Category: Other
Tribute: Senior Corporate Personality Sega Nagendra (1939-2022)
March 1, 2022 (LBO) – They don’t make them like they used to anymore. Senior corporate personality Sega Nagendra passed away suddenly on 28th of February 2022. Sega Nagendra was a fixture on the Sri Lankan corporate circuit. Everyone seemed to know him, and there was always positivity when his name was mentioned.My interactions span […]
Rise in Global Inflation Widespread and Persistent: Fitch Ratings
The pick-up in global inflation has been widespread and persistent and has shown few signs of having peaked, according to Fitch Ratings’ latest ‘20/20 Vision’ chart pack. CPI inflation has increased in virtually every Fitch 20 country in the past three months and is now elevated relative to pre-pandemic rates and inflation targets in many […]
Sri Lanka’s inaugural Protected Geographical Indication for Ceylon Cinnamon
When was it received? Ceylon Cinnamon was added in the register of protected designations of origin and Protected Geographical Indications (PGI) on 2nd February, 2022. The EU commission by the implementing regulation – (EU) 2022/144, entered a name ‘Ceylon Cinnamon’ in the register of protected designations of origin and protected geographical indications (Ceylon cinnamon (PGI). […]
European Union, UNDP & UNICEF join hands to launch Justice Reform Programme in Sri Lanka
The Ministry of Justice (MoJ) with funding from the European Union, along with the United Nations Development Programme (UNDP) and the United Nations Children’s Fund (UNICEF) in Sri Lanka have come together to launch the Justice Reform (JURE) Programme. This new flagship initiative, funded by the EU for EUR 18 million (approx. LKR 4 billion) […]
‘s delegation to the UNHRC
The 49th Session of the United Nations Human Rights Council will take place from 28 February to 1 April, 2022 in Geneva. During the Session the UN High Commissioner for Human Rights will present a written update on Sri Lanka to the Council and there will be an Interactive Dialogue on Sri Lanka on 3 March, […]
Diaspora investment in Mullaitivu, Mullai Milk Processing Industries
By Jekhan Aruliah Mr S.Thavaseelan, known as Seelan, was born in Kayts a town at the Northern end of Jaffna’s Velanai Island. His father, who delivered letters for the Ceylon Post Office, died when Seelan was 4 years old. He left the young family with a government pension which his mother supplemented doing other jobs. […]
“Growing sense of insecurity among people despite years of development growth,” UN report
Global development progress does not automatically lead to a greater sense of security, according to a new United Nations Development Programme (UNDP) report on human security released Thursday. New data and analysis in the report, New Threats to Human Security in the Anthropocene, shows that people’s sense of safety and security is at a low […]
Mitigating COVID impacts on child development outcomes in SL: World Bank
By Chiyo Kanda , World Bank Country Manager for Maldives and Sri Lanka COVID-19 has resulted in the worst health, social and economic crisis of our time. From the loss of life and its impact on communities, to the widespread economic instability and job loss, the devastating impacts of the pandemic are being felt across […]
SL aims to establish FTAs with most Southeast Asian countries, Min Balasuriya
Significant strides in establishing Free Trade Agreements with Bangladesh and the Maldives, together with existing FTAs will pave the way to initiate FTAs with most Southeast Asian countries by next year, enhancing Sri Lanka’s position as an attractive destination for Foreign Direct Investment, State Minister of Regional Cooperation, Hon. Tharaka Balasuriya stated recently. Speaking at […]
Rapid Assessment on Health Care Waste Management handed over to Ministry of Health
In 2019, the National Audit Report on Health Care Waste Management (HCWM) pointed out that health care waste and solid waste management is a major social and environmental challenge in Sri Lanka which needs urgent attention. Working in 170 countries and territories, the United Nations Development Programme (UNDP), is the technical lead of the UN […]
INSEE Cement main supplier to Uma Oya Project
INSEE Cement is Sri Lanka’s leading manufacturer of cement and is the company behind renowned cement brands such as Sanstha and Mahaweli cement. Presently, INSEE Cement is the suppliers of cement to the Uma Oya Multipurpose Development Project in the Uva Province. The project includes the commissioning of a new hydropower station and irrigation infrastructure […]
European Union should press Sri Lanka for repeal of Prevention of Terrorism Act: Human Rights Watch
The Sri Lankan government is using the discredited Prevention of Terrorism Act (PTA) to commit prolonged arbitrary detention and torture, Human Rights Watch said in a report released today. The European Union, other trading partners, and donors, should press for time-bound action to repeal the abusive law and reject the government’s vague pledges of reform. […]