Category: Special Reports
Sri Lanka elected to the Executive Board of the UNESCO
Sri Lanka was elected to the Executive Board of the United Nations Educational, Scientific and Cultural Organization (UNESCO) for the term 2023-2027, during the 42nd General Conference of the inter-governmental organization, on 15 November 2023 in Paris. Sri Lanka obtained 144 votes out of 188 member states voting at the said election, co-securing the 3rd highest vote […]
Government urged to crack down on tax evaders instead of taxpayers: Harsha
In a press conference held yesterday, MP Harsha de Silva, Chairman of the Committee on Public Finance, shed light on the government’s tax collection efforts, revealing significant shortfalls in expected revenue. His comments have ignited a debate on the fairness of the current tax collection system and whether the government should prioritize collecting taxes from […]
Borders and Budget: Visa reform will boost tourism and reverse brain drain
By Daniel Alphonsus Three million tourists are set to visit our shores next year. We will issue nearly as many online visas – millions too many. ETAs are a tourist’s bane: rather than dreamy sun, sea and sand, the weary salaryman’s getaway begins with the tedium of forms. The tourist’s ayubowan to Sri Lanka begins […]
Harsha proposes tax reforms to relieve burden on middle class and professionals
MP Harsha de Silva’s Tax Reform Proposal: Simplify PAYE tax structure and introduce surcharge.Surprising Revenue Figures: PAYE collection surpasses expectations, while PIT falls short.Inequality in Tax Burden: Current system disproportionately impacts middle-class professionals.MP’s Evidence-Based Approach: Proposed reforms aim to balance government revenue and reduce the tax burden.Combatting Tax Fraud: Efforts to address LKR 60 billion […]
UN HR Commissioner says, Call for historic transformation is far from being realised in Sri Lanka
Sri Lanka suffers from a continuing accountability deficit – be it for war crime atrocities, more recent human rights violations, corruption, or abuse of power – which must be addressed for the country to move forward, according to a UN Human Rights Office report published on Wednesday. “More than a year ago mass protests demanded better governance […]
Australian Government to hold Study Australia Showcase in Colombo
The Australian Trade and Investment Commission (Austrade) will hold a Study Australia Roadshow in Colombo on 14 September 2023. The showcase will be a one-stop-shop to address visitors’ queries on studying in Australia. The roadshow will be a valuable platform for students, parents and school teams to engage directly with delegates from an extensive line-up […]
Sri Lankan Embassy in Moscow Initiates Direct Employment Opportunities for Skilled Migrant Workers in Russia
The Embassy of Sri Lanka in Moscow is pleased to have initiated direct employment opportunities for Sri Lankan skilled migrant workers in the Russian Federation for the first time in the history, in collaboration with the Sri Lanka Foreign Employment Agency (SLFEA), a fully owned state organization in Sri Lanka. Under this initiative, the first […]
Sri Lanka ratifies Comprehensive Nuclear Test Ban Treaty
Sri Lanka deposited the instrument of ratification of CTBT with the UN Office of Legal Affairs (UNOLA) on 25 July 2023 at the UN Headquarters in New York becoming the 178th State to ratify the CTBT. By depositing CTBT instrument of ratification, Sri Lanka’s status as a signatory is elevated to a complete State Party to […]
TEDxColombo: Inspiring Sri Lanka with Unconventional Perspectives
TEDxColombo, the esteemed annual gathering and one of the oldest and largest TEDx events in Sri Lanka, is thrilled to announce its highly-anticipated 12th edition, set to captivate audiences with an exceptional lineup of speakers. On August 27, 2023, at the prestigious Monarch Imperial, TEDxColombo will once again ignite minds, foster deep discussions, and inspire […]
Foreign Minister Ali Sabry to participate at World Economic Forum in China
Foreign Minister Ali Sabry will lead a delegation to participate at the World Economic Forum to be held in Tianjin, China from 27 to 29 June 2023. The Forum themed ‘Entrepreneurship: The Driving Force of the Global Economy’, will provide a platform for dialogue among political and business leaders from over 90 countries across the […]
CA Sri Lanka launches new code of conduct and ethics for mid-level accountants
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently introduced a new code of conduct and ethics for mid-level professional accountants in yet another ground-breaking initiative to promote the highest standards of integrity and ethics within the accounting profession. The code which is applicable to both Certified Business Accountants (CBA) and Certified […]
CA Sri Lanka, CIMA inks membership pathway agreement to reinforce standing of members
Two renowned professional organisations, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Chartered Institute of Management Accountants (CIMA), signed a membership pathway agreement this month, in an effort to strengthen the professional standing of members of both institutions. The membership pathway agreement allows members of both CA Sri Lanka and […]