Ms. Nilupa Perera, Senior Vice President of the Broker Supervision and Listed Entity Compliance Divisions at the Colombo Stock Exchange (CSE), provides an in-depth look at the critical roles her divisions play in maintaining market integrity and fostering good corporate governance. What is the role of the Broker Supervision Division at the CSE? The Broker…
SLGJA rings alarm bells about the gradual migration of the gem and jewellery industry The Sri Lanka Gem and Jewellery Association (SLGJA), raises growing concern that the imposition of high taxes, including the Value-Added Tax (VAT) is driving businesses in the gem and jewellery industry to be relocated to other, countries, which have more conducive…
By Prof. Samitha Hettige Amidst Paris Olympics topic USA requested World Anti Doping Organization for ‘representative status which corresponds to its economic contribution’ by threatening to stop financial aid while hyping up the doping issue. Some view it as ‘American hegemony & coercion’ in sports. They also are of the view that doping is increasingly…
By Chaya Dissanayake Digital fundraising is gaining momentum in Sri Lanka. The Doing Good Index 2024 reveals the level of digital technology adoption in Sri Lanka and 17 other Asian economies, among other indicators of philanthropic activities. Enhancing cybersecurity awareness, digital capacity development, and improving existing digital infrastructure are key to promoting digital fundraising in…
By Prof. Samitha Hettige The 2nd international forum on Conservation & Recovery of Tiger & Leopard was held in Harbin, Heilongjiang Province, China (July 28 to 31). It included discussions on global Tiger & Leopard population, habitat management, ‘Human Wildlife’ conflict resolution, & prey habitat restoration. Siberian Tigers (Amur tigers) are mostly found in northeast…
The Leadership Sri Lanka Needs for a Resilient Future to Propel the Nation Forward By Jithendra Antonio As Sri Lanka emerges from an unprecedented economic crisis that has shaken the foundations of its society, the nation stands at a pivotal crossroads. The upcoming presidential election on September 21, 2024, presents an opportunity for transformative leadership…
Reflecting on 45 years of Sri Lanka Ports Authority’s transformative impact on Sri Lanka’s ports while envisioning continued growth and excellence in the maritime sector Governor Joseph West Ridgeway, in Review of Administrative Affairs of Ceylon (1896-1903), lauded Colombo Harbour as one of the colony’s greatest assets, emphasising its status as one of the finest artificial harbours…
Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction) reached 59.5 in June 2024, recording its highest index value in thirty consecutive survey rounds. Most of the respondents highlighted that the industry is mainly driven by projects funded by multilateral agencies, particularly related to road rehabilitation and water distribution. New orders increased at a…
By Priyanka Jayawardena Public sector workers’ pensions are paid by tax revenue, with 12% of government revenue allocated for pensions. An IPS analysis shows that public service pensions are not a progressive welfare programme, with half of the publicly funded pensions benefitting the top 20% wealthier group. Implementing a contributory pension fund is crucial to…
By Prof. Samitha Hettige In Hindi & Bengali word ‘Deshabandu’ literary means ‘friend of the nation’ & it’s translated into English as ‘patriot’. Late F.R. Senanayake who pioneered independence from the English is referred a ‘Deshabandu’ by some. In post English Sri Lanka ‘Deshabandu’ is the 3rd highest ‘National Honour’ bestowed on those who bring…
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