By Viraj Dayaratne PC Chairman – Securities and Exchange Commission of Sri Lanka The new Securities and Exchange Commission Act No. 19 of 2021 (‘the Act’) has been certified by the Speaker on 21st September 2021 and has thus become law. It repeals and replaces the Securities and Exchange Commission Act No. 36 of 1987. The Act…
Achieves another milestone in diversity and inclusion in the workplace With gender equality playing an important role in the workplace today, Unilever Sri Lanka, one of the largest fast-moving consumer goods companies in the country, reached another milestone in its journey towards achieving diversity and inclusion by recruiting its first ever female workforce at…
The unique water themed pavilion is focused on promoting Sri Lanka as a gateway to South Asia Sri Lanka Pavilion was inaugurated at Expo 2020 Dubai on the 1st of October 2021. Designed by an award winning team from University of Moratuwa in Colombo, the ceremony featured a welcome procession with Magul Bera song and…
‘Driving your talent strategy’, the second session at the upcoming Sri Lanka Retailers Forum 2021 will focus on the crucial element of talent management and how retail can be positioned as an attractive employment sector. The session will discuss how organizations can manage attrition in the sector and how the industry should be looking at…
Lions Club Colombo Host District 306A1 recently concluded the third session of the Money Matters webinar series, “Money Matters 1.2 – Personal Credit – a good, bad and ugly?’’. This webinar series is a yet another social endeavour by Lions Club Colombo Host, which aims to enhance financial literacy and inclusion in Sri Lanka. The…
The Pandora Papers is a leak of almost 12 million documents that reveals hidden wealth, tax avoidance and, in some cases, money laundering by some of the world’s rich and powerful. BBC – More than 600 journalists in 117 countries have been trawling through the files from 14 sources for months, finding stories that are…
The Asian Development Bank (ADB) has approved a $110 million loan as additional financing for the ongoing Health System Enhancement Project that is improving the primary health care system (PHC) in Sri Lanka. The Health System Enhancement Project, approved in October 2018, is upgrading primary medical care units and division hospitals in Central, North Central,…
Sentiment in corporate circles improves despite persistent economic challenges In addition to the resurgence of COVID-19 cases that warranted a nationwide lockdown not long ago, Sri Lanka has continued to face economic challenges, chief among them being the foreign exchange crisis. While the country’s forex reserves increased at the end of August – courtesy the…
World Bank Supports Safe, Climate-Resilient Transport Connectivity to Strengthen Agricultural Supply Chains in Sri Lanka The World Bank’s Board of Executive Directors Thursday (30) approved $500 million in financing for Sri Lanka to provide safe, climate-resilient roads to connect agricultural supply chains through the Inclusive Connectivity and Development Project. This project is expected to benefit around…
The Information and Communication Technology Agency (ICTA) announces the launch of a Framework to Develop ‘Chief Digital Information Officers’ (CDIO) in the Public Sector of Sri Lanka. The initiative was launched virtually in the presence of the Secretary to the Ministry of Technology, Mr. Jayantha De Silva, Chairman of ICTA, Mr. Oshada Senanayake, Chief Executive…
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