COPA advises Department of External Resources The Committee on Public Accounts (COPA) directed the Department of External Resources to prepare a specific 10-year Economic Development Plan aimed at the economic development of the country. These instructions were given at the COPA met in Parliament recently (09) under the chairmanship of Hon. (Prof.) Tissa Vitharana. The…
The Consulate General of Sri Lanka in Melbourne has implemented a digital Consular Counter Management System to provide efficient consular services to the large number of Sri Lankans in the Australian states of Victoria, South Australia and Tasmania. This “App” was launched to reduce the operational expenses of the Consulate General, falling in line with…
The Industrial Disputes (Special Provisions) Bill, published in the Gazette dated 08th April 2022, was brought to the notice of the Ministerial Consultative Committee on Labour and Foreign Employment which met recently (10) under the chairmanship of Hon. Manusha Nanayakkara, Minister of Labour and Foreign Employment. At present, according to the Industrial Disputes Act, in…
Reuters – R.M.R Lenora stood in a snaking queue outside Sri Lanka’s Immigration and Emigration Department headquarters for two days last week, hoping to get a passport and, with it, a chance to leave a country wilting under an economic crisis. A garment worker, 33-year-old Lenora decided to apply for a job as a maid…
The United States announced today that it will provide $6 million in emergency assistance to address the needs of marginalized and vulnerable communities impacted by Sri Lanka’s economic crisis. This new funding will also provide technical assistance to the Government of Sri Lanka as it implements economic and financial reform measures to stabilize the economy,…
The United States continues to promote sustainable energy and economic growth in Sri Lanka. On June 15, U.S. Ambassador to Sri Lanka Julie Chung attended a signing ceremony for an agreement that will provide technical assistance to VEGA Innovations to help them further develop Sri Lanka’s electric vehicle sector. The agreement, to be funded by…
The Committee on Public Accounts held recently (08) drew special attention to the quantity of ethanol imported for use in Sri Lanka and the lack of proper regulation of importing institutions. The Import and Export Control Department officials were instructed to submit a report to the Committee within two weeks containing the procedure for issuing…
University of Moratuwa (UoM) and Dhammika & Priscilla Perera Foundation (DP Foundation) signed a Memorandum of Understanding (MoU) on 2nd of June 2022 to facilitate open online course development and delivery at the Certified Associate in Project Management (CAPM) level of the Project Management Institute, USA. The objective of this initiative is to provide opportunities…
Virtusa Corporation, a global provider of digital strategy, digital engineering, IT services and solutions that help clients change and disrupt markets through innovation engineering, announced the appointment of Naresha Supramaniam as its new Country Head for Sri Lanka. Naresha’s latest appointment is in addition to his current responsibility as Business & Revenue Head of Virtusa’s…
The Federal Reserve raised its key short-term rate by 0.75%. It’s the biggest hike in 28 years as the Fed tries to tamp down inflation by raising borrowing costs. The central bank signaled more rate hikes may be coming in 2022. (USA TODAY) – The Federal Reserve rolled out the heavy artillery in its bid…
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