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CA Sri Lanka marks 65 years
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), the country’s National Body of Accountants, marked its 65th anniversary with a ceremonial bell ringing at the Colombo Stock Exchange (CSE) recently.
CA Sri Lanka President Heshana Kuruppu officiated the event, joined by Vice President Tishan Subasinghe, council members, past presidents, CEO Lakmali Priyangika, and CSE leaders, including Chairman Dilshan Wirasekara, and CEO Rajeeva Bandaranaike.
The ceremony symbolised CA Sri Lanka’s enduring role in upholding financial integrity and advancing Sri Lanka’s professional and capital market landscape since its founding in 1959 by an Act of Parliament.
Kuruppu described the bell ringing as a symbol of transparency, trust, and transformation, affirming the Institute’s commitment to innovation and national progress. Wirasekara lauded CA Sri Lanka’s role in driving financial reporting standards and leadership in integrated and sustainability reporting.
Celebrations for the milestone began in 2024 and include a commemorative stamp, a felicitation ceremony, a scholarship award, and a tree planting initiative planned later this year.
The Institute’s 65th anniversary theme, “Lead – Thrive – Sustain,” reflects its forward-looking mission to empower professionals and support Sri Lanka’s economic resilience, said a release.
News
Scientists sound alarm over Lanka’s mounting food waste
Sri Lankan scientists have revealed that households, restaurants, hospitals and farms across the country discard large quantities of food daily, despite growing concerns over food insecurity and rising living costs.
The findings were presented at a forum organised by the National Science Foundation’s Media and Event Management Division, under the purview of the Ministry of Science and Technology, at the NSF auditorium in Colombo last week.
Delivering a stark assessment of the crisis, Emeritus Professor K.K.D.S. Ranaweera observed that the modern world is now divided between “those who do not sleep because they are hungry and those who do not sleep because they are afraid of those who are hungry.”
Addressing academics, food science experts and media representatives, Prof. Ranaweera revealed that food wastage in Sri Lanka occurs across the entire supply chain even as many citizens continue to battle malnutrition and food insecurity.
Citing the United Nations Environment Programme Food Waste Index Report 2021, he said Sri Lankan households alone generate more than 1.6 million tonnes of food waste annually.
The destruction begins even before food reaches markets. According to data presented at the forum, wild animals including peacocks, monkeys, wild boars and elephants inflict annual agricultural losses estimated at between Rs. 17 billion and Rs. 20 billion, destroying nearly 31,000 metric tonnes of fruits and vegetables before harvest.
Massive losses continue after harvesting as well. Government statistics show that 19% of vegetables, amounting to 221,955 metric tonnes, and 21% of fruits, equivalent to 290,151 metric tonnes, are wasted every year owing to poor harvesting practices, rough transportation, delays, improper handling and the lack of adequate cold storage facilities.
Restaurants and social functions were identified as another major source of waste. Prof. Ranaweera disclosed that restaurants in the Colombo district alone discard nearly 110 tonnes of food daily. Lavish weddings and large-scale social gatherings, where food is routinely over-served, were described as a culturally entrenched contributor to the crisis.
Prof. Ranaweera said hospitals too have become significant generators of food waste. Forum participants revealed that a national hospital produces between one and four metric tonnes of food waste per day. In many instances, visitors bring several meal packets for patients, much of which ultimately ends up in garbage bins.
The household sector emerged as one of the most troubling contributors. According to figures presented at the forum, urban households waste food worth over Rs. 1,000 each week, while an average family discards around 34 kilos of food weekly.
Participants at the forum further cautioned that nearly half of the solid waste generated in the Western Province, much of it originating from the Colombo district, consists of food waste, placing severe pressure on already overburdened waste management systems.
The forum also featured presentations by Emeritus Professor Buddhi Marambe, Prof. Renuka Silva and Dr. Hiranya Jayawickrema.
NSF Chairman Dr Sudath Samaraweera and Director General Prof. Shiromi Perera were also present.
The scientists stressed that unless urgent measures are introduced to curb food wastage, strengthen storage and transportation systems and transform public attitudes towards food consumption, Sri Lanka could face a deepening food security crisis while mountains of edible food continue to be dumped daily.
News
Dy. Def. Minister reviews CG preparedness
Deputy Defence Minister Maj. Gen. (retired) Aruna Jayasekera recently reviewed the Coast Guard’s Command and Control mechanism, operational coordination, and maritime security preparedness. During a recent visit to the CG headquarters, at Mirissa, on the invitation of CG Director General Rear Admiral Rohan Joseph, the Minister also assessed drone surveillance capabilities, assistance extended to fishing and coastal communities, and efforts undertaken to protect the marine environment.
The Deputy Minister also visited the CG Lifesaving Training School, at Balapitiya, where he commended the CG for its exemplary contributions to oil spill response, and drug interdiction. During his visit to the Lifesaving Training School, in Balapitiya, he commended the role of the Coast Guard lifesavers in rescuing lives, and also witnessed a live lifesaving demonstration.
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SJB defectors appointed UNP organisers
Two of the three Kandy District organisers who recently quit the SJB have been appointed as UNP organisers.
Those who resigned from the SJB are retired Major General Nissanka Ranawana (Galagedara), Attorney-at-Law Channa Galappatti (Teldeniya) and Padmalal de Alwis (Assistant Organiser, Harispattuwa).
Galappatti has been appointed UNP organiser for the Yatinuwara seat, while de Alwis has been named organiser for Harispattuwa.
The appointments were made by UNP General Secretary Thalatha Atukorale.
Both Galappatti and de Alwis are former members of the Central Provincial Council.
Meanwhile, Aruna Ravishanka has been appointed UNP organiser for Pathahewaheta.
He is the son of former MP Shriyani Daniel and a nephew of former MP Anura Daniel.
by S. K. Samaranayake
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