Business

Melbourne’s Firbank Grammar School partners with Ladies’ College Colombo to offer VCE in Sri Lanka

Published

4 years ago

2022/08/22

‘This partnership will in some way help Sri Lanka’s young people to lead the country to an even brighter and more successful future’, said Australian High Commissioner

Newly designated Australian High Commissioner to Sri Lanka Paul Stephens marked his first official appearance in his new role at the launch of a landmark partnership between Firbank Grammar School in Melbourne, Australia, and Ladies’ College Institute of Professional Studies in Colombo on Friday, 12 August 2022, through which Firbank will support Ladies’ College to provide young men and women the opportunity to obtain the Victorian Certificate of Education (VCE).

The High Commissioner’s attendance at the event coincided with the 75th year of diplomatic relations between Sri Lanka and Australia, signifying the depth of long-term collaboration behind this partnership between the two educational institutions, which will see experienced mentors from Firbank Grammar School working regularly with educators at Ladies’ College to ensure that the VCE programme is delivered in line with the high standards that have earned Firbank its reputation as one of Melbourne’s leading Schools.

The Australian High Commissioner speaking at the event said, “The strength of this programme is that the VCE is delivered via a unique partnership model between, Firbank Grammar and Ladies’ College. This model encourages the cooperation and sharing of teaching knowledge and expertise which enriches the learning experience for students. Our hope is that this partnership will in some way help Sri Lanka’s young people to lead the country to an even brighter and more successful future.”

Through this partnership, which is facilitated by administrative support from AustraLanka International Academy, Ladies’ College will allow Sri Lankan students to benefit from Australian education without having to leave the country. Students in the VCE programme at Ladies’ College will share the same experience as students studying the VCE in Melbourne, with access to the same assessments and examinations.

The launch event, which was also attended by Firbank Grammar School Principal Jenny Williams and Director of International Operations Wendy Grant, alongside Ladies’ College Vice Principal Ranmalee Balasooriya and Ladies’ College Institute of Professional Studies Chief Operating Officer Sunimal Fernando, as well as AustraLanka International Academy Director Amila Jayasuriya, began with the traditional lighting of the oil lamp, before representatives from both schools formally signed the partnership agreement.

This is the first such partnership of its kind, where an Australian education institution has undertaken a long-term engagement with a local counterpart to consistently maintain and improve educational standards. While teachers will benefit from an evolving and improving curriculum, students gain the advantage of more holistic educational and assessment methods that go far beyond end-of-year exams.

Speaking about this at the launch event, Firbank Grammar School Director of International Operations Wendy Grant explained that Firbank Grammar School wants all its students, domestic and international, to see themselves as part of the global community, adding: “When they set their sights on success, they make a difference not only in their own countries, but across the world. The relationships that students develop internationally, we believe, will assist this, and help build a collaborative, cooperative global village into the future.”

Wendy noted that Firbank’s foray into Sri Lanka had long been in the works, with several Sri Lankans having worked with the school in Melbourne, and some of them being Ladies’ College alumni – thus, this partnership was born of the same collaborative culture that it seeks to inculcate in students through its VCE programmes.

The VCE is an internationally recognised senior secondary certificate issued by the Victorian Government that, upon completion, awards students an Australian Tertiary Admissions Rank (ATAR) score, which will provide them direct access to universities in Australia as well as around the world. This will open up opportunities to continue their higher education without the need for additional qualifications such as IELTS, allowing them access to better career pathways in the process.

What sets the VCE apart from other qualifications is its emphasis on the development of skills such as communication, collaboration, creativity, and critical thinking, as it aims to prepare students for lifelong learning and future employment. More than just an exam at the end of the year, school-assessed coursework as well as external exams contribute to an end-of-year study score.

Further information about the VCE and on how to enrol can be obtained via www.lk.firbank.education or by contacting Harin on +94 776 125 910 / +94714 753 611.

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Business

Super El Niño threatens to deepen Sri Lanka’s drought and economic woes

Published

21 hours ago

2026/09/4

Thilina Walpola

By Ifham Nizam

A potentially dangerous El Niño is gathering strength across the Pacific, with the World Meteorological Organization (WMO) warning that the climate event is expected to become very strong and continue into February 2027, raising the risks of drought, floods, extreme heat and major disruptions to rainfall patterns worldwide.

The warning has particular significance for Sri Lanka, where communities in several agricultural districts are already facing severe drought, depleted water sources and shrinking farm incomes.

The WMO said yesterday that forecasts from its Global Producing Centres show an “exceptionally high likelihood of nearly 100%” that El Niño will persist through February next year. The organisation said this is the first time one of its El Niño/La Niña updates has been so unequivocal, reflecting strong agreement among forecasting systems.

The event, driven by exceptionally warm waters in the tropical Pacific, is expected to strengthen further in the coming months, reach very strong intensity and peak towards the end of this year. Its climate impacts, however, are expected to continue well into 2027.

According to Meteorological Organization

Sri Lanka is already experiencing the consequences.

A Reuters report published on Wednesday from drought-affected areas said rainfall deficits of between 85% and 100% have been recorded in important farming regions including Ampara and Monaragala.

Wells, tanks, rivers and lakes have dried up, while tens of thousands of people are depending on government water deliveries, with some remote communities reportedly waiting up to 23 days for supplies.

The drought is also rapidly becoming an economic problem for rural communities. Croplands have withered, livestock operations have been affected and farmers who have lost their harvests are being forced to seek daily-paid employment to survive.

The latest WMO outlook also warns that the consequences of El Niño will not necessarily be uniform. The severity and timing of impacts in individual countries depend on geography, season and other climate drivers, including conditions in the Indian and Atlantic oceans.

For Sri Lanka, the Indian Ocean Dipole (IOD) will therefore be crucial. The WMO expects a positive IOD to develop, with a September-November seasonal mean of about 0.9°C. This could modify the normal influence of El Niño on rainfall over the region.

That creates another potential risk for Sri Lanka: the country may have to prepare not only for continued drought but also for episodes of intense rainfall, flooding and landslides later in the year. Climate variability increasingly means that a prolonged water shortage can be followed by sudden and destructive rainfall rather than a gradual return to normal conditions.

For Sri Lanka, the warning should therefore be viewed as an economic and national-planning issue, not simply a meteorological forecast. Agriculture, drinking water, electricity generation, food imports, public expenditure and rural livelihoods could all be affected.

Business

ABC Trade & Investment – All-China Environment Federation partner to drive Sri Lanka’s green infrastructure and investment

Published

21 hours ago

2026/09/4

Thilina Walpola

ABC Trade & Investments (Pvt) Ltd, a leading homegrown conglomerate in Sri Lanka’s ICT distribution and diversified business landscape, has formally entered into a strategic Memorandum of Understanding (MoU) with the All-China Environment Federation (ACEF). The partnership establishes a collaborative framework aimed at accelerating new-energy development, water management, and environmental protection projects across Sri Lanka.

The agreement bridges advanced Chinese engineering capabilities, equipment, technical expertise, and investment resources with ABC Trade & Investments’ local operational strength, market insight, and project implementation skills. By pairing international technology with on-the-ground execution, the initiative is designed to address Sri Lanka’s long-term environmental and civil infrastructure priorities.

The MoU was signed by Amalrajah Jayaseelan, Director/CEO of ABC Trade & Investment (Pvt) Ltd, and Shi Xiang, Secretary-General of the Belt & Road Eco-Industry Cooperation Working Committee of ACEF. The signing took place during the China–Sri Lanka Environmental & Energy Exchange and Cooperation Meeting at the Nondescripts Cricket Club Grounds in Colombo, held under the theme “Empower Green Development, Jointly Build a New Pattern of China–Sri Lanka Environmental & Energy Industry.”

Business

Heavy buying interest slows down stock trading

Published

21 hours ago

2026/09/4

Thilina Walpola

By Hiran H. Senewiratne

The CSE yesterday was very active at the outset but later slowed down due to heavy buying interest noted for select stocks.Amid those developments both indices moved upwards. The S and P SL20 went up by 23.73 points. Turnover stood at Rs 2.44 billion with 10 crossings.

The crossings were: Renuka Foods 19 million shares crossed for Rs 502 million; its shares traded at Rs 25.30, Dipped Products 1.9 million shares crossed to the tune of Rs 117 million; its shares traded at Rs 60.50, JKH 3.9 million shares crossed for Rs 78 million; its shares sold at Rs 19.70, Dialog Axiata 1 million shares crossed to the tune of Rs 46.6 million; its shares traded at Rs 46.40, Tokyo Cement 500,000 shares crossed for Rs 39.5 million; its shares sold at Rs 79 and Watawela Plantations 800,000 shares crossed for Rs 34 million; its shares were Rs 42.50 each.

In the retail market companies that mainly contributed to the turnover were; Vallibel Finance Rs 281 million (3.3 million shares traded), Dipped Products Rs 114 million (1.9 million shares traded), Haycarb Rs 90 million (424,000 shares traded), Alumax Rs 42 million (2.6 million shares traded), HNB Rs 38.5 million (102,000 shares traded), Swisstec Rs 30 million (506,000 shares traded) and Sierra Cables Rs 34 million (880,000 shares traded). During the day 118 million share volumes changed hands in 17802 transactions.

It is said that mixed market reactions were noted during the day. Financial sector, especially Vallibel Finance, performed well, while the manufacturing sector, especially JKH and Hayleys , performed significantly.

Meanwhile, Co-operative Insurance Company announced the redemption of 1,100,000 cumulative redeemable preference shares issued in December 2020 to the Health Department Co-Operative Thrift & Credit Society.

The total redemption consideration of Rs 16.61 million, including a 9 percent per annum cumulative dividend, is set for settlement on August 31, 2026.

Yesterday the rupee was quoted at Rs 328.25/35 to the US dollar in the spot market, stronger from Rs 328.30/60 the previous day, while bond yields were somewhat steady, dealers said.