Connect with us

News

ICC Sri Lanka’s third annual arbitration conference explores key legal and trade issues

Published

on

The International Chamber of Commerce Sri Lanka (ICC Sri Lanka) successfully concluded its third annual Arbitration Conference last week at Colombo’s Galadari Hotel. Marking the centenary of the ICC International Court of Arbitration, the event celebrated a century of advancing global trade and investment through dispute resolution and prevention.

ICC Sri Lanka, a part of the expansive ICC network spanning over 170 countries, orchestrated this year’s conference, a platform for legal experts, practitioners, scholars, and business leaders. The conference’s multifaceted discussions, under the theme “Advantages & Disadvantages of Arbitration and Commercial Mediation in Sri Lanka,” delved into pertinent topics. Notably, the event featured nine distinguished local and international speakers, including Justice Priyantha Jayawardhane PC, who highlighted “Enforcement Settings Aside from Arbitration Awards.”

Reflecting on the conference’s success, ICC Sri Lanka Chairman Anthony Shanil Fernando stated, “The ICC Sri Lanka Arbitration Conference this year was a resounding success, attracting over 180 participants and esteemed speakers from Singapore, Malaysia, India, and beyond.” Notable figures like John Denton, Secretary General of ICC Paris, and Claudia Salomon, President of ICC Court of Arbitration Paris, were among those who addressed the gathering.

Arbitration, a growing alternative dispute resolution method in Sri Lanka’s legal landscape, has gained prominence as the nation aims to establish itself as a regional hub for international business and investment. Amid this pursuit, comprehending the nuances of arbitration’s benefits and challenges is of paramount importance. One of the conference’s panel discussions focused on the Singapore Convention on mediation and the 1958 New York Convention, pivotal frameworks for arbitral awards.

Fernando also highlighted ICC Sri Lanka’s broader role beyond trade facilitation, encompassing responsible business conduct, corporate social responsibility, and sustainable development. Emphasizing ethical business practices, ICC Sri Lanka underscores the importance of responsible operations that consider societal well-being and environmental impact.

The conference featured an esteemed lineup of speakers and panellists, including Justice Priyantha Jayawardena, PC; Vikum de Abrew, PC; Dinal Phillips, PC; Viveka Siriwardena, PC; Dr. Harsha Cabral, PC; Dato Jude Benny; Tejus Chauhan; Anand Mujmudar; Shanil Fernando; K. Murali Pany; Alex Ngu; Anil Changaroth; and numerous local representatives from various sectors. The event culminated with a vote of thanks from Hemakumara Gunasekera, Secretary of ICC Sri Lanka.



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Foreign News

One dead in US after being struck by taking off Frontier Airlines plane

Published

on

By

A Frontier Airlines jetliner taxis down a runway for take off from Denver International Airport in Denver, Colorado [Aljazeera]

A person has died after jumping an airport perimeter fence in the US state of Colorado and being struck by a Frontier Airlines plane, according to authorities.

Denver International Airport said the unusual incident occurred late Friday, after the unidentified individual gained access to the tarmac.

It said the “pedestrian jumped the perimeter fence and was hit just two minutes later while crossing the runway”.

A brief engine fire followed the collision, which was put out by emergency responders, according to the airport.

It said that 12 of the 231 people on board suffered minor injuries, with five hospitalised.

The airport said investigators had examined the fence line where the individual entered and “found it to be intact”.

It added that the struck individual “is not believed to be an employee of the airport”.

“We are extremely saddened by this incident and express our sympathies to those involved,” the airport said.

Both local authorities and the National Transportation Safety Board (NTSB) were investigating the incident.

Airport safety in the US came under renewed scrutiny earlier this year amid a prolonged shutdown of the Department of Homeland Security (DHS), which temporarily left both Transportation Security Agents (TSA) and air traffic controllers working without pay.

While instances of people being killed on airport tarmacs are rare, Friday’s incident came a day after a Delta employee was killed after an airport vehicle struck an airbridge at Orlando International Airport.

In March, two pilots were  killed after an Air Canada Express plane crashed into a fire-rescue vehicle at LaGuardia Airport in New York.

About 225,000 people travel through Denver International Airport a day.

[Aljazeera]

Continue Reading

Latest News

Showers above 100 mm are likely at some places in the  Western, Sabaragamuwa, Central, Southern, Uva, North-western and Northern provinces and in Anuradhapura district.

Published

on

By

WEATHER FORECAST FOR 10 MAY 2026
Issued at 05.30 a.m. on 10 May 2026 by the Department of Meteorology

The low-level atmospheric disturbance in the vicinity of Sri Lanka is likely to develop into a low-pressure area around 11th of May. Therefore, the prevailing showery conditions over the island are expected to continue during the next few days.

Showers or thundershowers will occur at most places over the island, and cloudy skies are expected over the island. Heavy showers above 100 mm are likely at some places in the  Western, Sabaragamuwa, Central, Southern, Uva, North-western and Northern provinces and in Anuradhapura district.

The general public is kindly requested to take adequate precautions to minimize damage caused by temporary localized strong winds and lightning during thundershowers.

Continue Reading

News

Lanka Port City officials to meet investors in Dubai

Published

on

ECONOMYNEXT –Colombo Port City (CPC) officials will head to Dubai to meet with investors on June 11, as Sri Lanka’s most ambitious economic zone looks for further foreign investments.

“We are meeting people in Dubai and the Middle East in order to demonstrate that Colombo Port City can be a supplementary zone of investment,” Harsha Amarasekara, Chairman, Colombo Port City Economic Commission (CPCEC), told Economynext.

The meeting will be organised by CPCEC, China Harbour Engineering Company, Consulate General of Sri Lanka – Dubai, and the Embassy of Sri Lanka – Abu Dhabi.

Foreign investor meetings have been a consistent factor in marketing CPC, and identifying potential markets has been a priority for CHEC and CPCEC.

“We have shortlisted and identified primary markets and we have combed the globe in that to say have a rationale behind why you would want to do certain things, a road show in a particular country,” Thulci Aluwihare, Deputy Managing Director, CHEC Port City Colombo, told Echelon Media.

“Once we kind of shortlist on that, then we aggressively go and market Port City, first Sri Lanka I should say, then Port City.”

“Sri Lanka is known in the world as a tourist destination, not essentially for a doing business capital. That is the narrative that we are trying to change,” he added.

Continue Reading

Trending