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SLID enters into strategic collaboration with TISL to launch ‘Business Against Corruption’
The Sri Lanka Institute of Directors (SLID) recently entered into a strategic collaboration with Transparency International Sri Lanka (TISL) to launch an initiative under the theme ‘Business Against Corruption’.
Under this theme, the two institutions will work together to facilitate and enable businesses to mitigate the risk of corruption.
The roadmap planned over a three-year time horizon includes a series of programs and activities to create awareness on the issue, key stakeholder engagements, training programs incorporating international best practices on the subject, instilling sound values of transparency, accountability, integrity, fair market competition, fair pricing, ethical business practices, credible leadership and building a strong inner resilience framework.
SLID Chairman Faizal Salieh said: “We are mindful of the current state of affairs, the ground realities, and the challenges faced by companies in doing business. Therefore, our approach on this journey is pragmatic and practical and will enable businesses to proactively and progressively mitigate the corruption risk using preventive measures, checks and balances on a voluntary, ‘best efforts’ basis.”
TISL Executive Director Nadishani Perera said: “Businesses play a critical role in any nation’s efforts against corruption. At this unique and transformative moment in Sri Lanka’s history, as the citizens have risen against corruption, it is of utmost importance that the business community also commits to do its part towards this mission. TISL is honoured to partner with SLID to support this ‘Business Against Corruption’ initiative, with renewed hope for the country.”
Both SLID and TISL are committed to working closely with the business community to raise the integrity of our nation and make it a better investment destination.
SLID said corruption has been identified as a root cause of the current political and economic crisis in Sri Lanka by several analysts. It exists at the business, public, and Government levels and needs to be addressed in the national search for solutions to the present crisis with a view to ensuring the country’s economic recovery and long-term sustainability. Corruption endangers and discourages investment, leads to the misallocation of resources, creates uncertainty, and results in high social costs. Mitigating corruption will make way for Sri Lanka to become an attractive destination for good, long-term investments.
Corruption has plagued Sri Lanka for many years and still continues to do so. Sri Lanka is ranked 102nd in Transparency International’s most recent Corruption Perception Index (2021), which ranks 180 countries and territories by their perceived levels of public sector corruption. Article IV of the report recommends that “efforts to strengthen governance and reduce corruption vulnerabilities should continue.”
In the absence of strong legal requirements for corporates to prevent and resist corruption, it is imperative that the business sector looks to international best practices and alternative voluntary avenues in order to uphold standards of ethics and integrity in business.
SLID believes that now is the time for companies to step forward in response to the compelling national need to eliminate corruption and be part of a collective business action to progressively strengthen their internal resilience against corruption at the strategic level and transaction level.
“Crises, as serious as the one we have now, consume people and systems. We as a people should pursue what is good and right for the country in the long-term, and rise above narrow short-term interests. At this turning point of our nation, making appropriate long-term structural changes is imperative,” SLID added.
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In order to safeguard the future of the country, a quality human resource must be developed. – Prime Minister
Prime Minister Dr. Harini Amarasuriya stated that in order to ensure the economic, social, and cultural security of the country, it is essential to develop a quality human resource, and that education plays a vital role in achieving this goal.
The Prime Minister emphasized that the government is committed to bring about a transformation in the education sector, and that the government will continue to move forward by overcoming obstacles encountered along the way, guided by a clear vision and purpose.
The Prime Minister made these remarks while addressing the EDCS Sisu Nena Pranama scholarship award ceremony held on Saturday (31) at Temple Trees, organized to recognize the children of the members of the Education Co-operative Society (EDCS) who have been selected to state universities for the academic year2023/2024.
Elaborating further, the Prime Minister noted that this program, organized by the Education Service Employees– Co-operative Thrift and Credit Society Ltd, is not merely about providing scholarships, but is an occasion that recognizes and appreciates the dedication of students and their parents who are preparing to shoulder the responsibility of the country’s future.
The Prime Minister also pointed out that it is a remarkable achievement that a society which began in 1930 with just 58 members and a membership fee of one rupee has today grown into the largest cooperative society in South Asia, with approximately 215,000 members.
The Prime Minister further highlighted how rapidly the world is changing, and the increasing necessity of developing human resources in the face of economic and environmental crises. She stressed that the education system must be transformed from the level of school education itself to align with the demands of the modern world, and that students entering universities should become leaders and active participants in this transformation.
Noting that out of nearly 300,000 students who enter primary education each year, only about 40,000 gain admission to universities, the Prime Minister urged students to make use of this opportunity for the development of the country.
Addressing the occasion, Deputy Minister of Labour and General Secretary of Ceylon Teachers Service Union, Mahinda Jayasinghe, stated that due to corruption-free management, it was possible to increase the financial stability of the society from Rs. 1,200 million to Rs. 1,700 million within a short period of approximately nine months.
Under this year’s program, scholarships amount to over Rs. 13.7 million were awarded to 2,292 students who have been selected to state universities.
This scholarship program, which initiated in 1984 with 15 students and an initial fund of Rs. 3,500, has been conducted continuously for 41 years. At present, scholarships of up to a maximum of Rs. 75,000 per student are awarded, demonstrating the collective strength and solidarity of the teaching community.
The event was attended by the Chairman of the Education Development Cooperative Society, Lal Kumara, the Western Province Director of Education, Darshani Iddamalgoda, along with other officials.

[Prime Minister’s Media Division]
News
Police face 32,000-officer shortage:IGP
IGP Priyantha Weerasooriya says that the Police is facing a shortage of nearly 32,000 personnel and is currently operating well below its required strength.
He made these remarks while attending a ceremony held on Friday morning (30) to recognise the contribution of fingerprint officers, crime analysis officers and forensic photographers attached to the Criminal Investigation Department for their role in solving crimes.
Addressing the gathering, the IGP said that around 2,500 police officers are due to retire this year, with a further 2,700 officers expected to retire next year.
In view of the growing cadre shortfall, he said plans are underway to recruit 10,000 new officers to the Sri Lanka Police in the future.
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Lanka’s Sabina Yousaf wins Mrs. Photogenic, Second Runner-Up at Mrs. World
Sri Lanka earned international recognition at the 41st Mrs. World pageant, with Sabina Yousaf being named Second Runner-Up, marking a notable achievement for the country at the prestigious global competition.
In addition to securing a top-three finish, Yousaf also won the Mrs. Photogenic mini-title and placed among the Top 20 contestants, underscoring her strong performance on the international stage.
The Mrs. World 2025 crown was won by Chanita Seedaket Craythorne of Thailand, while Paige Ewing of the United States was declared First Runner-Up.
The grand finale was held on 29 January in Las Vegas, Nevada, and featured contestants from more than 60 countries competing for the coveted title.
The announcement of the Top Three finalists placed Sri Lanka alongside leading global pageant contenders, reinforcing the country’s growing presence in international pageantry.
Final Results – Mrs. World 2025:
Winner: Thailand – Chanita Seedaket Craythorne
First Runner-Up: United States – Paige Ewing
Second Runner-Up: Sri Lanka – Sabina Yousaf
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