Business
CSE signs a MoU with the University of Ruhuna, Sri Lanka
“When looking at the university community, I think everyone needs education on the stock market and should have financial literacy; not just the Faculty of Management, academic staff but also the non-academic staff to manage finances in daily life.”– Vice Chancellor, University of Ruhuna, Sri Lanka.
“Promoting financial literacy among Sri Lankans, especially among undergraduates is important as they are a key segment of the population who will contribute towards building a stable economy in the future.” – CEO, CSE
The Colombo Stock Exchange (CSE) signed a Memorandum of Understanding (MoU) recently (19.07.2023), with the University of Ruhuna, Sri Lanka, to formalize collaborative efforts to improve financial literacy among undergraduates in Sri Lanka.
The collaboration proposes to promote capital market education among undergraduates, by working together on a number of mutually beneficial strategic initiatives. Accordingly, the initiative would offer practical educational training and internship opportunities for students of the University of Ruhuna, who are engaged in accountancy and finance, business management, and economics-related degree programmes with the CSE.
Furthermore, under the terms of the MoU, the CSE will grant an award to the student who obtains the highest value in the Grade Point Average (“GPA”) in the Financial Management Specialization Programme.
The University of Ruhuna will also collaborate with the ongoing educational initiatives of the CSE, including the Advanced Diploma in Financial Markets (ADFM), as well as in future educational and research activities, by providing the required expertise and resource persons.
Commenting on the partnership, the CEO of the CSE, Rajeeva Bandaranaike, stated, “Promoting financial literacy among Sri Lankans, especially among undergraduates is important as they are a key segment of the population who will contribute towards building a stable economy in the future. Taking cognizance of this objective, we are pleased to partner with the University of Ruhuna, to engage in a productive line up of initiatives to promote financial literacy among undergraduates in the Ruhuna university.”
The Vice Chancellor of the University of Ruhuna, Senior Professor Sujeewa Amarasena, also shared his views and thanked the Colombo Stock Exchange for signing the Memorandum of Understanding with the University of Ruhuna, to bring more opportunities to both parties.
“Most people do not invest in the stock market, not because they are out of capital but due to a lack of financial literacy. When looking at the university community, I think everyone needs education on the stock market and should have financial literacy; not just the Faculty of Management, academic staff but also the non-academic staff to manage finances in daily life.”
“Thus, with financial literacy, the students would be able to engage in businesses and careers within ethical boundaries, something that Sri Lanka lacks at the moment. That will also help to boost our economy.” he further said.The Professor also suggested to launch stock market clubs in all faculties of the university. (CSE news release)
Company stresses ambition to surpass this milestone
Eyes markets across Africa and beyond
In a groundbreaking achievement for Sri Lanka’s IT and electronics manufacturing industry, EWIS Colombo Ltd, the country’s first and only local computer manufacturer, has successfully exported its first consignment of locally built laptops to Zimbabwe.
This landmark event not only positions Sri Lanka as an emerging force in global IT hardware manufacturing but also highlights EWIS’s commitment to innovation, quality, and excellence on the international stage.
This historic shipment, dispatched from EWIS’s state-of-the-art manufacturing facility in Samajasewapura, Sooriyawewa, underscores the company’s dedication to delivering world-class technology solutions. With over 11 years of expertise in manufacturing and assembly, EWIS Colombo Ltd has played a pivotal role in driving Sri Lanka’s ICT sector forward. As a Board of Investment (BOI) Section 17-approved company, EWIS has established the country’s first and only local computer manufacturing plant, paving the way for the nation’s growth in high-tech exports.
Speaking on this momentous achievement, Sanjeewa Wickramanayake, Chairman of EWIS Colombo Ltd, said: “This milestone is not just for EWIS but for Sri Lanka as a whole. It proves that our country has the talent, capability, and ambition to manufacture and export high-quality IT products, competing confidently on the global stage. As we continue expanding beyond local markets, we take immense pride in showcasing Sri Lanka’s excellence in technology and innovation to the world. EWIS’s commitment to world-class quality is reinforced by its ISO 9001:2015, ISO 14001:2015, CE, FCC, and RoHS certifications, ensuring compliance with international quality, safety, and environmental standards.”
Speaking further he said:
“For nearly four decades, EWIS has been a trailblazer in Sri Lanka’s ICT sector, delivering cutting-edge solutions for education, businesses, and government enterprises.
With over 11 years of local manufacturing and assembly expertise, EWIS has continuously refined its capabilities to produce high-quality, internationally competitive IT hardware. The successful export to Zimbabwe represents a bold step toward expanding EWIS’s global footprint, reinforcing Sri Lanka’s potential as a world-class technology and manufacturing hub.”
Dialog Television, Sri Lanka’s #1 Pay-TV service provider, has partnered with Emerging Media to enhance the convenience and effectiveness of advertising. This collaboration brings together Dialog Television’s world-class entertainment, featuring 18 advertisable channels across genres such as movies, edutainment, kids, music, sports, and local content, with Emerging Media’s expertise in digital advertising and targeted marketing. This synergy creates a seamless platform for businesses to maximize brand exposure across multiple channels.
With a reach of over 1.7 million households, Dialog Television provides advertisers with a powerful avenue to engage diverse audiences. Brands can place advertisements on leading international and local channels such as &flix, Star Movies, TLC, Animal Planet, AXN, Zee Café, Comedy Central, Star Plus, A+, Nickelodeon, Star Vijay, Zee Tamil, Star Sports, Ten Cricket, Sony SIX, ThePapare TV, Channel One, Citi Hitz and Channel C. Through this partnership, Emerging Media will facilitate advertising sales, allowing businesses to target specific viewer segments while simplifying the media buying process with a single point of contact.
Commenting on the partnership, Lim Li San, Group Chief Operating Officer at Dialog Axiata PLC, stated, “As Sri Lanka’s premier Pay-TV service provider, we serve more than 1.7 million households with over 6 million pairs of captive eyeballs across Sri Lanka. Today, we are excited to embark on this partnership with Emerging Media to avail our Dialog Television platform and brand strength to provide quality advertisement exposure and customer engagement to local businesses across Sri Lanka.”
The International Institute of Health Sciences (IIHS), a pioneer in healthcare training for over 23 years, has partnered with the University of Surrey, UK, to revolutionise healthcare education in Sri Lanka and the broader South Asian region. This will create a world-class academic pathway for aspiring nursing and healthcare professionals, as well as young individuals seeking careers in the field. Under this agreement, IIHS and the University of Surrey will introduce a series of academic initiatives to enhance healthcare training and accessibility.
These include delivering internationally recognised nursing programmes that allow Sri Lankan and regional students to earn globally competitive qualifications in Sri Lanka.
Commenting on the move, Dr. Kithsiri Edirisinghe, CEO & Dean of Undergraduate Studies at IIHS, said: “This MOU marks a significant step in our mission to deliver world-class healthcare education to Sri Lanka and the region. IIHS remains dedicated to shaping the future of healthcare professionals and fostering global healthcare leadership.” Dr. Shelini Surendran, Associate Dean (International) at the University of Surrey, emphasised: “Sri Lanka is establishing itself as a regional education hub, and this partnership ensures students across Asia can access top-tier UK healthcare education at IIHS. By bridging academic excellence with accessibility, we provide students with a clear pathway to their professional goals.”
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