As an avid supporter of bridging gender disparities while empowering women in the workforce, Dialog Axiata PLC (Dialog), Sri Lanka’s premier connectivity provider joined hands as Platinum Sponsor on the 10th anniversary of WIM’s (Women in Management) foremost annual event the ‘Top 50’ Professional and Career Women Awards, to recognize and celebrate individual and corporate achievements of trailblazing women leaders in Sri Lanka for the year 2020.
Recognizing and valuing legacies which will, in turn, inspire others, the awarding body has recognized over 420 past award winners over the years, representing a wide array of professions including banking and finance, hospitality, media, legal, logistics and supply chain to name a few.
The ‘Top 50’ Professional and Career Women Awards,’ demonstrates the significant role women play in bringing about transformational change as employees, entrepreneurs, and business leaders going to show that gender equality is not only a social and moral imperative, but it also makes business sense. At Dialog, it is paramount that women are given the supportive platforms needed to be recognized and valued. Under the Dialog’s community investment umbrella, Yeheli.lk/Thozhi.lk – the first of its kind free digital, anonymous, trilingual messaging platform in Sri Lanka which connects users with expert advice, is one such example of Dialog’s commitment to the welfare of women as it is dedicated to assisting women’s health and wellbeing thereby enabling and empowering them to participate in the economy and society in order to build a sustainable future for the country.
Dialog is also the proud sponsor of the Women’s National Cricket Team of Sri Lanka as well as the Sri Lanka National Netball, Senior Netball, and Junior Netball Teams. The company also has close ties with the Dialog National and Junior National Netball Championship and is working together with its brand ambassadors, Umaria Sinhawansa, Stephanie Sansoni and Chamari Atapattu to create a culture of female empowerment and inclusivity across its portfolio.
Launched in March 2011 by WIM, ‘The Professional & Career Women Awards’ celebrates the achievements of remarkable women who inspire those around them – either through the media, through their astounding achievements in their careers, businesses and everyday lives. The annual event is an uplifting and emotional award ceremony where women are celebrated equally in one room. (Dialog)
Central Bank to Deal with the ‘Elephant in the Room’
Seeks opportunity to apprise parliament of substantial salary hikes to CBSL staff
By Sanath Nanayakkare
The Central Bank of Sri Lanka embroiled in a controversy pertaining to about 70% salary hike for CBSL employees despite the ongoing economic crisis, has expressed its willingness to be answerable to an appropriate parliamentary committee in this regard.
Issuing a press release, the Bank stated that it seeks an opportunity to apprise the Members of the Parliament in this context.Reproduced below is the press release issued by the Central Bank yesterday.
Clarification by CBSL on Salary Hike
“Central Bank of Sri Lanka (CBSL) has taken note of recent news reports in the media on comments and remarks attributed to some Members of Parliament at recent proceedings of the House with regard to the latest revision of remuneration of employees of the CBSL that were approved by the Governing Board under the triennial Collective Agreement entered into with the Trade Unions covering the period2024- 2026.”
“In this regard, the Governing Board at its meeting held on 21.02.2024, requested the Governor of CBSL, acting in terms of the Section 80 (2) (b) of the Central Bank of Sri Lanka Act No. 16 of 2023, to make a written request to the President in his capacity as the Minister of Finance, through whom the CBSL normally communicates with Parliament, to seek an opportunity to apprise the Members of the Parliament through an appropriate parliamentary committee of the process and rationale pertaining to the recent revision of remuneration of CBSL staff.”
“The Governor has accordingly made a written request on 22.02.2024.”
“CBSL will explain its position upon being offered the requested opportunity or on receipt of a request for information,” CBSL said.
On Feb. 19, The Island published its lead story titled, “Over 70% salary hike for CBSL employees: Gevindu demands explanation from Finance Minister.”
“Dissident SLPP lawmaker Gevindu Cumaratunga said on Feb. 18 that the Wickremesinghe-Rajapaksa government owed an explanation as to how the Governing Board of the Central Bank had approved a massive salary increase to CBSL employees at a time the country was experiencing a deep socio-economic crisis,” the news story said in its beginning.
Govt getting bullish about prospects for Hambantota International Port
Focuses on its connectivity to Myanmar, East China and Africa
In a recent discussion convened at the Presidential Secretariat, President Ranil Wickremesinghe has articulated his vision for economic development and infrastructure investment, particularly focusing on the master plans for strategic tourism zones in the Eastern Province, the Colombo City and the Western Region and Greater Hambantota, according to the President’s Media Division.
The President has emphasized the economic potential of Hambantota, envisioning it as a pivotal hub for infrastructure development and connectivity. He has highlighted plans to link Hambantota to the Myanmar port, with further extensions anticipated up to Chongqing in eastern China and down to Africa.
President Wickremesinghe has also stressed the importance of leveraging the extensive investments already made in infrastructure in Hambantota, despite previous challenges.
“We have spent a significant amount on infrastructure here, and despite facing crises, it is imperative to capitalize on these investments,” President Wickremesinghe has said.
He has disclosed plans for allocating thousands of acres of land for investment zones, with additional acquisitions sought in the Moneragala area.
Moreover, the President advocated for strategic expansion into new areas, including Avissawella and Eheliyagoda, to alleviate urban congestion and foster new city centres. Plans for a North Colombo port expansion and potential industrial and IT parks were also discussed, aiming to attract investments and spur economic growth.
“We must concentrate our efforts and funds on key infrastructure, particularly in Hambantota and Colombo,” President Wickremesinghe stated.
He expressed confidence in attracting investors for heritage cities like Colombo once land availability is ensured. However, he acknowledged the need for continued investment in Hambantota to propel its development, highlighting it as the next significant hub after Colombo.
The development of Trincomalee as a major investment zone, in collaboration with India, emerged as a priority during the discussion. President Wickremesinghe announced plans for a joint working group to implement development initiatives in Trincomalee, emphasizing the importance of bilateral cooperation in driving economic growth and regional stability.
President Wickremesinghe’s remarks underscored a strategic shift towards targeted infrastructure development, emphasizing the pivotal roles of Hambantota and the Eastern Province in economic growth and positioning it as a key player alongside Colombo in Sri Lanka’s development trajectory, the President’s Media said.
Colombo Fashion Week 2024 to shine spotlight on sustainability
Colombo Fashion Week (CFW) returns from March 6th to 9th 2024, for its 21st edition, marking a significant milestone and promising a future brimming with innovation for the fashion industry of Sri Lanka. This year the platform focuses on multiple locations around Colombo to make the city come alive, as it’s also an apt time for travelers to experience the creativity and cultural richness of Colombo.
Since 2003, CFW has played a pivotal role in reviving, guiding, and building pride in Sri Lanka’s fashion industry. From humble beginnings featuring a handful of designers, it has blossomed into a thriving ecosystem embracing sustainability and empowering young talent. More than 80% of today’s leading Sri Lankan designers are the product of CFW’s development system, a testament to its impact.
Under the leadership of Managing Director Ajai Vir Singh, CFW has championed sustainability, introducing initiatives such as Ethical Fashion Day, the Responsible Fashion Summit, and the innovative tool, Responsible Meter. These efforts have positioned CFW as a leader in ethical fashion globally, attracting renowned designers from Europe, Australia, and South Asia, alongside esteemed Sri Lankan designers, fostering knowledge exchange, and showcasing the burgeoning talent of Sri Lankan designers alongside established industry names.
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