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ISMM elects new President

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Sarath Gamage was unanimously elected as the16th President at the AGM of the Institute of Supply and Materials Management (ISMM) held at the Western Province Aesthetic Resort on March 27.

He is the youngest to be elected to head the Institute since its establishment in 1972. He is also a Vice President of the Organization of Professional Associations of Sri Lanka (OPA).

Gamage serves as the General Manager of St. Anthony’s Consolidated (Pvt) Ltd. and St. Anthony’s Hardware (Pvt) Ltd.

The ISMM is the pioneer in supply chain education in Sri Lanka and was incorporated by an Act of Parliament in 1981.

At present, it conducts 16 courses in English and Sinhala in Supply Chain related subjects for the benefit of school leavers as well as those already employed in the relevant fields.

At present, the ISMM membership stands at around 1,200 in all categories. Members qualified in the field of Supply Chain Management work for leading private and public sector organizations in Sri Lanka and overseas.

ISMM is a member of the International Federation of Purchasing and Supply Management, the international body which encompasses all supply chain Institutes worldwide. ISMM is also affiliated to the International Trade Centre in Geneva and is their franchise holder in Sri Lanka for conducting ITC’s International Diploma in Purchasing and Supply Chain Management course.



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Stay on course and don’t go back to the past – Dr Indrajit Coomaraswamy

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Former Governor of the Central Bank delivering the keynote address at a high profile Webinar hosted by the Central Bank of Sri Lanka today (24)  said that Sri Lanka must implement the structural reforms proposed by the International Monetary Fund (IMF) without relaxing like in the past or else we will be in a deeper economic mess.

The webinar was titled ‘What is next for Sri Lanka in the wake of the IMF programme’

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Sustainable economic development goals cannot be achieved unless attention is paid to mitigating climate change – Sagala Ratnayake

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President’s Senior Adviser on National Security and Chief of Presidential Staff  Sagala Ratnayake said sustainable economic development goals cannot be accomplished without taking steps to mitigate climate change.

He said this while participating in the 10,000 sapling planting program organized by the LEO Youth Vision 2048 Club and the LEO Club at the Royal College, Colombo on Thursday (23rd).

This program was organized in view of President Ranil Wickremesinghe’s birthday, which is today (24), and the required plants were distributed to the main schools of the Colombo District.

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SF claims thousands of police and military personnel leaving

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By Saman Indrajith

Thousands of police and military personnel had left the services recently as they did not want to carry out illegal orders, Field Marshal Sarath Fonseka told Parliament yesterday. According to the war-winning army commander 200 policemen have resigned during the past two months and 25,000 soldiers have left the army during the last two years.

“We urged the law enforcement and military officials not to follow illegal orders. We will reinstate them with back pay,” he said.

Fonseka also urged the President and the government MPs not to take people for fools.

“Sri Lanka owes 55 billion dollars to the world. Ranil’s plan is to borrow another seven billion during the next four years. So, in four years we will owe 62 billion to the world.

Ranil and his ministers ask us what the alternative to borrowing is. These are the people who destroyed the economy and society. They must leave. Then, we will find an alternative and develop the country,” he said, adding that the IMF loans had made crises in other nations worse.

“Ranil says that by 2025, we will have a budget surplus as in Japan, Germany and South Korea. These countries are economic power houses, and this comparison is ludicrous.”

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