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TAGS Award for Exterminators
Exterminators PLC won a compliance award under ‘Emerging Listed Entities’ category for its very first published Annual Report at the glamorous TAGS 2022 ceremony which was held for the 57th year at Shangri-La Hotel, Colombo. The Annual Report Awards Competition, which commands a prestigious legacy spanning over 57 years was reconceptualised and rebranded as TAGS Awards. TAGS stands for transparency, accountability, governance and sustainability, and the newly rebranded awards reflect the core values of the over half a century competition to also strengthen and uphold the integrity of the financial, environmental, social and governance reporting, apart from promoting the need to increase the transparency of companies which produce annual reports. Marlon Ferreira, Managing Director, Exterminators PLC said: “We are honoured to win a TAGS award for our first published Annual Report. Since inception we carefully planned our strategic objectives and executed with precision, to set the benchmark in our industry and the SME sector in Sri Lanka and emerging markets. We applied and adhered to practices cascading throughout the organization and cultivated a culture to be more transparent, accountable, sustainable and compliant while being productive and agile in an ever-changing dynamic business landscape.”
The Cabinet of Ministers approved the proposal presented by the Minister of Justice, Prisons Affairs and Constitutional Reforms to establish a new Commercial High Court to ensure expeditious disposal of the existing backlog of commercial matters.
The new Commercial High Court will be established at No.80, Justice Avenue, Colombo 12
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219.72 Hectares of land in Siyambalanduwa to be acquired and leased to Sustainable Energy Authority
The Cabinet of Ministers approved the proposal presented by the Minister of Power and Energy on the recommendation of the Ministry of Tourism and Lands, to acquire 219.72 hectares of land in Siyambalanduwa Divisional Secretariat Division of Monaragala District and lease the relevant extent of land on a long-term lease basis for a period of 25 years to the Sustainable Energy Authority, with relevant provisions to enable sub-leasing to a selected renewable energy developer.
The Cabinet of Ministers approved the proposal presented by the President in his capacity as the Minister of Defense to make arrangements to regulate chemicals that could be misused, and to transfer the said regulatory role to the National Authority for the Implementation of the Chemical Weapons Convention.
Among the large number of different chemicals that are used in the country for peaceful purposes such as industrial, agricultural, medical and research activities it has been observed that among those chemicals, chemicals like Nitric acid, Chlorine, Hydrogen Peroxide, Potassium Cyanide, sodium cyanide, Nitro Methane and Sodium Azide are of dual use nature which can be used in many different industries such as milk, beverages, oil-related industries, water purification etc. can be used for harmful activities that threaten national security.
Cabinet nod for new Commercial High Court
219.72 Hectares of land in Siyambalanduwa to be acquired and leased to Sustainable Energy Authority
Chemicals to be regulated to prevent misuse
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