Education

Two hospitals to be developed for training of students for Moratuwa Medical Faculty

Thursday July 23, 2020 5:33 pm

ECONOMYNEXT- The Homagama Base Hospital and the Nagoda General Hospital are to be developed as National and Teaching hospitals in to order assist in clinical training for the proposed medical faculty at the Moratuwa University.

Co-Cabinet Spokesman Bandula Gunawardena told reporters today that this was a major step towards the development of a new medical faculty as a national or teaching hospital for the clinical training needs of the students is needed to develop another medical school.

The development, agreed to by the Cabinet of Ministers yesterday is the culmination of a proposal made to Parliament in 2018 by former JVP Kalutara District MP Dr Nalinda Jayatissa as a private member.

At the time Jayatissa argued that Sri Lanka has only 50 per cent of the required number of medical doctors and medical faculties.

Currently the State Universities can only accommodate 1,200 to 1,300 medical undergraduates each year, therefore, the need to establish two more medical faculties to increase the number of student intake is paramount.

Jayatissa moved two private member motions to establish medical faculties at the Uva-Wellassa and Moratuwa Universities, with Badulla and Nagoda Hospitals proposed as “Teaching Hospitals.”

“So in order to that, it was decided to take over the Kalutara General Hospital and Homagama Base Hospital and start the development process to convert them as national or teaching hospitals,” Gunawardena said.

The Homagama base hospital is being used as a treatment hospital for COVID-19 patients.

Later the same year the then government included the proposal of establishing a medical faculty at Moratuwa University in their annual budget proposal. (Colombo, July 23, 2020)

Reported by Imesh Ranasinghe

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Economy

Sri Lanka cabinet okays appropriation bill for 2024 budget

Tuesday September 26, 2023 1:22 pm

ECONOMYNEXT – Sri Lanka’s cabinet of ministers had approved a draft Appropriation Act for 2024, the state information office said.

The Finance Minister’s proposal to gazette the bill and table it in parliament was approved by the cabinet.

Presenting the appropriation bill is the first stage of presenting a budget for 2024,

The appropriation bills set outs the expenditure plans for each ministry.

The budget proposals, made in November is called the second reading of the Appropriation Act. (Colombo/Sept24/2023)

Environment

Sri Lanka’s MEPA to get 28.5 mn rupees from Singaporean AEPW, for beach clean up

Tuesday September 26, 2023 12:47 pm

ECONOMYNEXT – Sri Lanka’s Marine Environment Protection Authority (MEPA) is to receive 5.7 million rupees a year, for five years, from Singapore-based marine waste solutions provider, Alliance to End Plastic Waste (AEPW), to maintain 8 beach cleaner machines.

The donation is meant to support MEPA clean coastal areas across Sri Lanka, using BeachTech Hydro Sweepy beach cleaner machines, previously donated by the organisation.

The oil industry-founded non-governmental organisation donated the 8 beach cleaners worth about US$180,000 to MEPA in the wake of the 2021 MV X-press Pearl ship disaster.

The machines manufactured by Kässbohrer Geländefahrzeug AG, a German company, are effective at cleaning up plastic nurdles and other types of potentially harmful non-biodegradable waste, minimising human contact with hazardous materials.

As a significant amount of money is spent for the deployment of these machines for beach cleaning activities, the Alliance to End Plastic Waste has agreed to provide the funds for the upkeep of the machines for a period of five years.

With this financial donation, the Maritime Environment Protection Authority will be able to continue using these machines without interruption to clean identified beaches in the future. (Colombo/Sep26/2023)

Markets

Sri Lanka’s SEC makes four new appointments

Tuesday September 26, 2023 11:38 am

ECONOMYNEXT – The Securities and Exchange Commission of Sri Lanka (SEC) made four new additions from diverse backgrounds to its leadership.

These appointments are expected to increase the effectiveness of the SEC secretariat in the respective operating areas, the SEC said.

Manuri Weerasinghe, with over 20 years of experience in accounting, financial management, financial reporting and auditing, was appointed Director, Corporate Affairs.

She is a Fellow Member of CA Sri Lanka, member of the Chartered Institute of Management Accountants and a member of the Certified Practicing Accountants of Australia.

Her academic credentials include a Master of Business Administration and a BSc (Hons) in Accountancy and Financial Management (Special).

Prior to joining the SEC, she served in several financial management positions in Bermuda and Sweden.

Madura P R Wanigasekara was appointed Chief Digital Officer. He has over 20 years delivering and managing IT solutions, and has held several senior management positions in the public and private sectors.

His academic qualifications include a Master of Science in Information Technology from the University of Colombo and a Bachelor of Information Technology from the Curtin University of Technology.

He is also a member of the Australian Computer Society (ACS).

Sharmila Panditaratne was appointed Assistant Director, Legal and Enforcement.

She is an Attorney-at-Law with over 21 years of experience as a securities market regulator.

She holds a Master of Laws degree from the University of Houston, Texas and has worked at two law firms in the USA prior to joining the SEC.

Riyaz Bary, Deputy Solicitor General at the Attorney General’s Department was appointed a Director on secondment basis. (Colombo/Sep26/2023)