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CSE-Raja Rata University link to improve undergrad financial literacy
“The present-day challenges can only be solved through strategic alliances.” – VC RUSL.
“It is crucial to promote financial literacy among Sri Lankans, especially among undergraduates, who are a key segment of the population equipped to contribute to an economically stable future.” – CSE CEO
The Colombo Stock Exchange (CSE) and the University of Rajarata, Sri Lanka (RUSL) last week jointly announced the signing of a Memorandum of Understanding (MoU) to formalize their collaborative efforts. The MoU calls for cooperation in improving the financial literacy among undergraduates of the state universities in Sri Lanka.
A CSE news release explained the collaboration wishes 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 with the CSE for students who are engaged in accountancy and finance, business management, and economics related degree programmes.
Further, 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.
RUSL will also collaborate with the ongoing educational initiatives of the CSE, Advanced Diploma in Financial Markets (ADFM) as well as in future educational activities, by providing the required expertise and resource persons to the seminars and workshops organized by the CSE to investors around the country in promoting the capital market investments, the release said.
Commenting on the partnership, the CEO of the CSE, Rajeeva Bandaranaike, stated, ” It is crucial to promote financial literacy among Sri Lankans, especially among undergraduates, who are a key segment of the population equipped to contribute to an economically stable future. Fronted on this objective, we are glad to partner with RUSL in a productive line of initiatives to promote a financially literate undergraduate population for the sustainable growth of the economy in Sri Lanka.”
The Vice Chancellor of the University of Rajarata, sharing her views on the partnership, said, “The present-day challenges can only be solved through strategic alliances. The MoU signed between the Rajarata University of Sri Lanka and the Colombo Stock Exchange can be identified as a strategic alliance that promotes collaborative research projects, capacity development of undergraduates, and promotes stock market education within the University community”.
“Entrepreneurs can also be created by broadening their horizons and we are confident that CSE will provide many learning and training opportunities for Rajarata University undergraduates.”
The U.S. Embassy in Colombo welcomed the U.S. Sports Envoys to Sri Lanka, former National Basketball Association (NBA) and Women’s National Basketball Association (WNBA) players Stephen Howard and Astou Ndiaye, from June 8 through 14.
The Public Diplomacy section of the U.S. Embassy said that it would launch a weeklong basketball program intended to harness the unifying power of sports, made possible through collaboration with Foundation of Goodness and IImpact Hoop Lab.
While in Sri Lanka, Howard and Ndiaye, both retired professional basketball players, will conduct a weeklong program, Hoops for Hope: Bridging Borders through Basketball. The Sports Envoys will lead basketball clinics and exhibition matches and engage in leadership sessions in Colombo and Southern Province for youth aged 14-18 from Northern, Uva, Eastern and Western Provinces, offering skills and leadership training both on and off the court. The U.S. Envoys will also share their expertise with the Sri Lanka Basketball Federation, national coaches, and players, furthering the development of basketball in the country. Beyond the clinics, they will collaborate with Sri Lankan schoolchildren to take part in a community service project in the Colombo area.
“We are so proud to welcome Stephen and Astou as our Sports Envoys to Sri Lanka, to build on the strong people-to-people connections between the United States and Sri Lanka,” said U.S. Ambassador Julie Chung. “The lessons that will be shared by our Sports Envoys – communication, teamwork, resilience, inclusion, and conflict resolution – are essential for leadership development, community building, equality, and peace. The U.S. Sports Envoy program is a testament to our belief that sports can be a powerful tool in promoting peace and unity.”
SJB Colombo District MP Mujibur Rahuman in parliament demanded to know from the government the reasons for CEB suspending the leave of all its employees until further notice from Thursday.
MP Rahuman said that the CEB has got an acting General Manager anew and the latter yesterday morning issued a circular suspending leave of all CEB employees with immediate effect until further notice.
“We demand that Minister Kanchana Wijesekera should explain this to the House. This circular was issued while this debate on the new Electricity Amendment Bill was pending. There are many who oppose this Bill. The Minister must tell parliament the reason for the urge to cancel the leave of CEB employees,” the MP said.However, Speaker Mahinda Yapa Abeywardena prevented Minister Wijesekera responding to the query and said that the matter raised by MP Rahuman was not relevant.
The Chartered Institute of Personnel Management (CIPM) successfully concluded the 8th Annual CIPM Symposium, which took place on 31st May 2024. Themed “Nurturing the Human Element—Redefining HRM in a Rapidly Changing World,” the symposium underscored the pivotal role of human resource management (HRM) in today’s dynamic global landscape. Since its inception in 1959, CIPM has been dedicated to advancing the HR profession through education, professional development, and advocacy, solidifying its position as Sri Lanka’s leading professional body for HRM.
Ken Vijayakumar, the President of the CIPM, graced the occasion as the chief guest. The symposium commenced with the welcome address by the Chairperson, Prof. Arosha Adikaram, followed by the Web Launch of the Symposium Proceedings and Abstract Book by the CIPM President. The event featured distinguished addresses, including a speech by Chief Guest Ken Vijayakumar, President of CIPM, and an address by Guest of Honor Shakthi Ranatunga, Chief Operating Officer of MAS Holdings Pvt. Ltd., Sri Lanka.
The symposium also featured an inspiring keynote address by Prof. Mario Fernando, Professor of Management and Director of the Centre for Cross Cultural Management (CCCM) at the University of Wollongong, Australia.
Vote of Thanks of the inauguration session was delivered by Dr. Dillanjani Weeratunga, Symposium Co-chair.
The symposium served as a comprehensive platform for researchers to present their findings across a wide range of critical topics in HRM. These included Cultural Diversity and Inclusion, Talent Development and Retention, Ethical Leadership and Corporate Social Responsibility, Adapting to Technological Advancements, Mental Health and Well-being at Work, Global Workforce Challenges, Employee Empowerment, and Reskilling and Upskilling.
The plenary session was led by Prof. Wasantha Rajapakse. Certificates were awarded to the best paper presenters during the valedictory session, followed by a vote of thanks delivered by Kamani Perera, Manager of Research and Development.
The annual symposium of CIPM was a truly inclusive event, attracting a diverse audience that spanned undergraduates, graduates, working professionals, research scholars and lecturers. This widespread interest highlights the symposium’s significance in the field of HRM, offering a unique opportunity for everyone to network and learn from scholarly brains.The CIPM International Research Symposium was sponsored by Hambantota International Port, Sri Lanka Institute of Information Technology (SLIIT), E B Creasy & Co. PLC, and Print Xcel Company.
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
