Try GOLD - Free
Global Disparities between Developing and Developed Nations have grown due to Technology Gaps and concerns of Weapons of Mass Destruction
Business Today Sri Lanka
|Business Today February 2024
President Ranil Wickremesinghe with several heads of state.
-
President Ranil Wickremesinghe commended President Yoweri Museveni for assuming leadership at the 19th Non-Aligned Movement (NAM) Summit in Kampala, Uganda.
"Let me begin by congratulating you, President Yoweri Museveni of Uganda, for taking over the helm of the Non-Aligned Movement at this 19th Summit. Your leadership is even more timely as Uganda assumes this role at a critical moment of collective awareness among countries of the global South. This is the first NAM Summit following the onset of the pandemic, the debt crisis, climate catastrophe, new global competition, and the ensuing multiple implications for the world, particularly, for the Global South.
As we meet today, a humanitarian crisis is unfolding in the Gaza Strip and beyond. For over three months, immense suffering and losses have been endured by the Palestinian civilian population, endangering regional security and stability. Until now, the NAM was largely silent. How can we remain silent when Gaza is destroyed? People were denied humanitarian aid and a vast majority of the dead were innocent civilians. Silence implies consent.
It is encouraging that this 19th Summit has given the highest priority to this crisis in Gaza and the inalienable rights of the people of Palestine to self-determination and the realization of an independent and sovereign state of Palestine. We must congratulate South Africa for its bold stand regarding Gaza. The international community has already called for an immediate humanitarian ceasefire and the release of hostages.
This story is from the Business Today February 2024 edition of Business Today Sri Lanka.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Today Sri Lanka
Business Today Sri Lanka
People's Leasing and Finance relaunches FD e-Certificate for Sinhala and Tamil New Year
As part of its ongoing commitment to digital transformation, Peoples Leasing & Finance took a significant step toward its digitalization strategy by relaunching the Fixed Deposit (FD) e-Certificate.
1 min
May 2026
Business Today Sri Lanka
Bank of Ceylon reinforces National Economic Vision with 2025 Annual Report presentation
In a significant moment reflecting renewed confidence in Sri Lanka's economic recovery and forward-looking national strategy, the Bank of Ceylon (BOC) formally presented its 2025 Annual Report to President Anura Kumara Dissanayake.
1 mins
May 2026
Business Today Sri Lanka
People's Bank donates 300 million rupees to Rebuilding Sri Lanka Fund
People’s Bank has pledged a donation of 300 million rupees to the Government’s Rebuilding Sri Lanka Fund to support a multistory housing project in the Nuwara Eliya District.
1 min
May 2026
Business Today Sri Lanka
LB Finance secures USD 15 million to boost Inclusive Finance
LB Finance has secured a USD 15 million senior debt facility from Switzerland-based Enabling Qapital (EQ), strengthening its funding base and commitment to inclusive finance in Sri Lanka.
1 min
May 2026
Business Today Sri Lanka
People's Bank presents its 2025 Annual Report to CBSL Governor
People's Bank officially presented its 2025 Annual Report to Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka.
1 min
May 2026
Business Today Sri Lanka
Pan Asia Bank partners with Softlogic Life
Pan Asia Bank has entered into a strategic bancassurance partnership with Softlogic Life Insurance to introduce an International Health Insurance solution for its Privilege Banking segment.
1 min
May 2026
Business Today Sri Lanka
OSC students Champion Ocean Conservation in Slingshot Challenge
Three Overseas School of Colombo (OSC) students entered the Slingshot Challenge, a global initiative inspiring youth ages 13-18 to tackle environmental issues.
1 mins
May 2026
Business Today Sri Lanka
A Culture-Driven Growth Story: People's Leasing and Finance on Performance, Governance, and Inclusion
Empowering employees, fostering trust-based leadership, and enforcing strict credit discipline— especially in serving MSMEs and the informal sector—have been key to People's Leasing and Finance's sustained success.
13 mins
May 2026
Business Today Sri Lanka
Pan Asia Bank empowers customers to tackle the Energy Crisis
Pan Asia Bank has taken proactive steps to support customers in navigating Sri Lanka's ongoing energy and fuel challenges by introducing its innovative EV Plus Leasing solution.
1 min
May 2026
Business Today Sri Lanka
Balancing Growth Prudently: Pan Asia Bank's Strategic Vision
In a rapidly evolving financial landscape, Pan Asia Bank has distinguished itself through a strategic blend of disciplined growth, innovation, and a focus on niche markets.
12 mins
May 2026
Translate
Change font size

