Business and Economics
Anverally & Sons donates tea to Lebanon

Anverally & Sons, one of the largest tea exporters in Sri Lanka, gave physical expression to the phrase ‘tea and sympathy’ when it donated a consignment of tea to the people of Beirut following the explosion that killed more than 220 people in the Lebanese capital.

The consignment was handed over to the Sri Lanka Tea Board (SLTB) in response to a request from the Ministry of Foreign Affairs. Anverally and Sons (Pvt) Ltd, is one of the top ten exporters to Lebanon, a market it has served for more than a decade, dealing with long established partners in that country.

“The Beirut explosion was devastating to the people of Lebanon and deeply shocking to the world. As a company that has had a long relationship with the country, Anverally Teas responded immediately when we learnt that the Foreign Ministry was coordinating Sri Lankan relief assistance,” said Mohamed Anverally, Chairman of Anverally & Sons. “We grieve the loss of life in Beirut and assure the people of Lebanon that our thoughts are with them.” Jayampathy Molligoda, Chairman, Sri Lanka Tea Board said: “We commend Anverally Teas for its unhesitating and speedy response. These are difficult times for all businesses and we admire Anverally Teas for its generosity and commitment.”


Domestic Payment Cards drive Economic, Social Benefits

A groundbreaking research carried out in five major continents across the world by Anthemis Group has found that domestic card schemes and infrastructure are beneficial to the local economy despite the globalization trends. In addition, they also drive significant social benefits. Anthemis Group is a leading digital financial services investment and advisory firm focused on re-inventing financial services for the 21st century.The research found sound reasons why a number of markets will choose to operate domestic payment card schemes as the preferred option for in-country payments. According to the “National Payments Scheme Report” published based on the above research, such domestic payments contributes to more than 95% of the transactions. Routing domestic card transactions via a local switch has the potential to lower the costs, create services more suited to local market needs and minimize significant outflow of foreign exchange.

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APIIT Law school condusts webinar

APIIT Law School in collaboration with the International and Comparative Law Society (ICLS) will host a webinar on ‘Women and Children; the cutting edge of International Law’ on September 12, from 10.00 am onwards via Zoom and FB Live on APIIT and ICLS.

The webinar will be conducted by Dr. Radhika Coomaraswamy, Chairperson of the Sri Lanka Human Rights Commission (2003-2006), Member of the Constitutional Council, Sri Lanka (2015-2018), Former UN Under-Secretary-General and Special Representative of the Secretary-General on Children and Armed Conflict, Former UN Special Rapporteur on Violence against Women and an Independent Expert attached to the UN Human Rights Commission, Geneva.

The session will touch on the fundamental elements of international law and how issues pertaining to women and children have impacted its substance and procedure. There will be an analysis of how these developments have pushed existent boundaries and an identification of the way forward.

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