Connect with us

Business

EU GSP+ monitors to send regular reports to European Parliament on Sri Lanka

Published

on

The monitoring and engagement with the government of Sri Lanka will be the subject of regular reports to the European Parliament and the Council of Ministers, EU Ambassador Denis Chaibi says.

He made this comment issuing a press release yesterday as the EU GSP+ Monitoring Team concluded its visit to Sri Lanka.

The team of senior European Union (EU) officials began their official visit to Sri Lanka on 27th September 2021 to review Sri Lanka’s progress in implementing the 27 international conventions applicable under the Generalised System of Preferences Plus (GSP+).

These conventions, ratified by Sri Lanka, cover human and labour rights, environment and climate, as well as good governance principles.

Over the course of ten days, the officials held wide-ranging meetings with representatives of the government, including President Gotabaya Rajapaksa, Foreign Minister Prof. G.L. Peiris, Justice Minister Ali Sabry, and Finance Minister Basil Rajapaksa.

The officials also met with the Opposition, civil society including human rights defenders, trade unions and employers. They had exchanges with EU Member States Ambassadors and UN agencies.

According to the press release, the monitoring mission addressed issues impacting human rights and the rule of law, economic, social, and cultural rights, and labour relations. They had also discussed the Prevention of Terrorism Act (PTA), recalling that the amendment of the PTA was a key commitment in readmitting Sri Lanka to the GSP+ scheme in 2017.

“There was a significant focus on non-discrimination, the respect for the rights of all communities in Sri Lanka, the ongoing use of the PTA, impediments to the exercise of fundamental freedoms, and the development of draft legislation on non-governmental organisations. The meetings also reviewed drugs policy, environment and climate change, as well as corruption. The utilisation and future development of the GSP+ scheme was the topic of a webinar organised by the European Chamber of Commerce in Sri Lanka, with the participation of EU representatives,” the press release further said.

EU Ambassador Denis Chaibi said, “The effective implementation of international commitments forms the basis of Sri Lanka’s privileged access to the EU market. We have been working together with the Sri Lankan government since 2015 to advance the issues of concern and welcome the continued engagement. The monitoring and engagement with the government of Sri Lanka will be the subject of regular reports to the European Parliament and the Council of Ministers.”

The EU’s GSP+ scheme is a unilateral trade tool that removes import duties from products coming into the EU from lower middle-income countries, supporting sustainable development.



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

BOC secures ‘SLIM Kantar People’s Banking Services Brand of the Year 2025’

Published

on

BOC officials receiving the award at the SLIM Kantar People's Awards 2025

Reinforcing its position as a leader in Sri Lanka’s banking sector, Bank of Ceylon (BOC) has been once again named the ‘SLIM Kantar People’s Banking Services Brand of the Year’ at the SLIM Kantar People’s Awards 2025. This recognition, based on consumer preferences, highlights the bank’s role in Sri Lanka’s financial sector and its strong relationship with customers.

The SLIM Kantar People’s Awards, one of the most anticipated corporate events in Sri Lanka, is an accolade that directly reflects the voice of the people. Organised by the Sri Lanka Institute of Marketing (SLIM) and backed by an independent survey conducted by Kantar, the awards recognise brands and personalities that have established strong connections with Sri Lankan consumers. BOC’s repeated success in securing this award shows its continued trust and significance in the lives of millions.

As a financial institution that has played a key role in the country’s economic stability and growth , BOC continues to focus on digital banking, good governance, financial inclusion, and sustainability. Its efforts to improve financial literacy, promote savings and entrepreneurship, and support the SME sector have strengthened its position as a trusted financial partner.

Commenting on the achievement, the Chief Marketing Officer of Bank of Ceylon Sameera D Liyanage stated, “Winning the ˜People’s Banking Services Brand of the Year at the SLIM Kantar People’s Awards once again is a testament to the unwavering trust our customers place in Bank of Ceylon. This recognition reinforces our commitment to delivering innovative, accessible, and customer-centric banking solutions that empower individuals, businesses, and communities across Sri Lanka. As we continue this journey of excellence, we remain dedicated to shaping the future of banking with trust, resilience, and service at our core”

The bank attributes this latest recognition to the support of its customers and stakeholders. Expressing gratitude, BOC reaffirmed its vow to deliver banking solutions while maintaining a customer-focused approach. As it continues to adapt to technological advancements and market changes, BOC is focused on economic stability and financial well-being for all Sri Lankans.

For over 85 years, Bank of Ceylon has been a cornerstone of Sri Lanka’s financial landscape, connecting individuals and businesses to global opportunities. BOC’s extensive network with over 2,300 touch points spread across the nation, ensures that bank’s customers have convenient access to a wide range of financial services. Moreover BOC was ranked as the only Sri Lankan Bank among the Top 1000 World Banks 2024 and the Banker of the Year 2021,2023 and 2024 by The Banker Magazine UK, The Number 1 Banking Brand in Sri Lanka by Brand Finance Lanka. Internationally, Bank of Ceylon has established a strong presence in key locations such as a Subsidiary in London, UK; branches in Male and Hulhumalé in the Maldives; Chennai, India; and the Seychelles.(BOC)

Continue Reading

Business

Sysco LABS concludes first edition of ‘Mentor Mash’ mentorship program

Published

on

Mentees Menusha Prithiviraj and Senuri Hettiarachchi sharing their experiences, highlighting the benefits of structured mentorship and knowledge sharing.

Sysco LABS recently concluded the first edition of ‘Mentor Mash’, an internal mentorship initiative designed to foster learning and professional development among colleagues. Over the course of six months, 26 mentor-mentee pairs engaged in structured mentorship, focusing on knowledge-sharing, career guidance and professional growth.

Speaking on the initiative, Rehan Anthonis, Senior Director – People Operations said: “At Sysco LABS, we recognize that the foundation of a strong workforce lies in continuous learning and development. The ‘Mentor Mash’ program was designed to provide colleagues with structured opportunities to gain insights, refine their skills and receive guidance from experienced professionals within the company. By fostering an environment where knowledge-sharing is prioritized, we are equipping our teams to drive innovation and excel as technology leaders.”

Sysco LABS remains committed to creating opportunities for internal learning, mentorship, and professional development, ensuring that colleagues are well-equipped to contribute meaningfully to company growth.

Continue Reading

Business

Aitken Spence Institute of Hotel Management strengthens hospitality workforce with latest graduates

Published

on

The graduates with the Aitken Spence Hotels management team

Aitken Spence Institute of Hotel Management, a key initiative of Aitken Spence Hotels’ Learning and Development arm, held its latest graduation ceremony at Heritance Ahungalla, marking another milestone in its mission to develop skilled professionals for the hospitality industry. Established in 2007 as part of the company’s strategic Corporate Social Responsibility (CSR) initiative, the institute operates with the support of the TUI Care Foundation, ensuring students receive world-class training and career opportunities.

With Hotel Schools in Ahungalla and Dambulla, the institute offers training in Food & Beverage, Housekeeping, and Professional Cookery through a five-month program that integrates classroom learning with practical industry experience. Since its inception, over 800 students have graduated, many securing employment within Aitken Spence Hotels or furthering their studies.

The 2025 graduating class comprised 90 students, with those from Ahungalla specialising in Food & Beverage and Housekeeping, while Kandalama graduates focused on Food & Beverage and Professional Cookery. The event was attended by graduates, their families, and senior representatives from Aitken Spence Hotels, including Susith Jayawickrama, Joint Managing Director of Aitken Spence Hotel Managements (Pvt) Ltd, Suresh Muttiah, Group Chief Human Resources Officer, and Maheesha Ratnayaka, COO of the Sri Lanka Hotel Sector.

Speaking at the event, Susith Jayawickrama emphasised the programme’s role in shaping the industry’s future workforce. “By equipping young professionals with the necessary skills and real-world exposure, we are not only enhancing their career prospects but also strengthening Sri Lanka’s hospitality sector,” he stated.

A notable highlight of the ceremony was the presence of Ms. Dagmar Wöhrl, Member of the Board of Trustees at the TUI Care Foundation, an organisation that has played a pivotal role in supporting the initiative. With assistance from the TUI Academy in collaboration with the Sustainable Hospitality Alliance, students receive comprehensive support, including accommodation, meals, uniforms, and a stipend during their training. The TUI Care Foundation is an independent charitable organization founded by TUI, one of the world’s leading tourism businesses and is dedicated to harnessing the positive impact of tourism to protect the natural environment and empower communities in travel destinations

More than 75% of graduates are expected to transition into roles within Aitken Spence Hotels, reinforcing the institute’s commitment to bridging the skills gap in the hospitality industry. This year’s ceremony once again highlighted the institute’s dedication to providing structured career pathways for aspiring hospitality professionals in Sri Lanka.

Continue Reading

Trending