Connect with us

News

Korean Ambassador emphasises importance of fostering investment friendly environment 

Published

on

Korean Ambassador with SLKBC members: Seated From left : Yashodha Fernando (The Ceylon Chamber of Commerce); Shamil Mendis-Vice President SLKBC; Miyon Lee, Ambassador of the Republic of Korea to Sri Lanka; Asitha Martis-President, SLKBC; K. Kunendran (Abans PLC). Standing (L-R): Priyantha Mendis - Immediate Past President, SLKBC; Vidura Palihakkara (Senok Trade Combine (Pvt) Ltd); Rohitha Mendis - Vice President, SLKBC; Jung Sohngyee - Deputy Head of Mission, Embassy of the Republic of Korea; Patali Karunarathne - Treasurer, SLKBC; Byun Sung Chul - President of the Korean Resident Association; Mahesh Pasqual (Isuru Engineering (Pte) Ltd); Gayan Maddumarachchi (MAC Holdings (Pvt) Ltd); Sylvester Jayasundera (Transmarine (Pvt) Ltd).

Ambassador of the Republic of Korea to Sri Lanka, Miyon Lee, emphasised the importance of fostering a cohesive investment-friendly environment to drive regional prosperity and unity. Addressing the 29th Annual General Meeting (AGM) of the Sri Lanka–Korea Business Council (SLKBC) of the Ceylon Chamber of Commerce (CCC), held recently in Colombo, Ambassador Lee commended the Council’s efforts in strengthening ties between the business communities of both nations, the CCC said in a release yesterday.

The Ambassador highlighted Korea’s pivotal role in Sri Lanka’s economic recovery, citing employment opportunities for Sri Lankan workers, remittance contributions, development assistance, and collaborative projects as key avenues of support. She also applauded SLKBC for organising initiatives that deepen business partnerships and foster mutual growth.

At the AGM, Asitha Martis, from Aitken Spence Shipping Ltd., was re-elected as the President of the Council for the 2024/2025 term. In his address, Martis outlined the Council’s significant achievements over the past year.

The AGM also announced the Committee for 2024/2025: President: Asitha Martis – Aitken Spence Shipping Ltd, Vice Presidents: Shamil Mendis – Spear International (Pvt) Ltd., and Rohitha Mendis – Prudential Shipping (Pvt) Ltd, Treasurer: Patali Karunarathne – Centrum Marine Consultancy (Pvt) Ltd, Immediate Past President: Priyantha Mendis, Honorary Members: Prof. Lakshman Watawala and Mahen Kariyawasan, Committee Members: Representatives from Isuru Engineering (Pte) Ltd., MAC Holdings (Pvt) Ltd., Prudential Shipping Lines (Pvt) Ltd., Senok Trade Combine (Pvt) Ltd., Transmarine (Pvt) Ltd., and Abans PLC.



News

Representatives from the Ceylon Chamber of Commerce meet PM

Published

on

By

Representatives from the ’The Ceylon Chamber of Commerce’ met with Prime Minister Dr. Harini Amarasuriya on Wednesday [24th of June] at the Parliament premises.

During the meeting, discussions focused on the Sri Lanka Economic and Investment Summit 2026 (SLEIS 2026), which is scheduled to be held on 12 and 13 October 2026. Attention was also given to digitalization initiatives, the introduction of digital technologies in schools under new education reforms, and the transformative role of Artificial Intelligence (AI) in Sri Lanka’s education sector.

Representatives of the Chamber noted that the summit would serve as an important platform for encouraging both local and foreign investment, while also contributing to the shaping of the country’s future economic policies.

The meeting was attended by Krishan Balendra, Chairman of The Ceylon Chamber of Commerce; Vinod Hirdaramani, Deputy Vice Chairman; Shiran Fernando, Secretary General and Chief Executive Officer; Aliki Perera, Deputy Secretary General and Chief Operating Officer; and Anagi Rodrigo-Weerasekera, Chief Economist and Head of Economic Intelligence, along with several other representatives.

[Prime Minister’s Media Division]

Continue Reading

News

Progress of Housing Project for Malayagam Community families funded by India reviewed

Published

on

By

A discussion to review the progress of the housing project under which 4,700 houses are being constructed for the Malayagam community with Indian assistance was held this afternoon (24) at the Presidential Secretariat under the chairmanship of the Chief of Staff to the President, Prabath Chandrakeerthi.

Under this housing programme, 2,026 houses are to be provided to families identified by the National Building Research Institute (NBRI) as being at disaster risk. The remaining houses are expected to be allocated to eligible workers residing in the plantation sector.

Accordingly, the houses will be provided to Malayagam community families living on estates belonging to 22 Regional Plantation Companies, as well as estates under the State Plantations Corporation, Janawasama and Elkaduwa Plantations.

For the construction of each house, the Government of India has allocated Rs. 2.8 million, while the Government of Sri Lanka has contributed Rs. 400,000.

During the discussion, Chandrakeerthi instructed officials to ensure that the housing project is completed before the end of this year. He further directed that land identified for the construction of houses be released without delay and that the National Building Research Institute provide the necessary reports to identify suitable land for the project.

The housing project is being implemented jointly by the Ministry of Plantation and Community Infrastructure, the National Housing Development Authority, the State Engineering Corporation and the Plantation Human Development Trust.

Among those present were Additional Secretary (Development) of the Ministry of Plantation and Community Infrastructure, K. S. Wijayakeerthi; Director General (Engineering), N. D. N. Pushpakumara; Director General (Planning), W. A. K. S. Damayanthi; the Secretary General of the Planters’ Association; and officials from the National Housing Development Authority, the State Engineering Corporation, relevant institutions and plantation companies.

(PMD)

Continue Reading

Latest News

Former Minister Wijeyadasa Rajapakshe’s son arrested by CIABOC

Published

on

By

It has been reported that Attorney at Law Rakitha Rajapakshe, the son of former Minister of Justice Wijeyadasa Rajapakshe, has been arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) over alleged links with the underworld.

Continue Reading

Trending