Connect with us

Business

Port City Colombo showcased at Roadshow Event in Thailand with support from Joint Chambers of Commerce in Thailand

Published

on

The Investment Relations Office to promote the Colombo Port City Special Economic Zone (CPCSEZ) in Bangkok, Thailand, led by Dr Sarayut Lekplipol, the Regional Head of Investment Promotion (Asia-Pacific) for CHEC Port City Colombo (pvt) Ltd, recently hosted the Joint Foreign Chambers of Commerce Presidents Council Meeting, which includes 36 countries, in partnership with the Thai-Sri Lanka Chamber of Commerce. The event was held at Conrad Bangkok on the 25th of January 2023, and served as an excellent multilateral platform to showcase investment opportunities at Port City Colombo (PCC).

The Investment Relations Office promoting the CPCSEZ in Bangkok is presently working with BOI Thailand, the Thailand Board of Trade, and the Joint Foreign Chambers of Commerce in Thailand. Together, this group is creating awareness about PCC and inviting both Thai and foreign investors to consider investing in vertical developments and other ventures within PCC, along with positioning the SEZ as an ideal destination for regional offices and or headquarters, allowing businesses to leverage PCC’s position as a gateway to the South Asian region. There is also an effort to connect Thailand’s Eastern Economic Corridor, which is also an SEZ, to PCC, with the intention of creating stronger trade and logistics routes and ties between South and Southeast Asia.

Commenting on the initiative, Dr Lekplipol said, “It was a great moment and opportunity for us to showcase the incredible opportunities at PCC with trade and investment representatives from over 36 countries, while also being able to spread awareness amongst the Thai business and investment community. Sri Lanka and Thailand share strong historic ties, and PCC is a great opportunity for both countries to mutually benefit, strengthen relationships and promote further cooperation.”

At the recent event in Bangkok, the regional investment relations office unveiled its plans to organize an Investment Forum in Bangkok, to launch “INVEST SRI LANKA 2023-2024” in late June to promote PCC. This will be a special awareness and marketing campaign to draw investor attention to PCC, and will be targeted at listed companies in Thailand, private investors, REIT funds and selected foreign investors based in Thailand.

Port City Colombo is a world-class city development built as an international service-oriented Special Economic Zone (SEZ), financial district and business hub, strategically located in the heart of South Asia – Sri Lanka. With an expected overall investment of US$20Bn on completion, the project spans 269 ha of ocean reclamation, extending the current Colombo Business District (CBD).

Developed in collaboration with the Government of Sri Lanka and CHEC Port City Colombo (Pvt) Ltd under a Public-Private-Partnership framework, Port City Colombo’s Regulations consist of a modern legal framework and attractive regulations that ensure ease of doing business. The framework is internationally recognized and independently regulated by the Colombo Port City Economic Commission.

Port City Colombo will be transformed into a modern, green, smart city enabling the exceptional in business, lifestyle and community. The City is estimated to have 6.3Mn m2 of built-up space and an estimated population of 273,000. The project is open to primary investment by property developers and secondary investment from key service-oriented business sectors such as financial services, shipping & logistics, IT services, BPOs, regional trading HQs and hospitality.



Business

ComBank hands over fully refurbished wards at De Soysa Hospital for Women

Published

on

Pictured here are the representatives of the Bank and senior officials of the hospital at the ceremonial handing over of the refurbished ward.

The Commercial Bank of Ceylon recently handed over Wards No. 03 and 04 of the De Soysa Hospital for Women, after the completion of a comprehensive renovation project launched in March this year to mark International Women’s Day.

Wards 03 and 04 handle a substantial share of the hospital’s patient load, and account for approximately 2,500 to 3,000 deliveries and 4,000 to 5,000 admissions annually. Their refurbishment was designed to significantly enhance patient care, safety and comfort, and directly benefit thousands of mothers and newborns.

Five Trustees of the Commercial Bank’s Corporate Social Responsibility Trust participated in the formal handing over of the refurbished wards to the hospital authorities. They were Sharhan Muhseen, the Bank’s Chairman, Raja Senanayake, Deputy Chairman, Sanath Manatunge, Managing Director/CEO, Hasrath Munasinghe, Chief Operating Officer, and Prasanna Indrajith, Chief Financial Officer.

Established in 1879, the De Soysa Hospital for Women is the first maternity hospital in Sri Lanka and the second oldest in Asia and is credited with, among others, performing the country’s first caesarean section in 1905 and establishing one of its earliest organised operating theatres in 1907.

The Commercial Bank’s Corporate Social Responsibility Trust, through which this project was implemented, has via its healthcare-related interventions supported more than 100 government hospitals with essential equipment and infrastructure, contributed to emergency medical services through the ‘Adopt an Ambulance’ initiative, and implemented targeted community health interventions such as water storage solutions for families affected by kidney disease.

Continue Reading

Business

IIHS expands global nursing pathways

Published

on

Dr. Renuka Jayatissa and Dr. Kithsiri Edirisinghe speaking to the media

The International Institute of Health Sciences (IIHS) Multiversity is expanding its international education programmes with the aim of creating overseas employment opportunities for Sri Lankan nurses and allied health professionals while contributing to foreign exchange earnings.

Speaking to the media during a conference at IIHS Multiversity in Kerawalapitiya, Dr. Kithsiri Edirisinghe, CEO, Co-Founder and Dean of IIHS aid that the institute has established academic partnerships with overseas universities and higher education institutions, including the University of Surrey in the UK, Deakin University in Australia, Metropolia University of Applied Sciences in Finland, Asia e University in Malaysia and SUNY Canton in the United States.

Under its ‘Study in Sri Lanka, Graduate to the World’ model, students can complete foundational and diploma-level qualifications locally before progressing to international top-up degrees or overseas employment.

Dr Edirisinghe said the model could substantially reduce the cost of obtaining internationally recognised qualifications. It estimates that completing a four-year bachelor’s degree at the University of Surrey in the UK would cost about USD 145,700, including tuition and living expenses, compared with about USD 27,750 through the IIHS pathway in Sri Lanka.

Dr Edirisinghe said the institute’s focus on overseas deployment addressed both Sri Lanka’s economic needs and the growing global demand for healthcare workers.

“Our winning model is producing job-ready, registration-ready healthcare professionals who can seamlessly enter foreign healthcare systems,” he said.

IIHS, which began operations in 2002 as the American College of Health Sciences, established its institutional base in Welisara in 2008 and launched its purpose-built greenfield multiversity campus in 2023.

The institute said it has upgraded the qualifications of more than 5,000 government nurses, supported over 2,500 youth on international employment pathways and trained more than 1,000 allied health professionals. It has also carried out over 250 community health projects.

The institute has identified Germany and Japan among its target markets, with pathways planned for 2,000 nurses for Germany and a one-year preparation programme linked to around 4,000 healthcare positions in Japan.

Dr. Renuka Jayatissa, Vice-Chancellor and a specialist medical doctor, said demographic changes and the growing burden of non-communicable diseases were changing healthcare requirements in Sri Lanka.

Continue Reading

Business

Sampath Bank launches Sri Lanka’s first community-powered book discovery platform at Colombo International Book Fair

Published

on

Sampath GPay customers can enjoy 25% cash back on Book Fair purchases

Sampath Bank PLC has launched Sampath Book Finder, Sri Lanka’s first community-powered book discovery platform, giving visitors to the Colombo International Book Fair a faster and more seamless way to find the books they are looking for across the fair’s 150+ stalls, while also opening up new opportunities to discover titles recommended by fellow readers.

Introduced on the opening day of the Colombo International Book Fair on 25 September, Sampath Book Finder brings together digital innovation and the collective knowledge of readers to address a familiar challenge at one of Sri Lanka’s largest literary gatherings, where the scale of the fair can make locating a particular title a time-consuming exercise. When a book proves difficult to locate, visitors can access bookfairtracker.com or scan the designated QR code and submit a request to the community, allowing readers who have already spotted the title to share its location and help others find it without having to search stall after stall.

Commenting on the initiative, Milinda Weerasinghe, Chief Marketing Officer, Sampath Bank PLC, said, “At Sampath Bank, we believe meaningful innovation begins by identifying everyday challenges and creating solutions that make a real difference. Sampath Book Finder brings this thinking to the Colombo International Book Fair by turning the collective knowledge of readers into a real-time digital solution, empowering them to find what they are looking for, discover something new and help others do the same, while making the overall experience more convenient and connected.”

The platform also turns book discovery into a shared experience, allowing visitors to recommend books they encounter by sharing the title, publisher, hall and stall number, which enables fellow readers to discover sought-after titles and recommendations while making it easier to locate them within the fair.

Sampath Bank’s longstanding association with the Colombo International Book Fair also continues in 2026, marking more than 20 years of partnership, with the Bank serving as the Official Banking Partner for this year’s fair. As part of its presence at the event, SampathCards offer 25% cashback for Sampath GPay customers on their purchases and 3 months 0% instalment plans for book purchases via Sampath credit cards, while visitors can also access banking services through the Bank’s physical presence at the fair. Customers registering to open selected Fixed Deposits at the premises will receive an additional 0.25%, adding further value and convenience for visitors.

Continue Reading

Trending