News

PM calls on Indian companies to invest further in SL

Published

1 year ago

February 7, 2023

editor

Sri Lankan PM – Dinesh Gunawardena has called on the Indian companies to invest further in Sri Lanka.

Outlining the benefits of Indian investments in Sri Lanka while addressing the Tata Tiscon Dealer Convention 2023 in Colombo today (07), Mr. Gunawardena highlighted that 90% of components used by Lanka Ashok Leyland were indigenous.

He also referred to India as the biggest friend of Sri Lanka in the time of crisis in his address.

Speaking at the event, High Commissioner Mr. Gopal Baglay said that both Government of India and Indian corporates are working to build relationships that are beneficial to the people within and beyond India, especially the neighbours, under Prime Minister Narendra Modi’s Neighbourhood First Policy. He added that the driving force behind this spirit of engagement was community-centered business practices and philosophy of Vasudhaiva Kutumbakam (world is one family).

Referring to India and Sri Lanka as ‘civilisational twins’, the High Commissioner noted that both Governments are promoting people to people as well as business to business ties. He added that the presence of numerous Indian business entities for the convention was the biggest vote of confidence not only in the relationship between the two countries but also in Sri Lanka’s potential.

Business and commercial linkages between the two countries are witnessing steady growth. India was the largest investor and also the biggest export destination for Sri Lanka in 2021. India continues to be the largest source of tourists as well. Indian companies in Sri Lanka actively support Sri Lanka’s economic recovery through increased economic activities, value addition of products, services, job creation for Sri Lankan nationals and direct assistance to the people of Sri Lanka through various CSR activities.

News

CID records another statement from Maithri

Published

20 mins ago

May 3, 2024

editor

Former President Maithripala Sirisena has appeared before the Criminal Investigations Department today (May 03) to record another statement regarding the Easter Sunday terror attacks.

The CID had previously obtained a five-hour-long statement from the former President on March 25 over a statement he had made a few days earlier.

News

Water cannons deployed on protesting Med. students

Published

23 mins ago

May 3, 2024

editor

Police had used water cannons in order to disperse the protesting medical students near the Viharamahadevi Park in Colombo earlier today (May 03).

The protest march was organised by the Medical Faculty Students’ Action Committee against the establishment of private medical colleges in the country and the decision to establish a Faculty of Medicine at the National School of Business Management (NSBM).

News

Royal pardon for 44 Sri Lankans in UAE

Published

4 hours ago

May 3, 2024

nipuni

Forty four Sri Lankans who were in different prisons across the United Arab Emirates have been pardoned by a Royal order.

The Ministry of Foreign Affairs of the United Arab Emirates has formally conveyed to the Embassy of Sri Lanka in Abu Dhabi that these Sri Lankan prisoners received pardon by the Royal order on the occasion of the holy month of Ramadan, April 2024.

These forty four Sri Lankans who have received the Royal pardon will be repatriated to Sri Lanka by the Government of the United Arab Emirates in due course. The Embassy of Sri Lanka in Abu Dhabi will collaboratively coordinate with the United Arab Emirates Government authorities and the Ministry of Foreign Affairs of Sri Lanka to ensure their safe repatriation.

Ambassador of Sri Lanka in Abu Dhabi Udaya Indrarathne wishes to extend his deep appreciation to the Government of the United Arab Emirates, and its Ministries of Foreign Affairs and Interior for making arrangements to pardon these Sri Lankans. The Embassy of Sri Lanka appreciates the empathy and generosity shown by the leadership of the UAE in this regard.

(MFASL)