News

President attends investment, trade & tourism forum in China

Published

2 years ago

October 17, 2023

editor

During the official four-day visit to China, President Ranil Wickremesinghe attended a prominent investment, trade and tourism forum with a strong focus on fostering future business opportunities. President Wickremesinghe extended a warm invitation to Chinese entrepreneurs, encouraging them to view Sri Lanka as a strategic hub for emerging green and digital economic ventures, highlighting the nation’s significant advancements in this domain.

This forum, hosted at the Sri Lanka Embassy in Beijing yesterday (16), was graced by the presence of representatives from a multitude of Chinese companies, some of which have already invested in Sri Lanka, while others are exploring investment prospects. Distinguished Sri Lankan business leaders were also present, eager to explore collaborative opportunities.

Addressing the Chinese business community, President Wickremesinghe underscored Sri Lanka’s unique geographic advantage, positioning it as a gateway to Western markets within the broader Asian region. The President expressed the country’s strong desire to engage amicably with global economic powerhouses and reaffirmed his commitment to rebuilding Sri Lanka’s economy.

Notable government officials, including Minister of Foreign Affairs Ali Sabry, Minister of Transport and Mass Media Bandula Gunawardena, Senior Advisor to the President on National Security and Chief of Staff Sagala Ratnayaka, Governor of the Central Bank Dr.Nandalal Weerasinghe and Chairman of the Board of Investment Dinesh Weerakkodi, were also in attendance, addressing inquiries from the Chinese business community.

(President’s Media Division)

News

Batalanda commission report handed over to the AG

Published

5 hours ago

April 29, 2025

editor

The “Report of the Commission of Inquiry into the Establishment and Maintenance of Places of Unlawful Detention and Torture Chambers at the Batalanda Housing Scheme” which was recently tabled in Parliament, has been handed over to the Attorney General by the Presidential Secretariat following a directive from President Anura Kumara Disanayake.

The report, originally compiled over 25 years ago, was tabled in Parliament recently. The Government has taken a decision to take necessary action and as a result, actions have been initiated to hand over the report to the Attorney General’s Department today (29).

(President’s Media Division)

News

Ex-SLTB Vice Chairman granted bail

Published

5 hours ago

April 29, 2025

editor

The former Vice Chairman of the Sri Lanka Transport Board (SLTB), L.A. Wimalaratne, who was arrested by the Criminal Investigation Department (CID) earlier today (April 29), has been released on bail.

He was arrested in connection with an investigation into a house in Kataragama, allegedly linked to the family of former President Mahinda Rajapaksa.

News

Franchise agreements of Colombo Strikers & Jaffna Kings terminated

Published

5 hours ago

April 29, 2025

editor

Sri Lanka Cricket (SLC) in collaboration with the event rights holder of the Lanka Premier League (LPL) – the IPG Group, has officially announced that the franchise partnerships of the ‘Colombo Strikers’ and ‘Jaffna Kings’ have been terminated.

According to a statement issued today (April 28), the terminations were made due to the respective franchises’ failure to fulfill contractual obligations outlined in their agreements with the IPG Group, which were established at the commencement of their participation in the league.

Accordingly, the forthcoming edition of the Lanka Premier League will feature franchises representing Colombo and Jaffna under new ownership, the statement notes.

As the event rights holder, the IPG Group retains the exclusive rights over the LPL franchise teams and, accordingly, is vested with the authority to transfer and/or assign the ownership rights of the said franchises to interested parties.

Sri Lanka Cricket and The IPG Group remain committed to upholding the integrity, standards, and success of the Lanka Premier League and look forward to an exciting upcoming season with renewed participation.