Lankapage Logo CP 22 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* President appoints eight task forces to secure investors
Thu, Sep 1, 2022, 08:49 pm SL Time, ColomboPage News Desk, Sri Lanka.

Sept 01, Colombo: On the instructions of President Ranil Wickremesinghe, eight (08) task forces consisting of heads of the public and private sectors was established at the President’s Office today (01) in order to create good investment opportunities and secure investors, President’s Media Division (PMD) said.

These task forces were empowered under the leadership of President’s Secretary Mr. Saman Ekanayake.

These task forces are enforced to cover all the procedures regulations and actions implemented by government agencies that provide services related to business activities based on 8 areas such as starting new businesses, obtaining construction permits, registering a business property, obtaining loans, protecting small-scale investors, cross-border trades, paying taxes, etc.

The heads of these task forces and 74 members representing all the government institutions related to this task participated, and encouraging them, President’s Secretary Mr. Saman Ekanayake said that this is another milestone in the government’s long-term efforts to create a favorable environment for investors.

The President’s Secretary pointed out that it is a matter of regret that activities initiated by previous governments were not implemented when the governments changed and Sri Lanka is suffering today from the consequences of not implementing such timely and necessary institutional reforms.

Central Bank Governor Dr. Nandalal Weerasinghe, World Bank Sri Lanka Manager Miss Chiyo Kanda, Secretary of the Ministry of Monetary, Economic Stabilization and National Policy K.M.M. Siriwardena, Sri Lanka Board of Investment Director General Renuka M. Weerakoon, Senior Presidential Adviser on Legal Affairs Bimba Thilakaratne, Senior Economic Adviser to the President Dr. RHS Samaratunga, Presidential Adviser on Economic Reforms Dr. Sarath Rajapathirana and Vice President of the Ceylon Chamber of Commerce Duminda Hulangamuwa were also present on this occasion.

 

ColomboPage - Recent 10 Stories ::
Date fixed for hearing of petition filed against price control of eggs
-- [5 hours ago]
Sathosa reduces prices of several essential items
-- [6 hours ago]
World Bank assures continuous support to Sri Lanka
-- [6 hours ago]
Measures underway to make Batticaloa one of the best tourist destinations in 2023
-- [7 hours ago]
President discusses future activities of Sir John Kotelawala Defense University Hospital
-- [7 hours ago]
Sri Lanka’s Colombo-based inflation decreases to 61.0 percent in November 2022
-- [8 hours ago]
PMD rejects reports that President is planning to establish District Development Committees
-- [8 hours ago]
Committee on Public Finance considers the Inland Revenue (Amendment) Bill
-- [8 hours ago]
Speaker endorses the certificate on the Appropriation (Amendment) Bill
-- [8 hours ago]
Cabinet approves hike in electricity tariffs next year to cover losses incurred by CEB
-- [9 hours ago]

Copyright © 2000, 2020 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.