TPS Ceramic to set up US $ 8.4mn tile manufacturing plant Board of Investment Chairman Raja Edirisuriya and Director General Renuka Weerakone formally present BOI agreement to TPS Ceramic Industries Directors Praveen Fernando and Prasham Peiris The Board of Investment (BOI) recently entered into an agreement with TPS Ceramic Industries (Pvt.) Ltd to set up […]
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Twenty BOI firms to invest US$ 165mn to expand existing operations BOI Chairman Engineer Raja Edirisuriya, Director General Renuka Weerakone and MAS Group Chairman Mahesh Amalean signing the relevant investment agreements The investments represent diversified sectors including apparel manufacturing and accessories, healthcare education training, IT, hospitality etc BOI chief says the move shows investor confidence
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FDIs from Europe show gradual uptick Foreign Direct Investment (FDI) from European countries has picked up gradually with their contribution to overall FDIs Sri Lanka received in the past few years showing an uptick as per the data provided by the Board of Investment (BOI). The BOI figures provided on request by The Sunday Morning Business show
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Sri Lanka, EU revive investor dialogue Sri Lanka and the European Union (EU) recently revived the investor dialogue between the two with Finance Minister Basil Rajapaksa and EU Ambassador Denis Chaib as co-chairs. Minister of Youth and Sports, Minister of Development Coordination and Monitoring and State Minister of Digital Technology Namal Rajapaksa, State Minister for
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BOI gets new Director General President Gotabhaya Rajapaksa has appointed Renuka M. Weerakone as Director General (Acting) of the Board of Investment (BOI) of Sri Lanka. The letter of appointment was handed over to the new Director General by Aviation and Export Zone Development State Minister D.V. Chanaka in the presence of BOI Chairman Eng.
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Raja Edirisuriya takes over as BOI Chairman Leading civil engineer and former Ambassador Raja Edirisuriya has been appointed Chairman of the Board of Investment by President Gotabaya Rajapaksa. Edirisuriya is scheduled to take up his appointment on 15 December. He replaces Sanjaya Mohottala, who resigned a fortnight ago.  Currently the Colombo Port City Development Project
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Sea Horse Yachts signs up for $ 58 m investment deal with BOI BOI Chairman Sanjaya Mohottala (fifth from right) and SHY President Ali Hussain Didi at the agreement signing ceremony. Others from left: SHY Corporate Executive Seshan Prematilaka, SHY CEO Mohamed Nasheed, SHY Director Amir Ali, SHY Director Ahmed Zareer, BOI DG Pasan Wanigasekara,
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BOI says 80% of EPZ employees double vaccinated Hopeful of entire workforce being vaccinated within next few weeks Over 70% of workers outside EPZs have received second dose The Board of Investment (BOI) yesterday said that it had successfully administered the second dose of vaccinations against COVID-19 to nearly 80% of employees of all 14
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SLHC in Singapore hosts webinar on ‘Sri Lanka as a Potential Alternative Manufacturing Hub’ A webinar on ‘Sri Lanka as a Potential Alternative Manufacturing Hub’ was organised by the Commercial Section of the Sri Lanka High Commission in Singapore together with the Singapore Manufacturing Federation and the Singapore-Sri Lanka Business Association with the support of
Upgrading general waste water refinery within Seethawaka EPZ The Cabinet of Ministers has previously granted approval for upgrading the refinery capacity of the general waste water refinery situated within the Seethawaka Export Processing Zone(EPZ) which is implemented under Sri Lanka Board of Investments from 9500 cubic metres to 15000 cubic metres per day. Therefore, bids
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