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Sri Lanka president appoints new BOI board; DG to resign: sources

Sri Lanka President Gotabaya Rajapaksa has appointed a new board of directors for the Board of Investment (BOI) early this week, source who are aware of the move said on Wednesday.

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Sri Lanka president refuses to accept mass resignation of BOI officials

Sri Lanka President Gotabaya Rajapaksa has refused to accept the resignation of top Board of Investment officials, informing in writing that he has confidence in them, sources aware of the matter said.

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Sri Lanka's Board of Investment hit by multiple resignations

The Board of Investment of Sri Lanka, the state investment promotion agency had been hit by surprise resignations of several board members and senior officials, sources said.

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State Minister urges more Indian investment

State Minister Tharaka Balasuriya highlighted various sectors and projects in Sri Lanka that could be of interest for Indian investors. They included automobile components, apparel industry/fabric parks, IT sector, pharmaceuticals, and education. He also thanked India for its support in terms of medical supplies related to COVID-19, specially the supply of vaccines under the Vaccine Maitri Programme.The State Minister was participating in a...

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Russian top billionaire Andrey Melnichenko visits Port City Colombo

Prominent Russian business tycoon Andrey Melnichenko visited Port City Colombo today. He was accompanied by Sri Lankan-born British Politician and former EU Parliamentarian Niranjan Deva Aditya.
Melnichenko is a
self-made billionaire with major investments in Switzerland based fertilizer
giant EuroChem Group and Russia based coal energy company SUEK.
He was warmly welcomed
by Port City Colombo Assistant Managing Directors Yue Yeqing and Thulci
Aluwihare together with Director Sales and Marketing Yamuna Jayaratne.
The delegation was
briefed on Port City Colombo project, its construction progress and future
developments by Radhika Ellepola, Country Manager Sales and Investor
Relations.
Melnichenko expressed
positive remarks about the project and he was impressed about the strategic

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