Sashikala Premawardhane Archives

SLHC in Singapore hosts webinar on ‘Sri Lanka as a Potential Alternative Manufacturing Hub’ Source:Ft 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 the Sri Lanka Export Development Board and the Board of Investment to create awareness on Sri Lanka as a potential manufacturing hub and as a potential investment destination for export-oriented manufacturing. Over 120 participants attended the event from Singapore. State Minister of Regional Cooperation Tharaka Balasuriya delivering the keynote address highlighted the initiatives undertaken by the Government under the national policy framework ‘Vistas of Prosperity and Splendour’ and explained how these policies and initiatives were being implemented with a specific focus on creating a conducive environment to attract investments into the country particularly in ...

Competence of embassies key to promoting tourism, exports and investments Source:FT In an increasingly interconnected global economy, economic diplomacy has an integral role to play in foreign policy. Countries that have recognised this and adapted their foreign policy have reaped the benefits of strengthened economic and trade relations, promotion of the interests of their economy and companies, and enhanced international profile. However, this needs to be underpinned by all of the country’s Foreign Service resources, in coordination with its public administration in order to increase tourism exports, and investments. Sri Lanka, with over 55 missions in non-Commonwealth and Commonwealth countries, 13 consulates and three permanent missions at the United Nations must maximise the impact of its economic diplomacy efforts. ...