News
Maldivian yacht builders establish facility in Hambantota Port
Sea Horse Yachts (Pvt) Ltd. recently entered into an agreement with the Hambantota International Port Group (HIPG) to set up a state-of-the-art yacht building facility at the port. The agreement was signed by Johnson Liu, CEO, HIPG and Ali Hussain Didi, President, Sea Horse Yachts (Pvt) Ltd. at a signing ceremony held this week in the presence of Sports and Youth Affairs Minister and State Minister of Digital Technology and Entrepreneur Development Namal Rajapaksa and High Commissioner of Maldives to Sri Lanka Omar Abdul Razzak, the HIPG stated in a press release issued yesterday (10)
The initial investment for the facility which will be located within the Hambantota International Port is set at approximately USD 58 million (Sri Lankan Rupees 11.5 billion) and production is set to commence by early 2022. The project is expected to generate over 200 direct employment opportunities and an additional 300 indirect employment opportunities.
The newly incorporated Sea Horse Yachts Ltd. (SHY), is a premium luxury yacht builder, located in Hambantota, Sri Lanka. SHY will be managed by a highly experienced team of experts from Sri Lanka, closely supported by British, European and South African innovators and designers. The company is privately owned by boating enthusiasts from the Maldives with extensive knowledge and experience in marine transportation and luxury yachting. They have a long history in boating and life at sea and will engage with international partners to establish the state-of-the-art yacht building factory in Sri Lanka.
Sports and Youth Affairs Minister and State Minister of Digital Technology and Entrepreneur Development Namal Rajapaksa speaking at the ceremony said, “The objective of our government is to promote Sri Lanka as a maritime and aviation hub in South Asia focusing on transshipment and manufacturing. This project is a landmark for the Yacht industry and for Yacht manufacturers as Sri Lanka has a rich history in boat building dating back to the times of our kings. Island nations such as Sri Lanka and the Maldives have always built their economies around trade and our proximity to ancient maritime routes which are still used to this day. We look forward to strengthening these and developing them to cater to the needs of a modern world. Ventures such as this will pave the way for the next generation of youth, providing them with the knowledge and the tools to build an entirely new industry and a new era of boat building! I hope it will serve as a catalyst to spark in our youth the entrepreneurial drive to take Sri Lanka to the next level.”
High Commissioner of Maldives to Sri Lanka Omar Abdul Razzak who was at the ceremony said it was noteworthy to mention that according to history, the first connection between Sri Lanka and Maldives made hundreds of years ago was.
The U.S. Embassy in Colombo welcomed the U.S. Sports Envoys to Sri Lanka, former National Basketball Association (NBA) and Women’s National Basketball Association (WNBA) players Stephen Howard and Astou Ndiaye, from June 8 through 14.
The Public Diplomacy section of the U.S. Embassy said that it would launch a weeklong basketball program intended to harness the unifying power of sports, made possible through collaboration with Foundation of Goodness and IImpact Hoop Lab.
While in Sri Lanka, Howard and Ndiaye, both retired professional basketball players, will conduct a weeklong program, Hoops for Hope: Bridging Borders through Basketball. The Sports Envoys will lead basketball clinics and exhibition matches and engage in leadership sessions in Colombo and Southern Province for youth aged 14-18 from Northern, Uva, Eastern and Western Provinces, offering skills and leadership training both on and off the court. The U.S. Envoys will also share their expertise with the Sri Lanka Basketball Federation, national coaches, and players, furthering the development of basketball in the country. Beyond the clinics, they will collaborate with Sri Lankan schoolchildren to take part in a community service project in the Colombo area.
“We are so proud to welcome Stephen and Astou as our Sports Envoys to Sri Lanka, to build on the strong people-to-people connections between the United States and Sri Lanka,” said U.S. Ambassador Julie Chung. “The lessons that will be shared by our Sports Envoys – communication, teamwork, resilience, inclusion, and conflict resolution – are essential for leadership development, community building, equality, and peace. The U.S. Sports Envoy program is a testament to our belief that sports can be a powerful tool in promoting peace and unity.”
SJB Colombo District MP Mujibur Rahuman in parliament demanded to know from the government the reasons for CEB suspending the leave of all its employees until further notice from Thursday.
MP Rahuman said that the CEB has got an acting General Manager anew and the latter yesterday morning issued a circular suspending leave of all CEB employees with immediate effect until further notice.
“We demand that Minister Kanchana Wijesekera should explain this to the House. This circular was issued while this debate on the new Electricity Amendment Bill was pending. There are many who oppose this Bill. The Minister must tell parliament the reason for the urge to cancel the leave of CEB employees,” the MP said.However, Speaker Mahinda Yapa Abeywardena prevented Minister Wijesekera responding to the query and said that the matter raised by MP Rahuman was not relevant.
The Chartered Institute of Personnel Management (CIPM) successfully concluded the 8th Annual CIPM Symposium, which took place on 31st May 2024. Themed “Nurturing the Human Element—Redefining HRM in a Rapidly Changing World,” the symposium underscored the pivotal role of human resource management (HRM) in today’s dynamic global landscape. Since its inception in 1959, CIPM has been dedicated to advancing the HR profession through education, professional development, and advocacy, solidifying its position as Sri Lanka’s leading professional body for HRM.
Ken Vijayakumar, the President of the CIPM, graced the occasion as the chief guest. The symposium commenced with the welcome address by the Chairperson, Prof. Arosha Adikaram, followed by the Web Launch of the Symposium Proceedings and Abstract Book by the CIPM President. The event featured distinguished addresses, including a speech by Chief Guest Ken Vijayakumar, President of CIPM, and an address by Guest of Honor Shakthi Ranatunga, Chief Operating Officer of MAS Holdings Pvt. Ltd., Sri Lanka.
The symposium also featured an inspiring keynote address by Prof. Mario Fernando, Professor of Management and Director of the Centre for Cross Cultural Management (CCCM) at the University of Wollongong, Australia.
Vote of Thanks of the inauguration session was delivered by Dr. Dillanjani Weeratunga, Symposium Co-chair.
The symposium served as a comprehensive platform for researchers to present their findings across a wide range of critical topics in HRM. These included Cultural Diversity and Inclusion, Talent Development and Retention, Ethical Leadership and Corporate Social Responsibility, Adapting to Technological Advancements, Mental Health and Well-being at Work, Global Workforce Challenges, Employee Empowerment, and Reskilling and Upskilling.
The plenary session was led by Prof. Wasantha Rajapakse. Certificates were awarded to the best paper presenters during the valedictory session, followed by a vote of thanks delivered by Kamani Perera, Manager of Research and Development.
The annual symposium of CIPM was a truly inclusive event, attracting a diverse audience that spanned undergraduates, graduates, working professionals, research scholars and lecturers. This widespread interest highlights the symposium’s significance in the field of HRM, offering a unique opportunity for everyone to network and learn from scholarly brains.The CIPM International Research Symposium was sponsored by Hambantota International Port, Sri Lanka Institute of Information Technology (SLIIT), E B Creasy & Co. PLC, and Print Xcel Company.
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
