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USD 441.42 mn funding: Indian team here to inspect projects
Sri Lanka has received USD 441.42 mn from Exim Bank of India to carry out four projects. Of them, two projects have been completed. A three-member team from the Exim Bank of India visited Sri Lanka recently to review the progress of Polgahawela and Aluthgama Integrated water supply projects, being implemented under the Buyer’s Credit facilities under the National Export Insurance Account (BC-NEIA) Programme. The team, which included Shilpa Waghmare, General Manager; Mitali Pendharkar, Assistant General Manager and Ranjan Roy, Chief Manager, paid a courtesy call on the High Commissioner of India, Shri Gopal Baglay on December 9, 2021 and briefed him about the progress of the projects and their visit.
The following is the text of the statement issued by the Indian High Commission in Colombo: “Exim Bank of India has extended Buyer’s Credit of USD 441.42 million, to support 4 (four) projects in Sri Lanka, of which 2 (two) projects have already been completed. For the 2 (two) ongoing Integrated water supply projects at Polgahawela and Aluthgama, a support of USD 91.80 mn and USD 164.90 mn respectively, has been provided to the National Water Supply and Drainage Board, Sri Lanka (NWSDB). The project at Polgahawela is being executed by VA Tech Wabag Ltd and the project at Aluthgama by Ion Exchange (India) Ltd. Both the projects have achieved almost 90% physical progress.
“During the visit, the Exim team visited project sites at Aluthgama and Polgahawela to assess the progress of projects and interacted with the Contractors. The Exim Bank team held meetings with senior officials of Department of External Resources, Ministry of Finance of Sri Lanka and NWSDB in Colombo, to inter alia, review and discuss way forward for early completion of the 2 projects. They also discussed projects which could be taken up under the BC-NEIA Programme in the future.
“The water supply projects in Sri Lanka are community-centric priority projects. A project for supply, erection and commissioning of a water treatment plant and distribution to 9 reservoirs across Dambulla region has already been successfully executed by VA Tech Wabag Ltd under Buyer’s Credit.
“It may be noted that the BC-NEIA is a concessional loan facility extended by India Exim Bank to sovereign governments and their nominated government-owned entities (parastatal agencies) for execution of projects in certain sectors. Presently, 91 countries are in the positive list under the BC-NEIA Programme.”
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
