Srilanka

While the management of the Hambantota Port will not be re-negotiated as it is a commercial contract, the Government will retain control of all security aspects of the port, President Gotabaya Rajapaksa told Colombo-based foreign correspondents yesterday.The President also said that the resolution of the UN Human Rights Council pertaining to Sri Lanka would ¬ be entertained in its current standing&, a communique from the PresidentMedia Office said.

President Gotabaya Rajapaksa met with the Foreign correspondents at the Presidential Secretariat on 19.12.2019. He opened the forum by welcoming the journalists and inviting them to asks the questions they wish. The journalists in turn had a myriad of questions ranging from current economic progress to the Swiss saga, renegotiation of the Hambanthota Port, stance on the Geneva Resolution 30/1 and TNAexpectations of a political solution.

The formation of a &Multi-purpose Development Task Force& aimed at eradicating poverty to be launched on 15th January ‘20. Key goal will be to provide jobs for low-income families within the area of residence - a min salary of Rs. 35k p/m

Former Chairman of John Keells Holdings PLC, Susantha Ratnayake, has been appointed as the new Chairman of the Board of Investment of Sri Lanka (BOI).Ratnayake has over 30 years of management experience and had served as the Chairman and CEO of John Keells Holdings PLC from January 2006 to December 2018. He had served on the JKH board since 1992/93.He also served on various clusters of the National Council of Economic Development (NCED).