Board Of Investment Of Sri Lanka
The Board of Investment of Sri Lanka (BoI) ( Sinhala: ශ්රී ලංකා ආයෝජන මණ්ඩලය ''Shri Lanka Ayojana Mandalaya'') is the investment promotion agency of Sri Lanka Sri Lanka (, ; si, ශ්රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an .... It was established in 1992, expanding the scope of the Greater Colombo Economic Commission (GCEC) which was formed in 1978. References External links * {{authority control Investment promotion agencies Government agencies of Sri Lanka Economy of Sri Lanka Government agencies established in 1992 1992 establishments in Sri Lanka ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government Of Sri Lanka
The Government of Sri Lanka (GoSL) ( si, ශ්රී ලංකා රජය, Śrī Lankā Rajaya; ta, இலங்கை அரசாங்கம்) is a parliamentary system determined by the Sri Lankan Constitution. It administers the island from both its commercial capital of Colombo and the administrative capital of Sri Jayawardenepura Kotte. Constitution The Constitution of Sri Lanka has been the constitution of the island nation of Sri Lanka since its original promulgation by the National State Assembly on 7 September 1978. It is Sri Lanka's second republican constitution and its third constitution since the country's independence (as Ceylon) in 1948. As of October 2020, it has been formally amended 21 times. Executive branch The President, directly elected for a five-year term, is head of state, chief executive, and commander-in-chief of the armed forces. The election occurs under the Sri Lankan form of the contingent vote. Responsible to Parliament for the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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World Trade Center (Colombo)
The World Trade Center (also known as WTC Colombo or WTCC) ( si, ලෝක වෙළෙඳ මධ්යස්ථානය, translit=Lōka Veḷen̆da Madhyasthānaya; ta, உலக வர்த்தக மையம், translit=Ulaka Varttaka Maiyam) is a twin building in Colombo, Sri Lanka. The 39-storey towers are built over a 4-storey retail podium, and thus each tower has a total floor count of 43. WTCC is owned and managed by Overseas Realty Ceylon PLC (ORCPLC). History The WTCC was the vision of Singaporean, Shing Pee Tao, the founder of Shing Kwan Group, a commodities, shipping and real estate company. Tao acquired ORCPLC, a listed company on the Colombo Stock Exchange, which owned the undeveloped site at Echelon Square, Colombo. Formal planning approval was granted in January 1992 and groundbreaking took place in September. The building was constructed using pre-fabricated pre-cast concrete panels for the outer walls, columns and beam structures. The panels were ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Fort (Colombo)
Fort (Colombo) (; ) is the central business district of Colombo in Sri Lanka. It is the financial district of Colombo and the location of the Colombo Stock Exchange (CSE) and the World Trade Center (Colombo), World Trade Centre of Colombo from which the CSE operates. It is also the location of the Bank of Ceylon headquarters. Along the foreshore of the Fort area is the Galle Face Green, Galle Face Green Promenade, built in 1859 under the governance of Henry George Ward, Sir Henry George Ward, the Governor of Ceylon (Sri Lanka) during British Empire, British colonial era. Fort is also home to the General Post Office, Colombo, General Post Office, hotels, government departments and offices. History Known as ''Kolonthota'', the area became notable as the site of the first landings of the Portugal, Portuguese in the early 16th century and became one of their trading posts in the island. The Portuguese developed their trading post into a fortified base and harbour to extend their cont ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sinhala Language
Sinhala ( ; , ''siṁhala'', ), sometimes called Sinhalese (), is an Indo-Aryan languages, Indo-Aryan language primarily spoken by the Sinhalese people of Sri Lanka, who make up the largest ethnic group on the island, numbering about 16 million. Sinhala is also spoken as the first language by other ethnic groups in Sri Lanka, totalling about 2 million people as of 2001. It is written using the Sinhala script, which is a Brahmic scripts, Brahmic script closely related to the Grantha script of South India. Sinhala is one of the official and national languages of Sri Lanka. Along with Pali, it played a major role in the development of Theravada, Theravada Buddhist literature. The early form of the Sinhala language, is attested as early as the 3rd century BCE. The language of these inscriptions with long vowels and aspirated consonants is a Prakrit similar to Magadhi, a regional associate of the Middle Indian Prakrits that has been used during the time of the Buddha. The closest ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Investment Promotion Agency
An investment promotion agency (IPA) is most often a government agency (or occasionally a non-profit organization functioning similar to a chamber of commerce or business consulting corporation) whose mission is to attract investment to a country, state, region or city. They do this through the use of marketing activities by creating awareness about a location as an attractive destination for investment Generally, IPAs have four core functions: image building of FDI hosting country, investment generation, project management and aftercare services. While IPAs play an important role in attracting investment to developed countries some IPAs have additional advocacy function. The IPA does this by introducing investors with local suppliers (raw materials or other inputs); providing useful statistical data and business information such as macroeconomic indicators (GNP, GDP, HDI, inflation etc.), labor productivity, average wages, attractive sectors of domestic economy; practical support l ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sri Lanka
Sri Lanka (, ; si, ශ්රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, and southeast of the Arabian Sea; it is separated from the Indian subcontinent by the Gulf of Mannar and the Palk Strait. Sri Lanka shares a maritime border with India and Maldives. Sri Jayawardenepura Kotte is its legislative capital, and Colombo is its largest city and financial centre. Sri Lanka has a population of around 22 million (2020) and is a multinational state, home to diverse cultures, languages, and ethnicities. The Sinhalese are the majority of the nation's population. The Tamils, who are a large minority group, have also played an influential role in the island's history. Other long established groups include the Moors, the Burghers ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Investment Promotion Agencies
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government Agencies Of Sri Lanka
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed govern ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economy Of Sri Lanka
The free-market economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 and $296.959 billion by purchasing power parity (PPP). The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers. This growth was driven by the growth of non-tradable sectors, which the World Bank warned to be both unsustainable and unequitable. Growth has slowed since then. In 2019 with an income per capita of 13,620 PPP Dollars or 3,852 (2019) nominal US dollars, Sri Lanka was re-classified as a lower middle income nation by the World Bank from a previous upper middle income status. Sri Lanka has met the Millennium Development Goal (MDG) target of halving extreme poverty and is on track to meet most of the other MDGs, outperforming other South Asian countries. Sri Lanka's poverty headcount index was 4.1% by 2016. Since the end of the three-decade-long Sri Lankan Civil War, Sri Lanka has begun focusing on long-term strategi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government Agencies Established In 1992
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governm ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |