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CIFC will push GDP by 2-3% in first year: FinMin

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By Chandeepa Wettasinghe
The Colombo International Financial Centre (CIFC) will increase Sri Lanka’s Gross Domestic Product (GDP) by 2-3 percent in its first years of operation, Finance Minister Ravi Karunanayake said at the Colombo International Maritime Conference yesterday.

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PM goes step further in envisioning new SL


Colombo International Maritime Conference Organising Committee Chairman Rohan Masakorala presenting a memento to Prime Minister Ranil Wickremesinghe with Finance Minister Ravi Karunanayake in the background  Pic by Kithsiri De Mel
By Shabiya Ali Ahlam

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India anchors SL confidence in Colombo port

The Indian Government yesterday sought to reassure Sri Lanka that India’s burgeoning investment on developing its ports will pose no threat to the Port of Colombo, noting they have urged Indian companies to invest in the expansion of the Colombo Harbour.
By Madushka Balasuriya

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International Maritime Conference

The second Colombo International Maritime Conference was held on 22 September and inaugurated by Prime Minister Ranil Wickremesinghe. Over 400 participants, including 60 international speakers, attended the event – Pix by Kitsiri de Mel

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Para diplomacy key in unlocking Bay of Bengal potential: PM

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Prime Minister Ranil Wickremesinghe addresses the Colombo International Maritime Conference. CASA Chairman Capt. Ajit Peiris, Finance Minister Ravi Karunanayake, Colombo Shippers Academy CEO Rohan Masakorala and Sri Lanka Shippers Council Chairman Sean Van Dort look on - Pic by Kaithsiri de Mel. See Pictorial on Page 18.
By Madushka Balasuriya

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CASA joins CIMC 2016 as official partner

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The three-day Colombo International Maritime Conference – CIMC is now emerging as the biggest diversified maritime conference in South Asia. Given the country location and a reform and development agenda drawn by the Government of Sri Lanka to develop Colombo, Hambantota and Trincomalee to transform Sri Lanka from a transshipment port to a maritime nation is creating greater interest from many international investors.

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CIMC 2016 to bring greater attention to maritime tourism

  • Will discuss reforms needed to increase cruise tourism
    Aims to develop the industry of yacht marinas

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The Colombo International Maritime Conference (CIMC) which begins for the second time on 21 September will extensively discuss the reforms that are needed to bring in more cruise and yacht tourism into Sri Lanka as the island has a great potential to increase the high end tourists to the country by developing infrastructure and services to facilitate global cruise tourism.

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2nd Colombo International Maritime Conference sets sail

  • 13 BY21-27 September, Sri Lanka Maritime Week
    2016 Theme: Sri Lanka- Linking the maritime cross roads

For the second consecutive year during the “Sri Lanka Maritime Week” in September, the Colombo International Maritime Conference (CIMC) will be held from 21 to 23 September 2016 in Colombo. The event is conducted in association with the Ministry of Ports and Shipping led by the Minster of Ports and Shipping with the Speaker of the Parliament being the patron of the event for the 13-BYfirst time. Sri Lanka Maritime week is a cabinet declared week to commemorate World Maritime Day every year which falls in the last week of September as per the International Maritime Organisation’s calendar.

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South Asia Maritime Forum in Colombo in September

South Asia is interestingly getting international attention as a region that is poised to keep the global economic growth to sustain the momentum and help stabilise the current turmoil. The region is estimated to have GDP of over 2.6 trillion dollars and a population of over 1.7 billion with an expanding middle class consumption and manufacturing.

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