Sri Lanka
Sri Lanka votes in a parliamentary election that's key for its new Marxist-leaning president
Sri Lankans are voting in a parliamentary election Thursday that is key for the country's new, Marxist-leaning president to consolidate his party's power and follow through on promises of economic recovery.
President Anura Kumara Dissanayake won the presidential election on Sept. 21 in a victory that marked a rejection of the traditional political parties, which have governed the island nation since its independence from British rule in 1948.
However, Dissanayake’s failure to secure more than 50% of the vote has fueled concerns over his party’s outlook in Thursday's election.
His National People’s Power party must increase its votes significantly — from the 42% it won in the presidential election — if it is to acquire a minimum of 113 seats to take control of the 225-member Parliament.
The biggest challenge for the NPP — which was founded in 2019 and is a relative newcomer on Sri Lanka’s political scene — is that many of its candidates are new faces in politics running against well-established politicians from the traditional parties.
Of the 225 parliament seats, 196 are up for grabs under Sri Lanka's proportional representative electoral system, which allocates seats in each district among the parties according to the proportion of the votes they get.
The remaining 29 seats — called the national list seats — are allocated to parties and independent groups according to the proportion of the total votes they receive countrywide.
There are 8,821 candidates vying for the 196 seats for elected members of Parliament.
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Sajith Premadasa, who came in second in the presidential election and his Samagi Jana Balawegaya, or United People's Power party, is NPP's main competition.
Dissanayake, while campaigning for his party’s candidates, has called on voters to help elect them to Parliament so he won’t need to rely on a coalition to enact the reforms he promised.
Election results are expected on Friday.
The election comes at a decisive time for Sri Lankans, as the island nation is struggling to emerge from its worst economic crisis, having declared bankruptcy after defaulting on its external debt in 2022.
The country is now in the middle of a bailout program with the International Monetary Fund and debt restructuring with international creditors nearly complete.
Dissanayake had said during the presidential campaign that he planned to propose significant changes to the targets set in the IMF deal, which his predecessor Ranil Wickremesinghe signed, saying it placed too much burden on the people. However, he has since changed his stance and says Sri Lanka will go along with the agreement.
Sri Lanka’s crisis was largely the result of economic mismanagement combined with fallout from the COVID-19 pandemic, which along with 2019 terrorism attacks devastated its important tourism industry. The pandemic also disrupted the flow of remittances from Sri Lankans working abroad.
Read more: Sri Lanka closes schools as floods hammer the capital
The government also slashed taxes in 2019, depleting the treasury just as the virus hit. Foreign exchange reserves plummeted, leaving Sri Lanka unable to pay for imports or defend its currency, the rupee.
Sri Lanka’s economic upheaval led to a political crisis that forced then-President Gotabaya Rajapaksa to resign in 2022. Parliament then elected Wickremesinghe to replace him.
The economy was stabilized, inflation dropped, the local currency strengthened and foreign reserves increased under Wickremesinghe. Nonetheless, he lost the election as public dissatisfaction grew over the government’s effort to increase revenue by raising electricity bills and imposing heavy new income taxes on professionals and businesses, as part of the government’s efforts to meet the IMF conditions.
Dissanayake’s promise to punish members of previous governments accused of corruption and to recover allegedly stolen assets has also raised much hope among the people.
3 weeks ago
Sri Lanka closes schools as floods hammer the capital
Sri Lanka closed schools in the capital Colombo and suburbs on Monday as heavy rains triggered floods in many parts of the island nation.
Heavy downpours over the weekend have wreaked havoc in many parts of the country, flooding homes, fields and roads. Three people drowned, while some 134,000 people have been affected by flooding, according to the country's Disaster Management Centre.
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The center said rains and floods have damaged 240 houses and nearly 7,000 people have been evacuated. Authorities have cut electricity in some areas as a precaution.
Navy and army troops have been deployed to rescue victims and provide food and other essentials.
Local television channels showed flooded towns in the suburbs of Colombo. In some areas, waters reached the roofs of houses and shops.
Sri Lanka has been grappling with severe weather conditions since May, mostly caused by heavy monsoon rains. In June, 16 people died due to floods and mudslides.
1 month ago
Australia beat Sri Lanka to launch title defense at Women’s T20 World Cup
Australia began its title defense at the Women’s T20 World Cup with a six-wicket win over Sri Lanka on Saturday.
Medium pacer Megan Schutt picked 3-12 in four overs, while left-arm spinner Sophie Molineux took 2-20, as Sri Lanka was restricted to 93-7 in 20 overs.
In reply, Beth Mooney led Australia’s charge as it overhauled the total in only 14.2 overs. It was down to 35-3 at one stage, but Mooney scored 43 not out off 38 balls to lead her side to victory.
In the second game of the day, Bangladesh faces England.
Women's T20 World Cup: Bangladesh start confidently beating Scotland, ending run of 16 straight loss
Opting to bat, Sri Lanka suffered crucial early blows. Skipper Chamari Athapaththu was out lbw to Ashleigh Gardner for just three runs.
Schutt and Molineux then combined to hit the top-order hard, as Sri Lanka was down to 25-3 in 6.4 overs.
Nilakshi de Silva scored 29 not out off 40 balls, while Harshitha Madavi scored 23 runs. Their 31-run partnership for the fourth wicket saved the Asian champions some embarrassment.
Molineux broke that partnership in the 13th over, and then Sri Lanka went down to 89-7 within another 6.2 overs. Its innings struggled on either side of that partnership, thus finishing with a below-par total.
In reply, Australia’s top-order struggled as well. Skipper Alyssa Healy was dismissed for four, while Georgia Wareham was run out for three runs.
When Sugandika Kumari bowled Ellyse Perry for 17 in the sixth over, there was some trouble.
Jayawickrama who took 11 wickets against Bangladesh banned by ICC
But Mooney dug in deep, and found support from Gardner, who put in 12 runs. Together they added 43 off only 40 balls as Australia sped up its chase in the second half.
Sri Lanka has now lost both its opening matches in group A and is nearly out of contention from advancing to the semifinals.
2 months ago
It was like a terrorist attack to topple the govt: PM Hasina tells Indian envoy on quota violence
Prime Minister Sheikh Hasina on Wednesday (July 31, 2024) likened the recent violence in the country as ‘almost a terrorist attack’ aimed at creating a situation like what had happened in Sri Lanka to oust her government.“It was not a movement at all, and at one stage it almost into a terrorist attack,” she said while Indian High Commissioner to Bangladesh Pranay Verma called on her at her official residence Ganabhaban.
Lives lost during the anti-quota violence will never come back: PM HasinaPM’s Press Secretary M Nayeemul Islam Khan briefed reporters after the call on.He quoted the PM as telling the envoy said that the anarchists actually tried to create a situation like what had happened in Sri Lanka to topple her government.“Actually they (the anarchists) have planned to create Sri Lanka type violence and oust the government,” she said.
PM Hasina visits Suhrawardy Hospital to check on violence victims
Hasina expressed sorrow for the loss of lives and destruction of properties in the carnage centering the student movement for reformation of quota in public services.Indian HC Verma expressed condolence for the loss of lives during the recent violence.He welcomed the normalcy that steadily is being restored, and the gradual resumption of economic activities in Bangladesh, according to the press secretary.
Govt to take foreign technical assistance for judicial probe committee: PMVerma said that Bangladesh is the closest neighbour of India. It always gives support to the Bangladesh government and its people for implementation of Dhaka’s Vision of a progressive and prosperous country.He said that the successful visit of PM Hasina to India produced substantive outcomes, consolidated the past achievements and created a blue print for the future cooperation.“And based on the two countries national development visions, Vision 2041 for Bangladesh and Vision 2047 India, both countries entered into a new era of cooperation,” he said.In this cooperation there will be digital, green, joint development of satellite and new areas of cooperation like blue economy, oceanography and fintech.“That means future oriented partnership is based on our people’s shared aspirations for the future,” Verma said.
PM’s Private Industry and Investment Adviser Salman Fazlur Rahman and Ambassador-at-Large Mohammad Ziauddin were present.
4 months ago
Women’s Asia Cup: Bangladesh beat Malaysia by 114 runs
In their third match in the Women’s Asia Cup in Sri Lanka, Bangladesh beat Malaysia by 114 runs. It was Bangladesh’s second win in the tournament.
In their first two matches, against Sri Lanka and Thailand, Bangladesh beat Thailand but lost to Sri Lanka.
Bangladesh won the toss on Wednesday in Dambulla and opted to bat first.
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Opener Murshida Khatun and captain Nigar Sultana proved the decision of batting first as justified, hitting a 50 each. While Murshida hit 80 with 10 fours, Nigar scored 62 with five fours and two sixes.
Riding on their excellent batting show, Bangladesh posted 191 for two.
In reply, Malaysia managed only 77 for eight in 20 overs and suffered a heavy defeat.
Nahida Akter took two wickets for Bangladesh.
Read more: ACC Women's T20 Asia Cup 2024: Match Fixtures, Schedule, Groups, and Teams
4 months ago
T20 World Cup: Bangladesh overcome batting wobbles to beat Sri Lanka, after bowlers do their job
Bangladesh secured a victory over Sri Lanka in their opening match of the ICC Men's T20 World Cup 2024 in Dallas, Texas on Friday.
Over half of the spectators at Grand Prairie Cricket Stadium, filled to capacity, left with smiles brought on by their team's win. To watch this match in USA’s cricket capital, Dallas, thousands of expatriate Bangladeshis gathered from around the USA.
This win does Bangladesh's chances for advancing to the next phase a big favour, while Sri Lanka, already defeated by South Africa in their first match, now faces a challenging path.
Sri Lanka, asked to bat first, were restricted to a paltry 124 runs for nine wickets. Bangladesh chased down the target with two wickets in hand and six balls remaining.
T20 World Cup: Bowlers do the business for Tigers, restricting Sri Lanka to 124/9
However, the victory was not as easy as the target might have suggested. Despite a below-par score, Sri Lanka's total proved to be a difficult chase for Bangladesh.
Bangladesh lost their struggling opener, Soumya Sarkar, for a duck in the first over. Soumya attempted to sweep a good-length delivery but top-edged it to Wanindu Hasaranga at mid-on.
The next over saw the dismissal of the other opener, Tanzid Hasan. Nuwan Thushara bowled a full-length delivery that angled inwards. Tanzid tried to drive but was beaten by the late swing, resulting in his off stump being shattered.
Captain Najmul Hossain Shanto soon followed, also dismissed cheaply, extending his struggles. He was lured out of position by a wide full-length delivery and edged a sharp catch to Charith Asalanka.
At this point, Bangladesh found themselves in a precarious position despite the low target. Litton Das and Towhid Hridoy worked hard to keep Bangladesh in the contest.
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Towhid launched a particularly impressive assault in the 12th over, smashing three sixes off three consecutive deliveries from Sri Lankan captain Wanindu Hasaranga. The first two sixes were slog sweeps off Hasaranga's googlies. The third six came when the bowler tried to adjust his line with a wide full-length delivery outside off. However, Towhid was ready with an inside-out shot over cover for his third consecutive six.
These sixes significantly boosted Bangladesh's run rate, easing the pressure on the remaining batters. Litton Das and Shakib Al Hasan departed quickly, bringing a sense of tension, but Mahmudullah Riyad finished the job with a brief but impactful 16 runs.
Sri Lankan bowler Nuwan Thushara took four wickets, including two in consecutive deliveries.
Given the nature of Bangladesh's victory, a crucial question arises: has this win boosted their confidence ahead of the challenging clash against South Africa on a tricky New York surface?
Earlier, leg spinner Rishad Ahmed and experienced pacer Mustafizur Rahman bowled brilliantly to bring Bangladesh back into the game after Sri Lanka were put in to bat and got off to a fast start in the powerplay.
Taskin Ahmed, who was initially questionable for the match due to a fitness issue, struck in the second over to remove Kusal Mendis for 10 runs. Mendis had started aggressively with two boundaries before being dismissed.
Sri Lanka were 48/1 off 5 overs, when Mustafiz was introduced into the attack. He then took two wickets in the sixth and eighth overs. He dismissed Kamindu Mendis with his first ball and then Pathum Nissanka, who top-scored for Sri Lanka with 47 runs off 28 balls. Nissanka's innings included seven fours and a six.
Rishad Hossain, the legspinner who is steadily gaining prominence in Bangladesh cricket, bowled a crucial 14th over. He removed both Charith Asalanka (19 runs) and Wanindu Hasaranga (a golden duck) in two consecutive deliveries, breaking a promising partnership.
Rishad ended with figures of 3/22 off 4 overs, that earned him the man-of-the-match award.
Sri Lanka's innings faltered in the final overs as Tanzim Hasan Sakib claimed two wickets in the 20th over, including the key wicket of Angelo Mathews. Mathews was caught at short third man for 16 runs, becoming Sakib's first World Cup wicket.
Read more: T20 World Cup: Bangladesh aims to unleash full potential despite challenges
6 months ago
Preview of Bangladesh vs Sri Lanka Match in ICC T20 World Cup 2024
After a shocking start in the current T20 World Cup with a humiliating defeat against South Africa, Sri Lanka would look to bounce back in the tournament with a confident win. For that, they will face Bangladesh, who are not in great shape at the moment. Let’s take a look at the BAN vs SL match preview in the 2024 ICC T20 World Cup.
Table: Schedule of BAN vs SL Match in the 2024 ICC Men’s Twenty20 World Cup
Match Details
Match
Date (BST)
Teams
Time (BST)
Venue
15
8/6/2024
Bangladesh vs Sri Lanka
6:30 AM
Grand Prairie Cricket Stadium, Dallas
Read more: Analysis of Australia Squad in ICC Men’s T20 World Cup 2024
Preview of the BAN vs SL Match in the 2024 ICC T20 World Cup
Sri Lanka had a really poor and unexpected start at this World Cup. They were wrapped up for only 77 against South Africa in New York. However, their bowlers put up a good fight and stretched the game to the 17th over against the explosive Proteas batting line-up. Their bowling performance should give them some serious confidence and hope ahead of this game.
Additionally, despite the poor batting performance, they might still feel they have the upper hand against this Bangladesh team. Bangladesh had come to the USA early and played a series against the hosts as well for better preparation and adapting to the conditions. Everyone can argue about how well the preparation went. They lost the series against the USA 2-1, their winning game was against a USA side that rested some of their regular starters, and then had a hapless batting performance against India in the warm-up game.
Read more: ICC Men’s T20 World Cup 2024: Groups, Match Fixtures, and Venues
Table: Sri Lanka’s Performance in the T20I Matches in 2024
Sri Lanka Performance in T20I Format in 2024
Played
10
Won
6
Lost
4
Tie/NR
0
Highest Run-scorer
Kusal Mendis (303)
Highest Wicket Taker
Wanindu Hasaranga (15)
Table: Bangladesh’s Performance in the T20I Matches in 2024
Bangladesh Performance in T20I Matches in 2024
Played
11
Won
6
Lost
5
Tie/NR
0
Highest Run-scorer
Towhid Hridoy (263)
Highest Wicket Taker
Mustafizur Rahman (15)
Read more: T20 World Cup: Bangladesh aims to unleash full potential despite challenges
Both teams have the same problem but in different manners. Bangladesh’s batting lineup crumbles because of the failure of the top order. It has been misfiring miserably this year. Their opening pair went past 30 only 4 times this year and it was undone 4 times in less than 10 runs. The performances of Litton Das, Soumya Sarkar, and Nazmul Hossain Shanto are not up to the mark. Tanzid Tamim has been a breath of fresh air scoring 3 half-centuries in his first 7 games. Still, there is a lot to correct in this batting line-up. However, their middle order has been clicking so far. Four of their top five run-scorers this year have been batting in the middle order.
Sri Lanka, on the other hand, is in the opposite situation. While their top-order is firing well, it is their middle-order who are not putting up performances. Their lack of batting depth is causing big problems for them. Even in the game against South Africa, they were at 31/2 from where they lost 8 wickets for a meager 46 runs.
Read more: Venue Guide: Stadiums of ICC Men's T20 World Cup 2024
Both the teams won’t have much complaints about their bowling as it has been decent throughout the years. For Bangladesh, their batters are not giving them much to fight with. However, the potential absence of their two strike bowlers, Taskin Ahmed and Shoriful Islam, adds to Bangladesh’s woes.
BAN vs SL H2H Records in T20I Format and T20 World Cups So Far
Table: Head-to-head T20I Records between Bangladesh and Sri Lanka So far
Head-to-Head Records in T20I
Matches Played
Sri Lanka Won
Bangladesh Won
TIE/NR
16
11
5
0
Read more: Analyzing Bangladesh Squad for ICC Men’s T20 World Cup 2024
Table: BD vs SL H2H Records in T20 World Cups So far
Head-to-Head Records in T20 World Cup
Matches Played
Sri Lanka Won
Bangladesh Won
TIE/NR
2
2
0
0
Another sign of hope for the Sri Lankans is the head-to-head records. They usually have the upper hand over Bangladesh. Sri Lanka won the last 4 out of 5 games against Bangladesh. Adding to that, they won the latest series against Tigers this year in Bangladesh. The Sri Lanka team are yet to be beaten by Bangladesh in a T20 World Cup match so far.
Read more: Squad Analysis of Sri Lanka for ICC Men’s T20 World Cup 2024
Bangladesh can gain confidence by how the pitch is playing. There have been plenty of low-scoring encounters in this T20 World Cup. The game of Sri Lanka vs South Africa is an example of that. Bangladesh usually does better in slow pitches. Dallas, where the game will be played saw Nepal and Netherlands fight it out in a low-scoring battle. However, this field also saw the first game between Canada and the USA where the USA chased down 194 of Canada with 14 balls to spare. With their batting form, Bangladesh would hope this to not be the case in their game.
Probable Lineups in the BAN vs SL T20 Match
Most Probable XI of the Sri Lanka Team
Wanindu Hasaranga (Captain), Kusal Mendis, Pathum Nissanka, Kamindu Mendis, Dhanajya De Silva, Charith Asalanka, Angelo Mathews, Dasun Shanaka, Maheesh Theekshana, Matheesha Pathirana, and Nuwan Thushara.
Read more: Stars who can be game-changers for Bangladesh in T20 World Cup
Most Probable XI of Bangladesh Team
Najmul Hossain Shanto (Captain), Tanzid Hasan, Soumya Sarkar, Towhid Hridoy, Mahmudullah, Litton Kumer Das, Shakib Al Hasan, Rishad Hossain, Mahedi Hasan, Tanzim Sakib, and Mustafizur Rahman.
Key Players to Watch in Bangladesh Team
Tanzid Hasan
As mentioned before, Tanzid Hasan has been in the new era of Bangladesh's top-order since his debut. He scored 237 runs in his 7 games averaging 47. If Bangladesh want to put up a big total, Tanzid has to perform one of his best games so far to contribute largely to the team Tiger’s victory.
Mustafizur Rahman
Mustafizur Rahman is always a key bowler for Bangladesh in T20Is. With the probable absence of Taskin Ahmed and Shoriful Islam, Mustafizur is supposed to lead the team’s bowling attack. He has a good T20I bowling record against Sri Lanka with 14 wickets in 12 innings striking at 18.85. Without a doubt, he needs to be at his best in this game.
Read more: Analysis of India Squad for the ICC Men’s T20 World 2024
Towhid Hridoy
Towhid Hridoy is the highest run-scorer for Bangladesh this year in T20Is with 263 runs and a couple of half-centuries. He also scored 36.86 runs on average this year. Bangladesh needs him to go big in this game to have a solid winning chance.
Key Players to Watch in Sri Lanka
Wanindu Hasaranga
Sri Lanka will rely on their skipper heavily for this game. He bowls in the middle overs where he is supposed to face the in-form middle order of Bangladesh. If he manages to do what he usually does against them, Sri Lanka will feel inches closer to a win in this game.
Kusal Mendis
Kusal Mendis is the highest scorer for Sri Lanka so far in 2024. Given that Bangladesh’s batting order has been clumsy, Sri Lanka might feel putting up a good total on the board does 90% of the job for them to win. And it does not need to put more emphasis on how much Sri Lanka would rely on their most in-form and productive batter to deliver the goods this time.
Read more: Fixtures of Bangladesh Team in the ICC Men’s T20 World Cup 2024
Matheesha Pathirana
Matheesha Pathirana has been in great form with 11 wickets in his last 6 games and coming from a wonderful IPL campaign. He was also the best bowler for Sri Lanka in the game against South Africa. He can give his team an early advantage against Bangladesh’s clumsy top order. If he does his job well, Sri Lanka have a real winning chance.
Verdict
In the 2024 ICC T20 Men’s World Cup tournament, both Bangladesh and Sri Lanka have similar kinds of issues with their respective teams. However, the recent forms and history between these two sides give Sri Lanka the edge. As a result, Sri Lanka will enter the BAN vs SL T20I match as favorites in this enticing rivalry of cricket.
Read more: USA vs BAN T20I Series 2024: Analysis of Bangladesh’s Series Defeat Against USA
6 months ago
Bangladesh-Sri Lanka T20I series can be watched from anywhere in the world
Just a few days after the conclusion of the Bangladesh Premier League (BPL) 10th season, Bangladesh cricketers are back on the field as they are set to face Sri Lanka in a three-match T20I series starting on Monday (March 04, 2024). Fans around the globe can tune in to watch this series promising exciting cricket.
The Bangladesh Cricket Board (BCB) has announced that spectators in Bangladesh can enjoy live coverage of the series on two TV channels — GTV and T-Sports — and can also stream the action on the go via the Rabbithole and T-Sports apps.
Sri Lankan fans can catch the series live on Siyatha TV, with streaming options available through Dialog TV. In India, viewers can follow the action on the FanCode OTT platform.
Bangladesh-Sri Lanka T20I series kicks off Monday
For fans in 27 countries across the Middle East and North Africa, the series will be broadcast on STARZPLAY, eLife, and Cricbuzz, with Cricbuzz also available in 10 countries in Southeast Asia.
Astro will broadcast the series in Malaysia, while Willow will cover it in 23 countries in North America.
For fans in other parts of the world, the series will be available on the Rabbithole and T-Sports YouTube channels, ensuring global access to the matches.
The first match of the T20I series is scheduled for Monday, March 4, with the remaining two matches taking place on March 6 and 9 in Sylhet. All matches will commence at 6 pm (Bangladesh time). Following the T20I series, both teams will head to Chattogram, Bangladesh’s main port city, for a three-match ODI series.
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9 months ago
BCB announces squad for Sri Lanka T20Is and ODIs
The Bangladesh Cricket Board (BCB) on Tuesday announced the Bangladesh squad for the upcoming three-match T20I and the first two ODIs against Sri Lanka next month.
Right-arm spinner Aliss Al Islam earned his maiden call-up to the national T20I squad. Additionally, veteran all-rounder Mahmudullah Riyad returns to the T20I lineup based on his recent strong performances.
Aliss’ inclusion was a surprising move, as he only scalped 19 wickets in 24 T20s. Overlooking spinners like Mehdiy Hasan Miraz or Tanvir Islam for T20Is was also a head-spinning decision.
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Afif Hossain and Shamim Hossain were also overlooked from the T20I side. They were part of the team in the last T20I series against New Zealand.
The Sri Lanka series begins on March 4th with the first T20I at Sylhet International Stadium. The remaining two T20I matches will take place at the same venue on March 6th and 9th. The first two matches will start at 6 pm, while the third will begin at 3 pm.
The series then shifts to Chattogram for the ODIs, with matches on March 13th, 15th, and 18th. The first two ODIs will start at 2:30 pm, and the third at 10 am.
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Following the white-ball matches, the teams will compete in a two-match test series. The first test will begin on March 22nd in Chattogram, and the second test will commence on March 30th in Sylhet.
T20I squad:
Najmul Hossain Shanto (Captain), Litton Das, Anamul Haque Bijoy, Mohammad Naim, Tawhid Hridoy, Soumya Sarkar, Mahedi Hasan, Mahmullah Riyad, Taijul Islam, Rishad Hossain, Taskin Ahmed, Mustafizur Rahman, Shoriful Islam, Tanzim Hasan Sakib, and Aliss Al Islam
Shanto named Bangladesh captain in all formats
ODI squad (for the first and second matches):
Najmul Hossain Shanto (Captain), Anamul Haque Bijoy, Soumya Sarkar, Tanzid Hasan Tamim, Litton Das, Mushfiqur Rahim, Tawhid Hridoy, Mahmudullah Riyad, Mehidy Hassan Miraz, Taijul Islam, Rishad Hossain, Taskin Ahmed, Shoriful Islam, Tanzim Hasan Sakib, and Mustafizur Rahman.
9 months ago
FBCCI President invites Sri Lankan investors to invest in Bangladesh's SEZ
The President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Mahbubul Alam invited Sri Lankan businessmen and investors to invest in the Special Economic Zones (SEZ).
The FBCCI President made this call during a courtesy meeting with the high commissioner of Sri Lanka in Bangladesh Dharmapala Weerakkody at FBCCI’s Gulshan office on Sunday afternoon.
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Mahbubul said the government has been establishing 100 special economic zones in Bangladesh with All kinds of facilities including oil, gas, and electricity for the investors.
Besides, one-stop service, e-platform, and many other attractive incentives are on offer to facilitate business and investment in Bangladesh. Sri Lankan businessmen can be benefitted by setting up industry here on their own or in joint ventures, he said.
Bangladesh’s journey: From ‘basket case’ to aspiring economic powerhouse
He said garments, pharmaceuticals, eco-tourism, hospitality, etc. are some of the potential sectors in Bangladesh. If Sri Lankan investors want to invest in Bangladesh, FBCCI will provide all-out support.
Speaking at the meeting, the Sri Lankan High Commissioner Dharmapala Weerakkody said that Sri Lanka has many business entrepreneurs who are interested in doing business in Bangladesh.
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Besides many potential sectors, Sri Lanka receives a large number of tourists from Bangladesh every year. He said it is time to increase bilateral trade between the two countries.
FBCCI president praised the Sri Lankan Central Bank's role in overcoming the economic challenges.
Commercial Counselor of the Sri Lankan High Commission Srimali Jayarathna, FBCCI Vice-President Shomi Kaiser, Rashadul Hossain Chowdhury (Ronni), Secretary General Md. Alamgir, among others, were present at the meeting.
10 months ago