Financial Times

Gotabhaya: Sri Lanka heads for new economic goals

Defense Secretary Gotabhaya Rajapaksa, in his first statement as Chairman of Lanka Hospitals Corporation PLC, owners of Apollo Hospital Colombo, says Sri Lanka is united as one country and one people after three decades of terrorism and is on the verge of a catalytic rise in economic accomplishments.

In the Lanka Hospitals 2009 Annual Report released this week, Mr. Rajapaksa said the role of the citizens of Sri Lanka is to precipitate and move towards achieving great heights in economic, infrastructural and social development. ‘With dedication, hard work and able leadership I am confident that as a nation we will make our mark.’

Addressing the Board in the Chairman’s Statement, Mr. Rajapaksa said ahead are challenging times but also times that promise the prospects of triumph. Mr. Rajapaksa added that he is of the firm belief that commercial success must go hand in hand with societal responsibility, especially as now is an opportune time to rebuild the very fabric of the society, which for years has undergone a multitude of hardships and sacrifices.

Mr. Rajapaksa also stated that in the year ahead, a number of strategic initiatives will be put in place to position Lanka Hospitals as a ‘hospital and corporate that is truly world-class.’ To this effect, the medium goal of Lanka Hospitals is to be recognized as the best healthcare solutions provider in the South Asian region. He added that plans are underway to relaunch the entirety of the company’s portfolio in a strategic and concerted bid to notch its services to an all-new standard.

Mr Rajapaksa was appointed to the new board, after SLIC returned to state control following the cancellation of its privatisation by the Supreme Court.

Increased revenue and declining finance costs resulted in a net profit of Rs.41.1 million for the year ended 31 March 2009 compared to a net loss of Rs.286.3 million in 2008.

 
Top to the page  |  E-mail  |  views[1]
 
Other Financial Times Articles
> Bureaucratic bungling stalls IRD building reconstruction
> Trade union to address EU Parliament Human Rights Council on GSP+
> Gotabhaya: Sri Lanka heads for new economic goals
> Plantations getting back to normal
> Big corporate names in Jaffna as interest grows
> Aitken Spence gung-ho on hotel expansion
> COMMENT - GSP+: Unions enter the picture
> The saga of oil exploration in the Mannar Basin
> ICASL holds 30th National Conference
> Good time for rights issues
> Vasu considers legal action against ICASL Council, Ethics Committee
> People's Bank reduces interest rates
> LSE's buyout of MillenniumIT - a done deal
> Unregulated finance companies crisis forum at ST Business Club
> Sri Lankans' potential yet to be fully tapped
> GSK introduces treatment for breast cancer
> Ceylinco Finance PLC repositioned as ‘Nation Lanka Finance’
> MBAs and their perverse Bonus Schemes?
> Political risk insurance in Sri Lanka
> Day/night car care clinic from AMW
> Tea estate company losses rise due to amendment in accounts
> MTI CxO Survey on Business Technology: Findings out soon
> WSO2 Carbon wins InfoWorld award
> Lanka Princess Hotel wins TUI award
> Unemployment on increasing trend in Sri Lanka
> Lankan manufacturing base to export 4,000 computers monthly to Pakistan
> New IT-BPO workforce survey expected in December
> UAE's Etisalat bids for Sri Lanka’s Tigo
> Footwear and Leather Fair 2009 in November
> Michael Elias back as President of Sri Lanka Germany Business Council
> International University soon under public-private partnership
> Rights based approach for labour migration
> Kelani Cables PLC to centralise operations
> Czech Republic to welcome the Pope
> Sri Lankan $500 mln bond next month
> Details of forcibly acquiring property of F&G revealed in court
> CB wants independent verification on Ceylinco Shriram assets
> Global airline industry forecasts rising losses this year
> Harpo's Pizza completes one year in the Maldives
> Sri Lanka will not submit to an investigation by another country - Minister of International Trade
> Directors of F&G Property Developers (Pvt) Ltd released on bail
> Sinhala fonts not widely available
> CIMA Business Leaders Summit: The challenge – ‘Now and Ahead’
> Wage pressures could spur inflation -CB Asst. Governor
> TIENS says it’s not a pyramid scheme, operates within the law
> Biggest economies adjusting investment policies to attract investments
> New President at Sri Lanka – Italy Biz Council
> Seven -judge bench hears PBJ case
> AGM of the Sri Lanka – Australia – New Zealand Business Council
> SriLankan Catering posts Rs. 1.2 billion net profit

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 2009 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved.| Site best viewed in IE ver 6.0 @ 1024 x 768 resolution