PHL ambassador PROMOTES BUSINESS RELATIONS BETWEEN PHILIPPINES AND SRI LANKA
PHL Ambassador to Sri Lanka H.E. Vicente Vivencio T. Bandillo (center) with Mr. Michael Tan (2nd from left), President and CEO of Pilmico, and executives of Pilmico and Aboitiz Equity Ventures.
26 September 2019, Colombo – Philippine Ambassador to Bangladesh, with concurrent jurisdiction over Sri Lanka, H.E. Vicente Vivencio T. Bandillo, was honored in a luncheon organized by Pilmico Foods Corporation and Aboitiz Group during the Embassy’s Diplomatic, Consular, and ATN Outreach Mission in Sri Lanka. Also in attendance at the luncheon was the Chairman of the Board of Investment (BOI) of Sri Lanka, Mr. Mangapala Yapa.
Pilmico, a subsidiary of Aboitiz Group, has recently acquired Singapore-based Gold Coin Management Holdings, Inc. which has significant operations in Sri Lanka.
During the luncheon, the Ambassador highlighted the need to increase two-way trade and investment flows and to pursue potential economic cooperation that both the Philippines and Sri Lanka can engage in for mutual benefit.
(Left to Right) PHL Ambassador H.E. Vicente Vivencio T. Bandillo, LKA BOI Director General Champika Malalgoda and PHL Honorary Consul Sriyal Dissanayake.
Following the luncheon, the Ambassador also met with Sri Lanka BOI Director General Ms. Champika Malalgoda. Both sides agreed on the need to create a supportive environment conducive for business interests through enabling laws, regulations, security, and safety conditions that would protect investments.
The Ambassador also met and discussed investment opportunities in the Philippines with members of the Sri Lanka-Philippines Business Council (SLPBC) at a dinner hosted by the Council in his honor. END.
