Nov 07, 2012 (LBO) – Sri Lanka is to recognize foreign companies which invested in the island during the height of two rebellions by leftwing youth and Tamil Tiger separatists that almost wrecked the economy. The ‘Global Commerce Excellence Awards 2012’ will recognize 150 international companies for their contribution to the national economy during the 1985-2009 period, a statement said.
It follows a similar awards ceremony held in 2011 where large Sri Lankan corporates, chambers, government institutions and individuals were recognised for their contribution to the national economy during the period.
“It was the risks and challenges taken by the Sri Lankan business community that withstood the threat and moved the country forward with difficulty,” the statement said.
“However, last year the organisers could not accommodate international business partners that continued to help and believed in the Sri Lankan economy due to the fact that the numbers were too large.”
Sri Lanka’s long running civil war began in the early 1980s in the north and the separatists were defeated in 2009 while a rebellion by southern mainly Sinhalese leftwing youth in the late 1980s was crushed in about