Friday Nov 29, 2024
Friday Nov 29, 2024
Wednesday, 14 July 2021 00:00 - - {{hitsCtrl.values.hits}}
From left: Aitken Spence Cargo Vice President Jerome Brohier, SLSBC Vice President Tan Beng Chuan, MAC Holdings Chief Financial Officer Tilak Gunawardana, SLSBC Vice President Janaka Gunasekera, SLSBC President Prajeeth Balasubramaniam, Tengri Aero Industries Chairman Eric Wikramanayake, SLSBC Immediate Past President Rohitha Mendis, Overseas Realty (Ceylon) Head of Leasing Kumi Miranda, Kalhari Enterprises Chairman/Group Managing Director Indhra Kaushal Rajapaksa, SLSBC Vice President Shiluka Gunawardena, Spear International Chairman/Managing Director Shamil Mendis and Sharhan Muhseen (Star Promotions)
The 24th Annual General Meeting of the Sri Lanka-Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce was held on 16 June via Zoom. The SLSBC was inaugurated in 1997 under the aegis of the Ceylon Chamber of Commerce with the objective of promoting trade, investments, tourism and services between Sri Lanka and Singapore.
BOVCapital Ltd. Managing Partner Prajeeth Balasubramaniam was re-elected as the President of the Council for the year 2021-2022. A Baur & Company Ltd. Deputy Managing Director, Agri Inputs Janaka Gunasekara, Prima Singapore Corporate Manager Tan Beng Chuan and KPMG Partner Shiluka Gunawardena were elected as Vice Presidents of the Council.
The Honorary Consul General of the Republic of Singapore in Colombo, Dr. Jayantha Dharmadasa remarked that the Council had moved forward despite of all obstacles to enhance trade between the two countries and he further mentioned that he is willing to extend his support towards the development of the council activities.
The President of SLSBC said: “As promised at the last AGM the council took the initiative to formulate eight subcommittees under the sectors of Gem and Jewellery, Real Estate, Healthcare/Pharma, Education, Agriculture/Food Processing/Security Ag-Tech, Rubber (Tyre, Auto Parts), Boat Manufacturing, Logistics, Supply Chain and Last Mile and Fintech. All sectors have made progress under each subcommittee with the help of relevant authorities and specially with the assistance of the Sri Lankan High Commissioner in Singapore, Commercial Counsellor of the Sri Lankan Embassy in Singapore, Enterprise Singapore, Singapore Business Federation and many other institutions in Singapore.”
He stated that the Real Estate Subcommittee is organising a webinar this month on the trending developments of real estate sector in Sri Lanka which will be followed by a panel discussion.
As a follow-up action from the webinar on the pharma manufacturing opportunities in Sri Lanka, the subcommittee is preparing a sectoral FDI note covering the pharmaceutical and healthcare industry landscape in Sri Lanka and intend to publish the same by Q3 or Q4 of 2021.
He also added that the Agri Subcommittee is currently working with the Sri Lankan High Commission in Singapore to identify potential venture capitalist and private investors to promote the selected agri tech startups for potential investment and market opportunities.
The Fintech Subcommittee is working with the Sri Lankan High Commission in Singapore, Central Bank of Sri Lanka and Monetary Authority of Singapore on the Sandbox with the objective of increasing participation by domestic players as well as exploring possibilities for Singapore fintech players to use the CBSL Sandbox.
Aitken Spence Cargo Ltd., Kalhari Enterprises, MAC Holdings Ltd., Overseas Realty (Ceylon) PLC, Spear International Ltd., Star Promotions Ltd. and Tengri Aero Industries Ltd. were elected from the membership to serve on the Executive Committee of the Council.
Further details regarding membership of the Council could be obtained from the Secretariat of the Sri Lanka-Singapore Business Council of the Ceylon Chamber of Commerce, No. 50, Navam Mawatha, Colombo 2.
