Monday, 15 March 2004  
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Launch of NCCSL Membership Directory 2004

The National Chamber of Commerce of Sri Lanka is launching its Membership Directory 2004 on the March 15.

NCCSL the leading Chamber of Sri Lanka established in the aftermath of Independence has emerged as the leading trade and industrial promotion body representing virtually the entire spectrum of industry, trade and commerce in Sri Lanka, with over 400 Member Companies, 16 Affiliated Associations, 5 District Chambers of Commerce and The Federation of Associations of District SMEs which represents 15 District Associations and membership over 2000 SMEs.

The main purpose of the Membership Directory 2004 is to promote the Corporate Members of the Chamber and Small and Medium Enterprises, in Sri Lanka as well as abroad in order to expand their markets worldwide. The Chamber has decided to distribute this Directory among foreign missions in Sri Lanka, Sri Lankan missions abroad, Trade Promotion Organisations and other associations in Sri Lanka and overseas.

A profile of our member companies and reference index to the company either by their product or services are the main contents of this. In addition much relevant and useful information to the business community is also included.

SLECIC celebrates 25th anniversary

The SLECIC celebrates its 25th anniversary at Hotel Colombo Plaza on March 18. The re-launching of its principal product is seen as the most appropriate event for commemoration.

Re-visiting its oldest product was a long felt need since there were incompatibilities identified. It reviewed the Export Payments Insurance Policy and as a result the premium will be revised downwards, the coverage will be increased and the terms and conditions will be liberalised.

This prime product of SLECIC will be re-launched on March 18 under the brand name of "Seller's risk".

A new product under the brand name of CAT policy to cover catastrophic losses of exporters will also be launched on this occasion. SLECIC also plans to pay gratitude to its employees at this ceremony.

JBIZ wants 25 minister cabinet

The JBiz is of the opinion that the Sri Lanka's future Cabinets should consist of maximum of 25 ministers and 25 Deputy Ministers, making a total of 50 which represents 44 per cent of the 114 members required to form a government will be represented in the cabinet.

The remaining members in the government and the opposition should be allocated to each ministry as members of Consultative and Advisory Committees, with equal members.

It should be obligatory on the part of each minister to meet with his Consultative and Advisory Committee once a month to seek their guidance and advice in carrying out the functions of each particular ministry, a press release issued by the JBIZ stated. It is also necessary to decide on more or less permanent portfolios so that there is continuity in each ministry on a long term basis, thereby consolidating the activities of each ministry the message added.

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