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Monday, 10 August 2009

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Asian SME Summit 2009 :

Economic turmoil brings opportunities- FCCISL Advisor

The Asian SME Summit 2009 is taking place at a time of unprecedented global economic turmoil that has shaken the economies mostly Asian and some very severely. But it has also brought about new challenges and opportunities for the sector to become more dynamic and competitive, said Advisor to the Federation of Chambers of Commerce and Industry Sri Lanka (FCCISL) Dr. Wilbert Goonaratne. He was speaking at the Summit which was held from August 6-8 at the BMICH.

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Sri Lanka-Myanmar Business Forum offers unique prospects

A Sri Lanka-Myanmar Business Forum was held with the participation of a 22-member business delegation from Myanmar and large-scale representation from the Sri Lankan business community, at the Ceylon Chamber of Commerce auditorium on Friday.

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IMF standby facility – a window of opportunity- CCC Chairman

“The IMF standby facility is an incredible window of opportunity to go forward. In fact, it is we who can stop moving forward and not outsiders. With regard to the IMF facility, it is good to get the facility and it would be more attractive to a country such as Sri Lanka than borrowing from the market,” said Chairman, Ceylon Chamber of Commerce (CCC), Dr. Anura Ekanayake.

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For three months ending June 30:

Hemas Holdings records Rs. 181 mn. net earnings

Hemas Holdings PLC recorded consolidated revenues of Rs 3.7Bn and net earnings of Rs 181Mn for the three months ended June 30, 2009. Director and Chief Executive Officer Hemas Holdings Husein Esufally said “These results reflect declines in turnover and earnings of 0.5 percent and 33.2 percent respectively.

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Foreign delegates at the Asian SME Summit 2009. Picture by Saliya Rupasinghe



 
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