The 20th Annual General Meeting of the Sri Lanka – Singapore Business Council (SLSBC) of The Ceylon Chamber of Commerce was held recently at The Ceylon Chamber of Commerce. 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.
Shamil Mendis, Chairman & Managing Director, Spear International (Pvt) Ltd. was re-elected as the President of the Council for the year 2017-2018. In his address Mendis mentioned that 2016-2017 has been an eventful year and outlined some of the significant activities the council had undertaken during this period.
The Sri Lanka – Singapore Business Council organized the “Sri Lanka Singapore Business Forum” on 1st June 2016, to coincide with the visit to Sri Lanka of Hon. S. Iswaran, Minister of Trade and Industry, Singapore together with a high powered business delegation. Malik Samarawickrama, Minister of Development Strategies and International Trade graced the occasion on behalf of the Government of Sri Lanka. Mendis stated that FDI inflow is crucial in the present context and the establishment of new partnerships and confidence building is a prerequisite. As such, the Business Forum provided a platform for establishing new business links with Singapore companies and for providing an insight into the investment climate in Sri Lanka.