March 26, 2024
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7min

25th March 2024: The Harvard Club of Sri Lanka proudly announces, ‘BIG BOLD BRAVE 2024,’ a ground-breaking thought leadership conference set to take place from April 3rd to 5th, 2024, at the Galle Face Hotel in Colombo, Sri Lanka. The conclave      is a collaboration of 15+ Harvard Clubs in the Asia Pacific region, the official Alumni Organisations of the prestigious Harvard University.

 



 

“Sri Lanka is a 5-hour flight from 4.5 billion people in the APAC region      – who are getting richer and living longer.      It is an opportunity for      the nation to lead in addressing pressing needs of the neighbourhood,” said Asanka de Mel,      Co-chair of the conference.

Under the far-reaching theme of ‘Big Opportunities | Bold Moves | Brave People,’ the conference will explore critical areas that shape the region’s future, with topics areas including education, human capital development and jobs of the future, technology, digital economy and entrepreneurship, modernizing agriculture and food security, energy infrastructure development, and environmental sustainability and climate change adaptation.

Recognizing the immense potential of the Asia-Pacific region and its role in shaping the global landscape, the Harvard Clubs of the Asia-Pacific region have come together to facilitate this transformative conference. The conference will explore the region’s most pressing challenges and opportunities leading up to 2050.

The highly anticipated conference will convene visionary leaders, influential thinkers, and distinguished Harvard alumni from across the Asia-Pacific region. A distinguished line-up of speakers will engage attendees through panel discussions, case studies, and interactive workshops, facilitating the exchange of valuable insights, invaluable networking opportunities and the exploration of innovative solutions.

Among the notable speakers confirmed for the event are:

  • Deepak Bagla: Former Managing Director and CEO of Invest India
  • Titus Yong: Vice President of the Harvard Club of Singapore and Senior Faculty at NUS Singapore
  • Rajeev Mahajan: Head of Project Finance at the Private Sector Facility of the Green Climate Fund in South Korea
  • Desamanya Mahesh Amalean: Co-Founder and Chairman of MAS Holdings
  • Rex Yung: MD and Chief Scientific Officer at ProLung, Inc., USA
  • Kapil Vishvanathan: Governing Council Member at KREA University and President of the Institute for Financial Management and Research (IFMR), India
  • Anjali Raina: Executive Director of the HBS Research Center, India
  • Nishan De Mel: Economist with extensive academic experience at Oxford and Harvard University, Sri Lanka
  • Sameer Christy, Founder and Chairman of Streeton Partners, Venture Partner/ SparksLabs, Hongkong/ Pakistan
  • Vinya Ariyaratne: President of the Sarvodaya Shramadana Movement
  • Mainak Chakraborty: CEO & Co-Founder of GPS Renewables
  • Somdutta Singh: First-Gen Serial Entrepreneur, Investor, Founder & CEO of Assiduus Global Inc, Dubai
  • Munir M. Merali: AKDN’s Resident Diplomatic Representative to the People’s Republic of Bangladesh
  • Supun Weerasinghe: Group Chief Executive Officer of Dialog Axiata

 

The diverse lineup comprises over 30 panelists and speakers, reflecting a breadth of expertise and experience across various industries. With a global audience of over 150 registrations, the conference aims to facilitate meaningful discussions, knowledge sharing, and networking opportunities.

Reflecting the ethos of the conference, highlighting the importance of collaboration and innovation in addressing global issues,      Kandeban Balendran, President of Harvard Club of Sri Lanka and Co-Chair of Big Bold Brave Conference said: ‘’We are excited to see this conference serve as a catalyst for big opportunities, bold ideas, and brave people coming together to tackle global challenges. We look forward to witnessing the transformative impact that emerges when passionate people work together towards common goals.      The conference exemplifies our shared vision of creating a platform for leaders to connect, learn, and make a difference in the world. By bringing together diverse perspectives and experiences, we can drive meaningful change and foster a brighter future for generations to come”

By engaging in meaningful connections and collaborations among Harvard alumni and distinguished guests, the conference aims to pave the way for a better tomorrow, driven by knowledge, fellowship, and a shared vision for a prosperous and sustainable future.

The summit is pioneered in Sri Lanka through the Harvard Club of Sri Lanka. Established in 2021, the Club is focused on making a difference as a Harvard community for members, for the nation, and for Harvard. It aims to promote the interests of Harvard University alumni in Sri Lanka and develop rewarding relationships within the alumni community in Sri Lanka and beyond.

Registration for ‘BIG BOLD BRAVE 2024’ summit is open. For more information visit www.bigboldbrave.lk

 



 


March 25, 2024
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3min

TM Forum held the Autonomous Networks Summit during the Mobile World Congress (MWC). At the summit, industry leaders including George Glass, the CTO of TM Forum; Li Huidi, the Executive Vice President of China Mobile; Yang Chaobin, Huawei’s Board Member and President of ICT Products & Solutions; Juan Manuel Caro, Telefónica’s director of Autonomous Networks and JV’s Technology; Eduardo Panciera, the VP of Network and Service Technology from Telecom Argentina; Aurelio Nocerino, Accenture’s Managing Director and Accenture CFN – Global Solutions Lead for Comms; and Ye Ouyang, the SVP & CTO of AsiaInfo Technologies, together proposed the Level 4 Autonomous Networks industry initiative to accelerate the evolution toward Highly Autonomous Networks.

 



 

The initiative aims to encourage the widespread adoption of Level 4 Highly Autonomous Networks globally by promoting industry collaboration, expediting application innovation, and incubating business scenarios. In pursuit of this goal, all stakeholders in the industry are directed towards three key focus areas, working together to propel the industry toward the realization of Highly Autonomous Networks. 1. Accelerating Level 4 innovation and planning to facilitate the commercial use of Level 4. 2. Expediting the development of Level 4 standards to promote multi-vendor interoperation and interworking standards that support key Level 4 technologies. 3. Speeding up the progress of making Level 4 technological breakthroughs in converged awareness, intent-driven closed-loop, digital twin, generative AI, native intelligence, and other cutting-edge technologies.

At the summit, TM Forum, China Mobile, and Huawei representatives shared their strategies, values, and industry collaboration cases for Autonomous Networks to guide the industry’s development. Representatives of other companies, including Accenture, GSMA, Telecom Argentina, and Orange, actively shared their practical experiences on the implementation methods and systems, progress, and achievements of Autonomous Networks.

 



 


March 21, 2024
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4min

The CFA Charter Awards Ceremony and Annual Oration organised by the CFA Society Sri Lanka (CFASSL) was held on Wednesday, 20 March 2024, at the Jasmine Hall, Bandaranaike Memorial International Conference Hall (BMICH), Colombo.

 


 

This momentous occasion celebrated the hard work, dedication and success of 22 new CFA charterholders and 6 candidates who completed the CFA program. It was attended by CFA members, graduates, families and guests of new CFA charterholders and those who completed the CFA program, representatives from top employers of CFA charterholders and candidates, partners affiliated with CFASSL, the press and media.

Delivering the opening remarks at the event, President of CFASSL Aruna Perera, CFA, said: “The CFA credential is the professional standard of choice across the global financial and investment industry, and the CFA qualification is a global passport which provides you with the opportunity to work within the finance and investment industries anywhere in the world.”

“Today, CFA charterholders occupy key positions in Sri Lankan corporates – which is a testament to the relevance of the CFA program in the ever-evolving business world – while upholding the highest standards of ethics, education and professional excellence. Leading corporates and employers value such professionals, who can be relied upon to add value to their corporate brands, looking to attract global investments,” observed Chief Guest and Orator at the event, Gihan Cooray – Deputy Chairperson/Group Finance Director of John Keells Holdings PLC.

Guest of Honour Dilshan Wirasekara – Chairman of the Colombo Stock Exchange – noted: “CFASSL is reputed for its ethics, market integrity and professional standards of practice it advocates within the investment industry. Over the past two decades, a shared goal of uplifting the local capital markets and bringing them on par with international standards has resulted in close collaborations between CFASSL and the Colombo Stock Exchange.”

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials with 190,000 active Charterholders globally. Founded in 2001, the CFA Society of Sri Lanka is a not-for-profit organisation supporting the professional development and advancement of CFA Charterholders and candidates in Sri Lanka. Its membership of over 250 members consists of CEOs, CFOs, portfolio managers, equity analysts, banking professionals, investment advisors and other senior-ranking financial practitioners and over 300 candidates, mainly in the financial sector.

 


 


March 20, 2024
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5min

SLIM Kantar People’s Awards 2024 Celebrates Sri Lankans’ Favourite Brands and Personalities

The 18th consecutive SLIM Kantar People’s Awards concluded successfully on the 19th March 2024, at the Monarch Imperial. The Awards were presented to the winners amidst an atmosphere of glitz and glamour, marking the significance of this milestone in the annals of marketing excellence in Sri Lanka. The ceremony was attended by more than 600 distinguished guests, including top-level corporate leaders, media personnel, dignitaries and celebrities.

 



 

The Chief Guest at the event was General Shavendra Silva, while the Guest of Honour was Mr Deepal Sooriyaarachchi – Past President of SLIM. Their participation and presence underscored the significance of the occasion. The SLIM Kantar People’s Awards stands out amongst other accolades for marketing excellence as a result of its unique selection process. Instead of relying on a panel of judges or direct voting, the SLIM Kantar People’s Awards are awarded based on an extensive Islandwide survey conducted by Kantar, ensuring a democratic and comprehensive reflection of the people’s preferences and heart share.

Chinthaka Perera – President of SLIM, commented on the awards saying, “Each year we strive to add value to the SLIM Kantar People’s Awards, further enhancing this event’s recognition and credibility. These efforts are aimed at continuously improving the benchmark of excellence for marketing in Sri Lanka, and we are very pleased with the outcome this year.”

Gayan Perera – Vice President of SLIM, highlighted the practical implications of the awards stating, “While congratulating the winners, we also wish to highlight the importance and value of utilizing the findings of this extensive public survey to make informed marketing decisions at organizations. The survey data is available for purchase from SLIM, and provides a valuable resource and a treasure trove of insights for marketers.”

Himali Madurasinghe – Director at Kantar discussed certain insights into the research methodology stating, “This year, we are pleased to have educated the corporate sector extensively about our research methodology. For those interested in delving deeper, we recommend catching the webinar video on the People’s Awards Facebook page. The data we have gathered and the trends we have uncovered can help to better direct marketing efforts in the future.”

Manthika Ranasinghe – Project Chairman of the SLIM Kantar People’s Awards 2024 extended a message of gratitude saying, “I wish to thank all our sponsors, service partners, Kantar Team, SLIM staff, and the project committee who supported us tirelessly to make this project a success. Their dedication and hard work have truly paid off. The success we have achieved would not have been possible without these exceptional collaborations.”

Sanath Senanayake – CEO of SLIM congratulated the winners stating, “Congratulations to all nominees and winners of the SLIM Kantar Peoples Awards! Your dedication, passion, and innovation truly embody the essence of heart share, making a profound impact on communities.”

Ultimately, the SLIM Kantar People’s Awards 2024 concluded on a note of triumph, setting a new precedent for excellence in recognizing the brands and personalities that hold a special place in the hearts of Sri Lankans. Visit SLIM Kantar People’s Awards’ socials to catch the special moments and the winners of this year’s Awards.

 



 


March 20, 2024
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4min

Emphasizing SLIIT’s commitment to scholarly excellence, it has achieved a historic milestone by being the only Sri Lankan educational institution shortlisted for the prestigious THE Awards Asia 2024, widely regarded as the ‘Oscars of Higher Education’ in Asia.

Originating in the UK and expanded to Asia in 2019, THE Awards Asia celebrates academic excellence and innovation in higher education across the Asian continent. This year’s edition attracted well over 600 entries from leading universities in Asia.

 



 

The university’s outstanding accomplishment lies in being the sole Sri Lankan university shortlisted for the Research Project of the Year in the Arts, Humanities, and Social Sciences category. This recognition is attributed to the project titled ‘Elderly Population and Global Economies,’ Supervised by Prof. Ruwan Jayathilaka, and authored by undergraduate students Thaveesha Jayawardhana, Sachini Anuththara, Thamasha Nimnadi, and Ridhmi Karadanaarachchi from the SLIIT Business School, The research project produced three Q1 Scopus publications, achieving a rare and unprecedented recognition and showcasing SLIIT’s growing influence on the global academic stage.

Furthermore, SLIIT has secured a unique position as a Sri Lankan institution alongside renowned world-ranked universities such as Hong Kong Polytechnic and Universiti Malaysia Sarawak, thereby elevating its standing. Other prominent universities shortlisted across various categories include the National University of Singapore, Hiroshima University, and the University of Hong Kong, further highlighting the caliber of institutions SLIIT is competing against.

The foundation of this special achievement lies in the SLIIT Business School, which endeavours to nurture academic research and publications at the undergraduate level in top-ranked journals – an unparalleled activity, especially when compared to other national universities. Importantly, SLIIT’s entry for the THE Asia Awards has achieved a unique feat even globally, particularly in non-medical fields, by having undergraduate students publish three Scopus journal papers.

SLIIT Business School boasts 14 PhD holders and nine professors among its 32 tenured positions. With approximately half of the tenured faculty holding doctorates and extensive industry experience, the SLIIT Business School offers a robust full-time faculty compared to other universities that heavily rely on visiting faculty. The faculty composition also positions SLIIT Business School as a premier institution providing high-quality, research-driven education, further strengthening its reputation as a leading academic and research entity in the region.

The shortlisting of SLIIT for the THE Awards Asia 2024 is a testament to the university’s dedication to academic distinction and its growing impact on the global stage. As the university prepares to participate in this prestigious event, the significance of the achievement cannot be overstated, marking a critical moment in SLIIT’s academic journey.

 



 


March 18, 2024
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4min

March 18, 2024, Colombo: Ceylon Tobacco Company PLC (CTC) recently bestowed the company’s highest honour, the ‘Chairman’s Award 2023’, on Asela Gunasinghe, Factory Electrical Technician. The award recognises the outstanding personal contribution to the growth and development of the company during the year, from among all the company’s employees.

 



 

Asela single handedly completed an emergency complex repair to CTC’s leaf processing machinery to ensure business continuity. The company recognized his exemplary leadership and drive in the delivery of business results and operating excellence.

“Winning the Chairman’s Award has been one of the greatest honours of my professional career and I am so happy to have been able to make a positive contribution to the company” said Asela. “At CTC, we are given the space to perform at our best and this award is a recognition of the enabling culture that has allowed me to take on the leadership of a challenging project and deliver exceptional results. I consider it a privilege that my work helped secure the sustainability of our company.”

Lakshitha Rajendra and Wijerathne Bandara were adjudged first and second runners up respectively, while the group award was won by a six-member team from Operations, comprising Yasantha Manukulasooriya, Vinoth Prasath, Harith Samarasinghe, Prashan Chinthaka, Sameera Mendis and Chandana Jagath, who were recognized for their exceptional skills across the manufacturing operations of the company.

Yasantha Manukulasooriya, SMD Manufacturing Manager, representing the Operations Team that won this award said, “2023 was a landmark year for the Operations function, with the team setting 23 new records in machinery performance. I am proud of my team for putting CTC on the map in the global sphere as they set a benchmark for BAT factories across Asia Pacific, Middle East, and Africa (APMEA).”

Monisha Abraham Chief Executive Officer and Managing Director of CTC said, “I would like to congratulate all the winners and nominees this year. I am inspired by their commitment to elevate the business further, despite multiple challenges faced. At CTC, we take pride in nurturing talent that is empowered to responsibly take bold initiatives and transform the business, whilst furthering personal growth of our employees.”

CTC is an equal opportunity employer that recognizes the hard work and innovation of its people through their initiatives, inspiring employees to scale new heights and shape their thinking towards working proactively.

 



 


March 15, 2024
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3min

14 March 2024, Colombo: Seylan Bank announced its ongoing partnership with Kedalla Construction Expo 2024 as the Title Partner for the 12th consecutive year. The expo, recognized as Sri Lanka’s premier construction and home decor exhibition, is organised by Asia Exhibitions & Conventions (Pvt) Ltd and is scheduled to take place from March 22nd to March 24th at the Bandaranaike Memorial International Conference Hall (BMICH).

Seylan Bank, with its comprehensive range of banking products and services, will be a prominent presence at the event. Visitors can explore a diverse portfolio of offerings including Housing and Personal Loans, Leasing Facilities, Credit Cards, Current and Savings Products, and more.

 


 

A team of Home Loan Specialists from Seylan Bank will be present at the expo, as part of their commitment to empowering homeowners. These specialists will be available to provide expert advice and guidance on home loans, ensuring attendees secure the financing they need with competitive interest rates. Moreover, customers can expect personalised assistance throughout the loan application process, with dedicated specialists proactively keeping them informed about the progress.

Seylan Bank will also introduce Seylan Solar Loans at the expo for the first time since its launch in November 2023. With approximately 35 merchants already onboard and plans for further expansion underway, the Seylan Solar Loans initiative aims to address the rising concerns over power consumption and escalating electricity bills. Visitors can take advantage of fixed interest rates to invest in solar energy solutions, thereby contributing to sustainability efforts while enjoying long-term cost savings.

“As a longstanding partner of Kedalla Construction Expo, Seylan Bank takes great pleasure in continuing this partnership in 2024 as well,” said Asiri Abhayaratne, Assistant General Manager – Marketing & Sales, Seylan Bank PLC. “Our participation underscores our commitment to empowering individuals and businesses with tailored financial solutions, whether it’s securing a dream home or embracing sustainable energy alternatives.”

The Kedalla Construction Expo 2024 promises an extensive showcase of over 200 trade stalls featuring a wide array of construction-related products and services. From building materials and home appliances to architectural consultancy and financial solutions, attendees will have access to everything they need to realise their construction and home decor projects. For further information on home and solar loans, customers can contact Seylan Bank’s hotline on 011-200 88 88.

 


 


March 11, 2024
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4min

In a significant advancement for Sri Lanka’s marketing arena, the Sri Lanka Institute of Marketing (SLIM) has recently announced the launch of the 2024 edition of the SLIM-Kantar People’s Awards. This event stands out as the only awards ceremony in the nation dedicated to honouring the choice of the people. It is set to reveal the brands and personalities close to their hearts.

The 19th edition of the SLIM Peoples Awards is on the horizon, featuring the partnership between SLIM and Kantar, a leading global research agency, since 2021. This collaboration has elevated the credibility of the SLIM-Kantar People’s Awards, ensuring rigorous research methodologies are incorporated into the process starting in 2022.

 



 

From the webinar, attendees received valuable insights into the research methodology used by the SLIM-Kantar People’s Awards, which made up 80% of the session’s content. Himalee Madurasinghe, Head of Kantar, explained the methodologies and associated research standards, offering attendees a deeper understanding of how brands and personalities are identified based on their resonance with the Sri Lankan populace.

Mr. Manthika Ranasinghe, the Project Chairman of the 2024 edition, emphasized the importance of educating participants on the scientific research methodology behind the awards selection. For those who were unable to attend the webinar, the recorded session is available for viewing on SLIM People’s Awards social media platforms, including Facebook, Instagram, and LinkedIn.

Adding value to the webinar, Mr. Gayan Perera, Vice President of SLIM, emphasized the importance of understanding various scientific methodologies, stressing the value of data-driven decision-making in today’s competitive market environment. Furthermore, he highlighted that award recipients are not chosen randomly; they are a reflection of the nation’s standards and preferences. During the webinar, Attendees were encouraged to leverage the insights provided by the SLIM-Kantar People’s Awards to inform their marketing strategies and strengthen their brand positioning.

Stay informed with the exciting updates regarding the SLIM Peoples Awards! If you were unable to attend the webinar, you can stay updated by visiting the SLIM Peoples Awards social media pages. There, anyone has the opportunity to watch the webinar live without missing anything.

Additionally, for those eager to delve deeper into the research data findings presented during the event, they will be available for purchase directly from SLIM starting March 20th.

The highly anticipated Grand Finale is set to take place on March 19th at the prestigious Monarch Imperial Colombo. It promises to be a glamorous affair attended by corporate luminaries, media personalities, and esteemed celebrities. Stay connected and be part of the excitement surrounding this prestigious event!

 



 


March 11, 2024
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3min

08th March 2024: Serendib Flour Mills, Sri Lanka’s leader in wheat flour manufacturing, attended the globally renowned Gulfood 2024 exhibition in Dubai together with key customers.

A delegation from Serendib Flour Mills alongside key clientele were present at the event which not only showcased culinary innovation but was also a forum for forging valuable industry connections.

 



 

As a purpose-led organization focused on ‘Nourishing the Nation’, Serendib Mills attended the global platform to explore cutting edge food technology, sustainability trends and create bonds within the international food industry. It also enabled the company to facilitate an exclusive opportunity for key customers to gain knowledge and global connections through Gulfood 2024 demonstrating the company’s commitment to supporting their individual growth.

By participating in the event, Serendib Flour Mills leveraged the capabilities of Al Ghurair, its parent company in Dubai UAE, which has a strong presence across the Gulf region’s food and beverage sector having attended the exhibition annually.

The Gulfood Exhibition which took place from February 19-23, 2024, is the premier B2B platform and the world’s third largest annual food and hospitality trade fair. The event provided a unique opportunity for suppliers, buyers and manufacturers to connect, engage in new partnerships and discover the latest F&B innovations from over 190 countries.

With over 5,500 exhibitors and 190 country pavilions, Gulfood 2024 was an unparalleled presentation of culinary mastery, sustainability initiatives, and innovative products. Attendees witnessed extraordinary culinary demonstrations by Michelin-starred chefs, participated in masterclasses, and engaged in networking opportunities to explore the forefront of the food and hospitality sectors.

 



 


March 11, 2024
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5min

11 March 2024: Standard Chartered Bank’s Global Research team conducted its 2024 H1 Global Research Briefing (GRB) in Sri Lanka recently, themed ‘A soft landing, with risks’. The event took place on 4 March at the Galle Face Hotel Colombo and was attended by corporate, commercial and institutional banking clients of the Bank. It provided a valuable platform for participants to gain insights on the global and Sri Lankan economic outlooks for the first half of 2024.

 



 

The briefing opened with welcome remarks from Anuk De Silva, Head of Corporate Affairs, Brand & Marketing at Standard Chartered Sri Lanka, followed by an opening address by Bingumal Thewarathanthri, CEO of Standard Chartered Sri Lanka. Central Bank Governor, Dr. Nandalal Weerasinghe, delivered the keynote speech.

During his keynote address, the Governor commented on the country’s overall growth and the future inflation trends. Dr. Weerasinghe also elaborated on the importance of fiscal and other policy reforms, and strategies to mitigate future domestic and external risks by building on the country’s reserves. He also spoke of how Sri Lanka is expected to have a turnaround with a positive growth momentum in 2024 and how the Central Bank is hoping to maintain the inflation at 5% in the medium to long-term basis to aid growth.

The Global Research team focused on economic trends, strategies and views for the year ahead. The thought-provoking sessions were conducted by Kaushik Rudra, Global Head of Fixed Income Research and Head of Asia Research at Standard Chartered, who presented the global economic outlook for 2024. This was followed by the Sri Lanka outlook for 2024 presented by Standard Chartered’s Saurav Anand, Economist – South Asia.

Presenting the global economic outlook, the Standard Chartered research team noted that in 2024, global growth is expected to face persistent challenges from elevated rates, sub-par global trade volumes, and geopolitical tensions. The year is anticipated to be defined by a shift from monetary tightening to a more neutral monetary stance for global central banks. As divergence under the surface continues and the USD and US rates stabilise, emerging markets may experience pockets of improved performance. However, the new challenge for economies and markets in the year ahead may be election risk.

Turning to Sri Lanka, the team stated that Sri Lanka’s economy showed a strong recovery in 2023 following the IMF deal, and the economic recovery is expected to continue in 2024, with a focus on commercial debt restructuring. However, the potential election risk could create challenges for Sri Lanka in the year ahead.

Bingumal Thewarathanthri, CEO of Standard Chartered Sri Lanka said, “Standard Chartered is firmly committed to supporting Sri Lanka amidst economic headwinds. We are fully dedicated to assisting the government’s endeavours, and we believe that debt restructuring, and collaborative efforts will achieve positive outcomes for the country. Despite the current uncertainties, we are optimistic for a brighter economic future and remain hopeful of achieving sustainable growth and prosperity.”

A panel discussion moderated by Tamani Dias, Standard Chartered Sri Lanka’s Head of Local & International Corporates, enabled clients to receive further insights from the panellists on economic issues and perspectives. The GRB concluded with an interactive Q&A session.

 



 



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