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Sunday, 20 April 2014

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SLSBC members meet Singapore Foreign Minister

The members of the committee of the Sri Lanka-Singapore Business Council (SLSBC) recently met the Minister of Foreign Affairs and Minister of Law of Singapore, K. Shanmugam.


Seated (from left): B. C. Tan of Prima Group, Singapore’s High Commissioner to Sri Lanka, Karan Singh Thakral, President, SLSBC, Shamil Mendis, Minister of Foreign Affairs and Law of Singapore, K. Shanmugam, SLSBC Vice Presidents Prajeeth Balasubramaniam and Rohitha Mendis. Standing (from left): Rohantha Peiris of Aitken Spence Cargo, Andre Fernando of Mac Holdings, Pravir Samarasinghe of Overseas Realty, Damitha Perera of Forbes and Walker, Janaka Gunasekera of A. Baur and Company.

The meeting took place over lunch hosted in honour of the Minister and his delegation at the Taj Samudra.

The discussion included a broad range of topics pertaining to business between Singapore and Sri Lanka.

There has been renewed interest from Singapore companies to partner Sri Lankan companies across the areas of infrastructure, retail, education and logistics sectors.

There have been inward business missions led by International Enterprise (IE) Singapore, the Singapore Business Federation (SBF) and the Singapore Indian Chamber of Commerce and Industry in the past with IE Singapore recently accompanying Hyflux of Singapore, a leading global fully integrated water solutions company to meet with potential partners in Sri Lanka. The Sri Lanka-Singapore Business Council will lead a delegation to the Sri Lanka Seminar organised by the Singapore Business Federation in June is expected to be attended by members of the SBF.

The Singapore Business Federation is Singapore's apex and largest Business Chamber with over 16,000 members.

The delegation will engage in business networking sessions with member companies of leading Chambers in Singapore.

In 2012, the Minister visited Sri Lanka accompanied by a high powered business delegation of 21 members coordinated by the Singapore Business Federation (SBF) to meet Sri Lankan counterparts at a well attended Business Forum organised by the SLSBC. Among the major Singapore investors in Sri Lanka are Prima, Overseas Realty with an investment of over US$ 650 million and Keppel Land.

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