Sept 06, Colombo: Sri Lanka-Singapore Business Council (SLSBC) over the years has played
the role of the catalyst to its members and other Sri Lankan corporates to
promote bilateral trade between the two countries.
This year, the SLSBC led a
delegation of 31 Board level individuals from 26 local companies drawn from a
multitude of industry sectors to explore opportunities. What was special this
time around is that the delegation consisted of 11 Tech startups looking to
accelerate growth in the region. SLSBC ensured and created plenty of
opportunities for the delegates to leverage the strength of the network and get
B2B meetings organized successfully fully supported by partner chambers in
The SLSBC program kicked off officially
on Wednesday 21st August with a reception hosted by the Sri Lankan High
Commissioner in Singapore.
The highlight of the two day program
was the SL Investor forum hosted by Enterprise Singapore (ESG) and the
Singapore Business Federation (SBF) the premier Chamber in Singapore supported
by the SL High Commission. The event was well attended by representatives of
Singapore companies including some from the "Wish List" of companies shared by
the delegates and followed by B2B meetings with the delegates.
SLSBC introduced a novel approach
by introducing several field visits as a learning journey especially for
startups. A visit to ADERA was organized by SGTech on
Wednesday afternoon mainly for the tech startups of the delegation. SGTech is a
network that supports tech companies in Singapore. ADERA is a Singapore global
company changing the future of data security and automation.
The first day began with a visit
to the innovation and entrepreneurship exhibition hosted by the Singapore
Chinese Chamber of Commerce and Industry (SCCCI). The Chinese Chamber board
warmly welcomed all the delegates where discussions were held on promoting the
respective Companies to go to China via Singapore.
The second day had two tracks for
Tech companies and the rest of the delegation with other business interests.
In Track 01, tech enabled
companies went to A*ccelerstor, the commercialization arm of the Agency for Science, Technology and
Research (A*STAR), and Action
Community for Entrepreneurship (ACE) is a national private sector-led organization
to drive entrepreneurship and innovation in Singapore. ACE plays a key role in
building a dynamic and sustainable startup ecosystem in Singapore.
Track 02 involved a
networking session with the members of the Singapore Indian Chamber of Commerce
and Industry (SICCI) for the rest of the delegates at Singapore Recreation
Club. SLSBC took the opportunity to sign a MOU with SICCI which was witnessed
by the SL HC in Singapore.
The delegates also visited the
KPMG digital village or "Ignition Center" where all 35 delegates experienced
the digital transformation of traditional products or companies where
innovation was introduced using technology to make the product offering more
acceptable to today's market.
The program ended on Friday with many positive comments from delegates
where some are highlighted below.
The SLSBC mission to Singapore
has been extremely helpful in highlighting not only established Sri Lankan
organizations but startups as well. As a Regional Technology Consulting
organization we were able to articulate value across a variety of stakeholders
in Singapore who would also take our message to the region -Mithila Wegapitiya - Director/COO of Potenza
Participating in the Sri Lanka –
Singapore Business Council Trade and Investment Promotion Mission to Singapore
this year has been extremely valuable to us. As the delegation was from the
Ceylon Chamber of Commerce, the Singapore Business Federation and Enterprise
Singapore extended their fullest support to the Mission and made some very
valuable introductions in addition to giving us in-depth understanding of the
Singapore technology eco-system and how to work with them. - Eric
Wickramanaya - MD TENGRI AERO Industries Pvt Ltd.
SLSBC arranged two thirds of my
prospective partner meetings in Singapore. The Head of Mission advised me to
submit YKG's wish list of "companies to meet" ahead of time, so that SLSBC's
partner chambers in Singapore would have sufficient time to contact companies
and set up meetings. I was very impressed by the breadth and depth of SLSBC’s
partner network in Singapore, and would highly recommend other Sri Lankan
companies to make maximum use of CCC's overseas partners to open doors for them
in foreign markets. I am very grateful to SLSBC for arranging YKG’s most
fruitful overseas business trip. -Yukthi Gunasekera, Managing Director
of YKG Associates.
It was a great and interesting
trip to Singapore for the SLSBC Business Delegation. It was particularly eye
opening to have a look at some of the innovations happening across the globe in
the tech industry, in particular it was great to be able to view the
opportunities that might be available and useful with regard to the Gem &
Jewellery industry in Sri Lanka and Globally. We look forward to seeing how we
might be able to collaborate and find some value addition to our businesses as
a result. -Armil Sammoon - Chairman, Sapphire Capital Group, Sapphire
In the future we hope to expand the program to benefit many companies looking for bilateral trade with the region.
Companies that took part this year were SLSBC President Mr. Rohitha Mendis (Mission Leader), Prudential Shipping Lines (Pvt) Ltd; Mr. Ahzar Zawahir, Beauty Gems; Mr. Prajeeth Balasubramaniam, BOV Capital (Pvt) Ltd; Mr. Mahen Weerasekera, Capitol Developers Ltd; Mr. Suhayl Sanghani, Ceylon Jewellry Manufacturers (Pvt) Ltd; Mr. Sriyal Dissanayake, Eastern Maritime (Colombo) Ltd; Mr. Tharushka Fernando, Infomate (Pvt) Limited; Mr. Suhada Chrishan Mendis, Just in Time (Pvt) Ltd; Mr. Indhra Kaushal Rajapaksa, Kalhari Enterprises; Mr. Dulith Herath, Kapruka (Pvt) Ltd; Mr. Shiluka Gunawardena, KPMG; Mr. Mohit Pande, Linear Squared (Pvt) Ltd; Mr. Tilak Gunawardena, MAC Holdings (Pvt) Ltd; Mr. W M A K Chandrawansha and Mr. E.P.Harischandra, Malith Engineering Works; Mr. Martin Strommer, nCinga Innovations; Mr. Chrishan Perera, OMAK Technologies (Pvt) Ltd; Mr. Mithila Wegapitiya and Mr. Dhanusha Muthukumarana, Potenza Pvt Ltd; Mr. Rishantha Mendis, Prudential Shipping Lines (Pvt) Ltd; Mr. Dilendra Wimalasekere, Reap Digital Pvt. Ltd; Mr. Abdur Rahman Haroon and Mr. Mustafa Kassim, Roar Global; Mr. A. Samson C De Silva, S.S Shipping (pvt) Ltd / S.S. Impex (Pvt) Ltd; Mr. Jeevan Gnanam, SAKS Analytics (Pvt) Ltd; Mr. Shamil Mendis, Spear International (Pvt) Ltd; Mr. M. H. K. M. Hameez, Spillburg Holdings (Pvt) Ltd; Mr. Eric Wikramanayake and Mr. Romesh Ranawana, Tengri Aero Industries (Pvt) Ltd Mr. Armil Sammoon, Sapphire Cutters (Pvt) Ltd; Mr. Yukthi Gunasekera, YKG Associates (Pvt) Ltd; Mr. Prasanjith Wijayatilake and Mr. P. Karunatilake, Board of Investment of Sri Lanka.
The mission was co-ordinated by Ms. Dinithi Dias, Manager, Business Councils of The Ceylon Chamber of Commerce (Media Release)