SLCBCC Business Star Awards 2016 launched

SLCBCC President Emil Kronemberg and Project Chairman Indika Salgado launch of ‘SLCBCC Business Star Awards 2016’

The Sri Lanka-China Business Cooperation Council launched the ‘SLCBCC Business Star Awards 2016’ recently at Hotel Galadari. This event is aimed at recognising Sri Lankan entrepreneurs engaged in business activities with China and who have made significant achievements through exemplary business practices. 

The Annual Business Star Awards is the SLCBCC’s flagship event. Its aim is to encourage the entrepreneurs to do more business with China while following good business practices.

The competition, organised by the Sri Lanka China Business Cooperation Council, is held for the sixth time this year. The competition will be held for four sectors, Exports, Imports, Manufacture and Services, under three categories, Small, Medium and Large.

The Chinese companies in Sri Lanka are eligible to take part at the competition and their performances will be assessed by a panel of independent judges and the winners will be awarded with appropriate Star Awards at the same function.

The selection criteria and evaluation schemes are carefully worked out by a panel of experts. The criteria for evaluation is based on business and financial performance, excellence in product and process innovation, reach in the global market, knowledge integration, technological investment, capital investment towards future growth, implementation of best management practices, successful corporate governance and implementation of corporate social responsibility.

Evaluation will be done category wise and sector wise in three stages, desk review, interviews and Judges’ review, by an independent panel of judges comprising of eminent professionals to ensure the impartiality and transparency. Gold, Silver and Bronze Star awards will be awarded to the winners, of each group and the overall winner will be awarded the Pinnacle Star.

The awards presentation ceremony will be held on 15 September at the Grand Ballroom, Galadari Hotel, and Colombo, commencing at 7 p.m., under the distinguished patronage of representatives from the Chinese Embassy, senior Government officials, corporate heads and business leaders and followed by a banquet.

A souvenir to mark the event will be issued at the awards presentation ceremony, which will give a brief account of the history and achievements of the Council along with the Council’s membership directory.

The Sri Lanka-China Business Cooperation Council (SLCBCC) was established in 1994 with the primary objective of promoting and strengthening bi-lateral Business relationship between China and Sri Lanka. SLCBCC is one of the oldest and most active bilateral business councils in Sri Lanka.

During the past 22 years the council has performed remarkably well towards achieving these objectives, and in addition initiated and organised significant events of national interest to both countries. The Golden Jubilee celebrations of the signing of the Sri Lanka China Rubber Rice Pact held in 2002, and the Golden Jubilee celebrations of Establishment of Diplomatic Relationship between the two countries held in 2007 are examples.