Sunday Dec 15, 2024
Sunday Dec 15, 2024
Thursday, 19 November 2015 00:00 - - {{hitsCtrl.values.hits}}
An exclusive forum for corporate clients, organised by HSBC, to discuss the highlights of the 2016 Budget will be held from 6 to 8 p.m. at the Oak Room at Cinnamon Grand Colombo on 23 November.
Minister of Finance Ravi Karunanayake will address the Sri Lankan business and investor community and open dialogue on the implications of the first budget of the new Government for trade, business and economy. Central Bank Governor Arjuna Mahendran will also be present and join in the Q&A hosted at the end of the Minister’s speech.
Given the impact of the interim budget on most businesses which resulted in volatile market conditions, changing tax structures and an uncertain policy environment, the Sri Lankan corporate community and investors will be keen to understand the direct and indirect implications of the proposed new Budget on their businesses.
Stability and support on their home ground will be the most important element for the business to look towards a more sustainable growth while being competitive in the capricious global market. The forum, organised by HSBC, will address issues and points vital for large local corporates, mid-market enterprises and multinational corporations alike.
At a time when clarity and credibility is crucial for all businesses, so that they may make informed decisions that impact the Sri Lankan economy at large, the HSBC client forum provides a platform for businesses to open a meaningful dialogue with key stakeholders and policymakers.
HSBC, Sri Lanka’s leading international bank, has been an intrinsic part of the local business community for the past 123 years. The breadth and depth of financial expertise and thought leadership which are inherent to HSBC has seen the bank partner with the Government of Sri Lanka as well as the majority of country’s blue-chip clients which include many large corporates and mid-market enterprises.
The bank is actively involved in the long term economic development of the country participating in raising funds for infrastructure development. HSBC Sri Lanka was awarded as the ‘Best Foreign Bank in Sri Lanka’ for 2015 by Finance Asia.
