Sri Lanka’s economy has been rattled by severe volatility, significant deteriorations in equity values and difficult credit markets in recent times, but the optimists are hopeful that signs do point to improving financial conditions that will lead to better economic times as next year unfolds by inspiring the business community to understand the concept of [...]

The Sundaytimes Sri Lanka

Better economic times through the concept of ‘winning’

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Sri Lanka’s economy has been rattled by severe volatility, significant deteriorations in equity values and difficult credit markets in recent times, but the optimists are hopeful that signs do point to improving financial conditions that will lead to better economic times as next year unfolds by inspiring the business community to understand the concept of ‘winning’.

“Today the global economy is facing numerous challenges such as slow growth, fiscal imbalances and recurring liquidity crises. Almost all the economies in the world are subject to high levels of volatility and experience business uncertainties. Therefore, the conference committee believes in inspiring our membership and the business community to understand the concept of winning, in order to cope up with the challenges facing the country, corporate and citizen,” Lasantha Wickremasinghe, Chairman of this year’s National Conference of Institute of Chartered Accountants Sri Lanka (ICASL) and Partner B.R. de Silva and Company, told the Business Times.

This year, the conference will see a total of six technical sessions featuring an eminent panel of highly skilled experts who will identify means of conquering uncertainties that stem from various conditions in achieving desired goals, thereby ensuring ‘Winning’. This is scheduled to be held from 18th to 20th October at the Waters Edge, Battaramulla.

Every year the national conference sees an impressive participation of chartered accountants. Last year alone, over 1000 chartered accountants including top business leaders representing leading companies in the country participating at the annual event, thereby making it among the most successful conference’s in recent times.

ICASL President Sujeewa Rajapakse noted that at a national level, winning is imperative to bring about a positive outlook, while reducing volatility in the economic environment, foster prospects to attract more investments, improve regional and global coperation and thereby a robust economic development in the country.




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