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Service of National Chamber of Commerce lauded

The National Chamber of Commerce, since its establishment in 1948, has consistently rendered yeoman service over the decades in the cause of local entrepreneurship and can look back on its achievements with genuine satisfaction, External Affairs Minister Prof GL Peiris said addressing the 52nd Annual General Meeting of the National Chamber of Commerce at Hotel Galadari, as Chief Guest. At this event Asoka Hettigoda assumed the mantle of leadership of the Chamber in succession to Chandra Lal de Alwis.


The 52nd Annual General Meeting of the National Chamber of Commerce was held last Friday under the patronage of External Affairs Minister Prof GL Peiris. Here Prof Peiris addressing the gathering. Guest of Honour Central Bank Governor Ajith Nivard Cabraal, also participated at the event

The principal characteristic of the National Chamber throughout its history has been emphasised on local identity and culture. National Chamber of Commerce has moulded and developed its policies in keeping with the requirements and aspirations of the local business community, Prof Peiris said.

He laid particular stress on the valuable work done by the Chamber for the benefit of the small and medium sector, more than 1,100 of whose companies have derived benefit from initiatives of the National Chamber. Prof.

Peiris made reference to the work done by the Chamber, with magnificent results, in such fields as micro credit, marketing, value addition by having recourse to modern technology and the establishment of synergies and networking.

Prof Peiris, warmly felicitating Asoka Hettigoda on his assumption of office, said he was accepting these responsibilities with the advantage of a proven track record.

The fourth generation company, Siddhalepa, epitomizes an exemplary blend of the best practices inherent in globalization with a firm anchor in local tradition.

The Minister observed that Hettigoda, in dealing with the daunting challenges that await him, will be greatly assisted by the favourable macro-economic environment in the country. He emphasized, in particular, the measures adopted by President Mahinda Rajapaksa, in his recent budget, to increase the volumes of credit available to the SME sector and the vigorous thrust towards development of infrastructure and the nurturing and refinement of skills.

He also referred to the positive climate with regard to foreign direct investment and international trade.

Central Bank Governor Ajith Nivard Cabral, was Guest of Honour at the event

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