Mixed outcome for Lankan businesses-MTI
The MTI 2013 CEO Business Outlook Survey, which saw the participation
of 150 CEO from diverse industries/sizes, has been well received by the
CEOs and the business community as a balanced and insightful outlook for
2013.
Published below is a cross-section of the post MTI Survey comments by
some of the CEOs who took part in the survey
"The CEO business outlook survey for 2013 by MTI clearly indicates a
mixed outcome on the outlook for Sri Lankan businesses. It has provided
an interesting insight into what business leaders actually expect in
2013. For HSBC, given our global footprint and the knowledge and
experience in dealing with a variety of clients in key markets, we are
well placed to support our customers in Sri Lanka to explore new
business opportunities from a local, regional and global perspective.
We will be supporting the country's aspiration to support tourism,
build up infrastructure and take local companies to the offshore bond
markets." Nick Nicolaou, CEO, HSBC
"I believe the MTI CEO survey report has captured the essence of the
business sentiment and challenges for Sri Lankan businesses in 2013 in
an incisive yet concise manner, which must be commended.
There is little more to add, but suffice to say that businesses will
look to the government to steer the country's macro economic and fiscal
agenda wisely, ensuring stability and address the gaps in governance
that is vital for good business and the society at large.
Businesses focussed on the local market will have to reignite
consumption and volume growth, while exporters will have to employ more
innovative strategies and enter white space categories and markets to
accelerate export growth." (Amal Cabraal, Chairman, Unilever)
"While most global challenges will continue into 2013, agile
responses are required locally, alongside the Infrastructure investment
drive to create a conducive business environment. I expect overall
corporate performance to improve slightly above 2012 demonstrating the
entrepreneurial drive of our corporate sector.
My congratulations to MTI for a short and sharp survey capturing the
sentiments of CEOs on the global economy, perceived challenges locally
and expectations on achieving growth. In their own businesses, the
format was user friendly and simple" (Asite Talwatte, Managing Partner
E&Y)
"A valuable survey of business sentiment, particularly on what CEOs
in Sri Lanka thinks how the global and Sri Lanka economies will pan out
in 2013. I am sure 2013 will be a better year than 2012 for all of us
here in Sri Lanka although we have several major business challengers to
overcome", said Ravi Abeysuriya Direct CEO Heraymila Securities.
"I see 2013 as a challenging year, particularly for the
automotive/leasing sectors. Congratulations on compiling realistic CEO
business outlook for 2013," said Tilak De Zoysa, President of AMW |