Fri, 20 May 2022 Today's Paper

Lobby politicians but don’t trust them, says Brandix boss

4 August 2016 11:11 am - 0     - {{hitsCtrl.values.hits}}

A A A

Continuing the trend of criticism that the government received from the economists on the first day of the Sri Lanka Economic Summit, one of Sri Lanka’s top apparel manufacturers said that the private sector cannot rely on the government to create a better business environment.


“I think we must lobby the politicians, but we must not rely on the politicians, because nothing will happen,” Brandix Lanka Limited CEO Ashroff Omar said during the second day of the event organised by the Ceylon Chamber of Commerce.


He noted that the impressive policy speeches given by the politicians must eventually be converted into action in order to raise confidence.

“I’m very sceptical—maybe because of the age—that the ideas are good; but unless they are put into action and implementation is followed,” he pondered.


The government has admitted that there is too much state sector involvement in the economy and that the private sector should be given more freedom. Finance Minister Ravi Karunanayake at the Economic Summit charged that the private sector was risk averse to investing in new ventures. Omar noted that the private sector desires to invest in programmes if the government is willing to partner with them, which was seen when US $ 35 million was committed to creating a private university during a round table discussion chaired by the Prime Minister’s Senior Advisor Charitha Ratwatte.


“But it needs leadership. So we have to get together to make sure we have an immediate programme with which we can start implementing  those steps by the end of this year. Otherwise, we will sit at the next year’s forum and still discuss similar things,” he said.


He noted that if such action is not forthcoming, all the time, money, brains and energy spent on creating plans will go to waste. The government has plans to create one million new jobs by 2020. However, Omar noted that the largest industry in Sri Lanka is the three-wheel taxi industry, which has over one million happily employed. (CW)

 

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


What’s next for the Sri Lankan Economy?

Monday’s briefing by Prime Minister Ranil Wickremesinghe was a rude awakeni

Who do we subsidize through fuel subsidies?

The economic crisis, the outcome of months of mismanagement by the Gotabaya R

“The interim government should operate for one year”- Champika Ranawaka

Samagi Jana Balawegaya (SJB) MP Patali Champika Ranawaka in an interview with

Constitutional Reform for ‘System Change’

A peaceful democratic ‘revolution’ is sweeping across Sri Lanka. It is a