Sunshine Holdings to support CCC’s efforts in resetting SL economy for next normal

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For the seventh consecutive year, Sri Lanka’s diversified conglomerate Sunshine Holdings (CSE: SUN) will support the country’s premier economic forum, the Economic Summit 2021.

Hosted annually by Ceylon Chamber of Commerce (CCC), the foremost economic event of the country will be held on December 6-7, as a hybrid summit catering to participants who would join online as well as participate in-person, at Shangri-la Colombo.

The theme for this year’s Summit—‘Springboard for revival: Opportunity to reset’ – is based on creating an environment that will be a launchpad for recovery with leveraging on the opportunity to utilize this period to transform. SLES 2021 will bring together key policymakers, business leaders, top international thought leaders and experts in discussing this environment.

The theme has been suitably chosen as Sri Lanka looks to recover from the pandemic related impacts while navigating external debt concerns as it rebuilds back better. The Summit recognizes the need to balance growth priorities, manage the debt dynamics while facilitating more export inflows.

As the Gold sponsor, Sunshine Holdings will play a key role by promoting deliberation and discussion on shaping a turnaround for the Sri Lankan economy whilst delving deep into key areas such as trade, investment and services that will help drive the cause.

Group Managing Director, Vish Govindasamy speaking of the sponsorship, said, “Sunshine Holdings takes pride in supporting an event of the calibre of the Sri Lanka Economic Summit, a premier thought leadership forum in the country which generates much needed dialogue on issues which are critical to springboard the Sri Lankan economy amidst numerous macro challenges. As a responsible entrepreneur, who has shaped Sri Lanka’s economic drive over the last five decades, we extend our fullest support to the Sri Lanka Economic Summit and we look forward to this year’s event with great anticipation”.

In addition to supporting the summit through the Gold sponsorship, Sunshine Holdings will also contribute towards intellectual discourse at the event with its Group Managing Director, Vish Govindasamy participating as the Chairman of the CCC at the first session of the event titled ‘Setting the Macro Foundation for Growth’ – a high-level panel discussion highlighting Sri Lanka’s key economic challenges such as managing the external debt repayments in the next five years, while focusing on growth..

Sunshine Holdings:

Sunshine Holdings PLC is a diversified conglomerate contributing to ‘nation-building’ by creating value in vital sectors of the Sri Lankan economy – healthcare, consumer products and agribusiness. Established in 1967, the Group is now home to leading Sri Lankan brands such as Zesta Tea, Watawala Tea, Ran Kahata, Daintee Confectionary and Healthguard Pharmacy, with over 2,300 employees and revenue of Rs. 24 Billion.

The business units comprise of Sunshine Healthcare Lanka, Sunshine Consumer Lanka and Watawala Plantations PLC, which are leaders in their respective sectors and many of them certified as a “Great Place to Work” in 2021.