Sri Lanka - from pearl drop to tear drop - 25 May 2022

SRI LANKA from pearl drop to tear drop WEDNESDAY, 25 MAY, 2022 6:00 PM - 7:30 PM MMA MANAGEMENT CENTER CHENNAI

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Known as Serendip and meaning 'pleasant surprise' from ancient times, Sri Lanka, which was also known as a 'pearl drop' for its geographical shape, is now anything but that. Instead, it looks more like a 'tear-drop' for all Sri Lankans that it has

MROFTALP EHT

been through most of the post-Independence era, beginning 1948.

The

unprecedented

economic

crisis,

a

legacy

issue

made

worse

by

the

unthinking

initiatives

of

incumbent

President

Gotabaya Rajapaksa, coupled with his ruling Sri Lanka Podujana Party (SLPP) combine's two-thirds majority in Parliament, have all landed the nation in a mess, when it should be more worried about post-Covid economic recovery, which is already happening in many island-nations of the kind in the Indian Ocean neighbourhood.

While the Indian neighbour is readily pitching in with huge forex assistance coupled with food and commodities supplies against a long-term credit arrangement, Sri Lankans are getting entangled in an unsolvable politico-constitutional crisis of their own making. What was touted as South Asia's 'Arab Spring' and 'Orange Revolution' is getting increasingly deadlocked because the faceless organisers or their unidentified prompters did not think of the day-after.

All of it produces geo-economic, geo-political and geo-strategic opportunities and challenges for the Indian neighbour. So does it have opportunities and challenges for Indian investors and traders alike, with no clarity in sight on any issue, any soon -- as much for India and the rest of the world, as for the locals, whose daily sufferings are only bound to worsen.

5:15 PM

Registration & High Tea

6:00 PM

Welcome Address

Gp Capt R Vijayakumar (Retd), VSM Executive Director Madras Management Association

EMMARGORP

6:05 PM

Opening Remarks

and

overview of the seminar

6:15 PM

Address by the Guests of Honour

Mr N Sathiya Moorthy Convenor, Policy Matters - Chennai

Ms Nirupama Subramanian Senior journalist, National Editor (Strategic Affairs) The Indian Express

Mr Srinivasa Babu Chief Executive, S. Duraisamy & Sons, Tiruppur

Mr Abbas Sethwala Chief Administrative Officer, Expo Freight Pvt Ltd (EFL Global India)

6:45 PM

Fireside Chat

Led by:

Mr N Sathiya Moorthy 7:15 PM

Q & A

7:25 PM

Vote of Thanks

ELIFORP

Ms Nirupama Subramanian is a senior journalist and is at present the National Editor (Strategic Affairs) of The Indian Express (different from The New Indian Express) in Delhi.

Nirupama Subramanian

She was the Foreign Correspondent for The Hindu in Colombo, 1996-2002.

Nirupama has authored the book, 'Sri Lanka: Voices from a War Zone'.

ELIFORP

Mr Srinivasa Babu is the Chief Executive and partner of S. Duraisamy & Sons, who sources the order for knitted garments & executes the same. Travel around the world to meet customers, also responsible for maintaining quality at factory with systems.

Srinivasa Babu

Abbas Sethwala is the Chief Administrative Officer of Expo Freight Private Limited (EFL Global India), one of the largest Freight Forwarders in India with 19 branches across the country. He oversees all aspects of Administration in India including Finance, Human Resources, IT, Legal & Compliance and Internal Audit. Abbas comes from a strong finance

ELIFORP

background

having

obtained

his

Masters

is

Commerce

specializing

in

Accounting

&

Commercial Law from the University of Deakin in Melbourne, Australia and his Graduate Diploma in Chartered Accounting.

Abbas Sethwala

Expo Freight Private Limited is a fully owned subsidiary of Sri Lankan listed Expolanka Holdings PLC who in recent times has gained No.1 spot in the Colombo Stock Exchange (CSE)

in

terms

of

Market

Capitalization.

Expolanka’s

primary

business

is

in

Freight

Forwarding trading under the brand EFL Global. EFL Global has seen a rapid growth in the last couple of years expanding its foot print into 35 countries worldwide.

Convenor

ELIFORP

Sathiya

of

'Policy

Moorthy

is

Matters-Chennai', a

Policy

a

Analyst

new &

self-financing

Commentator

think-tank

on

India's

in

Chennai,

domestic

N

and

neighbourhood policies and politics, with a keen interest on Sri Lanka, Maldives and the shared IOR.

N Sathiya Moorthy

An author of books on India's domestic politics, foreign policy and Sri Lanka, Sathiya Moorthy was until recently the Head-Chennai Initiative, Observer Research Foundation.

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