Sri Lanka, July 31 -- Chandana Amaradasa, Founder Chairman, Island Leisure, was elected President of the Australia-New Zealand Business Council (SLANZBC) of the Ceylon Chamber of Commerce held its AGM at the Cinnamon Lake Hotel recently.

He said that Sri Lanka's Small and Medium sector, responsible for 50% of the total revenues and growth of the economy, has been facing many obstacles and challenges in the last few years.

"They simply do not have capital market access and most of the time access to the financial sector of the country."

He requested that Australia and New Zealand open their markets more to the SME sector of Sri Lanka.

"Sri Lanka's Tourism Sector has nearly 50,000 registered rooms, in which only 9,500 rooms fall into th...