With the presence of LGBC President Mr. Elias Assouad, Board members and members, The LGBC Gathering was held at the Lebanese German University (LGU), Sahel Alma, Jounieh, Sponsored by the LGU (LGBC Board Member Mrs. Marianne Adaimi Vice President of LGU). The topics of the conference below have been presented by Dr. Pierre Khoury since they are exclusive to the latest events occurring in our country.
Doing Business in a downturn economy:
A downturn economy is a general part of the business cycle. Nevertheless, prolonged downturns affected by political or war conditions may put a harder burden on business entities. Some might find it as an opportunity, others may find it unmanageable. In both cases, business strategy and seeing the whole picture is the key to lose minimization and profit maximization.
The geo-economics of the Lebanese uprising:
The 17th October revolution has worsened economic conditions on one hand but opened doors for economic reform that will generate long-term benefits to the Lebanese economy despite the geopolitical conditions in Lebanon and the region. Looking at the whole picture would strategize corporate plans for the upcoming 5 years.
Cash flow management under Cheeseparing of Dollar and dual accounting:
The dual deficit in the Lebanese economy has resulted in the problem of Cheeseparing of foreign currencies in the money markets. This has raised cash flow as well as capital budgeting problems for businesses. Cash flow management has multiple constraints now in addition to the already existing bottlenecks.