18 June, 2024
Close this search box.
Dr. Frank Alafaci, President of ABSC Inc


Spread the love

Amidst the lush premises of one of Sydney’s five-star hotel chains, The Australian Business Summit Council Inc. hosted a Who’s Who of business leaders, diplomats and politicians at the 2022 ABSC Inc. Annual Gala Dinner on 5th May 2022 to formally launch the third issue of EKONOMOS, the annual business affairs magazine published by this leading management consulting forum.

ABSC Inc. president for the fourth consecutive year, Dr. Frank Alafaci welcomed more than one hundred VIP guests and other persons to this signature event at The Langham, Sydney, including the Ambassador of Turkey, the High Commissioner of Pakistan, the High Commissioner of Bangladesh, the Deputy Head of Mission of the Embassy of Ukraine, the Consuls General of Spain, Austria, Poland, India, Chile, Indonesia, Bangladesh and Turkey, the NSW Minister for Multiculturalism and Seniors, and the state Shadow Minister for Small Business, Multiculturalism and Property.

Since its registration as an incorporated association at New South Wales Fair Trading in late 2018, the ABSC Inc. has served the needs and requirements for Australian businesses to expand, increase profitability, and maximise expectations.

Under its charter, the ABSC Inc. seeks to promote the bona fide rights of Australian businesses by enhancing Australian entrepreneurship in the domestic market and across the international community.

Pursuant to this, the Australian Business Summit Council Inc. acts as an intellectual mouthpiece for debates about effective business policies and practices that stimulate a vibrant, sustainable and competitive economic environment with lucrative capabilities for Australian businesses.

ABSC Inc.’s e-newsletter, The Rotator (re-emerging from hibernation during the worst period of the COVID-19 pandemic) pitches to the general and specialised reading public alike, featuring incisive views, opinions, suggestions and solutions to safeguard the Australian economy as a mature, dynamic and sustainable commercial environment and engender trade and investment possibilities with our known regional trading partners and untapped extra-regional import and export markets.

EKONOMOS, the ABSC Inc.’s annual business affairs magazine, presents well-written reports and penetrating appraisals of the current business trends and forces that impact on economic growth by authoritative expert figures in the fields of finance, trade, investment, politics and diplomacy drawn from the Australian and international communities.

As an evident Greek-sounding play on the English term that denotes the study of the distribution of wealth and income, EKONOMOS Issue 3, 2022 comprises fourteen article contributions by the ABSC Inc. president Dr. Frank Alafaci; H.E. Mr. Shingo Yamagami (Ambassador of Japan); H.E. Dr. Mykola Kulinich (former Ambassador of Ukraine); H.E. Mrs. Hellen De La Vega (Ambassador of the Philippines); H.E. Dr. Joseph Agoe (High Commissioner of Ghana); H.E. Mr. Mohammad Sufiur Rahman (High Commissioner of Bangladesh); Mr. Joseph Rizk AM / OAM (CEO / Managing Director, Arab Bank Australia); Ms. Lee-May Saw (Barrister, Fredrick Jordan Chambers); Mr. Gary Garner (Director, The Garner Partnership Pty Ltd); Mr. Kian Ghahramani (Principal, RSM Australia Pty Ltd); Ms. Laura Robbie (Managing Director, YouGov Australia); Mr. Schon Condon (Managing Principal, Condon Advisory Group); Mr. Art Phillips (Founder / Director, 101 Music Pty Ltd); and Mr. Stephen Parker (Director / Digital Transformation Specialist, 1Vision OT).

One evident measure of the ABSC Inc.’s reputation is the high calibre of corporate, SME and individual members, and the gold, silver and bronze sponsors whose generous financial assistance towards the recent Annual Gala Dinner and the publication of EKONOMOS Issue 3, 2022 was formally recognized with the conferral of acknowledgement awards to Mrs. Sylvia Alafaci (ABSC Inc. secretary, as the gold sponsor), Mr. Wei Li (CEO, Swan Wine Group, as the silver sponsor), Mr. Rouad El Ayoubi (Founding Director, Alliance Project Group and ABSC Inc. vice-president as a bronze sponsor), and Ms. Asther Lam (on behalf of the Executive Director of the Australia China Economics, Trade and Culture Association, Dr. Ven Tan, as another bronze sponsor).

Heading the eminent VIP speakers at the 2022 ABSC Inc. Annual Gala Dinner, the Ambassador of Turkey, H. E Mr. Korhan Karakoc and the High Commissioner of Bangladesh, H.E. Mr. Mohammad Sufiur Rahman joined with Mr. Joseph Rizk AM / OAM, the CEO / Managing Director of the Arab Bank Australia Limited, the Hon. Mr. Mark Coure MP, NSW Minister for Multiculturalism and Seniors and the Hon. Mr. Steve Kamper MP, NSW Shadow Minister for Small Business, Multiculturalism and Property to commend the Australian Business Summit Council Inc. for its remarkable successes and continuing efforts to promote Australian businesses.

Under the current ABSC Inc. president, Dr. Frank Alafaci, the Australian Business Summit Council Inc. is expanding rapidly to augment its influence and pervasiveness within the business community in Australia and abroad by actively promoting business investment and innovation into high value-added and technologically advanced sectors and industries, and assisting small, medium-sized and large businesses to further multilateral business relationships within the national economy and extraterritorially.

Indeed, the ABSC Inc. is increasing its elaborate links within the Australian and global business networks and continuing to formulate comprehensive policies, measures and recommendations through the Council’s seminars, conferences, partnerships, EXPOs, memoranda of understanding, trade delegations, negotiations with political and business leaders and participation in national and international economic roundtables in order to strengthen trade and investment opportunities for our country’s economic growth performance.

About the Author