NEWS IN Brief
Presidential Export Awards
Brandix Group wins 11 awards: The Brandix Group won 11
awards including Exporter of the Year for 2014 and 2015 at
the Presidential Export Awards Ceremony. Here Brandix Group
CEO Ashroff Omar (second right) and Ranga Ranmadugala, CEO
of Brandix Essentials and Brandix Apparel
India, receive the Sri Lankan Exporter of the Year awards
from President Maithripala Sirisena.
Mike Flora - ‘Highest Foreign Exchange Earner’: Mike Flora
International (Pvt) Ltd, a company exporting horticulture
products, won ‘Highest Foreign Exchange Earner’ award at the
Presidential Export Award Ceremony. Here Managing Director,
Mike Flora, Mihindu Keerthiratne receives the award from
Advertising solutions for the digital age: An emerging Sri
Lankan advertising venture – AV Digitech recently introduced
new age digital advertising solutions. The company
introduced a mobile LED trailer that is ideal for a
multitude of purposes such as advertising and sponsorship
activities, as well as live outdoor TV screenings, branding
exercises or simply making a massive statement either
outside any commercial premises or mobile on the road. Here
the management of the company at the launch (from left):
Graphics and IT official C. Risheharan, Managing Director
Seniya Dinnage Samarasekara, Director Amal Bandara and Head
of Operations Shyamal Hewage.
‘Containers India 2016’
Containers India, is a forum for major Indian stakeholders of the
container supply chain to come together and debate critical issues
affecting the time and cost effective transportation of containerised
cargo from shipper to destination.
It was held in Mumbai on August 12 with many international and Indian
speakers and was organised by Maritime Gateway, one of India’s leading
maritime monthly business magazines covering ports, shipping and
logistics sectors in India.
The three major areas of discussion were: * Container market outlook
* New opportunities and destinations* Coastal movement of containers.
Rohan Masakorala who has over 25 years of experience and a key
speaker in many global maritime conferences made a presentation on the
subject ‘Sri Lanka: How is it transforming into South Asia’s logistics
hub?’ under the session new opportunities and destinations.
The South Asia region is poised to increase its activities related to
maritime, shipping and logistics and an inclusive regional approach is
now taking place as the major maritime countries like India, Sri Lanka,
Pakistan and Bangladesh are having collaborative efforts to uplift the
status quo of its ports and shipping to develop greater logistics
efficiency to support the trade demands as more FDI are expected to the
region over the next two decades.
Colombo hosts int’l maritime confab
The South Asia Maritime Forum which will be opened on September 21 at
Galadari Hotel, will be the launch pad of the second Colombo
International Maritime Conference (CIMC).
The CIMC which was launched last year with the support of the
government will be the premier maritime conference in South Asia as the
island is an ideal and a central location in the Indian subcontinent to
have MICE tourism as Singapore is for East Asia.
President Maithripala Sirisena will open the Sri Lanka Maritime Week
and the CIMC by Prime Minister, Ranil Wickramasinghe on September 22.
The South Asia Maritime forum will have speakers from India and other
regional countries and is due to be opened by Y.K Sinha, High
Commissioner of India to Sri Lanka who strongly supported the first CIMC
last year. The chairman of the CIMC is Minister of Ports and Shipping
Arjuna Ranatunga and the patron is the Speaker of Parliament. Karu
Apexaura distributors visit Vietnam
Some of the Apexaura distributors who went to Vietnam
Apexaura Int (Pvt) Ltd, a organic food supplement company, offered
its 23 direct selling agents a trip to Vietnam in recognition of their
services. Apexaura was commissioned in 2014 to provide Sri Lankan and
global consumers with organic herbal food products by employing modern
technological resources in manufacturing and distribution.
Ceylinco Life, Best Life Insurer in SL – World Finance
Ceylinco Life has been declared the ‘Best Life Insurer in Sri Lanka’
for a third consecutive year, following an in-depth assessment of key
performance indicators by World Finance, the UK-based international
“These are indicators that provide an accurate picture of the quality
of products and service as well as the operational soundness of a life
insurance company,” Ceylinco Life Managing Director/CEO, R. Renganathan
said. “Such a rigorous examination of performance by independent
luminaries is good for any company. We are delighted not only to pass
with flying colours, but to be adjudged the best in Sri Lanka for a
third year running,” he said.
He said the Word Finance accolade while being an important benchmark
for Ceylinco Life, is also a strong endorsement of the strength and
stability of the company that will carry weight with existing and
prospective policyholders. The magazine’s panel of international experts
analysed multiple aspects of sector-specific performance in FY 2015
before naming its country winners for 2016.
Among the areas looked at were average time to underwrite and to
issue a policy; how risk exposure is assessed and accommodated;
achievements in the 12 months reviewed; how appropriate cover is ensured
for new and existing clients; Customer Retention Rate; Average Time in
People’s Leasing wins silver award
Chief Manager, Human Resources, PLC Group, Uresh Jayasekera
receives the award from President, IPM, Rohitha Amarapala.
People’s Leasing and Finance PLC won a Silver award at the National
HR Conference 2016 at the BMICH recently . The event was organized by
the IPM (Institute of Personal Management).
PLC received the Silver award in recognition of its best HR practices
focusing employees who are the major force that adds value to
sustainability of the company.
CEO/GM, People’s Leasing, D. P. Kumarage said, “We appraise and
recognize our employees’ services, train and develop them continuously
with the object of making PLC one of the best companies to work in.”
“The success PLC has earned over the years was due to the unyielding
efforts of its employees and the success story of PLC goes hand-in-hand
with the personal and professional development of our employees. This
National HR Silver Award is an endorsement by IPM towards PLC’s best HR
practices and it is also great encouragement for us to enhance and
sustain our best HR practices,” he said.
Batticaloa gets second ComBank branch
The Commercial Bank of Ceylon opened a second branch at in Batticaloa,
to better serve customers in this important east coast city.
It was opened by the Managing Director/Chief Executive Officer the
Bank, Jegan Durairatnam.
The branch offers all the services available at MiniCom branches, and
has its own Automated Teller Machine. The opening was followed by the
commissioning of a standalone ATM of Commercial Bank at the Batticaloa
Railway Station. Commercial Bank’s Chief Operating Officer S.
Renganathan was also present.
Melsta Regal Finance unveils two new products
Melsta Regal Finance marked another milestone on its four year
journey with the launch of the Melsta Debit Card and Melsta Online, two
new service offerings, Amitha Lal Gooneratne, Chairman, Melsta Regal
Finance Ltd., said.
Melsta Regal has launched these new suite of services understanding
the need to enhance customer experience and convenience, complementing
the busy lifestyles of its customers.
The company’s new innovative solutions incorporate modern security
enhancements available to all clients at their fingertips, helping them
meet all financial needs.
“Our primary goal is to provide the most innovative solutions to our
customers with the aim of generating the best possible customer
We believe that it is important to anticipate our customers’ needs
and wants becoming a true differentiator in the market offering great
flexibility and choice,” he said.
BOI approves veterinary project
A leading veterinary pharmaceutical and feed additives company signed
agreement with Sri Lanka's apex investment promotion body, the Board of
Investment (BOI), to invest over 5 million USD for export-oriented
projects under the name of Farmchemie Manufacturers (Pvt) Ltd.
Farmchemie is determined to cater the potential market in Indian
subcontinent and African countries and the company is expected to grow
by US $ 2.5 million by 2020.