Fin in short

BoI grants approval for three ventures

New Projects in Packaging, Tea Products and Japanese Medical Training established under BOI, The Board of Investment of Sri Lanka granted investment approval for three ventures to commence operations. Dhammika Perera, Chairman/Director General signed the agreements and formally presented the BOI Certificate of Registration to the investors.

Kaatsu Highly Advanced Medical Technology Training Centre (Private) Limited Kaatsu Highly Advanced Medical Technology Training Centre is an initial investment of US $ 4 million to provide Kaatsu teaching and training methodology for foreign students. Kaatsu is a psychotherapy method involving compressing the vasculature proximal to the exercising muscles, developed by Yoshiaki Sato said M. A. Ariyaratna Director of the company. The training institute is expected to provide degree qualifications in this field affiliated with a recognised university in Japan.

25 years of success of Peumi

The 25th anniversary celebration of formation of Peumi Pharmaceuticals of Moratuwa is one of the leading Pharmaceutical Distribution houses in the Western Province. They represent more than ten prestigious pharmaceutical agencies today. Tennyson Peiris, the founder Chairman started his life as a distributor of pharmaceuticals by taking on the CIC pharmaceutical agency. From his humble beginnings he has built the business to its premier position today. His wife and children have been an immence help and also employees contribution to make this a success.

LS Electric Systems introduces a new product

LS Electric Systems (Pvt.) Ltd., together with their co-marketing provider AKLAN International (Pvt.) Ltd introduced a new, high technology electric product to the Sri Lankan market.

The newly launched product, namely SUSOL is a developed version of the AIR MEC series.

This was previously available on the product lists of LS Electric Systems categorized under Air Circuit Breakers (ACB) under the name MEC. The new product is an upgraded form in context of quality as well as functionality.

"Through the new changes made in the product, the operating combinations have been made easier and we believe that it will be a good competitor for similar category products''.

Revlon launches HydraBoost

Revlon Lanka Pvt Ltd. launched the Revlon HydraBoost Skincare, a complete skincare range for normal dry skin that helps boost the skin’s moisture level and restores its elasticity.

General Manager, Revlon Lanka, T.S. Prakash said the objective in introducing the products is to bridge the gap of the Revlon product portfolio.

The novel range smoothens and softens the skin giving the best that nature has to offer. HydraBoost moisture are formulated with a blend of vitamins and natural extracts which provide radiance and hydration to the skin.

Prakash said within a year the products have reached all supermarkets and leading boutiques.

Revlon Lanka Pvt Ltd. is a wholly owned subsidiary of Modi Revlon Pvt Ltd. an alliance between the Umesh K. Modi Group of India and Revlon USA.

IPM guest lecture series

The Membership Development and CSR Committee 2009/2010 of the Institute of Personnel Management Sri Lanka (IPM) has organized an evening presentation on December 17 from 6.30 p.m. to 8.00 p.m. at the IPM auditorium.

The session will mainly focus on areas of knowledge management in modern management scenario. Knowledge is defined from numerous perspectives as understanding based on experience, capacity for effective action, justified true belief and information in context.