Biz Briefs
SLI contingent to MDRT Conference
Sri Lanka Insurance has set another benchmark with thirty of its top
achievers qualifying for the elite Million Dollar Round Table this year
– the highest ever number of delegates produced by a Sri Lankan
insurance company.
Participation at the Million Dollar Round Table is a seal of
excellence for the public to trust that they are working with the best
in the business for their life insurance and financial needs.
The 29 top achievers will now take wing to Anheim, California, in the
United States to attend the Million Dollar Round Table (MDRT) Annual
Conference 2011 to be held from June 9– 13, 2012.
Singer moves to mobile phone market
The Singer company has moved into the mobile phone market last year
andhas been very successful said Singer CEO Asoka Peiris . The main
reason Singer moved into this market is because mobile phones as a unit
sale is a huge industry . He said that for a year in Sri Lanka there is
a sale of four million mobile phones and it is ten times the sale of
Televisions. For a year 400,000 TV sets are sold. It is an industry that
connects with the youth as it is the first consumer durable they
purchase.
Burnetters to represent Lanka at Cannes
Rameez Fazal and Danushka Kathriarachchi of Leo Burnett Solutions
Inc. (LBSI) the Sri Lankan office of Leo Burnett Worldwide, will
represent Sri Lanka at Cannes at the Young Lions TV category at the 59th
Cannes Lions International Festival of Creativity in France.
Speaking of their win in the category for Young Lions TV, Rameez
said, “I am thrilled to be part of the winning team. This is the second
time I participated in the local Young Lions Competition and I am
looking forward to the experience that I would gain by being part of the
Sri Lankan team that will be participating.
Jehaan Ismail CEO of First Capital
Jehaan Ismail was appointed as the Chief Executive Officer of First
Capital Holdings PLC. Ismail, whose 28 years in banking has included
several key international postings for HSBC. He was Chief Operating
Officer of HSBC Colombia S.A, based in Bogota, Colombia, in his final
stint with the global banking giant.
Following his appointment as CEO of First Capital Holdings, he will
also sit on the company’s Board, a spokesman for the Company said.
Huawei annual revenue $20 bln
The Huawei company was launched in 1987 with an initial capital of $
5680 and today earns an annual revenue of $ 20b. In addition to being a
manufacturer of mobile phones, Huawei is a global powerhouse in mobile
telecom infrastructure equipment with 40 of the top 50 mobile telecom
operators in the world operating on Huawei's platforms. The company
operates in over 140 countries.
Kandurata Umbrella opens branch in Nawalapitiya

Minister of Sports, Mahindananda Aluthgamage opened a Kandurata
Umbrella branch in Nawalapitiya recently. Chairman M.T.M Naushad said
consumer demand was the main reason to open a branch.Kandurata products
are exported to Malaysia, the Maldives and the Middle East. These
products are also exported to European countries including England.
Singer Finance in Embilipitiya

MD and CEO, Singer Finance ,Sri Lanka PLC, Shantha Wijeweera opened
the Singer Finance branch in Embilipitiya. Director - Human Resources,
(Left) Chitral Perera and Director - Finance ,Priyath Salgado look on.
Nawaloka Hospitals sponsors Arogya 2012
Nawaloka Hospitals is the official cardiac partner of Arogya 2012,
the international healthcare exhibition to be held from August 17 - 19,
at the BMICH.
Arogya 2012 is organised by the National Chamber of Commerce and the
Ministry of Health to apprise Sri Lanka's expertise in the healthcare
sector. Many organisations engaged in various activities in the
healthcare sector such as pharmaceuticals, medical services, medical
equipment, laboratory services, nutrition, sports medicine and other
medical-related services reserved their stalls.
Union Bank opens branch in Ambalangoda

Union Bank of Colombo PLC (UBC) opened a branch in Ambalangoda.
Chairman of UBC Alex Lovell opened the branch. Union Bank is one of Sri
Lanka's fastest growing banks with diversified business interests
including Unit Trusts, with the acquisition of National Asset Management
Ltd. The Finance and Guarantee company limited has over 50 years of
heritage.
Hemas Hospitals awarded OHSAS 18001
Hemas Hospitals in Wattala and Galle were recently awarded
Certification in International Standard for Occupational Health and
Safety (OHSAS 18001).
OHSAS 18001 is a multi-managerial standardisation concept concerned
with enhancing the safety, health and well-being of patients.
ODEL rewards outstanding sales staff 70

Ms K. K. Jayasri Malkanthi and H. M. Nilanga Indunil of fashion
retailer ODEL were judged Sales Personality of the Year 2011 and
Supervisor of the Year 2011 at the company's annual awards for staff.
Here the two winners with ODEL founder and CEO Otara Gunewardene. |