Biz Briefs

NCCSL seminar on 'capital growth'

The National Chamber of Commerce of Sri Lanka (NCCSL) will hold a seminar on 'Capital Growth and Capital without collateral' on May 29 at the Chamber auditorium at D.R. Wijewardene Mawatha, Colombo 10, to create awareness on capital growth and raise capital without collateral.

It is organised by the NCCSL with the Securities and Exchange Commission of Sri Lanka and the Colombo Stock Exchange.

HR Guru Dave Ulrich conducts CEO forum

Globally renowned HR Guru Prof. Dave Ulrich conducted a CEO Forum on ‘Building Competitive Organisations: The next venue for sustained success’ at the Kingsbury Hotel recently. The moderator at the forum was Chief Executive Officer, AIA Sri Lanka, Shah Rouf. The forum reviewed drivers of competitive advantage and strategies for effective leadership. Here Dave Ulrich at the Forum moderated by Shah Rouf.

Lakphana maintains traditions

Lakpahana has for the past forty years strived to preserve the traditional aspects of Sri Lankan life and culture.

The best of sweetmeats is prepared according to traditional methods. Lakpahana has a variety of sweets from traditional sweetmeats such as kavum, kokis, aasmi, athirasa, mung kavum, kaludodol, aluwa, pani walalu, narang kavum and cadju puhul.

CDB donates IT laboratory to Kandapola school

Citizens Development Business Finance PLC (CDB) recently presented Kandapola Mahinda Maha Vidyalaya an IT laboratory under its Corporate Social Responsibility (CSR) project - CDB Pariganaka Piyasa, to enhance IT literacy among students islandwide. The school in the Nuwara Eliya district provides schooling to 215 students and facilitates studies up to the GCE Ordinary Level. Director and Chief Finance Officer, CDB, Damith Tennakoon, senior members of CDB were also present at the ceremony.This donation marks the seventh such laboratory provided by the CDB to schools, with the total value of the project being over Rs. 1.5 million.

First copy of Lak Riya presented to President

The first copy of the Sinhala Motor Magazine Lak Riya published by the Vehicle Importers Association of Lanka (VIAL) comprising articles, events and pictures related to the motor industry was presented to President Mahinda Rajapaksa at his Carlton residence in Tangalle recently. The President of the Association Sampath Merinchage told the media that this was a landmark achievement for the motor industry adding that the work on the project was achieved within a short period. Here Sampath Merinchage and other office-bearers of the Association with the President.

Amaron to expand

Amaron automotive batteries, manufactured by Amara Raja Batteries Ltd of India plans to push growth and expand its network in Sri Lanka. Amaron is one of the market leaders for maintenance-free automotive batteries. Samudhi Group of Companies are the local distributors. Having a turnover of Rs 610 million before tax which accounts for 10 percent of market share Amaron batteries has seen rapid growth.

 Knorr completes 175 years

Knorr, a food brand, which has completed 175 years of business, held a ceremony in Colombo recently to mark the occasion.

In keeping with the motto of adding flavour to the world, Knorr is one of the largest single food brands touching several million people everyday. In Sri Lanka Knorr has developed a range of products and recipes to cater to different culinary needs.-SJ

ComBank Platinum sponsor of HR forum

The Commercial Bank of Ceylon was the Platinum sponsor of the Human Resources Forum conducted by global Human Resources guru Prof. Dave Ulrich in Colombo recently for senior corporate sector executives. Here Prof. Ulrich (centre) is flanked by Commercial Bank Chairman Dinesh Weerakkody (left) and the Bank’s Deputy General Manager, Human Resources, Isuru Thilakawardana at the Bank’s stall at the HR Forum.