Adaderana Biz English | Sri Lanka Business News

Microimage, one of the leading international Enterprise Software solutions company in the country opened its R&D center in Jaffna recently. This move was initiated to extend Microimage presence to the Northern Peninsula, enabling existing Microimage engineers hailing from Jaffna to work from their home front and to attract top engineering talent from north of Sri Lanka. The company since early 2000 attracted some of the brightest minds from Northern peninsula where one such engineer today has grown his career to become the head of a leading product division at Microimage. With the opening of R&D centre in Jaffna, Microimage now has three operating locations in the Asian region including Colombo and Kuala Lumpur. Jaffna centre, will focus on research and development for all core product lines of Microimage; Human Capital Management, Broadcast, Media & Mobile. The team of engineers will engage in R&D for a variety of technologies such as cloud computing, mobile, analytics, machine learning to other emerging digital technologies. The new work space will bring together top engineers hailing from Jaffna under one roof & also engineers working in other offices to collaboratively work on cutting edge technologies to propel Microimage’s flagship products to great heights. The office located in Palali road close to city centre can house around 25 engineers currently. It also has accommodation facility up to 4 engineers travelling from Colombo to work on R&D activities collaboratively with their Jaffna counterparts. Harsha Purasinghe, Founder/CEO of Microimage stated, “I am absolutely thrilled to see another dream realised with the opening of our Jaffna R&D centre. We already possessed number of top talent from Jaffna working on our products in Colombo office, and now with this opening they can continue to work on cutting edge products with great work/life balance as they are close to home. We intend to offer more opportunities to highly passionate top talent from peninsula as we further grow our operations in the future. Also this move will pave the way for us to establish strong relationships with academic institutions in northern peninsula towards knowledge sharing on a range of modern technologies and to provide internship opportunities for top young talent” Microimage is a leader in providing software solutions in the areas of Human Capital Management, Broadcast/Media & Digital convergence. Microimage’s latest HCM Cloud is considered one of the top pure play cloud digital HR solutions available in the global market today. The product since public launch has gained tremendous growth both locally & internationally. The latest broadcast product release from Microimage Mobile Media subsidiary mStudio 3 enables broadcasters & media entertainment personalities to deliver a complete digital audio/video experience combining strong social sharing capabilities with mobile apps extending the reach of engagement. One of the brightest minds hailing from Jaffna who works for more than a decade at Microimage, Head of Broadcast Solutions; Duxion Murugesu said, “I am delighted that we’ve been able to establish R&D presence in my home soil. The time I started my career I had to move to Colombo to find an opportunity due the situation in the north. Today, our engineers from Jaffna peninsula can contribute towards building cutting edge products & solutions while working from home soil. Also this move will enable us to tap into other brightest minds from north who are keen to work for an international software company” The opening ceremony was graced by senior faculty members of Department of Computer Science at the University of Jaffna and Vavuniya Campus. Dr. Thabotharan Kathiravelu, representing Faculty of Computer Science, University of Jaffna in his speech stated “When we were undergraduate students we always dreamt about having software companies operating in Jaffna, and today it has become a reality. We will work towards satisfying your needs and shall be producing good graduates. It is perfect timing as we intend to start 6 months internships for the first time for our students and Microimage will be a potential partner for us to place these undergraduate students.” The faculty members were absolutely thrilled to see this timely move of Microimage and stated it is the 2^ndleading software company to establish its own presence in the northern peninsula. Micro image’s purpose is to “Continuously innovate in its chosen domains to build products and services which positively impacts the world”. The company is poised to pursue this by empowering and fostering a unique team of minds to develop best in class Enterprise Software solutions, leveraging futuristic technology.

Caption – Harsha Purasinghe, Founder/CEO of Microimage lighting the traditional oil lamp, Mr. Duxion Murugesu, Head of Broadcast Technology at Microimage & Dr. Thabotharan Kathiravelu of University of Jaffna Faculty of Computer Science opening the Jaffna Office.

The High Commission of Canada to Sri Lanka and Embassy of Canada to Maldives is aware of recent erroneous media reporting on entry/visa requirements for Sri Lankan business and tourist travellers suggesting changes to Canada’s entry requirements for Sri Lankan travellers. This reporting is false. Sri Lankan citizens require visas for travel to Canada. There have been no recent changes to visa requirements for Sri Lankan travellers. Any notification of changes would be announced by the Government of Canada via Government of Canada websites, social media (@CanHCSriLanka) and press releases. The High Commission of Canada encourages all travelers to verify visa and entry requirements and ensure that they have proper visas required for entry to Canada in advance of travel. Sri Lankan citizens contemplating travel to Canada are encouraged to check http://www.cic.gc.ca/english/visit/index.asp for accurate information on visa and entry requirements for Canada and for more information on how to apply.

The iconic Galle Face Hotel is all set to partner with the Embassy of France for a celebration of French cuisine. The event, in the form of a dinner, is being held for the third consecutive year, as always on the first day of spring, March 21, 2017. The dinner will pay tribute to the culinary traditions of France, which values high-quality, innovative, and environmentally responsible cuisine. More than 2,000 chefs on 5 continents will simultaneously gather in celebration of French cuisine and its rich contributions to the culinary world. The 1864 at The Galle Face Hotel is proud to be named as one such establishment. “Our 2017 Good France dinner at The 1864 celebrates the pleasure of contemporary French gastronomy, based around the philosophy of using fresh seasonal produce at the peak of its season, handled simply with respect to capture and heighten the essence of each product, executed with solid classical French technique.” said Chef Adam Gaunt-Evans who spearheads all culinary efforts at the property. “To this degree, we have chosen to celebrate the terroir of Sri Lanka, from line caught yellow fin tuna ‘niçoise’, to local free range chicken with peas a la Française and pineapple tart tatin with black pepper and cinnamon ice cream. “ he added. Participating restaurants are invited to create their menu according to the following sequence: a traditional French aperitif, a cold starter, a hot starter, fish or shellfish, meat or poultry, a French cheese (or cheeseboard), a dessert, and French wines and digestifs, while remaining free to highlight their own culinary traditions and cultures. The Galle Face Hotel, known for seamlessly blending the East and the West, with its colonial charm and modern sensibilities, is the perfect venue for such a gastronomic celebration of culture. The dinner is priced at Rs. 7,500 Nett per person or Rs. 10,000 Nett per person including wine pairing. For reservations contact the special events desk on (+94) 77 232 7740 or via e-mail specialevents@gallefacehotel.net Roast-free-range-chicken

Empowers School Vehicle Drivers and provides peace of mind to parents Safety is of utmost importance when you are entrusting your child’s commute to and from school. Increasing traffic situation and sudden road closures would mean that the school bus or van would take an alternative route to bring you child home safe and sound. Despite these concerns we tend to panic for the slightest delay and start calling the Driver in frenzy. Understanding your frustrations Etisalat Business Solutions is ready to launch a School Vehicle Tracking system. “The solution is custom built taking the requirements of the All Island School Children Transport Association in to consideration and we a grateful to them for coming on board with us to implement this timely project. Furthermore this can be considered as a 360’ solution which enables the parent to track the school van when they require. All they have to do is install the corresponding application in their mobile devices,” Daminda Edirisinghe Senior Manager Etisalat Business Solutions informed. To elaborate on the benefits from this solutions; the drivers will be able to earn additional revenue by promoting this to the parents. While the drivers will be empowered with this added safety feature, parents can be rest assured about their child’s safety. The solution also allows the driver’s to send SMS updates to the parents; about the traffic situation, whether the child got in to the van and notify the approximate time they would arrive at their homes after school. For more information, contact Etisalat Business Solutions Business Advisor on 0720980980 or drop an email on bizcs@int.etisalat.lk Photo Caption From Left: Propaganda Secretary of All Island School Children Transport Association Saman Priyantha Perera , Treasurer of All Island School Children Transport Association Renuka Piyasundara, Secretary of All Island School Children Transport Association Lalith Chandrasiri Fernando, Chairman of All Island School Children Transport Association L. Mal Sri De Silva, CEO Etisalat Lanka (pvt) Ltd Sulaiman Alkaabi, Director Future Network Holding (pvt) Ltd Sanath Pilapitiya, Director Marketing Etisalat Lanka (pvt) Ltd Yarthav Mathiaparanam, Senior Manager – Business Product Marketing and Digital Solutions Etisalat Lanka (pvt) Ltd Daminda Edirisinghe, and Manager – Brand Communication and PR Etisalat Lanka (pvt) Ltd Udeni Rambukwella

With a focus on gender equality and female empowerment, London Stock Exchange Group hosted a Women’s Day forum (March 8) titled “We Can Do IT” for students studying ICT at the University of Moratuwa, the University of Kelaniya, the Asia-Pacific Institute of Information Technology (APIIT), and the Sri Lanka Institute of Information Technology (SLIIT). The panel, comprising senior employees of London Stock Exchange Group (LSEG) and MillenniumIT, included Head of HR for LSEG Sri Lanka Bani Chandrasena, Project Director Vidumini Ranasinghe, Software Engineer Dinu Kumarasiri, Senior Business Consultant Amani Gunawardhene and Head of Pre-Sales Sabiha Nanji. The moderator was Associate Business Consultant Erangi De Costa. Women's-Day-panellists-L-R-

The panellists shared their personal experiences including details of their chosen career paths and their views on career advancements and maintaining a work-life balance. They also spoke of the challenges faced working in a historically male dominated industry, before discussing the enormous scope within the local and global ICT arena for women today. The panel discussion was intended to create awareness of prospective recruitment opportunities and employment opportunities within the IT industry, and to address the misconceptions women have about working in this field. The panellists discussed topics such as managing a work-life balance, the various subjects and courses that are best suitable for the various job descriptions, and the emotional intelligence and multitasking abilities that women possess to tackle work-related tasks that are considered value-additions to organisations. LSEG advocates women’s rights, equality and empowerment through access to various options including day care facilities, flexible hours, buddy-systems and role models to help and nurture its female employees. Women, like their male counterparts, are encouraged to work on the same projects and programmes and are treated as equals. Held for the third consecutive year, this forum has helped many students fulfil their dreams and overcome their uncertainties of working in this industry. This programme complements the various other initiatives by the Group held throughout the year which aim to empower and groom students to step into a professional career in the Technology industry.

Organized and sponsored by Fairway Colombo, the Colombo Street Food Festival will set new standards for Food Festivals in the region with it’s ultimate brand of entertainment mixed with ambiance and venue. Beginning on the 18^th of March the festival is made up of 10 events, which will span over selected Saturday’s until the 20^th of May. Hospital Street in Colombo, Fort is set to be a festive bustle of music, artists, jugglers and of course the pièce de résistance – mouth-watering cuisines, made up of a delicious combination of local and international flavors. The Colombo Street Food Festival promises to be an event of flavor and flair, making Colombo “the place” to be when it comes to culinary diversity. Joined by Elephant House, Bally’s Entertainment and Imorich Ice cream among others as co-sponsors Fairway Colombo has also received the media partnership of the Capital Maharaja Organization as well as the support of HNB as banking partners. Joining the fold, as stakeholders are the Sri Lanka Tourism Board and the Urban Development Authority. “Given the colorful culture of cuisines found in Colombo, we at Fairway Colombo felt that the city is a culinary destination worthy of national and international recognition” stated Rajeeve Kulatunge CEO of Fairway Holdings Group’s lifestyle sector. “We are confident that the Colombo Street Food Festival will serve as a means of bringing in a brand new ambiance to the culinary landscape of Colombo. We are also very grateful to our main sponsor, partners and stakeholders for their support. I have no doubt that with their collaboration we will achieve tremendous success in this venture”.

News of a transfer of the management of Oasis Hospital by a newly-formed conglomerate of leading doctors, academics and entrepreneurs to provide a state of the art patient-friendly hospital in Colombo is exciting and comforting news to the public of Sri Lanka. The new management of the hospital prides in reintroducing the concept of active participation of medical specialists in diverse fields and other allied professionals in the management of this institution. This concept is comparable to that adopted by internationally acclaimed medical care providers. Commenting on this refreshing change, a senior clinician and academic engaged in this new venture commented that, “Quality healthcare requires extraordinary leadership, and the Oasis Hospital will now be led by senior specialists supported by advanced hospital management practices that would ensure optimal clinical outcomes”. The new vision of Oasis is to provide the best available medical care that will enrich the healthcare landscape of this island. The focus would be to combine patient comfort, confidence and medical expertise – a holistic approach utilising modern facilities at an affordable cost. Extensive refurbishment and upgrading of technology is being undertaken to ensure international healthcare requirements.

Oman Air, the national carrier of the Sultanate of Oman, is delighted to announce that a new Boeing B737-800 aircraft has joined its fleet as of 15 March 2017. This new aircraft will be used on short and medium haul routes and has a capacity of 162 seats, with 12 Business class seats of seat pitch 46 inches and 150 Economy class seats with seat pitch 30 inches. Each seat is equipped with an LCD screen, back-mounted 10.6 inches. Oman Air has operated B737s for many years and the aircraft provide the backbone of the airline’s long and medium haul fleet, with 32 currently in operation. The new aircraft will be deployed soon on its arrival for commercial flights. Abdulaziz Alraisi, Executive Vice President Products and Brand Development, said: “Oman Air is adding new aircraft to its fast growing fleet to keep up with the expansion programme. Known for its energy efficient systems, and combined with Oman Air’s superb maintenance staff and facilities, this is an ideal acquisition as we spread our wings to further afield.” The aircraft’s inaugural flight departed Seattle on 13 March and arrived to Muscat on 15 March 2017. With the addition of the new Boeing 737 – 800, Oman Air’s fleet stands at 51. Currently Oman Air’s fleet consists of five Boeing 787 Dreamliners, six Airbus 330-300s, four Airbus 330-200s, five Boeing 737-900s, 26 Boeing 737-800, one Boeing 737-700 and four Embraer 175s. Oman Air is continuing with its ambitious expansion plans in 2017 with four new additions to the fleet already this year. The latest were the Boeing 787 Dreamliner which joined the fleet on 23 February 2017, beside the two new 737-800s added to the fleet in January and February. In addition, a new Dreamliner B787-9 will be joining Oman Air’s fleet in the coming April. The delivery of new aircraft is part of Oman Air’s ambitious and dynamic programme of fleet and network expansion. The airline continues to be recognised for its award winning on board experience; winning an array of industry awards in 2016 to add to its growing collection. Oman Air’s latest aircraft addition consolidates its position in 2017 as the airline continues its progress to becoming a successful, sustainable company of the highest quality: “To Become the Best.” For further information on Oman Air, visit www.omanair.com

Sri Lankan youth vote Maggi “Youth Food Brand of the Year’ at SLIM – Nielsen Awards Nestlé’s Maggi brand was voted ‘Youth Food Brand of the Year’ for the fourth time by young consumers at this year’s SLIM-Nielsen Awards. This is the fifth consecutive year that Maggi has won a SLIM-Nielsen People’s Award. The win is an endorsement of the trust consumers place in the brand and their love for the brand’s latest addition to its product portfolio, Daiya Chicken flavoured noodles, whose appealing taste enhanced Maggi’s popularity amongst local youth. Maggi Daiya Chicken flavoured noodles is a spicier and flavoursome variant for teenagers who enjoy spice in their food. The product is fortified with calcium and features popular spices, contributing to the product’s great taste. Said Priyadarshinie Karunaratne, Vice-President – Food at Nestlé: “We couldn’t be more thrilled and humbled to win this award. Our consumers have always been at the heart of the brand, and all of the renovations we have been making to our products has been in response to their needs and preferences. To be voted their number one choice for five years running is indeed an honour. We’d like to extend a big heartfelt thank you to all of our consumers for their support and trust. They will always be at the centre of our Maggi world and we will continue to provide ways to assure that their ‘Happiness is Homemade.” Maggi has been a trusted Sri Lankan household favourite for well over 30 years. Its range has been expanded and renovated over the years to ensure it remains relevant to local consumers, as their needs and preferences evolve. As part of Nestlé’s ongoing efforts to ensure its products offer a superior nutritional profile, Maggi’s most recent renovation includes enhancing its noodles range with popular ‘home ingredients’ typically found in Sri Lankan kitchens, such as turmeric, nutmeg, coriander, cumin and cardamom, , and fortifying it with vitamin A and calcium to support the country’s efforts to address micronutrient deficiencies. Nestlé’s Managing Director, Ms. Shivani Hegde, said: “Nestlé’s strength lies in our ability to use our global R&D and expertise whilst operating as a local entity. As Sri Lanka’s local multinational, with deep roots in the country for over 110 years, we are proud to be our consumers’ No. 1 choice in food. We will continue to innovate and renovate our products in line with local consumer needs, support the country’s efforts to address micronutrient deficiencies, and empower our consumers to make informed choices in their diets and lifestyles, thereby enhancing the quality of life of people across the value chain and contributing to a healthier future.” The SLIM – Nielsen People’s Awards is Sri Lanka’s premier marketing awards ceremony. Award recipients are chosen by consumers between the ages of 15 to 60 via a structured questionnaire conducted by Nielsen island wide. Photo – From left to right : Radhini De Costa, AVP – Marketing Services, Nestlé ; Prabhath Karunarathne, Category Manager – Food, Nestlé ; Deepal Abeysekera, Head of Marketing and Public Affairs, People’s Bank ; Samantha Samarawickrama, Assistant Brand Manager – Food, Nestlé ; Nuwan Rathnayaka, Brand Manager – Food, Nestlé ; Ramesha Ranaweera, Brand Manager – Food, Nestlé ; Priyadarshinie Karunaratne, VP – Food, Nestlé ; Roshan Perera, AVP – Nestlé Professional, Nestlé.

Preparations are currently underway for the 53^rd Annual Report Awards competition organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). The competition which has set a benchmark to enhance accountability and transparency across organisations, has seen a tremendous growth over the years, with a large number of organisations from large conglomerates to small time community groups vying for honours at this prestigious annual competition, which has witnessed a consistent increase in applications on a yearly basis. History President of CA Sri Lanka Mr. Lasantha Wickremasinghe highlighted that the Annual Report Awards has throughout its existence of more than half a century, maintained the highest standards in the marking process, by involving highly respected professionals including industry specialists, business leaders and chartered accountants who have always ensured that the competition’s independence remained at the highest level. The Annual Report Awards competition commenced in 1964 with the primary objectives of enhancing accountability and transparency. Throughout the competition’s history, CA Sri Lanka has taken every effort to ensure that even the marking process has been carried out while maintaining the important elements of transparency and accountability. Every year, the Annual Report Awards honors the most cohesive, clear and informative annual reports in the country which best reflect an entity’s operations, while going beyond their statutory boundaries of reporting. The competition is open to any organisation that produces an annual report including multinational companies to small time community groups. The annual reports are evaluated against established criteria, and the winners are selected based on their ability to effectively communicate organizational objectives, performance, personnel and management information to an intended audience. In addition to the creativity and clarity of the presentation any additional relevant information such as the scale of operation, complexity and sophistication of operation are also considered in the evaluation process. Annual reports are awarded under 22 sectors and for the disclosures in Corporate Governance, Management Commentary, Integrated Reporting, Business Model, Capital Management and Corporate Social Responsibility. Annual report Awards Committee Once in every two years, an Annual Report Awards committee is appointed and the committee is responsible to ensure the smooth functioning of the process and the organizing of the Annual Reports Award Ceremonies for the two respective years. The committee is independent from the decision of selecting the winners and the selection is purely done based on the marks awarded by the three independent marking panels. Marking process and its Transparency The evaluation of the competition is carried out at three rounds. The initial selection process which is conducted by a technical marking panel, consisting of members of CA Sri Lanka. Then the short listed annual reports are subjected to an intense technical review by a panel of industry experts consisting of an eminent panel with the related industry experience. At the third and final stage of judging, the shortlisted annual reports are reviewed by the final panel of judges. The overall winners are selected purely on merit, irrespective of the sector and the financial performance. Every effort has been taken and will be taken by CA Sri Lanka to ensure that the marking process as well as the judging process is independent and organizations will be honoured for ensuring and enhancing transparency, accountability and good governance within. Way Forward The continuing increase in the number of applications year by year is testament to the fact that this competition has and will always maintain the highest forms of integrity and organisations be it big or small are honored for ensuring that the company promotes the core pillars set out in the objectives of the competition. CA Sri Lanka has assured that it will maintain the same clarity, transparency, independence and accountability at the Annual Report Awards including at this year’s ceremony which will be held in December 2017.

The new PEUGEOT 3008 was named the 2017 Car of the Year (COTY) on Monday 6 March in Geneva by a judging panel comprising 58 European journalists. The judging panel acclaimed its style, interior design and performance. This prestigious trophy joins the twenty other prizes the new PEUGEOT 3008 has already won. The vehicle is the fifth PEUGEOT to win Car of the Year and the first SUV honoured in the history of the COTY prize. The new PEUGEOT 3008 SUV appeals to choosy customers who want to stand out and have new experiences, aiming to become a major contender in the SUV category. The new PEUGEOT 3008 offers a unique blend of style, comfort and road handling. The spectacular PEUGEOT i-Cockpit® is state of the art and gives new meaning to being in the driver’s seat. It offers a more intuitive and intense driving experience, with a compact steering wheel, 12.3 inch head-up instrument display and central 8 inch capacitive touchscreen console with ergonomic piano keys to top it all off. The new PEUGEOT 3008 also offers several driving aids and other high-tech equipment, as well as seamless connectivity. Cutting edge features in its class include the Grip Control all terrain system, enabling off road use with a 2WD vehicle; wireless phone charging; an electric tailgate with foot sensor; intelligent reading of speed limit signs; driver drowsiness alert system; 180 degree camera; massaging driver’s seat; a top of the line Focal Hi-Fi system; Nappa leather interior; and a panoramic glass roof with sliding sunroof. The new PEUGEOT 3008 will be launched this month in Sri Lanka in high spec Allure and GT Line versions, with turbocharged engines that have both have won Engine of the Year for their respective categories: Puretech (2 times winner) and THP (7 times winner). Nearly 100,000 customers have already placed orders in Europe. Manufactured in Sochaux, it received the Origine France Garantie (made in France) label. PEUGEOT has received the prize for Car of the Year for the second time in three years. The new PEUGEOT 3008 also has the distinction of being the first ever SUV winner since the creation of the contest in 1964. It is also the fifth PEUGEOT vehicle named Car of the Year, following the 308 in 2014, the 307 in 2002, the 405 in 1988 and the 504 in 1969. The Car of the Year prize is awarded by a judging panel comprising 58 experienced journalists from 22 countries. Thirty models have been competing since early 2016. “I am particularly proud and very pleased that the new PEUGEOT 3008 has just won the 2017 Car of the Year prize. This trophy is the culmination of five years of incredible work by the brand’s teams and our group.” said Jean-Philippe Imparato, CEO of the PEUGEOT brand. “The new 3008 SUV marks a jump of several generations forward in terms of style, technology, and design for Peugeot, putting it at the forefront of its category. Winning the Car of the Year 2017 award cements this assertion. This is the most prestigious award in the automotive industry as it is judged by a panel of 58 impartial, veteran motoring journalists from a multitude of countries” added Yasendra Amerasinghe, Director / CEO of Carmart, sole distributor for Peugeot in Sri Lanka and the Maldives. Operating in nearly 160 countries with more than 10,000 points of sale, in 2016 Peugeot increased its sales by 12.3% to reach 1,919,460 vehicles sold worldwide. Beginning in 1889, the automotive history of the brand has been further enriched this year by the latest victory on the trails of the Dakar, with a 1-2-3 finish by the new PEUGEOT 3008 DKR. Carmart (Pvt) Ltd has been importing Peugeot vehicles since 1953, making it one of the oldest importers for Peugeot in the world, and the oldest in the Asian region.

Ericsson in collaboration with Mobitel and the Ministry of Telecommunication and Digital Infrastructure has formally signed the 5G Island of Innovation Memorandum of Understanding (MoU) in Colombo, Sri Lanka on 10^th March 2017, representing a landmark strategic ICT partnership that aims to bring 5G Internet of Things (IoT) innovation and entrepreneurship to Sri Lanka for the first time in South Asia. Mobitel was also the pioneer in South Asia to launch a Super 3.5G network, to successfully demonstrate HSPA + MIMO technology and successfully trial 4G-LTE and 4.5G-LTE Advanced Pro technology. The 5G Island of Innovation environment will further advance the nation’s ICT skills and capabilities, supporting the ambition to transform Sri Lanka into a digital and knowledge based society, driving new and increased employment opportunities enabled by ICT ecosystem innovations. Hon. Harin Fernando, Minister of Telecommunication & Digital Infrastructure, says: “I commend Ericsson and Mobitel for taking the lead as responsible corporate citizens and long term Nation Building partners to the people of Sri Lanka. We are delighted to have partnered with Ericsson and Mobitel in forging this pivotal 5G Island of Innovation collaboration, which ultimately aims to leverage the power of home grown ICT innovation and entrepreneurship to create new employment opportunities and reduce the digital divide in the country. Indeed, the Ministry of Telecommunication & Digital Infrastructure’s ambition is to leverage the 5G Island of Innovation at the Mobitel Innovation Centre to stimulate entrepreneurial ICT ecosystem collaborations that combine the complementary skills and capabilities of a broader cross-section of ICT players for the benefit of all Sri Lankans.” Denis Brunetti, Head of Ericsson Sri Lanka, says: “In recognition of the enduring Nation Building partnership Ericsson has shared with the people of Sri Lanka for over 20 years, it gives me great pleasure to join hands with Mobitel and the Ministry of Telecommunication and Digital Infrastructure in realizing the country’s inaugural 5G Island of Innovation strategic partnership. Ericsson will implement its 5G test bed technology in the Mobitel Innovation Centre in Colombo with the prime purpose of jointly creating a 5G IoT ecosystem designed to provide Sri Lankan ICT innovators an environment to develop and test 5G IoT applications and services”. Mr. P. G. Kumarasingha Sirisena, Chairman of Sri Lanka Telecom and Mobitel, says: “We are delighted to contribute our state of the art Mobitel Innovation Centre to the 5G Island of Innovation initiative, providing a suitable environment for 5G IoT development in partnership with Ericsson and the Ministry of Telecommunication and Digital Infrastructure. Mobitel is committed to creating an environment that is conducive to the generation of new and exciting mobile broadband products and services, adding value to the ICT landscape and our customers across Sri Lanka”. Through their long-standing history in the Sri Lankan market, Ericsson and Mobitel have remained diligently focused on serving their shared interests by leveraging their leading ICT capabilities for the greater good of the nation. Caption – Sri Lanka Telecom and Mobitel Chairman P. G. Kumarasinghe Sirisena exchanging the MoU with Head of Ericsson Sri Lanka Denis Brunetti in the presence of the Minister of Telecommunication & Digital Infrastructure Hon. Harin Fernando.

Coca-Cola Beverages Sri Lanka Ltd organized an internal event for its executive staff on 8th March. At this inspirational event, leading women entrepreneurs in Coca-Cola’s 5by20 network converged on the venue from diverse regions such as Negombo, Hambantota, Vavuniya and Kandy, to share their success stories with a rapt audience. Although Coca-Cola celebrates women every day through its commitment to gender equality and women’s empowerment, the special occasion of International Women’s Day provided the right fillip to acknowledge how these women entrepreneurs had overcome monumental odds to establish their financial independence. The international theme ‘Be Bold for Change’ was very evident during this powerful session, as the women recounted their personal struggles and how they took a bold step towards entrepreneurship for the well-being and future security of their loved ones. The women entrepreneurs shared their experiences in overcoming economic crisis, physical disabilities and society pressures and norms, to become successful entrepreneurs, only because of the support and guidance they received from Coca-Cola’s 5by20 programme. The 5by20 programme is conducted locally in partnership with Women in Management (WIM) in the form of Business Skills Development training programmes, which are customized to suit the training needs of different women and serve a larger societal need by economically empowering women and promoting inclusivity. The inspirational storytelling session was followed by the women entrepreneurs showcasing their products ranging from beautifully handmade, leather and cloth shoes and bags, organic jams and pickles, kurakkan based products and batik and wax creations. Both male and female executives had the opportunity to engage one-on-one with the women entrepreneurs, and purchase their goods in support of their incredible journeys, their resourcefulness and creativity. All associates were invited to share their insights via video on what the theme, “Be Bold for Change” meant to them. Judging from the heartfelt responses to the event, the female executives of Coca-Cola were truly touched, inspired and grateful for the opportunity to commemorate the spirit of women. Commenting on the 5by20 experience, Nisha from Kandy said, “To be bold, what I believe is that every woman should have both discipline and strength. This strength will help us face obstacles and overcome any problem in life. The 5by20 initiative has given me the confidence to achieve my target.” Samanthi from Seeduwa added, “Being bold for change is an important concept in life. I would like to share the story of my life as an example. I started my shoe manufacturing business, which is a very competitive business, because I was empowered I was able to be successful but I also had to be willing to take that bold step.” Meanwhile, Sulochana from Vavuniya added, “We never expected to be where we are today; we were bold enough to make a change”. At Coca-Cola, International Women’s Day 2017 was a week-long celebration with activities wherein both men and women could actively join hands in creating a more inclusive work environment, conducive to their needs and creating a culture that empowers women.

Fashion Bug, one of Sri Lanka’s leading retail clothing stores clinched the Gold Award for ‘Best Key Account Partner’ for the fourth consecutive year at the recent Annual Sales Conference of Triumph International. In addition to the Gold Award, Fashion Bug also won the Award for the Best Key Account Branch (Colpetty Branch) of the Year at Triumph annual sales conference which is held every year and attended by its vast network of distributors and top performing retailers from all across the country. The aim of the conference was to highlight and reward their performance for 2016. Concluding two decades of satisfying customers with an array of new styles and exclusive locations for lingerie shopping, Triumph is ambitious with bigger plans going forward. This annual event is more than just a tribute to recognizing those who contributed to its marketing success, as it reviews and rewards performance of its distributorship family. As an equal opportunity employer, Fashion Bug prides itself on the fact that they invest in their employees, which they believe is a key to their success. “It is indeed a great privilege that we have been recognized and awarded for the fourth consecutive by Triumph International who has being one of our most valuable partners throughout the years. We look forward to enhance our deep partnership,” said ShabierSubian, Director Fashion Bug. “It is yet another milestone for Fashion Bug and it is a testament to our flexibility, speed, and the strength of the cooperation between our organizations. Customer satisfaction is crucial for our success, and the partnerships we form with clients and suppliers are the result of successful collaboration, communication and truly caring about the people we serve,” said Dr. S.H.M Faraaz – Deputy General Manager. Fashion Bug commenced its operations since 1994 as a partnership business with 4 partners and a staff population of just 15, and today it possesses over 17stores throughout the country with a workforce of over 1250 employees, and stands among the leading clothing stores in Sri Lanka catering with the fashion motto of ‘changing lifestyles’. Photo caption: Award for the Best Key Account Partner

Crescent Global’s top rated reinsurance covers and support, are what could only be termed ‘a miraculous blessing bestowed on the country’, for maiden National Insurance Schemes rolled out by the Government recently, including a first of its kind in the world, The National Natural Disaster Insurance Scheme for all uninsured Sri Lankans. The NNDIS initial estimated claim of up to Rs 5.4 B for the flood and disaster in May last year is being settled, in particular in Kegalle, which was the worst effected district, where all claims were settled in full earlier this year. Crescent Global South Asia, has the most diverse and the most spectacular reinsurance portfolio in the country in terms of National Insured Schemes launched, insured properties, and reinsured projects, and a quick glance would make this fact abundantly clear. Examples are the Cooperative Insurance policy for the Fisherman, NITF National Natural Disaster cover for up to 10 billion, SRCC and Terrorism Cover top up cover up to 10 B, Combined Retrocession Cessation XOL cover for 30% compulsory ceding of for all general insurance, and Ceylon Petroleum Corporation, by far the largest specialized risk in SL, as reinsured with A rated securities in the international markets by Crescent Group. The NITF has been in the forefront in launching the National Schemes during the last year. The best example, Hon Minister Niroshan Perera says, is the pro active cover, the insurance provided to all uninsured for natural disasters including a cover for fishermen, and more recently the scheme for paddy farmers. The most recent is the island wide insurance for natural disasters for agricultural farmers for Rs 25,000 per hectare, topped up by a national cover for natural calamities such as flood, inundation, drought and wild elephant attacks, which were all insurance initiatives reinsured in ‘A’ rated securities. ‘Crescent Global’s single strength has been that organizations that have been reinsured through its good offices have helped entities such as NITF, Cooperative Insurance and the Petroleum Corp be pro active about disasters, or accidents and losses, and not reactive. “It’s also significant that what Crescent Global has insured is either on the mammoth scale — the entire country, for natural disasters — or of mammoth size, such as the biggest properties, of which Petroleum is obviously huge, in terms of the volatility of the commodity insured, and the sheer enormity of the property value indemnified’, said Mr. Indrajith Fernando, Director, Crescent Global South Asia. But it’s not the mere pro-activity, but the range as well. Crescent Global’s portfolio is marked by its diversity. Take the national Cooperative Fisheries cover for instance. All fishermen registered under Co-op Fishermen Society are covered for Personal Accident for Rs.l million per person, including funeral expenses, with a hospitalization per day cover. Additionally, this is a 365 day, 24 hour cover, for onshore and offshore eventualities. ‘The natural disaster insurance scheme (NNDIS), a first of its kind in the world, applauded by Breton Woods institutes including the World Bank, also insures all fishermen, uninsured households, small and medium-size businesses and industries, and all persons while fishing for personal accident, during natural disasters, with a cover of 10 B. It is a cover to beat all these covers, so to speak,’ adds Fernando. This cover includes an Emergency Relief Fund for food and shelter, for up to Rs. 200 million. Photo caption: CGSA team with the Minister of National Policies and Economic Affairs. (From left) Mr. Lee Warner, CEO-HLAP Ltd/Member of GBN Worldwide, Mr. Ahsan Abdulmajid, Regional Director-Crescent Global, Hon. Niroshan Perera, Minister of National Policies and Economic Affairs , Mr. Manjula de Silva, Chairman-NITF, Mr. Indrajith Fernando, Director-Crescent Global South Asia (Pvt) Ltd

Since 2009, Sri Lanka has seen strong ‘year-on-year’, double digit-growth in tourist arrivals. Overall infrastructure development has significantly boosted the growth and modernization of tourism, and in particular the level of offerings at hotels. Contrary to all this, the country’s inbound tourism transport sector, handling over 80 percent of the tourists who visit Sri Lanka, remains lackluster in its approach to provide exceptional transport solutions. However, unlike most tourist transport service providers who are waiting for government assistance and relief, the evolution of the transport sector is currently being led by a company that is geared to revolutionize travel in Sri Lanka. Established in the late 1990’s, Transcend Drive, operating under the name Drumkin Transporters has been providing ground-breaking travel solutions, thus far. Having revitalized passenger transport for Sri Lanka’s national carrier a few years ago, thereby proving that success is a function of creating a niche and earning the customers trust, Transcend Drive is now poised to leverage its expertise and professionalism for the future. Responsible in recent times for the brand-new fleet of Audis currently being used by Cinnamon Grand and Cinnamon Lakeside, it has emerged as a reputable provider of first class ground transport services within the tourism industry. Offering solutions to business and leisure travellers, the company’s ultimate aim is high quality transport for everyone. Transcend Drive monitors all daily fleet movements via two way and GPS tracking which is fitted to all the vehicles in the fleet. At Transcend, safety is a high priority. Apart from safeguarding passengers with accident insurance policy cover, vehicles are maintained to a high standard, undergoing thorough on-site, daily inspection by a team of fully trained and dedicated technicians, to ensure quality and reliability. Simultaneously, the company’s highly professional operations staff, continually marshal and coordinate all transportation bookings to make certain that events proceed smoothly and without problems to its customers. Transcends highly experienced chauffeurs are not only well trained and safety conscious, but are also chosen for their driving skills and knowledge of the local terrain. All of them are able to converse well in English whilst there are others who are multilingual having worked for several years in the hospitality industry. With an extensive fleet of modern vehicles, consisting of Audi Sedans, other Sedans, SUV’s, Micro Vans, and Limousines and a highly skilled logistics management team, they have the capacity to handle; airport transfers including ‘meet & greet’, round trips, city tours, special event excursion requirements, VIP transportation, and corporate vehicle fleet management – “On time, On schedule and safely”. The company also provides excellent solutions for the budget traveller who may be visiting for business or pleasure. For more information on Transcend Drive’s extensive list of transportation solutions please contact 0710 215883 or visit their website www.transcenddrive.com

When the month of April approaches anticipation rises in preparation for the Sinhala and Tamil New Year. The two day festival is a much awaited time that revolves around various customs that include the preparation of a plethora of sweet meats. Whether store bought or homemade many of these sweet meats will leave you with a considerable toll on your weight and cholesterol levels post-celebrations. However, even though these sweet treats have negative effects on your health there is a way to prevent them by substituting healthier alternatives for some of the staple ingredients that are prerequisite for the recipes. One such ingredient that can be replaced with a healthier alternative is margarine. An alternative for margarine that is commonly found in stores is butter. The question of whether butter is the healthier alternative has been a controversial topic that has been researched upon heavily over the years. Research published in the Harvard Health Publications states that “there never was any good evidence that using margarine instead of butter cut the chances of having a heart attack or developing heart disease”. Additional research has shown that trans fats in margarine can be quite injurious to one’s health. Newer research also suggests that butter produced from grass-fed cows is much more nutritious. Although there are numerous amounts of dairy companies that produce butter in the country, the healthiest choice would be to opt for a product that is made from fresh milk instead of milk powder without any additives included. Pelwatte Dairy is a leading home-grown dairy company that produces many different dairy products such as milk powder, yoghurt, butter and many more. The brand is widely known for the natural approach taken in the production of their products. Pelwatte butter is considered natural due to many reasons; one of them being that the butter is made from the fat in fresh milk with no added preservatives. Fresh milk contains about 4-5 % fat and the process of butter production tends to increase the fat percentage so in order to control the fat percentage a standardization process is used which is also another reason as to why Pelwatte Butter is considered all-natural. Pelwatte produces both salted and unsalted butter varieties, and is sold in both home-sized and bulk packs. Pelwatte Butter is the cheapest high quality locally produced butter in the local market. For more information on the healthiest alternative this Avurudhu season please contact 0112 452094.

Fairfax Financial Holdings Limited (Fairfax) announced that it has successfully completed the amalgamation of Fairfirst Insurance Limited (Fairfirst) and Union Assurance General Limited (UAG). The amalgamated entity will operate as Fairfirst Insurance Limited with effect from 28th February 2017. The rights and obligations arising from all insurance policies issued by Union Assurance General Limited will continue to be honored by Fairfirst Insurance Limited. UAG, a company in which Fairfax holds a majority stake since January 2015, had acquired 100% shares of Asian Alliance General Insurance Limited (AAGI) in October 2016 and subsequently rebranded it as Fairfirst Insurance Limited. Fairfirst has since been operating as a fully owned subsidiary of UAG. With one of the best multi-distribution capabilities in the industry, an experienced workforce of over 1400 spread across its 57 comprehensive service centers, this consolidation strengthens the Fairfax Group’s position in the Sri Lankan Insurance sector. With this coming together of UAG and the former AAGI, Fairfirst today has award winning capabilities in delivering insurance solutions in Motor and Health and it maintains leadership position in most business insurances like marine, fleets, property, liability, construction, engineering, etc. “We see great potential in the Sri Lankan insurance market” said Dr. Sanjeev Jha, Managing Director and Chief Executive Officer, Fairfirst Insurance Limited. “The amalgamated entity Fairfirst Insurance, allows us to leverage on the combined strengths of the former Union Assurance General and Asian Alliance General. We have a fantastic team that continues to invest in improving capabilities towards delivering more award winning insurance solutions via efficient and relevant delivery.” Fairfax Financial Holdings Limited is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. As at December 2016, this Toronto headquartered group, had assets amounting to approximately USD 43 billion and revenue of approximately USD 9.5 billion.

Dr. Sanjeev Jha, Managing Director and Chief Executive Officer, Fairfirst Insurance Limited

The 8^th of March represents a special day for women all around the world. International Women’s Day revolves around celebrating the social, economic, cultural and political achievements of women from all over the globe. The day however should be celebrated by all women regardless of their achievements as all women deserve to be celebrated for the roles they play in life. So whether you’re a stay at home mom, a career woman or an activist who fights for equal rights for women, you deserve to be celebrated for your feats. And what better way to be celebrated that to take a little time off for yourself for some well-deserved pampering. No one knows and understands pampering better than the folks at BeWaxed, Sri Lanka’s pioneering waxing salon. The waxing salon which was the brainchild of Durga Kenny is itself a testament to the ambition and hard work of a woman. Durga has worked tirelessly to mold her small business into a sought after brand today. Services offered at BeWaxed differ from that of a mainstream waxing salon as the techniques and ingredients used are unique. Besides their differences in the waxing process BeWaxed also boasts well trained staff. “The girls were recently taken to Thailand to receive their training at the Wax Academy. We are hoping to go there again and for our staff to receive more training” Durga said as she discussed the growth of the brand. “I never imagined we would grow this much and never thought that Colombo will come to appreciate us so much. As we celebrate four years it is also so important for me to remember my staff. Some of the girls have faithfully been with me right from the start and it is their hard work as much as mine that we are here today”, she added. As it celebrated its 4^th anniversary, BeWaxed is also expanding its horizons with their mini branches where customers are able to pop in for a quick waxing. These express branches were designed to create a sense of convenience for the customers as the services offered are limited to the basic sugar waxing. The first express branch is now in operation at 175A, Vauxhal Street, Colombo 2. For more information on the range of BeWaxed exclusive services or to make an appointment please call 0777 909978 or visit the website www.bewaxed.lk

Celebrating Four Years

New Outlet at Vauxhall Street

Sri Lanka Embassy in Brazil organized a series of promotional activities from 6th-9th March in Salvador, the Capital of the State of Bahia, Brazil with the intention of expanding the commercial relations.

The State of Bahia is the seventh largest regional Economy of Brazil whose GDP is estimated to be over USD 95 billion. General Jagath Jayasuriya, Sri Lankan Ambassador in Brazil and his team had an exclusive meeting with Rui Costa, Governor of Bahia and the key officials of the State Government where discussions were held on ways and means to enhance bilateral relations especially in the sphere of trade and industry. The Governor emphasized the importance of exchange of tourism delegations in order to exploit the untapped potential in the industry. “As an initial step, I wish to visit Sri Lanka with the leaders of tourism industry of Bahia and we would indeed be happy to receive such delegations from Sri Lanka also” said the Governor Costa. Ambassador Jayasuriya said that Sri Lanka tourism witnessed a robust growth after the defeat of LTTE terrorist group in 2009. “We had over two million tourists in 2016 – but only 1,400 from Brazil. This is due to lack of awareness” said Ambassador Jayasuriya. He further said that several Sri Lankan tour companies would participate in ABAV International Tourism show to be held in September in Sao Paulo. The main product promotional program which was held at Hotel São Salvador was attended by over 30 identified leading businessmen based in Salvador.

Microimage opens a new R&D Centre in Jaffna

No Changes to Canada’s Visa Requirements for Sri Lankan Travellers

Galle Face Hotel Hosts partners with French Embassy for “Taste of/Good France 2017”

Etisalat Business Solutions launches School Vehicle Tracking system

We Can Do IT’ – Women’s Day forum by London Stock Exchange Group

Fairway Colombo Presents – Colombo Street Food Festival

Clinician-led new management introduces patient-centered care at Oasis Hospital Colombo

Oman Air Welcomes a New Boeing B737-800 to Its Fleet

Maggi wins again!

CA Sri Lanka assures continuing independence of Annual Report Awards Competition

New PEUGEOT 3008 SUV wins “Car of the Year 2017”

Mobitel & Ministry of Telecommunication and Digital Infrastructure partners with Ericsson for the first 5G Island of Innovation in South Asia

Women Entrepreneurs empowered by Coca-Cola prove they are Bold for Change on Women’s Day

Fashion Bug wins Gold for Best Key Account Partner at Triumph Awards

‘Natural Disaster for Fly by Nights intermediaries’ : How Crescent Global’s policy covers were a national blessing

Transcend – Driving towards the Future…

A healthier Avurudhu with Pelwatte Butter

Fairfax consolidates Sri Lanka operations under Fairfirst Insurance Limited

Celebrating Womanhood with BeWaxed

Sri Lankan products promoted in Brazil