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UiPath Unveils Winners for Maiden Edition of the Partner Excellence Awards

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UiPath, a leading enterprise Robotic Process Automation (RPA) software company, today announced the winners of the first edition of UiPath’s India and South Asia Partner Excellence Awards. The awards aim to honor UiPath partners in the region for their contribution to the growth of automation along with Uipath. In all, there are 15 winners across various categories including market expansion, new customer acquisition, innovative partner of the year and use of Automation in solutions for helping during COVID crisis, among others. These awards are a first of its kind in the automation industry, aimed at celebrating the contributions of partners who made a difference. These partners successfully customized RPA solutions for different industries catering to specific needs from the customers and helping them drive business value from deploying them. The winners were selected from UiPath’s extensive partner ecosystem comprising over 200 organizations in this region. The selection was based on their commitment, innovation, impact in the marketplace, ability to scale, capability and capacity building on UiPath hyperautomation platform. Speaking on the occasion, Manish Bharti, President, UiPath India and South Asia, said, “We are delighted to honor the winners for the UiPath Partner Excellence Awards. Over the last year, our partners have been instrumental in helping the customers start their RPA journey and ensure timely, high quality implementation. In recent times, they have stepped up and gone the extra mile in supporting government, public institutions, and enterprises in building new use cases to combat the current challenges. My heartiest congratulations to all those who won.” Murli Mohan, Vice-President, India Business, UiPath said, “Our partners form the backbone of our ecosystem and support us in providing the best outcomes for our customers. These awards are our way of recognizing and celebrating the partners who have done innovative work this past year. We applaud all the winners.” UiPath has cultivated the world’s largest RPA community exceeding 7,000 customers, including more than 65 percent of the Fortune 500 and eight of the Fortune 10, as a result of UiPath’s ease of use, scalability, and open platform. UiPath’s partners have access to industry’s most comprehensive training, technology, and resources. The UiPath BPO Award winners for India and South Asia were Cognizant Digital Operations (Hyperautomation Partner of the Year 2020), Accenture Operations (Most Innovative BPO Partner 2020), Capgemini Business Services (Best Intelligent Automation – BPO Partner 2020), WNS Global Services (Best BPO Project of the Year Partner 2020) and DXC Technology – Global Shared Services (Best Internal Transformation BPO Partner 2020). The UiPath Channel Partner Award winners for India and South Asia were KG Information Systems Pvt Ltd (India National Partner of the Year 2020), Quality Kiosk Technologies Pvt Ltd (India Regional Partner of the year – West), CIGNEX Datamatics Technologies Limited (India Regional Partner of the year – North), Spectrum7 Technologies Pvt Ltd (India Regional Partner of the year – South 1), Novigo Solutions Pvt Ltd (India Regional Partner of the year – South 2), Avaali Solutions Pvt Ltd (India Emerging Partner of the Year 2020), Neovatic Technologies Pvt Ltd (India New Customer Acquisition Partner of the Year 2020), Ingram Micro India Pvt Ltd (India – Special recognition for Excellence in Distribution Management), Ernst & Young LLP (Special recognition – Automation Solution for Covid Crisis Support) and John Keells Information Technology Pvt Ltd (Sri Lanka Partner of the year)

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Lankem Ceylon Appoints Suren Goonewardene as Managing Director

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In a strategic move to build in agility, create a robust governance structure,  transform  and steer the Company into the next tier of growth, Lankem Ceylon PLC a well-diversified conglomerate reputed for its market dominance in the areas of agriculture, consumer products, hotels, industrial chemicals, industrial flooring, food and feed ingredients, plantations, paints, and pest control, yesterday announced the appointment of Suren Goonewardene as Managing Director for its  operations. Commenting on the appointment, the Chairman stated that, “We are pleased to have Suren at the helm of Lankem Ceylon. Suren brings with him a rich domain experience of transforming entities and has an exceptionally strong track record of business success in each of his previous roles. I wish him all the very best for his new role and look forward to working with him in the future”. As a leading corporate veteran and transformation leader, Suren brings with him over two decades of rich domain experience spanning across industries such as telecommunications and Information Communication Technology. He holds a bachelor’s degree in Business Accounting from Monash University, Australia. Suren is also a member of the Certified Practising Accountants –Australia and is a Fellow Member of the Chartered Institute of Marketing ,UK , and a Fellow Member of the Certified Management Accountants of Sri Lanka. He was a Council Member of the Employers’ Federation of Ceylon and a former Vice President of the Indian Chamber of Commerce in Sri Lanka. Lankem Ceylon PLC was initially incorporated as Shell Chemical Company of Ceylon Limited in 1964. Initially formed as a crop protection company, it has grown its core operations to include Coatings and Industrial Chemicals. The Company also has invested in the packaging industry through J.F Packaging Limited, in the FMCG space through its investment in C.W. Mackie PLC and in leisure through its investments in Colombo Fort Hotels. Lankem Ceylon PLC is a subsidiary of The Colombo Fort Land and Building PLC. The other members of the Board of Directors are Mr. S.D.R Arudpragasam (Chairman), Mr. A. Hettiarachchy (Deputy Chairman), Mr. Anushman Rajaratnam, Mr. P.M.A. Sirimane, Mr. A.C.S Jayaranjan and Mr. R. Seevaratnam.

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Online meeting between Embassy of SL in Russia and Ural Chamber of Commerce and Industry on trade and economic cooperation

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On July 31, 2020, at the initiative of the Embassy of Sri Lanka in Russia, an online meeting was organized between the Embassy and the Ural Chamber of Commerce and Industry (CCI) for the discussion of potential ways to boost the trade and economic cooperation of the Ural region and Sri Lanka.

The Embassy was represented by Prof. M. D. Lamawansa, Ambassador of Sri Lanka to Russia, Mohamed Anas, Deputy Chief of Mission/Head of Chancery, and  Chathurika Perera, Second Secretary (Commercial). The Ural CCI was represented by Andrey A. Besedin, President of the Chamber, Anastasia Kolpaschikova, Head of the International and Interregional Affairs Department, andIrina Ulyanova, Chief Specialist of the Department. The meeting commenced with a demonstration of presentations by both sides highlighting the investment and trade opportunities in Sri Lanka and the trade advantages of the Ural region. In his remarks, Prof. M. D. Lamawansa underscored the leading role of the Ural region in the overall economic development of Russia and its industrial value. In turn, Andrey A. Besedin noted the potential for the establishment of direct collaboration between Ural and Sri Lankan enterprises and touched upon large-scale tourism and industrial exhibitions, in which Sri Lankan enterprises could participate in the near future in order to establish their networks of partners in the region. In addition to a gamut of things, both sides specified tourism, pharmaceutical industry, food processing, and IT as some areas of mutual interest, where the Ural region and Sri Lanka could boost the bilateral trade relations. Particularly, the Ural CCI President expressed hope for an increase in the tourist outflows to Sri Lanka from the Ural region and ensured to provide support in promotion of Sri Lanka as a tourism destination. The parties agreed to link Ural and Sri Lankan enterprises specializing in food processing technologies for agricultural products, IT solutions, and manufacture of medical equipment and drugs and to continue further discussion on the possible cooperation in these sectors.

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Covid-19 Concessions Impact Dialog Revenues, Cost Control Sustains Profitability in Q2 2020

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  • Top Line Impact of ~LKR 2.9Bn Estimated for 1H 2020 Stemming from Covid-19
  • Direct and Indirect Taxes, Fees and Levies to GoSL – Rs 9.0Bn
  • Capex Investments at Rs 6.4Bn during 1H 2020 and OFCF Improved to Rs 14.0Bn in 1H 2020
  • Support Extended to Our Customers, Government and Community in Dealing with Covid-19
Dialog Axiata PLC announced, Tuesday 04th August 2020, its consolidated financial results for the six months ended 30th June 2020. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group (the “Group”). The concluded quarter faced the brunt of the Covid-19 outbreak which began unfolding from mid-March 2020. The estimated revenue impact stemming from concessions offered to customers and other Covid19 associated challenges is approx. Rs2.9Bn for 1H 2020. While the overall performance in the month of June 2020 has improved to Pre-Covid levels, the full and sustained recovery of performance will depend on the overall recovery of the Sri Lankan economy, in particular Manufacturing, Tourism, Export sectors and easing of wallet pressure for the consumers. Driven by the unprecedented Covid-19 crisis and the impact in Q2, Group revenue for 1 st Half of 2020 recorded de-growth Year-to-Date (“YTD”), Quarter-on-Quarter (“QoQ”) and Year-on-Year (“YoY”) basis. The Group recorded consolidated revenue of Rs57.4Bn for 1H 2020, demonstrating a marginal decline of 1% YTD while Group Earnings Before Interest, Tax, Depreciation and Amortisation (“EBITDA”) also declined by 1% YTD to reach Rs22.9Bn for 1H 2020. The consolidated Group revenue for Q2 2020 was recorded at Rs28.2Bn declining 4% QoQ and 3% YoY due to the slowdown in core revenue during the quarter. The Group EBITDA was recorded at Rs10.7Bn for Q2 2020 down 12% QoQ and 3% YoY. The Group EBITDA Margin was recorded at 39.8% for 1H 2020. The Group Net Profit After Tax (“NPAT”) demonstrated a decline of 45% YTD to record at Rs3.8Bn for 1H 2020 underpinned by the dip in topline and increased provision for bad debts. On a QoQ and YoY basis NPAT recorded growth of 55% and 16% respectively to reach Rs2.3Bn for Q2 2020. The Sri Lankan Rupee (“LKR”) appreciated by 2.0% against the United States Dollar (“USD”) during the quarter resulting in an upliftment to NPAT. Normalised for forex1 NPAT was recorded at Rs4.5Bn for 1H 2020 down 18% YTD while on a QoQ and YoY basis, Q2 2020 NPAT declined 55% and 34% respectively to record at Rs1.4Bn. Dialog Group continued to be a significant contributor to state revenues, remitting a total of Rs9.0Bn to the Government of Sri Lanka (GoSL) during the first six months of 2020. Total remittances included Direct Taxes and Levies amounting to Rs2.6Bn and Rs6.4Bn in Consumption Taxes collected on behalf of the GoSL. The Group capital expenditure was prioritised in 1H 2020 to accommodate urgent network upgrades while the restrictions on importation and deployment of capex in Q2 2020 resulted in lower capex for 1H 2020 which was recorded at Rs6.4Bn representing a capex to revenue ratio of 11%. Capital expenditure was directed in the main towards transforming Dialog into a digital telco, by digitising all spheres of the organisation and to further strengthen the Group’s leadership in Sri Lanka’s Broadband sector. The slowdown in capex supported Group Operating Free Cash Flow (“OFCF”) to improve to Rs14.0Bn for 1H 2020. The Group continued to exhibit a low geared balance sheet with the Net Debt to EBITDA ratio being maintained at 0.75x as at end of June 2020. During the quarter Dialog had the distinction of being awarded the title ‘Sri Lanka’s Most Valuable Brand’ for the second consecutive year by Brand Finance, the world’s leading independent brand valuation consultancy, at the 17th edition of its annual review. Dialog also retained its brand rating of AAA for the sixth consecutive year and the title of ‘Most Valuable Telecommunications Brand’ for the 13th consecutive year, reaffirming the brand’s ethos of empowering and enriching Sri Lankan lives and enterprises. Furthermore, Fitch Ratings re-affirmed the National Long-Term Rating of ‘AAA (lka)’ for the Group during the quarter. This rating of ‘AAA (lka)’ with a stable outlook, denotes the highest rating assigned by the agency in its National Rating scale for Sri Lanka. At an entity level, Dialog Axiata PLC (the “Company”) continued to contribute a major share of Group Revenue (69%) and Group EBITDA (75%). Company revenue was record at Rs39.6Bn for 1H 2020 and Rs19.1Bn for Q2 2020 declining 5% YTD, 7% QoQ and 8% YoY respectively, mainly due to the externalities alluded to earlier and the corresponding slowdown in core revenues. Downstream of the revenue performance Company EBITDA was recorded at Rs17.1Bn for 1H 2020 and Rs7.9Bn for Q2 2020 representing a decrease of 3% YTD, 14% QoQ and 4% YoY respectively. Company NPAT declined by 34% YTD to record at Rs4.5Bn for 1H 2020 albeit growing 72% QoQ and 43% YoY to reach Rs2.8Bn owing to the favourable forex movement during the quarter. Normalised for forex2 , Company NPAT recorded a decline of 3% YTD, 42% QoQ and 7% YoY. Dialog Television (“DTV”), continued to consolidate its leadership position in the Digital Pay Television space with a subscriber growth of 17% YoY to surpass the milestone of reaching 1.5Mn homes by end June 2020. DTV revenue was significantly impacted in Q2 2020 due to provision of access to all channels during the lock down period. Accordingly, DTV revenue declined 10% QoQ and 8% YoY to reach Rs2.0Bn, albeit on YTD basis revenue remained flat at Rs4.3Bn for 1H 2020. On the back of muted revenue performance and increased provision for bad debts, DTV EBITDA declined by 1% YTD to reach Rs1.1Bn for 1H 2020. Consequently, DTV Net Loss increased to Rs625Mn in 1H 2020 relative to a Net Loss of Rs269Mn for the corresponding period in 2019. Dialog Broadband Networks (“DBN”) featuring the Group’s Fixed Telecommunications, Broadband and International Businesses recorded revenue of Rs15.3Bn for 1H 2020 and Rs7.9Bn for Q2 2020 up 14% YTD, 7% QoQ and 18% YoY respectively, due to growth in Fixed Broadband and wholesale revenues. Despite the strong revenue performance, DBN EBITDA declined 3% YTD to reach Rs4.6Bn for 1H 2020 owing to increased provision for bad debts. Accordingly, DBN recorded a Net Loss of Rs45Mn for 1H 2020 relative to a Net Profit of Rs0.8Bn for the corresponding period in 2019.

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Havelock City commemorates the topping out of 50 storey Mireka Tower

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Havelock City mixed-use development marked the completion up to the roof slab of its highly anticipated 50 storey office tower at a topping out ceremony held onsite. The LEED Gold certified office tower was designed by the Singapore based Palmer & Turner Group and construction work was done by the globally renowned China Harbour Engineering Company. Ever since pre-leasing of the office tower was announced in 2019, there has been keen interest in the property. Ready for occupation by July 2021, Mireka Tower will house 600,000 square feet of premium “Grade A” office space. Occupants of Mireka Tower stand to benefit from expansive column-free and light-filled offices with large open floor layouts offering flexibility in spatial design and easy subdivision of space. This exclusive corporate address will also house facilities such as a gymnasium, training rooms, meeting rooms, and an executive club/sky bar reflecting the best of urban corporate lifestyle. Immediate proximity to the adjoining Havelock City Shopping Mall will provide easy accessibility to medical, banking, and telecommunication services, as well as a variety of retail and F&B options. Located in the heart of Colombo, Mireka Tower commuters will be just steps away from bus and the proposed LRT stations, with the additional advantage of two basement levels of parking -with over 800 vehicle spaces. Mireka Tower is developed by Mireka Capital Land (Pvt) Ltd a fully owned subsidiary of Overseas Realty (Ceylon) PLC, the owner, manager, and developer of the iconic World Trade Center Colombo. Equipped with the expertise in managing the iconic World Trade Center Colombo for over 20 years, Overseas Realty brings a plethora of learning and experiences to provide the highest standards of design, built quality, facilities, and services. Interested tenants can now book their office spaces by calling 076 300 7470 or visiting www.havelockcity.lk/mirekatower. Photo caption: (Above) Mireka Tower, the 50 storey structure at Havelock City will house 600,000 sq ft of Grade A office space (left) and Pravir Samarasinghe Group CEO/Director, Overseas Realty receives a souvenir commemorating the occasion on behalf of Havelock City from Zang Xiaoqiang, Managing Director, China Harbour Engineering Company Representatives of China Harbour Engineering Company and Havelock City commemorate the topping out of Mireka Tower

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Amana Bank offers Financing up to 3 Million repayable up to 10 years for government Teachers and Lecturers

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In recognition of their services to the society, Amana Bank has extended the financing amount and repayment period for government teachers and lecturers. The increased facility amount of up to Rs. 3,000,000 with a 10 year repayment period, enables customers to obtain a facility at an affordable instalment against their salary. This will be applicable for financing facilities to purchase property, construction materials, vehicles, solar panels, furniture, household and personal appliances in a convenient ‘pay as you can’ mechanism, without the burden of having guarantors or pledging security. Amana Bank’s Head of Retail Advances Ramakrishnan Kirubakaran commenting on the offering said “We are honored to extend this service to the teachers and lecturers, who play a key role in disseminating knowledge to the children and youth of the country. We have tailor-made the offering to this segment enabling them to enjoy increased purchasing power to uplift their lifestyle.” For further details and information on the offer, customers can call 011 7 756 756 or visit www.amanabank.lk Amana Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange with Jeddah based IsDB Group being the principal shareholder having a 29.97% shareholding of the Bank. The IsDB Group is a ‘AAA’ rated multilateral development financial institution with a membership of 57 countries. In June 2020 Fitch Ratings Sri Lanka declared an upward revision of the National Long Term Rating of Amãna Bank to BB+(lka) with a Stable Outlook. Amãna Bank is a standalone entity which does not have any subsidiaries, associates or affiliated institutions, other than the ‘OrphanCare’ Trust.

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APIIT Law School and the International and Comparative Law Society to host webinar on ‘The Fundamentals of Constitution Making’

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The APIIT Law School (APIIT) in collaboration with the International and Comparative Law Society (ICLS) will host a webinar on ‘The Fundamentals of Constitution Making’ on Saturday, 08 August 2020 from 10 am onwards via Zoom and FB Live of APIIT and ICLS. The session aims to shed light on the pivotal aspects of constitutionalism and the core aspects that need to be addressed when drafting a constitution. The webinar will be conducted by Mr. Rohan Edrisinha, Visiting Lecturer at the Faculty of Law, University of Colombo and the Senior Constitutions and Political Officer, Department of Political and Peacekeeping Affairs (DPPA), United Nations, New York. To register email info@apiit.lk or SMS 0774 483709 / 0765 788788

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Public transport can bounce back from COVID-19 with new and green technology, says ADB

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Public transport must adapt to a “new normal” in the wake of the coronavirus disease (COVID-19) pandemic and adopt technologies that will render it more green and resilient to future disasters, according to a new report by the Asian Development Bank (ADB). The report, Guidance Note on COVID-19 and Transport in Asia and the Pacific, details the profound impact of the pandemic on transport, as swift lockdowns forced millions this year to work from home overnight, schools to shift to e-learning, and consumers to flock to online shopping and food delivery. While public transit may have been previously perceived as a mostly green, efficient, and affordable mode of travel, initial trends in cities that have re-opened have indicated that public transit is still considered to be relatively unsafe and is not bouncing back as quickly as the use of private vehicles, cycling, and walking. While drastic lockdown measures around the world have brought world economies to their knees, satellites have recorded data on how the concentrations of CO2 and air pollutants have fallen drastically, bringing clear blue skies to many cities. But as cities have reopened, traffic levels have increased. For example, Beijing traffic levels, by early April 2020, exceeded the same period in 2019. If this trend is seen on a wide scale, it could set back decades of effort in promoting sustainable development and more efficient means of urban mobility. The report says there is a short window of opportunity for cities to promote the adoption of low-carbon alternatives to lock-in the improved air quality conditions gained during the peak of the pandemic lockdown. Public transport can play an important role through more active promotion of clean vehicles, provision of quality travel alternatives in public transport, and a better environment for non-motorized modes such as walking and cycling to enhance overall health and wellbeing. The confidence of passengers on public transport should be restored through protective measures such as cleaning, thermal scanning, tracking and face covering, the report says. Further study to explore how protective and preventive measures can be stepped up to allow relaxation of safe distancing requirements would help mitigate capacity challenges. A possible future trend may be consolidation of services and rationalization of routes to better serve the emerging travel demand patterns and practices. As countries enter the “recovery” phase, further preventive and precautionary operating measures and advanced technology should be implemented to enable contactless processes and facilitate an agile response. Demand management measures can facilitate crowd control in public transport systems and airports. As a complementary measure, non-motorized transport capacity could be expanded to absorb spillover demand from public transport. Since mass public transport is the lifeblood of most economies, government policies and financial support are essential during this period, to enable public transport operators to stay viable and continue to support the movement of passengers and goods in a sustainable way. For ADB, which committed last year $7 billion to the transport sector, behavioral trends linked to COVID-19 may require a review of the short-term viability of passenger transport and operational performance to meet changing demand for public transit systems. “Regardless of the COVID-19 pandemic it is clear that developing Asia will continue to have a large need for additional transport infrastructure and services,” the report concludes. “It would take several years before the projects currently in the pipeline would be operational and much can happen during these years.” ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.

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U.S. lifts global health coronavirus travel advisory. Sri Lanka on “reconsider travel” list

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The U.S. State Department and Centers for Disease Control (CDC) and Prevention on Thursday (07) lifted global advisories recommending U.S. citizens avoid all international travel because of the coronavirus pandemic, and instead issued a raft of high-level warnings for individual countries. “With health and safety conditions improving in some countries and potentially deteriorating in others, the department is returning to our previous system of country-specific levels of travel advice,” the State Department said in a statement lifting its “Do Not Travel” advisory. The CDC also dropped its global advisory recommending against all nonessential international travel due to the COVID-19 pandemic, but nearly all countries remain on its highest Level 3 advisory to avoid all non-essential travel. A few countries, including Thailand, New Zealand and Fiji, were put on a low risk Level 1 advisory. U.S. airline stocks rose on the announcement. The State Department issued updated country-travel specific alerts, including “Level Four: Do Not Travel” advisories for about 30 countries, including India, Russia, Bangladesh, Belize, Bolivia, Costa Rica, Dominican Republic, Egypt, El Salvador, Haiti, Iran, Kosovo, Kazakhstan, Mongolia, Honduras and Libya. The State Department also issued numerous new “Level 3: reconsider travel” advisories, including for members of the European Union, the United Kingdom, Vietnam, Sri Lanka, Liberia, Armenia, the Philippines, Laos and Australia. The United States has barred most non-U.S. citizens from many parts of the world from traveling to the United States, including from the EU and China. China has been on the State Department’s “Do Not Travel” advisory since June. The State Department first issued the Global Level 4 “Do Not Travel” Health Advisory on March 19, while CDC imposed its highest “Level 3” on March 27. The United States remains in talks with the EU in a bid to allow most Americans to resume travel to Europe. Source: Reuters

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Sunshine Holdings to acquire Daintee for Rs.1.7bn

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Watawala Tea Ceylon Ltd., a fully-owned subsidiary of Estate Management Services Ltd., of Sunshine Holdings Group, has entered into a share sale and purchase agreement with the current shareholders of Daintee Ltd.  on 06 August 2020 to purchase a 100% shareholding amounting to 10 million ordinary shares at a total consideration of Rs.1.7 billion. The deal is subject to the terms and conditions of the said share sale and purchase agreement, the company stated in a stock exchange filing. Founded in 1984, Daintee Limited is a leading sugar confectionary maker in the country.  At the inception, Daintee Limited had a technical agreement with Barker & Dobson, a U.K. confectionery company which was well known internationally for quality and high standards.     

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Port City Colombo invites university students for remarkable competition

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Port City Colombo is marking yet another milestone event in the country in its next phase of development. The project recently launched ‘Envision the Future’ a sculpture design competition to design a beach sculpture and an interactive wall targeted at budding local designers. The iconic sculptures and first of its kind interactive wall that will adorn the country’s largest landmark development project, Port City Colombo, are set to become local monuments that will be identified globally. The design competition is a part of the Port City Colombo’s launch initiatives and aims to capture the Sri Lankan spirit through several strategic monuments that will act as beacons when the project is identified globally. With several phases of the project already underway, such as the public beach and parks, the sculptures and the interactive wall will be a part of its next stage of development. Adopting the post COVID19 ‘New Normal’, entire competition will be conducted on a digital platform via www.envisionthefuture.lk Partnering with Academy of Design to mentor design concepts in the competition and ARTRA magazine as the official ART partner, Port City Colombo invites its stakeholders, the next generation, to contribute to the design of this monumental project. The sculpture design and interactive wall concept competition is open to Sri Lankan nationals who are undergraduate and Master’s students currently enrolled in any registered university in the country or overseas and reading in the fields of art, architecture, design, engineering and/or any other programme that aligns with creativity. Graduates who have completed their degree in the academic year 2019/2020 are also eligible to apply. Individuals can apply as a solo applicant and as a member of a team (a maximum of 2 submissions), however, a team is limited to a maximum of 3 members. The winning concepts will be awarded with more than LKR 700,000 in cash prizes and will be chosen to construct at the Marina District beach at the Port City Colombo premises. The winning individual/team of each competition will be called upon to cooperate with an international construction company selected by CHEC Port City Colombo (Pvt) Limited to create the sculpture. Made up of five precincts: a financial district, central park living, international island, the marina and island living, Port City Colombo is a world-class city for South Asia in the making. Port City Colombo sits on 269 hectares of land reclaimed from the sea and was declared a part of the Colombo Administrative District last year. During the last month, the government has approved USD 1bn investment proposal by the project company to develop the first vertical development in Port City Colombo. Built to ensure the future prospects of the next generation, Port City Colombo is considered the most futuristic project in Sri Lanka at present.

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Chitranjali Dissanayake appointed as DG of EDB

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Miss. Chitranjali Dissanayake has been appointed as the Director General (DG) of Sri Lanka Export Development Board (EDB) with effect from 4th August 2020. Miss Dissanayake joined the EDB as a Research Assistant in 1986 and gained wealth of knowledge and experience on Export Development during her 34 years of service in the divisions of Policy and Strategic Planning, Market Development, Product Management, Industrial Products and Services. Prior to her appointment as DG, she was the Director of Industrial Products division and Acting for Additional Director General (Development). Miss. Chitranjali holds a BA degree from the University of Colombo and MBA from the Post-Graduate Institute of Management from the University of Sri Jayawardenapura.

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Sri Lanka SMEs upbeat, ‘very hopeful’

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  • COSMI hopeful that President & new government will deliver in next five years
  • ‘Hopeful of a medium to long term MSME revival’-Rajabdeen
Sri Lankan SMEs have strong, newfound hope on the incoming new administration for their long overdue revival. “We are certain (HE) President Gotabaya Rajapaksa will listen to our concerns and deliver within the next five years” said the President of Sri Lanka’s Confederation of Micro, Small and Medium Industries (COSMI) Nawaz Rajabdeen on August 9. COSMI President Rajabdeen (who is also a past President of Federation of Chamber of Commerce & Industry of Sri Lanka) was speaking on August 9 on the outlook for local MSMEs  and industries after the landslide victory by Sri Lanka Podujana Peramuna (SLPP) and its allies in the recently concluded general elections. Rajabdeen stressed that he expects (HE) President Gotabaya Rajapaksa would receive the necessary backing from the newly elected Parliament to develop MSMEs, industries and business communities across the country. “We are sure that the President together with the new parliament will support all citizens regardless of their castes and religions. His support to uplift and upgrade industries in all districts is the next viable step. We are certain (HE) President Gotabaya Rajapaksa will listen to our concerns and deliver within the next five years. We are hopeful on the new government on pursuing a medium to long term development strategy for our MSMEs and industries” added Rajabdeen. The Confederation of Micro, Small and Medium Industries (COSMI) was formed in 2019, and aims to revive and foster the MSME and industry sectors of Sri Lanka. PHOTO – President of Sri Lanka’s Confederation of Micro, Small and Medium Industries (COSMI) Nawaz Rajabdeen Rajabdeen (who is also a past President of Federation of Chamber of Commerce & Industry of Sri Lanka-FCCISL) seen handing over FCCISL’s Back to Business program’s Industry Development Proposal years ago to the then President Mahinda Rajapaksa, who is the current Prime Minister.

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AirAsia Philippines operates a special seafarers’ repatriation flight between Manila & Mattala

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AirAsia Philippines (Z2) marked its first flight to Sri Lanka over the weekend on a ship crew exchange mission to repatriate Filipino seafarers. This is also considered the first ever charter flight launched by the AirAsia group to Sri Lanka in support of the repatriation efforts. This was the first time Air Asia, Philippines operated a flight to Sri Lanka and it was for the first time Air Asia arrived at MRIA. Since the COVID19 pandemic has been controlled within the country, Sri Lanka has been able to come to the aid of the international shipping community by being a safe location for facilitating the change of ship crew, which is critical for the safe operation of ships. In light of this opportunity, Mattala Rajapaksa International Airport (MRIA) – the largest international airport serving Southeast Sri Lanka, is poised to become a hub for international ship crew changes. The chartered flight departed Manila with 13 international seafarers for the exchange at 8:00 AM (local time) on August 9 and arrived at Mattala Rajapaksa International Airport at 1.50 PM (local time). Flight Z2 8161 is scheduled to be departed to Manila with 14 Filipino seafarers on August 10 at 2:25 PM (local time). This initiative was a result of the collaborative efforts of Mack Air – the GSA in Sri Lanka for AirAsia, Ceyline Shipping Ltd, and AASL as the airport operator. The objective of the mission is to assist the repatriation of international seafarers of different nationalities.

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Huawei ICT Certification Program Cultivates Talent Ecosystem in Asia Pacific

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The tech company reveals its long-term plan to bridge the ICT talent gap and calls for a cross-sector collaboration at the Huawei Asia Pacific ICT Talent Forum 2020 Huawei Technologies recently hosted Huawei Asia Pacific ICT Talent Forum 2020 to explore ICT talent trends and talent development strategies in the Asia Pacific region. At the online event joined by over 2,000 participants, the company announced a new certification program to develop a comprehensive ICT talent ecosystem to pave the way to sustainable digital transformation. Under the theme “Connection, Glory, Future,” the forum gathered industry experts and IT professors to discuss the continuing need for highly-skilled ICT workforce and propose sustainable plans to help the region solve ICT workforce shortage. The Huawei Asia Pacific ICT Certification Program, announced at the event, is open to students and ICT practitioners who have joined or plan to join in the Huawei Asia Pacific ICT Academy. The program runs from August 4 to November 30, 2020. Participants who pass the exams in the shortest time will be awarded on a first come, first served basis. Technology has come a long way in the past decade. In recent years, the world has witnessed a diverse range of breakthrough technologies. “The foundation of the new ICT industry now consists of Cloud Computing, Big Data, the Internet of Things and Artificial Intelligence,” said Mr. Michael Macdonald, Chief Digital Officer and Executive Consultant of Huawei Asia Pacific, during his speech on building a healthy ICT ecosystem. With the emergence of advanced technologies, basic IT skills will no longer suffice. “As enterprises redefine their job requirements, this new ICT landscape will leave us with an estimated shortage of about 5 million professionals. We aim to globally develop 2 million ICT professionals over the next five years to match high demand for skilled workers. In 2020, we are going to build more than 200 Huawei ICT Academy and train 10000 ICT certification in Asia Pacific region. ICT talent ecosystem is Huawei’s long-term strategy and we will work with universities and local HALP partners to help students and ICT practitioners become more competitive in their careers,” Michael announced. As a leading global ICT solutions provider, Huawei is committed to building a complete ICT talent ecosystem that helps maintain continuous growth of the industry chain. In the past years, the lack of highly-skilled workforce has been a growing concern for countries around the world, including the Asia Pacific region. The region has one of the world’s fastest-growing ICT sectors. As advanced technologies such as AI and 5G become pervasive, the region needs to work with various sectors to set standards that efficiently connect talent with opportunities in the digital age. To tackle this challenge, Huawei built a talent ecosystem to support the transfer of qualified employees to the ICT industry, in line with its talent cultivation strategy. The ecosystem consists of three initiatives: the Huawei Certification, the Huawei Academy and the Huawei ICT Competition. The Huawei Certification, a talent system standard covering 100 certification exams and 22 technical fields, has certified more than 260,000 ICT students and employees, including 19,000 in Asia Pacific. Launched in 2013, the Huawei ICT Academy has involved over 900 higher education institutions to offer ICT courses and training for over 45,000 students each year. To date, the company has set up 103 ICT Academy in the Asia Pacific region. The company also started the Huawei Competition in 2015 to promote talent development through an international knowledge-based contest. “The competition allows the students to get recognized and secure valuable employment at leading enterprises,” said Mr. Macdonald. The company will continue to explore new ways to cultivate ICT talents and to support governments around the world as they develop ICT infrastructure. With the ultimate goal of bridging the gap between demand of enterprises and the supply from universities, Huawei aims to help Asia Pacific countries lay a strong ICT foundation for many decades to come. In Sri Lanka Huawei has been operating since 1998 and has extensive and in-depth cooperation with local mainstream telecom operators, governments, and industry customers. Over the years, Huawei has continuously promoted the development of the ICT talent ecosystem in Sri Lanka through activities such as the Huawei Seeds for the Future program that was launch in 2016, and providing internship for talented youth, and ICT Skills industrial training. Huawei recently launched digital inclusion initiative TECH4ALL in Sri Lanka, to expand the scope of digital inclusion beyond connectivity to include applications such as related to health which could be utilized during times of emergency.

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Ahmad Tea : The momentous journey in serving you the best quality tea!

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THE BACKDROP OF QUALITY Drawing on four generations of tea blending and tasting experience, Ahmad Tea was established in Hampshire, UK in year 1986 with a heightened passion for the finest teas produced in the world. Aligned with the promise by our Chairman “I will not sell anything that I would not drink at home”, our entire company has made it our solemn duty to accept and include only the finest teas in every cup of Ahmad Tea.  With a strong presence of being within the top 5 international tea brands, Ahmad Tea has managed to grow in the hearts of consumers in over 80 countries with our high-quality products. As a renowned global tea company who takes both quality and taste very serious, Ahmad Tea always had a special connection towards Sri Lanka which led us to set up our tea export operations in this beautiful island nation 23 years ago. INTRODUCTION OF EXPORT QUALITY TO THE LOCAL MARKET With the purpose to cater to the world’s finest tea growing nation, Ahmad Tea – London took the initiative to open up doors in Sri Lanka by establishing the first tea boutique on 10th August 2017 at number 303, R. A. De Mel Mawatha, Colombo 03. Entitled as “Ceylon Special”. Our tea boutique successfully managed to bring a sense of satisfaction to the Ceylon tea drinker for the past three years by providing Pure Ceylon Ahmad Tea blends to the local market. Since the inception of Ahmad Tea – Ceylon Special” tea boutique, our company had the pleasure to have been able to introduce over 50 localized Ahmad Tea products, from the 300 plus Ahmad Tea – global product range. Aligned with our company’s global growth, our brand was fortunate enough to portray rapid progression in Sri Lanka and have partnered up with strong players such as SPAR, GLOMARK, Laugfs, BRANAS, Navalanka & with renowned Gift Shops which spans up to more than 50 outlets. EMPOWERING QUALITY OF LIFE As a company that traits on quality, Ahmad Tea firmly believes in quality of life. This way of thinking has led the company to uplift the living standards of many social groups and has initiated many global CSR projects. Under “AHMAD TEA – SPREAD KINDNESS PROGRAMME” our company focuses on community driven projects on Healthcare, Orphanages, Education, Sustainability and the Environmental efforts across the globe. Amongst all of our CSR projects, donation of the fully fledged RAZAVI MEDICAL COMPLEX to Apeksha Hospital Maharagama has been and will be cherished by Ahmad Tea as a part of giving back to the society of Sri Lanka. A RELATIONSHIP WITH QUALITY We at Ahmad Tea firmly believes that part of our success is due to the quality of relationships which we have developed with our valued consumers and business partners. Hence, ON THE 3RD YEAR ANNIVERSARY OF OUR “AHMAD TEA – CEYLON SPECIAL” TEA BOUTIQUE, IT GIVES US IMMENSE PLEASURE TO EXTEND OUR WARMEST GRATITUDE TO OUR VALUED CONSUMERS AND BUSINESS PARTNERS! WE STRIVE TO STRENGTHEN OUR RELATIONSHIP WITH YOU BY PROVIDING THE MOST EXCLUSIVE TEA IN THE WORLD! photo caption:  Rahim Afshar, Chairman – Ahmad Tea London  

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Sampath Bank publishes Carbon Neutral Annual Report for 5th consecutive year

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Once again proving its environmental consciousness, Sampath Bank published its Integrated Annual Report 2019 as a carbon neutral product for the fifth consecutive year. The carbon footprint of the publication has been measured and reported in accordance with the requirements of ISO 14067: 2018 (E) Standard and Greenhouse Gas Protocol (Life Cycle Accounting and Reporting Standard) developed by the World Business Council for Sustainable Development and World Resource Institute. Sampath Bank was able to offset their Integrated Annual Report’s carbon footprint of 20.58 tCO2e by purchasing United Nations Certified Emission Reductions (CERs) from the project activity 2,342 registered under the UN Clean Development Mechanism. Speaking about this development, the Group Chief Financial Officer of Sampath Bank PLC, Ajantha de Vas Gunasekara said, “We at Sampath Bank have always ensured that our corporate values are inclusive of achieving environmental sustainability in our day-to day-operations. By taking such measures to minimize our carbon footprint, we are driving our customers and stakeholders to follow suit and be environmentally conscious citizens. As our Integrated Annual Report has been a carbon neutral publication for the fifth consecutive year, it stands as an example of our commitment to reduce emissions that could cause irreversible damage to the environment.” In order to map the carbon footprint of Sampath Bank’s Integrated Annual Report, comprehensive data was gathered by Climate Smart Initiatives (Pvt) Ltd. Following this in-depth analysis, the total amount of Green House Gas (GHG) emissions accumulated at each stage of the product lifecycle of the Annual Report 2019 was then measured in CO2 equivalent. The CEO of Climate Smart Initiatives (Pvt) Ltd, Eng. Buddika Hemashantha voicing his thoughts on Sampath Bank’s repeated efforts to publish carbon neutral Annual Reports stated, “By producing a carbon neutral Annual Report for five consecutive years, Sampath Bank stands as a benchmark entity which has responded to the call of mother nature. In an effort to mitigate the climate change phenomena, it is encouraging to see the motivation of the private sector and their commitment to protect planet earth through such timely efforts. With the help of private sector institutions such as Sampath Bank, we can move from incremental to transformational change that will bring environmental sustainability.” With an environment policy that has been formulated to fulfil diversified roles in its operational framework, Sampath Bank will extend its commitment towards a greener and safer environment by educating the masses on the social norms that are relevant to the communities Sampath Bank operates in. The Bank will continue to initiate more corporate sustainability actions for the betterment of the economy, the nation and the earth.  

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Hameedia’s Envoy and Le Bond bring quality masks to prevent spread of COVID-19

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Face masks are a compulsory accessory in daily wear today. The Hameedia Envoy and Le Bond masks which have hit the market, enhance the wearer’s fashion sense while effectively helping combat the spread of the Covid-19 virus. Renowned for Hameedia’s show-stopping fashion statements, these branded masks are designed with the key elements of safety and comfort while catering to fashion conscious individuals. Managing Director Hameedia Fouzul Hameed said, “These three-ply masks reflect a unique sense of style in keeping with the elegant designs of our trail blazing brand. Designed with high quality fabric to prevent airborne infections, they are tried and tested to enable maximum comfort for their customers. While fashion and safety are primarily the reasons for their design, the economic factor plays a pivotal role”. These washable and reusable three-ply masks with prices ranging from Rs. 390/- to Rs. 990/- are a cost effective accessory for daily use. Each mask is individually sealed and packed in a poly bag to avoid contamination and produced under stringent health and safety guidelines maintained at the Hameedia’s factory. The three-ply Envoy face masks give priority to maximum safety and have been designed to ensure better protection without disrupting the wearer’s fashion-oriented lifestyle. These reusable premium face masks have special features – they are made of water repellent fabric with a comfortable searchable strap in addition to being antibacterial and hypoallergenic. The Envoy masks are designed in three options – Platinum, Classic and Staple – and give the wearer comfort in breathing. Since Envoy always stands ahead in providing exclusive attention to customers, customised options such as personal monogramming, mixing and matching with shirts are also possible, thus enhancing that unique statement. The Le Bond Face Mask is designed to bring out the best and to keep your skin comfortable. This three-ply face mask is made out of 100% cotton and has been designed to be used multiple times, since they are reusable and washable. These masks come in a variety of colours, patterns and textures to suit one’s everyday needs. Easy to maintain, they are light weight and easy to fit on with a comfortable elastic strap. In fact the face mask can also be matched with one’s shirt as well. “First impressions count and the importance of dressing smart is stamped into the psyche of the Hameedia Envoy and Le Bond brands. Thus, a mask which is the foremost attention creating accessory in today’s new normal world, has to accentuate the windows to your soul while ever so subtlety portraying the true you”, Hameed added.  

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Häcker launches a wide Range of Kitchen Units at the year round Exhibition

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The Häcker family keeps growing as the German-based company introduced a total of 35 new kitchens from two product lines: Classic and Systemat to their existing product options. Finco Trading, the exclusive partner for Häcker kitchens in Sri Lanka, proudly presents this innovative product range to the local customers who are in search of truly world-class kitchen designs. Häcker continues to expand its range with highly attractive and sophisticated kitchens, tailor-made to suit the modern life styles around the world. Häcker unveiled the new products in its in-house exhibition in Rödinghausen, Germany which is conducted all year round with the motto of “All about the family”. With classicMAX, visitors will experience the greatest expansion within the Häcker family in recent years. So young and yet so ambitious, the new 78cm cabinet height is right on the focus. The comfortable working height makes kitchen work easy and relaxed, even for taller people. In addition, this offers more space for supplies and a variety of kitchen utensils. The range comprises a complete base cabinet height of 78cm in combination with five tall units and four wall cabinets. Having launched in early 2020, classicMAX is available in 63 fronts and all cabinet colors of the Classic product line. The handle-less kitchen feature of the OneLine design for SystemArt is a further highlight for all those who love straight lines, a purist look and minimalist joint pattern. With its continuous 4mm joint look, this cabinet system gives the kitchen a modern and clear-line appearance. Another modern creation, Clever offers a well-considered 2 in 1 solution facilitating a skillful combination of the concepts with kitchen and utility in one room. A high-quality cooking area with brilliant fronts on one hand and a budget-oriented utility area on the other, set up a perfect kitchen-unit. Clever has an attractive overall appearance and is a combination of different price segments. The improved electric roller-shutter cabinet is another featured product with its innovative Quattro roll-up system enabling a quiet operation. The strong slats are sturdy and run smooth in precise guide rails. Due to its high quality, wide range of colors and attractive design, the roller-shutter cabinet with the concealed opening button promises many admirers on the market. Häcker’s keen sense for the needs and desires of its customers is clearly reflected in the expansion of its own testing laboratory. Häcker kitchen furniture is prepared and guaranteed in an exhibition  area of more than 3000 square meters and   the huge investment in contemporary high quality testing methods ensure the best possible product quality, and the flawless implementation of new product ideas. Visitors strolling through Häcker’s latest exhibition, will not only experience an incredible variety of kitchens, but also witness the great dedication and passion for environmental protection and sustainability. “Häcker is a performance oriented company and continues to be committed to nature conservation and social issues. We are a responsible company in every aspect”, says Mahesha Perera, Consultant, Häcker Sri Lanka. Häcker’s uniqueness lies in its unmatched customer service and the fact that quality, product range and delivery performance meet world-class standards is just as important as Häcker’s comprehensive customer training and exemplary social and ecological commitment. In line with the trend of a health-oriented age, Häcker’s recent “Golden M” award demonstrates that kitchen furniture offers healthy living conditions. Together with the company’s own quality labels PURemission and Puresist, Häcker is setting special accents for the health and well-being of the consumers. About Häcker Sri Lanka Häcker is a family owned company specializing in kitchen manufacturing with its years of expertise in crafting world’s highly popular modern kitchens. The company recently appointed Finco Trading, a subsidiary of Finco Holdings, as the exclusive partner to distribute Häcker Kitchen solutions in Sri Lanka. Finco Trading owns a state-of-the-art showroom located at No. 55 Galle Road, Colombo which showcases Häcker’s innovative kitchen units and kitchen design projects. Finco trading ensures an unmatched customer service while Häcker experts are always committed to provide consultations and necessary guidance in selection of kitchen solutions.

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Perera & Sons Bakers celebrates 118 years of excellence

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Sri Lanka’s foremost Quick Service Restaurant facility provider, with a long history of being a household favorite across the island, Perera and Sons recently celebrated their 118th anniversary. This rich history and legacy that has lasted over a century and close to two more decades remains unprecedented in the food services industry of Sri Lanka. The beginnings of the multi-faceted P&S business that continues to prosper today began with the hands of K.A. Charles Perera who hailed from the remote Southern village of Kodagoda. When this pioneer baked his first loaf of bread at the turn of the 19th century, he could never have guessed that he was about to establish an empire. Mr. Charles, using not much more than an old baking tray and his own ingenuity, went from door to door selling his products – this was the start of the P&S legacy. Standing the test of time, P&S has lived on through today’s fourth-generation management of the company. Quality has always been of paramount importance for P&S. This has been reflected since its inception. P&S won over a loyal and ever-growing customer base due to these exacting quality standards. The undying support from the brand’s customers resulted in P&S setting the standard and becoming a benchmark among the competition. From installing the first electric ovens and setting up cutting edge production facilities, the company now boasts numerous production facilities in locales such as Hikkaduwa, Kandy, Kurunegala, Pasyala, Matara, Pelmadulla, Mihintale, Dambulla, Embilipitiya and Kataragama. After 118 years of enhancing and expanding their founder’s initial business philosophy since 1902, more than 160 outlets across 7 provinces stand as a testament to the exceptional qualities inherent in the business operations of P&S. However, this has not been without change. Over time, the family-run business has realized that change is unavoidable when in operation for so many years. Thus, it has been their credo to cater to the ever-changing tastes of its loyal customers to the best of their abilities. P&S takes pride in producing every great tasting item of food with care. With a strong commitment to the highest standards in food preparation, no preservatives are added to any of the food items prepared. Priding themselves for pioneering and leading in the art of baking, P&S has surged forward in its rate of automation, innovation and branch operations in order to simultaneously synchronize over time with the products and services that they are experienced in. Today, P&S has moved beyond being just a family baker to being a leader in the Quick Service Restaurant industry with a diverse range of products from custom cake making to outdoor catering. Throughout the long period of its existence, P&S has been famous for the consistency of its products. Through state of the art production equipment and ultra-modern facilities, P&S has maintained a competitive advantage, giving customers great taste and value for money. Most of all, the commitment of their staff has helped P&S become what it is today. As a thank you for their service, the company has extended various benefits to its loyal members and their families over the years. Having stood the test of time so far, P&S is clearly a loved brand that will remain with its doors open to customers for many more generations to come.

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