Bill to be passed shortly
The Ceylon Tourist Board will undergo a radical
transformation with the passage of the Tourism Development Bill. It is
expected to be passed by parliament in the near future.
This act would provide "for the establishment of a
state authority known as the Sri Lanka Tourism Development Authority;
for the development of the tourism industry and to provide the legal
infrastructure to plan, implement, encourage, facilitate, train,
educate personnel, regulate, monitor the entire industry and its
Past president of the Travel Agents Association of Sri
Lanka Udaya Nanayakkara said the passage of the bill would result in
the functions of the Tourist Board and Hotel School being devolved
to institutions which will be set up.
These include the Tourism Development Authority, the
National Institute of Travel and Tourism, the Sri Lanka Tourism
Marketing Bureau and the Tourism Advisory Commission.
He said these institutions will involve the participation
of individuals from the industry who will work alongside public
Nanayakkara said the proposed act arose from the
deliberations of a committee appointed to look into the travel and
tourism sectors in Sri Lanka. This committee headed by Hari
Selvanathan submitted its report to the government about three months
Nanayakkara, who is also the Vice President of the
Universal Federation of Travel Agents Associations based in Monaco,
praised the Prime Minister, the Minister of Tourism and the Tourism
Ministry for their efforts in developing the Tourism Development Bill.
The Sri Lanka Tourism Development Authority which will be
established after the passage of the bill will be assigned some of the
Tourist Board's functions.
It will conduct regulatory activities such as licensing and setting of
standards, regulation of prices, fees, rates and charges in respect of
tourism services, and the registration of travel and tourism
The authority will also play a role in tourism
development policy, advice the government on policy matters relating
to travel and tourism, undertake land acquisitions for tourism
development and protect places of scenic beauty and environment.
Nanayakkara noted that the Ceylon Tourist Board Act does
not permit industry players holding a position in the board. However,
the proposed authority will have no such limitations.
The Tourism Development Authority will consist of 14
members, of whom 5 will be nominated by the Tourist Hotels Association
and Sri Lanka Association of Travel and Tourism.
The passage of the bill will also lead to the
establishment of the National Institute of Travel and Tourism. It will
assume the functions carried out by the Hotel School.
The institute will handle hotel-related activities, and
be responsible for training youth to enter the inbound tourism
business. It will train individuals on activities like guiding and how
to structure tour packages and outbound travel packages in a
professional manner. Training will also be conducted on the
intricacies of air ticketing, air fare constructions, IT training on
reservation systems, etc.
An objective of the National Institute of Travel and
Tourism will be to own, manage and participate in ownership and
management of schools and training centres wholly on mainly connected
The institute's board of governors will include three
representatives from the Tourist Hotels Association, Sri Lanka
Association of Travel and Tourism, and the Hotel School Graduates
The Tourism Development Act will also lead to the
establishment of the Sri Lanka Tourism Marketing Bureau. Its function
will be marketing and promoting tourism into Sri Lanka and organising
events, conventions, festivals, and exhibitions in order to attract
tourists. Nominees of the Tourist Hotels Association of Sri Lanka will
be appointed to the bureau.
According to Nanayakkara, all activities of the Tourist
Board pertaining to marketing and promotion including its foreign
operations will fall under the bureau.
The act will also result in the formation of the Tourism
Advisory Commission. It will comprise of people of eminence and of
international stature who will serve in an honorary capacity and
advice the minister on matters relating to tourism.
Another outcome of the Tourism Development Act will be
the creation of a cess fund which will market and promote tourism in
Nanayakkara noted that the tourism industry here has been
adversely affected by ethnic strife, bad media publicity, negative
travel advisories, and withdrawal of airline services as well as the
lack of funds to counter such problems and promote the country's
A levy of 1 per cent will be introduced on the turnover
of all Tourist Board licensed institutions from April 2003. The
government also proposes to add a US Dollars 5 levy for international
travel to the existing embarkation tax of US Dollars 10 on every
international flight ticket to and from Sri Lanka, from April 2003.
The monies collected through both these measures will be largely
utilised for the marketing and promotion of tourism.
dismisses GFML case
The Supreme Court has refused permission to appeal an
earlier decision made by the Appeal Court dismissing a case filed by
Galle Flour Milling (GFML) against the Board of investment and
Serendib Flour Mills (Pvt) Ltd.
The GFML lawsuit sought relief for breach of contractual
rights against the BOI and to quash approval granted to Serendib Flour
Mills to set up a flour mill in the Port of Colombo along with an
interim order to prevent the BOI from permitting Serendib Flour Mills
to proceed construction.
The case was dismissed both in the Court of Appeal and
the Supreme Court on the grounds that BOI had contractual rights to
terminate the agreement due to GFML's failure to provide an investor
to meet the contracted project requirement.
The Appeal Court ruled that the "decision contained
in termination is in the exercise of the contractual powers vested in
the BOI by virtue of the agreement between the parties and not in the
circumstances of exercise of the statutory powers vested in the BOI."
In light of these findings, the court dismissed the application with
cost. The judgement further states that "there is no need for the
Court to deal with the other matters that have been brought up
relating to the failure of the Petitioner (GFML) to come to court with
PM to announce launch
of e-Sri Lanka
The launch of Sri Lanka's ICT Roadmap, e-Sri Lanka, will
be announced by Prime Minister Ranil Wickremesinghe on November 20.
An initiative of Minister of Economic Reform, Science and
Technology, Milinda Moragoda, e-Sri Lanka is a five-pronged strategy
which envisions the development of Sri Lanka's ICT sector with the
objective of taking ICT to every village, citizen and business, with
e-government as its mainstay.
The e-Sri Lanka action plan envisions the creation and
development of global markets for employment generation, deployment of
e-government concepts with emphasis on productivity and
competitiveness and enable socio-cultural integration of a united
nation, revolving on the axis of developing Sri Lanka's economy,
reducing poverty and improving the quality of life and opportunities
for the people.
e-Sri Lanka will look at the most critical and quickest
measures to set the ICT roadmap on its way by setting up the
implementation framework, the critical staffing, implementing much
awaited telecommunications reforms and enabling e-laws. The e-Sri
Lanka initiative will commission the necessary studies, technical
assistance and capacity building measures, which are critical to
realise its laudable objectives for our nation.
To achieve these, the government is looking at a
strategic partnership with private sector associations and NGOs to
create the infrastructure, establish e-government services and brand
'Sri Lanka Inc.' as a hi-tech nation.
destination status agreement
The Accredited Destination Status agreement between Sri
Lanka and China, enabling Chinese nationals to visit the country as
tourists was signed in Shanghai last Friday. Ambassador for Sri Lanka
in China Bernard A. B. Goonetilleke signed the agreement on behalf of
the Sri Lankan government while Vice Minister Sun Gang signed on
behalf of China.
The signing of the agreement follows negotiations which
were completed this year. Presently 21 countries have similar
agreements with China. It is expected that the agreement would be a
boon to the local tourism industry with Chinese arrivals expected to
increase significantly. Around 10.5 million Chinese went abroad on
vacation in 2001.
Meanwhile, there was enhanced participation by the Sri
Lanka travel trade at the ongoing China International Travel Mart in
Shanghai, with around 20 companies participating. Some of the Sri
Lankan tour operators have already laid the groundwork by inviting
their Chinese counterparts on familiarisation tours to the island.
A code sharing arrangement was incorporated into the
existing bilateral Air Services Agreement between the two countries,
in September this year, in order to enable permitted airlines to offer
a swifter air connection in the absence of direct flights.
This arrangement was on a suggestion made by the Sri
Lanka Embassy in Belling and subsequently negotiated between Sri
Lankan and Chinese civil aviation authorities.
Fostering an effective
By Dinesh Weerakkody
A respected American law school professor once asked me,
"how politically sensitive is your public service?" My
answer was, the question should never be even raised. After all, the
public service is presumed to be apolitical, neutrally organised, ipso
facto, being called upon to serve the elected government of the day,
regardless of its political complexion.
However, while some argue the public service is an
extension of the party in power, others argue the public service is a
neutral setup carrying out the orders of the political leadership
within the rule of law.
An interesting example is when the late D.S. Senanayake
directed a then civil servant to hand over a file of an opposition
member. His reply was "I cannot give you the file in private, but
if the cabinet orders me to do so, I will table the file." The
Prime Minister then said, "Then I will not ask for it."
In this instance, both Prime Minister D.S. Senanayake and
the civil servant demonstrated admirable qualities, which are,
unfortunately, not often demonstrated today. The Prime Minister
respected the integrity of his secretary while the secretary respected
the integrity of the laws he had sworn to uphold.
As is well known, these high traditions became seriously
eroded for the first time during the United Front government's period
of office in 1970-1977. Since then, the respect for persons and the
respect for law have steadily deteriorated.
In this context, much hope revolves around the
Independent Public Service Commission the UNF government promised to
set up before the end of the year.
A prime minister of an Asian country once told his
administrative service, that civil servants must be politically
sensitive. Some eyebrows, it seems, were raised among those who saw it
as an indication of the service drawing closer to the government, and
the line between public servants and the political masters becoming
blurred even more.
Those who say the public service should be politically
sensitive fail to understand how the public service operates.
Theoretically speaking, yes, public servants are politically neutral
when they cast their votes during election time.
However, once the government is formed, they have to put
aside their political allegiances and serve the government of the day.
That means carrying out the government's programme
efficiently and effectively, as well as formulating and refining
Realistically speaking, if they have happened to have
also personally voted for the victorious party, well and good, if not,
they must be professional enough to put aside their differences and
disappointments and do the jobs they have been paid to do by the
Moreover, if they cannot bring themselves to do so, then
they ought to look for other jobs outside the service. However, there
are also those who would argue that there is a very clear line
dividing the job of public servants and their political masters.
Cross the line, they say, and you compromise the
integrity of the civil service, making it an extension of the party in
However, in reality such a fine line rarely exists.
Public policies are not neatly packaged into little compartments, some
meant for politicians, others for civil servants.
For example, in Singapore, when the government decided on
a quota scheme to control the car population, civil servants must have
been as closely involved as the political leaders in devising the
various intricacies of the scheme. Part of the work was to make the
scheme more acceptable to the public, such as giving existing owners
of cars more than 10 years old a two year grace period.
In short, make the scheme politically more palatable to
the people. Should public servants refrain from even thinking about
these so-called political matters? Now, I do not know who first
thought of that two-year grace period. However, I am positive a
politically sensitive public servant would have been just as proud to
lay claim to it as his minister. So, is there any real difference in
the work of ministers and senior public servants?
There is at least one, and it is that ministers are
likely to spend a great deal more time thinking about what they want
to achieve, while public servants devote greater attention to
predicting the outcome of various alternative policies and perhaps
support some of his minister's political activities.
Take health policies for example. The minister must
settle basic questions such as how much of the cost of health care
ought to be subsidised by the state.
Needless to say, this involves fundamental questions
about 'values' - whether a heavily subsidised system such as that in
welfare states is preferable to one which is largely financed by the
Realistically speaking, public servants rarely think
about these matters, taking them as given and set by the politicians.
They would ideally devote their attention to calculating what
different subsidy levels might cost the government and how each of
these levels would affect health cost for the general public.
Now when ministers discuss questions of values, they
invariably have to think about what sort of society they want, taking
into account the existing values of the population.
If there is broad agreement or consensus among the
population on basic values that affect a particular policy, then
ministers know they will have relatively easy time selling them.
Of course, this does not mean there will be no
disagreement because those who even agree on basic values may differ
over how these values get translated into objectives, and ultimately,
However, serious problems arise when there is no such
consensus on fundamental issues, the population is divided and the
government is stymied into bargaining to sell these policies to the
Perhaps now, what are the policies that commonly fall
into this category? Here is how I would classify some of the more
controversial issues in a democratic country. Viz - those involved in
clash of fundamental values.
(A) Language: like for example the 'Sinhala only' policy
of S.W.R.D. Bandaranaike
(B) Culture: questions such as whether the different
races/ethnic groups should go out of their way to develop their own
cultures or submerge them in an attempt to develop a common Sri Lankan
(C) Religion: the need to maintain religious harmony.
There is still a sharp disagreement over how active religious groups
ought to be when reacting to pressing socio-economic issues
of the day.
Of course, these are also the main problems, which have
proved to be insoluble for the past three or more decades. It is a
very unfortunate fact that people who have been trying without success
to solve these problems count among them the very persons who were
partners in creating the problems in the first place.
Others who are trying to solve those problems are persons
who, for a long time now, have tried and failed to solve those
They should admit their failure and fade out of the scene
for good. "Old soldiers never die, they just fade away."
People of maturity and dynamism, without a long track record of
failure and with a vision for the future should now be give the
In addition, the government should recruit a competent,
commercially-oriented technocratic cadre, and insulate it from
day-to-day political interference to devise a credible economic
strategy and to establish a business friendly environment. That is the
only way to the future.
YKK Lanka launches
YKK Group had its official launching of YKK Lanka at its
state-of-the-art facility at the Seethawaka Industrial Park on
November 13, under the auspices of Minister of Commerce and Consumer
Affairs, Ravi Karunanayake.
This US$ 15 million factory situated on 35,000 square
feet of land brings to Sri Lanka's doorstep the YKK Group's global
network with world-class quality based on the twin pillars of
fastening products and architectural products. As a backward
integration project, YKK Lanka manufactures metal, coil and vislon
zippers for Sri Lanka's largest non-traditional exporter, the apparel
In his address, Minister Karunanayake said that at this
present time, when Sri Lanka was at the crossroads of her history,
global giants such as YKK setting up operations in Sri Lanka brings
with it the message to the rest of the world that Sri Lanka is gearing
towards bigger and better things in the world economy.
Managing Director, YKK Lanka, Keigo Hiramatsu said that
the company believes in creating new values with advanced technology
within the global framework and hence, has brought in that premise to
its operations in Sri Lanka. "In this challenging industry, our
edge over our competitors is the speedy and courteous customer service
with the value addition of a dynamic sales and marketing team,"
The 120,000th Janaratha motor insurance policy by
Janashakthi was recently handed over at a simple ceremony held at
their head office. Janashakthi created hassle free motor insurance in
the industry seven years ago by accepting vehicle insurance in their
product portfolio and took the market into a new dimension.
Janashakthi has excelled in the areas of providing a
faster settlement and a fair assessment of claims along with a high
level of service standard to its customers. Now, with the recent
acquisition of the National Insurance Company, Janashakthi has further
consolidated their market position by emerging as No. 2, ahead of all
other private insurers with a consolidated market share of 20% in
It is in this backdrop that JIC is launching its entire
motor insurance portfolio, including that of NIC under the Janaratha
brand name, bringing both businesses under one umbrella brand which
will benefit both NIC and JIC policy holders through the extensive
network island wide.
Speaking briefly at the occasion of handing over the
120,000th policy, Managing Director, JIC, C.T.A. Schaffter said,
"JIC with regard to general insurance proves to be a formidable
force in the local insurance industry since it posted a 26% growth
over the previous year, from Rs. 343 million to Rs. 432 million."
CBL wins top brand
Ceylon Biscuits Limited (CBL) the manufacturer and
exporter of Munchee Biscuits and Ritzbury Chocolates won two top
awards at the recently concluded Brand Excellence Awards 2002
organised for the first time by the Sri Lanka Institute of Marketing.
Munchee competed with a significant number of leading
local and multinational brands to win both gold and silver for the
'Product Brand of the Year' category at the event held on November 3,
at the Trans Asia Hotel.
The gold award won by Munchee Lemon Puff bears testimony
to its immense popularity among consumers. The silver award was for
Munchee as a brand.
Ceylon Biscuits takes great pride in the fact that they
secured both gold and silver awards at the same ceremony, further
indicating the popularity of their products under the Munchee brand.
The Apparel Industry Suppliers Exhibition 2002 (AISEX)
took place from November 8 to 10, at the Sri Lanka Exhibition and
Convention Centre in Colombo.
It was organised by the Sri Lanka Apparel Institute and
co-organised by CDC Conventions (Pvt) Ltd.
AISEX 2002 featured 70 top international brands
(suppliers and service organisations required by apparel
manufacturers) spread over 170 stalls at the exhibition site. Among
the brands were Juki, Pegasus, Hashima, Paff, Sintex, Barudan, Groz
Beckert, GSD, ZSK and
Gerber Technology. The exhibition, in fact, focused on a wide range of
apparel or textile machinery, accessories and services, from different
parts of the world.
It was an opportunity for suppliers, manufacturers and
services related to the apparel industry to display their latest range
In today's intensely competitive global export market,
the exhibition facilitated manufacturers to source the most
appropriate and best quality inputs needed at the best possible price,
without compromising on quality or productivity.
A special feature at AISEX was the modular system to
improve the productivity in the apparel industry. The Clothing
Industrial Training Institute was responsible for promoting this new
modular system in Sri Lanka. A special demonstration was carried out
at the exhibition displaying the advantages of implementing such a
The objective of the Sri Lanka Apparel Institute (SLAI),
the chief organiser, is to promote the science of designing and
producing apparels and the education and training of professionals in
the industries concerned. This would thereby improve the standard of
service to the personnel of the apparel industry.
The SLAI is a non profit making institute, which is the
pioneering and one of the active institutions responsible for
organising trade fairs and seminars related to the industry.
Co-organisers CDC Conventions (Pvt) Ltd., a fully owned
subsidiary of Connaissance De Ceylan Ltd., is in the business of
organising exhibitions and conferences in different fields which have
a direct and indirect impact on the country's economy in building new
avenues of business. CDC Conventions (Pvt.) Ltd., with a group of
young professionals with new and innovative ideas has a very strong
track record of handling 80% of the trade exhibitions in the country.
CNCI commends the
government on budget strategy
The Ceylon National Chamber of Industries has commended
the government for its strategy of lowering the debt on one hand and
controlling the recurrent expenditure on unproductive areas on the
other. Given below are excerps from a press release by the chamber on
the Budget 2003.
Budgeting to save Rs. 1.5 billion by rationalising the
public sector cadre and another Rs. 2.8 billion by the disposal of
idle assets is most welcome.
But we feel this is only a modest amount. It is hoped
that the government having realised that our country has one of the
greatest ratios of public officer to the population in the world will
endeavor to effect greater pruning of the state sector, thus not only
realising cost saving on unproductive sectors but also achieve a more
efficient and better paid public sector which will undoubtedly foster
industrial development rather than being an obstacle to it as at
Special incentive packages offered under the proposed BOI
to develop the regions is an encouraging step. But we are concerned as
to why this is being confined to BOI industries. Our chamber has
persistently been seeking a level playing field between the BOI and
non BOI concerns. It is hoped that these incentives will be available
to the industry in general and not confined to BOI concerns only.
Reform on land laws and making available the state lands
for private enterprises is most welcome. It is hoped that this will
lead to planned industrial estates and zones throughout the country to
facilitate healthy development of industries.
The proposals for rehabilitation of non-performing and
under-performing industries is very timely. Success of this, however,
will depend on the criteria that are still to be determined. Our
chamber will be glad to work closely with the government in the
effective implementation of this proposal.
Introduction of duties of 2 to 10% on those which do not
attract duties (this includes raw materials and machinery, etc) on the
one hand and the proposal to phase out the surcharge on the other are
counterproductive to the competitiveness of the industries. Industries
are not seeking handouts and endeavors to be competitive. But poor
infrastructure, high cost of power and interest and outdated labour
laws are some of the major factors which inhibit the local industry
Thus, to set off these handicaps, the local industry has
to be supported by tariff adjustments. Therefore, imposition of
additional duties on the raw materials and removal of surcharge on the
finished goods will have serious consequences and we do hope that
these will be reconsidered. The manner in which the VAT has been
introduced on the banks appears to conflict with the principles of
value added tax. Banks are sure to pass this on to the borrowers just
as they did with the NSL.
Thus, the cost to the industry is bound to go up. It is
heartening to note that the government has taken note of the need to
improve the effectiveness of the two state banks to reduce the
interest to the borrower and hope this will be accomplished soon.
Relaxation of some of the foreign exchange regulations
such as for issue of bid bonds, forward purchase of foreign exchange
and to purchase foreign exchange from any bank to settle import bills
on DA and DP will be helpful to the industries.
One of our major concerns is the extension of the VAT to
the retailers. This in practice is bound to increase the cost of
living as this VAT will get passed over to the consumer due to lack of
proper understanding. This step is most inopportune and unwise for
social and political stability.
Considering the fact that it is expected to collect only
Rs. 800 million and for which too we doubt the capacity of the
collection machinery to deliver the goods, it would be prudent to
reconsider this proposal.
The extension of the debit tax and the 15% tax on inward
remittances are negative steps of the budget proposals. The latter
particularly along with the extension of the VAT to the retailers will
adversely affect the poorer sections of our society.
CNCI is conscious of the limited resources of the
government saddled with huge debts and its limitation to mobilise
sufficient revenue. Given this limitation, the budget has attempted to
lay the foundation for the economic development of the country.
Our comments on the budget has been made with the full
realisation of these aspects. CNCI also thanks the government for
having embodied in the budget a number of suggestions we made in our
sales for Premier
Premier Pacific International (Pvt) Ltd., which recently
launched the company's second development project, a super luxury
residential and shopping complex, has achieved a record 25% sales of
apartments within six weeks.
The project titled Premier Pacific Pinnacle is expected
to cost Rs. 850 million and will be an elegant and aesthetically
pleasing addition to Colombo's skyline.
"The range of 16 types of apartments, customer
friendly and flexible payment schemes and the extensive customisation
support coupled with after sales service fulfil the desires of the
customers," said Director (Project), Nirosh Perera. The
unprecedented pre-payment offer is the most favoured and popular among
the customers, he revealed. The company has also introduced several
other novel payment schemes and a unique rental scheme.
The complex was designed following an extensive market
survey in both Sri Lanka and several Asian countries. It will house 58
apartments of 16 types of two and three bedrooms, while the commercial
section will have 66 shop units. The new world-class complex is an
11-storied building with two basements, ground floor and a mezzanine
level. The commercial section is from ground up to the fourth floor
and the residential section would be from the fifth floor upto the
ETF Board meets
During the last few weeks the ETF Board met some of the
employers who make large contributions to the fund with a view to
maintaining a close relationship with them and to create an awareness
of the many benefits for which active members are eligible for.
In order to bring the board closer to the members and
employers, the present management is targeting a higher return to the
members for the year 2002 by reducing recurring expenditure, improving
treasury management and increasing compliance among employers.
has taken steps to update the member accounts and is in the process of
mailing over 220,000 annual member statements per month from august
this year. Claim settlement is consistently within 21 days per claim
for over 65% of the claims received.
SLT to connect Hayleys
Sri Lanka Telecom has been entrusted to network the
headquarters of Hayleys and 14 Hayleys branch offices through its
state-of-the-art data services. Hayleys is one of the country's oldest
and largest conglomerates, whose annual revenue amounts to Rs. 16
billion. The group of companies is engaged in diversified business
interests: trading, plantation, tourism, agriculture, transportation,
As per the recently signed agreement signed by CEO, SLT,
Shuhei Anan and CEO, Hayleys, Sunil Mendis, SLT will connect Hayleys
branches of Maradana, Homagama, Kottawa, Ekala, Malabe, Grandpass,
Madampe, Galle, Mahabage, Dankotuwa and Wattala via a frame relay
CIM appoints new
The Chartered Institute of Marketing, Sri Lanka branch
held its annual general meeting recently and appointed a new executive
committee to manage the branch activities for the ensuing year.
Lasantha Wickremesooriya, a fellow of the institute and a
chartered marketer was elected as the new chairman to lead the branch.
Wickremesooriya is Director (Agriculture) of Brown &
Co. Ltd. Managing Director, Caltex, Kishu Gomez was elected senior
vice chairman. Business Development Manager, GE, Sri Lanka, Suren
Rajanathan was appointed vice chairman. Brand Manager, Coca Cola (Far
East), Lakshman Peiris will function as the secretary and Financial
Controller, Lenia Aqua, Viren Wijesinghe will function as the
From the committee, five members were selected as process
team leaders; Roshani Cooray (director operations, Brown & Co) as
the education liaison officer, Shiraz Latiff (general manager,
Precision Tech Services) team leader for diplomate development,
Mihindu Rajaratne (product manager, Singer Sri Lanka) team leader for
membership development, Rasika Wickramatunga (head of sales and
marketing, Bogawantalawa Plantations Ltd.) team leader for public
relations and Ameer Ahamed (managing director, Artbox Advertising) as
team leader for networking.
Other members of the executive committee are Sanjika
Perera (sales manager, HSBC), Rohantha Athukorale (category manager,
Reckitt Benckiser), Ruwani Wickremaratne (marketing manager, Ceylon
Chamber of Commerce), Yohan Binthara Amith (assistant manager,
sourcing, Unilever Ceylon) and Marlon Fernando (product manager,
Ceylinco Insurance). A unique feature in the newly appointed executive
committee is that all Exco members are chartered marketers, the
highest individual recognition awarded by CIM on its practising
The Finance & Guarantee Co. Ltd , a well established
and reputed company today celebrates success achieved from humble
beginnings through tough and hard times. As a company handed over to
Ceylico Consolidated 15 years ago, it has diversified into many
spheres of business and has grown into a cluster group under the
Ceylinco umbrella. Among these cluster companies is F&G Property Developers
(Pvt) Ltd., which has significantly contributed with a string of
extremely successful projects.
The Carlton apartments, a luxury apartment complex in
Colpetty was constructed and marketed by F&G Property Developers (Pvt)
Ltd. Turning a new leaf in entertainment they introduced a novel
concept, Fingara Town & Country Club which is regarded as the
first of this kind in Sri Lanka.
Deputy Chairman/Chief Executive of the Company, Mervyn
Jayasinghe is quite optimistic about this project and says that most
of the work has already been completed and the club will start
operations early next year.
Fingara Country Club offers many facilities to suit the
entire family, may it be to enjoy a day out or a relaxed dinner.
Situated in a three and a half acre extent land in Nugegod, this
offers many recreational activities such as a fully equipped gym,
video arcade, swimming pool, pool tables, library and a restaurant, to
name a few.
The membership has already exceeded 150 and the company
expects a huge demand in future. According to Jayasinghe Fingara is
unique since it's family oriented, unlike a conventional male
dominated club where families are seldom seen together.
Apart from this the company has embarked on a supermarket
complex in Pasyala. "The objective of the company is to develop
rural areas of the country and help small towns and villages to
develop, thus improving the living standards of the rural
community" added Jayasinghe.
The company has recently introduced Majestic Apartments,
an apartment complex designed to international standards at Station
Road, Wellawatte. This is targeted at people who intend to invest in
an apartment in Colombo but living elsewhere such as expatriates. The
area is highly residential, yet close to the Wellawatte town and the
popular Kinross beach.
Each apartment consists of a master bedroom with an
attached toilet and balcony, a second room with balcony, living room,
dinning room, utility room and a servants room. With imported bathroom
fittings, tiled floors and rust proof, powder coated aluminum windows,
these apartments look very attractive for any prospective owner. In
addition a 24 hour security service, ground floor parking with two
elevators , janitorial services, and a standby generator will be
provided by the company.
"The reason behind the success story of F&G
Group is its visionary leader, Chairman Deshamanya Lalith Kotelawala,
the board of directors and the dedicated staff," said Jayasinghe.
AMW marks 10th
anniversary of Good Year in Sri Lanka
Associated Motorways (AMW) is a pioneer automobile
marketer in Sri Lanka and the sole agent for world class brands like
Nissan, Yamaha, Maruti. AMW are also pioneers of the concept of
retread tyres in Sri Lanka, now catering to over 70% of the total
market requirement. AMW also manufactures quality, proven tyres for
all types of motorcycles, three-wheelers and bicycles.
AMW in the year 1992 joined hands with Good Year Tyre
& Rubber Company. Today the company is celebrating its 10th
anniversary as strong business partners.
Good Year is the largest tyre company in the world. Good
Year also owns top brands such as Sumitomo, Dunlop, Kelly, Fulda and
other associated brands which come under its umbrella. Good Year is
known for its quality, technology and diversity in the tyre industry.
Good Year has one of the largest budgets for research and
development which keeps it in the fore-front of tyre technology. In
the recent past Good Year's research findings came out with an unique
technology called Trinium Tyre Technology. Good Year Trinium Tyre
Technology is a revolutionary development that combines the expertise
of Good Year's Global Technical Centres in Japan, Europe and America.
The intricate blend of chemistry, design and engineering makes Good
Year the leading tyre accepted globally.
As testament to this, Good Year has won more Formula One
races and passed the chequered flag than any other tyre.
It takes a tough tyre to master Sri Lankan roads. Good
Year has done it for the past 60 years.
Good Year's wide range of products encompasses everything
from giant 12ft high earth mover tyres to minimised six inch tyres for
golf carts. Within its range Good Year has Eagle, Wrangler, GPS, and
The latest additions to its range are Fortera for the SUV,
Wrangler for the 4 x 4, Ventura, NCT-5, and GT-3 for high performance
comfort and pleasure.
Associated Motorways Limited was established in 1949.
Since then AMW has grown from strength to strength. The natural sequel
for success was the formation of the AMW Group of Companies.
Associated Rubber Industries Ltd., became the pioneer bicycle tyre
manufacturer. Associated Vacu-Lug Company Limited was the first (and
only) giant off-the-road tyre rebuilder. And Associated Batteries
Company Limited began the manufacture of Yuasa automotive batteries in
Master memory workshop
Everyone talks about their bad memory, but few people
ever do anything about it. Memory does not develop by itself. Your
memory can be trained easily to produce awe-inspiring results.
A systematically developed memory is a powerful tool for
a successful career and blank memories would be a thing of the past.
In this one-day workshop, under the personal coaching of Prof.
Lakshman Madurasinghe PhD, consultant psychologist, you will learn
tried and tested techniques to expand your memory storage and organise
your mind to retain and retrieve information like a mental filling
system and build a powerful memory. The next workshop is on November
19 (Poya), from 9 a.m. - 4 p.m. at Sunfo House, Colombo 5.
Kingsley to attend BFA
The BOAO Forum for Asia and China National Tourism
Administration will co-host the BFA Tourism Conference on November
17-22 in Guilin, China.
Southern Province Governor, Kingsley T. Wickramaratne,
founder member of BFA and member of the BFA Advisory Board is
scheduled to attend the conference. He will be chairing the first
session on Asian Tourism Co-operation and Development. Over 500
participants, among them state leaders and decision makers from 24
Asian countries are expected to be present.
The conference aims to promote and develop the tourism
sector in Asian countries and strengthen the cooperation and
collaboration between Asia and other parts of the world. This is the
first tourism conference to be held in China.
Also attending the conference will be Secretary, Ministry of Tourism, Prathap Ramanujam who is
billed to speak in one of the sessions and
Chairman, Sri Lanka Tourist Board, P.M. Withana.
E&J Gallo Wine
appreciation programme held
The E & J Gallo training programme has been designed
by Free Lanka Trading Co., to be a training tool to the young wine
waiters in the hospitality industry to achieve their goals.
To date Free Lanka Trading counts 10 years of training in
bar tendering. The Ceylon Hotel School Graduates Association and the
Sri Lanka Institute of Tourism and Hotel Management are conducting the
training programme in association with Free Lanka Trading Ltd. Free
Lanka are the exclusive distributor for E & J Gallo Wines, listed
in the Guinness Book Of Records as the largest winery in the world.
This programme over the last seven years has trained over
1400 people in six regions, giving an opportunity to all young wine
waiters in the hospitality industry to enjoy a day's training
programme with guided wine tasting and a quiz based on knowledge on
wines, wine growing countries, how wine is made, wine serving, wine
and food harmony etc. They also receive a wine book which helps them
to enhance their knowledge on wine services. Designed and compiled by
Free Lanka Trading Company Ltd. The participant receives a certificate
from the Sri Lanka Institute of Tourism and Hotel Management.
The six regions cover the entire country and from each
region the first five winners are privileged to undergo a week's
training at the Ceylon Hotel School free of charge. During the
training programme the entire hotel sector extends its co-operation.
These trainees are invited to fine dinning at five star hotels and
they get the opportunity to match food and wine with the assistance of
the hotel chefs. Picture shows Tourism Minister Gamini Lokuge
presenting an award to a winner.
A. Baur & Co.
opens new sales centre
To fulfil a long felt need A. Baur & Co. Ltd.,
recently opened a showroom and sales centre, strengthening its
commitment to serve the customer in the best possible way. Baur's is a
household name throughout the country and its parent company, Lanka-Baur
Holdings S.A., Switzerland has been associated with the country for
over a century.
With the introduction of biotech products specifically
for serious and life-threatening conditions, it has become necessary
for companies to have facilities to deal with customers direct, as
these products are quite expensive and the pharmacies will not be able
to stock due to the heavy investment involved. The company has also
diversified into surgicals, diagnostics and ophthalmics. As the direct
customer base has increased with the introduction of these products,
the new showroom and sales centre will be an added advantage.
"Contribute to the process of building peace,
building reconciliation, and helping your country, which is at cross
roads, to develop with the full range of life skills, of living
together, working together and co-existing with the people of all
communities, and the major religions in a meaningful way, you have
been taught in your great school," so said
High Commissioner for the United Kingdom in Sri Lanka Stephen
Evans at the Awards Ceremony of Gateway International School held
recently at the BMICH. The High Commissioner and his wife Sharon Evans
were the chief guests and Professor Dayantha Wijesekera was the guest
Continuing, Evans said, "I am incredibly impressed
by the awards ceremony, by its sleekness, by its organisation and
above all, by the contribution that is being made by the pupils of the
school, whether it was the delightful two and half year-olds, the
youngest children of the school who greeted Vice Chancellor Prof.
Dayantha Wijesekera, my wife Sharon and me; whether it was those who
performed the graceful pooja ceremony or those who performed various
dances, be it oriental or western; and all being done to the highest
possible standards by children who clearly have a great belief in
themselves, who worked together as a team to entertain us and to
produce a wonderful product in song and dance. The school's excellence
has not just been in the classroom or examination hall only."
programme in Pakistan
Computer Pioneers, an IT training programme for children
of 4 to 16 years developed and marketed by Gateway Computer Services
in Sri Lanka and NCC Education, UK, was recently introduced to
The training programme that is mapped to the subject
information and communication technology in the national curriculum in
UK, is gaining popularity in many countries.
In Pakistan, over a hundred English medium schools have
taken the programme to be included in the school curriculum.
Approximately 20,000 students are expected to take the
programme in these schools. The programme is structured to be
introduced to all grades in the school and the teachers are supported
with all necessary resources such as teacher guides, course books,
work plans, lesson plans etc.
All assessments are carried out by NCC Education who also
provide the certification.
Dr. H.K. Alles, who serves as a managing consultant for
NCC Education, UK, recently visited Pakistan together with a team of
teacher trainers to do the initial teacher training for teachers of
New product from Maliban
In keeping with stiff competition in a fast growing
market, Maliban Biscuits Manufactories (Pvt) Ltd., launched a new
At a recently held press conference 'Seasame Crackers,' a
biscuit with a new flavour was introduced for biscuit lovers of the
The biscuits made out of seasame is expected to create a
sensation among the public. According to officials of Maliban, they
have always kept to the high standards of quality expected by the
Despite the ever growing competition in the market for
the introduction of new biscuits officials at Maliban feel their
product will always remain the most sought after in the market.
The introduction of seasame crackers comes after much
research where it was revealed that biscuit lovers wanted something
unusual and different in terms of flavour and seasame seemed the right
With the crispy taste and a touch of seasame flavour
these biscuits are expected to become the most talked of biscuit in
the country soon.
The best of brain power
Don't miss the popular Carlsberg Quiz Nights at the
Echelon Pub, Hilton Colombo on Mondays and Clancy's Irish Pub on
Wednesdays, by courtesy of Carlsberg.
At the Echelon Pub each competing team will consist of
not more than six participants and the Carlsberg Quiz will be
conducted by the Quiz Master who will field a set of questions from
trivia pursuits. A winning team and two runners-up will be selected.
Weekly a large cake and pitches of beer will be awarded to the winning
The prize structure on accumulated Quiz Nights score tabs
over the weeks at Echelon Pub are: 6 T-shirts for 100 points scores; 6
wrist-watches plus lunch vouchers for 6 at the Hilton Coffee Shop or
Curry Leaf for 220 points; 6 binoculars and 6 vouchers redeemable at
Il Ponte for 350 points. The team to reach the accumulate score of 500
points will be entitled to a grand prize of a swinging party at Fine
Things for 60 guests with sound, lighting, DJing and five kegs of beer
with the compliments of Carlsberg and 50% off the snack menu, courtesy
At Clancy's however, the prize structure is slightly
different. In addition to weekly Rs.5,000 cash prizes and Rs.5,000
gift vouchers, on offer are accumulate team score prizes of 6 T-shirts
for 300 points, 6 watches for 560 points and 6 binoculars for 840
points. Score 1100 points and win the Grand Prize of a party for 50
guests at Clancy's (DJ, lighting, sound and five kegs of beer
included) with 50% off on the food menu.
Test your brain power tomorrow and again on Wednesday
and, who knows, your team might end up enjoying a rollicking evening
out in the company of friends with the compliments of Carlsberg.