improves performance anticipating privatisation of management
an effort to obtain good bids for its proposed privatisation of
management next year, the National Lotteries Board (NLB) has taken
steps to greatly boost its performance.
fact, it is intended to achieve sales of Rs. 6.2 billion next year,
and improve profits to Rs. 647 million after all operational expenses
and contributions to the government.
NLB has witnessed a steady growth in turnover and profits. Earlier,
the anticipated profits for 2002 was Rs. 364 million, but it is now
estimated that the figure will reach Rs. 419 million.
was previously believed that the gross revenue for 2002 would be Rs.
3.5 billion, but now the figure has been revised to Rs. 4.2 billion.
In 1999, sales amounted to only Rs. 2 billion. In 2000 it reached Rs.
2.4 billion and in 2001 was Rs. 3.2 billion.
Director, NLB, Mohan Wijesinghe claimed they had increased sales by
30-40% this year. He attributed this improved performance to the
dedicated efforts of the staff and the new board appointed in March
board comprises of Chairman Imthiaz Ismail, Executive Director Mohan
Wijesinghe, Vijitha Fernando, Ishini Mudalige and Shan Perera.
said it is hoped to select the successful investor for management
control by March next year. By June, it is planned to have the new
management take over NLB's operations.
board will thereafter play a supervisory role, and also be responsible
for monitoring the agreement between the government and the successful
is proposed to appoint the board as the prudential supervisor of the
lotteries sector in Sri Lanka. The board is also expected to advice
the government on lottery management.
believes that the transfer of technology and international lottery
management expertise that would follow privatisation may greatly
enhance their performance during the seven year period of the
successful bidder will be required to make a payment of Rs. 3 billion
to the government at the time of signing the management agreement. In
addition, a percentage of annual gross revenue of NLB or the
equivalent of US$ 15 million adjusted for GDP growth for the year
(whichever is higher) should be paid to the government for the period
of 7 years.
has been decided that 26.5% be the minimum bid percentage for the
competitive bidding purpose.
bidding will take place using the facilities of the Colombo Stock
Exchange early next year. The successful investor will be the one who
bids the highest percentage of gross revenue to the government. One
condition which the bidder will have to abide by is that a minimum
allocation of 47% of the gross revenue should be earmarked for prize
present, 47% of the gross revenue is earmarked for prize money, 15.08%
paid as agents' commissions, and 17% goes to the government through
the consolidated fund. With the balance, the NLB has to meet its
operational expenses while the remainder is recorded as profits.
said they have already contributed Rs. 1 billion to the consolidated
fund this year. The Treasury allocates these monies to various
ministries for developmental purposes.
stated that they have placed their employees on the field to obtain
feedback and listen to dealers' grievances. He also said they have
discontinued the practice of offering tickets on a credit basis.
presently has 55 active district dealers and 3500 agents (under whom
there are a large number of sub-agents).
said that when the new board took over, they found that audited
accounts were available only upto 1999, but now the audits upto 2001
have been concluded.
also claimed that they have operated within the budgetary allocations
with regard to PR, advertising and marketing.
to Wijesinghe, at present only about 10% of the population purchase
lotteries on a regular basis, and that too at the lower end of the
market. He said NLB is planning to target the middle and upper
classes. He believes that with privatisation (which will result in the
transfer of technology and expertise) they will be able to improve
sales by targetting these sections as well. NLB currently claims a
market share of around 70% in the lotteries sector in Sri Lanka.
General Manager, NLB, G.M.K. Bandara said they have a draft 5-year
corporate plan which focuses on boosting sales. He added that it will
be implemented from next year. Another proposal is to establish a
special unit to conduct research and development.
General Manager (Marketing), NLB, Amarakoon Arachchi said they sell
2.9 million tickets per day.
also said the prize structure was changed so that more people would
benefit. He stated that they intend doubling the number of tickets
further noted that they have appointed about 30 new district dealers.
According to him, the NLB traces its roots to a lottery launched in
1955 which aimed to provide funds for medical facilities through the
said the NLB was established by the Finance Act No. 11 of 1963.
General Manager (Finance), NLB, Rohan Jayasinghe said they have
reorganised the dealer network and appointed good dealers. He claimed
this strategy has proved successfully, and they have improved sales by
more than 100%.
make Rs. 1.50 per ticket sold, while district dealers keep 8 cents.
There is also a program under which Samurdhi beneficiaries are offered
jobs as agents. Around 300 people have been employed in this manner.
Jayasinghe said their advertising is now more focused and directed at
the target market.
to raise employment?
question whether loss making and sick state industries should be
allowed to continue or be forced to close down or sold off to the
private sector has become a crucial question in connection with Sri
Lanka's economic revival.
is argued that a policy of free industrial exit is a must within a
policy of free industrial entry. The country, in fact, should be
moving in that direction if we are to tackle the unemployment problem
in the medium and long term.
this purpose, it is necessary first to draw a distinction between
economic employment and social employment. For employment to be
economic, the marginal productivity of labour must be equal to or
greater than the wage.
industries in which economic employment is provided, industries will
be profitable, because there is an adequate return on the investment
made in them.
employment for which this condition is not satisfied, where the
marginal productivity of labour is below the wage, should be correctly
defined as social employment.
prevails in sick industries and loss making corporations. To cover the
losses from which such industries must necessarily suffer, they must
be provided with subsidies, whether they are explicit or are provided
in some implicit form. These subsidies utilise resources that would
otherwise be available for investment in new viable industries.
employment effects of a subsidy and of investment are quite different.
A subsidy sustains a given value of social employment that is
temporary in nature. The subsidy has to be provided every year in
order to sustain it.
the other hand, investment in new viable industries generates a
certain volume of economic employment that is permanent in nature.
year's investment creates employment that remains forever and adds to
the volume of such employment created in previous years. Therefore,
the employment generated by investment increases cumulatively over
this subsidy to a sick industry is stopped the industry would have to
close down and the employment in it would be lost. However, investment
of the resources thus released can be made in new viable industries in
which the employment will rise cumulatively over time.
if the employment generated in each year by investment of these
resources is smaller than the employment lost in the sick industry
that has been closed down, the fact that it rises cumulatively over
time, will ultimately make it larger than the social employment that
has been lost.
cumulative ratio of the employment generated in new industries to the
employment that is lost in the sick industries depends on the subsidy
per worker in the sick industry and the investment per worker in the
new viable industries.
ratio of employment generated to employment lost rises steadily with
the passage of time. The higher the subsidy per worker and the lower
the investment per worker, this ratio will continue to rise reducing
even after new economic employment gained has become equal to the
relief employment lost, employment will continue to rise so that total
employment will become larger than it would have been by maintaining
the sick industry.
employment generation in new industries will be increased by the
employment in construction that will become possible as new investment
the growth of employment will be accelerated by compounding effect of
the new investment that can be made from the profits of the new
industries. Sick industries do not make profits.
argument applies equally to sick industries that can be made viable by
restructuring, i.e. by dismissing some workers and investing
additional resources in it. It will be necessary for this purpose to
compare the subsidy per worker and the investment per worker in such
an industry as if the industry was completely closed down and then
restarted. The total investment in the restructuring industry and the
smaller complement of workers in it would have to be taken into
many cases, this shows that closing the industry down completely and
investing in new viable industries would be preferable to
policy of free industrial exits may result in temporary fall in
employment. Arrangements to provide retraining and interim relief to
those who lose their jobs would, of course, be necessary.
costs involved would be available from the value of the recoverable
assets of the sick industries that are closed down. On the whole,
these resources are likely to be adequate.
greater the employment orientation of investment under a liberated
system may, in any case, offset even the temporary fall in employment.
conclusion is inescapable. Far from reducing employment, a policy of
free industrial exits could actually increase employment.
fact, employment generated by such a policy will be more than what was
lost by closing down sick industries or loss making corporations.
architects attend BATIMAT Exhibition
international building exhibition BATIMAT Asia was held in Singapore
at the Suntec City International Convention and Exhibition Centre last
month. Over 500 delegates from 40 countries participated at the
specifiers forum addressed by world renowned architects, developers,
international contractors and other building professionals.
the 26 speakers were French architect Paul Andrew, chief architect and
vice president, Airports de Paris, architect for the new international
airport of Shanghai-Pudong in China, the Maritime Museum of Osaka and
the Beijing National Grand Theatre, international award winning world
renowned Australian architect Michael Rayner, and Malaysian architect
Dr. Kenneth Young who is a specialist in the design of high quality
large buildings that are ecologically sustainable.
visits included esplanade theatres on the bay and Singapore's National
Performing Arts Centre opened on October 12. This architectural
marvel, with its distinctive twin shells with the unique 2000 seat
capacity theatre, is an icon on the international scene.
were nearly 200 exhibitors of latest building products, components,
fixtures, fittings and materials with illustrations and demonstrations
on their use. The exhibition was open to the public.
Twelve Sri Lankan architects accompanied by the President, SLIA,
architect Dudley Waas attended the conference.
are (L to R), Managing Director, Hunter Douglas Singapore, Chua Yew
Hor, Chairman, Architects Regional Council ASIA, Syed Zaigham Jaffery,
General Secretary ARCASIA, Ejaz Ahed, President, SLIA, Dudley Waas and
Past President, Singapore Institute of Architects, Tham Tuck Cheong.
The picture was taken at the Singapore architects awards night
sponsored by Hunter Douglas held at the Stamford Ballroom of the
path to a marketing career
Postgraduate Diploma in Marketing professional qualification of the
Chartered Institute of Marketing (CIM), UK, offers aspiring marketers
a path to a successful career in marketing meeting international
the world's largest professional body for marketing is represented in
Sri Lanka by the CIM Sri Lanka branch which coordinates activities of
the institute. Education Liaison Officer, CIM, Sri Lanka Branch,
Roshani Cooray provided an overview of the course, the entry
requirements and some unique aspects of the qualification.
CIM qualifications are designed to support the personal and
professional development of individuals working within the marketing
function and related areas. The overall aim of the qualifications
focuses on the core aspects of marketing theory and practice in an
integrated and applied fashion" stated Cooray.
went on to say that "the syllabus is designed to be relevant to
the needs of today's marketing practitioners - marketing is a dynamic
subject and the focus keeps pace with the requirements of an
increasingly competitive environment."
syllabus as a whole aims to provide marketing professionals with a
range of knowledge and understanding of key marketing concepts
frameworks or techniques which they can then apply in the workplace.
Individuals can benefit from a breadth and depth of marketing
knowledge whatever their work role or industry sector as marketing is
the essential business discipline."
said that in Sri Lanka, students have two options when seeking a
professional marketing qualification: the Postgraduate Diploma in
Marketing and the Postgraduate Diploma in Apparel Marketing, both
offered by CIM, UK.
over the age of 18 years who possess five passes at the GCE Ordinary
Level examination including two credits (which includes one in
English) and possess two passes at the GCE Advanced Level examination
(local) or one pass at the GCE A/L (UK) examination are eligible to
register as student members.
over 19 years of age who possess one year's full time work experience
are also eligible to apply for student membership. Entry to the
Postgraduate Diploma in Apparel Marketing requires students to have
middle senior managerial experience with at least two years experience
in the apparel industry with experience in merchandising/marketing and
a good command of the English language. Selection for the apparel
programme would be merit based, said Cooray.
CIM Postgraduate Diploma in Marketing programme consists of three
stages: the Certificate in Marketing, Advanced Certificate in
Marketing and the Diploma in Marketing. The Postgraduate Diploma in
Apparel Marketing programme consists of the Certificate in Apparel
Marketing, the Advanced Certificate in Apparel Marketing and the
Postgraduate Diploma in Apparel Marketing.
to Cooray, each stage consists of four subjects which concentrate on
the fundamental, operational and strategic aspects of marketing.
a background on the programme, Cooray explained that the CIM was
established over 80 years ago, and is the world's largest professional
body for marketing practitioners. It is also an international
membership body for marketing professionals that is dedicated to the
continuous development of marketing skills.
CIM programme also offers students the opportunity of continuing with
their postgraduate education at recognised universities by gaining
entry into MBA programmes. CIM also provides an opportunity for
diplomates and members to keep abreast of the constant changes in the
marketing arena through the completion of Continuous Professional
leads to eligible individuals being awarded the prestigious chartered
marketer status by the CIM, which is an individual charter status in
marketing. The chartered marketer status is held by only 119 Sri
Lankans currently, the elite few who have met the requirements of CIM
and are seen to be the leaders in their professions.
could follow CIM lectures at any of the five accredited tuition
centres in Sri Lanka for the Postgraduate Diploma in Marketing
programme. The accredited tuition centres are Academy of Business
Studies, Aquinas College of Higher Education, Oxonia Institute, SLIM
Business School and Synergy School of Marketing.
tuition centres for the Postgraduate Diploma in Apparel Marketing
programme are SLIM Business School and Synergy School of Marketing.
stand to benefit by following lectures at accredited institutes since
they meet CIM's guidelines on facilities provided and are also updated
on course and examination developments and enhancements.
CIM Sri Lanka branch supports the student and the tuition activities
by facilitating the registration and examination entry process and
providing administrative support.
branch also houses a reference library, which has a wide range of
marketing and management books, as well as course-specific material
for the CIM programmes. CIM Sri Lanka has over 650 members and over
3500 students at present.
shifts to coal
Lanka has just completed the commissioning of a new, state-of-the-art
coal grinding plant at their Puttalam Cement Works. The plant dries
and grinds raw, wet coal to a quality which enables it to be then
fired in both of the rotary cement kilns at the factory to produce
fully replaces the use of expensive heavy fuel oil (HFO) and offers
Holcim a strong opportunity to moderate thermal fuel costs involved in
manufacturing cement clinker. The conversion to coal allows some
relief in the face of recent oil price hikes, and the frequent rises
in electricity supply fees. Although Holcim is the only company that
imports and uses bulk coal, it has been subjected to the revised
import duties in a highly competitive environment.
coal (currently of Indonesian origin) is imported in 25,000 tons
shipments via either the Colombo or Trincomalee ports and transported
to Puttalam in a totally environmentally sensitive manner. The coal
sourced is a low sulfur variety, and its ash is absorbed into the
cement clinker substantially improving the quality of the clinker when
compared with oil-fired clinker. The alumina from the coal ash
enriches the quality of the clinker and in doing so, extends the
natural reserves of good quality limestone available at the quarry.
training was conducted for local operations and maintenance staff,
through local application and secondments to Holcim's facilities in
Thailand and Vietnam, which have long since been firing coal. Holcim
Lanka staff have the capabilities and skills to operate the plant and
equipment safely and efficiently to top international standards.
Lanka views this successful project as a key example of the company's
on-going activities in increasing the effectiveness of indigenous
cement manufacturing and to the sustainable development of the
industry in Sri Lanka contributing substantially to the nation's
Robbialac shows its true colours
Robbialac, which has coloured the lives of Sri Lankans for many years,
was last month able to show off its true colours.
is a very quality-conscious company. We are very concerned and
thoughtful about what we give to the consumer," said General
Manager (Paints), Lankem, Tony Ranasinghe.
as if a Lankem dream come true, last month, Lankem paints were awarded
the ISO 9000 certification for quality. "We are one of the first
companies to receive it and it is a great achievement," said
Robbialac enamel, emulsion, weathercoat, ancillaries, primers,
kemikote, floor coat, autocoat and woodcare range celebrated with a
quality certification last month was in existence four decades ago.
Today, the kemikote range has some breathtaking colours. In fact, they
look too good to be used on the floor. But facts are stubborn and so
are these Robbialac paints. Tough and weather resistant, they continue
to decorate and colour our lives, come what may.
ocean blue, green, brown, grey and terra cotta are some of the colours
to be used on the floor.
super gloss enamel is available in brilliant white, ordinary white and
black. But there are other breathtaking yet subtle colours as minerva
grey, sugar cane, pastel green, butter milk, surf green and salmon.
Bahama brown, dark green, golden sand, antique brown and sylvan green
are some of the more stronger shades.
every time, everything around us is beaten by weather. But not
Robbialac's weathercoat. Available in lovely colours as coffee, sugar
cane, new wave, grey, magnolia, country cream and lychee to name a
few, these can truly change lives.
satin lustre is the ultimate comfort in colouring with post office
red, golden brown and trafalgar blue standing out as the darker
the Lankem range of paints offers over 50 colours. Their reasonable
prices and quality products have made Robbialac the sought-after
paint. "We market in emulsion alone about 50 colours. These are
manufactured using conventional and specific pigments. Robbialac is a
pioneer in the modern paint industry," pointed out Ranasinghe.
Robbialac claims to capture the colours of paradise and this seems
true. For it is colour that makes all the difference. A dull
atmosphere causes gloom and despondency, but add the bright and pastel
shades to our surroundings and our outlook changes, our lives change
and our living styles change too.
which took over Robbialac in 1984, has remained strong in Sri Lanka's
building and interior agenda.
was very happy when the SLS officers came for the certification and
observed that we were maintaining standards which were far above ISO
requirements. When they came for the trial audit and subsequently for
the compliance audit they said that even the current ISO certified
companies do not have these conditions. I give the credit to the
employees," said Ranasinghe.
paints are made in Sri Lanka for Sri Lankan conditions and climate.
When asked whether Lankem has received complaints with regard to
Robbialac, Ranasinghe said that there have been only a few negative
complaints and that those too were not serious. "We have not come
across any colour complaints, or any serious problems for that
matter," he said.
Robbialac also has a good marketing team. One is able to walk into the
offices at Sri Sangaraja Mawatha and meet this team for advice.
can walk in here and talk to anybody. When necessary our people will
personally go and attend to the matter. Even if it is in the
outstations we make sure that a sales representative visits that
place," said Ranasinghe.
buy our material from reputed companies in the world," he stated.
paints are vibrant, yet do not leave out those who prefer to be sombre.
Their colour book spells out ideas. The creams and the greens, the
pinks and the pastels are all in perfect harmony with our lives.
paint their houses to make it decorative, clean and to maintain
prestige," said Tony Ranasinghe, drawing light and consciousness
as to why people actually paint their houses.
Robbialac has become a household name today and there are many people
who live with and within the Robbialac name and colour. Paint colours
our lives and our surroundings and we have to live with it. This is
why we have to be careful about what colour we pick
and what paint we choose for it is a decision we have to live
satellite covering Sri Lanka launched
Skies Satellites N.V. - a global satellite operator based in Holland -
last week launched a satellite that would cover Sri Lanka.
satellite called NSS - 6 was launched on December 17 and will enhance
the satellite services available in the Indian subcontinent.
is a high-powered Ku-band satellite with small Ka-band payload. It is
designed for broadband content delivery throughout Asia with
connectivity to European and American - originated fibre networks.
has up to fifty 54 MHz and 36 MHz transponders individually switchable
between beams, and up to 15 transponders per market.
services of this satellite is ideal for DTH television (150 +
channels) and broadband Internet. It must also be mentioned that it
interconnects with all other beams for pan-Asian connectivity, and
provides three Ka-band uplink spots for two way service potential with
satellite coverage of Sri Lanka will be of high performance capacity
(Ku-band uplink: 13.75-14.00 GHz, 14.00-14.25 GHz; Ku-band downlink:
10.95-11.20 GHz, 12.50-12.75 GHz).
NSS-6 Ka-band beams will offer two-way broadband services including
telemedicine, distance learning, national Internet services and
President, New Skies, Andrew R. D'Uva said their satellites cover the
said NSS-6, which is the company's sixth satellite, covers 65% of the
to D'Uva, they operate in over 100 countries.
stated that 8 of the 15 transponders of NSS-6 over the Indian
subcontinent have already been sold.
transponder is of 36 MHz capacity and can hold up to 10 TV channels.
who was in Sri Lanka last week, met officials of the
Telecommunications Regulatory Commission of Sri Lanka (TRC). He had
advocated an open skies policy and permitting their competitors to
access their services.
also felt that national regulatory authorities like the TRC should not
relicense satellite operators. "What we say is that any licensing
or authorisation should be managed at local level. In this regard, we
suggest they take a technologically neutral approach," he stated.
believed that if it is possible for a local company (under the terms
of its authorisation) to establish international circuits, the local
operators should be able to select the technology that best meets
had also suggested that licensing fees should be based on
administrative costs only, and not as a revenue generator for the
government. He advocated a cost-recovery based solution.
pointed out that if the cost of acquiring a spectrum is low, then the
cost of the service will be low.
on the approach taken by different countries in this regard, he said
it ranges from being "completely free to quite expensive."
noted that in the U.S., they can license a satellite station for Rs.
300,000 for a 10-year period, and Rs. 15,000 as annual costs. Because
of such low fees, the U.S. has one of the highest penetration rates,
particularly for V-sat services.
are much higher in Sri Lanka, at Rs. 120,000 per year per station. In
India too, the fee is lower than in Sri Lanka.
said that considering pre-sales activity, the Indian subcontinent is
the most important market for NSS-6.
Skies satellites' services include video, Internet and telephony/data.
2003, they will have a complete, high-powered global Ku-band network
for both intercontinental connectivity and direct content
achieves export milestone
CEAT, the Sri Lanka-India joint venture tyre manufacturer, recorded a
significant milestone recently with the flagging off of its 100th
container of locally manufactured commercial vehicle tyres to India
under the Indo-Lanka Free Trade Agreement (FTA).
months since it began exports under the FTA, the company has exported
tyres for trucks, buses, light trucks, tractors, tractor trailers and
animal drawn vehicles to India to the value of Rs. 150 million. The
100th container was flagged off by the Minister of Commerce and
Consumer Affairs, Ravi Karunanayake at a ceremony organised by the
company at its Kelaniya plant.
on the occasion, Managing Director, CEAT-Kelani Associated Holdings,
Ramesh Ramanathan said that CEAT's exports under the FTA is a clear
example of a local company that has successfully utilised concessions
granted under the FTA for growth in its business.
CEAT-Kelani Associated Holdings, Chanaka de Silva said, "We
anticipate that CEAT's exports will top 3000 metric tons by the end of
the current financial year and that this will have a very positive
impact on capacity utilisation of resources of the company. The
complete elimination of customs duty under the FTA expected in January
2003 will further enhance potential."
demand in India for tyres manufactured in Sri Lanka has been
tremendous. We have succeeded in achieving this milestone through
adherence to stringent quality standards in the entire production
process," he added.
launches FRAs and IRSs
Association of Primary Dealers (APD) launched a series of Forward Rate
Agreements (FRAs) and Interest Rates Swaps (IRSs) at the recently held
widely attended national conference on fixed income securities market.
At this conference, four agreements were exchanged amongst Seylan Bank
Asset Management Ltd., HNB Securities Ltd., First Capital Treasuries
Ltd., Ceylinco Shriram Securities Ltd. and People's Bank. The total
amount of the FRAs and swaps was Rs. 200 million.
association arranged with Naomal Goonawardena, partner of Nithya
Partners, the firm of lawyers, for drafting of the required
documentation based on the master agreements of the International Swap
Dealers Association (ISDA).
chief guest at the conference held on December 10, where the
instruments were launched was Governor, Central Bank of Sri Lanka, A.
in the photograph are Director/General Manager/Chief Executive, Seylan
Bank, Rohini Nanayakkara, President, Association of Primary Dealers
and Director/Chief Executive Officer, Seylan Bank Asset Management
Ltd., Ajantha Madurap-peruma, Governor, Central Bank of Sri Lanka, A.
S. Jayawardena and Head, HNB Securities Ltd., G. Ramanan after
exchanging a FRA and an IRS for Rs. 50 million each.
information centre in Kandy
CIMA Sri Lanka Division recently launched the CIMA information centre
at D.S. Senanayake Veediya, Kandy, under the guidance of Coordinator (Kandy),
CIMA, Mahasena Senanayake who is a fellow member of CIMA. President,
CIMA (Sri Lanka Division), Sudarshan Senaratne said that the CIMA
information centre in Kandy now offers a complete registration service
in addition to all other services for CIMA students in Kandy.
Senaratne thanked Mahasena Senanayake for the encouragement and
support shown towards establishing this informaton centre.
said that with the establishment of the information centre, students
will have access to a wider services package inclusive of career
guidance, job placement for approved accountancy training and computer
based assessments. He added that seminars targeting both the students
body and the business community will be held over the year. The centre
will be kept open at appointed dates and times.
and calling Bonanza
for Cellcard subscribers
unexpected cash and calling bonanza awaits lucky Cellcard subscribers
this festive season, through a simple yet exciting promotion from
Celltel, the pioneer cellular operator.
December 6, the company will pick at random one subscriber a day till
January 14, 2003, from its Cellcard user base, who make at least one
outgoing call that day, and present him or her with Rs. 5000 in cash
and Rs. 5000 in credit for calls.
promotion is aptly titled 'Walk Away With 5000, Talk Away With 5000'
and is intended to reward Cellcard users who represent a substantial
segment of the company's analog and GSM subscribers.
promotion adds further value during the festive season, to the already
popular Cellcard," Commercial Director, Celltel, Aniljit Singh
said. "Cellcard has been the leader in offering value to cellular
subscribers, with up to one minute incoming free, Rs. 2 unlimited
incoming during off-peak, low night rates, unlimited validity and free
new cash bonanza will be available to Cellcard users throughout Sri
Lanka, and winners in the provinces will have the facility of
collecting their prizes from Celltel dealers in those areas, he said.
Winners will be called on their cellular phones, and therefore to be
eligible, their phones should be answered when called.
pile testing of
Premier Pacific Pinnacle
Pacific International (Pvt) Ltd., has set a new standard in the
construction industry in Sri Lanka by construction work currently
being undertaken on a world-class building - Premier Pacific Pinnacle.
project comprising two basements, ground and eleven upper floors is
estimated to cost Rs. 850 million. The super luxury residential and
shopping complex would be an architectural and engineering
masterpiece, said Director in Charge of the Project, Nirosh Perera.
said that the strength of a tall multi-story building firstly depends
on the design and construction quality of the supper structure and
secondly on the sub-structure and ultimately on the piling to the rock
added that at Premier
Pacific, piles constructed are exposed to multiple testing to confirm
their high quality, particularly their ability to carry heavy loads,
capability to withstand sudden impacts and finally the prospects for
long-term life. The testing of piles were done through three methods
and results integrated.
integrity was initially tested through low strain 'pulse echo' method
- when the pile is impacted by a small hand held hammer, the
compression wave which travels down the pile is tested by a small
computer based pile integrity tester which is placed on top of the
pile. The wave reflection signals recorded on the accelerometer
confirm the shape and length of the pile and also expose variations
such as honeycombs, depressions and bulging.
most popular pile testing method for buildings in Sri Lanka is through
Static Load Tests. The test piles of Premier Pacific Pinnacle were
loaded with 450 tonnes and weight transferred to the pile by
activation of the hydraulic jack placed on top of the pile. The
ability of the pile to carry the load of the building and pile
flexibility is confirmed by this test.
third and the novel application used by Premier Pacific is the
state-of-the-art Dynamic Pile Testing where a solid iron weight of
almost 10 tonnes was dropped on top of the pile from three different
heights using two cranes, one to lift the load and the other to push
the hook to drop the load. The wave signals received by the pair of
transducers attached near the pile top were recorded by a pair of
accelerometers which were also attached near the top of the pile.
signals or impact were transmitted through a data transmission service
of a digital network to a computer located in Malaysia using software
of the Pile Dynamic Testing (PDA) system. The results of analysis were
interpreted with the assistance of experts in this field in Sri Lanka,
Geotech Testing Services (Pvt) Ltd. The entire PDA testing was
conducted by an authority in this field, Managing Director, Geotech,
Bell signs agreement with Sathosa
Bell recently signed an agreement with Sathosa for the provision of
voice and data telecommunication facilities for the islandwide network
of Sathosa outlets. This agreement which will interconnect all Sathosa
outlets will result in a major decrease in Sathosa's total
telecommunication costs. The agreement was signed by Sathosa Chairman,
Lal Wickrematunge for Sathosa and Managing Director, Lanka Bell, Joey
V. Mendoza for Lanka Bell.
present at the signing ceremony were Minister of Commerce, Ravi
Karunanayake, General Manager - Finance, Lanka Bell, Suren
Goonewardene, Head of Sales, Lanka Bell, Rishad Mansoor and
Industry Manager, Lanka Bell, Zuheyr Thalbreez.
set to knockout duplicates
of duplicates of famous brand names is fast becoming a pestilence in
the Sri Lankan clothing market. Pollution in trade practices lacking
in social conscience have downgraded the business etiquette in this
this scenario, Hameedia is straining every sinew and nerve to arrest
the cancerous growth of duplicate hegemony in the clothing market.
a clothier with high traditions and honourable trade practices is
aggressively moving into the polluted market with real, genuine and
100% originals of reputed brands
such as Van Heusen, Arrow, Louise Phillip, Lee, Raymond, Adidas in
addition to their own brands LeBond,
Envoy, Signature and Rugby etc.
do not take the customer for a ride by deception. We take the customer
into confidence and provide the genuine stuff and thereby win customer
confidence in return," a spokesman said.
is their philosophy to treat every customer need as paramount and not
deceive him/her for the sake of easy gains. This is Hameedia's
strength in the upmarket. By dealing in originals they have ensured
shop products are genuine and take pride in it.
activities of Hameedia have been carried out with a genuine social
conscience with a commitment to deliver on
customers' expectations with no harm to society. It has also
taken up as their own task to educate the general public on duplicates
and fakes. All offers by Hameedia have been carefully selected and in
line with current seasonal trends around the world.
one visits Hameedia showrooms during the season, one can be assured
that he/she will not leave the shop with substandard or duplicate
items of the famous brands but the original items. That is their
guarantee and commitment.
markets the most fashionable clothes and ready to wear with a splash
of colour and texture not
has put in place a plan during this festive season to serve the
customers with a whole
range of classy originals to keep up with the latest in style and
comfort, befitting the occasion. Every piece is hand-picked and is
100% original. This is where they have the cutting edge over the
seasonal slogan is "Buy
more and save more" and in keeping with this is offering
new motorcycles from
Motors Lanka Limited (UMLL) has taken another step forward by
introducing a brand new motorcycle to the local market. Billed to be a
popular brand, the new product is available at the United Motors'
Showrooms at Hyde Park Corner, Colombo 2 and their dealers islandwide.
motorcycle which is assembled in China to Japanese styling and quality
tested by UML, is sold under the UniMo JINHAO brand of UMLL.
priced, the UniMo motorcycle comes in more than 25 models and many
engine capacities. It also comes with a 12-month or 10,000km warranty
from United Motors, Sri Lanka's largest automobile company equipped
with one of the best workshops to carry out after sales service to all
its vehicles including motorcycles.
spokesman for the company said that the Sri Lankan market now has the
advantage of purchasing a good quality, tested and a proven motorcycle
that gives the best in value for money from a reputed company
committed to superior after sales service. He also added that although
similar products are available in the market from different suppliers,
there are many differences between UniMo Jinhao and them.
transport solutions is our main business and is our only business and
we believe that we could extend out leadership in the vehicles market
to this segment as well through the introduction of this new product.
reconditioned motorcycles are already available in the local market
but we are offering a brand new motorcycle at a very affordable price.
When we first introduced it to the local market, the response from our
staff itself was immense. This was indeed a great achievement for us
because our own staff members, most of whom are with an engineering
background bought the most of the first two consignments. In addition
to this we have also won many tenders with the government and we are
confident that our product is the best in value for money," the
range of motorcycles are complete with many features that offer value
for money. The JH 125-4 ensures stable and smooth riding with front
disc brakes. It has a single cylinder, five-gear transmission and an
air-cooled 4-stroke engine. The JH 125-5 model, which is also packed
with a powerful CG 125cc engine, delivers unique sports performance
and its superior shock absorbers allow for good on and off road
performance. The JH 100 model, which is a scooter type machine, is
equipped with a powerful engine with and is the best in fuel economy
for economical minded folk. All models of motorcycles are equipped
with a self-starter.