Items filtered by date: April 2016

The Colombo Stock Exchange (CSE) ended trading on a positive note today, with the All Share Price Index (ASPI) crossing the 6,500 mark. The ASPI surged 73.73 points to close at 6,516.26. The day’s trading recorded a turnover of 1,530,337,624.80 rupees in 9,427 trades.

The index has been making consistent gains over the month of April. In 2016, the ASPI recorded a dip of 14.97% in comparison to the start of the year, but has since gained 9.48% recording an upward trend.

Published in Economy & Commerce

25th April 2016 Colombo: Oceanpick (Pvt) Ltd proudly unveiled ‘Round Island’, its oceanic fish farming brand in Sri Lanka on 25th April 2016 at Eagles’ Golf Links, China Bay, Trincomalee, marking the island’s bold entry into aquaculture farming in the open seas. Launched in 2012, in partnership with Kames Fish Farming of Scotland, Oceanpick stocked the sea cages with barramundi juveniles in 2014. The initial batch was introduced into a pen, kicking off Sri Lanka’s accessibility to premium quality, responsibly-farmed marine fish, with the first harvest scheduled for 2016. Locating the pens in pristine seas with good tidal currents and flushing rates has helped ensure a supreme product range. The event was also graced by Hon. Daya Gamage - Minister of Primary Industries and Hon. Kabir Hashim - Minister of Public Enterprise Development. Irfan Thassim, Founder/Director of Oceanpick delivered a riveting presentation to the distinguished gathering.

A media tour was facilitated for local media to experience the facilities at Oceanpick’s offshore sites which features a barramundi farm off the coast of Trincomalee. Oceanpick is poised to raise the profile of Sri Lanka’s fishery sector and aims to add momentum to the production targets set by the Fisheries & Aquatic Resources Ministry.

Founder/Director of Oceanpick, Irfan Thassim, commented, “Oceanpick has created history by launching the sea cages into the ocean. Oceanpick is Sri Lanka’s and South Asia’s first ever commercial scale oceanic farm for finfish. Our objective with this venture is not merely to make supreme quality seafood available to consumers, but also to raise Sri Lanka’s fishery industry to new heights of sustainability by reducing reliance on dwindling natural marine resources. We focus on responsible farming that is highly sustainable, to produce high quality seafood without compromising on taste.”

The first phase of the venture was completed with a US$4.5 million investment with a 400 MT production capacity. Oceanpick’s first choice species is Barramundi or Asian Sea Bass, locally referred to as Modha. Of the many farms around the world, only handful farm Barramundi in open pristine seas and Oceanpick now proudly takes Sri Lanka into this elite league of premium Barramundi. Oceanpick anticipates double the capacity in to 1,000 MT during this year and widening its portfolio to several other species in the future. Another focus area will be the cold chain and distribution front, where fish harvest will occur primarily when ready for consumption and peak freshness will be maintained until it reaches the consumer.

Oceanpick’s General Manager - Operations, Mr. Fazli Nayeem, added, “Sri Lanka has abundant potential to be a major player in global seafood production with the launch of this ocean fish farming - and Oceanpick’s cage system is Sri Lanka’s first such facility. Sri Lanka’s attempts at aquaculture hitherto have been primarily concentrated in brackish water lagoons, fresh water bodies or inland based ponds. Our venture in ocean fish farming is a revolution in Sri Lanka’s fishery industry.”

Oceanpick was set up four years ago to produce a sustainable, yet delicious marine fish. It is the first to achieve this in the seas of South Asia. Many leading hotel and restaurant brands that value sustainability and premium ingredients have already adopted Oceanpick’s product into their menus and the footprint continues to grow as Oceanpick continues to set the benchmark for hygiene, freshness, sustainability and supremacy of taste. The company also delivers product to the Colombo, South and Central hills and to a host of customers overseas. Oceanpick adheres to Scottish standards as per its joint venture partner, Kames Fish Farming who has been in this industry for more than 40 years in Scotland.

Published in Economy & Commerce

Munchee, the flagship brand of Ceylon Biscuits Limited (CBL), Sri Lanka’s largest Fast Moving Consumer Goods (FMCG) conglomerate also a regular sponsor of school level sports in Sri Lanka, has taken another step in continuing its commitment to school level sports.

For the first time, Munchee, the No.1 biscuit brand in Sri Lanka is supporting the game of Rugby by backing the promising Trinity College Rugby team for their 2016 season.
Being one of the top schools in the island, founded in 1872, Trinity College Kandy inherits a rich history, and bears a prominent rugby tradition. With the aim of uplifting sports in Sri Lanka at school level, Munchee stepped forward for the first time to sponsor Trinity School Rugby team for the 2016 season.

Commenting on the contribution to Trinity’s much loved rugby, Theja Peiris, Group General Manager – Marketing, Ceylon Biscuits Limited, the Associate sponsor of the team stated the following, “We are happy to join hands with Trinity College, Kandy as the Associate Sponsor of Trinity Rugby team, for the 2016 season. Trinity College has a rich heritage among rugby playing schools in Sri Lanka. Munchee as the No.1 biscuit brand in Sri Lanka wishes to extend its support to further strengthen the game of rugby at Trinity College and to uphold the legacy of school Rugby.”

“We will not consider this as yet another financial assistance, but this approach will lead to a long lasting and a prolific liaison. Going beyond a sponsorship we are honoured to back our young blood in the game”, she further added.

Rohan Abayakoon, Chairman of the colleges association, the Old Trinitian’s Rugby Scrummage (OTRS) which manages rugby across all age groups, also acknowledged Munchee for their immense support for the upliftment of the ‘Trinity Rugby’ brand.

“Munchee has been at the forefront of most of school level sports by backing our young sports stars. We are grateful for their generous sponsorship of our team and honoured to have Munchee, No: 1 biscuit brand, on board as the Associate Sponsor of the Trinity Rugby 2016 season. We wish to continue this partnership and hope Munchee would be with us in future games as well”, stated Abayakoon.

Sports being integrated into the company’s core CSR ethos, Munchee will continue to power sport at school level supporting the upkeep of the field.

Published in Sports

29th April 2016, Colombo: Chief Operations Officer/Executive Director of TV Derana Madhawa Madawala was awarded the Most Influential Brand Leader award at the World Brand Congress held in Kuala Lumpur, Malaysia recently.

The World Brand Congress is the single largest rendezvous of the best brains behind some of the world’s most successful and sought after brands. The 25th edition of the Congress was held at Pullman Kuala Lumpur City Centre Hotel & Residences under the theme ‘Building the Next Generation Millennium Brand.’

According to the World Brand Congress, The Most Influential Brand Leader award is intensely researched. The research cell consists of Post Graduates in Psychology, Sociology, History and Management who possess over 10 years of research experience. It is the iconic job of the research cell to produce a shortlist of individuals who do extraordinary work and track the record of their achievements. The shortlist is then reviewed by a Jury comprising of senior professionals from across the globe.

Madhawa Madawala, has been a key figure at TV Derana from its inception and is currently serving as the Chief Operations Officer/Executive Director.Having completed his formative education at Richmond College, Galle he passed out from the University of Colombo with a Chemistry Special. He has a MBA from the Post Graduate Institute of Management (PIM) from the Sri Jayawardenapura University.

Published in Achievement

Ceremony to present honorary awards to the Senior medical laboratory doctors of the Sri Lanka Society for Medical Laboratory Science was held on Wednesday (27th April) at the Hotel Mount Lavinia under the patronage of the President Maithripala Sirisena.

This was organized under the theme, ‘Exceeding of Laboratory Tendencies and Transforming of the People’s Literacy into Scientific Basis’, in line with the International Medical Laboratory Day.

Minister Rajitha Senarathne who made a specific contribution to introduce a Degree in Medical Laboratory Science in the country, Prof. Chula Gunasekara and several senior laboratory doctors received honorary awards on this occasion.

President Sirisena addressing the occasion said that the government would pay special attention to uplift the quality standards of the medical laboratory services in the country as well as to develop the facilities in the field of free health service.

A research report titled “Sustainable plan for free health service and its challenges” was presented to the President by Chairman of the Sri Lanka Society for Medical Laboratory Science, Dr Ravi Kumudesh and the official website of the Sri Lanka Society for Medical Laboratory Science was also launched by the President.


Source : Government News Portal

Published in Healthcare
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