Items filtered by date: March 2017

The important role played by supervising members in nurturing Chartered Accountants to become globally sought after professionals was highlighted recently at a Training Partners workshop organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

The technical workshop which was organised for supervising members of practicing firms and commercial sector organisations focused on the increasingly challenging role and the continuing expectations of training partners and practicing member in the current context.

Chairman of the CA Sri Lanka Student Training & Development Committee and Partner of KPMG Mr. Dulitha Perera, highlighted the significant role supervising members who are members of the institute have played over the years in helping develop the professional competence of trainees, while also imparting the important technical competence, professional skills as well as professional values in helping the trainees become holistic professionals. 

“The underlying objective of a supervising member is to enable aspiring Chartered Accountants to demonstrate that they have gained the technical competence, professional skills and professional values, ethics, and attitudes necessary to perform the role of a professional accountant,” he said.

The CA Sri Lanka Practical Training component is broken into three parts over a period of three years, consisting of; executive level, business level and corporate level where technical competence, professional skills and ethics modules are imparted on the trainees and helping them enhance their professional value and expertise when they progress towards becoming qualified professionals at the end of their training period.

Mr. Nihal De Silva, Managing Partner of B. R. De Silva & Company said that the man values of a professional accountant is broken into five areas and covers; Diligent / Quality, Propriety, Honesty / Integrity, Faithfulness / Following rules and Confidentiality

He also recalled the importance of teamwork, discipline, leadership as well as mutual respect / friendliness / tolerance which are important areas for any accountant including Chartered Accountants. “Our duty by the trainees is to provide an opportunity to the trainees to develop the necessary skills, while guiding and supervising their training to enhance their theoretical knowledge,” he added.

Guest speaker, Mr. Fayaz Saleem, who is the Principal Consultant & Managing Director of
Executive Search Ltd (Esl) said that even though technical skills which is also known as hard skills is important for a professional, more and more employers are now seek for employees with particular soft skills.

Elaborating further on soft skills, he said that the key soft skills that are required of any professional are; Communication /Interpersonal Relationships, Self-motivation, Responsibility, Teamwork, Problem Solving ability, Decisiveness, the ability to work under pressure and be able to manage time, Flexibility, Work ethics and the ability to both negotiate and resolve conflict situations.

Highlighting the important role supervisors play in helping trainees progress to become Chartered Accountants, Mr. Saleem said that the supervisor or manager’s role as a leader should always be less about what he or she does, and more about what his or her staff do.

Published in Miscellaneous

Breathe in the dusky, layered fragrance of The Body Shop’s British Rose, a range of beauty products crafted in the heart of the English countryside. Launched in celebration of the renowned skincare retailer’s 40th anniversary, the British Rose range is a classic interpretation of a timeless icon of femininity; the English Rose.

From The Body Shop’s well celebrated legacy of ethical sourcing to the freshest high quality roses grown in an award winning farm by horticultural experts, the British Rose range is uniquely and unabashedly English. “Roses are inextricably linked with the British identity,” says Jennifer Hirsch, a Beauty Botanist for The Body Shop. “The unique blend is extracted from English roses selected for their complexity of fragrance, perfectly capturing the experience of sinking your nose into one of these fragrant flowers.”

The roses are handpicked, and then air dried and infused onsite into fresh mountain water. The end products are varied, yet each carries the unmistakable scent of the British-grown rose. Use the Exfoliating Gel Body Scrub with real rose petals to refine and replenish tired skin; follow up with the Instant Glow Body Butter, a velvety soft moisturizer for an all over healthy glow. The British Rose range is also available in shower gel, bath foam, hand cream, exfoliating soap and eau de toilette forms.

The roses come from a farm in Herefordshire, England and are grown by farmers passionate about the land. Carefully plucked by hand, these Herefordshire roses are treated carefully onsite to extract exceptional quality rose essence to form the base for The British Rose range.  

Inspired by the demure, yet stunning deep red and pink hues of the rose, The Body Shop experts have also created a range of new Lip and Cheek Stains for 12 hours of hydration for all skin tones. Enriched with Community Trade honey and 100% organic Community Trade aloe vera, the lightweight formula adds a non-drying, comfortable and long lasting colour to the lips and cheeks. The Special Edition British Rose Eye and Cheek Palette features dusky hues and rosy tones for a touch of colour that can be built on from day to night.
The Body Shop British Rose range is now available at The Body Shop flagship store on Bagatale Road and Odel on Alexandra Place.

About The Body Shop:
The Body Shop is an iconic British retailer of ethical cosmetics and toiletries. It was founded by Anita Roddick in 1976 with the belief that businesses should ‘enrich, not exploit’. A philosophy of creating the best quality cosmetics and toiletries without exploiting the planet’s resources or people has driven the brand, which pursued sustainability and ethical business long before it became fashionable.

Published in Marketing

COLOMBO, Sri Lanka: Harpic, in collaboration with the Ministry of City Planning & Water Supply, will install toilets in 100 homes across the island this year, under a new program that aims to improve access to sanitation facilities throughout Sri Lanka. The first phase of the program will see households in the western province receiving financial and technical support to build a toilet at each premises. The countrywide program will be sponsored by Harpic, Sri Lanka’s leading toilet cleaning agent.

Our mission is to provide sanitation facilities to every home in Sri Lanka,” said Hon. Sudarshani Fernandopulle, State Minister of City Planning & Water Supply. “A clean lavatory is something most people cherish but often take for granted. And many families across Sri Lanka live in their homes without toilets. With support provided by Harpic, we have identified households across the country that lack basic sanitation facilities, and will provide the funds and technical support needed to build a toilet for each family.

Inadequate sanitation standards and soiled lavatories is a recurrent issue that troubles most developing countries. In a report published by World Health Organization (WHO), Sri Lanka’s sanitation coverage was rated ‘best in South Asia’. Yet, WHO estimates that two million people remain without such coverage. A stark reminder of why faecal matter still pollutes national waterways, while the number of dysentery cases — a faecal-oral highly transmissible water-borne disease — remain unchanged.  

The team behind Harpic has visited more than 250,000 homes — each year —  over the past 10 years, promoting good hygiene and sanitation practices in order to eradicate hygiene related illnesses such as diarrhoea and dysentery.

“In the past 10 years, Harpic has encouraged over 250,000 households annually, to practice proper sanitation habits. Surprisingly, our on-ground engagement with residents suggested that while some households still choose to practice open defecation, which contributes to heavy water pollution and water-borne diseases, a significant number of households in residential areas had contaminated lavatories or none at all.” said Sinclair Cruise, Sri Lanka Commercial Director for Reckitt Benckiser. 

On initiating the social cause, Mr. Cruise added, “as a brand that contributes to sanitation, Harpic will continue its pledge to make Sri Lanka a more safe and hygienic nation.”

The Ministry of City Planning & Water Supply and Harpic are set to begin further discussions on how to effectively administer sanitation guidelines in residential regions. The programme will also consider the sanitation situation of schools in designated project areas to improve the overall sanitation of each city.

Published in Miscellaneous

“Royal Cashews”, leading Cashew processing company in Sri Lanka has teamed up with New Zealand Honey Company to introduce world famous ‘Manuka Honey’ and other specialty honey products to Sri Lankan consumers.

New Zealand Honey Company that produces best honey products in the world has appointed Royal Food Marketing Company as its sales agent in Sri Lanka and Maldives from 2015.

Manuka Honey product is rich with natural UMF 5+ and UMF 10+ (Unique Manuka Factor) as it is made with natural nectar that bees collect only from Manuka flowers. Manuka flowers produce valuable enzymes that no other flower produces.

Heart ailments, cancer and ailments in the stomach are caused by micro-organisms and Manuka Honey has the capacity and ability to control these microbes. It also enhances human vigour.

Manuka Honey is rich with Ayurwedic merits and qualities. Its usage contributes towards better eyesight, reducing body weight, overcome impotence, controlling asthma and diarrhea, relief for ailments in the bladder area.  For beautification purposes good quality honey is required. Manuka Honey with its special Ayurwedic goodness is best for Salons to use for beautification purposes.

Three flavours of world famous Manuka Honey can be now purchased in Sri Lanka. Lemon, Cinnamon and Ginger are these three flavours. Other honey products manufactured by the New Zealand Honey Company are; Beach Forest, Thyme, Kamahi, Rata, Clover and Eco Forest Specialty Honey.

All these products are now available in Royal Cashews outlets situated at Crescat (Colombo 03), World Trade Centre, Liberty Plaza, ODEL, Arcade (Independence Square), K-Zone (Ja Ela and Moratuwa), Kandy Uptown, Royal Mall-Kandy, Southern Highway (Welipenna stop), Negombo, Arpico Supercentres and Laksala-Colombo.

Royal Food Marketing Managing Director Dr Ruwan Wathugala said his company partnered with New Zealand Honey Company in 2015.

“I started cashew processing business in 1999 as a hobby. Within a very short span we were able to secure local market and were venturing into foreign markets. At the time New Zealand Honey Company was testing new flavours of their world famous honey products. They were in need of best quality cinnamon. We catered to that need successfully. In the process we were able to introduce best cinnamon products of Sri Lanka to the world.”

He added, “We are happy for being able to offer Sri Lankans the very best honey products in the world made by New Zealand Honey Company.”

Royal Food Marketing Company commissioned in 1999 has ISO 22000, HACCP and GMP standard certifications. It is the foremost cashew processing company in Sri Lanka conferred with ISO 22000.

Royal Cashews products come in diverse mouth-watering tastes. These products are marketed with 19 tastes in 682 types of containers and in 101 containers specially made for gifting purposes.

Research and development wing of the company has experimented and introduced cashews with tastes that are unique to the company. These tastes include; Cheese and Onion, Sugar coated, Chilli Garlic, Hot Pepper, BBQ, Chilli Seasoning, Spanish Tomato, Salt Extra Fine, Shrimp & Red Onion and Sour Cream & Onion.

In addition to this varieties, Sri Lankan authentic cashew curry canned and exported as ‘Royal Cashew Nut Curry’ by the company has created a heavy demand by foreign countries.

The company sources and selects the best quality raw cashew nuts from Sri Lankan cashew cultivations for processing. 

Royal Cashews products are exported to Malaysia, Japan, USA, UK, New Zeeland, Germany, Australia, Austria, Maldives and Saudi Arabia.

Royal Cashews brand has won many awards, accolades and endorsed with standard certifications. The brand has won Pro Food 2009 and 2011 awards for nature–friendly packaging, MACO business excellence award, Lanka Star President’s Gold Award and ASIASTAR 2015 award for Green packaging.

Royal Food Marketing Company has two subsidiaries; Greenway Asia Lanka and Trust Lanka Suppliers.


Published in Marketing

The new PEUGEOT 3008 was named the 2017 Car of the Year (COTY) on Monday 6 March in Geneva by a judging panel comprising 58 European journalists. The judging panel acclaimed its style, interior design and performance. This prestigious trophy joins the twenty other prizes the new PEUGEOT 3008 has already won. The vehicle is the fifth PEUGEOT to win Car of the Year and the first SUV honoured in the history of the COTY prize.

The new PEUGEOT 3008 SUV appeals to choosy customers who want to stand out and have new experiences, aiming to become a major contender in the SUV category. The new PEUGEOT 3008 offers a unique blend of style, comfort and road handling. The spectacular PEUGEOT i-Cockpit® is state of the art and gives new meaning to being in the driver's seat. It offers a more intuitive and intense driving experience, with a compact steering wheel, 12.3 inch head-up instrument display and central 8 inch capacitive touchscreen console with ergonomic piano keys to top it all off. The new PEUGEOT 3008 also offers several driving aids and other high-tech equipment, as well as seamless connectivity.

Cutting edge features in its class include the Grip Control all terrain system, enabling off road use with a 2WD vehicle; wireless phone charging; an electric tailgate with foot sensor; intelligent reading of speed limit signs; driver drowsiness alert system; 180 degree camera; massaging driver’s seat; a top of the line Focal Hi-Fi system; Nappa leather interior; and a panoramic glass roof with sliding sunroof.

The new PEUGEOT 3008 will be launched this month in Sri Lanka in high spec Allure and GT Line versions, with turbocharged engines that have both have won Engine of the Year for their respective categories: Puretech (2 times winner) and THP (7 times winner).

Nearly 100,000 customers have already placed orders in Europe. Manufactured in Sochaux, it received the Origine France Garantie (made in France) label.

PEUGEOT has received the prize for Car of the Year for the second time in three years. The new PEUGEOT 3008 also has the distinction of being the first ever SUV winner since the creation of the contest in 1964. It is also the fifth PEUGEOT vehicle named Car of the Year, following the 308 in 2014, the 307 in 2002, the 405 in 1988 and the 504 in 1969.

The Car of the Year prize is awarded by a judging panel comprising 58 experienced journalists from 22 countries. Thirty models have been competing since early 2016.

“I am particularly proud and very pleased that the new PEUGEOT 3008 has just won the 2017 Car of the Year prize. This trophy is the culmination of five years of incredible work by the brand's teams and our group.” saidJean-Philippe Imparato, CEO of the PEUGEOT brand.

“The new 3008 SUV marks a jump of several generations forward in terms of style, technology, and design for Peugeot, putting it at the forefront of its category. Winning the Car of the Year 2017 award cements this assertion. This is the most prestigious award in the automotive industry as it is judged by a panel of 58 impartial, veteran motoring journalists from a multitude of countries” added Yasendra Amerasinghe, Director / CEO of Carmart, sole distributor for Peugeot in Sri Lanka and the Maldives.

Operating in nearly 160 countries with more than 10,000 points of sale, in 2016 Peugeot increased its sales by 12.3% to reach 1,919,460 vehicles sold worldwide. Beginning in 1889, the automotive history of the brand has been further enriched this year by the latest victory on the trails of the Dakar, with a 1-2-3 finish by the new PEUGEOT 3008 DKR.

Carmart (Pvt) Ltd has been importing Peugeot vehicles since 1953, making it one of the oldest importers for Peugeot in the world, and the oldest in the Asian region.

Published in Automobile
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