lankabusinessnews Archives

December 21, 2021

The shares of hSenid Business Solutions Limited (CODE: HBS-N-0000) commenced trading on the Colombo Stock Exchange (CSE) today. The shares have been listed on the Main Board of the CSE under the “Application Software” sector. The occasion was marked with a special Bell Ringing Ceremony held at the CSE.

The Secretary to the Ministry of Technology, Mr. Jayantha de Silva and the Chairman of ICTA / Director General at Telecommunications Regulatory Commission of Sri Lanka, Mr. Oshada Senanayake, graced the the occasion.

Representing hSenid Business Solutions Limited, Founder & Chairman Mr. Dinesh Saparamadu, Chief Executive Officer Mr. Sampath Jayasundara, Head of Finance Mr. Raveen Lasath and Head of Marketing & Communications Ms. Vichalya Wijesuriya joined the event.

The CSE was represented by Director Mr. Jayantha Fernando, Chief Executive Officer Mr. Rajeeva Bandaranaike, Chief Regulatory Officer Mr. Renuke Wijayawardhane and Head of Listings Ms. Vinduni Dullewe at the event.

The Managers to the Issue were represented by, Director / Chief Executive Officer Mr. Darshan Perera and Chief Corporate Advisory Officer Mr. Nilendra Weerasinghe of NDB Investment Bank, and Group Chief Operating Officer / Head of Investment Banking of CT CLSA Holdings Mr. Zakir Mohamedally.

CEO of the CSE, Mr. Rajeeva Bandaranaike, speaking at the ceremony, congratulated hSenid Business Solutions on the success of the IPO and for the progressive step that the company has taken. “Today, is a special day because this is the first enterprise software company that is to list on the stock exchange. We are indeed happy that the stock exchange has been able to attract a technology company.

You would no doubt agree that nurturing and elevating service providers in the IT BPM industry is of significant importance for the future growth of our economy. And public markets, I believe, play a key role in this process. Stock market is a place where wealth is created. Today, if you observe the Colombo stock market, you will see how shareholders of companies that are listed throughout this year have created wealth for themselves through capital gains. This, I believe, is the hallmark of a well-functioning market.”

Speaking on the capital raising function at the CSE he added “As of November this year, we have facilitated the raising of Rs. 118 billion through 35 new issuances in debt and equity including rights issues and private placements. A sum of Rs. 8.7 billion via 09 equity listings have been raised as of November 2021, and this incidentally, is the highest capital raise in terms of equity listings for the last 10 years.”

Speaking at the event, Founder & Chairman of hSenid Business Solutions Limited Mr. Dinesh Saparamadu thanked the Securities and Exchange Commission of Sri Lanka (SEC), the CSE, the Managers to the Issue NDB Investment Bank and CT CLSA Capital. He went on to say “It’s a historic day for hSenid group, as hSenid business solutions is the first company in the hSenid group to be listed in the Colombo Stock Exchange. It is also a historic moment for the IT industry in Sri Lanka. I am a strong believer that IT is the silver bullet for Sri Lanka, for us to have a double digit growth in the next 3-5 years. It is not a normal way as an economic size of $85 billion, IT industry today stands at about 1.7 billion. But our vision for SLASSCOM is to become a $5 billion industry by 2025.

For that vision, to get fusion, we need to build product companies. And I thought IPO today would inspire other IT companies to come to the stock exchange to raise funds to be able to expand their business and go to international markets in the years to come.”

Speaking on the IPO, he added “The public that kept their trust in hSenid Business Solutions IPO, it’s overwhelming. And I’m humbled and honored to be able to take that trust that they kept on us and to deliver what we have put in our prospectus. Within the next couple of years, we should be able to be very proud that we actually stood up today and did this IPO.”

With over 24 years of experience, hSenid Business Solutions strives to keep up as an indigenous multinational, taking care of over 1,000,000 users of 1300+ organizations across 20 industries in 40 countries while operating from 6 countries. hSenid specializes not only in HRIS but also caters to a wide spectrum of HR needs with Human Resource Outsourcing and Employee Tracking Solutions & Access Control.

December 20, 2021

Colombo – December 21, 2021 – Mastercard was recognized as the ‘Most Valuable Payment Partner’ by Daraz, Sri Lanka’s largest online shopping platform for generating ‘Highest Overall Payment Volume’; ‘Highest Overall Transaction Volume’; and ‘Highest Total Payment Volume’, during the Daraz Payment Partner Performance Awards 2021. The award recognizes the exceptional value delivered to Daraz by Mastercard, by generating the highest payment volume by both credit and debit card bases for Daraz during the year.

During the year, Mastercard cardholders received the highest discounts while shopping on Daraz, even during sales and promotions, thereby providing the utmost value to consumers. Furthermore, with the help of Mastercard’s extensive network, the exciting shopping offers and discounts reached the maximum possible cardholders, helping Daraz achieve its sales and business goals.

“Mastercard is delighted to be chosen as Daraz’s most valuable payment partner 2021. At Mastercard, we are committed towards the convenience of cardholders by offering them the choice, flexibility, confidence. This recognition is a testament to our vision to accelerate the pace of digital adoption and to deliver priceless experiences to Mastercard cardholders”, said Sandun Hapugoda, Country Manager for Sri Lanka & Maldives, Mastercard.

Commenting on the award, Rakhil Fernando, Country Manager Daraz said, “Being South Asia’s premier online shopping marketplace, it is imperative that we have trusted partners such as Mastercard, that provide the latest in terms of digital payment technology. We have had a fruitful partnership with Mastercard and are pleased with the results we have seen thus far, so we look forward to this partnership growing to greater heights in the future.”

In 2020, Mastercard collaborated with Daraz to offer its Mastercard Payment Gateway Services to help Daraz integrate global and local payment methods, mitigate risk and reduce costs that encouraged the use of e-commerce platforms and digital payments in Sri Lanka, thus creating greater digital inclusivity and contributing to the local digital economy. As part of the collaboration, shoppers were offered additional discounts and privileges on Daraz when paying with their Mastercard credit or debit cards issued in Sri Lanka, over and above the already offered discounts on products.

December 20, 2021

Celebrating the season, filled with warmth, joy, and the spirit of giving, SLT-MOBITEL Mobile, the National ICT Solutions Provider has announced numerous offers ranging from Devices to mTune Ringing tones for IDD, Roaming, mCash, Pre-Paid, Post-Paid services and many more.

Gifting amazing offers, customers who purchase the latest Samsung Galaxy Z Fold 3 5G or Flip 3 5G along with an attractive Post-Paid package are eligible to receive free Galaxy earbuds together with the first three months rental, connection fee and refundable deposit all waived off in addition to 20 GB Anytime free data, with validity period of 30 days.

Keeping the spirit of the season alive during the month of December, customers who activate selected seasonal mTunes can win reloads and have their bills waived-off up to Rs. 5,000.

Not letting distance get in the way during the season, Post-Paid and Pre-Paid customers can enjoy IDD rates beginning from Rs. 2 per minute. The Pre-Paid bundle value is only Rs. 95 with an IDD bonus of Rs. 225 valid for 10 days. Keeping in touch is made easier with 10% off on selected roaming plans, with validity from 22 to 29 December 2021.

Additionally, mobile Pre-Paid customers can enjoy bonus talk time of Rs.100 or 1GB data for reloads worth Rs. 200 or more. The mCash seasonal offer gifts reloads and capacity to win 1GB data or Rs.100 talk time for Pre-Paid customers while Post-Paid customers can receive 5GB data for payments above Rs.1,000.

More festive treat includes a 10% cashback offers for institute payments and cashback for LANKAQR Payments.

While conditions apply for the above offers, customers are invited to visit www.sltmobitel.lk for more information

December 20, 2021

Galaxy A03 Core features large 6.5-inch HD+ Infinity-V display and powerful octa-core processor for smooth and fast experience
Powered by long-lasting 5000mAh battery

Samsung, Sri Lanka’s No. 1 smartphone brand, has announced the release of the Galaxy A03 Core. Bringing affordability and awesomeness to your doorstep, it is surefire that Galaxy A03 Core is the next big thing in the Galaxy smartphone-verse. The Galaxy A03 Core, the latest addition to Samsung’s Galaxy A lineup, features a gorgeous 6.5-inch HD+ Infinity-V display, a powerful octa-core engine, and a 5000mAh battery.

With a wide HD+ Infinity-V display for a completely immersive viewing experience, you can enjoy all of your entertainment on a whole new level. The high-performance OCTA-core CPU handles all of your apps promptly, and the big 5,000 mAh battery allows you to accomplish more of what you love on your smartphone for a longer period of time.

Galaxy A03 Core is one of the most affordable Samsung products in the market, along with a clean value for money label. Samsung strives to provide its consumers with the optimum experience in terms of utilizing their smartphones, and with the astounding camera quality, display and battery life. Galaxy A03 Core is sure to be an instant hit amongst potential and existing Samsung customers.

Who doesn’t love a smartphone that can double as a movie theater so you can immerse yourself and get an excellent viewing experience? With HD+ resolution and 20:9 aspect ratio, Galaxy A03 Core provides vivid clarity while browsing or watching content, offering immersive viewing experience for Gen Z and young millennials who love binging on content.

The Galaxy A03 Core, which is powered by the powerful octa-core Unisoc SC9863A CPU, provides optimum performance, seamless multitasking, and low battery consumption even when surfing and running many programs. This allows users to optimize their browsing speed and get the best out of gaming and video-watching experience without buffering.

The 5000mAh battery delivers enough juice to keep you going, allowing you to spend more time watching content and less time charging your smartphone. If you want to take the perfect selfie for your Instagram page, the Galaxy A03 Core provides an 8MP back camera with an f/2.0 aperture for brilliant shots and a 5MP front camera for excellent selfies.

It’s not just that: you also have plenty of space to store your photos, videos and other files. The Galaxy A03 Core has 32GB of internal memory and expandable capacity up to 1TB, allowing you to store more information without worrying about your smartphone running out of storage space.

The Galaxy A03 Core was built on the newest Android Go platform, which means it comes with lightweight custom apps designed to utilize less storage space for Android Go OS. These customized Android Go 11 apps start 20 percent quicker than Android 10 Go, resulting in a better user experience. Android Go 11 also promises greater security with its new Safe Folder feature, which protects whatever you desire with an encrypted PIN and pattern.

The sleek curves and textured back of the Galaxy A03 Core provide a comfortable hold while viewing your favorite movies or shows. The striped pattern near the camera ups the style factor. The Galaxy A03 Core comes in two basic colors: Black and Blue.

Price and Availability

Priced at LKR.23,999 for 2GB+32GB variant.

Consumers in Sri Lanka can purchase their Galaxy A03 Core at island-wide authorized dealers of John Keells Office Automation and Softlogic Mobile Distribution which can be easily identified by the Samsung logo placed outside the shop. It will also be available at authorized partners; Softlogic Max, Softlogic Retail, Singer, Singhagiri and Damro, Network Partners Dialog and Mobitel, and via the online portals; Samsung EStore (samsungsrilanka.lk), MySoftlogic.lk, Keellssuper.com and Kapruka.com.

Specification Sheet

Display	6.5” HD+ TFT; Infinity-V
Camera	8MP + 5MP
Processor	Unisoc SC9863A (octa-core 1.6GHz)
Battery	5000mAh
Memory Variant	2GB+32GB

Always at your Service, wherever, whenever. Enjoy peace of mind when you choose to buy a Samsung Galaxy smartphone. The interactive diagnostics and optimization on the Samsung Members app make it easy to tune up the performance of your devices, while our helpline lets you troubleshoot problems when you need the extra support.

In Sri Lanka, Samsung has been recognized as the ‘Most Loved Electronics Brand’ for three consecutive years by Brand Finance Lanka’s review of the country’s most valuable brands. As Sri Lanka’s No.1 smartphone brand, Samsung’s customer base in the country spans across all age groups, particularly the Gen Z and Millennial segments.

December 20, 2021

More than 400 million doses flown to countries in Africa, Middle East and Asia
Over 200 million doses flown in Oct and Nov 2021

Emirates SkyCargo has announced that it has crossed a major milestone in the global distribution of COVID-19 vaccines with 600 million doses flown on its flights. Since October 2020, the carrier has transported more than 2.8 million kilograms (2800 tonnes) of COVID-19 vaccines from 35 origins to over 80 destinations.

“Emirates SkyCargo remains committed to the rapid distribution of COVID-19 vaccines to vulnerable communities around the world. When we formulated our COVID-19 distribution strategy in 2020, Emirates SkyCargo prioritised the movement of COVID-19 vaccines through our Dubai hub to developing countries. I’m happy to announce that nearly two thirds of the total vaccines we transported were headed to destinations in Africa, Asia and the Middle East. With our extensive reach across six continents, our wide-body capacity and expertise in cool chain logistics, Emirates SkyCargo will continue to be a reliable partner for the distribution of COVID-19 vaccines in the months to come,” said Nabil Sultan, Emirates Divisional Senior Vice President, Cargo.

With the increasing roll-out of vaccination and booster campaigns across global markets, Emirates SkyCargo witnessed a steady increase in the demand for transportation of COVID-19 vaccines in the second half of 2021. In October and November 2021 alone, Emirates SkyCargo moved more than 200 million doses of COVID-19 vaccines, almost one third of the total COVID-19 vaccines transported by the carrier since the start of the COVID-19 pandemic.

Key highlights of Emirates SkyCargo’s COVID-19 vaccine transportation programme

Close to 2.8 million kilograms (2800 tonnes) of vaccines transported on Emirates flights, equivalent to nearly 600 million doses since October 2020
Vaccines flown from 35 origins to 80 destinations across six continents
7 million- most number of COVID-19 vaccine doses moved on a single flight
Asia ( 185 million doses), Africa (150 million doses) and the Middle East (70 million doses) continue to be priority markets for vaccine delivery
North America and Europe are the main origin regions for COVID-19 vaccines for Emirates SkyCargo
Emirates SkyCargo’s GDP certified pharma terminal in Chicago has handled more than 160 million doses of COVID-19 vaccines flown from the US to countries around the world.

Emirates SkyCargo has been a key global player in the air distribution of COVID-19 vaccines and other relief materials and essential commodities during the COVID-19 pandemic. The air cargo carrier offers sophisticated cool chain solutions for pharmaceutical cargo with Emirates Pharma- a specialised three-tiered air transportation product designed for temperature sensitive pharmaceuticals and backed by Emirates’ state of the art GDP certified pharma infrastructure at its cargo hub in Dubai. In June 2021, Emirates SkyCargo expanded its pharma cool chain infrastructure at Dubai International Airport, allowing it to store an additional estimated 60-90 million doses of COVID-19 vaccines.

Emirates SkyCargo offers cargo capacity on more than 2,800 weekly flights connecting more than 140 destinations across six continents.

December 19, 2021

The Sri Lanka Association of Software Services Companies (SLASSCOM) have become an enduring force that continues to empower innovation and technology in Sri Lanka. To that end, they have held and continue to hold a plethora of developmental, informational and market access programs including the program held recently titled “Come Now! Why Now?” .The event was held in order to “explore how this Island of Ingenuity can innovate, disrupt, and transform global businesses, now.”

Lead by an esteemed panel of speakers, the discussion revolved around what Sri Lanka has to offer as a one-stop-shop destination for IT/ BPM sourcing, trade and investment within the global market. Sri Lanka’s High Commissioner in the United Kingdom, Saroja Sirisena delivered the welcome address to the gathering, followed by an address from the Chairperson of SLASSCOM, Sandra De Zoysa.

A presentation titled “Why Sri Lanka and why now” was conveyed to the attendees by the Director General at the Board of Investment of Sri Lanka, Pasan Wanigasekara. He discussed what Sri Lanka offers as an investment destination and how the Board of Investment of Sri Lanka helps companies to set up operations with a one stop shop approach that the board has adapted in order to ease the process of market entry in the country. He added further the ease of doing business within Sri Lanka and its conducive environment in order to achieve significant returns. Mr Wanigasekera went on to discuss what lies ahead in terms policy and regulatory frameworks, as well as plans for the improvement of infrastructure.

Thereafter, Sandra De Zoysa, the Chairperson of SLASSCOM outlined some key insights about Sri Lanka’s IT/ BPM industry. Appreciating and praising the resilience and persistence of tech-based SMEs in the face of the pandemic, she spoke of how the industry has grown and become more versatile over a relatively short term. Commenting on the ingenuity shown by companies within the industry she stated, “Despite the difficulties the world has faced in the last two years, we have seen, here on our Island of Ingenuity that through innovation and technological understanding we can do wonders. Investors or prospective clients, I’m sure, will find not just a conducive business environment but also a number of hidden gems.”

A Tech Investment Story, a case study on 99x was presented by Sherman Gunatillake, the Chief Financial Officer of 99x. Being the CFO of one of the island’s leading software product development companies, spoke about the organization’s journey through receiving investment. His presentation covered the initiation of major tech investment activities and how they were facilitated.

The title “Why Sri Lanka or Rather Why Not Sri Lanka?” was one that caught the eye at the event. This inspiring discussion was led by Nuwan Weerasinghe, Director at Nagarro Sri Lanka. He spoke of how Sri Lanka was chosen as Nagarro’s 26^th destination and the investment that the company decided to make in the country. Having been instrumental in its beginnings, the Director also spoke of how Nagarro established operations in Sri Lanka.

The exploration of Sri Lanka, the Island of Ingenuity that SLASSCOM guided the participants of the event through, was widely received as inspiring and educational by all of its participants, including many tech companies, SMEs and entrepreneurs.

The Webinar which had an engaging list of participants from Europe, Middle East, Asia and India was supported by the Sri Lanka High Commission in UK, Council for Business with Britain and Association of Sri Lankan Professionals in UK.

SLASSCOM’s vision to develop the IT/ BPM industry of the country and elevate it to the global stage as an export-based economy worth over USD 5 Billion by the year 2025 will continue to drive their efforts as more developmental and educational programs are due to be announced and held in the near future.

December 19, 2021

Colombo, Sri Lanka, December 2021 – John Keells Properties recently marked the beginning of construction of its 16 Holiday Home development project – ‘Sunrise Ridge’, located in Digana within the Victoria Golf & Country Resort (VGCR), during a special groundbreaking ceremony. Prior to the ground-breaking 60% of the holiday homes had already been sold.

Overlooking expansive views of the golf course, the Victoria reservoir and hills of Kandy, Sunrise Ridge is designed by renowned architect and urban designer Madhura Prematilleke. The limited and exclusive development offers sixteen [16] 2-bedroomed homes of approximately 2000sq.ft. each, priced at LKR 55.5 million upwards. Owners of each holiday home are offered end-to-end management of their property for a period of 6 years.

Speaking at the groundbreaking ceremony, Sector Head, John Keells Properties and Executive Vice President, John Keells Holdings – Nayana Mawilmada, stated: “Lots of folks want second homes in amazing locations, but managing and maintaining them is not easy. We wanted to develop a product that takes that entire burden off customers’ shoulders, so they can just enjoy the experience of owning a property in a pristine location such as this, and profit from it. Beautiful intimate homes in an exclusive community, spectacular views, no hassle, and the ability to profit from growth in tourism. That is what is on offer. And then, of course, you have a world-class golf course too!”

Properties at the Victoria Golf & Country Resort have emerged as a top investment choice for those seeking an unrivalled, elite lifestyle without having to bear the onus of maintenance and operational costs. Offered as a turnkey project with all maintenance and operating costs borne by Victoria Golf & Country Resort, homeowners of ‘Sunrise Ridge’ holiday homes, can also enjoy a complimentary five [05] year membership at the Club, as well as discounts on food and beverages, as well as free stays up to 90-days, and a percentage of the hotel room revenue.

Sunrise Ridge at Victoria is the latest addition to the repertoire of landmark residential developments under John Keells Properties – Sri Lanka’s largest and most respected developer. Designed to international standards, Victoria Golf & Country Resort is ranked amongst the best golf courses in the world, with each hole boasting unbroken panoramic views of the Knuckles Mountain range and Victoria reservoir. Additionally, John Keells Properties has collaborated with Troon International – the largest and most established golf management company in the world for the management of the 120-acre, 18-hole championship golf course.

December 19, 2021

The Colombo Stock Exchange (CSE) announces the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2021-year end index rebalance.

The exclusions and inclusions as announced by S&P Dow Jones Indices, effective from 20^th December 2021 (after the market close of 17^th December 2021) are presented below in alphabetical order.

Exclusions

No.	Company	CSE Ticker
1	Richard Pieris & Co PLC	RICH.N0000
2	Brown & Company PLC	BRWN.N0000

Inclusions

No.	Company	CSE Ticker
1	Commercial Leasing and Finance PLC	CLC.N0000
2	LOLC Finance PLC	LOFC.N0000

The S&P SL 20 index includes the 20 largest companies, by total market capitalization, listed on the CSE that meet minimum size, liquidity and financial viability thresholds. The constituents are weighted by float-adjusted market capitalization, subject to a single stock cap of 15%, which is employed to reduce single stock concentration.

The S&P SL 20 index has been designed in accordance with international practices and standards. All stocks are classified according to the Global Industry Classification Standard (GICS®), which was co-developed by S&P Dow Jones Indices and MCSI and is widely used by market participants throughout the world.

To be eligible for inclusion, a stock must have a minimum float-adjusted market capitalization of 500 million Sri Lankan rupees (Rs), a six-month median daily value traded of Rs 0.25 million, and have positive net income over the 12 months prior to the rebalancing reference date. For information, including the complete methodology, please visit: www.spindices.com

Effective from 20^th December 2021 the stocks in the S&P Sri Lanka 20 in alphabetical order are as follows.

No.	Company	CSE Ticker
1	Chevron Lubricants Lanka PLC	LLUB.N0000
2	Commercial Bank of Ceylon PLC	COMB.N0000
3	Commercial Leasing & Finance PLC	CLC.N0000
4	Dialog Axiata PLC	DIAL.N0000
5	Dipped Products PLC	DIPD.N0000
6	Expolanka Holdings PLC	EXPO.N0000
7	Hatton National Bank PLC	HNB.N0000
7	Hatton National Bank PLC	HNB.X0000
8	Hayleys PLC	HAYL.N0000
9	Hemas Holdings PLC	HHL.N0000
10	John Keells Holdings PLC	JKH.N0000
11	LB Finance PLC	LFIN.N0000
12	LOLC Finance PLC	LOFC.N0000
13	LOLC Holdings PLC	LOLC.N0000
14	Melstacorp PLC	MELS.N0000
15	National Development Bank PLC	NDB.N0000
16	Royal Ceramics Lanka PLC	RCL.N0000
17	Sampath Bank PLC	SAMP.N0000
18	Teejay Lanka PLC	TJL.N0000
19	Tokyo Cement Co. (Lanka) PLC	TKYO.N0000
19	Tokyo Cement Co. (Lanka) PLC	TKYO.X0000
20	Vallibel One PLC	VONE.N0000

For more information:

Nishantha Hewavithana

Head of Research & Strategy

Colombo Stock Exchange

+94 112 356524

nishanthah@cse.lk

June 29, 2020

Workout.lk together with Hatch is organizing a special Zoom panel talk on Sunday the 5th of July as they share insights and trends from the growing health food industry, celebrate young startups spearheading good work in our community, hear their success stories and pitfalls, and learn how we can make healthy eating sustainable.

The keynote speaker is Shanez Gunatilaka – a USA Certified Natural Health Professional and a Swiss Biological Medicine Practitioner with a special interest on gut and digestion related issues. The featured entrepreneurs from the health food sector are Shehani Rasaputra from JustGoodness.co, Medhini Ighoor from Us on Earth and Ronali Perera from RAW Organic Juices. The panelists will answer to questions such as “how did you create a profitable business in this sector?”, “has the demand for health food increased post Covid?”, “how do you trust marketing claims?”, “how do you compete with mass market products?”, “how can one start a health food venture and how is it being supported?” and more.

The global organic food and beverages market is expected to reach $320 billion by 2024. Zion Market Research, estimated the organic market to be worth $125 billion in 2017. Technavio estimated the market would grow at a rate of approximately 15 percent between 2017 and 2021. While the sector is still very small and fragmented in Sri Lanka, the growing interest in organic chemical-free farming, and planet-friendly practices have been observed during the past few years. The growth of the health food sector is also expected post Covid-19 era as more and more people are taking interest in food as a preventative medicine.

There is evidence pointing to the fact that various micro-nutrient deficiencies (such as zinc, selenium, iron, copper, folic acid, and vitamins A, B6, C, D and E) can alter the immune response. The most effective way to get vital nutrients are via natural foods and whole food supplements (not synthetic). Probiotic and prebiotic foods also help support the good bacteria that live in your gut which help to fight bad bacteria, fungi or viruses. Adding foods such as citrus fruits, green leafy vegetables, and herbs and spices like ginger, turmeric, garlic and cloves support the immune system. Studies for instance show evidence that sulforaphane-containing cruciferous vegetables might protect us against asthma, chronic obstructive pulmonary disease or other respiratory illnesses. There are many affordable local leafy greens which are rich in minerals like selenium, and phytonutrients like beta-carotene, quercetin and lycopene – all fantastic for immune function.

This event is co-organized by Workout.lk and Hatch and the outreach partners are The Good PR and Lanka Business News.

Workout.lk has been spearheading health advocacy events since 2018, many of them with the aim inspire active living and make it easy for consumers in Sri Lanka to lead healthy lives and ultimately reduce the prevalence of non-communicable disease. They ensure to provide unbiased, credible, and ethical information to the end user and actively discourage marketing and advertising that is unhealthy or detrimental to the health and well-being of our community. Hence, Workout.lk aims to uplift industry standards and become a catalyst for positive growth across the segment in the long run. While today’s high stress sedentary lifestyle and change in diet may contribute to the predisposition of health hazards, the need for health advocacy has become paramount, although our media does not carry effective means of addressing preventative measures or behavioral change that is necessary among our community. More information can be found at: https://www.facebook.com/workout.lk/

Hatch is the brainchild of two visionaries who saw the potential for exponentially growing the Sri Lankan GDP through creating a platform designed to improve and develop the entrepreneurial ecosystem in Sri Lanka. Hatch is more than co-working spaces. It is a supportive space where young entrepreneurs can meet and learn from others where the focus is on collaboration and support. During the lock-down, Hatch organized many events related to sustainable diets, tele-medicine, bio-tech and more. Past events can be found at: https://www.facebook.com/hatchWorksLK/

Whether you are a health enthusiast, someone keen to explore the industry or build your own start up, we hope you do not miss this special event. You will also get a chance to ask any questions from the speakers during the talk. Participants can sign up via the following link to reserve your spot and share this event to support the good food movement in our community: https://forms.gle/UNhkrVN73bjqikwj9

Call 077 733 7430 or email contact@workout.lk for more information.

hSenid Business Solutions Limited rings the bell to debut trading on the Colombo Stock Exchange

Mastercard named as the ‘Most Valuable Payment Partner’ of 2021 by Daraz

SLT-MOBITEL brings seasonal abundance with exciting offers & rewards Free Data, Bonus Talk Time and Cashback offers

Samsung launches Galaxy A03 Core in Sri Lanka

Emirates SkyCargo transports 600 million doses of COVID-19 vaccines

Come Now! Why Now? – SLASSCOM Explores how Sri Lanka could Innovate, Disrupt and Transform Global Business

John Keells Properties begins construction on Holiday Homes at Victoria

Constituent Changes to the S&P Sri Lanka 20 Index

Workout.lk together with Hatch is organizing a special Zoom panel talk ; Good for YOU Good for PLANET