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Wins SAFA award:

Union Assurance brings honour to Sri Lanka

Union Assurance PLC, one of the leading composite insurers in Sri Lanka brings honour to Sri Lanka by winning the most coveted SAFA award for ‘Overall Best Presented Accounts’, recently at New Delhi, India.

The South Asian Federation of Accountants (SAFA) was formed in 1984 to serve the accountancy profession in the South Asian Region.

SAFA is also an Apex Body of the South Asian Association for Regional Co-operation (SAARC) and the Regional Grouping of International Federation of Accountants (IFAC).

SAFA represents over 170,000 accountants that are members of national chartered accountancy and cost and management accountancy institutions in South Asia.

The SAFA Award for the ‘Best Presented Accounts’ evaluates companies on corporate performance, accounting policies and disclosures, governance and stakeholder information, timeliness in issuing accounts, holding Annual General Meetings and Annual Report presentation.

Despite the rigorous award criteria, Union Assurance was recognised by SAFA in the previous year as well and won an award under the category for the ‘Best Presented Accounts’ in the Non-Banking Financial Sector. Union Assurance improved upon its own performance to become the overall winner of the ‘Best Presented Accounts’ Award.

Union Assurance was also awarded the Overall Best Annual Report, best in the Insurance Sector, best management commentary and a Merit for Corporate Governance Disclosure by the Institute of Chartered Accountants of Sri Lanka (ICASL).

Sunsilk Style International scheduled for February

Unilever Sri Lan- ka’s mega hair care brand Sunsilk, together with the Professional Hairdressers’ and Beauticians’ Association (PHABA) are prepared to storm Colombo for the six consecutive year when Sunsilk Style International launched at BMICH february 28.

The event which will continue till the second of March, is open to the public from 9:00 am to 8.00pm everyday and will provide consumers with the opportunity to visit over 80 trade stalls dedicated to various aspects of the hair and beauty industry including bridal dressing and make up, trendy hairdos, designer clothing, wedding photography, floral arrangements, cake d,cor, wedding planning, nail art and more.

Lal Weerasinghe, President, PHABA had this to say “This is the second time that PHABA has been a part of this event and we guarantee that it will be bigger and better than last year.

The response we received last year was phenomenal and we have raised the standard this year in terms of what we offer participants as well as consumers.

Sunsilk Style International is by far the largest and most comprehensive event of this nature, a truly an International event with hairdressers and beauticians across Asia participating in the Sunsilk sponsored hair competitions along with our talents local hairdressers.

I want to take this opportunity to thank our sponsor Sunsilk and Unilever Sri Lanka, marketers of Sunsilk for their invaluable and generous support”

Speaking on Sunsilk’s sponsorship of the event, Fazlan Faizal, Unilever Sri Lanka’s Category Leader for Hair, said “Sunsilk Style International is the grand culmination of an island wide hair and beauty culture workshop named “Sunsilk Hadakari” designed to reach out to talented individuals and give them the training and exposure they deserve.

Hameedia launches ‘Romance Collection’ for Valentine’s Day

Leading mensw-ear specialists Hameedia celebrates Valentine’s Day this year with a ‘Romance Collection’ for its thousands of customers all over Sri Lanka. The special Romance Collection featuring an exciting range of cufflinks with hearts and ties specially woven with hearts for the Valentine’s season.

As a value addition bonus to the ‘Romance Collection’, Hameedia also offers free monogramming on shirts, trousers and handkerchiefs, with the individual’s initials in an elegant and classy font within five days.

This year’s promotion extends through February 01 to 29 Hameedia’s branches.

The outstation branches in Negombo, Kandy and Kurunegala will also feature the identical promotions, thus affording the same offers to customers in those areas.

“Over the past couple of years Sri Lanka has joined the international tradition of celebrating Valentine’s Day. As Sri Lanka’s leading menswear specialist dealing in originals only and the country’s oldest retailer and manufacturer of quality men’s clothing, Hameedia has always paid great attention to its valued customers and offered them nothing but the very best”, Managing Director Fouzul Hameed said.

Reputed for original and high quality menswear, Hameedia has achieved record growth since its inception 59 years ago. Known for its strong principles and ethical standing on merchandising “Only Originals”, Hameedia enjoys a very strong and loyal base ranging from connoisseurs to entry level males.

It currently enjoys an expanding loyalty base in Sri Lanka, together with a growing and discerning clientele in its new overseas markets in India and the UK.

Sampath Bank opens 150th ATM at Laugfs SunUp

Sampath Bank opened up its 150th ATM at Laugfs SunUp Super Market in Battaramulla thus expanding it’s islandwide ATM Network.

Partnering with Laugh SunUp, which is a popular Super Market chain who was the first to introduce to Sri Lanka the 24 hour Retail Concept would provide services to a highly selective customers base in and around Colombo.

The state of the art technology of Sampath has made it the prominent information technology leader in the local financial services industry. The installation of these off-site ATMs would provide Sampath customers a host of Automated Teller Machine services to access their primary savings and current accounts, withdrawal and deposit cash, fund transfers, and for bill payments.