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COMBank seminar for corporate customers

Over 50 corporate customers of the Commercial Bank of Ceylon were recently provided an opportunity to participate in a seminar organized by the Bank to promote understanding of 'Financial Derivatives'.

The Bank's top treasury customers participated in this full day seminar at the Earl's Regency in Kandy.

The speakers at the event were Head of SE Asia Pacific/GCC Global Market Group at ICICI Bank of Mumbai Manish Jain and the Central Bank Assistant Governor Ananda Silva.

The presentations covered managing risk 'with' derivatives, managing risk 'of' derivatives and "New found Strengths, Opportunities and Challenges for businesses".

Though the topic of the seminar sounds very formal, it was anything but that, said Head of Global Markets at Commercial Bank Prins Perera.

Participants were taken to Kandy in the plush comfort of the Viceroy Special train, a 75-year-old private train and the only steam train still in operation in Sri Lanka.

The luxury train has two air-conditioned observation saloons furnished in period style, with 64 plush reclining seats and individual adjustable tables.

After the seminar, it was time to have fun and games. Everybody had a wonderful time enjoying the games that were lined up for them. Toe tapping music kept company whilst Commercial Bank treasury team mingled with their valued customers and got to know them in a more informal setting. It was truly mixing business with pleasure, in the most positive way, Perera said.

"The seminar was greatly appreciated by our corporate customers who deal with companies in the international markets. It highlighted the importance of having a hedging mechanism that guarantees the inflow and outflow of profits," he said.

Horlicks Wiz Kids 2009

The Horlicks Wiz Kids competition designed to provide school children between 12 and 18 the opportunity to discover and showcase their talents in various fields while competing in a healthy and energetic environment.

The competition initiated by Horlicks is South Asia's largest hunt for outstanding students who have a correct balance of character and competence. The search was conducted in Sri Lanka recently, where a large number of children from schools across Colombo faced a series of tasks testing their skills in Music, Literature, Dance, Singing, Writing, Speaking, Creativity, Talent, Art and Design.

The Horlicks Wiz Kids competition commenced a few months ago where students from schools in the Western Province engaged in a written questionnaire and an interview round with the judges where general topics such as life, their ambitions and project synopsis were covered.

The two selected candidates from Sri Lanka, Kaushika Nimantha Jayalath from Royal College and Dhanushika Sivanathan from Stafford International School were then taken to Bangalore where they were joined by students from across South Asia.

Right footwear to enhance every outfit

The Anmol designer store launched an exclusive shoe-line recently. Anmol Sabeena Patni proprietor said, one such gap that we identified was the necessity to obtain the right footwear to enhance every outfit.

The collection will be diverse ranging from the multi-branded shoe collections made in Italy, Malaysia and India to labels such as Tresmode, which has Italian and Asian roots.

Tresmode, inspired by the high streets of Milan, Paris, and Tokyo offers a wide range of choices. They vary from trendy slip-ons to stylish office wear, sleek and sexy stilettos to chic gladiator slippers. These shoes will help modern fashionistas to achieve the ultimate fashion statement they all crave.

The shoe collection will also include the label Varushka, the trendiest designer patronized by all high end designers and celebrities in India, as well as many other exclusive brands for the craziest shoe fans in Sri Lanka.

"Currently we are featuring only Western-styled shoes but we do have plans to bring in designer bags next season," said Co-proprietor Husain Patni.

He said, "Anmol has always strived to offer the most exclusive apparel to their clientele and added that the shoes will be a special extension of what we offer."