Cox Media Network features Hameedia
One of Sri Lanka’s leading menswear specialists Hameedia has been
chosen to be featured in Exclusive Resorts and Day Spas, an
award-winning television show featuring leading resorts, hotels and
attractions from around the world. The show is aired on USA’s Cox Media
network and is soon to be aired on other networks around the world.
Alexander Shambly with Hameedia Managing Director Fouzul
The program’s celebrity host Alexander Shambly who was in Colombo
recently singled out Hameedia to be featured on the program. “In my
opinion, Hameedia is one of the best tailors in the world of fashion. I
have been very impressed by the quality of its work and its sheer
Although the show is mainly about leading resorts, hotels and
attractions, I thought it fit to include Hameedia in the Sri Lanka
segment and promote it as among the best in this region,” he said.
“As a former international model myself and having been at the
forefront of the fashion and beauty business for over 25 years, I admire
Hameedia for its creative design. Its products are world class and
there’s no reason why Hameedia shouldn’t do well on the highly
competitive international market,” Shambly said. The program has been in
production for the past six years and has done numerous episodes.
More popular destinations have been the Maldives, Dubai, Hong Kong,
Vietnam, Australia, Thailand and Singapore.
Primary viewership is from the USA, Australia and Europe with
web-based traffic attracting viewers across 35 countries.
Exclusive Resorts and Day Spas has featured the leading resorts and
hotels including luxury brands such as Raffles Hotels, Kempinski, John
Keells Group, W Hotels and Taj Hotels.
Aspirations Education marks six years
Global education counselling :
Aspirations Education (AE) an international career guidance and
student placement service centre in Sri Lanka recently celebrated its
sixth year anniversary at the counselling centre. The centre currently
works with over 100 prominent universities and institutes in Australia,
UK, New Zealand, USA, Canada, Malaysia, India and Singapore.
With the education industry in Sri Lanka being in the spotlight with
local universities and the Government’s attention towards international
education, and Sri Lanka’s highly literate population with a positive
attitude towards solid education, there is immense potential for the
industry to grow rapidly. Aspirations Education Chairman Ajith
Abeysekera said, “Aspirations Education was born out of a resolute
commitment to be a fountain of inspiration to the Sri Lankan community
to help them realize their aspirations. Our core business model is
providing career guidance and counselling services to students who wish
to pursue their education overseas.”
He said, “Students who aspire to study abroad should be given proper
guidance at the right time. They should be able to get accurate and
authentic information with regard to options available. Such guidance
will help students with lower costs, increased chances of university
acceptance, cultural adaptability and even increased chances of
financial assistance. This may also improve students’ profile to
obtaining visas and most of all enhance career opportunities in today’s
Proper counselling in the areas of both education and careers help
students pick the university that best meets their needs maximizing the
chances of financial assistance and career opportunities. Comprehensive
guidance will not mislead students at the crucial juncture in their
lives, which can break or make their future; this is what Aspirations is
all about.” International education provides students to be more fluent
in other languages, better understand other cultures and have a greater
appreciation of their own, are able to better determine their career
choices and begin building resumes well before college.
Another very real practical benefit is the fact that corporates place
a high value on applicants who have had international education
experiences, which opens admissions options to the most respected
Once students do go to college, they are more committed than most of
their peers and the demand among many professions for global skills and
experience in cross-culture awareness open doors for more career
Orient Group wins Gold
Orient Group Chairman and Managing Director C B Ekanayake
receiving the award from Cooperatives Minister and
Kurunegala District MP Johnston Fernando.
The Orient Group of Companies Founder Chairman and Managing Director
C B Ekanayake won the Gold award for the Best Entrepreneur of the Year
in the North Central Province of Sri Lanka in the Large Category of the
competition organized and conducted by the Federation of Chambers of
Commerce of and Industry of Sri Lanka (FCCISL). He also was placed
fifth, winning Bronze in the All-Island competition for the Entrepreneur
of the Year Award 2010 which was also organized by the FCCISL. The
Orient Group headed by Ekanayake comprises Orient Construction Co,
Orient Polysacks Co, Orient Hardware Stores, Orient Trade Centre and
Orient Auto Enterprises.
Orient Construction Co is an M1 registered building contractor in Sri
Siddhalepa wins awards
Cleaner Production Awards Ceremony – 2010:
Hettigoda Group being the highest in excellence in Clearner
Production Practices in manufacturing (Large Organization Category)
received the Silver Award at the National Cleaner Production Awards
Ceremony held on January 26 at Galle Face hotel.
The company also bagged three Excellence awards in recognition of
Cleaner Production achievements in Material Efficiency, Energy
Efficiency and Water Efficiency in Manufacturing (Large Organization
In efforts to empower the future sustainability of the country, the
Siddhalepa Company has excelled in many attributes over the years, which
were highly praised locally and internationally.
The company won three awards in Cleaner Production Practices last
Efficient usage of resources, minimizing wastes, solid waste
management, effluent water treatment, rainwater harvesting, recycling,
and reusing are some of the best practicing areas of the company.
As an energy saving measure, the company has used solar dryers
replacing electric ovens to dry raw materials, which leads to minimize
the electricity consumption substantially.
Going beyond manufacturing boundaries, Siddhalepa company has made
its presence felt in green movement and other aspects of sustainable
These activities cover a whole range of waste management projects,
herbariums in schools, publicising the importance of environment
protection and conservation of natural resources, etc.
Hettigoda Industries is the first ayurvedic company to receive ISO
9001,ISO14001, and ISO 22000.
It has also obtained GMP, SLS, FDA, HACCP, HALAAL certificates and
Honda 3Q net profit falls
Honda Motor said Monday its net profit for the three months ended
December fell nearly 40 percent from a year ago as the yen’s strength
overshadowed cost-cutting efforts and as demand in Japan slowed.
The automaker posted a net profit of 81.1 billion yen ($ 995 million)
for the quarter, missing the average Nikkei forecast for a 93 billion
yen net profit.
Sales fell 5.8 percent to 2.1 trillion yen in the three-month period.
Honda said that if calculated at the same exchange rate as the
corresponding period last year, net sales for the quarter would have
decreased by approximately 0.8 percent. For many Japanese firms, the
yen’s surge against the dollar and the euro has mitigated a
post-financial crisis revival in demand and undermined the benefits of
earlier cost cuts and restructuring.
More companies are considering moving production overseas to stay
competitive against rivals benefiting from weaker currencies in their
Honda’s operating profit slumped 29 percent to 125.6 billion yen.
Honda said the fall was “due primarily to the unfavourable currency
translation effects and decreased sales in the automobile business in
It warned that the economy of its domestic market was “at a
standstill”, with the slow recovery of consumer spending and prolonged
high unemployment still keeping demand at home weak. Auto demand eased
in the period as Government incentives to spur car buying expired.
However, the automaker said it expected its full year net profit to
hit 530 billion yen, up 97.5 percent year-on-year, an upward revision
from 500 billion yen forecast in October.
The automaker said net profit for the nine months ended December was
489.5 billion yen, up 149.5 percent from the same period last year.
Vallibel Finance moves to new office
Central Bank Governor pays tribute to company’s
Central Bank of Sri Lanka Governor Ajith Nivard Cabraal
opens the new office with Vallibel Finance and the Vallibel
Group Chairman Dhammika Perera
Central Bank of Sri Lanka Governor Ajith Nivard Cabraal opened the
new headquarters of Vallibel Finance. “This new office is a great
reflection of how far Vallibel has come over the last four years,” said
the Governor. Situated at 310, Galle Road, the new five storey office is
a few metres away from the previous Vallibel Finance head office and
houses the expanding operations of the company as it seeks to infuse
fresh impetus to its development strategy.
“It really is a pleasure to see our finance sector’s progress
reflected in the achievements of this young company. Vallibel should be
very proud of these new premises and I believe we can expect great thing
from them in the future,” the Governor said at the opening.
The new Vallibel Finance Head Office at 310, Galle Road,
“At this time, the nation is pushing forward with a development drive
unlike anything it’s ever seen before,” said Cabraal. “In terms of the
financial sector, we are establishing all the necessary elements to take
this sector forward,” he said. “As an investor, I believe this a key
period for us,” said Vallibel Finance and the Vallibel Group Chairman
Dhammika Perera. “Now the business community must do its duty to the
country by investing in local businesses and creating local
opportunities. This is the time for us as investors to assume leadership
in the drive for development and take the nation forward. I for one am
ready to take this stand,” he said.
Vallibel Finance blazed into the competitive industry with a promise
to create better access to modern-day financial tools for all, a pledge
that captured the imagination of many across the country.
As a part of its expansion plans during the current post-war recovery
period, the powerful young challenger of the Sri Lankan financial sphere
has been carrying out an extensive countrywide campaign to develop its
branch network, a campaign which is to continue through 2011. The
company’s dynamic growth strategy has many more developments in store,
achieving significant growth in assets, profits, and fixed deposits
during the last financial year.
Having successfully opened several branches across the island, the
company had been planning these new premises for some time, according to
Vallibel Finance Managing Director Jayantha Rangamuwa. “This new office
is a great leap ahead of Vallibel Finance,” said Rangamuwa. “We have
grown immensely over the last four years, and these new premises will be
instrumental in helping us deliver a better calibre of service to our