News
Re-inventing the role of the co-op.
ETF goes for 5S
Expat wins Emirates holiday prize
Lokuge blasts SriLankan Airlines
Minister's allegations refuted
Close watch on public pulse
Multi-regulatory authority in next budget
Central Bank enhances financial limits
ADB president to visit Sri Lanka, Maldives
SLIM awards night on March 9
Unilever says tea import ban influenced plant
closure
Danish business delegation to visit SL
Danes eye SL as gateway to Indian market
Ceylinco clears Rs. 2 bln mark
Emirates signs AIRBUS A380SA380s deal
Biz briefs
3M sees good market for shatterproof film
East-West group in alliance with People Power
Int
Pleasure craft exports to Holland
Janashakthi accepts Eagle's expression of regret
CyberSoft-IBM business partners
BOI signs 12 agreements in January
People's Merchant Bank in Indian Line of Credit
Port improves e-business systems
Key to success in aquarium fish exports
SriLankan's new freighter service
Features
Re-inventing the role of the co-op.
SANASA, a network of co-operatives with around one million members, is
organising a workshop on using micro-finance to alleviate poverty by developing
entrepreneurial talent and creating competitive enterprises based on co-operative
values.
It will be held on March 15-22 at the Hotel Renuka, Colombo. Participants
include SANASA President, P.A. Kiriwandeniya, Professor S. Thilakarathne,
Professor of Economics and Central Bank Governor A. S. Jayawardena. The
event is open to non-members.
The theme of the workshop is the need for co-operatives to re-invent
their role in the modern world, finding an appropriate balance between
competitive pressures and serving its members. The event is sponsored by
SANASA and the International Co-operative Alliance, an international non-governmental
organisation which represents co-operatives world-wide.
SANASA, whose members come from 8,226 primary societies, gets technical
and financial support from international NGO partners. It has a broad range
of educational programmes under the SANASA Federation which consists of
SANASA Development Bank, All Lanka Mutual Assurance Organisation, SANASA
Producer and Consumer Alliance, SAN-ASA Engineering and Development Company
and SANASA Communications.
Through its education, training and research wing, SANASA Education
Campus, the organisation transfers knowledge and shares experiences based
on its expertise as an institution dealing with issues relating to micro
finance. It organised two conferences in November 2001 and January 2002,
attended by representatives from co-operatives in India, Iran, Nepal, Canada
and Indonesia.
ETF goes for 5S
The Employees' Trust Fund Board, which has 1.4 million members and funds
worth about Rs. 34 billion, recently completed the first phase of a 5S
programme - the Japanese management technique - aimed at giving staff a
cleaner work environment.
Six hundred employees took part in a clean-up day held on Saturday,
February 23, sacrificing off-time in a united effort to clean up their
offices in order to increase efficiency, an ETF statement said.
The clean-up campaign precedes the next stage of the 5S programme which
will involve organising the office to ensure there is a "place for everything".
Employee trade unions such as the Jathika Sewaka Sangamaya and Nidhahas
Sewaka Sangamaya co-operated to make the clean-up project a reality.
The ETF was established in 1981 and has offices in Galle, Kalutara,
Gampaha, Kurunegala and Hatton.
Expat wins Emirates holiday prize
An expatriate based in Sri Lanka has won a holiday for four in an in-flight
competition conducted by Emirates to raise awareness of the Dubai Shopping
Festival.
Mrs. Kim Radzak, the American wife of Wolfgang Radzak, Project Manager
for the Noell Company at the Kukule Ganga hydro power project, has won
four Emirates return tickets from Colombo to Dubai and a five-night holiday
at Le Royal Meridien Beach Resort and Spa for four.
"It was a pleasant surprise. I am looking forward to visiting Dubai,
especially for the shopping," Radzak said.
The in-flight competition was also meant to popularise the Emirates
Holidays value-for-money packages that is valid from March 1 to 31.
Lokuge blasts SriLankan Airlines
Tourism Minister Gamini Lokuge has blasted national carrier, SriLankan
Airlines, for failing to promote the country as a tourist destination when
it was most required - soon after the Colombo airport attacks in July 20001
and the US crisis later in September.
"In fact some SriLankan Airlines flights fly between Japan and the Maldives
with Colombo being only the final destination. This has put Sri Lanka in
a disadvantageous position in the promotion of its tourist industry," he
told reporters last week.
The crisis facing Sri Lankan tourism arising out of the Colombo airport
attacks and the US problem could have been reduced to a great extent if
the national carrier had cooperated with other sections of the industry
to revive tourism, he said.
Lokuge said the government has sought the advice of the Attorney General's
Department in regard to the agreement with Emirates which has a 40 percent
stake in the company.
The minister revealed that the absence of SriLankan Airlines offices
in lucrative markets like Rome and Germany had also adversely affected
the industry.
Sri Lanka needs to have direct flights to European destinations, he
said. German tourists coming here are compelled to stop over in Dubai and
the Maldives, he said, adding that Japanese tourists had a similar problem.
Minister's allegations refuted
SriLankan Airlines Head of Commercial G.T. Jeyaseelan dismissed allegations
against the airline saying the perception that the national carrier was
being given undue protection and that it was not doing enough to promote
tourism was incorrect.
Other carriers were free to operate to Colombo but many were not doing
so because the market was not big enough to make such flights commercially
viable, he said. The belief that having an "open skies" policy would automatically
boost the tourism and the domestic airline industries was incorrect, he
said.
Foreign airlines complained that there was not enough traffic throughout
the year to make flights to Sri Lanka viable, he said.
Also, aviation fuel prices here were much higher than elsewhere, he
added. SriLankan Airlines spends $4-5 million a year on promoting Sri Lanka
as a tourist destination, he said.
SriLankan Airlines was compelled to pull out of many destinations, including
Germany, after it lost half its fleet in last year's terrorist attack on
the Katunayake international airport, Jeyaseelan said. "We pulled out of
destinations where losses were high and where other carriers were operating,"
he said, adding that the airline still had its country manager in Germany.
SriLankan Airlines maintained flights to Zurich because it was the only
European country where Sri Lankans do not need transit visas, he said.
Asked about complaints from foreign airlines that ground handling charges
at Katunayake were too expensive because of the monopoly given to SriLankan
Airlines, Jeyaseelan said the charges were "quite competitive" and "definitely
cheaper than in India." He added: "It is not a major reason for other airlines
not to come here. Passenger traffic is the main factor airlines look at."
SriLankan Airlines was faced with the dilemma of being expected to operate
to many destinations as the national carrier while at the same time being
expected not to make losses at the end of the year, he said. "We operate
as a commercial entity but keep in mind the national interest," he said. |