HSBC
SL employees in Environmental Fellowship
Four staff members from HSBC Sri Lanka will join this year's Earthwatch
projects launched by the worldwide HSBC group.
Viji Jayewardene
will be tracking and monitoring the jaguar population in Brazil's
Pantanal while Yoshitha Gunasekera will be surveying and collecting
invertebrates in Durban, South Africa. Geeshanth Hettiarachchi will
be involved with the Earthwatch project at the Roman Fort in Tyne,
UK and Chaaminda Kodikara will be researching various methods of
effective environment management.
When they get
back they will each receive a grant to lead a conservation project
of their own based on their experiences with the Earthwatch team
thus ensuring that the funds, knowledge and experience gained from
this project are re-directed to Sri Lanka, a HSBC statement said
"HSBC
has had a very long history of caring for charitable and educational
programmes," said Sarath Piyaratna, the Deputy CEO of HSBC
Sri Lanka. "It funded the Hong Kong University at the turn
of the 20th century and is the biggest corporate donor to Children
in Need.
While Investing
in Nature was spearheaded by the current chairman of HSBC, Sir John
Bond, it is merely an extension of the Bank's original values. For
example, in Sri Lanka HSBC has long been associated with and praised
for its efforts to keep the Horton Plains free from litter,"
he said.
HSBC has created
a US$50 million eco-partnership that will, throughout the next five
years, fund carefully selected conservation projects around the
world. The "Investing in Nature" programme consists of
the largest-ever single donations to three charities, the World
Wildlife Fund (WWF), Botanical Gardens Conservation International
(BGCI) and EarthWatch. Investing in Nature makes the commitment
to protect 20,000 plant species from extinction, restore life in
three of the world's major rivers and train scientists.
CMA's
inaugural conference
The Society of Certified Management Accountants (CMA) of Sri Lanka
is organising its inaugural CMA business management conference on
the theme "Driving Business through Strategic Management Accounting".
The conference,
to be opened by Industrial Enterprise Minister Prof. G.L. Peiris,
will be held at the Taj Samudra on June 15. The society is celebrating
its second anniversary and has invited a galaxy of business personalities
like Badruddin Fakhri, President ICMA Pakistan, Esmond Satarasinghe
(a former chairman at Brooke Bonds, Colombo), accountants G.C.B.
Wijeyesinghe and Fred Puvimanasinghe, Kamal Weerapperuma, Manju
Hatthotuwa, Prema Cooray, Sujeewa Mudalige and Mahendra Amarasuriya
to make presentations.
Sri
Lanka hosts international contractors' meet
Sri Lanka hosts the 32nd annual Convention of the International
Federation of Asian and Western Pacific Contractors' Association
(IFAWPCA) in Colombo from 18 - 22 August this year.
IFAWPCA is an
international body of engineering contractors in the Asian and Western
Pacific region. It has as its mission the development of contractors
and the construction industry in this region and beyond.
This international
event is expected to attract over 400 participants from the 15 member
countries in the Asia Pacific region comprising Australia, Bangladesh,
Chinese Taipei, Hong Kong, India, Indonesia, Japan, Korea, Malaysia,
Nepal, New Zealand, Philippines, Singapore, Sri Lanka and Thailand,
a statement from the local organisers said.
The National
Construction Association of Sri Lanka (NCASL), which represents
the domestic construction community in this country, has been a
regular member of IFAWPCA since 1983. It is also a member of the
Confederation of International Contractors' Associations (CICA).
Incumbent IFAWPCA
President Patrick Jayewardene, who is also a member of the NCASL,
said that the convention's theme 'Social Responsibility in Construction',
was very appropriate to the current times.
He said that
given the number of participants and the countries they represent,
this event is expected to generate a great deal of exposure for
both the entire Sri Lanka construction industry and, as a spin off,
Sri Lankan tourism.
He said that
such conventions not only bring together regional contractors under
one roof, but also provide them with a forum to disseminate the
most modern technologies and systems related to the construction
industry, which are being continuously innovated around the world.
HP-Compaq
merger to lever on combined strengths
By Akhry Ameer
International IT giants Hewlett-Packard (HP) and Compaq will draw
from the strengths of the two brands in the local market to further
instil its local presence.
Both brands that operated locally through various business partners
have been hot competitors in the PC and server segments. In addition,
HP has been making its official local presence felt with competitive
pricing in the peripheral segment with its printers and scanners.
Making the official
announcement, Tan Choon Seng, country General Manager for South-East
Asia said, "With management teams in place in all 160 countries
in which it operates, a three-year product roadmap, over 80,000
sales, service and support professionals, the new HP is ready to
serve customers better than ever before".
A meeting of
all partners who had been representing the two brands had also been
scheduled at the time of making the local announcement. Asked on
how the local scenario would change, Seng acknowledged that there
definitely would be rationalisation. However, he was of the view
that it would all depend on how the local partners take to the merger.
Internationally
the merger will see the diminishing of Compaq as a brand name. However,
the two brand names will remain in the home personal computer market.
In all other products, the sub-brands that excelled in product markets
where both companies were competing before, would now represent
the new single product under the master brand HP. Hence, in the
server market Compaq's Proliant brand name would be retained and
henceforth known as HP Proliant, while pocket PC segment will see
the introduction of the HP iPaq.
The $23 billion
merger that has been looming in recent months was legally closed
in May after a lawsuit by a shareholder in a US court was thrown
out. The new HP recorded combined revenues of $81.7 billion in fiscal
year 2001 with operations in more than 160 countries.
Taj
invests $8 million on hotel renovation
By Hiran Senewiratne
The Taj Samudra hotel in Colombo is planning to invest US $ 8 million
on a refurbishment project, aimed at placing the city property in
line with internationally reputed hotels, its newly appointed, General
Manager Preveen Nair said.
"We are going to position our hotel as a total business hotel
to benchmark it not only with any local five star hotel but with
top hotels in the world," Nair told The Sunday Times Business
in a recent interview.
Nair, an experienced
hotelier from Kerala in India, revealed plans about improvements
in the hotel and said they wanted to make the hotel a businessman's
hotel with all the necessary facilities. Most of the hotel's key
clientele come from the US, Europe, Asia and the Middle East.
The hotel is
focusing its attention on improving all service levels to international
standards and also to introduce new technology under the refurbishment
plan, Nair, added.
The plan includes
the renovation of the first three floors, improving the quality
of the health club and restarting the night club, "My Kind
of Place" with the help of a local partner. The club is not
functioning right now.
Last year the
hotel recorded a 62 percent growth despite a lull in the tourist
industry. Nair said the ongoing peace process would improve industry
prospects and provide a boost to the hotel.
Deer
Park Website clinches PATA Gold
Sri Lanka's Deer Park Hotel at Polonnaruwa was awarded a prestigious
Gold Award for its website at the recent PATA awards presentation
held in India. The awards are a testing ground for the best productions
in Travel in the Pacific Asia region.
According to a statement by PATA, "The Gold Award recognises
exceptional achievements in a variety of endeavours, bringing acclaim
to the best the region's travel industry has to offer. Not only
do the winning projects set industry standards for excellence and
innovation, but they serve as examples for others to follow."
The website is a very detailed site describing the theme of the
Deer Park which is carried by four logos called: Tranquility, Luxury,
Adventure and Care. Its animated introduction sets the tone for
the site with enchanting images and sounds of Sri Lanka. The home
page is captivating with a dream-like picture and a description
of the resort. The site has a very user-friendly navigation system
that enables the visitor to find information with perfect ease.
The web address for the Sri Lankan clientele is www.thedeerparkhotel.com
Lalin Jinasena,
Senior Marketing Manager of The Deer Park, in partnership with Affno
(Pvt) Ltd designed the website. The previous year's winner in the
website category was the Hong Kong Tourist Board. Some of the gold
award winners in other categories this year were Thai Airways, Malaysian
Tourist Board, Indian Tourist Board, Singapore Tourist Board and
many other such large travel organisations.
The Deer Park is owned and managed by the Jinasena Group, one of
the largest conglomerates in Sri Lanka.
Voices
of Peace
Civil society participation in peace vital-Kotelawela
A prominent Sri Lankan businessman and peace promoter has called
for wider civil society participation in the peace process saying
it is extremely essential as dependence on the political route alone
is not enough.
"A lot
more needs to be done, that is not being done (on the peace front).
Following a political route alone could be hazardous and is fraught
with danger," said Lalith Kotelawela, chairman of the Ceylinco
group and founder of Solu-U, a private group promoting peace, in
an interview.
He says the
president, prime minister and more than 90 percent Sri Lankans want
peace with the voices of racial hatred slowly becoming voices in
the wilderness.
While acknowledging this view, he believes there is also an urgent
need to mobilise the civilian population in the peace effort.
Excerpts
of the interview:
What needs to be done?
I suggest that civilians in every village and town should rally
round the quest for peace. Civil committees should be set up comprising
the village headman, elders, teachers, bank manager, etc. across
troubled areas. They should work out peace programmes and report
to a national committee.
Politicians
should stay out of this process. We should also not depend on the
Norwegians alone to solve our problems. The government should present
legislation in parliament making racial hatred and inciting communal
feelings a jailable offence. We should avoid any repeat of the deplorable
incidents in July 1983.
The government
should neutralise all elements that have made war a business. This
would apply to politicians and political parties who are funded
by the arms industry and terrorism. Funding sources of such organisations
should be exposed.
Service personnel
who receive commissions for weapons deals and endorse substandard
equipment - which is a horrendous crime - should be taken to task
and dealt with by the law. Such offences should be handled by a
military court of law.
In corruption vis-a-vis arms deals, the law should start with the
highest in the military to the lowest ranking officer. No one should
be above the law. No immunity should even be given to the highest
in the land and a full investigation launched if there is some wrongdoing.
McBolon
gets ISO 9002
McBolon Polymer (Pvt) Ltd, a collaboration between the McLarens
Group and the House of Alliance, recently received ISO 9000 certification.
The company
has revolutionised the insulation and packaging industry by innovative
product lines marketed under the brand names McFoil, McFoam and
McWrap.
McFoam as it is popularly known is used for insulation of air-conditioning
ducting systems in the engineering field. McFoil is a laminate of
non-cross-linked low-density polyethylene foam and metalized polyester,
which results in 95% reflectivity of radiant heat.
According to
the Technical Director of McBolon, M.S.I.K. Perera, it is the policy
of the company to design and develop new products and a new team
of innovative engineers and marketers have been deployed in this
exercise.
"Dogfight
over Jaffna skies"
I refer to the article with the above heading in your business section
of the "Sunday Times" of May 19 on the Internet.
Historically,
civil aviation in Sri Lanka has suffered from a lack of a coherent
and long-term policy and a serious lack of foresight. I need not
waste any time or space to outline the results. We are approaching
the hundredth year of "heavier than air" flight and where
is Sri Lanka in the field of aviation? We had several regional and
international airlines and many local operators. The airlines suffer
from political "fiddling" and the other civil operators
suffer from bureaucratic "fiddling." Just count the numbers
of chairmen the airlines have had - it's mind-boggling! It is about
time the minister responsible for civil aviation takes a long, hard
look at what's happening in civil aviation.
Your article
"Dogfight over Jaffna skies" tends to highlight some of
the problems facing civil aviation operators. The opening up of
the domestic market has some operators crying out, "Unfair
- we were first" while others say," Let us all have a
piece of the pie."
It is essential
to ensure that while a "level playing field" is kept for
all operators (and it's best to leave that to the Director General
of Civil Aviation (DGCA) rather than to God!), the consumer's interests
are also looked into. Competition rather than a monopoly (or a duopoly)
will ensure that. One need not look any further than SriLankan Airlines
to see the truth of that! Hopefully, this will change soon.
The DGCA's task
is to ensure that all operators work under the same regulations
and that any change of regulation is done with due notice and in
a timely manner.
One of the operators quoted in your article as the "the most
experienced domestic operator" since 1994, has gone to courts
against the DGCA as it is "seeking more time to comply with
the civil aviation regulatory requirements". One wonders what
they have been doing all this time without meeting the regulations.
Surely, all operators must be regulated by the same set of rules
and the DGCA must do this without fear or favour. To stop all other
operators via a court injunction until one operator gets his act
together is the height of absurdity, unless of course, the DGCA
has given an undue advantage to another operator.
The minister
must ensure that the DGCA applies the rules even-handedly and then
let commercial forces decide which operator succeeds and which one
fails.
It is also a good time for the minister to look at the Air Force
"Helitours" operation. The Air Force started a civil operation
in 1972, when they had a surplus of helicopters and other aircraft
purchased and "gifted" to the Air Force at the time of
the 1971 JVP insurrection. The amazing fact is that at the height
of the "Eelam war" the Air Force was still hiring out
helicopters and other aircraft! When it came to the Jaffna operations,
the government banned private operators from operating to Jaffna
but permitted some of the very same private operators to lease their
aircraft to the Air Force to operate to Jaffna - as civil aircraft
(i.e. with a civil registration) but without the jurisdiction of
the regulator of civil operations - the DGCA. The Air Force was
thus operating civil aircraft "illegally" because the
Civil Aviation Department did not control these aircraft. Now that
the skies are being opened up, if the government and the operators
want a "level playing field" the Air Force "Helitours"
(or "Hell tours" as described in a recent newspaper article)
operation to Jaffna should be terminated. The Air Force can always
"undercut" the civil operator when it comes to costs as
most maintenance and ground handling costs can be hidden within
the normal Air Force operations.
Leave the "fixed-wing"
civil operations to civilians and let the Air Force control the
helicopter operations if they feel that there is a security threat.
Allow the DGCA to administer these civil operations even-handedly
and with the safety of the public as its prime objective. All aircraft
operations are capital-intensive and some operators are bound to
fail. There is a saying in the aviation world that "To start
an airline is a good way to make a small fortune - if you start
with a big one!" Let that be determined by market forces rather
than by regulatory ones.
The airborne
travelling public in Sri Lanka will be astute enough to determine
"a good deal" from a bad one.
Industry observer
Carson's
Indonesian estate exports oil palm
Carson Cumberbatch and Co, the diversified Sri Lankan conglomerate
that owns and manages over 18,000 hectares of oil palm plantations
in South East Asia, has reported the start of commercial operations
at its newest oil palm venture in Indonesia.
Exports of crude
palm oil (CPO) have commenced and the investment of Rs. 4.3 billion
in Indonesia will contribute "significantly" to the group's
future profitability, the company said in its annual report for
the financial year ended March 31, 2002. Carson's Group turnover
rose 40 percent to Rs. 3.3 billion and profit after tax increased
150 percent to Rs. 354 million in the year under review. Overseas
plantations contributed 22 percent to group revenue and 2.2 percent
to pre-tax profit.
Carson's has 13,800 hectares of oil palm plantations and an oil
processing mill with a capacity of 45 metric tonnes an hour, expandable
to 90 tonnes an hour, near the port town of Sampit in Central Kalimantan.
Over 5,000 hectares
of the total 13,800 hectares are now mature and produce a crop of
82,715 tonnes, the company said. The oil mill started production
in April 2001 and shipped more than 26,000 tonnes of CPO and 3,000
tonnes of palm kernel during the year.
Carson's reported
total sales worth $ 7.3 million with a tonne of CPO fetching an
average of $ 275. The entire plantation will come into maturity
in 2004. It has a land bank of 2,500 hectares available for future
development.
Carson's also
said that with the recovery in world palm oil prices, the group's
oil palm plantations in Malaysia have returned to profitability
and a planned replanting programme has been implemented to improve
productivity.
Estates in Malaysia
produced a crop of 27,666 tonnes of fresh fruit bunches and yields
averaged 18 tonnes a hectare, the company said. Future prospects
were positive with imports by India and China expected to drive
demand.
People's Bank
comes out of the red
Sri
Lankan innovation for gems, jewellery industry
The art of gem cutting is a time-honoured blend of craftsmanship
and tradition. For the master lapidarist each stone is unique and
is lovingly crafted to bring out its individual brilliance and maximum
yield.
The manual processing
of gemstones relies entirely on human skill and decision making.
In the case of high value stones the work is carried out by a single
skilled lapidarist who is responsible for the final quality of the
finished stone. In the case of the cheaper varieties of precious
stones and semi-precious stones, the process is broken up into different
sections and each stage of the production process is carried out
by different groups of workers, eg. sorting, sawing, calibrating,
faceting, polishing, etc.
The traditional
method of handcrafting jewellery is soon becoming obsolete, as the
jewellery and watch industries are rapidly moving towards the age
of technology. In this context, Gemonics (Pvt) Ltd, a wholly Sri
Lankan- owned company in collaboration with Cambridge Gemonics (Pvt)
Ltd, has developed a gem cutting solution which can transform the
entire gem and jewellery industry, opening new boundaries hitherto
not attempted. The cost efficiency, productivity and volumes envisaged
by the use of this technology and marketing of the technology to
others in the industry will allow Gemonics to reach new heights
in the local and international markets.
The Robotic
gem cutting and polishing machine, developed and fabricated by Gemonics
(Pvt) Ltd, with technical inputs from Cambridge Gemonics (Pvt) Ltd,
a research and development company, is a multispindle fully automatic
machine, of which the technology and design are based on the CAD-CAM
principles. The commercial grade machines in their present state
of development is capable of faceting and polishing synthetic and
natural gemstones to sizes of 1.0 mm and above for standard round
brilliants with 57 facets. Having perfected this, Gemonics now intends
moving on to other standard cuts, such as ovals, squares, pears,
trilliants, marquise, etc.
According to
Dr. Vickum Senanayake, CEO of Gemonics (Pvt) Ltd, the company's
immediate plans are to engage in the service cutting of gemstones,
as a mechanism driven towards proving the technology to the industry.
"We already have two companies in Germany supplying roughs
for service cutting. The reports received from these two companies
as regards the quality of stones cut and finished by Gemonics have
been very encouraging. Today employing two machines, we are able
to do the work of 25 top quality manual cutters", he said.
Infotel
Lanka 2002 in October
The Infotel Lanka 2002 exhibition and conference, a hallmark event
of the local IT industry will be held this year from October 10
to 13. The event will be one of a series of many activities which
will form the international ICT week and be based on the theme "Envisioning
an eNation".
The organising
activities of the conference and exhibition commenced recently with
the announcement of the principal sponsors. Big names in the local
ICT arena such as Debug Computer Peripherals, Pan Audio, John Keells
Office Automation, Softlogic Trading will be part of a group of
12 principal sponsors of the event.
Together with the exhibition, Infotel Lanka will also organise pre-conference
workshops, a main conference, the National Best Quality Software
Awards Competition, corporate presentations and the Young IT Innovator
Competition during the international ICT week. Yet another important
event this year would be the launch of a National Centre for Software
Excellence.
The Infotel
Exhibition and Conference was first launched in 1992 under an initiative
of Prime Minister Ranil Wickremesinghe. Thereafter the Infotel Lanka
Society Ltd was formed to represent the local ICT industry and relevant
government institutions. Since then the exhibition and conference
has been held on four different occasions. The last event, Infotel
2000 exhibition had 187 trade stalls and attracted over 2,000 business
visitors and 25,000 others.
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