Business

 

ComBank launches Affinity Card with Nalanda College
The Commercial Bank of Ceylon Limited has launched an international credit card for the exclusive use of the past pupils and others who are affiliated to Nalanda College, Colombo.

The use of the Nalanda College Affinity Card by cardholders will help expedite the construction work of the proposed sports complex for the school because each time the card is used 0.1 percent of the total value of transactions goes to the Old Nalandians Sports Development Trust Fund. In addition to this, Rs. 300 out of the annual fee is also paid to the same fund.

Those eligible to apply for the Nalanda College Affinity Card would be members of the Nalanda College Old Boys' Association (OBA) and its regional branches and groups, the Junior OBA, Old Nalandians Sports Club, Old Nalandians, the School Development Society, parents of present Nalandians, the media forum and the academic staff of the College.

SriLankan Airlines says to resume flights to Germany
SriLankan Airlines said it would re-commence services to Frankfurt via Paris four times a week in late October, the start of the winter season, subject to suitable landing slots being obtained at Frankfurt.

"As part of the airline's continued review of its operating programme, we have undertaken a study of the opportunities in the German market since the events of September 11 last year. With the peace initiatives undertaken by the government of Sri Lanka, our projections are that the development of both leisure and business traffic from Germany is set to grow significantly in the future," said SriLankan's CEO Peter Hill.

He said recent discussions with tour operators in Germany confirmed this optimism and this view is shared by local hoteliers and the travel trade in Sri Lanka. "We are also responding to concerns expressed by the government that direct air services are limited between Germany and Sri Lanka which in their opinion is hampering the development of tourism between the two countries," he said.

Details of SriLankan's schedule will be announced once the relevant airport slots have been obtained from French and German authorities.

New representation for BMI British Midland in Sri Lanka
BMI British Midland announced the appointment of Discover the World Marketing-Sri Lanka, to represent its BMI office with effect from 1 May 2002. This decision comes as part of a global strategy to concentrate all commercial and promotional activities outside the UK, with Discover the World Marketing - the international travel representation company.

BMI is the second largest UK airline based at London Heathrow, where it holds 14 percent of all take off and landing slots. BMI with a fleet of 57 jet aircraft and an average age of five years, operates over 2,000 flights a week to 28 destinations in 11 countries. The fleet consists of Airbus A330 , A321/320 , Boeing 737, Fokker and Embraer-type aircraft.

CIM marketing awards in July
The Chartered Institute of Marketing (CIM), Sri Lanka branch last week announced the launch of its second annual, 'CIM Marketer Awards' Ceremony, which will be held on July 27.

'' This is an endeavour by the local branch to recognise the, excellence of its members,'' CIM branch Chairman Lasantha Abeywickrema said.

Project chairman Shiraz Latiff said that under the CIM Achiever Award each candidate would be evaluated on four criteria - Personal Marketing, Integrated Marketing, Incremental Marketing and Internal Marketing aspects.

He said the awards are of two types of which the CIM Achiever Awards is a competitive category. This would attract nominations sent in through the CEOs of the nominee organisations. These awards will be given in three categories of small (annual turnover less than Rs. 500 million), medium (annual turnover less than Rs. 1.5 billion) and large (annual turnover more than Rs. 1.5 billion). Nine individuals will be awarded with the gold, silver and bronze trophies respectively in three categories.

Business unusual
Sweet-smelling business venture
By Naomi Gunasekara
Standing behind a tall wooden table full of butterfly, fish and flower-shaped lollypops and other sugarcoated candy, M. J. M. Iyoob of Arafath Fruit Centre is a modern-day genie. He brings much happiness to kids by displaying heaps of sweets and fruits at his sales outlet. Children who visit his shop always gaze in awe at the delicacies on display.

A dealer in fresh fruit and imported candy, the centre sells both wholesale and retail and is often crowded with kids who are drawn like magnets to his world of candy.

From almond-centered toffees to mint, rum, honey, peanut or jelly-centered chocolates, Arafath Fruit Centre at 193, Second Cross Street, sells candy imported from England, Haiti, Malaysia, India and Argentina. A children's paradise, Arafath Fruits Centre, also deals in imported and local fresh fruit. It attracts children with its mountains of candy wrapped in bright colourful wrappers.

"We thought of starting something different," said Iyoob who launched his business three years ago amidst protests from family members. He has continued selling imported chocolates and other candy despite being ridiculed by others. "I believed in myself and had a strong feeling that I would survive," said Iyoob, who sells chocolates like Toblerone, Ferrero Rocher and Cadbury in addition to imported biscuits, toffees, lollypops, jelly beans and crystals, peppermints, dried apricots and camel milk products.

"We sell only imported goods. The quality is good and we have no problems selling them," said Iyoob, who is quite content with the decision he had made three years ago. His tiny shop, which has a lingering aroma of ripe fruit, has become a fantasyland to hundreds of delighted kids who visit the shop with parents on a regular basis.

"Pettah sells the most unusual products like little electronic items and toys. I wanted a steady and unusual business." Business is steady according to Iyoob, because it is one of a kind. Dressed in a blue and white striped shirt, blue trousers and sandals, Iyoob said he spends most of his time at the shop attending to the needs of customers. "We are known for our fruit and candy. But we sell a number of other imported products too." These products include peanut butter, jam, soups and imported cordials, biscuits, almonds, fruit juices, cherries, fruit cocktails, cereals and cheese.

"We have the only imported sweet shop in town and those who want fresh fruit and quality chocolates come to us. Sometimes people buy sweets in bulk to give as gifts at weddings. When sweets are purchased on a large scale for such functions we wrap them free of charge in little baskets." Even fruits are wrapped when bought in bulk to be given as gifts. "Our prices are reasonable hence many partonise my shop frequently. That is where our strength is," he said with much pride.


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