Connect with us

Business

SLTC hosts Research and Innovation Awards Night to felicitate top achievers

Published

on

Sri Lanka’s foremost corporate powered research University, Sri Lanka Technological Campus (SLTC), recently successfully concluded its Research and Innovation Awards Night – RaIN 2021 – to felicitate achievers who have won international and national recognition for research and innovation. The event was held at the SLTC Padukka Campus and was graced by Min. Namal Rajapaksa, Minister of Youth & Sports, as the Chief Guest and Minister of Trade Min. Dr. Bandula Goonewardena, Nipuna Ranawaka, Member of Parliament graced the occasion as Special Guests.

Sri Lanka Technological Campus took this opportunity to dedicate this event “Research & Innovation Awards Night – RAIN 2021″to recognize best performing researchers, staff and students, especially those who have shown exceptional performance in terms of research in the past years.

Key achievements as an institute such as publishing more than 80 plus research publications for the year 2020, being ranked as 19th in Sri Lanka in Webometrics rankings, publishing of 2 books and 5 book chapters, SLTC being the recipient of 2 major European Union (EU) research grants as a young university as well as individual performances such as publishing the Highest Impact Factor paper in Engineering & Physics – 2019 were highlighted during this event

Winners of last year’s World Invention & Trade Expo (WINTEX) International Paper Competition held in Indonesia were recognized at the event. Five teams from the School of Engineering at SLTC secured three Gold Awards, two Silver Awards & a Special Awards for Best Application of Technology in the ‘Best of the Best’ category.

In addition, 2 Performance Research Awards and 4 Emerging Young Researcher Awards were handed over to respective winners by Mr. Namal Rajapaksa while Mr. Nipuna Ranawaka MP gave away seven awards: one Certificate of Appreciation for Undergraduate Research Supervision and six Certificates of Recognition for Mentoring & Coaching Undergraduate Research & Innovation.

Speaking at the event, Founder President/CEO Eng. Ranjith Rubasinghe said: “SLTC was started in 2014 with an investment of only USD 1 million, with the single-minded intention of uplifting the quality of private-sector education in Sri Lanka. I am very proud of how the University has grown and expanded since and the many accolades distributed today, some awarded by global bodies, are a testament to how we have manifested the aforesaid intention through the uncompromised quality of education offered. Today SLTC has over 3000 students, 200 distinguished members of faculty & many state-of-the-art facilities that serve to produce highly sought after, employable & world-class graduates who will go on to become the leaders of tomorrow.”

He said that SLTC was the first University to spend over 25% of revenue on research and the only Institution to have a dedicated faculty to engage in research only and facility to liaise with affiliated foreign Universities i.e., Centre for Global Education (CGE).

Meanwhile, Minister of Youth and Sports Min. Namal Rajapaksa noted: “While free education should be protected at all costs, our system should accommodate more private sector players who can deliver to match the global standards in terms of higher education – a lot of the Universities abroad depend heavily on research; to produce competitive & competent graduates who are employable globally, we have to embrace this trend as well. I believe SLTC has so far done a tremendous job in that regard. SLTC is well poised to be not just the No 1 research University in Sri Lanka but also one of the top facilities regionally.”

One of the highlights of the evening was an act by the Sri Lankan indigenous (Veddah) community for which the introduction was provided by music composer, award-wining vocalist & faculty member of SLTC Mr. Nadeeka Guruge. The Awards Night which was carried out adhering to health & safety guidelines was a resounding success.

Sri Lanka Technological Campus is the first research-based, residential, university with strong industry links locally & internationally offering an extensive repertoire including more than 25 degree programs of Ministry of Education & approved degrees.



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Asia stocks slide as US and Iran threaten to escalate war

Published

on

By

Major stock markets in Asia slumped on Monday after Washington and Tehran threatened to escalate hostilities, as the Iran war enters its fourth week.

Japan’s benchmark Nikkei 225 index was almost 3.6% lower, while South Korea’s Kospi fell by almost 6%.

US President Donald Trump warned on Saturday that he would “obliterate” Iranian power plants if Iran did not open the key Strait of Hormuz shipping route. Iran said it would respond to any such strikes by targeting key infrastructure in the region, including energy facilities.

Japan and South Korea have been particularly impacted by the conflict, as they are heavily dependent on oil and gas that would normally pass through the strait.

Iran has effectively blocked the Strait of Hormuz, one of the world’s busiest shipping channels,  since the US and Israel attacked the country on 28 February.

About 20% of the world’s oil and liquefied natural gas (LNG) usually passes through the waterway – and the war has sent global fuel prices soaring.

On Monday, International Energy Agency chief Fatih Birol said that the war could see the world facing its worst energy crisis in decades.

Speaking at the National Press Club in Australia’s capital, Birol compared the current energy crisis to those of the 1970s and the impact of Russia’s 2022 invasion of Ukraine.

“This crisis as things stand is now two oil crises and one gas crash put all together,” he said.

Map of Strait of Hormuz

 

“If Iran doesn’t FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz, within 48 HOURS from this exact point in time, the United States of America will hit and obliterate their various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!,” Trump said in a social media post published at 23:44 GMT Saturday.

That threat came after Iranian missiles hit the Israeli city of Dimona, and shortly before a second attack on the town of Arad nearby.

Mohammad Bagher Ghalibaf, the speaker of the Iranian parliament, said on Sunday that energy and desalination infrastructure in the region would be “irreversibly destroyed” if his country’s power plants were attacked.

Such action would significantly escalate the conflict, which has already disrupted global energy supplies, pushing up prices and causing fuel shortages.

Other markets in the Asia-Pacific region were also lower on Monday.

Hong Kong’s Hang was down by almost 3.5% and the Shanghai Stock Exchange Composite index 2.5% lower.

Global oil prices were broadly steady, with Brent crude 0.45% higher at $112.69 (£84.56) a barrel and US-traded oil was up by 0.7% at $98.93.

[BBC]

Continue Reading

Business

Healthguard Distribution powers Sri Lanka’s ‘Port to Pharmacy’ medicine supply chain

Published

on

Healthguard Distribution has obtained both ISO 9001:2015 and Good Distribution Practices (GDP) certifications for all seven of its regional distribution centres across Sri Lanka.


Human resources remain the biggest challenge despite advanced logistics

Industry-wide cost pressures are also beginning to surface

In Sri Lanka’s pharmaceutical trade, the journey of a medicine does not end when it arrives at the port. It must still travel safely across the island – through regulated warehouses, temperature-controlled transport and complex distribution routes – before reaching the pharmacy shelf where patients need it.

That journey is increasingly being powered by Healthguard Distribution, the pharmaceutical logistics arm of Sunshine Holdings, whose expanding distribution network now plays a critical role in ensuring the reliable movement of medicines across the country.

At the centre of that network is the company’s Western Regional Distribution Centre (WRDC), a temperature-controlled logistics hub designed to support the safe storage and efficient distribution of pharmaceutical products across the Western Province.

Spanning nearly 18,920 square feet, the facility functions as a key node in the company’s islandwide distribution system. Originally acquired in 2008 to serve as the main warehouse for Swiss Biogenic Ltd., the site evolved alongside the company’s growing operations. Following a major upgrade programme that began in July 2024, the facility recommenced operations in July 2025 as a fully compliant regional distribution centre aligned with international quality standards.

According to Sunshine Pharmaceuticals and Healthguard Distribution Chief Executive Officer Shantha Bandara, the company’s logistics model is built around a simple but comprehensive concept.

“Our approach is ‘Port to Pharmacy’,” Bandara said during a recent media visit. “We collect pharmaceutical consignments from the Port of Colombo, clear them through Customs, store them under regulated conditions and then distribute them to pharmacies across the country. Importers and manufacturers do not have to worry about logistics – we manage the entire process.”

The distribution network today serves over 4,500 authorised pharmaceutical outlets, including pharmacies, hospitals, channeling centres, supermarkets and SPC Osusala outlets. Operations span 150 main towns and 466 sub towns, supported by 111 active delivery routes and seven regional distribution centres located across the island.

Within that system, the WRDC is the largest and among the most technologically advanced hubs.

The facility maintains strict cold-chain conditions for temperature-sensitive medicines. Its cold room capacity has been expanded from 15 cubic metres to 30 cubic metres, enabling compliant storage of products such as insulin within the required 2–8°C range. Online temperature monitoring systems operate across all storage zones while data loggers are used for insulin deliveries to ensure product integrity throughout the supply chain.

Delivery vehicles are also equipped with GPS tracking and temperature monitoring systems, allowing real-time visibility of shipments.

Automation and digital systems are increasingly shaping the operation. Software automation supports invoicing and customer credit verification, while sales teams use digital tools for order canvassing. The company’s enterprise systems provide real-time inventory and accounting visibility, supported by data dashboards used for operational decision-making.

To safeguard continuity, the facility is equipped with a high-capacity backup generator and dedicated on-site fuel storage, ensuring cold rooms, monitoring systems and warehouse operations remain functional even during power outages.

Behind the infrastructure is a workforce of 102 employees, supported by a specialised 15-member value-added services team trained in Good Distribution Practice (GDP), cold-chain management, safety and emergency response.

Yet despite the sophisticated logistics and infrastructure, Bandara told The Island that the most persistent operational challenge lies in human resources.

“We have the infrastructure, the logistics systems and the operational capability,” he noted. “However, maintaining the required number of skilled employees is an ongoing challenge because the labour market is constantly fluctuating. Our HR team is continuously recruiting and training to keep the workforce at the required level.”

Industry-wide cost pressures are also beginning to surface. Company officials noted that rising fuel prices could eventually affect transportation and electricity costs within the distribution chain, which may in turn influence pharmaceutical logistics expenses in the short term.

Still, the broader goal of the company remains unchanged – ensuring that medicines reach patients safely and on time.

From the moment a shipment arrives at the Port of Colombo to the point it reaches a pharmacy shelf, the process depends on precision logistics, regulatory compliance and operational discipline. For Sri Lanka’s healthcare supply chain, Healthguard Distribution’s growing network is becoming a key driver of that journey from port to pharmacy.

By Sanath Nanayakkare

Continue Reading

Business

From generation to generation: SINGER secures 20th consecutive People’s Brand title

Published

on

Singer team receiving the award at SLIM-KANTAR People’s Awards 2026. Pic by Kamal Bogoda and Nishendra Silva

Singer Sri Lanka, the nation’s foremost retailer of consumer durables, celebrates a truly historic milestone at the SLIM-KANTAR People’s Awards 2026, securing a prestigious triple victory while marking 20 consecutive years as the People’s Brand of the Year, an achievement made possible by the enduring trust and loyalty of Sri Lankan consumers.

This year, SINGER was honoured with yet another triple win with People’s Brand of the Year, Youth Brand of the Year and People’s Durables Brand of the Year at the awards ceremony. This remarkable recognition reflects the deep and lasting relationship the brand has built with Sri Lankans across generations, standing as a symbol of trust in homes across the island.

Janmesh Antony, Director – Marketing said: “This award belongs to our customers. Being recognised as People’s Brand for 20 years, alongside Youth and Durables Brand, reflects our commitment to staying relevant across generations.”

Mahesh Wijewardene, Group Managing Director said: “Twenty consecutive years as the People’s Brand is humbling and inspiring. This milestone strengthens our commitment to keeping customers at the heart of everything we do.”

Continue Reading

Trending