Business
Dreamron in LMD’s Most Respected Entities in Sri Lanka for 2021
Dreamron, the largest exporter of cosmetics in Sri Lanka with a significant local presence, made its entry into “Sri Lanka’s Most Respected Entities” by LMD (Lanka Monthly Digest) in its special edition which was released in August, 2021. This remarkable recognition in Dreamron’s 20 year old journey of continuous progress is an endorsement for Dreamron’s value creation for the country in an industry that is dominated by the multinationals.
In line with Dreamron’s vision of becoming the most admired & respected local cosmetics manufacturer and marketer by meeting or exceeding expectations of all stakeholders with specific focus on fulfilling the quality demands of the consumer through an array of world class products which are locally manufactured fully complying and conforming to both global and local quality standards. It is Dreamron’s desire to be an aspirational catalyst to surface the beauty that runs skin deep to reveal the true worth in the overall personality of the beauty conscious consumer through 03 key brands namely Dreamron, Evon and Aurica. The portfolio of businesses under the Dreamron group also include; contract manufacturing for other local and MNC cosmetic brands and Beauty College to elevate the professional standards of the industry in addition to exports to over 27 countries at present with more promising opportunities in the pipe-line.
Commenting on the recognition, Dreamron Group Managing Director/CEO Dr. Kishu Gomes said: “At a time when our nation needs more and more local companies to expand their footprint locally and more importantly in the export markets, this accolade while being so significant for Dreamron, also a huge inspiration to other local manufactures in making a greater contribution to the country’s economic growth. We are delighted to be within the elite list of large conglomerates, high profile blue-chip companies and other industry leaders across multiple industries. This recognition will encourage us further grow the business in a sustainable manner to elevate the quality of life of all Sri Lankans”
Dr. Priyanka Perera, Chairman, a veteran in the field of cosmetics with international experience and exposure single handedly drove the organization from strength to strength over the past 20 years and it’s on a revolutionary transformation to be a much stronger business to more aggressively take on the multiplying challenges for the betterment of all stakeholders of the business.
Dreamron recently appointed, an iconic and multitalented personality in multiple disciplines – of course the core being beauty, former Miss Sri Lanka for Miss Universe Stephanie Siriwardhana to strengthen Dreamron’s brand equity in a more relevant way under the tag-line ‘’ A World Class You” – a tag-line probably only she can personify as a Sri Lankan with global admiration.
“Sri Lanka’s Most Respected Entities” listing and ranking is based on an annual survey commissioned and conceptualized by Lanka Monthly Digest (LMD) and conducted by Nielson, where a sample of 800 corporate respondents (managerial level and above) from listed companies,evaluate the perception of the organization based on 12 different attributes such as Vision, Quality Consciousness, Sustainability & CSR, Management Profile, Financial Performance, National Perspective, Honesty, Dynamism, Innovation, HR and People Management, Crisis Management and Corporate Culture.
Business
Cabinet approves submission of the Annual Economic Analysis of the Central Bank of Sri Lanka for the year 2024 to the Parliament
The Cabinet of Ministers has approved the proposal forwarded by the President in his office as the Minister of Finance, Planning and Economic Development to submit the Report on the Annual Economic Analysis of the Central Bank of Sri Lanka for the year 2024 to the Parliament.
As per section 80 (3) of the Central Bank of Sri Lanka Act No. 16 of 2023, the Minister in – charge of the subject of Finance shall submit a report on the economic situation which prevailed within the particular financial year, within four months after completion of each financial year. Accordingly, the report in relation to the financial review of the Central Bank of Sri Lanka for the year 2024 has been submitted to the President. The report has envisaged macro economic trends of Sri Lanka, situation of the financial system, as well as the major developments and a review of the policies of Central Bank of Sri Lanka.
[DGI]
Gigalingua Lanka, a premier German language institute, officially launched in Colombo with a ribbon-cutting ceremony attended by distinguished guests, including Dr. Felix Neumann, German ambassador to Sri Lanka. This marks a significant milestone for Sri Lankan professionals, especially nurses, looking to expand their careers in Germany’s thriving healthcare sector.
In collaboration with its strategic partner Global Care Solutions (Pvt) Ltd – a renowned company in the foreign recruitment industry – Gigalingua Lanka offers a unique pathway for Sri Lankan nurses and apprentices to master the German language and pursue rewarding career opportunities in Germany.
Dr. Felix Neumann, the Chief Guest at the event, expressed his support for the initiative, emphasizing the importance of language education as a bridge to global career prospects. In his speech, Dr. Neumann noted, “German language is not only a means of communication, it is a gateway to global career opportunities.” He commended Gigalingua Lanka for providing valuable opportunities for Sri Lankans and addressing the critical demand for skilled workers, especially in the nursing sector in Germany.
Gigalingua Lanka is the first private institute in Sri Lanka to offer comprehensive German language training up to the B2 level, and conduct TELC exam. The institution also provides language training for apprentices, allowing them to undertake the Apprenticeship Program and contribute to the growing labor market in Germany. The collaboration between Gigalingua Lanka and Global Care Solutions is designed to meet Germany’s growing need for skilled workers, particularly in the healthcare sector.
The event was attended by a number of prominent figures, including Dr. Felix Neumann , Arthur Senanayake (chairman of IWS Holdings), Eran Wickramaratne – former MP, Chandra Schaffter – ( Founder of Janashakthi Insurance ), Dhammika Attygalle (Director Upali Group of Companies and President Automobile Association of Ceylon) Former Wing Commander Buwaneka Abeysuriya (Ex- chairman Janatha Estates Development Board).
Chairman of Global Care Solutions, Thomas Michael Kriwat, who is also chairman of the Mercmarine Group of Companies in Germany, highlighted the significance of the new training center. He said, “We are bringing world-class German occupational language training to Colombo, offering a structured, career-focused pathway for Sri Lankan professionals. By introducing TELC (The European Language Certificates) as an officially certified German language test authority, we are increasing accessibility for students seeking internationally recognized qualifications.”
At the thanksgiving speech, Dr. Rajan Sara, Managing Director of Global Care Solutions and Director of Gigalingua Lanka, outlined the critical need for foreign nurses in Germany. “Germany is facing a significant shortage of nurses, estimated to need an additional 150,000 by 2025. This is exacerbated by an aging population and increasing healthcare demands. Over 47,000 vacancies in the healthcare sector remain unfilled, making it an ideal time for Sri Lankan nurses to seize this opportunity,” Dr. Sara explained. (Gigalingua Lanka)
In keeping with its vision to consistently evolve and address accelerated business growth needs, Brown & Company PLC recently unveiled its new state-of-the-art manufacturing and warehouse facility in Katunayake. Strategically located within minutes of the Bandaranaike International Airport and the nation’s rapidly evolving highway network, the space is positioned to significantly enhance Browns’ logistical capabilities. The hub will enable seamless access to key markets across the island, further solidifying the Company’s principal role in a cross-section of industries.
The inaugural event of the Browns Group Industrial Park was attended by Ishara Nanayakkara, Chairman, Brown & Company PLC and Deputy Chairman, LOLC Holdings PLC and Kapila Jayawardene, Group Managing Director/CEO, LOLC Holdings PLC along with key officials from the Browns and LOLC Group.
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