News
Ogilvy Redworks, stepping into a decade of excellence
Redworks, the specialized corporate communications arm of Phoenix Ogilvy Group completed a successful year in 2021 by gaining momentum in performance despite the challenging business environment.
Redworks is backed by one of the most diversified communications agencies in Sri Lanka, the Phoenix Ogilvy Group. Thereby, the company has gained the competitive advantage to leverage on the unique strengths and competencies of the creative and digital expertise of the Ogilvy Group.
Redworks moves into its 10th year of operations in 2022 and has positioned itself as a formidable player in the corporate communications arena by partnering with many leading corporate entities to shape the strategy, content, and visual expression of their Annual Reports to shareholders, investors, and other stakeholders.
Reflecting on this milestone Irvin Weerackody, Chairman of Phoenix Ogilvy Group highlighted, “Redworks has over the years demonstrated a steady growth trajectory. I am happy to witness the progressive strides made and the success achieved thus far in elevating the standards of corporate reporting in Sri Lanka.”
Partnering with leading listed corporate entities to produce epic Annual Reports, Redworks was recognized at the recently concluded 56th Annual Report Awards organized by the Institute of Chartered Accountants, Sri Lanka.
The award-winning reports that won Gold were Bank of Ceylon and Lanka IOC PLC. Meanwhile, Ceylinco Life Insurance, Abans PLC, E Channeling PLC and Hayleys Fentons, were recognized with Silver awards. The Bronze award winners were JAT Holdings PLC, Regnis Ceylon Lanka PLC, Lanka Industrial Estates Ltd and Resus Energy PLC.
Commenting further, Director – Business Development, Redworks, Ishani Jayasinghe stated: “We are delighted to partner with our clients who have been consistently recognised at the CA Annual Report Awards. Despite the challenging business externalities, it was encouraging to witness the commitment and dedication of our clients to raise the bar and enrich the standards of the Annual Reports.”
The pandemic forced many organisations to rethink the conventional paradigms of work and Redworks responded with agility by transitioning towards a virtual working environment. This proved to be a win-win arrangement for the clients and the agency. The Company conducted its business virtually over the last two years creating a positive and collaborative experience for clients whilst maintaining its unique and exemplary service standards. Moving forward a hybrid working model is envisaged in 2022, which will derive greater levels of flexibility and productivity.
Offering a wide spectrum of services in the sphere of corporate communications comprising of company profiles, coffee table books and investor presentations, Redworks offers consultancy and advisory services for companies who envisage to move towards the path of sustainability reporting, covering Environmental, Social and Governance (ESG) Sustainability.
The Colombo Stock Exchange (GL 12) has contributed LKR 25 million to the Rebuilding Sri Lanka Fund.
The cheque was handed over to the Secretary to the President Dr. Nandika Sanath Kumanayake by the Chairman of the Colombo Stock Exchange, Dimuthu Abeyesekera, the Chief Executive Officer Rajeeva Bandaranaike and Senior Vice Chairman Kusal Nissanka at the Presidential Secretariat.
News
Karu argues against scrapping MPs’ pension as many less fortunate members entered Parliament after ’56
Former Speaker of Parliament Karu Jayasuriya has written to President Anura Kumara Dissanayake expressing concerns over the proposed abolition of MPs’ pensions.The letter was sent in his capacity as Patron of the Former Parliamentarians’ Caucus.
In his letter, Jayasuriya noted that at the time of Sri Lanka’s independence, political participation was largely limited to an educated, affluent land-owning elite. However, he said a significant social transformation took place after 1956, enabling ordinary citizens to enter politics.
He warned that under current conditions, removing parliamentary pensions would effectively confine politics to the wealthy, business interests, individuals engaged in illicit income-generating activities, and well-funded political parties. Such a move, he said, would discourage honest social workers and individuals of modest means from entering public life.
Jayasuriya also pointed out that while a small number of former MPs, including himself, use their pensions for social and charitable purposes, the majority rely on the pension as a primary source of income.
He urged the President to give due consideration to the matter and take appropriate action, particularly as the government prepares to draft a new constitution.The Bill seeking to abolish pensions for Members of Parliament was presented to Parliament on 07 January by Minister of Justice and National Integration Dr. Harshana Nanayakkara.
Five suspects, including former Minister Johnston Fernando and his two sons, who were arrested by the Financial Crimes Investigation Division (FCID), were further remanded until 30 January by the Wattala Magistrate’s Court yesterday.
The former Minister’s , sons Johan Fernando and Jerome Kenneth Fernando, and two others, were arrested in connection with the alleged misuse of a Sathosa vehicle during Fernando’s tenure as Minister.
Investigations are currently underway into the alleged misuse of state property, including a lorry belonging to Lanka Sathosa, which reportedly caused a significant financial loss to the state.
In connection with the same incident, Indika Ratnamalala, who served as the Transport Manager of Sathosa during
Fernando’s tenure as Minister of Co-operatives and Internal Trade, was arrested on 04 January.
After being produced before the Wattala Magistrate’s Court, he was ordered to be remanded in custody until 09 January.The former Sathosa Transport Manager was remanded on charges of falsifying documents.
Indonesia landslide kills 7, dozens more missing
Ukraine condemns ‘brutal’ Russian strikes ahead of second day of peace talks
Sri Lanka bat first in second ODI
Colombo Stock Exchange (GL 12) donates LKR 25 million to the “Rebuilding Sri Lanka” Fund
Tanzid Hasan’s ton, Binura Fernando’s four-for power Rajshahi Warriors to BPL title
U – 19 World Cup: Bangladesh ease past USA
‘Dates have the highest sugar content to fight Coronavirus’
Sunday Island 27 December – Headlines
#SundayIsland 17th December – Headlines
Sunday Island – 28th March
Sunday Island Headlines – 21 March
Sunday Island – 21st February – Headlines
-
Editorial6 days agoIllusory rule of law
-
Features6 days agoDaydreams on a winter’s day
-
Features6 days agoSurprise move of both the Minister and myself from Agriculture to Education
-
Features5 days agoExtended mind thesis:A Buddhist perspective
-
Features6 days agoThe Story of Furniture in Sri Lanka
-
Opinion4 days agoAmerican rulers’ hatred for Venezuela and its leaders
-
Features6 days agoWriting a Sunday Column for the Island in the Sun
-
Business2 days agoCORALL Conservation Trust Fund – a historic first for SL