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CIMA concludes ‘Hundred & 10%’ – first ever ‘Virtual Career Festival’ on a high

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‘Hundred & 10%’, the first ever ‘Virtual Career Festival’ organized by CIMA, the world’s leading and largest professional management accountancy body, concluded with high praise for presenting a program filled with timely informative sessions, closely fought competitions and real world winners. The festival, held from the 13th to the 19th September 2020, featured global and local industry leaders speaking on a diverse array of business topics, an elevator pitch competition and a hackathon.

The weeklong event attracted over thousand registrations for seventeen sessions built around Technical, Leadership, People, Business, and Digital Skills, the five skills covered in the CGMA Competency Framework. Over 45 speakers from Sri Lanka and overseas came together to discuss, debate and deliberate on a diverse array of topics important for employability over seven days.

Day One of the event focused on technical skills with sessions on pushing oneself above and beyond, and the importance of the ‘Power of Numbers’ was presented to the participants. Day Two was all about people skills, with a forum discussion on ‘Swimming with the Big Fish’ and a focused workshop on ‘Creating a Winning Impression’ leading the agenda. The day also saw the much hyped ‘Hackathon’ event take place, with over 50 teams applying for the 24-hour event with cash prizes on the offer, followed with the winning team members also being offered employment from a leading conglomerate.

Zahara Ansary, ACMA, CGMA, Country Manager for CIMA Sri Lanka was ecstatic with the response to the Virtual Career Festival. “When we conceptualized ‘Hundred & 10%’, we were focused on building the relevant skills that will help youth and assure their employability in the post-COVID 19 world. Our aim to inspire the next generation of Sri Lankan professionals has been fully met with the first-ever Virtual Career Festival organised by CIMA, as evidenced by the enthusiastic participation of youth and professionals in the many forums of discussion, and competitions.” she said.

Leadership skills dominated the conversation on Day Three, with the timely topic ‘Breaking the Glass Ceiling’, starting the day off, with a stellar panel of female leaders followed by a lively discussion on ‘Succeeding Through Collaborations’. The more serious discussions on business skills covering topics such as ‘Guardians of the Money’ and ‘Starting Something Big’ were reserved for Day Four, while the closely contested Elevator Pitch competition with over 25 applicants fighting for 4 spots in the final, and a coveted cash prize for the ultimate winner was the highlight of Day Five, which also hosted the discussion ‘Becoming Entrepreneurial’.

“I am encouraged that the youth of tomorrow are gearing up to go above and beyond in their careers. Every industry leader who participated in ‘Hundred & 10%’, both local and global, gave of their knowledge and experience freely, making the event a truly enriching learning experience”, Zahara Ansary continued, on achieving the objective of the Virtual Career Festival.

The last two days of the event dived into interesting offerings. Day Six was all about diversity, with thematic presentations on ‘Creating Magic’ and ‘Employability in the New World’ capturing talent, diversity and inclusivity in the workspace whilst also showcasing the diversity of the CIMA members who ranged from marketing giants to entrepreneurs. The last day of the festival reminded all participants of the newest and most versatile tool, digital skills. ‘Embracing Opportunities and Riding High’, and ‘Digital Innovation’ were first discussed on Day Seven, which ended on the aptly titled presentation ‘Tomorrow’s Skills’.

‘Hundred & 10%’ – first ever ‘Virtual Career Festival’ organized by CIMA explored the various skills necessary for employability in the future world and aimed to inspire the next generation of Sri Lankan professionals to go above and beyond in their careers. Those who wish to hear what the speakers at the ‘Virtual Career Festival’ discussed, can now access the archives of the event maintained by CIMA on their facebook page at



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Newly developed Sathosa Motors Service Complex to service all vehicle brands

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Sathosa Motors PLC and its new state-of-the-art vehicle service complex, is now serving not just Isuzu but also any brand of vehicle.

Pioneering automotive specialist, Sathosa Motors is the sole authorized agent for the world-renowned Isuzu brand, but the newly developed service complex will now undertake all kinds of services required for any brand of vehicle.

 The internationally trained specialists are ready to serve you at the Sathosa Motors Service Complex now on weekdays from 8.00 am to 5.00 pm and on Saturday from 8.00 am to 1.00 pm at No 25, Vauxhall Street, Colombo 02.

Sathosa Motors PLC guarantees its customers reliable and convenient service and will undertake vehicle inspections, periodic maintenance, body and under carriage washing, interior cleaning and beautification, engine tuning, error diagnosis, accident repairs, air condition repairs, and many more at a highly affordable rate.

In addition, genuine spare parts, as well as lubricants and industrial services are available at discounted prices at the Service Complex.

Sathosa Motors PLC aims to provide high quality services at all times and all services are carried out strictly under health guidelines due to the prevailing COVID-19 pandemic situation.

Sathosa Motors announces that it has decided to keep all branches of the Sathosa Motors service network open to continue to serve its customers.

 

(Sathosa Motors)

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CSE trading bullish despite rupee hitting historic low against dollar

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By Hiran H.Senewiratne 

CSE trading activities were bullish despite Sri Lanka’s rupee registering a historic slump against the US dollar   at 202/205 to the one month dollar in mid morning trade yesterday, after opening at around 200/203.The stock market moved up, though, anticipating March quarterly results to be exceptional. This is expected to be particularly true of the Hayleys Group and Expolanka. Accordingly, investors seem to be re-entering the market after January, stock market analysts said.

Further, approval of the US $ 500 million Chinese loan and the fact that the Port City Bill has been tabled in parliament have lifted investor sentiment in a significant direction of the stock market, market analysts said. Amid those developments, both indices moved upwards, especially the All Share Price Index went up by 1.22 percent. The All Share Price Index rose by 92.35 points and S and P SL20 went up by 19.21 points. Turnover stood at Rs. 4.72 billion with four crossings. 

Those crossings were reported in JKH, which crossed 922,000 shares to the tune of Rs. 137.8 million, its shares traded at Rs. 149.25, Commercial Bank 950,000 shares crossed for Rs. 82.7 million, its shares traded at Rs. 87, HNB 155,000 shares crossed for Rs. 26.5 million, its shares traded at Rs. 132 and Ceylon Cold Stores 33,500 shares crossed for Rs. 20.1 million, its shares fetching Rs. 600.

In the retail market, five companies that mainly contributed to the turnover were, Browns Investments Rs. 793.6 million (123.1 million shares traded), LOLC Rs. 463.4 million (1.32 million shares traded), Royal Ceramic Rs. 442 million (1.2 million shares traded), Hayleys Rs. 442 million (five million shares traded), Dipped Products Rs. 372.3 million (6.2 million shares traded). During the day 197.3 million share volumes changed hands in 30480 transactions. 

The market was quite bullish from the beginning and LOLC Group companies led the market. It is said that LOLC contributed 25.5 points to the All Share Price Index. Browns Investments 9.8 points and Vallibel One contributed 8 points to the All Share Price Price Index while Commercial Leasing contributed six points.    

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‘Embark on that long-awaited getaway with Emirates and enjoy special fares’

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Emirates is launching seasonal fares that enable aspiring globetrotters to plan exciting adventures around the world as well as for students preparing to travel overseas. With Emirates’ generous booking policies, customers have the option to lock in these special fares and extend ticket validity for up to three years, enjoying greater flexibility and confidence when planning travel during unprecedented times.

Travellers in Sri Lanka can look forward to flight deals on all routes in Emirates’ global network, with return fares starting at only Rs 68,700 in Economy Class or Rs 257,500 in Business Class. These special seasonal fares are available for bookings made from 13 to 26 April 2021, and are valid for travel between 16 April and 30 September 2021*.

Featured destinations and starting Economy Class fares include: US$ 342 (about Rs 68,700 at current exchange rates) to Dubai, US$ 654 (about Rs 131,300) to Milan, US$ 644 (about Rs 129,300) to Paris, US$ 1,117 (about Rs 224,200) to New York, US$ 1,303 (about Rs 261,500) to Toronto and US$ 966 (about Rs 193,900) to Nairobi.

Special Business Class fares start at US$ 1,283 (approximately Rs 257,500) to Dubai, from US$ 3,127 (about Rs 627,600) to Milan, US$ 2,860 (about Rs 574,000) to Paris, US$ 3,618 (about Rs 726,100) to New York, US$ 3,654 (about Rs 733,300) to Toronto and US$ 2,179 (about Rs 437,300) to Nairobi. All fares in Rupees are subject to the rate of exchange on the day of purchase.

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