Coca-Cola clocks 60 Years in Sri Lanka
USD 99 mn. Investment in last 20 years
Coca-Cola’s journey in Sri Lanka began 60 years ago in April 1961 when consumers tasted their first ice-cold sip of Coca-Cola from a 300-millilitre glass bottle, the company said in an anniversary statement.
“By establishing its footprint in Sri Lanka, Coca-Cola has invested in the future of its business, demonstrating long-term commitment, while adding economic value to the country. The Coca-Cola system has invested US$99 million in Sri Lanka over the past two decades and created thousands of jobs directly and indirectly.” it said.
Through this evolution, for 60 years, Coca-Cola has silently broken new ground with impactful environmental and social projects that deliver enduring value to the nation, refreshing communities by making a difference.
“Coca-Cola’s vision is to craft the brands such as Coca-Cola, Sprite, Fanta and Kinley to refresh people and create a more sustainable business and better shared future that makes a difference in people’s lives, communities and our planet. The company is continuously evolving to cater to consumers better and is now providing more convenient packages, innovating, and introducing new lower and no-sugar drinks,” it said.
To celebrate its 60th anniversary in Sri Lanka, Coca-Cola recently took the initiative to spread positivity with the ‘60 Days of Kindness’ radio campaign to reward people in need and celebrate those who have gone above and beyond to spread kindness and compassion.
Recording its 60th year in Sri Lanka for posterity, 12 local artists have been commissioned to design Coca-Cola bottles three feet tall. Each artist has been given a theme central to Coca-Cola and once complete, the pieces of art will be auctioned for charitable causes, the release said.
“Reflecting on its enriching journey, Coca-Cola can take pride in having built close community ties, achieving growth and expansion of its beverages portfolio, and embarking on impactful sustainability initiatives,” it said.
“In its ‘Give Back Life’ campaign, Coca-Cola is on a journey towards collecting and recycling the equivalent of every bottle it sells to achieve PET plastic neutrality in Sri Lanka, while through its water stewardship project of rehabilitating three ancient water reservoirs in Anuradhapura and Monaragala, the company has achieved 203% water positivity.”
“Today, as the country faces the ongoing challenge of COVID-19, Coca-Cola committed LKR 130 Mn towards the COVID-19 response in 2020 and has further pledged LKR 45 Mn in 2021 to support those on the frontlines. No matter the crises the nation has faced, Coca-Cola has always endeavoured to stand in solidarity with the people in Sri Lanka.,” the statement concluded.
Women led LPO services firm Velox Partners enters new office space in Colombo
Velox Partners, a tech-based legal process outsourcing (LPO) firm, expanded its presence into Colombo to augment its existing law firm. Velox commenced operations in January 2020 prior to the onset of the pandemic. Today, it has expanded its services across numerous verticals Commercial law, Litigation, Conveyancing and Company Secretarial Services, with Legal Process Outsourcing (LPO) Services being the core. It is geared as a fully-fledged legal service provider servicing clients across United Kingdom, Australia, Singapore and Southeast Asia.
Velox is female-led with over 90% being women comprising versatile and experienced lawyers. Their expertise bridges multiple disciplines of law with a local and global clientele. The two powerhouses leading the firm are its founding partners Lihini Fernando and Dakshika Perera whose collective experience spans over three decades.
Velox Partners saw Covid-19 restrictions and remote working as an opportunity to position the firm as a tech-based entity and launched its LPO arm. Providing back office legal services to law firms across continents was seen as a viable business model that is both functional and lucrative. Furthermore, the partners of Velox realized the potential of positioning Sri Lanka as a LPO Hub, where the LPO sector enables foreign remittance to the island nation to rebuild its economy. This also provided an opportunity particularly as LPO services can be offered remotely, without a physical office presence.
Velox has serviced clients in over 14 jurisdictions worldwide providing solutions on the ethos, ‘Beyond Legal’. Velox believes in combining business efficiency and tech enabled processes to differentiate itself from the conventional law firms.
Lawyers at Velox are solution providers guided by industry expertise. The team comprises professionals based in Australia, the United States of America, Singapore, and Sri Lanka which enables them to draw cross country perspectives in providing services. Velox is now poised to use their multiple years of experience across continents to provide smart legal solutions.
Estonian TV crew gets a taste of Sri Lanka for the first time
Sri Lanka Tourism, under its Scandinavian market promotions hosted a Media FAM with 4 Media personnel from Kanal2 TV from Estonia. The tour started off on February 28 and ended on March 8. The purpose of hosting this tour was to receive more high-end tourist arrivals from Estonia, as well as the other Scandinavian markets including Lithuania and Latvia.
Subsequently, this tour was hosted in collaboration with the Sri Lanka embassy in Sweden which contributed to make this tour a success. The FAM Tour covered all the main tourist attractions in Sri Lanka, including wild life, Ayurveda, Boutique hotels, and also cultural attractions.
All these attractions were filmed and the destination will be promoted on air via Kanal2 TV, through the TV show ‘’ Kaugele Siit’’ (far from here). The first episode of this programme is scheduled to be telecast for 45 minutes. This travel programme has 420,000 followers as their audience. Kanal2 TV was also the official Media partner for the Winter Olympics 2018, a Sri Lanka Tourism press release said.
The release adds: ‘The visitors were quite impressed with the 8-day tour which they had, enjoying every moment of their tour. They were equally mesmerized with the warm hospitality which they received from the Sri Lankans, which they are mostly renowned for. They enjoyed the traditional Sri Lankan cuisine, and the variety of dishes which they tasted. Nevertheless, they had the opportunity of exploring every attraction of the paradise island to convey the message to their fellow Estonians, that Sri Lanka is a unique travel destination which has everything in store for the enthusiastic traveler.
‘They also had a cooking demonstration by courtesy of Siddhalepa Ayurveda Resorts & Spas Wadduwa, and also a Yoga treat at the same venue. Visiting the Turtle Hatchery at Kosgoda , the Elephant orphanage at Pinnawala, going through a safari at Eco park was also another amazing experience which they had during their stay.’
The Academy of International Business signs Memorandum of Understanding with the University of the Pacific
Academy of International Business Sri Lanka (AIB) held its second graduation at the Bandaranaike Memorial International Conference Hall with over fifty graduates successfully passing out. At the recent graduation, the business academy signed its MOU with the University of the Pacific.
The signing of the MOU is a major milestone for the business academy. The courses offered are DBA, MBA, and BBA top-up programs through AIB. Prof Liam, Rector – of the University of Pacific, expressed confidence that the program delivered by AIB will be very beneficial.
The event was graced by passed graduates, teachers, and lecturers, the ceremony was hosted by the chief guest and the regional director of ABE(UK) Dr Praveen Mahendran. “The ABE(UK) is one of the long-standing professional awarding bodies from the UK and AIB is proud to be associated with ABE and approved by the awarding body.
Hard work, competency and capability are the values that produce results, through the AIB and its programs these are achievable. Every student is encouraged to show their full potential”.
The distinguished guests were the Vice President of the BNI Pioneer Chapter, Dilan Fonseka. He emphasized, the importance of students gaining experience in entrepreneurial skills and business development by enrolling at BNI. AIB is a member of BNI, which creates multiple opportunities.
About the Academy of International Business: AIB is recognized for its management programs, digital marketing, marketing, and English language programs such as IELTS, and PTE. It’s widely popular among students in search of pursuing business and management courses.The Director of AIB Sri Lanka, Chrishankar Janathanan, expressed the institute’s commitment to providing the best quality education. It’s not only a center that is simply cornered to the education sector but also has focused its efforts on recruitment services and digital agency services.
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