Dr. Kithsiri Edirisinghe, the Co-Founder and CEO of the International Institute of Health Sciences (IIHS), Sri Lanka’s pioneering healthcare training provider and role model for the education industry, received international acclaim recently for driving excellence and visionary leadership in education.The award, an Honorary Degree of Doctor of Health Sciences presented by the Open University of Malaysia (OUM) pays tribute to Dr. Edirisinghe for his foresight in adding value to the healthcare and education profession. The prestigious award is also recognised by the Malaysian government.
IIHS was launched as a novel concept of moving Sri Lanka to export skilled labour, reducing dollar outflows and improving currency inflows. He stated when he began the institute, it had 0% recognition within the sector. Today, the prestigious company is regionally accepted, with growing global acclaim.
“I truly appreciate OUM for recognizing me,” Dr. Edirisinghe said. “Everyone milestone is important, each recognition and landmark is unique in nature. I continuously strive to make sure all achievements are done with quality.”
Throughout his career Dr. Edirisinghe’s milestones are countless. After completing his education at S. Thomas’ College, Mt Lavinia, he became a medical doctor by profession. Dr. Edirisinghe possesses a Bachelor of Medicine, Bachelor of Surgery (MBBS) from North Colombo Medical College, followed by a Master of Science and a Doctor of Medicine (MD) in Medical Administration from the University of Colombo. He has over 26 years of experience in the health industry and over 15 years of experience in the education industry. Dr. Edirisinghe possesses a Certificate IV in Training and Assessment and he is also a Certified Master Trainer, Australia.His journey in practicing medicine began as a doctor serving rural areas. With little access to scare resources, Dr. Edirisinghe made a difference. “I trained as a medical doctor, a surgeon, I enjoyed working with people. During my first appointment as a MBBS doctor at the Hospital in Mahawalathenna, Balangoda, I worked many shifts alone conducting minor surgeries – there were no nurses, no ambulance or even a telephone.” As a result of his clinical acumen, he was able to transform the infirmary from bare minimum to a thriving rural healthcare hospital.
Unwilling to rest on his laurels, Dr. Edirisinghe, he joined the Ragama Hospital as the Deputy Director, Administration. He progressed as a hospital planner and consultant and realized that he had more value to add to society. He ventured into the private sector and served at a leading hospital as Project Director, contributing through administrative and managerial roles.
He has rendered his services as a project consultant towards many hospitals and healthcare centers in Sri Lanka, including the Northern Central Hospital, Jaffna; Hemas Hospitals, Wattala and Galle, the Kotelawala Defence University Hospital, Special Baby Care Centre for De Zoysa Maternity Hospital, etc. He says, “I am very fortunate that everywhere I went I got a chance to practice what I learned.”
Using his wealth of experience, Dr. Edirisinghe also currently teaches at the Postgraduate Institute of Medicine imparting knowledge to undergraduate doctors and graduates in healthcare and management.Dr. Edirisinghe firmly believes that his greatest achievement is “Being able to create a model to include everyone in education.” In recognition as an international educator and entrepreneur, Dr. Edirisinghe was awarded the Asian Grid Entrepreneur 2009 award.
Of IIHS’s success, Dr. Edirisinghe said, “when I began IIHS, only the Open University and IIHS were offering healthcare degrees. Now there are 17 players’ and we are very happy with the growth of the industry. Previously, in the private sector, no one wanted to be a nurse. We commenced IIHS with over 20 students. Today we have grown to 3000 students. Society recognises that IIHS is affordable for students and some courses are even offered at 1/15 of the total cost when compared to overseas fees. Our vision remains of transforming people to benefit the community and the landscape, mainly through innovation.” Importantly, Dr. Edirisinghe is now living his dream by establishing a global education hub in South Asia named ‘IIHS Multiversity’ for South East Asian students and healthcare professionals.
‘Expolanka Holdings steadfast in posting stabilized Q3 results’
Expolanka Holdings PLC recorded a steady 9-month performance as at December 31, 2022 amid declines in the overall global markets. Reflecting the underlying strength of its business and success in pursuing a consolidated strategy, the combined 9-month performance delivered a strong endorsement in overcoming challenges in the macro environment with Year-to-date Revenue of Rs. 491Bn, Gross Profit Rs. 85.9Bn and Net Profit Rs. 32Bn. International business continued to generate above 95% in contribution, demonstrating the robust earning potential of the company, an Expolanka Holdings press release said.
The release adds: ‘However, declines in international trade moderated Q3 FY 2022 earnings, recording a Revenue of Rs. 94.2Bn, Gross Profit of Rs. 20.6Bn and a Profit after Tax of Rs. 3.0Bn.
‘Contributing to company earnings was the logistics sector which navigated the challenging macro-economic environment and adopted longer-term strategies concentrating on business fundamentals. For Q3, the sector posted a Revenue of Rs. 92Bn, Gross Profit of Rs. 19.9Bn and Profit after Tax of Rs. 2.7Bn delivering a YTD Profit after tax of Rs. 30.1Bn.
‘Impacting revenues were a reduction in operating volumes across Air Freight and Ocean Freight products due to the overall slowdown in global trade volumes on grounds of high inventory levels, inflationary fears and the global energy crisis. The Air Freight business encountered a relatively larger impact due to challenging market conditions resulting in weakening demand and reduced volumes.
‘Focusing on increased customer penetration, developing partner networks and enhanced competencies, the company was successful in gaining cumulative progress in the Ocean Freight product.
‘The North American trade lane continues to remain the critical business driver for Expolanka, while the European and Intra-Asia companies remained resilient.
‘Reinforcing growth and sustaining improved margins was also due to the company’s focus on strengthening customer relationships, attracting selective new customers and engaging in proactive procurement strategies.
‘Key EFL origins also delivered strong results, reflecting the success of the infrastructure investments made into these markets.
‘The Group’s stabilized 9-month performance was also aided by the continued resurgence in the leisure sector. In Q3 the sector delivered a Revenue of Rs. 725Mn, Gross profit of Rs. 578Mn and Profit after tax of Rs. 202Mn by strengthening its market position focusing on efficient procurement and operational excellence.’
‘Recording a revenue of Rs. 1.6Bn and a Profit after Tax of Rs. 41Mn, the Group’s investment sector remained steady making progress across its business portfolios.
‘Despite the global macro environment remaining uncertain and challenging in the future, Expolanka aims to forge ahead, unwavering in its approach to deliver on earmarked strategic initiatives building on its strong performance. The company stands persistent towards generating accelerated growth and innovation while remaining true to its core values by reaffirming its long-term commitment and challenging the status quo to seize opportunities in the market that would predominantly secure its position as a market leader.’
Sanasa Life Introduces “Pinsaru Vandana” – A Premium Insurance Policy for Buddhist Clergy
Helping to elevate and protect the Buddha Sasana, Sanasa Life Insurance has introduced a very special and tailored insurance policy for Buddhist Monks. The “Pinsaru Vandana” insurance policy provides a specialized insurance scheme addressing the special needs of Buddhist Monks. An auspicious inauguration ceremony was held, in the presence of several senior members of the Buddhist Clergy on the 17th of January 2023, at the Sri Sambudhdhatva Jayanthi Mandiraya in Colombo. A total of 300 Buddhist Monks were in attendance at the event, and gave their blessings for this special insurance scheme. A group of dignitaries, including Wishawa Prasadini, Dr. P. A. Kirivandeniya and Piriwena Director, Venerable Watinapaha Somarathana Thero, were also present and played key roles during the event.
“Pinsaru Vandana” is an insurance scheme that provides relief and protection for junior monks, in the event of the death, serious illness or incapacitation of their patron/senior monk. In such an unfortunate event, junior monks can often become destitute and or marginalized. Thus, “Pinsaru Vandana” will help to protect these young monks as they pursue their journey and mission of elevating and sustaining the Buddha Sasana.
Technocity hosts ‘Together We Win’ training programme in Thailand
The Technocity Pvt. Ltd., the leading Sri Lankan IT Distribution Company, recently held a three-day ‘Together We Win’ training programme at the Rembrandt Hotel in Bangkok, Thailand.
The event, in partnership with HP, invited The Technocity’s top 10 Partners for training in gratitude for the continuous support they have shown towards helping the company develop its business.
The event featured esteemed speakers, including Gehan Thangappan (Business Head, The Technocity), Manish Gawri (Hp Inc., Notebook), T Natarajan (Hp Inc., Print) and M. Kalim (Sales Manager, The Technocity).
The sessions covered various pertinent topics while the invitees viewed a series of product videos during the training to further understand the complexities of the products.
Addressing the invitees, Gehan Thangappan said, “We started small, as all new businesses do, but we’ve grown beyond our borders. This is all thanks to our valued partners and customers who have helped us achieve newer and higher ground. Grateful as we are, we also look forward to providing our diverse clientele with the best products and top-notch service as always.”
The Technocity also conducted a F2F discussion with the partners, briefing them on the way forward and announcing the channel incentive schemes in place targeting Ink Tank Printers. Prior to the conclusion of the event, the attending partners partook in a quiz segment and were treated to exciting giveaways.
“We are very happy with the success of this programme. The training had a very good impact, especially as it was held out of the country and it motivated partners. It was also significant for us as it was the first event we had held overseas after Covid,” Thangappan added.
The Technocity Pvt Ltd is one of the leading distributors in Sri Lanka for IT products and services. In the nearly three decades since its establishment, The Technocity has grown to become one of the most trusted names in the industry. The company is also the first local distributor for HP in Sri Lanka and boasts a portfolio of representation for notable brands like Asus, Lenovo, MSI, Logitech and Viewsonic.
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