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Jatinder Biala re-elected FTZMA chairman

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New office bearers elected in 40th Annual General Meeting

Jatinder Biala , General Manager / Director of Isin Lanka (Pvt) Ltd was elected as the president of the Free Trade Zone Manufactures’ Association (FTZMA) at the 40th Annual General Meeting (AGM) held at Vivanta Colombo Air Port Garden in Seeduwa, on September 16.

The AGM also elected new office bearers for the period 2020/2021 and shared the presentation of its annual report and the audited accounts for the preceding year of the FTZMA were also shared with their members. The auditors for the ensuing year were also elected during the AGM.

The FTZMA was founded in 1981, three years after the first ever largest Free Trade Zone was commissioned in Katunayake. The organization is the main trade chamber of foreign direct investors that pioneered activities of the main Industrial Zone in Katunayake, plays a pivotal role in the national economy and is shaping it up while providing direct and in-direct employment plus means of living for hundreds of thousands people in the vicinity.

Over the years, FTZMA has been instrumental in resolving various challenges and issues with the relevant authorities in professional and expeditious manner. As such the reputation of the association has grown and it has become an entity which duly cares about the interest of entrepreneurs and investors. Since its inception, FTZMA has grown with its member enrollment is now representing over 75% of enterprises located in Katunayake Export Processing Zone. Further, association has developed sound relationship with Business Chambers both inside and outside Sri Lanka and also gets involved in establishing and making policy representations to relevant government authorities.

 

There have been several other free trade zones set up in the country while using Katunayake as a model and FTZMA is looking forward to spread its membership in those Free Trade Zones too. FTZMA is the sole trade chamber that represents over 280 enterprises in all 13 BOI zones and three more zones in Mirrijjawila (Pharma), Bingiriya and Eravur, addressing common issues in liaising with BOI and other state agencies. Moreover, FTZMA is also one of the main employer bodies representing the NLAC- National Labour Advisory Council since its inception

There are over 60 member enterprises under the wings of FTZMA which is having close links with the BOI, Ministry and all statutory bodies, building relationships and raising matters related to its members. The matters related to environment, labour, infrastructure, legal, customs, immigration, Ports & Air Ports and Logistics etc. are discussed and taken care of. The Association renders its services to the members and all BOI investors housed in and out of the zones island-wide towards developing their business operations and creating opportunities to foster and safeguard their interest at all times.

FTZMA is a founding organization of the apex body – Joint Apparel Associations Forum (JAAF) which is the umbrella body for apparel trade of the country and it aims to be the “One Stop Service Provider” for all the member enterprises and all BOI investors housed in all the zones and outsides island whilst representing them in all the forums. The Secretariat of FTZMA is run by Secretary General Vasantha Dias, established at unit18, Plaza Complex, Free Trade Zone, Katunayake.

 

 



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Hemas Consumer strengthens portfolio with L’Oréal partnership in Sri Lanka

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Hemas Consumer, the leading manufacturer and distributor in Sri Lanka’s beauty and personal care sector has strengthened its portfolio of offerings in a groundbreaking partnership with the world’s number one beauty company, L’Oréal. With this partnership Hemas Consumer obtains distributor rights to leverage its sales network and innovative marketing approaches in taking L’Oréal’s wide range of beauty and personal care brands across Sri Lanka.

Commenting on the new partnership, Sriyan de Silva Wijeyeratne, Managing Director, Hemas Consumer & Executive Director Hemas Group said, “We have spent over fifty years building successful and strong consumer brands in Sri Lanka. In keeping with our promise of consumer delight and trust, we are elated to partner a world-class cosmetics group like L’Oréal expanding our existing portfolio with the world’s most sought-after beauty and personal care products.

We are well equipped in our distribution process with island-wide sales channels to serve all parts of the country. I believe this partnership will revolutionize Sri Lanka’s beauty care industry and more prospects await as we continue to look ahead with L’Oréal.”

Sabrina Esufally, Director Business Development and Innovation at Hemas Consumer said, “This partnership will enable Sri Lankans to access the iconic brands and solutions created through years of research and innovation by L’Oréal. In the fast evolving and dynamic beauty industry, the combined strength of Hemas’s local heritage and penetration, and L’Oréal’s global technology and trust is the perfect recipe for consumer delight.”

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DFCC Bank supports industrial excellence by partnering CNCI Achiever Awards

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DFCC Bank PLC, stepped up once again for the 3rd consecutive year to partner with the Ceylon National Chamber of Industries (CNCI) as the principal sponsor and official banking partner of the CNCI Achiever Awards 2020.

The CNCI Achiever Awards was held for the 19th consecutive time to recognize the outstanding efforts of exceptional performers who have molded their respective industries with innovative solutions, while overcoming challenges and meeting the demands of their clientele. This year, the event was recently held under strict health guidelines at the Galadari Hotel in Colombo. 

Commenting on the sponsorship, Chief Executive Officer of DFCC Bank PLC Lakshman Silva stated, “We are pleased to have partnered with the Ceylon National Chamber of Industries (CNCI), as the Main Sponsor and Official Banking Partner of the 19th CNCI Achiever Awards 2020. DFCC is honored to partner in reconciling successful Sri Lankan businesses from various industrial sectors. Our partnership with this prestigious awards programme aligns seamlessly with our commitment to foster and reward industrial growth across the country and support local entrepreneurs in MSME & SME sectors.”

 

 

 

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Lanka SSL triumphs with National Gold and Top Ten Awards

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CNCI Achiever Awards 2020

Lanka Special Steel Limited (Lanka SSL), a trusted name in wires and a fully-owned subsidiary of E B Creasy & Company PLC, was recently awarded the coveted National Gold Award under the Extra Large category in the Manufacturing Sector at the Achiever Awards 2020 for Industrial Excellence.

The annual event organized by the Ceylon National Chamber of Industries (CNCI) was held in March 2021 at Colombo, and celebrated some of the leading industrialists in the country for their tremendous and continued efforts in uplifting and promoting quality standards, productivity, growth and strategy, R&D, employee welfare and others whilst contributing to both the society and economy at large.

‘We are immensely proud to have been recognized with two very prominent awards at this year’s CNCI Achiever Awards. It is a huge leap from just winning a Merit Award the last time around, and this incredible achievement certainly reflects our highly ambitious plans to strive for continued excellence. We would like to thank our valued customers and all stakeholders. We are grateful to our hardworking and committed staff at Lanka SSL who have made this possible,’ said Pravin De Silva, CEO of Lanka SSL.

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