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Macksons Paint Industries bags Gold Award

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Macksons Paints Industries (Pvt) Ltd, manufacturer of the popular brand of paint and coatings- Multilac, bagged the Gold award at the recently held annual export awards organised by the National Chamber of Exporters (NCE).

The NCE Export Awards recognizes and rewards exemplary Sri Lankan exporters while maintaining high standards and professionalism. Upon which they have recognised Macksons Paints for their efforts to boost the nation’s economy with their rapid progression in terms of innovation. They have been accredited as an organisation that has, since their inception brought great pride to the nation.

Speaking on their outstanding achievement, Director and CEO, Macksons Holdings, Shimmer Milfer stated: “Proudly Sri Lankan, yet renowned globally for international quality products, Multilac has always been at the forefront of innovation. It is our passionate drive, sustainability and diversity among the workforce that has led us to achieving great heights.”

“Multilac’s product range, has been developed to meet the constantly changing customer dynamics while specialising in surface coatings and high-quality paints which has enabled us to take on global giants while emerging as a trail blazer” added Milfer.

The award-winning company has also over 7000 dealers island wide and is the only paint company in Sri Lanka that exports the products manufactured entirely from and in the country. “Our future goals are to expand exports while diversifying the business and taking our name and through it our country onto the global platform” noted Director and Chief Executive Officer, Macksons Paints Lanka (Pvt) Ltd, Mizha Mizver Ismail.

Since its inception, Multilac has been honoured several times in recognition of its excellent accomplishments. The company was awarded the Export Brand of the Year, the Best Sri Lankan Enterprise and the Presidential Export Award, standing at the pinnacle as the largest paint exporter in Sri Lanka. With exports products ranging from paints and coatings, water proofings to sanitizers to countries including: Indonesia, Australia, India, the Maldives, Myanmar, Seychelles, Bangladesh and the Middle East, Multilac products have put Sri Lanka on the map in the surface coating industry. The research and production team of Multilac works with leading chemical giants such as Germany’s BASF, Clariant and Beyer, Dow, BYK chemie and Ferro USA ,

Multilac is the first paint brand in Sri Lanka to have obtained the Green Label Certification and have also been certified as lead-safe, by the IPEN Institute of America. They are the only company in Sri Lanka and the third company in the world to be certified, as lead safe by a prestigious institution such as IPEN USA.

Further due to the strict and stringent quality criteria that are adhered to during production, the company has also received the Quality Management System (QMS), Sri Lanka Standards (SLS) and the ISO 9001:2008 certifications as well.

Likewise, with the promise of uncompromising quality control, in conformity with ISO 14001:2015 quality management systems, that support consistent improvement, the company has since its inception succeeded in building innovative products.

While Europe, Asia & India as a whole have been fighting for their shelf space of our country’s paint industry, Multilac is proud to have countered these competitions, facing global challenges by swimming against the tide and setting new records for the Sri Lankan industrialists with the strong belief that the nation can achieve anything we put our hearts into. The company is now a testimony to this. It is this, that has made Multilac rise to the pinnacle.

Given their tremendous efforts to identify and develop overseas markets for Sri Lankan products, Macksons Paint Industries has previously received the Gold Award for Exports in 2015 and for the year 2014 as well. With its wide-ranging dealer network and innovative products, Sri Lanka’s Heritage brand Multilac has been at the forefront of the paint and coatings industry for the past 40 years. Thereby, this year’s achievement goes on to show how the brand has come along way to reach the pinnacle.

Macksons Holdings Chief Executive Officer Shimmer Milfer together with Mackson Paints Lanka Director and Chief Executive Officer Mizha Mizver Ismail represented the company at NCE awards and accepted the Gold Award. Macksons Paints Lanka Chief Operating Officers Ismail Hussain ,Sajjaad Saliheen and Macksons Holdings Vice president Nilrukshi De silva were also present at the event.



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‘Revenue collecting PCs had only Rs. 40 billion for public service in 2021’

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Pasanda Yapa Abeywardena

By Sanath Nanayakkare

There wouldn’t be a better time for major political parties to discuss and arrive at a consensus for abolishing the revenue-collecting provincial council system which hasn’t done anything more than just distributing government-sponsored welfare goods to the people, Pasanda Yapa Abeywardena, chief organiser of Lankalokaya and former provincial councilor said at a press conference in Colombo on January 19.

Pasanda who enjoys familial relationships with political higher-ups in the country while being the current chairman of Sathosa said that the President of Sri Lanka can travel across the island by helicopter in just one and a half hours which is only the size of Virginia in the United States, but has so many layers of governance including executive presidency, parliament, provincial councils, district secretariats, local government institutions etc.

“It is a known fact that provincial councils are mere training centres for the offspring of senior politicians and there is a demand in the country for cost-effective small government. In such a context, all political parties should have a dialogue in the next six months to abolish provincial councils, and strengthen the local government bodies through district development councils administered by the central government. Such a mechanism would reduce administrative layers while expanding the effective understanding of policies made by the government. Then the decisions made by the cabinet of ministers will easily flow to the ground level and the implementation process will be more dynamic. The President also has expressed similar views in this regard, he said.

“In the year 2021, revenue of provincial councils amounted to Rs. 331 billion while total expenditure was Rs. 316 billion, out of which Rs. 279 billion was spent on the payroll without having to bear the costs of provincial councilors. All in all, the provincial councils had only about Rs. 40 billion to spend on public services,” he said.

“In fact, I know from experience that nothing meaningful could be achieved through provincial councils other than merely being an institution of the central government that distributes chairs, mammoties etc., given by the government where provincial councilors claim to be the benefactors.”

“Provincial councils came to its end of term in April 2019 and five years have lapsed since the defunct of the system. Nevertheless, there is no public outcry to restore the system. PC system has never contributed to making any laws of the country or has never initiated a good programme on its own. So, we urge the political parties to engage in a meaningful discussion in the next six months before the country goes to presidential and parliamentary elections.”

He pointed out that the abolition of the PC system would help reduce the tax burden on the people, and that decision has to be taken well before PC elections are held.

Pasanda added that neither the people in the North of Sri Lanka or the government of India are interested in provincial councils anymore though the system was introduced by then government as a means of power decentralisation in Sri Lanka.”

“India is keen to have an equitable solution to the ethnic issue in Sri Lanka. However, I have reliable information that India doesn’t see provincial councils in the North and East would be an enabler in that quest. So, the abolition of provincial councils won’t trigger any geopolitical tensions with India,” he said.

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HNB Assurance Group surpasses 20% growth mark for the third consecutive year

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HNB Assurance Group recorded yet another year of exceptional performance, marking the third consecutive year of achieving a growth rate exceeding 20% in terms of GWP (Gross Written Premium). The year 2023 witnessed the Group achieving remarkable financial milestones and an array of local and international awards, solidifying its position as a frontrunner in the insurance industry.

HNB Assurance Group recorded a substantial GWP of LKR 18.7 Bn, showcasing a remarkable growth of 20% compared to the previous year. Reflecting on this achievement, Ms. Rose Cooray, Chairperson of HNBA and HNBGI, expressed her delight, stating, “To me personally, the remarkable growth trajectory of the HNB Assurance Group stands as a testament to our commitment to delivering value to our stakeholders. Both teams at HNBA and HNBGI performed an outstanding job, leaving no stone unturned, meticulously analyzing every challenge, and capitalizing on every opportunity. This approach to business was imperative, particularly in the aftermath of COVID-19 and the subsequent economic and social upheaval, where we as a nation encountered numerous challenges in diverse forms. In addition to our consistent growth of GWP, over the past three years, we as a group have so much to celebrate. Our Group assets grew by LKR 10 Bn during the year, well exceeding a remarkable total of LKR 51.2 Bn. Further, investment income for the Group surged to LKR 7.2 Bn, representing an outstanding growth of 49% from LKR 4.8 Bn in the preceding year. In terms of the Group’s profits, we recorded a commendable LKR 1.76 Bn in PAT.”

Honoring claims plays a vital role in maintaining the trust for any insurance company, “I am proud to note that the HNB Assurance Group honored claims of LKR 6.6 Bn, showcasing a growth of 19% compared to the previous year, aptly demonstrating our position as a reliable partner during our policyholder’s time of need.” explained Ms. Cooray.

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Sri Lanka College of Endocrinologists partners with Morison to address the rising challenge of diabetes

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The team members from the Sri Lanka College of Endocrinologists and Morison Ltd, present at the MoU signing

The Sri Lanka College of Endocrinologists (SLCE), the leading authority at the forefront of diabetes management and education in Sri Lanka, has announced a collaborative partnership with Morison Ltd, a pioneer in the Sri Lankan pharmaceutical manufacturing industry, to launch a certificate training program for primary healthcare professionals on diabetes management.

Sri Lanka faces a growing epidemic in diabetes, with an estimated prevalence of one in five Sri Lankans living with diabetes. Primary healthcare doctors are often the first point of contact for patients with diabetes, hence equipping them with specialized knowledge and skills is crucial for early diagnosis, effective management, and preventing complications. The Memorandum of Understanding (MoU) signed between SLCE and Morison on 13th February 2024, reflects a shared commitment to bridge this gap in diabetes expertise and establish primary care as the first line of defence.

The course content developed and delivered by the SLCE, features an evidence-based curriculum, combining theoretical knowledge with practical applications, ensuring participants receive up-to-date knowledge that adheres to the latest Clinical Practice Guidelines and international standards. The program aims to empower primary healthcare professionals to deliver comprehensive diabetes care in their daily practice, including therapeutics, lifestyle counselling, and complication prevention, ultimately leading to improved patient outcomes and reduced burden on the healthcare system. The course, spanning four months, is now open for registrations for the first intake, and the collaboration aims to conduct two such programs per annum.

Dedicated to advancing endocrinology and diabetes care in Sri Lanka, the SLCE spearheads numerous initiatives to educate healthcare professionals on best practices in diabetes management. Dr. Niranjala Meegoda Widanege, President of the Sri Lanka College of Endocrinologists stated, “Equipping our primary healthcare doctors with specialized diabetes knowledge and skills is essential to tackle the growing epidemic effectively. This training program marks a significant step forward in ensuring accessible and quality diabetes care for all Sri Lankans.”

Dinesh Athapaththu, Managing Director, Morison Ltd commenting on the partnership added, “We are pleased to collaborate with the SLCE to bring this meaningful initiative to life. With a patient-centric approach across our value chain, we believe our latest efforts with the SLCE reflects our commitment to deliver a refreshing difference at a time it is most needed by the nation.”

Staying true to their purpose of “Making Premium Healthcare Affordable”, Morison strives to play a major role in the fight against diabetes by bringing the latest therapies closer to the nation with an offering that stands distinctively different with the best of quality and price.

Morison is a truly Sri Lankan pharmaceutical manufacturing company, with a rich legacy of over 60 years of industrial expertise. Their new state-of-the-art manufacturing facility in Homagama, is the largest investment to date in the local pharma manufacturing industry. Being the country’s largest pharma manufacturing facility for general tablets and liquids, it is also the first such facility in Sri Lanka to comply to European Union Good Manufacturing Practices (EU GMP) specifications.

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