The Ceylon Chamber of Commerce launched its annual Outlook Report for 2021, at the Economy + Sector Review and Outlook 2021 webinar on 3rd of February.
The Outlook 2021 report published by the Economic Intelligence Unit (EIU) of the Ceylon Chamber of Commerce (CCC) explores the macroeconomic and sector outlook for the year ahead. The theme for the report is Driving Growth- Bridging Deficits. The sectors covered include Apparel, Tourism, FMCG, Consumer Durables, Construction, Agriculture, Plantations, Fisheries, Dairy, Pharmaceutical, IT/BPM, Electronics and Electrical Sectors and Logistics. The sector coverage is compiled after interviews with sector experts and analysis of sector data. The report provides a review of the performance of the global and local economy and the above mentioned sectors and perspectives on the outlook ahead.
Presenting the Outlook 2021, Chamber Chief Economist Shiran Fernando highlighted that Sri Lanka will stage a recovery in growth in 2021 driven key industrial sector, improvement in domestic consumption and resurgence in the service sector. The low interest rate environment would be a key feature in the first half of 2021. It was also identified that some of the macro trends will be a key driver in the sector performances as well.
Prior to the presentation and launch of the Outlook report, Ms. Aayushi Chaudhary Economist, India and Sri Lanka HSBC Securities and Capital Markets India presented on the global and regional economic performance. The two presenters then joined a panel discussion comprising Amal Cabraal who is presently Chairman and Non-Executive Director of multiple companies, Dr. Chandranath Amarasekara Director of Economic Research, Central Bank of Sri Lanka and Ms. Lakshini Fernando, Macro Economist and Co-Head- Research, Asia Securities. The panel discussion was moderated by Manjula de Silva CEO and Secretary General, CCC.
To purchase a copy of the report, click here to order online. You may also call 0115588883, or email email@example.com, firstname.lastname@example.org. It can also be purchased under the ‘publications’ tab on www.chamber.lk.
Dialog rewards winners of Govi Mithuru Nidanaya Competition
Winners of the first phase of the island-wide Govi Mithuru Nidanaya competition being presented with their prizes from Dialog Axiata PLC
As part of the well-established revolutionary agri-tech service ‘Govi Mithuru’, Dialog Axiata PLC (“Dialog”), Sri Lanka’s premier connectivity provider, generously rewarded subscribers of the Govi Mithuru service in the island wide ‘Govi Mithuru Nidanaya Competition’.
The year-long ‘Govi Mithuru Nidanaya Competition’ rewards urban and rural farming communities with grand prizes and aims at uplifting their economies and livelihood. The first phase saw a grand prize of gold coins gifted to 35 lucky winners along with admission to an agriculture training programme conducted by the Department of Agriculture, and 24 runners-up were awarded sewing machines. The on-going second phase will also see similar prizes worth 30 lakhs being disturbed to participants, including a grand prize of a Honda Dio Bike and admission to the Department of Agriculture’s training programme to 35 lucky winners. 60 runners-up will be rewarded with mobile phones. Both phase one and two will also award a consolation prize of Rs. 500 to the 10,000 draw entrants.
Sri Lanka’s primary mobile agricultural information service, Govi Mithuru has registered over 600,000 users and helps maximize crop security and yield for farmers across the island. Under the patronage of the Department of Agriculture, the Govi Mithuru voice service enabled farmers and users in the country to receive direct access to professional guidance in the sector. Offering advice on 25 crop groups, including Home Gardening, the service is accessible to anyone using a basic feature phone.
A one-stop hub of updated, timely information, the Govi Mithuru mobile app is an extension of the original service, designed to deliver tailored formats of information according to the user’s requirements. Customers are charged Rs. 1 (plus tax) per crop per day for the voice service, and Rs. 2 (plus tax) subscription per day for unlimited access to all crops for the mobile app, with no cost on data charges for Dialog Mobile users. The Govi Mithuru app can be downloaded directly via the Google Play Store and voice service can be accessed by dialling 616.
Odel.lk champions Soundarie David Rodrigo
Acclaimed Sri Lankan pianist and music director Soundarie David Rodrigo
In celebration of Women’s Day 2021, Sri Lanka’s largest online fashion retailer Odel.lk partners with widely-acclaimed Sri Lankan pianist and music director Soundarie David Rodrigo in the launch of her first main stream music video in both English and Sinhala languages – a first in the country.
This is the first of Odel.lk’s collaborations, as part of a powerful initiative named ‘Composed by Odel.lk’ that aims to bolster the careers of female artistes in Sri Lanka who are breaking boundaries and leading the way forward in the country’s music arena.
“We are deeply honoured to partner with Soundarie as she forays into the world of mainstream music, after years of being in the forefront of the Sri Lankan western classical music industry and having fostered much young talent herself. This is nothing but a promisingly positive beginning to the ‘Composed by Odel.lk’ initiative to empower female artistes in the country who are shaking up the status quo and pushing the boundaries of Sri Lankan music. While Odel.lk already offers everything possible to make women feel beautiful on the outside, we will continue to evolve and invest in this mission to empower our country’s female force from within by joining in their creative journeys. To be able to launch this platform on a day as significant as International Women’s Day 2021 is a cherry on top,” commented Softlogic Holdings PLC Group Marketing Director Desiree Karunaratne.
‘Complicated’ or ‘Mulawe Maya’ is Soundarie’s latest musical masterpiece, one that makes the history books as the first in the country to be released simultaneously in both English and Sinhala. With lyrics and melody penned by Soundarie in English and transcribed into Sinhala by Shehan Galahitiyawa, the two songs are brought to life with the fine voices of accomplished young, Sri Lankan musical talent Shehara Liyanage and Hirushi Jayasena. The breathtaking melody hums the complexities of human emotion, with a powerful lyrical body which beautifully narrates a woman torn between memories of the past and the reality of the present.
Acorn Group empowers women at work
Acorn Group which encompasses a multitude of leading international brands in the Aviation and Travel industry takes pride in the leading role played by its female employees across its businesses. There is no better occasion than International Women’s Day to highlight how women make an impactful contribution to the businesses of Acorn. Women make up close to 44% of the Group’s workforce and have been an integral part of the organization.
Malinga Arsakularatne, CEO of Acorn Group said: “The Acorn family is committed to providing equal opportunities at the workplace, across all businesses of the organization. The past year is a testimony to the immense contribution made by the women in the Group as we faced many challenges due to the ongoing global pandemic. We take pride in the accomplishments and achievements of our female colleagues, and applaud their significant contribution to the growth and success of the Group.”
“Creating a work environment which is conducive to women requires flexibility and workspace ethics which can be fine-tuned to cater to the demands of everyday life. We takes pride in being one of the few organizations that not only affords an extended period of maternity leave but has made provision for paternity leave to ensure inclusivity across the board.”
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