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Microsoft launches Dynamics 365 Business Central in Sri Lanka

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With digital transformation more important than ever, organizations of all sizes in Sri Lanka are seeking cost-effective, streamlined systems that will make their transition seamless. To help them adapt and stay resilient in dynamic business environments, Microsoft introduced its platform Dynamics 365 Business Central to help Sri Lankan businesses modernize their processes, make smarter decisions, and accelerate growth.

At the virtual launch event, participants learnt how the platform boosts efficiency with automated tasks and workflows to gain a complete view of business with connected data, business analytics, and guidance delivered by Microsoft’s leading intelligent technologies.

“At Microsoft, our mission is to empower every person and every organization on the planet to achieve more,” said Sook Hoon Cheah, General Manager, Southeast Asia New Markets, Microsoft Asia Pacific. “Small and medium businesses (SMBs) make up a substantial component of Sri Lanka’s economy, accounting for over 75% of all businesses with over one million SMBs. They can be found in all areas of the economy and account for roughly 45 percent of overall employment in Sri Lanka. We are confident that Dynamics 365 Business Central will be able to support such businesses, to connect their financials, sales, service, and operations to streamline business processes and improve customer interactions.”

Dynamics 365 Business Central is a single, end-to-end solution for managing business processes, and part of Microsoft’s Dynamics 365 range of business applications. The platform integrates with other Microsoft cloud services including Office 365 and can be customized or extended for specific industry needs with PowerApps, Microsoft Flow and Power BI.

Microsoft officials Sandeep Basu (Product Marketing Lead – Dynamics 365, Asia Pacific region) and Afif Mohamed Ali (Dynamics 365 Lead, Southeast Asia New Markets Dynamics) shared the latest innovations and capabilities behind the all-new platform.

“We understand the challenge of growing a business, trying to guarantee success while balancing many aspects of its operations,” said Sandeep Basu, Product Marketing Lead – Dynamics 365, Microsoft Asia Pacific. “The success of Microsoft’s Dynamics 365 Business Central solution is due to its unique ability to offer the depth of integrated business applications required, as well as fully integrated analytics, productivity, and IoT solutions, at cloud efficiency and scale. Our platform is built on a set of trusted, proven technologies that have served more than 160,000 organizations of various sizes and millions of users worldwide.”

The final session of the event featured a panel discussion on the best practices and insights for the platform’s successful end-user technology adoption. The panel of speakers consisted of Conrad Dias (Director, LOLC Holdings & Director/CEO, LOLC Finance) and Enrico Lisk (Director – Digital Transformation, ZILLIONe). The panelists also shared how each of their companies were accelerating digital transformation, to ensure resiliency and business continuity to meet the constant changes in a dynamic business environment.

For more on information on Dynamics 365 Business Central, visit www.dynamics.microsoft.com/business-central.



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ESOFT Metro Campus holds Graduation Ceremony 2021

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Dr. Dayan Rajapakse – Chairman and Managing Director of the ESOFT Group (Right) presenting a certificate to a graduate

The Annual Graduation Ceremony of ESOFT Metro Campus was held at the Bandaranaike International Memorial Hall (BMICH) on the 23rd and 24th of November 2021. A total of 1,800 students graduated at this year’s event. Successful students received their Pearson BTEC Higher National Diplomas, Pearson Level 7 Qualifications, London Metropolitan University (UK) Degrees and MBA’s, Kingston University (UK) Degrees and MSc’s.

It was held across two days and split into 9 sessions, to be in full compliance with health guidelines. In addition to the conferring of degrees, batch tops were awarded gold medals and special awards were made to the top achievers of the programmes.

Keynote addresses were by an eminent group of academics and industry leaders including Mr. Conard Dias CEO, LOLC Finance PLC, Mr. Thushera Kawdawatta – CEO, Axiata Digital Labs, Dr. Dayan Rajapakse – Chairman and Managing Director of the ESOFT Group, Dr. Sampath Wahala – Chairman, Sri Lanka Accreditation Board, Mr. Tishan Subasinghe – Managing Director and joint Managing Partner Moore Stephens Consulting (Pvt) Ltd and Moore Stephens Aiyar, Prof. A.A.C Abeysinghe – M.Phil. PhD Programme Coordinator, Senior Lecturer Faculty of Management & Finance, University of Colombo.

Foreign delegates from the University Partners were present virtually and delivered their speeches and wishes for the graduates via video. The Virtusa careers team were also present on both days in order to provide career opportunities to the young and successful graduates. ESOFT prides itself in producing graduates who are work-ready and able to take on the challenges and opportunities presented by the new economy.

ESOFT has a rich history of 21 years and is the largest private sector higher education network in Sri Lanka, and offers a variety of programmes through an extensive island-wide network of over 40 branches and serves over 40,000 learners each year in a range of programmes from school leaver courses to postgraduate programmes.

ESOFT partnered with Kingston University London in 2012 to offer undergraduate and postgraduate qualifications in engineering and soon established a dedicated College of Engineering in Katubedda. In 2013, they partnered with London Metropolitan University to offer a range of programmes leading to undergraduate and postgraduate awards in Computing, Business, Hospitality, and Travel & Tourism. A range of MSc programmes in IT and an International Doctoral programme for IT, Science and Engineering research areas, has also been introduced via Kingston University.

The ESOFT Group has won local and international awards from Pearson (UK), BCS (UK), NBQSA, National Chamber of Commerce, Federation of Chambers of Commerce of Sri Lanka in recognition of their academic excellence and business performance. Their pinnacle accomplishment was to be recognized by the Sri Lankan Government as a Non-state Degree Awarding Institution in 2019.

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Coconut industry products raking in forex to the tune of $ 7000 yearly – State Minister

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By Steve A. Morrell

Earnings from exporting coconut products amounted to $ 7000 annually. Such exports include jaggery and treacle, which are key products relating to the coconut industry, State Minister of Coconut, Kithul and Palmyrah Cultivation Promotion Arundika Fernando said.

Although coconut, as part of the plantation industry, was not given due recognition, it was now a distinct contributor to forex earnings and was of significant importance to the economy of the country, Fernando said.

The State Minister added: “Development of the coconut plantations includes value addition promotion to its various products, which are now key to sustaining the coconut plantations.

“Such development included propagation of 600,000 nursery plants for distribution among smallholders and large-scale plantations to add further progress to the industry. As a result, the coconut industry is part of the mainstream economy.

“The coconut industry made a substantial financial contribution to the economy of the country. Value addition in all products was key to development. Coconut products, used extensively in allied local industries, were contributors to value addition. This is efficiently handled by the private sector.

“Collaboration with the Jaffna University was on-going to develop kitul and palmyrah.

“Soil testing and further inputs were envisaged for development.

“Export markets would include Europe, Canada and the US. This is particularly true of kitul treacle and jaggery. Value of these exports would reach approximately $ 2 million.”

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INSEE Cement’s 360-Degree Approach Eases Cement Shortage in Sri Lanka

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Operating at maximum production capacity with optimized distribution channels for a number of weeks, INSEE Cement has successfully helped to mitigate the cement shortage that was prevailing in the local market. INSEE Cement’s concentrated and immediate contingency measures across its entire operation at the onset of the shortage ensured an uninterrupted market supply of cement, while also logging a record-high 700,000 MT production output during the third quarter of 2021 for the company.

“As Sri Lanka’s leading cement manufacturer, INSEE Cement took on the responsibility to ensure the local construction industry’s post-COVID-19 revival remained on its trajectory,” stated Gustavo Navarro, Chief Executive Officer at INSEE Cement Sri Lanka. “We continued to fully support government regulations and industrial policies to first stabilize the market, and were able to deploy our island-wide distribution and dealership network to ensure an uninterrupted supply across the island. The loyalty and patience of our customers gave us that extra encouragement we needed to overcome the challenge.”

INSEE Cement operates at a 3.6MT maximum capacity, with a 1.5MT production at the Galle plant, a 1.3MT output from the Puttalam facility and a 0.8MT import capacity at the Colombo Cement Terminal. To mitigate the shortage the company introduced two more additional import vessels to its logistics operation to accelerate production and distribution cycles.

 

 

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