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Nadiya and Gerald team up

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Chagall has now teamed up with Nadiya Fernando who will handle all her clients as well as Chagall’s from Chagall’s plush new salon at Parkland.

“We are so excited about our partnership”, said both Gerald and Nadiya. “This really is a match made in heaven and we know it’s something that will benefit our clients as well as ourselves”!

Nadiya who has her own brand, You by the Wax Museum, has been making a name for herself as someone who uses the latest make up techniques, the best of make up brands and believes that ‘less is more’. Her clientele range from the young to the not so young, “basically anyone who wants to look good, but not overdone”, says Nadiya. “I want Sri Lankans to realize that more is not necessarily the best way to go and you can look good without an overload of make up. Skin needs to breathe and make up should be used to enhance, but naturally and tastefully, without making it’s use obvious”.

Gerald who has established Chagall as Sri Lanka’s most elite and fashionable salon, was the obvious choice for Nadiya who wanted to partner only with the best!

Nadiya will be doing her entire range of services at Chagall and clients can be assured that only the very best brands and the latest techniques will be used by her.

“Inclusivity in the beauty industry is a relatively modern trend. While brands like MAC and Bobbi Brown have offered a wide range of foundation shades since the mid-2010s, Rihanna’s Fenty make-up line was the first to make that inclusivity a focal selling point of their brand in 2017, inspiring other make-up giants to expand their foundation ranges to upwards of 40 shades”.

Nadiya is known for her expertise with skin. Her Instagram features clients with flawless, glossy, I-can’t-believe-it’s-not-a-filter skin, and the eventual result is something she believes happens from the inside out. “Good food, nutrients, exercise, it’s the whole package. And I want to promote that.”

As for Gerald, well he’s a ‘living legend’ to quote his clients. Having established himself and Chagall as the hairdresser / stylist and salon of the elite, Gerald’s doors are open to anyone who wants to look good and different to those around them. “ Our doors are open to everyone who wants to look good, who wants to make a statement and who dares to be different” said Gerald .



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Business

Rupee devaluation, high shipping rates hurt tea prices at Colombo auctions

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by Steve A. Morrell

The Sri Lankan rupee weakening against the US dollar coupled with surging shipping rates reflected adversely on tea prices at the Colombo auctions.

This contributed to regressive price trends in Colombo, Forbes & Walker (F&W) said in its weekly Tea Market report.

The average for April 2021 was Rs. 627. 41 in comparison to Rs. 689.18 the corresponding month in 2020, indicating a minus variant Rs. 61. 77.

Brokering sources collectively said such price trends could result in negative market conditions seriously affecting profits at producer levels.

The depreciation of currencies in importer countries also contributed to depleting prices in Colombo apart from other allied trading disruptions, they said.

Commenting on the National auction average for April 2021, JKH Tea Brokers warned that the declining trend caused by the fall of the rupee against the dollar would trigger further minuses that could be foreseen at future auctions as well.

They said all elevations showed minus variances with low growns recording a higher minus variance of Rs. 93.43 per kilo.

Nevertheless, commenting on positive results for flowery grades at last week’s auctions, they said these grades fetched prices ranging from Rs. 2,300 to Rs. 3,000. per kilo. Quantities, although relatively small, impacted on the overall prices for the week.

The better known garden marks in the Uva High catalogue showed quality trends setting in with prices of Rs. 800 or more. Some Nuwara Eliya garden marks as well were in the Rs. 950 range of the price table.

Comparing production in most tea producing countries, China, India and Kenya were among the first three in production position in the world. Sri Lanka, producing 278.7 million kilos, was fourth in line.

Tip world producers include Indonesia, Bangladesh, Vietnam, Malawi, Uganda, and Tanzania, apart from Argentina supplying Tea to the US market.

Sri Lanka also exports to the US market but in irregular quantities.

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Mobiglotech Blockchain Corp seeks investment for EXIP Project

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To become a billion dollar company by 2025

The EXIP project, Mobiglotech Blockchain Corp’s flagship initiative in partnership with Dev Ceylon Holdings and Niftron, is looking for a US$ one million investment to become a billion dollar company by 2025.

The EXIP project, themed as ‘By Community for Community’, is expected to create independence on the internet and ensure it remains neutral of any political affiliations.

‘’EXIP ecosystem is custom built to the needs of any individual, private or government institution where they can have the ownership of their domain or TLD other than rent it from present service providers. In future, depending on the way the world is moving with blockchains and decentralizations, all aspects of the project will be decentralized and the community will control it without any monopoly”, says Shashi Meghawarna, the founder and CEO of Mobiglotech, the world’s first decentralized domain and TLD name service.

“We will build this project in such a way that all users have equal rights to access and anyone will be able to create domains and top-level domains whose ownership will be identified through Non fungible tokens’’, he added.

The internet transformed the way we carry out transactions, communicate, share information, promote business, entertain, study and so forth. Nevertheless, the internet was never properly designed for such a global role, he noted.

On the other hand, some organizations have the power to seize, revoke, dismiss, and permanently erase any domain from existence. Once the EXIP project is completed, the community would be able to decide all the major actions in the system based on their voting such as removing or banning a domain or a user, he further said.

EXIP is specially designed to decentralize the internet and overcome the monopolistic control over domains and TLDs. While providing the connectivity of an internet, it assures full security similar to an intranet.

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Contactless payments from Sri Lanka Insurance

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Sri Lanka Insurance the national insurer has facilitated an array of payment channels at this hour of need honouring customer needs while ensuring their safety and wellbeing.

Sri Lanka Insurance customers can enjoy uninterrupted service through an array of online service platforms without having physical contact during the current pandemic situation

SLIC policy holders can renew their insurance policies and make premium payments via Sri Lanka Insurance Customer Portal www.srilankainsurance.net and SLIC mobile App is available to download on Apple App Store and Google Playstore to fulfill various insurance needs.

Keeping in line mobile payment facilities including Genie, FriMi, mCash and eZ cash are available and further direct bank payments facilities are also available through Sampath Bank (Life – 092960000104 / General – 002960001543 ) , Commercial Bank (Life – 1484444444/ General- 1480020022), People’s Bank ( Life -014100120112337/General – 014100160112335), Bank of Ceylon ( Life -0000164657/General-0000000464), Hatton National Bank (Life -003010313831/General 003010011166 ),National Savings Bank (Life -100011141139) Nations Trust Bank ( Life -011106000275 ), Seylan Bank ( General -086433464695001) for the premium payments.

Established in 1962, Sri Lanka Insurance Corporation is the largest government-owned insurance company in Sri Lanka, with a managed asset base of over Rs.212 billion and a Life fund of Rs. 117 billion, the largest in the local insurance industry. The company is also the first and only local insurer to secure Fitch Ratings AA (lka) rating for its long-term financial stability and sustainability and also Sri Lanka Insurance ranked as the ‘Most Valuable General Insurance Brand’, and ‘Most Loved Insurance Brand’ and the 3rd Most Loved Consumer Brand in the country by Brand Finance. The national insurer is on a mission of being a customer focused company which constantly innovates in providing insurance services to customers and is now serves customers through an extensive network of 158 branches.

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