Affirming its indelible reputation as the country’s pioneering private healthcare provider, Nawaloka Hospitals roars ahead on LMD’s Most Respected Entities Listing. Nawaloka Hospitals Chairman Dr. Jayantha Dharmadasa was thus honoured as one among LMD’s Most Respected Businesspeople in recognition of his steadfast leadership, powerful vision and immense contribution to expanding the boundaries of Sri Lanka’s private healthcare sector.
Nawaloka Hospitals also claimed victory as the top entity in the healthcare sector and was listed among the Top 20 Companies inducted into LMD’s Hall of Fame. The hospital was elected as the sector winner in terms of corporate culture, CSR and Sustainability, crisis management, honesty, dynamism and quality consciousness. Further, Chairman Dr. Jayantha Dharmadasa and Deputy Chairman Harshith Dharmadasa were recognised on LMD’s illustrious Hall of Fame listing for Chairman and Chief Executives.
This victory is in recognition of the remarkable progress achieved by Nawaloka Hospitals in delivering excellence in clinical outcomes, operational efficiency, patient experience and financial health during the challenging past year. The healthcare giant also prides itself in implementing a strong, sustainable business model that has enabled it to offer diversified operational specialities through high-end, value-added medical services, a model that recently had its financial rating of BBB- with a stable outlook reaffirmed by ICRA Lanka.
“We are deeply humbled to receive such honour among our corporate peers at this particularly challenging period in Sri Lanka. Nawaloka Hospital’s has always strived hard to bring quality, compassionate care to communities, expand healthcare access, promote health equity by bringing care to those most in need, and improve the health of all we serve. Our mission has been especially critical during the COVID-19′ pandemic, which was a catalyst for reinvention, and we believe we are currently positioned to emerge stronger and smarter out of this crisis. I am especially grateful for the unwavering and selfless dedication of our doctors, consultants, staff and all our frontline caregivers for their remarkable and life-changing service.
“I want to stress that a hospital cannot earn acceptance overnight. It is gained from the cultivation of trust and respect over a long period of time. This highly coveted national recognition on LMD’s Most Respected Entities Listing is therefore a clear testament to our place among the people and the high level of corporate respect we have garnered thus far,” remarked Nawaloka Hospitals Deputy Chairman Harshith Dharmadasa.
Commencing operations in 1985 as the first private sector hospital in Sri Lanka, the Nawaloka group has over the years established a strong brand name in the Sri Lankan healthcare industry. The premier multi-specialty hospital was designed to replicate the advanced medical technology and care offered by leading healthcare facilities around the world, and ensure that these services are available to all Sri Lankans. Set to become a centre of excellence in high-tech diagnostic and curative facilities, it is driven by a vision of becoming the hospital of tomorrow. It is currently one of the largest hospital chains in Sri Lanka with a total capacity of 365 beds in Colombo and Negombo hospitals, further strengthened by its island-wide network of labs.
The hospital chain houses world-class facilities in strategic locales across the island to enable Sri Lankans everywhere to access the expertise of a team of reputed consultants and specialists, and supporting medical staff. In 2021, Nawaloka commenced the construction of an extension building to the Negombo regional hospital, further enabling the hospital chain to strengthen its regional presence. Nawaloka Hospitals specialist center also operates 14 speciality treatment centres, including a bone marrow transplant unit, post-COVID care center, kidney centre, neuro centre and heart centre.
Starting January 2021, Nawaloka Hospitals also introduced four world-class, fully-geared Intermediary Care Centres with ICU facilities, by partnering with several star class hotels, to offer a total capacity of 900 beds. The hospital also offers in-house treatment for COVID-19 patients in one of their isolated wings. To date, the hospital had treated over 10,000 COVID-19′ patients.
The Most Respected Entities rankings are based on a survey commissioned and conceptualised by Lanka Monthly Digest (LMD) and conducted by leading research firm Nielsen. This year’s survey covered a sample of 800 respondents, managers and above, from listed companies across a set of 12 different attributes; financial performance, quality consciousness, management profile, honesty, innovation, dynamism, corporate culture, CSR, vision and nation-mindedness.
SLTMobitel-PEOTV and DP Education launch ‘Videsa DP Education’
SLT-MOBITEL, the National ICT, Telecommunications and Mobile Services Provider has teamed up with DP Education, to launch ‘Videsa DP Education’, a dedicated educational channel on CH.215 of SLTMobitel–PEOTV, ensuring school children from Grade Five to Advanced Level have access to a high-quality learning experience with Rewind TV.
The revolutionary services of SLTMobitel-PEOTV includes ‘Videsa’ a series of educational channels hosted on the platform, that comprise of 06 TV channels dedicated to individual grades covering grades 06 to 11, that enhance the knowledge sharing with curriculum-centered lessons from a panel of reputed teachers. DP Education, a unique online learning platform, leverages digital solutions to deliver quality education to empower students. Together, Videsa and DP Education, enrich the educational arena further with the ‘Videsa DP Education’ channel, a dedicated television space for the students at home.
This path-breaking partnership is a commitment by SLTMobitel–PEOTV to support the education of children, whose options are limited due to the challenges convergence posed by the COVID-19 pandemic. The initiative will use the home TV screen and mobile devices as a ubiquitous medium to impart knowledge providing access to quality education for students across the country.
Commenting on the initiative, Rohan Fernando, Group Chairman, SLT said, “We understand that parents are now faced with the challenge of keeping their children safe during the pandemic as well as having to deal with the ongoing disturbances to their children’s education. As a solution to ensure that their learning remains uninterrupted, we have already introduced six different channels for Grade 6 to Grade 11 students through our Videsa digital platform. Our latest initiative and partnership with DP Education has now enabled us to launch a dedicated channel with unique learning experiences in key subjects such as Mathematics, Science and English for students from Grade 5 to Advanced Level with the Rewind TV facility. We are appreciative of the exceptional efforts extended by Mr. Dammika Perera and his team at DP Education and are grateful for the opportunity to connect the two learning platforms together in unison to create a revolutionary learning experience for our children”.
Thornton and Dane’s combined projects portfolio tops Rs 5.9 billion
Thornton Engineering, the Nextventures owned civil engineering company, has announced the acquisition of a 100% stake in Dane Engineering (Pvt) Ltd. for Rs 350 million, creating a construction business with a combined portfolio of Rs 5.9 billion.
The new entity, Thornton and Dane Engineering, expects to add new construction projects with a cumulative value of Rs 5 billion within the current financial year, nearly doubling its projects portfolio, the Company said in its announcement.
“We are excited at the post-acquisition prospects for the new company, because we strongly believe that it is a good example for the concept of the whole being greater than the sum of its parts,” said Thornton and Dane Director Dinesh Schaffter. “The combined strengths of Thornton and Dane create a formidable as well as extremely flexible engineering company that is capable of executing projects of varying scope and scale.”
Capacity-building programs for SMEs
Sri Lanka Chamber of Small and Medium Industries (SLCSMI), the apex body for SMEs in Sri Lanka has been at the forefront in supporting the SMEs during the pandemic. The chamber took several measures since the pandemic first hit the country in the first quarter of 2020. The Webinar series “Way Forward for SMEs” was a grand success among other initiatives, which was conducted with the participation of prominent scholars, leading business personalities as well as top rankers of state and private sector organizations.
The president of SLCSMI, Prof. Rohan De Silva said: “We are always there to represent and support the SMEs in the country and that’s our prime duty. During the first wave, we understood the need to share the knowledge and provide psychological support for the business owners to withstand the difficult times and that’s how the webinar series was born. Our initiative was well received by the businesses and our audience was not limited to Sri Lanka alone, as we witnessed participants from around 12 countries.”
Prof. Rohan further said that the chamber has looked at the possibilities of providing sustainable solutions to the SMEs beyond merely conducting knowledge sharing sessions and the Executive Committee has decided to introduce a range of Capacity Building programs to develop the SMEs. These programs include different solutions to address various gaps among the SMEs and the chamber intends to issue a valuable certificate for the participants of these programs.
The chamber has partnered with the Asia Pacific Institute of Money and Entrepreneurship Development (iMED) to design and deliver the programs and the details of the Programs will be unveiled at the launching event scheduled to be held on the 25th of September.
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