News
PSPI emerge victorious in Agriculture Value Added Sector at the NCE Export Awards 2020
Pulses Splitting and Processing Industry Pvt Ltd (PSPI), a leading grains and pulses splitter and processor in Sri Lanka, emerged winner at the recent 28th Annual NCE Export Awards 2020, taking home the Bronze award under the ‘Extra-Large Category’ for Agriculture Value Added Sector.
Conducted by the National Chamber of Exporters of Sri Lanka (NCE), the awards ceremony was held at Shangri-La Hotel, Colombo, recently under the theme ‘Resilient Exporters’, to recognize and celebrate some of the best exporters in the country who have successfully endured and managed their businesses during the global pandemic.
PSPI has grown to be one of the largest exporters and the only BOI-approved company in the pulses industry in Sri Lanka. It has ambitious plans to make its mark in the whole Asian region. The products are manufactured in its state-of-the-art factory, spanning over 163,000 square foot and equipped with nine production lines with a daily production capacity of over 400 MT.
Commenting on the achievement, Muddassir Mahmud, Director, Pulses Splitting and Processing Industry Private Limited, said: “We take great pride in being recognized as one of the biggest exporters in the pulses industry. This award is a tribute to all of our people for their tireless efforts and their well-commendable attitude to be resilient and optimistic”.
“We are ambitious to take PSPI to greater heights to be one of the most preferred grains and pulses splitter and processor in Asia”, he added.
The company’s Sapugaskanda-based factory is equipped with cutting-edge technology such as advanced CCD digital cameras, fully automatic color sorter machines, ‘Starlinger Technology’ packaging machinery amongst others in line with international standards.
PSPI also recently expanded to supply consumer packaging, adding three new FFS machines to supply customers with private-label packaging ranging between 500g to 5kg. Specializing in splitting and processing operations in whole red lentils, PSPI has its own brands of red split lentils. Its brands ‘Trophy’ as well as ‘Leaf’ continue to be one of the most preferred choices in the domestic market.
PSPI imports raw materials from Australia, Canada and Myanmar. Its factory has eleven in-built silos, and all its raw materials and finished products are stored and preserved under stringent hygienic conditions.
Since its inception in 2007, PSPI has earned a distinctive reputation for its world-class splitting and processing operations, with the widest range of grains and pulses variety in Sri Lanka. PSPI is no stranger to the awards, having being named a winner at the NCE Export Awards in 2013, 2015, 2016, and 2017.
News
Swiss ambassador meets President Dissanayake
Dr. (Ms.) Siri Walt, Ambassador Extraordinary and Plenipotentiary of Switzerland to Sri Lanka, met President Anura Kumara Dissanayake at the Presidential Secretariat this morning (09).
During the meeting, Ambassador Walt extended her congratulations to President Dissanayake on his recent election victory, conveying best wishes on behalf of the Government and people of Switzerland.
Ambassador Walt reaffirmed Switzerland’s commitment to supporting Sri Lanka, particularly through the ongoing IMF program, and expressed Switzerland’s readiness to assist in President Dissanayake’s efforts to combat corruption. She also emphasized Switzerland’s expertise in foreign direct investments (FDI) and tourism, offering assistance to Sri Lanka in these sectors to promote economic growth.
Further areas of collaboration discussed included constitutional reforms and labour migration, with Ambassador
Business
President discusses enhancing revenue and efficiency with Sri Lanka Customs and Inland Revenue officials
President Anura Kumara Dissanayake held a key meeting with senior officials from both the Sri Lanka Customs Department and the Inland Revenue Department at the Presidential Secretariat today (09). The discussions centered on strategies to enhance revenue generation and improve operational efficiency within both departments, in line with the government’s broader economic mandate.
During the meeting, officials from both departments presented the challenges they face in managing revenue and tackling tax evasion. They stressed the importance of strengthening coordination between the Inland Revenue Department (IRD) and Customs to effectively combat these issues. It was highlighted that better collaboration would ensure more robust enforcement of tax laws and prevent tax leakage, further boosting the country’s revenue collection.
Representing the Sri Lanka Customs Department were P B S C Nonis, Director General of Customs; Mrs. H W S P Karunaratne, Additional Director General of Customs; . C S A Chandrasekara, Additional Director General of Customs; W S I Silva, Additional Director General of Customs; S P Arukgoda, Additional Director General of Customs; J M M G Wijeratna Bandara, Additional Director General of Customs; A. W. L. C. Weerakoon, Senior Deputy Director and M R G A B Muthukuda, Chief Financial Officer, among other officials.
From the Inland Revenue Department, Mrs. W S Chandrasekara, Commissioner General; B K S Shanta, Deputy Commissioner General; Mrs. J A D D B K Siriwardena, Deputy Commissioner General; Mrs. J D Ranasinghe, Deputy Commissioner General; D M N S B Dissanayake, Deputy Commissioner General; H H S Samantha Kumara; and Ms. T M S Thennakone, Senior Commissioner, participated in the discussions.
News
Vietnamese Ambassador meets President; explores possibility of enhancing direct flights between Vietnam and Sri Lanka
The Ambassador of Vietnam to Sri Lanka, Ms Trinh Thi Tam, paid a courtesy call on President Anura Kumara Dissanayake at the Presidential Secretariat this afternoon (09).
During the meeting, Ambassador Tam conveyed her congratulations on behalf of the Government of Vietnam and expressed optimism for continued cooperation between the two nations.
Highlighting Vietnam’s achievements in foreign direct investment (FDI) and trade, President Dissanayake requested Vietnam’s assistance in fostering these sectors in Sri Lanka.
The discussion also explored the possibility of enhancing direct flights between Vietnam and Sri Lanka, with a focus on strengthening Buddhist ties and cultural connections. Ambassador Tam further pledged to explore opportunities to promote Sri Lanka as a key destination for Vietnamese tourists, thereby expanding people-to-people connections and boosting tourism.
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