SLIIT Faculty of Computing introduces innovative pathways for next-generation tech leaders
Recognised and renowned as a pioneer in offering world-class IT education, SLIIT’s Faculty of Computing has launched two new unique IT pathways – BSc (Hons) in Computer Systems Engineering and BSc (Hons) in Computer Science creating graduates who are industry ready and able to achieve global success.
Previously, SLIIT offered students the Bachelor of Science in IT with a range of specialisations. The new BSc (Hons) in Computer Systems Engineering is a hybrid programme comprising of an engineering and computer science degree, enabling students to acquire knowledge in hardware and analytics, and also quantitative skills which is required for Engineers.
With a duration of four years, the degree is integrated with an engineering component creating a multi-faceted graduate who is accomplished in core knowledge areas such as computer systems and electronic engineering, including software and hardware systems, as well as the foundations in mathematics, communication skills, and project management.
In developing highly transferable skills, graduates will have access to a wide variety of career opportunities, including that of a Computer System Design Engineer, Aeronautics Engineer, Electronics Engineer, Industrial Engineer, Computer Hardware Engineer, and Network Engineer, in addition to roles in Academia and Researcher. Notably, the degree is being offered by the Computer Faculty and not the Engineering Faculty.
Head/Department of Computer Systems Engineering, Prof Sanath Jayawardena, said, “The B.Sc (Hons) in Computer Systems Engineering degree is an innovative programme designed to equip students with a strong foundation in both the hardware and software aspects of computing and embedded systems technology. Our goal is to provide students with the core skills and theoretical knowledge necessary to succeed in this exciting and rapidly evolving field.”
Entry requirements for students for the BSc (Hons) in Computer Systems Engineering include a minimum of two ‘C’ passes and one ‘S’ pass in Combined Mathematics, Physics, and Chemistry at the G.C.E. A/L (Sri Lanka) examination in one and the same sitting or a minimum of two ‘B’ passes and one ‘C’ covering the same subjects at the G.C.E A/L Cambridge or Edexcel in one and the same sitting.
The new BSc (Hons) in Computer Science degree aims to create graduates who will have a thorough knowledge of the fundamentals of computing, and participate fully in the potential of the industry as well as research. The programme will produce high-quality graduates with strong analytical and quantitative skills with a comprehensive knowledge of Mathematics, Programming, Software Engineering, System Modelling, and Research.
Graduates are expected to succeed in a career as Software Engineers, Computer Scientists, High-Performance Computing Specialists, Computational Specialists, Artificial Intelligence/Machine Learning Specialists, and Data Scientists.
Head/Department of Computer Science and Software Engineering, Dr. Kalpani Manathunga, said that “Through the new B.Sc (Hons) in Computer Science degree SLIIT aims to produce graduates who have acquired skills that are highly transferable, proficient in computational thinking, well-versed in analytical and problem solving, attaining high levels of employability and accepted in the global industry.”
The entry requirement for the BSc (Hons) in Computer Science includes obtaining three 3 ‘S’ passes covering Combined Mathematics, Physics, Chemistry/ICT at the G.C.E. A/L (Sri Lanka) in one and the same sitting or a minimum of 3 ‘C’ passes covering Mathematics, Physics, Chemistry/ICT at the G.C.E A/L Cambridge or Edexcel in one and the same sitting.
Commenting on the new Degrees, Dean/Faculty of Computing Dr. Nuwan Kodagoda said that “The two degrees will produce high calibre graduates who can work in niche areas in the IT workplace, helping drive innovation and excellence in the industry.”
For more details on both programmes, students and interested individuals may contact the SLIIT Help Desk at +94 11 754 4801 or email email@example.com
Hela Apparel Holdings completes FY 2022/23 with resilience, amidst a challenging operating environment
The fourth quarter of FY 2022/23 marked the close of a challenging year for Hela Apparel Holdings PLC. While revenue of Rs. 20.5 Bn in Q4 represented a 40.6% increase in the same period of the previous year, this was primarily driven by the impact of the rupee depreciation. In US Dollar terms, quarterly revenue declined by 9.6% year-on-year. The drop in US Dollar revenue, however, is smaller than the 19.7% year-on-year decline recorded during Q3, as consumer demand in the Group’s key export markets remained relatively resilient.
The tentative stabilisation in demand conditions during the fourth quarter, alongside the proactive cost control measures taken by the organization contributed to an improvement in profit margins. The Group’s gross profit margin increased to 13.5% in Q4, compared to 10.0% in Q3, as capacity utilisation rates improved across the Group’s manufacturing facilities. Operating profit margins also improved, supported by greater optimisation of distribution and administration expenses. That said, elevated finance costs driven by the ongoing rise in global US Dollar interest rates were a significant drag on profitability. As a result, the Group recorded a post-tax loss of Rs. 257 Mn in the fourth quarter.
For the full year ended 31st March 2023, the Group’s revenue increased by 69.3% to Rs. 95.1 Bn. Nonetheless, the significant deterioration in market conditions during H2 eroded accumulated profits, and the Group closed the year with a post-tax loss of Rs. 1,038 Mn. Despite this, Hela’s balance sheet remained in a robust position with the Net-Debt-to-Equity ratio closing FY 2022/23 at 1.6, compared to 1.8 at the same point of the previous year, supported by improvements in the working capital cycle.
In a statement accompanying the financial results, the Company noted that it expects the challenging operating environment to continue into the first half of FY 2023/24 as consumers in its key export markets remain under pressure from high inflation. In this context, it will continue to focus on proactively strengthening its strategic customer partnerships based on its long-term value proposition as a leading global apparel supply chain solutions provider.
The organization also intends to remain agile in the evolving operating environment and consider additional proactive steps to manage costs and ensure a return to profitability. Several of the strategic initiatives taken during FY 2022/23, with a precise focus on process improvements, digital systems, and supply chain management are also expected to support the improvements in profit margins in the coming quarters.
Hela Apparel Holdings PLC is a social capital-focused company built on the principles of inclusivity, equity, and climate stability. With over three decades of industry experience, Hela focuses on building strategic partnerships with global brands to provide apparel supply chain solutions with distinctive advantages. The organisation has a global presence with 10 manufacturing facilities across Sri Lanka, Kenya, Ethiopia, and Egypt, as well as design centres in Sri Lanka, the US, the UK, and France, providing direct employment to over 20,000 people. Innovative, ethical, and sustainable apparel manufacturing is at the centre of Hela’s operations. With numerous accolades for sustainability, the organization was recently endorsed as a signatory to the UN Global Compact and was awarded the ISO 14064-1:2018 certification for quantification and reporting of greenhouse gas emissions across the Group for the second consecutive year.
Calais Dentelles announces the sale of ‘NOYON’ – Noyon Lanka acquires 100 years of lace heritage
In groundbreaking industry news, Noyon Lanka (Pvt) Ltd., a subsidiary of MAS Holdings, and DESSEILLES CALAIS, a subsidiary of the CALAIS DENTELLES holding company, announced the sale of NOYON CALAIS’ IP rights and other intangible assets to Noyon Lanka.
NOYON CALAIS is a French lace manufacturer known for a 100+ years of heritage in the industry. This Intellectual Property (IP) acquisition now positions Noyon Lanka as an industry leader in lace manufacturing, combining the legacy and heritage of NOYON CALAIS SAS and MAS Holdings’ technical competency and manufacturing excellence. This sale gives the opportunity for the French business DESSEILLES CALAIS to focus on their main luxury core market.
The IP and other assets acquired enable Noyon Lanka to draw inspiration, create and commercialize lace products and manufacture lace products under the trademark ‘Noyon’. Additionally, Noyon Lanka will now be the owner of all ‘Noyon’ trademarks belonging to Noyon Calais and will own all their archives of sketches, drafts, and samples of lace and embroidery fabrics from the 19th and 20th centuries.
With the acquisition, Noyon Lanka enhances its ability to provide high-quality lace products to customers worldwide, drawing upon and preserving the rich history and heritage of lace manufacturing in France.
Noyon Lanka’s CEO, Ashiq Lafir, commenting on the acquisition, said, “This acquisition will enable us to expand our product design offerings and strengthen our leadership position in lace manufacturing globally. We are humbled and proud to take ownership of NOYON CALAIS’ remarkable legacy and combine it with our technical expertise to create beautiful, innovative lace products for our customers”.
Sébastien Bento Soares, the Directeur Général – CEO of CALAIS DENTELLES, the parent company of NOYON CALAIS, added that “This asset sale enables DESSEILLES CALAIS to focus on our core luxury market and ensures that the rich history and legacy of Noyon’s lace continues to effectively serve its long-time customers, who have come to rely on Noyon’s heritage in lace to provide some of the world foremost brands with the finest lace designs that their customers have adorned over many generations”.
Noyon Lanka was established in 2004 when Noyon Calais France, an industry expert in knitted and leavers lace, partnered with MAS Holdings. Today, Noyon’s lace creators and designers launch over 450 designs each year, with collections ranging from multi-way stretch, high tenacity lace to engineered lace for fabric.
In addition to its production facilities in Sri Lanka, the company has a global footprint with a manufacturing presence in Indonesia and China.
In the image from left to right: Sébastien Bento Soares (Directeur Général – CEO of Calais Dentelles), Pascal Cochez (Chairman of Cochez group and Calais dentelles), Olivier Noyon (Shareholder – Noyon Lanka) and Ashiq Lafir (CEO – Noyon Lanka Pvt. Ltd.).
Nippon Paint Lanka sponsors painting of Sri Lanka’s tallest Buddha statue
Nippon Paint has donated the paint required to paint the tallest Buddha statue in Sri Lanka. Built by the Methsaviya Sansadaya, it is located at the Mahiyangana Purana Rajamaha Viharaya.
“History records Mahiyanganaya as the first place visited by the Lord Buddha nine months after receiving enlightenment,” said Vidyakeerthi Prof. Chandana Jayaratne, President of the Meth Saviya Sansadaya. “It is also recorded that the Lord Buddha donated a lock of hair to the leader of those who heard his preaching and embraced the noble path. This leader who was known as King Saman (Known today as Saman Deviyo), enshrined the relics and built the first Dagoba in Mahiyanganaya. This has been gradually increased in height during later years. On completion, this will be the tallest Buddha statue in Sri Lanka at 84-feet. The statue was unveiled on Sunday May, 28, 2023.”
Nemantha Abeysinghe, General Manager, Nippon Paint Lanka, said they were very happy to be associated in such a noble venture. “It is an honour for us to be able join the Meth Saviya Sansadaya to have the statue painted with high-quality, weather-resistant, and long-lasting Nippon Paint. Buddhism is the religion of the majority in Sri Lanka and we consider this as a contribution from Nippon Paint to the propagation of religion and culture in Sri Lanka.”
“We are deeply grateful to Nippon Paint Lanka for their noble gesture in donating not one but five coats of paint to withstand the heavy rains, winds and sunshine at this location,” Prof. Jayaratne said.
Majority of the population lacks trust in elections and the political system – President
Prime Minister Dinesh Gunawardena has audience with King and Queen consort of Thailand
More than 260 dead after Odisha accident
‘Dates have the highest sugar content to fight Coronavirus’
Sunday Island 27 December – Headlines
#Sundayisland Sunday Island- 31 January- Headlines
Features7 days ago
An autobigraphy of a remarkable self-made billionaire
News5 days ago
Police looking for security guard of Sirisena’s brother
Features7 days ago
Where are Sri Lanka’s economists?
Latest News5 days ago
Jadeja’s nerveless hitting gifts Chennai Super Kings fifth IPL title
Features6 days ago
Human Rights and War Crimes : Sri Lanka’s ignorance matches that of US
News7 days ago
Lankan hospitality professional grabs top US luxury hotel job
News5 days ago
Sri Lankans living abroad can apply for a new passport or renew their passport online from 01 June
Features5 days ago
Sri Lanka’s ignorance matches that of US – II