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Sri Lankan cuisine – a vision for the future at Bocuse d’Or Sri Lanka 2022

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Bocuse d’Or Sri Lanka and Dilmah have collaborated since the inception of the prestigious, global challenge in Sri Lanka, to inspire Sri Lankans with culinary ambition while exploring the potential for Sri Lankan cuisine in the 21st Century. With two young Sri Lankan Chefs winning Bocuse d’Or Sri Lanka 2022 and going on to represent Sri Lanka in the Asian finals, our island’s human and culinary potential were evident in abundance in the passion and commitment of each of the contestants. Also on display was the potential for modern, sustainable Sri Lankan cuisine in the hands of young women and men with culinary aspirations.Eightee teams – each comprising a chef and apprentice – produced aromas, flavours and textures inspired by Sri Lanka in a live cooking session of five hours and 35 minutes. They competed in the Sri Lanka national contest for an opportunity to represent Sri Lanka in the Asian semi final, eventually leading to Lyon, France and the final of Bocuse d’Or. Gold medallist Chef Madushanka De Silva and Commis Siyathma Perera from Waters Edge are the winners who will progress to representing Sri Lanka at Bocuse d’Or Asia.

The challenge which took place at the William Angliss Institute on April 27, 2022 was followed by an awarding ceremony held at Waters Edge, with French Ambassador Eric Lavertu, attending as Chief Guest. Also present were European Union Ambassador Denis Chaibi and Australian High Commissioner David Holly and their spouses.

The winners will now take forth the flavours of Sri Lanka at the Bocuse d’Or Asia Finals, in order to progress to the grand finals in Lyon, France. Speaking at the event, Dilmah CEO, Dilhan C. Fernando explained the significance of Bocuse d’Or for Sri Lanka,

“Bocuse d’Or Sri Lanka is not simply the world’s most prestigious culinary competition; it is unlocking the value of Sri Lankan ingredients – adding value to our exports – unlocking the potential in the young women and men who have experienced this challenge and who are ready to face the culinary world.”

President of Bocuse d’Or Sri Lanka, Rohan Fernandopulle added,

“As we face the worst economic crisis in Sri Lanka, we are conscious of how it has impacted the hospitality industry and the livelihood of the people who are in the trade. In such times, we must collaborate to maintain and uplift employee morale in efforts to sustain the industry… Participating in such global events will allow chefs to learn, develop new skills and techniques, network both locally and internationally, and most importantly, provide purpose to be resilient in these trying times.”

The distinguished panel of Judges included the ‘Godfather’ of Singapore’s Culinary Fraternity – Chef Otto Weibel as Chief Judge, Chef Roberto Beltramini from Italy and Belgian Chef Michael Saelen. Addressing his experience as first-time judge for Bocuse d’Or Sri Lanka, was Official Worldchefs Judge since 2006, Robert Beltramini, who said,

“I was very happy to see that all the Chefs had put a lot of energy into what we have seen today. It’s been an amazing journey for me through all the spices and flavours… It’s very important to show the spirit of Bocuse d’Or and you showed it today.”

Chef M.M.A.Manathunga and Commis Dilhan Saraiffodeen from Grand Hotel, Nuwara Eliya won Silver medals, while Chef Ethige Mihishan Rashminga Silva and Commis Induwara Pathiranage from Hilton Colombo Residences were chosen Bronze medallists. A special awards for Best Tea Inspired Dish was awarded to Chef A.C.Madhawa and Commis P.P.Thennakoon from Cinnamon Grand Hotel, whose Dilmah Berry Sensation Ceylon Tea infused beetroot in chicken leg ragout won the judges’ acclaim. Dilhan Saraiffodeen from Grand Hotel, Nuwara Eliya secured the award for ‘Best Commis’.

Dilmah was the main sponsor of Bocuse d’Or Sri Lanka with other sponsors So Sri Lanka, Ceylon Hotel School Graduates Association, William Angliss, Unilever Food Solutions, Sabatino Tartufi, Nestle Professional, Maxies, CDC Events, Round Island, East-West Food (PVT) Ltd, Sri Lankan Airlines, Meadow Land, Singer, Red FM, SRK Portraits Photography Directors LK and Pulse.



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Business

Dialog Smart Home Enables Seamless Home Automation via Range of Intuitive Solutions 

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Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, introduced a range of convenient and integrated solutions via ‘Dialog Smart Home’ to enable intelligent automation and intuitive control of homes.

The newly introduced range of future-fit smart home solutions by Dialog Smart Home ranges from Home Automation, Home Security & Surveillance and Home Connectivity, and are designed to enable any home to work as one harmonious system where all elements work in tandem together to create a truly intelligent home.

The Home Automation solutions offer homeowners seamless and convenient control of their electronic appliances through their smartphones anytime, anywhere. With the Smart Touch Wall Switches, Smart Power Strips and Smart Fan Controllers, homeowners can take control of existing light bulbs, table fans, rice cookers, chargers, ceiling fans and more appliances. Additionally, the Artificial Intelligence (AI) powered TeDi Alexa Solution enables users to control connected smart devices including TVs, air conditioners, home security systems and more through voice commands.

Home Security & Surveillance solutions transform basic cameras into high-powered CCTV solutions. Baby and house monitoring smart cameras can be placed inside homes to keep a 360-degree eye on children and pets. The Indoor Security Camera has the ability to sound a siren and notify users if a stranger enters their home. Dialog Smart Home has also partnered with Singer to offer customers world-renowned Dahua CCTV solutions.

The Home Connectivity solutions offers consumers Wi-Fi extenders to facilitate uninterrupted internet connectivity across the house to fit the homeowner’s lifestyle and requirements.

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CBSL implements extraordinary measures to support banking sector

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The Central Bank of Sri Lanka, considering the prevailing macroeconomic conditions and its impact on the banking sector, has decided to implement the following regulatory measures to support the banking sector to facilitate effective financial intermediation and the flow of credit to the economy, whilst ensuring the soundness of the banking sector.

• Sri Lankan banking sector maintains a Capital Conservation Buffer (CCB) of 2.5% to ensure that banks have an additional layer of usable capital that can be drawn down during stress times. An industry wide flexibility is granted for banks to drawdown the CCB (up to 2.5%), if needed, subject to restrictions on distribution to shareholders/ repatriation of profits and submission of a capital augmentation plan to rebuild CCB during a period up to three years.

• The current deadline for licensed banks to meet the enhanced minimum capital requirement (31.12.2022) is extended up to 31.12.2023. Licensed banks which are unable to meet the minimum capital requirement by 31.12.2022, need to submit their capital augmentation plan, including plans to consolidate or merge with suitable financial institutions, by 31.12.2022 and these licensed banks too shall refrain from distribution of dividends/ repatriation of profits until the minimum capital requirement is met.

• Licensed banks are encouraged to move to approaches such as The Standardised Approach (TSA) or alternative TSA for computation of risk weighted assets for operational risk for the purposes of computing the Capital Adequacy Ratio, subject to supervisory review.

• Licensed banks are given the flexibility to stagger the unrealised mark to market loss on Government Securities denominated in LKR on account of the recent interest rate hike for Capital Adequacy purposes until Q2 of 2024, subject to conditions.

• Licensed banks are granted flexibility on the treatment for Other Comprehensive Income (OCI) for Capital Adequacy purpose in line with the International Standards.

• The deadline for licensed banks to submit the document on Internal Capital Adequacy Assessment Process (ICAAP) for 2022, to the Central Bank of Sri Lanka is extended by one month, until 30.06.2022.

• As a short-term measure to support licensed banks to adjust their liquidity profiles, licensed banks are provided with the flexibility to operate maintaining the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) not lower than 90% up to 30.09.2022. Furthermore, the Central Bank of Sri Lanka, on 06 May 2022 decided to restrict certain discretionary payments of licensed banks, such as declaring cash dividends and repatriation of profits, until the financial statements for the year 2022 are audited by its External Auditor, engaging in share buy backs, increasing management allowances and payments to the Board of Directors until 31 December 2022 with a view to strengthening the liquidity and capital positions of licensed banks under these exceptional circumstances.

The above measures were introduced with the aim of providing the licensed banks with more flexibility and opportunities to operate in these challenging conditions and support economic recovery, while taking measures to improve their safety and soundness. The Central Bank of Sri Lanka will periodically review the implementation of these policy measures and expects licensed banks to avail these measures in the best interest of the customers and the economy at large, while supporting the banking sector to remain resilient.

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CEAT official tyre supplier for locally assembled Tata Ace HT 

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CEAT Kelani Holdings has been appointed as the official tyre supplier for Tata Ace HT series compact trucks which are assembled in Sri Lanka by DIMO in collaboration with India’s largest automobile manufacturer TATA Motors.

 CEAT RHINO PLUS TL tyres in the size of 155R12 8PR, manufactured at the CEAT Kelani plant in Kelaniya are used for the TATA Ace HT series vehicles, popularly known in Sri Lanka as “DIMO Batta” under this project. The locally manufactured CEAT RHINO PLUS TL tyre features a zig zag pattern on its circumference and ribs with lateral notches that contribute towards uniformity and better wear and tear on local roads.

 Commenting on this latest OEM agreement of the company, CEAT Kelani Holdings Managing Director Mr. Ravi Dadlani said: “As a brand that has been at the forefront of local value addition in Sri Lanka, CEAT is excited to contribute further to the process through its association with this assembly operation. This is particularly relevant in the prevailing situation in the domestic market. We are able to provide high-quality tyres engineered for local conditions at competitive prices and ensure uninterrupted supply, while at the same time helping to conserve foreign exchange.”

In January this year, CEAT was appointed as an OEM for a range of heavy-duty trucks, tippers and light commercial vehicles assembled in Sri Lanka by Lanka Ashok Leyland PLC (LAL), a joint venture company of Ashok Leyland India. In November 2021 the brand was chosen as the OEM for Bolero City Pik-up vehicles assembled in Sri Lanka by Mahindra & Mahindra India in collaboration with Ideal Motors.

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