To provide stakeholders a platform to gain further understanding of current applications and initiatives of e-agriculture systems, the European Union-funded ‘Technical Assistance to the Modernisation of Agriculture Programme’ (TAMAP) conducted a workshop on e-Agriculture and Digital Market Platforms in Colombo .
TAMAP in collaboration with the Hector Kobbekaduwa Agrarian Research and Training Institute (HARTI) brought together private and public sector entities to discuss digital solutions for farmers. Participants were provided with information regarding new agricultural technology applications to expand markets and market opportunities. The current COVID-19 crisis underscored the need to harness e-agriculture solutions to provide real-time information while practicing physical distancing.
Welcoming the participants both at the venue and those joining the workshop online, Dr Christof Batzlen, TAMAP Team Leader indicated that, “TAMAP has started to analyse the demand for e-agriculture solutions in Sri Lanka. TAMAP and HARTI have initiated this discussion to take stock of who is doing what and to examine the nature of the long term plans. The workshop is an entry point for further discussions, regarding the facilitation of e-agriculture and intended to provide direction and recommendations for e-agriculture and digital market platforms in Sri Lanka.”
Joining the workshop via Zoom, Sebastian Balcerak of TAMAP provided a market perspective on What is e-Agriculture? Overview on Various e-Agriculture Systems and Applications in the Global World. He elaborated on the EU’s existing support for e-agriculture, current players, large and small, and interactions between both buyers and sellers.
Explaining FAO’s Digital Agriculture Strategy, Approach and Plan for e-Agriculture in Sri Lanka, Dr Xuebing Sun, FAO Representative in Sri Lanka and Maldives, said, “e-Agriculture is one of the major strategies used by the FAO to promote transformational change in the agricultural sector. FAO is committed to assist the government and its partners to support an emerging digital society. The goal is to develop a national approach: A holistic digital-agriculture approach with a national vision and overall strategic objectives. This to be achieved by identifying the digital-agricultural priorities of the nation and defining the areas of intervention, as well as stakeholders’ responsibilities and necessary resources.”
As the agency responsible for dissemination of appropriate agriculture technologies to farming communities, the National Agriculture Information & Communication Centre, Department of Agriculture’s representative at the workshop, S. Periyasamy, Director, elaborated on What are GoSL’s requirements for an e-agriculture system in Sri Lanka.
He stated that although NAICC encountered challenges to engage stakeholders in an action plan, several ICT initiatives designed by the Department of Agriculture are being successfully implemented. These include management information systems, mobile applications, sharing information through websites, radio broadcasting, call center solutions, social media-based solutions, and digital and printed publications.
Prof. Ranjith Premalal De Silva, Director/CEO, HARTI, while expressing his views on Digital Market Platforms – Issues and Expectations, asked if farmers are prepared to undertake this change and move towards virtual interaction. He considered that, “From farm-gate to food plate, the length of the supply chain can be minimized through digital market platforms”. Prof De Silva elaborated on some constraints to the introduction of the platforms such as farmers’ perspectives, buyer/consumer concerns, retaining the middleman’s legacy, e-product deliverables and the technological backdrop.
Subsequently several digital market platforms for the agricultural sector in Sri Lanka were presented. Mr H.M.J.K. Herath of the GIS Unit of HARTI, presented the HARTI platform and Govipola of Croptronix, Helaviru of Epic and Govi Mithuru of Dialog provided information about their platforms and product offerings. The participants were also updated on the development challenges of these platforms and the future directions for strengthening their user value.
This was followed by a vibrant panel discussion looking into strategies to unlock key bottlenecks for e-agriculture development. Prof Buddhi Marambe of Peradeniya University of Agriculture facilitated the entire workshop and the panel discussions.
Dr Olaf Heidelbach, Programme Manager at the EU Delegation concluded the workshop by stating: “It is amazing to see what has been developed over the past years by the private sector while working in cooperation with the government. My main recommendation for the future – on the country’s e-agriculture strategy – is to identify the comparative advantages of different stakeholders by establishing who is doing what, best. The development of e-Agriculture in Sri Lanka depends to a large extent on private sector initiatives. Dr Heidelbach expressed his satisfaction over the view from the government that “it wishes to play an enabling role as a regulator and ensuring a level playing field.”
Galadari Colombo awarded ‘SLIM People’s Hotel Brand of the Year 2021’
The Galadari Colombo was given a thumbs up from the people as the People’s Hotel Brand of the Year for the second time running at the recently concluded SLIM (Sri Lanka Institute of Marketing) People’s Awards 2021.
The uniqueness of the SLIM People’s Awards is the fact that it is awarded by the public which shows the popular choice of the Sri Lankan people.
This is the 15th successful running of the much-anticipated event conducted by SLIM in association with Nielsen which is globally renowned for its measurement and consumer insights.
Having stood the test time of time in the hospitality industry for more than 3 decades the Galadari Colombo is hopeful to remain in the hearts of its people as a brand that is trustworthy and dedicated to service.
Expatriates’ organization painting competition for Sri Lankan children from care homes highlights close India-Sri Lanka ties
Celebrating 75 years of India’s independence in Sri Lanka, Sri Lankan children from care homes converged in Colombo from all across Sri Lanka over 10-11 April 2021 for the final round of the nationwide painting competition organized by Colombo Expatriates Cultural Association (CECA) – a voluntary organization of expatriates consisting of mainly Indians – with support of the High Commission of India, Ministry of Education of government of Sri Lanka and several other partners.
Prof. G.L Peiris, Minister of Education was the Chief Guest and Gopal Baglay, High Commissioner of India was the Guest of Honour at the final round. Several other dignitaries including State Minister Piyal Nishantha were also present. The dignitaries lauded the effort as a shining example of strong people-to-people ties between India and Sri Lanka and stressed the enormous significance of the enriching experience for the children.
The competition was held in three categories – Sub Junior, Junior and Senior. The first round of the competition had seen enthusiastic participation of 4,375 students from child care homes across Sri Lanka. Contestants from all provinces who had produced sixty best paintings were invited along with one care-giver for the final round held in Colombo on April 10 at Hotel Taj Samudra. While top three winners in all the three categories were awarded SLR 100,000, SLR 75,000 and SLR 50,000 respectively in addition to various other gifts, certificates and medals, all the 60 finalists received cash awards, desktop computers, and other gifts contributed by various sponsors.
The event also formed part of ‘India @ 75’ celebrations in Sri Lanka which comprise events and activities in the run up to completion of 75 years of India’s Independence in August 2022. Prime Minister of India Shri Narendra Modi had launched these celebrations in India on March 12 2021, 75 weeks before the 75th Anniversary of Independence. In Sri Lanka, formal launch of these celebrations had taken place on April 9 2021 with the inauguration of ‘India Corner’ at the Nagananda Institute for Buddhist Studies.
Chrissworld to raise Rs. 56.25 million through IPO
By Hiran H.Senewiratne
Chrissworld Ltd. (CWL), an SME company engaged in the provision of third-party logistics (3PL) services, is gearing to raise up to Rs. 56.25 million via an initial public offering (IPO) on the Colombo Stock Exchange, sources said.
The company plans to offer 7,500,000 Ordinary Voting Shares for subscription at Rs. 7.50 per share. The subscription will open on April 27, with Atara Capital Partners representing the company as managers to the issue.
Meanwhile, the CSE noted in a statement that it has approved an application submitted by Chrissworld Ltd. for the listing of its Ordinary Voting Shares by way of an offer for subscription on the Empower Board of the CSE.
The company, starting off with Rs. 6 million capital in 2019, expanded its capital to Rs. 22.5 million and projects to obtain Rs. 79 million after the IPO.
Chrissworld will be earmarking milestones with the IPO as the first to be listed on the Empower Board, CSE’s newest listing platform, dedicated to SMEs. Further, Central Depository Systems (Pvt.) Ltd., a subsidiary company of CSE, will step in for the first time as the registrar to the issue.
Amid those developments the CSE started on a bullish note yesterday and during the latter part of the day with heavy retail investor participation the CSE witnessed a bullish trend. It is said that manufacturing sector counters became the most popular stocks during the day. Notable price appreciation was reported in Hayleys Group, Royal Ceramic Group and Distilleries.
Both indices moved upwards. The All Share Price Index went up by 100.10 points and S and P SL20 rose by 49.18 points. Turnover stood at Rs. 3.51 billion with a crossing. The crossing was reported in JKH, which crossed 1.32 million shares to the tune of Rs. 199.3 million and its share price was Rs. 151.
In the retail market, companies that mainly contributed to the turnover were; Royal Ceramic Rs. 511.2 million (1.46 million shares traded), Expolanka Holdings Rs. 359.9 million (4.5 million shares traded), Hayleys Group Rs. 359.9 million (4.5 million shares traded), Dipped Products Rs. 321 million (5.5 million shares traded), JKH Rs. 290 million (1.9 million shares traded), and Haycarb Rs. 177 million (1.5 million shares traded). During the day 87.8 million share volumes changed hands in 23900 transactions.
Hayleys shares appreciated by Rs. 6 or eight percent. Its shares started trading at Rs. 75.90 and at the end of the day they moved to Rs. 82. Royal Ceramic shares appreciated by Rs. 13.5 or nine percent. Its shares started trading at Rs. 328.25 and at the end of the day they moved to Rs. 358.75. Expolanka shares appreciated by Rs. 2.70 or five percent. Its shares started trading at Rs. 49.70 and at the end of the day they shot up to Rs. 52.40 and Distilleries shares appreciated by 70 cent or 3 percent from Rs. 20.20 to Rs. 20.90
Sri Lanka’s rupee quoted steady at 202.00/203 to the one month US dollar Monday, while gilt yields remained unchanged, dealers said.
The rupee last closed in the one-week forward market at 202/203 to the US dollar on Friday. Sri Lanka markets were dull as seasonal bliss kicks in.
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