Connect with us

Business

Virtual Design Festival To Showcase ‘Designed And Made In Sri Lanka’

Published

on

Similar to Galle Literary

The Academy of Design (AOD) has conceptualized SRI LANKA DESIGN FESTIVAL 2021, with the purpose of promoting the country’s ‘designed and made in Sri Lanka’ initiatives through a series of virtual fashion showcases, design exhibitions, forums and workshops that focus on product innovation, sustainable design, art and creative industries, a news release connected with the event said.

The Sri Lanka Design Festival 2021 will be held virtually for the first-time, on Jan. 15, 16 and 17, 2021. It will showcase to a global audience through various collaborations and international partnerships, the organizers said.

“Under the theme ‘impACT’, the Virtual Festival will showcase fashion and design initiatives that motivate the industry to ACT now and create a positive impact, in a meaningful way whilst bringing in much-needed new exports through design driven innovation,” the release said.

“Since its inception in 2009, this will mark the 10th Sri Lanka Design Festival, held at a significant time, celebrating fashion, architecture, tourism and design technology bringing together all connected industries. The three-full day Virtual Festival will include over 40 different segments and showcase over 50 different eminent personalities comprising designers, design led industries, craft and the SME sector makers, artists, young entrepreneurs, speakers, celebrities and like-minded enthusiasts.”

Amongst many exciting segments and speakers, Anoma Wijewardane a globally renowned Sri Lankan artist will be featured as the Artist Spotlight of SLDF 2021 showcasing some of her exclusive work on ‘Art captivating transformation, inclusivity-diversity unity and climate change’.

Another highlight segment will be the Keynote Speech by H.E Tshering Tobgay, former Prime Minister of Bhutan, on the topic of ‘Only carbon neutral country in the world’ as he will share insights on the harmony between sustainability and economics reflecting on Bhutan’s success in this front.

A partnership with the Ministry of International Relations will ensure all missions abroad and diplomatic missions in Sri Lanka, help promote engagement and connections that will lead to meaningful commercial collaborations for the country through the post festival period, the organizers said.

“The virtual Sri Lanka Design Festival 2021 is produced by the country’s leading catalyst for design and innovation – Academy of Design (AOD) – in partnership with government, private and international entities, to be unveiled soon. Sri Lanka Design Festival 2021 will present a fascinating insight to how Sri Lankan creativity adapts to working in an insular world and the impact creativity, design and innovation can have on healing and recovery,” the release added.

Dr. (Hon DCL) Linda Speldewinde, Founder of Sri Lanka Design Festival and Chairperson of Academy of Design commented “We are excited to bring this to you in a new way and at a much-needed time for Sri Lanka. The Sri Lanka Design Festival 2021 – reveals the first-ever virtual Festival that will innovatively showcase the initiatives, transforming the fashion and design tech industry. In the last decade,

“AOD has shaped the lives of many young creative people helping them to become young entrepreneurs and designers of today. Furthermore, Sri Lanka Design Festival has been a window to contribute to the fashion, tourism and design-tech industry as a whole and we are proud to collaborate with inspirational and like-minded businesses to elevate the industry as a whole and host the milestone event that would definitely recognize Sri Lankan Design, Craft, Fashion, Creative industries and Technology via the nation’s renowned change-makers at an international level”

The Festival will be open to the public for free and requires only prior online registration for joining. For more information regarding the event and online registrations please visit www.srilankadesignfestival.lk

Business

First registered undergraduate of BCI Campus inducted by President

Published

on

President Gotabhaya Rajapaksa paid a special visit to BCI Campus, Negombo (Benedict XVI Catholic Institute) on Jan.15 on the invitation of Malcolm Cardinal Ranjith, the Archbishop of Colombo.

The event was conducted under strict health protocols and was attended by a limited audience among which were the Archbishop of Colombo , Rector of BCI ; Rev. Fr. Quintus Fernando ,Professor G L Peiris, Minister of Education , Prasanna Ranatunga, Minister of Tourism,(Dr.) Nalaka Godahewa, State Minister – Urban Development, Coast Conservation, Waste Disposal, and Public Sanitation, Dr Sudharshini Fernandopulle, State Minister of Primary Health Care, Epidemics and COVID Disease Control, Nimal Lanza, State Minister – Rural Roads and other Infrastructure Development, Chief Air Marshal Roshan Gunatileke, Governor of the Western Province, Prof Kapila Perera, Secretary to the Ministry of Education, Prof Sampath Amaratunga, chairman of the University Grants Commission and Prof Sudantha Liyanage, Vice-Chancellor of the University of Sri Jayewardenepura, Prof. Ajantha Dharmasiri, chairman/Director – Board of Management, Postgraduate Institute of Management (PIM) and member of BCI Academic Council along with several other dignitaries.

Welcoming the gathering Rev. Father Quintus Fernando; Rector of BCI, said ‘BCI Campus was established 6 years ago with a holistic and unique approach to higher education. Our emphasis is not limited to developing graduates that are industry ready, armed with knowledge and skill, but we aspire to make BCI Campus a breeding ground for well-disciplined, humanely nurtured, and responsible citizens. We ‘Aspire to Inspire’ our students to become professionals who possess academic knowledge and skill sets, whilst also mentoring them to assert their dignity and integrity as true human beings”. The reverend father also drew special attention to the invaluable support President Gotabhaya Rajapaksa has rendered to BCI, over the years. Special mention was made to President is involvement in expediting the reconstruction and renovation work of BCI in 2015 as the campus prepared to welcome Pope Francis who visited BCI during his visit to Sri Lanka.

Speaking at the event, Malcolm Cardinal Ranjith who drew attention to the innumerable efforts of the Catholic Church to provide a sound Education to children and youth the world over, stated that ‘education today is not just a matter of mastering science and technology only, but also, and much more, a matter of assisting a young person to master life itself. So, Institutes of higher learning should not be so much profit making as much as academies of moral and spiritual formation for the youth’.

Continue Reading

Business

‘India leads from the front’

Published

on

Prime Minister Narendra Modi launched the all-India rollout of COVID-19 vaccination drive on January 16 via video conferencing.  Considered to be the world’s largest vaccination program, it covers 30 million health care and frontline programme workers across India in the first phase. The endeavor is to cover 300 million in the second phase. Elderly population and those with serious illness would be the focus groups in this phase.

A total of 3006 session sites were virtually connected during the launch with around 100 beneficiaries being vaccinated at each session site on the inaugural day. The massive vaccination programme is powered by Co-WIN, an indigenously developed online digital platform, which will facilitate real time information of vaccine stocks, storage temperature and individualized tracking of beneficiaries. A dedicated 24×7 call centre  has also been established to deal with all issues pertaining to administration of the vaccines.

Speaking at the launch, Prime Minister Modi highlighted various steps undertaken by government of India in combating COVD-19. India released its first COVID-19 advisory on January 17, 2020 and was among the first countries to start screening passengers at its airports. Specifically on vaccines, he said that Indian vaccines were built on tried and tested technology in India and added that these vaccines will give a decisive victory to India in fighting the pandemic.

(Indian HC)

Continue Reading

Business

Hayleys Group drives bullish market

Published

on

By Hiran H.Senewiratne 

CSE activities were positive and bullish  throughout the day and they were mainly  driven by the Hayleys Group headed by Dhammika Perera, which saw a subdivision of all 14 listed Hayleys companies’ shares to enhance the Group’s market capitalisation, stock market analysts said.  

It is said that Hayleys share prices appreciated by 32 percent or  Rs. 187.50. Its shares started trading at Rs. 577.50 and at the end of the day they moved to Rs. 764. Dipped Products’ shares moved up by 31 percent or Rs. 138. Its shares started trading at Rs. 441 and at the end of the day they moved up to Rs. 579. This sub division would not increase the stated capital of any company, but would increase the liquidity of the shares as the number of existing shares increases. Confirming this, all these companies recorded huge price increases yesterday.

LOLC share prices appreciated by 24 percent or Rs. 56. Its shares started trading at Rs. 232 and at the end of the day they moved to Rs. 282.

Amid those developments both indices moved upwards. All Share Price Index went up by 246.60 points and S and P SL20 went up by 100.38 points. It is said that the All Share Price Index surpassed 8000 points for the first time in history, which closed at 8.184 points at the end of trading. Meanwhile, the S&P SL20 index, which includes the 20 largest and most liquid stocks also increased by 100.38 points (3.24%) to close at 3,196.73.

Turnover stood at Rs. 14.2 billion with ten crossings. Those crossings were reported in Sampath Bank, which crossed 3.1 million shares to the tune of Rs. 526 million and its shares traded at Rs. 170, HNB (Non Voting) 1.4 million shares crossed for Rs. 172 million its shares traded at Rs. 118, Dipped Products 292,000 shares crossed for Rs. 160.7 million and its shares traded at Rs. 550, CIC two million shares crossed for Rs. 137 million, its shares traded at Rs. 68. Meanwhile, DFCC’s 825,000 shares crossed for Rs. 61 million, its shares trading at Rs. 74, JKH 300,000 shares crossed for Rs. 35 million, its shares traded at Rs. 160, Aitken Spence 500,000 shares crossed for Rs. 35 million, its shares fetching Rs. 70, Tokyo (Non Voting) 3.56 million shares crossed for Rs. 27.3 million, its shares traded at Rs. 76.80, HNB Assurance 400,000 shares crossed for Rs. 24 million, its shares traded at Rs. 60 and Vallibel One 420,000 shares crossed for Rs. 20 million, its shares trading at Rs. 48.

In the retail market top five contributors to the turnover were, Dipped Products Rs. 1.8 billion (3.2 million shares traded), Hayleys Rs. 1.3 billion (1.8 million shares traded), Vallibel One Rs. 856 million (15.3 million shares traded), LOLC Rs. 797 million (three million shares traded) and JKH Rs.0.7 million (3.7 million shares traded). During the day 377.7 million share volumes changed hands in 66574 transactions.

Sri Lanka’s rupee was quoted around 197.50/198.50 to the US dollar in the one-month forwards market on Thursday while bond yields were steady, dealers said. Rupee last closed around 196.00/198.00 in the spot-next market on Wednesday against the greenback. The Central Bank’s indicative spot rate was 194.7980 on January 19, up from 193.6458.

Continue Reading

Trending