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Romesha Wijesuriya, current President of the Sunday Times "The Business Club" (TBC), speaks at last week's re-launch of the club. Others in the picture - left to right - are Feizal Samath, Business Editor, Patrick Amarasinghe, veteran chamber personality and chief guest, and Sujan Wijewardene, director, Wijeya Newspapers Ltd.

 


Sunday Times re-launches The Business Club (TBC)
The Sunday Times Business Club was re-launched at a simple ceremony held at the Trans Asia Hotel last week with the participation of over 50 young business people which included many new members. The club, established in 1995 with a view to promote business relationships among young private sector people and facilitate their sharing of knowledge and experience, had been inactive for the past year due to unavoidable circumstances.

Speaking at the launch, Patrick Amarasinghe, a veteran businessman and eminent chamber personality, said that a lot of people in the business community "tend to be silent" on burning issues and the club was a good opportunity for them to take an active role in addressing these issues.

"The private sector must not only take economic activities to grassroots level but pay attention to its social responsibility. There are so many young people looking for opportunities in the private sector and it faces a big challenge with the government reducing recruitment in the public sector."

Having faced a number of distasteful experiences in the past in the form of insurgencies in 1971 and 1989, Amerasinghe noted that the private sector had a huge responsibility in terms of conducting career guidance programmes at school level. "The government expects us to play a major role and we have to be conscious of our responsibility towards society," he said.

The club will be run by a new executive committee to be picked from among its members and focus on current issues relating to the economic and political scenario of the country, in addition to presentations on career guidance and new management techniques through monthly seminars for its members.

Sunday Times Business Editor Feizal Samath and current Club President Romesha Wijesuriya also spoke. Among others present were Sujan Wijewardene, Director, Wijeya Newspapers, Nalin Attygalle, a well-known management consultant and senior staff members of the editorial and advertising sections of the newspaper. Trans Asia sponsored the relaunch meeting.

Transparency in garment quotas
Sri Lanka's garments trade came together last week to launch what it calls "a virtually foolproof, transparent quota monitoring system" which would reduce allegations of malpractices in quota distribution.

The trade via the Sri Lanka Apparel Exporters' Association (SLAEA) inaugurated the Textile Quota Monitory Unit (TQMU) at its head office at Rosmead Place. Under this system the members of the SLAEA and four other garment associations will be able to check out quota allocation, disbursements on a company wise usage basis.

The data would be provided by the Textile Quota Board (TQB) on a bi-monthly basis, eliminating the need for garments manufacturers to get this information from the TQB.

Ministry of Enterprise Development, Industrial Policy and Investment Promotion Secretary Ranjit Fernando said the launch of the TQMU is one of the pledges that the ministry gave to the private sector to ensure transparency in quota disbursement.

Opening of gem and jewellery institute
A Gem and Jewellery Institute will be opened at the Lloyds Building on August 2. It is a joint collaboration of the Sri Lanka Gem and Jewellery Manufacturing Exporters' Association, (SLJMEA) and the Sri Lanka Export Development Board.

Prof. G.L. Peiris, Minister of Enterprise Development, Industrial Policy and Investment Promotion, US Ambassador Ashley Wills, Milinda Moragoda, Minister of Science and Technology, and Kabir Hashim, Minister of Tertiary Education will be present at the opening.

The Institute will form the nucleus for training of a very high standard to the industry to achieve global competitiveness to enter niche markets.

Mount Lavinia Hotel, Manta Maldives buy Robinson Club
Mount Lavinia Hotel and Manta Maldives have taken a majority stake in the 150-room Robinson Club beach resort in Bentota. Mount Lavinia Hotel also gets the management rights.

The Robinson Club has built a very strong client base over the last 15 years with the former operator 'Robinson Club', a sister company of the big German tour operator TUI, having helped give it an international profile.

"We focus our talents on niche market products and Robinson Club fits very well into our profile," said Sanath Ukwatte, chairman, Mount Lavinia Hotel. "Today we are embarking on our first outside project. We are very excited about the prospects that Robinson Club offers as the first purpose-built club hotel in the country."

Manta Maldives has interests in 15 resorts including the Hilton Maldives and a small luxury hotel in the Seychelles. They are also agents in the Maldives for LTU, Kuoni, Air Tours, and Hayes & Jarvis.

The shareholders of Manta Maldives (Private) Ltd are Amy Stierli and Hussein Afeef, currently the vice-chairman of the Maldives Association of Tourism Industry. Stierli is the founder and managing director of Manta Switzerland, a big tour operator for the Indian Ocean in Switzerland. Manta Switzerland sends over 15,000 guests a year to these Indian Ocean destinations.

Gem industry urges need for gem testing lab
By Murali Jayadeva
Noufel Jabir, a top gem industry businessman and former diplomat, at a seminar in Beruwela last week made a strong plea for the setting up of a gem testing lab in Sri Lanka.

He said if "we want to be competitive in the global marketing of gems a testing lab would be most vital." Supporting this proposal, Sheriff Abdul Rahman, a past director of the Gem Authority, quoted instances where local gem merchants obtained certification from international gem testing labs by paying huge sums of money in foreign currency.

Rahman said no foreign buyer would purchase genuine stones of high quality without certification from an accredited testing lab, while urging Gem Authority officials who were present, to help the industry in this country by setting up this laboratory.

Prof. G. Dharmaratne, Chairman of the Gem and Jewellery Authority promised to explore the possibilities of organising at least a mobile lab to test gems.

A further request was made by speakers to provide training facilities in lapidary, gem cutting and gem polishing.

Referring to this request Prof. Dharmaratne said there is a special organisation which provides structured courses of training in all aspects of gemmology. He said he would pass on this request to that organisation for early implementation.

Kamil Ismail speaking on behalf of the Gem Traders' Association, highlighted the importance of local gem merchants participating at the forthcoming FACETS 2002 Exhibition to be held on September 9-11 as it would give them an opportunity to interact and exchange views with international buyers attending the exhibition.

He said if gem traders were unable to participate individually due to lack of financial resources, they could do so by pooling their resources and taking part as syndicates.

EEZ FREEZ to commence operations in Sri Lanka soon
Eric Slemmermann, CEO of EEZ FREEZ Australia is now in Sri Lanka to explore the possibility of marketing their Transport Refrigeration Units in Sri Lanka and setting up a plant to manufacture their units catering to the growing market in the Asian and USA market a press release said.

Speaking to Eric Slemmermann, he has been in the Transport Refrigeration business for well over 17 years and his Company EEZ FREEZ now enjoys a greater market share in the business today within Australia.

Its brand is well recognised and accepted in Australia with exports to the Asian Region and USA opening up.

EEZ Freez has developed its technology to one of the most reliable units on the Australian and overseas market today.

Their innovative approach, in-house expertise and manufacturing infrastructure, have produced a unique product that is ideally suited for vans and trucks. Their product is more cost effective and efficient as compared to their competitors. After sales service and warranty offered is efficiently managed.

Their Research and Development Department is working hard to further improve the product.

Refrigeration transportation plays a major role in the food industry today. Maintaining the freshness of the produce from the point of collection to the warehouse and superstore is indeed a very important factor in the fresh and frozen food distribution system.


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