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Dialog launches new schols for top performers Dialog GSM,
the country's flagship mobile communications provider, in collaboration
with its parent company Telekom Malaysia, last week announced the
launch of the Dialog Scholarship Programme in an effort to foster
the talent of the youth of Sri Lanka. The 25 million-rupee Dialog Scholarship programme will feature the selection and sponsorship of all "top Advanced Level performers" in each of Sri Lanka's 24 districts. In addition, two fully paid scholarships are on offer to the best of the best, to pursue their academic studies at the multi-media University in Cyber Jayah, Malaysia. The Yassasan Scholarship trust of Malaysia has joined hands with Dialog GSM and Telekom Malaysia to enable the scholarships to the MMU - which is now rated as one of the leading Technology Universities in the Asia Pacific region, a Dialog press release said.The schols are designed to provide an incentive to deserving students each year, to continue their education towards providing leadership for a technology-enabled society. NCE training programmes on marketing, skills The National
Chamber of Exporters of Sri Lanka (NCE) is organizing a series off
certificate courses starting in June on a range of issues. These include professional selling skills, advanced secretarial practice, business English, intermediate secretarial practice and export/import documentation. Registrations with the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) are valid for all programmes under this series Motha Investments Corporation joins hands with TVS Lanka TVS Lanka (Pvt) Ltd, a joint venture between United Motors Lanka Ltd. (UMLL) and Indian Automobile giant - TVS, recently announced a joint venture partnership with Motha Investments Corporation (Pte) Ltd. of the Queens Group of Companies. TVS Lanka (Pvt) Ltd enjoys a 35% share of the spare parts market for Indian commercial vehicles and has a wide network of 60 dealers in Sri Lanka. However, there were major importers that were not covered by TVS Lanka and which were covered by World-Wide General Trade Agencies (Pvt) Ltd (Motha Investments). This new joint venture with Motha Investments Corporation (Pte) Ltd. i.e. TVS Autoparts Pvt. Ltd. will now cover all four-wheeler vehicle parts. With this the TVS network of dealers as well as the other importers will be serviced completely using TVS certified parts. Indo-Lanka FTA model for South Asia By Quintus
Perera Sri Lanka has
benefited more than India under the deal as the island was exporting
more to India than what India imported from Sri Lanka, he told a
news conference to mark the 'Made In India Show' held last week. A South Asia free trade zone could be created by creating similar free trade pacts. Trade between
India and Sri Lanka has reached the billion dollar mark under the
Indo-Sri Lanka Free Trade Agreement. Tilak de Zoysa,
Chairman, Ceylon Chamber of Commerce, said that the availability
of Indian products under the FTA gave Sri Lankan consumers access
to cheaper products. A classic example
is that motorcycles of Japanese origin manufactured in India could
be bought at around Rs. 100,000 compared to the price of Rs. 140,000
if they were imported from Japan. While quality,
design and other features are identical to the Japanese product,
if they were imported from India there would be a vast price difference,
de Zoysa said. The objective
of the event is to increase bilateral trade between India and Sri
Lanka and to promote joint ventures and investment in Sri Lanka.
The show promoted
exports of Indian capital goods and services to Sri Lanka through
the $100 million Indian line of credit. The CII was
looking for new areas of investment such as agriculture, energy
efficient industries and environmental management. Among the products displayed were agricultural machinery, construction equipment, pharmaceuticals, food processing machinery, processed/frozen foods, healthcare products, hotel equipment, soaps and detergents, machinery for the gem industry, petroleum and petroleum products, iron and steel products and machine tools. SLT customers' numbers change this month Sri Lanka Telecom
(SLT) from today will begin rolling out the region-by-region process
of changing customer’s telephone numbers in conformity to the
‘10 Digit Number Change’ directive of the Telecommunications
Regulatory Commission of Sri Lanka (TRCSL). The first phase of number changes will apply to SLT customers in Ja-Ela and Katunayake (whose telephone numbers begin with ‘2’ and whose area code is ‘01’), Panadura (whose area code is ‘038’) and Mannar (whose area code is ‘023’). Subsequent to the change, every customer number will uniformly consist of 7 digits. The next phase
of changes will apply to customers in the Exchange areas of Gampaha,
Kurunegala, Ratnapura, Kandy, Kalutara, Galle and Hambantota (whose
telephone numbers begin with ‘2’). The dates of these
changes will be announced in advance, in the media. "While regretting the inconvenience caused by these changes, SLT believes that the technological advantages gained by these necessary changes will result in greatly improved telecom services to customers," SLT said in a statement. The Colombo
Stock Exchange (CSE) will open its second branch office in Kandy
on Wednesday, as part of the CSE's expansion strategy and to promote
stock trading among the masses. Six stockbrokers
have initially expressed interest and will be the first to offer
services from Kandy. The key ingredient of the services would be
the online order execution which would now be closely accessed by
those in Kandy and other surrounding areas like Kurunegala and Matale. The branch
office will be housed at the Bank of Ceylon building "Ceybank
House" in Dalada Veediya. The CSE expects an immediate, daily
turnover around Rs. 4 million from the Kandy office and is hopeful
that this number would grow. "Profit is not an immediate objective
but we want to develop the market in Kandy," said Hiran Mendis,
CSE Director General. The CSE will
also be carrying out roadshows and other programmes to encourage
a wider participation of the public. The next probable
location according to officials would be a branch in the North once
communication facilities improve. Currently there are only 1,500 to 2,000 total clients among the stock brokering firms and both member firms and the CSE are looking at ways of increasing the number. The six participating brokers for the Kandy operation are Asia Securities (Pvt) Ltd, HNB Stock Brokers (Pvt) Ltd, Bartleet Mallory Stock Brokers (Pvt) Ltd, MMBL Phillip Securities Ltd, DP Global Securities (Pvt) Ltd, and SC Securities (Pvt) Ltd. (AA) IPM's annual sessions on June 12, 13 The Institute
of Personnel Management (IPM), at this year's annual conference
to be held on June 12 and 13 in Colombo, will focus on the theme,
"Building World Class Organizations through People". IPM said in
a statement that in addition to focusing on the theme in its keynote
address the conference committee has selected three CEOs of leading
corporates here to present different perspectives on this issue
aimed at generating some discussion on the second day of the conference. Deliberations at the conference will centre on the HR Score Card, attracting and retention of human talent, repositioning HR for business success, HR as a business partner, measuring human capital, the dilemma of productivity and outsourcing the people factor in the public sector. Top HR professionals will present different perspectives and take steps to generate discussions and share their experience with others and wherever possible to benchmark such best practices.
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