Financial Times

Unilever signs MoU with State Trading Corporation


Here Pradeepa Gunewardene, Chairman, STC and Amal Cabraal, Chairman, Unilever Sri Lanka hand over the MoU in the presence of Bandula Gunewardene, Minister of Trade.

Unilever Sri Lanka recently signed a MoU with the State Trading Corporation (STC) to serve public servants with everyday home and personal care and selected food brands. According to a Unilever press release, under the MOU, Unilever confirmed STC as the official provider for supplying the company’s brands to all government establishments.

This tie-up between the two organizations will provide public sector employees with Unilever’s range of everyday quality products at affordable prices. The government will also benefit by having all their orders channeled through the STC, which would ensure efficiency, convenience and the best price, the press release said.

“Under the MOU, we are offering discounts extended by Unilever to state institutes and state employees thereby helping to reduce the cost of living. At the same time, the reasonable profits would make this project beneficial to the Sri Lanka State Trading Corporation,” Pradeep Gunewardene, Chairman STC, said in the press release.


 
Top to the page  |  E-mail  |  views[1]
 
Other Financial Times Articles
> Consensus reached on GK payment plan
> Fitch says outlook stable at John Keells Holdings
> Colombo Stock Exchange to restructure Milanka Index
> Mind your own business
> $198 mln bids for bonds
> US protectionism may impact Sri Lanka
> Trained dogs offered by security firm to detect explosives
> Need to support struggling SMEs
> Modern mysteries of education
> ACCA sustainability reporting awards on March 25
> Challenging toothy myths with herbal heritage
> CIMA Divisional Council suspension remains
> Ceylinco crisis may lower land prices
> Triad completes 15 ‘great’ years
> CB reassures commitment to finance and leasing companies
> Overvalued rupee cause for export decline - Rienzie
> Water sports expert wins tourism award
> HSBC centre gets environment - friendly rating
> TISL calls for Banking and Finance Commission
> Ceramics industry wants revision in LP gas prices
> Investors sought for Paper Mills at Embilipitiya
> Brandix Green Factory wins Energy Globe Award
> Merchant Bank restructures F&G Group
> Marine expertise by Hayleys AIG
> HSBC to reward e-statement customers
> People's Bank profits sharply up
> Unilever signs MoU with State Trading Corporation
> Swedish investor struggles with hotel project at Iranawila
> TNT moves to new location
> Responsibilities of depositors in the financial crisis
> Golden Key workers protest outside official’s house
> Depositors seize apartments, leave next day
> Interest rate cuts impact share-market
> GDP slows down in 4Q08
> Renuka Coconut Milk Powder gets Mawbima Lanka Accreditation
> SMB calls for EGM on March 31

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 2008 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved.| Site best viewed in IE ver 6.0 @ 1024 x 768 resolution