BOI hosts meeting with leading garment export company from Pakistan – The Island.lk

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Directors of M/S Zeitgeist based in Lahore, Pakistan a well-established high quality garment export company recently visited the Board of Investment of Sri Lanka recently with the objective of exploring opportunities for investment in Sri Lanka in the Apparel sector. The delegation consisted of Saad Bin Khalid, Dr. Bilal Bin Khalid, Hashim Khalid and Daniyal Khalid of M/S Zeitgeist.
M/S Zeitgeist is a leading manufacturer of yarn, fabrics and garments. The high quality garments are exported to European Economic Community, United Kingdom, and North America.
Eng. Raja Edirisuriya, Chairman BOI welcomed the delegation and briefed on the investment opportunities in Sri Lanka, highlighting the advantages offered to Textile/ Apparel industry including the dedicated Textile manufacturing Park currently being developed at Eravur, Batticaloa.
The delegation visited the Katunayaka Export Processing Zone and the Port City followed by a meeting with the Joint Apparel Association Forum (JAAF).




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Satynmag.com Sri Lanka’s leading women’s magazine in print since 1998 and totally online since 2013, has announced a global partnership with one of India’s most vibrant women entrepreneurship ecosystems, Catalyst for Women Entrepreneurship (CWE).
The partnership will open doors to Sri Lankan women owned businesses to regional marketplaces while enabling women entrepreneurs of both India and Sri Lanka to network and collaborate on projects of mutual benefit.
Catalyst for Women Entrepreneurship (CWE) is a comprehensive ecosystem that enables women entrepreneurs to start up and scale their businesses. CWE offers a nurturing platform that gives access to finance, markets, trade networks, business skills, technology, information and industry mentors. They also provide validated professional service providers to women entrepreneurs. www.cwe.org.in
Commenting on the partnership, Nayomini R Weerasooriya, Founder/Editor of www.satynmag.com and Mentor – women empowerment, says that it will facilitate greater opportunities for Sri Lankan women entrepreneurs, especially those who possess specialized skills and innovative products. “There are some great innovations pioneered by women entrepreneurs out there. We are certain that this partnership would help them secure new markets.”
Sucharita Eashwar, Founder CWE India, Ambassador 50InTech,  Co-Chair B20 Women Council G20 Summit,  Advisor and Mentor to women entrepreneurs, says that the partnership will take co-operation between women owned businesses of both countries and the region to great heights. ” Women entrepreneurs will be able to enter new markets, source new opportunities and engage with other women entrepreneurs at a global level through this partnership” she added.
There will be joint initiatives that will provide specialized entrepreneurial knowledge sharing & business know-how for women entrepreneurs. Visits by delegations towards shared business opportunities for women entrepreneurs of both countries will also be included. Training and empowerment initiatives that would enhance the scope of business potential for women owned businesses will also take place under the agreement.
Nayomini says that www.satynmag.com has  always encouraged an active dialogue with women entrepreneurs, particularly as they struggle to recover from Covid-19 complications ; this includes www.satyneshop.com , an ecommerce platform developed exclusively for women owned businesses, The SHE Initiative which helps women entrepreneurs network, the Satynmag Small Business Support and Expert Advice series which provide knowledge and expertise in business building, marketing and finance for women entrepreneurs who do not have access to specialised knowledge in building a business. Satynmag also pioneered the Satynmag Beauty Awards for Women owned beauty businesses, giving recognition for many innovative beauty products introduced by women entrepreneurs.
Providing mentoring and knowledge sharing advice for our women entrepreneurs, fostering a spirit of strength and courage for them to overcome challenges and grow, is also a part of Satynmag’c women entrepreneur outreach.
“Satynmag.com and CWE will work together to empower women entrepreneurs of India and Sri Lanka to make use of new opportunities and view new areas of growth through the partnership.” Sucharita says in conclusion.
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24 Seafarers including 03 women Seafarers trained at the Mahapola Ports & Maritime Academy (MPMA) of the Sri Lanka Ports Authority (SLPA) passed out on Friday 25th February 2022. The event was held with the initiative of Minister of Ports and Shipping, Rohitha Abeygunawardena and Hon.Minister of Youth & Sports, Minister of Development Co-ordination and Monitoring and State Minister of Digital Technology and Enterprise Development, Namal Rajapaksa. This is the first batch of 100 Seafarers being trained under full patronage of the International Labour Organization (ILO). Opportunities are now available for these Seafarers to join service on board commercial vessels as professionals in the industry.
Speaking on the occasion, Minister of Ports and Shipping, Rohitha Abeygunawardena, said that the Sri Lankan Merchant Shipping sector should move forward with a new vision. “We are now aiming earn a large amount of foreign exchange by providing trained Seafarers to the international shipping industry, a sector that effectively generates employment opportunities,” he said. The Minister said that necessary instructions had been extended to the Merchant Shipping Secretariat and the Sri Lanka Ports Authority in this regard. In Sri Lanka at present, there are about 16,000 trained Seafarers included in the workforce. The industry specializes in creating a skilled youth workforce to replace young people with no or lesser professional skills, and enabling professional youth to conquer the foreign employment market to generate more foreign exchange on the basis of a smaller number of individual involvement. The Minister also said that the aim of the ministry was to increase the number of trained Seafarers up to 50,000 in the next three years.
Speaking on the occasion, Minister of Youth & Sports, Minister of Development Co-ordination and Monitoring and State Minister of Digital Technology and Enterprise Development, Namal Rajapaksa said that such training would create an environment in which the youth of Sri Lanka would be able to contribute more to the demand in the international labour market by empowering them with professional skills.
“The patronage extended by the International Labour Organization (ILO) and the National Union of Seafarers Sri Lanka (NUSS) to train these 100 Seafarers is a significant contribution to the ongoing programme to eradicate youth unemployment,” the Minister emphasized. He also expressed his gratitude to the programme by the Ministry of Ports and Shipping to train 50,000 Seafarers in the coming years. “In the face of the global Pandemic of Covid-19, many achievements can be made by working together rather than individually,” he said.
Members of the ILO, National Union of Seafarers Sri Lanka (NUSS), Secretary to the Ministry of Ports and Shipping – U.D.C.Jayalal, Director General of Merchant shipping – Ajith Seneviratne, Managing Director of SLPA – Upul Jayatissa, Habur Master of SLPA – Capt. Nirmal De Silva, a number of professionals in the merchant shipping industry, management and lecturers of the MPMA of SLPA also joined the occasion.

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Allianz Insurance Lanka Limited and Allianz Life Insurance Lanka Limited (collectively, Allianz Lanka) were recently recognized for outstanding management excellence at the “Great Manager Awards 2021”. A total of 5 managers from Allianz Lanka were recognized and awarded with Great Manager Awards, recognizing Allianz Lanka as a company with great managers. The Awards were presented to the relevant members of Allianz Lanka’s management team at the Great Manager Awards ceremony, held recently at the BMICH. The Great Manager Awards 2021 was organized by the Colombo Leadership Academy (CLA) in strategic partnership with People Business.
Commenting on the occasion, Gany Subramaniam, CEO at Allianz Lanka said, “We are deeply honoured to have had our own people selected for 5 separate Great Manager Awards.
These accolades highlight our commitment to management excellence, which is a cornerstone of excellence in other areas. I take this opportunity, on behalf of the Company, to say how proud we are of the efforts of our exceptional managers. Many congratulations to all the winners for their outstanding achievements and we wish them yet another successful year in 2022. Achieving this accolade will serve to inspire many others to lead and collaborate effectively, thus helping to further management excellence within the organization.”
The 5 Great Manager Award winners from Allianz Lanka included, in no particular order, Kasun De Silva, Assistant General Manager – Technical, Property and Casualty, who won the Award for Aligning Organizational Vision, Manik Gunesekara, Senior Manager – Administration, who won the Award for Leadership, Integrity & Holistic Approach, Srivarathan Govindapillai, Assistant General Manager – Life Sales, who won the Award for Driving Results and Execution Excellence, Charitha Bandara – Head of Talent Development, who won the Award for Coaching Others for Growth, and Kasun Yatawara – Head of Digital Enablement, who won the Award for Aligning Organizational Vision.
Allianz Insurance Lanka Ltd. and Allianz Life Insurance Lanka Ltd., known together as Allianz Lanka, are fully-owned subsidiaries of Allianz SE, a global financial services provider with services predominantly in the insurance and asset management business, headquartered in Munich, Germany. The global strength and solid capitalization of the Allianz Group, coupled with local expertise and business know-how, have been Allianz Lanka’s powerful formula for success.

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