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South Asia Textiles (SAT), a leading manufacturer and exporter of textiles, has received ISO 14001 and ISO 45001 certifications for elevating its environmental sustainability and employee health and safety systems on par with global standards.
South Asia Textiles, a fully owned subsidiary of Hayleys Fabric PLC, made significant investments to upgrade its effluent water treatment plant including installation of a high-quality raw water filtration unit. Moreover, the company formed environment, health and safety (EHS) teams representing all departments, to update and enhance EHS protocols and standard operating procedures (SOPs), and conduct comprehensive training and awareness sessions.
Reflecting the success of these concerted initiatives, following rigorous audits by SGS Lanka Pvt Ltd, South Asia Textiles was recently awarded the ISO1 4001 Environment Management System and ISO 45001 Occupational Health and Safety Management System certifications.
“Today, a high degree of ethical and sustainable business practices and management systems are required by leading apparel buyers. Since becoming part of Hayleys Fabric and the Hayleys Group in April 2021, South Asia Textiles has fast-tracked improvements across all operations,” South Asia Textiles and Hayleys Fabric Managing Director/ CEO, Rohan Goonetilleke said.
“I am pleased that South Asia Textiles has now further enhanced its competitive export positioning and strengthened its degree of responsibility with these 2 global ISO certifications.”
South Asia Textiles, a subsidiary of Hayleys Fabric PLC, is a leading manufacturer and exporter of textiles. The company, which commenced its commercial operations in 2004, specialises in knitting, dyeing, finishing, printing, bushing, and sueding pre-shrunk fabric for leading global brands such as Victoria Secret, Next, Marks & Spencer, Tesco, Calvin Klein, Decathlon and Adidas.
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The Women’s Chamber of Industry and Commerce, Sri Lanka (WCIC) re-launched its flagship property under the theme “WCIC Prathibhabisheka”, to recognize and reward the outstanding women entrepreneurs of Sri Lanka and the SAARC region.WCIC will showcase the excellence of outstanding women entrepreneurs through WCIC Prathibhabisheka – The Women Entrepreneur Awards 2022, powered by DFCC ALOKA.
“The relaunched property is structured to assess the businesses in a holistic manner. We invite outstanding women entrepreneurs, especially the ones who have braved the challenges in the past years to share their story of resilience and achievements to compete for the coveted -WCIC Prathibhabisheka – Women Entrepreneur Awards 2022 ceremony to be held in January 2023. The Awards will honour women entrepreneurs for their tenacity to scale and grow, and for their contribution and impact on the economy. Whilst the competition is primarily for Sri Lankan entrepreneurs, we have also included an opportunity for women in the SAARC region to compete in a special category”, stated Anoji De Silva, the chairperson of WCIC.
On behalf of the organizing committee and the co-chairs, Ramani Ponnambalam and Tusitha Kumarakulasingam said, “We will be accepting applications under the categories – startup, micro, small, medium and large. Each category will have a specified revenue for the year under review – 2021/22. Gold, Silver and Bronze Awards will be presented for each category. With a view to identifying and promoting regional women entrepreneurs, we will encourage applications from all the provinces in the country and select the ‘Best of the Region’ from each province.”
“The participants will also be considered for the coveted special awards – Young Woman Entrepreneur, Outstanding Startup, Most Positively Abled Woman Entrepreneur, Most Outstanding Export Oriented Entrepreneur and Best of the SAARC Region. The ceremony will culminate with the selection of the ‘Women Entrepreneur of the Year-2022’, “they said.
The entry kit can be downloaded from www.wcicsl.lk and completed and submitted to the WCIC along with all the material required to substantiate the applicant’s story.
WCIC Prathibabisheka- Woman Entrepreneur Awards 2022 is powered by– DFCC Aloka, as its Platinum Sponsor, with Gold Sponsors – McLarens Group, LOLC Holdings Plc, Hayleys Leisure Plc, and AIA Insurance Lanka Ltd ( Exclusive Insurance Partner), Silver – Finez Capital Ventures and Ernst & Young as Knowledge Partner.
WCIC is the premier organization supporting entrepreneurs and professional businesswomen. Its membership is open to women who believe they can contribute to society as well as benefit from the many facilities the organization offers. Interested women entrepreneurs please note that entries close on 31st of October.
Sri Lanka’s market leader and only integrated manufacturer of cement, INSEE Cement, has once again secured a coveted spot on LMD’s list of Most Respected Entities 2022. The rankings are based on research carried out by AC Nielsen, and data gathered through unaided and unprompted telephone interviews with “managers and above”, where each respondent was asked to name their picks for the top 3 companies in Sri Lanka, along with other questions.
Nandana Ekanayaka, Chairman/Chief Executive Officer at INSEE Cement remarked, “Loyalty and Trust have played a key role in our ranking on the Most Respected list in 2022. We have proven our mettle as a customer-centric brand over the past few years, and more so in a post-pandemic era, and continue to single-handedly navigate the local construction industry during these unprecedented times. Additionally, with INSEE SANSTHA Cement being the only cement product in the country to be 100% locally produced, we have also been able to maintain prices in a highly volatile market, which also aided the continuous growth of customer trust and loyalty.”
Exterminators PLC, Sri Lanka’s premier pest management and environmental technology company held its first Annual General Meeting upon listing on the Colombo Stock Exchange on 30th of March 2022. Exterminators PLC shareholders approved all proposals at the hybrid AGM held on 30th of August 2022, this included reelecting Dr. Nihal Attygalle and Suhaniya Ferreira as non-executive non independent directors and Travis Ferreira as ‘Executive Director’.
The annual review and the financial statements were approved, as were the proposed final dividend of Rs. 0.07 per share for the financial year 2021/22. The payment date would be 30th Sep 2022. Overall dividend payout for the financial year 21/22 is 30% value Rs.8.02 million. The dividend represented an increase of 89% over the previous year’s dividend payout. The company plans to capitalize Rs.17.4 million to increase its stated capital to Rs.100 million in the proportion of 1 per 17.52 shares will be issued upon CSE approval.
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