Flexiprint wins Gold at National Business Excellence Awards – The Island

2022-07-15 21:32:33 By : Mr. John Ren

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Flexiprint Pvt. Ltd wins Gold award for Printing and Related Service Sector at National Business Excellence Awards- 2021 organised by the National Chamber of Commerce of Sri Lanka. The award ceremony was recently held in Colombo during which Flexprint Managing Director Sathis Abeywickrama received the award. Flexprint is a highly reputed packaging materials supplier which began its dynamic journey in 1994. At the time, Abeywickrama was invited to supply the best quality printed tea bag tags and printed tea envelopes to the local and international tea trade. Already armed with a brilliant track record of providing high quality printed offset packaging to the tea trade, he started providing tea bag tags and tea envelopes using flexography and water-based inks for the first time in Sri Lanka. Since then, Flexprint grew to be the most trusted flexo printing outfit in South-East Asia.

Given the state-of-the-art machinery, the Company is now in the capacity to undertake any orders at any time, which ensures timely delivery to customers. Towards that end, Flexprint, which only had one printing machine and 10 employees at its beginning, has eight flexo machines and employs over 275 workers by present. Flexprint is supplying several packaging products such as tea bag tags, envelopes, pyramid tea bag tags attached with mesh to the world’s renowned tea brands. The Company also customises packing for export cargo to offer greater customer convenience and maintain minimum lead times despite all the prevailing challenges. Commenting on the awards ceremony, Abeywickrama said: “This award further reflects the confidence of our customers in the quality of our products. I must mention that this is a collective achievement of our Company’s most dedicated employees at all levels. This award will definitely be a great motivation to provide even more quality services to our customers in the future.”

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Sysco LABS Sri Lanka hosted the 4th edition of its PerfUp series recently on the theme ‘Improving Business with Performance Engineering’ with the aim of sharing knowledge and increasing general awareness on the facets of Performance Engineering. Initiated last year by Sysco LABS, the series seeks to bring industry professionals together to develop best practices in the Performance Engineering space and beyond.PerfUp #4 examined how Performance Engineering can assist organizations optimize application performance, navigate competition, and retain users.

Speakers for the event were Yoosuf Maktoum, Senior Manager, Quality Engineering from Sysco Corporation and Ranil Weerasinghe, Assistant Director, Software Quality Engineering from Cambio Software Engineering, who shared their expertise.

The speakers addressed how in a post-pandemic world, all technology organizations from start-ups to large enterprises need to embrace digitization for business survival and generate new business. They explained how this has compelled larger organizations to re-evaluate and modernize legacy technology solution to remain ahead of the curve.

The speakers pointed out that as technology evolves and applications multiply, performance engineering plays a vital role in business growth. The successful integration of performance engineering in business will help deliver higher quality, efficient and responsive systems that are capable of leveraging market value and withstanding customer expectations. Sharing his insights, Yoosuf Maktoum, Senior Manager, Quality Engineering from Sysco Corporation said, ‘The success of the product depends on usability and reliability. Enabling performance engineering is challenging, but it is vital to your product’s success. Do not shy away from challenges, strive for precision, and use Performance Engineering to deliver successful solutions.’

CSE trading activities were of a negative nature from last morning due to the current political instability. Besides, the taking of short to medium term loans through Treasury Bills resulted in stock market investors switching to government securities, market analysts said. Last Tuesday the Treasury Bill rate increased significantly. It is said that the three- month weighted average yield rate increased by 32.1 per cent (403 basis points), six- month weighted average yield increased by 31.0 per cent (227 basis points) and one- year weighted average yield increased by 29.9 per cent (176 basis points). This affected the stock market, analysts said.

Amid those developments, shares continued to slip in mid-day trade yesterday after opening over 1-per cent weaker. The main All- Share Price Index slipped 47.4 points.The most liquid index was down 15.1 points. Turnover stood at Rs 625 million with two crossings.The crossings took place in JKH. which crossed 495,000 shares to the tune of Rs 60.4 million, its shares traded at Rs 122 and Galle Face Capital Partners two million shares crossed to the tune of Rs 38 million, its shares traded at Rs 90.

In the retail market, top seven companies that mainly contributed to the turnover were; Expolanka Holdings Rs 105.5 million (614,000 shares traded), Browns Investments Rs 63.8 million (8.7 million shares traded), JKH Rs 63.4 million (519,000 shares traded), Lanka IOC Rs 47.8 million (669,000 shares traded), LOLC Finance Rs 46.4 million (6.6 million shares traded), Kotagala Plantations Rs 15.4 million (3.6 million shares traded), Balangoda Plantations Rs 14.6 million (326,000 shares traded). During the day 44.5 million share volumes changed hands in 10000 transactions.

It is said that significant gains were recorded by Plantations sector counters. Although the tea yield is low, it fetches a big price due to rupee depreciations. Further, with the global economic downturn, it is said that there will be a big demand for Sri Lankan tea, stock market brokers said.Yesterday the US dollar exchange rate announced by the Central Bank was Rs 368.75. The rupee is being controlled and made stable by the Central Bank’s prudent monetary policies, it is believed.

Celebrating gaming as the next frontier of entertainment, SLT-MOBITEL, the National ICT Solutions Provider is delivering its thrilling eSports platform with multiple rewards for everyone.

The SLT-MOBITEL Gaming and eSports Platform https://esports.slt.lk/ is Sri Lanka’s only fully pledged esports portal offered by a telco. The web-based, user-intuitive platform provides gaming enthusiasts access to competitive tournaments, challenges, community and private game servers in addition to eSports content and streamed feeds from among the world’s best influencers.

Taking eSport in the country to another level, now SLT-MOBITEL subscribers and non-customers can both access the platform by selecting prepaid options. Multiple subscription levels are available with varied subscriptions for time intervals and reward standings catering to different Gamer requirements.

The Weekly Gamer is available as a weekly subscription priced at Rs 99. Similarly, the Monthly Gamer and Monthly Streamer packages are on offer for a monthly subscription of Rs 299 and Rs 499 respectively.

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