Swadeshi Industrial Works
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Swadeshi Industrial Works
The Swadeshi Industrial Works PLC is a personal care products manufacturing company in Sri Lanka. The company became the first local soap manufacturing company when the company was incorporated in 1941. Swadeshi is a listed company on the Colombo Stock Exchange. Brand Finance calculated Swadeshi Industrial Works' brand value to be LKR543 million in 2022 and ranks the company as 85th most valuable brand in Sri Lanka. History The Swadeshi Industrial Works PLC was established in 1941 and was the first local soap manufacturing company in the country. Swadeshi is one of the native industrial companies developed during the wartime economic background. By 1958, Swadeshi was one of the four soap manufacturers in Sri Lanka. Others were Lever Brothers, British Ceylon Corporation, and Eastern Chemical Industries. Although inedible tallow was used in manufacturing soap, coconut oil was the main raw material used. In 1960, the company sought to partner up with American soap and toiletries manu ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Photoengraving
Photoengraving is a process that uses a light-sensitive photoresist applied to the surface to be engraved to create a mask that protects some areas during a subsequent operation which etches, dissolves, or otherwise removes some or all of the material from the unshielded areas of a substrate. Normally applied to metal, it can also be used on glass, plastic and other materials. A photoresist is selected which is resistant to the particular acid or other etching compound to be used. It may be a liquid applied by brushing, spraying, pouring or other means and then allowed to set, or it may come in sheet form and be applied by laminating. It is then exposed to light—usually strong ultraviolet (UV) light—through a photographic, mechanically printed, or manually created image or pattern on transparent film. Alternatively, a lens may be used to project an image directly onto it. Typically, the photoresist is hardened where it receives sufficient exposure to light, but some photoresis ...
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Corporate Social Responsibility
Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically oriented practices. While once it was possible to describe CSR as an internal organizational policy or a corporate ethic strategy, that time has passed as various national and international laws have been developed. Various organizations have used their authority to push it beyond individual or even industry-wide initiatives. In contrast, it has been considered a form of corporate self-regulation for some time, over the last decade or so it has moved considerably from voluntary decisions at the level of individual organizations to mandatory schemes at regional, national, and international levels. Moreover, scholars and firms are using the term "creating shared value", an extension of corporate social responsibility, to explain ways of d ...
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Offering (Buddhism)
In Buddhism, symbolic offerings are made to the Triple Gem, giving rise to contemplative gratitude and inspiration. Typical material offerings involve simple objects such as a lit candle or oil lamp, burning incense, flowers, food, fruit, water or drinks. Within the traditional Buddhist framework of karma and rebirth, offerings lead to the accumulation of merit, which leads to: :* a better rebirth in the cycle of birth and death (Pali: ''vattagamini-kusala'') :* progress towards release from suffering (Pali: ''vivattagamini-kusala''). These offerings often act as preparation for meditation. In some traditions, two different types of offerings are identified: *material or hospitality offerings (Pali: ''amisa-puja''Lee & Thanissaro (1998). or ''sakkara-puja'') *practice offerings (Pali: ''patipatti-puja'') Material offering Material offerings are considered ''external'' offerings of "words and deeds." Material offerings nurture generosity (Pali:''dāna'') and virtue (Pali ...
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Colombo Telegraph
The ''Colombo Telegraph'' is a Sri Lankan website run by exiled journalists. It was founded in 2011. It has been blocked in Sri Lanka repeatedly. Uvindu Kurukulasuriya is the editor. He went into exile to UK in 2009 after the murder of Lasantha Wickrematunge Lasantha Manilal Wickrematunge ( si, ලසන්ත වික්‍රමතුංග, ta, லசந்த விக்கிரமதுங்க; 5 April 1958 – 8 January 2009) was a high-profile Sri Lankan journalist, politician, br ... and after he was threatened publicly via national radio by the president's media advisor. References External links * {{DEFAULTSORT:Colombo Telegraph Sri Lankan news websites ...
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Ranil Wickremesinghe
Ranil Wickremesinghe ( si, රනිල් වික්‍රමසිංහ, ta, ரணில் விக்கிரமசிங்க; born 24 March 1949) is a Sri Lankan politician who is the current president of Sri Lanka since 21 July 2022. He also holds the position of Minister of Finance of Sri Lanka. He has been the leader of the United National Party since 1994. He served as Prime Minister of Sri Lanka in five separate stints, leading six governments, from 1993 to 1994, 2001 to 2004, 2015 to 2018, 2018 to 2019, and in 2022. He also served as Leader of the Opposition from 1994 to 2001 and from 2004 to 2015. Born to a wealthy political family, he graduated from University of Ceylon and qualified as an advocate from the Ceylon Law College in 1972. Entering active politics in the mid-1970s with the UNP, he was first elected to Parliament from the Biyagama electorate in the 1977 parliamentary elections and was appointed Deputy Minister of Foreign Affairs, by his uncle ...
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Sri Lankan High Commissioner To The United Kingdom
The Sri Lankan High Commissioner to the United Kingdom is the Sri Lankan envoy to United Kingdom. Countries belonging to the Commonwealth of Nations typically exchange High Commissioners, rather than Ambassadors. Though there are a few technical differences (for instance, whereas Ambassadors present their diplomatic credentials to the host country's head of state, High Commissioners are accredited to the head of government), they are in practice one and the same office. The Sri Lankan High Commissioner to the United Kingdom is concurrently accredited as the Ambassador to the Republic of Ireland. The current post of High Commissioner is occupied by Manisha Gunasekara. List of High Commissioners Representatives of the Government of Ceylon High Commissioners Deputy High Commissioners * Sir Velupillai Coomaraswamy, CMG (1948-1953) * Theodore Duncan Perera, CMG (1953-1956) * B. F. Perera, CMG, OBE (1956-1958) See also * High Commission of Sri Lanka, London *List of hea ...
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Wijewardene Family
The Wijewardene family is a Sri Lankan family that is prominent in enterprise and politics. Along with many members who have been successful politician across generations, the family includes two Chief Justices, two Prime Ministers and two Presidents of Sri Lanka. In 2000 The siblings went to multiple different countries such as USA, UAE, U.K, New Zealand & Etc. The family decided to establish the main headquarters in Christchurch, New Zealand. The Ownership went to the Oldest Brothers son Aakash Wijewardene in 15/11/2021. The family currently owns an estimated 40 companies worth around $2.1 Billion History Tudugalage Don Phillip Wijewardene gained success as a timber merchant having established the Sedawatte Mills, after moving to his mother's village of Sedawatte near the banks of the Kelani river which was used to transport timber. He became a supplier of timber, bricks and sand to public works and the military undertakings of the colonial government and invested in real esta ...
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LMD (magazine)
''LMD'', formerly known as ''Lanka Monthly Digest'', is an English language Sri Lankan business magazine. The magazine is owned by Media Services (Pvt) Ltd and was first issued in August 1994. The magazine is available in print and online versions. Hiran Hewavisenti is the magazine's editor-in-chief. ''LMD'' derives its revenue through both advertising and subscription fees. Monthly circulation is about 5,000 while monthly readership is around 30,000-40,000. The magazine has a subscriber base of about 1,800. ''Living'' and ''Discover Sri Lanka'' are the sister publications of the magazine. Compiled lists and indices ''LMD'' compiles and publishes popular company listings, rankings and indices. ''LMD'' 100 Dubbed "Sri Lanka's ''Fortune'' 500." The magazine has been publishing the ''LMD'' 100 since the 1994/95 fiscal year. The latest edition, the 28th edition of ''LMD'' 100 was published for the fiscal year 2020/2021 in 2022. Sri Lankan conglomerate, Hayleys Hayleys PLC, fou ...
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Lanka Sathosa
Lanka Sathosa also known as Sathosa is a wholesale and retail chain located in Sri Lanka. It is considered to be the largest state-owned retail chain in the country and was established in 2005. Sathosa was incorporated as a state-owned enterprise under Companies Act no 7 of 2007 and it is regulated by the Ministry of Industry and Commerce. The main function of Sathosa is to set prices of many essential items in the domestic retail market. Nushad Perera was appointed as the chairman of Lanka Sathosa in January 2020. As of 2019, the retail chain expanded its branch of network beyond 400. Sathosa has also guaranteed to sell essential items at concessionary prices during tough times including the coronavirus pandemic in the country. However it has also been widely criticised in recent years for continuous loss making and defaulting on payments to suppliers. Controversies Johnston Fernando was arrested on 5 May 2015 in relation to the non-payment for goods worth more than 5 mill ...
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Enjoining
An injunction is a legal and equitable remedy in the form of a special court order that compels a party to do or refrain from specific acts. ("The court of appeals ... has exclusive jurisdiction to enjoin, set aside, suspend (in whole or in part), or to determine the validity of...."); ("Limit on injunctive relief'); '' Jennings v. Rodriguez'', 583 U.S. ___, ___138 S.Ct. 830 851 (2018); '' Wheaton College v. Burwell''134 S.Ct. 2806 2810-11 (2014) ("Under our precedents, an injunction is appropriate only if (1) it is necessary or appropriate in aid of our jurisdiction, and (2) the legal rights at issue are indisputably clear.") (internal quotation marks and brackets omitted); '' Lux v. Rodrigues''561 U.S. 1306 1308 (2010); ''Correctional Services Corp. v. Malesko''534 U.S. 61 74 (2001) (stating that "injunctive relief has long been recognized as the proper means for preventing entities from acting unconstitutionally."); '' Nken v. Holder''556 U.S. 418(2009); see also ''Alli v. D ...
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