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News - Finlays

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Sri Lanka<br />

Update Kumar Jayasuriya<br />

“Enriched by the past,<br />

transforming the<br />

future”: that’s the<br />

winning catchphrase<br />

one of our divisions<br />

came up with to capture<br />

the essence of Finlay’s<br />

Colombo operations.<br />

With the Company having been involved<br />

with commerce and industry in Sri Lanka<br />

since 1893, the first part of the phrase is<br />

self evident. Today, defining the years, if<br />

not decades to come is exactly what’s<br />

happening.<br />

In July of this year we invested in the<br />

installation of three brand new IMA C27<br />

machines for a total amount of USD 2.1<br />

million at our facility in Welisara on the<br />

outskirts of Colombo, the first company in<br />

Asia to invest in this cutting-edge<br />

technology. Catering to an increasingly<br />

environmentally aware and concerned<br />

consumer, the machines will produce<br />

“stapleless” teabags. These will be fully<br />

natural, with the string being attached to<br />

the bag by a knot. The three machines<br />

will significantly increase the overall<br />

production capacity.<br />

<strong>News</strong><br />

Cathay’s Rebranding Incentive Julian Lyden<br />

Cathay Pacific’s innovative campaign, Paint<br />

the Town Green, has changed the thinking<br />

behind conventional branding practices in<br />

the air travel industry of Sri Lanka says<br />

Julian Lyden, Country Manager for Cathay<br />

Pacific, Sri Lanka and The Maldives.<br />

The campaign took the form of a<br />

competition, in which local travel agents<br />

were requested to decorate their premises<br />

using green, Cathay’s corporate colour, along<br />

with other branding material. The<br />

promotion was partly aimed at building<br />

goodwill between the Company and its<br />

stakeholders; Cathay Pacific believes that<br />

much of their success depends on their<br />

value chain partners.<br />

The challenge was well received and a<br />

number of agencies - duly provided with cut<br />

out models, posters, model aircraft and<br />

other display material - enthusiastically took<br />

Sports Carnival<br />

Recreational activities include staff of all segments.<br />

Our existing markets have served us well,<br />

but we are now actively seeking to create<br />

new avenues and buyers for our value added<br />

products. A few prospective customers in<br />

Europe and America have evinced interest<br />

in this respect. I personally believe that<br />

there is great potential for expanding in<br />

India as well.<br />

The temperature controlled warehousing<br />

and logistics division, which is now in its<br />

second year of operation, has recorded<br />

encouraging performance on the back of<br />

healthy occupancy levels, whilst catering to<br />

some of Sri Lanka’s (and internationally)<br />

best known brands for frozen and chilled<br />

products. To meet increasing demand and to<br />

meet the evident need for international<br />

standards of cold chain compliance, the<br />

Company is nearing completion of an<br />

extension to the existing facility that will<br />

double present capacity (see page 28). The<br />

additional space will deliver economies of<br />

scale through greater operational<br />

efficiencies incorporated in the design and<br />

lower incidence of fixed costs. We also hope<br />

to capitalize on our first mover advantage by<br />

branching off into logistics and distribution<br />

services to selected clients, so as to provide<br />

the full cycle of cold chain compliance.<br />

part in decorating their offices, always<br />

following the Cathay logo guidelines.<br />

They reported having enjoyed the novel<br />

opportunity of getting a break from busy<br />

schedules and spending some creative time<br />

with their colleagues.<br />

Rewarding our travel partners for their time<br />

and innovative thinking, Cathay Pacific gave<br />

away seven return air tickets to Singapore or<br />

Bangkok as the first prize, whilst the second<br />

and third runners-up received exclusive<br />

Cathay branded gift items for the whole<br />

office team.<br />

In tandem with the travel agents’ unique<br />

branding exercise, a major facelift has added<br />

colour and exuberance to the Cathay Pacific<br />

City Office in Colombo. Our premises have<br />

been given a corporate identity in keeping<br />

with our superior product - a global<br />

network, a staff and a service straight from<br />

More than 700 employees of the James<br />

Finlay Group and their families took part<br />

in a Sports Carnival held on 17 September<br />

at the Bloomfield Sports Ground in<br />

Colombo.<br />

Participants, representing James Finlay & Co.<br />

(Colombo) and its subsidiary and associate<br />

companies, were divided into four teams or<br />

houses, each named after a different local<br />

herb believed to generate strength.<br />

The morning got off to a good start with<br />

such athletic events as the marathon, 100<br />

metres races for women and men and a 400<br />

metres men’s race. The post-lunch session<br />

Human resources have been the other area<br />

of focus during the last few months, where a<br />

range of initiatives from improving working<br />

conditions to fostering greater employee<br />

participation in decision making, promoting<br />

team spirit and, most importantly, building<br />

up the capability of our people through<br />

training and development have been<br />

launched. As far as is practically possible,<br />

company recreational activities now include<br />

staff of all segments.<br />

Our social responsibility programs are now<br />

drilled down to the divisions with each<br />

making efforts to participate actively in the<br />

programs selected. Needless to say that<br />

health and safety teams are formalized<br />

and are active at each worksite.<br />

Our financial results at the end of the third<br />

quarter have been generally satisfactory<br />

with Group overall profit comfortably<br />

exceeding the budgeted profit even<br />

excluding a one-off profit earned on sale<br />

of investments during the year.<br />

Despite the problems and issues, in Sri<br />

Lanka the opportunities for business abound<br />

and continue to flourish with each of our<br />

resilient businesses creating environments<br />

in which to flourish and grow.<br />

the heart which have won us the title of<br />

Airline of the Year, for the third time.<br />

The new branding provides our walk-in<br />

customers with a warmer and more friendly<br />

ambience, appropriate both to promoting<br />

confidence in flying with Cathay Pacific<br />

Airways and as a backdrop to the highly<br />

professional service provided by our<br />

dedicated front line staff at the counters.<br />

Cathay’s Colombo office facelift sets the pace<br />

was dedicated to fun and games including a<br />

tug-of-war, bucket relay and three-legged<br />

race. Special events were also held for the<br />

managers and guests while, for the children,<br />

there was a drawing competition.<br />

Prizes were also awarded for the best<br />

cheering squad and for the best decorated<br />

“house”.<br />

Winners of the individual and group events<br />

were awarded handsome prizes. The overall<br />

winner was Harthavariya House, made up of<br />

employees of the Tea Estates sector.<br />

27

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