TWENTY PERCENT INCREASE IN TEA PRODUCTION REPORTED

Tea production shows 20% increase

 

This year’s tea production has shown a 20 per cent increase compared to the corresponding period last year, according to Sri Lanka Tea Board (SLTB).

Accordingly, from January to October 2023 period, tea production totalled 216,259,369 Kg noting an increase compared to the 2022 that recorded 211,765,998.

Sri Lanka’s tea production for the month of October 2023 also recorded 22,852,239 Kg illustrating a 2 per cent increase compared to October 2022 where 18,991,659 Kg production was reported.

However, in contrast to production of instant tea from last year, October 2023 witnessed a dip in output recording 2,777,759 Kg as last October saw 3,123,838 Kg.

 

 

DON’T MISSCase filed against bottled drink by Cargills

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Case filed against bottled drink by Cargills

A case has been filed at the Colombo Chief Magistrate Court against an apple based bottled drink produced and distributed by Cargills Agrifoods Ltd.
The case has been filed by a PHI attached to the Gothatuwa MOH office.

It has been alleged that the company had produced and distributed the 330ml bottle of this product with Sorbic Acid levels exceeding the maximum permissible amount.

 

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Rage Coffee launched in Sri Lanka (Pics)

Popular Indian coffee product – Rage Coffee was launched into the Sri Lankan market yesterday (14).

With crystalized coffee beans sourced from Ethiopia and India, Rage promises a superior cup of 100% plant based coffee with a higher caffeine hit coming in a variety of blends to kickstart the day.

The product range features the more cost effective option – Silk Blend range, which includes blends such as Belgian Chocolate, Vanilla Velvet and Creamy Hazelnut. The premium range includes blends such as Irish Hazelnut, Dark Chocolate, Creme Caramel, French Vanilla and Butterscotch Delight.

Rage coffee is exclusively retailed in Cargills outlets while online orders can be placed via its website – www.RageCoffee.lk

The product is a brainchild of Bharat Sethi and was initially launched in 2018 in India. India’s star cricketer – Virat Kohli is also a partner and brand ambassador of Rage Coffee.

It is being brought down to Sri Lanka as a part of the diverse portfolio of imports by Staple Mark, a subsidiary of Cliphs Pvt. Ltd. led by Arunen Vengadasalam, which is one of Sri Lanka’s largest stationery suppliers and distribution.

Addressing the launch, Mr. Arunen Vengadasalam said, “When we discovered how other leading instant coffee producers serve their product we were inspired to look within the market for a product of much higher quality and nutrition. Where other instant coffee producers digress so far as to use the shells of the coffee beans that have fallen on the floor and should actually be disposed of, we sourced a producer who values and prioritizes the finest coffee grounds…”

“Rage is designed to cater to all tastes and preferences. We believe Sri Lanka deserves the best and Rage Coffee is our way of contributing to the rich tapestry of flavours that make this country unique,” he added.

Sri Lanka’s evolving coffee culture, where people are exploring increasingly diverse flavours, has presented the ‘perfect opportunity’ for us to introduce Rage Coffee, he further noted.

In a recorded statement, Mr. Bharat Sethi, founder and CEO of Rage Coffee also extended his thanks to Mr. Vengadasalam and the Staple Mark team for partnering with them and their vision of  “making Rage Coffee the go to and most prolific coffee brand for all Sri Lankans.”

(Pics : Shanika Jayasekara)

 

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Epic Lanka unveils digitalization strategy beyond 25 years with 20 innovative products

Epic Lanka, a wholly Sri Lankan-owned fintech and digital transformation solutions provider with a quarter-century of experience in the IT industry, recently marked the momentous occasion of their 25th anniversary.

This milestone underscores their enduring commitment to excellence and their significant contributions to the field of financial technology. Evolving from its roots as a project-driven entity, Epic now boasts a remarkable portfolio of 20 unique Intellectual Properties (IPs).

Positioning itself as a formidable player in the global IT arena, these IPs will be promoted in foreign markets through strategic partnerships with other leading software brands, further solidifying Sri Lanka’s reputation as an IT knowledge and solutions hub. 

Over the past 25 years, Epic has employed a workforce of more than 6,000 employees, predominantly consisting of local IT graduates, while also providing opportunities to over 3,000 interns.

The industry leader of domain expertise, innovative solutions by Epic have modernized state enterprises, transformed the payments landscape. Considering the scope and influence, it’s estimated that Epic’s solutions and innovations have a direct or indirect impact on the daily lives of all  Sri Lankans.

Moreover, Epic’s expansion into East Asia has seen the company provide its cutting-edge solutions to foreign clients, reinforcing its position as a global leader in the industry. In recognition of its outstanding contributions, Epic was adjudged as the best ICT solutions company in Sri Lanka and also won Sri Lanka’s first-ever Gold award at the Asia Pacific ICT Alliance (APICTA) Awards. These accolades underscore the company’s commitment to excellence and innovation.

Epic’s product solutions portfolio encompasses a range of impressive offerings, each catering to specific business needs. For instance, PreveNET NAC stands out as a multifunctional and dependable solution, assisting organizations in their transition from hardware-based Network Access Controllers (NACs) to a more versatile software-based alternative. Meanwhile, Collectmate provides a comprehensive and holistic approach to managing end-to-end tasks and processes within the realm of debt collections and recoveries. Doxmate, on the other hand, offers an enterprise content management and business process automation solution, featuring document management systems and workflow solutions. Paytect is a fully-fledged card management system that facilitates the entire spectrum of card issuing, acquiring, and transaction processing functions while Digiface emerges as a digital onboarding eKYC and vKYC solution, developed by Epic, offering a comprehensive approach to streamline digital onboarding processes across various banking products while ensuring compliance with pertinent regulations. These solutions collectively contribute to enhancing operational efficiency and addressing the evolving needs of businesses in today’s digital landscape.

For a quarter-century, Epic has been at the forefront of technological innovation in Sri Lanka. Dr. Nayana Dehigama, Epic Technology Group Founder and Executive Chairman reflects on this remarkable journey, stating, ” We recently commemorated the 25th anniversary of Epic as it embarks on a transformative journey. From humble beginnings, we have now emerged as a leading force in enterprise digital transformation. This milestone is a result of the dedication, passion, and expertise of our exceptionally talented team, who consistently push the boundaries of what can be achieved. They have enabled us to deliver cutting-edge solutions that have positively impacted the lives of Sri Lankans.

“Epic Lanka Managing Director and Chief Executive Officer, Viraj Mudalige, shares his vision, stating, “Our Research and Development centre in Sri Lanka that is equipped with advanced technology has played a key role in nurturing an innovative culture, leading to the development of cutting-edge solutions that have earned us many national and international awards.”Looking ahead, Epic remains committed to pushing the boundaries of innovation and delivering exceptional value to its stakeholders. Mudalige elaborates, “We are actively pursuing opportunities to expand our global presence and introduce our outstanding solutions to markets beyond Asia. Our primary objective is to maintain our influence in shaping the future of the global fintech industry. With 20 proprietary products in our portfolio, we are transitioning from project-based ventures to building a comprehensive suite of cutting-edge software solutions. As we look ahead to the next financial year, Epic envisions forging strategic partnerships with software companies and nations worldwide to bring our ambitious goals to fruition. Epic Lanka is set to redefine the IT landscape, both in Sri Lanka and on the global stage.

“Founded in 1998, Epic Technology Group is an award-winning regional technology leader in adopting and delivering modern technology across the Banking, Financial Services, and Government sectors in local and international markets. Equipped with ISO 9001:2015, ISO 27001:2013, PCI3DS, and CMMi Level 3 certification, Epic has more than 25 years of experience in Fintech, information system security, enterprise digitalization, mobile applications, e-payment application development, e-government solutions, and document management systems. .

For more information, please visit www.epictechnology.lk.

 

 

 

 

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