UCL has been operating in Sri Lanka for the past 60 years and enjoys leading market shares in almost all the consumer product categories. This is the highest for Unilever in the South Asian region. UCL offers 14 brands in Sri Lanka, but most of its revenue comes from laundry and washing products. The scope of growth in the laundry market is limited. The company is planning to introduce premium personal care products including shower gels and its top end toilet soap, Dove.
Timing is essential for the introduction of premium products.
We have created multi-disciplined brand teams around our products. A given team will be autonomous and will include 7 - 8 managers from all functions. Banks become landed proprietors as parate executions grow A deteriorating economy and the rapid expansion of bank branches providing a greater number of loans are the two main reasons for a rising number of non-performing loans in the banking sector, a top study says. The federation has raised this issue over the past few months saying the assets of thousands of companies have been seized by banks for defaulting on loans. Currently an average four companies a day close down, federation officials said.