Etihad promotion ends tomorrow
Etihad Airways, the national airline of the United Arab Emirates, is offering travellers from Sri Lanka attractive savings in its Global Sale.
Guests travelling in Business and Economy Class from Colombo can choose from a range of destinations across Europe and North America. Tickets are on sale until October 31 and are valid for travel between January 15 and June 30.
Etihad Airways currently operates twice-daily scheduled flights from Colombo to the airline’s Abu Dhabi hub offering convenient connections and seamless journeys to destinations worldwide.
Etihad Airways’ guests could pre-clear US Immigration and Customs before boarding their US-bound flights at Abu Dhabi International Airport saving significant time on arrival. This facility is one of the first of its kind in the Middle East, enabling international travellers to arrive as domestic passengers in the USA, avoiding the need to queue at immigration.
Channa de Silva
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New Chairman at Sarvodaya Finance
Sarvodaya Development Finance appointed Channa de Silva as its new Chairman following the retirement of Eastman Narangoda, who led the transformation process of Sarvodaya Development Finance formerly known as Deshodaya Development Finance Company Limited (DDFC).
He holds a Bachelor’s Degree from the University of Colombo and a Master’s Degree each from Harvard University (USA) and Melbourne University (Australia).
de Silva was formerly Deputy Chairman and Independent Non Executive Director on the Board of Sarvodaya Development Finance. He is the current Managing Director of Summit Finance and a former Director of Pan Asia Bank PLC.
Dreamron appoints new Group CEO
Neil Samarasinghe joined Dreamron as Group Chief Executive Officer (CEO) recently. He started his career as a sales representative at Nestle and has 32 years of experience in the consumer food sector of John Keells Holdings PLC. Samarasinghe has given the leadership to all three product categories of, Elephant House ice cream, soft drinks and processed meat and has achieved several milestones throughout his career.
Starting his career as a sales representative, he moved on to become Sales Manager, National Sales Manager, Group Sales Manager, Director, Assistant Vice President and finally Vice President at JKH. Samarasinghe said his decision to join Dreamron was because he believes that the Dreamron Group of Companies indicates a great potential to grow by challenging the lifestyle of Sri Lankans and the region by export market expansion.
Planters clarify statement
The Planter’s Association of Ceylon (PA) issued a media release clarifying its last statement on the recently signed Collective Agreement.
The statement: “The PA issues the following statement in clarification and regrets any inconvenience caused.
“The Planter’s Association of Ceylon wishes to thank Minister of Plantation Industries, Navin Dissanayake, Minister of Labour and Trade Union Relations, John Seneviratne and Minister of Development Strategies and International Trade, Malik Samarawickreme for their crucial support in securing a consensus on the recently signed collective agreement between estate trade unions and the Employers’ Federation of Ceylon.”
DFCC Bank goes for Rs. 4 b debenture issue
DFCC Bank has launched its Debenture Issue to raise Rs. 4 billion with an option to go up to Rs. 7 billion in the event of an over subscription. The purpose of this Issue is to strengthen the Tier II capital of the Bank while supporting its lending operations in the Corporate, Business and SME sectors. In addition, it will mitigate DFCC’s interest rate risk by reducing asset and liability maturity mismatches.
The Debentures rated A+ (lka) by Fitch Ratings Lanka Ltd., is attractively structured with five-year and seven-year tenors, carrying fixed annual coupons of 12.15% and 12.75%. The Subordinated, Redeemable and Unsecured Debentures will be listed in the Colombo Stock Exchange, and the minimum subscription is Rs. 10,000. The Issue will open on Wednesday, November 2. Head of Treasury and Resource Mobilisation of DFCC Bank, Kapila Nanayakkara said, “The decision to go public with this Issue is to give alternative investment opportunities to retail and institutional investors. They could earn a fixed rate of return over a period of five years or seven years depending on their appetite.”The Issue is structured by DFCC Bank’s Treasury and Resource Mobilisation Unit and managed by Capital Alliance Partners Limited and Acuity Partners (Pvt) Ltd.
Robbialac partners SLIA as principal sponsor for 2017
Lankem Robbialac joined the Sri Lanka Institute of Architects as its Principal Partner for 2017.
A Memorandum of Understanding (MoU) was signed last week at the Taj Samudra Hotel, Colombo, The SLIA was represented by its Senior Vice President Archt. D.H Wijewardena and Lankem Ceylon PLC by its Director Ruwan T. Weerasinghe.
Speaking on the theme ‘Architect 2017- Return of The City – Mega-structure Redefined’, Director of Lankem Ceylon PLC, Ruwan T. Weerasinghe said, “The time for such a theme was very opportune in the current context with mega structures such as luxury hotels and lifestyle apartment cities coming up within the city and we see the skyline of Colombo changing rapidly month after month”.
“Architects should get involved in designing our mega structures from day one. With your local knowledge, you should be able to bring out a balance between the environment and concrete structure, always keeping in mind that we don’t want to create depressing concrete jungles that would bring out numerous socio-economic problems,” he said.
Evolve Technologies wins award
IT, software, BPO and Outsourcing Company, Evolve Technologies (Pvt) Ltd, recently won the award for ‘Sri Lanka’s Best Employer Brand - 2016’, presented by the World HRD Congress and Employer Branding Institute. The Business Awards with the South Asian Partnership Summit was held at the Water’s Edge recently.
Known for its mix of innovation, technology, direction and industry solutions, Evolve Technologies has ensures that only the best of HR processes are practiced among its employees. Evolve Technologies does its utmost to ensure that all employees receive proper training in leading technologies that emerge in the market. This ensures that the company maintains high levels of competency which result in impeccable IT and software solutions, a company spokesman said.
The World HRD Congress and Employer Branding Institute is an organization where senior leaders of several countries in the HR arena may connect with one another and contribute to the concepts of Talent Management, Talent Development and Talent Innovation. The organization sets a platform for the best in the field of Employer Branding and currently includes over 36 countries in its network.
Fadna introduces ‘FadnaGinCo’
Ginger, Coriander which has been used with best results for generations is now being introduced to the market under the brand name of Fadna in the form of tea bags by the name, FADNAGinCoTea (Ginger, Coriander) which is ideal for tea time and it refreshingly warms the body and revive from tiredness.
FADNA GinCo is made by using 100% Natural Herbs, and it offers the same authentic traditional aroma, Goodness and the benefits of Inguru Koththamalli which has been traditionally used by Sri Lankans as a proven herbal remedy, to relieve weariness, fever and common cold and helpful in controlling catarrh as well. FADNA GinCo Tea can be used several times per day, cover and boil for 5 minutes.
FadnaGinCo is a product which is approved by the Department of Ayurveda and can be purchased fromall the Supermarkets and Pharmacies Island-Wide and it is also available in Sinhala Ayurveda shops.
HNB Singithi Savings Day attracts children of all ages
75 customer Centres of Hatton National Bank (HNB) around Sri Lanka were filled with excited children of all ages on Saturday 22 October as the bank celebrated “Singithi Savings Day” with a mega programme.
The Singithi Savings Day programme included a number of games and activities such as an art competition,face painting,musical chairs,magic shows, muppet shows and cartoon shows. All children enthusiastically took part in the activities and were seen enjoying themselves thoroughly throughout the pragramme.
