Sri Lanka Red Cross continues to provide support to the displaced from the landslide in Koslanda

Sri Lanka Red Cross continues to provide support to the displaced from the landslide in Koslanda
Sri Lanka Red Cross continues to provide
 support to the displaced from the landslide in Koslanda
The Sri Lanka Red Cross Society (SLRCS) continues to support the people affected by the Koslanda landslide currently being housed at two temporary camps in Poonagala & Koslanda.

As of this morning Red Cross volunteers and officials assisting the search and rescue efforts in coordination with the Ministry of Disaster Management and the Military handed over a consignment of baby formula and other relief items, and also safe drinking water bottles. 100 body bags were also handed over to the Military today upon a request by the DM Ministry.

As of now we can confirm that 03 bodies have been recovered from the debris and an accurate calculation is underway to determined the number of missing. The landslide destroyed 66 houses in the Meeriyabadda village. A community hall, two milk collection stations, a Hindu Temple (Kovil), two shops and a communication was also destroyed from this disaster.

Amãna Takaful expands to Anuradhapura

Anuradhapura Branch Staff
Anuradhapura Branch Staff
Amãna Takaful PLC, the only fully-fledged Takaful operator in the country and the flag bearer of the Takaful way of insurance in Sri Lanka, recently opened its 26th  branch in Anuradhapura. The new branch is located at No. 81, Bank Site, Anuradhapura and offers a full range of insurance products and services that protect various aspects of people’s lives. The Chief Guest at the opening ceremony was H.P. Somadasa, Mayor of Anuradhapura. Also in attendance were, Mohamed Ansar, Municipal Councillor of Anuradhapura, Fazal Ghaffoor, CEO, Amãna Takaful, S.N.M Irshad, the Executive in charge of Amãna Takaful in Anuradhapura, along with other distinguished guests and the company’s senior management and staff.

Commenting on the opening of the new branch, S.N.M Irshad of Amãna Takaful stated, “Our success so far can be attributed to the wide range of solutions we offer our patrons as well as the superior standards of service we provide. We do not cater to a niche market; instead our products are designed to support all segments of society.  It is a great honour to introduce Amãna Takaful to the people of Anuradhapura and we hope that our new branch will continue to fulfil the diverse insurance needs of this community.”

Sri Lanka Red Cross scales up operations in landslide hit Koslanda, aiding over thousands affected

Sri Lanka Red Cross scales up operations in landslide hit Koslanda, aiding over thousands affected
Sri Lanka Red Cross scales up operations in landslide hit Koslanda,
 aiding over thousands affected
The Sri Lanka Red Cross Society (SLRCS) has scaled up rescue efforts in
order to support the people effected from the Koslanda landslide that occurred yesterday affecting over thousands of people.

Soon after the incident yesterday the SLRCS Badulla Branch deployed it’s first aid teams and volunteers to Meeriyabaddawatta in Koslanda. First Aid posts were set up at the location where over 120 persons were treated for minor injuries by this afternoon (30th October 2014).

Currently Red Cross Rescue & Relief Teams on the ground have also provided non food relief items (NFRI) to over 980 persons housed in two camps . The camps are located in Poonagala Tamil Maha Vidyalaya & the Koslanda Tamil Maha Vidyalaya. These relief kits include providing of hygiene utilities, bed sheets, sleeping mats and other relief items.

Meanwhile on a request made by the Disaster Management Ministry, SLRCS has installed 09 mobile latrines in the two camps where the survivors are housed at.

Oman Air offers 25% discount to 25 destinations

Oman Air
Oman Air
The national airline of the Sultanate of Oman, Oman Air is offering an unbeatable discount of 25 percent to 25 destinations for flights in Economy and Business Class. The offer is valid for flights booked between 27 October and 2 November 2014 and is applicable for outbound travel until 20 March 2015.

Commenting on the special offer, Gihan Karunaratne – Country Manager, Sri Lanka & Maldives, Oman Air said, “This very special offer provides our valued customers with a significant saving on their travels. As a competitive leader in the airline industry, we are renowned for our high quality service standards and commitment to excellence. As we reach our milestone fifth year of operation in Sri Lanka we will continue to provide innovative promotions and deals to discerning travellers.”

Amãna Takaful partners with IFN Roadshow in Sri Lanka

Ajith Nivard Cabraal, the Governor of the Central Bank of Sri Lanka
Ajith Nivard Cabraal, the Governor of the Central Bank of Sri Lanka
Amãna Takaful PLC, the only fully-fledged Takaful operator in the country and the flag bearer of the Takaful way of insurance in Sri Lanka, recently partnered with the world renowned REDmoney group to sponsor the Islamic Finance News (IFN) Roadshow. The event was held in Colombo and Ajith Nivard Cabraal, the Governor of the Central Bank of Sri Lanka graced the event as the Chief Guest and Dr. Azeema Adam, Governor of the Maldives Monetary Authority (MMA) was the Guest of Honor for the third consecutive year. Also present at the event were members of the Islamic finance fraternity, professionals and practitioners from the insurance and banking industry as well as academics and regulators.

The IFN Roadshow is part of a series of conferences held by the REDmoney group which has conducted shows in 12 markets across the world this year, including Pakistan, Turkey, Brunei, Bangladesh, Singapore, Australia, Thailand and Morocco. This highly anticipated event plays an integral role in identifying opportunities for the future growth of Sri Lanka’s Islamic finance sector covering banking, finance and Islamic capital markets. At the event, a large gathering of delegates came together to discuss current issues, challenges and the potential of Sri Lanka’s Islamic finance industry.

Dine In at the ‘Times Square’ at The Manhattan FISH MARKET


Dine in at the Times Square
Dine in at the Times Square
Award winning restaurant chain The Manhattan FISH MARKET Sri Lanka opens its doors at the Rajagiriya branch giving customers the option of dining in the ‘Times Square Room’. Allowing diners to enjoy one of the single most frequented sites in New York among tourists; the ‘Times Square Room’ is available for groups of six (06) to ten (10) for a ‘sea-perb’ seafood feast.

CIC Agri Businesses wins Gold at NCE Awards


H.G. Wajira Priyankara, Director, CIC Agri Produce accepting the Gold award at the NCE Awards
H.G. Wajira Priyankara, Director, CIC Agri Produce accepting
the Gold award at the NCE Awards
CIC Agri Produce Export (Pvt) Ltd, a part of CIC Agri Businesses recently won a highly acclaimed gold award in the Agriculture Value Added Small Category at the 22nd National Chamber of Exporters (NCE) Awards Ceremony. CIC has previously been awarded a gold award and silver award in 2012 and 2011 respectively in the same category.

CIC Agri Produce Export (Pvt) Ltd, produces rice of the highest quality for both the local and export markets. The company is known for producing many traditional rice varieties like Suwandel, Kaluheenati and Madathawalu. CIC’s speciality rice products are made using purified and genuine seeds which produce different varieties of rice and are supplied by strong and well established out-grower farmer network. The varieties include LOW GI (Glycemic Index) Red Basmati rice which is extremely popular among people who are health conscious. This Red Basmati rice is certified as a LOW GI product by the Baker IDI Heart and Diabetes Institute of Australia.  The rice variety was developed by CIC’s Research and Development team and similar products will enter the market in the near future. 

Sri Lanka Budget 2015

Sri Lanka Budget 2015
Sri Lanka Budget 2015

President delivers budget proposals for 2015

Sri Lankan President Mahinda Rajapaksa in his capacity as Finance Minister presented the National Budget 2015 to parliament today.

2015 Budget highlights:
  • President Mahinda Rajapaksa today announced a special tax which will be introduced for vehicle imports.
  • He also said that a US$ 100 casino entrance tax will be introduced.
  • Value-added tax (VAT) to be reduced to 11 per cent from the current 12 per cent.
  • Bank of Ceylon to be recapitalized by Rs 10 billion next year.
  • US$ 150 million to be reinvested on Sri Lanka’s national carriers SriLankan Airlines and Mihin Lanka in 2015.
  • Pay As You Earn Tax (PAYE) to be reduced to 12%.
  • Guaranteed price of paddy to be increased from Rs 34 to Rs 40 per kilogram  while seed paddy to be given free of charge to farmers.
  • Government to introduce pension scheme for apparel sector employees.
  • Fertilizer subsidy of Rs 350 to farmers will continue, President Rajapaksa said.
  • A monthly allowance of Rs 3,000 for kidney patients.
  • Funds to be allocated for mobile medical clinics in order to provide free medical checkups for every citizen.

Samsung refrigerators save energy and money with digital invertor technology

Samsung refrigerators have pioneered the use of Digital Inverter Compressor (DIC) technology
Samsung refrigerators have pioneered the use of
Digital Inverter Compressor (DIC) technology
Digital technology leader, Samsung Electronics is helping consumers save both energy and money with its range of digital invertor refrigerators. Samsung’s energy saving technology is tried and tested globally and most Samsung’s refrigerators now use state-of-the-art digital invertor technology to reduce their energy consumption by up to 36 percent. As a result, consumers are able to save energy and reduce their electricity bills at the same time.  

Commenting on the energy saving capabilities of Samsung’s refrigerators, H.K. Chang, Managing Director, Samsung Electronics India - Sri Lanka Branch Office stated, “Samsung refrigerators adhere to global energy saving standards and fulfil our commitment towards sustainability and the environment. In line with our philosophy of offering products based on consumer centric innovation, our range of refrigerators with digital invertor technology enables consumers to lower their consumption of energy which in turn reduces their electricity costs.  This energy efficient range further helps customers reduce their carbon footprint.”

Hameedia exclusive principal sponsor of the ‘Designer Wedding Show 2014’

Hameedia Wedding Collection
Hameedia Wedding Collection 
Continuously setting the benchmark in the fashion industry, Hameedia will once again be partnering with the ‘Designer Wedding Show 2014’ as the exclusive principal sponsor of the event. The highly anticipated fashion show will take place on 28 October at the Hilton Colombo and will showcase the most renowned designers and brands associated with weddings, bridal fashion and grooms wear in Sri Lanka.  

The ‘Designer Wedding Show 2014’ is being held for the sixth consecutive year and is organized by the Bride and Groom Magazine. The show is an exclusive annual event which features the latest wedding trends and designs created by Sri Lanka’s leading fashion designers and the best hair, make-up and beauty specialists in the country. As the exclusive principal sponsor of the show, Hameedia will showcase its entire range of wedding and the going away collection created for the fashionable and modern groom.