Business
Pan Asia Bank’s ‘Business Internet Banking’ helps people adjust to the new normal
Accelerating its digital transformation journey, Pan Asia Bank has re-launched its ‘Business Internet Banking’ as a better and improved version of the current Corporate Internet Banking platform, extending convenience and ease of use to its valued customers.
Customers can also perform fund transfers and bill payments whilst passing it through the necessary approval process without having to visit the bank or the merchant. They can even set up and manage scheduled transactions and request for cheque books and Real Time Gross Settlement (RTGS) without having to visit the bank.
Senior Deputy General Manager of Pan Asia Bank, Naleen Edirisinghe, said, “Pan Asia has designed the new value added Business Internet banking version taking into consideration the most pressing requirements of Sri Lankan business owners when it comes to conducting their internet banking transactions. One of the main features that Pan Asia Business Internet Banking offers compared to its predecessor is that it has multi-level authorizations catering to the need of corporate clientele. Pan Asia Bank’s new Business Internet Banking empowers customers so that they can create their own logins without any extra cost or having to visit the bank each time they need a new one, offering time savings.”
The salient features of the new Pan Asia Business Internet Banking encompass multi-level authorization; create users without visiting a branch; fund transfers (to any local banks); utility bill payments; set up standing order online; secured messaging option; RTGS request; cheque book request and view account balance/history.
Mr. Naleen Edirisinghe added, “Saving customer’s valuable time, the new Business Internet Banking allows them to be in touch with the bank with an in-built secure messaging option. Most of all, this service is free of charge for all customers as there is no annual or joining fee.”
Business owners can download the Business Internet Banking application from the Pan Asia Bank website and hand over the required documents to their nearest Pan Asia Bank branch. They can also directly contact Pan Asia Bank Business Internet Banking Unit via (011) 4667703 for any inquiries. The new Pan Asia Business Internet Banking solution is ideal for the Bank’s corporate clientele consisting of sole proprietorships, partnerships, clubs and societies, NGOs, limited liability companies etc., who will be able to use the above features to fulfill their business needs and manage their accounts and cash flows. Pan Asia Bank offers an array of financial and services to create value and to deliver high results for corporates.
Pan Asia Bank was recently recognized as the Runner-up in the ‘Product Innovation’ category of the ‘Client Innovation Awards 2020’, held by Infosys Finacle. This accolade is a testimony to the bank’s commitment to drive innovation and continuously enhance customer engagement and service.
Business
From Mt. Fuji to Sri Pada: Lessons from a father-son climb
by SK Samaranayake
For Daham Gunasena, reaching the summit of Mt. Fuji with his 12-year-old son was not the end of the journey but the beginning of a different kind of lesson.
Gunasena, Director – Commercial at SPAR Sri Lanka and a senior business leader, academic and Chartered Accountant, spent nearly 12 hours on August 19 climbing Japan’s highest mountain with his son, Methum. After eight hours of climbing, the pair reached the 3,776-metre summit before beginning a demanding four-hour descent to Fujinomiya 5th Station.
“The summit was only halfway,” Gunasena reflected, describing the experience as a lesson in preparation, perseverance and responsibility.
Their journey began two days earlier with a trial excursion to the 6th Station and the volcanic landscape around Mt. Hoei. The experience allowed Gunasena to assess the altitude, terrain, weather and equipment before deciding whether his son was ready for the summit attempt.
The climb itself reinforced the value of taking one step at a time. Rather than focusing on the distant summit, father and son concentrated on the next marker, the next few steps and short periods of rest.
Reaching the summit brought another lesson. After taking photographs and celebrating, they still had four hours of descent ahead of them over loose volcanic terrain.
“Reaching the top was an achievement. Returning safely was success,” Gunasena said.
The experience also prompted him to reflect on how Japan manages Mt. Fuji, including visitor education, digital information, sanitation, transport, safety and environmental protection.
Having climbed Sri Pada 12 times last year and five times so far this year, Gunasena sees opportunities to apply some of these principles in Sri Lanka without compromising the mountain’s unique pilgrimage traditions.
He suggested a comprehensive digital platform for Sri Pada providing information on weather, congestion, transport, sanitation, first aid and emergencies, while educating foreign visitors about its religious significance.
For Gunasena, however, the most enduring lesson was personal: a mountain can teach what lectures cannot—through preparation, perseverance, respect for nature and the shared experience of taking each step together.
Business
FLIR, Marlbo promote smarter industrial maintenance
Sri Lankan industries are being encouraged to adopt advanced condition monitoring technologies to detect equipment problems before they develop into costly failures, as global technology company FLIR and its local partner Marlbo Trading Company strengthen their collaboration.
The companies brought together industry professionals at a technical seminar held on August 20 at Taj Samudra, Colombo, focusing on the use of thermography and acoustic imaging to reduce unplanned downtime, improve energy efficiency and lower maintenance costs.
Organised by Marlbo under the theme “Condition Monitoring Using Thermography and Acoustic Imaging for Measurable ROI,” the seminar highlighted the growing importance of proactive and predictive maintenance in improving equipment reliability and operational efficiency.
FLIR Sales Director – Instrumentation, India, Bhaskar Lala, and APAC Condition Monitoring Specialist David Gambarte shared their expertise on the latest diagnostic technologies and their practical industrial applications.
Thermal imaging can identify abnormal heat patterns linked to electrical and mechanical faults, while acoustic imaging can detect problems that may go unnoticed during routine inspections.
The technology is particularly useful in identifying compressed-air leaks, which can cause significant energy losses and increase operating costs.
Shevon Liyanage, Engineer – Measuring Instruments at Marlbo, also shared insights into applying condition monitoring technologies in the Sri Lankan industrial environment.
Business
Lumbini Tea Valley wins intl award for Singharaja Wirytips
Lumbini Tea Valley Ceylon won an award for its Singharaja Wirytips at The Leafies: International Tea Awards held in London in 2024, marking another international recognition for the Sri Lankan tea producer.
The award comes as the company marks two decades of direct exports, with its premium and organic Ceylon teas now reaching 35 countries across six continents.
Established in 1984, Lumbini Tea Valley began its direct export drive after Chaminda Jayawardana joined the family business in 2000 alongside his father, Dayapala Jayawardana. The initiative materialised in 2006 with the company’s first direct shipment—a 15-kilogram consignment of Flowery Broken Orange Pekoe (FBOP) tea to the United States.
Since then, the company has expanded its direct-export operations, which now account for around 20% of its total manufacturing output. Following its transition to organic production, approximately half of its organic tea output is exported directly by the company.
Its key export markets include Japan, the United States, France, the Netherlands, Switzerland and Australia, with direct shipments now reaching 35 countries.
The company said its direct-export model would continue to expand amid growing international demand for traceable, single-origin Ceylon tea, with premium and organic grades at the centre of its export strategy.
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