Business

SLT-MOBITEL implements akazaLMS training platform for Unilever Sri Lanka sales force

Published

5 years ago

2021/08/21

SLT-MOBITEL, the National ICT solutions and Mobile Services Provider is supporting Unilever Sri Lanka, one of the largest fast-moving consumer goods companies in the country to empower and motivate staff by providing a flexible and comprehensive online training platform through SLT-MOBITEL’s cloud e-learning solution, akaza Learning Management Solution (LMS).

The launch was successfully held via a virtual platform recently with the participation of Unilever and SLT-MOBITEL personnel.

The akazaLMS solution was selected by Unilever Sri Lanka to launch its Customer Development Academy Platform to train its sales force. akazaLMS is a one-stop e-Learning solution catering to all training needs and recognised as Sri Lanka’s No 1 training platform. It is also the only fully automated ‘Software as a Service’ (SaaS) offering hosted locally on multiple cloud platforms and offered inclusive of the platform, infrastructure, and support.

The solution was developed in partnership with I-Context, an innovative digital education technology specialist. Notably, Unilever Sri Lanka is one of akazaLMS’s first customers to be deployed on the Azure Stack Cloud.

Implementing akazaLMS via the Azure stack cloud provides robust infrastructure and greater flexibility. Azure Stack also provides necessary governance and compliances Enterprises are looking for with data residing inside the country. In addition, Akaza MultiCloud powered by Azure stack offers better latency and faster access to users spread across the country.

Commenting on the launch, Mr. Janaka Abeysinghe, Chief Enterprise & Wholesale Officer of SLT said, “We are pleased that Unilever Sri Lanka has selected akazaLMS to drive its eLearning initiatives. Enterprises in Sri Lanka are now conscious of the value delivered by cloud services. We are witnessing a significant surge in the cloud adoption across various industry sectors and SLT-MOBITEL is excited to support Unilever’s journey in utilizing the akazaLMS platform to deliver an integrated learning experience to their modern workforce, across all stages.”

Elaborating on the partnership, Aruna Mawilmada, Customer Development Director of Unilever Sri Lanka stated, “As a leading FMCG company with an active sales force, it is vital for us to equip our people with updated skills and knowledge, and elevate their capabilities to drive our business. With the prevailing pandemic and safety guidelines in place, the best way to drive our training and development goals and lead our purpose building platforms is by developing virtual training portals. As such, we consider it a great opportunity to partner with SLT- MOBITEL, to achieve these ambitions seamlessly.”

With akazaLMS, the Unilever Training and Development team will be able to optimize their training delivery. Trainings in compliance to standards and certifications can be offered to staff across multiple locations via distance learning, reducing logistical costs incurred as a result of programmes conducted at physical locations. Staff can also be provided with immediate access to resources, and the flexibility to learn at their own pace, which not only supports them in achieving their business goals but also serves to empower and motivate them.

AkazaLMS offers a series of dynamic features and benefits to support corporates to establish an eLearning environment within their organisation. With its SaaS offering and self-care portal, akazaLMS can be rapidly deployed online with no capital investment and is cost efficient with pricing based only on consumption. Interested corporates can easily set up a trial account immediately and test the product in-house at no extra charges. AkazaLMS also offers multi-device support and enables corporates to conduct online examinations and award online certifications. Information on offerings and details to sign-up may be obtained by visiting http://akazalms.lk/.

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Business

Sri Lanka secures IMF staff-level deal for USD 700 million tranche

Published

3 hours ago

2026/04/10

Thilina Walpola

Sri Lanka has reached a staff-level agreement with the International Monetary Fund to secure the next tranche of funding under its ongoing bailout programme, marking a key step in the country’s fragile economic recovery.

The agreement, announced this week, will enable Sri Lanka to access approximately USD 700 million, subject to approval by the IMF Executive Board. The funds form part of the USD 2.9 billion Extended Fund Facility (EFF) programme agreed following the 2022 economic crisis.

The latest development covers the combined fifth and sixth reviews of Sri Lanka’s reform programme, indicating that the country has made sufficient progress to move forward, while highlighting the need to sustain reform efforts.

Sri Lanka’s economy has shown signs of stabilisation in recent months, supported by improved revenue collection, easing inflation, and a gradual buildup of foreign reserves. However, the recovery remains vulnerable to both domestic and external pressures.

By Ifham Nizam

Business

Israeli attack on Lebanon triggers local stock market volatility

Published

4 hours ago

2026/04/10

Thilina Walpola

Initially CSE trading was somewhat volatile despite the ceasefire in West Asia but it experienced further volatility after Israel attacked Lebanon yesterday.

However, the IMF delegation which is now in Sri Lanka to release two tranches of its relief package created some positive sentiments for the market, analysts said.

The All Share Price Index went down by 73.06 points, while the S and P SL20 rose by 10.57 points.

Turnover stood at Rs 2.96 billion with six crossings. Those crossings were: JKH 5.5 million shares crossed to the tune of Rs 807.6 million and its shares traded at Rs 19.70, CIC Holdings two million shares crossed for Rs 54 million; its shares traded at Rs 32, Access Engineering 600,000 shares crossed for Rs 44.4 million; its shares traded at Rs 74, Central Finance 116,000 shares crossed to the tune of Rs 27.5 million ; its shares sold at Rs 237, LMF 250,000 shares crossed for Rs 22.8 million; its shares fetched Rs 91.10 and Kelani Cables 200,000 shares crossed for Rs 21 million and its shares traded at Rs 105.

In the retail market seven companies that mainly contributed to the turnover were; Dialog Rs237 million (7.5 million shares traded), LMF Rs 203 million (22 million shares traded), Colombo Dockyard Rs 199.7 million (1.1 million shares traded), HBA Foods Rs 163 million (18.5 million shares traded), JKH Rs 156 million (7.8 million shares traded), JKH Rs 156 million (7.8 million shares traded), Softlogic Holdings Rs 117 million (9.6 million shares traded) and Acme Printers Rs 107 million (15.6 million shares traded). During the day 133.3 million share volumes changed hands in 23666 transactions.

It is said that manufacturing sector counters, like JKH, performed well, while food sector counters, especially LMF and HBA Foods, performed well. Other sectors too performed somewhat well during the day.

Yesterday the rupee was quoted a Rs 315.42/48 to the US dollar in the spot market from 315.30/40 the previous day, dealers said, while bond yields were quoted higher.

By Hiran H. Senewiratne

Business

HNB Assurance marks 25 years with strategic transformation to ‘HNB Life’

Published

4 hours ago

2026/04/10

Thilina Walpola

Highlights from the new brand reveal as HNB Assurance transforms into HNB Life

Marking 25 years of trust, growth, and service excellence, HNB Assurance PLC has unveiled its new corporate identity, transitioning to HNB Life PLC a strategic evolution that reflects the company’s forward-looking vision and commitment to empowering lives with protection and the freedom to thrive, no matter where life takes them.

This milestone signifies more than a change in name or visual identity. It represents a deliberate transformation shaped by strong performance over the past few years, during which the company has achieved remarkable growth, strengthened its market position and enhanced its customer-centric capabilities.

The newly introduced logo, inspired by the form of a wing, symbolises HNB Life’s role as a proactive enabler. It reflects the organisation’s commitment to supporting individuals in navigating life’s journey with confidence, empowering them to pursue their aspirations and live life on their own terms.

The official unveiling took place at a launch event attended by key stakeholders, strategic business partners, well-wishers and employees.

Addressing the gathering, Chairman, Stuart Chapman highlighted the significance of this transformation, stating, “As we mark 25 years of progress, the transition to HNB Life reflects our strategic intent to evolve with the changing needs of our customers and the broader market. This new identity embodies our purpose, to enable and empower individuals to achieve what they truly aspire to in life, with confidence and security. As a company we are extremely excited on what the future holds for as, as we build on an incredible foundation laid over the past two and a half decades.”

The new Vision of the Company is “To be the leader in empowering lives with protection and freedom to thrive, no matter where life takes them”.