Business
The Saints to Go Marching this 28th and 29th April at the SSC
89th Battle of Saints powered by Dialog
One of the most competitive big matches played in Sri Lanka, the 89th edition of the ‘Battle of the Saints’, powered by Dialog Axiata PLC, played between premier Catholic boys’ schools, St. Joseph’s College, Colombo and St. Peter’s College, Colombo for the Rev. Father Maurice J. Le Goc Trophy, will be battled in its full glory at the SSC on the 28th and 29th April 2023.
Due to the unprecedented times in the last two years owing to the COVID-19 pandemic the matches were played behind closed doors for the safety of players, however with the easing of COVID-19 restrictions the Joint Match Organising Committee of the ‘Battle of the Saints” under the guidance of the Rector/Principal of the two respective schools have decided to play the 89th edition in full attendance of students, old boys and well wishers.
Dialog Axiata PLC has made arrangements to broadcast the matches live on Dialog Television channel number 70, and via live stream on Thepapare.com and the Dialog ViU app.
The ‘Battle of the Saints’, which is renowned for its exciting and competitive brand of cricket is the only annual two-day cricket encounter that strategically limits the first innings to 60 overs each to create greater interest and result orientation. In the 2023 encounter the lads from Darley Road will be led by wicket keeper batsman and Sri Lanka U19 player Sadeesh Jayawardena, while the boys from Bambalapitiya will be under the captaincy of batting allrounder, Nimuthu Gunawardana.
“The Joe-Pete is one of the most anticipated annual encounters in Sri Lanka’s schools’ cricket calendar and I’m pleased that 89th edition of our beloved encounter will be played in its past glory,” Rev. Fr. Rohitha Rodrigo, the Rector of the hosting school, St. Peter’s College, Colombo, said. “I take this opportunity to thank our long-term partner Dialog Axiata for being with us during good and challenging times.”
Rev. Fr. Ranjith Andradi, Rector of St. Joseph’s College, Colombo, said, The Battle of the Saints between St. Peter’s and St. Joseph’s has a long and rich history of tradition as two of the leading Catholic schools in Sri Lanka.”
I am sure both teams will play exciting cricket to bring excitement for both young and old Peterites and Josephians. I wish both the schools and their respective captains the very best to deliver two days of exhilarating cricket.
St. Joseph’s College leads the series tally with 12 wins, their last win coming under the captaincy of Ruwantha Fernandopulle in 2008, while St. Peter’s College were the winners of the 2016 encounter under Vinu Mohotty, bringing their tally to 10 wins, which ensured the Rev. Father Maurice J. Legoc Trophy was kept securely in the trophy cabinet at Bambalapitiya.
The highly anticipated Josephian-Peterite limited overs match played for the ‘Fr. Peter A. Pillai Memorial Trophy’ which was the first one day encounter among schools commencing in 1975, has always attracted the highest number of spectators for a school’s 50 over cricket match is scheduled to be played on the 30th of April 2023 at the SSC Grounds, Colombo. The Josephian’s lead the one-day encounter 24-21 with 2 matches ending with no result and one game with a tie . In last year’s encounter the boys from Bambalapitiya edged out the Josephians in a closely contested game.
The two schools have produced many National Caps. Current Sri Lanka test skipper Dimuth Karunaratne, Angelo Mathews, Chaminda Vaas, Dunith Wellage, Thisara Perera, Ashley De Silva,
Michael Van Dort, Roshen Silva, Priyamal Perera and Sadeera Samarawickrama are the J sephians who represented Sri Lanka while the Peterites are Roy Dias, Rumesh Ratnayake, Vinodhan John, Amal Silva, Russel Arnold, Kaushal Lokuarachchi, Malinda Warnapura, Angelo Perera and Janith Liyanage.
This year Janatha Steel has strengthen the JoePete as the Platinum Sponsor for 2023 edition. JoePete 2023 edition has also attracted many other sponsors Keells Krest, Elephant house, CBL, Maggie, Daraz, HNB, Uber and Singer Sri Lanka for its vibrant brand of schools cricket. currently Josephinas are the Under 19 Inter School Division One Tier A 2 Day Joint Champions.
Dialog Axiata is the proud sponsor of the Sri Lanka National Volleyball, Netball and Esports teams. The Company also has a close association with the President’s Gold Cup Volleyball, National Junior and Senior Netball tourneys, Schools Rugby, Premier Football and Paralympic sports by powering the Army Para Games, National Para Games and the Sri Lankan contingent to the World Paralympic Games.
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
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
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”.
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