Business
Turning back the clock to 20/20 vision with refractive surgeries (Lasik and Lasek)
It is no surprise that most people reduced to wearing eyeglasses or contact lenses due to visual restrictions, would love to turn back the clock to days of 20/20 vision. Without the daily hindrances of glasses or lenses, life is just that bit more freeing, enjoyable and unhampered by a constant demand.
For over 25 years now, refractive surgeries such as Lasik (Laser In-Situ Keratomileusis) and Lasek (Laser Assisted Sub-Epithelial Keratectomy), has been a place of refuge and miracle for many looking to restore their vision to its former glory. But there are still others that have not heard about these procedures, while many more lack full awareness of the process, famed for its quick results and painless nature. It should however be mentioned, that while many undergoing Lasik or Lasek achieve 20/20 vision, some still eventually might require glasses for driving at night or even reading as they age.
However, not all who want to refractive surgery qualify to receive it. Patients should be between the ages of 18 to 45 with generally healthy eyes and cornea free of disease. They are first screened thoroughly and asserted that they have suffered from stable refractive errors for atleast one year, with nearsightedness, farsightedness or astigmatism, while their cornea is also measured for thickness and structural normality. Those who are pregnant or nursing also do not qualify to refractive surgery within this period.
Refractive Surgery consists of three parts, and is performed on an “outpatient basis” on the day of the surgery. First, anesthetic eye drops are administered to numb the eye to accommodate a comfortable, painless surgery experience for the patient. The eyelids will be then be kept open by a device called a ‘speculum’, while the patient is requested to fixate his vision on a red light during the procedure.
In Lasik Surgery, a thin flap of corneal tissue is peeled off with one end of it still attached to the cornea, after which the cornea is reshaped to suit individual requirements by Excimer laser. Thereafter, excimer lasers create a cool light beam to remove microscopic amounts of tissue from the cornea to reshape it so light entering the eye focuses more accurately on the retina for improved vision. For nearsighted people, the goal is to flatten the cornea; with farsighted people, a steeper cornea is desired. Excimer lasers also can correct astigmatism by smoothing an irregular cornea into a more normal shape.
Afterwards, the cornea flap is placed back on the cornea (like a door being closed), allowing the flap to adhere to its original position within five minutes. This enables the procedure to end in just a few short minutes, and paves the way for greatly improved vision over the next days. A day of rest is generally prescribed, although it is usually recommended that one refrains from any strenuous exercise for at least a week, since this can affect healing.
For patients undergoing Lasek Surgery, generally those with a thin cornea or with pre-existing medical conditions, an alcohol solution is put onto the surface of the eye and an ultra-thin sheet is applied. This alcohol solution loosens the thin layer of cells on the eye’s surface called the epithelium. These cells then stick to the sheet, which is then gently moved to the side of the eye, giving the surgeon access to the layer of the cornea which will be treated by the laser. Generally, Lasek Surgery takes a longer period of recovery than its counterpart Lasik.
Leading private healthcare provider, Nawaloka Hospitals, operates a state-of-the-art Lasik Centre in Colombo that has so far successfully performed over 12500 successful refractive surgeries. The centre is currently the only one-stop Lasik treatment centre in the country, enabling patients to get all the diagnostic, treatment and surgery procedures completed at one location. It is operated and lead by a team of experienced and highly skilled eye surgeons and healthcare staff, aided by a fully-equipped unit fitted with the most advanced machinery and technology capable of performing extremely delicate treatments. Nawaloka Lasik Centre offers Lasik for refractive errors, Corneal Collagen Cross Linking Treatment for Keratoconus (CXL), Corneal Collagen Cross Linking Treatment with Trans Epithelial Riboflavin Solution, Topoguided PRK, Topoguided PRK with corneal collagen cross linking treatment and Lasik extra.
Business
ADB approves $100 million loan to boost skills development and jobs for youth in Sri Lanka
The Asian Development Bank (ADB) has approved a $100 million results-based loan to help Sri Lanka transform its technical and vocational education and training (TVET) system, equip more young people with industry-relevant skills, and strengthen the country’s competitiveness and inclusive growth.
The Skills Development System Transformation Program will support the Government of Sri Lanka’s efforts in improving the quality and relevance of skills training, strengthening links between training providers and industries, and expanding employment opportunities for youth. The program will increase women’s employment opportunities in nontraditional jobs in fields including automotive technology, engineering, information and communications technology, construction, and renewable energy.
“A skilled workforce is essential to Sri Lanka’s long-term economic transformation and competitiveness,” said ADB Country Director for Sri Lanka Shannon Cowlin. “This program will help create stronger pathways from education to employment by making training more responsive to industry needs, expanding opportunities for young people and women, and ensuring that graduates have the skills required by a modern and evolving economy.”
Though Sri Lanka’s economy is recovering, it faces skills shortages in priority sectors, high youth unemployment, and low female labor force participation. Many employers report difficulty finding workers with the skills needed in a changing economy.
Aligned with the Government of Sri Lanka’s Technical and Vocational Education and Training Sector Strategic Framework 2026–2035, the nationwide program will be implemented from 2027 to 2031 and is expected to directly benefit more than 100,000 young people through improved access to quality, employment-oriented training.
Business
USD 40.84m pipeline to secure aviation fuel supplies to BIA
By Ifham Nizam
The government has cleared a USD 40.84 million and Rs. 8,548.75 million contract to build a dedicated aviation fuel pipeline from Muthurajawela to Bandaranaike International Airport (BIA), alongside a massive new fuel storage facility with a capacity of 92,000 cubic metres.
Energy Minister Anura Karunatilaka said the project represented a major investment in strengthening the infrastructure underpinning Sri Lanka’s aviation fuel supply and ensuring more reliable fuel availability at the country’s main international airport.
‘This project will provide the infrastructure required to strengthen the reliability and continuity of aviation fuel supplies to Bandaranaike International Airport, Karunatilaka said.
The contract has been awarded to China Petroleum Pipeline Engineering Company Limited, following an international competitive procurement process in which three bids were received.
The project will see a new aviation fuel storage tank complex constructed at Muthurajawela, together with the associated infrastructure required for handling and transferring aviation fuel.
Business
CSE activity up, turnover weak at Rs. 1.4 billion
By Hiran H Senewiratne
Trading activity on the Colombo Stock Exchange (CSE) gathered pace yesterday as global fuel prices began to show signs of easing, according to market analysts.In this context, both indices moved upwards. All Share Price Index up by 67.97 points while S and P SL20 up by 8.30 points.
Turnover stood at Rs 1.4 billion with seven crossings. Those crossings were reported in Sampath Bank 1.7 million shares crossed to the tune of Rs 238 million and its share price traded at Rs 140, Access Engineering two million shares crossed to the tune of Rs 159 million and its share price traded at Rs 79.50, LOLC one million shares crossed to the tune of Rs 129 million and its share price traded at Rs 129, HNB 100,000 shares crossed to the tune of Rs 38.4 million and its share price traded at Rs 384, JKH 1.9 million shares crossed to the tune of Rs 35 million and its share price traded at Rs 18.60, Hayleys 100,000 shares crossed to the tune of Rs 22.50 million and its share price traded at Rs 225 and Richard Pieris 847,000 shares crossed to the tune of Rs 22 million and its share price traded at Rs 25.50.
In the retail market top seven companies that have mainly contributed to the turnover were Sampath Bank Rs 114 million (813,000 shares traded), JKH Rs 100 million (5.3 million shares traded) LB Finance Rs 49 million (325,000 shares traded), HNB Finance Rs 30 million (27 million shares traded), HNB Rs 27 million (70000 shares traded), NTB Rs 25 million (82000 shares traded ) and Lanka IOC Rs 21 million (666,000 shares traded). During the day 65 million shares volumes changed hands in 10433 transactions.
The Banking and manufacturing sector counters performed well. In the banking sector Sampath Bank let the market while manufacturing sector especially JKH also significantly performed well. With the fuel revision Land IOC also a significant stock at the floor.
Meanwhile, First Capital Treasuries said that Ramesh Schaffter resigned as a Non-Independent Non-Executive Director with effect from October 1, to facilitate the restructuring of the company’s board.
Yesterday the Central Bank announced the US Dollar rate as against rupee. The rupee was quoted flat at Rs 330.65/80 to the US dollar in the spot market , while bond yields dropped, dealers said.
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