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18,000 KF-94 face masks from Korea

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Ambassador Santhush Woonjin Jeong hands over to the Mayor of Colombo, Rosy Senanayake 18,000 KF-94 face masks which were donated by the Seoul metropolitan government

Ambassador Santhush Woonjin JEONG officially handed over 18,000 KF-94 face masks to Rosy Senanayake, Mayor of Colombo which were donated by the Seoul metropolitan government. The donation ceremony was held at the Colombo, Municipal Council.

Colombo Municipal Commissioner Roshani Dissanayake and Chief Medical Officer of Health Dr. Ruwan Wijayamuni attended this occasion.

The Seoul metropolitan government donated 18,000 KF-94 masks to its sister-city Colombo Municipal Council to contain and control COVID-19. The government of the Republic of Korea deployed these face masks as a gesture of diplomatic goodwill to deter the spread of COVID-19 here in Sri Lanka.

Her Worship Rosy Senanayake, Mayor of Colombo stated that Seoul and Colombo are sister-cities which share good bilateral relations. She recalled that during her visit to Seoul she was awarded an honorary citizenship which is a testament to the excellent relations shared by the two cities. She thanked His Excellency Ambassador Santhush Woonjin JEONG for the generous gesture of goodwill amidst COVID-19 by handing over face masks to the Colombo Municipal Council which is the frontline taskforce in Colombo. She further expressed her gratitude for providing technical assistance to the Colombo Municipal Council by extending a USD 7 million grant via KOICA to develop a comprehensive digital tax information system. She also commended Korea’s efficient mechanism to contain the spread of COVID-19.

Ambassador of the Republic of Korea to Sri Lanka, His Excellency Santhush Woonjin JEONG stated that he would like to make every effort to strengthen the relations between the two countries as well as to consolidate the ties between the two cities Seoul and Colombo.

He commended the frontline taskforce against COVID-19 for their dedication and hard work to combat COVID-19. “Since my arrival last July, I have observed the tireless efforts taken by the front liners who have been dedicated to the fight against COVID-19 for the Sri Lankan people including Korean residents. I have no doubt that the Korea and Sri Lanka will persevere because together we will overcome every hardship. The Republic of Korea will always stand with Sri Lanka in the battle against the pandemic.” He mentioned that the unwavering cooperation in these tough times is symbolic of the true friendship between our two countries.

Under the “Stay Strong” campaign against COVID-19, Korea and Sri Lanka have been strengthening Anti-Covid collaboration with each other. The government of the Republic of Korea donated COVID-19 Diagnostic Kits amounting to the sum of USD 300,000 to the government of Sri Lanka in December. Moreover, The Korean Embassy in Sri Lanka has shown its thankfulness by donating face masks last October to the Sri Lanka Army and Police who have dedicated themselves to protecting people in Sri Lanka including Korean residents amid COVID-19. The Ambassador expressed his commitment to strengthen the public health cooperation in the following year as well. He stated that “Korea and Sri Lanka have been true friends to each other. I hope we can work together to overcome this pandemic soon. I would really like to carry happiness (Santhush) to Sri Lanka. I love Colombo, I love Sri Lanka”.



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CBSL and IFC launch National Financial Inclusion Strategy

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Sri Lanka’s first National Financial Inclusion Strategy (NFIS) aunched recently, aims to make financial services more accessible, efficient, and affordable for all households and businesses in the country.

The NFIS is a joint effort led by the Central Bank of Sri Lanka—with technical and financial assistance from IFC, a member of the World Bank Group—under the IFC-DFAT Women in Work program. The development of this strategy was a multi-stakeholder effort supported by the government of Sri Lanka.

“The National Financial Inclusion Strategy symbolizes our country’s commitment towards a better and inclusive Sri Lanka that will benefit all individuals and enterprises. I believe this strategy will complement the Government’s efforts to minimize the provincial income disparities, urban-rural inequalities, and to promote inclusive growth,” said Mahinda Rajapaksa, Prime Minister of Sri Lanka.

“More importantly, this strategy prioritizes future generations, having identified financial literacy as a key pillar. The proposal to strengthen the national curriculum in this area is a positive step. Investing in the education of our younger generation is the most significant investment we can make as a nation, as this will be a particularly helpful approach to the systematic correction of the financial habits of Sri Lankans,” the Prime Minister said.

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HNB – Havelock City partnership offers exclusive Ezy Pay Home Loans facility

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HNB PLC has partnered with Havelock City mixed-use development project to offer prospective homeowners of state-ofthe-art luxury apartments in Stratford and Melford Towers (Phase 3 – COC certified) and Peterson and Edmonton Towers (Phase 4) with the exclusive Ezy Pay Home Loans facility.

The partnership is set to offer customers the unprecedented opportunity to make a payment of only 20% and immediately occupy the limited units available in Phase 3 of the project or invest in apartments available in Phase 4, scheduled to be completed by May 2021. Further, Havelock City will take on the customer’s interest payment for one year.

“We have witnessed an increase in the demand for apartments and are aware that there is a limited stock of units available in the heart of Colombo. Therefore, we hope that this partnership with Havelock City will offer our customers looking to invest in a home of their own the facility to either move into an apartment immediately or invest in a home of their dreams,” HNB Head of Personal Financial Services, Kanchana Karunagama said.

Prospective homeowners can make use the bank’s flexible repayment options, such as the Step-up facility, which offers a repayment option in line with the customers evolving income. Customers can also obtain a maximum repayment period of 25 years for the loan facility for an attractive interest rate starting from just 7%.

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DPL lends a hand to children in Monaragala Rubber Farming Communities

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As part of its ongoing efforts to empower and uplift the livelihood of its farmer co-operative societies, Dipped Products PLC (DPL) distributed school bags to the children of 1,500 smallholder rubber farmers for the 10th consecutive year, under its flagship Firstlight CSR project.

This year’s distribution recorded the largest donation of school bags, which was nearly a two-fold increase from the previous year, bringing the total value of the distribution up to nearly Rs. 1 million.

Taking place at the Pinwatta Bodimalu Viharaya in Medagama, Monaragala, this latest distribution marks the Company’s continued efforts to support the smallholder rubber farming communities, by ensuring that their essential needs are looked after.

“Especially in this time of economic uncertainty, with the nation facing significant challenges and hardships, it is truly touching to see the positive impact which we continue to have on the underprivileged smallholder rubber farming communities. We believe that programmes like Firstlight hold the key to enhancing the livelihoods of our 1500-strong rubber farmers, providing them with an improved quality of life, whilst paving the way to open up new opportunities and a brighter future. This is why, with the enthusiastic response we have received over the years, we have now also expanded this school bag distribution to include the District of Kegalle,” Dipped Products Deputy Managing Director, Pushpika Janadheera said.

 

 

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