Business

ACL Cables launches new Mercury range for circuit protection devices, enhancing portfolio

Published

3 years ago

2020/10/21

ACL Cables PLC, the nation’s No. 1 cable manufacturer introduced ‘Mercury’ its latest range of circuit protection devices comprising of trip switches – miniature circuit breakers (MCB) and residual-current devices (RCD), and isolator main switches, enhancing its existing portfolio.

Mercury is being introduced and positioned to facilitate the price conscious customer segment within the market, also as an attractive and safe value for money circuit protection device. However, the current range recognised by customers as the VS series will be rebranded as Venus.

Manufactured according to stringent quality standards on par with the prevailing Venus range, the new Mercury device is also attractively priced.

The Mercury range consists of Single Pole MCB of 6, 10, 16, 20 and and 32 amperes and double pole 40 amp, 30 milliamp RCD and double pole 40 ampere isolators. The products are available in grey and yellow packaging.

The range is produced under strict supervision to comply with the best local and international standards on par with IEC 60898-1 i.e. standards published by the International Electrotechnical Commission (IEC) which are developed in a consensus process by experts from the participating countries.

ACL Cables initially commenced its distribution of circuit protection devices in 2014 and to-date the company has successfully completed six years.

Elaborating on the new product range Suren Madanayake, Managing Director ACL Cables PLC stated, “As a brand that always understands our customers and consumers we realised the need to facilitate a product that provides value for money. Mercury was purely designed based on extensive market research was untaken during the past six years and the product development process began as per such findings. This provided valuable insights on diverse customer needs in various geographical areas and as to how we should adopt our products accordingly. As a result we were able to design a product range of similar quality as our prevailing line but at a lower cost to match the requirement of such customer segments.”

Madanayake added, “I believe that Mercury series will provide positive results by creating high market acceptance. I would like to thank my research and development unit, factory personnel, sales and marketing teams for their collective collaboration and efforts in paving the way to launch Mercury to the market. I believe that all our prevailing customers as well as potential customers will purchase Mercury, ensuring this innovative range is a success too.”

Mercury circuit protection devices are currently available for purchase in the market through ACL Cables’ nationwide dealer and distributor network.

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Business

Oil prices rise as Saudi Arabia pledges output cuts – Opec+

Published

16 hours ago

2023/06/5

Priyan

(picture BBC)

Oil-producing countries have agreed to continued cuts in production in a bid to shore up flagging prices.

Saudi Arabia said it would make cuts of a million barrels per day (bpd) in July and Opec+ said targets would drop by a further 1.4 million bpd from 2024.

Opec+ accounts for around 40% of the world’s crude oil and its decisions can have a major impact on oil prices.

In Asia trade on Monday, Brent crude oil rose by as much as 2.4% before settling at around $77 a barrel.

The seven hour-long meeting on Sunday of the oil-rich nations, led by Russia, came against a backdrop of falling energy prices.

Total production cuts, which Opec+ has undertaken since October 2022, reached 3.66 million bpd, according to Russian Deputy Prime Minister Alexander Novak.

Opec+, a formulation which refers to the Organization of Petroleum Exporting Countries and its allies, had already agreed to cut production by two million bpd, about 2% of global demand.

(BBC)

Business

Manpower services agency wins accolades for its contribution to foreign employment sector

Published

19 hours ago

2023/06/5

Thilina Walpola

Siraj Cafoor, Managing Director of Siraj Manpower Services receives the award

Its MD says. ‘go abroad only if you can work hard’

Siraj Manpower Services, one of Sri Lanka’s leading foreign employment agencies, was honoured with the Three-Star Award at the ‘Golden Awards’ 2023, organised by the Sri Lanka Bureau of Foreign Employment (SLBFE). This award ceremony was organised to honour foreign employment agencies that have made a significant contribution to the development of the foreign employment sector, which is a major source of foreign exchange for Sri Lanka. Siraj Cafoor, Managing Director of Siraj Manpower Services, was presented with the award at the award ceremony which was held at the BMICH in Colombo under the patronage of Minister of Foreign Employment and Labour Manusha Nanayakkara.

Having been established in 2002, Siraj Manpower Services (www.sirajmanpower.lk) has earned a reputation in the field of foreign employment by winning the trust of customers for more than 20 years. It has been offering job opportunities in the Middle East countries such as Kuwait, Qatar, Dubai and Saudi Arabia, and Malaysia as housekeepers, drivers, sanitation workers, labourers and also jobs related to the apparel industry. All these workers are entitled to approved salary scales certified by the SLBFE.

“We always stand for the safety of workers who go abroad through our organisation. We work to solve the problems that arise in relation to the contracts that the workers have entered into. I must mention something special to those who go abroad for employment. That is, you should keep in mind that you go abroad only to work. Go abroad only if you can work hard. You have to remember that you are going abroad to earn some more money and achieve the advancement of your family.” said Siraj Cafoor.

Business

Direct flights between Istanbul and Katunayake to commence from August

Published

19 hours ago

2023/06/5

Thilina Walpola

A special discussion between Turkish Ambassador – Demet Sekercioglu and Minister of Ports, Shipping and Aviation – Nimal Siripala de Silva took place last week at the ministry office. The aim of the discussion was to seek authorization to commence direct flights from the Turkish Capital Istanbul to Katunayake, Sri Lanka. The Chief of Turkish Airlines’ South Asia Office Fathi Bozkurt was also present during the discussion.

Currently, Turkish Airlines connects with Sri Lanka through a route that includes a stopover in the Maldives, resulting in an additional travel time of one and a half hours. The delay caused by this routing is not favored by travelers, as emphasized by the Ambassador.

The Chief of Turkish Airlines requested for time and space to be allocated in order to initiate direct flights between Istanbul and Katunaike, thus providing convenience for Turkish tourists and travelers who prefer visit Sri Lanka.

The Minister announced that the request would be forwarded to the Director General of the Civil Aviation Authority of Sri Lanka and the Airport and Aviation Services (Sri Lanka) (Private) Limited. The aim is to establish direct flights between Istanbul and Katunayake starting from August this year.

Turkish Airlines, a renowned airline with a fleet of over 100 aircraft, offers flights connecting Europe’s Vancouver and New York. The Chief of Turkish Airlines said that the new service would not only benefit European travelers but also encourage them to travel to Sri Lanka.