Affordable shared working spaces with CO WORK at PARKLAND
R I L Property PLC recently launched CO WORK, a 3,000 square foot co-working space located on the 10th floor of the PARKLAND Building located on Park Street, Colombo 02. CO WORK was launched to provide affordable and state of the art smart working spaces for individuals and teams on a temporary, short term or long term basis. It was designed to provide customers with peace of mind work facilities with security, access to the facility through a touchless access system and comfortable COVID-19 compliant work stations.
Speaking at the launch for C0 WORK Hiroshini Fernando, Chief Executive Officer and Executive Director of R I L Property PLC stated that “We feel co-working spaces are fast becoming the norm as more companies are looking to “de-densify” their offices. Companies are looking at investing in convenient office spaces at the most affordable prices. At CO WORK we have included technology to revamp our workspaces such as hands-free check-ins and smart censored elevator buttons, etc. We have increased hygiene measures that would be critical for our customers to feel comfortable; this includes readily available sanitisers and plexiglas shields that have been installed between desks. Before the pandemic social distance and hygiene were support services relegated to the background, mostly when people weren’t occupying the space. Today, visible hygiene is a necessity in making customers feel comfortable in a shared space and we make it happen.”
CO WORK is a professional office set up that can be hired for a day, a week or months based on the need of the customer. Membership amenities include a private conference room, meeting rooms, complimentary coffee and water, high-speed Wi-Fi and access to a professional high-speed printer. Access to the location and its facilities is between 8.00 am to 8.00 pm, from Monday to Sunday, however, the facility will be accessible 24/7. It also offers ample parking, shower facility and a washing bay and the badminton court. Being located in the Parkland’s building allows members of CO WORK to avail special offers provided by the wide clientele based at the building, this includes a wide selection of restaurants and salons. Other services on offer at CO WORK include company secretarial and legal services.
Fernando further added, “With more people working from home CO WORK at PARKLAND allows companies to shed the burden of having to maintain and manage expensive office overhead costs. CO WORK offers a variety of membership options that start at Rs.1200 a day for a Hot Desk, with options ranging from dedicated work spaces and customised team seating within the open area. CO WORK also has the option of private offices that can be tailored to the customers’ requirement. We offer them the flexibility to rent office space to suit their seating needs for a period of time convenient to the organisation.”
Share investors worried over Wealth and Heritage tax
By Hiran H Senewiratne
CSE trading kicked off on a positive note yesterday but the momentum could not be sustained for long owing to investor worries that the government is planning domestic debt restructuring involving the imposition of a wealth and heritage tax on citizens, market sources said.
Amid those developments both indices moved downwards. The All -Share Price Index went down by 131 points and S and P SL-20 declined by 46.8 points. Turnover stood at Rs 3.4 billion with four crossings. Those crossings were reported in Agalawattte Plantations, which crossed 45.3 million shares to the tune of Rs 1.5 billion, its shares traded at Rs 35, CTC 420,000 shares crossed for Rs 269 million and its shares traded at Rs 640, Cargills 100,000 shares crossed to the tune of Rs 24.5 million; its shares traded at Rs 245 and Hayleys 300,000 shares crossed for Rs 24 million; its shares traded at Rs 80.
In the retail market top seven companies that mainly contributed to the turnover were, SLT Rs 234 million (two million shares traded), Hayleys RS 121 million (1.5 million shares traded), Lanka IOC Rs 106 million (115,000 shares traded), Softlogic Capital Rs 69 million (5.6 million shares traded), CTC Rs 65.3 million (101,000 shares traded), Sampath Bank RS 54.7 million (one million shares traded) and Commercial Bank RS 52.5 million (801,000 shares traded).During the day 164 million share volumes changed hands in 20000 transactions.
Brandix ‘RightToRead’ initiative gains momentum enriching Sri Lanka students and transforming learning
Inspired by the challenge to provide Sri Lankan children with better access to learning materials and the transformative power to read and comprehend English, Brandix launched the ‘RightToRead’ project in 2018 in collaboration with the Ministry of Education.
Accordingly, Brandix introduced the ‘ReadToMe’ English learning tool, created by English Helper – India, to improve reading and comprehension skills of Sri Lankan students. Last Monday, Julie Chung, the US Ambassador to Sri Lanka, visited Susamayawardhana Vidyalaya in Borella, to observe progress of the project and experience how children and educators in Sri Lanka engage with educational technology.
Brandix Lanka Limited, Director, Ajit Johnpillai, said: “Education is the most powerful tool to enrich communities and futures, and Brandix is committed to build a strong foundation for transformational learning for students across Sri Lanka. The progress we have made with RiteToRead over the past two years is promising, and the potential for change in the education sector harnessing such digital technologies is immeasurable. Brandix will continue its commitment to deliver Inspired Solutions for the people of Sri Lanka.”
Dialog TV Boosts Resilience and Capacity with Norsat Satellite Earth Station
Hytera, a leading global provider of professional communications technologies and solutions, is proud to announce the successful deployment of a new backup satellite station for Dialog TV, Sri Lanka’s No.1 satellite Pay TV service provider. The project was fulfilled in 2022 by Hytera and its subsidiary specialized in Satellite Communications (SatCom), Norsat International Inc. The new station enhances the resilience and capacity of Dialog TV’s existing system and ensures continuity of service in the event of damage due to natural disasters.
Dialog TV provides coverage over the entirety of Sri Lanka through the Intelsat 38 Ku-band satellite. As the business expanded, it opted for a backup solution to support its existing satellite station and to strengthen the network’s disaster tolerance.
Hytera and Norsat provided an end-to-end satellite earth station solution that includes the installation, integration, and setup of satellite antennas, a transmission and receiving system, a new network management system (NMS), and a carrier monitoring system (CMS). The NMS makes routine work easier and simpler for on-duty staff, as equipment status, parameter monitoring and configuration, and remote control of the devices can be viewed and accomplished via a single interface. The CMS monitors the carrier spectrum status of satellite signals in real-time and ensures stable signal transmission and receiving.
“We are excited to have been able to work with Dialog TV on this important project,” said Kevin Sun, Sales Director for Hytera South Asia, “Our ability to seamlessly integrate our new equipment and software with Dialog TV’s existing systems has helped to ensure a stable and reliable service for their millions of customers across Sri Lanka.”
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