Ceylinco General Insurance announced that its novel online competition – ‘Ceylinco VIP Cyber Tharu’ – which was promoted over a period of four months, concluded successfully with the announcement of the Grand Prize winners last week.
Mathinathan Loganathan, who received 56,600 votes, won the Singing competition, and Team Agini, which received over 77,000 votes, was selected as winners of the dancing segment. Both winners received handsome cash prizes whilst six randomly picked voters too were rewarded with valuable cash prizes. They were randomly selected amongst over 375,000 voters who enthusiastically and actively participated in the voting process.
Mr. Patrick Alwis, Chairman/CEO of Ceylinco General Insurance said, ‘’We thank all those who participated in the ‘Ceylinco VIP Cyber Tharu’ competition. We are overwhelmed by the enthusiasm and the interest shown by the contestants. This time, our effort was to organize an online competition that provides an opportunity for Sri Lankans to display their talent and also to identify hidden talents whilst rewarding them.
“This was a novel concept and the competition was initially announced through social media platforms: Facebook, Instagram, Twitter, You Tube, as well as LinkedIn, and was embraced by many, specially talented youngsters to showcase their talents”.
The competition was held in two stages and initially contestants were encouraged to send in their entries within a stipulated time period. They were given the opportunity to participate individually, as a family, or a group. Subsequently, the entries were scrutinized by an independent and imminent panel of judges comprising of industry professionals, Bhathiya Jayakody & Santhush Weeraman, Pooja Umashankar and Ramod Malaka.
“The uniqueness of the competition was that the selected performances were sent back to the contestants for them to post them on their individual social media platforms. Thereafter, they encouraged their friends and followers to vote for them through the website. Accordingly, the contestants that received the highest number of votes were announced as winners,” a Ceylinco news release said.
‘Dollar reserves in SL plummet drastically, putting the economy in jeopardy‘
By Steve A. Morrell
Sri Lanka’s dollar reserves have declined from $ 7.15 billion in 2019 to $ 2.8 billion currently. The President conceded economic failures although reasons for such failure were not explained, chairman, National Chamber of Industries (CNCI) Canisius Fernando said.
Fernando added recently at a forum: “Forex reserves are insufficient to expedite payment of import bills. More so that cost incurred on container traffic for imports and or exports was on a rising spiral. In comparison to cost of container shipping recorded at $ 2,800 earlier, it is now $ 12,000, indicating a rise in multiples of 250.
“Additionally, the Generalized System of Preferences (GSP +) affecting our trade with EU countries, placed Sri Lanka’s reputation at a risk, meaning that countries could veer away from Sri Lanka prompted by a possible inability to honor our trade commitments. The clear example being trade with the US. Rather than await goods and services transactions with Sri Lanka, that could invariably take three months, US economists and their trade sector opted to transact trade with countries in close proximity to US shores.
“Dearth of container traffic and rising cost for on- loading and off- loading of cargo seriously affect trade imbalances. Consequently, the credit worthiness of the Sri Lankan economy is affected, which in turn seriously affects the GDP.
“Worker wages which were static because of trade shut- downs caused demands for increased wages. Wage demands of Rs 1,500 from employees became a major phenomenon in most sectors. The question at issue was the hypothetical position of business establishments of about 4000 employees demanding increased wages. This would cause closure of those companies resulting in unemployment.
“The proverbial domino effect of such repercussions would cause further chaos in the economy.
“There was no proper policy in most sectors. Suspension of the import of fertilizer and consequent confusion would, in the short run, result in famine and food shortages. Already this was evident in the public panic caused by having to stand in line to purchase essentials. That the crisis is upon us and the question of a quick solution is not feasible in the current context of the economy.
“Foreign investors are lured by the possibility of cheap labour in Sri Lanka to establish their businesses here, but in this instance too, this is only a hypothetical situation but not the reality.”
Supuni Products gives back by way of welfare initiative, helps to uplift the needy patients with chronic illnesses
Supuni Products first started in 2016 when the business proprietor, Supuni Lakmalie along with her husband only had Rs. 150 as investment. With that small amount, they purchased kollu (lentils) and kurakkan and ground them using a grindstone. This was the beginning for them and today, Supuni Products is a booming enterprise that specializes in ground spices and cereal, operating from the town of Nildandahinna, Walapane. Their products are of very high quality and 100% natural and consists of 15 different spice and cereal products including chilli, coriander, turmeric, pepper, curry powder, kurakkan, lentil (kollu) etc.
In 2018, Supuni Products received the opportunity to supply kurakkan flour and cereal to be included into the Poshana Malla, which is a nutrition package prepared for pregnant women, instigated by the government. The success of their business was such that they were able to gain an equity of over Rs. Four million during the past three years.
As part of a welfare initiative, they have also pledged to allocate one rupee for every kilogram of product sold, towards supporting patients with financial difficulties and require emergency surgery and for those with chronic diseases. While having had to run a business in the confines of their own home, the grant offering they received from the enterprise project allowed them to complete construction work of their new factory. She now hopes to expand the business, improve their supply chain, and create new employment opportunities.
Dialog Enterprise offers Dell Technologies Cloud IaaS in Sri Lanka
Dialog Enterprise, the corporate solutions arm of Dialog Axiata PLC, is working with Dell Technologies Cloud Solution Provider (CSP) in Sri Lanka to offer Dell Technologies Cloud Infrastructure-as-a-Service (IaaS) solutions to customers to innovate and scale rapidly, reduce costs and increase performance of business-critical infrastructure.
“Together, with our combined forces, we bring the only hybrid multi-cloud partnership in the country, giving access to private clouds as well as to our existing public cloud, and for on-premises infrastructure, robustly powered by Dell Technologies and VMWare. Envisioning a one-stop multiservice solution for all enterprise requirements, we strive continuously to keep to the changing landscape strengthening the cloud play in the arena,” said Navin Pieris, the Vice President – Enterprise Business and Large Enterprise Sales, Dialog Axiata PLC.
Rather than making capital investments in hardware, storage and servers to maintain them, enterprises can harness and scale IaaS resources when needed, paying only for infrastructure services they consume. Mitigating and allowing for any threat of data loss, the cloud partnership also offers cyber recovery as a service with a guaranteed uptime of 99.95%, end-to-end management of data centers and 24×7 support with zero operational burden on the customer. Ensuring the same standardization, self-service, automation and analytics capabilities that exist in the public cloud, the partnership facilitates secure private clouds for customers along with servers, storage and customized enterprise, private and/or public cloud solutions as required by enterprises.
JVP, too, moves court against deal with US company
Govt. in dilemma over anti-terrorism law:
West Indies campaign in disarray after back to back defeats
7-billion-rupee diamond heist; Madush splls the beans before being shot
The Burghers of Ceylon/Sri Lanka- Reminiscences and Anecdotes
Unfit, unprofessional, fat Sri Lankans
Sports5 days ago
Mahela leaves Sri Lanka team with a heavy heart
Features6 days ago
‘Killi’ Rajamahendran: One of a kind
Life style3 days ago
The poem Neruda never wrote
Features4 days ago
Travellers and traders: Muslims of Sri Lanka
Sports6 days ago
Daniel anchors Sri Lanka Under 19s as hosts seal series
news5 days ago
Imported liquid Nano-Nitrogen fertiliser not organic, says a group of academics
Features2 days ago
How many roads must a man walk down?
Features6 days ago
Didi’s campaign theme song based on Yohani’s ‘Menike Mage Hithe’ Are we patriotic as a nation?