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DFCC Bank wins Tactical Campaign Innovator of the Year award

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Standing from left to right: Nimesh Dasanayake - Executive – Partnerships, Daraz, Sandamina Rajapaksha - Senior Manager – Prepayments, Daraz, Dulika Jayamanne - Head of Partnerships, Daraz, Rakhil Fernando - Managing Director, Daraz, Denver Lewis - Vice President/ Head of Card Centre, DFCC Bank, Roy Amalton - Manager Cardholder Value Propositions, DFCC Bank.

DFCC Bank, the premier commercial Bank in Sri Lanka, was recently awarded as the ‘Tactical Campaign Innovator of the Year’ at the prestigious ‘Daraz Payment Partner Performance Awards’. The Bank received the award for the strength and commitment it has showcased as a partner in creating inclusive value through innovation for all customers, through its partnership with Daraz. The DFCC Bank’s 65th Anniversary Card Promotion, offering customers up to 65% within 65 minutes, up to a maximum discount of Rs. 6,500/-, is one prime example of an innovative campaign that enabled DFCC Bank to receive the accolade.

The accolade highlights the Bank’s strong performance in delivering a positive impact to all customers through the wide variety of weekly and monthly offers, innovating customer engagement campaigns, and tapping into the significant growth in e-commerce transactions where DFCC Cardholders were provided access to over 4 million products on Daraz.lk, from over 50,000 suppliers across the country. Cardholders were also provided with a one-percent CashBack on every purchase instance making it a double reward.

As the Bank for Everyone, DFCC Bank’s wide range of innovative, customer-centric discounts and activities, have all succeeded in having a significant positive impact, thereby making the Bank the most suitable partner to receive this accolade. This is yet another milestone achievement in the Banks journey of digital enablement and customer centricity.

Commenting on the Bank’s achievement, Vice President/ Head of Card Centre at DFCC Bank, Denver Lewis, stated, “DFCC Bank is incredibly proud to have been awarded as the ‘Tactical Campaign Innovator of the Year.’ The award is a testament of our ability to integrate innovative, customer-centric, engagement activities, showcasing the plethora of benefits offered to all Cardholders. Coupled with the valuable discounts and CashBack on offer, DFCC Bank ensures affordability and value for money when creating campaigns. The award will drive us to continue on our path to constantly create value for all and contributing towards becoming a resilient cashless society.”



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

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(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)

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

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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.

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Direct flights between Istanbul and Katunayake to commence from August

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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.

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