Dialog Axiata PLC (Dialog), Sri Lanka’s premier connectivity provider, on the request of the Ministry of Health, gifted a fully functional 10 bed Intensive Care Unit (ICU) to the Homagama Base Hospital. This initiative forms a part of the Company’s ongoing commitment to empower the national health care efforts during the COVID-19 pandemic.
In April 2020, Dialog pledged a sum of Rs. 200 million towards the upliftment of Critical Health Infrastructure associated with the COVID-19 pandemic. The hallmark pledge by Sri Lanka’s premier connectivity provider enabled the commissioning of a 10-bed ICU at the Negombo Hospital as the first step. It also enabled high-speed PCR testing at the Bandaranaike International Airport, drastically reducing testing and reporting time from 8 hours to approximately 2.5 hours.
The fully functional ICU complex at the Homagama Base Hospital is equipped with a negative pressure unit that has been specially designed to effectively handle infectious diseases such as the Coronavirus and comes complete with state-of-the-art ICU equipment advancing the hospital’s capability to serve critical patients. This initiative aims to lessen the pressure on medical staff treating patients with acute illnesses, and add greater value to the training of doctors in intensive care whilst also acting as a catalyst to improve healthcare systems in the district.
Commenting on this occasion, Pavithra Wanniarachchi – Minister of Health stated, “Dialog Axiata, which has contributed immensely towards the upliftment of the health sector, is a Company with a big heart. At the beginning of the pandemic, when we reached out to Dialog to support us with our national efforts towards mitigating COVID-19, Dialog pledged Rs. 200 million right away to uplift the country’s critical health infrastructure. This pledge facilitated a fully-fledged 10-bed ICU at the Negombo General Hospital and also a Hi-Speed robotic PCR testing at Bandaranaike International Airport. The ICU development at Homagama Base Hospital is the latest initiative that has come to fruition as a result of all these efforts for which we, as Sri Lankans, as a nation, are immensely grateful for.”
Trade Minister Bandula Gunawardana said, “One of the shortfalls that the Homagama Base hospital, which treats many people, has had for a long time was an established ICU. We are proud to witness the launch of this fully-fledged ICU at the Homagama Base Hospital, complete with all the latest, cutting-edge equipment required for critical care. On behalf of the Government, I would like to express our gratitude towards Dialog Axiata, for taking the initiative and making this a possibility.”
Supun Weerasinghe, Group Chief Executive of Dialog Axiata PLC said, “Amidst a year of unprecedented crises, we appreciate the opportunity to establish a fully functional 10-bed ICU at the Homagama Base Hospital as part of our commitment towards supporting the national efforts aimed at combating COVID-19. While we continue to help our communities stay connected, adapt, and get through this pandemic with our inclusive service offerings, this initiative will strengthen our nation’s capacity to respond to public health emergencies. We are thankful to our customers for their loyalty and the confidence placed on Dialog, enabling us to help our country during these challenging times.”
NSB introduces special credit scheme for shrimp farming industry
National Savings Bank (NSB), in collaboration with one of its fully owned subsidiary, Sri Lanka Savings Bank(SLSB), has planned to introduce a special loan scheme to offer credit facilities under a lower interest rate with a view to accelerating the development of shrimp farming industry in Sri Lanka.
Shrimp farming industry in Sri Lanka, which came into being around 30 years ago, could be identified as a higher value generating sector among the industries based on aquaculture in the country.
With the objective of achieving a sustainable development in shrimp farming industry in the country, Sri Lanka Aquaculture Development Alliance has been established 15 years back and the permanent members of this organization will be able to obtain loan facilities within a value range of Rs. one Million to Rs. 100 Million under this loan scheme.
This Alliance comprises of 18 farmers’ societies, breeding center societies, seafood societies and shrimp feed societies in Puttlam District, in which the shrimp farming industry is mainly centralized. The Alliance operates the shrimp farming industry, in coordination with the National Aquaculture Development Authority of Sri Lanka, the main state sponsored organization mandated for the task of development of the aquaculture and inland fisheries sector in Sri Lanka and other government institutions. Further, the membership of this alliance represents the entire shrimp farming industry of the country.
Lanka Realty Investments acquires controlling shares of On’ally Holdings
CSE turnover almost Rs 3.5 billion
By Hiran H.Senewiratne
Lanka Realty Investments Plc has acquired 50.8 percent of the issued capital of Colombo Stock Exchange (CSE) listed On’ally Holdings Plc for Rs 1.42 billion.
With the transaction Renula Capital and Lanka Reality Investments share prices appreciated significantly yesterday, stock market analysts said.
On’ally Holdings Plc announced that Lanka Realty Investments Plc has acquired 50.8 percent ( 47,244,050 shares) of the issued capital (93,003,087 shares) of the company with the purchase of shares made on 3rd December 2020 at a price of Rs.30.20 per share.
Meanwhile, in a separate filing Renuka Capital Plc announced that it has sold and disposed of 40,754,820 Ordinary Shares (43.821 percent ) held by the Company in On’ally Holdings Plc to Lanka Realty Investments Plc at a value of Rs.30.20 per share on the CSE. Renuka Capital PLC is the second largest shareholder of On’ally Holdings Plc.
The turnover stood at Rs 3.44 billion with two crossings mainly; On’ally Holdings crossing which contributed 42 percent to the turnover and Access Engineering. On’ ally 47.2 million shares crossed for Rs 1.43 billion and its share price was Rs 32.20 and Access Engineering one million shares crossed for Rs 25 million and its share price was Rs 25.
With the transaction Renuka Capital share price appreciated by more than 50 percent or Rs 2.50 . Its share price startered trading at Rs 5 and at the end of the day it moved upto Rs 7.50. Lanka Reality share Price share price moved up by 13 percent or Rs 4.60. It’s share price startered trading at Rs 34.40 and at the end of the day it moved up to Rs 39.
In the retail market top five companies that mainly contributed to the turnover were JKH Rs 141.5 million (945,000 shares traded), Expolanka Rs 135.7 million (5.2 million shares traded), Melstacorp Rs 128 million (three million shares traded), Access Engineering Rs 123.3 million (4.9 million shares traded) and Renuka Capital Plc Rs 121.7 million (18.5 million shares traded).
Amid those developments both indices moved upwards i.e. All Share Price Index up by 17.26 points and S and P SL20 up by 8.81 points up. The share volume that transacted during the day was 22487. According to stockbrokers that market sluggish and the latter part of the day it picked up following the major crossing.
SLT and Mobitel launch Green Premier League 2020
SLT and Mobitel together began an exemplary green initiative project simultaneously with Sri Lankan Premier League (LPL) 2020 called “SLT – Mobitel Green Premier League” (GPL), as a sustainable environmental conservation project. According to the winning score of each team in every match of the LPL, SLT and Mobitel will take necessary actions to plant the equivalent number of plants as forest restoration at Rajawaka forest reserve in Kalthota, Balangoda. Thus, by the end of the LPL tournament, SLT and Mobitel will have taken the necessary actions to plant possibly around 4000 plants in the forest reserve and would have arranged a sustainable maintenance program with the Forest Department in accordance with UN sustainable developments goals. This would be a pioneer project within the context of any cricket premier league in the world!
From the 26th of November 2020 till the 16th of December 2020, SLT and Mobitel will be conducting this remarkable initiative aiming to increase the forest cover in Sri Lanka by planting these trees in 6 hectares in Rajawaka Forest reserve, which has identified as a rich biodiversity site and also the major water catchment area for the Samanalawewa reservoir. With an island-wide reach as the national telecommunications service provider, SLT hopes to inspire sports fans and the youth of the country to undertake their own steps towards environmental conservation and sustainability. SLT will continuously monitor this project in the next two years with the support of the Forest department to ensure the desired outcomes.
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