Securing another edge in technological advancements, Dialog Enterprise, the corporate solutions arm of Dialog Axiata PLC (Dialog), recently announced the Global Software Defined Wide Area Networking (SD WAN) solution, in partnership with the globally acclaimed ngena network – the Next Generation Enterprise Network Alliance (www.ngena.net).
ngena comprises of alliance members from all over the globe, thereby facilitating infrastructure for local connectivity that are centrally managed through the ngena Connectivity Platform as a service. This partnership will now let an MNC manage a global network between its different global offices and DCs just as easily as they manage their local network.
This new partnership marks a key milestone in FlexNet, the fully managed SDWAN solution by Dialog, created for enterprises enabling their multinational corporate customers to now deploy global connectivity faster and more conveniently. This in turn translates to more visibility and better control for IT administrators over the deployments around the world at a much lower cost, making deployment and managing global VPN networks a seamless experience. The joint alliance with ngena will make it possible for companies in Sri Lanka and around the world to obtain global SD-WAN service from a single source in one touch and customers will bear witness to the benefits of an innovative, user friendly, scalable and quickly deployable global business network.
With a continuous focus on enabling and supporting the digital transformation journey of enterprise customers, Dialog Enterprise launched Flexnet last year, facilitating local enterprises in their global Cloud journey and bandwidth expansion without compromising the security of the networks. Presently, with this new capability added to FlexNet, Dialog Enterprise can now elevate and align its clientele to a global presence, enabling them to enjoy the unique features and benefits of SD WAN.
Flexnet is the first fully managed SD WAN solution in Sri Lanka that is fully equipped in handling seamless migration and management of applications in complex networks of private VPNs, and of the private and public Cloud. Compatible and integrating well with global public Cloud services AWS, Azure, Google Cloud, etc., Flexnet presents varied options for hybrid Cloud integrations as well. With its proven track record of world class expertise, Dialog already claims for a set of proven skills to advise and design WAN networks encompassing multiple backhaul technologies and concepts and make them run efficiently based on unique customer requirements.
CSE planning new product lines to attract investors in greater numbers
By Lynn Ockersz
The CSE is planning to attract a greater number of investors to the stock market this year through the introduction of some new product lines. In order to increase the choice of instruments available to equity investors, the CSE intends to focus in the immediate term on instruments, such as, stock borrowing and lending and regulated short-selling, CSE CEO Rajeeva Bandaranaike said.
The latter instruments would help in generating more liquidity and trading among equity investors, not only in instances when the market is on its way up but also in a declining market as well, CEO Bandaranaike told The Island Financial Review in an exclusive interview recently.
The CEO also said that the CSE is aiming at leveraging the corporate debt market through the initiation of some new products. For example, Green Bonds, Perpetual Bonds and the facilitation of secondary trading of corporate bonds via repo trading.
Asked to indicate as to how these instruments would help the bourse going forward, Mr. Bandaranaike said that stock borrowing and lending, for instance, would facilitate and enable regulated short selling which will have the effect of increasing liquidity and trading among all categories of equity investors.
This will create opportunities for traders to make use of market volatility. Besides, investors holding long term portfolios could lend their stock and earn an interest with least effort on their part.
Asked to elaborate on the importance of Green Bonds, the CEO said that institutional investors in particular are currently focusing on ESG projects; that is, investors that are sensitive to environmental, social and governance concerns. Accordingly, the CSE would be catering to some important investor needs through the latter projects.
Meanwhile, in response to the question on how the digitization initiatives of the CSE have helped in ushering a more robust share market in Sri Lanka, CSE’s Chief Information Officer Chandrakanth Jayasinghe said it is the aim of the CSE to give progressive digital exposure to investors. There are two dimensions to be considered here the CIO said. First, more and more important features have been added to the CSE’s digital mobile App over the last two years.
The CIO added: ‘A revamped mobile App is now at hand to enable quicker and informed investment decisions. All the information required by the investor is now available via this App to enable him to enter the market. For example, we are linked to the Department of Registration of Persons. Digital on-boarding and digital signing etc have been enabled via the app. On a full digital basis investors can now interact with the CSE.
‘The investor is now connected to the CDS E-Connect via the CSE and the investor could access his/her stock portfolio, for instance, and access his/her monthly statements. They could also make changes to their profiles such their address changes via the mobile App. Research reports of brokers could be accessed by the same means, nominations could be effected through the same mechanism. It’s a total change: a 360-degree info hub has been created through the App.
‘Secondly, the CSE is a more agile digital organization. For instance, most of our back-end functions are fully robotized. AI is used in many operations. We use AI for compliance operations.
‘We are saddled with very much less paperwork. Over 90% of all account openings are effected through our mobile App. Most paper-based formalities have been done away with.’
SriLankan Airlines unveils new and improved mobile App
SriLankan Airlines has unveiled a new and improved mobile app that is designed for optimum user-friendliness. The enhanced app will afford customers greater ease and flexibility in managing their flight bookings, purchasing value-added services, enrolling for a FlySmiLes account and performing a variety of other tasks.
The new app provides greater autonomy for Customers through added features that are exclusive to the app. Customers will be able to choose their in-flight meal; reserve seats; change travel dates and sectors; buy value added services such as excess baggage, travel insurance and duty-free items; and check-in for flights well in advance.
The ability to manage flight bookings, even while on the move, remains entirely with passengers who will be empowered to exercise greater control in shaping their journey independently and dynamically. Customers’ in-app experience is inclined to be further enhanced with the new ‘My Trips’ feature. My Trips will organize and present important information that a customer requires for an upcoming flight in a timely fashion on the app’s homepage.
The homepage includes other up-to-minute information on the flight schedule and allows users to search and stay on top of the departure and arrival times of flights. Customers can also stay updated and not miss out on the latest deals and promotional fares.
Brandix Manusathkara Thilina 2022
Brandix Apparel Ltd., gave hope to 16,824 children of the Brandix family by gifting them school essentials including stationery and schoolbags necessary for the new school year, under its ‘Manusathkara Thilina’ 2022 initiative recently.
Understanding the current need to support our team members, especially during the current crisis of rising stationery costs, the children of 10,933 Brandix Associates were recipients of Brandix’s unstinting efforts to inspire and support education for all. The 2022 programme is being held for the 7th consecutive year where children from pre-school to Grade 13 received stationery packs.
Malika Samaraweera, Group Head of Corporate Social Responsibility at Brandix Apparel noted, “The beginning of the new school year is eagerly anticipated and exciting for all students. However, we realise that our employees, who are the backbone of our enterprise, are facing a daunting challenge to provide their children these essential items. We firmly believe in taking care of our communities and this year’s Manusathkara Thilina programme ensures these children have the tools and opportunity to learn and grow.”
Begun in 2016, the Manusathkara School Essentials initiative seeks to drive home the importance of education among the children of Brandix employees. To-date, over 37,000 children have benefitted from the programme. The educational hampers gifted to the children comprise of stationery and other school necessities, enabling their success for the foreseeable future.
With the aim of driving social sustainability, the inspired team at Brandix continues their work towards Equal Opportunity and the Right to Education for All. Recognising that today’s challenges are wide-ranging and incredibly tough for many families, the school essential packs will enrich the lives of the beneficiary children and sustain their school education.
Supporting Sri Lanka’s aspiring youth towards continuity in their education, Brandix has also initiated an annual scholarship scheme under its ‘Manusathkara University Scholarship’ programme. Children who are high performers in the Advanced Level Examinations within the Brandix Model Villages are awarded scholarships to pursue their higher education and contribute towards Sri Lanka’s future workforce. The ‘Model Village’ concept was developed by Brandix to support the wellbeing of communities within a 10km radius of the company’s facilities.
Strong winds over Eastern, Uva, Western, Central and Sabaragamuwa provinces and in Galle, Matara, Mullaitivu, Jaffna and Kilinochchi districts.
DG Information ignorant of basic election laws and regulations: ECSL
Navy men and women record wins at Inter Club rugby matches
‘Dates have the highest sugar content to fight Coronavirus’
Sunday Island 27 December – Headlines
U.S. Congress to probe assets fleecing by US citizens of Sri Lankan origin
Midweek Review6 days ago
Westminster event declares support for Canadian action against Rajapaksa brothers
Opinion5 days ago
Simple questions to Sirisena and Gotabaya
Opinion5 days ago
Nelum Kuluna poses danger to aircraft
Opinion6 days ago
Open letter to Sirisena
Features5 days ago
Vibrant ties with M-E, a foreign policy priority for SL
News5 days ago
Treasury blamed for missing paddy stocks worth Rs 1.3 bn
Features6 days ago
Is recolonisation final solution?
Sports6 days ago
Savinka, Rashmi win U-19 singles titles