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Electrical equipment experts focus on saving power through tech advancements



From left M.Karunanithy - Senior manager power utilities, Brundha priyadharshini - Senior manager(T & MI), Upul kulatunga - Director business development, M.Maniymuthu – Proprietor Marlbo, Manish Mahajan - Head IG - Fluke Technology India, S.Ramannan - Engineer (T & MI)

by Sanath Nanayakkare

A group of electrical equipment experts at a seminar last week demonstrated to over 200 engineers and technical personalities of the Sri Lankan energy sector, the true value of accurate electrical power distribution measurements and the advantages of minimising power losses.

The seminar and the training session was hosted by Marlbo Trading Company founded in 1989 which has served the country’s energy sector by providing electrical power utilities and testing & measuring equipment to the stakeholders of the industry.

Marlbo represent many of the world-renowned power utilities and testing & testing measuring manufacturers in Sri Lanka and has been responsible for sharing the latest technology from the world to Sri Lanka during the past few decades.

Upul Kulatunga, Director Business Development at Marlbo says,” Our main emphasis is made on the renewable industries such as solar, wind power etc. to overcome the current crisis and to meet future electricity demand of the country. Marlbo supports this effort by enhancing the knowledge of the industry through our principals from around the globe.”

“Marlbo conducted this programme for the engineering fraternity belonging to Ceylon Electricity, Lanka Electricity Board, the national and multinational manufacturing industry and the much sought after renewable energy industry given the current trends in the sector.”

“Representatives of the Fluke Corporation of USA and an eminent personality in the energy industry and Power Quality expert Dr H. M. Wijekoon, Project Director, Colombo Port City Development Project of the Ceylon Electricity Board were on the panel of lecturers who shared their knowledge with the participating professionals.”

“The hybrid session was well attended by over 200 engineers and technical personalities from the energy industry sector with keen interest. The new knowledge will enable them to operate in the industry in a more efficient and economic manner with the use of power quality analysis.”

“Correct results achieved with the use of accurate measurements will bring productivity and saving to their institutes and businesses. Our international partner Fluke Corporation operates over 70 years in the global market and has over 40% market share and is well-known for its quality products. Fluke and our local experts demonstrated to the participants how electrical testing Instruments need to be calibrated at regular intervals to maintain the accuracy of measurements, to help minimize downtime, quickly troubleshoot power quality issues and easily discover the costs of wasted energy which in turn increases productivity for manufacturers and allows plants to maximise their distribution capacities.”

‘High-quality power is about more than saving your money. It’s about making money too. Ultimately, investing in measuring the quality of your power is an investment in the quality of your business,” Kulatunga says.

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Sri Lanka’s economic confidence index plummets



‘No one has rated Sri Lanka’s economic condition as excellent. 1.8 % rated it as good and 1.3 % rated it as getting better. The resulting score was a (-) 96. This rating was (-) 83 in January 2022, a wide ranging Verite Research public opinion survey reveals.

Key findings of the survey:

Government approval rating drops from 10% to 3%

The second round of the Gallup Style “Mood of the Nation” poll was conducted in June by Verité Research. It assessed the approval, satisfaction, and confidence of the nation in relation to the government, the country, and the economy.

The poll was conducted as a part of the syndicated survey instrument by Verité Research. This instrument also provides other organisations the opportunity to survey the sentiments of Sri Lanka.

1. Government approval rating | 3% | To the question, “Do you approve or disapprove of the way the current government is working?” only 3% said they approve. In January 2022 this rating was at 10%.

2. Sri Lanka satisfaction | 2% | To the question, “In general, are you satisfied or dissatisfied with the way things are going in Sri Lanka?” only 2% said they were satisfied. This rating was at 6% in January 2022.

3. Economic confidence | negative (-) 96 | Multiple choice questions on the condition and trajectory of the economy are used to generate an economic confidence score. The score can range from negative (-) 100 to positive (+) 100. A score above zero means more people see the economic conditions positively rather than negatively. If everyone thinks the economy is in either excellent or good condition, and everyone also thinks it is getting better, the score will be (+) 10. If everyone thinks that the economy is in a poor condition, and everyone also thinks it is getting worse, the score will be a (-) 100. No one rated the economic condition as excellent. 1.8% rated it as good; and 1.3% rated it as getting better. The resulting score was a (-) 96. This rating was (-) 83 in January 2022.

Implementation of “Mood of

the Nation”

The poll is based on an island wide nationally representative sample of responses from 1,052 Sri Lankan adults, conducted in June 2022. The sample and methodology was designed to ensure a maximum error margin of under 3% at a 95% confidence interval. The polling partner was Vanguard Survey (Pvt) Ltd.

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Decline in share market in the wake of rate hike reports



By Hiran H.Senewiratne

CSE trading activities began on a positive note yesterday but during the latter part of the day the market experienced a dip on account of the overall supply chain economy being subjected to a contraction, stemming from the fuel crisis. Consequently, CSE activities were relatively low keyed, market analysts said.

“We are reverting to the negative. There is uncertainty on all fronts, from the political to the economic. Therefore, we are expecting a rate hike on Thursday. This is creating a bit of a cloud and we may see this continuing further, a top market analyst said.

Even if top level decision- making is happening in Sri Lanka the impact is not felt at the grassroots level. This has resulted in unrest in the country, the analyst said.

Amid those developments, both indices moved downwards. The All- Share Price Index went down by 97.9 points and S and P SL20 declined by 34.3 points. Turnover stood at Rs 1.3 billion with one crossing. The crossing was reported in JKH, which crossed 600,000 shares to the tune of Rs 73.2 million, its shares traded at Rs 122.

In the retail market, the top seven companies that mainly contributed to the turnover were; Lanka IOC Rs 611 million (7.3 million shares traded), Expolanka Holdings Rs 173.9 million (one million shares traded). LOLC Holdings Rs 47.4 million (120,000 sha4es traded), Hayleys PLC Rs 46.5 million (697.000 shares traded), Browns Investments Rs 46.3 million (6.4 million shares traded), JKH Rs 21 million (173,000 shares traded) and Softlogic Holdings Rs 20.5 million (794,000 shares traded). During the day 109 million share volumes changed hands in 15000 transactions.

The International Monetary Fund said last Thursday its talks with crisis-hit Sri Lanka had been “constructive”, thereby raising hopes it would soon grant preliminary approval for a desperately needed financial support package, observers said.

Meanwhile, the Colombo Consumer Price index rose 54.6 per cent year-on-year in June against a 39.1 per cent rise in May, according to the Statistics Department.

Yesterday the US dollar rate was Rs 360.73, which is now being controlled due to the prudent fiscal and monetary policies of the Central Bank.

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Dialog Club vision members receive access to an exclusive screening of ‘Jurassic World Dominion’



In a bold and breath-taking new global adventure, the epic conclusion to the Jurassic film franchise ‘Jurassic World Dominion’ hit theatres across the world on June 10. Just a day after its global premiere, Dialog Club Vision Red members and their loved ones received special access to an exclusive screening of the film at the Kandy City Centre Multiplex on June 11.

The explosive end to the Jurassic era sees two generations of the film’s franchise unite for the first time with Hollywood’s Chris Pratt and Bryce Dallas Howard joined by Oscar winner Laura Dern, Jeff Goldblum and Sam Neill. Dialog Club Vision members were some of the first to witness the utopian world where Dinosaurs and humans co-exist.

With the best interests of its members and their loved ones at heart, Dialog Club Vision continues to deliver a world of exclusivity and privileges such as personalized care, exclusive discounts and offers, lifestyle and entertainment events and more. To explore more exciting offers available for Dialog Club Vision members, and to learn more about Sri Lanka’s premier loyalty programme, customers can visit the MyDialog App or visit

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