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Hameedia commemorates Women’s Day with dual events

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Hameedia, Sri Lanka’s leading total men’s wear solution provider commemorated International Women’s Day recently with a wave of educative and interesting events.

Celebrated cricketing personality Roshan Mahanama, Attorneys-at-Law, Naushalya Rajapaksha and Chamathka Rathnayaka from The Yeheliya Foundation and Dr. Lanka Jayasuriya Dissanayake, Chairperson/Trustee of the Indira Cancer Trust (ICT) Foundation together with the management and staff at Hameedia (Pvt) Ltd joined hands to celebrate all the impressive women who are an integral and invaluable part of the fashion entity.

Guest speaker from the Yeheliya Foundation made an informative speech related to cyber bullying in modern society, as many fall prey to the diabolical dilemma that wrecks the lives of many, with a majority of the victims being women, children and youth.

The speakers advised the staff of Hameedia on how important it is for women to be mentally strong in order to fight against injustices they face in today’s society where a person or anyone’s character can be destroyed by the mere click of a button.

Moving on, in keeping with an environment friendly concept that is additionally beneficial to women, Hameedia gifted a fruit plant each, to all 375 female members of their staff, to be grown in their home gardens.

Going a step further in ensuring the health and vitality of the staff meant taking the initiative to create awareness about breast cancer. Organised in collaboration with the Indira Cancer Trust, this event was instrumental in increasing awareness on the subject that had been a taboo for years. Now, regarded as a preventable form of cancer if detected early, cancer also shows no partiality as women belonging to all levels of society are prone to it.

Sri Lanka’s celebrated menswear specialist, Fouzul Hameed, Managing Director at Hameedia (Pvt) Ltd said, “While we at Hameedia value our female workforce and ensure they are treated with utmost respect every single day, Women’s Day 2021 gave us a good opportunity to organize events in collaboration with two of the most formidable charitable organisations that have created an impact on the lives of women in our country. It is our aim that these events will ensure a life well lived for all our female staff as each woman deserves to live life to the fullest and become the best version of themselves”.

ABOUT The Yeheliya Foundation: The Yeheliya Foundation is a Charitable Foundation which strives to create a space for young girls and women from different walks of life to strive towards creating an equal platform for their female counterparts. The foundation has brought together passionate individuals to work towards finding solutions for the betterment of society as a whole. They carry out activities for students, youth, and persons from all walks of life, not just women; and they are currently functioning as a multi-faceted foundation addressing a wide array of societal issues.

 

 



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HNB supports Sri Lanka Welfare Society of Blind Women

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Supporting the livelihoods of visually impaired women, Sri Lanka’s most customer friendly bank HNB PLC donated 300 white canes and dry ration packs to the members of the Sri Lanka Welfare Society of the Blind Women.

The donations made utilizing voluntary contributions gathered by HNB employees, were handed over to members of the Society at a special event at HNB Towers under the patronage of HNB Managing Director and CEO Jonathan Alles.

“HNB is proud to partner with the Sri Lanka Welfare Society of the Blind Women to serve the visually impaired women of the country. Our goal is to do our part in ensuring they are given opportunities, recognition and respect that are equal to every other citizen, and we hope that partnerships of this nature will pave the way for a more inclusive and caring society,” HNB Managing Director and CEO, Jonathan Alles said.

With 252 customer centres across the country, HNB is one of Sri Lanka’s largest, most technologically innovative banks, having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. Over the recent past, the bank was ranked among the World Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine. HNB has a national rating of AA- (lka) by Fitch Ratings (Lanka) Ltd.

HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020, in addition to winning the coveted Best Retail Bank in Sri Lanka Award for the 11th time at the Asian Banker Awards 2020, in recognition of its sustainable growth and continuous improvements in processes, products and services amidst a challenging macroeconomic environment.

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People’s Insurance enters Medical Insurance market with ‘the most comprehensive medical insurance cover available in Sri Lanka’

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In an unprecedented effort to enhance its product offerings to customers across Sri Lanka, People’s Insurance PLC recently announced its plans to diversify into the health insurance space of the country. This strategic move to establish its presence as a health insurance provider builds on the well-established public image of People’s Insurance as the insurer who cares with love.

As the market is already heavily saturated with health insurance products offered by the competition, Peoples Insurance had the strategic objective of offering a product to make them stand out from the rest. Following a customer first approach, the insurer has decided to be a step above its competitors by offering a highly comprehensive medical insurance cover available in the country.

Citizens of Sri Lanka and those individuals who currently reside in the country are eligible to obtain a medical insurance cover from People’s Insurance. Individuals can be covered from their 5th birthday onwards. However, infants from the age of 3 months can also be protected by these covers provided that their parents have a medical cover from People’s Insurance too.

Jeevani Kariyawasam, the Head of Operations at People’s Insurance PLC commented on this new development, “When People’s Insurance PLC began to contemplate our entry into the health insurance sector, we knew we had to be different. As we are known as the only insurer who cares with love, our health insurance product had to reflect this strongly. Due to this, we decided to position ourselves as an insurance provider with a highly comprehensive product in the health insurance space. With affordable premiums, we have made every effort to ensure that Sri Lankans can enjoy the peace of mind that health insurance brings about.”

Medical schemes will vary from Rs. 100,000 to Rs. 2 million and premiums will depend on the sum insured, along with the customer’s age band. It is also noteworthy that the geographical scope of treatment extends beyond Sri Lanka and into India as well. Costs related to ambulance call outs, inpatient proceedings, surgical treatments, pharmaceuticals, diagnostics and pre and post hospitalization expenses are just a few of the areas that this comprehensive product covers.

As People’s Insurance PLC has a trusted and well established name in the minds of Sri Lankan customers, it is expected that their entrance into the medical insurance sector will be welcomed by citizens across the island. With the underlying goal of caring for its customers beyond anything else, this new development will allow for more Sri Lankans access to proper healthcare services. This decision truly resonates with a purpose beyond profit initiative.

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Browns Investments purchases 9.9 percent stake in HNB, boosting market

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By Hiran H. Senewiratne

CSE activities were positive but not bullish yesterday. Besides, the CSE announcement on a transaction where Browns Investments purchased a 9.9% stake in HNB plus last minute buying interest brought a positive note to the stock market, analysts said. Browns Investments bought 42 million HNB shares in the price range of Rs. 125.75 and Rs. 132.25 for RS 5.3 billion.

This quantum of shares or 9.9 % percent stake of HNB purchased by Brown Investments happened during the months of April and May, market sources said. Amid those developments both indices were positive. All Share Price Index was up by 45.85 points. Turnover stood at Rs. 890.3 million with a single crossing. The crossing is from Sampath Bank which crossed 500000 shares to the tune of RS 26 million and its shares traded at Rs. 52.

In the retail market, top five companies that mainly contributed to the turnover were, J K H RS 189 million (1.4 million shares traded), Browns Investments Rs. 181 million (27.8 million shares traded),Expo Lanka Rs. 53.8 million (1.2 million shares traded), Sampath Bank 50.2 million (1 million shares traded)and Royal ceramic Rs. 47.3 million (1.4 million shares traded). During the day 74.2 million share volume changed hands in 10600 transactions.

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