Business

Hameedia commemorates Women’s Day with dual events

Published

2 years ago

2021/04/27

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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Business

Share investors worried over Wealth and Heritage tax

Published

3 hours ago

2023/03/24

Thilina Walpola

By Hiran H Senewiratne

CSE trading kicked off on a positive note yesterday but the momentum could not be sustained for long owing to investor worries that the government is planning domestic debt restructuring involving the imposition of a wealth and heritage tax on citizens, market sources said.

Amid those developments both indices moved downwards. The All -Share Price Index went down by 131 points and S and P SL-20 declined by 46.8 points. Turnover stood at Rs 3.4 billion with four crossings. Those crossings were reported in Agalawattte Plantations, which crossed 45.3 million shares to the tune of Rs 1.5 billion, its shares traded at Rs 35, CTC 420,000 shares crossed for Rs 269 million and its shares traded at Rs 640, Cargills 100,000 shares crossed to the tune of Rs 24.5 million; its shares traded at Rs 245 and Hayleys 300,000 shares crossed for Rs 24 million; its shares traded at Rs 80.

In the retail market top seven companies that mainly contributed to the turnover were, SLT Rs 234 million (two million shares traded), Hayleys RS 121 million (1.5 million shares traded), Lanka IOC Rs 106 million (115,000 shares traded), Softlogic Capital Rs 69 million (5.6 million shares traded), CTC Rs 65.3 million (101,000 shares traded), Sampath Bank RS 54.7 million (one million shares traded) and Commercial Bank RS 52.5 million (801,000 shares traded).During the day 164 million share volumes changed hands in 20000 transactions.

Business

Brandix ‘RightToRead’ initiative gains momentum enriching Sri Lanka students and transforming learning

Published

3 hours ago

2023/03/24

Thilina Walpola

Inspired by the challenge to provide Sri Lankan children with better access to learning materials and the transformative power to read and comprehend English, Brandix launched the ‘RightToRead’ project in 2018 in collaboration with the Ministry of Education.

Accordingly, Brandix introduced the ‘ReadToMe’ English learning tool, created by English Helper – India, to improve reading and comprehension skills of Sri Lankan students. Last Monday, Julie Chung, the US Ambassador to Sri Lanka, visited Susamayawardhana Vidyalaya in Borella, to observe progress of the project and experience how children and educators in Sri Lanka engage with educational technology.

Brandix Lanka Limited, Director, Ajit Johnpillai, said: “Education is the most powerful tool to enrich communities and futures, and Brandix is committed to build a strong foundation for transformational learning for students across Sri Lanka. The progress we have made with RiteToRead over the past two years is promising, and the potential for change in the education sector harnessing such digital technologies is immeasurable. Brandix will continue its commitment to deliver Inspired Solutions for the people of Sri Lanka.”

Business

Dialog TV Boosts Resilience and Capacity with Norsat Satellite Earth Station

Published

3 hours ago

2023/03/24

Thilina Walpola

Hytera, a leading global provider of professional communications technologies and solutions, is proud to announce the successful deployment of a new backup satellite station for Dialog TV, Sri Lanka’s No.1 satellite Pay TV service provider. The project was fulfilled in 2022 by Hytera and its subsidiary specialized in Satellite Communications (SatCom), Norsat International Inc. The new station enhances the resilience and capacity of Dialog TV’s existing system and ensures continuity of service in the event of damage due to natural disasters.
Dialog TV provides coverage over the entirety of Sri Lanka through the Intelsat 38 Ku-band satellite. As the business expanded, it opted for a backup solution to support its existing satellite station and to strengthen the network’s disaster tolerance.
Hytera and Norsat provided an end-to-end satellite earth station solution that includes the installation, integration, and setup of satellite antennas, a transmission and receiving system, a new network management system (NMS), and a carrier monitoring system (CMS). The NMS makes routine work easier and simpler for on-duty staff, as equipment status, parameter monitoring and configuration, and remote control of the devices can be viewed and accomplished via a single interface. The CMS monitors the carrier spectrum status of satellite signals in real-time and ensures stable signal transmission and receiving.
“We are excited to have been able to work with Dialog TV on this important project,” said Kevin Sun, Sales Director for Hytera South Asia, “Our ability to seamlessly integrate our new equipment and software with Dialog TV’s existing systems has helped to ensure a stable and reliable service for their millions of customers across Sri Lanka.”