Iconic Developments, a leading Indian infrastructure developer recently announced that the construction of its Rajagiriya-based luxury apartment complex Iconic Galaxy is making headway, with an over 350 strong workforce from construction partner MAGA Engineering working while adhering to stringent health and safety regulations in line with health authorities.
Iconic Developments and MAGA have implemented all possible precautionary measures to deter any internal or external spreads of the global COVID-19 pandemic. Every worker must present PHI reports from their respective areas before entering work, and they are provided with all necessary Personal Protective Equipment (PPE) by the company.
“It is monumental to us that construction operations of Iconic Galaxy are underway and well monitored. Our priority is the health and safety of our workforce. Since safety has always been the most important factor in the construction sector, there is no doubt that we, along with MAGA Engineering, have empowered our workers with all the necessary protective gear to be safe and healthy at all times. We take pride in ensuring a healthy and contamination-free workspace,” commented Iconic Galaxy Managing Director Rohan Parikh.
The 350 workers are broken into 4 zones, using 4 different hoists. The staff is kept at the site with food and accommodation provided along with a saloon facility within the site. Steaming facility is provided twice a day as well. There is no outward movement of workers in order to avoid contracting the infection.
Workers are also subjected to temperature checks and periodical hygiene checks, enhanced by sanitary measures. This is further complemented by the addition of site safety measures, which include site entry temperature checks, training COVID-19 compliant personnel, hand sanitizers, the installation of handwashing facilities and frequent cleaning of high use areas such as restrooms and eating areas.
All vehicles entering the premises are also disinfected at the entrance with all employees encouraged to follow social distancing.
Furthermore, according to Iconic Galaxy Managing Director Rohan Parikh, workers face an increased difficulty in wearing masks for more labour-intensive work. The solution to this is for workers to always wear masks when doing less intensive work such as tiling, cutting or grinding, while those doing more intensive work are put into small groups, who will be prohibited from interacting with other groups. Periodical PCR tests are also conducted for the workers by PHIs (Public Health Inspectors) during their frequent visits.
HNB promotes cashless transactions; joins CBSL’s ‘Rata Purama LANKAQR’ campaign
Chief Guest for the event Money and Capital Markets and State Enterprise Reforms State Minister Ajith Nivard Cabraal, CBSL Deputy Governor and National Payments Council chairperson Yvette Fernando, and CBSL Payments and Settlements Director D. Kumaratunge with HNB Executive Director and Chief Operating Officer Dilshan Rodrigo as he completes a transaction via HNB SOLO at a merchant stall
HNB PLC, partnered with the Central Bank of Sri Lanka to promote the Colombo-leg of ‘Rata Purama LANKA QR’ campaign at Diyatha Uyana, to raise awareness and encourage the public towards cashless payments.
Having already linked LANKA QR to its digital payment app HNB SOLO, the bank was among other financial institutions and telecommunication partners in joining efforts to make cashless QR-code based payments the standard for mobile phones and digital payments countrywide, in moving towards a cashless and digitally-savvy Sri Lanka.
“We are entering a new era of financial technology, where almost all of our daily transactions will require no physical banknotes, but just a smartphone and internet connection with our bank account integrated to a digital payment app.
The Central Bank’s national directive for banks and financial institutions to adopt and integrate LANKA QR into their existing digital payment solutions has prompted an aggressive onboarding of merchants to the new payment solution across the country. With our extensive customer base, SOLO is no doubt a significant contributor to this innovative initiative,” HNB Deputy General Manager – Retail and SME Banking, Sanjay Wijemanne said.
The Colombo-leg of the ‘Rata Purama LANKA QR’ campaign raised awareness regarding SOLO’s many facilities, including zero human interaction, efficiency, and eliminated risks that influenced many vendors to come on board.
Sri Lanka Insurance posts a staggering revenue of Rs. 55.2 billion during 2020
Amidst the turbulent and challenging year Sri Lanka Insurance has closed year 2020 on a positive note recording phenomenal revenue growth with exceptional service innovations.
Sri Lanka Insurance the premier insurer to the nation recorded stellar performance in 2020 to record Rs. 55.2 billion revenue for the year, a marked improvement on the Rs.48.6 billion in the year 2019, a press release said.
It adds – In the year of 2020 Sri Lanka Insurance reported 30 % growth in life insurance premium increasing to Rs.19.2 billion whilst general insurance reported 7% growth in premium grew to Rs. 20.1 billion. The company achieved a combined Gross Written Premium (GWP) growth rate of 17 % during the year. General insurance contributed 51% towards the total GWP whilst Life Insurance contributed 49 %.
‘In continuing with its tradition of leadership, Sri Lanka Insurance in 2020 surpassed its own record to declare a sum of Rs.8.2 billion as bonus to policyholders. The cumulative life insurance bonus paid out during the past 10 years tops a massive Rs.54 billion making the SLIC bonus payout unmatchable.
‘As the national insurer we have witnessed yet another challenging year and the consequences brought out by pandemic outbreak urged us to conduct our business operations in a more empathetic manner. SLIC has always taken the lead to protect the nation and during this difficult time Sri Lanka Insurance launched many initiatives to sustain country’s health defenses while ensuring our customers receive uninterrupted insurance service.
‘As the pioneering insurance company in Sri Lanka we are in the forefront to inculcate the importance of insurance to the masses as a national responsibility on our shoulders. We will further strengthen internal capabilities to serve the nation through innovative and affordable insurance solutions which cater to all Sri Lankans under the ‘Insurance for All” concept. Even though the times are defining we will continue protecting our nation turning obstacles into opportunities.’ noted .Jagath Wellawatta, chairman of SLIC.
Bank of Ceylon empowering nation with Lanka Q
The Bank of Ceylon in its mission to assist the government initiative to empower Sri Lanka through digital technology is joining the customer awareness campaign of Central Bank of Sri Lanka’s Lanka QR digital platform.
Bank of Ceylon had its most recent major awareness programs in Borella and Maharagama along with the other branches in Colombo District in line with the Central Bank’s main program held in “Diyatha Uyana” with the participation of all Lanka QR certified banks on the same day.
Central Bank of Sri Lanka (CBSL) has organized a series of awareness and promotion campaigns for popularizing Lanka QR with the participation of all Lanka QR certified financial institutions throughout the country with the aim of speeding up the customer adaptation process towards digital banking.
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