Connect with us

Business

Litro Gas chairman awarded ‘ceo of the Year’

Published

on

Sri Lanka’s national provider of LPG, Litro Gas Lanka Limited was showcased on the international stage when its chairman and CEO, Anil Koswatte was awarded the ‘CEO of the Year’ at the Sri Lanka Best Employer Brand Awards 2020 hosted by the World HRD Congress.

For the 15th consecutive year, The Sri Lanka Best Employer Brand Awards has recognized and feted industry leaders for their exceptional leadership in empowering key stakeholders of their respective companies and the community.

One of the biggest HR award ceremonies in the world acknowledging dynamic business leaders across diverse sectors, the Sri Lanka Best Employer Brand Awards were made on criteria set out by HR professionals and evaluated on core specialties and strengths within the HR sphere.

The award Ceremony was held virtually on November 24, due to the current global COVID-19 pandemic conditions.

Commenting on the Award, chairman and CEO of Litro Gas Lanka Limited, Anil Koswatte states that this award echoes the commitment and dedication of the management and employees at Litro Gas Lanka Limited, whose contribution towards the company’s success, made it all possible.

“The Litro Gas Lanka team is powered by the support of our customers who make everything a possibility for us, our channel partners and our key stakeholders. As a customer centric company, our focus is enhancing and improving the level of service and the product portfolio we deliver to our customers, thereby strengthening our core competencies as the industry leader.”

He further added that the company takes pride in being aligned with the government’s National Policy Framework, ‘Vistas of Prosperity & Splendour’ (Saubhagyaye Dakma) in providing economic benefits to the people.

Several other key awards under various categories and segments were presented to leading Sri Lankan companies and their personnel, highlighting the impact made by Sri Lankan HR professionals in their respective industries.

As the island’s leading provider of LPG, Litro Gas has consistently undertaken a national enterprise of keeping over 04 million Sri Lankan homes supplied with cooking energy, while ensuring the supply of LPG to industrial operations and business entities across various sectors.

The COVID-19 pandemic has seen the Company contribute tremendously towards the economic upliftment of the people by mitigating rising global prices of LPG and maintaining lower prices for consumers thereby passing on a great economic benefit.

The combined efforts of the Litro Gas team and their exceptional dedication during the COVID-19 lockdown was globally recognized with the Argus/WLPGA Award for COVID-19 Resilience presented at the prestigious LPG industry Awards held recently.

The Company operates a wide reach of over 13,000 points-of-sale, 1,500 home delivery hubs and a network of 37 distributors, Litro Gas maintains a dynamic presence that combines with a seamless service of supply throughout the island.

In addition, the Company’s state of the art storage and filling facility at Kerawalapitiya is recognized as one of Asia’s largest filling plants. Litro Gas operates a cylinder refurbishment, cylinder requalification and bulk customer LPG delivery hub in Mabima, Sapugaskanda. The Company also manages a storage facility in Hambantota, giving it an edge in managing an efficient system of LPG delivery across the country.

With a market share of 76% , the Company generates a turnover of Rs 45 billion and operates in a unique position as a State Owned Enterprise enriched with a multinational heritage.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Sampath Bank continues to partner Central Bank on promoting QR payments

Published

on

 

Sampath Bank PLC joined hands with the Central Bank of Sri Lanka (CBSL) yet again to raise awareness and increase acceptance and usage of LANKAQR, the common Quick Response (QR) code standard for the country that was introduced in 2020.

Encouraging consumers to adopt LANKAQR for their day to day transactions, Sampath Bank held a 2-day promotional drive at one of Colombo’s latest outdoor dining destinations, Dining Capsule at Baladaksha Mawatha, near Galle Face Green on the 23rd and 24th of January.

Dharmasri Kumaratunga, Director – Payments and Settlements, Central Bank of Sri Lanka; Nanda Fernando, Managing Director, Sampath Bank PLC; and Tharaka Ranwala, Head of Operations and Group Chief Marketing Officer, Sampath Bank PLC, took part in the ceremonial launch of this initiative together with other senior representatives.

The Bank offered 25% cash back on payments made with the LANKAQR-enabled Sampath WePay digital payments mobile application at Dunhinda Colombo, Roots, Grand Monarch, Street Wok, Lavinia, Spice Junction, Giovanni’s Pizza al Taglio and BoxBar outlets at the Dining Capsule during this period.

“Offering greater convenience and security, technology continues to transform the way we conduct our day to day transactions. This is becoming increasingly true in Sri Lanka too, where consumers and businesses are actively adopting digital payments,” said Nanda Fernando, Managing Director, Sampath Bank PLC. “At Sampath Bank we have always focused on leveraging emerging technologies and delivering market relevant solutions that add value to our customers around the island. In line with this, we are delighted to partner with the Central Bank of Sri Lanka on driving the acceptance and usage of LANKAQR.”

“Across Sri Lanka, a growing number of merchants and consumers are getting on board the LANKAQR ecosystem and beginning to appreciate the value offered by QR based payments. We are witnessing this phenomenon with Sampath WePay, the secure, one stop digital wallet from Sampath Bank that allows users to store all types of financial instruments from any bank and carry out a wide range of real-time online transactions.

Continue Reading

Business

Taking cashless transactions across the country

Published

on

 

The Central Bank of Sri Lanka in coordination with leading financial institutions and telcos in the country set in motion the ‘Rata Purama LANKAQR’ promotional campaign with a monumental event on January, 23. The ‘Rata Purama LANKAQR’ initiative represents the second phase of an island-wide campaign commenced late last year to introduce LANKAQR as the standard for mobile phone and digital payments countrywide, in moving towards a cashless and digitally-savvy society plus greater financial inclusion across Sri Lanka.

Held at Diyatha Uyana, Battaramulla, the event was graced by the Chief Guest, Ajith Nivard Cabraal, State Minister of Money & Capital Market and State Enterprise Reforms, Ms. Yvette Fernando, Deputy Governor CBSL and the chairperson of the National Payments Council, D. Kumaratunge, Director Payments and Settlements – CBSL, and Thilak Piyadigama, chairman – CBSL appointed LANKAQR Committee/CEO SDB bank, among other distinguished guests.

The Colombo-leg of the LANKAQR national campaign, drawing on the participation of numerous high-profile guests plus the island’s top banks and financial institutions, aimed to advance the program’s overall vision of promoting digital transactions as the new norm and included city-wide promotions, covering major commercial locations in and around the city.

Developed by the Central Bank of Sri Lanka, LANKAQR is a common Quick Response (QR) code standard, and its adoption by most major financial institutions in Sri Lanka is a progressive step on the path to Sri Lankans fully embracing a future that is inevitably digital, gradually leading to an entirely cashless mode of transaction.

The LANKAQR system will allow banks, financial institutions and telcos, through their digital payment apps and platforms, to facilitate fast, secure and low cost digital payments to any merchant or service provider. LANKAQR provides customers with a mechanism for payment for all their needs ranging from groceries, healthcare to utilities, and even the purchase of goods from street-side vendors, directly from their bank account through the use of any LANKAQR-compliant mobile payment app.

Continue Reading

Business

SLT-MOBITEL gives ‘Power to Your Dreams’ with special connectivity offers

Published

on

SLT-MOBITEL is all set to launch the ‘Power to Your Dreams – සිහිනයට සවියක්’ campaign to provide the latest connectivity solutions to microbusinesses on the of January, 25 the company announced recently. This program will provide ICT solutions packages encompassing products and services essential for microbusinesses, at maximum affordability.

Understanding the connectivity needs of the microbusiness segment, the promotion provides them solutions that fulfil their requirements. Accordingly, communication, business networking, cloud technology, entertainment & IoT, communications devices and business infrastructure services for various market segments within the microbusiness ecosystem is provided utilising SLT-MOBITEL products and services such as voice & mobile telephony, 4G LTE, SLT Broadband, SLT Fibre and Peo TV services.

Speaking on the planned promotion, Sanjeewa Jayamaha, General Manager – SME Business Development, Sri Lanka Telecom stated, “Microbusinesses are the bedrock of Sri Lanka’s economic activity, supporting day to day transactions for millions of people. It is vitally important that they receive the full benefit of the connectivity solutions offered by the national ICT solutions provider, Sri Lankan Telecom. The brand unification of SLT-MOBITEL means now we can offer a full bouquet of products and services to our clients. This promotion will ensure that microbusinesses from various segments can now access the connectivity solutions most important for their businesses to thrive.”

Microbusinesses operating in entertainment and leisure, fashion and beauty, daily essentials, medical and health care, education, special occasion services, financial services, e-commerce and software development, professional services, construction support and transportation and delivery services will be able to benefit from bespoke packages crafted by SLT-MOBITEL with their specific industry needs taken into consideration.

 

Continue Reading

Trending