LPG product to meet expanding consumer needs
All over the world, an ever expanding need for energy is creating new and innovative opportunities for products that meet customer expectations while delivering sustainable energy solutions.
As the national LPG provider with a legacy of 150 years, Litro Gas Lanka has always sought to keep in step with expanding consumer needs by providing innovative LPG solutions, says Anil Koswatte chairman & CEO of Litro Gas Lanka.
Introducing a unique LPG solution to meet an increasing consumer demand is a priority for the company, he says. ” Our new and innovative Premium Hybrid 18 Litre Cylinder is expected to revolutionize the LPG industry in Sri Lanka by offering outstanding economic benefit in a size that meets global specifications. The new Litro Premium Hybrid 18 Litre Cylinder will be sufficient for a family of four, meeting their LPG needs for a month, he adds.
” We have consistently been able to pass on a great economic benefit to our consumers by maintaining our LPG prices for over a year, in keeping with the guidance of President Gotabaya Rajapakse envisioned in the government’s Vistas of Prosperity & Splendour ( Saubhagyaye Dakma). We believe that our new product will add tremendous value to that promise.”
With a market share of over 75%, Litro Gas Lanka has continuously upheld the trust placed in the company by its customers. ” Our priority has always been to bring the Sri Lankan LPG industry up to date with the standards of the global energy sector while ensuring safety at all levels of our operations and delivering value for money in energy solutions for our customers,” he adds.
The rapid increase in globalization continues to enhance the need for clean, green energy across the world. The new Litro Premium Hybrid 18 Litre Cylinder will now bring global standards to Sri Lanka with a unique size that allows more energy at a competitive price.
Commenting on the safety aspect of the new cylinder, Jayantha Basnayake, Director – Health, Safety & Environment at Litro Gas Lanka says that the new cylinder comes with an enhanced LPG Vapour Ullage which reduces transportation issues in changing environmental conditions, noting that the Ullage space is increased according to the international standards with the new packaging.
Share investors worried over Wealth and Heritage tax
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.
Brandix ‘RightToRead’ initiative gains momentum enriching Sri Lanka students and transforming learning
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.”
Dialog TV Boosts Resilience and Capacity with Norsat Satellite Earth Station
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.”
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