NDB Wealth wishes financial stability and a wealth of joy this Mother’s Day
Ensuring the safety and happiness of your family’s future is the ultimate aspiration of every mother. The ‘new normal’ has brought mothers to the forefront of life as never before. Always the multi- tasker at home, the resourcefulness of a mother to now ably support the household income and as well provide for all the needs of the family is key to survival.
“Securing the future of your family is very critical at this time and age and that is exactly what we focus us on through the NDB Wealth plans. Every mother aspires and dreams to safeguard the future of her family. In the face of the current challenges and uncertainties, it has become a more urgent and critical need. At NDB Wealth we understand the efforts and dreams of mothers and aim to help them realize their aspirations. Take that first step towards financial growth and our team of experts will help make your dreams a reality. Our portfolio of flexible Wealth plans will serve you in planning for your future,” said Amali Pathirana, Manager of Investment Operations at NDB Wealth.
NDB Wealth’s Money Plus is one of the best way to provide for those you love. The account is exclusively dedicated to keep your savings growing while realizing you and your family’s dreams and aspirations. The Money Plus Fund is designed to fulfil your dreams and efforts of providing your family with a bright and promising tomorrow while functioning like a savings account. NDB Wealth Money Plus with a current yield of 5.50% as at 29th April 2021 is a great alternative to savings that provides flexibility of being able to withdraw money, to meet any emergency, while earning attractive returns.
The Growth & Income Fund, a share market fund is the ideal account for bold mothers who are moderately inclined towards risks. The fund allows investors to take calculated risks and gives returns from both the Stock and Bond markets. The income generated from stocks as dividends and interest from the Bonds and Capital gains can be withdrawn anytime without a penalty.
“At NDB Wealth Management, we offer mothers financial independence through high yielding investment plans that are more flexible and rewarding than other conventional methods. Talk to our team of experts and discover the joy you can enjoy through financial independence,” elaborated Amali.
It’s time you enjoyed financial independence. Visit www.ndbwealth.com or call on 0719 788 788 to speak to one of the relationship managers enjoy a wealth of joy. You can also visit their website to explore other investment opportunities, or even connect with NDB Wealth’s exemplary team of financial planners who can help you, your business and your family to achieve financial security, with all the benefits entailed therein.
NDB Wealth is fully owned subsidiary of the NDB Bank, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.
*Current yield is variable and subject to change. Past performance is not indicative of future performance. Investors are advised to read and understand the contents of the Exploratory Memorandum before investing. Among others, investors should consider the fees and charges involved.
Oil prices rise as Saudi Arabia pledges output cuts – Opec+
Oil-producing countries have agreed to continued cuts in production in a bid to shore up flagging prices.
Saudi Arabia said it would make cuts of a million barrels per day (bpd) in July and Opec+ said targets would drop by a further 1.4 million bpd from 2024.
Opec+ accounts for around 40% of the world’s crude oil and its decisions can have a major impact on oil prices.
In Asia trade on Monday, Brent crude oil rose by as much as 2.4% before settling at around $77 a barrel.
The seven hour-long meeting on Sunday of the oil-rich nations, led by Russia, came against a backdrop of falling energy prices.
Total production cuts, which Opec+ has undertaken since October 2022, reached 3.66 million bpd, according to Russian Deputy Prime Minister Alexander Novak.
Opec+, a formulation which refers to the Organization of Petroleum Exporting Countries and its allies, had already agreed to cut production by two million bpd, about 2% of global demand.
Manpower services agency wins accolades for its contribution to foreign employment sector
Its MD says. ‘go abroad only if you can work hard’
Siraj Manpower Services, one of Sri Lanka’s leading foreign employment agencies, was honoured with the Three-Star Award at the ‘Golden Awards’ 2023, organised by the Sri Lanka Bureau of Foreign Employment (SLBFE). This award ceremony was organised to honour foreign employment agencies that have made a significant contribution to the development of the foreign employment sector, which is a major source of foreign exchange for Sri Lanka. Siraj Cafoor, Managing Director of Siraj Manpower Services, was presented with the award at the award ceremony which was held at the BMICH in Colombo under the patronage of Minister of Foreign Employment and Labour Manusha Nanayakkara.
Having been established in 2002, Siraj Manpower Services (www.sirajmanpower.lk) has earned a reputation in the field of foreign employment by winning the trust of customers for more than 20 years. It has been offering job opportunities in the Middle East countries such as Kuwait, Qatar, Dubai and Saudi Arabia, and Malaysia as housekeepers, drivers, sanitation workers, labourers and also jobs related to the apparel industry. All these workers are entitled to approved salary scales certified by the SLBFE.
“We always stand for the safety of workers who go abroad through our organisation. We work to solve the problems that arise in relation to the contracts that the workers have entered into. I must mention something special to those who go abroad for employment. That is, you should keep in mind that you go abroad only to work. Go abroad only if you can work hard. You have to remember that you are going abroad to earn some more money and achieve the advancement of your family.” said Siraj Cafoor.
Direct flights between Istanbul and Katunayake to commence from August
A special discussion between Turkish Ambassador – Demet Sekercioglu and Minister of Ports, Shipping and Aviation – Nimal Siripala de Silva took place last week at the ministry office. The aim of the discussion was to seek authorization to commence direct flights from the Turkish Capital Istanbul to Katunayake, Sri Lanka. The Chief of Turkish Airlines’ South Asia Office Fathi Bozkurt was also present during the discussion.
Currently, Turkish Airlines connects with Sri Lanka through a route that includes a stopover in the Maldives, resulting in an additional travel time of one and a half hours. The delay caused by this routing is not favored by travelers, as emphasized by the Ambassador.
The Chief of Turkish Airlines requested for time and space to be allocated in order to initiate direct flights between Istanbul and Katunaike, thus providing convenience for Turkish tourists and travelers who prefer visit Sri Lanka.
The Minister announced that the request would be forwarded to the Director General of the Civil Aviation Authority of Sri Lanka and the Airport and Aviation Services (Sri Lanka) (Private) Limited. The aim is to establish direct flights between Istanbul and Katunayake starting from August this year.
Turkish Airlines, a renowned airline with a fleet of over 100 aircraft, offers flights connecting Europe’s Vancouver and New York. The Chief of Turkish Airlines said that the new service would not only benefit European travelers but also encourage them to travel to Sri Lanka.
Developing and underdeveloped countries are paying the price for the wrong policies of some developed nations – Narendra Modi
Navy relief teams assist flood affected communities
Landslide Early Warnings issued to Badulla, Galle and Kalutara Districts
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