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oDoc – HUTCH Suwa Sarana to provide free telemedicine services to all Sri Lankans

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In a pioneering initiative to support the health care sector, HUTCH has joined forces with the leading telemedicine provider oDoc to launch the oDoc-HUTCH Suwa Sarana initiative to offer telemedicine services free of charge, to all Sri Lankans during the present travel restrictions. Through this CSR initiative, all Sri Lankans regardless of their mobile network operator will be able to obtain free medical advice from the safety of their homes by dialing 078 8777222.

oDoc – Hutch Suwa Sarana service will enable people to stay safe at home and schedule an appointment over the phone with an SLMC registered General Practitioner. In addition to the medical advices, the users can also can obtain certified digital prescriptions through this service.

Commenting on the new initiative, HUTCH CEO, Thirukumar Nadarasa said, “Telemedicine has a huge potential to serve the country particularly in this sort of a situation where the health care sector needs more support. It can play a major role in allowing Sri Lankans to stay indoors and obtain necessary advice and prescriptions from a qualified and trusted GP. We are proud to be at the forefront of this initiative together with oDoc and provide free telemedicine access to all Sri Lankans during this pandemic.”

This timely initiative is rolled out as an outcome of the groundbreaking partnership between HUTCH and oDoc to offer oDoc telemedicine services that has been launched to HUTCH subscribers at an affordable price. The service is offered at an introductory rate of just Rs.199+ taxes per consultation.

CEO, oDoc, Heshan Fernando said, “We are committed to helping our country in this emergency situation. Telemedicine is the need of the hour as hospitals see an upsurge in patients amid the Covid-19 crisis. With HUTCH onboard with us, we are confident that we can provide a great relief to the health care providers by further expanding our services. Our partner GPs, having identified the gravity of the situation, are ready to serve around the clock and help patients with hassle free services 24/7. We invite everyone to avail this free service by staying safe at home.”

 

 



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Business

U.S. confident SL would ensure required facilitation for U.S. investors

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Sri Lankan government has pledged to address the pending policy issues and I am confident that once the pandemic subsides, concrete efforts will begin to improve ease of doing business and ensure the required facilitation for US investors, Martin Kelly, Charge d’ Affairs of the Embassy of the United States of America in Sri Lanka said recently speaking at the Sri Lanka Invest Forum 2021 held virtually through June 7-9, 2021

“Sri Lanka was among the first countries in the region to open its economy and offers the highest standards of living among other advanced indicators in South Asia. Over the last seventeen years, the country continued to transition from an agriculture commodity based economy to become world leader in textile and apparel, a major exporter of IT and communication related services and of course a world class destination for international tourists,” he said.

“Promoting trade and investment opportunities is one of the embassy’s top priorities, and a vital component of our efforts to encourage private sector led development and toward stronger ties between the two countries,” he said.

Kelly said that the government of Sri Lanka has promoted pro-business policies including tax benefits, to attract the U.S. and other foreign direct investments.

 

 

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ComBank donates ICU beds to Kegalle Teaching Hospital

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Commercial Bank Chairman Justice K. Sripavan and Managing Director S. Renganathan with representatives of the Bank and the Kegalle Hospital

The Commercial Bank of Ceylon has donated three Intensive Care Unit (ICU) beds to the Teaching Hospital Kegalle, which receives over 80,000 admissions and 350,000 clinic visits, annually. The donation was made following a request from the hospital and will help it to provide seamless healthcare services to prevent non-pandemic related morbidities and mortalities while also treating patients who are COVID-19 positive.

The CSR Trust of the Bank has already gifted medical equipment and gear including Personal Protection Equipment (PPE) kits, face masks, surgical masks, hand sanitisers, Slit lamps, pulse oximeters, multipara monitors and oxygen concentrators to over 16 government hospitals. Commercial Bank also made a monetary donation to the National COVID-19 Healthcare and Social Security Fund set up by the government last year.

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Trading activity gets slower among retail investors

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Lankem Ceylon Rights Issue undersubscribed.

By Hiran H.Senewiratne 

Stock trading at the Colombo Stock Exchange (CSE) was marginally positive yesterday and the number of retail investor participation was lower compared to previous trading days. Index heavy LOLC group which accounted for more than 30 percent of the turnover, contributed 20 points to the All Share Price Index, stock market analysts said.

Both indices moved upwards. All Share Price Index was up by 35.75 points and S&P SL20 up by 2.01 points. Turnover stood at Rs 1.74 billion sans a single crossing. In the retail market top six companies that mainly contributed to the turnover were LOLC Rs 510 million (1.28 million shares traded), Expolanka Holdings Rs 197 million (4.1 million shares traded), Melstacorp Rs 137 million (2.6 million shares traded), Browns Investments Rs 71.5 million (11.3 million shares traded), Windforce Rs 68.2 million (3.5 million shares traded) and Hayleys Holdings Rs 54.8 million (730,000 shares traded).

Index heavy LOLC, which contributed 20 points to the All Share Price Index, appreciated its share price by Rs 18.75 or 4.85 percent. Its share price started trading at Rs 386.25 and at the end of the day it moved up to Rs 405.

A pioneer in renewable energy, Vidullanka PLC has successfully completed raising additional capital of Rs. 253 million to fuel its expansion drive in the solar power sphere.

Lankem Ceylon Plc, Rs. 677 million worth Rights Issue has been undersubscribed. When the issue closed the Company managed to draw only subscriptions for 17.6 million shares worth Rs. 352.3 million. The original plan was to issue 33.85 million shares at Rs. 20 each aiming at raising Rs. 677 million. The basis was one new ordinary share for every one share held. Funds were to be raised to augment working capital requirements.

During the day 67.9 million share volumes changed hands in 17564 share transactions.

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