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People’s Bank upgrades Gelioya Service Centre into a fully-fledged branch

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The opening ceremony was carried out in accordance with the COVID-19 health guidelines

With the aim of providing a seamless digital banking experience to its customers, People’s Bank upgraded its Gelioya Service Centre into a fully-fledged branch and ceremonially opened it to the public on 11th October, making it the 363rd People’s Bank branch in the country.

Prof. Ranjith Bandara – Member of Parliament, Sujeewa Rajapakse – Chairman, Ranjith Kodituwakku – Chief Executive Officer/General Manager, Mahinda Premanath – Deputy General Manager-Channel Management, Nalaka Wijayawardana – Head of Marketing, Buddhika Ranatungage – Regional Manager–Kandy, Tissa Tennakoon and Kumari Dayananda – Assistant Regional Managers, all from People’s Bank, together with Gamini Tennakoon – Chairman of Udunuwara Divisional Secretariat, Nashra Zuhair – Branch Manager and other bank officials as well as customers took part in the event.



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Pelwatte Dairy-led Chef’s Guild supported Chef Event energises Sri Lanka tourism

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Pelwatte Dairy, the leading local dairy brand in Sri Lanka that produces a range of dairy products and saves valuable foreign exchange, recently stepped into promoting a cornerstone in Sri Lanka’s culinary and hospitality sectors, the chefs of Sri Lanka.

The Chef Event held at Amagi Aria Hotel, Negombo, and organized by Pelwatte Dairy in partnership with the Chef’s Guild of Lanka, became a viable networking platform for the culinary experts while also giving a significant boost to their professional and skills development. The other partner of the event was the Amagi Aria Hotel.

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SLT-MOBITEL Enterprise becomes SriLankan Airlines’ total communication solutions provider

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SLT-MOBITEL Enterprise, the National ICT Solutions Provider, dedicated in their service to delivering best-in-class technology for the enterprise segment has signed a bilateral agreement with SriLankan Airlines with the support of Millennium IT ESP. The Managed Services Excellence event was held recently at the Jetwing Blue Hotel in Negombo.

Under this agreement, SLT-MOBITEL Enterprise will manage Service Solutions for SriLankan Airlines including Data Networking Services, Enterprise Business Internet Services, Wi-Fi Services including equipment and infrastructure, and Voice solutions.

“SLT-MOBITEL is proud to partner with SriLankan Airlines in delivering the best possible communication solutions. This partnership builds upon the strong history of collaboration between our two companies and demonstrates our shared commitment to serving Sri Lanka. By leveraging SLT-MOBITEL’s enterprise-grade services and solutions and Millennium IT ESP’s expertise, SriLankan Airlines will be able to operate more efficiently and better serve our country and its citizens,” said Janaka R. Abeysinghe, CEO of SLT.

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Notable buying interest in blue-chip shares; SLT share price dips

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By Hiran H.Senewiratne

CSE trading was bullish and positive yesterday since retail and institutional buyers showed some buying interest in several blue-chip stocks, mainly, JKH, Hayleys, LB Finance and banking stocks, market analysts revealed.

However, the SLT share price decreased by 8 percent or Rs 8 due to certain negative news reports on its share price. Its share price moved to Rs 85.10 from Rs 93.10.

Amid those developments both indices moved upwards. The All- Share Price Index went up by 58.41 points and S and P SL20 rose by 17.24 points. Turnover stood at Rs 2.2 billion with six crossings. Those crossings were reported in JKH, which crossed 3.35 million shares to the tune of Rs 469 million, its shares traded at Rs 140, Hayleys 4.6 million shares crossed to the tune of Rs 329.3 million and its shares traded at Rs 71, LB Finance two million shares crossed for Rs 107 million; its shares traded at Rs 53.50, Hemas Holdings 466,000 shares crossed for Rs 30.6 million and its shares fetched Rs 65.80, Colombo Port Lands 800,000 shares crossed for Rs 22.4 million; its shares traded at Rs 28 and Sierra Cables two million shares crossed for Rs 21 million and its shares fetched Rs 10.50.

In the retail market top seven companies that mainly contributed to the turnover were, JKH Rs 506.5 million (3.6 million shares traded), Lanka IOC Rs 126.6 million (981,000 shares traded), Sampath Bank Rs 88.7 million (1.8 million shares traded), SLT Rs 62.4 million (726,000 shares traded), Hayleys Rs 55.8 million (645,000 shares traded), First Capital Rs 37.4 million (1.1 million shares traded) and LOLC Finance Rs 32.6 million (6.4 million shares traded). During the day 52.7 million share volumes changed hands in 11000 transactions.

The spot US dollar opened at Rs 294.50/296.00 and the bonds were steady on the previous day, dealers said. The Spot US dollar closed at Rs 294.0/295.50 on the previous day.

A bond maturing on 15.09.2027 was quoted at 23.40/60 percent unchanged from a day earlier. A bond maturing on 15.05.2026 was quoted at 24.30/60 percent steady from 24.15/25.30 percent from last close.

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