Prime Lands Residencies to enhance Negombo’s most happening place with Amber SKYE
Leading property developer Prime Lands Residencies PLC recently celebrated the ground breaking ceremony for Amber Skye Negombo, marking the commencement of constructions of Negombo’s prime, luxury oceanfront real estate complex. The piling of the property kicked off in the presence of a number of Prime Lands Residencies PLC’s directors and General Manager of Engineering.
With 70% of its units sold already, Amber Skye Negombo asserts its growing value and popularity as a lifetime opportunity to set down roots in the exotic locale of the most happening place in Negombo Hotel Road. The property spoils its residents with a highly attractive blend of luxury living and leisure and is highly favoured by residential customers, local investors and Sri Lankan expats.
Amber Skye Residencies hosts a collection of 145 spacious, one– to three-bedroom apartments with prices starting from Rs. 19.5 Million upwards. The project is slated for completion in mid-2024 and offers attractive interest free payment plans spread across three years.
“We are delighted to break ground of one of our most popular and well accepted luxury offerings in Negombo. For convenience and comfort, Amber Skye raises the bar on apartment living in one of the most easily accessible and exciting areas within the country, and is set to change the real estate and luxury living status quo of this region. We are confident that we will deliver this unique space in line with its existing distinction and importance to this dynamic and rapidly appreciating area. These living spaces are truly unreal not only because they offer seclusion and exclusivity but because of its location and the sophisticated architecture that blends right into the natural landscape offering access to infinite leisure opportunities. This is luxury oceanfront living at its very best,” remarked Prime Group Chairman Premalal Brahmanage.
All apartments and penthouses of the property are exquisitely designed to maximize natural lighting, with an abundance of space, which is enhanced through contemporary design, meticulous detailing and modern features.
Overlooking the crystal blue waters of the Indian Ocean, Amber Skye offers priceless leisure opportunities located just minutes away from the main tourism attraction of Negombo as well as the Bandaranaike International Airport along with convenient access to the highway.
The property features a diverse array of indulging amenities to enhance everyday experiences. This includes a 24/7 concierge service, visitors lobby, rooftop infinity pool, kids pool and play area, yoga deck, large roof terrace, observation telescope, BBQ terrace, fitness center, rooftop ocean bar, and a business center. Residents are also offered a drivers rest area, maids’ quarters, laundry rooms, 24-hour security with digital surveillance and access control elevators. The two-bedroom rentable apartment has a dual key facility, which allows owners to rent the unit to two different parties, separated as a studio apartment and an apartment with one bedroom.
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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