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SLIIT graduates receive postgraduate scholarships from prestigious German universities

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Confirming SLIIT’s ranking as the nation’s premier higher education institute and its students’ quality, several graduates received scholarships to pursue their postgraduate studies in prestigious universities in Germany.

SLIIT recently celebrated the first batch of SLIIT alumni students who will transfer to Germany for postgraduate studies.

Praveen, Hasal and Varuni have enrolled at the University of Bremen for postgraduate programmes in MSc Control, Microsystems and Microelectronics. The University of Bremen is among one of Germany`s top eleven universities of excellence. It is renowned for its strengths in the sciences and engineering, disciplines as well as the humanities and the social sciences.

Binura Perera is a recipient of the DAAD (Deutscher Akademischer Austauschdienst) Scholarship awarded by the German government for potential leaders from developing countries. Remarkably this scholarship for the renewable energy domain has been awarded to a Sri Lankan after a lapse of 15 years. He is pursuing the Masters in Renewable Energy (PPRE) at the University of Oldenburg, which is considered the oldest postgraduate course in Renewable Energy in Europe and home to several leading brands, products and prestigious alumni in the renewable energy field. The opportunity to study the course is given only to 22 promising candidates who have proven their calibre during a rigorous selection involving 1000+ applicants from around the world.

After graduating from SLIIT in 2017 with the award for the best performer and a first-class degree in Mechanical Engineering, Binura has made great strides in creating sustainable energy benchmarks for the apparel industry. As the group lead energy engineer for Brandix Apparel Limited in 2018/9, he and his team successfully obtained the World Green Building Council recognition for the world’s first carbon-neutral apparel manufacturing facility. The team achieved the world’s second-highest score for a green manufacturing plant (LEED) awarded by the US Green Building Council for the Brandix Batticaloa factory, with several first in Sri Lanka and first in the region projects.

Commenting on these scholarships, Prof. Nimal Rajapakse, Deputy Vice-Chancellor (Academic) of SLIIT said, “We are extremely proud that our students received these scholarships from prestigious institutions in Germany.”

 

This is not only recognition of their academic abilities but also showcases SLIIT’s track-record in producing world-class graduates who can compete with the best in the world. We are confident that these graduates will make the best out of this wonderful opportunity and serve our nation after they complete postgraduate studies.”

Before studying in Germany, Varuni graduated from SLIIT with a BSc in Electrical and Electronic Engineering, achieving First class honours. During which she was also awarded the Dean’s List recognition for three consecutive years. Since mid-2020, she has been studying for her MSc. in Control, Microsystems and Microelectronics at the University of Bremen, Germany. She was employed as an Assistant Lecturer at SLIIT’s Engineering Department before leaving for Germany. Varuni’s research interests include Computer Vision and Image processing, Machine learning, etc.

Praveen was an Academic Instructor at SLIIT’s Department of Electrical and Electronic Engineering. He graduated from SLIIT with a BSc Electrical and Electronic Engineering and was awarded the Dean’s List recognition. His research interests include Machine learning, Embedded Systems, Computer Vision and Image processing, etc.

Hasal was employed as an assistant lecturer at SLIIT’s Engineering Department after graduating with a BSc. Electrical and Electronic Engineering. He obtained first – class honours. A member of the Institution of Engineering and Technology (MIET), Hasal interned as a trainee at the Ceylon Electricity Board and the Airport & Aviation Authority. SLIIT offered him several semester scholarships based on his continuous superior academic performance. He was also recognised on the Deans’ Lists from 2016-2018.

Explaining their pathway in attending the German University, Praveen said, “All of us worked at SLIIT for one year after graduation. We worked on a project together that focused on a human gait cycle detection/prediction algorithm using low computation with Dr. Nimsiri Abhayasinghe, Head, Department of Electrical and Electronic Engineering. Varuni and I have worked on a project focused on a machine learning based lecture capturing system. Hasal’s project was based on virtual power plants for power system flexibility. We are excited to study in a country that is world-renowned for its technology inventions and industrial capacity. We reached this milestone because of the quality of education offered by SLIIT look forward to this new exciting higher education phase in our lives.”

Image One – Binura Perera, a recipient of the DAAD Scholarship awarded by the German Government

 

 

 



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LOLC Al-Falaah unveils pioneering Wadi’ah Gold-Storage Facility with multiple customer benefits

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Sri Lanka’s most awarded and trusted Alternate Financial services brand, LOLC Al-Falaah recently unveiled their ground-breaking new product – the Wadi’ah Gold Loan Facility. This is the 1st time a Finance company in Sri Lanka is offering this facility. Al-Falaah Wadi’ah is a unique gold storage option offered to Al-Falaah’s valued customer base. All gold articles are tested for quality and authenticity using state-of-the art equipment by the company’s experienced staff without causing any damage to the jewellery. A unique ‘Gold Storage Certificate’ with the description of articles, including weight, quality and quantity along with the market value will be issued to the customer when obtaining this facility.

Speaking about the new product, Mr. Shiraz Refai, Deputy General Manager of LOLC Al-Falaah said, “Gold is a favourite investment option at all levels within the concentrated community. The metal is usually pawned, sold or exchanged when in need of cash. As the conventional Pawning options and Gold Loan offering has limitations to cater to the specific needs, as well as contradict with certain beliefs of the community, a concept acceptable and practiced in the industry is introduced by LOLC’s Alternate Financial Services Unit to its valued customer segment”.

Accordingly, a unique feature has been introduced to the Al-Falaah Wadi’ah Gold Storage facility offering the Customer the benefit of obtaining an interest-free maximum Cash-Advance in the industry at zero mark-up against the gold storage certificate value for any emergencies. In addition, for the convenience of the customers, the Gold storage facility period is extended from 3, 6 and 12 months without any requirement for a deposit and the custodial fees are comparatively competitive. The stored gold articles will also be offered a free Takaful cover with a reassurance of highest safety and security.

The Al-Falaah Wadi’ah gold storage facility will be initially available at selected branches including Wellawatta, Akkaraipattu, Kalmunai, Pottuvil, Grandpass, Maradana, Mawanella, Matara, Nawalapitiya and Negombo. Al-Falaah aims to make the facility available across all LOLC Finance branches and dedicated Al-Falaah centers island-wide by the end of the 1st quarter of 2021.

Commenting on the new Al-Falaah Wadi’ah Gold loan facility, Nishantha Jayasekera, Chief Manager, SME Unit & Head of Gold Loan Business of LOLC Finance said, “The main aim of this facility is to give financial-access to the grass-root level clients who do not have direct access to banking & finance, but require small cash advances to develop daily businesses and self-employment. Through this product and its value added features, we hope to cover all segments of the population”.

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LANKATILES donates high-end ventilator to Colombo North Teaching Hospital

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A Rs. 4.3 million ventilator has been donated to the Coronary Care Unit of the Colombo North Teaching Hospital, Ragama, by LANKATILES, the country’s leading tile manufacturer.

The machine was described as a high-end, world-class piece of equipment suitable for all patient groups.

Present at the official hand-over were Mr Mahendra Jayasekera, Managing Director of Lanka Walltiles PLC and Lanka Tiles PLC, Dr. S. P. A. Liyanage Ranaweera, Director of Colombo North Teaching Hospital, and Dr. Sanjeewa Rajapakse, Consultant Cardiologist of the hospital.

At a time when state-of-the-art equipment is urgently needed to contain the COVID-19 pandemic, LANKATILES reaffirmed its commitment to help frontline hospital staff in their efforts at reducing the spread of the virus and easing patient numbers.

The company said this was a commitment it is ready to stand by at all times in the interests of the country.

 

 

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Sampath Bank hosts Central Bank’s ‘MatarataQR’ event to promote QR code use

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Matara, April 3rd, 2021: Sampath Bank PLC recently hosted the Central Bank of Sri Lanka’s (CBSL) MatarataQR event, in a bid to drive awareness and increase acceptance and usage of LANKAQR, the common Quick Response (QR) code standard for the country that was introduced in 2020.

Encouraging consumers to adopt the use of QR codes in their day-to-day transactions, the event was held at the Sanath Jayasuriya Grounds in Matara under the patronage of the Chief Guest, Dullas Alahapperuma, Minister of Power and Guest of Honour, D. Kumaratunga, Director – Payments and Settlements, Central Bank of Sri Lanka; along with senior officials from the CBSL, other commercial banks and financial institutions. Sampath Bank was represented by Nanda Fernando – Managing Director; Tharaka Ranwala – Senior DGM – Operations / Group Chief Marketing Officer and Ajith Salgado – Group Chief Information Officer.

At the event, the Bank actively promoted its ‘WePay’ mobile wallet which helped attract more customers while also onboarding new merchants. A 25% cash back was on offer for payments at over 200 merchants in Matara on the day, made via the LANKAQR enabled WePay digital mobile payment app.

“We are very proud to partner with the Central Bank to host this event that will highlight the safety, convenience and speed of getting onboard the LANKAQR payment standard to the people of Matara. These benefits, coupled with the advanced digital banking solutions offered by Sampath Bank, make it a simple choice to migrate to digital payment technology and we warmly invite the merchants in Matara to come experience the benefits of adopting this new method of payments,” said Nanda Fernando, Managing Director, Sampath Bank PLC.

Sampath Bank is a 100% local bank that has deeply rooted itself in the lives of the people of Sri Lanka. Established in 1987, the bank has become a state-of-the-art financial institution that continues to be a market leader today thanks to its constant innovation and customer focused approach to business. It has introduced many firsts to the Sri Lankan banking sector including introducing ATMs to Sri Lanka, extended banking hours and slip-less banking to name a few. The Bank is steadily transforming itself into a ‘tech company engaged in banking,’ from the traditional approach of a bank engaged in technology.

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