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SLT-MOBITEL National Business Directory 2021/22 unleashes the ‘Power of Local Search’

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The SLT-MOBITEL National Business Directory (Rainbow Pages) recently unveiled a brand-new look for its digital and print directories, with the new edition incorporating a number of digital tools to create more value and continue its support towards businesses in withstanding the impact of the COVID-19 pandemic.

The SLT-MOBITEL National Business Directory is the only one of its kind in the country and is recognized as the most reliable business directory designed to connect users and businesses to both local and world-renowned reputable manufacturers and producers.

Commenting on the enhanced options, Upul Manchanayake, Chief Executive Officer SLT Digital Info Services (Pvt) Ltd. said, “The business directory is an exclusive marketing tool that can be used with the capability of adding many extensions or mediums to amplify messages and influential to reach out to a wide spectrum of customers across the island. Businesses pour millions of rupees to create amazing products that are market ready, aiming to revolutionize the whole industry. Today, organizations and SMEs are well aware that the core business of bridging buyers and sellers can be achieved through the digital directory which has thousands of users. By adopting multiple options such as a Website, Online advertising, Search Engine Optimization, Digital Marketing, emails, messaging, etc., their ability to reach to potential customers via the National Business Directory from SLT-MOBITEL has been guaranteed. We invite the entire business community to get onboard with our multi-channel platform and capitalize on its extensive and engaged audience.”

Creating an attractive space for advertisers, the improved and upgraded digital directory rainbowpages.lk features a verified ‘true local search’. This offers exposure to a massive 10,000 daily hits of potential buyers and visitors to the rainbowpages.lk.

The National Business Directory is available as a digital directory with online platform capabilities and also as a print version that supports manufacturers, suppliers, producers, service industries and large-scale consumers to interact directly.

SLT-MOBITEL invites the country’s business community to take advantage of this live directory which has daily updates in addition to new features and search capabilities. The print version of this valuable directory is expected to be launched soon.

The directory can be accessed via a range of cutting-edge ‘digital directory products’ such as rainbowpages.lk, a mobile optimized website, via a mobile app, a directory CD and the 24-hr Call Centre service on SLT 1212 & Mobile 444. These platforms have been introduced to address the evolving needs of people and organizations.

The National Business Directory from SLT-MOBITEL holds the unique position of being Sri Lanka’s only Business Directory featuring over 6,000 business organizations, 170,000+ classified and unclassified verified listings of products and services representing all economic sectors including government institutions and religious places.

Additionally, based on a government directive, all government institutions are requested to seek cost proposals or quotations when procuring goods and services, from suppliers registered in the SLT-MOBITEL National Business Directory.

Advertisers are encouraged to make use of this not-to-be-missed annual opportunity and advertise with the SLT-MOBITEL Business Directory (Rainbow Pages), ensuring they not only showcase their businesses but harness the exponential business growth in spite of a highly competitive marketplace.

The National Business Directory from SLT-MOBITEL (Rainbow Pages) offers both digital and print versions in a very comprehensive and informative guide rather than a mere telephone directory, thus helping citizens arrive at the right decisions efficiently. Over 6,000 business organizations including blue chip companies in Sri Lanka have trusted the SLT-MOBITEL Business Directory to convey their message to consumers and millions of people who access the directory globally to fulfill their directory information needs. As the only National Business Directory in Sri Lanka, SLT Rainbow Pages helps create millions of business-to-business (B2B), business-to-government (B2G) and business-to-consumer (B2C) transactions annually.



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People’s Bank celebrates 75 years of Independence by offering gifts to newborns

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People’s Bank celebrated Sri Lanka’s 75thNational Independence at a modest ceremony held at their Head Office which was followed by a series of island wide initiatives.People’s Bank’s ‘Birth of Freedom’ programme which commences on every Independence Day was carried out this year as well. Under this concept, People’s Bank gifts Rs.2,000/- worth of an ‘IsuruUdana’ Gift Certificate to every baby born between the 1st and 14th of February.

People’s Bank launched this programme in 2006 with the vision of instilling national pride and encouraging parents to plan for their children’s future. Parents can open an ‘Isuru Udana’ Children’s Savings Account at any People’s Bank Branch using the Gift Certificate.

Director of the Castle Street Maternity Hospital Dr. Ajith Danthanarayana, Director of De Soysa Hospital for Women in Borella Dr. Pradeep Wijesinghe, People’s Bank Senior Deputy General Manager (TB & OCS) Rohan Pathirage, Deputy General Manager (Retail Banking) Renuka Jayasinghe, Deputy General Manager (Strategic Planning, Performance Management & Research) Jayanthi Kurukulasooriya, Deputy General Manager (Risk Management) Roshini Wijerathna, Deputy General Manager (Banking Support Services) Nipunika Wijayaratne, Deputy General Manager (Channel Management) T.M.W Chandrakumara, Head of Marketing Nalaka Wijayawardana, Assistant General Manager (Retail Banking) Nalin Pathiranage, Assistant General Manager (Human Resources) Manjula Dissanayake, Colombo North Regional Manager S.L.M.A.S Samarathunga, Colombo South Regional Manager M.S Kanakka Hewage, Borella Branch Manager W.A.N Udayangani, Town Hall Branch Manager Tiral Pradeep, Deputy Director of De Soysa Hospital for Women in Borella, Dr. K.M Nihal, Administrative Officer of Castle Street Hospital for Women S.M.T.A.R. Bandara, Nursing officers along with hospital staff were also present at the event.In line with the above all People’s Bank branches across the country initiated ‘Nidahase Upatha’ activities island wide.

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Norlanka Manufacturing Trincomalee receives LEED Gold Certification

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Norlanka Manufacturing Trincomalee was recently awarded the prestigious LEED Gold Certification (Leadership in Energy and Environmental Design).Norlanka, one of Sri Lanka’s largest sustainable exporters of baby and kidswear, has an extensive ESG (Environmental/Social/Governance) strategy and understands the responsibility it has concerning the future of a sustainable apparel industry. Therefore, ethical sourcing, in particular working with responsible supply chain partners has been a critical operational necessity.

The LEED certification is a globally recognized symbol of sustainability achievement, and it is backed by an entire industry of committed organizations and individuals paving the way for market transformation. It’s awarded for projects that have earned points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Buildings consume energy and resources at an alarming rate, therefore the LEED rating system is the most widely used green building rating system, as it provides a framework for healthy, efficient, carbon and cost-saving green buildings.

LEED takes multiple areas into account with varying sub-criteria when certifying a building such as location, transportation, sustainability of the site, construction, water efficiency, energy and atmosphere, materials and resource, waste management, indoor environment quality, innovations and more.

Chief Innovation Officer of Norlanka, Buddhi Paranamana stated, “This LEED Gold certification is a testament to our constant drive to improve our sustainability efforts. This award marks yet another milestone in Norlanka’s journey towards becoming carbon neutral by 2025. Since 2010 we’ve constantly been learning how to do things in a more sustainable way. I would like to congratulate our team for obtaining this certification. It showcases dedication towards achieving sustainable excellence while achieving our goals and providing customers with high-quality products.”

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SL bondholders ready for debt restructuring talks with authorities– with conditions

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Sri Lanka’s bondholders have told the International Monetary Fund (IMF) that they are prepared to engage with Sri Lankan authorities in debt restructuring talks consistent with the parameters of the global lender’s program.The Ad Hoc Group of Sri Lanka bondholders conveyed its stance in a letter directed to IMF Managing Director Kristalina Georgieva on Friday (Feb. 03).

“The Bondholder Group through its Steering Committee stands ready to engage quickly and effectively with the Sri Lankan authorities to design and implement restructuring terms that would help Sri Lanka restore debt sustainability and allow the country to re-gain access to the international capital markets during the IMF Programme period.”

The Bondholder Group acknowledged the Sri Lankan authorities’ engagement with their official creditors towards a resolution of the current crisis and restoration of debt sustainability.

The Bondholder Group further acknowledged that such engagement has recently resulted in the Indian government delivering letters of financing assurances to the IMF, committing to support Sri Lanka and contribute to its efforts to restore debt sustainability by providing debt relief and financing consistent with the IMF Extended Fund Facility Arrangement and the IMF Programme targets indicated in the India’s letter to the global lender.

Sri Lanka Bondholder Group Letter to IMF stated:

Based on the limited information available to us at this time, including information contained in the India Letter, we understand that the IMF Programme’s debt sustainability targets are identified as (i) reducing the ratio of public debt to GDP to 95% by 2032, (ii) limiting the central government’s annual gross financing needs to GDP ratio to 13% in the period between 2027 and 2032, and central government annual foreign currency debt service at 4.5% of GDP in every year between 2027 and 2032 and (iii) closing of the external financing gap.

The Bondholder Group hereby confirms it is prepared to engage, through its Steering Committee, with the Sri Lankan authorities in restructuring negotiations consistent with the parameters of an IMF Programme and the targets specified therein (the “IMF Programme Targets”), which the Bondholder Group understands to be the targets identified in the India Letter; it being recognized that these negotiations will necessarily be further informed by the receipt of the forthcoming DSA. We would note that the finalization of an agreement will also be subject to the satisfaction of the following conditions:

The central government’s domestic debt – defined as debt governed by local law – is reorganized in a manner that both ensures debt sustainability and safeguards financial stability. Assuming that annual gross financing needs should not exceed 13% of GDP in the period between 2027 and 2032, whilst allowing for central government annual foreign currency debt service to reach 4.5% of GDP in every year between 2027 and 2032, domestic gross financing should therefore be limited at 8.5% of GDP for the period 2027-2032.

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