Business
‘South Asia’s highest sky bridge’
Capitol TwinPeaks, the LKR 25 billion flagship mixed-development project by the Sanken group’s Capitol Developers and Sanken Construction, located on the Beira lakefront in Colombo 2, recently began the installation of their 50th level sky bridge.
Following the announcement in early 2019 for plans to set the record for South Asia’s highest sky-bridge, the project which is set for completion and handover by end June 2021 began the installation of the sky bridge on October 29 2020, despite the second COVID-19 lockdown which continued to affect many of Sri Lanka’s industries.
Commenting Managing Director, Capitol Developers – Rohana Wannigama noted “With Capitol TwinPeaks being a notable landmark amidst landmarks, the sky bridge has been a much anticipated design and construction feature of the project. The sky bridge is yet another iconic moment in Sri Lanka’s history as it will be the highest in South Asia – yet again affirming Capitol TwinPeaks and Colombo as the ultimate location for those seeking a cosmopolitan lifestyle. This milestone signifies a historic moment in the field of architecture and engineering for our nation as the sky bridge is an open glass viewing point.”
Constructed at 174.2 metres (572 feet) above ground level, the remarkable aerial feat of engineering is part of the residential project, to link the 50-storey free-standing twin towers by a 30 foot (4.2 metre) long sky bridge.
Concluding, Mr Wannigama noted “As we continue at full speed towards completion of the entire project by end June 2021, this significant milestone – even amidst a slow down in many industries and nations, worldwide – is yet another signifier of Sanken’s drive and capability to deliver on time, in full. This sky bridge not only connects both towers at the top, allowing residents access to the exclusive facilities on the 50th floor, but is also featured as one of the project’s greatest engineering challenges”.
Under Sanken Construction, indepth research and testing was conducted to ensure safety of the sky bridge during high wind speeds and even earthquakes. Options such as elastomeric bearings, slide bearings and friction pendulum seismic isolation bearings for the sky bridge connectors were considered and tested, wherein customised guided slide bearings were selected as the most suitable bearing type for the connection between the skybridge and the towers. The design accommodates safe movement for both those on the bridge as well as those within the building during any turbulence.
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.
Business
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.”
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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