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Spectra named Best Container Depot for Import and Export at ICS Awards 2020

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The country’s premier logistics company, Spectra Integrated Logistics, a joint venture between Hemas Transportation and GAC Sri Lanka, was named ‘Best Container Depot’ for both Import and Export sectors at the 27th Annual ICS Awards ceremony 2020 held recently.

This win rides on the company being recognized as Best Container Depot- Import and nominated in the Export sector in ICS Awards 2019.

The awards ceremony conducted by the Institute of Chartered Shipbrokers (ICS- UK) Sri Lanka recognizes top performing logistics providers in the country based on an independent survey conducted among numerous importers and exporters on the services they received for the year 2020.

As a one stop shop logistics solutions provider of warehousing, transportation, customs brokerage and container depot services, Spectra’s consistent performance in providing the best integrated logistics services to its customers has helped the company bag the Best Container Depot- Import award for the second consecutive year.

The event was held on March 26 at Cinnamon Lakeside Colombo with Minister of Ports and Shipping Rohitha Abeygunawardena as chief guest and former Speaker Karu Jayasuriya and Chairman of the Sri Lanka Ports Authority (SLPA) General (Retd) Daya Ratnayake as guests of honor. Prof. Ajantha Dharmasiri delivering the keynote speech.

Commenting on the awards, General Manager – Inland Container Terminal at Spectra Integrated Logistics, Rohitha Jayatilake said, “We thank all our customers for their tremendous encouragement and support to keep us moving forward amidst various challenges we faced as a result of the COVID-19 pandemic. Our success was made possible by the trust that our customers have placed in us and the dedication of our highly motivated and passionate team of supply chain experts. We are confident that the company will continue to grow from strength to strength with the continued support of our customers and our staff.”

Spectra’s extensive knowledge and expertise in providing some of the best integrated logistics solutions spans diverse industry sectors. The company has a fifteen-acre state-of-the-art container yard in the Muthurajawela Industrial Zone with a warehousing and distribution facility famed for being one of the largest of its kind in the country.

The company is embarking on a digital transformation journey to fully optimize its operations to cater to the evolving needs of its customers and the industry, by providing an innovative, seamless, and real-time service experience while focusing on societal and environmental values.

Spectra aims to be a gamechanger in the industry with the vision of being the leading innovative, integrated supply chain and logistics solutions partner, and fostering a culture that embraces innovation and inclusion which surpasses all other service providers in Sri Lanka.



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Business

Share investors worried over Wealth and Heritage tax

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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.

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Brandix ‘RightToRead’ initiative gains momentum enriching Sri Lanka students and transforming learning

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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.”

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Dialog TV Boosts Resilience and Capacity with Norsat Satellite Earth Station

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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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