The ‘Lanka Property Show – Virtual’ 2021 to go “live” on a global scale
Daham Gunaratna, the Managing Director of LankaPropertyWeb
LankaPropertyWeb, the company behind the country’s leading property show, the Lanka Property Show, has announced the launch of the 2nd successive ‘Lanka Property Show 2021 Virtual’ which will be live to the public from 9 am onwards from March 26 to March 28.
Opening up more avenues for participants to explore and engage in viewing and purchasing properties virtually , the Lanka Property Show 2021 will offer the opportunity for property buyers to view lucrative properties for purchase from the comfort of their own homes and from anywhere in the world.
From live video calls with developers and agents to interactive 3D walkthroughs, the Lanka Property Show 2021 Virtual will provide a realistic view and feel of property and to connect developers with buyers both locally and overseas.
The show will also offer exclusive deals on property prices up to 15% off on current selling prices of the listed developments, with these discounts being available exclusively during the property show.
The virtual conference comprises of an interesting line up of discussions catering to specific audiences such as real estate investors, real estate agents, first time home and land buyers, and those looking to build homes. The topics range from how to become a real estate entrepreneuer, to how best to invest in real estate in Sri Lanka, building a house under budget and in avoiding certain risks when renting.
Daham Gunaratna, the Managing Director of LankaPropertyWeb said that with the government’s ongoing repatriation scheme, the opening of the airport for tourists, the reduction in mortgage loan rates and Sri Lankans looking to improve their standard of living, the need for housing in the country is increasing continuously. The stable property market experienced despite the pandemic is further evidence of this trend, making now the perfect time for sellers to reach property buyers.
The audience will be able to pre-register for the event by visiting the virtual property show page on the website lpw.lk/events. The conference will also be available live and on-demand for those who cannot attend the live event. Having taken a proactive step to leverage technology to stay ahead in the business, this event offers clientele the chance to secure the best deals and investment opportunities available in the property market at present.
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.”
Stay on course and don’t go back to the past – Dr Indrajit Coomaraswamy
Sustainable economic development goals cannot be achieved unless attention is paid to mitigating climate change – Sagala Ratnayake
Parents can be tried for son’s school shooting: Appeals court
‘Dates have the highest sugar content to fight Coronavirus’
Sunday Island 27 December – Headlines
U.S. Congress to probe assets fleecing by US citizens of Sri Lankan origin
News6 days ago
Sri Lankan recognized as a Fellow by Society of Architectural Historians
News6 days ago
New orchid species discovered in Walankada Forest Reserve
News5 days ago
Geoffrey Bawa exhibition opens in New Delhi
Editorial7 days ago
‘Shree Anna’ and Sri Lanka
Features5 days ago
A tribute to a great leader
Breaking News7 days ago
Arrest warrant issued for Putin over alleged war crimes
Features16 hours ago
Happy Birthday dearest Mrs. Peries !
News2 days ago
Decorated gunship pilot blacklisted for appearing on political stage