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‘UPay Millionaire’: the island’s first gamified contest

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The island’s first interactive game from a digital payment app, UPay Millionaire is all set to create a massive buzz among mobile payment users countrywide!

A first in banking and fintech locally, the gamified contest is an original innovation from leading lifestyle payment app UPay, which is powered by SDB bank. The initiative from UPay – Sri Lanka’s Payment App is an effort at increasing digital engagement islandwide in a fun and interactive way. Contest prizes and daily rewards are tied to the successful completion of a series of exciting daily tasks, together with friends and family.

Starting this month, much excitement has already built around UPay Millionaire’s novel gamification concept and the unbelievable list of cash prizes offered. With a Top Prize of 1 million Rupees, you stand the chance to be a millionaire in just 7 days! A refreshing change, as it can take several months to a year before receiving such a large reward with most other contests.

The other prizes offered are equally appealing, with a total of Five Rs.100,000 winners to be selected, plus a host of attractive daily cash prizes and other gifts to be handed out on 5 days of the contest. And the rules of the game are simple; complete a series of daily tasks as explained on the contest website and win big.

Across 7 days, contestants will be asked to join with friends and family and finish a series of daily tasks to remain eligible and participate. Daily tasks range from inviting a friend to the contest and getting them to download and register for UPay, and tagging friends on specific posts across social media, to recording and uploading fun and engaging videos onto the contest website.

With its simple and interactive style, UPay Millionaire promises a fun-filled gaming environment across a full week. And what’s more, it is the only mobile payment app game in the country with a million-rupee top prize! A game of many firsts, UPay Millionaire is geared to add a new dimension to the mobile and digital payments landscape in Sri Lanka in a revolutionary new way.

Enroll for UPay Millionaire and start playing to win bigger than ever before!

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Business

New look Chagall opens at Park Street

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Chagall opened its doors at Parkland on Park Street Colombo 2 , with Gerald Solomons, personally welcoming all his clients and the media to the brand new Chagall. 

Gerald who established Chagall as Sri Lanka’s most elite and fashionable salon, despite the prevailing situation with the pandemic and the existing restrictions, displayed his usual flair and panache, greeting everyone with the socially correct ‘ayubowan’ and ensuring that each and everyone present was made to feel special and welcome.Continuing the bold colour scheme of red, black and white, Gerald like his muse Marc Chagall, has a wide range of styles that can cater to an eclectic clientele.

The artist Chagall saw his work as “not the dream of one people but of all humanity”; similarly Gerald through his salon Chagall would like to transform each and every person who walks in through his door, so that they leave transformed, with a new confidence in themselves and their appearance.

Mrs World Caroline Jurie, clients and well wishers, keeping in mind health guidelines made their way to Chagall at Parkland on October 20 where Gerald and his team reaffirmed their commitment to their clients and the beauty industry, to continue upholding the highest standards and maintain all safety measures and health protocols.

Having established himself and Chagall as the hairdresser / stylist and salon of the elite, Gerald’s doors are open to anyone who wants to look good and different to those around them. ” Our doors are open to everyone who wants to look good, who wants to make a statement and who dares to bedifferent” said Gerald .Manicures, pedicures, long and short hair cuts and styles, make up, facials,bridal dressing, sari drapes and the whole gamut of services will beavailable, all in brand new surroundings.All staff have undergone intensive refresher courses with Gerald beinginvolved in their training himself. 

Known for his cool demeanor and eclectic style, Gerald started hairdressing at the age of 15 having left school, determined to make an impression in the world of hair, beauty and style! He joined  Moira Muthukrishna where hiscareer in hair dressing began and today he is a living legend. Chagall was set up in New Zealand where Gerald lived for over 20 years and then moved back to Sydney where Chagall continued. Gerald has also worked in Hawaii, Australia and London.Chagall.

 

 

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CSE indices pick up as trading yields Rs. 1.09 billion

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By Hiran H.Senewiratne

The  stock market on Monday suffered a near 2 percent  decline as investors reacted negatively to the sharp spike in COVID-19 cases in the second wave. Moreover, current investor favourite counters,  Tokyo Cement and Expolanka shares, also slightly declined in trading due to the current situation, market analysts said Amid those developments, both indices moved upwards yesterday. The the All Share Price Index rose by  15.74 points  and the S&P SL 20 Index was up by 8.73 points. The market managed to post Rs. 1.09 billion, safeguarding its track record of over a billion plus turnover for more than a month. But no crossings were reported during the day. 

In the retail market, top five companies that mainly contributed to the turnover were: Tokyo Cement (Non Voting) Rs. 160 million (3.2 million shares traded), Expolanka Rs. 187.6 million (7.8 million shares traded), HNB Rs. 99.8 million (881,000 shares traded), Tokyo (Voting) Rs. 86.7 million (1.47 million shares traded) and Dialog Rs. 69.5 million (6.34 million shares traded). During the day  55.3 million share volumes changed hands in 12620 transactions yesterday.

The market also lost Rs. 44 billion in value with blue chips JKH, Carsons, Ceylon Tobacco, Bukit and Distilleries as major contributors to the ASPI’s dip on the previous day.  Some analysts linked the lacklustre trading and sentiment to the quarantine curfew imposed in Fort and Pettah which caused a shutdown of offices and businesses in the area. 

 

 

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Initiative to support startups in Sri Lanka

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Microsoft for Startups recently launched the Highway to a 100 Unicorns initiative in Asia Pacific to strengthen the region’s startup ecosystem. This follows the initiative’s success in India, where only 56 startups were selected to the Emerge X program from six states, which have over 15000+ startups. The Emerge X winners have greatly benefited with global market access support, a 3-day founder bootcamp with world class mentors, access to funding, ongoing mentorship, and guidance on Azure, artificial intelligence, machine learning and more.

Innovation is critical to unlocking inclusive economic growth in Asia Pacific; high income economies in the region invest three times more in research and development as compared to their peers. To spur innovative entrepreneurship, Microsoft will work closely with governments and industry partners to discover and nurture technology startups with a high potential to become truly global enterprises in the future.

“At Microsoft, we are working to build up a more supportive ecosystem for startups in Sri Lanka,” said Hasitha Abeywardena, Country Manager, Microsoft Sri Lanka and Maldives. “Startups play a vital role in our economy as innovators, disruptors and first-movers. Sri Lanka needs more entrepreneurial development to fuel economic growth. Through Highway to a 100 Unicorns, we will enable startups in Sri Lanka to drive digital innovation in the region. We look forward to walking with founders along their growth journey and supporting them to scale and achieve more.”

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