Asian Alliance Insurance opens new
distribution office at Nugegoda
Asian Alliance Insurance
commenced the operations of the newest addition to its regional
distribution network in Nugegoda on January 23. Currently the AAI
regional distribution network consists of 20 branch offices located
strategically island wide.
CEO, Asian Alliance Insurance, Ramal G. Jasinghe was present as the
chief guest on this occasion. The Executive committee members along with
the management and regional distribution staff were present to witness
Senior Regional Distribution Manager, Kottawa - Soma Hettiarachchi
commenced the ceremonial opening of the new office with his welcome
note. General Manager – Sales & Marketing,Chula Hettiarachchi, shared
the strategy behind the timely expansion of the Company amidst the
prevailing economic and market trends. He also stressed the strength of
the Company to further expand its operations to provide innovative
insurance solutions to the target customers.
Speaking at the inauguration of the new branch CEO, Ramal Jasinghe
emphasised that strengthening the Company’s value system through
strengthening the various skills possessed by its staff, will act as the
backbone of the winning trend of AAI; driving the Company towards
achieving its objectives. He further stressed that maintaining high
standards of professionalism and integrity was of utmost importance.
The newest branch in Nugegoda is a landmark office geared to service
both Life and Non Life businesses, using its successful formula of
‘professionalism.’ Adjacent to the city, AAI has resourced this unit
with experienced staff and state of the art ICT, offering tailor made
insurance solutions to the residents in Nugegoda. Having consolidated
its strengths over the past years, the Company rolled out its well
scripted plans for expansion with the opening of this distribution
office for year 2009.
ICFAI soaring to new heights
introduces full time degree programmes
More than 23,0 000 students sit the A/L examination each year, of
which only 23, 000 get university placement. What is the plight of the
remaining majority of students?
IEL, the Sri Lankan branch of the accredited ICFAI University in India,
has provided the answer. Offering a wide range of programmes to choose
from, IEL, through ICFAI, gives everyone a chance to get a sound,
internationally recognised degree at an affordable and reasonable price.
ICFAI itself is the giant in the Indian education system with over
150,000 in campus and 350,000 Distance Learning Students. ICFAI is a
network of universities consisting of seven state-of-the-art fully
fledged universities, 255 campuses and 160 Distance Learning Centres and
16 Business Schools.
ICFAI is a recognised University by the University Grant Commission of
India, and also holds accreditations from AIU, AACSB, ACU, EMFD, AAPBS
and SAQS. Together with all these accreditations, ICFAI is now also in
the Commonwealth Universities Yearbook (published by the Association of
Commonwealth Universities) thereby gaining UGC (University Grants
Commission) approval and recognition. This is yet another feather in the
cap for this university which boasts of possibly being India’s largest
private owned university.
IEL together with ICFAI doesn’t simply believe in basic degrees alone,
but believes that there is no end to the learning process. The wide
range of courses on offer vary from the Foundation course in IT, BSc
(IT), BBA, BCA, and the various MBA programmes. Students starting out at
IEL also have the opportunity to carry forward their studies to ICFAI’s
University in Australia, Switzerland, Malaysia or Dubai, and thereby
gain exposure and experience.
With the introduction of the all new full time degree programmes, IEL
opens its doors to a wider spectrum of students, and makes available its
facilities and broad range of degrees to a broader student populace.
IEL, together with ICFAI, is a strong believer in the complete education
of the future generation. With this in mind, the Institute is run on a
no profit basis, with no dividends being paid to its owners. An
opportunity for a student to earn a degree and have a chance to improve
themselves is all the profit and return the Institute hopes for.
Minister of Science and Technology
makes presentation with mLearning
Sri Lanka Telecom Mobitel, the national mobile services provider
provided Minister of Science and Technology, Tissa Vitharana the
platform to make presentations at exhibitions held at their boardrooms
at Dambulla and Matugama recently.
This was possible through the use of mLearning, which is a Mobile
Learning tool that supplements the teaching and learning process through
the use of mobile and hand held devices such as mobile phones, Personal
Digital Assistants (PDA), laptops and tablet Personal Computers. This
innovative concept was launched under the partnership of the University
of Colombo and Sri Lanka Telecom Mobitel, with the objective of
addressing traditional learning shortcomings by using advanced
CDB to revamp its Corporate
The Ceylinco Development Bank (CDB), ranked among the fourth largest
specialised leasing institutions regulated by Central Bank of Sri Lanka
(CBSL), last week announced that it was in the process of effecting
major changes to its business and operating models, to support and boost
its next phase of growth and strategic direction subject to regulatory
and other approvals.
Among the key changes will be a change of name, changes to brand
identity, reconstituting its Board of Directors including the
appointment of independent directors, and also the relocation of its
Head Office which is currently at Ceylinco House.
A Company spokesman said that with the prevailing macro environment
necessitating change, the CDB too was keeping pace with the changing
times to adapt to the needs of its customers. “The re-branding strategy
we’re adopting for the CDB will reflect a new era of change, while
keeping the promise of being a true friend and providing customers with
mobility and efficient service”.
This comprehensive re-branding effort will create a powerful brand
identity that resonates with customers.
The CDB will also reconstitute its Board of Directors, including the
appointment of three independent directors. Mr. R. Renganathan, a Fellow
of the Institute of Chartered Accountants recently took over the reins
of the CDB as Chairman. He is keen to bring in more transparency and be
proactive in implementing corporate governance requirements that are in
the process of being introduced to registered finance leasing
institutions by the CBSL.
The launch of PEO Street TV
PEO TV, the first Internet Protocol Television Service (IPTV) in Sri
Lanka launched its PEO Street TV promotion effective from January 2009,
beaming a wide range of entertainment options on a daily basis at 6.30
pm to 11.00 pm to the public. This has been a huge success thus far,
attracting people from all walks of life, showcasing an all in one
entertainment solution on a large screen from its strategically located
SLT VisionCom office at 60, Davidson Road, Colombo 4.
One can now experience an out of the box personalised entertainment
option, featuring 43 channels on all genres, such as entertainment for
adults and kids, business, education, news and sports in addition to
free-to-air local television stations, which includes Rupavahini,
Channel Eye, ITN, Derana and Max TV.
Speaking on the significance of the PEO Street TV, Thusha Weerasooriya,
CEO, SLT VisionCom (Pvt) Ltd., said, “Our aim is to attract the
attention of the public that walks past our head office, and arouse
their curiosity, encouraging them to walk into our modern showroom and
have the unique opportunity of experiencing interactive television. Our
PEO Street TV promotion, which is currently in progress has been a huge
success, with a cross section of society having already visited the
They were able to watch and experience how IPTV works as well as how to
use the features such as Video on Demand (VoD), Trick Play
Functionality, Time Shift TV and other special features that the future
of entertainment offers.
A popular feature of the PEO Street TV promotion is the Time Shift TV,
where a wide variety of programmes, which include the recently concluded
cricket tournament between Sri Lanka and India was beamed, giving those
who have missed it the opportunity to watch it. Time Shift TV gives
greater flexibility to the viewer, allowing them to watch any programme
at a time convenient to them.
PEO TV is available at the SLT VisionCom head office as well as all 16
selected SLT Teleshops and 12 Regional Telecom Offices in the covered
areas of the initial stage of expansion. It covers all major areas of
Greater Colombo with the inclusion of Kalutara, Kurunegala, Kandy and
Katunayake. Further services will be made available in Gampaha, Negombo,
Galle, Matara, Avissawella and Ratnapura during the early part of 2009.
The public can register on: www.peotv.com. For further inquiries, please
call the hotline 2 55 55 55 or for sales at 2 00 55 00.
Associated Motorways Plc had their “Katharagama Sawariya”
for the 3rd time on February 13, 2009. The rally consists of
100 Piaggio three Wheelers from Matara to Katharagama
throughout the day. All participants were given
complementary spare wheels as a mark of respect for their
In celebration of its 25th Anniversary
Dankotuwa Porcelain is rewarding its customers, offering a 25% discount
on all items purchased from their showrooms located at Kirulapone and
Kollupitiya. This offer will be valid only during the period February 23
to March 1, 2009.
This offer is extended to cutlery and glassware too which are now
available at their showrooms. “Sit down meals are becoming more
fashionable in Sri Lanka and our concept has been to have all items
required for a well laid table. This will be an opportunity for our
customers to purchase the full range of products at incredibly low
prices” said Dankotuwa Porcelain’s Manager Corporate Communications. So
that customers could match and purchase all items that they require.
Dankotuwa is looking at introducing table linen and other table
Dankotuwa Porcelain products are well known as eminent fashion
statements that resonate characteristics and personal traits of
individual lifestyle. Dankotuwa boasts of having he largest range of
shapes and surface designs in Sri Lanka. Today, customers not only
direct their emphasis to the taste factor when entertaining, but also
give prominence to the presentation, to provide their guests with an
unforgettable dining experience. Dankotuwa Porcelain has a variety of
items in different shapes with stunning designs including square shape,
which is much sought after for entertaining now among the trendier
During the past few years, Dankotuwa Porcelain has been gradually
changing their local marketing strategy and has been introducing new
designs very frequently to the market through their showrooms. This
strategy has paid off, and today Dankotuwa tableware is found in most
fashion conscious homes and restaurants in Sri Lanka.
The high quality of Dankotuwa Porcelain products is well known even
among the Corporate Customers, and today Dankotuwa has become the
preferred brand for corporate gifts and for promotional items too.
Dankotuwa Porcelain exports 85% of its production and its products are
sought after all over the world for its whiteness, scratch resistant
ultra hard easy to clean glaze surface. Dankotuwa Porcelain is the only
tableware company to receive Superbrand status.
The popularity of Dankotuwa has also spawned some van sales by
unscrupulous fraudsters who visit homes on the pretext of being
Dankotuwa sales man and have duped many customers. Customers have been
warned that the company has no van sales visiting homes. “We urge our
customers to make use of this opportunity to buy our genuine products at
a fantastic offer,” the spokesperson said.
Suntel selects IBM Lotus software to help
employees work together
IBM (NYSE: IBM) today announced
that Suntel, the fastest growing telecommunications company in Sri Lanka
with over 550,000 customers, has selected IBM Lotus software to create a
collaborative environment to improve the way employees work together in
any mode at any time, raising employee performance and cost-efficiency.
Suntel chose to move from Microsoft Exchange and Outlook to IBM Lotus
suite of products because of flexibility, reliability and cost.
Under the agreement signed in 2008, Suntel is deploying the
enterprise-wide software consisting of Lotus Notes and Domino and Lotus
Sametime for unified communications and collaboration and Lotus Symphony
document, spreadsheet, and presentation tools to its employees. The
implementation will be completed this month.
Suntel required a well-integrated, robust and reliable mail messaging
system that would enhance collaboration among its employees. Moving to
IBM Lotus Notes and Domino from Microsoft Exchange and Outlook has
reduced software licensing costs by about 50 percent for Suntel. In
addition, Suntel will make available Lotus Sametime to its employees so
they would be able to communicate with each other through instant
messaging, visuals and voice.
Lotus Notes was chosen because it is more than just e-mail, as it
enables creation of Web 2.0 composite applications or “mashups” which
combine content in unique ways from multiple internal and external web
sources and does “live text” which allows a person to click on a company
address and automatically bring up driving directions. The software,
running on an enhanced and open standards-based system, will also allow
Suntel to collaborate with its business partners effectively in the
future as the business grows.
“We are sure that IBM Lotus Notes and Domino solution will give us a
secure and scalable collaboration environment for future growth and
development at a lower cost of ownership,” said Director, Product
Development & CIO, Suntel Ltd, Dr Tariq Marikar. “We are also pleased
with the contribution IBM has made to the open community through Lotus
Suite of products.”
With Lotus Symphony, which is based on the Open Document Format (ODF),
an open industry standard, Suntel no longer relies on a proprietary
technology. This feature-rich integrated office productivity suite will
provide Suntel the ability for users to create, edit and share word
processing documents, spreadsheets and presentation at much lower costs.
“This win holds great significance for us as it further affirms the
acceptance of IBM Lotus in our market and the significant growth in the
number of Lotus users,” said Country Manager, IBM Sri Lanka, Chari
Wijewardane. “Rapidly growing enterprises like Suntel are making
strategic IT investments to meet their long-term growth plans. They
prefer open standards-based solutions like Lotus Symphony over legacy
proprietary technology for their long-term collaboration investments.”
According to Country Manager, Lotus Software, IBM India/South Asia,
Chetan Yardi, “Suntel evaluated IBM’s Lotus suite as a much-enhanced
solution over the existing one. That Suntel chose to go with IBM as our
proposed solution, clearly demonstrated our capabilities in delivering a
collaboration platform that would allow the user community to integrate
information from a variety of sources in a single context and use it for
gaining competitive advantage.”
Mahajana Sampatha 1st prize won at
S. P. Gunadasa of Kumburupitiya, employed in a private sector
institution was the lucky winner of the first prize of two million
rupees at the 2058th draw of the Mahajana Sampatha Lottery. He hopes to
buy a piece of land out of the prize money.The winner is seen receiving
the cheque from M. S. Karunaratne, the General Manager National
Lotteries Board. Ja-Ela Sales Agent of National Lotteries Board J. M. D.
F. Nihal was also present on the occasion
Metropolitan opens shop-in-shop,
Metropolitan, Sri Lanka’s premiere and leading
office automation and imaging solutions provider, opened its newest
branch at Singer Mega Kiribathgoda recently.
The new showroom offers a range of products from Canon cameras and
accessories, to Acer laptops and desktops, fax machines, paper, air
conditioners, mobile phones, scanners and printers. The new shop-in-shop
at Singer Mega is located in the heart of Kiribathgoda town.
“We want to offer our customers easy and convenient access to the best
brands in office automation and imaging equipment such as Canon, Acer
and York. This is why we have come closer to their homes in Kiribathgoda,”
said AGM - Head of Regional Distribution Network of Metropolitan, Jerome
All products on sale at this showroom come with the Metropolitan
warranty and after sales service.
Customers can now buy everything from office equipment to personal items
such as laptops and cameras as well as office requisites, all under one
roof in Kiribathgoda.
Metropolitan also has an island wide branch network that spreads from
Jaffna, Trincomalee, Annuradhapura, Gampaha, Kurunegala, Kandy ,
Ratnapura, Kalutara, Badulla to Matara. Further, Metropolitan has
several sales outlets in Colombo including at Liberty Plaza,
Bambalapitiya and Borella.