In continuing recognition of its excellence in business and contributions towards the economic progress of the country, 99X Technology was named the Gold Winner in the ICT sector at the National Business Excellence Awards 2016 for a third year. In addition to this accolade, the company was felicitated once more at the awards ceremony this time around when it was also declared the Bronze winner in the Overall Medium Scale Category.

These awards are an acknowledgement of 99X Technology’s all-round performance in areas that include corporate governance, capacity building, performance management, global and local market reach, corporate social responsibility and environmental sustainability, and business and financial results.

“Winning this award for a third time is a reassurance that we as a company have upheld our performance across the board, meeting and perhaps even excelling benchmarks set by peers in our industry as well as in other sectors. We are honoured to be ranked among some of Sri Lanka’s most excellently managed organisations and will strive to further improve our performance in all operational areas in time to come as well,” stated 99X Technology Co-Founder and CEO Mano Sekaram, when commenting on this accolade.

Although the company has been recognized as the winner of the ICT sector for the years 2012 and 2014, this year marks the first time that it was recognized in an overall category amongst all its industry peers, which underscores 99X Technology’s determination towards not just sustaining but also enhancing its operational processes and overall performance.

The National Business Excellence Awards is the flagship event of the National Chamber of Commerce of Sri Lanka, an annual awards competition which was held for the 13^th consecutive year. It prides itself for its well-rounded evaluation criteria, which takes a holistic view of a company and not just parts of it. It comprises of an evaluation of an organisation’s financial stability, reach in global markets, excellence in process innovation, capital investment, institutionalization of corporate social responsibility and more. The awards aim to position Sri Lanka as a country with excellently managed organisations, thereby making it attractive for joint ventures and investments, and as a source for products and services.

99X Technology is an award-winning software product engineering company that specialises in delivering high-end software product development services to independent software vendors (ISVs) worldwide, with a primary focus within the European region. Headquartered in Sri Lanka, the company also has offices in Oslo, Norway and has an outstanding track record in building and delivering over 150 high quality commercial products. It has been named one of Asia’s Best Workplaces for 2015 and has been ranked among the top 25 best companies to work for in Sri Lanka by Great Place To Work Institute for four consecutive years.

Photo caption: (Above) 99X Technology Chief Operating Officer Shehani Seneviratne (right) receiving the award

The 99X Technology team sharing a triumphant moment at the awards ceremony

The National Mobile Service Provider Mobitel, recently partnered with Gensoft, the market leader for logistics software in Sri Lanka and the Maldives for their Gensoft Logistics ERP Suite. Through the partnership with Mobitel Enterprise Business will equip Gensoft customers with its virtual mobile call center solution mCallCenter, fleet GPS tracking solution mTrack and its mass messaging solution mSMS in order to improve their overall operations.  The introduction of the Mobitel Business Solutions will enable Logistics companies using the Gensoft Logistics ERP platform to compete with their global counterparts by harnessing the power of technology to streamline their operations and communication platforms both locally and internationally.

Gensoft is an award winning software development company that focuses primarily on the logistics industry through their Gensoft Logistics ERP. Gensoft Logistics ERP is a comprehensive, modular, enterprise level application that combines all the operations and functions of a Logistics Service Provider into one integrated system. The software provides Freight Forwarding, Documentation, Consolidation, Track & Trace, Container Management, NVOCC & Feeder Vessel operations, Customer Relationship Management (CRM), Billing & Financial Accounts, Employee, Customs Clearing, Alerts & Notification, Electronic Data Interchange (Asycuda & CTS), Integration with corporate website and much more. Developed over a period of 12 years the Gensoft Logistics ERP is the most comprehensive system available for the Freight Forwarding and NVOCC (Non-Vessel Operating Common Carrier) Service Provider.

“We identified a need to partner with a communications provider that could extend their technology to the logistics industry. The solutions offered by Mobitel blended perfectly with our requirements and above all our customers’ expectations” said Gensoft Managing Director, Nilanka Pieris. He further stated that technology would be a key driving force for the logistics industry in the near future.

SLT Mobitel Chief Operating Officer, Nalin Perera Stated, “Mobitel has always been in the forefront of technology and providing such custom made business solutions to meet our partner requirements stands testament to this. As the way forward, Mobitel with its Business solutions will be connecting all logistic industries to meet their telecommunication requirements cost effectively and in a technologically efficient manner”.

Photo caption: (middle) Gensoft Managing Director Nilanka Peiris exchanging partnership agreement with SLT Mobitel General Manager Enterprise Business Prabhath Gamage. Also present were (from left) SLT Mobitel Account Manager Enterprise Business Danushka Kossinhala, Gensoft Chief Operating Officer Damith Jayasinghe, SLT Mobitel Head of Enterprise Sales Ravi Sivasithamparam and SLT Mobitel Sector Manager Enterprise Business Randy Jansze.

About Mobitel (Pvt) Ltd: SLT Mobitel is Sri Lanka’s National Mobile Service Provider and a fully-owned subsidiary of Sri Lanka Telecom. The company offers mobile telephony services, high-speed broadband, Enterprise Solutions, IDD services and a host of Value Added Services. SLT Mobitel was the pioneer in South Asia to launch a Super 3.5G network, to successfully demonstrate HSPA + MIMO technology and successfully trial 4G-LTE and 4.5G-LTE Advanced Pro technology. The introduction of Dual Carrier HSPA+ technology and 4G-LTE service makes SLT Mobitel’s broadband speeds the fastest in the country. Fuelling over USD600mn worth of investments to-date, SLT Mobitel has shaped the ICT landscape, experiencing exciting growth – poised to lead the industry into its next phase of development. A growing customer base, stands testament to SLT Mobitel’s strong focus laid on customer centricity, emulating its credo of “We Care. Always.”  For more information, visit www.mobitel.lk or dial 1717 to reach the Customer Care Hotline.

About Gensoft: Established in 2001, Gensoft (Pvt) Ltd is regarded as a highly efficient and capable partner in bridging corporate information requirements by developing and providing cutting edge solutions in Software Development, Cyber Security, E-learning and all IT related areas. It is an experienced and dynamic company employing the very best talent in Sri Lanka. Gensoft designs and delivers technology-enabled business solutions that help companies win in a highly competitive world. For more information, visit www.gensoft.lk or dial 011-4736935.

With the dawn of a new year, Brand Ambassador Mr. England 2015 Christopher Bramell is taking Sri Lanka’s international brand, Envoy London,  to new heights by offering a clientele in England, an exclusive, made-to-measure and Bespoke menswear collection including an array of casual and formal fashion staples, ceremonial wear and accessories.

“We have always been committed to taking local menswear to the international fashion arena and having Bramell propel this brand enabled us to truly put Sri Lankan menswear on the global fashion map,” said Fouzul Hameed, Managing Director of Hameedia.

“The premier brand of Hameedia, Envoy London is intended for the individual who wants to make an impression and set himself apart from the ordinary. Made using the finest fabrics and superior craftsmanship, Envoy London embodies the definition of sartorial excellence and is the first local menswear brand to venture overseas with local resources”, Hameed added.

Envoy London recently provided the finalists of the Mr. England competition with stylish, specially-designed attire for the grand finale of the pageant, which took place in Coventry, United Kingdom. For the finale, Mr. England finalists took to the runway in a range of exquisitely designed ceremonial suits from the Envoy London collection which featured three unique looks and styles.

Christopher Bramell was also gifted a versatile collection from the premium brand Envoy London during his visit to Sri Lanka recently. He mentioned his initial skepticism about being tailored by a Sri Lankan brand but his worries were eventually unfounded. “We didn’t know what to expect and then we went for measurements. At first we were a bit worried but then when we were getting our suits it was the best experience ever. We loved the style and it’s a really, really great brand. It was an amazing brand to wear for Mr. England and I would like for it to be available for Mr. World as well.”

Envoy London goes on record as being the first Sri Lankan menswear brand to dress international celebrities. Prior to Mr. England 2015 Christopher Bramell was English reality TV show personality, fashion photographer, author, spokesperson, filmmaker, and former model Nigel Barker.

Envoy London also recently presented the Concept Show ‘Envoy Concept 2017’ in Colombo. This was the fourth edition of the show held under the theme ‘infini8’ and featured all of the latest local and global fashion trends and styles in the menswear category that are forecast for 2017. ‘Envoy Concept’ is the only showcase of its kind in Sri Lanka and the entire event was produced according to the highest international standards. Conceptualised by Fouzul Hameed the ‘Envoy Concept’ show has become the country’s most anticipated menswear fashion showcase and is heralded as a top high fashion and lifestyle event, which presents complete and comprehensive clothing solutions for men.

Hameedia was established in 1949 and has grown to become a household brand in Sri Lanka. Renowned for high quality, made-to-measure and Bespoke clothing for men across an array of casual, formal, ceremonial wear and accessories, the Hameedia multi-brand retail stores house a collection of quality menswear brands including Le Bond, Envoy London, Signature, Raymond, Lee and Adidas to name a few. Hameedia also prides itself on offering exceptional standards of service to ensure that clients enjoy a positive and personalised experience at each store.  With a network of over 30 outlets across Sri Lanka and a team of over 1,000 employees, Hameedia has a strong local presence and has also expanded globally with outlets in the Maldives and Australia.

A latest report from the Sri Lanka Tourism Development Authority indicates that 2,050,832 foreign tourists have arrived in Sri Lanka during 2016.

This is a growth of 14 per cent when compared against the 1,798,380 tourist arrivals during 2015. Meanwhile, 224,791 tourists have arrived in Sri Lanka during the month of December 2016, which is a growth of 9.1 per cent.

The most number of tourist arrivals to Sri Lanka during 2016 has been from neighbouring India, with 356,729 tourists having arrived during 2016, recording a growth of 12.8 per cent.

Meanwhile, 271,577 tourists have arrived in Sri Lanka from China, which is a growth of 26.4 per cent.

Furthermore, 188,159 tourists from the United Kingdom, 133,275 from Germany, 96,440 from France and 95,167 from the Maldives are the other countries from where the most number of tourists had arrived from.

VirtusaPolaris supported the inaugural Jaffna Big Data Workshop organized by Colombo Big Data Meetup Group, which concluded recently at the Faculty of Engineering, University of Jaffna, Kilinochchi.

The session began with Dinesh Priyankara, Microsoft MVP and Founder/Principal Architect at dinesQL delivering a session on “Processing Big Data – the Microsoft Way” where he explained the process of big data using Microsoft tools. Dinesh Asanka, Microsoft MVP and Senior Architect at VirtusaPolaris then delivered a session on “Data Mining with Weka”, speaking on data mining concepts and Weka, which is a well known open source tool for data mining.

Selvarajah Selvendra, Associate Architect at VirtusaPolaris then presented on the topic “Churning of Big Data for Better Value”, which discussed insights on turning big data into valuable information. Following this, Robinson Prashanthan, CEO at Innovay and Online Business Consultant at Internet (Web) Marketing Strategist delivered a session on “Social Media and Big Data” on analyzing big data generated by social media and gathering insights from social networks.

The Colombo Big Data Meetup Group is the largest tech community in Sri Lanka who specializes in processing extremely large data sets that may be analyzed computationally to reveal patterns, trends and associations, especially relating to human behavior and interactions.

Tsemach Global Automotive, the detailing studio that revolutionized how you take care of your vehicle recently introduced the world-renowned professional automotive detailing supplies brand Chemical Guys to Sri Lankan vehicle enthusiasts. The state-of the-art product store was opened recently at Gregory’s Road, Colombo 7.

Run by an ardent vehicle enthusiast and detailing promoter Ayesh Wickremasinghe, the store stocks a wide range of Chemical Guys car care products and professional detailing accessories. Being a hands-on kind of guy, Ayesh personally assists all his customers and makes recommendations based on the vehicle type, usage patterns and lifestyle of the driver/owner. Among some of the high profile clients (vehicles in this case!) that Ayesh services includes the likes of a Jaguar XJ, Mercedes S500e, Mercedes S400, Mercedes S300 and the American muscles such as the Cadillac Escalade, Dodge Challenger and Charger among many others.

Speaking at the opening Ayesh Explains, “Tsemach is not your typical detail garage. What we provide is tailor-made vehicle services. Many people in Sri Lanka have still not picked up on what detailing is all about and the importance of it for one’s vehicle. With Tsemach and Chemical Guys we hope to revolutionize how people treat their vehicles, more like making it a life style.”

Tsemach Global commenced operations in early 2016 as a detailing vehicle salon. At the same time Ayesh began researching in to vehicle detailing globally and stumbled on to an interesting website for “Chemical Guys”, a world-renowned brand for auto detailing. Finding out that the founders of Chemical Guys shared his same passion for maintaining a vehicle and the process of care that goes in to it, Ayesh found himself in contact with Chemical Guys and early this year was invited to train with them. The week long training programme was conducted by none other than the founder of Chemical Guys himself, Paul Schneider. As a result of the training, Ayesh is now the sole agent and distributor for Chemical Guys merchandise in Sri Lanka.

Speaking further Ayesh also notes, “The ultimate goal for Tsemach and Chemical Guys is to create a culture where owners begin to value their vehicles and give them the right kind of treatment which in turn ensures longevity, a lifelong relationship with your vehicle, and a guaranteed higher resale value for those who wish to upgrade their drive with the times.”

Over the last two years that Tsemach has been in operation much of Ayesh’s loyal clientele has expanded via word of mouth. “A happy customer is as good marketing as you can ask for especially in a small city like Colombo. Word travels so fast and as long as consistency and quality is maintained people keep coming back. This is what has worked for Tsemach and of course a whole lot of God’s grace”.

For more information on the products and services on offer please contact Ayesh on 0755 959201 or visit their Facebook fan page for updates.

Amãna Bank expanded its reach in Colombo by opening a branch in Kirulapone recently. Located at No. 124 Maya Avenue, the Branch will cater to a cross section of localities including Havelock Town, Pamankada, Kohuwala & Nugegoda. The Branch was declared open by the Bank’s Deputy Chairman Tyeab Akbarally along with the Bank’s Chief Executive Office Mohamed Azmeer with the presence of Board of Directors, Senior Management, customers and other invitees.

Addressing those present at the Branch opening, the Bank’s Chief Executive Officer Mohamed Azmeer said “We are delighted to mark our much waited presence in Kirulapone. Kirulapone and its surrounding neighbourhoods are known to be very much diverse, in terms ethnicity, wealth distribution, professions, types of businesses and Industry sectors, corporates and SMEs, institutions, etc. Further I am happy to note that the Kirulapone Branch is also housed with an Amãna Bank Vantage centre, an exclusive banking unit for the Bank’s most valued customers. The Branch also offers an Exclusive Ladies Unit, providing greater privacy and comfort for women to conduct their banking activities. With a strategic focus towards the Retail and SME sector, we strongly believe that our unique products and services would cater to the varying needs of our diverse customers”

The Kirulapona Branch also offers the Bank’s award winning Gold Certificate Financing Facility, which was introduced as an alternative for conventional pawning. With a view of enriching customer convenience, the Bank offers its customers Internet and Mobile banking facilities to Bank in comfort and on the go as well as a Debit Card which has access to 3,500 ATMs island wide and online payment capabilities.

Amãna Bank PLC is the first Licensed Commercial Bank in Sri Lanka to operate in complete harmony with the non-interest based Islamic banking model. Fitch Ratings, in October 2016, affirmed the Bank’s National Long Term Rating of BB(lka) with a Stable Outlook. The Bank was recognized as the Best ‘Up-and-Comer’ Islamic Bank of the World by ‘Global Finance Magazine’ at the 18th Annual World’s Best Banks Award Ceremony held in Washington DC, USA. The Bank was also bestowed the coveted title ‘Islamic Finance Entity of the Year 2016’ at the inaugural Islamic Finance Forum of South Asia Awards Ceremony held in July. Powered by the stability and support of its strategic shareholders including, Bank Islam Malaysia Berhad, AB Bank in Bangladesh and Islamic Development Bank based in Saudi Arabia, Amãna Bank is making strong inroads within the Sri Lankan banking industry and is focused on capitalizing the growing market potential for its unique banking model across the country.

Photo caption: (Above) Deputy Chairman opening the Branch alongside CEO Mohamed Azmeer and Branch Manager Wazni Anver

Deputy Chairman Tyeab Akbarally accepting the first deposit from a customer

CFO Ali Wahid granting a lease facility to a customer while CEO Mohamed Azmeer looks on

Participating in an International Monetary Fund (IMF) programme is similar to one falling ill and being admitted to hospital, that though the Sri Lankan economy has not become a seriously ill patient who should be admitted to the intensive care unit (ICU), but has clearly become a patient who had to be admitted to hospital, said Central Bank Governor Indrajit Coomaraswamy recently while reviewing ‘The Road Map: Monetary and Financial Sector Policies for 2017 and Beyond’.

While speaking further, the Central Bank Governor said, “While we are aware of the treatment to be provided for this, it is a pleasure that it has already been started. Even the IMF has by now appreciated the progress by Sri Lanka. Since the improved efficiency of the state monetary sector is the important unit in this progress, the work done by the finance Minister and his staff should be appreciated. However, the challenges before us are the proper implementation of this with a clear understanding, goal and commitment of the road map before us. This has to be done through a national effort.”

However, while responding to the Central Bank Governor’s statement during a media conference on 05 January, Finance Minister Ravi Karunanayake said that when Mahinda Rajapaksa had handed over the government the economy was already in the ICU and that when the economy was being pushed into the ICU during the Mahinda Rajapaksa era, the incumbent Central bank Governor had been an attendant in that hospital. While pointing out that he (Indrajit Coomaraswamy) was also with the Rajapaksas at that time, the Finance Minister added that however, what had been in the ICU would soon be brought not to the hospital but to the OPD.

https://youtu.be/2hhZa9c8dyY

MullenLowe Sri Lanka, the local office of the MullenLowe network – a member of the Interpublic Group (IPG), will formally unveil its ultra-modern office at 125, Kynsey Road, Colombo – 7, on the 19^th of January under the patronage of Hon. Eran Wickramaratne – Deputy Minister of Public Enterprise Development and Member of Parliament (MP) – Chief Guest, Mr. Joseph George – Regional President, South &  South East Asia and Group Chairman and CEO, MullenLowe Lintas Group and the regional team. Stacked with 5 floors and incorporating 8,000sqft of space, this new building is set to become one of the city’s most stimulating workspaces and a symbol of the agency’s creative spirit. This coincides with the accelerated growth momentum and heightened commitment from the Interpublic group (IPG), one of the most progressive and exciting marketing services groups in the world.

MullenLowe’s acquisition of LDB Lintas was a timely reaffirmation of the group’s commitment to partner brands in Sri Lanka. “As a people first company, we want our new premises to be a reflection of our ambition and to be an incubator for ideas and exciting careers,” said Thayalan Bartlett, Chief Executive Officer, MullenLowe Sri Lanka. “It will be home to some of Sri Lanka’s most talented and dynamic ad professionals who currently hold the tile of Agency of the year 2015 for Effie awards in Sri Lanka.”

In line with this renewed commitment to nurturing talent and harnessing ideas, the office has designated creative spaces that allow people to get away from the regular hustle of the day and be undisturbed as they mull over an idea. With sweeping views of the cityscape, the club floor that resides at the top of the building has a pub, pool table and gaming consoles for team members to unwind after a long day in their creatively demanding roles.

While the office is primarily designed to help the gestation of creativity, MullenLowe Sri Lanka understands the impact humans have on the environment and has thoughtfully managed the carbon footprint of its new office. The design facilitates the free flow of wind and natural light. The building also uses energy conserving lights and electrical equipment to reduce its impact on the environment.

MullenLowe Sri Lanka is the local office of the MullenLowe group, a member of the Interpublic Group (IPG) headquartered in New York. Interpublic (IPG) www.interpublic.com is one of the world’s leading organizations of advertising agencies and marketing services companies.  MullenLowe Sri Lanka was formerly known as Lowe LDB, an agency that started its operations in the country as LDB Lintas way back in 1993. Seeing the emerging potential in Sri Lanka, IPG further strengthened its commitment by acquiring a 100% stake in the agency in 2015. A majority of MullenLowe’s (srilanka.mullenlowe.com) comes from FMCG giant Unilever. In addition, it works with some of the country’s leading brands including  Ceylon Cold Stores, Dialog, Hemas, Laugfs, LOLC, Mastercard, Nations Trust Bank and FairFirst Insurance to name a few.

MullenLowe Group is a creatively driven integrated marketing communications network with a strong entrepreneurial heritage and challenger mentality. The network is present in more than 65 markets with over 90 agencies and posts annual revenues of over US$7.6 billion. Working with several of the world’s most iconic brands including Etihad, Google, Harley Davidson, Hyatt, IKEA, Jet Blue, Johnson and Johnson, Nespresso and Unilever, MullenLowe has consistently been ranked among the most awarded creative and effective agency networks in the world. For more information on the MullenLowe Group, please visit www.mullenlowegroup.com

Photo captions: (left) MullenLowe Sri Lanka’s new office and MullenLowe Sri Lanka’s Executive Committee (from left) Sean Pompeus, Director – Client Service; Chandu Rajapreyar, Vice President and Executive Creative Director; Dilshara Jayamanna, Senior Vice President and Executive Creative Director and Thayalan Bartlett, Chief Executive Officer

~ New suite of refreshed benefits for Platinum, World and World Elite consumer credit cardholders aims to meet the evolving needs of Asia’s booming affluent population

Mastercard has refreshed its Affluent platform in Asia Pacific with an elevated suite of premium dining and travel rewards and services. Available exclusively for Platinum, World and World Elite Mastercard consumer credit cardholders in the region, Mastercard now provides enhanced value, catering to the evolving desires of Asia Pacific’s burgeoning Affluent population.

An international hub of enriching cultures, experiences and opportunities, Asia Pacific’s state-of-the art business facilities and iconic travel destinations make it the perfect place for Affluent consumers to live, work and play. According to the Mastercard Global Destinations Cities Index, half of the world’s top destination cities are in Asia Pacific, making it a prime stop for relaxing holidays, exciting events and global business.

With consistent economic growth and rising spend power, Asia Pacific’s Affluent consumers are exerting greater influence on global commerce directives and marketing efforts than ever before. By 2020, Asia Pacific will have the largest population of High Net Worth Individuals (HNWI), with an expected annual growth rate of 10.3% in 2017. In 2015, Asia Pacific surpassed North America as the region with the highest HNWI wealth of US$ 17.4 trillion.

These shifts have re-defined the lifestyles and spending priorities of Asia Pacific’s Affluent consumers. According to Jenn Ong, Head, Consumer Credit, Asia Pacific for Mastercard; Asia Pacific’s Affluent consumers are highly sophisticated and discerning, preferring experiential luxury over material possessions.

“Growing in affluence and influence, Asia Pacific’s consumers are shaping the notion of what luxury means today. Our insights, mined from card spend, travel patterns and consumer journeys, give us a deep understanding into the Affluent consumer and their greatest passions,” said Ms. Ong.

“Our latest research found that social activities, such as overseas holidays and fine dining with loved ones are some of the key priorities amongst consumers in the region. These learnings are especially crucial as we build compelling offers, as part of our commitment to provide cardholders with superior value,” she said.

As part of the refresh, Mastercard’s revitalized program ushers in a comprehensive suite of benefits around its core consumer passion pillars: Travel, Dining and Peace of Mind. Whether it’s residing at one of Asia Pacific’s most luxurious properties, savoring a curated degustation dinner, or recharging in the comfort of a private lounge, Mastercard’s refreshed program provides cardholders with an elevated level of convenience and luxury, and connects them to the most priceless entity: quality time.

The renewed offer platform has launched across Asia Pacific, comprising a wide range of benefits are available for Mastercard Platinum, World and World Elite cardholders across the following pillars:

Travel

-          Luxury Hotels & Resorts Privileges: Consolidating a collection of the finest hotels and resorts across the world, cardholders can enjoy exclusive benefits at some of the world’s pinnacle luxury properties.

-          LoungeKey™: Enabled by the largest and most secure network with over 800 airport lounges in more than 300 cities in over 120 countries, cardholders enjoy complimentary membership to airport lounges with a single swipe on their World or World Elite Mastercard.

-          Destination Limo: World and World Elite cardholders can enjoy preferential rates for chauffeured limousine at selected airports globally.

-          Global Wi-Fi Access: World Elite cardholders have access to complimentary unlimited Wi-Fi at more than 1 million Wi-Fi hotspots around the world, including inflight access. 

Dining

-          Mastercard Epicurean Experiences: World and World Elite cardholders can now enjoy priority reservations and exclusively curated seasonal menus by avant-garde visionaries and Michelin-starred chefs at 20 top restaurants globally.

-          Kids Dining Perks: Together with InterContinental® Hotels and Resorts, Mastercard cardholders are entitled to complimentary dining for kids aged 12 years and below with every paying adult across 26 participating restaurants in Asia and Australasia.

-          Mastercard Wine Privileges: Receive a complimentary bottle of wine when dining at more than 100 participating restaurants across China, Hong Kong and Singapore, with a minimum spend.

Peace of Mind

-          E-commerce Protection: Cardholders are automatically protected for eligible online purchases made with their Mastercard.

-          Wallet Protection: World and World Elite cardholders are covered against costs associated with replacing their lost or stolen wallets and the items inside it.

Benefits may vary across card products and issuers. For more information on cardholder benefits, please visit:

• Mastercard Platinum: http://www.mastercard.com/platinum/
• Mastercard World: http://www.mastercard.com/world/
• Mastercard World Elite: http://www.mastercard.com/worldelite/

About Mastercard: Mastercard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry.  We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories.  Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone.  Follow us on Twitter @MastercardAP and @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.

In a bid to address a growing health issue in the country, Nawaloka Hospital’s skincare and Cosmetic Centre announced the introduction of 3D-lipo treatment, a multi-platform technology which offers a powerful non-surgical alternative to liposuction with the addition of skin tightening and cellulite reduction modalities. Nawaloka Skincare and Cosmetic Centre consists of a  team of experienced and skilled consultants and support staff who go through rigorous training to provide best possible services to clients.

Commenting on the procedure Dr Ashwini Rajan – Head of Nawaloka Skincare and Cosmetic Centre, “Unlike other Lipo Systems, the 3D lipo permanently destroys the fat cells. It offers immediate long term results painlessly and safely. Conventional weight loss journey leaves patients with little support or options other than diet, exercise and traditional surgery. We are happy to offer our clients this method which provides a significant advantage over existing methods.”

Given the changing lifestyles and dietary habits, obesity has become a prevalent condition in Sri Lanka. The Ceylon Medical Journal estimates the prevalence of obesity as being 20% in males and a staggering 36.5% in females in Sri Lanka. In this context, 3D-lipo treatment is a safe, convenient and an affordable method to achieving a healthier body shape.

The 3D-lipo system gives clients several options and combinations to target and treat stubborn fat areas and cellulite. These non-invasive treatments will help clients achieve positive results when combined with a healthy lifestyle. The fourfold treatment uses low-frequency ultra sounds to break apart fat cells and radio frequency as well as vacuum therapy to tighten skin.

“Each treatment takes about 30 to 60 minutes and we set each session apart by a week or two to ensure best possible results,” commented Dr Rajan. Generally, 3D-lipo treatment produces positive results within 6 to 8 weeks.

Nawaloka Skincare and Cosmetic Centre is a dedicated aesthetic medical frontier which focuses on providing advanced aesthetic care at competitive rates whilst strictly adhering to utilizing FDA approved equipment at all times. In addition to Fat and Cellulite Reduction procedures Nawaloka Skincare and Cosmetic Centre specializes in a range of professional aesthetic treatments including Skin Rejuvenation, Acne Treatments, Scar Removal, Pigmentation Treatments, Phototherapy, Wrinkle Reduction, and Stretch Mark Reduction. Additional services include Hair Loss Treatments and Permanent Hair Reduction.

Amãna Bank opened its 6^th Branch in Colombo and overall 28^th Branch in Demetagoda recently under the patronage of the Bank’s Director Dr. A.A.M. Haroon alongside Director Jazri Magdon Ismail, Sharia Supervisory Council Member Ash Sheik M.M.A. Mubarak, Chief Executive Officer Mohamed Azmeer, Senior Management, customers and other invitees. The Branch located at No. 7 Kent Road, Demetagoda provides centralised access to many concentrated neighborhoods covering Kolonnawa, Maradana, Borella, Orugodawatte, Maligawatte and Grandpass.

Commenting on the Bank’s entry to Dematagoda, Chief Executive Officer Mohamed Azmeer said “We are privileged to open a branch in Dematagoda and serve a locality which is very much lively in terms of business as well as consumer activities. We believe that the customers from the area and surrounding neighborhoods can benefit from our extensive range of products and services. With a strategic focus towards financial inclusion, the Bank also avails access to safe, convenient and affordable financial services to cater to the underbanked segment of the country. Such solutions include the Bank’s innovative and global award winning Gold Certificate Financing, which was introduced as alternative for conventional pawning.”

Leveraging on technological innovation and with a view of enriching customer convenience, the Bank offers its customers Internet and Mobile banking facilities to Bank in comfort and on the go as well as a Debit Card which has access to 3,500 ATMs island wide and online payment capabilities. The Demetagoda Branch also offers an Exclusive Ladies Unit, providing greater privacy and comfort for women to conduct their banking activities.

Amãna Bank PLC is the first Licensed Commercial Bank in Sri Lanka to operate in complete harmony with the non-interest based Islamic banking model. Fitch Ratings, in October 2016, affirmed the Bank’s National Long Term Rating of BB(lka) with a Stable Outlook. The Bank was recognized as the Best ‘Up-and-Comer’ Islamic Bank of the World by ‘Global Finance Magazine’ at the 18th Annual World’s Best Banks Award Ceremony held in Washington DC, USA. The Bank was also bestowed the coveted title ‘Islamic Finance Entity of the Year 2016’ at the inaugural Islamic Finance Forum of South Asia Awards Ceremony held in July. Powered by the stability and support of its strategic shareholders including, Bank Islam Malaysia Berhad, AB Bank in Bangladesh and Islamic Development Bank based in Saudi Arabia, Amãna Bank is making strong inroads within the Sri Lankan banking industry and is focused on capitalizing the growing market potential for its unique banking model across the country.

Photo caption: (Above) Amana Bank Director Dr. A.A.M. Haroon opening the Branch alongside CEO Mohamed Azmeer, Director Jazri Magdon Ismail and Branch Manager Mohamed Sanoosi

First Customer Deposit accepted by Sharia Supervisory Council Member Ash-Sheik M.M.A. Mubarak

None of the companies like John Keells, Aitken Spence, Hayleys, Access etc are the wealthiest in Sri Lanka, said Prime Minister Ranil Wickremesinghe.

Adding further, the Prime Minister said that the wealthiest commercial organization is the Employees Provident Fund (EPF).

He said that if needed, this organization has the capability of buying over all these companies.

Prime Minister Ranil Wickremesinghe further pointed out that funds like the Employees’ Trust Fund (ETF), National Savings Bank, the Sanasa organization etc had been created through the money provided to the peoples’ hands under the open economy system introduced by the United National Party (UNP).

-          Solar tracking system of the Plant will ensure a 20% higher yield than a fixed one

-          Will contribute 22,000 Mega Watt hours of green energy to the national grid

-          At full capacity, the 10 Mega Watt plant can light up 10,000 homes

Hayleys Group PLC jointly with Windforce Pvt Ltd, in the forefront of renewable energy in the Country, announced today, the commissioning of their solar power plant. Located in Welikande in the Pollonnaruwa District, the 10 Mega Watt solar plant has been installed with a solar tracking system that will follow the sun’s rays to ensure an incrementally higher yield of approximately 20% energy, than the fixed tilt system. At full capacity, the plant could contribute 22,000 Mega Watt hours to the national grid plus generate enough electricity for roughly 10,000 homes.

The solar plant, built in an impressive five months and funded by the Hayleys Group along with Windforce Private Ltd, was declared open by the Minister of Power and Renewable Energy, Hon Ranjith Siyambalapitiya in the presence of a distinguished gathering that included Deputy Minister of Power and Renewable Energy, Ajith Perera and Chairman and Chief Executive, Hayleys Group, Mohan Pandithage, Managing Director, Windforce Pvt Ltd, Asgi Akbarally, along with the leadership and management of Hayleys and Windforce.

“This is a momentous occasion for us as well as the entire Country. We are happy to dedicate this plant to the nation. A plant of this magnitude reinstates the country’s ambition of transforming itself to a green energy producer and we at Hayleys take pride in doing our part towards this” said Mohan Pandithage, Chairman, Hayleys Group.

“Through renewable sources such as this, we could significantly bring down the per household cost of electricity, while adhering and aligning ourselves to the government’s energy policy and plan of meeting the Country’s total demand from renewable sources” added Pandithage.

The new plant will help nudge Sri Lanka’s total installed Non-Conventional renewable capacity across the 500 MW mark, of which Hayleys Group’s installed capacity of renewable energy alone in wind, hydro and solar, crosses the 50MW mark, according to Dr Arul Sivagananathan, Managing Director, Hayleys Aventura.

The group, Hayleys, plans to obtain carbon credits for this project in partnership with Sri Lanka Climate Fund.  A scheme will be set up whereby local businesses and corporates could obtain accreditation to offset their carbon footprint.

As solar power increases, Sri Lanka is expected to become self sufficient in renewable energy sources by 2030, according to Sri Lanka’s energy sector development plan.

Solar power generation plants have been praised by environmental groups as it generates clean energy. While reducing the impact of the problem of air quality, green resource can reduce the import of oil to our Country and most importantly, keep average costs of electricity down.

~ Moves to their very own, state-of-the-art office space

Positioning itself to tap greater into the potential of the business boom in Kegalle, HNB has strengthened its presence in the area with the opening of a brand new branch office building with full-on digital capability. HNB’s branch is now at a spanking new building, a spacious location on the main Kandy road in Kegalle. HNB’s Kegalle branch will offer the full range of banking services as well as digital cheque deposit facilities, real time transactions and digital account opening facilities and will be open for business during week days from 9 a.m. to 3 p.m.

The new branch was ceremonially declared open by HNB’s Assistant General Manager, SME, Jude Fernando, while Chief Minister of Sabaragamuwa Province, Hon. Maheepala Herath was Guest of Honour. Other dignitaries included Kegalle’s District Secretary, Abeywickrama Warnasooriya, Divisional Secretary, Nalika Piyasena and HNB’s AGM – Network Management, Nirosh Perera and North Central Province, Regional Head, Vinodh Fernando.

Speaking at the event, Guest of Honour, Maheepala Herath said, “I’ve been a HNB customer since 1992 and I am delighted to see the Bank take technological strides while maintaining its legacy and character of stability and transparency in our District.”

HNB first opened its Kegalle branch in 1991 as its 40^th branch in Sri Lanka, presently lead by Manager Indika Gunawardena.

“With the opening of our new branch in the area we aim to empower the base of SME’s in Kegalle to further strengthen the country’s economy and leverage fully on the digital era business leaders,” said Jude Fernando – AGM – SME, HNB.

The newly opened Kegalle branch with its digital capability and offering can accommodate more customers in its spacious interior. Designed by Archt. Suranjan Ranasinghe, the new branch reflects style and features that closely follows the Kandyan style.

From left: Indika Gunawardena, Kegalle Branch Manager, Jude Fernando, AGM SME, Hon Mahipala Herath, Chief Minister, Sabaragamuwa, Kegalle’s District Secretary, Abeywickrama Warnasooriya, HNB’s AGM – Network Management, Nirosh Perera

Jude Fernando receives the 1st deposit from a customer

The National Mobile Service Provider, Mobitel has extended its Cash Bonanza Montero Extravaganza programme for the year 2017 to award another 12 lucky winners with luxury Monteros. Along with the 12 luxury Monteros, the operator will be awarding cash prizes of Rs. 500/- each to a total of 219,000 lucky Mobitel customers throughout the year. Mobitel will be awarding Rs 350 million to its customers throughout 2017.

The objective of extending the programme by Mobitel is to give more winning chances to more customers around the country and combined for 2016 and 2017, this makes history as the largest prize giveaway undertaken by a Telecom Operator in the country by amounting to a total prize value of an amazing 700 Mn to its customers.

12 lucky winners were selected in 2016 through the Mobitel Montero extravaganza programme from all across the island. The winners emerged from Ambalanthota, Wariyapola, Badalkumbura, Nittambuwa, Thanamalwila, Padaviya Sri Thissapura, Kalutara, Eppawala, Tricomalee, Polgolla, Bingiriya and Colombo.

Mobitel Pre-Paid, Post-Paid and Broadband customers are eligible for the Mobitel Cash Bonanza draw with every Rs 50/- cash recharge, reload or Post-Paid bill value payment. For the daily cash prizes, Pre-Paid winning customers will receive the prize by way of talk time for the same value and Post-Paid winning customers will receive the prize by way of a rebate on their Post-Paid bill.

Cash Bonanza winners will only be notified via Mobitel’s customer care hotline 071 27 55 777 and in writing via post. Customers will not be charged an additional fee for any prizes they have won.

A special half day Bank Holiday has been declared on 20 January 2017. The Central Bank of Sri Lanka has confirmed this holiday.

This special half day bank holiday has been declared in lieu of the Thai Pongal holiday falling on 14 Saturday.

Meanwhile, trading at the stock market too would close at 12 noon on 20 January 2017.

An auction of Development Bonds valued at US dollar 225 million would be held today, 16 January 2017, announced the Public Debt Department (PDD) of the Central Bank of Sri Lanka (CBSL).

These bonds with a maturity period of 01, 02, 03 years and of 02 months is scheduled to begin at 11.00 am today (16 January) and conclude at 10.00 am on 19 January 2017.

The interest revenue on these bonds is exempted from income tax within Sri Lanka.

Pelwatte Dairy Industries Ltd, a frontrunner in the dairy industry and one of the only companies using 100% locally sourced ingredients are offering hotels, bakeries and corporate institutions special prices on bulk butter purchases during the festive season. The offer which started off on the 1^st of December 2016 has been extended until 28^th February 2017 due to popular demand.

The competitive discounts for both salted and unsalted butter is being made available for purchases of butter in 1kg, 10kg or 20kg packs. The 1kg salted butter pack which was originally priced at 1,356 rupees is now being sold at a discounted price of 1,125 rupees while 1kg unsalted butter which was originally priced at 1,400 rupees has been reduced to 1,160 rupees.

For establishments that require a larger quantity the 10kg salted butter will be sold at 10,800 rupees while the unsalted butter will be priced at 11,700 rupees. The bulk 20 kg packs of both salted and unsalted butter will be available at 21,600 and 23,400 rupees respectively. This special offer that is designed to appeal to medium and large scale food producers is a great way to ensure that your business gets the best deal for butter that the market has to offer.

Pelwatte Butter is made using 100% locally sourced fresh milk, while no preservatives are added. The all natural baking staple is also used by renowned pastry shops who have for years trusted the quality and value for money of Pelwatte Dairy Products.

For more information on the special offer please contact Pelwatte Dairy Industries Ltd, on 0112 452094.

Prefer a walk to a nearby destination rather than getting stuck in traffic? Would you rather take the stairs instead of the elevator? Do you try your best to get in a small walk daily for exercise? If so, then the AIA Vitality programme, is just what you need, to make walking even better!

Asia’s leading insurer AIA’s ‘Vitality programme’ is the newest, most rewarding wellness platform in Sri Lanka, aimed at making Sri Lankans healthier, one step at a time. It’s a first of its kind, science-backed wellness programme that provides participants with the knowledge, tools and motivation to improve their health.

It’s an easy-to-use application which you can download for free from the Google play-store or the Apple app-store. Once you register, it lets you calculate your Vitality age (body age), but, be warned, you may be older than you expect! You will be given ‘step targets’ to earn ‘vitality points’ and if you achieve your targets, AIA will reward you. You can work-out in the gym, run or the easiest thing to do is just walk!

Why does AIA reward you for being active? It’s no secret that unhealthy lifestyle choices and insufficient exercise is the leading cause for non-communicable diseases (NCD) in Sri Lanka, triggering over 70% of deaths in the country (Sri Lanka Health Ministry). More disturbingly, an astounding 95% of Sri Lankans acknowledge that there are definitely things they can do to improve their health but only 8% have taken major steps towards healthy living! (AIA Healthy Living Index 2016) So we can agree that whilst Sri Lankans have a high awareness of the importance of healthy living, we are not really doing much about it!

AIA is committed to help people live, longer, healthier and better lives. And what better way to start than by encouraging people to get active, exercise and be conscious of their health. Easier said than done! Many of us are only too familiar with that overwhelming temptation to take the easy way out. That which keeps us on the couch, or has us getting into a tri-shaw to travel a short distance. That is why the AIA Vitality programme uses rewards as an incentive for you to be active.

The globally renowned wellness programme uses extensive science backed research in behavioural economics and health incentives. Their research shows that incentives can work to nudge people towards adopting and sustaining healthier behaviours. So while your own good health should be the biggest incentive, AIA’s exciting rewards including mobile top-ups, movie tickets, discount vouchers from e-tailers and taxi vouchers, do help!

AIA Sri Lanka Chief Marketing Officer Nikhil Advani said “This is revolutionary to Sri Lanka as it is a programme that will bring about positive change in an engaging, fun and rewarding way. The message is simple. Most people may not be able to exercise all the time, but every day will present you an opportunity to walk, and you should grab that opportunity, because staying active is imperative for good health.”

He added, “Unlike other wellness programmes, AIA Vitality uses a combination of incentives and principles of behavioural economics to achieve sustainable change. It is designed to make people accountable for their own health.”

CEO Pankaj Banerjee commented, “We are excited to launch AIA Vitality in Sri Lanka, which is proven to work, evidenced by the tremendous success that it has enjoyed in the other AIA markets. As the Real Life Company, we care about your well-being. AIA is constantly looking for ways to help you live longer, healthier, better- so all of us can make the most of our lives and be there for those that matter the most to us.” So get on-board the AIA Vitality programme- it may be the best New Year’s resolution you make!

CEO Pankaj Banerjee at the AIA Vitality Launch