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COMBank pays Rs. 2.9m to Year 5 scholarship winners
Commercial Bank has to-date rewarded 338 students holding Arunalu
Minors Accounts with cash prizes for achieving the 1st, 2nd and 3rd best
results in their schools at the Year 5 scholarship examination of 2008,
the Bank said.
The Bank had paid Rs. 10,000 to the student placed first, Rs. 7,500
to the second and Rs. 5,000 to the student placed third in each school.
In addition, five students, who obtained the highest marks in their
Districts at this examination, doubled their account balances, up to a
maximum of Rs. 50,000, under a feature introduced to the 'Arunalu'
Scholarships Scheme in 2007.
Arunalu scholarship winner R.M. Sachika Randika receives his
cash prize from Manager, Commercial Bank Kaduwela Branch
M.A. Asver. |
The total value of the Cash Awards paid out in this manner to-date in
respect of the 2008 Year 5 scholarship examination was Rs. 2.93 million,
the Bank said.
"We have rewarded more than 1,200 students who have performed well in
year 5 scholarships," said Commercial Bank's Chief Operating Officer
Ravi Dias. "This scheme makes saving even more rewarding and helps boost
children's interest in excelling in education while inculcating the
value of saving from a young age."
Arunalu accounts can be opened at any of Commercial Bank's branches
or supermarket counters with a minimum deposit of Rs. 100. A minimum
account balance of Rs. 5,000 should be maintained at the time of the
Year 5 examination to be eligible for a prize.
The Bank's network in Sri Lanka comprising 171 computer-linked
branches and supermarket banking counters.
The Bank has been adjudged Sri Lanka's 'Bank of the Year' seven times
by 'The Banker', a top notch global banking magazine and ranked among
'Top 1000 World Banks' by the same magazine. The Bank has also been
rated the 'Best Bank in Sri Lanka' for 11 consecutive years by US based
Global Finance Magazine.
In July 2007 the Bank was named the 'Best Bank' in Sri Lanka by
another prestigious international financial magazine 'Euromoney'.
Rhino donates air mattresses
Rhino Roofing Products Ltd. donated air mattresses to the National
Hospital in Colombo on July 1. These air mattresses for the orthopaedic
section of the hospital would greatly benefit the security personnel and
other patients suffering from long-term orthopaedic ailments. Due to the
shortage of air mattresses earlier, many patients suffered from
bedsores.
However, this can now be prevented by letting them sleep on these
mattresses. Rhino Roofing will thus help alleviate the unnecessary
suffering of patients and reduce the expenditure incurred by the
hospital in treating bedsores.
Managing Director of Rhino Roofing, Jayaseelan Gnanam took action to
supply the air mattresses after the Director of the National Hospital
Dr. Hector Weerasinghe and orthopaedic surgeon Dr. Pinto informed him
about this requirement.
Dr. Hector Weerasinghe, Dr. Pinto, Chief Financial Officer, Rhino,
Gnanam, Marketing Manager, Rhino, Manoj Weeraman and Michel De Silva
participated.
Gnanam said that as a socially responsible organization, it is their
duty to understand and resolve problems in the best manner. He said that
Rhino has lent a helping hand even on previous occasions such as
national disasters.
The company is currently involved in a project to complete the
operation theatre complex of the National Cancer Hospital at a cost of
over Rs. 25 million.
'e-Asia 2009' will woo foreign investment - ICTA
e-Asia 2009 will provide an opportunity to demonstrate Sri Lanka's
suitability for foreign investment, said ICTA's Chief Operating Officer
Reshan Dewapura at a meeting in connection with Sri Lanka's choice to
host e-Asia 2009 attended by local and foreign media personnel and other
officials at the Ceylon Continental Hotel, Colombo recently.
Dewapura said that e-Asia 2009 would be an opportunity for Sri Lanka
to demonstrate its suitablility for foreign investment. Sri Lanka's
chairmanship of SAARC, its success in eradicating the 30-year terrorist
war, the year being declared the year of English and IT, the tremendous
commitment from President Mahinda Rajapaksa to improve IT and the
enormous success in ICT, all these, was testimony that Sri Lanka was
ideally to host e-Asia 2009.
Deputy General Manager Centre for Science, Development and Media
Studies(CSDMS), India, Dipanjan Banerjee said that e-Asia, the
non-Government IT research advisory service organization with annual
events held from 2006 in Thailand, Malaysia and India had graduated to
an international event in terms of participation and audience.
The scope had widened beyond the four original areas of e-Government,
education, e-health and telecentres. He said the great strides Sri Lanka
had made especially in Telecentres with nearly 600 Nenasalas set up
islandwide.
"The Information and Communication Technology Agency of Sri Lanka (IC
TA) aims to organize the Information Technology exhibition and
conference that will be held in Colombo from December 2-4 this year",
Information and Communication Technology Agency of Sri Lanka Chairman
Prof P. W. Epasinghe said.
The President's Additional Secretary Dr. I.H.K. Mahanama said: "Sri
Lanka has been chosen as the venue to conduct this year's conference and
exhibition after extensive observations by the e-Asia organisers".
Co-chairman of the Organising Committee and member of ICTA's Board of
Directors, Earle Fernando said that this would be the most important ICT
conference and exhibition in Sri Lanka. He said that Bill Gates had said
that Sri Lanka was poised for great success because there was tremendous
commitment and faith in Sri Lanka in the power of IT for improving
people's lives.
Paracetol campaign
Ledak Dukak Noveva (a wish for health and happiness), the newest
corporate campaign was launched by Paracetol. Paracetol takes this extra
step by promoting its wish to the nation through song, which encompasses
all traditional local goodwill messages and is composed to reflect tunes
used for well-being and health therapies, thereby further enhancing its
wish for true health and happiness for everyone.
Paracetol is a truly local brand which has over the years gained
confidence among the Sri Lankan consumers and medical professionals. It
is an analgesic commonly used for relief from pain and fever, and was
acquired by Hemas Manufacturing back in 2007. This acquisition
strengthened the Paracetol brand in the local market due to the strong
distribution network and image of Hemas in the healthcare sector.
Paracetol is registered by the Cosmetic Devices and Drugs Authority
of the Ministry of Healthcare and Nutrition and is manufactured to
comply with British Pharmacopoeia Standards and in line with GMP - Good
Practices in Manufacture and Quality Control recommended by the World
Health Organisation.
"We are always concerned about the local consumer and that is why we
offer a Paracetamol of international standard under the brand name of
Paracetol at a reasonable price, said Bimal Silva, Marketing Manager
Foods and Home Care.
"At a time when our national sentiment is turning positive after
years of darkness, it is incumbent of local brands such as us to provide
the impetus to drive positiveness across the country, said Managing
Director of Hemas FMCG Imal Fonseka.
Samsung Mobile in strategic alliance with Sala Enterprises
Samsung Mobile has appointed Sala Enterprises as their authorized
distributor. "We are a global brand for high quality innovative mobile
solutions, our products are already in Sri Lanka, but we believe we have
far greater scope in this market.
We had to align with a partner who understands the advantages of
modern technology and benefits it can bring to the people," said the
Country Manager, Samsung Mobile, Keith Lai, "We have reached a key
milestone in our business in Sri Lanka by tieing up with a truly local
company which has dedicated their business vision to make technology
more affordable to local customers. We are proud to be a partner in
their drive to enter the branded mobile phone market.
Managing Director, Sala Enterprises, Chinthaka Wijewikrama said "We
consider it a great honour to represent a global giant in this market,
and we are confident that our capabilities will complement the brands
business objectives, resulting in a win-win relationship. Although a
truly local entrepreneurial business, we have been in the forefront
introducing technological innovations to the discerning local customers.
We will be now in a position to bring the latest innovations of Samsung
to our customers." |