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Thursday, 13 August 2009

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Multi-Tower Havelock City project:

SLT in landmark agreement

Sri Lanka Telecom, (SLT) has entered into a landmark agreement with the Havelock City project, which is the flagship multi-tower residential and commercial real estate development project undertaken in Sri Lanka.

The agreement was signed by Chairperson of Sri Lanka Telecom Mrs Leisha De Silva Chandrasena, and Director of Mireka Capital Land (Pvt) Ltd. H Z Cassim.

The agreement signifies SLT's commitment to connect the Havelock City with the latest fibre optic connections extending SLT broadband network to all residents catering to their communication requirements.

This new commitment would provide infrastructure facilities to provide triple play services such as voice, data, and video and also ensure mobile connectivity within the premises through its fully owned subsidiary Mobitel (Pvt) Ltd.

The Havelock City apartment owners will enjoy a 'digital' lifestyle offered via the cream of today's broadband technology.

The Havelock City, along Havelock Road is the largest residential-cum-commercial project to be undertaken in Sri Lanka to provide potential residents a true "City within a City" concept.

Developed by Mireka Capital Land (Pvt) Ltd, a joint venture between Overseas Realty (Ceylon) PLC and the Bank of Ceylon, this development would comprise high quality residential apartments and a commercial complex with a shopping mall, food and beverage facilities, retail shops, a supermarket and a business hotel among other facilities. Its unique feature is the seven-acre landscaped roof garden, the first of its kind in Sri Lanka. Sixty percent of the apartments have been sold out in the first phase and the Park tower and Elibank tower are expected to be completed shortly. The value added features introduced by SLT to the Havelock City would make it a state-of-the-art development project where the latest communication and entertainment facilities are readily made available to its residents.

Managing Director of Mireka Capital Land, Ralph De Lanerolle said "the development at the Havelock City will provide residents with the state-of- the-art communication and entertainment facilities. Havelock City will be one of the few development projects in Colombo to be equipped with the latest technology providing enhanced communication infrastructure and facilities which are on par with global standards. I'am confident that with SLT's support, we can offer guaranteed services to our apartment owners with a basket of value added features".

Chairperson of SLT, Mrs. Leisha De Silva Chandrasena said, "We are happy to be the preferred communication service provider for this flagship project. We have provided fibre connectivity with network resiliencies to the Havelock City covering the two towers in the first phase of the project".

"The extension of the broadband network to the Havelock City premises empowers SLT to deliver reliable voice services, high speed internet services, IPTV services or any other IP services to apartment owners." Mrs. Chandrasena said.

DSL Douglas and Sons partners Schaeffler Group

DSL, Douglas and Sons Pvt. Ltd. Joined hands with the Schaeffler Group to market four of its strong brands, LuK, INA, FAG and Ruville, which stands for customer orientation, innovative power and superior quality. In 2007, 66,000 employees at over 180 locations achieved a sales volume totalling 8.9 billion Euros.

General Manager LuK India (Pvt) Ltd., M. Akkappan and Chairman/Managing Director DSL Group of Companies, Saroj Perera at the launch. Pic. by Sumanachandra Ariyawansa

Schaeffler Automotive Aftermarket supplies drive train technology, engine components, chassis components - for all vehicle classes and in OE quality - to the independent automotive aftermarket worldwide.

LuK India (Pvt) Ltd. is part of the Schaeffler Group and a successful manufacturer of drive train components.

The Automotive Aftermarket Division of LuK India supplies the local independent automotive aftermarket with LuK and INA products, whilst FAG products are supplied via FAG Bearings India Ltd.

The local LuK product range includes a complete program of clutch systems for passenger cars, light and heavy commercial vehicles, multi-utility vehicles and tractors as well as service solutions, such as RepSet, the full-service package for professional clutch repair.

For the local market, the INA product range comprises single belt drive components and tension roller sets for passenger cars and light commercial vehicles.

Whilst LuK, INA and FAG have been successful in the automotive industry for many years, LuK India Automotive Aftermarket now takes a further step to extending its product range by introducing the Schaeffler Group brand Ruville. Ruville with its headquarters in Germany is another brand of Schaeffler Group Automotive.

The products are state-of-the-art applications manufactured with the highest possible expertise in engineering and production. As a result, the company offers an attractive product range of spare parts for the suspension and engine as well as repair kits for passenger cars and commercial vehicles. In addition, the Ruville product range is continuously updated to the changing requirements of the company's international customers.

In April 2009, LuK India Automotive Aftermarket has already launched Ruville in India, and will launch the brand in Sri Lanka on August 8.

"We will start with steering and suspension parts for passenger cars, commercial vehicles, multi-utility vehicles and tractors. Currently, we have 90 different part numbers available to our distribution partners, Douglas and Sons Pvt. Ltd.. Nevertheless, we are planning for product range extension in this product line", mentions Akkappan, General Manager Operations of LuK India Automotive Aftermarket.

eMarketingEye increases capacity catering

eMarketingEye, Online Marketing Agencies strives to increase capacity in Sri Lanka as part of its expansion initiatives.

From their beginnings eMarketingEye has grown by leaps and bounds through sheer determination and an unfailing drive for excellence. Today this online marketing agency serves over 300 hotels and travel companies across the world with a workforce that has grown exponentially in less than three years of operations. "With the ever growing demand and recognition we have gained from our clients and several diversification projects we are aiming at, we plan to double our workforce by the end of the year" said CEO eMarketingEye Rajitha Dahanayake.

eMarketingEye has plans to move to a new office in Nugegoda with the idea of not only expanding operations but also matching their famed clientele in image with new and elegantly designed offices.

eMarketingEye has an interesting blend of personalities that come together to create a continuous learning climate that fosters creativity and team morale. "Nothing would have been possible without the countless hours and dedication of our young team", said Vice President Technology and Operations Manupriya Jayathilake. "In a knowledge based industry, it is a must for people to work intuitively and most of all have a yearning desire to learn more; there is something new to be learned everyday and we make it a part of our development process," said Manupriya.

eMarketingEye offers a diverse portfolio including e-strategy consulting, search marketing, online advertising, email marketing, performance monitoring and return on investment analysis. While the company caters to some of the best brands in the international travel and hospitality sector, recent expansion plans have also included serving reputed local hotels.

The internet is ever evolving with new opportunities and new possibilities emerging regularly. The ability, tactile knowledge and know-how to harness its power and potential has been something that eMarketingEye has gained prowess and repute.

Charter House conducts plumber - training programs

Charter House, a provider of bath ware and engineering solutions, recently concluded the latest phase of its plumber-training program. The company's flagship Corporate Social Responsibility (CSR) project, supports to uplift standards and empower professionals in the domestic industry.

The islandwide program offers specialised guidance for plumbers in working with high end, international brands and products, and offers them recognised certification upon completion of the program.

Providing a comprehensive and in-depth knowledge of modern plumbing techniques, product options and configurations currently available in the market, this empowering program has already benefited over 60 plumbers and will seek to further assist over 300 plumbers Islandwide.

Business Development Manager, Charter House Ranil Samarawickrama said, "Charter House is committed to social responsibility, and we believe the success of our business is contingent on the quality of the relationships we build with our communities. Lending credence to this view, the company undertook the task of conducting training programes for plumbing professionals at locations throughout the island. Participants are guaranteed a valid and tangible qualification, with health insurance coverage to the value of Rs. 250,000. Our efforts to advance knowledge and skill development through this project is a great source of pride to all of us at Charter House, and is a part of the service we deliver." He said that the considerable support Charter House lent by empowerment and uplift - ranging from architects to plumbers - served to ensure that the quality of their premium products are upheld by those professionals that have occasion to interact with them in the course of their jobs.

Sampath Bank in Baddegama

The 118th branch of Sampath Bank PLC was opened in Baddegama, recently. The branch is electronically linked with the Sampath Bank network, making all transactions and services real-time and available 24 hours of the day.

The opening of the new Sampath Bank branch has indicated a new era of banking services and facilities to the community in the area which consists of customers from many walks of life such as civil service, agriculture, fisheries, poultry and other small, medium and large industries.

The branch at a key transition point, will facilitate the personal banking requirements of customers from the Baddegama and surrounding areas.

The facility to open and operate current accounts, carry out international trade transactions, obtaining business loans, better interest for personal deposits, easy withdrawals and credit card payments and an expedited service for loan application are some of the benefits offered at the new branch.

Sampath Bank is the pioneer banking and financial service provider in Sri Lanka.

Having begun with the revolutionary introduction of the ATM banking facilities for the first time in the country, the bank now prides themselves by offering a comprehensive range of innovative products and services which are designed to suit the many needs of the customers.

Standard Chartered Bank honoured

The Standard Chartered Bank in Colombo

The Trade Finance Magazine awarded Standard Chartered Bank Sri Lanka "Best International Trade Bank" at the recently concluded awards ceremony last month.

Standard Chartered Bank's strategic presence, excellent product management model and expertise in trade finance led the Bank to be rated the best provider of trade finance solutions for its customers in Sri Lanka.

The Bank has maintained a strong expertise in cross border trade transactions, while effectively managing project exports in emerging markets such as Asia, Africa and the Middle East. Their focus has been on delivering customized solutions to the customers that result in exceptional enhancements to their business.

Servicing clients for their entire working capital needs rather than taking a single product approach means that the Bank's relationship management teams and product management teams are free to create innovative bundled solutions which really fit the client's needs.

Combining this with Standard Chartered Bank's 'deep on the ground presence' in their clients' key markets allows the bank to truly deliver network and innovative product capabilities.

"We are the pioneers of supply chain financing in Sri Lanka and also the market leaders in the area. We have one of the largest trade networking capabilities with strategic tie-ups with local banks," said Director, and Transaction Banking Sri Lanka Bingumal Thewarathanthri.

Standard Chartered Bank is also the market leader for Documentary trading services and Open Account trading solutions in terms of solution structuring and innovations.

Thewarathanthri said, "We have a state-of-the-art integrated electronic platform across Financial Markets and Transaction Banking called Straight2Bank. Straight2Bank offers clients one single point of access across Cash, Trade, FX and Security.

This year Standard Chartered Bank Sri Lanka, enhanced its network by setting up a Trade counter in Negombo to support the trade needs of the clients in the Free Trade Zone. The trade system was transformed to a highly sophisticated platform called IMEX.

To promote road safety:

CEAT goes to schools

LRoad safety around schools is the focus of a new corporate social responsibility program launched last week by CEAT Sri Lanka, a pneumatic tyre manufacturer.

The Company's Managing Director Randeep Narang said the India-Sri Lanka joint venture had taken a firm policy decision to focus on CSR as an integrated corporate management function.

He said primary education and road safety are two key areas in which CEAT hopes to make meaningful contributions to the community in Sri Lanka. "Safety on the road often depends on good tyres, and as a leading tyre manufacturer, we are committed to enriching the many thousands of lives that ride on CEAT every day," Narang said.

The schools program that involves the presentation of traffic signs, traffic cones and other equipment to schools in Colombo and suburbs was inaugurated at Holy Family Convent, Colombo. The school was provided 11 signboards and 25 cones for use at its Marine Drive entrance, where scores of school vans and cars drop and pick up children every day.

"Our product is closely linked with motoring and safety. It is therefore logical that we play a meaningful role in promoting discipline, order and safety among motorists and pedestrians," said, General Manager - Sales and Marketing of CEAT Sri Lanka. Ravi Dadlani.

He said the Road Safety Project will be one of the key elements in 'CEAT Cares,' the company's CSR program. It would help achieve two goals, the safety of children and educating students and their parents on the importance of obeying traffic signs.


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