Abans open modern eco-friendly warehouse facility in Seeduwa
Abans, a company that has always looked for unique and innovative
ways to protect the environment and curb global warming, has
accomplished a great milestone in the field of logistics, while at the
same time achieving their goals of environmental protection. Abans
Kadolkale Warehouse Facility is located in Seeduwa, three km from the
Airport and 29 km from the Port of Colombo.
Seeduwa Mayor Lalantha Gunasekera and Abans Chairperson Aban
Pestonjee opening the new warehouse. Abans Director Saroshi
Dubash and Abans General Manager Ajith Jayasinghe look on.
Abans Kadolkale Warehouse Facility is designed to preserve one of the
earth's most valuable natural resources - water. It is equipped with two
large sumps capable of holding 150,000 litres of water in each. The roof
of the warehouse complex is constructed so as to allow harvesting of the
rain water without exposure to external contaminants.
The rain water is collected in the two large sumps, treated and
filtered and is used for drinking and other purposes. It also has its
own sewage treatment plant which is capable of filtering 20,000 litres
every 12 hours. The treated waste water is used for non-potable purposes
such as washing, flushing of toilets, watering of gardens and washing of
The electrical material handling equipment installed at this complex
have been specially chosen for their operational versatility as well as
minimal power usage. With zero emission, these machines are
environmental friendly and safe to operate with built-in safety measures
to protect users, property and environment.
The high roof of the warehouse is of translucent sheets which permits
natural light to enter the warehouse so that operations can be conducted
till late in the evening without artificial lighting.
The new warehouse
Twenty six power ventilators with capacity of 2.4 m-cubes per second
air changes per unit along with insulated material provided under the
roof cover which is 50mm thick with density of 16kg/mcube glass wool
supported by louvres and grilled windows to ensure a comfortable working
Many auxiliary buildings support the workforce with every required
facility which include an infirmary. Safe and healthy working
environment was given the utmost priority during construction and also
during actual operation. This multi-purpose warehousing complex has been
built with the intention of being operationally cost effective as well
as environmental friendly.
Abans Kadolkale Warehouse Facility was opened recently by Aban
Pestonjee, Chairperson of Abans Group, jointly with the Mayor of Seeduwa
Lalantha Gunasekara. It is one of the largest warehousing complexes
under one roof, covering over 100,000 square feet of floor area with a
storage volume of 2,500,000 cubic feet. It is the only logistical hub
totally defined for stock distribution.
With the convenience of easy access to both air and sea ports, this
warehousing facility is probably one of the most advanced and
self-sustained logistical facilities in Sri Lanka. Measuring 26,24 feet
(8m) at eve level and 39.04 feet (11.9m) at centre, with only one set of
columns in the centre for maximum operational economization - it is
indeed a truly custom-built logistics centre.This state-of-the-art
warehouse has 20 docking facilities supported by 22 latest electrical
material handling equipment. All loading bays are angled for optimal
usage of available space and ensure easy access and maneuverability,
especially for 40 ft. containers. The existence of two docking
facilities per bay enables speedy cross-docking, should there be a need
to do so.
The floor is raised to 4.26 feet (1.3m) to protect and enhance safety
of stored items from floods and other consequences.
The Abans Group, consisting of over 30 independent companies, have in
numerous ways contributed to environmental protection and
preservation.Abans (Pvt) Ltd. is the strategic trading arm of the Abans
Group, holding agencies for the world's best brands of electronics and
electrical home appliances, sanitaryware and a range of other household
products. Abans always ensure that the products marketed by them conform
to high norms of quality and durability at affordable prices. Abans pay
special emphasis to eco-friendly products that conserve earth's valuable
resources and ensure that they do not cause any environmental pollution.
Abans Environmental Services (Pvt) Ltd, is another company in the
Abans Group that has helped in preserving the environment. They are
actively involved with the CMC in street cleaning operations and solid
Etisalat crowned with three prestigious GSMA Global Mobile Awards
At Mobile World Congress 2012:
Etisalat, a leading telecommunications company with operations in 17
markets across the Middle East, Africa and Asia, has won three of the
sector's most prestigious international awards at Mobile World Congress,
the global event held annually in Barcelona, Spain.
Etisalat received two GSMA Global Mobile Awards in the 'Best Mobile
Health Innovation' and 'mWomen Best Mobile Product' categories for its
mobile health innovation - Etisalat Mobile Baby that is helping to
combat maternal mortality in developing countries.
Etisalat also won the 'Best Mobile Money Innovation' award for its
Etisalat Commerce platform that is helping make financial services
accessible to millions of people across the region.
Accepting the awards, Essa Al Haddad, chief commercial officer at the
Etisalat Group, said: "Etisalat is committed to harnessing the power of
mobile connectivity through innovation to develop products that change
people's lives for the better and help to accelerate social and economic
development. In the case of Etisalat Mobile Baby it can also save lives.
"Our focus on mHealth and mCommerce solutions has had an immediate
impact in emerging markets where access to healthcare and banking
services are limited. These accolades are further endorsement of our
focus on delivering innovative technologies that have a transformative
effect on people, communities and economies."
Etisalat's Mobile Baby programme delivers affordable primary
healthcare solutions to even the most remote, rural regions of Africa.
Mobile Baby is already delivering tangible results and is contributing
to global efforts to achieve Millennium Development Goals which seek to
reduce maternal mortality in childbirth and deliver universal access to
reproductive health. Developed in partnership with Qualcomm, D-Tree
International and Great Connection, Etisalat Mobile Baby is a complete
mHealth ecosystem that brings together medical healthcare professionals,
NGOs, pharmaceutical and insurance companies, and federal and state
governments to deliver affordable healthcare for all powered by mobile
In Tanzania where Etisalat first launched the service, there has been
a substantial drop in baseline maternal mortality rates and a 30 percent
increase in the in-medical facility delivery rate. During 2012 the
Etisalat Mobile Baby service will be rolled out across its operations in
Afghanistan, Pakistan, Sri Lanka, Ivory Coast, Benin, Togo, Niger,
Central African Republic and Gabon.
The Etisalat Commerce initiative won the 'Best Mobile Money
Innovation' for the transformational way in which it uses new electronic
commerce technologies to empower businesses and individuals in emerging
markets. One example of this is Etisalat's Near Field Communication (NFC)
solution which allows payments to be made using specially enabled-mobile
devices. The Etisalat Commerce platform was developed in partnership
with MasterCard Worldwide and Oberthur Technologies.
Working with federal financial services authorities to meet local
market regulatory requirements, the Etisalat Commerce platform can
facilitate a wide range of financial transactions including salary
payments, person to person domestic and International fund transfers,
utility and merchant payments, on-line purchases, and bank transactions.
Importantly, it provides a fast, safe and secure environment for the
un-banked and under-banked communities.
Michael O'Hara, chief marketing officer, GSMA said: "The 2012 Global
Mobile Awards continue to showcase the greatest, most creative and
innovative products and services driving the mobile ecosystem today and
into the future.
"With a record number of high calibre entries this year, it is a
significant achievement for a company to be honoured with an award, but
to win three is an outstanding achievement. The GSMA congratulates
Etisalat and commends all those taking part for raising the benchmark of
contributions to mobile communications across the entire industry," he
Ceylinco Insurance to change world of beauty pageants with Miss
Ceylinco Insurance has embarked on a grand enterprise - Miss Ceylinco
VIP 2012. This unique competition will enable the dazzling damsels,
living in the outstations, to be a part of a truly mega event. With its
Ceylinco Miss VIP beauty pageant, the company has created a show of
unprecedented glamour and stature that seeks to attain a celebrated
position of its own, among beauty pageants. The contest will be held
islandwide and invite young women from the nine provinces to participate
and set off on a dream journey of discovery.
"Ceylinco Miss VIP is indeed a unique beauty pageant" said Ajith
Gunawardena, Managing Director and Chief Executive Officer of Ceylinco
Insurance - General, who spearheaded the concept of Ceylinco VIP On the
Spot claim settlement." It will seek and reward the talented young women
from the villages and enable them to embark on a voyage of personal
development. The pageant will showcase their talents and give them an
ideal platform to shine," he said.
Nine mini pageants will be held in each province, inviting young
women from each area to participate, following which, two contestants
will be selected from each province. The first mini pageant will be held
in Kandy on March 29 and thereafter end of every month until November
covering all nine provinces. The mega pageant will be held in Colombo as
a dazzling showcase of style and elegance, at which Miss Ceylinco VIP
2012 will be crowned. The judges at each provincial mini pageant and the
main pageant will be an eminent and an independent panel who will be
able to evaluate every participant adequately. 'The unique aspect of
Ceylinco Miss VIP is that we will go to the village to discover talent -
we will not just ask them to come to Colombo to participate in a
contest" said Gunawardena. "There are many young people out there who
are extremely talented and with a little grooming, can compete at an
international level in a beauty pageant. We at Ceylinco Insurance will
empower them to live that dream," he said.
The mini pageants will be held in Kandy, Negombo, Ratnapura, Galle,
Kurunegala, Ampara, Anuradhapura, Badulla and Vavuniya.
This is one of the few pageants to seek out talent from areas
covering Jaffna, Vavuniya, Batticaloa and Ampara which have been
recovering from the ravages of war. "It is a wonderful opportunity to be
able to invite young women from these areas, along with those from other
areas, to participate in a glamourous beauty pageant that will give them
the opportunity of a lifetime," said Gunawardena.
The mini pageants, the mini titles of the mini pageants and the main
pageant will have on offer valuable gifts ; the winners will receive
jewellery worth over Rs 2 million, ten motorcycles, household furniture
worth over Rs 1 million, over 25 air tickets, many gift vouchers to the
value of over Rs 2 million and cash awards. Joining Ceylinco Insurance
as partners for gifts in this dazzling pageant are many leading
companies ; among them Hero Honda, Oman Air, JAT Holdings, Prime Lands,
Asian Finance, Aminra Collections , Singer, Thilakawardena Textiles,
Janet and Kent, most of whom are customers of Ceylinco Insurance. In
addition to these, there are several sponsors of gifts at provincial
level as well. As a gesture of goodwill, Ceylinco Insurance will donate
funds to the Camilla School at Mattegoda, which houses and takes care of
mentally challenged children.
"Uniqueness is something we celebrate at Ceylinco Insurance -
Innovation forms the bedrock of our company, enabling us to keep abreast
of changing customer perceptions and needs.
We hope to bring the same kind of uniqueness to Miss VIP 2012, giving
it a very special status as a beauty pageant with a difference,"
Gunawardena further elaborated.
Ceylinco Insurance has always stayed on the edge of innovation with
unique products and services that exceed customer expectations and
reward customer loyalty.
Its VIP On the Spot claim settlement has received worldwide
recognition and has been hailed as a unique breakthrough product in the
Building a beauty pageant that displays the outstanding success of
the Ceylinco VIP On the Spot is an exceptional move for the company that
maintains one of the largest sales and outlet networks in the country
through which the company delivers its services to customers. " Ceylinco
Miss VIP blends beauty and talent with a cutting edge delivery of a
unique claim settlement - we are happy and proud to be able to extend it
to all Sri Lankans for participation and empowerment," said Gunawardena.
LB launches savings account with boundless benefits
LB Finance PLC, recently launched the LB Finance Savings Account with
'benefits without boundaries', another addition to the company's
portfolio promising the same. The new scheme offers customers an 8.66%
interest rate per annum, regardless of their balance. A minimum cash
balance is, therefore, not a requisite.
"This is truly a no-holds-barred approach to saving and earning
returns", said Executive Director Niroshan Udage, "It allows a secure
saving of funds without the pressure of having to maintain a minimum
balance. It's also comforting for savers that the high interest rate can
be enjoyed regardless of your account balance," he said.
LB Finance also launched the Kids Savings Zone account for children
and the Senior Savings Account for senior citizens. Both come with
special benefits for the target group and look to finance them according
to their specific needs. The financier is also setting a trend in the
industry by liaising with Sampath Bank PLC to share the well-established
banker's wide-spread ATM facilities at outlets across Sri Lanka.
The company has been experiencing success continuously, for the 9
months ending December 31, 2011, income rose by 45% to stand at Rs.5.596
billion propelled by its solid lending portfolio while Net Interest
Income grew by 34% to Rs. 2.622 billion. LB Finance has consistently
recorded massive increases in its profits over the years thanks to
expedited growth and development; following this course, Profit After
Tax grew by a staggering 81% year-on year to stand at Rs. 1.1 billion as
at end-December 2011.
The LB Finance product range which is spearheaded by its trademark
easy Leasing and Hire Purchase facilities contributed to a total asset
base of Rs. 38 billion, including a total of Rs. 32 billion worth of
lending. This signifies a 37.6% increase from the Rs. 28 billion
recorded at the end of the previous financial year.
In addition to lending facilities, the company's primary mover and
chief funding factor is their benefit-heavy fixed deposit schemes,
deposit base grew rapidly from Rs. 19 billion to Rs. 24 billion over the
nine month period. Net worth of LB Finance shares improved with the
healthy financials recorded as Net Assets per Share grew exponentially
from the Rs. 37.74 during the last financial year to Rs. 50.78 at
LB Finance has a strong financial tradition of over 40 years and
deploys a portfolio of financial solutions trusted widely by corporate,
SME and household investor alike. "We have always maintained that our
finest offering is our warm customer relations and the new products have
specially verified that," Udage said. LB's product offering includes
leasing, hire purchase, fixed deposits, microfinance, factoring, margin
trading, inland money transfer and Islamic finance.The newly-launched LB
Finance saving accounts will be available across the extensive LB
Finance network islandwide, including the recently unveiled world-class
Corporate Office on Dharmapala Mawatha, Colombo 3.