~ Connects NDB e-Remittance Customers to Broader Global Network of Remittance Services 

National Development Bank PLC (NDB) today announced its partnership with HomeSend, a joint venture between Mastercard, eServGlobal and BICS, to offer greater security and convenience to millions of Sri Lankans sending money home from abroad. Connecting NDB’s state-of-the-art e-Remittance service to the HomeSend Hub, this agreement will allow consumers to credit funds directly to a beneficiary’s bank account at NDB through a wide network of remittance services around the world. With this new service, an estimated 3 million Sri Lankans will benefit directly from the enhanced security and convenience with remittances.

“In line with our vision of being a driving force for a financially empowered Sri Lanka, our partnership with HomeSend is part of our commitment to enhancing our service offerings and offering greater value to our customers. Given the extensive network of remittance services connected to the HomeSend Hub, this will effectively extend the reach of our e-Remittance service and allow millions of Sri Lankan’s living abroad to remit funds directly and safely to their loved ones’ bank accounts at NDB or any other bank accounts in Sri Lanka,” said Raj Aboobucker, Vice President – Institutional Banking of NDB.

Stephen Doyle, CEO, HomeSend said, “Playing a significant role in Sri Lanka’s economy, foreign remittances are a key source of income for countless families around the island. The ability to safely send money electronically within a day, would have a substantial positive impact to both individual beneficiaries and the economy at large. Serving as this critical link, our partnership with NDB will offer any Sri Lankan customer a safe and convenient means of receiving funds from family abroad directly to their bank account in Sri Lanka.”

This service has been made available since early July from markets across Europe and will launched across other markets from North America, Middle East and Asia Pacific through the rest of the year. According to data from the World Bank[1] last year the total value of remittances to Sri Lanka was estimated at US$ 7 billion, with more than half of that amount originating out of the Middle East, followed by Europe and North America as the next key remittance markets.

NDB E-Remittances is one of NDB’s most obtained services across its network. It enables inward remittances from countries such as United Kingdom, Australia, Italy and UAE to their home country within minutes of origination of transactions via an automated straight through process without any hassle and with a guaranteed security. NDB E-Remittance facilitates payment of cash and credit beneficiary accounts within its network of 103 branches and to other bank accounts.

About NDB Bank: NDB remains dedicated to bringing its customers one step closer to accomplishing their life long ambitions and uplifting their standards of living through the range of financial services that is accessible through its growing branch network. Further details on NDB’s many products can be obtained from its 24 hour Call Centre, by calling 011 244 8888 or by visiting NDB Bank’s website on www.ndbbank.com

About HomeSend: HomeSend is a joint venture created by Mastercard, eServGlobal and BICS that enables B2B cross-border and cross-network value transfers through a single connection. It builds on the successful deployment of mobile enabled person-to-person transfers in emerging markets and the digitalization of money transfer services. The HomeSend service innovatively bridges the gap between finance and telecommunication service providers and enables consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash outlets – regardless of their location or that of the recipient.

Ocean Lanka recently partnered Trail 2016 as Bronze Sponsor in aid of the charity’s drive to raise awareness on cancer and in raising US$ 5 million, which will go towards building a state-of-the-art cancer treatment facility at the Karapitiya Teaching Hospital in Galle. The company pledged a substantial donation to the cause which was enthusiastically supported by its employees, who collectively contributed a further donation towards the noble cause. Trail was initiated in 2011 in conjunction with the Colours of Courage Trust in an effort to bring communities from across Sri Lanka together to collectively drive the nation’s fight against cancer. The initiative was started by two friends and colleagues – Sarinda Unamboowe and Nathan Sivagananathan.

Ocean Lanka has always engendered a culture of sustainable citizenship within its workplace and this came to the fore when 100 of its staff members participated in the Colombo leg of Trail 2016. The company’s legacy of ethical and sustainable practices has engendered in its employees a strong sense of ownership for the well-being of the community coupled with the desire to volunteer their resources for the benefit of all stakeholder groups.

Commenting on the company’s partnership with Trail 2016, Dr Austin Au Managing Director of Ocean Lanka said, “Trail 2016 signifies the unity of spirit in Sri Lanka as it has brought people from all walks of life to work towards a common cause. Witnessing our staff contributing in such an enthusiastic manner to this cause gives us an immense sense of pride. We have repeatedly stressed on the fact that our employees are our invaluable assets and by volunteering so selflessly in Trail 2016 by way of donations and participating in the walk itself, displays their strong sense of citizenship. Ocean Lanka has a strong track record in carrying out impactful social and environmental sustainability strategies supported by the management and staff.”

Established in 1996, Ocean Lanka (Pvt) Ltd is Sri Lanka’s largest weft knitted fabric manufacturer that counts over 20 years of experience in producing high quality, world class fabrics. The company was set up as a joint venture between Hong Kong based listed Fountain Set (Holdings) Limited, one of the world’s largest circular knitted fabric manufacturers along with local apparel giants Brandix Lanka Limited and the Hirdaramani Group. Its major international client base comprises Victoria’s Secret, Tommy Hilfiger, Marks & Spencer, Nike, Next and Gap while its local clients include Brandix Lanka Limited, Hirdaramani Group, MAS Holdings and Next Manufacturing. Ocean Lanka operates a state-of-the-art production facility with extensive R&D capabilities and has a strong focus on sustainability and environmental conservation.

Photo Caption: The Ocean Lanka team after completing the Trail Walk.

Thousands of walkers reached the finishing point as Trail’s 28-day journey from Point Pedro in the North to Dondra in the South of Sri Lanka came to an end.

The extraordinary success of the event has been a truly inspiring one along this journey to raise five million dollars towards building a new cancer facility at the Karapitiya Teaching Hospital in Galle. Trail 2016 saw Sri Lankans from all walks of life and even visiting tourists to the Island unite together for a common cause. Over 70,000 walkers raised nearly $3 million thus far. And 40 million rupees in till collections alone on the road over the 28 days.

For a country that has come out of a 30-year civil war just seven years ago, Trail’s aim has been to unite communities across the country whilst carrying the message of hope to those battling cancer or those who have lost a loved one to this terrible disease.

Throughout the 28 days, the walkers were overwhelmed by the inherent generosity and empathy of the Sri Lankan people. There were school children who gave away their piggy banks or day’s pocket money, way-side vendors who gave their day’s earnings and even beggars who gave their collections, and people along the way providing refreshments touching the hearts of the walkers. Along this journey were also several corporates sponsoring and donating to Trail to reach the goal of five million dollars.

“The contributions and participation by the people have been overwhelming. It makes us feel really good. This is the kind of support and awareness we envisioned to have for this initiative. We wanted everyone to know that we are walking for a cause which will help all Sri Lankans” said MahelaJayawardena, Director of the Colours of Courage Trust. He further added, “We will continue to push ourselves to raise funds to help patients with different needs.”

Trail 2016 was certainly no hike. The journey was challenging as anyone who took part would say. Yet the scorching heat and humidity nor the downpour of rains and slippery muddy roads did not deter the thousands of people who braved all odds to show their solidarity.

Trail 2016 owes its success in no small measure to its brand ambassadors and many other eminent personalities as the road in front of them gradually shrank from the 670 km till they reached Dondra Head, the southernmost point in Sri Lanka. “We were completely overwhelmed by the spontaneous and warm support of the public along the way,” said Kumar Sangakkara. “They were the real brand ambassadors.”

Co-founder of Trail, SarindaUnamboowe had pledged that if the civil war were to end, he would walk the length of his homeland as a commitment to peace, and Nathan Sivagananathan who was touched by a personal loss to cancer and felt this walk was the most impactful way to help those battling this disease.

“It is a matter of personal satisfaction for me to have walked from south to north during TrailSL 2011 and from north to south during TrailSL 2016,” said SarindaUnamboowe. “It is great to see people transformed from a war mind-set to one of peace and sharing, as we have seen all along the way.”

“With the funds collected from TrailSL 2011, we were able to build a state-of-the-art cancer hospital in Tellippalai, Jaffna,” said Nathan Sivagananathan. “With TrailSL 2016 I’m confident that our dream of a state-of the-art cancer hospital in Galle will soon be a reality.”

Corporate donors have in no small measure contributed to taking the amount raised to beyond 58% of the target. TrailSL is confident that many more corporate donors will come forward in the days ahead.

There were many without whose help this success would not have been achieved. Trail Blazers, Pathfinders, Day Trekkers, Virtual Walkers, Media Institutions, Government Agencies, the Tri-Forces & Police; others too numerous to be named. Each contribution is as valuable as all others in bringing relief to the thousands suffering from cancer.

Established in 1982, the Karapitiya Teaching Hospital is the third largest national hospital in the country and the most accessed healthcare centre in the south of Sri Lanka. In 2015, the hospital recorded its highest number of cancer related deaths even as the national incidence is on the rise. In addition, it has seen a dramatic influx of patients traveling from the surrounding provinces to seek treatment.

At present, cancer patients have to wait one or two years to undergo surgery at the Karapitiya Teaching Hospital. The hospital’s two oncologists perform between 300 – 500 consultations per day while there is an 8 – 10 week waiting time for urgent surgeries even though 60 operations are conducted per week. The hospital receives 4,500 new cancer patients every year.

More needs to be done and Trail SL 2016 looks forward to all its donors and supporters being actively associated with them until the hospital is built and opened for public use. The word needs to be spread so that the targeted funds are raised.

“We believe that all of you will be a part of this until we build the hospital and hand it over to the public,” said Nathan Sivagananathan.

“The goodwill created among people of all walks of life needs to be nurtured so that peace will continue to prevail and be the momentum for a united country,” SarindaUnamboowe added. “Humanity should prevail.”
To all who joined and helped in making the walk a memorable one, Trail SL 2016 says Thank You! The TrailSL 2016 website will be kept open for everyone to continue to be engaged and for the donations of those who may not have yet had the opportunity of giving.

Share more of your #trailasone stories on your favourite social media, be it Facebook, Twitter, Instagram, YouTube or Snapchat and let the world know that we are all human beings who care for each other above all else.

As former Captain of the Sri Lanka National Cricket team and Brand Ambassador MahelaJayawardena said, “Cancer is not a death sentence and if we have more facilities we could save a lot more lives.”

All funds are 100% return on giving and every penny goes directly into building of the Trail Karapitiya Cancer Hospital. Bearing the reputation of being a genuine project spearheaded by two individuals with no corporate label to it, the Trail fundraising model is designed to ensure that whatever the activity may be – be it fundraising, an event or the walk itself, it is always a collective effort – each fundraiser, donor and sponsor, along with the doctors and experts of the hospital, and the Government of Sri Lanka will help see this dream fulfilled. The organizers reiterate that it is still not too late for anyone to join the cause. Members of the public can donate to Trail 2016 via Dialog SMS, Star Points, eZ cash, MobitelMcash or through the official website www.trailsl.com It is also possible to make a direct deposit to Colours of Courage Trust (Guarantee) Limited, Account Number 00301049171, Hatton National Bank (SWIFT CODE – HBLILKLX).

Further, the following mechanisms could be used for convenient transactions via Dialog Network. For,

SMS – Type
Trail and send to 77100 from any Dialog Postpaid or Prepaid connection. The minimum and maximum donation limits by each SMS is Rs.5/= and Rs.2, 500/= respectively. Amounts exceeding Rs. 2,500/= could be sent by a new SMS. The donated amount will be added to the monthly bill of Post-paid customers and will be deducted from the available balance of Prepaid customers.

eZ Cash
Dial #111#, select Institute Payments, enter your eZ Cash PIN, enter COCT, enter account number 1234, enter amount and confirm.

Star Points
Dial #141*5# and select “Trail” and donate the points.
OR Visit any Dialog Customer Care Center and make your donation. (Dialog Customer Care Centres at Arpico – Hyde Park &Wattala, Keels – Rajagiriya, Thalawathugoda and BIA excluded)
The progress of the walk can be followed at;
www.trailsl.com
facebook.com/TrailSL/
Twitter: @TrailSL / Instagram: @trail_sl / Snapchat: @trailsl

The National Mobile Service Provider, Mobitel recently introduced “Car Doctor” for all vehicle owners which is a smart vehicle tracking device that monitors a vehicles performance and progress while in use.  The introduction of this device is an addition to Mobitel’s diversified product range of Internet-of-Things (IoT) devices that enable customers to be connected from anywhere at any time and enabling them to receive data to increase the convenience of day to day life.

“Car Doctor” is a smart connected device that provides users the services of real time tracking of the vehicle which enables users to be aware of the vehicles location at all times using the smart phone app and also includes driving behaviour monitoring tools. The device also provides mileage statistics of the vehicle which can provide the user updates on useful information such as when the next service is due and also to determine the wastage of the parts of the vehicle and the overall condition as well. The app will also provide fuel consumption statistics to the user which monitors the fuel usage patterns and identifies wastage which can be used to adjust driving patterns accordingly.

“Car Doctor” is an easy to install, plug & play device which users simply need to insert into the OBDII port of the vehicle and set up the same to the “mTrack” smart phone app developed by Mobitel which is available on both Android Play Store and Apple App Store.  The product is available at all Mobitel branches and comes with a 1 year comprehensive warranty from Mobitel and includes a 30 day money back guarantee as an introductory offer.

The inaugural Janashakthi Full Option Appathon – the Next Gen Smart Tech Challenge came to a close with Team ‘While Loop’ emerging winners at the Grand Finale, taking home the grand prize of Rs. One Million. Team ‘Winter Rise’ came close behind as the Runner-up, winning a cash prize of Rs. 200,000, whilst teams ‘Four Loop’, ‘Parallax’ and ‘In-Laws’ were the finalists, taking away cash prizes of Rs. 100,000 each.

Conducted under the theme of ‘solutions to issues caused by traffic’, the Janashakthi Full Option Appathon Challenge reached its grand culmination on the 28th of October at the Park Street Mews in Colombo. The event was graced by Mr. Muhunthan Canagey, Managing Director/Chief Executive Officer of the Information & Communication Technology Agency (ICTA) of Sri Lanka who presided as Chief Guest, while Prof. Gihan Wickramanayake of the University of Colombo – School of Computing was the Guest of Honour.

The Grand Finale of the Janashakthi Full Option Appathon Challenge featured an eminent judging panel comprising industry forerunners Mrs. Alyna Haji Omar, Chief Executive Officer of J. Walter Thompson Sri Lanka, Dr. Harsha Subasingha, Chief Executive Officer of CodeGen, Mr. Ahmed Irfan, Founder of Innovation Quotient and Mr. Ehantha Sirisena, Chief Executive Officer/Managing Director of OMAK Technologies (Pvt.) Ltd who adjudged the five presentations and app demonstrations made by the finalists at the event.

The winning solution by Team ‘While Loop’ featured a carpooling system called ‘Take Me There’ that went above and beyond the norm of the general concept of carpooling, and was therefore adjudged the most effective solution presented in line with the theme of the competition.

Sharing their thoughts on the win, team members Sajini Shanilka Koongahawatta, Sulochana A. Kodituwakku, W. M. Umesh Prabushitha Jayasinghe and S. G. H. Liyanage, undergraduates of a reputed university said, “’Take Me There’ is an application designed by our team to help avoid the single usage of vehicles as a means of reducing traffic. What is unique about our app-based solution is that it is not simply a carpooling system, but is inclusive of tech-based value additions that are beneficial to both the users and the environment. We are extremely grateful to Janashakthi for empowering us and providing us with the ideal platform to showcase our innovative and tech skills in providing solutions to issues that affect the general public.”

“Our heartiest congratulations to Team ‘While Loop’ for emerging winners at the inaugural Janashakthi Full Option Appathon Challenge. As a leading Insurance provider in Sri Lanka that strives to offer inventive solutions to our customers at all times, we believe that innovation is fundamental for the progress of our organisation and our nation as a whole. This initiative was therefore conceptualised and rolled out with the aim of creating a more perceptive generation of solution-seeking, technologically-driven young minds for the future. We will continue in our efforts to help Sri Lankan youth discover their limitless potential in combining innovation and technology through an extension of this initiative in the year ahead,” said Jude Fernando, Chief Executive Officer of Janashakthi General Insurance Limited.

Powered by the world-renowned Google Developers Group (GDG), the ‘Janashakthi Full Option Appathon Challenge’ witnessed teams progress through various phases of the competition with guidance and mentorship provided by industry experts to help bring their ideas to fruition.

Janashakthi Insurance PLC, founded in 1994, made its mark in the industry as an innovator and household name over a span of two decades. As an organisation that thrives to deliver excellence in Customer Service by addressing the Insurance needs of its customer base, Janashakthi has an island wide branch network of 109 branches, a 24-hour call centre and around the clock assessor service. Today, the Company stands strong as a leader in Motor, Non-Motor and Life Insurance services, and with its recent acquisition of AIA General Insurance Lanka Limited, continues resolutely on its vision of lighting the lamp of Insurance in every home and work place.

Deepavali, or the Hindu festival of lights, as it is also commonly known, is a time when you fix up and decorate your home, buy new clothes for yourself and your family and take part in festivities with your community. Embodying the triumph of light over dark, Deepavali is the celebration of Lakshmi, the goddess of wealth, fortune and prosperity. And, prior to celebrating Deepavali, Hindus the world over get ready for future prosperity by aligning all their actions to receive it, which has a deeper meaning not only for Hindus but for everyone. If you want to be successful, be ready for that success.

Additionally, it is precisely during occasions like the colourful and festive Deepavali that expert financial planner NDB Wealth recommends that far-thinking individuals, no matter what they believe in, think about how they can achieve financial independence, which for many can mean the difference between a safe and secure future, or having to worry should emergency medical expenditures arise.

To get you started, the financial planners at NDB Wealth suggest the following, six-point plan to help manage your money more effectively: 1. Set a strict budget; 2. Regularly review finances to identify any wasted money; 3. Look at cutting unnecessary spending and luxuries; 4. Maintain a record of actual spending to compare against the budget; 5. Reconcile bank and credit card statements against spending records; and 6. Devise a savings plan, even if the amount is only a small amount a month.

“You can take action and alleviate your worries by periodically keeping a close eye on spending and creditworthiness. This can be done in a number of ways, with several apps, calculators, spreadsheets, etc. available online, to assist you in managing finances. In fact, NDB Wealth offers its own online financial utility, ‘The NDB Wealth Planner’, available on www.ndbwealth.com, which can prove very useful for your future financial planning,” comments Ms. Christina Wesley, Financial Advisor with NDB Wealth.

At the same time, NDB Wealth also offers a number of really simple, introductory products such as “Money Market Funds” to help you plan better and facilitate a relatively easy entry into the world of wealth management. These allow you to maximize your savings and income beyond the limitations of traditional banking, by initiating clients into high performance instruments such as money market funds. For instance, NDB Wealth’s money market funds offer safety, anytime withdrawal and high rates of return in comparison to traditional savings accounts. Another benefit of NDB Wealth’s Money Market accounts is that earnings are credited to your account daily.

So, “It’s Time” to truly light up your life this Deepavali, and finally achieve true financial independence, ensuring a prosperous and happy future.

Wheelchair tennis in Sri Lanka has received a boost following the development of two international standard hard surface courts at the Sri Lanka Tennis Association (SLTA) by Colombo International Container Terminals (CICT) the full-time principal sponsor of the sport.

The two courts, completely refurbished to international match specifications with funds provided by CICT, were formally commissioned recently at a ceremony attended by representatives of CICT, the SLTA, the Sri Lanka Army and players.

“Supporting wheelchair tennis is part of our extensive corporate social responsibility commitment to Sri Lanka, and we are pleased to see part of the funds we provide being used to develop two courts for disabled players,” CICT CEO Mr Ray Ren said. “CICT’s support to the SLTA’s wheelchair tennis programme is now in its second year, and we have seen tangible results as a result of it.”

Pictured here are scenes from the opening of the two re-surfaced courts at the SLTA for the use of wheelchair tennis players.

Hameedia, the leading menswear specialist in Sri Lanka once again was recognized for service excellence at the recently concluded SLIM NASCO 2016 Awards. This is the 3rd consecutive time that Hameedia has been awarded this prestigious award, making it a hat trick for the company. With its team members winning a total of five national awards Hameedia added another significant accolade to their already well-established standing as a retail pioneer.

SLIM Nasco is a premier event in Sri Lanka that recognizes sales excellence, rewarding and motivating sales professionals to achieve greater heights. Their prime objective remains to raise the standards of sales professionalism in Sri Lanka and this prestigious event was held for the 8th consecutive year.

Commenting on emerging a winner at 2016 NACSO awards once again, Fouzul Hameed – Managing Director, Hameedia had this to say, “We are indeed delighted to see so many of our team members being recognized for delivering excellent service standards and it is an honour to continue this winning streak three years in a row. We take great pride in what we do and our commitment to service excellence has seen us setting a new benchmark in the retail fashion industry. Exceptional customer service remains an integral part of our ethos throughout our company. Our team remains dedicated to delivering quality customer service on par with international retail experience and this is what we offer our valued customers. We have once again been recognized for our endeavours and this indeed spells success to us.”

Competing under the categories of Territory Manager, supervisor and front liner, Hameedia along with signature team members were seen walking away with silver and bronze awards in their respective categories. Shalika Prageeth Premarathna, bagged a Silver award for Territory Manager category whilst N.Dhanushka.Welagedara and Mohomad Ikram walked away with Silver and Bronze awards under the supervisor category. Chamath Silva and Viraj Balasooriya also walked away with Silver and Bronze in the front liner category.

Hameedia has always been on the forefront of improving their quality of service and the awards now bespeaks of their work ethics, and assertiveness towards improving the standards of Fashion and Retail clothing in Sri Lanka. Since its inception back in 1949 Hameedia has cemented its place as the preferred menswear specialist in Sri Lanka. Renowned for offering high quality custom tailoring and ready-made clothes for men, the Hameedia multi-brand retail stores house a collection of quality menswear brands including, Le Bond, Envoy,FH and Signature and affiliations with other well renown international brand such as Van Heusen, Lee, Raymond, Addidas and many more. Hameedia, synonymous with class and style, has been loyally serving the Sri Lankan fashion conscious gentlemen for decades and their fashion forward ethos and commitment to excellence have always made them stand out as the most sought after menswear specialist in the country. Their team consists of 1,000 employees and has a network of over 30 outlets across Sri Lanka.

Being the pioneer in the Social and Digital media in banking and finance sphere in Sri Lanka, Seylan Bank’s notable digital presence has been acknowledged and rewarded at many local and global awards. This year too adding on to its awards portfolio Seylan bank was rewarded with two gold and two merit awards by CMO ASIA for Social Media and Digital Marketing Excellence Awards held in Singapore recently.

Seylan Bank’s social customer service lines won Gold at the Awards for its innovative approach to digitally assisted customer support through social/online channels such as Facebook messenger which is a 24×7 messaging platform for queries, WhatsApp hotline 0772008888, Seylan website www.seylan.lk online chat service which is available to obtain real time and automated responses, attended by personal agents and staff.

The Bank’s Facebook page won Gold for Best Use of Facebook. The Banks FB page has been number one in terms of engagement keeping the momentum growing as the ‘Most Socially Engaging Bank’ in Sri Lanka. The Facebook page of the bank which is www.facebook.com/SeylanBank focuses on six pillars such as Engaging and interesting content, Interactive apps and gamification, Information on products and services, Special promotions and Real time interactions with Fans. The page counts at 476,000 plus fans with social media presence on other relevant social media channels such as Instagram, Twitter, LinkedIn and snapchat.

The Bank also received Certificates of Merit for Best Website and Best use of Social Media in Marketing. The recently re-launched Seylan Bank website www.seylan.lk now has a wide array of features to cater to the convenience of their customers such as online calculators, online real time chat, gift calculators to find out what your next gift would be when you save in Seylan Tikiri and open accounts online and many more information to make sure all visitors to the website are updated and engaged with the Bank’s products and services.

Tilan Wijeyesekera – Deputy General Manager Marketing and Personal Banking stated “We are pleased to receive this recognition of engaging with our stakeholders with our teams sustained efforts to innovate and stay relevant to our digital community and customer’s needs. We will also continue to strive to improve and enhance our channels to add value to our customers whilst our real reward is the knowledge that we continue to increase the convenience of their banking activities.”

Dinesh Jebamani – Chief Manager Liability products and new age media stated, “We are happy to win these accolades and be recognized for all the effort made by our team of staff and collaborative partners Loops Solutions for social media , E-Futures for our website and contact centre that’s provides our chat support Scicom Lanka (Private) limited. We will continue to evolve in this space and provide innovative solutions and engagement to our online community.”

While setting standards in the social and digital field of Banking and Finance in Sri Lanka, Seylan Bank has always been able to remain number one by providing innovative experiences to their customers and built an engaged community in social media. To date Seylan counts over 20 awards received for excellence in social and digital media marketing and strives to grow further to deliver complete solutions to their customers.

Hayleys Eco Solutions has introduced the ‘Dreams’ mattress range which promises a peaceful night’s sleep for infants. Made of natural coir fibre, this revolutionary new mattress offers perfect ventilation with maximum air flow which helps air circulate well inside the mattress and maintain a relatively cool sleeping temperature. The Dreams mattress range uses a design that incorporates natural cotton padding layers and 100% quilted cotton fabric covers. Due to these factors the baby will not get as warm as it would on a synthetic mattress and therefore the risk of heat rashes may be greatly minimised. This is the safest and most natural mattress for infants and toddlers in the market.

Sleep continues to play a critical role in the development of a growing child. According to various sleep studies, a two year-old child will have spent more time sleeping than awake, and on average 40% of childhood is spent asleep. Considering how important sleep is for children, impacting both mental and physical development, a safe healthy sleep environment is vital. Most conventional kids’ mattresses contain chemicals like flame-retardants, formaldehyde and Volatile Organic Compounds (VOC) that have been linked to allergies, asthma, hormone problems, autism and even cancer.

The product features of Dreams, along with its added focus on enhanced airflow may minimize some of the risk factors associated with Sudden Infant Death Syndrome (SIDS). Sudden Infant Death Syndrome is a risk that can occur during an infant’s sleep. According to scientific research an infant’s sleeping environment is directly connected with such risks. Experts advise parents to take a series of cautionary steps to reduce the risk of SIDS including steps such as providing a firm sleep surface and ensuring that the infants sleep on a cool surface with sufficient internal air flow. Dreams mattress range provides a firm surface with ample airflow within the mattress to create a cool sleeping environment, greatly decreasing infants’ risk of re-breathing carbon dioxide. The’ Dreams’ mattresses require no maintenance due to its unique design using chemical free natural raw materials.

Hayleys Eco Solutions has been a market leader in manufacturing and exporting world renowned eco friendly coir products such as coco fibre, coir twine, flock and needled felt, geo blankets, geo textiles and geo logs for over 100 years.

John Keells X, an open innovation challenge conceptualized by John Keells Holdings PLC (JKH), announced the winners of its first Open Innovation Challenge on Wednesday, 2 November at the Atrium, Cinnamon Grand. The winning team, Jendo received a Rs 2 Million cash prize while the runner up, Markify received Rs 1 Million. These winners received the reward with no strings attached.

Co-founded by Keerthi Kodithuwakku, Isuru Rajakaruna and Charith Vithanage, Jendo will provide new technology to monitor peripheral cardiovascular systems with research conducted under the supervision of senior medical professors. Runner up Markify, a voice controlled, SaaS analytics platform with data ingestion capabilities is spearheaded by Sohan Dharmaraja.

The four month Open Innovation Challenge was launched in June 2016 by JKH to encourage innovators with imagination and a strong design ethic to take the next step in making a pipeline idea a reality. Via the competition, John Keells X called for individuals and teams to submit applications online. 148 applications were shortlisted to 10, followed by an Open Day where the teams were formally inducted to the competition. The ten teams were given a development window of 60 days; during this time, they were also given the opportunity to meet and interact with their peers and to network with JKH leadership through a series of events.

John Keells X welcomed any idea that was both innovative and disruptive. The shortlisted applicants submitted minimum viable products or commercially launched businesses that were being further developed. Some ideas reimagined an existing model in a more efficient or useful format whilst some devised new solutions to meet a prevailing gap in the market.

Mr. Susantha Ratnayake, Chairman of John Keells Holdings PLC commenting on the Open Innovation Challenge said, “I would like to congratulate the winners and finalists of the inaugural John Keells X Open Innovation Challenge, and I thank all 148 teams that applied from Sri Lanka and overseas, for their enthusiastic participation in the program.” Mr. Ratnayake further commented, “The JKH leadership is also encouraged by the pool of young entrepreneurial talent we witnessed during the four month engagement with John Keells X, and we look forward to continuing to support the Sri Lankan start-up eco system, by incentivizing and investing in the talented young entrepreneurs in the country.”

The demo was judged by a panel comprising of Dr Hans Wijesuriya, Group CEO – Dialog Axiata PLC, and Jonathan Alles, Managing Director and CEO of Hatton National Bank PLC alongside Ajit Gunewardene, Deputy Chairman, Ronnie Peiris, Group Finance Director, Krishan Balendra, President (Leisure Sector), Gihan Cooray, President (Corporate Finance & Retail Sector), and Ramesh Shanmuganathan, Group CIO/Executive Vice President from John Keells Holdings PLC.

The John Keells X Open Innovation Challenge is part of a digitization initiative by John Keells Holdings PLC, spearheaded by Chairman Susantha Ratnayake in a bid to create a conducive ecosystem in order for young entrepreneurs to thrive whilst encouraging businesses at JKH to engage in open innovation. The John Keells X open innovation challenge partnered with SLASSCOM, ICTA, Ceylon Chamber of Commerce.

Caption (from left): Janith Priyankara (Jendo), Dulara De Zoysa (Jendo), Udula Selakara (Jendo), Gihan Cooray (President of Corporate Finance & Retail Sector, JKH), Susantha Ratnayake (Chairman, JKH), Ronnie Peiris (Group Finance Director, JKH), Vinod Samarawickrama (Jendo’s 1st Angel Investor), Keerthi Kodithuwakku (Jendo), Dr Hans Wijesuriya (Group CEO – Dialog Axiata), Ajit Gunewardene (Deputy Chairman, JKH) and Krishan Balendra (President of Leisure Sector, JKH)

Finalists with the Executive Board members of John Keells Holdings PLC

Dusit Thani Sri Lanka, Beachfront Balapitiya appoints Declan McNaughton as new Chief Executive Officer for Sri Lanka’s one & only beach front, luxury, high-rise, investment apartments available to foreign investors.

Declan brings to Dusit Thani Sri Lanka a wealth of global real estate industry experience spanning over 18 years, with unmatched experience particularly in promoting high-end developments and brands such as the Dubai Pearl, Anantara Residences among several other mixed-use high-end 5-star properties. Declan joins Dusit Thani Sri Lanka from Chestertons International, UAE where he sat as the Managing Director.

The Beachfront – sold as high-rise investment apartments, offer 485 designer fitted, beach and ocean-view apartments, priced from just US$244,000 (plus taxes). Investors receive a freehold title, guaranteed returns of 6% nett for five [05] years per annum, paid quarterly in US$, the potential of approximately 30% in capital gains in two [02] years and no on-going costs. Additionally, apartment owners also receive a 21-day free stay per annum.

“Dusit Thani Sri Lanka is geared for immense success both due to its unique investment opportunity as well as the international standard of 5-star luxury associated with the Dusit Thani name. Declan has an incredible track record and a keen insight into the global real estate markets, particularly in the UAE and Asia. With Declan at the helm of our project, we will be met with unmatched success,” commented Director, Indola Group – Paul Dwyer.

“With success of the ‘Investment Apartment’ business model seen in the UAE, Australia and Thailand, The Beachfront is gaining in popularity as it offers both a financial and lifestyle investment opportunity. With Sri Lanka’s boom in tourism, coupled with the advances in infrastructure – The Beachfront will become Sri Lanka’s next ‘go-to’ destination. With construction scheduled to begin on phase one [01] at the beginning of 2017, Declan joining us couldn’t have come at a better time. His expertise and insight are undoubtedly going to push the boundaries of innovation in real estate sales to the next level, in Sri Lanka,” concluded Director, Indola Group – Ajit Wijesinghe.

“I am pleased and honoured to be part of Dusit Thani Sri Lanka. With its paramount global reach and success in sales thus far, this project is one that will change the landscape of real estate in Sri Lanka. Having analysed the immense potential for growth in this region, I am excited to be associated with an organisation that will not only commit to pursue this potential but also contribute to a nation’s economic and investment growth,” said newly appointed CEO, Dusit Thani Sri Lanka – Declan McNaughton.

With having recently made available a limited release of 40 out of 121 apartments (in stage 1 only), Dusit Thani Sri Lanka have sold an outstanding 80%. The property will be erected in three [03] stages, with the addition of a promenade featuring 15 international restaurants, bars & cafes, a spa, 2500sqm convention centre, tennis court, multi-faith chapel and gymnasium.

Photo – Declan McNaughton, CEO, Dusit Thani Sri Lanka.

Rewarding customers with exciting offers

Friday, 04th November 2016, Colombo; One of Sri Lanka’s premier fashion stores Cotton Collection has launched its loyalty card to reward customers in the upcoming shopping season with redeemable loyalty points, exclusive promotions and amazing discounts.

Offered in collaboration with Dialog Star Points, which is the first and only mobile-based loyalty network in the country, the card will offer shoppers a chance to collect Star Points for all purchases made at Cotton Collection outlets, and redeem them through future purchases.

The launch was a weekend of celebration with exciting offers, discounts and many interactive activities engaging customers throughout the launch weekend. Anyone who registered to the loyalty program of Cotton Collection was given the opportunity to enjoy a whopping discount of 20% during the weekend. This also ensured that the collaboration between Cotton Collection & Dialog will avail various opportunities to offer continuous benefits to customers throughout the year.

The key stakeholders of Cotton Collection and Dialog Axiata PLC took part in the launch event held on 4th November at Cotton Collection’s flagship store at Dharmapala Mawatha Colombo 07. Representing Cotton Collection its Managing Director Niloufer Esufally Anverally, Head of Operations Suresh Sebastian and Head of Marketing Michelle Rathnasothy, Dialog was represented by Sandra De Zoysa – Group Chief Customer Officer, Group Service Delivery, Asanga Priyadarshana – Head of Business – Mobile Telecommunications Dialog, Chinthana Jayasekara -Head of Group Business Development, Dialog, took part in the event.

Commenting on the loyalty card, Cotton Collection Managing Director Niloufer Esufally Anverally said, “Our customers are the foundation upon which we have built our business over the years. Therefore, we wanted to reward them for their loyalty and faith in us with this loyalty card. We hope to add more benefits to the card in the future and ensure that we provide the best value for money to our customers through cross brand offerings & joint promotions with the strong collaboration we now have with Dialog.”

Cotton Collection is one of Sri Lanka’s leading retail fashion brands and is synonymous with quality, style and range of fashion. The fashion store includes everything from women’s and men’s ready-to-wear, kids clothing, accessories, shoes, jewellery, and designer wear. The flagship store located in Colombo is famous for its youthful feel, central location and an awesome array of fashion with colorful patterns, making it arguably the best fashion retail store in the city.

Photo – Presenting the first loyalty card to one of the top customer at Cotton Collection – (Left to right) Michelle Ratnasothy – Head of Marketing Cotton Collection, Suresh Sebastian – Head of Operations Cotton Collection, Sandra De Zoysa – Group Chief Customer Officer, Group Service Delivery Dialog Axiata, Niloufer Anverally – Managing Director Cotton Collection, Upeksha Withana, Asanga Priyadarshana – Head of Business – Mobile Telecommunications – Dialog, Chinthana Jayasekara -Head of Group Business Development Dialog.

(From Left) Sandra De Zoysa – Group Chief Customer Officer, Group Service Delivery Dialog Axiata and Niloufer Anverally – Managing Director CC

Germany’s most innovative premium kitchen brand is finally in Sri Lanka. LEICHT Kitchens Germany recently signed a memorandum appointing Centrepoint Homes as the sole authorized agents for their premium range of kitchens in Sri Lanka.

For more than 80 years LEICHT Germany has been causing a stir with design innovation with their premium kitchens. The winner of numerous global awards in the past 5 years for innovative design, LEICHT is well known for combining quality material with brilliant color architecture and light. Many trend-setting developments for the whole kitchen industry originated at LEICHT, such as the grid system of shelving.

LEICHT offers a huge range of contemporary kitchens in many finishes, textures and colors, and varying budgets allowing architects and developers ideal choice to suite their new developments or upgrades. LEICHT can
also undertake projects of any scale, with many completed projects to their credit all over the globe.

LEICHT is a highly modern industrial manufacturer, producing some 280,000 kitchens a year from two plants in Southern Germany. Every LEICHT kitchen is made for each customer, based on individual requirements rather than mass-market flat packs.

“We develop exclusive kitchens oriented to the market and to our customers’ desires. Lovers of beautifully designed kitchens can surpass themselves with LEICHT kitchens as there are no limits when it comes to individual kitchen planning”, said Mr. Harald Blessing Export Director LEICHT kitchens Germany.

“Centrepoint Homes is proud to be a leader in the Home Interior solutions business for over a decade. The collaboration with LEICHT Kitchens Germany will enhance our ability to broaden the product offering to our customers, who will appreciate the design ,quality and value of such a globally acclaimed brand”, stated Mr. Rajeeve Kulatunge CEO of Centrepoint Homes.

Centrepoint Homes is a fully owned subsidiary of Fairway Holdings, one of the most diversified business conglomerates in Sri Lanka.

One of Sri Lanka’s leading providers of enterprise solutions for the Asia Pacific Region, Duo Software (Pvt) Ltd., has been awarded ‘Gold Award’ under the ‘Communications Applications’ category at the National Best Quality Software Awards 2016 (NBQSA) held recently, whilst receiving two ‘Merit Awards’ under the categories of ‘Research & Development’ and ‘Tools & Infrastructure Applications’.

NBQSA an annual event, held over the past 18 years to provide recognition to individuals and organizations who have contributed for the development of ICT industry in Sri Lanka is organized by the Sri Lanka section of BCS – The Chartered Institute for IT. The acknowledgement received by the NBQSA is considered as the ‘Seal of Excellence’ which enables local ICT products to gain recognition in the International arena.

FaceTone, one of Duo Software’s core products received the gold award. Developed as a communication and Collaboration platform, FaceTone provides users the capability of operating and running a contact center and customer service operations efficiently while saving costs and maximizing revenue opportunities. FaceTone turns mountains of data such as total number of calls, calls on queue, active calls, dropped calls and answered calls into actionable insights which will give real-time pulse of the call center operations. FaceTone is integrated with various social media platforms, supporting businesses to be informed on customer behavioral on social media and develop online presence to increase customer loyalty. With FaceTone, the user can create, manage and monitor call center operations from any mobile device, allowing to serve the customers more effectively and efficiently. No matter the size of the business, FaceTone is engineered by including variety of tools in one single platform, allowing users to customize. FaceTone also has been nominated for Asia Pacific ICT Alliance Awards (APICTA Awards) which is to be held in December in Taiwan for the 16th consecutive year where more than 17 member nations competing for over 200 products and services.

‘SmoothFlow’, which won the merit award is a cloud based code development and workflow executor designing tool, requires minimum knowledge on programming whilst ‘DigIn’, which received the second merit award, is a cloud based end-to-end analytics platform which allows the users to visualize the structured and unstructured data in one place.

Commenting on the achievement, Founder & Chief Architect – Duo Software, Muhunthan Canagey stated: “We are extremely delighted that Duo Software has been presented gold and merit awards at NBQSA 2016 for FaceTone, SmoothFlow and DigIn for its innovativeness and the proven technology. Hence, we believe that our organization has a vital role to play in digging into customer desires and provide greater solutions where the quality is highly considered. I would like to extend my sincere appreciation to the organizers of NBQSA for having created a platform to recognize outstanding achievements of individuals and organizations in Sri Lanka, providing them an opportunity to develop themselves for a better service to the customers.”

The company was awarded Gold also in the year 2012 at NBQSA for, DuoSubscribe v.5 under ‘Infrastructure Tools & Apps’ category whilst winning the overall ‘Silver’ award.

Incorporated in 2004, Duo Software (Pvt) Ltd., marks a global presence in developing products for the subscription based industry. It provides solutions for customer life cycle management, subscriber management, customer care, billing, business intelligence, and contact center management with a competitive advantage in terms of efficiency, cost reduction, revenue optimization and continuous value addition to the customers. The extensive knowledge on the industry, cutting edge technology utilized and the technical expertise acquired along the years, Duo Software is exceptionally capable of meeting the complex and rigorous demands of businesses around the world.

Picture Captions
Pic #1 – Chandana Wijesuriya, Senior Project Manager of FaceTone receiving the Gold Award under “Communications Applications” category
Pic#2 – Sinnathurai Sajeetharan, Associate Team Lead – Software Engineering receiving the Merit Award for DigIn under “Tools & Infrastructure Applications” category
Pic#3 – Shehan Tissera, Senior Software Engineer receiving the Merit Award for SmoothFlow under “Research & Development” category

Electro Metal Pressings (Pvt) Ltd (EMP), Sri Lanka’s industry leading electro mechanical engineering solutions provider has signed an agreement with LSIS Co. Ltd., a global leader in the field of power solutions, for knowledge transfer and technological collaboration to locally manufacture Medium Voltage (MV) panel boards.

EMP, a company that has demonstrated progressive growth during the past decade of operation, is trailblazing ahead in the industry by leveraging on timely investment in state-of-the-art technology. Operating from an ultramodern facility located at Templeburg Industrial Estate, Panagoda, the company was the first to introduce CNC machines in the history of metal pressings in Sri Lanka, followed by a Research & Development unit focused on transforming the industry. EMP has already ventured into a mutually beneficial partnership with LSIS for Low Voltage (LV) products, and is now building on this brand identity by expanding the partnership to sign the agreement covering the manufacture of MV panel boards.

Headquartered in Korea, LSIS, formerly operating as LG Industrial Systems, is a local pioneer in the field of power solutions, and is today a global super power with over three decades of accumulated knowledge and experience in the industry. The company develops, produces and supplies a whole range of products and equipment related to power transmission and distribution, with a year-on-year sales increase of 30-40% across the global market. LSIS is now investing in ‘Smart Energy’, and was the first company in the world to develop a hybrid superconducting fault current limiter.
“We are partnering with LSIS knowing fully well the company’s focus on creating next-generation technologies,” Mr. Diyunuge stated. “With their R&D capacity to explore innovative products, we believe EMP’s partnership with LSIS will greatly strengthen our product and service offering across the region, along with added brand value and recognition.”
EMP specializes in the design and fabrication of LV & MV panel boards for all types of projects ranging from residential to commercial, from factory premises to mega constructions, adhering to the latest international standards. Leveraging on this strategic partnership with LSIS, EMP now uses LSIS switchgear to manufacture MV Panel Boards locally, another first in Sri Lanka. Prior to EMP’s initiative, there were no dedicated manufacturers of MV panel boards in Sri Lanka, with the country relying on imports to curb the requirements.

Through this partnership, EMP’s highly qualified and experienced engineering team will be gaining additional knowledge to up-skill themselves in the ever-evolving industry, to keep up with today’s rapid pace of innovation. LSIS will be providing specific customized training to the EMP staff, transferring knowledge and competencies as per the agreement.
“We have come to understand our formidable strength across the region as a high quality brand, and we are aggressively expanding to cater to the demands of our growing customer base,” Mr. Thenuwara commented. “Now we can explore the potential of foreign markets by introducing EMP branded MV products and we are discovering limitless possibilities with our own market reach.”

EMP demonstrated their capabilities and product portfolio at the Techno 2016, the national engineering and technology exhibition held early October, and introduced these novel bleeding-edge technologies to industry stakeholders in a joint effort with LSIS representatives, Mr. H.S. Lee (Senior Manager – Technical Coordination Team – Power Distribution Business Group), Mr.C.W. Kim (Assistant – Technical Coordination Team) from Korea. The LSIS representative then went on to deliver a technical session at the Techno 2016 exhibition, sharing informative insights and new knowledge of transformational findings in the industry with all those present.

“We are constantly challenging ourselves, the industry and all stakeholders by introducing new ideas, backed by the latest technologies to realize them,” Mr. Diyunuge said. “This agreement with LSIS is also an investment in strengthening our corporate vision of becoming one of the most reliable and trusted total solutions providers to the engineering
 and construction industry.”

Photo caption: EMP co-founders, Chairman Chandranandana Diyunuge exchanging agreement with S.J. Park (GM- Overseas Sales Dpt. Power Distribution Business Group). EMP Managing Director Suresh Thenuwara, T.S. Song (GM – PM for Manner Project), Global Power Solution 1 Director W. Y. Han and Project Manager J.H. Maeng were also present

Huawei, in keeping with their strategy bounding towards reaching the number one position, the company recently opened their newest ‘Experience Store’ located at 42T, Ground Floor, Liberty Plaza, Colombo 03 promising to bring customers as well as prospective browsers an opportunity to get a look and feel into what Huawei offers in terms of products.

The ceremony included a traditional welcome in the form of a traditional Kandyan dance followed by the lighting of the oil lamp and the traditional boiling of coconut milk where the overflowing milk indicated continuous business success and prosperity in each and every endeavor, for Huawei and to everyone supporting the brand from every angle.

The new Huawei outlet has it all in the name; the Huawei logo at the centre of the store shines through indicating to anyone who peers in that they are definitely in the right place and if someone hopes to find out more about Huawei and their product portfolio with the latest Huawei P9 being set on display among other things for the moment, then customers can approach Huawei customer service assistants at the store and get more advice and help.

You walk in and you can catch a glimpse of the iconic poster picture that is slowly becoming synonymous with us all, Huawei product owner or not, and it is that of the celebrity endorsers of the latest Huawei smartphone, the P9, by famous Hollywood actors Henry Cavill and Scarlett Johansson who are both posing together for a selfie.
The Experience Store gives you not only that but you can get to purchase relevant Huawei mobile phone accessories and also pre-order your preferred smartphone depending on your preferred specifications such as colour.

So, it definitely becomes a plus if you aim to get a feel of the phone before you decide to go ahead and buy it and what other place wouldn’t be better as Huawei because the company itself is also one that aims to achieve the best product and service combined.

Ceylon Biscuits Limited (CBL), the largest fast moving consumer goods (FMCG)conglomeratein the food manufacturing industry in Sri Lanka, was one of the top winners at the recently concluded SLIM National Sales Congress Awards 2016 (NASCO) in the FMCG (Food) category.CBL has participated at NASCO since the inception of the popular awards ceremony and over the years many members of its sales force located across the island have been adjudged winners.

At this year’s competition, CBL’s TissaGunawardane and JanakaGodagedara won gold and silver awards respectively in the Territory Manager of the Year category, while SampathJayawansa, Mohan Wettamuni and W.A.N. Kumara picked up Gold, Silver and Bronze awards respectively in the Sales Supervisor/Executive category. In the Front Liner category, M.M.Rushan walked away with the silver award.

Mr. I. M. Khan, Director/Group General Manager – Sales of CBL said, “On behalf of the group, I applaud these employees for their efforts and dedication towards the company. To showcase such prowess in such an outstandingly competitive environment is testimony once again, to the talent and drive behind the Excellent Force and their dedication to reach the next level. As a marketer and sales personality, it is my belief that finding the right tools and strategies to understand the front liners and accordingly design processes to empower, energize and motivate them become the most important function of today’s sales managers. A sales person could make or break the brand. This is why I call them the ambassadors of the company and the brands they represent. Therefore, it is very important to make sure that the brand has the Best or the highest motivated people in the front line who could make the first impression to the consumer a positive one.”

Speaking about the event, SLIM President for 2016/17, Mr. UpulAdikari commented, “It is absolutely encouraging to see the level of participation during this year’s competition and the level of enthusiasm among participants. This year we mark the record of receiving over 500 entries and I’m sure that the acceptance of SLIM ‘NASCO’ Awards has taken its due position in the sales and marketing fraternity. My heartfelt gratitude to the advisor of SLIM ‘NASCO’ Awards Mr. NandanaWickramage, who has been a tower of strength behind us over many years.”

SLIM NASCO which was introduced 16 years ago has grown in leaps and bounds benchmarking the event as the most sought-after Awards Ceremony held for the sales fraternity. Understanding the vivid changes of the market, the present format of SLIM ‘NASCO’ was designed five years ago to give the front liner and the field of sales management more exposure and an opportunity to be recognized at national level. The evaluation and judgment based national competition recognizes and rewards the outstanding talents in sales at various career levels in many product and service categories. The event also provides an opportunity for high performing individuals to receive a comparison of his or her capabilities against some other person in a similar level of another organization. SLIM ‘NASCO’ Awards has paved the way for many to start working on personal development.

caption : CBL team with the awards from left to right M.M .Rushan,Janaka Godagedara , Tissa Gunawardane ,Sampath Jayawansa ,Mohan Wettamuni and Anil Nishantha Kumara

DFCC Bank’s innovative app, the Vardhana Virtual Wallet, has now been upgraded to extend its use to non DFCC Bank customers as well. This means that anyone with a registered local mobile number, who is a resident of Sri Lanka and above the age of 18 can now avail of the free service by completing a one-time registration at any one of the 137 DFCC branches and service points.

Once registered and upon downloading the app from the Apple iStore or Google Playstore, the individual user can top up funds at selected merchant outlets or receive funds from existing DFCC Vardhana Virtual Wallet users. The app can then be used to purchase goods and services at merchant points or at online stores, pay utility bills, and send and receive money anywhere, anytime.

It also helps users to manage and organise their finances efficiently, as their bank accounts are linked to the app, enabling them to move funds between wallet and account. This enables them to enjoy new levels of financial freedom and flexibility.

DFCC Vardhana Virtual Wallet, the first of its kind in the country’s banking industry, encourages individual users and merchants to move away from the traditional use of physical cash. Almost 90% of the merchants on board were accustomed to accepting physical cash and are now moving to processing their transactions electronically via the DFCC Vardhana Virtual Wallet. The convenience for the merchant is that payment for goods and services are received instantly and it opens up the opportunity to move the funds into a preferred account. All these are offered with no startup cost and with the lowest tariff in the market.

The merchant base is now also expanding into large scale supermarkets, fast food chains, retail clothing chains, online stores, salons, cinemas and many more attractive places will be introduced in the near future, making the DFCC Vardhana Virtual Wallet the most convenient payment method.

Lakshman Silva, Deputy CEO, DFCC Bank, explains, “DFCC Bank has upgraded the Vardhana Virtual Wallet app due to its fast adoption; within three months since its launch it has gathered momentum, attracting a large number of users and merchants and achieved a high transactional value. More significantly, a greater percentage of the app users are based outside of Colombo and the growth is very encouraging in rural areas. This app is revolutionising payments and offering unparalleled convenience to users due to its easy to use functionalities. In keeping with our vision for driving financial inclusion through innovation, we have enhanced user experience even further by updating the app to make it faster and to provide more facilities, along with enabling non DFCC account holders to avail the services. Users can now enjoy the highest wallet limit available in the market per day and transact with ease, free of any cost. The Vardhana Virtual Wallet holds limitless potential and we are committed to adding further value to this product in the months ahead. Non smart phone users can experience the use of this app very soon, cutting across users from varying economic strata. There are exciting times ahead for DFCC Vardhana Virtual Wallet users. The DFCC Vardhana Virtual Wallet is now enabling Sri Lankans more liberal access to digital banking services.”

Photo Caption: Vardhana Virtual Wallet transactions being carried out at various retail outlets

Taking Robotic Process Automation (RPA) and Quality Assurance (QA) practices to the next level, VirtusaPolaris unveiled its latest epicentre for innovation, the Robotic Automation and Innovation Centre, RAICer, at its Sri Lanka Advanced Technology Centre (ATC) in Colombo recently.

The facility was declared opened by Kris Canekeratne, chairman and CEO of VirtusaPolaris.

Located alongside its existing facilities at Orion City, Colombo, RAICer provides a truly millennial working experience for team members with access to cutting edge technology giving them added impetus for innovation and collaboration.

Supporting the needs of the digital age, RAICer’s Enterprise Mobile Lab allows Virtusans to host mobile devices for mobile testing and automation execution. The upgraded dashboards at the facility showcase individual and team progress in a gamified environment in real time. It also includes an elaborate client experience space.