Biz Briefs

SLT rewards outstanding employees

Sri Lanka Telecom (SLT) held the 'Transformers’ awards ceremony recently to reward outstanding employees who contributed towards the company’s performance and transformation during 2013. The awards ceremony at the Cinnamon Grand marked a milestone in felicitating top performers.

Telecommunications and Information Technology Minister Ranjith Siyambalapitiya was the chief guest. Group Chief Executive Officer, SLT, Lalith de Silva, Director, SLT, Kalinga Indatissa, Private Secretary to the Minister, Janath Fernando, management of SLT and subsidiaries and family members of award winners were also present.

French investors keen on Lanka

Investment and trade links between Sri Lanka and France has improved in recent times and several French companies have shown interest in taking part in the ongoing infrastructure development activities in Sri Lanka, Ambassador of France and patron of the Sri Lanka–France Business Council (SLFBC), Jean Paul Monchau told members of the Council at its 10th Annual General Meeting in Colombo recently.

He outlined how Sri Lanka’s growing tourism industry could help promote the country’s trade and investment potential.

BoC turns 75

The Bank of Ceylon (BoC) celebrated 75 years of service in shaping the financial and banking landscape of Sri Lanka on August 1.

Envisioned to lead the Sri Lankan banking sector for another hundred years and more, BoC has touched millions of lives through its commitment to the nation’s economic development.

The seeds of its birth were sown when State Council member George E de Silva spearheaded a demand for the setting up of a State-aided bank.

Abans restructures director board

Abans PLC has restructured its board of director for effective governance and streamlining operations. The board now comprises Chairperson Aban Pestonjee, Managing Director Behman Pestonjee, Directors Rusi Pestonjee, Saroshi Dubash and Independent Non-Executive Directors H. Embuldeniya and S. J. de S. Wijeyeratne.

Structural software from Cominto Technologies

Cominto Technologies (Pvt) Ltd, the local partner for Bentley Systems USA, has introduced the Bentley Structural Software portfolio in Sri Lanka at a competitive price.

Cominto Technologies is a subsidiary of the EWIS Group. Its group company, OST promoted the product earlier.

"The Bentley Structural Software Portfolio provides a comprehensive software for analysis, design, detailing and documentation that could be used for any complex structural project," a company spokesman said.

Mountain bikes on offer

Scan Jumbo Peanuts, a pioneer brand of packeted peanuts, is offering 50 mountain bikes to consumers up to August 20.

"We organised this promotion to reward customers," Brand Manager Gayan Wijethilake said.

One can enter the promotion by sending an empty pack or packs to Scan Products Division, Colombo.

Scan Jumbo Peanuts made to suit the palette of the local customers is available in several pack sizes. They are carefully packed ensuring freshness and cleanliness. Quality peanuts are used in the product, a company spokesman said.

Union Bank opens branch in Medawachchiya

Union Bank opened its 59th branch in Medawachchiya recently.

It was opened by Chief Operating Officer, Union Bank, Nilanth de Silva.

Union Bank's entry to Medawachchiya reiterates the Bank's robust expansion plan to increase branch network. The Medawachchiya branch offers a comprehensive range of financial solutions to support Small and Medium Enterprises (SMEs) and personal banking customers through an unparalleled customer service.

Tharaka Ranwala wins award

Deputy General Manager, Marketing and Business Development, Sampath Bank, Tharaka Ranwala has been awarded the ‘Marketing Professional of the Year’ award at the Global Brands Excellence awards 2014 held parallel to World Brand Congress 2014, in Singapore.

Ranwala, who is a professional banker and a marketing specialist, clinched this award for his pioneering campaigns in the local banking sector surpassing more than 100 professionals from around the world.

He has steered some of the prominent banking initiatives of Sampath bank such as ‘Kalin Cash’, 'Sanhinda Saver’ and the re-launch of their credit card.