Biz Briefs

Abans supports warehouse staff children

Abans Welfare Society conducted a CSR project at their Kadolkele warehouse in Seeduwa where over 300 children of the warehouse staff were presented with all their needs for the new school year.

The chief guest was Chairperson, Abans Group, Mrs. Aban Pestonjee. Director Dr. Saroshi Dubash and Mrs. Helen Pestonjee were also present. The event was organised by the General Manager, Abans Warehousing Division, Ajith Jayasinghe with the support of the directors of the Abans Group.

Yal Devi resumes journey to KKS

The North-bound Yal Devi train extended its services to Kankesanthurai (KKS), the last station on the northern line, on January 2. The Sri Lanka Railways resumed train services to Jaffna in October this year after 24 years.

Construction work on the 21km stretch of the Northern line from Jaffna to Kankesanthurai segment was completed in 2014. The main train stations between Jaffna and Kankasanthurai are Kokavil, Kondavil and Chunnakam and there are five sub train stops.

With the resumption of train service to Kankesanthurai, the northern and southern ends of the country are now connected and it is possible to travel from Matara to Kankesanthurai.

The rail line was reconstructed in stages by India Railway Construction International Ltd. (IRCON) with the financial and technical assistance from India.

Compensation for AirAsia victims

Like in any plane crash, the tragedy over AirAsia Flight 8501 now leads to the horrific task of determining how to compensate the families of the victims.In the case of MalaysiaAirlines Flight 370, which went missing in March, families have received some initial payments but final amounts have yet to be settled.

Insurance companies, which typically make the payments, use a range of factors in their calculations.

- BBC