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Sampath Bank recently inaugurated the ‘10,000 Trees Campaign’ in collaboration with the Rotary Club of Colombo at the We Oya Estate of Kelani Valley Plantations in Yatiyanthota governed by the Hayleys group of companies. This marks the materialisation of the Bank’s plan to plant a total of 7,500 trees at Hayleys Plantations in a bid to protect the environment and mitigate the effects of climate change, as part of the Rotary Club of Colombo’s ‘10,000 trees campaign’.

The planting ceremony held recently was graced by Nanda Fernando – Managing Director, Sampath Bank PLC, Tharaka Ranwala – Senior Deputy General Manager/Group Marketing, Deposit Mobilization and Digitalization, Sampath Bank PLC, Lalith Weragoda – Group Chief Human Resource Officer, Sampath Bank PLC, Dulsiri Jayasinghe – Assistant General Manager, Sampath Bank PLC and Aroshi Nanayakkara – President, the Rotary Club of Colombo and Non – Executive Director, Sampath Bank PLC. Officials from Kelani Valley Plantations and Sampath Bank were also present.

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Brandix, Official Apparel Solutions Partner for J.P. Morgan Tournament of Champions

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Sysco LABS Sri Lanka hosted the 4th edition of its PerfUp series recently on the theme ‘Improving Business with Performance Engineering’ with the aim of sharing knowledge and increasing general awareness on the facets of Performance Engineering. Initiated last year by Sysco LABS, the series seeks to bring industry professionals together to develop best practices in the Performance Engineering space and beyond.PerfUp #4 examined how Performance Engineering can assist organizations optimize application performance, navigate competition, and retain users.

Speakers for the event were Yoosuf Maktoum, Senior Manager, Quality Engineering from Sysco Corporation and Ranil Weerasinghe, Assistant Director, Software Quality Engineering from Cambio Software Engineering, who shared their expertise.

The speakers addressed how in a post-pandemic world, all technology organizations from start-ups to large enterprises need to embrace digitization for business survival and generate new business. They explained how this has compelled larger organizations to re-evaluate and modernize legacy technology solution to remain ahead of the curve.

The speakers pointed out that as technology evolves and applications multiply, performance engineering plays a vital role in business growth. The successful integration of performance engineering in business will help deliver higher quality, efficient and responsive systems that are capable of leveraging market value and withstanding customer expectations. Sharing his insights, Yoosuf Maktoum, Senior Manager, Quality Engineering from Sysco Corporation said, ‘The success of the product depends on usability and reliability. Enabling performance engineering is challenging, but it is vital to your product’s success. Do not shy away from challenges, strive for precision, and use Performance Engineering to deliver successful solutions.’

CSE trading activities were of a negative nature from last morning due to the current political instability. Besides, the taking of short to medium term loans through Treasury Bills resulted in stock market investors switching to government securities, market analysts said. Last Tuesday the Treasury Bill rate increased significantly. It is said that the three- month weighted average yield rate increased by 32.1 per cent (403 basis points), six- month weighted average yield increased by 31.0 per cent (227 basis points) and one- year weighted average yield increased by 29.9 per cent (176 basis points). This affected the stock market, analysts said.

Amid those developments, shares continued to slip in mid-day trade yesterday after opening over 1-per cent weaker. The main All- Share Price Index slipped 47.4 points.The most liquid index was down 15.1 points. Turnover stood at Rs 625 million with two crossings.The crossings took place in JKH. which crossed 495,000 shares to the tune of Rs 60.4 million, its shares traded at Rs 122 and Galle Face Capital Partners two million shares crossed to the tune of Rs 38 million, its shares traded at Rs 90.

In the retail market, top seven companies that mainly contributed to the turnover were; Expolanka Holdings Rs 105.5 million (614,000 shares traded), Browns Investments Rs 63.8 million (8.7 million shares traded), JKH Rs 63.4 million (519,000 shares traded), Lanka IOC Rs 47.8 million (669,000 shares traded), LOLC Finance Rs 46.4 million (6.6 million shares traded), Kotagala Plantations Rs 15.4 million (3.6 million shares traded), Balangoda Plantations Rs 14.6 million (326,000 shares traded). During the day 44.5 million share volumes changed hands in 10000 transactions.

It is said that significant gains were recorded by Plantations sector counters. Although the tea yield is low, it fetches a big price due to rupee depreciations. Further, with the global economic downturn, it is said that there will be a big demand for Sri Lankan tea, stock market brokers said.Yesterday the US dollar exchange rate announced by the Central Bank was Rs 368.75. The rupee is being controlled and made stable by the Central Bank’s prudent monetary policies, it is believed.

Celebrating gaming as the next frontier of entertainment, SLT-MOBITEL, the National ICT Solutions Provider is delivering its thrilling eSports platform with multiple rewards for everyone.

The SLT-MOBITEL Gaming and eSports Platform https://esports.slt.lk/ is Sri Lanka’s only fully pledged esports portal offered by a telco. The web-based, user-intuitive platform provides gaming enthusiasts access to competitive tournaments, challenges, community and private game servers in addition to eSports content and streamed feeds from among the world’s best influencers.

Taking eSport in the country to another level, now SLT-MOBITEL subscribers and non-customers can both access the platform by selecting prepaid options. Multiple subscription levels are available with varied subscriptions for time intervals and reward standings catering to different Gamer requirements.

The Weekly Gamer is available as a weekly subscription priced at Rs 99. Similarly, the Monthly Gamer and Monthly Streamer packages are on offer for a monthly subscription of Rs 299 and Rs 499 respectively.

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