ComBank helps Sandasirigama
An underprivileged community of 105 families in Mathugama has been
given new hope by the Commercial Bank of Ceylon which recently completed
several projects to improve the living conditions and aspirations of its
People in Sandasirigama, a model village situated seven kilometres
off Mathugama received assistance to improve livelihoods while their
children received an IT lab, a shrine room and bank accounts with
initial deposits under the Bank's initiative.
"The project, conducted under the Village Development Program funded
by the CSR Trust of the Bank, was aimed at developing infrastructure and
uplift the economy of the village by identifying the best economic
activities for the area," Commercial Bank's Senior Manager - Development
Credit Delakshan Hettiarachchi said. The Mathugama project involved the
provision of loans to 58 villagers at low interest rates with easy
repayment methods to develop their cultivations. Among them were 43 tea
Others were cultivators of betel and pepper for which the soil
condition of the village was found to be perfect.
"Tea cultivation was the main source of income of this village but
since the tea industry faced a crisis in the recent past, cultivators
found it difficult to repay their loans. That is why we encouraged
villagers to try other cultivations," Hettiarachchi said.
The project also involved setting up an IT lab comprising two
computers and a printer for the Galleniya Kanda primary school which is
the only school in the village.
"The new IT lab has attracted more pupils to the school. Earlier
there were only 29 pupils but once the lab was established the number
increased to 44," Hettiarachchi said.
He said a syllabus on IT is to be provided to the school and exams
will be conducted by IDM Computer Studies. "The best performing students
will be given a chance to follow a further course in IT at IDM at the
end of which they will receive valid certificates that will be helpful
in their career prospects," he said.
Commercial Bank also built a shrine room for the school to encourage
children in their religious activities. Forty three children in the
village were presented with Commercial Bank Arunalu accounts with
initial deposits of Rs. 500. These children were given tills to collect
more money that could be deposited into these accounts. "We hope these
activities will inculcate the savings habit," Hettiarachchi said.
The Bank also renovated the prajashalawa of the village, repairing
its roof and installing grills and gates. This Prajashalawa is used for
community meetings, religious purposes and as a nursery.
The Bank also provided chairs and tables for the nursery.
An Eye clinic was conducted with four doctors under this project and
a dental clinic is to be conducted in the future.
Viva, a brand of GlaxoSmithKline Consumer Healthcare - Sri Lanka,
(part of, GlaxoSmithKline PLC.) recently renewed its partnership with
Sri Lanka cricket captain
Viva Brand Ambassador Kumar Sangakkara with GSK Consumer
Healthcare Sri Lanka Managing Director Sachi Thomas
Kumar Sangakkara, at a media conference held in Colombo. Sangakkara
was retained in his role as Viva brand ambassador for the fourth
consecutive year, as his persona and image drive an affinity with Viva,
a malted food drink that embodies energy, stamina and vigour, to suit
the lifestyle needs of active adults who are always on the move.
GSK Consumer Healthcare Sri Lanka Managing Director Sachi Thomas
said: "Viva is a brand synonymous with sports, fun and adventure,
therefore for us, no other personality embodies these values better than
Sri Lankan cricketing hero, Kumar Sangakkara. His continued and ongoing
success on the field, is a symbol of his energy and passion for the game
of cricket and therefore was a natural choice for us. Kumar's iconic
personality and achievements will no doubt help us to better communicate
the brand promise of Viva, that offers energy and a great start to the
Together, Viva and Kumar will continue to energize the Nation."
Viva Brand Ambassador, Kumar Sangakkara, said: "I am very excited at
the opportunity to be a part of Viva that apart from a great taste,
offers me the energy I require for my active life. Viva offers me just
the right nutritional balance that enables me to do more, feel better
and improve my game all the time."
According to GSK, Sangakkara's role as brand ambassador will be
personified by a series of promotional involvements in communicating
with Viva users and Sri Lankan consumers at large, as he distinctly
embodies the dynamism and energy of the brand.
Ambiente Fair, Frankfurt:
Dankotuwa's new duo shape well received
Dankotuwa new DUO shape
Dankotuwa introduced the new DUO shape in white porcelain at the
Ambiente Fair Frankfurt, last month. The new shape was designed by Prof
Wolf Karnagel the famous tableware shape designer of Germany.
Prof Karnagel has designed two other shapes for Dankotuwa earlier and
both have been very popular.
The Ambiente Fair is the most important fair for tableware
manufacturers and this year there appeared to be a slight improvement in
the number of visitors and most were optimistic regarding the future of
the market. The new DUO shape introduced by Dankotuwa with colour
decorations, was well received especially by the German market. The
majority of Dankotuwa's exports go to the European market.
Ceylinco Life home delivers annual bonuses
Ceylinco Life will home deliver Rs 1.39 billion in annual bonus
payments to more than 290,000 policyholders from the surplus generated
by its Life Fund in 2009, the company said this week.
The company said it will deploy its 5,000 strong sales team in a
massive islandwide operation to home deliver bonus certificates to
policyholders whose policies were active as at December 31, 2009.
These deliveries will commence on March 15 and continue till April
This year's bonus payout matches the bonus payout made in respect of
2008, despite the multiple challenges faced by the local insurance
industry in 2009, and demonstrates the financial stability and
resilience of Ceylinco Life, the company's Deputy Chief Executive
Director Thushara Ranasinghe said.
"A substantial bonus payout year on year reflects the company's
continuing momentum. Ceylinco Life has consistently ensured that
policyholders' investments in life insurance yield more than the
promise," he said.
These bonuses are in addition to Ceylinco Life's Avurudu cash bonuses
paid out during the festive season every year.
This year too, such cash bonuses are to be home delivered to
long-standing life policyholders in April.
Privileges for HSBC credit cardholders at Arpico Supercentres
HSBC cardholders are offered special discounts of up to 10 percent on
everyday purchases, home appliances, kitchenware, giftware and furniture
when they shop at Arpico Supercentres from March 1 to April 30.
The promotion also entitles customers to a further 10 percent savings
on Arpico family products including washing and cleaning aids, jams and
sauces, sugar and many other commodities.
"We are pleased to partner with HSBC on this new promotion
initiative, by offering their valued card members a chance to avail
themselves of super deals at Arpico Supercentres", said Richard Pieris
Distributors Ltd Marketing Manager Avanthie De Zoysa, "We've got
exciting deals and activities especially for the Avurudhu season with
our aim being, to ensure that all our shoppers are well rewarded," she
Head of Cards and Consumer Assets Nadeesha Senaratne said, "We
believe in continuously rewarding HSBC cardholders with benefits and
privileges that they deserve in life".
Union Assurance opens in Mannar, Thambuttegama
Union Assurance opened two new branches in Mannar and Thambuttegama.
The Mannar branch is situated at Pallimunai Road, Uppukulam North,
Mannar and the Thambuttegama branch is situated at 319 Rajina Junction,
Union Assurance entered the Northern market in 2002, and was the
first private sector insurer to commence operations in Jaffna and Point
With the opening of the Mannar and Thambuttegama branches, Union
Assurance will further strengthen its position in the North and North
With the opening of the Mannar Branch, Union Assurance covers all
corners of the island.
Marketing and Distribution, General Manager Rukman Weerarathne said
during March they have opened three new branches in three key regions,
and this will be one of the expansion strategies to penetrate the market
and take forward the promise of trust.
"We're looking forward to expanding our branch network in potential
areas of the island," Weerarathne said.
"Union Assurance is proud to have been involved in helping customers
to meet their financial needs for more than 20 years and is committed to
continuously improve our service and facilities," he said.