ITX360 is ‘Great Place to Work’ certified for 2021
Information technology company ITX360 (Pvt.) Ltd. has been awarded the Great Place to Work® 2021 certification in recognition of its positive workplace culture and employee experiences. The independent authority Great Place to Work®️ Sri Lanka honours exceptional organisations every year based solely on employees’ feedback. According to the recent anonymous survey conducted by Great Place to Work® Sri Lanka with over 120 ITX360 employees taking part, the company scored an impressive 95% confidence rating; a score reflective of highly positive employee engagement, alignment with company values, and confidence in leadership. The passionate spirit which drives our workplace culture is based on the simple principle that ‘greater the dream, stronger the team’,” commented ITX360 Founder and Managing Director Saif Yusoof, on the award.
Source:The Nation
August 29, 2021 18:33 UTC
SL ISB yields shoot-up after S&P downgrade
Accordingly, January 2022 maturing ISB with a coupon rate of 5.75%, recorded its yield rate as 45.40% from 24.24%, a week ago. Meanwhile, the yield rate of the ISB that matures in July 2022 increased to 39.28% last week from 31.02%, a week ago. On the other hand, the third ISB which is maturing in 2023 witnessed its yield rate going up to 29.30% from 24.24%, a week ago. The negative outlook reflects our expectation that Sri Lanka’s financing environment may get more difficult over the next 12 months. This would affect Sri Lanka’s ability to service its debt.
Source:The Nation
August 29, 2021 18:33 UTC
SriLankan Airlines resumes flights to Nepal tomorrow
SriLankan Airlines is to resume flights to Kathmandu, Nepal from tomorrow (31) onwards. The flights would be in operation twice a week from Kathmandu to Colombo on Tuesday and Saturday. The departure would be at 10.40 a.m. local time while the arrival is at 2.05 p.m.At the same time, the flights from Colombo to Kathmadu will also be operated on Saturday and Tuesday. They have resmed flight operations to Nairobi, Kenya as well as Moscow, Russia since 30 July this year. SriLankan Airlines was awarded the Diamond Standard for health and safety.
Source:The Nation
August 29, 2021 18:33 UTC
A glorious hope for a more mindful future
This rendition, masterfully brought to life by TheTrinity College Choir and the De Lanerolle Brothers, had behind it a very special message – that of being environmental awareness and mindfulness. Land of Hope and Glory is an undoubtedly patriotic song that evokes appreciation for the glories of your country, regardless of where you’re from. It is time to give back to the land – a land of hope and glory. We had the full support and blessings of Trinity College, Kandy Principal Rev. The Trinity College Choir who formed the mainstay of Land of Hope and Glory, traces its beginnings to 1872, and, for Land of Hope and Glory, was made up of approximately 38 choristers, aged between nine and 19 years.
Source:The Nation
August 29, 2021 18:33 UTC
CSE breaks all time record twice in one week
The CSE, regardless of the prevailing lockdown, began last Monday (23) with a good start, where the now-famous Expolanka Holdings shares reached Rs. The following day, Expolanka shares ended on a red note, paving way for LOLC Holdings to retain the “most valuable listed company” title. Not only did CSE manage to record a good start in a lockdown week, but it also delivered another record-breaking performance on Thursday (26). 146.75 on Thursday, a whopping growth of almost 20% compared to the previous day, while LOLC Holdings’ shares were trading at Rs. Meanwhile, LOLC Holdings share price was Rs.
Source:The Nation
August 29, 2021 18:33 UTC
University Canada West to train CSE executives
The Colombo Stock Exchange (CSE) and University Canada West (UCW) jointly announced the signing of a Memorandum of Understanding (MoU) to formalise collaborative efforts directed at mutual development. Initially, the two organisations will partner in launching an “Executive Programme” conducted by the renowned faculty of UCW. Participants of the programme are encouraged to continue into the MBA programme offered at UCW upon meeting admission requirements. Commenting on the development, CSE CEO Rajeeva Bandaranaike stated: “We are pleased to establish a formal channel of collaboration with UCW through this MoU. As a business and technology-focused university, this partnership will help bring business training and industry-relevant skills to more people.
Source:The Nation
August 29, 2021 18:33 UTC
¼ of pregnancies in SL miscarriages: Study
By Dinitha RathnayakaAt least 24% of pregnancies in Sri Lanka end in miscarriages, according to Rajarata University Faculty of Medicine and Allied Sciences Department of Community Medicine Founder Professor and Chair Prof. Suneth Agampodi. Referencing the results of the study, he further tweeted: “The global evidence synthesis published may be ignoring the global south and could be having glaring methodological issues. Speaking to The Morning about this issue, Prof. Agampodi said: “This is a common issue worldwide. Around 30% of pregnant mothers face this issue. It is common in Asians, and they are more prone to diabetes in pregnancy, and to develop diabetes later in life.”“Women with PCOS are more prone to early miscarriages, bleeding in early pregnancy, or growth restriction of the baby.
Source:The Nation
August 29, 2021 18:00 UTC
U.S. airstrike hits suspected IS suicide bombers targeting Kabul airport
A U.S. drone strike blew up a vehicle carrying “multiple suicide bombers” from Afghanistan’s Islamic State affiliate on Sunday before they could attack the ongoing military evacuation at Kabul’s international airport, American officials said. At around the same time as the drone strike, Afghan police said a rocket hit a neighborhood near the airport, killing a child. The Taliban described the drone strike and the rocket attack as separate incidents, but residents of the Afghan capital heard only one large blast. Two American military officials, who spoke on condition of anonymity to discuss military operations, called the airstrike successful and said the vehicle carried multiple bombers. The U.S. carried out a drone strike elsewhere in the country on Saturday that it said killed two IS members.
Source:The Nation
August 29, 2021 18:00 UTC
Paying politicians properly to perform
And thus, we come back to the point that private sector executives see higher monthly remuneration for their work; at least, above board. For one, in the private sector, someone earning a higher salary is almost automatically expected to deliver more to the bottom line. Another justification for higher salaries is that a higher-paid employee is less likely to try their luck with embezzlement. However, the final justification for higher salaries comes again from the private sector – simply, companies pay more to attract top talent. However, the same crisis makes it difficult for us to actively engage in paying our politicians better.
Source:The Nation
August 29, 2021 17:26 UTC
Veddah village sees Covid-19 outbreak
By Pamodi Waravita44 members of the Dambana Adivasi village, situated close to the Mahiyanganaya town in the Badulla District, have contracted the Covid-19 virus, according to the Veddah Nayake’s Chief Spokesman Uruvarige Wimalaratna Attho. Speaking to The Morning yesterday (29), Wimalaratna Attho confirmed that these 44 members of the Dambana Adivasi village include the Veddah Chief Uruwarige Wannila Aththo’s wife. According to Wimalaratna Attho, the village is populated with about 4,000 Adivasi members, and those over the age of 60 years have received both doses of a Covid-19 vaccine. Those between the ages of 30 and 60 years have mostly received one dose of a Covid-19 vaccine,” he added. The WHO has stated that the Delta (B.1.617.2) variant of the Covid-19 virus is at least two times as transmissible as the original virus.
Source:The Nation
August 29, 2021 16:41 UTC
Delta variant spreading to other Districts: Prof. Manuj Weerasinghe
COLOMBO (News 1st): Professor Manuj Weerasinghe of the Department of Community Medicine at the Colombo Medical Faculty says that there is a risk of the Delta variant spreading to other Districts as well. He said that because it can be seen that the Delta virus spreading rapidly in homes, whole families have become infected. As a result, there is a possibility of a large number of patients being infected in the Western Province on a daily basis. We see an even worse situation now, where the Delta variant is the predominant strain in the Western Province,” he added. Otherwise, the situation in the Western Province, which is already bad, could soon reach other parts of the country,” he stated.
Source:The Nation
August 29, 2021 15:56 UTC
Work to strengthen Louisiana's levees in wake of Katrina will be tested for first time by Ida
Levees are made from compacted soil, whereas floodwalls are erected from man-made materials, usually metal and cement. If forecasted flood levels prove true, floodwaters will rise over levees for the first time since the system was upgraded post-Hurricane Katrina. In 2005, over 50 levees failed throughout New Orleans, leaving 80 percent of the city underwater. However, because water has never made it over the retaining walls before, this erosion-prevention system has never been tested in practice. Water that overtakes the levees would be pumped out by the same water pumps used to divert rainwater that falls within the levee's walls outside of its perimeter.
Source:The Nation
August 29, 2021 14:48 UTC
How Covid Influenced the Evolution of the Art World
Then find out how COVID influenced art and what circumstances this impact has at present. All Truth About COVID -19 and Impact of ArtThe art world is fascinating and gripping. The Consequences of Pandemic for Cultural SectorThe things will not be as they have been before the world pandemic. As for the cultural sector, COVID – 19 has faced numerous difficulties. It beat the art sector incredibly, as Statista confirms.
Source:The Nation
August 29, 2021 13:30 UTC
Grade-II London mews house that was home to Henry Tate's art collection goes on market for £1.8m
A grand mews house that was home to Henry Tate's art collection before he gifted it to the Tate Gallery is on the market for £1.8million. Henry Tate Mews is part of the former mansion in Streatham, south west London, that belonged to the sugar merchant in the late 1800s for 25 years. The house was built in the 1830s and Sir Henry bought it in 1874 and lived in it until his death in 1899, aged 80. Hamish Scott from Hamptons said: 'The house itself was built in the 1830s but Henry Tate bought it in the 1870s. 'So in very unofficial terms this was the Tate Gallery before the gallery opened.
Source:The Nation
August 29, 2021 12:56 UTC
More disposable, single-use plastic products to be banned
August 29, 2021 04:39 pmA Cabinet paper to ban seven more single-use and disposable plastic and polythene products is due to be submitted tomorrow (August 30). The list of products includes plastic straws, spoons, cups, forks, knives, string hopper mats, and garlands made of plastic and polythene. On March 31, the Ministry of Environment took steps to ban five single-use plastic and polythene products, including sachet packets and cotton buds. The Ministry also banned non-degradable lunch sheets from August 01. Ministry pointed out that over 2 billion polythene bags goes into waste in Sri Lanka annually.
Source:The Nation
August 29, 2021 12:00 UTC