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Boosting businesses with ikman Memberships and Online Membership Platform (OMP)

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August xx, 2023: ikman, the country’s pioneering online marketplace, is bringing better value to members through its innovative concept of ikman Memberships and the newly introduced Online Membership Platform (OMP) Designed to empower businesses and sellers, these memberships come with an array of features and benefits, ensuring a more prominent presence in the online marketplace while driving business growth.

ikman is the local online marketplace with the widest reach, boasting nearly four million unique visitors every month. Established as a household name and recognized as the number-one platform in the country for buying and selling, ikman provides businesses and individuals with the ultimate platform to showcase and promote their products and services.

With a strong network of over 2,500 members, ikman offers sellers the flexibility to choose the right type of membership, tailored to the needs of their product portfolio. Sellers can effortlessly manage their online shops from anywhere, streamlining the selling process.

ikman Memberships unlock a host of advantages for businesses, enabling them to expand their reach and increase sales. These membership packages are specifically designed to provide the essential tools needed to thrive in the competitive online market. Key benefits include:

Post More Ads at a Lower Cost: ikman Members enjoy the privilege of posting more ads at a significantly lower cost per ad, giving them a competitive edge over non-members. Build Trust: Membership status comes with verified seller and member badges, establishing trust and credibility with potential buyers. Free Promotions: Members get access to free promotions, elevating the visibility of their ads and attracting a wider audience. Your Own Virtual Shop on ikman: Members can personalise their online presence with a dedicated virtual shop on the platform, enhancing their brand identity. Automatic Ad Reposting: The platform automatically reposts ads for members, ensuring continuous exposure to potential buyers. Track Buyer Interest: Members can track buyer interest and engagement with their ads, gaining valuable insights into customer behaviour. Enhanced Ad Content: Members can add more images to their ads, making them more captivating and persuasive. Member Badge: A distinctive member badge sets members apart and showcases their commitment to excellence. Supercharged Ad Discovery: Memberships provide greater visibility and priority placement for ads, enhancing the chances of successful transactions.

For even more convenience, ikman offers the Online Membership Platform (OMP), simplifying the process of purchasing and managing memberships online. The OMP provides almost all the benefits of a standard membership, along with added features for seamless online management. Key benefits offered by the OMP include:

Lowest Per Ad Cost: The OMP offers a discounted version of the standard membership, further reducing the cost per ad. Faster and Convenient Enrolment: The OMP streamlines the purchasing and enrolment process, saving valuable time for sellers. Ideal for Heavy Sellers: The OMP is perfect for private sellers who have exceeded their monthly account limits for free ads in specific categories. Your Own Virtual Shop: OMP members get their own virtual shop on ikman, enhancing their online presence. Access to Ad Analytics: Members can access valuable ad analytics to track and optimise their ad performance. Automatic Ad Reposting: The OMP ensures that ads are automatically reposted for consistent visibility. Dedicated Customer Support: OMP members enjoy dedicated customer support to address any queries or concerns promptly. Easy Online Management: The OMP can be conveniently purchased and managed through web and app platforms (Google Play and App Store), offering maximum ease of use.

ikman encourages all businesses and sellers to explore the benefits of ikman Memberships and the Online Membership Platform, as they provide the ultimate competitive advantage in the dynamic online marketplace.

Special Gazette Notification Declares Electricity, Petroleum, and Health Services as Essential

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In a significant development, a special gazette notification has been issued, reaffirming the status of electricity supply and related services, the supply and distribution of petroleum products and fuel, as well as health services as essential services in Sri Lanka.

The announcement was made by Acting Presidential Secretary Chandanie Wijayawardhana on September 17, 2023, in compliance with the directives of President Ranil Wickremesinghe. This decision was enacted under the authority granted to the President by Section 2 of the Essential Public Services Act No. 61 of 1979.

This recent notification follows a prior declaration of these services as essential in a Gazette Extraordinary published on May 17, 2023. President Wickremesinghe had previously issued multiple announcements to this effect, dated August 3, 2022, September 3, 2022, October 4, 2022, January 3, 2023, and February 17, 2023, underscoring the critical nature of these services to the nation.

Sri Lanka’s Money Laundering and Terrorism Financing Risk Rated as “Medium”

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In a recent revelation, Sri Lanka’s overall risk concerning money laundering and terrorism financing has been assessed as “medium” according to the national assessment conducted by the Financial Intelligence Unit of the Central Bank of Sri Lanka (CBSL).

This disclosure emerged as the Financial Intelligence Unit of the Central Bank of Sri Lanka (CBSL) published the sanitized report of the 2021/2022 National Risk Assessment on Money Laundering and Terrorism Financing.

The comprehensive assessment was developed through collaborative efforts between the CBSL’s Financial Intelligence Unit and various stakeholders from both the public and private sectors.

The National Risk Assessment pinpointed several key areas of concern. It identified drug trafficking, bribery, corruption, and customs-related offenses, including the laundering of trade-based proceeds, as the most prevalent predicate offenses, elevating the money laundering threat to a medium-high level.

Fraud, robbery, environmental, and natural resource crimes were noted to have a medium-level money laundering threat. Meanwhile, activities such as human smuggling or trafficking, tax offenses, illegal and unreported fishing, were assessed as having a medium-low money laundering threat, with counterfeiting of currency posing a lower threat.

The assessment extended to evaluating the money laundering risk within financial and designated non-financial businesses and professions. Notably, the Informal Money Remitting sector was identified as having a high risk.

The Real Estate sector, Banking sector, and Finance Companies were deemed to carry a medium-high risk. Money Value Transfer Services Providers, Stockbrokers, Primary Dealers, Casinos, Dealers in Precious Metals and Stones, Notaries, and Lawyers were categorized with a medium-level threat.

In contrast, Accountants, Trust and Company Service Providers, and Insurance service providers were found to have a medium-low-level threat of money laundering.

The Financial Intelligence Unit emphasized the critical importance of strong political commitment in addressing the national Anti-Money Laundering and Counter Financial Terrorism plan. Furthermore, understanding the current risk environment allows stakeholders to allocate resources effectively, particularly to high-risk areas, in order to safeguard the integrity of Sri Lanka’s financial system moving forward.

MP Uddika Premaratne’s Vehicle Targeted in Anuradhapura Shooting

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A group of unknown assailants, arriving in a vehicle, launched a brazen attack on the vehicle of Member of Parliament, Uddika Premaratne, shortly after his return to his residence in Anuradhapura.

Premaratne has managed to escape unharmed from this terrifying ordeal.

Showers or thundershowers may occur in several parts of the island

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Showers or thundershowers may occur at times in Western, Sabaragamuwa and Northern provinces and in Galle, Matara and Puttalam districts. Fairly heavy showers above 50mm are likely at some places.

Showers or thundershowers will occur at several places in Eastern, Uva, Central and North-Central provinces, and in Hambantota district during the evening or night.

General public is kindly requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers. 

INS Nireekshak visits Trincomalee for SLN Diver Training

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Indian Naval Ship ‘Nireekshak’, a highly advanced diving support ship of the Indian Navy, arrived at the port of Trincomalee on 14 September 2023 for facilitating Mixed Gas Diving training for the Sri Lanka Navy.

2.   The ship was warmly welcomed by the Sri Lanka Navy in accordance with naval traditions. Post arrival, Commanding Officer of the Indian Naval ship, Commander Jeetu Singh Chauhan called on Commander of Eastern Naval Area, Rear Admiral PS De Silva. They held cordial discussions on furthering training in diving during the eight-day deployment. Engagements such yoga onboard, interaction with School children and beach cleaning are being undertaken by the personnel onboard. 28th Anniversary Celebration onboard the ship was attended by the Deputy Area  Commander.

3.   Indian Naval Ship ‘Nireekshak’ (A-15) is equipped with two six-man recompression chambers and one three-man diving bell. The ship is fully capable to undertake rescue operations from a submarine in distress and training of saturation divers. The ship had earlier visited Trincomalee in September 2019 and March 2022 for a similar training deployment for SLN divers. Such continued engagement of Indian Naval ships with the Sri Lanka Navy is in keeping with Government of India’s capacity building initiative as part of its ‘Neighborhood First’ policy.

Dr Mary Srikanthi Handy

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Dr Mary Srikanthi Handy was the daughter of the famous Dr George Rajanayagam Handy who was the pioneer cardiologist of Sri Lanka and the founder president of the Sri Lanka Heart Association. She was born in 1935 and is the eldest child and only daughter of Dr. George and Mrs. Kanmanie Handy. Even as a very young lady she is known to have organized and coordinated fund-raising events for the YWCA and similar associations to help the poor.

Dr Srikanthi had her primary and secondary education at Ladies’ College, Colombo. She obtained her MSc from the University of Bradford, UK and joined the University of Sussex, UK for her doctoral research on motor neuron disease. She was awarded the PhD for her thesis on “Putative protein abnormalities in the amyotrophic lateral sclerosis” which also generated several scientific papers on related scientific matters in peer reviewed journals.

She has two brothers, Dr John Lakshman Handy, consultant anesthetist in UK, and youngest brother, Emeritus Professor George Handy, University of Southern Carolina, USA.

Dr Srikanthi worked as a medical researcher in the university department in the UK for over 30 years and returned to Sri Lanka in the early 1990s to care for her father Dr G R Handy who was ailing at the time.

Dr G R Handy passed away in 1995 and it was then that Dr Srikanthi decided to harness her resources and energies into philanthropic projects to commemorate her father’s memory. She adored her father and used to relate how he would take her as a young girl on his hospital ward rounds, casualty and home visits and describe the medical condition of the patient and how he planned to tackle the problem. One had the impression that she would have liked to have pursued a career in medicine, but it was not to be so.

Her lasting legacy will be her philanthropic efforts in her father’s name.

  • She founded the Dr. G R Handy Foundation that donated a state-of-the-art cardiology ward at the General Hospital, Colombo which she then visited daily to assist and support its maintenance.
  • She donated a computer laboratory to St John’s College, Jaffna where her grandfather had been a principal and where Dr. G R Handy had his initial years of education.
  • She extended a generous hand to the Children’s heart project which was run under the supervision of Dr P N Thenabadu and Dr J J Stphen. Many children with heart disease profited from this project. Later on she decided to embark on her own by establishing the Dr. G R Handy memorial trust fund.
  • A major target for this trust fund was the Children’s ASD surgery project. When she realized that the waiting time in the National Hospital cardiac surgery lists were long, she decided to help these children by sponsoring their surgery in the private sector. She put in place an efficient mechanism to assist the patient’s families, with monetary difficulties, to obtain the President’s fund allocation and paid the remainder of the surgical expenses for the closure of the ASD in the private sector. Over 100 children with ASD’s were assisted in this way. The patients were referred to Dr. Y. K. M. Lahie, MBBS, MS, FRCS, Consultant Cardiothoracic Surgeon who helped and cooperated with Dr. Srikanthi in this work.
  •  When ASD closures were transformed from thoracic surgery to device closure techniques, she provided the funds to purchase ASD devices when the General Hospital Device stocks were exhausted.
  • Dr. Srikanthi’s special concern for children with heart disease made her decide to sponsor a pediatric heart disease ward in the institute of cardiology. Ward 70 was allocated for this, and she refurbished the ward and equipped it fully. This unit functioned very efficiently until pediatric cardiology was shifted to LRH. Dr Srikanthi was disappointed but agreed to have ward 70 as a post cardiac procedure ward.
  • Other major contributions by Dr. Srikanthi were to donate the funds and organize the Cardiology unit at the Teaching Hospital, Jaffna, which was named as Dr G R Handy memorial cardiology unit. It is now a full-fledged Cardiology unit, rendering invaluable service to the Northern province.
  • From the academic perspective, Dr Srikanthi endowed the annual Dr G R Handymemorial oration of the Sri Lanka Heart Association, now Sri Lanka College of Cardiology. She would attend the annual oration with her friends and well-wishers.

She used her personal wealth both inherited and earned and also organized fund raising events (A musical extravagance organized by Dr Srikanthi made a profit of one million rupees) to extend and expand the Dr G R Handy memorial trust fund.

Her love for her father flowed out to his village as well.

  • Eagle Care Project: This Project is based on the slogan “Give a child a life”

The Eagle Care Project operates in the below areas:

(Provision of scholarships at St Johns College, Jaffna for needy, academically gifted children, Improvement of educational facilities at St Johns College, Provision of financial assistance to children with medical needs, Technology enhancement programs, Mental health awareness and children with special needs etc).

  • She also donated a stock of bicycles to the students of that area to facilitate their school transport.
  • The agriculture improvement program at St. John’s College is up and running. Under CTF’s “Eagle Care” has been invested in this project. This project is funded by Dr. G. R. Handy and Mr. John Roy Fussey, Memorial Agriculture Improvement Fund. The primary purpose of the project was to educate the students on agricultural science and as it is related to the syllabus, the project provides practical knowledge and farming experience for the agriculture students.
  • In more recent years, the Dr G R Handy foundation also funded the building of a considerable amount of social housing for widows in Jaffna and sixteen houses were built in the village of Ariyalai, which was her father’s birthplace.  The social housing project was facilitated through Zonta International. The ground supervision of this project was personally done by Prof Chandrika Wijeyratne who was the Zonta president at that time.
  • Dr Srikanthi went out of her way at time to help the patients. A case in point: A young woman with primary pulmonary hypertension who needed domiciliary oxygen to help her breath was given an oxygen concentrator and container which was fully funded by her. This equipment was passed on to three more patients.

During her final years when her health was failing and she was frail, she chose not to live in luxury with all comforts but decided to leave her assets in a trust to facilitate education for children of poor families.

Born and bred in a strong Christian family with an ancestry of priests within it as well, Dr Srikanthi would attend Sunday mass whenever she could.

Her only child, Professor Paul Rohan Mather, studied at St Thomas’s College, Mount Lavinia and qualified as a chartered accountant in the UK where he worked for many years. He did further studies at the University of Lancaster and completed a PhD at Monash University, Australia. He has had many academic roles including as an Associate Dean at Monash University, Dean of La Trobe University Business School and had visiting professorial appointments at the London School of Economics, University of Liverpool and the University of Colombo. She also has three grandchildren and two great grandchildren in Australia.

Dr Srikanthi used to recall that her father Dr G R Handy would often quote “Service is the rent we pay for the room we occupy on earth”. None could contest that Dr. Srikanthi has paid her ‘rent’ more than fully, when she peacefully passed away in August 2023.

Sri Lanka College of Cardiology

Early release of a prominent Vietnamese journalist: RSF insist that he should never have been imprisoned

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Reporters Without Borders (RSF) welcomes the recent release of independent Vietnamese journalist Mai Phan Loi 18 months before the end of his sentence, and urges for the release of the 39 other journalists and press freedom defenders detained in the country.

On the morning of 10 September 2023, freelance journalist Mai Phan Loiwas released from prison in Yên Dinh district, northern Vietnam, 18 months earlier than expected. The 52-year-old journalist, who had been in custody since July 2021, was sentenced to 4 years in prison for alleged “tax fraud”, after already spending 7 months in detention.

“We welcome the release of Mai Phan Loi, but we insist that he should never have been arrested, let alone sentenced to a prison term on trumped-up charges. We now call on the Vietnamese regime for the immediate release of the 39 other journalists and press freedom defenders who are currently detained.”

Cédric Alviani RSF
RSF Asia-Pacific Bureau Director

Loi is a well-known political commentator and press freedom defender who, from 2019 until his arrest, ran an independent online video channel featuring a series of interviews with experts on economic, social and environmental issues in Vietnam. Before that, he was the deputy editor of Phap Luat, a prominent state-controlled magazine covering legal issues. In June 2016, the authorities refused to renew Loi’s press card after he investigated the mysterious disappearance of a Vietnamese air force reconnaissance plane.

Mai Phan Loi’s unexpected release occurred on the same day as US President Joe Biden’s visit to Vietnam on 10 September. A few days earlier, RSF and seven other human rights organisations submitted to the White House an open letter calling the US President to address the dire state of press freedom and the right to information in the country, including the case of Loi.

On 14 September 2023, another freelance journalist, Ngo Van Dung, was released after serving a five-year prison sentence and will remain on probation for the next 2 years. Detained since September 2018, he had been sentenced in 2020 for allegedly “disturbing security”, because of his commitment to calling for the implementation of article 25 of Vietnam’s constitution, which proclaims press freedom.

Vietnam ranks 178th out of 180 in the 2023 RSF Press Freedom Index, its lowest position since the release of this index in 2002.

REPORTERS SANS FRONTIÈRES / REPORTERS WITHOUT BORDERS (RSF)

Sri Lanka targets US $ 2 b from coconut-related product exports

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By: Staff Writer

Colombo (LNW): With the demand for coconuts surging both domestically and internationally, Sri Lanka is facing production challenges and issues with exports to major markets like the US and the European Union (EU).

Additionally, the shortage of coconuts has become a pressing issue, leading to a need for greater cooperation and research to bolster the industry’s growth.

Amidst these challenges, Sri Lanka is set to achieve an ambitious goal of achieving $ 2 billion in export income from coconut-related products over the next 5 to 10 years.

This was disclosed by Industry and Plantation Minister Dr. Ramesh Pathirana emphasizing the vast potential for export income from coconut-related products, noting that the last two years saw the highest recorded values at $ 836 million and $ 817 million, respectively.

This indicates a remarkable 20% increase in export income within the sector. Sri Lanka is projected to yield an impressive harvest of around 3 billion coconuts this year, marking a significant milestone in recent history.

This follows last year’s record of 3.2 billion nuts and the previous year’s high of around 3 billion. The Minister projected that the revenue from coconut-related products could soon surpass the $ 1 billion mark, with an ultimate target of $ 2 billion in the next 5 to 10 years.

To facilitate this growth, Sri Lanka produced a historic high of 5.5 million coconut plants last year, with a focus on hybrid varieties.

The creation of the second coconut triangle, coupled with the country’s existing coconut cultivation potential, is anticipated to further boost production.

The CRI has also launched initiatives to minimise waste in local consumption, ensuring more coconuts are available for export.

He highlighted the successful initiatives carried out in conjunction with International Coconut Day on 2 September, including the establishment of a new coconut triangle representing the Northern Province.

Contraction in Sri Lanka economy retards to 3.1% in 2Q 2023

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By: Staff Writer

Colombo (LNW): Sri Lanka’s economy) shrank 4.1 percent in the second quarter of 2023, official data showed this week, as the country remained in the grip of its worst financial crisis in decades.

The downturn was driven by, the rising cost of components, as well as restrictions on imports and lower earnings from apparel exports, Census and Statistics Department said in a statement.

The contraction in the economy during the second quarter had reduced to 3.1% year-on-year (YoY) reflecting rebound from 11.5% shrinkage in the first three months of 2023.

The Department of Census and Statistics (DCS) Sri Lanka, recently  released the estimated Gross Domestic Product (GDP) at current price and at constant (2015) price in the production approach and the other macroeconomic indicators for the second quarter (1 April to 30 June).

It said the YoY GDP growth rate for the second quarter of year 2023 has been reported as 3.1% of negative growth rate. 

In the second quarter of 2023, the overall Industry and services activities declined by 11.5% and 0.8% respectively while overall agriculture activities grew by 3.6%. The three major economic activities of the economy.

‘Agriculture’, ‘Industry’ and ‘Services’ have contributed their share to the GDP at current prices by 10.4%, 27.0% and 56.8% respectively, while ‘Taxes less subsidies on products’ component has contributed 5.8% of share to the GDP in the second quarter of year 2023.

The GDP for Sri Lanka for the second quarter of year 2023 at constant price (2015) has declined up to Rs. 2,597,441 million from Rs. 2,680,074 million which was recorded in the second quarter of year 2022.

In addition, the Gross Domestic Product for Sri Lanka for the second quarter of 2023 at current price has increased up to Rs. 6,145,451 million from Rs. 5,442,362 million which recorded in the same quarter in year 2022 registering 12.9% of positive change in the current price GDP.

Sri Lanka’s economy is expected to shrink by 2% in 2023, its central bank said in an annual report on Thursday, as the country struggled to emerge from its worst financial crisis in decades.

The central bank projected Sri Lanka’s economy would grow by 3.3% in 2024, according to the report.

The economy shrank by 7.8% in 2022, in a year dominated by deep political instability, soaring inflation and steep currency depreciation as Sri Lanka struggled with a financial crisis triggered by record low foreign exchange reserves.

The central bank’s growth estimate for 2023 is more optimistic than the 3.1% contraction projected by the International Monetary Fund (IMF), which finalised a nearly $3-billion bailout to the crisis-hit country last month. The World Bank estimates Sri Lanka’s economy will contract by 4.3% in 2023.

“Sri Lanka’s economy has been gradually stabilising since mid-2022. The long fuel lines, severe shortages, and high inflation have gradually reversed,” said Udeeshan Jonas chief strategist at CAL Group.