Business and Economics
Union Assurance Sweeps Away Multiple Awards at Sri Lanka Leadership Awards 2020

Union Assurance clinched multiple awards including Best Brand and Sustainable Marketing Excellence at the Sri Lanka Leadership Awards, as well as Best Employer Brand at the Employer Brand Awards on 24th November 2020.
The Sri Lanka Leadership Awards and Employer Brand Awards are conducted in collaboration with World HRD Congress and CMO Global/CMO Asia and seek to identify and celebrate outstanding practices by organisations, individuals, and teams. These awards are an independent recognition exercise initiated to acknowledge organisations that have achieved extraordinary success from innovative and effective marketing practices in Sri Lanka.

Jude Gomes, Chief Executive Officer of Union Assurance, stated, “We are deeply honoured to be the recipient of three awards in recognition of our commitment to our customers and our employees. As the first life insurance company in Sri Lanka, we have embarked on a journey of protecting the Sri Lankan Dream, and powered it through enhanced digital capability, transforming our Brand to meet the demands of the new age.”

iDealz Lanka fulfills pre-ordered iPhone 12 series to its first 200 Customers

iDealz Lanka, Sri Lankas’ no.01 Mobile phone retailer held a special event to successfully fulfill the first batch of the recently lauched Apple iPhone 12 pre-orders at their flagship store located in Marino Mall on 04th December 2020. The event was graced by many popular celebrities and more than 200 of its loyal customers who had placed their trust on iDealz Lanka to pre-order their iPhone 12 series. iDealz Lanka, which began operations in 2011 is recognized today as one of the leading mobile stores in the country. The Company which is the No. 1 retailer for Apple, Xiaomi, Huawei, Samsung, OPPO, Vivo, One Plus and Nokia brands has successfully established itself as the most trusted and sought after mobile phone retailer through its innovative and extraordinary service provided to its customers. iDealz offers its customers 24/7 dedicated customer service, same day delivery, island-wide delivery, 7day return policy,

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Sri Lanka Customs incurred a loss of Rs. 6,130 million due to two palm oil companies

The Sri Lanka Customs has incurred a loss of Rs.6,130 million during the time period of 2013-2016, due to two leading palm oil companies, the Committee on Public Accounts (COPA) was informed yesterday (03).

An audit conducted by the Auditor General's Department revealed that the loss of money was due to the negligence on the part of Sri Lanka Customs officials having failed to clear specific goods under the Harmonized System (HS Code) within the relevant frame.

Although the Secretary to the Treasury and Ministry of Finance  Attygalle has already taken measures to investigate and recover the losses incurred by the Government due to these three companies, the Committee directed the Sri Lanka Customs to also take immediate action on this regard to which the Director General of Sri Lanka Customs Major General Vijitha Ravipriya agreed.

Director General of the Sri Lanka Customs and its high-ranking officials, Officials of the Ministry of Finance and officials of the Auditor General's Department marked their presence at the Committee on Public Accounts chaired by (Prof.) Tissa Vitharana.

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