Business and economics news
Lankan Angel Network and Disrupt Unlimited to increase support for Entrepreneurs

Bringing together organizations with the shared goal of promoting innovation, and thereby uplifting the nation, the Lankan Angel Network has signed a Memorandum of Understanding (MOU) with Brandix-funded Disrupt Unlimited, a seed accelerator program that helps start-ups in the apparel, textile, and accessories sectors to commercialize their ideas.

Passionate about empowering entrepreneurs, the Lankan Angel Network is a platform for angel investors to help high-growth, early-stage local start-ups through mentorship and funding.

Launched in early 2014, Disrupt Unlimited encourages innovators from across industries to develop technology-driven solutions that address challenges at every stage of the supply chains, leading to revolutionary changes in the way apparels, textiles and accessories are made, packaged, distributed and consumed.

National importance of CSR in the 21st Century
In the recent decade the private sector has greatly increased the amount of resources allocated to activities classified as Corporate Social Responsibility (CSR). CSR, which is interchangeable for Corporate Citizenship, is linked to a company’s Triple Bottom Line Reporting and is used as a framework for

measuring an organization’s performance against economic, social and environmental  parameters. As such, private sector companies are being called upon to take responsibility for the ways their operations impact societies and the natural environment.

According to a local study, 40 private sector entities collectively spend Rs. 4 billion annually on CSR programmes across this nation.
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Seylan offers free credit cards with over 100 offers
In an exciting campaign launched by Seylan Bank, and one that has already touched thousands of Sri Lankans across the country, Seylan Credit Cards are now just a text message away. All one has to do is to SMS ‘Yes’ <SPACE> NIC Number to 011 200 88 88 or simply visit the nearest Seylan Bank Branch to get one’s hands on a free Seylan Credit Card and enjoy an unmatched array of irresistible offers.

The current campaign has over 100 amazing offers from clothing, super market shopping, fuel and consumer durables to travels, holidays and furniture, health, express cash loans to easy payment schemes thereby guaranteeing a wide range of choices to Seylan credit cardholders like never before.

Fridays in August were a boon to all motorists with Rs. 10/- off on every litre of petrol or diesel worth over Rs. 3,000/- pumped at any fuel station island wide from 4.00 pm to 8.00 pm with their Seylan Credit Card.

Super market shopping at any supermarket in August also became both lucrative and fun too with 10% saving on total bills every weekend from 4pm to  8pm for transactions over Rs. 3000.

The holiday deals are also currently on and offer a massive 50% off at partner hotels until the end of the year while savings of up to 45% are on offer at partner hospitals, medical institutes and pharmacies until 31 December.

The Seylan Easy Pay Plan is one which enables you to purchase your overseas travel packages at Hemas Travels, Delair Travels, Gabo Travels, Aitken Spence Travels, Flyinstyle and Jetwing Holidays and repay in 3,6,12 or 24 monthly instalments. All you have to do is inform the Seylan Bank Call Centre after you make the purchase to convert it into an easy payment plan.

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