Business
Lanka Hospitals Diagnostics and Koko collaborate
Lanka Hospitals Diagnostics (LHD) recently partnered with the region’s largest ‘Buy Now – Pay Later’ (BNPL) App, Koko. LHD is the first laboratory service to partner up with Koko whereby LHD clients are offered the convenience of making payments in three interest-free instalments.
Koko, launched in 2020 is a venture by Sri Lanka’s largest e-commerce company Daraz. The service quickly gained popularity post-COVID-19 due to the convenience it offered to users to pay in 3 equal instalments within 60 days at 0% interest. Koko’s focus on catering to both credit and debit cardholders has resulted in outstanding growth within a short span of time, with the App counting over 500,000 users and 2000+ merchants across the island at present.
“LHD focuses on cutting-edge technological advancements and gears its innovations to keep abreast with international medical laboratory standards. We believe that every Sri Lankan deserves to be treated through insights gathered from an accurate medical laboratory report. LHD’s partnership with Koko signifies the commitment to make quality healthcare affordable to all Sri Lankans.” said Dr. Geethani Galagoda, Head of Laboratories of LHD.
Dr. Galagoda further stated that the unprecedented economic challenges have compelled the majority of citizens to prioritise their spending. She further highlighted the salience of prioritising healthcare spending over other forms of expenses, as negligence in primary screening laboratory tests can exacerbate to greater health complications that will demand a greater amount of spending which will severely compromise the quality of living.
Being a groundbreaker in Sri Lanka’s fintech industry, Koko aims to bring financial freedom and convenience to its customers, whilst enabling growth for brands, retailers and businesses. Koko’s intent to serve the 18 million debit cardholder base and beyond in Sri Lanka has proven to be fruitful, allowing the App to penetrate deep into the Sri Lankan population.
“Koko is, first and foremost, committed to bettering the lives of all Sri Lankans, whether
it be financial freedom or in this instance, affordable access to lifesaving services. Our partnership
with LHD is a testament to that mission. We are excited to collaborate with a pioneer in medical laboratory services and offer our users the convenience of easy instalment plans for important diagnostic services with just a simple sign-up for access to instant credit limits and interest free instalments, even with a debit card.” – Naheed Zainudeen, Head of Commercial – Daraz Financial Services.
Being a trailblazer in medical laboratory services, LHD stands tall as the only College of American Pathologists (CAP) accredited lab chain with an extensive presence across the country counting over 50 fully owned laboratory outlets and 9 minilabs, coupled with the globally accredited, state-of-the-art, reference laboratory complex at Narahenpita. Through this extensive presence, LHD has enabled all citizens of Sri Lanka to benefit from top notch diagnostic services at affordable prices.
A fully owned subsidiary of Lanka Hospitals Corporation PLC, LHD is the first Sri Lankan laboratory to consistently be accredited with CAP for over 6 years since 2017 to date, a solid proof for the unmatched high standards achieved by LHD spearheading the benchmark for achieving quality at an affordable price in the healthcare industry and now ensuring that innovation and technology supports its customers wherever needed.
Business
From Mt. Fuji to Sri Pada: Lessons from a father-son climb
by SK Samaranayake
For Daham Gunasena, reaching the summit of Mt. Fuji with his 12-year-old son was not the end of the journey but the beginning of a different kind of lesson.
Gunasena, Director – Commercial at SPAR Sri Lanka and a senior business leader, academic and Chartered Accountant, spent nearly 12 hours on August 19 climbing Japan’s highest mountain with his son, Methum. After eight hours of climbing, the pair reached the 3,776-metre summit before beginning a demanding four-hour descent to Fujinomiya 5th Station.
“The summit was only halfway,” Gunasena reflected, describing the experience as a lesson in preparation, perseverance and responsibility.
Their journey began two days earlier with a trial excursion to the 6th Station and the volcanic landscape around Mt. Hoei. The experience allowed Gunasena to assess the altitude, terrain, weather and equipment before deciding whether his son was ready for the summit attempt.
The climb itself reinforced the value of taking one step at a time. Rather than focusing on the distant summit, father and son concentrated on the next marker, the next few steps and short periods of rest.
Reaching the summit brought another lesson. After taking photographs and celebrating, they still had four hours of descent ahead of them over loose volcanic terrain.
“Reaching the top was an achievement. Returning safely was success,” Gunasena said.
The experience also prompted him to reflect on how Japan manages Mt. Fuji, including visitor education, digital information, sanitation, transport, safety and environmental protection.
Having climbed Sri Pada 12 times last year and five times so far this year, Gunasena sees opportunities to apply some of these principles in Sri Lanka without compromising the mountain’s unique pilgrimage traditions.
He suggested a comprehensive digital platform for Sri Pada providing information on weather, congestion, transport, sanitation, first aid and emergencies, while educating foreign visitors about its religious significance.
For Gunasena, however, the most enduring lesson was personal: a mountain can teach what lectures cannot—through preparation, perseverance, respect for nature and the shared experience of taking each step together.
Business
FLIR, Marlbo promote smarter industrial maintenance
Sri Lankan industries are being encouraged to adopt advanced condition monitoring technologies to detect equipment problems before they develop into costly failures, as global technology company FLIR and its local partner Marlbo Trading Company strengthen their collaboration.
The companies brought together industry professionals at a technical seminar held on August 20 at Taj Samudra, Colombo, focusing on the use of thermography and acoustic imaging to reduce unplanned downtime, improve energy efficiency and lower maintenance costs.
Organised by Marlbo under the theme “Condition Monitoring Using Thermography and Acoustic Imaging for Measurable ROI,” the seminar highlighted the growing importance of proactive and predictive maintenance in improving equipment reliability and operational efficiency.
FLIR Sales Director – Instrumentation, India, Bhaskar Lala, and APAC Condition Monitoring Specialist David Gambarte shared their expertise on the latest diagnostic technologies and their practical industrial applications.
Thermal imaging can identify abnormal heat patterns linked to electrical and mechanical faults, while acoustic imaging can detect problems that may go unnoticed during routine inspections.
The technology is particularly useful in identifying compressed-air leaks, which can cause significant energy losses and increase operating costs.
Shevon Liyanage, Engineer – Measuring Instruments at Marlbo, also shared insights into applying condition monitoring technologies in the Sri Lankan industrial environment.
Business
Lumbini Tea Valley wins intl award for Singharaja Wirytips
Lumbini Tea Valley Ceylon won an award for its Singharaja Wirytips at The Leafies: International Tea Awards held in London in 2024, marking another international recognition for the Sri Lankan tea producer.
The award comes as the company marks two decades of direct exports, with its premium and organic Ceylon teas now reaching 35 countries across six continents.
Established in 1984, Lumbini Tea Valley began its direct export drive after Chaminda Jayawardana joined the family business in 2000 alongside his father, Dayapala Jayawardana. The initiative materialised in 2006 with the company’s first direct shipment—a 15-kilogram consignment of Flowery Broken Orange Pekoe (FBOP) tea to the United States.
Since then, the company has expanded its direct-export operations, which now account for around 20% of its total manufacturing output. Following its transition to organic production, approximately half of its organic tea output is exported directly by the company.
Its key export markets include Japan, the United States, France, the Netherlands, Switzerland and Australia, with direct shipments now reaching 35 countries.
The company said its direct-export model would continue to expand amid growing international demand for traceable, single-origin Ceylon tea, with premium and organic grades at the centre of its export strategy.
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