Business
Fly again Sri Lanka with Cathay Pacific
Hong Kong’s home airline will operate three non-stop flights per week to and from Colombo from 2 February 2024
Cathay Pacific, the award-winning Hong Kong-based airline, has announced the resumption of flights to and from Colombo beginning 2 February 2024. After a hiatus of four years, Cathay Pacific is set to soar Sri Lankan skies once again, serving valued local customers and continuing its commitment to connect people across the globe. Cathay Pacific is returning with its Airbus A330 aircraft offering three flights a week operating from Colombo, ensuring a comfortable and premium travel experience for all customers.
The aircraft is configured in a two-cabin-class layout with 293 seats, comprising 28 in Business class, and 265 in Economy.
The resumption marks the revival of a long-standing aviation partnership between Hong Kong and Sri Lanka. For both business and leisure travellers, the flights will serve as a gateway, offering exceptional connectivity via Hong Kong to the Chinese Mainland, North America, Northeast Asia, and the Southwest Pacific.
As Sri Lanka continues to welcome a growing number of leisure and business travellers, while recognising the diversity of Colombo’s travellers, Cathay Pacific is gearing up to embark on a new chapter of connectivity, convenience, and customer satisfaction.
Anand Yedery, Regional Head of Customer Travel and Lifestyle, South Asia, Middle East and Africa said: “This is an important occasion as we announce the relaunch of flights from Colombo. Cathay Pacific’s return not only signifies our commitment to our customers, but also showcases the vital role Sri Lanka plays in our network.
“In the past few years, we have invested in our product and inflight experience, including the dining menu, entertainment and more. We are excited to have our customers experience these service enhancements, convenient connections to key destinations worldwide such as Melbourne and Toronto, and our intermodal air-to-sea ferry options for travel into the Greater Bay Area. We look forward to welcoming Sri Lankan travellers aboard our flights and delivering a journey that exceeds their expectations.”
Business
HNB Finance bags 2 CMA Reporting Awards 2025
HNB Finance PLC has been honoured with two prestigious accolades at the CMA Excellence in Integrated Reporting Awards 2025, reaffirming the company’s commitment to transparency, good governance, and integrated business performance.
At this year’s ceremony, HNB Finance PLC was awarded Second Runner Up – joint in the category of “Best Integrated Report , Finance and Leasing Sector”, and also received a Merit Award in recognition of its continued efforts to enhance reporting quality and strengthen stakeholder communication.
The CMA Excellence in Integrated Reporting Awards, organised annually by the Institute of Certified Management Accountants (CMA) of Sri Lanka, acknowledge organisations that demonstrate superior financial reporting standards aligned with global best practices. Winners are assessed on key criteria such as financial performance and strategic management, corporate governance and compliance, innovation and digital transformation, sustainability practices, and professional excellence.
Chaminda Prabhath, Managing Director/CEO of HNB Finance PLC, commented on the recognition, “These awards reaffirm our commitment to upholding the highest standards of integrated reporting and transparent financial disclosure. At HNB Finance, we remain focused on delivering sustainable long-term value through robust governance frameworks, prudent financial management, and continuous innovation. The acknowledgement by CMA Sri Lanka reflects the disciplined efforts of our teams across the organization and motivates us to further enhance our reporting quality, strengthen ESG integration, and reinforce our stakeholder centric approach.”
Business
ComBank joins ‘Liya Shakthi’ scheme to further empower women-led enterprises
The Commercial Bank of Ceylon has reaffirmed its long-standing commitment to advancing women’s empowerment and financial inclusion, by partnering with the National Credit Guarantee Institution Limited (NCGIL) as a Participating Shareholder Institution (PSI) in the newly introduced ‘Liya Shakthi’ credit guarantee scheme, designed to support women-led enterprises across Sri Lanka.
The operational launch of the scheme was marked by the handover of the first loan registration at Commercial Bank’s Head Office recently, symbolising a key step in broadening access to finance for women entrepreneurs.
Representing Commercial Bank at the event were Mithila Shyamini, Assistant General Manager – Personal Banking, Malika De Silva, Senior Manager – Development Credit Department, and Chathura Dilshan, Executive Officer of the Department. The National Credit Guarantee Institution was represented by Jude Fernando, Chief Executive Officer, and Eranjana Chandradasa, Manager-Guarantee Administration.
‘Liya Shakthi’ is a credit guarantee product introduced by the NCGIL to facilitate greater access to financing for women-led Micro, Small, and Medium Enterprises (MSMEs) that possess viable business models and sound repayment capacity but lack adequate collateral to secure traditional bank loans. Through NCGIL’s credit guarantee mechanism, Commercial Bank will be able to extend credit to a wider segment of women entrepreneurs, furthering its mission to drive inclusive economic growth.
Business
Prima Group Sri Lanka supports national flood relief efforts with over Rs. 300 Mn in dry rations
Prima Group Sri Lanka has pledged assistance valued at over Rs. 300 million, providing essential Prima food products to support communities affected by the recent floods across the island. This relief initiative is being coordinated through the Ministry of Defence to ensure the timely and effective distribution of aid to impacted families.
As part of this commitment, Prima Group Sri Lanka donated a significant stock of Prima dry rations to the Government of Sri Lanka on 30 November. The consignment will be distributed across multiple severely impacted districts. These supplies will support families facing disruptions to daily life, ensuring they receive assistance as recovery efforts continue.
The handover took place at the Ministry, where the donation was received by the Secretary of Defence, Air Vice Marshal (Retired) Sampath Thuyacontha. Representing Prima Group Sri Lanka, Sajith Gunaratne – General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera – General Manager of Ceylon Grain Elevators PLC, officially presented the donation.
Prima Group has been standing with the people of Sri Lanka for over 40 years, and this donation reflects its broader commitment to the nation during challenging times. As relief operations continue across the island, the company remains focused on helping families rebuild their lives and supporting the ongoing recovery process in collaboration with the Government Authorities.
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