Business
Hayleys Plantations’ TTEL and KVPL ranked among LMD Top 50 Most Awarded Hall of Fame
Consolidating their place among the top corporates in Sri Lanka, Talawakelle Tea Estates (TTEL) and Kelani Valley Plantations (KVPL), subsidiaries of the leading tea and rubber producer Hayleys Plantations, secured rankings on the LMD Top 50 Most Awarded Companies 2019/20 Hall of Fame.
Talawakelle Tea Estates ranked fourth, and Kelani Valley Plantations ranked 46th in the inaugural LMD edition which pays homage to the most awarded companies in Sri Lanka. Ranking the most respected corporates for their outstanding achievements locally and internationally, the Hall of Fame represents the Top 50 most awarded organisations of the 204 entities ranked by LMD from January 2019 to September 2020. Notably, the two RPC’s are the only agri-based companies to be included in the LMD Top 50 Most Awarded companies.
“From our fields to our factories and offices, Hayleys Plantations is aligned to a singular vision, of pioneering the future of plantations in Sri Lanka. The fact that both TTEL and KVPL have secured a great place of pride among the Top 50 most awarded companies, while being the only agri-based companies within best 50 in Sri Lanka is a tremendous achievement, especially for our industry. This victory also demonstrates our belief that this industry still has immense untapped potential. Moving forward, we will continue to raise the standard for excellence, not just in our industry, but for the entire corporate sector,” Hayleys Plantations Managing Director, Dr. Roshan Rajadurai said.
Over the past year, Hayleys Plantations has continuously won several prestigious accolades, including bringing home the biggest haul of awards at the Social Dialogue and Workplace Cooperation Awards organised by the Department of Labour, bagging an impressive 4 Gold Awards, 4 Silver Awards and 4 Bronze Awards. KVPL was especially honoured with a Gold Award in the Small Scale Category- Service Sector, an impressive feat as it was the first time the Award was presented to a plantation company.
TTEL further consolidated its reputation locally, when it became the first plantation company to win the Gold Award for Overall Excellence at the National Business Excellence Awards in 2018, an honour typically reserved for Sri Lanka’s largest blue-chip companies. The achievement set a trend which was followed by sister company KVPL winning the very same prestigious title in 2019.
Both plantations companies were also recognised internationally as Country Winners at the prestigious Hallbars Sustainability Report Awards 2020. KVPL’s Annual Report for 2017/2018, ‘Growth Beyond Measure’, was recognised as the Best in the World in the Tea category. Similarly, TTEL was presented with two Silver Awards at the Asia Sustainability Reporting Awards (ASRA) 2019.
Additionally, Hayleys Plantations was the Gold Award Winner of the National HR Excellence Awards, organised by the Chartered Institute of Personal Management, in 2016, and once again in 2018 and 2019 in recognition of its revolutionary HR practices and policies which have broken traditional boundaries and industry norms. The Hayleys Plantations Sector is also the first ever plantations company to win the Asia- Pacific HR Excellence Awards in 2017 and 2018.
Business
JAT Holdings celebrates the 6th Pintharu Abhiman Convocation, uplifting over 800 painters through NVQ certification
JAT Holdings PLC marked a significant milestone with the successful conclusion of the 6th JAT Pintharu Abhiman Convocation, recognising more than 800 painters who have earned their NVQ Level 3 qualification, an internationally recognised professional certification delivered in partnership with the National Apprentice and Industrial Training Authority (NAITA).
JAT Pintharu Abhiman was established to uplift Sri Lanka’s painter community through structured skills development, professional recognition and stronger earning potential. This year’s graduating cohort reflects the programme’s expanding reach and the tangible changes it continues to deliver for individuals, families and communities.JAT in collaboration with NAITA has streamlined the certification process such that what would traditionally take up to six months has been refined into an efficient and high-impact three-day assessment model. This approach ensures painters can obtain their qualification without sacrificing extended periods of work, while JAT fully absorbs the certification cost, removing financial barriers and enabling wider access to formal recognition.
Research conducted amongst NVQ qualified participants shows meaningful improvements in livelihoods, with 90 percent reporting increased personal confidence and 76 percent noting an improvement in their overall standard of living. This uplift demonstrates the long-term value of industry-aligned professional training.
A noteworthy moment at this year’s convocation was the recognition of four female painters who received their NVQ certifications. Their achievement marks an important step in broadening female participation in a field that has historically been male dominated, reinforcing JAT Holdings’ commitment to creating inclusive pathways for technical development and sustainable employment.
Speaking at the ceremony, Mr. Wasantha Gunaratne, Director Sales and Technical (South Asia) of JAT Holdings PLC, said:
“Pintharu Abhiman is fundamentally about development, giving painters the knowledge, structure and recognition they need to progress in their careers. By equipping over 800 painters with an internationally recognised NVQ qualification, we are not only strengthening the technical standards of the industry but also creating real pathways for entrepreneurship and financial independence. It is especially encouraging to see that one in five certified painters have already begun building their own businesses. These are the outcomes that matter because they show that when we invest in skills, we unlock opportunity. JAT remains committed to expanding these avenues so every painter has the chance to grow, lead and build a sustainable future.”
The 6th JAT Pintharu Abhiman Convocation underscores JAT’s continued dedication to uplifting the painter community, enhancing industry standards and supporting national skills development through accessible, professionally recognised qualifications.
Business
Industry bodies flag gaps in Draft National Electricity Policy
The Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Association Forum, National Chamber of Commerce of Sri Lanka and Sri Lanka Association for Software and Services Companies, has submitted joint observations on the Draft National Electricity Policy, highlighting that several key issues have not been adequately addressed.
Whilst recognizing the need for reform in the electricity sector, the submission flags several gaps in the draft policy that require closer attention. Key areas such as affordability, decarbonisation commitments, incentives for renewable energy, competition, and the long-term financial health of the sector are either missing or not addressed in sufficient depth.
The proposed tariff revisions outlined in the draft energy policy raise concerns, particularly regarding the removal of cross-subsidies and the proposal to restrict subsidies exclusively to households consuming less than 30 kWh per month. Without detailed analysis, these measures could weaken access to sustainable and affordable energy and potentially lead to fiscal risks.
The provisions allowing uncompensated curtailment, removing feed-in tariffs, and imposing mandatory time-of-use tariffs on rooftop solar users could make renewable energy projects un-bankable for international lenders, thereby increasing the cost of capital for Sri Lanka.
Calling for a more future-focused approach, the submission stresses the need for a policy that reflects modern electricity systems, including planning for the energy transition, energy storage, market competition, cross-border electricity trading, and emerging technologies.
The Chambers and Associations request a comprehensive revision of the Draft National Electricity Policy, alignment with the Electricity Act, and resubmission following substantive consultation, and reiterate support to engage constructively with policymakers to shape a policy that supports affordability, investment confidence, and Sri Lanka’s long-term energy security.
Business
Bank of Ceylon partners with 36th APB Sri Lanka Convention
Bank of Ceylon (BOC) partnered with the 36th Annual Convention of the Association of Professional Bankers (APB) Sri Lanka, reaffirming its commitment to promoting professional excellence and knowledge sharing within the banking sector. The partnership was officially handed over by Sameera D. Liyanage, Chief Marketing Officer of Bank of Ceylon and M. R. N. Rohana Kumara, Deputy General Manager Business Revival Unit of Bank of Ceylon, reflecting BOC’s focus on empowering banking professionals and supporting the sustainable growth of Sri Lanka’s financial services industry.
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