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HNB ranked among ‘Top 10 Most Admired Companies’ for the 4th consecutive year

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Chief Guest High Commissioner of India to Sri Lanka Gopal Baglay (far right) and Daily FT Editor in Chief Nisthar Cassim (far left) with HNB Executive Director and Chief Operating Officer Dilshan Rodrigo (second from left) as HNB CEO/MD Jonathan Alles (second from right) accepts the award from Guest of Honour Mayor of Colombo Rosy Senanayake at the ceremony.

Sri Lanka’s leading private sector bank HNB PLC, was ranked among the top 10 Most Admired Companies in Sri Lanka for the fourth consecutive year.

In a year that challenged even the strongest organisations, HNB was recognised, not just for its financial performance but also for the value created for shareholders, customers, employees, and the wider community. The Bank has proven its mettle with consistency, authority and sustainable growth, creating excellence in business performance which have inspired other organisations and entrepreneurs.

“We are delighted to be among Sri Lanka’s most admired companies as the respect of our peers and the general public is one of the strongest validations of our pioneering approach to banking. Over the past year, digital transformation was integral for business continuity and offered citizens a safe and convenient mode of completing transactions. The technologies that we have deployed will serve as the bedrock for a new decade of technologically empowered growth, adding greater value to our customers and stakeholders. We pledge to continue fueling this technological transformation to revive the national economy actively,” HNB Managing Director / CEO, Jonathan Alles said.

A collaborative effort by the Chartered Institute of Management Accountants (CIMA) and the International Chamber of Commerce Sri Lanka (ICCSL), the Most Admired Companies are selected under stringent evaluation based on globally accepted criteria. The initial round consisted of a financial evaluation by a team of CIMA members, after which the Top 20 organisations were chosen from a group of nearly 50.

For the second round, companies had to present to a panel of judges, each scoring independently on multiple attributes such as the ability to attract and retain talent, quality of products and services, innovativeness, effectiveness in doing business globally, role in community, environmental, social and corporate governance principles, as well as a track record of integrity and work against corruption in all its forms. An interactive session followed the presentation with the management team and judges to assess how the companies adopted the business practices.

Notably, a survey link was shared with the general public earlier this year to nominate the organisations they felt were the most admired in Sri Lanka. The nominees were invited for the competition, while the adverts ensured other organisations applied as well.

The recognition is the most recent in a string of accolades bestowed on HNB regarding its transformational approach to banking. Earlier this year, HNB achieved an important milestone in its transformation journey when it was ranked once again among the Top 1,000 World Banks by the prestigious UK-based The Banker Magazine for the fifth time in a row. The bank was also recognised as the ‘Best Retail Bank in Sri Lanka’ by the Asian Banker Magazine on eleven occasions and is ranked among the Top 3 Companies in Sri Lanka by Business Today Magazine.

With 254 customer centres across the country, HNB is one of Sri Lanka’s largest, most technologically innovative banks, having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. HNB has a national rating of AA- (lka) by Fitch Ratings (Lanka) Ltd.



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Charting a worker-centered AI future: Colombo hosts landmark ITF conference

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The ITF’s first-ever AI-focused global conference and the first of its kind hosted in Sri Lanka

By Sanath Nanayakkare

Artificial intelligence and automation present serious challenges for workers – such as job consequences seen in docks and rail systems – and emphasises that workers cannot simply stop technological progress. By gathering young trade unionists in Sri Lanka, the ITF aims to establish key principles for engaging with technology, ensuring workers have a strong voice at the bargaining table, and encouraging constructive social dialogue with corporations and governments.

These compelling words from ITF General Secretary Stephen Cotton underscored the urgent reality facing modern labor as rapid technological advancements sweep across global industries.

Confronting this shifting landscape head-on, the International Transport Workers’ Federation (ITF), in partnership with the National Union of Seafarers of Sri Lanka (NUSS), convened a ground-breaking conference on artificial intelligence in Colombo from September 15–17.

As the ITF’s first-ever AI-focused global conference and the first of its kind hosted in Sri Lanka, the landmark event marked a critical milestone in balancing technological innovation with worker-centered safeguards.

Representing over 16.6 million transport workers worldwide, the ITF designed the gathering to tackle the multifaceted impacts of AI on safety, operations, workforce development, and governance. Rather than resisting progress, the conference focused on proactive engagement, establishing guiding principles to protect workers’ rights and privacy both at sea and on land.

Key discussions centred on sharing best practices for upskilling and reskilling transport personnel, ensuring that human oversight remains central to AI-driven logistics, routing, and maintenance.

Reflecting on the historic nature of the event, Boa Athu, CEO of National Union of Seafarers Asia Pacific, noted that the conference represented a monumental moment as AI emerges as a permanent fixture of contemporary life.

Highlighting NUSS’s pride in hosting the event in Colombo, Athu emphasised that AI offers transformative potential when guided by strong social dialogue, equitable access to training, and robust governance safeguards.

Ultimately, the Colombo conference demonstrated that the future of transport must be shaped by those who keep the world moving. By uniting international labour leaders, affiliates, port operators, and regulators, the event laid a vital foundation for inclusive policy frameworks that champion fair labour standards, securing a powerful voice for workers in an automated tomorrow.

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Bridging the digital divide: Sri Lanka’s airport licence challenge

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As tourism surges from digitally advanced markets like India, modern independent travelers arriving at BIA find themselves caught in a mismatch between cloudstored credentials and local paper-based transport protocols.

By Sanath Nanayakkare

As Sri Lanka experiences a surge in visitors from its largest tourist market, India, a modern administrative hurdle has emerged at Bandaranaike International Airport (BIA).

While nations like India and Pakistan have successfully transitioned to fully digital driving licences and cashless ecosystems, Sri Lanka’s Department of Motor Traffic counter still requires a physical card to issue temporary local permits, The Island Financial Review learns.

This mismatch creates significant friction for independent travelers who rely entirely on smartphones and cloud-stored credentials. Tourists turned away at the airport – and sometimes redirected to the Werahera office in vain – find themselves unable to legally rent and drive vehicles. Consequently, this policy gap harms local car rental operators, causes tourist frustration, and deprives the government of valuable permit revenue.

The situation highlights a distinct irony: Sri Lankan motorists easily travel abroad using International Driving Permits that are readily accepted in India and Pakistan, yet local infrastructure cannot reciprocate due to outdated verification systems.

Recognizing the problem, Department of Motor Traffic officials have noted that upgrades and new equipment are currently in the works to integrate foreign digital platforms.

For a nation aggressively pursuing a national digitalisation drive, rapidly modernising these transport protocols is essential to keeping pace with global travelers and unlocking the full potential of its tourism economy.

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International Afro-Latin Dance Festival in Colombo to grow into a larger regional tourism draw

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Founder X Director – ALIF – J D RUBAN

ALIF-SL, Sri Lanka’s first-ever international Afro-Latin dance festival, returns for its 4th edition from 25 to 27 September 2026 at the Galle Face Hotel, Colombo. The festival will bring together over 30 international and national artists and 175–200 participants from more than 20 countries, reaffirming its place as the region’s leading platform for Salsa, Bachata and Kizomba.

This year’s edition is headlined by Tropical Gem, the world’s No. 1 salsa team, travelling from Italy to perform and teach alongside a stellar international line-up. Attendees can also look forward to the ALIF Cup Sri Lanka Open, a keenly contested competition judged by an international panel, giving local dancers a rare opportunity to compete and connect with world-class talent.

“Every year, ALIF connects Sri Lanka to the world. With this year’s artist line-up and the ALIF Cup competition, we’re not just hosting a festival, we’re putting Sri Lanka on the map as a top destination for dance,” said JD Ruban, Founder and Director of ALIF-SL

Beyond the dance floor, ALIF-SL continues to support Sri Lanka’s tourism sector, drawing dancers, judges and enthusiasts from across the globe to Colombo and positioning the capital as an emerging regional hub for social dance. Organizers plan to grow the festival into a larger regional tourism draw, introduce new competition categories, and bring in even bigger headline acts in future editions.

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