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Unilever ranked No 1 most respected FMCG company in Lanka once again

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Unilever Sri Lanka has been ranked the Number 1 Most Respected FMCG company in the country in LMD’s Most Respected Entities publication for 2022. This marks the 17th consecutive time that Unilever has been ranked in the list, moving 4 places up from 2021 to claim the overall 6th position from over 100 varying companies. Unilever was also declared the Sector Winner in both the ‘Consumer Products’ ‘Multinational’ categories yet again, maintaining its winning streak.

The company also emerged as the highest rated FMCG company to appear in LMD’s Top 12 performance measures/ indicators for awarding the rankings, namely: ‘Financial Performance’, ‘Quality Consciousness’, ‘Management Profile’, ‘Honesty’, ‘Innovation’, ‘Dynamism’, ‘Corporate Culture’, ‘CSR & Sustainability’, ‘Vision’, ‘National Perspective’, ‘HR & People Management’ and ‘Crisis Management’.

Sharing her comments on the recognition, Hajar Alafifi, Chairperson and Managing Director of Unilever Sri Lanka said, “It is truly a proud and honourable moment for us to be ranked as Sri Lanka’s Most Respected FMCG company once again, and more so for the 17th consecutive time of being recognised by the people of Sri Lanka. This underscores the positive impact we have made in the lives of Sri Lankans across the years, through our purposeful brands, our corporate vision to make sustainable living commonplace, and the unwavering commitment of our people towards integrity and excellence in all that we do. We also offer our heartfelt appreciation to LMD and its management for creating a platform to encourage and recognise good corporate conduct across the economy, society and the environment.”

Over the past 84 years, Unilever has been deeply rooted in Sri Lankan society, curating a landscape that preserves and nurtures the true Sri Lankan way of life. It is one of the largest FMCG companies in the country and produces 96% of its products to the strictest manufacturing standards at its manufacturing facility in Horana and local third-party manufacturing sites. The company’s portfolio comprises 30 market leading brands including Sunlight, Signal, Lifebuoy, Knorr, Vim and many others, through which it enhances the lives of 21 million Sri Lankans every day.

The company was ranked the ‘Number 1 Employer of Choice’ for the 10th consecutive year in 2021 by NielsenIQ, awarded the ‘Most Effective Marketer of the Year’ award for the 6th consecutive year at the 2021 Effie Awards, adjudged the ‘Most Awarded Entity’ in the ‘Consumer Products’ and ‘Multinational’ Categories in Sri Lanka in LMD’s 2021 ‘Most Awarded’ Edition, and had 15 Unilever brands ranked as the ‘Most Loved Brands’ in Sri Lanka in LMD’s 2022 Brands Annual Ranking. Unilever’s Horana factory was also honoured with the ISO 14001:2015 certification by the Sri Lanka Standards Institute (SLSI) for its commitment to identify, manage and reduce its impact on the environment through its operations.

The ‘Most Respected Entities in Sri Lanka’ ranking is based on an annual survey conceptualized by Sri Lanka’s leading business magazine – LMD and conducted by NielsenIQ. This year’s survey covered the opinions of 800 respondents from listed companies in the Colombo Stock Exchange (CSE), in LMD’s Top 100 list (2020/21) and in the Brands Annual 2021 list. The final rankings were based on the total sum of value of the weighted scores for each company.



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Stealer malware leaked over 2 million bank cards

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The number of infections with data-stealing malware, 2020-2024 (Source: Kaspersky Digital Footprint Intelligence)

Kaspersky Digital Footprint Intelligence estimates that 2.3 million bank cards were leaked on the dark web, based on an analysis of data-stealing malware log files from 2023-2024. On average, every 14th infostealer infection results in stolen credit card information, with nearly 26 million devices compromised by infostealers, including more than 9 million in 2024 alone. Kaspersky released its report on the infostealer threat landscape while the technology world gathers at MWC 2025 in Barcelona.

Kaspersky experts estimate that approximately 2,300,000 bank cards have been leaked on the dark web. This conclusion is based on an analysis of the log files from data-stealing malware, dated 2023-2024, that were leaked on the dark web market. While globally the share of leaked cards is well below one percent, 95% of the observed numbers appear technically valid.

Infostealer malware is not only designed to extract financial information, but also credentials, cookies and other valuable user data, which is compiled into log files and then distributed within the dark web underground community. An infostealer can infect a device if a victim unknowingly downloads and runs a malicious file, for example one disguised as legitimate software, such as a game cheat. It can be spread through phishing links, compromised websites, malicious attachments in emails or messengers and various other methods. It targets both personal and corporate devices.

On average, every 14th infostealer infection results in stolen credit card information. Kaspersky Digital Footprint Intelligence experts found that nearly 26 million devices running Windows were infected with various types of infostealers in the past two years.

“The actual number of infected devices is even higher. Cybercriminals often leak stolen data in the form of log files months or even years after the initial infection, and compromised credentials and other information continue to surface on the dark web over time. Therefore, the more time passes, the more infections from previous years we observe. We forecast the total number of devices infected with infostealer malware in 2024 to be between 20 million and 25 million, while for 2023, the estimate ranges between 18 million and 22 million,” says Sergey Shcherbel, expert at Kaspersky Digital Footprint Intelligence.

In 2024, Redline remained the most widespread infostealer, accounting for 34% of the total number of infections.

The most significant surge in 2024 was in infections caused by Risepro, whose share of total infections increased from 1.4% in 2023 to almost 23% in 2024. “RisePro is a growing threat. It was first discovered two years ago but seems to be gaining momentum. The stealer primarily targets banking card details, passwords and cryptocurrency wallet data, and may be spreading under the guise of key generators, cracks for various software and game mods,” explains Sergey Shcherbel. Another rapidly growing stealer is Stealc, which first appeared in 2023 and increased its share from nearly 3% to 13%.

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ComBank’s 2023 Annual Report tops Banking sector at ACCA Sustainability Reporting Awards

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Commercial Bank Chief Operating Officer S. Prabagar and members of the senior management accepting one of the ACCA awards.

The Commercial Bank of Ceylon’s prowess in comprehensive disclosure of sustainability-related information to stakeholders has won its 2023 Annual Report two top awards at the 2025 Sustainability Reporting Awards presented by the Association of Chartered Certified Accountants (ACCA).

The Bank was adjudged the overall runner-up and the winner in the Banking category at these awards, repeating the achievement of its 2022 Annual Report which was similarly honoured by the ACCA last year.

The ACCA Sustainability Reporting Awards recognise Annual Reports that clearly acknowledge and explain the economic, environmental and social impacts of the business to internal and external stakeholders, demonstrating the organisation’s policies, targets and long-term objectives towards the goal of sustainable development.

Commercial Bank’s 2023 Annual Report also won two Golds, a Silver and a Bronze at CA Sri Lanka’s ‘TAGS’ Awards 2024, excelling in the key aspects recognised by the awards programme which is dedicated to Transparency, Accountability, Governance, and Sustainability – TAGS.

The Bank won the Gold for ‘Corporate Governance Disclosure’ in the Financial Services sector, the Gold for the Best Annual Report among the private sector banks, the Silver for ‘Digitally Transformative Reporting’ across all sectors, and the overall Bronze award for Excellence in Corporate Reporting.

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UTE Delivers Sri Lanka’s Largest Cat D8 Tractor to NEM Construction

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(From left to right) Deepthi Hewageegana (CEO - UTE), Mani Rajan (Director Distribution - India), Joe Moscato (Vice President - Distribution - Japan & Asia South (India & SE Asia) Caterpillar Inc), Raja Nanayakkara (Chairman / MD - NEM Construction), Prasan Fernando (Chairman - UTE), Priath Fernando - (Director - UTE), Duminda Perera (Senior General Manager - Operations)

Caterpillar equipment dealer UTE has delivered the country’s largest Cat D8 Track-Type Tractor to NEM Construction Pvt. Ltd., marking a significant milestone in heavy machinery. This delivery strengthens the long-standing partnership between UTE and NEM Construction, which spans over 45 years. The Cat D8 is expected to boost operational efficiency in large-scale projects. As the sole authorized dealer for Caterpillar in Sri Lanka, UTE continues to provide top-tier machinery and after-sales support. The handover is particularly notable as Caterpillar celebrates its 100th anniversary. NEM Construction’s Chairman, Raja Nanayakkara, praised the Cat D8’s superior performance and UTE’s unmatched service and parts support, which have been key to the company’s long-term collaboration. This purchase highlights the continued trust in both Caterpillar and UTE’s expertise in supporting Sri Lanka’s construction industry.

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