Business
ComBank announces 3rd ‘Arunalu Siththam’ art competition for young Sri Lankans
The Commercial Bank of Ceylon has announced that the Bank’s popular children’s art competition ‘Arunalu Siththam’ is back for a third year, extending an invitation to young Sri Lankans countrywide to express themselves through their artistic talents.
Open to children between the ages of four and 16, the competition hosted under the banner of the Bank’s popular children’s savings account ‘Arunalu’ will reward young artists with 137 cash prizes of a cumulative value of Rs 2 million. Another 250 participants will also receive merit certificates. Following the success of last year’s online competition, the 2022 edition too will take place online, the Bank said.
Participants can submit their drawings under five categories: Pre-school (ages 4-5), Primary (ages 6-7), Post Primary (ages 8-10), Junior (ages 11-13), and Senior (ages 14-16). While the younger contestants will have complete freedom to draw on a topic of their choosing on A3 size paper, participants in the Junior and Senior Categories are requested to create art exploring the themes – ‘Becoming a good child,’ and ‘Humanity,’ respectively, on 14×18 inch paper.
As the competition is designed to promote creativity among children, draw out hidden talent and encourage artistic flair, the Bank said the competitors may choose a medium of their preference to colour their ideas on paper, avoiding sticky and non-drying types of paint.
Applicants can submit their drawings and paintings by simply visiting www.arunalusiththam.lk any day between the 1st September and 15th October 2022 and uploading a scanned copy of their completed art along with the relevant details. The drawing should be in JPEG format and should not exceed 5MB in file size. Submissions are limited to one drawing per contestant and should be an original piece of work, never-before submitted to any other competition.
During submission, applicants will be asked to complete details regarding their full name, date of birth, address, email address, telephone number, name of parent or guardian, and name of school and address. When a drawing is selected for the final round, applicants will be required to send in the hard copy of the drawing to the Bank. Upon winning a prize, the original drawing must be certified by the child’s school principal, Grama Niladhari, a lawyer or by a Justice of the Peace.
The Bank said 25 of the youngest contestants who submit the most creative drawings in the Pre-School category will be awarded a cash prize of Rs 10,000 each with certificates. Another 50 participants in this category will also receive Merit Certificates.
Furthermore, the drawings that win first place in the other four categories will each be awarded a cash prize of Rs 100,000, while the second and third placed drawings in these categories will receive cash prizes of Rs 75,000 and Rs 50,000 respectively, along with certificates.
In each of the Post-Primary, Primary, Junior and Senior categories 25 contestants will also receive Awards of Excellence with cash prizes of Rs 10,000 each along with 100 certificates. Another 50 contestants from each of these four categories will be awarded Merit Certificates. All cash prizes will be credited to Arunalu Children’s Savings Accounts of Commercial Bank.
Commercial Bank will reserve all rights to the submitted drawings and all decisions made by a veteran panel of judges regarding winners will be final, the Bank said.
Commercial Bank launched the ‘Arunalu Siththam Art Competition’ in 2017. The flagship children’s savings account of Commercial Bank, Arunalu, after which the competition was named, offers a higher interest rate for Children’s Savings Accounts and rewards account holders with special cash prizes if they score the first, second or third highest aggregate marks in their schools at the Year 5 Scholarship Examination.
Sri Lanka’s first 100% carbon neutral bank, the first Sri Lankan bank to be listed among the Top 1000 Banks of the World and the only Sri Lankan bank to be so listed for 12 years consecutively, Commercial Bank operates a network of 268 branches and 940 automated machines in Sri Lanka. Commercial Bank is the largest lender to Sri Lanka’s SME sector and is a leader in digital innovation in the country’s Banking sector. The Bank’s overseas operations encompass Bangladesh, where the Bank operates 19 outlets; Myanmar, where it has a Microfinance company in Nay Pyi Taw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.
Business
USA–Sri Lanka Chamber of Commerce plans New York campaign to promote Tourism and Business
Timing aligns with national policy discussions
By Sanath Nanayakkare
The USA–Sri Lanka Chamber of Commerce is exploring an innovative promotional initiative to showcase Sri Lanka’s tourism, cultural heritage, and commercial opportunities in the heart of New York City during the upcoming Christmas and holiday season.
The proposed campaign aims to bring Sri Lanka’s unique identity to one of the world’s most internationally recognized cities through a mobile digital billboard featuring high-quality photographs and videos highlighting the island’s natural beauty, rich heritage, and diverse commercial offerings. Designed to capitalize on New York City’s significant holiday-season foot traffic, the initiative will reach American consumers, international tourists, and potential business partners.
The digital showcase will feature pristine beaches, scenic mountains, waterfalls, tea plantations, wildlife, ancient cities, Buddhist heritage, traditional arts, authentic cuisine, and modern attractions, positioning the country as a premier international travel destination. An interactive QR code linking to comprehensive tourism information will also be incorporated, allowing viewers to directly explore travel opportunities.
Beyond destination promotion, the initiative provides Sri Lankan businesses with a vital platform to introduce their products and services to the American market. Enterprises representing Ceylon tea, spices, food products, gems and jewellery, apparel, handicrafts, wellness, hospitality, and tourism will have the opportunity to showcase their brands alongside the broader national campaign.
The Chamber notes that this effort will be particularly beneficial for small and medium-sized enterprises (SMEs) seeking greater international exposure, brand recognition, and commercial partnerships in the United States. By integrating tourism promotion with commercial visibility, the project aims to strengthen Sri Lanka’s international image while supporting trade, investment, and business development.
Operating under the central message of “Discover Sri Lanka. Experience Sri Lanka. Visit Sri Lanka,” the campaign presents the island as a destination defined by natural beauty, cultural richness, distinctive products, and entrepreneurial potential. More information on the initiative is accessible at www.usaslcc.org.
Tourism sector stakeholders have welcomed the move, noting that private-sector-led initiatives of this nature bypass cumbersome bureaucratic procurement procedures and complex tender processes typically associated with state-run promotional campaigns abroad.
The timing aligns with recent national policy discussions regarding tourism promotion. Participating in a Fireside Chat at the inauguration of the Sri Lanka Economic and Investment Summit 2026, organized by the Ceylon Chamber of Commerce, President Anura Kumara Dissanayake emphasized that a proper procurement mechanism needs to be established before acquiring tourism promotional concepts, recommending a performance-based system where agencies are compensated according to verified growth in tourist arrivals.
Business
Seylan Bank partners Colombo Motor Show 2026 as official banking and leasing partner
For 10th consecutive year
Seylan Bank PLC, the Bank with a Heart, has reaffirmed its commitment to supporting Sri Lanka’s automotive industry by partnering with the 20th edition of the Colombo Motor Show 2026 as the Official Banking & Leasing Partner for the 10th consecutive year. This makes Seylan Bank the longest-standing partner of the Colombo Motor Show, further reflecting its longstanding association with one of Sri Lanka’s most prominent automotive exhibitions. The four-day exhibition is scheduled to take place from 20th to 23rd November 2026 at the Bandaranaike Memorial International Conference Hall (BMICH), marking the first time the Colombo Motor Show will be held as a four-day event.
As one of Sri Lanka’s leading international motor and motor accessories exhibitions, the Colombo Motor Show will bring together vehicle enthusiasts, prospective buyers, industry professionals and automotive service providers. The 2026 edition is expected to feature over 200 trade stalls covering motor vehicles, accessories, spare parts, lubricants, tyres, batteries, leasing facilities and other motor-related services.
Through its continued partnership, Seylan Bank will showcase a comprehensive range of financial solutions designed to support customers in meeting their personal and business needs, with a particular focus on Seylan Leasing facilities. Visitors to the exhibition will have the opportunity to receive on-the-spot leasing evaluations and expert guidance from Seylan Leasing Specialists, helping them explore vehicle financing options conveniently during the event.
Business
WCIC sharpens focus on scaling women-owned businesses
The Women’s Chamber of Industry and Commerce (WCIC) is sharpening its focus on helping women entrepreneurs move beyond business creation towards sustainable growth, as it expands its membership, partnerships and advocacy footprint.
WCIC Chairperson Gayani de Alwis, concluding her second tenure, highlighted the Chamber’s efforts had increasingly centered on creating pathways for women to translate entrepreneurial ambition into viable enterprises and, importantly, build those businesses for the longer term.
“Ultimately, our impact is not measured by the number of programmes we conducted, but by the women whose businesses grew, whose voices became stronger, whose horizons expanded and whose contribution to the economy became greater,” she said addressing the WCIC 41st Annual General Meeting (AGM) held on 22 September for which the Chief Guest was Canadian High Commissioner to Sri Lanka and the Maldives Isabelle Martin.
The focus has included a special initiative for female university students with an entrepreneurial mindset, regional chapter initiatives in the Northern Province, capacity-building programmes and the inaugural ‘Beyond Ramp Up’ workshop.
The Chairperson said these initiatives were designed to move women “from aspiration to enterprise, and from enterprise to sustainable growth”, signaling a broader focus on strengthening the progression of women entrepreneurs beyond the initial stages of business formation.
WCIC recorded a 20 percent increase in membership during the period with membership crossing 460 and expanded its ecosystem through a series of strategic partnerships.
Internally, WCIC moved to strengthen its governance framework, revising its Articles of Association to ensure regulatory compliance and introducing a Code of Conduct and Board self-assessment. Clearer organisational roles, job descriptions and performance targets were also introduced as part of efforts to strengthen accountability and professionalise its operations.
Reflecting on her tenure, the Chairperson said the period had been about building a stronger, more connected and professionally governed organisation, while converting its wider ambitions into tangible opportunities for women in business.
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