Business
Excel World presents the Coolest Place in Colombo
In keeping with the spirit of the upcoming festive season, Excel World will kick-start the holidays by bringing back its much-loved and iconic Snow World. After a three year hiatus, the unique ice-inspired space will be relaunched to the public in a new way by offering enhanced imaging, lighting and more. These innovative features will play a key role in transporting visitors of all ages to an icy Alpine experience reminiscent of Santa’s snowy winters in the North Pole. In addition to this, Excel World will host a “Festive Carnival” consisting of games and entertainment curated specially for the entire family.
With a footfall of 450,000-500,000 to Excel World since 2017, the number of visitors to Snow World averaging 1,500 daily and following its three year break, a renewed interest and increase in customers is expected this December. The space encompasses crushed ice which runs on 45 minute cycles and is refreshed every few hours to maintain a chilly experience. This season, ice-activities will include a frosty Igloo, Christmas Tree made from twinkling lights, a handcrafted Snowman, larger-than-life Candy Cane, live DJ, Photographer, Games and other holiday fun.
Snow World will be in operation from the 13th-31st of December with long-term plans of extending it to the public as a unique event space. From snow-filled product launches and corporate gatherings, to kids’ parties and even weddings, the venue entails endless opportunities for a one-of-a-kind icy experience that is offered only at Excel World.
Commenting on the re-opening of Snow World, Head of Operational Excellence – Browns Hotels & Resorts and Excel World, Devika De Alwis-Saelen said, “We at Excel World are pleased to play a pivotal role in Colombo’s seasonal festivities this year. A snowy experience always and continues to go hand-in-hand with the feeling and spirit of Christmas which is also reminiscent of Santa Claus and the North Pole. We have been diligently working behind the scenes to ensure we curate and bring to life a whimsical wonderland and we hope this creates wonderful memories for everyone who visits.”
Excel World, Colombo’s most popular entertainment park for the entire family is owned and managed by Excel Restaurants Ltd. Following its renovations in the recent past, Excel World offers a range of food outlets and restaurants in addition to its popular Darley Road Pub and Brick Lane Coffee House along with its upgraded banquet and conference facilities. Excel Restaurants Ltd., is owned by the Browns Group, which is also a part of LOLC, one of the largest diversified conglomerates in Sri Lanka. The Browns Group manages a fast-growing and valuable portfolio of brands across several key industry sectors, such as power generation; home and office solutions; agriculture and plantation support services; pharmaceuticals; investments; marine and manufacturing as well as leisure and hospitality.
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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