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AIA reminds you to celebrate diversity everyday

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AIA Insurance, one of Sri Lanka’s Best Workplaces for women for five consecutive years (2018-2022) has dedicated the month of March to celebrate diversity across all strata of women, to reflect on progress made and to call for greater gender equality and inclusivity, not just in the company, but across the country. As usual, AIA celebrates International Women’s Day not just on the 08th of March, but rather an entire month dedicated to recognize, honour and appreciate the role of the woman with a series of carefully curated line of events that are fun, inspirational and educational.

Last year, AIA together with IFC – under the IFC-DFAT Women in Work programme – launched ‘ඇය සුරකින AIA’ – a women’s programme that empowers women across the island and the Company will continue its endeavour to support women to be courageous, confident, to feel valued and appreciated, while ensuring to protect her and provide her with financial security.

Women everywhere want and deserve a future with equal rights and opportunities for all, free from stigma and stereotypes. At AIA Insurance, this is a serious mission. AIA provides numerous benefits for women employees and agents and continues to promote a culture of meritocracy with the aim of providing all employees fair and equal opportunities to bring out the best in them and support them to achieve their career aspirations.

AIA has taken many sustained efforts in this regard and ensured that the Company’s women employees are groomed and encouraged to take up senior leadership roles through a carefully curated unbiased career development process. As a result, today, 41% of AIA’s employees are women, 48% of the sales force are women and 52% among the top 100 high performers. 26% of AIA’s senior management are women with the Company’s women in insurance special roles including 69% in operations and 50% in actuarial. So, there is no limit to their potential.

While a gender inclusive work environment is encouraged, it is noteworthy that at AIA, International Men’s Day is also celebrated each year, to appreciate the strength men bring to all of us. The Company also revamped the ‘New Parents Support Scheme’ where both fathers and mothers can benefit from.

The Company’s commitment goes beyond their employees and extends to their customers, female entrepreneurs and the community as well. AIA is the only Company in Sri Lanka that has conducted a market study on the needs, preferences, and challenges of Sri Lankan women, in collaboration with IFC, to develop a holistic women-centric business strategy. Through the ‘ඇය සුරකින AIA’ platform, AIA hopes to further launch many initiatives for women including employees, agents, customers and community at large. AIA also recently partnered the Women’s Chamber of Industry and Commerce (WCIC) to promote women entrepreneurship across the nation. Further, AIA’s She Protect a first-of-its-kind protection plan provides a higher protection cover to one of the most important customer segments in our market: women. ‘She Protect’ offers a range of optional benefits for women customers to personalise the protection they need based on their lifestyle and desires, for affordable premiums.

AIA is happy to celebrate the progress on diversity, equality and inclusivity, made thus far while not forgetting to keep working towards enabling respect, safety and opportunity for women not only at work but across the country.



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CEB engineers raise alarm over power sector stability

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A senior electrical engineers attached to the Ceylon Electricity Board (CEB) have warned that unresolved structural and policy issues within the power sector could threaten the long-term stability of the national grid, urging authorities to act swiftly to address mounting technical and administrative concerns.

Speaking on condition of anonymity, they said the electricity network was operating under increasing strain due to delayed infrastructure upgrades, financial constraints, and growing demand.

“The national grid is not something that can be managed casually. It requires systematic planning, preventive maintenance, and timely investment. If these are compromised, the risk to system stability increases,” the engineers said.

They noted that several transmission and substation modernisation projects were behind schedule, while ageing thermal plants continued to shoulder a significant portion of the country’s base load demand.

“Engineers are committed to ensuring an uninterrupted supply. But professional expertise must be respected in decision-making. Technical matters cannot be subjected to short-term political considerations,” the engineers added.

Meanwhile, the powerful Ceylon Electricity Board Engineers’ Union (CEBEU) echoed similar concerns, warning that failure to address long standing professional and structural issues could have serious consequences for the power sector.

In a statement, the CEBEU has said that engineers have repeatedly called for reforms that safeguard the integrity of the utility and ensure that operational decisions remain grounded in technical evaluation.

“The electricity sector is a critical national asset. Any attempt to weaken institutional safeguards or bypass professional consultation will directly impact service reliability and long-term sustainability,” the union said.

The CEBEU has stressed the importance of transparent engagement between policymakers and technical personnel, noting that morale among engineers could be affected if their concerns continue to go unheard.

Industry analysts point out that the power sector plays a central role in Sri Lanka’s economic recovery efforts, particularly as the country seeks to expand industrial activity and attract investment. Stability in electricity supply remains a key determinant of business confidence.

The senior engineer stressed d that the objective of raising concerns is not confrontation but preservation of the grid’s integrity.

“Our responsibility is to the public. Electricity powers hospitals, industries, and homes. Safeguarding the system is a national duty,” he said.

With tensions simmering within the sector, stakeholders say meaningful dialogue between authorities, engineers, and trade unions will be crucial in ensuring that Sri Lanka’s power infrastructure remains resilient in the face of growing challenges.

By Ifham Nizam

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CB identifies 24 pyramid scams in Sri Lanka

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The Central Bank (CBSL) yesterday announced that investigations had identified 24 companies and applications operating prohibited pyramid schemes.

In a public notice issued under Section 83C of the Banking Act, No. 30 of 1988 (as amended), the CBSL said the following entities had been “ascertained and determined as prohibited schemes”: Tiens Lanka Health Care (Pvt) Ltd, Best Life International (Pvt) Ltd, Mark–Wo International (Pvt) Ltd, V M L International (Pvt) Ltd, Global Lifestyle Lanka (Pvt) Ltd, Fast3Cycle International (Pvt) Ltd, Sport Chain App / Sport Chain ZS Society Sri Lanka, OnmaxDT, MTFE App / MTFE SL Group / MTFE Success Lanka / MTFE DSCC Group, Fastwin (Pvt) Ltd, Fruugo Online App / Fruugo Online (Pvt) Ltd, Ride to Three Freedom (Pvt) Ltd, Qnet / Questnet, Era Miracle (Pvt) Ltd and Genesis Business School, Ledger Block, Isimaga International (Pvt) Ltd, Beecoin App and Sunbird Foundation, Windex Trading, The Enrich Life (Pvt) Ltd, Smart Win Entrepreneur (Pvt) Ltd, Net Fore International (Pvt) Ltd / Netrrix, Pro Care (Pvt) Ltd and Shade of Procare (Pvt) Ltd, SGO / sgomine.com and I.C.A.N Advertising (Pvt) Ltd and its affiliates icanonlineadvertising.com, bannercuts.com, bannercuts.lk, bannercuts.net and bannercuts.org

The CBSL said pyramid schemes, also referred to as multi-level marketing or direct selling schemes in certain instances, operate as recruitment-based programmes in which members enlist others into an expanding “downline” structure resembling a chain letter.

Under such arrangements, a portion of the fees paid by new recruits is channelled upwards to earlier participants, known as the “upline”, who are fewer in number.

The Central Bank warned that such schemes are inherently unsustainable, with the vast majority of participants at the lower tiers eventually losing their investments, while only a small number of early entrants are able to recover or profit from the funds contributed by subsequent recruits. It noted that when a pyramid scheme collapses, up to 99 per cent of those in the lower levels risk losing their money.

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Church urges patience, warns against interference with Easter attacks probe

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Director of Communications for the Archdiocese of Colombo, Rev. Fr. Cyril Gamini Fernando, yesterday expressed confidence that ongoing investigations into the 2019 Easter Sunday terror attacks would yield meaningful results and urged the public and all stakeholders to exercise patience and allow the probe to proceed independently.

Addressing a media briefing in Colombo yesterday, Fr. Fernando called on all parties to refrain from interfering with the investigations, warning that any attempt to obstruct the process would amount to a grave injustice to the victims.

He said he believed there was credible evidence to warrant the arrest of military intelligence veteran Maj. Gen. (Retd.) Suresh Sallay.

Referring to the coordinated bombings on April 21, 2019, which targeted churches and hotels and claimed nearly 300 lives, Fr. Fernando described the attacks as a “barbaric” act and a “massacre” that killed worshippers attending Easter services as well as individuals from different religious and ethnic communities.

By Norman Palihawadane

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