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‘Amba Yaalu’ changes face of SL’s hospitality industry with all-women operated hotel

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Dignitaries at the ceremonial launch of ‘Amba Yaalu’.

By Harischandra Gunaratna

Changing the face of hospitality in Sri Lanka, Thema Collection during the weekend ceremonially opened its latest theme hotel, the four star ‘Amba Yaalu’, fully operated and managed by women, on the banks of the picturesque Kandalama Lake.

Chairman of the company, Chandra Wickremesinghe said, “Our objective is to empower women by opening new frontiers for them in the hospitality industry which is a male- dominated profession and, to harness their talents.

“The company has invested Rs. 800 million on the property with 50 percent on bank loans and the rest from private funds, while the land was leased by the Mahaweli Authority.

‘We envisage a radical change with more women joining the hospitality industry and our women need not seek employment in other countries, leaving their families , if they can be gainfully employed here, Wickramasinghe said.

‘Amba Yaalu’ has a mix of experienced hoteliers as well as raw home grown talent who have been trained in-house to run different functions in the hotel with Thema Collection laying emphasis on training.

“We plan to recruit more young women from the locality and provide them intense training to handle different functions in the hotel, said Maxime Wickramasinghe, a director of the hotel.

The resort located in a 6 1/2 acre mango grove surrounded by 457 Mango trees, features 33 elegantly designed rooms, including 4 suites with an Ayurvedic spa, Yoga terrace and a dedicated Vegan restaurant. Thema Collection was inspired by the 1957 iconic novel of the same name, ‘Amba Yaluwo’ (Mango Friends), authored by T.B.Illangaratne and later translated into several languages, including English.

The essence of ‘Amba Yaalu’ is bonhomie and camaraderie and unsurpassable hospitality.



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Ceylinco Life agent among three global finalists for award

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Ceylinco Life’s Ambalantota branch agent AIP Manjula

Ceylinco Life’s Ambalantota branch agent AIP Manjula has been named one of three global finalists for the prestigious Insurance Agent of the Year award at the 11th Asia Trusted Life Agents & Advisers Awards (ATLAA) 2026.

The recognition places a Sri Lankan insurance professional among the finalists in a regional field spanning South Asia, Southeast Asia, East Asia and the wider Asia-Pacific region.

Ceylinco Life said the achievement reflected the calibre and customer-focused approach of its agency force, while recognising Manjula’s professionalism and commitment to policyholders.

The award evaluates insurance agents on criteria extending beyond sales performance, including ethical conduct, client service, policy persistency, digital adoption, innovative practices and contributions to the insurance industry and community.

The awards are organised by Asia Advisers Network and Asia Insurance Review, with LIMRA as co-organiser. An independent judging and balloting process is monitored by KPMG as the official scrutineer. The judging panel comprises senior insurance executives, association presidents and industry experts from across the Asia-Pacific region.

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CEAT Kelani retains AA+ rating for sixth year

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CEAT Kelani Holdings (CKH) has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year, reflecting the company’s financial resilience and leading position in Sri Lanka’s pneumatic tyre market.

The ‘AA+(lka)’ rating, the second-highest on Fitch’s national scale, indicates a very strong capacity to meet financial commitments.

Fitch said CKH’s established market leadership and resilient financial profile remained key strengths, while noting its exposure to price-sensitive, cyclical and highly competitive markets.

The Stable Outlook reflects expectations that the company will maintain its market position despite rising input costs and increasing competition from imported tyres, while preserving adequate credit metrics during periods of weaker earnings and higher investment.

Fitch expects CKH’s established brand, extensive dealer network and adaptive pricing strategies to support its market position. Planned production facility upgrades are also expected to improve product quality, particularly in the radial tyre segment.

The rating agency expects near-term pressure on margins from higher raw material and energy costs but said the company’s low leverage and sound liquidity would provide a cushion.

CKH Chairman Chanaka De Silva said the rating reinforced the company’s focus on disciplined financial management, operational adaptability and long-term investment.

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Commercial Bank leads nationwide aquatic clean-up drive

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Sanath Manatunge, Managing Director/CEO of Commercial Bank and some of the Bank’s staff participating in the coastal cleanup programme

Commercial Bank of Ceylon mobilised employees, customers, volunteers and community members for a nationwide coastal and aquatic clean-up campaign across 20 locations on September 19 to mark International Coastal Cleanup Day 2026.

Conducted under the bank’s sustainability platform, themed ‘Forward Together for a Cleaner Future’, the initiative covered 16 coastal locations and four inland waterways, bringing together stakeholders for a coordinated environmental conservation effort.

The flagship programme was held at Mount Lavinia Beach, with additional activities at Wellawatte and Galle Face beaches. Similar initiatives were conducted by the bank’s regional offices at locations including Kalutara, Negombo, Trincomalee, Batticaloa, Puttalam, Jaffna, Galle, Dondra, Tangalle and along the Mahaweli River.

Employees, management, Future Force volunteers, customers and their families participated alongside the Marine Environment Protection Authority (MEPA), United Nations Global Compact Network Sri Lanka, government and local authorities, environmental organisations and community members.

The bank said the initiative reflected its commitment to water stewardship after adopting Sustainable Development Goal 6 — Clean Water and Sanitation — as a priority goal in 2025.

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