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Become a Ship’s Captain or a Chief Engineer with Sri Lanka’s First Marine Institute, Mercmarine Training

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Mercmarine Training Students in the practical training Session using Navigation Simulator

Needless to say that the modern day Sri Lankan youth leaves the school with a heavy mind burdened with feelings of uncertainity about their future. As they kick start their next critical phase of life, the staggering task in their hands is to carefully weigh all options before them for higher education and make that all important decision that will determine the course of rest of their lives.

The responsibility lies in the hands of higher education institutes, be it state owned or privately owned, to equip them with right knowledge and skills required for rewarding careers. Mercmarine Training (MSTI) stands out in this regard as the pioneering academy of seafaring professionals that launched successful careers for thousands of Sri Lankan youth in the merchant navy.

Although careers in merchant navy as Deck Officers/ Engineering Officers rank high and way above most other options, it is also the less trodden path to success with fewer individuals opting to pursue it.

Starting out as a cadet officer and climbing up the ladder to become a ship’s captain or a chief engineer not only rewards these individuals with 6 digit, luxurious salaries; it also opens a host of more opportunities. Especially as the seafaring trade is a global profession, merchant navy officers are highly respected and sought after around the world. The skill sets and knowledge they possess are in high demand for a wide range of shore-based professions, thus enabling them to retire from sailing at their will as other exciting career opportunities await them ashore.

As Sri Lanka’s first privately owned marine institute that, started in 1986, Mercmarine Training (MSTI) has been producing world class Sri Lankan seafarers for 35 long years and the quality of these professionals has earned a golden name for the institute globally.

Mercmarine Training’s unwavering commitment has ensured their curricula update at the same pace with changing global technologies and they instill this wealth of knowledge in trainee cadets through state-of-the-art facilities such as advanced simulators. The other major strength that propells Mercmarine’s success if their expert panel of lecturers which consist of veteran seafarers with years of experience under their belt.

As Mercmarine Training prepares for the 1st intake of Cadet Officers for 2022, interested youth can now explore their chance of a succesfull seafaring career with the institute. Students who have studied their A/Ls in either Science, Maths or Technology streams can apply for Deck Cadet or Engineering Cadet courses and they may get in touch with the support staff of the institute to obtain further information or guidance with selection of courses.

Although it’s only a relatively smaller number of youth that seek this career path, it must be noted that an even smaller number of opportunities exist to enroll for a programme. Therefore, interested individuals are advised to take necessary action at their earliest.

Further information about the institue can be obtained from the website: www.mercmarinetraining.net and for guidance/advice you may reach the Mercmarine staff via E mail: apply@mercmarine.net or WhatsApp : 0771216772/3 or Telephone : 0117476100.



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Ambeon Securities hosts exclusive investor forum on Sri Lanka’s economic and market outlook

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The event was organized with the objective of providing investors with valuable insights to make better-informed investment decisions while further strengthening the firm's engagement with its growing client base.

Ambeon Securities recently hosted an exclusive investor forum, bringing together clients, investors, business leaders, and market professionals for an insightful discussion on Sri Lanka’s economic outlook and investment opportunities amidst a challenging global landscape.

The event was organized with the objective of providing investors with valuable insights to make better-informed investment decisions while further strengthening the firm’s engagement with its growing client base.

The forum featured Baqar Zaidi, Director and Chief Economist for Sri Lanka and India at Citi Research, as the keynote speaker. Sharing his perspectives on the evolving global macroeconomic environment, Mr. Zaidi discussed key themes influencing emerging and frontier markets, Sri Lanka’s economic trajectory, and the opportunities lie ahead.

The keynote address was followed by an engaging panel discussion comprising Baqar Zaidi, Aravinda De Silva, respected investor, entrepreneur, and the Chairman of Arcasia Holdings. Hasitha Premaratne, Group Managing Director of Brandix and Asanka Herath, Chief Executive Officer – Unit Trusts and Head of Equities at LYNEAR Wealth Management.

Moderated by Imran Furkan, the panel explored a range of topics including Sri Lanka’s macroeconomic outlook, the future of the Colombo Stock Exchange, sectoral opportunities, capital allocation strategies, investor confidence, and the role of policy reforms in attracting investment and supporting long-term growth.

Speaking at the event, Charith Kamaladasa, Chief Executive Officer of Ambeon Securities, reaffirmed the company’s commitment to facilitate quality insights, informed perspectives, and meaningful dialogue to support their clients while building lasting relationships with them. He noted that in an environment where uncertainty has become the new normal, equipping investors with timely information and expert perspectives is essential for successful wealth creation.

The event was well attended by a distinguished gathering of institutional investors, high-net-worth investors, and business leaders. Among those present were members of the Ambeon Group Board, including Group Chairman Sujeewa Mudalige, Group CEO Dr. Sajeeva Narangoda, and Chairman of Ambeon Securities Mangala Boyagoda. Their presence, together with the participation of Ambeon Group shareholders and valued clients, enriched the discussions and contributed to a vibrant networking session, fostering meaningful dialogue and stronger connections within the investment community.

Through initiatives such as this, Ambeon Securities continues to reinforce its commitment to helping clients navigate evolving market conditions, make informed investment decisions, and achieve their long-term financial goals.

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Tata Group leads humanitarian education support initiative with DIMO and ChildFund

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The Tata Group, in partnership with ChildFund and DIMO, has successfully implemented a humanitarian education support initiative for disaster-affected schoolchildren in Sri Lanka, reaffirming its commitment to helping communities recover from the impacts of Cyclone Ditwah and the subsequent floods.

Following a formal request for support from Sri Lanka, an on-ground assessment was conducted in December 2025. Recognizing the urgent need, several Tata companies joined forces to implement the response program.

As part of this initiative, the ‘Hope in a Backpack’ programme, which provides disaster-affected children with essential educational supplies, was launched by the Tata Group at Taj Samudra, Colombo, in the presence of the Chief Guest, Hon. Prime Minister Dr. Harini Amarasuriya; the Guest of Honour, Hon. Indian High Commissioner Santhosh Jha; Ranjith Pandithage, Chairman of DIMO; Chacko Thomas, Group Chief Sustainability Officer, Tata Sons; and Aditi Ghosh, Country Director, ChildFund.

This initiative is part of DIMO’s Social and Community Pillar, under the project theme ‘Lassana Hetak,’ which focuses on giving the future generation a helping hand towards a better future.

This collective effort was further strengthened by volunteers from Tata and DIMO, who actively mobilized on the ground to pack, distribute, and support affected communities. During the proceedings, specially invited schoolchildren received the backpacks with essential supplies as well.

Commenting on the partnership, Ranjith Pandithage, Chairman of DIMO, said: “DIMO is proud to collaborate on this meaningful initiative alongside the Tata Group and ChildFund as the local implementation and logistics partner. Our relationship with Tata spans more than six decades and has been built on a shared commitment to ethical business practices, trust, and creating lasting value for the communities we serve. These values have shaped our partnership over the years, extending beyond business to initiatives that make a meaningful difference in people’s lives.”

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NovaNest Properties launches Rainbow Apartments in Ratmalana

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Samitha Waidyasekera CEO - NovaNest Properties (Pvt) Ltd

NovaNest Properties (Pvt) Ltd has officially launched Rainbow Apartments, a new residential development in Ratmalana. The announcement was made at an official launch event held at the Shangri-La Hotel, Colombo, marking the company’s latest addition to Sri Lanka’s growing apartment market.

The development is designed to cater to homebuyers seeking modern urban living, as well as investors looking for long-term value. Rainbow Apartments is located in Ratmalana, an area of increasing residential interest, and benefits from the suburb’s established social infrastructure, proximity to major transportation links, and accessibility to Colombo.

The project reflects NovaNest Properties’ commitment to delivering quality residential developments that combine contemporary design with practical living. Intended to satisfy the evolving lifestyle demands of today’s homeowners, Rainbow Apartments features thoughtfully designed living spaces supported by modern amenities. These include two infinity pools, a gym, fully functional workspaces, a mini theatre, stylish cafés, a mini-mart, and a children’s daycare. Additionally, it features a full time medical centre backed by Nawaloka Hospitals PLC Colombo, with a 24-hour ambulance service.

Commenting on the launch, the Chief Executive Officer of NovaNest Properties (Pvt) Ltd, Samitha Waidyasekera, said, “Today’s buyers are looking beyond square footage. In addition to providing long-term value, they want homes that are close to the places where they work, learn, and spend their time. With that shift in mind, Rainbow Apartments was created to bring together a strategic location, thoughtful design, and quality construction in a way that will continue to meet buyers’ needs for years to come. Through our promise of ‘Luxury Beyond Expectations,’ we are committed to delivering an elevated lifestyle experience that combines comfort, convenience, and modern living.

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