Business
Best in Class Innovation from Janashakthi Life
Short Term premium payment and Long Term protection – ‘Janashakthi Flexipay’
Upholding its vision to provide protection and security for its policyholders, Janashakthi Insurance PLC has launched Janashakthi Flexipay, a short-term premium payment product which provides long-term protection to policyholders and their families. This unique solution is ideal for individuals who are not comfortable investing in long term financial commitments.
Having understood this need, Janashakthi Life introduced a policy whereby the customer can pay off their total premium within 3-5 years of the policy and receive coverage for upto 40 years. Customer has the flexibility to customize their own policy by adding the protection & health covers as desired, making this the most attractive and complete life insurance product at offer, to cater to the long-term insurance needs of the customer. Janashakthi Flexipay can also be packaged with many other life insurance benefits such as critical illness, hospitalization coverage and many more.
“Flexipay has been designed as a solution for customers who finds it challenging to commit to long term investments. Through this product, we have successfully eliminated the hassle of life long premium payments. Janashakthi Flexipay was able to mark itself as a successful product, by the popularity received with only after few days of being launched to the market – further confirming our values and commitments of being a customer-centric life insurance company. Flexipay is yet another addition to our innovative product portfolio that meets the evolving needs of the people, with this launch Janashakthi Life is demonstrating its true spirit of innovation and further support to strengthen the life insurance product portfolio.” commented Ravi Liyanage, Director / CEO of Janashakthi Insurance PLC.
Janashakthi has successfully introduced many ground-breaking products in the recent past, including Janashakthi Covid Guard, specifically designed to provide much-needed financial support during the pandemic and which includes coverage for COVID-19 related death, accidents, loss of income due to being hospitalized/quarantine in a government authorized facility and also, coverage for being admitted in the ICU due to COVID-19 and Life Unlimited, which provides lifelong hospitalization insurance. Janashakthi Good Health Global Health Passport is yet another addition to the growing portfolio of products where it provides customers with international hospitalization coverage, whether it be a planned hospitalization with prior Janashakthi approval or an emergency hospitalization while travelling abroad.
Janashakthi provides a range of Life Insurance solutions and services that cater to different stages of the life cycle of an individual, from childhood to retirement including educational needs, savings and investments, health requirements and mortgage protection. The company’s insurance products are backed by technology – leveraging on the company’s digital transformation strategy for growth. A range of functions from customer onboarding, premium payments, policy performance, premium receipts, claim management, policy servicing and swift communication have been digitalised. The Janashakthi Life App too was launched as an interactive self-service insurance mobile app to provide efficient and reliable seamless user experience. Moreover, Janashakthi Life continues to strengthen its digitalization drive through the introduction of multiple ways of paying premiums through online platforms and bank transfers.
Committed to improving equitable access to its products and services, Janashakthi Insurance continues its branch expansion drive, with a network of 75 branches across the country. The company’s sales force serves communities with professionalism, resulting in as many as 108 sales personnel qualifying for the internationally reputed Million Dollar Round Table in 2021.
As an innovator and pioneer in the Life Insurance industry, Janashakthi Insurance PLC is bringing to life its purpose of empowering dreams and uplifting the lives of the people of the nation.
Business
Ambeon Securities hosts exclusive investor forum on Sri Lanka’s economic and market outlook
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.
Business
Tata Group leads humanitarian education support initiative with DIMO and ChildFund
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.”
Business
NovaNest Properties launches Rainbow Apartments in Ratmalana
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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