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
Mattala Wildlife Unit to boost revenue, tourism and investor confidence
The launch of a dedicated wildlife unit at Mattala Rajapaksa International Airport is expected to deliver significant economic benefits by improving aviation safety, strengthening eco-tourism and enhancing Sri Lanka’s investment appeal, Wildlife Conservation Department Director General Ranjan Marasinghe said.
Speaking at the signing of a Memorandum of Understanding between the Department of Wildlife Conservation and Airport and Aviation Services (Sri Lanka) Limited, Marasinghe said the initiative links conservation directly with national development and revenue generation.
“This is more than an administrative step—it is a forward-looking initiative that aligns conservation, aviation safety and national development in a single strategic effort,” he said.
He noted that wildlife management at airports is globally recognised as essential for reducing bird strikes and wildlife-related disruptions, which can lead to costly repairs, delays and operational losses.
By proactively managing such risks, the Mattala Wildlife Unit is expected to lower potential costs for airlines and airport operators while improving efficiency and confidence among carriers considering future operations.
Marasinghe said the airport’s proximity to premier tourism destinations such as Yala National Park and Udawalawe National Park, together with marine tourism opportunities including Blue Whale watching, gives Mattala a strong commercial advantage.
“This convergence of aviation and wildlife tourism creates an extraordinary opportunity,” he said, adding that the airport has the potential to become a major gateway for high-value eco-tourism.
Industry observers note that wildlife tourists generally spend more on guided safaris, hotels, transport and local experiences, generating stronger foreign exchange earnings and employment opportunities for surrounding communities.
Marasinghe said integrating environmental standards into airport operations would also improve Sri Lanka’s global image at a time when investors and international travellers increasingly value sustainability.
“By integrating environmental considerations into airport operations, we position Sri Lanka more favourably on the global stage, demonstrating that we are a nation committed to sustainability, responsibility and innovation,” he said.
He expressed hope that the Mattala model would be replicated at other international airports, creating long-term savings, stronger environmental governance and wider economic returns.
The Director General said the Department of Wildlife Conservation remains committed to supporting the national economy through new and meaningful avenues while protecting Sri Lanka’s natural assets.
“Conservation must also contribute to development,” he said, stressing that protecting biodiversity and generating growth can go hand in hand.
By Ifham Nizam
Business
Aitken Spence Elevators and CINEC usher in a new era for Sri Lanka’s elevator industry
Aitken Spence Elevators, in collaboration with CINEC Campus, recently held the Certificate Awarding Ceremony for the latest batch of trainees of the Elevator Serviceman Course at the Elevator Training Centre (ETC). The graduates were awarded their NVQ Level 3 certifications, marking a significant milestone in their professional journey within Sri Lanka’s vertical transportation industry.
The certification programme was developed in partnership with the National Apprentice and Industrial Training Authority (NAITA) and the Ministry of Vocational Training & Skills Development, ensuring trainees received industry-recognised qualifications, alongside strong practical competencies. The ceremony was attended by directors of both Aitken Spence and CINEC Campus, as well as staff members, lecturers, and invited guests of the graduating students
Anuka Prashan Pieris was recognised as the Most Outstanding Student of the batch in appreciation of his exceptional performance and commitment throughout the programme. The Elevator Training Centre plays a vital role in addressing the growing demand for skilled elevator service technicians through structured training and hands-on learning. The facility features Sri Lanka’s first Elevator Training Tower, offering trainees practical exposure aligned with both local and international standards.
All graduates of the current batch have already commenced their careers as technicians and supervisors at Aitken Spence Elevators. Their seamless transition into the workforce reflects the programme’s strong emphasis on developing job-ready professionals capable of contributing effectively from day one.
Business
Sterling Steels wins Merit Award at SLIA Annual Product Awards 2026
COLOMBO, SRI LANKA– Sterling Steels (Pvt) Ltd, a premier manufacturer of high-quality globally renowned steel roofing & cladding, announced it has been honored with a prestigious Merit Award at the Sri Lanka Institute of Architects (SLIA) Annual Product Awards 2026. The national recognition was awarded in the highly competitive Zinc-Aluminium Coated Profile Steel Sheet category, underscoring the company’s dedication to excellence, innovation, and superior quality in the Sri Lankan construction industry.
The award was presented during a grand ceremony held at the esteemed Nelum Pokuna Theatre, a key event in the nation’s architectural and construction calendar. The SLIA Annual Product Awards are widely regarded as a benchmark for quality and design excellence, with products rigorously evaluated by a panel of distinguished architects and industry experts. Receiving this Merit Award positions Sterling Steels among the top-tier suppliers of building materials in the country.
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