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Celebrating sustainability and creativity with HSBC Premier

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Invites Junior Premier account holders to submit creative drawings that envision a sustainable future for everyone

To help inculcate the core principles of creating a more sustainable future in HSBC’s journey towards net zero, HSBC Sri Lanka has launched a creative art competition that invites all its existing Premier Junior account holders from different age groups to submit a drawing that illustrates their vision for the future of the planet, whilst also encouraging them to think responsibly about managing their own carbon footprint.

Stuart Rogers, Interim CEO for HSBC Sri Lanka and Maldives said, “The transition to net zero is one of the key pillars of the bank’s strategy. This means our engagement and commitment will be for the long-haul and that’s why we believe that whether you’re an individual, family or business, the planet we live in provides for us in every way; however, the footprint we leave behind creates larger ripples that harm it. We are excited to engage our next generation through this competition so that we can inculcate sustainable thinking and encourage them to think about their own carbon footprint and how they envision the net zero future from their perspective.”

The competition is open to all HSBC Premier Junior account holders in Sri Lanka aged from 6 – 18 years, to share their drawings based on the following four themes;

Sustainable Planet Responsibly interacting with the planet today to avoid harming it tomorrow Sustainable Work

Responsibly innovating on products and services that have the least or zero impact on the planet. Sustainable Living Responsibly planning your lifestyle for the future, so that it remains secure from external factors. Sustainable Supply Chains Responsibly carrying out sourcing of raw materials for production with the least environmental impact To qualify entries must reach their family’s Premier Relationship Manager on or before the 20th November 2021. Selected entries will be chosen to be featured in the HSBC Sri Lanka 2022 desk calendar, and the winners will also get a special gift pack of art supplies.

This comes in the backdrop of the recent COP26, the UN global climate summit that further highlighted key actions by HSBC to become carbon-neutral by 2030, and to help its customers do the same by 2050. HSBC has committed USD750 billion and USD1 trillion over the next 9 years to help businesses, customers and their communities make that green transition and reduce the impact on this planet.

Through the bank’s business plan for the planet, HSBC is committed to partnering with individuals and businesses to help drive a sustainable future while placing the focus on three areas: helping customers transition to net zero carbon emissions; scaling up new technologies; and building global partnerships to create common standards.

The bank notes that businesses need a partner with the understanding, the capabilities and the resources to help them make the transition to a sustainable model, and HSBC can become their partner, to provide them with the financial assistance needed to make that happen. For details visit www.hsbc.lk/juniorcalendar.



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JAT Holdings celebrates the 6th Pintharu Abhiman Convocation, uplifting over 800 painters through NVQ certification

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JAT Holdings PLC marked a significant milestone with the successful conclusion of the 6th JAT Pintharu Abhiman Convocation, recognising more than 800 painters who have earned their NVQ Level 3 qualification, an internationally recognised professional certification delivered in partnership with the National Apprentice and Industrial Training Authority (NAITA).

JAT Pintharu Abhiman was established to uplift Sri Lanka’s painter community through structured skills development, professional recognition and stronger earning potential. This year’s graduating cohort reflects the programme’s expanding reach and the tangible changes it continues to deliver for individuals, families and communities.JAT in collaboration with NAITA has streamlined the certification process such that what would traditionally take up to six months has been refined into an efficient and high-impact three-day assessment model. This approach ensures painters can obtain their qualification without sacrificing extended periods of work, while JAT fully absorbs the certification cost, removing financial barriers and enabling wider access to formal recognition.

Research conducted amongst NVQ qualified participants shows meaningful improvements in livelihoods, with 90 percent reporting increased personal confidence and 76 percent noting an improvement in their overall standard of living. This uplift demonstrates the long-term value of industry-aligned professional training.

A noteworthy moment at this year’s convocation was the recognition of four female painters who received their NVQ certifications. Their achievement marks an important step in broadening female participation in a field that has historically been male dominated, reinforcing JAT Holdings’ commitment to creating inclusive pathways for technical development and sustainable employment.

Speaking at the ceremony, Mr. Wasantha Gunaratne, Director Sales and Technical (South Asia) of JAT Holdings PLC, said:

“Pintharu Abhiman is fundamentally about development, giving painters the knowledge, structure and recognition they need to progress in their careers. By equipping over 800 painters with an internationally recognised NVQ qualification, we are not only strengthening the technical standards of the industry but also creating real pathways for entrepreneurship and financial independence. It is especially encouraging to see that one in five certified painters have already begun building their own businesses. These are the outcomes that matter because they show that when we invest in skills, we unlock opportunity. JAT remains committed to expanding these avenues so every painter has the chance to grow, lead and build a sustainable future.”

The 6th JAT Pintharu Abhiman Convocation underscores JAT’s continued dedication to uplifting the painter community, enhancing industry standards and supporting national skills development through accessible, professionally recognised qualifications.

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Industry bodies flag gaps in Draft National Electricity Policy

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The Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Association Forum, National Chamber of Commerce of Sri Lanka and Sri Lanka Association for Software and Services Companies, has submitted joint observations on the Draft National Electricity Policy, highlighting that several key issues have not been adequately addressed.

Whilst recognizing the need for reform in the electricity sector, the submission flags several gaps in the draft policy that require closer attention. Key areas such as affordability, decarbonisation commitments, incentives for renewable energy, competition, and the long-term financial health of the sector are either missing or not addressed in sufficient depth.

The proposed tariff revisions outlined in the draft energy policy raise concerns, particularly regarding the removal of cross-subsidies and the proposal to restrict subsidies exclusively to households consuming less than 30 kWh per month. Without detailed analysis, these measures could weaken access to sustainable and affordable energy and potentially lead to fiscal risks.

The provisions allowing uncompensated curtailment, removing feed-in tariffs, and imposing mandatory time-of-use tariffs on rooftop solar users could make renewable energy projects un-bankable for international lenders, thereby increasing the cost of capital for Sri Lanka.

Calling for a more future-focused approach, the submission stresses the need for a policy that reflects modern electricity systems, including planning for the energy transition, energy storage, market competition, cross-border electricity trading, and emerging technologies.

The Chambers and Associations request a comprehensive revision of the Draft National Electricity Policy, alignment with the Electricity Act, and resubmission following substantive consultation, and reiterate support to engage constructively with policymakers to shape a policy that supports affordability, investment confidence, and Sri Lanka’s long-term energy security.

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Bank of Ceylon partners with 36th APB Sri Lanka Convention

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Bank of Ceylon (BOC) partnered with the 36th Annual Convention of the Association of Professional Bankers (APB) Sri Lanka, reaffirming its commitment to promoting professional excellence and knowledge sharing within the banking sector. The partnership was officially handed over by Sameera D. Liyanage, Chief Marketing Officer of Bank of Ceylon and M. R. N. Rohana Kumara, Deputy General Manager Business Revival Unit of Bank of Ceylon, reflecting BOC’s focus on empowering banking professionals and supporting the sustainable growth of Sri Lanka’s financial services industry.

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