Business
Ceylinco Life calls for applications for 22nd round of ‘Pranama’ Scholarships

For the 22nd successive year, Ceylinco Life has begun the countdown in its search for another 160 talented young Sri Lankans eligible to win ‘Pranama scholarships’ under the life insurance leader’s flagship rewards programme.
The Company has announced that its branches island-wide will begin accepting applications from 1st March to 31st May 2023, for these scholarships to be awarded under the four-tiered scheme. The 2023 edition of the ‘Pranama Scholarships’ presentation ceremony is scheduled to take place in August.
This year too scholarships to the total value of Rs 11 million are to be presented to children of Ceylinco Life policyholders who have performed exceptionally well in their pursuits of education, sports, arts, and other extracurricular endeavours, the Company said.
To date, a total of Rs 177 million has been disbursed to 3,034 students under this scheme. With the latest edition of ‘Pranama Scholarships’ Ceylinco Life will take this total to Rs 188 million and the beneficiary numbers to 3194.
Ceylinco Life’s ‘Pranama Scholarships’ programme rewards academic as well as extra-curricular achievements with cash prizes for those who achieve the best results in their respective districts at the year 5 Scholarship examination, the GCE Ordinary Level and the GCE Advanced Level as well as for children who excel at an international and national level in sports, arts, drama, invention or creativity.
The 22nd ‘Pranama Scholarships’ programme will reward 25 students who excelled at the 2022 Year 5 scholarship examination with Rs 120,000 each, payable in instalments over five years. Another 25 students who excelled at the 2021 G.C.E. Ordinary Level Examinations will each receive Rs 84,000, payable monthly over two years.
Furthermore, 25 students placed 1st in their districts at the 2021 G.C.E. Advanced Level examinations will receive scholarships worth Rs 144,000 each, payable over three years. Additionally, one-time payments of Rs 30,000 each will be presented to 75 students placed 2nd, 3rd, and 4th in their districts at this same public exam.
In order to recognize excellence in extracurricular activities, the Company, as customary, will also present another ten students who have excelled in sports, art, drama, invention or the creative fields in 2021 and 2022 on a national or international scale, with merit awards, each to the value of Rs 35,000.
Adjudged Sri Lanka’s ‘Brand of the Year’ and ‘Service Brand of the Year’ by the Sri Lanka Institute of Marketing (SLIM) and ‘Best Life Insurer in Sri Lanka’ by World Finance for the ninth consecutive year in 2022, Ceylinco Life has been the country’s leading life insurer for more than half of the 34 years it has been in existence. The Company was also ranked the ‘Most Valuable Life Insurance Brand in Sri Lanka’ by Brand Finance and certified a ‘Great Workplace’ in Sri Lanka for the third consecutive year in 2022. Ceylinco Life has close to a million lives covered by active policies and provides innovative life insurance solutions which offer protection while de-risking the goals and ambitions of the Company’s policyholders.
Business
Strategic roadmap towards a cleaner, sustainable and people-centric energy future

By Ifham Nizam
As Sri Lanka gears up for a transformative shift in its energy sector, the Results Delivery Framework (RDF) 2025-26 lays out a strategic roadmap toward a cleaner, more sustainable and people-centric energy future.
Eng. Pubudu Niroshan Hedigallage, Director General, Power Sector Reforms Secretariat and a member of the Energy Committee, emphasizes the critical role of public awareness and global integration in achieving these ambitious goals.
“The success of our energy transition depends on people being on the same page, says Hedigallage. “We need a unified approach where policies align with public interest, ensuring energy security while reducing our carbon footprint.”
The RDF focuses on three main pillars:
Affordable and Secure, Cleaner Energy Supply
Smart and Sensible, People-Centric Energy
Strategic Global Integration in the Energy Sector
To achieve energy security and affordability, Sri Lanka is set to establish a National Energy Policy & Planning Office (NEPPO) in the first half of 2025. This office will serve as the central body for policy formulation and planning, ensuring a structured approach to clean energy adoption.
A key initiative is the “Rivi Bala Punarudaya” solar program, aiming to add 2,000 MW of solar energy within five years. “Solar power is one of the most viable solutions for Sri Lanka. It’s time to accelerate large-scale adoption, Hedigallage asserts.
Additionally, the government plans to begin competitive procurement for 1,000 MW of wind energy along the Puttalam-Jaffna coastal belt by mid-2025.
Hedigallage stresses the importance of policy reforms to align industrial and regulatory frameworks. “Introducing the Energy Transition Act in late 2025 will harmonize all sector-related laws, ensuring smoother implementation of new initiatives, he explains.
Other people-centric initiatives include:
Amendments to the Electricity Act to facilitate restructuring within the energy sector.
A Demand Response Program, developed with the Ministry of Digital Economy, to optimize energy consumption.
A techno-commercial collaboration program connecting universities, industries and utilities to drive innovation.
The Women-in-Energy National Program, launching in late 2025, to increase female participation in the sector.
Recognizing the importance of international collaboration, the RDF aims to position Sri Lanka as a key player in the global energy market.
A state agency for green hydrogen initiatives will be established in late 2025 to explore hydrogen as an alternative energy source.
By early 2026, a digital risk management dashboard will be launched to monitor reservoir levels, fuel inventories, and energy demand in real time.
The Green Energy Certification Unit, to be established in 2026, will authenticate renewable energy usage with Renewable Energy Certificates (REC).
ESG (Environment, Sustainability, and Governance) frameworks will be introduced to ensure sustainable energy sector practices.
A global energy forum will be launched in 2026 to connect Sri Lanka to international energy value chains.
With these ambitious plans, Sri Lanka is set to become a leader in clean energy in the region. “Our energy future is not just about technology and infrastructure; it’s about people, policy, and partnerships, Hedigallage added.
Business
Mintpay partners with Burger King and other Softlogic Restaurants

Mintpay, a pioneering financial app reshaping how people pay in Sri Lanka, has announced a landmark partnership with Softlogic Restaurants. This collaboration aims to enhance the dining experience for food enthusiasts by offering convenient, secure, and flexible payment options. Softlogic Restaurants, renowned for its portfolio of beloved brands such as Burger King, Popeyes Louisiana Kitchen, Crystal Jade, Delifrance, and Baskin Robbins, will now enable customers to enjoy a wide variety of cuisines through Mintpay’s seamless digital payment solution.
Mintpay Account Manager Sasra Wickrama Arachchi stated, “At Mintpay, we aim to transform every payment into a rewarding moment, and we believe this partnership with Softlogic Restaurants delivers on that promise, making every meal more rewarding.”
Mintpay Senior Business Development Executive Faziha Farhan added, “At Mintpay, we’re always expanding our network by partnering with brands that share our vision for seamless and rewarding payments. We’re excited to welcome Burger King, the first global QSR brand in Sri Lanka to integrate Mintpay, alongside other renowned Softlogic restaurants. This partnership marks another step in transforming the dining experience for all our customers, offering greater flexibility and convenience whenever they use Mintpay.”
Business
Haleon partners Sri Lanka Dental Association as Official Sponsor for World Oral Health Day 2025

Haleon Sri Lanka formerly known as GlaxoSmithKline Healthcare; the first multinational pharmaceutical manufacturing organization in Sri Lanka, which commenced manufacturing in 1956 with the flagship brands Panadol, Iodex Eno etc., signed a Memorandum of Understanding (MOU) with the Sri Lanka Dental Association (SLDA) as the official sponsor of World Oral Health Day 2025 in Sri Lanka. The formal signing ceremony took take place on Friday, February 28, 2025. The global theme for this year is “A happy mouth is … a happy mind” which emphasises the importance of oral health on quality of life and wellbeing.
The partnership between SLDA and Haleon; Marketers of Sensodyne aims to transform the conventional methods of celebrating World Oral Health Day. The landmark agreement reimagines World Oral Health Day with an awareness-driven approach themed “#BeSensitiveToOralHealth: Take the first step.” The month-long March campaign will educate Sri Lankans about proactive oral healthcare through strategic messaging across traditional and digital platforms, encouraging everyone to prioritize their oral health. The collaboration represents a significant commitment to improving oral health awareness and access to dental care across Sri Lanka.
Haleon and SLDA will work together to extend awareness that results in tangible healthcare benefits nationwide. Free dental screening facilities will be provided across the island, benefiting approximately 50,000 Sri Lankans.
Beginning March 20th, World Oral Health Day, will take place as a national event at Galle Face, Colombo will serve as the campaign centrepiece, offering free dental screenings, oral cancer assessments, and teeth sensitivity tests to increase public understanding of good oral health practices. All SLDA members will actively participate in this nationwide health initiative making quality dental care accessible to communities throughout the country.
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