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“Contracting on Cloud” of Sino-Sri Lankan tea enterprises extends the friendship from the Silk Road

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The picture shows the tea enterprises of China and Sri Lanka signed the cooperation intention agreements

Kunming, May 21  On the 21st day, at the launching ceremony of Cultural Exchange Events – Sri Lanka of 2022“Beautiful China, Colorful Yunnan” and International Tea Day Activities held in Kunming, Yunnan Province. The tea enterprises of China and Sri Lanka signed the cooperation intention agreements in the form of “contracting on cloud”. The two sides plan to join hands to extend the friendship from the Silk Road, share business opportunities, and seek common development.

Tea is an ancient medium of cultural exchange between China and Sri Lanka, and it also witnessed the deep friendship and close relationship between the two countries since the establishment of diplomatic relations 65 years ago. More than 600 years ago, Zheng He, a native of Yunnan Province, led seven fleet voyages to the “Western Seas” to promote economic, trade and cultural exchanges through the Maritime Silk Road. Today, Zheng He Temple (Sam Poh Kong Temple), Zheng He Bridge, and Zheng He Monument in Sri Lanka are still “telling” this part of history.On the same day, Yunnan Changninghong Tea Industry Group Co., Ltd. signed a cooperation intention agreement with RGC ENTERPRISES of Sri Lanka. The two sides are about to use tea as a link to pave the road to common development and win-win cooperation.

The picture shows the introduction of Changning Black Tea.

According to the introduction of Yang Binbin, Secretary of the CPC Changning County Committee and Head of Changning County, Changning Black Tea, with the outstanding sweet and fragrant aroma is a business card of Yunnan. In 1987, Nataniel, a world bank expert from Sri Lanka, traveled a long distance to Changning to visit tea gardens, and forged a profound friendship with the people of Changning. In 2021, the output of Changning black tea touched 14,900 tons. The products have been sold to more than 30 countries and regions, with a total export volume of 1,290 tons. “Changning Black Tea is the wonderful gift from Yunnan to the world,” said Yang Binbin.Dharmasena, Chairman of Sri Lankan RGC ENTERPRISES, said that tea originated in China, and Sri Lanka also has a long history of tea growing. “I hope, through cooperation with Chinese tea enterprises, the tea industry of both sides will be upgraded to a higher level,” said Dharmasena.

On that day, the launching ceremony of Cultural Exchange Events – Sri Lanka of 2022 “Beautiful China, Colorful Yunnan” and International Tea Day Activities is held in Kunming, China, Colombo, Sri Lanka, Islamabad, Pakistan, New Delhi, India, and Kathmandu, Nepal both online and offline. These activities are sponsored by the Information Office of Yunnan Provincial People’s Government and the Foreign Affairs Office of Yunnan Provincial People’s Government and last 70 days.



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HNB Finance bags 2 CMA Reporting Awards 2025

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Prof. Ho Yew Kee presents the award, while Rajeeva Bandaranaike hands over the certificate to the HNB Finance team. Featured (right to left): Thushara Jayasekara – Chief Manager / Head of Corporate Planning & Analytics; Randula Munindradasa – Assistant Manager Planning & Analytics; Sandakelum Jayathunga – Senior Manager – Financial Reporting; Maheshika Samarakoon – Manager – Strategy Implementation & Reporting

HNB Finance PLC has been honoured with two prestigious accolades at the CMA Excellence in Integrated Reporting Awards 2025, reaffirming the company’s commitment to transparency, good governance, and integrated business performance.

At this year’s ceremony, HNB Finance PLC was awarded Second Runner Up – joint in the category of “Best Integrated Report , Finance and Leasing Sector”, and also received a Merit Award in recognition of its continued efforts to enhance reporting quality and strengthen stakeholder communication.

The CMA Excellence in Integrated Reporting Awards, organised annually by the Institute of Certified Management Accountants (CMA) of Sri Lanka, acknowledge organisations that demonstrate superior financial reporting standards aligned with global best practices. Winners are assessed on key criteria such as financial performance and strategic management, corporate governance and compliance, innovation and digital transformation, sustainability practices, and professional excellence.

Chaminda Prabhath, Managing Director/CEO of HNB Finance PLC, commented on the recognition, “These awards reaffirm our commitment to upholding the highest standards of integrated reporting and transparent financial disclosure. At HNB Finance, we remain focused on delivering sustainable long-term value through robust governance frameworks, prudent financial management, and continuous innovation. The acknowledgement by CMA Sri Lanka reflects the disciplined efforts of our teams across the organization and motivates us to further enhance our reporting quality, strengthen ESG integration, and reinforce our stakeholder centric approach.”

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ComBank joins ‘Liya Shakthi’ scheme to further empower women-led enterprises

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Mithila Shyamini, Assistant General Manager – Personal Banking at Commercial Bank and Jude Fernando, Chief Executive Officer of the National Credit Guarantee Institution exchange the agreement in the presence of representatives of the two organisations

The Commercial Bank of Ceylon has reaffirmed its long-standing commitment to advancing women’s empowerment and financial inclusion, by partnering with the National Credit Guarantee Institution Limited (NCGIL) as a Participating Shareholder Institution (PSI) in the newly introduced ‘Liya Shakthi’ credit guarantee scheme, designed to support women-led enterprises across Sri Lanka.

The operational launch of the scheme was marked by the handover of the first loan registration at Commercial Bank’s Head Office recently, symbolising a key step in broadening access to finance for women entrepreneurs.

Representing Commercial Bank at the event were Mithila Shyamini, Assistant General Manager – Personal Banking, Malika De Silva, Senior Manager – Development Credit Department, and Chathura Dilshan, Executive Officer of the Department. The National Credit Guarantee Institution was represented by Jude Fernando, Chief Executive Officer, and Eranjana Chandradasa, Manager-Guarantee Administration.

‘Liya Shakthi’ is a credit guarantee product introduced by the NCGIL to facilitate greater access to financing for women-led Micro, Small, and Medium Enterprises (MSMEs) that possess viable business models and sound repayment capacity but lack adequate collateral to secure traditional bank loans. Through NCGIL’s credit guarantee mechanism, Commercial Bank will be able to extend credit to a wider segment of women entrepreneurs, furthering its mission to drive inclusive economic growth.

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Prima Group Sri Lanka supports national flood relief efforts with over Rs. 300 Mn in dry rations

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Defence Secretary Air Vice Marshal (Retd) Sampath Thuyacontha receiving the donation from Sajith Gunaratne - General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera - General Manager of Ceylon Grain Elevators PLC

Prima Group Sri Lanka has pledged assistance valued at over Rs. 300 million, providing essential Prima food products to support communities affected by the recent floods across the island. This relief initiative is being coordinated through the Ministry of Defence to ensure the timely and effective distribution of aid to impacted families.

As part of this commitment, Prima Group Sri Lanka donated a significant stock of Prima dry rations to the Government of Sri Lanka on 30 November. The consignment will be distributed across multiple severely impacted districts. These supplies will support families facing disruptions to daily life, ensuring they receive assistance as recovery efforts continue.

The handover took place at the Ministry, where the donation was received by the Secretary of Defence, Air Vice Marshal (Retired) Sampath Thuyacontha. Representing Prima Group Sri Lanka, Sajith Gunaratne – General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera – General Manager of Ceylon Grain Elevators PLC, officially presented the donation.

Prima Group has been standing with the people of Sri Lanka for over 40 years, and this donation reflects its broader commitment to the nation during challenging times. As relief operations continue across the island, the company remains focused on helping families rebuild their lives and supporting the ongoing recovery process in collaboration with the Government Authorities.

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