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Creating an Estimated Ecological Wealth of USD 382,362 through a Nature Corridor

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A Model for Forest Landscape Restoration by Dilmah

The recently concluded World Environment Day 2021 marked the advent of the ‘decade of restoration,’ where the United Nations calls States to take urgent action to revive our damaged ecosystems. It is an attempt to halt the exploitation of sensitive ecosystems and turn towards healing our environment. In its efforts to foster respect for the environment and encourage harmonious coexistence of man and nature, Dilmah initiated through Dilmah Conservation, a Nature Corridor on Endana Estate, in the Sabaragamuwa Province. The initiative focuses on the restoration and revitalisation of a habitat, by connecting two isolated forest patches located in the vicinity of the Sinharaja Rain Forest.

Located on the border of the globally significant Sinharaja Forest Complex, Endana Estate is endowed with many species, both fauna and flora. The estate lies in a part of the land that has separated Iharakanda and Walankanda Forest Reserves by tea plantations and human settlements for over 100 years. The nature corridor was strategically established to connect the two forest reserves so that fauna and flora can migrate freely between the two locations leading to greater genetic diversity. In 2018, Dilmah Founder Merrill J. Fernando uprooted tea plants at the Endana Tea Estate as a symbol of the project’s initiation.

Dilmah ensures to continue monitoring and restoring the habitat, as an initial baseline survey revealed that, it is home to a high level of fauna diversity including 34 endemic species and 20 threatened species, while many birds and mammals use the estate as a route to migrate between the forest reserves. Furthermore, to ensure sustainability, the threatened endemic plant species selected for the restoration were based on micro and macro elements, such as, species distribution patterns in Sinharaja tropical lowland rainforest, and the conservation status of species according to the IUCN Redlist.

“We have conducted several field studies in Endana Nature Corridor since 2018. I would like to highlight our recent estimates of the total ecosystem services of the Endana Nature Corridor. In a mere extent of 60 ha, this corridor generates an annual ecological wealth of US$ 382,362 (approximately 76.3 million rupees). Our estimates are discounted for the secondary forest patches within the corridor and home gardens in comparison to high-valued virgin rainforests in the vicinity. These estimates are vital and should be considered for conservation and development-related decision making in the wet zone forests” says Dr. Nalaka Geekiyanage, the principal scientist. Dilmah is committed to strengthening the habitat through the plant nursery established to house saplings which will soon be planted in the nature corridor and by constant monitoring of climate change impacts to the selected area.

“The environment is central to Dilmah’s business, and Dilmah Conservation was established as an affirmation of this core commitment to environmental sustainability. As Dilmah has grown, I have not forgotten my pledge, and revenue from the sale of Dilmah funds the work of the MJF Charitable Foundation. Our Foundation – I say ‘our’ because every Dilmah tea drinker is a part of the MJF Foundation – has changed the lives of thousands. Its humanitarian service will continue to grow alongside Dilmah,” says the Founder, Merrill J. Fernando.

The nature corridor is situated in a mosaic that bring together local communities, tea estates and forest reserves with rich biodiversity. Engaging local communities is an integral part of the project, that ensure its success and sustainability. From the inception of the project, Dilmah has worked with the local communities; educating, creating awareness, and strengthening livelihoods by providing beekeeping education and the necessary infrastructure, including market alignment for the finished products.

The United Nations Environmental Programme emphasises that commitment to green recovery through reimagining, recreating, and restoring ecosystems is vital. It would allow minimal global temperature rise, ensure food security for a growing population and slow the rate of species extinctions. In addition to the Endana Nature Corridor, Dilmah Conservation has established several other projects under its green recovery programme. These include the Hunuwella pilot project which aims to restore degraded tea lands through a Kandyan Home Garden and eco-agroforestry concept.

(Dilmah news release)

 

 



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HNB Assurance Recognized with Merit Award at the Great HR Awards 2025

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Team HNBA at the Great HR Awards

HNB Assurance PLC was recognized at the Great HR Awards 2025, receiving the Merit Award in the Finance, Insurance, Real Estate, and Investment sector. This recognition reflects the company’s continued commitment to strengthening its people strategy, nurturing a progressive culture, leveraging technology and maintaining strong industrial relations.

Sharing his thoughts on this accomplishment, Lasitha Wimalarathne, Executive Director / Chief Executive Officer of HNB Assurance PLC, stated, “This recognition reiterates our belief that people are the true drivers of our success. Over the years, we have invested significantly in building an environment where our teams feel inspired and supported to deliver their best. As we continue to grow as one of Sri Lanka’s best insurance companies, this award reflects our ongoing efforts to build a workplace where both our people and our business can thrive. My sincere thanks go out to our HR team for continuously driving these initiatives.”

Commenting on the award, Navin Rupasinghe, Head of HR / DGM at HNB Assurance PLC, said, “Our people-first philosophy shapes every HR initiative we design, from strengthening learning pathways and leadership development to enhancing employee well-being and engagement. This recognition validates our ongoing efforts to build a workplace culture grounded in trust, inclusivity and performance. As we look ahead, we remain committed to evolving our HR practices to meet the expectations of our people and the future of work. My sincere thanks to the CIPM for this recignition.”

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MullenLowe Sri Lanka named Creative Agency of the Year in South Asia

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MullenLowe Sri Lanka has been awarded Gold as the Rest of South Asia’s Creative Agency of the Year at the Campaign Agency of the Year Awards 2025, held recently at Mumbai’s ITC Maratha Hotel. The accolade marks a landmark year for the agency, driven by breakthrough ideas, ambitious brands, and a surge in economic activity.

Campaign Agency of the Year – South Asia 2025 (Rest of South Asia – Creative Agency) awarded to MullenLowe Sri Lanka

Guided by a clear creative vision and extensive category expertise across 111 brands in 33 sectors, MullenLowe strengthened its position through strategic leadership appointments, talent acquisition, and the integration of AI-enabled tools. These initiatives created an environment where creativity, learning, and commercial impact worked in tandem, supporting long-standing client relationships and consistent new business momentum.

Thayalan Bartlett, Executive Chairman, said, “Our growth is rooted in a people-first, creative-centred culture. By attracting top talent and focusing on continuous upskilling, we have enriched both our creative and strategic capabilities.”

The agency’s innovation was further enhanced by Fever, its AI-enabled production studio, and LoweGo, a subscription-based design unit, enabling faster and more scalable solutions for modern marketers. Training programs, including an international AI workshop in Baku for top creative minds, helped unify teams around technology-driven creativity, leading to MullenLowe’s highest Effie points haul in a decade.

Harendra Uyanage, Senior Vice President and Executive Creative Director, added, “This recognition celebrates a team that constantly stretches its creative boundaries, transforming every brief into opportunity.”

The win adds to a series of recent accolades, including Most Effective Agency of the Year at the 2024 Effie Awards, and multiple awards at Dragons of Sri Lanka and SLIM Digis 2025, cementing MullenLowe’s vision to become Sri Lanka’s most commercially impactful creative company by 2030.

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ComBank named Sri Lanka’s Best Trade Finance Bank at Euromoney Awards 2025

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Com Bank honoured for outstanding support to Sri Lanka’s trade sector

The Commercial Bank of Ceylon PLC was named Sri Lanka’s Best Trade Finance Bank at the prestigious Euromoney Transaction Banking Awards 2025, in recognition of the Bank’s strong performance and continued contribution to supporting Sri Lanka’s export and import sectors.

This global recognition from Euromoney, a leading authority in financial markets, celebrates institutions that demonstrate innovation, leadership, and measurable impact in transaction banking across cash management, payments, trade finance, and technology. Commercial Bank is Sri Lanka’s clear market leader in trade finance, commanding a 21% share in exports and a 14.26% share in imports, demonstrating its strong presence across both segments.

In 2024, the Bank supported over US$ 5 billion in trade transactions, underscoring its unmatched role in enabling the flow of goods, services, and foreign exchange. Its leadership has also been recognised regionally by the Asian Development Bank (ADB), which named Commercial Bank its Leading Partner Bank in Sri Lanka for the fourth consecutive year under the Trade and Supply Chain Finance Programme.

At the forefront of Commercial Bank’s recent innovations is ComBank TradeLink, Sri Lanka’s first fully integrated, end-to-end digital trade finance platform. The system brings all trade finance operations – from Letters of Credit to export collections and shipping guarantees – into one secure online interface, providing customers real-time visibility, faster processing, and paperless convenience. This digitalisation drive has redefined the client experience, reduced manual processes and improved turnaround times across thousands of transactions.

The Bank’s commitment to advancing Sri Lanka’s trade sector extends beyond technology. Through initiatives such as the ComBank Trade Club, which facilitates connections between buyers and suppliers both locally and internationally, and ComBank LEAP | GlobalLinker, a digital business networking platform for SMEs, the Bank is actively building bridges between Sri Lankan entrepreneurs and global markets. Its Diribala Exporter Development Programme further empowers micro, small, and medium enterprises to become export-ready, providing access to expert guidance, training, and financial support.

Reflecting on the award, Commercial Bank said the recognition from Euromoney was a tribute to the trust placed in the Bank by Sri Lanka’s exporters and importers, and to the dedication of its trade finance teams who continue to innovate and deliver excellence in a rapidly evolving global landscape.

As Sri Lanka’s largest private sector bank and the first to surpass US$ 1 billion in market capitalisation, Commercial Bank continues to lead in supporting national trade, driving digital transformation, and shaping a more inclusive and resilient export economy, the Bank said.

Commercial Bank was the first bank in the country to be listed among the Top 1000 Banks of the World, and has the highest Tier I capital base among all Sri Lankan banks. The Bank is the largest private sector lender in Sri Lanka and the largest lender to the country’s SME sector. Commercial Bank is also a leader in digital innovation and is Sri Lanka’s first 100% carbon-neutral bank.

Commercial Bank operates a network of strategically located branches and automated machines island-wide, and has the widest international footprint among Sri Lankan banks, with 20 branches in Bangladesh, a fully-fledged Tier I Bank with a majority stake in the Maldives, a microfinance company in Myanmar, and a representative office in the Dubai International Financial Centre (DIFC). The Bank’s fully owned subsidiaries, CBC Finance Ltd. and Commercial Insurance Brokers (Pvt) Limited, also deliver a range of financial services via their own branch networks.

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