Business
Hemas Hospitals planning to link-up with top Singaporean hospitals and universities
By Ifham Nizam
Hemas Hospitals, which celebrates the 15th anniversary of their founding, will join hands with some prestigious medical and academic institutions in Singapore, like Elizabeth Hospital, Alexandra Hospital and National University of Singapore, to tap the latest medical technologies for the betterment of their clients in Sri Lanka.
Responding to The Island Financial Review on their partnerships in Singapore, Dr Lakith Peiris, Managing Director at Hemas Hospitals said they are also working with renowned hospitals worldwide and added that shortly they will set up Sri Lanka’s first Ambulatory Surgical Care Centre in partnership with Alexandra Hospital of Singapore.
Dr. Peiris added: ‘The facility will add to multiple pioneering feats Hemas Hospitals has achieved over the past 15 years, including being the first internationally-accredited Lankan hospital chain.
‘We will look at growth through acquisition of any healthcare assets available for sale or expand the bed capacity at Hemas, Thalawathugoda from 70 to 150.’
‘This would be a costly affair and we would be expanding our labs beyond borders. However, we will stick with the policy that every patient has a right to cost- effective health care.
‘We would also be introducing much needed cardiac care space at Wattala with an investment of Rs. 700 million. This would ease the burden on the state sector, where patients wait for nearly one year to go through cardiac operations.
‘Putting up a fresh 150-bed hospital will cost between Rs. 6 and 7 billion, while acquisitions would cost more.
‘As we mark 15 years, we remain committed to our purpose, “Transforming lives through connected care and innovation”. This means transforming lives by improving health outcomes through patient-centric care, delivering connected care through a seamless integrated approach, enabling interoperability and innovation.
‘At Hemas Hospitals, we are committed to delivering patient-centred care with compassion, love and a true sense of professionalism.’
Business
HNB Finance bags 2 CMA Reporting Awards 2025
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.”
Business
ComBank joins ‘Liya Shakthi’ scheme to further empower women-led enterprises
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.
Business
Prima Group Sri Lanka supports national flood relief efforts with over Rs. 300 Mn in dry rations
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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