Business
HNB General Insurance enters a strategic partnership with HNB Stockbrokers to offer holistic financial solutions
HNB General Insurance Limited (HNBGI) has entered into a landmark strategic partnership with HNB Stockbrokers (Pvt) Ltd, marking a significant milestone in the HNB Group’s mission to provide seamless, comprehensive financial services via enhanced group synergy.
The collaboration is designed to offer specialized general insurance solutions directly to the customers of HNB Stockbrokers, ensuring that investors can protect their assets and lifestyles with the same expertise used to grow their wealth. This integration reflects “Group Synergy in Action,” aligning the collective strengths of the HNB ecosystem to deliver superior value and convenience to its diverse clientele.
The official agreement was signed at a ceremony attended by Sithumina Jayasundara, Director/CEO of HNB General Insurance; Ray Abeywardena, MD/Group CEO of HNB Investment Bank; and Prashan Fernando, Director/CEO of HNB Stockbrokers.
By combining HNB General Insurance’ robust insurance portfolio with HNB Stockbrokers’ deep-rooted relationship with the investor community, the partnership creates a one-stop financial ecosystem. This move simplifies access to protection products – ranging from motor and home insurance to specialized corporate covers – tailored to the needs of sophisticated investors.
Sithumina Jayasundara, Director/CEO of HNB General Insurance, commented on the partnership, “At HNB General Insurance, we believe that true financial security is two-fold, growing your assets and protecting them. This partnership with HNB Stockbrokers is a perfect example of HNB Group’s synergy in action. By integrating our insurance expertise into the stockbroking journey, we are making it easier than ever for our clients to access client-focused protection that secures their future and their families.”
Prashan Fernando, Director/CEO of HNB Stockbrokers, added “Our commitment has always been to provide our clients with more than just a trading platform; we aim to be their total financial partner. Collaborating with HNBGI allows us to enhance our value proposition significantly. We are now able to offer our clients a more holistic service, ensuring that while they focus on building their portfolios, their broader insurance needs are being met by one of the most trusted names in the industry.”
This partnership serves as a blueprint for how the HNB Group continues to evolve. By breaking down silos between banking, investments, and insurance, the Group is creating a more resilient and integrated service model. This strategic alignment not only strengthens the Group’s internal cohesion but, more importantly, ensures that the end customer benefits from a more efficient, sophisticated, and comprehensive financial journey.
Business
Charting a worker-centered AI future: Colombo hosts landmark ITF conference
By Sanath Nanayakkare
Artificial intelligence and automation present serious challenges for workers – such as job consequences seen in docks and rail systems – and emphasises that workers cannot simply stop technological progress. By gathering young trade unionists in Sri Lanka, the ITF aims to establish key principles for engaging with technology, ensuring workers have a strong voice at the bargaining table, and encouraging constructive social dialogue with corporations and governments.
These compelling words from ITF General Secretary Stephen Cotton underscored the urgent reality facing modern labor as rapid technological advancements sweep across global industries.
Confronting this shifting landscape head-on, the International Transport Workers’ Federation (ITF), in partnership with the National Union of Seafarers of Sri Lanka (NUSS), convened a ground-breaking conference on artificial intelligence in Colombo from September 15–17.
As the ITF’s first-ever AI-focused global conference and the first of its kind hosted in Sri Lanka, the landmark event marked a critical milestone in balancing technological innovation with worker-centered safeguards.
Representing over 16.6 million transport workers worldwide, the ITF designed the gathering to tackle the multifaceted impacts of AI on safety, operations, workforce development, and governance. Rather than resisting progress, the conference focused on proactive engagement, establishing guiding principles to protect workers’ rights and privacy both at sea and on land.
Key discussions centred on sharing best practices for upskilling and reskilling transport personnel, ensuring that human oversight remains central to AI-driven logistics, routing, and maintenance.
Reflecting on the historic nature of the event, Boa Athu, CEO of National Union of Seafarers Asia Pacific, noted that the conference represented a monumental moment as AI emerges as a permanent fixture of contemporary life.
Highlighting NUSS’s pride in hosting the event in Colombo, Athu emphasised that AI offers transformative potential when guided by strong social dialogue, equitable access to training, and robust governance safeguards.
Ultimately, the Colombo conference demonstrated that the future of transport must be shaped by those who keep the world moving. By uniting international labour leaders, affiliates, port operators, and regulators, the event laid a vital foundation for inclusive policy frameworks that champion fair labour standards, securing a powerful voice for workers in an automated tomorrow.
Business
Bridging the digital divide: Sri Lanka’s airport licence challenge
By Sanath Nanayakkare
As Sri Lanka experiences a surge in visitors from its largest tourist market, India, a modern administrative hurdle has emerged at Bandaranaike International Airport (BIA).
While nations like India and Pakistan have successfully transitioned to fully digital driving licences and cashless ecosystems, Sri Lanka’s Department of Motor Traffic counter still requires a physical card to issue temporary local permits, The Island Financial Review learns.
This mismatch creates significant friction for independent travelers who rely entirely on smartphones and cloud-stored credentials. Tourists turned away at the airport – and sometimes redirected to the Werahera office in vain – find themselves unable to legally rent and drive vehicles. Consequently, this policy gap harms local car rental operators, causes tourist frustration, and deprives the government of valuable permit revenue.
The situation highlights a distinct irony: Sri Lankan motorists easily travel abroad using International Driving Permits that are readily accepted in India and Pakistan, yet local infrastructure cannot reciprocate due to outdated verification systems.
Recognizing the problem, Department of Motor Traffic officials have noted that upgrades and new equipment are currently in the works to integrate foreign digital platforms.
For a nation aggressively pursuing a national digitalisation drive, rapidly modernising these transport protocols is essential to keeping pace with global travelers and unlocking the full potential of its tourism economy.
Business
International Afro-Latin Dance Festival in Colombo to grow into a larger regional tourism draw
ALIF-SL, Sri Lanka’s first-ever international Afro-Latin dance festival, returns for its 4th edition from 25 to 27 September 2026 at the Galle Face Hotel, Colombo. The festival will bring together over 30 international and national artists and 175–200 participants from more than 20 countries, reaffirming its place as the region’s leading platform for Salsa, Bachata and Kizomba.
This year’s edition is headlined by Tropical Gem, the world’s No. 1 salsa team, travelling from Italy to perform and teach alongside a stellar international line-up. Attendees can also look forward to the ALIF Cup Sri Lanka Open, a keenly contested competition judged by an international panel, giving local dancers a rare opportunity to compete and connect with world-class talent.
“Every year, ALIF connects Sri Lanka to the world. With this year’s artist line-up and the ALIF Cup competition, we’re not just hosting a festival, we’re putting Sri Lanka on the map as a top destination for dance,” said JD Ruban, Founder and Director of ALIF-SL
Beyond the dance floor, ALIF-SL continues to support Sri Lanka’s tourism sector, drawing dancers, judges and enthusiasts from across the globe to Colombo and positioning the capital as an emerging regional hub for social dance. Organizers plan to grow the festival into a larger regional tourism draw, introduce new competition categories, and bring in even bigger headline acts in future editions.
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