Business
HNB partners with St. Joseph’s College Col. 10 Old Boys’ Union for exclusive affinity card
Reaffirming their commitment to supporting the nation’s prestigious educational institutions, Sri Lanka’s leading private sector bank HNB PLC recently announced their partnership with the Old Boys’ Union of St. Joseph’s College (SJC) Colombo -10 and its Ja-ela, Wattala branch to launch an exclusive affinity credit card for its members.
Custom-made for members of Old Boys’ Union of SJC, the customized Affinity card offers a wide range of exclusive benefits and promotional deals across the Bank’s broad portfolio of merchant partners.
Rector of St. Joseph’s College Rev. Fr. Ranjith Andradi, Priyanga Perera -Senior VP OBU SJC, Prithieraj de Silva – Immediate Past Senior VP, OBU SJC, HNB Managing Director / CEO Damith Pallewatte, HNB Chief Operating Officer- Sanjay Wijemanne , were present at the signing of the MoU at HNB head office
“St. Joseph’s College, Colombo stands as a pillar of educational excellence in Sri Lanka, nurturing generations of leaders who have shaped and continue to influence our nation’s trajectory across diverse sectors. Our partnership with the Old Boys’ Association represents more than just financial support; it’s an investment in Sri Lanka’s future. By collaborating on mentorship and skill-building initiatives, we’re actively contributing to the development of the next generation of visionary leaders. This alliance also aligns perfectly with our commitment to fostering sustainable growth and empowering communities, reflecting our broader vision of driving positive change in Sri Lanka’s educational landscape,” said HNB Managing Director / CEO Damith Pallewatte .
The partnership will offer members access to exclusive benefits across HNB’s extensive merchant partner network. Moreover, the bank will waive off the annual fee for the first year and provide members with a complementary supplementary card.
“The partnership between the Old Boys’ Union of St. Joseph’s College, Colombo -10 and HNB marks a significant milestone in our ongoing efforts to support and elevate our alma mater. This collaboration, particularly through the innovative affinity card program, goes beyond financial benefits; it’s a powerful tool for community building and institutional advancement.
By leveraging HNB’s financial expertise and our deep-rooted commitment to the college, we are not only supporting our current endeavors but also lays the groundwork for realizing the full potential of our students and institution. Together, we’re setting a new standard for how educational institutions and corporate entities can work hand in hand to nurture talent and drive societal progress,” said Senior VP Old Boys’ Union SJC, Priyanga Perera.
All members can use this opportunity to give back to school through this initiative, as a percentage will be contributed to the Old Boys’ Union of SJC every time a card is issued and used. Customers can also make use of a 12-month easy payment plans with 0% interest rates on all school fees payments to SJC, in addition to complementary overseas travel and health insurance plans.
Business
Climate compliance pressure mounts on Lankan businesses
Lankan businesses are facing increasing pressure to strengthen climate governance, compliance, and risk management frameworks as climate-related disclosure requirements, investor expectations, and regulatory standards continue to evolve.
Against this backdrop, Genesis – the Dilmah Centre for a Sustainable Future will host a specialised post-summit technical workshop titled “Climate Action: A Strategic Executive Workshop on Climate Resilience and Business Continuity” on June 12, in Colombo.
The programme is designed as a continuation of discussions initiated at the Sri Lanka Climate Summit 2026 and will bring together sustainability managers, compliance officers, ESG professionals, risk specialists, and corporate decision-makers. It aims to translate climate commitments into practical business strategies.
The workshop will focus on implementation rather than advocacy, examining emerging disclosure frameworks, financing mechanisms, and regulatory pathways shaping corporate climate action in Sri Lanka.
Keynote speaker Dr. Lalanath de Silva, an internationally recognised environmental lawyer and governance expert, will address the evolving legal and compliance landscape influencing climate-related business decisions.
Technical sessions will cover IFRS S2 climate-related disclosures, climate risk governance, green finance opportunities, internal carbon pricing, and access to climate financing. Speakers will include climate risk specialist Rohan Cooray, Shiranee Yasaratne of Biodiversity Sri Lanka, and Suganthi Samarasinghe of UNDP Sri Lanka.
Organisers said climate readiness is increasingly becoming a business necessity rather than a sustainability option, with growing scrutiny from global markets and regulators.
Participation is free of charge, but prior registration is required due to limited seating for professionals in sustainability, governance, compliance, and risk management roles.
Business
SPAR Sri Lanka Opens New Outlet in Kurunegala
SPAR Sri Lanka has expanded its retail network with the opening of a new outlet in Kurunegala, marking another milestone in the supermarket chain’s growth across the country.
The new store, strategically located to serve the growing population of the North Western Province, offers a wide range of products, including fresh fruits and vegetables, premium meat products, bakery items, household essentials and both local and international brands.
The outlet also features several specialty sections, including a Coconut Corner, Wellness Corner and a dedicated area catering to pet care products.
Speaking at the opening, SPAR Sri Lanka Chief Executive Officer Kumar de Silva said the new outlet reflects the company’s commitment to delivering a “glocal” shopping experience by combining international retail standards with local customer preferences.
“Our Kurunegala outlet reflects our dedication to providing customers with the best range, superior quality and exceptional service under one roof,” he said.
The store also offers SPAR’s signature fresh food concepts, including in-store bakery products, ready-to-eat meals and freshly prepared juices aimed at meeting the needs of busy consumers.
The company said customers will benefit from a range of promotional offers, loyalty rewards, weekend deals and seasonal discounts.
SPAR Sri Lanka said the expansion would also contribute to local economic development through employment generation and support for local suppliers, further strengthening the country’s retail sector.
Pic and Text by SK Samaranayake
Business
Royal end title drought with dramatic shootout triumph
Royal College, Colombo, emerged unbeaten champions of the All-Island Under-20 Hockey Tournament after defeating defending champions St. Thomas’ College, Matale, in a nail-biting sudden-death penalty shootout at the Rajarata University Grounds in Mihintale last week.
The final ended in a 1-1 draw after Royal equalised five minutes from time to cancel out the Matale side’s earlier lead.
With the penalty shootout also ending in a 4-4 deadlock, the match proceeded to sudden death. The Reid Avenue outfit eventually prevailed in the second round of sudden-death penalties to clinch the title.
A brilliant save by goalkeeper Stefan Anthonipillai, who stretched to his right to deny a crucial attempt, and the decisive conversion by Rumal Jayasinghe helped Royal secure the Under-20 championship for the first time since the tournament’s inception in 2014.
Royal’s centre-forward Savain Karunasiri was one of the team’s standout performers throughout the tournament, scoring crucial goals, including strikes in both the semi-final and the final. Anthonipillai was equally impressive, guarding the goal superbly throughout the seven-match campaign.
Royal finished runners-up when the tournament was held in Matale last year.
The Colombo school produced a series of consistent performances despite having to play on an uneven grass surface that was not ideally suited to the fast-paced modern game.
Royal began their campaign with a 2-0 victory over Christ Church College, Matale, before defeating arch-rivals St. Thomas’ College, Mount Lavinia, 1-0. They then beat Kingswood College, Kandy, 2-0 and Maris Stella College, Negombo, 2-1 to top their group.
In the quarter-final, coach Damith Panditharatne’s side overcame fancied Dharmadutha College, Badulla, by 2-0.
Royal then edged out St. Joseph Vaz College, Wennappuwa, 1-0 in the semi-final, adopting a disciplined defensive approach against the aggressively attacking Puttalam outfit.
In the other semi-final, St. Thomas’ College, Matale defeated Trinity College, Kandy, 3-1. St. Joseph Vaz later beat Trinity 1-0 in the third-place playoff.
Panditharatne’s five-year development programme, with a strong emphasis on fitness, stamina and technical skills, played a key role in Royal’s success. The title marked Royal’s first national Under-20 tournament triumph since winning the National Schools Games in 2017.
A former national player, Air Force striker and Sri Lanka Police coach, Panditharatne has focused on addressing the weaknesses of individual players while building a cohesive unit. The former Christ Church College, Matale player has been coaching Royal since 2022 with the support of the Royal College Hockey Club (RCHC), comprising former Royal hockey players.
For his outstanding performances, Anthonipillai was adjudged the Best Goalkeeper of the Tournament. Royal College was also named the Most Disciplined Team of the Tournament.
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