Business

Liya Diriya by Assetline empowering todays’ Sri Lankan women

Published

5 years ago

2022/01/26

Assetline Leasing Company Limited (Assetline), introduced “Liya Diriya”, a product designed for today’s woman. Initially it will focus on mobility solutions for women which is critical given the current environment impacted by COVID and economic factors. Safe, personal transportation is vital for women in their numerous roles be it as the cornerstone of the family, as entrepreneurs, professionals, business leaders etc.

The objective is to ensure financial inclusion and empowerment of women, who are often overlooked despite their vital contribution to the economy. The intention is to keep adding on to the basket of financing options and cater to the multi-faceted financing needs of women in their various capacities. As added value, the product includes free life insurance cover. This is in addition to the convenience of the vehicle, financing and all related services being provided under one roof.

Commenting on “Liya Diriya by Assetline” Ashan Nissanka, CEO & Director, Assetline said, “Supporting women’s financial wants is now even more important than ever before considering their contribution to the Nation’s economic progress which has risen notably and consistently over the last few years. It is also a well-known fact that when you financially empower women, it uplifts living standard of the entire family and spills over to the immediate community. Mobility, whether it is to transport family and make their roles as home makers more efficient or to allow them to build or expand a business, is a fundamental requirement which we hope to fulfil as the first step in giving them to appropriate, affordable and timely financial products and services.”

As a Company committed to catering to customers across the country and social classes, this product will be available at all 54 Assetline branches, ensuring access where it is needed the most. This initiative augments and complements the David Pieris Group’s award winning Women’s Empowerment Programme, which focuses on the development of female entrepreneurs.

Launched in 2003, Assetline Leasing is the largest specialized leasing companies in the country offering a wide range of innovative solutions to suit the needs of a diverse customer base.

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Business

Sri Lanka Insurance Life appoints Dr. Sameera Dharmasena Chief Executive Officer

Published

2 mins ago

2026/09/25

Thilina Walpola

Dr. Sameera Dharmasena

Sri Lanka Insurance Life (SLIC Life), the nation’s largest and strongest Life Insurer, is pleased to announce the appointment of Dr. Sameera Dharmasena as its new Chief Executive Officer, effective 22nd September 2026.

Dr. Dharmasena is a distinguished insurance professional with over 21 years of experience in the Sri Lankan insurance industry, having held senior leadership positions across several leading insurance companies affiliated with some of Sri Lanka’s largest business conglomerates. His extensive career spans both local and multinational insurance environments, bringing together broad industry expertise, strategic leadership and a strong commitment to the advancement of the insurance profession.

Business

External and internal factors combine to send bourse on a downward trajectory

Published

3 mins ago

2026/09/25

Thilina Walpola

By Hiran H. Senewiratne

The CSE yesterday indicated mixed reactions as the oil price hike and other external and internal factors moved the All Share Price Index on a downward trajectory.

The All Share Price Index went down by 18.26 points, while the S and P SL20 declined by 1.19 points.

Turnover stood at Rs 1.3 billion with five crossings. Those crossings were: Pickme crossed 500,000 shares to the tune of Rs 77.5 million; its shares traded at Rs 155, Lanka IOC 542,000 shares crossed for Rs 70 million; its shares traded at Rs 130, Access Engineering 800,000 shares crossed to the tune of Rs 64 million; its shares traded at Rs 80, Dipped Products 1 million shares crossed to the tune of Rs 63 million; its shares sold at Rs 52 and Sampath Bank 450,000 shares crossed for Rs 63 million; its shares sold at Rs 140.

In the retail market companies that mainly contributed to the turnover were; Pickme Rs 134 million (854,000 shares traded), Cal Found Rs 110 million (8.5 million shares traded), Dipped Products Rs 109 million (1.8 million shares traded), Access Engineering Rs 80 (999,000 shares traded), Kotagala Plantations Rs 50 million (6.2 million shares traded), JKH Rs 44 million (2.3 million shares traded) and Sampath Bank Rs 28 million (199,000 shares traded). During the day 46 million share volumes changed hands in 10696 transactions.

It is said that transport sector related counters, especially Pickme, led the market. Further manufacturing sector counters, especially JKH and Dipped Products, also performed well. Banking sector counters, especially Sampath Bank, performed significantly.

Meanwhile, People’s Leasing & Finance announced that its debenture issue to raise up to Rs 10 billion was oversubscribed after receiving applications exceeding Rs 10 billion , closing the issue on September 23.

Colombo Dockyard disclosed share dealings by director-related entity Senthilverl Holdings, which purchased and sold 17,086 shares at Rs 119 and Rs 122 each, on September 22.

Yesterday the rupee was quoted at Rs 330.00/80 to the US dollar in the spot market from Rs 329.50/75 the previous day, while bond yields edged up slightly, dealers said.

Business

First Energy wins two national awards for solar roof at People’s Bank head office

Published

3 mins ago

2026/09/25

Thilina Walpola

First Energy SL (Pvt) Ltd has won two awards at the Sri Lanka Clean Energy Week Leadership Awards 2026 for a building-integrated solar installation at the new People’s Bank head office in Colombo. The awards were presented on 21 August 2026 at Hotel Marino, Colombo, during Sri Lanka Clean Energy Week, an industry event organised by SolarQuarter.

The company received Project of the Year: Building-Integrated Solar (BIPV) and Technology Innovation of the Year: Building-Integrated Solar (BIPV). Both awards were made for the same project.

The installation sits at the top of the bank’s 24-storey head office, where solar modules form a waterproof architectural roof over a terrace more than 75 metres above street level. First Energy says it is the first system of its nature in Sri Lanka.

Conventional rooftop solar is mounted onto a finished building. In a building-integrated system the modules are the building element itself. Here the array takes the place of what would otherwise have been a solid pergola roof, and has to keep rain out as well as generate electricity.

The architectural design called for a pergola with a set spacing and a particular quality of filtered light on the terrace below. Standard solar modules are made in fixed sizes with minimum light passthrough, and none suited the design. The modules were therefore fully custom-made to the architectural requirements, featuring both custom dimensions and a reduced cell density, allowing part of the daylight to pass through to the terrace.