Business
Nations Professional Lease offers premium vehicle financing for professionals
Nations Trust Bank PLC has re-launched its exclusive and premium vehicle financing proposition for salaried and professional customers, ‘Nations Professional Lease’, to enable them achieve their aspirations in owning a personal vehicle of their choice. It offers a bundled product offering to suite all vehicle financing and banking needs which unlocks an array of enhanced personalized financial and lifestyle benefits under the discerning Inner Circle (IC) and Private Banking (PB) proposition.
Nations Trust Professional Leasing offers the leasing solution most suitable for working professionals, with a leasing tenure up to 7 years with minimal turnaround time and minimal documentation taking into account the demands on their time. It provides a convenient service with no guarantors required and with less documentation, allowing customers to make a lump sum payment of up to 50% as the last rental.
Priyantha Samaradiwakara, Senior Vice President – Leasing at Nations Trust Bank commented on the programme. “Nations Professional Lease is an exclusive product conceptualized by our team to give our premium customers the best opportunity to purchase their preferred vehicles. We will ensure that anyone coming onboard will always have access to the best products including the benefits of Inner Circle and Private Banking and a fast, flexible and convenient service from Nations Trust Bank with minimal expenditure of time, because for us professionals’ time is so precious. As their partner, we advise them and guide them on their choices, based on their income and cash flow capabilities and resale value of the asset to give them optimal return on investment. Our processes are digitized to provide services conveniently with minimal intrusion into customers’ times, resulting in customer satisfaction.”
Nations Trust Bank couples a pre-approved credit card with Nations Professional Leasing Solution, and also provides discounts on insurance and special benefits on early settlements. The product comes with competitive interest rates for registered and unregistered vehicles in comparison to the market to ensure the customers get the best benefits.
Nations Trust Bank Leasing offers solutions for those who want to own their dream vehicle, while providing a fast, flexible and convenient service. To find out more about our leasing products and services, please call 0114 218 218 or 0772 642 121or visit www.nationstrust.com.
Business
IceWarp expands into Sri Lanka, fostering European innovation in collaboration with FentonsIT
IceWarp, a global leader in business communication solutions, has officially launched its cutting-edge platform in Sri Lanka, bringing European expertise in email and collaboration solutions to support the country’s evolving business landscape.
This expansion is driven by a strategic partnership with Fentons Information Technology (FIT), the Information Technology arm of Hayleys Fentons Limited.
The grand launch event held at The Kingsbury Colombo on 4th April, 2025, was graced by several distinguished guests, including Chief Guest Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC.
The presence of Adam Paclt, Global CEO of IceWarp, and Pramod Sharda, CEO for India and the Middle East of IceWarp, along with their global team, highlighted the significance of this expansion. Industry experts, government officials, corporate leaders, and CIOs from the banking, financial services and insurance sectors were in attendance as well, reflecting strong local interest in IceWarp’s European expertise.
With this launch, Sri Lankan businesses now have access to an affordable, scalable and secure alternative to Microsoft 365 and Google Workspace. IceWarp’s advanced Collaboration Suite integrates a wide range of tools into a single, unified platform designed to streamline communication and boost productivity. Offering flexible hybrid deployment options and cost-efficient solution, IceWarp enables organisations to optimise their operations without compromising security or functionality.
Eventistry Sports, a trailblazer in innovative sporting events, has unveiled the Sri Lanka Padel League (SLPL), the nation’s first franchise-based padel tournament, set to debut in June 2025. This groundbreaking league promises to redefine Sri Lanka’s sports landscape by creating a dynamic national platform for athletes while fostering unity among fans, brands, and communities.
The SLPL will showcase six franchise teams, each embodying the spirit of iconic Sri Lankan locales: the Colombo Chargers, Yala Rangers, Hikkaduwa Riders, Ella Hawks, Arugambay Vipers, and Trinco Warriors. These teams will not only ignite regional pride but also unite the country through a shared passion for padel—a fast-paced racquet sport merging tennis and squash, played on enclosed courts.
“The SLPL is more than a league; it’s a movement,” declared Karin Wijeratne, Director of Eventistry Sports. “By blending franchise sports with Sri Lanka’s vibrant culture, we’re creating a platform where players gain national recognition, fans rally behind their hometown heroes, and brands engage with communities in meaningful ways.”
The league’s launch on June 21–23, 2025, at Colombo’s Padel House courts (CR&FC) will kick off with three days of high-octane matches, preceded by a star-studded player auction on May 16th at The Vault, Colombo City Centre. Local talent—both professional and intermediate—will be drafted by franchise owners, with international registrations now open to elevate the competition’s global appeal.
Please log in to: www.slpadelleague.com and social media: @SriLankaPadelLeague (Facebook & Instagram) for more information.
Ceylon Energy and HJT China have successfully completed the Mahiyangana-Kappalthurei 33kV power distribution lines and the Uhana Gantry as part of Sri Lanka’s Supporting Electricity Supply Reliability Improvement Project (SESRIP). Funded by the Asian Development Bank ($42 million), SESRIP aims to expand energy access in underserved regions, including conflict-affected areas and provinces like Uva and North Central.
The project’s infrastructure spans over 270 km of 33kV lines, 13 switching gantries, and 2,372 km of low-voltage extensions.
The projects connect 35,000+ households and improve reliability for 493,000+ consumers; integrates renewables to reduce losses.
The projects’ notable components include: Mahiyangana-Bibila Line: 36 km with 147 steel towers and Kappalthurei-Sixth Mile Post Line: 14 km with 58 towers.
Ceylon Energy Chairman Madushanka Fernando hailed it as a ‘new beginning of a brighter era’, emphasising the project’s role in uplifting rural communities and driving sustainable development.
The initiative underscores Sri Lanka’s commitment to inclusive, reliable energy and climate resilience.
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