Business
NCC focusing on SDGs, inclusivity and equality
(Continued from Saturday)
Collaborations with Professional Institutes
With the view of developing business opportunities for both MSMEs sector and the Corporate Sector the Chamber singed MoUs with the Association of Chartered Certified Accountants (ACCA), Chartered Financial Analysts (CFA Society) Sri Lanka.
National Business Excellence Awards 2021
The most awaited business benchmark program, the National Business Excellence Awards 2021 (NBEA), was launched on the 16th of November 2021. Chamber initiated a fresh approach to structure the content of the NBEA Application to capture current trends shaping the industries and businesses across world with further emphasize on securing long-term sustainability through Environmental, Social and Governance (ESG) initiatives required to create long-term value for all, not just for selected few.
The final event is scheduled in February/March 2022 – to be conducted with compliance to all health regulations. It is very encouraging to receive over 100 applications for the competition.
Sustainable Development Goals
As the country’s foremost Chamber in business development, NCCSL’s focus on business sustainability has grown gradually over the years. Its services to members and businesses, especially in the micro, small and medium sectors have an unmistakable undertone of sustainable development, with a strong focus on inclusivity, diversity and equality. Intrinsically, the National Chamber of Commerce is responsible for developing businesses to reach their potentials, while embedding a consciousness for social development and environmental sustainability into organizational actions, values and objectives.
We have embarked on a journey giving the emphasize on Sustainable Development Goals, inter alia, Quality Education – Ensuring inclusive and quality education and promoting lifelong learning opportunities for all, Gender Equality – Achieving gender equality and empowering all women and girls, Reduce Inequality – Reducing inequality within and among Sri Lanka, and Partnership for Goals – Strengthening the means of implementation and revitalizing the global partnership for sustainable development.
Wayforward
The all of our activities during the last year and moving forward this year also will be based on our Vision to be the leading source of services and assistance to businesses countrywide for promotion of domestic and foreign trade with special emphasis on the development of Micro, Small and Medium Enterprises. We will endeavor to make sure our strategies and activities moving forward also to be align with Sustainable Development Goals and upholding diversity, inclusivity and equality in creating long-term value for all in the society enhancing the power through unity.
In order to enlighten the stakeholders I would like to briefly elaborate on our expected activities in the near future.
NCCSL is planning to join with an international Webinar on “Connecting South Asia with Global Markets through Hong Kong” jointly organized by Hong Kong Trade Development Council (HKTDC), Federation of Indian Chambers of Commerce & Industry (FICCI), Dhaka Chamber of Commerce & Industry (DCCI) and Federation of Nepalese Chambers of Commerce & Industry (FNCCI) on 10th February 2022.
We will be working with St. Petersburg International Economic Forum (SPIEF) organized by The Roscongress Foundation in Russia during June 2022 which is one of the largest events of this nature in the world.
NCCSL is planning to revive the Meet the Ambassador initiative physically which we could not continue due to Pandemic, however, it is expected to recommence the event moving forward in order to facilitate trade, exports and investments.
Further, we are expecting trade and investment delegations from Sultanate of Oman and Bangladesh in the near future with a view to facilitate trade, export and investment opportunities among our nations.
Further, NCCSL is expecting to launch entrepreneurship development program in both Sinhala and Tamil language throughout the island in order to uplift required skills of doing business, business planning, finding markets and finance, improve taxation knowledge and financial literacy of our SMEs.
I take the opportunity to express my sincere gratitude to all the office bearers, council members and the NCCSL team led by CEO/Secretary General Bandula Dissanayake; without your immense support NCCSL wouldn’t have achieved the success in every activity we engaged in.
Thank you.
(Concluded)
Business
HNB partners IDEAL Motors to drive financial freedom through vehicle leasing solutions
HNB PLC, the leading private bank in Sri Lanka, has partnered with IDEAL Motors (Pvt) Limited to provide customers with attractive leasing solutions for brand-new vehicles & generators .
The partnership introduces a range of benefits designed to support individuals, entrepreneurs, and businesses seeking reliable vehicle and power solutions. Through this collaboration, customers can access structured lease facilities, special interest rates, free life insurance coverage, and attractive discounts through HNB General Insurance.
Commenting on the partnership, HNB, Senior Vice President/ Head of Retail Banking, Kanchana Karunagama, said, “At HNB, we believe that the right financial support can help people and businesses move forward with greater confidence. This partnership with IDEAL Motors shows our commitment to creating meaningful solutions that make vehicle and power investments more accessible, while helping our customers achieve their personal and business aspirations. By combining HNB’s financial expertise with IDEAL Motors’ industry capabilities, we are creating opportunities that support the ambitions of Sri Lankans and contribute towards a stronger, more connected economy.”
Customers purchasing vehicles through IDEAL Motors will also benefit from exclusive offers including free registration, and discounts on Bolero Maxx Pik-Up, Alfa Plus Load Carrier, Mahindra Pik-Up Single Cab, Mahindra Pik Up Double Cab, XUV 3XO vehicles, creating greater value throughout their ownership journey.
IDEAL Motors (Pvt) Limited, Director Legal and Corporate Affairs, Nimesha Welgama, said, “Our collaboration with HNB represents a shared commitment to supporting Sri Lankans in achieving greater financial independence through accessible ownership solutions. By combining IDEAL Motors’ mobility and power solutions with HNB’s financial expertise, we aim to empower individuals and businesses with opportunities that contribute to economic progress and community development. This partnership highlights our vision of creating lasting value by enabling customers to confidently invest in their future.”
With IDEAL Motors recognised for its diverse portfolio of automotive and power solutions, and HNB’s extensive expertise in financial services, the partnership aims to provide a seamless experience from selection to ownership, supported by flexible financing options and customer focused solutions.
The partnership further strengthens HNB’s commitment to supporting economic progress by providing financial solutions that enable customers to invest in personal mobility, commercial growth, and business continuity. Through collaborations with leading industry partners, HNB continues to expand opportunities for Sri Lankans while delivering a banking experience built around accessibility, trust, and value.
Business
Sri Lanka Insurance Corporation General and the Ministry of Education committed to protect Sri Lanka’s schoolchildren
Sri Lanka Insurance Corporation General Ltd (SLICGL) and the Ministry of Education, Higher Education and Vocational Education share a commitment to protect Sri Lanka’s children throughout their school education. The pledge is delivered through the Suraksha Student Insurance Scheme, which protects over 4 million school children.
The Government of Sri Lanka, through the Ministry of Education, Higher Education and Vocational Education, provides the Suraksha Student Insurance Scheme free of charge to schoolchildren throughout the country. SLICGL is proud to partner with the Ministry in delivering this national initiative, which helps safeguard students against the financial impact of unforeseen circumstances.
Eligible students include those aged 5-21 years in Grades 1-13 from government schools, government-approved private schools, and Pirivena education, as well as students aged 4-21 years in assisted special schools.
The scheme provides hospitalisation, outpatient and critical illness cover, as well as personal accident cover for permanent and temporary disability, together with a life insurance benefit for children from low-income families on the death of a parent. Cover applies to incidents within and outside school premises.
For a child, an illness or accident can be far more than a temporary setback. It can place added pressure on a family and, in some circumstances, disrupt schooling. Suraksha acts as a safety net, giving children and their families greater peace of mind and helping them stay in school despite life’s uncertainties. The scheme is easily accessible through SLICGL’s islandwide network of 200 branches and customer service centres.
Children’s Day is a celebration of hope, the hope for every child to have the opportunity to learn, grow and build a better future. Celebrating children also means protection, not for a single day but for every day they spend in the classroom.
Commemorating Children’s Day, SLICGL extended support towards the educational needs of children at an underprivileged school. The project highlighted the company’s belief in protecting the future not only by being supportive when the unexpected happens, but also in helping create an environment in which children can learn, grow and fulfil their potential.
As Sri Lanka’s National Insurer, SLICGL’s role goes further than protecting people against risk. It is also about contributing to a stronger, safer and more resilient country as children’s education, wellbeing and aspirations contribute directly to help build the journey ahead.
Business
Vietjet launches Hanoi to Prague route via Almaty, expanding to Central Asia and Europe
Vietjet, which already flies between Colombo and Ho Chi Minh City, has officially launched new services connecting Hanoi with Almaty, Kazakhstan, and Prague, Czech Republic, as well as Almaty with Prague, expanding its intercontinental network and marking its entry into the European Union. The new air links offer more affordable travel options while fostering greater tourism, trade and cultural exchange between Asia and Europe.
For Sri Lanka, the new routes widen the network that Vietjet is building out of Colombo. The airline has operated non-stop flights between Colombo and Ho Chi Minh City since August 2026, three times a week on Tuesdays, Thursdays and Saturdays, while its new Ho Chi Minh City to Maldives service via Colombo is scheduled to begin on 5 December 2026. With Hanoi now linked to Central Asia and Europe, Sri Lankan travellers have a growing choice of destinations reachable through Vietjet’s extensive network.
The inauguration ceremonies took place at Almaty International Airport and Václav Havel Airport Prague on 10 October, amid a warm welcome from local leaders, residents and visitors. The inaugural flights were greeted with traditional water cannon salutes and performances showcasing local cultural heritage, marking the beginning of new journeys connecting the three regions and welcoming international travellers to Vietnam. Passengers on the inaugural flights also received commemorative gifts from Vietjet and the airports, adding a special touch to their journeys.
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