Three Sinha Industries Pvt. Ltd. has been recognised with the Award of Excellence at the Sri Lanka Institute of Architects (SLIA) Annual Product Awards, held recently in Colombo. The award was presented for the company’s high-quality, fire-resistant doors, which are made using locally sourced materials and designed to meet the highest safety standards. The award ceremony was held recently in Colombo, and Managing Director Manjula Ariyakumara accepted the award on behalf of the company, marking yet another milestone in Three Sinha’s journey of excellence.

From its establishment as a small-scale business, Three Sinha has grown into a trusted name in Sri Lanka’s construction industry. The company has built a strong reputation for its commitment to quality, innovation, and reliability, earning both local and international recognition. Over the years, it has received several certifications for maintaining top-tier quality standards. Three Sinha has also received many other local and international awards.

Three Sinha Industries offers a diverse range of products and services, including roller doors, shutters, and fire-resistant doors that provide enhanced safety and durability. The company also specialises in aluminum fabrications, sensor doors, and automatic barriers, ensuring a comprehensive suite of solutions for the construction sector. Embracing sustainability, Three Sinha has expanded into green energy solutions, offering three types of solar PV electricity systems: on-grid, off-grid, and hybrid. Additionally, its subsidiary, IKLO Industries, focuses on pre-fabricated and pre-engineered steel buildings, incorporating advanced technology to meet modern construction demands. IKLO has also ventured into the agricultural sector by introducing tractor trailers tailored for farming needs. Moreover, the company manufactures high-quality diesel tanks that meet the standards of both the Ceylon Petroleum Corporation and the Indian Oil Corporation.

Amana Takaful Life Insurance PLC has once again demonstrated its commitment to delivering unparalleled financial security and growth, delivering attractive returns for long-term policyholders for 2024. As a trusted long-term insurer, Amana Life provides policyholders with the best investment choices, ensuring they can build and secure their financial future with confidence.

This achievement is driven by the company’s diverse, risk-rated investment options, strategically allocated across fixed deposits, bank investments, equity markets, and gold funds. This structure allows policyholders to balance security and growth, selecting funds that align with their financial goals while adapting to market conditions. As the only life insurer in Sri Lanka offering such flexibility, Amana Life empowers customers to optimize their investments while maintaining long-term financial stability.

The review of Funds as of December 31, 2024, demonstrates exceptional returns across all investment avenues, reaffirming Amana Life’s position as the insurer of choice for those seeking the best investment opportunities. The Protected Multiple Fund (PMF), with a Fixed Deposit base of 90% of its fund value, demonstrated steady returns, despite Sri Lanka experiencing interest rate cuts regularly over the past 24 months. PMF produced returns of 18.1% for the said period on an annualized basis while the market rates for Fixed Deposits reached single digits towards the latter part of 2024.

“At Amana Life, we are committed to providing our long-term policyholders with both protection and rewarding investment opportunities,” said Gehan Rajapakse, CEO of Amana Takaful Life PLC. “These results prove that we are not just offering life insurance, but also a well-structured pathway for long-term financial security and growth. However, it is important to note that past returns are not a guarantee of future performance, as market conditions can influence future results.”

Edward and Christie Pvt Ltd has acquired a 60% stake in Dolphin Marine Lanka Pvt Ltd, marking a significant step in its strategic expansion into Sri Lanka’s growing shipbuilding and repair industry. The acquisition supports the company’s vision of diversifying beyond its core construction business to boost industrial growth in the country.

To commemorate the move, Dolphin Marine Lanka and Edward and Christie celebrated the keel-laying ceremony for two steel ferries commissioned by the Road Development Authority (RDA). The ferries, designed to enhance transportation between Kurinchakarney Lagoon and the Kurikadduwan-Nainatheivu route, will improve efficiency, safety, and connectivity.

Edward and Christie Chairman, Cristy Arawwala, emphasized the long-term strategy of integrating SMEs and advancing the maritime sector, while Dolphin Marine Lanka MD, Amarasiri Withanawasam, highlighted the investment’s role in expanding regional markets and innovation.