Business
Ocidental Eden Beruwala elevates Sri Lanka’s coastal resort scene on par with global standards
Occidental Eden Beruwala is the latest addition to the Barceló Hotel Group portfolio in Sri Lanka. Formerly known as Eden Resort and Spa, Beruwala, Occidental Eden Beruwala is owned by Browns Investments, and managed by the world-renowned Barceló Hotel Group under their Occidental brand. Occidental Eden Beruwala reopened its doors in May 2023 following the conclusion of an extensive renovation involving a total revamp of all 158 guest rooms, common spaces and guest amenities at a cost of Rs. 1.5 billion.
Located along the pristine sun kissed beaches of Sri Lanka’s southwestern coast on a stretch known as the “Golden Mile” in Beruwala, Occidental Eden Beruwala was redesigned to modern comfort and luxury, bearing in mind the evolving needs of the discerning traveler. The new unique design features of the Occidental Eden Beruwala are inspired by the art, culture and wonderful landscapes of Sri Lanka, while the resort-style ambiance creates an idyllic backdrop for a truly unforgettable island-holiday.
Occidental Eden Beruwala is the second hotel managed by Barceló Hotel Group in Sri Lanka, following the opening of Occidental Paradise Dambulla in 2021, a 4-star, 67-room hotel located in the cultural hub of Dambulla. The management of both hotels in Sri Lanka is the result of an agreement signed by Barceló Hotel Group in 2019 with Browns Investments, a subsidiary of the LOLC Group. This agreement also includes the management of two newly built hotels in the Maldives: a spectacular 100-villa resort located on the island of Bodufinolhu, set to open in August 2023, and an urban hotel in Malé, the country’s capital, scheduled to be opened in 2024. In addition, the agreement includes the future development of a complex of three 5-star hotels in North Male Atoll, also in the Maldives.
Speaking at the official relaunch of Occidental Eden Beruwala, Suresh Athukorala – Cluster General Manager of Occidental Hotels in Sri Lanka said “We have embarked on a substantial investment to elevate the standards of our facilities at Occidental Eden Beruwala. As we set our sights on the future, we are thrilled to embrace the promising prospects of Sri Lanka’s tourism sector, with projections indicating a steady rise in traveler arrivals over the next 12 to 18 months. With our upgraded amenities and dedicated staff, we invite guests to immerse themselves in unparalleled hospitality Eden has to offer.
Also speaking at the occasion Adrian Jansz – Director Sales and Marketing – Occidental Hotels in Sri Lanka said, “The relaunch of Occidental Eden Beruwala exemplifies Barceló Hotel Group’s unwavering commitment to continuous innovation. With this endeavor, we aim to not only elevate the standards of hospitality, but also position Sri Lanka as a leading global destination. The partnership with Browns Investments as the property owner, has further strengthened our ability to deliver seamless management and exceptional hosting, ensuring a smooth and flawless guest experience. Together, we embark on a remarkable journey of excellence. Our goal is to attract discerning travelers from the mid-upper market segment, offering them an extraordinary experience to cherish”.
Business
HNB Finance bags 2 CMA Reporting Awards 2025
HNB Finance PLC has been honoured with two prestigious accolades at the CMA Excellence in Integrated Reporting Awards 2025, reaffirming the company’s commitment to transparency, good governance, and integrated business performance.
At this year’s ceremony, HNB Finance PLC was awarded Second Runner Up – joint in the category of “Best Integrated Report , Finance and Leasing Sector”, and also received a Merit Award in recognition of its continued efforts to enhance reporting quality and strengthen stakeholder communication.
The CMA Excellence in Integrated Reporting Awards, organised annually by the Institute of Certified Management Accountants (CMA) of Sri Lanka, acknowledge organisations that demonstrate superior financial reporting standards aligned with global best practices. Winners are assessed on key criteria such as financial performance and strategic management, corporate governance and compliance, innovation and digital transformation, sustainability practices, and professional excellence.
Chaminda Prabhath, Managing Director/CEO of HNB Finance PLC, commented on the recognition, “These awards reaffirm our commitment to upholding the highest standards of integrated reporting and transparent financial disclosure. At HNB Finance, we remain focused on delivering sustainable long-term value through robust governance frameworks, prudent financial management, and continuous innovation. The acknowledgement by CMA Sri Lanka reflects the disciplined efforts of our teams across the organization and motivates us to further enhance our reporting quality, strengthen ESG integration, and reinforce our stakeholder centric approach.”
Business
ComBank joins ‘Liya Shakthi’ scheme to further empower women-led enterprises
The Commercial Bank of Ceylon has reaffirmed its long-standing commitment to advancing women’s empowerment and financial inclusion, by partnering with the National Credit Guarantee Institution Limited (NCGIL) as a Participating Shareholder Institution (PSI) in the newly introduced ‘Liya Shakthi’ credit guarantee scheme, designed to support women-led enterprises across Sri Lanka.
The operational launch of the scheme was marked by the handover of the first loan registration at Commercial Bank’s Head Office recently, symbolising a key step in broadening access to finance for women entrepreneurs.
Representing Commercial Bank at the event were Mithila Shyamini, Assistant General Manager – Personal Banking, Malika De Silva, Senior Manager – Development Credit Department, and Chathura Dilshan, Executive Officer of the Department. The National Credit Guarantee Institution was represented by Jude Fernando, Chief Executive Officer, and Eranjana Chandradasa, Manager-Guarantee Administration.
‘Liya Shakthi’ is a credit guarantee product introduced by the NCGIL to facilitate greater access to financing for women-led Micro, Small, and Medium Enterprises (MSMEs) that possess viable business models and sound repayment capacity but lack adequate collateral to secure traditional bank loans. Through NCGIL’s credit guarantee mechanism, Commercial Bank will be able to extend credit to a wider segment of women entrepreneurs, furthering its mission to drive inclusive economic growth.
Business
Prima Group Sri Lanka supports national flood relief efforts with over Rs. 300 Mn in dry rations
Prima Group Sri Lanka has pledged assistance valued at over Rs. 300 million, providing essential Prima food products to support communities affected by the recent floods across the island. This relief initiative is being coordinated through the Ministry of Defence to ensure the timely and effective distribution of aid to impacted families.
As part of this commitment, Prima Group Sri Lanka donated a significant stock of Prima dry rations to the Government of Sri Lanka on 30 November. The consignment will be distributed across multiple severely impacted districts. These supplies will support families facing disruptions to daily life, ensuring they receive assistance as recovery efforts continue.
The handover took place at the Ministry, where the donation was received by the Secretary of Defence, Air Vice Marshal (Retired) Sampath Thuyacontha. Representing Prima Group Sri Lanka, Sajith Gunaratne – General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera – General Manager of Ceylon Grain Elevators PLC, officially presented the donation.
Prima Group has been standing with the people of Sri Lanka for over 40 years, and this donation reflects its broader commitment to the nation during challenging times. As relief operations continue across the island, the company remains focused on helping families rebuild their lives and supporting the ongoing recovery process in collaboration with the Government Authorities.
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