Business
ProMate gives used exercise books a second life to aid visually impaired students’ education
Leading stationery manufacturer ProMate Sri Lanka participated in an impactful book collection drive recently to help visually impaired students pursue their studies, engage in communication, and interact with the world. ProMate is a product of one of the most famed and oldest pioneer book publishers in Sri Lanka, Ratna Publishers.
Due to rapid inflation and rising costs, the price of school supplies has also increased by a staggering 300%. This has exacerbated existing challenges for students, especially schools for the blind across the country faced with sourcing the necessary paper for their students.
It is a known fact that the enrollment of visually impaired students at schools is dismal and few receive a proper education. Braille paper is expensive and often in short supply. ProMate identified the importance and urgency of upcycling used exercise books for their education, and also as a means to expand access to learning. After all, to a visually impaired student, a used exercise book is like brand new.
Supporting this worthy cause, ProMate lent its extensive branch network as collection points for the public to donate used CR notebooks. It was noted that each book provides six pages that can be used for Braille writing. By upcycling used books, ProMate realized that it could maximize resources for visually impaired students’ education.
ProMate estimates that papers worth LKR 500 million are discarded annually in Sri Lanka. Upcycling them for social good is also environmentally and economically beneficial. ProMate collected used books, trimmed the pages to A4 size, and distributed them to the special schools most in need. ProMate supplied the A4 sheets to schools based on the number of students.
The company also aims to deliver papers using cast-off books to aid Braille education nationwide, as the materials will help hundreds of students continue their studies despite fiscal challenges.
As part of the campaign to create awareness for the cause and educate the public on upcycling used books, the company also collaborated with advertising agency Ogilvy to create a heartwarming video. The video depicts how students can pass down used books to benefit those who are visually impaired, just as families hand down toys or clothes between siblings.
Volunteer Sri Lanka, a non-profit, also partnered to expand the reach of drop-off locations using its volunteer base across provinces, widening the collection network. The initiative enables Sri Lankans nationwide to come together and support the education of visually impaired children, enabling the public to uplift disadvantaged communities.
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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