Business
Serendib Flour Mills launches fortified ‘Adi Shakthi’ flour in Kandy

Serendib Flour Mills, fuelled with the purpose of nourishing the nation, launched its new ‘Serendib Adhi Shakthi Fortified Wheat Flour’ – a micronutrient-fortified wheat flour exclusively aimed at plantation communities in Kandy recently.
Introduced in November last year, the new Serendib Adhi Shakthi flour contains essential nutrients such as Iron, Folic Acid, and Vitamin B12, and is tailored to meet the nutritional needs of estate communities, mainly to address key nutritional deficiencies and the rising incidence of Non-Communicable Diseases (NCDs).
Serendib Flour Mills working in collaboration with the Plantation Human Development Trust (PHDT), launched the product at the Golden Crown Hotel, Kandy amidst a distinguished presence of guests including PHDT Chairman Barath Arulsamy, Director General Lal Perera and Mahesh Wanigasuriya Regional Director Kandy. Serendib Flour Mills’ top leadership, comprising CEO Vijay Sharma, CFO Suresh Murugesu, Kalinga Wijesekara, Director Brand and Corporate Communication and other team members were also present at the ceremony.
The colourful event included captivating dance performances and symbolized a significant step towards community enrichment and nourishment marking a key milestone in the region of Kandy.
Business
Dr RAD Jeewantha named most innovative dentist of the year

Dr. R. A. D. Jeewantha was honoured as the Most Innovative Dentist of the Year at the Business World International Awards, 2025. Organised by the Business World International Organisation, the award ceremony was held recently at the Mount Lavinia Hotel. A graduate of the Faculty of Dental Sciences, University of Peradeniya, Dr. Jeewantha has built a reputation as one of Sri Lanka’s most respected and forward-thinking dental surgeons. After gaining vital experience in Government hospitals, including the Teaching Hospital in Karapitiya, he also served at a leading private hospital before launching his own practice—Doctor J Premium Dental Care in Delkanda, Nugegoda.
His dental clinic is known for offering advanced, patient-focused treatments in restorative dentistry, cosmetic procedures, and implantology, using state-of-the-art technology. Dr. Jeewantha is especially skilled in dental implants, having completed the American Residency Course in Dental Implantology at Roseman University, accredited by the American Academy of Implant Dentistry. Dr. Jeewantha holds fellowships from the International College of Continuing Dental Education (FICCDE) and the Pierre Fauchard Academy (USA). His advanced skills include modern root canal treatments using Mineral Trioxide Aggregate (MTA) for both surgical and non-surgical procedures.
He has completed international trainings in digital dentistry, full-arch implantology techniques like All-on-Four and Zygomatic Systems, and smile design using digital 3D scans. He has participated in global dental events such as the Asia-Pacific Dental Congress and completed training at institutions including the University of Manchester and North Western State Medical University in Russia. His courses have covered everything from intraoral scanning to managing tooth wear. He has previously received many local and international awards. Dr. Jeewantha also serves the community as a Justice of the Peace for All Island.
Business
IIHS Foundation in Biological Studies offers fast-track route to global health careers

The Foundation in Biological Studies at IIHS provides a unique alternative for students looking to fast-track their health careers after their Ordinary Level (O/L) exams. This programme offers a direct route to global health careers, bypassing traditional A/Ls. With over 1,000 students already advancing to universities in Australia, the UK, and Finland, IIHS has positioned the course as a reliable launchpad for careers in fields like medicine, nursing, biomedical sciences, and digital health. “This programme is a game-changer, offering a transformative journey into global healthcare education,” said IIHS CEO Dr. Kithsiri Edirisinghe.
Business
Seylan Bank Reports Strong Growth in Q1 2025 Financials

Seylan Bank has recorded a Profit before Tax (PBT) of LKR 4,199 million in Q1 2025, marking a 13.36% growth compared to LKR 3,704 million in Q1 2024. Profit after Tax (PAT) rose by 20.29%, reaching LKR 2,761 million, up from LKR 2,295 million in the corresponding period of 2024.
Despite a decrease in net interest income by 8.37% due to market interest rate reductions, the bank’s net fee-based income grew by 13.83%, driven by fees from loans, cards, remittances, and other services. Total operating income for the quarter was LKR 11,258 million, a 3.83% decrease from the previous year, while operating expenses rose by 4.62%, largely due to increased personnel and other operating costs.
Impairment charges were significantly reduced by 83.17%, totaling LKR 262 million, reflecting the bank’s solid credit quality and proactive provisions. The bank’s impaired loan ratio improved to 1.98% from 2.10% in Q1 2024, with a provision cover ratio of 80.74%.
Seylan Bank’s total assets grew to LKR 785 billion, with loans and advances reaching LKR 469 billion and deposits totaling LKR 647 billion. The bank’s capital adequacy ratios remained strong, with the Common Equity Tier 1 Capital Ratio at 13.67% and Total Capital Ratio at 17.64%.
In addition to its financial performance, Seylan Bank continued its commitment to education, opening 16 more “Seylan Pahasara Libraries,” bringing the total to 281 libraries across the island.Fitch Ratings upgraded Seylan Bank’s National Long-Term Rating to ‘A+(lka)’ with a Stable Outlook in January 2025, further underscoring the bank’s financial stability and growth trajectory.
-
Features6 days ago
RuGoesWild: Taking science into the wild — and into the hearts of Sri Lankans
-
News5 days ago
Orders under the provisions of the Prevention of Corruptions Act No. 9 of 2023 for concurrence of parliament
-
Features7 days ago
New species of Bronzeback snake, discovered in Sri Lanka
-
News5 days ago
Prof. Rambukwella passes away
-
Business20 hours ago
Pick My Pet wins Best Pet Boarding and Grooming Facilitator award
-
News7 days ago
Photo of Sacred tooth relic: CID launches probe
-
Opinion6 days ago
Sri Lanka’s Foreign Policy amid Geopolitical Transformations: 1990-2024 – Part IX
-
Features7 days ago
Sri Lanka’s Foreign Policy amid Geopolitical Transformations: 1990-2024 – Part VIII