Business
Seylan Harasara to bring more benefits to Senior Citizens
Seylan Bank’s senior citizen savings account, Seylan Harasara offers many privileges to the Senior Citizens by identifying their essential needs and providing relevant financial solutions. As a means of providing relief for regular medical needs, Seylan Bank, the Bank with a Heart, announced the offer of a range of discounts for medical services and daily needs to its Harasara Debit Card holders.
The latest rewards for Seylan Harasara Debit Card holders are primarily focused on medical needs, as it is one of the most crucial requirements for Senior Citizens. With this in mind, Seylan Bank has partnered Asiri hospitals, offering up to 20% on OPD laboratory services, CT and MRI scans, ECG, X-ray, Mammograms and more selected services when paid for using the Seylan Debit Card and, discounts up to 10% at Asiri Laboratories. The offers also extend to Vision Care where Harasara Card holders receive discounts up to 20% on hearing aids and up to 10% off for spectacles and sunglasses.
Furthermore, Seylan Harasara account holders receive 25% savings for any treatment at the Siddhalepa Treatment Centers in Horton Place and Mount Lavinia and on OPD medicine and treatments at the Siddhalepa Ayurveda Hospital. The discount is also extended to room rates for stays over 2 nights at the Siddhalepa Ayurveda Hospital.
An attractive pension day savings on essentials is offered to senior citizens where they receive 10% off at Cargills Foodcity on the monthly pension day and the following two days. Moreover, a 15% discount is on offer for both local and foreign books at Vijitha Yapa bookshops.
Commenting on the newest offers, Dimuth Sigera, Assistant General Manager – Branches, Zone 1, Seylan Bank, stated, “Seylan Bank’s core values consist of going beyond providing only financial solutions to our customers. Our senior citizens are very important to us, as they have contributed to society, and now deserve to enjoy the benefits of their work. As a responsible bank, we always attempt to identify their most essential needs and fulfill them in the best ways possible. Since recurrent medical needs are prevalent within this segment of our society, and the trend seems to be moving towards an increase in medicine related expenses owing to the current economic situation, Seylan Harasara pays more focus in providing relief for such needs, together with other benefits. We believe that this will enable us to support our Senior Citizens and ease some of their burdens”.
The primary benefits for Seylan Harasara account holders include Pensioners’ Loan up to Rs. 5 million, a one-off utility payment up to Rs. 5,000 for those who transfer their pension to a Harasara account and continuously remit the pension for 3 months, a reimbursement up to Rs. 200,000 on general surgery, and cost for lenses and accessories for cataract surgery.
Business
JAT Holdings celebrates the 6th Pintharu Abhiman Convocation, uplifting over 800 painters through NVQ certification
JAT Holdings PLC marked a significant milestone with the successful conclusion of the 6th JAT Pintharu Abhiman Convocation, recognising more than 800 painters who have earned their NVQ Level 3 qualification, an internationally recognised professional certification delivered in partnership with the National Apprentice and Industrial Training Authority (NAITA).
JAT Pintharu Abhiman was established to uplift Sri Lanka’s painter community through structured skills development, professional recognition and stronger earning potential. This year’s graduating cohort reflects the programme’s expanding reach and the tangible changes it continues to deliver for individuals, families and communities.JAT in collaboration with NAITA has streamlined the certification process such that what would traditionally take up to six months has been refined into an efficient and high-impact three-day assessment model. This approach ensures painters can obtain their qualification without sacrificing extended periods of work, while JAT fully absorbs the certification cost, removing financial barriers and enabling wider access to formal recognition.
Research conducted amongst NVQ qualified participants shows meaningful improvements in livelihoods, with 90 percent reporting increased personal confidence and 76 percent noting an improvement in their overall standard of living. This uplift demonstrates the long-term value of industry-aligned professional training.
A noteworthy moment at this year’s convocation was the recognition of four female painters who received their NVQ certifications. Their achievement marks an important step in broadening female participation in a field that has historically been male dominated, reinforcing JAT Holdings’ commitment to creating inclusive pathways for technical development and sustainable employment.
Speaking at the ceremony, Mr. Wasantha Gunaratne, Director Sales and Technical (South Asia) of JAT Holdings PLC, said:
“Pintharu Abhiman is fundamentally about development, giving painters the knowledge, structure and recognition they need to progress in their careers. By equipping over 800 painters with an internationally recognised NVQ qualification, we are not only strengthening the technical standards of the industry but also creating real pathways for entrepreneurship and financial independence. It is especially encouraging to see that one in five certified painters have already begun building their own businesses. These are the outcomes that matter because they show that when we invest in skills, we unlock opportunity. JAT remains committed to expanding these avenues so every painter has the chance to grow, lead and build a sustainable future.”
The 6th JAT Pintharu Abhiman Convocation underscores JAT’s continued dedication to uplifting the painter community, enhancing industry standards and supporting national skills development through accessible, professionally recognised qualifications.
Business
Industry bodies flag gaps in Draft National Electricity Policy
The Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Association Forum, National Chamber of Commerce of Sri Lanka and Sri Lanka Association for Software and Services Companies, has submitted joint observations on the Draft National Electricity Policy, highlighting that several key issues have not been adequately addressed.
Whilst recognizing the need for reform in the electricity sector, the submission flags several gaps in the draft policy that require closer attention. Key areas such as affordability, decarbonisation commitments, incentives for renewable energy, competition, and the long-term financial health of the sector are either missing or not addressed in sufficient depth.
The proposed tariff revisions outlined in the draft energy policy raise concerns, particularly regarding the removal of cross-subsidies and the proposal to restrict subsidies exclusively to households consuming less than 30 kWh per month. Without detailed analysis, these measures could weaken access to sustainable and affordable energy and potentially lead to fiscal risks.
The provisions allowing uncompensated curtailment, removing feed-in tariffs, and imposing mandatory time-of-use tariffs on rooftop solar users could make renewable energy projects un-bankable for international lenders, thereby increasing the cost of capital for Sri Lanka.
Calling for a more future-focused approach, the submission stresses the need for a policy that reflects modern electricity systems, including planning for the energy transition, energy storage, market competition, cross-border electricity trading, and emerging technologies.
The Chambers and Associations request a comprehensive revision of the Draft National Electricity Policy, alignment with the Electricity Act, and resubmission following substantive consultation, and reiterate support to engage constructively with policymakers to shape a policy that supports affordability, investment confidence, and Sri Lanka’s long-term energy security.
Business
Bank of Ceylon partners with 36th APB Sri Lanka Convention
Bank of Ceylon (BOC) partnered with the 36th Annual Convention of the Association of Professional Bankers (APB) Sri Lanka, reaffirming its commitment to promoting professional excellence and knowledge sharing within the banking sector. The partnership was officially handed over by Sameera D. Liyanage, Chief Marketing Officer of Bank of Ceylon and M. R. N. Rohana Kumara, Deputy General Manager Business Revival Unit of Bank of Ceylon, reflecting BOC’s focus on empowering banking professionals and supporting the sustainable growth of Sri Lanka’s financial services industry.
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