Business

Slim Pharmaceuticals recognized as a ‘Great Place to Work’

Published

5 years ago

2021/05/2

Slim Pharmaceuticals (Pvt) Ltd., was recently bestowed with a ‘Great Place to Work’ certification in recognition of its efforts and initiatives in embracing a workplace culture focused on empowerment, openness, and inclusivity, which are all deeply embedded into its values.

With the firm belief that boosting morale and fostering a stimulating learning environment is critical to its success, Slim Pharma engages in many employee engagement and welfare activities. The company heavily invests in providing numerous training, team-building and personal development including an interactive online learning portal.

The certification, awarded by the Great Place to Work Sri Lanka for the period of one-year effective April 2021, was the outcome of a comprehensive assessment of the employee experience at Slim Pharma. Its Trust Index Survey is based on five principles namely credibility, respect, fairness, pride and camaraderie including existing people practices around fifteen main areas through the Culture Audit Management Questionnaire.

“We are proud to be recognized as a company with a great workplace culture. It is this that undoubtedly sets us apart from others. We are in the business of caring for people and this begins by caring for our own people – our talented and diverse employees. Having a work-life balance is crucial to our growth to ensure they are happy, productive, and keen to stay with us”, said Mahesh Premaratne, Joint Managing Director of Slim Pharmaceuticals (Pvt) Ltd.

Slim Pharma has garnered sustainable and trusted partnerships with over 35 globally renowned manufacturers of essential medication including MNCs such as Roache, Baxter and Otsuka. Today, Slim Pharma is one of the fast-growing pharmaceutical companies with a distinctive reputation built on trust and excellence, in less than a decade since its inception.

Slim Pharma’s diverse portfolio includes premium rung generic medicine, biopharmaceuticals, nutraceuticals, surgical, medical instruments (diagnostics) and cosmeceuticals. Its products go through a stringent screening process to ensure utmost quality and safety, and primarily focuses on medication for allergies, angina, anxiety, arthritis, asthma, bronchitis, cancer, cholesterol, diabetes, erectile dysfunction, gastrointestinal, heartburn and heart disease, hypertension, osteoarthritis, pain, UTI, and weight loss.

The company seamlessly works hand in hand with over 15 strategic distributors across Sri Lanka, catering to more than 2,500 hospitals and pharmacies. Its warehouse partner is global logistics giant DHL, fully equipped to accommodate secure storage complete with cold room storage facilities.

Slim Pharma strongly believes in giving back to the society through its CSR programs. Some of its recent initiatives includes donating facemasks to the Defence Ministry, high-end digital printers to the Medical Research Institute of Sri Lanka, and IT equipment to Apeksha Hospital, Maharagama.

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Business

Sri Lanka secures IMF staff-level deal for USD 700 million tranche

Published

19 hours ago

2026/04/10

Thilina Walpola

Sri Lanka has reached a staff-level agreement with the International Monetary Fund to secure the next tranche of funding under its ongoing bailout programme, marking a key step in the country’s fragile economic recovery.

The agreement, announced this week, will enable Sri Lanka to access approximately USD 700 million, subject to approval by the IMF Executive Board. The funds form part of the USD 2.9 billion Extended Fund Facility (EFF) programme agreed following the 2022 economic crisis.

The latest development covers the combined fifth and sixth reviews of Sri Lanka’s reform programme, indicating that the country has made sufficient progress to move forward, while highlighting the need to sustain reform efforts.

Sri Lanka’s economy has shown signs of stabilisation in recent months, supported by improved revenue collection, easing inflation, and a gradual buildup of foreign reserves. However, the recovery remains vulnerable to both domestic and external pressures.

By Ifham Nizam

Business

Israeli attack on Lebanon triggers local stock market volatility

Published

20 hours ago

2026/04/10

Thilina Walpola

Initially CSE trading was somewhat volatile despite the ceasefire in West Asia but it experienced further volatility after Israel attacked Lebanon yesterday.

However, the IMF delegation which is now in Sri Lanka to release two tranches of its relief package created some positive sentiments for the market, analysts said.

The All Share Price Index went down by 73.06 points, while the S and P SL20 rose by 10.57 points.

Turnover stood at Rs 2.96 billion with six crossings. Those crossings were: JKH 5.5 million shares crossed to the tune of Rs 807.6 million and its shares traded at Rs 19.70, CIC Holdings two million shares crossed for Rs 54 million; its shares traded at Rs 32, Access Engineering 600,000 shares crossed for Rs 44.4 million; its shares traded at Rs 74, Central Finance 116,000 shares crossed to the tune of Rs 27.5 million ; its shares sold at Rs 237, LMF 250,000 shares crossed for Rs 22.8 million; its shares fetched Rs 91.10 and Kelani Cables 200,000 shares crossed for Rs 21 million and its shares traded at Rs 105.

In the retail market seven companies that mainly contributed to the turnover were; Dialog Rs237 million (7.5 million shares traded), LMF Rs 203 million (22 million shares traded), Colombo Dockyard Rs 199.7 million (1.1 million shares traded), HBA Foods Rs 163 million (18.5 million shares traded), JKH Rs 156 million (7.8 million shares traded), JKH Rs 156 million (7.8 million shares traded), Softlogic Holdings Rs 117 million (9.6 million shares traded) and Acme Printers Rs 107 million (15.6 million shares traded). During the day 133.3 million share volumes changed hands in 23666 transactions.

It is said that manufacturing sector counters, like JKH, performed well, while food sector counters, especially LMF and HBA Foods, performed well. Other sectors too performed somewhat well during the day.

Yesterday the rupee was quoted a Rs 315.42/48 to the US dollar in the spot market from 315.30/40 the previous day, dealers said, while bond yields were quoted higher.

By Hiran H. Senewiratne

Business

HNB Assurance marks 25 years with strategic transformation to ‘HNB Life’

Published

20 hours ago

2026/04/10

Thilina Walpola

Highlights from the new brand reveal as HNB Assurance transforms into HNB Life

Marking 25 years of trust, growth, and service excellence, HNB Assurance PLC has unveiled its new corporate identity, transitioning to HNB Life PLC a strategic evolution that reflects the company’s forward-looking vision and commitment to empowering lives with protection and the freedom to thrive, no matter where life takes them.

This milestone signifies more than a change in name or visual identity. It represents a deliberate transformation shaped by strong performance over the past few years, during which the company has achieved remarkable growth, strengthened its market position and enhanced its customer-centric capabilities.

The newly introduced logo, inspired by the form of a wing, symbolises HNB Life’s role as a proactive enabler. It reflects the organisation’s commitment to supporting individuals in navigating life’s journey with confidence, empowering them to pursue their aspirations and live life on their own terms.

The official unveiling took place at a launch event attended by key stakeholders, strategic business partners, well-wishers and employees.

Addressing the gathering, Chairman, Stuart Chapman highlighted the significance of this transformation, stating, “As we mark 25 years of progress, the transition to HNB Life reflects our strategic intent to evolve with the changing needs of our customers and the broader market. This new identity embodies our purpose, to enable and empower individuals to achieve what they truly aspire to in life, with confidence and security. As a company we are extremely excited on what the future holds for as, as we build on an incredible foundation laid over the past two and a half decades.”

The new Vision of the Company is “To be the leader in empowering lives with protection and freedom to thrive, no matter where life takes them”.