Business
Sri Lanka takes centre stage at Embassy Festival 2023
Sri Lanka once again showed its full potential as a world renowned travel destination at the Embassy Festival 2023, held in the Beautiful city of Hague, Netherlands. Sri Lanka Tourism Promotion Bureau in collaboration with the Sri Lanka Embassy in the Netherlands, made this participation a success by creating an attractive Sri Lanka Pavilion which was definitely a crowd pleaser.
The Sri Lanka pavilion was a major attraction and one of the most popular stalls at the event, where it had the opportunity to showcase its rich and vibrant culture, delectable cuisine, and warm hospitality to more than 50,000 international visitors. They were simply amazed by the warm hospitality and the various travel opportunities the paradise Island had to offer. Sri Lanka Tourism took the maximum advantage of this opportunity to highlight Sri Lanka as a compact destination which is blessed with all the natural resources, picturesque locations and sunny beaches, including the best of Ayurveda and traditional Sri Lankan cuisine to tantalize your taste buds. The embassy Festival created colorful atmosphere as it brought together all the nations across the world with their respective cultures.
The event was a sensory delight as the air was filled with the tantalizing aroma of Sri Lankan spices and teas, accompanied by the enchanting sounds of traditional music and dance, all wrapped in the genuine warmth of Sri Lankan hospitality. Our very own Sri Lankan culinary artisans worked their magical hands, whipping up mouthwatering dishes that included spicy Koththu, crispy hoppers, and the famous Polos cutlet and Parippu wade, leaving festival goers craving for more.
The mesmerizing Sri Lankan dance and music with its unique artistic and traditional style, throughout the whole event added more color and excitement to the Sri Lanka pavilion, offering visitors a unique experience to explore the breathtaking beauty of this Island and its people, renowned across the whole world for their warm smile. (SLTPB)
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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