Business
Thambapanni leisure ventures into Hanoi, Vietnam from Brisbane, Australia
Offers visiting Sri Lankans an interchange for business connections
By Sanath Nanayakkare
Sri Lanka’s Thambapanni leisure chain has four hotels in Unawatuna with more than 100 star-class rooms. When the economic crisis hit Sri Lanka in 2022, the company ventured out to Australia seeking more stable business operations there.
With their restaurant business in Brisbane Australia thriving by dint of their hard work, they have now set up an Italian restaurant in Hanoi, Vietnam. And they say Sri Lankans visiting these two countries can expect to make proactive business connections with top-end natives at their two well-patronized restaurants.
“Whichever of the two countries you go seeking to meet people of good business repute to do business with, the chances are high that you could link up with the right people you are searching for at our seafood restaurant in Brisbane, Australia and our Italian restaurant in Hanoi, Vietnam, “they said.
The Island Financial Review found the two business partners – Preshan Dissanayake and Isuru Yapa were bold enough to take their restaurant business from the pearl of the Indian ocean to the southern hemisphere of Australia to Vietnam in Southeast Asia, at a time the Indian ocean’s pearl had become its tear drop.
“We had no other option. We were looking for survival. we took that initiative, putting a significant upfront investment at risk, and today we are seeing the rewards of that difficult decision,” they said.
“We started the restaurant ‘Coco Gabba’ next to Gabba Stadium in Brisbane, Australia where 2032 Olympics is going to happen. Coco Gabba is a well-patronized seafood restaurant today and on the back of its success, we are now preparing to start a Thai restaurant in the same place,” they said.
“We want to especially mention that about three months ago, we set up a new Italian restaurant named Mano Italian in Hanoi, Vietnam where the Director Operations is Manju Priyankara who is a master chef in Italian cuisine with 15-years of authentic experience. Top-end individuals patronize this restaurant and so is our seafood restaurant in Brisbane. Literally speaking, we have built bridges in these two countries for Sri Lankan entrepreneurs to benefit from; particularly for those who don’t have a base in these two countries to foster their business ties. Our restaurants in these countries will prove to be very useful for you if you are looking to do business in these markets,” they said.
They told the Island that they would be opening their second restaurant in Brisbane and the second in Vietnam in the near future.
‘We are also planning to diversify into the property business in Australia. Our reputation in the restaurant business will pave the way for it,” they opined.
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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