Business

Top child artists rewarded at ComBank’s colourful ‘Arunalu Siththam’ awards event

Published

4 years ago

2022/02/24

Representatives of the corporate management of Commercial Bank, the judges and the top 12 child artists at the ‘Arunalu Siththam’ awards event at the BMICH.

Over Thirteen thousand colourful works of art were scrutinised to select the best child artists who created the most imaginative drawings to be honored and rewarded with cash prizes and certificates at the ‘Arunalu Siththam’ art competition conducted recently by the Commercial Bank of Ceylon.

Of these winners, the 12 young artists that topped four of the five age groups that competed in the competition received their prizes at a colourful ceremony hosted by the Bank at the BMICH.

The Bank launched the ‘Arunalu Siththam Children’s Art Competition 2021’ – the second in the series – in October last year and invited children between the ages of 4-16 under five age categories to submit drawings that illustrate the themes of ‘Our lifestyle,’ (Junior category) and ‘Gifts of nature,’ (Senior category) before 25th November 2021. The categories were Pre-school (ages 4-5), Primary (ages 6-7), Post Primary (ages 8-10), Junior (ages 11-13), and Senior (ages 14-16). The competition was open to any child, whether an account holder of the Bank or not. However, in recognition of being an existing account holder, special cash prizes are to be awarded, doubling the prize.

The child artists that took the stage at the BMICH were the First, Second, and Third placed winners in the four older age groups. These winners were presented cash prizes of Rs 100,000, Rs 75,000, and Rs 50,000 each, as per their placements.

Although not present at the event, the 25 youngest winning contestants in the Pre-school category will be awarded cash prizes of Rs 10,000 each and certificates, and another 50 participants in this category will receive Merit Certificates. Additionally, 25 contestants in each of the other age groups will each receive cash prizes of Rs 10,000 while another 50 participants in each group will receive Merit Certificates, the Bank said.

The total of 359 winners including the top three in each category as well as the winners of Awards of Excellence and Merit Awards were selected from the entries that were submitted digitally via www.arunalusiththam.lk, but only the top winners were present at the awards event, so as to ensure safety in view of the prevailing situation.

The Bank said all other winners will receive their certificates through the nearest Commercial Bank Branch and those that have won cash prizes will have their winnings credited to their respective ‘Arunalu’ accounts. A total of Rs 2.5 million in cash prizes is to be distributed among the winners.

The panel of judges for the competition included Professor Susiripala Malimboda, retired Dean of the University of the Visual and Performing Arts (VPA) who is also a member of the State Arts Council of Sri Lanka; Mrs Deepa Alahakoon, a Consultant Creative Director (Advertising) and visiting lecturer at the VPA; Mr Lal Jayasekara, Senior Lecturer and the Head of Department of Printmaking at VPA; Mr Sanjaya Seneviratne, professional artist and a graduate of VPA and Mrs Inoka Edirisinghe, art teacher at Royal College Wayamba who is also a graduate of VPA.

The vibrant awards ceremony was attended by Commercial Bank’s Group Chief Marketing Officer Mr Hasrath Munasinghe, Deputy General Manager – Personal Banking Mr Delakshan Hettiarachchi and representatives of the senior management of the Bank.

Commercial Bank launched the ‘Arunalu Siththam Art Competition’ in 2017. The flagship children’s savings account of Commercial Bank, Arunalu, after which the competition was named, offers a higher interest rate for Children’s Savings Accounts and rewards account holders with special cash prizes if they score the first, second or third highest aggregate marks in their schools at the Year 5 Scholarship Examination.

Sri Lanka’s first 100% carbon neutral bank, the first Sri Lankan bank to be listed among the Top 1000 Banks of the World and the only Sri Lankan bank to be so listed for 11 years consecutively, Commercial Bank operates a network of 268 branches and 938 automated machines in Sri Lanka. Commercial Bank is the largest lender to Sri Lanka’s SME sector and is a leader in digital innovation in the country’s Banking sector. The Bank’s overseas operations encompass Bangladesh, where the Bank operates 19 outlets; Myanmar, where it has a Microfinance company in Nay Pyi Taw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.

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Business

Sri Lanka secures 10% US tariff rate: JAAF thanks the President and government for decisive action

Published

24 mins ago

2026/07/25

Thilina Walpola

Today’s announcement by USTR of the finality of the Section 301 investigations into countries’ ability to impose and effectively enforce a prohibition on the importation of goods produced with forced labour sees 18 countries placed on a 10% tariff, with the balance of 42 countries facing a 12.5% tariff.

Initial indications were that Sri Lanka would fall into the 12.5% category, a position that would have placed the country at a real disadvantage against a number of key competitor nations.

Following Sri Lanka’s submissions to the USTR earlier this month, JAAF is pleased to see that Sri Lanka is now among the countries placed on the 10% tariff rate, on par with competitors including Bangladesh, Pakistan, India, and Cambodia.

Sri Lanka’s apparel industry competes in a crowded field, and even a 2.5 percentage point difference in tariff treatment can be the difference between winning and losing an order to a rival sourcing destination. Securing parity with Bangladesh, Pakistan, India, and Cambodia protects the competitiveness of an industry that remains the country’s largest export earner and a major source of employment, particularly for women, across the country.

JAAF recognises that this result did not happen by chance. It reflects sustained, coordinated engagement between industry and government at every level, from the submissions made to USTR to the direct representations carried out in Washington. We view this as a strong example of what can be achieved when the private sector and government work in close partnership on issues that directly affect Sri Lanka’s export competitiveness.

We remain committed to continuing this collaboration, both to safeguard the gains secured on Thursday and to ensure Sri Lanka’s apparel and textile industry is well positioned to compete on a level playing field internationally.

Business

CAHM students shine at National Bartenders Competition and Dainties 2026

Published

29 mins ago

2026/07/25

Thilina Walpola

Students of the Colombo Academy of Hospitality Management (CAHM) at SLIIT once again demonstrated their talent, creativity, and professional excellence by securing outstanding achievements at two prestigious national hospitality competitions held recently in Sri Lanka.

The Colombo Academy of Hospitality Management (CAHM) is Sri Lanka’s leading private hospitality education institute, established in 2013 and located at the SLIIT Main Campus in Malabe. Renowned for delivering internationally recognised qualifications in partnership with the William Angliss Institute (RTO 3045), Australia—the Australian Government’s specialist hospitality education institute and the country’s leading provider of hospitality, tourism, foods and events education—CAHM offers Australian-standard vocational qualifications that combine international best practices with hands-on practical training and strong industry relevance, enabling graduates to pursue rewarding careers around the world.

At the 31st National Bartenders Competition (NBC), organized by the Sri Lanka Hospitality Graduates Association (SLHGA) in partnership with International Distillers Limited (IDL), CAHM student Anurasi Chandrasoma (Commercial Cookery Batch 22) emerged as the Winner in the highly competitive Hotel School Category. The competition, held on 26 May 2026 at the Sri Lanka Institute of Tourism and Hospitality Management (SLITHM), Colombo, attracted more than 75 participants from hospitality education institutions across the country.

Representing CAHM alongside the winner were Dishala Gunawardhana (Hospitality Management Batch 37), Sunera Sathindu (Commercial Cookery Batch 21), and Devindu Amarasekara (Patisserie Batch 11), all of whom showcased exceptional bartending skills and professionalism. The achievement marks another significant milestone for CAHM, reinforcing its reputation as one of Sri Lanka’s leading hospitality education institutions.

Business

Asia-Pacific business leaders to convene in Sri Lanka for UN Global Compact’s flagship regional event

Published

29 mins ago

2026/07/25

Thilina Walpola

Asia-Pacific stands at the forefront of one of the defining transitions of our time. Home to many of the world’s fastest-growing economies, the region is also confronting some of the world’s most pressing sustainability challenges—from climate change and biodiversity loss to widening inequalities, geopolitical uncertainty and rapid technological transformation. As these challenges reshape the global business landscape, businesses are increasingly being called upon not only to respond, but to lead.

Against this backdrop, Sri Lanka will host Forward Faster Now | APAC 2026: Driving Business Leadership for Sustainable and Inclusive Growth, the United Nations Global Compact’s flagship regional event for Asia-Pacific. Bringing together more than 200 business leaders, sustainability practitioners, policymakers, representatives from the United Nations and UN Global Compact Country Networks from across the region, the two-day event will provide a platform to strengthen partnerships, exchange practical solutions and mobilize business leadership in support of the Ten Principles of the United Nations Global Compact and the Sustainable Development Goals (SDGs).

Led by the UN Global Compact Asia-Pacific Regional Hub and hosted in collaboration with UN Global Compact Network Sri Lanka, the regional event reflects a shared commitment to advancing responsible business and strengthening regional collaboration at a time when sustainable development depends on collective leadership and cross-sector cooperation.

The event will welcome Sanda Ojiambo, Assistant Secretary-General, CEO & Executive Director of the United Nations Global Compact, whose presence spotlights the strategic importance of the Asia-Pacific region within the United Nations Global Compact. Her first official visit to Sri Lanka signals the growing role of the region in driving responsible business and sustainable development, while offering participating companies a unique opportunity to engage with global leadership, showcase their sustainability journeys, and help shape the next chapter of collective action towards the Sustainable Development Goals.

Alongside Sanda Ojiambo, the Forum will also convene more than 60 global and regional leaders from business, the United Nations and civil society, including Dilhan C. Fernando, Chairman of Dilmah Ceylon Tea Company and Chairman of UN Global Compact Network Sri Lanka, and Sandra Wu, ESG Executive Adviser at Mirait One Corporation, fostering dialogue and collaboration to accelerate business leadership for sustainable and inclusive growth across Asia-Pacific.

Forward Faster Now | APAC 2026 also marks an important milestone in advancing the United Nations Global Compact’s 2026–2030 Strategy, which places renewed emphasis on equipping businesses with the knowledge, tools and partnerships needed to accelerate sustainable business transformation, catalyzing collaboration to address shared global challenges, and advancing responsible business leadership as a cornerstone of sustainable development. As one of the first flagship regional events aligned with this strategic direction, the event will help translate global ambition into regional action by connecting leaders, sharing practical experience and fostering the partnerships needed to create lasting impact.

Register Your Interest

Forward Faster Now | APAC 2026 will take place in Colombo, Sri Lanka, on 11–12 August 2026.

To register your interest or learn more about the event, please contact:

Chamath Kalupahana

Country Focal Point – Forward Faster Now | APAC 2026

Manager – Participant Engagement & Strategic Planning

UN Global Compact Network Sri Lanka

Email: chamath@unglobalcompact.org.lk