Business
Aitken Spence & Singapore Airlines celebrate 50 years of partnership
The Golden jubilee partnership between Singapore Airlines and Aitken Spence as the General Sales Agent (GSA) in Sri Lanka was recently celebrated in grandeur at The Stables, Park Street Mews, Colombo. The partnership formed between Malaysia Singapore Airlines (MSA) presently known as Singapore Airlines (SIA) and Aitken Spence dates back to June 1972. Aitken Spence is the longest standing GSA in the Singapore Airlines Network.
This momentous occasion was graced by David Lau – Regional Vice President for West Asia & Africa of Singapore Airlines, Patrick Ee – Cargo Regional Vice President for West Asia & Africa of Singapore Airlines, Board of Directors and the Management Council of Aitken Spence, key personnel of the passenger and cargo regional office of SIA and the team from local SIA office led by Vasantha Kudaliyanage – Managing Director Aitken Spence Aviation (GSA) and Zachary Liew, General Manager for Singapore Airlines in Sri Lanka.
The keynote speech was made by Dr. Parakrama Dissanayake – Deputy Chairman/ Managing Director of Aitken Spence. He emphasized that a celebration of the 50th Anniversary, the Golden jubilee is a lifetime achievement. He also highlighted the colossal contribution by SIA to Sri Lanka facilitating tourism, trade, connectivity, generation of economic growth, job opportunities whilst improving living standards and alleviating poverty.
Ms. Stasshani Jayawardena – Executive Director Aitken Spence & Head of Tourism & Leisure sector of the Group, enlightened the audience of the inception and the efforts by Mr. G. C. Wickramasinghe, former Chairman and Main Board Director of Aitken Spence who was instrumental in this partnership serving as the first Managing Director of the Singapore Airlines GSA in Sri Lanka.
Valued members attached to numerous bodies of the aviation field, Trade & Cargo partners were among the distinguished invitees with the latter being recognised and complimented for their continuous support in this long and arduous journey.
This occasion also provided an ideal platform to recognize and appreciate the staff for their long-standing service and commitment that has been one of the core pillars of success in this time-honored partnership.
The glamourous night and the ambience provided a perfect setting to celebrate whilst revisiting the momentous events of the past.
This 50-year milestone represents the longest GSA relationship in the Singapore Airlines network which demonstrates decades of trust, teamwork, and shared goals in bringing the very best in service and travel experience to the local travellers.
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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