Connect with us

Business

Aitken Spence Travels wins top Sustainability Award 2022

Published

on

Aitken Spence Travels (Pvt) Ltd emerged as the most sustainable Destination Management Company (DMC) and the role model of sustainability in the tourism industry at the recently held “Sustainability Awards 2022,” organized by the AHK (Delegation of German Industry and Commerce in Sri Lanka), together with the Friedrich Naumann Foundation.

The Sustainability Awards 2022 serves to recognise sustainability initiatives and award companies across the agriculture, textile, and tourism industries for such efforts. The nominees were reviewed under four broad categories, namely, holistic approach to sustainability, visionary leadership, innovative capability, and resistance to external factors to reward.

As one of the leading DMCs in the tourism industry in Sri Lanka for 45 years, Aitken Spence Travels being part of the Aitken Spence PLC group has sustainability engrained to the DNA of the company and is serious about its commitments and principles. The company works within the industry to safeguard and strengthen the livelihoods of communities, promote social integration and peace through cultural exposure, and help to foster goodwill among different communities. Moreover, has integrated the UN Sustainable Development Goals (SDGs) and specific targets into the company’s sustainability strategies as the outcome would contribute towards national and international development needs.

Offering community-based excursions, offsetting carbon footprints, and executing CSR projects such as “The Art of Giving”, Tree planting programs, and “Travel Kindly” initiative are salient contributors to the company’s successful sustainability journey.

Commenting on the company’s stellar performance, Stasshani Jayawardena Executive Director, Aitken Spence PLC and Head of the Tourism and Leisure, said, “Aitken Spence Travels has continuously strived towards making meaningful contributions to local and global development needs in the tourism industry. This achievement resonates with the values of the organisation and our unwavering commitment to reach greater heights in sustainability amidst many challenges faced in the tourism industry.”

Nalin Jayasundera, the Managing Director, Aitken Spence Travels (Pvt) Ltd, also commented, “We are delighted to win this award, which is a reflection of our effort to preserve sustainable tourism at every step of our value chain. We are thankful to our staff, consumers, suppliers, partners, and all other stakeholders for their patronage that has helped us to extend and excel in sustainability.”



Business

JAT Holdings celebrates the 6th Pintharu Abhiman Convocation, uplifting over 800 painters through NVQ certification

Published

on

JAT Holdings PLC marked a significant milestone with the successful conclusion of the 6th JAT Pintharu Abhiman Convocation, recognising more than 800 painters who have earned their NVQ Level 3 qualification, an internationally recognised professional certification delivered in partnership with the National Apprentice and Industrial Training Authority (NAITA).

JAT Pintharu Abhiman was established to uplift Sri Lanka’s painter community through structured skills development, professional recognition and stronger earning potential. This year’s graduating cohort reflects the programme’s expanding reach and the tangible changes it continues to deliver for individuals, families and communities.JAT in collaboration with NAITA has streamlined the certification process such that what would traditionally take up to six months has been refined into an efficient and high-impact three-day assessment model. This approach ensures painters can obtain their qualification without sacrificing extended periods of work, while JAT fully absorbs the certification cost, removing financial barriers and enabling wider access to formal recognition.

Research conducted amongst NVQ qualified participants shows meaningful improvements in livelihoods, with 90 percent reporting increased personal confidence and 76 percent noting an improvement in their overall standard of living. This uplift demonstrates the long-term value of industry-aligned professional training.

A noteworthy moment at this year’s convocation was the recognition of four female painters who received their NVQ certifications. Their achievement marks an important step in broadening female participation in a field that has historically been male dominated, reinforcing JAT Holdings’ commitment to creating inclusive pathways for technical development and sustainable employment.

Speaking at the ceremony, Mr. Wasantha Gunaratne, Director Sales and Technical (South Asia) of JAT Holdings PLC, said:

“Pintharu Abhiman is fundamentally about development, giving painters the knowledge, structure and recognition they need to progress in their careers. By equipping over 800 painters with an internationally recognised NVQ qualification, we are not only strengthening the technical standards of the industry but also creating real pathways for entrepreneurship and financial independence. It is especially encouraging to see that one in five certified painters have already begun building their own businesses. These are the outcomes that matter because they show that when we invest in skills, we unlock opportunity. JAT remains committed to expanding these avenues so every painter has the chance to grow, lead and build a sustainable future.”

The 6th JAT Pintharu Abhiman Convocation underscores JAT’s continued dedication to uplifting the painter community, enhancing industry standards and supporting national skills development through accessible, professionally recognised qualifications.

Continue Reading

Business

Industry bodies flag gaps in Draft National Electricity Policy

Published

on

The Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Association Forum, National Chamber of Commerce of Sri Lanka and Sri Lanka Association for Software and Services Companies, has submitted joint observations on the Draft National Electricity Policy, highlighting that several key issues have not been adequately addressed.

Whilst recognizing the need for reform in the electricity sector, the submission flags several gaps in the draft policy that require closer attention. Key areas such as affordability, decarbonisation commitments, incentives for renewable energy, competition, and the long-term financial health of the sector are either missing or not addressed in sufficient depth.

The proposed tariff revisions outlined in the draft energy policy raise concerns, particularly regarding the removal of cross-subsidies and the proposal to restrict subsidies exclusively to households consuming less than 30 kWh per month. Without detailed analysis, these measures could weaken access to sustainable and affordable energy and potentially lead to fiscal risks.

The provisions allowing uncompensated curtailment, removing feed-in tariffs, and imposing mandatory time-of-use tariffs on rooftop solar users could make renewable energy projects un-bankable for international lenders, thereby increasing the cost of capital for Sri Lanka.

Calling for a more future-focused approach, the submission stresses the need for a policy that reflects modern electricity systems, including planning for the energy transition, energy storage, market competition, cross-border electricity trading, and emerging technologies.

The Chambers and Associations request a comprehensive revision of the Draft National Electricity Policy, alignment with the Electricity Act, and resubmission following substantive consultation, and reiterate support to engage constructively with policymakers to shape a policy that supports affordability, investment confidence, and Sri Lanka’s long-term energy security.

Continue Reading

Business

Bank of Ceylon partners with 36th APB Sri Lanka Convention

Published

on

Bank of Ceylon (BOC) partnered with the 36th Annual Convention of the Association of Professional Bankers (APB) Sri Lanka, reaffirming its commitment to promoting professional excellence and knowledge sharing within the banking sector. The partnership was officially handed over by Sameera D. Liyanage, Chief Marketing Officer of Bank of Ceylon and M. R. N. Rohana Kumara, Deputy General Manager Business Revival Unit of Bank of Ceylon, reflecting BOC’s focus on empowering banking professionals and supporting the sustainable growth of Sri Lanka’s financial services industry.

Continue Reading

Trending