Business
Anti-COVID ‘Stay Strong’ campaign
Under the “Stay Strong” campaign, Korea and Sri Lanka have been strengthening Anti-COIVD collaboration with each other. The Korean embassy in Sri Lanka has shown its thankfulness to the Sri Lanka Army and Police who have dedicated themselves to protect people in Sri Lanka including the Korean residents amid Covid-19, by donating re-usable fabric masks. The embassy provided masks to migrant workers who left for Korea as well. These re-usable masks were manufactured by a Sri Lankan social enterprise which empowers Sri Lankan women. Together with it, KOICA distributed these re-usable masks among rural communities in Sri Lanka to uplift the public health among communities.
It is noteworthy to observe the effective measures implemented by the government of Sri Lanka to cope with COVID-19. Sri Lanka was the first South Asian country which held a nationwide general election safely last August since the COVID-19 outbreak. With the proactive mechanism adopted by the authorities and also the support of the citizens, it is certain that the number of infection cases in Sri Lanka will decline and the situation will be stabilised in the near future. The people of Sri Lanka have played a significant role in controlling the pandemic by keeping social distancing and following health guidelines diligently.
Korea is struggling to deter the spread of COVID-19 too. Korea has overcome the critical stage of the spread of the virus by strengthening its infectious disease surveillance and response capacity. The principles of openness and transparency were applied when enforcing counter measures to prevent the spread of COVID-19. The response of the government of Korea was four-pronged: testing, tracing, treating and building civic awareness. Like Sri Lanka, Korea was the first country in the world that held a nationwide general election safely last April since the outbreak of the virus. It is remarkable that there was no single COVID-19 case from more than 1200 Sri Lankan workers repatriated from Korea until now. At this point of time, 23,000 Sri Lankan workers live in Korea very safely.
Korea and Sri Lanka are true friends to each other. Korea will stand in solidarity with Sri Lanka in this hour of need to provide public health support this year to successfully combat the battle against COVID-19.
Let’s Stay Strong Together!
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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