Business
Ceylinco Life draws 1st batch of ‘Family Savari 14’ winners for Rs 5 mn. in gold
A click of a mouse, the whir of a hard disk and a fortune in gold was gifted to a group of lucky policyholders of Ceylinco Life as the life insurance leader’s ‘new normal’ Family Savari promotion conducted its first draw.
The first batch of winners comprising 103 policyholders won Rs 5 million in gold, with one of them receiving the equivalent of Rs 1 million, two winning Rs 250,000 each, five receiving Rs 100,000 each, 25 getting Rs 50,000 each and another 70 receiving Rs 25,000 each.
Five more draws are to be conducted in 2021, culminating in more than 600 Ceylinco Life policyholders winning Rs 30 million in gold via the 14th edition of the Family Savari mega promotion. The decision to present policyholders with gold instead of the customary overseas holidays and local excursions was on account of the travel restrictions and safety precautions necessitated by the COVID-19 pandemic.
Winners chosen at the first draw came from areas as diverse as Trincomalee, Wennappuwa, Nelliaddy, Matara and Nochchiyagama.
To be eligible to participate in the six bi-monthly Family Savari draws, Ceylinco Life customers are required to keep their life insurance or retirement plans active between September 2020 and August 2021.
Business
Moose Clothing Company earns Superbrand 2026 recognition
Moose Clothing Company has been recognised as a Superbrand for 2026, a proud milestone for a young Sri Lankan brand that has grown steadily through trust, consistency, and a strong connection with its customers. The award ceremony was held on 12 January 2026 at the Hilton, celebrating brands that have earned lasting respect and loyalty.
Superbrand status is not awarded lightly. It is reserved for brands that demonstrate excellence beyond numbers, brands known for quality, reliability, emotional connection, and long-term relevance. Selection is based on independent research, expert evaluation, and consumer perception, making it one of the most respected recognitions a brand can receive.
For Moose Clothing Company, this honour is especially meaningful. Founded with a simple belief that Sri Lankans deserve well-made, thoughtfully designed clothing at honest prices the brand has grown by listening closely to its customers and improving with every season. From everyday essentials to performance wear, Moose has focused on getting the fundamentals right: fit, comfort, durability, and value for money.
Commenting on the achievement, Hasib Omar, CEO of Moose Clothing Company, said:
“Being named a Superbrand is deeply meaningful for us because it comes from trust. Moose is still a young brand, and this recognition belongs to our customers who believed in us from the beginning, our teams who work with care and purpose, and everyone who chose Moose Clothing Company as part of their everyday life. It reminds us why we started and encourages us to keep building with integrity.”
Business
A milestone in maternity care: Joseph Fraser Hospital’s medically supported water birth
Joseph Fraser Hospital recently marked an important milestone in its maternity services with the successful delivery of a baby through a medically supported water birth, reaffirming its commitment to personalised care, informed maternal choice, and the highest standards of clinical safety.
Water births at Joseph Fraser Hospital are offered within a closely monitored clinical environment and conducted in strict accordance with medical protocols. Each delivery is fully supported by the hospital’s upgraded Neonatal Intensive Care Unit (NICU), Blood Bank, and High Dependency Unit (HDU), ensuring immediate specialist care for both mother and newborn when required.
This delivery was overseen by Professor Hemantha Senanayake, Emeritus Professor of University of Colombo who incorporated additional safety measures, including enhanced perineal support, contributing to improved clinical outcomes while preserving a calm and empowering birthing experience for the mother.
Commenting on the achievement, Professor Hemantha Senanayake said that water birth offers women an empowering and deeply personal experience when supported by appropriate clinical governance. Dr. Dilrukshi Sayyakra, Head of Medical Services, added that the hospital’s approach focuses on providing informed, flexible birthing options without compromising maternal or neonatal safety.
Business
Magistrate’s court discharges case filed against Asia Capital on jurisdictional grounds for the second time
The Magistrate’s Court of Fort has discharged a criminal complaint filed by C C Trust (Pte) Ltd against Asia Capital PLC, ruling that the court lacked jurisdiction to proceed with the matter.
The case, bearing number MC Fort 36569/24, was instituted by C C Trust alleging Criminal Breach of Trust in relation to a sum of USD 5,999,965, with an alternative charge of dishonest misappropriation under Section 389 of the Penal Code. The proceedings were initiated under Section 139 (1) of the Criminal Procedure Code, alongside a request to frame charges under Section 182.
According to the complaint, the dispute arose from an alleged breach of a Shareholders’ Agreement dated 1 September 2017. C C Trust claimed that the funds had been entrusted to Asia Capital PLC as a non-interest-bearing deposit and contended that the company acted contrary to the agreed terms by converting the funds from United States Dollars into Sri Lankan Rupees. The complainant argued that such action amounted to Criminal Breach of Trust or, in the alternative, dishonest misappropriation.
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