Business
Donation of a Buddha statue from Sri Lanka to Portugal, 500 years after the arrival of Portuguese to Ceylon
Portugal,In a historic and symbolic gesture, Rasika & Gayathrie Withanage, distinguished Sri Lankan residents living in Portugal, had requested a Buddha statue from the venerable Weduruwe Sri Upali Thero, Anunayake of the Asgiriya Temple attached to the Sri Dalada Maligawa. Ven. Upali Thero accepted the request and handed over the Buddha statue on 1st August 2023 in Sri Lanka. This statue, with deep historical significance, was donated last week to the Sumedharama Temple, a Theravada Thai Buddhist Monastery in Portugal, 500+ years after the arrival of the Portuguese in Sri Lanka.
The Asgiriya Temple, nestled in the cultural heart of Kandy, Sri Lanka, was renowned for its spiritual significance and historical connections to the Temple of the Tooth, where the sacred relic of Lord Buddha’s tooth is enshrined. Upali Thero, the esteemed deputy chief of Asgiriya Temple, had graciously endorsed the request made by Rasika and Gayathrie, recognizing the profound cultural and historical significance of this exchange.
This exceptional Buddha statue, chosen with care, had traveled from the sacred grounds of Sri Dalada Maligawa to find its new home in the Sumedharama Temple in Portugal. The donation ceremony, symbolized a bridge between two cultures, uniting historical narratives and spiritual traditions.
Rasika and Gayathrie expressed their deep gratitude to Upali Thero and the Asgiriya Temple for their support and cooperation in making this cultural exchange possible. In a joint statement, they shared, “This initiative was not only a tribute to the rich history and enduring spirituality of Sri Lanka but also a celebration of unity and understanding between our two nations. It was an honor to contribute to the cultural legacy of Portugal with this significant donation. In addition, we would like to express our special thanks to the members of the Bandaranayake, Dasanayake, Withanage, Dhammika families, and the members of the Sri Lankan organising Committee, residing in Portugal, who have supported in making this event a success.”
The Sumedharama Temple, a center of Theravada Thai Buddhist practice and community engagement in Portugal, eagerly anticipated the arrival of this special Buddha statue. The head priest of the Monastery Ve, Ajahn Vajiro, welcomed the Buddha statue as a symbol of harmony and cultural connection between Sri Lanka and Portugal. The event was a testament to the power of cultural exchange in fostering understanding and collaboration. It underlined the shared humanity that transcended geographical boundaries and historical differences.
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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