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Global companies making unprecedented investments in resilience strategies: report

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World Economic forum, Davos, January 2025

Unified leadership from chief executive officers, boards and policymakers is required to effectively address the complex macroeconomic issues, geopolitical dynamics and systemic challenges, according to a report published in collaboration with the World Economic Forum, in January 2025.

The following are some excerpts from the report.

As global volatility and compounding risks intensify, organizations must continuously adapt to complex macroeconomic and geopolitical dynamics. With the stakes higher than ever, companies are making unprecedented investments in resilience strategies, not only to withstand disruptions but also to capitalize on emerging opportunities.

To advance its resilience-building mission, the Resilience Consortium has published three comprehensive reports since its inception in 2022, progressing from identifying key themes essential for fostering resilience to showcasing, in its latest publication, remarkable examples of resilience, highlighting the pressing need for organizations to move from “talking the talk” to “walking the walk.”

This year, building on past work, the consortium set out to better understand where organizations stand in their journey to establish a resilience “pulse check.” This year’s report, Resilience pulse check: Harnessing collaboration to navigate a volatile world, explores how businesses, based on insights from a survey of more than 250 private sector leaders across industries and regions, are responding to today’s challenges.

By leveraging the already established private sector resilience framework, the report uncovers critical resilience gaps, with 84 percent of leaders feeling underprepared for future disruptions. Further analysis shows that while many focus on short-term fixes, long-term foundational capabilities like foresight and proactive risk management often fall short—leaving businesses vulnerable in an era of prolonged uncertainty.

The report’s findings show that resilience must become a core strategic priority rather than a reactive afterthought and that public–private collaboration is essential for addressing systemic challenges. The insights derived from the survey have enabled the identification of four key collaboration areas including access to capital, macroeconomic stability, sustainable investments, and workforce preparedness.

These action areas are intended to serve as guidance for senior leaders to work collectively to transform uncertainty into long-term value and sustainable growth. Effectively addressing these challenges requires unified leadership from chief executive officers, boards, and policymakers, the report states.

The 55th Annual Meeting of the World Economic Forum took place in Davos-Klosters, Switzerland from January 20–24, 2025. The meeting’s theme was “Collaboration for the Intelligent Age”

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HNB Finance bags 2 CMA Reporting Awards 2025

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Prof. Ho Yew Kee presents the award, while Rajeeva Bandaranaike hands over the certificate to the HNB Finance team. Featured (right to left): Thushara Jayasekara – Chief Manager / Head of Corporate Planning & Analytics; Randula Munindradasa – Assistant Manager Planning & Analytics; Sandakelum Jayathunga – Senior Manager – Financial Reporting; Maheshika Samarakoon – Manager – Strategy Implementation & Reporting

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.”

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ComBank joins ‘Liya Shakthi’ scheme to further empower women-led enterprises

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Mithila Shyamini, Assistant General Manager – Personal Banking at Commercial Bank and Jude Fernando, Chief Executive Officer of the National Credit Guarantee Institution exchange the agreement in the presence of representatives of the two organisations

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.

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Prima Group Sri Lanka supports national flood relief efforts with over Rs. 300 Mn in dry rations

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Defence Secretary Air Vice Marshal (Retd) Sampath Thuyacontha receiving the donation from Sajith Gunaratne - General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera - General Manager of Ceylon Grain Elevators PLC

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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