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Hayleys Advantis’ partnership with India’s Cordelia Cruises to bring direct tourist income of US$ 18 million in 4 months

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Senior Officials of Hayleys Advantis, Hambantota International Port Group, Sri Lanka Ports Authority, Sri Lanka Tourism Authorities and cruise ship owner Jargen Bailom give a press briefing yesterday on board MS Empress at the Port of Hambantota.

By Sanath Nanayakkare

The MS Empress which made its maiden port of call at the Port of Hambantota with 1,600 passengers and crew onboard, is scheduled to make voyages Sri Lanka every week, and is estimated to contribute USD 18 million to the country’s economy in the next four months.

This was revealed by the owner of the cruise ship’s Jurgen Bailom who is an Austrian businessman.

The business plan for the time after the four months will be drawn depending on the upcoming monsoon season.

Jurgen who had been with Royal Caribbean Cruise Lines for 30-years and now operates his own luxury cruise liner said that he has immense confidence in the potential of Sri Lankan cruise tourism sector and the success of his operations especially because Hayleys Advantis is his face in Sri Lanka.

” I anticipate 80,000 tourist arrivals in the first 4 months alone our operation here in Sri Lanka is forging ahead with Hayleys Advantis appointed as General Sales Agent and Port Agent in Sri Lanka for Cordelia Cruises,” he said.

Leveraging the newly forged partnership with India’s top cruise line Cordelia Cruises, the Advantis team warmly welcomed 1,600 tourists from Chennai, as they made their inaugural stop at the Hambantota International Port.

A mesmerizing dance being perfomed by the cruise ship’s troupe at its state of
the art Marquee Theatre. Pic by Nishan S. Priyantha

Jurgen Bailom especially thanked the Sri Lankan Immigration officials for seamlessly facilitating the disembakation process to allow the visitors to take on their short excursions in and around Hambantota including Udawalawa.

Commenting on the partnership, Advantis Managing Director, Ruwan Waidyaratne said, “As an island nation, Sri Lanka has attracted maritime trade and travel for centuries. However, in the modern age, our nation is yet to leverage its natural advantages to the best of our ability. Through our alliance with Cordelia Cruises, we are able to facilitate the first-ever cruise sailing operation around the island, offering a remarkable opportunity for travellers to explore the rich heritage, breathtaking natural beauty, and vibrant cultural diversity of Sri Lanka. We look forward to working in close partnership with the Cordelia team to attract at least 80,000 visitors within the next four months alone.”



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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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