Business
Hemas Consumer Brands remains committed to helping those in need due to COVID-19 and other emergencies
Strengthens Tissamaharama, Sooriyawewa, Rambukkana, Welikanda, Aralaganwila, Kandakadu and Kalutara regional requirements facilitating over 1,200 individuals
As 2020 dawned, COVID-19 began to batter the Sri Lankan community with grim consequences. It was evident that the country’s communities and official systems alone could not face the onslaught of the pandemic and needed backing of capable supporters to overcome the challenge. With this realization, Hemas Consumer Brands, a leader in Sri Lanka’s FMCG sector, was a first responder to assist COVID-19 affected communities via multiple support interventions.
The assistance provided by the company to COVID affected communities and the country’s health care infrastructure has been immediate and consistent. These included donations of essential items, personal care products and much needed crucial medical equipment at healthcare institutions. The company has continued community support to families facing social- economic challenges throughout the pandemic and in the recent past focused its community efforts in Tissamaharama and Sooriyawewa areas by providing food and essential items to over 200 households that were affected.
Apart from COVID, parts of the Sri Lankan community were also hit by catastrophic natural disasters. Hemas rising to the need of the hour assisted 240 landslide hit households in Rambukkana, along with a donation drive of dry rations and other essentials to affected individuals in Rambukkana alleviating their pressing needs.
Sabrina Esufally, Director of Business Development and Innovation, Hemas Consumer Brands commented: “Now more than ever before, Sri Lankans need to support each other to navigate the economic and social challenges brought about by the current context. These challenges have placed considerable strain on family well-being. At Hemas, the wellbeing of our communities is of paramount importance to us, and we place a lot of importance in responding to the needs of vulnerable families. Since the beginning of the pandemic, the entire Hemas Consumer Brands team, has used its platforms to assist those in need, and we will continue to do this in the coming months.”
Hemas Consumer Brands also supported donation drives of likeminded voluntary organizations upon request, handing over essential items, food rations to families and households affected by the COVID-19 pandemic in Arapalakanda, Kalutara while also extending assistance by donating their own personal care, baby care and dry ration products to expectant mothers in the Welikanda, Aralaganwila and Kandakadu areas. Continuing the philanthropic effort, the Company also facilitated another donation drive to the Government Midwifery Service Association in Kandy which coincided with two blood donation drives.
During these difficult times, Hemas Consumer Brands stands firmly committed to extend its helping hand to the Sri Lankan community.
The total outstanding market liquidity surplus or excess funds available in Sri Lanka’s banking system for lending and transactions declined by Rs. 36.65 billion in a week, according to the Central Bank’s latest economic indicators report.
An economic researcher analysing the data noted: “Treasury bill and bond auctions likely drained liquidity. If this tightening persists, short-term interest rates could rise, raising borrowing costs and potentially slowing economic growth. The situation warrants close monitoring, especially as the manufacturing sector is already facing a slowdown whether due to seasonal or structural factors.”
The report also highlighted the following developments in Sri Lanka’s economy:
Fiscal improvements: The deficit has narrowed but remains elevated.
Sectoral trends: The stock market rallied, and the services sector showed slower expansion (tourism, retail and IT driving resilience).
Total expenditure and net lending increased to Rs. 1,301.9 bn during the three months ending March 2025 compared to Rs. 1,197.5 bn in the corresponding period of 2024.
During the three months ending March 2025, the overall budget deficit decreased to Rs. 234.5 bn compared to Rs. 281.3 bn recorded in the corresponding period of 2024
The rupee value of T-Bills and T-Bonds held by foreign investors decreased by 2 per cent in comparison to the previous week.
“The April 2025 industrial slowdown points to weaker output, likely due to seasonal factors such as holidays or subdued demand. However, this was partially offset by an expansion in the Services PMI, offering some relief. The broader economic outlook for Sri Lanka remains uncertain, as these mixed signals unfold as Sri Lanka would receive a tariff letter from the US in the coming weeks. With market liquidity already tightening due to government borrowings from the banking system, policymakers face mounting challenges in balancing growth and stability,” the economic researcher noted.
By Sanath Nanayakkare
AIA Sri Lanka’s ‘Pawfect Match’ campaign, in partnership with animal welfare groups, inspired 500+ adoptions of stray pets. The initiative highlighted adoption, responsible ownership, and compassion, tackling Sri Lanka’s stray animal crisis. AIA thanks all supporters for their life-changing impact.
The campaign served as a reminder that even small acts of kindness like adopting a stray can make a big impact. It also provided an opportunity for the public to learn more about responsible pet ownership, animal rights, and the importance of compassion toward all creatures.
Calton Sweet House Pvt. Ltd., a key part of Calton Group, was honored as the Best National Industry Brand in the Medium-Scale Food and Beverage Sector at the National Industry Brand Excellence Awards 2024, organized by the Industrial Development Board. Deshamanya Mahesh De Silva, Director of Finance and IT at Calton Group, accepted the award.
Established in 1991, Calton Sweet House has over 30 years of excellence, specializing in cakes, snacks, and frozen bakery items, with 20+ outlets across Negombo, Katunayake, and Colombo, including at Bandaranaike International Airport. The company holds ISO, HACCP, and GMP certifications, ensuring top-quality standards.
Starting as a small store in 1983, Calton Group now employs 300+ staff and operates multiple businesses, including Calton Hyper Market and Calton Catering, while partnering with global brands like Unilever and Upfield. The group remains committed to serving customers with high-quality, safely packaged food products.
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