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HNB Assurance announces raffle draw for its policyholders

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HNB Assurance PLC (HNBA) announced the launch of a grand raffle draw for its existing as well as new policyholders to mark its 20th anniversary.

The draw would raffle out valuable gifts worth Rs. 5 million, including 20 gold coins as grand prizes.

Chief Executive Officer of HNBA and its fully-owned subsidiary, HNB General Insurance Limited (HNBGI), Prasantha Fernando said: “As HNB Assurance PLC prepares to celebrate its 20th anniversary this month, I thought it fit to give something extra by way of a raffle draw to our existing and new customers in appreciation of their patronage. Our 20-year journey of taking care of our policyholders, their loved ones and the community has been a memorable and a rewarding one, and every stakeholder has been an important part in our 20-year journey.

“As we prepare to celebrate this significant milestone, on behalf of the Management of HNBA and HNBGI, I extend our sincere gratitude to all our policyholders for believing and trusting in us and for journeying with us for the past 20 years. Both HNBA and HNBGI are built on strong fundamentals, focusing on consolidated growth; this fact has been reaffirmed by Fitch as well in them upgrading the ‘National Insurer Financial Strength Rating’ of both companies to A+ recently. Therefore, I invite everyone to join us as we grow from strength to strength and allow us to secure your future for you”.

Chief Operating Officer of HNBA, Lasitha Wimalaratne said: “We are delighted to announce the launch of a grand raffle draw in celebration of our 20th anniversary. As this celebration marks two decades of assured protection and cherished relationships, we have decided to give away fabulous prizes to our existing and new policyholders. As such, every policy obtained between August 1 to December 31, 2021 (except single premium policies) with a monthly premium of Rs. 5,000/- or more or an annual premium of Rs. 60,000/- or more and active as at December 31, 2021 will be eligible for this grand raffle draw.

“Policies obtained prior to August 1, 2021 and active as at December 31, 2021, irrespective of the premium value, will qualify for the draw. The draw will raffle out a total of 120 gifts including 20 gold coins, each worth of Rs. 100,000/-. In addition, policyholders could be eligible to win 100 gift vouchers for home appliances worth Rs. 50,000/-, Rs. 35,000/-, Rs. 25,000/, Rs. 20,000/- and Rs. 15,000/-“.



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JAT Holdings celebrates the 6th Pintharu Abhiman Convocation, uplifting over 800 painters through NVQ certification

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JAT Holdings PLC marked a significant milestone with the successful conclusion of the 6th JAT Pintharu Abhiman Convocation, recognising more than 800 painters who have earned their NVQ Level 3 qualification, an internationally recognised professional certification delivered in partnership with the National Apprentice and Industrial Training Authority (NAITA).

JAT Pintharu Abhiman was established to uplift Sri Lanka’s painter community through structured skills development, professional recognition and stronger earning potential. This year’s graduating cohort reflects the programme’s expanding reach and the tangible changes it continues to deliver for individuals, families and communities.JAT in collaboration with NAITA has streamlined the certification process such that what would traditionally take up to six months has been refined into an efficient and high-impact three-day assessment model. This approach ensures painters can obtain their qualification without sacrificing extended periods of work, while JAT fully absorbs the certification cost, removing financial barriers and enabling wider access to formal recognition.

Research conducted amongst NVQ qualified participants shows meaningful improvements in livelihoods, with 90 percent reporting increased personal confidence and 76 percent noting an improvement in their overall standard of living. This uplift demonstrates the long-term value of industry-aligned professional training.

A noteworthy moment at this year’s convocation was the recognition of four female painters who received their NVQ certifications. Their achievement marks an important step in broadening female participation in a field that has historically been male dominated, reinforcing JAT Holdings’ commitment to creating inclusive pathways for technical development and sustainable employment.

Speaking at the ceremony, Mr. Wasantha Gunaratne, Director Sales and Technical (South Asia) of JAT Holdings PLC, said:

“Pintharu Abhiman is fundamentally about development, giving painters the knowledge, structure and recognition they need to progress in their careers. By equipping over 800 painters with an internationally recognised NVQ qualification, we are not only strengthening the technical standards of the industry but also creating real pathways for entrepreneurship and financial independence. It is especially encouraging to see that one in five certified painters have already begun building their own businesses. These are the outcomes that matter because they show that when we invest in skills, we unlock opportunity. JAT remains committed to expanding these avenues so every painter has the chance to grow, lead and build a sustainable future.”

The 6th JAT Pintharu Abhiman Convocation underscores JAT’s continued dedication to uplifting the painter community, enhancing industry standards and supporting national skills development through accessible, professionally recognised qualifications.

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Industry bodies flag gaps in Draft National Electricity Policy

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The Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Association Forum, National Chamber of Commerce of Sri Lanka and Sri Lanka Association for Software and Services Companies, has submitted joint observations on the Draft National Electricity Policy, highlighting that several key issues have not been adequately addressed.

Whilst recognizing the need for reform in the electricity sector, the submission flags several gaps in the draft policy that require closer attention. Key areas such as affordability, decarbonisation commitments, incentives for renewable energy, competition, and the long-term financial health of the sector are either missing or not addressed in sufficient depth.

The proposed tariff revisions outlined in the draft energy policy raise concerns, particularly regarding the removal of cross-subsidies and the proposal to restrict subsidies exclusively to households consuming less than 30 kWh per month. Without detailed analysis, these measures could weaken access to sustainable and affordable energy and potentially lead to fiscal risks.

The provisions allowing uncompensated curtailment, removing feed-in tariffs, and imposing mandatory time-of-use tariffs on rooftop solar users could make renewable energy projects un-bankable for international lenders, thereby increasing the cost of capital for Sri Lanka.

Calling for a more future-focused approach, the submission stresses the need for a policy that reflects modern electricity systems, including planning for the energy transition, energy storage, market competition, cross-border electricity trading, and emerging technologies.

The Chambers and Associations request a comprehensive revision of the Draft National Electricity Policy, alignment with the Electricity Act, and resubmission following substantive consultation, and reiterate support to engage constructively with policymakers to shape a policy that supports affordability, investment confidence, and Sri Lanka’s long-term energy security.

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Bank of Ceylon partners with 36th APB Sri Lanka Convention

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Bank of Ceylon (BOC) partnered with the 36th Annual Convention of the Association of Professional Bankers (APB) Sri Lanka, reaffirming its commitment to promoting professional excellence and knowledge sharing within the banking sector. The partnership was officially handed over by Sameera D. Liyanage, Chief Marketing Officer of Bank of Ceylon and M. R. N. Rohana Kumara, Deputy General Manager Business Revival Unit of Bank of Ceylon, reflecting BOC’s focus on empowering banking professionals and supporting the sustainable growth of Sri Lanka’s financial services industry.

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