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ICC Sri Lanka celebrates the Most Admired Companies of 2022

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The highly anticipated annual event celebrating Sri Lanka’s Most Admired Companies (MAC Awards) for 2022 took place recently, captivating an audience of distinguished corporate leaders and esteemed diplomats. The award ceremony, organized by ICC Sri Lanka, AICPA & CIMA and DailyFT unveiled and recognized the exceptional accomplishments of these top-ranking companies in the country.

The companies awarded were recognized, for their exceptional performance, innovation, and overall impact on the economy. The main criteria they were judged for were their financial performance, ability to practice environmentally sustainable governance and ethical business practices for their employees, customers, investors and the community.

The Top Ten Companies of 2022:

Aitken Spence PLC

Bank of Ceylon

CBL Investments Ltd.

Ceylinco Insurance Ltd.

Commercial Bank of Ceylon PLC

Dilmah Ceylon Tea Company PLC

Hatton National Bank PLC

LOLC Holdings PLC

National Savings Bank PLC

Sri Lanka Telecom PLC

The event also paid tribute to five honourable mentions for their commendable contributions to the business landscape:

DFCC Bank PLC

Global Rubber Industries Ltd.

NDB Bank PLC

People’s Bank

Sampath Bank PLC

Shanil Fernando, Chairman of ICC Sri Lanka, said that “MAC awards were started by Dinesh Weerakkody the past ICC Chairman. ICC Sri Lanka, AICPA & CIMA and DailyFT are truly honoured to recognize and celebrate the remarkable achievements of ‘The Most Admired Companies in Sri Lanka’. These organizations have not only demonstrated exceptional business acumen but have also shown their commitment to innovation, sustainability, and societal impact. Their contributions play a pivotal role in driving the nation’s economic growth and shaping a brighter future for us all. The Most Admired Company Awards serve as a testament to their dedication and inspire others to strive for excellence.”

The event was graced by Chief Guest Secretary to the President, Saman Ekanayake, and the keynote speech was delivered by Katsuki Kotaro, Deputy Head of Mission for Japan in Sri Lanka.

The evaluation process was meticulous, involving a Financial Evaluation undertaken by a team of highly qualified CIMA members (CGMAs). Subsequently, the KPMG team ratified the scores and selected the Top 20 organizations for the next round of assessments. The second phase included compelling presentations by the shortlisted companies to the panel of judges. This dynamic element of the competition witnessed the top management of these companies actively engaging with the judges, showcasing their vision and strategies.

The organizing bodies, ICC Sri Lanka and AICPA & CIMA seized the occasion to present their budget proposals for the 2024 National Budget to Mr. Ekanayake, further emphasising the alignment of these institutions with the nation’s economic aspirations.

The MAC Awards is not just a celebration of business excellence but a testament to the innovation, dedication, and resilience that defines Sri Lanka’s corporate landscape. As the spotlight shines on these remarkable companies, it also illuminates the path for future endeavours, inspiring others to reach similar heights of distinction.



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Landslide early warnings issued to the Districts of Badulla, Kandy, Matale and Nuwara Eliya

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The Landslide Early Warning Center of the National Building Research Organisation [NBRO] has issued landslide early warnings to the districts of Badulla, Kandy, Matale and Nuwara Eliya for the next 24 hours commencing at 1200hrs today [08]

Accordingly
LEVEL II AMBER landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Ududumbara in the Kandy District, Wilgamuwa in the Matale District, and  Nildandahinna and Walapane in the Nuwara Eliya District.

LEVEL I YELLOW landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Meegahakiwula, Welimada,  Kandaketiya, Lunugala, Badulla, Passara,  Uva Paranagama and Hali_Ela in the Badulla District, Ambanganga Korale in the Matale District, and Mathurata and  Hanguranketha in the Nuwara Eliya District.

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Warning for deep depression over South-east Bay of Bengal Sea area

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Deep depression Track. [Source: RSMC]

Warning for deep depression over South-east Bay of Bengal Sea area.
Issued by the Natural Hazards Early Warning Centre, Department of Meteorology at 10.30 a.m. on 08 January 2026 for the period until 10.30 a.m. 09 January 2026

The depression in the Bay of Bengal to the southeast of Sri Lanka has intensified into a deep depression and is centered near latitude 5.4°N and longitude 85.3°E, about 420 km southeast of Pottuvil at 05.30 a.m. today (08th). The above system is currently (10:00 a.m.) located about 300 km southeast of Pottuvil.

It is very likely to move west-northwestwards across the southwest Bay of Bengal and cross the Sri Lanka coast between Hambantota and Kalmunai between 5.30 p.m. to 11.30 p.m. on Friday  [9th January 2026].

Hence, showery, and windy condition over the island, particularly in the Northern, NorthCentral, Eastern, Uva and Central provinces is expected to enhance from today (08th).

For the Land area:

DAMAGE EXPECTED:
• Damage to huts, temporary shelters and light structures
• Destroy the roof tops/ sheets etc.
• Damage to power and communication lines.
• Breaking of tree branches and uprooting of large avenue trees.
• Damage to paddy crops, banana, papaya trees and orchards.
• Damage to harbor yachts
• Flash flood
• Sea water inundation in low lying areas in the near coast.

Action suggested for the Land area:
• Coastal hutment dwellers are advised to move to safer places. Other people in the affected areas to remain indoors.
• People living in hilly areas (particularly landslide prone areas) and low lying areas in river basins are requested to be vigilant.
• Drivers and people using roads in the hilly areas are requested to be vigilant.
• Beware of fallen trees and power lines.
• Avoid using wired telephones and connected electric appliances during thunderstorms.
• General public is requested to be vigilant regarding impending extreme weather situation.
• For emergency assistance contact the local disaster management authorities.
• Requested to be attentive about future advisories issued by the Department of Meteorology in this regard.

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Showers above 100 mm are likely at some places in the Eastern and Uva provinces and showers about 50-75 mm in other areas

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WEATHER FORECAST FOR 08 JANUARY 2026
Issued at 05.30 a.m. on 08 January 2026 by the Department of Meteorology

The depression over the Bay of Bengal, located to the southeast of Sri Lanka, was centered near latitude 5.3°N and longitude 86.0°E, about 490 km southeast of Pottuvil, at 11:30 p.m. yesterday (07). It is expected to move west-northwestwards and towards the eastern coast of the island during next 24 hours. This system is likely to intensify further into a deep depression during the next 12 hours.

Cloudy skies can be expected over most parts of the island.
Showers or thundershowers will occur at times in the  Northern, North-central, Eastern, Uva, Central and Southern provinces. Showers or thundershowers may occur at several places elsewhere in the Island after 1.00 p.m. Heavy showers above 100 mm are likely at some places in the Eastern and Uva provinces. Fairly Heavy showers about (50 – 75) mm are likely at some places in the other areas of the island.

Strong winds about (50-60) kmph can be expected at times over the Eastern slopes of the central hills, the Northern, North-central, North-western and Eastern provinces and in Hambantota, Gampaha, Colombo and Monaragala districts.

The general public is kindly requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers.

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