Business
‘More than 500,000 jobs in local vehicle industry at stake’
By Hiran H.Senewiratne
The vehicle industry in Sri Lanka is now going through a major crisis due to import restrictions. As a result, more than 500,000 direct and indirect local jobs are at risk, Director, Sterling Automobiles Lanka Renuka Wijesiriwardane said.
“Our company’s main business being vehicle after sales services, all stakeholders have been noticed that our business has dropped by more than 50 percent up to now, Wijesiriwardane said at the recent launch of the SterlingCars.lk website by Sterling Automobiles Lanka Pvt Ltd – one of Sri Lanka’s prominent automobile service providers.
SterlingCars.lk is a web platform which aims to provide a marketplace for buying and selling automobiles. The website offers a comprehensive range of vehicles, covering numerous makes and models. The event was held at Taj Samudra Hotel.
Wijesiriwardene said that all vehicle importers must completely convince the decision makers of the country and avail of some relief because people in this sector cannot switch for any other job.
The design of SterlingCars.lk aims to provide a free of charge, simple, fast and reliable buying and selling experience to consumers. Through this website Sterling Automobiles aims to drive online sales for cars of all makes and models and hopes that it will be an ideal platform for potential vehicle buyers and sellers to get the right value for a product.
Moreover, vehicle sellers who opt to sell through SterlingCars.lk have the option of obtaining a Multipoint Inspection Certificate from the Sterling Aftercare Centre. The site will distinguish those vehicles that have received the Multipoint Inspection Certificate – meaning that the vehicle on sale has been inspected and its condition is certified by the expert technicians at Sterling Aftercare. Not only will this concept add value to the vehicles on sale, it will also provide an assurance to buyers about the quality of the vehicle. Furthermore, automobiles that are sold via the website will be entitled to a labour free full services from Sterling Aftercare Centre for one year from the date of sale.
In addition, upon receiving automobile services and repairs from Sterling Aftercare Centre, customers who have purchased their vehicles via SterlingCars.lk will also be entitled to join Sterling Aftercare Centre’s Sterling Steorra Loyalty Programme. The Steorra Loyalty programme will enable customers to opt for a Sterling-HNB co-branded Visa debit card and turn the loyalty points they earn into cash; and use it anywhere in the world.
The website allows users to seamlessly upload ads onto the site and have them displayed within 2-3 hours of posting. All ads will be subjected to a verification and approval process to ensure that they follow the site’s terms of use and the information published is correct and is as genuine as possible.
Sterling Automobiles is the sole authorized franchisee service provider for reconditioned Japanese and European vehicles that are exported to Sri Lanka by Sterling Japan under the Sterling Aftercare Guarantee. The company operates six state-of-the-art facilities known as Sterling Aftercare Centres to provide after sales services to vehicles with the Sterling Aftercare Guarantee. Located in Mahara, Udahamulla, Ratmalana, Dunagaha, Narahenpita and Galle, Sterling Aftercare Centres are fully fledged facilities that are geared to provide any automobile related service to discerning vehicle owners.
Business
ComBank hands over fully refurbished wards at De Soysa Hospital for Women
The Commercial Bank of Ceylon recently handed over Wards No. 03 and 04 of the De Soysa Hospital for Women, after the completion of a comprehensive renovation project launched in March this year to mark International Women’s Day.
Wards 03 and 04 handle a substantial share of the hospital’s patient load, and account for approximately 2,500 to 3,000 deliveries and 4,000 to 5,000 admissions annually. Their refurbishment was designed to significantly enhance patient care, safety and comfort, and directly benefit thousands of mothers and newborns.
Five Trustees of the Commercial Bank’s Corporate Social Responsibility Trust participated in the formal handing over of the refurbished wards to the hospital authorities. They were Sharhan Muhseen, the Bank’s Chairman, Raja Senanayake, Deputy Chairman, Sanath Manatunge, Managing Director/CEO, Hasrath Munasinghe, Chief Operating Officer, and Prasanna Indrajith, Chief Financial Officer.
Established in 1879, the De Soysa Hospital for Women is the first maternity hospital in Sri Lanka and the second oldest in Asia and is credited with, among others, performing the country’s first caesarean section in 1905 and establishing one of its earliest organised operating theatres in 1907.
The Commercial Bank’s Corporate Social Responsibility Trust, through which this project was implemented, has via its healthcare-related interventions supported more than 100 government hospitals with essential equipment and infrastructure, contributed to emergency medical services through the ‘Adopt an Ambulance’ initiative, and implemented targeted community health interventions such as water storage solutions for families affected by kidney disease.
Business
IIHS expands global nursing pathways
The International Institute of Health Sciences (IIHS) Multiversity is expanding its international education programmes with the aim of creating overseas employment opportunities for Sri Lankan nurses and allied health professionals while contributing to foreign exchange earnings.
Speaking to the media during a conference at IIHS Multiversity in Kerawalapitiya, Dr. Kithsiri Edirisinghe, CEO, Co-Founder and Dean of IIHS aid that the institute has established academic partnerships with overseas universities and higher education institutions, including the University of Surrey in the UK, Deakin University in Australia, Metropolia University of Applied Sciences in Finland, Asia e University in Malaysia and SUNY Canton in the United States.
Under its ‘Study in Sri Lanka, Graduate to the World’ model, students can complete foundational and diploma-level qualifications locally before progressing to international top-up degrees or overseas employment.
Dr Edirisinghe said the model could substantially reduce the cost of obtaining internationally recognised qualifications. It estimates that completing a four-year bachelor’s degree at the University of Surrey in the UK would cost about USD 145,700, including tuition and living expenses, compared with about USD 27,750 through the IIHS pathway in Sri Lanka.
Dr Edirisinghe said the institute’s focus on overseas deployment addressed both Sri Lanka’s economic needs and the growing global demand for healthcare workers.
“Our winning model is producing job-ready, registration-ready healthcare professionals who can seamlessly enter foreign healthcare systems,” he said.
IIHS, which began operations in 2002 as the American College of Health Sciences, established its institutional base in Welisara in 2008 and launched its purpose-built greenfield multiversity campus in 2023.
The institute said it has upgraded the qualifications of more than 5,000 government nurses, supported over 2,500 youth on international employment pathways and trained more than 1,000 allied health professionals. It has also carried out over 250 community health projects.
The institute has identified Germany and Japan among its target markets, with pathways planned for 2,000 nurses for Germany and a one-year preparation programme linked to around 4,000 healthcare positions in Japan.
Dr. Renuka Jayatissa, Vice-Chancellor and a specialist medical doctor, said demographic changes and the growing burden of non-communicable diseases were changing healthcare requirements in Sri Lanka.
Business
Sampath Bank launches Sri Lanka’s first community-powered book discovery platform at Colombo International Book Fair
Sampath GPay customers can enjoy 25% cash back on Book Fair purchases
Sampath Bank PLC has launched Sampath Book Finder, Sri Lanka’s first community-powered book discovery platform, giving visitors to the Colombo International Book Fair a faster and more seamless way to find the books they are looking for across the fair’s 150+ stalls, while also opening up new opportunities to discover titles recommended by fellow readers.
Introduced on the opening day of the Colombo International Book Fair on 25 September, Sampath Book Finder brings together digital innovation and the collective knowledge of readers to address a familiar challenge at one of Sri Lanka’s largest literary gatherings, where the scale of the fair can make locating a particular title a time-consuming exercise. When a book proves difficult to locate, visitors can access bookfairtracker.com or scan the designated QR code and submit a request to the community, allowing readers who have already spotted the title to share its location and help others find it without having to search stall after stall.
Commenting on the initiative, Milinda Weerasinghe, Chief Marketing Officer, Sampath Bank PLC, said, “At Sampath Bank, we believe meaningful innovation begins by identifying everyday challenges and creating solutions that make a real difference. Sampath Book Finder brings this thinking to the Colombo International Book Fair by turning the collective knowledge of readers into a real-time digital solution, empowering them to find what they are looking for, discover something new and help others do the same, while making the overall experience more convenient and connected.”
The platform also turns book discovery into a shared experience, allowing visitors to recommend books they encounter by sharing the title, publisher, hall and stall number, which enables fellow readers to discover sought-after titles and recommendations while making it easier to locate them within the fair.
Sampath Bank’s longstanding association with the Colombo International Book Fair also continues in 2026, marking more than 20 years of partnership, with the Bank serving as the Official Banking Partner for this year’s fair. As part of its presence at the event, SampathCards offer 25% cashback for Sampath GPay customers on their purchases and 3 months 0% instalment plans for book purchases via Sampath credit cards, while visitors can also access banking services through the Bank’s physical presence at the fair. Customers registering to open selected Fixed Deposits at the premises will receive an additional 0.25%, adding further value and convenience for visitors.
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