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Nawaloka Hospitals triumphs at CMA Excellence in Integrated Reporting Awards 2021

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Kicking off 2022 on a victorious note, pioneering healthcare provider Nawaloka Hospitals, garnered the highly coveted award for the Best Integrated Report within the healthcare sector, at the CMA Excellence in Integrated Reporting Awards 2021. Nawaloka Hospitals also went on to receive a Merit Award for Overall Integrated Reporting Practices.

Organised by the Institute of Certified Management Accountants of Sri Lanka (CMA), the awards ceremony, held for the eighth successive year, was introduced to promote both listed and unlisted Sri Lankan companies as well as state-owned enterprises and small and medium enterprises to undertake integrated reporting, for the benefit of both investors and stakeholders.

“Nawaloka Hospital’s outstanding win at the revered CMA Excellence in Integrated Reporting Awards stands testament to the firm commitment that we have made to adhere to the highest standards of integrated financial reporting for many years now. Integrated reporting is particularly important to healthcare companies as we deal in transparency, trust and social responsibility of the highest levels with all our stakeholders. The COVID-19 pandemic only amplified this need for the disclosure of healthcare operations in both financial and non-financial terms. I would like to congratulate and thank our deeply dedicated team for their proactive drive to produce such an exceptional Annual Report utilizing impactful, best-in-class financial reporting practices of international standards,” Nawaloka Hospitals Chairman Dr. Jayantha Dharmadasa said of the victory.

The integrated reports are evaluated using guidelines applicable in the International <IR> Framework issued in December 2013. The evaluation considers not only the accounting and financial information but also the non-financial information provided in <IR>. Forty One companies had submitted applications and were reviewed by a competent evaluation panel and an eminent panel of international and local judges.

Nawaloka Hospital’s Integrated Annual Report voluntarily embraces global benchmarks such as the ‘International <IIRC> Framework’ and the Global Reporting Initiative (GRI) Standard ‘Core’ options. This is part of the company’s vision to share its journey of value creation with all its stakeholders by adopting the Six Capital Reporting Framework, under the Integrated Reporting Framework. This past year also saw the Hospital Chain bag the highly coveted gold award for exceptional integrated financial reporting practices within the healthcare sector, at the CA Sri Lanka’s 56th Annual Report Awards.



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Pasans Rent a Car honoured at Iconic Awards 2025 in Thailand

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Managing Director Dr. Pasan Nalinda Hiripitiyage receiving the award

Pasans Rent a Car (Pvt) Ltd was recently honoured as The Excellent Car Rentals and Tour Service Provider of the Year at the Iconic Awards 2025 held in Bangkok, Thailand. Managing Director, Dr. Pasan Nalinda Hiripitiyage received the award. Established in 2002 as a modest vehicle rental service, Pasans Rent a Car has today grown into a national name in travel and transport. Headquartered in Malabe, they cater to a wide range of clients such as private customers, tourists, and private and Government institutions including Ministries.

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Medihelp Hospitals and Apollo Hospitals Group-India announce strategic clinical collaboration

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Exchanging of the MOU by Jithu Jose (Vice President - International Division of Apollo Hospitals) (Second from Right) and Nishantha Jayamanne (Chief Operating Officer - Medihelp Hospitals Group) (Extreme Right), Dr. Elankumaran K. (Head of the Liver Transplant Program - Apollo Hospitals - Chennai) (Extreme Left), Dr. Appaji Krishan (Senior Consultant Spine Surgeon - Apollo Hospitals - Chennai) (Second From Left)

Medihelp Hospitals and Apollo Hospitals Group-India have announced a strategic clinical collaboration during a grand ceremony at the Kingsbury Hotel in Colombo. The MOU outlines a framework for clinical collaboration, focusing on knowledge sharing, advanced specialty care, preventive health initiatives, and continuous professional development. This partnership aims to elevate clinical standards in Sri Lanka by introducing global best practices through joint programs, telemedicine, second-opinion services, and medical education.

The agreement was signed and exchanged by Nishantha Jayamanne, Chief Operating Officer of Medihelp Hospitals, and Jithu Jose, Vice President – International Division of Apollo Hospitals. Nishantha welcomed the dignitaries and emphasized the importance of such collaborations in light of the escalating disease burden and changing disease patterns. Jithu Jose remarked, “At Apollo Hospitals, we are committed to the principle that access to high-quality healthcare should transcend geographical boundaries. We are proud to be part of this collaborative initiative to strengthen the ties between the medical communities of India and Sri Lanka.”

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Union Assurance leads fight against diabetes with nationwide ‘Suwamaga’ initiative

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Union Assurance, a pioneering force in Sri Lanka’s private life insurance sector, is playing an increasingly proactive role in addressing the country’s rising diabetes crisis. As part of its commitment to corporate citizenship, the company has launched Suwamaga, an impactful CSR programme aimed at combating the growing threat of non-communicable diseases (NCDs), with a particular focus on diabetes.

Senath Jayatilake, Chief Executive Officer at Union Assurance, explained that the company’s corporate responsibility approach stems from its new brand vision, which is centered around empowering human progress by protecting what matters most. He emphasized that this vision is aligned with the company’s dedication to strengthening not only financial stability but also the emotional, physical, and community well-being of Sri Lankans. “As part of our strategic direction, we recognized the severe impact of NCDs, particularly diabetes, on the nation’s social and economic progress,” Jayatilake noted.

The Suwamaga programme launched in 2024, under the Ministry of Health’s collaboration, includes a Mobile Screening Unit, which has already screened over 26,000 individuals across Sri Lanka, from urban centers to rural communities. The mobile unit offers free diabetes screenings, followed by personalized medical advice, empowering the public to take charge of their health. Mahen Gunarathna, Chief Marketing Officer at Union Assurance, shared, “The screenings have revealed alarming results. Approximately 15% of participants were recommended for further testing, with 12% diagnosed with diabetes for the first time. These screenings have proven essential for early intervention.”

The gravity of the diabetes crisis in Sri Lanka was further highlighted by Dhanya Wijesuriya, Vice President of the Sri Lanka Diabetes Association. “Diabetes is a silent killer in Sri Lanka, affecting an alarming portion of the population,” she said, stressing that early detection is key to preventing the disease from progressing. “Pre-diabetes is reversible, but once diabetes is diagnosed, it’s a lifelong condition. Tragically, half of those affected remain unaware until complications arise.”

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