Business
Nissan launches Nissan Magnite in Sri Lanka priced at LKR. 7.8 million onwards
Associated Motorways (Pvt) Ltd. (AMW), the authorized distributor of Nissan vehicles for Sri Lanka is excited to announce the launch of the New Nissan Magnite in Sri Lanka with bold aesthetics, enhanced safety, and advanced tech. The Nissan Magnite’s bold presence is accentuated by a tougher, more robust exterior that exudes confidence and enhances its already impressive road presence. The vehicle is available in 18 variants with 4 powertrain options, 1.0L Petrol MT & EZ-Shift and 1.0L Turbo Petrol MT & CVT.
The New Nissan Magnite continues its commitment to innovation and customer-centric design. Launched first globally in December 2020, the Nissan Magnite has surpassed a cumulative global sales figure of 190,000+ units till date. The Nissan Magnite’s success in the international markets embodies Nissan’s ‘One Car, One World’ strategy, that delivers superior quality, reliability and Japanese DNA in all variants and powertrains across RHD and LHD models across global markets.
Andre Bonthuys, Group Managing Director, Associated Motorways (Private) Ltd, said, “The launch of all New Nissan Magnite, after 5 years of import ban, is going to create a new era for Nissan in Sri Lanka which has set new benchmarks in other international market, earning strong customer loyalty and redefining expectations in its segment. The launch of the new Nissan Magnite reflects our deep commitment to excellence and reinforces our dedication to providing the best for our customers in Sri Lanka. We are confident that the new Nissan Magnite will continue to resonate with customers in Sri Lanka and beyond, just as it has in other markets.”
“The Magnite has redefined market expectations across 65+ international markets globally, earning unwavering customer loyalty and setting new standards in the segment. The new Magnite delivers value on all fronts – safety and premium features. We are grateful for the love and trust shown by customers globally and making the Magnite a resounding success in each of the 65+ countries. We are confident that the New Nissan Magnite will also resonate our valued customers in Sri Lanka the same way.” said, Raghunath Nair, Head-South Asia Business Unit, Nissan Motor Corporation.
Business
HNB Finance bags 2 CMA Reporting Awards 2025
HNB Finance PLC has been honoured with two prestigious accolades at the CMA Excellence in Integrated Reporting Awards 2025, reaffirming the company’s commitment to transparency, good governance, and integrated business performance.
At this year’s ceremony, HNB Finance PLC was awarded Second Runner Up – joint in the category of “Best Integrated Report , Finance and Leasing Sector”, and also received a Merit Award in recognition of its continued efforts to enhance reporting quality and strengthen stakeholder communication.
The CMA Excellence in Integrated Reporting Awards, organised annually by the Institute of Certified Management Accountants (CMA) of Sri Lanka, acknowledge organisations that demonstrate superior financial reporting standards aligned with global best practices. Winners are assessed on key criteria such as financial performance and strategic management, corporate governance and compliance, innovation and digital transformation, sustainability practices, and professional excellence.
Chaminda Prabhath, Managing Director/CEO of HNB Finance PLC, commented on the recognition, “These awards reaffirm our commitment to upholding the highest standards of integrated reporting and transparent financial disclosure. At HNB Finance, we remain focused on delivering sustainable long-term value through robust governance frameworks, prudent financial management, and continuous innovation. The acknowledgement by CMA Sri Lanka reflects the disciplined efforts of our teams across the organization and motivates us to further enhance our reporting quality, strengthen ESG integration, and reinforce our stakeholder centric approach.”
Business
ComBank joins ‘Liya Shakthi’ scheme to further empower women-led enterprises
The Commercial Bank of Ceylon has reaffirmed its long-standing commitment to advancing women’s empowerment and financial inclusion, by partnering with the National Credit Guarantee Institution Limited (NCGIL) as a Participating Shareholder Institution (PSI) in the newly introduced ‘Liya Shakthi’ credit guarantee scheme, designed to support women-led enterprises across Sri Lanka.
The operational launch of the scheme was marked by the handover of the first loan registration at Commercial Bank’s Head Office recently, symbolising a key step in broadening access to finance for women entrepreneurs.
Representing Commercial Bank at the event were Mithila Shyamini, Assistant General Manager – Personal Banking, Malika De Silva, Senior Manager – Development Credit Department, and Chathura Dilshan, Executive Officer of the Department. The National Credit Guarantee Institution was represented by Jude Fernando, Chief Executive Officer, and Eranjana Chandradasa, Manager-Guarantee Administration.
‘Liya Shakthi’ is a credit guarantee product introduced by the NCGIL to facilitate greater access to financing for women-led Micro, Small, and Medium Enterprises (MSMEs) that possess viable business models and sound repayment capacity but lack adequate collateral to secure traditional bank loans. Through NCGIL’s credit guarantee mechanism, Commercial Bank will be able to extend credit to a wider segment of women entrepreneurs, furthering its mission to drive inclusive economic growth.
Business
Prima Group Sri Lanka supports national flood relief efforts with over Rs. 300 Mn in dry rations
Prima Group Sri Lanka has pledged assistance valued at over Rs. 300 million, providing essential Prima food products to support communities affected by the recent floods across the island. This relief initiative is being coordinated through the Ministry of Defence to ensure the timely and effective distribution of aid to impacted families.
As part of this commitment, Prima Group Sri Lanka donated a significant stock of Prima dry rations to the Government of Sri Lanka on 30 November. The consignment will be distributed across multiple severely impacted districts. These supplies will support families facing disruptions to daily life, ensuring they receive assistance as recovery efforts continue.
The handover took place at the Ministry, where the donation was received by the Secretary of Defence, Air Vice Marshal (Retired) Sampath Thuyacontha. Representing Prima Group Sri Lanka, Sajith Gunaratne – General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera – General Manager of Ceylon Grain Elevators PLC, officially presented the donation.
Prima Group has been standing with the people of Sri Lanka for over 40 years, and this donation reflects its broader commitment to the nation during challenging times. As relief operations continue across the island, the company remains focused on helping families rebuild their lives and supporting the ongoing recovery process in collaboration with the Government Authorities.
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