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Norlanka and University of Kelaniya take the lead in mangrove conservation efforts & carbon neutralization

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Norlanka, one of Sri Lanka’s largest sustainable exporters of baby and kids wear, together with the Environmental Conservation and Management Society of University of Kelaniya recently concluded Phase 1 of a mangrove restoration project in the coastal area of Chilaw. Over 100 participants from Norlanka and the university joined this restoration project.

Mangrove ecosystems of Sri Lanka are rapidly degrading due to the pollution caused by various human activities. This project aims to restore mangrove ecosystems in selected areas of the Sri Lankan coast while raising awareness on their importance. During the initial stages, a series of webinars were conducted by the University to create awareness about the project.

Under Phase 1 of the project, 650 mangrove plants were restored with the help of the volunteers. Phase 2 of the project involves regular monitoring of the changes in the restored mangrove cover. During the first two years, regular monitoring of growing seedlings and maintenance work needs to be carried out to ensure the plants grow properly.

Mangroves protect the seashores from erosion and are the first line of defense for coastal communities from storms and provide homes for various animal species. They store 3 to 5 times more carbon per hectare than tropical rainforests. Through their dense network of roots and surrounding vegetation, mangroves filter and help to maintain water quality. They also provide livelihood for communities through fishing and eco-tourism. Restoring 650 mangrove plants will have a total carbon sequestration of 7,995kg per year. Throughout the lifespan of the 650 mangrove plants, 199,875kg of CO2 can be removed.

Norlanka Chief Innovation Officer Buddhi Paranamana commented, “The global apparel industry has a significant effect on the environment and therefore we need to always strive to create an industry that is held accountable. Norlanka is a company that firmly believes in this and that is why, along with our many other ESG efforts, we have invested in reforestation programs. We have a set a goal of becoming carbon neutral by the year 2025, and this mangrove restoration project with the collaboration of University of Kelaniya is just one of many initiatives that we’ve commenced to ensure achieving sustainable excellence.”

Norlanka is a confluent apparel solutions provider, from design to delivery, for over 20 international fashion brands and retailers and works closely with over 40 partner factories across Sri Lanka. These factories help ship 20 million garments a year, making the company one of Sri Lanka’s largest sustainable exporters of baby and kidswear while the company’s diverse product portfolio also consists of active wear, casual wear, and athleisure. Its global clients include Primark, Matalan, Walmart, Superdry, George and many others. Norlanka is ‘a global company built on local roots’ with manufacturing operations in India and Bangladesh and expanding to several other countries. It is part of PDS Limited, a global manufacturing and sourcing platform with a footprint in over 22 countries.



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HNB Finance bags 2 CMA Reporting Awards 2025

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Prof. Ho Yew Kee presents the award, while Rajeeva Bandaranaike hands over the certificate to the HNB Finance team. Featured (right to left): Thushara Jayasekara – Chief Manager / Head of Corporate Planning & Analytics; Randula Munindradasa – Assistant Manager Planning & Analytics; Sandakelum Jayathunga – Senior Manager – Financial Reporting; Maheshika Samarakoon – Manager – Strategy Implementation & Reporting

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.”

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ComBank joins ‘Liya Shakthi’ scheme to further empower women-led enterprises

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Mithila Shyamini, Assistant General Manager – Personal Banking at Commercial Bank and Jude Fernando, Chief Executive Officer of the National Credit Guarantee Institution exchange the agreement in the presence of representatives of the two organisations

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.

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Prima Group Sri Lanka supports national flood relief efforts with over Rs. 300 Mn in dry rations

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Defence Secretary Air Vice Marshal (Retd) Sampath Thuyacontha receiving the donation from Sajith Gunaratne - General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera - General Manager of Ceylon Grain Elevators PLC

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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