Business
Organic agriculture experts from Switzerland hold discussions with Plantation Minister and top government officials
A renowned team from Switzerland who are widely regarded as experts on organic agriculture met with Minister of Plantation Dr. Ramesh Pathirana and Secretary to the Ministry of Plantation Ravindra Hewavitharana on 06th August. During the meeting, the minister shared the country’s vision for the plantation sector and the approach and measures taken to embrace the organic fertilizer challenge.
The minister raised many interactive questions during this knowledge-sharing session whilst the team also shared key challenges on embracing an organic ecosystem and ways on overcoming them especially highlighting plantation crops which accounts for a significant percentage of the country’s economy, exports and labor. The Deputy Director- Research Production and Nematologist of Tea Research Institute of Sri Lanka (TRI), Keerthi M. Mohotti also participated during the session.
Earlier on that day, the experts had virtual meetings via Zoom with Hon. Dr. Seetha Arambepola, State Minister of Skills Development, Vocational Education, Research and Innovation along with Prof. Ranjith De Silva, Acting Director/CEO of NIFS and Senior Professor in Agricultural Engineering at the Department of Agricultural Engineering, University of Peradeniya.
The state minister and Prof. Silva shared insightful presentations on their vision and how training and related activities need to be focused during the conversion from a conventional to an organic agriculture approach including why the government has taken timely decisions on this much needed conversion.
The experts also held discussions with Secretary to the State Ministry of Promoting the Production and Regulating the Supply of Organic Fertilizer Mr. M N Ranasinghe, and Additional Secretary Mr. Mahesh Gammanpila. The officials briefed on the policies and strategy that is being implemented including how numerous development initiatives are already in progress especially in view of the upcoming Maha season, paving the path to successfully achieve a healthy nation under its ‘Vistas of Prosperity and Splendour’ national policy framework.
They also met with the local EU representative and agriculturist Chandana Hewawasam including officials from GIZ Sri Lanka (German Agency for International Cooperation), and Deputy Ambassador of the Embassy of Switzerland in Sri Lanka.
The team of experts are from Research Institute of Organic Agriculture (FiBL) and School of Agricultural, Forest and Food Sciences (HAFL) and contracted by A. Baur & Co. (Pvt.) Ltd (Baurs) for a 10-day visit with diverse interactions to study the country’s entire agriculture landscape and the transition towards adopting a strategic and scientific approach to embrace an organic agroecosystem.
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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