Business
Plans afoot to restart over 500 housing units in RPCs- The Planters’ Association of Ceylon
Close to Rs. 1Bn to be invested for the construction of housing and ECDs in RPCs 500 families to be vested with new housing constructed to the tune of Rs. 2.5Mn per unit 19 early childhood development centres to benefit families in the estate sector
The Planters’ Association of Ceylon (PA) announced that nearly Rs. 1Bn will be allocated towards recommencing the construction of over 500 housing units and 19 ‘Early Childhood Development Centres’ (ECDs) in a drive to create a sustainable livelihood for the plantation community across several RPCs in the country.
According to the Plantation Human Development Trust (PHDT), a tripartite Organisation consisting of the Government, RPCs and Plantation Trade Unions (TU), the construction is expected to complete in six months for the benefit of 500 estate workers and their families in Galle, Ratnapura, Kandy, Hatton, and Nuwara-Eliya.
A total of over 65,000 housing units have been provided to estate workers and their families, amongst which 44,000 units were constructed since privatization in 1992.
“We have been steadfast in our commitment to taking concrete steps to improve the amenities in our estates. While we witnessed a slowdown in construction work over the past two years due to COVID-19 and the economic downturn, we look forward to restarting these projects in full swing,” Media Spokesperson of PA Dr Roshan Rajadurai said.
Modular in design, the 550 square feet house is built on a seven-perch block of land. The house comes complete with two bedrooms, a sitting room, kitchen, toilet pipe-borne water, and a small space for home gardening.
In the meantime, Rs. 474Mn. will be utilised to construct 19 ECDs where children of estate workers are provided security and care during work hours. Mothers working in the field are given the facility to enrol their child at a CDC at the tender age of five months, manned by a qualified Child Development Officer (CDO), until they begin school.
With the goal of improving the lives of children in the estate sector, the work to build and renovate CDCs is rapidly progressing. As part of the Early Childhood Development project introduced in 2015, the investment and tireless efforts of RPCs have generated 1400 newly built and renovated centres. Approximately 25,000 children have been registered for supportive custodial care across the estates.
“For over the past 30 years, RPCs have continuously worked towards improving the livelihoods of the estate community. We see this not only as an investment but also as providing equal opportunity for our estates’ nearly one million resident population. We thank our donors and stakeholders who have played a major role in implementing these initiatives. For generations, our workers have been integral to the development of Sri Lanka’s plantation industry. However, especially in the context of a looming economic crisis, it is vital that all stakeholders band together to protect our most vulnerable communities,” concluded Dr Rajadurai.
Business
HNB partners IDEAL Motors to drive financial freedom through vehicle leasing solutions
HNB PLC, the leading private bank in Sri Lanka, has partnered with IDEAL Motors (Pvt) Limited to provide customers with attractive leasing solutions for brand-new vehicles & generators .
The partnership introduces a range of benefits designed to support individuals, entrepreneurs, and businesses seeking reliable vehicle and power solutions. Through this collaboration, customers can access structured lease facilities, special interest rates, free life insurance coverage, and attractive discounts through HNB General Insurance.
Commenting on the partnership, HNB, Senior Vice President/ Head of Retail Banking, Kanchana Karunagama, said, “At HNB, we believe that the right financial support can help people and businesses move forward with greater confidence. This partnership with IDEAL Motors shows our commitment to creating meaningful solutions that make vehicle and power investments more accessible, while helping our customers achieve their personal and business aspirations. By combining HNB’s financial expertise with IDEAL Motors’ industry capabilities, we are creating opportunities that support the ambitions of Sri Lankans and contribute towards a stronger, more connected economy.”
Customers purchasing vehicles through IDEAL Motors will also benefit from exclusive offers including free registration, and discounts on Bolero Maxx Pik-Up, Alfa Plus Load Carrier, Mahindra Pik-Up Single Cab, Mahindra Pik Up Double Cab, XUV 3XO vehicles, creating greater value throughout their ownership journey.
IDEAL Motors (Pvt) Limited, Director Legal and Corporate Affairs, Nimesha Welgama, said, “Our collaboration with HNB represents a shared commitment to supporting Sri Lankans in achieving greater financial independence through accessible ownership solutions. By combining IDEAL Motors’ mobility and power solutions with HNB’s financial expertise, we aim to empower individuals and businesses with opportunities that contribute to economic progress and community development. This partnership highlights our vision of creating lasting value by enabling customers to confidently invest in their future.”
With IDEAL Motors recognised for its diverse portfolio of automotive and power solutions, and HNB’s extensive expertise in financial services, the partnership aims to provide a seamless experience from selection to ownership, supported by flexible financing options and customer focused solutions.
The partnership further strengthens HNB’s commitment to supporting economic progress by providing financial solutions that enable customers to invest in personal mobility, commercial growth, and business continuity. Through collaborations with leading industry partners, HNB continues to expand opportunities for Sri Lankans while delivering a banking experience built around accessibility, trust, and value.
Business
Sri Lanka Insurance Corporation General and the Ministry of Education committed to protect Sri Lanka’s schoolchildren
Sri Lanka Insurance Corporation General Ltd (SLICGL) and the Ministry of Education, Higher Education and Vocational Education share a commitment to protect Sri Lanka’s children throughout their school education. The pledge is delivered through the Suraksha Student Insurance Scheme, which protects over 4 million school children.
The Government of Sri Lanka, through the Ministry of Education, Higher Education and Vocational Education, provides the Suraksha Student Insurance Scheme free of charge to schoolchildren throughout the country. SLICGL is proud to partner with the Ministry in delivering this national initiative, which helps safeguard students against the financial impact of unforeseen circumstances.
Eligible students include those aged 5-21 years in Grades 1-13 from government schools, government-approved private schools, and Pirivena education, as well as students aged 4-21 years in assisted special schools.
The scheme provides hospitalisation, outpatient and critical illness cover, as well as personal accident cover for permanent and temporary disability, together with a life insurance benefit for children from low-income families on the death of a parent. Cover applies to incidents within and outside school premises.
For a child, an illness or accident can be far more than a temporary setback. It can place added pressure on a family and, in some circumstances, disrupt schooling. Suraksha acts as a safety net, giving children and their families greater peace of mind and helping them stay in school despite life’s uncertainties. The scheme is easily accessible through SLICGL’s islandwide network of 200 branches and customer service centres.
Children’s Day is a celebration of hope, the hope for every child to have the opportunity to learn, grow and build a better future. Celebrating children also means protection, not for a single day but for every day they spend in the classroom.
Commemorating Children’s Day, SLICGL extended support towards the educational needs of children at an underprivileged school. The project highlighted the company’s belief in protecting the future not only by being supportive when the unexpected happens, but also in helping create an environment in which children can learn, grow and fulfil their potential.
As Sri Lanka’s National Insurer, SLICGL’s role goes further than protecting people against risk. It is also about contributing to a stronger, safer and more resilient country as children’s education, wellbeing and aspirations contribute directly to help build the journey ahead.
Business
Vietjet launches Hanoi to Prague route via Almaty, expanding to Central Asia and Europe
Vietjet, which already flies between Colombo and Ho Chi Minh City, has officially launched new services connecting Hanoi with Almaty, Kazakhstan, and Prague, Czech Republic, as well as Almaty with Prague, expanding its intercontinental network and marking its entry into the European Union. The new air links offer more affordable travel options while fostering greater tourism, trade and cultural exchange between Asia and Europe.
For Sri Lanka, the new routes widen the network that Vietjet is building out of Colombo. The airline has operated non-stop flights between Colombo and Ho Chi Minh City since August 2026, three times a week on Tuesdays, Thursdays and Saturdays, while its new Ho Chi Minh City to Maldives service via Colombo is scheduled to begin on 5 December 2026. With Hanoi now linked to Central Asia and Europe, Sri Lankan travellers have a growing choice of destinations reachable through Vietjet’s extensive network.
The inauguration ceremonies took place at Almaty International Airport and Václav Havel Airport Prague on 10 October, amid a warm welcome from local leaders, residents and visitors. The inaugural flights were greeted with traditional water cannon salutes and performances showcasing local cultural heritage, marking the beginning of new journeys connecting the three regions and welcoming international travellers to Vietnam. Passengers on the inaugural flights also received commemorative gifts from Vietjet and the airports, adding a special touch to their journeys.
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