Business
Sri Lanka to harness growing potential of Vietnamese tourists
As a result of its ongoing global process of promoting Sri Lanka across the seven seas and also to showcase the island destination’s potential as a world renowned tourist destination, Sri Lanka Tourism Promotion Bureau (SLTPB ) arranged a special media familiarization tour for a delegation of 4 bloggers from Vietnam .
This was an ideal opportunity to showcase Sri Lanka as a destination which has everything for the modern day traveler who loves to travel and explore , plus with a bit of adventure. The FAM Tour continued from 24th to 29th November 2024. Upon their arrival, they were given a warm welcome by the SLTPB officials at the Bandaranaike International Airport, (BIA) displaying the warm hospitality which is simply unique to Sri Lankan citizens. This was an ideal opportunity for them to have a unique experience all around Sri Lanka and also had a special travel itinerary prepared especially for them including all the main tourist attractions identical to Sri Lanka.
This was a remarkable tour to explore with their own eyes what kind of an impact Sri Lanka could make across the world, with its sun kissed beaches and picturesque locations, and the various travel and holiday opportunities that the destination could provide. They took this as a wonderful opportunity to spread a positive message to their peers, fellow citizens back at home to come and explore Sri Lanka and its unique beauty.
Vietnam can be a vital tourism market for Sri Lanka as tourist arrivals increase daily, taken as a splendid opportunity for Vietnamese tourists to visit Sri Lanka, and see the potential of promoting it among their citizens. Up to 30th of November this year, 1,804, 873 tourists have visited Sri Lanka which shows great potential for the island destination.
Vietnam also could be a possible destination from the east Asian region to bring a considerable number of tourists and be one of the most highlighted markets apart from The European and Asian regions. Its similarity in culture, tradition and heritage could be a good example to develop both cultural and bilateral ties between both countries.
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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