Business
University of Colombo walks away with top honours at 99x’s Hacktitude 2022
99x’s innovative use of technology saw over 600 undergraduates from across the island virtually participate in the inter-university hackathon Hacktitude last week. After nine hours of non-stop coding, Dalana Dharmathilake, Ashan Rathnaweera and Visal Jayathilaka of University of Colombo’s School of Computing (UCSC) walked away with top honours.
Just 12 teams from the 230 registered were able to score the full points and it was these outstanding 12 teams that were recognised at the awards ceremony hosted at Kingsbury, Colombo earlier this week. The winning team from UCSC received developer-grade, high-end Apple MacBooks for the entire team. The first and second runners-up were from the University of Moratuwa’s Computer Science and Engineering Faculty (UOM-CSE), and this faculty was also awarded the Hackitude Championship Trophy as the highest scoring university.
“Most undergraduates possess knowledge but lack the skills and capabilities required when entering the job market,” observed 99x Chief People Officer Damitha Jayasinghe. “However, by participating in Hacktitude, these 600+ students challenged themselves and improved their technical skills. The tests were created to give participants exposure to problems faced in real client projects, allowing them to develop their industry readiness before entering the job market.”
He added that it was an inspiring and exciting time for the 99x team as well, especially with the numerous positive comments received by the participants, who shared that they had learned a lot from the event.
Commenting on their Hacktitude experience, Dalana Dharmathilake of the winning team ‘NamakNa’, stated: “The format of the hackathon was a new experience for us all. It was challenging but very enjoyable. I think Hacktitude is a great competition for undergraduates to test and improve their skills in developing production-grade code. We are looking forward to participating in the next year as well. Thank you 99x for organizing such an amazing hackathon.”
Hacktitude saw undergraduates from 18 state and private universities participate and a noteworthy contribution from a group of enterprising boys from Ananda College. UCSC and UOM-CSE dominated the top 10 with their technical prowess, with the 11th and 12th teams hailing from the National School of Business Management (NSBM) and University of Moratuwa’s Information Technology faculty respectively.
A compulsory requirement of each participating team was the inclusion of an academic coach, a member of the university faculty who will mentor the teams throughout the competition. Pasindu Marasinghe, as academic coach of the winning UCSC team, also walked away with a MacBook and many prizes as he coached three other teams in the top 10.
The entire event was made possible by DevGrade, a first-of-its-kind platform developed by 99x to train product engineers, which too was put to the test in supporting the work of over 600 young developers over a period of nine hours. Given this success, 99x plans to continue Hacktitude as an annual event and is now exploring the possibility of extending it to schoolchildren, to educate them about ICT from a young age.
99x is a technology company co-creating well-engineered, innovative digital products for the Scandinavian market. Its expertise has been proven through a portfolio of over 150 impactful global digital products, developed together with leading Independent Software Vendors (ISVs). 99x employs over 350 technology and product specialists, who are high achievers, creative thinkers and team players. The company is one of Asia’s Best Workplaces for 2021 and has been named a Best Workplace in Sri Lanka for nine consecutive years.
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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