Business
Your phone bill now covers hospital bills too!
Ceylinco General Insurance and SLT-MOBITEL join hands to offer a unique insurance cover
Ceylinco General Insurance and SLT-MOBITEL recently announced the launch of a unique insurance benefit offered to SLT-MOBITEL customers. Under this new insurance cover, ‘Ceylinco SLT-Mobitel Ananthaya’, SLT-MOBITEL customers are entitled to a Serious Illness insurance of up to Rs 500,000 and a Personal Accident insurance of up to Rs 1,000,000 for death and total permanent disability due to an accident.
SLT-MOBITEL Fixed and Mobile users are entitled to these benefits and will receive an annual insurance cover equivalent to five times of their monthly bill value. For example, if the bill value is Rs. 5,000/- during the month of January 2023, they will be entitled to a cover of Rs. 25,000/-. In February, if the bill value is Rs 6,000/- they will be entitled to a cover of Rs. 30,000/- and accumulated cover by end of February will be Rs 55,000/. Likewise, this cover will accumulate as and when bills are paid. Each cover will be valid for a period of one year. Cover given for each bill will have a policy period of one year and will accumulate until it reaches a cap of Rs 1 Million. A very nominal premium will be charged for each cover such that they do not feel any financial burden to pay the small amount. For example, for a cover of Rs. 25,000/- which will be valid for one year, the premium will be only Rs. 100/-.
Commenting on the Ceylinco SLT-Mobitel Ananthaya scheme, Ajith Gunawardena, Chairman of Ceylinco Insurance PLC (the holding company of Ceylinco General Insurance) said, “Ceylinco General Insurance has served the people of our nation with the finest in innovative insurance products and services, which is an inbuilt component in the company’s DNA. Leveraging on this expertise, we have designed this unique product of high value thereby enabling SLT-MOBITEL customers to enjoy the benefits as long as they are covered under the scheme. Also, this unique scheme addresses a compelling need of the people for affordable health insurance cover for serious illnesses at a premium that is negligible. Considering ever-increasing medical costs, this benefit will undoubtedly ease the financial burden on our people to a great extent. We are more than happy to join hands with SLT-MOBITEL to launch ‘Ceylinco SLT-Mobitel Ananthaya’ insurance scheme which will be expanded to other sectors as well.”
Ceylinco General Insurance has already obtained a patent for the ‘Ananthaya’ product and several corporates in the country have expressed their willingness to get on board with Ceylinco General Insurance as partners. This product process won the ‘Innovation of the year’ award at the Asia Insurance Awards’ held in Singapore.
Commenting on this unique benefit offered to SLT-MOBITEL customers, SLT Group Chairman Rohan Fernando said, “We at SLT-MOBITEL are focused on continually enhancing the lives of our customers by understanding their evolving needs and offering solutions that are convenient and accessible. To this end, we are pleased to partner Sri Lanka’s most popular insurer, Ceylinco General Insurance, to offer our customers a product that is simple yet powerful, which enables them to remain protected against hospitalization due to serious illnesses with no additional financial stress.”
The Central Bank of Sri Lanka today (07) presented its flagship publication, the Annual Economic Review for 2024 (AER 2024), to President and Minister of Finance, Anura Kumara Disanayake, highlighting the steady progress of Sri Lanka’s economic recovery following the country’s most severe downturn in recent history.
The report was officially handed over by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank, during a special ceremony held at the Presidential Secretariat.
AER 2024 comprises four main chapters: Macroeconomic Developments, Conditions of the Financial System, Review of Central Bank’s Policies and Macroeconomic Outlook.
According to the Review, the Sri Lankan economy showed significant signs of recovery in 2024, following the deep economic crisis experienced two years ago. The recovery trajectory, though challenging, has been notably faster than that of many other debt-distressed countries.
Improvements in economic activity, a partial resurgence in purchasing power and reduced uncertainty are among the key positive indicators noted in the report.
The event was attended by Dr. Nandika Sanath Kumanayake, Secretary to the President, K. M. Mahinda Siriwardena, Secretary to the Treasury, Mrs. K. M. A. N. Daulagala, Senior Deputy Governor, Dr. C. Amarasekara, Assistant Governor, Dr. (Mrs.) S. Jegajeevan, Director of Economic Research and Dr. L. R. C. Pathberiya and Additional Director of Economic Research at the Central Bank Dr. V. D. Wickramarachchi.
[PMD]
Business
IceWarp expands into Sri Lanka, fostering European innovation in collaboration with FentonsIT
IceWarp, a global leader in business communication solutions, has officially launched its cutting-edge platform in Sri Lanka, bringing European expertise in email and collaboration solutions to support the country’s evolving business landscape.
This expansion is driven by a strategic partnership with Fentons Information Technology (FIT), the Information Technology arm of Hayleys Fentons Limited.
The grand launch event held at The Kingsbury Colombo on 4th April, 2025, was graced by several distinguished guests, including Chief Guest Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC.
The presence of Adam Paclt, Global CEO of IceWarp, and Pramod Sharda, CEO for India and the Middle East of IceWarp, along with their global team, highlighted the significance of this expansion. Industry experts, government officials, corporate leaders, and CIOs from the banking, financial services and insurance sectors were in attendance as well, reflecting strong local interest in IceWarp’s European expertise.
With this launch, Sri Lankan businesses now have access to an affordable, scalable and secure alternative to Microsoft 365 and Google Workspace. IceWarp’s advanced Collaboration Suite integrates a wide range of tools into a single, unified platform designed to streamline communication and boost productivity. Offering flexible hybrid deployment options and cost-efficient solution, IceWarp enables organisations to optimise their operations without compromising security or functionality.
Eventistry Sports, a trailblazer in innovative sporting events, has unveiled the Sri Lanka Padel League (SLPL), the nation’s first franchise-based padel tournament, set to debut in June 2025. This groundbreaking league promises to redefine Sri Lanka’s sports landscape by creating a dynamic national platform for athletes while fostering unity among fans, brands, and communities.
The SLPL will showcase six franchise teams, each embodying the spirit of iconic Sri Lankan locales: the Colombo Chargers, Yala Rangers, Hikkaduwa Riders, Ella Hawks, Arugambay Vipers, and Trinco Warriors. These teams will not only ignite regional pride but also unite the country through a shared passion for padel—a fast-paced racquet sport merging tennis and squash, played on enclosed courts.
“The SLPL is more than a league; it’s a movement,” declared Karin Wijeratne, Director of Eventistry Sports. “By blending franchise sports with Sri Lanka’s vibrant culture, we’re creating a platform where players gain national recognition, fans rally behind their hometown heroes, and brands engage with communities in meaningful ways.”
The league’s launch on June 21–23, 2025, at Colombo’s Padel House courts (CR&FC) will kick off with three days of high-octane matches, preceded by a star-studded player auction on May 16th at The Vault, Colombo City Centre. Local talent—both professional and intermediate—will be drafted by franchise owners, with international registrations now open to elevate the competition’s global appeal.
Please log in to: www.slpadelleague.com and social media: @SriLankaPadelLeague (Facebook & Instagram) for more information.
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