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.”

Business
Indo-Sri Lanka Chambers forge alliance to drive infrastructure and real estate investment
By Sanath Nanayakkare
In a major boost to bilateral economic ties, the Chamber of Construction Industry of Sri Lanka (CCISL) and the Indo–Sri Lanka Chamber of Commerce & Industry (ISCCI) have signed a strategic Memorandum of Understanding (MoU) to deepen cooperation in real estate, infrastructure, and urban development.
The agreement establishes a formal framework for both institutions to drive collaborative initiatives, including business delegations, high-level conferences, workshops, B2B matchmaking sessions, and technical site visits. Designed to bridge businesses, government institutions, and project stakeholders across the Palk Strait, the partnership aims to unlock new avenues for cross-border joint ventures and technology transfers.
A focal point of this newly minted partnership is the facilitation of an upcoming trade delegation from the National Real Estate Development Council (NAREDCO) of India. Comprising major Indian players in the real estate and infrastructure sectors, the visiting delegation will engage in targeted business meetings, workshops, and inspection tours of prominent construction projects in Sri Lanka.
Under the terms of the MoU, CCISL will serve as the principal host coordinator in Sri Lanka. In close consultation with ISCCI, the apex construction body will curate itineraries, identify viable projects for engagement, and facilitate high-level dialogues with key government agencies, regulatory bodies, and industry leaders.
With both nations prioritizing sustainable urban growth, modern construction technologies, and infrastructure expansion, industry leaders view the partnership as a timely catalyst for economic rejuvenation. The collaboration is anticipated to accelerate market access, knowledge exchange, and foreign direct investment into Sri Lanka’s burgeoning property and development sectors.
To ensure the success of the upcoming NAREDCO delegation, CCISL has issued an urgent appeal to statutory authorities and relevant project owners to come forward with viable investment proposals. Stakeholders holding projects seeking foreign investment or technical partnerships are invited to submit comprehensive details to the Secretary General and CEO of CCISL via email at secyces@gmail.com.
Both chambers emphasize that translating this foundational agreement into tangible partnerships and robust capital flows will significantly strengthen bilateral connectivity between the construction and real estate sectors of India and Sri Lanka.
Business
Hettich celebrates a decade in Sri Lanka with partner meet in Colombo
Hettich, the globally renowned German manufacturer of furniture fittings and architectural hardware known for its state-of-the-art manufacturing plants and magical interior solutions across the world celebrated a significant milestone in Sri Lanka, marking 10 years of presence in the country with its inaugural Partner Meet in Colombo.
The landmark event brought together Hettich’s key partners, stakeholders and industry leaders to celebrate a decade of growth, collaboration and shared success, while reaffirming the company’s long-term commitment to the Sri Lankan market.
Over the past decade, Hettich has strengthened its presence in Sri Lanka through its focus on German engineering, innovation, quality and functionality, contributing to the creation of contemporary and intelligently designed living and working spaces across the country.
The gala evening was graced by a distinguished delegation of senior leaders, including Dr. Andreas Hettich, Chairman, Hettich Group Advisory Board; S. K. Poddar, Chairman, Hettich India & Adventz Group; Mr. Akshay Poddar, Director, Hettich India; Andre Eckholt, Managing Director, Hettich India, SAARC, Middle East & Africa; Rahul Thakkar, Director – Sales, Hettich India & SAARC; and Dinusha Bhaskaran, Managing Director, Vallibel One PLC.
Business
GS Evo Motors launches all-new JMEV EWIND
GS Evo Motors Limited, the authorized distributor of JMEV electric vehicles in Sri Lanka, has officially launched the JMEV EWIND, a next-generation compact electric SUV. The vehicle is designed to offer strong performance, intelligent technology, premium comfort, and high safety standards, marking another milestone in Sri Lanka’s growing electric mobility sector.
The EWIND features a sleek, aerodynamic exterior with penetrating LED daytime running lights, trapezoidal chain-inspired LED tail lamps, 19-inch alloy wheels, and a bold silhouette. Inside, it offers a spacious cabin with a panoramic moonroof and retractable curtain, an ultra-thin suspended instrument panel, a D-shaped multifunction steering wheel, multi-colour ambient lighting, premium finishes, and electrically adjustable front seats.
The SUV is available in single-motor front-wheel drive configurations, producing up to 108 kW and 210 Nm, with 0–100 km/h acceleration in 8.9 seconds.
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