The Island SANASA Life resumes operations after IRCSL lifts suspension Business CEO Nuwanpriya Gunawardena Share Tweet SANASA Life Insurance has officially resumed full business operations following the lifting of a temporary regulatory suspension by the Insurance Regulatory Com…
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SANASA Life resumes operations after IRCSL lifts suspension
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CEO Nuwanpriya Gunawardena
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SANASA Life Insurance has officially resumed full business operations following the lifting of a temporary regulatory suspension by the Insurance Regulatory Commission of Sri Lanka (IRCSL). The resumption comes after the company successfully completed the regulatory requirements outlined by the commission. Throughout the suspension period, SANASA Life continued to honor valid claims and provide uninterrupted service to existing policyholders. With its full insurance operations now restored, the company aims to strengthen stakeholder confidence, re-energize its sales force, and deepen relationships across its network of insurance brokers, banks, corporate partners, and the SANASA society network. Chief Executive Officer Nuwanpriya Gunawardena expressed gratitude to policyholders and partners for their unwavering support, stating that the company remains focused on enhancing customer value and delivering sustainable growth. Backed by a three-decade legacy, SANASA Life plans to implement nationwide initiatives to expand access to affordable life insurance solutions and reinforce trust through enhanced community engagement.
Business Ceylon Green Life Plantation launches Ceylon ECO Resort Project
Published 58 seconds agoon 2026/07/13
The project is set to be built on a 90-acre land area in the Panamura region of Embilipitiya Taking a distinctive step toward strengthening Sri Lanka’s green economy, Ceylon Green Life Plantation (CGLP) has officially launched the Ceylon ECO Resort integrated development project. Scheduled to be built on a 90-acre land area in the Panamura region of Embilipitiya, this project represents a novel development model that brings together Sri Lanka’s agriculture, tourism, education, and biodiversity conservation on a single platform. Currently maintaining over 400 acres of cultivated land, Ceylon Green Life Plantation has already played a role in popularizing greenhouse cultivation in Sri Lanka and introducing modern agricultural technology to farmers. Through greenhouse construction, technical advisory services, and the promotion of high-yield cultivation methods, the company has successfully brought about a new transformation in local agriculture. Under this new project, plans are in place to implement numerous agricultural development programs, including an agricultural science faculty in Sri Lanka, an internationally renowned tourist resort, greenhouse cultivation zones, and cinnamon, coconut, and pineapple cultivation projects. The company’s aspiration is to create employment opportunities, attract investments, and strengthen the rural economy through these initiatives. The founder and chairman of the group, Dr. Malan Francis Peters, stated that CGLP will continue to operate as a trusted enterprise contributing to the national economy through sustainable agriculture and innovation.
Business Hero-Abans Auto celebrates excellence at national convention
Published 1 min agoon 2026/07/13
The convention highlighted the rapid progress Hero has achieved since its relaunch in Sri Lanka in April 2025 Hero-Abans Auto recently hosted its prestigious Partners’ Convention at ITC Ratnadipa, Colombo, bringing together over two hundred sales dealers from across the island along with senior representatives from Abans and Hero MotoCorp India. Held on July 4th under the inspiring theme “Accelerating Towards the Future,” the event celebrated the brand’s remarkable growth and strengthened commitment to transforming Sri Lanka’s two-wheeler industry. The convention highlighted the rapid progress Hero has achieved since its relaunch in Sri Lanka in April 2025 through its partnership with Abans Auto. As the world’s No. 1 manufacturer of motorcycles and scooters, Hero MotoCorp has quickly established a strong presence in the local market, driven by its focus on quality, innovation, reliability, and customer satisfaction. Addressing the gathering, company representatives expressed confidence in the brand’s future, emphasizing that Hero is more than just a two-wheeler manufacturer. It represents freedom, dependability, and outstanding performance, empowering riders to overcome barriers and embrace new opportunities with confidence. Through its expanding product portfolio and customer-centric approach, Hero aims to redefine the riding experience for Sri Lankan consumers.
Business Positive court ruling affirms Baby Cheramy’s exclusive brand rights
Published 2 mins agoon 2026/07/13
Baby Cheramy, Sri Lanka’s most trusted baby care brand, was able to protect its identity by affirming its exclusive ownership and rights to the Baby Cheramy brand identity and intellectual property. The ruling comes in response to the emergence of a deceptively similar imitation brand operating under the name ‘Baby Sherami’, which created confusion among consumers and trade partners. The court’s verdict unequivocally upheld Baby Cheramy’s sole and lawful ownership of its brand name and identity, and confirmed that any unauthorised imitation, whether visual, phonetic or conceptual, constitutes a violation of the company’s intellectual property rights. The ruling reinforces the legal protections granted to Baby Cheramy and affirms its longstanding reputation as the original and authentic brand trusted by generations of Sri Lankan families. This legal action was initiated as part of Baby Cheramy’s ongoing commitment to protecting the trust consumers place on the brand, maintaining brand integrity and preventing fake or misleading products from entering the market. The company has taken firm and proactive steps to ensure that parents and caregivers are not misled by brands whose names and presentation closely resemble the genuine Baby Cheramy brand. A company spokesperson stated: “This court ruling is a clear and decisive affirmation of Baby Cheramy’s exclusive rights and our unwavering commitment to protecting the trust placed in us by parents across the country. We will continue to take all necessary legal action against any entity that attempts to imitate or misuse our brand identity. Protecting our consumers and preserving the integrity, safety and quality associated with Baby Cheramy remains our highest priority.”
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