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Ceylinco Life celebrates its 'Unstoppable Champions' at Annual Awards 2026
Women workers who gathered at the Shramabimani Centre in Seeduwa to mark World Women’s Day on March 29 demanded a living wage that matches the rising cost of living, decent working conditions, safety of workers, better healthcare facilities and limiting the extensive working hours, from the government and employers. Free Trade Zone (FTZ) workers urged the lawmakers and their employers to understand the silent tears shed amid the sound of machines. “We face frequent humiliation and insults within and outside work which a woman cannot bear but we go through them to feed our children, parents and other dependents in our homes, said Shriani Fernando, an employee of a garment factory at the Katunayake FTZ. Many such sad stories were narrated on the appalling living and working conditions of female workers who have left behind their families, kith and kin to keep the wolf from the door. “There is no privacy in a ten by ten room shared with other workers who have to walk back to their rooms late night through lonely streets, said Indrani Weerasinghe, a mother who has to feed five mouths with the little wage she earns as a factory employee. Female workers who are compelled to leave the safety of their homes at a very tender age to support the family fall prey to men seeking opportunities to satisfy their carnal desires. The predator could either be the employer, landlord, a friend, the partner or a sympathizer with ulterior motives. “While walking back to our rooms men ask us whether they could give us a lift. When we refuse the offer they pass disgusting remarks, a young worker said. Speech and hearing impaired workers said that they too are capable of doing any work as others. They said we have eyes, a good brain, hands and feet to work. We need to be treated like all others instead of attracting verbal sympathies. Many workers who are victims of sexual exploitation and harassment keep silent to safeguard their jobs. “We know the outcome if we speak against the unfair treatment by our bosses. If we lose our jobs who will feed our children, said Susumali Dissanayake, a mother of four employed at a garment factory in Gampaha. What is saddening and gruesome is the act of some workers compensating the low wage or income by offering themselves to fulfill the insatiable sexual appetite of certain men. Women garment workers in FTZs face severe exploitation, including 16-hour workdays, unachievable production targets, sexual harassment, and hazardous conditions. Many en...
Ceylinco Life Raises Concerns About Gaps in Retirement Planning in Sri ...
Sri Lanka is a rapidly ageing country. By 2042, it is estimated that one in every four Sri Lankans will be over the age of 60. This is not a distant future—it is a situation that will arise in just 16 years. In such a context, it is no exaggeration to say that Sri Lanka is not prepared at all to face this demographic shift. From policy-making levels to ordinary household planning, no sector in Sri Lanka is adequately prepared for this challenge.“The transformation of Sri Lanka’s population is no longer something that belongs to the future. It is already upon us. By 2042, when one in four citizens is elderly, we must start preparing now for the related economic and social realities,” says Thushara Ranasinghe, Managing Director and Chief Executive Officer of Ceylinco Life.A notable characteristic of Sri Lanka’s workforce is that while people are good at short-term planning, they are generally weak in long-term planning. That is, although they plan for short-term needs such as education, housing, vehicles, and children’s education, only a few plan for their retirement and old age. As a result, the gap between a well-planned present and a poorly planned future is creating a serious financial challenge in Sri Lanka.The True Nature of the CrisisCurrently, the average life expectancy in Sri Lanka is around 77–78 years. The official retirement age in the private sector is 60. Accordingly, a person retiring at the average age must have accumulated sufficient savings from now to support at least another 15 years or more of life.For most private-sector employees, retirement income depends on the Employees’ Provident Fund (EPF). According to the EPF Annual Report 2024, a total of LKR 188 billion was paid out that year as retirement and death benefits to members and their legal heirs. Typically, after decades of service, these funds are received upon retirement or, in some cases, by heirs after death.In addition, during 2024, approximately LKR 40–45 billion was withdrawn prematurely. That is, under provisions of the EPF Act, members can withdraw funds early for purposes such as housing or medical needs. Accordingly, the total value of benefits provided by the EPF in 2024 is close to LKR 230 billion.As more members exit the EPF system, the balance available at retirement decreases. Over a retirement period of 15 years or more, the resulting monthly income will inevitably be quite low.A major concern is that a large segment of retirees is not covered by the EPF at all. T...
Ceylinco Life's Pranama Scholarships reach 25-year milestone
Life insurance leader continues investment in country's young achievers; applications for 2026 edition close on 30th April Ceylinco Life has announced the launch of the 25th consecutive edition of its flagship Pranama Scholarships programme, marking a significant milestone in the company's long-standing commitment to recognising and ...
Sri Lankan Event Tickets | Buy Online Tickets to Live Shows, Concerts ...
Buy tickets to the best events in Sri Lanka! Our website offers a wide variety of events, including concerts, festivals, sporting events, and more. We make it easy to find the perfect event for you and your family. With our secure online payment system, you can buy tickets with confidence. So what are you waiting for? Start browsing our events ...
