### 📉 SLMMF Provides Relief to Journalists Hit by Cyclone Ditwah
The Sri Lanka Muslim Media Forum (SLMMF) has completed a multi-phase humanitarian mission to support 36 journalists nationwide following the catastrophic impact of Cyclone Ditwah. The initiative addresses the often-overlooked economic vulnerability of media professionals during national disasters. • Overall Relief Impact The programme provided essential aid to journalists across 7 districts: Colombo, Kandy, Puttalam, Gampaha, Badulla, Kegalle, and Anuradhapura. Support included financial assistance, professional equipment replacement, and essential household goods. • Sectoral & Economic Context Cyclone Ditwah (Nov 2025) caused an estimated US$ 4.1 Bn (4% of GDP) in direct physical damage. While the agriculture sector suffered US$ 814 Mn in losses, the media sector faced significant operational disruptions. SLMMF highlighted that journalists—integral to the ICT/BPM and information landscape—suffered personal livelihood and equipment losses while serving as first responders. • Inclusivity & Support Network • Beneficiaries: 36 journalists from Sinhalese, Tamil, and Muslim communities. • Key Partners: Qatar Charity Sri Lanka, JJ Foundation, and the Colombo District Mosques Federation. • Recovery: Replacement of professional tools was prioritized for media personnel in flood-hit Colombo to ensure the resumption of essential reporting duties. _Note: Figures based on SLMMF reports and World Bank GRADE provisional data._
Shing Kwan Group Donates $ 100,000 for National Disaster Recovery 📈
Singapore-based Shing Kwan Group (SKG), the majority shareholder of Overseas Realty (Ceylon) PLC, has donated US$ 100,000 to the Rebuild Sri Lanka Fund. The contribution supports recovery efforts following the widespread devastation caused by Cyclone Ditwah. • Key Financials & Support: • Total Donation: US$ 100,000 (approx. LKR 30 Mn+). • Purpose: Restoring livelihoods and rebuilding essential infrastructure. • Donor Profile: Leading property holding and investment firm from Singapore with a 60-year association with Sri Lanka. • Sector Impact & Contributions: • Real Estate & Infrastructure: SKG is the principal backer behind iconic BOI-approved developments, including the World Trade Center (WTC) Colombo and Havelock City. • Foreign Direct Investment: The group is recognized as a consistent contributor of substantial FDI to the Sri Lankan economy. • Economic Context: • Cyclone Ditwah (late 2025) caused an estimated economic loss of US$ 0.7–1.07 Bn (approx. 0.8–1.0% of GDP). • The Rebuild Sri Lanka Fund has now surpassed US$ 11 Mn in total contributions from local and international donors. _Summary based on official corporate and provisional government data as of Jan 14, 2026._
📈 Union Assurance Suwamaga Report 2025: Addressing Sri Lanka's Diabetes Crisis
Union Assurance has released its inaugural Impact Report for the Suwamaga initiative, a nationwide CSR program tackling the rising prevalence of diabetes in Sri Lanka from June 2024 to August 2025. • Program Reach & Coverage The initiative surpassed its initial target of 15,000 screenings by 155%, providing free medical services to 23,000+ lives. Screenings were conducted across all 25 districts at 263 locations via a specialized Mobile Screening Unit. • Critical Health Insights The report reveals alarming data regarding the "silent killer" in the local healthcare sector: Diabetes Prevalence: Of the 13% of beneficiaries referred for advanced HbA1c testing, 76% were confirmed to be in the diabetes stage. New Diagnoses: Approximately 3% of the total beneficiaries were diagnosed with diabetes for the first time through this program. Behavioral Change: 71% of participants reported making positive lifestyle modifications following the screenings and personalized advice. • Strategic Economic Context By focusing on early detection and preventative healthcare, the program aims to reduce the long-term economic burden of non-communicable diseases (NCDs) on the national insurance and public health systems. The findings advocate for stronger public-private partnerships to safeguard the productivity of the national workforce.
## 🏥 Swiss Foundation Donates Rs. 200Mn Angiography System to Karapitiya Hospital
A state-of-the-art Philips Azurion 3M12 angiography machine, donated by the Heart Clinic Foundation of Switzerland, was officially handed over to the Karapitiya Teaching Hospital to bolster healthcare infrastructure in the Southern Province. • Investment & Logistics: The system is valued at over Rs. 200 million. The Ministry of Health contributed Rs. 55 million in customs duties, while the hospital invested Rs. 25 million for infrastructure to house the unit. • Operational Capacity: This marks the second operational Cardiac Catheterisation laboratory at Karapitiya, making it the only state hospital outside Colombo with two functioning Cath labs. • Impact on Healthcare: Service Reach: Serves a population of 2.7 million in the Southern Province, plus residents of Sabaragamuwa and Uva. Waitlist Reduction: Expected to reduce the current cardiac treatment waiting list to approximately one year (down from longer periods). Medical Advancement: Allows for minimally invasive interventions, helping patients avoid high-risk open-heart surgeries. • National Context: While there are 15 angiography machines in the government sector, only about 8 are typically operational. The Ministry of Health aims to bridge this gap by acquiring 11 additional machines next year to strengthen the medical services sector and improve human capital health. • Strategic Partnership: The donation was facilitated through collaboration between the Heart Clinic Foundation of Zurich and the Swiss Ambassador to Sri Lanka, highlighting the role of international grants in supporting Sri Lanka’s social infrastructure.
📈 Amba Yaalu Kandalama Marks One Year of Women-Led Hospitality
Amba Yaalu Kandalama, Sri Lanka’s first all-women-run hotel, celebrates its first anniversary, marking a significant milestone in diversifying the hospitality sector. Launched by Thema Collection, the initiative addresses a major labor gap where women comprise only 10% of the formal tourism workforce despite being 52.8% of the population. • Workforce & Empowerment • Team Composition: 100% women-led and operated across all departments. • Local Impact: 20% of the staff recruited directly from surrounding villages. • Leadership: Headed by Resort Manager Jeewanthi Adhikari, providing long-term career paths for local women in a male-dominated field. • Economic Inclusion & Supply Chain • Sector Support: Actively sources from women-led suppliers for flowers, mushrooms, and spices. • Diversification: Focuses on inclusive growth by integrating rural communities into the tourism value chain. • Sustainability & Infrastructure • Energy: Powered by a 140.40kW rooftop solar farm (157 panels) covering 12,000 sq. ft. • Natural Assets: Located on a 33-room property featuring an organic mango plantation with over 450 trees. The resort enters its second year positioned as a catalyst for changing the national narrative on female participation in hospitality, bridging the gap between high female literacy and low industry involvement.
### SDF to Issue Sri Lanka’s First Rs. 2 Bn Social Orange Bond 📈
Sarvodaya Development Finance PLC (SDF) has received Central Bank approval to issue a 5-year, listed, senior redeemable Social Orange Bond valued at up to Rs. 2 billion. This landmark issuance marks a significant step in sustainable finance within the local capital market. • Issue Structure: The initial tranche consists of 10 million bonds (Rs. 1 billion), with an option to issue an additional 10 million bonds based on investor demand. • Orange Bond Focus: A specialized category of Social Bonds where proceeds are strictly dedicated to gender equality and women’s economic empowerment. • Target Impact: Funds will be utilized to finance women-led enterprises, promote inclusive employment, and improve access to essential services for women. • Market Listing: The bonds will be listed on the Colombo Stock Exchange (CSE) as high-yield instruments, linking capital markets directly to measurable social outcomes. _The move follows SDF’s previous milestone as the first sustainability bond issuer in Sri Lanka, further diversifying the country’s MSME and development finance landscape._
📈 Seylan Bank Donates Rs. 50 Mn to ‘Rebuilding Sri Lanka’ Fund
• Seylan Bank has contributed Rs. 50 million to the Government’s 'Rebuilding Sri Lanka' Fund to support recovery efforts following the Diṭwah cyclone. • The donation is directed toward providing relief and infrastructure support to communities severely affected by the recent natural disaster. • The contribution was formally presented by Seylan Bank CEO Ramesh Jayasekera to the Secretary to the President, Dr. Nandika Sanath Kumanayake, at the Presidential Secretariat. • This initiative highlights the banking and finance sector’s role in national disaster response and social responsibility during economic recovery.
SMIB Contributes Rs. 5 Mn to ‘Rebuilding Sri Lanka’ Fund 📈
• State Mortgage and Investment Bank (SMIB) has donated Rs. 5 million to the national ‘Rebuilding Sri Lanka’ Fund. • The contribution was formally presented at the Presidential Secretariat to the Secretary to the President. • This move underscores the participation of the banking and financial services sector in supporting state-led recovery and development initiatives. • Key representatives present included the SMIB Chairman and the General Manager/CEO, marking a commitment from the state-owned enterprise (SOE) to national economic rebuilding efforts.
CHMA Donates Rs. 5 Million to 'Rebuilding Sri Lanka' Fund 📈
The Ceylon Hardware Merchants Association (CHMA) has contributed Rs. 5 million to the government’s ‘Rebuilding Sri Lanka’ Fund to support recovery efforts following the Diṭwah cyclone. • Contribution Details: A financial donation of Rs. 5 million was provided to assist communities affected by natural disaster. • Handover: The cheque was formally presented to the Secretary to the President, Dr. Nandika Sanath Kumanayake, by CHMA Chairman T. Amirthalingam at the Presidential Secretariat. • Industry Involvement: The contribution highlights the involvement of the construction and hardware supply sector in national disaster relief and infrastructure recovery. • Key Participants: The delegation included Vice Chairman S. Shanmuganathan, Secretary H. M. Jayaweera, and member K. Pathmanathan. This move underscores the private sector's role in supporting state-led social welfare and rehabilitation initiatives during economic or environmental crises.
## 📈 Cinnamon Hotels Drives Gender Inclusion in Hospitality
Cinnamon Hotels & Resorts reports a significant push toward gender parity, outperforming the national industry average in a bid to reshape Sri Lanka's workforce dynamics. • Workforce Representation: Female participation has reached 19.5%, nearly double the national hospitality average of roughly 10%. The group is on track for its 2030 target of 30% representation. • Leadership Benchmarks: Women now hold 22% of leadership positions across the group, aiming to dismantle social stigmas and misconceptions surrounding careers in tourism for women. • Strategic Appointments: The group appointed its second female Resort Manager, Thanuja Mudiyanselage, at Trinco Blu by Cinnamon. This move emphasizes leadership pathways for local talent and focuses on mentoring female staff and single mothers. • Institutional Impact: Through the EmpowerHER Network and specialized workshops, the group is transitioning the hospitality sector into a safe, secure, and empowering environment, fostering essential skill development and community engagement. _Data based on latest corporate disclosures as of January 2026._
India’s Maha Bodhi Society Donates Rs. 10M for Cyclone Relief 📈
• Humanitarian Aid: The Maha Bodhi Society of India contributed Rs. 10 million to the ‘Rebuilding Sri Lanka’ Fund, targeting recovery efforts following Cyclone Ditwah. • Recovery Focus: The funds are earmarked to restore livelihoods and rebuild infrastructure across the country following the devastation caused by the natural disaster. • Formal Handover: The donation was presented at the Presidential Secretariat to the Secretary to the President, Dr. Nandika Sanath Kumanayake, by representatives of the Anagarika Dharmapala Trust. • Context: This contribution highlights the ongoing role of religious and social organizations in supporting national recovery and social stability during economic and environmental crises.
UK Diaspora Donates £ 25,000 for Disaster Recovery 📈
British Sri Lankan Muslim organisations have collectively donated £ 25,000 (approx. Rs 10.5 Million) to support the Sri Lankan Government’s National Rebuilding and Disaster Recovery Initiative following Cyclone DITWA, flooding, and landslides. • Financial Contributions: - Direct Donation: £ 25,000 handed over to the Sri Lanka High Commission in London. - Total UK Fundraising: Estimated over £ 250,000 raised by various UK-based Muslim organisations for broader relief and rehabilitation projects. • Key Highlights: - The initiative was led by the Council of Sri Lankan Muslim Organisations (COSMOS UK) alongside 24 other community groups and sports clubs. - Focus areas include emergency relief, long-term rehabilitation, and national recovery efforts. - Reaffirmed support for the High Commission’s “Your Tenner, Their Tomorrow” campaign to encourage wider diaspora participation. • National Impact: This contribution highlights the critical role of the diaspora in supporting Sri Lanka’s humanitarian and development needs during national calamities, transcending racial and religious lines to aid recovery and infrastructure rebuilding.
Korea Exim Bank Pledges US$ 50,000 for Cyclone Relief 📈
The Export–Import Bank of Korea (Korea Exim) has committed US$ 50,000 in humanitarian assistance to Sri Lanka to support recovery efforts following Cyclone Ditwah. • Aid Overview The funds were pledged following a request by President Anura Kumara Dissanayake and will be channeled through the Korea Red Cross. The assistance targets immediate relief and the restoration of essential public facilities and infrastructure. • Impact & Scale The cyclone has affected over 1 million people across the island. Relief is specifically aimed at families currently in temporary accommodation and those suffering from widespread devastation to livelihoods. • Bilateral Context This pledge brings the total humanitarian assistance from the Republic of Korea to US$ 550,000 for this crisis. Korea Exim Bank Chairman Kiyeon Hwang emphasized the move as a mark of solidarity and a reflection of the long-standing partnership between the two nations. • Regional Focus Based on provisional data, the broader Korean aid package (including WFP contributions) supports heavily impacted districts such as Nuwara Eliya, Badulla, Kurunegala, and Trincomalee.
JKH Leads Rs. 400 Mn Corporate Contribution to ‘Rebuilding Sri Lanka’ Fund 📈
A consortium led by John Keells Holdings PLC (JKH) has contributed Rs. 400 million to the Government’s ‘Rebuilding Sri Lanka’ Fund. The fund was established to facilitate recovery and relief for communities devastated by Cyclone Ditwah. • Financial Breakdown of Contributions: South Asia Gateway Terminals (SAGT): Rs. 100 million Nations Trust Bank (NTB): Rs. 100 million Lanka Marine Services: Rs. 50 million Jaykay Marketing Services (Keells): Rs. 50 million Union Assurance: Rs. 50 million Ceylon Cold Stores (Elephant House): Rs. 50 million • Strategic Impact: The contribution supports national recovery following a disaster that caused an estimated US$ 4.1 billion in direct physical damage (approx. 4% of GDP). The logistics, banking, and retail sectors are leading this private-sector push to restore essential infrastructure and livelihoods. • Governance & Transparency: The cheques were handed over to the Secretary to the President, Dr. Nandika Sanath Kumanayake. The fund is managed by a joint public-private committee to ensure transparent resource allocation for high-priority reconstruction projects.
📈 Link Natural & Sampath Bank Partner for Agri-Empowerment
Link Natural Products and Sampath Bank have entered a strategic partnership under the Sampath Saviya program to boost rural economies through sustainable medicinal crop cultivation. • Strategic Focus: The initiative targets the development of model agricultural hubs in Kohombagaswewa and Ambulgaswewa, focusing on high-value crops like Katuwelbatu and Elabatu. • Market Security: A key feature is a guaranteed buyback agreement established by Link Natural, providing farmers with predictable income and addressing the critical challenge of market access. • Technical Support: Farmers will receive specialized training in crop management, technical guidance, and supervision from the Link Natural Agriculture Division to ensure quality and compliance. • Economic Impact: Beyond agriculture, the project aims to foster women’s empowerment and youth engagement, while creating long-term income through a medicinal perennial planting project. • Roles: Sampath Bank will oversee project implementation and facilitate communication with local farmers' associations, while both parties monitor progress to ensure sustainable growth in herbal & ayurvedic supply chains. _Note: Partnership formalised via MoU; project expansion to additional rural areas is planned following the pilot phase._
📈 Sri Lanka’s Post-Cyclone Recovery: Speed vs. Resilience
President Anura Kumara Dissanayake’s 2026 New Year message emphasized recreating a "far better" nation following the devastating Cyclone Ditwah. However, analysts warn against prioritizing rapid restoration over long-term structural integrity. • Economic Impact & Damage Provisional data from the World Bank’s GRADE report estimates direct physical damage at US$ 4.10 Bn (~4% of GDP). Total recovery and reconstruction needs are projected to reach up to US$ 7.00 Bn. The Central Province was hardest hit, with Kandy district alone suffering US$ 689 Mn in losses. • Infrastructure & Connectivity Infrastructure accounts for the largest share of damage at US$ 1.74 Bn (42% of total). While 99% of the 200+ damaged roads were reportedly restored within a month, experts question if these "quick fixes" meet international geotechnical and safety standards to withstand future climate risks. • Sector Breakdowns • Agriculture: US$ 814 Mn in losses; 20% of Maha season paddy sowings damaged, affecting 227,000 farmers. • Housing: US$ 985 Mn damage; 15,000+ homes destroyed. • Transport: Fixing railway tracks alone is estimated to cost over US$ 330 Mn. • Fiscal Response The Government has proposed a Rs. 500 Bn supplementary estimate for 2026. This includes Rs. 250 Bn for critical infrastructure and Rs. 100 Bn for housing. The budget deficit is expected to rise by 1.4% to 6.5% of GDP due to these recovery costs.
Sri Lanka Advancing Circular Economy & Sustainable Manufacturing 📈
The 2nd International Conference on Circular Economy and Sustainable Ecosystem (IC2ESE 2025) concluded at the Open University of Sri Lanka, focusing on transitioning the nation from traditional linear models to regenerative systems. • Core Objective: Strengthening the link between academic research and industrial application, specifically supporting the MSc in Energy for Circular Economy to develop skilled professionals for the national energy transition. • Sector Insights: • Manufacturing: Industry leaders called for a shift from "take-make-dispose" to circular production. This aims to enhance industrial competitiveness and reduce waste/emissions through resource efficiency and material recovery. • Energy & Transport: Technical sessions focused on energy technologies, sustainable transport, and material circularity to align with Sri Lanka's Sustainable Development Goals (SDGs). • Education: Experts highlighted the role of research-based learning and policy alignment in preparing the workforce for a low-carbon economy. • Strategic Outlook: The transition is viewed as vital for meeting Sri Lanka’s Nationally Determined Contributions (NDCs). Key enablers identified include policy support, green finance mechanisms, and cross-sector collaboration to build a resilient industrial economy. _Based on conference proceedings and official addresses._ Would you like me to find more details on Sri Lanka's specific Nationally Determined Contributions (NDCs) for the manufacturing sector?
📈 Dialog Axiata Pledges LKR 420 Million for Cyclone Ditwah Recovery
Dialog Axiata PLC has committed LKR 420 million to the "Rebuilding Sri Lanka" initiative to accelerate recovery following the impact of Cyclone Ditwah. The funds are earmarked for critical infrastructure restoration in the healthcare and education sectors. • Healthcare Infrastructure Upgrades: Partnering with the Ministry of Health to restore and upgrade facilities at: Chilaw District General Hospital Base Hospital Puttalam Divisional Hospitals in Kotmale and Madulkele • Education & ICT Restoration: Collaboration with the Ministry of Education to refurbish computer laboratories in over 20 cyclone-affected schools, restoring ICT infrastructure and digital connectivity for students. • Immediate Relief Measures: Prior to this commitment, Dialog provided emergency assistance to over 8 million customers via free voice, SMS, mobile data, and home broadband quotas to ensure essential communication during the disaster. • Strategic Context: This initiative follows Dialog's history of national support, including the National Fuel Pass during the 2022 economic crisis and ICU establishments during COVID-19. The project emphasizes public-private partnerships to strengthen national resilience and long-term community outcomes. _Based on official corporate disclosure (2026-01-06)._ Would you like me to track further private sector contributions to the Cyclone Ditwah recovery efforts?
Prime Group Supports Police Families Affected by Cyclone Ditwah 👨👩👧👦📚
Prime Group has launched a national initiative to support the children of Sri Lanka Police families impacted by Cyclone Ditwah. • The program provided essential educational supplies to ensure uninterrupted schooling for children whose families faced hardship while officers safeguarded the nation. • 1000 students across Sri Lanka received support, with Prime Group investing Rs. 10 million in the initiative. • Donations were ceremonially handed over at Sri Lanka Police Headquarters, attended by key government and police officials, as well as Prime Group's leadership. • Prime Group Co-Chairperson Sandamini Perera emphasized the gesture as a token of gratitude for the police officers' selfless service during the cyclone. • This initiative reinforces Prime Group's commitment to building resilient communities and supporting the nation, aligning with their 30 years of leadership in Sri Lanka's real estate sector.
Lion Brewery Bolsters Flood Resilience & Community Support in Biyagama 🌊
Lion Brewery (Ceylon) PLC has reaffirmed its commitment to flood resilience and community support in Biyagama, its core operations hub, following recent severe floods along the Kelani River. • During the emergency, Lion teams, empowered for swift action, mobilised to support the community. Efforts included: • Evacuation assistance with A-Pad trained rescue teams. • Delivery of food, clean water, and essential supplies, especially to hard-to-reach areas. • Post-flood clean-up, clearing debris, mud, and hazards with local authorities. • The company worked closely with government officials and local businesses, highlighting the value of public-private collaboration during crises. • Future plans include establishing a safe, accessible community stronghold facility on higher ground, equipped to support residents during future flood events. • CEO Rajiv Meewakkala emphasised that building climate resilience protects both operations and community livelihoods, investing in infrastructure and knowledge sharing to strengthen Sri Lanka's disaster management ecosystem.
Morison's 'Suwa Deya' Aids Cyclone-Affected Communities 🤝
Morison, a leading Sri Lankan pharmaceutical manufacturer, has activated its CSR platform 'Suwa Deya' to provide crucial support to communities affected by the recent cyclone. • As the Principal Medical Partner, Morison donated medicines manufactured at its plants, valued at nearly Rs. 4 million. • These medicines will be distributed through medical camps organised by Swarnavahini, a leading Sri Lankan TV channel, in the coming weeks. • The initiative aligns with Morison's purpose of 'Making Premium Healthcare Affordable' and ensures access to essential healthcare during this challenging time. • Morison employees also made personal contributions of dry rations, which were handed over to Swarnavahini to support affected families. • This collective effort underscores Morison's commitment to national solidarity and supporting Sri Lanka's path to recovery.
SLIC Supports 1,000 Cyclone-Affected Families 🇱🇰
Sri Lanka Insurance (SLIC) Life and General, in collaboration with the National Disaster Relief Services Centre (NDRSC), provided crucial assistance to families impacted by the recent ‘Ditwah’ cyclone. • Relief Initiative: 1,000 families received dry ration packs. • Affected Areas: Aid was distributed in Divulapitiya Pradeshiya Sabha and Maharagama Urban Council. • Timelines: Distribution occurred in two phases on November 30 and December 2, 2025. • Commitment: Sri Lanka Insurance Chairman Nusith Kumaaratunga emphasized the company's commitment to community wellbeing and its role as a trusted national insurer. • Additional Support: SLIC General also implemented extended operating hours at selected branches in affected areas to ensure uninterrupted service for policyholders impacted by the severe weather.
📱 TikTok's Vision for Safe Digital Learning in Sri Lanka 🇱🇰
• Social media platforms are reshaping education by amplifying curiosity and collaboration, but also pose risks like misinformation and virality. • TikTok, led by Trust & Safety Lead Asma Anjum, is committed to creating safe and inclusive digital learning environments. • Key safety measures on TikTok include: • Restricting access to users over 13, reflecting developmental readiness. • A multi-layered content review process focusing on learning value, age-appropriateness, and factual accuracy, supported by AI and human moderation. • Features like #LearnOnTikTok, #StudyTok, creator verification for educational content (e.g., STEM Feed), and interactive prompts to encourage engagement. • The platform prioritizes accessibility and inclusivity to bridge digital literacy and device availability gaps across diverse regions. • For Sri Lanka, the emphasis is on cultivating digital literacy and responsible online behavior. • Realizing this potential requires collaboration among government, educators, and platforms to bridge connectivity gaps, ensure equitable access, and prepare the next generation to thrive in an increasingly digital world.
🚨 Sri Lanka Urged to Learn from Global Leaders in Climate Preparedness & Green Economy 🌍
Eric Solheim, former UN Environment Program Executive Director, offers to assist Sri Lanka with climate preparedness following recent extreme weather events. He highlights: • Sri Lanka, with its tropical climate, is particularly vulnerable to increased floods, droughts, and landslides due to global warming. • Key Recommendations for Sri Lanka: Improve early warning systems to alert citizens in hazardous areas. Develop climate-resilient infrastructure. Implement better planning for future disasters. • Lessons from Other Nations: China & India: Leading the green energy revolution, producing 60% of global solar, wind, hydropower, and EVs/batteries. They see green transition as an opportunity for jobs and prosperity. Bangladesh: Offers valuable lessons in preparedness for climate catastrophes. Tropical nations (e.g., Indonesia, Thailand, Africa, Latin America): Sri Lanka can benefit from comparing notes and sharing experiences with countries facing similar issues. • Economic Opportunity: Moving to a green economy (e.g., solar energy) is now the cheapest option globally and can drive prosperity, create jobs, and elevate citizens to middle-class levels. • Solheim expressed willingness to visit Sri Lanka to share expertise with the government, businesses, and civil society.
📈 Deep Tec Engineering Uplifts Rural Sri Lanka with Sustainable Water & Solar Solutions!
• Deep Tec Engineering leads with a 28% market share in solar water pumps. • Annually delivers nearly US$ 2 million in solar water pump projects. • Strong collaborations with international development agencies like the UN and World Bank. • Over the past decade, thousands of rural families and farmers have gained access to water for drinking, agriculture, and livelihoods using solar-powered systems. • Company is at the forefront of Sri Lanka's green engineering movement, promoting fossil fuel and grid-independent solutions. • Managing Director Thilina Hettiarachchi, recently named Best Entrepreneur of the Year 2025 at the Iconic Awards 2025, drives the company's mission for rural upliftment and renewable energy adoption. • Deep Tec aims to scale its solar water solutions to further support national environmental goals and empower more rural families.
Union Bank Supports Cyclone Ditwah Relief with "Sounds of the Season" 🎶
• Union Bank partnered with Port City Colombo and the Sri Lanka Institute of Directors to host "Sounds of the Season," a Christmas carols event. • The initiative aimed to raise funds for communities affected by Cyclone Ditwah. • Performances included the Soul Sounds and Union Bank Choirs, with special guest acts by Alston Koch and the De Lanerolle Brothers. • This event highlights a collaborative effort in corporate social responsibility (CSR) to support national relief efforts.
Allianz Commits €200,000 for Sri Lanka Flood Recovery & Resilience 🤝🇱🇰
Allianz SE has pledged €200,000 to support post-flood recovery and resilience efforts in Sri Lanka, part of a larger €600,000 regional relief initiative for Southeast Asia following severe floods and landslides. • Regional Support: Allianz is donating €600,000 across Southeast Asia, with Sri Lanka receiving €200,000, and an additional €400,000 allocated for Thailand and Indonesia. • Sri Lanka Allocation: • €100,000 for immediate assistance via the Sri Lanka Red Cross Society (SLRCS). • €100,000 for long-term post-disaster support, focusing on disaster prevention and climate resilience, implemented with Allianz Insurance Lanka Limited and local partners. • Objective: The funds aim to help affected communities recover, strengthen local preparedness against future climate-related events, and rebuild stronger. • Commitment: This support highlights Allianz's commitment to its stakeholders and communities in Asia, a strategic growth region for the group.
🌪️ Sriyani Dress Point Aids Cyclone Ditwah Victims with Rs. 20M & Relief Efforts
• Sriyani Dress Point, a leading fashion retailer, has donated Rs. 20 million to the Government’s ‘Rebuilding Sri Lanka’ Fund for Cyclone Ditwah relief. • The donation was presented to Secretary to the President Dr. Nandika Sanath Kumanayake by Chairman M. Selvaraj and senior leadership. • Beyond financial aid, the company mobilized staff from its eight showrooms across Sri Lanka to conduct ground-level relief operations. • Essential aid, including clothing and dry rations, was distributed directly to affected families. • Relief efforts were amplified through partnerships with humanitarian initiatives led by Sri Lankan media organizations and other key collaborations.
📢 Almas Holdings Pledges Rs. 250 Mn to 'Rebuilding Sri Lanka' Fund 🇱🇰
• Almas Holdings Ltd. has committed a total of Rs. 250 million to the Government’s ‘Rebuilding Sri Lanka’ Fund. • An initial contribution of Rs. 100 million has already been made, with an additional Rs. 150 million pledged. • The fund aims to provide relief to communities affected by the Ditwah cyclone. • The company also expressed commitment to further support flood relief and reconstruction initiatives, particularly in the Kandy District.
Lakbima Rice Mills Donates Rs. 100 Mn to 'Rebuilding Sri Lanka' Fund 🇱🇰
• Lakbima Rice Mills Ltd. has contributed Rs. 100 million (Mn) to the government's 'Rebuilding Sri Lanka' Fund. • The fund was established to provide relief to communities affected by Cyclone Ditwa. • The donation was handed over by Araliya Group Chairman Dudley Sirisena to Secretary to the President Dr. Nandika Sanath Kumanayake at the Presidential Secretariat.
Diamond Cutters Achieves LEED Gold for Panadura Expansion! 📈
• Diamond Cutters Ltd. has secured LEED Gold Certification for its new state-of-the-art facility in Panadura, marking its second LEED-certified building. • The certification from the US Green Building Council highlights the facility’s commitment to energy and water efficiency, improved indoor environmental quality, and responsible construction. • Key features include high-efficiency chillers, optimised HVAC, smart automation, and advanced ventilation systems. • This achievement offers a significant strategic advantage, meeting growing global buyer demand for verified sustainability and strengthening Diamond Cutters' brand equity and ESG alignment. • co-energi Ltd. served as the sustainability, engineering, and MEP consultant, playing a crucial role in developing this high-performance, energy-efficient manufacturing facility.
UN Warns World Unprepared for Escalating Climate Disasters ⚠️
The United Nations has issued a stark warning that the world is increasingly vulnerable to extreme weather events, with current systems, financing, and infrastructure falling short of handling the accelerating pace of climate-related disasters. • Global Preparedness Gap: UN Resident Coordinator Marc-André Franche stated that despite more frequent and intense extreme weather, global and national preparedness has not kept pace. He emphasized that the world will suffer many more disasters in the coming years and decades. • Shrinking Aid & Competition: Nations are struggling with overlapping crises while global humanitarian financing shrinks due to governments diverting budgets to domestic priorities. Sri Lanka faces stiff competition for international aid as countries like Vietnam, Indonesia, and Thailand also grapple with simultaneous climate disasters, alongside major humanitarian crises elsewhere. • Call for Climate-Resilient Development: Franche urged governments, including Sri Lanka, to use post-disaster recovery as a turning point to rebuild stronger, safer, and climate-smart infrastructure rather than replicating past vulnerabilities. • Avoid High-Risk Areas: The UN asserts the need for climate-resilient rebuilding and avoiding resettlement in historically flood-prone or high-risk areas. Proactive investment in protection measures, like along the Kelani River, is crucial and cheaper than repeated post-disaster relief.
📈 Sri Lanka's Tourism Boom: Experts Urge Sustainable Growth
Intrepid Travel Asia–Australia MD Natalie Kidd highlights Sri Lanka's surging popularity and stresses the need for sustainable destination management to safeguard its future. • Rapid Growth: Sri Lanka broke into Intrepid Travel's global top 10 in 2024, with arrivals doubling in 2024, and projected to grow 50% in both 2025 and 2026. • Warning Signs: Unmanaged tourism risks include rising global carbon emissions (10% of global total), anti-tourism protests, and over-tourism impacting local needs. • Strategic Shift Needed: Urges Sri Lanka to prioritize quality visitors over unchecked numbers, adopt strategic destination management, and set carrying capacities to protect natural and cultural assets. • Sustainability as a Competitive Edge: Visitors increasingly choose destinations with strong environmental and community standards. A third of European travellers may change destinations if sustainability is lacking. • Key Recommendations: • Protect biodiversity, heritage sites, and local traditions. • Address waste, water management, and ethical wildlife tourism. • Increase community inclusion, especially for women in visible industry roles. • Diverse Appeal: Sri Lanka's beaches, culture, wildlife, and adventure offer year-round appeal and enable higher-value segments. • Call to Action: Government and public-private collaboration are crucial to implement practical steps for a value-driven, sustainable tourism future.
Sinopec Provides 75,000L Emergency Water Relief to Flood-Hit Areas Under 'Clear Spring' Initiative 💧
• Sinopec has mobilized its "Clear Spring" CSR programme to donate 75,000 litres of bottled drinking water to flood-affected communities across Sri Lanka. • Distribution was carried out through Sinopec's Filling Stations Network and strategic partners in severely impacted regions, including Kandy, Badulla, Anuradhapura, Jaffna, Biyagama, and Kelaniya. Direct donations were also made to local government offices. • Hon. Kumar Jayakody, Minister of Energy, personally participated in the distribution, underscoring the collaborative effort between public institutions and private operators in the energy sector during the national crisis. • This initiative addresses the urgent need for safe drinking water, crucial due to widespread disruptions and damage to water supply systems caused by flooding. • It builds on Sinopec's existing humanitarian efforts, which include the installation of water filtration units in Madu, Mannar, and Anuradhapura earlier this year, with commitments for further expansion. • Sinopec reaffirms its readiness to expand the 'Clear Spring' initiative to support Sri Lanka's ongoing recovery and ensure access to clean water. 🤝
🌊 Blue Lanka Tours Aids Flood Relief Efforts 🚤
• Blue Lanka Tours has donated two brand new motorboats, valued at Rs. 2.6 million, to the Sri Lanka Disaster Management Centre. • The donation is a direct response to the destruction caused by the Ditwah cyclone, aiming to bolster ongoing rescue and relief efforts. • The fibreglass boat and Suzuki 2-stroke outboard boat are designed for challenging operations in flooded areas, providing vital access where traditional transport is limited. • These boats will serve as permanent assets for the government, deployable for future disaster response, routine rescue operations, flood preparedness, and community transport in vulnerable regions.
🇦🇪🇱🇰 UAE Leads Sri Lanka Cyclone Relief Efforts 📈
• Lulu Group Chairman Yusuff Ali MA spearheaded UAE residents' aid for cyclone-hit Sri Lanka, donating Rs. 32 million (US$ 100,000) to the national relief and recovery fund. • Other significant contributions include: • Tristar Group CEO Eugene Mayne: Rs. 25 million (Dh 300,000) • Sri Lankan Quantity Surveyors in the UAE (SLQS-UAE): Rs. 8.5 million • Sri Lankan Professionals Association (SLPA): Rs. 5.5 million • Sri Lankan missions in the UAE are sending tons of relief materials, with two 40-foot containers and nearly 10 tons of air cargo dispatched. • The UAE Government's support has been "unprecedented," including 9 flights and a recovery team that assisted in locating missing persons. • Cyclone Ditwah has caused widespread devastation: • 635 lives lost, 192 people still missing (potential total up to 800-900). • 1.76 million people affected. • 5,300 houses completely destroyed, 81,000 partially damaged. • 69,800 people from 22,000 families are in 690 safety centres. • Sri Lanka’s government is urging financial support for rebuilding efforts, including infrastructure projects like schools.
Sri Lanka Grapples with Cyclone Ditwah Devastation & Economic Recovery 📈
Sri Lanka faces immense challenges after Cyclone Ditwah, resulting in: • Human Toll: Over 600 deaths reported, with counting ongoing. • Housing Damage: 5,165 houses completely destroyed, 57,312 partially damaged. • Economic Impact: Estimated US$ 7 billion in infrastructural and economic damage, impacting the nation's 2026 growth target of 5%. • Government Response: President Anura Kumara Dissanayake expresses confidence in recovery with state, foreign, and local support, despite critics citing neglected early warnings and environmental aspects of development projects. The article also highlights a broader global issue: • Increasing Disasters: An average of 417 natural disasters occurred annually over the last decade, with experts warning of increased frequency due to changing weather patterns and rising sea levels. • "One-Dimensional Economies": The text critiques modern economic systems driven by technological rationalism and consumerism, which prioritize growth (GNP) over environmental sustainability, leading to reckless resource depletion. • Historical Warnings: Intellectuals like Marcuse, Veblen, and reports like the 1972 "Limits to Growth" have long warned about the dangers of unchecked industrialization and resource use. • Global Efforts Challenged: International treaties like the Paris Accord (COP21) aim to limit global warming, but challenges remain, notably the US withdrawal and lobbying from major MNCs impacting environmental initiatives. An "environment-friendly economic paradigm" is urged as essential for long-term immunity from natural havoc.
🎭 Santani Foundation Launches "Gurukulaya" to Preserve Kandyan Dance Heritage
• The Santani Foundation, through the new documentary "Gurukulaya," is making a vital effort to foster the traditional Kandyan dance form, honoring its custodian artisans (gurukula masters). • This initiative follows the foundation's 2024 launch of the "Samula" heritage dance festival, marking a crucial cultural milestone. • The documentary celebrates key figures who have shaped the dance, including Dr. Widyawathie Rajapakse, the Thiththapajjala brothers, and the legacy of the Chitrasena Dance Company. • Financial Challenge: Santani Foundation CEO noted the three-day Samula festival cost approximately Rs. 50 Million, underscoring the significant financial requirements for preservation. • A strong appeal was made for Government and private sector sponsors to step in, arguing that sustained support is necessary to prevent the art form from diluting. • The CEO suggested that amalgamating local art festivals could be a phenomenal step to support artists and boost country-wide tourism. • The foundation also aims to position the Dumbara area as a major cultural hub. • Samula was supported by principal sponsors MDF and Australian aid, alongside partners including Sri Lankan Airlines and Aitken Spence Travels.
Tiesh Partners Infinite Grace Foundation to Champion Mental Health & Rehabilitation 🤝
• Sri Lankan jewellery brand Tiesh has announced a meaningful partnership with the Infinite Grace Foundation (IGF) to address critical national challenges. • The collaboration focuses on vital, often-overlooked areas: mental health support, drug addiction, prisoner rehabilitation, anti-human trafficking awareness, and the empowerment of estate communities. • IGF's core campaign is "I See You," aimed at recognising, supporting, and uplifting overlooked individuals and promoting year-round advocacy. • To support the initiative, Tiesh has launched an exclusive jewellery collection (including diamonds, gold, and silver pieces). All proceeds from this collection will be donated directly to the Infinite Grace Foundation. • The foundation's work covers wide-ranging pillars, including prison reforms, addiction rehabilitation, vocational training, and mental health destigmatisation, with a vision to create a "Clean Sri Lanka" in heart, mind, and community. • Tiesh Directors expressed a future goal to offer job opportunities in jewellery craftsmanship, box making, design, or other livelihood pathways to support rehabilitated individuals.
Gangaramaya Temple Donates Rs. 30 Mn to Cyclone Relief 🤝
• The Hunupitiya Gangaramaya Temple in Colombo has contributed Rs. 30 million to the Government’s ‘Rebuilding Sri Lanka’ fund. • The fund was established to provide relief to those affected by Cyclone Ditwa. • The donation will support both immediate relief for the affected population and the rebuilding of damaged temples and religious sites across the island. • Chief Incumbent Ven. Dr Kirinde Assaji Nayaka Thera confirmed the Temple will also coordinate future assistance from overseas Buddhist temples. • Groups affiliated with Gangaramaya, both locally and internationally, are expected to extend further support to the fund.
Apparel Sector Activates Coordinated Relief Effort Post-Severe Weather 🤝
• The Joint Apparel Association Forum (JAAF) confirms the activation of a coordinated relief and recovery effort following severe weather conditions (flooding/landslides) across Sri Lanka. • Highest Priority: Employee safety and wellbeing is the top focus. JAAF is working to identify affected employees, assess needs, and ensure timely assistance. • Operational Status: Most factories have resumed normal operations. Only a few isolated pockets still face access and infrastructure challenges. • Immediate Support: Companies are providing emergency aid, including food, clothing, temporary shelter, transport assistance, and essential supplies to displaced workers, their families, and local communities. • Coordination: JAAF has established focal points to streamline relief efforts, allowing for faster mobilization of resources and district-level impact reporting. • The apparel & textiles industry is actively collaborating with Government authorities to support national relief efforts, highlighting its commitment to immediate recovery and long-term support for its people.
👶 Flood Relief: MP Namal Pledges Salary to 'Adaraya'
• MP Namal Rajapaksa has pledged his monthly salary and allowances to the “Adaraya” program, a relief initiative for children. • The Adaraya program, launched last week, aims to support children from families affected by the recent floods and landslides. • Assistance focuses on providing essential school supplies, such as books, pens, and pencils, to help children return to their education. • UNICEF estimates that nearly 300,000 children have been impacted by the disaster, with over 275,000 affected by Cyclone Ditwah. • The program is open to anyone wishing to assist children in the affected areas.
VFS Global Donates Rs. 7.5 Mn to SL Flood Relief Fund 🇱🇰
• VFS Global has contributed Rs. 7.5 million (US$ 25,000) to the Government’s official Flood Relief Fund, established by the Ministry of Foreign Affairs. • The support addresses the severe flooding and landslides that have impacted 25 districts and over 266,000 families. • The donation is earmarked for critical nationwide relief efforts, including the provision of temporary shelter, medical supplies, and logistical support. • The company is also organizing employee volunteering and giving opportunities to extend support beyond financial aid. • This latest gesture builds on VFS Global's community efforts, totaling an investment of Rs. 27 million in Sri Lanka for 2025, which included initiatives like Youth Empowerment.
CH17 Launches Digital Privilege Card for Disaster Relief Heroes 🤝
• CH17 has announced a nationwide initiative themed "Rebuild Sri Lanka" to honour individuals and groups supporting ongoing post-cyclone disaster relief and recovery efforts. • The core plan is to issue 10,000 special digital privilege cards to first responders, volunteers, donors, welfare teams, and media personnel. • The digital card (QR code, unique ID) will allow recipients to access special discounts funded entirely by participating merchants and retailers. • CH17 is urging thousands of private merchants, shops and service providers to join the goodwill effort, strengthening the recognition layer for national rebuilding. • This program follows the successful humanitarian recognition system (CARE Program) previously deployed by CH17 during the COVID-19 pandemic (2020-2021). • CH17 has also developed a complementary program to assist aid agencies in real-time monitoring of relief distribution processes.
OPA Members Rally with Rs. 1 Mn+ Aid for Cyclone Victims 🤝
• The Organisation of Professional Associations of Sri Lanka (OPA) and its Member Associations have collectively contributed vital relief supplies for communities affected by Cyclone Ditwah. • The total value of the donated essential supplies (dry rations, sanitary items, bottled water, etc.) exceeds Rs. 1 million. • Donations were officially handed over on Dec 3, 2025, by OPA President Jayantha Gallehewa to the Sri Lanka Rupavahini Corporation (SLRC) Director-General Manoja Nadeeshana Amarasinghe. • This action reflects the strong commitment of the professional community to stand in solidarity and support the nation during this challenging time.
🤝 Overseas Chinese Association Donates Rs. 1 Mn for Cyclone Relief
• The Sri Lanka Overseas Chinese Association has donated Rs. 1 million (Mn) to support the nation's post-disaster recovery and rebuilding efforts. • The contribution is specifically aimed at assisting with cyclone relief operations. • The donation was officially handed over at the Presidential Secretariat to Dharmasiri Gamge, Director General of Public Relations.
Digital Wings Initiative Bridges SL's Digital Divide 💻
• laptop.lk has launched "Digital Wings," a Corporate Social Responsibility (CSR) initiative aimed at providing essential tech tools and bridging the digital divide, particularly in Sri Lanka’s rural regions. • Goal: To ignite curiosity, improve digital literacy, and build confidence among students and educators alike. • Inaugural Phase: Took place at Parakum Maha Vidyalaya, Vavuniya, where the company donated laptops, desktops, and printers. • Value: The donated equipment is valued at over Rs. 1 million (Rs. 1 Mn). • Context: Spearheaded by laptop.lk Chairman Famy Ismail, the program supports Sri Lanka’s digital transformation by ensuring access to knowledge and opportunities regardless of geography.
Sri Lanka Cricket (SLC) Donates Rs. 300 Million to National Relief Fund 🤝
• Sri Lanka Cricket (SLC) has donated Rs. 300 million to the government's ‘Rebuilding Sri Lanka’ Fund. • The decision was made by the Executive Committee, led by President Shammi Silva. • Purpose: The funds will primarily support emergency relief for families affected by Cyclone Ditwah and help restore essential public services. • SLC emphasised its commitment as an iconic national body to stand by the nation and extend support for the country’s progress.
Dilmah & UNGC Launch 'Grey2Green' Urban Transformation Movement 🌳
• The initiative addresses the urgent need for more green spaces in Colombo, which a study shows has warmed by up to 4°C over the last two decades. • 'Grey2Green' is a national, citizen-powered movement by Dilmah Conservation and UN Global Compact Sri Lanka, inviting the public to convert concrete “grey” areas (rooftops, unused land, industrial sites) into thriving ecological spaces. • It is not a traditional tree-planting campaign but a long-term, data-driven process focusing on ecosystem management, science-based restoration, and community engagement. • Participants will receive training in urban forestry and ecology, replicating the success of the One Earth Urban Arboretum, which transformed an industrial waste dump into a green sanctuary. • The Central Environmental Authority supports urban greening as a national priority, and the initiative aligns with global sustainability goals (UN SDGs 11 & 13: Sustainable Cities and Climate Action).
Vidullanka Achieves Carbon Neutrality Across All Operations 💡
• Vidullanka PLC has attained Carbon Neutrality across its entire operational footprint, verified under the ISO 14064-1:2018 standard for the April 2024–March 2025 period. • The comprehensive verification by Control Union Inspections Ltd. covers all operations, including overseas subsidiaries in Uganda and its full portfolio of mini-hydro, solar, and biomass renewable energy plants. • Total verified GHG emissions for the period amounted to 2,062 tonnes of CO₂ equivalent (tCO₂e). • Key Significance: Vidullanka is the first power sector company to align its GHG reporting with Sri Lanka’s 2030 national emission reduction target (20.8%) and the 2050 carbon neutrality vision. • The company actively supports national goals: • In the last FY, it offset 149,949 tCO₂e through energy generation and surpassed its 100,000 tree planting target. • Plans are underway to integrate advanced IT-based GHG tracking tools to enhance efficiency and support the company's broader Net-Zero commitment.
📈 HUTCH Pledges Rs. 60 Mn to ‘Rebuild Sri Lanka’ Fund
• HUTCH Sri Lanka has stepped forward with a significant Rs. 60 Million contribution to the ‘Rebuild Sri Lanka Fund’ to aid the nation's recovery post-Cyclone Ditwah. • The funds from the CK Hutchison Group subsidiary will be utilized to rebuild vital public infrastructure and restore livelihoods across affected communities. • In addition to the financial pledge, the company undertook direct relief efforts focused on connectivity: • Offering free calls, data, and SMS. • Deploying mobile charging booths. • Airlifting engineers for swift network tower repairs. • HUTCH reaffirms its role as a committed long-term partner in supporting Sri Lanka, prioritizing keeping people "contactable and safe" during the crisis.
Rs. 20 Mn Boost for 'Rebuilding Sri Lanka' Fund 🤝
• Financial contributions continue to flow into the Government’s ‘Rebuilding Sri Lanka’ Fund, which aims to provide relief to communities affected by Cyclone Ditwah. • Yesterday, the fund received a total of Rs. 20 million (Rs. 20 Mn) from two main sources. • Key Donors (Rs. 10 Mn each): • Sri Lanka Administrative Service Association • Pragathi Lanka International Ltd.
Cargills Launches 'Heart for the Nation' Flood Relief Support 💧
• Cargills has stepped forward with its 'Heart for the Nation' program to assist families affected by recent floods across Sri Lanka. • Immediate Relief: The company has dispatched 10,000 dry-ration packs to the most severely impacted areas. • All distributions are carried out in close coordination with government agencies and local authorities. • Next Phase: The initiative will soon be opened to customers, allowing the public to contribute towards essential food and hygiene items. • Cargills will then distribute these customer-contributed supplies using its extensive island-wide store network and logistics capabilities.
CHEC Port City Aids Cyclone Recovery with Rs. 10 Mn & On-Ground Support 🤝
• CHEC Port City Colombo Ltd. has committed critical financial and on-ground support following the devastating Cyclone Ditwah. • Financial Support: Donated Rs. 10 million (Rs. 10 Mn) to the Government’s newly established ‘Rebuilding Sri Lanka’ Fund for long-term reconstruction and rehabilitation. • Physical Aid: Mobilised a fleet of 12 critical disaster-response machinery, including loaders, excavators, and dump trucks, ready for rapid deployment for debris clearance and rescue operations. • Technical Assistance: Offering specialised engineering support and technical assistance for emergency bridge repairs, road reconstruction, and reconnecting isolated communities. • All required skilled personnel are also being fully sourced and deployed by the company to ensure uninterrupted, on-ground assistance.
SLT-Mobitel Launches Free 24/7 Medical Helpline for Flood-Affected. 🩺
• SLT-Mobitel, the National ICT Solutions Provider, has launched the free ‘247 Helpline’ to support communities affected by the aftermath of Cyclone Ditwah. • The service provides round-the-clock (24/7) medical advice from a dedicated panel of professionals. This is a collaboration with the University of Colombo. • Callers can dial 247 for timely guidance on health concerns arising from the floods, such as injuries, fever, waterborne illnesses, and breathing difficulties. • The helpline is accessible free of charge to all mobile users across all networks in Sri Lanka, ensuring wide access to essential medical support during this challenging period.
Corporate Support for Flood Relief Efforts
• Avon Pharmo Chem Ltd. Managing Director Kumara Ekanayake, along with Australian Immigration lawyer Hemanta Punchihewa, donated Rs. 2 Mn (Two Million) to assist flood relief efforts. • The donation is specifically aimed at supporting the Government’s program to provide relief to citizens affected by recent adverse weather conditions. • The funds were formally handed over to the Secretary to the President, Dr. Nandika Sanath Kumanayake.
🚨 Uber Commits Rs. 65 Mn for Cyclone Ditwah Relief & Partners Red Cross.
• Uber Sri Lanka has announced a major partnership with the Sri Lanka Red Cross Society (SLRCS) to provide emergency relief and recovery support for communities affected by Cyclone Ditwah. • Total Commitment: The company is contributing approximately Rs. 65 million (Rs. 65 Mn) combining funds, mobility support, and grocery access. • Support Breakdown: • Rs. 30 Mn allocated for SLRCS to procure and distribute dry-ration kits, life-saving medicines, and essential care packages across affected regions. • Rs. 17.5 Mn in free Uber rides to facilitate safe transport for Red Cross teams during rescue and relief operations. • Rs. 17.5 Mn via Uber Eats to enable SLRCS to source and deliver groceries and essentials from local merchants to impacted households. • Community Mobilisation: Uber is also collaborating with the Colombo Municipal Council (CMC) on a public Donation Drive. The Uber app will facilitate donation pick-ups for dry rations and essential goods, delivering them to the CMC collection point at Colombo Town Hall. • Company leaders emphasised sustained, long-term support for the community during this critical time.
Starlink Offers Free Connectivity for Cyclone Ditwah Relief in Sri Lanka 🤝📡
• Starlink is providing free satellite internet service in Sri Lanka for those affected by Cyclone Ditwah and subsequent flooding. • This free service is available to both new and existing customers until the end of December 2025. • The company is closely coordinating with the Sri Lankan Government to deliver additional assistance for restoration efforts. • Existing users (active, suspended, or paused accounts) will have free service credits applied automatically. • New customers in affected regions can receive the free period after purchasing/activating a terminal and creating a support ticket referencing “Sri Lanka Flood Support”. • Focus is on ensuring impacted communities maintain reliable connectivity during recovery operations. • The authorised agent for Starlink in Sri Lanka is Singer (Sri Lanka) PLC.
🚨 Binance Donates Rs. 61.6m for Cyclone Ditwah Relief 🇱🇰
• Binance Charity has pledged Rs. 61.6 million (US$ 200,000) for urgent humanitarian and early-recovery efforts following the severe flooding caused by Cyclone Ditwah in Sri Lanka. • The donation is channeled through the Sri Lanka Red Cross Society (SLRCS) to ensure immediate relief reaches affected communities. • Disaster Scale: The cyclone has disrupted over 1 million people nationwide. Nearly 200,000 individuals are currently taking refuge in over 1000 temporary shelters, based on Disaster Management Centre data. • Support Focus: Funds are allocated towards life-saving relief essentials, including food, clean drinking water, hygiene/dignity kits, medical supplies, temporary shelter materials, and cash grants for the most vulnerable communities. • SLRCS stated the generous contribution is critical for strengthening their capacity to respond swiftly and effectively to the unprecedented humanitarian challenge.
📰 Apple Pledges Support for Sri Lanka Storm Relief
• Apple CEO Tim Cook announced the company will make donations towards relief and rebuilding efforts in several Asian countries, including Sri Lanka. • The pledge addresses the devastation caused by recent floods, landslides, and strong winds across the region (also impacting Thailand, Indonesia, and Malaysia). • Apple committed an unspecified amount to support the relief and rebuilding initiatives on the ground. • The announcement was made by CEO Tim Cook on X (formerly Twitter). • Separately, Apple's internal Employee Giving program has raised over US$ 880 million globally to date through a donation matching policy.
🇱🇰 SL Secures € 8M EU Grant for Green Agriculture 🌿
• Cabinet approved an € 8 million financial grant from the European Union (EU) for the ‘Agri-Green Initiatives for Green Economic Growth’ project. • Core Focus: Promote sustainable agriculture practices, strengthen food security, and support Sri Lanka's transition toward a green economy. • Sector Highlight: The proposal, initiated by Rubber Development and Research bodies, specifically targets rubber-growing regions across seven provinces. • Target Areas: Includes Western, Sabaragamuwa, Uva, Eastern, Southern, Central, and North-Central Provinces. • Implementation: The German International Cooperation (GIZ) has been appointed as the main implementing authority. • Inclusivity: Special focus will be given to engaging youth and women within production chains to drive inclusive growth.
PickMe Activates Islandwide Digital Relief Network Amid Worst Floods 🇱🇰
Local ride-hailing giant PickMe has activated its full logistical and digital network to support nationwide flood relief efforts, responding to one of Sri Lanka's most devastating flood disasters. • Emergency Initiative: The company launched a three-pronged approach leveraging its shared-economy infrastructure to coordinate citizen donations, monetary aid, and assist urgent transport/rescue operations. • In-App 'AID' Feature: A special "AID" option is now available under the "Rides" service, enabling users to request free doorstep pickups of relief packs (dry rations, essentials) from their homes. • Financial Aid: Digital monetary donations are accepted through the PickMe Events platform, channeled directly to vetted partners, currently including Round Table Sri Lanka. • Logistics & Partnerships: A central collection hub is established at PickMe HQ (Colombo 6). Physical collections are dispatched immediately to affected zones in partnership with Ada Derana's humanitarian program. • PickMe's extensive driver network is actively providing on-the-ground support, utilizing its digital platform capabilities for the first large-scale humanitarian response of this kind by a Sri Lankan digital platform. Collections data will be published for transparency upon project conclusion.
Warning: Exclusive Planning Risks Failed Post-Disaster Rebuilding in Sri Lanka ⚠️
• Governance Alarm: Strong criticism leveled at the Government's appointment of an all-male corporate committee to manage post-Cyclone Ditwah rebuilding funds, citing the risk of an "opportunity seeking game" and corporate capture. • Stakeholder Exclusion: The exclusive planning process is heavily criticized for ignoring key actors necessary for an inclusive transformation: • Provincial Councils: Ignoring the constitutional three-tiered structure and the need for decentralised assessment, as impact scale varies across provinces. • Social Groups: No representation for women, youth (despite the Aragalaya), or civil society, who are vital for inclusive and sustainable development (SDG5). • Corporate Risk: The committee is seen as potentially composed of figures from sectors like tea and garments who have previously been involved in exploiting natural and human capital, suggesting a profit-over-sustainability approach. • Call for System Change: The author insists the Government must not sub-contract its primary responsibility and must use this disaster as a mandatory opportunity for "Systems Change." Rebuilding must move away from the "exploitative and destructive development model." • Strategic Path: A call to Recalibrate systems and converge economic planning with climate sustainability. The required approach is to Reimagine resource mobilization, Reorganise resource governance, and Reinvest in transformational pathways.
🤝 Dawoodi Bohra Community Donates Rs. 10 Mn for Disaster Relief
• The Sri Lanka Dawoodi Bohra community has donated Rs. 10 Million (Rs. 10 Mn) to support the government's ongoing relief efforts for those affected by recent adverse weather conditions. • The donation was made on behalf of the global head, His Holiness Syedna Mufaddal Saifuddin. • Mr. Ibrahim Sainy, Chairman of the community, handed over the cheque to Dr. Nandika Sanath Kumanayake, Secretary to the President, at the Presidential Secretariat today (Dec 02). • Representatives assured continued support for future relief initiatives in line with national efforts.
🚨 Cyclone Ditwah Exposes Critical Gaps in SL Health & Disaster Systems
• Human Toll: The cyclone has resulted in a death toll of 355+ and rising, with over 200,000 displaced, heavily impacting the central hills and low-lying river basins. • Infrastructure Risk: A considerable number of hospitals and medical centres operate in high flood and landslide-risk areas, making facilities themselves vulnerable and disrupting access to care. • Epidemiological Threat: The physical exposure quickly creates an epidemiological risk. Flood-prone districts are already where some of the highest average annual dengue and leptospirosis cases are reported, suggesting a likely "second wave" of climate-sensitive illnesses. • Systemic Failure: The disaster response ecosystem is fragmented due to ad hoc coordination between the Ministry of Health and the Disaster Management Centre (DMC). Frontline workers lack integrated dashboards, relying on informal, siloed information during crises. • Urgent Solutions (IPS Call): An urgent call for "Digital Fortification" is proposed, requiring: An integrated emergency coordination platform to connect the DMC, MoH, hospitals, and field staff. A climate and health surveillance system that combines real-time climate/hazard data with routine disease reporting to issue specific health warnings. • Way Forward: Sri Lanka must transform its disaster preparedness by upgrading and linking existing digital health tools to build a more intelligent and anticipatory system as climate disasters become more frequent.
LB Finance Donates Rs. 5 Mn to Support Disaster Relief Efforts 🤝
• LB Finance PLC has contributed Rs. 5 million towards humanitarian assistance for communities affected by adverse weather conditions. • The donation is aligned with the Government’s ongoing relief programme. • The cheque was officially handed over by LB Finance Managing Director Mr. Niroshan Udage to Dr. Nandika Sanath Kumanayake, Secretary to the President. • LB Finance assured a continued commitment to extending further support to the Government’s future relief initiatives.
🚨 Bybit Donates US$100,000 for Sri Lanka Cyclone Relief
• Bybit, the world's second-largest cryptocurrency exchange, has announced an emergency humanitarian aid contribution of $100,000 to support communities devastated by severe flooding and Cyclone Ditwah across Southeast Asia, with a primary focus on Sri Lanka. • Sri Lanka Impact: The disaster has claimed 123 lives and displaced over 44,000 people in the country. The nation is also battling widespread landslides, damaged infrastructure, and suspended public services. • Deployment: The $100,000 donation is being coordinated directly with the Central Bank of Sri Lanka (CBSL) to fund immediate relief operations, emergency shelters, essential supplies (food, clean water), and medical aid. • Regionally, the floods have caused over 420 fatalities across Indonesia, Malaysia, Thailand, and Sri Lanka. • Bybit stated its commitment to long-term recovery efforts alongside local partners.
📈 Ceylon Chamber Reroutes Summit Funds to Cyclone Ditwah Relief & Focuses on National Recovery
• The Ceylon Chamber of Commerce (CCC) expresses deep sorrow over the devastation caused by Cyclone Ditwah, acknowledging the loss of lives and severe disruption to livelihoods. • CCC is actively mobilising resources, working closely with Government agencies and members to coordinate urgent relief efforts and support the affected communities. • Critical Change: The Sri Lanka Economic and Investment Summit will proceed, but all social events have been canceled. • Relief Contribution: All funds originally allocated for the canceled social events will be donated directly to support the national relief efforts. • The Summit's revised focus is now to serve as an essential forum for collective reflection, policy dialogue, and strategic discussions on the road to recovery and strengthening national resilience. • The CCC affirms the private sector's critical role in rebuilding a stronger, more stable Sri Lanka and calls for a united national effort for long-term progress.
Prima Group Pledges Over Rs. 300 Mn for Flood Relief 💧
• Prima Group Sri Lanka has committed assistance valued at over Rs. 300 Million (Rs. 300 Mn) to support communities affected by recent floods across the island. • The relief consists of essential Prima food products and dry rations. • The initiative is being coordinated through the Ministry of Defence to ensure timely and effective distribution to impacted families in severely affected districts. • A significant consignment of supplies was officially handed over to the Government of Sri Lanka on November 30. • This donation reflects the group’s broader commitment to supporting national recovery efforts in collaboration with Government Authorities.
MAS Holdings Champions D&I as UN Global Compact Patron 🤝
• Apparel & Textiles giant MAS Holdings has been invited to be the Patron of the Diversity and Inclusion (D&I) Working Group of the UN Global Compact Network Sri Lanka. This extends its influence to shape the national ecosystem for ethical and sustainable enterprises. • Workforce & Culture: With over 95,000 employees across 13 countries, 70% of the workforce are women. D&I is embedded in its business strategy and safeguarded by policies, with inclusion metrics integrated into management performance evaluations. • Women Empowerment: The flagship Women Go Beyond (WGB) program, launched in 2003, has generated over 5.5 million opportunities since inception. In 2024, more than 300,000 women benefited from training on career advancement, life skills, SRHR, and GBV awareness. • Inclusion Beyond Gender: The company has expanded its focus to support people of diverse sexual orientations, gender identities, and persons with disabilities. This is complemented by family-friendly policies, including childcare facilities at 36 global locations. • Industry Impact: MAS is actively sharing its D&I expertise, notably through a collaboration with the International Trade Centre’s GTEX Program, where it supports 9 SMEs in the textile sector on women’s empowerment and related awareness programs.
🇱🇰 Teejay Lanka Leads Regional Sustainable Supply Chain Initiative 📈
Teejay Lanka PLC has been appointed Patron of the UN Global Compact Network Sri Lanka’s Sustainable Supply Chain and SMEs Working Group, highlighting its role in driving ethical and transparent practices within the apparel & textiles sector. • Climate & Decarbonisation: The company’s emission reduction targets have been validated by the Science Based Targets initiative (SBTi). The FY 2024/25 total GHG inventory was 676,666.38 t CO₂ eq. Scope 3 emissions represent approximately 85% of the total, underscoring the focus on value-chain accountability (Purchased Goods/Services and Processing of Sold Products). • Traceability & Digital: Teejay utilizes a multi-platform digital framework (TextileGenesis, Origin) for raw material traceability. It is developing a QR Traceability Project to align with future EU regulations like the Digital Product Passport (DPP) and CSRD. • Circularity & Waste: The company achieved a remarkable 64% overall waste-diversion rate in FY 2024/25 (38% recycled, 26% reused), supporting its Abhivarah 2030 'Waste to Wealth' vision. • ESG Performance: High operational standards were confirmed by exceptional average Higg FEM scores (Teejay Lanka 99%, Teejay India 97%, Teejay Prints 91%). The firm is also aligning its reporting with IFRS Sustainability Disclosure Standards (S1 and S2) from FY 2024/25. Teejay’s role involves building capacity for SMEs and suppliers to meet global sustainability benchmarks, acting as a crucial bridge between regional manufacturers and international buyers.
🌧️ Under-15 Prima Super League Final Postponed
• The final encounter of the Under-15 Super League, sponsored by Ceylon Ageo Industries (Prima Group Sri Lanka), has been postponed. • Reason: Inclement weather conditions. • The match was originally scheduled to be played today (Nov 28) at Thurstan ground. • A new date for the final will be notified in due course. • Prima Group has been sponsoring this league for the 18th year in tandem.
📈 CATALYZE 2025: SL Business Leaders Push Sustainable Growth & Action
• The UN Global Compact Network Sri Lanka, in partnership with UNFPA and The Ceylon Chamber of Commerce, convened CATALYZE 2025 to accelerate Sri Lanka's sustainability and responsible business agenda. • Economic & Finance Outlooks: • ADB's Principal Economics Officer analyzed "Global Headwinds, Fiscal Transitions, and the Unshaken Case for Sustainable Growth." • IFC's Principal Country Officer highlighted pathways for "Financing the Future" by mobilizing private capital for sustainable development. • Key Milestones: Launched the UNFPA SL–UN Global Compact Network SL In-Country Hub for Gender Equality & Women’s Empowerment and the Coalition for Reproductive Justice in Business. • Core Business Themes & Workshops: • Focus areas included masterclasses on Digital Supply Chain Transformation and practical integration of Human Rights into business operations. • Environmental action sessions covered Climate Action (NDC 3.0 implementation, industrial decarbonization), Ocean Stewardship, and integrated Water Stewardship. • A session on GS1 standards and Supply Chain Traceability demonstrated boosting market access through digital passports. • Discussions emphasized how advancing women's leadership and broader workplace Inclusion strengthen business resilience and productivity.
🌊 SL & the 'Doomsday Glacier': Urgent Sea Level Rise Threat
• Global climate leadership lacks urgency, as the recent COP30 in Belém, Brazil, concluded with a "watered-down agreement," failing to include specific details on ending fossil fuels. • Sri Lanka is positioned as facing a critical threat, with the analogy of Colombo becoming a "Venice in the Indian Ocean" used to underscore the potential risk. • Key Global Threat: The Thwaite Glacier in West Antarctica—nicknamed the "Doomsday Glacier"—is melting rapidly, a process accelerated by rising temperatures and potentially a geological 'hot spot' of active volcanoes. • Immediate Impact: • The current global sea level rise is 4.4 mm annually. • The disappearance of the Thwaite Glacier is expected to contribute an additional 65 cm of global sea level rise, likely within a decade. • National Concerns: • The stability of reclaimed land like Colombo Port City is questioned under this rising sea level scenario. • Saltwater intrusion is already a serious issue, impacting water intakes in major rivers like the Kelani, Kalu, and Nilwala, necessitating the discussion of salinity barriers. • While the CEA's R&D division has preliminary findings, resource limitations hinder a comprehensive mapping of the impact on Sri Lanka’s coastline.
DFCC Lists Sri Lanka's 1st Blue Bond on CSE 🌊
• National Milestone: DFCC Bank officially listed Sri Lanka's first ever Listed Blue Bond on the Colombo Stock Exchange (CSE), marking a significant step for the country's capital markets and the transition towards ocean-focused sustainable finance. • Key Figures: The Blue Bond is a LKR 3 Billion, senior, rated, unsecured, and redeemable instrument. • Structure & Rating: Structured under DFCC's Sustainable Bond Framework, it carries a rating of A(lka) from Fitch Ratings Lanka Limited. The issue aligns with ICMA Green Bond Principles and IFC Blue Finance Guidelines. • Tenures: Offers 3-, 4-, and 5-year tenures with both annual-coupon and zero-coupon structures. • Purpose: The initiative aims to support coastal resilience, clean water, marine restoration, and other essential areas of national importance, ushering in a new focus for sustainable finance in Sri Lanka. • Market Impact: The CSE CEO noted that the bond places the market on a "global stage." NDB Investment Bank served as Joint Manager and Placement Agent for the issue.
📈 Cabinet OKs Rs. 24 Bn Norochcholai–Wariyapola Grid Upgrade; AIIB Financing Sought
Cabinet has authorized the CEB to proceed with the long-delayed Norochcholai–Wariyapola Transmission Development Project and initiate formal negotiations with the Asian Infrastructure Investment Bank (AIIB) for required financing. • Investment: The project is estimated to cost Rs. 24.06 Billion. • Key Impact: Designed to integrate over 750 MW of renewable energy (wind and solar) potential from the North Western Province into the national grid. • Rationale: Strengthens the main transmission backbone, addresses inadequate capacity causing network congestion, and prevents the curtailment of green power potential in one of Sri Lanka's most promising renewable energy zones (Puttalam/surrounding areas). • National Goal: The initiative is a top priority under the CEB’s Long-Term Transmission Plan and is crucial for supporting the national target of significantly expanding renewable energy generation by 2030.
📈 Landmark 10 MW Solar Installation Bolsters SL's Renewable Energy Push
• Macksons Solar and Macktiles have commissioned Sri Lanka's largest rooftop solar project at the Macktiles factory complex in Bandaragama. • This landmark facility has a capacity of 10 MW (Megawatts), featuring over 18,000 high-efficiency solar panels. • Energy & Environmental Impact: The system is projected to generate approximately 12 GWh of clean energy annually, leading to a reduction of about 8,000 tonnes of carbon emissions per year. • The power generated directly services the manufacturing plant, minimizing its dependence on grid power while feeding surplus electricity back into the national energy network. • This achievement, designed and engineered by Macksons Solar's in-house team, reinforces Sri Lanka's transition towards clean energy and supports the national target of achieving 70% renewable energy by 2030.
Singer Finance Launches ESG Roadmap 2030 🚀
• Strategic Move: Singer Finance (Lanka) PLC has unveiled its 'ESG Roadmap 2030 – Where Dreams Take Flight,' under the theme “Progress Through Purpose,” aiming to fully integrate Environmental, Social, and Governance priorities. • Core Goal: The company seeks to position itself as a benchmark for ethical and inclusive finance in Sri Lanka, driving responsible and future-ready growth through measurable targets and clear policies. • Key Focus Areas: Initiatives highlighted include green financing, energy-efficient operations, human capital development, community empowerment, and enhanced governance. • Alignment: The roadmap complements the Singer Group ESG framework, Hayleys Group targets, national sustainability actions, UN SDGs, GRI reporting standards, and the Central Bank of Sri Lanka’s Roadmap for Sustainable Finance. • Commitment: All initiatives will be tracked and reported annually until 2030, reinforcing transparency and accountability.
VFS Global Partners Historic 1st Blind Women's T20 Cricket World Cup 2025 🏏
• VFS Global associated with the landmark 1st Women’s T20 World Cup – Cricket for the Blind 2025, celebrating talent and resilience. • The tournament was organised by the Cricket Association for the Blind in India (CABI) and notably co-hosted by India and Sri Lanka. • The event represents a pivotal step for women's sports and disability inclusion, bringing together six nations to champion equality and recognition for women with visual impairments. • VFS Global’s support aligns with its commitment to empowering women and fostering inclusive communities globally. • The company congratulated the champions (India) and all participating teams for their inspiring performances, which are seen as encouraging future generations. • CABI welcomed the partnership, aiming to build a long-term collaboration to drive meaningful opportunities and deeper visibility for blind women’s cricket.
🤝 Pan Asia Bank Pushes Green Mobility with Deepal EV Leasing.
• Pan Asia Bank (PABC) has signed a strategic Memorandum of Understanding (MoU) with Prime EV Automobiles, the authorised representative for Deepal electric vehicles (EVs) in Sri Lanka. • The collaboration aims to accelerate EV adoption by promoting eco-friendly leasing solutions, including PABC’s 'EV Plus' product. • Prime EV customers can access exclusive, customised leasing packages and streamlined financing to make EV ownership more accessible and affordable. • This initiative supports Sri Lanka's green transition towards sustainable transport, reinforcing PABC's role as a pioneer in green lending and leasing.
📈 World Bank Commits US$ 2.5 Bn for Asia-Pacific Energy Transition
• Overview: The World Bank has launched a US$ 2.5 billion Multiphase Programmatic Approach (MPA) to significantly scale up renewable energy and support power sector decarbonization across the East Asia and Pacific (EAP) region. • Context: The program aims to address the region's challenge of strong economic growth running parallel with high fossil fuel use, as EAP now accounts for over a third of global emissions. • Structure & Financing: The 10-year program, active until 2034, utilizes US$ 2.5 Bn (IDA/IBRD) to strengthen institutions, finance regional and national transmission infrastructure, and de-risk clean energy investments to mobilize private sector participation. • Key Targets (By 2034): • Enable 2.5 GW of renewable energy generation capacity. • Mobilize US$ 1.5 billion of private investment in clean energy. • Provide new or improved access to clean energy for 20 million people. • Result in a net reduction of 60 million tons of CO₂.
🤝 Citrus Leisure PLC & Indira Cancer Trust Partner for Monthly 'Wish Day' Experiences.
• Landmark initiative: Citrus Leisure PLC and Indira Cancer Trust (hosting Make-A-Wish Sri Lanka) signed an MoU to provide hope and memorable family experiences for children battling critical illnesses. • Key Commitment: Citrus, a leading hospitality brand, will sponsor a monthly celebratory buffet meal and hospitality experience for 'wish children' and their immediate families. • Venue & Scope: The special 'Wish Day' event will be held at the iconic Blue Orbit by Citrus, located at the Colombo Lotus Tower. Approximately 8-10 guests monthly will enjoy dinner, a visit to the 3D experience/viewing deck, and receive a gift. • Duration & Impact: The partnership is initially set for one year, establishing a unique and sustainable model of corporate compassion and joy-giving in the Sri Lankan hospitality sector. 💙
📈 Union Bank Panel Charts Course for Sustainable Finance
Union Bank recently conducted a key panel discussion, featuring industry experts, to share insights on the critical role of sustainable finance in Sri Lanka's economic future. • The discussion provided highlights across several vital areas for national development: • Climate finance and green investment strategies. • The economic transition towards the digital economy. • Importance of women financing and empowerment initiatives. • Promoting social entrepreneurship. • The panel featured representatives from major stakeholders, including the Sri Lanka Banks’ Association, Ceylon Chamber of Commerce, Hayleys PLC, UNDP, and UNIDO, emphasizing a collaborative approach to sustainability.
Mercedes-Benz Fashion Week (MBFW) Day 3: Focus on Future Craft 👗
• Event: The MBFW, presented by the Academy of Design (AOD) and powered by DIMO, held its "Future Craft Runway" on Friday at Cinnamon Life, City of Dreams. • Participation: Day 3 showcased 18 fashion brands and designers. • Key Theme: The focus was on redefining the Sri Lankan apparel & textiles industry through sustainable creativity and advanced craftsmanship. • Economic Outlook: The event highlighted efforts to honour local heritage and successfully adapt these traditional styles and techniques for a global future, supporting value addition and diversification in the sector.
🌿 Aberdeen Holdings Deepens Green Commitment with Major Certification!
A diversified conglomerate operating across 8+ industries, Aberdeen Holdings, has achieved a key sustainability milestone: • Greenhouse Gas (GHG) Verification Certification under the ISO 14064-1:2018 standard. • This validates the Group's commitment to transparently measuring, managing, and reporting GHG emissions according to international best practices. • The initiative aligns with its vision to build a greener, more resilient Sri Lanka and contribute to UN Sustainable Development Goals (SDGs). • Sustainability is core to the Group’s portfolio, which includes energy and eco-solutions, logistics and packaging, agri and commodities, healthcare, and aviation. • Subsidiaries like Ex-Pack Corrugated Cartons PLC, Hienergy Services, and Neptune Recyclers are driving innovation in renewable energy, carbon-neutral manufacturing, and circular economy solutions.
UNICEF’s ‘Little Amaya’ Child Rights Exhibit Opens in Colombo 🎨
• The official 'Little Amaya – See Me, Hear Me' immersive child rights experience and art exhibition was launched yesterday at the Lotus Tower, marking World Children’s Day. • The initiative is led by UNICEF Sri Lanka, in collaboration with the Department of Probation and Child Care Services (DPCCS) and the National Child Protection Authority (NCPA). • The four-day exhibit, open until 24 November (10 a.m. – 10 p.m.), uses interactive technology and the character Little Amaya to bring rights like protection, participation, and expression to life in a playful, relatable way. • Complementing the experience is a vibrant art exhibition featuring over 200 self-portraits and creative pieces co-created by children from diverse backgrounds across the island. • UNICEF Representative Emma Brigham underscored the significance of listening to children, stating that participation is a right and creates better decision-making processes.
🤝 Dialog & JICA Renew Strategic Partnership for Sustainable Progress
Dialog Axiata PLC has renewed its strategic partnership with the Japan International Cooperation Agency (JICA) to drive positive transformation and sustainable progress across Sri Lanka. • Core Mission: To amplify outcomes of ongoing and future development projects, focusing on national resilience and socio-economic development, especially for vulnerable communities. • Key Focus Areas for Collaboration: • Strengthening initiatives in Digital Transformation, Financial Inclusion, Gender Equality, Disaster Risk Reduction, Education, and Agriculture. • Since 2023, JICA has also partnered on Dialog’s Diversity, Equity and Inclusion (DEI) programs. • Future Strategic Emphasis: • Greater focus on Renewable Energy projects. • Implementing Women's Empowerment programs for independence and self-reliance in rural communities. • Driving joint efforts for Poverty Alleviation and combating gender-based violence through awareness campaigns. • Joint Vision: Leverage JICA's global development expertise and Dialog's cutting-edge technological capabilities to deliver scalable, people-focused solutions to address Sri Lanka’s pressing challenges.
Zonta Club II Hosts Program on Invisible Scars of Emotional Abuse
• The Zonta Club II of Colombo recently hosted an impactful program focused on "Raising Awareness, Understanding and Preventing Emotional Abuse" under the theme, "Some Scars Are Invisible – Speak Up, Seek Support." • The event aimed to train first responders, including police, teachers, and HR professionals, to compassionately identify and support victims. • Legal Insights: Attorney-at-Law Jerusha Crosette-Thambiah highlighted limited legal protection for women in property matters solely registered under the husband's name. She strongly advised couples to maintain joint bank accounts and shared ownership, stressing that financial independence is essential for security. • Psychological Impact: Clinical Psychologist Dr. Ransirini De Silva explained that emotional abuse leaves invisible scars but causes deep trauma, long-term mental health issues, and can unintentionally pass distress to children. She noted key warning signs like fearfulness, withdrawal, and low self-confidence. • Societal & Workplace Stress: Speakers discussed the burden on working women balancing professional life and homemaking, citing issues like gender bias, rivalry, and societal pressure leading to emotional strain. • The program formed part of Zonta's global "16 Days of Activism" campaign against violence towards women.
👗 Mercedes-Benz Fashion Week Kicks Off with Sustainability Focus
• The Mercedes-Benz Fashion Week (MBFW) commenced its Talent Runway on Wednesday at Cinnamon Life, City of Dreams. • The event was presented by AOD Academy of Design and powered by DIMO, showcasing 50 collections. • The central theme for the designs was climate change, reflecting motifs such as fire, cyclones, and molten rocks. • AOD, noted as a sustainable university, emphasized utilizing regenerated and deadstock textiles. • This initiative aims to position the apparel & textiles industry as regenerative and revive island craft heritage for modern, international markets. 🌎
Yaala Labs Implements P8 Platform for Climate Impact X 📈
• Global market infrastructure provider Yaala Labs successfully deployed its cloud-native P8 platform for Climate Impact X (CIX), a major player in environmental products and carbon markets. • The P8 platform now powers CIX’s Exchange and Auction services, unifying all their trading venues (Exchange, Marketplace, Clear, and Auction) onto a single, seamless system. • This key integration provides clients with significant upgrades, including simpler access, faster trade execution and settlement, and enhanced portfolio/custody capabilities for managing environmental contracts. • CIX, headquartered in Singapore with offices in London, is backed by institutional giants like DBS Bank, Singapore Exchange (SGX Group), Japan’s Mizuho Financial Group, and Standard Chartered. • The successful launch demonstrates the global reach and utility of specialized financial technology solutions, reinforcing the expertise within the broader ICT/BPM sector for next-generation market infrastructure.
MAS Holdings Sweeps National Cleaner Production Awards 2025 🏆
• MAS Holdings secured multiple honours—Gold, Silver, Bronze, and Merit—at the National Cleaner Production Awards 2025, recognising their commitment to operational efficiency, reduced environmental impact, and circularity. • Awards were given in the Large-Scale Manufacturing category for Apparel & Textiles sectors. • Key Wins - Apparel Sector: • Gold: Silueta (Biyagama). • Silver: MAS Intimates Slimtex Division (Kuliyapitiya) & Bodyline (Horana). • Bronze/Merit: MAS Active Kreeda Shadeline (Mahiyanganaya) & Contourline Division (Pallekele). • Key Wins - Textile Sector: • Gold: MAS Active Linea Intimo (Biyagama). • Silver/Merit: MAS Fabrics Intimo Division (Thulhiriya) & Noyon Lanka (Biyagama). • The achievement reinforces MAS’s sustainability efforts under its broader "Plan for Change 2030" strategy, supporting Sri Lanka's shift towards resource efficiency and a responsible manufacturing ecosystem.
♻️ EU-Funded 'PLASTICS' Project Boosts Western Province Sustainability
• The "PLASTICS" project, a four-year initiative launched in 2022, is funded by the European Union. • Its core objective is to promote sustainable industry practices, focusing implementation in the Western Province. • Key collaborative partners for the project include the Industry Service Bureau, Acted Sri Lanka, Biodiversity Sri Lanka, Stenum Asia, and TeRi.
📈 Singer Unveils ESG Roadmap 2030: "Progress Through Purpose"
Singer (Sri Lanka) PLC (Hayleys Group) has launched its comprehensive Environmental, Social, and Governance (ESG) Roadmap 2030, themed "Progress Through Purpose." • The initiative aims to integrate sustainability across all business operations, aligning with the Hayleys Lifecode, UN Sustainable Development Goals (SDGs), and global frameworks (GRI Standards, SLFRS S1 & S2). • Key Objectives & Pillars: The roadmap is guided by four core pillars: • Energy Purpose: Focus on reducing greenhouse gas (GHG) emissions and enhancing energy efficiency through renewable initiatives like solar power integration. • Environment Purpose: Strengthening circularity, implementing waste reduction, sustainable packaging, and introducing nationwide e-waste collection via 400+ retail outlets. • Humanity Purpose: Boosting community engagement, expanding CSR, and promoting inclusivity to uplift lives. • Winning Purpose: Emphasizing employee wellbeing, strong governance, ethical conduct, and transparency. • The company is committed to empowering Sri Lankan households with sustainable choices and contributing meaningfully to national climate and development goals by 2030.
PickMe's 'Nena Pahana' Boosts Driver Families' Education 🎓
• PickMe, a leading digital mobility platform, held its ninth consecutive 'Nena Pahana' event, aiming to foster belonging and recognise the families of its independent micro-entrepreneur drivers in the platform economy. • 2025 Impact: Over 650 school-going children of drivers were supported with vouchers for school supplies. Ten top G.C.E. A/L students who secured university admission also received laptops. • Financial Commitment: Rs. 9 Mn was allocated for the initiative this year. PickMe has invested over Rs. 29 Mn in 'Nena Pahana' since its inception in 2018, benefiting over 4,800 students in total. • Eligibility & Scope: Support is tied to driver excellence (Gold/Platinum tiers in Loyalty Ranking) and academic achievement (e.g., Grade 5 Scholarship, O/L 9 A's, university admission). • Wider Support: This is part of a comprehensive program for driver-partners, which also facilitates a Rs. 3 Mn personal accident insurance cover (critical illness, hospitalisation, etc.) in partnership with Co-Operative Insurance Company PLC.
Govt. Launches Pipeline Irrigation Pilots to Combat Drought 💧🌾
• The Cabinet has approved four pilot pipeline irrigation projects in the North Western & Uva provinces to modernise agriculture and enhance climate resilience in drought-prone dry zones. • Objective: To replace traditional open irrigation channels with a pipeline distribution system to significantly reduce water wastage, improve crop yields, and minimise crop losses due to drought and intense rains. • Scope: The pilots will cover a total agricultural area of 877 hectares, testing three distinct pipeline irrigation models. • Funding Breakdown: • Total investment is US$ 4.98 Mn. • US$ 3.3 Mn grant from the Japan Fund for Prosperous and Resilient Asia and the Pacific (JFPR), channelled via ADB. • US$ 1.68 Mn contribution from the Government of Sri Lanka (GoSL). • The initiative also aims to encourage small landowners to cultivate higher-value food crops and increase female participation in the agricultural sector.
📈 Prof. Kotler Unveils New Values-Driven 6Ps Marketing Framework
• The Father of Modern Marketing, Prof. Philip Kotler, outlined a fresh, values-driven 6Ps framework during a discussion with Sri Lankan veteran marketer Denzil Perera. This evolution shifts marketing beyond commercial tactics to a broader human, social, and planetary context. • The new model is designed to help organizations be responsible, relevant, and future-fit, aligning with sustainability and stakeholder capitalism. • The six core, interconnected Ps are: 1. Purpose: The foundational "why" beyond profit; a strategic engine to align employees and attract conscious consumers. 2. People: Prioritizing internal culture and employee experience, alongside customers and communities. 3. Partnerships: Emphasizing collaboration (co-petition) for innovation and market access, deemed highly powerful for emerging markets like Sri Lanka. 4. Peace: Ensuring non-toxic culture internally, marketplace stability, and reducing customer anxiety/friction. 5. Planet: Mandating sustainability by design, responsible sourcing, and addressing environmental externalities (pollution, waste). 6. Prosperity: Shared, sustained prosperity for all stakeholders, moving beyond narrow shareholder 'Profit'. • The framework's core message: Do well, but do good first, making it applicable to businesses globally, including developing markets and public institutions.
Allianz Lanka boosts biodiversity conservation 🌳
• Allianz Insurance Lanka has partnered with the Wildlife and Nature Protection Society (WNPS) to support its Preserving Land and Nature (PLANT) initiative. • Crucial Mechanism: Allianz will contribute funds for reforestation and habitat restoration for every Motor and Travel Insurance policy sold from October 30, 2025, onwards. • The PLANT initiative, a flagship WNPS project, focuses on building forest corridors, ecosystem restoration, and promoting biodiversity and climate resilience. • Scope: The project currently operates across 33 locations, home to over 1,250 species (including 125 endangered ones), and is actively creating over 25 km of forest corridors. • This initiative aligns with Allianz Group’s global ESG strategy to achieve net-zero emissions by 2050, emphasizing environmental stewardship and sustainable development.
🚨 SL Sports Governance Reform: Prof. Dickson Urges Cultural Shift
• The National Olympic Council of Sri Lanka (NOCSL) hosted a seminar on 'Strengthening Good Governance in Sri Lanka Sports Organisations'. • Key Speaker: Prof. Geoffrey Dickson from La Trobe University, Australia, addressing sports leaders and Ministry officials. • Core Focus: Discussing integrity, accountability, and the urgent need for governance reform in the sector. • NOCSL highlighted the necessity to rebuild structures to restore crucial international confidence and funding. • Prof. Dickson stressed that successful reform requires a deep cultural transformation within sporting bodies, going beyond just regulations. • Key Takeaway: While governance provides the rules, organisational culture gives those rules life and ultimately determines success. • This initiative reinforces NOCSL’s ongoing commitment to promoting integrity and ethical leadership across the Sri Lankan sporting landscape.
BOC Plans Rs. 10 Bn Sustainability Bond Issue to Boost Capital 📈
• Bank of Ceylon (BOC) is set to issue up to Rs. 10 billion in Basel III-compliant, Tier 2, unsecured, subordinated, redeemable 5-year Sustainability Bonds with non-viability write-down features. • The initial issuance aims to raise Rs. 10 Bn (100 million bonds at Rs. 100 each). • Upsize Potential: Due to potential oversubscription, the total potential issuance could reach Rs. 20 billion across two tranches (Rs. 10 Bn initial + two Rs. 5 Bn optional tranches). • Key Objective: Proceeds will strengthen the bank's Tier 2 capital base and fund sustainability-linked financing activities. • The issuance is currently subject to obtaining all necessary regulatory approvals, including from the Central Bank of Sri Lanka (CBSL).
🇱🇰 Sri Lanka Achieves Global Recognition for Responsible Tourism Excellence 🏆
Sri Lanka has secured three major accolades at the prestigious Global Responsible Tourism Awards 2025, held alongside the World Travel Market in London. The awards, now in their 20th year, highlight the country's growing commitment to sustainable and inclusive tourism. • Total Wins: Three Sri Lankan organisations/initiatives were recognised among 30 global changemakers. • Key Winners & Categories: • Heritance Kandalama Hotel: Silver Award for Climate Adaptation and Resilience. Recognised for its long-term, integrated regenerative tourism model. • Jetwing Vil Uyana: Finalist Award for Nature Positive. Commended for transforming degraded land into a biodiverse wetland supporting over 300 species. • Heel Oya Community Based Tourism (CBT) Village: Finalist Award for All-Inclusive Tourism. Praised for immersive, community-based packages integrating local gastronomy, trekking, and traditional agriculture. • National Impact: This recognition brings valuable international visibility, strengthening Sri Lanka's reputation as a sustainable and inclusive travel destination on the global map.
📈 The Cost of Silence: Cyberbullying, Systemic Norms, and Mental Health Dialogue
• The tragic passing of American chess grandmaster Daniel Naroditsky has initiated a critical dialogue on relentless online abuse (unfounded cheating accusations) and the societal normalization of silence in the face of harassment. • Systemic Flaw: The article argues that silence often appears as the most rational response across online platforms, universities, and workplaces. This is due to the high personal and professional costs of speaking up, such as reputational damage and social exclusion, which are unevenly distributed. • Cultural Pressures: Environments often reward emotional restraint and "toughening up," while vulnerability or mental health struggles are implicitly judged or treated as an indulgence to be managed privately. • Regional Context: In settings like South Asian universities, pressures are intensified where deference, seniority, and institutional loyalty govern what individuals feel they can express, making quiet endurance a strategy for self-preservation and advancement. • Collective Responsibility: The focus must shift from individual toughness to structural reform. Authorities must alter the perceived cost of seeking support by ensuring that an acknowledgment of difficulty will not result in informal penalties, establishing a clear distinction between legitimate critique and personal degradation.
📈 Hayleys Fentons Unveils ‘The Green Blueprint’ ESG Roadmap 2030
• Hayleys Fentons Limited, a leading Solar EPC and MEP contractor, launched its detailed ‘The Green Blueprint – ESG Roadmap 2030’ in September, aligning its long-term business strategy with environmental stewardship and social impact. • This marks the company as Sri Lanka's first Solar EPC and MEP contractor to publish a comprehensive ESG roadmap with specific 2030 targets, guided by the Hayleys Lifecode and UN Sustainable Development Goals (UNSDGs). • The framework centers on four pillars: Earth Stewardship, People-Centric Partnerships, Quality and Credibility, and Good Governance. • Key 2030 Targets: • Target 70% clean energy use across its operations. • Achieve Zero Waste to Landfill by strengthening circular economy practices. • Enhance biodiversity initiatives, including mangrove restoration. • Deepen ESG governance through alignment with international standards (GRI, ISO 14064, SLFRS S1/S2). • Accelerate employee development and Diversity, Equity, and Inclusion (DEI) initiatives. • The company currently boasts key achievements like installing over 500 MW of Solar PV capacity across Sri Lanka and diverting 99.98% of waste to the circular economy. • The roadmap is designed to embed sustainability into the operational fabric and strategy, driving long-term value and resilience.
📈 KALBE Launches 'Test for Them' for World Diabetes Day 2025
• KALBE Sri Lanka has launched the ‘Test for Them’ nationwide diabetes awareness initiative, focusing on early detection and prevention for World Diabetes Day 2025. • The campaign addresses a critical national health issue: over 4.2 million Sri Lankans are affected by diabetes, with an estimated 40% being undiagnosed. • Initial Screening Phase (Nov 14-30): Free random glucose testing is offered on a walk-in basis at 42 Cargills Food City outlets across the Western Province (the region with the highest diabetes prevalence). • Target Goals: The program aims to screen over 12,000 individuals in November, setting the foundation for a goal of 100,000 screenings over the next 12 months. • Screenings are available for individuals aged 18 and above and include educational materials and Diabetasol sample kits. The initiative collaborates with the Seeni.lk trilingual online health platform.
📈 SL Boards: Shifting from Survival to Sustainability Governance
The global conversation on sustainability is moving from mere compliance to strategic governance, demanding greater board accountability and competency. • New Era of Governance: The introduction of IFRS S1 and S2 signals that sustainability is now linked directly to financial governance and board accountability, positioning it as a path to resilience and shared value for Sri Lankan companies. • Competency & Accountability: • Competency must be demonstrable—not self-declared—to properly oversee risks like climate resilience, fair work, and resource efficiency. Accountability without competency is fragile. • Accountability must be cascaded through the organisation using measurable, tangible KPIs. Boards should prioritize leading indicators (e.g., project completion) that measure execution over purely outcome-based metrics. • Strategic Integration: Sustainability must be embedded into Enterprise Risk Management (ERM) to holistically assess exposure and capitalize on transition opportunities. • SL Context & Way Forward: • Sri Lankan boards must shift their focus from survival to deeply integrating sustainability into growth strategies, risk frameworks, and performance measurement (Anushka Wijesinha). • The entire board must understand double materiality, balancing financial impact (IFRS) with societal/environmental impact (GRI) for long-term credibility. • Linking remuneration to verified sustainability metrics, though currently limited in Sri Lanka, is a powerful lever to signal shared performance responsibility.
📈 US$5.8 Mn Kunming Fund Boosts SL Biosecurity & Agrifood Systems
• The Food and Agriculture Organisation (FAO) has helped seven developing countries, including Sri Lanka, secure a total of US$ 5.8 million in financing from the Kunming Biodiversity Fund (KBF). • The funding aims to integrate biodiversity into agrifood systems and drive action under the Kunming-Montreal Global Biodiversity Framework (KMGBF). • Sri Lanka's specific project is focused on the "Prevention and control of invasive alien species for enhanced biosecurity". • Key activities for the Sri Lankan initiative include: strengthening national capacity, improving border controls, training frontline teams, and engaging communities in removal efforts and awareness campaigns. • Other recipient countries include Madagascar, Uganda, Mexico, Cook Islands, Nepal, and Türkiye, with projects targeting sustainable agriculture, ecosystem protection, and knowledge management. • The KBF, launched by China in 2021, is instrumental in helping developing countries achieve global biodiversity goals through sustainable agriculture.
🇱🇰 Hirdaramani Redefines Responsible Manufacturing with 'Future First' Strategy 🌿
• Hirdaramani Group's 'Future First' Sustainability Roadmap, built on four core pillars (Conserve Environment, Empower Associates, Support Communities, Trust in Good Choices), is driving its operations across Apparel, Renewable Energy, and other sectors. • The commitment to aligning business success with environmental and social responsibility was highly recognised at the 2025 Presidential Environment Awards, Sri Lanka's highest honour for environmental excellence. • Four of the Group's facilities in the Apparel Industries and Textile Processing categories received top honours: • Gold Award: Hirdaramani Kahathuduwa (LEED Platinum, 100% Renewable Energy via solar/biomass). • Silver Award: Hirdaramani Ja-Ela (Washing) (ZDHC Supplier-to-Zero, initiated wetland restoration). • Bronze Award: Hirdaramani Kuruwita (LEED Platinum). • Merit Award: Hirdaramani Seethawaka. • Demonstrating global climate leadership, Hirdaramani achieved the first Net-Zero target approval by a Sri Lankan organization in 2024 under the Science Based Targets initiative (SBTi). • This purpose-led progress, shaped by integrity and innovation, involves the collective effort of over 55,000+ employees globally.
📈 SDF Rings CSE Bell for Landmark Sustainable Bond
• Sarvodaya Development Finance PLC (SDF) celebrated the issuance of Sri Lanka's first combined High-Yield Sustainable Bond by ringing the market opening bell at the Colombo Stock Exchange (CSE). • The Tier 2, rated bond was highly successful, being oversubscribed within hours of its listing on October 8, 2025. • SDF aimed to raise a total of Rs. 2 Billion through the bond, which reinforces the organisation's commitment to ethical finance and social empowerment through the capital market. • Proceeds will strengthen SDF's Tier 2 capital base and support the expansion of its sustainable and inclusive financing initiatives focused on social and environmental impact goals. • Key areas targeted for funding include Women’s Empowerment, Community Empowerment, and financing Sustainable Agriculture and rural development, in line with the Sarvodaya Movement's 'Grama Swaraj' vision.
💡 US$ 30 Million IFC Loan Approved for Sustainable Energy
• Cabinet has approved a US$ 30 Million loan from the International Finance Corporation (IFC) of the World Bank Group. • The financing is dedicated to the "Secure, Bearable and Sustainable Energy Project." • Key objectives include advancing Sri Lanka’s energy security and accelerating the clean power transition. • Funds will be channeled to the Ceylon Electricity Board (CEB) or its affiliated entities as a sub-loan for project implementation. • The funding is expected to support crucial improvements in power system reliability, affordability, and sustainability. • Loan term negotiations with the IFC are currently underway, ensuring compliance with prudent Public Debt Management Office recommendations.
📰 People's Bank Boosts Financial Inclusion at FinLit Expo Galle 2025
• People's Bank actively participated in the FinLit Expo Galle 2025, organized by the Central Bank of Sri Lanka (CBSL), to reaffirm its commitment to advancing financial literacy and inclusion nationwide. • The Bank engaged with the public, offering valuable insights on key areas like digital banking, investment strategies, and smart money management. • Innovative digital solutions were showcased to simplify financial transactions and enhance customer convenience. • This initiative strengthens People's Bank's role in championing digital empowerment and sustainable banking practices, thereby supporting the country’s economic progress.
💡 SL Women in Tech Push for AI Inclusion & Digital Leadership
• The Women in Tech – Chapter Reignite event marked the relaunch of the Sri Lankan Chapter, calling for greater inclusion and leadership opportunities for women in the country’s tech and AI space. • Digital Economy Context: The discussion comes as Sri Lanka's digital economy is gaining momentum, with the government aiming for growth from US$ 3 Billion to US$ 12 Billion by 2030. • Key Challenge: While a significant share of graduates are women in science/engineering, far fewer pursue IT/Technology, representing a gap and "lost potential" for innovation in the ICT/BPM sector. • AI Imperative: Speakers emphasized that everyone must embrace AI for business relevance and innovation, stressing that the journey of AI adoption must be fully inclusive ("no one should be left behind"). • Strategic Focus: Crucial need for a clear national strategy to position Sri Lanka in the global AI race, urging a shift from discussion to rapid implementation. • Inclusion & Localization: Beyond strengthening the women's pipeline, there is a strong need for localization in AI. This means ensuring local voices are heard and incorporating Sri Lankan culture, heritage, and sufficient data sets into AI tools. • Women are urged to actively engage with AI, continuously self-learn, and seize equal opportunity to elevate their roles from participants to leaders and decision-makers in the new era.
🇱🇰 Minor Hotels Expands 'Dollars for Deeds' CSR, Partners Ayati Trust
• Minor Hotels, a major global hospitality chain, has formally launched its signature Corporate Social Responsibility (CSR) initiative, 'Dollars for Deeds,' in Sri Lanka through a partnership with the Ayati Trust. • The collaboration is aimed at supporting children with disabilities, ensuring they receive equal access to education, healthcare, and social participation. • Initial Contribution: The Group marked the formal partnership by donating Rs. 5 million to the Ayati Trust and signing a Memorandum of Understanding (MoU). • ‘Dollars for Deeds’ Structure: Guests are invited to voluntarily contribute $1 per night, which the hotel subsequently matches dollar-for-dollar to multiply the positive social outcome. • Ayati Trust, the national centre providing crucial diagnostic, therapeutic, and educational services free of charge to over 14,000 registered children, noted the timely support helps address significant running costs. • Minor Hotels stated the move aligns with their vision to extend hospitality beyond the guest experience to generate a lasting, positive influence on the communities they serve.
🏆 Elephant House Super Heroes S3 Crowns Youth Innovation Champions
The Grand Finale of Elephant House Super Heroes Season 3, a national youth empowerment initiative backed by the Ministry of Education, was held on October 18, 2025. • Scale & Impact: Over 135 schools islandwide competed in the program, which focuses on developing practical, real-world skills from concept phase to market commercialization. • Categories & Winners: Students showcased ingenuity across three key sectors: • Super Chef: Pallekanugala Kanishta Vidyalaya • Super Harvester (sustainability/agriculture): Bandaragama Central College • Super Entrepreneur (business/innovation): Thambuttegama Central College • Development Focus: The initiative successfully nurtured leadership, skill development, and purpose-driven growth, reflecting a national push to move education beyond the classroom to build future leaders and professionals. • Mentorship: The program included hands-on training, product pitching, and exposure through site visits to John Keells Research Labs and Cinnamon Hospitality Academy.
Sri Lanka Pioneers Global Sustainability Reporting with New SLFRS S1 & S2 Framework 📈
• The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has launched a "Preparers’ Guide to SLFRS S1 and S2" and a course to implement new sustainability reporting standards across the country. • This decisive action positions Sri Lanka as one of the first jurisdictions globally, and among the first in South Asia, to formally adopt and implement the International Sustainability Standards Board (ISSB) standards. • The new framework (SLFRS S1 & S2) mandates that companies disclose how Environmental, Social, and Governance (ESG) factors impact their financial performance and future prospects. • This strategic adoption is designed to attract sustainable investment and bolster long-term economic resilience by signaling a robust national commitment to transparent and reliable reporting to international markets. • CA Sri Lanka, as the sole standard-setting body, is providing a Sri Lanka-centric resource guide and a "Certified Sustainability Reporting and Strategy Adviser Course" to ensure effective and expert-led implementation.
🏆 Dialog President's Gold Cup 2025 Volleyball Champions Crowned! 🏐
• The finals on November 1st at Sugathadasa Indoor Stadium celebrated the two-decade-long partnership between Dialog Axiata PLC and Volleyball, Sri Lanka's national sport. • Men's Champions: Debagama Rantharu Sports Club clinched the title, winning a pulsating five-set final (3-2) against Ruwanwella Rajasinghe Sports Club (25–18, 26–24, 21–25, 21–25, 15–13). • The final underscored the strong talent pool in Sabaragamuwa Province, where both finalists originated. • Most Outstanding Male Player: S.R.J. Dissanayake (Rantharu). • Women's Champions: Mahauswewa Rathanapala Sports Club secured the win, defeating Mahawa Wijayaba Sports Club with a 3-1 set victory (25–21, 25–17, 15–25, 25–23). • The performance of the youthful, school-aged Wijayaba team was highlighted for their composure. • Most Outstanding Female Player: Preethika Prabodhini (Mahauswewa). • Dialog Axiata PLC's commitment to local sport extends beyond Volleyball, encompassing sponsorship of national Cricket and Esports teams.
🌍 Selyn Foundation Spotlights SL's Climate-Conscious Menstrual Justice Fight Globally
• The Selyn Foundation was the only Sri Lankan representative invited to speak at the 3rd International Conference on Public Health and Nutrition (ICPHN 2025) in India. • Program Director Shanuki de Alwis presented the successful #BleedGood Initiative, showcasing Sri Lanka's evidence-based efforts to achieve "climate-conscious menstrual justice." • The presentation, 'Adolescents, Access and Awakenings,' detailed the initiative's unique multi-stakeholder approach, which combines Femme-Care reusable menstrual products with vital education and awareness. • Key outcomes highlighted include significant, sustainable positive impact by reducing environmental harm, lowering long-term costs, and improving adolescent health and psychosocial outcomes (e.g., school attendance) compared to single-use disposables. • The model emphasizes fostering climate-conscious behavior, illustrating how reusable solutions offer a critical intersectional opportunity for public health and environmental action.
New Polythene Bag Levy Sparks Debate on 'Eco-Economy' 📈
Effective 1 November 2025, Sri Lankan consumers are now subject to a levy of Rs. 3–5 for a simple polythene bag. The new charge, intended to discourage use, has drawn criticism for creating a new business model where "eco" becomes an economy. • The core issue raised is the transfer of value: bags costing cents to produce are sold to consumers for Rs. 3–5, with retailers and intermediaries pocketing the margin, potentially acting as an unaudited penalty on ordinary life. • The article argues that alternatives often involve a higher hidden cost. Products in perceived "eco" materials (e.g., glass) are priced significantly higher (e.g., same juice in glass at Rs. 400+ vs. PET at Rs. 180), and materials like paper can be more water/energy-intensive to produce than lightweight polythene. • True sustainability, it suggests, requires a system-focused approach over product bans. The recommendation is to re-engineer collection, segregation, and cycling systems for the most efficient materials. • A key proposal is to transparently ring-fence the collected bag levy funds specifically for audited waste management and recycling infrastructure upgrades, rather than allowing it to be treated as a quiet retail markup.
Heritance Hotels Graduates Inaugural 'Heritance Rise' Management Batch 🎓
Heritance Hotels and Resorts marked a major milestone by celebrating the graduation of the inaugural batch of its flagship management trainee programme, Heritance Rise. • Objective: The 18-month programme is central to the company’s vision to strengthen the human capital of the tourism sector and bridge the talent gap in Sri Lanka’s hospitality industry. • Graduates & Roles: Six exceptional trainees completed the intensive three-phase course, qualifying them to assume an Assistant Head of Department role within the organisation. • Key Programme Structure: The 'Heritance Rise' curriculum is comprehensive, integrating operational, cross-functional, and corporate learning. • A key component included providing International Exposure at an Aitken Spence property in India, Maldives, or Oman, followed by a final six-month deep dive into a management role. • Commitment: Ms. Stasshani Jayawardena, Chairperson of Aitken Spence Hotel Holdings PLC, highlighted that the programme represents the company's commitment to shaping the future of hospitality through structured talent development and nurturing skilled, forward-thinking professionals.
Private Sector Backs Northern Economic Revival 📈
• East India Holdings (parent company of International Distillers Ltd. - IDL) has partnered with The Management Club to officially support the Northern Economic Summit 2026, scheduled for January in Jaffna. • IDL CEO Janek Jayasekara stated the commitment goes beyond sponsorship, reflecting a philosophy that views development in the Northern Province not as a regional concern, but as a national imperative for balanced progress. • The region is highlighted as an area of high potential for trade, technology, and enterprise, citing established infrastructure like the KKS Port, Palaly Airport, and Yarl IT Hub. • The conglomerate is focused on establishing public-private partnerships to generate employment, empower youth, and support local entrepreneurs, especially women-led businesses and SMEs. • The initiative is framed as a "call to action" to connect local capabilities with global markets while ensuring growth remains inclusive and sustainable.
NSB Wins Global Award, Redefines Savings Culture for Sri Lanka 📈
• National Savings Bank (NSB), Sri Lanka’s premier savings institution, celebrated World Savings Day 2025 (Oct 31) under the global theme: "This Is Not a Savings Account." This marks a strategic shift, redefining savings as an active investment in life goals, not a passive deposit. • Global Recognition: NSB received the prestigious WSBI SDG Award for its exceptional contributions towards climate finance, consumer protection, digital transformation, and technological innovation, aligning it with leading global banks. • Strategic Focus: The bank is actively working to re-think thrift in the 21st century—moving from "reserve-keeping" to "opportunity-creation." This involves aligning savings plans with personal goals and collective values, such as supporting green home improvements. • National Impact & SDGs: NSB remains committed to financial inclusion and literacy across the country, leveraging its extensive branch and postal banking network. Initiatives like the Agro-Forestry programme and financial literacy schemes directly support multiple UN Sustainable Development Goals (SDGs 8, 9, 10, 13). • Leadership Message: The bank emphasizes that cultivating the discipline of saving is a strategic asset, strengthening both personal financial resilience and the economic foundation of the country.
National Eye Hospital Conducts Special Clinic for Journalists 👁️
• The National Eye Hospital, Colombo, recently held a special eye clinic aimed at journalists. • The initiative was themed: "Let’s Heal the Third Eye". • The clinic was led by Dr. Anil Jasinghe, who serves as the Secretary to the Ministry of Health and Mass Media.
People’s Bank Champions Financial Literacy at FinLit Expo 2025 🤝
• People’s Bank recently took part in the FinLit Expo 2025 (Financial Literacy & Inclusion Fair), organized by the Central Bank of Sri Lanka – Anuradhapura Regional Office. • The initiative aligns with the theme, "Empowering Lives Through Financial Literacy and Inclusion." • The Bank hosted an engaging interactive stall to promote financial literacy, inclusion, and digital banking. • Key engagement was with students, Government employees, and the public, offering practical insights into smart money management. • Visitors explored innovative digital banking solutions, emphasizing how technology can simplify everyday financial transactions. • This effort continues the Bank's commitment to fostering greater financial awareness and inclusion across communities in Sri Lanka.
📈 Kerala's Gender-Inclusive Tourism Blueprint: Lessons for Sri Lanka
• Kerala is setting a national benchmark for gender-responsive tourism via its Responsible Tourism (RT) Mission and new Gender-Inclusive Policy, aiming to make destinations safe and economically beneficial for women. • The initiative has already engaged over 17,000 women as entrepreneurs, guides, and homestay owners since 2022. Future goals target the creation of 10,000 women-led ventures and 30,000 jobs. • Empowerment is achieved through training, micro-enterprise grants, and gender/safety audits. Focus is on sustainable rural hubs (e.g., Maravanthuruthu STREET Project) and empowering women across the tourism value chain. • Sri Lankan officials, who participated in a familiarisation visit, lauded Kerala’s government commitment, allocated funds, and strong network of tourism societies/women's groups. • The recommendation for Sri Lanka is to prioritise promoting women's participation as employees in the formal tourism sector to bridge skills gaps and meet industry demands, requiring similar strategies to overcome social gender barriers.
📈 SL Faces US$ 7–10 Bn Annual SDG Funding Gap; First Impact Fund Launched
A new report by the Lanka Impact Investing Network (LIIN) highlights critical structural financing gaps needed to achieve Sustainable Development Goals (SDGs): • Investment Gap: An estimated annual investment demand of US$ 7–10 Bn is required for sustainable development. • Infrastructure: US$ 3–5 Bn annually. • Climate Finance: US$ 2–3 Bn annually. • Women-led enterprises: Face a US$ 695 M financing shortfall. • SME Constraint: SMEs, which contribute 52% to GDP, remain severely underfinanced. Access to credit is constrained by high interest rates (10–27%) and demanding collateral requirements. The number of active SMEs has declined from 1.3 M (2018) to 1.04 M (2024). • Banking Sector: Institutional lending for Environmental, Social, and Governance (ESG) portfolios by commercial banks is currently less than 2% of total lending. • New Initiative: LIIN is launching Sri Lanka's first Impact Enterprise Fund, initially capitalised at US$ 5 M, to specifically target the financing gaps for SMEs and startups. • Key Feature: The Fund includes a first-loss guarantee covering up to 20% of potential defaults, aimed at boosting investor confidence. • Target Sectors: Investments (US$ 50k–100k) will target agriculture, tourism, IT, healthcare, and apparel, with deployment expected by mid-2026. The Fund aims to serve as a prototype for future blended finance vehicles and accelerate the evolution of Sri Lanka's capital markets.
🍜 Michael Kors Commits US$ 2.7 Mn to Boost Sri Lanka's School Meals & Local Farmers
• Global fashion brand Michael Kors has contributed US$ 2.7 Mn to the UN World Food Programme (WFP) through its ‘Watch Hunger Stop’ campaign. • The funding will bolster Sri Lanka’s National School Meals Program via WFP’s Home-Grown School Feeding (HGSF) initiative over the next three years. • Key Impact: • Daily nutritious meals secured for 250,000 children. • Program expansion from 8 to 10 districts. • Direct support for 1,500 local farmers and caterers to supply fresh, local produce. • Sustainability & Infrastructure: 30 schools will receive upgrades, including the installation of solar-powered kitchens to reduce costs and promote sustainability. • The HGSF approach aims to strengthen local food systems, empower primarily women farmers and meal providers, and enhance national resilience against food insecurity.
🌳 BAM Holdings' CSR Plants 1,078 Trees to Honour Founder & Boost Carbon Sequestration
• BAM Holdings Ltd undertook a major CSR initiative, planting a total of 1,078 plants at the Maduru Oya Special Forces Camp to commemorate the 78th birth anniversary of its late founder, Mr. B. A. Mahipala. • The project was spearheaded by the CSR team of Thermo Plastics (Pvt) Ltd, a leading flexible packaging manufacturer under the Group. • Plant Composition: The effort included 1,000 Mee plants, 50 Ehela plants, and 28 fruit plants, continuing the founder's "Mother Earth is Our Sustenance" motto. • Strategic Goal: The initiative aims to enhance the local ecosystem's carbon sequestration capacity, with plans to develop it into an "insetting initiative" to compensate for the company's operational emissions.
Mental Cost of Living: Unfiltered Reality vs. Online Illusion 🤳🧠
• Constant comparison to curated, 'perfect' lives on social media (often filtered and edited) creates an invisible pressure to "perform happiness" and leads to self-judgment. • This feeling of inadequacy extends to public figures (CEOs, entrepreneurs), whose private struggles (e.g., burnout, family issues, mental health battles) are unseen behind the successful brand and glamorous lifestyle. • Psychologically, perpetual comparison activates the inner critic, fueling dissatisfaction, anxiety, depression, and low self-esteem. • Research shows frequent comparers are more prone to envy and resentment, stuck in a loop of "chasing but never arriving." • Key Takeaway: The article stresses that true self-worth comes from effort and sincerity, not applause or validation. Mental health is about building an authentic relationship with the true self, choosing peace over performance, and honesty over perfection. • Success has no universal timeline; value lies in how one shows up quietly, honestly, and courageously even when no one is watching.
🇱🇰 SACEP Opens Sustainable Regional HQ in Colombo, Backed by World Bank 📈
• The South Asia Co-operative Environment Program (SACEP) inaugurated its new regional headquarters in Colombo 05, reinforcing Sri Lanka’s role as the host and a strong advocate for the green economy and regional environmental collaboration. • The modern 1,610 sqm facility, funded partly by The World Bank under the Plastic Free Rivers and Seas for South Asia (PLEASE) Project, adheres to LEED gold certification standards for sustainability. • The building features solar panels that generate 20% of its total energy needs, alongside state-of-the-art meeting spaces for regional dialogue. • Prime Minister Dr. Harini Amarasuriya, the Chief Guest, highlighted the urgency of a collaborative, unified response to escalating environmental crises, especially plastic waste, marine litter, and pollution in the region. • SACEP unites 8 member nations (including India, Pakistan, Maldives) to collectively address critical issues such as climate change, biodiversity loss, waste management, and transboundary pollution. The new permanent base aims to strengthen environmental stewardship across South Asia.
📈 UNDP Urges SL to Unlock US$ 10+ Bn Private Finance for Climate Goals
The United Nations Development Programme (UNDP) has called on the Government to swiftly transition its climate ambitions into action by mobilising large-scale financing and strengthening public-private coordination, following the launch of the National Climate Finance Strategy. • Sri Lanka’s updated Nationally Determined Contributions (NDCs) reflect a higher level of ambition for emission reduction and adaptation efforts. • Financing Need: Mitigation efforts alone are estimated to require over US$ 10 Billion for the 2021-2030 period. The actual requirement is significantly higher due to new targets. • Risk of Inaction: The cost of inaction would be "unimaginable," especially for key economic sectors dependent on natural resources, such as agriculture, fisheries, and tourism. • The new Climate Finance Strategy provides a framework to align resources and signal investor readiness, integrating climate finance with wider development goals like jobs and resilience. • Stronger private sector participation is essential through regulatory reform and de-risking mechanisms. This follows a global trend where private climate finance exceeded US$ 1 Trillion in 2023, outpacing public investment. • Institutional coordination is critical, described as a "motherboard," to ensure aligned efforts, reduce duplication, and effectively attract necessary investment.
📈 SL Targets US$ 11.26 Bn via Green & Blue Bonds by 2030
• Sri Lanka plans to raise US$ 11.26 Bn through Sovereign Green and Blue Bonds by 2030, outlined in the National Climate Finance Strategy (NCFS) 2025-2030. • The goal is to finance climate-related projects and renewable energy expansion, supporting the country's 2050 carbon net-zero commitment. • The Finance Ministry has already drafted the framework, which has been reviewed by an international rating agency and will align with the IFC’s Green Bond Principles and global sustainable finance standards. • Investment will target crucial sectors including energy, water, agriculture, waste management, and biodiversity protection. • The Ministry is also exploring a Sustainability-Linked Bond Framework to strengthen investor trust and increase transparency on fund allocation and environmental outcomes. • Successful implementation is expected to enhance Sri Lanka’s sovereign credit profile, attract climate-focused international investment, and position the nation as a regional leader in sustainable finance.
Hayleys Plantations Accelerates Global Regen Agri Leadership 📈
• Key Partnership: Hayleys Plantations (KVPL, TTE PLC, HPL) signed a landmark MoU with Solidaridad Network Asia and its Sri Lankan partner Nucleus Foundation to advance regenerative agriculture and carbon insetting programmes. • Global Precedent: This initiative reinforces Sri Lanka's leading position, following KVPL’s Halgolla Estate becoming the world’s first tea estate to receive Regenagri® certification in 2024. • Strategic Expansion: All three companies will expand Regenagri® protocols across more estates, focusing on restoring soil health, enhancing biodiversity, and improving traceability. • Carbon Markets Access: The partnership will deploy carbon insetting programmes to generate verified Carbon Removal Units (CRUs), enabling access to global carbon markets. • Compliance & Positioning: These initiatives support data-led decision-making and ensure alignment with emerging global sustainability regulations, including the EU Deforestation Regulation (EUDR) and CSDDD, strengthening Sri Lanka’s standing as a sustainable sourcing destination for tea.
Mahindra Ideal Finance Targets US$ 13 Bn Credit Gap for Micro-Entrepreneurs 📈
• Mahindra Ideal Finance Ltd. (MIFL) is strengthening financial inclusion by providing tailored leasing and loan products to Sri Lanka’s underserved micro-entrepreneurs and self-employed workers. • The credit gap for the MSME and "earn and pay" customer segment, who often lack traditional financial documentation (payslips, fixed assets, CRIB history), stands at over US$ 13 Billion. • MIFL focuses specifically on individuals dependent on vehicles (three-wheelers, small trucks, motorbikes) for their income, adapting their products to be "serviceable by their earning patterns." • The three-wheeler sector alone involves over 1 million registered vehicles and supports an estimated 760,000 households and 2.8 million people. Data shows 98% of these drivers actively save through formal banks, yet access to credit remains limited. • The financing model aligns repayment cycles with daily cash flows, making vehicle ownership more accessible and providing a path toward long-term income retention and asset building.
🇱🇰 NCPC Sri Lanka Leads National Climate Accountability as Top GHG Verification Body 📈
• The National Cleaner Production Centre, Sri Lanka (NCPC) is now the country's leading Greenhouse Gas (GHG) verification body, ensuring organizations' GHG inventories meet global standards (ISO 14064-3:2019). • NCPC’s credibility is backed by formal SLAB accreditation (ISO 17029/14065) and recognition under the International Accreditation Forum’s Multilateral Recognition Arrangement (IAF-MLA). • Verification services cover diverse sectors including manufacturing, plantations, healthcare, hospitality, and transportation, helping businesses build trust and align with global climate goals. • Beyond organizational verification, the Centre offers specialized services for: • Project-Level Emissions/Removals (creating verified carbon credits). • Product Carbon Footprints. • Carbon Neutrality Claims (ISO 14068-1:2023). • NCPC is actively building capacity, supporting listed companies to adhere to the new Sri Lanka Financial Reporting Standard (SLFRS) S2 on sustainability disclosures and training climate professionals. • The Centre plays a vital national role, acting as the key technical service provider for Sri Lanka’s First Biennial Transparency Report (BTR1) to the UNFCCC in 2024 and the upcoming BTR2 in 2026.
🤝 Sri Lanka's Ecolabel Signs Tripartite Green Label MRA for Cement
• Ecolabel Sri Lanka (ELS) has signed a landmark Tripartite Mutual Recognition Agreement (MRA) with the Singapore Green Labelling Scheme (SGLS) and the Thai Green Label. • The agreement focuses on Harmonized Green Label Criteria for Cement Products, marking a significant step toward promoting sustainable construction in the Asia-Pacific region. • Signed on October 15, 2025, the MRA enables mutual recognition of certified cement products, ensuring consistent environmental performance standards. • Key Impact: The collaboration aims to enhance regional trade, reduce duplication in certification processes, and improve market access for environmentally preferable products. • This initiative positions Sri Lanka as an active contributor to regional sustainability leadership and advancing green markets.
Softlogic Life Redefines Corporate Reporting with AI-Powered Annual Report 🚀
• Softlogic Life has launched its 2024 Annual Report, "CHANGE MAKER," integrating cutting-edge AI features to transform traditional corporate reporting into a dynamic and interactive experience. • Key Innovations: New features include Customised AI Report access, which tailors content by language, length, and style for personalised stakeholder viewing. It also introduces gamification via AI-generated quizzes and leaderboards to boost engagement, particularly among youth. • Sustainability & Governance: The insurer implemented Sri Lanka Financial Reporting Standards (SLFRS) S1 and S2 (sustainability disclosures) with independent external assurance. Softlogic Life is pioneering the direct linkage of these sustainability disclosures with its financial statements, setting a new benchmark for integrated financial reporting. • Industry Recognition: The company achieved a Top 3 placement among Sri Lanka's leading corporates at the 59th CA TAGS Awards 2024 for the fourth consecutive year—the only stand-alone company to do so. It also secured the Bronze Award for Overall Excellence in Corporate Reporting plus six other accolades. • This tech-driven step reinforces Softlogic Life’s track record of industry firsts, which includes Sri Lanka’s first Video Annual Report (2017) and the first AI-enabled Annual Report Analyser (2024).
🌎 Sri Lanka's First Capital Achieves Global 'First' in Sustainable Finance 📈
• First Capital Holdings PLC (FCH), a subsidiary of Janashakthi Group, has become the world’s first investment institution to receive the Certificate of Acceptance to the Sustainability Standards & Certification Initiative (SSCI) by the European Organisation for Sustainable Development (EOSD). • The landmark recognition, conferred at the Annual Global Sustainable Finance Conference in Germany, validates FCH's deep commitment to embedding robust Environmental, Social, and Governance (ESG) principles at the core of its investment philosophy. • FCH's acceptance to the SSCI reinforces its status as a responsible leader in the global financial landscape and brings significant visibility to Sri Lanka's financial services sector. • MD/CEO Dilshan Wirasekara called the moment "transformative" for the broader South Asian financial sector and participated as a panelist at the conference to discuss the role of financial services in a fast-changing economic world.
📈 First Capital Leads SL's Capital Market with Global Climate Partnership
• First Capital Holdings PLC (a JXG subsidiary) has become the first capital markets institution in Sri Lanka to officially join the Partnership for Carbon Accounting Financials (PCAF). • PCAF is a global collaboration of over 600 financial institutions that provides a standardised framework for measuring and disclosing the Greenhouse Gas (GHG) emissions associated with financial activities ("financed emissions"). • This membership deepens FC's commitment to Environmental, Social and Governance (ESG) principles and responsible investing. • For the financial year 2024/25, FC reported operational emissions (Scope 1, 2, and 3) of 309.9 tCO₂e. Adopting the PCAF Standard now enables the firm to assess and report its financed emissions, providing a comprehensive climate impact picture. • The initiative aligns FC’s disclosures with both local (SLFRS S2) and global expectations, enhancing transparency and its ability to manage climate-related financial risks.
🚢 Global Shipping Decarbonisation Hits Snag: IMO Fails to Agree on Carbon Pricing
• The International Chamber of Shipping (ICS) expressed disappointment following the International Maritime Organization (IMO) MEPC Extraordinary Session, where member states failed to reach an agreement on the proposed Net-Zero Framework. • The failed framework aimed to establish the first global carbon pricing mechanism for any industrial sector, vital for the maritime industry's transition to net-zero emissions. • ICS Secretary General stated that industry requires regulatory clarity to make the significant investments needed for decarbonisation, in line with the IMO GHG strategy goals. • ICS reiterated its commitment to collaborate with the IMO, recognizing it as the most effective body for developing global regulations for this global industry. Lack of clarity impacts investment planning across the international shipping sector.
🤝 GPTW CXO Forum: Focus on Bridging Generational Gaps & Digital Fluency
• The Great Place To Work® Sri Lanka CXO Forum addressed "Unlocking Multigenerational Leadership Through Shared Values" and building a Digitally Fluent workforce. • GPTW Director/CEO Kshanika Ratnayaka emphasised that building cultures on shared values, trust, and inclusivity is vital for bridging generational gaps and thriving in the new world of work. • Keynote Mimi Nicklin highlighted empathy, inclusivity, and generational understanding as core drivers of collaboration, innovation, and trust. • Insights shared indicated that actively engaging young talent (under 35) through learning, recognition, and supportive leadership drives overall innovation and growth. • A CXO panel discussed strategies like implementing open-door policies, adapting employee tasks to unlock unique talents, fostering empathy, and leveraging AI for data-driven, multi-generational collaboration. • 15 organisations were celebrated as Best Workplaces for Young Talent for cultivating inspiring, inclusive environments that empower Gen Z and Millennials.
📈 MAS Holdings Launches Bold "Plan for Change 2030" for Ethical Apparel
• Sri Lankan apparel & textiles giant, MAS Holdings, unveiled its "Plan for Change 2030," positioning sustainability as a moral obligation and a blueprint for the global fashion industry. The strategy focuses on reinventing production with social equity and environmental restoration at its core. • Key 2030 Targets: • Product: Aim for 75% of company revenue to be generated from sustainable products. This drives Textile-to-Textile Circularity and development of 'Materials of the Future' (e.g., bio-based, organic cotton). • Planet: Target a 60% reduction in absolute greenhouse gas emissions across operations. Focus includes transition to renewable energy and achieving water-positive goals in high-stress regions. • Lives: Commitment to Fair Care Responsibility, advancing gender equity, ensuring employee well-being (including living wages), and building community climate resilience. • Economic & Sector Context: An ADB official noted that while Sri Lanka’s industrial growth has lagged (20% over the last two decades compared to Vietnam's >300%), sustainability must be the new driver for national growth. Scaling this transformation requires radical collaboration and public/private investment. • The plan emphasizes moving from simply reducing impact to actively regenerating supply chains, people, and the planet.
🇱🇰 Classic Destinations Pioneers Sustainable Tourism with GSTC Certification 🏆
• Classic Destinations (registered company of Classic Sri Lanka & Classic Wild) is Sri Lanka’s first Destination Management Company (DMC) to secure the Global Sustainable Tourism Council (GSTC) Certification. • GSTC Certification is the globally recognised benchmark for sustainable practices in the travel and tourism industry. • This achievement places the company among an elite international group committed to ethical operations, environmental stewardship, and community engagement. • Compliance was confirmed across all four GSTC key areas: sustainable management, socioeconomic benefits, cultural heritage protection, and environmental conservation. • The certification reinforces Sri Lanka’s position as a responsible, forward-thinking destination, aligning with growing global demand for eco-conscious travel experiences. • The comprehensive evaluation process was conducted by Control Union Certifications.