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Divolca invests Rs. 500 million in its re-branding and expansion drive

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Dhammika Samarawickrama

One of the leading electrical accessories manufacturers and exporters in Sri Lanka has been re-launched as ‘Divolca’ with a capital infusion of nearly Rs. 500 million.Micro Electric International (PVT) Ltd will also be re-launched as The ME Group with a significant structural change, new entrepreneurial culture to meet the new demands of the local and global market.

Chairman of ME Group Dhammika Samarawickrama said, ‘’I am very happy to announce the re-launch of Divolca operations and naming the group as The ME Group to form a new structure to serve the Sri Lankan economy in a more focused manner.”

He said that under the Rs. 500 million investments a significant portion was invested to open their first overseas factory in Mumbai India to bring FOREX back to Sri Lanka. We employ around 50 for this operation and are manufacturing around 50 products there with almost 90% value addition in India. India is a huge market and we are happy with the response we received so far from our dealer. Our aim is to get around 1% market share in two years in India.”

Samarawickrama said that they next aim to open their second overseas factory in Bangladesh.

Commenting on their local operations he said that they manufacture around 60 products locally with a value addition of nearly 40% in their factory in Colombo which continuously gains market share over its main competitors. These products have also gained SLS and ISO standards. We provide direct and indirect employment for nearly 700 staff.”

“We also hope to introduce new products for both local and export markets that are more energy efficient and with better safety features to meet the modern day needs. We are currently engaged in bringing more innovative products to Sri Lankan market with exports in mind.””

He said that they have over large local dealer network which mainly consists of Electrical shop owners and also Electricians and will also be appointing new distributors island wide.

“Under the new brand name, Divolca and The ME group will have a totally new journey with the coming financial year and our aim is to help the economy by bringing in more foreign exchange to the country via exports and via our overseas factories.”

The ME group also appointed.Kumari Samarawickrama and its new Deputy Chairman and its new Managing Director Shehan samarawickrama with two new directors, Udara Samarawickrama as Director of operations and Shenal Samarawickrama as the Director of Finance and Planning.

“In a bid to celebrate their success with its employees, the company provides school books and other accessories to children of their employees and in addition will be hosting “Divolca Employee” day on April 5.



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Private taxi operators at BIA call for speedy rental relief as tourist arrivals dwindle

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Tourists in SL: Dwindling numbers

Private taxi operators at Bandaranaike International Airport are calling for urgent rental relief, stating that they are struggling to sustain operations after paying nearly Rs. 19 million in monthly rental fees amid a sharp decline in tourist arrivals during the off-season.

The operators said tourist arrivals have dropped by nearly 80%, severely affecting their income and making it difficult to continue meeting high operational costs.

“Only a small number of tourists are now arriving at the airport, and a majority of them are being taken by metered taxi operators, who pay only around Rs. 700 per ride as fees to Airport and Aviation Services, an operator said.

According to the operators, the six long-standing private taxi service providers at the airport each pay monthly rentals ranging from approximately Rs. 2.9 million to Rs. 4 million. In addition, they are required to maintain a minimum a fleet of six vehicles along with dedicated airport staff.

“What we are requesting is a temporary reduction in monthly rental payments for around three to four months until tourist arrivals improve and the industry returns to normal, they said.

The operators noted that they have been operating at the airport for more than two decades, providing transport services to both local and international travelers, while metered taxi services entered the airport transport sector only about two years ago.

They also alleged that metered taxi operators have been granted more favourable operating conditions and questioned the process through which those operators were allowed to operate at the airport.

Operators argue that the present financial burden has become unsustainable, given the sharp drop in business volumes and what they describe as an uneven competitive environment within the airport transport system.

“What we are requesting is a 50% reduction in monthly rental fees for a period of at least three months, they said.

They also raised concerns about the quality and condition of some vehicles operated by metered taxi providers.

“Passengers are often unaware of the condition of some of these vehicles until they enter them, which can compromise safety standards, one operator claimed.

In contrast, the private airport taxi operators say they maintain newer vehicles and employ experienced, professionally trained drivers to ensure higher standards of passenger safety and service quality.

The operators warned that failure to address the issue could have wider economic and social consequences. The six service providers collectively employ around 250 staff, and continued financial pressure may lead to job losses and a reduction in organised airport transport services.

By Hiran H Senewiratne

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Refurbished AAC Call Box declared open

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The operation of Automobile Association of Ceylon(AAC) Call Boxes, in the past had provided yeoman service to many motorists including during the era of British planters. AAC services for members are a motoring security when they travel.

The Call Box in Nuwara Eliya was recently refurbished to provide a better and improved service to the Members in the area and the touring public. Now from this Call Box the motorists could get Road Side Assistance, Valuation Reports, Technical Advice and also issuance of International Driving Permits.

The refurbished Call Box at Nuwara Eliya was declared open by Dhammika Attygalle, President of the Association in the presence of S V Ganesh – Vice President, several Executive Committee members, Puthrasigamani, Life Member of the Association, Eng. C S Samarasekera of RDA- Nuwara Eliya, Devapriya Hettiarachchi, Secretary (AAC) and Eng. C L Liyanasuriya – Chief Engineer(AAC).

The services from the Nuwara Eliya Call Box are available from 8.00am to 5.00pm.

Call Technical Officer Sampath Madagama on 0767315696.

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Ceylon Chamber of Commerce to host Sri Lanka Climate Summit 2026

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From Risk to Opportunity: Mainstreaming Climate Action into Sri Lanka’s Growth Story

As climate rules tighten globally and investor expectations shift from commitment to compliance, climate action is now directly tied to trade, competitiveness, and access to finance. Against this backdrop, The Ceylon Chamber of Commerce will host the second edition of the Sri Lanka Climate Summit on 9 June 2026 at the Taj Samudra Hotel, convening policymakers, industry leaders, financiers, and technical experts to focus on pathways for integrating climate action into Sri Lanka’s growth story.

Held as a biennial platform, the Summit returns this year under the theme “From Risk to Opportunity: Mainstreaming Climate Action into Sri Lanka’s Growth Story.” While the inaugural edition in 2024 focused on building awareness and advocacy, the 2026 Summit shifts the conversation toward implementation, technical readiness, and compliance as climate-related obligations begin to directly influence access to markets, finance, and investment.

Rather than treating sustainability as a standalone agenda, this year’s discussions will explore how climate considerations are becoming embedded across core areas of business and economic decision-making, from infrastructure and trade to finance, governance, digitalisation, agriculture, and supply chains.

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