Business
Project to create and retain jobs for 12,000 women in SL
A two-year partnership, known as SheWorks Sri Lanka, has led to a 12 percent increase in the number of women employed by 15 of the country’s leading companies, equating to over 12,000 more women in the workforce.
Initiated by Women in Work, a partnership between IFC—a member of the World Bank Group—and the Australian government, SheWorks Sri Lanka aimed to create more equal and respectful workplaces for women and men in the country’s workforce, while also boosting business productivity and growth.
Launched in March 2018, the partnership has seen the SheWorks companies implement 97 gender-smart actions focused on increasing women’s business leadership, ensuring recruitment and retention of female talent, exploring employer-supported childcare, promoting anti-sexual harassment mechanisms, and supporting women in the supply chain.
The partnership also led to a one-third increase in the number of women board directors in the SheWorks companies as well as a 21 percent rise in the number of women in leadership roles. Six companies saw an 8 to 60 percent increase in the share of women in middle management.
“For growth to be truly inclusive, strengthening opportunities for women in the workforce is a must and the SheWorks companies have shown how advancing workplace equality also improves business outcomes.” said Amena Arif, IFC Country Manager for Sri Lanka and Maldives. “We look forward to seeing other Sri Lankan companies step up and embrace the gender equality agenda in the workplace.”
Women’s participation in Sri Lanka’s labor force remains low at 34 percent, less than half that of men. Further, women in the 20-40 age group are the most disadvantaged, securing only 30 percent of jobs in the private sector, reflecting women’s increased care responsibilities that are associated with marriage and childbearing and other entrenched social norms. Against this backdrop, it is essential that companies create an environment where both men and women can thrive at work.
“SheWorks has delivered significant ‘gender shifts’ in Sri Lanka’s workforce that have ultimately improved the corporate bottom line. More companies are providing opportunities for women in non-traditional roles and male-dominated sectors, including in corporate leadership,” said David Holly, Australian High Commissioner to Sri Lanka. “These companies set an example for others to follow in promoting greater gender equality across the country.”
Representing over 170,000 employees, the 15 companies spread across Sri Lanka’s priority industries such as garments and apparel, tourism, information technology, banking and finance and conglomerates. SheWorks Sri Lanka members include AIA Insurance Lanka Ltd, Brandix Apparel Limited, CBL Group, DIMO, Fairway Holdings, Hela Clothing, Hemas Holdings PLC, Jetwing, John Keells Holdings, London Stock Exchange Group, MAS Holdings, National Development Bank, SANASA Development Bank, South Asia Gateway Terminals, and Standard Chartered Bank.
An IFC publication ‘Sri Lankan Business Advance Gender Equality’ provides in-depth information on the impact and business results of the SheWorks Sri Lanka partnership—from March 2018 to December 2019.
Business
AAC looks towards a future of vertical mobility in Sri Lanka
The Automobile Association of Ceylon (AAC) is looking beyond the traditional boundaries of mobility and road safety toward the future of mobility through sustainable developments in vertical mobility applications under the global guidance of the Fédération Internationale de l’Automobile (FIA).
AAC President Mr. Dhammika Attygalle believes AAC has the potential to contribute sustainable and proven systems, regulatory understanding, and international mobility frameworks toward developing Sri Lanka’s future mobility landscape while supporting the country’s broader economic development.
Representing Sri Lanka at the recent FIA Regional Drone and Vertical Mobility initiative held in Nepal was AAC Executive Committee Board Member Indula Sumithraarachchi, who participated alongside regional delegates and international mobility experts discussing the applications of vertical mobility systems and evolving regulatory frameworks covering mobility integration, safety, aviation and legal regulations.
“As mobility technologies evolve globally, we see vertical mobility as a natural extension of future mobility ecosystems. We believe vertical mobility is connected to sustainable areas not limited to future urban mobility, transport and logistics, infrastructure integration, safety frameworks, disaster and emergency response, and environmental efficiency,” he stated.
Drones are already being commercially utilized in Sri Lanka for dronegraphy (photography and videography using drones), agriculture, surveying and mapping, events, and marketing. However, it is important that greater attention is given toward safety standards, operational protocols, and aviation regulations, licensing, approvals and career professionalism as drone pilots within Sri Lanka in order to make these technologies safer and more accessible to the public.
International mobility experts increasingly recognize drones as part of a wider vertical mobility ecosystem operating alongside aviation and respective local regulatory frameworks. Experts explain that drone systems are helping countries establish regulatory structures, safety standards, technical expertise, aerial management systems, and operational frameworks that may eventually support broader future mobility technologies.
For AAC, the relationship between drones and vertical mobility represents a wider future mobility framework involving how people, services, safety, infrastructure, information, and transport systems may operate in more connected, intelligent, and efficient ways beyond conventional road-based transportation.
For decades, AAC has played an important role in Sri Lanka’s mobility sector through road safety advocacy, motoring assistance, tourism support services, driver awareness initiatives, and public mobility education. The association has continuously contributed toward improving safe mobility practices for Sri Lankan road users and motorists.
AAC now aims to position Sri Lanka within these evolving international mobility conversations while ensuring that future mobility development remains safe, responsible, and aligned with international standards.
The association also believes collaboration between regulators, aviation authorities, educational institutions, private sector innovators, and international mobility organizations will become increasingly important as future mobility ecosystems continue to develop globally.
Through FIA-supported international engagement and regional collaboration, AAC hopes to contribute toward building awareness and understanding of future mobility opportunities while ensuring Sri Lanka remains connected to emerging global transportation developments.
As mobility increasingly moves toward smarter, interconnected, and technology-driven systems worldwide, AAC’s initiatives into vertical mobility reflect its broader vision of supporting safe, progressive, and future-ready mobility solutions for Sri Lanka and future generations.
Business
Vietjet Air announces Colombo – Ho Chi Minh City route
Vietjet Air, Vietnamese new-age hybrid airline, has announced its first direct service connecting Colombo to Ho Chi Minh City at the Sri Lanka – Vietnam Trade, Investment and Tourism Cooperation Forum. The announcement took place in the presence of General Secretary and President of Vietnam To Lam, Prime Minister of Sri Lanka Harini Amarasuriya, and senior officials from both countries.
This is the airline’s first direct service between Sri Lanka and Vietnam, supporting the airline’s international expansion while contributing to stronger economic, trade, tourism, and people-to-people ties between the two nations.
The Colombo – Ho Chi Minh City route is expected to commence in August 2026 with four round-trip flights per week. Travelers from Colombo will soon enjoy affordable fares and seamless connectivity to Vietnam’s leading tourism and business hubs, along with convenient access through Vietjet’s extensive international flight network to major destinations across the Asia-Pacific region, including Australia, Japan, South Korea, China, and beyond.
Business
SDB bank and Hayleys Mobility forge strategic partnership to advance sustainable mobility and private vehicle leasing
SDB bank has entered into a strategic partnership with Hayleys Mobility Limited through the signing of a Memorandum of Understanding, reinforcing the bank’s commitment to expanding access to structured mobility financing while advancing its broader sustainability banking agenda. The collaboration brings together two established institutions to support customers seeking leasing solutions for private vehicles, with a notable emphasis on electric vehicles as part of a more future-focused approach to transportation.
The MoU was signed recently at the Hayleys Mobility office in Union Place, in the presence of senior representatives from both organizations. Representing SDB bank Kapila Ariyaratne, Executive Director and Chief Executive Officer, Manoj Akmeemana, Deputy Chief Executive Officer, Chitral De Silva, Chief Business Officer, Lahiru Ekanayake, Head of Leasing and Tharanga De Silva Chief Manager, Business Banking were participated. Hayleys Mobility Limited was represented by Managing Director Hasith Prematillake, Director Roshani Dharmaratne, Mr. Panduka Rathnayake – General Manager Finance, and Mr. Suraj Chularathne – Assistant General Manager.
The partnership is designed to expand access to private and sustainable leasing solutions across Sri Lanka, while also responding to growing interest in cleaner and more responsible mobility choices. By placing special focus on electric vehicle leasing, the initiative reflects SDB bank’s recognition of changing customer preferences and the importance of supporting more sustainable transport options through accessible financing.
In addition to supporting conventional private vehicle financing, the collaboration enables customers to benefit from a more integrated experience that brings together vehicle selection and financing under a single proposition. Through the combined reach of SDB bank and Hayleys Mobility, the partnership is expected to improve accessibility and convenience for customers across the country, including professionals, self-employed individuals, business owners and other private vehicle buyers looking for reliable, structured leasing solutions.
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