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IPS advocates stricter regulations for Alcohol Control in Sri Lanka at the “Policy Dialogue on Alcohol Control for a Healthier Sri Lanka”

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Recent statistics paint a stark picture of alcohol-related challenges facing Sri Lanka, with an alarming 83% of deaths attributed to non-communicable diseases (NCDs). Alcohol consumption emerges as a prominent risk factor for NCDs, exacerbating health costs and contributing to issues such as road accidents and domestic violence. Despite its perceived economic benefits, the economic toll of alcohol-related conditions surpasses any revenue generated. The World Health Organization (WHO) estimates that in 2015 alone, the economic cost of alcohol-related conditions amounted to a staggering USD 885.86 million, equivalent to 1.07% of Sri Lanka’s GDP for that year.

In light of these pressing concerns, the Institute of Policy Studies of Sri Lanka (IPS) recently hosted a “Policy Dialogue on Alcohol Control for a Healthier Sri Lanka”, at the Saman Kelegama Memorial Auditorium, IPS. The event aimed to advocate for evidence-based alcohol control policies, drawing from findings of the IPS’ “RESET Alcohol Initiative” programme, funded by RESET Alcohol – A Global Alcohol Policy Initiative which delves into critical aspects of alcohol policy, including pricing, taxation, and the broader political economy dynamics at play.

Dr Nisha Arunatilake, Director of Research at IPS, and Pubudu Sumansekara, Consultant for the Sri Lanka RESET Alcohol Initiative, explained the RESET Alcohol Initiative, which aims to change the disconnect between the public perception of alcohol as a social necessity, and its grave health consequences.

In his keynote speech, Dr Alan Ludovyke, Chairman of the National Alcohol and Tobacco Authority highlighted the health costs of alcohol consumption and the disproportionate burden of alcohol-related violence and health issues on vulnerable communities. He stressed the imperative for collaborative efforts among the Government, think tanks, media, and civil society to address these challenges.

The dialogue featured three insightful panel discussions moderated by Dr Nisha Arunatilake, Dr Sajeeva Ranaweera, from the Sri Lanka Medical Association (SLMA) – Expert Committee on Tobacco and Illicit Drugs and Dr Alan Ludovyke, focusing on key aspects of alcohol policy, including price sensitivity of alcohol, revenue implications, and power dynamics of alcohol control. IPS Research Economist Ms Priyanka Jayawardena presented compelling evidence of the economic burden imposed by NCDs, where households spend 10% of their monthly budget on alcohol. She presented evidence that supports alcohol taxation as a cost-effective measure to reduce NCD risk factors, particularly among low-income groups. The progressive nature of alcohol taxation, where higher-income groups bear more tax burden, was underscored as a means to positively influence household economic and health benefits.

IPS Research Fellow Dr Lakmini Fernando highlighted the potential of increased excise duty rates to reduce alcohol consumption while generating government revenue, contributing to economic recovery. Challenges related to data availability for accurate modelling were acknowledged, emphasising the need for quality disaggregated data for informed policy decisions. Recommendations from the panel highlighted the importance of designing a medium-term alcohol tax policy that considers both revenue generation and health impacts, ensuring a balanced approach to alcohol control. IPS Research Economist Ms Sunimalee Madurawala discussed the intricate dynamics of industry interference in alcohol policy and proposed strategies to mitigate its adverse effects on public health.

The policy dialogue, which saw the participation of key stakeholders, including government officials, medical professionals, and civil society representatives underscored the critical need for evidence-based, collaborative approaches to alcohol control in Sri Lanka, balancing health objectives with economic considerations and addressing industry influences effectively.



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HNB partners IDEAL Motors to drive financial freedom through vehicle leasing solutions

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HNB, Senior Vice President/Head of Retail Banking, Kanchana Karunagama and Director of Legal & Corporate Affairs, Nimisha Welgama sharing the MoU, alongside the representatives from both organizations

HNB PLC, the leading private bank in Sri Lanka, has partnered with IDEAL Motors (Pvt) Limited to provide customers with attractive leasing solutions for brand-new vehicles & generators .

The partnership introduces a range of benefits designed to support individuals, entrepreneurs, and businesses seeking reliable vehicle and power solutions. Through this collaboration, customers can access structured lease facilities, special interest rates, free life insurance coverage, and attractive discounts through HNB General Insurance.

Commenting on the partnership, HNB, Senior Vice President/ Head of Retail Banking, Kanchana Karunagama, said, “At HNB, we believe that the right financial support can help people and businesses move forward with greater confidence. This partnership with IDEAL Motors shows our commitment to creating meaningful solutions that make vehicle and power investments more accessible, while helping our customers achieve their personal and business aspirations. By combining HNB’s financial expertise with IDEAL Motors’ industry capabilities, we are creating opportunities that support the ambitions of Sri Lankans and contribute towards a stronger, more connected economy.”

Customers purchasing vehicles through IDEAL Motors will also benefit from exclusive offers including free registration, and discounts on Bolero Maxx Pik-Up, Alfa Plus Load Carrier, Mahindra Pik-Up Single Cab, Mahindra Pik Up Double Cab, XUV 3XO vehicles, creating greater value throughout their ownership journey.

IDEAL Motors (Pvt) Limited, Director Legal and Corporate Affairs, Nimesha Welgama, said, “Our collaboration with HNB represents a shared commitment to supporting Sri Lankans in achieving greater financial independence through accessible ownership solutions. By combining IDEAL Motors’ mobility and power solutions with HNB’s financial expertise, we aim to empower individuals and businesses with opportunities that contribute to economic progress and community development. This partnership highlights our vision of creating lasting value by enabling customers to confidently invest in their future.”

With IDEAL Motors recognised for its diverse portfolio of automotive and power solutions, and HNB’s extensive expertise in financial services, the partnership aims to provide a seamless experience from selection to ownership, supported by flexible financing options and customer focused solutions.

The partnership further strengthens HNB’s commitment to supporting economic progress by providing financial solutions that enable customers to invest in personal mobility, commercial growth, and business continuity. Through collaborations with leading industry partners, HNB continues to expand opportunities for Sri Lankans while delivering a banking experience built around accessibility, trust, and value.

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Sri Lanka Insurance Corporation General and the Ministry of Education committed to protect Sri Lanka’s schoolchildren

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Sri Lanka Insurance Corporation General Ltd (SLICGL) and the Ministry of Education, Higher Education and Vocational Education share a commitment to protect Sri Lanka’s children throughout their school education. The pledge is delivered through the Suraksha Student Insurance Scheme, which protects over 4 million school children.

The Government of Sri Lanka, through the Ministry of Education, Higher Education and Vocational Education, provides the Suraksha Student Insurance Scheme free of charge to schoolchildren throughout the country. SLICGL is proud to partner with the Ministry in delivering this national initiative, which helps safeguard students against the financial impact of unforeseen circumstances.

Eligible students include those aged 5-21 years in Grades 1-13 from government schools, government-approved private schools, and Pirivena education, as well as students aged 4-21 years in assisted special schools.

The scheme provides hospitalisation, outpatient and critical illness cover, as well as personal accident cover for permanent and temporary disability, together with a life insurance benefit for children from low-income families on the death of a parent. Cover applies to incidents within and outside school premises.

For a child, an illness or accident can be far more than a temporary setback. It can place added pressure on a family and, in some circumstances, disrupt schooling. Suraksha acts as a safety net, giving children and their families greater peace of mind and helping them stay in school despite life’s uncertainties. The scheme is easily accessible through SLICGL’s islandwide network of 200 branches and customer service centres.

Children’s Day is a celebration of hope, the hope for every child to have the opportunity to learn, grow and build a better future. Celebrating children also means protection, not for a single day but for every day they spend in the classroom.

Commemorating Children’s Day, SLICGL extended support towards the educational needs of children at an underprivileged school. The project highlighted the company’s belief in protecting the future not only by being supportive when the unexpected happens, but also in helping create an environment in which children can learn, grow and fulfil their potential.

As Sri Lanka’s National Insurer, SLICGL’s role goes further than protecting people against risk. It is also about contributing to a stronger, safer and more resilient country as children’s education, wellbeing and aspirations contribute directly to help build the journey ahead.

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Vietjet launches Hanoi to Prague route via Almaty, expanding to Central Asia and Europe

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Inaugural celebrations for the new Prague to Almaty and Prague to Hanoi services mark an important milestone in Vietjet’s intercontinental network expansion

Vietjet, which already flies between Colombo and Ho Chi Minh City, has officially launched new services connecting Hanoi with Almaty, Kazakhstan, and Prague, Czech Republic, as well as Almaty with Prague, expanding its intercontinental network and marking its entry into the European Union. The new air links offer more affordable travel options while fostering greater tourism, trade and cultural exchange between Asia and Europe.

For Sri Lanka, the new routes widen the network that Vietjet is building out of Colombo. The airline has operated non-stop flights between Colombo and Ho Chi Minh City since August 2026, three times a week on Tuesdays, Thursdays and Saturdays, while its new Ho Chi Minh City to Maldives service via Colombo is scheduled to begin on 5 December 2026. With Hanoi now linked to Central Asia and Europe, Sri Lankan travellers have a growing choice of destinations reachable through Vietjet’s extensive network.

The inauguration ceremonies took place at Almaty International Airport and Václav Havel Airport Prague on 10 October, amid a warm welcome from local leaders, residents and visitors. The inaugural flights were greeted with traditional water cannon salutes and performances showcasing local cultural heritage, marking the beginning of new journeys connecting the three regions and welcoming international travellers to Vietnam. Passengers on the inaugural flights also received commemorative gifts from Vietjet and the airports, adding a special touch to their journeys.

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