Features
The beginnings of East West – the Nahil Wijesuriya empire
(Excerpted from Simply Nahil: The maverick with the Midas touch)
Regarding his business empire East West, Nahil Wijesuriya explained how he decided on the name of the company. While he was working for P&O Lines based in London, he had been discussing with a friend how difficult it was to send goods from the West to the East.
Then in an eureka moment it dawned on him that the name ‘East West’ would be ideal for an import/export business. This was a time there were restrictions on importing certain items to Sri Lanka with some folks even going to the extent of sending things like Wilkinson blades in aerogrammes to the island.
Meanwhile, Vajira Wijewardena of Anglo Asian, fame was manufacturing blades at his Anglo Asian factory under the brand name ‘Sharp’ and helping fill the dearth in the market. Nahil says of these blades “When you shave one side of your face you need a second blade to shave the other side!”
He registered the name East West Enterprises UK, following which he started his business by buying a supply of Parker pens, which were in great demand, to export them to Sri Lanka for sale.
To cash in on the wholesale discount price, the buyers were required to submit a letter, written on a company letterhead to the wholesaler. To do this, he printed a few letterheads that read ‘East West Enterprises United Kingdom’ to secure the discount.
Unfortunately, after all his trouble, the pen business did not turn out to be very lucrative for him, thanks to his friends. They took all his merchandise free of charge, before he could send the consignment to Colombo. That was the prelude to East West today, sans the pen-grabbing friends!
A great business partnership
When Nahil was working as Technical Manager at Ceylon Shipping Corporation in 1976, responsible for all the technical aspects of the fleet under his purview, Lester Weinman, a ship’s captain, was the Operations Manager looking after the port and commercial activities.
Nahil instinctively felt that given their experience, together they should start up a shipping company. Nahil and Lester had first hand experience with the lack of good shipping and cargo handling agents as sailors in various ports they would sail through including Sri Lanka. With the advent of the open economy in Sri Lanka 1977, Nahil, together with his friend Jothy Godage, launched East West Enterprises from Jothy’s home, at Perera Lane, Wellawatte, and it was their first registered office. Subsequently, in 1978 they were joined by Capt. Lester Weinman and Mrs. Vinitha Jayasinghe, who were appointed to the Board by invitation. Mrs Jayasinghe was invited to join, since her husband. Mr. Upatissa Jayasinghe, who was the Commercial Manager of Ceylon Shippimg Corporation, had planned to leave CSC with Nahil in order to join the Board of East West Enterprises but was unable to do so.
With Lester joining the company, they became the first and only seafarers to operate a shipping agency at the time. Since they needed financing to pay rent and fit out an office with essentials like a fax machine and furniture, they decided to sell their brand new cars which they had purchased with their foreign earnings. Nahil owned a Toyota Corolla Mark 11-2000 – it was a fancy car and the only road trip he took in it was on his honeymoon to Bentota with Indrani, his first wife. He sold it to Ceylon Tobacco Company, invested the proceeds in East West and bought himself a little Fiat 600 for his use. However Lester was dilly-dallying on whether he should sell his Peugeot 404 and by this time the business was on an upward curve, Lester’s car was never sold.
At the onset, Lester suggested that they start up East West Enterprises on the first floor of his home on Alvis Terrace, Colombo 03, owned by F.X.R. Pereira. Their primary need was to obtain a post office box number for the new enterprise. On applying to the General Post Office (GPO) they were lucky to get a three-digit abandoned number. 678. Usually before the issuance of a P.O. Box number, an officer from the GPO visits the business premises for an inspection and a mandatory requirement was a proper signage of the business. So Nahil rushed to Walkers, and got the name East West engraved on a sheet of Formica: and fixed it on the balcony of Lester’s home so that everything was in place for the inspector’s visit and licensing.
To commence operations on a professional note, the letterheads and relevant documents had already been given for printing, when Nahil suddenly realized the next day that this space at Lester’s was not going to be adequate. Coincidentally, a few days later he met a gentleman, Mr. Hector de Silva, who was a namesake and good friend of his father-in-law. This gentleman was an executive in the top rung of Ceylon Insurance Co., and he had an office at Ceylinco House.
Nahil mentioned that he was meeting Mr. Pathmanathan, at Ceylinco regarding renting of space and to his amazement Mr. Silva, informed him that he would be retiring in six months, and that they were welcome to rent the office he occupied at Ceylinco House. He added that he was willing to sit outside the office until his retirement in a few months. So Nahil took him up on his offer; which was a room on the fourth floor of Ceylinco House. That was how East West Enterprises, the parent company of the diverse portfolio of East West Group of Companies, came to fruition.
The company was registered towards the latter part of 1977, with Nahil and Jothy Godage as Directors, its principal business being ship handling and haulage. In a few years, it grew to be the largest shipping and haulage agents in the country. “All this was made possible due to the enthusiasm, hard work, focus, persistence and dedication in everything we did,” says Nahil.
There was a time during the initial stage of their shipping operations when they would drive to the airport with a typewriter, letterheads and seals in the boot of Lester’s car. They would pretend to be clerks, and enter the customs arrival area. It is a customs department requirement that a letter of discharge is furnished by the handling agents of a particular vessel to clear each sailor on arrival before assigning them on-board another ship. He says one of them would run to the car park, type out of the letter, sign, set the seal and rushed it back to the customs officers, who would always question as to how they were able to get the clearance letters so fast.
They spun a little fib about a clerk who rushes to the office, collects the letter and rushes back, or some such story. Fast-tracking an otherwise time-consuming operation was one more little thing that contributed towards their success.
Towards the middle of September 1977, Indrani and Nahil were blessed with their son, Vajira. They were living in the Gower Street residence at the time of his birth. The first Wijesuriya of the
third generation had arrived and Nahil was thrilled. After the intial excitement, things settled down and they got into a routine. Indrani was a stay-at-home mom. Vajira celebrated his 40th birthday a few years back I marvel at how fast the years have rolled by.
We reverted to our discussion on Nahil’s most endearing topic, his business empire – East West. It was the 1980s and the company at the time was on its way to ‘greater things’. As they expanded, diversifying into bunkering services, salvage and towage, a container freight station, haulage, a travel agency and a customs clearing house, each of these agencies, though singular in designated operations and with a three-way directorate, were steered through the shipping agency, their flagship company East West Enterprises.
In the years leading up to the present, when Nahil took over as Chairman of the Group, he diversified into other areas such as real estate, hospitality, media and information technology, among a host of other minor operations. With the real estate boom in the mid to late ’80s, he foresaw the long-term potential of the investment property market and divested most of the larger operations, going head on into real estate.
Nahil is a citizen of Singapore and requires an annual visa to live in Sri Lanka. In the sphere of business, like his dad, he has always thought out of the box, at most times looked at the big picture, been bullish in business, and is extremely forward-thinking. All of these attributes have contributed tremendously to his business acumen. Many people have told Nahil that he has been very ‘lucky’ in business, to which he vehemently protests saying that it’s utter nonsense. He says he has always been ready for a challenge and always looked at the downside in any venture, intelligently working through tough situations, thankfully ending up with excellent results. He is a major skeptic but believes it is divine intervention that has brought him to where he is today. “Deep down I know I am blessed,” says Nahil.
Features
Digital transformation in the Global South
Understanding Sri Lanka through the India AI Impact Summit 2026
Artificial Intelligence (AI) has rapidly moved from being a specialised technological field into a major social force that shapes economies, cultures, governance, and everyday human life. The India AI Impact Summit 2026, held in New Delhi, symbolised a significant moment for the Global South, especially South Asia, because it demonstrated that artificial intelligence is no longer limited to advanced Western economies but can also become a development tool for emerging societies. The summit gathered governments, researchers, technology companies, and international organisations to discuss how AI can support social welfare, public services, and economic growth. Its central message was that artificial intelligence should be human centred and socially useful. Instead of focusing only on powerful computing systems, the summit emphasised affordable technologies, open collaboration, and ethical responsibility so that ordinary citizens can benefit from digital transformation. For South Asia, where large populations live in rural areas and resources are unevenly distributed, this idea is particularly important.
People friendly AI
One of the most important concepts promoted at the summit was the idea of “people friendly AI.” This means that artificial intelligence should be accessible, understandable, and helpful in daily activities. In South Asia, language diversity and economic inequality often prevent people from using advanced technology. Therefore, systems designed for local languages, and smartphones, play a crucial role. When a farmer can speak to a digital assistant in Sinhala, Tamil, or Hindi and receive advice about weather patterns or crop diseases, technology becomes practical rather than distant. Similarly, voice based interfaces allow elderly people and individuals with limited literacy to use digital services. Affordable mobile based AI tools reduce the digital divide between urban and rural populations. As a result, artificial intelligence stops being an elite instrument and becomes a social assistant that supports ordinary life.
Transformation in education sector
The influence of this transformation is visible in education. AI based learning platforms can analyse student performance and provide personalised lessons. Instead of all students following the same pace, weaker learners receive additional practice while advanced learners explore deeper material. Teachers are able to focus on mentoring and explanation rather than repetitive instruction. In many South Asian societies, including Sri Lanka, education has long depended on memorisation and private tuition classes. AI tutoring systems could reduce educational inequality by giving rural students access to learning resources, similar to those available in cities. A student who struggles with mathematics, for example, can practice step by step exercises automatically generated according to individual mistakes. This reduces pressure, improves confidence, and gradually changes the educational culture from rote learning toward understanding and problem solving.
Healthcare is another area where AI is becoming people friendly. Many rural communities face shortages of doctors and medical facilities. AI-assisted diagnostic tools can analyse symptoms, or medical images, and provide early warnings about diseases. Patients can receive preliminary advice through mobile applications, which helps them decide whether hospital visits are necessary. This reduces overcrowding in hospitals and saves travel costs. Public health authorities can also analyse large datasets to monitor disease outbreaks and allocate resources efficiently. In this way, artificial intelligence supports not only individual patients but also the entire health system.
Agriculture, which remains a primary livelihood for millions in South Asia, is also undergoing transformation. Farmers traditionally rely on seasonal experience, but climate change has made weather patterns unpredictable. AI systems that analyse rainfall data, soil conditions, and satellite images can predict crop performance and recommend irrigation schedules. Early detection of plant diseases prevents large-scale crop losses. For a small farmer, accurate information can mean the difference between profit and debt. Thus, AI directly influences economic stability at the household level.
Employment and communication reshaped
Artificial intelligence is also reshaping employment and communication. Routine clerical and repetitive tasks are increasingly automated, while demand grows for digital skills, such as data management, programming, and online services. Many young people in South Asia are beginning to participate in remote work, freelancing, and digital entrepreneurship. AI translation tools allow communication across languages, enabling businesses to reach international customers. Knowledge becomes more accessible because information can be summarised, translated, and explained instantly. This leads to a broader sociological shift: authority moves from tradition and hierarchy toward information and analytical reasoning. Individuals rely more on data when making decisions about education, finance, and career planning.
Impact on Sri Lanka
The impact on Sri Lanka is especially significant because the country shares many social and economic conditions with India and often adopts regional technological innovations. Sri Lanka has already begun integrating artificial intelligence into education, agriculture, and public administration. In schools and universities, AI learning tools may reduce the heavy dependence on private tuition and help students in rural districts receive equal academic support. In agriculture, predictive analytics can help farmers manage climate variability, improving productivity and food security. In public administration, digital systems can speed up document processing, licensing, and public service delivery. Smart transportation systems may reduce congestion in urban areas, saving time and fuel.
Economic opportunities are also expanding. Sri Lanka’s service based economy and IT outsourcing sector can benefit from increased global demand for digital skills. AI-assisted software development, data annotation, and online service platforms can create new employment pathways, especially for educated youth. Small and medium entrepreneurs can use AI tools to design products, manage finances, and market services internationally at low cost. In tourism, personalised digital assistants and recommendation systems can improve visitor experiences and help small businesses connect with travellers directly.
Digital inequality
However, the integration of artificial intelligence also raises serious concerns. Digital inequality may widen if only educated urban populations gain access to technological skills. Some routine jobs may disappear, requiring workers to retrain. There are also risks of misinformation, surveillance, and misuse of personal data. Ethical regulation and transparency are, therefore, essential. Governments must develop policies that protect privacy, ensure accountability, and encourage responsible innovation. Public awareness and digital literacy programmes are necessary so that citizens understand both the benefits and limitations of AI systems.
Beyond economics and services, AI is gradually influencing social relationships and cultural patterns. South Asian societies have traditionally relied on hierarchy and personal authority, but data-driven decision making changes this structure. Agricultural planning may depend on predictive models rather than ancestral practice, and educational evaluation may rely on learning analytics instead of examination rankings alone. This does not eliminate human judgment, but it alters its basis. Societies increasingly value analytical thinking, creativity, and adaptability. Educational systems must, therefore, move beyond memorisation toward critical thinking and interdisciplinary learning.
AI contribution to national development
In Sri Lanka, these changes may contribute to national development if implemented carefully. AI-supported financial monitoring can improve transparency and reduce corruption. Smart infrastructure systems can help manage transportation and urban planning. Communication technologies can support interaction among Sinhala, Tamil, and English speakers, promoting social inclusion in a multilingual society. Assistive technologies can improve accessibility for persons with disabilities, enabling broader participation in education and employment. These developments show that artificial intelligence is not merely a technological innovation but a social instrument capable of strengthening equality when guided by ethical policy.
Symbolic shift
Ultimately, the India AI Impact Summit 2026 represents a symbolic shift in the global technological landscape. It indicates that developing nations are beginning to shape the future of artificial intelligence according to their own social needs rather than passively importing technology. For South Asia and Sri Lanka, the challenge is not whether AI will arrive but how it will be used. If education systems prepare citizens, if governments establish responsible regulations, and if access remains inclusive, AI can become a partner in development rather than a source of inequality. The future will likely involve close collaboration between humans and intelligent systems, where machines assist decision making while human values guide outcomes. In this sense, artificial intelligence does not replace human society, but transforms it, offering Sri Lanka an opportunity to build a more knowledge based, efficient, and equitable social order in the decades ahead.
by Milinda Mayadunna
Features
Governance cannot be a postscript to economics
The visit by IMF Managing Director Kristalina Georgieva to Sri Lanka was widely described as a success for the government. She was fulsome in her praise of the country and its developmental potential. The grounds for this success and collaborative spirit go back to the inception of the agreement signed in March 2023 in the aftermath of Sri Lanka’s declaration of international bankruptcy. The IMF came in to fulfil its role as lender of last resort. The government of the day bit the bullet. It imposed unpopular policies on the people, most notably significant tax increases. At a moment when the country had run out of foreign exchange, defaulted on its debt, and faced shortages of fuel, medicine and food, the IMF programme restored a measure of confidence both within the country and internationally.
Since 1965 Sri Lanka has entered into agreements with the IMF on 16 occasions none of which were taken to their full term. The present agreement is the 17th agreement . IMF agreements have traditionally been focused on economic restructuring. Invariably the terms of agreement have been harsh on the people, with priority being given to ensure the debtor country pays its loans back to the IMF. Fiscal consolidation, tax increases, subsidy reductions and structural reforms have been the recurring features. The social and political costs have often been high. Governments have lost popularity and sometimes fallen before programmes were completed. The IMF has learned from experience across the world that macroeconomic reform without social protection can generate backlash, instability and policy reversals.
The experience of countries such as Greece, Ireland and Portugal in dealing with the IMF during the eurozone crisis demonstrated the political and social costs of austerity, even though those economies later stabilised and returned to growth. The evolution of IMF policies has ensured that there are two special features in the present agreement. The first is that the IMF has included a safety net of social welfare spending to mitigate the impact of the austerity measures on the poorest sections of the population. No country can hope to grow at 7 or 8 percent per annum when a third of its people are struggling to survive. Poverty alleviation measures in the Aswesuma programme, developed with the agreement of the IMF, are key to mitigating the worst impacts of the rising cost of living and limited opportunities for employment.
Governance Included
The second important feature of the IMF agreement is the inclusion of governance criteria to be implemented alongside the economic reforms. It goes to the heart of why Sri Lanka has had to return to the IMF repeatedly. Economic mismanagement did not take place in a vacuum. It was enabled by weak institutions, politicised decision making, non-transparent procurement, and the erosion of checks and balances. In its economic reform process, the IMF has included an assessment of governance related issues to accompany the economic restructuring process. At the top of this list is tackling the problem of corruption by means of publicising contracts, ensuring open solicitation of tenders, and strengthening financial accountability mechanisms.
The IMF also encouraged a civil society diagnostic study and engaged with civil society organisations regularly. The civil society analysis of governance issues which was promoted by Verite Research and facilitated by Transparency International was wider in scope than those identified in the IMF’s own diagnostic. It pointed to systemic weaknesses that go beyond narrow fiscal concerns. The civil society diagnostic study included issues of social justice such as the inequitable impact of targeting EPF and ETF funds of workers for restructuring and the need to repeal abuse prone laws such as the Prevention of Terrorism Act and the Online Safety Act. When workers see their retirement savings restructured without adequate consultation, confidence in policy making erodes. When laws are perceived to be instruments of arbitrary power, social cohesion weakens.
During a meeting between the IMF Managing Director Georgeiva and civil society members last week, there was discussion on the implementation of those governance measures in which she spoke in a manner that was not alien to the civil society representatives. Significantly, the civil society diagnostic report also referred to the ethnic conflict and the breakdown of interethnic relations that led to three decades of deadly war, causing severe economic losses to the country. This was also discussed at the meeting. Governance is not only about accounting standards and procurement rules. It is about social justice, equality before the law, and political representation. On this issue the government has more to do. Ethnic and religious minorities find themselves inadequately represented in high level government committees. The provincial council system that ensured ethnic and minority representation at the provincial level continues to be in abeyance.
Beyond IMF
The significance of addressing governance issues is not only relevant to the IMF agreement. It is also important in accessing tariff concessions from the European Union. The GSP Plus tariff concession given by the EU enables Sri Lankan exports to be sold at lower prices and win markets in Europe. For an export dependent economy, this is critical. Loss of such concessions would directly affect employment in key sectors such as apparel. The government needs to address longstanding EU concerns about the protection of human rights and labour rights in the country. The EU has, for several years, linked the continuation of GSP Plus to compliance with international conventions. This includes the condition that the Prevention of Terrorism Act (PTA) be brought into line with international standards. The government’s alternative in the form of the draft Protection of the State from Terrorism Act (PTSA) is less abusive on paper but is wider in scope and retains the core features of the PTA.
Governance and social justice factors cannot be ignored or downplayed in the pursuit of economic development. If Sri Lanka is to break out of its cycle of crisis and bailout, it must internalise the fact that good governance which promotes social justice and more fairly distributes the costs and fruits of development is the foundation on which durable economic growth is built. Without it, stabilisation will remain fragile, poverty will remain high, and the promise of 7 to 8 percent growth will remain elusive. The implementation of governance reforms will also have a positive effect through the creative mechanism of governance linked bonds, an innovation of the present IMF agreement.
The Sri Lankan think tank Verité Research played an important role in the development of governance linked bonds. They reduce the rate of interest payable by the government on outstanding debt on the basis that better governance leads to a reduction in risk for those who have lent their money to Sri Lanka. This is a direct financial reward for governance reform. The present IMF programme offers an opportunity not only to stabilise the economy but to strengthen the institutions that underpin it. That opportunity needs to be taken. Without it, the country cannot attract investment, expand exports and move towards shared prosperity and to a 7-8 percent growth rate that can lift the country out of its debt trap.
by Jehan Perera
Features
MISTER Band … in the spotlight
It’s a good sign, indeed, for the local scene, to see artistes, who have not been very much in the limelight, now making their presence felt, in a big way, and I’m glad to give them the publicity they deserve.
On 10th February we had Yellow Beatz in the spotlight and this week it’s MISTER Band.
This outfit is certainly not new to our scene; they have been around since 2012, under the leadership of Sithum Waidyarathne.
The seven energetic members who make up MISTER Band are:
Sithum Waidyarathne (leader/founder/saxophonist/guitarist and vocalist), Rangana Seram (bass guitarist), Vihanga Liyanage (vocalist), Ridmi Dissanayake (female vocalist), Nuwan Cristo (keyboardist/vocalist), Kasun Thennakoon (lead guitarist), and Nuwan Madushanka (drummer).
According to Sithum, their vision is to provide high quality entertainmen to those who engage their services.
“Thanks to our engaging performances and growing popularity, MISTER Band continues to be in high demand … at weddings, corporate events and dinner dances,” said Sithum.
They predominantly cover English and Sinhala music, as well as the most popular genres.
And the reviews that come their way, after a performance, are excellent, they say, and this is one of the bouquets they received:
It was a pleasure to have you at our wedding. Being avid music fans we wanted the best music, not just a big named band, and you guys acceded that expectations. Big thanks to Sithum for being very supportive, attentive and generous.
- Sithum Waidyarathne: Band leader and founder
- Ridmi Dissanayake: MISTER Band’s female vocalist
The best thing is the post feedback from all the guests. Normally we get mixed reviews but the whole crowd was impressed by you.
MISTER Band was one of our best choices for our wedding.
What is interesting is that for the past four consecutive years, this outfit has performed overseas, during New Year’s Eve, thereby taking their music to the international stage, as well.
The band has also produced a collection of original songs, with around six original tracks composed by the band leader, Sithum Waidyarathne, including ‘Suraganak Dutuwa,’ ‘Landuni,’ ‘Dili Dili Payana,’ ‘Hada Wedana,’ and ‘Nil Kandu Athare.’
Two more songs are set to be released this month: ‘Hitha Norida’ and ‘Premaye Hanguman.’
In addition to their original music, they have also created a strong online presence by performing and uploading over 50 cover songs and medleys to YouTube.
“We’re now planning to connect with an even wider audience by releasing more cover content very soon,” said Sithum, adding that they are also very active on social media, under the name Mister Band Official – on Facebook, Instagram, YouTube, and TikTok.
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