Business
CBD Business Centre in Fort, hosts official opening; ready for new tenants in 2021
CBD Business Centre, the landmark corporate edifice in Colombo Fort is set to welcome new tenants at the start of the new year following an extensive Rs 609 million renovation by its owner Cargo Boat Development Company PLC (CBD), a company news release said.
“The iconic 38-year-old building, is now ready for occupancy by companies looking for contemporary office spaces centrally located in Colombo’s business district at an affordable rent,” it said.
Long-standing director of the CBD Company Merrill J. Fernando, Founder of Dilmah Tea, declared the building recently. Those present included CDB Chairman Ravi Thambiayah, Deputy Chairman Nirmalie Thambiayah, Managing Director Niruja Thambiayah, Managing Director of International Distillers Lanka Mohan Tissanayagam, Joint Managing Directors of Renuka Hotel and Renuka City Hotel Arnila Thambiayah and Shibani Thambiayah, Maya Jayawardena and Thiyagarajah Dharmarajah.
Dilith Jayaweera, Chairman of George Steuart & Co., and the first tenant of CBD Business Tower, Dharshan Munidasa, Director of Crab Corp (and co-founder of Ministry of Crab alongside Mahela Jayawardene and Kumar Sangakkara). The Consultants from Avant Garde Urban Design Partnership and the Contractor for the Project, Sanken Construction (Pvt) Ltd were also present.
“This building was first built and opened by our chairman Ravi Thambiayah in 1982. It was the first UDA approved project in Fort and one of the first high rise buildings in Fort,” said MD Niruja Thambiayah at the event. “ABN bank was the first tenant to sign a lease in April 1980, one and a half years before the building was even ready. Bankers Trust, Swiss Air, Julius & Creasy, the Central Bank, and other prestigious tenants including the Presidential Secretariat and Ministry of Defence were quick to follow.
“This building was initially constructed in 1982 on the land which housed the offices of CBD’s original parent company – Cargo Boat Despatch Company, a Greek Shipping company (formed in 1866), which was acquired by my grandfather, Alfred Leo Thambiayah in 1939, which he grew into one of the leading shipping companies on the island, responsible for most of the functions of the port of Colombo at the time of nationalization of cargo operations in 1958.” A. L. Thambiayah was also a MP for Kayts from 1947 to 1956.
“We have now re-launched the CBD Business Centre with a contemporary look and an upgraded suite of facilities and services,” she added. “At a time when potential tenants are becoming increasingly discerning about their office spaces, we wanted to ensure that with this refurbishment, we tick all the boxes with respect to design, sustainability, functionality, and convenience.”
Slated to be among Colombo’s best commercial addresses, the newly-renovated CBD Business Centre holds its prime Fort location at 41 Janadhipathi Mawatha, Colombo 01, with building access from both Hospital Street and Janadhipathi Mawatha. Located right opposite the Central Bank and within walking distance of the World Trade Centre and Port City, this flagship development of the CBD company (an associate company of the Renuka Hotels Group) currently houses a total of 54,400 sq. ft. of newly refurbished, modern, rentable office space, spread over 11 floors with panoramic views of Colombo city, Port City, Colombo harbour and ocean.
For companies looking to rent out smaller spaces, every 5,700 sq. ft. office floor can be subdivided into two separate office areas of 2,800 sq. ft. each. The rent is currently being offered at special introductory rates of Rs.195 per sq. ft. (+ taxes) for office floors 1 to 9, and Rs.220 per sq. ft. (+ taxes) for the ground floor.
The CBD Business Centre has already secured its second tenant, Hoist Global SL (Pvt) Ltd., the Sri Lankan arm of Canadian-based IT company Hoist Global Tech Solutions Inc.
In addition to superior new masonry and cutting-edge electrical & plumbing infrastructure outfitted throughout the entire building, the CBD Business Centre also boasts energy efficient central air-conditioning and LED lighting systems, with separate electricity, water, and BTU meters for each office.
With a brand-new entrance lobby with reception, newly-installed passenger and service elevators, upgraded fire detection and protection system, 100% backup generator, new sanitary facilities and pantries, the tower also affords additional services including an on-site building management service, 24-hour security, and CCTV in the common areas and a basement car park.
Business
Mahindra Ideal Motors celebrates gala ‘Excellence Awards’ honouring outstanding performance and innovation
The Mahindra Ideal Motors Excellence Awards ceremony, a grand celebration to recognize dealers and other stakeholders of Ideal Motors, was held at the Wave n’ Lake Banquet Hall & Restaurant in Welisara recently.
The event was graced by the presence of special guests including Nalin Welgama, Founder and Chairman Ideal Motors, Dilani Yatawaka, Group Managing Director/CEO Ideal Motors, Nimisha Welgama, Director Legal and Corporate Affairs Ideal Motor, Sachin Arolka, Head International Operations, Auto Division Mahindra & Mahindra India. Senthil Selvaraju, Head International Operations and Customer Service Automotive Division Mahindra & Mahindra India, Sujeeth Jayant, Country Head Mahindra & Mahindra India and Shitam Kundu, Head Domestic Services Mahindra & Mahindra India.
Also, in attendance from Ideal Motors were Kasun Fernando, General Manager Commercial Vehicle Sales Division, Sameera Bamunuarachchi, Deputy General Manager Spare Parts, Logistics & Inventory and Prasanna Manamperi, Deputy General Manager After Seles Service.
Speaking at the event, Nalin Welgama Ideal Motors Founder and Chairman said, “When we began our journey with Mahindra in 2009, the previous company had sold 300 vehicles in the country, of which nearly 150 had various defects. At that time our journey began by engaging with the parent company in India and repairing those vehicles free of charge. That commitment has brought us to where we are today. As we believe, our journey truly begins after the sale. We are dedicated to strengthening our customers, and in doing so, strengthening ourselves. That is how we transformed the after-sales service experience.”
He added, “Our main strength is the Mahindra Bolero, which has sold more than 10,000 units in just two years. In a very short period, we grew from zero to over 100,000 vehicles sold. This is not my victory, but the victory of all of you who contributed to it. Despite the challenges of the COVID-19 pandemic and the economic crisis we faced, this awards ceremony was organized to express our gratitude to all of you who trusted our institution and stood by us. Let us continue our victorious journey together.”
Dilani Yatawaka, Group Managing Director Ideal Motors, said: “Today is a very happy day for us. This is the first time in history of the organisation, that representatives of our vehicles, spare parts, services, and financial institutions are meeting together under one roof.”
Speaking on the occasion, Sachin Arolka, Head International Operations, Auto Division Mahindra & Mahindra India, stated that Ideal Motors in Sri Lanka is one of the largest seller of Mahindra vehicles in Asia.
More than 300 dealers and finance partners participated in the event which concluded with dinner, fellowship and entertainment.
Business
Police engagement supports wildlife protection in hill country
Strengthening conservation through active law enforcement
An awareness and capacity-building program on wildlife crime prevention, with a special focus on the Sri Lankan leopard (Panthera pardus kotiya), was successfully conducted on March 20 at the Dimbula Athletics & Cricket Club, Radella.
The session was organized under the ongoing Multi-Regional Leopard Research and Conservation Project implemented by the Wildlife & Nature Protection Society (WNPS), in collaboration with LOLC. It brought together senior officers representing 28 Police stations across the Nuwara Eliya and Kandy districts, underscoring the growing importance of law enforcement in conservation efforts within multi-use landscapes, a WNPS news release said.
The Central Highlands present a unique conservation challenge, where increasing habitat loss and fragmentation, depletion of natural prey, and use of snares continue to threaten leopards inhabiting these landscapes majority outside formally protected areas. The session therefore focused on strengthening the capacity of Police officers to identify, prevent, and respond to wildlife crimes, while fostering closer coordination with conservation stakeholders, it explained.
Co-Chair of the Wildcats Subcommittee, Prof. Enoka Kudavidanage, highlighted the ecological and economic significance of leopards as apex predators, emphasizing their role in maintaining ecosystem balance and supporting nature-based tourism. She also outlined the current conservation challenges in the Hill Country and presented ongoing interventions under the WNPS–LOLC project.
Dr. Sanjaya Weerakody, Postdoctoral Fellow at the Xishuangbanna Tropical Botanical Garden (XTBG), Chinese Academy of Sciences, shared key research findings on leopard mortality trends over the past 17 years revealing concerning patterns, including the disproportionate loss of mature male individuals and the increasing prevalence of snaring as a primary cause of death highlighting an urgent need for targeted enforcement.
Attorney – at – Law Charaka Jayaratne provided an in-depth overview of the legal provisions under the Fauna and Flora Protection Ordinance, with particular attention to offences related to snaring. He discussed how Police can take more proactive and effective action, identifying gaps in current approaches and suggesting practical measures to strengthen enforcement outcomes.
Adding further perspective, Samantha Gunasekara, former Deputy Director of Customs and Chairman of the Marine Environment Protection Authority (MEPA), spoke on the broader context of illegal wildlife trade in Sri Lanka. Drawing from past cases and recent observations, he highlighted emerging trends and risks associated with wildlife trafficking.
Representing the Department of Wildlife Conservation, Ranger Srinath Dissanayake of the Hakgala Wildlife Range shared recent cases on leopard deaths and rescue operations recorded in 2025. He emphasized on personal observations, importance of timely intervention, and strong collaboration between field officers and the Police to mitigate human–wildlife conflict and prevent avoidable losses.
An interactive discussion followed, allowing officers to raise questions, clarify procedures, and exchange experiences while sharing their feedback as well. This dialogue contributed to reinforcing the value of strategic engagement between the Police, the Department of Wildlife Conservation, and conservation partners while strengthening inter-agency understanding and highlighting the need for coordinated responses during leopard-related incidents.
The session commenced with opening remarks by WNPS President Graham Marshall, who expressed appreciation for the participation of the Sri Lanka Police and reiterated the critical role of law enforcement in safeguarding biodiversity beyond protected areas.
WNPS Past President and WNPS LOLC Project Head Spencer Manuelpillai, Project Coordinator Gihani Hettiarachchi, Regional Center Coordinators, Thilanka Dissanayake and Attorney-at-Law Malaka Palliyaguruge were also present as part of the WNPS team.
WNPS extends its sincere appreciation to all officers who participated for their commitment and active engagement. Supported by LOLC, these initiatives form part of a broader effort to strengthen practical conservation through collaboration, knowledge sharing, and effective enforcement in Sri Lanka’s Hill Country.
Business
Mangala Tex marks expansion with new Kurunegala Branch
Fashion retail leader Mangala Tex celebrated the grand opening of its newest branch in Kurunegala on Saturday, March 14, 2026, adding a vibrant new dimension to the city’s commercial landscape.
Since its inception, Mangala Tex has been synonymous with style, durability, and quality, earning a lasting reputation as a premier clothing retailer. Guided by the visionary leadership of Chairman Ronald Nimal Hope, the brand has successfully established a strong presence with thriving outlets in Yatinuwara Veediya, Kandy, Cross Street, Kandy, and Peradeniya, Kandy.
The Kurunegala expansion marks a significant milestone in the company’s growth, bringing its signature fashion offerings closer to a wider customer base. True to its slogan, “Let Your Clothing Do The Talking,” the new store features an extensive range of apparel catering to all age groups, blending contemporary style with durable, high-quality fabrics.
Shoppers at the Kurunegala branch are greeted by a welcoming atmosphere and attentive staff, which long-time customers cite as key reasons for their loyalty. The store’s combination of trendy designs, reliable quality, and customer-centric service continues to set it apart in Sri Lanka’s competitive fashion retail sector.
Mangala Tex now employs more than 120 staff members across its branches, remaining a proudly family-driven enterprise alongside Managing Director Pahan Dissanayaka and Directress M M G P Dissanayaka.
With the official opening in Kurunegala, Mangala Tex demonstrates that consistent quality, style, and service can drive sustained growth, expanding the brand’s reach to new communities while reinforcing its status as a trusted name in Sri Lankan fashion.
Text and Pix by SK Samaranayake
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