Business
Government is committed to providing the necessary support to secure a share for Sri Lankan entrepreneurs in the global market – President
President Anura Kumara Disanayake stated that the government is committed to providing the necessary support to secure a share for Sri Lankan entrepreneurs in the global market.
He highlighted that the government has a strong strategic plan to facilitate access to international markets by integrating diplomats and entrepreneurs into a unified process.
The President made these remarks while attending the 26th Anniversary of the Chamber of Young Lankan Entrepreneurs (COYLE), held on Monday (10) at the Shangri-La Hotel in Colombo.
President Disanayake further stated that this year’s budget has been designed to create a more dynamic and flexible economy, replacing the stagnant economic conditions of the past.
He noted that allowing greater economic mobility would enable the country to achieve a certain level of development. Accordingly, the budget has been structured in a way that does not cause major economic shocks.
The President also emphasized that the current government remains sensitive to economic decision-making, ensuring that policies do not place an unbearable burden on the Sri Lankan Rupee. He acknowledged that certain decisions had to be made in alignment with recommendations from the International Monetary Fund (IMF).
President Anura Kumara Disanayake revealed that the current government has taken the necessary and correct decisions to restore confidence in an economy where trust had previously collapsed. As a result, the country, which was officially declared bankrupt, has now been able to overcome its state of bankruptcy.
The President further emphasized that his government ensures every rupee spent is treated as a public trust and utilized with the highest level of responsibility.
Due to the government’s economic policies, efforts have been made to restart 11 economically significant projects that were previously halted by the Japanese government, as well as 76 projects that had been suspended by the Chinese government.
The current government has already taken significant steps to provide economic stability, creating a more secure environment for investors. As a result, the government has been able to facilitate large-scale investments in renewable energy, including the construction of a 50-megawatt wind power plant in Mannar.
The President also highlighted that a business-friendly environment has been established where investors can operate without having to pay any commissions.
Furthermore, he stated that the government is prepared to empower young entrepreneurs, not only within Sri Lanka but also by providing them with the strength to expand into international markets.
“We have built the strongest and most politically stable administration in Sri Lanka,” President Disanayake stated. He pointed out that, in past parliaments, it was common for MPs representing the opposition to later join the government and vice versa. However, he emphasized that such a situation does not exist in the current parliament, where there is a clear distinction between the government and the opposition. He described this as a strong example of political stability.
President Disanayake also remarked that a model political system has now been established in Sri Lanka. He assured that, by the end of the current administration’s tenure, there would be no room for a destructive political climate to re-emerge.
The event was attended by government ministers, state officials, diplomats and a group of young entrepreneurs.
Business
David Pieris Automobiles opens Sri Lanka’s first GWM Flagship Experience Centre
David Pieris Automobiles (Private) Limited (DPA), the four-wheeler sales arm of the David Pieris Group, announced the opening of its state-of-the-art GWM Flagship Experience Centre at 250, Access Tower 03, Union Place, Colombo 02, marking a significant milestone in the evolution of Sri Lanka’s automotive retail landscape.
The newly opened flagship facility is designed to deliver a truly world-class automotive experience, showcasing the latest innovations and technologies from GWM, one of the world’s leading automobile manufacturers. As the first and only vehicle experience centre of its kind in Sri Lanka, it offers customers an immersive journey that goes beyond the traditional showroom concept. Visitors can explore GWM’s premium range of SUVs and electric vehicles, including the HAVAL H6 HEV, HAVAL H6 PHEV, HAVAL H6 GT PHEV, TANK 300 HEV and TANK 500 HEV, while enjoying dedicated vehicle demonstration zones, test-drive opportunities, and a host of innovative customer engagement experiences designed to redefine the vehicle purchasing journey. GWM’s product portfolio in Sri Lanka will be further expanded in the coming months with the introduction of several new models, including a range of fully electric vehicles.
With a legacy spanning over four decades, the David Pieris Group has earned a reputation as one of Sri Lanka’s most trusted automotive organisations, particularly for its comprehensive after-sales support and customer service excellence. Strengthening its commitment to GWM customers, DPA has already established a dedicated, state-of-the-art GWM service centre at No. 75, Hyde Park Corner, Colombo 02, supported by an expanding network of authorised service dealers across the island to ensure convenient and reliable customer care.
Commenting on the opening, Mahesh Gunathilake, Director, David Pieris Automobiles, stated: “The opening of the GWM Flagship Experience Centre represents a significant milestone in our journey with the GWM brand in Sri Lanka. This is the country’s first dedicated state-of-the-art experience centre for GWM vehicles, offering customers the opportunity to experience world-class automotive technology, premium comfort and advanced safety features. GWM has successfully redefined modern mobility by delivering high-end luxury and innovation at an affordable price point, and we are proud to bring this exceptional experience to Sri Lankan motorists.”
The opening of the flagship facility further reinforces David Pieris Automobiles’ commitment to expanding GWM’s presence in Sri Lanka while providing customers with an unmatched ownership experience backed by the Group’s renowned sales and after-sales expertise.(DPA)
Business
Sri Lanka’s culinary strengths engagingly explored
Issue no.1 of a ground-breaking journal on Sri Lankan food and culture has just been launched and it’s such an engaging ‘read’ that it just cannot be put down by the reader until s/he reaches the last word in the publication. Titled ‘ROOTED’ it is a publication of Rooted Publications Pvt. Ltd. Colombo (www.rootedsrilanka.com).
This is no run-of-the-mill journal on local ‘culinary delights’. It is a profoundly empathetic, sensitive exploration of the uniqueness of Sri Lankan food and the cultures of the country. In other words, it’s a close, appreciative examination of what makes the native food of Sri Lanka and its cultures special and hard to replicate and replace.
Writers of the arrestingly illustrated articles in ‘ROOTED’ have apparently spared no pains to travel the length and breadth of Sri Lanka to unravel, with mesmeric pleasure, the food and drink offers at the heart of Sri Lankan cuisine. The food connoisseur has all his curiosities satisfied in the journal and cannot prevent his taste buds from being stimulated on reading the contents of the journal.
Regardless of geographical or physical location what Sri Lanka has to offer its own people or the visitor to the country by way of particularly indigenous dishes and meal spreads are made to come alive in these pages. The connoisseurs and food experts are taken on an entrancing journey into homes transformed into family restaurants, aromatic eateries and bustling market places with sizzling catch along the sea coast of the island to its interior in this appetizing survey of Sri Lankan food.
What is distinct in terms of food and drink to the different ethnicities and cultures of the land are rendered in larger-than-life eye-catching portrayals via the pen and the lens. Consequently the journal not only celebrates food but also its distinctive cultural roots and identities. That is, people are serenaded alongside food.
In the process, the ‘ambul thials’, the ‘ala thel and brinjal badums’, the ‘thilapia curries’, the multifarious, ‘mouth-burning sambols’ and heady ‘Arrack shots’ experimentally mixed, to name just a few such offers of food and drink with a uniquely Sri Lankan stamp on them, are made to come alive in ‘ROOTED’.
The magazine has been put together by an editorial team headed by editors Chadini Fernando, Vidya Balachander and they need to be commended on a job well done.
By Lynn Ockersz
Business
MO Marketplace App: A space for women to sell in Sri Lanka
In Sri Lanka, selling something has always carried an unspoken risk for women. Share your number with a stranger. Arrange a meeting. Handle cash. Hope for the best.
MO Marketplace, live since June 2024, has removed every one of those friction points. Buyers and sellers on the platform never need to exchange personal contact details. Payments are held in escrow until delivery is confirmed. Pickup and drop-off is managed entirely by MO. Two people can complete a transaction from start to finish without ever speaking directly to each other.
For women running home-based businesses or women simply have too many clothes and things, that architecture is not a convenience. It is a fundamental shift in what is possible.
The evidence is in the listings. Clothing, fashion, and home goods dominate the platform, categories overwhelmingly driven by female sellers and buyers. From home-based clothing traders to small lifestyle businesses operating out of living rooms across Colombo, women are using MO to participate in commerce on their own terms, without compromising safety or privacy.
The platform has recorded 45,000 downloads and 14,000 registered users in 18 months, with peak monthly active users of 15,000. Commissions are capped at a flat 10%, significantly below the 15% to 30% charged by dominant platforms, making it accessible for small and micro sellers.
Coming mid-2026, AI tools will automatically generate listing descriptions and enhance product images, removing two of the most common barriers to getting started as a seller. Video selling is also on its way.
Sri Lanka has no shortage of entrepreneurial women. Until now it lacked a platform designed around how they actually need to trade.
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