Business
Unit Trust Association of Sri Lanka launches “Investor Awareness Initiative” to empower public to build wealth through Unit Trusts
The Unit Trust Association of Sri Lanka (UTASL) has launched an Investor Awareness Initiative aimed at helping Sri Lankans understand how Unit Trusts (UTs) can play a vital role in planning and growing their wealth. The initiative will take place at the World Trade Centre, Colombo, from 27th to 31st October 2025, where there will be 16 member companies participating in the awareness programme.
While Unit Trusts are one of the most widely used and trusted investment tools globally, awareness and participation among Sri Lankan investors remain relatively low. UTASL’s latest initiative seeks to change that by making the concept of Unit Trusts simple, relatable, and accessible to everyone, from first-time investors to those seeking to diversify their savings. This public education drive supports the ongoing efforts of the Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) to strengthen financial literacy and investor participation across the country.
The launch of this initiative comes at a time of renewed confidence and growth in the Unit Trust industry. As of August 2025, total assets under management reached Rs. 601 billion, and the number of unit holders climbed to 131,609, reflecting an increase of 16,972 new investors and Rs. 56.4 billion in funds within the year. This growth signals a significant shift in investor behaviour, with more Sri Lankans beginning to look beyond traditional savings accounts toward professionally managed investment options that offer stability, transparency, and long-term returns.
Speaking on the initiative, Christine Dias Bandaranaike, President UTASL, said, “For Sri Lanka’s economy to grow sustainably, people must begin to think like investors, not just savers. Unit Trusts make this transition easier. Professionals, regulated by the SEC, manage Unit Trusts, and are accessible to anyone who wants to start building wealth systematically. Our campaign’s central message is Dhanaya Wadana UT (Wealth Building UT), with which we hope to encourage Sri Lankans to take control of their financial future through disciplined, long-term investing in regulated Unit Trusts.”
The public engagement event at the World Trade Centre, Colombo, is from the 27th to the 31st of October, providing a unique opportunity for visitors to engage directly with licensed fund managers and investment experts. This interactive platform allows you to learn about different types of Unit Trusts, such as equity, balanced, and income funds, and discover how small, consistent investments can grow into long-term wealth.
The companies participating in the Investor Awareness initiative are leaders in the industry, each bringing their unique expertise and commitment to wealth building. These include Arpico Ataraxia Asset Management (Private) Limited, Asia Securities Wealth Management (Pvt) Ltd, Asset Trust Management (Pvt) Ltd, Assetline Capital (Pvt) Ltd, Capital Alliance Investments Ltd, Ceybank Asset Management (Pvt) Limited, Ceylon Asset Management Company Limited, CT Smith Asset Management (Private) Limited, First Capital Asset Management Limited, J B Financial (Pvt) Ltd, LYNEAR Wealth Management (Pvt) Limited, National Asset Management Limited, NDB Wealth Management Limited, Premier Wealth Management Ltd, Senfin Asset Management (Pvt) Ltd, and Softlogic Asset Management (Pvt) Ltd.
UTASL aims to popularise Unit Trusts and inspire Sri Lankans to prioritise long-term, professionally guided investing over short-term savings. The core message of “Dhanaya Wadana UT” will empower Sri Lankans to control their financial future and contribute to national economic growth. For more information on Unit Trusts and how to get started, visit their website at utasl.lk or meet the UTASL member firms at the World Trade Centre, Colombo, from 27th to 31st October, 2025.
Business
SLEIS 2026 to examine Sri Lanka’s energy transition and its implications
Reliable and affordable energy is essential to Sri Lanka’s economic growth, industrial development and competitiveness. As the country seeks to strengthen energy security while reducing its dependence on fossil fuels, the energy sector will be a key area of discussion at the Sri Lanka Economic & Investment Summit 2026, organised by The Ceylon Chamber of Commerce on 12-13 October 2026.
The session, “Beyond Fossil Dependence: Balancing Security, Sustainability, and Growth,” will examine how Sri Lanka can diversify its energy sources, accelerate renewable energy adoption and attract investment while ensuring a reliable energy supply for businesses and households. Discussions will also consider the infrastructure and policy frameworks needed to support the country’s transition towards a modern and competitive energy system.
Ms. Edore Onomakpome – Regional Infrastructure Industry Manager – Bangladesh, Sri Lanka and Nepal, at the International Finance Corporation will keynote the session, and join the panel discussion featuring G.M.R.D. Aponsu – Secretary to the Ministry of Energy, Damitha Kumarasinghe – Director General (Chief Executive Officer), Public Utilities Commission of Sri Lanka, and Manjula Perera – Managing Director, WindForce PLC. The discussion will be moderated by Sheran Fernando – Senior Advisor, Plus94.
The session will also explore the role of public-private collaboration in developing new energy solutions, encouraging investment and creating opportunities within Sri Lanka’s evolving energy sector. It will consider how energy policy and investment decisions can support both economic expansion and the country’s longer-term sustainability objectives.
The Sri Lanka Economic & Investment Summit 2026 is supported by its valued sponsors and partners. Platinum Sponsor – Standard Chartered Bank Sri Lanka, Gold Sponsor – VISA Worldwide (Pvt) Ltd., Bronze Sponsor – South Asia Gateway Terminals (Pvt) Ltd., Strategic Development Partner – Asian Development Bank, Telecommunication Partner – Dialog Telecommunication, Television Partner – Dialog Television, Session Sponsors – David Pieris Motor Company (Pvt) Ltd., Hemas Holdings PLC, Sunshine Holdings PLC, International Construction Consortium (Pvt) Ltd., Official Logistics Partner – Hayleys Advantis Limited, Official Airline – SriLankan Airlines Ltd., Official Hospitality Partner – Shangri-La Colombo, Airline Partner – China Eastern Air Holding Co. Ltd.
Registrations are now open at https://sleis.chamber.lk/. For more information, contact Alikie on 011 558 8805 (alikie@chamber.lk) or Shanuka on 0701082541 (events.division@chamber.lk).
Business
A fresh chapter for the George Keyt Foundation: A renewed commitment to the Sri Lankan art ecosystem
The George Keyt Foundation (GKF), dedicated to preserving the legacy of modernist painter George Keyt and fostering local art, has announced strategic appointments to its leadership team, bringing together a mix of global academic expertise, corporate leadership, and artistic passion. These enhancements aim to inject fresh expertise and academic depth into the Foundation’s long-term vision.
Establishment of the New Advisory Committee
To broaden its operational reach and deepen its engagement with the global art market, the George Keyt Foundation has established an Advisory Committee. The newly appointed committee members include:
• Dr Sujatha Meegama is a Senior Lecturer in Buddhist Art History at the Courtauld. She is an acclaimed art historian, author and academic, bringing specialised knowledge in South Asian art history to guide the foundation’s curatorial and educational directives.
• Dr Shamil Wanigaratne: A clinical psychologist, author, and avid art historian, Shamil will lend his unique perspective to help the foundation design meaningful public outreach and cultural preservation strategies.
• Abbas Esufally: A veteran corporate leader and patron of the arts, Abbas is transitioning from his role as a GKF Trustee to this advisory position, where he will continue to offer his sharp business acumen and extensive network.
New Trustee Appointment
Leesha Captain has been appointed to the Board of Trustees. Inspired by Sri Lankan artists, Leesha is a recognised supporter of the local art scene. Leesha’s hands-on perspective will strengthen the foundation’s core team as they develop and design new art programs.
A Vision for the Future
“These new appointments mark an exciting chapter for us as we build on our decades-long history of promoting Sri Lankan artists,” says Malaka Talwatte, Chairman of the Foundation. “The combination of Leesha on the board, alongside the diverse expertise of our new Advisory Committee, will significantly amplify our efforts in curating high-profile exhibitions and expanding local and international partnerships”.
Business
Sun Siyam Pasikudah celebrates World Tourism Day with culture, cuisine and community
Sun Siyam Pasikudah, part of the Privé Collection under Maldivian-owned Sun Siyam Resorts, will mark World Tourism Day on 27 September 2026 with a full day programme celebrating the culture, cuisine and natural beauty of Sri Lanka’s east coast, paired with community focused sustainability activities.
The celebrations open with a special buffet of authentic Sri Lankan cuisine, followed by a street food festival showcasing regional snacks and traditional sweets rarely found on resort menus. A signature World Tourism Day mocktail and cocktail, created for the occasion, will be served through the day, while traditional Sri Lankan cultural dance performances bring the island’s heritage to life for guests.
Beyond the festivities, the resort has planned a tree planting activity with guests and a beach or park clean up campaign, both reflecting Sun Siyam Pasikudah’s ongoing commitment to responsible tourism along Sri Lanka’s northeast coast.
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