Business
‘Continuation of corruption-free policy, a must for greater German investments’
At present more than 300 German brands are available in Sri Lanka due to bilateral trade and investment and more investments could be attracted to this country, if the local bureaucracy acts faster, the “corruption-free policy, good governance continue and investments are properly protected, German ambassador to Sri Lanka, Dr. Felix Neumann said.
“This was the feedback I received from German companies operating in Sri Lanka and therefore German firms often compare Sri Lanka’s conditions with those of other countries in the region before committing to investments, Dr Neumann said while delivering remarks at the monthly ‘Ambassadors’ Roundtable Discussion’ organized by the Pathfinder Foundation. The event was held at the Colombo Club, Taj Samudra Hotel on Tuesday. It was presided over by Pathfinder Foundation Chairman Ambassador Bernard Gunathilake.
Ambassador Neumann said that ‘Stability and Global Order’ constitute a primary policy pillar for his government, emphasizing Germany’s commitment to safeguarding peace in Europe and beyond. “The second pillar, ‘Freedom: Upholding the Rule of Law and Human Rights’, is the foundation for lasting stability, he said. The ambassador emphasized that societies governed by the Rule of Law are inherently more stable and just than those led by power or force. Germany, he said, stands with those who rely on the Rule of Law.
The ambassador, highlighted that human rights, democracy and justice form the core of Germany’s foreign policy and international engagement.
He emphasized the importance of the Indian Ocean to global trade. “Sri Lanka’s strategic location and democratic stability contribute to peace and stability in the Indian Ocean region. Modern security extends beyond defence, encompassing energy, food and climate security, he said.
‘Security’, he identified as one of the three pillars of German foreign policy—alongside ‘wealth’ and ‘freedom’.
“Some German companies have to wait long to obtain licenses for production or to install plants here. German companies may look elsewhere if Sri Lanka’s approval processes are not made faster, the ambassador said.
Neumann added: “The Indian Ocean is a peaceful region. There is an existing principle of freedom of navigation throughout the Indian Ocean. Sri Lanka is not the biggest state in the region, but it is located at the very centre of the Indian Ocean, along some of the world’s most important international shipping routes.
“Thanks to nature, Sri Lanka has deep-sea harbours that are essential for these global trade lines. Therefore, Germany’s security is linked to the security of Sri Lanka. A stable, democratic Sri Lanka with the Rule of Law and a prosperous society contribute to stability at this key point in the Indian Ocean.
“I know there is a Sri Lankan policy position. It is fine. It is a friend to all and enemy to none. We have a country that has decided to be fair to everyone. That aligns with the international principle of freedom of navigation.”
Dr. Neumann further emphasized that Sri Lanka is among the few countries that enjoy a trade surplus with Germany.
“We export less to Sri Lanka than Sri Lanka exports to Germany. Germany is at the centre of Europe, and our wealth is largely based on access to the European market. Though Germany covers only one percent of the global surface, it represents the world’s third-largest economic power. For this, we need partners who engage with us in a common market. That is why I often say Germany is ‘Team Europe.’ Within the European Union, our goal is to keep the EU as open as possible to our partners,” he explained.
By Hiran H.Senewiratne
Business
Mattala Wildlife Unit to boost revenue, tourism and investor confidence
The launch of a dedicated wildlife unit at Mattala Rajapaksa International Airport is expected to deliver significant economic benefits by improving aviation safety, strengthening eco-tourism and enhancing Sri Lanka’s investment appeal, Wildlife Conservation Department Director General Ranjan Marasinghe said.
Speaking at the signing of a Memorandum of Understanding between the Department of Wildlife Conservation and Airport and Aviation Services (Sri Lanka) Limited, Marasinghe said the initiative links conservation directly with national development and revenue generation.
“This is more than an administrative step—it is a forward-looking initiative that aligns conservation, aviation safety and national development in a single strategic effort,” he said.
He noted that wildlife management at airports is globally recognised as essential for reducing bird strikes and wildlife-related disruptions, which can lead to costly repairs, delays and operational losses.
By proactively managing such risks, the Mattala Wildlife Unit is expected to lower potential costs for airlines and airport operators while improving efficiency and confidence among carriers considering future operations.
Marasinghe said the airport’s proximity to premier tourism destinations such as Yala National Park and Udawalawe National Park, together with marine tourism opportunities including Blue Whale watching, gives Mattala a strong commercial advantage.
“This convergence of aviation and wildlife tourism creates an extraordinary opportunity,” he said, adding that the airport has the potential to become a major gateway for high-value eco-tourism.
Industry observers note that wildlife tourists generally spend more on guided safaris, hotels, transport and local experiences, generating stronger foreign exchange earnings and employment opportunities for surrounding communities.
Marasinghe said integrating environmental standards into airport operations would also improve Sri Lanka’s global image at a time when investors and international travellers increasingly value sustainability.
“By integrating environmental considerations into airport operations, we position Sri Lanka more favourably on the global stage, demonstrating that we are a nation committed to sustainability, responsibility and innovation,” he said.
He expressed hope that the Mattala model would be replicated at other international airports, creating long-term savings, stronger environmental governance and wider economic returns.
The Director General said the Department of Wildlife Conservation remains committed to supporting the national economy through new and meaningful avenues while protecting Sri Lanka’s natural assets.
“Conservation must also contribute to development,” he said, stressing that protecting biodiversity and generating growth can go hand in hand.
By Ifham Nizam
Business
Aitken Spence Elevators and CINEC usher in a new era for Sri Lanka’s elevator industry
Aitken Spence Elevators, in collaboration with CINEC Campus, recently held the Certificate Awarding Ceremony for the latest batch of trainees of the Elevator Serviceman Course at the Elevator Training Centre (ETC). The graduates were awarded their NVQ Level 3 certifications, marking a significant milestone in their professional journey within Sri Lanka’s vertical transportation industry.
The certification programme was developed in partnership with the National Apprentice and Industrial Training Authority (NAITA) and the Ministry of Vocational Training & Skills Development, ensuring trainees received industry-recognised qualifications, alongside strong practical competencies. The ceremony was attended by directors of both Aitken Spence and CINEC Campus, as well as staff members, lecturers, and invited guests of the graduating students
Anuka Prashan Pieris was recognised as the Most Outstanding Student of the batch in appreciation of his exceptional performance and commitment throughout the programme. The Elevator Training Centre plays a vital role in addressing the growing demand for skilled elevator service technicians through structured training and hands-on learning. The facility features Sri Lanka’s first Elevator Training Tower, offering trainees practical exposure aligned with both local and international standards.
All graduates of the current batch have already commenced their careers as technicians and supervisors at Aitken Spence Elevators. Their seamless transition into the workforce reflects the programme’s strong emphasis on developing job-ready professionals capable of contributing effectively from day one.
Business
Sterling Steels wins Merit Award at SLIA Annual Product Awards 2026
COLOMBO, SRI LANKA– Sterling Steels (Pvt) Ltd, a premier manufacturer of high-quality globally renowned steel roofing & cladding, announced it has been honored with a prestigious Merit Award at the Sri Lanka Institute of Architects (SLIA) Annual Product Awards 2026. The national recognition was awarded in the highly competitive Zinc-Aluminium Coated Profile Steel Sheet category, underscoring the company’s dedication to excellence, innovation, and superior quality in the Sri Lankan construction industry.
The award was presented during a grand ceremony held at the esteemed Nelum Pokuna Theatre, a key event in the nation’s architectural and construction calendar. The SLIA Annual Product Awards are widely regarded as a benchmark for quality and design excellence, with products rigorously evaluated by a panel of distinguished architects and industry experts. Receiving this Merit Award positions Sterling Steels among the top-tier suppliers of building materials in the country.
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