Business
Rajendra Theagarajah appointed Chairman of Digital Reality Pvt Ltd
Mandated to lead the Board of SL’s first ever High Density Data Centre
Envisages world class data hosting services and value-added services to enterprises, SMEs and startups
Set to attract regional clientele to Sri Lanka with Tier 3 certified offshore data hosting services
Data centre located at Orion City to go live early in Q2FY2021
Digital Reality (Pvt) Ltd, a joint venture between St. Anthony’s Property Developers (Pvt) Ltd. (SAPD) and Dialog Broadband Pvt Ltd, announced the appointment of respected banking veteran, technologist and business transformation specialist, Rajendra Theagarajah as Chairman, a company news release said.
Theagarajah has been charged with leading its board as Digital Reality gears up for the launch of Sri Lanka’s first and most advanced High Density Data Centre, at Orion City, and ultimately, securing mandates for data hosting services from leading corporates, SMEs, and startups as well as offshore hosting for large corporates across South Asia, it said.
“All of us at Digital Reality are proud to welcome Thea on board. During his time in the banking industry, he has spearheaded powerful technological transformations which laid the IT and operational foundation for the innovations in digital banking that are now coming online across the island. This ability to leverage technology, and deliver results while commanding the respect and admiration of the entire corporate sector will be the catalyst to a new era in Sri Lankan IT capabilities,” Digital Reality Director and CEO, Jeevan Gnanam said.
Established through a US$ 5 million investment between Dialog Broadband Pvt Ltd and SAPD, Digital Reality’s upcoming 200 rack High Density Data Centre will offer globally competitive Tier 3 class infrastructure services to support the rapidly escalating demand for computing power in an increasingly digital Sri Lankan economy. The new center is expected to go live during the second quarter of 2021.
“Sri Lanka is a nation that is blessed in many ways, but especially with IT, we are yet to scratch the surface of this nation’s true potential. The fact that we are now able to establish Tier 3 certified data hosting services that are globally competitive, and yet significantly more cost effective than countries like Singapore and Hong Kong, will yield immense opportunities.
“Our ultimate goal is to position Digital Reality to serve as the IT backbone for Sri Lankan enterprises of all sizes, as well as delivering the most reliable offshore data hosting and disaster recovery services for entities across South Asia,” incoming Digital Reality Chairman, Rajendra Theagarajah stated.
Theagarajah will be ably supported in his mission by an illustrious Board of Directors including Dialog Axiata PLC Group Chief Executive Officer, Supun Weerasinghe, Dialog Axiata Group Chief Technology Officer, Pradeep De Almeida, Orion City founder, technologist and serial entrepreneur, Jeevan Gnanam, and WNS Founding Director, Eric Selvadurai.
Theagarajah further noted that with major new developments such as the Colombo Port City, as well as the increasing demand for sophisticated IT infrastructure in Sri Lanka, Digital Reality would be well positioned to support the digitalization journeys of Sri Lankan corporates. Meanwhile, the island’s historically low levels of seismic activity, strong global IT connectivity through multiple submarine cables and extremely competitive cost structures would make it an ideal choice for international organizations and investors alike.
Digital Reality’s entire High Density Data Center will be optimally located at the Orion City IT Park in Colombo, providing a particularly valuable option for Sri Lankan enterprises seeking a convenient, cost-effective site for their primary data centers. This central location will enable easy access, world-class supporting infrastructure with strong capabilities to serve emerging and established economic hubs in Colombo and in the areas around the Bandaranaike International Airport.
In addition to the data center and related managed services, Digital Reality will also offer disaster recovery solutions and aims to launch a portfolio of value-added services, ultimately enabling a new breed of technologies such as AI, Machine Learning and Data analytics to help accelerate the digitalization of Sri Lanka.
Business
Cross-border supply chains seen as key to new business opportunities
By Ifham Nizam
Australian High Commissioner to Sri Lanka Matthew Duckworth described Omega Traders’ latest investment in a modern dhal-processing facility as a strong example of how cross-border supply chains can translate into productive investment, local value addition and new business opportunities in Sri Lanka.
The investment, which adds a 150-metric-tonne-per-eight-hour-day processing capacity to Omega Traders’ operations, marks a significant expansion of the company’s manufacturing footprint as it celebrates 45 years in Sri Lanka’s food commodity industry.
Speaking at the inauguration of the new Lentil and Orid Dhal Processing Factory in Wattala, last Friday, H.C. Duckworth said the facility represented more than an increase in production capacity, pointing to the wider economic value created when Australian agricultural production is connected with Sri Lankan processing and distribution.
‘This facility is not operating on its own. It is part of a long supply chain and a trade partnership between Sri Lanka and Australia, Duckworth said.
His comments placed the Omega Traders’ investment within a broader commercial context: Australia brings agricultural production and established export capabilities, while Sri Lanka provides processing capacity, labour, market access and opportunities for further value addition.
The investment comes as Sri Lanka continues to look towards greater domestic processing and value-added manufacturing rather than relying solely on the import and distribution of finished commodities.
Dr. (Mrs.) Siddhika G. Senaratne, Director General/CEO of the Sri Lanka Standards Institution (SLSI), who attended the inauguration as Guest of Honour, highlighted the importance of quality assurance in food processing and the role of standards in maintaining confidence across the supply chain.
The facility is equipped with new-generation cleaning, processing, sorting and quality-control machinery, including advanced colour-sorting technology, automated systems and an in-house quality-control laboratory.
The additional capacity will support Omega Traders’ three principal Mysoor Dhal brands — Rainbow Jumbo Dhal, Komas Dhal and Rozanna Dhal — which serve different segments of the Sri Lankan market.
But the investment also has a distinctly local agricultural dimension.
Through its Orid Dhal operation, Omega Traders plans to source locally grown black matpe from Sri Lankan farmers and process it at the new facility.
That creates a domestic value chain linking farmers to industrial processing and consumers, while potentially increasing demand for locally produced agricultural commodities.
Duckworth said this type of business partnership could generate benefits for both countries.
‘Australia produces some of the world’s best agricultural products and we are very efficient and very capable at trading them. But that alone is not going to bring success to Australia. Just as building a factory like this is not going to bring success to Sri Lanka, he said.
‘It’s when we bring these entities together that our products produced in Australia can be processed in excellence here in Sri Lanka that enables this to be a success, the H.C. explained.
The investment therefore combines two complementary supply streams: imported agricultural commodities, including Australian-origin products, and locally produced black matpe for the Orid Dhal operation.
For Sri Lanka, the business significance extends beyond Omega Traders itself. Increased processing capacity creates demand for logistics, packaging, distribution, services and agricultural inputs, while supporting employment within the food-processing ecosystem.
Business
Ideal Motors makes history with multiple workplace excellence accolades
HR-led transformation places people, culture and business performance at the heart of the organisation
Ideal Motors (Pvt) Ltd,has achieved a significant milestone by securing multiple prestigious workplace and organisational culture accolades in 2026, reinforcing its position as an employer of choice in Sri Lanka’s automotive sector.
Among its latest achievements, Ideal Motors has been recognised as one of the 20 Great Workplaces for Young Talent in Sri Lanka 2026, ranked No. 1 and awarded the Gold Medal in the Small and Medium category of Best Workplaces™ in Sri Lanka 2026, and ranked No. 18 among Best Workplaces™ in Asia in the Medium Scale category—the highest-ranked Sri Lankan organisation in the category. The company also received Industry Excellence for Workplace Culture – Trading Industry.
The Young Talent recognition was presented at the Great Place To Work® CXO Forum 2026 held on 10 September 2026 at Cinnamon Life, Colombo. The recognition followed an evaluation of more than 100 certified organisations and highlights workplaces that create meaningful opportunities for employees under 35 to develop, contribute and grow.
At the Best Workplaces™ in Sri Lanka Awards Gala 2026, held on 11 September 2026 at Cinnamon Life, Colombo, Ideal Motors achieved another historic milestone by entering the Best Workplaces Sri Lanka list for the first time and securing the No. 1 Gold Medal in the Small and Medium category. The company also achieved No. 18 in Best Workplaces™ in Asia, reflecting the strength of its workplace culture beyond Sri Lanka.
These achievements represent more than a collection of awards. They reflect the transformation taking place within Ideal Motors, where people, culture and business performance are increasingly viewed as interconnected drivers of sustainable growth.
Over the past few years, the organisation’s HR function has evolved from a predominantly administrative role into a strategic business partner, with greater emphasis on employee experience, capability development, engagement, performance, communication, wellbeing, diversity and inclusion, and data-driven HR practices.
Business
AAC takes seat belt safety message to Colombo motorists
The Automobile Association of Ceylon (AAC) conducted a seat belt safety awareness programme in front of its headquarters and along Galle Face Centre Road, encouraging motorists and passengers to make seat belt use a habit on every journey.
AAC staff, working alongside officers of the Sri Lanka Police Traffic Division, distributed specially designed hanging tags and stickers to drivers. The material carries a clear reminder that seat belts protect drivers as well as passengers in both the front and rear seats.
The public awareness drive was held ahead of the requirement taking effect on 20 September 2026, under which seat belt use becomes mandatory for every occupant of a vehicle travelling on an expressway.
AAC emphasized that the regulation should be understood as a life-saving measure rather than only a legal obligation. Wearing a seat belt can help prevent occupants from being thrown inside or from a vehicle during a collision and can lessen the severity of injuries.
The Association said road safety legislation must be supported by sustained public education, visible enforcement and responsible behaviour by all road users. The participation of the Traffic Police helped the campaign reach motorists directly in a busy part of central Colombo.
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