Business
South Asia’s first-ever Reggae Music Festival “ONE LOVE 2026” set to ignite Bentota
NUWA Sri Lanka Hosts Star-Studded Press Conference to Kick-Off the Road to the Festival
Sri Lanka is set to make history as it hosts South Asia’s first-ever Reggae Music Festival, “ONE LOVE 2026 – A Tribute to Bob Marley”, from 27 to 29 March 2026 on the golden shores of Bentota. The three-day festival will take place from 6:00 p.m. onwards, bringing an unprecedented celebration of global reggae culture to the region. The press conference to announce this historic moment was held at NUWA Sri Lanka, the latest ultra-luxury property in Colombo.
This landmark festival will feature six internationally acclaimed reggae icons—the largest gathering of global reggae talent ever seen in Asia and the Pacific:
• Maxi Priest – the “Prince of Reggae”
• The Wailers
• Julian Marley & Ky-Mani Marley – sons of the legendary Bob Marley
• Inner Circle
• Big Mountain
• The festival will also feature four international DJs, with two major artists headlining each night:
• 27 March: The Wailers & Maxi Priest
• 28 March: Inner Circle & Big Mountain
• 29 March: Julian Marley & Ky-Mani Marley
Adding to the excitement, Kingsley Ben-Adir, the lead actor in the 2024 musical drama One Love, and its director Reinaldo Marcus Green, are also set to attend the festival.
With reggae’s deep cultural resonance in Sri Lanka, the festival is expected to draw thousands of local fans along with visitors from India, the Maldives, Bangladesh, and Western travelers escaping winter for Sri Lanka’s tropical warmth.
Organised by Sri Lankan-owned One In A Million Entertainment Ltd., headquartered in Europe and Colombo, in collaboration with Caribbean Entertainment, the event builds on a legacy of bringing global stars such as Shaggy, Diana King, Maxi Priest, and Big Mountain to Sri Lanka.
The event aligns with the celebration of Bob Marley’s 81st birthday on 6 February, enriching its cultural and emotional significance. Normal tickets are priced at Rs.10,000 per day and VIP tickets are priced at Rs. 50,000 per day. For all Reggae music enthusiasts wanting a Festival Pass for all three days, there is an Early Bird Offer at Rs. 25,000 (normal tickets) and Rs. 125,000 (VIP tickets). Tickets will be available on the PickMe Events platform.
A part of the proceeds from One Love Festival ticket sales will be donated to children’s orphanages water purification project carried out by the Indian Cultural Association in Sri Lanka. One Love Festival is also working with the Bob and Rita Marley Foundation to support its charity activities in Jamaica.
The festival’s international artist delegation—an estimated 70-member crew—will be hosted at the iconic NUWA Sri Lanka, Colombo’s newest ultra-luxury lifestyle and entertainment destination owned by Melco Resorts & Entertainment.
Speaking on the partnership, Michael Habashi, Vice President & Property General Manager of City of Dreams Sri Lanka, said: “City of Dreams Sri Lanka is proud to be the hospitality partner of South Asia’s first Reggae Festival. As Colombo’s emerging entertainment hub, we are committed to strengthening the city’s cultural and artistic fabric. Welcoming world-renowned reggae legends reflects our mission to champion creativity, support the arts, and bring globally iconic experiences to Sri Lanka.”
Business
ADB pledges over $1 billion annually to Sri Lanka in post-cyclone recovery push
Asian Development Bank (ADB) President Masato Kanda met with Sri Lanka Prime Minister Harini Amarasuriya at ADB’s Manila headquarters recently. The meeting reaffirmed the strong development partnership between ADB and Sri Lanka, with both leaders underscoring their commitment to post-cyclone recovery, inclusive growth, and advancing women’s equality.
“Sri Lanka’s resilience in the face of crises has been remarkable,” said Kanda. “We are committed to helping Sri Lanka rebuild after Cyclone Ditwah, while also investing in the country’s future by empowering women entrepreneurs and strengthening education and essential skills.”
Looking ahead, ADB is ready to provide more than $1 billion annually to Sri Lanka from 2026 to 2029. This financing will target macroeconomic stability, private sector-led growth, education and skills development, and resilient infrastructure. Key initiatives include a major digital transformation program to help unlock Sri Lanka’s digital economy, alongside support for its accession to the Regional Comprehensive Economic Partnership to deepen its integration into regional trade and investment networks.
During their discussion, Kanda emphasized ADB’s response to the devastation caused by Cyclone Ditwah. Building on emergency financing already mobilized, ADB is fast-tracking an emergency assistance loan to restore damaged infrastructure and support affected livelihoods.
With Dr. Amarasuriya serving as the keynote speaker for ADB’s International Women’s Day event, the leaders highlighted women’s equality as a cornerstone of inclusive development. Kanda noted ADB’s long-standing work as an implementing partner of the Women Entrepreneurs Finance Initiative, which expands access to finance, business skills training, and policy reform for women-owned enterprises. This partnership has helped drive lasting change, with Sri Lanka becoming one of the first countries to adopt the Women Entrepreneurs Finance Code at the national level in March 2025.
Dr. Amarasuriya also engaged in dialogue facilitated by ADB to advance Sri Lanka’s skills agenda, including discussions on referencing skills and qualifications with the Association of Southeast Asian Nations and on mutual areas of interest with the Philippines related to technical and vocational education and training.
Business
New Board appointed to lead Unit Trust Association of Sri Lanka
The Unit Trust Association of Sri Lanka (UTASL) announced its new Board of Directors, appointing Jeevan Sukumaran of SENFIN Asset Management as President. The Board assumes leadership at a time of significant growth and resilience in Sri Lanka’s Unit Trust industry. Over the past five years, the number of unit holders has more than doubled, while assets under management have grown substantially, reflecting a clear shift in investor behaviour amid evolving economic conditions.
The 2026–2027 Board includes Vice President Kavin Karunamoorthy (First Capital Wealth Management), Secretary Asanka Herath (Lynear Wealth Management), Assistant Secretary Gayan De Silva (Capital Alliance), and Treasurer Wishan Perera (Softlogic Invest).
President Jeevan Sukumaran highlighted the importance of expanding the industry’s reach and increasing retail participation nationwide. “Whilst the Unit Trust industry has grown significantly in recent years, the next phase must focus on broadening retail investor participation across Sri Lanka’s different geographic/demographic sectors, with the key priority being strengthening investor education and awareness, particularly outside major urban centres. Improving financial literacy and expanding access to professionally managed investment solutions are essential to building long-term confidence and encouraging more Sri Lankans to invest in unit trusts.”
The new Board intends to build on the industry’s recent momentum by prioritising investor education, digital accessibility, and product innovation. Over the coming years, enhanced digital platforms are expected to make Unit Trust products more accessible, enabling investors across the country to participate in capital markets in a convenient and transparent manner.
Business
Indiya at Cinnamon Life enters a flavourful new chapter
Colombo’s vibrant dining landscape has received a fresh infusion of flavour with the renewed culinary direction of Indiya, the signature Indian restaurant perched high above the city at Cinnamon Life at City of Dreams. With celebrated Indian chef Mukesh Joshi now steering the kitchen, the restaurant is presenting a menu that celebrates the depth, diversity and soul of Indian cuisine while subtly weaving in Sri Lankan influences.
Located on the spectacular Level 23 of the sprawling Cinnamon Life complex, Indiya’s setting itself feels like a prelude to the culinary journey that unfolds at the table.
The restaurant’s sweeping views of Colombo’s skyline provide a dramatic backdrop to a menu designed to take diners across India’s many culinary regions — from the fragrant biryani traditions of Awadh to the bold spice profiles of coastal kitchens.
At the heart of this new chapter is Chef Mukesh Joshi, a culinary craftsman whose career spans some of India’s most renowned hospitality institutions as well as prominent dining establishments in the Middle East.
Having honed his skills at luxury hotels such as The Westin and St. Regis Mumbai before leading kitchens in Dubai’s thriving Indian dining scene, Joshi is known for his ability to balance traditional flavours with contemporary finesse.
At Indiya, his philosophy is simple yet compelling: celebrate the authenticity of Indian cooking while creating dishes that encourage sharing and conversation.
The experience begins with a vibrant array of small plates that capture the playful spirit of India’s street food traditions. The crisp Sev Papdi Chaat offers bursts of sweet, tangy and spicy notes, while a generous Pakora Platter brings together an assortment of golden-fried fritters that evoke the comforting flavours of roadside tea stalls across the subcontinent.
From there, the menu moves naturally into the world of the tandoor — the clay oven that lies at the heart of many Indian kitchens. Among the highlights is the Hariyali Tandoori Gobi, where cauliflower is marinated in a fragrant blend of herbs before being charred to smoky perfection. Equally intriguing is the Rajma Galouti, a vegetarian reinterpretation of the famed Lucknowi kebab, delivering a melt-in-the-mouth texture that surprises and delights.
Seafood lovers will find much to savour as well. Jhinga Koliwada, a coastal delicacy of spiced prawns fried to a crisp exterior, offers a lively contrast to the delicately seasoned Rawa Fried Surmai. These dishes reflect Chef Mukesh’s confident handling of spice and texture — two essential pillars of Indian cooking.
No Indian dining experience would be complete without the ritual of sharing freshly baked breads, and Indiya’s basket arrives warm and inviting. Chilli Cheese Naan brings a playful modern twist to a classic favourite, while flaky parathas and stuffed Aloo Kulcha provide comforting companions to the restaurant’s richly spiced curries.
By Ifham Nizam
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