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Stronger Together: Industry Veterans Initiate Collaboration for Sustainable Tea Industry

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‘Stronger Together’ – a first of its kind initiative aimed at building collaboration among the Ceylon Plantation Community towards a more sustainable tea industry, was launched on March 17 at the Ceylon Chamber of Commerce. The project was introduced with a ceremonial auction and the launch of ‘Wisdom in the Leaf’ publication authored by tea industry veterans and eminent scientists, of which the MJF Charitable Foundation doubled all proceeds, amounting to Rs. 6.9 million, for the benefit of the plantation community.

Wisdom in the Lea

f is an evolution of ‘The History of Ceylon Tea’ project which began in August 2003 as part of Merrill J. Fernando’s commitment to making ‘business a matter of human service’. This service to the industry preserves its knowledge, enhances the appreciation of fine Ceylon tea and offers wisdom and context to future generations of tea planters. It has evolved into what is today the world’s largest free and online information resource on Ceylon tea. The book is a tribute to the generations of men and women who have made Ceylon tea possible; it pays homage to labourers, tea pickers, factory workers, field & factory officers, estate managers, scientists, visit agents, brokers and tea drinkers.

Present at the event were the authors and contributors of the publication, from tea industry veterans to eminent scientists, and members from The Tea Brokers Association, The Tea Exporters Association, The Planters Association, and Tea Companies. The publication was intended to coincide with Merrill J. Fernando’s commemoration of 70 years in tea last year, however, due to the pandemic, the formal launch was delayed to his 71st year, which on his suggestion, has now grown into a tribute to Ceylon Tea. Going beyond this tribute, the MJF Charitable Foundation has put forward a call to action through the ‘Stronger Together’ initiative.

Addressing the essence of wisdom contained in this book and how the ‘Stronger Together’ project will benefit the wider plantation community, Tea Grower and Dilmah CEO – Dilhan C. Fernando said,

“You cannot look into the future without understanding the past. As we look to the future as an industry, this is the MJF Foundation’s open invitation for collaboration towards a sustainable tea industry, because we have a shared future … The ‘Stronger Together’ project will enhance the industry and country’s capability connected with health and nutrition, livelihoods, education and climate change adaptation amongst others … the intention is to strengthen collaboration, to understand the changing socio-economic and environmental dynamics of our plantations and work together, so that we can confront the challenges of the future and build a sustainable industry.” Supporting these sentiments, Anselm Perera – Founder and Managing Director of MLESNA spoke on behalf of the Sri Lankan Tea Exporters, expressing that, “If we don’t go forward as one industry, we don’t have the strength … we should support each other … we should bring forward demands that are common to the trade.” On behalf of the Plantation Fraternity, Dr. Rohan Fernando – Executive Director of Plantations & Business Development, Aitken Spence Group shared the following words,

“My humble appeal to you – The [Tea] Brokers Association, The Tea Exporters Association, The Planters Association, and the [Tea] Companies here – all associated, not only with the tea industry, but the entire plantation industry… There is a lot that all of us can do together. We can take the Ceylon tea industry to the next level and grow together to ensure that the next 150 years of tea in this country will be right up there – second to none in the world. I think we all owe it to the industry.” The MJF Foundation was established by Dilmah Founder, Merrill J. Fernando in fulfilment of his pledge to make making business a matter of human service, it’s activity is evident today in the work done to offer dignified empowerment to less privileged children, youth, women and men, with a specific emphasis on vulnerable communities including children with disabilities – approximately Rs. 300 million is annually dedicated to support these communities. The ‘Stronger Together’ initiative is designed to amplify the current efforts across plantations to build a united and sustainable industry.

 

 



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Stealer malware leaked over 2 million bank cards

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The number of infections with data-stealing malware, 2020-2024 (Source: Kaspersky Digital Footprint Intelligence)

Kaspersky Digital Footprint Intelligence estimates that 2.3 million bank cards were leaked on the dark web, based on an analysis of data-stealing malware log files from 2023-2024. On average, every 14th infostealer infection results in stolen credit card information, with nearly 26 million devices compromised by infostealers, including more than 9 million in 2024 alone. Kaspersky released its report on the infostealer threat landscape while the technology world gathers at MWC 2025 in Barcelona.

Kaspersky experts estimate that approximately 2,300,000 bank cards have been leaked on the dark web. This conclusion is based on an analysis of the log files from data-stealing malware, dated 2023-2024, that were leaked on the dark web market. While globally the share of leaked cards is well below one percent, 95% of the observed numbers appear technically valid.

Infostealer malware is not only designed to extract financial information, but also credentials, cookies and other valuable user data, which is compiled into log files and then distributed within the dark web underground community. An infostealer can infect a device if a victim unknowingly downloads and runs a malicious file, for example one disguised as legitimate software, such as a game cheat. It can be spread through phishing links, compromised websites, malicious attachments in emails or messengers and various other methods. It targets both personal and corporate devices.

On average, every 14th infostealer infection results in stolen credit card information. Kaspersky Digital Footprint Intelligence experts found that nearly 26 million devices running Windows were infected with various types of infostealers in the past two years.

“The actual number of infected devices is even higher. Cybercriminals often leak stolen data in the form of log files months or even years after the initial infection, and compromised credentials and other information continue to surface on the dark web over time. Therefore, the more time passes, the more infections from previous years we observe. We forecast the total number of devices infected with infostealer malware in 2024 to be between 20 million and 25 million, while for 2023, the estimate ranges between 18 million and 22 million,” says Sergey Shcherbel, expert at Kaspersky Digital Footprint Intelligence.

In 2024, Redline remained the most widespread infostealer, accounting for 34% of the total number of infections.

The most significant surge in 2024 was in infections caused by Risepro, whose share of total infections increased from 1.4% in 2023 to almost 23% in 2024. “RisePro is a growing threat. It was first discovered two years ago but seems to be gaining momentum. The stealer primarily targets banking card details, passwords and cryptocurrency wallet data, and may be spreading under the guise of key generators, cracks for various software and game mods,” explains Sergey Shcherbel. Another rapidly growing stealer is Stealc, which first appeared in 2023 and increased its share from nearly 3% to 13%.

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ComBank’s 2023 Annual Report tops Banking sector at ACCA Sustainability Reporting Awards

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Commercial Bank Chief Operating Officer S. Prabagar and members of the senior management accepting one of the ACCA awards.

The Commercial Bank of Ceylon’s prowess in comprehensive disclosure of sustainability-related information to stakeholders has won its 2023 Annual Report two top awards at the 2025 Sustainability Reporting Awards presented by the Association of Chartered Certified Accountants (ACCA).

The Bank was adjudged the overall runner-up and the winner in the Banking category at these awards, repeating the achievement of its 2022 Annual Report which was similarly honoured by the ACCA last year.

The ACCA Sustainability Reporting Awards recognise Annual Reports that clearly acknowledge and explain the economic, environmental and social impacts of the business to internal and external stakeholders, demonstrating the organisation’s policies, targets and long-term objectives towards the goal of sustainable development.

Commercial Bank’s 2023 Annual Report also won two Golds, a Silver and a Bronze at CA Sri Lanka’s ‘TAGS’ Awards 2024, excelling in the key aspects recognised by the awards programme which is dedicated to Transparency, Accountability, Governance, and Sustainability – TAGS.

The Bank won the Gold for ‘Corporate Governance Disclosure’ in the Financial Services sector, the Gold for the Best Annual Report among the private sector banks, the Silver for ‘Digitally Transformative Reporting’ across all sectors, and the overall Bronze award for Excellence in Corporate Reporting.

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UTE Delivers Sri Lanka’s Largest Cat D8 Tractor to NEM Construction

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(From left to right) Deepthi Hewageegana (CEO - UTE), Mani Rajan (Director Distribution - India), Joe Moscato (Vice President - Distribution - Japan & Asia South (India & SE Asia) Caterpillar Inc), Raja Nanayakkara (Chairman / MD - NEM Construction), Prasan Fernando (Chairman - UTE), Priath Fernando - (Director - UTE), Duminda Perera (Senior General Manager - Operations)

Caterpillar equipment dealer UTE has delivered the country’s largest Cat D8 Track-Type Tractor to NEM Construction Pvt. Ltd., marking a significant milestone in heavy machinery. This delivery strengthens the long-standing partnership between UTE and NEM Construction, which spans over 45 years. The Cat D8 is expected to boost operational efficiency in large-scale projects. As the sole authorized dealer for Caterpillar in Sri Lanka, UTE continues to provide top-tier machinery and after-sales support. The handover is particularly notable as Caterpillar celebrates its 100th anniversary. NEM Construction’s Chairman, Raja Nanayakkara, praised the Cat D8’s superior performance and UTE’s unmatched service and parts support, which have been key to the company’s long-term collaboration. This purchase highlights the continued trust in both Caterpillar and UTE’s expertise in supporting Sri Lanka’s construction industry.

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