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Vision to Reality: A Year of Learning, Leadership and Global Engagement for COYLE

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Manjula Wijesundara

Over the past year, the Chamber of Lankan Entrepreneurs (COYLE) continued its journey under the theme “Vision to Reality,” demonstrating how ideas can be transformed into meaningful action. Guided by a clear philosophy, learn, develop, and then expand globally, COYLE focused on empowering its members with knowledge and leadership capabilities before strengthening international partnerships and global engagement for Sri Lankan entrepreneurs, a COYLE news release said.

The year began with a strong emphasis on learning and development, recognizing that informed and capable entrepreneurs are the foundation of a resilient economy. COYLE organized a series of programmes designed to equip members with the skills needed to navigate a rapidly evolving business environment. Among these were sessions focused on Artificial Intelligence and digital transformation, as well as discussions on cybersecurity, helping business leaders understand the growing importance of protecting their organisations in an increasingly digital world.

Complementing these initiatives was a psychology and data session, which explored how behavioural insights and data-driven decision-making can enhance leadership and organisational performance. A major highlight of the year’s learning agenda was the Harvard Business School programme, which introduced global strategic frameworks and leadership thinking to COYLE members, providing exposure to the practices that shape successful businesses worldwide.

The chamber also continued to inspire leadership through the ‘I Am COYLE Leadership Forum’, where entrepreneurs and industry leaders gathered to share experiences and insights. The forum featured former Australian cricketer, coach, and entrepreneur Jason Gillespie as keynote speaker, whose reflections on teamwork, resilience, and leadership resonated strongly with the entrepreneurial community.

COYLE’s commitment to nurturing the next generation of entrepreneurs was equally evident. Through its Back-to-School initiatives at Lyceum International School and D.S. Senanayake College, members engaged directly with students, sharing their entrepreneurial journeys and encouraging young people to explore innovation, leadership, and enterprise.

With this strong foundation of learning and development, COYLE expanded its focus towards strengthening international engagement and diplomatic relationships. Throughout the year, the chamber held meetings with several high commissioners and ambassadors, creating opportunities for dialogue between Sri Lanka’s entrepreneurial community and global partners. These engagements helped build pathways for trade, investment, and international collaboration.

COYLE also facilitated inbound business delegations from Taiwan, Switzerland, and Nepal, providing platforms for Sri Lankan entrepreneurs to connect with international business leaders and explore new opportunities for market access and cooperation.

Strategic partnerships were another important milestone. During the year, COYLE signed Memorandums of Understanding with JETRO (Japan External Trade Organization), AHK Sri Lanka representing German Industry and Commerce, and the Sri Lanka–New Zealand Business Chamber. These collaborations aim to expand global opportunities for Sri Lankan businesses and strengthen international economic ties.

In addition, COYLE partnered with Sampath Bank and Mastercard to introduce the COYLE World Mastercard, offering members a specialized financial solution designed to support their business activities and international engagement.

Reflecting on the year, COYLE Chairman Mr. Manjula Wijesundara noted that the chamber’s progress demonstrates the power of collective effort and shared vision. By prioritizing learning, developing leadership, and expanding global connections, COYLE continues to strengthen its role as a platform that empowers entrepreneurs and connects Sri Lankan enterprise with the world.



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A sustained wave of Indian assistance to Sri Lanka showcases defining shift in developmental diplomacy

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Transport Minister Bimal Rathnayake and Indian High Commissioner Santosh Jha at the plaque unveiling ceremony for the Moragahakanda Bridge project, supported by Indian grant assistance.

By Sanath Nanayakkare

An evolving approach to regional diplomacy was brought into sharp focus with the recent foundation-laying ceremony for the Moragahakanda Bridge in Matale.

Jointly launched by Indian High Commissioner Santosh Jha and Minister of Transport, Highways and Urban Development Bimal Rathnayake, this 175-metre span is far more than a routine civil engineering project. It serves as the physical manifestation of a broader USD 450 million reconstruction package deployed by India in the wake of Cyclone Ditwah, which severely fractured the island’s transport arteries.

Foreign aid is too often discussed in cold, macroeconomic abstractions. Yet, every so often, a consistent pattern of targeted assistance alters the landscape of bilateral relations, offering a clear window into how regional partnerships evolve out of necessity and goodwill.

Across the country today, a remarkable narrative of multi-layered cooperation is unfolding.

From critical post-disaster infrastructure and maritime routes to grassroots agricultural uplift and institutional capacity-building, India’s developmental footprint is shifting unmistakably toward an organic, people-centric model of shared resilience.

What distinguishes this latest wave of assistance is its deliberate pivot from emergency support to permanent, climate-resilient transformation. When Cyclone Ditwah initially paralysed regional connectivity, India’s immediate response was marked by the rapid deployment of temporary Bailey bridges.

Today, that swift humanitarian intervention has matured into a structural blueprint: the Moragahakanda project stands as the vanguard of 13 permanent bridges being built across Sri Lanka’s provinces by IRCON International Limited, complemented by upcoming railway upgrades and modern signaling systems backed by a USD 250 million Line of Credit.

The true signature of this diplomatic shift lies in its breadth, operating simultaneously across multiple tiers of society:

Institutional Governance: Delegations of Sri Lankan parliamentarians and senior administrative officers regularly travel to India to study public policy frameworks, legislative systems, and administrative practices.

Economic Lifelines: Financial mechanisms, such as viability gap funding for the Nagapattinam-to-Kankesanthurai passenger ferry service, continue to shrink geographical distances, reviving coastal commerce and tourism.

Grassroots Empowerment: Specialised capacity-building programmes tailored for local stakeholders – ranging from state officials to rural dairy farmers -ensure that development reaches deep into the island’s hinterlands.

By aligning immediate disaster relief with long-term infrastructure, institutional capacity, and human capital, India and Sri Lanka are demonstrating how neighbours can build safer, more connected futures together, grounded firmly in mutual respect and tangible progress.

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Bring your own bag to book fair, CEA urges

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By Ifham Nizam

The Central Environmental Authority (CEA) yesterday urged visitors to the Colombo International Book Fair to bring reusable bags to carry their purchases, as part of a drive to reduce single-use plastic waste at the event.

CEA Director General R. S. P. Kapila Rajapaksha said large quantities of plastic, particularly “sili sili” bags, had been used to carry books at previous book fairs.

“We urge visitors to bring an environmentally friendly, reusable bag when they come to buy books. This simple step can help reduce the use of single-use plastic and protect the environment,” Rajapaksha said.

The book fair opens on September 25, with the CEA and the Sri Lanka Book Publishers’ Association launching an awareness programme targeting book sellers, food vendors and visitors.

The programme will be conducted under the theme “Read Smart, Carry Smart”, focusing on reducing polythene and plastic use throughout the exhibition.

The CEA said the use of plastic bags is also subject to regulations issued under the Consumer Affairs Authority Act. Gazette Extraordinary No. 2456/41, dated October 1, 2025, prohibits the free distribution of handled “sili sili” bags to consumers. Where such bags are sold, the charge must be included in the customer’s bill.

The CEA said food outlets at the book fair would also be required to comply with regulations prohibiting a range of single-use plastic products.

These include plastic straws and stirrers, disposable plastic plates, cups, spoons, forks and knives, as well as polythene-based food wrappers commonly known as lunch sheets.

The CEA said it had discussed the requirements with relevant stakeholders and reached agreement to ensure that prohibited products are not used at food outlets within the exhibition premises.

The authority urged both traders and visitors to cooperate with the initiative and help make this year’s book fair a more environmentally responsible event.

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Japanese investor Yoshimichi Watanabe backs Hunas Holdings

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Yoshimichi Watanabe / Tanaka - Director Hunas Holdings PLC

Partnership signals renewed foreign investor confidence in Sri Lanka as a destination and in the long-term growth of its hospitality sector

Japanese investor Yoshimichi Watanabe has entered into a partnership with Colombo Stock Exchange-listed Hunas Holdings PLC, in a move that comes as the diversified conglomerate prepares a significant expansion of its hospitality and real estate interests in Sri Lanka.

The partnership brings foreign capital and international market experience into one of Sri Lanka’s fastest-diversifying listed groups at a point when the Group is actively building out its pipeline across both sectors. Hunas Holdings is currently evaluating a series of hospitality and real estate developments in Sri Lanka, with further announcements expected in the coming months.

Hunas Holdings PLC operates across hospitality and leisure, real estate, renewable energy and agriculture, with a hotel portfolio that includes Hunas Falls in Elkaduwa

For Sri Lanka, the significance of the partnership extends beyond the two parties. Inbound investment of this nature, from an investor with direct and sustained experience of the market, is a measure of returning confidence in the country as a destination and in the underlying fundamentals of its hospitality sector, at a time when the industry is repositioning towards higher-value, experience-led travel.

Watanabe brings investment experience across e-commerce, hospitality and real estate in Japan and in international markets including Bali, Indonesia. He has also maintained a relationship with Sri Lanka over many years, having made multiple investments in the country, giving him first-hand insight into its business environment, regulatory landscape and long-term potential.

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