Business
SL embassy in rok aggressively promotes economic diplomacy through webinars
The Commercial Division of the embassy of Sri Lanka in the Republic of Korea has been tenaciously and aggressively promoting economic, investment and commercial activity with particular focus on exports from Sri Lanka to the RoK and attraction of foreign direct investments (FDIs) and international joint ventures, among others, to boost and augment the economy of Sri Lanka, given the slowdown due to the COVID-19 pandemic.
During the last couple of months, the embassy in Seoul conducted webinars to promote the exports of tea to the RoK, establish linkages for processing of gems and jewelry as well as exports to the RoK, use Sri Lanka as a hub for boat manufacturing and ship building and high-level meeting with the president and top most management of Hanseo University to establish a branch (FDI) in Sri Lanka, among others.
The embassy in close coordination with the Tea Association of Korea and Sri Lanka Tea Board as well as a large number of importers of Ceylon Tea and potential importers conducted a 90-minute webinar, which included a short video of Ceylon Tea, addresses by Jayampathi Molligoda, chairman of Sri Lanka Tea Board; Niraj De Mel, Deputy chairman of Ceylon Tea Brokers PLC; Shawn S. Jung, Chairman of Tea Association of Korea and opening and closing remarks by ambassador Dr. A. Saj U. Mendis and Ms. Rekha Mallikarachchi, Minister Counsellor (Commercial) of the Embassy of Sri Lanka respectively.
Ambassador Dr. Mendis stated in his opening remarks that the quantum of cups of tea sold in year 2016 has increased by three times, now, thus clearly and lucidly manifesting the growing demand of tea in the RoK. The chairman of Sri Lanka Tea Board and Deputy Chairman of Ceylon Tea Brokers PLC accentuated and illustrated the utility and benefits of tea for health and wellbeing as well as the illustrious history of tea in Sri Lanka for nearly two centuries. Over 80 business houses and importers as well as interested parties pro-actively participated at this fascinating webinar titled “Ceylon Tea Tasting”.
The embassy in close collaboration with Korea Gem Trade Association known as KGTA and National Gem and Jewelry Authority (NGJA) of Sri Lanka conducted a webinar, along with comprehensive graphic presentations, in order to promote exports of gems and jewelry to the RoK. Tilak Weerasinghe, chairman of NGJA and Hong Jae Young, chairman of KGTA as well as the ambassador Dr. Mendis and Minister Counsellor Ms. Mallikarachchi, among others, addressed the webinar. One of the key attributes was to encourage and lure the corporate houses specialized in gems and precious stones to be engaged with Sri Lanka in the sphere of gems and jewelry leading to international joint ventures. Further, the speakers stated that Sri Lanka possesses exquisite craftsmanship and sophisticated creativity, blended with modern technology, thus focusing on excellence on designing and fashioning, making Sri Lanka a unique hub for gems and jewelry in Asia. This webinar too was attended by a large number of participants from both ends of the equation.
Since Sri Lanka has the capacity and technical know-how in boat and shipbuilding industry for many decades, the embassy in close cooperation with Korea Medium & Small Shipbuilding Industry Cooperative (KOMSSIC) and Sri Lanka Boat Building Industry conducted a webinar to profile and project the capacities of Sri Lanka in this sphere. Gamini Herath, Managing Director of boat building Technology Improvement Institute (BTI) and Bae Chui-nam, Executive Director of KOMSSIC made presentations and addresses of the capacities, necessities and requirements of this sector. Both ambassador Dr. Mendis and Commercial Minister Counsellor Ms. Mallikarachchi delivered the opening and closing remarks. Dr. Mendis stated that this sector has a distinct advantage to become a hub in the entire Asian region due to its strategic location, highly trainable and adaptable workforce, state-of-the-art technology, proven expertise and advantage of cost of labor, amongothers.
Business
From Mt. Fuji to Sri Pada: Lessons from a father-son climb
by SK Samaranayake
For Daham Gunasena, reaching the summit of Mt. Fuji with his 12-year-old son was not the end of the journey but the beginning of a different kind of lesson.
Gunasena, Director – Commercial at SPAR Sri Lanka and a senior business leader, academic and Chartered Accountant, spent nearly 12 hours on August 19 climbing Japan’s highest mountain with his son, Methum. After eight hours of climbing, the pair reached the 3,776-metre summit before beginning a demanding four-hour descent to Fujinomiya 5th Station.
“The summit was only halfway,” Gunasena reflected, describing the experience as a lesson in preparation, perseverance and responsibility.
Their journey began two days earlier with a trial excursion to the 6th Station and the volcanic landscape around Mt. Hoei. The experience allowed Gunasena to assess the altitude, terrain, weather and equipment before deciding whether his son was ready for the summit attempt.
The climb itself reinforced the value of taking one step at a time. Rather than focusing on the distant summit, father and son concentrated on the next marker, the next few steps and short periods of rest.
Reaching the summit brought another lesson. After taking photographs and celebrating, they still had four hours of descent ahead of them over loose volcanic terrain.
“Reaching the top was an achievement. Returning safely was success,” Gunasena said.
The experience also prompted him to reflect on how Japan manages Mt. Fuji, including visitor education, digital information, sanitation, transport, safety and environmental protection.
Having climbed Sri Pada 12 times last year and five times so far this year, Gunasena sees opportunities to apply some of these principles in Sri Lanka without compromising the mountain’s unique pilgrimage traditions.
He suggested a comprehensive digital platform for Sri Pada providing information on weather, congestion, transport, sanitation, first aid and emergencies, while educating foreign visitors about its religious significance.
For Gunasena, however, the most enduring lesson was personal: a mountain can teach what lectures cannot—through preparation, perseverance, respect for nature and the shared experience of taking each step together.
Business
FLIR, Marlbo promote smarter industrial maintenance
Sri Lankan industries are being encouraged to adopt advanced condition monitoring technologies to detect equipment problems before they develop into costly failures, as global technology company FLIR and its local partner Marlbo Trading Company strengthen their collaboration.
The companies brought together industry professionals at a technical seminar held on August 20 at Taj Samudra, Colombo, focusing on the use of thermography and acoustic imaging to reduce unplanned downtime, improve energy efficiency and lower maintenance costs.
Organised by Marlbo under the theme “Condition Monitoring Using Thermography and Acoustic Imaging for Measurable ROI,” the seminar highlighted the growing importance of proactive and predictive maintenance in improving equipment reliability and operational efficiency.
FLIR Sales Director – Instrumentation, India, Bhaskar Lala, and APAC Condition Monitoring Specialist David Gambarte shared their expertise on the latest diagnostic technologies and their practical industrial applications.
Thermal imaging can identify abnormal heat patterns linked to electrical and mechanical faults, while acoustic imaging can detect problems that may go unnoticed during routine inspections.
The technology is particularly useful in identifying compressed-air leaks, which can cause significant energy losses and increase operating costs.
Shevon Liyanage, Engineer – Measuring Instruments at Marlbo, also shared insights into applying condition monitoring technologies in the Sri Lankan industrial environment.
Business
Lumbini Tea Valley wins intl award for Singharaja Wirytips
Lumbini Tea Valley Ceylon won an award for its Singharaja Wirytips at The Leafies: International Tea Awards held in London in 2024, marking another international recognition for the Sri Lankan tea producer.
The award comes as the company marks two decades of direct exports, with its premium and organic Ceylon teas now reaching 35 countries across six continents.
Established in 1984, Lumbini Tea Valley began its direct export drive after Chaminda Jayawardana joined the family business in 2000 alongside his father, Dayapala Jayawardana. The initiative materialised in 2006 with the company’s first direct shipment—a 15-kilogram consignment of Flowery Broken Orange Pekoe (FBOP) tea to the United States.
Since then, the company has expanded its direct-export operations, which now account for around 20% of its total manufacturing output. Following its transition to organic production, approximately half of its organic tea output is exported directly by the company.
Its key export markets include Japan, the United States, France, the Netherlands, Switzerland and Australia, with direct shipments now reaching 35 countries.
The company said its direct-export model would continue to expand amid growing international demand for traceable, single-origin Ceylon tea, with premium and organic grades at the centre of its export strategy.
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