Business
A plastic intervention in Arugam Bay
The beach and the ocean are both idyllic escapes for many. It can appeal to one’s senses, from swimming in the sea to exploring sea life or pressing one’s feet against the wet beach sands. However, enjoying such pleasures becomes problematic when the beaches and ocean are polluted due to anthropogenic activities.
A study submitted to the Marine Pollution Bulletin in 2020 stated that factors contributing to Sri Lanka’s pervasive environmental issues stem from fisheries, mismanaged harbour operations, and tourism. There are people and organizations in Sri Lanka involved in mitigating and providing solutions to improper plastic waste management by reversing these misdoings.
Waste Less Arugam Bay (WLAB) is one such entity focused on building a green and sustainable tourist destination in Arugam Bay. Founded in 2018, Hendrik Konzok, founder and director of WLAB, was operating a manufacturing company, Rice and Carry, making bags and fashion accessories from upcycled materials. During this time, businesses and tourists in Arugam Bay suggested that WLAB upcycle discarded plastic bottles.
Henry and his team saw the value in collecting plastic bottles for recycling. WLAB was then established to educate and collect plastic waste disposed of improperly. “Tourism is one of the largest contributors to the waste plastic issue. The increase in plastic pollution in A’bay is due to the rise in the need for bottled water consumption by tourists,” stated Hendrik.
He also noted that before the COVID-19 outbreak, over 5000 tourists traveled to Arugam Bay per day. Henry’s team would find about 5000 – 15,000 PET bottles discarded irresponsibly onto roads and waterways. COVID-19 has drastically reduced the amount of PET waste discarded in Arugam Bay, owning to a drop in tourism and island-wide travel restrictions.
A WLAB truck is deployed every day to collect plastic from all across Arugam Bay. Waste is then brought back to the facility for bailing before sending it to Eco Spindles, Sri Lanka’s largest plastic recycler. Henry and other collectors like him also earn by handing waste plastics for the recycling giant. “WLAB is an intervention. We want to educate tourists on waste management so they know the importance of ensuring that plastic waste is disposed of properly. We are in the business of changing people’s behaviour through awareness,” noted Hendrik.
Tourists are shown how bottles are compressed before transportation. They are also invited to use the machinery at the WLAB facility to make products such as surfboard wax combs and key tags. These are made out of shredded and melted plastic bottle lids, which creates value perception.
Their mission to educate does not stop there. WLAB houses a water filtration system in their facility where tourists can refill their bottles. The bottle is placed on a balance, and when it is refilled to one litre, the balance tips. Then the opposite end of the balance shows that by filling a bottle, they have mitigated using seven litres of water, 200 grams of oil, and other resources needed to manufacture one PET bottle. “We noticed between 2018 and 2019 that businesses offering refills grew from 8 places to 20 places, which is great to see,” remarked Hendrik.
Knowing the value WLAB creates in Arugam Bay, Eco Spindles also provides recycled polyester yarn that WLAB sources to make tote bags out of recycled plastic. “Though we are still in the product development phase, we thank Eco Spindles for sending us polyester yarn to test. This provides opportunities to the cottage and village level industries in craft, to create jobs and build livelihoods,” praised Hendrik. Using discarded plastics, Eco Spindles produces value-added products. This includes polyester yarn for global apparel brands and monofilaments for some of the world’s biggest brush producers.
WLAB also looks at innovatively combatting pollution through a plastic credit system when plastic is collected by working with Pristine Ocean and Empower.eco. “Any company in the world with a plastic footprint who wants to become plastic neutral can measure how many kilos they are releasing to the environment. These companies can then buy the same amount of plastic to be removed from the environment through organizations like mine. This money then enables us to do commercial level beach clean-ups in Arugam Bay,” noted Hendrik.
This is the story of an organization that is educating and offering solutions to waste-related issues. The efforts of Henry’s team will be fruitless if strides are not taken to have stronger legislation. Corporations and people need to be held accountable for the mismanagement of plastic waste. Governments and local authorities must have proper infrastructure and incentives to improve the collection and disposal of plastic. We need to be conscious, and we need your support!
Business
Sri Lanka rolls out digital signature framework to accelerate digital economy
Sri Lanka has launched a National Digital Signing Framework, a foundational initiative paving the way for paperless governance. This strategic move eliminates the need for physical signatures and documents in government transactions, aiming to dramatically enhance efficiency, transparency, and accessibility for citizens and businesses. An analyst said that this could accelerate Sri Lanka’s governance and commercial relationships with other countries as traditional signatures make room for digitally signed documents accepted by the government.
In this significant step toward accelerating Sri Lanka’s digital transformation, eMudhra, a global leader in digital identity and security solutions, has entered into a strategic partnership with LankaSign the only Certification Service Provider (CSP) in the country that complies with the Electronic Transactions Act No. 19 of 2006, operated by LankaPay, Sri Lanka’s national payment network during recently held inauguration of INFOTEL 2025 ICT exhibition at Sirimavo Bandaranaike Exhibition Hall.
The LankaSign–eMudhra partnership brings together the strengths of LankaPay’s legally recognized digital signing certificates issued via LankaSign – the pioneering digital Certification Service Provider in Sri Lanka established in 2009 – and eMudhra’s globally trusted emSigner platform, which has enabled secure digital document signing across more than 68 countries since 2008. Through this collaboration, Sri Lankan citizens and businesses will be able to experience a seamless, secure, and user-friendly digital signing solution, enabling documents to be signed anytime, anywhere using iOS, Android, or web-based applications.
This partnership with eMudhra aligns with the national agenda to promote adoption of digital documents, reduce dependency on paper-based processes, and facilitate a more efficient, transparent, and secure digital economy. This collaboration aims to support the government’s long-term digitalization roadmap by enabling a secure digital documentation layer essential for e-government services, digital finance, and digital transformation.
By Sanath Nanayakkare
Business
Dialog & University of Moratuwa launch open-source Sinhala Voice Model
In a significant move to accelerate technological innovation in Sri Lanka, Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, and the Dialog-University of Moratuwa (UoM) Research Lab, has announced the release of SinhalaVITS, a state-of-the-art, open-source Text-to-Speech (TTS) model for the Sinhala language.
This non-commercial initiative delivers a powerful, high-quality, and natural-sounding Sinhala voice model to the public, making it freely accessible to developers, researchers, and students. The model is available for download on Hugging Face, the world’s largest open-source AI community, empowering anyone to build and experiment with advanced voice technology.
The SinhalaVITS model is the result of a deep-rooted collaboration that unites Dialog’s industry leadership with the academic excellence of the Dialog–UoM Mobile Communications Research Lab, fulfilling a vital need within Sri Lanka’s tech community for accessible, high-performance tools that drive innovation. By removing cost and licensing barriers tied to proprietary software, Dialog is empowering developers and researchers while fostering a more inclusive, collaborative, and future-ready AI ecosystem. This initiative further reinforces Dialog’s commitment to advancing Sri Lanka’s digital future—investing in open-source technology and academic partnerships to nurture local talent and lay the foundation for next-generation digital services built by Sri Lankans, for Sri Lankans.
Business
HNB signals ESG commitment with oversubscribed LKR 10 bn sustainable bonds
The Hatton National Bank PLC (HNB PLC) commemorated raising LKR 10 bn with its first ever issuance of sustainable bonds by way of a market opening ceremony conducted on the trading floor of the Colombo Stock Exchange (CSE) last week.
The 9th December issuance of 100 mn listed, rated, unsecured senior sustainable bonds, in five year and seven-year tenors, with a par value of LKR 100/- and rated “AA-(lka)” By Fitch Ratings Lanka Limited, was oversubscribed on the same day, raising LKR 10 bn.
Sustainable bonds, which were launched in Sri Lanka for the first time this year, are part of a series of GSS+ (Green, Social, Sustainable & Sustainability Linked) debt instruments. The proceeds of the sustainable bond issuance will be used by HNB PLC to fund the development and installation of solar, wind, biomass and hydropower projects, improve energy efficiency through retrofits, fund the construction of recognized ‘green’ buildings, fund investment infrastructure for water treatment, water conservation and efficient agricultural water technologies, finance housing development, healthcare and education for low- and middle-income families, promote women entrepreneurship, amongst others initiatives.
Damith Pallewatte, Managing Director and CEO of HNB PLC, who was the ceremony’s keynote speaker remarked upon the issuance of sustainable bonds commenting: “HNB’s LKR 10 bn sustainable bond issuance is a landmark step in advancing Sri Lanka’s sustainability agenda.”
Delivering his welcome address at the event, Rajeeva Bandaranaike, CEO of CSE, remarked upon rising corporate engagement in CSE’s GSS+ debt instruments stating: “HNB’s Sustainable Bond represents a welcome new addition to the list of leading Sri Lankan financial instruments that have set the example for the success of CSE’s GSS+ Bond framework which have allowed the capital market to operate as a financing vehicle for sustainable and socially equitable projects.”
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