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Southbeach Weligama – a celebration of modern beachfront living

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106 apartments on Weligama beach from $129,000 equivalent of 26 million rupees

An investment of USD 16 Mn which is LKR 3.2 Bn with 40% foreign and 60% local buy

Unique design features combining internationally acclaimed architecture design combined with Sri Lankan artisanal craft

Balmond Studio’s signature design in Colombo is Cinnamon Life

The beautiful Weligama coast will soon play host to Sri Lanka’s most exciting new freehold address – SouthBeach Weligama. These 106 apartments offer exceptional value designed by the internationally renowned Balmond Studio, designers of Cinnamon Life, Colombo. With an investment of USD 16 Mn (LKR 3.2 Bn), the property currently has 40% foreign and 60% local buying where the initial booking deposit is 5% and signing of the Sale & Purchase Agreement is 20%.

Balmond Studio combines over 50 years’ experience in architecture and design having worked on the Gherkin in London, Bird’s Nest in Beijing and Australia’s Sydney Opera House among others with Cinnamon Life being its visionary ideal for Colombo’s transforming skyline. It’s London and Colombo design studios renowned for innovation, creativity and passion for modern design is led by Sri Lankan born Cecil Balmond OBE, the world’s leading thinker on form and structure. His son John Balmond who leads the Southbeach Weligama project explains the unique proposition Balmond Studios adds to the Sri Lankan property development landscape.

“Southbeach Weligama offers an affordable alternative to a 5-star hotel infusing a complete, distinctive and ethical lifestyle, promising year-round yield, setting a new trend for coastal living,” he says. “In 2017, the Oxford Business Group predicted that beachfront properties in Sri Lanka will increase in value by 50% and in fact, Weligama land values have increased 84% since 2016 as per a report by Jones Lang Lasalle. With these statistics depicting the high value Southbeach Weligama narrates, our one and two bedroom apartments at 727 square feet and 1,137 square feet respectively are predicted to bring in a gross rental yield of 6.5%.”

Balmond Studios has partnered with global commercial property and investment management company Jones Lang LaSalle Inc. which has offices in 80 countries, to position a high level team at Southbeach Weligama to ensure investments are secure and in safe hands.

Besides a 75 meter beachfront and 35 meter swimming pool, John says, “Our entire look is a celebration of modern Sri Lankan talent, from showcasing local artists in the art gallery to having all the furniture handmade in Sri Lanka. The feel is about elegant sophisticated beachfront living embracing international lifestyle vignettes with our renowned F&B partner from London operating the restaurant and poolside bar, while our design intertwines the surrounding Sri Lankan landscape in all its multiple hues.”

The eight storey Southbeach Weligama’s oxidized copper façade and blue/green glass balconies reflect the colour palette of the Indian Ocean and surrounding coconut palms. The spacious interiors with its high ceilings, large rooms and balconies are complimented by artisan furniture and lifestyle vignettes handmade by Sri Lankan carpenters and masons.

“We believe strongly in 360 degree sustainability principles being integral in everything we do,” says John of Southbeach Weligama aiming to meet the Platinum standards of the Green Building Council of Sri Lanka. “We infuse the synergies of renewable energy and design into our project, with turbines and solar panels powering the lobby and restaurant areas and rainwater harvesting conserving water. We are building strong relationships with our local communities to not just ensure sourcing local produce but also that every piece of furniture within the property is artistically crafted by Sri Lankan artisans. And for every apartment sold, we will donate USD 1,000 to Lanka Environment Fund towards their conservation projects. It is up to us, to protect today in order to create tomorrow.”



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Priority areas for deepening Japan-SL economic ties

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Executive Committee for the Year 2026/2027

Japan Business Council (SLJBC) of The Ceylon Chamber of Commerce recently held its 47th AGM, with the Ambassador of Japan and the Patron of the Council, Akio ISOMATA, attending as the Chief Guest.

Addressing the gathering, Ambassador ISOMATA outlined three priorities for deepening bilateral economic relations: an effective and forward-looking trade and investment policy, the promotion of domestic industrial policy, and expanded investment in renewable energy. He noted that Sri Lanka’s ongoing review of its Free Trade Agreement policy would be important in shaping the country’s future negotiating landscape. He encouraged Sri Lanka to look Eastward toward Southeast Asia and Japan, proposing that the country adopt an export-oriented industrial model. The Ambassador welcomed the Government’s National Export Development Plan 2026 and National Mineral Policy 2026 as consistent with Japan’s vision of connecting Sri Lanka’s export-related manufacturing sectors with India’s high-growth manufacturing base.

In his address, President Athulla R F Edirisinghe reflected on nearly seven decades of humanitarian and development support extended by Japan to Sri Lanka, and paid tribute to the Chairman of the Sasakawa Peace Foundation Yohei Sasakawa, for his magnanimity in establishing the Foundation. Reflecting on the history of Japanese investment in the region from the 1970s onward, he observed that Sri Lanka had missed many opportunities to attract Japanese foreign direct investment. Highlighting the 2025 proposal for a Sri Lanka – Japan Economic Corridor by the Ministry of Economy, Trade, and Industry Japan, he called on Sri Lankan businesses, industry associations, and the wider community to come together in dialogue with the Government to ensure the country does not miss this opportunity as well.

2026/27 Committee: President: Athulla R F Edirisinghe – Director, Hirohama Ceylon (Pvt) Ltd, Senior Vice President – Ruwan Waidyaratne – Managing Director, Hayleys Advantis Ltd, Vice – President – Shamil Mendis – Managing Director, Spear International (Pvt) Ltd, Treasurer – Rohitha Mendis – Managing Director of Prudential Shipping Lines (Pte) Ltd, Immediate Past President – Mahen Kariyawasan – Managing Director, Andrew The Travel Company (Pvt) Ltd, representatives from Amano Lanka Engineering (Pvt) Ltd, BOV Capital (Pvt) Ltd, Brandix Apparel (Pvt) Ltd, Heritage Teas (Pvt) Ltd, Kalhari Enterprises (Pvt) Ltd, Lanka Harness (Pvt) Ltd, Dentsu Grant (Pvt) Ltd, MAC Holdings (Pvt) Ltd, and Vidullanka PLC. By invitation: HVA Foods PLC (subsidiary of George Steuart & Co), Spillburg Holdings (Pvt) Ltd, and Vaughan Chemicals (Pvt) Ltd.

The Sri Lanka – Japan Business Council plays an important role in promoting trade, tourism, and investments between Japan and Sri Lanka. For membership inquiries contact Kiyara at The Ceylon Chamber of Commerce via E-mail: businesscouncils1@chamber.lk or Tel.: 011 5588875/ 5588800.

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Rekawa turns turtle conservation into a 30-year community business model

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Stakeholders at 30th anniversary celebrations of the turtle conservation project.

By Ifham Nizam

What started 30 years ago as an effort to protect sea turtles has evolved into a community-based economic model that has generated livelihoods, attracted tourists and transformed Rekawa into one of Sri Lanka’s best-known nature tourism destinations.

The Rekawa Turtle Conservation Project, launched on September 2, 1996, by the Turtle Conservation Project (TCP) in partnership with the Department of Wildlife Conservation and the Rekawa community, marked its 30th anniversary last week, demonstrating how biodiversity protection can become an economic opportunity for communities living alongside sensitive natural resources.

Speaking at the anniversary celebrations, TCP chairman Thushan Kapurusinghe said the project currently provides direct livelihoods for 28 people, but its economic impact extends considerably beyond those directly employed by the programme.

‘Today, 28 people directly earn their livelihood through this project. But its impact goes far beyond those 28 individuals, Kapurusinghe said.

He pointed to the transformation of the area over the past three decades, arguing that the growth of tourism in the community has been closely linked to the turtle conservation programme.

‘If you travel from Netolpitiya to this area, you can clearly see how much the village has transformed over the years. There is no doubt that the growth of tourism in this community has been driven by the Turtle Conservation Project, he said.

The economic significance of Rekawa lies in its ability to convert the protection of a natural asset into a source of recurring community income.

Tourists do not come to Rekawa merely to see a beach. They come to witness sea turtles emerging from the ocean and nesting in their natural habitat—a tourism experience that depends directly on the continued protection of the nesting beach.

Kapurusinghe said tour operators regularly bring visitors to Rekawa, with some tourists traveling there after visiting major attractions such as the Kandy Esala Perahera.

The model represents a fundamental shift from viewing conservation as an expense to recognising biodiversity as an economic asset that can generate sustainable livelihoods when properly managed.

The 30th anniversary celebration at the Rekawa Turtle Conservation Project Information Centre brought together Southern Wildlife Region Director of the Department of Wildlife Conservation Channa Suraweera, government officials, conservation organisations, community representatives and long-standing supporters of the initiative.

Individuals who had contributed to the project over the past three decades were also recognised with awards for their service to sea turtle and environmental conservation.

Rekawa’s experience has attracted international attention because of precisely this combination of conservation and community development. The project has received international recognition as well as the Green Employment Award from the Ministry of Environment and Natural Resources. Earlier international recognition included a highly commended ‘Tourism for Tomorrow’ award, while the project’s turtle-watch programme subsequently received further recognition in responsible tourism and conservation.

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Ceylinco Life brings premium policyholders closer to the magic of the Kandy Perahera

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For an evening, the timeless spectacle of the Kandy Esala Perahera unfolded at especially close quarters for a select group of Ceylinco Life’s most valued policyholders and their families, who were hosted to an exclusive viewing experience by the Company’s Customer Relations Division.

Held at the Ceylinco Life Kandy Branch on Kings Street, the annual event coincided with the second Randoli Perahera, bringing guests into the heart of one of Sri Lanka’s most spectacular expressions of culture, tradition and pageantry.

As the procession made its majestic passage through the streets of Kandy, guests enjoyed VIP seating at a prime vantage point, allowing them to experience the colour, movement and grandeur of the Perahera up close. The evening offered a fitting setting for Ceylinco Life to celebrate its enduring relationships with its premium clientele.

The experience extended well beyond the spectacle outside. Guests were welcomed with evening refreshments and an exclusive dinner buffet presented by the prestigious Amaya Hills Resort, adding a fine-dining dimension to an already memorable evening.

Families, too, were at the centre of the occasion. A private movie theatre experience provided entertainment for children and adults alike, while each attending family received a beautifully framed family photograph as a personalised souvenir, a tangible reminder of an evening shared together against the backdrop of one of Sri Lanka’s most treasured cultural traditions.

Besides being a much sought-after opportunity to watch the Perahera, the occasion was an expression of appreciation. Through its continuing Customer Relationship Management activities, Ceylinco Life seeks to create experiences that recognise its most valued policyholders not simply as customers, but as relationships to be celebrated and nurtured. And on this particular August evening, the enduring splendour of the Kandy Perahera provided the perfect setting for doing just that.

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