Business
A Brick at a Time: How RYTHM Foundation is supporting low-income, conflict-affected Sri Lankans
RYTHM Foundation, the social impact arm of the global QI Group, embarked on a Sustainable Community Project (SCP) in Sri Lanka in 2019 to rebuild the lives of 500 low-income families in one of the country’s poorest districts post the Sri Lankan Civil War.
A legacy of the project is a brick manufacturing facility that has contributed to gradually rebuilding the lives of residents in Mullaitivu district, where more than 70% of households live below the poverty line.
The project is a collaboration between RYTHM, LEADS Sri Lanka, and Habitat for Humanity Sri Lanka. The NGOs LEADS and Habitat are actively involved in transforming lives and building homes for low-income families across Sri Lanka.
The facility is far from a conventional brick factory. Instead, the plant produces compressed stabilised earth bricks (CSEB) – an eco-friendly alternative to cement blocks. Raw materials used in the production of CSEBs are responsibly sourced. In addition, the bricks are cured naturally with solar power instead of wood-fired furnaces that contribute to deforestation and air pollution.
The plant has changed innumerable lives in the district – and naturally for the better.
Although he was rehabilitated and reintegrated into society after the 26-year confrontation ended, Thevathason faced extreme difficulty landing a job – until he was employed as a labourer in the factory. As a result, he is finally earning a decent wage to sustain his family.
Another inspiring narrative involves Radeesh, a young man who struggled to repay his debts as he desperately tried to rebuild his family home after the conflict. Today, he is employed as a driver in the factory and hopes to save enough money to provide a decent life for his family and provide a permanent roof over their heads.
Sivakumari is another beneficiary of the community sustainability project. She has the manufacturer to thank for her project office job and a stable income after being displaced by the war and abandoned by her husband.
Yet another poignant story is that of Paraman and his family. They lived in numerous camps during the war before returning home with a sick child. Again, the factory played a significant role in helping the family reconstruct their property.
RYTHM has supported several initiatives that encourage and empower communities throughout Sri Lanka. The country is especially close to the heart of its Founder, Umayal Eswaran, who was born and raised in Colombo.
Nonetheless, Umayal is as passionate about uplifting vulnerable communities elsewhere in the world.
“Projects that encourage livelihood generation and self-sustenance are needed among all affected communities no matter where they are,” Umayal says. “RYTHM Foundation believes in contributing towards making such efforts a reality.”
RYTHM’s SCP initiatives help transform economically affected populations worldwide into self-sufficient communities in the long term. The programme has helped innumerable beneficiaries – from children to women, urban poor to rural communities, to social and micro-enterprises.
Local partners are provided grants to establish and facilitate programmes that promote and strengthen the Foundation’s three primary focus areas: Education, Gender Equality, and Sustainable Human Development. The initiative also embraces a fundamental RYTHM goal: empowering lives and transforming communities.
Business
Business, economic heavyweights converge in Colombo
Senior business leaders, economists and international development experts, alongside the Prime Minister of Sri Lanka, will headline the Sri Lanka Economic & Investment Summit 2026, organised by The Ceylon Chamber of Commerce on 12 and 13 October at the Shangri-La Colombo.
The Summit will open with a keynote address by T. Krishnakumar, Chief Executive Officer, Reliance Consumer Products Ltd, who brings more than four decades of experience in the consumer brands and FMCG sectors. Having previously served as President of Coca-Cola India and Southwest Asia, with extensive experience in building businesses and driving growth across emerging markets, Krishnakumar, more popularly known as Kk, now leads Reliance Consumer Products as it expands across categories and builds new customer, partnership and market opportunities.
Day 2 will bring together four international perspectives across discussions on economic resilience, regional connectivity, sector growth and digital transformation.
Lilia Aleksanyan, Senior Country Economist for Sri Lanka at the Asian Development Bank, will open the day’s discussions with a focus on Sri Lanka’s economic resilience. Her work covers the country’s macroeconomic outlook, policy advice and macro-fiscal and financial-sector reform. Her international policy experience also includes roles at the French Ministry of Finance and the French Central Bank.
The Summit will then turn to Sri Lanka’s connections with regional markets, with P. D. Singh, Chief Executive Officer, India & South Asia, Standard Chartered Bank, delivering the keynote for the session on trade corridors and value chains. Singh counts close to three decades of experience in banking and finance, with senior leadership roles spanning Standard Chartered, JPMorgan Chase Bank and HSBC.
The Sector Deep Dives will bring international perspectives to discussions on healthcare and energy.
Tushar Shroff, Chief Financial Officer, Zydus Lifesciences Ltd, will deliver the keynote for the healthcare discussion, drawing on more than three decades of experience in corporate finance, strategic investment and financial transformation. His career spans senior finance and leadership roles with ABB, Piramal Healthcare, Intas Pharmaceuticals and Vedanta Group, giving him a broad perspective on the business and investment decisions shaping the healthcare sector.
For the energy-focused deep dive, Edore Onomakpome, Regional Infrastructure Industry Manager for Bangladesh, Sri Lanka and Nepal at the International Finance Corporation, will bring extensive experience in infrastructure investment and project finance across emerging markets. Since joining IFC in 2013, she has held senior roles across Africa and South Asia, including managing IFC’s infrastructure portfolio across 16 countries.
The Summit will conclude its keynote programme with Prime Minister Dr. Harini Amarasuriya, who will deliver the keynote for “Nation Building in the Digital Age.” The Prime Minister also oversees the Ministry of Education, Higher Education and Vocational Education, bringing a direct policy perspective to discussions on digital transformation, innovation, education and the skills needed for a changing economy.
Together, these perspectives will bring regional, international and policy insight to SLEIS 2026 as Sri Lanka considers how to strengthen economic resilience, attract investment, deepen regional connections and develop new sources of growth.
Held under the theme “Positioning Sri Lanka in a Changing Global Economy: Resilience, Reform, and the Future of Economic Policy,” SLEIS 2026 will take place on 12 and 13 October 2026 at the Shangri-La Colombo.
The Sri Lanka Economic & Investment Summit 2026 is supported by its valued sponsors and partners. Platinum Sponsor – Standard Chartered Bank Sri Lanka, Gold Sponsor – VISA Worldwide (Pvt) Ltd., Bronze Sponsor – South Asia Gateway Terminals (Pvt) Ltd., Strategic Development Partner – Asian Development Bank, Telecommunication Partner – Dialog Telecommunication, Television Partner – Dialog Television, Session Sponsors – David Pieris Motor Company (Pvt) Ltd., Hemas Holdings PLC, Sunshine Holdings PLC, International Construction Consortium (Pvt) Ltd., Microsoft Sri Lanka (Pvt) Limited, Official Logistics Partner – Hayleys Advantis Limited, Official Airline – SriLankan Airlines Ltd., Official Hospitality Partner – Shangri-La Colombo, Airline Partner – China Eastern Air Holding Co. Ltd.
Registrations for SLEIS 2026 are now closed. The Ceylon Chamber looks forward to welcoming participants to the discussions on Sri Lanka’s future trajectory on 12 and 13 October.
Business
Commercial Bank launches ‘Prestige’ banking for HNW clients
Commercial Bank of Ceylon has launched ‘Prestige’, a three-tier banking proposition aimed at high-net-worth (HNW) clients, combining wealth management, advisory services and lifestyle benefits.
The initiative replaces the bank’s existing ‘Elite’ private banking brand with Ruby, Sapphire and Diamond tiers, designed to cater to customers according to their wealth profiles and banking relationships.
The bank said Prestige would provide dedicated relationship managers, priority branch services, preferential rates on loans and deposits, enhanced card privileges, family banking programmes and offshore account solutions.
Its wealth and investment management services include access to capital-protected income solutions, dual-currency investments, institutional deals and estate and portfolio governance.
Clients will also have access to specialist financial and corporate advisory services, including assistance with international relocation, overseas property and capital repatriation.
The programme includes lifestyle benefits such as VIP airport lounge access, travel concierge services, property management and medical coordination, as well as access to selected art and culinary events.
The bank said its flagship Prestige banking residence at R.G. Senanayake Mawatha, Colombo 07, had been refurbished, with the service to be extended to other economically important cities.
Commercial Bank Managing Director/CEO Sanath Manatunge said Prestige was intended to support customers in managing their wealth, business interests, family needs and long-term legacy.
Existing Elite clients are being transitioned to the new programme, the bank said.
Business
Ceylinco Life rewards 80 sales achievers with overseas tours
Ceylinco Life has rewarded 80 members of its sales force with overseas tours to Vietnam and China for their outstanding performance in the company’s 2025 sales competitions.
The group comprised 62 sales achievers who travelled to Vietnam and 18 who visited China.
The Vietnam tour included visits to Hanoi’s Ho Chi Minh Complex, One Pillar Pagoda, Tran Quoc Pagoda and Hoan Kiem Lake. The group also travelled to Ha Long Bay, where they went on an Aurora Cruise and explored attractions including Sung Sot Cave, Luun Cave and Titop Island.
The tour also featured a sunset party aboard the cruise, with music and refreshments.
The 18 achievers who travelled to China visited several of Beijing’s major historical and cultural attractions, including Tiananmen Square, the Forbidden City and the Summer Palace. They also took a boat ride on Kunming Lake.
A highlight of the China tour was a visit to the Mutianyu section of the Great Wall, including a round-trip cable car ride. The group also attended an acrobatic show at Chaoyang Theatre and visited the Panda Garden at Beijing Zoo.
The company said the tours were organised to recognise and reward sales personnel for their performance and achievements.
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