Business
Delikedali Wewa starts restoration under Sampath Bank’s ‘Wewata Jeewayak’ programme
Sampath Bank recently started the restoration process of the Delikedali wewa in Dambana, Mahiyanganaya. The tank built recently as 1979, acts as the main water supply for 104 acres of paddy fields in the area and provides more than 90 families with their livelihoods. It is also of the utmost importance for the livelihoods of the indigenous community in the area. Despite its importance to the local community, the tank has not had any repair or maintenance since it was built.
The tank’s sludge levels have risen constantly in the past few decades, resulting in difficulties to store large quantities of water. As the bunt and sluice are in need of reconstruction, many farmers as well as indigenous people living in the area face hardships. However, with the assistance of the ‘Wewata Jeewayak’ initiative, the spill and water canals are in the process of being developed, which would ease the trouble of citizens having to trudge miles in search of water for irrigation and consumption purposes. This restoration is a reflection of the Bank’s newest Corporate Campaign, ‘Pohosath Minissu: values that bind us beyond a transaction,’ which brings a fresh and vibrant perspective to their iconic brand. Pohosath Minissu believes that true wealth lies not only in material wealth, but also in shared beliefs and values, which binds the Bank to the whole of Sri Lanka: to its people and nature. By committing to restoring the Delikedali wewa, under the ‘Wewata Jeewayak’ restoration programme, Sampath Bank has reaffirmed its commitment towards Sri Lanka’s people, particularly its indigenous community.
“Today, it is no secret that now more than ever, we feel the importance of the farmer who enables us to eat our daily rice,” said Sampath Bank’s Executive Director / Chief Financial Officer – Ajantha De Vas Gunasekara, attending the groundbreaking ceremony of the tank’s restoration. “It is our duty to protect the farmers and provide the necessities they need in kind. If there is no water, there is no farming. Therefore, maintaining the water supply and the irrigation system is essential. Unfortunately, many of our tanks have now fallen into disrepair, something we’re aiming to change with the ‘Wewata Jeewayak’ programme. We’re certain with the restoration of this tank, the farming community will obtain added benefits and aid for a prosperous tomorrow.
President of the Delikedali Wewa Farmers’ Association Ajith Amarasiri, giving his thoughts, said: “Almost everyone in this region lives by farming. For some time, we were able to farm very well, and we received water as needed from the tank. But with the tank falling into disrepair, we’re unable to cultivate even a seasons’ worth. We decided it was time to repair this tank. But we didn’t have the resources to do so. We’re very happy that Sampath Bank saw our suffering and stepped in to help us. They took up not just repairing the tank, but also repairing our lives.”
Begun more than twenty years ago, ‘Wewata Jeewayak’ is a committed, coordinated effort to rebuild and restore the traditional irrigation network and thus ensure a dependable supply of water for dry zone farmers to cultivate their paddy lands and reap the harvests of both the Yala and Maha paddy seasons. To date it has restored and given back a total of 12 tanks in the country, with several more completing their restoration processes.
Simultaneously with this ‘Wewata Jeewayak’ programme, another step under the ‘Gasai Mamai – Pubudu Pothai’ tree planting programme was launched at Primary Viddyala, Dambana in Mahiyanganaya Education Zone by distributing saplings of fruit plants to school children, along with the responsibility of planting and taking care of it within the school premises. A nationwide state project, this aims to improve school children’s understanding of the environment, as well as enhance their agricultural skills while developing a source of financial income for the school.
Sampath Bank is a 100% local bank that has deeply rooted itself in the lives of the people of Sri Lanka. Established in 1987, the bank has become a state-of-the-art financial institution that continues to be a market leader today thanks to its constant innovation and customer focused approach to business. It has introduced many firsts to the Sri Lankan banking sector including introducing ATMs to Sri Lanka, extended banking hours, slip-less banking and adaptation of block-chain technology to name a few. As part of its visionary 2022 approach, the bank is steadily transforming itself into a ‘tech company engaged in banking,’ from the traditional approach of a bank adopting technology.
Business
Sri Lanka eyes India grid link as ADB pushes Pan-Asia energy integration
Sri Lanka’s long-discussed electricity grid connection with India is gaining renewed momentum, as the Asian Development Bank (ADB) intensifies efforts to promote cross-border energy integration across the region.
At the ADB Annual Meetings in Samarkand, Senior Director for Energy, Priyantha Wijayatunga, identified the proposed India–Sri Lanka grid interconnection as the most promising avenue to strengthen the island’s power sector. The concept dates back to the 1970s, when Sri Lanka, following the completion of the Mahaweli Development Project, even explored the possibility of exporting electricity. However, rapid economic growth and rising domestic demand shifted the country toward energy imports.
Today, with energy security and cost pressures mounting, the idea has regained urgency. “The time is right,” Wijayatunga said, stressing that political will and financing will be decisive. While undersea transmission cables make the link technically viable, costs remain a major challenge. The ADB, he confirmed, stands ready to support Sri Lanka as a development partner in advancing the project.
Sri Lanka’s prospects are closely tied to a broader regional vision being advanced by the ADB through its Pan-Asia Power Grid Initiative (PAGI). The initiative aims to transform how energy is produced, shared, and consumed across Asia and the Pacific by promoting cross-border electricity trade and grid connectivity.
PAGI is designed not merely as a collection of projects, but as a systems-level integration platform that connects national grids into subregional and eventually continent-wide networks. Its core objectives include bridging energy gaps, enhancing energy security, integrating large-scale renewable energy, and strengthening resilience across interconnected systems.
A key pillar of PAGI is leveraging the region’s resource complementarity. Countries in South Asia, for instance, possess uneven but highly complementary energy resources—hydropower in Nepal and Bhutan, and solar and wind potential in India. By linking grids, countries like Sri Lanka could tap into these diverse energy sources, reducing dependence on costly fossil fuel imports while improving reliability.
ADB estimates suggest that deeper regional power trade in South Asia could yield substantial economic benefits, including lower system costs and more efficient energy distribution. The initiative also envisions mobilizing up to $50 billion in investments by 2035, expanding transmission infrastructure, and improving electricity access for millions.
For Sri Lanka, integration into such a regional grid could be transformative. A connection with India would allow the country to import affordable electricity during shortages, stabilize supply, and support its transition toward cleaner energy. It could also open the door to future participation in a wider South Asian power market.
With feasibility studies and policy discussions already underway, and with ADB backing firmly in place, Sri Lanka’s long-envisioned grid connection with India now appears more achievable than ever.
As the Samarkand meetings underscore the urgency of regional cooperation in an increasingly uncertain energy landscape, Sri Lanka stands at the threshold of a new chapter—one where energy security is strengthened not in isolation, but through connection.
by Sanath Nanayakkare in Samarkand, Uzbekistan
Business
Oceans in crisis: Sri Lanka hosts ‘Sharks International 2026’ amid stark warnings
Sri Lanka this week finds itself at the centre of a deepening global ocean crisis, as leading scientists, policymakers and conservationists gather in Colombo for Sharks International 2026—a high-profile summit unfolding against mounting evidence that the world is rapidly losing control of its marine ecosystems.
The conference, now underway at the Bandaranaike Memorial International Conference Hall, marks the first time the prestigious forum has been hosted in Sri Lanka. But beneath the diplomatic language and scientific exchanges lies a far more urgent reality: the collapse of shark and ray populations is no longer a distant environmental concern—it is an unfolding economic and food security emergency.
More than 100 million sharks and rays are being wiped out globally each year, largely due to overfishing and illegal, unreported and unregulated (IUU) fishing. In Sri Lanka, the situation is particularly acute. Of the 105 species recorded in local waters, nearly 70 are now threatened with extinction, a statistic that scientists warn should set off alarm bells far beyond conservation circles.
Deputy Minister of Environment Anton Jayakody did not mince words when addressing the gathering, framing the issue not just as an ecological tragedy but as a looming economic shock.
“This is not just about saving species. It is about protecting the foundation of our fisheries, our food systems, and the livelihoods of thousands of Sri Lankans. If shark and ray populations collapse, the consequences will ripple through the entire marine economy,” he said.
Sharks and rays sit at the top of the ocean food chain. Their disappearance disrupts the delicate balance of marine ecosystems, triggering cascading effects that can decimate commercially valuable fish stocks. For a country like Sri Lanka—where coastal communities depend heavily on fisheries—this is not an abstract threat but a direct challenge to economic stability.
Yet despite years of warnings, critics argue that global action has been dangerously slow, fragmented, and often undermined by competing commercial interests.
By Ifham Nizam
Business
SriLankan Airlines leads with two category wins in South Asia at PAX Awards
SriLankan Airlines led with two wins in the Airline Award category for South Asia, securing both Best Overall Passenger Experience and Most Improved Airline at the PAX International Readership Awards 2026 held recently in Hamburg, Germany. The awards celebrate the industry’s best and brightest, with winners determined by votes from PAX’s global readership.
The Best Overall Passenger Experience – South Asia award recognises an airline that delivers an exceptional onboard experience to passengers across multiple service areas, including meal service, inflight entertainment and seating. At SriLankan Airlines, this entails meticulous planning at every stage of the passenger journey, supported by collaboration among multiple teams and continuous monitoring and refinement.
Maria Sathasivam, Manager Product Development of SriLankan Airlines, commented on the achievement, stating, “we are incredibly honoured to receive yet another independent endorsement of the service we deliver. Every interaction matters to us, and we are committed to consistently meeting and exceeding passenger expectations, and it is truly rewarding to see these efforts recognised.”
SriLankan Airlines continues to enhance the end-to-end travel experience, from booking through to arrival. Ongoing digital upgrades, including improvements to the airline’s website and app, are designed to deliver a more intuitive and seamless customer experience, supported by AI-driven features and expanded ancillary offerings. At its hub, the Bandaranaike International Airport in Colombo, the airline has also expanded self-check-in and bag drop facilities for added convenience.
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