Business
AI recommended as central to shaping the future
By Ifham Nizam
Artificial Intelligence (AI) is not just an emerging field; it is central to shaping the future, said Sri Lanka Institute of Information Technology (SLIIT) Chancellor Professor Lakshman Ratnayake.
He added: “This initiative addresses Sri Lanka’s need for a skilled, job-ready workforce, while also positioning the nation as a hub for innovation in South Asia.”
In a historic milestone for higher education in Sri Lanka, SLIIT and Deakin University, Australia, have joined forces to introduce the nation’s first Australian Bachelor’s Degree in AI.
This groundbreaking program enables Sri Lankan students to complete Deakin University’s globally acclaimed AI degree entirely within Sri Lanka, marking a new chapter in the two-decade-long partnership between the institutions.
The official launch which took place last Thursday at the NH Collection, was attended by key figures, including Australian High Commissioner Paul Stephens, Pro Professor Bas Baskaran from Deakin University and Professor Lakshman Ratnayake, Chancellor of SLIIT. The event celebrated the innovative collaboration aimed at delivering world-class education tailored to the growing demand for AI expertise in Sri Lanka and the South Asian region.
The three-year program offers a comprehensive curriculum combining SLIIT’s local expertise with the academic excellence of visiting Deakin faculty. Students will gain in-depth knowledge in AI, machine learning, data science, robotics, and ethical AI, ensuring a strong foundation in both theory and practical application. Designed with industry input, the program equips graduates with the skills needed to thrive in the rapidly evolving technology sector.
What makes this initiative particularly appealing is its flexibility. Students have the option to transfer and complete any part of their degree in Australia, providing a seamless international education experience. Additionally, merit-based scholarships covering up to 25% of tuition fees are available for high-achieving students, making quality education more accessible.
Speaking at the event, Australian High Commissioner Paul Stephens highlighted the growing Australia-Sri Lanka education partnership, noting its vital role in strengthening bilateral relations. “With over 30 bilateral partnerships and more than 18,000 Sri Lankans currently studying in Australia, this collaboration underscores the enduring value of our educational ties. This AI degree program is a significant step forward, reflecting our shared commitment to fostering innovation and addressing global challenges.”
Professor Bas Baskaran, Pro Vice Chancellor of Deakin University, echoed these sentiments, emphasizing the program’s transformative potential. “This isn’t just another degree. It’s a gateway to the future, designed to shape leaders in one of the most critical fields of our time. Our partnership with SLIIT has always been about delivering excellence, and this initiative takes our collaboration to new heights.”
He said that with a focus on hands-on learning and industry-focused projects, the program ensures students are prepared to tackle real-world challenges. Collaborative projects with peers in Australia further enhance the international scope of the program, providing a truly global perspective.
As Sri Lanka continues to embrace technology and innovation, the launch of this AI degree represents a critical step toward building a future-ready workforce. Prof. Lalith Gamage, Vice Chancellor of SLIIT, remarked, “This program is more than just an academic milestone; it’s a testament to what we can achieve through collaboration. By fostering AI expertise, we are not only shaping the future of our students but also contributing to the growth and resilience of Sri Lanka’s economy.”
Business
Mattala Wildlife Unit to boost revenue, tourism and investor confidence
The launch of a dedicated wildlife unit at Mattala Rajapaksa International Airport is expected to deliver significant economic benefits by improving aviation safety, strengthening eco-tourism and enhancing Sri Lanka’s investment appeal, Wildlife Conservation Department Director General Ranjan Marasinghe said.
Speaking at the signing of a Memorandum of Understanding between the Department of Wildlife Conservation and Airport and Aviation Services (Sri Lanka) Limited, Marasinghe said the initiative links conservation directly with national development and revenue generation.
“This is more than an administrative step—it is a forward-looking initiative that aligns conservation, aviation safety and national development in a single strategic effort,” he said.
He noted that wildlife management at airports is globally recognised as essential for reducing bird strikes and wildlife-related disruptions, which can lead to costly repairs, delays and operational losses.
By proactively managing such risks, the Mattala Wildlife Unit is expected to lower potential costs for airlines and airport operators while improving efficiency and confidence among carriers considering future operations.
Marasinghe said the airport’s proximity to premier tourism destinations such as Yala National Park and Udawalawe National Park, together with marine tourism opportunities including Blue Whale watching, gives Mattala a strong commercial advantage.
“This convergence of aviation and wildlife tourism creates an extraordinary opportunity,” he said, adding that the airport has the potential to become a major gateway for high-value eco-tourism.
Industry observers note that wildlife tourists generally spend more on guided safaris, hotels, transport and local experiences, generating stronger foreign exchange earnings and employment opportunities for surrounding communities.
Marasinghe said integrating environmental standards into airport operations would also improve Sri Lanka’s global image at a time when investors and international travellers increasingly value sustainability.
“By integrating environmental considerations into airport operations, we position Sri Lanka more favourably on the global stage, demonstrating that we are a nation committed to sustainability, responsibility and innovation,” he said.
He expressed hope that the Mattala model would be replicated at other international airports, creating long-term savings, stronger environmental governance and wider economic returns.
The Director General said the Department of Wildlife Conservation remains committed to supporting the national economy through new and meaningful avenues while protecting Sri Lanka’s natural assets.
“Conservation must also contribute to development,” he said, stressing that protecting biodiversity and generating growth can go hand in hand.
By Ifham Nizam
Business
Aitken Spence Elevators and CINEC usher in a new era for Sri Lanka’s elevator industry
Aitken Spence Elevators, in collaboration with CINEC Campus, recently held the Certificate Awarding Ceremony for the latest batch of trainees of the Elevator Serviceman Course at the Elevator Training Centre (ETC). The graduates were awarded their NVQ Level 3 certifications, marking a significant milestone in their professional journey within Sri Lanka’s vertical transportation industry.
The certification programme was developed in partnership with the National Apprentice and Industrial Training Authority (NAITA) and the Ministry of Vocational Training & Skills Development, ensuring trainees received industry-recognised qualifications, alongside strong practical competencies. The ceremony was attended by directors of both Aitken Spence and CINEC Campus, as well as staff members, lecturers, and invited guests of the graduating students
Anuka Prashan Pieris was recognised as the Most Outstanding Student of the batch in appreciation of his exceptional performance and commitment throughout the programme. The Elevator Training Centre plays a vital role in addressing the growing demand for skilled elevator service technicians through structured training and hands-on learning. The facility features Sri Lanka’s first Elevator Training Tower, offering trainees practical exposure aligned with both local and international standards.
All graduates of the current batch have already commenced their careers as technicians and supervisors at Aitken Spence Elevators. Their seamless transition into the workforce reflects the programme’s strong emphasis on developing job-ready professionals capable of contributing effectively from day one.
Business
Sterling Steels wins Merit Award at SLIA Annual Product Awards 2026
COLOMBO, SRI LANKA– Sterling Steels (Pvt) Ltd, a premier manufacturer of high-quality globally renowned steel roofing & cladding, announced it has been honored with a prestigious Merit Award at the Sri Lanka Institute of Architects (SLIA) Annual Product Awards 2026. The national recognition was awarded in the highly competitive Zinc-Aluminium Coated Profile Steel Sheet category, underscoring the company’s dedication to excellence, innovation, and superior quality in the Sri Lankan construction industry.
The award was presented during a grand ceremony held at the esteemed Nelum Pokuna Theatre, a key event in the nation’s architectural and construction calendar. The SLIA Annual Product Awards are widely regarded as a benchmark for quality and design excellence, with products rigorously evaluated by a panel of distinguished architects and industry experts. Receiving this Merit Award positions Sterling Steels among the top-tier suppliers of building materials in the country.
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