Connect with us

Business

Art and Architecture exhibitions highlight a thriving arts scene

Published

on

Six of the country’s leading arts organisations announce projects and events that celebrate Art, Architecture and Design during the first half of 2022

The year 2022 marks the start of a series of important and unmissable art and architecture events taking place in Colombo involving artists from across the country and internationally. Six of Sri Lanka’s leading arts organizations are coming together to raise awareness and promote their respective projects to the city’s residents and returning tourists. Each of their upcoming projects clearly positions Colombo as a must-see destination for local and international art. The participating galleries and institutions are Colomboscope, the Museum of Modern and Contemporary Art Sri Lanka (MMCA Sri Lanka), the Geoffrey Bawa Trust, the John Keells Foundation in partnership with the George Keyt Foundation, Saskia Fernando Gallery and Barefoot Gallery Colombo.

Natasha Ginwala, Artistic Director, Colomboscope, speaking at the event said, “We are celebrating the seventh edition of the interdisciplinary art festival Colomboscope that will be the first event to start off art events in the city from 21 to 30 January 2022. This edition of the festival will bring together over 50 Sri Lankan and international artists, especially fostering South Asian dialogue and encounters with cultural practitioners from the diaspora with exhibitions and events spread over six locations in Colombo. Embarking from the words of poet-artist Cecilia Vicuña: ‘Language is Migrant’ – artistic and literary contributions map hybrid belonging, diasporic lineages, and coerced dislocation. Across six chapters, this edition explores how language relations form our selfhood and affinities that outweigh the bind of nationhood and citizenship. Between the counterpoints of stillness and motion, we situate practices that critically explore emancipatory and forced mobility—for we cannot deny that the world as we know it is composed of movement at galactic, human, and atomic levels. Artists compose, decipher and perform as vital travellers and storytellers of our times. Often, repairing relations by drawing material articulations from deep losses, silence and erasures while inventing language forms as bridges between communal narratives, official records, and submerged histories.”

The second event, will be by The Geoffrey Bawa Trust, and will commence on February 01st, 2022. It is Essential to be There is the first major exhibition that draws from the archives to look at Bawa’s practice. Organised in four thematic sections, exploring relationships between ideas, drawings, buildings and places, the exhibition explores the different ways in which images were used in Bawa’s practice. Over 120 documents from the Bawa archives, most of which have previously never been shown publicly, will be on view, including a section on unbuilt work and Bawa’s own photographs from his travels. Although Bawa’s work has been exhibited at multiple venues in the UK, USA, Australia, India, Brazil, Singapore and Germany, this is the first exhibition on Bawa’s work to be shown in Sri Lanka. The exhibition is curated by the Geoffrey Bawa Trust’s curator Shayari de Silva, and includes new photographs and video works by Sebastian Posingis, Dominic Sansoni and Clara Kraft Isono. The exhibition is on view from 1 February until 3 April, 2022 at The Stables at Park Street Mews in Colombo 02. Open daily from 11 a.m.–7 p.m., it is presented in English, Sinhala and Tamil languages. The exhibition is accompanied by an extensive public programme of talks, tours and workshops as well as a website with additional digital content to enhance accessibility of the works on view. This exhibition received generous financial support from the primary partner Kohler, local partners Nations Trust Private Banking, Crystal Property Group, JAT Holdings and the venue partner, Park Street Mews.

Speaking at the event Sharmini Pereira, Chief Curator, MMCA Sri Lanka, said, “We are delighted to work alongside such a stellar lineup of arts organizations in Sri Lanka to promote art and architecture in the country. We hope this drive creates awareness about the high calibre and diversity of art activities taking place in Sri Lanka. MMCA Sri Lanka will be launching our second exhibition titled ‘Encounters’. The exhibition will run from 11 February to 28 August 2022 and will be presented at our new location inside Crescat Boulevard. ‘Encounters’ brings together 56 artworks as part of an exciting series of changing displays that draw from the art collections of the George Keyt Foundation and John Keells Holdings as the starting point. The exhibition will include work by 18 modern and contemporary artists and will include a 6-month trilingual public programme that is free and open to everyone. ‘Encounters’ is generously supported by the John Keells Foundation, the European Union and the Foundation for Arts Initiatives. Artworks have been kindly loaned to the exhibition from collectors in Sri Lanka and internationally.

John Keells Foundation, the CSR entity of John Keells Group, announced that they together with The George Keyt Foundation are organising the open-air Kala Pola event in August/September 2022. In 2021, due to the COVID-19 pandemic restrictions, Kala Pola went online for the first time on www.srilankanartgallery.com hosted by John Keells Foundation, and following its success and to continue to empower artists during the pandemic, Kala Pola went online once again in the form of a Christmas Edition in December. Kala Pola has evolved as an eagerly anticipated event in the arts and culture calendar of Sri Lanka providing a platform for over 300 visual artists to connect with over 30,000 visitors from around the world each year, as a launchpad for emerging artists and a forum for artists and art professionals to network and learn while promoting public social dialogue through the powerful medium of art.

John Keells Foundation also noted that the Gratiaen Trust – which it partners as primary sponsor – will be organizing the annual Gratiaen Prize event in late June/early July and is also planning a series of events to mark its 30th anniversary this year. The Trust was founded by Sri Lankan-Canadian writer Michael Ondaatje with his Booker prize money for `The English Patient’ and its objective is to promote Sri Lankan creative writing in English and translations of Sinhala and Tamil literature into English. Its flagship event is the Gratiaen Prize which is awarded annually to the best work of creative writing in English submitted by a Sri Lankan resident in the country.

For the first quarter of 2022, in addition to the monthly calendar of exhibitions, Saskia Fernando Gallery (SFG) is pleased to announce the participation of artists Chandraguptha Thenuwara and Saskia Pintelon in the forthcoming Venice Biennale 2022, Italy. The installations by both artists will be a part of the Personal Structures Exhibition presented by the European Cultural Centre Venice. This January, SFG is also kicking off the first projects of the A4A Production Fund, established in 2021 in collaboration with the Udayshanth Fernando Foundation, with the aim of lending support to emerging contemporary Sri Lankan artists. The fund will support three Sri Lankan artists in the creation, exhibition and publication of their selected project. Finally, the #SupportLocalArt Talk Series supported by Nations Trust Bank Private Banking, established in 2021 with the intention of creating a much needed platform for conversation on the developments of the Sri Lankan art industry, will establish an independent youtube channel as an archive of previous talks and in keeping with the objective of the talk platform to engage the entire industry, SFG will be passing the baton to the MMCA for the next round of conversations.

For further information please contact:

MMCA Sri Lanka

Kishani Gunasekera

UBER Minds

kishani@uberminds.lk

0777 369195



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Binance signals a maturing Crypto pitch in Sri Lanka

Published

on

The community at the event

Frames crypto investing as a ‘measured journey rooted in knowledge and security’

In an industry often characterised by velocity, volatility and viral marketing, Binance’s latest community activation in Sri Lanka suggested a deliberate recalibration of its investor messaging.At its #BinanceHODLove event held at One Galle Face Mall, the world’s largest crypto exchange by trading volume chose a Valentine’s-themed slogan that stood out for its restraint: “Real Love Doesn’t Rush, Neither Should Crypto: A Valentine’s Message for Smart Investors.”

Behind the seasonal branding lies a more strategic theme – one that aligns with the crypto industry’s post-cycle shift toward compliance, literacy and risk awareness.

Sri Lanka’s retail investor base has demonstrated periodic interest in digital assets, particularly during phases of currency pressure and global crypto rallies. Yet market participation has also exposed gaps in financial literacy and susceptibility to high-yield promises.

Binance’s messaging at the event leaned heavily into investor caution. Participants were reminded to scrutinise unsolicited offers, avoid guarantees of quick returns, and protect sensitive information such as private keys and passwords. In a market where informal crypto schemes have occasionally surfaced, such emphasis reflects reputational risk management as much as community engagement.

The company also spotlighted Binance Academy, its educational platform, positioning knowledge acquisition as foundational to long-term participation in blockchain ecosystems.

While the event featured raffles and consumer electronics giveaways to drive footfall, the broader objective appeared to be brand consolidation at the grassroots level. Physical activations in high-traffic urban centres suggested a hybrid strategy: digital scale complemented by localised trust-building.

For a global exchange operating in increasingly scrutinised regulatory environments, nurturing responsible retail participation is both a defensive and expansionary move. By framing crypto investing as a “measured journey rooted in knowledge and security,” Binance is aligning itself with the industry’s pivot toward sustainability rather than speculative exuberance.

The subtext of the campaign was clear: growth in emerging markets like Sri Lanka will depend less on price momentum and more on credibility.

Binance’s Valentine’s message, therefore, may be less about romance and more about risk calibration. In that sense, the slogan captured a broader industry truth: endurance, not impulse, will define the next phase of digital asset adoption.

By Sanath Nanayakkare

Continue Reading

Business

Unlisted tax jitters frizzle CSE rally; analysts flag spillover fears

Published

on

Morning gains on the Colombo Stock Exchange (CSE) evaporated sharply in afternoon trade yesterday, as a wave of nervous selling swept through the market triggered by speculation that the government is mooting a fresh 10-15 percent tax on unlisted corporates. Although the proposed levy is currently targeted at entities outside the CSE purview, market participants grew wary that the measure could signal a broader shift in fiscal policy, stoking fears of future tax hikes that may eventually engulf listed companies and dent corporate earnings.

Amid those developments, the turnover was capped at a mere Rs 369 million despite fourteen crossings.

The top seven crossings mainly contributed to the turnover were Commercial Bank 1.60 million shares crossed to the tune of Rs 359.7 million and its share price traded at Rs 223, Renuka Foods 2.7 million shares crossed to the tune of Rs 179.6 million and its share price traded at Rs 63.50, LOLC Holdings 300,000 shares crossed to the tune of Rs 171.9 million and its share price traded at Rs 573, Sampath Bank 821,000 shares crossed to the tune of Rs 132 million and its share price traded at Rs 161, Commercial Bank (Non-Voting) 484,000 shares crossed to the tune of Rs 98.9 million and its share price traded at Rs 204, Sierra Cables two million shares crossed to the tune of Rs 69.6 million and its share price traded at Rs 34.80 and Citizens Developments Business Bank (Non-Voting)  200,000 shares crossed to the tune of Rs 62.9 million and its share price traded at Rs 324.

In the retail market top seven companies that have mainly contributed to the turnover were Renuka Agri Rs 1.14 billion (82.4 million shares traded), Softlogic Finance Rs 653.9 million (115 million shares traded), Sampath Bank Rs 270.8 million (1.65 million shares traded), Softlogic Capital Rs 230 million (19.3 million shares traded), JKH Rs 201 million (nine million shares traded) ,LOLC Holdings Rs 171.9 million (297,000 shares traded) and LMF Rs 171 million (1.8 million shares traded). During the day 369 million shares  volumes changed hands in 39059 transactions.

It is said that banking and agriculture related companies performed well.  In the banking sector  Sampath Bank and Commercial Bank performed well. Further manufacturing sector especially JKH also significantly active in the market.

By Hiran H Senewiratne

Continue Reading

Business

ComBank loan book grows by Rs. 541bn to top Rs. 2tn

Published

on

The Commercial Bank of Ceylon achieved another performance milestone in 2025, becoming the first private sector bank in the country to expand its loan book beyond Rs. 2 Tn., with a growth of Rs. 541 Bn. over 12 months at a monthly average of over Rs. 45 Bn., demonstrating its commitment to national economic resurgence.

Recording the highest annual loan growth in absolute terms in the history of the institution, the Bank said gross loans and advances for the year ending 31st December 2025 grew by 36.37% to Rs. 2.028 Tn., taking total assets to Rs. 3.258 Tn. This reflected an increase of Rs. 468 Bn. or 16.78% and demonstrated more than double the growth recorded in 2024. The Bank’s net assets value per share improved to Rs. 198.30 from Rs. 170.94 at end 2024.

Deposits grew by 16.65% or Rs. 372 Bn. over the 12 months to end the year at Rs. 2.6 Tn., reflecting an average deposit growth of over Rs. 30 Bn. per month despite relatively lower interest rates, the Bank said. The CASA ratio of the Bank, which is considered to be the industry’s best, stood at 39.65% from 38.07% as at 31st December 2024.

Sharhan Muhseen, Chairman of Commercial Bank said: “We remain focused on the fundamentals that sustain shareholder value: earnings resilience, balance sheet strength, disciplined risk management and a strategy that is responsive to evolving customer and market needs. Our 2025 performance affirms the value of that focus.”

Sanath Manatunge, Managing Director/CEO of Commercial Bank said: “In 2025, we proved that scale and discipline can move together, growing lending and accelerating digital activity while strengthening asset quality and balance sheet resilience.”

In a filing with the Colombo Stock Exchange (CSE) the Bank said it recorded gross income of Rs. 354.81 Bn. for the year ending 31st December 2025 reflecting growth of 13.70% over the normalised figure for 2024, after adjusting for the impacts of restructuring of Sri Lanka International Sovereign Bonds (SLISBs) accommodated in that year, in order to avoid potential distortion of growth figures. Net gains / (losses) from derecognition of financial assets in the Income Statement for 2024 (as reported) included a derecognition loss on restructuring of SLISBs amounting to Rs. 45.108 Bn.

Continue Reading

Trending