Business
BoardPAC appointed Knowledge Partner of India’s prestigious Board Stewardship

BoardPAC, the leading board meeting automation company, announced its appointment as knowledge partner of Board Stewardship Inc., an exciting new magazine founded by Vikesh Wallia, a former Board Member of the Times of India Group. ‘This partnership reinforces our commitment to providing cutting-edge solutions and industry insights that empower board members and executives to make informed decisions with ease and efficiency, a press release said.
The release added: ‘BoardPAC states that they are honored to be the knowledge partner of Board Stewardship, the first magazine of its kind, which promises to be a valuable resource for the board members of leading companies in India. The BoardPAC team is thrilled about the opportunity to share their expertise and insights with the readers. They also take the opportunity to congratulate Vikesh Wallia and the entire Board Stewardship Inc. team on this milestone achievement.
‘Vikesh Wallia, the Founder and Managing Director of Board Stewardship Inc stated “It is our pleasure to partner with BoardPAC in this important step towards building first of its kind board community platform across India, and beyond the borders of India too. I wish all the success to BoardPAC!”. Vikesh Wallia is the Hon. Zonal Director (West) of the prestigious Institute of Directors, India (IOD).
‘Lakmini Wijesundera, Founder and Executive Director of BoardPAC added “Thought leadership and innovation is the foremost pillar in BoardPAC’s offering to Board Members. The opportunity to work in partnership with the Board Stewardship program a uniquely impactful initiative by Mr. Vikesh Wallia, and magazine for Board Members has total alignment.”
‘David Rawling, CEO of BoardPAC added “BoardPAC is pleased to support this impactful Board Stewardship program. We hear from our clients, and see ourselves, the demands on modern Boards are complex and constantly changing so the insights the magazine brings are especially critical. It is a pleasure for us to share this content with BoardPAC’s Indian and global network of Governance professionals”.
‘The magazine covers relevant topics such as important Board compliance news, and educational topics for Board Members such as ESG, Carbon, Sustainability, Cyber security. There are many areas of great interest to BoardPAC, especially timely & relevant thought leadership topics such as artificial intelligence and how AI can further enable smart and intelligent features to improve board governance.
‘BoardPAC is a leading board meeting and management meeting platform used by top-ranked clients across 40+ countries, including those in Fortune 500 and Forbes Global 2000 corporations, and over 50,000 Board directors. These include OCBC Banking Group, Petronas, Yes Bank, RBI, BSE, Mercedes, Deloitte, Bank of Singapore, John Keells Holdings, Commercial Bank, Bank of Ceylon, HDFC Limited, Reserve Bank of India, Yes Bank, Taj Group, IDBI Bank and Group, Bank Negara Malaysia, Maxis, Axiata among others. BoardPAC operates seven global offices with a growing multinational team.’
Business
Ceylon Tea conquers Libya: Exports leap 416%

In a world where every strong cuppa tells a unique story, Sri Lanka’s famed Ceylon Tea continues to carve its legacy – one cup at a time. The latest tea export figures for March 2025 reveal a tale of resilience, with total shipments rising to 23.43 million kilograms, up from 21.25 million kgs the previous year.
But the real headline is; Libya’s staggering 416% surge in Ceylon Tea imports – marking a bold new chapter in Sri Lanka’s tea trade. While traditional markets like Iraq and Russia held steady, Libya emerged as the ‘breakout star’, importing 5.31 million kgs in the first quarter of 2025 – a jaw-dropping leap from just 1.03 million kgs in 2024.
This explosive growth signals a burgeoning demand for Sri Lanka’s premium leaves in North Africa, where the rich, aromatic flavors of Ceylon Tea are winning hearts and palates.
Quadrupling Libya’s appetite for Ceylon Tea even in challenging global markets, is reflecting the fact that Sri Lanka’s tea can find loyal fans in evolving markets.
However, while the export values shine in USD terms, the rupee value of tea exports dipped slightly – a stark reminder of currency fluctuations impacting export earnings. Yet, the broader trend remains positive for Ceylon Tea, with cumulative exports for Q1 2025 reaching 63.21 million kgs, up from 62.33 million kgs last year.
Key markets like Iraq (+7%) and Chile (+41%) showed strong growth, while Russia and the UAE saw mild declines. Meanwhile, Tea Bags and Instant Tea have posted gains even in rupee terms – marking a bright spot in an otherwise mixed landscape, where Tea in Bulk and Green Tea segments have witnessed a decline against the same period of the previous year.
On the production front, tea production for the month of March 2025 totalled 24.43 M/Kgs, showing an increase of 4.86 M/Kgs vis-à-vis 19.57 M/Kgs of March 2024. All elevations showed an increase in comparison with the corresponding month of 2024.
“As Sri Lanka’s tea industry navigates global headwinds, the increase in production and Libya’s soaring demand could offer a breather,” analysts said.
(Source: Forbes & Walker Pvt Ltd, Sri Lanka Customs, Central Bank of Sri Lanka)
By Sanath Nanayakkare
Photo Credit: Sri Lanka Executive Aviation Services
Business
Fits Retail and Abans unveil exclusive DeLonghi Premium Coffee experience

In a groundbreaking collaboration set to transform Sri Lanka’s premium coffee landscape, Fits Retail has partnered with retail giant Abans PLC to showcase the iconic DeLonghi coffee machines at two of Colombo’s most prestigious locations: Abans Elite Colombo 3 and Abans Havelock City Mall showrooms.
This exclusive partnership presents a rare opportunity for coffee aficionados to experience firsthand why DeLonghi has become synonymous with coffee perfection worldwide.
With a heritage spanning over 100 years, DeLonghi proudly holds the title as the number one coffee machine brand in more than 46 countries, celebrated globally for its exceptional quality, innovation, and unrivaled Italian craftsmanship. Fits Retail’s collaboration with Abans PLC brings these legendary machines directly to Sri Lankan coffee enthusiasts, creating immersive experience zones designed to elevate everyday coffee moments into extraordinary rituals.
At these dedicated demonstration zones, visitors can discover the unparalleled precision engineering and user-friendly technology that have made DeLonghi machines the preferred choice for discerning coffee lovers in more than 46 countries worldwide.
Business
Ceyline Group and Lion Brewery Forge a Sustainable Future with Eco-Friendly Warehousing and Distribution.

Ceyline Total Solutions, the end-to-end logistic solutions provider of Sri Lanka’s leading maritime and logistics group Ceyline, has built Lion Brewery’s first sustainability-focused warehousing and distribution center in just 100 days.
Located in Tangalle, the facility reflects a strong commitment to environmental responsibility. Half of the structure is made from repurposed shipping containers, reducing both waste and carbon emissions. The project, executed by Ceyline’s brand for sustainable living spaces “Out of the Box” features interior fittings made from recycled and reused brewery waste materials, maximizing sustainability and cost efficiency. Ceyline also has already applied for CEB approval to install solar power for the facility to ensure its operation is powered by clean and green energy.
Lion Brewery will further its mission for an efficient and eco-friendly supply chain by incorporating elements such as electric forklifts, rainwater harvesting, and energy-efficient lighting.
This collaboration not only delivers a pioneering green logistics facility but also sets a new benchmark for sustainable warehousing in Sri Lanka. It showcases the power of collaborative innovation in driving responsible industrial development.
Kaveen Gayathma, Senior Vice President (Outbound Logistics) of Lion Brewery, added, “This project further strengthens our distinctive ‘route-to-market’ approach. Our collective efforts in conceptualizing,
drafting, and crafting have culminated in the creation of a truly one-of-a-kind model. The company’s unwavering commitment to environmental stewardship and sustainability is clearly demonstrated here, all while achieving our strategic objectives in a practical and cost-effective manner.”
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