News
Ceylon Chamber of Commerce entrusts over a century of business history to the National Archives
The Ceylon Chamber of Commerce has formally handed over its historical records to the National Archives Department of Sri Lanka, placing over a century of the nation’s commercial history into the care of the country’s official custodians of heritage.
The historical archive being handed over spans from the Chamber’s founding in 1839 to 1973, and includes correspondence, meeting minutes, reports, ledgers, and publications that chronicle the development of trade, enterprise, and industry in Sri Lanka. Together, these records provide a rare and detailed account of how the island’s economy evolved and how its business community helped shape national progress.
The Ceylon Chamber of Commerce was established on 25 March 1839 on the principle that the interests of commerce and trade are best advanced when merchants unite and cooperate in matters affecting the common good. At the time, Ceylon was among the earliest regions in Asia to establish a chamber of commerce, alongside counterparts in Bengal, Bombay, Madras, Canton, Penang, and Singapore.

Chamber Office Bearers and Staff at the building in Lower Chatham Street, Fort shortly before the move to the new building at Navam Mawatha
From its earliest years, the Chamber played a central role in organising and guiding trade. It played a central role in establishing and growing the export economy built on commodities such as coffee, cinnamon, coconut oil, tea, and rubber, and hosted the island’s renowned tea and rubber auctions. It also developed rules and standards for trading practices, helping create an environment of trust and reliability that enabled Sri Lanka’s commerce to thrive.
Beyond facilitating trade, the Chamber was also instrumental in shaping the island’s infrastructure and connectivity. In 1858, it successfully urged the government to accept India’s proposal to link Ceylon to the Madras telegraph line, giving the island its first cable connection to the outside world. The Chamber also advocated for a government-owned Colombo–Kandy railway to connect the coast with the interior and continued to press for extensions stage by stage as the network expanded into the hill country and beyond.
One of the Chamber’s most consequential interventions was in its advocacy to develop Colombo as the island’s principal port. At a time when the government was considering developing the Galle harbour, the Chamber argued strongly for Colombo instead, citing its larger cargo hinterland and the navigational hazards posed by rocks in the Galle harbour. It further recommended the construction of docks and a protective breakwater, proposals that ultimately led to Colombo emerging as one of the leading ports in the region.
Over the years, the Chamber also played a key role in establishing and supporting institutions that shaped Sri Lanka’s business environment. These include the Employers’ Federation of Ceylon, which helped structure industrial relations in the country, the Mercantile Service Provident Society, an early initiative promoting labour welfare, and the Sri Lanka Institute of Directors, which has contributed to strengthening corporate governance and leadership within the private sector.
It also established mechanisms to strengthen the broader business environment, including the CCC-ICLP Alternative Dispute Resolution Centre, created together with the Institute for the Development of Commercial Law and Practice, to provide arbitration and mediation services for commercial disputes. Earlier in its history, the Chamber also developed one of the country’s first codes of ethics to guide fair and responsible trading – standards of integrity that the Chamber continues to uphold to this day.
The records now entrusted to the National Archives document the debates, decisions, successes, and challenges that shaped generations of Sri Lanka’s business community. Through letters, reports, minutes, and accounts, the archive offers insight into the people, ideas, and enterprises that helped build the country’s economy.
At the symbolic handover of the archives to the Director General of the National Archives Department, Dr Nadeera Rupesinghe, Chairperson of the Ceylon Chamber, Mr Krishan Balendra noted that ‘today we are doing something that, at first glance, might look like simply passing on old documents and books. But in truth, we are passing on nearly two centuries of a nation’s commercial heartbeat. These records are the living memory of a nation’s trade, enterprise, and industry. By entrusting them to the National Archives Department, we are ensuring that researchers, students, and citizens will have access to this heritage, learning from the ingenuity, foresight, and courage of the people who came before us, and the legacy they left in every business, every trade route, every handshake that built this country.’
Accepting the handover, Dr Rupesinghe said, ‘the Department of National Archives hosts the memory of a nation, and we are very happy that historic records of the Ceylon Chamber, which denote the history of Sri Lanka’s business community is being entrusted to our care’.
The handover marks a significant moment in recognising the role of commerce in the story of Sri Lanka and safeguarding the institutional memory of one of the country’s oldest and most influential organisations.
News
Whistleblowers ask Treasury Chief to resign over theft of USD 2.5 mn
Payment made to new account number outside agreement
Civil society group ‘Free Lawyers’, which exposed the payment of USD 2.5 mn loan instalment by the Treasury to a third party instead of Australia, yesterday (23) said that in spite of the Treasury having the legitimate bank account mentioned in the relevant agreement, the payment had been made to another account subsequently received from a person who had been in contact with some senior officials.
Civil society activist Keerthi Tennakoon on behalf of ‘Free Lawyers’ emphasised that the account number mentioned in the agreement couldn’t be changed without approval of the Secretary to the Treasury Harshana Suriyapperuma, who is also the Secretary to the Finance Ministry. Suriyapperuma, who quit his National List seat to receive the top appointment, should be held responsible for the unprecedented development, Tennakoon said.
If the Treasury had followed the time-tested procedures in place, a new bank account couldn’t have been introduced, and therefore a thorough investigation was required to reveal the truth.According to Free Lawyers, the scam had been detected by relatively junior officer and not those higher ups.
Free Lawyers’ would continue to follow the developments to ensure transparency in the investigations, Tennakoon said, noting that Suriyapperuma should step down as he was aware of a third party securing root access to the system in September 2025 but failed to take action to prevent the scam. Tennakoon said that the NPPer hadn’t informed relevant authorities, and altogether 16 officials were involved in the scam.
By Shamindra Ferdinando
News
Hambantora port sets new record
Hambantota International Port (HIP) successfully handled container vessel MSC Marie Leslie, marking one of its highest-volume vessel calls to date. The achievement further strengthens the port’s position as an emerging hub for containerised cargo in the region, according to HIP press release.
The vessel, operated by Mediterranean Shipping Company (MSC), was berthed at HIP from 11 to 15 April 2026. The port achieved 7,968 container moves during this period, translating to a total volume of 13,260 TEUs; the highest single-vessel throughput recorded by HIP to date.
This latest milestone surpasses previous records, including 12,957 TEUs handled on MSC Ilenia and 11,369 TEUs on MSC Ruby in March this year, reflecting a steady upward trend in the port’s container handling performance.
News
US sinking of Iranian frigate off Sri Lanka unprecedented war crime Araghchi tells Vijitha
Iranian Foreign Minister Abbas Araghchi has told his Sri Lankan counterpart Vijitha Herath that US sinking of Iranian frigate IRIS Dena off Sri Lankan waters was an unprecedented war crime.
Of some 180 crew only 30 odd personnel survived.
While referring to crimes committed by the United States and Israel against Iran, Araghchi has stressed that they would never forget this crime, which constitutes a grave violation of the fundamental rules of international humanitarian law and the 1949 Geneva Conventions, and would employ all legal and political means to hold the perpetrators and those responsible accountable and bring them to justice.
Araghchi has said so during a telephone conversation with Herath regarding the ongoing West Asia conflict and related developments.
During the phone call, Araghchi expressed appreciation for the Sri Lankan government’s efforts in the rescue operation for the sailors of the IRIS Dena and for assisting in the transfer of the bodies of the crew of the vessel and other Iranian naval personnel back to Iran, according to the Iranian Embassy in Sri Lanka.
US sank Dena as it along with two other Iranian vessels awaited Sri Lanka approval to enter the Colombo port. Iranian ambassador in Colombo Dr. Alireza Delkhosh is on record as having said that the Commander of Sri Lanka Navy invited the Iranian ships to visit Colombo following their participation in International Fleet review and Milan 2026 held in India in late Feb. All Iranian vessels had been unarmed at that time in keeping with protocols regarding the participation in such events.
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