Business
Chocoholics Café announces first international expansion with entry into Saudi Arabia
Chocoholics, Sri Lanka’s premium dessert café brand renowned for its Belgian chocolate creations, today announced its first international expansion with plans to open outlets in Saudi Arabia, marking the beginning of a broader global journey.
The announcement follows the visit of Prince Waleed bin Nasser Al Saud, Founder and Chairman of Bayt Altawabel and Mr. Rizni Faizer, CEO of New Concepts at Bayt Altawabel to Chocoholics’ Colombo outlets. His recognition of the brand underscores the growing interest in lifestyle and hospitality ventures that align with Saudi Arabia’s Vision 2030.
“Experiencing Chocoholics in Colombo gave me a strong sense of the brand’s potential to succeed in Saudi Arabia, where café culture continues to evolve in exciting ways,” said Prince Waleed bin Nasser Al Saud. “Their dedication to quality and innovation reflects the type of international partnerships that complement Vision 2030. This collaboration is about more than business, it is about introducing new experiences that enrich lifestyle, hospitality, and cultural exchange in the Kingdom and beyond.”
“Our journey has always been about passion, innovation, and delivering unforgettable experiences,” said Wazni Wazeer, Co-Founder and Director of Chocoholics. “Launching in Saudi Arabia is just the start. This partnership represents the foundation of Chocoholics’ global expansion, taking our culture of chocolate-inspired experiences to audiences worldwide.”
“Welcoming Prince Waleed was a meaningful milestone for us and a sign that Sri Lankan entrepreneurship can be recognised on a global scale,” added Fayaz Nizam, Co-Founder and Director of Chocoholics. “His support underscores our readiness to contribute to Saudi Arabia’s vibrant café culture while preparing to extend Chocoholics’ footprint across the Middle East and further afield.”
Since opening in Colombo seven years ago, Chocoholics has grown to four outlets across the city, becoming a beloved destination for café-goers who value the blend of authentic Belgian chocolate with innovative creations. With its expansion into Saudi Arabia, Chocoholics is setting the stage for a new wave of Sri Lankan born brands making their mark on the world.
Business
“ViYASA” National Business Facilitation Centre (NBFC) to be opened tomorrow (22)
The National Business Facilitation Centre (NBFC), which is being established under the Presidential Secretariat with the aim of removing administrative and regulatory barriers that exist among government institutions in relation to investment and industry and expediting these processes, will be opened tomorrow (22).
The centre is being established on the President’s initiative with the aim of bringing about a positive transformation in the industrial sector. The centre will provide solutions to issues that arise in dealing with the government machinery when starting and operating a business, while also coordinating with the relevant government institutions to provide the necessary facilities.
The “ViYASA” National Business Facilitation Centre (NBFC) has been established at Building C-80, Hector Kobbekaduwa Mawatha, Colombo 07, and is headed by Senior Additional( Secretary to the President, Seevali Arukgoda.
The centre will be opened under the patronage of Minister of Labour and Deputy Minister of Finance and Planning Dr Anil Jayantha Fernando and Minister of Industry and Entrepreneurship Development Sunil Handunnetti, with the participation of Secretary to the President Dr Nandika Sanath Kumanayake.
The website https://nbfc.presidentsoffice.gov.lk is also scheduled to be officially launched on the occasion.
President’s Media Division)
Business
Charting a worker-centered AI future: Colombo hosts landmark ITF conference
By Sanath Nanayakkare
Artificial intelligence and automation present serious challenges for workers – such as job consequences seen in docks and rail systems – and emphasises that workers cannot simply stop technological progress. By gathering young trade unionists in Sri Lanka, the ITF aims to establish key principles for engaging with technology, ensuring workers have a strong voice at the bargaining table, and encouraging constructive social dialogue with corporations and governments.
These compelling words from ITF General Secretary Stephen Cotton underscored the urgent reality facing modern labor as rapid technological advancements sweep across global industries.
Confronting this shifting landscape head-on, the International Transport Workers’ Federation (ITF), in partnership with the National Union of Seafarers of Sri Lanka (NUSS), convened a ground-breaking conference on artificial intelligence in Colombo from September 15–17.
As the ITF’s first-ever AI-focused global conference and the first of its kind hosted in Sri Lanka, the landmark event marked a critical milestone in balancing technological innovation with worker-centered safeguards.
Representing over 16.6 million transport workers worldwide, the ITF designed the gathering to tackle the multifaceted impacts of AI on safety, operations, workforce development, and governance. Rather than resisting progress, the conference focused on proactive engagement, establishing guiding principles to protect workers’ rights and privacy both at sea and on land.
Key discussions centred on sharing best practices for upskilling and reskilling transport personnel, ensuring that human oversight remains central to AI-driven logistics, routing, and maintenance.
Reflecting on the historic nature of the event, Boa Athu, CEO of National Union of Seafarers Asia Pacific, noted that the conference represented a monumental moment as AI emerges as a permanent fixture of contemporary life.
Highlighting NUSS’s pride in hosting the event in Colombo, Athu emphasised that AI offers transformative potential when guided by strong social dialogue, equitable access to training, and robust governance safeguards.
Ultimately, the Colombo conference demonstrated that the future of transport must be shaped by those who keep the world moving. By uniting international labour leaders, affiliates, port operators, and regulators, the event laid a vital foundation for inclusive policy frameworks that champion fair labour standards, securing a powerful voice for workers in an automated tomorrow.
Business
Bridging the digital divide: Sri Lanka’s airport licence challenge
By Sanath Nanayakkare
As Sri Lanka experiences a surge in visitors from its largest tourist market, India, a modern administrative hurdle has emerged at Bandaranaike International Airport (BIA).
While nations like India and Pakistan have successfully transitioned to fully digital driving licences and cashless ecosystems, Sri Lanka’s Department of Motor Traffic counter still requires a physical card to issue temporary local permits, The Island Financial Review learns.
This mismatch creates significant friction for independent travelers who rely entirely on smartphones and cloud-stored credentials. Tourists turned away at the airport – and sometimes redirected to the Werahera office in vain – find themselves unable to legally rent and drive vehicles. Consequently, this policy gap harms local car rental operators, causes tourist frustration, and deprives the government of valuable permit revenue.
The situation highlights a distinct irony: Sri Lankan motorists easily travel abroad using International Driving Permits that are readily accepted in India and Pakistan, yet local infrastructure cannot reciprocate due to outdated verification systems.
Recognizing the problem, Department of Motor Traffic officials have noted that upgrades and new equipment are currently in the works to integrate foreign digital platforms.
For a nation aggressively pursuing a national digitalisation drive, rapidly modernising these transport protocols is essential to keeping pace with global travelers and unlocking the full potential of its tourism economy.
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