Business
Citrus Leisure in collaboration with Colombo Lotus Tower takes dining and banqueting to new heights
Sri Lanka’s first revolving restaurant and a banquet hall at a height unparalleled in South Asia set to open in early December 2023
Citrus Leisure PLC introduces ‘Blue Orbit’, South Asia’s tallest restaurant, and Sri Lanka’s first ever revolving restaurant – setting a new benchmark for dining experiences in Colombo. Citrus Leisure is the exclusive operator of the iconic revolving restaurant and banquet hall at the Colombo Lotus Tower – South Asia’s tallest self-supported structure. Scheduled to be unveiled early December, the “Blue Orbit” restaurant is set to take dining out in Colombo to new heights, with a truly unique experience both in terms of ambiance and cuisine.
With seating capacity for 225 guests at any given time, Blue Orbit promises an extraordinary dining experience with culinary creations designed to tantalise true connoisseurs. This restaurant will feature an extensive international buffet for lunch and dinner, operating from 11 am to 11 pm.
For those seeking to celebrate milestones, whether on a personal or professional journey, Citrus Leisure also introduces the “Cosmic” banquet hall, which stands as the tallest banquet venue in South Asia, with a seating capacity of 350 guests. Citrus Leisure which exclusively manages Cosmic will offer specially curated menus for weddings and corporate events, guaranteeing that guests have a truly unique and memorable experience. ‘Cosmic’ too is set to be unveiled early December.
Commenting on this new chapter, CEO of the Colombo Lotus Tower Management Company Pvt Ltd, Major General Prasad Samarasinghe (Retd) said, “As the Lotus Tower reaches new heights, I am pleased to see Citrus Leisure take the lead with regard to hospitality services at the Tower and become an integral part of our iconic structure. This collaboration symbolizes not just elevated dining but a fusion of innovation and tradition, reflecting the spirit of Sri Lanka’s progress.”
Chandana Talwatte, CEO of Citrus Leisure Plc added, “Blue Orbit and Cosmic are a testament to Citrus Leisure’s commitment to redefining dining and banqueting experiences in Sri Lanka. We look forward to elevating the culinary experience and providing venues that create lifelong memories. From the panoramic views to the delectable cuisine and impeccable service, every detail is designed to offer an unforgettable journey through unique flavours and an unrivalled ambiance.”
Discussing the design of the restaurant and banquet hall, Chartered Architect & Designer Kamilka Perera said, “Crafting the interior of Blue Orbit was a thrilling challenge. My goal was to capture the essence of sophistication to elevate the dining experience. From the celestial-inspired themes to the seamless blend of comfort and style, every element is meticulously curated to ensure that every visit is a sensory delight.”
Business
Cost-effective clearance of goods across borders to determine worth of Customs Paperless Declaration
By Ifham Nizam
The introduction of the Customs Paperless Declaration from October 1 could mark an important step in Sri Lanka’s efforts to modernise trade, but its real value will depend on whether it reduces the time and cost of moving goods through the country’s borders, Customs House Agents & Traders Association President Mohamed Niyas said.
Niyas warned that digitising Customs declarations alone would not necessarily translate into faster cargo clearance or lower costs for businesses.
‘Expecting a dramatic improvement in clearance speed under the present conditions is like expecting Ferrari performance from a Morris Minor configuration, he said.
For importers and exporters, the issue extends well beyond paperwork. Every additional hour or day that cargo remains in the clearance chain can have wider consequences for businesses, including increased port and storage-related costs, additional working-capital requirements, uncertainty over delivery schedules and disruptions to production and distribution.
Niyas said the competitiveness of Sri Lanka’s trading sector ultimately depended on how efficiently goods could move through the country’s border-clearance system.
‘The real bottleneck is not merely the absence of paper. It is the entire clearance ecosystem—the limitations of the existing ASYCUDA World system, excessive regulatory interventions by Other
Government Agencies, multiple approvals, physical examinations, manual interventions, fragmented processes and institutional constraints, he said.
He cautioned that unless these bottlenecks were addressed, there was a risk that the paperless initiative would merely digitise existing bureaucracy.
‘If these underlying constraints remain unchanged, there is a real risk that the new paperless system could become another “copy-and-paste road show”—where an old, complex clearance process is simply transferred onto a digital screen without fundamentally changing the process itself, Niyas said.
For businesses dependent on imported raw materials, machinery, components and other inputs, clearance efficiency can directly affect the wider supply chain.
Delays at the border can create uncertainty for manufacturers, distributors and retailers, while exporters can face difficulties meeting delivery schedules when imported inputs or export consignments are held up.
Niyas therefore argued that the success of the October 1 initiative should be judged by its impact on trade flows rather than by the number of declarations processed electronically.
‘Paperless does not automatically mean faster, he said. ‘Digitising a slow process does not make the process fast. It only makes the slow process digital.’
He said Sri Lanka needed to move towards what he described as “process-less Customs”—a system in which unnecessary procedures are eliminated rather than simply converted into electronic procedures.
Among the reforms he called for are simplification of Customs declarations and approval workflows, improvements to the functionality of ASYCUDA World, greater use of risk-based inspections and better integration of Other Government Agency approvals.
Niyas also called for the elimination of repetitive document submissions and physical endorsements, greater use of pre-arrival processing, sufficient capacity for digital document uploads and clearly defined service-level timelines for Customs and OGAs.
Business
China backs Sri Lanka’s Non-aligned stance to counter regional pressures
By Sanath Nanayakkare
As global attention has fixed on the high-level diplomatic choreography at the United Nations General Assembly in New York, a subtler, yet profound geopolitical signal was sent from Colombo, yesterday.
In a major address marking the founding anniversary of the People’s Republic of China, newly appointed Chinese Ambassador Wei Huaxiang chose to anchor bilateral relations not just in modern trade or infrastructure, but in a shared respect for Sri Lanka’s legacy of non-aligned independence.
By explicitly invoking Sri Lanka’s foundational role in the 1976 Non-Aligned Summit, Beijing was doing something unexpected in an era defined by fierce great-power rivalry: it was officially validating a small island nation’s right to maintain an independent foreign policy stance.
The Strategic Value of Independence
For decades, nations caught in the crosshairs of major-power competition have faced intense pressure to pick sides. Yet, Ambassador Wei’s embrace of Colombo’s non-aligned tradition signaled a different diplomatic playbook. Instead of demanding alignment, Beijing was framing its partnership as a reliable counterbalance to regional pressures. By honouring Sri Lanka’s diplomatic autonomy, China was effectively reassuring smaller economies that sovereign independence and robust economic cooperation can coexist.
Beyond Ports and Industrial Zones
This diplomatic framing reframed the narrative surrounding major collaborative ventures like the Colombo Port City and Hambantota Port. While foreign analysts often view these projects exclusively through the lens of strategic rivalry, Beijing’s diplomatic messaging tied them back to a historical ethos of solidarity—evoking memories of the 1952 Rubber-Rice Pact.
By marrying economic projects with a stated respect for non-alignment, China is positioning itself as a steadfast stakeholder that respects Sri Lanka’s internal agency during difficult economic and political seasons.
As both nations look toward major milestones in 2027—including the 70th anniversary of diplomatic ties—this nuanced diplomatic move revealed how historic traditions are being leveraged to navigate modern multipolar realities.
For global observers, the takeaway was clear: in the shifting architecture of Asian geopolitics, respecting a nation’s historical neutrality may just be the most effective way to secure a lasting partnership, a diplomatic masterclass that Ambassador Wei Huaxiang executed in style.
Business
Sri Lanka Insurance Life appoints Dr. Sameera Dharmasena Chief Executive Officer
Sri Lanka Insurance Life (SLIC Life), the nation’s largest and strongest Life Insurer, is pleased to announce the appointment of Dr. Sameera Dharmasena as its new Chief Executive Officer, effective 22nd September 2026.
Dr. Dharmasena is a distinguished insurance professional with over 21 years of experience in the Sri Lankan insurance industry, having held senior leadership positions across several leading insurance companies affiliated with some of Sri Lanka’s largest business conglomerates. His extensive career spans both local and multinational insurance environments, bringing together broad industry expertise, strategic leadership and a strong commitment to the advancement of the insurance profession.
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