Business
ComBank supported VTA graduates find gainful employment
The Commercial Bank of Ceylon has helped 210 school leavers find lucrative employment after completing Vocational Training Authority (VTA) training programmes and obtaining National Vocational Qualification (NVQ) certifications.
The Bank has been a part of the VTA’s initiative to train students who drop out of school after Grade 10 to equip them with skills necessary to thrive in the country’s construction industry since VTA first launched a specialised intervention titled ‘120 Days Training’ in 2015 to address the skills gap in the construction sector.
The programme entailed providing students with theoretical and hands-on training in the fields of masonry, carpentry, and plumbing. Trainees that successfully complete their 120-day course are awarded the NVQ Level 3 certificate. The syllabus also includes English language training specific to the construction industry, which would enable students to be eligible for foreign employment.
Commercial Bank supported the initiative between 2015 and 2020 by funding the resource personnel who conducted motivational training at these programmes and printing and providing training material pertaining to the course.
Further, in collaboration with the VTA the Bank also helped find employment opportunities for these students at reputed companies including Maga Engineering, Nawaloka Construction, Sripalie Construction, and Access Engineering with an entry level salary of Rs 50,000 upwards. Officials of the VTA and the CSR Unit of Commercial Bank met with the management of these companies on many occasions and requested them to persuade the new recruits to continue their pursuit of NVQ Levels four, five, and six and ultimately earn the seventh and last certification which is a Civil Engineering Degree offered at the University of Vocational Technology, Ratmalana.
Commenting on its role in VTA’s training initiative, Commercial Bank Managing Director Mr S. Renganathan said: “We recognise that the country’s labour force is one of the most important factors in development, irrespective of the sector. A skilled workforce is critically important to the construction industry and by supporting VTA’s programme we hope to contribute to the sector’s development while helping build young Sri Lankans find rewarding careers.”
He noted that most of the students belonging to the first batch that completed VTA’s 120 Day Training programme are now NVQ Level 5 certified professionals who pursued their training while at work. “It is heartening to note that if one is enthusiastic in this field, he or she can become a qualified and experienced Civil Engineer at the age of 23,” Mr Renganathan added.
Notably, the VTA programme is the only option available to those who leave school after Grade 10, to earn a Civil Engineering Degree or an equivalent, without going to university.
VTA was established in 1995 with the intent to provide skills for employment, especially to the rural masses of the country which constitutes 72% of the total population, and equip them with skills necessary to find employment opportunities both locally and internationally.
Sri Lanka’s first wholly carbon neutral bank, the first Sri Lankan bank to be listed among the Top 1000 Banks of the World and the only Sri Lankan bank to be so listed for 10 years consecutively, Commercial Bank operates a network of 268 branches and 932 automated machines in Sri Lanka. The Bank’s overseas operations encompass Bangladesh, where the Bank operates 19 outlets; Myanmar, where it has a Microfinance company in Nay Pyi Taw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.
Business
Dialog Brings the ICC Men’s T20 Cricket World Cup 2026 Closer to Sri Lankans
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, hosted an event to mark the ICC Men’s T20 Cricket World Cup 2026, bringing together stakeholders and cricket enthusiasts as Sri Lanka looks ahead to one of the world’s most anticipated sporting events.
Over the years, Dialog has played an enduring role in supporting sport in Sri Lanka, with cricket at its core, enabling access to the game through partnerships and nationwide initiatives, reflecting its commitment to Powering the Passion of the Nation. Against this backdrop, securing the ICC media rights in Sri Lanka for the 2026–2028 period represents an important milestone in Dialog’s ongoing journey of bringing the world’s leading cricket tournaments to Sri Lankan audiences.
The event was attended by representatives from the Sports Ministry, Sri Lanka Cricket, the media, and the corporate sector, alongside former and current national cricketers. It recognised Sri Lanka’s proud cricketing legacy and the deep-rooted following the game enjoys among fans, while underscoring the scale and significance of the ICC Men’s T20 Cricket World Cup 2026 for local audiences.
As anticipation builds towards the tournament, the ICC Men’s T20 Cricket World Cup trophy was ceremonially showcased during the event, offering those present a closer look at a widely recognised symbol of the competition.
S.Achhudan, Director General of Sports said, “Sport plays an important role in strengthening national unity and identity. Public–private partnerships, such as Dialog’s continued support for cricket, are important in sustaining the sports ecosystem and in enabling broad public access to major international sporting events.”
Commenting on the occasion, Supun Weerasinghe, Director / Group Chief Executive of Dialog Axiata PLC, said, “Cricket holds a special place in Sri Lanka, with a following that spans generations and communities. Global tournaments such as the ICC Men’s T20 Cricket World Cup are events that fans look forward to and remember. At Dialog, our focus is to play a meaningful role in enabling these experiences — ensuring Sri Lankans can follow the game across platforms, with the quality, reliability, and reach it deserves.”
Sharing his views on the collaboration, Mr. Bandula Dissanayake, Honorary Secretary of Sri Lanka Cricket, said, “The ICC Men’s T20 Cricket World Cup is a major event for the sport and for cricket-loving nations such as Sri Lanka. With Dialog as the ICC media rights holder in Sri Lanka for the 2026–2028 period, this collaboration supports strong engagement around the tournament and reflects the scale of interest cricket continues to enjoy across the country.”
Sri Lankan fans will be able to follow the ICC Men’s T20 Cricket World Cup 2026 on Dialog Television and the Dialog Play App, alongside a free-to-air broadcast partnership with Supreme TV, ensuring wide access to the tournament.
Business
‘Notable drop in SL’s 2025 tourism sector earnings compared to those of 2018’
The revenue that was earned from the tourism sector in 2025 was US $ 3.2 billion, which is a significant drop compared to the 2018 figure , which is US$ 4.3 billion, a top tourism sector specialist said.
‘Comparatively there is a revenue deficit of US $ 1.2 billion, which we cannot be satisfied with at any cost, ‘Island Leisure Lanka’ founder chairman Chandana Amaradasa said.
Amaradasa made these observations at a Rotary Club joint meeting organised by Rotary Club Colombo South, featuring also the Rotary Clubs of Kolonnawa and Sri Jayawardenapura, at the Kingsbury Hotel on Tuesday.
Amaradasa added: ‘To develop the tourism sector the government has to do many things which previous governments comprehensively failed to take up.
‘The revenue that comes from the local tourism sector is four to five percent of the GDP, while in Dubai it is more than 45 percent of the GDP.
‘At present the country has 51000 rooms, out of which not more than 10000 rooms are at the four to five star level. Of that number 6000 rooms are located in Colombo, which is a major issue for tourism promotion in tourism potential areas.
‘Sri Lanka should focus on high quality standards in tourism and also develop the East Coast with the necessary infrastructure; especially having an international airport is absolutely necessary.
‘Colombo could be developed as a MICE tourism hub in the region. But not having an international level conference/convention hall is a another bottle neck in promoting that market as well.’
By Hiran H Senewiratne ✍️
Business
A Record Year for Marketing That Works: SLIM Effie Awards Sri Lanka 2025 crosses 300+ entries
The Sri Lanka Institute of Marketing (SLIM) announces a defining milestone for the country’s marketing, advertising, and creative sectors, as Effie Awards Sri Lanka 2025 records the highest number of entries in its history, crossing 300+ submissions. The unprecedented response reflects a stronger, more confident industry, one that is increasingly committed not only to bold creativity, but to creativity that can prove its value through measurable business and brand outcomes.
Now in its 17th year in Sri Lanka, the Effie Awards remain the most recognised benchmark for marketing effectiveness, honouring campaigns that bring together creative excellence, strategic discipline, and results. As the industry evolves, the Effies have become a space where the agency community, brand teams, media and creative partners are collectively challenged to raise the bar, moving beyond attention and awards, toward work that drives growth, shapes behaviour, and delivers real impact.
The record volume of entries this year also signals a healthy shift in the market: more brands and agencies are willing to be evaluated against rigorous effectiveness criteria, and to put forward work that demonstrates clear thinking, strong execution, and proof of performance. SLIM notes that this momentum highlights the expanding role of marketing and advertising in Sri Lanka, not simply as communication, but as a strategic driver of competitiveness and value creation.
SLIM confirms that the judging process will commence soon, guided by the established Effie evaluation framework that assesses entries on insight, strategy, execution, and measurable outcomes. The Grand Finale is scheduled for end-February 2026, where Sri Lanka’s most effective marketing work will be recognised on a national platform.
For inquiries, entries, and sponsorship opportunities, please contact the SLIM Events Division: +94 70 326 6988 | +94 70 192 2623.
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