Features
Extending magnitude of support for Sri Lankan prospective exporters
‘BOC Export Circle’ novel service
By Nihal Surawimala
With the unprecedented outbreak of COVID-19, almost all the economies have been jeopardized in various ways. With even the mighty economic powerhouses around the globe feeling the pain, it is no point of exaggeration, how the pandemic hindered the emerging economies including that of Sri Lanka. With the objective of revamping businesses affected by the COVID-19 pandemic, the CBSL, in consultation with the Government of Sri Lanka, has initiated various economic measures, considering the turbulent situation and constraints of repayment that have arisen with the pandemic.
Bank of Ceylon, being the number one bank and premier state bank, has been in the forefront of executing the relief packages, introducing novel digital banking products to uplift the entire economy and helping Sri Lankan citizens realise their aspirations. Standing tall as a pillar of support to its valuable clientele, the Bank has established a revival unit with the prime objective of reinforcing the collapsed or disrupted businesses, considering it timely additional support during the pandemic situation. Also, the Bank identified vulnerable sectors and came up with innovative banking products and services to address their needs and the writer’s effort today is to highlight such another significant service introduced to the economy.
Overview of external sector performance
As correlated with the global impact, Sri Lanka’s external sector endured a major contraction in 2020 with the outbreak of the pandemic, stimulating contemporary policy measures by the Government and the Central Bank. Merchandise exports declined sharply in the months in which the spread of the virus and the resultant containment measures were more intense, but reached close to the pre-pandemic levels sooner than expected. It is learnt that in response to the policy measures taken by the Government to restrict most non-essential imports and low crude oil prices, merchandise imports reported a significant decline in 2020. The combined effect of the gradual recovery in earnings from merchandise exports and the continuous decline in expenditure on merchandise imports resulted in the trade deficit to contract notably to record the lowest trade deficit since 2010.
As per the information depicted in the Central Bank of Sri Lanka (CBSL) Annual Report 2020, earnings from merchandise exports were severely impacted during the months in which containment measures were more intense with the spread of the COVID-19 pandemic, but recovered towards the pre-pandemic levels faster than expected. As per CBSL sources, Agricultural exports registered a decline in earnings of 5.1 percent in 2020 compared to 2019, due to weaker earnings from tea, seafood and unmanufactured tobacco, while earnings from spices, coconut, minor agricultural products, rubber and vegetables increased. Agricultural exports such as cinnamon, pepper, dried vegetables, areca nuts, coconut oil and fibres and natural rubber registered increases in earnings during the year, mostly driven by higher volumes. Industrial exports registered a broad-based decline in earnings, with an overall reduction of 18.6 percent in 2020 compared to 2019.
Export of textiles and garments, the single largest export of Sri Lanka, registered a decline in earnings of 21 percent in 2020. As per the latest records pertaining to External Performance published by the Central Bank of Sri Lanka, the trade deficit widened on a year-on-year basis for the third consecutive month in May 2021 to USD 716 Mn, compared to USD 407 Mn recorded in May 2020. It is notable that exports have been resurging as usual amidst many challenges and shows a positive growth. Earnings from merchandise exports increased to USD 892 Mn in May 2021, recording growth rates of 52 percent and nine percent over May 2020 and April 2021, respectively, with higher earnings from all major sectors.
Fulfilling national duty across BOC export circle
In this backdrop, with the objective of boosting the Sri Lankan export industry and to revive the export sector during the present global recession, the Bank of Ceylon has introduced a new service brand ‘BOC export circle’. Exports are incredibly important to the country in terms of earning foreign exchange. The ‘BOC Export Circle’ is a full-fledged one-stop export unit located on the second floor of Bank of Ceylon, Head Office. The availability of adequate finance and end to end advisory services throughout the supply chain are fundamental requirements for the growth of this sector. Therefore the prime objectives of setting up the BOC Export Circle are to provide financial assistance, end to end advisory services specially to SME export customers, facilitate the revival of the export sector which was hindered by COVID-19 pandemic and to attract potential export oriented customers through a comprehensive export credit package.
The Circle will launch under a unique brand name and introduce new deposit products and new loan schemes exclusively designed for exporters. In line with the fiscal policy initiatives of the Government with regard to the revival of the economy, loan schemes will be introduced, particularly targeted at direct and indirect exporters.
The Bank has identified the timely requirement of introducing a specific financing scheme that solely addressed working capital requirements of export oriented customers. Preshipment facilities such as Packing Credit Loans in LKR and USD terms and Post Shipment facilities such as LC Bill Negotiation, Export Collection Bill Purchases, Bill Purchases under Open Account basis in Foreign Currency terms will be availed to meet the working capital requirements of direct exporters. Based on their annual turnover and number of years in operation, start-ups and Small and Medium (SME) Sector exporters are considered for the quantum of the facility.
In order to cater to indirect exporters who supply raw materials, packing materials, finished goods or provide infrastructure facilities or any other facilities and services to direct exporters, specially designed credit facilities such as revolving short term loans and local LC bill discounting facility will be introduced through ‘BOC Export Circle’.
Additionally, the Bank has arranged a Trade Information Desk to provide end-to-end supply chain information to exporters and export related advisory services to existing and potential customers of the bank. Assistance for business registration and related services, creating new business alliances with Export Development Board and Ceylon Chamber of Commerce, assisting Sri Lanka Export Credit Insurance Corporation to penetrate the SME export market and arranging links between prospective customers and export related organizations, inter-alia, are services available through the Export Circle. The above-mentioned loan schemes are implemented via the BOC Branch network islandwide. However, it is intended for the credit schemes to operate preliminarily in selected branches and move to other branches gradually.
As it gears up for 2021, the Bank of Ceylon has proven its resilience particularly in trying times such as during the pandemic. The bank emerged as the best financial provider under the ‘Saubhagya’ concessionary loan schemes and extended moratoriums in order to help fulfill the aspirations of the business community in Sri Lanka, achievable thanks to the robust asset base amounting to more than three trillion. Further, the Bank of Ceylon has entered into an agreement with the Asian Infrastructure and Investment Bank (AIIB) under the ‘COVID-19 Crisis Response Facility’ to grant a special credit support scheme for Corporates and Small and Medium sized Enterprises (SMEs) affected by economic upheaval due to the pandemic with a view to reinforce and pump additional liquidity to affected businesses.
The Bank of Ceylon has been nurturing new entrants into solid business entities, by providing assistance in trying times, from its inception through the long journey of more than eight decades in the Banking Industry. Being the bedrock of most successful business stories and a pioneer in accelerating the economy, the writer firmly believes that the BOC Export circle concept would address vital time sensitive issues concerning the entire economy.
As one of the region’s most vibrant export hubs, Sri Lanka is equally competent in agriculture, manufacturing and service sectors. The rest of the world has the opportunity to benefit from the country’s collective competitive advantage through sourcing from Sri Lanka. Over the years Sri Lankan products have gained a strong reputation worldwide for ethical manufacturing of high-quality products trusted by iconic global brands. Young Sri Lankan entrepreneurs, enriched with a diverse skill set, experience setbacks in progress due to lack of resources and financial support. As a premier banking partner the BOC endeavours to pave the way for novices of the export market to step into the global business arena and revamp and reshape the landscape of the entire economy in the long run.
(Nihal Surawimala is currently steering the Corporate and Offshore Banking Division of Bank of Ceylon as the Senior Deputy General Manager [Corporate and Offshore Banking]. He is a senior banker counting over 30 years of experience in both local and international banking. He holds a Bachelor’s (Special) Degree in Public Administration and Master of Science (M.Sc) in Management specialising in Banking and Finance, both from the University of Sri Jayawardenapura, Sri Lanka. He is also an Associate Member of the Institute of Bankers of Sri Lanka.)
Features
Silence of the majority keeps West Asian conflict raging
With no military quick-fix in sight to the ongoing, convoluted West Asian conflict it ought to be clear to the rationally inclined that there is no other way to a solution to the blood-letting other than through a negotiated one. Unfortunately, there are not many takers the world over for such an approach.
Consequently the war rages on incurring the gravest human costs to all relevant sides. Whereas it should be obvious to the Trump administration that Iran wouldn’t be backing down any time soon from its position of taking on the US frontally and with the required military competence in the Hormuz Strait and adjacent regions, the US demonstrates a stubbornness to persist with war strategies that are showing no quick, positive results on the ground.
Clearly, the virtual ‘lock down within a lock down’ situation in the Strait is not proving beneficial for either party. Instead, the spilling of civilian blood in particular continues with unsettling regularity along with an all-encompassing economic crisis that carries a staggering material toll for ordinary people all over the world.
From this viewpoint it is commendable for Pakistan to offer itself as a peace mediator and go ‘the extra mile’ to keep the principal parties engaged in some sort of negotiatory process. But its efforts need to win greater support from the world community. It is a time for peace-makers the world over to stand up and be counted.
It is also a time for straight-talking. To his glowing credit Pope Leo XIV is doing just that and he is the only religious head worldwide to do so. Very rightly he has called on President Trump to end the war through negotiations and described it as ‘unjust’ and ‘a scandal to humanity’.
May this crucial cause be taken up by more and more world leaders, is this columnist’s wish. Instead of speaking fatalistically about a ‘Third World War’, decision and policy makers and commentators, and these are found in plenty in Sri Lanka as well, would do better to help in drumming-up support for a peaceful solution and the latter is within the realms of the possible.
Incidentally, the commonplace definition of the phrase ‘World War’ is quite contentious and it would be premature to speak forebodingly about one right now. The fissures within the West on the Middle East conflict alone rule out the possibility of a ‘World War’ occurring any time soon.
Instead, it would be preferable for the international community, under the aegis of the UN, to take the ‘straight and narrow’ path to a peaceful solution. As implied, this path is no easy avenue; it is cluttered with obstacles that only doughty peace makers could take on and clear.
However, the path to a negotiated peace is worth taking and no less a power than the US should know this. After all, the US ‘bled white’ in Vietnam and had to bow out of the conflict, realizing the futility of pursuing a military solution. A similar lesson should have been learned by Russia which bled futilely in Afghanistan. It too is in an unwinnable situation in Ukraine.
The Pope’s observations to President Trump on negotiating peace have earned for him some snarls and growls of criticism but with time these critics would realize that peace could come only by peaceful means and not through ‘the barrel of a gun.’
For far too long the ‘silent majority’ of the world has allowed politicians to take the sole initiative on working towards peaceful solutions to conflicts and wars. As could be seen, the results have been disastrous. The majority of politicians speak the language of Realpolitik only and this tendency runs contrary to the ways of the selfless peace maker.
Power, which is the essence of Realpolitik, and peace are generally at loggerheads in the real world. Power and self-aggrandizement have to be shelved in the pursuit of durable peace anywhere and it is a pity that the likes of Donald Trump and his team are yet to realize this.
At this juncture the ‘peace constituency’ or the silent majority would need to take centre stage and play their rightful role as the ‘Conscience of the World’. If the latter begins to take on the cause of peace in earnest everywhere, the politicians would have no choice but to pay heed to their cause and take it up, since a contrary course would earn for them public displeasure and votes.
An immediate challenge would be for the ‘peace constituency’ to come together and act as one. Right now, such a coordinating role could be played effectively by only the UN and its agencies. Practical problems are likely to get in the way but these need to be managed insightfully and resourcefully by all stakeholders to peace.
In fact the time couldn’t be more appropriate for the backers of peace to come together and work as one. Right now, economic pressures are increasing worldwide and no less a public than that in the US is beginning to feel them in a major, crushing way.
Going ahead the US public, along with other polities, would find the economic consequences of war to be intolerable. There would be no choice but for governments and peoples to champion peace. Peace makers would need to ‘strike while the iron is hot.’
The success of the above endeavours hinges on the importance humans attach to their consciences. The danger about prolonged wars is that they deaden consciences; particularly those of politicians. The latter deaden their consciences to the extent that they prove impervious to the pain and suffering wars incur.
Thus, the ‘peace constituency’ has its work cut out; it cannot rest assured that politicians would prove sensitive to their demands. The latter would need to be constantly dinned into the hearts and minds of politicians and decision-makers if peaceful solutions to conflicts are to be arrived at.
Likewise, the publics of war-torn countries would need to demand the activation and sustaining of accountability processes with regard to those sections that are suspected of committing war crimes and like atrocities. Those publics that cease to demand accountability from powerful sections among them which are faced with war-time atrocity charges are as good as condemning themselves to lives of permanent dis-empowerment and enslavement.
Features
Don’t take the baby: In the quiet night, mother always returns

Chaminda Jayasekara
There is a particular stillness in Sri Lanka’s forests, after dusk — a kind of hushed expectancy where shadows lengthen, cicadas soften their chorus, and the night begins to breathe in its own rhythm. It is a world that does not reveal itself easily. You have to wait for it. You have to listen.
And then, suddenly, you see them — a pair of luminous, unblinking eyes suspended in the dark.
The Grey Slender Loris, or unahapuluwa, emerges, not with drama, but with quiet precision. Small, slow-moving, and almost impossibly delicate, it is one of Sri Lanka’s most enigmatic nocturnal primates — a creature that has survived millennia by mastering the art of stillness.
Yet, during these months — from late March through July — the forests hold a more tender story. It is the breeding season of the slender loris, and with it comes a scene that is often misunderstood by those who encounter it for the first time: a tiny infant, alone on a branch, barely three inches long, its fragile body silhouetted against the night.

Grey Slender Loris with twin babies
To many, it appears to be a moment of abandonment.
To nature, it is a moment of trust.
“People often act out of compassion, but without understanding what they are seeing,” explains Chaminda Jayasekara of the University of Hertfordshire. “A baby loris left alone is not necessarily in danger. In fact, it is part of a natural process that is critical for its survival.”
According to Jayasekara, when a baby loris is about a month old, the mother begins a remarkable routine. As darkness settles, she gently places her infant on a secure branch and moves off into the forest to forage. Her journey can take her hundreds of metres away — sometimes close to 800 metres — as she searches for insects and other small prey.
In those hours of solitude, the infant is not abandoned. It is learning.
Clinging to the branch, it begins to explore its immediate surroundings. Tentatively, almost hesitantly, it reaches out — testing balance, grip, and instinct. It may attempt to catch tiny insects, mimicking behaviours it will one day rely on entirely. This is its first classroom, and the forest its only teacher.
“Those early nights are crucial,” Jayasekara says. “The baby is developing motor skills, coordination, and the ability to interact with its environment. These are things that cannot be replicated in captivity.”
And yet, this is precisely where human intervention often disrupts the process.
Across rural and even semi-urban Sri Lanka, stories circulate of well-meaning individuals who come across a lone baby loris and assume the worst. Driven by concern, they pick it up, take it home, or attempt to hand-rear it — believing they are saving a life.

Grey Slender Loris
But the reality is far more complex — and far more tragic.
“When a baby is removed unnecessarily, it loses something fundamental,” Jayasekara emphasises. “It loses the chance to learn how to survive in the wild. Without that, even if it survives in the short term, its long-term prospects are extremely poor.”
The forest, after all, is not just a habitat. It is a living, evolving system of lessons — how to detect predators, how to navigate branches, how to hunt silently, how to recognise territory. These are not instincts alone; they are behaviours refined through experience.
And the mother, contrary to assumption, is rarely far away.
“If people simply waited — even for several hours — they would often see the mother return,” Jayasekara explains. “She knows exactly where she left her baby. Her absence is temporary, purposeful.”
The advice from conservationists is clear and consistent: observe, but do not interfere.
If you encounter a baby loris, watch quietly from a distance. Avoid using bright lights or making noise. Give it time — at least 10 to 12 hours — before drawing conclusions. In most cases, the situation will resolve itself, just as nature intended.

35 days old Grey Slender Loris
Only if the animal is clearly injured, or if there is strong evidence of abandonment after prolonged observation, should intervention be considered — and even then, it must be done through the proper channels, particularly the Department of Wildlife Conservation.
Attempting to care for such a delicate animal at home is not only ineffective but often fatal.
Sri Lanka is home to two species of slender loris — the Grey Slender Loris and the Red Slender Loris — each adapted to specific ecological zones across the island. Both are protected under national legislation and recognised internationally as species requiring urgent conservation attention.
Their threats are many: habitat loss, road mortality, illegal pet trade, and, increasingly, human misunderstanding.
Yet, in the midst of these challenges, there are also signs of hope.

In recent years, the slender loris has become the focus of a unique form of wildlife tourism — one that values patience over spectacle. Night walks, conducted with trained naturalists and strict ethical guidelines, offer visitors a chance to witness the loris in its natural environment without disturbing its behaviour.
At places like Jetwing Vil Uyana, this approach has been refined into a model of responsible eco-tourism. Over more than a decade, the property has developed a dedicated Loris Conservation Project, recording thousands of sightings while educating visitors and supporting local communities.
Here, the loris is not handled, chased, or exploited. It is simply observed — a quiet presence in a carefully protected landscape.
“The success of such initiatives shows that conservation and tourism do not have to be at odds,” Jayasekara reflects. “When done responsibly, tourism can actually support conservation by creating awareness and value for these species.”
There is something profoundly moving about encountering a loris in the wild. It does not roar or charge. It does not demand attention. Instead, it exists — quietly, deliberately — as it has for millions of years.
And perhaps that is why it is so easily misunderstood.

In a world that often equates visibility with importance, the loris reminds us that some of the most extraordinary lives unfold beyond the spotlight.
It also reminds us of something else — something simpler, yet harder to practice.
Restraint.
Because conservation is not always about stepping in. Sometimes, it is about stepping back. About recognising when nature does not need our help, but our patience.
So if, on some future night, you find yourself walking beneath the trees, and your light catches a tiny figure sitting alone on a branch — do not rush forward.
Pause.
Watch.
Let the moment unfold.
Because somewhere, moving silently through the darkness, guided by instinct and memory, a mother is already on her way back.
And by morning, the forest will be whole again.
By Ifham Nizam
Features
Kumar de Silva: 40 years of fame and flair
We first saw him on the small screen in January 1986 – a relatively raw, totally untrained and a very nervous 24-year-old presenting ‘Bonsoir’ on ITN.
And now, 40 years later, and as one looks back, one realises what a multi-dimensional journey Kumar de Silva has navigated across the small screen yes, from your television screens to your laptops, and iPads, tabs, and mobile phones.
Says Kumar: “It is the French language I speak that opened the world of television to me, 40 years ago. It was ‘Bonsoir’ alone, and so to my French teacher at Wesley College, Mrs. BA Fernando, to ‘Bonsoir’, and to the Embassy of France in Sri Lanka, I am eternally grateful”.

Promoting the French language, and culture, in Sri Lanka, in a big way
Kumar went on to say that on the heels of ‘Bonsoir” came ‘Fanclub’, on ITN, describing it as yet another resounding success story which saw him as a music DJ on TV.
His inherent talent saw him handle a range of contrasting programmes across ITN, TNL, Prime TV and SLRC with consummate ease – from News Reading, Business Talk Shows, Celebrity Chats, to Dhamma discussions, on Poya Days, to name a few.

Kumar – the 1986 look
Trained in Paris in television production and presentation, the Government of France, in 2012, conferred on him the title of ‘Chevalier dans l’Ordre des Arts et Lettres’ (Chevalier in the Order of Arts and Letters) in recognition of his contribution to promoting the French language, and culture, in Sri Lanka.
In celebration of his four decades on the small screen, Kumar recently launched ‘Bonsoir Katha’, the Sinhala translation (by Ciara Mendis) of his English book ‘Bonsoir Diaries’ (2013), at a gala soiree. at the Alliance Francaise de Colombo, under the distinguished patronage of the French Ambassador in Sri Lanka, Remi Lambert, and francophone President Chandrika Kumaratunga.
He’s now excited about launching the French version of this book, ‘Les Coulisses de Bonsoir’, in Paris, in autumn this year. It is currently being translated by Guilhem Beugnon, a former Deputy Director of the Alliance Francaise de Colombo. This will, co-incidentally, also be Kumar’s 30th visit to Paris.

Chief Guest French Ambassador in Sri
Lanka Remi Lambert
Says Kumar: “The word GRATITUDE means a lot to me and so I always make it a point to spend time with two very special French people every time I go to France. One is Madame Josiane Thureau, formerly of the French Foreign Ministry, who began ‘Bonsoir’ in Sri Lanka. way back in the mid-1980s. The other is Madame Aline Berengier, the lady who designed the ‘Bonsoir’ logo – the Sri Lankan elephant in the colours of the French national flag”.
Kumar is also a much-sought-after Personal Development and Corporate Etiquette Coach in Colombo’s corporate world. Over the past 15 years, tens of thousands of corporates, have been through the different modules of his interactive training sessions. There have also been thousands of school leavers and undergraduates from national and private universities, many of whom will constitute the corporates of tomorrow.

Guest of Honour francophone President Chandrika Kumaratunga at the gala soiree
at the Alliance Francaise de Colombo
The multi-talented Kumar turns 65 next year, and his journey on the small screen still continues – you see him on the (monthly) ‘Rendez-Vous with Yasmin and Kumar’ on the French Embassy’s YouTube Channel, and (every Friday) on ‘Fame Game with Rozanne and Kumar’ on Daily Mirror Online, Hi Online and The Sun Online.
There’s yet another podcast in the pipeline, he indicated, but diplomatically declined to give us details. All he said, with a glint in his eye, was, “It will hit your screens soon.”
Whatever he has in mind, one can be certain that the new programme will continue to showcase Kumar de Silva’s enduring presence in Sri Lanka’s entertainment scene.
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