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First of its kind virtual expo in the country

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The Plastics and Rubber Institute of Sri Lanka (PRISL) together with Smart Expos & Fairs (India) Pvt Ltd (SMART Expos) in collaboration with Export Development Board (EDB) launched the first-of-its kind virtual expo of plastics and rubber industry recently.

The exhibition was inaugurated by Suresh De Mel, chairman, EDB via an online platform. With more than 100 exhibitors from Sri Lanka, India, China and Taiwan, the virtual expo can be accessed via the following link https://srilanka.smartvirtualexpos.com.

The rubber products industry is the 4th largest export earning industry in Sri Lanka accounting for 7.9 % (US$ 786) of the total merchandise exports in 2020 and has established a reputation for its quality and reliability internationally.

“Sri Lanka produces a wide variety of value added rubber products from both latex and dry rubber such as tyres, gloves, industrial components, mats, miscellaneous sports goods, etc. Our main export destinations are USA, Italy, Germany, Belgium, UK, France and Canada,” de Mel said during the online launch.

PRISL in collaboration with SMART Expos, have been organizing  the Complast & Rubexpo successfully  in Sri Lanka  for the past 8 years, which has exposed the Sri Lankan plastics & rubber industries to emerging technology as well as new markets in Sri Lanka as well as internationally.

Considering the opportunities available for Sri Lankan rubber and plastic exporters, the EDB has joined hands with the PRISL to continue the Complast and Rubexpo via a virtual platform considering the present health and safety restrictions. The virtual exhibition of iComplast & iRubexpo which was launched on January 25 will remain live online till February 26, 2021.

iComplast & iRubexpo is an ideal platform for local organizations to promote and showcase their products to overseas visitors looking to source rubber and plastic products manufactured in Sri Lanka. Further these two exhibitions will keep the Sri Lankan rubber and plastic industry connected with international markets and technology developments around the globe especially during the present new normal conditions.

De Mel said the rubber product sector should make use of these opportunities for the development of the sector as well as aim to contribute towards the country’s export earnings by US$ 2 billion by 2025. He thanked the PRISL, for its collaboration and hoped that exhibitors would benefit immensely from this virtual exhibition.

Kaushal Rajapakse, president, PRISL while addressing the online attendees said the institute having served the nation for more than six decades is still a strong catalyst for the development and growth of the polymer industry in Sri Lanka. The two decades following the new millennium also witnessed the strengthening of collaborative relationships between the PRISL and governmental institutions such as the EDB, Ministry of Industries, CEA and the IDB.

The PRISL also made headway in promoting partnerships with overseas organizations and foreign universities for training, workshops and exhibitions. The establishment of the Finite Element Analysis and Simulation Centre (FEASC), as a Public / Private Partnership in 2018, is another strategic milestone in the history of PRISL.

B Swaminathan, CEO of Smart Expos and Fairs India Pvt Ltd, the overseas partner of PRISL, shared that the virtual platform was not merely an alternate during the current COVID period but a sustainable channel for promotion in the coming years.

For further details contact Chaminda Perera +947776129468.

 

 



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SIA warns of 1,000 SME collapses, urges fair policies to protect Sri Lanka’s rooftop solar sector

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The Solar Industries Association (SIA) holds a press briefing in Colombo recently.

By Sanath Nanayakkare

The Solar Industries Association (SIA), representing over 1,000 companies and employing 40,000 workers in Sri Lanka’s rooftop solar sector, issued a stern warning recently regarding threats to the industry’s survival and the nation’s renewable energy ambitions. The association condemned recent regulatory instability and called for urgent policy reforms to avert economic and social crises.

The SIA categorically rejected the Ceylon Electricity Board’s (CEB) claim that rooftop solar installations caused the recent island-wide power outage, calling the accusation “baseless and misleading.”

“Public trust is eroded when accountability is misdirected,” the SIA stated. “We demand an independent, transparent investigation led by experts appointed by the Ministry or the Public Utilities Commission (PUCSL). The CEB’s unilateral statements disregard the sector’s contributions and jeopardize Sri Lanka’s renewable energy transition,” they said.

“While acknowledging the formation of a tariff determination committee, the SIA criticized its narrow focus on financial parameters, ignoring the sector’s socioeconomic value. Rooftop solar empowers businesses and households with energy independence, reduces grid strain, and supports climate goals. However, proposed volatile tariff structures risk destabilizing over 100,000 installations—primarily owned by middle-class families—and deter future investment,” they noted.

“A rigid, equation-based tariff system is unsustainable,” the association warned. “Sri Lanka needs a stable policy framework to attract long-term investments. For instance, retirees could invest EPF savings into solar projects, securing income while advancing national energy targets. Without urgent action, 1,000 SMEs and 40,000 jobs face collapse, with dire consequences for employment, energy security, and economic stability,” they pointed out.

SIA urged policymakers to establish an independent committee to investigate the power outage fairly, expand the tariff committee’s mandate to include socioeconomic and environmental benefits and implement predictable policies to safeguard SMEs, households, and investor confidence.

“Sri Lanka stands at a crossroads,” the SIA emphasized. “Protecting rooftop solar isn’t just about energy—it’s about livelihoods, economic resilience, and a sustainable future. We urge stakeholders to collaborate on solutions that prioritize both people and progress,: they emphasized.

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Sri Lanka makes outstanding appearance at OTM and SATTE 2025 in India

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SLTPB has been a regular member of both OTM and SATTE trade fairs in India

Starting its promotional work for 2025, Sri Lanka Tourism Promotion Bureau (SLTPB) added another feather into its cap of endorsements, by being recognized as the most innovative Tourism Board promotion in Outbound Travel Mart (OTM) . In parallel to that, several other sub events were held. The OTM was held in Jio World Convention Centre, Mumbai—India, from 30th January to 01st February 2025.Before OTM, the Global Village – Global Exchange & Trade Exhibition was held at the Surat International Exhibition & Convention Centre , Sarsana, Surat (Gujarat – India , from 25th to 27th January 2025. This travel fair was organized by Southern Gujarat Chamber of Commerce and Industry (SGCCI).

Sri Lanka participated in both OTM and South Asia’s Travel & Tourism Exchange (SATTE), held from 19th – 21st Feb 2025, in New Delhi, India . This was an excellent opportunity for Sri Lanka to promote it’s potential as a unique travel destination, especially for the Indian counterparts, as SLTPB has identified India as the number one source market for Sri Lanka, tourism bringing the largest number of tourist arrivals to the destination.

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SLT-MOBITEL partners with the Rush Lanka Group to power its apartment portfolio

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Imantha Wijekoon, Chief Business Officer - Consumer Business at SLT, and Zaid Ariff, Director of Construction at the Rush Lanka Group, exchange the signed agreement

SLT-MOBITEL has entered into a strategic partnership with Rush Lanka Group to provide exclusive SLT-MOBITEL Fibre connectivity solutions to their portfolio of luxury apartment developments in Colombo and the suburbs, enhancing the digital experience of all residents.

The agreement was signed between Imantha Wijekoon, Chief Business Officer of Consumer Business at SLT, and Zaid Ariff, Director of Construction at the Rush Group headquarters. Representatives from both companies also attended the ceremony.

Under the partnership, SLT-MOBITEL will serve as the exclusive digital service provider for five prestigious Rush Lanka developments including Street Rush Residencies and Rush Court 4 in Mt. Lavinia, Rush Tower 2, Rush Metropolis in Dehiwala, and Rush Court 5 in Colombo 14. The collaboration ensures residents will enjoy superior fibre connectivity speeds, enabling seamless digital experiences in modern smart homes. The partnership with the Rush Lanka Group aligns with SLT-MOBITEL’s commitment to offer ultra-fast, reliable connectivity solutions to residential developments. Delivering exclusive fibre connectivity to luxury apartments, SLT-MOBITEL ensures residents have access to world-class digital services that complement the living experience promised by Rush Lanka Group.

Powered by advanced fibre technology, SLT-MOBITEL network will provide the residences with seamless performance across digital activities. The SLT-MOBITEL Fibre backbone ensures lag-free experiences whether tenants are gaming online, attending virtual classes, working remotely, or streaming high-definition entertainment. SLT-MOBITEL Fibre will transform the lifestyles of all apartment users bringing greater convenience and superior quality of life.

Rush Lanka Group, established in 1992, is a property developer specializing in luxury and semi-luxury apartments.

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