Business
How Korea Week helped in firming Korea-Sri Lanka bonds via fascinated hearts
“K-pop is more than just Korean music. It is a phenomenon that transcends borders, languages, and generations, connecting people together, said Miyon Lee, ambassador of the Republic of Korea to Sri Lanka, addressing an enthusiastic crowd at the K-Pop World Festival 2025 in Colombo.
Speaking at the grand finale held at the Bandaranaike Memorial International Conference Hall (BMICH) last Saturday, the ambassador described the event as a celebration of rhythm, creativity and cultural unity.
“I am so excited to share this evening with our fellow Sri Lankans—the vibrant rhythm and beat, creativity and the energy of K-pop—and enjoy together the talent and passion of each performer on stage, she told the packed auditorium of fans, families, diplomats and officials.
The festival, part of Korea Week 2025, drew widespread attention, featuring 14 Sri Lankan finalists selected from over 100 applicants. “This year, we received over 100 applications from passionate and talented performers across the country and it was really difficult to select 14 finalists for today, ambassador Lee noted. “My best wishes go to all the artists performing on stage.”
The Colombo event marks the beginning of the journey to the Changwon K-Pop World Festival in Korea—one of the largest global K-pop competitions. “And right here, in Colombo, we begin that journey—with your voices, your moves and your dreams, she added.
The ambassador also acknowledged the eminent panel of judges—Kevin Nugara, Ms. Mudrika Swarnathilake and Dushyanth Weeraman—who were tasked with the challenging job of evaluating the finalists. “Given the intense competition and the dynamic talents on stage, I believe the toughest job falls upon the panel of judges. Thank you for accepting our invitation and for taking up this challenging task.”
Deputy Minister of Foreign Affairs, Foreign Employment and Tourism Arun Hemachandra who attended the event as chief guest, echoed the ambassador’s sentiments and praised the performers for their exceptional energy and creativity.
“Our young Sri Lankan performers lit up the stage with their passion, bringing Korean music and dance to life in a way that truly impressed, Hemachandra said. “This is more than just a competition—it’s a stage where dreams meet opportunity.”
He added, “A heartfelt thank you to all the participants, the dedicated panel of judges and the organizers—including Miyon Lee, the Korean embassy, KBS Changwon and the Korean Cultural Center—for making this event a memorable success.”
Highlighting the broader importance of the event, Hemachandra said, “Cultural events like this bring our countries closer and give our youth the opportunity to shine on international platforms.”
The K-Pop World Festival was part of a double cultural feature hosted by the Korean embassy, which also included the Korean Ambassador’s Cup Taekwondo Championship earlier that day—both held at the BMICH.
The Taekwondo Championship, jointly organized with the Sri Lanka Taekwondo Federation, provided a competitive platform for martial artists across the country to demonstrate their mastery of Korea’s traditional martial art.
Ambassador Lee said the tournament helped deepen bilateral cooperation in sports while promoting Korean culture in Sri Lanka. “Korea Week 2025 is about fostering people-to-people ties—through music, dance, and sport. The enthusiasm from Sri Lankan youth has been overwhelming, she said.
The K-pop competition, meanwhile, unfolded to thunderous applause. Each act showcased intricate choreography, stunning costumes and heartfelt performances. Audience members—many in K-pop-inspired fashion and waving glowing lightsticks—cheered and danced along with the finalists.
By Ifham Nizam
Business
Ceylon Chamber Re-elects Chairperson Krishan Balendra at 187th AGM
The Ceylon Chamber of Commerce announced the re-election of Chairperson Krishan Balendra and the election of its Board for the Year 2026/27 at the Chamber’s 187 th Annual General Meeting on June 25. High Commissioner of Britain to Sri Lanka, Andrew Patrick, attended as Chief Guest.
The 2026/27 office-bearers are Chairperson Krishan Balendra, – Chairperson John Keells Holdings PLC, Vice Chairperson Bingumal Thewarathanthri – CEO, Standard Chartered Bank Sri Lanka, and Deputy Vice-Chairperson Vinod Hirdaramani – Chairman, Hirdaramani Group.
Jayanthi Dharmasena – Managing Director, Hayleys Agriculture Holdings Ltd., Kasturi Chellaraja Wilson – Chief Operating Officer, Head of APAC – 5Hour International Corporation Singapore, Shibani Thambiayah – Managing Director, Renuka Hotels PLC,Supun Weerasinghe – Director/Group CEO – Dialog Axiata PLC, and Shiran Fernando – Secretary-General and CEO will serve as Board Members. Rohana Dissanayake – Group Chairman and Managing Director of David Pieris Motor Company Pvt. Ltd. will also join the Board, replacing Bernhard Stefan – Managing Director – Nestlé Lanka PLC, who relocated overseas.
In his remarks, Balendra noted that over the past year, the Chamber adopted a more solutions-oriented approach to advocacy, focusing not only on identifying challenges but also on developing constructive recommendations in collaboration with government, industry stakeholders, and development partners, with this approach yielding stronger results. “Through our engagement in the Budget 2026 process, eighteen recommendations proposed by the Chamber were incorporated into the national budget, covering areas such as trade facilitation, investment promotion, digitalisation, infrastructure, and improving the ease of doing business.
This builds upon the strong momentum established in previous years and demonstrates the value of evidence-based, constructive engagement.
The Chamber also contributed to addressing emerging global trade challenges, including tariff-related issues affecting Sri Lankan exports. By representing private sector perspectives in Presidential Committees, we supported efforts to safeguard export competitiveness and strengthen trade resilience.”
Beyond advocacy, it significantly expanded its engagement footprint, strengthening bilateral partnerships across more than twenty countries, and supporting more than 1,800 SMEs through training, advisory services, and market access initiatives.
He added that over the next year, the Ceylon Chamber is committed to deepening engagement with members, strengthening global partnerships, enhancing support for SMEs, and accelerating efforts to promote exports and attract investment, and is committed to working with the Government and stakeholders to ensure a resilient and prosperous Sri Lanka.
Business
Kandy’s singing couple striking a harmonious chord
In the hill capital of Kandy, a husband-and-wife duo has won the admiration of music lovers with their shared passion for singing and their dedication to the art.
Vijitha Kingsley Bandara and Umesha Kalhari Navaratne have become familiar voices among audiences in Kandy, entertaining crowds with their musical talents while building a reputation as a versatile singing couple.
Kingsley began his musical journey at the age of 17, performing at outdoor musical shows before gaining opportunities to showcase his talent at several hotels in the Kandy area. His performances for local and foreign tourists further enhanced his reputation as a singer. He later took his musical talents overseas, entertaining audiences in several countries.
For the past 12 years, Kingsley has been engaged in singing at establishments operated by the Devon Group and The Grand Kandyan Hotel in Kandy, following an opportunity extended by Group Chairman Gamini Weeraratne.
Supporting him both in life and music, Umesha has also established herself as a singer, performing at Devon establishments. She also runs a home-based cake-making venture.
The couple, who continue to receive appreciation from music enthusiasts, said they are ready to accept invitations to perform at musical events across the country. They can be contacted on 071-1519130.
Text and Pic by SK Samaranayake
Business
ComBank unveils GIG+ for Lanka’s digital workforce
Recognising the rapid emergence of the gig economy in Sri Lanka, the Commercial Bank of Ceylon has introduced ‘ComBank GIG+’ – a specialised banking solution designed for freelancers, digital entrepreneurs, social media influencers, and individuals and businesses earning in foreign currency through overseas engagements to receive their foreign earnings, including PayPal-linked withdrawals, through a structured banking account.
ComBank GIG+ reflects a decisive shift in the country’s employment landscape, where a growing number of professionals are leveraging global digital platforms and remote work opportunities to build independent income streams. From freelance service providers operating on platforms such as Fiverr, Upwork and Freelancer.com, to content creators monetising audiences across YouTube, TikTok, Meta and X, this segment represents a dynamic and increasingly influential contributor to foreign exchange inflows.
ComBank GIG+ is tailored to meet the specific needs of these digital earners, offering account options in Sri Lanka Rupees as well as major foreign currencies including USD, EUR, GBP and AUD. The account is available to Sri Lankan citizens aged 18 and above residing in the country, as well as duly registered business entities, subject to verification of foreign currency income derived through recognised digital and remote work channels.
Commenting on the introduction of ComBank GIG+, Hasrath Munasinghe, Chief Operating Officer of Commercial Bank said: “The rise of independent digital earners represents a structural shift in how value is created and exported from Sri Lanka. With ComBank GIG+, we are establishing a banking framework that not only recognises this segment, but also integrates it more meaningfully into the formal financial system. This enables individuals and businesses operating beyond traditional employment models to build a verifiable financial track record, access formal financial services, scale their operations, and contribute more visibly to the country’s economic growth.”
The launch of ComBank GIG+ is particularly timely following Sri Lanka’s recent enablement of PayPal linked withdrawals, which has simplified the process of bringing overseas digital earnings into the country.
In addition to facilitating PayPal-linked withdrawals and foreign currency inflows, the Bank said the ComBank GIG+ account offers a range of value-added benefits including first-year fee waivers on credit cards and digital banking services, preferential foreign exchange rates for qualifying conversions into Sri Lanka Rupees, and the opportunity to establish a structured banking relationship that may support future access to financing and other financial solutions. These features are designed to enhance financial efficiency while supporting the day-to-day banking needs of digitally active customers.
By aligning its product innovation with evolving global work patterns, Commercial Bank continues to strengthen its position as a forward-looking, technology-driven institution. The introduction of ComBank GIG+ underscores the Bank’s commitment to supporting new economic segments, enhancing financial inclusion, and enabling Sri Lankan talent to participate more effectively in the global digital economy.
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