Business
‘How to protect your wealth from rising inflation with Unit Trusts and diversification’
In recent years, Sri Lankans have seen how unpredictable the economy can be. Simply putting money into a savings account will not help your savings to grow. The latest Colombo Consumer Price Index (CCPI) for May 2026 shows inflation reached 5.5% in May, up from 5.4% in April. Food prices increased by just 0.9% in May, but non-food costs jumped to 7.8%. While this increase was mostly because local energy prices went up due to ongoing tensions in the Middle East, the point is that most savings accounts will not pay you 5.5%.
What is the outcome? When prices rise quickly, savers lose some spending power. Your spending on essentials like housing, electricity, gas and transport that cost Rs. 1,000 today will cost 5.5% more tomorrow, but the interest you earn keeping the Rs. 1,000 in your savings account will not be enough to cover that increase. While experts think inflation will stay above 5% for some time, even fixed deposit interest, after tax, may not offer much of a solution.
So, what should you do? Saving money is a good start and keeps your money safe, like parking your car in the garage. It is secure but does not move… However, investing helps your money grow, fueling your car to move it forward to your destination.
Managing your wealth well means knowing which money to use for different needs. You can divide your money into three groups. The first group is for money you need soon, like school fees or emergencies, so it should be safe and instantly accessible. The short-term JB Vantage Money Market Fund is a good option here. The second group is for money you will need later for mid-term goals typically needed in 3+ years, such as for a house down payment, so that it can grow in an Income or Balanced Fund. The JB Vantage Credit Opportunity Fund fits this need. The last group is for money you need some time in the future, say 7+ years, like for retirement or leaving a legacy. This money can handle short-term changes in a growth-focused Equity Fund, like JB Vantage’s award-winning Value Equity Fund.
Having a mix of different investments is the best way to handle capital market ups and downs and lower risk without losing returns. But building this kind of portfolio by yourself takes a lot of time and research. Christine Dias Bandaranaike, CEO and Portfolio Manager at JB Financial, explains, “For busy professionals, Unit trusts are a very accessible and smart tool for wealth creation, as they provide professional management to everyday investors and simplify investment decision making. Unit Trusts are pooled investment vehicles that offer a powerful yet convenient opportunity to transform your savings into investments. They collect a pool of money from multiple investors to buy a diversified portfolio of pre-agreed asset types. By buying into a proportional share of the fund’s assets, investors get immediate diversification within a few steps. What’s more, investors can easily achieve that mix of different investments that lowers risk and increases returns. This is often called a “financial smoothie,” where your money is spread across government stability, equity growth, corporate income, and market liquidity.”
Unit trusts are also tax pass-through vehicles, so there is no extra tax beyond 10% WHT at the fund level. This makes them a tax-efficient way to get professional investment management. As inflation rises, moving from just saving to investing in strong, diversified products is important for protecting your wealth over the long term.
Business
UN Global Compact Network Sri Lanka mobilizes business to lead with purpose
As businesses navigate an increasingly complex operating environment shaped by workforce transformation, evolving stakeholder expectations, technological disruption and shifting market demands, strengthening performance requires more than new strategies. It requires new ways of thinking, leading, and collaborating.
It was against this backdrop that UN Global Compact Network Sri Lanka convened CATALYZE 2026: Social, bringing together business leaders, sustainability practitioners, policymakers, development partners and industry experts to mobilize collective action and equip businesses with the knowledge, partnerships and practical approaches needed to strengthen performance through responsible business.
More than a forum for dialogue, CATALYZE 2026 was designed to help businesses think differently about performance. It reinforced that long-term success is increasingly shaped by how organizations lead, uphold human rights, foster inclusive workplaces, strengthen ethical governance, and build cultures that enable innovation, resilience and trust. Responsible business is no longer separate from business performance — it is fundamental to it.
Aligned with the UN Global Compact’s 2026–2030 Global Strategy, the Forum reflected its three strategic pillars — Equip, Catalyze and Advance — by strengthening business capability, fostering collaboration and mobilizing leadership to accelerate progress on social sustainability.
UN Global Compact Network Sri Lanka’s approach to social sustainability centres on driving this change — recognizing that meaningful progress comes not only through policies and commitments, but through the everyday decisions, leadership behaviours and organizational cultures that shape how businesses operate. CATALYZE 2026: Social encouraged participants to move beyond intention towards implementation, embedding responsible business practices into strategy, governance and organizational culture.
Opening the CATALYZE 2026: Social, Rathika de Silva, Executive Director of UN Global Compact Network Sri Lanka, spoke to the role of responsible business leadership in strengthening Sri Lanka’s global competitiveness:
“Sri Lanka has the workforce, resilience, and opportunity to compete not by being the cheapest producer, but by becoming the most trusted. As global expectations evolve, compliance is no longer simply a cost of doing business — it is the foundation of market access, and the decisions we make today will determine how strongly we compete in the markets of the future.”
The Forum featured keynote addresses, leadership dialogues and technical sessions on the issues shaping the future of business, including business integrity and anti-corruption, human rights, neurodiversity and inclusive workplaces, artificial intelligence and the future of jobs, the Women’s Empowerment Principles (WEPs), responsible sustainability communications, and workforce resilience. Together, these discussions highlighted how responsible leadership, inclusive practices, and strong governance contribute to organizational resilience, innovation, and long-term performance.
Business
A regional conversation on the future of English language teaching
Free British Council online conference brings together leading educators from across South Asia to explore how creativity, inclusion and technology can help prepare learners for a rapidly changing world
The British Council has announced the South Asia TeachingEnglish Online Conference 2026, a free three-day event that will convene educators, researchers and teacher educators from across the region to examine one of the most pressing questions facing education today: how can schools equip learners with the creativity, adaptability and communication skills needed to thrive in an increasingly complex world?
Taking place from 23–25 July 2026, the online conference comes at a time when education systems across South Asia are grappling with the challenge of balancing curriculum demands, assessment pressures and evolving learner needs. While English remains a critical gateway to academic and professional opportunities, educators are increasingly seeking approaches that move beyond language acquisition alone to foster critical thinking, collaboration, learner agency and participation.
Business
The Ceylon Chamber convenes dialogue on energy security and standards for Sri Lanka’s energy transition
The Ceylon Chamber of Commerce recently hosted a discussion titled “Energy Transition in Sri Lanka: Strategic Insights from Global Markets”, bringing together representatives from the public and private sectors, industry experts, academics, and other stakeholders to examine the opportunities and challenges associated with Sri Lanka’s evolving energy landscape.
Held at a time when countries around the world are accelerating their transition towards cleaner, more resilient, and technology-driven energy systems, the event provided a timely platform to examine renewable energy not only as an environmental priority but as a strategic pillar of national energy security, with implications for economic growth and long-term competitiveness. The discussion also considered the increasing importance of reliable energy infrastructure in meeting the growing demands of digital transformation, including emerging technologies such as artificial intelligence, electric mobility, and data centres.
The programme covered a wide range of topics relevant to Sri Lanka’s energy future, including renewable energy development, energy security, regulatory and policy frameworks, electricity sector reforms, energy storage systems, grid modernization, investment and financing considerations, and international experiences in energy transition. Particular attention was given to the need for creating an enabling environment that supports innovation, attracts investment, including the technical and safety standards required to protect consumers and businesses as storage and solar adoption scales nationally.
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