Business
Hunas Holdings announces landmark partnership with Adrian Zecha
In an exciting and highly positive development for Sri Lanka’s rebounding tourism industry, Hunas Holdings PLC – the company that owns the legendary, multigenerational favourite, the Hunas Falls Hotel – has announced a landmark partnership with Azotels – a company owned and managed by the ‘Hotelier of the Century’, Adrian Zecha. The partnership will see Azotels developing the present Hunas Falls Hotel into a high-end luxury hotel with villas, whilst also undertaking the management of the establishment, which is guaranteed to bring it in line with the best hotels in the world.
Hunas Holdings PLC, formerly known as Hunas Falls Hotels PLC, is a diversified conglomerate operating across five industries with a presence in hospitality and tourism, real estate, renewable energy, and tea plantations, factories and tea brokering. The Hunas Group continues to strive forward with a keen eye on sustainability, fully aware that progress and preservation goes hand in hand and that it is a testament to the unwavering vision and tireless efforts of the Hunas Holdings PLC.
Discussing the significance and value of the partnership, Dhanuka Samarasinghe, Chairman at Hunas Holdings PLC said, “This partnership is an incredible milestone for Hunas Falls Hotel as we celebrate 50 years of memories. We truly believe that Hunas Falls hotel is a beautiful asset of Sri Lanka. It will be an honour to work together with Zecha, a distinguished outlier in the hospitality industry, with over 50 years of experience, and only an ever-increasing passion for the industry. At Hunas Holdings, we share a mutual vision with Zecha, in terms of working together with local communities to preserve the natural environment, culture, architecture and diversity, whilst bringing it all together in an exquisite and unforgettable experience for guests. This core ethos of harmony extends beyond our hospitality interests and is something we strive to achieve in all aspects of our business. Therefore, we couldn’t be happier to announce this partnership, and we look forward to transforming the Hunas Falls experience, guided by Zecha’s visionary insights.”
Adrian Zecha is a true veteran, visionary and pioneer in the hospitality industry, with over 5 decades of experience under his belt, carrying the prestigious title of ‘Hotelier of the Century’ from Forbes Magazine, along with a string of other prestigious accolades and unique lifetime accomplishments. He is the pioneer of the luxury boutique villa concept and effortlessly intertwines natural beauty, architectural heritage, cultural diversity and environmental sustainability, seamlessly in his own unique style, through his various hotels across the world. Zecha’s portfolio of hotels, which included his uniquely popular and signature brand, Aman Resorts, are notably recognized for its award-winning designs, extraordinary levels of space & lifestyle elements & above all, for the continued seamless personal service offered to his guests.
The partnership between Hunas Holdings and Azotels underscores the exceptional value that Sri Lanka represents to the global tourism industry, and will create an ideal platform upon which the industry can build and pivot towards attracting the high-value luxury tourism segment, and repositioning Sri Lanka as a true luxury travel destination.

Board of Directors of Hunas Holding from Left to right: Toshiaki Tanaka – Director, Dhanuka Samarasinghe – Chairman, Atheeq Ansar – Managing Director, Misako Tanaka – Director
Business
Sri Lanka eyes India grid link as ADB pushes Pan-Asia energy integration
Sri Lanka’s long-discussed electricity grid connection with India is gaining renewed momentum, as the Asian Development Bank (ADB) intensifies efforts to promote cross-border energy integration across the region.
At the ADB Annual Meetings in Samarkand, Senior Director for Energy, Priyantha Wijayatunga, identified the proposed India–Sri Lanka grid interconnection as the most promising avenue to strengthen the island’s power sector. The concept dates back to the 1970s, when Sri Lanka, following the completion of the Mahaweli Development Project, even explored the possibility of exporting electricity. However, rapid economic growth and rising domestic demand shifted the country toward energy imports.
Today, with energy security and cost pressures mounting, the idea has regained urgency. “The time is right,” Wijayatunga said, stressing that political will and financing will be decisive. While undersea transmission cables make the link technically viable, costs remain a major challenge. The ADB, he confirmed, stands ready to support Sri Lanka as a development partner in advancing the project.
Sri Lanka’s prospects are closely tied to a broader regional vision being advanced by the ADB through its Pan-Asia Power Grid Initiative (PAGI). The initiative aims to transform how energy is produced, shared, and consumed across Asia and the Pacific by promoting cross-border electricity trade and grid connectivity.
PAGI is designed not merely as a collection of projects, but as a systems-level integration platform that connects national grids into subregional and eventually continent-wide networks. Its core objectives include bridging energy gaps, enhancing energy security, integrating large-scale renewable energy, and strengthening resilience across interconnected systems.
A key pillar of PAGI is leveraging the region’s resource complementarity. Countries in South Asia, for instance, possess uneven but highly complementary energy resources—hydropower in Nepal and Bhutan, and solar and wind potential in India. By linking grids, countries like Sri Lanka could tap into these diverse energy sources, reducing dependence on costly fossil fuel imports while improving reliability.
ADB estimates suggest that deeper regional power trade in South Asia could yield substantial economic benefits, including lower system costs and more efficient energy distribution. The initiative also envisions mobilizing up to $50 billion in investments by 2035, expanding transmission infrastructure, and improving electricity access for millions.
For Sri Lanka, integration into such a regional grid could be transformative. A connection with India would allow the country to import affordable electricity during shortages, stabilize supply, and support its transition toward cleaner energy. It could also open the door to future participation in a wider South Asian power market.
With feasibility studies and policy discussions already underway, and with ADB backing firmly in place, Sri Lanka’s long-envisioned grid connection with India now appears more achievable than ever.
As the Samarkand meetings underscore the urgency of regional cooperation in an increasingly uncertain energy landscape, Sri Lanka stands at the threshold of a new chapter—one where energy security is strengthened not in isolation, but through connection.
by Sanath Nanayakkare in Samarkand, Uzbekistan
Business
Oceans in crisis: Sri Lanka hosts ‘Sharks International 2026’ amid stark warnings
Sri Lanka this week finds itself at the centre of a deepening global ocean crisis, as leading scientists, policymakers and conservationists gather in Colombo for Sharks International 2026—a high-profile summit unfolding against mounting evidence that the world is rapidly losing control of its marine ecosystems.
The conference, now underway at the Bandaranaike Memorial International Conference Hall, marks the first time the prestigious forum has been hosted in Sri Lanka. But beneath the diplomatic language and scientific exchanges lies a far more urgent reality: the collapse of shark and ray populations is no longer a distant environmental concern—it is an unfolding economic and food security emergency.
More than 100 million sharks and rays are being wiped out globally each year, largely due to overfishing and illegal, unreported and unregulated (IUU) fishing. In Sri Lanka, the situation is particularly acute. Of the 105 species recorded in local waters, nearly 70 are now threatened with extinction, a statistic that scientists warn should set off alarm bells far beyond conservation circles.
Deputy Minister of Environment Anton Jayakody did not mince words when addressing the gathering, framing the issue not just as an ecological tragedy but as a looming economic shock.
“This is not just about saving species. It is about protecting the foundation of our fisheries, our food systems, and the livelihoods of thousands of Sri Lankans. If shark and ray populations collapse, the consequences will ripple through the entire marine economy,” he said.
Sharks and rays sit at the top of the ocean food chain. Their disappearance disrupts the delicate balance of marine ecosystems, triggering cascading effects that can decimate commercially valuable fish stocks. For a country like Sri Lanka—where coastal communities depend heavily on fisheries—this is not an abstract threat but a direct challenge to economic stability.
Yet despite years of warnings, critics argue that global action has been dangerously slow, fragmented, and often undermined by competing commercial interests.
By Ifham Nizam
Business
SriLankan Airlines leads with two category wins in South Asia at PAX Awards
SriLankan Airlines led with two wins in the Airline Award category for South Asia, securing both Best Overall Passenger Experience and Most Improved Airline at the PAX International Readership Awards 2026 held recently in Hamburg, Germany. The awards celebrate the industry’s best and brightest, with winners determined by votes from PAX’s global readership.
The Best Overall Passenger Experience – South Asia award recognises an airline that delivers an exceptional onboard experience to passengers across multiple service areas, including meal service, inflight entertainment and seating. At SriLankan Airlines, this entails meticulous planning at every stage of the passenger journey, supported by collaboration among multiple teams and continuous monitoring and refinement.
Maria Sathasivam, Manager Product Development of SriLankan Airlines, commented on the achievement, stating, “we are incredibly honoured to receive yet another independent endorsement of the service we deliver. Every interaction matters to us, and we are committed to consistently meeting and exceeding passenger expectations, and it is truly rewarding to see these efforts recognised.”
SriLankan Airlines continues to enhance the end-to-end travel experience, from booking through to arrival. Ongoing digital upgrades, including improvements to the airline’s website and app, are designed to deliver a more intuitive and seamless customer experience, supported by AI-driven features and expanded ancillary offerings. At its hub, the Bandaranaike International Airport in Colombo, the airline has also expanded self-check-in and bag drop facilities for added convenience.
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