Business
ISMM signs MoU with Ministry of Industries as part of contribution to national endeavour
The Institute of Supply and Materials Management, the pioneer and government recognized institute for Supply Chain Management Education was established on October 24, 1972 and is the leading institute which fosters the professional development of the purchasing and supply chain function in Sri Lanka. It is a member of the Organization of Professional Associations of Sri Lanka (OPA) since 1976 and was incorporated by the parliament by Act No 3 of 1981.
The ISMM is affiliated to the International Federation of Purchasing and Supply Management, which is the world body encompassing 48 national associations, having more than 250,000 professionals engaged in Purchasing and Supply Chain Management. ISMM engages in many educational programs covering all aspects of the supply chain for the last two decades, in addition to conducting other professional short courses, adding more than 10,000 professionals to supply chain management in Sri Lanka.
ISMM, being the national institute enacted by Act Parliament for Supply Chain Professions in Sri Lanka has taken the initiative to sign a MOU with the Ministry of Industries to conduct a national programmes on resilient and sustainable Supply Chain Management for Industries in Sri Lanka. Under this initiative there will be two programmes:
a. One year consultation program on “resilient and sustainable Supply Chain Management for 30 x Industries”.
b. 03 x One day workshops on “how to achieve competitiveness in local and global markets through strengthening supply chain capabilities of Sri Lankan Industries”.
The inauguration ceremony for above programme along with the conduct of an awareness session and first knowledge sharing workshop was held on June 7, at the Western Province Aesthetic Resort, Colombo 07. Secretary, Ministry of Industries, Shantha Weerasinghe, graced this occasion as the Chief Guest. Jayantha Gallahewa, president ISMM, Chaminda Pathiraja, Additional Secretary, Ministry of Industries, Sarath Gamage, President OPA / Immediate Past President ISMM, Maj Gen Renaka Udawatta (Rtd), Vice President ISMM, Lilantha Subasinghe, Vice President ISMM, Dr. (Eng.) Sanath Divakara, General Secretary ISMM, Ms Kunalini Subramanium, Assistant Director, Ministry of Industries, Priyanga Kirihena, Council Member ISMM were among the other officials who participated in the ceremony. As a part of the inauguration ceremony, the signing of the MoU took place at the same venue under the patronage of the above dignitaries and participants from the 30 industries.
Supply Chain Management (SCM) is the optimization of a product’s creation and flow from raw material sourcing to production, logistics and delivery to the final customer. In other words, it is the management of the flow of goods, data, and finances related to a product or service, from its origin (Nature) to the delivery of the product at its destination. SCM encompasses the integrated planning and execution of processes required to manage the movement of materials, information and financial capital in activities that broadly include demand planning, sourcing, production, inventory management and storage, transportation or logistics and returning excess or defective products.
Aim of the Project: To enhance the supply chain management capabilities of Small and Medium-sized Enterprises (SMEs) in Sri Lanka, fostering efficiency and effectiveness in their operations to ensure sustainability.
Scope of the Project: Sharing knowledge on supply chain management, evaluation processes (before and after), conduct workshops, participant assessment, monitoring and evaluation of progress, Field visits, gap identification, and preparation of comprehensive reports for individual SMEs.
Objectives of the project:
The primary objective is to empower SMEs by improving their supply chain management processes and practices, ultimately contributing to their sustainable growth and success in the local and international market. (To reduce waste, costs by improving supply chain management processes and practices, ultimately enhancing the profitability and sustainable growth of Sri Lankan SMEs).
The secondary objective is to Improve the capabilities of the individuals on managing supply chain functions in effective and efficiently.
Direct benefits
Direct benefits are; minimize cost of operations by reducing waste and improving efficiency/productivity of supply chain process, awareness on best practices/standards on supply chain management, Improve networks and relationships with industry experts, awareness on current trends in supply chain management, improve leadership qualities on supply chain decision making.
Business
Sathis Abeywickrama recognized as “Flexo Avenger” at Flexo Summit Asia 2026
Sathis Abeywickrama, Managing Director of Flexiprint (Pvt) Ltd, was recognized as a “Flexo Avenger” at the prestigious Flexo Summit Asia 2026 held in Bengaluru, India, recently. The “Flexo Avenger” is a special recognition conferred on individuals who have made a significant impact on the development of Flexographic printing. He was featured and recognized at the Summit’s “Flexo Avengers: Converters who Changed the Game” session alongside other leading personalities from the region.
“While being recognized as a Flexo Avenger is indeed an honor and prestige, it is also an acknowledgement and recognition of our continued commitment, innovation, and customer focus over a long but successful journey of over four decades. This journey has been marked by significant milestones and goes back to the time when specialized packaging required by our export industry, including tea bag tags and tags, were sourced from overseas,” said Sathis Abeywickrama, Managing Director of Flexiprint (Pvt) Ltd.
Business
NOLIMIT joins Dialog Pay Merchant ecosystem
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced its partnership with NOLIMIT, enabling customers to make secure LankaQR payments using Dialog Pay across all NOLIMIT outlets island-wide. The partnership extends digital payment convenience to one of Sri Lanka’s leading fashion retail brands, with a network of over 30 outlets, while rewarding customers with complimentary Dialog data on eligible LankaQR transactions.
Customers can now use Dialog Pay to purchase a wide range of fashion apparel, footwear, accessories, beauty products, luggage and lifestyle essentials across NOLIMIT stores nationwide. The partnership provides customers with a secure and convenient way to pay while enjoying greater flexibility when shopping for fashion and lifestyle needs.
Commenting on the partnership, Mr. Sham Mohideen, Marketing Manager of NOLIMIT, said, “Today’s customers expect shopping to be simple, convenient and seamless from start to finish. Our partnership with Dialog Pay is another step in enhancing that experience by introducing a trusted digital payment option across our retail network. Together, we are making fashion and lifestyle shopping more convenient while supporting Sri Lanka’s continued transition towards a more digitally enabled economy.”
Dialog Pay, available through the Dialog Pay App and the MyDialog App, brings together connectivity, digital payments and financial services within a single ecosystem, supporting Dialog’s vision of making digital payments simpler, more accessible and more rewarding for every Sri Lankan. Customers can conveniently activate Dialog Pay using their eZ Cash account or by linking their preferred bank account, enabling them to make secure LankaQR payments, transfer funds, access their digital wallet, open savings accounts and fixed deposits, and apply for loans powered by Dialog Finance. Accepted across more than 100,000 retail outlets nationwide, Dialog Pay rewards eligible QR payments with complimentary Dialog data, encouraging greater everyday adoption while supporting Sri Lanka’s continued transition towards a more digitally connected and cash-light economy.
Business
New Anthoney’s Farms recognised as Global Sustainability Leader at Soy Connext 2026
New Anthoney’s Farms, Sri Lanka’s pioneering producer of antibiotic free poultry, has been honoured on the global stage at Soy Connext 2026, the flagship summit of the US Soybean Export Council (USSEC), held from August 5 to 7 at the Hyatt Regency Chicago.
The recognition came during a dedicated sustainability session that brought together a record turnout of more than 800 delegates, the largest in the event’s history. New Anthoney’s Farms was named among global sustainability leaders for its use of the Sustainable U.S. Soy and Fed with Sustainable U.S. Soy labels, standing alongside honourees from the Americas, Greater China and Southeast Asia in what was one of the strongest showings yet for South Asia.
The recognition carries particular weight for New Anthoney’s Farms. In 2023, the company became the first in the South Asia region to secure the Sustainable U.S. Soy licence, verified under the U.S. Soy Sustainability Assurance Protocol. That early move has since made the company a reference point for USSEC when discussing what responsible sourcing looks like in practice, a distinction reflected in the sustainability credentials of Anthoney’s Feeds, the group’s feed milling arm, which underpins the antibiotic free standard the company was built on.
“This recognition reflects a commitment we made years before it became an industry conversation,” said Neil Suraweera, CEO of New Anthoney’s Farms. “Sustainable sourcing and profitability were never competing goals for us. They were always the same goal, and our customers see that in every bird we raise.”

The Chicago honour adds to a year of milestones for New Anthoney’s Farms. The company marked its 40th anniversary in 2026, was named Best Exporter in the Processed Food Category at the 26th Presidential Export Awards organised by the Sri Lanka Export Development Board, and finished as first runner up for Best Stall in the Food and Beverage category at ProFood ProPack. The company also secured up to USD 10 million in investment from the International Finance Corporation, including support from the Global Agriculture and Food Security Program, to expand production capacity by up to 70 percent.
Sri Lanka remains the world’s largest containerised buyer of US soybean meal, importing roughly 255,000 tonnes in 2025 to feed an animal feed industry producing close to 1.3 million metric tons annually, with poultry as its largest customer. New Anthoney’s Farms’ standing at Soy Connext reflects the growing weight of Sri Lanka’s poultry sector within that global supply chain.
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