Business
Jaffna’s 3axislabs surpasses 100,000 global users with MindMap AI
Jaffna-based 3axislabs is expanding its Sri Lankan operations to meet growing international demand for its services. Having successfully delivered almost 50 projects to date, for clients in the USA, UK, Canada, Australia, Switzerland, Finland and other countries, the firm is planning to increase its staff total to 50 in the near term, while also expanding its offices to accommodate them. Prompted by a surge in the company’s revenues, to LKR 60 Mn in 2024, 3axislabs’ growth follows a chaotic spell experienced during its 2021 start in the midst of the COVID19 era.
According to 3axislabs Co-Founder and CEO Mr. Prasanth Subendran; “After exhaustive efforts hustling to keep afloat during COVID19, we have now seen substantial year-on-year growth, resulting in our rapid expansion to 15 team members recently. We believe this will continue with our new foray into product development with MindMap AI, a very promising initiative that requires our team to expand again very soon. Additionally, we are also excited about our role in helping create an IT hub in the North, since our US dollar earnings benefit Sri Lanka directly, with about 80 percent trickling down to staff and suppliers, along with surrounding communities.”
Alongside the planned expansion to its service delivery infrastructure, the company has also taken its first steps into product development, with the recent launch of a mind mapping tool utilizing generative AI. This note-taking, brainstorming and planning tool, which is aimed at professionals at the initial stages of projects, uses AI to more easily and quickly create a visual mind map to facilitate a better understanding of existing information, also leading to idea generation, etc. 3Axislabs’ MindMap AI has already seen impressive organic growth due to it being quicker and more user friendly than more traditional mind mapping software options, sometimes as much as 10 times faster per user reviews. This AI-powered tool currently receives over 1,500 visits per day purely through organic reach, with about 70 from every 100 visitors eventually signing up. Overall, MindMap AI has quickly grown to over 100,000 registered users, all achieved without paid campaigns. Try out MindMap AI by visiting https://mindmapai.app/.
Subendran added; “As startup and tech veterans with over 10 years each in the local eco-system, my co-founders and I have made it our mission to increase high quality IT jobs in the North and East, to help limit the brain-drain from those moving abroad. In fact, we have been very fortunate in attracting IT talent from not just Jaffna, but also Trincomalee, Chilaw, Pollonaruwa, Badulla, Ratnapura, etc. All over, really. And this has helped us establish a highly diversified and experienced team. Further, our close proximity to the University of Jaffna has enabled us to quickly scale- and skill-up when needed, while also giving these graduates the opportunity to stay close to their families. At the same time, our next stage of evolution, as a product development company, is opening up opportunities for potential investors to join us in creating next-gen products like MindMap AI, based on wholly new technologies, which are currently working their way through our go-to-market pipeline.”
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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