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JAT Holdings and MTV Channel Private Limited join forces

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JAT Holdings PLC, the market leader for wood coatings in Sri Lanka, is proud to announce a groundbreaking partnership with MTV Channel Private Limited, a leading broadcaster and media organization. This strategic collaboration, which is the first of its kind, will see JAT Holdings join forces with MTV Channel Private Limited as the media partner for the JAT Pintharoo Shilpee Abhiman programme, further expanding its scale, scope and coverage. Thus, the partnership marks a significant milestone in the history of JAT Holdings and the entire woodcraft industry in Sri Lanka.

The JAT Pintharoo Shilpee Abhiman programme, initiated in December 2021, has already witnessed over 250 painters successfully graduate with internationally-recognized NVQ Level certifications, provided by JAT. .Holdings in partnership with the National Apprentice and Industrial Training Authority (NAITA). This long-term initiative aims to uplift communities of woodcraftsmen and painters by providing recognition, financial stability and professional training to skilled individuals who demonstrate exceptional talent but lack formal certification. Now, with JAT Holdings PLC’s media partnership with the MTV Channel Private Limited, JAT Pintharoo Shilpee Abhiman is set to reach new heights and enable more woodcraftsmen and painters to participate and benefit.

The partnership was officially entered into at a special ceremony and press conference held to mark the occasion, on the 14th of July 2023, at MBC Network’s flagship Stein Studios. Senior representatives from both organizations were present at the event, including from JAT Holdings PLC, Nishal Ferdinando – CEO, Wasantha Gunaratne – Director Sales & Technical, and Dilshan Rodrigo, – Senior General Manager- Marketing, and from MTV Channel Private Limited, Chandana Sooriyabandara, CEO – Stein Studios and Roshan Watawala, Director – News 1st.

Mr. Nishal Ferdinando, expressed his enthusiasm for the partnership and the programme saying, “This partnership with MTV Channel Private Limited is a game-changer for the Pintharoo Shilpee Abhiman programme. We are joining forces with a reputable and wide-reaching media organization that is renowned for continuously carrying out projects to build a better and sustainable society. They share our vision for a brighter and more inclusive future. Leveraging this partnership, we will work together to significantly increase the program’s awareness, reach, and coverage. This will create more opportunities for woodcraftsmen and painters to enrol and develop their skills. Personally, I am immensely pleased as this programme is close to my heart. I look forward to this partnership further revolutionizing the woodcraft industry in Sri Lanka, uplifting our communities, and providing a platform for talented individuals to thrive.”

The collaboration will connect JAT Pintharoo Shilpee Abhiman with the public in all three languages through various channels, including TV, radio and digital platforms. These include MBC’s TV channels, such as Sirasa TV, Shakthi TV, and TV1, and radio stations such as Sirasa FM, Shakthi FM, and Yes FM, as well as its digital platforms such as News 1st’s Facebook page and YouTube channel. MBC Network’s diverse audiences will be treated to engaging content including teasers, trailers, live updates, news segments and special programmes and documentaries, to be rolled out in three phases.

Phase 1 will feature a series of JAT certified painter testimonials in Sinhala and Tamil, highlighting the success stories of JAT Pintharoo Shilpee Abhiman graduates. This phase aims to inspire aspiring painters by sharing the achievements of the talented graduates. Phase 2 will include a series of painter workshops that will take place in eight different locations across the island. The primary objective of these workshops is to provide painters with the necessary technical knowledge and skills to enhance industry standards. By uplifting the skill set of painters, JAT aims to contribute to the growth and development of the industry as a whole. Phase 3 will introduce an exciting and innovative initiative, which will be a first of its kind in the industry. JAT Holdings and MTV//MBC Network are eager to share more details about this programme in the upcoming weeks as it unfolds.

Commenting on this historic partnership, Chandana Sooriyabandara, CEO – Stein Studios of MTV Channel Private Limited said, “It’s an honour to partner with such a visibly beneficial and uplifting social programme as JAT Pintharoo Shilpee Abhiman. Leveraging the extensive reach of our network, we aim to work together with JAT Holdings PLC to empower painters and woodcraftsmen across Sri Lanka, providing them with opportunities for growth, recognition and success. We’re confident that this initiative will help transform the woodcraft industry in the Island, and contribute to the development of certified, skilled professionals with bright prospects.”

As the partnership between JAT Holdings PLC and MTV Channel Private Limited unfolds over the next six to seven months, the JAT Pintharoo Shilpee Abhiman Programme will continue to shape the woodcraft industry in Sri Lanka. To learn more about JAT Pintharoo Shilpee Abhiman, interested parties can call 0777468295 or 0769984365.



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IMF approves USD695 million for Sri Lanka

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AFP –The International Monetary Fund’s (IMF) board approved two reviews of Sri Lanka’s loan programme, making USD695 million in additional loans immediately available to the island nation.

It is the latest tranche in the country’s four-year USD3 billion bailout, with the Fund warning of further risks due to the economic impact of the Middle East conflict.

Surging oil prices due to the conflict have heavily impacted many import-dependent Asian countries.

“Sri Lanka’s strong implementation under the EFF arrangement has continued despite challenging circumstances,” said the IMF’s Deputy Managing Director and Acting Chair Kenji Okamura.

“Gains from the economic reform programme helped preserve economic resilience and provided room to respond to cyclone Ditwah and the Middle East conflict. The latter, however, has significantly worsened Sri Lanka’s economic outlook and tilted risks to the downside.”

The IMF projects 2026 growth to slow to three per cent, with higher oil prices increasing inflation and weighing on the current account balance.

The board’s approval was contingent on Sri Lanka adjusting certain energy market subsidies issued in the wake of the conflict.

The statement said the Sri Lankan authorities had met the Fund’s requirements on fuel and electricity prices meeting cost-recovery criteria.

Criteria on ensuring no new external debts and on not imposing or intensifying import restrictions “were not observed”, however.

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Cambridge College honours students at awards ceremony

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Guests with an award winner at the certificate and medal awarding ceremony Hindu Cultural Hall in Kandy

The Cambridge College of English Language Training recently held a certificate and medal awarding ceremony to recognize the academic achievements of students who successfully completed Cambridge English examinations.

The ceremony was held at the Hindu Cultural Hall in Kandy with the Vice Chancellor of the University of Peradeniya, Prof. W.M.T. Madhujith, attending as the Chief Guest, while Kandy Mayor Chandrasiri Wijenayake participated as the Guest of Honour.

Founded on March 1, 2024, by English tutor, author and Cambridge TKT lecturer T. Ravichandran, the institution has emerged as a leading centre for Cambridge English examination preparation in Kandy.

Beginning with an initial intake of 30 students, the college has expanded rapidly and currently serves more than 300 students.

The institution’s achievements were further recognized when it received the “Emerging Star Award 2025” at the Annual Coordinators Conference 2025 (South Asia).

The college provides training for students between the ages of seven and 18 across six stages of Cambridge English examinations, including Young Learners English (YLE) Starters, Movers and Flyers, as well as KET, PET and FCE examinations.

Cambridge English qualifications are internationally recognized and are designed to assess language proficiency in line with the Common European Framework of Reference for Languages (CEFR).

The ceremony concluded with the presentation of certificates and medals to students in recognition of their academic performance and commitment.

Text and Pic by SK Samaranayake

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ABC Australia, Maharaja Media Network ink MoU to expand Indo-Pacific media collaboration

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Nishantha Bakmeege President Sri Lanka chamber garment exporters (SLCGE)

The Australian Broadcasting Corporation (ABC Australia) has signed a Memorandum of Understanding with Sri Lanka’s Maharaja Media Network (MMN), marking a significant expansion of media cooperation aimed at strengthening content exchange, co-productions and professional collaboration across the Indo-Pacific.

The agreement builds on an initial broadcast partnership established in 2022 and an expanded licensing arrangement in 2023, under which ABC programming was made available free-to-air to Sri Lankan audiences through MTV Channel (Private) Limited, part of the Capital Maharaja Group.

Under the new framework, the two organisations will collaborate across television, radio and digital platforms, with a focus on co-produced content, editorial exchange, training opportunities and joint storytelling initiatives.

MMN, Sri Lanka’s largest media network, operates across television, radio, digital media, music and film, including MTV Channel (Private) Limited and MBC Networks (Private) Limited.

Australian High Commission officials described the agreement as a deepening of regional media ties. “This will cover co-production, content sharing and broader cooperation across the Asia-Pacific in telling stories that speak to both countries,” said Matthew Duckworth.

ABC International Head Claire M. Gorman said the partnership reflected a shared commitment to public-interest media and stronger regional storytelling.

Capital Maharaja Group Director Chevaan Daniel said the relationship, which began during Sri Lanka’s economic crisis in 2022, had grown through continued collaboration, including during the 2025 Ditwah cyclone response.

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