News
Lankan organic companies shine at BIOFACH 2022
European Union (EU), Federal Ministry for Economic Cooperation and Development (BMZ), Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ) and Import Promotion Desk (IPD) together with Sri Lanka Export Development Board (EDB) supported the participation of eleven Sri Lankan companies at the World´s Leading Trade Fair for ‘Organic Food and Natural Beauty’ – BIOFACH 2022 in Nuremberg, Germany, an EU release said.
A statement from Nuremberg said: “Organic food production and trade is evolving into a rapidly growing industry across the world. Prompted by a developing inclination for healthy life choices and awareness on the benefits of organic food, a greater number of global consumers are opting for organic products. In the midst of this competitive industry, Sri Lankan producers and manufacturers find themselves in lucrative circumstances. In spite of ongoing socio-political challenges, Sri Lankan producers and exporters continue to ensure the production and export of high quality, certified products. Sri Lanka maintains a reputation in organic crop production among other producer countries; demonstrating great potential as a trustworthy, high-quality contributor to international organic food markets for over a decade.
Continuing to amplify Sri Lanka’s significant position within the industry, EDB, together with the EU), BMZ, GIZ and IPD, supported the participation of eleven Sri Lankan companies at the World´s Leading Trade Fair for ‘Organic Food and Natural Beauty’ – BIOFACH 2022 in Nuremberg, Germany. The selected companies participated in a series of trainings and workshops carried out by EDB and IPD, to advance their networking and marketing skills prior to the trade fair.
The participating Sri Lankan companies showcased a wide range of agricultural products at the Sri Lanka Pavilion including a range of organic agriculture products such as food & beverages, spices, tea, coconut based products, fruits & vegetables. The Pavilion was a networking hub for the participating companies to display and highlight their products and capacities; establishing contacts and developing professional relationships with potential buyers and stakeholders within the European market. The Sri Lanka Pavilion was ceremoniously declared open by Suresh De Mel (Chairman, EDB) and Judith Emmerling (Head of Sourcing and Markets, IPD).
In his opening remarks, De Mel stated, “It is encouraging to see the resilience and enthusiasm of the participants despite the challenging circumstances in Sri Lanka.”
This year, more than 3000 international exhibitors representing over 100 countries attended BioFach, representing the latest innovations and trends within the organic food sector.Sri Lanka’s participation in BioFach 2022 was facilitated as part of the Multi-Donor Action ‘Support to Small and Medium Enterprises in the Organic Agriculture Sector’ jointly co-financed by the EU and BMZ, supporting existing and new organic food producers in Sri Lanka to access new markets, particularly in the EU, as well as provide private investment opportunities.
News
Chemmani mass graves: Govt to seek international forensic help
ECONOMYNEXT –International assistance for forensic analysis of the remains unearthed at the Chemmani mass grave will be sought when the need arises, Sri Lanka’s Minister of has Justice said after opposition legislators urged the government to seek help.
“We have spoken to embassies, we have made all the local finances necessary for excavation. But when it comes to DNA analysis, depending on the type and nature we will definitely have to go for internationally recognised places,” Harshana Nanayakkara said in response to a query in Parliament.
Nanayakkara said that request for international expertise is dependant on the direction the courts give on what needs to be done, after which they will decide which agency best suits the proceedings.
The minister also recognised that local expertise is lacking in the forensic department, and the need to train local staff with the help of international experts.
Opposition MPs argued that the present need is direct help in forensics from international entities, rather than the longer term need to train the staff on analysis.
Currently, the investigation is in the excavation and exhumation stage, conducted by archaeologist Raj Somadeva and his team.
The existence of the Chemmani mass grave was first brought to light in 1998, during the trial of the rape and murder of schoolgirl Krishanti Kumaraswamy.
In February 2025, construction workers found remains near the Sinthupathy Cemetery, and following investigations ordered by the Learned Magistrate, the mass grave was discovered.
412 bodies have been discovered, with 409 bodies recovered as of 23 June 2026. According to the Office on Missing Persons, this is the 17th recorded mass grave in Sri Lanka.
News
ADB approves $57.4 million package to boost Lanka’s rooftop solar drive
The Asian Development Bank (ADB) has approved a $57.4 million financing package to help Sri Lanka expand access to affordable clean energy and reduce greenhouse gas emissions through a large-scale rooftop solar aggregation and virtual net metering programme.
The financing comprises a $35 million concessional loan, $16.9 million in grants from the European Union and $5.5 million from the Japan Fund for the Joint Crediting Mechanism. With additional contributions from implementing agencies, the total estimated cost of the project is $80.5 million.
Under the Rooftop Solar Aggregation and Virtual Net Metering Project, two state-owned utilities — Electricity Distribution Lanka (Private) Limited and Lanka Electricity Company (Private) Limited — will introduce a scalable model to collect electricity generated from large rooftop solar installations and allocate the benefits virtually among eligible consumers.
The initiative will allow consumers to access solar power benefits without having to install individual rooftop solar systems.
ADB Country Director for Sri Lanka Shannon Cowlin said the project would broaden access to affordable renewable energy while strengthening the resilience and inclusiveness of the country’s power sector.
She said the initiative would also support grid modernisation and digital transformation, while creating employment opportunities and encouraging greater participation of women and youth in the clean energy sector.
The project is expected to benefit micro, small and medium enterprises and community organisations that face financial or space constraints in installing their own rooftop solar systems. Through a social compensation mechanism, eligible groups will receive reductions in electricity costs under the virtual net metering system.
The programme will support around 25 megawatt-peak of rooftop solar capacity while strengthening distribution networks, improving digital capabilities and preparing the national grid to accommodate higher levels of distributed renewable energy.
A dedicated training facility will also be established under the project to develop green skills, enhance women’s participation in the sector and build technical expertise in advanced low-carbon technologies.
News
Bond scam case against Mahendran, Ravi K fixed for July 22
The Colombo High Court on Friday ordered that proceedings in the case filed against 11 defendants, including former Central Bank Governor Arjuna Mahendran and former Finance Minister Ravi Karunanayake, over alleged irregularities in the Central Bank bond auction be taken up again on July 22.
The case was called before Colombo High Court Judge Manjula Thilakaratne, who informed court that the Trial-at-Bar bench appointed to hear the matter had not been properly constituted.
Accordingly, the judge directed that the case be recalled on July 22 for further proceedings.
The Attorney General has filed indictments under the Public Property Act against 11 accused, including Mahendran, Karunanayake, Perpetual Treasuries Limited and its directors Arjun Aloysius and Geoffrey Aloysius.
The accused have been charged over alleged irregularities connected to a Treasury bond auction conducted by the Central Bank in March 2016.
-
Features7 days agoSri Lanka developing independent hydrographic capabilities
-
Opinion6 days agoRanasinghe Premadasa: The man who would not take ‘No’ for an answer
-
News1 day agoAnother 1,132 Sri Lankan Personnel to be deployed for United Nations Peacekeeping Missions
-
Opinion5 days agoSri Lanka’s national security: Justice, reconciliation, and forward-looking vigilance
-
News5 days agoUS Assistant Secretary of State for South and Central Asian Affairs meets President
-
News3 days agoKelaniya emerges as highest ranked Lankan uni in Times Higher Education Sustainability Impact Ratings
-
Opinion4 days agoA triumph for Pakistan’s skilled diplomacy at Iran-US talks
-
Business7 days agoUniversity of West London opens Sri Lanka’s first full UK university branch campus
