Business
Monaragala wilting under the scorching impact of climate change
Sri Lanka’s agricultural backbone, the Monaragala District, is buckling under the weight of climate change, according to the Centre for Environmental Justice (CEJ). Executive Director, Dilena Pathragoda, speaking to The Island Financial Review said that their study outlines a stark warning that the district’s economic survival is in grave danger unless urgent action is taken.
Speaking on the findings of a new study, he stated, “The impacts of climate change are no longer distant predictions. They are happening here and now; devastating crops, livelihoods and the economic lifeblood of Monaragala.”
The report paints a worrying picture. Monaragala, traditionally a region reliant on rice, sugarcane and seasonal crops, is seeing shifts in temperature and rainfall that severely disrupt agricultural activities. The district’s average temperature has already risen by one degree Celsius over the past four decades, a trend that is expected to accelerate. Future climate projections suggest that, without substantial mitigation efforts, the region could experience temperature increases that make traditional farming almost impossible during key growing seasons.
Rainfall, once predictable and sufficient to sustain farming cycles, is becoming increasingly erratic. Extended dry spells and unseasonal rains are throwing planting schedules into chaos. The report notes that the first inter-monsoon and Northeast monsoon periods, critical to both paddy and seasonal crop cultivation, are seeing decreased rainfall in key areas. This reduction is contributing to an alarming depletion of groundwater and reservoir levels, threatening both crop irrigation and drinking water supplies.
Pathragoda emphasized that the economic consequences of these changes are already being felt. Farmers, particularly in areas like Siyambalanduwa and Buttala, are struggling to maintain their livelihoods. Loss of crops not only reduces household incomes but also increases food insecurity and triggers wider economic instability. With agriculture employing a significant majority of Monaragala’s working population, the ripple effects of climate failures are profound, reaching into every sector from local markets to transportation and small industries.
Compounding the issue is the poor state of local irrigation systems. According to the study, many of the district’s small and medium-scale tanks, once critical sources of irrigation, have been abandoned or fallen into disrepair. Water shortages have led to fierce competition among farmers and the need to adopt costly alternatives, such as deep-well pumping systems, is pushing many into debt. Meanwhile, the lack of access to drought-resistant crop varieties and modern water conservation technologies is leaving the majority of smallholder farmers dangerously exposed.
The Centre for Environmental Justice is calling for an immediate, coordinated response. Pathragoda insists that restoration of water storage infrastructure, adoption of climate-resilient agriculture techniques and the empowerment of local farming communities must become national priorities. He pointed out that the survival of Monaragala’s economy, and indeed its social stability, depends on whether these adaptation measures are rolled out quickly and effectively.
“The time for abstract discussions is over,” Pathragoda said. “We must bring national policies down to the village level, equipping farmers with real tools to adapt and survive. Otherwise, we risk witnessing an irreversible collapse not only of livelihoods but of entire communities.”
The situation in Monaragala serves as a grim warning for other districts in Sri Lanka. Without decisive action, the economic heart of rural Sri Lanka could wither under the harsh new realities of a changing climate, leaving devastation in its wake.
By Ifham Nizam
Business
Climate compliance pressure mounts on Lankan businesses
Lankan businesses are facing increasing pressure to strengthen climate governance, compliance, and risk management frameworks as climate-related disclosure requirements, investor expectations, and regulatory standards continue to evolve.
Against this backdrop, Genesis – the Dilmah Centre for a Sustainable Future will host a specialised post-summit technical workshop titled “Climate Action: A Strategic Executive Workshop on Climate Resilience and Business Continuity” on June 12, in Colombo.
The programme is designed as a continuation of discussions initiated at the Sri Lanka Climate Summit 2026 and will bring together sustainability managers, compliance officers, ESG professionals, risk specialists, and corporate decision-makers. It aims to translate climate commitments into practical business strategies.
The workshop will focus on implementation rather than advocacy, examining emerging disclosure frameworks, financing mechanisms, and regulatory pathways shaping corporate climate action in Sri Lanka.
Keynote speaker Dr. Lalanath de Silva, an internationally recognised environmental lawyer and governance expert, will address the evolving legal and compliance landscape influencing climate-related business decisions.
Technical sessions will cover IFRS S2 climate-related disclosures, climate risk governance, green finance opportunities, internal carbon pricing, and access to climate financing. Speakers will include climate risk specialist Rohan Cooray, Shiranee Yasaratne of Biodiversity Sri Lanka, and Suganthi Samarasinghe of UNDP Sri Lanka.
Organisers said climate readiness is increasingly becoming a business necessity rather than a sustainability option, with growing scrutiny from global markets and regulators.
Participation is free of charge, but prior registration is required due to limited seating for professionals in sustainability, governance, compliance, and risk management roles.
Business
SPAR Sri Lanka Opens New Outlet in Kurunegala
SPAR Sri Lanka has expanded its retail network with the opening of a new outlet in Kurunegala, marking another milestone in the supermarket chain’s growth across the country.
The new store, strategically located to serve the growing population of the North Western Province, offers a wide range of products, including fresh fruits and vegetables, premium meat products, bakery items, household essentials and both local and international brands.
The outlet also features several specialty sections, including a Coconut Corner, Wellness Corner and a dedicated area catering to pet care products.
Speaking at the opening, SPAR Sri Lanka Chief Executive Officer Kumar de Silva said the new outlet reflects the company’s commitment to delivering a “glocal” shopping experience by combining international retail standards with local customer preferences.
“Our Kurunegala outlet reflects our dedication to providing customers with the best range, superior quality and exceptional service under one roof,” he said.
The store also offers SPAR’s signature fresh food concepts, including in-store bakery products, ready-to-eat meals and freshly prepared juices aimed at meeting the needs of busy consumers.
The company said customers will benefit from a range of promotional offers, loyalty rewards, weekend deals and seasonal discounts.
SPAR Sri Lanka said the expansion would also contribute to local economic development through employment generation and support for local suppliers, further strengthening the country’s retail sector.
Pic and Text by SK Samaranayake
Business
Royal end title drought with dramatic shootout triumph
Royal College, Colombo, emerged unbeaten champions of the All-Island Under-20 Hockey Tournament after defeating defending champions St. Thomas’ College, Matale, in a nail-biting sudden-death penalty shootout at the Rajarata University Grounds in Mihintale last week.
The final ended in a 1-1 draw after Royal equalised five minutes from time to cancel out the Matale side’s earlier lead.
With the penalty shootout also ending in a 4-4 deadlock, the match proceeded to sudden death. The Reid Avenue outfit eventually prevailed in the second round of sudden-death penalties to clinch the title.
A brilliant save by goalkeeper Stefan Anthonipillai, who stretched to his right to deny a crucial attempt, and the decisive conversion by Rumal Jayasinghe helped Royal secure the Under-20 championship for the first time since the tournament’s inception in 2014.
Royal’s centre-forward Savain Karunasiri was one of the team’s standout performers throughout the tournament, scoring crucial goals, including strikes in both the semi-final and the final. Anthonipillai was equally impressive, guarding the goal superbly throughout the seven-match campaign.
Royal finished runners-up when the tournament was held in Matale last year.
The Colombo school produced a series of consistent performances despite having to play on an uneven grass surface that was not ideally suited to the fast-paced modern game.
Royal began their campaign with a 2-0 victory over Christ Church College, Matale, before defeating arch-rivals St. Thomas’ College, Mount Lavinia, 1-0. They then beat Kingswood College, Kandy, 2-0 and Maris Stella College, Negombo, 2-1 to top their group.
In the quarter-final, coach Damith Panditharatne’s side overcame fancied Dharmadutha College, Badulla, by 2-0.
Royal then edged out St. Joseph Vaz College, Wennappuwa, 1-0 in the semi-final, adopting a disciplined defensive approach against the aggressively attacking Puttalam outfit.
In the other semi-final, St. Thomas’ College, Matale defeated Trinity College, Kandy, 3-1. St. Joseph Vaz later beat Trinity 1-0 in the third-place playoff.
Panditharatne’s five-year development programme, with a strong emphasis on fitness, stamina and technical skills, played a key role in Royal’s success. The title marked Royal’s first national Under-20 tournament triumph since winning the National Schools Games in 2017.
A former national player, Air Force striker and Sri Lanka Police coach, Panditharatne has focused on addressing the weaknesses of individual players while building a cohesive unit. The former Christ Church College, Matale player has been coaching Royal since 2022 with the support of the Royal College Hockey Club (RCHC), comprising former Royal hockey players.
For his outstanding performances, Anthonipillai was adjudged the Best Goalkeeper of the Tournament. Royal College was also named the Most Disciplined Team of the Tournament.
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