Business
National Foundation Day celebrations of Republic of Korea held in Colombo
On 5th October 2022, the Korean Embassy led by Korean Ambassador, Santhush Woonjin Jeong hosted the National Foundation Day Celebrations of the Republic of Korea, at the Shangri-La Hotel in Colombo. It is a monumental year to commemorate the 4354th anniversary of the establishment of the Korean nation, against the backdrop of the 45th anniversary of diplomatic relations between Korea and Sri Lanka celebrated this year, The National Foundation Day reception was celebrated with the participation of many Korean nationals, Sri Lankans and friends of Korea.
Among the dignitaries, the gracious presence of the Chief Guest, the Minister of Education, Dr. Susil Premajantha, Speaker of the Parliament, Cabinet Ministers, State Ministers, Members of Parliament, Chief of Defence Staff, Attorney General, IGP, Governors, Secretaries, Ambassadors and diplomats further contributed to strengthening the bilateral cooperation of Korea and Sri Lanka. Members of the business community with ties to Korea, Sports and cultural dignitaries, Korean ODA directors and media organizations were also present at the event to felicitate this occasion. Korean residents including Um Kyung-Ho PUAC President also took part in the celebrations.
The Korean National Foundation day ‘Gaecheonjeol,’ marks the origin of the first Korean Nation by the legendary founding father Dangun in 2333 BCE on October 3rd of every year. It is a special occasion for Korean nationals living worldwide. Due to the COVID-19 global pandemic, the National Foundation Day Reception was not held in the last two years. The grand celebration held this year on the 45th anniversary of the establishment of diplomatic relations has served as an opportunity for the two Asian friends to develop the bilateral cooperation to new heights.
The official ceremony started with the National Anthems of both Sri Lanka and Korea performed by the Sri Lankan Navy Band.
Delivering the opening remarks, Ambassador Santhush Woonjin Jeong stated that, “I would like to express my sincere gratitude to all Korean nationals, Sri Lankans and friends of Korea in Sri Lanka for attending today’s event. It is my great honour to host this wonderful occasion after a hiatus of two years. The Republic of Korea was once known as an aid-recipient nation in the past. We started from nothing, from ruins, devastated by the Korean War. Today, Korea has risen to the 10th largest economy and the 7th biggest exporter in the world. This year we celebrate the 45th anniversary of diplomatic ties between our two countries. At this juncture, I remind you that the relations between our two countries have continued to evolve and develop in a whole spectrum of fields of mutual interest. Now is the time to realize the potential of this beautiful country and achieve our common goals together. It is an opportune moment for Korea and Sri Lanka to deepen and widen exchanges, learn from each other’s experiences and intensify mutually beneficial cooperation.”
Hon. Dr. Susil Premajantha Minister of Education congratulated H.E. Santhush Woonjin JEONG for the National Foundation Day of Korea. He stated, “Korea has emerged as a peaceful country with a vibrant democracy and a rich cultural heritage. We are proud as an Asian country to say that Korea has progressed in her journey as a developing country to a developed nation through the economic miracle, popularly known as ‘Miracle of Han River.’ Sri Lanka too wishes to draw from be guided and to emulate the economic miracle of the Republic of Korea, towards achieving our goal of socio-economic development. Korea has remained consistently as an invaluable development partner of Sri Lanka contributing to the development priorities of the Sri Lankan government especially in the fields of education, transportation, water management and rural development.” Hon. Minister further highlighted the Sri Lankan government’s initiative to adopt Korean language for advanced level classes and introduction of the Korean language for the university entrance examination from 2023. The Minister commended the paper donations by the Korean community in Sri Lanka to the Department of Examinations during the difficult times. Furthermore, the Minister expressed the deep appreciation to the government of Korea for providing much needed employment opportunities to Sri Lanka and looking after their welfare.
Business
Cross-border supply chains seen as key to new business opportunities
By Ifham Nizam
Australian High Commissioner to Sri Lanka Matthew Duckworth described Omega Traders’ latest investment in a modern dhal-processing facility as a strong example of how cross-border supply chains can translate into productive investment, local value addition and new business opportunities in Sri Lanka.
The investment, which adds a 150-metric-tonne-per-eight-hour-day processing capacity to Omega Traders’ operations, marks a significant expansion of the company’s manufacturing footprint as it celebrates 45 years in Sri Lanka’s food commodity industry.
Speaking at the inauguration of the new Lentil and Orid Dhal Processing Factory in Wattala, last Friday, H.C. Duckworth said the facility represented more than an increase in production capacity, pointing to the wider economic value created when Australian agricultural production is connected with Sri Lankan processing and distribution.
‘This facility is not operating on its own. It is part of a long supply chain and a trade partnership between Sri Lanka and Australia, Duckworth said.
His comments placed the Omega Traders’ investment within a broader commercial context: Australia brings agricultural production and established export capabilities, while Sri Lanka provides processing capacity, labour, market access and opportunities for further value addition.
The investment comes as Sri Lanka continues to look towards greater domestic processing and value-added manufacturing rather than relying solely on the import and distribution of finished commodities.
Dr. (Mrs.) Siddhika G. Senaratne, Director General/CEO of the Sri Lanka Standards Institution (SLSI), who attended the inauguration as Guest of Honour, highlighted the importance of quality assurance in food processing and the role of standards in maintaining confidence across the supply chain.
The facility is equipped with new-generation cleaning, processing, sorting and quality-control machinery, including advanced colour-sorting technology, automated systems and an in-house quality-control laboratory.
The additional capacity will support Omega Traders’ three principal Mysoor Dhal brands — Rainbow Jumbo Dhal, Komas Dhal and Rozanna Dhal — which serve different segments of the Sri Lankan market.
But the investment also has a distinctly local agricultural dimension.
Through its Orid Dhal operation, Omega Traders plans to source locally grown black matpe from Sri Lankan farmers and process it at the new facility.
That creates a domestic value chain linking farmers to industrial processing and consumers, while potentially increasing demand for locally produced agricultural commodities.
Duckworth said this type of business partnership could generate benefits for both countries.
‘Australia produces some of the world’s best agricultural products and we are very efficient and very capable at trading them. But that alone is not going to bring success to Australia. Just as building a factory like this is not going to bring success to Sri Lanka, he said.
‘It’s when we bring these entities together that our products produced in Australia can be processed in excellence here in Sri Lanka that enables this to be a success, the H.C. explained.
The investment therefore combines two complementary supply streams: imported agricultural commodities, including Australian-origin products, and locally produced black matpe for the Orid Dhal operation.
For Sri Lanka, the business significance extends beyond Omega Traders itself. Increased processing capacity creates demand for logistics, packaging, distribution, services and agricultural inputs, while supporting employment within the food-processing ecosystem.
Business
Ideal Motors makes history with multiple workplace excellence accolades
HR-led transformation places people, culture and business performance at the heart of the organisation
Ideal Motors (Pvt) Ltd,has achieved a significant milestone by securing multiple prestigious workplace and organisational culture accolades in 2026, reinforcing its position as an employer of choice in Sri Lanka’s automotive sector.
Among its latest achievements, Ideal Motors has been recognised as one of the 20 Great Workplaces for Young Talent in Sri Lanka 2026, ranked No. 1 and awarded the Gold Medal in the Small and Medium category of Best Workplaces™ in Sri Lanka 2026, and ranked No. 18 among Best Workplaces™ in Asia in the Medium Scale category—the highest-ranked Sri Lankan organisation in the category. The company also received Industry Excellence for Workplace Culture – Trading Industry.
The Young Talent recognition was presented at the Great Place To Work® CXO Forum 2026 held on 10 September 2026 at Cinnamon Life, Colombo. The recognition followed an evaluation of more than 100 certified organisations and highlights workplaces that create meaningful opportunities for employees under 35 to develop, contribute and grow.
At the Best Workplaces™ in Sri Lanka Awards Gala 2026, held on 11 September 2026 at Cinnamon Life, Colombo, Ideal Motors achieved another historic milestone by entering the Best Workplaces Sri Lanka list for the first time and securing the No. 1 Gold Medal in the Small and Medium category. The company also achieved No. 18 in Best Workplaces™ in Asia, reflecting the strength of its workplace culture beyond Sri Lanka.
These achievements represent more than a collection of awards. They reflect the transformation taking place within Ideal Motors, where people, culture and business performance are increasingly viewed as interconnected drivers of sustainable growth.
Over the past few years, the organisation’s HR function has evolved from a predominantly administrative role into a strategic business partner, with greater emphasis on employee experience, capability development, engagement, performance, communication, wellbeing, diversity and inclusion, and data-driven HR practices.
Business
AAC takes seat belt safety message to Colombo motorists
The Automobile Association of Ceylon (AAC) conducted a seat belt safety awareness programme in front of its headquarters and along Galle Face Centre Road, encouraging motorists and passengers to make seat belt use a habit on every journey.
AAC staff, working alongside officers of the Sri Lanka Police Traffic Division, distributed specially designed hanging tags and stickers to drivers. The material carries a clear reminder that seat belts protect drivers as well as passengers in both the front and rear seats.
The public awareness drive was held ahead of the requirement taking effect on 20 September 2026, under which seat belt use becomes mandatory for every occupant of a vehicle travelling on an expressway.
AAC emphasized that the regulation should be understood as a life-saving measure rather than only a legal obligation. Wearing a seat belt can help prevent occupants from being thrown inside or from a vehicle during a collision and can lessen the severity of injuries.
The Association said road safety legislation must be supported by sustained public education, visible enforcement and responsible behaviour by all road users. The participation of the Traffic Police helped the campaign reach motorists directly in a busy part of central Colombo.
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