Business
Nations Trust Bank Private Banking partners with MMCA Sri Lanka to host a contemporary art exhibition tour
Nations Trust Bank Private Banking together with the Museum of Modern and Contemporary Art Sri Lanka (MMCA Sri Lanka), hosted a private Curator’s Tour of the museum’s latest exhibition titled ‘The Foreigners’. The tour, led by the lead curator of the exhibition Sandev Handy, was held exclusively for Nations Trust Bank Private Banking customers.
Nations Trust Bank has been in a three-year partnership with the MMCA Sri Lanka since 2022, to support the modern and contemporary arts and to bring communities together. The collaboration is intended to serve the country’s art enthusiasts, offering them a unique opportunity to deepen their understanding of modern and contemporary art. The partnership is also meant to foster an environment that nurtures local artists and encourages their passion and contribution to the field of arts and culture.
Commenting on the partnership, Nations Trust Bank Chief Marketing Officer, Sanjaya Senarath said, “Our partnership with the MMCA Sri Lanka enables us to make a lasting impact on Sri Lankan culture, facilitating meaningful connections between artists, art enthusiasts, and the wider community, creating an environment that celebrates creativity and innovation. Our commitment to supporting art and culture is also aligned with helping to empower and create a pathway for art enthusiasts towards becoming more informed and culturally enriched.”
Chief Curator at the MMCA Sri Lanka Sharmini Pereira added that, “Nations Trust Bank’s unwavering support has been instrumental in advancing the work of the Museum of Modern and Contemporary Art Sri Lanka. Through our collaboration we are able to bring exceptional art experiences to the community, foster artistic dialogue, and promote the appreciation for modern and contemporary art. Nations Trust Bank’s commitment to the arts aligns perfectly with our vision, and together we are creating a platform that nurtures creativity, inspires innovation, and contributes to the cultural development of our country. We look forward to further enhancing our partnership and unlocking new possibilities in the realm of art and culture.”
The MMCA Sri Lanka was established as a privately funded, education-led public museum dedicated to the display, research, collection, and conservation of modern and contemporary art in Sri Lanka. The ongoing partnership between Nations Trust Bank and the MMCA Sri Lanka has already yielded remarkable results, with numerous successful initiatives taking place. The MMCA Sri Lanka is located on the ground floor of Crescat Boulevard, Colombo 3, and is open daily from 10am to 6pm, except on Poya days and public holidays. Entrance to the museum and all Public Programmes are free-of-charge.
Nations Trust Bank PLC serves a diverse range of customers across Consumer, Commercial, and Corporate segments through an island wide network of 96 branches. The bank is focused on digital empowerment through cutting-edge digital banking technologies, and pioneered FriMi, Sri Lanka’s leading digital banking experience. Nations Trust Bank PLC is an issuer and sole acquirer of American Express Cards in Sri Lanka with market leadership in the premium segments.
Business
Sri Lanka betting its tourism future on cold, hard numbers
National Airport Exit Survey tells quite a story
Australia’s role here is strategic, not charitable
In a quiet but significant shift, Sri Lanka’s tourism sector is moving beyond traditional destination marketing and instinct-based planning. The recent launch of the “From Data to Decisions” initiative jointly backed by Australia’s Market Development Facility and the Sri Lanka Tourism Development Authority, sent an unambiguous message: sentiment is out, statistics are in.
The initiative is anchored by a 12-month National Airport Exit Survey, a trove of data covering 16,000 travellers. The findings sketch a new traveller profile: nearly half are young (20–35), independent, and book online. Galle, Ella, and Sigiriya are the hotspots; women travellers outnumber men; and a promising 45% plan to return. This isn’t just trivia. It’s a strategic blueprint. If Sri Lanka Tourism listens, it can tailor everything from infrastructure to marketing, moving from guesswork to precision.
The keynote speaker, Deputy Minister Prof. Ruwan Ranasinghe called data “a vital pillar of tourism transformation.” Yet the unspoken truth is that Sri Lanka has long relied on generic appeals -beaches, heritage, smiles. In today’s crowded market, that’s no longer enough. As SLTDA Chairman Buddhika Hewawasam noted, this partnership is about “elevating how we collect, analyse, and use data.”
Australia’s role here is strategic, not charitable. By funding research and advocating for a Tourism Satellite Account, it is helping Sri Lanka build a tourism sector that is both sustainable and measurable. Australian High Commissioner Matthew Duckworth linked this support to “global standards of environmental protection” – a clear nod to the growing demand for green travel. This isn’t just aid; it’s influence through insight.
“The real test lies ahead,” a tourism expert told The Island. “Data is only as good as the decisions it drives. Will these insights overcome bureaucratic inertia? Will marketing budgets actually follow the evidence toward younger, independent, female travellers?,” he asked.
“The comprehensive report promised for early 2026 must move swiftly from recommendation to action. In an era where destinations are discovered on Instagram and planned with algorithms, intuition alone is a high-stakes gamble. This forum made one thing clear: Sri Lanka is finally building its future on what visitors actually do – not just what we hope they’ll do. The numbers are in. Now, the industry must dare to follow them,” he said.
By Sanath Nanayakkare
Business
New ATA Chair champions Asia’s small tea farmers, unveils ambitious agenda
In his inaugural address as the new Chairman of the Asia Tea Alliance (ATA), Nimal Udugampola placed the region’s millions of smallholders at the core of the global tea industry’s future, asserting they are the “indispensable engine” of a sector that produces over 90% of the world’s tea.
Udugampola, who is also Chairman of Sri Lanka’s Tea Smallholdings Development Authority, used his speech at the 6th ATA Summit held in Colombo on Nov. 27 to declare that the prosperity of Asian tea is “entirely contingent” on the resilience of its small-scale farmers, who have historically been overlooked by premium global markets.
“In Sri Lanka, smallholders account for over 75% of our national production. Across Asia, millions of families maintain the quality and character of our regional teas,” he stated, accepting the chairmanship for the 2025-2027 term.
To empower this vital community, Udugampola unveiled a vision focused on Sustainability, Equity, and Digital Transformation. The strategic agenda includes:
Climate Resilience: Promoting climate-smart agriculture and regenerative farming to protect smallholdings from environmental disruption.
Digital Equity: Leveraging technology like blockchain to create farm-to-cup traceability, connecting smallholders directly with premium consumers and ensuring fair value.
Market Expansion: Driving innovation in tea products and marketing to attract younger consumers and enter non-traditional markets.
Standard Harmonization: Establishing common regional quality and sustainability standards to protect the “Asian Tea” brand and push for stable, fair pricing.
Linking the alliance’s goals to national ambition, Udugampola highlighted Sri Lanka’s target of producing 400 million kilograms of tea by 2030. He presented the country’s “Pivithuru Tea Initiative” as a model for other ATA nations, designed to achieve this through smallholder empowerment, digitalization, and aligned policy objectives.
By Sanath Nanayakkare
Business
Brandix recognised as Green Brand of Year at SLIM Awards 2025
Brandix Apparel Solutions was recognised as the Green Brand of the Year at the Sri Lanka Institute of Marketing (SLIM) Brand Excellence Awards 2025, taking home Silver, the highest award presented in the category this year.
The ‘Green Brand of the Year’ recognises the brand that drives measurable environmental impact through sustainable practices, climate-aligned goals and long-term commitment to protecting natural resources.
A pioneer in responsible apparel manufacturing for over two decades, Brandix has championed best practices in the sphere of sustainable manufacturing covering environmental, social, and governance aspects. The company built the world’s first Net Zero Carbon-certified apparel manufacturing facility (across Scope 1 and Scope 2) and meets over 60% of its energy requirement in Sri Lanka via renewable sources.
Head of ESG at Brandix, Nirmal Perera, said: “Being recognised as Green Brand of the Year is an encouraging milestone for our teams working across sustainability.”
-
News6 days ago
Lunuwila tragedy not caused by those videoing Bell 212: SLAF
-
News22 hours agoOver 35,000 drug offenders nabbed in 36 days
-
News5 days agoLevel III landslide early warning continue to be in force in the districts of Kandy, Kegalle, Kurunegala and Matale
-
Features7 days agoDitwah: An unusual cyclone
-
Business3 days agoLOLC Finance Factoring powers business growth
-
News3 days agoCPC delegation meets JVP for talks on disaster response
-
News3 days agoA 6th Year Accolade: The Eternal Opulence of My Fair Lady
-
News22 hours agoRising water level in Malwathu Oya triggers alert in Thanthirimale

