Business
Royal Nursing Home to build SL’s biggest luxury Elderly Care facility under $7.5mn investment
Royal Nursing Home (Pvt) Ltd., unveiled plans to build Sri Lanka’s first biggest luxury elderly care facility in conformity with international healthcare standards under a US$ 7.5 million investment.
The proposed complex will be constructed on a one acre property at High Level Road, Pannipitiya. with the key objective of earning foreign exchange for the country by accommodating senior citizens including those residing overseas.
Royal Nursing Home is credited with introducing Sri Lanka’s first-ever luxury Elders’ Home in 2007, and within fourteen years, it became the country’s largest and foremost institute for the protection and care of elders.
“We are now looking at building a bigger facility under a BOI-approved project to meet the growing demand towards the care of those in the evening of their lives”, says Manuja Hewawasam, the company’s founding Chairman.
The proposed six-storied, 100,000 sq. ft. nursing home complex will have 200 luxury air-conditioned rooms with attached bathrooms and balcony, Wellness Center, swimming pool, gym, indoor and outdoor garden, library, geriatric consultant medical center, physiotherapy center, pharmacy, medical equipment outlet, a large lounge, and a small movie theater with an air-conditioned restaurant that will serve buffet- style meals.
He said with the increase in the number of Sri Lankans sending their children abroad and with the increase in the country’s aging population, the demand for geriatric care is also growing.
“That’s why we are investing in providing nursing facilities and homes for the elderly. Our target market is to provide accommodation to senior citizens from the upper middle class and foreign senior citizens”, Hewawasam stressed.
He further said that the institution provides housing facilities to 80 senior citizens with 500 male and female nurses looking after them under in-house nursing care. “We will also be recruiting 100 nurses for the new project”.
Hewawasam holds a Diploma in Health Care Management from Parkway College, Singapore, a Degree in Business Administration from the University of Kanpur, India and a Diploma from the Faculty of Information Technology, Sri Lanka.
By building a large scale luxury Elders’ Home under a significant investment, he hopes to earn foreign exchange for the country as well as to provide cuisine and lodging similar to a five-star hotel, with the best private medical care, love and respect that will make the senior citizens feel like they are living in their own homes.
Business
SLEIS 2026 to examine Sri Lanka’s energy transition and its implications
Reliable and affordable energy is essential to Sri Lanka’s economic growth, industrial development and competitiveness. As the country seeks to strengthen energy security while reducing its dependence on fossil fuels, the energy sector will be a key area of discussion at the Sri Lanka Economic & Investment Summit 2026, organised by The Ceylon Chamber of Commerce on 12-13 October 2026.
The session, “Beyond Fossil Dependence: Balancing Security, Sustainability, and Growth,” will examine how Sri Lanka can diversify its energy sources, accelerate renewable energy adoption and attract investment while ensuring a reliable energy supply for businesses and households. Discussions will also consider the infrastructure and policy frameworks needed to support the country’s transition towards a modern and competitive energy system.
Ms. Edore Onomakpome – Regional Infrastructure Industry Manager – Bangladesh, Sri Lanka and Nepal, at the International Finance Corporation will keynote the session, and join the panel discussion featuring G.M.R.D. Aponsu – Secretary to the Ministry of Energy, Damitha Kumarasinghe – Director General (Chief Executive Officer), Public Utilities Commission of Sri Lanka, and Manjula Perera – Managing Director, WindForce PLC. The discussion will be moderated by Sheran Fernando – Senior Advisor, Plus94.
The session will also explore the role of public-private collaboration in developing new energy solutions, encouraging investment and creating opportunities within Sri Lanka’s evolving energy sector. It will consider how energy policy and investment decisions can support both economic expansion and the country’s longer-term sustainability objectives.
The Sri Lanka Economic & Investment Summit 2026 is supported by its valued sponsors and partners. Platinum Sponsor – Standard Chartered Bank Sri Lanka, Gold Sponsor – VISA Worldwide (Pvt) Ltd., Bronze Sponsor – South Asia Gateway Terminals (Pvt) Ltd., Strategic Development Partner – Asian Development Bank, Telecommunication Partner – Dialog Telecommunication, Television Partner – Dialog Television, Session Sponsors – David Pieris Motor Company (Pvt) Ltd., Hemas Holdings PLC, Sunshine Holdings PLC, International Construction Consortium (Pvt) Ltd., Official Logistics Partner – Hayleys Advantis Limited, Official Airline – SriLankan Airlines Ltd., Official Hospitality Partner – Shangri-La Colombo, Airline Partner – China Eastern Air Holding Co. Ltd.
Registrations are now open at https://sleis.chamber.lk/. For more information, contact Alikie on 011 558 8805 (alikie@chamber.lk) or Shanuka on 0701082541 (events.division@chamber.lk).
Business
A fresh chapter for the George Keyt Foundation: A renewed commitment to the Sri Lankan art ecosystem
The George Keyt Foundation (GKF), dedicated to preserving the legacy of modernist painter George Keyt and fostering local art, has announced strategic appointments to its leadership team, bringing together a mix of global academic expertise, corporate leadership, and artistic passion. These enhancements aim to inject fresh expertise and academic depth into the Foundation’s long-term vision.
Establishment of the New Advisory Committee
To broaden its operational reach and deepen its engagement with the global art market, the George Keyt Foundation has established an Advisory Committee. The newly appointed committee members include:
• Dr Sujatha Meegama is a Senior Lecturer in Buddhist Art History at the Courtauld. She is an acclaimed art historian, author and academic, bringing specialised knowledge in South Asian art history to guide the foundation’s curatorial and educational directives.
• Dr Shamil Wanigaratne: A clinical psychologist, author, and avid art historian, Shamil will lend his unique perspective to help the foundation design meaningful public outreach and cultural preservation strategies.
• Abbas Esufally: A veteran corporate leader and patron of the arts, Abbas is transitioning from his role as a GKF Trustee to this advisory position, where he will continue to offer his sharp business acumen and extensive network.
New Trustee Appointment
Leesha Captain has been appointed to the Board of Trustees. Inspired by Sri Lankan artists, Leesha is a recognised supporter of the local art scene. Leesha’s hands-on perspective will strengthen the foundation’s core team as they develop and design new art programs.
A Vision for the Future
“These new appointments mark an exciting chapter for us as we build on our decades-long history of promoting Sri Lankan artists,” says Malaka Talwatte, Chairman of the Foundation. “The combination of Leesha on the board, alongside the diverse expertise of our new Advisory Committee, will significantly amplify our efforts in curating high-profile exhibitions and expanding local and international partnerships”.
Business
Sun Siyam Pasikudah celebrates World Tourism Day with culture, cuisine and community
Sun Siyam Pasikudah, part of the Privé Collection under Maldivian-owned Sun Siyam Resorts, will mark World Tourism Day on 27 September 2026 with a full day programme celebrating the culture, cuisine and natural beauty of Sri Lanka’s east coast, paired with community focused sustainability activities.
The celebrations open with a special buffet of authentic Sri Lankan cuisine, followed by a street food festival showcasing regional snacks and traditional sweets rarely found on resort menus. A signature World Tourism Day mocktail and cocktail, created for the occasion, will be served through the day, while traditional Sri Lankan cultural dance performances bring the island’s heritage to life for guests.
Beyond the festivities, the resort has planned a tree planting activity with guests and a beach or park clean up campaign, both reflecting Sun Siyam Pasikudah’s ongoing commitment to responsible tourism along Sri Lanka’s northeast coast.
-
News7 days agoNamal Rajapaksa Buddhist gambit fails, bail denied
-
Features7 days agoWhy the spelling Sri Lankan names in English vary
-
Features7 days agoThree bands, a new identity: Sri Lankan wolf snake recognised as distinct species
-
Business7 days agoSLIIT holds largest-ever convocation
-
News7 days agoVehicle prices drop by up to Rs. 1 mn, says importers’ body
-
News7 days agoGovt monitors reported Saudi death sentence – Foreign Ministry
-
Business7 days agoLanka’s famed beach shack battles demolition
-
Business7 days agoAll-new Bolero MaXX Pik-Up unveiled in Lanka
