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Seafarer Manning Industry eyeing to bring US$ 1 billion in forex earnings

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Standing : Prashantha Karunanayake – UNK Sagacious (Pvt) Ltd, Himantha Devendra – Dev Marine Agencies (Pvt) Ltd. Jagath Perera – Win – Stone Shipping (Pvt) Ltd, Capt. Hemantha Madanayake – CMA Ships Lanka (Pvt) Ltd, Kalinga De Silva – Centrum Marine Consultancy (Pvt) Ltd. Seated: Ms. Dharshana Senanayake – SeaMate Lanka (Pvt) Ltd, Chairman – Capt. Ajith Peiris – Ceyline Group, Capt. Rohan Codipilly – Mercantile Marine Management Ltd.

 

* Sri Lanka at present earns about US$ 300 million from     employment of seafarers on foreign ships

* There are only 16,000 active seafarers in the country now

* Govt aims to increase it to 50,000 in the next five years

 

The Association of Seafarer Recruiting Agents (ASRA) is encouraging its members to explore and increase employment opportunities for Sri Lankan youths on foreign ships to create a positive growth impact on its stakeholders, prospective young seafarers and the overall economy of the country.

The media was informed of this after the recent inaugural meeting of the Executive Committee of ASRA, headed by Executive Chairman of Ceyline Group and Chairman of CINEC Campus Capt. Ajith Peiris.

ASRA is an initiative adopted by the duo as Minister of Ports and Shipping Rohitha Abeygunawardena has decided to lead a Public/Private Project (PPP) to embark on a task to increase employment of Sri Lankan youths on ocean going vessels.

“The purpose of forming ASRA is to encourage our members to explore and increase employment opportunities for Sri Lankan youths on foreign ships and to be the voice of the Seafarer Manning Industry as well as to represent matters related to the Seafarer Recruiting Industry)to the relevant Authorities,” ASRA said in a press statement.

ASRA aim to promote the seafaring profession among the youth in all provinces of the country for them to be gainfully employed on ocean going vessels

The statement further said: “Though Sri Lanka is an island, the number of people engaged in the maritime sector especially the seafaring segment is very low compared to the population. Out of 21.5 million people in Sri Lanka, only 16,000 are active seafarers, which is less than 0.1% of the population”.

“The government’s aim is to increase this number to 50,000 in the next five years with the help of the Seafarer Manning Industry. The foreign exchange Sri Lanka earns from the employment of seafarers on foreign ships is approximately US$ 300 million per annum. With the government’s planned project, the expected earnings will increase to USD 1 billion per annum”.

“ASRA and our members will be contributing and helping the above project through which not only will its members benefit but also the Sri Lankan youths seeking lucrative jobs and the country as a whole in terms of foreign exchange earnings”.

“We invite all the companies that are involved in seafarer recruitment to join ASRA and strengthen our position as a maritime nation which can man ocean going vessels with skilled seafarers”.

“Our aim is to promote the seafaring profession among the youth in all provinces and regions to help them achieve a better standards of living and thereby add tangible value to the economy in general”, ASRA said.



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SLEIS 2026 to examine how Sri Lanka can strengthen its place in Asia’s growth networks

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Ambassador Akio ISOMATA / Chathuranga Abeysinghe / P.D. Singh

As Asia continues to account for a growing share of global economic activity, Sri Lanka faces an important opportunity to strengthen its links with regional trade networks, supply chains and economic corridors. How the country can make better use of these connections to attract investment, expand trade and strengthen its position in regional value chains will be among the key questions at the Sri Lanka Economic & Investment Summit 2026, organised by The Ceylon Chamber of Commerce on 12-13 October 2026.

Titled “Linking Sri Lanka to Asia’s Growth Networks: Trade, Corridors, and Value Chains,” the session will examine the opportunities for Sri Lanka to deepen its integration with the wider Asian economy and build stronger connections with regional and global markets.

The session keynote will be delivered by P.D Singh – Chief Executive Officer, India and South Asia, Standard Chartered Bank. He will be joined for a panel discussion by Chathuranga Abeysinghe – Deputy Minister of Industry and Entrepreneurship Development, Akio ISOMATA – Ambassador of Japan to Sri Lanka, MASAAKI Kawabata – Chairman – Toyota Lanka (Private) Limited, and Ravi Jayawardena – Group Chief Executive Officer-Maliban Biscuits (Private) Limited. The session will be moderated by Ms. Subhashini Abeysinghe – Research Director- Verité Research.

For Sri Lanka, stronger regional integration can open opportunities beyond traditional export markets. Greater participation in regional supply chains, improved trade connectivity and closer links to economic corridors can support investment in areas such as logistics, manufacturing, export services and other sectors connected to international production networks.

The discussion will consider what Sri Lanka needs to do to strengthen its position within these networks, including improving trade connectivity, attracting investment and creating a business environment that enables companies to participate more effectively in regional and global value chains.

It will also look at the experience of businesses and international institutions operating across the region, providing perspectives on how companies assess markets, build supply chains and identify locations for investment. With supply chains and investment flows increasingly shaped by regional connectivity, the session will also consider the partnerships and strategies needed to position Sri Lanka as a more competitive participant in Asia’s growth networks, while creating opportunities for trade, investment, innovation and economic growth.

The session will form part of the second day of SLEIS 2026, held under the theme “Positioning Sri Lanka in a Changing Global Economy: Resilience, Reform, and the Future of Economic Policy.”

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).

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AAC launches seat belt safety awareness initiative with RDA Colombo

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The Automobile Association of Ceylon (AAC), in collaboration with the Road Development Authority (RDA) and Police – Traffic Division, will conduct a special Road Safety Awareness Programme to promote the importance of wearing seat belts in vehicles specially on the express highways in order to reduce road fatalities and serious injuries.

The official handing-over ceremony took place at the Chairman’s Office of the Road Development Authority on 14th September 2026, where specially designed Seat Belt Safety Hanging Tags & Stickers prepared by the Automobile Association of Ceylon were handed over to the RDA for distribution to motorists at entry points to the expressways.

The initiative is being conducted in connection with the seat belt law coming into effect on 19th September 2026 and is intended to create greater public awareness of the importance of wearing seat belts in both the front and rear seats of vehicles.

Representing the Automobile Association of Ceylon at the ceremony Dhammika Attygalle, President; Prasanna De Zoysa, Sectional Chairman – Road Safety; and Devapriya Hettiarachchi, Secretary, Senior Superintendent of Police -Traffic Sisira Peththrathanthri, participated in the programme.

The Automobile Association of Ceylon has consistently maintained that road safety is one of its foremost priorities. Through awareness campaigns, educational programmes and collaboration with government authorities and other stakeholders, the Association continues to encourage responsible driving and safer behaviour among all road users.

AAC believes that the proper use of seat belts, including by rear-seat passengers, is a simple but vital safety measure that can help reduce serious injuries and save lives in the event of a road crash.

The programme further strengthens the cooperation between the Automobile Association of Ceylon, the Road Development Authority and the Police in their shared commitment towards safer roads and saving lives in Sri Lanka.

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Sanath Jayasuriya as Brand Ambassador

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Mr. Dasun Wickramarathna, Chairman Global Housing & Real Estate (Pvt) Ltd with Sanath Jayasuriya, World Renown Personality & Brand Ambassador

Global Housing & Real Estate (Pvt) Ltd (GHR) has announced a landmark partnership with Sri Lankan cricket legend Sanath Jayasuriya, as its Brand Ambassador as GHR enters a new chapter in its journey within Sri Lanka’s luxury real estate sector.

The partnership was officially unveiled at a press conference held at Cinnamon Life, Colombo, on 14 September 2026, bringing together industry leaders, investors and members of the media under the theme “Two Gamechangers, A New Beginning.”

The collaboration brings together two names associated with challenging convention in their respective fields: Sanath Jayasuriya, whose fearless approach transformed the dynamics of international cricket, and GHR, which has sought to introduce new approaches to property investment and luxury living in Sri Lanka.

Over the past two decades, GHR has built its presence in Sri Lanka’s real estate sector with a focus on quality, structural integrity and long-term investment value.

A significant milestone in the company’s journey came in 2016, when GHR introduced the hotel residency concept to the Sri Lankan market. The model brought together luxury hospitality and real estate investment, creating opportunities for property ownership with the potential to generate investment returns while contributing to the growth of the country’s high-end tourism offering. GHR has since continued to expand its portfolio across key destinations in Sri Lanka.

Speaking at the announcement, Dasun Wickramarathna, Chairman of Global Housing & Real Estate (Pvt) Ltd, said, “For over twenty years, Global Housing & Real Estate has strived to push the boundaries of what property development can achieve in Sri Lanka. As pioneers who introduced the hotel residency concept back in 2016, our mission has always been clear: to provide high-yield investment opportunities for our clients while taking Sri Lanka’s condominium industry into a new frontier.”

Commenting on the decision to partner with Sanath Jayasuriya, he added, “When looking for a voice to represent GHR’s ethos, Sanath Jayasuriya was the natural choice. Just as Sanath disrupted traditional international cricket and redefined how the world viewed the opening overs, GHR challenged traditional approaches to real estate and established a new benchmark in luxury living. This partnership represents a true convergence; Two Gamechangers, A New Beginning.”

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