Business
SLID sets sights on international network to enrich training of future corporate directors
by Sanath Nanayakkare
The Sri Lanka Institute of Directors (SLID), cementing a relationship with Institutes of Directors (IODs) of India, Singapore and Malaysia and building good contacts and rapport with IODs of the United Kingdom and Australia, is planning to give more from its popular Board Leadership Training Programme to future corporate leaders in Sri Lanka.
SLID Chairman A.R Rasiah made this observation at Cinnamon Lakeside, Colombo on Wednesday at the SLID Annual Membership Meeting (AMM) held with full in-person attendance, ensuring adherence to the guidelines set out by the health authorities.
The 8th AMM unanimously re-elected all office-bearers including Council Members to represent the interests of the Institute and achieve its desired outcomes amid unprecedented challenges in the year ahead.
Many high-profile corporate leaders, directors and professionals attended the event where Fabrice Cavallin, Managing Director of Nestle Lanka was the chief guest.
The AMM re-elected office bearers- A. R Rasiah, Chairman, M.O.F. Salieh, Senior Vice Chairman, Ms. Aroshi Nanayakkara, Vice Chairperson, M. P. Jayawardena, Immediate Past Chairman and Council Members – D. Rodrigo, Ms. N. Tambiah, R Abeysuriya, Vish Govindasamy, Prakash Schaffter, Dinesh Weerakkody and Ms. Aruni Rajakarier and Secretariat/ Secretary to the Council Ms. Radika Obeyesekere -CEO.
Speaking on the plans ahead Rasiah said: “SLID is now updating its popular Board Leadership Training Programme by revamping to take into consideration the modern changes and the “new norm” in the corporate world. I thank the IFC for its support and assistance given to us. SLID is now trying to build a regional relationship with IODs of India, Singapore and Malaysia while making good contacts and rapport with IODs of United Kingdom and Australia. Integration of global insights from these IODs will enrich our Board Leadership Training Programmes”.
“SLID from its humble beginnings has grown to be in stature and recognition in Sri Lanka today. The very fact there were many organisations willing to partner SLID in many ventures and the excellent response from members to be co-opted into various sub committees was certainly proof of the contribution SLID has been making. The theme of propagating Corporate Governance and training the potential and current directors were the main goals which have been carried out very well. SLID team travelled outstations regularly with the support of the local chambers to conduct seminars to promote Corporate Governance. However due to the current Covid-19 situation, this has been somewhat hampered. However the Secretariat, headed by new CEO, Ms Radika Obeyesekere was very active and conducted five webinars on important topics during the curfew period which were very well attended. Key sub committee forums; namely the audit forum headed by Suren Rajakarier, the Independent directors forum (INED) headed by Faizal Salieh and the recently formed Women Directors forum headed by Ms. Aroshi Nanayakkara have been active all along”.
Fabrice Cavallin Managing Director of Nestle Lanka illustrating his presentation with a video clip explained how Nestle Lanka dealt with the challenges during the Covid-19 situation and how the company empowered its staff by giving them visible leadership from the front, to identify and make the best of the new opportunities that arose with it.
Notably the SLID AMM approved by resolution, to ensure that women make up 25% of its Council Members.
Business
Champa Stores Marks 70 Years of Trusted Service in Kandy
A longstanding fixture in Kandy’s commercial landscape, Champa Stores marks its 70th anniversary this year, underscoring a legacy built on trust, reliability and consistent quality across a diverse range of products and services.
Founded in 1956 by Wimaladasa Weeraratne, the business traces its origins to a modest beginning when three brothers from Matara relocated to Kandy in the 1950s in search of opportunity. Their entrepreneurial drive would go on to shape a lasting contribution to the city’s commercial life.
While Wimaladasa established Champa Stores, his brothers carved out their own successful ventures. Dharmadasa Weeraratne founded Devon, while Daya Weeraratne established Bakehouse. Both enterprises have since become well-known names in the city’s hospitality and bakery sectors, with Devon further expanding to include the The Grand Kandyan Hotel. Today, all three businesses continue to operate under the stewardship of the family’s next generation.
Over the decades, Champa Stores has evolved into a prominent retail and service hub, offering a wide selection of products ranging from mobile phones and laptops to audio equipment, accessories and sports goods. Its printing division, in particular, has earned a strong reputation for delivering high-quality services in Kandy.
Despite its growth, the business has retained the personal touch that has endeared it to generations of customers. Longtime patrons point to knowledgeable staff, dependable after-sales service and a customer-focused approach as key factors behind its enduring appeal.
Currently employing over 50 staff members, the business is managed by Chapa Weeraratne, representing the second generation of family leadership.
As it celebrates seven decades in operation, Champa Stores stands as one of Kandy’s enduring family-run enterprises—demonstrating that a reputation built on trust and service can successfully span generations.
By S.K Samaranayake
Business
Dialog Voted Service Brand and Telecommunication Brand of the Year at SLIM-KANTAR People’s Awards 2026
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced that it has been recognised as the ‘Service Brand of the Year’ for the 5th time and the ‘Telecommunication Brand of the Year’ for the 15th consecutive year at the SLIM-KANTAR People’s Awards 2026, held on 18 March 2026. Voted by Sri Lankans through a nationwide consumer survey, the recognition reflects the continued preference for Dialog’s services and the trust placed in the brand across the country.
Since its inception in 2007, the SLIM-KANTAR People’s Awards have been based on consumer sentiment across multiple categories, recognising brands and individuals through public perception as an independent measure of brand affinity.
Supun Weerasinghe, Director / Group Chief Executive of Dialog Axiata PLC said, “We are grateful for this continued confidence, which reinforces the responsibility we carry in serving millions of customers across the country. As we continue to evolve our services and digital platforms, our focus remains on delivering consistent, high-quality experiences while staying true to our purpose of empowering and enriching Sri Lankan lives and enterprises.”
As a recognition shaped by the voice of consumers across the country, these accolades reflect Dialog’s continued relevance in a rapidly evolving digital landscape, underscoring its role in supporting the connectivity needs of individuals, homes and businesses across Sri Lanka.
Business
ISRAs of Sri Lanka – Protecting Hidden Shark and Ray Hotspots
When you think of sharks in Sri Lanka, your mind probably goes to the sleek blacktip reef sharks gliding through the reefs of Pigeon Island. But what most people don’t realise is that Sri Lanka is home to over 100 species of sharks and rays—ranging from reef dwellers and open-ocean giants to mysterious deep-sea, with some juvenile bull sharks being found even in freshwater!. They’re scattered across almost every part of the coastline, from coral reefs and estuaries to muddy lagoons and inland waterways. Yet despite their presence, these fascinating creatures remain deeply misunderstood and largely unprotected in national conservation efforts.
Chances are, if you’ve eaten karawala (dried fish) in Sri Lanka, you’ve possibly eaten shark—without even knowing it. Shark meat often ends up in local markets with no species names, and no questions asked. But here’s the catch: unlike fast-growing fish like sardines or mackerel, most sharks and rays grow slowly, mature late, and have very few offspring. Some only give birth once every couple of years. That means that their populations are usually precarious and they are sensitive even to small-scale fishing operations, which push their populations into serious decline. And in Sri Lanka, while vessel sizes are smaller in comparison to many developed countries, the number of vessels combined with their fishing techniques has resulted in the depletion, and in the case of sawfishes, a likely local extinction.
That’s where Important Shark and Ray Areas (ISRAs) come in. ISRAs are a global science-based tool designed to designate places that matter most for sharks, rays, and chimaeras. They aren’t marine protected areas and don’t come with legal restrictions—but they highlight critical habitats based on rigorous scientific criteria. These include areas used for breeding, feeding, migration, or home to rare, threatened, or range-restricted species.
In 2024, after a thorough review and vetting process, five (of the seven) proposed areas from Sri Lanka were formally designated as ISRAs
Bathalangunduwa Island, located on the fringes of the shallow coastal Puttalam Lagoon and off the coast of Wilpattu National Park in northwestern Sri Lanka, qualifies as an ISRA based on the presence of the threatened Winghead Shark (Eusphyra blochii). This area meets two ISRA criteria: it supports a vulnerable species and functions as a reproductive habitat.
Palk Bay, a shallow, semi-enclosed water body shared between India and Sri Lanka, qualifies as an ISRA due to the presence of multiple important species. These include the threatened Shorttail Whipray (Maculabatis bineeshi), the range-restricted Sharpnose Guitarfish (Glaucostegus granulatus), and reproductive populations of the Grey Sharpnose Shark (Rhizoprionodon oligolinx). This was one of the few trans-boundary ISRAs covering both Indian, and Sri Lankan waters.
- Punnakuda ISRA
- Pigeon Island ISRA
- Pasikuda & Kalkudah ISRA
- Baththalangunduwa ISRA
Pasikudah & Kalkudah, a coastal stretch in Sri Lanka’s Batticaloa District, is known for its coral reefs and nearshore shark activity. This ISRA qualifies due to the presence of threatened and range-restricted species, such as the Stripenose Guitarfish (Acroteriobatus variegatus).
Punnakuda Canyon, a deep-sea canyon located just offshore from Pasikudah & Kalkudah and beyond the boundaries of the coastal ISRA, qualifies based on the presence of threatened and range-restricted deep-sea species, including the Indian Swellshark (Cephaloscyllium silasi).
Pigeon Island, the only ISRA in Sri Lanka that overlaps with a Marine Protected Area—the Pigeon Island Marine National Park—qualifies due to the presence of threatened species and undefined aggregations, notably the Blacktip Reef Shark (Carcharhinus melanopterus).
These areas are already designated ISRAs. In addition to this Sri Lanka also has two “Areas of Interest”; Koddiyar Bay and Hikkaduwa.
While these ISRAs don’t enforce protection on their own, except for Pigeon Island, which happens to overlap with an already established National Park, they’re a vital starting point. They help guide where marine protected areas might be placed, where fishing regulations could be refined, and where development should tread carefully. For Sri Lanka, ISRAs offer a powerful chance to align conservation and fisheries planning before it’s too late.
Most importantly, ISRAs are created using available scientific knowledge. Organisations like Blue Resources Trust (BRT) were able to contribute to the designation of ISRA’s due to long-term monitoring of shark and ray fisheries across the country. BRT has built the largest dataset on Sri Lankan sharks and rays, thanks to contributions from the Tokyo Cement Group, the Save Our Seas Foundation (SOSF), the Marine Conservation and Action Fund (MCAF) of the New England Aquarium, the Hong Kong Ocean Park Conservation Foundation (OPCFHK), the Prince Bernhard Nature Fund, amongst others.
By designating our ISRAs, Sri Lanka now has the recognition to make smarter, science-led decisions for the ocean’s most vulnerable species.
As shark and ray populations decline under pressure from overfishing, habitat loss, and climate change, knowing where they still have a chance to thrive is the first step toward saving them. Through ISRAs, Sri Lanka can take the lead in showing how conservation and coastal livelihoods can go hand in hand.
To explore ISRA maps and learn more, visit: https://sharkrayareas.org
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