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SLT-MOBITEL’s ‘The Embryo’ to build digital solutions for Sri Lanka

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Pioneering Group R&D initiative driving multi-channel innovation pipeline

SLT-MOBITEL, the National ICT Solutions, Telecommunications and Mobile Services Provider, recently established ‘The Embryo’, the SLT Group’s pioneering Research and Development initiative. The Embryo comes with the aim of driving a multi-channel innovation pipeline to build cutting-edge digital solutions to serve the nation, using the valuable knowledge and skills within the SLT Group and collaborating with Academia, Industry, Integrators and Entrepreneurs.

‘The Embryo’ initiative will be driven through three main pillars; namely the Intrapreneurship Studio, the Entrepreneurship Studio and the Venture Capital Studio. It will serve vibrant eco-system partners to work in a range of verticals spanning health, education, environment, agriculture, tourism, finance, and otehrs creating breakthrough technological innovations. The initiative will employ the aid of state-of-the-art technologies. such as 4G, 5G, GPON, Cloud Computing, Open RAN, Intent Driven Network, IoT, Open Source Applications, Blockchain, Analytics including AI / ML / DL, Hyper Automation (RPA / DPA), Open Digital Architecture (API, Micro services, Zero touch Networking) and Developer Platforms.

The initiative creates a platform for the next generation of innovators to tap into the wealth of knowledge and skills of the Group, establishing a strong partnership that fosters the growth of innovative digital products and services.

‘The Embryo’s Intrapreneurship Studio has already commenced its programme. It will drive innovation by supporting the Group’s employees to be the entrepreneurs with their inherent skills, to define technology of the future. Empowering and encouraging in-house teams within the Group, the Intrapreneurship Studio provides the impetus to harness their talents, and set in motion a new wave of entrepreneurship and a robust platform for the Intrapreneur programme.

The Entrepreneurship Studio is designed to provide an attractive opportunity for early-stage tech entrepreneurs to gain access to funding, mentoring and to build connections in the tech ecosystem, enabling them to reach an impressive scale. The first programme of the Entrepreneurship Studio was launched in May 2021 and is currently progressing at the mentoring and coaching stage. The selected Entrepreneurs receive mentoring and coaching from high-calibre experienced resource persons, participate in workshops, and boot camp sessions. Furthermore, they have the opportunity to present their solutions which have been enhanced through mentoring, at a Demo Day.

Ensuring the start-ups are not stifled by a dearth of investment capital, ‘The Embryo’s third pillar, the Venture Capital Studio aims to drive innovation through a partnership formed for co-financing. Nurturing these businesses, this programme will provide the capital injection that start-ups critically need by creating strategic partnerships to drive value creation.

‘The Embryo’ has also undertaken to use technological innovations to address pressing social challenges affecting the nation. Through the ‘The Elephant Decoder Hackathon’, ‘The Embryo’ aims to address the growing human-elephant conflict by seeking disruptive and practical solutions to help curb this recurring issue.

With the aim of expanding the partner eco system for innovation and research, ‘The Embryo’ has entered into Memorandums of Understanding (MOUs) with leading academia in the country. Among these are the University of Moratuwa, University of Peradeniya, University of Ruhuna, University of Kelaniya, University of Colombo School of Computing and the General Sir John Kotelawala Defence University. ‘The Embryo’ is also collaborating with prominent Academia by operating Research and Development centers within their premises and hopes to expand this footprint. These ties will be strengthened with the inclusion of other leading academia in the country, in the future.

Through ‘The Embryo’, SLT-MOBITEL aims to continue to drive the nation’s aspiration towards being a technology-based smart nation building a strong eco system with the participation of all stakeholders.



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Rs 160 million + diesel discrepancy at Lakvijaya power plant prompts probe

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The Lakvijaya power plant in Norochcholai.

By Ifham Nizam

A Rs.160 million-plus diesel discrepancy at the Lakvijaya power plant in Norochcholai has triggered an internal investigation, raising questions over the handling of public funds and the controls governing fuel purchased for electricity generation.

The discrepancy surfaced during an internal audit of diesel supplied to the plant from the Kolonnawa and Sapugaskanda fuel terminals, according to senior officials familiar with the inquiry.

The audit has identified five transactions—two in December 2025 and three in January 2026—in which diesel recorded as delivered to the plant allegedly could not be fully accounted for in its physical stocks.

The investigation is now examining whether these were isolated discrepancies or part of a longer-running practice.

One transaction under scrutiny relates to January 16, when records reportedly showed that 10 diesel bowsers had arrived at the plant. Investigators subsequently found indications that the fuel stock corresponded to only nine bowsers.

A storekeeper responsible for the relevant fuel operation has reportedly been temporarily removed from those duties pending the investigation.

A senior official said investigators were reviewing historical records amid indications that similar discrepancies may have occurred over a longer period. If established, the financial exposure could therefore exceed the Rs.160 million currently identified.

The investigation is comparing fuel-terminal dispatch records, tanker movements, plant-entry records, receiving documents and physical stocks to establish exactly how much fuel was dispatched, received and accounted for.

That audit trail will also be critical in determining who authorised, received and certified the disputed consignments, and whether established controls were followed.

Relevant documents were reportedly transferred from Norochcholai to the company’s Colombo head office on September 26 for further examination, with electricity-sector security personnel assisting in the transfer.

The internal audit has also reportedly uncovered expired chemical stocks worth several hundred thousand rupees in the plant’s stores. Investigators are examining whether further inventory-management irregularities occurred.

The matter was also reportedly taken to the Puttalam Police Special Crimes Investigation Unit on September 26.

When contacted by Puttalam-based journalist Hiran Priyankara Jayasinghe for The Island Financial Review, Lakvijaya Power Plant Manager Nalaka Kumara confirmed that an investigation was under way but declined to provide further details.

The financial issue is direct: if the plant paid for diesel it did not receive, public-sector funds were spent without the electricity sector receiving the corresponding fuel.

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Sri Lanka Food Processors Association holds 29th Annual General Meeting

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The Sri Lanka Food Processors Association (SLFPA) successfully convened its 29th Annual General Meeting (AGM) on September 23, 2026, at the Water’s Edge Hotel, Battaramulla. Bringing together key industry stakeholders and member organizations, the event served as a platform to review milestone achievements from the 2025/2026 term and outline strategic priorities for the nation’s food and beverage processing sector.

At the AGM, the new Executive Committee for 2027/2028 was appointed, comprising: Honorary President Aruna Senanayake C.W. Mackie PLC Imme. Past President Thusith Wijesinghe Trans Continental Packaging & Commodities (Pvt) Ltd.

President Elect Nadishan Guruge Meadlee Trading Co. (Pvt) Ltd.

1st Vice President Damitha Perera Forbes & Walkers Commodity Brockers (Pvt) Ltd.

2nd Vice President Rasika Seneviratne Diesel & Motor Engineering PLC 3rd Vice President Deepal De Alwis Neochem International (Pvt) Ltd.

Honorary Secretary Amila Weerasinghe Nestle Lanka Limited.

Asst. SecretaryDineth Alahakoon Country Style Foods (Pvt) Ltd.

Honorary Treasurer Sameera Jayathilaka Westmann Engineering Company (Pvt) Ltd.

Asst. Treasurer Niroshan Dalpethado C D De Fonseka & Sons (Pvt) Limited. In addition to the above office bearers, the following ten Executive Committee Members were appointed:

Sanjeewa De Silva Unilever Sri Lanka Limited Sheran De Alwis MA’S Tropical Food Processing (Pvt) Limited

Thusitha Ekanayake Anods Cocoa (Pvt) Ltd.

Vijitha Govinna Plenty Foods (Pvt) Limited Ms. Praharshi Wickramasekara International Commodity Exports (Pvt) Ltd.

Sanjeewa Niroshan SGS Lanka (Pvt) Ltd. Kushan Amarasinghe Finagle Lanka (Pvt) Ltd.

Rangajeewa Hettiarrachchi Fonterra Brands Lanka (Pvt) Ltd.

Harindra Abeyrathna Vision Technologies International (Pvt) Ltd. Thilina Weerasekara Ceylon Cold Stores PLC

The event was proudly supported by key industry partners, with SGS Lanka (Pvt) Ltd serving as the Platinum Sponsor. Unilever Sri Lanka Ltd. and Nestlé Lanka Ltd. joined as Gold Sponsors, Ceylon Agro Industries – Prima as the Silver Sponsor, while Lanka Exhibition & Conference Services (LECS) and Hero Nature Products (Pvt) Ltd., supported as Bronze Sponsors.

The proceedings concluded with a vote of thanks delivered by Hony. Secretary Deepal De Alwis, followed by cocktails and a fellowship networking session, providing an opportunity for members to connect and strengthen industry ties.

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Uber brings the ‘business class of back seats’ to Sri Lanka with Uber Black

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New premium ride option expands Uber’s portfolio from affordable Moto and Tuk rides to premium on-demand travel

Uber announced the launch of Uber Black in Sri Lanka, bringing its premium ride experience to the country for the first time. Designed as the “business class of back seats,” Uber Black combines premium vehicles and highly-rated drivers for riders looking for greater comfort, quality and a more elevated travel experience.

The launch comes as demand for premium products and experiences grows across Sri Lanka, with consumers seeking greater choice and quality in their everyday experiences. Uber Black brings this choice to on-demand mobility, whether for an airport journey, an important business meeting, a special occasion or simply when riders want to travel in greater comfort.

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