Business
Sri Lanka and Indian Merchants’ Chamber discuss expanding trade ties amid geo-strategic concerns
Consulate General of Sri Lanka in Mumbai and the Indian Merchant’s Chamber (IMC) organised an interactive session between the committee members of the IMC and the Mission officials on 09 November 2021 at the auditorium of the IMC in Mumbai.
Consul General of Sri Lanka to Mumbai Dr. Valsan Vethody graced the event as the chief guest, and he was warmly welcomed by President Juzar Khorakiwala and Director General of the chamber Ajit Mangrulkar upon his arrival. The purpose of the event was to interact with the officials and the committee members of the chamber to explore possible opportunities in expanding trade, investment and tourism between Sri Lanka and the western region of India.
During the welcome address, the President of the IMC while highlighting the longstanding multifaceted bilateral ties between Sri Lanka and India, underlined some of the major promotional activities that IMC has successfully completed in collaboration with the Mission, such as the webinar on “India – Sri Lanka current business environment, opportunities for joint collaborations for Agri and Processed Food Sector” organized on 29 September 2020″ and about the business delegation from the IMC to Sri Lanka in 2017.
In the keynote address the Director General of the IMC sounded curious to know about the developmental reforms laid out by the Sri Lankan government, the sectors opened for the investments and about the present economic situation in Sri Lanka, especially in the context of various adverse media reports in the Indian media. He also underlined the IMC members’ interests for the participation in the economic development process of Sri Lanka on a win-win economic equation favorable for both the parties.
Addressing the gathering and answering the inquiries raised by the committee members, Consul General explained about the present situation in Sri Lanka. During his address, he highlighted the GOSL’s successful vaccination campaign, measures taken by the government to welcome the international travelers and to revive the tourism industry; the investment opportunities available in Sri Lanka such as the pharmaceutical zone, textile zone, the port city, opportunities in fisheries & agro-sector; favorable investment climate; improving economic situation; air connectivity and the potential for furthering the trade and investment activities and he clarified the adverse propaganda on the Hambantota harbor, the Port City and on the ‘so-called Chinese geo-strategic interest in Sri Lanka’. He went on to clarify the adverse media reports on foreign currency issue in Sri Lanka stating that it’s not a structural issue, but only a short-term liquidity issue due to the covid pandemic and that the central bank of Sri Lanka has already begun the process of normalizing the situation.
When inquired about China’s growing geo-strategic influence in Sri Lanka, Consul General Dr. Vethody clarified that we Sri Lankans are proud of our sovereignty and integrity and we will never be subservient to any other nations, and the ‘so-called Chinese economic presence in Sri Lanka’ is purely due to economic factors. He cited the examples of how Sri Lanka finished the separatist war despite mounting foreign pressure from powerful nations and the incidents of how a Chinese ship with undeclared radioactive material was sent out of Hambantota harbor and the recent incident of Sri Lanka not accepting the fertilizer consignment from Chinese company as the samples were tested contaminated. He invited Indian investors to participate to capture the opportunities in Sri Lanka without making up presumptions afterwards. All the participants were invited to attend the upcoming investment seminar organized by the Mission in association with the Confederation of the Indian Industries (CII), Gujarat Chapter).
IMC is a long-standing business association with rich heritage in Mumbai. Most of the major business establishments and industrialists in Mumbai and the western region of India, such as Reliance, Mahindra & Mahindra, Godrej, etc. are the members of the IMC. It has a membership base of over 5000 members and over 150 trade associations affiliated to it. The chamber was established on 07 September 1907 by few Indian Merchants, to fight for the rights of the local businesses’ interests. In recognition of the Chamber’s contribution to nation building, Mahatma Gandhi accepted honorary membership in 1931.The foundation stone of the Chambers’ building in Churchgate at Mumbai was laid by Shri Sardar Vallabhbhai Patel. The Chamber’s core function during the present time is to provide policy inputs and to promote interests of industry and economic growth of the country.
Consul General was assisted by Consul (Commercial) Sandun Sameera of the Mission during the visit.
Business
Malaysia courts more Sri Lankan travelers as ‘Visit Malaysia 2026’ gathers steam
Malaysia is intensifying efforts to attract more Sri Lankan travelers by promoting its diverse tourism offerings, strong air connectivity, Muslim-friendly facilities and expanding business partnerships ahead of the ‘Visit Malaysia 2026’ (VMY2026) campaign.
Addressing the Tourism Malaysia product presentation yesterday in Colombo, Malaysian High Commissioner to Sri Lanka Badli Hisham Adam said tourism remains one of the strongest pillars of the long-standing bilateral relationship between Malaysia and Sri Lanka, helping strengthen cultural understanding, business links and people-to-people ties.
The event, organised by Tourism Malaysia Chennai in collaboration with the High Commission of Malaysia in Colombo, brought together Malaysian tourism stakeholders, airline representatives, Sri Lankan travel industry professionals and members of the media to explore new business opportunities.
The High Commissioner said Sri Lanka continues to be an important source market for Malaysia, with growing numbers of Sri Lankan travelers seeking destinations that combine diversity, affordability, quality experiences and convenient connectivity.
“As part of ‘Visit Malaysia 2026’, we warmly invite Sri Lankan travelers to discover the richness of Malaysia, he said.
Highlighting Malaysia’s tourism strengths, the envoy said the country offers a wide range of attractions, including multicultural cities, UNESCO World Heritage Sites, pristine beaches, tropical rainforests, cool highlands and unique wildlife.
These are complemented by world-class shopping, family-friendly attractions, educational opportunities, wellness and medical tourism, business events and internationally renowned hospitality.
He also stressed Malaysia’s position as the world’s leading Muslim-friendly destination, supported by an extensive halal ecosystem with internationally recognised certification, halal-certified restaurants, easily accessible prayer facilities and family-oriented amenities across the country.
Despite ongoing geopolitical uncertainties around the world, the High Commissioner said Malaysia remains a stable, peaceful and welcoming destination for international travelers.
He urged Sri Lankan travel agents to strengthen collaboration with Malaysian tourism providers by developing innovative travel packages targeting leisure travelers, business visitors and event participants.
The presentation featured leading Malaysian tourism partners, including Wyndham Ion Majestic, Lotus Desaru, Key Term Holidays representing the Sabah Tourism Board and Asian Overland representing The PULSE Group, showcasing Malaysia’s diverse tourism experiences and investment in the Sri Lankan market.
The envoy also acknowledged the contribution of airline partners and the media in enhancing Malaysia’s visibility and improving travel connectivity between the two countries.
Looking ahead to ‘Visit Malaysia 2026’, he said the future growth of tourism would depend on stronger collaboration, innovation and meaningful partnerships between industry stakeholders.
He expressed confidence that closer cooperation between Malaysia and Sri Lanka would generate fresh business opportunities while encouraging more Sri Lankan visitors to experience Malaysia’s culture, diversity and hospitality.
The High Commissioner concluded by expressing hope that the networking session would lead to stronger commercial partnerships and contribute to the success of ‘Visit Malaysia 2026’, further deepening tourism and economic ties between the two friendly nations.
By Ifham Nizam
Business
Women Empowered Global launches ‘Leadership Lab’
Women Empowered Global (WEG), a network of award‑winning female leaders, corporate CXOs and entrepreneurs, experts and thought leaders dedicated to empowering women from six continents, unveiled the ‘WEG Leadership Lab’, a 24‑week virtual intensive programme, commencing 26 September. The programme is designed exclusively for women leaders who are ready to accelerate their careers, amplify leadership visibility, and drive transformational growth.
The women‑only leadership experience breaks the mould of conventional training, offering a powerful blend of masterclasses, mentorship, and practical leadership tools tailored for rising leaders, managers, and senior professionals. Participants will gain international exposure, sharpen essential skills, and the opportunity to join a vibrant knowledge‑sharing community which fosters confidence, resilience, and impact.
“The WEG Leadership Lab is not for casual growth. It is for women who are serious about transforming their leadership journey,” said Senela Jayasuriya, Founder/CEO, Women Empowered Global. “By combining global expertise with local delivery, we are creating pathways for women across manufacturing, trading, finance, marketing, technology, and management, as entrepreneurs, business owners, fractional executives, or corporate leaders, to thrive and build a more inclusive leadership landscape.”
WEG’s platform facilitates international exposure and career development for professionals and connects more than 4,000 members worldwide. The Leadership Lab builds on WEG’s flagship initiatives, including the 1 Million Women in Power campaign, the African Women Leadership Forum, the Business Hub, and the Global Online Academy. The programme aims to deliver a transformative journey equipping women to step boldly into leadership roles locally and internationally.
Led by Senela Jayasuriya (MBA, UK), an internationally recognized and awarded leadership & empowerment coach and innovation partner, keynote speaker, and certified expert, WEG collaborates with DEI specialists, corporate boards, Business and HR leaders, to design programmes which advance women’s careers, leadership visibility, equity, and inclusion. To date, she has successfully delivered leadership development programmes to more than 20,000 professionals.
Business
JKCG Auto and Green EV join forces to build Sri Lanka’s most expansive EV charging network
John Keells CG Auto (JKCG Auto), the authorised distributor of BYD and Denza in Sri Lanka, has launched a strategic partnership with Green EV on 26th June 2026 to significantly expand the charging infrastructure available to its customers across the island. The collaboration, formalised through a Memorandum of Understanding (MOU), marks a pivotal step in JKCG Auto’s ongoing commitment to building a comprehensive and reliable New Energy Vehicle (NEV) ecosystem in Sri Lanka.
Through this partnership, BYD and Denza owners will gain seamless access to Green EV’s public charging network of 100+ DC fast chargers and 70 AC chargers, spanning 20 districts and all nine provinces of Sri Lanka, from Jaffna in the north to Hambantota in the south, and from Puttalam on the northwest coast to Trincomalee and Ampara on the eastern seaboard, encompassing a mix of 40kW, 60kW, and 120kW fast-charging infrastructure. The network has been designed to ensure that customers can charge conveniently and confidently, whether in the heart of Colombo or in suburban and outstation communities, removing one of the most commonly cited barriers to EV adoption in Sri Lanka. Further strengthening customer confidence, Green EV has partnered with SLIC to provide a comprehensive insurance cover of LKR 100 million for every Green EV charging station, offering protection against potential damages and ensuring complete peace of mind for every user.
The initiative reflects JKCG Auto’s broader strategy to invest in the foundations of sustainable mobility, ensuring that the transition to electric vehicles is supported not only by world-class vehicles, but by a dependable ecosystem that addresses the practical needs of everyday ownership.
“If the future of mobility in Sri Lanka is going to be electric, success will hinge on how accessible we are able to make the actual vehicles, as well as the enabling infrastructure around them. JKCG Auto is proud to partner with other visionaries like Green EV to ensure that we eliminate range anxiety, so that every customer – whether in Colombo or anywhere in Sri Lanka will have the confidence to go electric,” JKCG Auto Chief Executive Officer, Charith Panditharatne.
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