Business
Sri Lanka Economic Summit 2025 to focus on transformational growth
The Ceylon Chamber of Commerce has announced the 24th edition of the Sri Lanka Economic Summit (SLES), scheduled for January 28th and 29th, 2025, at the Shangri-La Hotel in Colombo. The Summit, under the theme “Shaping Sri Lanka’s Future: Transformational Growth Rooted in Sound Economic Policies,” is set to bring together a distinguished lineup of national and international industry leaders, policymakers, and experts to discuss the country’s economic future.
As Sri Lanka continues to navigate through significant political and economic changes, the Summit aims to provide critical insights into the policies needed to foster an export-led growth model. The discussions will focus on unlocking the country’s export potential, leveraging its strategic location, and accessing fast-growing regional markets. The summit will also emphasize the reforms required to boost key sectors, such as Tourism, Agriculture, and Value-Added Manufacturing, in driving sustainable and inclusive growth.
Over the course of two days, participants will engage in high-level panel discussions, breakout sessions, and networking opportunities designed to address key challenges and opportunities for Sri Lanka’s economic development. Among the key topics to be explored are policies for improving export competitiveness, attracting foreign investment, and implementing structural reforms across sectors that can shape the nation’s future growth.
Since its inception in 2020, the Sri Lanka Economic Summit has become a premier platform for thought leadership, attracting some of the brightest minds in industry, policy, and academia. It continues to play a crucial role in shaping the nation’s economic discourse and facilitating dialogue between the public and private sectors.
Registration for the 2025 Summit is now open, and with seats filling up fast, participants are encouraged to secure their places early to avoid disappointment. For more details and registration, visit SLES Registration. For further inquiries, contact Alikie at 011-5588805 or via email at alikie@chamber.lk.
Business
Kandy teen martial artist Dunila Amunugama rising through ranks
Kandy-based 18-year-old martial artist Dunila Deneth Amunugama is emerging as a rising talent in Sri Lanka’s combat sports arena, driven by nearly a decade of disciplined training and growing competitive exposure.
Amunugama began his martial arts journey around nine years ago and has since trained across multiple disciplines, including Kyokushin Karate, boxing, mixed martial arts (MMA) and kickboxing. He says Kyokushin Karate remains his foundation and preferred discipline, crediting it for instilling discipline and mental strength.
He trained under Sensei Nalin Sri Bandara during his formative years and attained his Black Belt 1st Dan on September 15, 2025, marking a key milestone in his progression.
Amunugama has competed at national-level Kyokushin Karate tournaments and organisational meets, while also participating in referee seminars conducted under Sri Lanka Karate-Do, further broadening his technical understanding of the sport.
In addition to his sporting pursuits, he is a biomedical engineering student at ESU Campus, Kandy, and an alumnus of Green Hill International School. He is also engaged in voluntary service with the Sri Lanka Red Cross, balancing academics, sport and community work.
Beyond competition, Amunugama has stepped into coaching, training young students and sharing his experience with the next generation of martial artists.
His international exposure includes participation in martial arts programmes in Dubai and Abu Dhabi, which he says helped him gain broader insight into global training standards.
Looking ahead, he aims to compete in KFL events and MMA championship bouts, with ambitions of reaching higher competitive levels and representing Sri Lanka on the international stage.
“Martial arts is not just about fighting, it is about discipline, respect and continuous growth,” Amunugama said.
Pix and text by SK Samaranayake
Business
WEAIR set to launch cargo operations to boost Lanka’s regional links
A new Sri Lanka-based cargo airline, WEAIR, is set to enter the country’s aviation sector later this month, aiming to boost regional air freight capacity and strengthen Colombo’s position as a South Asian logistics hub.
The airline has entered into a strategic operational partnership with a Ukraine-based cargo carrier holding a valid Air Operator Certificate (AOC), which will initially support flight operations under a Foreign Air Operator Certificate (FAOC) arrangement until WEAIR secures its own Sri Lankan AOC.
WEAIR Chief Marketing Officer Indrajit Joseph said the arrangement would ensure regulatory compliance and uninterrupted launch operations, following an earlier plan to commence services by end-May.
Backed by Luxembourg-based IOTC, the carrier is positioning itself as a next-generation cargo operator, with Group CEO Thinesh Ganeshakumaran at the helm. The airline is scheduled to commence operations on 28 May 2026.
Industry officials said the entry of a dedicated cargo carrier marks a significant shift for Sri Lanka’s logistics sector, which has traditionally relied on passenger belly-hold capacity and foreign operators.
WEAIR said it plans to improve reliability and capacity for time-sensitive shipments including apparel, perishables, pharmaceuticals and e-commerce goods, while linking Colombo with key destinations across South Asia, the Middle East and Southeast Asia.
Initial operations will be carried out using a Boeing 737-800 freighter, with a phased fleet expansion programme planned.
The company has also indicated long-term ambitions including a potential Colombo Stock Exchange listing by 2029 and future expansion into passenger aviation services.
Business
NSB takes digital banking to the streets
The National Savings Bank has launched an countrywide digital banking drive aimed at promoting financial inclusion and accelerating the country’s transition towards a cashless economy.
The campaign, which combines town-storming initiatives with digital literacy programmes, seeks to raise public awareness on the convenience, safety and accessibility of digital banking services, with special emphasis on NSBPay and NSB QR payment platforms.
NSB said the initiative aligns with the national vision of advancing digital transformation and expanding access to banking services, particularly among underserved communities and small businesses.
The bank has already conducted activations across key locations in the Southern and Western Provinces, including the Colombo Fort Railway Station and Liberty Plaza, where large numbers of customers were introduced to digital banking services through hands-on demonstrations and real-time onboarding assistance.
According to NSB, the campaign has generated encouraging public response within its first six days, with growing interest in mobile banking applications and QR-based payment systems.
A key feature of the initiative is the promotion of NSB QR payments in support of the government’s efforts to build a digitally connected and cashless economy. The system enables customers to make secure payments by scanning QR codes through mobile devices, reducing dependence on cash transactions.
The campaign also focuses on onboarding small and micro-scale merchants in busy commercial areas to the digital payment ecosystem.
NSB said its on-ground engagement strategy includes live demonstrations, assistance with app registrations and practical QR payment experiences aimed at building public confidence in digital banking technologies.The bank said the initiative forms part of its broader commitment to innovation, accessibility and inclusive banking services across Sri Lanka.
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