Business
Sri Lanka offers case study of organic agriculture to the world
By Sanath Nanayakkare
Shasheendra Rajapaksa, State Minister of Promoting the Production and Regulating the Supply of Organic Fertiliser and Advanced Technology Agriculture yesterday invited all countries in the world to use Sri Lanka as a case study for organic agriculture.
“We invite all countries in the world to study Sri Lanka’s experiences in Organic Farming; our methods, outcomes and shortcomings because our concerted efforts in this direction will provide a more in-depth insight into developing Organic Agriculture practices,” he said.
He made these remarks at an event where Colombo Commercial Fertilizers Ltd. entered into a Memorandum of Understanding (MoU) with Polish venture capital firm Regina Purpurea Fundus to establish preliminary parameters to form a joint venture for an Organic Fertiliser manufacturing operation in Sri Lanka.
The MoU involves a Rs. 12.8 billion funding proposal from Poland for organic fertilizer production in Sri Lanka.
Describing the proposed joint venture as a public-private partnership to power agricultural revolution in Sri Lanka, the state minister said,” We started this process from end to the front. We made the decision of going organic in our farming last April and started implementing it from May 2021. We realized that when we start a grave task of this nature, we can’t think of an appropriate point of starting. We reviewed the ground situation first. Do farmers already engage in Organic Agriculture ? How do they do it? What are the issues they face when switching to Organic Agriculture? We explored how other countries do this. We started it after studying all that. Today we have taken a decision to go for 100% Organic Agriculture in a systematic way.. The MoU we signed today would be a key step in that direction. The main need to realize this objective is the production of Organic Fertilizer. As the world has embraced this concept, we are trying to make Sri Lanka the first country in the world that engages in 100% Organic Agriculture. We need to learn from the world. We need to get insights from not only the local private sector but also from the foreign private sector. As we move forward in this journey, Sri Lanka will provide a good case study of Organic Agriculture to the world,” he said.
This public-private partnership (PPP) was formalised in the presence of Secretary to the Ministry of Agriculture, Prof. Udith K. Jayasinghe, State Minister Shasheendra Rajapaksa and Secretary to the State Minister M. N. Ranasinghe.
The MoU was signed by Polish entrepreneur Hubert Drabik, Founder and President of the Board of Regina Purpurea Fundus, and Chairman of Colombo Commercial Fertilizers Ltd.
Regina Purpurea Fundus (RPF) is a Polish venture capital consortium working with development-oriented governments and organisations to invest in a wide range of initiatives aimed at sustainable economic growth both domestically and internationally.
RPF is supported by the Polish Ministry of Agriculture, the Polish Chamber of Commerce, and a number of state banks of Poland.
RPF intends to design, finance, build and operate the large-scale project with a total investment of LKR 12.8 billion, with proof of availability of funds.
The operation will be spread out across four plants in Trincomalee, Monaragala, Anuradhapura and Hunupitiya, supported by a testing and certifying laboratory, and will contractually produce an annual capacity of 200,000 metric tons of organic fertilizer for Colombo Commercial Fertilizers Ltd (CCFL) on an exclusive basis.
A comprehensive due diligence investigation of the investment proposal and funding capacity will be carried out by CCFL with mutual cooperation from RPF to its satisfaction within the next two weeks followed by Cabinet approval of the project. All parties will then enter into a more comprehensive Joint Venture Agreement with detailed conditions mutually agreed upon within three weeks from the signing of the MOU.
Poland’s RFP will produce organic fertilizer for Colombo Commercial Fertilizers Ltd in above mentioned capacity for 20 years, ensuring a return on investment (ROI) for the company before handing over the total project to Sri Lanka.
The Polish company said 100% Sri Lankan inputs would be used for the production of organic fertilizer at the proposed facilities and no ingredients would be imported for the purpose
Business
Shark and Ray Karawala
When we buy shark dry fish (Mora Karawala), do we really know what species we are consuming? What if endangered sharks are hiding in our meal? Most consumers are unaware.
In Sri Lanka, dried fish is more than food; it is a flavour, a tradition and a way of life. Affordable, long-lasting, and rich in taste, it has become a staple across the island, mainly in rural communities, the dry zone, and hill country. While most fish are eaten fresh, about 14% of the catch is preserved through age-old methods, such as salting, sun drying, smoking and fermentation. Whether served as a main dish (Karawala) or as a flavourful condiment (Umbalakada), dried fish has secured a special place on Sri Lankan plates.
Today, nearly two-thirds of the demand for dry fish is met locally, with dried sharks being the most common and popular in markets. And many people believe that milk sharks are particularly nutritious for lactating mothers.
Typically, part of the excess fish supply in peak seasons, fish arrive late from multiday fishing boats, fish from the bottom of nets, fish that are susceptible to quick spoilage or have low market appeal, are used to produce dry fish rather than letting this resource go to waste. In many coastal villages, drying fish is carried out at the fishing “waadi” (fishing villages/houses) level, often led by women as a means of earning supplementary income.
- Salting (not an elasmobranch
- Cutting rays into pieces prior to salting
But this comes with a cost. Sharks and Rays are slow-growing, late maturing and producing only a few young cannot keep up with rising demand. Sharks and Rays are captured by large-scale artisanal fisheries and often retained as bycatch. Mainly exploited for their meat and other derivatives, including gill plates, fins, and skins. Overfishing has pushed their populations into serious decline.
In Sri Lanka, over 60–70% of shark and ray species are threatened with extinction according to the IUCN Red List, with many others listed as Data Deficient — meaning their true status may be even worse. Only a handful of species might be considered less at risk, but even those assessments are uncertain.
Once dried, it becomes nearly impossible to identify which species are being sold. Drying removes distinguishing features, making it impossible to verify the species or ensure sustainability. Labelling is virtually non-existent, and consumers have no reliable way to tell which species they are purchasing.
This means endangered sharks are likely ending up on plates across the country — without anyone realising it. Given the high proportion of threatened species and the lack of transparency, the safest and most responsible choice is to avoid all shark-based dried fish entirely.
By choosing alternative dried fish products made from more sustainable species, we can protect Sri Lanka’s marine biodiversity and ensure that our cultural traditions remain part of a future where sharks still swim in our oceans.
About the Author:
Apsara Rupasinghe, a zoologist with a BSc (Hons) Degree in Zoology, is pursuing MPhil research on shark and ray genetics at BRT-FiPo, with a background in conservation genetics and population genetics. Her work involves combining genetics and conservation to improve species identification and protect endangered elasmobranch species. Apsara pays special attention to the dry fish industry in Sri Lanka as part of her research.
by Apsara Rupasinghe
(Researcher, Fisheries and Policy Programme, Blue Resources Trust)
Business
SPAR Sri Lanka opens first Kandy outlet, redefining modern retail in hill capital
SPAR Sri Lanka marked a significant milestone with the opening of its 12th outlet—its first in the historic city of Kandy and only the second outside the Western Province. Established in 2018 as a joint venture between SPAR South Africa Group and Ceylon Biscuits Limited, SPAR Sri Lanka combines global expertise with strong local roots.
Speaking at the launch, CEO of SPAR Sri Lanka highlighted the cultural and commercial significance of Kandy, noting that the brand’s aim is “not just to open a store, but to serve the community in a meaningful and relevant way.”
The Kandy outlet offers over 6,200 products, with nearly 3,900 locally sourced, supporting farmers, producers, and SMEs, while the remaining range includes imported SPAR international brands. Innovative features such as a dedicated pet care section, TOPs liquor store, pharmacy, and banking facilities create a one-stop lifestyle destination.
SPAR Sri Lanka is also fostering youth employment and professional development, providing structured training programs to equip staff with globally recognised retail skills. The store has created over 50 jobs in the region and supports local suppliers in meeting international standards, opening doors for broader market access.
With its SPAR2U online platform and SPAR Rewards app, customers can enjoy convenience and value, while the company’s ecosystem approach supports retailers, suppliers, and communities alike. The brand’s next expansion is scheduled in Kurunegala, underscoring SPAR Sri Lanka’s vision of reshaping retail while uplifting local economies.
Text and Pic By S.K Samaranayake
Business
Sri Lanka Insurance Life Honoured at Great Managers Awards, Becoming First SOE to Achieve this Recognition
Sri Lanka Insurance Life (SLIC Life) was recognised at the prestigious ‘Great Managers Awards 2025’, held on 26th March 2026 at Cinnamon Grand, Colombo, marking a significant milestone as the first State-Owned Enterprise (SOE) to receive this recognition.
Organised by CLA Coaching in collaboration with the Colombo Leadership Academy, the awards recognise organisations and individuals who demonstrate excellence in leadership and managerial effectiveness, benchmarked against global best practices through a rigorous evaluation process.
Sri Lanka Insurance Life was recognised under the category of ‘Companies with Great Managers’, reflecting its commitment to nurturing leadership talent and building a culture that supports sustainable performance and people development.
Several SLIC Life team members were also honoured across multiple categories, highlighting the depth of leadership within the organisation. Duminda Pieris, Assistant General Manager/Zonal Head, was recognised for Driving Results and Execution Excellence, while Chaminda Athauda, Deputy General Manager – Life, received recognition for Aligning Organisational Vision. Jagath Welgama, Deputy General Manager – National Sales, and Manjula Darmaprema Branch Manager – Pilimathalawa were acknowledged for Building Team Effectiveness and Collaboration. Amali Gomez, Manager – Corporate & Marketing Communications, was recognised for Integrality and Holistic Approach. Ruchira Edirisinghe, Brand Manager, and Uththara Kapugamage, Manager – Employee Engagement, were both recognised as Great Millennial Managers.
Commenting on the achievement, Nalin Subasinghe Chief Executive Officer of Sri Lanka Insurance Life stated: “We are truly humbled and honoured to be recognised at the Great Managers Awards 2025, especially as the first State-Owned Enterprise to receive this accolade. This achievement is a testament to the strength, dedication, and professionalism of our team, who continue to demonstrate exceptional leadership across all levels of the organisation. We take great pride in this collective success.” He further added, “We also commend this initiative for its role in encouraging organisations to nurture and develop future leaders. Platforms such as these are vital in shaping strong leadership cultures that drive sustainable business success and industry-wide progress.”
This recognition underscores Sri Lanka Insurance Life’s ongoing commitment to developing its people, strengthening leadership capabilities, and fostering a high-performance culture that contributes to long-term organisational success.
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