Business
Sri Lanka’s T-20 World Cup jersey made by MAS using recycled plastic waste
MAS Holdings continued its commitment to value enhance plastic waste by disrupting the pollution cycle and manufacturing Sri Lanka’s ICC T-20 World Cup jersey using fugitive plastics collected from around the island. MAS Active, together with their supply chain partners TRISCHEL Fabric (Pvt) Ltd and Eco Spindles Sri Lanka, leveraged their combined capabilities to transform discarded PET waste into recycled polyester, which is then manufactured into high quality wearable material.
The Sri Lanka Cricket 2021 T-20 World Cup jersey achieves international sportswear standards, maintaining fit, comfort, breathability and high absorbance. The design of the 2021 jersey is inspired by the scales and texture of the Black Ruby Barb, a tropical fish endemic to Sri Lanka as well as elements of peacock feathers extracted from the iconic low country dance masks which are traditionally symbolic of protection and safety.
“We hope the jerseys worn by the Sri Lankan cricket team are a reminder to the public to reuse plastic products and responsibly recycle their waste.” said Sarinda Unamboowe, CEO of MAS Kreeda.
This is not the first time the Sri Lankan cricket team’s choice of jerseys made of 100% recycled material will champion the theme of sustainability in the international arena. In 2019, over 30,000 PET bottles collected from Sri Lankan beaches were made into recycled polyester, which was used to create the 2019 World Cup jersey for the Sri Lankan cricket team. In 2020, MAS stepped up these efforts, collectively recycling 21 million fugitive PET bottles. “We are proud of our continued innovation and manufacturing capabilities that contribute to disrupting Sri Lanka’s pollution cycle,” said Nimesh Amalean, General Manager – Business at MAS Active.
Using the World Cup as a springboard, in 2019 MAS furthered its efforts in addressing the issue of fugitive plastic waste, by setting up 10 large plastic bins in the shape of a cricket ball, as collection points for plastic waste dumped along the coastal line of Sri Lanka. With the aim of creating behavioural change, over the years, MAS has partnered with the Marine Environment Protection Agency (MEPA), the Sri Lanka Navy and Eco Spindles to organise beach clean ups around the island.
As a step to address the issue of marine plastic waste at the source, MAS implemented a pilot floating trash trap named the ‘Ocean Strainer’ in the Dehiwala Canal in August 2020, which has prevented approximately 67,000 kilograms of waste reaching the ocean in its first year of installation.
Business
Sri Lanka eyes India grid link as ADB pushes Pan-Asia energy integration
Sri Lanka’s long-discussed electricity grid connection with India is gaining renewed momentum, as the Asian Development Bank (ADB) intensifies efforts to promote cross-border energy integration across the region.
At the ADB Annual Meetings in Samarkand, Senior Director for Energy, Priyantha Wijayatunga, identified the proposed India–Sri Lanka grid interconnection as the most promising avenue to strengthen the island’s power sector. The concept dates back to the 1970s, when Sri Lanka, following the completion of the Mahaweli Development Project, even explored the possibility of exporting electricity. However, rapid economic growth and rising domestic demand shifted the country toward energy imports.
Today, with energy security and cost pressures mounting, the idea has regained urgency. “The time is right,” Wijayatunga said, stressing that political will and financing will be decisive. While undersea transmission cables make the link technically viable, costs remain a major challenge. The ADB, he confirmed, stands ready to support Sri Lanka as a development partner in advancing the project.
Sri Lanka’s prospects are closely tied to a broader regional vision being advanced by the ADB through its Pan-Asia Power Grid Initiative (PAGI). The initiative aims to transform how energy is produced, shared, and consumed across Asia and the Pacific by promoting cross-border electricity trade and grid connectivity.
PAGI is designed not merely as a collection of projects, but as a systems-level integration platform that connects national grids into subregional and eventually continent-wide networks. Its core objectives include bridging energy gaps, enhancing energy security, integrating large-scale renewable energy, and strengthening resilience across interconnected systems.
A key pillar of PAGI is leveraging the region’s resource complementarity. Countries in South Asia, for instance, possess uneven but highly complementary energy resources—hydropower in Nepal and Bhutan, and solar and wind potential in India. By linking grids, countries like Sri Lanka could tap into these diverse energy sources, reducing dependence on costly fossil fuel imports while improving reliability.
ADB estimates suggest that deeper regional power trade in South Asia could yield substantial economic benefits, including lower system costs and more efficient energy distribution. The initiative also envisions mobilizing up to $50 billion in investments by 2035, expanding transmission infrastructure, and improving electricity access for millions.
For Sri Lanka, integration into such a regional grid could be transformative. A connection with India would allow the country to import affordable electricity during shortages, stabilize supply, and support its transition toward cleaner energy. It could also open the door to future participation in a wider South Asian power market.
With feasibility studies and policy discussions already underway, and with ADB backing firmly in place, Sri Lanka’s long-envisioned grid connection with India now appears more achievable than ever.
As the Samarkand meetings underscore the urgency of regional cooperation in an increasingly uncertain energy landscape, Sri Lanka stands at the threshold of a new chapter—one where energy security is strengthened not in isolation, but through connection.
by Sanath Nanayakkare in Samarkand, Uzbekistan
Business
Oceans in crisis: Sri Lanka hosts ‘Sharks International 2026’ amid stark warnings
Sri Lanka this week finds itself at the centre of a deepening global ocean crisis, as leading scientists, policymakers and conservationists gather in Colombo for Sharks International 2026—a high-profile summit unfolding against mounting evidence that the world is rapidly losing control of its marine ecosystems.
The conference, now underway at the Bandaranaike Memorial International Conference Hall, marks the first time the prestigious forum has been hosted in Sri Lanka. But beneath the diplomatic language and scientific exchanges lies a far more urgent reality: the collapse of shark and ray populations is no longer a distant environmental concern—it is an unfolding economic and food security emergency.
More than 100 million sharks and rays are being wiped out globally each year, largely due to overfishing and illegal, unreported and unregulated (IUU) fishing. In Sri Lanka, the situation is particularly acute. Of the 105 species recorded in local waters, nearly 70 are now threatened with extinction, a statistic that scientists warn should set off alarm bells far beyond conservation circles.
Deputy Minister of Environment Anton Jayakody did not mince words when addressing the gathering, framing the issue not just as an ecological tragedy but as a looming economic shock.
“This is not just about saving species. It is about protecting the foundation of our fisheries, our food systems, and the livelihoods of thousands of Sri Lankans. If shark and ray populations collapse, the consequences will ripple through the entire marine economy,” he said.
Sharks and rays sit at the top of the ocean food chain. Their disappearance disrupts the delicate balance of marine ecosystems, triggering cascading effects that can decimate commercially valuable fish stocks. For a country like Sri Lanka—where coastal communities depend heavily on fisheries—this is not an abstract threat but a direct challenge to economic stability.
Yet despite years of warnings, critics argue that global action has been dangerously slow, fragmented, and often undermined by competing commercial interests.
By Ifham Nizam
Business
SriLankan Airlines leads with two category wins in South Asia at PAX Awards
SriLankan Airlines led with two wins in the Airline Award category for South Asia, securing both Best Overall Passenger Experience and Most Improved Airline at the PAX International Readership Awards 2026 held recently in Hamburg, Germany. The awards celebrate the industry’s best and brightest, with winners determined by votes from PAX’s global readership.
The Best Overall Passenger Experience – South Asia award recognises an airline that delivers an exceptional onboard experience to passengers across multiple service areas, including meal service, inflight entertainment and seating. At SriLankan Airlines, this entails meticulous planning at every stage of the passenger journey, supported by collaboration among multiple teams and continuous monitoring and refinement.
Maria Sathasivam, Manager Product Development of SriLankan Airlines, commented on the achievement, stating, “we are incredibly honoured to receive yet another independent endorsement of the service we deliver. Every interaction matters to us, and we are committed to consistently meeting and exceeding passenger expectations, and it is truly rewarding to see these efforts recognised.”
SriLankan Airlines continues to enhance the end-to-end travel experience, from booking through to arrival. Ongoing digital upgrades, including improvements to the airline’s website and app, are designed to deliver a more intuitive and seamless customer experience, supported by AI-driven features and expanded ancillary offerings. At its hub, the Bandaranaike International Airport in Colombo, the airline has also expanded self-check-in and bag drop facilities for added convenience.
-
News6 days agoRooftop Solar at Crossroads as Sri Lanka Shifts to Distributed Energy Future
-
News5 days ago“Three-in-one blood pressure pill can significantly reduce risk of recurrent strokes”
-
News1 day agoCJ urged to inquire into AKD’s remarks on May 25 court verdict
-
News2 days agoUSD 3.7 bn H’tota refinery: China won’t launch project without bigger local market share
-
News5 days agoAlarm raised over plan to share Lanka’s biometric data with blacklisted Indian firm
-
News3 days agoEaster Sunday Case: Ex-SIS Chief concealed intel, former Defence Secy tells court
-
News4 days agoTen corruption cases set for court in May, verdict ordered in one case – President
-
News5 days agoUSD 2.5 mn fraud probe: Interdicted MoF official found dead at home
