Business
Talawakelle plucker harvests 10.42 kg in 20 minutes
R. Seethayammah from Somerset Estate of Talawakelle Tea Estates PLC was crowned as the Best Tea Harvester for 2023 from across the entire Hayleys Plantations sector, in addition to winning the Gold Award for Talawakelle Tea Estates PLC after she harvested an incredible 10.42 Kgs in just twenty minutes, receiving the highest score of 82.6%.
She won te top spot at Hayleys Plantation’s, second annual ‘Best Tea Harvester’ Competition for 2023.
Organized across Kelani Valley Plantations (KVPL), Talawakelle Tea Estates (TTEL) and Horana Plantations (HPL) the contest is designed to showcase and celebrate the dedication and hard work of the Hayleys Plantations team, a Hayleys news release said..
“Notably, this year’s contest was revived based on popular demand from employees themselves, following a two-year hiatus brought about by the onset of the COVID-19 pandemic.” it added.
“I am so happy to have won the competition and I want to thank our estate managers, Dr. Roshan Rajadurai and Hayleys for giving us extra training on how to improve our harvesting and the chance to take part. My family and friends have been supporting me and giving encouragement throughout,” Seethayammah said taking home her cash prize of Rs. 300,000.
S. Gomathi from Batlgalla Estate took home the Gold Award for Kelani Valley Tea Plantations, while M. Vigneshwary from Alton Estates took home the Gold Award for Horana Plantations. Hayleys Plantations offered all Gold Award winners with a cash prize of Rs. 100,000, Silver Award with Rs. 75,000 and Rs. 50,000 for the Bronze Award.
The expert Judging Panel consisted of industry specialists from the Tea Research Institute and the senior management of Hayleys Plantations. Competitors were judged based on the quantity and quality of tea they plucked in a set time, and the care they took in maintaining the tea bushes during harvesting.
“Our people are the backbone of our business, and it is our responsibility to acknowledge and reward their unwavering commitment, hard work, and talent. Today Sri Lanka’s tea industry faces significant environmental, social and economic challenges. Despite these issues, the industry continues to play an essential role in generating export revenue for the nation. The survival and continued development of tea is therefore a national imperative. That is why Hayleys is leading by example, and continuously investing in the upliftment of our tea harvesters and their families, in order to secure a brighter future for our people,”Hayleys Chairman and Chief Executive Mohan Pandithage said.
Following the competition, a special awards ceremony was hosted by Hayleys Plantations at Radella Cricket Ground, Nuwara Eliya to felicitate its winning contestants, and all who participated in this year’s contest.
“The remarkable performance of our employees today provides a glimpse into the true potential of Sri Lankan tea. The Hayleys Group’s vision for the future of plantations is built around the needs and aspirations of our employees, and singularly focused on sustainable productivity enhancement across every facet of the business. Our focus on long-term sustainable development is applied across all our estates, with special emphasis on empowerment of our tea harvesters.
“The Best Tea Harvester competition is part of a series of structured programmes we conduct to recognize, support and encourage the hard work of our people. We are also providing a healthy living environment while ensuring access to quality health and nutrition, while empowering the community and its youth. These efforts are critical for the success of our business. However, they are also helping to chart a sustainable new path to success for Sri Lankan tea,” Hayleys Plantations Managing Director Dr. Roshan Rajadurai said.
Hayleys Plantations was also the first in its industry in Sri Lanka to offer field officers the NVQ certification for the National Skills Passport in order to advance their technical expertise. Similarly the company also hosted Sri Lanka’s first Plantations Management Symposium to enable knowledge sharing on innovation and emerging best practices across estate management. Hayleys Plantation companies have also initiated Mother and Child Friendly Plantations polices, and continue to win global and local acclaim for their proven track record, and setting of new benchmarks in ethical and sustainable plantations management, the release added.
The Hayleys Plantations Best Tea Harvester Competition draws its inspiration from a similar contest organized by the Sri Lanka Tea Board in celebration of the 150th anniversary of Ceylon Tea in 2018. Hayleys Plantations boldly decided to carry forward the competition within its estates based on the positive response from its employees.
Winners were chosen from the preliminary stages of the competition held at tea estates across the Group’s three subsidiaries, KVPL, TTEL and HPL. The winner of each company after that competed in a tense finale amidst a cheering crowd.
Business
Historic launch of CCWE Fashion Week & International Summit 2026
The Ceylon Chamber of Women Entrepreneurs (CCWE) officially announced the CCWE Fashion Week & International Summit 2026 at a press conference held in Colombo, unveiling a historic national initiative that will mark the first-ever fashion week in Sri Lanka and the South Asian region dedicated exclusively to women entrepreneurs.
Held under the theme “Threads of Inclusion Woven from Every Walk of Life,” the event is scheduled to take place from 16th to 20th July 2026 at Cinnamon Life, Colombo, positioning Sri Lanka at the forefront of inclusive and sustainable fashion while creating a powerful platform for economic and social transformation.
This landmark initiative goes beyond fashion to deliver meaningful value to society by empowering women entrepreneurs across diverse communities, industries, and regions. By bringing together designers, artisans, SMEs, policymakers, investors, and international stakeholders, the event aims to create new market opportunities, strengthen financial inclusion, and promote sustainable livelihoods. It will serve as a catalyst for economic growth by supporting women-led businesses, enhancing export potential, encouraging youth participation in creative industries, and fostering regional collaboration across South Asia.
Supported by a strong network of corporate partners, the initiative is led by HNB as the Title Sponsor, reflecting a collective commitment to empowering women economically and driving more inclusive national progress.
Speaking at the press conference, Dr. Ayanthi Gurusinghe, President of CCWE and Chairman of the Fashion Week, stated, “Today we are announcing more than an event—we are introducing a national movement that will transform the way we view women entrepreneurs in Sri Lanka. This platform is designed to open doors for women from every walk of life, enabling them to convert talent into enterprise, gain access to markets, and contribute meaningfully to the economy. Through this initiative, Sri Lanka has the opportunity to lead the region in building a future where inclusion meets opportunity and equality.”
HNB, MD/ CEO, Damith Pallewatte, added, “For over 135 years, HNB has stood as a partner in progress to all Sri Lankans, and supporting women entrepreneurs is central to how we continue that legacy. This initiative creates a platform where women can access markets, build sustainable businesses, and contribute meaningfully to national economic development.
When women are empowered with the right access and support, the impact extends to families, communities, and the broader economy. Our decision to serve as Title Sponsor is driven by our commitment to enabling that access and supporting pathways for long-term growth through financial inclusion and enterprise development.”
Extending regional support, Mrs. Premila Acharya, President of the South Asian Women Development Forum (SAWDF), shared her support online, “The CCWE Fashion Week & International Summit 2026 is a landmark initiative that reflects the strength and potential of women entrepreneurs across our region. It is inspiring to see Sri Lanka take the lead in creating a platform where inclusion, opportunity, and equality come together. SAWDF is proud to stand in partnership with CCWE in empowering women through collaboration and shared progress.”
Highlighting achievements The United Nations Economic and Social Commission for Asia and the Pacific Subregional Office for South and South-West (ESCAP-SSWA) as Knowledge Partner Ms. Mikiko Tanaka, Head and Director noted “ESCAP is pleased to serve as a knowledge partner for the CCWE Fashion Week & International Summit 2026. This initiative reflects our shared commitment to enhance women entrepreneurs’ access to markets, finance and digital networks. Connecting women-led businesses to regional networks can further unlock opportunities outside Sri Lanka. We commend CCWE’s leadership in creating an enabling environment for women from diverse backgrounds to innovate, participate and contribute to inclusive and sustainable economic development.”
Business
Sri Lanka’s capital market gains international recognition for GSS+ Bond issuances
The Colombo Stock Exchange (CSE) announces that Sri Lanka’s capital market has received international recognition for the quality and innovation of its Green, Social, Sustainability and Sustainability-Linked (GSS+) bond issuances at the 2026 Sustainable Debt Awards hosted by Environmental Finance. This milestone reflects the continued strengthening of Sri Lanka’s sustainable finance landscape and its growing alignment with international capital markets.
This achievement builds on a sustained collaboration with the EU-funded Green Recovery Facility, implemented by Expertise France, which has supported the development and international positioning of Sri Lanka’s GSS+ bond market. Advisory and coordination support has been provided in close collaboration with the CSE, alongside technical inputs from the contracted consultancy team Baastel led by Jason Taylor.
Since supporting the operationalisation of Sri Lanka’s Green Bond Framework in 2023, this engagement has evolved into a broader effort to develop the country’s GSS+ bond market. Through strengthened policy alignment, market development, and stakeholder engagement, this partnership has contributed to corporate GSS+ bond issuances aligned with international standards.
Collectively, recent GSS+ bond issuances in Sri Lanka have mobilised approximately LKR 82 billion (around EUR 216 million) across green, blue, social, sustainability, and sustainability-linked instruments, financing priority sectors such as renewable energy, energy efficiency, water and coastal resilience, and inclusive social infrastructure. These issuances have been oversubscribed, reflecting growing investor confidence in Sri Lanka’s sustainable finance framework.
This progress has been supported by the introduction of Sri Lanka’s GSS+ Bonds Regulatory Framework in 2025, aligned with international principles, further strengthening market credibility and investor confidence.
The awards recognise the following Sri Lankan institutions:
DFCC Bank – Award for Innovation: Use of Proceeds (Green Bond, APAC)
Bank of Ceylon – Award for Innovation: Sustainability Bond Structure (APAC)
Commercial Bank of Ceylon – Green Bond of the Year (Financial Institution, APAC)
Thimal Perera, Director/Chief Executive Officer, DFCC Bank PLC said, “This recognition reflects the progress Sri Lanka’s capital markets are making in aligning with international sustainable finance standards and strengthening credibility with global investors. We are honoured to receive recognition in the area of innovation in use of proceeds, which highlights the growing ability of Sri Lankan institutions to structure financing solutions with transparency, measurable impact, and long-term relevance. We remain grateful to the regulators, market participants, technical partners, and investors whose continued support is helping advance Sri Lanka’s sustainable finance ecosystem.”
“We are honoured to receive the Environmental Finance’s Sustainable Debt Award for Innovation – Sustainability Bond Structure (APAC) for the Bank of Ceylon’s inaugural LKR 20 billion Basel III compliant Tier 2 Sustainability Bond – the largest sustainability bond issuance in Sri Lanka and the first of its kind. This alignment addressed both BOC’s capital adequacy requirements and commitment to aligning sustainable finance with national development priorities while advancing resilient and inclusive economic growth in Sri Lanka. As the first Sri Lankan bank to secure this prestigious global award, we wish to thank the Colombo Stock Exchange for their proactive coordination and encouragement. We also extend our sincere appreciation to all stakeholders who partnered with us in this trailblazing endeavor.” said Mr. G. A. Jayashantha, Acting Senior Deputy General Manager/ Head of Global Markets, Bank of Ceylon.
Remarking upon the award Sanath Manatunge, Managing Director / Chief Executive Officer of Commercial Bank of Ceylon said “Winning the ‘Green Bond of the Year’ award is a significant milestone for Commercial Bank and a strong endorsement of our commitment to sustainable finance and responsible banking. As the largest private bank in Sri Lanka, we recognise our responsibility to support investments that drive long-term environmental and economic resilience, particularly in the renewable energy sector. This recognition reflects the Bank’s strategic focus on advancing sustainable financing solutions that contribute meaningfully to the country’s climate goals and broader sustainable development agenda.”
These recognitions are particularly significant in the context of Sri Lanka’s ongoing economic recovery and debt restructuring process. As the country works to restore macroeconomic stability and rebuild investor confidence, the ability of Sri Lankan financial institutions to successfully issue GSS+ bonds aligned with rigorous international standards sends a strong signal to global capital markets.
Business
Uber introduces Hybrid Subscriptions for Moto and Tuk Drivers
Uber, Sri Lanka’s most loved ridesharing platform, today announced the launch of Hybrid Subscriptions for Moto and Tuk drivers in the country. This includes a new ‘earn first, pay later’ model that gives drivers greater flexibility by allowing them to start earning on the platform without upfront payments. Drivers will continue to benefit from 0% commission on trips, allowing them to keep all of their earnings while paying a subscription fee separately.
With hybrid subscriptions, drivers can choose a model that works best for their driving patterns, making it easier for both full-time and part-time drivers to access trips and earn on Uber. The launch is aimed at improving the overall experience for drivers while continuing to offer reliable mobility for riders.
Flexibility and earning potential remain key priorities for drivers across Sri Lanka’s two- and three-wheeler ecosystem. The new model addresses this by giving drivers more control over how they engage with the platform and how they structure their earnings. By offering both time-based and earning-based subscription options, Uber provides drivers greater flexibility. While time-based subscriptions are ideal for full-time drivers, earning-based subscriptions work well for part-time drivers.
Commenting on the launch, Kaushalya Gunaratne, Country Manager – Mobility, Uber Sri Lanka, said, “”Drivers are at the heart of everything we do. We were among the first to introduce subscription models for Moto and Tuk drivers in Sri Lanka, and with hybrid subscriptions, we’re taking it further – giving drivers the benefits of zero commissions and the flexibility to choose what works best for them.”
-
Features6 days agoSri Lankan Airlines Airbus Scandal and the Death of Kapila Chandrasena and my Brother Rajeewa
-
News7 days agoLanka’s eligibility to draw next IMF tranche of USD 700 mn hinges on ‘restoration of cost-recovery pricing for electricity and fuel’
-
News6 days agoKapila Chandrasena case: GN phone records under court scrutiny
-
News6 days agoRupee slide rekindles 2022 crisis fears as inflation risks mount
-
Features3 days agoOctopus, Leech, and Snake: How Sri Lanka’s banks feast while the nation starves
-
Business6 days agoExpansion of PayPal services in Sri Lanka officially announced
-
News2 days agoSteps underway to safeguard Sri Lanka’s maritime heritage
-
News6 days agoCourt orders further arrests in alleged USD 42 Mn NDB fraud case
