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‘Top50 Women Global Economic Forum & Top50 Global Professional & Career Women Awards 2023’

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Positioning women’s business leadership at the forefront of Sri Lanka’s economic recovery, Women in Management (WIM) in collaboration with Women in Work, a partnership between the International Finance Corporation (IFC) and the government of Australia, launched the ‘Top50’ Women Global Economic Forum and ‘Top50’ Global Professional & Career Women Awards 2023.

The three-day event, which is to be held from 15-17th June 2023 in Colombo, aims to open global network opportunities for Sri Lankan women, who are equipped with the potential and skills to contribute towards achieving inclusive economic growth.

This is IFC’s eighth year – fifth under the IFC-DFAT Women in Work programme – in co-hosting the awards which recognize and champion Sri Lankan women who have excelled in their careers, businesses and everyday life, inspiring others.

This year’s panel of judges will be chaired by Kasturi Chellaraja Wilson, Executive Director/Group Chief Executive Officer Hemas Holdings PLC; Dr. Mariyam Shakeela, Honorary Consul of Belgium in Maldives, former Cabinet Minister in Maldives and CEO of SIMDI; Sarah Twigg, Program Manager of Women in Work at IFC; Santosh Menon, Chairman of FCB Kl.LK; Dinesh Weerakkody, Chairman of Board of Investment of Sri Lanka; Prof. Selvaraj Oyyan Pillay,  UUNIMAS Kuala Lumpur Learning Center @GIA; Dunston Pereira, CEO Private Office of HH Sheikh Ahamed bin Faisal Al Qassimi; Ngozi Oyewole, CEO of Noxie Limited and President Women in Africa; and Gowri Rajan, Director of Sun Match Company.

The nominations for the awards are open from 25th February to 25th March 2023 and can be made by visiting www.womeninmanagementawards.org.

The ‘Top50’ awards, launched in 2011 with a mere five awards, have now recognized over 580 women leaders, representing a wide array of professions such as banking and finance, hospitality, media, legal, logistics and supply chain. This year’s event also consists of a two-day forum – themed ‘Women Taking Center Stage for Economic Recovery’ – bringing in eminent local and international speakers as well as stakeholders across government, public and private sector, civil society, and international organizations to focus on the role the private sector can play in promoting gender equality and women’s business leadership.

“Every year, for over a decade, we have celebrated Sri Lankan women who have demonstrated outstanding qualities of leadership, while bringing about meaningful impact to society or economy. As the global and local economy witnesses massive upheaval, empowering women is undoubtedly the key to achieving gender equality and boosting the growth of national economies,” said Dr. Sulochana Segera, Founder/Chairperson of Women in Management. “Women are changing the world and ‘Top50’ provides women the platform to step out confidently into the limelight and bask in due recognition. This year, through the global forum, we also aim to continue the important conversations about why women should also take a center stage in Sri Lanka’s as well as global economic recovery.”

While the current economic crisis in Sri Lanka affects all people, it has far-reaching consequences for women given they are disproportionately affected during crises. Increasing women’s economic participation and promoting women’s business leadership are therefore vital in achieving a resilient and inclusive recovery.

“Through recognition of the accomplishments of women in workplaces and communities, we can help empower and inspire future generations of female leaders. In Sri Lanka, the ‘Top50’ awards is a testament to this, and it is now more relevant than ever as the country looks to emerge from crisis on the path to a resilient recovery,” said Alejandro Alvarez de la Campa, Country Manager for IFC in Sri Lanka and Maldives. “No country can afford to ignore the value of women and the benefits of gender equality to their country, economy and society.”

In the course of IFC’s 50-years of operations in Sri Lanka, WIM has been a longstanding partner. Together, IFC and WIM continue to provide skills-building and training opportunities for women in senior management, middle-management and those entrepreneurs who lead, or work in micro and small businesses in Sri Lanka. These initiatives, including the ‘Top 50’ awards, are initiated under the IFC-DFAT Women in Work program.

“Australia has a strong commitment to increasing women’s participation and enhancing women’s voice in decision making and leadership in Sri Lanka and other regions. This is the fifth year we are supporting the Top50 women in management awards. We are looking forward to celebrating exceptional Sri Lankan women leaders again this year,” said Lalita Kapur, Australian Deputy High Commissioner to Sri Lanka and Maldives.

With presence in Canada, Maldives and the United Arab Emirates, the ‘Top50′ Professional and Career Women Awards sets the stage for the award winners’ own career or business trajectory, and importantly, encourages many other aspiring Sri Lankan women from diverse backgrounds to explore new opportunities, propelling them to reach higher in their chosen field.

This year’s panel of judges will be chaired by Kasturi Chellaraja Wilson, Executive Director/Group Chief Executive Officer Hemas Holdings PLC; Dr. Mariyam Shakeela, Honorary Consul of Belgium in Maldives, former Cabinet Minister in Maldives and CEO of SIMDI; Sarah Twigg, Program Manager of Women in Work at IFC; Santosh Menon, Chairman of FCB Kl.LK; Dinesh Weerakkody, Chairman of Board of Investment of Sri Lanka; Prof. Selvaraj Oyyan Pillay,  UUNIMAS Kuala Lumpur Learning Center @GIA; Dunston Pereira, CEO Private Office of HH Sheikh Ahamed bin Faisal Al Qassimi; Ngozi Oyewole, CEO of Noxie Limited and President Women in Africa; and Gowri Rajan, Director of Sun Match Company.

The nominations for the awards are open from 25th February to 25th March 2023 and can be made by visiting www.womeninmanagementawards.org.



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SriLankan Airlines Enhances Australia Connectivity with 14 Weekly Flights

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11 March 2026; Colombo – SriLankan Airlines is set to increase its weekly service between Colombo and Melbourne to 10 flights, effective from 2 August 2026, with the addition of three more scheduled flights in response to growing demand and evolving market dynamics. The expansion reinforces the airline’s commitment to strengthening its footprint in Australia, recently identified as one of the fastest-growing inbound tourism markets to Sri Lanka, driven by leisure travel and a rising volume of visits by family and friends.

The newly added flights will operate every Tuesday, Thursday and Sunday, departing Colombo as UL608 at 14:10 hrs and arriving in Melbourne at 04:30 hrs the following day. The return service, UL609, will depart Melbourne every Wednesday, Friday and Monday at 06:00 hrs, arriving in Colombo at 12:15 hrs the same day, offering convenient onward connections across the airline’s network. The schedule is designed to maximise time spent in Sri Lanka for leisure travellers while enhancing connectivity for passengers travelling onwards to India via Colombo.

In addition to the new frequencies, the airline will continue operating its daily service, UL604, departing Colombo at 00:20 hrs and arriving in Melbourne at 14:40 hrs, with the return service UL605 departing Melbourne at 16:10 hrs and arriving in Colombo at 22:25 hrs. These services provide seamless connectivity to key destinations across India and beyond.

This addition of flights will provide Sri Lankans with better options when choosing flights between the two countries and enable them to plan their travel more conveniently. The increased frequency will be especially beneficial for the Sri Lankan diaspora living in Australia, providing greater flexibility to visit family and friends while maintaining strong connections with their homeland.

Additionally, Sri Lankan students studying in Australia will find these enhanced services advantageous, as the expanded schedule accommodates academic calendars and holiday breaks, making it easier to travel home and return to their studies. Overall, improved connectivity supports both the expatriate community and students by offering more convenient and accessible travel options tailored to their needs.

The increased frequencies will further strengthen Colombo’s role as a regional hub, enabling Indian travellers to seamlessly connect via Sri Lanka to Melbourne, with convenient schedules and efficient onward connections. For more information and bookings, visit www.srilankan.com or follow us on our social media.

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Nestlé Lanka marks 120 years of nourishing Sri Lankan families and livelihoods

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Nestlé Lanka Chairman and Managing Director Bernie Stefan (left) and Ruwan Welikala, Director – Corporate Affairs and Communications, provide an overview of Nestlé Lanka’s 120-year journey in Sri Lanka at a media briefing held on March 10 at Cinnamon Life – City of Dreams, Colombo. Pic by Nishan S. Priyantha

Nestlé Lanka Limited this year marks 120 years of operations in Sri Lanka, highlighting a century-long presence that has extended beyond food manufacturing to supporting farmers, communities, youth employment and environmental sustainability.

Established in 1906, the company has grown into one of Sri Lanka’s leading food and beverage manufacturers, today producing more than 90% of the products it sells locally. Over the decades, Nestlé Lanka has built a strong domestic footprint through local sourcing, long-term farmer partnerships and continued investment in manufacturing.

Through widely recognised brands such as Nestomalt, Milo and Maggi, the company has become a familiar presence in Sri Lankan households, offering products designed to meet local nutritional needs. Many of its products are fortified with micronutrients aimed at improving dietary intake, while brands such as Milo and Nestomalt have also supported youth sports and active lifestyles in the country.

Nestlé Lanka’s engagement with local agriculture has also played a role in strengthening rural livelihoods. The company works closely with dairy and coconut farmers, providing technical assistance, skills development and reliable market access as part of its responsible sourcing efforts.

The company has also expanded programmes aimed at improving youth employability. Through the “Nestlé Needs YOUth” initiative, young Sri Lankans are provided with access to training, learning and career opportunities. Partnerships with organisations such as BConnected have also helped promote inclusive employment opportunities for people with disabilities.

Sustainability has become an increasingly central focus of the company’s operations. Nestlé Lanka’s manufacturing facility in Kurunegala operates on 100% renewable electricity, while a biomass boiler commissioned in 2024 has helped reduce carbon emissions from manufacturing. The company aims to achieve net-zero carbon emissions by 2050.

Efforts to reduce environmental impact have also extended to packaging. Nestlé Lanka pioneered the shift from plastic to paper straws in aseptic beverage cartons in 2019 and supported the establishment of Sri Lanka’s first recycling plant for such cartons. The company aims to become fully plastic neutral by 2026.

Chairman and Managing Director Bernie Stefan said the milestone reflects the long-standing trust Sri Lankan consumers have placed in the company and the partnerships it has built across the country over generations.

By Sanath Nanayakkare

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Over a century of Business History goes to the National Archives

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At the symbolic handing over: Director General of the National Archives Department Dr. Nadeera Rupesinghe (L) and chairperson, Ceylon Chamber of Commerce Krishan Balendra.

The Ceylon Chamber of Commerce has formally handed over its historical records to the National Archives Department of Sri Lanka, placing over a century of the nation’s commercial history into the care of the country’s official custodians of heritage.

The historical archive being handed over spans from the Chamber’s founding in 1839 to 1973, and includes correspondence, meeting minutes, reports, ledgers, and publications that chronicle the development of trade, enterprise, and industry in Sri Lanka. Together, these records provide a rare and detailed account of how the island’s economy evolved and how its business community helped shape national progress.

The Ceylon Chamber of Commerce was established on 25 March 1839 on the principle that the interests of commerce and trade are best advanced when merchants unite and cooperate in matters affecting the common good. At the time, Ceylon was among the earliest regions in Asia to establish a chamber of commerce, alongside counterparts in Bengal, Bombay, Madras, Canton, Penang, and Singapore.

From its earliest years, the Chamber played a central role in organising and guiding trade. It played a central role in establishing and growing the export economy built on commodities such as coffee, cinnamon, coconut oil, tea, and rubber, and hosted the island’s renowned tea and rubber auctions. It also developed rules and standards for trading practices, helping create an environment of trust and reliability that enabled Sri Lanka’s commerce to thrive.

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