Business
Triple Victory for Ogilvy Group at Campaign Asia’s Agency of the Year Awards 2023
Brings home Gold, Silver and Bronze
The Ogilvy Group Sri Lanka made a mark at the much-anticipated Campaign Asia Agency of the Year 2023 Awards, clinching top honours in three of the primary categories in the Rest of South Asia region. The agencies received their accolades at the official awards ceremony held at the ITC Maratha recently, the agency announced last week.
Phoenix Ogilvy secured the Gold in the Rest of South Asia Creative Agency of the Year category, while Ogilvy PR & Influence won the Silver in the Rest of South Asia PR Agency of the Year category. Ogilvy Digital brought home Bronze in the Rest of South Asia Digital Agency of the Year category, a news release said.
Organised by Campaign, one of the world’s leading business media brands, the Campaign Asia Agency of the Year Awards is in its 30th year of recognising outstanding business performance, inspiring leadership, management excellence, and overall achievements in brand communications. The awarding process includes PwC as Process Integrity Partner to ensure transparency.
The Rest of South Asia categories are a true test of regional prowess, with agencies from Sri Lanka, Bangladesh, Bhutan, and Nepal all competing for top honours.
This is Phoenix Ogilvy’s third consecutive win and Ogilvy Digital’s fourth consecutive year being recognised at Campaign Asia’s Agency of the Year Awards, highlighting their consistent business performance. Additionally, Ogilvy PR & Influence Sri Lanka stands out as the highest and only metal winner this year and the inaugural award winner in the Category.
Commenting on this collective win, Irvin Weerackody, Chairman of Ogilvy Group Sri Lanka said, “In a year fraught with macro-economic challenges, these wins underscore the tenacity demonstrated across the Ogilvy Group consisting of five companies. It is a testament to the patience and persistence to not only survive but to thrive amidst adversity, and these awards are a recognition of the outstanding work and commitment of our teams.”
Meanwhile at the Effie Awards Sri Lanka, held on the same day as the Campaign Asia Agency of the Year Awards in Mumbai, Phoenix Ogilvy won the Gold for their campaign for Lysol, and two Bronze metals and a Finalist award for the work done for Baby Cheramy.
Apart from the awards, the last six months saw Phoenix Ogilvy securing some of the most coveted accounts in the country, namely Sri Lanka Tourism, SriLankan Airlines and CEAT, competing with other agencies in the industry.
Marking 50 years in business, the Ogilvy Group Sri Lanka with a legacy of delivering impactful campaigns and strong business performance, has won a total of 12 metals at the Campaign Asia Agency of the Year Awards in the past six years.
Business
‘Green Chilies’ returns after seven years to reignite Sri Lanka’s advertising industry spirit
After a seven-year hiatus, one of Sri Lanka’s most loved advertising industry gatherings is making a much-anticipated return. Green Chilies 2026, the iconic festival that once defined the fun, camaraderie and creative spirit of Sri Lanka’s advertising fraternity, returns on 4th June 2026 at Rise Up, Colombo 03, bringing together professionals from across agencies, media, digital, production and marketing for an evening of celebration, entertainment, and industry camaraderie.
Originally launched in 2011, Green Chilies was conceived as a platform to celebrate Sri Lanka’s Young Lions winners as they embarked on their journey to represent the country at the prestigious Cannes Lions International Festival of Creativity, while also creating a unique opportunity for the industry to come together outside boardrooms and deadlines.
This year’s revival comes at an especially meaningful time, as an entire new generation of industry professionals have entered the business without ever experiencing the culture and energy that made Green Chilies such a defining event. Some key highlights will be the recognition of the winners of the young Lions competition and the much-loved return of The Agency Idol, the wildly entertaining competition where agencies battle it out on stage in a spirited showcase of talent, humour, and creativity, bringing back one of the event’s most iconic traditions.
Speaking about the return of the festival, Ranil de Silva, Founder of Green Chilies and of Metal Factor, said: “When we first launched Green Chilies, the idea was simple. It was to celebrate our Young Lions and create something that brought the industry together as one community. Over the years it became far more than an event, it became part of our industry culture. Seeing it return after seven years is very special, particularly because so many young professionals will now get to experience the spirit that made this industry such a fun and inspiring place to be.”
Green Chilies 2026 is organized by Metal Factor and supported by the 4A’s Sri Lanka.
Event Details:
Venue: Rise Up, Alwis Place, Colombo 03
Date: Thursday, 4th June 2026
Time: From 6.30 PM onwards
Contact : Shelley +94 77 342 3123
Business
JKH posts 75% EBITDA growth to Rs.80.01 billion as recent investments begin to contribute
John Keells Holdings PLC (JKH) reported a strong financial performance for FY2025/26, with Group EBITDA increasing 75% to Rs.80.01 billion, reflecting the contribution of investments made over the past several years and the continued performance of the Group’s established businesses.
Group recurring EBITDA increased 71% to Rs.78.05 billion, compared to Rs.45.69 billion in the previous year, driven primarily by Retail, Transportation and Leisure. Recurring profit before tax rose 143% to Rs.35.72 billion, while recurring profit attributable to equity holders of the parent increased 155% to Rs.13.24 billion.
The year also marked the culmination of the largest investment phase in the Group’s history, with the operationalisation of key investments signalling a shift in the capital cycle from development to contribution. Overall funding requirements reduced materially in line with expectations, while net debt to EBITDA stood at approximately 2 times and net debt to equity at approximately 31%.
City of Dreams Sri Lanka recorded positive EBITDA for the full year, following the completion and launch of the remaining components of the integrated resort. Cinnamon Life’s conference and event spaces attracted interest from local and international organisers, while casino operations showed an encouraging pick-up from the fourth quarter onwards.
Colombo West International Terminal, the project company of WCT-1, recorded strong throughput growth during the year, supported by an improving volume mix. The business delivered a positive profit after tax ahead of expectations, despite recognising depreciation relating to phase 1, and has reached full utilisation of phase 1 capacity based on its latest monthly run-rate.
John Keells CG Auto recorded an exceptional year, supported in part by pent-up demand and the brand positioning and vehicle range of BYD.
The Supermarket business recorded approximately 14% growth in same store sales, driven primarily by a 14.3% increase in footfall. The Beverages and Confectionery businesses recorded strong volume growth, with Beverages benefiting from higher margins, while Confectionery margins were impacted by higher raw material costs and expenses linked to new product introductions.
Business
RCSS receives Chatham House Senior Research Fellow for discussion on South Asian Regionalism
Dr. Chietigj Bajpaee, Senior Research Fellow for South Asia, Asia-Pacific Programme at Chatham House, visited the Regional Centre for Strategic Studies on 26 May 2026 and met with the ED/RCSS, Ambassador (Retd.) Ravinatha Aryasinha, and researchers at the Centre. The discussion focused on Regionalism in South Asia and evolving geopolitical developments in the region.
Ambassador Aryasinha detailed the recent and ongoing initiatives undertaken by the RCSS and its wide Alumni Network spread throughout the region in strengthening South Asian solidarity. Dr. Bajpaee impressed on the need to consider alternative forms of regional cooperation in South Asia given the absence of India–Pakistan normalization, resulting in the stagnation of SAARC and the growing pull towards external regional frameworks such as the Regional Comprehensive Economic Partnership (RCEP). The two parties explored possibilities beyond state-led regionalism, including stronger networks among civil society, think tanks, diaspora groups, and business communities, as well as thematic “mini-lateral” cooperation on issues such as climate adaptation and maritime governance.
Ms. Chamika Wijesuriya, Ms. Thedini Herath, and Shayan Peris, Research/Programme Officers at RCSS, were associated with the discussion.
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