Features
Wrapping up the biography of Jetwing founder, Herbert Cooray
(Excerpted from A Man in His Time: the Jetwing story and the life of Herbert Cooray by Shiromal Cooray)
Standing six feet (180cm) tall and weighing around 220lbs (100kg), Herbert Cooray was a big man in person, as well as in personality. Handsome, despite his habitually casual appearance, his one small vanity was his hair, which remained thick and abundant well beyond middle age. He carried a comb and often used it.
His carriage and mien were such that people rarely failed to notice his presence, yet he was generally quiet and reserved. A business magazine described him as “a gentle, unassuming man with a soft spoken drawl and a charming smile.” If asked for his views, however, or if the matter seemed important enough to demand it, he could be as frank and outspoken as anyone.
Generous to a fault, he was always ready to help anyone in need, whether the petitioner was a friend, a relative, an employee or a complete stranger. Like many charitable people, he did not like to lend money, preferring to make an outright gift of it; he advised his children that, when asked for a loan by anyone, they should offer an amount they could afford to part with forever. He also advised them never to sign any personal guarantee, however pressing the circumstances, and never to violate the laws of the land in order to help somebody or themselves.
Such practical advice was typical of his approach to parenthood; he was not ambitious on his children’s behalf but allowed them to develop their own interests and personalities at their own pace. Praise and blame were both dispensed in moderation. The one thing he insisted on was that Shiromal and Hiran should complete their education.
When asked the question, “For someone who had managed over a dozen hotels singlehanded, and with careful attention to detail, wasn’t it a step in a different direction to relinquish control in the company?” (In fact many entrepreneurs do find it hard to relinquish control). His answer was, “My style of management has always been one of openness and flexibility. Certainly not the pyramid style of management. And I have always worked closely with others, many of them my good friends. So I was never the sole person with all the power. It was a new direction, yes, when my children came in, but the style of management didn’t change at all. I had built up a management team over the years, who could function well with less input from me. I could take a slower role when the children came into the firm, and I enjoyed doing that.”
Herbert encouraged his children to develop their own personalities and not be in his shadow.
Though Herbert worked hard, he made sure to devote time to the care of his family. Sundays were reserved for visits to the children’s grandparents. School holidays meant expeditions with friends to different parts of Sri Lanka, and sometimes abroad as well. He was also a spiritual person though not in the same manner as his wife.
His love of family reflected his own upbringing. He and his mother had always been especially close, and since the old lady had lived to the grand old age of 108, the relationship was also an unusually long one. Recalling his younger days, he liked to speak of the role she had played in shielding him from his father’s wrath in the aftermath of some youthful scrape.
Although he had been a student leader and political activist in his youth, Herbert Cooray was never tempted to involve himself in politics once he had chosen his entrepreneurial vocation. This is not say that he became apolitical with maturity: rather that he regarded his active contribution to politics as completed. As for his own views, he kept those for arguments around the family dining-table, and for deciding how to mark the ballot-paper every election day.
Not currying political favour might have meant missing some lucrative opportunities, but Herbert was all too well aware that such favour often comes with strings attached. Instead, he made it a point that Jetwing should engage with and support national economic and social policy with respect to tourism, the economy and other areas falling within the ambit of the group’s activities with whatever government in power. He was quick to take advantage of investment incentives offered to particular sectors by the government, as a result of which he found himself involved in a diversity of projects outside Jetwing.
Among these was a beautiful commercial orchid plantation he set up at his home during the 1970s, the government of the time trying to promote ‘non- traditional exports: Next, acres of potatoes were farmed on a leasehold land in the remote Knuckles mountain range, a security firm and even a feature film, Dandu Monara which he produced which went on to win many awards.
In 1992, Herbert bought into a finance company. By 1995, he had gained a controlling interest in it. With the help of another young man he saw a great deal of promise in the and he set about turning it into a strong, successful business. Today, Trade Finance and Investments Ltd. is a well-known, profitable and reputable part of Sri Lanka’s financial landscape, and is listed on the Colombo Stock Exchange.
The Central Bank of Sri Lanka has commended the company for the exemplary manner in which it is run. As a result of the financial sector consolidation plans of the Central Bank of Sri Lanka, the shares of the company have just been divested to another party in 2014, in keeping with the regulations of the Central Bank of Sri Lanka.
Herbert Cooray was a man of his time and one ahead – a time when deals were made over a beer or a glass of whiskey and sealed with a handshake. Businessmen of his generation relied far more on their intuition than the managers of today, whose decision-making is supported by powerful analytical and predictive tools, information technology and teams of highly-qualified specialists. Today’s decision-makers are certainly more fully informed than their predecessors, but it is arguable whether or not they are better informed as anyone who has ever had to make an important decision quickly can testify, too much information – too many items to consider – can impede thought rather than facilitate it.
Entrepreneurs in Herbert’s day often had to guess and finesse their way through a project or deal. In the process they acquired a sort of businessman’s intuition, sensitivity to situations and nuance of character that often produced results as good as ‘by-the-numbers’ decision -making we practice in the 21st century. Entrepreneurs have been described as “driven, creative individuals [who] know plenty about battling adversity. They have overcome infrastructure and regulatory hurdles to start their businesses. Often they’ve fulfilled an unsatisfied demand and in many cases, actually built demand by introducing new products to the market.” This is true of Herbert too.
Of course- one could guess wrong. Herbert, no less fallible than the next human being, made his own errors of judgment. He was once used by the new board of directors of an under-par hotel in which Jetwing had a stake: Herbert had brought his people in and turned the hotel round, but was then coaxed to sell the Jetwing stake to the incoming board in exchange for the promise of a long-term management contract. The shares changed hands in a transaction greatly to the new directors’ advantage, but the management contract never materialized.
He made other errors too, and at times was simply overtaken by events. A major hotel project begun during the ceasefire period ran into innumerable delays of a bureaucratic nature; debts built up while opportunity slipped away. By the time the hotel was complete, the tsunami and a resumption of hostilities had sent tourist arrivals plummeting again. It was some time before things could be back on an even keel.
But such are, and have always been, the vicissitudes of entrepreneurship. It is in the long term that the story is told, and in the long term – in the end the story of Herbert Cooray and Jetwing is a story of remarkable success gained through hard work, integrity, pragmatism and self-confidence.
It is a story of which the final sentence has yet to be written. Though Herbert Cooray passed away on June 7, 2008, just two months after his beloved, long-lived mother, his legacy, and the enterprise he built live on; the latter informed and inspirited by the former. For as long as visitors to Sri Lanka find their experience of the country enhanced and their lives enriched by the efforts of Jetwing people – at a hote, in transit or on tour – his spirit will live on, touching the lives of all those who come into contact with his legacy.
Features
From stabilisation to transformation without delay
At a symposium on reconciliation organised by the National Peace Council last week, more than 250 religious clergy, civic activists and political representatives from different communities gathered to discuss the country’s future. Speaking at the event, Minister Bimal Rathnayake explained the government’s approach to national reconciliation. He said the government viewed the country’s recovery in terms of a three stage process. The first stage was stabilisation, the second was development and the third was transformation. Reconciliation, he implied, would come in that final stage. The participation of Opposition Leader Sajith Premadasa at the same symposium, and the constructive nature of his comments, strengthens that hope.
When the present NPP government took office in 2024, the country was emerging from one of the gravest crises in its post Independence history. The economic collapse of 2022 had led to shortages of fuel, food, medicines and electricity. Inflation soared, foreign reserves disappeared and long queues became part of daily life. The political upheaval that followed culminated in the resignation of former President Gotabaya Rajapaksa after mass public protests under the banner of the Aragalaya movement. The country was then governed by a leadership that spoke the language of reform and reconciliation but was widely perceived as lacking a direct popular mandate.
Sri Lanka’s past experience suggests that stabilisation and transformation cannot be treated as entirely separate stages. Postponing reconciliation until some future moment risks repeating the failures of the past. If transformation is endlessly delayed until a supposedly perfect moment arrives, there will always be new crises and new reasons for postponement. Minister Rathnayake’s contention that the government’s immediate priority has necessarily been stabilisation flows from the government’s awareness of the precarious situation the country is. Over the past two years, the government has succeeded to a significant extent in restoring economic and political stability. Inflation has reduced, shortages have ended and public institutions have regained a degree of functionality.
Guaranteed Changes
On the other hand, the country’s development continues to face challenges due to adverse global conditions, including disruptions caused by conflict in the Middle East and extreme weather events that have affected tourism, trade and the cost of living. The danger is that reconciliation may be indefinitely postponed in the name of stabilisation. This danger can be reduced if the government works proactively with the opposition and civil society to commence practical measures of transformation now rather than later. The participation of Opposition Leader Sajith Premadasa at the symposium, and the constructive nature of his comments, has strengthened the sense that bipartisan engagement on reconciliation may now be possible.
The urgency of transformation came through strongly in the presentations made by representatives of the Sri Lanka Tamil and Malaiyaha Tamil communities. ITAK parliamentarian S.Shritharan spoke of the frustration caused by unresolved post war issues in the north and east. He referred to disputes regarding land occupied during the war years, including controversies linked to Buddhist temples and state sponsored settlement activity in areas claimed by local communities. He also pointed to the continuing large scale presence of the security forces in the north and east nearly two decades after the end of the war. These grievances have remained central to Tamil political discourse since the end of the armed conflict in 2009. Families displaced by war continue to seek the return of ancestral lands. Civil society organisations in the north have repeatedly called for greater civilian control over local administration and a reduction in military involvement in civilian life.
Academic research and practical work on the ground have shown that reconciliation cannot be separated from questions of dignity, equality and justice. Former minister Mano Ganesan, leader of the Democratic People’s Front, focused on the longstanding problems faced by the Malaiyaha Tamil community. He spoke passionately about continuing housing shortages, landlessness and economic marginalisation, issues that have persisted since Independence. He also highlighted the devastating impact of recent extreme weather events on estate communities that remain socially and economically vulnerable. The condition of the Malaiyaha Tamil community remains one of the enduring social justice issues in Sri Lanka.
After Independence in 1948, a large proportion of them were denied citizenship and voting rights through legislation that rendered them stateless. Though citizenship rights were eventually restored, the social and economic consequences of exclusion continue to be felt generations later.
Many families still lack secure housing and land ownership despite their immense contribution to the country’s plantation economy. Minister Rathnayake’s responses to both these concerns were politically significant. He argued that recent political developments, including the declining influence of narrow ethnic politics across communities, indicated a major shift in public attitudes. According to him, the political ground has changed in ways that make it increasingly difficult for politicians who rely primarily on ethnic division and communal insecurity to retain public support.
Inter-Connected
There is evidence to support the assessment about the changing political grounding which sees future prospects in the resolution of long standing problems. . The economic collapse of 2022 affected all communities alike and generated a new politics centred on governance, anti corruption, accountability and economic justice. The Aragalaya protests brought together Sinhalese, Tamils and Muslims in a common demand for political change. Although ethnic grievances have not disappeared, the crisis created space for a broader understanding that the country’s future depends on cooperation rather than division. Opposition Leader Premadasa’s comments at the symposium reflected this changing political climate. He emphasised that national reconciliation could not be separated from economic justice and the need to address disparities between regions and social classes.v He also mentioned the need for civil society organisations to take this message to the community. This wider understanding of reconciliation is important because ethnic inequality and economic inequality have often reinforced each other in Sri Lanka’s history.
Academic studies have identified the denial of citizenship rights after Independence as a historic injustice that set back the Malaiyaha community for decades. The challenge now is to ensure that transformation becomes part of the stabilisation and development process itself. Practical first steps are both possible and necessary. The release of civilian lands still under state control, greater devolution of administrative authority, reduction of military involvement in civilian affairs, language equality in public administration and accelerated housing and land ownership programmes in the plantation sector are all measures that can begin immediately without waiting for a final stage of transformation.
The government’s recent commitment that provincial council elections will finally be held this year is therefore significant. These elections have been repeatedly postponed by successive governments. Holding them would not solve the ethnic conflict by itself. But it would signal a willingness to restore democratic institutions and share power in a meaningful way.
Sri Lanka has repeatedly postponed difficult reforms in the hope that a more convenient political moment would eventually arrive. But opportunities are invariably created and fought for instead of being provided as a gift by a benevolent government.
The present moment, shaped by the economic crisis and public demand for accountable government, offers a rare opportunity to move simultaneously towards stability, development and reconciliation. Provincial council elections can be the first meaningful step. But they must not be the last.
by Jehan Perera
Features
Researchers to shape new environmental policy framework
In a significant move aimed at steering Sri Lanka’s environmental governance towards a more science-based and evidence-driven path, the Ministry of Environment has initiated a new collaborative mechanism to integrate leading researchers into national policy formulation and conservation planning.
The initiative was discussed at a high-level meeting chaired by Dr. Dammika Patabendi at the Ministry of Environment on Tuesday, where top environmental scientists, wildlife experts and researchers were invited to contribute towards what officials described as a “strategic transition” in the country’s environmental management framework.
The discussions focused on strengthening the scientific basis of environmental conservation programmes and national policy decisions while creating a more research-friendly environment for academics and field scientists engaged in biodiversity and ecological studies.
Particular attention was paid to long-standing concerns raised by researchers regarding procedural and operational difficulties encountered when conducting studies in collaboration with the Department of Wildlife Conservation and the Forest Department.
Minister Patabendi stressed the need for environmental policies to be guided by credible scientific data rather than ad hoc administrative decisions, ministry sources said.
Among the key proposals discussed was the establishment of a streamlined mechanism that would reduce bureaucratic obstacles faced by researchers in obtaining approvals, accessing field sites and sharing scientific findings with state institutions.
The Minister highlighted the importance of building stronger partnerships between policymakers and the scientific community at a time when Sri Lanka is grappling with escalating environmental challenges including deforestation, biodiversity loss, human-elephant conflict, climate-related disasters and ecosystem degradation.
Environmentalists attending the meeting had also highlighted the urgent necessity of incorporating empirical research into national decision-making processes to ensure long-term ecological sustainability and better resource management.
The meeting brought together several of Sri Lanka’s leading environmental researchers and academics including Rohan Pethiyagoda, Saminda Fernando, Sewwandi Jayakody, Samantha Gunasekara, Dinidu Devapura, Himesh Jayasinghe, Manoj Prasanna, Mendis Wickramasinghe and Suranjan Karunarathna.
Director General of Wildlife Conservation Ranjan Marasinghe also participated in the deliberations.
Officials said the proposed framework is expected to pave the way for a more transparent, data-oriented and scientifically credible environmental governance structure capable of addressing emerging conservation challenges more effectively.
The government expects the new mechanism to support the implementation of practical and scientifically robust programmes aimed at safeguarding Sri Lanka’s ecological future while enhancing cooperation between state agencies and the country’s growing community of environmental researchers.
By Ifham Nizam
Features
Back home … for a special occasion
Niluk Uswaththa, of Seven Notes fame, based in Dubai, surprised many when he and his wife Apeksha, turned up in Colombo, last week … unannounced.
Yes, they had a purpose in their surprise visit … to wish Apeksha’s mum for her birthday, which was on Monday, 18th May, and what a surprise it turned out to be!
In an exclusive chit-chat with The Island, Niluk said that the scene in Dubai is improving and Seven Notes do have work coming their way.
Since the members of Seven Notes are all employed (doing day jobs), they operate only on Saturdays and Sundays.

Niluk: Didn’t come prepared to perform, but obliged
friends in Galle
In fact, to get to Colombo for the birthday surprise (on Monday, 18th May), the band had to skip their 17th May, Sunday gig.
“Although it’s a short vacation, my wife and I are enjoying the setup here,” said Niluk, adding that they spent two days in Galle and that their next destination is Anuradhapura.”
Niluk didn’t come prepared to perform, but he obliged the crowd present, at a friend’s birthday celebrations, in Galle, singing and playing guitar.
They are scheduled to leave for their home, in Dubai, in the first week of June.
Seven Notes is an outfit made up of Sri Lankans and the band has been around for almost nine years.
Niluk came into their scene nearly seven years ago.
“When I went to Dubai, I had offers coming my way but it was Seven Notes that impressed me because of their acoustic style.”
The Dubai’s entertainment scene is showing clear signs of bouncing back and even levelling up in the next few months.

Niluk and Apeksha: Enjoying their short vacation
After a slowdown earlier this year due to regional tensions, shows and festivals are back on the calendar, and organisers say late 2026 could be the busiest concert season in years.
Time Out Dubai says “the 2026 concert calendar is filling up nicely” and “the city is ready to party once again” after some reschedules.
Dubai Summer Surprises in July brings retail activations, comedy nights, and indoor art exhibitions.
Organisers point to a backlog of postponed events that are being rescheduled for late 2026 and early 2027.
Yes, Dubai is calm on the surface but on alert. Life is mostly normal in the city, but there’s a “balancing act” as people watch for escalation.
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