Business
A plastic intervention in Arugam Bay
The beach and the ocean are both idyllic escapes for many. It can appeal to one’s senses, from swimming in the sea to exploring sea life or pressing one’s feet against the wet beach sands. However, enjoying such pleasures becomes problematic when the beaches and ocean are polluted due to anthropogenic activities.
A study submitted to the Marine Pollution Bulletin in 2020 stated that factors contributing to Sri Lanka’s pervasive environmental issues stem from fisheries, mismanaged harbour operations, and tourism. There are people and organizations in Sri Lanka involved in mitigating and providing solutions to improper plastic waste management by reversing these misdoings.
Waste Less Arugam Bay (WLAB) is one such entity focused on building a green and sustainable tourist destination in Arugam Bay. Founded in 2018, Hendrik Konzok, founder and director of WLAB, was operating a manufacturing company, Rice and Carry, making bags and fashion accessories from upcycled materials. During this time, businesses and tourists in Arugam Bay suggested that WLAB upcycle discarded plastic bottles.
Henry and his team saw the value in collecting plastic bottles for recycling. WLAB was then established to educate and collect plastic waste disposed of improperly. “Tourism is one of the largest contributors to the waste plastic issue. The increase in plastic pollution in A’bay is due to the rise in the need for bottled water consumption by tourists,” stated Hendrik.
He also noted that before the COVID-19 outbreak, over 5000 tourists traveled to Arugam Bay per day. Henry’s team would find about 5000 – 15,000 PET bottles discarded irresponsibly onto roads and waterways. COVID-19 has drastically reduced the amount of PET waste discarded in Arugam Bay, owning to a drop in tourism and island-wide travel restrictions.
A WLAB truck is deployed every day to collect plastic from all across Arugam Bay. Waste is then brought back to the facility for bailing before sending it to Eco Spindles, Sri Lanka’s largest plastic recycler. Henry and other collectors like him also earn by handing waste plastics for the recycling giant. “WLAB is an intervention. We want to educate tourists on waste management so they know the importance of ensuring that plastic waste is disposed of properly. We are in the business of changing people’s behaviour through awareness,” noted Hendrik.
Tourists are shown how bottles are compressed before transportation. They are also invited to use the machinery at the WLAB facility to make products such as surfboard wax combs and key tags. These are made out of shredded and melted plastic bottle lids, which creates value perception.
Their mission to educate does not stop there. WLAB houses a water filtration system in their facility where tourists can refill their bottles. The bottle is placed on a balance, and when it is refilled to one litre, the balance tips. Then the opposite end of the balance shows that by filling a bottle, they have mitigated using seven litres of water, 200 grams of oil, and other resources needed to manufacture one PET bottle. “We noticed between 2018 and 2019 that businesses offering refills grew from 8 places to 20 places, which is great to see,” remarked Hendrik.
Knowing the value WLAB creates in Arugam Bay, Eco Spindles also provides recycled polyester yarn that WLAB sources to make tote bags out of recycled plastic. “Though we are still in the product development phase, we thank Eco Spindles for sending us polyester yarn to test. This provides opportunities to the cottage and village level industries in craft, to create jobs and build livelihoods,” praised Hendrik. Using discarded plastics, Eco Spindles produces value-added products. This includes polyester yarn for global apparel brands and monofilaments for some of the world’s biggest brush producers.
WLAB also looks at innovatively combatting pollution through a plastic credit system when plastic is collected by working with Pristine Ocean and Empower.eco. “Any company in the world with a plastic footprint who wants to become plastic neutral can measure how many kilos they are releasing to the environment. These companies can then buy the same amount of plastic to be removed from the environment through organizations like mine. This money then enables us to do commercial level beach clean-ups in Arugam Bay,” noted Hendrik.
This is the story of an organization that is educating and offering solutions to waste-related issues. The efforts of Henry’s team will be fruitless if strides are not taken to have stronger legislation. Corporations and people need to be held accountable for the mismanagement of plastic waste. Governments and local authorities must have proper infrastructure and incentives to improve the collection and disposal of plastic. We need to be conscious, and we need your support!
Business
DIMO KNIGHTS 2026 Reinforces a Culture of Recognition and Growth
DIMO celebrated DIMO KNIGHTS 2026, recognizing employees whose exceptional dedication, leadership, innovation, and commitment continue to shape the organization’s success. More than an employee recognition event, DIMO KNIGHTS reflects DIMO’s unwavering commitment to cultivating a workplace where people are empowered to thrive, reinforcing the Employee Value Proposition of ‘Making Work Enjoyable and Rewarding’ while bringing its Corporate Purpose of Fuelling Dreams and Aspirations to life.
Held under the theme “Illuminating Leadership, Inspiring Achievement,” the event celebrated individuals who exemplify DIMO’s values and inspire excellence across the organization. By recognizing those who consistently go above and beyond, DIMO continues to foster a high-performance culture where people are empowered to innovate, lead, and create meaningful impact.
A highlight of the evening was the keynote address delivered by Mr. Ravi Kant, former Managing Director and Vice Chairman of Tata Motors India, who shared valuable insights on leadership, organizational transformation, and building resilient organizations capable of sustaining long-term success.
Commenting on the event, Ms. Dilrukshi Kurukulasuriya, Executive Director / Chief Human Resources Officer of DIMO, said: “Our Tribe is the driving force behind DIMO’s continued success. DIMO KNIGHTS is more than a celebration of outstanding performance; it is a reflection of the culture we strive to build every day. By recognizing and empowering our people, we reinforce our Employee Value Proposition of ‘Making Work Enjoyable and Rewarding’ while bringing our Corporate Purpose to life. When our people grow, innovate, and thrive, they create lasting value for our customers, partners, and the communities we serve.”
DIMO KNIGHTS reinforces the organization’s people-first philosophy by fostering a culture of appreciation, continuous learning, and purposeful leadership. The programme reflects DIMO’s conviction that when employees are empowered, recognized, and inspired to excel, they shape the future of the organization through innovation, collaboration, and sustained excellence, strengthening a high-performing culture that delivers lasting value, drives sustainable business success, and reinforces DIMO’s position as an employer of choice.
The evening recognized employees across a wide range of categories, celebrating outstanding performance, innovation, collaboration, customer focus, and leadership. The ceremony culminated with the presentation of the prestigious Innovator of the Year and Employee of the Year awards, with the Employee of the Year accolade presented to Mr. Chathura Gunasekera.
As DIMO continues to invest in developing exceptional talent, initiatives such as DIMO KNIGHTS reaffirm the organization’s belief that sustainable business success begins with its people. By creating an environment where individuals are recognized, empowered, and inspired to achieve their full potential, DIMO continues to cultivate a purpose-driven, high-performing workforce that is equipped to shape the future of the organization while delivering lasting value to all stakeholders.
Business
Sri Lanka’s lifestyle coffee culture boom and the two faces of its economy
By Sanath Nanayakkare
On Baseline Road in Colombo, Barista Coffee recently opened its 100th outlet. For a modern café culture spreading across shopping centers, office districts, and provincial towns, this milestone is a major commercial success. It shows a thriving urban service sector and a growing class of lifestyle consumers who use coffee shops as places to work, socialise, and meet.
This is a curious new picture emerging from Sri Lanka’s post-crisis economic recovery: the coffee cup is getting bigger, even as the household tea cup tells a very different story.
Yet, looking past the espresso machines, a different reality unfolds in the country’s kitchens.
International financial institutions note that while Sri Lanka’s macro-economy is recovering, household welfare and employment remain below pre-crisis levels. Poverty rates sit at roughly double what they were in 2019, and food prices doubled over a three-year span, forcing families to cut back on essentials.
This creates a striking local paradox, especially given Sri Lanka’s proud heritage as a global tea producer. While the world pays top dollar for Ceylon Tea, local market studies and industry reports have long pointed out an unfortunate disparity: many ordinary families find high-quality tea too expensive, often settling for lower-grade alternatives at home.
The growth of a 100-outlet coffee network does not mean prosperity has spread evenly across the island. Instead, it proves that there is a specific, well-resourced segment of consumers with the purchasing power to sustain a premium lifestyle economy, even as many other households carefully calculate the cost of everyday groceries.
Barista’s 100th store is not a bad-news story; it is a testament to acute entrepreneurial grit, shifting consumer behavior, and the vital revival of the nation’s urban service sectors. But it serves as an uncompromising reminder that macroeconomic stabilisation is not synonymous with household recovery.
As Colombo’s coffee culture looks toward its next hundred outlets, the true pulse of the nation’s economic health will not be measured by the espresso machines humming in sleek urban hubs, but by the quiet arithmetic happening in millions of kitchens beyond its doors – where the fundamental question remains whether a family can comfortably afford a better cup of Ceylon Tea.
Business
Aitken Spence Hotel Holdings Rs. 5 billion debenture issue oversubscribed on opening day
Aitken Spence Hotel Holdings PLC announced that its maiden listed, rated, unsecured, senior
redeemable debenture issue was oversubscribed on its opening day, 15th September 2026.
The Company sought to raise Rs. 3 billion through an initial issuance of 30 million debentures at Rs.
100 each, with an option to issue a further 20 million debentures in the event of oversubscription of the initial issue, increasing the total issue size to Rs. 5 billion.
The Company said it had received applications for more than 50 million debentures, the full amount on offer, prompting the issue to close at 4:30 p.m. on the opening day (15).
The basis of allotment will be announced to the Colombo Stock Exchange as per regulatory requirements in due course.
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