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Australian companies continue to see Sri Lanka as a highly prospective place to invest and do business, says High Commissioner

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  • = Australia has provided SL more support than ever this year, including through $75 million in development funding in 2022-23

  • = There is great potential in GOSL’s plan to become a regional hub for international education

  • = Permanent migration visas available in 2022-23, has increased legitimate migration pathways to Australia

by Sanath Nanayakkare

As a friend and neighbour, Australia will continue to support the people of Sri Lanka in any way we can, and Australian companies continue to see Sri Lanka as a highly prospective place to invest and do business,” the newly designated Australian High Commissioner to Sri Lanka Paul Stephens told The Island Financial Review during an exclusive interview with him.

“Australia and Sri Lanka enjoy strong economic and trade cooperation, which has continued this year despite the economic challenges faced by Sri Lanka. Australian companies continue to see Sri Lanka as a highly prospective place to invest and do business, for example in renewable energy, mineral resources, agrifood, water infrastructure, and education partnerships,” he said.

Further speaking Paul Stephens said:

“Under Australia-Sri Lanka Trade and Investment Framework Arrangement (TIFA), we hold Joint Trade Committee (JTC) meetings between senior officials annually (last held in 2021) and regular working level meetings every few months. We expect to continue senior bilateral engagement on trade and investment, including with a JTC hosted by Australia later this year.”

“I’m pleased to say there are now more than 30 partnerships between Australian education providers and Sri Lankan institutions – and this number continues to grow. Australia sees great potential in the Sri Lankan Government’s plan to become a regional hub for international education. The recent interim budget announcement to allow foreign universities to establish campuses in Sri Lanka is a strong, positive step towards growing Sri Lanka’s international education sector. Australian providers are keen to be part of this journey. The technical and vocational education sector is also an emerging growth area for Sri Lanka, and one where Australia has deep expertise and experience. We continue to work with the Sri Lankan Government to consider how best to collaborate in this space. For example, in partnership with the Sri Lankan Ministry of Skills Development and Vocational Training, Australia has been a strong supporter of programs that strengthen skills across the full value chain of the tourism sector. This work is carried forward through Australia’s $14.4 million Skills for Inclusive Growth program, which has been in operation since early 2017.”

“Australian society has been fortunate to benefit from a rich mix of cultural backgrounds and heritage. As reported in the most recent Australian census, since 2021 more than half of Australia’s population was either born overseas themselves or had a parent who was born overseas. Strong people-to-people links are a bedrock of the Australia-Sri Lanka relationship. Many Sri Lankans have chosen to make Australia their home and they have made outstanding contributions to Australia’s diverse, multicultural society. I have no doubt this will continue in the future. Australia’s focus is on supporting legitimate pathways to migration, and of course, discouraging Sri Lankans from making dangerous journeys by sea. Australia recently announced an increase in the number of permanent migration visas available in 2022-23, with a focus on meeting skills shortages in regional areas. This step has increased the legitimate migration pathways available to Australia, including for Sri Lankans.”

“Australia remains committed to working practically and constructively with Sri Lanka to advance its commitments toward reconciliation and transitional justice and to meet its international human rights obligations. Australia has always had transparent and open discussions with the Sri Lankan Government on our strong support for international human rights norms. While Sri Lanka’s current economic situation is challenging, there is good evidence that durable reconciliation is a key underpinning factor for long-term political and economic stability. While we welcome a central role for strengthened, independent domestic institutions that have the trust of affected communities, we also continue to encourage Sri Lanka to engage positively with international human rights processes. We do also consider the ongoing impacts of the conflict, and the role we can play in helping to mitigate these, through our development assistance to Sri Lanka. Among other initiatives, in recent years Australia has provided support for livelihoods and psycho-social support for affected communities in the North and East, and supported a range of community-based organisations to lead reconciliation and economic development at the local level. We will continue to look for opportunities to support Sri Lanka’s reconciliation journey.”

“I was very pleased to see Sri Lanka and the IMF work together to recently finalise the IMF staff-level agreement. This is a positive step in Sri Lanka’s economic recovery and Australia welcomes the strong and productive engagement by senior officials in this process. We continue to encourage the Sri Lankan Government to follow through with the implementation of any necessary reforms recommended by the IMF, as part of returning Sri Lanka to a stable and prosperous economic path. I am also pleased Australia has provided Sri Lanka more support than ever this year, including through $75 million in development funding in 2022-23, to help alleviate the impacts of the crisis on the most vulnerable. As a friend and neighbour, Australia will continue to support the people of Sri Lanka in any way we can.”

“Australia’s Indo-Pacific vision is for an open, inclusive and resilient region underpinned by rules, norms and respect for sovereignty. As an Indian Ocean neighbour, Australia wants Sri Lanka to be stable, resilient and prosperous, including by safeguarding its sovereignty and democratic values. Australia and Sri Lanka have long had productive and mutually beneficial collaboration in regional and multilateral forums, including the UN, the Commonwealth and the Indian Ocean Rim Association. We will continue to work together and support Sri Lanka’s engagement in these institutions, which we see as important mechanisms for frank and open discussion and practical action in areas of common interest.”

When asked to tell our readers about his diplomatic career, his family, the food he loves to eat and what he enjoys doing in his leisure time, the High Commissioner said,” I have been fortunate to have had a varied career which has included postings in Stockholm (where I was Ambassador), Bangkok, New York and Brasilia, in addition to Colombo. My wife Christina and I have three children, twin boys Cody and Daniel and a daughter Bella. All three are adults and remain in Australia where they are working. We are looking forward to having them visit us here in Sri Lanka. I am an avid sports follower, especially of cricket and Australia’s indigenous football code, Australian Rules. I played grade cricket for many years in Australia but have more recently focused on distance running, while also enjoying bike riding, swimming and going to the gym. There are very few foods I don’t like but I do love spicy cuisine and am looking forward to experiencing Sri Lanka’s many culinary delights, especially fish and fresh fruits!

When asked if there’s a motto that best describes how he views and approaches life, he said,” I don’t have a special motto, but I think it’s important to be nice to people and stay calm.”



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HNB Assurance Elevates ‘Liya Harasara’ 2026 with Unmatched Benefits to Honor the Spirit of Womanhood

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HNB Assurance PLC launched the 2026 edition of Liya Harasara, its flagship annual initiative dedicated to celebrating and empowering women in line with International Women’s Day. Recognized as one of the most anticipated campaigns of the year, Liya Harasara continues to evolve, delivering meaningful protection and exclusive privileges designed to support women in every stage of life.

This year’s edition introduces the most rewarding benefits in the history of the initiative. Women who sign up for eligible Regular Premium Life Insurance policies will receive a Free Life Cover of up to Rs. 2 Million for one year, along with a Free Critical Illness Benefit of up to Rs. 500,000, providing enhanced financial security and reassurance when it matters most. Additionally, female policyholders are also entitled to pregnancy related hospitalization cash benefit for Life Insurance Policies with in-force Hospitalization Benefit, for a maximum of three days per annum.

Commenting on the significance of this year’s campaign, Lasitha Wimalarathne, Executive Director / CEO of HNB Assurance, stated: “As we mark our 25th year as a trusted life insurer, we wanted Liya Harasara 2026 to reflect the strength of the journey that brought us here. For 25 years, women have been at the heart of our story, as leaders, advisors, customers and changemakers. This special edition is our way of honoring that partnership and reaffirming our commitment to protecting their aspirations for the future. When women progress, families prosper and communities thrive and we are proud to stand by them with meaningful protection and lasting assurance.”

Sharing his thoughts, Dinesh Yogaratnam, Chief Marketing and Customer Experience Officer of HNB Assurance, added, “Liya Harasara has grown into more than just an annual campaign, it is a tribute to the Spirit of Womanhood, to resilience, ambition and strength. The 2026 edition has been thoughtfully enhanced to deliver greater value and deeper impact, ensuring women receive protection that truly supports their ambitions and wellbeing. We remain committed to creating solutions that empower confidence and provide peace of mind, enabling women to focus on achieving their goals without compromise.”

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Seven decades of sartorial excellence: The legacy of Linton Master Tailors in Kandy

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In the 1950s, Linton Wimalasena Udagagedara served as the tailoring instructor at the rehabilitation unit of the Bogambara Prison. Known affectionately by all as “Linton Master,” he laid the foundation for a legacy that would eventually redefine men’s fashion in the hill capital.

In 1958, Linton Master ventured into private business by renting a small shop in Trincomalee Street, Kandy, under the name “Linton Master Tailors.”

Supported by a handful of employees and the unwavering strength of his wife, Srima Alwala, the business began its humble journey. In those early days, Linton Master would travel from Kandy to Pettah, Colombo, walking miles to handpick high-quality fabrics at affordable prices. Though the initial years were a struggle, he never compromised on quality.

Due to his commitment to superior craftsmanship and impeccable finishing, “Linton Master’s Shop” in Trincomalee Street soon became a household name across the Kandy region. By the 1970s, the thriving business moved to Yatinuwara Veediya. As the enterprise grew, Linton Master eventually purchased the rented building and the adjacent premises. In the 1990s, the brand reached its zenith, becoming a hallmark of excellence.

Following the passing of Linton Master in 2009, the business transitioned into a new era. Today, it stands proud at the same familiar location in Yatinuwara Veediya, rebranded as “Linton & Sons Master Tailors.” His legacy is carried forward by his children; while one son manages a printing press and a daughter runs a bridal wear brand under the Linton name, his son Nidarshana Udagagedara has significantly expanded the core tailoring business.

Today, Kandy is home to three main institutions bearing the prestigious Linton brand. Linton & Sons Master Tailors, now employing around 20 skilled professionals, is a nationally recognized name. Known for their international standards, it is said that anyone who gets a full suit tailored at Linton & Sons invariably returns for their second.

The business that once started with fabric handpicked from Pettah now utilizes world-renowned international brands. Linton & Sons is currently the only tailor shop in Kandy that creates garments using prestigious fabrics such as Raymonds, Pacific Gold, Medici, and Macone.

Current Chairman Nidarshana Udagagedara notes that they serve a loyal customer base, with complete groom’s suit packages ranging from Rs. 30,000 to Rs. 90,000. With a highly experienced team, they now offer an exclusive one-day service, allowing customers to have bespoke designs created to their exact specifications in record time.

Spanning seven decades, the Linton lineage, which has brought fame to Kandy, has now successfully expanded from the second generation to the third, ensuring that the master’s stitch continues to define elegance for years to come.

By S.K. Samaranayake

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LANKATILES Captivates Architect 2026 with a Spectacular Celebration of Fine Living

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Overall Best Stall and Best Trade Stall Displaying Local Products awards at Architect 2026

At the prestigious Architect 2026 Exhibition, LANKATILES unveiled an immersive Concept Studio of contemporary design, where every surface spoke in allusive ways of exquisite craftsmanship and architectural vision.

Among a host of outstanding participants, the Concept Studio was recognized with two of the exhibition’s highest accolades: Overall Best Stall and Best Trade Stall Displaying Local Products. This is a resounding testament to five decades of trust, quality, and innovation.

The Concept Studio was thoughtfully zoned to evoke the ambiance of curated interiors and sophisticated entryways, unveiling the latest designs introduced to the market. Visitors were guided through a seamless spatial journey, beginning with the Living Zone, where expansive surfaces harmonized durability with refined design to elevate everyday living. The Kitchen Ambience Zone presented a contemporary culinary environment enriched with elegant finishes, demonstrating how functionality and elevated aesthetics coexist in modern homes.

The experience continued into the Bedroom Zone, an intimate and serene setting curated with soothing palettes and luxurious surfaces to create a tranquil retreat defined by comfort and understated elegance. Complementing this was the Bathware Zone — a sanctuary of calm showcasing precision-crafted porcelain surfaces that seamlessly blended purity of form with superior performance, redefining modern bathroom sophistication.

Extending beyond interiors, the Poolside Zone highlighted elegant outdoor settings framed by resilient, high-performance tiles, where aesthetic excellence met enduring strength in expressive interpretations of contemporary luxury. Featuring the latest Mosaic designs alongside the grand large-format tile series, Majestica, each zone illustrated how LANKATILES transforms raw materials into architectural poetry, reinforcing its leadership in innovation and design excellence.

Another defining feature of the Concept Studio was the AI-powered Tile Visualizer; an advanced digital interface designed to offer architects and homeowners an intelligent and immersive visualization experience that redefines the way interiors are selected and conceptualized. Within minutes, users can upload an image of their dream space and instantly explore precisely matched tile designs and colour palettes tailored to their aesthetic preferences.

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