Business
Bumper turmeric harvest at Kuruegala Plantations
By Randima Attygalle
Reputed for its core coconut plantation business yielding around 15 million nuts per year, Kurunegala Plantations Limited (KPL), a fully owned government company, is also well known for its intercrops.
Currently operating under the Coconut, Kithul and Palmyrah Cultivation Promotion and Related Industrial Product Manufacturing & Export Diversification Ministry, KPL recently gathered a bumper harvest of turmeric, earning a profit of LKR 11 million.
Turmeric is KPL’s latest commercial inter-crop joining pepper, cinnamon, cocoa, mango, dragon fruit, guava, mangosteen, cashew and rambutan. The success of turmeric is encouraging, especially in the aftermath of government’s import ban, says KPL CEO S.M.M. Samarakoon.
“Although turmeric was grown in a very small scale by KPL, this is the first time we did it in a bigger way with the assistance from the Department of Export Agriculture (DEA) which guided us from planting, providing technical know-how up to harvesting.”
“The maiden harvest of our first large scale cultivation is very encouraging. It is also aligned with government’s Saubhagye Idiri Dekma,” Samarakoon notes.
Five acres of KPL estate land in Kalawewa, Dodangaslanda, Kurunegala, Narammala, Dambadeniya, Attanagalla and Katugampola were planted with 3,600 kg of seed material.
“The harvest was 36,000 kgs and the highest profit per land unit was derived from our Kalawewa estate,” says Samarakoon. Encouraged by the performance, KPL has extended turmeric cultivation to 20 acres now.
Turmeric is an ideal inter-crop with coconut and mangoes Samarakoon points out. “Out of our 12,250 acres of land, we maintain 9,000 acres of coconut and there is ample space between coconut palms for turmeric.”
The turmeric seeds for their first large scale cultivation were sourced from Hasalaka says Samarakoon adding that under their joint venture with DEA (Department of Export Agriculture), they distribute seed material to other growers and nurseries.
An ideal smallholder crop, turmeric which thrives in the dry zone will help alleviate poverty, says the senior planter.
“The return on investment is very high and with proper irrigation facilities in place, farmers can plant it around the year without being confined to Yala and Maha seasons,” says Samarakoon.
Superior quality turmeric rich in flavour and pungency is now sold under the KPL brand and can be ordered through its webpage or facebook page.
Turmeric, as Director (Research), Intercropping & Betel Research Station, Department of Export Agriculture (DEA), Dr. H.M.P.A Subasinghe explains, grows best in Matale, Kurunegala, Kandy, Ampara, Gampaha and Anuradhapura and presently covers an area of over 1,420 ha. Although we used to import a sizeable amount from India, today imports are completely banned, he said.
To bridge the shortfall, DEA has taken several measures to expand local cultivation. These include providing subsidies for seed rhizomes, registering farmers producing seed material, technology transfer through training programmes and mass media, new planting programmes for expanding the cultivation and subsidies for sprinkler irrigation systems and post-harvest machinery.
DEA also assists growers with production of planting material through small rhizome cuttings and tissue culture. Machinery for processing including peeling, drying and powdering and making organic fertilizer recommendations are among services provided.
“Last year we exported 69.2 Mt of turmeric to Australia, Canada, France, Germany and the Maldives earning Rs. 86.3 mn.,” says Subasinghe. He says turmeric is an ideal inter-crop with coconut as comparatively a higher returns can be had by maximizing land use,”
Urging other potential growers to take a cue from KPL’s success story, Subasinghe cites good practices promoted by the DEA for results already obtained. Selection of healthy seeds, planting at the right time, land preparation with recommended practices, supplementary irrigation with sprinklers, moisture conservation practices and inter-cropping with coconut under shade (around 30%) are notable among them.
Sri Lankan turmeric is superior to Indian turmeric in many ways, notes the agriculturist. “Curcumin is the most important chemical component in turmeric and our turmeric has a higher curcumin content. While Indian turmeric contains 2 to 3.5% of Curcumin, local turmeric contains 3 to 7%. Sri Lankan turmeric also contains a higher level of flavonoid and oil.”
Besides being a flavouring agent, turmeric also has considerable medicinal properties. Notable for antioxidant and anti-inflammatory abilities, turmeric increases brain functions and lowers the risk of heart disease, cancer and Alzheimer’s disease, ayurvedic physicians say. It also has anti-ageing properties and maintains skin elasticity. Turmeric can also help reduce depression and keeps arthritis at bay.
Business
Hour of reckoning comes for SL’s power sector
By Ifham Nizam
A long-delayed reckoning in Sri Lanka’s power sector is finally beginning to take shape—driven less by choice and more by necessity.
At a time when the country’s fragile economic recovery hinges on stability, the electricity sector—long plagued by inefficiency, political interference, and costly dependence on imported fuel—has re-emerged as both a risk and an opportunity.
It is within this context that The Institution of Engineers, Sri Lanka will host a timely and potentially consequential forum on April 2 at the Wimalasurendra Auditorium, focusing on a “Pragmatic Approach to Electricity Sector Reforms in Sri Lanka and the Way Forward.”
This is not just another technical discussion. It is, in many respects, a reality check.
The keynote address by Eng. Pubudu Niroshan—who stood at the centre of recent reform efforts as Director General of the Power Sector Reforms Secretariat—comes at a moment when the gap between policy ambition and execution has become impossible to ignore.
For over three decades, Sri Lanka has spoken the language of reform. Yet, time and again, progress has been derailed by institutional resistance, political hesitation, and an entrenched reluctance to dismantle inefficient structures.
The result is a sector that continues to bleed financially while passing the burden onto consumers and the broader economy.
High electricity tariffs, supply vulnerabilities, and operational inefficiencies are no longer isolated technical issues—they are macroeconomic threats. Industries struggle to remain competitive, investors remain cautious, and households continue to bear rising costs. The over-reliance on imported fossil fuels has only deepened this vulnerability, exposing the country to global price shocks and geopolitical disruptions.
The economic crisis of 2022 briefly forced a shift in thinking. Under severe fiscal pressure, reform was no longer optional. The passage of the Sri Lanka Electricity Act, No. 36 of 2024 was seen as a breakthrough—an acknowledgment that structural change could no longer be postponed.
But legislation alone does not transform systems.
What has followed is a more grounded, outcome-driven approach—one that attempts to move beyond policy rhetoric. Within a relatively short span, the first phase of restructuring has been pushed through, including the repeal of the decades-old CEB Act, No. 17 of 1969, and the unbundling of the monolithic utility into six state-owned entities.
This is, by any measure, a significant structural shift.
Yet, the real test lies ahead.
Unbundling without genuine market discipline risks becoming another cosmetic exercise.
The promise of a competitive National Electricity Market—long discussed but never realized—will depend heavily on regulatory strength, transparency, and political consistency. Without these, the same inefficiencies could simply be replicated across multiple entities.
Moreover, reform cannot succeed in isolation.
Sri Lanka’s energy transition must be anchored in a broader economic strategy—one that aligns power sector reforms with industrial growth, environmental sustainability, and investment policy.
The proposed “Energy Transition Act,” now under consideration, will be a critical piece of this puzzle. If executed with clarity and discipline, it could provide the legal backbone for a coherent and forward-looking energy framework.
The reference to an Integrated Economic Development Framework (IEDF) in the 2026 Budget underscores this necessity. Energy is not a standalone sector—it is the foundation upon which economic recovery will either stand or falter.
What makes this moment different is the absence of alternatives.
Sri Lanka can no longer afford half-measures or delayed decisions. The cost of inaction is too high, and the margin for error too narrow. Reform, in this sense, is no longer a policy preference—it is an economic imperative.
The upcoming forum at The Institution of Engineers, Sri Lanka is therefore more than a professEng. Pubudu Niroshanional gathering. It is a critical platform where technical expertise must confront political reality, and where long-standing assumptions must be challenged.
For years, Sri Lanka’s electricity sector has been caught in a cycle of discussion without delivery. The shift toward a pragmatic approach signals an understanding that outcomes—not intentions—will define success.
The question now is whether that realization will finally translate into sustained, irreversible change.
Because this time, failure is not just an option—it is a risk the country simply cannot afford.
Business
Dialog introduces Samsung Galaxy S26 Series with AI-powered camera and 5G Connectivity
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced the availability of the Samsung Galaxy S26 Series in Sri Lanka through its retail and digital channels, bringing Samsung’s latest flagship smartphone lineup to local consumers. The series includes the Galaxy S26, Galaxy S26+, and Galaxy S26 Ultra, combining advanced AI-powered capabilities, premium design and next-generation connectivity for everyday mobile use, with customers able to experience the power of Dialog 5G Ultra on the devices.
The Samsung Galaxy S26 Series introduces an AI-powered camera system featuring a 200MP AI-enhanced rear camera with improved low-light performance, advanced zoom and intelligent editing tools for capturing and refining content directly on the device. The lineup also includes Galaxy AI capabilities, a privacy display that limits viewing angles to protect on-screen information, and steady video functionality for smoother and more stable video recording.
The Galaxy S26 Series features Dynamic AMOLED displays across the lineup, including a 6.3-inch Galaxy S26, 6.7-inch Galaxy S26+, and 6.9-inch Galaxy S26 Ultra, supporting smooth performance for streaming, gaming and everyday productivity. The devices are available with 12GB RAM and storage options of 256GB or 512GB, while the Galaxy S26 Ultra also offers a 16GB RAM variant with up to 1TB storage for users requiring additional capacity.
Business
Ideal Motors celebrates gala ‘Excellence Awards’ honouring outstanding performance
The Mahindra Ideal Excellence Awards ceremony, a grand celebration to recognize dealers and other stakeholders of Ideal Motors, was held at the Wave n’ Lake Banquet Hall & Restaurant in Welisara recently.
The event was graced by the presence of special guests including Nalin Welgama, Founder and Chairman Ideal Motors, Dilani Yatawaka, Group Managing Director/CEO Ideal Motors, Nimisha Welgama, Director Legal and Corporate Affairs Ideal Motors, Sachin Arolkar, Head International Operations, Auto Division Mahindra & Mahindra India. Senthil Selvaraju, Head International Operations and Customer Service Automotive Division Mahindra & Mahindra India, Sujeeth Jayant, Country Head Mahindra & Mahindra India and Shitam Kundu, Head Domestic Services Mahindra & Mahindra India.
Also, in attendance from Ideal Motors were Kasun Fernando, General Manager Commercial Vehicle Sales Division, Sameera Bamunuarachchi, Deputy General Manager Spare Parts, Logistics & Inventory and Prasanna Manamperi, Deputy General Manager After Seles Service.
The Excellence Awards ceremony honoured the top sales dealers at the provincial and national levels. Recipients were presented with awards, certificates of merit, and cash prizes in recognition of their achievements. The three best national‑level sales dealers from the various categories were further rewarded with an opportunity to visit Bangkok, Thailand. In addition, special recognition was extended to banks and financial institutions that partner with Ideal Motors.
Speaking at the event, Nalin Welgama Ideal Motors Founder and Chairman said, “When we began our journey with Mahindra in 2009, the previous company had sold 300 vehicles in the country, of which nearly 150 had various defects. At that time our journey began by engaging with the parent company in India and repairing those vehicles free of charge. That commitment has brought us to where we are today. As we believe, our journey truly begins after the sale. We are dedicated to strengthening our customers, and in doing so, strengthening ourselves. That is how we transformed the after‑sales service experience.”
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