Business
Capital Maharaja Group celebrates achievements with Annual Group Review and Executive of The Year awards
The Capital Maharaja Group (CMG) celebrated its achievements in supporting Sri Lanka’s economic and social progress during turbulent times, with the Group Review and 43rd Executive Of The Year awards ceremony at Stein Studios in Ratmalana on Friday, June 16.
The Chairman of the Capital Maharaja Group, Mr. Sashi Rajamahendran, congratulated the entire CMG Family of executives and employees for their innovation and rapid responses in the face of the most daunting challenges over the past three years.
“We have a considerable legacy of achievements, which encompasses numerous subsidiaries and diverse fields. We also have a notable standing in Sri Lanka’s corporate landscape, and an unwavering commitment to staff development and significant contribution to society. It is this great spirit that makes our Group a formidable force in Sri Lanka and across the globe. We will push forward, we will keep rising and we will lead. We know of no other way,” Mr. Rajamahendran said.
The Capital Maharaja Group is one of Sri Lanka’s best known private sector conglomerates that is just seven years short of celebrating a century since its formation by Subramaniam Mahadevan and Sinnathamby Rajandram in 1930. It is today an integral thread in the fabric of Sri Lankan life with its diverse array of products and services that include FMCG, packaging, agriculture, shipping, education, power, communications, technology, PVC piping, manufacturing, Ceylon Tea, leisure, and the country’s largest media organization.
CMG’s community development arm, the Gammadda Movement, is a globally recognized initiative that is also Sri Lanka’s largest rural development programme.Chethana Liyanage, Director Talent Management at CMG and the CEO of the Maharaja Institute of Management was named the Executive of the Year. Chethana joined the Group as a news anchor in 1995 and has enjoyed notable career growth with CMG. The coveted award has over the decades been won by prominent persons who went on to play major roles in Sri Lanka’s economic progress, as well as at CMG.
India’s High Commissioner to Sri Lanka, Gopal Bagley, who was the Chief Guest, spoke on the rapid advancement of technology that is sweeping the world and has been embraced by India. He noted that technology will aid Sri Lanka in bridging the gaps in productivity and that Sri Lanka’s immediate neighbor and longtime partner India was ever-willing to assist.
“There are two types of people. Those who live in the present fearing for the future and the others who live in the present shaping the future. This talented pool of people at CMG is an example of the resources that Sri Lanka has,” High Commissioner Bagley added.
All of the night’s speakers paid tribute to the memory of the Late Mr. R. Rajamahendran, the Group’s Chairman who passed away during this period.Mr. Sunil Kanojia, Group Director and Chief Executive Officer of CMG, gave a comprehensive review of the achievements of the Group over the last four years.
“While we were still trying to grapple with the new world order caused by nature’s fury, political instability and economic woes that threw the entire supply chain out of gear, God took away our Chairman Mr. R. Rajamahendran who was guiding us until his last breath. But my expectations were more than justified in view of the sterling performance of the executives during the past years of unprecedented turbulence, and who proved to be our strongest pillar of strength,” said Mr. Kanojia.
A number of other important awards were also presented. They included the ‘RR Awards’, named after CMG’s late Chairman Mr. R. Rajamahendran, which were won by:
2020 – ICL Brands Pvt Ltd
2021 – S-lon Lanka (Pvt) Ltd
2022 – Harcros Chemicals (Pvt) Ltd
2023 – Tuffline Ltd
The ‘Achievers Awards’, for other notable accomplishments by CMG executives, were presented to:
Prashanthaka Hettiarachchi from A.F. Jones Exporters Private Ltd
Sampath Gunathilake from Harrisons Chemicals (Pvt) Ltd
Vindana Prasad Karunaratne from News 1st
Conall Beekmeyer from Canice Creations International
Channa Perera from Tuffline Ltd
The Executive Of The Year was chosen from among eight finalists:
Saman Perera – Group IT
Nalaka Seneviratne – Group Finance
Ravi Gamage – Group HR
Roshan Watawala – News 1st
Quintin Dissanayake – A.F. Jones Exporters Private Ltd
Nalin Jayawardhana – Kevilton Electrical Products (Pvt) Ltd
Varatharajah Sathananthan – Tuffline Ltd
Chethana Liyanage – Maharaja Institute of Management
The ceremony, which was held after a lapse of three years due to Covid and last year’s political and social uncertainty, was attended by a number of notable ambassadors, high commissioners and other members of the diplomatic community, together with several of Sri Lanka’s prominent entrepreneurs.
Business
USA–Sri Lanka Chamber of Commerce plans New York campaign to promote Tourism and Business
Timing aligns with national policy discussions
By Sanath Nanayakkare
The USA–Sri Lanka Chamber of Commerce is exploring an innovative promotional initiative to showcase Sri Lanka’s tourism, cultural heritage, and commercial opportunities in the heart of New York City during the upcoming Christmas and holiday season.
The proposed campaign aims to bring Sri Lanka’s unique identity to one of the world’s most internationally recognized cities through a mobile digital billboard featuring high-quality photographs and videos highlighting the island’s natural beauty, rich heritage, and diverse commercial offerings. Designed to capitalize on New York City’s significant holiday-season foot traffic, the initiative will reach American consumers, international tourists, and potential business partners.
The digital showcase will feature pristine beaches, scenic mountains, waterfalls, tea plantations, wildlife, ancient cities, Buddhist heritage, traditional arts, authentic cuisine, and modern attractions, positioning the country as a premier international travel destination. An interactive QR code linking to comprehensive tourism information will also be incorporated, allowing viewers to directly explore travel opportunities.
Beyond destination promotion, the initiative provides Sri Lankan businesses with a vital platform to introduce their products and services to the American market. Enterprises representing Ceylon tea, spices, food products, gems and jewellery, apparel, handicrafts, wellness, hospitality, and tourism will have the opportunity to showcase their brands alongside the broader national campaign.
The Chamber notes that this effort will be particularly beneficial for small and medium-sized enterprises (SMEs) seeking greater international exposure, brand recognition, and commercial partnerships in the United States. By integrating tourism promotion with commercial visibility, the project aims to strengthen Sri Lanka’s international image while supporting trade, investment, and business development.
Operating under the central message of “Discover Sri Lanka. Experience Sri Lanka. Visit Sri Lanka,” the campaign presents the island as a destination defined by natural beauty, cultural richness, distinctive products, and entrepreneurial potential. More information on the initiative is accessible at www.usaslcc.org.
Tourism sector stakeholders have welcomed the move, noting that private-sector-led initiatives of this nature bypass cumbersome bureaucratic procurement procedures and complex tender processes typically associated with state-run promotional campaigns abroad.
The timing aligns with recent national policy discussions regarding tourism promotion. Participating in a Fireside Chat at the inauguration of the Sri Lanka Economic and Investment Summit 2026, organized by the Ceylon Chamber of Commerce, President Anura Kumara Dissanayake emphasized that a proper procurement mechanism needs to be established before acquiring tourism promotional concepts, recommending a performance-based system where agencies are compensated according to verified growth in tourist arrivals.
Business
Seylan Bank partners Colombo Motor Show 2026 as official banking and leasing partner
For 10th consecutive year
Seylan Bank PLC, the Bank with a Heart, has reaffirmed its commitment to supporting Sri Lanka’s automotive industry by partnering with the 20th edition of the Colombo Motor Show 2026 as the Official Banking & Leasing Partner for the 10th consecutive year. This makes Seylan Bank the longest-standing partner of the Colombo Motor Show, further reflecting its longstanding association with one of Sri Lanka’s most prominent automotive exhibitions. The four-day exhibition is scheduled to take place from 20th to 23rd November 2026 at the Bandaranaike Memorial International Conference Hall (BMICH), marking the first time the Colombo Motor Show will be held as a four-day event.
As one of Sri Lanka’s leading international motor and motor accessories exhibitions, the Colombo Motor Show will bring together vehicle enthusiasts, prospective buyers, industry professionals and automotive service providers. The 2026 edition is expected to feature over 200 trade stalls covering motor vehicles, accessories, spare parts, lubricants, tyres, batteries, leasing facilities and other motor-related services.
Through its continued partnership, Seylan Bank will showcase a comprehensive range of financial solutions designed to support customers in meeting their personal and business needs, with a particular focus on Seylan Leasing facilities. Visitors to the exhibition will have the opportunity to receive on-the-spot leasing evaluations and expert guidance from Seylan Leasing Specialists, helping them explore vehicle financing options conveniently during the event.
Business
WCIC sharpens focus on scaling women-owned businesses
The Women’s Chamber of Industry and Commerce (WCIC) is sharpening its focus on helping women entrepreneurs move beyond business creation towards sustainable growth, as it expands its membership, partnerships and advocacy footprint.
WCIC Chairperson Gayani de Alwis, concluding her second tenure, highlighted the Chamber’s efforts had increasingly centered on creating pathways for women to translate entrepreneurial ambition into viable enterprises and, importantly, build those businesses for the longer term.
“Ultimately, our impact is not measured by the number of programmes we conducted, but by the women whose businesses grew, whose voices became stronger, whose horizons expanded and whose contribution to the economy became greater,” she said addressing the WCIC 41st Annual General Meeting (AGM) held on 22 September for which the Chief Guest was Canadian High Commissioner to Sri Lanka and the Maldives Isabelle Martin.
The focus has included a special initiative for female university students with an entrepreneurial mindset, regional chapter initiatives in the Northern Province, capacity-building programmes and the inaugural ‘Beyond Ramp Up’ workshop.
The Chairperson said these initiatives were designed to move women “from aspiration to enterprise, and from enterprise to sustainable growth”, signaling a broader focus on strengthening the progression of women entrepreneurs beyond the initial stages of business formation.
WCIC recorded a 20 percent increase in membership during the period with membership crossing 460 and expanded its ecosystem through a series of strategic partnerships.
Internally, WCIC moved to strengthen its governance framework, revising its Articles of Association to ensure regulatory compliance and introducing a Code of Conduct and Board self-assessment. Clearer organisational roles, job descriptions and performance targets were also introduced as part of efforts to strengthen accountability and professionalise its operations.
Reflecting on her tenure, the Chairperson said the period had been about building a stronger, more connected and professionally governed organisation, while converting its wider ambitions into tangible opportunities for women in business.
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