Business
Celebrating the artistry and essence of coffee
Lanka Coffee Association, in partnership with Australia’s Market Development Facility (MDF) and Jetwing Hotels, successfully hosted the second annual Sri Lankan Coffee Festival on 19 May 2023.
The coffee sector in Sri Lanka witnessed a notable transformation and attracted a multitude of market actors leading to significant growth in the industry. This surge in participation has propelled the industry to new heights. Recognising the unique opportunities to support the sector, MDF, supported by the Australian government, began working in the coffee industry in 2017.
A key activity that marked the comeback of the Sri Lankan coffee industry was hosting the first-ever Sri Lankan coffee festival by MDF in 2022. Following the success of this inaugural event, the Lanka Coffee Association (LCA), in partnership with MDF and Jetwing Group, hosted the second Sri Lankan Coffee Festival on the 19th of May at Jetwing Colombo 07. The Colombo Coffee Company, Temple Grounds and Soul Coffee were gold, silver and bronze sponsors for the event.
The Australian High Commissioner to Sri Lanka and Maldives, Paul Stephens, was the guest of honour at the festival and delivered the keynote address. He underlined Australia’s support to the growth of the specialty coffee sector in Sri Lanka and noted, “As a nation of coffee drinkers, Australia is pleased to see continued commitment towards developing the coffee sector in Sri Lanka on display here today.”
The 2023 Sri Lanka Coffee Festival showcased the quality and diversity of local coffee and emphasised the importance of promoting investment in this growing sector. The event featured various activities, including panel discussions on the “Upward Journey of the Coffee Industry in Sri Lanka: The Challenges Faced and The Way Forward”. Moreover, the festival provided an excellent platform for coffee growers, processors, and roasters to showcase their products and network with potential buyers and investors.
At the mini exhibition, Colombo Coffee Company, Temple Grounds, Soul Coffee, Helanta Coffee, Elpitiya Plantations, Valli products presented their coffee, allowing the public to experience the unique taste and aroma of locally grown coffee. Concurrently, the finals of the LCA Barista Championship took place.(Regional barista championships were hosted in Dambulla, Galle and Negombo regions throughout April). MDF has actively supported the coffee industry by collaborating with the private sector to improve production and the coffee quality while promoting the industry internationally.
Maryam Piracha, MDF Sri Lanka Country Director, expressed her delight at the successful completion of the 2023 Coffee Festival. She emphasised that MDF has made significant strides in developing and promoting speciality coffee through these events in collaboration with the LCA. MDF is confident that the coffee sector is on track to position Sri Lanka as a global coffee destination.
The audience experienced the unveiling of “Sri Lanka’s Coffee Renaissance: A Guide to the Speciality Coffee Industry” at the festival—a game-changing report by MDF. This report unlocks invaluable insights into the local specialty coffee sector and reveals key investment opportunities. To build on the synergies of coffee and tourism, Jetwing Group, Sri Lanka’s leading hotel chain, was the platinum sponsor for the event. Chairman of Jetwing, Symphony PLC, and The Lighthouse Hotel PLC, Hiran
Cooray added, “Tourism and coffee are like two perfect blends, each complementing the other in creating a unique and unforgettable experience for travellers seeking to discover the beauty and coffee culture of Sri Lanka. Being a part of the 2023 Coffee Festival was a great opportunity to showcase the growing coffee culture and its link to tourism.”
Rinosh Nasar, Chairman, Lanka Coffee Association mentioned, “The Sri Lankan Coffee Festival hosted by the LCA, is a celebration of our rich coffee heritage and the incredible opportunities ahead. At the LCA, we are focused on pushing the growth of the Sri Lankan coffee industry from plant to cup and uplifting the livelihood of our coffee farmers.”
The Australian government’s support has played a pivotal role in ensuring the success and rise of specialty coffee in Sri Lanka. MDF’s collaboration with coffee players in the sector has enabled the Australian government to strengthen bilateral ties between Australia and Sri Lanka, set to impact the global coffee community significantly.
Business
Indo-Sri Lanka Chambers forge alliance to drive infrastructure and real estate investment
By Sanath Nanayakkare
In a major boost to bilateral economic ties, the Chamber of Construction Industry of Sri Lanka (CCISL) and the Indo–Sri Lanka Chamber of Commerce & Industry (ISCCI) have signed a strategic Memorandum of Understanding (MoU) to deepen cooperation in real estate, infrastructure, and urban development.
The agreement establishes a formal framework for both institutions to drive collaborative initiatives, including business delegations, high-level conferences, workshops, B2B matchmaking sessions, and technical site visits. Designed to bridge businesses, government institutions, and project stakeholders across the Palk Strait, the partnership aims to unlock new avenues for cross-border joint ventures and technology transfers.
A focal point of this newly minted partnership is the facilitation of an upcoming trade delegation from the National Real Estate Development Council (NAREDCO) of India. Comprising major Indian players in the real estate and infrastructure sectors, the visiting delegation will engage in targeted business meetings, workshops, and inspection tours of prominent construction projects in Sri Lanka.
Under the terms of the MoU, CCISL will serve as the principal host coordinator in Sri Lanka. In close consultation with ISCCI, the apex construction body will curate itineraries, identify viable projects for engagement, and facilitate high-level dialogues with key government agencies, regulatory bodies, and industry leaders.
With both nations prioritizing sustainable urban growth, modern construction technologies, and infrastructure expansion, industry leaders view the partnership as a timely catalyst for economic rejuvenation. The collaboration is anticipated to accelerate market access, knowledge exchange, and foreign direct investment into Sri Lanka’s burgeoning property and development sectors.
To ensure the success of the upcoming NAREDCO delegation, CCISL has issued an urgent appeal to statutory authorities and relevant project owners to come forward with viable investment proposals. Stakeholders holding projects seeking foreign investment or technical partnerships are invited to submit comprehensive details to the Secretary General and CEO of CCISL via email at secyces@gmail.com.
Both chambers emphasize that translating this foundational agreement into tangible partnerships and robust capital flows will significantly strengthen bilateral connectivity between the construction and real estate sectors of India and Sri Lanka.
Business
Hettich celebrates a decade in Sri Lanka with partner meet in Colombo
Hettich, the globally renowned German manufacturer of furniture fittings and architectural hardware known for its state-of-the-art manufacturing plants and magical interior solutions across the world celebrated a significant milestone in Sri Lanka, marking 10 years of presence in the country with its inaugural Partner Meet in Colombo.
The landmark event brought together Hettich’s key partners, stakeholders and industry leaders to celebrate a decade of growth, collaboration and shared success, while reaffirming the company’s long-term commitment to the Sri Lankan market.
Over the past decade, Hettich has strengthened its presence in Sri Lanka through its focus on German engineering, innovation, quality and functionality, contributing to the creation of contemporary and intelligently designed living and working spaces across the country.
The gala evening was graced by a distinguished delegation of senior leaders, including Dr. Andreas Hettich, Chairman, Hettich Group Advisory Board; S. K. Poddar, Chairman, Hettich India & Adventz Group; Mr. Akshay Poddar, Director, Hettich India; Andre Eckholt, Managing Director, Hettich India, SAARC, Middle East & Africa; Rahul Thakkar, Director – Sales, Hettich India & SAARC; and Dinusha Bhaskaran, Managing Director, Vallibel One PLC.
Business
GS Evo Motors launches all-new JMEV EWIND
GS Evo Motors Limited, the authorized distributor of JMEV electric vehicles in Sri Lanka, has officially launched the JMEV EWIND, a next-generation compact electric SUV. The vehicle is designed to offer strong performance, intelligent technology, premium comfort, and high safety standards, marking another milestone in Sri Lanka’s growing electric mobility sector.
The EWIND features a sleek, aerodynamic exterior with penetrating LED daytime running lights, trapezoidal chain-inspired LED tail lamps, 19-inch alloy wheels, and a bold silhouette. Inside, it offers a spacious cabin with a panoramic moonroof and retractable curtain, an ultra-thin suspended instrument panel, a D-shaped multifunction steering wheel, multi-colour ambient lighting, premium finishes, and electrically adjustable front seats.
The SUV is available in single-motor front-wheel drive configurations, producing up to 108 kW and 210 Nm, with 0–100 km/h acceleration in 8.9 seconds.
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