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Council for Business with Britain to strengthen the UK-SL trade corridor

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Roshanie Jayasundera Moraes addressing the membership. Also in the picture are Linda Giebing, VP, Dinithi Dias, Secretary, Ceylon Chamber of Commerce, Ameena Ziaudeen, VP and Tania Polonnowita Wettimuny, Treasurer, CBB

The 20th Annual General Meeting (AGM) of the Council for Business with Britain (CBB) of the Ceylon Chamber of Commerce was conducted on August 27.

During the course of proceedings, Roshanie Moraes, Executive Vice president, John Keells Holdings PLC became the first woman to be elected as the president of the Council for Business with Britain.

“Moving forward our efforts will primarily be focused on enhancing business and trade between the UK and Sri Lanka as part of wider government-led efforts to support post-COVID economic revival. We believe that women will also play a greater role in driving this recovery, and to that end, we will also be launching an initiative to improve female labour force participation and gender parity across Sri Lanka’s business environment,” she stated.

Exports to the UK from SL is around USD 1 b and imports from the UK, around USD 370 m. UK is one of the two largest apparel buyers from SL.

Commenting on developments during his tenure, outgoing president, Mark Prothero, CEO of HSBC, Sri Lanka & Maldives said: “As we all know, it has been an unfortunate and difficult period for Sri Lanka with two “Black Swan” events in a row in 2019 and 2020 which brought with it unprecedented challenges to our economy and particular hardship for our tourism and leisure sector.

“However, it is encouraging to see that despite these unique challenges, there are other sectors of Sri Lanka’s export economy which have rebounded sharply in a strong v-shaped recovery. This serves as one of many indicators as to the resilience of the Sri Lankan people and we can be confident that under a united president and government there is still strong opportunity for Sri Lanka to develop and prosper in the years ahead,” he said.

Having served as president during the 20th anniversary of the CBB, Prothero went on to express his gratitude to fellow Committee members – including some of the largest domestic corporates and multi-nationals – for their support and senior-level engagement in the CBB.

Over the past year, CBB organised multiple discussions and events focused on relevant and timely topics, covering financial and forex markets, responsible marketing, urban development and the significance of architecture and sustainable development. Among the other key highlights in the CBB’s calendar over the past year was the launch of the SL-UK trade and investment report and the hosting of a special event to felicitate former Sri Lankan cricketer and captain, Kumar Sangakkara on his appointment as the Chairman of the MCC.

Additionally, the council has also been actively supporting the training of English Language in partnership with the British Council for over 15 years. During this time, the CBB has funded the training of 2,300 teachers countrywide and positively impacted over 300,000 students.

Reading a statement issued on behalf of High Commissioner to Sri Lanka from the UK, Sarah Hulton, Lisa Whanstall, Deputy High Commissioner for the UK said: “I would like to thank the outgoing President Mark Prothero and the CBB committee for all their hard work and for the time they have spent sharing insights and working together with me in my first year in Sri Lanka. I also wish to congratulate incoming President Roshanie Jayasundera Moraes, together with the new office bearers and other committee members, with whom I look forward to working closely in the year ahead to support UK businesses in this challenging time. I understand that we have a first for the CBB on the gender representation front, which is also very exciting, and I am keen to explore activities and initiatives around this as well.”

The 2020/21 committee comprises of Linda Giebing, General Manager, Hilton Colombo Residences and Ameena Ziauddin – Development Director, Norfolk Foods as Vice Presidents, Tania Polonnowita Wettimuny, MD, Inter Air & Sea Logistics, as the Treasurer and Mark Prothero, CEO, HSBC Sri Lanka & Maldives as the Immediate Past President.

Newly appointed committee members include: Shirendra Lawrence, COO, MAS Holdings, Hajar Alafifi, Chairperson, Unilever Sri Lanka, Sarath Ganegoda, Director, Hayleys PLC, S Renganathan, MD, Commercial Bank, Nikhil Hirdaramani, Director, Hirdaramani Group, Arjuna Nanayakkara, Head of Shared Services, London Stock Exchange Group SL, Irfan Thassim, MD, Oceanpick, Dougie Douglas, Country Manager, Etihad Airways, Indika Abeykoon, GM, Aitken Spence Travels and Gihan Jayasinghe, MD, Finlays Group, SL.

Michael Fernandopulle, Head of Trade & Investment at the DIT, of the British High Commission, the Head of the British Council and Shaameel Mohideen, MD of Spillburg Holdings representing SMEs will be invitees to the Committee. Representatives from the BOI and the EDB to attend the meetings as invitees every quarter.

Further details regarding membership of the Council and its activities could be obtained from the Secretariat of the CBB of the Ceylon Chamber of Commerce, No. 50, Navam Mawatha, Colombo 2. E-mail: dinithi@chamber.lk or Tel.: 011-5588861, 5588800. CBB also could be contacted via www.cbbsl.com https://www.facebook.com/CBBSriLanka/ and on Twitter @CBB_SL.



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Central Bank Presents Annual Economic Review 2024 to President

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The Central Bank of Sri Lanka today (07) presented its flagship publication, the Annual Economic Review for 2024 (AER 2024), to President and Minister of Finance, Anura Kumara Disanayake, highlighting the steady progress of Sri Lanka’s economic recovery following the country’s most severe downturn in recent history.

The report was officially handed over by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank, during a special ceremony held at the Presidential Secretariat.

AER 2024 comprises four main chapters: Macroeconomic Developments, Conditions of the Financial System, Review of Central Bank’s Policies and Macroeconomic Outlook.

According to the Review, the Sri Lankan economy showed significant signs of recovery in 2024, following the deep economic crisis experienced two years ago. The recovery trajectory, though challenging, has been notably faster than that of many other debt-distressed countries.

Improvements in economic activity, a partial resurgence in purchasing power and reduced uncertainty are among the key positive indicators noted in the report.

The event was attended by Dr. Nandika Sanath Kumanayake, Secretary to the President,  K. M. Mahinda Siriwardena, Secretary to the Treasury, Mrs. K. M. A. N. Daulagala, Senior Deputy Governor, Dr. C. Amarasekara, Assistant Governor, Dr. (Mrs.) S. Jegajeevan, Director of Economic Research and Dr. L. R. C. Pathberiya and Additional Director of Economic Research at the Central Bank Dr. V. D. Wickramarachchi.

[PMD]

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IceWarp expands into Sri Lanka, fostering European innovation in collaboration with FentonsIT

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From left: Mohan Pandithage, Chairman and Chief Executive, Hayleys PLC,Hasith Prematillake, Managing Director of Hayleys Fentons Limited; Yoosoof Ihthisham, General Manager of Fentons Information Technology; Adam Paclt, Chief Executive Officer of IceWarp Global and Hayleys Fentons Information Technology (FIT) Team

IceWarp, a global leader in business communication solutions, has officially launched its cutting-edge platform in Sri Lanka, bringing European expertise in email and collaboration solutions to support the country’s evolving business landscape.

This expansion is driven by a strategic partnership with Fentons Information Technology (FIT), the Information Technology arm of Hayleys Fentons Limited.

The grand launch event held at The Kingsbury Colombo on 4th April, 2025, was graced by several distinguished guests, including Chief Guest Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC.

The presence of Adam Paclt, Global CEO of IceWarp, and Pramod Sharda, CEO for India and the Middle East of IceWarp, along with their global team, highlighted the significance of this expansion. Industry experts, government officials, corporate leaders, and CIOs from the banking, financial services and insurance sectors were in attendance as well, reflecting strong local interest in IceWarp’s European expertise.

With this launch, Sri Lankan businesses now have access to an affordable, scalable and secure alternative to Microsoft 365 and Google Workspace. IceWarp’s advanced Collaboration Suite integrates a wide range of tools into a single, unified platform designed to streamline communication and boost productivity. Offering flexible hybrid deployment options and cost-efficient solution, IceWarp enables organisations to optimise their operations without compromising security or functionality.

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Eventistry Sports launches Sri Lanka’s inaugural franchise padel league

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The league’s launch on June 21– 23, 2025, at Colombo’s Padel House courts (CR&FC)

Eventistry Sports, a trailblazer in innovative sporting events, has unveiled the Sri Lanka Padel League (SLPL), the nation’s first franchise-based padel tournament, set to debut in June 2025. This groundbreaking league promises to redefine Sri Lanka’s sports landscape by creating a dynamic national platform for athletes while fostering unity among fans, brands, and communities.

The SLPL will showcase six franchise teams, each embodying the spirit of iconic Sri Lankan locales: the Colombo Chargers, Yala Rangers, Hikkaduwa Riders, Ella Hawks, Arugambay Vipers, and Trinco Warriors. These teams will not only ignite regional pride but also unite the country through a shared passion for padel—a fast-paced racquet sport merging tennis and squash, played on enclosed courts.

“The SLPL is more than a league; it’s a movement,” declared Karin Wijeratne, Director of Eventistry Sports. “By blending franchise sports with Sri Lanka’s vibrant culture, we’re creating a platform where players gain national recognition, fans rally behind their hometown heroes, and brands engage with communities in meaningful ways.”

The league’s launch on June 21–23, 2025, at Colombo’s Padel House courts (CR&FC) will kick off with three days of high-octane matches, preceded by a star-studded player auction on May 16th at The Vault, Colombo City Centre. Local talent—both professional and intermediate—will be drafted by franchise owners, with international registrations now open to elevate the competition’s global appeal.

Please log in to: www.slpadelleague.com and social media: @SriLankaPadelLeague (Facebook & Instagram) for more information.

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