Business

EMA calls for enforcement of COVID-19 safety amidst re-start of events

Published

4 years ago

2021/07/18

Following the easing of Covid-19 restrictions in Colombo, the Event Management Association (EMA) issued comprehensive guidelines for hosting COVID-safe events and called for strictest possible adherence from stakeholders.

The EMA’s Handbook, lists out detailed safety and hygiene standards and protocols to ensure that all future events will be hosted in a responsible manner – minimizing the risk of COVID-19 transmission at events in order to avoid further shutdowns of an industry that is already on the verge of collapse after 14 months of closure.

The EMA represents the interests of an array of business segments, from event management companies, wedding planners, equipment rental companies (sound systems, lighting, LED, etc.) stage & set fabricators, furniture & infrastructure rental companies, and digital creatives companies to venues, florists, musicians, event support services, entertainers, dance troupes, artists, designers, technicians and many more. In total, the entire sector is estimated to contribute as much as Rs. 30 billion towards the national economy.

“We express our collective gratitude to the Government for taking a positive decision that will allow our members to earn a living after several painful months. While we welcome the opportunity for events to be hosted once more, extremely strict enforcement of comprehensive safety protocols is essential to avoid transmission of COVID-19 at events.

“When events were previously allowed, we have been disappointed to see many instances when these measures were totally disregarded. If such carelessness recurs and further COVID-19 cases arise, another shutdown will risk permanently destroying what is left of our industry. For the sake of all those employed and the families who depend on our industry, this cannot be allowed to happen. We therefore call on all stakeholders to implement and enforce our recommendations immediately and without compromises,” Roshan Wijeyaratne, President, EMA stated.

“Many event companies have made massive investments into infrastructure, equipment, and development of skills with investments ranging from Rs. 10 Mn to Rs. 800 Mn per business. They are now on the brink of collapse and are struggling to pay wages and meet financial commitments. Without assistance, they face impending bankruptcy. This will affect 130,000 direct and 600,000 indirect jobs and the people and families who depend on our industry for their livelihood,” Sajith Kodikara, Vice President, EMA.

Events are considered essential to businesses as a vital tool of ‘live communication’ which enables a cross-section of industries to present new products to the market and generate sales. In that regard, a high frequency of corporate events is often correlated with a healthy economy.

For countries that are beginning to emerge from COVID-19, face-to-face meetings and events are a priority feature of work they are looking to restart. A study of 125 New Zealand-based organisations found that 97% are planning to hold a business event in 2021 – up from 94% of respondents to a survey conducted in May 2020#. Another recent study found that business travel has increased by 55% since restrictions eased while 37% of respondents expect to resume travel in 2021.

“Another crucial factor to consider is the potential for Sri Lanka to be positioned as a ‘safe event hub’ for MICE and destination event tourism which will accelerate Sri Lanka’s economic revival. That is provided we are able to get the health crisis under control with a scientific approach and a sustainable way forward for the industry. If we delay, we will most certainly lose out on business to other countries in the region,” Nishan Wasalathanthri, Treasurer Member, EMA.

In emulation of global best-practices adopted as a solution to ensure compliance of guidelines, the EMA Handbook proposes the appointment of ‘safe-event ambassadors’ tasked with reporting on non-compliance of guidelines.

“The handbook is created to simplify the organisers’ tasks of planning and hosting events and to mitigate the risk of weaker standards being applied. While the guidelines are already comprehensive, we expect to update it with additional information shortly,” Minha Akram, Committee Member, EMA added.

The Association also expressed its support for the Government’s efforts to control the pandemic and re-start the Sri Lankan economy.

“As with many sectors of the economy today, our industry is in dire peril. There is however a light at the end of the tunnel, in the form of mass vaccination. We take great encouragement from the Government’s emphasis and continuing rollout of vaccines to the public and request the prioritization of vaccines for industry members.

“In order for all sectors of the economy to scale up activity, and have a meaningful chance at recovery, we need to achieve 60% vaccination as soon as possible. Only then will we be able to see larger scale events take place. We also take this opportunity to urge the public to continue cooperating with public health measures to speed our progress to recovery,” Gerry Jayasinghe, Advisory Counsel, EMA said.

The EMA handbook will be available online on www.emalk.org from July 19, 2021.

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Business

Sri Lanka rolls out digital signature framework to accelerate digital economy

Published

19 hours ago

2025/12/24

Sahan Weerasooriya

The LankaSign–eMudhra partnership brings together the strengths of LankaPay’s legally recognized digital signing certificates

Sri Lanka has launched a National Digital Signing Framework, a foundational initiative paving the way for paperless governance. This strategic move eliminates the need for physical signatures and documents in government transactions, aiming to dramatically enhance efficiency, transparency, and accessibility for citizens and businesses. An analyst said that this could accelerate Sri Lanka’s governance and commercial relationships with other countries as traditional signatures make room for digitally signed documents accepted by the government.

In this significant step toward accelerating Sri Lanka’s digital transformation, eMudhra, a global leader in digital identity and security solutions, has entered into a strategic partnership with LankaSign the only Certification Service Provider (CSP) in the country that complies with the Electronic Transactions Act No. 19 of 2006, operated by LankaPay, Sri Lanka’s national payment network during recently held inauguration of INFOTEL 2025 ICT exhibition at Sirimavo Bandaranaike Exhibition Hall.

The LankaSign–eMudhra partnership brings together the strengths of LankaPay’s legally recognized digital signing certificates issued via LankaSign – the pioneering digital Certification Service Provider in Sri Lanka established in 2009 – and eMudhra’s globally trusted emSigner platform, which has enabled secure digital document signing across more than 68 countries since 2008. Through this collaboration, Sri Lankan citizens and businesses will be able to experience a seamless, secure, and user-friendly digital signing solution, enabling documents to be signed anytime, anywhere using iOS, Android, or web-based applications.

This partnership with eMudhra aligns with the national agenda to promote adoption of digital documents, reduce dependency on paper-based processes, and facilitate a more efficient, transparent, and secure digital economy. This collaboration aims to support the government’s long-term digitalization roadmap by enabling a secure digital documentation layer essential for e-government services, digital finance, and digital transformation.

By Sanath Nanayakkare

Business

Dialog & University of Moratuwa launch open-source Sinhala Voice Model

Published

19 hours ago

2025/12/24

Sahan Weerasooriya

In a significant move to accelerate technological innovation in Sri Lanka, Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, and the Dialog-University of Moratuwa (UoM) Research Lab, has announced the release of SinhalaVITS, a state-of-the-art, open-source Text-to-Speech (TTS) model for the Sinhala language.

This non-commercial initiative delivers a powerful, high-quality, and natural-sounding Sinhala voice model to the public, making it freely accessible to developers, researchers, and students. The model is available for download on Hugging Face, the world’s largest open-source AI community, empowering anyone to build and experiment with advanced voice technology.

The SinhalaVITS model is the result of a deep-rooted collaboration that unites Dialog’s industry leadership with the academic excellence of the Dialog–UoM Mobile Communications Research Lab, fulfilling a vital need within Sri Lanka’s tech community for accessible, high-performance tools that drive innovation. By removing cost and licensing barriers tied to proprietary software, Dialog is empowering developers and researchers while fostering a more inclusive, collaborative, and future-ready AI ecosystem. This initiative further reinforces Dialog’s commitment to advancing Sri Lanka’s digital future—investing in open-source technology and academic partnerships to nurture local talent and lay the foundation for next-generation digital services built by Sri Lankans, for Sri Lankans.

Business

HNB signals ESG commitment with oversubscribed LKR 10 bn sustainable bonds

Published

19 hours ago

2025/12/24

Sahan Weerasooriya

The market opening ceremony conducted on the trading floor to mark the event

The Hatton National Bank PLC (HNB PLC) commemorated raising LKR 10 bn with its first ever issuance of sustainable bonds by way of a market opening ceremony conducted on the trading floor of the Colombo Stock Exchange (CSE) last week.

The 9th December issuance of 100 mn listed, rated, unsecured senior sustainable bonds, in five year and seven-year tenors, with a par value of LKR 100/- and rated “AA-(lka)” By Fitch Ratings Lanka Limited, was oversubscribed on the same day, raising LKR 10 bn.

Sustainable bonds, which were launched in Sri Lanka for the first time this year, are part of a series of GSS+ (Green, Social, Sustainable & Sustainability Linked) debt instruments. The proceeds of the sustainable bond issuance will be used by HNB PLC to fund the development and installation of solar, wind, biomass and hydropower projects, improve energy efficiency through retrofits, fund the construction of recognized ‘green’ buildings, fund investment infrastructure for water treatment, water conservation and efficient agricultural water technologies, finance housing development, healthcare and education for low- and middle-income families, promote women entrepreneurship, amongst others initiatives.

Damith Pallewatte, Managing Director and CEO of HNB PLC, who was the ceremony’s keynote speaker remarked upon the issuance of sustainable bonds commenting: “HNB’s LKR 10 bn sustainable bond issuance is a landmark step in advancing Sri Lanka’s sustainability agenda.”

Delivering his welcome address at the event, Rajeeva Bandaranaike, CEO of CSE, remarked upon rising corporate engagement in CSE’s GSS+ debt instruments stating: “HNB’s Sustainable Bond represents a welcome new addition to the list of leading Sri Lankan financial instruments that have set the example for the success of CSE’s GSS+ Bond framework which have allowed the capital market to operate as a financing vehicle for sustainable and socially equitable projects.”