Business
Government of Sri Lanka and UNDP Map Out SDG Investment for Private Sector to Support Recovery
The SDG Impact Standards were also introduced to the Sri Lankan market to guide investors and enterprises on integrating sustainability and the SDGs into management practices
The Government of Sri Lanka and UNDP in Sri Lanka on Aug. 30 announced the launch of the Sri Lanka SDG Investor Map (the Map), a market intelligence tool that seeks to direct private capital where Sri Lanka’s Sustainable Development Goals (SDG) priorities, Government policy and market opportunity intersect, as the country seeks to rebuild its economy sustainably, using the SDG framework as its guide. The methodology for the Map was created by UNDP SDG Impact, a press release from participants said.
Explaining the Map will be a crucial tool to accelerate Sri Lanka’s recovery pathway and build forward better, the reease said it can be used by:
Investors wishing to explore Sri Lanka as an investment destination while also rendering benefits for local communities and the environmentEnterprises that want to adjust their business strategy towards inclusive models and are seeking market intelligence and investment rationale to validate their approach
Government agencies seeking to address entry level barriers for the private sector and to build an amenable ecosystem for the development of SDG enabling sectors
“In Sri Lanka, the Map was the result of a strong collaboration between UNDP and Sri Lanka’s Sustainable Development Council, the nodal government institution responsible for coordination, facilitation, monitoring, evaluation and reporting on the implementation of the 2030 Agenda for Sustainable Development in Sri Lanka,” the release said.
“Sri Lanka’s apex investment promotion agency, the Board of Investments (BOI) of Sri Lanka, also provided input and validation during the development of the Map and is a key partner for the Map’s launch. Through secondary research and over 50 consultations with public and private sector organizations, the Map has identified 15 Investment Opportunity Areas (IOAs) that cover investment themes and business models across five SDG priority sectors: Renewable Energy, Healthcare, Infrastructure, Food & Beverages and Consumer Goods,” the release added.
At the event, UNDP called on the private sector to adopt the SDG Impact Standards, the independent and global management standards that guide businesses and investors in their decisions to optimize interrelated economic, social and environmental impacts. The forthcoming SDG Impact Standards Assurance Framework and SDG Impact Seal recognizes investors and enterprises who are more likely to be contributing positively to sustainability, reducing the risk of impact-washing.
Speaking at the event, Mr. W.A. Sarath Kumara, Deputy Secretary Treasury, Ministry of Finance stated, “Sri Lanka’s commitment to achieving the SDGs is explicit in our continued pursuit of national policies and development plans and programmes in alignment with SDGs over the years. Innovative financing mechanisms become imperative to synergize the government, private sector, and capital markets to generate the additional resources needed to finance the SDGs. The SDG Investor Map is therefore a timely intervention that would provide the potential investors with the required market information relating to potential investment opportunity areas.”
Highlighting how the map will inform Sri Lanka’s efforts to rebuild its economy sustainably, Ms. Hanaa Singer-Hamdy, Resident Coordinator, United Nations in Sri Lanka, said “a whole-of-society approach is needed to mitigate the immediate impacts of Sri Lanka’s economic crisis and assure the country’s long-term sustainable development. The Sri Lanka SDG Investor Map offers a compelling pathway for private sector entities to increase the alignment of their investments with the SDGs. It complements the recently launched United Nations Sustainable Development Cooperation Framework 2023–2027 by translating relevant country-level SDG gaps and priorities into private sector investment opportunities that will have lasting impacts on lives and livelihoods across the country.”
Commenting on the collaboration, Ms. Chamindry Saparamadu, Director General, Sustainable Development Council stated, ‘Partnerships underpin the success of the 2030 Agenda for Sustainable Development. Each stakeholder has particular strengths to bring to bear in delivering on the SDGs. Partnership and collaboration between the Sustainable Development Council and the UNDP in creating Sri Lanka’s first ever SDG Investor Map provides a classic example of how the strengths of each agency was leveraged to produce an innovative solution that could help bridge the financing gap for SDGs in Sri Lanka’.
Highlighting UNDPs role, Ms. Malin Herwig, Officer-In-Charge, UNDP in Sri Lanka commented, “The SDG Investor Map has provided us market intelligence on SDG aligned investment opportunities for Sri Lanka at this critical juncture. UNDP together with the Government of Sri Lanka, through the Map, calls for development partners, IFIs and private impact investors to come together to formulate financing solutions to contribute to the country’s recovery and SDG acceleration.”
Ms Fabienne Michaux, Director of SDG Impact concluded, “While there is much to be done, there is a great opportunity for the private sector to integrate sustainability and the SDGs into their investments and businesses to help Sri Lanka build forward better. The Sri Lanka SDG Investor Map has done a large part of the leg-work by identifying those sectors that will have the most development impact and that are aligned to the Government’s SDG targets. This coupled with the adoption of the SDG Impact Standards which guides the private sector to manage their impact, will further the country’s ability to build a more resilient future, leaving no one behind”.
About SDG Impact
SDG Impact is a UNDP flagship initiative, working to accelerate private sector contributions towards sustainability and the achievement of the Sustainable Development Goals (SDGs) by 2030. Its aim is to make it easier for organizations to place sustainability, the SDGs and managing for impact at the core of business and investment purpose, how value is created, and how capital is allocated through its SDG Impact Standards and the SDG Investor Maps.
Learn more sdgimpact.undp.org and follow us on Twitter @SDGImpact
About UNDP
UNDP is the leading United Nations organization fighting to end the injustice of poverty, inequality, and climate change. Working with our broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and planet.
Learn more at www.undp.org/srilanka or follow us at @UNDPSriLanka
For more information, please contact:
Contact: socialmedia.lk@undp.org | 0779804188 | 011-2580691 Ext. 1501 Get in touch: UNDP on Twitter | Facebook | Instagram
Business
SLAF, Aviyana Ceylon partner to elevate high-end sports tourism with Eagles’ Monsoon Cup 2026
Aviyana Ceylon, Sri Lanka’s upcoming ultra-luxury seven-star hospitality project, has stepped decisively into the country’s high-end sports tourism space by coming on board as the principal sponsor of the prestigious Eagles’ Monsoon Cup Golf Tournament 2026, in partnership with the Sri Lanka Air Force (SLAF).
The international-standard golf tournament is scheduled to be held on January 11, 2026, and is expected to attract diplomats, corporate leaders, high-net-worth individuals and overseas golfers, reinforcing Sri Lanka’s positioning as an emerging premium leisure and sporting destination.
Under the patronage of Aviyana Ceylon chairman, Dr. Thisara Hewawasam, the company has committed a Rs. 2.5 million sponsorship, marking one of the most significant private-sector investments in elite golf events in recent years.
The sponsorship was formalised at a ceremonial cheque handover held at the Sri Lanka Air Force Headquarters, where Dr. Hewawasam officially handed over the cheque to Commander of the Air Force, Air Marshal Bandu Edirisinghe.
“Our decision to support the Eagles’ Monsoon Cup goes beyond sport. It is a strategic investment in positioning Sri Lanka as a global luxury tourism and lifestyle destination, Dr. Hewawasam said.
“International sporting events with strong networking potential play a critical role in shaping perceptions, attracting premium travelers and enhancing the country’s brand equity. Aviyana Ceylon is committed to supporting platforms that elevate Sri Lanka’s global standing, he added.
Senior SLAF officials, including chairman, Eagles’ Golf Links, Air Commodore Erandika Gunawardhana, secretary of the Air Force Sports Council and Director Media, Group Captain Eranda Geeganage, Secretary of Eagles’ Golf Links, Group Captain Asanka Ratnayake and SLAF Golf Secretary, Wing Commander R.A.S.T.A. Fernando, along with Aviyana Ceylon representatives and invited guests were present at the event.
Air Marshal Bandu Edirisinghe welcomed the partnership, noting that collaboration between the military and private sector is vital in developing sports diplomacy and tourism-led economic activity.
“Eagles’ Monsoon Cup has evolved into a premier sporting event that brings together global and local stakeholders. The support extended by Aviyana Ceylon strengthens our ability to host events of international calibre and contributes meaningfully to sports tourism and national image-building, the Air Force Commander said.
Beyond the golf tournament, the partnership opens the door to new experiential tourism initiatives, including a proposed collaboration to offer luxury helicopter tours for Aviyana Ceylon’s clientele, operated in coordination with the Sri Lanka Air Force.
According to Dr. Hewawasam, the concept aims to provide discerning travelers with exclusive aerial experiences showcasing Sri Lanka’s landscapes, coastlines and heritage.
“Luxury heli-tours represent a new dimension in experiential tourism. They allow us to present Sri Lanka’s natural beauty from a unique vantage point, appealing to high-value travelers seeking privacy, exclusivity and unforgettable experiences, he said.
Industry observers note that such initiatives align with global trends where luxury hospitality brands integrate sports, aviation and curated experiences to differentiate destinations and increase average tourist spend.
The Eagles’ Monsoon Cup is widely regarded as one of Sri Lanka’s most elite sporting events, functioning not only as a golf tournament but also as a high-level networking platform linking diplomacy, business and leisure.
By Ifham Nizam
Business
‘Tea industry largely spared cyclone damage’
Reports received by us from tea brokers, the Colombo Tea Traders’ Association (CTTA) and other sources indicated that, by and large, the local tea sector has been spared by the recent weather havoc.
The CTTA in their recent communications said that although Cyclone Ditwah affected parts of Sri Lanka, production, sales, and exports of tea continued without interruption. Clearly, the report said, the well established and highly coordinated industry network was fully geared to confront these issues. Production and sales continued with least disruption . While some tea growing areas in Uva, and the Central Province experienced some impact no loss in manufacturing capacity was reported.
Damage was largely confined to specific roads, resulting in temporary disruptions to transportation. Some key routes connecting plantations to the city have now been reopened and transport services are resuming normal operations. Harvesting operations are gradually returning to normal with access roads being reopened and temporary roads have been constructed to facilitate transport of green leaf to manufacturing locations.
The tea small holders we met said, although their production routine was affected, quick return to normalcy was ensured thanks to the established Tea Small Holders’ Association whose action ensured speedy return to normalcy. They reiterated production was near normal; and the dismal situation was now in a controlled position. They assured that such losses were minimal and could be recouped with minimum delay.
The CTTA further said the majority of plantations and small holder lands in the South of the island were spared cyclone damage. Harvesting, manufacturing and transportation activities are continuing as usual.
Trading activities at the Colombo Tea Auctions continue to be held although with a revised calendar. The tea auction previously set for the 1st week December has been rescheduled for the last week December. This adjustment ensures uninterrupted financial flows to the producers , including small holders, maintaining the momentum of the industry.
Forbes and Walker Tea Brokers reported a national tea sale average for November of Rs. 1137.22 ( USD3.89) which shows an increase of Rs.61.17 and USD 0.02 YOY. The total National Sale Average for the year 2025 ( to date) was recorded at Rs. 1,164.97( USD 3.88). a decline of Rs . 63.49 ( USD 0.17) against the corresponding year’s average of Rs. 1228.46 (USD4.05). The report further said all elevations recorded negative variances during the period January to November 2025 in comparison to the cumulative corresponding year of 2024 in both LKR and USD terms.
By Steve A. Morrell
Business
Elephant House Ice Cream marks historic launch in Australia
Ceylon Cold Stores PLC (CCS), a subsidiary of John Keells Holdings PLC, has launched its iconic Elephant House Ice Cream in Australia, marking a bold step in the brand’s global expansion. The official unveiling took place on 4th December 2025 at the Novotel Melbourne Glen Waverley, where industry leaders, local distributors, and strategic partners gathered to celebrate the occasion. The launch was further honoured by the presence of Ms. Pradeepa Seram, Consul General Designate of Sri Lanka, and Ms. Cassandra Fernando, Member of the Australian Parliament, reflecting the deep and growing connections between Sri Lanka and Australia.
Elephant House is one of the highest-penetrated Sri Lankan brands among Sri Lankan communities living overseas, with a presence in 16 countries, including the Maldives, Australia, and the United Kingdom, among others.
In a significant milestone for the company, Elephant House Ice Cream is now manufactured locally in Melbourne to support wider availability in the ethnic market in Australia. The range currently available includes Vanilla, Karutha Kolomban, and Fruit and Nut in 500ml packs. This marks the first time in CCS’s 150-year legacy that Elephant House Ice Cream has been produced outside Sri Lanka, signalling a new chapter in the company’s international growth journey in collaboration with Millennium Imports Pty Ltd, it’s one of the franchise partners for Australia.
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