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Govt.-WB talks on propelling country on development path

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The government- World Bank talks in progress

By Ifham Nizam

President Anura Kumara Dissanayake along with top government officials yesterday engaged with World Bank Vice President Martin Raiser to discuss a wide-ranging financial and technical partnership aimed at propelling the island nation’s development initiatives.

The Island Financial Review reliably learns that the agenda included youth unemployment, launching the ambitious ‘Clean Sri Lanka’ initiative, tackling rural poverty and promoting digital transformation, with a focus on boosting Northern development.

The high-level talks, which took place in Colombo, were marked by a shared commitment to enhancing Sri Lanka’s economic resilience and advancing its socio-economic progress.

The meeting highlighted the importance of swift and efficient disbursement of funds for critical projects, and explored opportunities for new investments in areas, such as, education, energy and public transport, which are central to Sri Lanka’s long-term growth and sustainability.

One of the central issues discussed was youth unemployment, a growing challenge for Sri Lanka. With a large proportion of the population under the age of 30, there is a pressing need for effective initiatives that can offer young people meaningful employment opportunities.

In light of this, both the Sri Lankan government and the World Bank agreed on the importance of strengthening educational programs that align with labor market demands and provide young people with skills necessary for the 21st-century workforce. Further, the two parties committed to supporting vocational training and entrepreneurship programs aimed at addressing youth unemployment.

A significant part of the conversation also revolved around the ‘Clean Sri Lanka’ initiative, a government-led program aimed at improving waste management, promoting sustainable practices and reducing environmental pollution. With global concerns about climate change and sustainability, the World Bank agreed to lend both technical expertise and financial resources to help realize the goals of the ‘Clean Sri Lanka’ program. This collaboration will focus on waste recycling, green energy projects and the reduction of plastic waste, all aimed at fostering a cleaner, greener environment for future generations.

The meeting also focused the importance of rural poverty alleviation, especially in the Northern regions of the country. These areas, which were heavily affected by the prolonged civil conflict, continue to face developmental challenges. The World Bank reiterated its commitment to funding projects that address the infrastructure deficits, promote economic activities and improve the quality of life for rural communities. Both parties agreed on the importance of integrating digital technology into rural development efforts to bridge the urban-rural divide.

Sri Lanka’s digital transformation agenda was another area of emphasis during the talks. The World Bank expressed its support for expanding digital infrastructure, improving connectivity, and fostering an inclusive digital economy. By investing in high-speed internet, e-government services, and digital literacy, Sri Lanka aims to enhance its global competitiveness and provide greater opportunities for all sectors of society, especially in rural and underserved areas.

“We are committed to ensuring that Sri Lanka not only recovers from its past challenges but also embarks on a path of sustainable development for future generations,” stated Martin Raiser, Vice President of the World Bank for South Asia. “We will continue to work closely with Sri Lanka to implement projects that have a real, tangible impact on people’s lives.”

President Dissanayake expressed optimism about the outcomes of the meeting. “With the support of the World Bank, we will be able to accelerate key initiatives and address the most pressing challenges facing our nation. This partnership marks a new chapter in Sri Lanka’s journey towards sustainable development and prosperity, he said.



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Sri Lanka betting its tourism future on cold, hard numbers

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“From Data to Decisions” initiative jointly backed by Australia’s Market Development Facility holds its panel discussion

National Airport Exit Survey tells quite a story

Australia’s role here is strategic, not charitable

In a quiet but significant shift, Sri Lanka’s tourism sector is moving beyond traditional destination marketing and instinct-based planning. The recent launch of the “From Data to Decisions” initiative jointly backed by Australia’s Market Development Facility and the Sri Lanka Tourism Development Authority, sent an unambiguous message: sentiment is out, statistics are in.

The initiative is anchored by a 12-month National Airport Exit Survey, a trove of data covering 16,000 travellers. The findings sketch a new traveller profile: nearly half are young (20–35), independent, and book online. Galle, Ella, and Sigiriya are the hotspots; women travellers outnumber men; and a promising 45% plan to return. This isn’t just trivia. It’s a strategic blueprint. If Sri Lanka Tourism listens, it can tailor everything from infrastructure to marketing, moving from guesswork to precision.

Tourists have a real sense of achievement after hiking the trail to Ella Rock

The keynote speaker, Deputy Minister Prof. Ruwan Ranasinghe called data “a vital pillar of tourism transformation.” Yet the unspoken truth is that Sri Lanka has long relied on generic appeals -beaches, heritage, smiles. In today’s crowded market, that’s no longer enough. As SLTDA Chairman Buddhika Hewawasam noted, this partnership is about “elevating how we collect, analyse, and use data.”

Australia’s role here is strategic, not charitable. By funding research and advocating for a Tourism Satellite Account, it is helping Sri Lanka build a tourism sector that is both sustainable and measurable. Australian High Commissioner Matthew Duckworth linked this support to “global standards of environmental protection” – a clear nod to the growing demand for green travel. This isn’t just aid; it’s influence through insight.

“The real test lies ahead,” a tourism expert told The Island. “Data is only as good as the decisions it drives. Will these insights overcome bureaucratic inertia? Will marketing budgets actually follow the evidence toward younger, independent, female travellers?,” he asked.

“The comprehensive report promised for early 2026 must move swiftly from recommendation to action. In an era where destinations are discovered on Instagram and planned with algorithms, intuition alone is a high-stakes gamble. This forum made one thing clear: Sri Lanka is finally building its future on what visitors actually do – not just what we hope they’ll do. The numbers are in. Now, the industry must dare to follow them,” he said.

By Sanath Nanayakkare

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New ATA Chair champions Asia’s small tea farmers, unveils ambitious agenda

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New Chairman of the Asia Tea Alliance (ATA), Nimal Udugampola

In his inaugural address as the new Chairman of the Asia Tea Alliance (ATA), Nimal Udugampola placed the region’s millions of smallholders at the core of the global tea industry’s future, asserting they are the “indispensable engine” of a sector that produces over 90% of the world’s tea.

Udugampola, who is also Chairman of Sri Lanka’s Tea Smallholdings Development Authority, used his speech at the 6th ATA Summit held in Colombo on Nov. 27 to declare that the prosperity of Asian tea is “entirely contingent” on the resilience of its small-scale farmers, who have historically been overlooked by premium global markets.

“In Sri Lanka, smallholders account for over 75% of our national production. Across Asia, millions of families maintain the quality and character of our regional teas,” he stated, accepting the chairmanship for the 2025-2027 term.

To empower this vital community, Udugampola unveiled a vision focused on Sustainability, Equity, and Digital Transformation. The strategic agenda includes:

Climate Resilience: Promoting climate-smart agriculture and regenerative farming to protect smallholdings from environmental disruption.

Digital Equity: Leveraging technology like blockchain to create farm-to-cup traceability, connecting smallholders directly with premium consumers and ensuring fair value.

Market Expansion: Driving innovation in tea products and marketing to attract younger consumers and enter non-traditional markets.

Standard Harmonization: Establishing common regional quality and sustainability standards to protect the “Asian Tea” brand and push for stable, fair pricing.

Linking the alliance’s goals to national ambition, Udugampola highlighted Sri Lanka’s target of producing 400 million kilograms of tea by 2030. He presented the country’s “Pivithuru Tea Initiative” as a model for other ATA nations, designed to achieve this through smallholder empowerment, digitalization, and aligned policy objectives.

By Sanath Nanayakkare

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Brandix recognised as Green Brand of Year at SLIM Awards 2025

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Brandix has championed best practices in the sphere of sustainable manufacturing over the years

Brandix Apparel Solutions was recognised as the Green Brand of the Year at the Sri Lanka Institute of Marketing (SLIM) Brand Excellence Awards 2025, taking home Silver, the highest award presented in the category this year.

The ‘Green Brand of the Year’ recognises the brand that drives measurable environmental impact through sustainable practices, climate-aligned goals and long-term commitment to protecting natural resources.

A pioneer in responsible apparel manufacturing for over two decades, Brandix has championed best practices in the sphere of sustainable manufacturing covering environmental, social, and governance aspects. The company built the world’s first Net Zero Carbon-certified apparel manufacturing facility (across Scope 1 and Scope 2) and meets over 60% of its energy requirement in Sri Lanka via renewable sources.

Head of ESG at Brandix, Nirmal Perera, said: “Being recognised as Green Brand of the Year is an encouraging milestone for our teams working across sustainability.”

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