Business

HJS Condiments expands out-grower network, connects smallholders to global supply chains

Published

5 years ago

2021/10/26

A farmer linked to the Hayleys Agriculture out-grower network showing off a fresh harvest of gherkins destined for international markets

Extends out-grower network to new districts to cater to the local market

Provides inputs, training on Agriculture Best Practices to 12,500 farmers across the island

Largest Sri Lankan exporter of processed fruits and vegetables to top global FMCG brands

Out-grower units USDA, EU Organic and Global GAP certified

HJS Condiments Limited, a subsidiary of Hayleys Agriculture Holdings Limited, extended its out-grower network to several new districts, including Badulla, Ampara, Vavuniya, Kilinochchi and Mullaitivu.

Hayleys Agriculture Holdings Limited is a fully owned subsidiary of the diversified conglomerate Hayleys PLC. The Company, has worked meticulously to improve the livelihoods of farming communities for over three decades, providing agricultural inputs, technical assistance, and extension services. The Group’s pioneering efforts have put Sri Lanka on the map as one of the largest suppliers to global brands such as McDonald’s, Unilever and Heinz and cemented Hayleys Agriculture’s position as the largest exporter of processed fruits and vegetables in the island.

“Smallholder farmers produce more than one-third of the world’s food, yet are some of the worst affected by poverty. However, we believe in the collaborative approach followed by the Hayleys Group; working directly with local farmers to establish a sustainable and mutually beneficial system in providing food security.

We started the out-grower network with just 1,000 farmers to cultivate gherkin, and with our support and guidance the number of farmers has grown to over 12,500, comprising different crops.

Thus far, the out-grower network has been established in Anuradhapura, Polonnaruwa, Puttalam, Matale, Badulla, Jaffna, Chilaw and Rathnapura for gherkins, jackfruit, banana, soursop, jalapeno pepper, pineapple, papaya, black pepper, chilli, turmeric and vegetables.

There is still low awareness today about the immense value added to global Agri supply chains by Sri Lankan farmers. Therefore, we want to raise awareness and celebrate our invaluable local farmers and their contributions. Our out-grower system will be a crucial driver in helping to build a robust and resilient farming culture catering to both global and local demands,” Hayleys Agriculture Holdings Managing Director Jayanthi Dharmasena said.

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Business

HNB Finance strengthens Board with four independent directors

Published

11 hours ago

2026/09/13

Thilina Walpola

Newly appointed HNB FINANCE PLC Independent Non- Executive Directors (from left): Renuke Wijayawardhane, Shanti Gnanapragasam, Nabiha Mohamed and Dr. Thisuri Wanniarachchi

HNB FINANCE PLC has strengthened its Board with the appointment of four Independent Non-Executive Directors, effective September 8, 2026.

The new directors are Renuke Wijayawardhane, Shanti Gnanapragasam, Nabiha Mohamed and Dr. Thisuri Wanniarachchi, who collectively bring extensive experience in financial regulation, banking, risk management, corporate finance, investment strategy, development finance and public policy.

Wijayawardhane, an Attorney-at-Law and capital market professional, retired in July 2025 as Chief Regulatory Officer of the Colombo Stock Exchange after more than 31 years with the Exchange. His experience covers securities regulation, corporate governance, market infrastructure and compliance.

Gnanapragasam has over four decades of banking experience spanning treasury, risk management, credit and trade finance. She currently serves as an Independent Non-Executive Director of Cargills Bank, Wealth Trust and Vision Fund Lanka.

Mohamed is a corporate finance and investment professional who previously served as Lead Transaction Advisor at the State-Owned Enterprise Restructuring Unit of the Ministry of Finance, where she led five divestiture transactions worth over US$600 million.

Dr. Wanniarachchi brings over a decade of experience in development finance, institutional reform and social protection, including work with the World Bank and the Government of Sri Lanka.

Business

Prime Residencies hands over The Palace Gampaha

Published

11 hours ago

2026/09/13

Thilina Walpola

Prime Group Chairman Premalal Brahmanage speaking at the event

Prime Lands Residencies PLC has completed and officially handed over The Palace Gampaha, described as the largest planned gated residential community in Gampaha, to its homeowners.

The development, which commenced construction in 2021, is located two kilometres from Gampaha town and 100 metres from the Colombo-Kandy main road.

Spread across 13.5 acres, The Palace Gampaha comprises 480 two- and three-bedroom apartments in a ground-plus-three-floor development, with prices starting from Rs. 27.5 million.

The project allocates about 80% of its land to landscaped areas and common facilities, while the remaining 20% is used for apartment development. Facilities include a swimming pool, gymnasium, clubhouse, library, community kitchen, laundry, mini-mart and a daycare centre managed by the Lyceum Group.

The fully gated community also incorporates solar power for common areas, underground electricity cabling and a sewage treatment plant with water recycling facilities.

Prime Residencies said all statutory approvals required for the handover had been secured, including certifications from the Condominium Management Authority and registration of the Condominium Plan and Deed of Declaration.

Prime Group Chairman Premalal Brahmanage said the project reflected the company’s vision of creating large-scale residential communities designed to enhance the quality of life of Sri Lankan families.

The project is the latest addition to Prime Group’s portfolio of more than 70 gated community and apartment developments.

Business

SLANA warns NVOCC business losing ground amid THC concerns

Published

11 hours ago

2026/09/13

Thilina Walpola

SLANA Chairperson Swabha Wickramasinghe presenting a memento to Minister of Ports and Civil Aviation Anura Karunathilaka at the eventually

Sri Lanka’s Non-Vessel Operating Common Carrier (NVOCC) sector is losing ground despite the expansion of the industry in several regional markets, Sri Lanka Association of NVOCC Agents (SLANA) Chairperson Swabha Wickramasinghe said.

Wickramasinghe, re-elected for a third consecutive term at SLANA’s ninth Annual General Meeting last week said the continued difficulty in collecting Colombo Terminal Handling Charges (THC) as a separate land-based cost was among the key challenges facing the industry.

She said the practice placed Sri Lanka at a competitive disadvantage as principals consider the overall economics of operating through Colombo.

“When Sri Lanka becomes less commercially attractive compared with other regional destinations, the consequences eventually reach our members,” she said.

Wickramasinghe said a committee had been proposed at a recent meeting with the Minister and Deputy Minister to evaluate the THC issue, urging the authorities to expedite its appointment and review.

She also called for an early solution to the problem of uncleared salt containers at the Port of Colombo, which has resulted in delays in releasing empty containers.

With more than 75 NVOCC lines operating in Sri Lanka, she stressed the sector’s importance to regional trade, particularly links with India and China.

Ports Minister Anura Karunathilaka said Sri Lanka should expand regional business while exploring areas such as bunkering, freight forwarding and e-commerce logistics.