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Jetwing Sea celebrates its Golden Jubilee

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Jetwing Sea in Negombo, which began life as the Seashells Hotel in 1972, celebrated its golden jubilee recently. The event was participated by the Minister for Tourism and Lands Harin Fernando, Dr. Binod Chaudhary, Chairman of the Chaudhary Group Nepal and CG Corporation Global and co-owner of Jetwing Sea, and was attended by stalwarts of the hospitality and tourism industry, airlines, and state sector organizations.

Seashells Hotel marked the first foray into the hospitality sector for Herbert Cooray, the founding chairman of Jetwing Hotels. Working as a building contractor at the time, Herbert was commissioned to build the hotel for G.E.B. Milhuissen in a bid to increase the room inventory of Negombo, whose popularity was rising in Europe. The endeavor was proposed by Göran Olsson of Vingresor, a Swedish travel agent whose recommendations led to Herbert concurrently starting work on the Blue Oceanic Beach Hotel, which would later become Jetwing Blue. Seashells Hotel opened its doors in 1972 with 40 rooms.

“Back then, the hotel only operated between November to April, the European winter,” recalled Hiran Cooray, Chairman of Jetwing Symphony PLC, and the son of Herbert. “Within a few years of Seashells Hotel’s opening, Negombo and Sri Lanka as a whole became known as a year-round destination and tourism started off in earnest.”

In 1978, with Milhuissen contemplating retirement, the property was bought by Herbert Cooray and his life-long friends George Ondaatjie, Lucian Perera, and Gamini Divitotawela and joined Blue Oceanic Beach Hotel as the humble beginnings of Jetwing’s portfolio. Further development in 1988 added 28 rooms to the resort, bringing the total to 68. The stake held by Ondaatjie, Perera, and Divitotawela was purchased by Hayleys and, in 2009, purchased by Dr. Binod Chaundhary, who saw the promise that Sri Lanka held for tourism.

“We entered into a partnership with Jetwing at a very tough time for the country,” said Dr. Chaudhary. “But Hiran and I shared a vision for Sri Lanka and its tourism, and I had no hesitation in investing in Jetwing Sea. Over the years, the hotel has brought economic development and job opportunities to Negombo as well as bolstering tourism in the region and I am looking forward to many more successful years with Jetwing Sea.”

Harin Fernando speaking at the event reiterated the views of Dr. Binod, stating that Sri Lanka has always been tested but continues to be resilient and work its way through challenges. He said he was confident that tourism would return to normalcy and thanked Jetwing Hotels for working tirelessly to put the country back on the map.

Seashells Hotel underwent a complete rebranding in 2011, becoming Jetwing Sea with the original 40 rooms making way for a new deluxe wing and a second pool being added to the resort. Currently, Jetwing Sea features 83 rooms, comprising 2 suites, 53 deluxe rooms, and 28 superior rooms, the panoramic Sky Spa on the rooftop, a fully equipped gymnasium, a spacious seafront restaurant “Cafe C” as well as “Lellama”, a specialty seafood restaurant.

Family owned and in the tourism industry for nearly 50 years, Jetwing Hotels has surpassed expectation in every aspect. Building on their foundation of being passionate, as well as the experience of true, traditional Sri Lankan hospitality, constantly pioneering discoveries captures the essence of the brand. The strong direction has enabled Jetwing Hotels to imagine, create and manage marvels and masterpieces, where distinctive design and elegant comfort complement each other and the environment. In line with the Jetwing Hotels Sustainable Strategy, across all properties sustainable and responsible practices are given precedence with resource efficiency, community upliftment and education, and awareness being some of its key focus areas.

 



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ADB supports Sri Lanka inter-university Make-A-Thon

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This interdisciplinary collaborative event fostered innovation to develop practical solutions to real-world disability challenges through participatory processes

The Asian Development Bank (ADB) and the University of Kelaniya organized the Sri Lanka Inter-University Make-A-Thon for Assistive Medical Technology from 22–24 February 2025 to come up with new solutions for affordable assistive medical technology devices.

This Make-A-Thon is supported by the Ministry of Education, the University of Colombo, the Open University of Sri Lanka, Thrimana 3D Printers, ATG Glove Solutions, Avon Pharmo Chem, Leeban Interiors, and FabLab Shinagawa, Japan. “I am thrilled to witness the creativity, empathy and passion of Sri Lankan youth making a social impact by providing customized but potentially scalable interdisciplinary solutions within this limited time,” said ADB Country Director for Sri Lanka Takafumi Kadono. “I hope that this Make-A-Thon event will bring a lasting impact for mainstreaming affordable assistive health technology service delivery to the doorstep of people with disability in Sri Lanka.” The event brought together over 150 participants, including people with disabilities as need knowers, university students and faculty members whose majors are engineering, technology, medical, designing occupational therapy, speech and language therapy from 9 universities, and digital fabrication experts to co-create human-centered assistive devices.

The event was held at the new platinum-rated green building facilities at the Faculty of Computing and Technology, University of Kelaniya, developed under the ADB-funded Science and Technology Human Resource Development Project. The event showcased Sri Lankan university students’ creativity producing affordable assistive medical technology solutions— costing less than $1 per device, thereby reducing reliance on imports. Senior Professor Nilanthi De Silva, the Vice Chancellor of the University of Kelaniya said “More than just a competition, the Make-A-Thon could combat the stigma attached to the people with disability.

This interdisciplinary collaborative event fostered innovation to develop practical solutions to real-world disability challenges through participatory processes.” Thirteen groups successfully developed 3D-printed assistive device prototypes for people with disability based on the interdisciplinary support from the University of Kelaniya led by the Faculty of Computing and Technology as well as the Department of Disability Studies of the Faculty of Medicine. The Japanese digital fabrication experts, funded by the Japan Fund for Prosperous and Resilient Asia and the Pacific grant, provided guidance for this event.

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Former CB Governor highlights urgency of structural reforms

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CEPA panel discussion

‘Sri Lankans have shown remarkable resilience, but further austerity is untenable’

By Sanath Nanayakkare

Sri Lanka must sustain annual economic growth exceeding 5% to achieve debt sustainability and resume full debt repayments by 2028, ensuring the financing of essential imports and safeguarding social and political stability, asserted Dr. Indrajit Coomaraswamy, former Central Bank Governor. He said so while speaking at the Centre for Poverty Analysis (CEPA) symposium, ‘Crisis-Driven Poverty’, held on February 27, 2025, at the Colombo Hilton.

Highlighting the urgency of structural reforms, Dr. Coomaraswamy, the keynote speaker of the event stressed, “Steady growth beyond 2028 is critical for poverty reduction and inclusive development. Without reforms, debt sustainability could unravel, risking another restructuring that would test public patience and destabilize society.

Dr. Indrajit Coomaraswamy

Reflecting on stalled progress, he noted, “Reforms in factor markets, state-owned enterprises, trade policy, and skills development were proposed 45 years ago. Yet, political incentives and powerful vested interests, businesses, unions, or others—have persistently obstructed change.” He expressed cautious optimism about the current government’s pragmatism under President Anura Kumara Dissanayake, praising its adherence to a robust macroeconomic framework post-election—a rare commitment in Sri Lanka’s history, while mentioning the role of Former President Ranil Wickremesinghe in introducing and pursuing it.

The symposium featured findings from CEPA’s 2023 survey of 5,000 households, partially funded by the Asian Development Bank (ADB). The study expanded with independent financing to include an additional 2,500 households, analyzed poverty through both expenditure-based metrics and the Multidimensional Poverty Index (MPI). It assessed the socioeconomic impact of Sri Lanka’s crises and the efficacy of social protection programs.

The event brought together government officials, donors, civil society groups, and academics to strategize on poverty alleviation. Dr. Coomaraswamy warned, “Delayed reforms risk entrenching poverty and compounding debt challenges. Sri Lankans have shown remarkable resilience, but further austerity is untenable.”

His remarks underscored the delicate balance between economic discipline and social equity, urging swift action to secure long-term stability.

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Nestlé Lanka inaugurates new Rs.1.1bn biomass boiler at Kurunegala Factory

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Switching on bio-mass boiler: From left to right) Ruwan Welikala, Director – Corporate Affairs & Communications, Nestlé Lanka, Dr. Siri Walt, Ambassador of Switzerland to Sri Lanka and the Maldives, Sunil Handunneththi, Minister of Industry and Entrepreneurship Development, Bernie Stefan, Managing Director – Nestlé Lanka, Prof. Tilak Hewawasam, Chairman – Central Environmental Authority, Vish Govindasamy, Past Chairman of the Ceylon Chamber of Commerce and Chair of the Chamber’s Clean Sri Lanka Initiatives, Samantha Ganethige, Director – Technical, Nestlé Lanka

Continuing its journey of doing good for Sri Lanka, Nestlé Lanka invested in a biomass boiler project at its state-of-the-art factory in Kurunegala. The biomass boiler is a key initiative in the ‘Good Food Good Life’ company’s journey towards reaching net zero carbon emissions across the value chain by 2050.

Nestlé strongly believes in conducting its operations sustainably in a manner which positively impacts not only people, but also the planet. This LKR 1.1 billion investment will facilitate the transition from the use of furnace oil to biomass for generating steam in its manufacturing operations. This transition will lead to a 90% reduction in carbon emissions generated from current steam boilers.

Sunil Handunneththi inaugurated the new biomass boiler at the Kurunegala Factory on the 27th of February 2025. The inauguration ceremony also witnessed the participation of H.E. Dr. Siri Walt, Ambassador of Switzerland to Sri Lanka and the Maldives, Professor Tilak Hewawasam, Chairman – Central Environmental Authority, and Mr. Vish Govindasamy, Past Chairman of the Ceylon Chamber of Commerce and Chair of the Chamber’s Clean Sri Lanka Initiatives.

Sharing her thoughts, Dr. Siri Walt stated “Nestlé has a longstanding presence in Sri Lanka of almost 120 years producing household names like MAGGI, MILO and NESTOMALT. But Nestlé is also a sustainability champion with its aim to reach net zero carbon emissions by 2050. The groundbreaking investment into this biomass boiler is a testimony to this. I am delighted to see Nestlé’s investment into innovation and sustainability, a priority for Switzerland and Sri Lanka.”

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