Business
NCPC’s conference and awards ceremony is relevant to the environmental matter at hand
by Sanath Nanayakkare
National Cleaner Production Centre (NCPC) Sri Lanka will hold its 2nd ‘International Conference at a time a huge number of environmental events draw the world’s attention to saving the planet Earth,
Several international speakers from renowned international organisations in the field, will share their insights at the conference titled, ‘Resource Efficiency and Circular Economy’, which will be held at the Waters Edge on 19th January 2022,
The audience of the forum will mainly comprise key personalities of the Sri Lankan corporate sector where more than 100 senior public sector officials, senior and middle-level managers will also take part.
NCPC Awards 2021 will also be held back-to- back with the 2nd International Conference on Resource Efficiency and Circular Economy.
The event is recognised as the pioneer environmental awards programme in Sri Lanka which is reputed for its impartial and comprehensive evaluation process in selecting the winners under different awards categories.
The one-day international conference will have the thematic session in the morning where renowned scholar Dr Rene Van Berkel, Head of UNIDO operations in South Asian Region will make the keynote presentation.
Dr Malini Balakrishnan from The Energy and Resource Institute (TERI), India Rajas Badra from Stenum Asia and Dr.Carl Vadenbo, Project Manager from Ecoinvent, will be among other main presenters at the conference.
NCPC was founded by United Nations Industrial Development Organisation (UNIDO) in 2002, on the request of the government of Sri Lanka.
Gamini Gunasekera, Chairman of NCPC told the media that Exporters of Sri Lanka (NCE), as stakeholders will represent the entire industrial export sector at the international conference.
Dr. Anil Jasinghe said that the key strategy adopted by UNIDO and United Nations
Environmental Programme (UNEP) to promote resource efficiency and cleaner production to the developing world was setting up of the National Cleaner production Centres and continuously developing the capacity and technical knowhow of such centres to support national and local governments as well as industries and businesses.
The government of Sri Lanka, particularly the Ministry of Industries and the Ministry of Environment as the national focal points for UNIDO and UNEP respectively, worked collaboratively to set up one of the centres in Sri Lanka, among the 50 plus centres set up under the Global programme. In this context, this conference and awards ceremony will be highly relevant.”
NCPC also provides many technical services to companies to improve their environmental performance. Those services include cleaner production assessments, energy audits, water audits, chemicals and safety audits, carbon footprint, water footprint etc.
In addition to that, they support industries to develop financial appraisal reports for access of finance for environment-friendly investments.
National Cleaner Production Awards scheme is another tool that NCPC has initiated with the objective of promoting Cleaner Production practices in the country. The body is also working with advanced environmental management tools such as Life Cycle assessment which are new to Sri Lanka.
Under UNIDO-UNEP Global Cleaner Production programme, NCPCs all over the world promote Resource Efficiency and Cleaner Production for industries and businesses.
The upcoming event on 19th January 2022 is widely expected to create a positive impact on all stakeholders as they are highly likely to benefit from international knowledge and updates on Resource Efficiency and Circular Economy.
Notably, NCPC supports industries to develop financial appraisal reports, empowering them with potential access to finance for green investments.
Business
ADB pledges over $1 billion annually to Sri Lanka in post-cyclone recovery push
Asian Development Bank (ADB) President Masato Kanda met with Sri Lanka Prime Minister Harini Amarasuriya at ADB’s Manila headquarters recently. The meeting reaffirmed the strong development partnership between ADB and Sri Lanka, with both leaders underscoring their commitment to post-cyclone recovery, inclusive growth, and advancing women’s equality.
“Sri Lanka’s resilience in the face of crises has been remarkable,” said Kanda. “We are committed to helping Sri Lanka rebuild after Cyclone Ditwah, while also investing in the country’s future by empowering women entrepreneurs and strengthening education and essential skills.”
Looking ahead, ADB is ready to provide more than $1 billion annually to Sri Lanka from 2026 to 2029. This financing will target macroeconomic stability, private sector-led growth, education and skills development, and resilient infrastructure. Key initiatives include a major digital transformation program to help unlock Sri Lanka’s digital economy, alongside support for its accession to the Regional Comprehensive Economic Partnership to deepen its integration into regional trade and investment networks.
During their discussion, Kanda emphasized ADB’s response to the devastation caused by Cyclone Ditwah. Building on emergency financing already mobilized, ADB is fast-tracking an emergency assistance loan to restore damaged infrastructure and support affected livelihoods.
With Dr. Amarasuriya serving as the keynote speaker for ADB’s International Women’s Day event, the leaders highlighted women’s equality as a cornerstone of inclusive development. Kanda noted ADB’s long-standing work as an implementing partner of the Women Entrepreneurs Finance Initiative, which expands access to finance, business skills training, and policy reform for women-owned enterprises. This partnership has helped drive lasting change, with Sri Lanka becoming one of the first countries to adopt the Women Entrepreneurs Finance Code at the national level in March 2025.
Dr. Amarasuriya also engaged in dialogue facilitated by ADB to advance Sri Lanka’s skills agenda, including discussions on referencing skills and qualifications with the Association of Southeast Asian Nations and on mutual areas of interest with the Philippines related to technical and vocational education and training.
Business
New Board appointed to lead Unit Trust Association of Sri Lanka
The Unit Trust Association of Sri Lanka (UTASL) announced its new Board of Directors, appointing Jeevan Sukumaran of SENFIN Asset Management as President. The Board assumes leadership at a time of significant growth and resilience in Sri Lanka’s Unit Trust industry. Over the past five years, the number of unit holders has more than doubled, while assets under management have grown substantially, reflecting a clear shift in investor behaviour amid evolving economic conditions.
The 2026–2027 Board includes Vice President Kavin Karunamoorthy (First Capital Wealth Management), Secretary Asanka Herath (Lynear Wealth Management), Assistant Secretary Gayan De Silva (Capital Alliance), and Treasurer Wishan Perera (Softlogic Invest).
President Jeevan Sukumaran highlighted the importance of expanding the industry’s reach and increasing retail participation nationwide. “Whilst the Unit Trust industry has grown significantly in recent years, the next phase must focus on broadening retail investor participation across Sri Lanka’s different geographic/demographic sectors, with the key priority being strengthening investor education and awareness, particularly outside major urban centres. Improving financial literacy and expanding access to professionally managed investment solutions are essential to building long-term confidence and encouraging more Sri Lankans to invest in unit trusts.”
The new Board intends to build on the industry’s recent momentum by prioritising investor education, digital accessibility, and product innovation. Over the coming years, enhanced digital platforms are expected to make Unit Trust products more accessible, enabling investors across the country to participate in capital markets in a convenient and transparent manner.
Business
Indiya at Cinnamon Life enters a flavourful new chapter
Colombo’s vibrant dining landscape has received a fresh infusion of flavour with the renewed culinary direction of Indiya, the signature Indian restaurant perched high above the city at Cinnamon Life at City of Dreams. With celebrated Indian chef Mukesh Joshi now steering the kitchen, the restaurant is presenting a menu that celebrates the depth, diversity and soul of Indian cuisine while subtly weaving in Sri Lankan influences.
Located on the spectacular Level 23 of the sprawling Cinnamon Life complex, Indiya’s setting itself feels like a prelude to the culinary journey that unfolds at the table.
The restaurant’s sweeping views of Colombo’s skyline provide a dramatic backdrop to a menu designed to take diners across India’s many culinary regions — from the fragrant biryani traditions of Awadh to the bold spice profiles of coastal kitchens.
At the heart of this new chapter is Chef Mukesh Joshi, a culinary craftsman whose career spans some of India’s most renowned hospitality institutions as well as prominent dining establishments in the Middle East.
Having honed his skills at luxury hotels such as The Westin and St. Regis Mumbai before leading kitchens in Dubai’s thriving Indian dining scene, Joshi is known for his ability to balance traditional flavours with contemporary finesse.
At Indiya, his philosophy is simple yet compelling: celebrate the authenticity of Indian cooking while creating dishes that encourage sharing and conversation.
The experience begins with a vibrant array of small plates that capture the playful spirit of India’s street food traditions. The crisp Sev Papdi Chaat offers bursts of sweet, tangy and spicy notes, while a generous Pakora Platter brings together an assortment of golden-fried fritters that evoke the comforting flavours of roadside tea stalls across the subcontinent.
From there, the menu moves naturally into the world of the tandoor — the clay oven that lies at the heart of many Indian kitchens. Among the highlights is the Hariyali Tandoori Gobi, where cauliflower is marinated in a fragrant blend of herbs before being charred to smoky perfection. Equally intriguing is the Rajma Galouti, a vegetarian reinterpretation of the famed Lucknowi kebab, delivering a melt-in-the-mouth texture that surprises and delights.
Seafood lovers will find much to savour as well. Jhinga Koliwada, a coastal delicacy of spiced prawns fried to a crisp exterior, offers a lively contrast to the delicately seasoned Rawa Fried Surmai. These dishes reflect Chef Mukesh’s confident handling of spice and texture — two essential pillars of Indian cooking.
No Indian dining experience would be complete without the ritual of sharing freshly baked breads, and Indiya’s basket arrives warm and inviting. Chilli Cheese Naan brings a playful modern twist to a classic favourite, while flaky parathas and stuffed Aloo Kulcha provide comforting companions to the restaurant’s richly spiced curries.
By Ifham Nizam
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