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Northern fishermen switch to China-backed sea cucumber boom

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ECONOMYNEXT – Over 600 fishermen in Sri Lanka’s former northern war zone have switched to sea cucumber farming, a booming trade, in the coastal belt of Jaffna and Kilinochchi where a Chinese firm started a hatchery five years ago.

China’s joint venture Gui Lan hatchery in Jaffna’s coastal village of Ariyalai was started when many northern fishermen were finding it harder to catch large fish which is blamed on outlawed bottom trawling employed by Indian vessels.

The fishermen were given one-month-old small sea cucumbers from the hatchery, which were grown in their usual fishing spots in the sea.

N Dhivakaran, president of Jaffna District Sea Cucumber Association, told EconomyNext that over 600 fishermen have now started sea cucumber farming after they saw the potential for a steady income in the new venture.

“There are investors for sea cucumber farming. Now the fisheries ministry also promotes sea cucumber farming through incentives,” said Dhivakaran.

Dhivakaran maintains a 10-acre farm near the Gui Lan hatchery in Ariyalai. He now sells between 2,000 and 3,000 sea cucumbers a month, earning between 60,000 and 90,000 rupees in revenue.

“We sell a sea cucumber once it reaches 300 grams in weight,” he said. “I started the farm with 40,000 small sea cucumbers and now the hatchery’s production is not enough. So I try to get additional sea cucumbers from other sea areas.”

A 300 gram sea cucumber is sold for around 400 rupees to local agents who export them to countries like Singapore and Hong Kong.

“We do not have the proper certification process to export them directly to China. Our sea cucumbers go through that certification process in Singapore and Hong Kong before they are exported to China. So we are losing some foreign exchange because we do not have the certification process.”

China had been long awaiting an entry into Sri Lanka’s former northern war zone to strengthen its foothold in Sri Lanka, analysts and government officials have said.

Gui Lan Hatchery was its first project in the North, a project that’s being touted as assistance to revive the livelihoods of northern fishermen. Some legislators in the North, however, have raised concern over growing Chinese presence in the former war zones where India has historically had held more sway given in strong cultural and religious ties.

But fishermen now appreciate the Chinese move mainly because of a lingering Indian bottom trawling issue that has hit their livelihoods hard.

“We have provided over 170,000 small sea cucumbers to fishermen in both Jaffna and Kilinochchi district,” Sri Ganeshan, the officer in charge at the Gui Lan hatchery told EconomyNext.

“There is a huge demand now and many people are waiting to register companies and start sea cucumber farming. The Chinese have been educating us on the technology to produce sea cucumbers and it has been helping a lot of people now.”

Sea cucumbers are considered a delicacy in the Far East, with a majority of consumers in markets like China, Hong Kong, Taiwan, Singapore, Korea, Japan and Malaysia. In China, high quality specimens can occasionally fetch over 3,000 US dollars per kilogram after being cooked.

Demand for sea cucumber in the international market is growing even though it is only now being popularized among the Sri Lankan community. The price of one kilogram of sea cucumber in the international market garners a value of Rs 20,000 to 30,000.

Gui Lan is the first hatchery in Sri Lanka to mass-produce high value sandfish sea cucumber for commercial farming. Most sandfish sea cucumbers are depleting due to overexploitation, and hatchery bred juveniles are given to farmers to grow in their respective farms.

These factors have boosted the drive to grow more sea cucumbers and people like Dhivakaran want to expand their farming because of the return.

“I am going to start breeding sea cucumbers separately from next month,” he said.



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Sri Lanka Customs exceeds revenue targets to enters 2026 with a surplus of Rs. 300 billion – Director General

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The year 2025 has been recorded as the highest revenue-earning year in the history of Sri Lanka Customs, stated Director General of Sri Lanka Customs, Mr. S.P. Arukgoda, noting that the Department had surpassed its expected revenue target of Rs. 2,115 billion, enabling it to enter 2026 with an additional surplus of approximately Rs. 300 billion.

The Director General made these remarks at a discussion held on Tuesday  (30)  morning at the Sri Lanka Customs Auditorium, chaired by President Anura Kumara Dissanayake.

The President visited the Sri Lanka Customs Department this to review the performance achieved in 2025 and to scrutinize the new plans proposed for 2026. During the visit, the President engaged in extensive discussions with the Director General, Directors and senior officials of the Department.

Commending the vital role played by Sri Lanka Customs in generating much-needed state revenue and contributing to economic and social stability, the President expressed his appreciation to the entire Customs employees for their commitment and service.

Emphasizing that Sri Lanka Customs is one of the country’s key revenue-generating institutions, the President highlighted the importance of maintaining operations in an efficient, transparent and accountable manner. The President also called upon all officers to work collectively, with renewed plans and strategies, to lead the country towards economic success in 2026.

The President further stressed that the economic collapse in 2022 was largely due to the government’s inability at the time to generate sufficient rupee revenue and secure adequate foreign exchange. He pointed out that the government has successfully restored economic stability by achieving revenue targets, a capability that has also been vital in addressing recent disaster situations.

A comprehensive discussion was also held on the overall performance and progress of Sri Lanka Customs in 2025, as well as the new strategic plans for 2026, with several new ideas and proposals being presented.

Sri Lanka Customs currently operates under four main pillars, revenue collection, trade facilitation, social protection and institutional development. The President inquired into the progress achieved under each of these areas.

It was revealed that the Internal Affairs Unit, established to prevent corruption and promote an ethical institutional culture, is functioning effectively.

The President also sought updates on measures taken to address long-standing allegations related to congestion, delays and corruption in Customs operations, as well as on plans to modernize cargo inspection systems.

The discussion further covered Sri Lanka Customs’ digitalization programme planned for 2026, along with issues related to recruitment, promotions, training and salaries and allowances of the staff.

Highlighting the strategic importance of airports in preventing attempts to create instability within the country, the President underscored the necessity for Sri Lanka Customs to operate with a comprehensive awareness of its duty to uphold the stability of the State, while also being ready to face upcoming challenges.

The discussion was attended by Minister of Labour and Deputy Minister of Finance and Planning, Dr. Anil Jayanta Fernando, Deputy Minister of Economic Development, Nishantha Jayaweera, Secretary to the President, Dr. Nandika Sanath Kumanayake, Deputy Secretary to the Treasury, A.N.Hapugala, Director General of Sri Lanka Customs,  S.P.Arukgoda, members of the Board of Directors and senior officials of the Department.

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Construction industry offers blueprint for Sri Lanka’s recovery

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Eng Nissanka N Wijeratne

The dawn of 2026 represents a time for critical recalibration, not just ceremony, for the nation’s vital construction sector, says Eng Nissanka N Wijeratne, Secretary General/CEO of the Chamber of Construction Industry (CCI).

In a New Year message, Wijeratne reframes the annual greeting as a strategic call to action. “For Sri Lanka’s construction industry – the true backbone of our economy – the turning of the calendar is an ideal moment for a realistic and forward-looking assessment,” he states.

His vision sketches a practical blueprint where the unprecedented challenges of the recent past become the foundation for a smarter, more sustainable future.

The industry, long considered a barometer of national prosperity, has weathered severe headwinds: economic volatility and spiraling material costs. “These were not mere business cycles, but unprecedented tests,” Wijeratne notes, acknowledging the severe strain on firms and professionals. Yet, the sector’s response, he observes, has been “nothing short of remarkable,” showcasing a deeply ingrained resilience.

The Chamber’s chosen theme for the year, “Resilience through Innovation,” signals a pivotal shift from enduring hardship to actively engineering progress.

The pathway forward, Wijeratne outlines, is built on three interdependent pillars.

First is the revitalization of Infrastructure. “This is not a simple call for new projects,” he clarifies, “but a strategic push to reactivate stalled ventures and initiate sustainable developments in concert with the government and international agencies.” He emphasises that construction activity is intrinsically linked to the broader economy’s pulse, where resuming projects catalyses employment, energises supply chains, and restores public confidence.

The second pillar, technological Integration, addresses the urgent need to modernise the sector’s core. Advocacy for Building Information Modeling (BIM), green building practices, and digital project management is a direct answer to past inefficiencies. “It is a commitment to ensuring Sri Lankan construction is not just rebuilt, but upgraded becoming more competitive, cost-effective, and environmentally responsible,” Wijeratne says. ” Innovation must move from slogan to practice, transforming how the nation conceives, builds, and maintains its infrastructure,” he notes.

The third pillar, consistent policy advocacy, underpins all efforts. The Chamber positions itself as a vital intermediary, fighting for fair pricing mechanisms, streamlined regulations, and a protective framework for local contractors. Wijeratne stresses that the best-laid plans of engineers can falter without a conducive policy environment, calling for a strengthened partnership with the state to create a level playing field where skill and enterprise determine success.

Ultimately, Wijeratne’s message is a powerful reminder of the industry’s profound legacy. “When we build, the nation grows,” he states, elevating construction from a commercial activity to a national mission. The structures that rise from the ground are more than concrete and steel; they are the schools, hospitals, roads, and homes that shape the nation’s future.

As Sri Lanka steps into 2026, the construction industry’s message is clear: it is ready to transform resilience from a trait of survival into a dynamic force for innovation.

The past challenges, according to Wijeratne, have been met with grit. Now, the future must be built with vision.

By Sanath Nanayakkare

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Expo Commodities and STAY Naturals honoured at the Presidential Export Awards 2024/25

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Expo Commodities (Pvt) Ltd, together with its member company STAY Naturals (Pvt) Ltd, has been recognized with Merit Awards at the Sri Lanka Export Development Board (EDB) Presidential Export Awards 2024/25, one of the country’s most prestigious platforms celebrating export excellence.

The awards were presented under the categories of Spices and Allied Products and Essential Oils, Oleoresins & Condiments, recognizing the companies’ consistent performance, product quality, and contribution to strengthening Sri Lanka’s presence in global markets.

The recognition reflects Expo Commodities’ continued focus on delivering high-quality, value-added Sri Lankan products while upholding international standards across innovation, sustainability, and responsible sourcing. Through STAY Naturals, the group has expanded its reach in key export markets, promoting Sri Lanka’s essential oils, oleoresins, and condiments derived from its rich agricultural heritage to customers worldwide.

The achievement also reflects the collective effort, technical expertise, and commitment of the teams behind the operations, alongside the continued trust of global partners and customers. Expo Commodities (Pvt) Ltd, part of Expo Commodities Global, is strategically focused on driving sustainable export growth and strengthening Sri Lanka’s global positioning as a reliable supplier of high-quality natural products.

Expo Commodities Global is a globally active Agri-commodity enterprise with operations spanning multiple origins including Sri Lanka, Vietnam, Indonesia, Madagascar, Comoros, Egypt, the UAE, India, Germany, and the Netherlands. The company specializes in the production, processing, and export of premium organic and conventional spices, coconut products, essential oils, oleoresins, and value-added agricultural products, delivering consistent quality through integrated and sustainable operations.

Expo Commodities Global and STAY Naturals (Pvt) Ltd are part of Aberdeen Holdings, a diversified Sri Lankan conglomerate with interests across pharmaceuticals, packaging, commodities, transport and logistics, power generation, and digital innovation, supporting long-term growth through strong governance, sustainability, and global market engagement.

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