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‘Primacy given in SL to primary production rendering the achievement of food security difficult’

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Professor Buddhi Marambe

By Ifham Nizam

Sustainable food security is not an easy target to achieve in a country like Sri Lanka, where primary production has been given the priority, Professor Buddhi Marambe of the Department of Crop Science, Faculty of Agriculture, University of Peradeniya said.

Speaking to The Island Financial Review Marambe stressed that concerted efforts are required to achieve this target. Food security cannot be achieved entirely from national agricultural production.

Marambe added: ‘A country cannot be self-sufficient in all types of food to fulfill the needs of the people encircling all components of food security. Thus, food imports also play an important role in filling the demand and supply gap.

‘At this moment, Sri Lanka’s need is a national policy covering all aspects of agriculture, not only to overcome the current food and economic crisis that it experiences, but also to ensure that the whole nation will not fall a prey again to such man-made or natural disasters.

“What we require is a futuristic national policy that is evidence-based, to enhance confidence in all food-system actors and remove the uncertainties created in their minds due to faulty assurances given in the past by politicians and state agencies and help build dignity in a person as a player who contributes to national development. We need not think of doing wonders, but simply move away from extremist ideas, and face the reality, be pragmatic.

“Sri Lanka is famous in making national policies and action plans. However, their implementation is always a question due to lack of proper institutional coordination, monitoring, evaluation and reporting systems. People, including politicians, have rarely been made responsible and accountable for what they say, what decisions they make and impose.

“Hence, a future policy, especially in agriculture, should seriously consider the governance aspects in implementation. There should be a shared vision, responsibility and accountability of all individuals and institutions or entities on who is doing what, what is being done, and what is planned to be done, according to the national policy to support the progress of Sri Lanka’s economy.

“Sri Lanka went through a process to develop an Overarching Agriculture Policy (OAP), and the document was almost finalized in 2020. Food crops, perennial crops, plantation crops, livestock and poultry, fisheries, irrigation, agrarian development, and environment were the areas covered by the OAP, developed through a comprehensive stakeholder consultation process, considering the views from all actors in a food system.

“The consultations for the OAP started at the nine provinces, obtaining views from the ground-level staff, farming community, and then the national level stakeholders and the Department of National Planning (DNP) of the Ministry of Finance provided the required leadership.

“To the best of my knowledge, this is the first time that the DNP was fully involved from the initial stages of developing such a policy due to its cross-cutting nature. This is a timely and appropriate effort given the diverse nature of the broad subsectors covered in agriculture.

“A clear balance and inter-connectivity of subsectors are to be maintained for overall sustainability. The European Commission (EU) provided the required assistance. The OAP seems not moving forward, but it is the high time to bring it to the limelight to provide required guidance to develop the agricultural economy of Sri Lanka.

“We should improve agricultural productivity and production with a view to maximizing the contribution of agriculture to the country’s food security. The productivity achievement should accompany realistic goals. The cry from different sectors of society is for varieties and technologies when a crisis is imminent. We cannot come up with new varieties or breeds overnight. Even for a human child to be born there should be 9-10 months of gestation. A new crop variety in rice would take 6-8 years to be recommended and be released.

“A new cultivar of a crop like tea took about 25 years though now with technological advances, our scientists are able to shorten this gestation period to 18 years. Let us understand this reality. Genetic barriers are not easy to tackle. We need patience, but, proactive forward thinking would make the dream of sustainable food security a reality. Further, we do have a good crop cultivation plan, but should also focus on a post-harvest management plan done simultaneously before crying foul about post-harvest losses, especially during a glut of agricultural produce in the market. These are not based on rocket science or advanced philosophical thinking, but aspects that have been brought to the notice of policy makers on several occasions. Unfortunately, such propositions were not considered favourably.

“As a nation, we need to take our famers out of the cell by continually identifying them as ‘poor farmers’. We should make society understand that the ‘poor doing farming’ and the ‘farmer becoming poor’ are two different aspects. It is the latter that we need to address promptly. Indeed, poverty issues in the country should be addressed. However, agriculture is not the panacea to resolve all the problems of the poor, or the country as a whole. Entrepreneurial farming is the key to the future and needs to be promoted through careful articulation.

“The following seven aspects are priorities in a national policy leading to agriculture development and food security in the foreseeable future, considering crops (food and feed, perennial and plantation crops), animals (livestock, poultry and fisheries) and allied sectors:

“(1) Productivity enhancement of agriculture ecosystems through adoption of Good Agricultural Practices (GAP) and Good Animal Husbandry Practices (GAHP) to be demand-driven, while tackling food nutrition and safety and environment-related issues in production and product-processing.

(2) Development and adoption of climate-resilient crop varieties and animal breeds be supported while ensuring timely availability of inputs (e.g. seeds and planting material, fertilizer, pesticides, irrigation water, machinery for crops, feed and drinking water for animals).

(3) Efficient production technologies (e.g. protected agriculture, micro-irrigation, crop-animal integration, etc.) and value addition (e.g. GAP-certified products, and mechanized production and product-processing systems) be promoted with a special focus on youth and gender considerations.

(4) Efficiency of actors in the urban-rural connectivity in the food system be enhanced to reduce “food miles” (distance of food transport from producer to consumer), losses and prices through improved packaging and storage, and an efficient transportation system.

(5) A market-driven agriculture economy be supported through public-private-producer partnerships (PPPP) with targeted-subsidies, continued well-focused capacity building programmes and centrally-governed extension services.

(6) Dignity of the farming community and all other players in the food system be assured through mechanisms such as pension schemes, credit facilities with less hassle, supporting establishment of farmer companies, etc., where relevant.

(7) All actors in a food system, especially the politicians, officials of the state, private and non-governmental sector including academia and researchers/scientists, be made accountable and responsible for the decisions made and advocacies given in relation to agriculture.”



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HNB Assurance Recognized with Merit Award at the Great HR Awards 2025

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Team HNBA at the Great HR Awards

HNB Assurance PLC was recognized at the Great HR Awards 2025, receiving the Merit Award in the Finance, Insurance, Real Estate, and Investment sector. This recognition reflects the company’s continued commitment to strengthening its people strategy, nurturing a progressive culture, leveraging technology and maintaining strong industrial relations.

Sharing his thoughts on this accomplishment, Lasitha Wimalarathne, Executive Director / Chief Executive Officer of HNB Assurance PLC, stated, “This recognition reiterates our belief that people are the true drivers of our success. Over the years, we have invested significantly in building an environment where our teams feel inspired and supported to deliver their best. As we continue to grow as one of Sri Lanka’s best insurance companies, this award reflects our ongoing efforts to build a workplace where both our people and our business can thrive. My sincere thanks go out to our HR team for continuously driving these initiatives.”

Commenting on the award, Navin Rupasinghe, Head of HR / DGM at HNB Assurance PLC, said, “Our people-first philosophy shapes every HR initiative we design, from strengthening learning pathways and leadership development to enhancing employee well-being and engagement. This recognition validates our ongoing efforts to build a workplace culture grounded in trust, inclusivity and performance. As we look ahead, we remain committed to evolving our HR practices to meet the expectations of our people and the future of work. My sincere thanks to the CIPM for this recignition.”

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MullenLowe Sri Lanka named Creative Agency of the Year in South Asia

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MullenLowe Sri Lanka has been awarded Gold as the Rest of South Asia’s Creative Agency of the Year at the Campaign Agency of the Year Awards 2025, held recently at Mumbai’s ITC Maratha Hotel. The accolade marks a landmark year for the agency, driven by breakthrough ideas, ambitious brands, and a surge in economic activity.

Campaign Agency of the Year – South Asia 2025 (Rest of South Asia – Creative Agency) awarded to MullenLowe Sri Lanka

Guided by a clear creative vision and extensive category expertise across 111 brands in 33 sectors, MullenLowe strengthened its position through strategic leadership appointments, talent acquisition, and the integration of AI-enabled tools. These initiatives created an environment where creativity, learning, and commercial impact worked in tandem, supporting long-standing client relationships and consistent new business momentum.

Thayalan Bartlett, Executive Chairman, said, “Our growth is rooted in a people-first, creative-centred culture. By attracting top talent and focusing on continuous upskilling, we have enriched both our creative and strategic capabilities.”

The agency’s innovation was further enhanced by Fever, its AI-enabled production studio, and LoweGo, a subscription-based design unit, enabling faster and more scalable solutions for modern marketers. Training programs, including an international AI workshop in Baku for top creative minds, helped unify teams around technology-driven creativity, leading to MullenLowe’s highest Effie points haul in a decade.

Harendra Uyanage, Senior Vice President and Executive Creative Director, added, “This recognition celebrates a team that constantly stretches its creative boundaries, transforming every brief into opportunity.”

The win adds to a series of recent accolades, including Most Effective Agency of the Year at the 2024 Effie Awards, and multiple awards at Dragons of Sri Lanka and SLIM Digis 2025, cementing MullenLowe’s vision to become Sri Lanka’s most commercially impactful creative company by 2030.

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ComBank named Sri Lanka’s Best Trade Finance Bank at Euromoney Awards 2025

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Com Bank honoured for outstanding support to Sri Lanka’s trade sector

The Commercial Bank of Ceylon PLC was named Sri Lanka’s Best Trade Finance Bank at the prestigious Euromoney Transaction Banking Awards 2025, in recognition of the Bank’s strong performance and continued contribution to supporting Sri Lanka’s export and import sectors.

This global recognition from Euromoney, a leading authority in financial markets, celebrates institutions that demonstrate innovation, leadership, and measurable impact in transaction banking across cash management, payments, trade finance, and technology. Commercial Bank is Sri Lanka’s clear market leader in trade finance, commanding a 21% share in exports and a 14.26% share in imports, demonstrating its strong presence across both segments.

In 2024, the Bank supported over US$ 5 billion in trade transactions, underscoring its unmatched role in enabling the flow of goods, services, and foreign exchange. Its leadership has also been recognised regionally by the Asian Development Bank (ADB), which named Commercial Bank its Leading Partner Bank in Sri Lanka for the fourth consecutive year under the Trade and Supply Chain Finance Programme.

At the forefront of Commercial Bank’s recent innovations is ComBank TradeLink, Sri Lanka’s first fully integrated, end-to-end digital trade finance platform. The system brings all trade finance operations – from Letters of Credit to export collections and shipping guarantees – into one secure online interface, providing customers real-time visibility, faster processing, and paperless convenience. This digitalisation drive has redefined the client experience, reduced manual processes and improved turnaround times across thousands of transactions.

The Bank’s commitment to advancing Sri Lanka’s trade sector extends beyond technology. Through initiatives such as the ComBank Trade Club, which facilitates connections between buyers and suppliers both locally and internationally, and ComBank LEAP | GlobalLinker, a digital business networking platform for SMEs, the Bank is actively building bridges between Sri Lankan entrepreneurs and global markets. Its Diribala Exporter Development Programme further empowers micro, small, and medium enterprises to become export-ready, providing access to expert guidance, training, and financial support.

Reflecting on the award, Commercial Bank said the recognition from Euromoney was a tribute to the trust placed in the Bank by Sri Lanka’s exporters and importers, and to the dedication of its trade finance teams who continue to innovate and deliver excellence in a rapidly evolving global landscape.

As Sri Lanka’s largest private sector bank and the first to surpass US$ 1 billion in market capitalisation, Commercial Bank continues to lead in supporting national trade, driving digital transformation, and shaping a more inclusive and resilient export economy, the Bank said.

Commercial Bank was the first bank in the country to be listed among the Top 1000 Banks of the World, and has the highest Tier I capital base among all Sri Lankan banks. The Bank is the largest private sector lender in Sri Lanka and the largest lender to the country’s SME sector. Commercial Bank is also a leader in digital innovation and is Sri Lanka’s first 100% carbon-neutral bank.

Commercial Bank operates a network of strategically located branches and automated machines island-wide, and has the widest international footprint among Sri Lankan banks, with 20 branches in Bangladesh, a fully-fledged Tier I Bank with a majority stake in the Maldives, a microfinance company in Myanmar, and a representative office in the Dubai International Financial Centre (DIFC). The Bank’s fully owned subsidiaries, CBC Finance Ltd. and Commercial Insurance Brokers (Pvt) Limited, also deliver a range of financial services via their own branch networks.

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