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

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.”
Business
Central Bank Presents Annual Economic Review 2024 to President

The Central Bank of Sri Lanka today (07) presented its flagship publication, the Annual Economic Review for 2024 (AER 2024), to President and Minister of Finance, Anura Kumara Disanayake, highlighting the steady progress of Sri Lanka’s economic recovery following the country’s most severe downturn in recent history.
The report was officially handed over by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank, during a special ceremony held at the Presidential Secretariat.
AER 2024 comprises four main chapters: Macroeconomic Developments, Conditions of the Financial System, Review of Central Bank’s Policies and Macroeconomic Outlook.
According to the Review, the Sri Lankan economy showed significant signs of recovery in 2024, following the deep economic crisis experienced two years ago. The recovery trajectory, though challenging, has been notably faster than that of many other debt-distressed countries.
Improvements in economic activity, a partial resurgence in purchasing power and reduced uncertainty are among the key positive indicators noted in the report.
The event was attended by Dr. Nandika Sanath Kumanayake, Secretary to the President, K. M. Mahinda Siriwardena, Secretary to the Treasury, Mrs. K. M. A. N. Daulagala, Senior Deputy Governor, Dr. C. Amarasekara, Assistant Governor, Dr. (Mrs.) S. Jegajeevan, Director of Economic Research and Dr. L. R. C. Pathberiya and Additional Director of Economic Research at the Central Bank Dr. V. D. Wickramarachchi.
[PMD]
Business
IceWarp expands into Sri Lanka, fostering European innovation in collaboration with FentonsIT

IceWarp, a global leader in business communication solutions, has officially launched its cutting-edge platform in Sri Lanka, bringing European expertise in email and collaboration solutions to support the country’s evolving business landscape.
This expansion is driven by a strategic partnership with Fentons Information Technology (FIT), the Information Technology arm of Hayleys Fentons Limited.
The grand launch event held at The Kingsbury Colombo on 4th April, 2025, was graced by several distinguished guests, including Chief Guest Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC.
The presence of Adam Paclt, Global CEO of IceWarp, and Pramod Sharda, CEO for India and the Middle East of IceWarp, along with their global team, highlighted the significance of this expansion. Industry experts, government officials, corporate leaders, and CIOs from the banking, financial services and insurance sectors were in attendance as well, reflecting strong local interest in IceWarp’s European expertise.
With this launch, Sri Lankan businesses now have access to an affordable, scalable and secure alternative to Microsoft 365 and Google Workspace. IceWarp’s advanced Collaboration Suite integrates a wide range of tools into a single, unified platform designed to streamline communication and boost productivity. Offering flexible hybrid deployment options and cost-efficient solution, IceWarp enables organisations to optimise their operations without compromising security or functionality.
Business
Ceylon Energy and HJT China complete key power projects under SESRIP in Sri Lanka

Ceylon Energy and HJT China have successfully completed the Mahiyangana-Kappalthurei 33kV power distribution lines and the Uhana Gantry as part of Sri Lanka’s Supporting Electricity Supply Reliability Improvement Project (SESRIP). Funded by the Asian Development Bank ($42 million), SESRIP aims to expand energy access in underserved regions, including conflict-affected areas and provinces like Uva and North Central.
The project’s infrastructure spans over 270 km of 33kV lines, 13 switching gantries, and 2,372 km of low-voltage extensions.
The projects connect 35,000+ households and improve reliability for 493,000+ consumers; integrates renewables to reduce losses.
The projects’ notable components include: Mahiyangana-Bibila Line: 36 km with 147 steel towers and Kappalthurei-Sixth Mile Post Line: 14 km with 58 towers.
Ceylon Energy Chairman Madushanka Fernando hailed it as a ‘new beginning of a brighter era’, emphasising the project’s role in uplifting rural communities and driving sustainable development.
The initiative underscores Sri Lanka’s commitment to inclusive, reliable energy and climate resilience.
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