Business
Sri Lankan hair extension specialist benefits from export order surge
Says SL should be part of the billion-dollar industry
By Sanath Nanayakkare
One may often hear panelists at business forums waxing eloquent about domestic value additions to imported raw materials for re-export and earning valuable foreign exchange for the country.
But one would rarely hear about a self-made Sri Lankan woman entrepreneur who is slowly but steadily attracting global attention towards Sri Lanka — for transforming imported human hair supply into stylish hair solutions for women — who face loss of hair and suffer from low esteem.
The Island Financial Review recently had an interview with the presidential award-winning hair extension specialist, Dr. Kaveesha Bethmage who is the owner /CEO of Salon Kaveesha International (Pvt) Ltd in Dematagoda where 30-hair extension artisans are employed.
“No matter which country we are from and what our differences may be, we all have a strong view of hair. Hair is a subject that is very important to women and their self-esteem. We often see our hair as a reflection of our identity because it is both personal and public. The positive or negative view of hair can greatly affect a woman. Hair, its length, texture and colour, all affect how a person looks and how they will be perceived. Lack of hair is not only directly associated with the appearance of a woman, but it also can significantly contribute to a loss of confidence resulting in many other negative personal implications. This is especially important for women with medical conditions that result in receding hairline. Needless to say more, hair is one of the assets for women”, says Kaveesha.
“Salon Kaveesha’s hair extensions are a quick fix for length and volume. Our products make our clients feel more confident as they blend with their own hair. This is always custom work, and my team is well-trained to adapt the extensions to the client’s hair structure, texture, colour and style preferences”, she says.
Delving into the pig picture of the industry she says,” Only a very few people know that the hair extension industry is more or less like the jewellery industry because the raw materials of both industries are valuable and hard to find. However, there is a distinct difference between the two supplies. A woman with the right volume of hair can look stunning without any jewellery. But the other way round is never true. This is why the hair extension industry is a billion-dollar industry in the world.
Sri Lanka can claim a sizable market share in this industry as many foreigners wouldn’t mind travelling to Sri Lanka to get this service and enjoy a short stay here,” “We already have a lot of expats coming to get our products and services. Our newly launched website has paved the way for us to receive an increasing number of orders from the USA, Canada, UK, Italy, Germany, Australia, the Middle East etc. Our AI-driven online platform enables virtual hair extension try-on for potential clients. So, they can see themselves virtually with their preferred hair extensions and place their orders. Usually, the lead time for delivery of an export order is about two weeks, and the prices vary according to the type and style of the chosen extension,” Kaveesha says.
“We have a range of hair extensions for those who can visit Sri Lanka as well as who can’t physically be here, but love to use our products after virtually experiencing it. I am glad that we have seen an increase in the number of online orders since we started exporting in 2020, on a small scale during covid-19 pandemic. The salon was founded in 2003, and our hard work has paid off with our export footprint. I think it’s high time we expanded our business to make it more industrial and globally competitive, and be more visible to the global audiences,” she says.
Kaveesha’s local clientele comprises celebrities, professionals, businesspeople, academics, politicians among other clients.
“Now we want to sell our hair products to the entire world. With this objective in mind, I am planning to establish a new hair products factory including the salon near the Katunayake International Airport to provide easy access to my clients. Then they can have their desired hair extensions within minutes of leaving the arrivals terminal. I know from experience that is how fast they want this critical service.” she says.
According to her, the new eco-friendly facility will cost about Rs. 45 million and it will create at least 60 jobs for industry veterans and novices.
“Our vision is to take Salon Kaveesha to international prominence as a leading provider in the hair and beauty industry. I am confident that the banks I deal with, will support me in financing the new project given the establishment’s proven track record, and my industry experience of more than 20 years.” she says.
Kaveesha points out that one challenge for her business is getting the right equipment and accessories for her trade.
“Hair extensions, hair-to-hair transplants and making innovative hair products from finest human hair is a specialized trade. But we can hardly find the sophisticated tools in Sri Lanka for it. We have to go abroad from time to time to purchase them,” she says.
Buddini Jayanika, manager at Salon Kaveesha said that they have donated many hair wigs to women in marginalized groups who faced hair-loss due to medical conditions and couldn’t afford to buy one. She also mentioned that her CEO believes in giving back to society, and therefore, Salon Kaveesha supports several CSR activities.
The embellishment annually donates hair extensions to cancer patients and underprivileged individuals to boost their confidence and self-esteem. It also provides stationery to students of disabled army soldiers every year to support their education.
Kaveesha’s husband, Lasantha Bethmage is an investor cum director of the establishment.
Business
Climate compliance pressure mounts on Lankan businesses
Lankan businesses are facing increasing pressure to strengthen climate governance, compliance, and risk management frameworks as climate-related disclosure requirements, investor expectations, and regulatory standards continue to evolve.
Against this backdrop, Genesis – the Dilmah Centre for a Sustainable Future will host a specialised post-summit technical workshop titled “Climate Action: A Strategic Executive Workshop on Climate Resilience and Business Continuity” on June 12, in Colombo.
The programme is designed as a continuation of discussions initiated at the Sri Lanka Climate Summit 2026 and will bring together sustainability managers, compliance officers, ESG professionals, risk specialists, and corporate decision-makers. It aims to translate climate commitments into practical business strategies.
The workshop will focus on implementation rather than advocacy, examining emerging disclosure frameworks, financing mechanisms, and regulatory pathways shaping corporate climate action in Sri Lanka.
Keynote speaker Dr. Lalanath de Silva, an internationally recognised environmental lawyer and governance expert, will address the evolving legal and compliance landscape influencing climate-related business decisions.
Technical sessions will cover IFRS S2 climate-related disclosures, climate risk governance, green finance opportunities, internal carbon pricing, and access to climate financing. Speakers will include climate risk specialist Rohan Cooray, Shiranee Yasaratne of Biodiversity Sri Lanka, and Suganthi Samarasinghe of UNDP Sri Lanka.
Organisers said climate readiness is increasingly becoming a business necessity rather than a sustainability option, with growing scrutiny from global markets and regulators.
Participation is free of charge, but prior registration is required due to limited seating for professionals in sustainability, governance, compliance, and risk management roles.
Business
SPAR Sri Lanka Opens New Outlet in Kurunegala
SPAR Sri Lanka has expanded its retail network with the opening of a new outlet in Kurunegala, marking another milestone in the supermarket chain’s growth across the country.
The new store, strategically located to serve the growing population of the North Western Province, offers a wide range of products, including fresh fruits and vegetables, premium meat products, bakery items, household essentials and both local and international brands.
The outlet also features several specialty sections, including a Coconut Corner, Wellness Corner and a dedicated area catering to pet care products.
Speaking at the opening, SPAR Sri Lanka Chief Executive Officer Kumar de Silva said the new outlet reflects the company’s commitment to delivering a “glocal” shopping experience by combining international retail standards with local customer preferences.
“Our Kurunegala outlet reflects our dedication to providing customers with the best range, superior quality and exceptional service under one roof,” he said.
The store also offers SPAR’s signature fresh food concepts, including in-store bakery products, ready-to-eat meals and freshly prepared juices aimed at meeting the needs of busy consumers.
The company said customers will benefit from a range of promotional offers, loyalty rewards, weekend deals and seasonal discounts.
SPAR Sri Lanka said the expansion would also contribute to local economic development through employment generation and support for local suppliers, further strengthening the country’s retail sector.
Pic and Text by SK Samaranayake
Business
Royal end title drought with dramatic shootout triumph
Royal College, Colombo, emerged unbeaten champions of the All-Island Under-20 Hockey Tournament after defeating defending champions St. Thomas’ College, Matale, in a nail-biting sudden-death penalty shootout at the Rajarata University Grounds in Mihintale last week.
The final ended in a 1-1 draw after Royal equalised five minutes from time to cancel out the Matale side’s earlier lead.
With the penalty shootout also ending in a 4-4 deadlock, the match proceeded to sudden death. The Reid Avenue outfit eventually prevailed in the second round of sudden-death penalties to clinch the title.
A brilliant save by goalkeeper Stefan Anthonipillai, who stretched to his right to deny a crucial attempt, and the decisive conversion by Rumal Jayasinghe helped Royal secure the Under-20 championship for the first time since the tournament’s inception in 2014.
Royal’s centre-forward Savain Karunasiri was one of the team’s standout performers throughout the tournament, scoring crucial goals, including strikes in both the semi-final and the final. Anthonipillai was equally impressive, guarding the goal superbly throughout the seven-match campaign.
Royal finished runners-up when the tournament was held in Matale last year.
The Colombo school produced a series of consistent performances despite having to play on an uneven grass surface that was not ideally suited to the fast-paced modern game.
Royal began their campaign with a 2-0 victory over Christ Church College, Matale, before defeating arch-rivals St. Thomas’ College, Mount Lavinia, 1-0. They then beat Kingswood College, Kandy, 2-0 and Maris Stella College, Negombo, 2-1 to top their group.
In the quarter-final, coach Damith Panditharatne’s side overcame fancied Dharmadutha College, Badulla, by 2-0.
Royal then edged out St. Joseph Vaz College, Wennappuwa, 1-0 in the semi-final, adopting a disciplined defensive approach against the aggressively attacking Puttalam outfit.
In the other semi-final, St. Thomas’ College, Matale defeated Trinity College, Kandy, 3-1. St. Joseph Vaz later beat Trinity 1-0 in the third-place playoff.
Panditharatne’s five-year development programme, with a strong emphasis on fitness, stamina and technical skills, played a key role in Royal’s success. The title marked Royal’s first national Under-20 tournament triumph since winning the National Schools Games in 2017.
A former national player, Air Force striker and Sri Lanka Police coach, Panditharatne has focused on addressing the weaknesses of individual players while building a cohesive unit. The former Christ Church College, Matale player has been coaching Royal since 2022 with the support of the Royal College Hockey Club (RCHC), comprising former Royal hockey players.
For his outstanding performances, Anthonipillai was adjudged the Best Goalkeeper of the Tournament. Royal College was also named the Most Disciplined Team of the Tournament.
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