Business
Sri Lankan youth showcase outstanding ideas to reduce food waste
Spirits soared at The Dentsu Rise Up Global Challenge Sri Lanka Edition, when young talent between the age group of 17-27 showcased their best ideas to inspire consumers in Sri Lanka to drastically reduce food waste and were awarded and recognized ceremoniously at the Havelock City Club House Hall.
After researching and creating their ideas, they presented them to an experienced panel of judges consisting of Prof. C.N. Wickramasinghe from the Department of Commerce and Finance at the University of Kelaniya, Asela De Silva, Creative Services Director at ADA Sri Lanka, Hanim Abdul Cader, Creative Director at TBWA Sri Lanka, Shamir Hussain, Creative Director at Dentsu Grant, Chani Perera, Strategic Advisor at AOD and Designer for MMCA and Amanda Aluvihara, Creative Director/Consultant at Dentsu Grant & Miami Ad School.
After some rigorous rounds of judging, the top 20 made it to the final round. Gayangi Seneviratne was judged the winner of The Dentsu Rise Up Global Challenge – Sri Lanka Edition 2022, bagging the Grand Prize, the latest MacBook Pro, for her idea ‘Food Pulse’. Aadila Fiyaz was judged the 1st Runner-Up, winning the latest version of the Apple iPad + Airpods Pro for her idea of ‘The Invisible Food Project’. The 2nd Runner-Up Asith Nirmal Amarasekara won the latest version of the Apple iPad for his idea of combining food waste with good health using big data and AI. Consolation prizes including Harman Kardon sound systems, JBL Bluetooth Speakers and headsets were awarded to the top 20 finalists.
Commenting on the competition, the Chairperson of The Dentsu Grant Group, Neela Marikkar, said: “Congratulations to all the winners! You made us all immensely proud with your ground-breaking innovations. We hope that this will inspire all of you, and many more young inventors and creative minds, locally and globally, to come up with creative and powerful solutions to tackle the challenges of the current world. We look forward to guiding and supporting the winners to bring their ideas to life, fulfilling the real purpose of the competition.”
The Chief Strategy Officer of Dentsu Grant and the Project Chair of The Dentsu Rise Up Global Challenge – Sri Lanka Edition 2022, Sajith Weerasinghe, added “We are thankful to the Dentsu Network and the Global Sustainability team for bringing this opportunity to the Sri Lankan youth. Over 600 youth were engaged in educating and solving food sustainability and the importance of working towards the United Nations sustainable development goal 12.3”
Eminent Sri Lankan food sustainability researcher, Professor C N Wickramasinghe, added that “Unless we urgently work towards prevention of food waste, we will have to learn to live with it, like in the case of global warming. Competitions such as The Dentsu Rise Up Challenge empower the youth to take ownership of resolving urgent, pressing issues they have inherited.”
The Dentsu Global Rise Up Challenge aims to mobilize 10,000 young people across the world to develop a creative communications campaign to tackle food waste. In Sri Lanka, 600+ young people participated in The Dentsu Rise Up Global Challenge 2022 and their brief was to come up with creative solutions to eradicate food waste and ensure food security.
Business
PM ‘Rings the Bell’ at CSE to champion financial literacy and investor education
As part of World Investor Week (WIW) 2026, the Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) joined stock exchanges around the world in ringing the market opening bell for financial literacy on 5 October 2026, under the patronage of Dr. Harini Amarasuriya, Prime Minister of the Democratic Socialist Republic of Sri Lanka.
World Investor Week is an annual global campaign led by the International Organization of Securities Commissions (IOSCO) to raise awareness of the importance of investor education and investor protection. The “Ring the Bell for Financial Literacy” initiative, pioneered by the World Federation of Exchanges (WFE), brings together stock exchanges and other stakeholders worldwide to promote greater financial literacy and encourage individuals to make informed financial decisions.
The ceremony also marked the 40th anniversary of the CSE and the joint launch by the SEC and the CSE of the Stock Market Game, an online stock market simulation based on the ATrad trading system.
The Stock Market Game enables participants to gain practical experience of how the stock market works, make investment decisions and construct portfolios of listed shares without using real money. The platform is accessible through the websites of the SEC and CSE and is expected to serve as an important practical tool for promoting financial education. It is envisaged that the Stock Market Game will also be used to conduct simulation competitions among universities and the 100 Capital Market Clubs established in schools across the country.
The ceremony also featured the commemorative issuance of a stamp and First Day Cover to mark the 40th anniversary of the CSE. Issued in collaboration with the Department of Posts and the Philatelic Bureau of Sri Lanka, the commemorative stamp and First Day Cover were presented to Prime Minister Dr. Harini Amarasuriya, by the SEC Chairman Snr. Prof. D.B.P.H. Dissabandara and Ray Abeywardena, Director CSE and Chairman of Central Depository Systems (CDS).
Welcoming the gathering, Rajeeva Bandaranaike, Chief Executive Officer of the CSE, highlighted the importance of obtaining reliable information when making investment decisions.
“We operate in a digital world where a vast amount of information and data is disseminated through social media. While some of this information is factual, some may be inaccurate or misleading. When investing in the stock market, it is essential to make informed and prudent investment decisions. Therefore, investors should obtain information and data from reliable and responsible sources and persons before making investment decisions.”
Addressing the gathering, SEC Chairman Snr. Prof. D.B.P.H. Dissabandara emphasised that the SEC’s role extends beyond regulation to facilitating the further development of the capital market.
“The SEC needs to determine how best to introduce the stock market to Generation Alpha, Generation Beta and generations beyond. When it comes to investors, we need to build confidence in the market, because people will invest only when they have confidence in the market.’’
Business
Rs. 5 million worth of prizes to be given at 8th edition of CSE Masterminds Quiz Competition
The Colombo Stock Exchange (CSE) has announced that the eighth edition of the CSE Masterminds Quiz will be held on 9th October 2026, from 3.00 p.m. onwards, at the Main Ballroom, Shangri-La Colombo.
Recognised as Sri Lanka’s premier capital market quiz competition, CSE Masterminds brings together teams from the public and private sectors. Participants will be tested across international business, global markets, current affairs, the Sri Lankan economy and business, the Sri Lankan stock market, and sports and entertainment, before a concluding rapid-fire round.
This year the winning team can win up to Rs. 2,000,000, the runners-up up to Rs. 1,000,000, and the second runners-up Rs. 750,000. Sector awards will also be presented to the highest-performing team from each participating sector. Guest participants will also be able to compete in rounds of Audience questions, and will have the opportunity to participate a raffle draw for three free return tickets provided by Fits Aviation (Pvt) Ltd.
The evening will also include an exclusive after-party with live music provided by the band ‘Doctor’ featuring guest performer Umara Sinhawansa, fine food and beverages, providing an opportunity for networking and celebration. Every participant will receive a premium goodie bag made possible by the support of the event’s sponsorship partners. Collectively, the event will feature over Rs. 5 million worth of prizes, rewards, and giveaways, encompassing championship prizes, sector awards, audience engagement prizes, raffle draw offerings, and goodie bags.
Sponsorship partners include:
Platinum Sponsors: Hatton National Bank PLC and Bartleet Religare Stockbrokers (Pvt) Ltd.
Gold Sponsors: Ex-Pack Corrugated Cartons PLC, Asha Securities Ltd., and Lanka Securities (Pvt) Ltd.
Silver Sponsors: Barista Coffee Lanka (Pvt) Ltd., Capital Trust Holdings (Pvt) Ltd., LOLC Holdings PLC, Arpico Ataraxia Asset Management (Pvt) Ltd., IronOne Technologies (Pvt) Ltd., and LankaPay (Pvt) Ltd.
Co-Sponsors: Access Engineering PLC, Bank of Ceylon, Commercial Bank of Ceylon PLC, CryptoGen (Pvt) Ltd., Deloitte Lanka (Private) Limited, Dialog Finance PLC, Efutures (Pvt) Ltd., People’s Leasing & Finance PLC, Senfin Asset Management (Pvt) Ltd., and Softlogic Stockbrokers (Pvt) Ltd.
Business
NCCSL to conduct practical workshop on food labelling and advertising regulations in Sri Lanka
The National Chamber of Commerce of Sri Lanka (NCCSL) is organizing a one-day practical workshop on “Food Labelling & Advertising Regulations in Sri Lanka” on Thursday, 8th October 2026 from 9.00 a.m. to 4.30 p.m. at the National Chamber of Commerce, Colombo 10. The workshop has been organised to provide a practical understanding of the latest regulatory requirements governing the food products labelling and advertising of food products in Sri Lanka, with particular attention to regulatory developments applicable in 2026, compliance requirements, and the potential legal and financial implications of non-compliance.
As food products increasingly compete not only with quality and price but also on packaging, labelling and promotional claims, businesses must ensure the information they communicate to consumers is accurate, transparent and consistent with applicable regulatory requirements. Understanding these requirements is therefore essential for businesses seeking to protect their brands, maintain consumer confidence, and minimize regulatory and legal risks.
The practical workshop will go beyond an overview of regulations and focus on how businesses can apply regulatory requirements in their day-to-day operations. Participants will be guided through key areas of food regulatory compliance, including the national food regulatory framework, recent food labelling regulations and key changes, mandatory approvals and prohibitions relating to food labelling, and the litigation process associated with regulatory violations. The programme will also cover several areas of growing importance to the food industry, including the EU EMPCO Directive, food colour coding regulations, regulations relating to food trans-fatty acids and the importance of compliance in the use of food additives. Practical exercises will further enable participants to apply their knowledge to real-world compliance situations and strengthen their ability to identify potential regulatory concerns.
For further information and registration, please contact the National Chamber of Commerce of Sri Lanka on 011 4741788 – Nethmi or Udula – 071 403 4775.
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