Business
Sri Lanka’s children paying the steepest price in the current crisis – UNICEF Regional Director for South Asia
By Hiran H. Senewiratne
The Sri Lankan economic crisis continues to rattle the country and it is the poorest, most vulnerable among its girls and boys who are paying the steepest price, UNICEF Regional Director for South Asia, George Laryea-Adjei said.
“Sri Lanka, a country normally known for its rapid economic growth and booming tourism, is experiencing its worst economic crisis since Independence in 1948. Families are skipping regular meals as staple foods become unaffordable, Laryea-Adjei said at a media conference held at Movenpick hotel, Colombo last Friday. The Regional Director was on a visit to Sri Lanka to study sectors impacted by the economic crisis.
Laryea-Adjei added: ‘Children are going to bed hungry, unsure of where their next meal will come from – in a country which already had South Asia’s second highest rate of severe acute malnutrition.
‘Almost half of children in Sri Lanka already require some form of emergency assistance. The education of 4.8 million children, already severely hampered by two years of interrupted learning, is at risk as school attendance continues to be jeopardized.
‘Children’s education is being hindered by the current crisis in many ways; children no longer get the warm and nutritious meals that they used to have before the crisis; they lack basic stationery and their teachers struggle with transportation issues.
‘Reports are already emerging of an increase in abuse, exploitation and violence against children due to the mounting economic pressures and adding to that, there are already over 10,000 children in institutional care in Sri Lanka, mainly as a result of poverty.
‘Such institutions are not the best place for a child to grow up in, as they lack the bond of a family. Unfortunately, the current crisis is pushing more and more families to take their children to these institutions as they cannot afford to provide for them, including feeding.
‘If the current trends continue, hard-earned progress for children in Sri Lanka is at risk of being reversed and in some cases, erased permanently.
‘UNICEF has been in Sri Lanka for over 50 years. With the support of partners, we are distributing educational supplies, providing meals to pre-school children and are channeling badly needed
cash transfers to pregnant and breastfeeding mothers.
‘But if the crisis persists, much more is needed and we need to support them.
‘Children need to be placed squarely at the heart of the solution as the country works to resolve the crisis. Continuity of learning must be ensured for girls and boys of all ages, so that they can prepare for their future and are shielded from the threats of child labour, exploitation and gender-based violence. Central and primary health services must be prioritized, to protect women and children against life-threatening diseases and malnutrition.
‘Acute economic precarity and inflation across South Asia are poised to further threaten the lives of children – in a region which was already home to one fifth of the world’s extreme poor and profound hardships and inequities impacting children’s health, learning and safety, and in a region which was severely impacted by COVID-19.
‘If we do not act now to protect children against the worst effects of the global economic downturn, the children of the world’s most populated region will be plunged further into poverty – and their health, nutrition, learning and safety will be compromised.
‘We cannot let children pay the price for crises not of their making. We must act today to secure their futures tomorrow.’
Business
SLT-MOBITEL driving Sri Lanka’s economic resilience through digital infrastructure
Corporate accolades underscore the alignment between its operational excellence and national development
In an era where national competitiveness is intrinsically tied to digital connectivity, strengthening the country’s digital backbone has become an urgent priority. Within this context, the evolving role of Sri Lanka’s leading telecommunications provider, SLT-MOBITEL, offers valuable insight into how technological infrastructure can underpin broader economic resilience.
Telecommunications and digital networks are foundational to economic transformation. By expanding high-speed broadband access, upgrading enterprise cloud capabilities, and bridging the urban-rural connectivity divide, SLT-MOBITEL helps reduce business transaction costs, streamline supply chains, and enable micro, small, and medium enterprises to reach global markets.
Recent corporate accolades further underscore this alignment between operational excellence and national development. SLT-MOBITEL’s triple triumph at the National Business Excellence Awards 2026 – winning in the Infrastructure and Utilities sector, Performance Management, and ICT Services categories – highlights its growing impact. Notably, the recognition of eChannelling’s contributions to digital healthcare reflects a broader strategic pivot toward integrated technology solutions.
“Institutional efficiency of this nature is critical for attracting foreign direct investment, as global partners increasingly assess a country’s digital maturity and systemic stability before committing capital,” noted industry observers.
Moreover, the company’s transition from a conventional telecom utility to a comprehensive digital solutions provider aligns seamlessly with Sri Lanka’s national digitalisation agenda. As the country pursues public sector modernisation, enhanced e-governance, and a competitive knowledge economy, the private sector must step up to deliver secure, scalable, and future-ready networks. Investments in data centres, cybersecurity frameworks, and advanced ICT infrastructure act as strategic buffers, ensuring that Sri Lanka’s economic apparatus remains agile and resilient amid future global uncertainties.
However, industry experts caution that while these achievements are commendable, SLT-MOBITEL still has a considerable distance to cover in fully enabling a truly digital economy.
Business
Port City Colombo strengthens Gulf investment ties at Dubai diplomatic engagement
Port City Colombo (PCC) took a prominent role as Platinum Sponsor at the second edition of Sri Lanka Beyond Your Dreams, a high-level diplomatic and investment engagement hosted by the Consulate General of Sri Lanka in Dubai and the Northern Emirates. The event, held on 2nd September 2026 at the Hilton Dubai Al Habtoor City, brought together over 400 senior UAE-based business leaders, investors, diplomats, and institutional stakeholders, alongside Sri Lanka’s most senior government representatives.
The gathering was graced by Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, as Guest of Honour, and Vijitha Herath, Sri Lanka’s Minister of Foreign Affairs, Foreign Employment and Tourism. A high-level Sri Lankan delegation – including the Secretary to the Prime Minister, the Chairman of the Board of Investment, the Chairman of the Export Development Board, and the Director General of Commerce – underscored the government’s strong commitment to deepening economic diplomacy with the UAE.
In his keynote address, Minister Herath reaffirmed the centuries-old ties between Sri Lanka and the Arab region, emphasising the UAE’s vital role as a key economic partner. He stressed the urgency of finalising a Comprehensive Economic Partnership Agreement (CEPA) with the UAE, which would establish a robust framework to elevate trade, investment, and bilateral cooperation. Declaring Sri Lanka “open and ready for business,” he positioned Port City Colombo as the physical embodiment of this economic mission – a modern Special Economic Zone (SEZ) with a dedicated legal framework and competitive incentives, offering UAE investors a natural gateway to South Asia while maintaining strong Gulf connectivity.
Business
American Premium Water strikes Gold at Dragons of Sri Lanka 2026
American Premium Water has secured four wins at Dragons of Sri Lanka Awards 2026, including three Gold Dragons and one Black Dragon, marking a significant milestone for the brand following its relaunch last year.
Part of the prestigious Dragons of Asia awards, Dragons of Sri Lanka brings the program’s regional platform to the local market, celebrating creative and effective marketing communications, with entries evaluated on strategic thinking, creativity, execution and impact. Established in 2000, Dragons of Asia is one of Asia’s premier results-driven marketing awards programs.
For American Premium Water, the achievements are particularly significant given that the company’s debut at the Dragons awards has resulted in four Dragons across four categories. In the distinction of Gold Dragons, American Premium Water was recognized across three categories including Product Launch or Re Launch, Cause, Environment or Sustainability and Creative Excellence while the Black Dragon was awarded in recognition of Small Budget.
Competing alongside leading brands and agencies in Sri Lanka, American Premium Water’s four wins demonstrate the strength and effectiveness of its recent work. Winning three Gold Dragons across three distinct categories highlights the breadth of the brand’s achievements, while the Black Dragon for Small Budget further emphasizes its ability to create meaningful impact through focused and efficient investment.
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