Business
StrEdge Group expands its reach to an overseas clientele
StrEdge Group of companies which offers a broad spectrum of business consultancy services has expanded its reach to an overseas clientele. The Group’s overseas footprint includes business transformation, HR strategy redesigning and technology advisory.
StrEdge is contracted by leading Maldives and Dubai-based companies for transformation projects in multiple industries. “Connecting the executive, middle and top management is the key to a successful transformation within any organisation irrespective of the country. Whether it is in strategy, operation, finance or human resources, StrEdge has the expertise to drive the necessary changes. Our consultants are equipped with practical applications in strategy, Lean and HR, not only to design solutions but also to create an enabling space within businesses to practically realise sustainable growth,” said StrEdge Group Director Janaka Epasinghe.
In a bid to drive sustainable growth, Maldives Islamic Bank (MIB), the second largest bank in the Maldives retained a team from StrEdge for a Comprehensive HR Strategy Design Project which included reviewing and redesigning of MIB’s organisation structure, performance management, succession planning and policy.
“The StrEdge team was fully engaged with us during the Comprehensive HR Strategy Design Project and within a period of six months, they succeeded in redesigning the entire internal HR landscape. This will enable MIB to effectively compete in the market by attracting and retaining the best of talent. The professionalism and competency displayed by the StrEdge team at all times, was commendable and I’m happy to note that they did not hesitate to go beyond their promised deliverables,” MIB’s Managing Director and Chief Executive Officer, Mufaddal Idris Khumri remarked in a press communique.
“The Maldives is an exciting market. In terms of Human Resource Management, they have a very unique practice, as well as their own challenges. The Maldives Islamic Bank embraced our support, as they truly wanted to see themselves in a better position in their HR functions to face the current challenges and be ready as a future proof organisation in the eyes of their stakeholders,” noted StrEdge Director, HR Transformation, Lahiru De Ruberu.
A home-grown company which benchmarks itself with the best global standards and practices, services of StrEdge covers Business Strategy, Human Resource Strategy, Business Process Reengineering, Lean Six Sigma Training and Certification, Financial Restructuring, Treasury Advisory, Business Advisory, Technology Advisory, Technology Design, Development and Implementation, Project Management, Operational Excellence, Coaching and development.
“All our services are designed to help businesses and business leadership reach their true potential. We are strategically focused to create a distinct platform to promote Sri Lanka’s intellectual capacity which we believe is second to none in the world, through our overseas consultancy business,” said StrEdge Managing Director, Sumedha Wijesekera.
Business
JAT Holdings celebrates the 6th Pintharu Abhiman Convocation, uplifting over 800 painters through NVQ certification
JAT Holdings PLC marked a significant milestone with the successful conclusion of the 6th JAT Pintharu Abhiman Convocation, recognising more than 800 painters who have earned their NVQ Level 3 qualification, an internationally recognised professional certification delivered in partnership with the National Apprentice and Industrial Training Authority (NAITA).
JAT Pintharu Abhiman was established to uplift Sri Lanka’s painter community through structured skills development, professional recognition and stronger earning potential. This year’s graduating cohort reflects the programme’s expanding reach and the tangible changes it continues to deliver for individuals, families and communities.JAT in collaboration with NAITA has streamlined the certification process such that what would traditionally take up to six months has been refined into an efficient and high-impact three-day assessment model. This approach ensures painters can obtain their qualification without sacrificing extended periods of work, while JAT fully absorbs the certification cost, removing financial barriers and enabling wider access to formal recognition.
Research conducted amongst NVQ qualified participants shows meaningful improvements in livelihoods, with 90 percent reporting increased personal confidence and 76 percent noting an improvement in their overall standard of living. This uplift demonstrates the long-term value of industry-aligned professional training.
A noteworthy moment at this year’s convocation was the recognition of four female painters who received their NVQ certifications. Their achievement marks an important step in broadening female participation in a field that has historically been male dominated, reinforcing JAT Holdings’ commitment to creating inclusive pathways for technical development and sustainable employment.
Speaking at the ceremony, Mr. Wasantha Gunaratne, Director Sales and Technical (South Asia) of JAT Holdings PLC, said:
“Pintharu Abhiman is fundamentally about development, giving painters the knowledge, structure and recognition they need to progress in their careers. By equipping over 800 painters with an internationally recognised NVQ qualification, we are not only strengthening the technical standards of the industry but also creating real pathways for entrepreneurship and financial independence. It is especially encouraging to see that one in five certified painters have already begun building their own businesses. These are the outcomes that matter because they show that when we invest in skills, we unlock opportunity. JAT remains committed to expanding these avenues so every painter has the chance to grow, lead and build a sustainable future.”
The 6th JAT Pintharu Abhiman Convocation underscores JAT’s continued dedication to uplifting the painter community, enhancing industry standards and supporting national skills development through accessible, professionally recognised qualifications.
Business
Industry bodies flag gaps in Draft National Electricity Policy
The Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Association Forum, National Chamber of Commerce of Sri Lanka and Sri Lanka Association for Software and Services Companies, has submitted joint observations on the Draft National Electricity Policy, highlighting that several key issues have not been adequately addressed.
Whilst recognizing the need for reform in the electricity sector, the submission flags several gaps in the draft policy that require closer attention. Key areas such as affordability, decarbonisation commitments, incentives for renewable energy, competition, and the long-term financial health of the sector are either missing or not addressed in sufficient depth.
The proposed tariff revisions outlined in the draft energy policy raise concerns, particularly regarding the removal of cross-subsidies and the proposal to restrict subsidies exclusively to households consuming less than 30 kWh per month. Without detailed analysis, these measures could weaken access to sustainable and affordable energy and potentially lead to fiscal risks.
The provisions allowing uncompensated curtailment, removing feed-in tariffs, and imposing mandatory time-of-use tariffs on rooftop solar users could make renewable energy projects un-bankable for international lenders, thereby increasing the cost of capital for Sri Lanka.
Calling for a more future-focused approach, the submission stresses the need for a policy that reflects modern electricity systems, including planning for the energy transition, energy storage, market competition, cross-border electricity trading, and emerging technologies.
The Chambers and Associations request a comprehensive revision of the Draft National Electricity Policy, alignment with the Electricity Act, and resubmission following substantive consultation, and reiterate support to engage constructively with policymakers to shape a policy that supports affordability, investment confidence, and Sri Lanka’s long-term energy security.
Business
Bank of Ceylon partners with 36th APB Sri Lanka Convention
Bank of Ceylon (BOC) partnered with the 36th Annual Convention of the Association of Professional Bankers (APB) Sri Lanka, reaffirming its commitment to promoting professional excellence and knowledge sharing within the banking sector. The partnership was officially handed over by Sameera D. Liyanage, Chief Marketing Officer of Bank of Ceylon and M. R. N. Rohana Kumara, Deputy General Manager Business Revival Unit of Bank of Ceylon, reflecting BOC’s focus on empowering banking professionals and supporting the sustainable growth of Sri Lanka’s financial services industry.
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