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WISDOM IN THE LEAF

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A generation of Tea Inspired Knowledge From Dilmah Tea & its History of Ceylon Tea initiative

Teamaking is an ancient art, framed in science, yet equally demanding of passion and expertise. The Wisdom in the Leaf is a publication that aims to harness the art, science, and knowledge that will inspire tea drinkers and guide Teamakers, through a unique collaboration with the men and women whose passion is a significant component in the reputation of Ceylon Tea. The project was initiated as a tribute to Sri Lanka’s global ‘Teamaker’, Merrill J. Fernando, and to the tea planters who make Ceylon Tea. It is published by Dilmah Tea in celebration of its Founder’s 70th year in tea.

Curated by a committee of tea industry veterans and scientists, ‘Wisdom in the Leaf’ captures the tacit knowledge that is only acquired through experience. The contributors each share their expertise in a seminal work that is an invaluable resource for tea planters of the present and future.

The History of Ceylon Tea project was launched in August 2003 with the objective of sharing ‘One of the greatest stories that has ever been told.’ Dilmah Founder Merrill J. Fernando explained his family’s vision in undertaking the project, “‘Dilmah gained consumer recognition globally on the strength of the finest Ceylon Tea, and it is only logical therefore that we should reciprocate, by giving future generations of Sri Lankans the opportunity to study and understand the heritage of one of the world’s greatest plantation industries. The Sri Lanka Tea Industry is today the lifeblood of this nation and Sri Lanka is best known in many countries for ‘Ceylon Tea’.”

Received with great acclaim by scientists and authors including Dr. S. D. G. Jayawardena (former Chairman of the Tea Research Institute), Jane Pettigrew (tea historian and author of 17 books on tea), Dr Nalini C. Gnanapragasam Sivapalan (former Deputy Director Research at the TRI) amongst others, Wisdom in the Leaf is the most comprehensive compendium of knowledge of Ceylon Tea that has been produced in the past five decades.

20 veteran planters with a collective experience of more than 500 years, contributed their knowledge while eminent scientists including Dr. Tanuja Ariyananda, Dr. Rohan Pethiyagoda, Dr. Tissa Amarakoon, and Daya Wickramatunga add critical scientific context.

The content spans agricultural, factory and manufacturing practices, the fundamentals of plantation management and important sustainability themes including rainwater harvesting, climate change and the environment. These topics are presented in an engaging style to make the book as readable for tea drinkers with an interest in the provenance of their cuppa, as for researchers and tea planters.

Topics covered include Personnel Development, Human Resources, Forestry and Conservation, Water Resource Management, Diversification, Buildings and Housing, Financial Accounting and Control, Transport, and Climate Change Adaptation.

The final chapter – “From the World of Science” – comprises contributions from reputed names in the scientific community, and cover topics such as Climate Change and Tea, Rainwater Harvesting, Mechanised Harvesting, Biochar, and the Health Benefits of Tea.

The concept for this publication was conceived by Dilhan C. Fernando, CEO of Dilmah Tea, and with his father Merrill J. Fernando’s blessing, this idea evolved into a tribute to tea planters and workers, the stewards of Ceylon Tea. The entire proceeds from the sale of each book will go to the MJF Foundation’s Vocational Training Scholarships for Plantation Youth.

The publication is a by-product of Dilmah’s History of Ceylon Tea (HOCT) project, whose Editor David Colin-Thomé was the Project Leader and Editor-in-Chief of ‘Wisdom of the Leaf’. The 336-page, hard-cover book is a mix of easy-to-read information interspersed with technical data and contemporary and historical photography. The latter includes a selection of never-before published historical images received from private family collections.

The Publication Committee comprised Jayantissa Ratwatte, Vernon Tissera, Bhatiya Jayaratne, Jivaka Atapattu, Kavi Seneviratne, Anura Gunasekera, and Monte Holsinger as the Technical Editor, with David Colin-Thomé as Editor-in-Chief. The contributors are Monte Holsinger, Vige Bede-Johnpillai, Dyan Seneviratne, Vernon Tissera, Jivaka Atapattu, Bhatiya Jayaratne, S.K. Seneviratne, Ernie Daniels, Bernard Holsinger, Saman Munasinghe, Jayantha Jayawardene, Anura Gunasekera, Malin Goonetileke, Sarath Imbuldeniya, Russell Tennekoon, Ryle Perera, Steve Morrell and Nimal Amerasekera. From the world of science, the contributors are Dr. Tanuja Ariyananda Ph.D, Dr. Rohan Pethiyagoda B.Sc, Dr. Tissa Amarakoon Ph.D, and Daya Wickramatunga M.Sc.

 

I am confident that this book is destined to become the Bible of the future planters, University students and many others.

Dr. S.D.G. Jayawardena – Former Chairman Tea Research Institute (2006 to 2015) and former Director General, Department of Agriculture.

I was pleased to see the names of veteran planters, many of whom I have had a close association with at some time or other during the time I was at the Tea Research Institute of Sri Lanka. Who else other than such experienced men are suited to write a compendium of this sort?  Interacting with men of such calibre and imbibing their practical knowledge had helped many of us scientists in designing our field experiments to suit different agro-climatic zones.

Dr Nalini C. Gnanapragasam Sivapalan – Agricultural Consultant & Research Adviser and former Deputy Director, Research at the Tea Research Institute of Sri Lanka

What is truly remarkable is that information which might appear rather dry and academic in an ordinary textbook is brought to life on these pages through the clever use of typeface, page layout, the division of the text into manageable paragraphs, and illustrations that bring the story to life.

Jane Pettigrew – Tea specialist, historian, writer and consultant. Since 1983, she has been working in the UK and around the world to explain and share the fascinating world of tea.



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Embedding human rights, equity and integrity into business leadership

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Rathika de Silva, Executive Director

At its 2026 Social Sustainability Programme Kick-Off, the UN Global Compact Network Sri Lanka convened business leaders to advance the translation of global ambition into practical corporate action on inclusion, integrity and human rights.

On 24 February 2026, the UN Global Compact Network Sri Lanka (Network Sri Lanka) convened business leaders at Barefoot Garden Café for its 2026 Social Sustainability Programme Kick-Off, delivered in collaboration with Good Life X.

The gathering did more than introduce a calendar of events. It positioned Sri Lanka’s corporate community within the broader direction of the UN Global Compact’s 2026–2030 global strategy — a strategy anchored in three imperatives: equipping companies to act, catalyzing collective action, and advancing the business case for responsible leadership.

At its core, the 2026 Social Sustainability agenda is designed to move companies from commitment to capability.

Within the Diversity & Inclusion Working Group, this means building practical pathways toward equal pay for equal work and strengthening male allyship as a governance issue rather than a cultural afterthought. It means examining sexual and reproductive health, disability inclusion, and mental health not as employee benefits, but as structural determinants of productivity and retention. It means sharpening strategic communications so inclusion is embedded in brand integrity. It also means applying science-based behavioural change approaches to shift organizational culture in measurable ways.

Across the Business & Human Rights Working Group, equipping companies takes the form of deepened engagement on decent work and living wage implementation, strengthening human rights due diligence processes, and addressing emerging risk areas such as AI and digital rights. It extends to reinforcing business integrity and anti-corruption frameworks, understanding the social dimensions of a just transition, and recognizing the link between child rights, nutrition, and workforce productivity.

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Union Bank to raise LKR 3 Bn via Basel III Compliant Debenture Issue

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Shanka Abeywardene

Union Bank of Colombo PLC announced its proposed Debenture Issue 2026, a strategic move aimed at raising up to LKR 3 billion. This issue is designed to bolster the Bank’s Tier II capital base and provide a robust financial foundation for its upcoming growth initiatives.

The offering consists of Basel III compliant, listed, rated, unsecured, subordinated, redeemable high-yield debentures with Non-Viability Conversion. The instrument has been assigned a rating of BB (lka) by Fitch Ratings (Lanka) Ltd, reflecting the bank’s creditworthiness and the structured nature of the subordinated debt.

Investors can choose from three distinct interest structures starting from a high-yield 13% fixed rate per annum (Type A). This option is paid annually, while Type B offers a 12.5% fixed rate paid semi-annually (12.89% AER). For those seeking market-linked returns, Type C provides a floating rate of the 182-days Treasury Bill rate plus a 400-basis point margin, also paid semi-annually.

The debentures are priced at LKR 100 per unit with a 5-year tenure (2026–2031). The initial issue size is set at 20,000,000 debentures with an option to raise 10,000,000 at the discretion of the Bank and is scheduled to open on 10 March 2026.

Shanka Abeywardene, Chief Financial Officer of Union Bank stated “This debenture issue marks a significant step in the Bank’s journey towards enhanced financial stability. By strengthening its capital adequacy, Union Bank is well-positioned to navigate evolving market conditions while fuelling its long-term strategic objectives for sustainable growth”

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Sanjay Kulatunga appointed to WindForce Board

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Sanjay Kulatunga

WindForce PLC announced the appointment of  Sanjay Kulatunga as an Independent, Non-Executive Director to its Board with effect from 03rd March 2026, following the resignation of Dilshan Hettiaratchi. The appointment further strengthens the Company’s governance framework, strategic oversight, and long-term decision-making capabilities.

Kulatunga brings an established track record as a founder, entrepreneur, and senior executive across financial services and export-oriented industries. He is the Chief Executive Officer and Co-Founder of LYNEAR Wealth Management, a boutique investment firm established in 2013, which has since grown to become one of Sri Lanka’s largest private wealth management institutions, serving high-net-worth individuals as well as local and international institutional clients.

Prior to founding LYNEAR, Kulatunga played a pivotal role in the establishment of Amba Research, an investment research offshoring firm rooted in Sri Lanka and now operating as part of Acuity Analytics.

Over the years, he has contributed extensively to several key national institutions. His previous appointments include serving on the Financial Sector Stability Consultative Committee of the Central Bank of Sri Lanka, as well as the Board of Investment of Sri Lanka and the Securities and Exchange Commission of Sri Lanka.

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