Ronaldo rips up records, Colombia qualify and Ghana hold England to draw

Colombia and Croatia edged victories as England-Ghana ended all square on Matchday 13 of the FIFA World Cup 2026, while Cristiano Ronaldo inspired Portugal.

Portugal 5-0 Uzbekistan

It took just six minutes for Ronaldo to shush his sceptics with an impeccably controlled strike. Then, as everybody expected CR7 to unleash a knuckleball free-kick, Nuno Mendes sneakily steered it home. Ronaldo’s second of the contest put the result to bed, and he would have gone to sleep with a TRIONDA had it not been for goalkeeper Abduvohid Nematov’s guts and reflexes. Portugal still emerged emphatic victors to move on to progression’s periphery.

England 0-0 Ghana

How did the Black Stars survive? Kojo Peprah Oppong hooked Marc Guehi’s header off the line, Jonas Adjetey and Kwasi Sibo made momentous blocks, Benjamin Asare exasperated Bukayo Saka, and Nico O’Reilly rattled the crossbar in a dramatic finale. Yet, despite 18 shots, the Three Lions couldn’t score. They didn’t concede either, which left England and Ghana as the forerunners to go through from the section.

Panama 0-1 Croatia

Vatreni supporters campaigned for Ante Budimir, who has rippled nets relentlessly over the last three seasons in La Liga, to get his first World Cup start. They were disappointed when he didn’t. They were delirious 10 minutes after he was sent on for the second half. The 34-year-old’s goal was facilitated by a breathtaking back-heel from fellow substitute Mario Pasalic and a superb Josip Stanisic cross. Croatia were up and running. Panama, despite an admirable effort, were out.

Colombia 1-0 Congo DR

Lionel Mpasi was immovable. Colombia kept asking questions. The Congo keeper kept answering them. Then, with less than 15 minutes remaining, uber-adventurous right-back Daniel Munoz, who was guilty of spurning a big opportunity in the early stages, drove home a deflected striker. Luis Diaz had not one but two goals disallowed thereafter, but it mattered not – Nestor Lorenzo’s charges were through.

Stats

Cristiano Ronaldo’s sixth-minute strike made him the first man to net in six editions and the second-oldest marksman in World Cup history. The 41-year-old Portuguese joined Dane Michael Laudrup and Argentinian Lionel Messi in reigning as his nation’s youngest and oldest World Cup scorer. Ronaldo’s second saw him outrank Eusebio and become the Portuguese leader for goals in the competition.

Jude Bellingham, at the age only 22, became the youngest player to reach 50 England caps. The Three Lions had 79 possession but registered their 13th goalless World Cup draw – four more than any other country.

Ronaldo and Croatia midfielder Luka Modric ensured two 40-year-old registered a victory on one day for the first time in World Cup history. (FIFA)

Rewiring organisational culture for a changing workforce

In an era where organisations are grappling with employee disengagement, generational shifts, and evolving workplace expectations, traditional management practices are increasingly failing to meet the needs of a rapidly changing workforce, renowned leadership expert Arthur Carmazzi said recently.

He stressed that the solution was not management frameworks or performance systems, but a fundamental rewiring of workplace culture. He said that organisations must move beyond measuring outputs alone, instead creating environments where employees feel connected to a shared purpose and are empowered to contribute and grow.

Carmazzi, the world’s #1 Culture/Colour Brain Thinker and bestselling author, shared these views during his highly anticipated ‘Reset the Brain’ workshop in Sri Lanka organised by AdStore Events in partnership with the Daily FT. The event focused on team dynamics, leadership development, and organisational culture transformation through his exclusive expertise, gathering an audience of corporate leaders, business leaders, decision-makers, and department heads.

Addressing the organisational leaders and professionals present, Carmazzi stressed that workplace culture was not shaped merely by policies or management structures, but by human behaviour, relationships, and purpose. According to him, one of the biggest barriers to employee engagement is that often, people tend to define themselves through their job titles rather than through the value they create.

“If we identify ourselves with just the title of our job instead of what our job and our effort mean to the big picture, well, it›s not really exciting,” he said, explaining that the reason many employees grew detached from their work was because they struggled to connect their daily responsibilities to organisational goals.

“On Monday morning, when you wake up, do you go, ‘Wow, I get to go to work today? Yay!’ Or do you go, ‘oh, is it Monday again?’”

Carmazzi advised that organisations must do more to help employees connect their daily responsibilities to meaningful outcomes if they hoped to build teams that were more highly engaged. Similarly, employees also need to feel valued within their organisations, he said.

Asking the workshop participants if they believed their organisations would be affected if they left, he observed how only a few indicated that they felt indispensable. According to Carmazzi, employees who understand their value are more likely to take ownership and show initiative, while remaining committed to organisational success.

Moving beyond outdated performance reviews

One area that requires urgent change is performance management, said Carmazzi. He questioned the effectiveness of annual and biannual performance reviews, noting that they often provided feedback too late to influence behaviour or improve outcomes. “By the time you already have the annual review, it’s too late.”

Carmazzi advised that instead of focusing solely on end results, organisations should identify the behaviours that contribute to success and provide employees with opportunities to develop those behaviours continuously. He said that performance measurement should become a tool for growth rather than a process that only highlights mistakes after they have occurred.

“What if we could actually take the lower performers and the medium performers and help them rise? Would it help your company to not only be more successful, but help people to feel good about themselves because they’re more successful in the company?”

Many companies invest heavily in training programs, but fail to create workplace environments that support employees in applying what they have learned. Carmazzi explained that employees frequently return from training motivated to implement new ideas, only to encounter organisational cultures that discourage experimentation or fail to reinforce positive behavioural change. As a result, many initiatives fail to deliver lasting impact despite the significant investments made for employee learning and development, he highlighted.

Understanding how people think

A central focus during Carmazzi’s workshop was his ‘Coloured Brain’ framework, which sought to explain how individuals process information and gain clarity. He explained that many workplace conflicts stemmed not from differences in goals, but differences in how people approached problems and made decisions. “Remember, behaviour is analysis. The process is different.”

Carmazzi explained that individuals generally sought clarity in different ways. In his Coloured Brain framework, green-brained individuals gain clarity through action, red-brained individuals through structure and logic, purple-brained individuals through information and details, while blue-brained individuals rely more on reflection and intuition.

He stressed that no colour was inherently better than the other, as each brought different strengths to problem-solving, communication, and decision-making. He further stressed that the framework was not intended to categorise personalities but rather to understand how people arrived at conclusions and make sense of their environment. By recognising these differences, organisations could improve communication, reduce misunderstandings, and create stronger collaboration across teams.

Throughout the workshop, Carmazzi demonstrated how understanding individual thinking styles could help leaders identify employee motivations, manage expectations, and build more effective working relationships, highlighting how “if you can understand people well enough, you can help them succeed.”

Rethinking culture change

Carmazzi also challenged the conventional belief that workplace culture was created exclusively by senior management.

“The standard belief is that if you’re going to create a culture, it’s got to be top down. But that’s not how it works anymore… If we’re going to create real culture change, it needs to be bottom-up.”

He explained that the modern workplace operated in the “post-Facebook era”, where employees had immediate access to recognition, validation, and social connection outside the workplace. As a result, organisations could not rely entirely on their management directives to change behaviour and engagement anymore. Instead, employees themselves must also play a role in creating the culture they want to work within.

“The people create the culture for themselves within the guidelines, and then, the people perpetuate the culture because it’s their culture.”

Employees who feel ownership over their workplace are more likely to sustain and protect it over the long-term, he added. He compared this approach to the sense of autonomy people felt when managing their own projects, where they become more invested in outcomes and more committed to collective success.

While leadership still plays a critical role in establishing boundaries and direction, culture becomes more effective when employees play a part in shaping it rather than simply being expected to follow it, he said.

Workplaces that feel safe

Psychological safety was also a central theme throughout the workshop.

Speaking on his own experiences in leadership, Carmazzi highlighted how departments within organisations often became trapped in cycles of blame, creating environments where employees focused on protecting themselves rather than solving problems. He discussed a period of his own career when he had found himself frustrated by organisational dysfunction, and only had later realised that many of the people he blamed faced similar challenges.

“I found out that they were real human beings. They also wanted to do big things. They wanted to create great things. They wanted to be the best version of themselves. But they also got stuck.”

The problem was not individuals employees, but workplace environments that discouraged risk-taking and open communication, Carmazzi explained. He advised that organisations must actively create “no-blame zones” where mistakes are treated as opportunities for learning rather than reasons for punishment.

“When somebody blames you, how do you feel after they blame you? Do you feel like, ‘oh, great! Now I’m ready to go and fix the problem!’?”

Instead of assigning fault, managers should help employees understand the consequences of the mistakes, identify solutions, and take ownership of corrective action, he advised, noting that such an approach would strengthen accountability while reducing fear and defensiveness.

Carmazzi also highlighted the tendency for people to create assumptions and interpretations for situations without having all the facts, leading to unnecessary conflict and mistrust. By recognising these tendencies and encouraging open communication, organisations could create environments where employees feel comfortable sharing ideas, raising concerns, and taking initiative.

Human creativity in the age of AI

As artificial intelligence becomes increasingly embedded in workplaces, Carmazzi warned against allowing technology to replace critical thinking. While AI can process information rapidly and assist with routine tasks, human creativity, judgement, and leadership still remain indispensable, he said.

“The moment that you start giving all of your creativity to AI, you start losing your creativity.”

According to Carmazzi, many employees use AI simply to obtain quick answers rather than leveraging it as a tool to expand their thinking. Instead, professionals could guide AI through better questioning, stronger context, and clearer direction.

“Instead of just letting AI do all this work for you and giving you something mediocre, you give it the direction. You give it the vision.”

He also expressed concern that younger generations risked becoming overly dependent on technology if they failed to develop the critical thinking skills necessary to challenge, refine, and improve AI-generated outputs. For organisations, the challenge is not whether AI will become part of the workplace, but whether employees will learn to lead technology rather than be led by it, he emphasised.

Designing the ideal workplace

While workplaces continued to evolve with technology, Carmazzi highlighted how the core drivers of employee engagement had remained unchanged.

During one exercise, he requested participants to identify the characteristics of their ideal working environment. Despite differences in age, profession, seniority, and background, he highlighted how the responses were noticeably consistent.

Carmazzi also brought up similar exercises conducted in dozens of countries, where employees had repeatedly identified many of the same priorities: trust, teamwork, clear communication, supportive leadership, and opportunities to enjoy their work.

The findings demonstrated that while people may think differently and approach challenges in different ways, they often shared common aspirations about the environments in which they want to work. Organisations that understand these human needs will ultimately be able to better attract talent, improve engagement, and sustain long-term performance, Carmazzi noted.

“We don’t want to be mediocre, we want to be successful. Successful in our own way, whatever our own way is, but we want to feel like we have purpose in our life,” he pointed out.

Corporate sponsors of the workshop were LOLC and Interocean Logistics. Electronic media partners were Kiss FM, Real FM, Siyatha TV and FM and hospitality partner was Jetwing Colombo 7 whilst knowledge partners were Sri Lanka Institute of Directors and Sri Lanka Institute of Marketing.

SLIIT Business School’s ‘SoftSkills+ 2026’ puts Sri Lanka’s future leaders in spotlight

From 112 teams, 48 contenders made it to The Grand Finale of SoftSkills+ 2026, organised by the SLIIT Business School.

SLIIT was a hive of energy on 16 May, as 192 students from all districts of Sri Lanka displayed leadership, communication, creativity and teamwork. Vying for first place at the prestigious event, SoftSkills+ served as a vibrant platform to celebrate and encourage talent among the future generation of leaders.

The event reflected the growing importance of soft skills development among the younger generation and highlighted SLIIT Business School’s commitment to nurturing future-ready leaders. Methodist College Colombo emerged champions of SoftSkills+ 2026, while Ratnapura Sivali Central College placed as runners up, Badulla Central College claimed the 2nd runner-up title.

The occasion was graced by ACCA Sri Lanka Chairman Chaaminda Kumarasiri, who attended as the Chief Guest. Addressing the gathering, he emphasised the significance of communication, leadership, adaptability, and interpersonal skills in today’s rapidly evolving professional landscape.

Distinguished artist Madani Malwattage and University of Kelaniya Senior Lecturer Tharindu Weerasinghe conducted an engaging soft skill development workshop for the participants. Their insightful sessions inspired students to enhance skills which are essential in today’s professional settings.

SoftSkills+ 2026 was proudly supported by several leading organisations and brands that contributed towards making the event a remarkable success. The organisers extended their sincere appreciation to British Council, SLIIT International, CIMA Sri Lanka, Inspire Business School, Milo (Nestlé), Singer, Fusion Gear, Commercial Bank and to Hemas Consumer Brands.

The competition concluded on a highly competitive yet celebratory note, recognising outstanding performances from schools. SLIIT Business School Senior Lecturer and SoftSkills+ 2026 Coordinator Ranitha Weerarathna stated that “the remarkable success and positive impact of this year’s event have undoubtedly set a strong foundation for future editions”.

Lucky takes over Havies as President

Former Thomian Lucky Bandara was elected President of Havelocks Sports Club at its Annual General Meeting held at the club premises last weekend.

Former Peterite, Havelocks SC and Sri Lanka centre Graham Raux fills one of the two Vice President positions, while former Trinitian and leading referee S.W. Chang will occupy the other Vice President post.

Rohan Daluwatte will take over as Honorary General Secretary. The committee comprises:

President – Lucky Bandara

Vice Presidents – Graham Raux, S.W. Chang

Honorary General Secretary – Rohan Daluwatte

Treasurer – Nimal de Silva

Past President – Rajiv Perera

The remaining positions will be announced at the next General Committee Meeting, which will be held in the near future. (SJ)

Premadasa accuses Govt. of undermining judiciary and democracy

Opposition Leader Sajith Premadasa yesterday accused the Government of attempting to amend the Constitution to increase the retirement age of judges without first addressing existing vacancies in the higher judiciary, warning that such a move could undermine judicial independence and democratic governance.

Raising the issue in Parliament, Premadasa questioned the rationale for pursuing constitutional changes while several vacancies remain unfilled in the superior courts.

‘This Government is undermining the judiciary and democracy,’ he charged.

Responding on behalf of the Government Justice and National Integration Minister Harshana Nanayakkara rejected the allegations, insisting that any measures under consideration would be pursued within the framework of the Constitution and the rule of law.

‘We have no intention of breaking the rule of law. We have no intention of using any posts as carrots for promotions for anybody,’ Nanayakkara told Parliament.

He said the Opposition Leader appeared to be drawing conclusions about proposals that had not yet been finalised.

‘I believe the Honourable Opposition Leader presumed a lot of things that we were not even intending to do and then he made comments on that. But I can assure you, whatever we do will be lawful, constitutional and it will be debated before this Parliament,’ the Minister said.

Nanayakkara further stated that the relevant processes were being carried out lawfully with the involvement of the Chief Justice, the President and the Parliamentary Council.

‘So therefore, the Honourable Leader of the Opposition should have no fear,’ he added.

Premadasa, however, rejected the suggestion that his concerns were based on assumptions and pointed to opposition expressed by several legal organisations.

‘Let me just explain the fact that I’m not presuming anything, nor am I making any assumptions,’ he said.

Premadasa noted that the Bar Association of Sri Lanka (BASL) had publicly opposed the Government’s proposal to increase the retirement age of judges and questioned whether that organisation was also acting on assumptions.

He further referred to concerns raised by the Colombo High Court Lawyers’ Association and other legal bodies regarding the proposed constitutional amendment.

‘The Colombo High Court Lawyers Association have also expressed their opposition to the draconian Act that you all are formulating, which is to amend the Constitution for the sole purpose of extending the pensionable years,’ he said.

Describing the proposal as inconsistent with democratic principles, Premadasa argued that the Government had not received a mandate to pursue measures that could weaken judicial independence.

‘You all have got a mandate to promote democracy, to protect the independence of the judiciary,’ he said.

The Opposition Leader also cited concerns raised by the Commonwealth Lawyers Association, arguing that criticism of the proposal extended beyond domestic legal organisations.

‘All the lawyers’ associations, all the legal luminaries and everyone with a standing and most of all, most of the citizens of this country, they hate the steps that you are trying to take,’ Premadasa said.

Youth expect jobs that build lives, not just livelihoods from World Bank CPF 2026-2030

Sri Lanka’s next phase of development should be measured not merely by economic indicators but by whether it creates opportunities for young people to build fulfilling lives in the country, University of Colombo Economic Students’ Association President Batya Peter said, offering a candid assessment of the aspirations and anxieties shaping a generation entering the workforce.

Speaking at the launch of the World Bank Group’s Sri Lanka Country Partnership Framework (CPF) 2026-2030 on Monday, Peter argued that employment, from a youth perspective, extends beyond earning an income and is inseparable from broader questions about long-term economic security and quality of life. Her perspectives were a curation of ideas and views shared by Colombo University students who engaged in extensive breakout sessions prior to the official public launch of the CPF.

‘Ultimately, what I’m trying to say is that this partnership framework shouldn’t just be about increasing the number. It’s about creating opportunities so that people can build the lives that they value in the country that they call home. So I really hope that that remains at the heart of the vision of the Country Partnership Framework,’ she said.

Her remarks offered policymakers, development partners and business leaders a window into how younger Sri Lankans are evaluating the country’s economic recovery and weighing decisions about whether to remain in the country or seek opportunities overseas.

Having recently completed her degree at the University of Toronto, Peter said many graduates view employment decisions through a broader lens than previous generations.

‘For many young people, getting a job is much more than just earning a salary,’ she said. ‘If you choose to work here, it means that you’re choosing to build a life here.’

She said questions around independent living, supporting ageing parents, home ownership and raising a family increasingly shape career choices and migration decisions.

Peter acknowledged that Sri Lanka had made significant progress in restoring macroeconomic stability since the 2022 crisis but cautioned that recovery remained fragile amid external shocks, climate risks and a rapidly changing global economy.

‘For young people like myself, stability is the foundation,’ she said, noting that confidence in institutions, economic resilience and future opportunities was essential if young people were to envision long-term futures in Sri Lanka.

A recurring theme in her presentation was that the debate on development should move beyond the quantity of jobs created towards the quality of employment opportunities available.

‘The challenge then is not only do we have enough jobs. It’s whether these jobs offer fair wages, opportunities for growth, and whether they align with our skills and aspirations,’ she said.

Peter identified several structural gaps that continue to constrain youth employment prospects.

Foremost among them was what she described as an ‘opportunity gap’, characterised by an insufficient supply of quality private sector jobs. While the public sector had historically served as a major employer, she argued that sustainable job creation would increasingly depend on private enterprise.

She also pointed to a persistent skills mismatch between university education and industry requirements, particularly affecting graduates from public higher education institutions who often complete lengthy academic programs with limited workplace exposure.

According to Peter, many graduates enter the labour market only to discover that the competencies sought by employers differ substantially from those acquired through formal education. She suggested greater collaboration between universities and industry, including curriculum development, internships and research partnerships, to bridge the gap.

Another challenge was an information deficit, with students often unaware of emerging career pathways and specialised opportunities beyond traditional professions.

‘There are a lot of niche areas within our sectors, and we’re just not aware of those jobs,’ she said, arguing that better visibility of opportunities could improve matching between skills and labour market demand.

Peter also highlighted concerns around job quality, including fair compensation, career progression, continuous learning opportunities, work-life balance and a sense of purpose in employment.

She noted that labour market barriers disproportionately affect women, citing low female labour force participation, inadequate childcare facilities and transport constraints as factors limiting workforce participation.

The presentation further underscored the need to foster a stronger culture of entrepreneurship and innovation. Peter said many young Sri Lankans remain highly risk-averse despite the growing opportunities created by digital technologies and changing business models.

She called for programs that reward innovation, expand access to mentorship and financing, and create a more supportive ecosystem for entrepreneurship.

Beyond labour market reforms, Peter urged policymakers to involve youth directly in the design and implementation of development initiatives.

‘Too often, decisions that affect youth are done by a few people behind closed doors,’ she said, arguing that youth participation would improve policy outcomes while fostering greater ownership of reform efforts.

She advocated moving young people from being passive beneficiaries of development programs to active contributors and co-creators of solutions.

Earlier, the World Bank Group Country Manager for Sri Lanka, Gevorg Sargsyan, said the CPF’s success would depend heavily on private sector participation and pledged that addressing youth aspirations would remain a central priority.

‘We are making it our priority,’ Sargsyan said, responding to concerns raised by students regarding employment and future opportunities.

(CPF) 2026-2030 aims to help sustain Sri Lanka’s economic recovery by supporting the Government’s goal of achieving more than 7% medium-term growth while creating quality private sector-led jobs.

Backed by up to $ 2 billion in financing and investments, the framework focuses on improving the business environment, expanding trade and exports, strengthening infrastructure and renewable energy, boosting employment in tourism and agriculture, particularly in underserved regions, and enhancing resilience to climate and economic shocks.

A central objective is to generate sufficient quality employment opportunities for the nearly one million young Sri Lankans expected to enter the labour market over the next decade

Forbes and Walker companies secure Carbon Neutral Certification

Forbes and Walker Tea Brokers Ltd., Sri Lanka’s largest tea broker, and Forbes and Walker Warehousing Ltd., a logistics and warehousing provider, have been awarded Carbon Neutral Certification by the Sri Lanka Climate Fund Ltd., reinforcing the group’s commitment to environmental stewardship, responsible business practices and sustainable value creation.

The certification recognises the successful quantification, verification and offsetting of the organisations’ greenhouse gas (GHG) emissions through the Forbes and Walker Rooftop Solar Project. It also reflects the Group’s efforts to reduce its environmental footprint while aligning with internationally recognised sustainability standards.

The achievement comes as global markets place increasing emphasis on sustainability and environmental compliance. Forbes and Walker said it remains committed to investing in initiatives that support climate action while delivering long-term value to stakeholders.

The certification also comes at a time when Sri Lankan exporters face increasingly stringent sustainability and environmental requirements in international markets, particularly in the European Union.

Recent regulatory developments covering packaging, waste management, green claims, recyclability and product sustainability are expected to have significant implications for exporters.

By adopting measurable sustainability practices, Forbes and Walker said it is better positioned to meet evolving regulatory requirements while strengthening its role within international supply chains.

As an intermediary between carbon neutral producers and buyers, the company said it helps extend sustainability practices across the supply chain, creating a pathway for responsibly produced tea.

Forbes and Walker said it remains focused on advancing initiatives that reduce emissions, promote renewable energy and support Sri Lanka’s transition towards a low-carbon economy.

BOC Flex powers nation’s cashless future through QR payments

With a dedicated workforce of over 9,000 employees across the island, Bank of Ceylon continues to drive Sri Lanka’s digital transformation by promoting QR payment solutions. Offering a fast, secure, and convenient way to make and receive payments, BOC Flex and Lanka QR empower customers and businesses to embrace cashless transactions with ease. Through this initiative, BOC is paving the way for a smarter and more digitally connected future.

Israel freezes $ 6.9 m in SL remittances in legal dispute with service provider

The Government yesterday said approximately $ 6.9 million remitted by Sri Lankan workers in Israel has been suspended due to legal proceedings involving remittance service provider Global Remit, rejecting claims that the funds were lost as a result of a cyberattack.

Around 5,100 Sri Lankan workers have been affected by the suspension, Foreign Affairs and Foreign Employment Deputy Minister Arun Hemachandra told Parliament.

Responding to concerns raised in Parliament, Deputy Minister of Foreign Affairs and Foreign Employment Arun Hemachandra said claims that worker remittances had disappeared as a result of a hacker attack were ‘completely false’.

He explained that approximately $ 6.9 million in remittances had been suspended due to legal proceedings initiated by Israeli authorities against Global Remit.

According to the Deputy Minister, around 5,100 Sri Lankan workers have been affected by the suspension.

Hemachandra said the Government is engaged in discussions at both banking and diplomatic levels to resolve the matter and facilitate the release of the funds.

He added that alternative remittance channels have already been introduced to ensure Sri Lankan workers in Israel can continue sending money home without disruption.

The Deputy Minister also said the Government remains focused on strengthening the economy despite challenges arising from instability in the Middle East and climate-related pressures, including the effects of El Niño.

He further noted that ongoing tax reforms and the digitalisation of the tax system form part of broader efforts to improve state revenue collection, while measures are also being taken to reduce waste and corruption and direct public funds towards public benefit.

Sri Lanka must sell value, not volume: Exporters

Sri Lanka’s leading exporters have endorsed the Government’s ambitious plan to boost exports to $ 36 billion by 2030, but warned that success will hinge on policy consistency, stronger global market access, supply chain reforms, and a decisive shift towards premium, value-added products rather than competing on volume.

Speaking at a panel discussion during the launch of the National Export Development Plan (NEDP) 2026-2030, Dilmah Ceylon Tea Company Chairman Dilhan C. Fernando and CEAT Kelani Holdings Ltd., Managing Director/CEO Ravi Dadlani outlined that Sri Lanka’s export future lies in leveraging quality, sustainability, and innovation rather than attempting to emulate manufacturing giants such as Vietnam and India.

Fernando said the country already possesses most of the ingredients required to achieve the NEDP’s ambitious export targets, but stressed that Sri Lanka must build its strategy around its unique strengths.

‘Sri Lanka must recognise that its competitive advantage is different from countries such as Vietnam. Our focus should be on value rather than volume,’ he said.

He pointed to products such as Ceylon Tea, Ceylon Cinnamon, and Ceylon Cashew, arguing that the country’s export success will depend on premium positioning, branding, and quality differentiation rather than price competition.

‘In the US market, Sri Lanka cannot compete with cassia on price. However, authentic Ceylon Cinnamon has unique characteristics that can command a premium if properly marketed and protected,’ Fernando said.

He warned that achieving such positioning would require significant investment in testing facilities, certification systems, and quality infrastructure, noting that many exporters still incur substantial costs by sending samples overseas for advanced testing.

Fernando also highlighted growing risks from evolving European regulations, insisting Sri Lankan exporters must rapidly strengthen traceability, sustainability, and responsible sourcing systems to maintain market access.

‘The EU’s evolving regulatory framework increasingly requires exporters to demonstrate sustainability, traceability, and responsible sourcing throughout their supply chains,’ he said.

He called for targeted support programs to help businesses comply with emerging standards, particularly in agriculture, where climate resilience and traceability are becoming prerequisites for accessing premium markets.

Meanwhile, Dadlani cautioned against direct comparisons with regional competitors, arguing that Sri Lanka’s challenge is fundamentally different due to the smaller scale of its economy.

‘Comparing Sri Lanka directly with Vietnam or India is difficult because the scale of those economies is vastly different,’ he said.

However, he welcomed the NEDP’s emphasis on expanding beyond traditional export sectors, describing diversification as critical to sustaining long-term growth.

For Dadlani, the biggest determinant of success will be whether the Government can maintain policy stability over several years.

‘The strategy is sound, but its success depends on maintaining policy stability over the next four to five years,’ he said.

He cited CEAT’s post-crisis investments in Sri Lanka as evidence that investor confidence remains intact despite global uncertainties and domestic economic challenges.

‘From our own experience, confidence in Sri Lanka remains strong. One of the largest post-crisis investments in the manufacturing sector came from India, with significant investment in new facilities. This demonstrates that investors continue to see opportunities in Sri Lanka despite global challenges,’ he added.

At the same time, Dadlani warned that weaknesses in domestic supply chains could constrain future growth, pointing specifically to the decline in Sri Lanka’s rubber production, which has forced manufacturers to depend increasingly on imported raw materials.

‘This is an area where coordinated support from institutions and policymakers will be crucial,’ he said.

Both business leaders also pointed to deeper structural reforms needed to support export expansion.

Fernando argued that exporters, particularly small and medium enterprises (SMEs), continue to face excessive bureaucracy and fragmented institutional support.

‘Exporting should not be a process that requires entrepreneurs to navigate multiple institutions and bureaucratic hurdles,’ he said.

He also called for stronger links between universities, research institutions, and industry, noting innovation and commercialisation remain underdeveloped despite Sri Lanka possessing significant research capabilities.

Fernando highlighted Sri Lanka’s limited network of trade agreements as a major disadvantage compared with competitors such as Vietnam.

‘Compared with countries such as Vietnam, Sri Lanka has far fewer free trade agreements. Expanding preferential market access is essential if we are serious about achieving export diversification and value addition,’ he said.

They also said success should be measured not only by export earnings, but by the transformation of the economy itself.

Dadlani said he would view the NEDP as successful if it attracts substantial investment into new export industries, while delivering measurable progress on policy commitments.

Fernando, meanwhile, said Sri Lanka has an opportunity to turn rising global sustainability standards into a competitive advantage.

‘If our exports can successfully position themselves around quality, traceability, geographical indications, and sustainability, then we can achieve premium market positioning and long-term growth,’ he said.