Rajeev takes over Peterite coaching at rugby

Former Peterite, Havies and national player, Rajeev Perera will be the Head Coach of the St. Peter’s rugby outfit for the 2026 rugby season.

Rajeev will have Akila Chathuranga as his assistant who crosses over from Ananda College who will look after the forwards while Randika Fernando will continue as their Assistant Coach for the three quarters.

St. Peter’s coaching staff for 2026:

Head Coach – Rajeew Perera

Assistant Coach (Forwards) – Amila Chathuranga

Assistant Coach (Backs) – Randima Fernando

Trainer – Ransilu Jayathilaka

Speed Trainer – Rohan Ferdinando

Physio – Rookantha Silva

Team Manager – Kamesh Manchana

MCA Super Premier T20 Hayleys suffer defeat by Fairfirst Insurance

In the starter game, Hayleys Group, one of the finalist in the knock-out 50 over tournament, suffered a 70 runs defeat in the hands of Fairfirst Insurance; the win fashioned by Thanuka Dabare (50 runs and 2/22) and Nimesh Vimukthi (34 not out and 2/08).

In the match that followed in the afternoon, the hurricane century by new recruit, Avishka Fernando (100 in 51 balls inclusive of 11 sixes and one four) was in vain for CDB, as Maliban Biscuits was helped with gutsy batting by Vishen Halambage (53), Dananjaya Lakshan (39) and Sanoj Dharshika (39) coasted to a fine five wickets win with five balls to spare.

Chief Scores:

At MCA/morning: Fairfirst Insurance beat Hayleys Group by 70 runs

Fairfirst Insurance – 169/6 in 20 overs (Thanuka Dabare 50, Gaviru Senhas 22, Anuk Fernando 22, Nimesh Vimukthi 34 not out, Moditha Ranatunga 15, G. Weerasinghe 15)

Hayleys Group – 99 all out in 15.4 overs (Sadeera Samarawickrama 17, Kavisha Anjula 19, Kalana Perera 20, Senitha Halambage 2/26 , Nimesh Vimukthi 2/08, Dilum Sudeera 2/16, Thanuka Dabare 2/22)

At MCA/afternoon: Maliban Biscuits beat CDB by five wickets

CDB – 206/05 in 20 overs (Shevon Daniel 34, Avishka Fernando 100, S. Dinusha 33)

Maliban Biscuits – 209/05 in 19.1 overs (Vishen Halambage 53, Dananjaya. Lakshan 39, Sanoj Dharshika 39, D. Hemantha 26, L. Madushanka 3/34)

CSE sets new benchmark, crosses 22,000 points

Colombo stock market extended its rally into 14th session and closed the week yesterday with the ASPI crossing the 22,000-point barrier for the first time and turnover hitting more than Rs. 9 billion.

The ASPI had gained 495.9 points during the week, up 2.24% and the S and P SL20 gained 75.94 points, up 0.12%. Foreigners were net sellers during the week with a net outflow of Rs. 389.65 million compared a net inflow of Rs. 236.6 million the previous week.

Yesterday, The ASPI closed up 0.65%, gaining 143.10 to 22,094.89. The active S and P SL20 closed 0.64% higher, up 39.30 points to 6,187.51. Turnover was Rs.9.75 billion on more than 439 million shares traded.

NDB Securities said the indices closed in green as a result of price gains in counters such as Melstacorp, Sampath Bank, and Dipped Products, with the turnover crossing Rs. 9.7 billion. High net worth and institutional investor participation was noted in Lanka Credit and Business Finance, DFCC Bank, and Commercial Bank.

Mixed interest was observed in Co-Operative Insurance Company, UB Finance Company and John Keells Holdings whilst retail interest was noted in Dipped Products, Capital Alliance Holdings and Browns Investments. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.

During the week the ASPI and the S and P SL20 gained 2.30% and 1.24% respectively whilst recording an average daily turnover of Rs. 6.66 billion.

The Banking sector was the top contributor to the market turnover (due to Commercial Bank and Pan Asia Banking Corporation) whilst the sector index gained 0.92%.

The share price of Commercial Bank gained Rs. 1.50 (0.78%) to close at Rs. 194.75. The share price of Pan Asia Banking Corporation appreciated by Rs. 2.20 (3.38%) to close at Rs. 67.20.

Diversified Financials sector was the second highest contributor to the market turnover (due to Lanka Credit and Business Finance Limited) whilst the sector index increased by 0.16%. The share price of Lanka Credit and Business Finance Limited increased by Rs. 1.30 (19.70%) to close at Rs. 7.90.

C T Holdings and Dipped Products were also included amongst the top turnover contributors. The share price of C T Holdings moved down by Rs. 19.50 (2.90%) to close at Rs. 652.50. The share price of Dipped Products recorded a gain of Rs. 5.20 (7.90%) to close at Rs. 71.00.

First Capital Research said that while the bullish sentiment in Colombo Stock Exchange continued for the 14th consecutive day, ASPI hit a new record high and ended the day at 22,095. This marked a gain of 143 points to the index.

Both retail and HNW investors demonstrated robust engagement throughout the session. MELS, SAMP, DIPD, HAYL and COMB were the top positive contributors to the index.

Turnover for the day stood at Rs. 9.8 billion, reflecting an increase of 45% compared to the monthly average that stands at around Rs. 6.8 billion. Significant HNW participation was observed in LCBF, which accounted for 14% of total turnover.

Banking sector took the lead in terms of sector wise contributions to turnover, with a share of 23%, followed by Diversified Financials sector and Capital Goods sector which produced a combined contribution of 37%. Foreign investors turned net sellers, recording a net outflow of Rs. 149 million.

Rotary SME conclave positions boutique hotel SMEs as tourism revival catalysts

The Rotary Club of Colombo East, in collaboration with Boutiques in Sri Lanka, successfully hosted the SME Conclave Boutique Hotel Development Workshop at the 80 Club in Colombo recently. This unique initiative brought together boutique hotel owners, service providers, and tourism SME suppliers and producers to explore new strategies, tools, and opportunities to strengthen Sri Lanka’s boutique tourism sector.

The workshop offered comprehensive insights into driving business growth and achieving long-term sustainability, covering strategic approaches and innovative practices, to strengthen their operations, enhance competitiveness, and create lasting value. Each session addressed a vital dimension of modern hospitality management.

The session on wellness and medical integration underscored the growing demand for health-conscious travel experiences in Sri Lanka, highlighting how boutique hotels can position themselves as destinations for rejuvenation, preventive care, and holistic well-being for both local and international travellers.

The discussion on AI and digital tools showcased how technology can revolutionise Sri Lanka’s boutique hospitality sector, enhancing operations, personalising guest experiences, streamlining bookings, and boosting marketing efforts to attract a discerning, tech-savvy traveller base.

Expanding on this, the segment on digital payment solutions emphasised the critical role of secure, seamless, and diverse payment options in elevating guest convenience and supporting Sri Lanka’s vision as a globally connected, cashless-friendly tourism destination.

The session on tailored financing for entrepreneurs addressed one of the most pressing challenges for SMEs: access to capital. Experts shared practical financing models and customised solutions designed to help boutique hotel operators fund expansions, upgrade infrastructure, and invest in new services without compromising financial stability.

Beyond the structured sessions, the workshop also created a dynamic space for networking and peer-to-peer learning. Participants engaged in meaningful conversations about elevating service quality, enhancing guest experiences, and building a strong brand identity in Sri Lanka’s competitive and rapidly evolving tourism landscape. This blend of knowledge sharing, innovation, and collaboration positioned the conclave as not just a workshop, but a platform for shaping the future of boutique hospitality in the country.

The event was supported by leading sponsors Global Health Asia-Pacific, Payable, and First Capital, whose contributions highlighted the value of cross-industry collaboration in empowering SMEs.

Given the critical importance of tourism in generating much-needed foreign exchange and driving Sri Lanka’s post-crisis economic recovery, boutique SMEs are uniquely positioned to play a pivotal role in shaping the country’s tourism identity. With their ability to offer authentic, personalised experiences and foster community-based hospitality, they serve as key drivers in differentiating Sri Lanka as a distinctive destination. This workshop marked an important starting point in strengthening and equipping these enterprises with the knowledge, tools, and collaborative networks necessary to realise that vision and take the boutique tourism sector to the next level.

ICC Women’s Cricket World Cup Playing two of the toughest teams at the start is beneficial to us – Athapaththu

Of all the teams taking part in the ICC Women’s Cricket World Cup, Sri Lanka has the toughest two matches to start their campaign.

They played host nation India in their first outing at Guwahati and lost it by 59 runs (DLS method) due to fielding errors and a stumble in their middle order batting. Today they confront the defending champions Australia at the R. Premadasa International Cricket Stadium, which is going to be no easy game either, but Captain Chamari Athapaththu relishes the challenge.

‘It’s really good for us to start against the strongest teams in the competition because after that we are coming up against teams like South Africa, New Zealand, Pakistan and Bangladesh whom we have beaten in the last 12-15 months. Playing the strong sides first gives us the opportunity to prepare well and learn from our mistakes. We are playing on home soil and we have a little bit of advantage, but at the end of the day we have to play our best cricket.’

‘We know tomorrow we are playing against the top team, the world champions. Australia is one of the best teams in this tournament. They have an experienced bowling and batting line up. If we can execute the right plans at the right time I know we can beat any team. Execution is the most important thing rather than skill and mindset. We are in a good mindset to play our best cricket. If we can play our best cricket we can change anything.’

Sri Lanka and Australia will be playing in a WODI after six years.

‘We played our last WODI against Australia in 2019 at Brisbane where I scored a hundred. Since then we have never played them because of COVID-19 and Australia were not in our cycle,’ said Athapaththu at the pre-match media conference yesterday.

‘Our preparation is good although we have not played any international games for the past 2-3 months. We also had a good domestic season. Sometimes as captain I can’t control those things. What I can control is my batting and bowling and my players’ mindset. We started the game against India very well but in the middle part we dropped a few catches and struggled in the middle overs. If we can improve on those areas I know we can give a good fight to the Aussies.’

Athapaththu said that in a tournament of this magnitude Sri Lanka cannot afford to make silly mistakes like they did against India.

‘The players have to take responsibility and they are answerable. This World Cup is the chance for our girls to put their hands up and perform because we are playing in our own conditions. There were strong discussions that took place between selectors, coaches and players after the match against India. The players have some pressure on them. What is important is how they play under pressure, otherwise, we cannot go far in this tournament.’

Australia’s opening batter Phoebe Litchfield said ‘there’s a beauty in the unknown at times’ when asked of her team’s approach against Sri Lanka as they had not met for quite a long time.

‘I think the last time we played them was in the T20 World Cup last year, and it’s a similar side. So, we’ve played them before, but I guess the beauty of a World Cup is you play every different side, and you have to prepare. You don’t really get time to learn. You’ve got to come out firing. And yeah, new conditions here as well. So, there’s a lot of challenges. But I think our group’s got some awesome heads on our shoulders and are able to assess conditions and adapt to whatever that’s thrown at us.’

Litchfield said the Sri Lankan spinners would be their biggest threat.

‘Their opening bowlers pose a threat, but I think their spin attack is where their work gets done. They’ve got four spinners that are completely different to each other. I think coming out here and seeing how it spins, that’ll probably be the biggest threat to us. Being able to adapt and play their spin really well because most of the middle overs are spin. And then, assessing that condition, if it’s spinning, if it’s not. Then hopefully, bowling really well on the flip side for us. We’ve got a pretty good side as well.’

Australia is coming into today’s game having smashed the New Zealand bowling for 326 runs in their opening fixture played at Indore.

Hayleys Travels wins Gold at South Asian Travel Awards 2025 as Leading Outbound Travel Agency

Hayleys Travels, a fully owned subsidiary of the Advantis Group, the transportation and logistics arm of Hayleys PLC, was honoured with the prestigious Gold Award for ‘Leading Travel Agency – Outbound’ at the 9th South Asian Travel Awards (SATA) 2025, held recently at the Cinnamon Grand Colombo.

The South Asian Travel Awards, recognised as the region’s premier platform celebrating excellence in tourism and hospitality, brought together industry leaders, tourism authorities, and partners from across South Asia. This year’s gala honoured 53 Gold and 113 Silver Award winners for excellence, innovation, and resilience.

Hayleys Travels was selected as the winner among numerous regional travel agencies for its expertise in curating seamless outbound travel experiences for travellers. The award recognises the company’s outstanding service standards, innovative offerings, and contribution to strengthening outbound tourism. Winners were chosen through a rigorous evaluation process by an expert panel of industry professionals, who assessed service quality, sustainability, and overall contribution to the travel and hospitality sector.

Advantis Group Managing Director Ruwan Waidyaratne said, ‘This recognition highlights Hayleys Travels’ leadership in outbound tourism and reflects our ongoing commitment to innovation, service excellence, and strengthening Sri Lanka’s presence in the global travel landscape. We will continue to build on this success, exploring new opportunities to delight travellers and expand our reach across the region.’

Hayleys Travels CEO/Director and Advantis Group Management Committee Member Gerard Victoria added, ‘Being named the ‘Leading Travel Agency – Outbound’ is a proud moment for our team. We are deeply grateful to our loyal customers, our dedicated staff, and our supportive airline and hospitality partners, whose trust and collaboration have been vital to our success. This award inspires us to keep raising the bar in delivering extraordinary travel experiences.’

Combining decades of industry expertise with a commitment to innovation, Hayleys Travels crafts tailored experiences for every type of traveller, from young explorers seeking adventure, families looking for seamless vacations, or seniors aiming to enjoy life’s pleasures. Guided by a customer-first approach and strong partnerships with airlines and hospitality providers, Hayleys Travels transforms travel dreams into memorable journeys, making every trip effortless, enjoyable, and unforgettable.

Images to accompany the Press Release

Caption for Image 1 –

Hayleys Travels Director/CEO Gerard Victoria receiving award

Caption for Image 2 –

From left: Outbound Manager Belinda De Silva, Director Chamil Udawatte, Director/CEO Gerard Victoria, Director Shareek Ahmed, and Key Account Manager Manisha Siriwardena

Roger Menezes reflects on musical journey of hits and memories

Roger Menezes’ name will resonate with anyone who’s grown up listening to the soundtrack of Sri Lanka’s golden era of music. With a career spanning over five decades, he’s shared the stage with legendary bands like The Jetliners, The Savages, Thunderbirds, and Fireflies, and later led his own ensemble, Roger and the Webs, before making Sydney, Australia, his home in 1973.

Known for his signature ‘hits and memories’ style, a blend of jazz, pop, and classic rock, Roger still draws crowds whenever he returns to Sri Lanka, performing at major venues and connecting with devoted fans.

In this exclusive interview, he reflects on his musical journey, the evolution of Sri Lanka’s music scene, and his thoughts on the role of AI in shaping the future of music.

By Michelle Therese Alles

Q: Roger, take us back to the very beginning: what inspired you to pursue music, and when did you realise it could become a career?

A: Being a Menezes, music was always in my DNA. I started playing drums at the age of 10, but what really inspired me was listening to the collection of jazz vinyls owned by my father, Mickey Menezes. From there, I never looked back; I just kept playing and loving music with a passion.

Q: Who were your earliest musical influences, and how did they shape your style and lead to the most defining moment in your musical journey?

A: My earliest musical influences were the jazz greats such as Dave Brubeck, Count Basie, Oscar Peterson, Glenn Miller, Stan Getz, Barney Kessel, and Gene Krupa.

Later on, artists like George Benson, Carlos Santana, and Tommy Emmanuel helped shape my approach to guitar, giving my music a slightly jazzy feel. The most defining moment in my musical journey came when I joined my first band, The Savages, as a drummer, taking over the spot of ‘Ringo Starr’ (each member adopting a different Beatle persona) in what was considered Sri Lanka’s answer to The Beatles back in the 1960s. From there, it was smooth sailing all the way.

Q: How do you stay true to your style while also exploring new sounds or trends?

A: For me, staying true to my style is all about humility. Ego has no place in music. When I receive compliments, I usually say, ‘I’m still learning,’ because every day offers something new to discover. A solo I play today might sound completely different tomorrow, depending on how I feel at that moment, and that’s the beauty of music, it evolves with you. I’m not a heavy rock guitarist; I lean more towards a ‘hits and memories’ style, but I always try to add my own twist. Exploring new sounds and trends is important, but I believe it should always come from the heart. That way, you grow while still keeping your own voice.

Q: What challenges did you face in your early days as a musician, and how did you overcome them?

A: Well, there were so many! We didn’t have access to branded guitars, selective guitar strings, quality amplification, or even our own transport. Recording facilities were limited as well. Most of the time, we rehearsed at my home, and I think the neighbours actually enjoyed it! However, coordinating five or six band members on the same day was always tricky, as everyone had their own commitments. But our shared passion for music kept us going, and we found ways to make it work.

Q: Are there any collaborations that had a significant impact on your growth as an artist?

A: I’ve had the pleasure of performing with George Golla, one of Australia’s leading jazz guitarists. Next was a personal meeting with Hank B. Marvin of The Shadows, and he showed me his effects setup and even let me play his guitar, which was an amazing experience.

Hank has two Stratocaster guitars, one strung with light gauge strings, which he uses for pieces like Sleepwalk and Cavatina (The Deer Hunter theme), and another with heavier gauge strings for Shadows’ classics such as Shadoogie, Dance On, and Foot Tapper.

I also had a memorable chat with George Benson, who shared some valuable techniques and insights with me.

Q: How has the music scene in Sri Lanka evolved since you began?

A: The music scene in Sri Lanka has grown a lot from back then, and has overall become more vibrant and dynamic.

Q: What role does live performance play in your musical expression, and how do you connect with your audiences?

A: Professionalism and discipline are crucial, and it’s important to play for the audience, not just for oneself. Every performance should be done with love. You also need to read your audience, especially their age group, and mix your songs accordingly to make them pleasing to the ears. Never underestimate your listeners, even if there’s just one person paying attention. Have a playlist ready, but be flexible and adjust it on the go based on the crowd. You can’t please everyone, but you can aim to please as many as possible.

Q: With AI tools becoming increasingly popular in music creation and production, how do you feel about new musicians using AI, and what impact do you think it might have on the future of the industry?

A: Well, we’ve got to move with the times! The use of AI in music creation brings both exciting opportunities and new challenges for the industry. It’s especially popular among younger musicians and is gaining widespread acceptance. However, it allows anyone with a laptop to produce music without prior training or any formal musical education. Ultimately, the future of music will be shaped by how artists embrace these tools. As AI continues to grow, it will play an increasingly important role in the creative side of the industry.

NSB pays Rs. 6 b dividend to Treasury

The National Savings Bank (NSB) has approved a dividend of Rs. 6 billion to its sole shareholder, the General Treasury, following robust financial results.

The bank posted a Profit Before Tax (PBT) of Rs. 28.5 billion in 2024 and Rs. 25.5 billion during the first half of 2025, reflecting what officials described as operational excellence and strong governance.

This performance has enabled NSB to deliver one of the largest State bank contributions to Government coffers this year.

The official dividend notice was handed over to Treasury Secretary Dr. Harshana Suriyapperuma at the Finance, Planning and Economic Development Ministry.

The event was attended by Department of National Budget Director General Jude Nilukshan, NSB Chairman Dr. Harsha Cabral, PC, General Manager/CEO Shashi Kandambi, Chief Financial Officer Ajith Akmeemana, and Department of Public Enterprises Director Susantha Ranasinghe.

Govt. commits to anchor recovery on fiscal discipline, reforms and digitalisation

Sri Lanka’s economic recovery will continue to be anchored on fiscal discipline, with the Government preparing a set of governance, legislative and digital reforms to strengthen stability and sustain growth into 2026, Treasury Secretary Dr. Harshana Suriyapperuma said yesterday.

Addressing the Annual Conference on Public Sector Reforms for Economic Revival organised by CA Sri Lanka and the Association of Public Finance Accountants, he said the administration is operating under tight timelines, with the budget cycle underway and the IMF’s fifth review in progress.

‘The good news is, as a nation, we are in a better place, much better than we were. One of the key reasons behind that achievement and the journey is the financial discipline. The present administration has implemented and is diligently following up on those lines to make sure we will continue the journey better than how it was before,’ he said.

The Treasury Secretary’s remarks come as the Central Bank reported the overall budget deficit for the first eight months of 2025 had fallen 54.9% year-on-year to Rs. 411 billion, compared with Rs. 911 billion a year ago.

Outstanding Government debt rose 3% in the first half of 2025 to Rs. 29.6 trillion, with domestic debt up 2.7% to Rs. 18.8 trillion and foreign debt up 3.8% to Rs. 10.8 trillion.

Treasury Bills outstanding fell 3.4% to Rs. 3.9 trillion while Bonds rose 6% to Rs. 14.9 trillion.

Dr. Suriyapperuma said that confidence was returning with businesses preparing to expand and foreign investors showing renewed interest. ‘Growth is taking shape, confidence is getting back into businesses to invest, for FDI to flow into the country, businesses to expand, capacity building at all levels to ensure ventures move to the next stage,’ the Treasury Secretary added.

Reforms, both ongoing and planned, will be central to meeting these expectations. ‘Some of the reforms, we are in the middle of those reforms and some of the changes to the legislations and certain reforms are expected also. These reforms are in terms of legislature, in terms of enhancements to the governance structure, enhancements to the reporting frameworks,’ he said.

Dr. Suriyapperuma cited the appointment of independent directors to State banks under a new framework as an example of governance improvements, noting that the initiative had the direct backing of the President and professional institutes.

‘There are many such reforms that have been implemented and we are in the process of continuing to implement,’ he added. Several new laws are being prepared for presentation to Parliament before the end of the financial year.

Strengthening capacity in the public sector, especially through professional qualifications and recognition of public finance accountants, was essential to improving governance and reporting. ‘We need to ensure team members have adequate capacity, understanding, continuous improvements and updates to their knowledge base,’ he said.

Digitalisation was also highlighted as a cornerstone of reform. ‘Another key element is the digital journey, to have seamless engagements to obtain government service, to have seamless access to publish finances, whether it is a working day or weekend 24-7, whether you are in Sri Lanka or outside Sri Lanka, to have access to services through digital means. This is the modern Sri Lanka that we were waiting for, that journey has begun.’

He said political, economic and social stability were converging to provide a stronger foundation for citizens and businesses.

Despite near-term gains, medium-term risks remain from Sri Lanka’s restructured debt. The IMF has warned that macro-linked Bonds could add between $ 150 million and $ 270 million annually to debt service from 2028 until 2038 if GDP exceeds certain thresholds. Once triggered, these payments would continue even if growth later slows.

‘In the case of Sri Lanka, the one-time adjustment nature of the macro-linked Bonds presents risks to Sri Lanka as higher payments after 2028, once triggered, would persist even if economic performance were to deteriorate thereafter,’ the IMF said in a September working paper.

However, the Treasury Secretary was upbeat.

‘We want to walk into 2026 with more confidence, with more opportunities, more options for citizens, businesses and enterprises, and the SME sector,’ he told the conference.

‘They can perform better, make more profits, hire more employees, in a modern Sri Lanka, a modern structure that is available for all, creating a level playing field for all businesses, whether they are competing from overseas or whether they are investors locally, to have the best products, invite best technologies, invite best capital pools to consider Sri Lanka as a vibrant destination for business engagements,’ the Treasury Secretary said.