World Tourism Day 2025 celebrations and Colombo Travel Mart 2025 at One Galle Face

The World Tourism Day 2025 celebrations and Colombo Travel Mart 2025 were inaugurated at One Galle Face, Colombo on 27 September 2025 with participation of Tourism Deputy Minister Prof. Ruwan Ranasinghe.

World Tourism Day celebrations begin in partnership with the Tourism Ministry, Sri Lanka Tourism Development Authority (SLTDA), Sri Lanka Association of Inbound Tour Operators (SLAITO), and the Alumni Association of Tourism Economics and Hospitality Management (AATEHM). The Colombo Travel Mart 2025 was opened on 27 September at One Galle Face, bringing together the tourism industry and the young professionals to mark The World Tourism Day 2025.

Tourism Deputy Minister Prof. Ruwan Ranasinghe, High Commissioner of New Zealand to Sri Lanka David Pine, SLTDA Chairman Buddhika Hewawasam, SLITHM and SLCB Chairman Dheera Hettiarachi, UN World Tourism Organisation Director of International Development and Cooperation Jaime Mayaki, AATEHM President Nihal Muhandiram, SLAITO Vice President Nishad Wijethunga, THASL President M. Shanthikumar, and industry stakeholders of tourism attended the opening ceremony.

The program began with a welcome address by Alumni Association of Tourism Economics and Hospitality Management President Nihal Muhandiram. He said that the University of Colombo had been central in shaping leaders for the tourism industry and stressed that academic partnerships must continue if the sector is to grow.

SLTDA Chairman Buddhika Hewawasam said that the Travel Mart had matured into an important fixture in the tourism calendar. He called for closer collaboration between the state and private stakeholders and urged the industry to keep pace with innovation and sustainable practices. He added that Sri Lanka’s brand must be strengthened through service quality and unique visitor experiences.

UN Tourism International Development and Cooperation Director Jaime Mayaki, followed with his remarks. He said that Sri Lanka had a clear opportunity to lead South Asia in sustainable tourism and reminded the audience that global partnerships can bring new markets and shared knowledge. He added that Sri Lanka’s natural and cultural assets already give it a strong base to compete internationally.

High Commissioner of New Zealand to Sri Lanka David Pine delivered the keynote speech. He said that tourism is a central part of New Zealand’s engagement with Sri Lanka, alongside education, sports, and culture. He noted that tourism is vital for Sri Lanka’s economic recovery as it generates foreign exchange while other sectors continue to develop. He added that New Zealand visitors arriving in the country would significantly increase in the coming months. He observed that this growth fits with Sri Lanka’s national tourism policy, which promotes sustainability, community involvement, and environmental protection. The High Commissioner also pointed to growing interest from New Zealand investors, ranging from boutique hotels to wellness retreats, as well as strong enthusiasm from the Sri Lankan community in New Zealand. He stressed the importance of building skilled people for the industry, highlighting partnerships with institutions such as the University of Colombo to support training, research, and capacity building. Recalling a recent visit, he said that he was encouraged by the creativity and dedication of young students gaining practical experience in hospitality. He added that New Zealand is committed to working with the Sri Lankan Government, the tourism sector, and educational institutions to help bring more international travellers to experience the country’s culture and natural beauty.

SLAITO Immediate Past President Nishad Wijetunga, said that inbound tourism had shown resilience despite global challenges. He urged operators to maintain service quality and adapt to new travel trends, pointing to opportunities in adventure, eco-tourism, and cultural experiences.

Tourism Deputy Minister Prof. Ruwan Ranasinghe addressed the gathering last. He said that the Government was committed to supporting the industry through policy reforms and investment. He noted that tourism had the potential to create thousands of jobs for the younger generation and stressed that the link between education and employment must be strengthened.

After the ceremony, dignitaries proceeded to officially open the Colombo Travel Mart, which continued throughout the day with business-to-business and business-to-consumer exchanges. The Travel Mart demonstrated how tourism could drive economic opportunity by linking international partnerships with local futures.

ACS Capital partners Edinburgh University Trading and Investment Club

ACS Capital, a licenced capital markets firm in Sri Lanka, has announced a strategic partnership with the Edinburgh University Trading and Investment Club (EUTIC), founded in 1998 and recognised as Scotland’s largest student-led investment fund.

Through the strategic partnership with EUTIC, ACS Capital enhances its role in advancing frontier market expertise and building international awareness of Sri Lanka’s investment landscape, while highlighting Sri Lanka as a key case study within global capital markets.

ACS Capital Strategy Head Ryan Thineth said: ‘This partnership provides a valuable platform to highlight Sri Lanka’s position within frontier markets and to advance academic-industry engagement, supporting the development of future financial leaders with a stronger understanding of under-researched economies.’

The initiative is expected to strengthen academic-industry engagement and highlight opportunities in frontier markets, reinforcing ACS Capital’s commitment to positioning Sri Lanka within the global investment dialogue.

Malaysian duo Duncan, Zoe win Reliance PSA Challenger Open Championship

Malaysian duo Duncan Lee and Zoe Foo were crowned 2025 Reliance PSA

Challenger Open champions after Zoe Foo defeated Raifa Yattaqi from Indonesia and Duncan Lee got the better of Omar El Torkey of Egypt in a fiery encounter in the finals.

The Reliance PSA Challenger Championship 2025, a 6K Men’s/3K Women’s

Challenger event on the PSA Squash Tour, took place recently at Air Force Squash Complex in Ratmalana. Finals and award ceremony took place with Singer Finance PLC CEO Thishan Amarasuriya attending the occasion as Chief Guest.

Third seed, Duncan Lee and unseeded Omar El Torket who downed second seed home favourite Ravindu Laksiri in quarter finals were the two stand out performers at the top of the Men’s game, and look set to enjoy a fierce fight for the top position.

Omar made a perfect start to the match, taking a 1-0 lead at 11/6.

Malaysian national Champion Duncan fought back strongly to win the second set 12/10 to tally the set scores at 1-1. Duncan kept the momentum to win the last two games at 11/3 and 11/4 to take the 2025 Reliance PSA Challenger Men’s Open title.

Women’s open final saw fifth seed Zoe Foo being given a tough fight by Rafia Yattaqi. Zoe took the first set quite easily at 11/6 before conceding the second set at 11/7. Zoe managed to take the last two sets although the last set went down to the wire at 13/11 to win the 2025 Reliance PSA Challenger Women’s Open title.

The tournament was organised by Sri Lanka Squash under the guidance of

Professional Squash Association (PSA) and sponsored by Reliance logistics with participation of 27 participants from 10 countries.

Reliance Logistics was the main sponsor while Rajat Agro commodities, Sana Lanka Trading, SP Agro, Venus Commodities and Amro sugars supported as co-sponsors. PEO TV was the official broadcast partner for the tournament.

NCINGA secures deal for SLs first banking Customer Data Platform

NCINGA yesterday announced that the global technology solutions provider has secured a landmark deal with one of Sri Lanka’s leading banks to implement the country’s first Customer Data Platform (CDP) for hyper-personalised banking experiences.

The project will move into the build and deployment phase in the coming months. Upon completion, the CDP will empower the bank to deliver targeted services, offers, and content; improve digital customer engagement; and drive higher customer lifetime value.

This strategic mandate is a historic first for Sri Lanka’s banking industry and its digital transformation trajectory. Demographic shifts and increased mobile adoption are changing consumer behaviour. CDPs provide banks with the technological foundation to keep abreast of these changes and cultivate more valuable, long-lasting customer relationships. These solutions leverage Artificial Intelligence (AI) and Machine Learning (ML) capabilities to unify data from omni-channels, build customer personas, analyse the entire customer journey, and provide personalised experiences across all customer touch points in real-time.

As CDP adoption is a key step in becoming a true AI-powered bank, a majority of CMOs across industries have marked CDPs as a priority in their two year plans. Any business that has invested in a data warehouse, a Customer Relationship Management (CRM) platform, a mobile app, super app, or even a social listening tool, is already on a CDP journey. NCINGA, with its emphasis on delivering future-oriented technology solutions, has been one of the earliest advocates of CDP adoption in multiple industries. This project will serve as a benchmark for banking industry innovation in Sri Lanka and the wider Asia-Pacific region.

NCINGA Cloud Practice VP Isuru Ponnamperuma said: ‘NCINGA is creating history in Sri Lanka’s CDP adoption journey. We were ahead of the curve, educating the market on AI-driven marketing technologies that drive hyper-personalisation. Earlier in the year, we organised an industry event together with our partners to share more insights about CDP-driven hyper-personalisation. CDPs are the next frontier for B2C businesses, and most importantly, these platforms are never static; they will evolve, and with that, so will your business.’

NCINGA’s comprehensive CDP solutions include custom plug-ins for additional data streams, generative AI integration, and hybrid cloud and on-premise deployments. We also work with businesses to build customised data warehouses, analytical models, and dashboards.

Confirmation bias: Silently destroying meritocracy, objectivity and fairness

The varied public response to recent incidents ranging from the arrest of Ranil Wickremesinghe, former president and prominent politician of Sri Lanka to the assassination of Charlie Kirk, American right-wing political activist, evidence that our assessment of, and response to, events are primarily based on our like or dislike of the individual, or individuals, involved rather than on an objective and unemotional interpretation of the underlying facts. When we base our opinions and conclusions on our likes or dislikes of the individual rather than on the facts, we undermine the principles of fairness, justice, ethics, and integrity that underpin our society.

These responses are not a matter of momentary lapses in judgment. They are a fundamental corruption of our ethical framework. The shift from ‘what is right?’ to ‘who is involved?’ represents a dangerous regression that can lead to profound and lasting damage to our innate values and those values that were nurtured in us by our parents, teachers, spiritual leaders, and the generations before us. Till about 50 years ago, there was significant congruence in our interpretation of what was right and wrong.

My father was an example of one who expressed a straightforward binary assessment of an action, irrespective of who was involved. To him, there was a clear ‘right’ or ‘wrong’; a ‘black’ or a ‘white’. There were no greys or shades of grey. There were no fences to sit on. His views on a matter were based on his unbiased interpretation of facts, and such interpretation did not vary based on who was involved. Oft were the times when he found in favour of a third party over his immediate kith and kin. He had no qualms or hesitancy in telling his wife and/or his sons that they were wrong. Compare this with the current tendency of people protecting kith and kin even when they are blatantly at fault!

Principles like fairness, transparency, accountability, and objectivity were not created arbitrarily. They are the foundation and scaffolding of a just and functional society, providing a way to ensure that decisions are based on facts and the merit of those facts, rather than whim or bias. These principles have served us, and serve us, as a universal standard and a moral compass that guides our actions even when the path is difficult. They provide common ground, a shared language for what is acceptable and what is not. They are impersonal and are a bulwark against the inherent biases that plague human nature.

Erosion of fair play, transparency, ethicality, and objectivity

However, a random survey of global events raises questions about whether these principles remain valid. From the recent bribery scandal of software giant SAP to the indiscriminate killing of innocent civilians caught in the middle of Israel’s invasion of Gaza, there are a multitude of instances, both in corporate and political spheres, that demonstrate an erosion of fair play, transparency, ethicality, and objectivity.

Fairness is the principle of treating everyone with impartiality and without bias. It is about ensuring that the rules apply equally to all, regardless of their background, wealth, or status. When a justice system is fair, people trust it. When hiring practices are fair, opportunities are open to a wider range of talent. When economic policies are fair, they do not disproportionately benefit one group at the expense of another. Without fairness, society devolves into a game of favouritism, where connections matter more than competence and the powerful can act with impunity. This breeds resentment and division, undermining social cohesion.

Transparency is about openness. It is the idea that decisions, especially those made by institutions and governments, should be visible and accessible to the public, i.e., a right to information. Think of it as a society’s anti-corruption mechanism. When processes are transparent, it is much harder for backroom deals to happen or for power to be abused. For example, transparent government budgets allow citizens to see where their tax money is going. Transparent legal proceedings ensure that justice is not a secret affair. This visibility builds trust between the people and their institutions. When people can see how and why decisions are made, they are more likely to accept them, even if they disagree. In the absence of transparency, rumours and suspicion thrive, eroding public confidence and creating a fertile ground for corruption.

Accountability is the obligation of individuals or organisations to answer for their actions. It is the question ‘who is responsible?’ Without accountability, there is no consequence for mistakes or wrongdoing. A government that is not accountable can make terrible decisions without fear of repercussion. A corporation that is not accountable for its pollution can continue to harm the environment. This principle ensures that power is not a free pass. It holds individuals and institutions responsible for their duties and ethical conduct. When leaders are held accountable for their promises, they are more likely to be careful and deliberate in their actions. Accountability is what makes a system self-correct. It provides a mechanism to learn from errors and prevent their repetition. Natural machine learning!

Objectivity means basing decisions on facts and evidence, not on personal feelings or prejudices. It is the pursuit of truth over opinion. In a fair and just society, decisions are made on the merits of a case. A jury’s verdict is supposed to be based on the evidence presented, not on its personal biases. Scientists’ findings are evaluated based on data, not on their reputation. Objectivity ensures that outcomes are based on reality, not on someone’s subjective viewpoint. It is the cornerstone of rational thought and a prerequisite for making sound judgments. Without objectivity, we lose the ability to distinguish between fact and fiction, making us vulnerable to manipulation and misinformation.

Principled evaluation and person-centric evaluation

The transition from principled evaluation to person-centric evaluation is often a gradual and insidious process. It rarely happens overnight. It begins with small, seemingly harmless concessions. We overlook a minor mistake from a colleague we enjoy working with, while we make a song and dance of the same error from someone, who we dislike. We rationalise them. ‘It was a one-time thing,’ or ‘They are usually so good,’ or ‘He has done so much for the country.’ Meanwhile, we apply a different, more stringent standard to the people we dislike, often magnifying their faults and minimising their successes.

This is the psychological trap of confirmation bias in action. Confirmation bias is a cognitive shortcut where people seek, interpret, and favour information that confirms their pre-existing beliefs while ignoring or downplaying contradictory evidence. It is a pervasive phenomenon that affects us all, often without us even realising it. We seek out and interpret information in a way that confirms our pre-existing beliefs. If we like someone, we look for evidence of their good qualities and downplay their negative ones. If we dislike them, we do the opposite. This may not be a conscious, malicious act in most cases. It is an unconscious cognitive shortcut that allows our brains to justify our emotions. Its pervasiveness, though, makes it appear more the norm than the exception.

Confirmation bias shapes our social circles and personal judgments. People often gravitate towards others who share their views, creating ‘echo chambers’. This is particularly evident on social media. You follow people and news sources you agree with, and the algorithm, in turn, feeds you more of the same, reinforcing your beliefs and rarely exposing you to opposing viewpoints. Stereotyping is another social example. If you believe a certain group of people is lazy, you will pay more attention to and remember instances of laziness of individuals within that group. You will overlook any evidence that contradicts your stereotype. This selective attention and memory perpetuate and strengthen the stereotype in your mind.

Confirmation bias is a major driver of political polarisation. Voters often seek out news outlets that align with their political ideology. For instance, a conservative person may watch a news channel known for its right-leaning perspective, while a liberal person watches a left-leaning one. When a political scandal breaks, both viewers will interpret the same event in a way that confirms their pre-existing belief about the trustworthiness of the party involved. They will focus on details that support their side and dismiss information that could be seen as favourable to the opposition. This bias is how people evaluate candidates. A voter who supports a particular candidate will interpret his/her campaign speeches, actions, and even gaffes in the most charitable light possible, while a voter who opposes the candidate will view the same things as signs of incompetence or malice. The result is two groups of people who see the same events through entirely different lenses, convinced that their own interpretation is the only rational one.

In the corporate world, confirmation bias can lead to poor decision-making and missed opportunities. It is prevalent in hiring, strategic planning et cetera. A hiring manager, for example, might have a positive first impression of a candidate’s resume and then interview with the subconscious goal of confirming that impression. They will ask leading questions and pay more attention to answers that validate their initial gut feeling, overlooking red flags or a more qualified candidate. A CEO who is convinced that a new product idea is a guaranteed success may influence his team to ‘prove’ the concept’s viability. The team, knowing what the CEO wants, will conduct market research that asks biased questions or only seeks out data that supports the desired outcome. Any contradictory data is ignored or downplayed, leading to a flawed business plan and an elevated risk of failure. This ‘groupthink,’ is also a collective form of confirmation bias.

Consequence of confirmation bias

The consequence of confirmation bias is a system where the ‘rules’ become flexible, a sliding scale dependent on who is being evaluated. This creates a deeply unstable and unpredictable environment. Individuals who are ‘in’ with the right people are given preferential treatment, while others who may be more deserving and principled are marginalised. The repercussions of such an approach are far-reaching and destructive, impacting individuals, organisations, and society.

The corollaries of confirmation bias are, > Loss of trust and morale. When people see that favouritism and personal bias, not merit, are the true drivers of success, they lose faith in the system. Why work hard, innovate, or uphold ethical standards if the path to success is simply a popularity contest? This leads to a decline in morale, a loss of motivation, and a sense of profound injustice. Talented and principled individuals will either leave or become cynical and disengaged. They realise that their efforts are not valued, and they are playing a game with ever-changing rules, > Rise of mediocrity. A system based on ‘likeability’ inherently rewards the wrong traits. It prioritises social manoeuvring, charm, and the ability to conform over competence, integrity, and innovation. The person who is most effective at office politics, and not the most skilled person, gets the promotion. This leads to a leadership vacuum filled with individuals who may be well-liked but are ill-equipped to handle the challenges of their roles. The quality of work, products, or services will decline, as the organisation is no longer driven by excellence, > Creation of a toxic culture. When personal feelings dictate outcomes, the workplace or community becomes a minefield. People become wary, carefully monitoring their words and actions to avoid arousing the disapproval of those in power. Instead of fostering open communication and constructive feedback, this environment encourages sycophancy, backstabbing, and a culture of fear. Conflict resolution becomes impossible because the ‘facts’ are not the issue, who you are is the issue, > Perpetuation of injustice. This is the most serious consequence. A system based on personal bias is inherently unfair. It disproportionately affects those who are different, i.e., who may be introverted, from a different background, or simply not as socially adept. It creates a powerful and exclusive in-group, where those who are like the decision-makers are favoured. This is a primary mechanism through which unconscious bias and systemic discrimination operate. It is not always overt racism or sexism; it is often the subtle, daily favouritism shown to people who are ‘like us,’ at the expense of those who are not.

Reversing this trend is not easy, but it is essential. It requires a conscious, collective effort to re-centre our focus on principles, not personalities. We can do so by, > Acknowledging and Combating bias. The first step is to admit that we are all susceptible to bias. It is a fundamental part of being human. We must train ourselves to recognise when our feelings about a person are influencing our judgment. When evaluating someone, ask yourself: ‘Am I judging these people based on their actions and results, or based on whether I find them pleasant or difficult?’ Use objective criteria wherever possible, > Implementing clear and objective metrics. To the greatest extent possible, remove the subjective element from evaluations. Instead of vague criteria like ‘good attitude,’ use specific, measurable metrics. For a performance review, focus on concrete achievements, project outcomes, and adherence to company standards. For a judicial process, rely on evidence and legal precedent, not the character of the defendant. This is not to say that all human interaction can be quantified, but that we can create a framework that minimises the room for opinion to take root, > Fostering a culture of accountability. Leaders and individuals must be held accountable for their decisions. If a manager promotes a less-qualified person over a more-qualified one, there should be a system to question and address that decision. This requires a culture where challenges and questioning are not only safe but encouraged. Ethical principles must be actively championed from the top down and enforced consistently, with no exceptions for those who are ‘well-liked.’, > Redefining leadership and success. We must change the narrative around what makes a good leader or a successful person. We need to value integrity, competence, and humility as much as, if not more than, charisma and social skills. We must tell stories that celebrate principled decisions, even when they are unpopular, and highlight the long-term damage of decisions based on favouritism.

Mounting evidence that our values and ethical principles are driven by whether we like or dislike the person being evaluated is a worrying indicator of a growing cultural sickness. It points to a deep-seated vulnerability in human systems. It exposes our tendency to let personal emotions override our commitment to objective truth and fairness. The path back requires a conscious and sustained effort to re-establish the primacy of principles. It means a renewed commitment to justice, not just as an abstract ideal, but as a practical, daily discipline. It demands that we ask not who we are evaluating, but what the facts and principles dictate. For if we lose sight of this, we risk not just a loss of trust or morale; we silently contribute to the destruction of meritocracy and objectivity. The rule of law must always prevail.

Singer Sri Lanka unveils latest Huawei wearables and tablet lineup

Singer Sri Lanka PLC, announced the launch of Huawei’s latest range of smart wearables and tablets, introducing world-class technology to both its retail network and wider national distribution channels.

The new lineup includes the Huawei Watch Fit 4, Huawei Band 10, Huawei FreeBuds SE2, and Huawei MatePad SE11, each meticulously engineered to meet the needs of both trendsetters to seasoned professionals who value style, innovation, and reliability.

Singer Sri Lanka PLC Group Managing Director Mahesh Wijewardene said, ‘Singer continues to bring the world’s leading technology brands to Sri Lankan youth consumers. With this latest Huawei lineup, we’re delivering far more than just devices; we’re offering tools that empower people to live smarter, healthier, and more connected lives. Each product has been selected to combine elegant design with advanced technology, so customers don’t have to choose between aesthetics and functionality.’

At the forefront of the range, the Huawei Watch Fit 4 offers next-level fitness tracking with professional-grade accuracy, an impressive 10-day battery life, and an ultra-slim design that’s equally suited for the gym or the office. Its vibrant AMOLED display ensures clear visibility even under bright sunlight, while its seamless compatibility with both Android and iOS devices makes it versatile for any user.

The Huawei Band 10 combines style and function with a skin-friendly fluororubber strap for all-day comfort. It offers advanced TruSleep analysis, stress monitoring through its wellbeing assistant, and AI-driven coaching tailored for swimming and running. With over 100 workout modes, it is designed for fitness enthusiasts who want to track performance in detail.

The Huawei FreeBuds SE2 complement this with up to 40 hours of battery life, crystal-clear sound powered by Huawei’s audio algorithms, and a lightweight, compact design for lasting comfort. With instant pairing, they make enjoying music and calls seamless and hassle-free.

Completing the lineup is the Huawei MatePad SE11, featuring a sleek metal unibody design for premium durability. Its expansive 11-inch eye-comfort full-view display is TÜV Rheinland-certified for low blue light and flicker-free performance, protecting users’ eyes during extended use. The large 7700mAh battery provides all-day productivity, and family-friendly features like Kids Corner and Growth Partner make it equally suitable for learning, entertainment, and creativity.

These devices can now be purchased across Singer’s island-wide retail outlets and through its extensive network of authorised distribution partners.

AIA Insurance crowned Sri Lanka’s No.1 MDRT company

AIA Insurance yesterday announced its continued dominance in the life insurance industry, being recognised as Sri Lanka’s #1 MDRT (Million Dollar Round Table) company with the highest number of MDRT members.

It said with a remarkable 332 MDRT Members in 2025- across Agency Distribution (including Alternate) and Partnership Distribution sales channels-AIA continues to set the standard for excellence, professionalism, and customer-centric service in the insurance industry.

MDRT membership is internationally recognised as the pinnacle of success in the life insurance and financial services industry. To qualify, advisors must meet stringent requirements in premium generation, demonstrate exceptional professional knowledge, uphold the highest ethical standards, and deliver outstanding client service. Being named Sri Lanka’s #1 MDRT company reinforces AIA’s role as a trusted leader in empowering Sri Lankans to secure their financial futures, protect what matters most, and live healthier, longer, better lives.

AIA Sri Lanka Director and CEO Chathuri Munaweera said: ‘AIA is driven by the purpose to help people live healthier, longer, better lives. Achieving the #1 MDRT ranking in Sri Lanka is a powerful validation of the dedication and impact of our sales personnel from agency distribution, agency alternate and partnership distribution channels. Their ability to consistently deliver world-class service, values that they uphold and the shared commitment to keep living them are truly inspiring.’ AIA said its success in Sri Lanka is part of a larger story. In 2025, AIA Group was once again recognised as the #1 MDRT multinational company in the world, marking its 11th consecutive year at the top. In addition to AIA’s global #1 MDRT status, 11 of its markets, including Hong Kong SAR, China, Thailand, India, Singapore, Malaysia, Macau SAR, Myanmar and Sri Lanka achieved #1 MDRT status, with the highest number of qualifying insurance agents in their respective markets.

Lacklustre Government, blessed by the Opposition

During her 107-day presidential election campaign, Kamala Harris (having inherited the Democratic Party candidacy after the precipitous departure of Joe Biden) tried to project herself as the true change agent. That image was blown to smithereens on the talk-show ‘The View’, just a month before the election. Asked what she would have done differently from President Biden in the last four years, she answered: ‘There’s not a thing that comes to mind.’

Her ‘Not a thing’ answer horrified Democrats, thrilled Republicans (who used it to create many a campaign ad), and marked a turning point in the election. In her recently released memoir, ‘107 Days’, Harris compares her answer to pulling the pin of a hand grenade. To the voters, her answer brought to mind the seminal failures of the Biden presidency, from his inability to deal with the affordability crisis to his enabling Israel’s genocide in Gaza. Many of those voters, believing in Donald Trump’s promises to curb inflation and bring peace to Gaza, abandoned both Kamala Harris and the Democratic Party in November 2024.

In Sri Lanka, Anura Kumara Disanayake contested the September 2024 election as the 100% change candidate, and spent most of his first year as the continuance president.

Disanayake came into office just as the country was crawling out of the economic abyss Hurricane Gotabaya had flung it into. In September 2024, the biggest fear about a Disanayake presidency was that it will bring about a Gotabaya 201, another cyclone of bad decisions wrecking the fragile recovery achieved by Ranil Wickremesinghe. In September 2025, a key criticism President Disanayake’s first year is not inane adventurism but unnecessary timorousness.

President Disanayake, in his first UN speech, focused on the need to combat global poverty. No such focus was discernible in national policymaking in the past year. Lanka’s poverty explosion wasn’t his (or Ranil Wickremesinghe’s) creation but a Rajapaksa construct. According to the ADB, ‘Sri Lanka’s economic crisis led to a sharp increase in poverty and socio-economic vulnerability. Poverty levels rose to 25.0% in 2022 from 13.1% in 2021’ (https://www.adb.org/sites/default/files/linked-documents/57035-001-sprss.pdf). Poverty increased still further in 2023 to 27.5% but decreased to 24.9% in 2024.

As the World Bank emphasises in its latest report, ‘Sri Lanka Public Finance Review 2025 – Towards a Balanced Fiscal Adjustment’, a disproportionate share of the burden of the crisis and the recovery was borne not by rich or even middleclass Lankans but by poor Lankans: ‘The fiscal adjustment has also disproportionately impacted the poor, who continue to grapple with job and income losses. Food prices remain more than double their pre-crisis levels and real wages are yet to recover. In response.many households have scaled back spending on human capital, particularly on nutrition, healthcare, and education’ (https://documents1.worldbank.org/curated/en/099090825205582722/pdf/P501002-32a393bd-fa6b-497c-b777-69fa8e12079a.pdf).

A quarter of the populace subsisting below the poverty line; over half of the population (55.7%) being multi-dimensionally vulnerable. These are perilous problems in need of urgent solutions. Add to that 16% of households being food insecure (especially female-headed households); and more than half of households using such debilitating coping mechanisms as skipping meals, eating less preferred food or limiting portion sizes. Between 2021 and 2024, malnutrition among underweight children under 5 years increased from 12.2% to 17%; stunting among children under 5 years increased from 7.4% to 10.5% ((https://www.ohchr.org/sites/default/files/documents/hrbodies/hrcouncil/sessions-regular/session60/advance-version/a-hrc-60-21-auv.pdf).

The problem is not so much the IMF as Lankan policymakers’ lack of interest in the problem. For instance, the IMF has set a minimum target of 0.7% of the GDP for social safety net spending. This target was not met either in 2023 or 2024. We spent less on poverty alleviation not because the IMF ordered us to but because we didn’t care enough and prioritise enough. The austerity trap was of our own making.

In his first year, President Disanayake managed to maintain growth by taking the difficult political decision of sticking to the economic trajectory charted by Ranil Wickremesinghe (while strenuously denying that authorship). But no such political will was discernible in dealing with poverty (and inequality). It is a strange disconnect for the leader of a party which flies the hammer and sickle banner outside its glitzy headquarters.

Sacred cows, from military costs to Israel

In his UN speech, President Disanayake lamented the trillions spent on weapons of war while poverty rages across the globe, a murderous pandemic. Rightly so; but his words would have carried more weight if his own Government had taken even a baby step to prune Lanka’s gargantuan defence budget in the last one year.

According to the latest available data, Sri Lanka is among the 50 most militarised countries in the world, ranking 48 in the Global Militarisation Index (GMI). And Sri Lanka failed to reach anywhere near the top 50 countries in Social Progress Index, ranking a very low 74. The war has been over for a decade and a half. Spending more on defence than on poverty alleviation and other measures to ensure social stability and cohesion makes no sense, economically, politically, or even from a national defence point to view. President Disanayake can set this right, but has opted not to, not in his 2025 Budget nor in his 2026 Budget estimates.

He has been equally reluctant to tax the rich, occupying a space way to the right of both the IMF and the World Bank.

The IMF has repeatedly underscored the need to broaden the tax base in order to reduce reliance on poverty-increasing indirect taxes. Since the latest Structural Adjustment Programme began, the IMF has also been urging Colombo to introduce a wealth tax and an inheritance tax.

The World Bank, in its new report, warns that the extreme imbalance in direct: indirect tax ratio (and the resultant dependence on indirect taxes which cuts into purchasing power and living conditions of poorer Lankans) can hamper the Government’s effort to reach a growth target of 6%. It advocates a minimum effective rate of 15% Corporate Income Tax (CIT) on all companies, both domestic and international (with a 30% statutory nominal rate). It also urges the Government to improve compliance at the top end of income distribution and estimates that focusing on net higher earning individuals could increase Personal Income Tax (PIT) revenue by a massive 169% and PAYE revenue by 75%.

The Wickremesinghe administration’s decision to increase direct taxes was falsely decried by the then Opposition, including the JVP, as anti-people. As the latest World Bank report demonstrates, this increase impacted primarily on the richest 10% of Lankans (unlike the January 2024 VAT hike and exemption removal which increased poverty by 2.2%). Households in the richest decile bore 76% of the PAYE tax burden and 66% of the PIT burden. Increased direct taxes, together with increased transfers, reduced poverty by 6.4% in 2024.

Unfortunately, the Government is as unlikely to increase direct taxes as it is to reduce military expenditure. It has also backtracked on its campaign promise to increase daily wage in the estate sector to Rs. 2,000 and subsequent Budget pledge to increase estate worker daily wage to Rs. 1,700. Incidentally, it will be instructive to see whether the Government moves beyond rhetoric to ratify even one of the 53 ILO Conventions Sri Lanka has evaded ratifying, especially such fundamental ones as C155 (Occupational Safety and Health Convention, 1981) and C187 (Promotional Framework for Occupational Safety and Health Convention, 2006).

Contrary to its change-centric rhetoric and transformational promises, the Government shows a debilitating inability to take on entrenched political, business, military or religious interests. For instance, throughout the campaign, and even before, the NPP/JVP promised to decriminalise homosexuality by scrapping colonial era sodomy law. But once in Government, it went mute on the promise, obviously due to its unwillingness to upset temple and church dovecots. The resistance to direct taxes (especially wealth tax and inheritance tax) is also likely to come from within the ruling party (JVP) and the ruling coalition NPP. NPP/JVP ministers and parliamentarians might march under the proletarian banner on International Workers Day but their asset declarations place them firmly within property-owning and middle/high income cohorts. Why would they back taxation measures which would hurt their personal finances, even if doing so would benefit Sri Lanka as a whole and non-privileged Lankans in particular.

Another reason for Government’s curious timorousness might be an insufficient understanding of socio-economic and political realities, beyond familiar ideological matrixes. Take, for instance, the Government’s fear of antagonising Israel. Is it due to the mistaken belief that if we utter a word of criticism, Sri Lanka will lose Israeli jobs and Israeli tourists? If so, the Government obviously doesn’t understand that Israel is today a near-pariah state. There are very few countries in the world (including countries far poorer than us) who will send their citizens to work in a state which is morally abhorrent and unsafe (due to its penchant to start regional wars). Similarly, there are very few countries where Israeli tourists feel welcome and protected.

As Israeli columnist Dani Bar On wrote, ‘I escaped to a Greek Nudist Paradise only to discover Israelis are hated there too.’ He went to the remote Samothrace in Northern Aegean, only to encounter telling graffiti: ‘A vacation from Genocide – Not here’ (Haaretz – 18.9.2025). Sri Lanka is probably the only country in the world which bails out Israeli tourists who attack its own citizens (contrary to Sinhala-Buddhist extremist propaganda, the hotelier assaulted by two Israeli tourists in Arugam Bay is a Sinhalese). In this extremely unfavourable global context, Israel needs us more than we need Israel, a truth as alien to the NPP/JVP mindset as the desirability of direct taxes.

But the Government is ahead on two scores: its seemingly sincere desire to tackle waste and corruption; and the Opposition.

This unprecedented Opposition

Former Secretary General of Parliament Nihal Seneviratne’s memoir, ‘Memories of 33 Years in Parliament’, provides glimpses of a past which seems more akin to another planet than another country. During his long career, he often acted as secretary to Lankan parliamentary delegations on international visits.

‘I recall one of our members of an Inter-Parliamentary Union delegations in a faraway Scandinavian country coming to see me with what he called a ‘huge problem.’ He had an hour long telephone call to his spouse in Sri Lanka. He told me she had been in a delicate state of health and he needed to speak to her. He had then been hit with a telephone bill amounting to over 100 Euros. He wanted me to settle this bill. I then very gently reminded him that at the start of the trip, I had very politely told all delegates that any personal overseas telephone calls would be on their own account. He wanted me to speak to our ambassador in that country and ask him to foot the bill which I politely refused to do. He finally had to pay the bill himself’ (excerpted in ‘The Sunday Island’ – 2.3.2025).

That was the country we had and lost. Lost to such a degree that when the NPP/JVP Government introduced the long awaited bill to scrap presidential privileges, the Opposition, instead of backing it, took the coward’s way out by staying away from the chamber during voting time.

During the time of the pandemic and the economic crisis, the Government spent a staggering sum of Rs. 421 million on renovating Mahinda Rajapaksa’s presidential retirement evidence. Rajapaksa obtained permission for this project via two cabinet papers which he presented in 2020 and 2021 in his capacity as Prime Minister (he was also the Minister of Finance). According to information obtained by the Daily Mirror under an RTI request, over Rs. 15 million was spent on bathroom accessories, over 15 million for granite laying and almost 32 million for electrical work (https://www.dailymirror.lk/expose/Renovation-of-MRs-official-residence-No-proof-to-show-Govt-procurement-guidelines-were-followed-during-purchases-through-Lanka-Building-Materials-Corporation-Limited/333-304174).

This horrendous expenditure was made under the Presidential Privileges Act. The Opposition was so lost to all sense, it didn’t realise how the Rajapaksas abused this Act and that repealing it was a demand by many who voted for Sajith Premadasa/SJB and Ranil Wickremesinghe/UNP in the last two elections.

The non-SLPP Opposition went onto trump that inanity with an obscenity, joining hands with the Rajapaksas at the UNP convention. And applauding Sagara Kariyawasam when he came out with some of the most shameful lines ever with customary shamelessness: ‘Our two camps made the same major mistake. Both of us, in order to gain power, ignored the services rendered by our opponents to the country.pointed our finger at the opposite side and called them ‘Thief, Thief, Thief’, with no proof, with no reason. That error was committed by us and by you’ (https://www.youtube.com/watch?v=u02YkZdqdEw).

With one blow, he did the Government’s job for it, by labelling the entire Opposition untruthful, untrustworthy, and opportunistic, a bunch of imposters who would say anything, do anything for power. He – and his audience – lacked the sense to realise what a gift they presented to a Government squirming under the verbal faux pas of its ministers.

Sri Lanka showcases tourism potential at Istanbul Tourism Fair 2025

The Sri Lanka Tourism Promotion Bureau (SLTPB), together with 16 leading Sri Lankan travel trade companies, successfully showcased the island’s rich and diverse tourism offerings at the Istanbul Tourism Fair 2025, held on 25-26 September at the Eurasia Show and Art Centre in Istanbul. The Embassy of Sri Lanka in Ankara facilitated the arrangements pertaining to the participation of Sri Lanka in this key international tourism fair.

Ambassador-designate of Sri Lanka to the Republic of Trkiye Niluka Kadurugamuwa attended the fair and inaugurated the Sri Lanka stand on 25 September. The Ambassador-designate’s participation and the diplomatic support to the promotional activities of the Sri Lanka Tourism Promotion Bureau and the industry representatives reflected the Government’s firm commitment to advancing tourism diplomacy and strengthening bilateral tourism cooperation with Trkiye.

This prestigious international platform with the participation of about 15,000 tourism professionals from Trkiye and around the world, created valuable opportunities for Sri Lankan tourism and hospitality stakeholders to network with Turkish and global travel trade professionals, highlighting Sri Lanka’s unique attractions and reputation as a world-class travel destination. The promotional activities at the fair aimed at boosting tourist arrivals, building new partnerships, and positioning Sri Lanka as a preferred destination for Turkish travellers.

Speaking at the inauguration of the Sri Lanka stand, Ambassador-designate Kadurugamuwa underscored Sri Lanka’s readiness to welcome Turkish tourists warmly, noting the country’s wide range of experiences, from cultural heritage and wellness tourism to adventure, wildlife, and pristine beaches. He further assured of the commitment of the Embassy of Sri Lanka in Ankara to contribute to the overall target of tourist arrivals set by the Government, by increasing tourist arrivals from Trkiye. The Ambassador-designate also interacted with Turkish tour operators, industry representatives and travel journalists at the fair.

The Sri Lanka stand, coordinated by the SLTPB, drew significant interest from visitors, tour operators, and media representatives throughout the fair. Sri Lanka’s participation in the Istanbul Tourism Fair 2025 is expected to enhance destination awareness in the Turkish market while opening new avenues for bilateral tourism, trade, and investment.

Sri Lanka’s business leaders convene for high-level roundtable on living wage

Sri Lanka took a significant step forward in advancing the conversation on responsible business practices with the convening of the high-level roundtable on living wage, held on 24 September 2025 at Galle Face Hotel, Colombo.

Organised by the UN Global Compact Network Sri Lanka (Network Sri Lanka) in collaboration with the International Labour Organisation (ILO Sri Lanka), the event was hosted as A. Baur and Co.’s nationally significant event in its role as patron of the Business and Human Rights Working Group of Network Sri Lanka.

Taking place against the backdrop of the ILO’s High-Level Regional Dialogue on ‘Shaping the Living Wage Agenda in Asia and the Pacific’ in Colombo, the roundtable brought together C-Suite executives and senior business leaders from across Sri Lanka for a closed-door dialogue on the future of living wage in the corporate landscape. The session created a space to exchange ideas, reflections, and perspectives on one of the most pressing challenges for sustainable business and social equity.

Global-local dialogue

The keynote address was delivered by International Organisation of Employers (IOE)Director of Policy – Industrial Relations and ILO Coordination Luis Rodrigo Morales-Velez, who spotlighted the global significance of operationalising living wage frameworks while highlighting the critical role of the private sector in advancing fair and equitable work conditions, while stressing that this effort must go hand in hand with Government responsibility to provide an enabling environment through sound labour market policies, effective regulation, and support for enterprise development. His remarks set the tone for the discussions that followed, bridging global labour standards with the Sri Lankan corporate context.

The roundtable was also joined by ILO specialists Anoop Satpathy, Wage Specialist, Nicolas Maitre, Economist and Ravi Peiris, Senior Employer Specialist who presented key elements of the ILO conclusions on Wage Policies including living wages and contributed to the discussion relating to its advancement of living wages in the context of Sri Lanka. It was mentioned that there is no ‘one size fits all’ approach in aspiring towards this objective. Sri Lanka can take note of their current practices in collective bargaining and wage and benefit fixation and move towards promoting ‘living incomes’ which will also include wages along with other benefits that support workers’ living standards.

The roundtable was further framed within the context of the ILO’s regional deliberations on decent work and labour standards, spotlighting the global importance of fair and equitable wage practices. At the same time, it was designed to capture the Sri Lankan perspective, reflecting on the country’s evolving economic conditions, workforce realities, and the growing recognition that the private sector has a pivotal role to play in creating a more just and inclusive economy. For Network Sri Lanka, convening this dialogue marked a milestone in advancing the Ten Principles of the UN Global Compact, particularly those related to human rights, labour, and equality. It also aligned with the UN Global Compact’s Forward Faster initiative, which calls on businesses worldwide to accelerate progress toward the Sustainable Development Goals (SDGs) by 2030, including ensuring that all employees earn a living wage.

Significance of living wage

A living wage goes beyond statutory minimum requirements, ensuring that workers and their families can afford a decent standard of living. This includes access to housing, food, healthcare, education, and the ability to participate meaningfully in society. With rising costs of living and increasing demands on workers across industries, the Living Wage conversation has become a central pillar of global sustainability and human rights frameworks.

By situating the roundtable at the intersection of business imperatives and social responsibility, the meeting highlighted the strategic and ethical importance of embedding living wage principles in corporate strategies. For Sri Lankan companies, this approach not only supports workforce wellbeing and retention but also contributes to supply chain resilience, competitiveness, and long-term sustainable growth.

Hosting as nationally significant event

The event was hosted as A. Baur and Co.’s nationally significant event, reflecting the company’s leadership and commitment to responsible business practices. As Patron of the Business and Human Rights Working Group of Network Sri Lanka, A. Baur and Co. continues to play a catalytic role in advancing conversations that bridge corporate responsibility with national development priorities.

Platform for responsible leadership

By design, the roundtable encouraged peer-level exchange and reflection, with the understanding that business leaders play a decisive role in shaping workplace policies, influencing supply chains, and setting the tone for responsible business conduct. The participation of the ILO and Network Sri Lanka provided additional context and expertise, ensuring that the dialogue was grounded in both global frameworks and local realities.

Advancing forward faster

The roundtable is part of Network Sri Lanka’s broader efforts to support companies in contributing meaningfully to the 2030 Agenda for Sustainable Development. Through its Working Groups, leadership dialogues, and collaborative initiatives, Network Sri Lanka is enabling the private sector to take measurable steps on issues ranging from human rights and labour to climate action, supply chains, and gender equality.