By: Staff Writer

May 04, Colombo (LNW): The rapid evolution of artificial intelligence is forcing organisations to rethink how they manage technological risk, with new global standards offering a roadmap for more accountable and transparent AI systems. As companies move beyond pilot projects and into large-scale deployment, governance is emerging as a defining factor in long-term success.

Businesses are increasingly exploring advanced applications such as generative AI, but the excitement is tempered by mounting concerns. Issues surrounding biased outputs, unreliable results, and potential data misuse are raising red flags among regulators, customers, and corporate leaders. These challenges underscore the need for a structured approach to ensure AI systems operate ethically and effectively.

ISO/IEC 42001 has emerged as a critical tool in addressing these concerns. The standard provides a comprehensive management framework that helps organisations implement consistent governance practices across all stages of AI usage. It emphasises clear accountability, robust risk management, and mechanisms to maintain transparency key elements in building trust with stakeholders.

What makes this framework particularly relevant is its alignment with broader global regulatory trends. Governments are actively developing policies to regulate AI technologies, and many of the principles outlined in ISO 42001 mirror these emerging expectations. Early adoption can therefore help organisations stay ahead of compliance requirements while demonstrating a proactive commitment to responsible innovation.

Industry observers point out that certification under such standards is only part of the equation. More importantly, it signals a shift toward a mature, long-term approach to managing AI risks. This includes embedding governance into organisational culture, ensuring that AI systems are continuously monitored, and maintaining evidence that these systems function as intended over time.

Another advantage of adopting structured standards is the ability to leverage existing organisational strengths. Many companies already have processes in place for data governance, privacy protection, and internal auditing. These can serve as building blocks for a more comprehensive AI governance model, enabling smoother implementation and better coordination across departments.

However, experts caution that simply having policies is not enough. Organisations must clearly define ownership of AI-related risks, ensure accountability at multiple levels, and establish measurable controls to track system performance. Without these elements, governance efforts risk becoming superficial rather than effective.

As AI becomes more deeply embedded in everyday business functions, the stakes will only continue to rise. Companies that fail to address governance challenges may struggle to maintain credibility in an increasingly scrutinised environment. Conversely, those that adopt structured frameworks and prioritise transparency are likely to gain a competitive edge.

In this evolving landscape, the ability to balance innovation with responsibility will determine how confidently organisations can harness AI’s full potential while safeguarding trust and resilience.

By: Staff Writer

May 04, Colombo (LNW): Sri Lanka is confronting a sharp increase in foreign nationals implicated in organised criminal activity, with cybercrime emerging as a central concern for authorities. Recent incidents involving major financial losses have heightened scrutiny over the country’s digital security and regulatory environment, raising questions about whether systemic gaps are being exploited by transnational networks.

In one of the most alarming cases, a cyber breach targeting the Finance Ministry reportedly resulted in an unauthorised transfer of approximately USD 2.5 million. This followed an earlier incident in which a local bank suffered losses amounting to Rs. 13.2 billion through suspected digital manipulation. While investigators have not formally linked these incidents to wider criminal operations, they reflect a broader vulnerability within Sri Lanka’s financial and technological infrastructure.

Law enforcement agencies report that between January and mid-April 2026, more than 460 foreign nationals were connected to cybercrime-related investigations. A significant proportion of these suspects were Chinese nationals, with over 200 arrests recorded during this period. Authorities believe these cases are not isolated but part of organised, cross-border operations using Sri Lanka as a temporary base.

Raids conducted across locations such as Chilaw and Negombo have uncovered large-scale cyber fraud setups operating out of hotels and rented residences. In one instance, 147 foreign nationals were detained following a coordinated investigation into an alleged online scam network functioning from a hotel. Evidence suggests that such locations are used as operational hubs equipped with computers and communication devices to run fraudulent schemes targeting victims abroad.

Airport enforcement actions have further revealed attempts to smuggle electronic equipment believed to support cyber operations. In one case, multiple suspects were apprehended carrying hundreds of mobile phones, tablets, and networking devices concealed on their bodies. These findings point to a structured effort to establish and maintain digital fraud infrastructure within the country.

Analysts argue that Sri Lanka’s relatively accessible visa processes, combined with uneven oversight in sectors such as telecommunications and business registration, may inadvertently create opportunities for criminal groups. The country’s affordable accommodation and reliable internet connectivity also make it an attractive location for such activities.

Security officials warn that these developments indicate the emergence of transnational crime networks adapting to enforcement pressures in other regions. As crackdowns intensify elsewhere, particularly in parts of Southeast Asia, these networks appear to be relocating operations to jurisdictions perceived as lower risk.

Authorities have responded by increasing surveillance, strengthening inter-agency coordination, and expanding investigations. However, experts caution that without stronger legal frameworks and enhanced regulatory enforcement, Sri Lanka may continue to face challenges in dismantling these sophisticated operations.

By: Staff Writer

May 04, Colombo (LNW): A sweeping reform agenda backed by the International Monetary Fund is reshaping operations at Sri Lanka Customs, placing governance, transparency and digitalisation at the center of efforts to plug revenue leakages and restore institutional credibility.

At the heart of the reforms is a strict anti-corruption framework. Authorities are pushing a “zero tolerance” culture within Customs, supported by a revamped Code of Conduct that simplifies ethical guidelines while mandating periodic training and annual compliance declarations. The aim is not just symbolic reform but enforceable accountability, strengthened through closer coordination with the Commission to Investigate Allegations of Bribery or Corruption to ensure misconduct is investigated and penalised effectively.

Technology is emerging as the primary tool for change. From May 2025, cargo manifests must be submitted exclusively through the ASYHUB platform, eliminating paper-based systems long associated with delays and manipulation. Meanwhile, the expansion of the ASYCUDA World system—supported by United Nations Conference on Trade and Development is expected to sustain automated revenue collection through 2027. A pilot program for fully paperless Customs Declarations, initially rolled out for Authorized Economic Operators, signals a broader shift toward end-to-end digital processing.

Policy reforms are also reshaping trade flows. The gradual lifting of vehicle import restrictions once a key control measure reflects IMF-backed liberalisation efforts, while a new e-bidding system for auctioning seized goods aims to curb discretion and improve transparency. At the operational level, Customs is introducing risk-based auditing and strengthening Post-Clearance Audit mechanisms to better target high-risk shipments rather than relying on blanket inspections.

Equally significant is the push for inter-agency data integration. Improved information sharing with the Inland Revenue Department is intended to detect discrepancies such as transfer pricing fraud, ensuring businesses cannot exploit gaps between institutions to underreport values.

Deputy Finance and Planning Minister Anil Jayantha Fernando has framed these changes as a shift from output-driven performance to process-driven efficiency. While revenue collection remains strong, he argues that long-term gains will depend on innovation in workflows and systems. Digitalisation, he notes, reduces human intervention historically a source of corruption while improving speed, accuracy and transparency.

Beyond governance, the reforms carry broader economic implications. Faster clearance times can reduce costs for importers and exporters, improve supply chain efficiency and ultimately benefit consumers. However, officials acknowledge challenges, including resistance to change and resource constraints within the department.

Despite these hurdles, the reform momentum appears steady. With institutional collaboration, private sector engagement and sustained policy backing, Sri Lanka Customs is being repositioned not just as a revenue collector, but as a modern trade facilitator aligned with global standards. The success of this transformation may ultimately determine how effectively the country balances fiscal recovery with economic growth in the years ahead.

May 04, Colombo (LNW): The government has reaffirmed its decision to shift this year’s Vesak observance to 30 May, responding to criticism from several quarters, including members of the Buddhist clergy, who have questioned the rationale behind the change.

According to the Ministry of Buddhist Affairs, the adjustment was made following formal representations by the Mahanayake Theras of the country’s chief monastic chapters. In a written appeal submitted to the President in December 2025, the senior clergy had requested that Vesak Poya be aligned with specific astrological considerations, ensuring that the auspicious “Visa Nekatha” coincides with the full moon day.

Officials noted that the matter was subsequently deliberated at the All-Island Buddha Sasana Council at the start of this year, where consensus was reached to fix Vesak on May 30. It was further proposed that Vesak Week be observed from May 27 to June 02, allowing for extended religious and cultural activities across the island.

The Ministry added that the proposal received formal Cabinet approval in late March after being jointly presented by relevant ministries, thereby making the change an official state decision.

Despite these clarifications, dissent has emerged from certain religious figures, including Kotapitiye Rahula Anunāyaka Thera, who has suggested that political considerations may have influenced the move. Adding to the debate, former President Ranil Wickremesinghe recently argued that Vesak should coincide with May 01, citing its recognition by the United Nations as the International Day of Vesak.

Government representatives, however, insist that the decision was made in consultation with religious authorities and in keeping with traditional practices, rather than for political expediency. The issue continues to generate discussion among both clergy and the public as preparations for Vesak gather pace.

May 04, Colombo (LNW): Minister Bimal Rathnayake has defended the decision to appoint Opposition MP Eran Wickramaratne as Chairman of the newly formed Cricket Restructuring Committee, rejecting criticism centred on political affiliations and insisting the move was driven by competence.

Addressing the issue in a recent media appearance, the Minister maintained that the selection process prioritised expertise over party alignment. He argued that sport, particularly cricket, should not be entangled in ideological divisions, stressing that effective leadership is essential at a time when the game is facing mounting challenges.

Rathnayake pointed to Wickramaratne’s dual experience as both a former player and a seasoned administrator, suggesting that this combination places him in a strong position to oversee much-needed reforms. He expressed confidence that the new chairman would bring direction and stability to a system widely viewed as underperforming.

Emphasising the distinction between governance in sport and politics, the Minister said that revitalising cricket requires a pragmatic approach rather than partisan considerations. He noted that Sri Lanka’s struggles on the international stage, including a prolonged absence from major tournament semi-finals, highlight the urgency of structural changes.

He further described cricket as more than just a game, calling it a vital element of national identity and soft power. According to Rathnayake, strengthening the sport could enhance the country’s global standing while also inspiring unity at home.

The restructuring initiative is expected to introduce administrative reforms, talent development pathways, and improved accountability measures, as authorities seek to usher in a new era for Sri Lankan cricket.

By: Isuru Parakrama

May 04, Colombo (LNW): Chinese Ambassador to Sri Lanka, Qi Zhenhong, has underscored the growing importance of youth engagement in deepening bilateral relations, praising the energy, creativity and shared aspirations of young people in both countries.

In a statement, the envoy noted that the future of any nation increasingly depends on the values and innovation of its younger generation, particularly at a time of significant global change. He said Sri Lankan youth have consistently impressed him with their talent and enthusiasm for cooperation with China.

Highlighting ongoing exchanges, Qi pointed out that more than 100 Sri Lankan students receive scholarships to study in China annually, while over 1,000 individuals from political and business sectors travel there for training and engagement programmes. Universities in both countries also maintain close links, alongside frequent visits by entrepreneurs, media professionals and volunteers.

The Ambassador described Chinese youth using six key attributes: patriotic, striving, innovative, studious, pragmatic and inclusive. He said young people in China demonstrate strong national pride while remaining globally aware, and increasingly pursue diverse career paths, including grassroots service and entrepreneurship.

He also emphasised their role in innovation, noting that individuals under 35 form the backbone of major scientific and technological advancements, including space exploration and quantum computing. In addition, he highlighted a strong culture of lifelong learning, with high levels of participation in further education and skills development.

Qi further observed that Chinese youth are becoming more pragmatic in consumption habits, prioritising value and sustainability, while also showing growing interest in wellbeing, travel and cultural experiences. He added that inclusivity is another defining feature, with young people actively engaging with international audiences and welcoming cross-cultural exchanges.

Turning to bilateral relations, the Ambassador recalled recent high-level visits by Anura Kumara Dissanayake and Harini Amarasuriya to China, during which both sides agreed to expand people-to-people ties, particularly among youth.

He expressed confidence that young people from both nations could play a pivotal role in advancing cooperation in areas such as Belt and Road initiatives and artificial intelligence, while continuing to strengthen longstanding diplomatic relations.

Qi added that the Chinese Embassy in Colombo would continue to facilitate exchanges and create opportunities for mutual learning, enabling youth from both countries to contribute to shared development and understanding.

Full Stastement:

Amid a period of profound changes unseen in a century, a nation’s future increasingly depends on the values, mindset and creativity of its younger generation. In Sri Lanka, I am often moved by the talent and vitality of the young people here, and I can genuinely sense their affinity for China and their enthusiasm for deepening exchanges and cooperation between our two nations: every year, more than 100 students receive scholarships to study in China, and over a thousand figures from the political and business spheres visit China for exchanges and training; universities in both countries maintain close ties, and young entrepreneurs, media professionals and volunteers frequently visit one another, bringing us ever closer together.

Young people in Sri Lanka and China share the same aspirations and a deep sense of connection, all eager to contribute to the development and prosperity of their nations. However, for many of our Sri Lankan friends who have not yet had the opportunity to engage with Chinese young people face-to-face, the term ‘Chinese youth’ may still seem somewhat abstract. So let me use a few keywords to give you an idea of what they are like.

The first keyword: Patriotic. Chinese youth deeply understand that their personal development is inextricably linked to the development of the Chinese nation. They take pride in the nation’s achievements, keep abreast of the international landscape and China’s stance on global affairs, and express their patriotic sentiments in a rational manner. Online, young bloggers use text, images and videos to vividly showcase the real China, and during live streams, they wittily counter malicious mockery directed at China by certain foreign netizens, thereby safeguarding the nation’s dignity and image. Offline, Chinese students abroad defend their rights through lawful and rational means, such as wearing Hanfu (traditional Chinese clothing) to protest cultural appropriation by international luxury brands. They actively promote a positive image of China through their actions, for instance by participating in voluntary work to demonstrate the sense of responsibility and commitment of the Chinese people, and by organizing various cultural events to showcase the charm of Chinese civilization.

The second word: Striving. Chinese youth have an open and diverse outlook on employment, and they are adept at creatively applying the knowledge and skills they’ve learnt. Over the past five years, more than 165,000 university graduates have dedicated themselves to grassroots services and rural revitalization, choosing to be ‘green-collar workers’ rather than ‘white-collar workers’. As a new way of working in the new era characterized by self-reliance, a fighting spirit and a determination to succeed, a new generation of entrepreneurs are emerging as ‘curators’ with their own cultural identity and aesthetic style. A single computer serves as a mobile workstation, enabling them to explore entrepreneurial opportunities in fields such as creative design, film and video editing, bespoke craftsmanship and online blogging.

The third word: Innovative. People under the age of 35 have become the backbone in research institutions, on the front lines of industry, and in major national projects. From the Chang’e’ lunar exploration programme to the Jiuzhang quantum computing prototype, and from the ‘China Sky Eye’ (the Five-hundred-meter Aperture Spherical Radio Telescope ) to AI and industrial embodied intelligence, a large number of researchers born in the 1990s have achieved breakthroughs in key fields. In the 2025 edition of MIT Technology Review’s ‘35 Innovators Under 35’ list, 25 were Chinese scientists and entrepreneurs.

The fourth word: Studious. Embracing a lifelong commitment to learning, Chinese youth use their spare time to expand the boundaries of knowledge and abilities. Gen Z read an average of over 11.7 books per year. 93.5% of young people continue to pursue learning alongside their work, and 88% have paid for knowledge or skills enhancement. The proportion of educational videos on Bilibili (a major Chinese online video sharing platform) has risen from 3.4% in 2014 to 8.9% in 2024, with 220 million users acquiring specialist knowledge and over 15 million people watching technology-related videos daily. Night schools have also become a new trend, offering a wide range of courses including singing, dancing, sports, foreign languages, painting, make-up and baking. Young people work during the day and attend classes at night, enriching their life experiences.

The fifth word: Pragmatic. Chinese youth’s attitudes towards consumption are becoming increasingly mature and rational. They do not chase luxury goods but prioritize value for money, adhering to the principle of ‘buying what is right, not what is expensive’. Over 60% of young people compare prices when shopping and opt for affordable alternatives. They place great emphasis on environmental protection, ‘making the most of things’ and ‘turning waste into treasure’. On secondhand trading app Xianyu, there are over 43 million monthly active users from the post-2000s generation. Furthermore, young people in China are increasingly willing to spend on ‘mental wellbeing’ and ‘physical health’. Service-based consumption in areas such as travel, sport and art has seen significant growth, with over 70% of young people planning at least one trip each year. Stand-up comedy, concerts and music festivals are particularly popular. In 2024, there were more than 480,000 commercial performances nationwide, attracting 176 million attendees and generating box office revenue of 57.95 billion yuan.

The sixth word: Inclusive. On RedNote (Xiaohongshu), the trend of ‘Cyber Reconciliation’ has seen Chinese netizens warmly welcome foreign friends to the platform, help ‘TikTok refugees’ choose Chinese names, and engage in sincere interactions in the comments section of IShowSpeed’s China travel videos. They yearn both to ‘go out to see the world’ and to ‘welcome the world to China.’ In 2024, those born in the 1980s, 1990s and 2000s together accounted for 67% of outbound travelers. Amid the ‘China Travel’ boom, personalized local guides have meticulously designed city-walk routes and shared authentic local snacks, leading foreign visitors on immersive journeys to experience a real, multi-faceted modern China. Cultural barriers? Not anymore!

Dear young friend, I trust that my introduction has given you a glimpse into the vibrant, positive and kind-hearted Chinese youth. From what I know, the young people of Sri Lanka are gentle, open-minded, and deeply interested in new technologies. I am confident that you will become very good friends with the Chinese youth, and carry forward and develop the time-honored friendship between our two countries that spans millennia.

During the visits to China last year by H.E. President Anura Kumara Dissanayake and Hon. Prime Minister Harini Amarasuriya, the leaders of both countries reached important consensuses to further promote people-to-people exchanges, including those among young people, and to advance Sri Lanka-China relations to a higher level. I believe that the youth of Sri Lanka and China can work closely together in high-quality Belt and Road cooperation, artificial intelligence and all other fields. You are sure to, with youthful wisdom and passion, jointly write a new chapter in Sri Lanka-China relations. My colleagues at the Embassy and I will also work hard to build more bridges for mutual learning and exchanges, create more opportunities for common development, and help you deepen mutual understanding through exchanges, grow and progress through cooperation, and make your youthful years shine through dedicated effort.