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EU Aid Boosts Sri Lanka’s Recovery, GSP+ Future in Focus

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The European Union (EU) has stepped up its financial assistance to Sri Lanka with an €8 million (LKR 2.8 billion) grant to support biodiversity conservation and solid waste management, a move that underscores Brussels’ dual approach of providing aid while closely monitoring the island nation’s adherence to governance and human rights standards.

The latest grant, signed this week with the Ministry of Finance, is part of the EU’s Global Gateway Strategy. It aims to restore degraded ecosystems, promote sustainable land-use practices, and strengthen solid waste management to protect both public health and biodiversity.

“Biodiversity is one of the most important assets of Sri Lanka, and through this project we will work together with the authorities to strengthen its protection by improving management of waste,” EU Ambassador Carmen Moreno said.

The initiative will be implemented by the Ministry of Public Administration, Provincial Councils and Local Government, and the Ministry of Environment, in collaboration with the EU. Beyond environmental protection, the program is intended to contribute to Sri Lanka’s sustainable economic recovery, linking green transition with long-term policy reforms.

While financial grants provide immediate relief, Sri Lanka’s long-term economic prospects hinge on the renewal of the EU GSP+ (Generalized Scheme of Preferences Plus) facility, which allows duty-free access for over 6,000 products to European markets. The scheme has been a vital lifeline, especially for the apparel industry, which accounts for nearly 40% of export earnings.

Sri Lanka regained GSP+ in 2017 after pledging to uphold 27 international conventions on human rights, labor standards, environmental protection, and good governance. However, EU officials have repeatedly signaled that compliance will be scrutinized before a decision on continuation is made. The facility is due for review in 2026, but early signals matter for investor and exporter confidence.

Civil society groups and trade unions in Brussels have raised concerns over press freedom, labor rights, and governance issues in Sri Lanka. Analysts point out that the EU uses aid flows like the current biodiversity grant not only to support recovery but also as a political lever to encourage reforms.

The government has publicly committed to maintaining compliance with EU conventions, but implementation remains uneven. Any slippage risks putting billions of dollars in exports at stake. Apparel sector leaders warn that the loss of GSP+ could cost Sri Lanka an estimated €500 million annually in lost market access.

Diplomatic sources indicate that Brussels is closely watching how Colombo handles governance reforms tied to the IMF bailout program, environmental commitments under climate accords, and labor rights in export industries.

The latest EU grant signals goodwill and continued engagement, but analysts caution it should not be mistaken for a guarantee of future trade preferences. Aid may smooth relations, but the GSP+ renewal will ultimately depend on Sri Lanka’s track record, not promises.

For now, the €8 million biodiversity and waste management initiative reflects both an opportunity and a warning: Europe is ready to invest in Sri Lanka’s green recovery, but expects accountability and reform in return.

CEA Integrates Payments with GovPay Platform

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The Central Environmental Authority (CEA) has launched all client payments through the GovPay digital system, effective from yesterday, the Environment Ministry announced.

With this move, CEA clients will be able to make payments more efficiently and transparently via the online platform.

The initiative is part of the Government’s digital state policy, which seeks to expand the use of information technology across state institutions. Introduced earlier this year, the GovPay system now includes 138 government entities, with the CEA becoming the latest addition.

President Dissanayake Departs for Japan After UNGA Visit

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President Anura Kumara Dissanayake left New York on September 25 following the conclusion of his participation in the 80th session of the United Nations General Assembly and is scheduled to begin an official visit to Japan from September 27 to 30 at the invitation of the Japanese Government.

He is accompanied on the visit by Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath.

Sri Lanka Envoy: Ties With India at “Unprecedented Excellence”

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Sri Lanka’s High Commissioner to India, Mahishini Colonne, said on Friday that bilateral ties have reached a point of “unprecedented excellence” following recent high-level visits between the two countries.

Speaking to PTI Videos in New Delhi, Colonne highlighted that the relationship has grown stronger since President Anura Kumara Dissanayake’s visit to India and Prime Minister Narendra Modi’s visit to Sri Lanka a few months later.

“At this point, Sri Lanka has stabilised its economy and is well on the path of recovery and transformation. Opportunities to explore partnerships are at an optimal level,” she noted.

The envoy emphasized the unique historic ties binding the two neighbours, citing shared culture, geography, and trade links spanning millennia. “We see India not just as our closest neighbour, but also our most natural business partner,” Colonne said.

Netanyahu Defiant at UN Amid Growing Global Backlash Over Gaza War

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Israeli Prime Minister Benjamin Netanyahu delivered a defiant address to the U.N. General Assembly on Friday, vowing that Israel “must finish the job” against Hamas in Gaza, even as his government faces unprecedented international isolation and mounting war crimes accusations.

Dozens of delegates walked out of the hall before his speech, while others shouted protests. The U.S. delegationremained in place, though it was represented only by lower-level diplomats rather than senior officials or the ambassador.

Wearing a special pin symbolizing the October 7 hostage crisis, Netanyahu held up a large map titled “THE CURSE” and praised former U.S. President Donald Trump, calling him his chief ally. He also announced an “unprecedented operation” in which the Israeli army would broadcast his speech directly onto the mobile phones of Gaza residents, as well as via loudspeakers placed on the Israeli border.

Netanyahu’s remarks came as Australia, Canada, France, the U.K. and other nations formally recognized a Palestinian state, while the EU considers sanctions and tariffs against Israel. The International Criminal Court has issued an arrest warrant against Netanyahu on charges of crimes against humanity, while the International Court of Justice is weighing South Africa’s allegation of genocide in Gaza—both of which Israel rejects.

The conflict, triggered by Hamas’ October 2023 attack that killed about 1,200 Israelis and saw 251 taken hostage, has since killed over 65,000 Palestinians and displaced 90% of Gaza’s population, according to U.N. figures.

On Thursday, Palestinian President Mahmoud Abbas addressed the Assembly via video, urging stronger international action to deliver Palestinian statehood. “The time has come for the international community to do right by the Palestinian people,” Abbas said.

Netanyahu, however, dismissed a two-state solution, calling it a reward for Hamas. “This will not happen,” he declared before leaving Israel for New York.

Bribery Commission to File Indictments Against Rajitha Senaratne Over Sand Mining Project

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The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) informed the Colombo Magistrate’s Court that indictments will be filed before the High Court against former Fisheries Minister Rajitha Senaratne and two others over alleged irregularities in awarding a sand mining project at the Kirinda Fishery Harbour.

The case was taken up yesterday (26) before Colombo Chief Magistrate Asanka S. Bodaragama, court reporters said.

According to CIABOC officials, investigations revealed that the government suffered a loss of over Rs. 26 million after the project was awarded to a Korean company in violation of legal procedures.

Along with Senaratne, former Ceylon Fishery Harbour Corporation Chairman Upali Liyanage has also been named as a defendant. Both suspects have already been released on bail.

The case will be taken up again on January 30, 2026.

Showers will occur at times in Western, Sabaragamuwa, North-western, and Southern provinces

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The Meteorology Department states that showers will occur at times in Western, Sabaragamuwa, North-western, and Southern provinces, and in Kandy and Nuwara Eliya districts.

Fairly heavy rainfall of above 50 mm is likely at some places in Western, Sabaragamuwa, and North-western provinces, and in Galle, Matara, Kandy, and Nuwara Eliya districts.

Light showers may occur in the North-central Province, and in Matale, Mannar, and Jaffna districts, the Department said.

Strong winds of about 40–50 kmph can be expected at times over the western slopes of the central hills, and in Central, Northern, North-central, and North-western provinces, as well as in Trincomalee and Hambantota districts.

The general public is kindly requested to take adequate precautions to minimize damage caused by strong winds.

The Silent Builder: The M.S.M. Rishard Story

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BY MiCHELLE DAVID

In the buzzing Colombo, while explosions echoed through the streets and uncertainty gripped the nation, a quiet dreamer was sketching his vision on the back of a napkin. M.S.M. Rishard didn’t set out to revolutionize Sri Lanka’s dining landscape, he simply wanted to feed people well.

Rishard was never one for grand announcements or flashy proclamations. While others spoke of their ambitions, he worked in silence, his hands already busy perfecting recipes that would one day feed millions. His colleagues from his days training with an American fast food chain remember him not for his words, but for his watchful eyes, always observing, always learning, always planning something bigger than what met the eye.

The dream was simple yet profound: create a place where every Sri Lankan, regardless of their station in life, could enjoy a quality meal that respected both their palate and their pocket. In a country divided by class and circumstance, Rishard envisioned something revolutionary, a table where everyone belonged.

When Dinemore first opened its doors in 1997, few believed it would survive. The country was bleeding, the economy was fragile, and starting a restaurant seemed like financial suicide. But Rishard saw what others couldn’t, that in times of darkness, people crave normalcy, comfort, and the simple joy of sharing good food.

He didn’t launch with fanfare or celebrity endorsements. Instead, he quietly perfected his craft, spending countless hours in the kitchen, his apron stained with the evidence of his dedication. When customers began trickling in, they found not just food, but the warm presence of a man who genuinely cared about their satisfaction.

The early days were humbling. Four submarine sandwiches sold on the first day might have discouraged others, but Rishard smiled quietly and returned to his kitchen. He understood that greatness isn’t built overnight, it’s earned one satisfied customer at a time.

Those who worked with Rishard tell stories that reveal the depth of his character. When a chef once refused to fulfill a large order, claiming it was too much work, Rishard didn’t argue or replace him. Instead, he rolled up his sleeves, tied his apron, and cooked every single biryani pack himself.

This wasn’t about proving a point, it was about honoring a promise. In that moment, sweating over the stoves, Rishard established something more valuable than a business philosophy: he showed that service isn’t beneath anyone, especially not the person at the top.

His restaurants became sanctuaries of equality. The executive in his pressed suit sat beside the laborer in his work clothes, both savoring the same carefully prepared meal. Rishard had achieved something remarkable, he had created spaces where Sri Lanka’s social barriers dissolved over shared plates.

While Rishard built his business empire, he was simultaneously building something else entirely, a network of quiet generosity that touched lives across the island. His charitable work was conducted with the same discretion that marked his business philosophy. No press releases, no naming ceremonies, no public acknowledgments.

Staff members would sometimes notice him disappearing for hours, returning with a satisfied smile but never an explanation. Community leaders in remote villages knew of mysterious donations that arrived exactly when needed. Children in orphanages discovered their meals had quietly improved in quality and quantity, never knowing who had made it possible.

His left hand truly didn’t know what his right hand was doing, and that was exactly how he preferred it. For Rishard, charity wasn’t about recognition, it was about the simple joy of knowing that somewhere, someone was sleeping with a full stomach because of his generosity.

As Dinemore grew from one location to multiple outlets across Sri Lanka, Rishard remained the same humble figure he had always been. While competitors sought media attention and celebrity endorsements, he continued working behind the scenes, perfecting recipes, training staff, and ensuring that every customer received the same quality experience whether they visited the first outlet or the fifteenth.

His success metrics weren’t measured in headlines or industry awards, but in the smiles of customers, the loyalty of his team, and the quiet satisfaction of knowing he had created something meaningful. When business publications tried to feature him as a success story, he politely declined, preferring to let his restaurants speak for themselves.

At his core, Rishard was driven by something beautifully simple: the pure joy of seeing people well-fed and happy. Colleagues remember his habit of quietly observing the dining area, his face lighting up whenever he spotted a customer savoring their meal or a family sharing laughter over their dinner.

He understood that food is more than sustenance, it’s comfort, celebration, and connection. Every recipe he perfected, every service standard he established, was guided by a single question: “Will this bring joy to the person eating it?”

Today, as DinemoreGo expands across Sri Lanka, the story continues to be written in the same quiet manner that Rishard has always preferred. The acquisition of twelve new locations represents not just business growth, but the expansion of a philosophy, that good food, served with genuine care, can build bridges and create community.

Nearly three decades after that first day with four submarine sandwiches, Rishard’s vision has become reality. He has built not just a successful business, but a beloved institution that has fed millions and employed thousands. He has proven that true success doesn’t need to shout, it simply needs to serve.

In an age of self-promotion and social media fame, M.S.M. Rishard remains delightfully old-fashioned. He builds in silence, serves with humility, and gives without expectation. His story is proof that the most powerful legacies are often written by those who never sought to have their names in lights, but simply wanted to light up the faces of those they served.

As Sri Lanka continues to evolve, one constant remains: somewhere in Colombo, there’s a quiet man with a gentle smile, still perfecting recipes, still serving his community, still believing that the greatest success comes not from what you achieve, but from whom you feed along the way.

Dinemore Unveils DinemoreGo: A New Era of Convenience and Quality Dining

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As part of its expansion strategy, Dinemore recently acquired International Restaurant Services (Pvt) Ltd., which previously held an international franchise for a global brand. This acquisition secures 12 prime restaurant locations across Sri Lanka, strengthening Dinemore’s presence in high-visibility hubs and enhancing its ability to serve millions of Sri Lankans with the same trusted quality it has upheld for nearly 30 years.

Mr. M.S.M. Rishard, Founder of Dinemore, commenting on the launch, said:

“We are proud to unveil DinemoreGo, which marks an exciting new phase of our journey. These new outlets will deliver our fresh and exquisite dining experience with greater convenience, while carrying forward Dinemore’s heritage of quality and service.”

With this milestone, Dinemore reinforces its position as one of Sri Lanka’s leading QSR brands. By evolving to meet modern lifestyles, the company continues to shape the island’s dining landscape while staying true to its legacy of innovation and customer trust.

Loan Sharks in Disguise: Sri Lanka Moves to Rein in Microfinance

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Sri Lanka finds itself confronting a silent crisis in its microfinance sector, an industry once heralded as a vehicle for inclusion is now accused of functioning as an informal loan shark network. In response, the government has moved to regulate what many civil society observers call a predatory, largely unregulated system that disproportionately targets the poorest.

On 11 August, the Cabinet formally approved the draft Micro Finance and Credit Regulation Authority Bill, forwarding it for publication in the Government Gazette before parliamentary debate.

The shift reflects mounting evidence that the existing Micro Finance Act No. 6 of 2016 is insufficient to curb abusive practices. The new legislation aims to create a standalone authority empowered to supervise microfinance and credit operations a move long demanded by activists and victim groups.

In recent years, microfinance in Sri Lanka has ballooned outside formal channels. A UNDP-commissioned brief estimates that around 15,000 microfinance institutions operate unlawfully nationwide, well beyond the regulatory reach of current law.

Only a small fraction of providers are licensed: as of May 2025, the Central Bank lists entities such as Berendina Micro Investments, Lak Jaya Micro Finance, Dumbara Micro Credit and Sejaya Micro Credit among the few authorized ones.

Despite the proliferation of lenders, official research and media investigations point to widespread abuse. According to The Morning, “hundreds of thousands” of Sri Lankans — particularly women in rural communities — are caught in spirals of debt, sometimes pushed toward desperation, eviction and even thoughts of suicide.

GroundViews reports similar patterns across impoverished districts including Polonnaruwa, Batticaloa and Nuwara Eliya, where microfinance borrowers regularly lose assets and dignity under aggressive recovery tactics.

Women’s advocacy groups have sounded alarms over the government’s regulatory proposal. Some argue that it privileges for-profit microfinance companies while imposing stricter controls on community-based and female-oriented self-help groups. Critics say these protections, which once shielded grassroots lenders, are now being dismantled despite their relatively benign role.

When grassroots borrowers fall behind, reports indicate that some lenders resort to psychological intimidation, forced repayments, and public shaming practices that can amount to human rights violations.

Proponents of regulation argue that a strong supervisory authority is essential. Without oversight, microfinance companies can levy exorbitant interest rates, hidden fees, and unsecured debt traps without recourse for victims.

The draft bill’s structure reflects lessons drawn from prior legal challenges: seven petitions were filed in the Supreme Court to block earlier drafts, prompting revision and influence from the parliamentary Sector Supervision Committee.

Yet passage and enforcement remain uncertain. The bill’s provisions on licensing, audit power, consumer protection, interest caps, transparency, and dispute resolution will determine whether it merely formalizes exploiters or protects vulnerable borrowers. Civil society insists that the regulatory body must include meaningful representation of borrowers and NGOs, not be dominated by industry interests.

Sri Lanka’s poor are already burdened by inflation, rising food costs and limited state safety nets. A microfinance regime unchecked has magnified their plight. If regulation is weak or captured, the reform could amount to a façade. Conversely, a well-crafted law, backed by vigilance and civil society participation, might begin to heal one of the country’s most persistent economic injustices. Only then could microfinance return to being a tool of support, not oppression