Swisstek Ceylon PLC, Sri Lanka’s trusted name in fixing, finishing, and beautification in the construction industry, extended its impactful partnership with Vidyartha College Rugby by organizing the inaugural “Swisstek Perfect Spark Mentoring Camp” – a grassroots rugby development initiative recently at the Mahiyangana Public Ground.
Swisstek is renowned for its unwavering commitment to quality and excellence, staying true to its brand promise: “For the Perfect Finish.” Acknowledging that its success is deeply rooted in the support of the community it serves, Swisstek believes it is time to give back to those who have played a vital role in its journey to industry leadership. In keeping with its pursuit of perfection, the company recognizes that building a truly ‘perfect’ society begins with empowering the next generation. To this end, Swisstek views sport as a powerful platform to instill resilience, discipline, and teamwork—shaping young minds into well-rounded individuals and tomorrow’s leaders.
As part of this community-focused initiative, the entire Vidyartha College rugby team, along with their coaching staff, conducted a comprehensive training camp for students from five regional schools: B/ Dehigolla Maha Vidyalaya, B/ Mahiyangana National School, Dambarawa Maha Vidyalaya, Haddaththawa Secondary School, and Orubendiwewa Secondary School. Renowned coach Nilfer Ibrahim, together with the Vidyartha College coaching team, provided technical guidance. The Vidyartha players themselves also actively participated, generously sharing their knowledge and experience with over 100 young athletes and their coaches, fostering a strong sense of brotherhood and camaraderie across schools.
Coach Nilfer Ibrahim commented and said, “We were truly excited to be part of this initiative and to share our knowledge with the young players from Mahiyanganaya and surrounding areas. We’re grateful for the opportunity to train these students—even in just one day, we felt we were able to make a small but meaningful impact in their lives. Seeing their enthusiasm and eagerness to learn was truly inspiring.”
CBSL Likely to Keep Policy Rates Unchanged to Support Key Economic Indicators
The Central Bank of Sri Lanka (CBSL) is expected to maintain its policy interest rates at the upcoming monetary policy review scheduled for next week, according to a pre-policy analysis by First Capital Research (FCR).
The report assigns an 80% probability that the CBSL will leave policy rates unchanged, citing the need to support improving economic fundamentals. It also forecasts a 30% chance that the Statutory Reserve Ratio (SRR) could be increased by 100 basis points, while assigning a 20% probability to a policy rate cut.
FCR further noted that, as the CBSL considers transitioning to a single policy interest rate framework to enhance monetary policy transmission, there is a 50% likelihood that the Standing Lending Facility Rate (SLFR) could be reduced as part of the shift.
The report highlighted several encouraging economic indicators, including stronger private sector credit growth, improved market liquidity, and positive GDP growth, suggesting that Sri Lanka's economic recovery continues to gain momentum.
Looking ahead, FCR expects the Sri Lankan rupee to trade within a range of Rs. 295–305 against the US dollar during the first half of the forecast period, with a modest depreciation anticipated thereafter. Inflation, which has been easing in recent months, is expected to edge higher due to seasonal factors while remaining broadly manageable.
Swisstek Strengthens Community Impact Through Vidyartha Rugby Development Camp in Mahiyanganaya
