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Monday November 9th, 2026

Bear Necessities

Clues point to sloth bear as prototype for Mowgli’s laid-back chum in The Jungle Book, though Baloo is no look-alike in Disney’s classic animation

Anyone who goes to Yala a lot knows that its premium safari prey isn’t leopard but sloth bear. Two families we know saw bear on visits during November and heard that sightings are up due to low Covid-time traffic. I have seen leopard numerous times but bear only four. From fifty metres, early morning on our first-ever safari, we spied a mommy and two cubs: the largest grouping of sloth bear you’re ever likely to see. They quickly disappeared in the scrub and could not be found again despite half an hour’s search.

On our most recent safari, we stumbled across one right alongside the jeep track, ambling in the opposite direction. Our eyes leapt from their sockets. Unfortunately, our over-keen driver backed up at high speed, spooking it off into opaque brush. But we backed some more to a gap where it re-emerged briefly before veering off. Fumbling with my camera, I managed only one clear shot: its rear end moving quickly away. But that was better, come to think, than snapping it moving swiftly in our direction. Sloth bears harm humans far more than do any of their ursine cousins, probably more than all of those cousins combined.

Take the brown (grizzly) bear of North America and Siberia, for example. It kills at a higher clip per animal than do North American black bear. At 750,000 individuals, blacks as an entire species kill less than one person per year, browns numbering 200,000 kill perhaps about the same, perhaps as many as six. But the 10,000 to 20,000 remaining sloth bear kill more than a dozen per year, 20 to 240 times more per animal than browns.

All bear species fall within the Carnivore order of mammals, which divides between ‘dog-like’ (Caniformia) and ‘cat-like’ (Feliformia) families. Caniformia tend to prevail in northern Eurasia and North America, Feliformia in south Asia and Africa. There are exceptions of course, sloth bear among them, with its range confined to the Indian subcontinent. Modern Caniformia include weasels, minks, wolverines and otters, among others. Today’s bears represent the closest living cousins of pinnipeds (seals, sea lions, walruses and their ilk), who started to sea some 50 million years ago (mya), leaving behind the land-bound Caniformia of that era.

True to form, a raccoon-like ancestor of modern bears emerged in North America 35 mya before crossing to Eurasia via the Bering land bridge. At 15 mya and rather confusingly both ‘beardogs’ and ‘dog-bears’ prowled the land. In North America and once thought ancestral to today’s bears, ‘bear-dogs’ (Amphicyons), some of them huger than today’s polar bear, dined mightily on prey, with berries and roots on the side. Forebears (get it?) neither to bears nor to dogs, as experts now think, they fell extinct at maybe six mya, losing out to competing carnivores. In North America and Eurasia, ‘dog-bears’ (Hemicyons) moved and hunted like dogs, though they gave rise fairly directly to modern ‘true bears.’ Some as large as grizzlies, they reached exceptional speeds chasing down prey on their long legs, perhaps hunting in packs. Intensely carnivorous with flesh-slicing teeth, they shunned the omnivore proclivities of their modern descendants.

Among the six modern ‘true bears’ (including polars, browns, American blacks, sun bears and Asian blacks), sloth bear may have been the earliest to emerge and may be the most genetically distinct and separate in ancestral lineage. It thrived in rainy subcontinental forests. Early forms emerged 5-7 mya, with its modern body type and diet consolidated by 2.5 mya. Unique among bears, that diet pivots on ants and termites. The only animal known to hoover up termites by suction, sloth bear use their massive specialized claws to rip mounds apart and then curve their stretchy lower lips into a vacuum tube, sucking bugs in their thousands through a gap left by an absence of front teeth, making plenty of noise as they do so. They close off their nostrils to improve suction and avoid inhaling the wiggly mites. Their thick shaggy coats, so warm-seeming for the Subcontinent, help prevent bee stings (they love honey) and insect bites, including those from bugs they are trying to eat. Absence of thick fat prevents overheating. They do, however, like to cool off in streams and ponds.

Sloth bear pursue solitary lives, except when mommies nurture cubs. That bond remains close and affectionate for two or three years. Cubs commonly ride on mommy backs where thick fur makes it easy to get up and hang on. When not scarfing down termites and ants, sloth bear sample seeds, roots, nuts and grubs, sometimes carrion and small prey. They climb trees nimbly to snack on berries, especially the ironwood berry known as ‘palu’ (of which more below). Their comfort clinging to trees led zoologist George Shaw to name them ‘bear sloth,’ which got reversed when closer study revealed them not to be sloths at all. For cubs too young to forage, mommies regurgitate a half-digested mix of jack, wood apple and honeycomb. This hardens into a dark yellow circular bread-like substance for little ones to eat. Forest people in India find this ‘bear’s bread’ quite tasty.

Clues point to sloth bear as prototype for Mowgli’s laid-back chum in The Jungle Book, though Baloo is no look-alike in Disney’s classic animation. ‘Baloo’ almost certainly relates to ‘palu,’ sloth bear’s cherished berry as well as to ‘bhalu,’ a Hindi word for sloth bear. Sloth is the only bear found in the Seoni region where Kipling places the Mowgli stories. Baloo’s cheerful slacker lifestyle jives with sloth bear stereotype. Signature song ‘Bare Necessities’ praises ‘fancy ants’ (‘try a few’). Jungle is where ‘a bear can rest at ease,’ except for that menacing tiger antagonist, Shere Khan (‘sher’: Punjabi for tiger).

In the Ramayana, Jambhavan—divine king of bears—pops out of Brahma’s yawn and sets about helping Rama find the kidnapped Sita and battle demon king Ravana. In so doing, he prompts Hanuman’s great leap to Lanka.

Jambhavan is the sole character from the epics to meet both Rama and Krishna. In the Mahabharata, he kills a lion who had killed King Prasena while stealing a gem worn round the king’s neck while hunting. Jambhavan takes the gem. Krishna, having earlier bid unsuccessfully to buy the gem from Prasena, becomes a suspect in the murder/theft so he tracks Jambhavan to his cave, where he finds Jambhavan’s children playing with the gem. After several weeks of fighting, Jambhavan tires and, when it dawns on him who his adversary is, hands the gem over along with his daughter Jambhavati, who becomes one of Krishna’s consorts.

Lankan children shrink from tales of Mahasona, former human warrior Ritagala Jayasena, who loses his head in a drunken brawl with giant rival warrior Gotambara. A deity takes pity on the decapitated one and quickly attaches a bear’s head, hastily placed backwards. The resulting demon, pike in one hand, a buffalo from which he drinks blood in the other, rides a pig in search of human prey. He takes possession of human souls sometimes and must be expelled by exorcism. The Lankan Army Long Range Reconnaisance Patrol goes by the nickname ‘Maha Sohon Brigade.’ In a Lankan video game, children carry torches through a night forest hoping to avoid or defeat Mahasona, who deals stunning blows with his huge claws while defending his hidden treasure from the prying kids. Players can take roles either as kids or as Mahasona himself.

Sri Lanka boasts its very own sloth bear subspecies, of which perhaps less than 500 animals exist today, their numbers dwindling rapidly in recent decades. They inhabit mainly dry zone wilderness, in sharp contrast with the rain forest preference of their earlier development. Despite their declining population, bears attack people here with rising frequency, perhaps doubling every five years, leaving those living near them a false belief that their numbers are actually on the rise. The 2000-2004 period saw 91 attacks on Lankans. The reason for dwindling bear population and spiking attack incidence turns out to be one and the same: human encroachment on bear habitat. That encroachment lies both in deforestation, mainly clearance for agriculture, and in gathering of forest products for household use. Expanding human population pushes bears into shrinking pockets of suitable territory and brings people into denser proximity with preserved areas. This dynamic has already rendered sloth bear extinct in Bangladesh and possibly Bhutan.

People who live near Subcontinental forest fear sloth bear way more than tiger. Unpredictable, sudden, speedy and ferocious, sloth bear attacks are anything but slothful. They are purely defensive, however, never predatory. Humans range through forest in search of firewood, honey, mushrooms and other forage. With their superb sense of smell, bear often do their termite harvesting at night and then sleep, sometimes with cubs, during the heat of the day when humans stumble across them. Poor in eyesight and hearing, bear startle easily and react with extreme aggression. They will even charge tigers, sometimes with cubs on back, sometimes standing up on hind legs so as to intimidate. Tigers wisely shun combat and move away. (Search out a tiger-bear video from this past July 21.) Elephants, on the other hand, quickly charge bears to drive them off. In Sri Lanka, leopard-bear conflict sometimes happens in wildlife reserves. In one episode at Yala, a bear slew a leopard in a fight, but was so badly wounded that rangers put it down.

No one reading this article will ever go foraging through bear territory. Those who do so in their lives at jungle edges should bring companions and make constant noise so that shy bear receive notice to move away. When they notice a bear noticing them, they should back away slowly if possible. Bears run much faster than we can. If charged, they should drop to ground, curl up and try to cover face and neck, many experts advise, contending there are no known fatalities among those who have done so. Unfortunately, however, one Indian study finds a somewhat higher incidence of serious injury among those who ‘play dead’ over those who fight or flee. Horrific maiming, limb loss and disfigurement may spell ‘social death’ worse than the actual.

SLOTH BEAR PROTECTION ORGANIZATIONS

  • Biodiversity Education and Research (BEAR): conservation initiative centered on Wilpattu
  • Dilmah Conservation
  • Wildlife SOS
  • International Association for Bear Research and Management

Revenge killing of sloth bear isn’t hard to understand. Habitat separation and village safety training should be ramped up instead, of course. Besides their sheer fascination and our culpability in their demise, sloth bear warrant better protection for a third reason as well: their status as a ‘keystone’ species, one whose decline or disappearance could send disaster cascading through an ecosystem. Bear copiously disperse partly-germinated and well-fertilized fruit seed through their droppings, supporting food chains crucial to many. And without bears, termite numbers would soar. That’s good, right, because termites digest dead wood and cycle nutrients into re-use? Not so fast. Termite over-abundance can produce too-rapid digestion of dead trees still standing, called ‘snags.’ Holes and cracks in such trees provide shelter, protection and feeding opportunities for birds, mammals, reptiles and other creatures. By keeping termites in check, bear help maintain such micro-habitats. All this gives ‘bear necessities’ new meaning, no?

Lawyer and writer Mark Hager lives in Pelawatte with his family. mark.hager@gmail.com

Sri Lanka stocks close up 1.37-pct, banks lead turnover

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed up on Monday, CSE data showed, with the benchmark All Share Price Index moving up 1.37 percent.

The ASPI was up 291.72 points at 21,531.37, while the more liquid S&P SL20 was up 1.67 percent, or 100.96 points, at 6,146.34.

Positive contributors to the ASPI were Commercial Bank of Ceylon (up 2.86 percent at 216.00 rupees), Hatton National Bank (up 1.52 percent at 399.75 rupees), Asiri Hospital Holdings (up 12.86 percent at 31.60 rupees), Tokyo Cement Company (up 5.22 percent at 84.70 rupees), and Access Engineering (up 3.93 percent at 81.90 rupees).

Carson Cumberbatch (down 4.24 percent at 712.00 rupees), Richard Pieris and Company (down 2.43 percent at 28.10 rupees), LOLC Holdings (down 0.62 percent at 400.00 rupees), Renuka Holdings (down 2.63 percent at 37.00 rupees), and Chevron Lubricants Lanka (down 0.61 percent at 204.25 rupees) were top negative contributors.

Market turnover was 3.33 billion rupees. The S&P/CSE Banks Industry Group led turnover with 667.76 million rupees.

The session saw heavy crossings, according to Raynal Wickremeratne, Head of Research and Strategy at NDB Securities. Significant crossings included Keells (23 million rupees), Distilleries Company (27.7 million rupees), Sunshine Holdings (30.6 million rupees), Commercial Bank (32.4 million rupees), Ceylon Tobacco Company (35.6 million rupees), Hatton National Bank (39.5 million rupees), Prime Lands (40.5 million rupees), and HAS Holdings (41.5 million rupees).

In corporate news, Hayleys Retail Holdings Ltd announced it has partnered with supply chain software provider Blue Yonder to build and scale an AI-native grocery supermarket chain across Sri Lanka. (Colombo/Nov09/2026)

 

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Sri Lanka’s Hayleys Retail to launch supermarket chain with Blue Yonder

ECONOMYNEXT — Hayleys Retail Holdings Ltd has selected supply chain software provider Blue Yonder to build its grocery retail operations from the ground up, the two companies said in a joint statement.

Hayleys Retail, a member of Sri Lanka’s diversified conglomerate Hayleys Group, plans to open several stores in the near future to serve consumers across the country. The agreement marks Blue Yonder’s first retail customer in Sri Lanka.

“Our entry into supermarket retail is about bringing that same commitment to quality and reliability closer to everyday Sri Lankan consumers,” Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC said.

“With Blue Yonder, our teams will have AI-driven insight to deliver a seamless, consistent shopping experience across every store,” he said.

Hayleys, which accounts for approximately 5 percent of Sri Lanka’s export income and operates across 17 business sectors, is entering the large-scale supermarket space by drawing on its group strengths in manufacturing, logistics, and services.

The company selected Blue Yonder to connect its data across merchandising and shelf space, deploy artificial intelligence agents to catch operational issues early, and scale its business into a national network without changing platforms.

The rollout will begin with merchandise operations to manage suppliers, items, costs, and pricing, followed by machine learning capabilities to forecast demand and balance store inventory during seasonal peaks.

“Hayleys Retail is choosing one where AI is the foundation rather than an add-on—connected data and agentic AI built into core merchandising operations, and planning that learns as the business grows,” Antonio Boccalandro, President, APAC at Blue Yonder said.

The retailer plans to use the platform to automate routine store tasks and adjust inventory according to real-time sales and local market trends as its store footprint grows. (Colombo/Nov09/2026)

 

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Sri Lanka’s Citrus Leisure extends Lotus Tower management pact

ECONOMYNEXT – Sri Lanka listed hospitality firm Citrus Leisure said it has extended an agreement to manage consumer-facing and entertainment spaces at the Colombo Lotus Tower, which includes revolving restaurant Blue Orbit, until June next year.

The initial agreement signed between Citrus Leisure and Colombo Lotus Tower Management Company (Private) Limited (CLTMC) is due to expire on December 11.

“The Board of Directors of CLTMC at meeting held on 2nd November 2026 has resolved to extend the term of the Management Agreement and continue the existing Management Agreement until 30th June 2027, to which the company has given its concurrence,” the company said in a market filing.

Citrus Leisure Plc opened its revolving restaurant at the Lotus Tower in December 2023.

The company signed a 3-year agreement with CLTMC in May 2023 to provide services in the management of (l) the banquet hall 1 on the 25th floor, (2) the banquet hall 2 on the 26th floor, (3) the revolving restaurant on the 27th floor, (4) the 6 suites situated on the 28th floor and the kitchen in the basement floor of the Colombo Lotus Tower.

The 350-meter or 1,150-feet tower, the tallest in South Asia, was built at a cost 104.3 million US dollars with 80 percent of the money borrowed from Exim Bank of China.

Located in the commercial heart of Colombo, the tower has been called a symbolic landmark of Sri Lanka as well as a colossal white elephant and has been mired in controversy for years. (Colombo/Nov9/2026)

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CIC Holdings Sept quarter net profit rises 20-pct to Rs1.7bn

ECONOMYNEXT — Sri Lanka conglomerate CIC Holdings recorded a net profit of 1.66 billion rupees for the quarter ended September 30, rising 20.3 percent from 1.38 billion rupees in the same quarter last year, interim accounts showed.

The group posted basic earnings per share of 0.87 rupees for the September quarter, up from 0.73 rupees a year earlier.

Quarterly revenue grew 3.4 percent to 20.89 billion rupees from 20.20 billion rupees, supported by broad-based growth across industrial solutions, livestock, and healthcare segments, which counterbalanced relative demand moderation in agricultural inputs.

Cost of sales rose 5.3 percent to 15.20 billion rupees, outpacing revenue growth and causing gross profit to contract marginally by 1.2 percent to 5.68 billion rupees.

Results from operating activities dropped 7.3 percent to 2.66 billion rupees from 2.87 billion rupees, impacted by higher operating overheads.

Selling expenses expanded 6.8 percent to 2.15 billion rupees, and general and administrative expenses climbed 5.8 percent to 1.07 billion rupees, while other operating income dropped 29.6 percent to 117.40 million rupees.

However, operating profits were cushioned by an impairment reversal on trade receivables of 85.83 million rupees, turning around from an impairment provision of 23.38 million rupees in the corresponding quarter last year.

Net finance costs climbed 35.4 percent to 712.25 million rupees from 526.01 million rupees.

The increase was driven by a 30.8 percent rise in finance expenses to 771.46 million rupees, primarily reflecting higher interest expenses on loans to finance elevated working capital and inventory requirements.

The quarter’s bottom line was strongly bolstered by CIC’s equity-accounted investment in John Keells Holdings PLC (JKH).

Share of profit from equity-accounted investees surged more than fourfold to 590.50 million rupees from 257.87 million rupees, driven by JKH’s strong profit expansion during the period.

The group also recognized a gain on bargain purchase of 55.59 million rupees during the quarter resulting from additional share purchases in JKH where the proportionate net asset value exceeded acquisition cost, compared to no such gain a year earlier.

With associate income gains offsetting operating margin contraction and higher borrowing costs, group pre-tax profit held virtually flat at 2.59 billion rupees, down 0.11 percent.

Income tax expense fell 29.4 percent to 606.24 million rupees from 858.71 million rupees, driving total group profit for the period up 14.1 percent to 1.98 billion rupees.

Total group assets stood at 108.58 billion rupees as of September 30, up from 99.75 billion rupees at the end of March 2026.

Group net asset value per share increased to 25.52 rupees from 22.10 rupees a year earlier.

CIC Holdings’ ordinary voting shares closed at 27.80 rupees at the end of September.(Colombo/Nov09/2026)

 

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Sri Lanka stocks trend up; ASPI gains 0.78-pct

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange was trading higher on Monday, CSE data showed, with the benchmark All Share Price Index moving up 0.78 percent.

The ASPI was up 165.73 points at 21,405.38, while the more liquid S&P SL20 was up 0.61 percent, or 37.04 points, at 6,082.42.

Positive contributors to the ASPI were Commercial Bank (up 1.55 percent at 213.25 rupees), Ceylon Cold Stores (up 2.61 percent at 128.00 rupees), Asiri Hospital Holdings (up 10.00 percent at 30.80 rupees), Hemas Holdings (up 1.27 percent at 32.00 rupees), and Ambeon Holdings (up 6.02 percent at 37.00 rupees).

Namunukula Plantations (down 3.92 percent at 63.70 rupees), LOLC Holdings (down 0.62 percent at 400.00 rupees), and Chevron Lubricants Lanka (down 0.12 percent at 205.25 rupees) were top negative contributors.

Market turnover was 428.31 million rupees. Capital goods led turnover with 82.53 million rupees. (Colombo/Nov09/2026)

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Sri Lanka rupee at 332.54/58 to US dollar spot, bond yields steady

ECONOMYNEXT – Sri Lanka’s rupee was quoted at 332.54/58 to the US dollar spot on Monday, stronger from 332.55/60 Friday, while bond yields held broadly steady, dealers said.

A bond maturing on 15.09.2029 was quoted at 10.90/95 percent, up from 10.85/95 percent.

A bond maturing on 01.08.2030 was quoted at 11.00/10 percent, down from 11.05/10 percent.

A bond maturing on 01.02.2031 was quoted at 11.10/20 percent, up from 11.10/15 percent.

A bond maturing on 15.12.2032 was quoted at 11.58/68 percent, up from 11.55/65 percent.

A bond maturing on 01.06.2033 was quoted at 11.80/95 percent, up from 11.80/85 percent.

A bond maturing on 15.10.2034 was quoted at 12.08/15 percent, up from 12.05/12 percent.

A bond maturing on 15.08.2036 was quoted flat at 12.30/40 percent.

The telegraphic transfer rate for the dollar was 328.05 buying, 337.05 selling; the euro was 363.3528 buying, 377.1336 selling; pound was 437.5954 buying, 451.7038 selling.

On the Colombo Stock Exchange the All Share Price Index was up 0.78 percent, or 165.42 points, at 21,405; while the S&P SL20 was up 0.58 percent, 35.19 points, at 6,080.

90,000 million rupees Treasury bills are to be issued through an auction on November 11. (Colombo/Nov9/2026)

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