News
Global thought leaders to headline Sri Lanka Economic and Investment Summit
A powerhouse roster of international and regional experts will headline the Sri Lanka Economic and Investment Summit 2025, setting the stage for a world-class dialogue on reform, resilience, and investment-led growth.
Organised by The Ceylon Chamber of Commerce, the two-day summit will take place on 02 and 03 December at the Shangri-La Hotel, Colombo.
Leading the international lineup of Keynote Speakers across the Summit’s sessions, is Kenneth Shen, Chairman of EDOTCO Group, Malaysia, and Astro Holdings.
With over three decades in investment, corporate finance, and capital markets, Shen brings a wealth of experience on regional capital flows and private sector transformation.
Gevorg Sargsyan, World Bank Country Manager for Sri Lanka, brings over two decades of experience in infrastructure, energy, and climate finance.
He has held senior roles across Europe, Central Asia, and East Asia, and served as the Global Lead for Clean Energy, contributing to policy development, financing strategies, and sustainable energy solutions.
Dr. Alex Patelis, former Chief Economic Adviser to the Prime Minister of Greece, offers comparative insights from Greece’s post-crisis recovery and reform journey.
Having served as Global Head of FX & Debt Strategy and Managing Director of Global Research at Merrill Lynch, and Chief Economist at PSQR, he brings unmatched expertise in macroeconomic reform and financial strategy.
From the sustainability and logistics front, Tim Miltenburg, Global Head of Decarbonisation at APM Terminals, will spotlight the future of green logistics and sustainable trade. Leading APM’s ambitious mission to achieve net-zero emissions across all terminal sites by 2040, he heads the company’s Decarbonisation Centre of Excellence in The Hague.
Adding an investor’s perspective, Ruchir Desai, Co-Fund Manager of the AFC Asia Frontier Fund, Hong Kong, brings deep market experience from across Asia’s frontier economies.
His fund was recently recognised as the Best Emerging Market Equity Fund at the 2025 Asian Investor Asset Management Awards.
Natalie Kidd, Managing Director of Intrepid Travel – Asia, brings nearly 20 years of experience in building one of Asia’s largest responsible travel networks.
Overseeing Intrepid’s operations across 28 offices, Ms. Kidd has also served on the Board of the Global Sustainable Tourism Council, contributing to the global sustainability conversation.
Prof. Sanjay Kathuria, Visiting Senior Fellow at the Centre for Social and Economic Progress and former World Bank Economist, who brings over 35 years of experience in development economics and policy research, will provide a South Asian perspective on trade, competitiveness, and integration.
Imad N. Fakhoury, IFC Regional Director for South Asia, drives sustainable, private-sector-led growth in the region, focusing on financial inclusion, climate financing, and public-private partnerships.
He previously served as Global Director of Infrastructure Finance, PPPs & Guarantees at the World Bank and held senior ministerial roles in Jordan, including Minister of Planning and International Cooperation.
Bringing a local investment focus, Arjuna Herath, Chairman of the Board of Investment of Sri Lanka, will outline the country’s renewed drive to attract sustainable, export-oriented investments aligned with Sri Lanka’s long-term development goals.
SLEIS 2025 is supported by: Platinum sponsors – Nestle, Standard Chartered Bank, Unilever, Silver Sponsor – VISA, Bronze sponsor – South Asia Gateway Terminals, Session sponsors – Colombo Stock Exchange and Sunshine Holdings, Television Partner – Dialog Television, Telecommunications Partner – Dialog, Hospitality Partner – Shangri-La Hotel, Colombo, Strategic Partners – Ministry of Foreign Affairs, Department of Commerce, Ministry of Trade, Commerce, Food Security and Co-operative Development, Board of Investment, Export Development Board, Sri Lanka Convention Bureau, Strategic Development Partner – Asian Development Bank, Knowledge Partner – World Bank, Logistics Partner – Hayleys Advantis, and Official Airline – SriLankan Airlines.
Register for the Summit at https://sleis.chamber.lk/.
For more information, contact Alikie – 0115588805 / alikie@chamber.lk or Lilakshi – 0115588818 / lilakshi@chamber.lk.
News
PM Harini leads panel to protect public services
The newly appointed Cabinet Committee tasked with ensuring the uninterrupted functioning of Sri Lanka’s public service held its inaugural meeting on Thursday (19) at the Presidential Secretariat under the patronage of Prime Minister Dr Harini Amarasuriya.
The Committee convened to discuss strategies to maintain seamless government operations in the face of potential disruptions caused by the ongoing conflict situation in the Middle East, with particular focus on energy resource management.
According to officials, the discussions emphasised sustaining essential government services, ensuring continued service delivery to the public, and addressing the operational challenges faced by public sector employees during the current circumstances. The Committee also examined measures to mitigate any disruptions that could affect day-to-day administrative and service functions across ministries and departments.
Key attendees at the meeting included the Minister of Public Administration, Provincial Councils and Local Government A. H. M. M. H. Abayaratne; Secretary to the President Dr Nandika Sanath Kumanayake; Secretary to the
Prime Minister Pradeep Saputhanthri; Chief of Staff to the President Prabath Chandrakeerthi; and senior secretaries from key ministries including Health and Mass Media, Transport, Highways and Urban Development, Energy, and Digital Economy.
Representatives from state institutions such as the Ceylon Petroleum Corporation were also present, highlighting the government’s focus on energy security as a central priority. The Committee’s deliberations underscored a coordinated approach to balancing uninterrupted public service delivery with effective management of limited energy resources amid the ongoing geopolitical uncertainties.
Observers note that the formation of this Cabinet Committee reflects the government’s proactive stance in safeguarding national administrative functions and ensuring that critical public services remain resilient during times of external pressures.The Committee is expected to meet regularly to monitor developments, evaluate emerging risks, and implement practical measures to maintain operational continuity across the public sector.
News
Sajith slams President over war conduct and economic missteps
Opposition Leader Sajith Premadasa on Friday lashed out at President Anura Kumara Dissanayake in Parliament, accusing him of failing to uphold international law during wartime.
Premadasa said the President’s claim of neutrality ignored breaches of the UN Charter—including Articles 2.4 and 2.7—and other global conventions. “A neutral stance requires openly acknowledging violations,” he argued, criticizing the absence of ethical mechanisms to safeguard international law.
He also questioned the President’s handling of maritime issues, particularly whether Sri Lanka had been informed of the alleged attack on the Iranian vessel IRIS Dena, stressing that the Exclusive Economic Zone (EEZ) permits only peaceful activity.
On the economic front, Premadasa condemned the government for missing a chance to buy Russian oil during a 30-day U.S. sanctions suspension.
He said attempts to advise the Foreign Ministry, including a meeting with the Russian Ambassador, yielded no progress.
Premadasa further ridiculed the government’s earlier dismissal of the QR code fuel system, noting that officials are now adapting to it.
Turning to broader economic concerns, he called for immediate negotiations with the IMF to secure a new agreement, warning that the current primary balance of 2.3 is unsustainable. He stressed the urgent need for a poverty-reduction program, highlighting that one-third of Sri Lankans live in poverty.
He also demanded that surplus Treasury funds be used to support relief packages, arguing billions in reserves could aid households struggling with income shortfalls.Concluding his address, Premadasa criticized the government for failing to prepare for foreseeable crises, leaving the country vulnerable.
News
Johnston Fernando, sons held in Lanka Sathosa lorry misuse case
Former Minister Johnston Fernando, his two sons, and three others were remanded by the Wattala Magistrate’s Court yesterday (20) until April 2, the court confirmed.
The suspects, including Fernando’s elder son Johan, younger son Jerome, and a former transport manager of Lanka Sathosa, are under investigation by the Police Financial Crimes Investigation Division (FCID).
Authorities allege the Lanka Sathosa lorry was misused for operations linked to an ethanol company reportedly owned by Fernando, causing an estimated Rs. 2.5 million loss to the state.
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