Tripartite initiative to cultivate robust capital market in Sri Lanka

The Securities and Exchange Commission (SEC) and Colombo Stock Exchange (CSE), in partnership with the Sri Lanka–USA Business Council (SLUSABC), hosted a forum titled “Leveraging Diverse Capital Solutions: A Pathway to Business Agility and Resilience” in Colombo. Attended by 80+ entrepreneurs and professionals, the event highlighted Sri Lanka’s capital market potential, focusing on listings, funding alternatives, and economic recovery strategies.

SLUSABC President Charithra Hettiarachchi emphasized strengthening U.S.-Sri Lanka trade ties, stating, “Embracing diverse capital solutions enhances financial agility, enabling businesses to navigate uncertainties and seize opportunities.” SEC Chairman Prof. D.B.P.H. Dissabandara underscored the urgency to pivot from debt reliance (113% of GDP) to equity-driven growth: “Capital markets channel investments into viable projects. We need liquidity, listings, and collaboration to ensure sustainable development.”

Ashvanth Vijayaram of Capital Alliance Partners outlined capital market dynamics in his presentation, while a panel featuring JAT Holdings’ Anika Williamson, CSE’s Vindhya Jayasekera, and Vijayaram discussed listing challenges and benefits. Moderated by Financial Times Editor Nisthar Cassim, the session stressed transparency and strategic planning for firms eyeing public offerings. An interactive Q&A further enriched the dialogue.