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BOI seeks new opportunities to accelerate FDI with designated ambassadors

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The chairman of the BOI, Mr. Arjuna Herath, and senior officials met with the Sri Lankan foreign services designated Ambassadors and diplomatic representatives led by Sumith Dissanayake, DG, Human Resources, and Mission Development, and discussed the way forward for FDI attraction to Sri Lanka

During the meeting, Mr. Herath also spoke about the need for targeted marketing initiatives and the establishment of incentives that would attract foreign investors. He encouraged the ambassadors to leverage their networks to create opportunities for partnership and investment in Sri Lanka’s growing economy. Mr. Hearth revisited recent economic developments and the significant turnaround in economic indicators. The significant GDP performance, which outperformed the forecasted 4.4% and realized 5 % growth, is due to the reliance of the Sri Lankan economy. The post-economic crisis period results in better performance in sectors such as tourism and construction.

During the meeting, the context of the Sri Lankan economic landscape and its stance on FDI attraction were further discussed. The monetary discipline, the Central Bank’s commitment to maintaining a stable and predictable money supply, is crucial for achieving price stability and a healthy economic environment. This has been achieved through various monetary policy instruments present-day context. This was evident in such areas as interest rate adjustments and open market operations, managing inflation (single-digit), and maintaining a stable exchange rate.  Further, it was discussed that healthier foreign reserves, in 2024 USD 7 billion, and aiming at USD 8 billion in 2025. Hence, it is evident that almost every aspect of the economic landscape brings positive indicators to investors; it would be a catalyst and provide a better platform for the Sri Lankan foreign mission overseas to promote the country.

The government’s commitment to debt restructuring and the IMF’s approval of the government’s effort to fulfill the economic transformation of the country, and normalizing the political ecosystem, and the effort of anticorruption, further discussed with the diplomatic community and explored new avenues to boost the image of the country. (BOI)



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Dr Asanka Senanayake named most popular dentist at BWIO Awards

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Founder of Shine Dental Care Dr. Asanka Senanayake receiving the award

Dr. Asanka Senanayake, founder of Shine Dental Care centres—which provide dental services across multiple locations—was recently honoured as the Most Popular Dental Doctor of the Year at the Business World International Awards 2025.

The awards, organised by the US-based Business World International Organisation (BWIO), recognised outstanding business ventures and professionals across various industries. The ceremony was held recently at the Mount Lavinia Hotel in Colombo.

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Another 43 Ceylinco Life sales officers graduate with diplomas in Financial Sales Management

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Ceylinco Life’s latest batch of graduates in Financial Sales Management with Directors of the company and representatives of SLIM.

A group of 43 sales officers of Ceylinco Life recently graduated with diplomas in Financial Sales Management, under a programme tailor-made for the life insurance market leader by the Sri Lanka Institute of Marketing (SLIM).

Covering subjects such as Financial Planning, Communication, Analytical Skills Development, Time Management, Financial Markets, and Taxation among others, the bespoke diploma programme was introduced by Ceylinco Life to enhance the skills, knowledge, and competencies of its sales personnel, and to nurture a highly proficient sales force capable of tapping into premier markets and delivering exceptional services to customers.

The nine-month course programme includes contemporary coursework, examinations and assignments to ensure a well-rounded education for the candidates.

Speaking at the graduation ceremony, Ceylinco Life Executive Director/Chief Operating Officer Samitha Hemachandra said the company had from its inception, placed special emphasis on developing and rewarding professionalism among the members of its sales force. “We led the way in equipping our sales professionals with digital tools, pushed them to obtain professional qualifications from leading international bodies relating to life insurance, to qualify for Million Dollar Round Table membership, and to improve their knowledge in finance,” he said. “As a result, they have earned the respect of the community and their peers, and built stable and lucrative careers with Ceylinco Life.”

SLIM President Prof. Jayantha N. Dewasiri said: “Promoting professional competence as a contributor to the economic growth of our country is one of the objectives of SLIM. In furtherance of this, we provide professional education to thousands of Sri Lankans every year, and are happy to support Ceylinco Life’s efforts to advance the careers of its sales officers though professional development. This is an example to other corporate entities.”

Ceylinco Life’s senior directors Messrs. Devaan Cooray and Palitha Jayawardena, Director/Deputy CEO Ranga Abeynayake, SLIM Vice President – Education & Research Dr Dilhan Sampath Jayatilleke, CEO Chamil Wickremasinghe other distinguished guests attended the graduation ceremony at the Ceylinco Life Auditorium.

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ComBank and Senok unveil special offers on construction machinery and equipment

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Commercial Bank Deputy General Manager – Personal Banking S. Ganeshan and the Deputy Managing Director of Senok Trade Combine Mr Ranjan Dahanayake exchange the MoU in the presence of representatives of the two companies.

Companies in the construction sector have been provided an opportunity to acquire new equipment through affordable leasing options created via a collaboration between the Commercial Bank of Ceylon and Senok Trade Combine (Pvt) Ltd., which represents global brands in construction machinery and equipment.

A memorandum of understanding signed by the two organisations provides for a series of special benefits to be provided to customers who purchase JCB and Kobelco branded construction equipment from Senok under a customised leasing package provided by Commercial Bank.

The benefits include special prices and lower interest rates, customised payment plans with attractive and affordable rentals, and the first three services at 50, 250 and 500 hours, free of charge.

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