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Invest Sri Lanka Forum draws strong investor interest in Singapore

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The “Invest Sri Lanka” Investor Forum, organised by the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with the High Commission of Sri Lanka to Singapore, successfully concluded at the Conrad Singapore Marina Bay, making a compelling case for channeling investment flows into Sri Lanka. The event attracted over 150 prospective investors from diverse sectors in Singapore.

The forum brought together a distinguished line-up of speakers, including Prof. Anil J. Fernando, Minister of Labour and Deputy Minister of Economic Development; Dr. P. Nandalal Weerasinghe, Governor, Central Bank of Sri Lanka; Senarath Dissanayake, High Commissioner of Sri Lanka to Singapore; Senior Professor D.B.P.H. Dissabandara; Chairman, SEC; Ray Abeywardena, Director, CSE; Ruchir Desai, Fund Manager, Asia Frontier Capital Ltd; and Dr. Naveen Gunawardane, Managing Director, LYNEAR Wealth Management. Their insights underscored Sri Lanka’s ongoing reforms, improved macroeconomic stability, and attractive capital market valuations, positioning the country as a frontier market investment destination.

The Sri Lankan delegation included senior representatives from the SEC, CSE and 11 listed companies, and stockbroking firms, collectively presenting a strong case for investment opportunities in Sri Lanka.

Delivering the welcome address, Senarath Dissanayake stated “It is our hope that this forum will not only highlight key developments in Sri Lanka’s capital markets but also inspire new partnerships between Sri Lankan and the Singaporean business communities. Singapore has long been a valued partner for Sri Lanka in investment and innovation. With Sri Lanka’s evolving policy framework and strategic location at the crossroads of South and Southeast Asia, we see compelling opportunities in infrastructure, services, manufacturing, logistics, and the digital economy”.

Commencing the proceedings, Ray Abeywardena observed, “Sri Lanka is not merely a story of recovery, it is a story of transformation. We have a stable macroeconomic environment, a committed reforms agenda, and a capital market gaining regional traction. This is a moment of alignment between policy, performance, and potential. Whether through financial instruments, infrastructure projects, digital finance, or capital market participation, Sri Lanka offers a strategic gateway to a market defined by resilience, reform, and growing global relevance”.

Stressing on the untapped power of the capital market Senior Professor D.B.P.H. Dissabandara remarked, “If a public listed company company like John Keells Holdings can raise the majority of USD 1.4 billion for Cinnamon Life, half the size of the IMF bailout, through our own capital market, why can’t the Government do the same? We have political stability, strong market sentiment, sound macroeconomic fundamentals, and the right policy mindset. The playground is ready, now it’s time to play the match. The SEC will continue to safeguard market integrity while facilitating market development.” Given the current economic situation in the country Professor Dissabandara highlighted that capital market-based financing for SOEs is not just an option but a necessity to enable vibrant growth and economic stability

HProfessor Anil Jayantha Fernando, Minister of Labour and Deputy Minister of Economic Development, presented the government’s policy outlook, focusing on an investment-led growth strategy to reverse a “lost decade” of economic stagnation, supported by new fiscal legislation and sectoral priorities including energy, tourism, manufacturing, agriculture, logistics, and digitalisation.

Highlighting the Government’s commitment to investor confidence, Hon. Prof. Fernando said, “The political sphere is now firmly focused on delivering clean, corruption-free governance. This will be a major boost for investor confidence. Coupled with consistent policies and the provision of modern infrastructure, we are creating a strong foundation for investment growth”.

Dr. P. Nandalal Weerasinghe remarked “We believe the next wave of investment will transform Sri Lanka’s economic landscape. With debt restructuring nearing completion and the potential for a sovereign rating upgrade from CCC+ to the B category, market sentiment is already poised to respond positively. Now is the time to seize the opportunity, before the upgrade takes place”.

He highlighted that key reforms for long-term stability have been implemented, and strong external, monetary policy and fiscal buffers are now in place. Despite severe pressures during the crisis, the banking sector remained solvent, avoided failures, and today stands well-capitalised and highly liquid,” Dr. Weerasinghe said.

The programme featured two panel discussions: “Outlook of the Sri Lankan Economy in Light of Global Uncertainty”, moderated by Ms. Avril Hong, Singapore Reporter for Bloomberg Television & Radio; and “Sri Lankan Equity Market Outlook”, moderated by Ms. Ana Isabel Gonzalez, Chief Investment Officer, Farringdon Asset Management. These sessions explored macroeconomic trends, market performance, and sectoral growth potential, engaging participants in a forward-looking dialogue.

The event concluded with a networking session and one-on-one meetings between Sri Lankan corporates and international investors, fostering direct engagement and potential deal flow. The impact was immediate—foreign investor interest surged, with market turnover exceeding Rs. 1 billion within the first hour of trading the following day, a clear sign of positive sentiment generated by the forum.

The forum was supported by the Singapore Sri Lanka Business Association (SLBA), CFA Society Sri Lanka, International Chamber of Commerce (ICC) Sri Lanka, Singapore Indian Chamber of Commerce and Industry (SICCI), and Sri Lankan Airlines.



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HNB partners IDEAL Motors to drive financial freedom through vehicle leasing solutions

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HNB, Senior Vice President/Head of Retail Banking, Kanchana Karunagama and Director of Legal & Corporate Affairs, Nimisha Welgama sharing the MoU, alongside the representatives from both organizations

HNB PLC, the leading private bank in Sri Lanka, has partnered with IDEAL Motors (Pvt) Limited to provide customers with attractive leasing solutions for brand-new vehicles & generators .

The partnership introduces a range of benefits designed to support individuals, entrepreneurs, and businesses seeking reliable vehicle and power solutions. Through this collaboration, customers can access structured lease facilities, special interest rates, free life insurance coverage, and attractive discounts through HNB General Insurance.

Commenting on the partnership, HNB, Senior Vice President/ Head of Retail Banking, Kanchana Karunagama, said, “At HNB, we believe that the right financial support can help people and businesses move forward with greater confidence. This partnership with IDEAL Motors shows our commitment to creating meaningful solutions that make vehicle and power investments more accessible, while helping our customers achieve their personal and business aspirations. By combining HNB’s financial expertise with IDEAL Motors’ industry capabilities, we are creating opportunities that support the ambitions of Sri Lankans and contribute towards a stronger, more connected economy.”

Customers purchasing vehicles through IDEAL Motors will also benefit from exclusive offers including free registration, and discounts on Bolero Maxx Pik-Up, Alfa Plus Load Carrier, Mahindra Pik-Up Single Cab, Mahindra Pik Up Double Cab, XUV 3XO vehicles, creating greater value throughout their ownership journey.

IDEAL Motors (Pvt) Limited, Director Legal and Corporate Affairs, Nimesha Welgama, said, “Our collaboration with HNB represents a shared commitment to supporting Sri Lankans in achieving greater financial independence through accessible ownership solutions. By combining IDEAL Motors’ mobility and power solutions with HNB’s financial expertise, we aim to empower individuals and businesses with opportunities that contribute to economic progress and community development. This partnership highlights our vision of creating lasting value by enabling customers to confidently invest in their future.”

With IDEAL Motors recognised for its diverse portfolio of automotive and power solutions, and HNB’s extensive expertise in financial services, the partnership aims to provide a seamless experience from selection to ownership, supported by flexible financing options and customer focused solutions.

The partnership further strengthens HNB’s commitment to supporting economic progress by providing financial solutions that enable customers to invest in personal mobility, commercial growth, and business continuity. Through collaborations with leading industry partners, HNB continues to expand opportunities for Sri Lankans while delivering a banking experience built around accessibility, trust, and value.

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Sri Lanka Insurance Corporation General and the Ministry of Education committed to protect Sri Lanka’s schoolchildren

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Sri Lanka Insurance Corporation General Ltd (SLICGL) and the Ministry of Education, Higher Education and Vocational Education share a commitment to protect Sri Lanka’s children throughout their school education. The pledge is delivered through the Suraksha Student Insurance Scheme, which protects over 4 million school children.

The Government of Sri Lanka, through the Ministry of Education, Higher Education and Vocational Education, provides the Suraksha Student Insurance Scheme free of charge to schoolchildren throughout the country. SLICGL is proud to partner with the Ministry in delivering this national initiative, which helps safeguard students against the financial impact of unforeseen circumstances.

Eligible students include those aged 5-21 years in Grades 1-13 from government schools, government-approved private schools, and Pirivena education, as well as students aged 4-21 years in assisted special schools.

The scheme provides hospitalisation, outpatient and critical illness cover, as well as personal accident cover for permanent and temporary disability, together with a life insurance benefit for children from low-income families on the death of a parent. Cover applies to incidents within and outside school premises.

For a child, an illness or accident can be far more than a temporary setback. It can place added pressure on a family and, in some circumstances, disrupt schooling. Suraksha acts as a safety net, giving children and their families greater peace of mind and helping them stay in school despite life’s uncertainties. The scheme is easily accessible through SLICGL’s islandwide network of 200 branches and customer service centres.

Children’s Day is a celebration of hope, the hope for every child to have the opportunity to learn, grow and build a better future. Celebrating children also means protection, not for a single day but for every day they spend in the classroom.

Commemorating Children’s Day, SLICGL extended support towards the educational needs of children at an underprivileged school. The project highlighted the company’s belief in protecting the future not only by being supportive when the unexpected happens, but also in helping create an environment in which children can learn, grow and fulfil their potential.

As Sri Lanka’s National Insurer, SLICGL’s role goes further than protecting people against risk. It is also about contributing to a stronger, safer and more resilient country as children’s education, wellbeing and aspirations contribute directly to help build the journey ahead.

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Vietjet launches Hanoi to Prague route via Almaty, expanding to Central Asia and Europe

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Inaugural celebrations for the new Prague to Almaty and Prague to Hanoi services mark an important milestone in Vietjet’s intercontinental network expansion

Vietjet, which already flies between Colombo and Ho Chi Minh City, has officially launched new services connecting Hanoi with Almaty, Kazakhstan, and Prague, Czech Republic, as well as Almaty with Prague, expanding its intercontinental network and marking its entry into the European Union. The new air links offer more affordable travel options while fostering greater tourism, trade and cultural exchange between Asia and Europe.

For Sri Lanka, the new routes widen the network that Vietjet is building out of Colombo. The airline has operated non-stop flights between Colombo and Ho Chi Minh City since August 2026, three times a week on Tuesdays, Thursdays and Saturdays, while its new Ho Chi Minh City to Maldives service via Colombo is scheduled to begin on 5 December 2026. With Hanoi now linked to Central Asia and Europe, Sri Lankan travellers have a growing choice of destinations reachable through Vietjet’s extensive network.

The inauguration ceremonies took place at Almaty International Airport and Václav Havel Airport Prague on 10 October, amid a warm welcome from local leaders, residents and visitors. The inaugural flights were greeted with traditional water cannon salutes and performances showcasing local cultural heritage, marking the beginning of new journeys connecting the three regions and welcoming international travellers to Vietnam. Passengers on the inaugural flights also received commemorative gifts from Vietjet and the airports, adding a special touch to their journeys.

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