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‘Invest Sri Lanka’ forum to be held in March 2025 in Colombo

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The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with the Stock Broker industry, will host the “Invest Sri Lanka” Capital Market Investor Forum on March 27th and 28th 2025, at the Shangri-La Hotel in Colombo. The event is aimed at promoting investment in the Sri Lankan capital market among institutional investors and fund managers based both locally and internationally.

This flagship forum will bring together key stakeholders from Sri Lanka’s capital market ecosystem to showcase the country’s investment potential. It will highlight Sri Lanka as an attractive investment destination, especially in light of recent economic reforms and the latest upgrade from Fitch Ratings, which has raised Sri Lanka’s long-term foreign currency issuer default rating from Restricted Default (RD) to CCC+. This upgrade reflects the country’s significant progress in stabilizing its economy and signals that the risk of imminent default has eased, fostering growing confidence in Sri Lanka’s financial recovery. It is a crucial milestone in the country’s efforts to rebuild credibility and regain investor trust, playing an essential role in attracting both domestic and international investors, particularly through debt restructuring efforts, fiscal reforms, and securing international support, such as the ongoing IMF program.

This improvement is expected to provide an important boost to investor sentiment, as it demonstrates Sri Lanka’s commitment to addressing its economic challenges and taking necessary steps to ensure long-term fiscal stability.

The ‘Invest Sri Lanka’ Capital Market Investor Forum 2025 will feature leaders in Government, financial and capital market sectors, including regulators, market intermediaries and listed companies to make a collective case for Sri Lanka as an attractive investment destination.

The forum will provide networking opportunities, fostering meaningful connections and promoting synergies that highlight the investment potential within Sri Lanka’s dynamic capital market. Pre-scheduled one-on-one discussions between international fund managers and Sri Lankan companies will facilitate further investment partnerships.



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VIMAN Street Cricket Cup 2025 by John Keells Properties concludes

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The VIMAN Street Cricket Cup 2025, an initiative by John Keells Properties in collaboration with Sri Lanka women’s cricket legend, Chamari Athapaththu, successfully concluded on the 2nd of February 2025 at the BOI Cricket Ground in Katunayake. Designed to encourage and support women’s cricket at the grassroots level, the tournament reflected a strong commitment to identifying and nurturing talent while creating opportunities for emerging female players across Sri Lanka.

Bringing together aspiring young cricketers from diverse backgrounds, the event served as a visible platform for schoolgirls to showcase their skills, compete at a high level, and take their first steps toward a potential future in cricket.

Chamari Athapaththu

The event drew a large crowd, comprising of students from participating schools, parents, and many more, from the local community in Gampaha. The matches were played in a tournament format, concluding with the semi-finals and finals. The competition was divided into Under 16 and Under 19 categories, with the Under 16 title claimed by Devi Balika Vidyalaya, Colombo, while Nenamal Royal College, Mawaramandiya finished as the runners-up. In the Under 19 category, Anula Vidyalaya, Nugegoda secured the championship title, with Rathnavali Balika Vidyalaya, Gampaha finishing as runners-up. The enthusiastic turnout clearly showed the growing momentum behind women’s cricket in Sri Lanka and reinforced the importance of platforms such as the VIMAN Street Cricket Cup in inspiring young women cricketers.

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El Teb Estate: A timeless icon of Sri Lanka’s tea legacy

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Nestled in the hills of Sri Lanka’s picturesque Uva Province, El Teb Estate is a living testament to the rich history, relentless innovation and deep-rooted community values that define the island’s tea industry. With a heritage spanning over a century, El Teb Estate embodies the spirit of resilience and excellence, producing some of the finest teas sought after by tea connoisseurs all over the world.

El Teb Estate’s story begins in 1896 with Captain Hamilton Gordon of the Gordon Highlanders, a soldier turned planter who traded his military glory for the lush plantations of Uva. His first encounter with the island came as aide-de-camp to Governor Sir Arthur Gordon (later Lord Stanmore), where he was deeply enchanted by Sri Lanka’s natural beauty. Through George Steuart & Co., he was introduced to J.J. Robinson, who guided him to Heathstock, a humble cardamom estate nestled along the Madulsima road four miles from Passara. Captivated by its potential, Captain Gordon, fondly known as “El Teb Gordon”, acquired the property and renamed it “El Teb” as homage to his military past at the Battle of El Teb in Sudan (1884), where he had served with distinction.

Evolution of a Landmark Estate

Over the years, his vision transformed El Teb into a thriving estate, consolidating nearby lands like Deyanawatte and Galbokke, while keeping Heathstock as the nucleus. Some of these acquisitions came about in colourful ways—legend has it that Gordon bought Deyanawatte from a traveler at the Badulla Club for £50 without the seller even knowing where the estate was located.

Other significant additions included Devenick, an abandoned coffee estate, and portions of St. Mary’s and Kitulkellie. His knack for recognizing opportunity led to the estate’s rapid expansion, including ventures into tea, coffee, and rubber cultivation. Gordon’s innovative spirit, from introducing labor-friendly practices such as serving hot tea during morning muster, to experimenting with crop diversification, reinforced his reputation as a pioneering planter.

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FitsAir expands Dhaka operations with additional weekly flights

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FitsAir, Sri Lanka’s leading low-cost airline, is pleased to announce the expansion of its Colombo-Dhaka service with the addition of two new weekly flights. Previously operating three times a week, the enhanced schedule will now offer five weekly flights, providing passengers with greater travel flexibility and convenience.

The additional flights will operate from February 15 to March 29, 2025, with departures on Tuesdays, Wednesdays, Thursdays, Saturdays, and Sundays. This improved frequency ensures more seamless travel for both business and leisure passengers flying between Sri Lanka and Bangladesh at the most affordable rate.

“As Sri Lanka’s first privately-owned international airline, our mission is to deliver affordable, reliable, and on-time travel experiences,” said Ammar Kassim, Executive Director of FitsAir. He further stated, “Expanding our Dhaka operations is a significant step in strengthening regional connectivity, and with increased frequency, passengers now have more travel options, flexibility, and affordability. We are already planning to raise the frequency to six flights per week during the upcoming summer season.”

FitsAir has been expanding its footprint across key regional destinations. In addition to Dhaka, the airline operates daily flights to Dubai and Malé and three weekly flights to Chennai, ensuring passengers have access to a growing network of popular travel routes.

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