Prøve GULL - Gratis

Sri Lanka Economic and Investment Summit focuses on Ditwah, reforms and growth

Daily FT

|

December 03, 2025

The conversation then shifted to the quality of the recovery, with attention on whether recent stabilisation is translating into durable, investment-driven expansion.

Sri Lanka Economic and Investment Summit focuses on Ditwah, reforms and growth

THE Sri Lanka Economic and Investment Summit 2025, the flagship annual forum of the Ceylon Chamber of Commerce, opened yesterday with over 800 participants, including 100 foreign delegates.

Originally planned around the theme “Gateway to Growth: Asia's Emerging Opportunity”, the summit's agenda in the aftermath of the devastating effects of Cyclone Ditwah instead became a conversation on national resilience, near-term recovery and the task of rebuilding stability after the debt crisis.

Opening the event, Ceylon Chamber of Commerce Chairperson Krishan Balendra said the disaster had altered the national mood and the purpose of the summit. He noted that the Chamber had paused its original program to reflect on the loss of life and widespread destruction, and said the business community was working with Government agencies to support relief operations.

Balendra said the summit, now in its twenty-fifth year, would proceed with a revised focus to examine how the country can recover quickly, safeguard macroeconomic stability and preserve the gains made since the economic collapse in 2022. All funds originally earmarked for social activities will be redirected to relief work.

Despite the immediate crisis, he said Sri Lanka remained on a credible path of economic recovery, with inflation stabilising, confidence improving, growth nearing 5%, domestic debt restructuring completed and stronger inflows from exports, tourism and remittances. International institutions, including the IMF and the World Bank, had also signalled confidence in the reform trajectory.

Balendra said the strong turnout of over 800 delegates, including more than 100 foreign participants, reflected renewed investor interest in the country's medium-term prospects and its position in the Indian Ocean.

FLERE HISTORIER FRA Daily FT

Daily FT

Daily FT

Nation branding ‘earned, not advertised’: Mudadeniya

SRI Lanka Tourism Advisory Committee Chairman Dileep Mudadeniya stressed that nation branding and destination marketing are fundamentally different, whilst urging the policymakers and industry stakeholders to clearly understand this distinction when shaping Sri Lanka’s long-term tourism strategy.

time to read

2 mins

December 11, 2025

Daily FT

Hela Apparel outlines Rs. 15.1 b debt restructuring terms

HELA Apparel Holdings PLC yesterday said it has reached agreements in principle with all lending banks on a debt restructuring proposal covering Rs. 15.1 billion in existing borrowings, while discussions continue with prospective strategic investors regarding a potential investment ranging from Rs. 3 billion to Rs. 4.4 billion.

time to read

1 mins

December 11, 2025

Daily FT

Daily FT

What it means to live with memory loss and dementia

IT is one of the most heartbreaking moments a child can face when a parent looks at them with confusion instead of recognition.

time to read

2 mins

December 11, 2025

Daily FT

Cargills Bank announces Rs. 2.5 b rights issue

CARGILLS Bank PLC has proposed a Rs. 2.5 billion rights issue to boost its capital position and support lending expansion.

time to read

1 min

December 11, 2025

Daily FT

Work in Sri Lanka to unite global talent and local industry leaders

To host networking summit on 17 December

time to read

2 mins

December 11, 2025

Daily FT

Daily FT

Hemas listed in Forbes' Top 200 Under A Billion in Asia for 2025

HEMAS Holdings PLC has been recognised among Forbes Asia’s 200 Best Under A Billion companies for 2025, ranking as one of the region’s top performing organisations.

time to read

1 min

December 11, 2025

Daily FT

Daily FT

Sampath Bank powers PickMe with cutting-edge payment tech

SAMPATH Bank PLC has partnered with Digital Mobility Solutions Lanka PLC, the legal entity behind PickMe, Sri Lanka’s leading technology platform facilitating mobility, delivery and experiences, to successfully integrate Visa's CyberSource internet Payment Gateway.

time to read

1 min

December 11, 2025

Daily FT

MIT and Microsoft to support data collection on damages caused by Cyclone Ditwah

Nations worldwide provide financial and material support to 'Rebuilding Sri Lanka'

time to read

1 min

December 11, 2025

Daily FT

Daily FT

Plantations veteran Sunil Poholiyadda joins Colombo Fort Land Board

THE Colombo Fort Land and Building PLC has appointed Sunil Poholiyadde to its Board as a Non-Executive Director.

time to read

1 min

December 11, 2025

Daily FT

ComBank named Sri Lanka's Best Trade Finance Bank at Euromoney Awards 2025

Honoured for outstanding support to Sri Lanka's trade sector

time to read

1 mins

December 11, 2025

Listen

Translate

Share

-
+

Change font size