Invest Sri Lanka Forum opens in Singapore

At an Invest Sri Lanka forum in Singapore, Ray Abeywardena, Director of the Colombo Stock Exchange (CSE) and Group CEO at HNB Investment Bank, highlighted that Sri Lanka’s recent exchange rate stability is significantly boosting investor confidence and providing much-needed predictability for businesses. Abeywardena stated, “A key highlight of our recent achievement is the stability of the Sri Lankan rupee”. …

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CoPF criticises delays in gambling regulator setup

The Committee on Public Finance (CoPF) has voiced strong criticism over prolonged delays in setting up Sri Lanka’s Gambling Regulatory Authority (GRA), describing the latest draft of the GRA bill as inadequate. The remarks come soon after the opening of the City of Dreams integrated resort, which was granted a 20 year casino license. CoPF Chairman Dr. Harsha de Silva …

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