Rushil Pasqual

Sri Lanka must improve ease of doing business and reduce regulatory uncertainty to attract high-quality foreign investment, the President of the American Chamber of Commerce in Sri Lanka (AmCham) Sandun Hapugoda said. Speaking to Newswire, Hapugoda noted that Sri Lanka is currently at a critical stage in its economic recovery, stressing that policy clarity, consistency, and faster decision-making are essential to attract and retain foreign direct investment. He pointed out that regulatory uncertainty remains one of the biggest barriers to investment, despite Sri Lanka’s advantages such as its strategic location, skilled workforce, and growing digital infrastructure. “Investors require predictability in policy direction and timely decision-making to confidently deploy capital. Delays, ambiguity, and fragmented processes can often outweigh the country’s inherent advantages,” he said. Hapugoda also highlighted that global capital is highly competitive and mobile, urging Sri Lanka to respond with urgency, transparency, and coordination among stakeholders to remain attractive to investors. The American Chamber of Commerce in Sri Lanka announced that it is establishing a structured platform and coordination mechanism aimed at fast-tracking investment proposals and addressing operational challenges faced by US businesses operating in Sri Lanka. According to AmCham, the initiative will focus on accelerating engagement between investors and government institutions, providing clarity on regulatory and policy matters, creating a responsive feedback system, and promoting a fair and competitive business environment. The Chamber said the objective is to improve Sri Lanka’s ease of doing business and strengthen the investment climate, enabling both existing and prospective investors to operate with greater confidence. Hapugoda further added that public-private collaboration is key to unlocking Sri Lanka’s economic potential and accelerating sustainable growth, noting that timely reforms and coordinated action are urgently needed. (Newswire)

No more war! Colombo ❤️ Pic - Thilina K

A hundred in a World Cup final is always special. Incredible from Vaibhav to score 175 off 80. Big boundaries too. 👏

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The UN Office for the Coordination of Humanitarian Affairs says initial assessments indicate that more than 15,000 homes have been destroyed, over 200 roads remain impassable, at least 10 bridges have been damaged, and sections of the rail network and national power grid affected due to the impact of Cyclone Ditwah, which triggered some of the most severe flooding Sri Lanka has seen since the early 2000s.

Sri Lanka is facing a long road to recovery. 🇱🇰💔 Thousands have lost their homes and livelihoods, and support is urgently needed to help families rebuild. Special bank accounts have been opened for local and international donations. Every contribution can make a real difference. Stand with Sri Lanka. 🙏🇱🇰

Several volunteers came in to assist air force personnel to clear the Bell 212 helicopter that crashed during relief & rescue operations in Wennapuwa in which its pilot Wing commander Nirmal Siyambalapitiya passed away in the line of duty. This is the strength of Sri Lankans!

Thousands of Sri Lankans have seen their beautiful homes reduced to rubble in just a matter of days. One resident shared a photo of the place he once called home — and the heartbreaking image of what remains now. Families across the country will need immense support to rebuild their lives from zero.

Sri Lankan Cricketers and support staff have decided to donate the tour money and match fees from the Pakistan series to support those affected by the devastating floods and landslides. The team says it will do more upon returning home. Standing with all Sri Lankans

Drop "333" to claim it!!

🚨🗣️ Ousmane Dembele: "After I won the Ballon d’Or, I had a call with Cristiano. I felt really happy when he congratulated me."

@Hamzasharif5750 .

Australia’s new High Commissioner Matthew Duckworth kicks off his diplomacy with a spin in an electric tuk-tuk in search of Australian dhal, stopping at an Australia-backed campus, pausing for coffee and cricket, and ending with rice, curry and pol roti. Enjoy. @AusHCSriLanka

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"It's been a privilege to play with you and captain you" – Legendary Kumar Sangakkara pays tribute to Angelo Mathews as the Sri Lankan great retires from Test cricket. 🇱🇰🫡