Australia Sri Lanka Business Council

Registrations for all events are closed now.
17th @ Hyatt Place Essendon,
@ Novotel Glen Waverley & 20th @ Sofitel Melb

Sydney and Melb - city , Essendon and Glen Waverley events are all full and we cannot take any more registrations. Thank you to those who registered.

Invest Sri Lanka Event.
Free Registration:

18 Aug - Hyatt Place, Essendon Fields
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19 Aug - Novotel, Glen Waverley
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At the ‘Invest Sri Lanka’ Investor Forums, the SEC (Securities and Exchange Commission) and CSE (Colombo Stock Exchange) aim to showcase Sri Lanka as an attractive alternative investment destination for global investment funds, institutional investors, and high-net-worth individuals seeking new growth opportunities. Australia is in the top 10 international investors of CSE.
Participants will have the unique opportunity to engage directly with distinguished leaders from Sri Lanka’s public and private sectors, including Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka; Hon. Chathuranga Abeysinghe, Deputy Minister of Industry and Entrepreneurship Development of Sri Lanka; Senior Prof. D.B.P.H. Dissabandara, Chairman of the Securities and Exchange Commission of Sri Lanka; and Mr. Ray Abeywardena, Director of the Colombo Stock Exchange and many fund managers from Sri Lanka.

Contact: 61 414 437 903

https://www.facebook.com/share/1S5sTQoudh/?mibextid=wwXIfr

The Board of Investment’s (BOI) newly appointed Director General Dr. Sulakshana Jayawardena yesterday outlined a broad reform agenda to improve Sri Lanka’s investment climate, identifying policy inconsistency, cumbersome approvals, land acquisition delays, and skills shortages as among the principal obstacles preventing the country from attracting higher levels of foreign direct investment (FDI).

Addressing the CA Sri Lanka 5th Annual Economic and Tax Symposium, Dr. Jayawardena said Sri Lanka attracted $ 1.063 billion in realised FDI last year, falling short of its $ 1.5 billion target. The target for this year remains $ 1.5 billion in realised investments and $ 2 billion in committed investments.

As at June, realised FDI stood at approximately $ 250 million, highlighting the scale of the challenge in meeting this year’s target.

Dr. Jayawardena distinguished between committed and realised investments, explaining that committed investments are recorded when agreements are signed with investors, while realised investments are recognised only after foreign currency is remitted into Sri Lanka through Inward Investment Accounts.

While acknowledging that global economic conditions continue to weigh on investment flows, he said Sri Lanka must also address longstanding domestic constraints.

“One of the key challenges to enhancing investor confidence is policy consistency and the institutional regulatory framework,” he said.

Dr. Jayawardena noted that, depending on the nature and location of a project, investors are often required to obtain approvals from more than 20 public institutions, with agencies operating under different procedures and without agreed timelines.

“If you are going to say no, that is acceptable if you tell it in a timely manner, rather than dragging and asking several things and putting the investment into trouble,” he said.

Read The DailyFT for more: www.ft.lk

Officially launched! Save the date 5 October 2026 🇦🇺🇱🇰

For the first time ever, the Australia Sri Lanka Business Council will be hosting the inaugural ASLBC Honour Roll & Business Awards — a landmark celebration of leadership, excellence and contribution across the Australia–Sri Lanka business community.

This milestone event is one for the calendar, bringing together business leaders, professionals, entrepreneurs and changemakers for an unforgettable awards celebration.

Stay tuned for details on how to nominate your business.

More details coming soon — or DM us to learn more on how to get involved.











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Dilkie Perera Liz BeattiePriyan MendisSachintha AbeysuriyaKanishka PadidilianMalal AthaudaSav Perera JainNishantha Gamage Don

Zoom link below ⬇️ Our next event is this Monday! Join us for the next session in our Industry Leaders Series as we explore practical tax planning strategies and expert insights to help you prepare with confidence. This complimentary session will be held via Zoom. Anyone is welcome to join.
ASLBC Team

Zoom link for Monday presentation:

Topic: Tax Planning & Federal Budget Impacts 2026
Date: Monday Jun 22, 2026
Time: 08:00 PM Canberra, Melbourne, Sydney
Join the Zoom Meeting at the following link;
https://zoom.us/j/95254767844?pwd=FWwChvAWIAhFVp2bg0DHVlUk81w1od.1

Meeting ID: 952 5476 7844
Passcode: 929877

The successful launch of our Industry Leaders Series took place last month, bringing together business professionals, investors, and industry experts for an insightful discussion on property investment opportunities in Sri Lanka. 🇱🇰🇦🇺

From emerging market trends to investment strategies and economic outlooks, the event sparked valuable conversations and connections between the Australian Sri Lankan business community that attended.

A sincere thank you to our speakers from SA Thompson Nerys and attendees for making this inaugural session such a success. This is just the beginning, stay tuned as we continue to bring industry leaders together to share knowledge, inspire growth, and create new opportunities.

Which topic would you like to see featured in our next Industry Leaders Series seminar? 👇



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Tax tips - by popular demand!!
Great presenter - Mr Ashad Perera
Sachintha Abeysuriya Shawn Mendis Malal Athauda Ashad Perera
Dilkie PereraSav Perera Jain Sanjika Abeyratna Vijaya KarunasenaKanishka Padidilian
Nishantha Gamage Don

The Hon Vijitha Herath minister of foreign affairs, foreign employment and tourism in Sri Lanka was on an official visit to Australia and also had an open community meeting on the 31 May in Melbourne.