Company filings and market news from across Sri Lanka's stock market.
The Sri Lanka–Russia Business Council held its 22nd AGM highlighting export opportunities in tea, rubber, spices and fisheries and renewed focus on promoting tourism with Russia remaining a top inbound market. The Council also flagged plans on trade settlement, SME access, tech transfer, renewables, logistics and education.
Over 25,000 tourists arrived during and after Cyclone Ditwah and Cinnamon Life at City of Dreams received Five-Star certification. Sri Lanka recorded over 2.1 million arrivals in the first 11 months, with November posting the highest monthly arrivals since March 2025.
A Germany-based Sri Lankan executive is promoting investment in Sri Lanka's cruise tourism, seeking to attract 5,000–7,000-passenger liners and link international cruise lines with local hotels. He is engaging SLPA, AHK and BOI and aims to establish operations in Colombo by 2027 pending feasibility studies.
Jetwing Symphony chairman Hiran Cooray said President Dissanayake’s 'Clean Sri Lanka' initiative could become a long-term national tourism brand, enhancing Sri Lanka's global image and appeal for investment and travel. He urged industry and authorities to unite behind the campaign.
The Harvard Club of Sri Lanka will host 'Big Bold Brave 2025' from 12–14 Nov at Cinnamon Life, Colombo, with 150+ delegates and 40+ speakers; the APAC conference is expected to boost demand for Colombo hotels and conference venues.
The Northern Investment Summit 2026 will be held 21–22 Jan in Jaffna to attract investment into the Northern Province, backed by government, India mentorship and private partners; Hatton National Bank is partnering to provide finance and support capital access.
Sri Lanka will host the 39th CACCI Conference and Expo on 10–11 November 2025 at Cinnamon Life, Colombo. The event is expected to attract Asia-Pacific business leaders and investors and provide significant MICE, export and digital-networking opportunities for Sri Lankan hotels, exporters and service providers.
The ILO held a high-level regional dialogue in Colombo (23–26 Sep 2025) to advance living wages and launched the Asia‑Pacific Digital Repository for Minimum Wages. The initiative seeks to align wage-setting with ILO principles, which could affect labour costs in the hospitality sector.
Sri Lanka MICE Expo 2025 opened on 23 September at Cinnamon Life, hosting 115+ international MICE and travel operators and expected to facilitate over 10,000 B2B meetings to promote Sri Lanka as a MICE destination.
SLTDA cut Sri Lanka's 2025 tourist arrival forecast to 2.6 million (from 3.0 million) as the SATA 2025 forum in Colombo pushed for regional collaboration, joint marketing and tech-driven, regenerative tourism to boost the sector.
Karma Fight League (KFL 006) will be held at Cinnamon Life on October 11, bringing international fighters and fans to Colombo and expected to boost tourism and hotel demand in the city.
Trans Asia Hotels PLC, Asian Hotels & Properties PLC and John Keells Hotels PLC appointed Nayana Mawilmada as a Non-Executive Director to their boards. Mawilmada is President of John Keells' Leisure and Property industry groups and has prior urban development and international development experience.
The government has established a Tourism Promotion Task Force empowered to make decisions to revitalize the tourism industry and boost national income. The inaugural session included government officials and private sector representatives, including John Keells Holdings CEO Krishan Balendra.
Chandana Amaradasa was elected President of the Australia-New Zealand Business Council (SLANZBC) and urged Australian and New Zealand investment to expand Sri Lanka's tourism capacity, noting only ~9,500 of ~50,000 rooms are 4- and 5-star. Panelists also flagged raising digital economy contribution to 15% of GDP by 2030 and boosting NZ arrivals from 10,000 to 50,000.
Chandana Amaradasa was elected president of the Australia-New Zealand Business Council and urged ANZ investment to expand Sri Lanka's tourism capacity; New Zealand plans to boost arrivals from 10,000 to 50,000 and the government aims to lift the digital economy to 15% of GDP by 2030.
Dividend · Rs 0.50 · XD Jun 5, 2025
Final dividend of LKR 0.5/share; XD 2025-06-05; record 2025-06-05; payable 2025-06-25; FY 2024-25
Sri Lanka launched the UAE chapter of the Sri Lanka Conference Ambassador Programme on 29 April 2025 to promote MICE events and attract international conferences to Sri Lanka, boosting demand prospects for local hotel operators and Cinnamon Life’s 160,000+ sq ft MICE space. Ten ambassadors were appointed for 2025/2026.
The Sri Lanka–Italy Business Council and the Italian Embassy hosted a workshop on 'Winning & Retaining Italian Tourists' to discuss Italian traveller preferences and strategies to boost arrivals. Industry leaders and Italian agents discussed personalised itineraries, language issues and service standards to improve Sri Lanka's competitiveness.
Speakers at a Sri Lanka–Italy forum recommended targeting mid-to-high-range Italian tourists (age 40–69) as the key demographic to grow arrivals from Italy, which contributed just 39,000 visitors to Sri Lanka in 2024; digital marketing and combined Sri Lanka–Maldives itineraries were highlighted.
Cinnamon Hotels & Resorts has appointed AVIAREPS India to lead its PR and brand positioning in India to attract luxury and experiential travellers, while expanding its portfolio (including Cinnamon Life and new Kandy Myst) amid Sri Lanka's tourism recovery.
Sri Lanka Tourism launched the 'Sri Lanka, A Story for Every Season' influencer-driven campaign to boost summer travel, targeting 2.2 million travel enthusiasts and over LKR 32 million in media coverage. The campaign follows a strong winter peak with 665,295 arrivals by March 23, 2025.
Sri Lanka Agripreneurs Forum hosted a workshop on carbon footprint and climate reporting as SLFRS S1 and S2 have become mandatory for listed companies in Sri Lanka; the event covered emissions measurement, reporting practices and trends in climate finance.
The Lanka India Business Association (LIBA) was launched in Sri Lanka to strengthen business links with India, aiming to boost trade, tourism, tech/start‑ups and exports (including tea and garments). The governing council comprises senior Sri Lankan business leaders from multiple industries.
Sri Lanka Agripreneurs Forum held a workshop on carbon footprint and climate reporting, highlighting that SLFRS S1 and S2 are now mandatory for listed Sri Lankan companies. Experts shared practical guidance on emissions calculations, climate finance and sustainability reporting, and SLAF will expand the series.
Dileep Mudadeniya, Senior VP at John Keells Holdings (JKH.N0000), was appointed chairman of the new Tourism Advisory Committee to advise on strategic tourism development; government targets 3m visitors and $5bn in 2025 (5m by 2030).
Conservation International CEO Dr. M. Sanjayan said Sri Lanka has huge potential to offer the world due to its biodiversity and can align development with conservation. His remarks were made at a 'Create the Future' event co-hosted by Academics Group and JKH Group.
Aloe Blacc arrived in Colombo for a two-day visit and said he is prepared to invest in Sri Lanka, including the tourism sector. He will meet government officials, entrepreneurs in cashew, coconut, organic goods, energy drinks and Ceylon cinnamon, and engage with biotechnology and investment stakeholders.
President Dissanayake said Budget 2025 aims to raise government revenue to 15.1% of GDP and use a three-year debt moratorium under the IMF program to restore debt repayment capacity by 2028. The budget highlights tourism promotion, a port‑centric transshipment hub and rural SME development, measures likely to benefit listed hotels.
Cinnamon Hotels & Resorts has opened Kandy Myst by Cinnamon on Feb 12, 2025 — a USD 40 million, 215-room hotel, the largest room inventory in Kandy. The property features a 500-seat buffet restaurant, Kosmos Skybar with infinity pool and Terra Lounge.
A session at the Sri Lanka Economic Summit on 29 Jan will focus on 'Maximising Tourism Potential', targeting USD 8.5 billion in tourist earnings by 2030. Panelists include executives from Cinnamon Hotels and Aitken Spence, with Dialog Axiata among event partners.