Colombo Stock Exchange closed down: ASPI fell 0.69% to 20,625 and S&P SL20 fell 0.68% to 5,889. Hatton National Bank, DFCC, John Keells and Dialog weighed on the index while Prime Lands Residencies accounted for Rs 1.91bn of turnover and closed up at Rs 32.
Construction Activity
Ada Derana·Sep 10, 2025·Promotional / marketingPositive
Cinnamon Life at City of Dreams is offering exclusive Sri Lankan resident rates starting at Rs. 15,050 per person (double occupancy) from 10 September to 31 October 2025, featuring stays across 800 rooms and on-site dining, wellness and entertainment options.
Tourism
Ada Derana·Sep 10, 2025·Promotional / marketingPositive
John Keells Logistics, the logistics arm of John Keells Holdings PLC, signed an MoU with the Institute of Supply and Materials Management to collaborate on supply-chain training and initiatives focused on e-commerce fulfilment, last-mile delivery and smart warehousing.
Aitken Spence Travels MD Nalin Jayasundera urged a strong, consistent global marketing campaign to reach 5 million arrivals and $10 billion in tourism revenue by 2030. The German-Sri Lanka forum highlighted Germany as a key source market and promoted year-round tourism and wellness as growth opportunities.
LAUGFS Gas and LAUGFS Power shares surged (LAUGFS Gas voting +65.42% to Rs.66.50; LAUGFS Power non-voting +63% to Rs.14.20) after reports of a 50:50 partnership with Vallibel Three (Dhammika Perera). Meanwhile the ASPI fell 0.4% to 20,906 with declines led by HNB, COMB, DFCC, CINS and JKH; turnover leaders included RIL, CTHR and EBCR.
The Colombo market closed with the ASPI at 20,992, up 16 points, on turnover of Rs.5.6 billion; weekly ASPI and S&P SL20 fell 0.03% and 1.19% respectively. Property, capital-goods and consumer services stocks led turnover while select hotels and developers saw mixed flows and sizable corporate stake transactions were reported.
John Keells CG Auto (part of the John Keells group) says the Court of Appeal ordered the release of 991 of 997 BYD vehicles and later 506 additional BYD vehicles, with deliveries underway at the original prices. JKCG says it has provided required documentation, expects no significant delays, and is cooperating with authorities.
Colombo market fell for a second straight session as the ASPI slipped 0.07% to 20,975.73, with banks HNB, NDB and COMB among the main decliners and market turnover at Rs.6.47 billion.
Ada Derana·Sep 4, 2025·Regulatory or legalPositive
John Keells CG Auto (part of John Keells) said the Court of Appeal ordered Sri Lanka Customs to release 506 BYD vehicles on 3 Sep (after 991 of 997 were ordered released on 7 Aug); vehicles are being delivered at the original prices and some have already been handed to customers.
Cinnamon Life at City of Dreams (John Keells Hotels PLC) won the JKH Inter-Company Swimming Meet 2025, claiming the Overall Championship and both the men's and women's titles.
Colombo Stock Exchange ASPI closed up 0.08% (16.25 pts) at 20,991 on Thursday with turnover Rs 5.66bn, led by capital goods (Rs 1bn), consumer services (Rs 895m) and real estate (Rs 790m); top contributors included RIL Property, Ceylon Tobacco, Prime Lands Residencies and John Keells.
Fairfax increased its holding in John Keells Holdings (JKH.N0000) by 1.3% (230m shares), acquiring the stake at Rs.23.20/share for about Rs.5.2bn. JKH saw 237.3m shares trade and closed at Rs.23 on the day.
Colombo ASPI slipped 0.07% to 20,975.73 with turnover of 6.4 billion rupees; Dankotuwa Porcelain contributed 1.19 billion and closed down at 21.40. Most hotels rose on strong August tourist numbers, while HNB, NDB, Commercial Bank and John Keells weighed on the index.
TourismGold & PawningConsumer Staples (FMCG)
Ada Derana·Sep 3, 2025·Promotional / marketingPositive
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.
Tourism
Ada Derana·Sep 3, 2025·Promotional / marketingPositive
Yoroko at Cinnamon Life is hosting Donburi Week from 8–14 September, offering eight donburi bowls with prices starting at Rs.3,000+++; LIFE members receive a 10% discount.
MillenniumIT ESP is a key supporting partner of the inaugural Global CIO Circle Innovation Summit & Retreat 2025 in Colombo (2–4 Sep 2025), bringing 75+ global CIOs and 25 startups to discuss AI, cybersecurity, monetisation and enterprise–startup collaboration.
Colombo ASPI fell 0.34% (71.78 pts) to 20,990.67, weighed down by declines in Ceylon Tobacco, Commercial Bank, National Development Bank, John Keells and DFCC; turnover was LKR 7.53 billion.
Gold & Pawning
Daily FT·Sep 2, 2025·Management or board changePositive
Cinnamon Hotels & Resorts has appointed Kamal Munasinghe as COO to lead operations across its 17 resorts and hotels in Sri Lanka and the Maldives. Munasinghe brings nearly 30 years' regional and international hospitality experience and will focus on operational excellence and guest‑centric innovation.
Tourism
Ada Derana·Sep 2, 2025·Promotional / marketingPositive
John Keells Properties has partnered with PickMe to provide convenient (including free) transport for potential buyers to visit the VIMAN Ja-Ela site and Colombo sales office, improving accessibility for the residential project.
Construction ActivityIT & DigitalRenewable Energy
Ada Derana·Sep 2, 2025·Award or certificationPositive
Kandy Myst by Cinnamon (part of Cinnamon Hotels & Resorts) has been awarded LEED v4 BD+C Gold, the first hotel in Kandy to receive this certification. The project reports 15% energy savings, 730 tCO2e avoided annually and 16 million liters of water saved per year.
Colombo's ASPI hit an all-time high, closing at 21,062 (+65) on turnover of Rs.13.2bn with net foreign selling of Rs.1bn. John Keells and Commercial Bank led turnover while investor interest shifted toward property names such as Prime Lands Residencies and RIL Property.
Colombo ASPI rose 0.31% to 21,062.45 as turnover reached Rs 13.2 million, mainly driven by a Rs 5.4 million crossing in John Keells Holdings. Top contributors included Central Finance, Melstacorp and Cargills.
John Keells Hotels (KHL.N0000) appointed Hishan Singhawansa as CEO of Cinnamon Hotels & Resorts. The article highlights his 17 years at John Keells Group and growth plans as tourism rebounds, noting the $1.2bn Cinnamon Life integrated resort in Colombo.
MillenniumIT ESP is a key supporting partner of the inaugural Global CIO Circle Innovation Summit and Retreat 2025 in Colombo (2–4 Sept), which will host more than 75 global CIOs, 25 startup founders and partners including John Keells Holdings and AWS.
The ASPI rose 0.95% to close at 20,997.36, led by gains in Ceylinco Holdings, Senkadagala Finance and John Keells Holdings. Turnover was Rs 7.3bn with improved volumes as telecom, capital goods and financials drove the market advance.
Colombo bourse rose for a second day as the ASPI gained 139.82 points to close at 20,753.21, with turnover at about Rs.7.4 billion boosted by several crossings. Selected Construction and Materials counters and names such as Access Engineering, Ceylon Tobacco and Cargills were among top contributors.
Colombo Stock Exchange hit a record as the ASPI rose 139.82 points to close at 20,753.21. Turnover was Rs. 7.39 billion with domestic investors accounting for Rs. 6.98 billion while foreign sales exceeded purchases.
Ada Derana·Aug 27, 2025·Promotional / marketingPositive
Union Bank launched 'Home Loan Plus', a 100% financing home-loan with no upfront capital, available through developers including John Keells Properties. The product offers flexible repayment plans for salaried, business and investor buyers to facilitate premium property purchases.
Colombo market slipped as the ASPI fell 73 points (0.36%) and the S&P SL20 declined 0.78% on Rs. 4.4bn turnover, with foreign investors net sellers of Rs. 801.2m amid profit-taking and political uncertainty following the remand of former President Wickremesinghe.