A market brief each morning, plus company filings and news from across Sri Lanka's stock market. Filter by company, sector and theme, and use sentiment badges to quickly identify Positive or Negative news.
The BOI registered a $291.19m BOOT agreement with Sahasdhanavi Ltd to develop a 350 MW RLNG/diesel-operable combined-cycle power plant at Kerawalapitiya, due within 42 months; the project is expected to add ~1,147 jobs and boost local generation capacity to about 1,000 MW in the area.
The BOI hosted the fifth Sri Lanka-Japan Business Environment Committee where Japanese investors raised operational concerns across manufacturing, logistics, energy, infrastructure and environmental services and government agencies provided responses. The meeting also convened the first Sri Lanka-Japan Joint Working Group on an export‑oriented industrial corridor to advance bilateral industrial and export development.
Secondary government bond yields extended their uptrend across maturities (e.g. 15.10.29 at 10.45%; longer-dated issues up to ~11.90%). Money-market net liquidity surplus was Rs.93.64bn with the CB absorbing Rs.32.50bn via repo auctions; USD/LKR closed around 328.25/328.35.
Port City Colombo participated as Platinum Sponsor at the Sri Lanka Beyond Your Dreams investment event in Dubai on 2 Sept 2026, promoting the SEZ to UAE investors and signing an investment-promotion agreement with the Umm Al Quwain Free Trade Zone. Officials said Port City has secured over USD 2 billion so far, targeting more than USD 4 billion in investments.
Minister Vijitha Herath visited the UAE on 2-3 September 2026 to promote tourism, trade and investment and urged expediting a Comprehensive Economic Partnership Agreement (CEPA). He held bilateral talks with UAE ministers and met EMAAR executives to discuss investment opportunities in Port City Colombo.
Home Lands reports 60% of piling work completed at Central Park Boulevard Port City Colombo, achieved just under three months after launch and 10% ahead of plan. The USD150m investment (project value >USD300m) involves 192 piles and three contractors, including Access Engineering.
Prime Lands Residencies PLC is developing The Seasons in Colombo 08, 44 ultra-luxury three-bedroom residences averaging ~2,000 sq ft, priced from LKR 132 million and due for completion and occupancy in mid-2027.
India's GDP grew 7.8% in 1Q FY27 to INR 81.36 trillion, up from a revised 6.9% a year earlier. Growth was driven by 9.2% manufacturing expansion and an 11.9% rise in gross fixed capital formation (with construction and electricity rebounding); officials warned elevated oil prices (above $80/bbl) and West Asia disruptions could weigh on exports and demand.
The government will expand the national e-procurement platform Promise.lk in 2027 to support national and international competitive bidding; the platform has handled Rs41.94bn of e-procurements since 2020. Vendor registration fees will be waived from September to broaden supplier participation.
The Cabinet approved regulations designating 68 businesses operating in Colombo Port City as secondary businesses of strategic importance. The regulations were published in an Extraordinary Gazette on 10 April 2026 and will be submitted to Parliament under the Colombo Port City Economic Commission Act No. 11 of 2021; the firms include operators in IT, consultancy, BPO, logistics and infrastructure.
Cabinet approved completing two unfinished road links-about 50m of the Western bypass and ~650m of an access road-to provide direct access to the Homagama-Pitipana Mahenawatta Tech City, using domestic funds to ease congestion and improve connectivity.
Groundworth (Pvt) Ltd launched 'The Highway', a premium 12-plot residential land development 1 km from the Kottawa Expressway Interchange; plots start from 6 perches with prices from LKR 2.1 million per perch, utilities and road access provided, and site visits open with limited plots available.
Beverlee Holdings (Pvt) Ltd is developing a multi-unit residential project in Thalahena using its end-to-end "design-and-build" model that integrates land assessment, architectural and structural design, interior design and construction. The firm, operating nearly two decades, has completed over 70 projects and emphasizes sustainable design, practical pricing and disciplined project management.
Hayleys' project arm completed construction of a LKR 1+ billion manufacturing facility for Shield Restraint Systems at the Wathupitiwala EPZ on schedule in roughly 14 months. The plant will produce premium safety restraint systems for the international automotive industry.
CBSL said Sri Lanka's Construction PMI rose to 61.4 in July from 60 in June and 59.1 in May, marking a third consecutive month of faster expansion with stronger new orders and employment. Firms reported shortages of inputs-notably bitumen-and elevated material prices, though the near-term outlook stayed positive.
Sri Lanka's Construction PMI (Total Activity Index) rose to 61.4 in July 2026, indicating continued expansion in construction activity. Respondents cited sustained new projects but reported input constraints, notably short bitumen supply, skilled labour shortages and higher material prices, while near-term sentiment remained positive.
Deep Tec Engineering and China Civil Engineering Construction Corporation (CCECC) signed an MoU appointing Deep Tec as CCECC's authorised local engineering and business partner to develop solar-powered water, purification and sanitation infrastructure across Sri Lanka.
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