The Sri Lanka Export Development Board has opened applications for Sri Lanka Expo 2026 (18–21 June at BMICH), offering 650 booths and opportunities to meet over 1,500 global buyers; applications close 31 March 2026. Sectors covered include industrial and agro-industrial products and services such as ICT, tourism, renewable energy and healthcare.
Embilipitiya Stores expanded its factory from 100,000 sq ft to 145,000 sq ft (a 45% increase), raising monthly bathroom set production from 3,500 to 5,000 units. The group also manufactures construction materials and plans further domestic and international expansion.
The ASPI plunged 3.51% to 21,904.14 as panic selling and a >25% surge in crude to about $115/bbl on Middle East conflict hit the CSE; banking and blue-chip stocks (Commercial Bank, HNB, JKH, Sampath, C T Holdings) led declines while Lanka IOC rose.
Fuel & Energy Prices
Daily FT·Mar 10, 2026·Management or board change·CPRT
Kerner Haus Global Solutions appointed Damitha Jayawardana as Acting CEO effective 6 March 2026. He was previously CFO and has over 20 years' finance and BPO/KPO operational experience, with expertise in portfolio development and cost controls.
Embilipitiya Stores Tool & Ceramic Manufacturing (Pvt) Ltd, an Eagle Group affiliate, opened its first Eagle Bath Ware ceramic sanitary ware and tile showroom in Embilipitiya offering bathroom suites, tiles, mortars, putty and accessories with warranties up to 25 years. The group plans to open additional showrooms islandwide.
Sri Lanka Export Development Board has opened applications for Sri Lanka Expo 2026, a four-day international trade exhibition from 18–21 June 2026 at BMICH offering 650 booths and access to over 1,500 global buyers; application deadline is 31 March 2026.
Overseas Realty (Ceylon) PLC hosted a complimentary women-only screening of Gahanu Lamai at Havelock City Mall's Scope Cinemas for International Women’s Day 2026, attended by corporate invitees, celebrities, staff and contest winners.
The BOI will host the 'Invest in Sri Lanka' Forum on 30 March to showcase improving macroeconomic stability and attract global investors to opportunities in renewable energy, tourism, technology and infrastructure.
Institution of Engineers Sri Lanka (IESL) convened a high-level workshop urging creation of a centralised fire safety authority, mandatory inspections and stronger lifecycle regulation after finding fragmented responsibilities and weak enforcement in building fire safety.
The Government and leading private-sector CEOs held the 'National Export Roadmap: The CEO Forum' to set strategic priorities for Sri Lanka's export sector, with the Industries Minister saying the Government will act as the main investor in industrial infrastructure. The EDB organized the forum and its outcomes will feed into a broader national export roadmap.
Overseas Realty (Ceylon) PLC's World Trade Center Colombo won the Gold Award for the Most Energy Efficient Building in Sri Lanka at the National Energy Efficiency Awards 2025. The company's Head of Facilities was also named Outstanding Energy Manager, recognising its energy-management measures and reduced consumption.
Web3Interactive and its Sri Lankan subsidiary Immersive Labs are introducing advanced immersive real-estate visualization and sales technologies (VR/AR walkthroughs) to Sri Lanka to help developers boost buyer confidence and attract overseas investors.
IT & DigitalConstruction Activity
Ada Derana·Mar 9, 2026·Promotional / marketingPositive
BOI will host the 'Invest in Sri Lanka' Forum on 30 March 2026 at Cinnamon Life to showcase sustainable, technology-driven and high-value investment opportunities. The forum highlights include a 70% renewable electricity target by 2030 and prospects across hospitality, logistics, manufacturing and digital infrastructure.
Sri Lanka will merge the Industrial Development Board, NEDA and the Small Business Development Division into a new Sri Lanka Industrial Transformation and Innovation Authority (SITIA) and is planning 33 industrial zones with 35-year land leases to attract investors.
Colombo Stock Exchange trended down midday, ASPI fell 0.68% to 22,678.41 and S&P SL20 fell 0.96% to 6,364.32, with turnover Rs 3.36bn and capital goods contributing Rs 1.075bn. Royal Ceramics announced an interim dividend of Rs 1 per share; Ceylinco led gains and John Keells was the top detractor.
Government will invest Rs. 46.7 billion from 2025–2028 to expand fuel storage and pipelines, allocating Rs. 31.96 billion for tank construction/refurbishment and funding projects including 24 tanks in Trincomalee (300,000 tons), Jet A1 facilities and pipelines due by 2027–28.
Excello Developers says its integrated developer-and-construction-manager model delivers tighter cost control, consistent quality and more reliable delivery across residential and commercial projects. The five-year-old firm also highlights sustainability features (solar-ready, water-efficient systems) and investment in AI-driven project management.
The Sri Lanka High Commission in Canberra and China Harbour Engineering Company/Port City Colombo held an investor forum on 3 March 2026 to promote investment opportunities and the regulatory framework of the Colombo Port City special economic zone to Australian investors.
Web3Interactive and Sri Lanka-based Immersive Labs are introducing advanced VR/AR real-estate visualization and immersive sales technology in Sri Lanka to improve buyer walkthroughs and help developers attract foreign and diaspora investors.
IT & DigitalConstruction Activity
Ada Derana·Mar 5, 2026·Award or certification·TKYOPositive
Tokyo Cement Company (Lanka) PLC honoured 135 top dealers at its 2026 Annual Dealer Convention, awarding City Hardware & Stores–Jaffna the Best Dealer 2026 Grand Award. Company leaders praised dealer partnerships and reaffirmed commitment to support retail partners amid recent business disruptions.
Sri Lanka's 60+ population is over 18% and could reach 25% by 2041, creating opportunity for a 'Silver Economy' if jobs, savings and care services expand. Low labour participation, limited pensions and a projected 149,076 care-worker shortfall by 2037 require policies on retirement, pensions, insurance and scaled elder-care.
The ASPI rose 0.60% (134.03 pts) to 22,577.41 on bargain hunting after a prior session plunge, with turnover ~Rs.4.7bn and foreign net outflow of Rs.95.1m. Capital goods led turnover (Rs.1.5bn) while banking and diversified financials also drove gains.
The Sri Lankan Embassy and BELGOLUX–Sri Lanka Business Council held a business evening in Brussels on 24 Feb 2026 with over 55 Belgian participants to promote trade and investment, highlighting opportunities in ports, logistics and tourism. A BELGOLUX business delegation to Sri Lanka is scheduled for 17–21 June 2026 including a forum, B2B meetings, Expo participation and a Colombo Port City visit.
Japan and the United States are working to include a Westinghouse-linked nuclear power project in the second round of deals under Japan’s $550 billion investment package. The project aims to bolster energy supply chains amid Middle East tensions and rising demand from AI data centres.
Construction ActivityFuel & Energy PricesIT & Digital
ASPI plunged 1,290.68 points (-5.4%) to 22,443.38 on Feb 3 after Middle East tensions triggered panic selling and a 30-minute circuit breaker; the S&P SL20 fell 322.32 pts (-4.9%). Turnover was Rs.9.6bn (up 62.9%); foreign investors net sold Rs.59.6m; decliners included COMB, SAMP, HNB, JKH and HAYL, while LIOC, CFLB, BOPL, MRH and MADU were among gainers.
LankaPropertyWeb launched Apartment Finder, a project-centric apartment search tool that lets users filter by home loan repayment and offers map, table and list views plus smart inquiry features to streamline apartment discovery.