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.
SLIIT concluded its September 2026 convocation, awarding degrees to over 3,500 graduates, the largest cohort in its history. The institution cites a 98% employment rate within six months and links the cohort to national ICT export and digital-economy targets under the Public Investment Programme.
Evolution Auto says TOPS (trillion operations per second) is becoming a key spec for software-defined EVs, promoting models offering 48 TOPS (XPENG L03) up to 100 TOPS (AVATR 07) and urging consumers to consider computing capability alongside battery and range.
Salesforce expanded Headless 360 so authorised AI agents can securely access reusable Salesforce capabilities via new MCP servers, Data 360, Slack integrations, developer tools and reusable Skills. The update aims to integrate AI agents into Marketing, Sales, Service, Commerce and data workflows while preserving identity, permissions and governance.
The Digital Marketing Association of Sri Lanka will host Digital Summit Asia/Sri Lanka 2026 on 1-2 October at Waters Edge Colombo. DMASL aims to grow digital marketing's GDP contribution from 4% to 15% and the summit features 75+ international speakers and sponsors including Hatton National Bank, John Keells and Aitken Spence.
The Gates Foundation will spend at least $1 billion over the next two years to expand equitable access to artificial intelligence and AI-enabled solutions. The funding is earmarked roughly 40% for education, 40% for health, 10% for agriculture and 10% for digital foundations (languages, datasets).
The Export Development Board has called for RFPs to appoint a service provider to revamp its website and run a digital marketing campaign to boost the global visibility of Sri Lanka's ICT sector; bids are due 29 Sep 2026 with a pre-bid meeting on 21 Sep.
Logical, a Sri Lankan‑founded AI startup, is building an ambient AI assistant that proactively helps users across email, chats and meetings and can take actions across apps; the company has been accepted into Y Combinator and raised over LKR 150 million in initial funding.
patpat.lk won Gold for Best Mobile User Experience, Advertising and Marketing at the BestWeb.LK Awards 2026 and also received a Silver for Best Advertising and Marketing Website, recognising its investment in mobile UX and overall digital presence.
Visa supported the Scale Up 2.0 National SME Forum 2026 as Platinum Partner, promoting digital payments, cross-border commerce and digital capability-building to help Sri Lankan SMEs scale, improve competitiveness and access new markets.
GSMA Intelligence and Huawei report, unveiled at UNESCO's Digital Learning Week, finds 38% of people covered by mobile broadband remain offline and a digital skills gap affects 3.1 billion people; closing the gap could add about $3.5 trillion to global GDP by 2030.
Salesforce has launched Slackforce Surfaces, letting teams turn Salesforce and other enterprise data into live, interactive interfaces inside Slack; the feature is available today for most Slack plans and live-data refresh begins rolling out in October.
Zhang Yiming, founder of ByteDance, has become Asia's richest person with a net worth above $105 billion after his fortune rose by more than $12 billion following private valuation markups tied to ByteDance's aggressive AI expansion and new AI products.
Roar Global launched Roar AI, described as Sri Lanka's first AI gateway, giving developers and businesses single-platform access to over 200 frontier and open-source AI models along with locally hosted infrastructure and billing in Sri Lankan rupees.
The Cabinet approved a five-year $4.01 million Global Network Infrastructure Services contract for SriLankan Airlines to SITA Switzerland SARL, covering 1 Oct 2026-30 Sep 2031. The sole bid was accepted on the recommendation of the High-Level Standing Procurement Committee to secure passenger, ticketing, cargo, departure control and airport systems.
EY GDS leader Bikram Dasgupta urges Sri Lankan youth to build influence by focusing on applied AI, quantum readiness and biotech-combining technology fluency, domain expertise and responsible design to solve local problems and scale solutions, supported by the National AI Strategy and nascent quantum initiatives.
Technocity and Lenovo hosted the Technocity | Lenovo Premier League 2026, a corporate cricket tournament that brought together 18 Sri Lankan IT companies; champions won Rs 400,000 and runners‑up Rs 200,000. Technocity also announced a fully sponsored one‑day team‑building trip to Kitulgala for all participants.
Fintech Forum Sri Lanka chairman Channa de Silva said the Forum will enter a new phase focused on building consumer trust, strengthening industry collaboration and accelerating digital adoption to create a more sustainable fintech sector. He warned rising digital fraud risks and urged working with regulators, banks and government to boost uptake.
Sri Lanka and Thailand signed a MoU and MoA to open an initial 10,000 employment opportunities for Sri Lankan workers in Thailand under a regulated framework protecting workers’ rights. The agreements target sectors including information technology, tourism, hospitality and skilled technical roles.
Infomate Ltd, a wholly owned subsidiary of John Keells Holdings (JKH.N0000), has opened a second regional BPM/BPO office in Kurunegala to expand delivery beyond Colombo and tap regional talent for serving international clients.
AI-linked Asian stocks tumbled after CEOs of leading AI labs urged slowing AI development; SoftBank shares dropped as much as 13.2% and memory chipmaker Kioxia plunged 9.8%, with other major chip and tech firms also sliding across Asian markets.
Dialog Axiata PLC launched South Asia's first 5G MiFi with eSIM and Wi‑Fi 6 (Dialog 5G Ultra MiFi), priced at LKR 39,990, supporting Dialog 5G Ultra/4G, up to 16 devices and up to 16 hours battery life.
TRCSL will tighten SIM card rules, requiring enhanced ID checks including a live photograph for new SIMs likely to take effect by year-end. The regulator plans a 100% customer-identification programme targeted for rollout in 2027 to curb illegal use of SIMs; about 30 million SIMs are in use.
Microsoft plans to expand data-center capacity to about 38 GW by 2032, more than triple its current footprint, with AI-specific chip capacity rising to roughly one-third of that total; the company also flagged very large capex (e.g., $50bn for Q1 FY2027 and $175bn for 2026).
Salesforce and Anthropic announced 'Claudeforce', a strategic partnership integrating Anthropic's Claude into Salesforce and Slack, launching 'Salesforce in Claude' with a plugin of 37 prebuilt sales skills. The offering is in select pilots now and is expected to enter open beta in September 2026.
EDOTCO Sri Lanka signed a $10 million BOI investment agreement to expand shared digital infrastructure, committing to deploy 130 macro towers, 300 multi-purpose smart lamp poles and 650 energy sites over the next 30 months to boost nationwide connectivity.
EDOTCO Services Lanka signed a USD10 million BOI investment agreement to deploy 130 macro towers, 300 multi-purpose smart lamp poles and 650 energy sites over the next 30 months to expand Sri Lanka's shared digital infrastructure. The rollout aims to accelerate network deployment, improve nationwide coverage and promote infrastructure sharing among mobile network operators.
The Consulate General of Sri Lanka in Dubai staged the second 'Sri Lanka Beyond Your Dreams' event to showcase tourism, trade and strategic investment and to push a Comprehensive Economic Partnership Agreement (CEPA) with the UAE. Ministers and UAE trade officials highlighted logistics, free zones, technology and Port City Colombo as key avenues to attract GCC investment and strengthen bilateral economic ties.
Roar Global launched Roar AI, described as Sri Lanka's first AI gateway, providing developers and businesses access to more than 200 frontier and open-source AI models via a single locally hosted platform. The offering includes deployment infrastructure, usage controls and billing in Sri Lankan rupees to simplify costs and governance.
Asia FinTech Network will stage the Sri Lanka FinTech Summit 2026 on 16-17 September 2026 to convene policymakers, the central bank, commercial banks, global investors and fintechs and to host startup showcases, technology demos and investment deal forums. The event aims to accelerate Sri Lanka's digital finance ecosystem, highlighting infrastructure such as IPP, LankaQR, digital KYC, e-signatures, open banking and CBDC exploration.
Huawei and Xiaomi launched new flagship foldable smartphones ahead of Apple's event: Huawei's Mate XT2 series is priced from 19,999-24,999 yuan with sales from Sept 12, while Xiaomi unveiled the Xiaomi 18 Fold priced from 10,999-14,999 yuan.