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.
Vietjet signed a strategic partnership with Starlink (SpaceX) to offer free high-speed, low-latency inflight Wi-Fi, initially installing Starlink on 120 aircraft (100 A321/737 and 20 A330) and planning to equip all future deliveries, including Colombo-Ho Chi Minh services.
Deloitte Sri Lanka hosted the CFO Conclave 2026 on 3 Sep, convening finance leaders to discuss fraud risk management, upcoming SLFRS reporting changes (SLFRS 18/19 effective 1 Jan 2027) and AI-driven finance transformation.
Union Bank of Colombo (UBC.N0000) has modernised its credit card issuing by implementing BPC SmartVista, creating a unified, configurable payments platform to speed product launches, strengthen security, reduce third-party dependency and support portfolio growth.
Sri Lanka AI Week 2026, pioneered by the Digital Economy Ministry and SLT-Mobitel, runs from today to 30 September and brings together over 60 global speakers and 35+ exhibitors across five events (Hackathon, Conference, Exhibition, Leaders Night, National AI Awards) to showcase AI innovation.
The Sri Lanka-Nordic Business Council held a Members' Day and panel on "Skills, Start-ups and Innovation," convening Sri Lankan and Nordic business leaders and entrepreneurs, with speakers including Sanjay Kulatunga, Mano Sekaram and a representative of hSenid Business Solutions.
Binance invested $100 million in Circle and renewed and expanded their strategic partnership for five years to promote USDC across Binance's global platform, with Circle supplying the infrastructure to hold and use USDC.
Ceylon Chamber welcomed Fitch's upgrade of Sri Lanka's long‑term foreign‑currency rating to B- (Stable) and urged trade‑facilitation, digital and labour reforms to build on the gain. It also called for sustained primary surpluses, revenue mobilisation, lower debt‑service ratios and stronger foreign‑exchange reserves to attract investment.
Cargills Bank has selected Intellect Design Arena's Composable eMACH.ai Core Banking Architecture to expand and modernise digital banking across Core Banking, Lending, Trade Finance and Treasury, aiming to improve agility, customer experience and product innovation.
PickMe will provide QR e-tickets via PickMe Explore and a dedicated Gate 3 pickup area (up to 10 vehicles), plus a free Borella-BMICH shuttle and a 15% ride discount for visitors to the Colombo International Book Fair (25 Sept-4 Oct).
GS1 Lanka used its AGM to drive Sri Lanka's transition to 2D barcodes (QR/Data Matrix) under the global GS1 Sunrise 2027 initiative, urging brands, retailers and healthcare providers to prepare and launching a new retail information platform. GS1 Lanka reports 5,500+ members and over 20,000 product records on its platforms.
FITIS will hold Sri Lanka Digital Day 2026 in Colombo on 6 November 2026 (concurrent with INFOTEL 6-8 Nov), convening policymakers, technology leaders and businesses to discuss national digital strategy, SME digital adoption and digitalisation in banking and finance.
GS1 Lanka is driving Sri Lanka's shift from 1D barcodes to 2D barcodes (GS1 QR/Data Matrix) under its Sunrise 2027 initiative, working with retail and healthcare and launching a new retail information platform; over 5,500 members and 20,000 product records are registered.
Sumathi Information Technologies (SIT), the technology arm of Sumathi Holdings, marks 25 years in Sri Lanka in 2026, highlighting its evolution into an end-to-end enterprise technology and systems integrator. The company cites partnerships and recognitions (Juniper Partner of the Year 2023, HPE Gold Partner for Networking 2026) and expansion into UAV/geospatial and AI-enabled services.
Cargills Bank Ltd (CBNK.N0000) has selected Intellect's Composable eMACH.ai core banking architecture to expand digital capabilities across Core Banking, Lending, Trade Finance and Treasury, aiming to modernise systems and accelerate product innovation and customer experience.
Sri Lanka hosted the Grand Finale of the Global CIO Forum 2026 in Colombo, attracting over 300 CIOs and ICT professionals from 50+ countries and highlighting government efforts to promote the ICT sector and position the country as a MICE tourism destination.
TruePass, a Sri Lanka‑built digital identity and authentication platform, was launched in Colombo and established the TruePass Media Alliance with major local publishers to provide a common verified login and help publishers build first‑party audience relationships across participating sites.
The Cabinet approved awarding a €4.93 million contract to M/s Muhlbauer ID Services GmbH to supply five million pre-printed polycarbonate cards for issuance of National Identity Cards. The award follows an international competitive bidding process with eight bids and a High-Level Procurement Committee recommendation.
The World CIO 200 Summit 2026 opened on Sept 23 at Cinnamon Life, Colombo, convening global CIOs and technology leaders to align national digital policy and position Sri Lanka as a global technology hub; the event was held under the patronage of Prime Minister Dr. Harini Amarasuriya.
Perodua Sri Lanka won four awards at the SLIM DIGIS 2.6, a Gold in the Automotive Sector, one Silver and two Bronze, recognising its digital marketing initiatives and signalling growing brand momentum in Sri Lanka.
Plexus Global was appointed on 1 June as the distributor for TrendAI (Trend Micro) in Sri Lanka to offer TrendAI Vision One™ and other AI-powered cybersecurity solutions. The partnership seeks to deploy endpoint and threat-intelligence services across enterprises, targeting BFSI, government and telecom sectors.
Researcher Dr. Sanjana Hattotuwa warned the government is building a wide-reaching surveillance apparatus through a series of recently passed or proposed laws and national digital projects (digital ID, central population register, data exchange, govt cloud, AI strategy) with little consultation or safeguards. He also questioned the World Bank's low-risk rating for its $50m digital ID project.
Global equities rose (MSCI All-World +1.03%) as technology shares climbed on surging AI infrastructure demand while oil futures eased (US crude down 4.8% to $95.49/bbl); bond yields fell modestly even as markets price further central bank rate hikes.
Technology stocks lifted Asian markets (MSCI Asia‑Pacific ex‑Japan rose over 1%), Brent crude steadied at $100.22/bbl and the dollar firmed as investors priced in further US interest‑rate hikes.
SLIM DIGIS 2.6 opened to international participants for the first time and attracted more than 550 entries; the awards' grand finale will be held on 22 September 2026 at Monarch Imperial, Colombo. Judging was completed by a panel of over 70 industry experts to recognise leading digital marketing campaigns and professionals.
The Sri Lanka-Nordic Business Council hosted a Members' Day and panel on "Skills, Start-ups and Innovation," with Sampath Jayasundara, CEO of hSenid Business Solutions (HBS.N0000), speaking as a panelist. The event brought Sri Lankan and Nordic business leaders together to promote collaboration in technology and entrepreneurship.
Dialog Axiata PLC launched South Asia's first 5G eSIM MiFi (Dialog 5G Ultra MiFi MF511), priced at Rs.39,990. The Wi‑Fi 6 device supports up to 16 devices, a 5,000mAh/16‑hour battery, works on Dialog 5G Ultra and 4G, and is available via dialog.lk and selected outlets with payment plans up to 60 months.
US Ambassador Eric Meyer said there is a "tremendous opportunity" for the US and Sri Lanka to deepen cooperation, highlighting trade, trusted technology, defense expertise and American business innovation as areas for a more ambitious partnership.
Pan Asia Banking Corporation PLC (PABC.N0000) has launched Pan Asia EZY, a next-generation mobile banking platform that integrates everyday banking, payments and selected financial services. Features include account management, interbank transfers via JustPay, pawning and fixed-deposit servicing, GovPay payments, eKYC onboarding and Central Bank-compliant security.
The Ceylon Chamber of Commerce met the IMF's 7th Review Mission urging stronger support for SMEs, accelerated digitalisation and policies to attract investment, and recommended fast-tracking renewable energy to the grid, easing logistics and measures to boost exports.
IMF research shows educated youth unemployment in Sri Lanka (ages 15-24 with advanced/postsecondary education) has reached 43%, the highest in the region. The IMF cites a mismatch between university qualifications and employer needs and warns rapid AI adoption could further reduce entry-level roles amid ongoing economic shocks.