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EconomyNext·Sep 11, 2026·Management or board change·SAMP
Sampath Bank appointed Dilip de S Wijeyeratne as deputy chairman, effective Sept 10. Wijeyeratne, who has been with Sampath since 2018 and holds directorships at Singer, Hayleys Fibre and Janashakthi Insurance, will support the bank's push on data-driven decision-making and AI.
Classic Destinations hosted about 30 Punjab Travel Agents Association delegates for a Sri Lanka familiarization programme, including an AGM and a networking/destination presentation on 8 Sept at Nuga Gama. The visit aimed to showcase Sri Lankan tourism products and build future partnerships with local hospitality and industry stakeholders.
Udeshi Tracks & Equipment introduced the Shantui L55-B5 wheel loader in Sri Lanka and announced plans to roll out a range of electric construction machinery, projecting up to 60% lower operating costs and up to 70% lower maintenance versus diesel equipment.
Groundworth (Pvt) Ltd launched "Antara", a 12-plot residential land development in Thalawathugoda offering plots from 6.5 perches with prices starting at LKR 3.3 million per perch; the development includes 22-ft access roads, utilities, clear deeds and is open for site visits.
The Sri Lanka-Indonesia Business Council held its 3rd AGM and re-elected Sheamalee Wickramasingha as President. The council named an executive committee including representatives from hSenid, Amana Bank, Aitken Spence, Haycarb and Sunshine Holdings and said it will pursue closer trade and investment ties with Indonesia.
Exporters
Ada Derana·Sep 11, 2026·Promotional / marketing·DIMOPositive
Diesel & Motor Engineering (DIMO) unveiled the All‑New Mercedes‑Benz GLB 2026 at the inaugural Sri Lanka Tennis Premier League, marketing it as a family-oriented SUV with a third-row for seven seats and a 48V mild-hybrid four-cylinder petrol engine. DIMO highlighted its ongoing role as Sri Lanka's authorised Mercedes‑Benz agent and after-sales support.
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.
IT & Digital
Ada Derana·Sep 11, 2026·Promotional / marketing·HNBPositive
HNB PLC on 01 June 2026 launched a leasing scheme with Automobile Technologies to make GAC vehicles, including electric models, more accessible by offering special vehicle-leasing interest rates. The offer also includes a waived first-year credit-card annual fee and discounted vehicle insurance via HNB General Insurance.
The Tea Exporters Association held its 27th AGM and reappointed Huzefa Akbarally as chairman for 2026/27. TEA said about 85% of Ceylon Tea shipping routes have been disrupted and freight rates have risen several-fold, yet exports remain resilient and it urged government support to lift production toward 350 million kilos by 2030.
The Export Development Board and University of Kelaniya launched a joint seminar and mini innovation exhibition on 3 September 2026 to boost Sri Lanka's electronic and electrical export sector, drawing over 50 participants and showcasing more than 30 new products. The initiative offers R&D, IP and AI marketing support to improve product quality and export readiness.
Advocata Institute presented its inaugural Freedom Award to Dr. Paikiasothy Saravanamuttu at the Asia Liberty Forum in Colombo (10-11 Sept), recognising his work promoting transparency, accountability and civic freedoms. The award notes his roles founding and leading several civic organisations.
Daily FT·Sep 11, 2026·Award or certificationPositive
Woodland Tea Factory said its 'Woodland Grand' BOPA fetched a record Rs.3,000/kg at the Colombo Tea Auction on 8 Sept; the lot was bought by Shan Tea Ltd and marketed/sold by John Keells PLC.
Tea & Plantation Crops
Ada Derana·Sep 11, 2026·Award or certification·SDBPositive
SDB bank (SDB.N0000) was named Banking Sector Runner-Up at the National Business Excellence Awards. The recognition highlights the bank's progress on sustainable growth, responsible banking, ESG commitments, financial inclusion and digital capabilities.
The Sri Lankan Corporate Health & Productivity Awards (SLCHPA) 2026 was launched today by the Chamber of Lankan Entrepreneurs, partnered with JETRO and with Sampath Bank as Title Partner, to recognise and benchmark workplace wellbeing and productivity across Sri Lankan organisations; applications open soon.
Colombo Stock Exchange indices fell on Friday, with the ASPI down 0.23% (48.25 points) to 21,309.49 and the S&P SL20 down 0.03% to 6,002.36 on turnover of Rs221.65 million. Top negatives included Melstacorp, Sampath Bank, Royal Ceramics and Ceylon Tobacco; Ramboda Falls announced a Rs0.50 interim dividend (XD Sept 21).
Daily FT·Sep 11, 2026·Award or certification·UALPositive
Union Assurance secured four national-level awards at NAFLIA 2026, a Gold (Best Bancassurance Sales Supervisor/Team Leader), a Silver (Fast Starter) and two Bronze awards in bancassurance categories, underscoring strength in its Partnership Distribution channel.
Union Bank of Colombo (UBC.N0000) opened its second ATM/CDM in Trincomalee at Uppuveli, offering 24x7 cash deposits and withdrawals and accepting international cards; the first transaction was made by Uppuveli Beach Hotel.
Ceylinco Life Insurance Ltd has partnered with Premier Wealth Management Ltd to offer life insurance cover to unit holders of PWML's money market fund as part of PWML's value-added services to investors.
Ada Derana·Sep 11, 2026·Management or board change
Dearo Venture Capital Ltd appointed a new Board of Directors at a media conference on 10 September 2026 and unveiled a strategic vision to expand venture-capital support for entrepreneurs and national economic development. The company states it serves over 25,000 customers via 25 branches, has a workforce of 350+ and assets exceeding Rs.5 billion.
Nations Trust Bank will present CFW Couture + Trousseau 2026, 'Living Sculpture', from 17-19 September 2026 at City of Dreams Sri Lanka, showcasing curated Sri Lankan and South Asian designers and aiming to position Colombo as a regional fashion hub.
The Unlabelled Runway fashion show, presented by Caroline J Global Holdings, will take place on 25 September at Cinnamon Lakeside Colombo and will donate 50% of proceeds to partner charities. Cinnamon Lakeside is the hospitality partner and PickMe is the official ticketing partner.
Sri Lanka's rupee closed at 328.45/60 to the US dollar on Thursday, marginally firmer than 328.60/80 the previous day; government bond yields rose on several tenors (e.g. the 15.09.2027 tenor to about 9.75-9.95%).
Aitken Spence Hotel Holdings PLC will raise up to Rs5.0bn via a listed debenture issue, initially 30 million debentures (Rs3.0bn) with a further 20 million on oversubscription; subscription opens Sept 15. The offer has four fixed-rate options across 5- and 7-year tenors (circa 12.60-13.15% p.a.) and has CSE in‑principle approval.