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.
Indian Defence Minister Rajnath Singh met President Anura Kumara Dissanayake in Colombo and described the discussions as highly productive, reaffirming India-Sri Lanka cooperation on security, safety, peace and regional development.
Daily FT·Sep 10, 2026·Award or certificationPositive
New Rothschild Tea Factory, managed by Browns Plantations, achieved a record price of Rs. 2,950/kg for PEK1 (Western Medium) at the weekly tea auction on 8-9 Sept. The lot was auctioned by Ceylon Tea Brokers PLC and purchased by Vintage Teas Ceylon Ltd.
Vipul Misra was appointed Acting Chief Executive Officer of SriLankan Airlines with effect from the 9th; he brings over two decades of aircraft engineering and aviation leadership experience at carriers including Air India, Vistara, Indigo, SpiceJet, Kingfisher and Air Deccan.
Hilton Colombo marks its 39th anniversary this September, highlighting its 368 guestrooms, six restaurants and bars and 2,891 sqm of meetings and events space; the hotel noted longstanding traditions including Oktoberfest (29 Oct-7 Nov).
George Steuart & Company held a Founder's Day service on 14 August 2026 to mark its 191st year and reinforced its support for the restoration of St. Peter's Church, Colombo Fort, joining the De Lanerolle Brothers and other supporters in the restoration initiative.
The Sri Lanka-Canada Business Council held its 35th AGM, re-electing Mohamad Hameez as President for 2026/2027 and appointing an Executive Committee including representatives from Aitken Spence Travels and Hatton National Bank. The council reaffirmed its commitment to promote bilateral trade and investment with Canada and set up subcommittees on membership development, women entrepreneurship and CSR.
Sri Lanka and Thailand will sign a five-year MoU and a supplementary employment agreement to formalise labour migration and facilitate the employment of Sri Lankan workers in Thailand; the Cabinet approved the deals and the minister will sign them on 14 September. The agreements aim to create structured recruitment mechanisms, strengthen worker protections and help prevent human trafficking.
Softlogic Stockbrokers launched StockB, a next-generation mobile investment platform that offers online trading, real-time market data, research, analytics and portfolio management. The app also integrates payments, receipts and online agreement processing and will be enhanced based on client feedback.
Siyapatha Finance PLC has joined the Partnership for Carbon Accounting Financials (PCAF) to adopt global carbon accounting standards. The company will use the PCAF framework to measure emissions linked to its financing portfolio and strengthen climate-related disclosures and sustainable finance decision-making.
GRI and the Sri Lanka Export Development Board signed a multi-year cooperation agreement on 7 Sep 2026 to strengthen sustainability and impact reporting across Sri Lanka's export ecosystem, with particular emphasis on SMEs. The partnership will build on prior textile/apparel collaboration and align GRI Standards with Sri Lanka's NGRS and IFRS Sustainability Disclosure Standards.
N-able has partnered with FIS to deploy FIS Treasury and Risk Manager, Quantum, the Global FX Portal (GFX), and Balance Sheet Manager to Sri Lankan banks, aiming to automate treasury workflows, improve liquidity and balance-sheet risk visibility, and extend digital FX to corporate clients.
IT & Digital
Ada Derana·Sep 10, 2026·Promotional / marketing·DFCCPositive
DFCC Bank launched Sri Lanka's first eight-language ATM and cash recycler machine experience, implemented using BPC's SmartVista payments infrastructure. The multilingual service (English, Sinhala, Tamil, French, Chinese, Russian, Hindi, German) is available across DFCC's ATM and CRM network, including key tourist locations.
Apple announced iPhone 18 Pro and iPhone 18 Pro Max, featuring a 48MP Fusion main camera with variable aperture, the A20 Pro chip, significant battery and performance gains, and Siri AI. Pre-orders begin Sept 12 with availability from Sept 18.
Apple unveiled the iPhone Duo, its first foldable iPhone with a 7.6-inch inner display and a 5.4-inch outer display, powered by the A20 Pro with a new hinge and dual-battery design; pre-orders begin Oct 16 and availability starts Oct 23.
Sri Lanka's Treasury bill yields fell at the 6-month (down 3 bp to 9.24%) and 12-month (down 4 bp to 9.77%) maturities while the 3-month rose 7 bp to 9.03% at Wednesday's auction; all Rs80 billion offered were sold.
Sri Lanka's rupee closed at 328.60/80 to the US dollar in the spot market on Wednesday, marginally firmer than the prior day's 328.70/329.00; selected government bond yields fell on several tenors (e.g. 15.09.2027 at 9.60/90%, 01.08.2030 at 10.65/75%).
Interest RatesRupee & Forex
Ada Derana·Sep 9, 2026·Major contract or orderPositive
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.
Colombo Stock Exchange closed down as the ASPI fell 0.25% (down 53.01 pts) to 21,489.22 on Wednesday, with market turnover at LKR 972.23 mn and capital goods leading turnover at LKR 283.19 mn. HNB Finance appointed four new independent/non-executive directors effective Sept 8, 2026; its shares closed down 1.20% at 8.20 rupees.
Brent crude rose above $100 a barrel, touching $100.19 after a ~2% gain, while U.S. WTI was near $94.52, as the Middle East conflict intensified. The move reflects supply-risk concerns after attacks on Saudi energy facilities and threats to Red Sea shipments, lifting Brent about 25% since early last month.
Sri Lanka and Oman held talks to strengthen civil aviation cooperation, focusing on operation and development of Mattala Rajapaksa International Airport and possible resumption/expansion of direct flights to boost tourism and trade.
Sri Lanka's rupee was quoted at 328.75/85 to the US dollar while bond yields edged up on the 2032/34 tenors and the rest of the curve remained steady. An 80,000 million-rupee Treasury bill auction was ongoing.
FitsAir will temporarily suspend Colombo-Dubai flight services from 6 September 2026 and expects to resume by November 2026, subject to developments in the Middle East. The airline said the pause is due to the evolving global situation and apologized for inconvenience to passengers.
Tourism
Ada Derana·Sep 9, 2026·Major contract or orderPositive
The BOI registered an Agreement with Sahasdhanavi Limited to develop a 350 MW RLNG/diesel combined-cycle power plant at Kerawalapitiya with a US$291.19 million investment; the BOOT project is to be completed within 42 months and is expected to create 1,147 jobs and operate initially on diesel with capability to shift to RLNG.
Cabinet approved a Rs.173.86 million consultancy contract to support the $30 million ADB-funded Sustainable Tourism Sector Development Program to upgrade facilities and infrastructure in Dambulla-Sigiriya and Trincomalee. Resources Development Consultants Ltd., with Novel Interdisciplinary Consulting Enterprise Ltd., was awarded the contract to provide planning and implementation support.
Tourist arrivals in Sri Lanka slipped 1.1% YoY in the first six days of September 2026 to 31,885, bringing the year-to-date total to 1,567,007, down 2% from a year earlier. India remained the largest source market, accounting for 9,894 arrivals (31%) in that period.
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 Cabinet approved a $100 million ADB-backed concessional loan (Nov 2026-Oct 2031) to strengthen social protection and livelihoods in six districts. The program will fund livelihood training and Rs.200,000 start-up grants for 30,000 Aswesuma families, five adult day-care centres and digital/data and cybersecurity systems.
Cabinet approved a new institutional framework for negotiating future FTAs, creating a National Trade Negotiations Committee chaired by the Trade Ministry Secretary, 12 sector-specific subcommittees and a Trade Policy Advisory Committee to review and pursue new bilateral and regional trade agreements.