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.
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.
The Central Bank of Sri Lanka hosted its inaugural Reserve Management Conference on 10-11 September 2026 in Colombo, convening about 50 speakers from central banks and multilateral institutions. Discussions focused on building foreign reserve buffers, geopolitical fragmentation, the role of digital/tokenised assets and AI in reserves, US dollar dominance and gold as an alternative asset.
Sri Lanka's GDP grew 4.2% year-on-year in Q2 2026 to Rs. 3,029,816 million (2015 prices), with current-price GDP up 11.3% to Rs. 8,254,176 million. Growth was led by Industry (+7.3%) and Services (+2.7%), including construction (+13.9%) and IT consultancy (+10%), while agriculture fell 2.3% and tourism remained subdued.
WYLD Global was named a Google Premier Partner for 2026, one of only six agencies in Sri Lanka to earn Premier status (reserved for the top 3% globally) after meeting benchmarks including a 70%+ ad optimization score and over USD 10,000 in managed ad spend in the past 90 days.
The Computer Society of Sri Lanka (CSSL) will host the 44th National IT Conference (NITC 2026) from 14-16 Oct at Shangri‑La Colombo, urging a human-centric push to build digital skills and workforce readiness to help achieve Sri Lanka's USD 15 billion digital-economy goal by 2030.
Citi Foundation launched its fourth Global Innovation Challenge, committing $25 million via an RFP to fund programs that prepare low-income youth for an AI-shaped economy; the program will award $500,000 each to 50 community organisations, applications due Oct 6 and recipients announced in 2027.
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.
DFCC Bank convened the "Future Ready Sri Lanka" forum, bringing policymakers and industry leaders to discuss turning recent economic stability into resilient, investment-led growth. Speakers highlighted priorities including active debt management, access to international capital, renewable energy scale-up and digital public infrastructure (digital ID, national data exchange).
GS1 Lanka is leading Sri Lanka’s shift to 2D barcodes under the global Sunrise 2027 initiative, with more than 5,500 member companies registered and over 20,000 product records uploaded. It is working with retail and healthcare firms and will introduce a new retail information platform to support the transition.
The Sri Lanka Retail Forum 2026 convened over 500 retail leaders at Cinnamon Life, Colombo to discuss retail growth, customer experience, digital commerce, AI, data and technology-led transformation. Keells and BYD were Platinum Sponsors, Singer was a Gold Sponsor and NDB Wealth joined as a category partner.
GS1 Lanka said at its AGM it is driving Sri Lanka's transition to 2D barcodes under the global Sunrise 2027 initiative, working with retail and healthcare to enable richer product information, traceability and product verification. It will introduce a new retail information platform and has over 5,500 member companies and 20,000 product records.
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.
Pick a Book, a seven-year-old Sri Lankan reading movement, is expanding beyond book clubs to build a national ecosystem linking readers, authors, publishers and booksellers, and plans the Serendib Circle and targeted clubs as AI reshapes information access. The group is also shifting its Read and Rise program from one-off donations to weekly reading sessions in underprivileged schools.
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.
Salesforce has introduced the Trusted Enterprise AI Harness, a new architecture to help enterprises securely build, manage and scale AI by providing context, capabilities and controls. The solution bundles six trusted capabilities and a central AI Control Plane, with rollout beginning in early FY28 and upgrades for eligible customers.
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.
SLPA Chairman Dr. Parakrama Dissanayake outlined five priorities, resilience, digitalisation, sustainability, human capital development and policy advocacy, to future-proof Sri Lanka's logistics sector at the SLANA AGM, urging freight forwarders to modernise systems and anticipate regulatory changes.
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).
Sampath Bank appointed Dilip de S. Wijeyeratne as Deputy Chairman effective 10 September 2026. Wijeyeratne, a senior banking and finance professional with nearly eight years at Sampath Bank and roles at Singer, Hayleys Fibre and Janashakthi Insurance, will support the bank's strategic, data and AI initiatives.
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.
3A Ventures' Cyrus Daruwala told the CIO Confluence 2026 that Sri Lanka is overbanked and should brace for consolidation, urging banks to fix legacy core systems, payments and data monetisation. He warned against AI hype, saying AI spending in Sri Lanka is mainly justifiable for efficiency, not transformative growth.
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.
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.
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.
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.