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.
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 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.
Softlogic Stockbrokers has launched StockB, a free mobile app offering unified trading, research, real-time market data, charting, recommendations and digital agreement/payment features to expand direct stock market access for retail investors.
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.
IT & Digital
Ada Derana·Sep 8, 2026·Promotional / marketing·DIALPositive
Dialog Axiata signed a partnership with Ria Money Transfer to let senders abroad send funds directly to eZ Cash wallets, benefiting over 20 million Sri Lankans. Recipients can withdraw cash at 55,000+ eZ Cash outlets or via Commercial Bank ATMs using mobile number and PIN.
Sri Lanka's Ambassador to ESCAP, H.E. Wijayanthi Edirisinghe, reaffirmed at the 5th Session of ESCAP's ICT Committee (2-4 Sept 2026) Sri Lanka's commitment to an inclusive, secure, people-centred digital transformation, citing the Digital Economy Strategy 2025-2030 and support for Digital Public Infrastructure and the APIS Action Plan 2027-2030.
CIO Confluence 2026 will be held on 9 September at Cinnamon Life, bringing together senior technology and business leaders from Sri Lanka's banking sector to discuss 'Beyond Digital: The Intelligent Banking Era' and the move to intelligent, data-driven banking transformation.
IT & Digital
Daily FT·Sep 8, 2026·Award or certification·SEYBPositive
Seylan Bank (SEYB.N0000) won two Euromoney Awards for Excellence 2026 as Sri Lanka's Best Bank for Customer Experience and Best Bank for SMEs. The bank said the recognitions reflect its digital platforms and SME-focused products and support, including retained customer-experience recognition from 2025.
Surge acquired a majority stake in IDEA8 to launch Surge Robotics, combining Surge's software, AI and cloud capabilities with IDEA8's embedded-systems and industrial IoT expertise. The new business will target manufacturing, apparel, warehousing and logistics with machine monitoring, predictive maintenance, computer vision and factory automation.
Deputy Minister Chathuranga Abeysinghe rejected claims that tax terms at the Colombo Port City SEZ were being arbitrarily changed, saying about 90 applications were held pending a legal amendment and that the revised law taxes individuals under the Inland Revenue Act; he later apologised for confusion and said clarity on foreign‑income taxation for approved persons will be provided.
Colombo Stock Exchange and Abu Dhabi Securities Exchange signed an MoU to strengthen capital market cooperation, covering knowledge exchange on electronic trading, surveillance, clearing and post-trade systems and exploring CSE joining ADX's Tabadul Hub to broaden cross-market access.
IT & Digital
Ada Derana·Sep 7, 2026·Promotional / marketing·SINSPositive
Singer (SINS.N0000) has partnered with Mintpay to offer Pay Later (three interest-free instalments) and Pay Now with instant cashback as Mint Coins, enabling customers to split purchases (e.g. Rs.120,000 fridge into three Rs.40,000 payments) and earn rewards.
IT & Digital
Ada Derana·Sep 7, 2026·Promotional / marketing·COMBPositive
Commercial Bank of Ceylon canvassed more than 350 merchants in Jaffna and activated a cashback campaign with 40+ businesses for its Q+ payment app ahead of the Nallur Festival. The initiative, part of the CBSL's third Digital Payments Promotional Programme 2026, aims to expand LANKAQR adoption and QR payment penetration in the Northern Province.
A CVCD conference in Colombo (Sept 4) presented the UGC-approved National AI Policy Framework and a 2026-29 implementation plan to drive responsible AI and digital transformation across state universities. Universities were asked to adopt institutional AI policies and SOPs by Dec 31, 2026; Dialog Axiata's Chief AI Officer took part in the panel.
Rasa Padhama won two category honours at BestWeb.LK 2026, Bronze for Best Food & Beverage Website and Best Mobile User Experience, seven months after launching its rasapadhama.lk digital platform.
Central Depository Systems Ltd (CDS), a wholly owned subsidiary of the Colombo Stock Exchange, marked its 35th anniversary by ringing the market opening bell and unveiled new digital services. CDS said it serves over one million accounts and aims to expand as a national depository and FinTech enabler.
Central Depository Systems (Pvt) Ltd (CDS), a wholly owned subsidiary of the Colombo Stock Exchange, marked its 35th anniversary by ringing the market opening bell at the CSE. The event highlighted CDS's role in post-trade infrastructure, its digital transformation vision and new digital services including a WhatsApp chatbot, e-Connect portal and virtual AGM e-voting solution.
IT & Digital
Daily FT·Sep 5, 2026·Regulatory or legal·SLTLPositive
Government ruled out sale of Sri Lanka Telecom (SLT-Mobitel) and will retain it as a strategic state asset; the group reported PAT up 54.4% to Rs.6.6 billion and Q2 PBT up 55.8% to Rs.3.1 billion, and plans further 5G and coverage investments.
Commercial Bank of Ceylon rolled out its Q+ digital payments drive in Jaffna, canvassing more than 350 merchants and activating 40+ for a cashback campaign, handing over a QR facility to a local merchant as part of CBSL's third Digital Payments Promotional Program ahead of the Nallur Festival.
Frontier Research warns cheaper AI-generated code could erode the value of Sri Lanka's ICT and BPM exports, which earned $150.49m in June (up 11.31% YoY). It says a government AI data centre initiative could open a new foreign-exchange channel and AI may help offset long-term labour constraints.
The Ministerial Consultative Committee reviewed measures to combat cybercrime, including blocking illegal gambling websites, legal action and deportation of foreign nationals involved, recruiting software engineers and lawyers, and plans for centralized real-time investigation systems and improved crypto-related data sharing.
SEBSA and Addovation announced a strategic partnership on Sept 3, 2026 to combine IFS expertise and delivery capacity to support IFS customers globally. Addovation brings a Nordic presence (200+ experts, offices including Sri Lanka) while SEBSA contributes global IFS services and 100+ experts.
Prime Minister Dr. Harini Amarasuriya will deliver the keynote at a SLEIS 2026 session titled "Nation Building in the Digital Age" on 13 Oct 2026, focusing on how AI, digital transformation and education can drive productivity and economic growth. The panel will include government, academia and industry representatives.
EY GDS Sri Lanka inaugurated a new office on Level 22 of the World Trade Center East Tower on 1 Sept 2026, adding capacity for 110 workstations and expanding its Colombo footprint to three floors alongside a refurbished cybersecurity centre as it targets doubling headcount by 2027.
UNDP Sri Lanka and Visa launched a partnership to pilot financial inclusion in Hope Estate, Hewaheta, supporting 50 young agri-producers (mostly women) with financial‑literacy, digital payments training and assistance to open and use bank accounts over a seven-month programme.
Commercial Bank of Ceylon showcased the first fintech deployment of Open Digital Architecture (ODA) with Axonect at TM Forum's DTW Ignite 2026, saying the implementation has delivered substantial operational efficiency gains, reduced costs and enabled rapid Google Pay rollout and real-time PayPal clearing.
Spera unveiled Spera Humanoid, Prototype One, a full-scale bipedal humanoid developed in Sri Lanka for security applications and aimed at international markets. The company says the prototype has drawn overseas interest and it plans commercial deployment and a follow-up Spera 2.0 model.
SLIIT director Dr. Dilan Fernando argues universities must partner with industry to turn students into resilient, technology-enabled and export-capable entrepreneurs, citing the National SME Strategy (SME NEXUS) which aims to raise SME contribution to GDP from 52% to 80%.