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.
SLT-MOBITEL won three accolades at the National Business Excellence Awards 2026: SLT PLC secured two runner-up awards (Infrastructure & Utilities sector; Excellence in Performance Management) and eChannelling PLC won the Gold Award in the ICT Services sector for digital healthcare innovation.
Gartner placed Huawei in the Leaders quadrant of its 2026 Magic Quadrant for Enterprise Storage Platforms, highlighting Huawei OceanStor's AI data platform, capacity density and energy efficiency for enterprise use cases globally.
The Sri Lankan government has empowered the Securities and Exchange Commission to be the official regulator for virtual assets and Virtual Asset Service Providers, aiming to formalize crypto oversight and align VASPs with AML standards. The legislation still needs drafting and passage, with licensing timelines and compliance details to be defined.
The government will expand the national e-procurement platform Promise.lk in 2027 to support national and international competitive bidding; the platform has handled Rs41.94bn of e-procurements since 2020. Vendor registration fees will be waived from September to broaden supplier participation.
The Cabinet approved regulations designating 68 businesses operating in Colombo Port City as secondary businesses of strategic importance. The regulations were published in an Extraordinary Gazette on 10 April 2026 and will be submitted to Parliament under the Colombo Port City Economic Commission Act No. 11 of 2021; the firms include operators in IT, consultancy, BPO, logistics and infrastructure.
The Cabinet approved signing an agreement with the BIMSTEC Secretariat to establish the BIMSTEC Technology Transfer Facility in Sri Lanka, intended to support MSMEs across member states by facilitating technology transfer, strengthening technical capacity and supporting IP management.
Fintech Forum Sri Lanka, led by Vice-Chair Conrad Dias (also chairman of LOLC Finance PLC), is pushing to help local fintechs access regional markets of about 200 million people by strengthening collaboration with banks, regulators and international partners. The Forum will focus on accelerating innovation, regulatory engagement, open banking and embedded finance to enable scale beyond Sri Lanka's 20m domestic market.
99x held ELEVATE 2026, an internal agentic AI hackathon that brought together more than 150 employees across 30 teams to build AI agents for the software delivery lifecycle. The firm is advancing its Xianix platform to integrate agents for requirement analysis, design, PR review, test planning and release management while keeping human engineers accountable.
AI Academy partnered with Berlin-based Tomorrow University to offer German-accredited degrees in Sri Lanka: a BSc in Applied AI and an MBA in AI & Technological Transformation delivered via a work-study model that lets students earn state-recognised German qualifications locally.
Sri Lankan-founded AI startup The Emotion AI has been accepted into NVIDIA Inception; its Viral Sense platform scores advertising creative against region-specific benchmarks and will use NVIDIA tooling to speed video analysis and model training. The platform is most used in Sri Lanka, operates across five markets and supports English, Sinhala, Tamil, Bahasa and Arabic.
Hunas Holdings PLC announced a strategic collaborative partnership with Japan's CCH Co., Ltd. to explore new growth opportunities in Sri Lanka, leveraging CCH's experience in BPO, in-house services, investment, M&A and business development.
Conrad Dias, vice-chair of Fintech Forum Sri Lanka, says local fintechs must target larger regional markets (for example ~200 million people in parts of Africa) to achieve scale; the Forum is working with banks, the Central Bank and international partners to boost collaboration, policy engagement and market access.
TekGeeks (Pvt) Ltd and the Parliament of Sri Lanka won Gold for Best Government Website and Overall Silver at BestWeb.LK 2026 for the parliament.lk portal. The site, co-developed by TekGeeks and the Parliament team, realises an "Open Parliament" with real-time proceedings and a public participation channel.
Xapi launched a 160-page PDPA Compliance Playbook to help Sri Lankan public and private organisations implement the Personal Data Protection Act ahead of core provisions taking effect on 1 January 2027. The guide includes a six-layer implementation framework, a four-level maturity model, a case study and PDPA gap/readiness audit tools.
Prime Minister Harini Amarasuriya will deliver the keynote at a special session on 'Nation Building in the Digital Age' at the Sri Lanka Economic & Investment Summit 2026 on 13 Oct, focusing on AI, digital transformation, education and policies to build a knowledge-driven digital economy.
Government and industry launched the inaugural Sri Lanka FinTech Festival 2026 to leverage the country's digital-payment infrastructure and boost FinTech innovation, investment and international connectivity; the two-day event is scheduled for 2-3 November at Shangri-La Colombo. Organisers aim to connect regulators, banks, FinTech firms and international partners to translate payment rails into broader economic value while emphasising trust, security and regulatory engagement.
GovPay transactions have surpassed Rs. 5 billion, with more than 300 government institutions now connected to the digital payments platform, the Digital Economy Ministry said.
John Keells Holdings PLC expanded its collaboration with Salesforce to accelerate customer experience transformation across Keells supermarkets and John Keells CG Auto, leveraging Salesforce to personalise engagement for more than two million Keells Nexus members. Keells will use Loyalty Management, Data 360, Marketing Automation and other Salesforce tools while CG Auto adopts Automotive Cloud for unified customer and vehicle data.
That is the last 30 days. Sign in to read back 24 months.