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.
Deloitte Sri Lanka held CFO Conclave 2026 on 3 Sept in Colombo, bringing together CFOs and finance leaders to discuss fraud risk management, financial reporting developments and AI in finance. Speakers flagged estimated fraud losses (~5% of revenue), urged stronger controls and advised early preparation for SLFRS 18 and 19, effective 1 Jan 2027.
Fitch upgraded Sri Lanka to 'B-' and restructured 2036/2038 bonds rallied to about 103 cents on the dollar. Standard Chartered and the Central Bank said Sri Lanka should aim to return to international capital markets before the IMF program ends in March 2027 while avoiding aggressive borrowing.
Foreign Affairs Minister Vijitha Herath will lead Sri Lanka's delegation to the 81st UN General Assembly from 27-30 September and will deliver the country's National Statement at the General Debate on 28 September; he will also meet the UN Secretary-General and several foreign ministers on the sidelines.
The Embassy of the Kingdom of the Netherlands, together with the UN and the Sustainable Development Council of Sri Lanka, raised the SDG flag at the embassy in Colombo to mark SDG Flag Day. The event gathered diplomats and civil-society representatives for a discussion on Sri Lanka's progress, challenges and opportunities toward achieving the 2030 Sustainable Development Goals.
Colombo stock market ended the week marginally lower (ASPI down 0.09% to 21,037.35) with subdued investor sentiment ahead of next Wednesday's Central Bank Monetary Policy announcement; market turnover was below Rs.815m and foreign investors were net sellers of Rs.193.3m.
Amana Bank PLC opened its 49th Self Banking Centre in Eravur Pattu, providing 24x7 cash withdrawal, cash deposit and cheque deposit services and expanding its Eastern Province network to 14 self-banking centres alongside nine full branches.
Inland Revenue Department requires a valid TIN Certificate from November 1, 2026 before eight specified transactions, including opening bank accounts, obtaining building-plan approval, vehicle and land registration, registering a business, transferring shares and obtaining credit cards. The rule applies to resident individuals aged 18+ as specified in the 2026 amendment and IRD notice.
WindForce PLC's six project companies submitted winning bids to develop 28.25 MW and 143.75 MWh of battery energy storage systems, with WindForce's estimated equity investment about 944 million rupees. Formal awards are pending; projects would be built on a 15-year BOO basis.
Renewable Energy
EconomyNext·Sep 25, 2026·Major contract or order·WINDPositive
WindForce PLC said six of its project companies submitted winning bids to develop 28.25 MW and 143.75 MWh of battery energy storage, with estimated equity investment of about 944 million rupees. The projects are proposed on a 15-year BOO basis and formal awards and approvals are pending.
Pan Asia Banking Corporation PLC plans to raise up to Rs5 billion via listed, rated senior unsecured debentures (initial 20m at Rs100 each, with further 20m and 10m on oversubscription). Type A: 3-year at 12.75% p.a.; Type B: 5-year at 13.50% p.a.; subscription opens 01-Oct-2026.
Colombo Stock Exchange opened higher: ASPI up 0.18% (37.48 pts) at 21,104.37 and S&P SL20 up 0.46% at 5,970.10, with turnover Rs 43.59m. Singer Finance set rights-issue and EGM/XR dates; Pan Asia Banking plans to raise up to Rs 5bn via listed debentures opening Oct 1, 2026.
Ada Derana·Sep 25, 2026·Credit rating actionPositive
Fitch upgraded Sri Lanka's sovereign rating to B- from CCC+ with a Stable outlook. CBSL Governor Nandalal Weerasinghe said the upgrade reflects macro stabilization and reforms, and outlined measures including a National Climate Finance Strategy and linking LANKAQR with regional payment systems to support tourism and investment.
Sri Lanka rupee was quoted at 330.15/30 to the US dollar on Friday, slightly firmer than 330.30/55 the previous day. Government bond yields were broadly steady, with the 15.10.2028 at about 10.45-10.60% and longer maturities around 10.80-12.05%.
Sri Lanka's services exports rose 13.97% to $331.87m in August 2026 year-on-year; transport and logistics jumped 51.41% to $187.50m while financial services fell 62.16% to $1.65m, ICT/BPM declined 10.49% to $135.10m and construction exports dropped 36.91% to $7.62m.
Sri Lanka's merchandise exports fell 1% to $1,269.49m in August 2026 year-on-year, led by declines in apparel (down 8.4% to $464.27m), tea (down 7.76% to $130.92m) and coconut-based products (down 17.28% to $104.27m). Total Jan-Aug exports rose 4.26% to $12.01bn.
The Finance Ministry said talks held in Colombo from 10-23 Sept were a technical round ahead of the IMF's Seventh EFF Review, not the final negotiations for release of the seventh tranche. The statement said IMF, Finance Ministry and Central Bank officials took part and gave no date for a staff-level agreement.
Fitch upgraded Sri Lanka's long-term IDR to B- from CCC+ (Stable) on 22 Sept; Deputy Minister Anil Jayantha Fernando said stronger revenue collection (16.7% of GDP) and a 5.4% primary surplus in 2025, alongside external-sector resilience, drove the upgrade.
Sri Lanka Customs collected Rs.199.3 billion as of 22 September, exceeding the monthly target by Rs.3.8 billion and taking YTD revenue to Rs.2.06 trillion (93% of the Rs.2.21 trillion 2026 target); about Rs.149 billion more is needed to meet the full-year goal.
Parliament will vote today on the 22nd Amendment to the Constitution; the Government says its 158 MPs are united and the amendment requires 150 of 225 votes to pass. The Supreme Court found no referendum is needed, while the Opposition staged protests blocking the Polduwa entrance and says the bill undermines the rule of law.