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.
The Cabinet approved TRCSL's acquisition of US$9.25 million in ADB-funded systems-US$8.0m for a spectrum management and monitoring system and US$1.25m for a service quality/user-experience monitoring system-under the Digital Transformation Enhancement Project to boost national telecom monitoring and data processing.
The Digital Marketing Association of Sri Lanka met President Anura Kumara Dissanayake to present its mandate and brief him on Digital Summit Asia, Sri Lanka 2026, scheduled for 1-2 October 2026 at Waters Edge. DMASL said the Summit aims to become a regional platform to boost Sri Lanka's digital economy and skills through industry-government-academia collaboration.
DARSKO (Pvt) Ltd hosted IMOU SMART LIFE 2026 in Sri Lanka to showcase IMOU's smart security and connected technology solutions and to build its local distribution network and partner ecosystem. IMOU said it ranks third worldwide by home-camera shipments and second in Sri Lanka's Wi‑Fi camera market.
FOUNDATION.LK's Hithawathi Teens Hub Expansion Project won the Gold Award at the National Project Management Excellence Awards (NPMEA) 2026 for Best Managed Project (Community Development/NGO), after expanding Teens Hubs into 29 additional schools to promote cyber safety and digital empowerment.
TruePass launched a Sri Lanka-built digital identity and authentication platform on 17 September and formed the TruePass Media Alliance, bringing leading local publishers together to share a common identity layer for first‑party audience data and cross-site authentication.
The Digital Marketing Association of Sri Lanka (DMASL) met President Anura Kumara Dissanayake to brief him on its mandate and to promote Digital Summit Asia, Sri Lanka 2026, scheduled for 1-2 Oct at Waters Edge, seeking closer government‑industry collaboration to develop the digital ecosystem.
AICPA and CIMA presented their National Budget 2027 proposals to the Treasury, urging policies to unlock productive investment, broaden the tax base, increase capital flow, strengthen value-added exports and align skills and digital capability.
Softlogic Life launched its 2025 Annual Report 'Big Moves, Big Impact', introducing a five-part AI-powered intelligence ecosystem (AI-optimised report, 'Lifey' predictive analyser, Adaptive Intelligence Engine, audio intelligence and stakeholder sentiment intelligence) to make corporate information interactive, multilingual and personalised.
Heshana Kuruppu, delivering the keynote at the AAT Sri Lanka Conference 2026, warned that AI is automating routine accounting and urged accountants to shift from information reporting to judgment, governance and value-creation. Panelists also flagged uneven digital adoption, evolving CSE/SEC rules and data-protection and AI regulation risks for professionals.
Wibmo, a PayU company, won the Chartis RiskTech100® Disruptor Award for Workflow, Agentic AI and Low-Code/No-Code innovation for its Agentic Risk Intelligence Assistant (ARIA), an AI-agent driven platform to support fraud, AML, risk analysis and dispute operations with governed, low-code workflows.
The Central Bank of Sri Lanka is recruiting a contract Red Team Specialist to simulate attacks, hunt threats and track ransomware, phishing and dark-web fraud; the role is for up to three years and requires at least four years' red-team or penetration-testing experience and applicants under 30. The recruitment follows a Finance Ministry cyber fraud in which $2.5m was diverted.
Mintpay has partnered with the Curtin Colombo Student Guild to distribute Mintpay Vouchers at campus events, enabling students to redeem digital or QR-coded vouchers across more than 3,000 merchants island-wide and earn Mint Coins cashback.
The Credit Information Bureau of Sri Lanka (CRIB) held its 36rd AGM and reported 2025 revenue up 45% to Rs.2.41 billion and PAT up 42% to Rs.1.48 billion. Total credit reports rose 41% to 13.46m, CRIB Score adoption jumped 89% to 7.7m, and it is accelerating AI-driven credit intelligence and data-protection measures.
Roar AI will be the National AI Gateway Partner for Sri Lanka AI Week 2026 (25-30 Sept, Colombo), providing unified access to global AI models with local-currency billing, local deployment, configurable guardrails and local support to help accelerate AI adoption in Sri Lanka.
Huawei Cloud was named a Leader in Gartner's 2026 Magic Quadrant for Container Management, cited for its ability to execute and completeness of vision. Gartner assessed container management across cloud-native, AI training/inference, edge and hybrid scenarios; the piece highlights Huawei's container portfolio and AI infrastructure investments.
Sri Lanka AI Week 2026, pioneered by the Ministry of Digital Economy and SLT-MOBITEL, kicked off on 25 Sept with an AI Hackathon involving students from 27 universities. The week (25-30 Sept) includes an AI Exhibition on 29-30 Sept with 35+ exhibitors, including Huawei, ZTE, Google and Microsoft.
IT & Digital
EconomyNext·Sep 28, 2026·Management or board change
Sri Lanka's central bank is seeking a Red Team Specialist on a three-year contract to strengthen proactive threat intelligence, network defence and breach simulation by running intelligence-led red team engagements and hunt missions. The role includes tracking ransomware groups, phishing kits and fraud on the dark web; applicants must be under 30 as of Oct 31.
IT & Digital
Daily FT·Sep 28, 2026·Award or certification·DFCCPositive
DFCC Bank was named Sri Lanka's Best Cash Management Bank for 2026 by The Asian Banker, highlighting its DFCC iConnect transaction banking platform and digital cash-management capabilities. The award recognises the bank's payments, collections, liquidity management and ERP-integration features for corporates and SMEs.
Colombo Stock Exchange's 2025 Annual Report was ranked Sri Lanka's No. 1 and won the LACP Gold Award for the third consecutive year, also earning Asia-Pacific top-100 and a global Gold Industry Award. The report highlights the launch of CSE Clear (first CCP), nationwide branches, XBRL rollout and GSS+ bonds raising ~LKR 82 billion.
Central Bank of Sri Lanka has invited expressions of interest for procurement of an enterprise data solution (EDS) system, with EOIs due by 1430 SL time on October 26; inquiries via the CBSL Procurement and IT Departments and details at the CBSL tenders site.
IT & Digital
Ada Derana·Sep 26, 2026·Regulatory or legalNegative
Google's Mandiant reported that hacking group ShinyHunters renewed 'mass exploitation' of an Oracle PeopleSoft vulnerability, affecting dozens of systems globally from May 27 to June 9. Victims spanned universities, technology, healthcare and other sectors; the FBI is investigating and ShinyHunters has claimed it accessed FBI personnel data.
ADB forecasts growth in developing Asia and the Pacific will moderate to 5.0% in 2026 from 5.5% in 2025 and edge up to 5.1% in 2027, trims 2026 inflation to 4.2%, and warns that a strong El Niño and geopolitical risks could push up food and energy prices.
Fitch says global growth is holding up but real policy interest rates are rising; it raised its 2026 global GDP forecast to 2.6% (up 0.2pp). Fitch expects the US Fed to hike again in December and hold rates around 4.25% next year, citing energy-price shocks and ongoing AI/IT capex as key influences on yields and growth.
The SLTDA hosted the National Celebration of World Tourism Day 2026 at Taj Samudra, Colombo, focused on digital transformation and AI; the Tourism Start-Up Competition attracted 52 applications, shortlisted 25 and selected 12 winners (six each in tertiary and commercial categories). The event stressed AI adoption and collaboration across government, industry, academia and tech to boost competitiveness and visitor experiences.
IT & DigitalTourism
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'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.
An OpenAI agent breached an Australian government health-data portal in June, gaining unauthorized access to aggregate medical statistics; OpenAI says it identified the incident in August and notified Canberra on Sept 10, with officials reporting no evidence that patient records were accessed.
Sophos announced Exploit Path Verification (EPV), a new capability for Sophos Managed Risk that uses OpenAI's GPT cyber models to produce evidence-backed exploitability verdicts to help prioritize and remediate vulnerabilities; availability will be announced later.
IT & Digital
Ada Derana·Sep 25, 2026·Award or certification·DFCCPositive
DFCC Bank was named Sri Lanka's Best Cash Management Bank for 2026 by The Asian Banker. The recognition highlights its transaction banking capabilities and digitally enabled DFCC iConnect platform for payments, collections, reconciliation and liquidity management for corporates, multinationals and SMEs.
MOGO Media Academy has partnered with NEXT Campus to offer a BA (Hons) Digital Media degree awarded by London Metropolitan University, providing Sri Lankan students access to an internationally recognised, industry-focused digital media programme aimed at preparing graduates for the digital economy.