Company filings and market news from across Sri Lanka's stock market.
AIA Insurance Lanka appointed Asoka Pieris and Deepthi Lokuarachchi as Non-Executive Independent Directors. Pieris brings financial management and governance expertise, while Lokuarachchi brings insurance and healthcare experience to support AIA’s health insurance strategy.
The 13th Sri Lanka–Pakistan Joint Economic Commission met in Colombo and agreed cooperation across IT, pharmaceuticals, agriculture and maritime connectivity, including a Joint Working Group on IT and progress on pineapple and avocado export procedures. Commerce-level talks also reviewed PSFTA implementation.
Asiri Hospital Holdings (ASIR.N0000) opened a new Cardiac Catheterization Laboratory and Coronary Care Unit at Asiri Hospital Matara to provide advanced cardiac diagnostics and interventional care locally. The facilities offer services including coronary angiograms, angioplasty and stenting to improve timely access to cardiac treatment in the Southern Province.
The ASPI closed at 23,992.11, up 0.13% (31.95 pts) after hitting an intraday high of 24,068.22, with turnover over Rs.6.9bn and foreign net outflows of Rs.480.2m. Capital goods led turnover (Rs.1.91bn) with John Keells and ACL Cables among top contributors while market breadth remained weak.
Share split · 1:4 · XD Mar 5, 2026
Cabinet approved cancellation of the Korean-funded Medical Equipment Division Development Loan Project and will seek funding from the Korean EXIM Bank for a feasibility study to re-establish Matara General Hospital at Kaburugamuwa. Officials cited implementation constraints and said the study will align with the Matara urban development plan.
ASPI ended marginally up at 23,960.16 (+0.03%) on turnover of over Rs.5.2bn. Capital goods led turnover (31%) driven by Colombo Dockyard and John Keells, while diversified financials and banks contributed 21% and foreign investors were net sellers of Rs.128.2m.
India and the EU have concluded negotiations on a proposed free trade agreement, likely to be announced today, aimed at boosting bilateral trade and investment. The pact is expected to cut duties on labour‑intensive and key sectors (textiles, chemicals, gems & jewellery, electrical machinery, leather, footwear and pharmaceuticals) and is presented as a political signal against rising tariffs.
Yaden Laboratories signed a BOI agreement to establish Unit II in the Katunayake EPZ with an estimated $25 million investment to add lyophilized vials and liquid injectable manufacturing. This expansion follows Unit I (started Oct 2022), which supplied 6.5m liquid injectables locally and began sterile formulation exports.
President Trump said he is increasing U.S. tariffs on South Korean imports (autos, lumber, pharmaceuticals) from 15% to 25%, with timing unclear; South Korea's KOSPI and the won fell on the news.
APIIT Sri Lanka, in partnership with the University of Staffordshire, is offering a BSc (Hons) Biomedical Science fully deliverable in Sri Lanka, claiming about LKR 12 million savings versus completing the degree overseas. Students can transfer to the UK and apply for a 1.5-year post-study work visa; applications open for Jan/Feb 2026.
The Sri Lanka Chamber of the Pharmaceutical Industry donated Rs. 50 million to the government's 'Rebuilding Sri Lanka' Fund to support disaster recovery and strengthen health services. The cheque was presented to the Minister of Health and Mass Media; SLCPI represents over 70 member companies covering most of the private pharma market.
IRONMAN 70.3 Colombo will be held on 22 February 2026 at Port City Colombo with Shangri‑La as host, expected to boost tourism, hotel, retail and services spending; Asiri Health is the event's official medical partner.
The Northern Province hosted the Northern Investment Summit on 21–22 Jan, where BOI chairman Arjuna Herath announced plans for a four-lane highway, Jaffna airport runway extension, Kankesanthurai port upgrade and three strategic industrial zones to attract investment. The summit highlighted priority sectors including IT, tourism, manufacturing, agriculture and healthcare and called for public–private partnerships and diaspora engagement.
Jaffna International Trade Fair (JITF) opens 23–25 Jan 2026 at Muttraweli Ground, Jaffna with over 400 stalls, building on a previous turnout of 78,452 visitors and 5,000 invited business delegates.
The Northern Investment Summit 2026 (21–22 Jan) set out plans to transform Sri Lanka’s Northern Province into an investment hub, proposing infrastructure upgrades (a four‑lane highway, Jaffna runway extension, KKS port upgrade) and three industrial zones at KKS, Paranthan and Mankulam.
Suwasevana Hospital renewed a three-year MoU with the National Insurance Trust Fund on Jan 6, 2026 to extend Agrahara-insured government employees benefits including free admission, free OPD consultations, 20% room discounts, 10% off investigations and free ambulance up to 10 km.
Siddhalepa Ayurveda (Hettigoda Group) opened a new retail outlet at the Departure Terminal of Bandaranaike International Airport (BIA) in Katunayake. The outlet offers a curated selection of Siddhalepa products for travellers as a final pre-departure experience.
The private sector minimum monthly wage has been raised to Rs. 30,000 from Rs. 27,000 (an increase of Rs. 3,000) effective 1 January. The change, under the National Minimum Wage (Amendment) Act, requires employers to base statutory payments (EPF, ETF, overtime, gratuity, maternity, leave) on the revised wage and disallows counting most allowances toward the minimum; employees can lodge complaints with the Labour Department for non-compliance.
Colombo market ended flat as the ASPI fell 0.02% to 23,623.74 with turnover near Rs.5.17 billion and foreign investors net sold about Rs.91 million. Top negative contributors were SFCL, JKH, BUKI, CTHR and DFCC, while DOCK, ACL and RHL led turnover and HAYL and DOCK supported index performance.
Marlbo Trading has added Teledyne FLIR thermal imaging cameras to its product portfolio to provide advanced inspection and safety solutions for buildings, industry and emergency services.
The BRIGHT national survey of 6,850 households (Nov 2024–Mar 2025) found that just before Cyclone Ditwah 27% of households were multidimensionally poor, 33% experienced food insecurity and 42% reported household debt.
LAUGFS Life Sciences, with the Medical Research Institute, launched Sri Lanka’s first public allergy-awareness wristbands to record drug sensitivities and improve emergency patient safety.
Cloud Solutions International held the Spark Tank final pitch, showcasing employee-developed healthcare solutions and naming winning teams being positioned as potential independent ventures. The event was live-streamed to Saudi Arabia and finalists received prizes and recognition.
Cloud Solutions International hosted Spark Tank: The Final Pitch, an intrapreneurship finale where employee teams presented healthcare solutions and winners received prize money and are being positioned to evolve into independent ventures. The event was live-streamed to teams in Saudi Arabia.
Dr. Neville Fernando Teaching Hospital (NFTH) and the Colombo School of Health and Sciences (CSHS) signed an MoU making NFTH the official clinical training partner for CSHS’s NVQ Level 6 Diploma in Nursing, starting February 2026. The three-year NVQ Level 6/HND pathway includes hands-on rotations across multiple specialties and a BSc (Hons) top-up option.
Sri Lanka was ranked the most affordable retirement haven in Asia by the Annual Global Retirement Index, with retirees reporting comfortable living for about $2,200/month and some managing on as little as $1,000/month thanks to low housing, food, transport and healthcare costs.
Colombo bourse closed the week up 3.45% as the ASPI rose 0.54% yesterday to 23,654.30, with the market gaining about Rs. 264.8 billion in value for the week and daily turnover over Rs. 8.5 billion; top contributors included JKH, COMB, VONE, CARS and NTB.
India will disburse about US$350m (of a US$450m package) to Sri Lanka denominated in Indian rupees, including US$100m in grants, to fund cyclone recovery — rebuilding roads, bridges and rail, housing, health, education and agriculture.