C T Holdings (CTHR.N0000) has appointed Indira Malwatta as an Independent Non-Executive Director. Malwatta has over 40 years' experience and currently serves on the boards of Samson International, Cargills and Kotmale.
Company filings and market news from across Sri Lanka's stock market.
C T Holdings (CTHR.N0000) has appointed Indira Malwatta as an Independent Non-Executive Director. Malwatta has over 40 years' experience and currently serves on the boards of Samson International, Cargills and Kotmale.
Colombo stocks rose with the ASPI up 0.33% to 23,781.23, led by blue-chip gains from JKH, HAYL, MELS, AEL and LMF. Banking counters faced selling pressure after Q4 results while capital goods drove turnover (27%); foreigners were net buyers of Rs.194m.
JAT Holdings PLC is listed as the T-shirt sponsor for the Royal–Thomian Old Boys Golf Match to be held on 8 March 2026 at the Royal Colombo Golf Club.
CEMS‑Global's 15th Textile Series will be held 5–7 March 2026 in Colombo to connect global suppliers and support Sri Lanka’s apparel export drive, aligning with government targets to raise total exports to $36bn by 2030 and apparel to over $8bn; apparel earned about $5.3bn last year.
Dividend · Rs 7.00 · XD Mar 10, 2026
Third Interim dividend of LKR 7/share; XD 2026-03-10; record 2026-03-10; payable 2026-03-27; FY 2025
The U.S. Supreme Court invalidated the use of IEEPA for broad tariffs, cutting the effective tariff rate sharply, and the administration moved to a temporary replacement (announced at 10% then 15% under Section 122). The ruling creates trade and fiscal uncertainty, including an estimated USD240bn revenue impact and potential USD175bn in refund risk.
A Montana State Partnership Program delegation, including Mooney Group LLC, met Sri Lanka’s Ambassador Mahinda Samarasinghe to explore investment opportunities in the country’s graphite sector. Sri Lanka said it will facilitate FDI supporting value-added production and collaboration on technology, safety and environmental standards.
Sri Lanka hosted a pavilion at the 73rd Bangkok Gems & Jewelry Fair with 60 Sri Lankan companies occupying 75 booths. The participation showcases Ceylon gemstones and aims to boost exports and trade ties with Thailand and the wider ASEAN market.
The Sri Lanka Export Development Board led a 19-member delegation of giftware & lifestyle SMEs to the IHGF Delhi Fair Spring 2026 (14–18 Feb) and held networking sessions in Mumbai to build buyer links and boost export-readiness through design and production exposure.
Colombo market closed marginally higher: ASPI +0.05% (12.48 pts) at 23,703.10 and S&P SL20 +0.06% at 6,685.27 on turnover >Rs.4bn. Diversified financials, capital goods and banking led activity with CDB, DIAL, PLR, JKH and DOCK as key positive contributors while foreigners were net sellers (Rs.72m; YTD outflow Rs.15.9bn).
President Trump defended sweeping tariffs and said they could replace income tax; after a Supreme Court setback he signed a new 15% global tariff order (limited to 150 days) to take effect almost immediately.
Asia markets rose (MSCI Asia-Pacific ex-Japan ~+1%), led by Korean chipmakers as AI sentiment improved; investors also watched the yen and BOJ/Fed rate outlook. Traders awaited the US State of the Union while oil gained ~0.75% and gold was flat.
EDB Chairman Mangala Wijesinghe said Sri Lanka's apparel and textile sector is forecast to generate $5.5 billion in export revenue in 2026. January exports fell 2.82% YoY to $447.25m, but the EDB expects a rebound and aims to expand value-added shipments via DCTS, EU GSP+ and reduced US tariffs.
Cabinet approved the updated National Tariff Policy on 3 November 2025 to amend tariff rules for legal compliance and resolve implementation issues; the changes aim to improve consistency in tariff application, reduce ambiguities and support broader macroeconomic objectives.
Colombo stocks closed in red, with the ASPI down 0.39% (92.40 pts) to 23,690.62 and the S&P SL20 down 0.71% to 6,681.12 on turnover of nearly Rs.3.7bn. Price losses in John Keells, Melstacorp and Nations Trust Bank were key negatives while ACL Cables, Access Engineering and Dialog were top turnover names.
The US Supreme Court struck down IEEPA-based tariffs on 20 Feb, cutting the US effective tariff rate from about 13% to ~5–6%; the administration quickly imposed a temporary 10% (then 15%) global tariff under Section 122, leaving trade and fiscal uncertainty including possible $240bn in lost IEEPA revenues and questions over refunds.
The Export Development Board says Sri Lanka will host what is expected to be the country’s largest investment forum on June 10 to connect local exporters with global investors and buyers and expand export opportunities.
The Sri Lanka Export Development Board held a virtual meeting with New Zealand and Sri Lankan high commissions and business representatives to promote Sri Lanka Expo 2026 and boost bilateral trade. Sri Lanka's exports to New Zealand were about USD 31.24m in 2025, led by tea, garments, rubber and edible preparations.
MAS Holdings has ceased garment operations at its Methliya plant as part of a restructuring; Opposition Leader Sajith Premadasa warned about 26,000 potential job losses, while MAS and the Export Development Board say workers were offered transfers, relocation support or above-statutory compensation.
Sri Lanka showcased plans at the India International Seaweed Expo 2026 to scale seaweed farming from small-scale cultivation to value-added processing and export-oriented supply chains. Officials and experts flagged needs for investment, species diversification, infrastructure and measures to manage climate and operational risks.
Cabinet approved an updated National Tariff Policy on Nov 3, 2025 after a comprehensive review to improve compliance, clarity and alignment with current economic and fiscal conditions; the revised framework is expected to enhance trade policy coherence and support fiscal objectives.
Sri Lanka’s export earnings in January 2026 rose 13.71% y/y to US$ 1,532.6 Mn. Merchandise exports increased 10.66% (US$ 1,165.02 Mn) and services grew 24.59% (US$ 367.55 Mn), with strong gains in tea, coconut products, electrical/electronics and ICT/BPM, while apparel and gems/jewellery fell.
The U.S. Supreme Court on Feb 20 ruled the president cannot use IEEPA to impose broad tariffs, cutting the U.S. effective tariff rate from ~13% to about 5–6% and removing roughly USD240bn of IEEPA-based annual tariff revenue. The administration has imposed a temporary 15% global tariff under Section 122, creating ongoing trade, fiscal and refund uncertainty.
UNDP and UNCDF delegations visited Sri Lanka (16–20 Feb 2026) to help design a sustainable financing mechanism for micro, small and medium industrialists and businesses affected by Cyclone Ditwah, meeting agencies including NEDA, SEDD, IDB and NCGIL to discuss risk mitigation and recovery.
IMF Resident Representative Dr. Martha Woldemichael said sustaining reform momentum is critical for Sri Lanka to move from crisis stabilisation to transformation, noting four of eight EFF reviews completed and about $1.74bn disbursed. She urged trade liberalisation, digitalisation, labour-market reform, fiscal credibility and Central Bank independence to bolster investor confidence; reserves stood at $6.8bn and inflation was 2.3% YoY in Jan 2025.
Asian stocks slipped after a Wall Street selloff driven by uncertainty over U.S. tariff policy and AI-related risks; MSCI's Asia-Pacific ex-Japan index was down about 0.2%.
UK DCTS reforms (effective 1 Jan 2026) allow Sri Lankan apparel makers to source fabrics globally and export duty-free to the UK, expected to lift production by over 10% and boost export volumes; delegation visited logistics and QA facilities, including Aitken Spence-supported operations.
EDB held a specialised "Beyond Borders" training for potential exporters and SMEs on Incoterms, risk management and strategies for international competitiveness. The EDB said a five-year National Export Development Plan is being drafted and noted SME direct exports are under 5% (vs >25% in peers).