US President Trump ordered a 25% tariff on imports to the US from any country doing business with Iran. Sri Lanka tea prices fell steeply in recent auctions after the Iranian rial's collapse; Sri Lanka exports tea to Iran under a food deal but it is unclear if the tariff covers food.
ODI Global and CEPA launched the report 'Sustaining Transformative Growth in Sri Lanka (2025–2030)' on 8 Jan 2026, offering a six-point policy roadmap to lock in macro stability and drive transformative growth through 2025–2030. The study notes renewed growth and lower inflation but high poverty, and highlights priorities including supply-chain integration, factor-market reforms and targeted sector policies with opportunities in tourism, digital, niche manufacturing and agriculture.
Sri Lankan exports to Saudi Arabia rose 19% in Jan–Sep 2025 versus the same period in 2024, while total bilateral trade increased 9%. Embassy-led trade promotion, business delegations, product launches (eg Ceylon Biscuits Ltd.) and a new Saudi–Sri Lanka Joint Business Council were cited as drivers.
The Tea Research Institute has certified SpectrifyAI’s portable NIR devices for rapid tea moisture testing, reporting over 95% accuracy in under 15 seconds versus the ISO 6-hour oven-dry method. The AI platform also measures total polyphenols and offers supply-chain traceability to boost Sri Lanka’s tea quality and export competitiveness.
AgriOne Solutions, a subsidiary of Asiya Siyaka Commodities PLC, has appointed Pasad Weerasekera to its Board of Directors. He brings over 33 years of agri-input industry experience and will work on strategy, execution and long-term value creation for the business.
C2S.LK, an engineering brand of Abacus Tea (Pvt) Ltd, won Outstanding Technology and Equipment Innovation at the Asia Awards 2026 for a patented tea-bag machine conversion that eliminates metal staples. The technology has converted 50+ machines in India and Sri Lanka and generated foreign exchange for Sri Lanka.
Hatch Fund Singapore invested $650,000 in Cultive8, a Sri Lankan-rooted agri-tech startup now headquartered in Singapore. The capital and access to Hatch’s accelerator will streamline Cultive8’s cap table and support regional and international expansion into markets such as India, Bangladesh and beyond.
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Ada Derana·Jan 6, 2026·Award or certification·ASIYPositive
Asia Siyaka Commodities' wholly owned subsidiary Asia Siyaka Warehousing became the world's first ZeroCarbon® certified tea auction logistics company; it also holds LEED and ISO 22000 certifications, which the company says enhances competitiveness for tea exporters and 3PL clients.
Hatch Fund Singapore invested about USD 650,000 in Cultive8, a Sri Lankan-rooted agri-tech startup, to streamline its cap table and accelerate regional and international expansion. The investment also provides access to Hatch's global accelerator platform for market entry and follow-on support.
Ceylon Tea Brokers (CTBL.N0000) sold its logistics subsidiary Logicare to D P Logistics for LKR 1.3 billion, with LKR 635.3 million paid as direct consideration and the balance via assumed debt, under a Share Sale and Purchase Agreement signed on 30 Oct 2025.
Sri Lanka opened a pavilion at the Muscat Festival on 1 January 2026 to promote tourism and Sri Lankan goods, featuring 10 stalls showcasing tea, jewellery, cosmetics, batik and traditional food. The month-long festival is Oman’s largest, drew over 4 million visitors last year and includes cultural performances and a fashion show.
Sunshine Holdings PLC (SUN) has been included in the S&P Sri Lanka 20 Index, effective 22 December 2025 (after market close on 19 December 2025), reflecting its ~LKR70 billion market capitalisation and six‑month median daily value traded of LKR45.6 million which meets index thresholds.
The Sri Lanka Export Development Board hosted a networking session in Colombo to equip new and prospective exporters with market access and practical skills, covering trade fairs, market research, buyer relations, communication and global quality standards. Industry experts, including Christopher Fernando of Malwatte Valley Plantations, spoke at the event.
TikTok released Sri Lanka's top searches for 2025, highlighting travel and cultural trends and naming a Watawala Tea advertisement among the year's notable moments.
Evergreen Group produced and sold 10,379,568 kilos of tea in 2025, making it the largest tea-producing private group in Sri Lanka for the eighth consecutive year. The group operates 13 factories, employs over 4,000 people and sources green leaf from about 30,000 smallholders, producing both Orthodox and CTC teas.
Dilmah Ceylon Tea Company PLC has been invited to be Patron of the UN Global Compact Network Sri Lanka Supply Chain Working Group, recognising its sustainable supply-chain role; 71% of its 2024/25 supplier spend (Rs.14,494m of Rs.20,440m) was with local suppliers.
Tea & Plantation CropsExportersConsumer Staples (FMCG)Renewable Energy
The Science and Technology Ministry revived Regulatory Impact Assessment (RIA) in 2025 and launched pilot RIA studies across eight regulatory agencies (including the Insurance Regulatory Commission, Consumer Affairs Authority and Sri Lanka Tea Board) with UNIDO support. The pilots aim to embed evidence-based rulemaking to reduce regulatory uncertainty and improve investor confidence.
George Steuart & Company joined a CWEIC delegation to Nigeria and Kenya to explore trade and expansion opportunities across tea, pharmaceuticals, FMCG, digital trade and other sectors. The visit included the Manufacturing Africa CEO Forum, KIAC meeting, an Equity Group roadshow and meetings with Lagos officials and industry partners.
Tea & Plantation CropsHealthcare & PharmaConsumer Staples (FMCG)IT & Digital
Sri Lanka has yet to fully assess Cyclone Ditwah's economic fallout; the World Bank's rapid estimate puts direct physical damage at $4.1bn (about 4% of GDP), while the government says a comprehensive damage-and-needs assessment will take at least four weeks and likely show higher total costs.
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ILO estimates Cyclone Ditwah affected up to 374,000 workers in Sri Lanka, with potential monthly income losses of US$48 million. Agriculture and fisheries were severely hit — up to 23% of rice area flooded and preliminary tea output losses could reach 35%, hitting smallholder tea farmers hardest.
EDB Chairman says Sri Lanka is on track to surpass $17.0bn in export revenue in 2025 after goods and services earned $15.77bn in Jan–Nov, up 5.8% YoY. Apparel reached $4.82bn (4.9% YoY), tea exceeded $1.4bn (7.4% YoY) and services were $3.35bn (3.6% YoY).
Sri Lanka will launch the National Export Development Plan (NEDP) in January 2026, targeting about $36 billion in export receipts over 2026–2030. The plan, prepared with the ADB, includes tariff reform (Rs.80bn), Rs.2.5bn for a National Single Window, aims to create 3,000 new exporters and a Ministerial report on FTAs by Feb 2026.
George Steuart & Company joined a CWEIC delegation to Nigeria and Kenya in late 2025 to explore trade and expansion opportunities across tea, pharmaceuticals, FMCG, travel and digital trade, with Kenya highlighted as a gateway to over 500 million consumers. Meetings included Manufacturing Africa CEO Forum, KIAC, an Equity Group roadshow and discussions with Lagos officials and industry groups.
The National Initiative for the Commercialisation of Research and Development (NIRDC) awarded over LKR 227 million to nine projects selected in Q1, with Bank of Ceylon providing funds under MoUs and disbursements tied to project KPIs. Projects span AI, energy supercapacitors, tea and cinnamon processing, coconut oil testing, kitul beverages, export knitting and soil microbial inputs.
Sri Lanka's exports for Jan–Nov 2025 reached US$15,776.36 Mn, up 5.8% y/y, with November 2025 exports at US$1,364.52 Mn (+5.56% y/y). Merchandise exports rose 6.41% to US$12,417.98 Mn and services 3.62% to US$3,358.35 Mn; coconut products, processed foods and selected electronics showed strong gains while apparel and tea recorded modest increases.