Company filings and market news from across Sri Lanka's stock market.
Macktiles Lanka (Pvt.) Ltd opened a new showroom at 236, Main Road, Attidiya, Dehiwala on April 24, 2026. The outlet showcases new 4×2, Batik, Junior and Green ranges, highlights tech-driven services and notes ISO 14001:2015 environmental accreditation.
Melwa Conglomerate hosted its annual 'Night of the Generals' on 27 February at Cinnamon Life, Colombo, featuring a Talk Show on 'Smart and Resilient Cities' with international experts George Kunihiro and Naveed Anwar. The event drew senior professionals and highlighted Melwa's role in Sri Lanka's construction and industrial sectors.
Kedella Enterprises Pvt. Ltd. won two awards at the People’s Excellency Awards 2025 — “Innovative Enterprises Leader in Sri Lanka” and “Most Trusted Enterprises Company in Sri Lanka.” The ISO 9001:2015-certified construction firm is noted for deluxe residential projects, eco-friendly building solutions and flexible customer financing.
Government has initiated plans for cable car projects at Sri Pada and other tourist sites and will implement visa-free entry for citizens of 40 countries from 25 May to boost arrivals. Feasibility studies, sanitation upgrades in national parks and a new coastal tourist zone were also discussed.
The Cabinet approved calling for investment proposals to develop about 1 acre (1 rood 12.4 perches) on Maradana Road, Colombo 10, into a mixed-development IT innovation hub to foster local tech talent and the digital economy.
Aitken Spence Elevators (Aitken Spence PLC) awarded NVQ Level 3 certificates to its latest elevator serviceman trainees, and all graduates have begun roles as technicians or supervisors at Aitken Spence Elevators.
IFC will invest up to $18 million via a local‑currency loan in WindForce PLC to develop Sri Lanka’s first 100 MW utility‑scale solar plant, expected to generate about 220 GWh/year. The project includes advisory support, enables future battery storage, and is projected to create over 3,000 jobs and lower electricity costs.
Fitch affirmed Sri Lanka’s Construction Guarantee Fund’s National Insurer Financial Strength rating at 'BB(lka)' with a Stable outlook. Fitch noted premium income rose 284% to LKR38m in 2025, underwriting loss narrowed to LKR104m and capital was adequate at about LKR2.0bn.
RIUNIT will host 'Driving Growth Through Real Estate: 10 Year Plan' on 5 May 2026 at Port City Colombo to develop a 10-year roadmap for Sri Lanka's property sector; RIL Properties' CEO Hiroshini Fernando and other industry leaders will participate.
Prime Constructions, the construction arm of Prime Group, has achieved ISO 9001:2015 certification. The accreditation confirms standardized quality management across its project lifecycle, aiming to reduce defects, improve on-time/on-budget delivery and bolster customer and investor confidence.
The ASPI rose 0.20% (44.68 pts) to 22,612.31 as foreign investors were net buyers of Rs. 242.25m; market turnover was nearly Rs. 3bn on 141m shares. Gains were led by CINS, DIAL, SAMP, CARS and DFCC, with food, beverage & tobacco leading turnover (25%) and capital goods plus real estate adding 25%.
Government has invited local and international investors to submit EOIs to develop and operate Mattala Rajapaksa International Airport, with EOI documents available 27 Apr–8 Jun and a required proposal guarantee of $500. A pre-proposal briefing and site visit is scheduled for 22 May.
Primary surplus rose 86.7% YoY to Rs.222.82bn in Jan 2026 and the overall budget deficit narrowed to Rs.3.81bn, reflecting marked fiscal consolidation and bringing Sri Lanka closer to a ~$700m IMF tranche conditional on pricing reforms. Higher energy costs and reconstruction spending remain risks; the government announced a Rs.100bn short-term relief package for the energy shock.
The Asian Development Bank estimates Sri Lanka has about $6 billion of unrealised export capacity — exports could rise 47% if gaps are addressed — and says weak export growth has widened the trade deficit and pressured the rupee ahead of rising external debt repayments. Usable reserves cover roughly three months of goods imports, limiting the Central Bank's ability to defend the currency.
The Cabinet approved plans to revise the National Housing Policy to better address evolving housing and human settlements challenges, with a focus on low-income communities. A committee of experts will be appointed to lead the overhaul, updating the 2019 policy toward more sustainable, coordinated housing solutions.
Siam City Cement (Lanka) Ltd signed an MoU with the Chief Secretary of the Southern Province to deliver three training programmes to upskill provincial engineers and technical officers on SLS 573, quality control, construction management, waterproofing, durable concrete and mix-design optimisation.
Sri Lanka's cumulative exports for Jan–Mar 2026 reached US$ 4,308.11 million, up 1.59% year-on-year. March exports were US$ 1,467.31 million (down 5.2% YoY but up 9.0% month-on-month), with strength in coconut, processed food, electronics and services while apparel and tea declined.
Cabinet approved awarding a Rs. 356.22 million (exclusive of taxes) consultancy contract to Resources Development Consultants Ltd to conduct a feasibility study and prepare detailed plans for extending the Kelani Valley Railway Line from Avissawella to Ratnapura.
The Cabinet approved an expert committee to assess and revive 2,562 stalled National Housing Development Authority projects that aimed to build 64,407 units. Only 386 villages are completed and 10,532 units delivered so far, with Rs. 11.26 billion estimated to finish remaining units.
Hayleys Fentons Limited was named among the Top 40 Outstanding Companies at the Best Management Practices Company Awards 2026, winning multiple awards including Winner in Power & Energy – Renewable and in Construction and Project Engineering; the business is part of the Hayleys group.
Colombo Land and Development Company PLC appointed Dayani Kiriwattuduwa as a Non-Executive Director; she is currently Director (Legal) at the Urban Development Authority with 19+ years' experience and expertise in unauthorized construction and regulatory compliance.
People's Bank donated Rs. 300 million to the Government's Rebuilding Sri Lanka Fund to support a multi-storey housing project in Nuwara Eliya to resettle families affected by Cyclone Ditwah; the development will comprise three blocks of 40 units (120 units) with infrastructure and community facilities, including solar-powered lighting.
National Development Bank PLC's NDB Wealth hosted the Family Office Forum 2026 — Colombo Edition at Cinnamon Life, convening ultra-high-net-worth individuals and global practitioners to discuss deep tech, infrastructure, energy transition, governance and capital allocation.
Cabinet approved awarding a consultancy to Resources Development Consultants (Pvt) Ltd to carry out a feasibility study and prepare detailed plans for the Avissawella–Ratnapura extension of the Kelani Valley Railway at a cost of Rs. 356.22 million (exclusive of taxes).
Transport Minister Bimal Rathnayake said Central Expressway Phase III is progressing, with the Pothuhera–Rambukkana stretch about 75% complete by March and a ~Rs.2 trillion public infrastructure pipeline planned for 2026–2028. Analysts warn rising input costs, tight financing and potential energy shocks could pressure timelines and margins, especially for smaller contractors.
Heads of Multilateral Development Banks agreed to deepen cooperation to provide timely support to countries amid global uncertainty, prioritising mobilisation of private finance, scaling local-currency financing, and joint initiatives on critical minerals, water infrastructure and AI.
Groundworth (Pvt) Ltd launched “Legado”, an exclusive land development in Homagama offering eight premium plots with prices starting at LKR 1.2 million per perch. The site is positioned near the Kottawa Interchange and local amenities (schools, hospitals, Cargills Food City) to target long-term appreciation under the Western Megapolis plan.
World Bank projects Sri Lanka's growth will moderate to 3.6% in 2026, citing higher energy prices and a transition to more sustainable growth. It flagged risks from persistently high energy costs, flight disruptions hitting tourism, skilled-labour shortages, weak public capex execution and climate shocks.