Ceylon Cold Stores (CCS.N0000) won the Gold award for Food & Beverages (Group Turnover above LKR 15 BN) and a Bronze for Corporate Governance Disclosure, while Keells Food Products (KFP.N0000) won Gold for Food & Beverages (Group Turnover up to LKR 15 BN) at the CA TAGS Awards 2025.
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.
Construction ActivityIT & DigitalConsumer Staples (FMCG)
Ada Derana·Feb 25, 2026·Promotional / marketingPositive
Samsung Sri Lanka launches the 'Wowurudu' Avurudu consumer-electronics campaign from 15 Feb 2026, introducing two new double-door inverter no-frost refrigerators and a Twin Inverter WiFi air conditioner and promoting products island-wide via authorised distributors including Singer and Softlogic.
Russel’s Wellness showcased Ayurveda-inspired wellness teas and medicinal formulations at Gulfood 2026, attracting strong interest from global importers and a visit by the Hon. Minister, signalling growing international recognition for Sri Lanka’s heritage wellness sector.
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.
Lihini Sea Foods (Pvt) Ltd won the Gold Award in the Extra Large Category – Fisheries & Fishery Products Sector at the 33rd NCE Export Awards 2025. The company runs a ~175 mt/month processing facility, has expanded value-added seafood ranges and holds certifications including BRC “AA”, IFS, HACCP and FDA.
Serendib Flour Mills assistant miller Tharindu Ihalagedara won the Silver Medal (second-highest marks) in the one-year Flour Milling Technology Certificate Course at ISMT, CFTRI (India). The company highlights the achievement as evidence of its investment in technical training and operational excellence.
Nestlé Professional signed an MoU with the Chefs Guild of Lanka and the Sri Lanka Hospitality Graduates Association to organize the island‑wide Nestlé Golden Chef’s Hat and Junior Competitions 2026, with eight regional professional rounds and regional junior rounds at hotel schools.
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.
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.
Hayleys Solar (Hayleys PLC) completed a 4,036 kW solar PV installation across six Pussalla Meat Producers farm locations. The multi-site project is expected to supply a substantial portion of the farms' energy needs and reduce annual carbon emissions by about 3,392,247 tonnes.
Sri Lanka's National Consumer Price Index inflation fell to 2.4% in January 2026 from 2.9% in December 2025. Food inflation eased to 3.4% (from 4.4%) while non-food inflation remained unchanged at 1.6%.
LAUGFS Gas PLC says LPG supply is normalising after government support to operationalise its Hambantota Terminal; cargo shipments under a new supply arrangement have been secured and distribution restoration is under way.
CBL Group has acquired PT Tri Jaya Tangguh Indonesia, a large-scale coconut processing facility, in a transaction exceeding USD 25 million. The deal expands CBL’s manufacturing footprint in Indonesia to increase capacity, supply-chain resilience and its global coconut milk export capability.
Coca-Cola, the ICC Men’s T20 World Cup Official Beverage Partner, has released a new advertisement celebrating Sri Lankan cricket fans and positioning Coke as the refreshment of choice during matches following Sri Lanka's win over Australia.
Solo Bowl opened its first dine-in outlet at No. 765, Kotte Road, Etul Kotte, Colombo on 18 February, expanding the brand from delivery into a dine-in fast-casual format. The launch, attended by Giga Foods chairman Ajit Gunewardene and board directors, targets busy urban professionals with the brand's signature bowl menu.
Daraz Sri Lanka held a February workshop with the National Medicines Regulatory Authority to raise regulatory awareness for online sales of medicines, medical devices, borderline products and cosmetics, aiming to improve seller guidance, compliance practices and consumer trust.
American Premium Water launched a Loyalty Programme and mobile app on 16 February 2026, offering quarterly rewards and waiving the monthly bill for users who use the app for more than two months. The app provides hydration tracking, consumption monitoring, real-time delivery updates and payment management.
Rajendra Theagarajah’s Cinnamon Global has deployed around $5m into growth-stage enterprises in Sri Lanka’s Northern Province, with typical tickets of $25k–$50k and a largest investment of $700k. The patient-capital fund targets agriculture value-add, aquaculture, ICT and logistics and has a $500k program for heritage rice using data-driven agronomy.
A two-week training program on Tropical Food Production and Processing Technologies, jointly organised by China (CATAS) and Sri Lanka’s ERD with the Department of Agriculture, concluded in Kandy on 28 January 2026, covering crop management and food-processing innovations.
Mr. Shamindra Vatsalan Rajiyah has tendered his resignation as Managing Director of the Company with effect from 19th February 2026.The Board of Directors resolved to appoint Mr. Vasantha Kumar Sanmugam, an Executive Director of the Company, as the Managing Director of Renuka Agri Foods PLC with effect from 19th February 2026.
Asian stocks slipped and oil climbed as a U.S. military buildup around Iran pushed Brent crude above $72/bl; the dollar posted its biggest weekly gain in four months after mixed U.S. data and Fed minutes.
Interest RatesFuel & Energy PricesIT & DigitalConsumer Staples (FMCG)
The Consulate General of Sri Lanka and the Pudong Shangri-La Shanghai held the first Sri Lankan Food Festival in Shanghai from 9–13 February 2026. The five-day event showcased Sri Lankan dishes and Ceylon tea, attracting celebrities, media and international food lovers.
Teejay Lanka PLC fully funded a new washroom facility at Ruwanwella Royal College and partnered with the H.E.R Foundation to deliver menstrual health and hygiene education to about 400 students and parents.
New Anthoney’s Farms signed a five-year MoU with the University of Peradeniya to provide independent, ISO/IEC 17025-accredited laboratory verification that its chicken production is entirely antibiotic-free. The university's FSQAL-UPDN will systematically test samples across production stages to verify absence of antibiotics.
EDB, the Sri Lanka Embassy in Riyadh and the Saudi Food and Drug Authority held a webinar on Saudi export registration procedures for over 90 Sri Lankan exporters; Saudi was the 23rd export destination at $137.85m in 2025 (+13.3% vs 2024). The session covered registration, facility approval, inspection and clearance processes for poultry, fisheries, processed foods, frozen produce, beverages and herbal products and included a technical Q&A with SFDA officials.