John Keells Holdings said Keells supermarkets recorded 14% same-store sales growth and 19% footfall growth in 2025, and opened two outlets bringing the total to 142. The company noted lower spend per visit but higher cumulative customer spend and plans further expansion.
Sunshine Holdings PLC reported consolidated revenue of Rs. 32.3 billion in 1H FY26, up 7.4% YoY, and group EBIT rose 18.6% to Rs. 5.5 billion with gross margin expanding to 31.9%. Healthcare remained the largest revenue contributor while Agribusiness (Watawala Plantations) saw revenue up 21.9% and sharply improved margins.
Colombo's ASPI closed at a record 23,112.38, up 0.69% (158.99 pts), while the S&P SL20 rose 0.98% to 6,310.26 on turnover over Rs. 6 billion; SFCL, NDB, DOCK, JKH and CTHR were key positive contributors.
Rainco launched 'Be by Rainco', a new fashion-focused umbrella sub-brand priced between Rs.1,499 and Rs.2,999, available at leading retail outlets and online, targeting younger consumers with trend-driven designs.
Consumer Staples (FMCG)
Ada Derana·Nov 7, 2025·Promotional / marketingPositive
DarazMall launches an Authenticity Guarantee with three-times cashback and exclusive brand deals ahead of 11.11, offering over 17 million branded items and delivery in as fast as two days.
Panasonic Ecology Systems obtained an enjoining order from the Commercial High Court of Colombo restraining Zam Zam Electricals and its agents from producing, importing, marketing, selling or otherwise dealing in goods bearing Panasonic’s registered trademarks, including the KDK brand.
Flexiprint Ltd. won the Silver award in the Extra-Large National Manufacturing category at the CNCI Achiever Awards 2025. The company was also named among the Top 10 extra-large manufacturers and highlighted its certifications (FSSC 22000 V6, ISO 14001:2015, PEFC) and export markets.
Sunshine Holdings reported consolidated 1HFY26 revenue of LKR 32.3bn, up 7.4% YoY, and group EBIT rose 18.6% to LKR 5.5bn. Healthcare contributed 53.7% of revenue; agribusiness (Watawala) revenue rose 21.9%, and gross profit margin expanded 153bps to 31.9%.
President Anura Kumara Dissanayake will present the 2026 Budget (second reading of the Appropriation Bill) to Parliament tomorrow (7 Nov). Debates on the second reading run from 8 Nov with votes and committee stages scheduled through 5 Dec, including the second-reading vote on 14 Nov and the third-reading vote on 5 Dec.
Interest RatesRupee & ForexFuel & Energy PricesConstruction Activity
Thirteen labour unions submitted 18 policy-focused proposals for the 2026 Budget calling for labour-law reforms, forensic audits of SOEs (including Sri Lanka Telecom), retention of EPF management at the Central Bank, and a Rs.1 levy-funded social security scheme for gig workers.
IT & DigitalConsumer Staples (FMCG)Tea & Plantation CropsHealthcare & Pharma
Inventive Polymers Lanka Ltd. marked its 7th anniversary, highlighting its SHAKO helmet innovation and an expanded in-house product range (overalls, T-shirts, branded gifts) alongside advanced injection moulding capabilities for domestic and international markets.
Markspen Group launched the GRANIFRIGOR Grain Cooling System in Sri Lanka, a German-made device that cools stored grain below 13°C to reduce post-harvest losses, pests and mould. The energy-efficient unit targets rice, corn and spices and uses low‑impact refrigerants to improve storage quality.
GP Certified has launched GP Labs, Sri Lanka’s first dedicated plastic testing facility, offering comprehensive testing for recycled and virgin plastics to help recyclers, manufacturers and FMCG exporters meet quality and sustainability standards.
PUMA SE obtained four enjoining orders from the Commercial High Court in Colombo against named retailers, prohibiting them and their agents from producing, importing, marketing or selling merchandise bearing PUMA’s trademarks.
The ASPI briefly crossed an all-time high of 23,000 before dipping and closed at 22,953.49, up 0.11% (25.18 points). Turnover topped Rs.4.4bn with net foreign outflows of ~Rs.485.4m and heavy participation in counters including Aitken Spence, Colombo Dockyard, Sunshine and Commercial Bank.
Ritzbury (CBL Foods International) powered the 54th Sir John Tarbat Junior Athletic Championship, which concluded on 3 November at Mahaweli Ground Embilipitiya after three days and featured over 5,500 junior athletes from schools nationwide. Maristella College (Boys) and Lyceum International School, Wattala (Girls) won the overall titles; M.G.D.W. Gamage and N.R. Ekanayake were named Best Boy and Best Girl Athletes.
Finagle Lanka launched its annual Sales Force and Distributor competition themed "Together, Towards Tomorrow" to drive company targets and recognise and reward top performance. Management said the initiative supports collaboration, innovation and the company's local and overseas expansion.
Halal Assessment Council (HAC) won the Gold (National Level – Service Sector, Small) and Top Achiever (Small & Micro) awards at the CNCI Achiever Awards 2025, recognising its performance and role in Halal certification. The awards underline HAC's support for Sri Lankan food & beverage producers' quality and export readiness.
Kumarika held its 'Iyarkai Oliyin Deepawali' celebration at Koneshwaram Kovil in Trincomalee, attended by over 1,000 women with personalized hair analysis, free styling and gift boxes. The event promoted Kumarika's 100% extract-infused haircare range and reinforced community engagement.
KALBE Sri Lanka will offer free diabetes screenings at 42 Cargills Food City outlets in the Western Province from Nov 14–30, 2025, aiming to screen over 12,000 people in November and 100,000 in 12 months. Clinics will provide random glucose tests, education and Diabetasol samples.
The Sri Lanka–Thailand Business Council elected Rizan Nazeer as President and pledged to expand trade and cooperation, highlighting the Feb 2024 FTA that removes tariffs on about 85% of goods and aims to raise bilateral trade from roughly US$350m to over US$1bn. The Council plans to boost private-sector engagement, joint ventures and SME access across agriculture/food processing, health and wellness, tourism, renewable energy and technology.
Global meat prices hit a record in September, with the FAO meat index rising 0.7% for an eighth consecutive monthly gain amid tight US cattle supplies. Higher Brazilian prices, import flows from Australia and pest concerns in Mexico underpinned the rally while other food groups eased.
SPAR Sri Lanka celebrated its 7th anniversary and awarded 22 customers all-expenses-paid trips to Malaysia through a raffle-based birthday campaign. The retailer, operating 11 outlets in the Western and Southern Provinces, ran the promotion to reward loyal shoppers and boost engagement.
The Planters’ Association is urging the government to lift the April 2021 ban on oil palm cultivation, saying Sri Lanka has spent over $175m on edible oil imports since 2021 and that sector investments exceeding Rs.23bn were stranded by the ban.
Nine Sri Lankan beauty companies, including Swadeshi Industrial Works (SWAD.N0000), exhibited at Beautyworld Middle East 2025 in Dubai; Swadeshi reported strong buyer interest and positive business opportunities.
The Planters’ Association says Sri Lanka’s April 2021 ban on oil palm cultivation has forced plantation firms (including Watawala, Namunukula, Elpitiya and Malwatte Valley) into write-offs and contributed to over US$175m in edible oil import costs since 2021.
Opposition leader Sajith Premadasa urged sending onion and potato farmers abroad to learn advanced agricultural techniques. He said continued import protection and proposed protectionist taxes have produced low yields and export-quality issues, keeping domestic prices high.
Headline CCPI inflation rose to 2.1% year-on-year in October 2025 (up from 1.5% in September), food inflation climbed to 3.5% and core inflation edged to 2.2%; the Central Bank expects gradual acceleration toward its 5% target with appropriate policies.
JF Packaging's Rs. 600 million IPO was oversubscribed within hours and closed on its opening day; the issue offered ~51.7 million ordinary voting shares at Rs. 11.60 each and will list on the Main Board. Proceeds will be used to repay selected term and import loans to strengthen the balance sheet and cut finance costs.