Company filings and market news from across Sri Lanka's stock market.
Sri Lanka's services PMI rose to 58.5 in June 2026 (from 56.9 in May), with growth driven by financial and professional services and gains in insurance. Employment and new business increased and firms expect stronger activity into the next quarter aided by tourism, though global uncertainties remain a risk.
Port City Colombo, a $15 billion SEZ, is placing India at the centre of its growth plan and aims to double annual Indian tourist arrivals to about 1.2 million by 2030. The development will add new attractions, convention facilities, duty-free retail and target Indian IT/GCCs as business tenants.
Colombo Municipal Council cut the Entertainment Tax — including local concerts from 12% to 7% — under the CMC's 2026 budget (Gazette issued) to support the creative industry. The mayor urged event organisers to pass savings to consumers by lowering ticket prices.
PMI: Manufacturing at 53.0 and Services at 58.5 in June 2026, indicating continued expansion in both sectors. Manufacturing growth slowed with production led by food & beverages and firms citing labour shortages and longer supplier delivery times; services expansion was driven by financial/professional services and insurance, with tourism expected to boost activity.
Government launched the nationwide 'Ceylon Tea Village' program to transform smallholder tea production and lift annual output to 400m kg and tea export earnings to $2.5bn by 2030, starting with 144 tea villages. The program includes nurseries, mechanisation, insurance, pensions, concessional finance, value‑addition and links to tourism.
THASL CEO Priantha Fernando urges Sri Lanka to pivot from mass tourism to high-value experiential travel—targeting India and China—and backs a revised 2026 target of about 2.5 million arrivals and $3.5 billion in earnings. He calls for stronger destination marketing, MICE/wellness/sports focus, digital integration and restored airline capacity.
Vietjet Air held high-level talks with the Civil Aviation Authority of Sri Lanka to prepare for the airline's upcoming launch and to strengthen aviation connectivity between Sri Lanka and Vietnam.
Bandaranaike International Airport handled 4,748,481 passenger movements in the first six months of 2026. The airport also recorded 30,659 aircraft movements, 424,856 transit passengers and 1.14 million tourist arrivals (down 1.8% year‑on‑year).
Sri Lanka's Manufacturing PMI was 53 in June and the Services PMI 58.5, indicating continued expansion while manufacturing slowed from May; outlook for both sectors remains positive but downside risks persist from the Middle East conflict and global uncertainties.
Citrus Leisure (REEF.N0000) has partnered with RateGain to deploy the UNO Direct Stack across its hotel portfolio to boost direct bookings, improve conversion and increase direct revenue.
HNB PLC awarded an HNB Visa Club Infinite cardholder a fully paid experience for two to the FIFA World Cup 2026 Final, selected via a raffle among cardholders who met the promotion's minimum spend requirement.
CAHM students won multiple top prizes at the 31st National Bartenders Competition and Dainties 2026, with Anurasi Chandrasoma winning the Hotel School Category and the Cocktail VTA and CAHM sweeping the top three places in the Cocktail VTA. Dishala Gunawardhana won the Mocktail VTA and students also placed in culinary categories.
BrandRadar (Roar Global) released "The State of AI Visibility in Sri Lanka 2026", a three-month study of 198 brands across six industries showing editorial authority and third-party citations strongly predict AI visibility. The report finds Toyota and BYD scored above 89 across platforms while some brands (e.g., Ceylinco General Insurance) show large visibility variance between AI systems.
Ceylinco Life hosted over 1,000 policyholders and family members—more than 270 families—from across Sri Lanka at Pearl Bay as part of its 'Family Savari' promotion, providing complimentary entry, meals and transport with sponsored overnight stays for long-distance guests. The event is part of the long-running loyalty programme serving tens of thousands of policyholders over nearly two decades.
MAC Hotels and Villas (a subsidiary of MAC Holdings Pvt Ltd) acquired Serene Pavilions and in January 2026 reopened it after refurbishment and rebranding as CLOVE Beach – Wadduwa, a 15-room luxury boutique hotel in Wadduwa.
Serendib Hotels PLC appointed banking veteran Janakan Selvaratnam as an Independent Director. He has 25 years at Citibank Sri Lanka, consults to Sampath Bank's Board Credit Committee, and serves on the boards of Eden Hotel Lanka and Palm Garden Hotels.
A three-night luxury destination wedding for 600 guests at Cinnamon Bentota Beach showcased Sri Lanka's capacity to host international high-end weddings. The event highlighted economic opportunities for hospitality, event production, catering, transport and other local service providers.
FitsAir renewed its partnership with the Lanka Premier League as the Official Airline Partner for the 2026 season. The tie-up is intended to support tourism by attracting international players, travelling fans and global broadcast audiences.
NÜWA at City of Dreams Sri Lanka celebrates its first anniversary and has been awarded a Five-Star Classification by the Sri Lanka Tourism Development Authority, marking the 113-room hotel as a flagship luxury property in Colombo.
Ceylinco Life hosted over 1,000 policyholders and family members at Pearl Bay under its 'Family Savari' loyalty promotion, providing complimentary entry, meals and transport (including accommodation for long-distance attendees).
Emirates has completed retrofits on 100 aircraft (47 A380s, 53 Boeing 777s) since November 2022 as part of the largest-known airline retrofit programme. The US$5 billion initiative — now past the halfway point toward 219 aircraft — has added 3,800+ Premium Economy seats and will roll out 4K seatback screens and new Safran Z400 seats from Oct 2026.
Maga Engineering Ltd. was awarded a Rs.4.99 billion contract to construct the 2.32 km Warakapola bypass and a $7.26 million (Rs.2.4 billion) contract to expand the Bandaranaike International Airport departure terminal.
Outgoing Swedish Ambassador Jan Thesleff said he is optimistic about Sri Lanka's recovery and rising investor confidence, noting about 80 Swedish companies operate in Sri Lanka. He highlighted opportunities in ICT, apparel exports, renewable energy, healthcare and tourism, and cited Port City progress and the need for direct flights.
Dividend · Rs 0.20 · XD Aug 10, 2026
First And Final dividend of LKR 0.2/share; XD 2026-08-10; record 2026-08-11; payable 2026-08-31; FY 31st March 2026
Sri Lanka's tourism crossed the 1.2 million visitor milestone in early July after 71,383 arrivals during July 1–12, though YTD arrivals remain 2% below 2025. India is the largest source market and China has overtaken Russia as the third-largest source for 2026.
Emirates is offering a seasonal strawberry menu on Dubai–UK flights from 13–31 July with strawberry desserts across all cabin classes. Emirates SkyCargo has transported more than 230 tonnes of British strawberries to the UAE since March 2026, partly sourced from Bustanica vertical farm.
Vietjet will launch direct Colombo–Ho Chi Minh City flights on 18 August 2026. The airline was also named among HR Asia’s Best Companies to Work For in Asia and won an HR Asia DE&I Award ahead of the route launch.
Sri Lanka promoted luxury tourism at ILTM Asia Pacific 2026 in Singapore, showcasing a Sri Lanka pavilion and holding business meetings with international luxury travel buyers; 15 companies participated, including Ceylon Roots (LOLC Holdings PLC).
Sri Lanka's High Commission in the UK held a roundtable on 3 July with the SLUKCC and UK officials to strengthen bilateral economic ties and promote Sri Lanka EXPO 2027 in Colombo. Discussions covered macroeconomic reforms, trade and tourism, the UK's DCTS, education partnerships, technology investment and a planned Business Forum in September.
Mastercard is the Title Partner for the Data Privacy and Protection Summit 2026, scheduled for 23 July at Cinnamon Grand Colombo. With PDPA enforcement imminent, the summit will focus on data governance, AI-related risks and compliance issues relevant to hotel operators and other businesses.