Company filings and market news from across Sri Lanka's stock market.
Sri Lanka and Türkiye held their second political consultations in Ankara on May 5, focusing on defence and security cooperation and exploring expanded investments and joint ventures in pharmaceuticals, renewable energy, tourism, logistics and technology. They also discussed connectivity, maritime cooperation and education links.
The Government's proposal to ban e-cigarettes and vaping devices in Sri Lanka has drawn ire from the tourism industry, which says the move could deter vape-using visitors. The industry noted tourism grew 15% to 2.36M in 2025 and cited high vaping rates in key source markets such as the UK and Europe.
IIHS and Akutagawa HRM launched the Japanese Care Professional Programme to train Sri Lankan youth for healthcare jobs in Japan, with starting salaries of about LKR 450,000/month and potential earnings exceeding LKR 5.4 million within five years. The programme uses Japan's SSW visa pathway, includes a four-year progression with language and cultural training, employer-supported benefits, and financing options such as through NSB.
360 Skin Clinic & 360 Aesthetics (360 Wellness Centre Pvt Ltd) received SLSI ISO 9001:2015 certification, recognising it has implemented an ISO 9001:2015 quality management system covering its medical, cosmetic and wellness services.
NCINGA won the 2026 Google Cloud Partner of the Year Award for Social Impact: Community Empowerment and Resilience. The firm says it leverages Google Cloud and Google AI for digital inclusion, education, healthcare and renewable energy transition programs and directs 10% of net profits to its Foundation of Humanity.
Sri Lanka and the Maldives pledged deeper economic cooperation at the Maldives–Sri Lanka Business Forum in Colombo, with Maldives announcing investment‑friendly reforms and leaders urging expansion of bilateral trade (US$137m in 2025), tourism, infrastructure and sector partnerships.
Sri Lanka may face medicine shortages as industry bodies warn NMRA has not allowed upward price revisions despite a 5.6% rupee depreciation over six months. The country imports about US$667m of drugs (≈85% of the market) and costs have risen up to 25% per stakeholders.
ASPI rose 0.65% (145.47 pts) to 22,695.00 while the S&P SL20 gained 0.6% to 6,244.64. Market turnover exceeded Rs. 4.8bn with Ceylon Tobacco Company dominating turnover (Rs. 2.4bn) even as foreign investors were net sellers, extending YTD foreign outflows to Rs. 27.6bn.
Manipal Hospitals announced the first-ever couple open-water swim from Talaimannar, Sri Lanka to Dhanushkodi, India — a roughly 32 km crossing by Danish Abdi and Vrushali Prasade scheduled for May 6, 2026. Manipal said it will provide clinical support and frame the event as reinforcing India–Sri Lanka health-connect and wellness ties.
MillenniumIT ESP appointed Harendra Samarasinghe as CEO; he brings 20+ years in global technology and will lead the firm's transformation and global growth, with emphasis on cloud, AI and enterprise solutions for banking, travel and healthcare.
Seylan Bank PLC marked the first anniversary of its Make-A-Wish Sri Lanka partnership on 29 April 2026, with employees contributing LKR 10 million as the Official Banking Partner. The bank's Islamic Banking Unit also provided medication, transport and patient welfare support as the programme celebrated over 150 wishes granted and 70 more approved.
Sri Lanka's Consumer Sentiment Index fell 16 points in March to 70, the lowest since June 2024 and the steepest monthly drop since Jan 2021. The decline reflects rising cost of living, energy and fuel concerns, heatwave risks to utilities, and trade-union action including a GMOA strike.
KALBE hosted the Diabetasol High Tea on 27 March 2026 at Cinnamon Life, Colombo, bringing together 50 loyal customers and media. The event featured an expert panel on nutrition and mental health, a live cooking demo and dance therapy to promote balanced living for people with diabetes.
Colombo market closed in the green for a fourth straight session as the ASPI rose 0.07% to 22,635 and the S&P SL20 gained 0.18% to 6,241.01; turnover was about Rs.4.2bn and foreign investors were net sellers of Rs.332.5m. CINS, BREW and JKH were among top contributors while diversified financials and banks led turnover.
The LMD-Peppercube Business Confidence Index fell 11 basis points to 171 in February (from 182 in January), signalling a renewed drop in corporate optimism. The decline follows improved CPI rankings, rising public-health concerns (daily cancer cases, Nipah vigilance), a 0.2% dip in reserves and cyclone disruptions.
La Serena, a beachfront retirement resort owned by Serene Resorts (a subsidiary of Ceylinco Life Insurance), held Avurudu celebrations for its community of 30 residents across 26 units, highlighting assisted-living amenities and communal activities.
Softlogic Life has partnered with Dialog Axiata's Doc990 to introduce a fully cashless, real-time OPD claims facility for its corporate health and life insurance clients, with eligible users receiving a 35% discount on Doc990 channeling fees. Claims are processed instantly at point of care, removing reimbursement paperwork and upfront payments.
China's Global Security Initiative (GSI), proposed in 2022, has been cited in over 140 international documents and endorsed by more than 130 countries by 2026, highlighting priorities such as information/cyber security, AI governance and bio-security. It calls for strengthening the UN's role, peaceful settlement and multilateral cooperation among its 20 listed priorities.
Softlogic Life Insurance PLC has partnered with Pan Asia Bank to offer Pan Asia Privilege Banking customers international health insurance reinsured by AXA, with annual limits of $100,000–$10m and access to over 1.9 million medical providers worldwide.
Census 2024: elderly share rises to 18% while total fertility falls to 1.3, signaling rapid ageing and a narrowing future workforce. Labour force participation is 47.3% (52.7% inactive) and NCD prevalence is 19.2%, raising long-term health, pension and housing pressures.
ILO Country Director Joni Simpson said unpaid care work is a social-justice issue and a constraint on Sri Lanka's inclusive growth, urging investment and policy reform in the care economy. She noted demographics driving demand — about 18% aged 60+, children ~21%, median age ~35 — and launched the South-4-Care Learning Hub.
The Colombo market closed lower as the ASPI fell 0.32% (73.23 pts) to 22,566.58, with foreign investors a thin net buyer of Rs. 3.4m. Top negatives included Bukit Darah, Ceylon Beverage, RIL Property and Sampath; turnover was led by food & beverage while Ceylon Cold Stores and Nawaloka gained and Access Engineering and Softlogic Capital fell.
IRCSL and the Insurance Association launched a national Insurance Industry Development Roadmap to double penetration by 2030 and triple it by 2035, proposing mandatory home insurance and government-backed schemes. The plan also includes a digital motor insurance card, e-KYC, bancassurance and capital/reinsurance initiatives.
World Bank says unpaid care work is holding back women's economic participation in Sri Lanka, with female labour force participation stuck at 31–35% and women aged 25–49 2.6 times more likely to be unemployed; it identifies the care economy (childcare/elder care) as both a constraint and a growth opportunity.
Colombo stocks rose 0.25% as foreign investors turned net buyers after a 21-session selling streak, recording a net inflow of Rs. 19.8 million and lifting the ASPI 55.45 points to 22,625.48. Top contributors included CINS, BUKI, CFIN, MELS and NHL, while consumer services led turnover and oil price moderation supported sentiment.
EPF payouts leave most private-sector professionals with only a few thousand rupees a month at retirement, and Ceylinco Life urges use of structured retirement/insurance products to bridge the gap amid rising living and healthcare costs.
SLCPI has called for urgent action to prevent looming medicine shortages in Sri Lanka. It said rising fuel (+38%) and freight (+40%) costs, API/input price increases (up to 70%), rupee depreciation and import‑licence/pricing delays are disrupting pharmaceutical imports and supply continuity.
Shirantha Peries announced his candidacy for president of the National Olympic Committee of Sri Lanka on 20 April, outlining a reform mandate to strengthen governance, unite federations and boost athlete development. Peries is a businessman and owner of Mega Pharma Group (annual turnover > Rs. 6 billion) and currently serves as NOC Vice President.