Business
Substantial foreign purchasing of Windforce stocks exerts salutary impact on CSE
By Hiran H.Senewiratne
Stock market activities were somewhat dull yesterday but indicated some substantial foreign purchasing in Windforce stocks. On the previous day, Tundra Sustainable Frontier Fund picked up 27.3 million shares of Windforce for Rs. 547 million, further increasing its stake.
Overall, Windforce saw 29.5 million shares change hands for Rs. 590.7 million, accounting for 32 percent of the turnover on the previous day. The block of 27.36 million shares were done at Rs. 20 each via two crossings. The share gained by 20 cents.
Tundra entered Windforce via the IPO and as at March 31, 2024 held 70.5 million shares or a 5.22 percent stake as the fourth largest shareholder. It is likely to have increased the stake to over 7% following yesterday’s purchase.
The seller was one of Windforce founder-shareholders Debug Group. Debug Investments as at the end March held 44.6 million shares of 3.3 percent and Debug Renewable Energy Investment also held 29.4 million shares or 2.18 percent separately. Apart from that Windforce shares were also active, which contributed more than 30 percent to the turnover.
However, the market witnessed uncertainty as many fundamental rights petitions have been filed in the Supreme Court pertaining to the presidential election and that prevents the announcement of the election until the Supreme Court provides its interpretations.
Amid those developments both indices moved downwards. The All Share Price Index went down by 81.15 points while the S and P SL20 declined by 33.96 points. Turnover stood at Rs 1.5 billion with five crossings. Those crossings were reported in Windforce, which crossed 19.6 million shares to the tune of Rs 392 million; its shares traded at Rs 20, Sampath Bank 3 million shares crossed to the tune of Rs 240 million; its shares traded at Rs 80, JKH 550,000 shares crossed for Rs 112 million; its shares sold at Rs 204 million, Alumax 3.3 million shares crossed for Rs 37.3 million; its shares traded at Rs 11.10 and E.B Creasy 1.1 million shares crossed to the tune of Rs 26.4 million, its shares traded at Rs 24.
In the retail market top seven companies that mainly contributed to the turnover were; Hayleys Rs 83.2 million (807,000 shares traded), LVL Energy Rs 75.9 million (16.4 million shares traded), HNB Rs 37.8 million (188,000 shares traded), Browns Investments Rs 34.2 million (5.9 million shares traded), LMF Rs 33.4 million (1.1 million shares traded), Sampath Bank Rs 28.3 million (357,000 share traded) and JKH Rs 21.96 million (106,000 shares traded). During the day 79.2 million share volumes changed hands in 9870 transactions.
Yesterday the rupee opened stronger at Rs 303.00/50 to the US dollar, while bond yields were broadly steady, and stocks opened 0.03 percent up, dealers said.
The rupee closed at Rs 303.10/30 to the greenback on Tuesday. In the secondary market, yields were steady, dealers said. A bond maturing on 15.12.2026 was quoted at 10.80/95 percent, up 10.85/11.00 percent. A bond maturing on 15.03.2028 was quoted at 11.90/12.00 percent. A bond maturing on 15.09.2029 was quoted stable at 12.10/20 percent. A bond maturing on 15.05.2030 was quoted at 12.15/40 percent.
Business
Sri Lanka Tourism makes a strong impression at CMT 2026 in Stuttgart, Germany
Sri Lanka Tourism marked its presence at CMT 2026, held in Stuttgart, Germany, one of the largest consumer travel fairs in Europe. The Sri Lanka Stand accommodated representatives from the local tourism industry, providing a valuable platform to connect directly with the German travel community, particularly travellers with long-haul travel intentions.
Sri Lanka’s participation at CMT 2026 enabled direct engagement with consumers and helped stimulate interest in exploring the country’s diverse and year-round travel experiences. This presence addressed a long-standing need for Sri Lanka Tourism to participate in major consumer-focused travel platforms, effectively taking destination promotion directly to the travellers’ doorstep.
A wide range of travel packages, customised itineraries, accommodation options, and experiential offerings were presented to interested German consumers by Sri Lankan DMCs, under the umbrella of Sri Lanka Tourism. The platform also allowed potential travellers to clarify concerns and queries related to planning travel to Sri Lanka through direct, face-to-face interactions with industry professionals.
These direct engagements enabled Sri Lankan industry participants to gain valuable insights into emerging travel interests, changing consumer behaviour, and evolving customer expectations in the German market. The face-to-face discussions with end consumers strengthened the industry’s understanding of demand trends and product requirements.
Strategically, Sri Lanka Tourism’s focus on B2C promotions serves as a catalyst for strengthening B2B platforms, ensuring that final decision-makers—the travellers—are actively engaged alongside trade partners. This alignment enhances the overall effectiveness of trade collaborations. Well-designed consumer promotion activities, including giveaways, contests, experiential engagements, and cultural performances, created emotional connections with visitors, improved destination recall, and reinforced Sri Lanka’s positioning as a compelling long-haul destination. (Sri Lanka Tourism)
Business
Adora raises the bar for hospital-backed aesthetic care in Wattala
Dr. Piyumini Gunasekara on advanced non surgical treatments
Hemas Hospitals has strengthened its regional healthcare positioning with the launch of Adora Cosmetic Centre at Hemas Hospital Wattala, introducing a hospital-backed, clinically governed model of aesthetic medicine at a time when South Asia’s cosmetic sector is expanding faster than regulation.
Unlike standalone cosmetic clinics, Adora is fully integrated into the Hemas Hospital ecosystem, embedding aesthetic services within hospital-grade infrastructure, multidisciplinary medical support and internationally aligned clinical governance.
Speaking at the launch, Dr. Lakith Peiris, Managing Director of Hemas Hospitals & Labs, said the centre represents a deliberate shift in strategy.
“Adora is not about cosmetic enhancement alone. It is built on protocols, trained clinicians and governance. As healthcare providers scale across the region, safety and medical credibility must remain non-negotiable,” he told The Island Financial Review.
The centre is positioned as a health-class facility, combining advanced aesthetic technologies with evidence-based medical pathways. This approach addresses growing regional concerns over unregulated cosmetic practices, offering patients reassurance through professional oversight and ethical medical standards.
Prabhan Gunawardena, Director General Manager of Hemas Hospital Wattala, said the initiative reflects both clinical responsibility and business foresight.
“The cosmetic industry is evolving rapidly across South Asia. Adora demonstrates how innovation can be scaled responsibly when anchored in medical expertise and hospital governance,” he said.
Detailing the centre’s scope, Dr. Piyumini Gunasekara, Medical Officer – Adora Cosmetic Centre, said treatments are designed to address medical and aesthetic concerns through personalised, evidence-based care.
She told The Island Financial Review:”We offer advanced non-surgical treatments for concerns such as hyperpigmentation, acne and acne scarring, fine lines and wrinkles, collagen loss, enlarged pores, rosacea, UV damage, excessive sweating, warts and moles. Every procedure is clinically assessed and delivered within a hospital-backed framework to ensure safe and sustainable outcomes.”
Clinical governance remains central to operations, reinforced by Dr. Malith Atapattu, Director – Medical Services and Quality, who highlighted the importance of protocol-driven care in a sector often challenged by inconsistent standards.
As Sri Lanka positions itself as a regional healthcare and medical tourism destination, hospital-led aesthetic centres such as Adora signal a broader industry shift—where growth is aligned with governance, trust and long-term sustainability.
For Hemas Hospitals, Adora represents a calculated entry into a high-growth segment without compromising medical integrity. For the region, it underscores a clear message: the future of aesthetic care lies in hospital-backed, clinically governed models—not cosmetic shortcuts.
By Ifham Nizam
Business
John Keells Consumer Foods Sector dominates SLIM National Sales Awards 2025 with landmark wins
The John Keells Consumer Foods Sector (JKCF) has reinforced its standing as a powerhouse in Sri Lanka’s FMCG industry with an exceptional performance at the SLIM National Sales Awards 2025, securing an impressive total of 27 awards. This remarkable achievement reflects the sector’s unwavering commitment to building high-performing teams, nurturing sales excellence, and driving sustained growth across its diverse business verticals.
Representing the iconic brands of Ceylon Cold Stores PLC (CCS), Keells Food Products PLC (KFP), and Colombo Ice Company (CICL), JKCF has long been recognized for its rich legacy of innovation and leadership in beverages, frozen confectionery, and processed foods. Its long-standing focus on people capability and performance culture continues to fuel industry-leading achievements, with the latest recognition at SLIM NSA 2025 marking one of the largest collective wins by a single organization in the event’s history.
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