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Expolanka Holdings-linked share transaction boosts foreign inflows

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By Hiran H. Senewiratne

The CSE fell 0.24 per cent in mid-morning trade yesterday while mixed reactions were noted in both indices due to profit- takings by investors. However, net foreign inflows reported year to date were more than Rs 5.7 billion. The company with the largest market capitalization, Expolanka Holdings, saw the bulk of its shares being bought by its main shareholder S.G Holdings, which was a foreign entity, and this was the reason for increasing foreign inflows to the market, stock market analysts said. The main All- Share Price Index edged down 11.3 points and the S and P SL20 rose by 1.2 points.

Turnover stood at Rs 5.3 billion with four crossings. Those crossings were reported in Expolanka Holdings, which crossed 7.5 million shares to the tune of Rs 1.7 billion, its shares traded at Rs 230, Royal Ceramic four million shares crossed to the tune of Rs 160 million and its shares traded at Rs 40.10, Citizens Development Business Finance 660,000 shares crossed to the tune of Rs 130 million, its shares fetched Rs 200 and Melstacorp 500,000 shares crossed to the tune of Rs 28.7 million, its shares fetched Rs 57.50.

In the retail market top seven companies that mainly contributed to the turnover were Lanka IOC Rs 292 million (1.1 million shares traded), ACL Cables Rs 275.8 million (1.9 million shares traded), Expolanka Holdings Rs 275 million (1.2 million shares traded), Royal Ceramic Rs 193 million (4.7 million shares traded), Lankem Development Rs 191 million (1.7 million shares traded), JKH Rs 185 million (1.2 million shares traded) and First Capital Holdings Rs 164 million (11.3 million shares traded). During the day 136 million share volumes changed hands in 37000 share transactions.

During the day Manufacturing sector share prices appreciated and the Lanka IOC share price also appreciated because a much awaited petroleum price revision did not take place the previous night. It is said high net worth and institutional investor participation was noted in Expolanka Holdings, Sampath Bank and Richard Pieris & Company. Mixed interest was observed in JKH, Lanka IOC and ACL Cables, while retail interest was noted in SMB Leasing, HNB Finance and Browns Investments.

The Capital Goods sector was the top contributor to market turnover (due to JKH and ACL Cables), while the sector index gained 4 per cent. The share price of JKH gained Rs. 12 (8.63 per cent) to close at Rs. 151. The share price of ACL Cables appreciated by Rs. 8.50 (10.66 per cent) to close at Rs. 88.20.The Transportation sector was the second highest contributor to the market turnover (due to Expolanka Holdings), while the sector index decreased by 0.33 per cent. The share price of Expolanka Holdings decreased by 75 cents (0.33 per cent) to close at Rs. 226.25.

Lanka IOC and Sampath Bank were also included amongst the top turnover contributors. The share price of Lanka IOC moved down by Rs. 5 (1.90 per cent) to close at Rs 257.75. The share price of Sampath Bank recorded a gain of Rs. 4.30 (11.81 per cent) to close at Rs 40.70.Separately, Kelani Valley Plantations announced a first interim cash dividend of Rs. 2.50 per share.Yesterday, the Central Bank announced the US dollar buying rate as Rs 358.94 and selling rate as Rs 369.91. Data showed that commercial banks offered dollars for telegraphic transfers at between Rs 369.45 and Rs 370 for small transactions.



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SLTDA launches NTSP campaign to elevate national tourism quality and standards

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Tourism top officials at Ella programme launch.

by Claude Gunasekera

The Sri Lanka Tourism Development Authority (SLTDA) officially launched its nationwide capacity-building campaign, “Grow your Tourism Business with National Tourism Skilling Programme (NTSP),” August 31, from the scenic regional hub of Ella. Directed under the leadership of the Tourism Deputy Minister, Prof. Ruwan Ranasinghe, the comprehensive initiative aims to transform micro, small, and medium enterprises (MSMEs) by accelerating their digital readiness and business formalization across the local hospitality ecosystem.

The entire islandwide operation is under the direct coordination of Ms. Tharanga Rupasinghe, the SLTDA Director of Standards and Quality Assurance, ensuring that all rural operators align seamlessly with international hospitality standards. By utilizing the framework of the NTSP, the campaign focuses on delivering essential digital payment tools, modern online marketing insights, and compliance frameworks directly to village-level enterprises, handcraft artisans, and independent tour operators. Speaking at the launch event in Ella, Tourism Deputy Minister Prof. Ruwan Ranasinghe emphasised that sustainable growth in the travel sector relies heavily on empowering smaller stakeholders to become resilient, data-driven participants in the modern market. “True economic resilience in our tourism sector cannot be achieved through large-scale infrastructure alone, but must be built from the ground up by transforming our local communities and regional MSMEs into direct, digitally enabled beneficiaries of global travel traffic,” Prof. Ranasinghe noted. Through this synchronized, localized training approach, the SLTDA intends to systematically protect cultural heritage while elevating the service quality benchmarks of regional travel hotspots nationwide.

Regional hospitality groups, led by the Ella Tourism Association, have strongly welcomed the launch of the SLTDA national skilling campaign, calling it a vital step toward safeguarding the destination’s international reputation. Local operators noted that rapid commercial growth in the Uva Province has highlighted an urgent need for structural standardization, making the arrival of the National Tourism Skilling Programme (NTSP) highly timely. The grassroots response focused heavily on the benefits of formalization and digital integration for the region’s diverse service sector. The Ella Homestay Owners Collective praised the focus on digital payment tools, noting that transition support will help smaller vendors capture direct bookings and reduce their reliance on third-party booking commissions.

The Uva Tuk-Tuk and Adventure Guides Association highlighted that the safety and compliance training will build trust with high-spending international travelers, effectively raising service quality benchmarks across the town. Local association leaders emphasized that having Ms. Tharanga Rupasinghe, SLTDA Director of Standards and Quality Assurance, directly coordinate the field training ensures the program addresses practical, local challenges rather than just theoretical rules. Following the initial rollout, regional committees have pledged to work alongside the SLTDA to ensure that even the smallest village artisans and micro-enterprises achieve official registration, positioning Ella as a model hub for high-quality, community-driven sustainable tourism.

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Sri Lanka–Indonesia Business Council holds 3rd Annual General Meeting

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Newly Appointed Executive Committee of SLIBC for the year 2026/2027

The Sri Lanka–Indonesia Business Council of The Ceylon Chamber of Commerce held its 3rd Annual General Meeting recently, bringing together Council members and key stakeholders to review the Council’s activities and priorities for the year ahead. The AGM was graced by Dewi Gustina Tobing, Ambassador of Indonesia to Sri Lanka and Patron of the Council

Delivering her address, Dewi Gustina Tobing, Ambassador of Indonesia to Sri Lanka, provided a comprehensive overview of Indonesia’s political and economic landscape, highlighting the country’s focus on promoting economic independence, strengthening sectoral resilience, improving public welfare, and facilitating both inbound and outbound investment.

Re-elected as President of the Council for 2026/27, Sheamalee Wickramasingha, Chairman / Group Managing Director of Ceylon Biscuits Ltd. acknowledged the instrumental role played by the Ambassador in the re-establishment of the Council and reflected on the Council’s key achievements during the past year. She highlighted the successful Sri Lanka–Indonesia Business Delegation to Indonesia, which provided valuable opportunities for Sri Lankan businesses to engage with Indonesian counterparts and explore avenues for commercial cooperation.

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LAUGFS Supermarkets opens 46th outlet in Kotahena

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LAUGFS Supermarkets has further strengthened its growing retail presence with the opening of its 46th outlet at No. 78, K.B. Christy Perera Mawatha, Kotahena. The new outlet operates 24 hours a day, offering customers a wide range of products together with bakery and hot food options, providing greater convenience and accessibility to the surrounding community.

The new Kotahena outlet further expands LAUGFS Supermarkets’ growing network and reflects the Group’s continued focus on strengthening its presence in strategic locations across the country. The opening ceremony was attended by the Group Chairman, Group Executive Vice Chairman, Acting Group Managing Director/Group Executive Director and senior management.

Commenting on the opening, the Sector Managing Director/CEO – Retail, Niroshan De Silva, said, “The opening of our 46th outlet reflects the dedication, teamwork and determination of our people, who have worked exceptionally hard to bring this outlet together. The new Kotahena outlet is designed to offer customers greater convenience, with an inbuilt bakery and hot food facility that provides freshly prepared food alongside our wide range of products, all under one roof. Our focus is to ensure that every LAUGFS Supermarket operates to the highest standards and consistently delivers quality, convenience and service excellence to our customers.”

The opening of the Kotahena outlet marks another significant milestone in LAUGFS Supermarkets’ ongoing expansion, bringing its products and services closer to more customers while further enhancing its 24-hour retail offering. With its growing network of outlets and continued focus on customer convenience and service excellence, LAUGFS Supermarkets remains committed to strengthening its presence and creating greater value for customers across Sri Lanka.

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