Business
Stock investors continue to agonize over debt restructuring timeline
By Hiran H. Senewiratne
The stock market yesterday too was marginally down as local and foreign investors continue to worry over the conclusion of the external debt restructuring process, which was scheduled to be completed before the end of this month. However, since it has been postponed until next year, investors continue to agonize over the timeline, market analysts said.
Further, investors are also awaiting IMF comments on the Sri Lanka economy which are to be made towards the end of this week. ‘This matter has created some confusion for every citizen in the country, analysts added.
Turnover stood at Rs 7 billion with nine crossings. Those crossings were reported in DFCC, which crossed 42.4 million shares to the tune of Rs 3.5 billion; its shares traded at Rs 85, Citizens Development Finance 2 million shares crossed for Rs. 496 million; its shares traded at Rs 248, JKH 6.3 million shares crossed to the tune of Rs 126 million and its shares traded at Rs 19.90, Sampath Bank 880,000 shares crossed to the tune of Rs 83.4 million; its shares sold at Rs 98.90, Commercial Bank 365,000 shares crossed to the tune of Rs 45 million; its shares traded at Rs 123.50, Melstacope 219,000 shares crossed to the tune of Rs 23.6 million; its shares traded at Rs 108, Hayleys Fabrics 455,000 shares crossed for Rs 22.2 million and its shares sold at Rs 48.80, Access Engineering 814,000 shares crossed to the tune of Rs 22 million; its shares fetched Rs 21 and Dipped Products 525,000 shares crossed to the tune of Rs 21 million; its shares sold at Rs 40.
In the retail market companies that mainly contributed to the turnover were; JKH Rs 464 million (23.1 million shares traded), Sampath Bank Rs 283 million (2.9 million shares traded), Commercial Bank Rs 175 million (1.4 million shares traded), Access Engineering Rs 114 million (4.2 million shares traded), DFCC Rs 88 million (1 million shares traded) and HNB Rs 73.9 million (324,000 shares traded). During the day 161 million share volumes changed hands in 18000 transactions.
It is said that the banking and financial sector was the largest contributor to the turnover, especially with DFCC Bank crossings and retail trading surpassing more than 50 percent of the turnover. During the day the banking sector performed well, especially Citizens Development Finance.
The manufacturing sector became the second largest contributor to the turnover and JKH was the main entity which contributed to yesterday’s turnover.
The rupee opened weaker at Rs 291.05/15 to the US dollar from 290.95/291.10 to the US dollar on the previous day, dealers said, while bond yields were stable.
A bond maturing on 15.12.2026 was quoted at 10.20/25 percent, down from 10.10/20 percent. A bond maturing on 15.12.2027 was quoted at 10.80/90 percent, down from 10.75/85 percent. A bond maturing on 15.02.2028 was quoted at 11.05/10 percent, down from 11.00/10 percent. A bond maturing on 15.09.2029 was quoted at 11.35/45 percent, down from 11.25/40 percent.
Business
UN Global Compact Network Sri Lanka mobilizes business to lead with purpose
As businesses navigate an increasingly complex operating environment shaped by workforce transformation, evolving stakeholder expectations, technological disruption and shifting market demands, strengthening performance requires more than new strategies. It requires new ways of thinking, leading, and collaborating.
It was against this backdrop that UN Global Compact Network Sri Lanka convened CATALYZE 2026: Social, bringing together business leaders, sustainability practitioners, policymakers, development partners and industry experts to mobilize collective action and equip businesses with the knowledge, partnerships and practical approaches needed to strengthen performance through responsible business.
More than a forum for dialogue, CATALYZE 2026 was designed to help businesses think differently about performance. It reinforced that long-term success is increasingly shaped by how organizations lead, uphold human rights, foster inclusive workplaces, strengthen ethical governance, and build cultures that enable innovation, resilience and trust. Responsible business is no longer separate from business performance — it is fundamental to it.
Aligned with the UN Global Compact’s 2026–2030 Global Strategy, the Forum reflected its three strategic pillars — Equip, Catalyze and Advance — by strengthening business capability, fostering collaboration and mobilizing leadership to accelerate progress on social sustainability.
UN Global Compact Network Sri Lanka’s approach to social sustainability centres on driving this change — recognizing that meaningful progress comes not only through policies and commitments, but through the everyday decisions, leadership behaviours and organizational cultures that shape how businesses operate. CATALYZE 2026: Social encouraged participants to move beyond intention towards implementation, embedding responsible business practices into strategy, governance and organizational culture.
Opening the CATALYZE 2026: Social, Rathika de Silva, Executive Director of UN Global Compact Network Sri Lanka, spoke to the role of responsible business leadership in strengthening Sri Lanka’s global competitiveness:
“Sri Lanka has the workforce, resilience, and opportunity to compete not by being the cheapest producer, but by becoming the most trusted. As global expectations evolve, compliance is no longer simply a cost of doing business — it is the foundation of market access, and the decisions we make today will determine how strongly we compete in the markets of the future.”
The Forum featured keynote addresses, leadership dialogues and technical sessions on the issues shaping the future of business, including business integrity and anti-corruption, human rights, neurodiversity and inclusive workplaces, artificial intelligence and the future of jobs, the Women’s Empowerment Principles (WEPs), responsible sustainability communications, and workforce resilience. Together, these discussions highlighted how responsible leadership, inclusive practices, and strong governance contribute to organizational resilience, innovation, and long-term performance.
Business
A regional conversation on the future of English language teaching
Free British Council online conference brings together leading educators from across South Asia to explore how creativity, inclusion and technology can help prepare learners for a rapidly changing world
The British Council has announced the South Asia TeachingEnglish Online Conference 2026, a free three-day event that will convene educators, researchers and teacher educators from across the region to examine one of the most pressing questions facing education today: how can schools equip learners with the creativity, adaptability and communication skills needed to thrive in an increasingly complex world?
Taking place from 23–25 July 2026, the online conference comes at a time when education systems across South Asia are grappling with the challenge of balancing curriculum demands, assessment pressures and evolving learner needs. While English remains a critical gateway to academic and professional opportunities, educators are increasingly seeking approaches that move beyond language acquisition alone to foster critical thinking, collaboration, learner agency and participation.
Business
The Ceylon Chamber convenes dialogue on energy security and standards for Sri Lanka’s energy transition
The Ceylon Chamber of Commerce recently hosted a discussion titled “Energy Transition in Sri Lanka: Strategic Insights from Global Markets”, bringing together representatives from the public and private sectors, industry experts, academics, and other stakeholders to examine the opportunities and challenges associated with Sri Lanka’s evolving energy landscape.
Held at a time when countries around the world are accelerating their transition towards cleaner, more resilient, and technology-driven energy systems, the event provided a timely platform to examine renewable energy not only as an environmental priority but as a strategic pillar of national energy security, with implications for economic growth and long-term competitiveness. The discussion also considered the increasing importance of reliable energy infrastructure in meeting the growing demands of digital transformation, including emerging technologies such as artificial intelligence, electric mobility, and data centres.
The programme covered a wide range of topics relevant to Sri Lanka’s energy future, including renewable energy development, energy security, regulatory and policy frameworks, electricity sector reforms, energy storage systems, grid modernization, investment and financing considerations, and international experiences in energy transition. Particular attention was given to the need for creating an enabling environment that supports innovation, attracts investment, including the technical and safety standards required to protect consumers and businesses as storage and solar adoption scales nationally.
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