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Unisyst Engineering to de-list from CSE at exit offer price of Rs. 6 per share

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By Hiran H.Senewiratne

Unisyst Engineering PLC, a subsidiary of the Hayleys Group, has announced it would be delisting from the CSE.

‘The Securities and Exchange Commission has granted their approval to delist the shares of Unisyst Engineering from the Official List of the CSE, at an exit offer price of Rs.6 per share, a CSE source said. The company said an offer letter will be sent to the shareholders shortly.

Formerly Alufab PLC, Unisyst Engineering is an aluminium supplier in Sri Lanka. The company’s revenue increased by 38 percent to Rs 784 million during the last financial year, according to sources: “Unisyst Engineering PLC will continue to leverage the strengths of its partnership with Hayleys Advantis as it seeks to drive increased penetration in selected customer segments, they said.

Amid those developments the CSE was volatile due to worries among investors over the on-going tension between Iran and Israel in the West Asian region because Iran is a leading buyer of Sri Lankan tea. Profit- takings were also notable in the market, market analysts said.

Both indices moved downwards. THe All Share Price Index went down by 26.9 points while S and P SL20 declined by 6.77 points. Turnover stood Rs 2.5 billion with five crossings. Those crossings were reported in Melstacope, which crossed 3.5 million shares to the tune of Rs 315 million; its shares traded at Rs 90, HNB 1.4 million shares crossed for Rs 285 million; its shares sold at Rs 200, Hayleys Fabrics 1 million shares crossed for Rs 41 million and its shares traded at Rs 41, Lanka IOC 200,000 shares crossed to the tune of Rs 25 million and its shares traded at Rs 125 and Vallibel One 396,000 shares crossed for Rs 21.5 million; its shares fetched Rs 54.30.

In the retail market top seven companies that mainly contributed to the turnover were; LOLC Finance Rs 162 million (27 million shares traded), Lanka IOC Rs 126 million (1 million shares traded), HNB Rs 122 million (606,000 shares traded), Ambeon Capital Rs 109 million (9.6 million shares traded), LOLC Holdings Rs 106 million (250,000 shares traded), Browns Investments Rs 86 million (15.1 million shares traded) and JKH Rs 85.5 million (424,000 shares traded). During the day 111.9 million share volumes changed hands in 17000 transactions.

Yesterday, the rupee opened at 298.40/60 to the US dollar in the spot forex market, from 298.50/55 on Wednesday, dealers said, while bond yields were steady. A bond maturing on 15.12.2026 was quoted stable at 11.30/35 percent. A bond maturing on 15.09.2027 was quoted stable at 11.90/12.00 percent. A bond maturing on 15.12.2028 was quoted at 12.10/18 percent, up from 12.10/15 percent.



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Financial literacy central to country’s development – CBSL Governor

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Dr. Nandalal Weerasinghe: ‘Financial literacy vital’.

By Hiran H. Senewiratne

Sri Lanka’s financial literacy rate is approximately 58 percent. Such literacy is absolutely necessary for the inclusion of people in the country’s financial system which in turn is central to overall economic development, Central Bank Governor Dr. Nandalal Weerasinghe said.

‘One needs to have knowledge and skills of a financial nature to figure in financial inclusiveness. While 86 percent of Sri Lanka’s population has access to the country’s financial system, 82 percent of the public has at least a savings account in the country’s banking system, Dr Weerasinghe said.

The Governor made these comments recently at the inauguration of Financial Literacy Month 2026 at the Central Bank’s Centre for Banking Studies, Rajagiriya.

Dr. Weerasinghe added: ‘Suitable, affordable and quality financial instruments are needed to enhance financial literacy in the country.

‘Financial information has to be accurate, risk-free and accountable, thus creating confidentiality in the financial system, which would enable the sector to reach greater heights’.

Meanwhile CBSL sources said: ‘The Literacy Month opened with the two-day ‘FinLit Expo Colombo’. The expo gives the public the opportunity to engage with institutions, better understand financial services, gain practical insights into managing their finances and learn how to protect themselves from financial fraud and scams.

‘The CBSL is leading the program in collaboration with stakeholder institutions. It forms part of the Financial Literacy Roadmap for Sri Lanka, which is implemented under the National Financial Inclusion Strategy (NFIS), the national framework for widening access to and use of formal financial services.

‘The Colombo event will be followed by six regional ‘FinLit Expos’ aimed at direct engagement with local communities. Partner institutions will also run awareness activities. Together, the events are intended to provide financial education to communities and encourage people to apply financial knowledge in everyday life.

‘A public awareness campaign on television, radio, newspapers and social media will extend the program’s reach. The program also includes digital financial literacy activities and the promotion of QR codes and other online payment methods.

‘The public and stakeholder institutions are encouraged to take part in the month’s activities under the theme, “Towards a Financially Literate Sri Lanka”.

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HUTCH strikes five awards as the only telco honoured at SLIM DIGIS 2.6

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HUTCH Sri Lanka strengthened its position as a leader in digital engagement by securing five accolades at SLIM Digis 2.6, emerging as one of the most recognized brands at this year’s digital excellence awards. The achievement was further highlighted by HUTCH being the only telecom operator to be recognized at the event.

Organized by the Sri Lanka Institute of Marketing (SLIM), SLIM Digis is Sri Lanka’s premier platform celebrating excellence, innovation, and outstanding achievements in the digital marketing industry. The recognition highlights HUTCH’s growing strength in digital-first, agile, and creative marketing, and its ability to respond to everyday moments, engage audiences, and deliver impactful digital campaigns.

The Gold Award for Best Use of Agile and Moment Marketing, a Silver for Best Use of Digital in a Marketing Campaign, and a Bronze for Best Performance Marketing were all awarded for “Keeping Sri Lanka Connected Through Ditwah,” HUTCH’s response to the cyclone that struck Sri Lanka in November 2025, recognised for the speed and relevance with which HUTCH kept customers better connected and informed.

HUTCH Roaming also earned two further Bronze awards for Best Use of Digital in a Marketing Campaign and Best Use of Creative Content. Bringing together AI-led storytelling, the campaign was designed around distinct customer clusters, each characterized by unique travel behaviours, needs, and perceptions, delivering relevant content for different audiences within a single overarching campaign.

“These wins are a strong reflection of how HUTCH approaches marketing today, staying close to the moments that matter to our customers and responding with speed, relevance, and creativity. Being the only telco recognised at SLIM DIGIS 2.6, and across five categories, is proof that agility and thoughtful storytelling can go hand in hand. This recognition reflects the collective efforts with our strategic partners, whose collaboration, expertise, and shared commitment brought great campaigns to life,” said Hamdhy Hassen, Chief Marketing Officer, HUTCH Sri Lanka.

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Fairway Colombo named Official Accommodation Partner of Manhunt International 2026

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(L-R): Gamunu Cooray, Ms. Tharushi Kulathunga, Avinga Wanigasekara, Arjuna Senanayake, and Jagath De Almeda at the signing ceremony held at Fairway Colombo.

Sri Lanka’s Smart Luxury Business Hotel to Host Delegates and Contestants from Over 40 Countries as the Island Nation Hosts Its First-Ever Global Pageant of This Scale

Fairway Colombo, a subsidiary of Fairway Holdings (Pvt) Ltd, has been appointed as the Official Accommodation Partner for Manhunt International 2026, one of the world’s most prestigious male pageants, scheduled to take place in Sri Lanka.

The event marks a historic milestone for Sri Lanka, as the country prepares to host a global pageant of this scale for the very first time. More than 40 contestants representing countries from across the world will arrive in Colombo, bringing together diverse cultures, international media attention, and a global audience — further strengthening Sri Lanka’s position as a premier destination for tourism, culture, and hospitality.

As the official accommodation partner, Fairway Colombo will welcome and host international delegates and contestants throughout their stay in Colombo, delivering the exceptional hospitality experience and personalized service that the hotel is recognized for.

A Landmark Partnership for Sri Lankan Tourism

“We are truly honored to be selected as the Official Accommodation Partner for Manhunt International 2026. This partnership is a proud moment not only for Fairway Colombo but also for Sri Lanka as a whole. Hosting an event of this global stature provides us with an opportunity to showcase our commitment to smart luxury, innovation, and authentic Sri Lankan hospitality to an international audience. We look forward to creating a memorable and seamless experience for all delegates and guests,” said Avinga Wanigasekara, General Manager of Fairway Colombo.

Strategically located in the heart of Colombo’s historic Fort district, Fairway Colombo is recognized as a Smart Luxury Business Hotel, combining modern comfort, advanced technology, and exceptional service. As part of Fairway Holdings (Pvt) Ltd, the property represents the group’s vision of delivering innovative, world-class experiences across the hospitality and leisure sectors.

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