Business
Upping of stake by Senthilverl Holdings in Colombo Dockyard dominates CSE trading
Senthilverl Holdings has increased its stake in Colombo Dockyard to 12.20 percent of the issued share capital, according to a stock exchange filing.
4,263,567 shares were bought at prices between Rs 149.25 and Rs 155.25 a share on January 30.
“Apart from the transaction disclosed above 9,876,264 shares were also purchased via other licensed stockbrokers, CSE sources said.
The total issued shares of the company is 395,224,082.
Meanwhile, CSE activities were extremely positive yesterday because of high retail and institutional investor participation.
Both indices moved upwards. The All Share Price Index went up 83.12 points while S and P SL20 was up by 9.75 points. Turnover stood at Rs 8.24 billion with 12 crossings.
The top seven crossings were reported in Commercial Bank, where 14.6 million shares crossed to the tune of Rs 3.2 billion and its shares traded at Rs 224.50, TJ Lanka 11.3 million shares crossed to the tune of Rs 406.7 million; its shares traded at Rs 36, Cargills Ceylon 100,000 shares crossed for Rs 80 million; its shares sold at Rs 800, LOLC Holdings 100,000 shares crossed for Rs 60.05 million; its shares sold at Rs 605, Hayleys 250,000 shares crossed to the tune of Rs 59.8 million; its shares traded at Rs 239,Tokyo Cement 500,000 shares crossed for Rs 56 million; its shares traded at Rs 112 and Colombo Dockyard 300,000 shares crossed for Rs 45.6 million; its shares traded at Rs 152.
In the retail market top seven companies that mainly contributed to the turnover were; Colombo Dockyard Rs 359.6 million (2.36 million shares traded), Hayleys Rs 344 million (1.4 million shares traded), Ceylon Land Equity Rs 321.50 million (19.97 million shares traded), CTC Rs 210 million (121900 shares traded), TJ Lanka Rs 134.90 million (3.7 million shares traded), Prime Lands Residencies Rs 97.1 million (2 million shares traded) and Sampath Bank Rs 91.8 million (594,000 shares traded). During the day 276.9 million share volumes changed hands in 39535 transactions.
It is said that banking sector counters, especially Commercial Bank, performed well while the manufacturing sector, especially Colombo Dockyard, also performed well. Further, the real estate sector also performed well, especially Prime Lands Residencies.
Yesterday the rupee was quoted at Rs 309.50/55 to the US dollar in the spot market, from Rs 309.55/65 the previous day, while bond yields opened lower, dealers said.
An auction of Rs 120,000 million Treasury bills was ongoing.
A bond maturing on 15.03.2028 was quoted at 9.00/05 percent, down from 9.03/05 percent.
A bond maturing on 15.06.2029 was quoted at 9.49/50 percent.
A bond maturing on 15.09.2029 was quoted at 9.55/58 percent, down from 9.57/60 percent.
A bond maturing on 15.10.2029 was quoted at 9.57/60 percent.
A bond maturing on 15.12.2029 was quoted at 9.60/62 percent, down from 9.58/63 percent.
A bond maturing on 01.03.2030 was quoted at 9.68/70 percent.
A bond maturing on 15.03.2031 was quoted at 9.90/95 percent, down from 9.92/95 percent.
A bond maturing on 01.10.2032 was quoted at 10.25/29 percent, down from 10.28/32 percent.
A bond maturing on 15.12.2032 was quoted at 10.28/30 percent.
A bond maturing on 01.06.2033 was quoted at 10.60/62 percent, down from 10.63/68 percent.
A bond maturing on 15.06.2034 was quoted at 10.81/84 percent.
A bond maturing on 15.06.2035 was quoted flat at 10.85/95 percent.
By Hiran H Senewiratne
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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