Business
US tariff regime triggering worries for local and global stock markets

By Hiran H Senewiratne
The import tariffs clamped by the Donald Trump administration on several countries had triggered some worries among global stock markets yesterday.
Consequently, CSE investors were also a bit slow in the market, over fears that the tariffs would create a global recession. Some sell- offs of stocks were noted, market analysts said.
Amid those developments both indices moved downward. The All Share Price Index went down by 290 points, while S and P SL20 declined by 90.9 points. Turnover stood at Rs 2.5 billion with six crossings.
Those crossings were reported in HNB, which crossed 1.5 million shares to the tune of Rs 465 million and its shares traded at Rs 310, Galle Face Capital Partners 3.9 million shares crossed to the tune of Rs 191 million; its shares traded at Rs 49, Pan Asia Bank 3 million shares crossed for Rs 101.4 million and its shares traded at Rs 33.80, Hemas Holdings 250,000 shares crossed for Rs 30 million; its shares sold at Rs 120, Sampath Bank 250,000 shares crossed for Rs 29.6 million; its shares traded at Rs 118.25 and CCS 255,000 shares crossed for Rs 21.1 million; its shares traded at Rs 79.
In the retail market top six companies that have mainly contributed to the turnover were; HNB Rs 117 million (381,000 shares traded), RIL Properties Rs 94.5 million (6.4 million shares traded), Access Engineering Rs 85.1 million (2.24 million shares traded), NTB Rs 80 million (414,000 shares traded), Melstacope Rs 80 million (619,000 shares traded) and LOLC Holdings Rs 73 million (120,000 shares traded). During the day 81.1 million shares volumes changed hands in 16949 transactions.
It is said that banking and finance sector counters were the main contributor to the turnover, while services and construction sector counters actively participated in the market.
Yesterday, the rupee was quoted at Rs 295.40/50 to the US dollar in the spot market, from Rs 295.48/53 the previous day, dealers said, while bond yields were broadly steady.
A bond maturing on 15.09.2027 was quoted at 9.43/47 percent, down from 9.43/48 percent.
A bond maturing on 15.03.2028 was quoted flat at 10.00/05 percent.
A bond maturing on 01.07.2028 was quoted at 10.20/22 percent, down from 10.20/25 percent.
A bond maturing on 15.10.2028 was quoted at 10.35/38 percent, down from 10.36/40 percent.
A bond maturing on 15.09.2029 was quoted at 10.72/77 percent, up from 10.72/75 percent.
A bond maturing on 15.10.2030 was quoted at 10.98/11.00 percent, from 10.97/01 percent.
Stocks were down 0.75 percent.
A Treasury bill auction of Rs 165.5 billion was ongoing, and a Treasury bond auction of Rs 75 billion was scheduled for Wednesday.
Business
Acuity Knowledge Partners fuels global finance with Sri Lanka’s homegrown talent

In an era where global financial markets demand innovation and agility, Acuity Knowledge Partners has positioned Sri Lanka as a strategic hub for high-value knowledge services. At the helm of this transformation is Jehan Jeyaretnam, Country Head of Acuity’s Sri Lanka operations, whose two-decade journey with the firm mirrors the nation’s growing prominence in the global knowledge process outsourcing (KPO) sector.
Sri Lanka’s exceptional talent pool, which is highly educated, tech-savvy, and globally aware, is the cornerstone of Acuity’s success, asserted Jeyaretnam during an interview with The Island Financial Review. The following are some excerpts from the interview.
“With over 500 professionals in Sri Lanka supporting global clients in investment research, compliance, and data analytics, the firm has forged robust partnerships with universities like Kelaniya, fostering talent through graduate programmes, mentorship, and initiatives such as its decade-long sponsorship of inter-university academic competitions.’’
“Acuity’s commitment to nurturing expertise is evident in its status as a leading employer of CFA charter holders locally and its consistent recognition as a top employer by AICPA & CIMA, climbing to 9th place globally in 2024. Our people access global opportunities and clear career pathways,” Jeyaretnam noted, emphasising long-term growth over talent development.
“Beyond its economic footprint, Acuity’s “Be Kind” ethos drives community initiatives focused on education, sustainability, and welfare. Partnerships with NGOs like Child Action Lanka, tree-planting campaigns, and digital literacy programmes underscore Acuity’s dedication to uplifting underserved communities. Giving back isn’t optional. It’s ingrained in our culture,” Jeyaretnam stated.
Reflecting on his 20-year journey, Jeyaretnam attributed Acuity’s evolution from a ‘small team with big ambitions’ to a global KPO leader with a philosophy centered on trust and empowerment.
“Leadership is about building others up,” he said, highlighting mentorship and continuous learning as catalysts for innovation.
When asked about his personal accomplishments, he said, “Witnessing employees ascend to leadership roles is my most rewarding accomplishment.”
To youth eyeing careers in capital markets, Jeyaretnam advised adaptability, curiosity, and integrity.
“Success stems from asking questions, seeking feedback, and grounding yourself in financial fundamentals,” he stressed, citing Acuity analysts who’ve risen to become industry experts.
As Acuity eyes the future, Jeyaretnam reaffirmed its commitment to innovation, talent development, and scaling Sri Lanka’s capabilities.
“We’ll keep investing in Sri Lanka, ensuring we’re resilient and ready to meet tomorrow’s challenges together,” he asserted, encapsulating Acuity’s clients, employees and stakeholders.
In a world where knowledge is currency, Acuity Knowledge Partners and Sri Lanka’s talent are proving to be invaluable global assets.
By Sanath Nanayakkare
Business
John Keells Properties and MullenLowe unveil “Minutes Away”

In a bold and pioneering move, John Keells Properties (JKP), in collaboration with MullenLowe, has launched “Minutes Away – The Smartest Campaign in Sri Lanka” for JKP’s smart apartment development, TRI-ZEN. Redefining how real estate is experienced and promoted in the digital age, this campaign is the first in Sri Lanka to utilize Meta Ray- Ban Smart Glasses—bringing viewers into a fully immersive, first-person perspective that captures the essence of smart urban living like never before.
As Sri Lanka’s first smart apartment complex, TRI-ZEN has consistently set new benchmarks in urban innovation. Now, with the Minutes Away campaign, John Keells Properties elevates its brand storytelling by delivering a unique point-of-view (POV) journey, giving audiences the chance to see through the eyes of a resident navigating the conveniences of smart city living—from seamlessly connected spaces to vibrant city life just minutes away.
“Innovation is embedded in the DNA of John Keells Properties,” said Chamal Fonseka, Assistant Vice President of John Keells Holdings and Head of Brand Strategy s Customer Experience at John Keells Properties. “With ‘Minutes Away’, we wanted to push the boundaries of how real estate is communicated. The use of Meta Ray-Ban Glasses not only allows us to immerse our audience in the daily rhythm of a TRI-ZEN resident—it also marks a first for Sri Lanka in terms of campaign technology and narrative style. This campaign is not just about showcasing a product—it’s about enabling prospective homeowners to feel the lifestyle TRI-ZEN offers. And there’s no better way than putting them quite literally in the shoes of a resident.”
The Meta Ray-Ban Glasses are at the heart of this one-of-a-kind activation, enabling content to be captured from a natural, unfiltered perspective—no gimbals, no staging, just real- time storytelling. Whether it’s a short commute to Colombo’s key hotspots, smart home features activating at a touch, or the energy of city life just steps away, the viewer experiences it all through the eyes of the modern, connected homeowner.
Business
Amana Life policyholders enjoy 19 percent return on their Gold Investment Fund

As global gold prices soar and investors worldwide turn to gold as a trusted store of value, Amana Life Insurance stands out for offering Sri Lankans a rare and rewarding opportunity to invest in gold through life insurance.
Amana Life Insurance is the only life insurer in Sri Lanka offering customers access to a dedicated Gold Investment Fund across all life insurance products including retirement, education, and health plans. This presents a unique opportunity for Sri Lankans to save in gold and receive gold at maturity, combining financial protection with the long-term stability of a globally valued asset.
As of March 31st, 2025, the Gold Investment Fund delivered an impressive 12-month return of 19 percent, offering strong returns for policyholders who chose the Gold Fund investment option as part of their wealth planning strategy.
Whether you’re planning for your child’s education, retirement, or long-term wealth creation, Amana Life Insurance gives you access to one of Sri Lanka’s most diverse and high-performing investment portfolios. These include the Protected Multiple Fund, Stable Multiple Fund, Growth Multiple Fund, Volatile Multiple Fund, Bullion Multiple Fund, and the standout Gold Investment Fund, each designed to match different financial goals and risk profiles.
Commenting on the fund’s performance, Gehan Rajapakse, CEO of Amana Life Insurance, stated: “The continued rise in global gold prices underscores the importance of offering innovative, long-term investment options. The strong performance of our Gold Investment Fund reflects our deep commitment to creating lasting value for our policyholders. However, we remind customers that past performance is not indicative of future results, and every investment should be aligned with one’s financial goals and market outlook.”
As Sri Lanka’s most awarded insurer, Amana Life Insurance continues to lead with foresight, innovation, and a customer-first mindset, enabling every Sri Lankan to secure their future with confidence and clarity.
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