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CSE foreign funds outflow seen as controllable

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By Hiran H.Senewiratne 

The outflow of foreign  funds in the CSE can be controlled soon with the return of foreign investors to Asian markets, which performed well compared to other regional markets in the recent past, a top CSE official said.  

“During the  month of September,  the  market has  performed really well and became best in the region. Therefore,  many foreign investors are likely to come back,  Head of CSE Marketing, Niroshan Wijesundara said.

‘At present total foreign outflow would be approximately  Rs. 43 billion. It will not make a major difference to the market  as local investors have become more active than on other days due to the low interest rate regime and also payment of  better dividend yields  for shareholders by certain listed companies, Wijesundara told The Island Financial Review.

He said that prudent government policy decisions will also help the market in a positive manner.

Yesterday the market started trading in a sluggish manner due to a slight decline in Hayleys Group stocks but later it picked up  and turned positive when the indices heavy LOLC witnessed some buying interest, stock market analysts said.

Further, another interest rate cut for banks by the Central Bank, which was anticipated by Moody’s, also gave some positive signals to the market to perform better yesterday. Amid those developments, both indices moved upwards, ie, the All Share Price Index went up by 25.79 points and S and P SL20 by 14.44 points.

The day’s turnover stood at Rs. 3.6 billion with four crossings. Those crossings were reported in Vallibel Power Erathna, which crossed 35 million shares to the tune of Rs. 287 million, its share trading at Rs. 20, JKH, 600,000 shares crossed for Rs. 79.8 million at a per share value of Rs. 133, Tokyo Cement (Non Voting) 400,000 shares crossed for Rs. 22.6 million; its share traded at Rs. 56.50 and Central Finance 250,000 shares crossed for Rs. 21.83 million with its shares trading at Rs. 87.30.

In the retail market top five companies that contributed to the turnover were;  Expolanka Rs. 561 million (three million shares traded),Kelani Tyre Rs. 244.7 million (2.63 million shares traded), Tokyo Cement  (Non Voting) Rs. 167.4 million  (2.97 million shares traded), Tokyo Cement (voting) Rs. 144.4 million (2.2 million shares traded) and Piramal Glass Rs. 140 million (19.5 million shares traded). During the day 195.5 million share volumes changed hands in 28969 transactions.

It is said that foreign investors recorded a net outflow of Rs. 29.6 million compared to a net outflow of Rs. 809.8 million on Wednesday. Separately, Dilmah Ceylon Tea Company announced a final dividend of Rs. 5.00 per share.

The bourse remained resilient, sustaining the drive in a positive direction for the second consecutive session. It said Materials counters led the three billion plus turnover, closely followed by Transportation and Capital Goods counters making a joint contribution of 60 percent. 



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HNB Assurance Elevates ‘Liya Harasara’ 2026 with Unmatched Benefits to Honor the Spirit of Womanhood

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HNB Assurance PLC launched the 2026 edition of Liya Harasara, its flagship annual initiative dedicated to celebrating and empowering women in line with International Women’s Day. Recognized as one of the most anticipated campaigns of the year, Liya Harasara continues to evolve, delivering meaningful protection and exclusive privileges designed to support women in every stage of life.

This year’s edition introduces the most rewarding benefits in the history of the initiative. Women who sign up for eligible Regular Premium Life Insurance policies will receive a Free Life Cover of up to Rs. 2 Million for one year, along with a Free Critical Illness Benefit of up to Rs. 500,000, providing enhanced financial security and reassurance when it matters most. Additionally, female policyholders are also entitled to pregnancy related hospitalization cash benefit for Life Insurance Policies with in-force Hospitalization Benefit, for a maximum of three days per annum.

Commenting on the significance of this year’s campaign, Lasitha Wimalarathne, Executive Director / CEO of HNB Assurance, stated: “As we mark our 25th year as a trusted life insurer, we wanted Liya Harasara 2026 to reflect the strength of the journey that brought us here. For 25 years, women have been at the heart of our story, as leaders, advisors, customers and changemakers. This special edition is our way of honoring that partnership and reaffirming our commitment to protecting their aspirations for the future. When women progress, families prosper and communities thrive and we are proud to stand by them with meaningful protection and lasting assurance.”

Sharing his thoughts, Dinesh Yogaratnam, Chief Marketing and Customer Experience Officer of HNB Assurance, added, “Liya Harasara has grown into more than just an annual campaign, it is a tribute to the Spirit of Womanhood, to resilience, ambition and strength. The 2026 edition has been thoughtfully enhanced to deliver greater value and deeper impact, ensuring women receive protection that truly supports their ambitions and wellbeing. We remain committed to creating solutions that empower confidence and provide peace of mind, enabling women to focus on achieving their goals without compromise.”

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Seven decades of sartorial excellence: The legacy of Linton Master Tailors in Kandy

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In the 1950s, Linton Wimalasena Udagagedara served as the tailoring instructor at the rehabilitation unit of the Bogambara Prison. Known affectionately by all as “Linton Master,” he laid the foundation for a legacy that would eventually redefine men’s fashion in the hill capital.

In 1958, Linton Master ventured into private business by renting a small shop in Trincomalee Street, Kandy, under the name “Linton Master Tailors.”

Supported by a handful of employees and the unwavering strength of his wife, Srima Alwala, the business began its humble journey. In those early days, Linton Master would travel from Kandy to Pettah, Colombo, walking miles to handpick high-quality fabrics at affordable prices. Though the initial years were a struggle, he never compromised on quality.

Due to his commitment to superior craftsmanship and impeccable finishing, “Linton Master’s Shop” in Trincomalee Street soon became a household name across the Kandy region. By the 1970s, the thriving business moved to Yatinuwara Veediya. As the enterprise grew, Linton Master eventually purchased the rented building and the adjacent premises. In the 1990s, the brand reached its zenith, becoming a hallmark of excellence.

Following the passing of Linton Master in 2009, the business transitioned into a new era. Today, it stands proud at the same familiar location in Yatinuwara Veediya, rebranded as “Linton & Sons Master Tailors.” His legacy is carried forward by his children; while one son manages a printing press and a daughter runs a bridal wear brand under the Linton name, his son Nidarshana Udagagedara has significantly expanded the core tailoring business.

Today, Kandy is home to three main institutions bearing the prestigious Linton brand. Linton & Sons Master Tailors, now employing around 20 skilled professionals, is a nationally recognized name. Known for their international standards, it is said that anyone who gets a full suit tailored at Linton & Sons invariably returns for their second.

The business that once started with fabric handpicked from Pettah now utilizes world-renowned international brands. Linton & Sons is currently the only tailor shop in Kandy that creates garments using prestigious fabrics such as Raymonds, Pacific Gold, Medici, and Macone.

Current Chairman Nidarshana Udagagedara notes that they serve a loyal customer base, with complete groom’s suit packages ranging from Rs. 30,000 to Rs. 90,000. With a highly experienced team, they now offer an exclusive one-day service, allowing customers to have bespoke designs created to their exact specifications in record time.

Spanning seven decades, the Linton lineage, which has brought fame to Kandy, has now successfully expanded from the second generation to the third, ensuring that the master’s stitch continues to define elegance for years to come.

By S.K. Samaranayake

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LANKATILES Captivates Architect 2026 with a Spectacular Celebration of Fine Living

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Overall Best Stall and Best Trade Stall Displaying Local Products awards at Architect 2026

At the prestigious Architect 2026 Exhibition, LANKATILES unveiled an immersive Concept Studio of contemporary design, where every surface spoke in allusive ways of exquisite craftsmanship and architectural vision.

Among a host of outstanding participants, the Concept Studio was recognized with two of the exhibition’s highest accolades: Overall Best Stall and Best Trade Stall Displaying Local Products. This is a resounding testament to five decades of trust, quality, and innovation.

The Concept Studio was thoughtfully zoned to evoke the ambiance of curated interiors and sophisticated entryways, unveiling the latest designs introduced to the market. Visitors were guided through a seamless spatial journey, beginning with the Living Zone, where expansive surfaces harmonized durability with refined design to elevate everyday living. The Kitchen Ambience Zone presented a contemporary culinary environment enriched with elegant finishes, demonstrating how functionality and elevated aesthetics coexist in modern homes.

The experience continued into the Bedroom Zone, an intimate and serene setting curated with soothing palettes and luxurious surfaces to create a tranquil retreat defined by comfort and understated elegance. Complementing this was the Bathware Zone — a sanctuary of calm showcasing precision-crafted porcelain surfaces that seamlessly blended purity of form with superior performance, redefining modern bathroom sophistication.

Extending beyond interiors, the Poolside Zone highlighted elegant outdoor settings framed by resilient, high-performance tiles, where aesthetic excellence met enduring strength in expressive interpretations of contemporary luxury. Featuring the latest Mosaic designs alongside the grand large-format tile series, Majestica, each zone illustrated how LANKATILES transforms raw materials into architectural poetry, reinforcing its leadership in innovation and design excellence.

Another defining feature of the Concept Studio was the AI-powered Tile Visualizer; an advanced digital interface designed to offer architects and homeowners an intelligent and immersive visualization experience that redefines the way interiors are selected and conceptualized. Within minutes, users can upload an image of their dream space and instantly explore precisely matched tile designs and colour palettes tailored to their aesthetic preferences.

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