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Monday November 9th, 2026

Sri Lanka Coronavirus count at 143, attempted manslaughter charge mulled for Covid-19 control

ECONOMYNEXT – As Sri Lanka’s Coronavirus count spiked by 21 to 143 on March 31, linked to several Covid-19 clusters police said persons who roam around and go to hospital without calling ahead may face attempted manslaughter charges and their residences would be sealed.

The newly confirmed Coronavirus patients on Monday were clusters linked to persons who were confirmed.

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Of the 21, 10 were from Puttalam linked to a person who had already been discovered two days ago Army Chief Shavendra Silva, who heads an anti-Covid-19 task force told Sri Lanka’s Derana TV.

“We identified 88 persons from his village and quarantined them,” General Silva said. “We made a request from Health Authorities to test several of them even though they did not show symptoms.

“We thought they were infected based on the interaction with the infected person.

“So they came and tested 19 persons. 10 turned out to be positive, though they did not show symptoms.

The tenth person was a tour guide in Dehiwala. Another was wife of a tour guide. Another was the father-in-law of the tour guide.

Three people were from the locked down Athaluagama village in Bandaragma.

Among other persons confirmed on Tuesday were three were from Kandy who were close relatives of a person in Akurana, Health Minister Pavithra Wanniarachchi said.

There were also four close relatives of a person who was found in Beruwala.

General Silva said movements in the village were restricted and depending on their conduct the village may be fully locked down, General Silva said.

He said another 43 persons linked to a person who came to Negombo Hospital and died had been identified over night and are being taken to a quarantine centre in the East which had become vacant.

Health Minister Pavithra Wanniarachchi asked people with symptoms not to roam around. At least three persons had entered hospital outpatients or other departments without knowing or disclosing that they were suffering from Covid-19 over the past week, leading to their closure.

“If you have Covid-19 symptoms do not come to hospital,” Minister Wanniarachchi said in a recorded message released to the media.

“Call and you will be picked up.”

One of the clusters relates to a 64 year old person who had entered Negombo hospital after going to doctors and a private hospital. The private hospital had referred him to the state hospital. He had died the same day he was admitted in intensive care.

“Designated government hospitals are waiting to treat you, with specialized staff,” Minister Wanniarachchi said. “I believe we may have been able to save him if he had admitted himself earlier.”

“If you have symptoms, for the benefit of your loved ones and the country get admitted to a designated hospital. There are 27 hospitals, one in each district.”

Britain’s National Health Service is now asking everyone, whether suffering from Coronavirus or not to inform online or on a hotline before trying to come to hospital and not to visit private doctors either.

Sri Lanka is asking for people to maintain 1 metre distance, but Britain is asking for two meters. Some countries are also asking to maintain a two metre distance if two persons are talking to each other.

Older persons are being asked to stay at home, away from younger persons who may go out and venture out of the house only once a day for exercise.

Manslaughter Charges

A ward at Kalubowila Hospital had to be closed same had happened to Negombo Hospital after persons who had symptoms not taking the advised procedure, leading to over 60 hospital staff being quarantined, Deputy Inspector General Ajith Rohana said.

“If you go to private hospital and then go to the ordinary outpatients department of a hospital without informing first, it can be defined under law as a malicious act or an attempted manslaughter.

“Getting Coronavirus or having symptoms is nothing to be ashamed of. Please telephone and do not use public transport and go here and there to seek treatment. We will send an ambulance.”

“Because people acted carelessly or maliciously, considering the incident at Ragama, Negombo and Kalubowila hospitals, the health system can get crippled when large numbers of staff are quarantined.

Police are asking anyone who came to the country from March 16 to March 19 when arrivals were banned, from any country in the world to register with police and be self-quarantined before 1200 noon on April 01.

“After 1200 noon, we will use the list provided by the Controller of Immigration to arrest the people who do not register,” Deputy Inspector General Ajith Rohana said.

“Please register, if not we will seal their residences. Police will also take their assets to custody.

Sri Lanka has arrested 7,619 persons and taken into custody 1,864 vehicles over curfew breaking. He said a curfew pass can only be used on the road designated.

More Hospitals

Sri Lanka is also readying new hospitals for Covid-19 patients, so that suspected patients can quickly get into a hospital without travelling around long distances in areas which have been designated as high risk, the head of Sri Lanka’s health service Anil Jasinghe said.

In Puttalam a former Voice of America relay station was being readied with 50 beds.

In Gampaha, Minuwangoda Hospital had been taken over for Covid-19 patients and will be readied for suspected Coronavirus persons.

In Kalutara, Beruwala hospital would be made into a dedicated hospital.

Sri Lanka is lifting a Coronavirus curfew from 0600h on Wednesday April 01 in all districts except Colombo, Gampaha, Kalutara, Kandy and Jaffna.

Wanniarachchi said recipients of Samurdhi income supplements recipients should not come to banks but stay at home and officers will deliver the money.

DIG Rohana said lawyers and judges who go to court Magistrate and High Court for hearings designated by the Judicial Services Commission should be dressed in professional clothes and taken their Bar Association identification card.

Global Crisis

UN chief Antonio Guterres has called the Coronavirus pandemic the worst global crisis since the World War II, an conflict that was triggered by German Pan-nationalism.

“The combination of the two facts and the risk that it contributes to enhanced instability, enhanced unrest, and enhanced conflict are things that make us believe that this is the most challenging crisis we have faced since the Second World War,” Guterres told reporters Tuesday.

Sri Lanka along with countries like Vietnan, Russia and Korea, have been aggressively chasing down contacts after denying visas or quarantining ‘healthy’ arrivals from China stopping a so-called Wave I from China from late January going against the standard advice of the World Health Organization.

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At the time WHO asked countries not to close their borders against China.

World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus said in January 2020 that there was “no reason” for any of the international travel or trade restrictions announced by some countries such as flight suspensions, border closures and quarantine of apparently healthy travellers.

“Our greatest concern is the potential for the virus to spread to countries with weaker health systems,” World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus said in January 2020.

The virus however has hit countries with the strongest health systems and shaken their foundations.

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WHO says ‘no reason’ to close borders with China, quarantine healthy travelers

Closing borders could allow virus to spread faster: WHO

Coronavirus the worst global crisis since WW II, says UN chief

Sri Lanka and other countries were hit by so-called Wave II, arrivals from the Western nations that did not quarantine Wave I arrivals from China.

WHO had named the disease Covid-19. The underlying virus has been labelled SARS-Cov2.

SARS is also another acronym devised by the WHO for a virus earlier viral outbreak that emerged from China.

More than 823,720 Coroanvirus infections have been recorded in 185 countries and territories since the epidemic started in China in December, according to a tally yb AFP, a new agency compiled towards 1930 GMT Tuesday based on official sources.

At least 40,949 deaths have been recorded, nearly three quarters of which are in Europe.

Several of the worst respiratory viral pandemics in the last century have come from China.

The Asian Flu of 1957 to 1958 which is estimated to have killed between 1 to 4 million people worldwide according to UK’s Health Department data, also originated from Southern China. The virus had killed 33,000 people in the country (attributable excess mortality).

The Hong Kong flu of 1968 to 1969 also from Southern China is estimated to have killed between 1 – 4 million people and 80,000 in the UK.

The 2009-2020 Swine Flu from Mexico is believed to have killed over 18,000 people worldwide.

The Spanish flu of 1918-1919 is estimated to have killed up to 50 million people world-wide. (Colombo/Apr01/2020)

Sri Lanka stocks close up 1.37-pct, banks lead turnover

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed up on Monday, CSE data showed, with the benchmark All Share Price Index moving up 1.37 percent.

The ASPI was up 291.72 points at 21,531.37, while the more liquid S&P SL20 was up 1.67 percent, or 100.96 points, at 6,146.34.

Positive contributors to the ASPI were Commercial Bank of Ceylon (up 2.86 percent at 216.00 rupees), Hatton National Bank (up 1.52 percent at 399.75 rupees), Asiri Hospital Holdings (up 12.86 percent at 31.60 rupees), Tokyo Cement Company (up 5.22 percent at 84.70 rupees), and Access Engineering (up 3.93 percent at 81.90 rupees).

Carson Cumberbatch (down 4.24 percent at 712.00 rupees), Richard Pieris and Company (down 2.43 percent at 28.10 rupees), LOLC Holdings (down 0.62 percent at 400.00 rupees), Renuka Holdings (down 2.63 percent at 37.00 rupees), and Chevron Lubricants Lanka (down 0.61 percent at 204.25 rupees) were top negative contributors.

Market turnover was 3.33 billion rupees. The S&P/CSE Banks Industry Group led turnover with 667.76 million rupees.

The session saw heavy crossings, according to Raynal Wickremeratne, Head of Research and Strategy at NDB Securities. Significant crossings included Keells (23 million rupees), Distilleries Company (27.7 million rupees), Sunshine Holdings (30.6 million rupees), Commercial Bank (32.4 million rupees), Ceylon Tobacco Company (35.6 million rupees), Hatton National Bank (39.5 million rupees), Prime Lands (40.5 million rupees), and HAS Holdings (41.5 million rupees).

In corporate news, Hayleys Retail Holdings Ltd announced it has partnered with supply chain software provider Blue Yonder to build and scale an AI-native grocery supermarket chain across Sri Lanka. (Colombo/Nov09/2026)

 

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Sri Lanka’s Hayleys Retail to launch supermarket chain with Blue Yonder

ECONOMYNEXT — Hayleys Retail Holdings Ltd has selected supply chain software provider Blue Yonder to build its grocery retail operations from the ground up, the two companies said in a joint statement.

Hayleys Retail, a member of Sri Lanka’s diversified conglomerate Hayleys Group, plans to open several stores in the near future to serve consumers across the country. The agreement marks Blue Yonder’s first retail customer in Sri Lanka.

“Our entry into supermarket retail is about bringing that same commitment to quality and reliability closer to everyday Sri Lankan consumers,” Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC said.

“With Blue Yonder, our teams will have AI-driven insight to deliver a seamless, consistent shopping experience across every store,” he said.

Hayleys, which accounts for approximately 5 percent of Sri Lanka’s export income and operates across 17 business sectors, is entering the large-scale supermarket space by drawing on its group strengths in manufacturing, logistics, and services.

The company selected Blue Yonder to connect its data across merchandising and shelf space, deploy artificial intelligence agents to catch operational issues early, and scale its business into a national network without changing platforms.

The rollout will begin with merchandise operations to manage suppliers, items, costs, and pricing, followed by machine learning capabilities to forecast demand and balance store inventory during seasonal peaks.

“Hayleys Retail is choosing one where AI is the foundation rather than an add-on—connected data and agentic AI built into core merchandising operations, and planning that learns as the business grows,” Antonio Boccalandro, President, APAC at Blue Yonder said.

The retailer plans to use the platform to automate routine store tasks and adjust inventory according to real-time sales and local market trends as its store footprint grows. (Colombo/Nov09/2026)

 

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Sri Lanka’s Citrus Leisure extends Lotus Tower management pact

ECONOMYNEXT – Sri Lanka listed hospitality firm Citrus Leisure said it has extended an agreement to manage consumer-facing and entertainment spaces at the Colombo Lotus Tower, which includes revolving restaurant Blue Orbit, until June next year.

The initial agreement signed between Citrus Leisure and Colombo Lotus Tower Management Company (Private) Limited (CLTMC) is due to expire on December 11.

“The Board of Directors of CLTMC at meeting held on 2nd November 2026 has resolved to extend the term of the Management Agreement and continue the existing Management Agreement until 30th June 2027, to which the company has given its concurrence,” the company said in a market filing.

Citrus Leisure Plc opened its revolving restaurant at the Lotus Tower in December 2023.

The company signed a 3-year agreement with CLTMC in May 2023 to provide services in the management of (l) the banquet hall 1 on the 25th floor, (2) the banquet hall 2 on the 26th floor, (3) the revolving restaurant on the 27th floor, (4) the 6 suites situated on the 28th floor and the kitchen in the basement floor of the Colombo Lotus Tower.

The 350-meter or 1,150-feet tower, the tallest in South Asia, was built at a cost 104.3 million US dollars with 80 percent of the money borrowed from Exim Bank of China.

Located in the commercial heart of Colombo, the tower has been called a symbolic landmark of Sri Lanka as well as a colossal white elephant and has been mired in controversy for years. (Colombo/Nov9/2026)

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CIC Holdings Sept quarter net profit rises 20-pct to Rs1.7bn

ECONOMYNEXT — Sri Lanka conglomerate CIC Holdings recorded a net profit of 1.66 billion rupees for the quarter ended September 30, rising 20.3 percent from 1.38 billion rupees in the same quarter last year, interim accounts showed.

The group posted basic earnings per share of 0.87 rupees for the September quarter, up from 0.73 rupees a year earlier.

Quarterly revenue grew 3.4 percent to 20.89 billion rupees from 20.20 billion rupees, supported by broad-based growth across industrial solutions, livestock, and healthcare segments, which counterbalanced relative demand moderation in agricultural inputs.

Cost of sales rose 5.3 percent to 15.20 billion rupees, outpacing revenue growth and causing gross profit to contract marginally by 1.2 percent to 5.68 billion rupees.

Results from operating activities dropped 7.3 percent to 2.66 billion rupees from 2.87 billion rupees, impacted by higher operating overheads.

Selling expenses expanded 6.8 percent to 2.15 billion rupees, and general and administrative expenses climbed 5.8 percent to 1.07 billion rupees, while other operating income dropped 29.6 percent to 117.40 million rupees.

However, operating profits were cushioned by an impairment reversal on trade receivables of 85.83 million rupees, turning around from an impairment provision of 23.38 million rupees in the corresponding quarter last year.

Net finance costs climbed 35.4 percent to 712.25 million rupees from 526.01 million rupees.

The increase was driven by a 30.8 percent rise in finance expenses to 771.46 million rupees, primarily reflecting higher interest expenses on loans to finance elevated working capital and inventory requirements.

The quarter’s bottom line was strongly bolstered by CIC’s equity-accounted investment in John Keells Holdings PLC (JKH).

Share of profit from equity-accounted investees surged more than fourfold to 590.50 million rupees from 257.87 million rupees, driven by JKH’s strong profit expansion during the period.

The group also recognized a gain on bargain purchase of 55.59 million rupees during the quarter resulting from additional share purchases in JKH where the proportionate net asset value exceeded acquisition cost, compared to no such gain a year earlier.

With associate income gains offsetting operating margin contraction and higher borrowing costs, group pre-tax profit held virtually flat at 2.59 billion rupees, down 0.11 percent.

Income tax expense fell 29.4 percent to 606.24 million rupees from 858.71 million rupees, driving total group profit for the period up 14.1 percent to 1.98 billion rupees.

Total group assets stood at 108.58 billion rupees as of September 30, up from 99.75 billion rupees at the end of March 2026.

Group net asset value per share increased to 25.52 rupees from 22.10 rupees a year earlier.

CIC Holdings’ ordinary voting shares closed at 27.80 rupees at the end of September.(Colombo/Nov09/2026)

 

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Sri Lanka stocks trend up; ASPI gains 0.78-pct

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange was trading higher on Monday, CSE data showed, with the benchmark All Share Price Index moving up 0.78 percent.

The ASPI was up 165.73 points at 21,405.38, while the more liquid S&P SL20 was up 0.61 percent, or 37.04 points, at 6,082.42.

Positive contributors to the ASPI were Commercial Bank (up 1.55 percent at 213.25 rupees), Ceylon Cold Stores (up 2.61 percent at 128.00 rupees), Asiri Hospital Holdings (up 10.00 percent at 30.80 rupees), Hemas Holdings (up 1.27 percent at 32.00 rupees), and Ambeon Holdings (up 6.02 percent at 37.00 rupees).

Namunukula Plantations (down 3.92 percent at 63.70 rupees), LOLC Holdings (down 0.62 percent at 400.00 rupees), and Chevron Lubricants Lanka (down 0.12 percent at 205.25 rupees) were top negative contributors.

Market turnover was 428.31 million rupees. Capital goods led turnover with 82.53 million rupees. (Colombo/Nov09/2026)

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Sri Lanka rupee at 332.54/58 to US dollar spot, bond yields steady

ECONOMYNEXT – Sri Lanka’s rupee was quoted at 332.54/58 to the US dollar spot on Monday, stronger from 332.55/60 Friday, while bond yields held broadly steady, dealers said.

A bond maturing on 15.09.2029 was quoted at 10.90/95 percent, up from 10.85/95 percent.

A bond maturing on 01.08.2030 was quoted at 11.00/10 percent, down from 11.05/10 percent.

A bond maturing on 01.02.2031 was quoted at 11.10/20 percent, up from 11.10/15 percent.

A bond maturing on 15.12.2032 was quoted at 11.58/68 percent, up from 11.55/65 percent.

A bond maturing on 01.06.2033 was quoted at 11.80/95 percent, up from 11.80/85 percent.

A bond maturing on 15.10.2034 was quoted at 12.08/15 percent, up from 12.05/12 percent.

A bond maturing on 15.08.2036 was quoted flat at 12.30/40 percent.

The telegraphic transfer rate for the dollar was 328.05 buying, 337.05 selling; the euro was 363.3528 buying, 377.1336 selling; pound was 437.5954 buying, 451.7038 selling.

On the Colombo Stock Exchange the All Share Price Index was up 0.78 percent, or 165.42 points, at 21,405; while the S&P SL20 was up 0.58 percent, 35.19 points, at 6,080.

90,000 million rupees Treasury bills are to be issued through an auction on November 11. (Colombo/Nov9/2026)

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