An Echelon Media Company
Friday November 13th, 2026

Honouring the Victims of 21 April 2019 Through Togetherness and Unity

Today marks the one-year anniversary of the Easter Sunday attacks, in which eight IS terrorists senselessly murdered 269 Catholic and Christian worshippers and tourists, shattering our collective sense of unity and togetherness.  Families celebrating Christianity’s holiest day and tourists visiting our beautiful shores were massacred by those who claimed Islam only in name.

Joe lost his wife and a child in the blast at St. Sabastian’s Church in Negombo that killed 115 people, including 27 children. He is still holding on to their photos, even tighter when he talked about them; “I wish that day did not happen in my life. It was so brutal and bloody”. He further asked “why did they do this to us? We lived peacefully here and I want to see that again but when so many of us are shattered, it is difficult to heal. Their memory and the bombings are what lingers on in our head”.

Theepamallar’s son, Arun Prasanth, was killed in Protestant Zion church bombing in Batticaloa. He was 30 years old and lost his father to the war when he was one year old. Theepamallar could not hold her tears and said “Arun looked after me and after his father’s death I brought him up so carefully but who knew that he will be killed like this. I am now homeless too. Tomorrow I do not know whether the church will have a service but I will go to the cemetery.”

Verl, drives a three-wheeler. He lost 03 family members, his son Jackson (age 13), his sister and brother in law. His two other sisters and the deceased sister’s child who is seven years old are badly injured; paralysed and lost eyesight. “one year has passed by and I still hear their voices and laughter in this house. Everyone has forgotten us, even during wartime we managed to survive without loss of life but, after the war, when leading a normal life, this tragedy and agony hoisted upon us. It seems everyone has moved on except the victims and their families. With COVID-19, the church will not have a service, but we will go to the cemetery in the evening and will light an oil lamp. Maybe others will also do so.”

Sumathi (aged 53) lost her eyesight and her precious daughter Uma. “My child is gone and one year on I feel like she will come to me. She did so much of social work and have been very active. I had a big dream for her.” Uma was 22 and was a 1st-year art faculty student at Eastern University.

Dhulsini was visiting Sri Lanka from America so her son Kiran could visit her grandmother.  She lost Kiran in the Cinnamon Grand hotel blast.  A year on, she struggles to rebuild without answers.  In a BBC interview, she says “We’ve had no acknowledgement that we’ve lost the most precious person in our lives from the Sri Lankan government.  Nothing at all.  Not even a condolence.”

These and so many other families are still struggling to make sense of what happened and need our collective support to heal. But a year later, our country is consumed by COVID-19. The virus has prevented families from gathering for Easter service this year or coming together to mourn on the anniversary of the attacks.  In these challenging times, it is critical to work together. With no avenue for physical togetherness, we must instead find togetherness in our hearts and minds.

Early on after the attacks, communities worked hard to build unity from the ashes.  Moderate religious leaders worked to bring people together for interfaith dialogue and create safe spaces for exchange.  A group of Catholic nuns, church leaders, and civil society groups in Negombo welcomed Muslim community members and started working together to neutralize tensions and build trust through a genuine exchange.  Church leaders in Negombo were also on the frontlines in protecting Muslims from mob attacks.

The Muslim community also took part.  Muslim shopkeepers closed all their businesses in Negombo until Catholics had buried the last body of the victims killed in the St. Sebastian’s Church attack.  Community leaders came forward with lectures and writings to explain how Islam teaches nonviolence and translating the Quran to Sinhala.  Mosques opened their doors to interfaith dialogues and discussions.  And throughout Negombo, houses and businesses belonging to all communities had hoisted white flags for weeks in mourning.

Although some interfaith exchanges continue at an individual level, broader efforts have declined.  They need to restart and continue.  No faith promotes hatred toward fellow beings.  We as Sri Lankans have throughout our history suffered from a different kind of virus – racism – which has no cure until we develop compassion for different ethnicities, different cultural and religious values. It is that trust, that faith in each other that is built through mutual respect and secular values, that is vital not only to keep us all safe in this pandemic but also to building a brighter shared future.

In these pandemic times, we face a difficult path ahead. Muslims are being stigmatized and accused of spreading the virus. The compulsory cremation policy further alienates this community, making them less likely to seek treatment.  Instead of empowering communities to counter the pandemic, the media broadcasts fake news and vilifies affected patients even after their death.

Civil society organizations that usually work with war-affected communities are now shattered, preventing us from protesting the complete militarized handling of the pandemic.  We are powerless to gather details of those arrested and investigate the charges brought.  New gazettes and government guidelines are introduced, and we only hear about it in the media.  Parliament stands dissolved since March 2nd, due to the locked down the courts have been silent. The President alone is making all the decisions.

Although we are humbled by the service of our frontline healthcare workers and officers keeping us safe, weaponizing this virus for political purposes is not only counterproductive, it kills our humanity.  At a time when we need healing, we are socially distancing each other in our hearts and minds based on unchecked information and smear campaigns.

A year after the heinous attacks, let us collectively stand with the affected families and mourn the victims of the Easter Sunday bombings.  Let us share their loss and pray with them to honour and remember our brothers and sisters lost.  Let us also pray for those affected by the COVID-19 virus and for us to beat the even deadlier virus of racism that threatens us all.

In our lives, there are dividing lines across religion, wealth, race, social status and political ideology.  But today, we are brought together as one through COVID-19, an invisible virus capable of breaking down powerful economies, borders and walls.  The next few months will be stressful and we may lose many more precious lives.  Healthcare providers will be under incredible stress to save lives while politicians and dividers persist in cynical politics.  It is the resilience of the human spirit that can salvage us from both the pandemic and the politicking.  In some way, there is a silver lining in this dark time—by coming together through collective struggle and sacrifice, we will unite to overcome this challenge.  Let us learn that lesson today in honour of those taken away from us on 2019 Easter Sunday.

Sri Lanka stocks close down 0.60-pct, dragged by HNB and LOLC

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed down on Friday, CSE data showed, with the benchmark All Share Price Index moving down 0.60 percent.

The ASPI was down 133.22 points at 22,024.18, while the more liquid S&P SL20 was down 1.06 percent, or 67.55 points, at 6,298.02.

The ASPI ended the week up 784.53 points from last Friday.

Positive contributors to the ASPI were Dialog Axiata (up 0.40 percent at 50.20 rupees), Distilleries Company of Sri Lanka (up 0.52 percent at 58.30 rupees), Aitken Spence (up 3.60 percent at 151.00 rupees), Ceylon Tobacco Company (up 1.05 percent at 1,828.50 rupees), and LOLC Finance (up 1.96 percent at 5.20 rupees).

Hatton National Bank (down 1.88 percent at 403.75 rupees), Richard Pieris and Company (down 6.21 percent at 27.20 rupees), LOLC Holdings (down 2.17 percent at 405.00 rupees), Sampath Bank (down 1.91 percent at 154.00 rupees), and Singer (Sri Lanka) (down 2.40 percent at 77.30 rupees) were top negative contributors.

Market turnover was 3.23 billion rupees. Capital goods led turnover with 869.21 million rupees. (Colombo/Nov13/2026)

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Sri Lanka MP slams budget speech for omitting Tamil national question

ECONOMYNEXT – A Sri Lanka legislator has voiced strong disappointment that the President’s budget speech failed to make a single mention of the Tamil national question.

“It is very unfortunate that in His Excellency the President’s speech, there has not been a single word mentioned about the Tamil national question. Not a single word,” Shanakiyan Rasamanickam said.

“A budget speech generally, is a policy direction of the government for the next year. The budget speech is not only a statement of the country’s fiscal position or the economy’s position. It is the country’s, the government’s, plan, or what the government plans to do the following year. That’s a policy statement.”

Former presidents would at least mention the Tamil question even if it was not resolved, he said.

Former President Ranil Wickremesinghe in his speech, in his policy statement, he would mention: “The Tamil national question must be resolved,” Rasamanickam said.

Former Presidents Maithripala Sirisena and Gotabaya Rajapaksa also mentioned that the national ethnic question must be resolved, he added.

“Every President, every country’s Head of State, in their policy statements, have acknowledged the fact that there is an unresolved national issue, the Tamil national question, that it needs to be resolved. Various governments have proposed various mechanisms; none of them have succeeded, but at least it was mentioned.”

This year’s budget made allocations for the Office of Missing Persons, and the Office of Reparations.

“But the domestic mechanism is a mechanism that the victim community has rejected. So you all are allocating money to a mechanism where the victim community is not going to be part of.”

Last year’s budget 1 billion was allocated to be spent on the Trincomalee and Jaffna airports.

“Where was that 1 billion for the Trincomalee and Jaffna airports spent last year?”

“The trajectory of this government, Honourable Deputy Speaker, is worrying to me. It’s really worrying to me. Because if the objective is to say that there is no Tamil national question, if the objective is to say that you all have resolved any ethnic issue that this country faced, then Honourable Deputy Speaker, then I think the Tamil people will teach this government a very, very, very harsh lesson in the future.” (Colombo/Nov13/2026)

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Sri Lanka sells extra Rs6.5bn Treasury bills after auction

ECONOMYNEXT – Sri Lanka has sold 6,500 million rupees of treasury bills offered on tap at an average rate of 9.95 percent, the public debt management office said, bringing the total of bills sold in the week to 85.562 billion rupees.

The issue offered 90 billion.

Total market subscription was 6.5 billion rupees.

The debt office sold a 12-month bill at 9.95 percent.

On Wednesday (11) the debt office raised 79 billion rupees of 3, 6 and 12 month bills after offering 90 billion.

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Sri Lanka Treasury bill yields hold broadly steady, less bills sold

The settlement date is November 13. (Colombo/Nov13/2026)

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Access Engineering Sept quarter group net profit surges 200-pct to Rs4.75bn

ECONOMYNEXT — Sri Lanka’s Access Engineering PLC recorded a group net profit attributable to equity holders of Rs. 4.75 billion for the quarter ended September 30, surging 200 percent from Rs. 1.58 billion a year earlier, interim accounts showed.

Basic earnings per share rose to Rs. 4.08 for the September quarter, up from Rs. 1.58 previously.

Quarterly group revenue expanded 36 percent to Rs. 20.39 billion from Rs. 14.94 billion, underpinned by condominium property handovers — reflected in inventories dropping Rs. 7.69 billion since March to Rs. 35.71 billion — alongside strong automobile sales and steady civil engineering execution.

Cost of sales rose at a slower 27 percent to Rs. 14.34 billion, lifting gross profit by 64 percent to Rs. 6.05 billion and expanding gross margins to 29.7 percent from 24.7 percent.

Other income jumped 144 percent to Rs. 259.9 million, while administrative expenses rose 75 percent to Rs. 1.14 billion, leaving operating profit up 64 percent at Rs. 5.16 billion.

However, finance costs more than doubled, rising 107 percent to Rs. 1.18 billion on elevated group borrowings of Rs. 43.74 billion, partly offset by finance income climbing 302 percent to Rs. 42.2 million.

Share of results from equity-accounted investees rose 122 percent to Rs. 26.7 million, pushing pre-tax profit up 56 percent to Rs. 4.05 billion.

Income tax swung to a net reversal of Rs. 186.6 million from an expense of Rs. 804.1 million, boosted by deferred tax assets on unrelieved losses from a 100 percent enhanced capital allowance claimed by 60 percent-owned radiopharmaceutical subsidiary Access Medical Tracers (Private) Limited.

Total period profit rose 136 percent to Rs. 4.24 billion, with non-controlling interest declining 24 percent to Rs. 164.9 million following last year’s buyout of minority shareholders in Harbour Village (Private) Limited.

No separate exchange gain or loss was itemized in quarterly earnings, though foreign currency translation via associates recorded a Rs. 17.4 million loss in other comprehensive income, alongside USD 16.6 million in corporate guarantees.

Notes also flagged an expected Rs. 1.45 billion recovery from the terminated South Asia Commercial and Logistics Hub project, a Rs. 225 million post-quarter legal settlement already provided for, and a Supreme Court appeal over a 2011/12 PAYE tax ruling.

Group assets stood at Rs. 132.4 billion as of September 30, with net asset value per share at Rs. 46.70, as the Employees’ Provident Fund raised its stake to 5.69 percent.

Access Engineering shares closed at 80.00 rupees at the end of September and are currently trading around 85.80 rupees. (Colombo/Nov13/2026)

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Sri Lanka private sector says timely implementation of Budget 2027 key

ECONOMYNEXT – Private sector body, The Ceylon Chamber of Commerce, said it was encouraged by the broad direction of Budget 2027, noting that it reinforces Sri Lanka’s commitment to economic transformation while maintaining policy continuity, macroeconomic stability, and fiscal discipline.

“This continuity is particularly important as the country seeks to transition from economic stabilisation to a more durable, investment-led growth trajectory.”

The chamber also noted several areas where the Budget could have placed greater emphasis to strengthen the country’s growth prospects.

“In particular, there is a need for a stronger focus on attracting Foreign Direct Investment (FDI), accelerating factor market reforms, particularly in land and labour, and fast-tracking public procurement reforms to improve the efficiency and speed of project implementation.

“More targeted and actionable proposals could have been introduced to unlock the potential of sectors with significant growth opportunities, including tourism, agriculture, IT/BPO and logistics.”

The chamber said the budget contains positive measures aimed at enhancing competitiveness, and external sector resilience, while presenting opportunities for focus on sectors that can accelerate growth.

“A number of the key structural reforms identified in last year’s Budget have been carried forward and strengthened, providing greater certainty and predictability to businesses and investors.

“These include the continued implementation of the Trade National Single Window (TNSW), the phased removal of para-tariffs, the rollout of the Digital ID framework, efforts to expand market access through new Free Trade Agreements (FTAs), the strengthening of one-stop-shop investment facilitation mechanisms, progress on Customs reforms, the expansion of Bandaranaike International Airport (BIA), enhanced financing support for SMEs, and reforms relating to the management of State-Owned Enterprises.”

The CCC said that more than 20 proposals submitted by it have been reflected in Budget 2027.

These include measures to strengthen investor facilitation through the establishment of a professionally managed investment promotion agency; continued efforts to improve trade facilitation and export competitiveness; the Government’s consideration of a successor programme with the International Monetary Fund (IMF); accelerated progress on key legislative reforms; the expansion of digital government services; and the promotion of cashless payments and broader digital adoption. The Budget has also captured several priorities relating to energy security, including the accelerated deployment of Battery Energy Storage Systems (BESS) and investments in fuel storage infrastructure, initiatives to optimize underutilized agricultural land, measures to support the expansion of the digital economy and the IT/BPO sector, and tax reforms to support exporters, including the acceptance of newly VAT-registered exporters as eligible exporters.

“The inclusion of these priorities reflects the value of sustained public-private dialogue and demonstrates increasing alignment between national policy objectives and the needs of a competitive, export-oriented economy.

“The priority now must be effective and timely implementation to translate policy commitments into investment, competitiveness, exports and sustainable growth.” (Colombo/Nov13/2026)

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Sri Lanka stocks trend lower day after budget reading

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange was trending lower on Friday, CSE data showed, with the benchmark All Share Price Index moving down 0.66 percent.

The ASPI was down 146.78 points at 22,011, while the more liquid S&P SL20 was down 0.94 percent, or 59.99 points, at 6,306.

Positive contributors to the ASPI were Access Engineering (up 1.30 percent at 85.80 rupees), LAUGFS Gas (up 3.31 percent at 49.90 rupees), Ceylon Tobacco Company (up 1.13 percent at 1,830 rupees), Ceylon Cold Stores (up 0.80 percent at 126 rupees), and Namunukula Plantations (up 1.79 percent at 68.10 rupees).

LOLC Holdings (down 1.03 percent at 409.75 rupees), Hatton National Bank (down 0.61 percent at 409 rupees), Sunshine Holdings (down 3.81 percent at 30.30 rupees), and Sampath Bank (down 1.91 percent at 154 rupees) were top negative contributors.

Market turnover was 1.55 billion rupees. Capital goods led turnover with 459.57 million rupees. (Colombo/Nov13/2026)

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