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Monday November 9th, 2026

Bar Association deafeningly silent on lawyer intimidation: Ruki Fernando

ECONOMYNEXT – The Bar Association of Sri Lanka (BASL) has been deafeningly silent on the alleged intimidation and harassment faced by rights lawyers in recent times, human rights activist Ruki Fernando said.

“The BASL calls itself the apex body of all lawyers in Sri Lanka and amongst its objectives are to promote and protect interests, welfare, rights and privileges of its members and to lobby and make representations to the legislature or other authority on behalf of the interests of the profession and the public.

“But as some of its most committed members are coming under fire for standing up for human rights, rule of law and social justice, or just simply trying to do their job, the BASL, including its Human Rights and Rule of Law Committees, are maintaining a deafening silence and appear to have subjected themselves to a self-censorship,” said Fernando.

In a statement issued yesterday, Fernando highlighted a number of instances of lawyers being subject to intimidation over the past few months.

His full statement follows:

Last month (May 2020) a Magistrate in Jaffna had withdrawn quarantine orders against the organizers of end of war commemorations, based on appeals by lawyers. At least three lawyers have faced reprisals in the days afterwards. Attorney-at-Law Mr. Roy Dilaksan’s house was reported to have been attacked by unknown persons.  Another lawyer who had appeared for the same case, saw a suspicious person hovering around his law office. Yet another lawyer who had appeared for the case was stopped by the Army while traveling home and subjected to intense questioning and intimidation.

Last year (2019), the Army requested service information from the University Grants Commission about Jaffna University academic and  Attorney-at-Law, Mr. K. Guruparan, citing cases he represents families of disappeared where the Army is implicated. This had led to a process which resulted in him being banned from practicing law while teaching. Guruparan is well known for representing the interests of victims of rights violations, in matters such as memorialization, land and enforced disappearances. Last year, he, along with another lawyer and their clients were intimidated by being photographed inside court premises by a person that was aligned with the Attorney General’s department. This year, surveillance on Guruparan has intensified. A research centre he founded and leads has also been subjected to surveillance, including visits by intelligence officers.

Over the last several years, another Northern lawyer had faced intimidation inside court premises, had intelligence personnel visiting her house to question her and had some persons crash into her car when she had left courts. She too had been appearing in courts on behalf of families of disappeared and involved in rights activism. A female activist assisting her in cases related to enforced disappearances in which Army officers are respondents, was also brutally assaulted and had to be hospitalized with injuries to the head and face.

It was also last month (May 2020) that the media reported that Attorney-at-Law, Ms. Achala Seneviratne had lodged a complaint with the Criminal Investigation Department (CID) of the police that her life is being threatened. She is also quoted as saying that a year ago, photographs of her were published and distributed over social media with what she perceived as intent to harm her professional and personal life. A year after the complaint, she has not been informed of any progress pertaining to the complaint she made to the CID. She is the lawyer representing the interests of families of disappeared in a case where 11 youth disappeared and high ranking Navy officers are implicated in the court case.

Earlier this month (June 2020), Attorney-at-Law Mr. Senaka Perera had traveled over 200km from Colombo to Polonnaruwa to obtain an affidavit from a prison inmate who is an eyewitness to a murder of a prison inmate within Mahara prison last month. Despite a long wait, prison officers did not allow Perera to obtain the affidavit. Perera is the lawyer representing the interests of the parents of the person who died within Mahara prison last month. Previously, Perera also received death threats after filing a writ petition which led to expediting investigations and subsequent prosecutions in a 2012 massacre of 27 prison inmates.

Most recently, about 2 weeks ago, Attorney-at-Law, Ms. Swasthika Arulingam was arrested and detained for several hours in Colombo. Her crime was asking why persons on the roadside were being arrested by the police.

Also this year, another rights lawyer had been subjected to intense interrogation and threatened with arrest under Sri Lanka’s ICCPR Act. The ICCCPR Act, like the Prevention of Terrorism Act (PTA), has become a repressive tool in the armory of the state intent on crushing dissent, especially due to vague and broad terminology, wide and unguided discretion offered to police to arrest and detain and powers to grant bail taken away from Magistrates.

Last week, on 26th of June, Attorney-at-Law, Mr. Saliya Peiris, a President’s Counsel, tweeted that lawyers visiting clients in Boossa remand prison (Southern province) have been compelled to have consultations with their clients in the presence and hearing of prison officials. He also mentioned that the lawyers visiting this remand prison have been subjected to extensive searching by the Special Task Force (STF) of the police. A few days earlier, another lawyer was denied access to a detainee at a remand prison in Colombo, despite widespread use of crowded public transport, gatherings in places of religious worship, weddings, funerals etc.

In April 2020, Attorney-at-law Mr. Hejaaz Hizbullah was arrested and detained. He has been denied meaningful access to lawyers, despite Sri Lankan law providing that every detainee is entitled to visits and confidential communication with his lawyers More than two months after his arrest, Hizbullah has not been produced before a Magistrate and a recent media reports quotes a CID officer telling on 17th June that they are still looking for sufficient evidence against Hizbullah.  On 24th June, a Magistrate had canceled a identification parade after Hizbullah’s lawyers pointed out that Hizbullah’s photos had already been shown to children who were expected to identify him and thus the process would be unfair, unjust and unlawful.

Junior lawyers working with Attorney Hizbullah have filed a separate fundamental rights petition, alleging that CID had searched their Law Chambers and taken two briefs into their possession, violating privileged communication between clients and lawyers. It is reported that to the best of their knowledge, there was no search warrant permitting the entry and search of the Chambers.

Lawyers who have been targeted and cited in this article include Sinhalese, Tamils and Muslims, men and women, from around Colombo and Jaffna. At least seven are Tamil and at least five are women. Most, and possibly all of these are lawyers taking up cases linked to rights violations, representing the interests of survivors of violations, victim families and challenging majoritarianism, military, politicians and state officials through their activism inside and outside courts.

There is a noticeable rise in such incidents against rights lawyers this year, but this has been a historical trend. In 2014, when I was arrested and detained, several of my lawyers came to visit me, but no one was allowed to speak to me. In 2008, a well known rights lawyer’s house was subjected to a grenade attack. In 2009, lawyers appearing for a newspaper which was consistently critical of the government and faced repeated attacks, were discredited as traitors in black cloaks. In 2013, threatening letters were sent to a group of lawyers defending the then Chief Justice who was removed from office. And back in late 1980s, lawyers faced death threats and at least two were killed,. We need to act now to prevent these happening again.

Lawyers are not above the law and they must be held accountable for any illegal activities. They, like all other professionals, must also be subjected to scrutiny and held accountable by their clients, professional bodies, media and the public. Lawyers, like anyone else, are also entitled to all human rights. Lawyers assist courts in the administration of justice by representing the rights and interests of various parties. They are duty bound to uphold the law and the constitution and are recognized as ‘essential agents of justice’. This is why unfair and unjust treatment, and publicly denying basic rights and due process to lawyers is both a breach of individual rights as well as an interference of the administration of justice. Breaching client-lawyer confidentiality and restricting access to lawyers will cause people to lose confidence in lawyers and the system of administration of justice. Arrests of lawyers for asking reasons for arrest of others, threats, surveillance on lawyers and attacks on their houses and organizations have a chilling effect on rule of law and seeking justice.

The Bar Association of Sri Lanka (BASL) calls itself the apex body of all lawyers in Sri Lanka and amongst its objectives are to promote and protect interests, welfare, rights and privileges (of its members) and to lobby and make representations to the legislature or other authority on behalf of the interests of the profession and the public. But as some of its most committed members are coming under fire for standing up for human rights, rule of law and social justice, or just simply trying to do their job, the BASL, including its Human Rights and Rule of Law Committees are maintaining a deafening silence and appear to have subjected themselves to a self-censorship.

The lawyers under fire today have defended and supported people whose freedoms, rights and dignity was being trampled on. They contributed, more broadly, to the promotion of democracy, rule of law and social justice. Tomorrow, if our rights are violated and we are subjected to injustice, we may turn to them and others like them to defend us and protect us. Today, as they remain under fire, we all have to stand with them.

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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