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Friday November 13th, 2026

How Sri Lankans got essential items during Covid-19 curfew and future expectations

ECONOMYNEXT – These are the results of a survey commissioned by The Department of Transport & Logistics Management of the Faculty of Engineering, University of Moratuwa in April 2020 when Sri Lanka was under Coronvirus curfews by Amal S Kumarage, Mavin De Silva and Dr. H. Niles Perera

Results of a Survey: How Sri Lankans obtained essential items during curfew due to COVID-19 and their views on future impact on travel and online purchases

Sri Lanka was introduced to an unnamed virus on 27th January 2020 when a Chinese tourist was diagnosed as having this new virus.

Within 8 weeks, the virus named COVID-19 had begun infecting the local population and the Government was taking steps to prevent its spread in Sri Lanka. It imposed an all island curfew on 20th March 2020. Starting from 20th March, the Government encouraged Work-from-Home and allowed agricultural activities while imposing restrictions on all physical movements.

With curfew the government allowed distribution of essential items and goods transport through the issue of curfew passes. In spite of these measures people faced many hardships during this time.

This survey was commissioned by the Department of Transport & Logistics Management of the Faculty of Engineering, University of Moratuwa, on 12th April and completed on 20th April, during a period that the country was having almost curfew.

The purpose was to determine the impact that the steps taken by Government had on the life of the people and their impressions on the future. Over 1100 respondents from all parts of the country took part in the online and email survey.

As this would return an obviously biased sample, the data was normalized for across the districts and by educational profile to make the representation as accurate as possible. The analysis led to the following 12 noteworthy findings that would be useful for any future emergency or return to curfew if the need so arises.

1. Working from Home

It was found that prior to COVID-19, only 21% were allowed to work from home by their employers, this doubled to 46% during the curfew. Of this, 35% were working all 5 days or more which was a significant increase from the 8% previously. However, there was very few people who worked for less than 5 days. It appears that while some people were fully engaged working from home, others were not engaged at all.

2. Overall Impact on Households

Most households indicated that they were affected by the inability to travel, with a majority of households indicating an impact of 80% from normal or more.

On the other hand, as shown in Figure 1, the impact on household income has been more uniformly spread out with almost equal spread of the degree of impact across households. Access to essential items was also not reported to be acute with the majority indicating moderate to high impact levels.

Figure 1: Impact of curfew on access to selected needs

3. Those in Informal Employment were Most Affected?

An attempt to correlate the degree of impact on income shows a strong relationship (92% R squared) with the percentage of population engaged in informal employment.

An almost identical relationship was observed for the impact on accessing essential items indicating that those in informal employment were the worst affected in both the loss of income and in facing difficulties in accessing essentials items.

This could be due to lack of employment status and inability to get online services, credit, etc. commonly associated with informal and temporary employment.

4. What Goods were most inaccessible?

In terms of accessing essential goods during the COVID-19 related curfew, it was observed that around 2/3rd of all households experienced difficulties.

The difficulty was least for perishable goods (58%), dry goods (59%), protein (64%), medical (65%), banking services (68%) and medical services (69%), household repairs came in at 75% as being the most difficult.

Figure 2: Accessibility to goods and services during the curfew

5. Online Services

The proportion of people using online service increased in almost all sectors though recording relatively smaller gains in medical services and banking sectors as such services were already available online.

The largest gains were however in the purchase of dry goods, perishables, and medicine where the use of online services was reported as being doubled or tripled.

6. Purchase of Essential Items

It was also found that the most frequent method of purchasing perishables and proteins was from street vendors, but in all other items, visiting the outlet physically was the most frequent method of purchasing essentials.

7. Stock Levels

It was found that households on average before COVID-19, were stocking up around 3-4 days of perishables and proteins.

During the lock down this increased to around 4-5 days. In the case of dry goods this increased from 8 days to 14 days, while for medicine it increased from 13 days to 19 days.

Figure 3: Average days of stocking up for groceries before/during the COVID-19 outbreak

8. Travel to Work

Respondents agreed or strongly agreed that work related travel would be affected within the 1st month after restrictions and curfew is lifted, while they reacted as disagreed to strongly disagreed that it would have an impact after one year.

9. Social Travel

Respondents believed that visiting friends and relatives would be strongly impacted during the first month of restrictions been lifted, while there was strong disagreement that it would stay that way after one year.

10. Use of Public Transport

The highest degree of agreement was that public transport would be still affected after one month with a considerable shift in opinion by disagreeing or strongly disagreeing that it would remain the same after one year.

11. Use of Taxis and Three Wheelers

The response to the use of taxis and three wheelers was almost identical to that of public transport indicating public perception that they were equally vulnerable.

Figure 4: Respondents perception on decrease in use of taxis and three-wheelers after the curfew

12. Online Purchases

In the case of online purchases, there is less evidence that people would continue to use them one month after curfew was lifted and even less so after one year indicating that the increase is unlikely to be sustained under normal circumstances.

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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