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Friday October 16th, 2026

Sri Lanka issues strict guidelines to be followed during temporary curfew lift

ECONOMYNEXT – Sri Lanka issued strict guidelines to be followed tomorrow during the six-hour window in which the COVID-19 curfew will be temporarily lifted for the purchase of groceries and other essentials.

“Do not confuse these temporary lifts with complete reversals, as curfew will be re-imposed once the break has lapsed,” Deputy Inspector General (DIG) Ajith Rohana said.

Rohana conducted a public awareness campaign yesterday covering all aspects of responsible behaviour in a time of public health crisis, the police said in a statement. The exercise was conducted in order to contain the spread of the novel coronavirus in the island, the release said.

Excerpts follow:

We’re now fully aware of how risky this pandemic is, especially since a country with a highly developed health services sector like Italy was also overwhelmed. The main reason for this was that the [Italian] public did not take this disease seriously until it was too late.

You may have seen on foreign media the state of all infected patients in Italy and how the health sector there is struggling to cope.

We as a nation do not wish to face such a stark situation. This was why health sector specialists and authorities in Sri Lanka issued constant advice and warnings to the public.

The decision to impose a quarantine curfew too was taken due to said reasons. However, there are instances where we will temporarily lift the curfew. 

Do not confuse these temporary lifts with complete reversals, as curfew will be re-imposed once the break has lapsed.

We expect people to try and meet only their most crucial needs at these times.

Only a single person per household must go out to shop for groceries.

The public should endeavor to return to their households immediately after.

Whoever ventures out should follow strict hygiene measures immediately upon their return.

Wash your hands with soap or an other disinfectant.

People should maintain a distance of more than one metre between one another when out in public at all times.

We request all shops, supermarkets and merchants and security personnel of all sales centers to disperse any crowds and gatherings when catering to customers. We also request them to try and limit the number of persons entering the shop at a time.

What we urge the public to understand is that the period where curfew is temporarily lifted will not be a total reversal.

This time should be used only to sort out one’s most important needs. 

From the day curfew was imposed, a huge number of people have been arrested for breaching the law. Among those people, there were many who disregarded the police’s directive of refraining from hosting or attending any kind of social gatherings and parties, etc.

We have arrested many who organised parties in various parts of the country.

It should be noted that this curfew is not an ordinary curfew where an individual would only be required to avoid stepping into the street. This curfew was imposed to keep people in social isolation.

Therefore, the police reiterates that strict action will be taken against any person who violates the curfew.

Any vehicles venturing out during the curfew will be confiscated by the police. 

We have ordered all police officers to check not only main roads but also by-roads, lanes and footpaths and arrest anyone breaking the curfew.

As a nation we have to adhere to all quarantine measures in order to control the spread of the virus. (Colombo/23Mar/2020)

Sri Lanka stocks trend up, ASPI gains 0.60-pct

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

The ASPI was up 119.48 points at 20,090.63, while the more liquid S&P SL20 was up 0.63 percent, or 36.09 points, at 5,735.11.

Positive contributors to the ASPI were Dialog Axiata (up 3.29 percent at 43.90 rupees), Commercial Bank of Ceylon (up 0.51 percent at 199.00 rupees), Sri Lanka Telecom (up 4.54 percent at 82.90 rupees), and Sampath Bank (up 1.45 percent at 140.00 rupees).

Distilleries Company of Sri Lanka (down 1.57 percent at 50.00 rupees), Ambeon Holdings (down 3.98 percent at 31.40 rupees), Tokyo Cement Company (Lanka) (down 2.28 percent at 72.80 rupees), Singer (Sri Lanka) (down 0.56 percent at 70.60 rupees), and Ceylon Tobacco Company (down 0.56 percent at 1,768.00 rupees) were top negative contributors.

Market turnover was 170.32 million rupees. Capital goods led turnover with 36.64 million rupees. (Colombo/Oct16/2026)

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Sri Lanka rupee at 331.15/25 to US dollar spot, bond yields steady

ECONOMYNEXT – Sri Lanka’s rupee was quoted flat at 331.15/25 to the US dollar in the spot market on Friday, while bond yields were steady, dealers said.

A bond maturing on 15.10.2028 was quoted flat at 10.60/70 percent.

A bond maturing on 15.06.2029 was quoted at 10.95/11.05 percent.

A bond maturing on 15.10.2030 was quoted at 11.41/45 percent, up from 11.40/45 percent.

A bond maturing on 01.12.2031 was quoted at 11.65/73 percent, up from 11.65/70 percent.

A bond maturing on 15.12.2032 was quoted at 11.75/90 percent, up from 11.75/85 percent.

A bond maturing on 15.01.2033 was quoted at 11.85/95 percent, up from 11.95/12.00 percent.

A bond maturing on 15.10.2034 was quoted flat at 12.20/30 percent.

The telegraphic transfer rate for the dollar was 326.70 buying, 335.70 selling; the euro was 363.6850 buying, 377.4658 selling; pound was 432.5942 buying, 446.7026 selling.

On the Colombo Stock Exchange the All Share Price Index was up 0.56 percent, or 111.97 points, at 20,083; while the S&P SL20 was up 0.63 percent, 35.68 points, at 5,734. (Colombo/Oct16/2026)

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Sri Lanka services expands at slower rate in September 2026: PMI

ECONOMYNEXT – Sri Lanka’s services sector expanded at a slower rate in September 2026, according to a Purchasing Managers Index compiled by the central bank, which registered an index value of 60.5, compared to 65.6 the previous month.

“Business Activity increased in September 2026, reflecting improvements across several sub-sectors, led by financial services, with notable contributions from education and professional services,” CBSL said.

New businesses increased in September 2026, registering 60.9 from August’s 60.0, due to the expansion in the financial services, with positive contributions from the insurance, education, professional, and other personal services sub-sectors.

Employment increased in September, “as firms across several sectors increased recruitment to meet operational needs and support business expansion”.

Backlogs of Work declined in the month, although at a slower rate compared to the previous month.

Broader global economic uncertainties continued to pose downside risks to the outlook, CBSL said. (Colombo/Oct15/2026)

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Sri Lanka manufacturing PMI steady at 53.0 in September, growth continues

ECONOMYNEXT – Sri Lanka’s manufacturing sector expanded at a steady rate in September 2026, registering a value of 53.0 on a Purchasing Managers Index compiled by the central bank, same as the previous month.

“This indicates that manufacturing activities continued to expand at a similar pace during the month,” CBSL said, noting the outlook remains positive, driven largely by optimism on year-end seasonal demand.

The New Orders sub-index expanded in the month, registering 51.0, attributed to positive developments in both the food and beverages and textiles and wearing apparel manufacturing sectors.

The Production sub-index also registered 51.0, for the same reason.

The Employment sub-index expanded at a slower pace, registering 52.6, from the previous 54.8.

The Stock of Purchases sub-index moderated towards the neutral threshold, “indicating broadly unchanged inventory levels during the month,” CBSL said.

Suppliers’ Delivery Times sub-index remained lengthened in September. (Colombo/Oct15/2026)

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Sri Lanka rupee closes at 331.15/25 to US dollar spot, bond yields steady

ECONOMYNEXT – Sri Lanka’s rupee closed flat at 331.15/25 to the US dollar in the spot market on Thursday, while bond yields closed steady, dealers said.

A bond maturing on 01.08.2030 closed flat at 11.35/40 percent.

A bond maturing on 15.10.2030 closed at 11.40/45 percent, up from 11.37/43 percent.

A bond maturing on 01.02.2031 closed flat at 11.45/50 percent.

A bond maturing on 15.12.2032 closed flat at 11.75/85 percent.

A bond maturing on 15.10.2034 closed at 12.20/30 percent, up from 12.12/20 percent. (Colombo/Oct15/2026)

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Sri Lanka’s Sampath Bank to raise Rs10bn in debenture sale

ECONOMYNEXT – Sri Lanka’s Sampath Bank plans to raise 10 billion rupees through the issuance of Basel III-compliant debentures, it said in a market filing.

Up to 100 million listed, rated, unsecured, subordinated, redeemable 5-year (2026/ 2031) and 7-year (2026/ 2033) instruments will be offered at 100 rupees each.

The proposed instruments will carry a non-viability conversion feature, the company said.

Initially 70 million debentures will be issued, and another 30 million in the event of an oversubscription of the initial issue.

Fitch rates Sri Lanka Sampath Bank’s Rs10bn debenture issue A(lka)

The issue has received CSE approval.

The subscriptions list opens on October 20. (Colombo/Oct15/2026)

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