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Echelon Magazine - January 2026

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Echelon Magazine Description:

الناشر: Capital-Media-(Pvt)-Ltd

فئة: Business

لغة: English

تكرار: Monthly

Intelligent Storytelling

The one thing that will define the Echelon magazine will be the quality of the storytelling. Echelon,published monthly, will cover in depth Sri Lanka’s most successful businesses, examine their winning strategiesand profile their leaders in immersive stories. Great stories are also never limited to words, and our approach includes rich photography, bold graphics and leading edge design which together will make for a compelling read.

But business doesn’t start and end in a boardroom;it extends to the golf club greens, to international travel and to pursuits that blurthe lines between commercial venture and sheer passion. The Echelon team will present the best in business and lifestyle coverage that will appeal to an exclusive and affluent readership: an otherwise hard to reach demographic.

Content will be developed by one of the most experienced and proven teams of editors, financial journalists, photographers and designers in the country.This team has already raised the bar for powerful and expertly crafted business news. Shamindra Kulamannage, will lead the editorial team.

The reputation of Echelon is being built on the separation between editorial and advertising. However we are also looking for the most creative and impactful new formats that can be applied in our magazines, iPad app as well as website to help our clients reach our audience. We are flexible and creative and we will have a solution for every single advertiser who wants to reach our audience.

We are passionate about creative results and about working with our advertisers to help them create bespoke multi platform creative solutions with our in house creative team and of course our sales team.

Echelon will be a great place to show off the products and capabilities of our clients because they will be surrounded by an editorial product that is expertly crafted, full of integrity and intelligence.

في هذا العدد

Equity in 2026: Reconstruction, Rerating and the Return of Hard Work For the past two years, Sri Lanka’s stock market has rewarded almost any optimism. Falling interest rates, a stabilising economy and a revival in earnings made even a sloppy portfolio look clever. In 2026 that luck will run out. The cyclone is a reminder that shocks still arrive; the more important lesson is that the equity story now hinges less on direction and more on dispersion. This will be a stock-picker’s market. Cyclone Ditwah’s hit to the economy will be short-lived—measured in months, not quarters. Reconstruction is unambiguously pro-cyclical: it mobilises contractors, materials, wages and, eventually, consumption. But it would be remiss to confuse a benign backdrop with effortless returns. The market has already rerated: from roughly 8 times trailing earnings early in 2025 to around 11–12 times by the year’s end. Further multiple expansion will be selective and conditional—reserved for firms that can prove, quarter by quarter, that earnings justify richer valuations. Where will that proof appear? The obvious candidates are in construction and building materials, where overcapacity has lingered, and volumes could jump as rebuilding absorbs slack. Consumer names may recover later, helped by wage increases and rising real incomes, but the path will be uneven. Banks, still the market’s bellwether, look set for respectable rather than spectacular growth as credit momentum cools and easy impairment reversals fade. The conclusion is uncomfortable but useful: in 2026, doing well will require doing the work. Buy earnings momentum, not headlines. Avoid the herd.