Sri Lanka welcomed 34,721 tourists in the first six days of July, a 3.6% YoY decline, while YTD arrivals stand at 1.18 million, 2% below the same period in 2025. The country is targeting 3 million arrivals and $4 billion in tourism earnings for 2026, requiring stronger momentum in H2.
President Anura Kumara Dissanayake pledged the largest-ever Budget allocation for drinking water projects in the 2027 Budget. He reviewed 2026 project progress, urged consolidation of overlapping institutions, and instructed expedited resettlement and low-income housing support, citing Kandy North, Greater Colombo wastewater, Ambatale and Anuradhapura North projects.
Heads of the IEA, IMF, World Bank and WTO said the war in the Middle East is straining energy, trade and food security and pledged coordinated support and readiness to act. They noted fuel and fertilizer prices have fallen since June but uncertainty and transit strains persist.
People's Leasing & Finance PLC posted PAT of Rs.5.08bn (41% YoY) and PBT of Rs.8.56bn for FY2025/26, with total assets up 65% to Rs.321.23bn; the annual report also highlights new AI-powered and digital reporting features.
Asian shares rose as semiconductor stocks rebounded while Brent crude jumped to about $78.65/bbl after renewed Gulf hostilities, pushing up global bond yields and increasing markets' bets on further Fed rate hikes.
Interest RatesFuel & Energy PricesIT & DigitalGold & Pawning
Sri Lanka's rupee weakened to 336.65/75 per US dollar (from 336.00/30) and government bond yields rose, with the 01.08.2030 quoted at 11.38/45% (up from 11.30/35%).
The Ceylon Chamber of Commerce's Commercial Documents Registration Division has launched a Free Sale Letter service to help Sri Lankan pharmaceutical manufacturers and exporters meet international compliance requirements. The service expands CDRD's trade documentation offerings, including Certificates of Origin and support via the e-DAS system.
The Ceylon Chamber's Commercial Documents Registration Division introduced a Free Sale Letter for pharmaceuticals to expand export documentation support for Sri Lankan pharmaceutical manufacturers and exporters. The division also issues Certificates of Origin and other certified export documents via a 24/7 e-service and e-DAS attestation.
DarazMall's opening of Daraz Sri Lanka's 7.7 Super Savings Sale drove nearly 10x sales growth for official brand stores; participating brands saw ~8x orders, store visits rose 5x and average order value increased threefold.
FTZ Toastmasters Club has launched a membership drive across Gampaha District targeting school leavers, university students, entrepreneurs and professionals to build communication, public speaking and leadership skills. Established in 2005, the club uses the Toastmasters educational programme and cites several distinguished alumni.
Maliban renewed its title sponsorship of the S. Thomas' College Hockey Programme for another year, continuing support after a strong 2025 season and backing youth development and school hockey fixtures.
Consumer Staples (FMCG)
Ada Derana·Jul 9, 2026·Promotional / marketing·SEYBPositive
Seylan Bank (Seylan Cards) was the Title Partner of Pickleball Slam 2026, sponsoring the event to promote lifestyle and wellness and to engage existing and potential cardholders.
Access Solar and Access Real Estate have named javelin thrower Rumesh Tharanga as their corporate brand ambassador in a sponsorship running through the 2028 Olympic Games. The partnership will provide financial and logistical support for Tharanga and his coach and is presented as part of the Access Group's commitment to sports development.
Computer Society of Sri Lanka (CSSL) marked its Golden Jubilee on 7 July 2026 at BMICH, celebrating 50 years and reaffirming its commitment to advance Sri Lanka's digital future through skills development, AI, cybersecurity, digital governance and stronger government–industry collaboration.
Sri Lanka Insurance Life declared a Rs. 14.68 billion bonus to policyholders for 2025, the largest annual life-insurance bonus in Sri Lanka. The company reported PBT of Rs. 4.3 billion, GWP of Rs. 32.6 billion (+24% y/y), assets of Rs. 275 billion and a Life Fund of Rs. 247 billion.
Smart Media was appointed a Global Training Partner to the IFRS Foundation for ISSB Disclosure Training, enabling it to deliver official IFRS Foundation-developed training globally and serve as the official Jurisdictional Training Partner for Sri Lanka.
Connect to Care Consulting registered as a Voluntary Social Services/NGO and completed a governance and institutional-strengthening programme, including new board appointments. The organisation also implemented Microsoft Dynamics and Asana to upgrade financial management and programme delivery.
The 14th World Construction Symposium and Sustainability Awards Scheme 2026 will be held at the Hilton Colombo on 10–11 July, attracting over 100 research paper submissions and industry participants. The events will showcase innovation and honour achievements across Sri Lanka's construction sector.
Court ruled that Baby Cheramy has exclusive ownership of its brand and intellectual property, finding the similar 'Baby Sherami' imitation violates its rights and affirming protection against unauthorised use.
Smart Quest Ltd. marked its 20th anniversary and launched The Growth Circle, a facilitated team experience, and pre-launched 'Rooted', a leadership book by founder Andrea Jayatilleka aimed at supporting trust and conscious leadership in working teams.
Bank of Ceylon introduced BOC Flex and Lanka QR payment solutions to indigenous entrepreneurs in Dambana, enabling immediate digital payments credited to BOC accounts to boost financial inclusion and market access.
Fintrex Finance PLC appointed Nirodha Kalansooriya as a Director. Kalansooriya is an Attorney‑at‑Law with senior legal experience at Sampath Bank PLC and Nations Trust Bank PLC and is expected to strengthen the board's legal, governance and financial‑sector expertise.
SLID Chairman Dinesh Weerakkody and CEO Anitra Perera met SEC Chairman Prof. Dissa Bandara to discuss enhanced collaboration to strengthen director bench strength, boardroom capabilities and capacity-building, and to promote the Sri Lanka National Corporate Directors Summit 2026 to boost governance and investor confidence.
Pan Asia Banking Corporation (PABC.N0000) launched 'Remit Max' on 3 July 2026 in Kurunegala, introducing a Remit Max Savings Account and a Remit Max Pre-Departure Loan Facility for migrant workers. The suite is designed to encourage formal inward remittances and provide pre-departure financing for prospective overseas workers.
Sri Lanka's ASPI fell 0.49% to 21,720.92 midday; HNB Finance listed 381,667,019 new ordinary voting shares and 80,072,222 non‑voting shares from its rights issue. Malwatte Valley Plantations and Seylan Bank were among gainers while Melstacorp was a top decliner.
SLID will host the Sri Lanka Corporate Director Summit 2026 on 22 July at the Cinnamon Grand, headlined by Prof. Sir Nishan Canagarajah and World Bank Global Head of Talent Edith Umole. Keynotes will focus on boards leading through technology, innovation and talent/succession planning.