Colombo Stock Exchange traded higher Thursday morning, with the ASPI up 29.70 points (0.14%) to 21,447.50 and market turnover of LKR 229 million, led by banks (LKR 74.9 million). Lanka Realty Investments received LKR 1.05 billion from Lee Hedges for the final balance on its 51% stake sale, and Asia Asset Finance announced a LKR 0.70 fixed non‑cumulative preference dividend per share.
BrandRadar (Roar Global) released "The State of AI Visibility in Sri Lanka 2026", a three-month study of 198 brands across six industries showing editorial authority and third-party citations strongly predict AI visibility. The report finds Toyota and BYD scored above 89 across platforms while some brands (e.g., Ceylinco General Insurance) show large visibility variance between AI systems.
IT & DigitalTourism
Daily FT·Jul 16, 2026·Award or certification·CDBPositive
Citizens Development Business Finance PLC (CDB) has joined the Partnership for Carbon Accounting Financials (PCAF), becoming part of a 700+ member network to measure and disclose GHG emissions from its lending and investment portfolio and align with SLFRS S2 reporting.
Colombo's ASPI fell 0.03% to 21,417.80, extending a third straight day of losses on profit taking and net foreign outflows of Rs.36.7m. Banking led turnover (27%) while Haycarb, Chevron Lubricants, John Keells and Hayleys were among top contributors.
Amana Bank (ABL.N0000) opened its 47th Self Banking Centre in Warakapola, offering 24/7 cash withdrawals, cash and cheque deposits and bill payments to the local community.
Bank of Ceylon launched BOC Flex Tap & Pay on 9 July 2026, introducing Sri Lanka's first mobile banking wallet-based contactless payment solution with virtual cards for NFC POS and online payments and features like auto top-up and card management.
Ceylinco Life hosted over 1,000 policyholders and family members—more than 270 families—from across Sri Lanka at Pearl Bay as part of its 'Family Savari' promotion, providing complimentary entry, meals and transport with sponsored overnight stays for long-distance guests. The event is part of the long-running loyalty programme serving tens of thousands of policyholders over nearly two decades.
Sri Lanka's Treasury bill yields fell at Wednesday's auction and all Rs120 billion offered were sold. The 3-month was down 8bps to 10.13% (Rs55bn sold), the 6-month down 3bps to 10.27% (Rs35bn) and the 12-month down 1bp to 10.20% (Rs30bn).
Sampath Bank (SAMP.N0000) will list Rs10 billion of Basel III-compliant tier-2 green bonds, offering 13.00% and 13.25% coupons for 5- and 7-year maturities; Fitch assigned the issue a final National Long-Term Rating of A(lka). Subscription opens July 17.
Sri Lanka's rupee traded at 336.35/50 to the US dollar on Wednesday, slightly weaker than the prior day's 336.00/20, while government bond yields were largely steady. Rs. 120,000 million of Treasury bills are scheduled for auction on July 15.
Asian stocks rallied after U.S. CPI fell 0.4% in June and annual core inflation eased to 2.6%, cutting rate-hike odds and sending two-year Treasury yields down 11bp to 4.19%. Oil steadied around $85.80/bbl and China's Q2 GDP slowed to 4.3%.
Interest RatesFuel & Energy PricesIT & DigitalExporters
Three correspondent banks in the US, UAE and Vietnam rejected a fraudulent $1.3m government debt payment before scammers' revised instructions enabled part of a $2.5m Treasury phishing fraud to succeed, MPs heard. The Central Bank said it alerted the Treasury each time but had no statutory duty to file suspicious-transaction reports; the committee is probing payment governance and the PDMO handover.
Government set a 2027 primary expenditure ceiling of Rs.5.064 trillion (12.9% of GDP) and projects the budget deficit will narrow to 4.5% of GDP in 2027, targeting a primary surplus of 2.6% of GDP from 2027 onwards.
Commercial Bank will open subscriptions on 16 July for up to Rs.20bn of Basel III-compliant subordinated debentures and Sampath Bank will open on 17 July for up to Rs.10bn of Basel III-compliant Tier-2 green bonds. Commercial Bank offers 5/7/10-year series at 13.00–13.25%; Sampath offers 5- and 7-year series at 13% and 13.25%.
Interest Rates
Daily FT·Jul 15, 2026·Management or board change·SHOT
Serendib Hotels PLC appointed banking veteran Janakan Selvaratnam as an Independent Director. He has 25 years at Citibank Sri Lanka, consults to Sampath Bank's Board Credit Committee, and serves on the boards of Eden Hotel Lanka and Palm Garden Hotels.
The Cabinet approved a five-year National Policy (2026–2030) to prevent money laundering, counter terrorist financing and combat financing of WMD proliferation. The policy follows the Central Bank FIU's 2024–25 national risk assessment aligned with FATF standards and aims to strengthen coordination and preventive measures.
Ada Derana·Jul 15, 2026·Promotional / marketing·LOLCPositive
LOLC Holdings PLC held a strategic engagement with the National Bank of Rwanda to support financial inclusion and expand LOLC Unguka Finance's growth in Rwanda, including cooperation on MSME development and green finance initiatives.
Sri Lanka stocks closed flat as the ASPI rose 0.01% to 21,426.43, with banks leading turnover at 327.4 million rupees. Haycarb, John Keells and Ceylon Cold Stores were top gainers while HNB, Central Finance and Commercial Bank were top decliners; Digital Mobility Solutions disclosed ESOP allotments and its shares closed down 0.30%.
IT & DigitalConsumer Staples (FMCG)
Ada Derana·Jul 15, 2026·Promotional / marketing·CINSPositive
Ceylinco Life hosted over 1,000 policyholders and family members at Pearl Bay under its 'Family Savari' loyalty promotion, providing complimentary entry, meals and transport (including accommodation for long-distance attendees).
Colombo Stock Exchange rose as the ASPI gained 0.39% (83.87 pts) to 21,508.86, with banks leading turnover at Rs 41.8 million. Dilmah Ceylon Tea Company proposed a first and final dividend of Rs 25 per share for the year ended March 31.
LOLC Holdings PLC's fully owned subsidiary LOLC Microfinance Bank Pakistan inaugurated a new head office in Islamabad as it expands operations, managing a loan portfolio exceeding $70m, deposits over $90m and a network of 88 branches.
Corporate Management Consultants will hold a seminar on compliance with Beneficial Ownership provisions under the Companies Act No. 12 of 2025 for Company Secretaries. Speakers include LOLC General Insurance PLC Chairman Kithsiri Gunawardene, the Central Bank FIU DG and officials from the Registrar of Companies.
Rs.120 billion Treasury Bill auction scheduled today as secondary bond market activity picked up and yields compressed; money-market rates edged down and USD/LKR closed at 336.30/336.40.
SLIIT Business School study finds many Sri Lankan shoppers still prefer cash-on-delivery due to security, privacy and payment concerns, creating a digital trust gap that may hinder e-commerce growth. The study urges stronger payment security, data protection, authentication and multi-stakeholder collaboration.
Sri Lanka's rupee closed flat at 336.00/20 to the US dollar while government bond yields rose across maturities (e.g., the 15.09.2027 bond at 10.35–10.50%). Rs.120,000 million in Treasury bills will be auctioned on July 15.
Sri Lanka's Colombo Stock Exchange closed down: ASPI fell 0.50% to 21,424.71 with market turnover of Rs.1.089 billion and banks leading turnover at Rs.221.1 million. Merchant Bank (MBSL) set a rights reference price of Rs.0.30 and its stock closed down 5.31% at Rs.10.70.