CMA Sri Lanka will host the National Management Accounting Conference 2026 on 20–21 July at Cinnamon Life, Colombo; Prime Minister Dr. Harini Amarasuriya will be Chief Guest and Prof. Dale Pinto will deliver the keynote. The event will focus on management accounting's role in crisis management, stability and growth.
Odel founder Otara Gunewardene will be a keynote speaker at the BNI Sri Lanka National Conference on 24 July at Cinnamon Lakeside Colombo. The event will also feature Zoho director Rajendran Dandapani and aims to connect SMEs through networking and leadership sessions.
The Sri Lanka-USA Business Council will host 'The IP Trade Corridor' breakfast forum on 22 July 2026 in Colombo to discuss strengthening the US–Sri Lanka economic partnership through intellectual property protection for exporters, manufacturers and IT/creative firms.
Asiri Surgical Hospital (AMSL.N0000) performed Sri Lanka's first robot-assisted surgery on 13 July 2026. The hospital says the robotic platform enables greater precision, smaller incisions and quicker recovery, bringing advanced surgical capability to patients locally.
The Association of Human Resource Professionals (AHRP) celebrated its Silver Jubilee, urging government–industry–education collaboration to build an AI- and skills-driven workforce; LinkedIn said 68% of Sri Lankan professionals expect to seek new jobs in 2026 and talent outflow fell 45% (55,358→24,887).
IT & Digital
Ada Derana·Jul 20, 2026·Award or certification·PLRPositive
Prime Lands Residencies PLC won the Silver Award for Best Use of Account-Based Marketing at the Hashtag Asia Awards 2026. The award recognises its "Prime 365: Always-On. Always Ahead." campaign and highlights the company's digital marketing leadership in Sri Lankan real estate.
Foreign investors bought a net US$23.2mn of Sri Lankan rupee government bonds in the week to July 16, lifting foreign holdings to Rs 176,561mn — the highest since July 27, 2023. The inflow comes amid a 100bp May policy-rate hike and recent rupee stabilization.
Dambulla Sixers will launch a nationwide cancer awareness campaign as LPL 2026 opens, beginning with a visit to children at Suwa Arana on 17 July and culminating in a Pink Match on 19 July to promote breast cancer early detection and raise funds for the Indira Cancer Trust.
India has amended its tax treaty with Sri Lanka to include a Principal Purpose Test (PPT), with the protocol notified June 19 and applying in India to income derived from April 1, 2027. The PPT empowers tax authorities to deny treaty benefits where arrangements are designed primarily to obtain tax advantages rather than genuine commercial substance.
Samsung Electronics America will reduce its workforce by 739 jobs in Englewood Cliffs, New Jersey, per a WARN notice, as the unit prepares to relocate its U.S. headquarters to Texas by year-end; the company says most affected employees were offered relocation.
Sri Lanka launched the "Buddha Wandana" Buddhist Trail tour package on 16 July to attract pilgrims from Viet Nam ahead of direct flights starting 18 August 2026. The government-backed initiative aims to boost rural tourism, support local SMEs and deepen cultural tourism links with Viet Nam.
The Exporters Association of Sri Lanka urged the government to adopt a transparent, risk-based approach and publish operational guidelines before enforcing new import rules banning goods linked to forced labour, warning unclear procedures could disrupt trade and raise compliance costs.
KPMG says Sri Lanka's credit rebound faces a major test after the Central Bank raised the policy rate by 100 basis points to 8.75%, a move expected to moderate private-sector credit growth. Lower fuel and vehicle imports, resilient remittances and stronger tax revenue are seen supporting a return to a current-account surplus and fiscal consolidation.
Interest RatesRupee & ForexFuel & Energy PricesConstruction Activity
Government plans to invest Rs. 382 billion in the education sector over 2027–2031 and will prioritise greater funding for vocational education in the 2027 Budget. The 2026 education allocation was Rs.303 billion (Rs.160b general, Rs.122b higher, Rs.20b vocational); officials also noted a proposed Digital Transformation Project and school rehabilitation works.
Sri Lanka welcomed 9,122 tourists in the first 15 days of July 2026, bringing cumulative 2026 arrivals to over 1.23 million (YTD arrivals 2% below last year). India remained the top source market with 314,163 visitors year-to-date.
Asian stocks fell after a major selloff in semiconductor and AI-related stocks, with Japan's Nikkei plunging about 6% to below 65,000 and China's Shanghai Composite and Hong Kong's HSI also sliding. US equity futures pointed to further losses and the yen weakened toward 162.5 per dollar.
Intex and InMac trade shows will be held 5–7 August 2026 at BMICH, Colombo, hosting over 300 international companies to help drive Sri Lanka's apparel export target of $8bn by 2030. The events will showcase fibres, fabrics, garment machinery, automation and seminars on sustainability and digital transformation.
Nojili Group CEO L.A.D. Palitha completed a business development visit to Myanmar (11–17 June 2026) to explore collaboration in gemstones, jewellery, tourism and investment. Meetings in Yangon and participation in the UMTA Travel Fair focused on eco-, cultural- and heritage-tourism and trade partnerships.
Sri Lanka's High Commissioner and the Federation of Malaysian Sri Lankan Organisations agreed to strengthen engagement to promote tourism and investment, exploring direct Malaysia–Northern Province air links and projects including hotels, golf, leisure and theme-park developments.
David Pieris Group will launch a five-day Social Empowerment Drive in Batticaloa from 15–19 July 2026. Activities include a public five-day trade fair featuring group companies, skills and entrepreneurship programs, traffic awareness, vehicle emission testing and Green Climate Action initiatives.
FACETS Sri Lanka 2027, the 34th annual international gem and jewellery exhibition, will be held 4–6 January in Colombo and will bring over 100 exhibitors and buyers from the USA, Europe, the Middle East, India, China and other markets. Organisers say the event aims to boost SME exporters, sustainable sourcing and market access for Sri Lankan gem and jewellery businesses.
Colombo's ASPI fell 1.7% this week while turnover hit a 65-week low of about Rs. 722.64 million; top drags on the index included John Keells (JKH), PKME and NDB. Banking led turnover (notably Sampath Bank) and activity was concentrated in capital goods, food & beverage and energy names.
IT & DigitalConsumer Staples (FMCG)Fuel & Energy Prices
Sri Lanka gazetted an immediate ban on importing goods wholly or partly produced with forced labour on July 10, 2026, to avert a threatened 12.5% U.S. tariff under Section 301. Exporters—especially apparel, textiles and agricultural producers—now face stricter certification, higher compliance costs and potential supply-chain delays.
Sri Lanka's rupee closed at 336.15/25 to the US dollar in the spot market on Friday, while selected government bond yields edged slightly higher on several tenors (e.g., 15.09.2027 at 10.35/40%, 15.10.2030 at 11.60/65%).
Rupee & ForexInterest Rates
EconomyNext·Jul 17, 2026·Regulatory or legalNegative
The Exporters Association of Sri Lanka urged the government to publish clear, risk‑based operational guidelines and hold stakeholder consultations for newly gazetted regulations banning imports linked to forced labour, warning that unclear procedures could raise compliance costs, delay shipments and disrupt legitimate trade.