SenFin Research – News Updates – 12 November 2026
*Sri Lanka Customs’ October revenue exceeds target by 4.9-pct*
Sri Lanka Customs exceeded its October
target by 4.9 percent, while revenue in the first 10 months of 2026 jumped
around 15.9 percent compared to the same period last year, official data showed.
*Source: (economynext)* https://economynext.com/sri-lanka-customs-october-revenue-exceeds-target-by-4-9-pct-289798/
*National Climate Finance
Strategy: Capacity gaps threaten SL’s NCA rollout*
The Sri Lankan Government is yet to
mobilise efforts towards placing value on its environmental assets, in
preparation of adopting its own Natural Capital Accounting (NCA) framework, in
line with the United Nation’s System of Environmental-Economic Accounting
(SEEA) framework, Centre for Poverty Analysis (CEPA) Senior Advisor Dr Herath
Gunatilake said on Tuesday (10), speaking at a Policy Workshop held in Colombo
by the Asian Development Bank.
*Source: (the morning)* https://www.themorning.lk/articles/yI22Ik9T4k1VVLvfrFdJ
*Investment: Public-Private
Partnership Bill gazetted*
The Sri Lankan Government has gazetted
the proposed Public-Private Partnership Bill, paving the way for the
establishment of a dedicated National Agency and a legal framework to promote
and facilitate public-private partnership (PPP) projects in the country.
*Source: (the morning)* https://www.themorning.lk/articles/U70NZMjfI0XXkzqwGWoo
*Sri Lanka’s GDP growth can mask
loss of natural wealth: Statistics Chief*
Sri Lanka’s economy can grow even as
the country depletes the forests, water resources and fertile soils that
support key industries, the head of its statistics department said, outlining
an initiative to track those losses alongside gross domestic product.
*Source: (Daily Mirror)* https://www.dailymirror.lk/business/Sri-Lankas-GDP-growth-can-mask-loss-of-natural-wealth-Statistics-Chief/215-354683
*Sri Lanka president reviews
final 2027 Budget proposals ahead of presentation*
Sri Lanka President Anura Kumara
Dissanayake has reviewed the final draft of the 2027 Budget proposals ahead of
its official presentation to Parliament tomorrow afternoon, his media division
said.
*Source: (economynext)* https://economynext.com/sri-lanka-president-reviews-final-2027-budget-proposals-ahead-of-presentation-289755/
*Govt. says 2027 Budget to focus
on economic transformation*
Finance and Planning Deputy Minister
Dr. Anil Jayantha Fernando yesterday described the 2027 Budget, to be presented
today by President Anura Kumara Dissanayake, as a long-term economic
transformation plan aimed at moving Sri Lanka towards upper-middle-income
status.
*Source: (Daily Ft)* https://www.ft.lk/front-page/Govt-says-2027-Budget-to-focus-on-economic-transformation/44-799960
*Sri Lanka central bank flags
Crosslink for unauthorized deposit-taking*
The Central Bank of Sri Lanka (CBSL)
has issued a public warning declaring that Crosslink Investment (Pvt) Ltd and
Crosslink Holdings (Private) Limited operated unauthorized deposit schemes.
*Source: (economynext)* https://economynext.com/sri-lanka-central-bank-flags-crosslink-for-unauthorized-deposit-taking-289745/
*ADB urges Sri Lanka to put
natural assets on the investment map*
Sri Lanka should factor the economic
contribution of its forests, watersheds and coastal ecosystems into decisions
on where to spend scarce public funds, Asian Development Bank (ADB) Country
Director Shannon Cowlin said.
*Source: (Daily Mirror)* https://www.dailymirror.lk/business/ADB-urges-Sri-Lanka-to-put-natural-assets-on-the-investment-map/215-354687
*Sri Lanka Treasury bill yields
hold broadly steady, less bills sold*
Sri Lanka’s Treasury bill yields held
broadly steady at Wednesday’s auction, with only 79 billion rupees of bills
sold of an offered 90 billion, data from the Public Debt Management Office
showed.
*Source: (economynext)* https://economynext.com/sri-lanka-treasury-bill-yields-hold-broadly-steady-less-bills-sold-289785/
*Sri Lanka rupee closes at
332.37/42 to US dollar spot, bond yields steady*
Sri Lanka’s rupee closed at 332.37/42
to the US dollar spot on Wednesday, from 332.33/40 the previous day, while bond
yields closed steady to lower on selected tenors, dealers said.
*Source: (economynext)* https://economynext.com/sri-lanka-rupee-closes-at-332-37-42-to-us-dollar-spot-bond-yields-steady-289792/
*Sri Lanka stocks close down
0.41-pct, banks lead turnover*
Sri Lanka’s Colombo Stock Exchange
closed down on Wednesday, CSE data showed, with the benchmark All Share Price
Index falling 0.41 percent.
*Source: (economynext)* https://economynext.com/sri-lanka-stocks-close-down-0-41-pct-banks-lead-turnover-289769/
*Dialog Axiata Sept quarter net
profit surges 62-pct to Rs9.25bn*
Sri Lanka telecommunications giant
Dialog Axiata PLC recorded a group net profit of Rs. 9.24 billion for the
quarter ended September 30, surging 62.4 percent from Rs. 5.69 billion in the
same quarter last year, interim accounts showed.
*Source: (economynext)* https://economynext.com/dialog-axiata-sept-quarter-net-profit-surges-62-pct-to-rs9-25bn-289765/
*Sri Lanka’s Odel Sept quarter net
loss widens 8.4-pct to Rs704mn*
ri Lanka fashion retailer Odel PLC
recorded a group net loss of Rs. 704.1 million for the quarter ended September
30, widening 8.4 percent from a loss of Rs. 649.3 million a year earlier,
interim accounts showed.
*Source: (economynext)* https://economynext.com/sri-lankas-odel-sept-quarter-net-loss-widens-8-4-pct-to-rs704mn-289767/
*Haycarb posts Rs. 40.6 b 1H
revenue, PBT up 75% to Rs. 4 b*
Haycarb PLC, has delivered a strong
financial performance for the six months ending 30 September 2026, recording
revenue of Rs. 40.6 billion, up 42% year-on-year, while profit before tax
increased 75% to Rs. 4.0 billion. Attributable Profit to shareholders grew 98%
to Rs. 2.5 billion, with earnings per share increasing to Rs. 8.41.
*Source: (Daily Ft)* https://www.ft.lk/business/Haycarb-posts-Rs-40-6-b-1H-revenue-PBT-up-75-to-Rs-4-b/34-799967
*InsureMe Insurance Brokers
proposes 100-for-1 share subdivision*
InsureMe Insurance Brokers PLC has
proposed a 100-for-1 subdivision of its ordinary shares, which would increase
the number of issued shares to 205.53 million from the current 2.05 million,
without changing the company’s stated capital.
*Source: (Daily Ft)* https://www.ft.lk/financial-services/InsureMe-Insurance-Brokers-proposes-100-for-1-share-subdivision/42-799974
*WindForce posts strong 1H
growth, accelerates renewable energy expansion*
WindForce PLC recorded solid financial
growth during the first half of FY2026/27, while advancing major solar, wind
and battery energy storage investments that will significantly expand its
renewable energy portfolio.
*Source: (Daily Ft)* https://www.ft.lk/business/WindForce-posts-strong-1H-growth-accelerates-renewable-energy-expansion/34-799966
