SenFin Research – News Updates – 13 August 2026

*No further rate hikes this year: CBSL Governor*

The Central Bank of Sri Lanka (CBSL) sees no need for a further interest rate hike this year after its significant, 100 bps hike in May – with ongoing elevated inflation levels expected to continue before easing back towards the 5% target next year, Governor Dr P Nandalal Weerasinghe told Reuters on Tuesday.

*Source: (the morning)* https://www.themorning.lk/articles/s1ORvUIjq143riEmq6yj

*Govt approves long-term procurement of fuel*

The Cabinet of Ministers has approved the long-term procurement of Petrol 92 Unl, Murban crude oil and Diesel (0.05% M.S.) by the Ceylon Petroleum Corporation (CPC).

*Source: (the morning)* https://www.themorning.lk/articles/mEt5NFxu7TE3NDelSqqr

*Sri Lanka Customs’ July revenue exceeds target by 35.5-pct*

Sri Lanka Customs exceeded its July target by 35.4 percent, while the revenue in the first seven months of 2026 jumped around 33.1 percent compared to the same period last year, official data showed.

*Source: (economynext)* : https://economynext.com/sri-lanka-customs-july-revenue-exceeds-target-by-35-5-pct-280639/

*Domestic refinancing risk persists despite longer debt maturities: PDMO*

Sri Lanka has reduced near-term external refinancing pressure and lengthened its overall debt maturity profile following debt restructuring, but a concentration of shorter-term domestic maturities remains a key sovereign risk, according to the first Annual Report of the Public Debt Management Office (PDMO).

The Government is planning to incentivise investors in the Small and Medium Enterprises (SMEs) including tax relief for venture capital companies.

*Source: (dailyft)* https://www.ft.lk/front-page/Domestic-refinancing-risk-persists-despite-longer-debt-maturities-PDMO/44-795916

*Sri Lanka Treasury bill yields drop further, Rs140bn sold*

Sri Lanka’s Treasury bill yields dipped across shorter maturities at Wednesday’s auction, with all offered 140 billion rupees of bills sold, data from the Public Debt Management Office showed.

*Source: (economynext)*https://economynext.com/sri-lanka-treasury-bill-yields-drop-further-rs140bn-sold-280631/

*Sri Lanka rupee closes stronger at 334.20/25 to US dollar spot, bond yields drop*

Sri Lanka’s rupee closed stronger at 334.50/60 to the US dollar in the spot market on Tuesday, while bond yields dropped further, dealers said.

*Source: (economynext)* https://economynext.com/sri-lanka-rupee-closes-stronger-at-334-20-25-to-us-dollar-spot-bond-yields-drop-280646/

*Stocks close up on Wednesday, Food, Beverage & Tobacco leads turnover*

Sri Lanka’s Colombo Stock Exchange closed up on Wednesday trading, CSE data showed, with the benchmark All Share Price Index moving up 0.07 percent.

*Source: (economynext)* https://economynext.com/stocks-close-up-on-wednesday-food-beverage-tobacco-leads-turnover-280627/

*Dipped Products June quarter profit jumps 40-pct to Rs1.23bn*

Sri Lanka’s Dipped Products PLC reported a profit attributable to equity holders of the parent of 1.23 billion rupees for the quarter ended 30 June 2026. This marks a 40.4 percent increase compared to the corresponding period of the previous year.

*Source: (economynext)*https://economynext.com/dipped-products-june-quarter-profit-jumps-40-pct-to-rs1-23bn-280621/

*Prime Lands Residencies sees 98% revenue growth*

Prime Lands Residencies PLC, Sri Lankan real estate developer, reported revenue of Rs 4.59 billion (b) for the quarter, representing a 98% increase compared to Rs 2.32 b recorded during the corresponding period of the previous year. Gross profit increased by 76% year-on-year to Rs 1.21 b, while operating profit rose by an impressive 92% to Rs 857.1 m, reflecting the continued strength of the Company’s core operations.

*Source: (the morning)* https://www.themorning.lk/articles/wy6AywYmFGVp86Qbvw8z