SenFin Research – News Updates – 19 June 2026
Sri Lanka govt revenue collection outperforms; achieves over 50% growth
Sri Lanka’s government revenue collection by all three major tax collecting agencies have outperformed up to June 8, 2026 and expanded more than 50 percent compared to the same period in last year, the island nation’s Finance Ministry data showed.
Source: (economynext) https://economynext.com/sri-lanka-govt-revenue-collection-outperforms-achieves-over-50-growth-275864/
Lanka records 11 straight quarters of growth since mid-2023
Sri Lanka’s economy has expanded for 11 consecutive quarters since the second quarter of 2023, marking a sustained recovery from the unprecedented economic crisis of 2022, according to a senior Central Bank official.
Source: (Daily News) https://dailynews.lk/2026/06/19/business/1012962/lanka-records-11-straight-quarters-of-growth-since-mid-2023/
Oil prices fall, stocks rally
Oil prices have dropped following the United States and Iran’s signing of an interim peace agreement, resuming a slide interrupted by US President Donald Trump’s warning that he could restart his military campaign.
Source: (the morning) https://www.themorning.lk/articles/oCyb9OMSSDIFvozX0J7N
Sri Lanka, EM banks face outlook strain on Iran war, oil risk: Fitch
More emerging market outlooks are deteriorating as the US–Iran war disrupts oil supplies, hitting APAC banks in the Philippines and Sri Lanka, Fitch Ratings has said.
Source: (economynext) https://economynext.com/sri-lanka-em-banks-face-outlook-strain-on-iran-war-oil-risk-fitch-275805/
Sri Lanka reviews implementation of projects under 2026 budget amid delays
Sri Lanka’s top government official reviewed the implementation of ministry-level projects and key policy initiatives under the 2026 budget proposals, the President’s Media Division said, amid delays in capital investment projects.
Source: (economynext) https://economynext.com/sri-lanka-reviews-implementation-of-projects-under-2026-budget-amid-delays-275873/
US and Iran end war
The US and Iran have signed an agreement aimed at ending more than three months of hostilities and creating a framework for a broader settlement, marking a potentially significant de-escalation in one of the world’s most closely watched geopolitical confrontations.
Source: (Daily FT) https://www.ft.lk/front-page/US-and-Iran-end-war/44-793493
Iran war casts fresh shadow over Sri Lanka’s recovery
Sri Lanka’s fragile economic recovery faces renewed external headwinds after Fitch Ratings downgraded its outlook on a growing number of emerging market sectors, warning that the ongoing Iran conflict is weakening growth prospects, fuelling inflation and increasing financial risks across developing economies.
Source: (Daily Mirror) https://www.dailymirror.lk/business/Iran-war-casts-fresh-shadow-over-Sri-Lankas-recovery/215-343337
Middle East conflict puts global spotlight on Colombo Port, World Bank tells government
The ongoing conflict in the Middle East has placed the Colombo Port under increased global attention, prompting the World Bank to urge the Sri Lankan government to exercise great care in its future development and management.
Source: (Daily Mirror) https://www.dailymirror.lk/business/Middle-East-conflict-puts-global-spotlight-on-Colombo-Port-World-Bank-tells-government/215-343333
Sri Lanka rupee closes at 333.90/334.20 to US dollar spot, bond yields down
Sri Lanka’s rupee closed at 333.90/334.20 to the US dollar in the spot market on Thursday, from 333.90/334.25 the previous day, while bond yields closed down, dealers said.
Source: (economynext) https://economynext.com/sri-lanka-rupee-closes-at-333-90-334-20-to-us-dollar-spot-bond-yields-down-275879/
Sri Lanka’s stocks close up; foreigners sell
Sri Lanka’s Colombo Stock Exchange edged up 0.22 percent on Thursday despite foreign selling, official data showed.
Source: (economynext) https://economynext.com/sri-lankas-stocks-close-up-foreigners-sell-275871/
Softlogic Life to acquire 60% stake in Bangladesh insurer for $ 1.9 m
Softlogic Life Insurance PLC has signed a Share Purchase Agreement to acquire a 60% stake in Bangladesh-based Diamond Life Insurance Company Ltd., for approximately $ 1.9 million, marking the company’s entry into the Bangladeshi life insurance market.
Source: (Daily FT) https://www.ft.lk/front-page/Softlogic-Life-to-acquire-60-stake-in-Bangladesh-insurer-for-1-9-m/44-793495
Sri Lanka’s Hela Apparel Holdings stock trading suspended
Trading of Hela Apparel Holdings shares on Sri Lanka’s stock exchange was halted on Thursday, after the company failed to rectify an audit concern, the market said.
Source: (economynext) https://economynext.com/sri-lankas-hela-apparel-holdings-stock-trading-suspended-275823/
