SenFin Research – News Updates – 29 July 2026

SenFin Research – News Updates – 29 July 2026


Sri Lanka to regulate crypto assets, names SEC as regulatory authority
Sri Lanka has approved a proposal to designate the Securities and Exchange Commission (SEC) as the official regulator for Virtual Assets and Virtual Asset Service Providers (VASPs), moving to bring crypto trading and digital asset platforms under formal oversight.
Source: (economynext) https://economynext.com/sri-lanka-to-regulate-crypto-assets-names-sec-as-regulatory-authority-279516/

Good governance: ‘Inflation, debt market failures notable’
Though Sri Lanka introduced independence to the Central Bank, alongside a separate public debt office in its pursuit of good governance, its agencies have not prioritised competence, particularly with regards to inflation targeting and interest rate spread, Verité Research Founder and Head of Research Nishan De Mel said.
Source: (the morning) https://www.themorning.lk/articles/4X5rfFybX0f2EyEhAo4E

Tourism development: State properties to be leased
Sri Lanka’s Cabinet of Ministers have granted approval to lease several under-utilised Presidential residences to private investors on a long-term basis for tourism development projects
Source: (the morning) https://www.themorning.lk/articles/c8oK0zFNhclnzz7bqjlV

Secondary market remains subdued as T-Bill auction yields continue to ease
Similar to the previous trading session, the secondary yield curve experienced a subdued trading session yesterday, with moderate trading volumes and activity
Source: (Daily Mirror) https://www.dailymirror.lk/business-news/Secondary-market-remains-subdued-as-T-Bill-auction-yields-continue-to-ease/273-346853

Sri Lanka rupee at 336.15/25 to US dollar spot, bond yields edge up
Sri Lanka’s rupee was quoted at 336.15/25 to the US dollar in the spot market on Tuesday, stronger from 336.20/35 the previous day, while bond yields were broadly steady, dealers said.
Source: (economynext) https://economynext.com/sri-lanka-rupee-at-336-15-25-to-us-dollar-spot-bond-yields-edge-up-279464/

Stocks close up on Tuesday, retail leads turnover
Sri Lanka’s Colombo Stock Exchange closed up on Tuesday trading, CSE data showed, with the benchmark All Share Price Index moving up 0.20 percent.
Source: (economynext) https://economynext.com/stocks-close-up-on-tuesday-retail-leads-turnover-279539/

Franchise: JKH to launch Wendy’s in SL
Sri Lankan conglomerate John Keells Holdings (JKH) has confirmed that all relevant franchise agreements and necessary preliminary work for the Sri Lankan roll out of Wendy’s – the globally recognised restaurant brand, has been completed.
Source: (the morning) https://www.themorning.lk/articles/w2i8Az1o5HSC94fj5Fo7

Alumex quarterly profit jumps sevenfold as margins improve
Alumex PLC reported a sevenfold increase in net profit for the three months ended June 2026, as lower cost of sales, stronger operating profit and higher finance income offset a marginal decline in revenue.
Source: (Daily Mirror) https://www.dailymirror.lk/business-news/Alumex-quarterly-profit-jumps-sevenfold-as-margins-improve/273-346855

Colombo Dockyard returns to profit as ship repair earnings surge
Colombo Dockyard PLC swung to a profit in the three months through June as stronger ship repair earnings and lower finance costs outweighed a drop in revenue.
Source: (Daily Mirror) https://www.dailymirror.lk/breaking-news/Colombo-Dockyard-returns-to-profit-as-ship-repair-earnings-surge/108-346858