Numera 360 - Private Limited

09/07/2026

🤝 Celebrating Growth Through Collaboration!

We are excited to share another successful milestone achieved together with JET 7ADS (PRIVATE) LIMITED. 🎉

At Numera 360, we are honored to support businesses with professional solutions that create a strong foundation for sustainable growth.

This achievement reflects the power of great partnerships, dedication, and a shared vision for success. 🚀

Wishing JET 7ADS (PRIVATE) LIMITED continued growth, success, and prosperity in the journey ahead!

Thank you for trusting Numera360 as your business partner. 🌟

09/07/2026

Happy Thursday! Here’s your Morning Market Summary:

🏡 Local Highlights

• Paratariffs to end by 2029: The Government is preparing support programs for industries affected by the phased removal of PAL and CESS.
https://tinyurl.com/4r5sfc7p

• Commercial Bank debenture rated: Fitch assigned an A(lka) National Long-Term Rating to Commercial Bank's proposed Rs. 20 billion debenture issue.
https://tinyurl.com/2j4xanzb

• hSenid launches new ESOP: The company plans a new employee share option scheme covering 3.62 million unallocated shares to retain talent.
https://tinyurl.com/2s4yhubj

• Tax compliance improves: IRD reforms have increased Sri Lanka's tax compliance rate from 40–45% to 70–75%.
https://tinyurl.com/yvkyu2d5

• Foreign reserves decline: Official reserves fell 6.3% in June to US$6.45 billion, mainly due to lower foreign exchange and gold reserves.
https://tinyurl.com/mpdvkbpw

• Tariff reforms continue: Ceramic tile import taxes will gradually reduce from 90% to 20% by 2029 under the National Tariff Policy.
https://tinyurl.com/4ty42sxs

• Agriculture spending under review: The President has ordered tighter monitoring of agricultural projects and faster implementation ahead of the 2027 Budget.
https://tinyurl.com/3rxz86md

• Industrial Asphalts stake sale: A 48.03% controlling stake was acquired by Arcasia Investment & Trading and ATX Partners.
https://tinyurl.com/3tcbj5ew

• Access Motors recognized: The Jaguar Land Rover agent won the Most Professional Workshop award for after-sales service.
https://tinyurl.com/3rv6ef4j

🌏 Global Highlight

• Oil prices surge: Crude oil rose by more than US$1 per barrel after the U.S. launched fresh military strikes against Iran, raising geopolitical tensions and supply concerns.
https://tinyurl.com/9y2wrw53

📌 Market Takeaway:

Sri Lanka continues advancing trade liberalization and tax administration reforms while supporting affected industries. Although tax compliance is improving, declining foreign reserves remain a key macroeconomic concern. Globally, renewed Middle East tensions pushed oil prices higher, which could increase energy costs and inflationary pressures.

Oil prices rose more than a dollar a barrel in post-settlement trade on Wednesday after the U.S. military ​began launching fresh strikes on Iran.

08/07/2026

Happy Wednesday – Morning Market Summary

🏡 Local Highlights

• IMF Revenue Reforms: The IMF reviewed Sri Lanka's revenue reform progress with government officials, signaling continued focus on improving tax administration under the IMF program.
https://tinyurl.com/yc6rebpj

• Foreign Investment: Foreign investors recorded a net purchase of US$3 million in Sri Lankan government securities as the rupee continued to stabilize.
https://tinyurl.com/k8kp7au8

• Digital Connectivity: Dialog Enterprise will provide fibre internet services to Prime Lands' new apartment project in Peliyagoda.
https://tinyurl.com/ev52pusa

• Insurance Sector: Sanasa Life's registration has been reinstated by the insurance regulator after a seven-month suspension, subject to compliance with regulatory conditions.
https://tinyurl.com/39k32ve9

• Digital Payments: Sampath Bank launched Google Pay support for Visa and Mastercard credit and debit cardholders.
https://tinyurl.com/zu6zu2ad

• Port Policy: The Government confirmed there are no plans to privatize or lease the Eastern Container Terminal (ECT) of the Colombo Port.
https://tinyurl.com/bdzm9cj6

• Property Market: Colombo condominium prices rose 18.5% YoY in Q1 2026, while sales volumes declined 15.2%, indicating softer demand despite higher prices.

• Foreign Reserves: CBSL recorded a net purchase of US$70.8 million from the domestic forex market in June, supporting reserve accumulation.
https://tinyurl.com/t4we956d

• Taxation: Businesses are seeking clearer guidance on VAT calculations for transactions conducted through online marketplaces.
https://tinyurl.com/3jajr7c4

🌏 Global Highlight

• US-Iran Tensions: The US resumed military strikes on Iran following attacks in the Hormuz Strait, raising concerns over renewed geopolitical tensions and potential impacts on global energy markets.
https://tinyurl.com/3be9ekuw

Peace talks are tested as the U.S. says it hit 80 military targets, while Iran launched missiles and drones at Bahrain and Kuwait.

07/07/2026

Verify your TIN here https://eservices.ird.gov.lk/Registration/verifyirdinformation/index

05/07/2026

Behind every happy family is someone who chose sacrifice over comfort.

❤️

05/07/2026

If this reminds you of your dad, don't scroll... ❤️

05/07/2026

The strongest men are often the quietest. 💙

05/07/2026

One day... you'll understand everything he never said. ❤️

05/07/2026

04/07/2026

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