Tax Reform Watch: Arutha Research warns Sri Lanka’s Inland Revenue Department has made progress on VAT refunds and revenue growth, but unresolved staffing, IT gaps, manual processes and compliance weaknesses could put reforms at risk. Debt & Markets: Treasury says Sri Lanka is targeting a sovereign rating upgrade from CCC+ to B- by early 2027, ahead of a planned $1.5bn raise in 2027-28 to rebuild investor confidence. Credit Reality Check: KPMG flags that private-sector credit-to-GDP is still below pre-crisis levels, and higher interest rates may test whether the recovery can keep its momentum. Regulatory Enforcement: The Central Bank’s FIU imposed Rs.14.6m in penalties on 11 firms for Financial Transactions Reporting Act non-compliance, highlighting ongoing AML/CFT reporting failures. Transport Disruption: Train No. 1164 derailed again at Colombo Fort, blocking platforms and expected to cause delays. Port Boost: IFC and HSBC to invest up to $40m to modernise and decarbonise the Port of Colombo, including new ship-to-shore cranes for the South Asia Gateway Terminal. Public Services: President reviewed proposals to address prison-system challenges, including expanding facilities. Dengue & Schools: Universities urged stronger community and health-sector cooperation as dengue prevention guidelines were launched; five Grade 6 students were hospitalised after suspected toxic seed poisoning in Kantale. Travel Update: Taiwan suspended tourist visa applications from Sri Lankan nationals, with limited categories still eligible. Finance Commission: New chairperson and members appointed to the Finance Commission.