China firm vanishes with billions in Sri Lanka Lotus Tower scam

Sri Lanka's President Maithripala Sirisena had bared a scam running into billions of rupees in building a massive tower by Chinese firms, draining funds from Sri Lanka's cash rich telecom regulator.

Sri Lanka rupee closes weaker, gilt yields flat

The Sri Lanka rupee closed weaker at 180.48/55 to the US dollar on Monday, while bond yields remained unchanged, brokers and dealers said.

China-run Hambantota port in Sri Lanka links with Thailand’s Ranong

Sri Lanka's China managed Hambantota Port has inked a deal with Thailand's Ranong port with a view to developing shipping routes in the region, the company said.

shipping route hambanota ranong

Oil prices rocket on slashed Saudi output

Brent crude surged by 20 percent Monday -- the biggest gain since the 1991 Gulf War -- after weekend drone attacks on two Saudi oil facilities halved output in the world's top crude exporter, fuelling fresh geopolitical and growth fears.

Latest Last
US Dollar 180.8506 180.72
UK Pound 222.1750 220.17
Euro 199.4149 199.69
Aus Dollar 123.9369 121.32
Yen 1.6919 1.6970
Source: Central Bank/Indicative
Indian Rupee 2.5243 2.5607
Korea Won 0.1515 0.1491
Oman Rial 469.7357 457.7655
Saudi Riyal 48.2101 46.9872
UAE Dirham 49.2358 47.9812
Source: Central Bank/Indicative
S&P SL20 2,983.45 41.541.37
CSE All Share 5,935.34 16.410.28
Turnover Rs billion. 1.10
Source: Central Bank/Indicative
3-m bill 8.22 8.39
6-m bill 8.39 8.61
12-m bill 8.59 8.83
5-yr bond 9.85 10.26
8-yr bond 10.08 10.50
Source: Central Bank/Indicative
Overnight Money 7.70 7.70
Gilt Repo 7.80 7.80
I-m SLIBOR 8.20 8.20
Source: Central Bank/Indicative

Daily Brief