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Thursday December 9th, 2021

Sri Lanka stocks down on LOLC related shares

Sri Lanka stocks fell on Wednesday (08), due to price declines extended by LOLC group companies, brokers said.

2 min read

Sri Lanka opposition demands document of US energy deal

Opposition MPs insisted the House is responsible for public finance and the public have a right to know about the deal....

3 min read

Sri Lanka Treasuries yields drop, more 12-month bills sold

More 6 and 12 month bill sold than earlier

2 min read

Sri Lanka dollar salary earners protest as banks force convert forex

I was told my entire salary would be converted against my wishes

4 min read

Attack on Sri Lanka MP: Committee appointed, opposition threatens legal action

“I would like to inform the House that I have already taken steps to ensure the safety of all MPs,” he said.

China firm to Salvage Express Pearl wreck off Sri Lanka

SSC have established a project team for the salvage operation and have already mobilized

Sri Lanka dollar salary earners protest as banks force convert forex

I was told my entire salary would be converted against my wishes

Sri Lanka tourist sector may take 5-years to reach 2018 levels McKinsey says

China's zero-Covid-19 policy, the growth in domestic tourism markets in many countries may hinder normalcy

Mahadiya Hamza

Sri Lanka forex reserves down to US$1.6bn in November

Forex reserves are now about one month of imports

Sri Lanka targets 100,000 tourists a month in 2022

Sri Lanka is targeting 100,000 tourists a month in 2022

Latest Last
US Dollar 201.5945 200.0100
UK Pound 267.1631 265.4633
Euro 227.5296 225.7213
Aus Dollar 143.8175 140.8970
Yen 1.7758 1.7618
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6742 2.6528
Korea Won 0.1715 0.1693
Oman Rial 523.6153 519.4997
Saudi Riyal 53.7385 53.3161
UAE Dirham 54.8840 54.4526
Source: Central Bank/Indicative
pts %
S&P SL20 3,964.42 0.44%
CSE All Share 11,088.17 0.49%
Turnover Rs million. 2,191,558,044.10 6,019,817,831
Source: CSE
Latest Last
3-m bill 7.33 7.56
6-m bill 7.77 7.91
12-m bill 8.15 8.25
5-yr bond 10.61 10.56
8-yr bond 11.27 11.21
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.93 5.99
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative
Sri Lanka tourist sector may take 5-years to reach 2018 levels McKinsey says

China's zero-Covid-19 policy, the growth in domestic tourism markets in many countries may hinder normalcy

Mahadiya Hamza

3 min read

Sri Lanka forex reserves down to US$1.6bn in November

Forex reserves are now about one month of imports

9 min read

Sri Lanka targets 100,000 tourists a month in 2022

Sri Lanka is targeting 100,000 tourists a month in 2022

1 min read

Sri Lanka welcomes 44,294 tourists in November, led by India

European arrivals may see a setback with the resurgence of Covid

1 min read

Sri Lanka shares up on export, manufacturing shares; Lanka IOC up on oil tank deal talks

Sri Lanka stocks closed higher on Tuesday (07)

2 min read

Sri Lanka health workers to protest, strike against unmet demands

"As a first step, a protest will be held tomorrow (08) in front of the Kurunegala Teaching Hospital."

Chanka Jayasinghe

2 min read

Suren Fernando on leveraging scale, the importance of purpose and future of cost arbitrage

MAS’S CEO talks about the tumultuous start to his new role and the future of the company

Latest Last
US Dollar 201.5945 200.0100
UK Pound 267.1631 265.4633
Euro 227.5296 225.7213
Aus Dollar 143.8175 140.8970
Yen 1.7758 1.7618
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6742 2.6528
Korea Won 0.1715 0.1693
Oman Rial 523.6153 519.4997
Saudi Riyal 53.7385 53.3161
UAE Dirham 54.8840 54.4526
Source: Central Bank/Indicative
pts %
S&P SL20 3,964.42 0.44%
CSE All Share 11,088.17 0.49%
Turnover Rs million. 2,191,558,044.10 6,019,817,831
Source: CSE
Latest Last
3-m bill 7.33 7.56
6-m bill 7.77 7.91
12-m bill 8.15 8.25
5-yr bond 10.61 10.56
8-yr bond 11.27 11.21
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.93 5.99
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka health workers to protest, strike against unmet demands

"As a first step, a protest will be held tomorrow (08) in front of the Kurunegala Teaching Hospital."

Chanka Jayasinghe

2 min read

Sri Lanka discusses energy security, jobs, investment with UAE

Sri Lanka has been trying to woo investments and secure oil credit from many Middle Eastern countries.

1 min read

Kenneth De Zilwa’s Global Vision for LankaClear

Making the national payments platform operator a force for transformation in the region

14 min read

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Attempted assault on MP: Sri Lanka opposition seeks IPU/CPA intervention

Kiriella claimed the “mafia type” attempted assault was a response by some government MPs to a speech made by the MP...

3 min read

Sri Lanka bond yields end steady

66bn bills auction on Wednesday

2 min read

Sri Lanka's PHIs to take legal action against violators of COVID-19 guidelines

"People have forgotten that we are still in a pandemic,” he said.

Chanka Jayasinghe

1 min read

Hour-long power outages in Sri Lanka until Wednesday (08): CEB

"There will be no island wide power cuts," the official said.

Chanka Jayasinghe

1 min read

Sri Lanka to issue birth certificates with national identification number

Sri Lankans will be provided an opportunity to easily and efficiently “obtain services from birth to death”, it said...

2 min read

Sri Lanka approves US$2bn in projects up to Nov, FDI US$400mn to June: BOI

Out of that the foreign investment component was 1.6 billion US dollars

1 min read

Sri Lanka to pay Rs 2.5 mn to family of Pakistan lynch mob victim

Diyawadana’s remains were flown into Sri Lanka Monday (06) afternoon.

2 min read

Sri Lanka to lease 1,750 hectares of Mahaweli land for commercial crops

Land given on long term leases

1 min read

Sri Lanka debt re-structuring: opinion divided among think tanks

Agreement that an outright default is damaging

3 min read

Sri Lanka should draw up own program and negotiate with IMF: de Mel

Sri Lanka needs a credible plan to get out

3 min read

Sri Lanka Port City to allow crypto currency trading, no rupee tokens

There are a few checks and balances in this plan

3 min read

Sri Lanka gas explosion probe says blame lies largely with faulty accessories

The committee urged the public to refrain from testing for gas leaks using unsafe methods.

Mahadiya Hamza

3 min read

Sri Lanka stock index up over freight rate increase

Sri Lanka stocks closed firmer on Monday

2 min read

Sri Lanka bond yields down

Treasury bills and bonds auctions held in the past weeks were fully subscribed

2 min read

Sri Lanka main opposition MPs protest outside parliament

Prime Minister Mahinda Rajapaka was also seen engaged in conversation with the SJB MPs.

2 min read

Sri Lanka bond scam: Former finance minister, others cleared of 11 out of 22 charges

“Today, the court released all from charges 1-11. The charges 12-22 are aiding and abetting in nature,” he said.

2 min read

Sri Lanka monetary instability blamed on lack of industrialization

That money printing causes inflation is no longer 'fashionable'.

5 min read

Sri Lanka does not need to go on bended knees to outside agency over debt: Cabraal

Debt being re-structured through mutliple means

2 min read

Sri Lanka p'ment to appoint committee as main opposition boycotts sittings

“How can parliament function this way?” said Dissanayake.

2 min read