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Wednesday October 20th, 2021

Flight from Sri Lanka to flag-off Kushinagar airport in India

A delegation of politicians and monks to city of significance to Buddhists

1 min read

Sri Lanka imports top three year high by Sept 2021 amid money printing

The surge in imports came despite import controls

3 min read

Sri Lanka to amend Kandyan marriage and divorce act

A minor under the age of 18 cannot enter legal marriage in Sri Lanka.

1 min read

Sri Lanka cabinet approves next step towards banning cattle slaughter

Analysts say the SLPP leaders think the cattle slaughter ban is politically rewarding at a time of easy vigilantism.

3 min read

Despite Indian pressure, Sri Lanka says provincial polls only after electoral reform

“We cannot exactly say when the elections will be held. It will be held after the election system is changed.”

Sri Lanka CB appoints new monetary policy consultative committee

Representatives from several sectors

Sri Lanka cabinet approves next step towards banning cattle slaughter

Analysts say the SLPP leaders think the cattle slaughter ban is politically rewarding at a time of easy vigilantism.

Despite drop in cases, Sri Lanka health official wants COVID-19 restrictions to continue

"We saw the same thing happened in April this year when restrictions were relaxed as case numbers dropped."

Chanka Jayasinghe

Sri Lanka to remove heavy industry monopoly in Trincomalee port

Ports agency has around 2000 hectares which could be developed

Sri Lanka CB chief to discuss with CRIB, banks on covid-hit bad loans

Covid treatment of CRIB

Latest Last
US Dollar 200.0930 201.2500
UK Pound 274.9278 275.3503
Euro 231.9678 233.5204
Aus Dollar 148.4390 149.2873
Yen 1.7539 1.7676
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6665 2.6988
Korea Won 0.1689 0.1701
Oman Rial 519.7356 522.7409
Saudi Riyal 53.3468 53.6567
UAE Dirham 54.4745 54.7895
Source: Central Bank/Indicative
pts %
S&P SL20 3,546.17 -0.01%
CSE All Share 9,648.18 0.25%
Turnover Rs million. 2,191,558,044.10 705,911,605
Source: CSE
Latest Last
3-m bill 7.19 6.64
6-m bill 7.31 6.80
12-m bill 7.46 6.96
5-yr bond 10.52 9.48
8-yr bond 11.37 9.97
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative
Despite drop in cases, Sri Lanka health official wants COVID-19 restrictions to continue

"We saw the same thing happened in April this year when restrictions were relaxed as case numbers dropped."

Chanka Jayasinghe

5 min read

Sri Lanka to remove heavy industry monopoly in Trincomalee port

Ports agency has around 2000 hectares which could be developed

1 min read

Sri Lanka CB chief to discuss with CRIB, banks on covid-hit bad loans

Covid treatment of CRIB

3 min read

Sri Lanka stock index hit fresh peak on CLC speculative trading, earning hopes 

ASPI hit 9,700 psychological benchmark

2 min read

Sri Lanka Treasuries auction succeeds, yields up, inverted

One year yield up 89bp but below market expectations

1 min read

Sri Lanka's Commercial Bank says its QR code app draws 100,000 users

Various bills can be paid using the app

2 min read

What is next for hSenid, Sri Lanka's pioneer tech company

The company will list its HR solutions business to fast track growth in Africa and the Asia Pacific

Latest Last
US Dollar 200.0930 201.2500
UK Pound 274.9278 275.3503
Euro 231.9678 233.5204
Aus Dollar 148.4390 149.2873
Yen 1.7539 1.7676
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6665 2.6988
Korea Won 0.1689 0.1701
Oman Rial 519.7356 522.7409
Saudi Riyal 53.3468 53.6567
UAE Dirham 54.4745 54.7895
Source: Central Bank/Indicative
pts %
S&P SL20 3,546.17 -0.01%
CSE All Share 9,648.18 0.25%
Turnover Rs million. 2,191,558,044.10 705,911,605
Source: CSE
Latest Last
3-m bill 7.19 6.64
6-m bill 7.31 6.80
12-m bill 7.46 6.96
5-yr bond 10.52 9.48
8-yr bond 11.37 9.97
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's Commercial Bank says its QR code app draws 100,000 users

Various bills can be paid using the app

2 min read

Sri Lanka's school teachers to return to work on Oct 25 but TU campaign to continue

"But we will not stop our struggle. Even after resuming teaching, we will continue."

Chanka Jayasinghe

3 min read

Axiata Digital Labs: Enabling successful digital transformations

ADL enables successful digital transformations by offering more than technology solutions

6 min read

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Sri Lanka's proposed new constitution to be ready by Jan 2022: minister

"In January 2022, Sri Lanka parliament will have the opportunity to focus on the new constitution,” he said.

1 min read

Sri Lanka cryptocurrency users should take own risk: CB officials

El Salvador has made Bitcoin legal tender amid controversy

3 min read

Sri Lanka Easter attack probe: Prez said he couldn't implement some recommendations, claims cardinal

"The report has been a waste of time and a waste of hope to all of us,” he said

5 min read

Sri Lanka prints Rs19bn despite lifting Treasuries price controls

Both reported outright bill stock and window borrowings up

3 min read

Sri Lanka manufacturing, some services recover in Sept 2021: PMI

Retail and leisure still hit amid lockdowns

2 min read

Sri Lanka sells more bonds by post-auction window, 15-pct unsold

To maintain external stability bond auctions has to succeed

2 min read

Sri Lanka tea farms welcome nitrogen fertilizer relaxation, but say problems remain

Industry is also awaiting further clarity on the use of other essential inputs for control of weeds and pests

3 min read

Sri Lanka pondering COVID-19 booster shot as int'l studies question Chinese jabs

Scientists around the world have started to question the protection offered by the China manufactured vaccines: Nature

Chanka Jayasinghe

6 min read

Sri Lanka CB expects falling remittance to reverse trend from October

Parallel exchange rates still operate

3 min read

Sri Lanka export committee to identify markets, recommend policy

The committee will run for a duration of 5-years

1 min read

Sri Lanka stocks steady; earnings awaited

Stockbrokers said investors engaged in profit-taking in index-heavy stocks ahead the long weekend.

2 min read

Sri Lanka foreign minister calls for cooperation with Malaysia in digitization, education

"Sri Lanka is interested in adopting certain aspects of Malaysia's digitalization process."

Mahadiya Hamza

2 min read

Sri Lanka's COVID-19 inter-province travel ban to be strictly enforced till Oct 21

Health official are still concerned about a possible resurgence of COVID-19.

1 min read

Sri Lanka teachers' strike: minister threatens legal action if teachers disrupt school reopening

Weerasekara drew parallels between a dragging teachers’ strike – now into its fourth month – and Sri Lanka’s civ...

3 min read

Sri Lanka CB sees inflation rising in the near term, but rules out double digits

We expect some near term inflationary pressure due to global price movement and surge in global commodity prices

3 min read

Sri Lanka CB sees private sector credit growth at 14-pct by end 2021

We have seen a substantial increase in the private sector credit

2 min read

Sri Lanka CB to propose dollarized car imports amid money printing

We now see a bubble in vehicle prices

3 min read

Sri Lanka says IMF growth projection for 2021 too low

When it comes to the local forecast, I think our research department has a greater understanding

5 min read

Sri Lanka stocks rebound after central bank keeps rates steady

Sri Lanka stocks gained 1.31 percent on Thursday (13) in lower trade

2 min read