An Echelon Media Company
Tuesday September 26th, 2023

Sri Lanka to optimize investments in mineral resources

These resources have the potential to yield significant value through the production of value-added goods.

3 min read

Sri Lanka’s Inland revenue to give tax concessions to institutions for disabled children

Tax concessions for institutions providing health and education services to disabled children.

1 min read

Future SJB govt to "refine" Sri Lanka's agreement with IMF: Harsha de Silva

“It was a good discussion. We were quite frank,” said de Silva.

3 min read

Sri Lanka cabinet okays appropriation bill for 2024 budget

Tabling the Appropriation Bill is the first stage of the budgeting process

1 min read

Sri Lanka’s MEPA to get 28.5 mn rupees from Singaporean AEPW, for beach clean up

MEPA to get 5.7 mn rupees a year, for five years to maintain 8 beach cleaner machines

1 min read

Sri Lanka's SEC makes four new appointments

These appointments are expected to increase the effectiveness of the SEC secretariat in the respective operating areas,

2 min read

Sri Lanka to draw up debt management agency law

An independent debt management law is a priority reform under an IMF deal

Sri Lanka must navigate changing labour landscape: Pres

Sri Lanka must consider how it will navigate changing labour landscape; unions need to face different reality

Sri Lanka to buy diesel from Petrochina International

The purchase is made on long term contract basis.

Sri Lanka’s stocks open marginally high on Tuesday

Sri Lanka shares were picking up slightly in trading on Tuesday morning.

Sri Lanka rupee opens at 324.65/85 to the US dollar

Sri Lanka’s rupee opened at 324.65/85 to the US dollar on Tuesday, dealers said.

Latest Last
US Dollar 330.2942 315.1016
UK Pound 429.0139 401.1871
Euro 372.1704 343.1959
Aus Dollar 227.2526 211.5951
Yen 2.3820 2.1908
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative
Sri Lanka to buy diesel from Petrochina International

The purchase is made on long term contract basis.

1 min read

Sri Lanka’s stocks open marginally high on Tuesday

Sri Lanka shares were picking up slightly in trading on Tuesday morning.

1 min read

Sri Lanka rupee opens at 324.65/85 to the US dollar

Sri Lanka’s rupee opened at 324.65/85 to the US dollar on Tuesday, dealers said.

1 min read

Ayodhya Iddawela Perera on Charting Sampath Bank's Future

Championing tech transformation, sustainability, and customer service in banking

Latest Last
US Dollar 330.2942 315.1016
UK Pound 429.0139 401.1871
Euro 372.1704 343.1959
Aus Dollar 227.2526 211.5951
Yen 2.3820 2.1908
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative
Latest Last
US Dollar 330.2942 315.1016
UK Pound 429.0139 401.1871
Euro 372.1704 343.1959
Aus Dollar 227.2526 211.5951
Yen 2.3820 2.1908
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka rupee opens at 324.65/85 to the US dollar

Sri Lanka’s rupee opened at 324.65/85 to the US dollar on Tuesday, dealers said.

1 min read

IMF team meets Sri Lanka opposition

The IMF team is expected to meet President Ranil Wickremesinghe Wednesday

1 min read

How Sunshine Holdings is Unlocking Value Opportunity Amid Economic Challenges

A paragon of adaptability, resilience and stability for investors searching for high-value

8 min read

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Sri Lanka local currency rating upgraded to CCC+ by S&P

The stable outlook on the long-term local currency rating reflects improvements to the government's debt profile

5 min read

Crisis-hit Sri Lanka plans to trade off debt with climate vulnerabilities at AP meeting

Sri Lanka faces frequent natural disasters due to the impacts of climate change.

2 min read

Sri Lanka sells 2028 bonds at 14.52-pct

135 billion rupees of 1 June 2026 bonds to yield 15.64 percent

1 min read

Sri Lanka’s stocks end down on Monday after slow day of trading

Sri Lanka shares were down at close of trading on Monday. Turnover was 550 million rupees.

1 min read

Sri Lanka rupee closes at 324.75/324.90 to the US dollar

Sri Lanka’s rupee closed at 324.75/90 to the US dollar on Monday. Bond yields were up.

1 min read

Tea

Sri Lanka smallholder tea growers still find fertiliser expensive 

Small holders were also offered an interest free loan to help apply fertilizer.

Nethmi Rajawasam

1 min read

Sri Lanka ruling party split between president and own candidate: opposition

“We can clearly see the split in the SLPP,” he added.

3 min read

Tea

Sri Lanka tea export revenues down 3.8-pct in August

Tea export revenues fell 3.8 percent to 119.63 million US dollars in Aug 2023 from 124.4 mn US dollars a year ago

1 min read

Sri Lanka talks engaging diaspora with Commonwealth Sec-Gen

This dialogue seeks to foster connections and collaborations with Sri Lanka’s global diaspora for mutual benefit

Apsara Rodrigo

2 min read

Sri Lanka BoI looks at rejected but reusable materials

The CEA tied up with BoI to increase the collection of reusable or recyclable materials produced as factory byproducts

Apsara Rodrigo

2 min read

Sri Lanka’s stocks see slow trading due to short week, month end

Sri Lanka shares were trading sluggishly on Monday morning.

1 min read

Sri Lanka Port Authority has to consider strategic role: Chairman

It’s crucial that we approach this strategically and define our precise role in this sector

2 min read

Sri Lanka rupee opens at 324.25/325.00 to the US dollar

Sri Lanka’s rupee opened at 324.25/325.00 to the US dollar on Monday,

1 min read

Sri Lanka rubber output to drop 15-pct in 2023 in deepening crisis

Natural rubber output may drop to 60 million kilograms in 2023, hit by a leaf disease

2 min read

Sri Lanka India industrial zone around Trinco, maritime links mooted

Sri Lanka to participate in The Global Maritime India Summit

1 min read

Sri Lanka brings back import para tariff on milk

Milk powder back under PAL tax

1 min read

Sri Lanka govt warns liquor manufacturers: pay defaulted tax or lose licence

Liquor manufacturers owe 6.6 bln rupees excise tax, penalty for govt

1 min read

Sri Lanka, India discuss to resume ETCA negotiations

Sri Lanka saw protests against ETCA when it was scheduled to be signed

2 min read

Sri Lanka can avoid possible repeated default - State FinMin

Sri Lanka, in an unprecedented way, defaulted on its sovereign debts in April last year

2 min read

Sri Lanka’s new Central Bank Act challenges govt money printing, spending – minister

New CB Act came into effect from Sept 15.

2 min read

Sri Lanka’s stocks end on positive note on Friday

Sri Lanka shares were up at close of trading on Friday. Turnover was 1 billion rupees.

1 min read

Sri Lanka rupee closes up at 324.70/325.00 to the US dollar

Sri Lanka’s rupee closed at 324.70/325.00 to the US dollar on Friday,

1 min read

Sri Lanka has to give quick service, look after investors: Minister

The Board of Investment has to provide quick service to foreign investors and look after them

2 min read

ICT

Sri Lanka IT conference to attract investors for local companies

To attract potential investors for IT companies in Sri Lanka and achieve a target of 3 billion US dollars in IT exports

1 min read

Sri Lanka rupee opens at 324.00/75 to the US dollar

Sri Lanka’s rupee opened stable at 324/75 to the US dollar on Friday.

1 min read

Sri Lanka’s stocks open up on Friday, amidst consumer demand

Sri Lanka shares were picking up in morning trade on Friday amidst renewed investor interest

1 min read

Sri Lanka president addresses UNGA, urges big powers not to escalate tensions

Conflicts and tensions among big powers are complicating the policy environment for the rest

2 min read

Sri Lanka central bank converts provisional advances to bills, bills to bonds in DDR

CB gets Rs220bn in bills, 2.49 in bonds

2 min read

Sri Lanka central bank's new Governing Board meets

Ravi Rathnayake, Anuska Wijesinghe, new members

1 min read

Sri Lanka’s MTV secures ICC Cricket World Cup broadcast, digital rights

World Cup begins on October 5

2 min read

Sri Lanka’s stocks dip at close on slow retail activity

Sri Lanka shares were down at close of trading on Thursday after starting positively

1 min read