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Saturday December 2nd, 2023

Sri Lanka UGC wants to boost number of IT-related degrees

Sri Lanka has been producing more Art graduates than technology-led grads

1 min read

Sri Lanka leader inaugurates Climate Justice Forum at COP28 in Dubai

CJF is expected to become a rallying point for countries vulnerable for climate change

2 min read

Sri Lanka IMF review goes to executive board on December 12

After OCC assurance came

1 min read

Sri Lanka president raises levies for select products after missing IMF revenue targets

Sri Lanka is yet to receive the second tranche of around $330 million

1 min read

Sri Lanka's ulundu corruption driven by nationalist autarky mafia under fire

We do not see an increase in domestic production. What has increased is the price

5 min read

Sri Lanka bondholders seek official creditor deal terms, says slow progress on talks

significant lack of transparency on the part of official sector creditors

3 min read

Sri Lanka, India leaders meet at COP-28, discuss issues

Modi said that it was “wonderful to connect and discuss various issues” with Wickremesinghe.

Sri Lanka rupee closes at 328.00/10 to the US dollar

Sri Lanka’s rupee closed at 328.00/10 to the US dollar on Friday, dealers said. Bond yields were down.

Sri Lanka stocks close up 1 pct, investor interest in banks

Investor interest in banking sector after Paris-Club agreement, loans

Thriposha supplements to resume after Sri Lanka allows higher aflatoxin presence

Thriposha supplement from next week, after amending permissible levels of aflatoxins in its ingredients

Apsara Rodrigo

Sri Lanka govt MPs up in arms over opposition leader "taking up time" on cricket issue

Premadasa called his question a matter of “national importance”.

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 stocks close up 1 pct, investor interest in banks

Investor interest in banking sector after Paris-Club agreement, loans

1 min read

Thriposha supplements to resume after Sri Lanka allows higher aflatoxin presence

Thriposha supplement from next week, after amending permissible levels of aflatoxins in its ingredients

Apsara Rodrigo

2 min read

Sri Lanka govt MPs up in arms over opposition leader "taking up time" on cricket issue

Premadasa called his question a matter of “national importance”.

4 min read

Charting a Billion-Dollar Future: EXPO Commodities’ Global Vision

A journey of spice, sustainability, and global expansion

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 govt MPs up in arms over opposition leader "taking up time" on cricket issue

Premadasa called his question a matter of “national importance”.

4 min read

Sri Lanka NPLs seen peaking around 13-pct, some sectors hit up to 30-pct

Hotels, transport and arts and entertainment sectors had bad loans of 30 to 20 percent

4 min read

Mad Mobile: Pioneering Tech Innovation on a Global Scale

Redefining restaurant and retail tech through passion, innovation, and a global team

4 min read

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Sri Lanka's power regulator, USAID launch dispatch data dashboard

The dashboard is ​an online platform designed to enhance transparency in the management of power distribution.

3 min read

Sri Lanka promotes HIV swab test, app to increase detection

Compared to 2021, there was a 48 percent increase in the number of people living with HIV in this country in 2022.

2 min read

Sri Lanka's Cargills Bank plans IPO

The Bank proposes to issue 62,500,000 ordinary voting shares at a price of 8.00 rupees a share.

1 min read

Sri Lanka rupee opens stronger at 327.70/328.00 to the US dollar

Sri Lanka’s rupee opened at 327.70/328.00 to the US dollar on Friday. Market up, bonds down.

1 min read

Sri Lanka imports rise in Oct 23 as remittances, tourism flows pick up

Tourism, remittance and exports exceed imports

2 min read

Sri Lanka revises down price of widely used petrol, diesel

Government to impose 18 percent tax on fuel from January

1 min read

Sri Lanka to resume suspended road projects with strict ADB guidance

Sri Lanka's funding by multilateral funding agencies are now based on achieving target committed to IMF

2 min read

Sri Lanka's COPF govt to re-evaluate a number of VAT exemptions

COPF has also said the removal of VAT exemptions will not affect ride-hailing services such as Uber and PickMe.

3 min read

Sri Lanka not keen on ad hoc abrogation of tax holidays: Treasury Sec

Sri Lanka is limiting future tax holidays

2 min read

Sri Lanka foreign employment ministry gives Rs 7 Bn to Treasury: ministry

The cheque had been handed over during a ceremony attended by President Ranil Wickremesinghe.

2 min read

Sri Lanka to commence rural road repairs using ADB funds first week of Dec

“There were roads that were in a state of disrepair,” Minister Gunawardana said. “So this is for urgent work.”

2 min read

Sri Lanka stocks close up after Paris Club agreement

Renewed investor interest after Wednesday’s news official creditor committee agreed on debt restructuring deal.

1 min read

Sri Lanka rupee strengthens slightly at 328.00/15 to the US dollar

Sri Lanka’s rupee closed at 328.00/15 to the US dollar on Thursday, dealers said. Bond yields were down.

1 min read

Sri Lanka's inflation picks up to 3.4-pct in Nov 2023

Rise in electricity and housing sub-index prices drives the index up

1 min read

Sri Lanka families of the missing join international conference

Families from Colombo, Vavuniya and Batticaloa joined International Conference for Families of Missing persons

2 min read

Sri Lanka to exempt electricity, kerosene and naptha from VAT

Sri Lanka is likely to maintain the exempt status from value added tax for electricity, kerosene and naptha

1 min read

Sri Lanka's Bank of Ceylon viability rating on watch on recapitalization

Pending possible recapitalization for losses from state enterprise funding, while confirming a long-term rating at 'CC'

6 min read

E-ticketing system will minimise SLTB losses: Sri Lanka minister

Steps are underway to digitalize functions of the Sri Lanka Transport Board (SLTB)

2 min read

Sri Lanka MPs speak up in support of Palestine

November 29 is the International Day of Solidarity with the Palestinian People, a UN-organized observance.

Apsara Rodrigo

2 min read

Sri Lanka rupee opens at 328.30/60 to the US dollar

Sri Lanka’s rupee opened at 328.30/60 to the US dollar on Thursday, dealers said.

1 min read

Sri Lanka eyeing investment only deal with India, RCEP hits roadblock: President

The RCEP has informed us that they do not have a procedure to admit new members

3 min read

Sri Lanka says expects quick implementation of Paris Club debt deal

This agreement serves a key milestone in Sri Lanka's ongoing endeavour to achieve public debt sustainability

2 min read

Sri Lanka shares close up, turnover remains low

The Colombo Stock Exchange closed up on Wednesday, CSE data showed.

1 min read

Sri Lanka rupee closes at 329.25/50 to the US dollar

Sri Lanka’s rupee closed at 329.25/50 to the US dollar on Wednesday, dealers said.

1 min read

Sri Lanka - Paris Club official creditors reach debt deal

.

3 min read

India to construct 10,000 houses in Sri Lanka plantation areas

The overall commitment of the Indian government under the project is 60,000 houses.

1 min read

Sri Lanka to enable addicts to seek treatment through hospitals, police

Laws being amended so addicts can refer themselves for rehabilitation through police, hospitals

1 min read

Sri Lanka awaiting announcement from OCC on bilateral debt

You will hear the outcome very soon

1 min read

ADB may provide $400M to Sri Lanka over next three months

A US$200mn credit could come as early as December

1 min read

Sri Lanka's BoI signs deal for cable car system

Board of Investment has signed an agreement to develop a cable car system

2 min read

Sri Lanka rupee opens at 329.35/45 to the US dollar

Sri Lanka’s rupee opened at 329.35/45 to the US dollar on Wednesday, dealers said.

1 min read