An Echelon Media Company
Sunday June 23rd, 2024

Sri Lanka central bank appoints two Deputy Governors

A A M Thassim and J P R Karunaratne promoted

5 min read

Sri Lanka opposition questions claims that IMF housing tax is only for kulaks

Whatever the President said the IMF agreement says owner occupied house

5 min read

India supports Sri Lanka Coast Guard to boost maritime security

Coast Guard Ship Suraksha was also gifted to Sri Lanka by India in October 2017

1 min read

Sri Lanka Water Board makes profits, tax-payers inject Rs28bn

25 percent of water taken without paying anything

2 min read

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Sri Lanka will expedite Indian projects: President

Wickremesinghe outlines bilateral projects to Indian business people at the 31st All India Partner’s Meet

3 min read

Comments by Sri Lanka President, Justice Minister, intimidates judiciary: Lawyers collective

Disagreement cannot cross into threat or intimidation

7 min read

Sri Lanka electricity generation returns to pre-crisis levels in first quarter

Real GDP was estimated to grow 5.3-pct in the first quarter of 2023 and power generation 9.6-pct

Boosting Sri Lanka female employment can counter ageing population, migration

However, many women also go abroad to countries with better monetary regimes and send back remittances.

Sri Lanka repays US$225mn to Reserve Bank of India in first quarter

Since October Sri Lanka has repaid US375mn to RBI

Indian FM meets Sri Lanka political leaders; focuses on committed deals

Sri Lanka has seen some rise in anti-Indian sentiments recently

Sri Lanka car permit tax losses Rs14bn in two years of partial disclosure

The list only shows waivers of a so-called 'luxury tax' waivers applicable to vehicles above certain value

Construction of Sampur solar power plant to begin mid-July

Plans for an LNG supply, a petroleum pipeline linking the two countries, and advancing oil and gas exploration

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Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
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
Indian FM meets Sri Lanka political leaders; focuses on committed deals

Sri Lanka has seen some rise in anti-Indian sentiments recently

4 min read

Sri Lanka car permit tax losses Rs14bn in two years of partial disclosure

The list only shows waivers of a so-called 'luxury tax' waivers applicable to vehicles above certain value

2 min read

Construction of Sampur solar power plant to begin mid-July

Plans for an LNG supply, a petroleum pipeline linking the two countries, and advancing oil and gas exploration

2 min read

LankaPay Spearheads the Corporate Digital Evolution

Fortifying the national digital payment ecosystem for individuals, government and businesses

Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
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 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
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

Construction of Sampur solar power plant to begin mid-July

Plans for an LNG supply, a petroleum pipeline linking the two countries, and advancing oil and gas exploration

2 min read

Sri Lanka shares debt management experience at global forum

Sri Lanka has shared its experiences at a forum on debt management to "provide lessons for others"

2 min read

Aligning Vision, Strategy, People and Technology in Driving Digital Transformation

Key ingredients to unlock optimal benefits from technology

4 min read

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Sri Lanka rupee closes stronger at 305.10/30 to US dollar

Some bond yields edged up.

1 min read

Sri Lanka stocks close up, JKH trade pushes turnover

Turnover was 2 billion. Nearly half of this (Rs980mn) came from a crossing on John Keells Holdings Plc.

1 min read

Sri Lanka, India launch maritime rescue coordination centre

The MRCC was constructed with a 6 million dollar grant from India.

1 min read

Sri Lanka, Saudi Arabia to cooperate in promoting direct investment

Attract direct investment to country and improve investment environment of both countries

1 min read

Sri Lanka ready to sign bilateral debt restructure deals: Minister

Sri Lanka has bilateral debt with Paris Club creditors, India and China

1 min read

Sri Lanka FIU links up with bribery commission

CIABOC to share information relevant to any investigation with FIU

2 min read

Sri Lanka's UB Finance rights issue ovesubscribed

UB Finance PLC received applications for 500,728,992 shares on the rights issue

1 min read

Maharaja Foods from Sri Lanka seeks Rs125nm for expansion

.

2 min read

Sri Lanka rupee opens weaker at 305.50/90 to US dollar

Bonds steady, stocks up

1 min read

Sri Lanka's Brazil envoy initiates sister city link between Colombo and Rio

Invited Brazilian entrepreneurs and tourists to make use of experience and opportunities available in Sri Lanka

1 min read

Sri Lanka expressway cashiers stealing 10 to 20-pct of toll revenue: official

Based on the day the Army operated the toll booths, there is a minimum of 10 to 20-pct revenue loss

2 min read

Indian FM Jaishankar in Sri Lanka to discuss partnerships amid project delays, ahead of polls

Sri Lankan visit will be Jaishankar's first bilateral visit under new Indian government

2 min read

Sri Lanka mulling development bank to give low interest credit: President

"This new bank aims to maintain low interest rates."

3 min read

Sri Lanka Treasuries yields rise, 3-month up 50bp

More three month bills sold and lower volume of month bills

1 min read

Sri Lanka rupee closes weaker at 305.40/55 to US dollar

Bond yields up

1 min read

Sri Lanka stocks close down, turnover Rs2.7bn

A large part of this came from consumer durables and apparel industry stocks

1 min read

Sri Lanka calls applications for National Police Commission vacancy

The commission consists of 7 members of which two members are yet to be appointed,

2 min read

Sri Lanka cricketer to invest in candy, drinks factory in India

Muttiah Muralitharan to invest 1,400 crore Indian rupees to set up beverage and confectionery unit in Karnataka

1 min read

Sri Lanka's Hela Apparel to raise Rs1.5bn in rights issue

Proceeds of the issue will be used to settle a sub-subsidiary's debt

2 min read

Sri Lanka Railways asks squatters to register online

"All unauthorized occupants who do not register by that date will be removed from railway premises."

2 min read

Panel allows Sri Lanka central bank staff to get high salaries

The panel has said that individuals should be given increments on a 'meritocracy'

4 min read

Sri Lanka hSenid to use IPO funds for market development

The money was originally allocated for 'strategic acquisitions in APAC and East African regions'.

1 min read

Sri Lanka rupee opens weaker at 305.00/50 to US dollar

Bond yields and stocks up

1 min read

Sri Lanka manufacturing recovers strongly in May, financial services expand: PMI

New hires seen in several services companies

2 min read

Central banks expect to increase gold reserves after buying 1,037 tonnes in 2023: Survey

De-dollarization was cited as a reason by 13-pct of emerging market central banks and 6-pct advanced ones

2 min read

Sri Lanka rupee closes weaker at 304.75/305.40 to US dollar

.

3 min read

Sri Lanka's Ceylon Chamber links up with Gujarat Chamber

To facilitate trade between the two countries via initiatives such as trade fairs and delegations, business networking

2 min read

Sri Lanka telecommunications bill some clauses ruled unconstitutional by SC: Speaker

Remedies proposed by Supreme Court

1 min read

Sri Lanka to exempt one house from imputed rent wealth tax: President

...[O]ne house will be exempt from this

2 min read

Sri Lanka rupee opens weaker at 304.30/55 to US dollar

Bond yields steady, stocks down

1 min read

Sri Lanka president apologises for forced cremations during Covid

New law to protect right to burial, cremation, donation of cadaver

2 min read