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Monday March 4th, 2024

Sri Lanka's CEB reports Rs61bn profit for 2023 with Dec quarter gains

The CEB reported profits of 77.9 billion rupees for the December quarter

2 min read

Sri Lanka rupee opens at 308.20/50 to the US dollar

Sri Lanka’s rupee opened at 308.20/50 to the US dollar Monday, dealers said. Bond yields were broadly steady.

1 min read

Sri Lanka central bank swaps top $3.2bn by December

The gross position grew from 2,263 million dollars to 3,280 million US dollars over the year

3 min read

Sri Lanka loses MICE tourists to Thailand on minimum room rates

We don't mind demand and supply situation taking the rates up as in the Maldives

2 min read

Sri Lanka coconut auction price up 4.7-pct

Auction price are down 2.5-pct so far this year

1 min read

Sri Lanka tourist arrivals up 102-pct in Feb led by Russia

Russian arrivals were 32,030 just overtaking India at 30,027

1 min read

Sri Lanka tourist arrivals in Feb led by Russia amid visa row

Russian visitors took pole position amid a visa row

Sri Lanka central bank officials to be summoned to party leaders meeting over steep pay hike

Legislators have questioned steep salary hikes to central bank officials

Sri Lanka to shut oil refinery for 'turnaround' maintenance

This is a mandatory requirement, in compliance with international norms

Sri Lanka eyes SOE law by May 2024 for better governance

Public Commercial Business (PCB) Act to improve governance of state-owned enterprise as part of anti-corruption efforts

Sri Lanka rupee closes at 308.80/90 to the US dollar

Sri Lanka’s rupee closed at 308.80/90 to the US dollar Friday, dealers said. Bond yields were broadly steady.

Sri Lanka stocks close up 0.37-pct, Expo to de-list

Expolanka is the largest listed company on the Colombo Stock Exchange.

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Latest Last
US Dollar 314.2362 315.2986
UK Pound 398.6683 401.0482
Euro 341.7333 343.3195
Aus Dollar 206.6758 207.9088
Yen 2.1003 2.1051
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 eyes SOE law by May 2024 for better governance

Public Commercial Business (PCB) Act to improve governance of state-owned enterprise as part of anti-corruption efforts

1 min read

Sri Lanka rupee closes at 308.80/90 to the US dollar

Sri Lanka’s rupee closed at 308.80/90 to the US dollar Friday, dealers said. Bond yields were broadly steady.

1 min read

Sri Lanka stocks close up 0.37-pct, Expo to de-list

Expolanka is the largest listed company on the Colombo Stock Exchange.

2 min read

Deloitte South Asia's Consulting leadership discuss blueprint for business transformation and growth

Plans to scale collaboration, nurture talent, and further sustainability in SA

Latest Last
US Dollar 314.2362 315.2986
UK Pound 398.6683 401.0482
Euro 341.7333 343.3195
Aus Dollar 206.6758 207.9088
Yen 2.1003 2.1051
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 314.2362 315.2986
UK Pound 398.6683 401.0482
Euro 341.7333 343.3195
Aus Dollar 206.6758 207.9088
Yen 2.1003 2.1051
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 0.37-pct, Expo to de-list

Expolanka is the largest listed company on the Colombo Stock Exchange.

2 min read

Sri Lanka to cut Rs200 import tax on dates for Ramazan

Sudden tax cuts by gazette are under fire for undermining governance

1 min read

First Capital: Democratizing Capital Market Access with Diverse Investment Solutions

First Capital offers investors reliability and attractive returns

4 min read

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Sri Lanka should focus on alternative crops: Minister

Need to focus on alternative crops such as maize, green gram and undu

Apsara Rodrigo

1 min read

Faux-revolutionaries want education in Sri Lanka to stagnate, oppose reforms: Sajith

"Every time something new is being attempted, what do they do? They take to the streets."

2 min read

India funds electricity project in Sri Lanka's northern islands

Delft, Analativu and Nainativu islands will receive hybrid renewable energy system under USD 10.995 million grant

1 min read

Sri Lanka Nawaloka Hospital gets court order to stop asset sale

Court of Appeal issues interim order preventing Hatton National Bank PLC from auctioning the property

1 min read

Sri Lanka will stand up for any economic rights comprised at Red Sea: president

"Any disturbance to the peace and stability of the region poses a threat to our country," he said.

2 min read

AKD maintains 50-pct lead in Sri Lanka presidential voting intent poll in January

Support for Dissanayake had dropped just 1 percentage point since December 2023.

2 min read

Sri Lanka eyes criminal asset recovery law by April under IMF program

The asset recovery law will be in line with a United Nations Convention against Corruption

1 min read

Sri Lanka unveils action plan after IMF corruption report

Action plan to combat corruption, includes reforms to bribery commission, public tendering, state enterprise governance

1 min read

Sri Lanka imports rise in Jan as tourism, remittances boost dollar incomes

.The trade deficit expanded to 541 million US dollars from 445 million as non-Merchandise incomes were spent

2 min read

Sri Lanka begins solar pilot project on plantation

Semi transparent solar PV powered agrivoltaic pilot project commissioned in Hanthana

1 min read

Sri Lanka rupee opens at 309.05/15 to the US dollar

Sri Lanka’s rupee opened at 309.05/15 to the US dollar Friday, dealers said. Bond yields were broadly stable

1 min read

Sri Lanka’s RAMIS online tax collection system “not operatable”: IT Minister

Sri Lanka is still struggling to boost tax collection via online

2 min read

Sri Lanka aims to boost SME with Sancharaka Udawa tourism expo

Tourism industry exhibition will bring together businesses ranging from hotels to travel agents and airlines

Apsara Rodrigo

2 min read

Sri Lanka rupee closes at 309.50/70 to the US dollar

Sri Lanka’s rupee closed at 309.50/70 to the US dollar Thursday, dealers said. Bond yields slightly higher.

1 min read

Sri Lanka to expand Aswesuma benefits to around 40-pct of population ahead of polls

In December, the government had 1.41 million Aswesuma beneficiaries.

2 min read

ICT

Sri Lanka to get Cyber Security Act, Authority: Min

Digital economy had grown from 4.73 to 5 percent.

1 min read

Sri Lanka stocks close down, turnover stays above 1bn

JKH was the most actively traded stock of the day; its subsidiary CCS announced a partnership with Reliance

1 min read

Sri Lanka inflation rises 5.9-pct over 17 -months, food down

Food prices were down 1.6-pct over 17-months despite VAT hike

2 min read

Sri Lanka president's party claims opposition SJB members to join them after March 10

"After March 10, a majority of SJBers will join us," he said.

1 min read

Japan trains Sri Lanka Coast Guard on oil spill response

The Japan Coast Guard (JCG) has trained 37 officers of the Sri Lanka Coast Guard (SLCG) on how to handle oil spills,

1 min read

Sri Lanka wants to ensure absence major power rivalries in Indian Ocean: president

Wickremesinghe also called for cooperation among major powers rather than competition.

3 min read

Sri Lanka's NPP continues to lead voting intent poll ahead of main opposition

It showed no substantial change in general election voting intentions in January 2024 compared to the previous month.

2 min read

Sri Lanka's Motor Traffic Dept in final phase of digitalization: Min

DMT registers doubling of profit in 2023 despite vehicle import ban

2 min read

Sri Lanka rupee opens at 309.90/310.00 to the US dollar

Sri Lanka’s rupee appreciated further to open at 309.90/310.00 to US dollar Thursday, dealers said. Bond yields steady...

1 min read

Sri Lanka confident of “smoother" IMF second review: State Minister

The IMF has already disbursed two tranche of the EFF

1 min read

Sri Lanka's religious leaders need to cultivate harmony: Prez

Acknowledged the intrinsic connection between religion and reconciliation

5 min read

Sri Lanka rupee closes at 310.00/15 to the US dollar

Sri Lanka’s rupee closed at 310.00/15 to the US dollar Wednesday, dealers said. Bond yields were steady.

1 min read

Sri Lanka Treasuries yields edge up after steep fall

Sri Lanka's Treasuries yield have come down sharply in recent weeks

2 min read

Sri Lanka stocks close up, retail activity coming in

Turnover was at 1.2 billion.

2 min read

Sri Lanka Education Ministry asks schools to keep children out of sun

Extreme hot weather may rise tomorrow and next day, avoid keeping school students outdoors in high temperatures

2 min read

Sri Lanka focused on national unity: FM at UN Human Rights Council

How Council approaches crisis in Gaza litmus test to credibility, reiterated importance of avoiding double standards

2 min read