An Echelon Media Company
Thursday June 20th, 2024

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

June 19, 2024 1 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

June 18, 2024 2 min read

In Sri Lanka's North, legal alcohol is too far away, Lion Brewery says

1 off-premise licensed outlet every 45sqkm on average, while in North this stands at one outlet per 167sqkm

June 17, 2024 2 min read

Sri Lanka coconut prices extend gains in June

Coconut prices rose 20 percent over May at the weekly auction

June 16, 2024 1 min read
Sri Lanka diaspora fund online learning platform to provide education for all ages

Operated by Regent Global, it has been funded by the Sri Lankan diaspora in the UK.

Sri Lanka's JAT binder plant looks to export excess product

Potential for exporting excess production of binders, foundational component of wood coatings, emulsion paint

Sri Lanka coastal plantation of pomegranates yields bumper crop

“The sea breeze is favorable for pomegranate cultivation in Batticaloa,”

June 13, 2024 1 min read

Sri Lanka tea plantation female workers overlooked for promotions: Minister

Less than qualified men are in management positions, because they know how to order people around

June 13, 2024 2 min read

Sri Lanka plantations to battle state directed wage hike in courts

May hurt the ability to service bank loans

June 13, 2024 3 min read

Renovation in Sri Lanka’s Northern rail track to reduce Colombo-Jaffna train time to 5.5 hours

Renovations started in January with Indian financial assistance

June 12, 2024 1 min read

Sri Lanka Railways explores leasing space above stations, increasing goods trains to boost revenue

Sri Lanka Railways has yet to make profit despite ticket price hike in 2022

June 12, 2024 2 min read

Sri Lanka to promote sea cucumber hatcheries due to demand: Minister

“They are like black gold,” Devananda said.

June 11, 2024 1 min read

Sri Lanka planters demand justice after Minister storms estate, drunken gang takes staff hostage

Ministers denies anyone was taken hostage

June 11, 2024 5 min read

Sri Lanka's MAS Holdings signs agreement to buy Ambercycle material

Three-year offtake agreement to buy recycled material.

June 11, 2024 2 min read

Russia to stop recruiting Sri Lankans for Ukraine war: FM after meeting Lavrov

Addressed issues concerning ex-Sri Lankan servicemen in the Russian military

June 11, 2024 2 min read

SriLankan drops pepper & salt from economy class dish, makes on demand after survey

Pepper & salt still served for business class passengers

June 10, 2024 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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

Sri Lanka, Bangladesh discuss FTA, agriculture modernization, ferry and private investment

Hasina pledged to direct private investors from Bangladesh towards investment opportunities in Sri Lanka

June 10, 2024 2 min read

Sri Lanka will be able to better penetrate India market with ECTA: ILCCI chief

"This is a golden opportunity for us to integrate our economies"

June 10, 2024 3 min read

Sri Lanka tea prices fall for third consecutive week

Highest priced teas fall

June 10, 2024 1 min read

Sri Lanka’s May tourism revenue rise 54-pct, arrivals up 35-pct

VFS Global expensive visa entry fee is widely expected to hit future arrivals, revenue

June 8, 2024 2 min read

Sri Lanka tourist promotion officials reject VFS Global half million dollar offer: Harin

We said we cannot do that

June 7, 2024 2 min read

Sri Lanka looks to remove obstacles in toddy export

Large market abroad for toddy, kithul, palm and coconut related products.

June 7, 2024 2 min read

Sri Lanka COPF chief under threat over VFS Global deal probe

Members representing the government are threatening him when he is examining the VFS deal

June 7, 2024 2 min read

Sri Lanka's Lankem to open fertilizer plant

Commercial operations are expected to commence by the end of the year.

June 7, 2024 1 min read

Sri Lanka eyes mammoth 4,000 workforce to man elephant fences

Looking to recruit a new workforce of at least 4,000 multipurpose development officers

June 7, 2024 2 min read

Sri Lanka printers at Drupa fair with German support

Equipped industry professionals with crucial insights into current and upcoming EU regulations

June 5, 2024 2 min read
1 2 3 204