An Echelon Media Company
Saturday November 27th, 2021

Farmers ask President to prevent artificial rice shortages

On the campaign trail in Polonnaruwa President Gotabaya Rajapaksa has been asked by local farmers not to allow “interm...

2 min read

Sri Lanka coconut auction prices take a breather after run

Sri Lanka’s average coconut prices eased 0.54 percent to 55,017 rupees for a 1000 nuts at an auction on June 25, after...

2 min read

Sri Lanka to provide subsidized fertilizer for fruits and veggies though private sellers: Minister

Sri Lanka is starting a program to provide subsidized fertilizer for fruit and vegetable farmers through private distrib...

2 min read

Sri Lanka tea prices mixed, best teas take hit

Sri Lanka tea prices continued to dip apart from Pekoe teas with Low Growns and some High Growns showing good demand, ho...

2 min read

German biz chamber in Sri Lanka launches simplified exporters guidelines for local exporters

The German Industry and Commerce (AHK Sri Lanka) together with United National Industrial Development Organization launc...

Sri Lanka projects 424,500MT maize harvest in 2021 main season

Sri Lanka is projecting a record 424,508 metric tonne maize harvest in the main Maha season in 2021 amid an import ban, ...

Sri Lankan tea prices fall for 7th straight month

ECONOMYNEXT – The slump in Sri Lankan tea prices continued in August this year with the monthly auction average p...

1 min read

Sri Lanka coconut prices down 2.2-pct at auction

Sri Lanka's coconut prices fell 2.2 percent to an average of 37.06 rupees a nut at this week's auction in Colombo, offic...

1 min read

Sri Lanka to get US$100mn from ADB for tea industry upgrade

ECONOMYNEXT – The Asian Development Bank (ADB) has allocated a US$100 million loan to Sri Lanka to modernise the ...

1 min read

Sri Lanka govt pushes shift to higher value agriculture

Sri Lankan farmers should shift into higher value agriculture to avoid being trapped in low-wage subsistence farming, Mi...

2 min read

Sri Lankan palm oil firms form lobby after environmental strictures

ECONOMYNEXT – Sri Lankan palm oil growing plantations companies have banded together in a new association followi...

2 min read

Sri Lanka's coconut auction prices recover 15-pct in snap back

ECONOMYNEXT - Sri Lanka's fresh coconut prices rose 15 percent to 39.93 rupees a nut at the last auction of August in Co...

1 min read

Sri Lanka state plantations key patronage tool before privatization

Sri Lanka's state plantations became a key tool of political patronage, where procurement contracts, jobs and parcels of...

5 min read

Call to give freedom to Sri Lanka tea producers; end auction monopoly

Sri Lanka's tea producers are losing out, and innovation and marketing have been stifled due to a restrictive auction sy...

3 min read

Reserve funds mooted to help Sri Lankan plantations ride commodity downturns

ECONOMYNEXT – The creation of financial reserves to help Sri Lankan regional plantations companies (RPCs) ride ou...

1 min read

Hybrid seeds, predatory mites to raise Sri Lanka coconut crop

ECONOMYNEXT – Sri Lanka’s Plantation Industries Ministry has got approval for new projects to improve coco...

1 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 201.2131 200.9721
UK Pound 267.6235 268.1470
Euro 225.6504 225.2998
Aus Dollar 143.8472 144.8205
Yen 1.7515 1.7421
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6970 2.6953
Korea Won 0.1686 0.1689
Oman Rial 522.6246 522.0190
Saudi Riyal 53.6354 53.5768
UAE Dirham 54.7802 54.7146
Source: Central Bank/Indicative
pts %
S&P SL20 3,767.41 0.44%
CSE All Share 11,025.73 1.06%
Turnover Rs million. 2,191,558,044.10 9,980,315,103
Source: CSE
Latest Last
3-m bill 7.63 7.76
6-m bill 7.88 7.96
12-m bill 8.16 8.20
5-yr bond 10.58 10.47
8-yr bond 11.20 11.21
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.93 5.99
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka fresh coconuts up 6.4-pct at auction

Sri Lanka's average price or fresh coconuts rose 6.4 percent from a week earlier to 32,770 rupees per 1,000 nuts, as har...

1 min read

India to part-finance refrigerated warehouse in Sri Lanka

ECONOMYNEXT – A planned temperature controlled storage facility to be set up in central Sri Lanka, funded largely...

1 min read

Sri Lanka increases planting subsidies for rubber

ECONOMYNEXT – Sri Lanka’s government is to sharply raise subsidies given to farmers for planting rubber tr...

1 min read

Sri Lanka's LMF to invest Rs2bn in new dairy farm

Lanka Milk Foods, a unit of Sri Lanka's Melstacorp Plc, said it will invest 2 billion rupees to set up a dairy farm with...

2 min read

Sri Lanka coconut prices plunge 30-pct at auction; export ban may be lifted

Sri Lanka's fresh coconuts dropped to an average 30 percent to 30,793 rupees for 1,000 nuts at the latest auction in Aug...

2 min read

Sri Lanka rice output to grow 56-pct in Yala 2018

Sri Lanka's rough rice output in the current Yala minor agricultural season is projected to be up 56 percent from a year...

2 min read

Sri Lanka fresh coconut prices fall steeply at auctions

Sri Lanka's fresh coconut prices have started to fall sharply at auctions, with many desiccated coconut and oil mills wh...

2 min read

Sri Lanka’s Watawala Plantations June net down 57-pct

ECONOMYNEXT – Sri Lanka’s Watawala Plantations net profit fell 57% to 164 million rupees in the June 2018 ...

2 min read

Sri Lanka’s Talawakelle Tea June quarter profit flat

ECONOMYNEXT – Sri Lanka’s Talawakelle Tea Estates June 2018 quarter was virtually flat at 46 million rupee...

1 min read

Sri Lanka to set up cold storage unit for farm produce to cut post-harvest losses

ECONOMYNEXT – Sri Lanka’s government is to set up a temperature controlled storage facility at Dambulla, ...

1 min read

1 30 31 32 33 34 38