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Monday February 6th, 2023
General Industry

Sri Lanka’s Litro Gas hikes cooking gas price by 7.5-pct

Litro Gas is raising fuel through a price formula every month to prevent losses and borrowings

February 5, 2023 1 min read

Indian yarn smuggled to Sri Lanka in currency crisis too expensive: Minister

Department of Textiles looking at import substitutes

December 1, 2022 2 min read

Sri Lanka mulls hi-tech circulator buses without conductor: Minister

Quality of public buses is low - except on expressways - due to regulated pricing and a rigid licensing system.

October 27, 2022 2 min read

Sri Lanka to end import bans on cosmetics, motor spares: Minister

Following appeals bans on 708 items had been lifted

October 22, 2022 2 min read
Coca Cola Sri Lanka returns to re-usable glass bottles in currency crisis

There is shrinkage in consumer spending and people are making choices

Sri Lanka President calls for steady national policies

Opens phama laboratory

Sri Lanka firm launches low-cost sanitary napkins for schoolgirls in currency crisis

Pack to sell at Rs140

October 4, 2022 1 min read

Sri Lanka CAA raw material control orders to private firms

If excess stocks are found the companies the CAA will decide what to do with the stocks.

September 1, 2022 2 min read

Sri Lanka's bakers want price controls on poultry farmers in shortage solution

Egg price is rs.65 and flour per kg is rs.310.

Neshella Perera
August 14, 2022 3 min read

Sri Lanka's Teejay Lanka net up 9-pct amid margin pressure

Teejay Lanka Plc, said net profits grew 9 percent 826 million rupee in the March 2022 quarter

May 28, 2022 2 min read

Sri Lanka's forex crisis enters washroom with queues for soaps, detergents

Most raw materials for soaps and detergents are imported and steep rupee fall is taking the toll - manufacturers

Neshella Perera
May 6, 2022 2 min read

Sri Lanka to give defunct state paper factory, 111-acre land on 30-year lease

The cabinet of ministers had approved a proposal by Industries Minister to formally lease the land

March 1, 2022 1 min read
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Sri Lanka's Kelani Tyres to invest Rs3.2bn expand radial tyre capacity

To boost capacity in car, SUV and motorcycle tyre

January 31, 2022 1 min read

Sri Lanka to set up state sugar factory in Moneragala

Says will boost domestic production

January 11, 2022 1 min read

Sri Lanka's largest sapphire-family corundum kindles China, US interest

Agents representing buyers from both countries had already visited to view the stone

December 16, 2021 2 min read

Sri Lanka's largest saphhire-family corundum found

This is not an aggregate. It is a single stone

December 12, 2021 2 min read
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Latest Last
US Dollar 371.7127 371.6601
UK Pound 453.5962 453.9794
Euro 396.3156 396.4763
Aus Dollar 250.1862 251.1981
Yen 2.8251 2.7549
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.3961 4.3963
Korea Won 0.2820 0.2791
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Source: Central Bank/Indicative
pts %
S&P SL20 2,653.84 -1.51%
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Turnover Rs million 4,621,153,484 2,824,714,520
Source: CSE
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3-m bill 31.03 31.03
6-m bill 29.57 29.60
12-m bill 28.41 28.41
5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka cement supplies to be boosted by INSEE with two ships

Operating at full capacity

November 3, 2021 2 min read

Sri Lanka LPG supplies wait for dollars to unload amid money printing

Gas supplies are stuck in the port

Mahadiya Hamza
November 2, 2021 2 min read

Sri Lanka plastic recycler BPPL profits down amid rising costs

High freight costs continued to curtail profit growth amid a drop in container availability

November 2, 2021 2 min read

Sri Lanka Lanwa cement sets up covered conveyor at China-run Hambantota Port

The conveyor could carry 1,200 tonnes per hour

November 1, 2021 2 min read
2

Sri Lanka's CMPorts industrial park canvasses FDI in China's Yangtze and Pearl River deltas

HIPG has stationed an investment promotion team in China

October 25, 2021 2 min read

Sri Lanka manufacturing, some services recover in Sept 2021: PMI

Retail and leisure still hit amid lockdowns

October 18, 2021 2 min read

Sri Lanka's Lion Brewery 'AAA(lka) rating confirmed by Fitch, tax hike expected

Lion has significant rating headroom to weather even more prolonged disruptions to its operations

October 2, 2021 8 min read

South Asia immigration barriers hindering industrial hub potential

It is not that the region is lacking in natural and human resources, both skilled and unskilled

September 30, 2021 6 min read

Sri Lanka money printing hits cable maker raw materials

Will result in a short supply of materials very soon

September 20, 2021 2 min read

Sri Lanka's Tess Agro eyes funds from Swiss firm to make tin cans

Food storing cans to be exported

September 15, 2021 1 min read
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