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Saturday October 23rd, 2021
General Industry

Sri Lanka's Katunayake Coronavirus curfew to contain Covid-19 infections from factories

Sri Lanka has imposed a Coronavirus curfew in Katunayake police area to reduce the chances of Covid-19 spreading from fa...

3 min read

Sri Lanka factory attendance drops as Covid-19 found in more firms

Sri Lanka's export firms are seeing attendance drop to the current Coronavirus wave which raising concerns over producti...

3 min read

Second Sri Lanka factory under coronavirus cloud - Updated

A factory in the Katunayake Export Processing Zone is being sanitized and associates of a suspected coronavirus patient ...

3 min read

Hemas Holdings start Sri Lanka pharma plant to make five billion pills

Morison Plc, a unit of Colombo-based Hemas Holdings Plc, has opened an 18.5 million dollar pharmaceuticals plant which c...

3 min read

Hemas Holdings 'AAA(lka)' rating confirmed by Fitch

Fitch Ratings has confirmed at 'AAA(lka)' domestic rating of Sri Lanka's Hemas Holdings Plc, with a stable outlook based...

Sri Lanka food, shampoo firms hit by midnight 'regime uncertainty' as palm oil banned

Sri Lanka firms producing a range of foods and personal care items would be hit by a palm oil ban, in addition to public...

Distilleries Company of Sri Lanka net up 56-pct

Profits at Distilleries Corporation of Sri Lanka Plc, the island's largest alcohol producer, grew 56 percent to 1.66 bil...

1 min read

Sri Lanka industrial activity grows in June

Sri Lanka's industrial activity grew 2.2 percent in June 2019 from a year earlier, with a growth in petroleum refining, ...

2 min read

Chevron Lubricants unit profits down 13-pct in June quarter amid flat Sri Lanka revenues

Profits at Chevron Lubricants Lanka Plc, a unit Chevron. fell 13 percent from a year earlier to 439 million rupees in th...

1 min read

Sri Lanka's Piramal Glass profits down over upgrade

Piramal Glass Plc, a Sri Lanka based publicly traded unit of India's Piramal group said profits in the June 2019 quarter...

2 min read

Sri Lanka Hayleys MGT profits sharply up in June quarter

Profits at Sri Lanka's Hayleys Plc, a fabric maker grew to 227 million rupees in the June 2019 quarter from 16 million r...

1 min read

Sri Lanka standards limiting eco-friendly cement production

Ceilings set on clinker substitutes such as slag by Sri Lanka Institute of Standards, is blocking eco-friendly producti...

2 min read

Fly ash cement grabs over third of sales at Sri Lanka's Tokyo Cement

Tokyo Cement Plc said its blended hydraulic cement made with fly ash from Sri Lanka's coal power plants has made rapid m...

2 min read

Sri Lanka industrial activity recovers in May

ECONOMYNEXT- Sri Lanka’s industrial activity recovered in May after slumping to a three-year low in April 2019, w...

2 min read

Sri Lanka seeks to promote science, technology, help innovators find investors

ECONOMYNEXT –Sri Lanka’s ministry of science, technology and research will hold an exhibition, “Shil...

2 min read

Sri Lanka stationery maker Atlas in South East Asia push

Atlas Axilia, a top stationery manufacturer in Sri Lanka, is planning to grow exports to South East Asia, where it may a...

2 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 201.0455 200.5117
UK Pound 277.3121 277.2676
Euro 233.7456 233.8869
Aus Dollar 150.2614 151.2660
Yen 1.7625 1.7543
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6854 2.6801
Korea Won 0.1705 0.1707
Oman Rial 522.2097 520.8231
Saudi Riyal 53.6007 53.4541
UAE Dirham 54.7338 54.5885
Source: Central Bank/Indicative
pts %
S&P SL20 3,572.70 0.54%
CSE All Share 9,881.50 1.78%
Turnover Rs million. 2,191,558,044.10 4,268,523
Source: CSE
Latest Last
3-m bill 7.19 6.64
6-m bill 7.31 6.80
12-m bill 7.46 6.96
5-yr bond 10.52 9.48
8-yr bond 11.37 9.97
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lankan unit of Piramal Glass invests Rs.1.3bn to expand export production

Piramal Glass Ceylon Plc (PGC), Sri Lanka's glass bottle manufacturer, has invested 1.3 billion rupees on a new bottling...

2 min read

South Korean investor expands packaging manufacture in Sri Lanka

ECONOMYNEXT – A South Korean investor making labels and hand tags in Sri Lanka is expanding its packaging manufac...

1 min read

INSEE Ecocyle to manage waste at Sri Lanka industrial zone till 2035

INSEE Ecocycle Lanka, a unit of INSEE Cement will operate a waste management facility at an industrial zone in till 2035...

1 min read

Sri Lanka industrial activity falls to 3-yr low in April amid Easter terror

Industrial activity in Sri Lanka slumped to a 3-year low in April 2019, as traditional holidays, followed by the Easter ...

2 min read

KPMG Sri Lanka to unveil global CEO survey report

Audit firm KPMG International’s Sri Lanka unit said it will release the results of a global CEO survey in Colombo...

3 min read

Sri Lanka producers suggests tax cut for incremental exports after Easter Sunday attack

Sri Lanka's exporters are looking to export excess goods produced and not consumed in the post-Easter Sunday economy, a ...

1 min read

Sri Lanka's Lion Beer gives profit warning on blasts, taxes

Sri Lanka's Lion Beer Plc said it expected a downturn in tourism after Easter Sunday blasts to hit revenues and also war...

2 min read

Sri Lanka's industrial activity grows in March

Sri Lanka's industrial activity had grown 11.8 percent in March 2019 from a month earlier, as the country prepared for t...

2 min read

Lion Brewery seeks to cut costs, boost exports in post-terror Sri Lanka

Sri Lanka's largest beer manufacturer, Lion Brewery Ceylon Plc, is looking to cut costs and boost exports after a fall i...

3 min read

Sri Lanka manufacturing, services grow in March

Sri Lanka's manufacturing and services sectors grew in March 2019 from a month earlier ahead of the seasonal demand for ...

2 min read

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