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Monday October 18th, 2021
General Industry

Sri Lanka's CEAT ups tyre output amid import controls, holds prices

Sri Lanka's CEAT KELANI Holdings Plc, a joint venture with India's CEAT group has boosted output 35 percent and is addin...

3 min read

Sri Lanka auto workshops say they can fix state vehicles at a lower cost

Sri Lanka Automobile Service Association representing automobile repair workshops around the country say they could repa...

3 min read

Sri Lanka to set up new industrial zone for Gampaha-Kegalle

Sri Lanka will set up a new industrial zone in an area spanning the Gampaha and Kegalle districts with a dozens of indus...

3 min read

Sri Lanka PMI: manufacturing, services up August 2020 with Covid-19 control

A Purchasing Mangers' Index for July 2020 showed Sri Lanka's manufacturing and services continuing a recovery seen in Ju...

3 min read

Blackstone group enters Sri Lanka taking over Piramal Glass unit

US-based Blackstone Capital has taken over Sri Lanka's publicly traded Piramal Glass (Pvt) Ltd, paying 6.2 billion rupee...

Sri Lanka to set up pharmaceutical zone in Horana

Sri Lanka will set up a pharmaceutical investment zone in Millewa, Horana with an initial investment of 8 billion rupees...

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

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 200.0930 201.2500
UK Pound 274.9278 275.3503
Euro 231.9678 233.5204
Aus Dollar 148.4390 149.2873
Yen 1.7539 1.7676
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6665 2.6988
Korea Won 0.1689 0.1701
Oman Rial 519.7356 522.7409
Saudi Riyal 53.3468 53.6567
UAE Dirham 54.4745 54.7895
Source: Central Bank/Indicative
pts %
S&P SL20 3,546.17 -0.01%
CSE All Share 9,648.18 0.25%
Turnover Rs million. 2,191,558,044.10 705,911,605
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 Lanka industrial activity up 0.6-pct in Feb

Sri Lanka's industrial sector activity grew 0.6 percent in February 2019 from a year earlier, with a recovery in coke an...

1 min read

Mahindra Sri Lanka JV plant to produce mini-SUVs from June

A joint venture plant between Sri Lanka's Ideal Motors and Mahindra and Mahindra of India will begin assembling 100 mini...

1 min read

Sri Lanka plans 6,000 acre investment zone in Monaragala: PM

Sri Lanka is planning a 6,000 acre industrial zone in Monaragala as well as a total of 6,000 acres of industrial areas i...

2 min read

Sri Lanka manufacturing, services sector growth slows in Feb

Sri Lanka's manufacturing and services sector growth slowed down in February from January amid a shorter month and uncer...

3 min read

Sri Lanka’s Bogala Graphite gains on high value products, rupee weakness

ECONOMYNEXT – Sri Lankan graphite miner Bogala Graphite said its return to profit in 2018 was helped by more sale...

1 min read

Sri Lanka industrial activity flat in January, food output down

Manufacturing activity in Sri Lanka grew marginally by 0.1 percent in January 2019 compared to a year earlier, the Censu...

1 min read

Sri Lanka to set up drugs manufacturing zone near Hambantota port

ECONOMYNEXT – Sri Lanka is to set up a pharmaceutical manufacturing zone close to the southern in Hambantota port...

1 min read

Prima to increase investments in Sri Lanka

ECONOMYNEXT- Prima Ceylon (Pvt.) Ltd, Sri Lanka's largest flour mill, is hoping to increase its investments after 40 yea...

2 min read

Regulatory trap thwarts Sri Lanka clay tile makers from clearing silted tanks

A web of regulations and processes is blocking Sri Lanka's clay tile makers from clearing silt from tanks which can expa...

3 min read

Sri Lanka industrial activity grows in December with higher food production

Sri Lanka's industrial activity grew 1.6 percent in December 2018 compared to November with higher food production in th...

2 min read

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