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Sunday September 19th, 2021
General Industry

Sri Lanka manufacturing, service start to recover in June 2021

Third wave led to a dip in May

6 min read

Sri Lanka's CEAT Kelani radial tyre capacity raised amid money printing, import controls

Radial capacity up over 30-pct in 2021

6 min read

Sri Lanka retailers seek utility relief, re-opening of closed outlets

The SLRA has also requested permission to re-open some of the sectors that are currently closed.

6 min read

Sri Lanka's China backed Xinji 'plug-and-play' electronic park built at high speed

The first factory ready to produce in an year

6 min read

Sri Lanka to co-produce Sinovac vaccines: Minister

Plant being readied in Kundasale

1 min read

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Sri Lanka PMI shows manufacturing, services drop in April

Covid-19 third wave hits activity except hotels

2 min read

Sri Lanka export firms to run with workers from outside Covid-19 lockdown areas

Export firms should operate a bio-secure bubble by ensuring secure transport and accommodation

1 min read

Sri Lanka to run long-distance office trains for essential workers

Employers asked to only the bare minimum workers

2 min read

Sri Lanka Air Force to produce high flow oxygen units for Covid-19 patients

The Air Force was planning to produce 50 machines and was ready to make more

1 min read

China looking at Sri Lanka to fill and finish Sinopharm Covid-19 vaccines

World Health Organization has approved the emergency use of Sinopharm vaccine

2 min read

Sri Lanka to start trial production of RT-LAMP Coronavirus test kit: SLINTEC

Manufacturing of trial batches will commence soon, which will then be followed by commercial production

2 min read

Sri Lanka's Ocean Lanka develops new fabric dying technology

Process slashes water use by over 60 percent, cuts energy use by 20 percent and is 30 percent faster

2 min read

Sri Lanka's Hayleys buys South Asia Textiles for Rs3.9bn

Hayleys Fabrics, a unit Sri Lanka's Hayleys group said it had bought 98.84 percent of South Asia Textiles Limited, weft-...

1 min read

Sri Lanka manufacturing, services expands in March 2021: PMI

Sri Lanka's manufacturing Purchasing Managers Index reached a 9-month high as activities continue to recover backed by p...

2 min read

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Latest Last
US Dollar 200.0000 200.0063
UK Pound 275.8000 276.7787
Euro 235.2700 236.3574
Aus Dollar 145.7600 146.5546
Yen 1.8202 1.8301
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.7197 2.7215
Korea Won 0.1699 0.1710
Oman Rial 519.4940 519.5104
Saudi Riyal 53.3177 53.3286
UAE Dirham 54.4492 54.4509
Source: Central Bank/Indicative
pts %
S&P SL20 3,309.99 0.67%
CSE All Share 8,848.04 -0.93%
Turnover Rs million. 2,191,558,044.10 3,956,871
Source: CSE
Latest Last
3-m bill 5.85 5.77
6-m bill 5.90 5.82
12-m bill 5.97 5.89
5-yr bond 8.69 8.47
8-yr bond 9.18 9.05
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

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...

7 min read

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...

2 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...

1 min read

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...

2 min read

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Sri Lanka PM opens DAG Apparel factory in Moneragala

Sri Lanka's Prime Minister Mahinda Rajapaksa has commissioned a 500 million rupee export apparel factory in Moneragala, ...

1 min read

Pakistan, Sri Lanka in talks for pharma JVs supported by buy-back deals

Sri Lanka has invited the Pakistani Pharmaceutical Manufacturers’ Association (PPMA) to set up joint ventures with par...

2 min read

China MCC in talks with Sri Lanka over US$310mn mineral sand venture

China Metallurgical Group Corporation (MCC) is in talks with Sri Lanka over a 310 million US dollar mineral sand project...

2 min read

2

Sri Lanka manufacturing, services expand in Jan 2021:PMI

Sri Lanka's manufacturing Purchasing Managers' Index remained in expansion at 60.2 percent though 1 point down from Dece...

2 min read

Sri Lanka makes ceramic components for New Zealand tech company

Royal Fernwood Porcelain Limited, manufacturer of porcelain tableware said it had begun producing engineering components...

2 min read

Sri Lanka's Piramal Glass Ceylon net up 60-pct

Sri Lanka's Piramal Glass Ceylon Plc, said profits rose 60 percent from a year ago to 378 million rupees in the December...

1 min read

2