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Sunday September 19th, 2021
General Industry

Sri Lanka PMI rebounds strongly in June as Coronavirus controls relaxed

Sri Lanka's manufacturing and services Purchasing Manager's Index (PMI) has rebounded strongly for the second month in ...

6 min read

Autogroup Sri Lanka re-exports right hand drive US cars to Australia, UK

Autogroup International, Sri Lanka, which re-manufactures US made vehicles to right had drive markets is marking 25 year...

6 min read

Sri Lanka President expects businessmen to produce goods after controlling imports

Sri Lanka's President Gotabaya Rajapaksa had asked businesses to manufacture products including brooms and drugs after c...

6 min read

Sri Lanka's Ocean Lanka turns to PPE making, backs Coronavirus, elections workers

Sri Lanka-based Ocean Lanka (Pvt) Ltd, a top weft-knit weft fabric manufacturer said it is ramping up personal protectiv...

6 min read

Sri Lanka revises 'local value addition matrix' for assembled vehicles

Sri Lanka has revised the domestic 'value addition' criteria of assembled vehicles following discussions with the indust...

Ferentino Tyre Corporation commissioned by Sri Lanka President

Ferentino Tyre Corporation (Pvt) Ltd, an export oriented greenfield project which the firm says will be South Asia's lar...

Sri Lanka tariffs, land stumbling blocks for factories

State regulations, protectionist para-tariffs and lack of industrial land in Sri Lanka has stopped competitive new indus...

3 min read

Sri Lanka sees more FDI firms exiting than entering: study

ECONOMYNEXT - Many firms registered with the Board of Investment which regulated foreign investments have exited Sri Lan...

4 min read

Sri Lanka manufacturing index grow 1.1-pct in July

Industrial production activities in Sri Lanka during July 2018 grew by 1.1 percent compared to a year earlier, an index ...

1 min read

Ceat Kelani gets Sri Lanka state bus service tyre deal

ECONOMYNEXT – Ceat Kelani International Tyres Private Ltd. has won a contract to supply new tyres for the governm...

1 min read

PVC pipe maker to focus on projects after Sri Lanka retail market losses

Sierra Industries (Pvt) Ltd, a unit of publicly traded Sierra Cables Plc, which makes water pipes, says it is focusing o...

2 min read

New businesses to add over 1,300 jobs in northern Sri Lanka

ECONOMYNEXT – Fourteen new businesses coming up in northern Sri Lanka will create over 1,300 jobs in the former w...

3 min read

Sri Lanka 's Lion Brewery June net up 134-pct

Profits at Sri Lanka's listed Lion Brewery grew 134 percent from a year earlier to 737.7 million rupees in the June 2018...

2 min read

Sri Lanka Index of industrial production up 0.4-pct in June

Production in Sri Lanka’s industrial sector increased by 0.4 percent in June 2018 from a year earlier, data from ...

1 min read

Piramal Glass Sri Lanka unit June net down 55-pct

ECONOMYNEXT – Piramal Glass Ceylon said net profit fell 55% to Rs47 million in the June 2018 quarter from a year ...

3 min read

Sri Lanka's Ceylon Tobacco net up 47-pct, volumes grow

Profits at Sri Lanka's Ceylon Tobacco Company Plc, a unit of British American Tobacco grew 47 percent in the June 2018 q...

1 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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

Sri Lanka’s Haycarb June net down despite higher sales

Sri Lanka’s coconut shell-based activated carbon manufacturer Haycarb said net profit fell six percent to 101 mil...

1 min read

Delayed municipal polls hit Sri Lanka construction, cement industry

Delayed elections in local government bodies, had had a cascading effect on the construction industry in 2017, compoundi...

2 min read

Sri Lanka to add 31 factories to Mirigama export zone

Sri Lanka is expanding an industrial zone in Mirigama in the north central region to accommodate 31 more foreign investe...

1 min read

Sri Lankan industry wants more budget support for rubber production

ECONOMYNEXT – Sri Lankan manufacturers of natural rubber products have urged the government to allocate more mone...

2 min read

Sri Lanka motor vehicle population up 7-pct to 7.2M: report

ECONOMYNEXT - Sri Lanka's motor vehicle population grew 7 percent from a year earlier to 7.2 million in 2017, the Ceylon...

1 min read

Sri Lanka's Ceylon Cold Stores June quarter net falls 65-pct

ECONOMYNEXT - Profits of Sri Lanka's listed Ceylon Cold Stores fell 65 percent to 238.9 million rupees in the June 2018 ...

2 min read

Indian experts to help upgrade Sri Lanka tyre making

ECONOMYNEXT – Sri Lankan has got the help of Indian experts to improve tyre manufacturing processes and develop n...

2 min read

Sri Lanka industrial activity picks up in May

ECONOMYNEXT- Industrial activity in Sri Lanka picked up in May 2018 compared to a year ago, with higher production in th...

1 min read

Sri Lanka's Loadstar to be part of Michelin with Camso take-over

Sri Lanka tyre maker Loadstar, is set to become part of Michelin, with its parent being taken over by the French group, ...

1 min read

Sri Lankan glass manufacturer looks overseas as local sales fall

ECONOMYNEXT- Sri Lankan glass bottle manufacturer, Piramal Glass Ceylon Plc, is turning to overseas markets as local sal...

2 min read