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Wednesday September 22nd, 2021
General Industry

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...

2 min read

Sri Lankans stock up, buy online in Covid-19 curfews, informal workers hard-hit: survey

Online purchasing and work from home had doubled in Sri Lanka and many people stocked more foods than earlier while thos...

2 min read

Sri Lanka manufacturing, services rebounds sharply in May from Coronavirus plunge: PMI

Manufacturing activity has rebounded strongly in May as Sri Lanka emerged from a Coronavirus crisis with some firms swit...

2 min read

Sri Lanka recycled plastics exporter sees brush demand, but yarn tied down by Covid-19

Sri Lanka’s BPPL Holdings Plc, a recycled plastics firm said export demand for the brush sector was still strong but ...

2 min read

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 to set up National Salt Company SOE with Elephant Pass salterns

Sri Lanka will set up state owned enterprise named National Salt Company to run salt pan in the Northern Province.

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

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

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 199.6314 199.9330
UK Pound 272.7364 273.2584
Euro 234.0778 234.6214
Aus Dollar 144.6529 145.2613
Yen 1.8249 1.8253
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.7092 2.7157
Korea Won 0.1688 0.1687
Oman Rial 518.5366 519.3200
Saudi Riyal 53.2308 53.3140
UAE Dirham 54.3488 54.4309
Source: Central Bank/Indicative
pts %
S&P SL20 3,266.79 -0.76%
CSE All Share 8,770.39 -0.36%
Turnover Rs million. 2,191,558,044.10 1,708,024,455
Source: CSE
Latest Last
3-m bill 5.91 5.85
6-m bill 5.95 5.90
12-m bill 6.02 5.97
5-yr bond 8.90 8.69
8-yr bond 9.26 9.18
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 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

Sri Lanka's Adam Investment back in profit in March 2018 quarter

ECONOMYNEXT - Sri Lanka's listed Adam Investments which is undergoing restructuring, reported earnings of 5.3 million ru...

2 min read

India’s Pidilite Industries opens adhesive factory in Sri Lanka

ECONOMYNEXT – Pidilite Industries Limited, an Indian adhesive and construction chemical company, has commissioned...

2 min read

Sri Lanka's Uswatte Confectionary to double revenues with biscuit push

ECONOMYNEXT - Sri Lanka's privately owned Uswatta Confectionery Works is venturing into the crowded domestic biscuits ma...

2 min read

Sri Lanka beer sales to grow slowly in 2018, currency fall to hit buying power

Sri Lanka’s legal producers will continue claw back market share from illicit hard liqour following a change in t...

3 min read

Sri Lankan businesses gain protection from influence, not strategic value: IMF

ECONOMYNEXT – Some of Sri Lanka’s most protected companies gained their protection through high tariffs an...

3 min read

Rescom Mineral Trading wins Sri Lanka ilmenite deal

ECONOMYNEXT – United Arab Emirates-based Rescom Mineral Trading FZE has won a tender from Sri Lanka’s stat...

1 min read

Switzerland’s KUK Electronic mulls plant in Sri Lanka

ECONOMYNEXT - KUK Electronic AG, a Swiss manufacturer of coils and electronics, is considering setting up a production p...

2 min read

Sri Lanka’s Elephant House doubles ice cream output with new plant

ECONOMYNEXT – Ceylon Cold Stores, a unit of Sri Lankan conglomerate John Keells Holdings, said it has commissione...

1 min read

Sri Lanka’s Piramal Glass March net down 56-pct

ECONOMYNEXT – Piramal Glass Ceylon (PGC) said net profit fell 56% to Rs92 million in the March 2018 quarter from ...

2 min read