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Friday November 13th, 2026
General Industry

Sri Lanka's Dipped Products to invest Rs1.6bn in solar power, re-use more water

Already 93-pct of energy needs met by biomass and renewable sources

August 20, 2023 1 min read

Sri Lanka cancels 1,200 acre land lease to non-starter Hambantota refinery

A 420,000 barrels a day refinery was proposed

August 15, 2023 1 min read

Sri Lanka warned that 12-month mining permit would make investors "run away"

Because that is too much of a risk for someone to come and invest

August 3, 2023 3 min read

Sri Lanka mineral industry kept down by unusual export value added tax

In Sri Lanka royalties are charged on the free on board (export) price of the mineral, not the pithead price

August 3, 2023 3 min read

Sri Lanka's Colombo Dockyard returns to losses in Dec on forex transactions

Colombo Dockyard Plc, a Sri Lankan shipbuilding unit of Japan's Onomichi Dockyard, reported a 90.98 million rupee loss f...

March 2, 2020 2 min read

Sri Lanka cigarette sales down 19-pct in Dec quarter after tax hikes says BAT unit

Sri Lanka's legal cigarette sales are fell 19 percent in the December 2019 from a year earlier after tax and price hikes...

February 26, 2020 2 min read

Sri Lanka cement capacity to outstrip demand in next few years

Sri Lanka's cement production and bagging capacity will outstrip demand in the near term with new plants coming in, unti...

February 23, 2020 2 min read

Coronavirus dampens Sri Lanka manufacturing and service activity in Jan

Sri Lanka's industrial and service sectors fell in January from December on the coronavirus outbreak in China, the centr...

February 17, 2020 2 min read

Sri Lanka's Lion Brewery profits fall in Dec

Lion Brewery Plc, Sri Lanka's largest beer manufacturer, said net profits for the December quarter fell 50 percent to 55...

February 13, 2020 2 min read

Sri Lanka apparel exporters eye regional supply chain management

Sri Lanka's apparel industry has the capacity to expand into offshore supply chain management for their customers and bu...

Mahadiya Hamza
February 13, 2020 2 min read

Apparel slowdown dampens Sri Lankan industrial activity in Dec

Sri Lanka's industrial activitiy slowed in December from a month earlier, with a fall in apparel manufacturing, the stat...

February 12, 2020 2 min read

Sri Lanka firms could cut chemical usage by 40-pct: UNIDO

Sri Lankan firms could cut chemical usage and costs by 40 percent and save on water and energy use if they follow best ...

February 12, 2020 2 min read

Distilleries Company of Sri Lanka profits up in Dec on lower input costs

Distilleries Company of Sri Lanka Plc (DCSL) posted 1.47 billion rupees in net profits for the December quarter, rising ...

February 11, 2020 2 min read

Sri Lanka's Ceylon Graphene Technologies ups capacity as advanced batteries are readied for sale

Ceylon Graphene Technologies, a start-up nano technology firm in Sri Lanka is expanding capacity as industrial batteries...

Chanka Jayasinghe
February 7, 2020 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 332.3603 330.8514
UK Pound 440.9424 438.3450
Euro 368.4879 371.0168
Yen 2.0805 2.0916
Aus Dollar 227.4342 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5474 3.4202
Korean Won 0.2492 0.2479
Oman Rial 863.2287 859.3320
Saudi Riyal 88.5586 88.0955
UAE Dirham 90.4874 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 6,365.57 +0.26%
CSE All Share 22,157.40 +0.56%
Turnover Rs 2975.05 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

UNIDO to help Sri Lanka formulate industrial policy

The United Nations Industrial Development Organization will help Sri Lanka to create an industrial policy to move into ...

February 7, 2020 4 min read

Sri Lanka's Teejay Lanka profits up in Dec quarter

Sri Lanka's Teejay Lanka Plc, a fabric maker which also has operations in India, said profits grew 31 percent to 718 mil...

February 7, 2020 2 min read

Denmark's Orana to set up fruit processing plant in Sri Lanka

Denmark-based Orana, a fruit compound maker will set up a 1.5 million dollar processing plant in Sri Lanka, the state in...

February 6, 2020 1 min read

Sri Lanka's Kahatagaha Graphite mine to seek partner to add value

Sri Lanka's state-run Kahatagaha Graphite has been given the clearance to seek an investor to add value to production, t...

February 6, 2020 1 min read

Sri Lanka's Tokyo Cement returns to profit in Dec 2019 quarter

Tokyo Cement Plc, which runs grinding plants in Sri Lanka and also distributes imported cement earned profits of 257 mil...

January 30, 2020 1 min read

Sri Lanka's Atlas Axillia overcomes boycotts, eyes exports

Atlas Axillia, a top stationery maker in Sri Lanka, says it has managed overcome any significant dent to revenue from th...

Chandeepa Wettasinghe
January 28, 2020 3 min read

Manufacturing growth slows, services accelerate to 24-month high in Dec

Sri Lanka’s manufacturing sector growth slowed in December from a month earlier, while services accelerated to a 24-mo...

January 20, 2020 3 min read

Inland Revenue Department in Sri Lanka flashes red light as firms charge wrong VAT

Sri Lanka's Inland Revenue Department officials said they have found businesses which have been charging Value Added Tax...

January 17, 2020 2 min read
1

Wood and paper production boom in November ahead of Christmas holidays

Sri Lanka's industrial production grew 1.3 percent in November 2019, compared from a year earlier, with a boom in wood a...

January 13, 2020 2 min read

Keells Food Products cooks up new food trend in Sri Lanka with Ezy Rice

Keells Food Products Plc (KFP), a unit of Sri Lanka's John Keells Holdings, is expecting its 'Krest Ezy Rice' branded pr...

Chandeepa Wettasinghe
January 6, 2020 4 min read