An Echelon Media Company
Friday November 13th, 2026
General Industry

Sri Lanka seeks development agency backing for CEB reforms

"A reforms office will be opened at the Ministry of Power & Energy to see through the transformation."

February 24, 2023 2 min read

Sri Lanka bakers hold bread prices after power hike on demand fall

The current prices are too high and if we increase it more it will result in further downfall of the business

February 17, 2023 3 min read

Sri Lanka President launches assembled Hyundai car amid economic crisis

The introduction of this vehicle takes place at a time when Sri Lanka's economy collapsed

February 11, 2023 2 min read

Sri Lanka's Teejay Lanka Rs365mn in the red as Fed tightens

The Group observed capacity underutilization in all three plants due to the softness in the market

February 9, 2023 2 min read
Sri Lanka minister wants price controls on maize ethanol to protect state enterprise

But parties are making ethanol from maize for around 173 rupees a litre

Sri Lanka government firm can make a lower cost arrack for people: Minister

Government to scientifically produce high quality alcohol

Sri Lanka tile, brick, gem, carpentry industry blocked by 'un-necessary' regulations: President

Several traditional industries and crafts in Sri Lanka which use mined natural resources and timber are constrained by '...

January 4, 2020 1 min read

Sri Lanka's ACL Cables wraps up acquisition of Cable Solutions

ACL Cables Plc, a Sri Lankan cable producer, said it completed the planned purchase of 51 percent of shares in Cable Sol...

December 20, 2019 1 min read

Sri Lanka’s McLarens Holdings eyes automobile component manufacture

Sri Lanka's McLarens Holdings, a shipping sector player that has started an advanced engineering and productivity enhanc...

Tania Madies
December 18, 2019 2 min read

Sri Lanka monthly manufacturing growth slows, services accelerate in Nov

Sri Lanka's manufacturing growth slowed in November on the apparel industry, while services growth accelerated during th...

December 17, 2019 2 min read

Lanka Tiles partners China firm to export tiles to the US amid trade war

Lanka Tiles Plc, a Sri Lankan ceramics firm, said it has entered into a joint venture with China's Foshan Shiwan Yulong ...

December 16, 2019 2 min read

Sri Lanka to widen negative list for foreign investments

Sri Lanka will expand a negative list for foreign investments in an unspecified set of industries, a government policy d...

December 16, 2019 1 min read

Sri Lanka industrial activity grows in October on higher food, apparel production

Sri Lanka's industrial activity had expanded 1.1 percent in October 2019 from a year earlier, the state statistics offic...

December 13, 2019 1 min read

Sri Lanka to cut wheat flour import duty to relax oligopoly as rice prices spike

Sri Lanka will cut import taxes to end a wheat milling and flour oligopoly and bring prices down, as rice prices spiked,...

December 12, 2019 2 min read

Sri Lanka invites more investments, tourists from China

Hi-tech Chinese companies should invest in Sri Lanka and more tourists could also visit the island now that the sector h...

December 10, 2019 2 min read

Used CFL mercury piled up in Sri Lanka with tight regulations: report

A bulb maker which set up a re-cycling unit to safely dispose compact fluorescent lights (CFL) has been left with severa...

December 8, 2019 3 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

Sri Lanka food industries should disclose risks promptly: Health official

Food industries should disclose any risks or hazards they encounter promptly to prevent bigger problems and loss of trus...

Chanka Jayasinghe
November 27, 2019 2 min read

Sri Lanka cement production picks up

Sri Lanka's domestic cement production has risen 26.6 percent from a year earlier to 2.31 million tonnes in the first se...

November 25, 2019 1 min read

Qualified people to head Sri Lanka SOEs, president says

Only qualified and experienced people will be appointed to head Sri Lanka's statutory bodies and State-Owned Enterprises...

November 22, 2019 1 min read

Sri Lanka tableware industry seeks kaolin mining revival

Sri Lankan ceramic tableware manufacturers are trying to revive kaolin or china clay mining to reduce reliance on import...

November 22, 2019 1 min read

Sri Lanka's Ocean Lanka sees revenues grow, backed by cleaner production

Sri Lanka's Ocean Lanka (Pvt) Ltd, the island's largest weft-knitted fabric factory is boosting revenues as it ties up w...

Chanka Jayasinghe
November 20, 2019 2 min read

Piramal Glass Sri Lanka unit back in profit in Sept quarter

The Sri Lankan unit of India's Piramal Glass returned to profits in the September 2019 quarter with net earnings of 74 m...

November 15, 2019 1 min read

Festive demand boosts Sri Lanka factory output, automation hits service jobs

Sri Lanka’s factory production increased in October propelled by food and beverage manufacturing to meet festive deman...

November 14, 2019 2 min read

Sri Lanka recycling 30-pct of waste plastic, producing apparel, exports

Sri Lanka is re-cycling 30 percent of its waster plastic including waste washing up on its shores, into fabric and brush...

Mahadiya Hamza
November 12, 2019 2 min read

Sri Lanka's Dipped Products Sept quarter net up 51-pct

Sri Lankan rubber gloves maker Dipped Products' net profit rose 51 percent to 231 million rupees in the September 2019 q...

November 5, 2019 2 min read

Sri Lanka's BPPL expects yarn orders to offset softer brush sales

Sri Lanka's BPPL Holdings Plc, a brush and yarn maker using recycled plastics said profits grew 24 percent in the Septem...

October 29, 2019 2 min read