mainadimage
An Echelon Media Company
Wednesday September 22nd, 2021
General Industry

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

The first factory ready to produce in an year

2 min read

Sri Lanka grants tax relief to fabric makers in Eravur zone

Tax relief up to 10 years for larger investments

2 min read

Sri Lanka's JAT Holdings seeks Rs1.5bn in IPO, Rs731 sale by investor

Plans to develop export markets

2 min read

Sri Lanka fabric park for 'greener' apparel with transparent supply chain

BOI upgrading older industrial to higher eco-standards

2 min read

Sri Lanka nautical tourism to sail beyond the beach with boat show

Pleasure boating, leisure fishing and marine engineering on view

Sri Lanka manufacturing, service start to recover in June 2021

Third wave led to a dip in May

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

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

1

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

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 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

Sri Lanka's Global Rubber Industries adds agricultural tyre capacity

Sri Lanka's Global Rubber Industries said it is adding an agricultural tyre palnt that will take its capacity to 750,000...

2 min read

Sri Lanka state land on 30-year lease to Pelwatte Milk

Sri Lanka's cabinet of ministers had approved the transfer of 22 hectares of state land to Pelwatte Milk Industries Ltd,...

1 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...

1 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...

1 min read

3

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.

1 min read

Sunshine, Akbar form Sri Lanka pharma business stretching from R&D to retail

Sri Lanka's Sunshine Holdings and Akbar Brothers have combined their pharmaceutical units to create a combined entity th...

2 min read

Sri Lanka's Lanwa Sanstha Cement Corporation to start production in June 2021

Sri Lanka's Lanwa Sanstha Cement Corporation (Pvt) Ltd, affiliate of Ceylon Steel Corporation Limited said it is aiming ...

2 min read

Sri Lanka approves tax breaks for China tyre factory

Sri Lanka has approved tax breaks for a 300 million dollar tyre factory to be built by Shandong Haohua Tire Co. Limited ...

1 min read

3

Standard Chartered Sri Lanka finances PPE export production

Standard Chartered Sri Lanka said it had financed personal protective equipment manufacture for export at Sri Lanka's Di...

2 min read