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Friday November 13th, 2026
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

July 7, 2021 2 min read

Sri Lanka grants tax relief to fabric makers in Eravur zone

Tax relief up to 10 years for larger investments

July 7, 2021 3 min read

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

Plans to develop export markets

July 6, 2021 2 min read

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

BOI upgrading older industrial to higher eco-standards

June 30, 2021 5 min read
Macubator to support Sri Lanka and regional start-ups

A start-up accelerator backed by MAC Holdings hopes to support aspiring entrepreneurs, uni students commercialize ideas

Sri Lanka wants university research to lead to commercially viable products

Ministry of Industries pushes universities, business to work together to produce exportable, commercially-ready products

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 ...

July 25, 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...

July 19, 2018 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...

July 17, 2018 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, ...

July 16, 2018 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...

July 13, 2018 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...

July 11, 2018 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...

July 11, 2018 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...

July 10, 2018 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...

July 2, 2018 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...

June 22, 2018 3 min read
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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
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Turnover Rs 2975.05 million 1193.67 million
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8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
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Source: Central Bank/Indicative

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...

June 13, 2018 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...

June 8, 2018 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...

May 31, 2018 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 ...

May 28, 2018 2 min read

Indonesia's Gama and Melstacorp in Sri Lanka cement venture

Sri Lanka's Melstacorp Plc, said it is moving into the import and distribution of cement with Gama Corporation, an Indon...

May 25, 2018 1 min read

Sri Lanka's MAS, other apparel firms in expansion drive

Sri Lanka's MAS group and several apparel firms are investing in boosting export production capacity, amid an overall in...

May 24, 2018 1 min read

Sri Lanka's Prima unit to set up US$28mn food plant

Ceylon Agro-Industries Ltd, a unit of Singapore based Prima group is setting up a 28 million US dollars plant to expand ...

May 23, 2018 1 min read

New solid waste disposal system for Sri Lanka export zone

ECONOMYNEXT – Sri Lanka’s investment promotion agency, the Board of Investment, plans to introduce a new s...

May 18, 2018 2 min read

IFC to finance Fairway Sri Lanka's waste-to-energy firm

Washington based International Finance Corporation said it is planning to help finance a 67 million US dollar waste-to-e...

May 18, 2018 1 min read

New beer tax policy brings cheer to Sri Lanka's Lion Brewery

ECONOMYNEXT - Sri Lanka's Lion Brewery has praised the government’s new tax policy based on alcohol content, sayi...

May 18, 2018 3 min read