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Friday November 13th, 2026
General Industry

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...

April 7, 2021 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...

March 30, 2021 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...

March 9, 2021 2 min read

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, ...

March 7, 2021 1 min read
Labor law reforms a must to boost competitiveness: Sri Lanka's private sector

Sri Lanka cannot be a competitive business hub without adhering to current international labour practices

Will include private sector proposals in budget: President

Leaders of private sector institutions presented proposals to the President

Sri Lanka's Dankotuwa Porcelain says workers down tools

Sri Lanka's Dankotuwa Porcelain Plc, said workers have stopped work over a pay dispute.

August 1, 2017 1 min read

Sri Lanka's TJL net down 45-pct, expects GSP+ bounce

Sri Lanka based Teejay Lanka, a fabric maker said profits plunged 45 percent to 219 million rupees in the June 2017 quar...

July 28, 2017 2 min read

Piramal Glass Sri Lanka unit June net down, floods hit sales

ECONOMYNEXT – Piramal Glass Ceylon said June 2017 quarter net profit fell 3.7% to Rs105 million from a year ago w...

July 26, 2017 3 min read

Thailand's Rojana eyeing industrial parks in Sri Lanka

Thailand's Rojana group which operates industrial zones is eyeing industrial parks in Kaluthara, South of Sri Lanka's ca...

July 23, 2017 1 min read

Volvo to check on buying rubber components from Sri Lanka

ECONOMYNEXT – Sweden's Volvo has agreed to consider the possibility of buying rubber components from Sri Lanka fo...

July 21, 2017 1 min read

Drug manufacturing plant opened in Sri Lanka with Indian investment

ECONOMYNEXT – A pharmaceutical manufacturing plant that will make drugs to control diabetes, cholesterol and high...

June 27, 2017 2 min read

Investors to get land in new Sri Lanka industrial estates

ECONOMYNEXT - The Sri Lankan government has approved the allocation of land plots on 35-year leases for investors in new...

May 31, 2017 1 min read

Sri Lanka's Lankem unit buys injection moulding firm

ECONOMYNEXT – Sri Lanka's Lankem Ceylon said its fully owned J. F. Packaging (Pvt) Ltd. subsidiary had acquired a...

May 26, 2017 1 min read

Collaborative robots to boost productivity, expand Sri Lanka female employment: officials

The deployment of collaborative robots that work with humans in the workplace can boost productivity, create new jobs an...

May 25, 2017 3 min read

Sri Lanka’s Softlogic gets franchise for Baskin-Robbins ice cream

ECONOMYNEXT – Sri Lanka’s Softlogic Holdings group said it had acquired the franchise for Baskin-Robbins i...

May 18, 2017 1 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
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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’s Dipped Products March quarter net up 145-pct

ECONOMYNEXT – Sri Lanka’s non-medical rubber gloves maker Dipped Products said group net profit rose 145 p...

May 18, 2017 1 min read

Sri Lanka's Haycarb net up 17-pct in March

Profits at Sri Lanka-based Haycarb Plc, an activated carbon maker with factories in Thailand and Indonesia, rose 17 perc...

May 18, 2017 1 min read

Sri Lanka's Keells Food profits down on processed food concerns, taxes

ECONOMYNEXT– Sri Lanka's Keells Food Products reported lower profits for the March 2017 quarter and financial yea...

May 15, 2017 1 min read

Piramal Glass Sri Lanka unit March net up despite lower sales

ECONOMYNEXT – The Sri Lankan unit of India’s Piramal Glass said net profit rose 4.5% to Rs210 million in t...

May 9, 2017 1 min read

Sri Lanka's Lankem Ceylon buys pet bottle maker Kiffs

Sri Lanka's Lankem Ceylon Plc, a publicly traded firm, said it had bought a 100 percent stake in Kiffs (Private) Ltd, fo...

May 7, 2017 1 min read

For American entrepreneurs, failure a badge of honour, unlike in Sri Lanka

Failure carries no stigma for entrepreneurs in the United States of America, unlike in Sri Lanka where unsuccessful fora...

Rohan Gunasekera
May 2, 2017 4 min read

Sri Lankan brewer invests in restaurants subsidiary

ECONOMYNEXT - Ceylon Beverage Holdings Ltd., a Sri Lankan brewer, said it invested more money in Pubs ‘N Places (P...

April 18, 2017 1 min read

Sri Lanka export industrial zone short of water

Sri Lanka's export industrial zone near the main airport in Katunayake is short of water and cannot accommodate water gu...

April 6, 2017 2 min read

Sri Lanka vehicle assembly with used spares violates Customs rule: CMTA

ECONMYNEXT – Sri Lankan agents representing global automobile manufacturers have slammed a government decision to...

April 5, 2017 2 min read

Sri Lanka brush maker Beira group closes up after debut

ECONOMYNEXT – Shares of Sri Lanka's BPPL Holdings, a brush exporter also known as Beira Group, closed at Rs12.50,...

April 4, 2017 1 min read