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Friday November 13th, 2026
General Industry

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...

March 2, 2021 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...

February 27, 2021 2 min read

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...

February 16, 2021 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...

February 7, 2021 2 min read
Bank loan concessions for SMEs in budget: Sri Lanka president

We aim to introduce measures that provide bank loan concessions to support small and medium-scale industries

Sri Lanka to call RFP for value addition, upgrading of some SOEs

Most Sri Lankan minerals are mostly exported as raw materials

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
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 brush maker Beira group IPO oversubscribed

ECONOMYNEXT - Sri Lanka's BPPL Holdings, a brush exporter also known as Beira Group, said its initial public offer of 30...

March 7, 2017 1 min read

Sri Lanka’s C W Mackie in fruit drink JV with Denmark’s Co-Ro

ECONOMYNEXT – C W Mackie PLC, the Sri Lankan partner of Denmark’s Co-Ro A/S, has struck a joint venture de...

February 27, 2017 1 min read

Prima Sri Lanka unit sees network video growth in analytics, retail

ECONOMYNEXT – The Sri Lanka unit of Singapore’s Prima Group says its surveillance camera business which ha...

February 22, 2017 2 min read

Sri Lanka based Lanka Harness maker to buy Japan parent

Lanka Harness, a Sri Lanka based precision technology company that makes airbag sensors and seat belts, plans to buy out...

February 22, 2017 1 min read

Piramal Glass Sri Lanka unit December net up 22-pct

ECONOMYNEXT – Piramal Glass Ceylon said net profit rose 21.7 percent to Rs202 million from a year ago in the Dece...

February 17, 2017 2 min read

Sri Lanka’s J L Morisons to invest $13.5mn in pharma plant

ECONOMYNEXT – Sri Lanka’s J L Morisons Son & Jones (Ceylon) PLC said it plans to invest $13.5 million to b...

February 16, 2017 1 min read

Sri Lanka’s Bogala Graphite December net doubles to Rs24mn

ECONOMYNEXT – Sri Lanka's Bogala Graphite said net profit for the December 2016 quarter rose 95 percent to Rs24.2...

February 13, 2017 1 min read

Sri Lankan brush maker to list on stock exchange

ECONOMYNEXT – B P P L Holdings Ltd., a Sri Lankan brush manufacturer and supplier of other cleaning products, has...

February 13, 2017 1 min read

Sri Lanka’s Haycarb December net profit up 23-pct

ECONOMYNEXT – Sri Lankan coconut shell-based activated carbon manufacturer Haycarb said December 2016 quarter net...

February 11, 2017 2 min read

Sri Lanka's Sierra Cables December quarter net up 28-pct

ECONOMYNEXT - Sri Lanka's Sierra Cables, which has been expanding into Africa and the Pacific islands, said December 201...

February 8, 2017 1 min read