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Friday November 13th, 2026
General Industry

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...

January 15, 2021 1 min read

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.

December 29, 2020 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...

December 17, 2020 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 ...

December 10, 2020 2 min read
Sri Lanka to introduce social security system: minister

The system will address weaknesses of the current system and provide much-needed support to workers and their families

Sri Lanka to optimize investments in mineral resources

These resources have the potential to yield significant value through the production of value-added goods.

Sri Lanka to set up industrial park with India: PM

Sri Lanka and India will set up a joint venture industrial park in the North Central province, close to the expressway t...

February 3, 2017 1 min read

Sri Lanka’s Keells Food December net profit down 21-pct

COLOMBO (EconomyNext) – Sri Lanka's Keells Food Products said December 2016 quarter net profit fell 21 percent to...

February 2, 2017 1 min read

Sri Lanka’s Dipped Products returns to profit in Dec quarter

ECONOMYNEXT – Sri Lanka’s non-medical rubber gloves maker Dipped Products said it returned to profit in th...

February 1, 2017 1 min read

Sri Lanka fabric maker net down 30-pct; hopes up on GSP+

Teejay Lanka Plc, a Sri Lanka-based fabric maker said profits fell 30 percent to 473 million rupees in the December 2016...

January 27, 2017 1 min read

Sri Lanka's Alumex buys land to expand capacity

ECONOMYNEXT - Sri Lanka's Alumex Plc, an aluminium extrusions firm, said it is purchasing land for Rs420 million to expa...

January 11, 2017 1 min read

Sri Lanka unveils special zone to attract Chinese industries

Prime Minister Ranil Wickremesinghe and ambassador Yi Xianliang launched a special industrial zone in Hambantota yesterd...

January 7, 2017 3 min read

Sri Lanka's RIGID Tyre starts building factory

Rigid Tyre Corporation (Pvt) Ltd, a unit of Sri Lanka's Ceylon Steel Group, started construction of a $75 million (Rs11....

January 6, 2017 1 min read

Sri Lanka starts building Volkswagen assembly plant

Sri Lanka's Prime Minister Ranil Wickremesinghe laid the foundation stone for a plant to assemble Volkswagen vehicles.

January 3, 2017 1 min read

China to build LNG power plant, oil refinery and dockyard in Hambantota

China plans to build a liquid natural gas fired power plant an oil refinery and a dockyard involving 4.0 billion US doll...

December 22, 2016 1 min read

Sri Lanka to do islandwide survey to find gem deposits

ECONOMYNEXT – The Sri Lankan Cabinet of Ministers has approved a project for a survey to find and assess gem depo...

November 23, 2016 1 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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Source: Central Bank/Indicative
pts %
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Turnover Rs 2975.05 million 1193.67 million
Source: CSE
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3-m bill 7.61 7.84
6-m bill 7.91 8.26
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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

Sri Lanka gets Korean vocational training support to meet skilled labour demand

ECONOMYNEXT – South Korea’s Eximbank is supporting the setting up of two vocational training institutes in...

November 22, 2016 2 min read

Sri Lanka's Lion Beer re-starts factory

The factory of Sri Lanka's Lion Beer, which was repaired after flood damage, has started operating and production is bei...

November 16, 2016 1 min read

Sri Lanka Ceylon Steel to get 100 acres for tyre factory

Sri Lanka's Urban Development Authority will acquire 100 acres of private land in Gonapola Horana, for a tyre factory, p...

November 16, 2016 1 min read

Sri Lanka manufacturing sector PMI decelerates in October

ECONOMYNEXT – Sri Lanka's purchasing managers index (PMI) for manufacturing expanded at a slower pace in October ...

November 15, 2016 2 min read

Sri Lanka invites private investors to build industrial zones

Sri Lanka has invited private investors to build industrial zone in areas bordering expressways promising state land.

November 15, 2016 1 min read

Nestlé opens Rs500mn milk plant in Sri Lanka

ECONOMYNEXT – Nestlé Lanka said it has opened a milk plant in Sri Lanka’s Kurunegala area with an inves...

November 8, 2016 2 min read

Sri Lanka JKH to invest Rs5.7bn in new ice cream, bottling plants

ECONOMYNEXT – Sri Lanka’s John Keells Holdings will invest Rs5.7 billion to set up new ice cream and bever...

November 5, 2016 2 min read

Sri Lanka’s Haycarb Sept quarter net profit up 20-pct

ECONOMYNEXT – Sri Lankan coconut shell-based activated carbon manufacturer Haycarb said net profit for the Septem...

November 3, 2016 2 min read

Sri Lanka’s Dipped Products Sept quarter net up 21-pct

ECONOMYNEXT – Sri Lanka’s Dipped Products said September 2016 group net profit rose 21% to Rs27 million fr...

November 1, 2016 2 min read

Sri Lanka’s Piramal Glass makes Rs37mn loss in Sept quarter

ECONOMYNEXT – Sri Lanka’s Piramal Glass Ceylon reported a net loss of Rs37 million in the September 2016 q...

October 27, 2016 2 min read