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Friday November 13th, 2026
General Industry

Sri Lanka PMI: manufacturing, services up August 2020 with Covid-19 control

A Purchasing Mangers' Index for July 2020 showed Sri Lanka's manufacturing and services continuing a recovery seen in Ju...

September 16, 2020 2 min read

Sri Lanka to set up pharmaceutical investment zone in Hambantota

Sri Lanka will set up a pharmaceuticals investment zone in Hambantota, under a government plan to produce 50 percent of ...

September 12, 2020 2 min read

Sri Lanka, UK duo looks to commercialize honey coated banana-fibre mask concept

Two Bahrain resident expatriates from Sri Lanka and Britain say they have conceived and are developing a honey coated, b...

September 11, 2020 4 min read

Sri Lanka President says to permit gem mining in plantation company land

Sri Lanka's President Gotabaya Rajapaksa had decided to give the go ahead for gem industry to mine lands under plantatio...

September 8, 2020 2 min read

Rising costs, slow sales hinder Sri Lanka Haycarb profit growth

ECONOMYNEXT – Sri Lanka’s Haycarb said net profit rose 10 percent to 170 million rupees in the December 20...

February 3, 2016 2 min read

US importers of Sri Lanka OTR tyres fight 'dumping' claim

ECONOMYNEXT - Importers of off-the-road tyres from Sri Lanka, India and China are fighting a 'dumping' claim by a US tyr...

February 2, 2016 1 min read

Sri Lanka's Piramal Glass net up; Norges Bank among top shareholders

ECONOMYNEXT – Sri Lankan glass bottle manufacturer Piramal Glass said net profit shot up 172 percent to 166 milli...

February 1, 2016 2 min read

Sri Lanka tyre makers targeted in 'dumping' case

ECONOMYNEXT - Sri Lanka's off-the-road (OTR) tyre makers have been targeted in an 'anti-dumping' case by a protectionist...

January 16, 2016 3 min read

Owner of world's largest blue sapphire ponders its fate

(Reuters) - The owner of the world’s largest blue sapphire, which he says is worth more than $100 million, said o...

Ranga Sirilal
January 8, 2016 2 min read

Sri Lanka revives US$1.5bn Trinco heavy industry deal

ECONOMYNEXT - Sri Lanka is re-evaluating a plan for a 1.5 billion US dollar heavy industrial zone near the island's Trin...

December 16, 2015 2 min read

Young people to find hard liquor attractive after Sri Lanka beer tax hike

ECONOMYNEXT - A switch to beer that was taking place especially among younger people, with proportionate levies would sl...

December 9, 2015 3 min read

Sri Lanka’s CIC sells wood glue business for Rs345mn

ECONOMYNEXT – Sri Lanka’s CIC Holdings said it has sold its Chemifix trademark and other brands associated...

November 30, 2015 1 min read

Link technical training with industry, ADB tells Sri Lanka

ECONOMYNEXT – The Asian Development Bank has recommended Sri Lanka encourage private sector involvement in curric...

November 27, 2015 2 min read

Sri Lanka private sector told not to expect protection

ECONOMYNEXT – Sri Lanka’s government will remove impediments to doing business to make companies more comp...

November 19, 2015 2 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

High costs, low demand trim Sri Lanka’s Haycarb profits

ECONOMYNEXT – Sri Lankan activated carbon manufacturer Haycarb PLC said September 2015 quarter net profit fell si...

October 31, 2015 2 min read

Pakistan's Service Industries in shoe factory with Sri Lanka's Almar

ECONOMYNEXT - Pakistan-based Service Industries and Sri Lanka's Almar group said they have invested in an export shoe fa...

October 25, 2015 1 min read

Iluka begins investment talks on Sri Lanka ilmenite deposit

ECONOMYNEXT - Australian mineral sands miner Iluka Resources Ltd. has said it has completed initial environmental apprai...

October 15, 2015 1 min read

Sri Lanka mulls freer trade in gems, tea

ECONOMYNEXT – Sri Lanka’s new government is considering further opening up the economy and allowing more t...

Rohan Gunasekera
September 4, 2015 2 min read

Sri Lanka govt wants to make gem industry top export earner

ECONOMYNEXT – The new Sri Lankan government strongly supports the gem and jewellery industry and will give it the...

September 3, 2015 1 min read

Manufacturing critical for Sri Lanka growth spurt, new study says

ECONOMYNEXT – Industrial development, particularly manufacturing, is critical for countries like Sri Lanka, if th...

September 1, 2015 2 min read

Sri Lanka gem shows expects 10,000 visitors

ECONOMYNEXT – The organisers of FACETS Sri Lanka 2015, the island’s main gem and jewellery show, said they...

September 1, 2015 1 min read

Iluka starts environmental checks on Sri Lanka minerals deposit

ECONOMYNEXT - Australian mineral sands miner Iluka Resources Ltd. has said it has begun environmental appraisals of its ...

August 20, 2015 1 min read

Sri Lanka Distilleries group net dragged down by telecom, plantations

ECONOMYNEXT - Profits at Sri Lanka's Distilleries Company of Sri Lanka group fell 4.9 percent from a year earlier to 1.7...

August 16, 2015 1 min read

Sri Lanka may ban asbestos roofing by 2018: report

ECONOMYNEXT - Sri Lanka may ban asbestos by 2017-2018, as it is a suspected cancer causing substance, a media report quo...

August 14, 2015 2 min read