An Echelon Media Company
Friday November 13th, 2026
General Industry

Sri Lanka's top alcohol maker sales down 12-pct in March 2020 quarter

Distilleries Corporation of Sri Lanka, the island's top arrack producer said sales fell 12 percent to 19.07 billion rupe...

September 5, 2020 1 min read

Sri Lanka to ban FMCG sachet packs, mulls banning 'quarter' alcohol bottles: report

Sri Lanka's environment ministry will take a final decision on banning 'quarter' arrack bottles this week while a decisi...

September 2, 2020 2 min read

Sri Lanka export agency to help get US and EU approval for Covid-19 nanotech

Sri Lanka's Export Development Board said it getting ready to help get approval from US and EU medical regulators for C...

August 27, 2020 1 min read

Sri Lanka renews efforts to draw British FDI

Sri Lanka's investment promotion office said it is ramping up efforts to draw UK investors and has had talks with the Br...

August 26, 2020 1 min read
Sri Lanka seeks development agency backing for CEB reforms

"A reforms office will be opened at the Ministry of Power & Energy to see through the transformation."

Sri Lanka bakers hold bread prices after power hike on demand fall

The current prices are too high and if we increase it more it will result in further downfall of the business

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
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

Volkswagen gets 8-yr tax holiday for US$26.5mn Sri Lanka plant

ECONOMYNEXT – Sri Lanka’s government said a Volkswagen assembly plant to be set up in the island with an i...

Rohan Gunasekera
August 13, 2015 2 min read

Sri Lanka to sign deal with Volkswagen this week

ECONOMYNEXT – Sri Lanka’s government will sign a deal with Volkswagen this week to make vehicles for expor...

August 11, 2015 1 min read

Sri Lanka's Textured Jersey profits up 26-pct

ECONOMYNEXT - Textured Jersey Lanka Plc, a Sri Lanka based fabric maker said profits rose 26 percent to 206 million rupe...

August 7, 2015 1 min read

Sri Lanka in deal with India's Reliance to make plasma proteins

ECONOMYNEXT - Sri Lanka will give surplus blood components to India's Reliance Life Sciences to make plasma proteins for...

August 6, 2015 1 min read

Sri Lanka’s Haycarb profit grows slowly in June quarter

ECONOMYNEXT – Sri Lankan coconut shell-based activated carbon manufacturer Haycarb reported slow growth in profit...

August 3, 2015 2 min read

Sri Lanka's Piramal glass unit June net up on higher local sales

ECONOMYNEXT - Sri Lankan container glass maker Piramal Glass Ceylon (PGC) said net profit rose 70 percent to 147 million...

July 29, 2015 1 min read

Sri Lankan firms told how ‘green’ supply chains cut costs, waste

ECONOMYNEXT – Sri Lankan companies can reduce manufacturing costs and improve efficiency by switching to ‘g...

Rohan Gunasekera
July 24, 2015 3 min read

Sri Lanka goes for zircon flour production

EconomyNext – Sri Lanka’s state-owned minerals sands producer has decided to go for value addition and mak...

July 15, 2015 1 min read

Sri Lanka hopes to strike Volkswagen export factory deal shortly: Harsha

ECONOMYNEXT - Sri Lanka is hoping to strike a deal with Germany's Volkswagen within a month to produce vehicles for expo...

July 14, 2015 1 min read

Sri Lanka to get Volkswagen plant: PM

ECONOMYNEXT - Germany's Volkswagen is planning to set up a car plant in Sri Lanka, Prime Minister Ranil Wickremesinghe t...

July 13, 2015 1 min read