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Friday January 28th, 2022
General Services

Sri Lanka to build four Hungary-financed flyovers

The projects will be funded by the Hungarian Exim Bank’s concessionary finance facility.

4 min read

Sri Lanka railway strike results in Rs 25 million loss due to free rides; TUs warns of more strikes

“We will wait until changes are made, but if things don't turn around we will have to take union action again.”

4 min read

Sri Lanka opens Japan-funded 'Golden Gate Kalyani' bridge

The total cost for the project is 55,000 million rupees, according to the president’s media division (PMD).

4 min read

Stax gets investment from Blue Point Capital partners

Its clients included global private equity (PE) firms, global and local corporates

4 min read

Sri Lanka radio, tv spectrum auctions for new stations: Finance Minister

Financial viability and security aspects will be used for pre-qualification

East or West, women-headed startups face obstacles in a man’s world

“Women get more questions about how they manage risk,” entrepreneur Elly Oldenburg

Sri Lanka to set up tuk tuk regulator despite bus regulation debacle

Only 47 percent of the over one million registered threewheelers in Sri Lanka are used for hiring

2 min read

Sri Lanka resumes public transport; health officials concerned over lax attitude re: COVID-19

"All buses must strictly adhere to the health guidelines," Amunugama said.

Chanka Jayasinghe

2 min read

Sri Lanka manufacturing, some services recover in Sept 2021: PMI

Retail and leisure still hit amid lockdowns

2 min read

Sri Lanka food, cooking gas prices up after controls removed amid money printing

Fuel price hike expected

5 min read

Sri Lanka milk importers cry over dollars

If we are unable to get the money, we have no choice but to divert the stocks to another country

2 min read

Sri Lanka hires by India's HCL Technologies top 1,000 in first year

HCL Technologies said it had hired new graduates and also "seasoned industry professionals".

2 min read

Agility, being customer-centric key to post-pandemic success, Sri Lanka marketers say

Customer behavior expected to shift

4 min read

Sri Lanka online firewood sale on fire as price controls create LPG shortage

People are buying this plus clay stoves as a backup or ‘just in case' fears

2 min read

Sri Lanka PCR tests as low as Rs5000 in competition

Price controls have already disrupted gas and milk supply

2 min read

Flexibility, culture likely to decide Sri Lanka post-pandemic workforce

There is no geographic boundary for talent anymore

4 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 202.0000 201.5882
UK Pound 271.5789 272.2486
Euro 226.8561 227.9459
Aus Dollar 143.0261 144.4178
Yen 1.7640 1.7704
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6890 2.6962
Korea Won 0.1680 0.1684
Oman Rial 524.6685 523.5989
Saudi Riyal 53.8480 53.7411
UAE Dirham 54.9952 54.8831
Source: Central Bank/Indicative
pts %
S&P SL20 4,487.00 -1.06%
CSE All Share 13,065.75 -1.09%
Turnover Rs million. 2,191,558,044.10 5,340,613,558
Source: CSE
Latest Last
3-m bill 8.18 7.91
6-m bill 8.36 8.18
12-m bill 8.51 8.37
5-yr bond 11.26 10.93
8-yr bond 11.81 10.93
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.93 5.99
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

LTTE violating Nike intellectual property: Sri Lanka foreign ministry

Nike has not made purported LTTE shoes

1 min read

Sri Lanka firms with global links learn to compete better and raise standards

Customers, partners and competition

4 min read

Sri Lanka manufacturing, service start to recover in June 2021

Third wave led to a dip in May

2 min read

Sri Lanka railway department adds more trains as govt relaxes COVID-19 restrictions

Trips will continue to be increased in the future upon further discussion, an official said.

Chanka Jayasinghe

1 min read

Sri Lanka retailers seek loan restructure, rent and utility relief on Covid-19 hit

SLRA said many members are struggling to stay afloat

2 min read

Sri Lanka will not increase bus fares but bus owners will be provided concessions: Minister

“We will not increase bus fares by even one rupee,” he said.

Imesh Ranasinghe

2 min read

Sri Lanka PMI shows manufacturing, services drop in April

Covid-19 third wave hits activity except hotels

2 min read

Sri Lanka Transport Board deploys buses in view of ongoing railway strike

Two trade unions of the Sri Lanka Railways launched a strike this morning.

Imesh Ranasinghe

1 min read

Sri Lanka students seeking overseas education sees change in Covid-19

Over 21,000 students are based overseas on higher education each year,

3 min read

Sri Lanka manufacturing, services expands in March 2021: PMI

Sri Lanka's manufacturing Purchasing Managers Index reached a 9-month high as activities continue to recover backed by p...

2 min read

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