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Tuesday October 20th, 2026
General Services

Sri Lanka Transport Board expansion will reduce passengers, says private bus grouping

SLTB plans to include 500 more buses from through an India credit line in 2023 and so far 125 buses have been added.

February 6, 2023 1 min read

Sri Lanka to spend Rs10bn to give free rice to families

The government will buy 61,600 metric tonnes of paddy to produce 40,000 MT of rice.

January 17, 2023 2 min read

Sri Lanka Railways plans to recruit 8,000 workers

The multi-task force was allocated 9.8 billion rupees in the 2023 budget.

January 15, 2023 2 min read

Sri Lanka's state-run LP gas firm reduces prices on easing global price

Sri Lanka saw long queues for cooking gas last year

January 5, 2023 1 min read
Sri Lanka Railways explores leasing space above stations, increasing goods trains to boost revenue

Sri Lanka Railways has yet to make profit despite ticket price hike in 2022

Sri Lanka Water Board profits fall 50-pct

ECONOMYNEXT – Profits of Sri Lanka’s National Water Supply and Drainage Board (NWS&DB) fell by 50% in the ...

July 18, 2017 1 min read

Namalie Herath to head Newco Sri Lanka

Namalie Herath, General Manager of MEC Sri Lanka, will take over as chief executive of newly combined MEC and Maxus 'New...

July 11, 2017 1 min read

Sri Lanka’s Odel buys space in Colombo City Centre Mall

ECONOMYNEXT – Sri Lankan retailer Odel Plc said it has bought up to 39,560 square feet of space in Colombo City C...

June 12, 2017 1 min read

Sri Lanka Water Board makes operational profit in 2016

ECONOMYNEXT – Sri Lanka’s National Water Supply and Drainage Board (NWS&DB) improved its financial positi...

May 15, 2017 2 min read

Sri Lanka's Lanka Sathosa to set up 8,000 franchise outlets

ECONOMYNEXT – Sri Lanka's state-run Lanka Sathosa retail chain aims to set up 8,000 franchise outlets across the ...

March 20, 2017 1 min read
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Sri Lanka’s Forte Group represents Global Hospitals under new brand

ECONOMYNEXT – Sri Lanka’s Forte Group of Companies will continue to represent Global Hospitals, with an of...

March 16, 2017 1 min read

French support for Sri Lanka utility to better manage water, cut waste

ECONOMYNEXT – France will train senior staff of Sri Lanka’s water utility to better manage water resources...

February 4, 2017 3 min read

Sri Lanka gets USAID support for clean water project

ECONOMYNEXT – The United States Agency for International Development (USAID) has started a project in Sri Lanka t...

January 9, 2017 1 min read

Ranken – KDESH joint venture wins Sri Lanka water supply deal

ECONOMYNEXT – Sri Lanka’s government has awarded a contract worth over Rs1.96 billion to a local and Chine...

January 6, 2017 1 min read

Sri Lanka to upgrade water supply, roads in proposed ‘Megapolis’

ECONOMYNEXT – Sri Lanka’s government has approved several projects to ensure adequate supplies of drinking...

November 30, 2016 2 min read
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Latest Last
US Dollar 330.8514 330.9617
UK Pound 438.3450 438.2595
Euro 371.0168 371.5045
Yen 2.0916 2.0943
Aus Dollar 231.1659 230.8789
Source: Central Bank/Indicative
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Source: Central Bank/Indicative
pts %
S&P SL20 5,783.03 -0.10%
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Turnover Rs 1193.67 million 1050.46 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
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Source: Central Bank/Indicative

E-procurement seen reducing corruption, costs in Sri Lanka

ECONOMYNEXT – Shifting to an electronic procurement system could yield big efficiency gains for both the governme...

Rohan Gunasekera
November 17, 2016 4 min read

Sri Lanka gets Japanese aid for dry zone water supply project

ECONOMYNEXT - The Japan International Cooperation Agency (JICA) has signed a loan agreement with the government of Sri L...

November 17, 2016 2 min read

Sri Lanka gets $60mn ADB loan for drinking water in kidney disease areas

ECONOMYNEXT – The Asian Development Bank will give Sri Lanka a loan of $60 million to provide safe drinking water...

November 3, 2016 1 min read

ADB loans US$128mn for water in Sri Lankan capital

ECONOMYNEXT – The Asian Development Bank (ADB) is giving Sri Lanka another loan of $128 million to fund safe wate...

August 11, 2016 2 min read

Thayalan Bartlett appointed MullenLowe Sri Lanka chief

Thayalan Bartlett has been named the new chief executive for MullenLow Sri Lanka, (formerly Lowe LDB (Pvt.) Ltd), an adv...

August 1, 2016 1 min read

Sri Lanka emergency ambulance paramedic service with 1990 toll free number

Sri Lanka has formally launched an emergency service with paramedics on call by dialling 1990, with technical assistance...

July 29, 2016 2 min read

Sri Lanka's latest status symbol, a baby elephant

Expensive and high-maintenance, baby elephants have become the ultimate status symbol for Sri Lanka's wealthy elite -- a...

Amal Jayasinghe
July 1, 2016 4 min read

Sri Lanka’s LakSathosa monthly loss down to Rs68Mn

ECONOMYNEXT – Monthly losses at Sri Lanka's state-run Lak Sathosa retail chain have been reduced to Rs68 million ...

June 7, 2016 1 min read

Sri Lanka to gradually ban house maids abroad amid abuses, social cost

COLOMBO (Reuters) - Sri Lanka will gradually stop sending house maids abroad, mainly to the Middle East, due to rights a...

June 2, 2016 2 min read

Sri Lanka woman entrepreneur awards in August

ECONOMYNEX - Sri Lanka's 'Women Entrepreneur of the Year' awards will be held on August 5 under the patronage of Preside...

May 3, 2016 2 min read