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Friday July 30th, 2021
General Services

Keells Supermarket in Union Place closed over Covid-19 as Sri Lanka total tops 13,000

A Keells Supermarket in Union Place had been closed after two workers tested positive for Coronavirus on November 07, fo...

3 min read

Restarting economies – Bankers and Telcos must rethink strategies to help Ecommerce

The COVID-19 pandemic has facilitated lifestyle changes for most globally, and in this new normal, more and more folk ha...

3 min read

Sri Lanka Coroanvirus guidelines for businesses in non-curfew areas

Sri Lanka has released a series of Coronavirus protection guidelines for businesses operating in non-curfew areas.

3 min read

Government to regulate PCR testing by the private sector – Ministry of Health

Sri Lanka is to regulate Covid 19 testing being carried out by the private sector the, country’s Ministry of Health an...

3 min read

Sri Lanka turns hotels in Colombo into Coronavirus hospitals

Sri Lanka's Nawaloka Hospitals said it had teamed up with two hotels in the capital Colombo to build intermediate care c...

Sri Lanka makes progress in approving Pfizer vaccine, data awaited from China, Russia

Sri Lanka has made progress in analyzing data on a vaccine produced by Pfizer as a 'good one' based on analysis of data ...

Sri Lanka social media blackouts, protectionism hurt young female entrepreneurs: IPS

Social media blackouts and protectionism hurt women-led micro, small and medium-sized enterprises (MSMEs) which rely on ...

3 min read

Sri Lanka auto garages lobby regulations for domestic protection

Sri Lanka's automobile repair service (garages) are pushing for state controls to stop agents of major brands from quick...

Chanka Jayasinghe

5 min read

Sri Lanka receives Ford Foundation grant to boost startup ecosystem

The Ford Foundation will provide a 300,000 US dollar grant in a deal with the Lankan Angel Network (LAN) to boost Sri La...

2 min read

Paypal gap holds back Sri Lanka's online fashion aspirations

Sri Lanka's apparel firms that have built brands and would like to sell online are constrained by the lack of Paypal or ...

Mahadiya Hamza

3 min read

Coronavirus dampens Sri Lanka manufacturing and service activity in Jan

Sri Lanka's industrial and service sectors fell in January from December on the coronavirus outbreak in China, the centr...

2 min read

Sri Lanka's PickMe started surge pricing to bridge supply gap: official

Sri Lanka's PickMe, a ride-hailing company had introduced surge pricing to bridge a supply gap during peak times, an off...

Mahadiya Hamza

3 min read

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Sri Lanka's Cargills profits boom on demand recovery

Cargills (Ceylon) Plc, which operates Sri Lanka's largest supermarket chain, said profits for the December quarter grew ...

2 min read

Elpitiya Plantations in talks with Sim Leisure for Sri Lanka theme park

Elpitiya Plantations, a unit of Sri Lanka's Aitken Spence group, said it is talks with Sim Leisure Group Ltd for a possi...

1 min read

Manufacturing growth slows, services accelerate to 24-month high in Dec

Sri Lanka’s manufacturing sector growth slowed in December from a month earlier, while services accelerated to a 24-mo...

3 min read

Samurdhi partners with Daraz to boost low-income Sri Lanka entreprenuers

Sri Lanka’s Samurdhi Department signed a memorandum of understanding with the e-commerce platform daraz.lk, enabling S...

1 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 199.9033 199.9000
UK Pound 278.1954 277.5112
Euro 236.8554 236.3318
Aus Dollar 147.2188 147.1464
Yen 1.8214 1.8210
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6863 2.6830
Korea Won 0.1738 0.1732
Oman Rial 519.2428 519.2343
Saudi Riyal 53.3004 53.2910
UAE Dirham 54.4229 54.4220
Source: Central Bank/Indicative
pts %
S&P SL20 3,072.72 0.71%
CSE All Share 8,134.75 0.47%
Turnover Rs million. 2,191,558,044.10 1,806,549,564.70
Source: CSE
Latest Last
3-m bill 5.14 5.13
6-m bill 5.17 5.16
12-m bill 5.22 5.21
5-yr bond 7.35 7.34
8-yr bond 7.89 7.88
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka to probe ragging suicides as thousands drop out of university

Sri Lanka as appointed a committee to probe over 2,000 victims of ragging, a type of extreme physical, mental and sexual...

2 min read

1

Inland Revenue Department in Sri Lanka flashes red light as firms charge wrong VAT

Sri Lanka's Inland Revenue Department officials said they have found businesses which have been charging Value Added Tax...

2 min read

1

Sri Lanka to control foreign university placement offices after student deaths

Sri Lanka will introduce a regulatory framework for agencies that place students in foreign universities after three un...

2 min read

1

Sri Lanka's transport regulator to expand into restaurants

Sri Lanka's National Transport Commission, which issues route licenses to buses, will set up and regulate network of roa...

2 min read

Sri Lanka universities to be given more freedom to change syllabi

Sri Lanka's universities should be given the freedom to change their curriculum to the needs of the country, as some of ...

2 min read

Sri Lanka mandates fat, salt, sugar labels in foods

Sri Lanka will mandate the labeling of salt and fat and in foods after a similar rules were imposed on sugar content in ...

Chanka Jayasinghe

2 min read

Sri Lanka to build 300 university colleges for higher education: Minister

Sri Lanka will set up 300 university colleges where students who cannot enter state universities can join and earn a hig...

2 min read

3

IFC and Ceylon Biscuits Limited to back women retailers in Sri Lanka

The International Finance Corporation (IFC), said it has inked a partnership with Ceylon Biscuits Limited (CBL) Group to...

2 min read

Sri Lanka monthly manufacturing growth slows, services accelerate in Nov

Sri Lanka's manufacturing growth slowed in November on the apparel industry, while services growth accelerated during th...

2 min read

Sri Lanka's John Keells Holdings postpones Crescat refurbishment on Dec sales

Sri Lanka's John Keells Holdings (JKH) has decided to postpone the decision to refurbish the Crescat shopping mall due t...

2 min read