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Sunday September 19th, 2021
General Services

Sri Lanka to open Rs6.9bn Peliyagoda Manning vegetable market

Sri Lanka is opening a new 6.9 billion rupee vegetable wholesale market in Peliyagoda, in the periphery of the capital C...

6 min read

Ceylon Chamber of Commerce welcomes Sri Lanka's budget, calls for consultations

Sri Lanka's Ceylon Chamber of Commerce has welcomed a budget for 2021 present by Prime Minister and its tax stability an...

6 min read

Sri Lanka EDB, BOI firms, essential offices to run in new Coronavirus isolated Colombo areas

Factories linked to the Board of Investment, Export Development Board, courts, essential government and private companie...

6 min read

Sri Lanka hikes bus fares by 20-pct as Covid-19 alert limits passenger carriage

Sri Lanka has raised bus fares 20 percent as passenger carriage was limited to the number of seats as required by health...

6 min read

Sri Lanka Colombo Port City featured in on Veemansa forum

Sri Lanka's Colombo Port City will be featured on an online forum where Secretary to the President P B Jayasundera will ...

Sri Lanka's Colombo Port City Special Economic Zone to have gaming

A special economic zone to be set up in the Colombo Port City reclaimed from the sea will have regulation covering gami...

Sri Lanka's Prima Ceylon gives 222MT of wheat, poultry for Coronavirus quarantine drive

Sri Lanka's Prima Ceylon, a unit of Singpapore based Prima group has donated over 220 ttonnes of wheat flour, chicken, s...

1 min read

Sri Lanka supermarkets limit basket size, customers respond in Coronavirus fight

Sri Lanka largest supermarket chains have outlined measures maintain social distance to fight a Coronavirus outbreak and...

Mahadiya Hamza

2 min read

As Coronavirus curfew lifts Sri Lanka retailers to restrict entry, limit panic buying

Sri Lankan supermarket chains will limit the number of customers entering stores in a move to control the spread of Coro...

Mahadiya Hamza

3 min read

Colombo Fashion Week in eco-friendly drive, riding Sri Lanka's status as production hub

Sri Lanka has an opportunity to combine both design and manufacture of apparel to serve customers with eco-friendly prod...

Mahadiya Hamza

3 min read

UberEats in drive to give wheels to Sri Lanka women partners, boost safety

UberEats in Sri Lanka is working on arranging credit facilities for women drivers in their platform to get their own veh...

Tania Madies

3 min read

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

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 200.0000 200.0063
UK Pound 275.8000 276.7787
Euro 235.2700 236.3574
Aus Dollar 145.7600 146.5546
Yen 1.8202 1.8301
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.7197 2.7215
Korea Won 0.1699 0.1710
Oman Rial 519.4940 519.5104
Saudi Riyal 53.3177 53.3286
UAE Dirham 54.4492 54.4509
Source: Central Bank/Indicative
pts %
S&P SL20 3,309.99 0.67%
CSE All Share 8,848.04 -0.93%
Turnover Rs million. 2,191,558,044.10 3,956,871
Source: CSE
Latest Last
3-m bill 5.85 5.77
6-m bill 5.90 5.82
12-m bill 5.97 5.89
5-yr bond 8.69 8.47
8-yr bond 9.18 9.05
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'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

1

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

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