An Echelon Media Company
Monday December 11th, 2023

Sri Lanka minimum room rates were a temporary help to hotels: Minister

President had made a clear remark that market forces to keep running

December 7, 2023 2 min read

Sri Lanka to commence rural road repairs using ADB funds first week of Dec

“There were roads that were in a state of disrepair,” Minister Gunawardana said. “So this is for urgent work.”

November 30, 2023 2 min read

E-ticketing system will minimise SLTB losses: Sri Lanka minister

Steps are underway to digitalize functions of the Sri Lanka Transport Board (SLTB)

November 30, 2023 2 min read

Sri Lanka to reconstruct pedestrian bridges across Marine Drive

We estimate the cost of the reconstruction at 96 million

November 7, 2023 1 min read
Sri Lanka to develop Palali airport: Minister

Palali international airport will be expanded with bigger passenger terminal and duty-free shopping mall

Sri Lanka domestic air travel a must for tourism: minister

If Sri Lanka is to attract high-end tourism, domestic air transportation has to be developed, tourism minister says.

Sri Lanka railway reservation squatters committing offence: Minister

Squatters along the Kelani Valley railway reservation from Siwali Pura to Kirulapona were re-housed under an ADB fund.

Nethmi Rajawasam
October 3, 2023 2 min read

Sri Lanka to promote electric vehicles among ministry officials

Exhibition of electric vehicles produced by local designers, to promote electric vehicle use among ministry officials

October 3, 2023 2 min read

Sri Lanka to implement new vehicle revenue licence issuing system

A new system of issuing vehicle licences called eRL 2.0 is to be implemented in 8 provinces

Nethmi Rajawasam
September 30, 2023 1 min read

ADB-funded Sri Lanka railways squatter relocation project 45 pct complete

Project to relocate squatters living on Sri Lanka Railways lands along Kelanivalley line, and improve railway efficiency

Nethmi Rajawasam
September 27, 2023 1 min read

Sri Lanka hopes to resume road projects after debt restructuring, IMF review

Most road projects are suspended due to lack of funding after Sri Lanka declared bankruptcy

September 18, 2023 2 min read

Sri Lanka railway unions defy presidential decree, continue train strike despite death

“If this strike continues, more trains will have to be cancelled,” said Indipolage.

September 13, 2023 3 min read

Sri Lanka cabinet spokesman blames tragic train accident on railway union

The accident had occurred near the Horape railway station in the Gampaha district.

September 12, 2023 2 min read

Government not prepared to negotiate with Railways terrorists - minister

Striking employees responsible for passenger's death, Transport minister says

September 12, 2023 2 min read

Sri Lanka Railways land can be leased to develop Eastern Province: Minister

“The government is prepared to lease these lands in a transparent manner for projects by charging an appropriate rent....

Nethmi Rajawasam
September 1, 2023 1 min read

Sri Lanka bus fares to remain unchanged

"According to the calculation there should be an increase of 6.42 percent in bus fares."

June 30, 2023 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 330.2942 315.1016
UK Pound 429.0139 401.1871
Euro 372.1704 343.1959
Aus Dollar 227.2526 211.5951
Yen 2.3820 2.1908
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka expects to tap tourism niche, trade with India ferry service

Entrepreneurs from Sri Lanka and India are encouraged to join this opportunity.

Melkishiya Andrew
April 21, 2023 2 min read

Sri Lanka expressway revenue surges in New Year holiday

On April 15 and 16, a total generation of 70,558,100 was collected from vehicles that used the expressway.

Neshella Perera
April 17, 2023 1 min read

Sri Lanka to try prepaid cards for bus transit again, this time with QR codes

Gunawardena said the new system, which will see QR-enabled cards issued to passengers, will be launched in due course.

April 10, 2023 1 min read

Sri Lankan fuel, containers truckers reduce fares after diesel price cut

"We hope to reduce it by 8-10 percent and will be applied from tomorrow."

March 31, 2023 2 min read

Sri Lanka tuk tuk, bus fares to be cut on lower fuel prices

"The minimum rate will be cut to 30 rupees from tonight,” Lasantha Alagiyawana said.

March 29, 2023 1 min read

Sri Lanka likely to see further beef price hike over lump disease in North

The disease is also slightly spreading to other provinces in Sri Lanka

Roshani Fernando
March 16, 2023 2 min read

Sri Lanka plans electric bus PPPs

Pilot projects are planned in Colombo and Gampaha districts initially.

February 28, 2023 1 min read

Sri Lanka Railways to seek PPPs to boost revenue streams

"And we cannot expect and do not hope for money from the government."

February 6, 2023 1 min read

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 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
1 2 3