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Sunday May 16th, 2021

Sri Lanka extends resident and tourists visas for 60 days amid anti-Coronavirus controls

Visas extended without penalty

4 minutes

Sri Lanka to run long-distance office trains for essential workers

Employers asked to only the bare minimum workers

2 min read

Sri Lanka Air Force to produce high flow oxygen units for Covid-19 patients

The Air Force was planning to produce 50 machines and was ready to make more

1 min read

Sri Lanka to quarantine all arrivals irrespective of vaccination status

Foreigners are to be quarantined at a quarantine hotel or a level 1 certified hotel.

2 min read

Sri Lanka to borrow US$200m from ADB to upgrade rural roads

It is a tranche of a $900 million project.

Sri Lanka allows import of some agro-chemicals under license

The new rules apply to bills of lading and airway bills dated May 06 or after.

Sri Lanka's Dambulla vegetable exchange re-opened amid Coronavirus spike

The situation in his city has become serious (barapathala), Mayor Jaliya Opatha had said.

2 min read

Sri Lanka seeks construction partnerships with Nepal

Companies showcase expertise in green construction, urban infrastructure hydro-power, soil and geology,

1 min read

Sri Lanka hotels hit as Coronavirus wave crashes wedding season

Some hotels are operating as Covid treatment centres

Mahadiya Hamza

4 min read

Kenya unit of Sri Lanka's Hela Clothing switches to PPE, provides work in pandemic

Hela Clothing creates over 2,000 jobs in Kenya during the pandemic

1 min read

Sri Lanka to bring forward GCE O/Level, A/Level exams to allow early university entrance

School students in Sri Lanka generally sit for GCE O/Ls and A/Ls at the ages 16 and 19 respectively.

Imesh Ranasinghe

2 min read

Sri Lanka to start trial production of RT-LAMP Coronavirus test kit: SLINTEC

Manufacturing of trial batches will commence soon, which will then be followed by commercial production

2 min read

Sri Lanka closes all schools amid pandemic resurgence

Sri Lanka to close down all schools, preschools and piriven (monastic schools) in the island till April 30

Chanka Jayasinghe

2 min read

Sri Lanka's UDA takes over Kolpetty market

40-storey building planned as PPP will give existing shop owners places in a new shopping mall

1 min read

Sri Lanka's Ocean Lanka develops new fabric dying technology

Process slashes water use by over 60 percent, cuts energy use by 20 percent and is 30 percent faster

2 min read

Sri Lanka's Hayleys buys South Asia Textiles for Rs3.9bn

Hayleys Fabrics, a unit Sri Lanka's Hayleys group said it had bought 98.84 percent of South Asia Textiles Limited, weft-...

1 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 199.5000 199.5695
UK Pound 280.6067 281.7522
Euro 241.0758 242.1377
Aus Dollar 154.3033 155.9436
Yen 1.8202 1.8334
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.7086 2.7185
Korea Won 0.1766 0.1778
Oman Rial 518.1953 518.3758
Saudi Riyal 53.1957 53.2143
UAE Dirham 53.1957 54.3320
Source: Central Bank/Indicative
pts %
S&P SL20 2,869.52 0.67%
CSE All Share 7,228.23 0.93%
Turnover Rs million. 1,279,238
Source: CSE
Latest Last
3-m bill 5.07 5.04
6-m bill 5.11 5.09
12-m bill 5.16 5.15
5-yr bond 7.38 7.12
8-yr bond 7.87 7.71
Source: Central Bank/Indicative
today yesterday
Overnight Money 4.65 4.65
Gilt Repo 4.68 4.67
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's Prime Lands Residencies to raise up to Rs2bn in IPO

Colombo Stock Exchange said it had approved an initial public offer by Sri Lanka's Prime Land Residencies Limited, a pro...

1 min read

Sri Lanka to ban chemical fertilizer imports in 'near future'

Sri Lanka will ban the import of chemical fertilizer in the 'near future' as pollution of waterways and suspected kidney...

2 min read

Sri Lanka to set up state-run Youth Start up fund, loan guarantee fund: Namal

Sri Lanka will set up a state-run Youth Startup Fund and a Guarantee Fund to help young entrepreneurs get capital, Minis...

Imesh Ranasinghe

2 min read

Sri Lanka aflatoxin fears rise as money printing trigger maize speculation

Sri Lanka's maize prices have soared and fears of aflatoxin in poultry feed are growing as businesses newly displaced by...

3 min read

Sri Lanka plantations call for priority worker vaccinations

Sri Lanka's commercial plantations producing tea and rubber has called for fast-track vaccination of their workers on wh...

2 min read

Sri Lanka chicken prices spike, day-old-chicks soar to new heights

Sri Lanka's fresh chicken prices have soared as a combination of state controls and Coronavirus impact hit the sector, w...

3 min read

India travel trade and media in Sri Lanka tour ahead of indo-Lanka travel bubble

A delegation of tour operators and journalists from India have completed a familiarization tour of Sri Lanka ahead of a ...

2 min read

Sri Lanka's Cinnamon Life completes residential tower, 30-floor office block

Sri Lanka's Cinnamon Life had completed construction of one residential tower with 196 apartments and an 30-floor office...

2 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

Hemas Holdings 'AAA(lka)' rating confirmed by Fitch

Fitch Ratings has confirmed at 'AAA(lka)' domestic rating of Sri Lanka's Hemas Holdings Plc, with a stable outlook based...

8 min read

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