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Saturday November 27th, 2021
Business

Sri Lanka-Myanmar explore the establishment of direct air connectivity

Sri Lanka is in talks with Myanmar Airways International (MAI), a private carrier based in Myanmar to establish direct a...

2 min read

Sri Lanka tea prices pick up

Sri Lanka tea prices picked up in the final sale for July amid improved demand for Ex-Estate, while Low Grown teas saw g...

2 min read

Sri Lanka coconut auction price up 6.6-pct

Sri Lanka’s average coconut prices grew 6.68 percent to 54,505 rupees for a 1000 nuts at an auction at the last auctio...

2 min read

Sri Lanka SEC urges real estate securities with rules in place

The Securities and Exchange Commission of Sri Lanka said rules are now in place for the issue of Real Estate Investment ...

2 min read

All schools in western province to reopen next Monday: education minister

All schools in the western province will reopen for all grades next Monday (29), Education Minister Prof G L Peiris said...

Government okays another pharma manufacturing zone

Sri Lanka has selected 24 investors to invest approximately LKR28.2bn for the proposed Pharmaceutical Manufacturing Zone...

Sri Lanka’s January tea export shipments up 13-pct

ECONOMYNEXT – Sri Lanka’s tea exports in January 2019 rose almost 13 percent or by 2.7 million kilos to 23...

1 min read

Sri Lanka targets 315mn kg tea production for 2019

ECONOMYNEXT – Sri Lanka is aiming to produce 315 million kilos of tea in 2019, up five percent from last year, Mi...

2 min read

Sri Lanka approves 13 new hotel investments in Dec quarter

Sri Lanka has approved for 54.7 million US dollars in hotel investments during the fourth quarter ending in December 201...

1 min read

Sri Lanka's Lee Hedges to build Rs1.1bn car park

Sri Lanka's Lee Hedges Plc said its board has decided to build a 1.1 billion rupee car park in a property on a Colombo 0...

1 min read

Regulatory trap thwarts Sri Lanka clay tile makers from clearing silted tanks

A web of regulations and processes is blocking Sri Lanka's clay tile makers from clearing silt from tanks which can expa...

3 min read

Sri Lanka Tea Board to subsidise exporter brand promotion

ECONOMYNEXT – The Sri Lanka Tea Board will launch a brand promotion campaign that will support exporters of Ceylo...

1 min read

Sri Lanka Foreign Affairs Ministry opens second regional consular office

ECONOMYNEXT – Sri Lanka’s Ministry of Foreign Affairs will open its second regional consular office in sou...

1 min read

Digital opinion leaders new focus of Sri Lanka global tea marketing campaign

ECONOMYNEXT – A new global Ceylon tea marketing campaign will have a new focus – targeting digital or onli...

2 min read

Sri Lanka to revive small scale rice millers to boost competition

Sri Lanka will provide one billion rupees in financing for the farmers' guaranteed price paddy purchase program through ...

3 min read

ADB gives Sri Lanka US$145mn to help breed tech-oriented graduates

ECONOMYNEXT – The Asian Development Bank (ADB) will give Sri Lanka 145 million US dollars for science and technol...

2 min read

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Latest Last
US Dollar 201.2131 200.9721
UK Pound 267.6235 268.1470
Euro 225.6504 225.2998
Aus Dollar 143.8472 144.8205
Yen 1.7515 1.7421
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6970 2.6953
Korea Won 0.1686 0.1689
Oman Rial 522.6246 522.0190
Saudi Riyal 53.6354 53.5768
UAE Dirham 54.7802 54.7146
Source: Central Bank/Indicative
pts %
S&P SL20 3,767.41 0.44%
CSE All Share 11,025.73 1.06%
Turnover Rs million. 2,191,558,044.10 9,980,315,103
Source: CSE
Latest Last
3-m bill 7.63 7.76
6-m bill 7.88 7.96
12-m bill 8.16 8.20
5-yr bond 10.58 10.47
8-yr bond 11.20 11.21
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.93 5.99
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka govt to spend Rs1.2bn on extra wage hike to tea estate workers

ECONOMYNEXT – Sri Lanka’s government will allocate 1.2 billion rupees in the forthcoming budget to pay an ...

2 min read

Sri Lanka industrial activity grows in December with higher food production

Sri Lanka's industrial activity grew 1.6 percent in December 2018 compared to November with higher food production in th...

2 min read

Sri Lanka's Jetwing Symphony Hotels hit by forex loss

Sri Lanka's Jetwing Symphony Plc reported a loss of 128.5 million rupees in the December 2018 quarter, up 20 percent fro...

2 min read

Sri Lanka awaits funding to wrap up 'overtourism' study

A Sri Lanka-World Bank joint study on how many tourists Sri Lanka can handle sustainably requires funding approval from ...

2 min read

Tourist arrivals to Sri Lanka up 2.2-pct in Jan 2019

Tourist arrivals to Sri Lanka in January 2019 rose 2.2 percent from a year earlier to 238,924, the tourism development a...

1 min read

Sri Lanka expects near record rice output in 2019

Sri Lanka is expected to produce 2.85 million tonnes of paddy (rough rice) in the current Maha major cultivation season,...

1 min read

Sri Lanka to give promotions incentive for inbound tour operators

Sri Lanka's tourism promotion agency is planning to give an advertising incentive for inbound tour operators to encourag...

1 min read

Tallest building outside Sri Lanka's capital planned

A 35-story residential and shopping tower complex in Ja-Ela north of Sri Lanka's capital Colombo has been given the go h...

1 min read

Sri Lanka sets guaranteed prices for paddy ahead of 2019 harvest

Sri Lanka's Finance Ministry had allocated 5.0 billion rupees to buy rice at guaranteed prices from farmers ahead of th...

1 min read

Cleveland Bridge UK wins Euro 37mn Sri Lanka deal

Cleveland Bride UK has won a 37.5 million Euro deal to build bridges in rural Sri Lanka, the government said.

1 min read