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Thursday December 2nd, 2021
Business

Sri Lanka's Teejay expects supply chain shake-up, lower cotton prices to help

Sri Lanka's Teejay Lanka Plc, a weft-knit fabric maker for foundation garments which shifted to mask cloth during a Coro...

5 min read

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...

5 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...

5 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...

5 min read

Sri Lanka tea exports down 2-pct in Feb 2021, China buys more

Sri Lanka's tea exports fell 2.07 percent from a year ago to 23.16 million kilograms in February 2021, while revenues in...

Low grown Ceylon teas drive Sri Lanka February 2021 output up 22-pct

Sri Lanka had produced 22.38 million kilograms of tea in February 2021 up 22 percent from a year ago driven by a 38 perc...

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

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

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Latest Last
US Dollar 202.0474 202.0474
UK Pound 268.7331 269.2383
Euro 228.7177 228.3338
Aus Dollar 144.3831 144.4841
Yen 1.7815 1.7776
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6936 2.6920
Korea Won 0.1711 0.1702
Oman Rial 524.7916 524.7916
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Source: Central Bank/Indicative
pts %
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CSE All Share 11,440.53 2.13%
Turnover Rs million. 2,191,558,044.10 10,054,526,815
Source: CSE
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3-m bill 7.56 7.63
6-m bill 7.91 7.88
12-m bill 8.25 8.16
5-yr bond 10.56 10.58
8-yr bond 11.21 11.20
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 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

Sri Lanka to focus on three Indian states in tourism promotions

Sri Lanka's state tourism agency, the Sri Lanka Tourism Promotions Bureau, is hoping to target its future promotions in ...

1 min read

Sri Lanka fresh coconut auction price up 0.2-pct

Sri Lanka's fresh coconut prices picked up 0.2 percent to 30,022.55 for 1,000 nuts at the weekly auction held in Colombo...

1 min read

Sri Lanka starts whale watching fees, tourists discriminated

Sri Lanka has started regulating whale watching, extending a discriminatory fee structure to tourists which is already f...

2 min read

UK’s Flexicare to make medical devices in Sri Lanka

Flexicare (Group) Limited, a United Kingdom-headquarted manufacturer and supplier of medical devices, will set up a disp...

1 min read

Sri Lanka tourism campaign to go ahead with new promotions head

Sri Lanka's delayed three billion rupee, three year main tourism promotional campaign is expected to get off the ground ...

2 min read