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Sunday December 4th, 2022

Sri Lanka seeks construction partnerships with Nepal

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

May 5, 2021 1 min read

Sri Lanka hotels hit as Coronavirus wave crashes wedding season

Some hotels are operating as Covid treatment centres

May 4, 2021 3 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

May 4, 2021 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.

May 4, 2021 2 min read
Roses dominate in Sri Lanka's picked up valentine sales

"Wow. I thought Sri Lanka is going through economic hardships"

Sri Lanka's Home Lands Skyline rated 'A(lka)' despite macro challenges: Fitch

We expect the company to face near-term challenges from the weak domestic economy

Sri Lanka's Blue Mountain property group probed: police

Blue Mountain, a real estate and property group in Sri Lanka is under investigation after customers made complaints alle...

July 12, 2019 1 min read

Sri Lanka seeks to promote science, technology, help innovators find investors

ECONOMYNEXT –Sri Lanka’s ministry of science, technology and research will hold an exhibition, “Shil...

July 12, 2019 2 min read

Travel and Leisure readers vote Sri Lanka best island in the world

Readers of the Travel and Leisure magazine have ranked Sri Lanka as the best island in the world to visit in 2019, addin...

July 12, 2019 1 min read

Sri Lanka banks considering relief for Rs101bn in tourism debt

Sri Lanka banks will suspend interest on 101 billion rupees in hotel borrowings for one year to help the tourism industr...

July 11, 2019 2 min read

Sri Lanka's RIL Property mulls buying more real estate, strategic alliances

ECONOMYNEXT- Sri Lankan commercial real estate developer RIL Property is considering buying property and striking strate...

July 11, 2019 2 min read

Sri Lanka plans to relaunch free tourist visa in August: report

Sri Lanka is mulling re-launching a free visa for 39 countries which was halted due to the Easter Sunday terror attacks,...

July 10, 2019 2 min read

Japan firm to build US$8.4mn boutique hotel in Sri Lanka's Ahungalla

Wakana (Pvt) Ltd, promoted by a Japan based investment group, will build an 8.4 million US dollar boutique hotel in Ahun...

July 9, 2019 1 min read

Ethnically mixed schools good for social reform but unrealistic - Marikkar

Despite post-Easter conversations about introducing government schools that are not divided along lines of religion or e...

Nisali De Silva
July 9, 2019 2 min read

First model village built under Sri Lanka-India partnership handed to residents

The first of 100 model villages to be built in Sri Lanka with Indian assistance was handed over to the residents in Rani...

July 6, 2019 1 min read

Sri Lanka stationery maker Atlas in South East Asia push

Atlas Axilia, a top stationery manufacturer in Sri Lanka, is planning to grow exports to South East Asia, where it may a...

July 5, 2019 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 371.7757 371.7599
UK Pound 442.7119 438.8584
Euro 387.1945 385.3880
Aus Dollar 253.0234 251.0798
Yen 2.6686 2.6603
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4818 4.4863
Korea Won 0.2748 0.2747
Oman Rial 944.1068 944.1068
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UAE Dirham 98.9627 98.9627
Source: Central Bank/Indicative
pts %
S&P SL20 2,464.20 -3.19%
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Turnover Rs million 1,626,658,918 1,576,314,848
Source: CSE
Latest Last
3-m bill 31.03 31.03
6-m bill 29.57 29.60
12-m bill 28.41 28.41
5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lankan unit of Piramal Glass invests Rs.1.3bn to expand export production

Piramal Glass Ceylon Plc (PGC), Sri Lanka's glass bottle manufacturer, has invested 1.3 billion rupees on a new bottling...

July 5, 2019 2 min read

Cargills improves Sri Lanka farmer yields, cuts costs with India’s Jain Irrigation

Cargills (Ceylon), which operates Sri Lanka’s biggest supermarket chain, said it has helped Sri Lankan farmers ge...

July 5, 2019 2 min read

Teacher service will be upgraded - PM

The Government will provide comprehensive training to all untrained teachers and Sri Lanka’s school system will be upg...

July 5, 2019 1 min read

Sri Lankan tea prices slide, buyers shift to cheaper origins

Prices of Sri Lankan tea have been sliding despite their reputation for quality, owing to increased volume and comparati...

Tania Madies
July 4, 2019 3 min read

Sri Lanka's Horana Plantations diversifies into oil palm, as tea, rubber prices stay low

Sri Lanka’s Horana Plantations is diversifying into more commercially viable crops, especially oil palm, to reduc...

July 3, 2019 2 min read

Sri Lanka tourist arrivals fall 57-pct in June

Sri Lanka's tourist arrivals fell 57 percent in June 2019 from a year earlier, following the Easter Sunday attack, the t...

July 3, 2019 3 min read

Number of vacancies in schools become known for the first time

Applicants seeking school admission can now know the number of vacancies available in the school for the first time, Min...

July 3, 2019 1 min read

Sri Lanka tourist arrivals starting to recover in June

Sri Lanka's tourist arrivals are starting to recover from Easter Sunday attacks, a top official said, with many countrie...

July 3, 2019 2 min read

Top cricketers, Bollywood stars to visit Sri Lanka to boost tourism

Cricketing and Bollywood stars will be promoting Sri Lanka tourism to the Indian market after the Easter Sunday terror a...

Mahadiya Hamza
July 2, 2019 2 min read

University of Technology Sydney targets South Asia with Sri Lanka college

ECONOMYNEXT – University of Technology Sydney is to open a college in Sri Lanka with an investment of two million...

July 2, 2019 2 min read