An Echelon Media Company
Sunday March 26th, 2023

Sri Lanka removes on-arrival PCR requirement for all arrivals in bid to boost tourism

Fully vaccinated tourists are free to move across the country the way they did before the pandemic.

September 28, 2021 3 min read

Sri Lanka to kick off online events to mark World Tourism Day

Seven webinars and competitions to commemorate World Tourism Day 20211

September 27, 2021 2 min read

Sri Lanka hires by India's HCL Technologies top 1,000 in first year

HCL Technologies said it had hired new graduates and also "seasoned industry professionals".

September 26, 2021 2 min read

Sri Lanka's 167 year old Planters' Association to hold online AGM in Covid-19

The sector had funded one fourth of Sri Lanka's hill country railway system in 1857 through a voluntary CESS tax

September 25, 2021 1 min read
Sri Lanka to change laws to facilitate State Timber Corporation exports

"Lately the timber corporation has been mostly engaged in value addition activities."

Sri Lanka tea exports down 10-pct in July; dollar and rupee earnings up

US dollar earnings were up 2% to 117.5 million dollars in July from a year ago

Sri Lanka construction firms seek Africa business in Addis Ababa

Construction companies from Sri Lanka that took part in an international exhibition in Ethiopia had an opportunity to f...

October 5, 2019 1 min read

Baili Investments gets land for Sri Lanka property project

Baili Investments Lanka (Pvt) Ltd, will get state land for a mixed development project in Rajagiriya for a mixed develop...

October 5, 2019 1 min read

Sri Lanka puts Ayurveda, Hela Osu under international spotlight

Sri Lanka is hosting an international conference on Ayurveda, a traditional South Asian medical system and the island's ...

October 4, 2019 1 min read

Incentives for rubber, sequestration plantations in Sri Lanka energy policy

A new energy policy for Sri Lanka has suggested incentives to expand rubber cultivation which can be used for fuelwood ...

October 3, 2019 1 min read

Preschools to be free under Sajith

Presidential hopeful Sajith Premadasa promised today to reform preschool education, address malnutrition and revitalise ...

October 1, 2019 3 min read

Stand-alone hotels unviable in Sri Lanka due to high construction, capital costs

Standalone hotels are not viable in Sri Lanka due to excessive construction costs, high domestic interest rates and depr...

Chanka Jayasinghe
September 25, 2019 2 min read

Sri Lanka property developer working to raise high-rise fire safety standards

Sri Lankan property developers are working with government authorities to improve fire safety standards in new high-ris...

September 24, 2019 2 min read

Brandix wins Sri Lanka exporter of the year award

Colombo-based Brandix, an apparel group which has expanded overseas into two continents and employs around 60,000 people...

September 23, 2019 1 min read

Tea Smallholder Factories get top Sri Lanka award for CTC tea

Tea Smallholder Factories Plc, a unit of John Keells Holdings had been recognized as the top producer of CTC tea (crush ...

September 22, 2019 1 min read

Indian firms eye Sri Lanka projects using buyer’s credit

Indian companies want to invest in Sri Lanka using buyer’s credit facilities from Indian Exim Bank where Sri Lankan fi...

September 19, 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 328.6083 334.9328
UK Pound 404.2407 411.1914
Euro 358.1529 359.7836
Aus Dollar 221.9914 225.8025
Yen 2.5191 2.5583
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.8504 4.0593
Korea Won 0.2471 0.2566
Oman Rial 824.2395 870.3981
Saudi Riyal 84.4779 89.2088
UAE Dirham 86.3927 91.2333
Source: Central Bank/Indicative
pts %
S&P SL20 2,722.94 -1.64%
CSE All Share 9,395.98 -1.38%
Turnover Rs million 3,437,599,160 1,512,188,680
Source: CSE
Latest Last
3-m bill 26.95 28.13
6-m bill 26.26 27.13
12-m bill 25.26 26.11
5-yr bond 26.01 25.82
8-yr bond 24.73 24.73
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 Lanka Industry activity continues growth in July

Sri Lanka’s industrial activity grew 2.1 percent in July 2019 from a year earlier, with a growth in manufacture of pap...

September 18, 2019 2 min read

Colombo Dockyard gets third pilot launch order from Sri Lanka port

State-run Sri Lanka Port Authority is to award a deal to build a pilot vessel to Colombo Dockyard Plc, a Colobo publicly...

September 18, 2019 1 min read

Sri Lanka projects 0.5mn tonne rice surplus in 2019

Sri Lanka is projecting a 535,000 metric tonne rice surplus for 2019, after two seasons of good harvests, though the isl...

September 18, 2019 2 min read

Sri Lanka’s construction material higher than region, need depoliticized tax policy: Mangala

Cement prices in Sri Lanka are higher than in more develop markets and in south Asian countries with border tax policy n...

September 17, 2019 1 min read

Sri Lanka coconut auction sales volume down

Volumes sold at Sri Lanka's weekly coconut auction in Colombo fell to 591,003 nuts at the auction on September 12 in Col...

September 16, 2019 1 min read

Sri Lanka to recruit more tax-payer paid doctors

Sri Lanka's tax-payer funded health service is running below the optimal level of doctors required and more will be recr...

September 15, 2019 1 min read

Sri Lanka gets applications for two casino licenses

Two parties have applied to open income tax files for casinos in Sri Lanka but no licenses can be issued to them, after ...

September 15, 2019 2 min read

Sri Lanka rough rice forecast for Yala 2019 bumped up to 1.54mn tonnes

Sri Lanka has raised a paddy (rough rice) output from both cultivation seasons in 2019 to 4.613 million metric tonnes up...

September 14, 2019 1 min read

Sri Lanka's SOS Village youth have high employability

Children who grow up and leave the care of SOS Children's Villages have high employability, with the charity giving them...

September 14, 2019 3 min read

Sri Lanka students allowed to work in new UK immigration route

UK has launched new visa for students from Sri Lanka and other territories to remain in Britain two years after graduati...

September 13, 2019 1 min read