An Echelon Media Company
Sunday March 26th, 2023
Business

Sri Lanka to soon reopen schools with 200 students or fewer for grades 1 to 5

“We ask academic staff to revamp the school sick rooms, and bring students back to school under health protocols.”

September 24, 2021 2 min read

Sri Lanka seeks technical assistance for organic agriculture

Sri Lanka welcomes technical assistance and bilateral support in this regard

September 24, 2021 1 min read

Sri Lanka should open schools, but reduce exam pressure: EducationForumSL

Alternatives to the “covering the syllabus to prepare children for exams” approach is needed

September 24, 2021 7 min read

Sivashanth Sundararajee appointed COO of CT CLSA Securities Services

Sivashanth is banker with over 20 years’ experience in retail banking and global banking.

September 22, 2021 2 min read
Sri Lanka Coconut prices continue to increase

Buyers offered 1,061,961 nuts at the auction and sold 589,239.

Sri Lanka partners with USAID to convert petrol-run tuktuks to electricity

The move also aims to promote a greener transportation sector, a statement said.

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
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

Millennium Housing to build 400 houses in three locations in Sri Lanka

Sri Lanka's Millennium Housing Developers Plc said it was planning 400 houses in three locations as there was unfulfill...

September 12, 2019 1 min read

Safran Singapore wins Sri Lanka Airbus landing gear contract

Safran Landing Systems Services Singapore has won a deal to repair landing gear of Airbus A330-220 aircraft operated b...

September 11, 2019 1 min read

Arugam Bay World Surf League event shows Sri Lanka a safe destination: Officials

Sri Lanka will host a men's qualifying series competition of the World Surf League at Arugam Bay with over a 125 surfers...

September 11, 2019 2 min read

Enterprise Sri Lanka in Jaffna draw large crowds

An exhibition to promote entrepreneurs has drawn over 300,000 visitors and there was strong interest in loans to mechani...

September 10, 2019 1 min read

Appointment of 4,286 teachers violates recruitment procedures – Ceylon Teachers’ Union

The Ceylon Teachers’ Union said today (09) that an allegedly improper appointment of National Education College (NEC) ...

September 9, 2019 1 min read

Japanese packaging firm to set up plant in Sri Lanka

Japan’s Sugano Packing Materials Co., Ltd., is to set up a plant in Sri Lanka to make flexible packaging that will be ...

September 9, 2019 1 min read

90% of vocational training courses free of charge – Deputy Minister

Some 90 per cent of vocational training courses are conducted free of charge at present, Vocational Training Deputy Mini...

September 9, 2019 1 min read

Sri Lanka approves hotels with investments of US$23.3mn in June

Sri Lanka's tourism regulator has approved 16 new hotel projects worth 23.30 million US dollars in the second quarter of...

September 9, 2019 1 min read

Softlogic Life wins top award at Sri Lanka's Effies 2019

Softlogic Life Insurance Plc, has won the gold award for 'brand of the year' at the 2019 Effie Advertising awards in Sr...

September 8, 2019 2 min read

Sri Lanka’s Odel lobbying for lower import duties, to lure tourists

Sri Lankan retailer Odel is lobbying the government to reduce import duties and help make the island an attractive shopp...

September 6, 2019 2 min read
1