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Thursday June 1st, 2023
Business

Sri Lanka to lease 1,750 hectares of Mahaweli land for commercial crops

Land given on long term leases

December 7, 2021 1 min read

Sri Lanka expects Kazakhstan tourist influx till April: Aitken Spence

Attempts to increase weekly flights

December 2, 2021 2 min read

Sri Lanka women company directors forum could help boost board representation: IFC

Out of CSE-listed company directors, 9.5% are women

December 1, 2021 2 min read

Sri Lanka puts glyphosate back on banned list

Under new import control laws issued on Nov 30

December 1, 2021 1 min read
Sri Aurobindo: Mystical Awareness Supplants Production

In India, religion and socialism commingle and collide.

Sri Lanka banks on India to boost tourism this year after "bad press".

Sri Lanka tourism is yet to see large foreign visitors after political crisis ended.

Sri Lanka Telecom to build cricket ground

Sri Lanka Telecom and Sri Lanka cricket will build a cricket playground in a 36 acre land belonging to the telco in a su...

November 21, 2019 1 min read

Sri Lanka Hirdaramani deploys cost cutting start-up software in apparel group factories

Sri Lanka's Hirdaramani apparel conglomerate is deploying new quality management software developed by a group IT start-...

November 20, 2019 2 min read

Sri Lanka's Ocean Lanka sees revenues grow, backed by cleaner production

Sri Lanka's Ocean Lanka (Pvt) Ltd, the island's largest weft-knitted fabric factory is boosting revenues as it ties up w...

Chanka Jayasinghe
November 20, 2019 2 min read

Sri Lanka’s Softlogic in Rs762mn Sept quarter loss

Sri Lanka’s Softlogic Holdings made a loss of 762 million rupees in the September 2019 quarter compared with profits o...

November 19, 2019 2 min read

Sri Lanka's Hirdaramani, Bangladesh apparel firms on HSBC Serai tech platform

Sri Lanka's Hirdaramani group and several Bangladesh apparel firms are among early adopters of a supply chain matching s...

November 19, 2019 2 min read

Sri Lanka says wheat flour prices not hiked

The retail price of wheat flour in Sri Lanka has not been hiked, and the Consumer Affairs Authority has not given approv...

November 15, 2019 1 min read

Sri Lanka's Access begins Marine Square project backed by Mustapha, China Harbhour

Sri Lanka's Access group, Singapore-based Mustapha and China Harbour Engineering group have begun construction of Colomb...

November 15, 2019 1 min read

Sri Lanka Access Engineering profits down 20.8-pct in Sept quarter

Sri Lankan construction firm Access Engineering Plc’s net profits for the September 2019 quarter fell 20.8 percent to...

November 15, 2019 2 min read

Sri Lanka seeks to double post-2010 tourism investments over next five years

Sri Lanka is expecting investments into tourism received from 2010 to 2019 to double over the next five years to 6 billi...

November 15, 2019 1 min read

Sri Lanka's Melstacorp Sept quarter profits fall 58-pct

Profits at Sri Lanka's Melstacorp group fell 58 percent to 624 million rupees in the September 2019 quarter from a year ...

November 15, 2019 1 min read
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Latest Last
US Dollar 290.6745 289.8986
UK Pound 358.1710 357.3274
Euro 309.9647 310.0947
Aus Dollar 188.4064 310.0947
Yen 2.0658 2.0576
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5935 3.6214
Korea Won 0.2248 0.2261
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Source: Central Bank/Indicative
pts %
S&P SL20 2,432.34 0.14%
CSE All Share 8,532.60 -0.50%
Turnover Rs million 575,340,332 518,927,793
Source: CSE
Latest Last
3-m bill 24.64 24.60
6-m bill 24.24 24.36
12-m bill 22.37 22.36
5-yr bond 24.98 24.79
8-yr bond 23.82 23.16
Source: Central Bank/Indicative
today yesterday
Overnight Money 16.49 16.49
Gilt Repo 16.50 16.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Piramal Glass Sri Lanka unit back in profit in Sept quarter

The Sri Lankan unit of India's Piramal Glass returned to profits in the September 2019 quarter with net earnings of 74 m...

November 15, 2019 1 min read

Festive demand boosts Sri Lanka factory output, automation hits service jobs

Sri Lanka’s factory production increased in October propelled by food and beverage manufacturing to meet festive deman...

November 14, 2019 2 min read

Sri Lanka’s NDB Sept quarter net profit flat at Rs1.1bn

Profits at Sri Lanka’s National Development Bank (NDB) were almost flat at 1.1 billion rupees in the September 2019 qu...

November 14, 2019 2 min read

SLMA to presidential candidates: Help fight university ragging

The SLMA requested all presidential candidates today to condemn ragging in universities and take measures to curb the pr...

November 13, 2019 2 min read

Sri Lanka Presidential candidates charged premiums for advertising

Sri Lanka's radio, television and newspapers are charging premium rates of 150 to 300 percent of standard prices from ca...

Chanka Jayasinghe
November 13, 2019 2 min read

Sri Lanka recycling 30-pct of waste plastic, producing apparel, exports

Sri Lanka is re-cycling 30 percent of its waster plastic including waste washing up on its shores, into fabric and brush...

Mahadiya Hamza
November 12, 2019 2 min read

Moody’s Analytics Knowledge Services rebrands as Acuity Knowledge Partners

Moody’s Analytics Knowledge Services said it was re-branding as Acuity Knowledge Partners (“Acuity”) following the...

November 12, 2019 2 min read

Sri Lanka dairy farms hit by protectionist tax on quality feed

Sri Lanka's dairy farmers who try to grow high yield milch cows cannot be given proper feed due to protectionist taxes o...

November 9, 2019 2 min read

Spain's Barcelo invests US$30mn in Maldivian hotels of Sri Lanka's Browns Group

Spain's Barcelo Hotels Mediterraneo S. L., a subsidiary of the Barcelo Group, will invest 30 million US dollars in Maldi...

November 8, 2019 1 min read

Sri Lanka's Expolanka in Rs830mn Sept quarter loss

Sri Lankan logistics group Expolanka Holdings lost 830 million rupees in the September 2019 quarter compared with a prof...

November 7, 2019 1 min read