An Echelon Media Company
Friday June 2nd, 2023

Sri Lanka to give 7-day grace period for foreigners overstaying visas

Two stage fines of US$250 dollars and US$500

May 31, 2023 2 min read

Sri Lanka teachers withdraw from A/L paper marking again over unresolved payments

Paper correction started this month after a long delay

May 29, 2023 1 min read

Sri Lanka food security improves across all provinces by 40 percent: FAO, WFP

Nearly 10,000 people are considered severely acute food-insecure at present, down from 66,000 people last year.

May 29, 2023 4 min read

Sri Lanka Ceylon Tea prices down at weekly auction

The weekly sale average fell by 86.93 rupees to 980.64 rupees from 1067.57 rupees

May 29, 2023 2 min read
Sri Lanka in talks with Bill and Melinda Gates Foundation for automation in agriculture

Officials of the Bill and Melinda Gates Foundation have assured President Wickremesinghe interventions would be made.

Sri Lanka tourism arrivals up from last year in May, but below April 

In April Sri Lanka welcomed 105,498 tourists, down from 125,495 in March.

Sri Lanka to set up cannabis export processing zone

Several investors have expressed interest

May 27, 2023 1 min read

Sri Lanka LOLC group rebrands its hotel to boost tourism 

Sri Lanka has already seen over 500,000 foreign visitors so far this year

Apsara Rodrigo
May 26, 2023 1 min read

Sri Lanka coconut auction prices up 5.1-pct

The auction offered 678,770 coconuts and 512,848 nuts were sold.

May 25, 2023 1 min read

Sri Lanka's Hayleys Plc rated 'AAA(lka)' with a stable outlook: Fitch

We believe this will lead to steady operating cash flows

May 25, 2023 8 min read

Sri Lanka's JKH in talks international operators over gaming strategy

Also discussing tenants of retail mall

May 24, 2023 2 min read

Sri Lanka hikes entry fees to botanical gardens

Sri Lanka has hiked entry fees to botanical gardens by tourists and domestic visitors by around 50 percent from July 01

Apsara Rodrigo
May 23, 2023 1 min read

Sri Lanka consumer goods face challenges, driven by essentials: retailer

Falling prices

May 22, 2023 3 min read

Sri Lanka manufacturing, services down in April 2023 : PMI

New orders in April dropped to 33 from 55.9, and Production fell to 24.5 from 55.8.

May 22, 2023 2 min read

Rupee appreciation and higher volumes drags down tea prices

All average tea prices fell and the weekly sale average was down by 65.40 rupees to 1067.57 rupees from 1132.97 rupees

May 21, 2023 2 min read

Sri Lanka hosts the Indian Travel Agents Association convention to boost tourism

The 68th annual convention of Travel Agents Association of India (TAAI) is set to be held from July 6 to 9, 2023.

Melkishiya Andrew
May 20, 2023 2 min read
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US Dollar 283.8763 290.6745
UK Pound 352.3039 358.1710
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today yesterday
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Source: Central Bank/Indicative

Sri Lanka to allow more farmers to use firearms against wild animal attacks

Licenses for firearms for crop protection activities can be obtained from the District Secretariats, Minister Tennakoon.

Neshella Perera
May 19, 2023 2 min read

Gandhi: The social logic of Ahimsa

From his axiom of ahimsa (non-violence), Gandhi derives two promising themes...

Mark Hager
May 18, 2023 28 min read

Sri Lanka's Teejay Lanka net down 82-pct in March 2023 quarter

Finance costs up

May 18, 2023 1 min read

Singapore based GoodHope's announce Sri Lanka delisting

A circular to the shareholders with full details of the proposed delisting will be issued shortly

May 17, 2023 1 min read

USAID, Ceylon Biscuits to transfer know-how to 12,000 Sri Lanka farmers

The 'climate-smart agriculture' initiative to improve productivity of five priority crops

May 16, 2023 2 min read

Sri Lanka state agency to develop Singapore designed Western province plan

Officials also discussed the release of land and land acquisition for the implementation of development works.

May 15, 2023 2 min read

Sri Lanka layer chick demand picks up in broiler glut


May 15, 2023 2 min read

Sri Lanka high, mid and low grown tea prices ease at weekly auction

Sri Lanka’s Ceylon tea prices continued to fell 50-150 rupees per kilogram at an auction on May 10

May 14, 2023 2 min read

Sri Lanka sees sluggish tourist arrivals in May as off season starts 

Tourist arrivals are up 27 percent in the first four months.

Melkishiya Andrew
May 13, 2023 2 min read

Sri Lanka's DFCC Bank net profit up in March 2023 quarter

Sri Lanka’s DFCC Bank has reported profits of 2.1 billion rupees for the March 2023 quarter

May 12, 2023 2 min read