An Echelon Media Company
Monday November 9th, 2026
Business

Sri Lanka residential land prices rise 6.7-pct in Colombo in H1 2026

The overall land value index went up 5.9 percent.

August 19, 2026 1 min read

UN FAO challenges youth to fix Sri Lanka’s agrifood systems

FAO, Ministry of Education, HNB and partners launch National Youth Innovation Challenge to mark World Food Day in Sri La

August 19, 2026 3 min read

Sri Lanka cabinet approves transfer of state machinery to local bodies

"These assets are not currently being utilized by the State Engineering Corporation,

August 19, 2026 1 min read

Sri Lanka to designate three firms for Port City strategic status

Marina Hotel Holdings (Private) Limited, Prime Melva Port City (Private) Limited, and Homelands Port City (Private) Limi

August 18, 2026 1 min read
Sri Lanka chamber welcomes Fitch upgrade, urges focus on reforms

"The priority now must be to preserve this stability and build on it through implementation of reforms related to trade

Sri Lanka Land Development Corporation to procure Rs1.2bn machinery for flood mitigation

Small-scale machinery valued at an estimated 1.23 billion rupees to clear urban canals

Sri Lanka looks for investors for Maradana land

Land to be used for a new invention/information technology-related, mixed development project

April 28, 2026 1 min read

Sri Lanka, China agree for joint initiatives on tourism under BRI  

Sri Lanka has been in the process of boosting more tourists from China

April 27, 2026 3 min read

Sri Lanka tech firms net $2mn in prospects in Tokyo

Sri Lanka ICT companies participate at Japan IT Week 2026

April 27, 2026 2 min read

Deloitte Sri Lanka urges businesses to view transfer pricing as strategy

Unlocking value in Sri Lanka’s knowledge and innovation sector

April 27, 2026 4 min read

Asia could face increased food-cost pressures amidst prolonged US-Iran war: Fitch

The Gulf region produces much of the world’s fertiliser as natural gas is an important feedstock.

April 24, 2026 4 min read

Resources Development Consultants gets Rs356mn railway feasibility study contract

Tender for consultancy services for feasibility study and preparation of plans for extension of Kelani Valley line

April 22, 2026 1 min read

Don Bosco Institute contributes to Sri Lanka's economy with higher skill levels

Most DBI graduates have secured jobs before graduation ceremony

April 19, 2026 3 min read

Sri Lanka March tourism revenue plummets 37 pct as ME escalation bites

The revenue is down 15 percent in the first quarter

April 18, 2026 2 min read

Sri Lanka state bus service earns Rs1bn as rail remains unrepaired during key holiday

Major lines like the upcountry line are unrepaired 5 months after being damaged during Cyclone Ditwah

April 16, 2026 1 min read

Australia, Sri Lanka central bank grow MSMEs' financial literacy

Skills for Inclusive Economy (S4IE) program designed to reach more entrepreneurs across the island

April 9, 2026 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 331.7485 330.8514
UK Pound 443.7468 438.3450
Euro 372.5204 371.0168
Yen 2.0969 2.0916
Aus Dollar 233.0533 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.4948 3.4202
Korean Won 0.2499 0.2479
Oman Rial 861.6397 859.3320
Saudi Riyal 88.4403 88.0955
UAE Dirham 90.3209 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
CSE All Share 19,927.30 -0.28%
Turnover Rs 1457.79 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Maga Engineering gets Rs2.6bn water project in Anuradhapura, Sri Lanka

JICA funded contract valued at 628.10 million Japanese Yen (2,660.70 million rupees)

April 8, 2026 2 min read

Sulakshana Jayawardena appointed acting head of Sri Lanka’s BOI

His appointment comes at a time when Sri Lanka is struggling to attract FDI

April 8, 2026 1 min read

Deloitte Sri Lanka launches NBFI sector Compensation & Benefits Survey 2025

Survey highlights how companies are responding to evolving compensation and benefits related challenges in the sector

April 8, 2026 4 min read

Sri Lanka to convert courts at Galle Fort for tourism project

High Court and Magistrate's Court, currently in Galle Fort, will be moved to new courts complex constructed in Beligaha

April 7, 2026 1 min read

Sri Lanka water rates unchanged until July, officials say

Price revisions are considered only twice a year

April 3, 2026 2 min read

Sri Lanka’s March tourism arrivals fall 19.7% dragged down by ME conflict

The daily average tourist arrivals have plunged over 40 percent from February to March 2026

April 2, 2026 3 min read

Sri Lanka construction activity expands in Feb 2026: PMI

April 1, 2026 1 min read

NEM Construction gets Rs1.2bn contract to upgrade Sri Lanka's A2 road sections

To improve 4 sections of the Colombo-Galle-Hambantota-Wellawaya road in the Kalutara District,

April 1, 2026 1 min read

Sri Lanka allows private rice imports to address shortage

Imports of these rice varieties will be allowed from April 1 to 30, and must be cleared by May 31

March 31, 2026 1 min read

Sri Lanka to amend Immigration Act to offer free visas to 39 countries

The proposal to issue free 6-month tourist visas to promote tourism was announced last year, but yet to be implemented

March 31, 2026 1 min read