An Echelon Media Company
Saturday January 28th, 2023
Business

Sri Lanka's tourism promotion in China face delay amid demand planning

Sri Lanka targets around 220,000 Chinese tourists in 2023

January 20, 2023 2 min read

Sri Lanka establishes temporary sea turtle hatchery near Chinese Port City

Sri Lanka's sea turtles are under threat amid poaching, egg consumption

January 19, 2023 2 min read

Sri Lanka optimistic of 2023 tourism targets after Jan performance: official

Fernando said tourism revenue in 2022 was 1.2 billion US dollars.

January 18, 2023 2 min read

Sri Lanka to spend Rs10bn to give free rice to families

The government will buy 61,600 metric tonnes of paddy to produce 40,000 MT of rice.

January 17, 2023 2 min read
Sri Lanka eyes Saudi investments for energy, real estate, Port City - Foreign Minister 

Sri Lanka's relationship with Saudi was hit by forced cremation under former president Gotabaya Rajapaksa

Sri Lanka tea output falls to 26-year low on interventionist state

Smallholders earned around 250 rupees a kilo for green leaf

Crisis-hit Sri Lanka launches coolant system in fishing boats to minimize losses

Sri Lanka's post harvest losses in fishing has been over 20%.

January 3, 2023 1 min read

Sri Lanka to stop school admissions done under pressure

Many schools admit students under various pressure - minister

January 3, 2023 1 min read

Sri Lanka hikes excise duty on alcohol by 20-pct

.

January 3, 2023 1 min read

Sri Lanka to start seafood quality and quarantine process to enable China exports

“Specially for products such as sea cucumbers there is big demand…In India and China..”

January 3, 2023 1 min read

Sri Lanka king coconut output to crash 40-pct from white fly disease

Standard coconut palms less affected

January 3, 2023 2 min read

Sri Lanka to import eggs after price controls decimate layer, parent bird populations

If necessary, we will look at the quantity and import to give eggs

January 3, 2023 2 min read

Sri Lanka power regulator on collision course with cabinet

Their target is to earn 100 billion rupees from all citizens that uses less than 120 units in 2023

January 2, 2023 2 min read

Bangladesh start-ups see progress

Bangladesh's startups grew nearly tenfold in the 2020/2021 period

Kshama Ranawana
January 1, 2023 3 min read

Sri Lanka high mid grown teas ease, low growns gain

Ceylon tea prices gained steeply in 2022, after the rupee fell.

January 1, 2023 3 min read

Sri Lanka's Kanrich Finance directed to settle liabilities by Feb 2023

Action was taken due to capital deficiencies in the company

Neshella Perera
December 30, 2022 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 371.7127 371.6601
UK Pound 453.5962 453.9794
Euro 396.3156 396.4763
Aus Dollar 250.1862 251.1981
Yen 2.8251 2.7549
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.3961 4.3963
Korea Won 0.2820 0.2791
Oman Rial 943.2237 943.2268
Saudi Riyal 96.7270 96.7115
UAE Dirham 98.8729 98.8786
Source: Central Bank/Indicative
pts %
S&P SL20 2,653.84 -1.51%
CSE All Share 8,420.26 -1.04%
Turnover Rs million 4,621,153,484 2,824,714,520
Source: CSE
Latest Last
3-m bill 31.03 31.03
6-m bill 29.57 29.60
12-m bill 28.41 28.41
5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
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 cash-strapped state plans 14,000-acre land grab in currency crisis: report

These fallow lands will be brought under the government and steps will be taken to cultivate them

December 30, 2022 4 min read
2

SME food suppliers of Sri Lanka retail chain financed by USAID

The partnership plans to support approximately 100 MSMEs to obtain USD 4 million worth of credit over six months.

December 29, 2022 1 min read

Sri Lanka departure, arrival cards online for travellers

The data can be filled up to 3 days before departure

December 29, 2022 1 min read

Sri Lanka's privatized cattle farm an example to follow: President

Under private management the best cows yield 50 litres a day from an average of 9 under state ownership

December 29, 2022 2 min read

Sri Lanka cancels license of Swarnamahal Financial Services

The license was cancelled on December 28.

December 28, 2022 2 min read

Dilshan Wirasekara MD of Sri Lanka's First Capital, Manjula Mathews Director

The change came after the tragic death of Dinesh Schaffter, who was the managing director.

December 28, 2022 1 min read

Sri Lanka eying China tourism as Covid controls relaxed

" In 2019, the number of outbound tourists from China reached nearly 155 million."

December 28, 2022 2 min read

Sri Lanka rice farmers to get free TSP fertilizer

FAO will distribute 36,000 metric tonnes of Triple Super Phosphate (TSP) fertilizer in 2023.

December 27, 2022 1 min read

Sri Lanka tea production marginally improves in Nov 2022

Policy mismanagement and bad weather continue to eat into dollar crop

December 26, 2022 2 min read

Sri Lanka minister wants action against tourists doing business

It is not clear how many drug dealers lost their jobs due to the tourists.

December 23, 2022 1 min read
2