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Business

Ambedkar: (A)-Political Buddhism and state socialism

Despite intense political concern with Buddhism and socialism, Ambedkar strangely relegates them to separate spheres.

April 12, 2023 39 min read

Sri Lanka coconut auction prices down 6-pct

The auction offered 1,394,310 coconuts and 1,005,534 nuts were sold.

April 12, 2023 1 min read

Sri Lanka restraints agro experts from migrating: Minister

There is a huge shortage of the experts in the agriculture sector

April 11, 2023 2 min read

Sri Lanka to try prepaid cards for bus transit again, this time with QR codes

Gunawardena said the new system, which will see QR-enabled cards issued to passengers, will be launched in due course.

April 10, 2023 1 min read
Sri Lanka to set up tourism commission: Minister Herath

Through a merger of agencies we target to revive the sector

Sri Lanka tea production down 8-pct in October 2024, exports up

Exports were up 1.7 percent in the 10 months to 203 million kilograms.

Sri Lanka allows regulated sale of 'refuse tea'

ECONOMYNEXT – Sri Lanka’s Ministry of Plantation Industries has decided to allow private processors to sel...

January 20, 2017 1 min read

Sri Lanka tea marketing fund stays with ministry, campaign starts April

ECONOMYNEXT – A fund to promote Ceylon tea in overseas markets which the Treasury tried to take over will remain ...

January 20, 2017 1 min read

Sri Lanka gets World Bank loan to promote export-oriented food crops

ECONOMYNEXT – The World Bank is to give Sri Lanka a $25 million loan to help the island modernise its agriculture...

January 18, 2017 2 min read

Sri Lanka Bairaha Farms to spend Rs239mn more on feed mill silos

ECONOMYNEXT – Sri Lankan poultry firm Bairaha Farms said it will have to spend an extra Rs239 million to complete...

January 17, 2017 1 min read

Investors bid to develop Sri Lanka landfill on prime property

ECONOMYNEXT – Sri Lanka’s Urban Development Authority (UDA) is evaluating proposals from investors to deve...

January 17, 2017 1 min read

Sri Lanka Royal Ceramics invests nearly a billion rupees in expansion

ECONOMYNEXT – Sri Lankan tile and sanitary ware maker Royal Ceramics Plc (RCL) said it will invest nearly a billi...

January 16, 2017 1 min read

Sri Lanka tea prices at new high in 2016

Sri Lankan tea prices hit a new high in 2016 at the Colombo auctions with most of the gains coming towards the year end ...

January 14, 2017 2 min read

Sri Lanka highland farmers advised to light bonfires as frost bites

Sri Lanka's highland farmers have been advised to light small bonfires in vegetable fields to reduce frost damage to cro...

January 13, 2017 2 min read

Sri Lanka sea food exports to EU up 200-pct

ECONOMYNEXT – Sri Lanka’s exports of sea food to the European Union, which accounts for about 28.7 per cen...

January 11, 2017 1 min read

Sri Lanka’s Access invests Rs2.3bn in commercial, apartment complex

ECONOMYNEXT – Sri Lanka’s Access Engineering said it has invested Rs2.3 billion in a joint venture with fo...

January 11, 2017 1 min read
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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

Sri Lanka to build tourist zone at ex-VOA relay station site: PM

Sri Lanka will set up a tourist complex in a 400 acre land bordering the North Western coast where a former Voice of Ame...

January 11, 2017 1 min read

Sri Lanka's Alumex buys land to expand capacity

ECONOMYNEXT - Sri Lanka's Alumex Plc, an aluminium extrusions firm, said it is purchasing land for Rs420 million to expa...

January 11, 2017 1 min read

Sri Lanka luxury yacht cruises run aground for second time

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January 10, 2017 2 min read

Sri Lanka gets USAID support for clean water project

ECONOMYNEXT – The United States Agency for International Development (USAID) has started a project in Sri Lanka t...

January 9, 2017 1 min read

Sri Lanka spends more money to spruce up tourist sites

ECONOMYNEXT – Sri Lanka’s tourism authorities will work closely with provincial governments and spend more...

January 9, 2017 1 min read

Sri Lanka to support small hoteliers

Sri Lanka’s tourism authority wants to support small tourist property owners as part of plans to expand the islan...

January 8, 2017 2 min read

Sri Lanka unveils special zone to attract Chinese industries

Prime Minister Ranil Wickremesinghe and ambassador Yi Xianliang launched a special industrial zone in Hambantota yesterd...

January 7, 2017 3 min read

Sri Lanka fishermen’s resistance holds up beach resort investments

ECONOMYNEXT – Planned investments in a new zone earmarked for beach resorts in Sri Lanka’s north-west regi...

January 6, 2017 1 min read

Ranken – KDESH joint venture wins Sri Lanka water supply deal

ECONOMYNEXT – Sri Lanka’s government has awarded a contract worth over Rs1.96 billion to a local and Chine...

January 6, 2017 1 min read

Sri Lanka aims to lure 2.5mn tourists in 2017

ECONOMYNEXT – Sri Lanka has set a target of attracting 2.5 million tourists in 2017, despite difficulties posed b...

January 6, 2017 2 min read