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Monday November 9th, 2026
Business

Sri Lanka to boost chili farming with disease resistant varieties

Our objective for 2023 is to fulfill 20 percent of the requirement of 55,000 kilos

April 10, 2023 2 min read

Sri Lanka tea prices fall at weekly auction

The weekly sale average fell to 1262.40 rupees from 1271.38 rupees a week ago,

April 9, 2023 2 min read

Sri Lanka canteen owners under fire over broken price cut promises

"The prices were reduced because the fuel prices and gas prices came down based on global levels."

April 8, 2023 3 min read

Sri Lanka tourism revenues up 22-pct in March 2023

Tourism arrivals continue to pick up

April 7, 2023 1 min read
Sri Lanka to import 70,000 tonnes of rice to address shortage: Minister

Sri Lanka produced a bumper crop of rice this year, but there is no rice in the market

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
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

Sri Lanka's RIGID Tyre starts building factory

Rigid Tyre Corporation (Pvt) Ltd, a unit of Sri Lanka's Ceylon Steel Group, started construction of a $75 million (Rs11....

January 6, 2017 1 min read

Sri Lanka tea prices up sharply at first auction

ECONOMYNEXT – Prices of Sri Lankan teas grown on the western slopes of the central hills rose sharply at the year...

January 5, 2017 1 min read

Sri Lanka to set up science, technology and innovation coordinating authority

ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers has approved the setting up of a science, technology and in...

January 4, 2017 1 min read

Sri Lanka approves new rules for tourist businesses

ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers has approved new rules for tourist businesses as part of me...

January 4, 2017 1 min read

Sri Lanka gets 2.05 million tourists in 2016

Sri Lanka has welcomed 2.05 million tourists in 2016, up 14 percent from a year earlier, but lower than an expected 2.2 ...

January 3, 2017 1 min read

Sri Lanka starts building Volkswagen assembly plant

Sri Lanka's Prime Minister Ranil Wickremesinghe laid the foundation stone for a plant to assemble Volkswagen vehicles.

January 3, 2017 1 min read

India, Sri Lanka to intensify patrols to prevent poaching

ECONOMYNEXT – India and Sri Lanka agreed to intensify cooperation on patrolling to prevent poaching by Indian fis...

January 2, 2017 2 min read

Sri Lanka's Bank of Ceylon sells out of Mireka Capital Land

Sri Lanka's Overseas Realty (Ceylon) Plc, said it had bought a 40percent stake in a property unit from state-run Bank of...

December 31, 2016 1 min read

Sri Lanka's rice crop in 2017 Yala season could also be hit

With Sri Lanka's ongoing main Maha cultivation season already badly hit by drought, the Yala minor cultivation season co...

December 30, 2016 3 min read

Sri Lanka’s Hayleys plans 55-storey twin towers at Deans Road

ECONOMYNEXT – Hayleys said it plans a property development project at its head office premises in the Sri Lankan ...

December 27, 2016 1 min read