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Monday November 9th, 2026
Business

Sri Lanka start-up takes handlooms to premium neckwear market

Global neckwear market estimated at US$5.7bn

April 2, 2023 1 min read

Sri Lanka High and Medium Grown tea prices fall at weekly auction

The weekly sale average fell to 1271.28 rupees from 1282.01 rupees a week ago,

April 2, 2023 2 min read

Sri Lanka coconut auction prices down 6-pct

The highest price was 85,000 rupees for 1,000 nuts down from the previous week’s 92,500 rupees

April 2, 2023 1 min read

Sri Lanka apparel association slams attack on foreign executive, calls for swift action

A security officer as well as the Omani national had been injured.

April 2, 2023 1 min read
Sri Lankan students in America increases by 10-pct: US Embassy

This year, the US welcomed an all-time high of 1.12 million international students from more than 210 countries

Sri Lanka coconut auction prices down for third week

Coconut prices dropped for the third consecutive week after reaching a record high of 105,000.00 on October 24.

Sri Lanka’s Fortress Resorts to build Rs2.1bn 5-star beach hotel

ECONOMYNEXT – The Fortress Resorts, a hotel that’s part of the group of businesses controlled by Sri Lanka...

December 27, 2016 1 min read

Libya regains taste for Sri Lankan tea

ECONOMYNEXT – Tea exports to Libya were up 21% in the 11 months to November this year from last year with Libyan ...

December 23, 2016 1 min read

Market for Sri Lanka tea seen buoyant in 2017

A global tea production shortfall and recovery in key export destinations should keep the market for Sri Lankan orthodox...

December 23, 2016 3 min read

Sri Lanka November tea crop up 8.4-pct

ECONOMYNEXT – Sri Lanka’s tea production rose 8.4% in November 2016 from a year ago, led by a recovery in ...

December 22, 2016 1 min read

China to build LNG power plant, oil refinery and dockyard in Hambantota

China plans to build a liquid natural gas fired power plant an oil refinery and a dockyard involving 4.0 billion US doll...

December 22, 2016 1 min read

Sri Lanka farmers given Rs7.0bn fertilizer handout for season

Sri Lanka paddy farmers are being given 7 billion rupees as a fertilizer subsidy during the current cultivation season, ...

December 21, 2016 1 min read

Sri Lanka rice crop to shrivel in record drought

Sri Lanka is heading for a sharp drop in rice production in the main cultivation season with only a third of the area so...

December 17, 2016 6 min read

Sri Lanka November tea exports slump 22-pct

ECONOMYNEXT – Sri Lanka’s tea exports in November 2016 fell 22% to 20.4 million kilos from a year ago, the...

December 16, 2016 1 min read

Sri Lanka plans global tea party to mark 150 years of planting

ECONOMYNEXT – Sri Lanka plans a ‘Global Ceylon Tea Party’, hosted by its diplomatic missions across ...

December 10, 2016 3 min read

No forced Sri Lanka plantations land restrictions: Navin

ECONOMYNEXT – Sri Lanka’s Minister of Plantation Industries Navin Dissanayake said the government will not...

December 8, 2016 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
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Turnover Rs 1457.79 million 1193.67 million
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6-m bill 7.91 8.26
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8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
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Source: Central Bank/Indicative

Sri Lanka plantations minister fights to retain control over tea fund

ECONOMYNEXT – Sri Lanka’s Minister of Plantation Industries Navin Dissanayake said he was fighting with th...

December 8, 2016 2 min read

Reclaimed land blocks at Sri Lanka's Port City to be ready by early 2019

The first blocks of land reclaimed from the sea in a Chinese backed project near Sri Lanka's Colombo port will be availa...

December 7, 2016 1 min read

Sri Lanka tourist arrivals up 16-pct in November

Sri Lanka's tourist arrivals rose 16 percent from a year earlier to 167,217 in November 2016, with India, China and West...

December 6, 2016 1 min read

Sri Lanka hotels hike rates despite lower occupancy: consultancy

Sri Lanka's hotels had pushed up room rates most among Asian nations so far in 2016 despite days with occupancy above 80...

December 6, 2016 2 min read

Sri Lanka, Maldives priority markets for hotel expansion: JKH

ECONOMYNEXT – John Keells Holdings sees its home base Sri Lanka and the Maldives as priority markets for hotel ex...

Rohan Gunasekera
December 1, 2016 2 min read

Sri Lanka's Kelsey Homes launches high end gated community

Sri Lanka's Kelsey Homes, a property developer said it is launching an up market gate community project in Negombo, whic...

November 30, 2016 1 min read

Sri Lanka to upgrade water supply, roads in proposed ‘Megapolis’

ECONOMYNEXT – Sri Lanka’s government has approved several projects to ensure adequate supplies of drinking...

November 30, 2016 2 min read

Carlson Rezidor firms up two Radisson hotels in Sri Lanka, plans more

US-based Carlson Rezidor Hotel Group has firmed up deals to manage two hotels in Sri Lanka, reaching nearly 400 rooms an...

November 30, 2016 1 min read

Sri Lanka tourism destination marketing seen inadequate

ECONOMYNEXT – Sri Lanka’s tourism industry needs to market the destination more aggressively given slowing...

November 29, 2016 3 min read

Sri Lanka and Singapore's Surbana to start city planning JV

Sri Lanka and Singapore's Surbana will set up a joint venture city planning firm that will offer its services to the cou...

November 28, 2016 1 min read