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Monday November 9th, 2026
Business

Sri Lanka coconut exporters see silver line after US rights body criticizes Thailand's monkey labour

Sri Lanka still uses human labour to pluck coconut

March 14, 2023 2 min read

Sri Lanka coconut auction prices down 2.6-pct

The auction offered 876,948 coconuts and 658,494 nuts were sold.

March 13, 2023 1 min read

Sri Lanka rupee appreciation drives Ceylon Tea prices down

Prices of all High, Medium and Low Growns saw a fall during the auction.

March 12, 2023 3 min read

Sri Lanka power regulator chief sues colleagues, state-run CEB against tariff hike

The CEB move has mainly burdened lower unit consuming users, the official CEB data showed.

March 10, 2023 2 min read
Sri Lanka’s October tourist arrivals up despite US-led travel advisories

US-led travel advisories over possible attack raised concerns over possible cancellations of arrivals

Sri Lanka plantation firms ink wage deal with unions

ECONOMYNEXT – Sri Lanka’s Regional Plantation Companies (RPCs) have signed a new collective agreement with...

October 18, 2016 6 min read

In parched Sri Lanka, biggest shortage is of water policy - experts

In this village in southern Sri Lanka's Hambantota District, water sales are big business.

October 18, 2016 4 min read

Sri Lankan tea prices up sharply at auction

ECONOMYNEXT – Sri Lankan tea prices moved up sharply at this week’s Colombo auctions, with high grown vari...

October 13, 2016 1 min read

Oil price recovery seen reviving demand for Sri Lanka tea

ECONOMYNEXT – The recovery in crude oil prices after big producers agreed to cut production should augur well for...

October 11, 2016 2 min read

Sri Lanka eyes $3.5 bln post-war tourism boom

Sri Lanka aims to make a record $3.5 billion from tourism this year on the back of its improved rights record under a ne...

October 11, 2016 2 min read

Drought drives Sri Lanka monthly tea auction average price to new high

ECONOMYNEXT – The monthly average price at Sri Lanka’s tea auctions in Colombo hit a new high in September...

October 6, 2016 2 min read

Sri Lanka's Elephant House to bottle fizzy drinks in the UK

Sri Lanka's Elephant House plans to sell its fizzy drinks in the UK and European countries through a bottling deal struc...

October 6, 2016 1 min read

Si Lanka's Sanken to start building 500-apartment twin tower

Capitol Development Limited, a unit of Sri Lanka's Sanken construction group, said it had completed the purchase of land...

October 6, 2016 1 min read

Sri Lanka September tourist arrivals up 3.6-pct

ECONOMYNEXT – The growth in the number of tourists visiting Sri Lanka slowed to single digits in September after ...

October 4, 2016 1 min read

Vista Rooms extends to Maldives after Sri Lanka move

ECONOMYNEXT - Vista Rooms, the online startup budget hotel brand based in India, said it has extended its stays to the M...

October 4, 2016 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

Dredger arrives in Sri Lanka to start port city reclamation

A dredger has arrived in Sri Lanka to start reclaiming 269 hectares of sea off the capital Colombo.

September 30, 2016 1 min read

Sri Lanka glove maker Dipped Products in the red

Sri Lanka's Dipped Products Plc, a rubber glove maker which also owns tea and rubber plantations lost 48.75 million rupe...

September 30, 2016 1 min read

Sri Lanka construction sector boom seen reviving

ECONOMYNEXT – Sri Lanka’s construction industry is expected to do well in the next few years given increas...

September 29, 2016 2 min read

Sri Lanka heading for ‘significant’ tea production shortfall

ECONOMYNEXT – Sri Lanka is heading for a ‘significant’ shortfall in tea production this year with th...

September 29, 2016 1 min read

Sri Lanka state land to encourage fruit exports

ECONOMYNEXT – The Si Lankan government plans to give fruit and vegetable exporters access to land owned by state ...

September 28, 2016 1 min read

Sri Lanka’s JKH launches 2nd luxury apartment block

ECONOMYNEXT – Sri Lanka’s John Keells Holdings group said it plans to build a second high-rise luxury apar...

September 27, 2016 2 min read

Booming tourism, local demand seen threat to Sri Lanka fruit exports

ECONOMYNEXT - The boom in tourism and local consumption is posing a threat to Sri Lanka fruits and vegetable export indu...

September 26, 2016 2 min read

Expolanka travel unit, Funtime target corporate entertainment market

ECONOMYNEXT – Classic Travel, a unit of Sri Lanka’s Expolanka Holdings group, has teamed up with show busi...

September 20, 2016 1 min read

China state firm to build Maldives resort with Sri Lanka firm

Palm Garden Hotels, a unit of Sri Lanka-based LOLC Group said it was in talks to form a joint venture with a Chinese sta...

September 20, 2016 1 min read

Sri Lanka to relax glyphosate weedicide ban: report

A ban on glyphosate, a widely used weedicide, imposed on the belief that it may contribute to chronic kidney disease wil...

September 19, 2016 2 min read