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Monday November 9th, 2026
Business

Sri Lanka plans tourism app for information, security

The app is likely to launched in March, 2023.

March 6, 2023 2 min read

Sri Lanka to expand cancer hospital after funds improve

There is a delay in some projects due to foreign exchange shortages, he said.

March 5, 2023 2 min read

Sri Lankan and Indian pilgrims join annual Kachchatheevu feast

They joined about 3000 Sri Lankan pilgrims who travel to the island every year.

March 5, 2023 1 min read

Sri Lanka’s Ceylon tea prices up amid low volumes

Prices of all High, Medium and Low Growns saw an increase during the auction.

March 5, 2023 2 min read

IFC offers Sri Lankan firms ‘development oriented’ project loans

ECONOMYNEXT – The International Finance Corporation (IFC) has said it is ready to give loans to Sri Lankan privat...

September 1, 2016 2 min read

Sri Lanka cement plant asked to cut dust emissions at Galle Port

A cement grinding plant at Galle, in Southern Sri Lanka, has been asked to cut emissions by a nearby port or shift opera...

August 30, 2016 1 min read

Sri Lankan tea industry opposes govt seizing cess fund

ECONOMYNEXT – Sri Lanka’s tea industry has opposed a reported government attempt to take over a cess fund ...

August 29, 2016 4 min read

Sri Lanka weedicide ban raises costs, reduces crops of loss-making plantations

ECONOMYNEXT – Sri Lanka’s Regional Plantation Companies have said an ‘illogical’ and ‘a...

August 26, 2016 2 min read

Sri Lanka advised not to ignore mid-range hotel development

ECONOMYNEXT – Although a lot of investments are going into building up-market hotels to attract high spenders, Sr...

Rohan Gunasekera
August 25, 2016 2 min read

Sri Lanka July 2016 tea exports down 10-pct

ECONOMYNEXT – Sri Lankan tea exports fell 10% or by three million kilos to 25.7 million kilos in July 2016 from a...

August 25, 2016 1 min read

Sri Lankan red tape still deterring investments, tourism forum told

Approvals for new projects in Sri Lanka are still too slow with red tape and official lethargy deterring investments, al...

Rohan Gunasekera
August 25, 2016 2 min read

Sri Lanka call bids from Japanese firms to build Kandy expressway segment

Sri Lanka will call bids from Japanese firms for a 32 kilometre stretch of an expressway that will run from Colombo to t...

August 24, 2016 1 min read

Sri Lanka hotel boom seen hitting room rates

ECONOMYNEXT – Sri Lanka’s hotel construction boom, especially in the capital Colombo, could put pressure o...

Rohan Gunasekera
August 24, 2016 2 min read

Sri Lanka plantations say unable to continue to justify large losses to shareholders

ECONOMYNEXT – Sri Lankan plantation companies said they cannot justify large loses to shareholders and remain in ...

August 23, 2016 2 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
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Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
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Turnover Rs 1457.79 million 1193.67 million
Source: CSE
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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
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Source: Central Bank/Indicative

Sri Lanka Browns Beach in Rs1.4bn rights issue as new hotel building costs rise

ECONOMYNEXT – Sri Lanka’s Browns Beach Hotels said it plans to raise Rs1.4 billion rupees through a rights...

August 23, 2016 1 min read

Sri Lanka’s Agalawatte Plantations loss widens in June 2016 quarter

ECONOMYNEXT – Loses at Sri Lanka’s Agalawatte Plantations Plc widened in the June 2016 quarter, with the t...

August 23, 2016 1 min read

Sri Lanka cracks down on sub-standard water bottling

ECONOMYNEXT - Sri Lanka's Ministry of Industry and Commerce said it would introduce standards for bottled water from nex...

August 22, 2016 1 min read

Sri Lanka tyre plant by Ceylon Steel, Marangoni to sell old machines: report

Marangoni, an Italy-based tyre maker, will not build a new factory in Sri Lanka as claimed in some reports, but is plann...

August 22, 2016 2 min read

Broken canal pump revealed in Sri Lanka’s Industrial Asphalts flooding

ECONOMYNEXT – Industrial Asphalts (Ceylon) said its premises near the Sri Lankan capital Colombo was submerged as...

August 19, 2016 2 min read

Sri Lanka tea crops remain low despite global recovery

ECONOMYNEXT – Sri Lanka’s tea production remains low, with most plantation companies continuing to suffer ...

August 18, 2016 1 min read

Sri Lanka tourism receipts rise to Rs50bn in half year

Sri Lanka's estimated tourism receipts rose 19 percent from a year earlier to Rs50 billion in the first six month of 201...

August 17, 2016 1 min read

Sri Lanka should divest remaining plantations in 3,000 acre parcels: economist

Sri Lanka should divest the remaining plantations of those expropriated from the people in 3,000 acre parcels for commer...

August 16, 2016 3 min read

Sri Lanka's Dankotuwa Porcelain boosts India sales

Dankotuwa Porcelain, a Sri Lanka based tableware maker said it boosted sales to India 19 percent in 2016, and is facing ...

August 14, 2016 1 min read

Sri Lanka inks new deal to formalize US$13bn China sea reclamation

Sri Lanka and a Chinese company that is reclaiming sea near the main in the capital has inked a new agreement several mo...

August 12, 2016 1 min read