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Monday November 9th, 2026
Business

Sri Lanka's IQ Global launches digital readiness index

IQ Global website is available online for companies.

March 5, 2023 1 min read

Sri Lanka coconut auction prices down 0.7-pct

The auction offered 711,308 coconuts and 579,801 nuts were sold.

March 5, 2023 1 min read

Sri Lanka hoteliers hopeful of better tourism season ahead as arrivals rise 

Tourism arrivals, revenue hit less than the targets in 2022

March 4, 2023 2 min read

Sri Lanka President opens electric vehicle assembly plant

Will produce tractors, three and two wheelers

March 3, 2023 1 min read
Sri Lanka given diesel saving fishing boat tech, advanced cooling to cut fish loss: FAO

Technology strengthens resilience of fishing operations, ensuring higher-quality products reach market, reducing waste

Sri Lanka in talks to end Israel linked travel advisories, full security to tourists: Minister

We have taken action, if required we will do more in the future

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
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

ADB loans US$128mn for water in Sri Lankan capital

ECONOMYNEXT – The Asian Development Bank (ADB) is giving Sri Lanka another loan of $128 million to fund safe wate...

August 11, 2016 2 min read

Land diversification at Sri Lanka's privatized plantations stuck at state 'Golden Shareholder'

ECONOMYNEXT - A so-called 'Golden Shareholder' in for the state is blocking sub-leasing of privatized plantations, makin...

August 9, 2016 3 min read

Piramal Glass Sri Lanka unit in Rs3bn expansion

Piramal Glass Ceylon said June 2016 quarter net profit fell 25% to Rs110 million from a year ago as it built inventory a...

August 9, 2016 1 min read

Sri Lanka Tokyo Cement in deal with Japan’s Ube Industries

ECONOMYNEXT – Sri Lankan cement manufacturer Tokyo Cement Group said it has struck a deal with Japan’s Ube...

August 8, 2016 1 min read

Sewage threatens Sri Lanka's golden beaches

Tourists have flocked back to Sri Lanka's palm-fringed beaches since a bloody civil war ended in 2009, but environmental...

Amal JAYASINGHE
August 8, 2016 4 min read

Gold slump slows demand for activated carbon at Sri Lanka's Haycarb

Sri Lanka's Haycarb Plc, which also has factories in Thailand and Indonesia, said the group operated below-capacity amid...

August 6, 2016 1 min read

Sri Lanka tourist arrivals up 19.1-pct in July 2016

Sri Lanka's tourist arrivals grew 19.1 percent from a year earlier in July 2016 to 209,351 recovering from a slow 2.2 pe...

August 5, 2016 2 min read

Three-wheeler, Maruti offers fail to lure workers to Sri Lanka's construction industry

Offers of three-wheelers and Maruti cars for long service failed to draw workers to Sri Lanka's construction industry, w...

August 5, 2016 2 min read

Sri Lanka tea estate seeks 'Golden Shareholder' nod for dairy move

Sri Lanka's Watawala Plantations Plc said it is awaiting approval from the government to sub-lease land for a diary vent...

August 5, 2016 1 min read

Sri Lanka to seek geographical indication (GI) for Ceylon Pineapples

Sri Lanka is seeking geographical indication (GI) for pineapples to certify the country of origin, head of the state exp...

August 3, 2016 1 min read