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Monday November 9th, 2026
Business

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

The weekly sale average increased from 1428.59 rupees to 1451.35 rupees from a week ago, according to data.

February 26, 2023 2 min read

Sri Lanka coconut prices rise 5.29-pct

This is the highest average price reached so far in 2023.

February 26, 2023 1 min read

Sri Lanka January Ceylon tea production down 16.1-pct

Sri Lanka tea production for January 2023 was 19.14 million kilograms down from 22.8 million kilograms a year ago.

February 26, 2023 2 min read

Sri Lanka seeks development agency backing for CEB reforms

"A reforms office will be opened at the Ministry of Power & Energy to see through the transformation."

February 24, 2023 2 min read
Sri Lanka chamber to host economic summit

The summit will explore "the right policies to be implemented in achieving an export-led investment model,

Israel asks citizens to leave Sri Lanka coastal towns, hide nationality

Arugam Bay and coastal areas threat level raised to 4, rest of Sri Lanka 3

Airbnb grows 172-pct in Sri Lanka to 8,000 properties

Airbnb, an online vacation rental booking engine said it had seen a 172 percent growth in listing in Sri Lanka to 8,000 ...

August 2, 2016 2 min read

Thayalan Bartlett appointed MullenLowe Sri Lanka chief

Thayalan Bartlett has been named the new chief executive for MullenLow Sri Lanka, (formerly Lowe LDB (Pvt.) Ltd), an adv...

August 1, 2016 1 min read

Sri Lanka to abolish floor rates for hotels from next March

Sri Lanka will abolish floor rates for city hotels from March 2017, following requests from the industry, which has pric...

July 29, 2016 2 min read

Sri Lanka emergency ambulance paramedic service with 1990 toll free number

Sri Lanka has formally launched an emergency service with paramedics on call by dialling 1990, with technical assistance...

July 29, 2016 2 min read

US market helps Sri Lankan fabric maker weather EU downturn

Sri Lankan fabric manufacturer Textured Jersey Lanka (TJL) has said its well diversified business with big clients in th...

July 28, 2016 2 min read

Sri Lanka June tea output down 14.3 pct on heavy rain

COLOMBO, July 27 (Reuters) - Sri Lanka's tea output in June fell 14.3 percent from a year earlier because of heavy rain ...

July 27, 2016 1 min read

John Keells to start Rs3.7bn hotel in Sri Lanka's Nuwara Eliya

Sri Lanka's John Keells group is expecting to start construction of a 3.7 billion rupee hotel in Nuwara Eliya in the isl...

July 27, 2016 1 min read

Sri Lanka state bank credit to pay plantations interim wages

State-run Bank of Ceylon and People's Bank will advance cash to pay an interim salary hike to workers in privatized plan...

July 26, 2016 1 min read

Bank of Tokyo-Mitsubishi to bankroll Siam City Cement Sri Lanka aquisition

Siam City Cement Pcl (SCCC) , Thailand's second-largest cement maker, said on Monday it has signed a deal to buy a Sri L...

July 25, 2016 2 min read

Siam City Cement buys Sri Lanka's LafargeHolcim unit

Thailand's Siam City Cement Public Company Ltd has bought Holcim Lanka, Sri Lanka's sole integrated cement manufacturer ...

July 25, 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
Source: Central Bank/Indicative
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Turnover Rs 1457.79 million 1193.67 million
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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's Bairaha poultry group profits drop 18-pct

Profits at Sri Lanka's Bairaha Farms group fell 18 percent to 118.8 million rupees in the June 2016 quarter from a year ...

July 22, 2016 1 min read

Sri Lanka 2016 Yala rice crop be 6-pct below 3-year average: forecast

Sri Lanka's rice production during the current Yala minor cropping season is expected to be 1.51 million metric tonnes, ...

July 21, 2016 2 min read

Sri Lanka’s Tokyo Cement woos global investors in US

ECONOMYNEXT - A team of senior executives from Sri Lanka’s Tokyo Cement group are in the US this week meeting wi...

July 20, 2016 2 min read

Sri Lanka’s Hayleys buys Maldive island resort for US$23mn

ECONOMYNEXT – Sri Lanka’s Hayleys group said it had bought an island resort in the Maldives for US$23 mill...

July 18, 2016 1 min read

Sri Lanka gets GCF funds to help small farmers adapt to climate change

ECONOMYNEXT – The Green Climate Fund (GCF), the main international funding body for climate action, has US$38.1 m...

July 18, 2016 2 min read

Ailing JEDB seeks better price for contested prime land in Sri Lanka's capital

ECONOMYNEXT - Sri Lanka's Janatha Estate Development Board (JEDB), an ailing state farming company, is trying to sell a ...

July 16, 2016 2 min read

Thai agro-industrial conglomerate Charoen Pokphand enters Sri Lanka

Charoen Pokphand group, a Thailand based conglomerate with a global reach, has bought an 80 percent stake in Norfolk Foo...

July 15, 2016 2 min read

Sri Lanka export crops at risk of climate change

ECONOMYNEXT - Many areas of Sri Lanka will experience future changes in temperature, rainfall, evaporation and sea level...

July 15, 2016 2 min read

Sri Lanka tea prices rise at Colombo auction

ECONOMYNEXT – Sri Lankan tea prices rose at this week’s Colombo auction with some types grown on plantatio...

July 14, 2016 2 min read

Sri Lanka's Kandy get Rs3.0bn Heritage Valley housing development

Walkers CML Properties (Private) Ltd, a unit MTD Walkers Plc group has launched a 3.0 billion rupee housing project in S...

July 14, 2016 1 min read