An Echelon Media Company
Monday November 9th, 2026
Business

Sri Lanka NDB Bank profits up in Dec-2022 quarter

Triggered by the highest-ever increase in regulator policy rates within a 12 months' window

February 23, 2023 2 min read

Sri Lanka's Dialog Axiata AAA (lka) rating confirmed

Firm plans to boost international business, cut forex debt

February 22, 2023 7 min read

Sri Lanka to crush illegally imported vehicle parts to be sold as scrap metal

Most illegal spare parts that need a license are imported by mixing them with legal spare parts

February 21, 2023 2 min read

Street food stalls in Kimbulawala Sri Lanka will not be removed, claims govt

There are 33 street food stalls in operation at Kimbulawala, according to traders.

February 21, 2023 2 min read
Sri Lanka boosting tourist security amid Middle East war, police hotline 1997

A police hotline will operated from Wednesday on the 1997 short code which tourists can call

US warns citizens off Sri Lanka's Arugam Bay citing possible attack

The Embassy received credible information warning of an attack targeting tourist locations in the Arugam Bay area

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
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

Cement demand in Sri Lanka up with household sector: manufacturer

Cement sales went up in 2015 with strong demand from Sri Lanka's private and household sector with state projects slacke...

July 14, 2016 2 min read

Sri Lanka instant, RTD tea exports on upward trend: research report

ECONOMYNEXT – Exports of ‘instant tea’ and ‘Ready to Drink (RTD) tea’ from Sri Lanka ar...

July 13, 2016 1 min read

US$259mn apartment investments in Sri Lanka in June

ECONOMYNEXT – Sri Lanka’s Board of Investment has signed 11 agreements to set up new apartment complexes w...

July 11, 2016 5 min read

Sri Lanka tea prices seen rising on lower crops

ECONOMYNEXT – Sri Lankan tea prices are expected to continue their recovery in the months ahead as quality improv...

July 8, 2016 1 min read

Sri Lanka 2016 tourist arrivals to exceed 2.2mn target: Minister

Sri Lanka could get as much as 2.5 million tourist arrivals in 2016, higher than the official target of 2.2 million, Tou...

July 8, 2016 2 min read

Sri Lanka raises rice productivity with Korean technology

ECONOMYNEXT - South Korea’s rice cultivation technology introduced into Sri Lanka has helped raise productivity a...

July 7, 2016 2 min read

M&S clothing sales slump, says too early to quantify Brexit impact

British retailer Marks & Spencer on Thursday reported a worse than expected fall in quarterly underlying sales in its cl...

July 7, 2016 1 min read

New warehouse doubles capacity for Sri Lanka’s Asia Siyaka

Sri Lankan broker Asia Siyaka Commodities PLC said the commissioning of a new warehouse will double storage capacity and...

July 7, 2016 2 min read

Sri Lanka tourist arrivals barely grow in June

Sri Lanka's tourist arrivals grew just 2.2 percent to 118,038 in June 2016 from a year earlier, with slow growth from We...

July 5, 2016 2 min read

Uniqlo suspends most Bangladesh travel as attack rattles garment industry

TOKYO, July 4 (Reuters) - Japan's Fast Retailing Co , owner of the Uniqlo casual-wear brand, will suspend all but critic...

July 4, 2016 2 min read