An Echelon Media Company
Monday November 9th, 2026
Business

Sri Lanka tea production likely to pick up in second quarter

Bushes recovering from lack of nutrition for over a year and a half

February 21, 2023 2 min read

Sri Lanka's Dipped Product seeks new markets as Western demand drops

Also burdened with higher income tax and rising utility prices

February 20, 2023 3 min read

Sri Lanka’s high grown Ceylon Teas gain

While Medium Growns fell at the auction on February 14

February 19, 2023 2 min read

Sri Lanka Coconut auction prices jump 9.8-pct

The auction offered only 339,874 coconuts and 298,128 nuts were sold

February 19, 2023 1 min read
Sri Lanka's rough rice forecast hiked to 2.02mn tonnes for 2024 Yala season

After milling, about 1.24 million metric tonnes of rice would be available for consumption

India doubles grant to upgrade Sri Lanka plantation sector schools: former minister

India has formally doubled their grant support for upgrading 9 schools in the plantation sector - a total of Rs600mn

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
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

Sri Lanka's latest status symbol, a baby elephant

Expensive and high-maintenance, baby elephants have become the ultimate status symbol for Sri Lanka's wealthy elite -- a...

Amal Jayasinghe
July 1, 2016 4 min read

Sri Lanka to boost high value agriculture, develop value chain

Sri Lanka's will boost high value fruits and vegetables, train farmers in modern agricultural practices to promote expor...

June 30, 2016 1 min read

Carlsberg to keep Sri Lanka's Lion supplied after floods

ECONOMYNEXT - Sri Lanka's Ceylon Beverage Holdings Plc said its partner Carlsberg will brew and supply is brand with the...

June 27, 2016 2 min read

Sri Lanka tea exports in May 2016 down 23-pct

Sri Lanka’s tea export volumes in May 2016 fell by almost a quarter from a year ago with the unit value of export...

June 25, 2016 2 min read

Sri Lankan plantations offer hybrid attendance-output wage model

ECONOMYNEXT – Sri Lanka’s Regional Plantation Companies (RPCs) have announced they have offered labour uni...

June 24, 2016 5 min read

Sri Lanka May 2016 tea crop down 06-pct

ECONOMYNEXT – Sri Lanka’s tea production in May 2016 fell almost six percent to 30.6 million kilos from a ...

June 23, 2016 1 min read

Sri Lanka to cancel architects’ consultancy in defence HQ deal

ECONOMYNEXT – Sri Lanka’s government has decided to cancel a consultancy given to an architects’ fi...

June 22, 2016 2 min read

Sri Lanka tea trade says poor quality depressing prices

ECONOMYNEXT – Sri Lankan tea traders have called on producers to focus more on improving quality, saying poor qua...

Rohan Gunasekera
June 20, 2016 2 min read

Sri Lanka's Zesta premium tea at Shangri-La hotels

Sri Lanka's Watawala Tea Ceylon, a unit of listed Sunshine Holdings Plc, has struck a deal to supply its 'Zesta Connoiss...

June 18, 2016 2 min read

Sri Lanka's British-era prison transformed into commercial city: Prime Minister

Sri Lanka's main prison in the capital Colombo dating back to the British colonial era will be shifted releasing around ...

June 18, 2016 1 min read