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Monday November 9th, 2026
Business

Sri Lanka mulls allowing piled up rice stock use for animal feed

Using rice for chicken feed was banned by the Consumer Affairs Authority

February 19, 2023 2 min read

Sri Lanka bakers hold bread prices after power hike on demand fall

The current prices are too high and if we increase it more it will result in further downfall of the business

February 17, 2023 3 min read

Sri Lanka tea exports down 9.4-pct in January 2023

Export earnings were US$99.56mn in January 2023 up from US$91.93mn last year amid a rise in global commodity prices

February 17, 2023 2 min read

Sri Lanka PUCSL chief says will go to court against tariff hike

"However I know one thing, and that is the CEB is unable to manage whatever the income they get."

February 16, 2023 2 min read
Sri Lanka coconut auction prices rise 7.79-pct

Average coconut prices were up from 93,865.10 to 101,177.51 for 1,000 nuts at an auction

Sri Lanka new govt instructs officials to expedite key educational projects

Sri Lanka has been in the process to implement new educational reforms

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
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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
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 Lankan company R&D tax breaks go a-begging

ECONOMYNEXT – Sri Lankan companies have been given generous tax breaks to encourage research and development but ...

June 17, 2016 1 min read

Sri Lanka to sign formal deal for port city in August: Prime Minister

ECONOMYNEXT - Sri Lanka will sign a formal agreement with China Harbhour Engineering Company for a 1.4 billion sea recla...

June 17, 2016 1 min read

Land acquisition, partnerships in Sri Lanka ‘Megapolis’ project

ECONOMYNEXT – A project to turn Sri Lanka’s capital and suburbs into a ‘megapolis’ will requi...

June 16, 2016 2 min read

Sri Lanka draws $230mn apartment investments in April-May

ECONOMYNEXT – Sri Lanka’s Board of Investment said it had signed nine deals worth $230 million with invest...

June 16, 2016 3 min read

Marangoni to set up Sri Lanka tire plant for export

ECONOMYNEXT – Marangoni, an Italy-based tyre manufacturer, is to set up a radial and industrial tire manufacturin...

Rohan Gunasekera
June 16, 2016 1 min read

Sri Lanka hotel group calls for visitor quotas at wildlife parks

ECONOMYNEXT – Sri Lanka’s Aitken Spence Hotel Holdings has called for better government regulations and en...

June 14, 2016 1 min read

Quality focus cuts tea losses at Sri Lanka Watawala Plantations

ECONOMYNEXT – Sri Lanka’s Watawala Plantations said a shift to focusing on quality helped it reduces losse...

Rohan Gunasekera
June 10, 2016 2 min read

LafargeHolcim's Sri Lankan operations eyed by Indian firms

ECONOMYNEXT – Indian cement manufacturers like Dalmia Bharat, Shree Cements and Ramco based in the south are repo...

June 10, 2016 1 min read

Higher margins for Sri Lanka’s Royal Ceramics larger tiles

ECONOMYNEXT – Sri Lanka’s Royal Ceramics group aims to expand production of larger format tiles, which has...

June 10, 2016 1 min read

Sri Lankan govt to buy 42,000MT of fertilizer

ECONOMYNEXT – Sri Lanka’s two state-owned fertilizer companies are to buy 42,000 metric tonnes of urea to ...

June 8, 2016 1 min read