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Monday November 9th, 2026
Business

Sri Lanka to set up committee to solve construction industry problems

Bank interest, import controls, customs duties and payment of government arrears

February 16, 2023 1 min read

Sri Lanka targets 1.55 million tourists in 2023 led by India

About 260,000 Indian visitors are expected in 2023

February 15, 2023 2 min read

Sri Lanka plans to give TSP fertilizer below market price through gazette

Reduced TSP usage may have led to yellowing of paddy plants

February 15, 2023 1 min read

Sri Lanka state to purchase paddy to keep farm-gate prices up

Rs 100 for rice with moisture content below 14-pct and 88 rupees for paddy with 22-pct moisture

February 14, 2023 2 min read
Sri Lanka trade body meets ADB for talks on growth, reform process and policy

"The Chamber looks forward to leading the private sector engagement with the ADB,"

Sri Lanka to provide diesel, kerosene subsidies for fisheries ahead of polls

25 rupees per litre of diesel upto a 300,000 litres a month, and 25 rupees per litre of kerosene upto 15 litres a day

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
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
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Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
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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
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Source: Central Bank/Indicative

Chinese visitors to Sri Lanka up 32-pct in May

ECONOMYNEXT – China remains Sri Lanka’s fastest growing tourism market with the number of visitors up 31.5...

June 8, 2016 1 min read

Sri Lanka’s LakSathosa monthly loss down to Rs68Mn

ECONOMYNEXT – Monthly losses at Sri Lanka's state-run Lak Sathosa retail chain have been reduced to Rs68 million ...

June 7, 2016 1 min read

Iluka to start test drilling at Sri Lanka ilmenite deposit

ECONOMYNEXT - Australian mineral sands miner Iluka Resources Ltd. has said it is preparing to drill for mineral samples ...

June 7, 2016 1 min read

Sri Lanka tea crops reduced by floods, landslides

ECONOMYNEXT – Although volumes at Colombo’s tea auction have been high so far, heavy rains that caused flo...

June 3, 2016 1 min read

Sri Lanka Royal Ceramics March net profit down 6.3-pct

ECONOMYNEXT – Sri Lankan tiles manufacturer Royal Ceramics said March 2016 net group profit fell 6.3% to 799 mill...

June 3, 2016 1 min read

Sri Lanka to gradually ban house maids abroad amid abuses, social cost

COLOMBO (Reuters) - Sri Lanka will gradually stop sending house maids abroad, mainly to the Middle East, due to rights a...

June 2, 2016 2 min read

LafargeHolcim to exit $150 mn a year cement business in Sri Lanka

ECONOMYNEXT - Switzerland-based LafargeHolcim, a materials group, is exiting Sri Lanka's cement business where it operat...

June 2, 2016 1 min read

Sri Lanka’s Access Engineering buys stake in property firm for Rs800 mn

ECONOMYNEXT – Sri Lankan construction group Access Engineering said it had bought a 50% stake in Blue Star Constr...

June 1, 2016 1 min read

Sri Lanka's Tokyo Cement net up 24-pct in March

ECONOMYNEXT - Profits at Tokyo Cement Plc, which operates grinding plants in Sri Lanka, grew 24 percent to Rs691 million...

June 1, 2016 1 min read

CEAT Sri Lanka to raise radial tyre capacity by 75-pct

ECONOMYNEXT - CEAT Sri Lanka has announced it will invest Rs 800 million over the next 12 months to increase radial tyre...

May 31, 2016 2 min read