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Monday November 9th, 2026
Business

Sri Lanka event managers explore India-led wedding tourism for more dollars

Sri Lanka aims for $2.8 billion revenue from tourism this year.

February 13, 2023 3 min read

Sri Lanka's Ceylon Tea prices fall for the third week

Total offered quantity was down to 4.5 million kilograms from 5 million kilograms a week ago.

February 12, 2023 2 min read

Sri Lanka Coconut auction prices fall 2.5-pct

The highest price was 83,800 rupees and the lowest was 68,000 for 1,000 nuts

February 12, 2023 1 min read

Sri Lanka President launches assembled Hyundai car amid economic crisis

The introduction of this vehicle takes place at a time when Sri Lanka's economy collapsed

February 11, 2023 2 min read
Sri Lanka state radio raises Rs1.5bn in land sales, to be used for restructuring, VRS

SLBC land in Ekala transferred to Electricity Board for Rs325mn and Urban Development Authority for Rs1,286mn

Sri Lanka trade and banking groups team up to strengthen private sector financing

"A key outcome aimed for through the MoU is to enable greater access for financing for Sri Lanka’s private sector

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
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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
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Oman Rial 861.6397 859.3320
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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
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Source: Central Bank/Indicative

Sri Lanka Access Engineering March net almost stagnant

ECONOMYNEXT – Sri Lanka’s Access Engineering group’s March 2016 quarter net profit went up 1.5% to ...

May 31, 2016 1 min read

Sri Lanka's Ceylon Cold Stores in US$20mn expansion

ECONOMYNEXT - Ceylon Cold Stores Plc, a unit of Sri Lanka's John Keells Holdings, which owns the Elephant House ice cre...

May 30, 2016 1 min read

Lanka Tiles March quarter net down 42-pct

ECONOMYNEXT – Sri Lankan floor tile maker Lanka Tiles said March 2016 quarter net profit fell 42% to 177 million ...

May 30, 2016 1 min read

Sri Lanka's Kelani Valley expands to cinnamon as tea loses shine

ECONOMYNEXT - Kelani Valley Plantations, a unit of Sri Lanka's Hayleys group said it is expanding into cinnamon cultivat...

May 27, 2016 2 min read

Indonesia’s PrimeCo takes 40-pct stake in Sri Lankan packaging firm

ECONOMYNEXT – PrimeCo Group, an Indonesian commodity trader and property developer has taken a 40% stake in Sri L...

May 27, 2016 1 min read

Sri Lanka's Cinnamon Lakeside woos travellers from China, India

ECONOMYNEXT - Cinnamon Lakeside Hotel, a 5-star graded city hotel owned by Sri Lanka's John Keells Holdings group said i...

May 27, 2016 2 min read

Sri Lanka's Dipped Products buys full control of Italian marketing unit

ECONOMYNEXT – Sri Lankan rubber gloves manufacturer Dipped Products said it has bought full control of ICOGUANTI ...

May 25, 2016 1 min read

Sri Lanka Grand Hyatt opens for 2017 winter season

ECONOMYNEXT – Grand Hyatt Colombo, owned by Sri Lanka’s biggest insurance and pension funds, is set to ope...

May 23, 2016 2 min read

Sri Lanka Alumex March quarter net up 61-pct

ECONOMYNEXT – Alumex PLC said March 2016 quarter net profit rose 61 percent to Rs210 million from a year ago, wit...

May 20, 2016 1 min read

Sri Lanka floods disrupt Industrial Asphalts production

ECONOMYNEXT – Flood waters have disrupted work at Industrial Asphalts (Ceylon), a Sri Lankan firm making bitumino...

May 20, 2016 1 min read