An Echelon Media Company
Monday November 9th, 2026
Business

Sri Lanka sees India-led MICE tourism boom amid recovery 

Sri Lanka has seen a recovery in tourist arrivals after last year's political and economic crisis

February 10, 2023 2 min read

Sri Lanka's Bank of Ceylon upgraded to CC from RD

The upgrade comes from BOC's improved foreign-currency liquidity position since June 2022

February 9, 2023 3 min read

Sri Lanka's Teejay Lanka Rs365mn in the red as Fed tightens

The Group observed capacity underutilization in all three plants due to the softness in the market

February 9, 2023 2 min read

Sri Lanka ETF law to be changed for private worker health insurance

ETF fund needs to be amended

February 9, 2023 1 min read
Global business travel set to surpass pre-pandemic levels to USD 1.5 tn: WTTC

"Business travel is not only back on track, but it is recovering much faster than expected."

Sri Lanka’s tourism revenue grows 18.9-pct in September

Sri Lanka has set ambitious targets of 2.3 mln tourists, $5 bln revenue this year.

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
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 Kingsbury hotel March profit down on tax charge

ECONOMYNEXT – A sharp increase in income tax payment reduced March 2016 quarter net profit of The Kingsbury hotel...

May 20, 2016 1 min read

Sri Lanka beer factory flooded

ECONOMYNEXT – Floods caused by heavy rain in Sri Lanka in the past several days have halted production at Lion Br...

May 19, 2016 1 min read

Rains disrupt Sri Lanka tea production, transport

ECONOMYNEXT – Heavy rains that have triggered earthslips and floods in Sri Lanka have disrupted tea production an...

May 19, 2016 1 min read

Sri Lanka's Haycarb net down 15-pct in March

ECONOMYNEXT - Sri Lanka-based Haycarb Plc, an activated carbon maker that also has operations in East Asia said profits ...

May 19, 2016 1 min read

Sri Lanka slashes tax on raw rubber exports

ECONOMYNEXT – The Sri Lankan government will slash a cess on raw rubber exports to Rs4 a kilo from Rs15 to help c...

May 18, 2016 1 min read

Sri Lanka's Dipped Product profits flat in March

ECONOMYNEXT - Sri Lanka's Dipped Products Products Plc, which has operations in non-medical gloves and rubber farms, sai...

May 18, 2016 1 min read

Sri Lanka specialist judges Quality Circles in India

ECONOMYNEXT - Sunil Wijesinha, a top Sri Lanka expert in Japanese management techniques, says their use is increasing i...

May 18, 2016 1 min read

Sri Lanka Textured Jersey net up 62-pct in March

ECONOMYNEXT - Profits at Textured Jersey Plc, a Sri Lanka-based fabric group, rose 62 percent to Rs824 million in the Ma...

May 18, 2016 1 min read

Demand for forensic accounting on the rise in Sri Lanka

ECONOMYNEXT – The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) said it had launched a certifica...

May 17, 2016 2 min read

Sri Lanka Taj unit in the red on forex losses

ECONOMYNEXT - Taj Lanka Hotels Plc, a unit of India's Taj Hotels and Resorts reported losses of 28 million rupees in the...

May 17, 2016 1 min read