An Echelon Media Company
Monday November 9th, 2026
Business

Sri Lanka tea output falls to 26-year low in 2022 interventionist state

Smallholders earned around 250 rupees a kilo for green leaf

January 24, 2023 1 min read

Sri Lanka High and Medium Grown tea prices fall in Jan third-week auction

This week 5.1 million kilograms were offered at the auction made up of 2.2 million kilograms of Low Growns.

January 22, 2023 3 min read

Sri Lanka's 2022 tea exports drop to 25-year low on fertilizer shortage

However, the top agriculture export commodity fetched the highest rupee revenue in history

January 20, 2023 1 min read

Sri Lanka's tourism promotion in China face delay amid demand planning

Sri Lanka targets around 220,000 Chinese tourists in 2023

January 20, 2023 2 min read
UNDP Sri Lanka, Ministry of Crab restaurant in mangrove restoration project

Mangroves are home to Sri Lanka’s iconic mud crabs.

Sri Lanka President opens SKD vehicle assembly plant

The plant has a capacity to assemble 50,000 vehicles a year

India’s Apurva Natvar Parikh group in US50mn Sri Lanka high rise

ECONOMYNEXT – Iconic Developments Ltd., part of India’s Apurva Natvar Parikh property group, said it will ...

March 15, 2016 1 min read

Sri Lanka Finlays loses Syrian tea market

ECONMYNEXT – Finlays Colombo, a Sri Lankan tea exporters that is part of Britain’s Swire group, has comple...

March 14, 2016 2 min read

More women studying to be accountants in Sri Lanka

ECONOMYNEXT – Women now outnumber men among students of the Institute of Chartered Accountants of Sri Lanka (CA S...

March 11, 2016 2 min read

Sri Lanka’s Aitken Spence Hotel invests Rs1.7bn in Ahungalla unit

ECONOMYNEXT – Aitken Spence Hotel Holdings, one of Sri Lanka’s biggest hotel groups, said it will invest a...

March 11, 2016 1 min read

Australia launches ‘Blue Economy Challenge’ in Sri Lanka

ECONOMYNEXT - The Australian High Commission has launched the Blue Economy Challenge in Sri Lanka, part of an Indian Oce...

March 9, 2016 1 min read

India’s Exim Bank gives $403mn loan for Sri Lanka water projects

ECONOMYNEXT – The Export-Import Bank of India (Exim Bank) will lend 403.01 million US dollars to Sri Lanka�...

March 9, 2016 1 min read

Sri Lanka February tea prices at two-year low

ECONOMYNEXT – Prices at Sri Lanka’s tea auction in Colombo in February remained below the levels two years...

March 8, 2016 1 min read

Sri Lankan hotels lure back migrant staff, mull foreign workers

ECONOMYNEXT – Sri Lankan hotels are luring back staff who went to work abroad after local training and are consid...

March 7, 2016 3 min read

Chinese tourists overtake Indians visiting Sri Lanka

ECONOMYNEXT – The number of Chinese tourists coming to Sri Lanka in February 2016 outnumbered those from India, t...

Rohan Gunasekera
March 4, 2016 1 min read

Malaysia to ease visa hassle for Sri Lankan tourists

ECONOMYNEXT – Malaysia’s tourism authority has promised to make it easier for Sri Lankans to visit their c...

March 4, 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

TUI sends top team to assess Sri Lanka travel prospects

ECONOMYNEXT – Tour operator TUI AG is sending a team headed by its chief executive to assess Sri Lanka as a desti...

March 2, 2016 2 min read

Starwood Hotels eyeing more properties in Sri Lanka

ECONOMYNEXT – Starwood Hotels & Resorts Worldwide, Inc. is considering having more properties in Sri Lanka, inclu...

March 1, 2016 2 min read

Nestlé to expand Sri Lanka milk procurement network

ECONOMYNEXT – Nestlé’s Sri Lanka unit said the company plans to expand its milk procurement network in ...

March 1, 2016 2 min read

Sri Lanka's Ceylon Chamber of Commerce Dhara Wijayatilake as CEO

ECONOMYNEXT - Sri Lanka's Ceylon Chamber of Commerce said it has appointed Dhara Wijayatilake, as Chief Executive who he...

February 29, 2016 2 min read

Sri Lanka January tea export earnings slump to six-year low

ECONOMYNEXT – Sri Lanka’s tea exports in January 2016 fell to their lowest level in US dollar terms in six...

February 28, 2016 1 min read

Singapore's Keppel Land exits Sri Lanka venture

ECONMYNEXT - Singapore-based Keppel Land Plc said it had exited a joint venture with Sri Lanka Ceylon Theatres group for...

February 26, 2016 1 min read

Sri Lanka beer drinkers to switch to arrack after tax hike: Fitch

ECONOMYNEXT - Arrack drinkers who were switching to beer until last year would now move back into the hard alcohol after...

February 25, 2016 4 min read

New Zealand to help Sri Lanka dairy sector, see opportunities in tourism, aviation

ECONOMYNEXT - New Zealand is helping Sri Lanka develop its dairy industry with training and technology and saw opportuni...

February 24, 2016 1 min read

CIC Dairies, Milco in two-year deal to buy milk from Sri Lankan farmers

ECONOMYNEXT - CIC Dairies and Milk Industries of Lanka (Pvt.) Ltd. (Milco) have signed a deal with Sri Lankan farmers to...

February 23, 2016 2 min read

Cosmopolitan to debut in Sri Lanka today

ECONOMYNEXT - Cosmopolitan, a magazine for young women encouraging them to live their lives to the fullest, will be laun...

February 19, 2016 2 min read