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Monday November 9th, 2026
Business

Sri Lanka Railways plans to recruit 8,000 workers

The multi-task force was allocated 9.8 billion rupees in the 2023 budget.

January 15, 2023 2 min read

Sri Lanka coconut auction prices ease after 7 weeks

Average coconut prices went up 20.5 percent in the year to December 2022, lower than other food commodities.

January 15, 2023 1 min read

Sri Lanka's Ceylon Tea gain amid low volumes

All districts record decline in crop intake

January 15, 2023 3 min read

Sri Lanka to import hatching eggs after parent flock collapses in 'supreme idiocy'

The Ministry of Agriculture says the parent bird flock and dropped to 40,000

January 11, 2023 2 min read
Sri Lanka UDA land in Kollupitiya to be leased to Global Leasing

Land at Perahera Mawatha, Kollupitiya, Colombo 3 will be provided on a 99-year lease basis

Sri Lanka's Planters' Association marks 170 years

Known for Pure Ceylon Tea, also includes other key crops such as rubber, coconut, spices, and palm oil

Sri Lanka’s second biggest city to get new sewerage plant

ECONOMYNEXT – Construction work begins on February 19 on a Japanese-funded waste water treatment facility for Sri...

February 17, 2016 2 min read

Sri Lanka JKH hotels to reduce costs by outsourcing

ECONOMYNEXT – Sri Lanka’s John Keells Holdings, one of the biggest hotel operators in the island, aims to ...

Rohan Gunasekera
February 17, 2016 2 min read

Sri Lanka Megapolis plan downsizes China Port City

ECONOMYNEXT - A structure plan to expand Sri Lanka's capital into a 'Megapolis' of nine million people by 2040 has propo...

February 17, 2016 2 min read

Sri Lanka hotels association defends minimum room rate policy

ECONOMYNEXT – Sri Lanka’s hotels association believes a minimum room rate policy for star-class Colombo ci...

February 11, 2016 3 min read

Sri Lanka hotel minimum room rates unhealthy

ECONOMYNEXT – Sri Lanka’s minimum room rate policy for star-class Colombo city hotels was an unhealthy pra...

February 11, 2016 3 min read

India’s Oberoi hotels group keen to return to Sri Lanka

ECONOMYNEXT - India’s Oberoi hotels group wants to return to Sri Lanka and is interested in partnering with owner...

February 11, 2016 2 min read

Sri Lanka's Distilleries group net up 11-pct

ECONOMYNEXT - Profits at Distilleries Company of Sri Lanka, which has interests in alcohol, plantations, insurance and t...

February 9, 2016 2 min read

Sri Lanka Access Engineering Dec quarter net flat

ECONOMYNEXT – Sri Lanka’s Access Engineering said December 2015 quarter net profit rose 2.6 percent to 545...

February 9, 2016 1 min read

Lanka Tiles December quarter net up 173-pct

ECONOMYNEXT – Sri Lankan floor tile maker Lanka Tiles said December 2015 quarter net profit shot up 173 percent t...

February 9, 2016 1 min read

Sri Lanka’s Lighthouse Hotel December net up 44-pct

ECONOMYNEXT – Sri Lanka’s Lighthouse Hotel, part of the Jetwing Hotels group, said net profit rose 44 perc...

February 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
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’s John Keells Hotels December net down 13-pct

ECONOMYNEXT – Sri Lanka’s John Keells Hotels said net profit fell 13 percent to 365 million rupees in the ...

February 8, 2016 1 min read

China catching up on India as Sri Lanka's biggest tourism market

ECONOMYNEXT – Tourist arrivals in Sri Lanka rose 24.3 percent to 194,280 in January 2016 from a year ago with Ind...

February 8, 2016 1 min read

Unilever Sri Lanka factory gutted; 'will strive' keep customers supplied

ECONOMYNEXT - Unilever Sri Lanka said it will "strive to maintain supplies" after its main factory in Sri Lanka was gutt...

February 6, 2016 1 min read

Sri Lanka Dipped Products makes Rs79mn loss in December quarter

ECONOMYNEXT - Sri Lankan rubber gloves manufacturer Dipped Products slipped into the December 2015 quarter, reporting a ...

February 3, 2016 1 min read

Textured Jersey Lanka December net up 79-pct

ECONOMYNEXT – Fabric maker Textured Jersey Lanka said net profit rose 79 percent to 672 million rupees in the Dec...

February 3, 2016 1 min read

Rising costs, slow sales hinder Sri Lanka Haycarb profit growth

ECONOMYNEXT – Sri Lanka’s Haycarb said net profit rose 10 percent to 170 million rupees in the December 20...

February 3, 2016 2 min read

Losses narrow at Sri Lanka Tea Smallholder Factories

ECONOMYNEXT - Tea Smallholder Factories, which makes black tea from leaves bought from Sri Lankan small farmers, remaine...

February 2, 2016 2 min read

US importers of Sri Lanka OTR tyres fight 'dumping' claim

ECONOMYNEXT - Importers of off-the-road tyres from Sri Lanka, India and China are fighting a 'dumping' claim by a US tyr...

February 2, 2016 1 min read

Sri Lanka's Piramal Glass net up; Norges Bank among top shareholders

ECONOMYNEXT – Sri Lankan glass bottle manufacturer Piramal Glass said net profit shot up 172 percent to 166 milli...

February 1, 2016 2 min read

Sri Lanka small farmer tea production falls sharply

ECONOMYNEXT – Tea small holders in southern Sri Lanka have been among the worst affected by the prolonged slump i...

Rohan Gunasekera
January 31, 2016 1 min read
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