An Echelon Media Company
Monday November 9th, 2026
Business

Asia could face increased food-cost pressures amidst prolonged US-Iran war: Fitch

The Gulf region produces much of the world’s fertiliser as natural gas is an important feedstock.

April 24, 2026 4 min read

Resources Development Consultants gets Rs356mn railway feasibility study contract

Tender for consultancy services for feasibility study and preparation of plans for extension of Kelani Valley line

April 22, 2026 1 min read

Don Bosco Institute contributes to Sri Lanka's economy with higher skill levels

Most DBI graduates have secured jobs before graduation ceremony

April 19, 2026 3 min read

Sri Lanka March tourism revenue plummets 37 pct as ME escalation bites

The revenue is down 15 percent in the first quarter

April 18, 2026 2 min read
Sri Lanka tourist arrivals drop 1.7-pct in July

India continued to be the top source with 44,547 visitors, making up 23 percent of total arrivals.

City of Dreams Sri Lanka marks anniversary with culinary events

Strengthened Sri Lanka’s appeal among regional and international travellers, particularly from India.

Sri Lanka Port City tower with clock to 'rival Big Ben' gets tax holiday

The company will get exemptions for import duty, value added tax and excise tax for project related investments.

July 21, 2025 2 min read

Sri Lanka Port City ICC unit gets 25-year tax holiday for Rs13.8bn residential towers

To built two high end residential towers and luxury villas

July 21, 2025 2 min read

Sri Lanka gives 25-year tax holiday to Port City CHEC real estate unit

IFC Colombo 1 will invest 142.71 million dollars

July 21, 2025 2 min read

Sri Lanka African Swine Fever epidemic waning after claiming 67,000 pigs

Some banks hesitate to give credit because fears of a resurgence of the disease

July 20, 2025 2 min read

Sri Lanka tea traders ask govt to act against low-quality producers

Sri Lanka's premium tea brand is facing a risk due to lower quality production

July 19, 2025 2 min read

Sri Lanka coconut auction prices rise 9.4-pct

The number of nuts offered and sold declined

July 19, 2025 1 min read

Blackstone-backed Ventive exploring resort development in Sri Lanka

Ventive Hospitality’s portfolio includes 11 operational hotel in India and the Maldives

July 17, 2025 1 min read

Sri Lanka Altair acquisition by Blackstone advised by TWC

The property has unsold inventory

July 17, 2025 1 min read

Sri Lanka auction prices rise 0.76-pct

Coconuts offered rose to 856,780 nuts from 676,657 the previous week.

July 14, 2025 1 min read

Sri Lanka, Australia sign MoU to boost specialty coffee

Sri Lanka’s coffee industry is making a comeback, with increasing production and demand, MDF said.

July 14, 2025 5 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 to call proposals to develop colonial era 'rest houses'

UDA will take-over and call proposals to develop 44 rest houses

July 14, 2025 1 min read

Visiting ex-South African President launches ambitious library project in Sri Lanka

President Mbeki was on a 4-day visit to Sri Lanka

July 12, 2025 1 min read

Sri Lanka's 2025 Yala minor paddy harvest to top 2.0mn MT on early rain

Heading for one of the biggest harvests in recent years

July 11, 2025 1 min read

Sri Lanka can attract Indian firms looking to expand abroad: ITC chief

Indian companies have, particularly coming to Sri Lanka because there are a lot of cultural bonds, historical ties

July 6, 2025 2 min read

Sri Lanka’s tourism revenue up 12.1-pct in June 2025; surpasses $1.7 bln in Jan-June

Sri Lanka has aimed $5 billion revenue, 3 million arrival targets this year.

July 5, 2025 2 min read

Sri Lanka average coconut prices slide to 7-month low

The number of nuts offered rose to 676,657

Nisheni Atapattu
July 4, 2025 1 min read

Sri Lanka cabinet approves SLEC, CECB for consultancy in Chinese housing deal

China has donated construction of 1996 housing units for low income families

July 2, 2025 2 min read

Sri Lanka launches Rs525mn toilet upgrade in tourist hotspots

20 toilets at tourist areas such as Nine arch bridge, Ella, Mt Lavinia railway station, and Jaffna Kurikadduwan Jetty

July 2, 2025 1 min read

EU-backed initiative fuels energy efficiency in Sri Lanka’s industrial sector

To make many energy intensive industries energy efficient and decarbonize themselves

July 2, 2025 3 min read

India's Mazagon to buy into Sri Lanka's Colombo Dockyard with cash injection

Mazagaon was also ready to buy any rights, not taken up by other shareholders

July 2, 2025 1 min read