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Saturday October 23rd, 2021
Business

Sri Lanka telecom regulator to strengthen its position as property developer

4 acres to be given for offices, foods stalls and car park

3 min read

Sri Lanka teachers promise more protests on World Teachers' Day if salary crisis not resolved

The cabinet has announced a decision to declare both teachers and principal's services as closed services.

3 min read

Top China tour operator to direct one million tourists to Sri Lanka: Ambassador

China is one of Sri Lanka’s top three tourist source markets.

3 min read

Sri Lanka in in discussion with India, China to acquire nitrogen extract: agriculture minister

Farmers in Sri Lanka are banned from using chemical fertilizer and insecticides, amid import controls.

3 min read

Sri Lanka probing viral video of tourist who claims he turned back due to lockdown

"I don't know why the tourist did not opt to use those facilities but made this viral video. It is mind boggling."

Cabinet nod for bill extending Sri Lanka's private sector retirement age to 60

The cabinet has approved the proposal by Labour Minister Nimal Siripala de Silva to present the draft bill in p'ment.

Sri Lanka to declare protesting teachers, principals “closed service” to end long strike

The closed service move comes in line a the recommendation by a four-member cabinet subcommittee.

Chanka Jayasinghe

3 min read

Sri Lanka to give 66 acres of state land for export aloe vera products

Says will invest US$783mn

1 min read

Sri Lanka to give digital nomad visas up to 270 days, US$500 fine for overstaying

Tourists could apply for a 30 to 90 day visa and also an extensions up to 180 days and 270 days.

1 min read

Sri Lanka’s Kelani Tyres profits up 114-pct amid import controls

Tyre volumes double

1 min read

Sri Lanka farmers expect crop drop from fertilizer ban, want time for organic move :study

About 28 percent of farmers who had reduced fertilizer use this season said the crop had fallen by 40 percent

2 min read

Sri Lanka fertilizer ban too sudden, fraught with uncertainty, farmers unprepared

A noble cause that needs to be strategised and implemented step by step

Mahadiya Hamza

5 min read

Sri Lanka allocates 3.8 bn for organic fertilizer purchase, set to import nutrients 

President Gotabaya Rajapaksa’s government has completely banned the use of chemical fertilizers.

2 min read

Sri Lanka allocates 3.8 bln rupees for organic fertilizer

The government also will be importing some components of essential nutrients to go with organic fertilizers.

1 min read

Sri Lanka to give 3-month digital nomad visas for US$85

SAARC citizens to get visas for US$70

1 min read

Sri Lanka apparel firms build care centres, 50-pct of workers vaccinated with two doses

Apparel sector had helped build 11 Covid-10 care centres where 4,500 beds are available for workers

2 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 201.0455 200.5117
UK Pound 277.3121 277.2676
Euro 233.7456 233.8869
Aus Dollar 150.2614 151.2660
Yen 1.7625 1.7543
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6854 2.6801
Korea Won 0.1705 0.1707
Oman Rial 522.2097 520.8231
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Source: Central Bank/Indicative
pts %
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CSE All Share 9,881.50 1.78%
Turnover Rs million. 2,191,558,044.10 4,268,523
Source: CSE
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3-m bill 7.19 6.64
6-m bill 7.31 6.80
12-m bill 7.46 6.96
5-yr bond 10.52 9.48
8-yr bond 11.37 9.97
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
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I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka bakery owners to increase price of baked goods to reflect rising costs

Bakers in Sri Lanka have been complaining of a price hike in ingredients that go into baked goods.

Chanka Jayasinghe

1 min read

Sri Lanka Telecom to add seven free education channels to PEO TV: cabinet office

The cabinet statement said these educational programmes may be extended up to 20.

Mahadiya Hamza

2 min read

Chinese Sinopharm jabbed Sri Lankans face visa uncertainty

Others offered choice of vaccines

2 min read

Sri Lanka’s new cabinet spox admits teachers’ salary below kottu maker, non-academic staff

As I once told the media, a kottu maker at a hotel must be getting more money than a teacher.”

2 min read

Sri Lanka tourist sector links with Germany to boost post-Covid positive impacts

Mitigating negative impacts on the natural, historic, cultural or social environment

4 min read

Sri Lanka Navy introduces dragon boat racing, other water sports to Jaffna

Dragon boat racing as a sport traces its origins to southern China some 2,000 years ago.

Mahadiya Hamza

2 min read

Sri Lanka online firewood sale on fire as price controls create LPG shortage

People are buying this plus clay stoves as a backup or ‘just in case' fears

2 min read

Sri Lanka apparel exporters boost supply chain transparency, lifts ethical branding

The industry association has revamped its website and logo recently

2 min read

Sri Lanka's Softlogic Stock Brokers get [SL]BBB rating from ICRA

The firm had a risk-weighted capital adequacy ratio of 310 percent as of March-21

6 min read

Sri Lanka PCR tests as low as Rs5000 in competition

Price controls have already disrupted gas and milk supply

2 min read

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