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Monday November 9th, 2026
Economic Crisis

20 Sri Lankans rescued from Myanmar cybercriminal operations

These Sri Lankans traveled to Myanmar seeking foreign employment using tourist visas, and were lured into cybercriminal

August 15, 2024 1 min read

Sri Lanka debt restructuring ending date not definite, but economy recovering: Semasinghe

Lazard had been paid 6.9 million dollars, Clifford Chance had been paid 4.6 million dollars

August 8, 2024 2 min read

Sri Lanka, IMF talks focused on 'areas that need additional attention': State minister

Discussion focused on identifying areas that need additional attention to ensure the successful completion of 3rd review

August 2, 2024 1 min read

Sri Lanka SRU responds to SLT, Hilton sale allegations

State-Owned Enterprises Restructuring Unit has responded to statements about sale of Hotel Developers Lanka and SLT.

July 26, 2024 5 min read
Sri Lanka's Aswesuma needs updated beneficiary data system: World Bank

"The data must be verified and analyzed to correctly identify those eligible for relevant benefits."

Sri Lanka team attends WB/IMF meetings

Sri Lanka meets officials at 2025 World Bank Group/ International Monetary Fund annual meeting

Sri Lanka Chamber urges IMF to proceed, China to give full debt assurances

The Ceylon Chamber would like to urge the IMF to consider the assurances received thus far

February 12, 2023 3 min read

Amid protests, Sri Lanka relaxes taxes partially on non-cash benefits

Tax exemptions come after a series of street protests

February 8, 2023 2 min read

Sri Lanka's rising political risks amid uncertain polls, IMF deal drag 

Sri Lanka sees new political risks since its sovereign debt default

Shihar Aneez
February 7, 2023 6 min read
2

Sri Lanka’s Litro Gas hikes cooking gas price by 7.5-pct

Litro Gas is raising fuel through a price formula every month to prevent losses and borrowings

February 5, 2023 1 min read

US wants to see credible, specific assurances from China for Sri Lanka's IMF deal 

The top US State Dept official said what China has offered so far is not enough.

February 2, 2023 2 min read

Sri Lanka port trade unions protest against tax hike; vow to agitate until taxes reduced   

Sri Lanka's state trade unions likely start trade union actions if government fails to reduce taxes

Melkishiya Andrew
January 31, 2023 2 min read
1

Sri Lanka eyes Saudi investments for energy, real estate, Port City - Foreign Minister 

Sri Lanka's relationship with Saudi was hit by forced cremation under former president Gotabaya Rajapaksa

January 24, 2023 2 min read
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Amid international pressure, Sri Lanka considers transparency on spending tax money

Finance Ministry will be told to compile reports on how the public tax money was spent

January 24, 2023 2 min read
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Sri Lanka's state sector salary struggle likely to ease by April - cabinet spokesman 

Finance Ministry is struggling to pay whopping state sector salary bills for January

January 24, 2023 2 min read

Sri Lanka to transfer 1-pct of 2023 current spending of all ministries to health

The Health Minister said he needs an additional 10 billion rupees to purchase medicine in 2023

January 17, 2023 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 president to provide free rice for poor amid rising discontent

Sri Lanka sees new anti-government protest amid high cost of living, taxes

January 16, 2023 2 min read
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Despite strict measures, Sri Lanka's illegal migration continues as crisis takes toll

Sri Lanka saw number of boat people increasing over 11 folder last year

Chanka Jayasinghe
January 16, 2023 2 min read

Sri Lanka talks with China Exim Bank positive: Minister

Delay in Sri Lanka's debt restructuring has dragged the IMF approval for a $2.9 billion loan

January 13, 2023 2 min read
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Sri Lanka businesses see tax hike pressure, lower sales - analysts 

Businesses in Sri Lanka are preparing for a tax shock from this month

Melkishiya Andrew
January 9, 2023 3 min read

Sri Lanka boat people detentions soar over 10-fold in 2022

Australia the top destination

January 9, 2023 1 min read

Sri Lanka's LG polls may derail President's reform agenda, delay IMF loan - analysts

Polls may increase crisis-hit Sri Lanka's uncertainty amid debt restructuring, IMF loan delay

Shihar Aneez
January 9, 2023 4 min read

After gloomy 2022, Sri Lanka CB eyes stability in growth, interest rate

Sri Lanka's economy estimated to be contracted 8 pct in 2022, the worst since country's independence

January 4, 2023 3 min read

IMF chief paints gloomy picture on global economy over China's slowdown

IMF chief says working hard with Sri Lanka, other debt-ridden nations

January 2, 2023 2 min read

Sri Lanka will not hire state workers despite retirements amid IMF deal

Sri Lanka has over 1.4 million state workers for 22 million population.

Neshella Perera
December 31, 2022 2 min read

Crisis-hit Sri Lanka's govt expects not to rely on money printing in 2023 

Sri Lanka's inflation hit record high of 73% in September after money printing-led currency collapse

Neshella Perera
December 31, 2022 2 min read