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Monday November 9th, 2026
Fiscal

S&P confirms Sri Lanka 'SD' sovereign rating, rupee debt outlook negative

Ratings could be lowered further if rupee debt is re-structured

April 26, 2023 11 min read

Sri Lanka to negotiate with Paris Club and China separately: President

China is expecting to work separately

April 26, 2023 1 min read

Sri Lanka EPF members will not be harmed in debt restructure: President

I would like to say that will not allow any harm to come to the beneficiaries

April 26, 2023 2 min read

Sri Lanka in talks for US$350mnn IMF deal linked ADB loan

The loan is to provide economic stability

April 25, 2023 1 min read

Sri Lanka to start Police University

Sri Lanka will start a Police University which will teach forensics and modern policing methods, Finance Minister Mangal...

November 9, 2017 1 min read

Sri Lanka to tax online travel agencies

Sri Lanka will charge a one percent tax on online travel agencies on the commission they charge from customers in Sri La...

November 9, 2017 1 min read

Sri Lanka lift foreign investor curbs on land-owning listed firms, apartments

Sri Lanka will lift foreign investor curbs on listed companies owning land, Finance Minister Mangala Samaraweera said.

November 9, 2017 1 min read

Sri Lanka to abolish para tariffs in 1200 items, help for industry

Sri Lanka will abolish para tariffs in 1200 items but will help domestic industry to reach international markets, Financ...

November 9, 2017 1 min read

Sri Lanka to give subsidies to buy deep sea fishing vessels

Sri Lanka will give a 50 percent subsidy to fishermen buying multi-day boats Finance Minister Mangala Samaraweera said.

November 9, 2017 1 min read

Sri Lanka to tax plastic goods

Sri Lanka will charge an excise tax of 10 rupees a kilo on plastic goods and allow tax free import of machinery to produ...

November 9, 2017 1 min read

Sri Lanka to cut taxes on electric vehicles, small cars

Sri Lanka will cut taxes on electric cars by one million rupees and also cut taxes on buses, Finance Minister Mangala Sa...

November 9, 2017 1 min read

Sri Lanka to present 'fishing rod' budget: Finance Minister

Sri Lanka is presenting a budget which will give long term opportunities to invest and generate income targeted at young...

November 9, 2017 2 min read

Sri Lanka mulls binding fiscal rules to keep runaway budgets in check

Sri Lanka's central bank has suggested binding fiscal rules to keep state finances on a planned path, going beyond a cur...

November 9, 2017 2 min read

Sri Lanka slashes food import taxes ahead of budget

ECONOMYNEXT – Sri Lanka will sharply reduce import taxes on several food products from midnight Wednesday, the da...

November 8, 2017 2 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 makes case for 'equitizing' state firms

Sri Lanka has raised the possibility of Vietnam style 'equitization' of state enterprises with Deputy Economic Policy Mi...

November 3, 2017 2 min read

Sri Lanka loses concessional financing from World Bank

Sri Lanka has graduated from concessionary International Development Association window loans in July, World Bank Senio...

November 2, 2017 1 min read

Sri Lanka renews toddy tapping licensing to improve excise duty collection

ECONOMYNEXT – Sri Lanka has renewed a requirement for licensing for toddy tapping from coconut and palmyrah trees...

By Namal Suvendra
October 31, 2017 1 min read

Sri Lanka President suspends legal transport of cattle after illegal incident

Sri Lanka's President Maithripala Sirisena has halted the legal transport of cattle, usually for slaughter, after a dead...

October 28, 2017 1 min read

Misleading Sri Lanka budget estimates lead to broken promises

ECONOMYNEXT – Budgets prepared by successive Sri Lankan governments based on inaccurate revenue estimates lead to...

October 27, 2017 2 min read

Small car prices in Sri Lanka cut further fearing tax reductions

Small car specialist AMW slashed prices of popular Suzuki Celerio and Alto models by up to 369,000 rupees Thursday hot o...

Our Political Correspondent
October 27, 2017 2 min read

Sri Lanka govt concealing status of most 2017 budget proposals

ECONOMYNEXT – The status of just over half of the promises made by Sri Lanka’s government in its 2017 budg...

October 24, 2017 2 min read

Sri Lanka tax revenues up 19-pct up to July 2017

Sri Lanka's tax revenues rose 19 percent to 950.2 billion rupees in the seven months to July 2017, while the overall bud...

October 24, 2017 1 min read

Philippines VP warns of China debt trap after Sri Lanka experience

Vice President Leni Robredo had warned Philippines from taking billions of dollars in loans from China as the country ma...

October 22, 2017 2 min read

Sri Lanka to set up liability management fund for debt

Sri Lanka will set up a liability management fund to cope with a spike in debt maturities in 2018 and 2019 and make borr...

October 20, 2017 2 min read