An Echelon Media Company
Monday November 9th, 2026
Fiscal

Sri Lanka seeks divestment advisors, in talks with IFC for SriLankan

Firms are free to express interest with respect to one or more of the above mentioned enterprises

March 29, 2023 3 min read

Sri Lanka to seek competitive bids for state asset sales

No unsolicited bids will be accepted

March 28, 2023 2 min read

Sri Lanka unions to strike if president doesn't meet for talks on interim solution for tax woes

"A meeting was promised with the president to discuss the interim solution proposed by the government."

March 27, 2023 2 min read

Sri Lanka seeks to settle India ACU debt, credit lines over 5-years

Still in the early stages of negotiation

March 26, 2023 1 min read
Sri Lanka to pay Rs6,000 to state pensioners in October after EC opposition

Elections Commission had opposed the move as polls were declared for September 21

No decision yet on reducing Sri Lanka arrack price

Though there has been requests by various parties to reduce the price of arrack no decision has been taken yet

Sri Lanka lottery SOE boss sacked

Sri Lanka's Minister of Finance, Mangala Samaraweera has sacked Romesh Jayawardene, Chairman of Development Lotteries bo...

September 5, 2017 1 min read

Sri Lanka not to tax bonds retrospectively: Eran

Sri Lanka's tax free listed bonds issued in the past are likely to be treated the same way until they are redeemed, acco...

August 29, 2017 2 min read

Sri Lanka EPF contributions to be taxed at the same way

Eran Salaries of workers paying Employees Provident Fund will continue to be taxed with no change, Deputy State Minister...

August 25, 2017 2 min read

Sri Lanka to get US$5bn from ADB up to 2022

Manila based Asian Development Bank has unveiled a financing plan that will provide up to 5.0 billion US dollars to Sri ...

August 25, 2017 2 min read

Sri Lanka budget deficit may expand on drought spending

Sri Lanka's budget deficit may slightly overshoot the budget deficit target of 4.6 percent of gross domestic product wit...

August 25, 2017 1 min read

No change in Sri Lanka stock market taxes: Eran

No changes were planned for taxes on stock market trading in revamped income tax law being presented to parliament tomor...

August 24, 2017 1 min read

Sri Lanka wraps up US$1000mn syndicated loan

Sri Lanka has wrapped up a syndicated loan of one billion dollars which will give more flexibility in managing domestic ...

August 24, 2017 1 min read

Sri Lanka to spend Rs53bn extra for roads, bridge

Sri Lanka has sought parliamentary approval to spend 53 billion rupees more (about 0.4 percent of gross domestic product...

August 23, 2017 2 min read

Sri Lanka's ex-President urges SLFP to vote against income tax law

Sri Lanka's ex-President Mahinda Rajapaksa has urged members of the Sri Lanka Freedom Party to vote against an upcoming ...

August 22, 2017 7 min read

Sri Lanka's EPF to get property stock for bus SOE arrears

State-run Sri Lanka Transport Board will transfer unutilised land to a property firm that will issue stock to the Employ...

August 21, 2017 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 cuts taxes on small trucks and motorcycles, data

Sri Lanka will cut excise taxes on small trucks by 300,000 rupees and motorcycles by between 50,000 and 90,000 as part o...

August 17, 2017 1 min read

Sri Lanka could get debt shock from SOE borrowings: IMF report

Sri Lanka's state debt could move into a 'shock scenario' rising to 10 percent to 94 percent of gross domestic product i...

August 13, 2017 3 min read

Mano Tittawella appointed senior advisor to Sri Lanka finance ministry

Mano Tittawella, a veteran financial professional who has private and public sector experience has been appointed senior...

August 10, 2017 1 min read

Sri Lanka revenue bill amendments on track: State Minister

Sri Lanka is amending a proposed income tax law to comply with a ruling by the Supreme Court, which said several clauses...

August 9, 2017 1 min read

Sri Lanka tax revenues up 23-pct to May 2017, current deficit down

Sri Lanka's tax revenues rose 23 percent to 697.8 billion rupees in the five months to May 2017, and current spending ro...

August 8, 2017 2 min read

Sri Lanka Supreme Court delivers blow to income tax law

Sri Lanka's Supreme Court has determined that several provisions of a new income tax law is inconsistent with the consti...

August 4, 2017 1 min read

Sri Lanka to divest Hyatt building

Sri Lanka is to sell a 100 percent stake in Canwill Holdings (Pvt) Ltd, a state company which owns Colombo's Grand Hyatt...

August 3, 2017 2 min read

Sri Lanka state to exit Colombo Hilton, seek property developer

Sri Lanka will sell a 51 percent stake in Hotel Developers, a state firm that owns the building in which Colombo Hilton ...

August 3, 2017 1 min read

Sri Lanka's port deal with China to boost forex reserves, credit positive: Moody's

Sri Lanka's sale of a port to China for 1.1 billion dollars will boost foreign exchange reserves, helping repay some deb...

July 31, 2017 2 min read

Sri Lanka to build modern women's hospital with French help

Sri Lanka has signed an agreement with Ideal Medical Products Engineering of France to build a modern 26 million dollars...

July 22, 2017 1 min read