An Echelon Media Company
Monday November 9th, 2026
Fiscal

Sri Lanka central bank buys US$500mn since surrender rule ended

About a billion US dollars in gross purchases since January

March 10, 2023 2 min read

Sri Lanka state university lecturers still on strike against IMF-backed tax hike

The strike will continue till March 15.

March 10, 2023 3 min read

Sri Lanka anti-tax protests: Unions threaten to turn "main switch" off on Mar 15

"Don't blame our doctors, our banks, our port. The government must take responsibility," said Illangasinghe.

March 9, 2023 3 min read

Seventeen ships turned back after Colombo Port anti-tax protests, claims minister

"The result of the protests will be the strengthening of those ports and the collapse of ours," he said

March 8, 2023 2 min read
Sri Lanka cabinet clears drafting bill for PPP Agency

The proposed law will give a legal basis for the PPP agency

Sri Lanka budget deficit steeply down in May 2024

Monetary stability has been provided to run budget and ordinary people to live and work

Sri Lanka government opens bank accounts to contribute disaster aid

Sri Lanka's government has opened foreign currency banking accounts to receive cash contributions to help victims of rec...

May 31, 2017 1 min read

Sri Lanka sets up PPP unit to draw investment

Sri Lanka has set up a unit to bring in investments through public private partnerships as the people are already burden...

May 31, 2017 2 min read

Sri Lanka to provide easy credit, debt relief for flood hit businesses

Sri Lanka will provide debt relief for flood hit businesses and also start two credit schemes for them to get back into ...

May 29, 2017 1 min read

Sri Lanka seeks to upsize US$450mn syndicated loan

Sri Lanka is seeking more subscriptions from a syndicated loan after tying down $450 million from lead arrangers in deal...

May 19, 2017 1 min read

Sri Lanka holds sovereign bond proceeds in dollars to repay foreign debt

ECONOMYNEXT – Sri Lanka’s finance ministry will keep the proceeds of a recent $1.5 billion sovereign bond ...

May 18, 2017 1 min read

Sri Lanka legal cigarette sales plunge 29-pct; tax revenues up

Sri Lanka's legal cigarette sales fell 29 percent in the March 2017 quarter from a year earlier, Ceylon Tobacco Company ...

May 16, 2017 2 min read

Sri Lanka to give enhanced depreciation to boost investments: Ravi

Sri Lanka has giving enhanced depreciation of up to 200 percent, with losses to be carried forward for up to 25 years fo...

May 15, 2017 2 min read

Sri Lanka to exempt exports of IT, entrepôt trade, waste management from income tax

Sri Lanka will exempt from income tax several activities including, agriculture, entrepôt trade, solid waste manageme...

May 14, 2017 1 min read

Sri Lanka to tax unit trusts at 10-pct for individuals

Sri Lanka will tax profits of unit trusts (mutual funds under a specific law) at 10 percent for individuals and a higher...

May 14, 2017 1 min read

China firm to study water supply options for Hambantota port, industrial zone

China Heavy Machinery Corporation (CHMC) has been tasked with studying the water and sewerage requirement for Sri Lanka'...

April 28, 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's Dialog Telecom, customers pay Rs317bn to state

Sri Lanka's Dialog Telecom paid income taxes and levies of 31.7 billion rupees to the state, on net revenues of 86.7 bil...

April 20, 2017 2 min read

Reforms yield faster growth in Sri Lanka: World Bank

ECONOMYNEXT – After a slowdown last year, Sri Lanka is now benefiting from its efforts to improve its fiscal sust...

April 19, 2017 1 min read

Sri Lanka finance minister queries computerisation delay at tax department

ECONOMYNEXT – Sri Lankan finance minister Ravi Karunanayake said he was mystified with the delay by the Inland Re...

April 13, 2017 1 min read

Sri Lanka vehicle registrations crash, tax policy said unfair, warped

ECONOMYNEXT - Sri Lanka's vehicle registrations fell sharply in February from the previous month with mini-trucks and th...

March 31, 2017 4 min read

Sri Lanka govt puts off withdrawal of SVAT system

ECONOMYNEXT – Sri Lanka’s main business chamber has praised a government decision to retain an existing pa...

March 30, 2017 1 min read

EIB to expand lending to Sri Lanka as EU relations improve

European Investment Bank is looking to provide loans for hard infrastructure and small and medium enterprise development...

March 29, 2017 2 min read

Sri Lanka Malaysia Business Council to host forum on PPPs

Ceylon Chamber of Commerce said its Sri Lanka- Malaysia Business Council will host a breakfast meeting with the Minister...

March 28, 2017 1 min read

Sri Lanka's loss making SOEs slashed, but 50 in the red: Fin Min

Sri Lanka's new administration has reduced losses at state-owned enterprises and statutory agencies, but a quarter of th...

March 15, 2017 2 min read

Sri Lanka expects a billion dollars from asset sales: Fin Min

Sri Lanka expects to raise around a $1 billion from sales of non-strategic assets, this year, Finance Minister Ravi Karu...

March 15, 2017 1 min read

Asian stocks ease, cautious ahead of c.bank announcements

Asian equities opened slightly lower, as investors stayed cautious awaiting the outcome of several central bank meetings...

March 15, 2017 3 min read