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Monday November 9th, 2026
Fiscal

Sri Lanka to lose Rs63bn if personal tax threshold doubled from US$9 a day

IMF has suggested income tax at US$4 a day.

February 8, 2023 2 min read

Sri Lanka talking to China to get similar assurance with other creditors: President

We are in direct discussions with China

February 8, 2023 1 min read

Sri Lanka may discuss changes amid progressive tax protests

High income taxes a measure to take the country out of currency crisis

February 8, 2023 3 min read

Paris Club, Hungary says provided Sri Lanka debt assurances, urges China to follow

Says Saudi Arabia will also provide assurances soon

February 7, 2023 4 min read
Sri Lanka Water Board to sell under formula from 2025

Cost-based tariffs are part of ADB linked reform program

Third duty free operator eyeing Sri Lanka Port City Colombo

China Duty Free and One World Duty Free, approved by cabinet this week

Sri Lanka weaker growth, higher inflation can hurt budget path: Moody's

A slowdown in growth and higher inflation can undermine plans to reduce budget deficit, despite an agreement with the In...

December 19, 2016 4 min read

Sri Lanka to get US$1.34bn from World Bank in next three years: Fin Min

Sri Lanka would get 1,340 million US dollars under World Bank programs over the next three years, Finance Minister Ravi ...

December 17, 2016 1 min read

Sri Lanka’s 2017 budget clears final vote with two thirds majority

Sri Lanka’s 2017 budget received its final approval in parliament with an overwhelming two thirds majority while ...

December 10, 2016 1 min read

Sri Lanka making progress on tax, urged to speed up reforms: IMF

Sri Lanka is making good progress on tax collection and new taxes announced in a budget for should bring more revenues t...

December 10, 2016 2 min read

Sri Lanka starts fresh probe into $700 mn China deal

Sri Lanka's government Wednesday launched an investigation into a $700 million river diversion deal that had been finali...

December 7, 2016 1 min read

Sri Lanka state Water Supply SOE heading for financial crisis, losses understated

Sri Lanka state-run National Water Supply and Drainage Board is heading for a financial crisis due to the inability to s...

December 5, 2016 2 min read

Sri Lanka rulers target EPF again; Treasury attempts to gain control: report

Sri Lanka's rulers are once again trying to target two pension funds made up of money from private sector workers, a med...

December 4, 2016 2 min read

Sri Lanka to corporatize milibiz hotels, state holiday homes

Sri Lanka will put hotels set up by the military and holiday homes of state agencies in one corporate entity to target t...

December 1, 2016 2 min read

Budget under the Sri Lankan President

November 30, 2016 1 min read

Sri Lanka plans Treasuries auctions with non-competitive bids

ECONOMYNEXT - Sri Lanka is planning to revamp its Treasuries auctions with room for non-competitive bids, with new rules...

November 30, 2016 5 min read
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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 expects Hambantota port sale proceeds from January

Sri Lanka is expecting payments from China for the sale of Hambantota port to flow in from January 2017, Central Bank Go...

November 29, 2016 1 min read

Sri Lanka sharp tax changes, weak economic freedoms hurting progress

Sri Lanka's sharp hikes in tax rates and weak economic freedoms are undermining the hotel investment environment, despit...

November 29, 2016 3 min read

Sri Lanka could attract 2,500 Chinese companies: CB Chief

China has indicated that up to 2,500 companies looking to invest abroad could invest in Sri Lanka if the island can crea...

November 21, 2016 2 min read

Sri Lanka budget approved with more than two thirds majority

Sri Lanka's budget was approved by parliament Friday with an overwhelming majority of 107 votes, far in excess of what t...

November 18, 2016 1 min read

Sri Lanka top chamber backs tighter deficit; warns on interference in business

Sri Lanka's Ceylon Chamber of Commerce, the country's largest trade association, backed the proposed budget with a lower...

November 17, 2016 5 min read

Sri Lanka 'domestic manufacturers' to make drugs; fears of a canned fish repetition

Sri Lanka's cabinet of ministers had approved the setting up of domestic drug companies as joint ventures with State Pha...

November 17, 2016 2 min read

Sri Lanka tax hikes will strengthen state finances: Fitch

Sri Lanka's tax hikes will strengthen the revenue base, but some of the revenue assumptions look optimistic and governme...

November 16, 2016 4 min read

Sri Lanka to hunt for tax dodgers

ECONOMYNEXT – Sri Lanka’s Inland Revenue Department will carry out islandwide raids on businesses to rope ...

November 16, 2016 2 min read

Sri Lanka financial transaction tax to be paid by banks: Finance Minister

A debit tax on bank withdrawals will have to be paid by banks, Finance Minister Ravi Karunanayake said, amid rising conc...

November 16, 2016 1 min read

Sri Lanka may charge taxes on listed bonds issued from this month

Sri Lanka is likely to exempt taxes on future interest of bonds issued before the budget in November, but is likely to t...

November 15, 2016 1 min read