An Echelon Media Company
Monday November 9th, 2026
Fiscal

Sri Lanka inks US$100mn power policy loan agreement with ADB

Also begun discussions on the $3mn grant for disaster relief

December 5, 2025 2 min read

IMF says looking at options to support Sri Lanka

And right now, Staff is looking into options to further support Sri Lanka in the recovery proces

December 5, 2025 1 min read

ADB gives Sri Lanka $3mn Cyclone Ditwah disaster grant

Vietnam and Thailand get $2mn each

December 3, 2025 1 min read

Sri Lanka to start disaster recovery fund, World Bank to assess Ditwah damage

The World Bank has been commissioned to conduct the Global Rapid Post-Disaster Damage Estimation

December 1, 2025 2 min read
Sri Lanka changes gem border tax to regain lost international hub

We saw that our gem industry was slowly moving out of Sri Lanka and was shifting to other countries

Sri Lanka business chambers submit proposals to national electricity policy

The provisions allowing uncompensated curtailment

Sri Lanka to charge VAT on foreign digital purchases from October 01

Procedures for registration, payment, and compliance will be specified by the Commissioner-General

April 17, 2025 2 min read

Sri Lanka faces default risks after abandoning scarce reserve system

There are several red flags and one green one

Bellwether
April 14, 2025 13 min read

ADB looking at Sri Lanka PPPs, credit enhancement for private sector lending

Looking at energy and water sector delivery services

April 11, 2025 1 min read

ADB to ready to finance Sri Lanka on reforms, digitalization in 2025

Going forward, ADB has pipelined a similar volume in budget support for 2025

April 10, 2025 2 min read

Sri Lanka to grow 3.9-pct in 2025 amid uncertainties: ADB

However from around 2028, foreign debt repayments will start going up

April 10, 2025 3 min read

India concludes restructuring Sri Lanka debt, interest slashed: PM Modi

India played a key role in restructuring Sri Lanka's debt as a co-chair

April 5, 2025 2 min read

India writes off US$100mn in debt to Sri Lanka

In the last six months, we have converted a loan of 100 million dollars into to a grant

April 5, 2025 1 min read

Sri Lanka's 88-pct tax on US arrived at by dividing trade deficit?

The formula seems to match many countries

April 3, 2025 2 min read

Sri Lanka plans to revive chronic loss-making SOE with billions in losses

By 2019 the CWE's net assets were negative

March 27, 2025 2 min read

Lazard on track to advise SriLankan Airlines debt restructure

SriLankan also has other debts

March 26, 2025 2 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

Discussion on making Duminda Hulangamuwa Sri Lanka's Treasury Secretary

That is something I will have to think about

March 25, 2025 1 min read

Sri Lanka export finance costs to rise due to removal of SVAT: Apparel Exporters

Low and medium risk exporters will be given refunds without an audit after then submit returns

March 25, 2025 2 min read

Sri Lanka port straddle carrier tender 'dramatic' fraud by cabinet decision: Minister

Tender awarded day before election

March 12, 2025 2 min read

Japan re-schedules Yen loans to Sri Lanka till 2042 at below 1-pct

Accrued interest from January 01, 2023 to December 31, 2023, will be paid on July 05, 2025

March 9, 2025 1 min read

China Exim Bank to visit Sri Lanka to discuss Central Expressway funding

The contract was awarded to China's MCC in 2015

March 7, 2025 1 min read

Sri Lanka inks Japan Yen354bn debt restructure deals

First agreement with official creditor committee

March 7, 2025 1 min read

Sri Lanka wraps up China Development Bank loan restructure

An agreement in principle was reached with CDB in November 2024 and was assessed by the IMF staff

March 4, 2025 2 min read

Sri Lanka to limit tax holiday length for Strategic Projects, Port City law

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March 4, 2025 2 min read

Sri Lanka to set up tax crimes investigation unit

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March 4, 2025 1 min read

Sri Lanka freelancers, service exporters can deduct expenses for 15-pct tax

Service exporters can also offset any taxes charged by the foreign country

March 2, 2025 2 min read