An Echelon Media Company
Tuesday September 26th, 2023
All Sections
Notable
An independent debt management law is a priority reform under an IMF deal
Sri Lanka must consider how it will navigate changing labour landscape; unions need to face different reality
The IMF team is expected to meet President Ranil Wickremesinghe Wednesday
The stable outlook on the long-term local currency rating reflects improvements to the government's debt profile
Tabling the Appropriation Bill is the first stage of the budgeting process
Objectives include boosting female workforce participation, attracting FDI, and robust social security.
Despite higher taxes, Sri Lanka faces revenue shortfall
The US announced the commitment of 19.23 million US dollars in additional funds to further the development of Sri Lanka.
A central bank analysis shows EPF return could fall further if DDO is not chosen
President Wickremesinghe is in New York attending the United Nations General Assembly meetings
State salary bill as a share of taxes has fallen to 55 percent of taxes in the first four months of 2023
Potential to increase economic cooperation and enhance people to people contact through education opportunities
As another phase of "Aswesuma" a payment of Rs.799.5 million for 113’713 beneficiaries have been paid for July
Sri Lanka has more than 1.6 million people with some kind of disabilities
Need to align labor laws with global standards like ILO’s C190 and C180
| Latest | Last | |
|---|---|---|
| US Dollar | 330.2942 | 315.1016 |
| UK Pound | 429.0139 | 401.1871 |
| Euro | 372.1704 | 343.1959 |
| Aus Dollar | 227.2526 | 211.5951 |
| Yen | 2.3820 | 2.1908 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.6453 | 3.5932 |
| Korea Won | 0.2342 | 0.2292 |
| Oman Rial | 780.3569 | 769.4973 |
| Saudi Riyal | 80.1114 | 78.9849 |
| UAE Dirham | 81.7952 | 80.6569 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,573.80 | 1.00% |
| CSE All Share | 9,073.41 | 0.65% |
| Turnover Rs million | 1,591,766,524.95 | 1,029,335,694.32 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.72 | 21.79 |
| 6-m bill | 19.55 | 20.31 |
| 12-m bill | 17.72 | 19.28 |
| 5-yr bond | 21.00 | 22.53 |
| 8-yr bond | 19.42 | 20.55 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
Business meeting in New York saw participation from 40 US businesses keen on exploring investment and trade in SL
Officials from both countries met for the 14th Trade and Investment Framework Agreement (TIFA) council meeting
Sri Lanka's President discussed the importance of finalizing a trade agreement between Sri Lanka and South Korea
After eight months, a tree will give a yield of 10 to 15 kilograms. A tree has a lifespan of about 35 years.
Ranil Wickremesinghe has discussed ongoing economic reforms and sector growth plans with World Bank
Assessment of the current safety conditions of all reservoirs, lakes, dams and water-carrying tunnels
Most road projects are suspended due to lack of funding after Sri Lanka declared bankruptcy
The exchange rate has depreciated somewhat since June
Net purchases negative for the third month
Driven by the manufacture of food & beverages sector, in response to the continuous downward revisions in retail prices
We use cookies to help us improve and customize your experience. Learn more about how we use cookies in our cookie policy.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
2 min read