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Thursday September 29th, 2022

EU: Focused on non-discrimination, PTA during Sri Lanka’s GSP+ monitoring mission

 “The meetings also reviewed drugs policy, environment and climate change, as well as corruption.”

October 7, 2021 3 min read

Sri Lanka rejects Oman land-for- interest request in US$3.6bn oil supplier's credit: Minister

The 3.6 billion US dollar credit line for one year

October 6, 2021 2 min read

Sri Lanka warned on debt default bombshells by Lee Buchheit

There is an enormous political aspect to it both internationally and domestically

October 6, 2021 8 min read

Sri Lanka gets five proposals for foreign currency term loan

The loans will have to be a minimum of one year

October 6, 2021 1 min read
Behind Sri Lanka economic crisis are also Lakshman, Jayasundera, Cabraal, Attygalle: legislator

This political economic discourse happened with a set of our officials

Mahinda Siriwardena made Sri Lanka Treasury Secretary

Former Deputy Governor Nandalal Weerasinghe was also appointed Central Bank Governor.

Boat service for public, launched; First month free

The boat service for transporting passengers operating along the Beira Lake from Union Place to Colombo Fort was launche...

August 23, 2019 2 min read

Sri Lanka to grow about 2 percent in 2Q: CB Governor

Sri Lanka is expecting to grow about 2 percent in the second quarter and 3.1 percent for the full year, Central Bank Gov...

August 23, 2019 1 min read

Moody's forecasts Sri Lanka growth to weaken, slow recovery

Sri Lanka’s economic growth will slow sharply in the second quarter of this year after April’s suicide bom...

August 23, 2019 3 min read

Sri Lanka cuts policy rate 50bp after liquidity disruptions

Sri Lanka has cut its policy interest rate 50 basis points to 7.0 percent shortly after unusual volatility in the aggreg...

August 23, 2019 7 min read

Privatization gulf between Sri Lanka, Vietnam exposed by Bimal Ratnayake, opposition

Sri Lanka's Marxist Janatha Vimukthi Peramuna and opposition legislators launched an attack on an amendment to a governi...

August 23, 2019 5 min read

Plans to draw investor for SriLankan Airlines with 49-pct stake

Sri Lanka is making plans to attract a foreign investor by offering a 49 percent stake and taking off some of the debt o...

August 22, 2019 2 min read

Sri Lanka national inflation edges up to 2.2-pct in July

Sri Lanka's nationwide inflation edged up to 2.2 percent in July 2019 after slowing down in the two previous months, the...

August 21, 2019 1 min read

Boat transport service to be launched in Colombo for public use

The Megapolis and Western Development Ministry says that a boat service will be launched tomorrow (22 August), operating...

August 21, 2019 1 min read

Sri Lanka central bank injects cash overnight, term, and outright

Sri Lanka's central bank has injected 2.76 billion rupees in permanent money and is lending new money to the banking sys...

August 21, 2019 2 min read

Sri Lanka June trade gap narrows as imports fall sharply

ECONOMYNEXT – Sri Lanka’s trade deficit narrowed to 316 million US dollars in June 2019 from a year ago, t...

August 20, 2019 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 369.9235 369.9235
UK Pound 417.3920 417.3688
Euro 365.4949 365.1473
Aus Dollar 247.2916 245.9917
Yen 2.6166 2.5700
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4750 4.5225
Korea Won 0.2575 0.2576
Oman Rial 942.5852 942.5852
Saudi Riyal 96.4518 96.4518
UAE Dirham 98.7994 98.7994
Source: Central Bank/Indicative
pts %
S&P SL20 3,203.01 -0.87%
CSE All Share 9,964.80 -0.36%
Turnover Rs million 3,017,534,901 4,958,500,230
Source: CSE
Latest Last
3-m bill 30.31 30.81
6-m bill 28.51 28.66
12-m bill 28.26 28.78
5-yr bond 25.30 25.04
8-yr bond 26.01 25.76
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Donald Trump inspires Sri Lanka legislator to slash freedoms of people

Sri Lanka should raise taxes on imported films and television dramas to force people to watch domestic productions, a le...

August 20, 2019 4 min read

Sri Lanka begins upgrading ageing railway with ADB credit

ECONOMYNEXT - Sri Lanka is starting to upgrade its ageing railway network loan to win back passengers as congestion and ...

August 20, 2019 2 min read

Sri Lanka probes 108 million rupee potato burial

Sri Lanka's ministry of industry and commerce had bought 108 million rupees of potatoes and buried them during a so-call...

August 20, 2019 2 min read

Sri Lanka to promote 31,500 policemen

Sri Lanka is planning to promote 31,540 policemen without regard to existing vacancies following a policy decision and a...

August 18, 2019 1 min read

Advocata lauds opening of COPE to media

Advocata is saying the opening of the hearings of the Committee on Public Enterprises (COPE) to the media is a timely in...

August 16, 2019 2 min read

Sri Lanka manufacturing, services activities grow in July

Sri Lanka's manufacturing and services activities grew in July 2019 from a month earlier, the central bank said.

August 16, 2019 2 min read

Sri Lanka submits LP Gas price formula to court: Harsha

Sri Lanka's Attorney General has submitted a price formula for liquefied petroleum gas to court for approval to end mini...

August 16, 2019 2 min read

Heads of four State Enterprises to face MPs grilling on live TV

Four major state-owned enterprises will come under the microscope when the Parliamentary Committee on Public Enterprise ...

August 15, 2019 2 min read

Sri Lanka to allow import of 80,000MT of maize

Sri Lanka will allow 80,000 metric tonnes of maize to be imported for animal feed before January 31, 2020 with the bulk ...

August 15, 2019 1 min read

Sri Lanka cabinet clears tax to protect local e-commerce firms

Sri Lanka's cabinet has approved a 3.5 percent tax on services bought through credit and debit cards, as the island acce...

August 14, 2019 2 min read