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Sunday December 3rd, 2023

Sri Lanka looks to boost 'long weekend' domestic tourism

In 2023 there are 7 'long weekends' where Friday or Monday is a holiday.

January 4, 2023 2 min read

Sri Lanka key excise taxes from Jan 2023

List includes mineral water, hearse, fuel, fruity juice, etc.

January 4, 2023 1 min read

Sri Lanka hopes to earn Rs22bn from alcohol, cigarette tax hike

Alcohol taxes up 20-pct per proof litre

January 4, 2023 1 min read

Sri Lanka spends Rs.225 mln to beautify airport amid crisis

AASL has spent 225 million rupees to allocate 1900 square meters on the second floor for 31 electronic related shops.

January 3, 2023 2 min read

Sri Lanka can continue to control imports: Central Bank

There are goods that can be made in the country that is better than the foreign ones

June 11, 2021 1 min read

Sri Lanka net forex reserves fall to 33-pct of reserve money

The slide had been relentless since September 2014

June 11, 2021 4 min read

US inflation hits 5.0-pct in May 2021 amid money growth

Consumer Inflation hits highest level since 2008

June 10, 2021 2 min read

Sri Lanka private workers bear Covid-19 shock with wage cuts, state workers get salary hikes

As soon as private sector activities were curtailed, economies collapsed around the world

June 10, 2021 4 min read

Sri Lanka hikes limit on borrowing by treasury guarantees to 15-pct of GDP

By end 2020, Treasury guarantees already issued totalled Rs1.34 trillion

June 9, 2021 2 min read

Sri Lanka to vaccinate all by early 2022, facilitate growth: Army chief

“The resilience in a pandemic is essentially the resilience in the economy too."

June 8, 2021 11 min read

Sri Lanka urges private firms to borrow offshore; free forex cover from central bank

Companies could also pledge assets to non-residents and issue corporate guarantees

June 7, 2021 3 min read

Sri Lanka will make bullet repayment in sovereign bond in July: President's Secy

Foreign debt including private loans had fallen to US$54.8bn from US$49.2bn

June 7, 2021 1 min read

President Rajapaksa's speech at Sri Lanka Investment Forum 2021 - full text

Invites investment to Colombo Port City, energy, information technology, agriculture

June 7, 2021 7 min read

Sri Lanka 2021 budget deficit revised up to 9.5-pct of GDP

A Coronavirus third wave is further slowing the economy

June 2, 2021 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
Source: CSE
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
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's inflation rise to 4.5-pct in May, foods up 9.9-pct

Index up 1.1-pct during the month

June 1, 2021 1 min read

Sri Lanka sovereign rating confirmed at CCC+ by S&P, warns on macro-policy

An increase in domestic liquidity will also pressure the exchange rate

May 31, 2021 10 min read

No decision yet on extending Sri Lanka's unofficial lockdown: army chief

But it may be decided at any point until then, Army Commander Gen Shavendra Silva said.

Chanka Jayasinghe
May 31, 2021 2 min read

Sri Lanka to get on the missed bus with China-backed Port City: Minister

They don't need to go to Dubai, they don't need to go Singapore to work

Imesh Ranasinghe
May 29, 2021 5 min read

Vietnam BB outlook raised to positive by S&P after IMF says high growth with no stimulus

Incredibly proactive and effective set of containment policies - IMF

May 27, 2021 14 min read

Sri Lanka declares public services including ports, state banks, transport essential

An extraordinary gazette notification declaring these services  essential was issued May 27 afternoon.

May 27, 2021 1 min read

Sri Lanka speaker signs off on controversial Port City economic commission bill

The Colombo Port City Commission Act is now effective as of May 27

May 27, 2021 1 min read

Invest Sri Lanka to bring 1,000 local and global investors together

Forum to showcase investment opportunities and build joint ventures

Chanka Jayasinghe
May 27, 2021 3 min read

Sri Lanka says state luxury SUV imports for MPs halted following outcry

Sri Lanka started giving tax free luxury cars to MPs in the 1980s

May 26, 2021 2 min read

Bangladesh Bank approves US$200mn currency swap for Sri Lanka: report

The swap would be backed by a government guarantee

May 25, 2021 1 min read