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Sunday March 26th, 2023

Sri Lanka ex-PM say spoke to IMF MD, to take initiative on foreign aid


April 5, 2022 2 min read

Sri Lanka to get central bank governor as rupee weakens

Nandal Weerasinghe to take over on April 07

April 5, 2022 2 min read

Sri Lanka political crisis hits monetary policy decision


April 4, 2022 1 min read

Sri Lanka ICT leaders call for stability, access to dollars for essential services, end to emergency

Sri Lanka’s digital economy represents approximately 4.37% of GDP.

April 4, 2022 3 min read
Sri Lanka coconut auction prices continue to climb

Buyers offered 1,381,134 nuts at the auction and sold 970,638.

Sri Lanka revenue officers slam politicians, policy makers for tax cuts

The people who raised their hands when these policies were made are now blaming us

Sri Lanka 2020 budget deficit could rise to 7.9-pct of GDP amid tax cuts: IMF

Sri Lanka's 2020 budget deficit could rise to 7.9 percent of gross domestic product from an earlier forecast 5.3 percent...

February 8, 2020 4 min read

Sri Lanka misses 2019 budget deficit, forex reserve targets in IMF program

Sri Lanka has missed the budget deficit and foreign reserves targets in a deal with the International Monetary Fund wher...

February 8, 2020 3 min read

Sri Lanka fiscal cash crunch hits medical suppliers

Sri Lanka's state hospitals has no medicine shortage but rising payment arrears is making it difficult for some pharmace...

February 8, 2020 2 min read

UNIDO to help Sri Lanka formulate industrial policy

The United Nations Industrial Development Organization will help Sri Lanka to create an industrial policy to move into ...

February 7, 2020 4 min read

Sri Lanka seeks to raise more debt, hike spending in vote on account supplement

Sri Lanka is seeking parliamentary approval to spend 156 billion rupees more and raise up to 357 billion rupees in gross...

February 6, 2020 3 min read

The public must be told what relief they can expect from tax cuts - Vasu

The public needs to be informed about the drop in prices of essentials after the tax cuts imposed by the government Stat...

February 6, 2020 1 min read

Issuance of medical reports for some drivers' licenses to be decentralised

Government has decided to centralise the issuance of medical reports needed for the drivers’ licence of light vehicles...

February 6, 2020 1 min read

Public finance committee calls for CBSL observations on Sri Lanka bondscam audits

The Parliament's Committee on Public Finance has called for the observations of the Central Bank of Sri Lanka, on sever...

February 6, 2020 1 min read

Sri Lanka VAT cut, tobacco taxes paused by Parliament's finance committee

The Committee on Public Finance of Sri Lanka's Parliament has deferred the approval of finance bills aimed at slashing v...

February 5, 2020 2 min read

Sri Lanka President promises de-regulation drive for economic freedom

Sri Lanka's President Rajapaksa said he planned a de-regulation drive to remove permits and regulations which collective...

February 4, 2020 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 328.6083 334.9328
UK Pound 404.2407 411.1914
Euro 358.1529 359.7836
Aus Dollar 221.9914 225.8025
Yen 2.5191 2.5583
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.8504 4.0593
Korea Won 0.2471 0.2566
Oman Rial 824.2395 870.3981
Saudi Riyal 84.4779 89.2088
UAE Dirham 86.3927 91.2333
Source: Central Bank/Indicative
pts %
S&P SL20 2,722.94 -1.64%
CSE All Share 9,395.98 -1.38%
Turnover Rs million 3,437,599,160 1,512,188,680
Source: CSE
Latest Last
3-m bill 26.95 28.13
6-m bill 26.26 27.13
12-m bill 25.26 26.11
5-yr bond 26.01 25.82
8-yr bond 24.73 24.73
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

Workers hired for Central Cultural Fund not required - CCF Secretary

Secretary of the Central Cultural Fund (CCF) Bandula Harischandra said that an unrequired number of workers have been r...

February 3, 2020 1 min read

Controversial Airbus deal contributing to losses of SriLankan Airlines-UNP

UNP Parliamentarian S M Marikkar is saying that said that alleged corruption involved the Airbus purchase in 2013 is con...

February 3, 2020 1 min read

Sri Lanka rupee opens Feb weaker, gilt yields unchanged

Sri Lanka rupee was quoted weaker at 181.40/50 percent to the US dollar in the spot market on Monday while bond yields ...

February 3, 2020 2 min read

Sri Lanka's EPF stock portfolio soars in Dec, outperforms market

The listed equities portfolio of the Employees' Provident Fund (EPF), a superannuation fund of private sector worker sav...

Chandeepa Wettasinghe
February 3, 2020 3 min read

Sri Lanka should avoid ambitious short-term goals, target reforms: economist

Sri Lanka should avoid ambitious short term goals amid fiscal constraints and make long-term economic reforms for sustai...

February 3, 2020 8 min read

Pay parking or the CMC will clamp your ride

If you find your parked car has its wheel clamped in the Colombo Municipal Council (CMC) area, that is because you have ...

Imesh Ranasinghe
January 31, 2020 2 min read

Sri Lanka inflation in January 2020 rises to 5.4-pct

Sri Lanka inflation picked up to 5.4 percent in the 12-months to January 2020, with the index gaining 1.4 percent durin...

January 31, 2020 1 min read

Sri Lanka expects growth to top 4.0-pct in 2020, too early to assess coronavirus hit

Sri Lanka's gross domestic product is expected to grow over 4.0 percent in 2020, but it was too early to assess the imp...

January 31, 2020 2 min read

Sri Lanka targets US$18.5bn in goods, services exports in 2020

Sri Lanka's export promotion agency is targeting 18 billion US dollars in goods and services exports in 2020, up from 16...

January 31, 2020 1 min read

Regulating tuk-tuks is tougher than you think

Is bringing some discipline to the tuk-tuks and making them charge uniform rates even possible and therefore should they...

Imesh Ranasinghe
January 30, 2020 5 min read