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Sunday March 26th, 2023
Economy

Sri Lanka central bank Governor Nivard Cabraal resigns

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April 4, 2022 1 min read

Speculation that Sri Lanka Prime Minister would to step down denied

Pressure from constituent parties for interim government

April 3, 2022 1 min read

Sri Lanka biz chamber 'gravely concerned' over emergency

Emergency can cause serious damage to the tourism sector

April 3, 2022 1 min read

Sri Lanka imports up 23-pct in January as tourism recovers

Exports also up

April 2, 2022 2 min read
Sri Lanka forex reserves at US$1,777mn in Sept 2022

Sri Lanka's reserves have been stable for several months

Sri Aurobindo: Mystical Awareness Supplants Production

In India, religion and socialism commingle and collide.

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
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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

Mahinda to present a supplementary estimate in the next parliamentary session: Bandula

Prime Minister Mahinda Rajapaksa is expected to present a supplementary estimate to pay arrears for the contractors and ...

January 30, 2020 2 min read

Sri Lanka should strike trade deals with China, ASEAN to access Asia: EDB Chief

Sri Lanka should sign free trade deals with China and the Association of East Asian Nations to boost exports to Asia, n...

January 30, 2020 1 min read

Sri Lanka extends deadline for SME debt moratorium

Sri Lanka's central bank will extend the deadline for a loan moratorium and new credit program for small and medium size...

January 30, 2020 2 min read

Sri Lanka cut rates despite rising inflation as food prices would fall: CB Governor

Sri Lanka cut rates despite rising inflation because it was mainly 'food inflation' which would be temporary and rates w...

January 30, 2020 2 min read

Sri Lanka’s current policies were years in the making - Godahewa

The new government's policies were formulated years before implementation says Nalaka Godahewa, Key Advisor to the Gover...

January 29, 2020 2 min read

Sri Lanka plans price controls on face masks as virus fears drive demand

Sri Lanka's drug regulatory agency will put price controls on face masks, a top official said as pharmacies ran out supp...

Mahadiya Hamza
January 29, 2020 2 min read

Mahinda asks the State sector to get a move on

Prime Minister Mahinda Rajapaksa is asking the state sector service to get moving to serve the public better.

January 29, 2020 1 min read

Private suppliers in Sri Lanka in trouble from state payment arrears

Private firms which have provided services to Sri Lanka's government is in difficulties due to delayed payments Prime Mi...

January 29, 2020 2 min read

Sri Lanka ate the Chinese chicken instead of collecting eggs: Academic

Sri Lanka has not used Chinese debt appropriately to grow the economy after the end of the civil war, akin to eating a c...

Chanka Jayasinghe
January 28, 2020 2 min read

Sri Lanka scrambles to boost mask output as pharmacies run dry

Sri Lanka has asked domestic producers to boost the output of masks officials said as pharmacies ran dry after health au...

January 28, 2020 2 min read