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Monday December 11th, 2023

Sri Lanka service sector sees out migration

November was slightly better due to a pick-up in tourism, the central bank said.

December 30, 2022 3 min read

Sri Lanka's Western Province GDP marginally up in 2021

Eastern, Central and North Central provinces fall as a share

December 30, 2022 1 min read

Sri Lanka tax payers look to tighten belts further or migrate as progressive taxes bite

"There is no way I can understand how my tax money is spent and how it is an incentive for my business."

December 29, 2022 8 min read

SriLankan Airlines halts coupon payments on bond

The bond has a sovereign guarantee

December 29, 2022 1 min read

Sri Lanka cuts exporter proceeds conversion rule to 10-pct

Sri Lanka has cut a requirement to covert export proceeds into rupees to 10 percent from an earlier 25 percent in new r...

April 15, 2021 1 min read

Sri Lanka resolved to maintain relative monetary stability: CB Governor

Sri Lanka's central bank is resolved to maintain 'relative monetary stability' and will be vigilant about pressures from...

April 14, 2021 4 min read

US would support Sri Lanka in efforts to manage debt, stabilize economy: Ambassador Teplitz

The United States was ready to support Sri Lanka it is efforts to manage debt and stabilize the economy, US Ambassador t...

April 14, 2021 9 min read

Sri Lanka will discourage FDI with abrupt tax changes, policy upheavals: Eran

Sri Lanka will find it hard to attract foreign direct investors with sudden policy changes and bans announced by gazette...

April 13, 2021 3 min read

Sri Lanka seeks to extend payment terms for oil imports

Sri Lanka is in talks with oil supplying countries to extend payments terms for up to one year, Treasury Secretary S R A...

April 13, 2021 2 min read

Rs 5,000 allowance in disarray as Grama Niladharis, Samurdhi officers boycott

A relief programme to provide a one-time cash allowance of Rs 5,000 each to 2.8 million low-income families for the upco...

Imesh Ranasinghe
April 12, 2021 2 min read

Sri Lanka signs US$500mn loan with China Development Bank

Sri Lanka has inked the agreement to get a 500 million US dollar loan from China Development Bank, Treasury Secretary S ...

April 12, 2021 1 min read

Sri Lanka to advertise internationally for Colombo Port City Commission staff

Sri Lanka will advertise internationally to hire staff for Colombo Port City Commission, which will function as an indep...

April 12, 2021 1 min read

Sri Lanka has a corrupted inflation targeting, output gap targeting not in line with monetary law: W...

Targeting an output gap with printed money is not in line with the original intentions of Sri Lanka's Monetary Law Act a...

April 12, 2021 8 min read

Sri Lanka to allow palm stearin imports, other fractions 'unhealthy'

Sri Lanka will allow palm stearin, a fraction of palm oil produced through an industrial process used in food products, ...

April 11, 2021 3 min read
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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
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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
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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

India says boosting Covid-19 vaccine production, as Sri Lanka faces delay in order

India is boosting vaccine production capacity as domestic cases also continue to rise and Sri Lanka has said the origina...

April 10, 2021 1 min read

Ban-nomics: Sri Lanka to ban imports of handloom textiles, printed batiks

Sri Lanka will ban the import of printed batik and handloom textiles to eliminate competition from imports for domestic ...

April 9, 2021 4 min read

Sri Lanka helicopter drops Rs60bn, CB bills stock tops Rs900bn

Sri Lanka has printed 60 billion rupees this week taking the central bank's Treasury bill stock to 904 billion rupees by...

April 9, 2021 2 min read

Sri Lanka's Buth Curry Index by Advocata Institute to track cost of eating

Sri Lanka's Advocata Institute has launched a Buth Curry Index, which tracks the prices of several foods items widely us...

April 9, 2021 2 min read

Sri Lanka cautioned on money laundering risks at China-backed Colombo Port City

Sri Lanka has to be vigilant against unintended consequences of 'nefarious actors' who may try to mis-use a China-backed...

April 9, 2021 7 min read

Sri Lanka seeks Middle East funds to beef up BOP

Sri Lanka is in a mission to the Middle East to secure funding to buffer the island's external payments, Central Bank Go...

April 8, 2021 2 min read

Sri Lanka forex reserves drop to US$4.1bn in March 2021

Sri Lanka's forex reserves dropped to 4.1 billion US dollars in March 2021 from 4,583 million dollars in February, the c...

April 8, 2021 2 min read

Sri Lanka central bank keeps 'historic low' rates as forex reserves drop

Sri Lanka's central bank said it is maintaining its historic low interest rates as foreign reserves continued to drop am...

April 8, 2021 7 min read

Sri Lanka fails to sell 58-pct of Treasuries auction

Sri Lanka has failed to sell 58 percent of a 45 billion rupee Treauries auction amid price ceilings above which unsold b...

April 8, 2021 1 min read

Sri Lanka bakers not doomed by palm oil ban Trade Minister says, license raj to the rescue

Sri Lanka's bakery industry is not doomed as claimed by some but a license raj on import controls will be extended to re...

April 7, 2021 3 min read