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Sunday March 26th, 2023

Sri Lanka's economic crisis affects health sector

"It was renewed within the day, and operations are being carried out as usual,” he said.

March 30, 2022 2 min read

Sri Lanka stock trading halted as market plunges 5.0-pct

The S&P SL 20 index fell 5.53 percent when the market halted trading.

March 30, 2022 1 min read

India Minister Jaishankar visits Sri Lanka's Suwaseriya paramedics

Jaishankar was accompanied by opposition legislator Harsha de Silva who helped found the 1990 Suwaseriya ambulance

March 30, 2022 1 min read

Sri Lanka rupee traded at 330 to the US dollar

Banks have to sell 50-pct of forex receipts to the central bank

March 29, 2022 1 min read
Sri Lanka inflation bigger threat to business than interest rates: CB Governor

"In the recent past enough money was printed. We are seeing the result of that."

Sri Lanka requests Japan to co-chair Sri Lanka debt talks

Sri Lanka has already started preliminary discussions with China

Sri Lanka President asks state enterprises to improve profits, service levels

Sri Lankan President Gotabaya Rajapaksa has called on heads of state owned enterprises to grow their profits while non-p...

January 25, 2020 1 min read

Sri Lanka in move to liberalise alcohol licenses to boost tourism

Provincial councils in Sri Lanka have been asked to liberalize beverage licenses to improve tourism receipts to the coun...

January 25, 2020 2 min read

Sri Lanka may have lost Rs10.4bn from direct placement of bonds: forensic audit

Sri Lanka may have lost up between 9.9 to 10.4 billion rupees in over 1,100 direct placements of bonds made by-passing a...

January 24, 2020 3 min read

"Free trade zone" of international universities on the cards for foreign students

The cabinet has green-lit a proposal to establish a "free trade zone" of international universities to attract foreign a...

January 23, 2020 2 min read

Sri Lanka cuts income tax for alcohol, tobacco, gaming, banks, manufacturing

Sri Lanka's Inland Revenue Department said it will cut income taxes on alcohol, tobacco, gambling, manufacturing and fin...

January 23, 2020 1 min read

Sri Lanka's national inflation accelerates to 6.2-pct in Dec

National inflation in Sri Lanka for the 12-months to December 2019 accelerated to 6.2 percent from 4.1 percent in Novemb...

January 23, 2020 1 min read

Sri Lanka to expand public service by 10-pct in 2020, 53,000 jobless graduates

Sri Lanka will hire 150,000 state workers made up of those who have passed the grade eight exam and 53,000 unemployed gr...

January 23, 2020 1 min read

Prez and PM walking two different paths as SL faces economic crisis - UNP

UNF Parliamentarian Hesha Withanage that President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa are now going...

Imesh Ranasinghe
January 22, 2020 2 min read

Sri Lanka bears Rs.50bn in disaster damages annually: World Bank

Disasters are annually costing Sri Lanka 50 billion rupees, or around 0.4 percent of gross domestic product (GDP) in dam...

January 22, 2020 3 min read

Sri Lanka blames erratic weather, intermediaries, as food prices soar

Sri Lanka's soaring food prices are due to bad weather and intermediaries, and they will come down in time for April New...

January 22, 2020 5 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

Sri Lanka's Customs says no notice on return of plastic waste from Malaysia

Sri Lanka has not received notice from Malaysian authorities about plastic waste being sent back to the island, a top Cu...

January 21, 2020 2 min read

IMF trims global growth estimates 2020-21 but sees improving outlook

Easing US-China trade tensions have lessened uncertainty and the world economy may have hit bottom but a sharp slowdown...

January 21, 2020 4 min read

Sri Lanka tax payer to bear unemployable graduates burden from March

Sri Lanka wills start recruiting unemployable graduates to the state service from March 01, though how many will be recr...

January 21, 2020 2 min read

Sri Lanka domestic tax collections grow 20.6-pct in 2019

Sri Lanka's Inland Revenue Department (IRD) has collected 785.38 billion rupees in taxes in 2019, up 20.6 percent from ...

January 20, 2020 2 min read

Inland Revenue Department in Sri Lanka flashes red light as firms charge wrong VAT

Sri Lanka's Inland Revenue Department officials said they have found businesses which have been charging Value Added Tax...

January 17, 2020 2 min read

Ban on civil helicopter flights from Colombo lifted

The Government has lifted the ban on domestic passenger flights from Colombo after 25 years.

January 17, 2020 1 min read

Tuk drivers demand regulatory body, accuse Minister of buying time

Three-wheeler unions have requested Transport Management Minister Mahinda Amaraweera to establish a provincial-level reg...

Imesh Ranasinghe
January 17, 2020 2 min read

Eateries, restaurants, bakeries not passing on tax relief to consumers - IRD

Many restaurants, roadside eateries and bakeries do not pass on to end consumers the relief afforded to them by recent t...

Nisali De Silva
January 17, 2020 2 min read

Sri Lanka exports flat in November, imports down

Sri Lanka has exported 979 million dollars of goods in September 2019, unchanged from last year, earned 332 million US d...

January 17, 2020 1 min read

Sri Lanka ban on incorporating foreign firms over security concern

Sri Lanka has banned the incorporation of companies with foreign shareholders over a security concern, but no legitimate...

January 17, 2020 2 min read