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Saturday June 3rd, 2023

Sri Lanka slaps duty surcharges of up to 200-pct on selected imports

Special commodity levies of up to Rs2000 on yoghurt, butter

June 1, 2022 1 min read

Sri Lanka Treasury bill yields drop after tax hike

All offered bills sold

June 1, 2022 1 min read

Sri Lanka removes licenses on 369 imports, open account allowed till June 07

Finance Ministry asks not to import excessively

June 1, 2022 1 min read

Sri Lanka issues gazette hiking value added tax from June 01

In a bid to reverse fiscal stimulus

June 1, 2022 2 min read
Sri Lanka welcomes 59,000 tourists in November

The November number is the highest since April 2022.

Sri Lanka debt restructuring: opposition MP warns of "China go home" protests

"They have forced  investments down this country thanks to the Rajapaksa family."

Sri Lanka exports revival, using new opportunities vital to beat Coronavirus: EDB chief

Reviving exports urgently is vital to keep Sri Lanka afloat during a Coronavirus crisis and the sector needs room to ada...

Mahadiya Hamza
April 10, 2020 4 min read

Sri Lanka brings back PAYE as Advance Income Tax

Sri Lanka has brought a revised version of pay-you-earn tax as an Advance Personal Income Tax to be deducted by the empl...

April 10, 2020 6 min read

Sri Lanka forex reserves down to Rs7.5bn in March amid liquidity injections

Sri Lanka's forex reserves were down by 412.5 million US dollars to 7,525 million by end March 2020 from 7,938.24 milli...

April 10, 2020 2 min read

Sri Lanka Covid-19 heathcare fund totals Rs585mn

A fund started by President Gotabaya Rajapaksa to help fight Coronavirus had drawn 585 million rupees with contributors ...

April 10, 2020 2 min read

US gives US$1.3mn to Sri Lanka to fight Coronavirus, promises testing support

The United States has given 1.3 millon US dollars to help Sri Lanka help protect healthcare workers in the fight against...

April 9, 2020 1 min read

European Union says Sri Lanka Coronavirus fight 'impressive', grants 22 million Euro

The European Union has given Sri Lanka a grant of 22 million US dollars to fight Coronavirus in the island saying the co...

April 9, 2020 2 min read

For all its a struggle to get the essentials of life

Across the districts designated as the most affected by the COVID 19 threat, the fear of the disease is tinged by the co...

Arjuna Ranawana
April 9, 2020 5 min read

Sri Lanka to give Coronavirus incentive package for foreign exchange remitted in

Sri Lanka will give an incentive package to anyone who repatriates dollars held abroad to the island in the next three m...

April 9, 2020 2 min read

Sri Lanka to seek US$1400mn in swap lines from India, China mulled amid Coronavirus

Sri Lanka has requested a 400 million dollar swap line from the Reserve Bank of India under an arrangement available for...

April 9, 2020 2 min read

Sri Lanka may hit foreign borrowing ceiling, recall parliament to raise it: ex-Finance Minister

Sri Lanka may hit legal snags in getting foreign loans unless parliament is recalled to pass new resolution to legalize ...

April 8, 2020 3 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 283.8763 290.6745
UK Pound 352.3039 358.1710
Euro 302.2424 309.9647
Aus Dollar 183.5776 188.4064
Yen 2.0303 188.4064
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5400 3.5935
Korea Won 0.2216 0.2248
Oman Rial 759.5857 770.5802
Saudi Riyal 77.9716 79.1149
UAE Dirham 79.6253 80.7822
Source: Central Bank/Indicative
pts %
S&P SL20 2,470.42 2.02 %
CSE All Share 8,668.40 1.59 %
Turnover Rs million 1,335,527,883 575,340,332
Source: CSE
Latest Last
3-m bill 24.64 24.60
6-m bill 24.24 24.36
12-m bill 22.37 22.36
5-yr bond 24.98 24.79
8-yr bond 23.82 23.16
Source: Central Bank/Indicative
today yesterday
Overnight Money 14.00 16.50
Gilt Repo 14.00 16.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka tightens forex controls after printing money

Sri Lanka has tightened controls on foreign exchange outflows for three months as the rupee slid in the wake of rate cut...

April 6, 2020 3 min read

Sri Lanka's Colombo tea auction goes online amid Coronavirus curfew

Sri Lanka's Colombo Tea Traders Association and Ceylon Chamber of Commerce which had conducted a physical auction for ov...

April 6, 2020 1 min read

Sri Lanka sovereign bond yield reversal ends after rate cut

Yields on Sri Lanka's sovereign bonds which fell sharply from record lows after Treasury Secretary S R Attygalle said th...

April 6, 2020 2 min read

Sri Lanka makes fresh helicopter drop of liquidity as nation fights off Coronavirus

Sri Lanka has made another helicopter drop of cash pushing up excess money in the banking system with monetary instabili...

April 6, 2020 6 min read

Coronavirus to cost Sri Lanka 1.5-pct of GDP in 2020: ADB

An going Coronavirus epidemic may cost Sri Lanka up to 1.5 percent in economic growth in 2020, the Asian Development Ban...

April 3, 2020 2 min read

Sri Lanka digitally signs World Bank credit to fight Coronavirus

Sri Lanka has signed a 128.6 million US dollar credit to help its fight against Coronavirus with the country aggressivel...

April 3, 2020 1 min read

Sri Lanka president meets central bank on forex reserves, confidence building

April 3, 2020 2 min read

Sri Lanka details terms of Rs50bn central bank re-financed Coronavirus facility

Sri Lanka's central bank has detailed the use of a 50 billion rupee facility for Coronavirus hit business set up along t...

April 3, 2020 2 min read

Sri Lanka appeals for forex inflows to combat COVID-19, lifts inward restrictions

Sri Lanka has relaxed all restrictions on foreign currency inflows while its Central Bank issued a global appeal to Sri ...

April 2, 2020 3 min read

Sri Lanka to control imports except oil and medicines, grow vegetables: Minister

Sri Lanka will ban all non-essential imports except for fuel and medicine and launch a drive to grow vegetables, Co-cab...

April 2, 2020 1 min read