An Echelon Media Company
Monday November 9th, 2026
Economy

Sri Lanka lawmakers raise cronyism fears over rushed tyre import controls

"The exact same thing happened in the tile industry, turning it into a protected duopoly.

November 5, 2026 2 min read

Half of Sri Lanka’s youth want to migrate despite strong sense of belonging: survey

49.1 percent stated they would leave Sri Lanka if given the opportunity.

November 4, 2026 2 min read

Sri Lanka can learn from Uzbekistan model for SOE reforms: fund manager

Sri Lanka has talked about restructuring loss-making state entities for years, Uzbekistan had actually executed reforms

November 4, 2026 2 min read

Sri Lanka’s EPF boosts stake in Tokyo Cement to 10-pct

The Employees' Provident Fund (EPF) has attained a shareholding threshold in both the voting and non-voting shares

November 4, 2026 1 min read
Sri Lanka rolls out ‘One TRADE’ single window portal for tea, coconut exports

Serves as a single electronic entry point for traders to submit, receive, and process applications, declarations,

Sri Lanka poverty rises to 16-pct as inflation drives living costs up

"The substantial rise in the poverty line highlights the importance of accounting for changes in the cost of living

Sri Lanka Cabinet approves $60mn OPEC Fund loan for Mahaweli project Phase 2

The total estimated cost for Phase 2 of the program is 536.5 million dollars

October 27, 2026 2 min read

Sri Lanka approves performance-based framework for SOE collective agreements

The new structure also addresses employee incentives and financial returns.

October 27, 2026 1 min read

Sri Lanka Cabinet clears $100mn ADB loan for economic recovery

The latest tranche consists of 50mn policy-based loan and a 50mn US dollar investment loan from

October 27, 2026 1 min read

Rising inflation and narrowing buffers demand policy action now: IMF

IMF also called for stronger fiscal frameworks, saying governments should rely on targeted support for vulnerable groups

October 27, 2026 1 min read

Sri Lanka services exports rise 0.67-pct in Sep 2026, driven by financial services

Earnings from construction fell to 6.82 million dollars in September 2026, down 43.05 percent year-on-year.

October 26, 2026 1 min read

Sri Lanka goods exports rise 21.66-pct in Sept 2026, driven by electronics, spices

Total merchandise export earnings for the period January to September 2026 amounted to 10.76 billion dollars

October 26, 2026 2 min read

Sri Lanka Customs achieves over 79-pct of  October 2026 target in 21 days

It has already surpassed the 2026 target on Oct 13

October 23, 2026 2 min read

Sri Lanka’s parliament panel discusses new Procurement Act amid slow public fund utilization

October 22, 2026 3 min read

Sri Lanka prepares rubber sector for EU deforestation rules

European Union and Sri Lanka strengthen dialogue on EU Deforestation Regulation

October 22, 2026 3 min read

Sri Lanka’s national inflation steady at 40-month high of 8.1-pct in September

The September NCPI remains stable,compared to a month ago, but stays at highest since June 2023

October 21, 2026 1 min read
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Latest Last
US Dollar 331.7485 330.8514
UK Pound 443.7468 438.3450
Euro 372.5204 371.0168
Yen 2.0969 2.0916
Aus Dollar 233.0533 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.4948 3.4202
Korean Won 0.2499 0.2479
Oman Rial 861.6397 859.3320
Saudi Riyal 88.4403 88.0955
UAE Dirham 90.3209 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
CSE All Share 19,927.30 -0.28%
Turnover Rs 1457.79 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka’s IRD, Excise Dept sign MoU to prevent tax evasion, money laundering

The move comes after Sri Lanka's third mutual evaluation against money laundering, terrorist financing

October 21, 2026 2 min read

ADB approves $100mn for Sri Lanka welfare and growth

The financing comprises a $50 million policy-based loan and a $50 million project loan.

October 21, 2026 2 min read

Fitch Ratings recalibrates Sri Lanka’s national rating scale

The recalibration may result in rating revisions for some issuers with Sri Lankan national ratings.

October 21, 2026 1 min read

Sri Lanka IRD urges 1.2-mn taxpayers to file returns before Nov 30 deadline

This includes individuals who do not have taxable income, as well as those whose taxes have already been deducted at sou

October 19, 2026 2 min read

Sri Lanka holds pre-bid meeting ahead of Domestic Dollar Bond issue

The DDB 2026 will be offered in the domestic market through 15 designated agents comprising primary dealers and banks

October 19, 2026 1 min read

Sri Lanka’s new active credit card expansion continues in July, August 

Active Credit Cards have expanded 6.1 percent or by 131,597 in the first eight months of this year.

October 18, 2026 2 min read

Sri Lanka worker remittances up 5.6-pct to US$734.4mn in Sept 2026

Analysts predict Sri Lanka will see record high remittances this year

October 17, 2026 2 min read

Sri Lanka delays key socio-economic report over data accuracy, compilation 

Sri Lanka has been struggling to provide subsidies only for targeted vulnerable groups due to lack of accurate data

October 16, 2026 3 min read

Kurdistan delegation, Sri Lanka business body discuss expanding trade beyond tea

Discussions covered expanding trade beyond tea, Sri Lanka’s traditional export to Iraq, with potential in food and bev...

October 16, 2026 1 min read

Sri Lanka services expands at slower rate in September 2026: PMI

Reflecting improvements across several sub-sectors, led by financial services, with notable contributions from education

October 15, 2026 1 min read