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Saturday September 30th, 2023
Economy

Sri Lanka and UNDP in talks to help those made vulnerable by soft-peg

Sri Lanka has expressed its willingness to work with UNDP and continue its cooperation.

August 14, 2022 1 min read

Sri Lanka coconut auction prices continue to climb

Buyers offered 1,019,395 nuts at the auction and sold 576,906 nuts. 

August 13, 2022 1 min read

Sri Lanka built on loans, not tax revenue: Industries Minister

"The change should come from every person and should not just be expected from politicians," he said.

August 12, 2022 2 min read

Sri Lanka pro-govt legislator calls for privatisation of SriLankan Airlines

“We are a broken nation and we all need to get together and [uplift] the broken nation."

August 12, 2022 2 min read

Sri Lanka has to prepare a way forward strategy for a post-Covid19 era: Cabraal

Sri Lanka has to prepare for post a Covid-19 era, where the way the global economy works would change, Nivard Cabraal, S...

March 26, 2020 1 min read

Sri Lanka in zero new Coronavirus case day amid anti-Covid-19 curfews

Sri Lanka recorded the first zero new Coronavirus case day on March 25, as the country was engaged in an intense battle ...

March 26, 2020 3 min read

World Bank, IMF asks creditors to give Coronavirus relief to Sri Lanka, 75 others

Washington-based World Bank has together with the International Monetary Fund, asked creditor countries to suspend debt ...

March 25, 2020 2 min read

Sri Lanka asks for international debt relief on Coronavirus hit

Sri Lanka has asked international lending agencies to give debt relief for vulnerable nations as a Coronavirus pandemic ...

March 25, 2020 1 min read

Sri Lanka, Vietnam in Coronavirus battle of wits to bust the Covid-19 bug

As the deadly Coronavirus is sweeping the globe and claiming the thousands of lives, Sri Lanka and Vietnam are waging a ...

Asantha Sirimanne
March 25, 2020 9 min read

Sri Lanka declares three districts as "high risk" for COVID19; organises home delivery of essentials

Sri Lanka has declared three districts including that of the capital Colombo as high risk for the spread of COVID19 and ...

March 24, 2020 1 min read

Sri Lanka has food for several months says agri ministry, Coronavirus count 97

Sri Lanka has enough food for several months, the Ministry of Agriculture said, while urging people not to crowd around ...

March 24, 2020 2 min read

Sri Lanka delays tax and debt collections, state to intervene in financial markets

Sri Lankan President Gotabaya Rajapaksa in a statement said a host of new relief measures to combat the COVID-19 coronav...

March 24, 2020 4 min read

Sri Lanka President pledges US$5mn to Modi's South Asia Coronavirus fund

Sri Lanka President Gotabaya Rajapaksa has pledged 5 million US dollars to a South Asian emergency fund for anti-Coroanv...

March 23, 2020 1 min read

Sri Lanka president has powers to spend, fund Coronavirus fight: PM

Sri Lanka's President has constitutional powers to allocate funds for government activities as well as the fight against...

March 23, 2020 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
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
Latest Last
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

As Coronavirus curfew lifts Sri Lanka retailers to restrict entry, limit panic buying

Sri Lankan supermarket chains will limit the number of customers entering stores in a move to control the spread of Coro...

Mahadiya Hamza
March 22, 2020 3 min read

Co-op stores to open soon as curfew is lifted

Prime Minister Mahinda Rajapaksa has advised officials to ensure that food and other essential commodities are released ...

March 21, 2020 1 min read

Sri Lanka makes mini-budget till May 2020 under Presidential powers

Sri Lanka has made a three month mini-budget running from March to May 2020, using constitutional powers given to Presid...

March 21, 2020 2 min read

Sri Lanka to buy US$760mn in chemical fertilizer

Sri Lanka's cabinet of ministers has approved the purchase of 760 million US dollars in chemical fertilizer from the wor...

March 20, 2020 1 min read

Sri Lanka in lockdown-style Coronavirus curfew as count moves up, markets wobble

Sri Lanka Friday announced lockdown-style curfews to cover the entire country, while island's Coronavirus count went to ...

March 20, 2020 4 min read

Sri Lanka halts imports of cars, electronics, perfumes, after soft-peg pressure

Sri Lanka has halted the imports of cars, perfumes, tyres, footwear, airconditors, refrigerators, mobile phones, televis...

March 20, 2020 2 min read

Sri Lanka biz chambers suggest COVID-19 strategies

Sri Lanka's Joint Chambers of Commerce has written to President Gotabaya Rajapaksa suggesting ways to overcome the curre...

March 19, 2020 6 min read

Sri Lanka President okays funds for Covid-19 battle, troubled firms: Minister

Sri Lanka's President Gotabaya Rajapaska had released 64 billion rupees to government supplier including importers of dr...

Imesh Ranasinghe
March 19, 2020 1 min read

Sri Lanka to fix fuel prices, build energy stability fund amid COVID-19 crude collapse

Sri Lanka to build a 200 billion rupee fuel price stability fund, by keeping oil prices fixed Minister Bandula Gunewarde...

March 19, 2020 2 min read

Sri Lanka gets US$500mn loan to help fight Coronavirus China says

China and Sri Lanka had inked a 500 million dollar loan agreement which could be used to fight Coronavirus Beijing's emb...

March 18, 2020 1 min read