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Sunday December 3rd, 2023
Economy

Sri Lanka plans to raise revenues to 13-pct of GDP in 2023: Minister

Hopes to raise up to Rs900bn more compared to last year

November 1, 2022 1 min read

Sri Lanka President warns of delay in IMF deal amid China, India issues

However, I don't know whether we can do it

November 1, 2022 3 min read

Sri Lanka inflation eases to 66-pct in October 2022

Non-food sub-index grew 0.7 percent to 215.1 percent

November 1, 2022 2 min read

Sri Lanka hikes company registration fees

Effective October 2022

October 31, 2022 1 min read
Sri Lanka president apologises to Japan for cancellation of light rail project

Wickremesinghe met Japanese Prime Minister Fumio Kishida in Tokyo on Thursday May 25.

Sri Lanka President bets for China-inclusive Asia-led economy

“We want an Asia that can accommodate the Indo-Pacific, the BRI, as well as the ASEAN Outlook on the Indo- Pacific”

Sri Lanka exports rebound in June 2020 as Covid-19 controlled, PPE $100mn

Sri Lanka's exports in June 2019 was down 26 percent from a year earlier to 906.02 million US dollar but extended a stee...

July 18, 2020 2 min read
1

China leads Sri Lanka foreign loans as 2020 projects disrupted by Covid-19

Sri Lanka's foreign loan disbursements plunged 35 percent to 869.8 million US dollars up to April 2020 to 1,353.5 millio...

July 17, 2020 3 min read

CEB customers need to pay only what they paid in February for March, April and May - Cabinet

Electricity consumers facing huge bills after the COVID 19 lockdown are to be given further relief at a loss of Rs 3bn t...

July 16, 2020 2 min read

Sri Lanka to bar foreigners from construction, IT deals to boost locals in Covid-19 crisis: Minister

Sri Lanka plans to stop foreign firms from competing state construction projects and supplies to government agencies inc...

July 16, 2020 2 min read

Sri Lanka extends Coronavirus exchange controls till Jan 2021 after printing money

Sri Lanka's central bank has extended exchange controls slapped as large volumes of money printing in March and April 20...

July 16, 2020 4 min read

Sri Lanka Airlines to lose Rs34bn in 2020, loses Rs9bn in two months

State-run SriLankan Airlines (SLA) has lost 48.7 million US dollars (about 9 billion rupees) in April and May 2020 and i...

July 16, 2020 2 min read

Sri Lanka military eyes driving license production business

Sri Lanka's military is planning to get into the business of producing driving licenses from next year amid a controvers...

July 15, 2020 1 min read

Sri Lanka issuing Treasury letters confirming state debts to contractors and suppliers

Sri Lanka has begun issuing letters to government contractors and suppliers confirming that they are owed money by the s...

July 14, 2020 2 min read

Sri Lanka embassy in Vietnam in push to knit apparel industries together

Sri Lanka's embassy in Ha Noi said it had started talks with Vietnam's apparel industry body in a bid to explore co-oper...

July 14, 2020 2 min read

Sri Lanka's CPC loses Rs45 billion to April 2020 amid soft-peg collapse

Sri Lanka's state-run Ceylon Petroleum Corporation lost 45.1 billion rupees in the four months to April 2020, as the rup...

July 14, 2020 2 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
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

Sri Lanka allows US$15,000 to be kept in possession, deposit in SDA forex account

Sri Lanka has allowed up to 15,000 US dollars or equivalent to be kept in possession up from 10,000 dollars earlier and ...

July 14, 2020 4 min read

Sri Lanka imports collapse 44 percent in May, after lockdowns, Nixon's shock

Sri Lanka's imports have collapsed 44.3 percent to 994 million US dollars amid after Coronavirus lockdowns which hit con...

July 14, 2020 2 min read

Sri Lanka central bank 'unprints' money

Sri Lanka's central bank has sold down its Treasury bills stock for the second week, taking its holdings of Treasury bil...

July 13, 2020 5 min read

Sri Lanka central bank controversy with President erupted without prior discussion: Governor

A tongue lashing given by President Gotabaya Rajapaksa over a delay in the central bank giving loans with re-finance (pr...

July 13, 2020 3 min read

Autogroup Sri Lanka re-exports right hand drive US cars to Australia, UK

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July 12, 2020 2 min read

Sri Lanka state fertilizer deals won by Swiss Singapore and Midgulf International

Sri Lanka's state owned enterprises engage in fertilizer distribution have awarded contracts for 75,000 metric tonnes of...

July 12, 2020 1 min read

Sri Lanka attracts US$86mn deposits into Coronavirus accounts

Sri Lanka's special foreign exchange deposit accounts with an open call to resident and non-resident individuals as the ...

July 11, 2020 2 min read

Sri Lanka central bank complied with govt directions as allowed by law: Deputy Governor

Sri Lanka's central bank had complied with government directions as permitted by available monetary law, central bank of...

July 10, 2020 5 min read

Sri Lanka forex reserves recover to US$6.7bn in June: Central Bank

Sri Lanka's forex reserves have recovered to 6.7 billion US dollars in June from 6.49 billion US dollars in May helped w...

July 9, 2020 2 min read

Sri Lanka GDP to contract in 2Q 2020, but recover in second half: CB

Sri Lanka is expecting a contraction of gross domestic product in the second half of 2020 and a 1.5 percent GDP growth f...

July 9, 2020 1 min read