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Tuesday April 16th, 2024
Economy

Sri Lanka imports down 18-pct in Nov 2022

In November exports fell 17.9 percent to 994 million Us dollars

January 9, 2023 1 min read

Sri Lanka's LG polls may derail President's reform agenda, delay IMF loan - analysts

Polls may increase crisis-hit Sri Lanka's uncertainty amid debt restructuring, IMF loan delay

January 9, 2023 4 min read

Sri Lanka bond holders earned high returns, should now take the hit: Picketty, academics

Raises concerns of odious debt

January 9, 2023 16 min read

Sri Lanka begins third round of FTA talks with Thailand

Expects to have the deal in operation from 1Q 2024

January 9, 2023 1 min read
Sri Lanka has not seen rupee pressure from lifting import bans: CB Governor

Only thing we need to have monitor is whether import demand is coming

Sri Lanka tea export revenues slightly down in July

 Sri Lanka exported 22.7 million kilograms of tea in July, down marginally from 44.7 million kilograms last year.

Sri Lanka's last administration also printed money: Minister Cabraal

Sri Lanka's last administration had also printed money almost from the time they started in 2015, though now charges are...

August 28, 2020 3 min read

Government violated the Constitution by passing Votes on Account without Parliament - Harsha

The Main Opposition Samagi Jana Balavegaya (SJB) says the government should admit it violated the constitution when it a...

August 27, 2020 2 min read
2

Sri Lanka to call contractors for Rs6bn flyover in Colombo

Sri Lanka will call bids from domestic contractors shortly to build a flyer in the Slave Island area of the capital Colo...

August 27, 2020 1 min read
1

Sri Lanka cabinet approves changes to tax laws

Sri Lanka's cabinet of ministers had approved changes to a series of tax laws proposed by Prime Minister and Finance Min...

August 27, 2020 1 min read
1

Sri Lanka export agency to help get US and EU approval for Covid-19 nanotech

Sri Lanka's Export Development Board said it getting ready to help get approval from US and EU medical regulators for C...

August 27, 2020 1 min read

'Business facility unit' to expand Sri Lanka's coconut market globally

Sri Lanka’s Coconut Development Authority (CDA) will set up a business facility unit at the Coconut Processing Researc...

Chanka Jayasinghe
August 26, 2020 2 min read

Gotabaya says “turn Samurdhi recipients into micro-entrepreneurs”

President Gotabhaya Rajapakse has said that poverty and social inequality can be lessened by launching new avenues of re...

August 25, 2020 2 min read
1

Sri Lanka comfortable repaying foreign debt, sovereign bond in 2020

Sri Lanka has see no difficulties repaying foreign debt 2020, including a billion dollar sovereign bond, with only 2.5 b...

August 25, 2020 2 min read

Sri Lanka egg output, export opportunity hit by maize import ban, collector oligopoly

Sri Lanka's egg production has been hit with a maize import ban and a powerful collector oligopoly driving up maize pric...

August 24, 2020 3 min read

Sri Lanka seeks parliament nod for Sept-Dec 2020 vote-on-account

Sri Lanka has submitted a draft vote-on-account or mini budget to parliament seeking approval to spend 949.76 billion ru...

August 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 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
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

Advocata commends the launch of E-registry for businesses

Advocata is commending the decision taken by the Department of Census and Statistics (DCS) to launch an e-registry porta...

August 22, 2020 2 min read

Sri Lanka hikes import tax on potatoes

Sri Lanka has hiked the tax on imported potatoes to 55 rupees a kilogram with effect from August for four months, a Fina...

August 22, 2020 1 min read

Sri Lanka to reactivate export development council of ministers

Sri Lanka's newly appointed trade minister Bandula Gunewardene had said he would revive an Export Development Council of...

August 22, 2020 1 min read

Sri Lanka's Sanken gets offshore finance for construction imports amid trade controls

Sri Lanka's Sanken group said it has secured offshore import financing facility suported by Hatton National Bank and Peo...

August 21, 2020 2 min read

Sajith sees a gap between Gotabaya's goals and the plans to achieve them

The Leader of the Opposition Sajith Premadasa says there is a huge gap between the goals laid out in the President’s p...

August 21, 2020 1 min read
1

Sri Lanka statistics office under pressure to show higher economic growth numbers

Sri Lanka's central bank will start discussions with the Department of Census and Statistics after it reported a 1.6 per...

August 21, 2020 2 min read

Sri Lanka import competition controlled, crops banned, fish should be halted: President

Sri Lanka has already controlled imports competing with businessmen, farmers were protected, re-export of exportable pro...

August 21, 2020 2 min read

Sri Lanka could have near zero growth in 2020, despite Covid-19 controlled recovery: Central Bank

Sri Lanka's domestic economic activities and exports are recovering fast with Coronavirus under control, but a 1.6 perce...

August 20, 2020 3 min read

Sri Lanka central bank planning housing loan scheme under govt policy directions: CB Governor

Sri Lanka's central bank will announce a housing loan program for low and middle income borrowers in line with governme...

August 20, 2020 1 min read
1

Sri Lanka policy rate floor unchanged, central bank to slap loan price controls

Sri Lanka's central bank has kept its floor policy rate at 4.50 percnet, which has prevented rates from falling further ...

August 20, 2020 7 min read