An Echelon Media Company
Monday December 11th, 2023

Sri Lanka merchandise exports down 14.6-pct in Oct 2023

Apparels down 20-pct

December 4, 2023 1 min read

Sri Lanka external government debt falls slightly over Sept 2023 quarter

External government debt includes 4,229 million US dollars in arrears

December 4, 2023 2 min read

ADB, World Bank leads as Sri Lanka gets US$1.5bn in loans in 2023

Debt and interest repayments were 912 million US dollars

December 4, 2023 1 min read

Sri Lanka banks repay debt or collect US$1.7bn to Sept 2023

Banks have repaid or collected US$3.4bn since April 2022

December 3, 2023 4 min read
Sri Lanka plans accreditation for every profession

We hope to introduce many more professional associations like the Bar Association

Sri Lanka Telecom, SriLankan Airlines bid deadlines extended

Request for proposal documents to qualified investors who express interest

Sri Lanka confident of positive responses from creditors: Minister

We are confident that all creditors will look at Sri Lanka positively

November 28, 2023 1 min read

Sri Lanka Chamber Economic Summit begins today

On the theme of 'Sustain Reform, Accelerate Growth'

November 28, 2023 2 min read

Sri Lanka optimistic over China’s Myanmar Corridor proposal - govt official

Sri Lanka has been looking for all opportunities to come out of its unprecedented economic crisis

Shihar Aneez
November 27, 2023 2 min read

Sri Lanka-UAE trade exceeded USD3.9bn in last two years: Ambassador

UAE is one of Sri Lanka’s largest trading partners in the Middle East

Nethmi Rajawasam
November 27, 2023 2 min read

Sri Lanka to get more ADB, WB budget support loans after IMF review

The domestic requirement borrowing requirement will further reduce

November 27, 2023 2 min read

Sri Lanka trying to pay state salary hike from Jan with tax collections


November 26, 2023 1 min read

Sri Lanka gets US$495mn interest free from World Bank as IDA country

Another US$196 for 1.5% and 30-year pay back

November 26, 2023 3 min read

Sri Lanka needs permission from India to develop Trinco oil tanks: Minister

For us to give an asset belonging to us, do we have to ask India? - opposition

November 25, 2023 2 min read

Crisis-hit Sri Lanka eyes $200 mln yearly from foreign ships

“We lose significant revenue because we don’t have ENCs" - Minister

November 25, 2023 2 min read

Sri Lanka to part repay re-auctioned bonds with cash deposits: CB Governor

The government now has deposits in state banks, not overdrafts

November 24, 2023 2 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

Sri Lanka central bank cuts policy rate 100bp to 10-pct

Says sufficient easing has been done

November 24, 2023 6 min read

Sending Sri Lankans to work in Israel is insensitive: Legislator

Sending our workers to a country that is committing war crimes is like sending workers to nazi Germany

November 23, 2023 2 min read

Sri Lanka IMF board date after Paris Club-India, prior actions

Financing Assurances Review is required

November 22, 2023 1 min read

Sri Lanka Minister warns of repeated crisis if politicians don’t back economic recovery

Sri Lanka will go for both presidential and parliament election next year

November 22, 2023 2 min read

Sri Lanka receives 8 RfQ from “potential investors” for Lanka Hospitals PLC

Sri Lanka government has decided to divest many state-owned businesses to reduce losses, recover from crisis

November 22, 2023 1 min read

Sri Lanka seizes smuggled black gram amid protectionist taxes

Sri Lanka Customs has confiscated 9,500 kilos of black gram (undu)

Apsara Rodrigo
November 22, 2023 1 min read

Sri Lanka's indigenous population seek first people's law

The first people face legal impediments to practice their lifestyle

November 22, 2023 2 min read

Sri Lanka budget has not prioritised North East: Legislator

The total allocation for the North and East specifically is 4.25 billion.

Nethmi Rajawasam
November 22, 2023 1 min read

Sri Lanka-China deal positive, all official creditors awaited for review: IMF

Agreement in-principle with China's Exim Bank positive, assurances from other creditors awaited to go forward

November 21, 2023 1 min read

Sri Lanka budget for 2024 passed

Budget passed with 122 voting in favour

November 21, 2023 1 min read