An Echelon Media Company
Monday November 9th, 2026
Economy

Sri Lanka cabinet approves 10mn EU grant for sustainable trade project

The four-year project intends to strengthen trade relations between Sri Lanka and the EU by promoting green transition i

November 3, 2026 1 min read

Sri Lanka posts Rs9.5bn mid-year budget surplus on tax surge, capital spending crunch

The primary surplus reached 1,244.1 billion rupees, beating the International Monetary Fund's benchmark of 72 billion

November 3, 2026 2 min read

Sri Lanka’s fuel price hike tests central bank’s inflation target

Central bank chief has predicted higher inflation if higher global oil prices prevail for longer period

November 2, 2026 3 min read

EXPLAINER - How Sri Lanka’s proposed PST, POC bills threaten business confidence, investment

Both bills are seen giving excess powers to police with vaguely defined clauses, legal experts say

November 2, 2026 5 min read
Sri Lanka average household spend nears Rs116k a month in 2025

The Department of Census and Statistics reported that nominal average monthly household expenditure surged 84.1 percent

EU-backed export initiative prepares Sri Lanka SMEs for global markets

The initiative is implemented by the EDB together with the IFC and the European Union,

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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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 manufacturing PMI steady at 53.0 in September, growth continues

Manufacturing activities continued to expand at a similar pace during the month,”

October 15, 2026 1 min read

Sri Lanka to recover Rs9.7bn Port City Treasury spend with first land lease

The commission has already identified four government plots and is preparing to market one of them to investors,

October 15, 2026 2 min read

Sri Lanka Customs set to reach fresh record revenue this year: analysts

Sri Lanka's record revenue of Rs. 2,551 billion was achieved last year

October 14, 2026 1 min read

Sri Lanka President reveals timeline for new laws related to SOE, investments

Sri Lanka has committed for SOE, labour reforms under the IMF deal

October 14, 2026 2 min read

Global borrowing costs rise as bond yields increase: Fitch

Bond yields have risen to multi-decade highs in the US, Germany, UK and Japan in recent weeks

October 14, 2026 1 min read

Sri Lanka to get $100mn ADB loan to strengthen skills training

Aimed at strengthening the country's technical and vocational education and training (TVET) sector.

October 14, 2026 1 min read

Sri Lanka seeks to ease forex regulatory hurdles for electronics exporters

Discussed regulatory and operational issues faced by electronic and electrical manufacturers and how to resolve them

October 14, 2026 1 min read

Sri Lanka President explains measures to speed up capital investment spending

Govt has spent less than 30-pct of this year's capital expenditure budget in first nine months

October 13, 2026 4 min read

Sri Lanka’s 2027 budget to “heavily” focus on rural economic empowerment: President

Sri Lanka's rural poverty has been higher due to lack of economic opportunities

October 13, 2026 4 min read

Sri Lanka Cabinet approves $100mn ADB loan for water sector reforms

The funds will be used to implement the Water Supply and Sanitation Reform Program - Sub-program 2.

October 13, 2026 1 min read