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Monday November 9th, 2026
Economy

Sri Lanka to discuss US$200mn World Bank loan for welfare

A social safety net is a priority initiative under an International Monetary Fund program

May 9, 2023 1 min read

Sri Lanka's SJB opposes sale of strategic SOEs, wants competition

“Our foremost objective is to provide the best service at the lowest price to the consumer," the MP said.

May 9, 2023 5 min read

Sri Lanka EU to discuss GSP+ in 2024 at Joint Commission meeting

Sri Lanka and the European Union will discuss GSP+ trade benefits from 09 May onwards.

May 9, 2023 2 min read

World Bank warns Sri Lanka of worsening poverty amid IMF adjustments

Poverty has already doubled last year with higher inflation and rising unemployment.

May 8, 2023 3 min read
Southern Gujarat Chamber proposes Sri Lanka prioritise wedding tourism

SGCCI proposed that Sri Lanka "prioritise Wedding Tourism to tap into the growing Indian market for destination weddings

Sri Lanka among 20 nations chosen to host World Bank’s integrated South Asia office

New office will coordinate among four key World Bank Group institutions

Top Sri Lanka born economist Prema-Chandra Athukorala feted

Prema-Chandra Athukorala, a top Sri Lankan born economist based in Australia whose research work in the Asia-Pacific reg...

December 7, 2016 3 min read

Sri Lanka state Water Supply SOE heading for financial crisis, losses understated

Sri Lanka state-run National Water Supply and Drainage Board is heading for a financial crisis due to the inability to s...

December 5, 2016 2 min read

Sri Lanka rulers target EPF again; Treasury attempts to gain control: report

Sri Lanka's rulers are once again trying to target two pension funds made up of money from private sector workers, a med...

December 4, 2016 2 min read

Sri Lanka to corporatize milibiz hotels, state holiday homes

Sri Lanka will put hotels set up by the military and holiday homes of state agencies in one corporate entity to target t...

December 1, 2016 2 min read

Inflation in Sri Lanka’s capital at 3.4-pct in November

ECONOMYNEXT - Inflation in Sri Lanka’s capital Colombo slowed down to 3.4% in November from a year ago, according...

November 30, 2016 1 min read

Budget under the Sri Lankan President

November 30, 2016 1 min read

Sri Lanka plans Treasuries auctions with non-competitive bids

ECONOMYNEXT - Sri Lanka is planning to revamp its Treasuries auctions with room for non-competitive bids, with new rules...

November 30, 2016 5 min read

Sri Lanka university students marching to rob economic freedoms tear gassed

Students of Sri Lanka's taxpayer funded universities studying at the expense of society who were marching to rob the fre...

November 30, 2016 1 min read

New US-Sri Lanka business council to promote trade, investment

ECONOMYNEXT – A new Sri Lanka - USA Business Council launched Tuesday will help promote trade and investment betw...

November 29, 2016 1 min read

Sri Lanka expects Hambantota port sale proceeds from January

Sri Lanka is expecting payments from China for the sale of Hambantota port to flow in from January 2017, Central Bank Go...

November 29, 2016 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 negotiating US200mn swap with China Development Bank

Sri Lanka's central bank close to finalizing a 200 million US dollar swap with China Development Bank, Governor Indrajit...

November 29, 2016 1 min read

Sri Lanka exports up in September, imports down

Sri Lanka exports grew 5.7 percent from a year earlier to 989 million US dollars in September 2016 and imports fell 2.5 ...

November 29, 2016 1 min read

Sri Lanka holds rates, state credit picks up

Sri Lanka's Central Bank kept policy rates unchanged, saying private credit has started to slow in September but money s...

November 29, 2016 2 min read

Central Bank Watch: Zimbabwe launches new currency; chaos expected

Zimbabwe launched a "bond notes" currency which held its value against the U.S. dollar on Monday, despite warnings that ...

November 29, 2016 4 min read

Sri Lanka sharp tax changes, weak economic freedoms hurting progress

Sri Lanka's sharp hikes in tax rates and weak economic freedoms are undermining the hotel investment environment, despit...

November 29, 2016 3 min read

Sri Lanka to bring new foreign exchange controls

Sri Lanka will bring a new foreign exchange law 'to protect foreign reserves from irregular transactions' a budget for 2...

November 26, 2016 1 min read

Hayleys wins Sri Lanka’s ‘Best Corporate Citizen Sustainability Award’

ECONOMYNEXT – Sri Lanka’s Hayleys PLC group emerged the winner of the ‘Best Corporate Citizen Sustai...

November 25, 2016 3 min read

Sri Lanka loosens policy; signals longer term rates

Sri Lanka's central bank has begun permanently sterilizing forex outflows by outright purchases of domestic assets in a ...

November 25, 2016 5 min read

Sri Lanka trade financing benefited state banks, SOEs, ADB finds

ECONOMYNEXT – Trade financing provided by the Asian Development Bank (ADB) has large been used by Sri Lankan gove...

November 24, 2016 2 min read

Sri Lanka Ayurveda spa to expand to Europe, China, Australia

Sri Lanka's Spa Ceylon Luxury Ayurveda, a brand based on traditional natural treatments and remedies, has opened a secon...

November 24, 2016 2 min read