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Monday November 9th, 2026
Economy

Sri Lanka's EPF makes 47-pct negative real return in 2022

The EPF had also posted a 0.7 percent negative return in 2021

May 8, 2023 1 min read

Sri Lanka banks say regulator assured sector stability in debt restructure

An overall debt restructuring plan is due to be announced later in in May

May 7, 2023 3 min read

Sri Lanka's bill for new monetary law analyzed by W A Wijewardena

The book contains a series of lectures made by the author, over the years.

May 6, 2023 22 min read

Sri Lanka asks ADB to re-classify country to access cheaper funds after default

ADF only countries get access to the most concessional funds.

May 5, 2023 2 min read
Sri Lanka bondholders have sufficient incentives to join exchange: CB Governor

I do not think it would be in the best interests of anyone to holdout

Sri Lanka to grow 4.5 -5.0 pct in 2024, 3.0-pct plus in 2025: CB Governor

It was still too early to make a firm projection for 2025

Sri Lanka exporters say budget tax hikes a disincentive

ECONOMYNEXT – The Exporters Association of Sri Lanka (EASL) said it welcomed measures in the government’s ...

November 23, 2016 2 min read

Sri Lanka sterilizes forex interventions with outright cash

Sri Lanka's central bank bought Rs4.0 billion in Treasury bills from the market participants injecting printed money up ...

November 22, 2016 3 min read

ADB urged to intensify support for Sri Lanka policy reforms

ECONOMYNEXT – The Asian Development Bank (ADB) should intensify support for policy reform in Sri Lanka’s i...

November 21, 2016 3 min read

Sri Lanka national consumer prices rise 5.0 pct y/y in Oct

COLOMBO, Nov 21 (Reuters) - Sri Lanka's rate of inflation, as measured by the National Consumer Price Index (NCPI), rose...

November 21, 2016 1 min read

Sri Lanka domestic credit shrinks in August, forex reserves up

ECONOMYNEXT - Sri Lanka's credit from commercial banks contracted Rs79 billion in August 2016, with credit to the govern...

November 21, 2016 1 min read

Sri Lanka could attract 2,500 Chinese companies: CB Chief

China has indicated that up to 2,500 companies looking to invest abroad could invest in Sri Lanka if the island can crea...

November 21, 2016 2 min read

Sri Lanka economy stabilizing says IMF; US$162mn released

The International Monetary Fund has released 162 million US dollars under its three year program with Sri Lanka saying e...

November 19, 2016 3 min read

Sri Lanka budget approved with more than two thirds majority

Sri Lanka's budget was approved by parliament Friday with an overwhelming majority of 107 votes, far in excess of what t...

November 18, 2016 1 min read

Sri Lanka top chamber backs tighter deficit; warns on interference in business

Sri Lanka's Ceylon Chamber of Commerce, the country's largest trade association, backed the proposed budget with a lower...

November 17, 2016 5 min read

Sri Lanka nationalists re-emerge after Trump win in the US

A senior Sri Lankan minister has started to push nationalism and restrictions on consumer freedoms after white supremaci...

November 17, 2016 4 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 'domestic manufacturers' to make drugs; fears of a canned fish repetition

Sri Lanka's cabinet of ministers had approved the setting up of domestic drug companies as joint ventures with State Pha...

November 17, 2016 2 min read

Sri Lanka tax hikes will strengthen state finances: Fitch

Sri Lanka's tax hikes will strengthen the revenue base, but some of the revenue assumptions look optimistic and governme...

November 16, 2016 4 min read

Sri Lanka to hunt for tax dodgers

ECONOMYNEXT – Sri Lanka’s Inland Revenue Department will carry out islandwide raids on businesses to rope ...

November 16, 2016 2 min read

U.S. manufacturing groups urge Trump to re-think economic nationalism

America's manufacturers are urging President-elect Donald Trump to back off from his most threatening trade rhetoric and...

November 16, 2016 3 min read

Sri Lanka financial transaction tax to be paid by banks: Finance Minister

A debit tax on bank withdrawals will have to be paid by banks, Finance Minister Ravi Karunanayake said, amid rising conc...

November 16, 2016 1 min read

Sri Lanka may charge taxes on listed bonds issued from this month

Sri Lanka is likely to exempt taxes on future interest of bonds issued before the budget in November, but is likely to t...

November 15, 2016 1 min read

Sri Lanka group laments reduced control of rulers after 2017 budget

An activist group has lamented a perceived reduction in the control of Sri Lanka's elected ruling class and bureaucrats ...

November 15, 2016 6 min read

Sri Lanka consumer durables demand to slow down: Fitch

ECONOMYNEXT – Demand for consumer durables in Sri Lanka, which has one of the highest sales taxes in the region, ...

November 15, 2016 3 min read

Sri Lanka to count state workers in broad census

Sri Lanka will count workers of 28,000 state agencies and state enterprises on November 17, comprehensive census that se...

November 15, 2016 2 min read

Green lobby exempted from VAT while healthccare draws tax

Sri Lanka's renewable energy businessmen, who are making billions of rupees by selling high priced power to the people, ...

November 15, 2016 1 min read