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Monday November 9th, 2026
Economy

SJB, SLFP, TNA absent during Sri Lanka parliament vote on IMF deal

A number of ruling party party members who now sit in the opposition also voted with the government.

April 28, 2023 2 min read

Sri Lanka parliament nod for IMF Deal

Sri Lanka parliament endorsed the IMF reform and associated conditions to be implemented through a vote.

April 28, 2023 1 min read

Standard Chartered Sri Lanka makes Indian rupee outward payment

Sri Lanka's Standard Chartered Bank said it had made its first Indian rupee remittance on behalf of company to Mumbai

April 28, 2023 1 min read

Sri Lanka foreign minister to attend ADB meeting

Sri Lanka's foreign minister Ali Sabry will attend a meeting of Asian Development Bank Governors, on May 02,2023

April 28, 2023 1 min read
ISB committee urge all holders to join Sri Lanka GDP-linked bond exchange

The committee negotiated bonds, whose principal and interest go up if GDP grows faster than expected

Sri Lanka urges all ISB holders to exchange bonds, hopeful on Hamilton

Sri Lanka advisors are separately looking at the issue

Sri Lanka 2017 budget aims for strong economic foundation: FinMin

Sri Lanka's 2017 budget is aiming to lay a strong foundation for growth and lower poverty, Finance Minister Ravi Karunan...

November 10, 2016 1 min read

Sri Lanka to grow 6.3-pct in 2017 with Chinese investments

Sri Lanka's growth will accelerate to 6.3 percent in 2017 from around 5.5 percent 2016 helped by expanding tourism, info...

November 10, 2016 1 min read

UK's Gemfields Plc builds Sri Lanka supply network

Gemfields Plc, a UK-based coloured gemstone firm, said it had added Sri Lanka to its supply chain, building links with s...

November 9, 2016 1 min read

Sri Lanka should improve climate for export FDI's, trim mega state, free trade: Advocata

Advocata Institute, a Colombo-based think tank, is proposing lower trade taxes and trimming public sector expenditure in...

November 9, 2016 19 min read

India abolishes larger banknotes in fight against graft, "black money"

Indian Prime Minister Narendra Modi on Tuesday announced that 500 and 1,000 rupee bank notes would be withdrawn from cir...

November 8, 2016 2 min read

Sri Lanka may retire bunched up bonds around 2021

Sri Lanka may retire dollar bonds that are 'bunched up' and maturing around 2021 with dollar inflows and sovereign offer...

November 8, 2016 2 min read

Call for greater fiscal profligacy in Sri Lanka; expansion of state services

A group of pro-state activists have called for greater spending in Sri Lanka, giving moral support for Sri Lanka's high ...

November 8, 2016 7 min read

Sri Lanka chamber warns on price controls; patients free choice hurt

Sri Lanka's top chamber warned that the free choice of sick people was being robbed as effective 'original' drugs made b...

November 6, 2016 6 min read

Sri Lanka focused on deficit reduction, capital gains on property

Sri Lanka's budget for next year will be "revolutionary" while narrowing the deficit through new revenue measures, inclu...

November 5, 2016 2 min read

Chinese query Sri Lanka allegations of corruption in contracts

COLOMBO, Nov 2 (Reuters) - China has criticised Sri Lankan allegations of bribery in the awarding of contracts to Chines...

November 2, 2016 2 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

Japanese small businesses eye investments in Sri Lanka

ECONOMYNEXT – A delegation representing Japanese small and medium enterprises is visiting Sri Lanka scouting for ...

November 2, 2016 2 min read

New EU project to help strengthen Sri Lankan exports

ECONOMYNEXT – The European Union will launch a project this month to help strengthen Sri Lankan exports to the EU...

November 2, 2016 1 min read

Sri Lanka holds policy rate at 8.50-pct, credit growth slows

ECONOMYNEXT - Sri Lanka's central bank said it is keeping unchanged at 8.50 percent its Standing Lending Facility Rate (...

October 31, 2016 3 min read

Inflation in Sri Lanka’s capital picks up to 4.2-pct in October

ECONOMYNEXT - Inflation in Sri Lanka’s capital Colombo picked up to 4.2% in October 2016 from a year ago after fa...

October 31, 2016 1 min read

Sri Lanka VAT hike credit positive: Moody's

Sri Lanka's imposition of a value-added tax will be credit positive, and keep a programme with the International Monetar...

October 31, 2016 2 min read

Sri Lanka to raise minimum wages for Middle Eastern workers

Sri Lanka will raise minimum wages for workers in the Middle East from 2017, Finance Minister Ravi Karunanayake said.

October 31, 2016 2 min read

Sri Lanka aims for top 70 in Doing Business by 2020

ECONOMYNEXT – Sri Lanka aims to be among the top 70 countries ranked in the World Bank’s doing business in...

October 28, 2016 1 min read

Sri Lanka taxes sweetened milk powder

ECONOMYNEXT – Sri Lanka will charge value added tax (VAT) on sweetened milk powder, both imported and locally-mad...

October 28, 2016 1 min read

Sri Lanka inflation higher in 2017: World Bank

ECONOMYNEXT – Sri Lanka’s inflation will increase this year and the next although the economy’s sta...

October 28, 2016 1 min read

Sri Lanka expects IMF deal to be on track in two weeks: FinMin

Sri Lanka expects a deal with the International Monetary Fund to be back on track in November Finance Minister Ravi Karu...

October 28, 2016 2 min read