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Monday November 9th, 2026
Economy

Sri Lanka workers in Middle East sending money, while more educated do not: Minister

Attempting to raise salaries of Gulf workers

April 27, 2023 3 min read

Sri Lanka exceeds IMF primary budget balance target for first quarter 2023

Primary surplus in balance, taxes up 56-pct, though a little below initial estimates

April 27, 2023 3 min read

S&P confirms Sri Lanka 'SD' sovereign rating, rupee debt outlook negative

Ratings could be lowered further if rupee debt is re-structured

April 26, 2023 11 min read

Sri Lanka to ink fuel retail deals with Sinopec, RM Parks-Shell in May

The minister met a Sinopec team that arrived in the island the previous day to finalise the agreements.

April 26, 2023 2 min read
Sri Lanka sets December 12 deadline to exchange defaulted bonds

Sri Lanka plans to present its national budget in February

Foreigners buy Sri Lanka’s govt securities for 10th straight week on net basis

Offshore investors expect a rate cut at the Monetary Policy Review meeting this week: analysts

Sri Lanka Prime Minister's policy statement

Prime Minister Ranil Wickramasinghe's full policy statement made in parliament on October 27 is reproduced below.

October 28, 2016 22 min read

Chinese firms to take-over Hambantota port, Mattala airport, repay debt: PM

Chinese firms will take-over Hambantota Port and Mattala Airport to help repay nearly a billion dollars of debt taken fr...

October 28, 2016 1 min read

Sri Lanka's sick risk losing best drugs after price controls: industry body

Sri Lanka runs the risk of 'original' drugs going off the shelves, depriving patients of free access of the most effecti...

October 27, 2016 3 min read

Sri Lanka to give support for domestic firms to export: PM

Sri Lanka will provide a 'trade adjustment facility' including capital allowances to help domestic companies to be compe...

October 27, 2016 1 min read

Sri Lanka’s bumbling bureaucrats block paperless trade, deter investors

ECONOMYNEXT – Sri Lankan businesses alarmed over weakening export competitiveness are praying for prime ministeri...

October 27, 2016 3 min read

Sri Lanka slides down World Bank ease of doing business index

ECONOMYNEXT – Sri Lanka has dropped one place in the World Bank’s ease of doing business index despite som...

October 27, 2016 2 min read

Parliament approves Sri Lanka's much delayed VAT bill

Sri Lanka's parliament Wednesday approved the controversial bill to amend for Value Added Tax with 112 members voting f...

October 26, 2016 1 min read

Sri Lanka targets 10 pct cut in total expenditure next year

COLOMBO, Oct 25 (Reuters) - Sri Lanka will curb its total expenditure by around 10 percent to 3.33 trillion rupees ($22....

October 25, 2016 2 min read

Sri Lanka's delayed VAT bill gets court nod

ECONOMYNEXT - Sri Lanka's Supreme Court has given its approval for the amended Value Added Tax bill clearing the way for...

October 25, 2016 1 min read

Danish business team seeks investments in Sri Lanka

ECONOMYNEXT – A business delegation from Denmark will be visiting Sri Lanka from the 1st of November to the 4th o...

October 24, 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 losing competitiveness owing to e-commerce delays

ECONOMYNEXT – Lengthy delays in switching to electronic documentation has led to a Sri Lanka’s export comp...

October 24, 2016 2 min read

Sri Lanka nationwide inflation picks up to 4.7-pct in September

ECONOMYNEXT – Nationwide inflation in Sri Lanka in September 2016 picked up to 4.7% from 4.5% in August, on a yea...

October 21, 2016 1 min read

Sri Lanka business chamber welcomes export proceeds rule extension

ECONOMYNEXT – The Ceylon Chamber of Commerce has welcomed the easing of the rule on repatriation of export earnin...

October 20, 2016 2 min read

Antwerp diamond traders to buy more stones from Sri Lanka

October 20, 2016 1 min read

Sri Lanka to urgently enact anti-dumping laws

ECONOMYNEXT – Sri Lanka is to urgently enact anti-dumping laws, on which legislators have dawdled for 10 years, a...

October 20, 2016 2 min read

Sri Lanka makes case to restore GSP+ to EU parliamentarians

Sri Lanka's Prime Minister Ranil Wickremesinghe had met members of the European parliament to press for restoration of a...

October 19, 2016 1 min read

European Union to provide Rs34bn to Sri Lanka

The European Union will provide 210 million euros (Rs34 billion) over the next four years, doubling assistance to Sri La...

October 19, 2016 1 min read

Sri Lanka GSP+ application under technical process

Sri Lanka's application to get back GSP+ trade concessions is going through a technical process, a top European Union of...

October 19, 2016 1 min read

Sri Lanka growth constraints highlighted in pre-budget talks

ECONOMYNEXT – The Ceylon Chamber of Commerce has highlighted constraints to growth in a range of sectors from agr...

October 18, 2016 1 min read

Sri Lanka seafood, apparel exports up in July

Sri Lanka's seafood exports to the European Union picked up 19.9 percent in July 2016 from a year earlier, following the...

October 17, 2016 1 min read