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Monday November 9th, 2026
Economy

Sri Lanka trade taxes below target in 2023 Q1 due to import controls: Minister

Plans to lift import more import controls

April 19, 2023 2 min read

Sri Lanka's Consumer Affairs Authority contributory party to economic crisis: Minister

Aggrieved parties may be able to go the Supreme Court to seek redress

April 19, 2023 3 min read

Sri Lanka to spend Rs206bn on revised welfare benefit program

To be based on poverty gap

April 18, 2023 1 min read

Sri Lanka consumer confidence spikes in March following IMF deal: survey

There was broad improvement in consumer sentiment in March, during which the IMF approved new funding for Sri Lanka.

April 17, 2023 2 min read

Sri Lanka's Sept core inflation picks up slightly, despite tightening

COLOMBO, Sept 30 (Reuters) - Sri Lanka's core inflation picked up slightly in September, data from the Department of Cen...

September 30, 2016 1 min read

Sri Lanka growth to reach 5.0-pct in 2016, despite tighter policy: CB Governor

Sri Lanka's economic growth will pick up in the second half of 2016 to end the year between 5.0 to 5.3 percent, despite ...

September 28, 2016 3 min read

Sri Lanka keeps rates unchanged, expects credit to slow

Sri Lanka is keeping policy rates unchanged in September though credit growth was at 28.5 percent in July it was expecte...

September 28, 2016 2 min read

Sri Lanka India trade talks to continue in Delhi

Sri Lanka and India will hold negotiations on a proposed trade deal that will bring the economies of the two countries c...

September 28, 2016 1 min read

India to invest $2 bln in Sri Lanka in next four years - minister

India will invest up to $2 billion in Sri Lanka over the next four years in a range of sectors including real estate, en...

September 28, 2016 1 min read

US helps Sri Lanka do PPP national policy, regulations

ECONOMYNEXT – The United States is helping Sri Lanka prepare a national policy and strategy on Public Private Pa...

September 26, 2016 2 min read

Sri Lanka VAT charge only on taxable goods turnover

ECONOMYNEXT – Value Added Tax (VAT) will be charged only on the turnover of goods liable for VAT under planned le...

September 26, 2016 4 min read

IMF urges Sri Lanka to have predictable tax system

Sri Lanka should complete the implementing value added tax and start work on a new income tax law to make the tax system...

September 26, 2016 2 min read

Sri Lanka should be ready to tighten monetary policy: IMF

Sri Lanka should be ready to tighten monetary policy if inflation and credit growth remains high, the International Mone...

September 26, 2016 2 min read

Sri Lanka confirms tax breaks for expanded China Port City

ECONOMYNEXT - Sri Lanka's has confirmed tax breaks for an expanded China Port City, originally promised by the ousted Ra...

September 25, 2016 2 min read
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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

VAT delay key sticking point in Sri Lanka IMF deal

Sri Lanka has to bring to parliament a bill to implement a value added tax to meet requirements for an International Mon...

September 23, 2016 1 min read

Sri Lanka has to leverage knowledge, new ideas to move forward: Prime Minister

Sri Lanka's education system, research organisations and private companies have to work together to develop human resour...

September 23, 2016 3 min read

Fitch confirms Abans Plc 'BBB+(kla) rating; warns on consumer durable demand

Fitch Ratings has confirmed a 'BBB+(lka)' investment-grade domestic rating from Abans Plc, a Sri Lanka-based consumer du...

September 22, 2016 5 min read

Sri Lanka nationwide inflation slows to 4.5-pct in August

ECONOMYNEXT – Nationwide inflation in Sri Lanka in August 2016 fell to 4.5 percent from 5.8 percent in July 2016,...

September 21, 2016 1 min read

Petroleum minister battles Sri Lanka's secretly hatched prerogative tax

Sri Lanka's petroleum minister said talks have begun with the finance ministry to reduce a prerogative tax imposed by th...

September 20, 2016 3 min read

Rotten specialists, killer profits plague Sri Lanka drug market

A court case filed by a drug company seeking a de facto monopoly for an expensive cancer drug has exposed a corrupt nexu...

September 17, 2016 3 min read

Sri Lanka GDP slowed by agriculture in 2016 first half; credit driven sectors grow

Sri Lanka's gross domestic product expanded 3.9 percent in the second half of 2016 down from 5.3 percent a year earlier ...

September 17, 2016 1 min read

Sri Lanka charges steep tax on brown sugar

Sri Lanka has raised a tax on white sugar to 2.0 per kilogram, while brown sugar will be charged a tax of 15 rupees, the...

September 16, 2016 2 min read

Sri Lanka manufacturing, services PMI expands in August

ECONOMYNEXT – Sri Lanka's purchasing managers index (PMI) for manufacturing and services expanded in August 2016 ...

September 16, 2016 2 min read

Sri Lanka's economy grew 2.6-pct in second quarter of 2016

ECONOMYNEXT – Sri Lanka’s economy grew 2.6% in the second quarter of 2016 from a year ago, supported mainl...

September 15, 2016 3 min read