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Monday November 9th, 2026
Economy

Sri Lanka shares slip on banking sector amid fears of local debt restructuring

The main All Share Price Index (ASPI) was down 0.10 percent or 9.38 points to 9,405.90. 

April 17, 2023 2 min read

Sri Lanka plans tourist app for site tickets

"We know where our country's economy is at right now, and we need the dollars as well."

April 17, 2023 2 min read

Sri Lanka budget 2022, deficit 10.2-pct of GDP, revenues 8.2-pct: analysis

Fully 7.2 percent of the current spending was interest payments

April 17, 2023 5 min read

Sri Lanka top court finds multiple clauses in draft monetary law "capricious and arbitrary"

Governor to be suspended by President pending inquiry

April 15, 2023 4 min read
Sri Lanka bondholders in final round of negotiations: report

Sri Lanka is expecting to wrap up a bond exchange in December

Sri Lanka to expand SME according to state plan: President

We have to gain an new expansion of the SME sector according to the wants of the State

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
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's DFCC bank opens solar-powered teller machine

Sri Lanka's DFCC Bank Plc, said it had opened a solar powered automated teller machine at an industrial estate.

September 15, 2016 1 min read

Sri Lanka hires McKinsey to start Malaysia-style unit to 'transform economy'

Sri Lanka will hire US-based McKinsey and Company, a management consultancy to help set up a Malaysia style unit monitor...

September 14, 2016 2 min read

Sri Lanka to slap price controls after charging hefty VAT on hospital care

Sri Lanka will charge a 15 percent tax on patients treated at hospitals owned by members of the community and price cont...

September 14, 2016 1 min read

Sri Lanka to charge 15-pct VAT on air tickets, houses, healthcare, milk products

Sri Lanka will tax air tickets, housing, sweetened milk and healthcare at 15 percent under in value added increases appr...

September 14, 2016 1 min read

Sri Lanka targets 4.7 percent budget deficit for 2017: Fin Min

Sri Lanka is targeting a deficit of 4.7 percent of gross domestic product for 2017, Finance Minister Ravi Karunanayake h...

September 14, 2016 2 min read

Sri Lanka cabinet approves VAT hike; threshold up

Sri Lanka's cabinet of minister's has approved a hike to value added tax to 15 percent with a sharply higher threshold t...

September 13, 2016 2 min read

Sri Lanka's 2016 fiscal deficit goal challenging despite H1 success - economists

COLOMBO, Sept 13 (Reuters) - Sri Lanka fiscal deficit goal for 2016 would still be challenging despite a better-than-exp...

September 13, 2016 2 min read

Sri Lanka unemployment drops to 4.2-pct in 2016 1Q

Sri Lanka's unemployment has dropped to 4.2 percent in the first quarter of 2016 from 4.7 percent a year earlier, with n...

September 13, 2016 1 min read

Sri Lanka forex reserves up US$124mn in August

Sri Lanka's forex reserves rose $124.5 million to $6.613 billion in August 2016 from a month earlier, in a month that th...

September 11, 2016 2 min read

Maldives lures Sri Lanka investment in renewable energy, housing

ECONOMYNEXT – The Maldives has said it wants to broaden trade links with Sri Lanka and announced investment oppor...

September 8, 2016 2 min read