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Monday November 9th, 2026
Economy

Sri Lanka detailed debt re-structuring talks start with call for full participation

Call for all creditors to participate

April 14, 2023 2 min read

Sri Lanka trains more female gantry crane operators

State-run Sri Lanka Ports Authority started employing lady gantry crane operators.

April 14, 2023 3 min read

Sovereign default framework to be refined after flaws seen in Sri Lanka, elsewhere

Cut-off dates, treatment of arrears, and perimeter of debt to be restructured, including domestic debt under scrutiny

April 13, 2023 5 min read

Sri Lanka targets Filipino tourists

"Being a country in South Asia, they travel to India and Maldives as well".

April 12, 2023 1 min read
Sri Lanka plans fast growth in tourism, IT, ocean, mineral sectors: President

Sri Lanka will continue with an IMF program to stabilize the financial sector but has strategies for the broader economy

Sri Lanka will have state share in energy, banking: President

Small changes in the energy sector gives deadly illnesses to the economy

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
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 central bank watching rising property prices

Sri Lanka's central bank is keeping a watch on rising land prices in Colombo, Deputy Governor Nandalal Weerasinghe said,...

September 8, 2016 2 min read

Tropical storm 'Roanu' cause US$570mn damage in Sri Lanka

Tropical storm 'Roanu', which triggered floods and landslides in Sri Lanka, had caused at least $570 million of damage a...

September 6, 2016 1 min read

Sri Lanka apparel exports up in June, commodities values down

Sri Lanka's apparel exports rose 1.4 percent from a year earlier to $430.2 million in June 2016, but agriculture and pet...

September 6, 2016 2 min read

Sri Lanka, US agree on greater use of preferential tariffs

ECONOMYNEXT – Sri Lanka and the United States have agreed on an action plan to deepen trade ties between the two ...

September 2, 2016 1 min read

Sri Lanka revises down Aug inflation after calculation error - stat office

COLOMBO, Sept 2 (Reuters) - Sri Lanka has revised down its inflation figure for August after finding a calculation error...

September 2, 2016 1 min read

US helps shape Sri Lanka labour, IP rules to draw investments

ECONOMYNEXT – The United States is helping Sri Lanka improve its laws relating to trade, investment, intellectual...

September 1, 2016 3 min read

Sri Lanka imports, exports fall in June 2016, trade gap up

Sri Lanka's exports fell 5.0 percent from a year earlier to $897 million in June 2016 and imports fell 0.2 percent to $1...

September 1, 2016 1 min read

Sri Lanka, US talks on removing impediments to trade

ECONOMYNEXT – Sri Lankan and American officials will begin a round of talks in Colombo on Thursday to complete a ...

August 31, 2016 2 min read

Sri Lanka consumer prices rise 4.3 pct y/y in August

COLOMBO, Aug 31 (Reuters) - Sri Lanka's consumer prices rose by 4.3 percent in August from a year earlier, slowing down ...

August 31, 2016 1 min read

Japan – Sri Lanka joint partnership secretariat to be set up

ECONMYNEXT – Sri Lanka has announced that it will set up a secretariat to work on a joint partnership agreement w...

August 31, 2016 1 min read