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Monday November 9th, 2026
Economy

Sri Lanka remittances return to pre-output gap targeting levels in March 2023

Before the central bank started to mis-target rates monthly remittances ranged from US$500 to 600mn

April 7, 2023 2 min read

Sri Lanka to introduce STEAM education to address shortcomings: official

Developing subjects such as nanotechnology, biotechnology, genetic technology should be opened to school children

April 6, 2023 2 min read

Sri Lanka sees export potential for jackfruit amid planting drive

In the first stage 75,000 jackfruit will be planted in state land. 

April 6, 2023 2 min read

Sri Lanka personal income tax collections surge with lower slabs, higher rates

Sri Lanka hiked personal income tax rates, including payroll taxes in 2023

April 6, 2023 1 min read
IMF's Senior Mission Chief meets Sri Lanka's former President: ex-minister

IMF's Senior Mission Chief met with former President Ranil Wickremesinghe and team, Shehan Semasinghe said

Possible impact of Trump presidency on Sri Lanka's exports analysed by IPS

The US is a key destination for Sri Lanka exports.

Sri Lanka mulls another tobacco tax hike

Sri Lanka is considering another hike in the tobacco tax, and the proposal has been sent for finance ministry observatio...

August 11, 2016 1 min read

Sri Lanka to adopt Swiss Challenge process for unsolicited proposals

Sri Lanka will follow a 'Swiss Challenge' process to entertain unsolicited proposals made to the government on future pr...

August 10, 2016 1 min read

Sri Lanka court returns VAT 'bill' to House

ECONOMYNEXT - Sri Lanka's Supreme Court has refused to consider the VAT amendment bill because the finance minister had ...

August 9, 2016 1 min read

Sri Lanka maritime forum to showcase 'Make in India' opportunities

Sri Lanka will host the second Colombo International Maritime conference 2016 in September where opportunities provided ...

August 9, 2016 1 min read

Top US official for trade, investment talks in Sri Lanka

ECONOMYNEXT – The United States Assistant Secretary of State for Economic and Business Affairs Charles H. Rivkin ...

August 8, 2016 1 min read

Chinese SMEs seek business with Sri Lanka

ECONOMYNEXT – Chinese small and medium enterprises are seeking more business links with counterparts in Sri Lanka...

August 8, 2016 1 min read

Sri Lanka forex reserves rise to US$6.4bn in July

Sri Lanka's forex reserves rose to $6.485 million in July 2016, from $5,295 million in June, following the sale of a $1....

August 7, 2016 3 min read

Veteran banker Nihal Fonseka appointed to Sri Lanka Central Bank board

Nihal Fonseka, a veteran banker, has been appointed as a member of the governing board of Sri Lanka's central bank.

August 5, 2016 1 min read

Call to abolish Sri Lanka's land reform law

Sri Lanka should abolish a land reform law that placed ceiling on citizens' ownership of private land to 20 hectares, bl...

August 4, 2016 2 min read

Ordinary villagers will not care if SriLankan Airlines is privatised: JVP chief

A Sri Lankan villager in a remote area will not care if loss-making SriLankan Airlines is privatised, but the government...

August 3, 2016 4 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 to set up Public Enterprise Board; new law next month

Sri Lanka is to introduce a law to state-owned enterprises and set up a Public Enterprise Board with top executives sour...

August 3, 2016 2 min read

Sri Lanka needs structural reforms for sustained growth: CB Governor

Sri Lanka needs structural reforms for sustained growth, and monetary policy has to play a stabilization role to allow p...

August 3, 2016 5 min read

Sri Lanka can collect Rs700bn more from customs duty: FinMin

ECONOMYNEXT - Sri Lanka can boost customs revenue by Rs700 billion to Rs1,500 billion a year by installing scanning mach...

August 2, 2016 1 min read

Sri Lanka needs fiscal discipline to come out of economic crisis: President

Sri Lanka has engaged in large scale mis-spending that has pushed up debt, and has to re-think subsidies, but cutting en...

August 2, 2016 2 min read

Sri Lanka resorting to 'supreme idiocy' of price controls: Razeen Sally

Sri Lanka's economic policy has deteriorated to the 'supreme idiocy' of resorting to price controls after generating inf...

August 2, 2016 2 min read

Sri Lanka apparel exports up 3.1-pct in April

Sri Lanka's apparel exports in April 2016 rose 3.1 percent from a year earlier to $340.5 million, with shipments in the ...

August 2, 2016 1 min read

Sri Lanka economic forum on boosting growth, trade and investment kicks off with President

An economic forum organised by Sri Lanka's Ceylon Chamber of Commerce will be inaugurated Tuesday by President Maithripa...

August 2, 2016 2 min read

Sri Lanka budget deficit narrows up to May: CB official

Sri Lanka's budget deficit has narrowed to 2.7 percent of estimated gross domestic product for 2016, down from 2.7 perce...

August 1, 2016 1 min read

World Bank's Sri Lanka strategy targets economic stability, social inclusion

ECONOMYNEXT – The World Bank Group’s new Country Partnership Framework (CPF) for Sri Lanka up to 2020 emph...

August 1, 2016 2 min read

Sri Lanka exports down in May, remittances, tourism up

Sri Lanka's imports rose 0.3 percent from a year earlier to 1,590 million US dollars in May 2016, exports fell 12.0 perc...

July 31, 2016 1 min read