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Monday November 9th, 2026
Economy

Sri Lanka President plans to send university students to Harvard, Cambridge

We aim to provide four talented students with foreign scholarships to renowned universities

April 4, 2023 4 min read

Sri Lanka airport moves to tackle congestion as tourists return

Also attempting to re-start suspended Japanese funded terminal.

April 3, 2023 2 min read

Sri Lanka to launch remittance mobile app to boost inflows from expatriates

The app will be an incentive for expatriates who use formal banking channel

April 3, 2023 1 min read

International community turning blind eye to Sri Lanka concerns, IMF deal must ensure rights: AI

With the government we raised alarm bells around the proposed anti-terrorism legislation

April 3, 2023 4 min read
Sri Lanka’s tourism, remittance inflows up 23.4-pct in Jan-Oct 2024

Remittances, tourism earnings have helped Sri Lanka's economic recovery from sovereign default

Sri Lanka sees foreign inflows into govt securities for 8th straight week

Sri Lanka has seen Rs.15.5 bln inflow in two months after suffering an outflow of Rs.78.1 bln in Jan-Sept

Sri Lanka forex reserves rise to US$6.4bn by July: CB Official

Sri Lanka's forex reserves rose to 6.4 billion US dollars by the last week of July up from 5.3 billion US dollars at the...

July 30, 2016 1 min read

Sri Lanka wants private credit to slow to 20-pct: CB Governor

Sri Lanka would like to see private credit growth to slow to around 20 percent by the year-end from the current 28 perce...

July 29, 2016 2 min read

Sri Lanka inflation in Colombo 5.5-pct in July 2016

ECONOMYNEXT - Consumer prices in the Sri Lankan capital Colombo rose by 5.5 percent in July from a year ago, deceleratin...

July 29, 2016 1 min read

Sri Lanka can top 5.0-pct growth after rate hike: CB Governor

Sri Lanka raised policy rates to 'lean against' any fiscal slippage from a delayed value added tax hike and higher than ...

July 29, 2016 1 min read

John Keells Holdings profits up 9-pct in June

Profits at Sri Lanka's John Keells Holdings rose 9 percent to 2.3 billion rupees in the June 2016 quarter from a year ea...

July 29, 2016 1 min read

Sri Lanka tightens monetary policy under new CB Governor

Sri Lanka raised its policy rate at which printed money is 50 basis points to 8.50 percent, reducing arbitrage profits t...

July 29, 2016 4 min read

Sri Lanka raises policy rate by 50bp to 8.50-pct

ECONOMYNEXT - Sri Lanka's central bank Thursday raised to 8.50 percent its Standing Lending Facility Rate (SLFR), the po...

July 28, 2016 4 min read

Sri Lanka tax breaks for companies leasing state land

Sri Lanka’s government has decided to give tax relief that benefit mainly small and medium enterprises which leas...

July 28, 2016 1 min read

Sri Lanka CB Governor promises stability, no quick monetary 'sugar highs' for markets

Sri Lanka's central bank will aims to create a stable environment for companies to grown and make higher profits but the...

July 28, 2016 3 min read

Sri Lanka professionals misleading public on India trade deal, govt says

Sri Lanka’s government said professional and business lobbies opposing efforts to enter into an economic pact wit...

July 27, 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

China wants 15,000 acres in southern Sri Lanka

China has asked for 15,000 acres or 60 square kilometres of land in southern Sri Lanka for its investors, Minister of De...

July 27, 2016 1 min read

Sri Lanka seeks priority access for tea, apparel in India, China

Sri Lanka’s government is giving priority to getting duty free access to the Indian and Chinese markets for its m...

Rohan Gunasekera
July 26, 2016 1 min read

Sri Lanka in successive trade deal talks with China, India, Singapore

ECONOMYNEXT – Sri Lanka will begin a series of talks on clinching free trade deals with China, India and Singapor...

July 26, 2016 1 min read

Sri Lankan finance minister says too few tax payers

Sri Lankan government tax collections remain insufficient with only a relatively few companies and individuals shoulderi...

July 25, 2016 2 min read

Sri Lanka business conditions improving, German envoy says

ECONOMYNEXT – Business conditions in Sri Lanka are improving, Germany’s envoy has said, urging German comp...

July 24, 2016 2 min read

Sri Lankan exporters want govt coalition partners to have common policy

ECONOMYNEXT - Sri Lanka’s top export business chamber has called for government coalition partners to agree on a ...

July 24, 2016 2 min read

Sri Lanka tax-payers in fresh Rs11.7bn bailout of SriLankan Airlines

SriLankan tax payers have just paid out 80 million dollars (about 11.7 billion Sri Lanka rupees) to bailout state carrie...

July 23, 2016 2 min read

Frequent tax changes, retrospective levies cause uncertainty: Treasury Secretary

Frequent changes to tax regimes create uncertainty, U.S. Treasury Secretary Jack Lew said on Saturday at a G20 meeting o...

July 23, 2016 1 min read

New World Bank Country Director on visit to Sri Lanka

ECONOMYNEXT - Idah Pswarayi-Riddihough, the new World Bank Country Director for Sri Lanka and Maldives is visiting Colom...

July 22, 2016 2 min read

US$1bn loan from Bank of Tokyo – Mitsubishi for Sri Lanka roads

ECONOMYNEXT – The Bank of Tokyo – Mitsubishi UFJ Ltd. (BTMU) has agreed to give a concessional yen loan eq...

July 22, 2016 1 min read