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Monday November 9th, 2026
Economy

Sri Lanka import expenditure drops, remittances, tourism earnings improve in Feb 2023

“The exchange rate appreciated notably in March 2023 following the greater flexibility."

March 31, 2023 3 min read

Sri Lanka launches lower cost national credit card to draw SMEs

The three credit and two debit cards will work on Sri Lanka's Lanka Pay Network and also on JCB's international network

March 31, 2023 2 min read

Sri Lanka tax hike: no response from president, professionals to discuss next steps

“Sadly, there has still been no response,” the GMOA official said.

March 31, 2023 2 min read

Sri Lanka sharply overperforms on 2022 primary deficit target: Treasury Secretary

Without CPC advances, the primary deficit was around 2.7-pct of GDP down from 6.0 percent

March 31, 2023 2 min read
Sri Lanka President says to complete debt restructuring by December 2024

Sri Lanka's debt structuring deal is dragged amid elections

Sri Lanka pharmaceutical sector beginning to grow after crisis

Diabetic drugs and vitamins among drugs which are seeing more demand

US$55mn World Bank loan to Sri Lanka to modernise Jaffna

The World Bank is giving Sri Lanka a loan of US$55 million to improve urban services, preserve cultural and environment ...

July 22, 2016 2 min read

Sri Lanka nation-wide inflation accelerates to 6.4-pct in June 2016

ECONOMYNEXT - Sri Lanka's rate of inflation, as measured by the National Consumer Price Index (NCPI), picked up to 6.4% ...

July 21, 2016 2 min read

Sri Lanka targets 04-pct inflation in 2017

ECONOMYNEXT – Sri Lanka’s government expects to contain inflation at 4.0% in 2017, the same as projected f...

July 21, 2016 1 min read

Sri Lanka budget deficit of 4.7-pct of GDP for 2017 gets cabinet nod

Sri Lanka's cabinet of ministers had approved a budget deficit of 4.7 percent of gross domestic product for 2017, down f...

July 21, 2016 1 min read

Sri Lanka gets US$1.5bn bond proceeds into government reserves

Sri Lanka has received the proceeds of a 1.5 billion US dollar sovereign bond which is now in the country's official for...

July 21, 2016 2 min read

Sri Lanka must show progress on human rights to get GSP+: EU

ECONOMYNEXT – Sri Lanka must show progress in implementing its commitments on human rights to qualify for the GSP...

July 20, 2016 1 min read

Sri Lanka unleashes enforcers to police price controls; Dial 1977

Sri Lanka has unleashed 200 enforcers to police price controls and citizens can inform on shop keepers selling above con...

July 20, 2016 2 min read

Sri Lanka blocked free trade while Singapore allowed freedom

Sri Lanka has lost free trade which made the country a strategic trading hub from ancient times, but Singapore gave trad...

July 19, 2016 4 min read

Sri Lanka and Singapore ink deals on trade, urban development, tech education

Sri Lanka and Singapore has signed agreements to take forward, trade, urban development, cultural, civil service trainin...

July 18, 2016 1 min read

Singapore launches talks for free trade deal with Sri Lanka

SINGAPORE, July 18 (Reuters) - Singapore and Sri Lanka have started talks for a free trade pact, including measures to f...

July 18, 2016 1 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

Sri Lanka manufacturing PMI recovers in June

ECONOMYNEXT – Sri Lanka's purchasing managers index (PMI) for manufacturing recovered in June 2016 after contract...

July 15, 2016 2 min read

Sri Lanka aims for trade deal with UK before Brexit happens: Harsha

ECONOMYNEXT – Sri Lanka hopes to have a separate trade agreement with Britain by the time it leaves the European ...

July 15, 2016 1 min read

Debt service of Sri Lanka's Water Board to be borne by tax payers

The bulk of the debt service relating to projects implemented by the National Water Supply and Drainage Board will be gi...

July 15, 2016 1 min read

Sri Lanka urged to tap diaspora investments

ECONOMYNEXT – The government should adopt a more focused approach to attract investments from Sri Lankans living ...

July 14, 2016 2 min read

Sri Lanka to get US$300mn in Korean loans

ECONOMYNEXT – South Korea will provide Sri Lanka up to US$300 million in soft loans till 2018 under an agreement ...

July 13, 2016 2 min read

Ceylon Chamber forum on Sri Lanka fallout of Brexit, IMF deal, 2016 outlook

Ceylon Chamber of Commerce is holding a seminar on the fallout of Brexit, effects of Sri Lanka's deal with the Internati...

July 13, 2016 1 min read

Sri Lanka's BoI in consultancy deal with Singapore’s Surbana

ECONOMYNEXT – Sri Lanka’s investment promotion agency, Board of Investment (BoI), has signed an agreement ...

July 13, 2016 1 min read

Sri Lanka to call offers private investment for state hotels, hospital shortly

ECONOMYNEXT - Sri Lanka will call offers for investment into two state-run hotels and a hospital shortly, Prime Minister...

July 13, 2016 1 min read

Sri Lanka struggles with tax confusion after court shock

Sri Lankan businesses can only charge value added tax and nation building tax at rates that prevailed before May 02, unt...

July 11, 2016 2 min read

Sri Lanka in move to clear VAT confusion after court shock

Sri Lanka is likely to move an amendment to a value added tax bill now in parliament to accommodate a Supreme Court deci...

July 11, 2016 1 min read