An Echelon Media Company
Monday November 9th, 2026
Economy

Sri Lanka President raps opposition for acting against IMF deal after approval

Opposition backed state sector trade unions led protest against tax hike

March 22, 2023 4 min read

Sri Lanka, private creditors should make call on state contingent bonds: IMF official

it's really up to them to find some kind of instrument that works for both parties

March 22, 2023 1 min read

Ceylon Chamber of Commerce calls for public support for Sri Lanka IMF programme

“The country cannot afford any pauses in the programme, or returning for an 18th program with the IMF."

March 22, 2023 3 min read

Sri Lanka President seeks parliament nod for creditor negotiations

The approval will be needed by the third week of April

March 22, 2023 1 min read
Singapore to keep appreciating currency to cut inflation as Sri Lanka sees 12-month deflation

Singapore does not have a policy rate, which allows macro-economists to print money to boost credit

Sri Lanka PPP's under spotlight at Ceylon Chamber forum

Sri Lanka's Ceylon Chamber of Commerce said it will host a session on Public Private Partnerships at a economic forum on...

June 20, 2016 1 min read

Sri Lanka inflation nears 4.9-pct IMF ceiling ahead of June deadline

ECONOMYNEXT - Sri Lanka's central bank has generated 4.8 percent inflation up to May 2016, a tad short of the 4.9 percen...

June 20, 2016 2 min read

Sri Lanka tea regulator to crack down on criminals

ECONOMYNEXT – Sri Lanka’s Minister of Plantation Industries Navin Dissanayake said he intends to clean up ...

Rohan Gunasekera
June 18, 2016 1 min read

EU ends fisheries ban from Sri Lanka, GSP+ next: Prime Minister

ECONOMYNEXT - The Council of the European Union had approved lifting a ban on fisheries exports from Sri Lanka and the c...

June 17, 2016 1 min read

Sri Lanka IMF report spotlight on controversial bond deal

ECONOMYNEXT - An International Monetary Fund staff report highlighted a controversial bond auction in March 2016, where ...

June 17, 2016 2 min read

Sri Lanka policy predictability may improve with IMF; meeting targets key: Fitch

ECONOMYNEXT - Sri Lanka's program with the International Monetary Fund can improve policy predictability and help streng...

June 17, 2016 2 min read

Guangzhou firms scout for investments in Sri Lanka

ECONOMYNEXT – Executives from companies in Guangzhou, the capital of south China’s Guangdong province, are...

June 16, 2016 1 min read

Sri Lanka to borrow $350mn from Türk Exim Bank

ECONOMYNEXT – Türk Exim Bank will give a $350 million loan to the Sri Lankan government under a deal to be sig...

June 15, 2016 1 min read

Sri Lanka's economy grew 5.5-pct in 2016 Q1

ECONOMYNEXT – Sri Lanka's economy grew 5.5 percent in the first quarter of 2016 from a year ago, led by industria...

June 15, 2016 1 min read

Market-based Sri Lanka fuel, electricity pricing from December

ECONOMYNEXT – Sri Lanka’s government has agreed to introduce automatic pricing mechanisms that ensure reta...

June 15, 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

Delaying reforms could derail Sri Lanka growth, IMF warns

ECONOMYNEXT – The International Monetary Fund (IMF) said Sri Lanka has good growth prospects if it puts its econo...

Rohan Gunasekera
June 15, 2016 3 min read

Sri Lanka IMF program sets inflation ceiling as key target

ECONOMYNEXT - Sri Lanka's Central Bank has been given an inflation ceiling as a key target for the first time in the dea...

June 14, 2016 3 min read

Sri Lanka's IMF deal; central bank not to give forex cover for business

ECONOMYNEXT - Sri Lanka's central bank has pledged not to provide foreign exchange cover for borrowers - who were mainly...

June 14, 2016 1 min read

Sri Lanka forex reserves drop to new low of US$5.6bn in May

ECONOMYNEXT - Sri Lanka's gross official forex reserves dropped to a new low of $5.62 billion in May 2015 from Rs6.06 bi...

June 14, 2016 2 min read

India's plan to levy tax could hit 75,000 T sugar exports- industry official

PUNE, India, June 10 (Reuters) - India's plan to levy tax on sugar exports could hit nearly 75,000 tonnes of shipment he...

June 10, 2016 1 min read

Sri Lanka Prime Minister revives capital gains tax proposal

ECONOMYNEXT - Sri Lanka will charge capital gains tax, Prime Minister Ranil Wickremesinghe told parliament, reviving a t...

June 10, 2016 2 min read

Sri Lanka can remove forex controls before year end: PM

ECONOMYNEXT - Sri Lanka can relax exchange controls before the end of the year due to a large pipeline of foreign borrow...

June 10, 2016 2 min read

Sri Lanka revises down revenue target after tax amendments

COLOMBO (Reuters) - Sri Lanka has reduced its government revenue target for 2016 due to tax amendments in this year's bu...

June 8, 2016 2 min read

Sri Lanka exports down 1.7-pct in February

ECONOMYNEXT – Sri Lanka’s export earnings fell 1.7 percent in February 2016 to $888 million from a year ag...

June 7, 2016 2 min read

Sri Lanka govt blocks publication of IMF program report

ECONOMYNEXT – The International Monetary Fund has said that publication of its economic report on Sri Lanka after...

Rohan Gunasekera
June 6, 2016 2 min read