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Monday November 9th, 2026
Economy

Sri Lanka no longer bankrupt, to gradually lift import restrictions: president

Sri Lanka’s path ahead must be forged in accordance with the IMF programme, said the president.

March 21, 2023 2 min read

Sri Lanka to start property tax, transfer, gift, inheritance tax from Jan 2025

Introduce a nationwide real property tax including

March 21, 2023 1 min read

Sri Lanka mulling ways to re-structure domestic debt

A select pool of the remaining domestic debt is assumed to be re-profiled

March 21, 2023 2 min read

IMF approves US$3.0bn program, first tranche $333mn

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March 20, 2023 4 min read

Sri Lanka gets IMF nod for US$1.5bn reform backed EFF loan

ECONOMYNEXT - The International Monetary Fund has approved a 1.5 billion US dollar (1.1 billion special drawing rights) ...

June 4, 2016 4 min read

Singapore gives Sri Lankan firms access to ASEAN market: Iswaran

ECONOMYNEXT – Sri Lankan companies have much to gain by linking up with firms in Singapore as it would give acces...

June 1, 2016 2 min read

Sri Lanka Central Bank loses on forex assets in 2015

ECONOMYNEXT - Sri Lanka's Central Bank has lost Rs19.6 billion in 2015, taking the total up to Rs76 billion over three y...

June 1, 2016 4 min read

Call for 'fit and proper' test for CB governors following bond controversy

ECONOMYNEXT - A governance activist has called for 'fit and proper' tests when appointing the governor of the Central Ba...

May 31, 2016 6 min read

Sri Lanka new tax shock for non-electric cars

ECONOMYNEXT, Sri Lanka's latest revision of taxes on cars has triggered price rises across the board, except for totally...

May 31, 2016 2 min read

Sri Lanka inflation hits two and a half year high at 4.8-pct in May

ECONOMYNEXT - Sri Lanka's consumer price inflation accelerated to 4.8 percent in the 12-months to May from 3.1 percent a...

May 31, 2016 1 min read

Sri Lanka private credit sharply up, money printing continues in March

ECONOMYNEXT - Sri Lanka's credit to private sector surged in March 2016 to 87.8 billion rupees from 53.7 billion rupees ...

May 30, 2016 1 min read

Japan to give budget support to Sri Lanka; loan US340mn for power and water

ECONOMYNEXT - Japan fund a 38 billion yen (340 million dollar) expansion of Sri Lanka's power and water supply system an...

May 28, 2016 1 min read

Sri Lanka cuts tax on smaller electric cars, Tesla EV prices to soar

ECONOMYNEXT - Sri Lanka has cut taxes on popular mid-sized electric cars from 2.7 million to about 1.7 million rupees an...

May 28, 2016 2 min read

Sri Lanka ups taxes on larger cars, SUVs up by two million - Update

ECONOMYNEXT - Sri Lanka has cut taxes on small cars with engines capacity below 1,000 cubic centimetres but upped taxes ...

May 27, 2016 1 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 expects foreign aid to finance most of Rs1.7bn reconstruction

ECONOMYNEXT - Sri Lanka is expecting foreign aid to finance at least 75 percent of the 1.7 billion dollars of property d...

May 26, 2016 2 min read

Sri Lanka's uninsured flood victims covered by state insurance: Ravi

ECONOMYNEXT - Sri Lanka's uninsured flood and landslide victims can submit claims to the disaster management office to g...

May 25, 2016 1 min read

Sri Lanka to use foresight tools in national planning

ECONOMYNEXT – The Sri Lankan government has started work on using new scientific forecasting tools in national pl...

May 25, 2016 2 min read

Sri Lankan start-up ideas getting better, scope widening

ECONOMYNEXT – A group of angel investors supporting Sri Lankan entrepreneurs said start-up business plans were ge...

May 25, 2016 3 min read

Sri Lanka appoints managers for billion dollar sovereign bond: Finance Minister

ECONOMYNEXT - Sri Lanka has appointed eight financial institutions to manage a sovereign bond of at least a billion US d...

May 25, 2016 2 min read

Sri Lanka in talks for USS500mn loan with Credit Suisse; Sukuk eyed

ECONOMYNEXT - Sri Lanka is in talks with Credit Suisse to float a 500 million dollar loan after a similar sized loan wit...

May 25, 2016 1 min read

Sri Lanka to wrap up US$500mn syndicated loan next week: Finance Minister

ECONOMYNEXT - Sri Lanka is expecting to wrap a 500 million US dollar loan over the next few days after legal agreements ...

May 25, 2016 1 min read

Sri Lanka deluge death toll hits 101 as waters recede

ECONOMYNEXT - Floods subsided across Sri Lanka on Tuesday revealing the full extent of the damage caused by last week's ...

May 25, 2016 2 min read

Sri Lanka 04-year development plan out next month: PM

ECONOMYNEXT – The Sri Lankan government will present its four-year development in a month, Prime Minister Ranil W...

May 24, 2016 1 min read

Sri Lankan importers to get goods at factory prices through Fair Deal

ECONOMYNEXT - The Ceylon Chamber of Commerce said it planned to launch a program with Fair Deal AS, a global import sou...

May 24, 2016 1 min read