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Monday November 9th, 2026
Economy

Sri Lanka to give Rs 1.1 mn interest-free loan to students who don't enter state university

President Ranil Wickremesinghe had advised that the loan be provided to 5,000 students, Siyambalapitiya said.

March 17, 2023 2 min read

Sri Lanka unions agitating against IMF-backed reforms to meet president's secretary

The discussion had been scheduled for March 21 but had been brought forward.

March 17, 2023 3 min read

Sri Lanka central government debt rises to 115.2-pct of GDP by end 2022: analysis

With central bank and SOE guaranteed loans, the debt to GDP ratio 125.7-pct

March 17, 2023 2 min read

Sri Lanka's draft money monetary law can be revised before passage: CB Governor

Sri Lanka draft monetary law has run into controversy in several quarters

March 17, 2023 2 min read
Sri Lanka bans transport, sale of African Swine Fever infected pigs

There are around 1,000 registered pig farms in the Western Province with 40,000 to 50,000 pigs

Sri Lanka price controllers investigate rice mill stocks amid Rs65 food tax

Sri Lanka rice tax is Rs65 a kilogram or around US$220mn a tonne

Youth unemployment on the rise

May 13, 2016 1 min read

Sri Lanka urged to join global tax transparency initiative

ECONOMYNEXT – Sri Lanka should consider joining the tax transparency initiative promoted by the Organisation for ...

May 12, 2016 2 min read

Sri Lanka, EU to discuss GSP Plus application: Harsha

ECONOMYNEXT – Sri Lanka is ready to formally apply for the GSP Plus trade concession to get better market access ...

May 12, 2016 2 min read

Austrian firms looking to invest in Sri Lanka

ECONOMYNEXT – Austrian companies are keen to invest in Sri Lanka especially in sectors like infrastructure, renew...

May 12, 2016 1 min read

Sri Lanka to update bankruptcy law

ECONOMYNEXT – Sri Lanka is to modernise its bankruptcy law to meet present day needs and improve conditions to do...

May 11, 2016 1 min read

Sri Lanka reforms urgent, govt borrowing to meet daily needs: Central Bank

ECONOMYNEXT – The Sri Lankan government is forced to borrow to even meet its daily spending requirements, making ...

May 11, 2016 1 min read

Sri Lanka businesses call for policy consistency to spur investment

ECONOMYNEXT - Sri Lanka’s top business chamber, the Ceylon Chamber of Commerce has called for consistent and pred...

May 9, 2016 4 min read

Sri Lanka's forex reserves drop to $6.0 billion in April

ECONOMYNEXT - Sri Lanka's forex reserves dropped to $6,070 million in April 2016, down from $6,225 million in March, off...

May 9, 2016 2 min read

Sri Lanka should put purely commercial SOEs in Singapore-style holding Co: economists

ECONOMYNEXT - Sri Lanka should only place state enterprises with pure commercial objectives in a planned holding company...

May 7, 2016 3 min read

Sri Lanka's exports fall for 11th straight month

ECONOMYNEXT – Sri Lanka’s trade deficit contracted in January 2016 by 9.1 percent from a year ago to $695 ...

May 6, 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

Sri Lanka to remove ‘anti-export bias’ in regulations: Malik

ECONOMYNEXT – Sri Lanka’s government aims to remove an ‘anti-export’ bias in government regul...

May 6, 2016 1 min read

Sri Lanka budget targets, tax collection path could be bumpy: Moody's

ECONOMYNEXT - A deal with the International Monetary Fund would boost foreign reserves, but tax collections and smaller ...

May 5, 2016 4 min read

Sri Lanka to build $75 million reservoir in the East

ECONOMYNEXT - Sri Lanka has decided to build a reservoir in Heda Oya in the Eastern district of Ampara, which will cost ...

May 4, 2016 1 min read

Sri Lanka's economic plan with IMF could slow growth, tough to implement: Fitch

ECONOMYNEXT - Sri Lanka's economic plan agreed with the International Monetary Fund would be tough to implement and coul...

May 3, 2016 4 min read

Sri Lanka seeks to raise $685 million from a tax increase

COLOMBO, May 1 (Reuters) - Sri Lanka is seeking to raise Rs100 billion ($685.6 million) in revenue in 2016 by increasing...

May 3, 2016 2 min read

Sri Lanka migrant worker outflow fell in 2015: Central Bank

ECONOMYNEXT – The number of Sri Lankans going abroad in search of work fell sharply in 2015 with remittances, a k...

May 2, 2016 2 min read

Sri Lanka customs code white paper soon; new income tax law in 2017: FinMin

ECONOMYNEXT - Sri Lanka will release a white paper on a new customs code this year, and a new income tax law will go int...

May 2, 2016 1 min read

Sri Lanka to abolish 'uncivilized' exchange control law: Ravi

ECONOMYNEXT - Sri Lanka will abolish its exchange control law to remove 'draconian' provisions in line with other civili...

May 2, 2016 3 min read

Sri Lanka signs up to $249 mn in investment deals in 2016 first quarter: BOI

ECONOMYNEXT - Sri Lanka has signed up to $249 million worth of investment deals, with $189 million coming in March follo...

May 2, 2016 4 min read

Sri Lanka will not tax learning; ill health to be taxed: FinMin

ECONOMYNEXT - Sri Lanka will not tax education, Finance Minister Ravi Karunanayake said, but spending by sick and aged p...

May 1, 2016 1 min read