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Monday November 9th, 2026
Economy

Sri Lanka still has no intention of laying off public sector employees – state finmin

Sri Lanka has one state sector employee for every 16 people

March 16, 2023 3 min read

Sri Lanka likely to see further beef price hike over lump disease in North

The disease is also slightly spreading to other provinces in Sri Lanka

March 16, 2023 2 min read

Sri Lanka's JAAF welcomes IMF progress, calls for reforms

Good governance, and a recognition of the democratic process is key

March 16, 2023 2 min read

Sri Lanka GDP shrinks 7.8-pct in 2022 after output gap targeting

In the fourth quarter of 2023, the economy shrank 11.2 percent

March 16, 2023 5 min read
Foreign inflows into Sri Lanka govt securities steady amid excess liquidity

Sri Lanka has seen 11.8 bln inflow into govt securities in last six weeks.

Sri Lanka businesses visit Thailand as free trade deal comes on line

Primary objective of the mission was to maximise the benefits of the Free Trade Agreement

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
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 make more use of U.S. tariff preference schemes

ECONOMYNEXT - The United States and Sri Lanka adopted a five-year joint action plan to boost trade and investment with p...

April 30, 2016 2 min read

Sri Lanka “especially vulnerable” to remittance disruptions: Fitch

ECONOMYNEXT – Sri Lanka faces a high risk of its flow of remittances from migrant workers being disrupted by the ...

April 29, 2016 2 min read

Inflation in Sri Lanka's capital 3.1-pct in April

ECONOMYNEXT - Consumer prices in the Sri Lankan capital Colombo rose 3.1 percent in April 2016 from a year ago, after ha...

April 29, 2016 1 min read

Sri Lankans asked to prepare for higher tax, price ‘pain’

ECONOMYNEXT – Sri Lankans should be prepared for “some pain” as the government raises taxes and admin...

April 29, 2016 2 min read

IMF deal will ease Sri Lanka’s financing pressure: Moody’s

ECONOMYNEXT – Sri Lanka’s deal with the International Monetary Fund to get a loan of 1.5 billion US dollar...

April 29, 2016 2 min read

IMF statement of US$1.5bn Extended Fund Facility with Sri Lanka - full text

ECONOMYNEXT - The full text of the International Monetary Fund statement on reaching a staff level agreement is reproduc...

April 29, 2016 4 min read

Sri Lanka strikes US1.5bn EFF reform deal with IMF; US$650 for budget

ECONOMYNEXT - Sri Lanka has reached a three year deal to borrow 1.5 billion US dollars from the International Monetary F...

April 29, 2016 4 min read

IMF deal, state sector reforms seen boosting Sri Lanka growth

ECONOMYNEXT – Wide ranging reforms in the state sector that will include loss-making utilities like power and wat...

April 28, 2016 2 min read

Sri Lanka ex-President fires salvo on taxes

ECONOMYNEXT - Sri Lanka's ex-President Mahinda Rajapaksa has slammed a 15 value added tax on health service and educatio...

April 28, 2016 8 min read

Sri Lanka savings rate drops in 2016 after state overspending

ECONOMYNEXT - Sri Lanka's domestic savings rate dropped to 22.6 percent of gross domestic product in 2015 from 24 percen...

April 28, 2016 1 min read
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