An Echelon Media Company
Saturday February 4th, 2023

Sri Lanka minister mulls paths of self-sufficiency or economic freedom for 2023

Out of 1645 items which under import bans after 2020 monetary instability, 795 have been removed

December 25, 2022 3 min read

Sri Lanka President liberalizes fertilizer imports

Open account imports of fertilizer will be allowed from December 21 to June 2023.

December 23, 2022 1 min read

Sri Lanka International Trade Office to lead FTA talks with China, India

Sri Lanka hopes to re-start trade negotiations with India, China and Thailand from January 2023

December 22, 2022 2 min read

Using Indian rupee for trade with Sri Lanka a next step: official

India is Sri Lanka's largest trading partner

December 18, 2022 4 min read
Sri Lanka primary dealers could be hit most by coupon clip in a DDR

"A DDR that wipes out the primary dealers will seriously affect the ability of the government to raise funds"

Sri Lanka import controls trigger brown sugar smuggling

Brown sugar is banned to give profits to domestic producers

Sri Lanka to act against travellers wearing too many gold jewelry

Several identified

October 17, 2022 1 min read

Controversy erupts over soaring Sri Lanka blasting powder prices in permit raj

Are monopoly rents being charged

October 10, 2022 2 min read

Sri Lanka remittances slightly up in September 2022

Official remittances were also up from 325.4 million US dollars in August

October 10, 2022 1 min read

Sri Lanka allows pre-payment for imported plant seeds, fertilizer

Seeds, fertilizer and some agro chemicals

October 10, 2022 1 min read

Sri Lanka mulls controlling rubber imports for export industries

Plantations Minister looking to limit imports

October 5, 2022 1 min read

Sri Lanka's progress on GSP+ commitments: top EU officials says report due soon

GSP+ is an annual trade concession worth over 500 million US dollars

October 3, 2022 3 min read

Sri Lanka tea exporters urged to cut credit to buyers

The sharp increase in lending rates is a major cost to the industry

October 3, 2022 3 min read

Sri Lanka poultry farmers unable to make open account imports of maize

Open account channel for maize not open

Chanka Jayasinghe
September 29, 2022 2 min read

Sri Lanka President allows imports of electric vehicles on expat worker permit

Electric vehicles for expat workers until Dec 31

September 28, 2022 1 min read

Sri Lanka to prioritise Singapore FTA, president tells Singapore PM in Tokyo

President Wickremesinghe is in Tokyo on a two-day official visit.

September 27, 2022 1 min read
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Latest Last
US Dollar 371.7127 371.6601
UK Pound 453.5962 453.9794
Euro 396.3156 396.4763
Aus Dollar 250.1862 251.1981
Yen 2.8251 2.7549
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.3961 4.3963
Korea Won 0.2820 0.2791
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pts %
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Turnover Rs million 4,621,153,484 2,824,714,520
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3-m bill 31.03 31.03
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5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
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I-m SLIBOR - -
Source: Central Bank/Indicative

Crisis-hit Sri Lanka likely to resume China FTA talks along with India's CEPA: sources 

Sri Lanka is caught in a geopolitical cold war between China and India, analysts say

Shihar Aneez
September 22, 2022 3 min read

Sri Lanka may cut high tax sanitary napkins after currency crisis pushes up price

Teachers unions have said school kids were staying away because they could no longer afford sanitary napkins

September 20, 2022 2 min read

Sri Lanka to allow maize, soybean imports on open account

Maize and Soybean could be imported by registered poultry feed makers

September 20, 2022 2 min read

Sri Lanka looks for more economic links with Greater Mekong region

The Greater Mekong Chamber deals with East Asian countries

September 18, 2022 2 min read

Sri Lanka President relaxes import ban on over 150 items

Toilet paper allowed, squatting pans banned

September 14, 2022 2 min read

Sri Lanka to review industry-crippling import ban every two weeks

Pathirana said exemptions have been made for items that have been recognised as essential.

September 13, 2022 2 min read

Sri Lanka has potential to benefit and learn from closer engagement with Vietnam

I believe there are greater opportunities for co-operation between Sri Lanka and Vietnam.

September 11, 2022 3 min read

Sri Lanka red hot crop, closed economy get rave views as malnutrition widens

From one acre there are people who have earned 4 million rupees

September 4, 2022 3 min read

Sri Lanka infotech, mobile telephony in a fix after import ban

IT industry also hit from ban on computer items

August 30, 2022 3 min read

US to redouble efforts to support crisis-hit Sri Lanka: Ambassador

"US-Sri Lanka bilateral trade already supports more than 180,000 workers supplying exports to the US."

August 30, 2022 1 min read