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Sunday September 19th, 2021
Trade

Sri Lanka to import 300,000 litres of oxygen a week

Sri Lanka thanks India for sending 140 tonnes of oxygen quickly

6 min read

Sri Lanka Foreign Minister, EU envoy discuss GSP Plus action, Covid co-operation

Matters related to cooperation in the fishery sector were also discussed

6 min read

Sri Lanka plans lentil credit line as money printing drive forex shortages

Credit for large import items

6 min read

Sri Lanka hikes drug controlled prices amid money printing

Last increase given when the rupee was 196 Health Minister says

6 min read

Sri Lanka can continue to control imports: Central Bank

There are goods that can be made in the country that is better than the foreign ones

1 min read

Sri Lanka exports maintain momentum in April 2021

Exports maintain 2019 level just as a third wave hits

2 min read

Sri Lanka imports surge in March 2021 despite controls as credit, exports recover

Analysts had warned that imports will rise as credit picked up and import controls were a Mercantilist policy error

3 min read

Sri Lanka foreign TV commercial tax allowed in one month slot

In a gazette notice a one month license for Rs100,000 was introduced

2 min read

Sri Lanka allows import of some agro-chemicals under license

The new rules apply to bills of lading and airway bills dated May 06 or after.

1 min read

Sri Lanka President plants turmeric in garden in import substitution drive

Five 'grade-A' turmeric plants would be given to 1.5mn families to produce their own requirements

2 min read

Sri Lanka merchandise exports reach US$1,066.1mn in March 2021

Export earnings were up 11.5 percent in the first quarter of 2021 to 2,945.53 million US dollars.

1 min read

Sri Lanka raises tax on imported potatoes to Rs50

Sri Lanka has raised a tax on potatoes to give higher profits to farmers as harvests come in

1 min read

Sri Lanka sugar SOE making profits after ethanol ban

Lanka Sugar Company (Pvt) Ltd, built by re-expropriating two privatized firms, are now making profits after ethanol impo...

2 min read

Sri Lanka to ban chemical fertilizer imports in 'near future'

Sri Lanka will ban the import of chemical fertilizer in the 'near future' as pollution of waterways and suspected kidney...

2 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 200.0000 200.0063
UK Pound 275.8000 276.7787
Euro 235.2700 236.3574
Aus Dollar 145.7600 146.5546
Yen 1.8202 1.8301
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.7197 2.7215
Korea Won 0.1699 0.1710
Oman Rial 519.4940 519.5104
Saudi Riyal 53.3177 53.3286
UAE Dirham 54.4492 54.4509
Source: Central Bank/Indicative
pts %
S&P SL20 3,309.99 0.67%
CSE All Share 8,848.04 -0.93%
Turnover Rs million. 2,191,558,044.10 3,956,871
Source: CSE
Latest Last
3-m bill 5.85 5.77
6-m bill 5.90 5.82
12-m bill 5.97 5.89
5-yr bond 8.69 8.47
8-yr bond 9.18 9.05
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka exporters, importers battle high rates, box shortfalls to maintain trade lifeline

Sri Lanka's exporters and importers are working against multiple global and domestic disruptions in logistics in the pos...

Mahadiya Hamza

6 min read

Sri Lanka rupee plunges amid money printing as car imports collapse

Sri Lanka's rupee has plunged to 199 to the US dollar in March as vehicle imports collapsed to almost nothing, official ...

2 min read

Sri Lanka imports down 2.5-pct in Feb 2021, exports down 3.7-pct

Sri Lanka's imports were down 2.5 percent from a year ago to 1,524 million US dollars while exports were down 3.7 percen...

2 min read

Sri Lanka cuts exporter proceeds conversion rule to 10-pct

Sri Lanka has cut a requirement to covert export proceeds into rupees to 10 percent from an earlier 25 percent in new r...

1 min read

Sri Lanka seeks to extend payment terms for oil imports

Sri Lanka is in talks with oil supplying countries to extend payments terms for up to one year, Treasury Secretary S R A...

2 min read

Sri Lanka to allow palm stearin imports, other fractions 'unhealthy'

Sri Lanka will allow palm stearin, a fraction of palm oil produced through an industrial process used in food products, ...

3 min read

India says boosting Covid-19 vaccine production, as Sri Lanka faces delay in order

India is boosting vaccine production capacity as domestic cases also continue to rise and Sri Lanka has said the origina...

1 min read

Ban-nomics: Sri Lanka to ban imports of handloom textiles, printed batiks

Sri Lanka will ban the import of printed batik and handloom textiles to eliminate competition from imports for domestic ...

4 min read

Sri Lanka bakers not doomed by palm oil ban Trade Minister says, license raj to the rescue

Sri Lanka's bakery industry is not doomed as claimed by some but a license raj on import controls will be extended to re...

3 min read

Sri Lanka may revise midnight gazette banning palm oil: Minister

Sri Lanka may revise a midnight gazette banning the import of palm oil issued on April 06, cabinet spokesman Minister Ke...

1 min read

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