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Sunday June 26th, 2022

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...

April 10, 2021 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 ...

April 9, 2021 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...

April 7, 2021 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...

April 7, 2021 1 min read
Sri Lanka puts glyphosate back on banned list

Under new import control laws issued on Nov 30

Sri Lanka looking at trade, payments 'measures' to stabilize rupee: Finance Ministry

Sri Lanka says it is looking at 'external trade' and 'payment transactions," measures to stabilize the exchange rate, th...

November 1, 2018 1 min read

Hambantota Port, telco lead FDI to Sri Lanka in 1H 2018

ECONOMYNEXT- The Hambantota Port transfer payments and telecommunication infrastructure drove the growth of foreign dire...

November 1, 2018 2 min read

Sri Lanka crisis undermines investor confidence: Moody’s

ECONOMYNEXT – The political crisis triggered by the shock dismissal of Sri Lanka’s prime minister could un...

October 30, 2018 4 min read

Sri Lankan merchandise exports up 3.7-pct in August

ECONOMYNEXT – Sri Lanka’s merchandise export earnings exceeded a billion US dollars for the third straight...

October 29, 2018 1 min read

Sri Lanka has no plans to expand Nixon-style shock

Sri Lanka has no plans to expand import controls which were slapped earlier this year as the rupee fell Finance Minister...

October 23, 2018 2 min read

Sri Lanka allows online direct sales to overseas buyers

ECONOMYNEXT – Sri Lanka has set up a regulatory framework that would allow companies to do business-to-consumer, ...

October 22, 2018 1 min read

Bangladesh a potential market for Sri Lankan retailers

Bangladesh is a potential markets for Sri Lankan retailers to expand into, Ranjan De Silva, Partner, Sensei Internationa...

October 22, 2018 2 min read

Sri Lanka still has room for offline retail growth

There is still room for growth for brick and mortar shops in countries like Sri Lanka, where retailing is still growing,...

October 22, 2018 2 min read

Sri Lanka Exim bank proposal in limbo for three years

Sri Lanka’s government has failed to carry out a controversial proposal to set up a an ‘Export-Import bank...

October 21, 2018 2 min read

Sri Lanka seeks to follow Indian path on Iran oil sanctions

Sri Lanka, which is dependent on Iranian light crude has sought advice from India on its strategy on purchasing oil from...

October 21, 2018 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 367.1686 367.3982
UK Pound 452.6187 451.8938
Euro 388.4167 389.8979
Aus Dollar 255.6136 255.4851
Yen 2.7395 2.7267
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.6108 4.6159
Korea Won 0.2772 0.2772
Oman Rial 935.8320 937.3904
Saudi Riyal 96.0211 96.1836
UAE Dirham 98.0915 98.2549
Source: Central Bank/Indicative
pts %
S&P SL20 2,470.19 1.59%
CSE All Share 7,651.19 1.26%
Turnover Rs million 1,245,549,656 1,102,192,667
Source: CSE
Latest Last
3-m bill 21.20 21.45
6-m bill 21.88 22.16
12-m bill 22.51 22.77
5-yr bond 20.38 20.79
8-yr bond 20.46 20.49
Source: Central Bank/Indicative
today yesterday
Overnight Money 14.50 14.50
Gilt Repo 14.50 14.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Going duty free could draw visitors to Sri Lanka, says Singapore retailer

ECONOMYNEXT - Sri Lanka could be made into a shoppers’ paradise by becoming a duty free country, said Patrick Cho...

October 20, 2018 1 min read

Merchandise export made little contribution to Sri Lanka’s growth: World Bank

Sri Lanka’s industrial production barely grew in the second quarter of 2018 with exports contributing little to g...

October 19, 2018 2 min read

Sri Lanka says import controls temporary, committed to open economy

ECONOMYNEXT – Sri Lanka’s government is committed to further opening up the economy and import controls im...

October 18, 2018 3 min read

Sri Lanka new car registrations down 40-pct in September

Sri Lanka's new car registrations fell 40 percent to 4,990 units in September from a month earlier, and motor cycle regi...

October 17, 2018 2 min read

Sri Lanka President calls to expand Nixon shock as rupee falls

Sri Lanka's President Maithripala Sirisena has called for more trade controls and import substitution as the rupee fell ...

October 16, 2018 3 min read

Sri Lanka price controls drive drugs off market as soft-pegged currency falls

Several antibiotics and drugs used to treat, blood pressure, cancer and osteoporosis have gone off the market as price c...

October 16, 2018 2 min read

Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit

Sri Lanka’s apparel exports grew 7.8 percent from a year earlier to 444 million dollars in August 2018, despite a...

October 13, 2018 2 min read

Sri Lanka, Kuwait business chambers to promote trade, invesment

ECONOMYNEXT - Private sector business chambers in Sri Lanka and Kuwait are to sign an agreement to deepen trade and inve...

October 12, 2018 2 min read

New inspection facility for Sri Lanka Customs

ECONOMYNEXT – Sri Lanka’s Customs is planning to set up a new inspection facility with Asian Development ...

October 12, 2018 1 min read

Sri Lanka tightens gap in trade controls

Sri Lanka's central bank has tightened a loophole in newly slapped import restrictions to stop items like baby cologne, ...

October 12, 2018 2 min read
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