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Friday September 30th, 2022

Sri Lanka updates EU on terror revision ahead of GSP+ monitoring mission

EU had raised concerns over rule of law

July 1, 2021 5 min read

Sri Lanka bakers plan to increase bread prices by Rs10: report

Key mill has said wheat prices would be raised by 18 rupees

July 1, 2021 2 min read

Sri Lanka to import rice as trade controls strengthen domestic grain 'mafia'

Rice price spike not due to fertilizer ban

June 22, 2021 4 min read

Sri Lanka exports US$884mn in May; US, EU top buyers

The EU as a region bought 210 million US dollars of goods, just behind the US.

June 21, 2021 1 min read
Sri Lanka seeks rice bailout from China after fertilizer ban

A million tonnes will make good a 50-pct crop loss in the main cultivation season

Sri Lanka imports surge to US$2.2bn in Dec 2021 after reserves sales

2020 imports estimated at US$20.6bn

More exports not creating formal jobs in Sri Lanka

ECONOMYNEXT- More exports are not increasing employment or formalisation of jobs in Sri Lanka, but give higher wages to ...

February 26, 2019 1 min read

Sri Lanka's Piramal Glass sees strong export growth if fuel is formula-priced

Sri Lanka's Piramal Glass Ceylon Plc says it can compete better with foreign producers and boost exports if furnace oil ...

February 21, 2019 1 min read

Sri Lanka's ceramic firms snarled in regulations; calls for more protection

Sri Lanka's ceramic tile makers are snarled in a plethora mining and transport regulations which is cutting access to ra...

February 16, 2019 4 min read

Sri Lanka warned against putting too many eggs in Chinese basket

Sri Lanka should diversify its financial and economic strategy to include more foreign partners to reduce geopolitical r...

February 10, 2019 2 min read

Sri Lanka price controls causing milk shortages; minister responds with pork tales

Milk powder shortage are emerging in Sri Lanka, a legislator warned as price controls hit suppliers, while a deputy mini...

February 6, 2019 3 min read

Sri Lanka should consider signing an FTA with EU: diplomat

The Sri Lankan government should consider signing a free trade agreement (FTA) to keep preferential market access after ...

February 5, 2019 2 min read

Sri Lanka Customs gets new chief, unions discuss future action

ECONOMYNEXT – A senior Sri Lankan finance ministry official has been appointed as acting director general of the ...

January 31, 2019 1 min read

Sri Lanka’s November trade gap narrows, imports fall

ECONOMYNEXT – A sharp slowdown in spending on imports, especially cars, helped narrow Sri Lanka’s trade de...

January 28, 2019 2 min read

Sri Lanka car registrations fell sharply amid currency, political crises

New vehicle registrations had fallen sharply November and December when a political crisis gripped Sri Lanka and the rup...

January 28, 2019 2 min read

Sri Lanka BOI, coast regulator to speed up investment approvals

ECONOMYNEXT – Sri Lanka’s investment promotion agency and the coastal regulator are to work closely togeth...

January 25, 2019 2 min read
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Latest Last
US Dollar 369.9235 369.9235
UK Pound 417.3920 417.3688
Euro 365.4949 365.1473
Aus Dollar 247.2916 245.9917
Yen 2.6166 2.5700
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4750 4.5225
Korea Won 0.2575 0.2576
Oman Rial 942.5852 942.5852
Saudi Riyal 96.4518 96.4518
UAE Dirham 98.7994 98.7994
Source: Central Bank/Indicative
pts %
S&P SL20 3,203.01 -0.87%
CSE All Share 9,964.80 -0.36%
Turnover Rs million 3,017,534,901 4,958,500,230
Source: CSE
Latest Last
3-m bill 30.31 30.81
6-m bill 28.51 28.66
12-m bill 28.26 28.78
5-yr bond 25.30 25.04
8-yr bond 26.01 25.76
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka wants South Asia trade integration as soft-peg trigger import controls

Sri Lanka wants greater trade liberalization and trust among South Asian economies to accelerate development and reduce ...

January 25, 2019 4 min read

Sri Lanka apparel exporters target new markets to reach US$8bn in 2025

Sri Lanka's apparel exporters are looking to break into new markets to achieve an 8 billion US dollar revenue target for...

January 24, 2019 2 min read

Call to cut taxes, scrap price controls on Sri Lanka milk imports

ECONOMYNEXT – Sri Lanka’s government should reduce taxes and scrap price controls on imported milk powder ...

January 17, 2019 2 min read

Co-operation with Sri Lanka diaspora in Italy can bring benefits: Envoy

Co-operation with an expanding Sri Lanka diaspora in Italy can bring benefits, newly appointed Italian envoy to Colombo ...

January 13, 2019 1 min read

Sri Lanka’s October trade gap widens, tea, garment exports down

ECONOMYNEXT- Sri Lanka's trade deficit widened significantly in October 2018 to 903 billion US dollars from 752 million ...

December 22, 2018 2 min read

Sri Lanka apparel exports down 1-pct in Oct

Sri Lankan apparel exports fell 1 percent from a year earlier to 403 million dollars in October 2018 due to a US market,...

December 18, 2018 3 min read

Sri Lanka President wants to suspend or abolish Singapore FTA

Sri Lanka's President Maithripala Sirisena has slammed a free trade deal with Singapore signed earlier this year and cal...

December 16, 2018 2 min read

Financial feasibility studies seen needed in Sri Lanka infrastructure projects

ECONOMYNEXT – Financial feasibility studies are needed apart from technical feasibility assessments in some of th...

December 11, 2018 2 min read

Sri Lanka's Sept exports up 4.4-pct to $1,055mn

ECONOMYNEXT – Sri Lanka's exports grew 4.4 percent in September 2018 to 1,055 million US dollars from a year ago,...

November 29, 2018 2 min read

Sri Lanka's bilateral aid not at risk: Amunugama

ECONOMYNEXT- Foreign governments have not withdrawn grants, project loans and economic programmes with Sri Lanka, said S...

November 12, 2018 3 min read