An Echelon Media Company
Sunday October 24th, 2021

Adani Global wins Sri Lanka coal spot tender

Singapore-based Adani Global Pte Ltd. has won a Sri Lankan government spot tender to supply coal to the island's Lakvija...

3 min read

Costly oil-based Sri Lanka power generation up sharply in first seven months

High-cost oil-based power generation rose sharply in Sri Lanka in the first seven months of 2019 from a year ago, accoun...

3 min read

Sri Lanka's Litro Gas emergency LPG supplies on way

Sri Lanka's state-run Litro Gas Plc had made an emergency purchase of 12,000 metric tonnes of liquefied petroleum gas, i...

3 min read

Sri Lanka awards Murban crude deal to BB Energy of Singapore

Sri Lanka has awarded a contract to supply 8.4 million barrells of Murban grade crude to Singapore based B B Energy (As...

3 min read

Thailand firms win cylinder deals from Sri Lanka state LPG distributor

Sri Lanka's state-run Litro Gas Lanka has awarded two contracts to Thailand based firms to supply liquefied petroleum ga...

Sri Lanka preparing its legal strategy with regard to the MT New Diamond disaster

Sri Lanka is planning its legal strategy to sue the owners of the Supertanker that caught fire off its shores and is cur...

Hayleys, Aggreko win Sri Lanka emergency power supply deal

ECONOMYNEXT - Aggreko International Projects Limited and a unit of Sri Lanka's Hayleys group have won a tender to supply...

1 min read

Aberdeen unit wins Sri Lanka solar power plant deal

ECONOMYNEXT – Sri Lanka’s Expack Corrugated Cartons (Pvt) Ltd, a subsidiary of Aberdeen Group, has won a t...

1 min read

Sri Lanka’s Laugfs Gas revamp to lure strategic partners, foreign funds

ECONOMYNEXT –A planned restructuring of Sri Lanka’s Laugfs Gas group, bringing core liquid petroleum gas a...

Rohan Gunasekera

3 min read

Sri Lanka to license electricians, tighten controls on new connections

Sri Lanka's power regulator is proposing tighter regulations and licensing of electricians and controls and additional p...

2 min read

China wins Rs5.7bn Sri Lanka power line deal

Sri Lanka has awarded a 5.7 billion rupee contract to build a high tension transmission line to China National Cable Eng...

1 min read

Sri Lanka approves Petronet, Japanese LNG terminal deal

ECONOMYNEXT – Sri Lanka’s Cabinet of ministers this week approved plans for a deal with India’s Pet...

1 min read

Sri Lankan President to visit New Delhi for 'Solar Summit'

ECONOMYNEXT – Sri Lankan President Maithripala Sirisena will visit India in March for an international conference...

2 min read

Sri Lanka’s Laugfs Gas back in the red in December quarter

ECONOMYNEXT – Sri Lanka’s Laugfs Gas group slipped back in to the red in the December 2017 quarter with lo...

1 min read

India firm says setting up Sri Lanka LNG terminal amid take-or-pay controversy

ECONOMYNEXT - India's Petronet is planning to sign a deal with Sri Lanka to build a floating liquefied natural gas termi...

2 min read

Sri Lanka's Chevron Lubricant unit revenues slide, profit down

Profits at Chevron Lubricants Lanka Plc, a unit of Chevron, fell 21 percent from a year earlier to 549 million rupees in...

1 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 201.0455 200.5117
UK Pound 277.3121 277.2676
Euro 233.7456 233.8869
Aus Dollar 150.2614 151.2660
Yen 1.7625 1.7543
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6854 2.6801
Korea Won 0.1705 0.1707
Oman Rial 522.2097 520.8231
Saudi Riyal 53.6007 53.4541
UAE Dirham 54.7338 54.5885
Source: Central Bank/Indicative
pts %
S&P SL20 3,572.70 0.54%
CSE All Share 9,881.50 1.78%
Turnover Rs million. 2,191,558,044.10 4,268,523
Source: CSE
Latest Last
3-m bill 7.19 6.64
6-m bill 7.31 6.80
12-m bill 7.46 6.96
5-yr bond 10.52 9.48
8-yr bond 11.37 9.97
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 to supply cleaner aviation fuel with new filtration unit

ECONOMYNEXT – Sri Lanka’s Ceylon Petroleum Storage Terminal (CPSTL) has commissioned an aviation fuel filt...

1 min read

Sri Lanka in muddle after encouraging kerosene mis-use with subsidy

Steep price cuts of Kerosene (paraffin) by ex-Finance Minister Ravi Karunayake has encouraged adulteration of more expen...

2 min read

ADB aid for Sri Lanka power system reliability study

ECONOMYNEXT – The Asian Development Bank is giving Sri Lanka grant aid to hire two consulting firms to study and ...

2 min read

Sri Lanka trying to outsource LNG purchases to one company for 20-years: report

Sri Lanka's current administration is attempting to give a deal to purchase up to a million tonnes of liquefied natural ...

3 min read

Sri Lanka’s Laugfs Gas says port terminal issues being resolved

ECONOMYNEXT – Sri Lanka’s Laugfs Gas said it was holding talks with the new Chinese operator of Hambantota...

1 min read

Sri Lanka’s Laugfs, Sanken get coal yard wind barrier deal

ECONOMYNEXT – Sri Lanka’s Laugfs Engineering (Pvt) Ltd. and Sanken Construction have won a contract to bui...

1 min read

Sri Lanka’s LVL Energy Sept quarter net profit down 12-pct

ECONOMYNEXT - Sri Lanka’s LVL Energy Fund, which debuted on the Colombo bourse Tuesday, reported group net profit...

1 min read

Sri Lanka cuts import tax on fuel, encourages carcinogenic diesel

Sri Lanka has cut import duties on fuel, bringing taxes on diesel, which has been linked with cancer to a new low of onl...

2 min read

Sri Lanka's CPC refinery manager promoted as MD

Sri Lanka's petroleum ministry said Neil Jayasekara, a long serving career officer of Ceylon Petroleum Corporation has b...

1 min read

Sri Lanka starts building new fuel storage tanks

ECONOMYNEXT – Sri Lanka’s state-owned petroleum refiner Ceylon Petroleum Corporation Friday began building...

1 min read

1 34 35 36