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Friday November 13th, 2026
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Sri Lanka railways seek forex from scrap metal amid currency crisis

We are collecting old rails and other metal scrap to sell

September 22, 2022 1 min read

Sri Lanka to allow electric tuk tuks

To reduce fossil fuels

August 9, 2022 1 min read

Sri Lanka PM reveals plan to prevent tuk-tuk fuel shortage

Three-wheel drivers have been significantly affected by the fuel shortage, price hike

June 3, 2022 2 min read

Sri Lanka Railway promises normal operations, union leader says no

.

May 5, 2022 2 min read
Violent Taxi-mafia hotspots hurting Sri Lanka tourism, ride-hailing firm says

These incidents included not just vandalism and damaging vehicles but also physical injuries

China Exim Bank to visit Sri Lanka to discuss Central Expressway funding

The contract was awarded to China's MCC in 2015

Sri Lanka to finance modern buses, overhaul routes

Sri Lanka will be financing better buses for the public and private sector service providers under the 2019 budget, and ...

March 7, 2019 2 min read

Sri Lanka vehicle registrations recover in January

ECONOMYNEXT - Sri Lanka's vehicles registrations recovered in January 2019 from a steep slump in December 2018, but were...

February 25, 2019 1 min read

Sri Lanka to review bus licensing system on expressways

Sri Lanka has appointed a committee to review route licenses for buses operated on expressways, the state information of...

February 17, 2019 1 min read

India funds for Sri Lanka railways climb to US$1.3bn

Sri Lanka is beginning to commission diesel multiple units supplied under a 100 million dollar credit line from India, w...

January 28, 2019 1 min read

ADB to finance US$300mn Sri Lanka elevated port highway

Manila-based Asian Development Bank will help build an elevated access highway to Sri Lanka with financing of 300 millio...

January 17, 2019 1 min read

New Sri Lanka logistics facility targets exporters

ECONOMYNEXT – Sri Lanka’s investment agency has approved a project to build a warehouse and container depo...

January 8, 2019 1 min read

Japan soft loan for Sri Lanka LRT at low interest, 40-yr payback

ECONOMYNEXT - A 1.85 billion dollar equivalent loan offered by Japan to build a light rail transit system in Sri Lanka...

January 4, 2019 1 min read

Sri Lanka to get digital transit card for bus, rail transport

ECONOMYNEXT – Sri Lanka’s central bank is working to help introduce a digital transit card to be used in b...

January 3, 2019 1 min read

Sri Lanka to sign loan agreement with Japan for light rail

ECONOMYNEXT – Sri Lanka’s government is to sign an agreement with the Japanese aid agency, Japan Internati...

January 3, 2019 1 min read

Sri Lanka fuel prices fall 17.9-pct, regulated bus fares down 4.2-pct

Sri Lanka bus fares which were raised by state regulation three times this year have come down by 6 percent after a fuel...

December 29, 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 332.3603 330.8514
UK Pound 440.9424 438.3450
Euro 368.4879 371.0168
Yen 2.0805 2.0916
Aus Dollar 227.4342 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5474 3.4202
Korean Won 0.2492 0.2479
Oman Rial 863.2287 859.3320
Saudi Riyal 88.5586 88.0955
UAE Dirham 90.4874 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 6,365.57 +0.26%
CSE All Share 22,157.40 +0.56%
Turnover Rs 2975.05 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka’s Hayleys Advantis opens distribution hub

ECONOMYNEXT – Sri Lanka’s Hayleys group said its Hayleys Advantis logistics arm had commissioned its large...

December 19, 2018 2 min read

Sri Lanka’s planned light rail seen needing govt subsidies

A planned light rail transit system in Sri Lanka’s capital Colombo will need government subsidies, like elsewhere...

December 19, 2018 2 min read

Sri Lanka's PickMe mulls financial services

ECONOMYNEXT – Sri Lankan ride hailing service PickMe is considering going into financial services in the medium t...

December 18, 2018 2 min read

Sri Lanka logistics firms mull tie-ups with start-ups

ECONOMYNEXT – Sri Lankan logistics firms are adapting to changing customer behaviour and technology and could str...

December 14, 2018 1 min read

Sri Lankan private bonded warehouses allowed to clear LCL cargo

ECONOMYNEXT- Sri Lanka is allowing privately-held warehouses to clear goods imported in less than a container load of ca...

October 23, 2018 1 min read

Sri Lankan new car importers call for controls on competition

ECONOMYNEXT – Ceylon Motor Traders Association (CMTA) has urged Sri Lanka’s government to regulate vehicle...

October 4, 2018 5 min read

Sri Lanka's BOI says rail deal rejected on weak information and tax-holiday demands

ECONOMYNEXT - Sri Lanka's Board of Investments said it has rejected an investment proposal for a high-speed railway proj...

September 26, 2018 2 min read

Suzuki small cars dominate Sri Lanka August vehicle registrations

ECONOMYNEXT – Suzuki small cars continued to dominate new and pre-owned vehicle registrations in Sri Lanka in Aug...

September 25, 2018 1 min read

Sri Lanka inks US$82.6mn rail passenger coach deal with India

State-run Sri Lanka Railways has inked a 82.64 million US dollar deal to buy 160 passenger coaches from RITES Ltd, the I...

September 8, 2018 1 min read

Sri Lanka sees 180 train suicides in 2017

In 2017, 180 persons had been killed after throwing themselves at trains to commit suicide while another 4 persons passe...

September 7, 2018 1 min read
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