An Echelon Media Company
Friday November 13th, 2026
Ground

Sri Lanka lifts government fees on long-distance buses during Covid-19 crisis

ri Lanka will lift a series of fees charged from inter-provincial private bus operators from March to December 2020 to r...

November 10, 2020 1 min read

Sri Lanka cabinet cancels Japan funded light rail project

Sri Lanka's cabinet of ministers had approved the cancellation of a light rail project funded by Japan to ease traffic c...

September 29, 2020 1 min read

Sri Lanka vehicle registrations down in July

Sri Lanka's vehicle registrations fell to 28,572 in July down from 32,123 with motorcycle registration at 22,419 from 25...

August 19, 2020 1 min read

Sri Lanka plans US$4bn PPP for LRT in place of Japan funded soft-loan project

Sri Lanka plans to request proposals to fund a 2.2 billion US dollar light rail transit project after cancelling a Japan...

June 25, 2020 3 min read
Sri Lanka railway track upgrade with India credit line begins

India has provided over a billion US dollars to upgrade railways

Sri Lanka seeks foreign investors for 200-electric bus service

Charging points require larger number of buses to recover investment

IFC invests US$2.5mn in Sri Lanka's PickMe

International Finance Corporation said it is making a 2.5 million US dollar venture capital investment in PickMe, a Sri ...

June 5, 2018 2 min read

Sri Lanka vehicle registrations up 21-pct in April

Sri Lanka's vehicles registrations grew 21 percent from a year earlier to 40,428 units in April 2018, driven by small ca...

June 1, 2018 1 min read

Sri Lanka railways loses Rs7.5bn in 2017, exceeds revenues

Sri Lanka Railways, a heavily unionised state-run agency had lost 7.6 billion rupees in 2017, which is more than the tot...

May 21, 2018 2 min read

Sri Lanka bus fares up 6.5-pct after step fuel hike, operators demand more

Sri Lanka's cabinet of ministers had approved a fare hike of about 6.56 percent, with no change in the 10 rupee lowest f...

May 16, 2018 1 min read

Sri Lanka needs cheaper, faster solutions to traffic jams: central bank

Sri Lanka should explore cheaper and faster options to tackling traffic jams leading to lost productivity, like a Bus Ra...

May 8, 2018 2 min read

Sri Lanka car registrations up in March, Wagon-R leads

Sri Lanka's vehicle purchases rose 6.5 percent in March 2018 from a year earlier, with car registration up 107 percent t...

April 17, 2018 2 min read

Sri Lanka February vehicle registrations up 26-pct

Sri Lanka's vehicles registrations rose 26.6 percent from a year earlier to 37,354 in February 2018, with motor cars up ...

March 29, 2018 2 min read

Sri Lanka John Keells unit gets land in logistics zone

ECONOMYNEXT – John Keells Logistics (Pvt.) Ltd., part of Sri Lanka’s John Keells Holdings group, will get ...

March 9, 2018 1 min read

Sri Lanka seeks investors for traffic management system

ECONOMYNEXT – Sri Lanka’s government is working with Korea’s aid agency to select investors for an ...

March 6, 2018 1 min read

Small cars zoom ahead of tuk-tuks after Sri Lanka budget

ECONOMYNEXT - Finance Minister Mangala Samaraweera's move to slash duty has encouraged the import of smaller cars which ...

March 2, 2018 1 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 small car, heavy truck imports rebound in January

ECONOMYNEXT – Sri Lankan vehicle imports recovered in January 2018 with big increases seen in small cars, scooter...

March 2, 2018 2 min read

India’s RITES gets Sri Lanka central expressway consultancy deal

ECONOMYNEXT – Indian engineering consultancy company RITES Limited has won a contract to provide advisory service...

February 28, 2018 1 min read

SMEC, RDC to do Sri Lanka elevated highway feasibility

ECONOMYNEXT – SMEC International Pty, a unit of Singapore-based urban planning consultancy Surbana Jurong Pvt Ltd...

February 28, 2018 1 min read

US-based GE wins US$48mn Sri Lanka locomotive deal

US-based General Electric Company has won 48 million US dollar deal to supply locomotives for SR Lanka's state-run railw...

February 17, 2018 1 min read

Sri Lanka to buy electric buses for BRT system

ECONOMYNEXT - Sri Lanka’s government bus service is to buy 50 electric buses for a planned Bus Rapid Transit (BR...

January 18, 2018 1 min read

Ashok Leyland Sri Lanka unit December net profit up 81-pct

ECONOMYNEXT – The Sri Lankan unit of Ashok Leyland has reported a sharp rise in net profit for the December 2017 ...

January 15, 2018 1 min read

Sri Lanka's Rajagiriya flyover cost down, length same: Harsha

A flyover that has helped speed up traffic along a key highway leading to Colombo is an interim solution pending a light...

January 13, 2018 2 min read

Sri Lanka to open Rs4.7bn flyover to ease congestion

Sri Lanka's President Maithripala Sirisena will declare open a 4.7 billion rupee flyover in Sri Lanka capital with acces...

January 5, 2018 2 min read

Sri Lanka small hybrid car imports pick up in November

ECONOMYNEXT – Sri Lankan registrations of vehicles continued a slow recovery in November, except for an increase ...

January 2, 2018 1 min read

Sri Lanka expressway users top 100,000 in holiday weekend

More than 110,000 motorists had used an expressway to the South kicking off the 2017 holiday weekend, making it the busi...

December 30, 2017 1 min read
1 … 9 10 11 12 13 14 15 16 17 … 28