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Monday December 5th, 2022

Sri Lanka car imports recover in March but below last year’s level

ECONOMYNEXT – Sri Lankan car registrations recovered in March 2019 to 2,961 units, up from 2,347 units in Februar...

April 29, 2019 1 min read

Sri Lanka restricts parcels on buses, trains after suicide bombings

ECONOMYNEXT – Sri Lanka’s public transport authorities said they will impose restrictions on carrying parc...

April 23, 2019 1 min read

Capital Trust launches Taxiya after acquiring ride hailing firm

Sri Lanka based Capital Trust Holdings said it is launching a ride-hailing app branded Taxiya, after acquiring an existi...

April 6, 2019 1 min read

India's Ircon wins US$91mn deal to modernise northern Sri Lanka rail line

ECONOMYNEXT - Sri Lanka's government has awarded India’s Ircon International Ltd. a contract for 91.3 million US ...

April 3, 2019 1 min read
Sri Lanka vehicle registrations hits 6-year low amid elections, peg collapse

Sri Lanka's vehicle registrations fell to 24,472 units in November 2019, the lowest since the June 2013 amid a collapsed...

Sri Lanka to end 'semi-luxury' bus fleecing scam

Sri Lanka will end a so-called 'semi-luxury' bus service which is fleecing passengers without giving extra facilities to...

Property development prospects in Sri Lanka railway upgrade

ECONOMYNEXT – Sri Lanka’s railway and urban development authorities are to work together to include proper...

August 17, 2017 1 min read

Professionals push connectivity, access in Sri Lanka rail electrification

ECONOMYNEXT – Sri Lankan transport professionals have praised a plan to electrify the railway but want more caref...

August 11, 2017 4 min read

Sri Lanka road crash study highlights need for tougher enforcement

ECONOMYNEXT – A study of road crashes on two Sri Lankan highways has called for tougher enforcement of the law si...

Rohan Gunasekera
July 28, 2017 2 min read

Sri Lankan road transport planners develop low cost traffic forecast

ECONOMYNEXT – Sri Lankan road transport planners have developed a new method to forecast future demand for road u...

July 20, 2017 2 min read

Sri Lanka Rajagiriya flyover work speeds up

ECONOMYNEXT – Work on a flyover meant to ease traffic jams on the most congested corridor to Sri Lanka’s c...

July 4, 2017 1 min read

Sri Lanka vehicle registrations weak, tipper truck imports up

ECONOMYNEXT - Sri Lanka's vehicle registrations recovered in May but remained weak compared with last year owing to high...

June 28, 2017 2 min read

Sri Lanka’s JKH develops online small business logistics service

ECONOMYNEXT – Sri Lanka’s John Keells Holdings group is developing an online service to help small busines...

June 12, 2017 2 min read

Sri Lanka’s Advantis sees good prospects in project logistics business

ECONOMYNEXT - Advantis Projects, a Sri Lankan project cargo handler that is part of the Hayleys group, says it sees good...

June 12, 2017 2 min read

Sri Lanka gets $318mn Indian loan to modernise railways

ECONOMYNEXT – Sri Lanka’s finance ministry Tuesday signed an agreement with India’s Export- Import ...

June 6, 2017 1 min read

Sri Lanka JKH group to set up centralised distribution center

ECONOMYNEXT – Sri Lanka’s John Keells Holdings group is setting up a centralised distribution center to se...

June 2, 2017 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 371.7757 371.7599
UK Pound 442.7119 438.8584
Euro 387.1945 385.3880
Aus Dollar 253.0234 251.0798
Yen 2.6686 2.6603
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4818 4.4863
Korea Won 0.2748 0.2747
Oman Rial 944.1068 944.1068
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Source: Central Bank/Indicative
pts %
S&P SL20 2,464.20 -3.19%
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Turnover Rs million 1,626,658,918 1,576,314,848
Source: CSE
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3-m bill 31.03 31.03
6-m bill 29.57 29.60
12-m bill 28.41 28.41
5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
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’s Colonial Motors gets Piaggio deal for Vespa scooters

ECONOMYNEXT - Colonial Motors (Ceylon) Ltd. has been appointed the authorised importer and distributor for the Italian b...

May 23, 2017 1 min read

Sri Lanka Railways losses down to Rs6.8bn in 2016

ECONOMYNEXT – Sri Lanka’s state-run railway reduced operating losses to 6.8 billion rupees in 2016 from a ...

May 23, 2017 2 min read

Sri Lanka Transport Board cuts loss to Rs1.1bn in 2016

ECONOMYNEXT – Losses at the state-owned Sri Lanka Transport Board (SLTB) reduced in 2016 to Rs. 1.1 billion from ...

May 9, 2017 2 min read

Sri Lanka gets Japanese help for bridge maintenance

ECONOMYNEXT – Japan has started a program to help Sri Lanka’s Road Development Authority (RDA) do proper m...

April 7, 2017 2 min read

Sri Lankan joint venture wins Rs2.5bn central expressway consultancy

ECONOMYNEXT – A consortium of Sri Lankan firms has been awarded a Rs2.5 billion consultancy contract to supervise...

April 5, 2017 2 min read

Sri Lanka bus lane experiment showing results: officials

An experimental bus priority lane on a congested road leading to Sri Lanka's capital Colombo, has valuable insights and ...

March 15, 2017 3 min read

Sri Lanka’s planned parking high-rises will be costly

ECONOMYNEXT – Sri Lanka plans to build high rise parking structures to cater to growing private vehicle use under...

March 9, 2017 1 min read

Sri Lanka to test bus priority traffic system

ECONOMYNEXT – Sri Lanka will test a bus priority system in a suburb of the capital Colombo on the most congested ...

March 8, 2017 3 min read

Sri Lanka to test automated traffic management system

ECONOMYNEXT – Sri Lanka will soon test an automated traffic offence management system using closed circuit televi...

March 6, 2017 1 min read

Sri Lanka Megapolis light rail feasiblity starts, EOIs by year-end

A feasibility study on building a Light Rail Transit (LRT) system in the Sri Lankan capital Colombo starts today with ex...

February 28, 2017 3 min read
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