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Sri Lanka airport's US$500mn expansion deal won by Japan's Taisei

Sri Lanka's cabinet of ministers had cleared the award of a contract valued at over 500 million US dollar expand Sri Lan...

February 20, 2020 1 min read

Govt delaying warehouse project that could stabilise vegetable prices: Harsha

The construction of a 600 million rupee climate-controlled warehouse in Dambulla which would contribute to stabilizing v...

January 23, 2020 1 min read

Sri Lanka's transport regulator to expand into restaurants

Sri Lanka's National Transport Commission, which issues route licenses to buses, will set up and regulate network of roa...

January 7, 2020 2 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...

December 25, 2019 2 min read

Sri Lanka's regulated public bus fleet declines in first half 2017

Sri Lanka's regulated privately owned bus service has declined 2.0 percent to 19,917 in the first half of 2017 from a ye...

December 14, 2017 1 min read

Sri Lanka unions call off rail strike after backlash

Colombo, Sri Lanka | AFP | Wednesday - Sri Lanka's railway workers called off an island-wide strike Wednesday that disru...

December 13, 2017 2 min read

Sri Lanka allows electric car loans up to 90-pct of value

ECONOMYNEXT – Sri Lanka has relaxed budget proposals slashing Loan to Value (LTV) ratios for car imports and will...

November 16, 2017 2 min read

Sri Lanka pre-budget vehicle import orders under previous duty rate

ECONOMYNEXT – Individuals who opened Letters of Credit for import of vehicles prior to the presentation of Sri La...

November 16, 2017 1 min read

Sri Lanka to replace 70,000 state vehicles in green drive

ECONOMYNEXT - Sri Lanka's government will buy at least 70,000 hybrid and electric cars in the next seven years in line w...

November 14, 2017 1 min read

Sri Lanka's small cars down by half a million rupees

ECONOMYNEXT - The latest duty reduction for small cars will see the prices drop by an average of half a million rupees i...

November 13, 2017 2 min read

Sri Lanka aims for non-fossil fuel vehicle fleet by 2040

ECONOMYNEXT – Sri Lanka aims to convert all its vehicles into those powered by non-fossil fuels with import taxes...

November 9, 2017 1 min read

Sri Lankan transport experts rally for rail over bloated Kandy expressway costs

ECONOMYNEXT – Sri Lankan transport professionals are lobbying for rail transport priority, saying the government ...

November 4, 2017 4 min read

South Korean firms to do Sri Lanka LRT feasibility study

Sri Lanka’s government has chosen two South Korean engineering consultancy firms to do a pre-feasibility study fo...

November 2, 2017 1 min read

Sri Lanka LRT study gets responses from Alsthom, Bombardier: Minister

Sri Lanka has received responses from nine parties for expressions of interest called to study five light rail transit l...

October 26, 2017 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 new vehicle registrations down in September

Registrations of new vehicles in Sri Lanka vehicles in Sri Lanka fell sharply in September 2017, with cars falling to th...

October 24, 2017 1 min read

New electronic ticketing system for Sri Lanka Railways

ECONOMYNEXT - The Asian Development Bank is helping Sri Lanka prepare a railway ticketing and seat reservation system to...

October 20, 2017 2 min read

Sri Lanka seeks to restrict import of tuk-tuks

Transport Minister Nimal Siripala de Silva said the government wants to severely restrict the import of three-wheelers a...

October 20, 2017 2 min read

ADB support for Sri Lanka’s railway sector master plan

ECONOMYNEXT – The Asian Development Bank (ADB) has approved technical assistance to help prepare a master plan fo...

October 19, 2017 2 min read

Sri Lankan firms told to upskill workers, collect data

ECONOMYNEXT – Sri Lankan logistics companies need to invest to improve the skills of their workers to meet new em...

October 6, 2017 2 min read

Sri Lanka gets World Bank loan for safer roads project

ECONOMYNEXT – The World Bank will give Sri Lanka a $125 million loan for a new project that will deliver better a...

September 29, 2017 2 min read

Sri Lanka to allow quadri-cycles: minister

Sri Lanka will allow the registration of quadri-cycles as a safer alternative to the ubiquitous three-wheeler taxis, Tra...

September 21, 2017 1 min read

Sri Lanka auditor queries payments on road project

ECONOMYNEXT – Sri Lanka’s Auditor General’s Department has queried what it called contention paymen...

September 18, 2017 1 min read

Sri Lanka to call investors for property and multimodal transport hub

Sri Lanka will call competitive tenders to hand over a 9 acre land (about 4 hectares) in Sri Lanka's capital Colombo for...

September 15, 2017 1 min read

Range anxiety may reduce in Sri Lanka as Nissan turns new Leaf

On Wednesday, Japanese giant Nissan unveiled a new electric car with an extended range and semi-autonomous driving funct...

September 6, 2017 4 min read