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U.S. says MCC grant needs Sri Lanka public support

Sri Lanka's parliament must approve a proposed grant of 480 million dollars by the United States government's Millennium...

November 1, 2019 1 min read

Sri Lanka to call bids for luxury train coaches on four routes

Sri Lanka's state-run railways had been cleared to call competitive bids to operate luxury train coaches on four routes ...

October 30, 2019 1 min read

Sri Lanka lifts floor barrier for bonded warehouses

Sri Lanka's finance minister Mangala Samaraweera proposed to lift the requirement for a minimum 50,000 square feet (abou...

October 18, 2019 1 min read

Sri Lanka vehicle registrations recover in July after Easter bombings

Vehicle registration in Sri Lanka has grown in July from a month earlier, as the country recovers after the Easter Sunda...

August 26, 2019 1 min read
India's IRCON to upgrade Sri Lanka's Northern railway track for Rs33bn

Colombo Jaffna direct trains halted from 5 months from Jan 05

Sri Lanka 2023 budget proposes logistic hubs to boost trade

Sri Lanka has been in the process of coming out of an unprecedented economic crisis

Sri Lanka drives cattle off the road to tackle traffic

Sri Lanka today announced a crack down on cattle roaming the streets of Colombo and its suburbs in a bid to reduce traff...

August 31, 2017 1 min read

Sri Lanka private electric bus company mooted as commuters drop

Sri Lanka's private bus operator group is proposing to set up an electric city bus company on a key route in the capital...

August 26, 2017 3 min read

Sri Lanka to tighten controls on three wheel taxis, school vans

Sri Lanka's central government is to tighten controls on three wheeler taxis and schools vans operated by the community,...

August 24, 2017 2 min read

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
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
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Oman Rial 863.2287 859.3320
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Source: Central Bank/Indicative
pts %
S&P SL20 6,365.57 +0.26%
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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
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Source: Central Bank/Indicative

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

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