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Friday November 13th, 2026
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Mercedes dealer in Sri Lanka running thinner margins to boost market

Sri Lanka's Mercedes Benz dealer Diesel and Motor Engineering Plc (DIMO) has reduced margins to absorb part of a steep c...

June 20, 2019 4 min read

Sri Lanka vehicle registrations down after Easter Sunday attacks

Sri Lanka's vehicle registration have fallen 18 percent in April from a month earlier to 28,599 units, in the wake of th...

May 27, 2019 1 min read

Sri Lanka Railways gets container, oil wagons

ECONOMYNEXT - Sri Lanka Railways has taken delivery of the first batches of new container carrier wagons and oil wagons ...

May 16, 2019 1 min read

Easter Sunday bombings expose stresses in Sri Lanka retail supply chains

ECONOMYNEXT - Sri Lanka's supermarket supply chains are under stress after the Easter Sunday bombings with labour shorta...

May 7, 2019 3 min read
Sri Lanka raises bus fares 15-pct after rupee collapse

The minimum fare had gone up from 17 to 20 rupees

Sri Lanka Ports Authority to waive penalties for delayed containers as dollar bites

"We can’t even be sure of the exact number of requested waivers as we have received many in a short period.’’

Sri Lanka see rise in train related suicides in 2015

In 2015, 161 persons had committed suicide by jumping in front of moving trains, up from 141, a year earlier, while repo...

September 21, 2016 1 min read

Sri Lanka vehicle registration see slight upturn in August

Sri Lanka's vehicle registrations rose to 41,798 units in August from 35,775 in July, with motorcycles picking up to 29,...

September 19, 2016 2 min read

Sri Lanka to ask four China firms to build Ratnapura Expressway

Sri Lanka is to negotiate with four construction firms nominated by China to build a 73.9 kilometre expressway to Ratnap...

August 28, 2016 1 min read

Sri Lanka says Japan agrees to finance LRT for Colombo

ECONOMYNEXT – Japan has agreed to provide concessional funding to build a Light Rail Transit (LRT) system in Sri ...

July 29, 2016 2 min read

Sri Lanka to buy more Indian trains with US$318mn loan

ECONOMYNEXT – India has approved a fresh loan of US$318 million to Sri Lanka’s railway department to upgra...

July 27, 2016 1 min read

Sri Lanka Colombo-Trinco economic corridor study by ADB

ECONOMYNEXT – The Asian Development Bank (ADB) is studying the possibility of creating an ‘economic corrido...

July 8, 2016 2 min read

India eyes US$618mn rail track, rolling stock deals in Sri Lanka

India is interested in building a rail track to the eastern port city of Trincomalee which may cost 300 million dollars ...

July 6, 2016 1 min read

Sri Lanka motor cycle registration rebound in May

Sri Lanka's motor cycle registrations rebounded in May while small cars also recovered following a tax hike, data showed...

July 5, 2016 1 min read

Japan to fund Sri Lanka Light Rail Transit feasibility

ECONOMYNEXT – Sri Lanka will go ahead with a Light Rail Transit (LRT) system for public transport in the proposed...

June 29, 2016 1 min read

Sri Lanka to revise bus fare pricing formula

Sri Lanka will revise a price formula under which bus fares are revised upward annually, following representation by ope...

June 29, 2016 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 to build first LRT for Colombo with Japan finding: Prime Minister

ECONOMYNEXT - Sri Lanka will build the first light rail transit (LRT) line in Colombo to ease traffic congestion with fu...

June 19, 2016 2 min read

US$90mn Exim Bank loan for Sri Lanka expressway extension consultancy

ECONOMYNEXT – Sri Lanka is to borrow almost $90 million from Exim Bank of China to fund a consultancy contract to...

June 9, 2016 1 min read

Chinese funds to upgrade 11 Sri Lankan roads linking southern expressway

ECONOMYNEXT – Sri Lanka is to use savings from a Chinese loan to build a section of its Southern Expressway to im...

June 9, 2016 1 min read

Sri Lanka ‘Megapolis’ transport plan pits BRT against LRT

ECONOMYNEXT – A preference for Light Rail Transit (LRT) over Bus Rapid Transit (BRT) in a plan to modernise publi...

June 2, 2016 4 min read

Sri Lanka vehicle registrations subdued in April

ECONOMYNEXT - Sri Lanka's vehicle registrations were subdued in April 2016, continuing a trend seen from January, with 3...

May 24, 2016 2 min read

Sri Lanka doubles fines for ticketless rail travel

ECONOMYNEXT – Sri Lanka has doubled the fine for passengers caught travelling without tickets on the state railwa...

May 12, 2016 1 min read

Sri Lanka railways' losses fall

ECONOMYNEXT – Operational loses at Sri Lanka’s state-run railway fell 30 percent to Rs7.7 billion in 2015 ...

May 6, 2016 2 min read

Sri Lanka public transport upgrade seen urgent to prevent traffic jamming growth

ECONOMYNEXT – Sri Lanka needs “immediate improvements” to public transport to curb the economic loss ...

May 3, 2016 2 min read

Sri Lanka gives new southern expressway deals to Chinese firm

ECONOMYNEXT – Sri Lanka has given contracts to China National Technical Import and Export Corporation under the S...

April 20, 2016 1 min read

Mahindra looks north after UK electric car launch

(Reuters) - India's Mahindra group sees northern Europe as the next market for its electric cars after choosing Britain ...

April 17, 2016 2 min read