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Friday November 13th, 2026
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Suburban Sri Lankans spend six years in traffic

An average Sri Lankan living in the outer suburbs of the capital Colombo will spend around six years of their life on th...

March 21, 2019 2 min read

Sri Lanka vehicle registrations fall in February as demand slows

ECONOMYNEXT – Sri Lankan vehicle registrations fell sharply in February 2019 to 2,347 units from 3,147 units the ...

March 14, 2019 1 min read

New Sri Lanka logistics park to offer inventory management, handle returns

ECONOMYNEXT – A logistics facility Sri Lankan conglomerate John Keells Holdings is building with an investment of...

March 11, 2019 2 min read

Sri Lanka gets Japanese Rs48bn soft loan for light rail

ECONOMYNEXT – Sri Lanka Monday signed an agreement with Japan for a soft loan to build a light rail transit (LRT)...

March 11, 2019 4 min read
Sri Lanka to drop provincial prefixes from vehicle number plates

Sri Lanka will drop provincial pre-fixes from vehicle numbers to end the hassle of changing plates when a person from a ...

China delayed loan to Sri Lanka expressway for 4.5 years: ex-highways minister

China delayed a loan for an expressway to Kandy for 4.5 years though the building contract was awarded to a Chinese cont...

ADB approves $175m loan for Sri Lanka road improvements

ECONOMYNEXT – The Asian Development Bank said it has approved a loan of 175 million US dollars to improve rural r...

January 13, 2016 1 min read

China Exim Bank, HNB to fund Sri Lanka expressway extension

ECONOMYNEXT – Sri Lanka will borrow 360 million US dollars from the Exim Bank of China and 63.58 million dollars ...

January 7, 2016 1 min read

ADB to do Sri Lanka rail electrification feasibility

ECONOMYNEXT – The Asian Development Bank has agreed to fund a feasibility study on upgrading the suburban railway...

December 15, 2015 1 min read

Sri Lanka mulls smart cards, GPS for public transport

ECONOMYNEXT - Sri Lanka’s new government is working to improve public transport as a viable alternative to privat...

December 14, 2015 2 min read

Sri Lanka state railway land said seized by politicians

ECONOMYNEXT - A Sri Lankan parliamentarian has called for a probe into how land owned by the los-making state railway w...

December 11, 2015 1 min read

Competitive bids for Sri Lanka expressway project

ECONOMYNEXT – Sri Lanka’s new government has decided to call for competitive bids to build sections of a n...

December 10, 2015 1 min read

Holcim Sri Lanka unit to transport coal by train

ECONOMYNEXT – Sri Lanka’s Cabinet of ministers has approved a deal between cement multinational Holcim Lan...

December 10, 2015 1 min read

Uber launches ride sharing service in Sri Lanka

ECONOMYNEXT – Uber has launched its ride sharing service in Sri Lanka saying it was drawn by people already looki...

December 9, 2015 2 min read

Sri Lanka ‘port city’ traffic warning

ECONOMYNEXT – A proposed ‘port city’ next to the Sri Lankan capital Colombo will generate so much tr...

December 8, 2015 1 min read

Sri Lanka new govt accused of unsolicited bids in transport, lacking transparency

ECONOMYNEXT – Sri Lanka’s new government has been accused of going against pledges of transparency and ado...

December 7, 2015 13 min read
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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
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Source: Central Bank/Indicative
pts %
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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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I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka transport reforms seen delayed by politics

ECONOMYNEXT – A Sri Lankan transport expert has called for a change in the country’s policy on vehicle imp...

December 6, 2015 3 min read

Sri Lanka car dealers hold prices to reduce inventory

ECONOMYNEXT - Sri Lanka's car dealers offered pre-budget prices Sunday despite finance minister sharply raising taxes ac...

November 29, 2015 2 min read

Sri Lanka to electrify three-wheeler taxis

ECONOMYNEXT - Sri Lanka's Finance Minister Ravi Karunanayake plans to electrify the ubiquitous three-wheel taxis operati...

November 22, 2015 2 min read

Uber ride-sharing comes to Sri Lanka

ECONOMYNEXT - Uber, a ride-sharing company that allows car owners and drivers to take passengers for a fee has been laun...

October 22, 2015 2 min read

Sri Lanka to get US$200mn from ADB for rural roads

ECONOMYNEXT – Sri Lanka is to get two more low-cost long term loans amounting to 200 million US dollars from the ...

October 22, 2015 2 min read

Sri Lanka to call for monorail proposals this month

ECONOMYNEXT – Sri Lanka’s new government will make a request for proposals to build a monorail or mass rap...

October 19, 2015 1 min read

Sri Lanka road repair bids seen high, discounts low

ECONOMYNEXT – The lowest bids by construction firms to improve rural roads in central Sri Lanka were up to 70 per...

October 17, 2015 2 min read

China's MCC rejects slashed price of Sri Lanka highway contract

ECONOMYNEXT – Sri Lanka’s government said it would only achieve less than half the anticipated cost reduct...

October 15, 2015 2 min read

Sri Lanka car registrations surge to all time high as controls come in

ECONOMYNEXT - Sri Lanka's vehicle registrations hit an all-time high of 63,687 in September 2015 with cars surging to 14...

October 11, 2015 3 min read

Be wary of ‘supplier-driven’ solutions, Sri Lanka transport expert says

ECONOMYNEXT – Sri Lanka needs to be wary of ‘supplier-driven’ solutions for its urban mobility probl...

Rohan Gunasekera
October 2, 2015 2 min read