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Friday November 13th, 2026
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ADB to finance US$300mn Sri Lanka elevated port highway

Manila-based Asian Development Bank will help build an elevated access highway to Sri Lanka with financing of 300 millio...

January 17, 2019 1 min read

New Sri Lanka logistics facility targets exporters

ECONOMYNEXT – Sri Lanka’s investment agency has approved a project to build a warehouse and container depo...

January 8, 2019 1 min read

Japan soft loan for Sri Lanka LRT at low interest, 40-yr payback

ECONOMYNEXT - A 1.85 billion dollar equivalent loan offered by Japan to build a light rail transit system in Sri Lanka...

January 4, 2019 1 min read

Sri Lanka to get digital transit card for bus, rail transport

ECONOMYNEXT – Sri Lanka’s central bank is working to help introduce a digital transit card to be used in b...

January 3, 2019 1 min read
Sri Lanka vehicle registrations down in July

Sri Lanka's vehicle registrations fell to 28,572 in July down from 32,123 with motorcycle registration at 22,419 from 25...

Sri Lanka plans US$4bn PPP for LRT in place of Japan funded soft-loan project

Sri Lanka plans to request proposals to fund a 2.2 billion US dollar light rail transit project after cancelling a Japan...

Sri Lanka credit squeeze slows car sales, hits prices

ECONOMYNEXT - Sri Lankan car prices which spiked with the sharp depreciation of the local currency has seen weak demand ...

September 27, 2015 2 min read

Sri Lanka may target old people, poorer car owners in Japan-backed controls: report

ECONOMYNEXT - Sri Lanka may bring tough regulations on old cars which are owned by the less affluent and old couples who...

September 27, 2015 5 min read

Volkswagen shares plunge on emissions scandal, U.S. widens probe

BERLIN/WASHINGTON, Sept 21 (Reuters) - Volkswagen shares plunged more than 20 percent on Monday, their biggest one-day f...

September 21, 2015 5 min read

Sri Lanka and India talks on Hanuman Bridge: report

ECONOMYNEXT - A newly revived plan to build a bridge between India and Sri Lanka has been discussed during a visit by Pr...

September 16, 2015 1 min read

New expressway bypassing Sri Lankan capital to ease traffic jams

ECONOMYNEXT – The second section of an expressway bypassing the Sri Lankan capital Colombo will be opened this we...

September 15, 2015 3 min read

Sri Lanka's new vehicle registrations up 31-pct in August; slows from July: data

ECONOMYNEXT - Sri Lanka's vehicle registrations fell to 50,555 in August 2015, from 62,221 in July 2014, but were still ...

September 14, 2015 2 min read

Sri Lankan firms told of cost savings from sustainable logistics

ECONOMYNEXT – Sri Lankan companies that adopt sustainability initiatives in transport and logistics can not only ...

Rohan Gunasekera
September 11, 2015 2 min read

Sri Lanka car importers say they would back better public transport

ECONOMYNEXT – Sri Lankan vehicle importers say they would be supportive of government efforts to improve public b...

August 31, 2015 2 min read

Sri Lanka three wheeler population tops one million

ECONOMYNEXT - Sri Lanka's three wheeler population has topped one million in July 2015, the latest data shows with surge...

August 31, 2015 3 min read

Used hybrid cars gain market share in Sri Lanka

ECONOMYNEXT – Sri Lankan importers of new vehicles have been losing market share to hybrids after the government ...

August 30, 2015 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
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

Code of ethics for Sri Lankan car importers

ECONOMYNEXT – Sri Lankan importers of new vehicles have introduced a code of conduct to prevent malpractices that...

August 29, 2015 1 min read

Sri Lanka transport taxation needs urgent fix, experts say

ECONOMYNEXT - Sri Lankan transport experts recommend replacing the existing tax system with cost-based pricing so users ...

Rohan Gunasekera
August 17, 2015 4 min read

Sri Lanka probes loss to govt railway from luxury train service

ECONOMYNEXT – Sri Lanka’s police Criminal Investigations Department has been asked to probe a steam-engine...

August 9, 2015 1 min read

Sri Lanka probes private bus services under state logo

ECONOMYNEXT – Sri Lanka’s Internal Transport Ministry has complained to the bribery commission about the o...

August 7, 2015 1 min read

Sri Lanka says Indian, Chinese railway projects cost too much

ECONOMYNEXT – Sri Lanka’s government is investigating two railway projects funded and built by India and C...

August 6, 2015 2 min read

Sri Lanka's TATA, Benz agency net up 600-pct amid credit fired consumption

ECONOMYNEXT - Profits at Sri Lanka's Diesel and Motor Engineering Plc (DIMO) grew 655 percent to 228 million rupees in t...

August 6, 2015 1 min read

China's MCC gets part of Sri Lanka central expressway contract

ECONOMYNEXT – Sri Lanka has given Metallurgical Corporation of China (MCC) a contract to build the first section ...

July 27, 2015 1 min read

Sri Lanka needs Rs1.7trn in transport investment over 20 years

ECONOMYNEXT – Sri Lanka needs to invest up to 1.7 trillion rupees over the next 20 years to modernise its neglect...

Rohan Gunasekera
July 20, 2015 2 min read

Sri Lanka auto registrations up 95-pct in June amid cheap credit

ECONOMYNEXT - Sri Lanka's vehicle registrations rose 95 percent to 95,624 in June 2015 from a year earlier, driven by st...

July 20, 2015 3 min read

India to study feasibility of US$3.6bn bridge to Sri Lanka: report

ECONOMYNEXT - India's is planning to study the feasibility of building a bridge to Sri Lanka which may cost 3.6 billion ...

July 18, 2015 1 min read