An Echelon Media Company
Friday November 13th, 2026
Ground

Sri Lanka to sign loan agreement with Japan for light rail

ECONOMYNEXT – Sri Lanka’s government is to sign an agreement with the Japanese aid agency, Japan Internati...

January 3, 2019 1 min read

Sri Lanka fuel prices fall 17.9-pct, regulated bus fares down 4.2-pct

Sri Lanka bus fares which were raised by state regulation three times this year have come down by 6 percent after a fuel...

December 29, 2018 2 min read

Sri Lanka’s Hayleys Advantis opens distribution hub

ECONOMYNEXT – Sri Lanka’s Hayleys group said its Hayleys Advantis logistics arm had commissioned its large...

December 19, 2018 2 min read

Sri Lanka’s planned light rail seen needing govt subsidies

A planned light rail transit system in Sri Lanka’s capital Colombo will need government subsidies, like elsewhere...

December 19, 2018 2 min read
Sri Lanka approves billion dollar tower block by China in Colombo Port City

Sri Lanka has approved a billion US dollar mixed development tower block project in Colombo Port City, where the sea ha...

Sri Lanka halts Japan funded Colombo light rail project

Sri Lanka has halted a Japan funded light rail project for the capital Colombo as it was too costly and brought low retu...

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
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's Central Expressway to get ADB, Japan, China finance

ECONOMYNEXT - An expressway to central Sri Lanka which is to go ahead with financing from Japan, China, the Asian Develo...

July 10, 2015 1 min read

Sri Lanka Ashok Leyland unit eyes light commercial vehicles

EconomyNext – Lanka Ashok Leyland aims to sell more light commercial vehicles and has embarked on an aggressive e...

July 10, 2015 1 min read

Sri Lanka electric car ownership doubles in May

COLOMBO (EconomyNext) – Sri Lanka's electric car ownership more than doubled in May 2015 to 681 units up from 321...

June 23, 2015 3 min read

Sri Lanka metropolis to get integrated urban, transport planning unit

COLOMBO (EconomyNext) – The Sri Lankan government plans to set up a multi-agency decision-making body for the Col...

Rohan Gunasekera
June 22, 2015 1 min read

Sri Lanka vehicle registrations up 82-pct in May 2015

COLOMBO (EconomyNext) - Sri Lanka's vehicle registrations rose 82 percent from a year earlier to 38,398 unit in May 2015...

June 22, 2015 2 min read

Sri Lanka plans BRT, bus lanes to ease traffic jams

COLOMBO (EconomyNext) – Sri Lanka’s transport authorities have proposed having bus priority lanes and intr...

June 20, 2015 2 min read

Sri Lanka Railways to buy more rolling stock

COLOMBO (EconomyNext) – Sri Lanka’s railway department plans to buy more rolling stock fleet to meet incre...

June 20, 2015 1 min read

Sri Lanka mulls road user charges to combat congestion

COLOMBO (EconomyNext) – Sri Lankan policymakers are considering a proposal to introduce road user charges to cope...

Rohan Gunasekera
June 12, 2015 1 min read

Sri Lankan online car sales seen growing fast

COLOMBO (EconomyNext) – Most Sri Lankans still use traditional ways of buying and selling vehicles like newspaper...

May 28, 2015 2 min read

Sri Lanka cuts Chinese financed ring road cost by 30-pct: ministry

COLOMBO (EconomyNext) - Sri Lanka will build a 4-lane ring road around the capital as planned by the last regime but the...

May 21, 2015 2 min read