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Sri Lanka's PickMe mulls financial services

ECONOMYNEXT – Sri Lankan ride hailing service PickMe is considering going into financial services in the medium t...

December 18, 2018 2 min read

Sri Lanka logistics firms mull tie-ups with start-ups

ECONOMYNEXT – Sri Lankan logistics firms are adapting to changing customer behaviour and technology and could str...

December 14, 2018 1 min read

Sri Lankan private bonded warehouses allowed to clear LCL cargo

ECONOMYNEXT- Sri Lanka is allowing privately-held warehouses to clear goods imported in less than a container load of ca...

October 23, 2018 1 min read

Sri Lankan new car importers call for controls on competition

ECONOMYNEXT – Ceylon Motor Traders Association (CMTA) has urged Sri Lanka’s government to regulate vehicle...

October 4, 2018 5 min read
Sri Lanka bus operators look for loan bailout as Coronavirus curbs hit revenues

Sri Lanka is looking at mortgaging route licenses of private buses to raise cash with operators saying revenues had halv...

Sri Lanka biz chamber proposes way to cut public transport risks as economy opens after Covid-19

Sri Lanka's Ceylon Chamber of Commerce had given proposal on how to reduce risks in public transport after Coronavirus cont...

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
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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
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

Traffic jams could slow Sri Lanka economic growth, transport expert warns

COLOMBO (EconomyNext) – Worsening traffic jams in Sri Lanka’s main metropolitan region could raises costs ...

Rohan Gunasekera
May 18, 2015 2 min read

Sri Lanka electric car ownership almost doubles in May

COLOMBO (EconomyNext) - Sri Lanka's electric car ownership almost doubled in May 2015, generating a surge of new registr...

May 18, 2015 1 min read

Sri Lanka vehicle registrations up 70-pct in April

COLOMBO (EconomyNext) – Sri Lanka's vehicle registrations rose 70-percent from a year earlier to 48,718 units in ...

May 15, 2015 2 min read

Hybrid auto purchases plunge in Sri Lanka after tax hike

COLOMBO (EconomyNext) - New registrations of hybrid automobile have plunged 46 percent to 2,296 unit in April 2015 from ...

May 15, 2015 2 min read

Sierra Construction wins deal to build Sri Lankan multimodal transport hub

COLOMBO (EconomyNext) – Sierra Construction (Pvt) Ltd. has won a contract to build Sri Lanka’s first multi...

May 15, 2015 1 min read

Sri Lanka transport reforms urgent as vehicles crawl: expert

COLOMBO (EconomyNext) – Urgent transport reforms are needed in Sri Lanka with average vehicle speeds in the capit...

Rohan Gunasekera
May 13, 2015 2 min read

Sri Lanka now has oversupply of buses

OLOMBO (EconomyNext) – Poor transport management and failure to implement plans have left Sri Lanka with an overs...

May 6, 2015 2 min read

Sri Lanka state bus service reduces losses

COLOMBO (EconomyNext) – Sri Lanka’s state-run bus agency managed to reduce losses in 2014 but both it and ...

May 4, 2015 2 min read

Sri Lanka state railway losses mount

COLOMBO (EconomyNext) – Losses at Sri Lanka’s state-owned railway “increased substantially“ in...

April 30, 2015 1 min read

Sri Lanka electric car ownership goes up

COLOMBO (EconomyNext) - Sri Lanka's electric car ownership has started to gain traction with new registrations more than...

April 19, 2015 1 min read
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