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Sri Lanka railway track upgrade with India credit line begins

India has provided over a billion US dollars to upgrade railways

January 8, 2024 1 min read

Sri Lanka seeks foreign investors for 200-electric bus service

Charging points require larger number of buses to recover investment

August 30, 2023 1 min read

Sri Lanka Railways to be studied by restructuring committee

People asking that the railways be privatized

July 25, 2023 1 min read

Sri Lanka plans aircraft dismantling at Mattala Airport 

To boost utilization of the airport government approval has been received for several new activities

June 8, 2023 1 min read
Sri Lanka car registrations fall in Aug, crossovers, trishaws up

BYD, Toyota dominate car and crossover sales

Sri Lanka Railways to build three-car light trains for rural towns

To be operated in Puttalam, Batticaloa and Mihinthale areas

Sri Lanka lifts floor barrier for bonded warehouses

Sri Lanka's finance minister Mangala Samaraweera proposed to lift the requirement for a minimum 50,000 square feet (abou...

October 18, 2019 1 min read

Sri Lanka vehicle registrations recover in July after Easter bombings

Vehicle registration in Sri Lanka has grown in July from a month earlier, as the country recovers after the Easter Sunda...

August 26, 2019 1 min read

Sri Lanka begins upgrading ageing railway with ADB credit

Sri Lanka is starting to upgrade its ageing railway network loan to win back passengers as congestion and delays hits ro...

August 19, 2019 2 min read

Sri Lanka begins building Light Rail system

Sri Lanka's first Light Rail Transit (LRT) system which runs a 16 kilometre stretch from the suburb Malabe to the commer...

August 17, 2019 2 min read

Sri Lanka gets first US$10.3mn train for upcountry line from China

Sri Lanka has imported a train from China for the upcountry line at the cost 10.3 million US dollar (1.83 billion rupees...

August 13, 2019 1 min read

Sri Lanka's JKH helps preserve 1878 railway station in Colombo

Sri Lanka's largest conglomerate John Keells Holdings (JKH) has renewed its commitment to maintain the historic Slave Is...

August 8, 2019 2 min read

India delivers trains, engine to Sri Lanka under soft loan

ECONOMYNEXT – India has delivered the fourth of six Class S13 train sets to Sri Lanka along one Class M11 engine,...

July 23, 2019 1 min read

Hybrid electric vehicle standards needed, Sri Lanka transport expert says

Hybrid electric vehicles can help reduce emissions but minimum standards and adequate support infrastructure are needed ...

July 17, 2019 3 min read

Sri Lanka’s MAS Holdings, Hellmann Worldwide expand logistics joint venture

Sri Lankan apparel exporter MAS Holdings and Hellmann Worldwide Logistics are expanding their joint venture for logistic...

July 10, 2019 2 min read

Sri Lanka's United Motors eyes commercial, earth moving vehicles as car sales fall

ECONOMYNEXT - United Motors Lanka, agents in Sri Lanka for Mitsubishi automobiles, has said it diversifying into commerc...

July 8, 2019 3 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
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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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Source: Central Bank/Indicative

Sri Lanka LRT project to ease congestion, boost economy: Champika

A 2.2 billion US dollar light rail transit project for Colombo, will ease congestion and boost economic activity, Sri La...

July 4, 2019 1 min read

Chinese firm wins Sri Lanka rail container deal for solid waste

China’s state-owned power plant and railway equipment manufacturer Dongfang Electric International Corporation ha...

July 3, 2019 1 min read

Sri Lanka plans US$50mn cable car project in Nuwara Eliya

Sri Lanka's cabinet of ministers had given initial clearance for a cable car project in hill country town of Nuwara Eliy...

July 3, 2019 1 min read

Auto agents to draw up future mobility plan for Sri Lanka

ECONOMYNEXT - Ceylon Motor Traders Association, representing agents of global automakers, said they were planning to dra...

June 27, 2019 1 min read

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...

Mahadiya Hamza
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...

Tania Madies
May 7, 2019 3 min read

Sri Lanka road investments slow to yield economic expansion: Central Bank

ECONOMYNEXT – Despite big investments in building roads with the aim of improving connectivity in Sri Lanka, the ...

April 29, 2019 2 min read

Sri Lanka car imports recover in March but below last year’s level

ECONOMYNEXT – Sri Lankan car registrations recovered in March 2019 to 2,961 units, up from 2,347 units in Februar...

April 29, 2019 1 min read
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