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Sri Lanka to build road fund with fuel tax, revenue licenses

Fuel and car license fess to be taxed

April 16, 2023 2 min read

Sri Lanka apparel exporters object to planned change in shipping charges

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January 20, 2023 6 min read

India lends over US$1.1bn to upgrade Sri Lanka Railways

About US$180mn project ongoing or planned

January 9, 2023 2 min read

Sri Lanka's China-backed port mulls yard expansion amid roaring RO-RO business

In 2022, HIP handled a total volume of 558,188 units through 249 vessel calls, which is expected to increase.

January 8, 2023 1 min read
Lanka Ashok Leyland to launch electric buses in Sri Lanka

An electric variant of its DOST truck model has already been made available.

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
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 restricts parcels on buses, trains after suicide bombings

ECONOMYNEXT – Sri Lanka’s public transport authorities said they will impose restrictions on carrying parc...

April 23, 2019 1 min read

Capital Trust launches Taxiya after acquiring ride hailing firm

Sri Lanka based Capital Trust Holdings said it is launching a ride-hailing app branded Taxiya, after acquiring an existi...

April 6, 2019 1 min read

India's Ircon wins US$91mn deal to modernise northern Sri Lanka rail line

ECONOMYNEXT - Sri Lanka's government has awarded India’s Ircon International Ltd. a contract for 91.3 million US ...

April 3, 2019 1 min read

First Sri Lanka multimodal transport centre opens Sunday

ECONOMYNEXT – Sri Lanka’s first multimodal transport centre enabling travellers to easily switch between r...

March 29, 2019 2 min read

Sri Lanka state firm to buy 37 luxury buses from Softlogic

ECONOMYNEXT - State-run Sri Lanka Transport Board has awarded a contract to supply 37 luxury buses to Softlogic Automobi...

March 28, 2019 1 min read

Mahindra TREO electric trishaws launched in Sri Lanka

Mahindra and Mahindra Ltd of India has launched its TREO electric trishaw in Sri Lanka which will reduce pollution and n...

March 27, 2019 2 min read
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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
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