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Monday November 9th, 2026
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Sri Lanka to investigate private domestic carrier after emergency landings

A Sakurai-owned light aircraft made two emergency landings in one week owing to technical failures.

December 28, 2021 2 min read

Sri Lanka defence ministry to vet foreign spouses of citizens, series of new controls: report

Church marriages will also have to get pre-approval from the Defence Ministry to solemnize a marriage

December 27, 2021 3 min read

China firm to Salvage Express Pearl wreck off Sri Lanka

SSC have established a project team for the salvage operation and have already mobilized

December 8, 2021 1 min read

Sri Lanka INSEE unit cuts costs using China-run Hambantota Port

Hambantota port had allowed INSEE to bring larger ships lowering costs

December 2, 2021 1 min read

Sri Lanka dockyard eyes modification business from new regulation

ECONOMYNEXT – Sri Lanka’s loss-making Colombo Dockyard is pursuing new business opportunities in ship repa...

March 27, 2017 1 min read

Sri Lanka in final stretch to ink Hambantota port deal with China

Sri Lanka is close to inking a revised deal with China's CM Port Holdings to sell an 80 percent stake in Hambantota port...

March 23, 2017 4 min read

Sri Lanka says China agrees to cut Hambantota port stake to 60-pct in a decade

Sri Lanka has reached an agreement to sell 80 percent of Hambantota port to China though a joint venture, an option to r...

March 22, 2017 2 min read

SriLankan Airlines partner may be in place by year end

A partner to turn around Sri Lanka's loss-making state carrier may be in place by the end of the year, with private equi...

March 21, 2017 2 min read

Sri Lanka govt snubs shipping industry on policy initiative

Efforts by Sri Lanka’s shipping professionals to initiate discussions with the government on a policy for its por...

March 21, 2017 2 min read

Sri Lanka shipping industry mystified over unopened Hambantota port proposals

ECONOMYNEXT – Proposals to make investments at Hambantota port in southern Sri Lanka, which critics have dubbed a...

March 20, 2017 2 min read

Sri Lanka wants boost daily flights by 60-pct, reduce costs

Sri Lanka leisure sector wants to boost daily flights to the country to 130 a day from the current 80 and cut costs, the...

March 17, 2017 1 min read

Sri Lanka bus lane experiment showing results: officials

An experimental bus priority lane on a congested road leading to Sri Lanka's capital Colombo, has valuable insights and ...

March 15, 2017 3 min read

Somali pirates hijack oil tanker with eight Sri Lanka crew

Pirates have hijacked an oil tanker with eight Sri Lankan crew onboard, a Somali official said on Tuesday. This is the f...

March 14, 2017 2 min read

Aitken Spence and France's DPG Group in courier services to Sri Lanka and Maldives

Aitken Spence said it will represent France's DPD group to provide international courier services in Sri Lanka and the M...

March 14, 2017 1 min read
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US Dollar 331.7485 330.8514
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Euro 372.5204 371.0168
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today yesterday
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Source: Central Bank/Indicative

JBIC, Mitsubishi Bank to finance Sri Lanka coastguard vessel order

ECONOMYNEXT - Sri Lanka's Colombo Dockyard Plc has proposed financing from JBIC, Bank of Tokyo Mitsubishi UFJ for a $180...

March 13, 2017 1 min read

Sri Lanka's Colombo port volume up 10.6-pct helped by Chinese terminal

Sri Lanka's Colombo Port handled 5.734 million containers in 2016, up 10.6 percent from a year earlier, helped by a deep...

March 11, 2017 1 min read

Sri Lanka Ports Authority aims at 51-pct stake in new terminal amid delays

State-run Sri Lanka Ports Authority would like to retain a 51 percent in a terminal for which a private investor is bein...

March 10, 2017 2 min read

Sri Lanka Port Authority makes Rs11bn in profits in 2016

Sri Lanka Ports Authority had made profits of 11 billion rupees (73 million US dollars) in the year to December 2016, on...

March 9, 2017 1 min read

Sri Lanka's Hambantota port deal with China to be revamped: Minister

Sri Lanka plan to bring a Chinese state firm as an investor to Hambantota Port to will be revamped to bring it in line w...

March 9, 2017 2 min read

Sri Lanka’s planned parking high-rises will be costly

ECONOMYNEXT – Sri Lanka plans to build high rise parking structures to cater to growing private vehicle use under...

March 9, 2017 1 min read

Sri Lanka port employs women gantry operators in regional first

State-run Sri Lanka Ports Authority said it has started employing lady gantry crane operators in a first for a South Asi...

March 9, 2017 1 min read

Sri Lanka to test bus priority traffic system

ECONOMYNEXT – Sri Lanka will test a bus priority system in a suburb of the capital Colombo on the most congested ...

March 8, 2017 3 min read

Chinese Communist team inspects Sri Lanka port, airport

ECONOMYNEXT – A Communist Party team from China’s business capital has inspected an airport and port built...

March 7, 2017 2 min read

Sri Lanka to test automated traffic management system

ECONOMYNEXT – Sri Lanka will soon test an automated traffic offence management system using closed circuit televi...

March 6, 2017 1 min read