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SriLanka Airlines loses Rs24.8bn from April to July 2021

Airline had a seat factor of 20-pct

November 29, 2021 1 min read

China's ZPMC wins Sri Lanka STS and gantry crane deal

Six parties have bid the contract

November 24, 2021 1 min read

Sri Lanka ECT construction deal to China Habhour, Access Engineering

The cabinet had approved the award after evaluating three bids

November 24, 2021 1 min read

India's Vistara Airlines resumes Sri Lanka flights

The airline will expand to daily operations between Delhi and Mumbai

November 20, 2021 1 min read
Talks on resuming Japan funded Sri Lanka airport terminal next week: Minister

Key benefit of finishing OCC restructuring is re-starting stalled projects

Sri Lanka port trade unions oppose increase in female gantry operators: Minister

Unions have protested the increase of female gantry crane operators

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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 331.7485 330.8514
UK Pound 443.7468 438.3450
Euro 372.5204 371.0168
Yen 2.0969 2.0916
Aus Dollar 233.0533 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.4948 3.4202
Korean Won 0.2499 0.2479
Oman Rial 861.6397 859.3320
Saudi Riyal 88.4403 88.0955
UAE Dirham 90.3209 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
CSE All Share 19,927.30 -0.28%
Turnover Rs 1457.79 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

Colombo Dockyard to get US$180mn Sri Lanka patrol vessel deal

Sri Lanka's cabinet of minister had given nod for a 180 million US dollar order for coast guard vessels from Colombo Doc...

March 1, 2017 1 min read

Sri Lanka completes Megapolis water transport study, EOIs soon

ECONOMYNEXT – The Sri Lankan government has completed a pre-feasibility study on inland water transport in the pl...

February 28, 2017 2 min read

Sri Lanka Megapolis light rail feasiblity starts, EOIs by year-end

A feasibility study on building a Light Rail Transit (LRT) system in the Sri Lankan capital Colombo starts today with ex...

February 28, 2017 3 min read

SrLankan Airlines expects fuel savings from AirbusA320NEO aircraft

State-run SriLankan Airlines took delivery of the first of six Airbus A320 variants which will be deployed on short haul...

February 27, 2017 1 min read

AerCap found buyers for SriLankan A350-900s within three weeks: report

ECONOMYNEXT - AerCap, a Dutch based aircraft leasing company had found new buyers for three airbus Airbus A350-900 aircr...

February 23, 2017 1 min read

Sri Lanka to set up expressway company

ECONOMYNEXT – The Sri Lankan government is set up a Special Infrastructure Company (SIFCO) that will own existing...

February 23, 2017 1 min read

Norwegian firms keen on investing in Sri Lanka ports: envoy

ECONOMYNEXT – Norwegian companies are interested in investing in Sri Lanka’s shipping and ports sector, th...

February 21, 2017 1 min read

Sri Lanka to develop Galle Yacht marina by 'Swiss challenge'

Sri Lanka will use the 'Swiss Challenge' method to identify a developer for a yacht marina in the Southern port of Galle...

February 11, 2017 1 min read

India's Mahindra launches prime movers, buses in Sri Lanka

India's Mahindra and Mahindra Ltd has launched a large trucks, buses, earthmoving equipment, and power generators, in Sr...

February 10, 2017 1 min read

SriLankan Airlines says aircraft lease to PIA ‘most profitable’

ECONOMYNEXT – SriLankan Airlines said a ‘wet lease’ of an Airbus A330-300 aircraft to Pakistan Inter...

February 9, 2017 1 min read