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Monday November 9th, 2026
Logistics

Sri Lanka’s Expolanka buys US-based Complete Transport System for $6.1mn

The deal follows the acquisition of a South American logistic company

September 9, 2021 2 min read

SriLankan Airlines to resume direct flights to Paris thrice a week

"This new service will allow leisure and business travelers alike to travel to and from Paris non-stop".

September 7, 2021 2 min read

Sri Lanka awards coal barge contract to Shreeji Shipping of India

Contract for the period 2021/2022 and 2022/2023

August 31, 2021 1 min read

Sri Lanka’s Expolanka buys US-based IDEA Logistics for $9.7mn

IDEA has logistics operations in South America

August 27, 2021 1 min read
Sri Lanka keen to resume unilaterally cancelled LRT, but no agreement from Japan: FM

Gotabaya Rajapaksa's cancellation led to severed diplomatic ties with Japan

Sri Lanka expressway SOE to help pay off Rs860bn in debt: Minister

Dire need for optimal management of commercially productive assets to pay off debt of over Rs860bn

Sri Lanka port to resume operations; dock workers given ultimatum

Sri Lanka's Hambantota Port will resume full operations on December 15, with striking dockworkers given until December 1...

December 14, 2016 1 min read

Sri Lanka navy breaks up dock worker strike

Sri Lankan security forces fired warning shots Saturday to disperse striking dock workers who have prevented a Japanese ...

December 10, 2016 2 min read

Sri Lanka, China Merchants Port Holdings in deal to operate Hambantota port

ECONOMYNEXT – The Sri Lankan government has approved a deal in which China Merchants Port Holdings will operate t...

December 7, 2016 1 min read

Korea Eximbank to develop traffic master plan for Sri Lanka’s Kandy city

ECONOMYNEXT – The Export-Import Bank of Korea (Korea Eximbank) will support Sri Lanka to develop a master plan to...

December 2, 2016 2 min read

SriLankan Airlines begin flights to Addu Atoll, Maldives

State-run SriLankan Airlines began flying four times a week to Gan Island, in the Addu Atoll of Maldives becoming the fi...

December 1, 2016 1 min read

Sri Lanka calls for private investors to set up internal airline service

ECONOMYNEXT – Sri Lanka’s government is to invite private investors to set up an internal airline service ...

November 30, 2016 1 min read

Controversy brews over Hong Kong length lease of Sri Lanka port to China: report

Sri Lanka's Ports Minister Arjuna Ranatunga had objected to a proposed 99-lease of Hambantota port to China, questioning...

November 21, 2016 2 min read

Scientists meet in Sri Lanka to build Indian Ocean forecasting system

ECONOMYNEXT – Scientists from Indian Ocean countries are meeting in Sri Lanka this week aiming to build a weather...

November 18, 2016 2 min read

Sri Lanka’s Dockyard makes Rs189mn loss in Sept quarter

ECONOMYNEXT – Sri Lankan shipyard Colombo Dockyard said it made a loss of Rs189 million in the September 2016 qua...

November 16, 2016 1 min read

Lower duty, interest subsidy for Sri Lanka electric cars: Budget 2017

ECONOMYNEXT – Sri Lanka’s government will encourage use of electric cars by reducing excise duty and givin...

November 10, 2016 1 min read
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US Dollar 331.7485 330.8514
UK Pound 443.7468 438.3450
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Turnover Rs 1457.79 million 1193.67 million
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6-m bill 7.91 8.26
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8-yr bond 10.50 10.48
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today yesterday
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Source: Central Bank/Indicative

Sri Lanka state bus, rail to be self-financing by 2018: Budget 2017

ECONOMYNEXT – Sri Lanka’s loss-making state-owned bus and railway services will be expected to be self-fin...

November 10, 2016 1 min read

India’s RITES gets Sri Lanka railway engine contract

ECONOMYNEXT – India’s RITES Ltd. has been given a contract to supply Sri Lanka’s railway with 10 di...

November 10, 2016 1 min read

KLM Royal Dutch resumes Sri Lanka flights

ECONOMYNEXT - KLM Royal Dutch Airlines said it has resumed flights to Sri Lanka on November 1 after nearly two decades, ...

November 8, 2016 1 min read

Sri Lanka’s Expolanka Sept net down 39-pct

ECONOMYNEXT – Sri Lanka’s Expolanka Holdings PLC said September 2016 quarter group net profit fell 39 perc...

November 8, 2016 2 min read

Small car prices come down in Sri Lanka ahead of budget

ECONOMYNEXT - Car dealers were aggressively advertising discounted prices on small cars amid expectations that Thursday'...

November 8, 2016 1 min read

SriLankan employs some staff of grounded budget carrier

State-run SriLankan Airlines had employed 50 cabin crew from Mihin Lanka, a loss-making vanity airline started by ex-Pre...

November 7, 2016 1 min read

Maersk keen on Sri Lanka port container terminal

ECONOMYNEXT – Denmark’s Maersk Group, which operates the world’s biggest container shipping line, i...

November 3, 2016 2 min read

Sri Lanka govt to service Hambantota loans; budget cash from asset sale

ECONOMYNEXT - Sri Lanka is expecting to raise a $1 billion upfront from the sale of an 80 percent stake in the Southern ...

November 3, 2016 2 min read

Sri Lanka approves multi modal transport hub for ‘Megapolis’

ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers has approved a proposal to set up a multi-modal transport h...

November 3, 2016 1 min read

Investors only, no airlines seeking to buy SriLankan Airlines

Sri Lanka is likely to end up with narrow shortlist of about 'two or three' investors out of about eight who expressed i...

November 1, 2016 1 min read