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Sri Lanka shippers welcome ruling on extra import freight charges

Delivery order fees capped

July 14, 2021 6 min read

Sri Lanka's China-backed Hambantota port volumes up 186-pct in 2021 first half

Cargo handled was 1,206,425 metric tonnes up from 420,421 metric tonnes a year ago.

July 11, 2021 2 min read

SriLankan Airlines loses Rs58bn to Feb 2021 amid Coronavirus

Accumulated loses rise to Rs384bn

July 8, 2021 2 min read

Sri Lanka's Mattala Airport gets international health certificate

Sri Lanka's Bandaranaike International Airport received ACI accreditation on January 11.

July 1, 2021 1 min read
SriLankan Engineering implements AMOS ERP

It will be able to boost engineering productivity, reduce costs and maintain quality and consistency in its maintenance

SriLankan Air Europe flight times extended, payloads cut amid Israel-Iran attacks

Passenger miss flights due to earlier departures

ADB to fund design and study of rail, road and ports in Sri Lanka

Manila-based Asian Development Bank said it was providing $24 million of technical assistance to design and study of exp...

September 23, 2016 1 min read

Lower piracy risk reduces Sri Lanka sea marshall business

Sri Lanka’s southern port of Galle has seen a fall in the business of providing transit services for sea marshall...

Rohan Gunasekera
September 23, 2016 1 min read

Sri Lanka Colombo plans for 35mn TEU capacity with north port

Sri Lanka's state-run ports agency has plans to expand Colombo to handle 35 million containers a year by 2040, with a No...

September 22, 2016 1 min read

Sri Lanka embraces India's Sagarmala, to use para diplomacy to link Southern states: PM

Sri Lanka will support India's 'Sagaramala' program of building ports around the country, and will use para diplomacy to...

September 22, 2016 2 min read

Sri Lanka to build container port in Trincomalee: PM

Sri Lanka was planning a container terminal in the North Eastern port of Trincomalee, which can serve India, Bangladesh ...

September 22, 2016 1 min read

Indian port reforms seen no threat to Sri Lanka yet

ECONOMYNEXT- Indian government reforms to lift coastal shipping restrictions and encourage ports to attract mainline shi...

September 21, 2016 1 min read

Sri Lanka tax payers spend Rs204bn on rail over 5-years; Rs31bn in losses

Sri Lanka has spent Rs204 billion on a state-run rail system, and run losses of Rs30.4 billion, before accounting for an...

September 21, 2016 1 min read

Sri Lanka see rise in train related suicides in 2015

In 2015, 161 persons had committed suicide by jumping in front of moving trains, up from 141, a year earlier, while repo...

September 21, 2016 1 min read

Sri Lanka vehicle registration see slight upturn in August

Sri Lanka's vehicle registrations rose to 41,798 units in August from 35,775 in July, with motorcycles picking up to 29,...

September 19, 2016 2 min read

SriLankan Airlines bans exploding Samsung phones

State-run SriLankan Airlines said it had banned the use or charging of Samsung Galaxy Note 7 phones on its flights follo...

September 15, 2016 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
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Source: Central Bank/Indicative

Sri Lanka’s Hayleys Advantis doubles container handling capacity

ECONOMYNEXT – Hayleys Advantis Limited said it has doubled its container handling capacity with the opening of a ...

September 13, 2016 2 min read

SriLankan Airlines suspends official in pilot dispute over alcohol test

ECONOMYNEXT - SriLankan Airlines said it has suspended an official for a “lapse” in process after he allowed...

September 12, 2016 2 min read

Sri Lanka pilots stage union action over faulty alcohol testing

Pilots of Sri Lanka's national carrier began trade union action on Friday to protest alleged irregularities in administe...

September 9, 2016 2 min read

SriLankan Airlines pilot ‘work-to-rule’ could disrupt flights

ECONOMYNEXT – SriLankan Airlines said a ‘work-to-rule’ campaign by its pilots union, protesting agai...

September 9, 2016 2 min read

Sri Lanka’s CICT lures new service with Ultra Large Container Carrier

ECONOMYNEXT - One of the largest container ships afloat is expected to call at Sri Lanka for the first time next week, s...

September 9, 2016 3 min read

Sri Lanka in talks with AerCap to cancel three Airbus 350s

State-run SriLankan Airlines is in talks with AerCap, a Dutch aviation lender to cancel orders to lease three Airbus A35...

September 8, 2016 1 min read

Sri Lanka builds piers for ferries to link northern islands

ECONOMYNEXT – Sri Lanka’s Ports and Shipping Ministry said four piers and a slipway are to be built to cat...

September 8, 2016 1 min read

Sri Lanka mulls canal boat service with private partner for Colombo

Sri Lanka will study the feasibility of starting a boat service on the canals and the Kelani River in the capital Colomb...

September 8, 2016 2 min read

Sri Lanka runway closure to cut seat capacity by 15-pct

An eight-hour daytime closure of Sri Lanka's main airport next year to rebuild its sole will cut seat capacity to the co...

September 8, 2016 1 min read

Sri Lanka budget carrier Mihin Lanka to stop flying

State-run Mihin Lanka, a loss-making budget carrier created by one of ex-President Mahinda Rajapaksa's close associates ...

September 7, 2016 2 min read