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Sri Lanka collects 34 containers of debris from stricken X-Press Pearl

Police assistance sought to find consignees and more details of cargo

June 3, 2021 2 min read

Sri Lanka beefs up defences for possible oil spill from X-Press Pearl

Fisheries Minister Kanchana Wijesekera said a plan had been devised to contain any possible oil spill

June 3, 2021 2 min read

X-Press Pearl stern hits bottom aborting tow, Sri Lanka renews oil spill watch

Salvors abort tow after the stern of the partially sunken vessel settles on the ocean floor

June 2, 2021 2 min read

Sri Lanka authorities made grave mistake in allowing doomed ship: Opposition MP

MP Herath said the minister's claim that the authorities were not informed about the leak is unacceptable

June 2, 2021 3 min read
Thailand explores Hambantota Port ahead of FTA, box handling

The port’s plans to commence its first phase of container operations was also discussed

Sri Lanka shippers say new global rules will prevent unfair charges

ECONOMYNEXT – Sri Lanka Shippers’ Council has said new guidelines by the International Chamber of Commerce...

June 22, 2016 2 min read

Sri Lanka to build first LRT for Colombo with Japan finding: Prime Minister

ECONOMYNEXT - Sri Lanka will build the first light rail transit (LRT) line in Colombo to ease traffic congestion with fu...

June 19, 2016 2 min read

Sri Lanka container fire in port said under control

ECONOMYNEXT – A fire onboard a vessel berthed at South Asia Gateway Terminals (SAGT) in Sri Lanka’s Colomb...

June 15, 2016 1 min read

Sri Lanka to enforce container weight rule from October

ECONOMYNEXT – Sri Lanka’s ports and shipping ministry said new international safety regulations that make ...

June 14, 2016 1 min read

Long ships berth at Sri Lanka port terminal

June 14, 2016 1 min read

Sri Lanka John Keells mulls more port investments

ECONOMYNEXT – Sri Lanka’s John Keells Group has said it's considering more investments in the ports busine...

June 13, 2016 2 min read

Sri Lanka Ports Authority calls for bids to run new container terminal

ECONOMYNEXT - The Sri Lanka Ports Authority (SLPA) has called for Expressions of Interest for the East Container Termina...

June 9, 2016 1 min read

US$90mn Exim Bank loan for Sri Lanka expressway extension consultancy

ECONOMYNEXT – Sri Lanka is to borrow almost $90 million from Exim Bank of China to fund a consultancy contract to...

June 9, 2016 1 min read

Chinese funds to upgrade 11 Sri Lankan roads linking southern expressway

ECONOMYNEXT – Sri Lanka is to use savings from a Chinese loan to build a section of its Southern Expressway to im...

June 9, 2016 1 min read

SriLankan Airlines, Qatar Airways codeshare improves connectivity

ECONOMYNEXT - Qatar Airways and SriLankan Airlines, both members of the oneworld alliance, have strengthened their coope...

June 7, 2016 2 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

‘Drunken’ policymaking leaves Sri Lanka with economic hangover

ECONOMYNEXT – Sri Lankan professionals are becoming frustrated with the lack of scientific decision-making by suc...

June 7, 2016 2 min read

SriLankan Airlines joins global crackdown on illegal wildlife trade

ECONOMYNEXT – SriLankan Airlines has joined a worldwide drive to crackdown on illegal global trade in wildlife by...

June 6, 2016 2 min read

Sri Lanka ‘Megapolis’ transport plan pits BRT against LRT

ECONOMYNEXT – A preference for Light Rail Transit (LRT) over Bus Rapid Transit (BRT) in a plan to modernise publi...

June 2, 2016 4 min read

Expolanka March quarter net down 31-pct

ECONOMYNEXT - Expolanka Holdings PLC said March 2016 quarter net profit fell 31% to 150 million rupees from a year ago.

June 2, 2016 2 min read

Departing CEO says Malaysia Airlines on the mend, coy on next move

DUBLIN, June 1 (Reuters) - The chief executive of Malaysia Airlines, turnaround specialist Christoph Mueller, said he wa...

June 2, 2016 2 min read

Sri Lanka dockyard seeks to diversify away from offshore vessels

ECONOMYNEXT – Colombo Dockyard is looking to diversify away from making offshore support vessels (OSVs) for the p...

May 31, 2016 1 min read

Sri Lanka’s CICT terminal to use electronic cargo dispatch notes

ECONOMYNEXT – Colombo International Container Terminals (CICT) said it has started to use ‘e Boat Notesâ�...

May 28, 2016 2 min read

Denmark explores Sri Lankan port investment options

ECONOMYNEXT – The envoy for Denmark, home to the world’s biggest container shipping line, met Sri Lankaâ�...

May 26, 2016 1 min read

SriLankan Airlines expands aviation training franchise; eyes Seychelles

ECONOMYENXT - SriLankan Aviation College, a unit of state-run SriLankan Airlines, said its franchise schools will be exp...

May 24, 2016 1 min read

Sri Lanka vehicle registrations subdued in April

ECONOMYNEXT - Sri Lanka's vehicle registrations were subdued in April 2016, continuing a trend seen from January, with 3...

May 24, 2016 2 min read