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Monday November 9th, 2026
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X-Press Pear sinking off Sri Lanka while being towed

On June 01 salvors had found the engine room flooded and smoke coming out of the hold

June 2, 2021 1 min read

Sri Lanka okays towing X-Press Pearl to deeper waters

President stated that the decision taken should be based solely on technical facts

June 2, 2021 1 min read

Salvors board X-Press Pearl off Sri Lanka after putting out fire

Assessment of the ship being carried out

June 1, 2021 2 min read

X-Press Pearl salvors mull boarding as Sri Lanka eyes pollution claim

Salvors are exploring the possibility of boarding the ship and making a tow connection

May 31, 2021 4 min read
Sri Lanka port development taken new turn with China help: Prime Minister

"Colombo port will become a hub, a new developed port with financial instruments that could cater to new demands"

Xi meets Sri Lanka PM as China eyes main Colombo airport development 

Prime Minister Gunawardena is on a six-day official visit to China

‘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
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

Sri Lanka air cargo growing fast

ECONOMYNEXT – Air cargo handled by SriLankan Airlines, the monopoly cargo handler at Sri Lanka’s internati...

May 20, 2016 2 min read

EgyptAir jet vanishes after mid-air plunge over Mediterranean

CAIRO/ATHENS, May 19 (Reuters) - An EgyptAir jet carrying 66 passengers and crew from Paris to Cairo disappeared from ra...

May 20, 2016 6 min read

Sri Lanka Dockyard in Rs77mn March quarter loss

ECONOMYNEXT – Sri Lanka’s Colombo Dockyard suffered a loss of 77 million rupees in the March 2016 quarter ...

May 17, 2016 1 min read

Sri Lanka's Mattala airport handles 2739 passengers in 2015

ECONOMYNEXT - Sri Lanka's Chinese built aiport in Mattala in Hambantota handled 2,379 passengers in 2015 down from 20,47...

May 16, 2016 1 min read

Sri Lanka central govt need not take-over all of SriLankan Airlines debt: Minister

ECONOMYNEXT - Sri Lanka's central government is not likely to take-over all debt of loss-making SriLankan Airlines but t...

May 15, 2016 2 min read

Japan to supply patrol boats to Sri Lanka

ECONOMYNEXT – Japan is to supply two patrol boats to Sri Lanka’s coast guard to strengthen its maritime su...

May 12, 2016 1 min read

Sri Lanka doubles fines for ticketless rail travel

ECONOMYNEXT – Sri Lanka has doubled the fine for passengers caught travelling without tickets on the state railwa...

May 12, 2016 1 min read

Sri Lanka's debt-laden airline to sell four new Airbus planes

COLOMBO, May 10 (Reuters) - Sri Lanka's debt-ridden national airline will sell four new Airbus A350s, a government minis...

May 10, 2016 2 min read

SriLankan Airlines lost Rs8.9 billion in 2015/16

ECONOMYNEXT - Sri Lanka's state-run SriLankan Airlines had lost Rs8.9 billion in the year to March 2016, down from Rs16....

May 10, 2016 2 min read

Sri Lanka railways' losses fall

ECONOMYNEXT – Operational loses at Sri Lanka’s state-run railway fell 30 percent to Rs7.7 billion in 2015 ...

May 6, 2016 2 min read