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Monday November 9th, 2026
Logistics

India sends ships, aircraft to help Sri Lanka control oil spill, X-press Pearl blaze

Vessels Vaibhav, Vajra and Samudra Prehari by Indian Coast Guard and Tug Water Lilly

May 25, 2021 2 min read

Sri Lanka fishermen warned off X-Pres Pearl fire zone amid oil spill fears: Minister

Video footage shows the fire blazing amidships and the X-Press Pearl listing to port

May 25, 2021 3 min read

Blazing X-press Pearl off Sri Lanka triggers Tier II oil spill warning

The fire began in containers carrying chemicals

May 25, 2021 3 min read

Singapore flagged X-Press Pearl under watch off Sri Lanka after fire

Sri Lanka vessels monitoring the vessel for fresh fires

May 21, 2021 2 min read
Sri Lanka Railways squatters to be leased land, charged tax

Land and property occupied by squatters for over 10 years to be assessed, lease agreement to be signed

Sri Lanka to seek BOT investor for Galle leisure port

Mixed development projects would be set up on the filled land.

Sri Lanka Dockyard renegotiates ship orders, delays accounts

ECONOMYNEXT – Sri Lanka’s Colombo Dockyard said it was renegotiating orders for new ships with customers h...

March 3, 2016 1 min read

Sri Lanka seeks ADB funding for US$250mn elevated highway

ECONOMYNEXT - Sri Lanka is seeking finance from the Asian Development Bank for a 250 million US dollar elevated expressw...

March 3, 2016 1 min read

Sri Lanka probes loss of revenue from unused port weighbridge

ECONOMYNEXT – Sri Lanka’s ports and shipping minister Arjuna Ranatunga has ordered a probe into revenue lo...

March 3, 2016 1 min read

Sri Lanka leaders covet Airbus VIP suite for themselves: ex-President

ECONOMYNEXT - Sri Lanka's ex-President Mahinda Rajapaksa charged that the island's new leaders also wanted a four millio...

March 1, 2016 2 min read

Sri Lanka shippers told mis-declared cargo could disrupt supply chains

ECONOMYNEXT – The International Maritime Organisation has told Sri Lankan shippers supply chains could get disrup...

February 19, 2016 2 min read

Takata considering trimming air bag operations - Kyodo News

TOKYO, Feb 18 (Reuters) - Takata Corp is considering trimming its global air bag operations, including consolidating pro...

February 18, 2016 2 min read

Sri Lanka's Colombo aims to be top regional cruise hub

ECONOMYNEXT - Sri Lanka's Colombo port will build a dedicated cruise terminal aiming to be the largest cruise port in th...

February 18, 2016 1 min read

Sri Lanka mulls shifting coastal rail track inland

ECONOMYNEXT - A plan to make Sri Lanka's capital Colombo into a 'megapolis' of nine million people by 2040 has suggested...

February 15, 2016 1 min read

SriLankan Airlines to axe Rome, boost Middle East, China

ECONOMYNEXT - State-run SriLankan Airlines will axe its loss-making run to Rome and boost frequencies to China, India an...

February 15, 2016 2 min read

Sri Lanka mulls closing Ratmalana airport

ECONOMYNEXT - A plan to make Sri Lanka's capital Colombo into 'Megapolis' of 9 million people has proposed developing a ...

February 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
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Source: Central Bank/Indicative
pts %
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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
Source: Central Bank/Indicative
today yesterday
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Source: Central Bank/Indicative

Sri Lanka’s Mercantile Shipping losses widen in December quarter

ECONOMYNEXT – Sri Lankan ship owner Mercantile Shipping Company’s December 2015 quarter loss rose 56 perce...

February 15, 2016 1 min read

ADB to advise Sri Lanka port on equity partner for terminal

ECONOMYNEXT - The Asian Development Bank will advise state-run Sri Lanka Ports Authority to seek a 49 percent joint vent...

February 12, 2016 1 min read

Sri Lanka port cargo volume hits new high

ECONOMYNEXT – Container volumes at Sri Lanka’s Colombo port hit a new high of 22,422 twenty-foot equivalen...

February 11, 2016 1 min read

Sri Lanka state airline reviewing Airbus A350 deal; criminal probe on

ECONOMYNEXT - Sri Lanka is reviewing a deal to acquire eight airbus A350 aircraft which was to be deployed on loss-makin...

February 10, 2016 2 min read

Sri Lanka to review shipping policy with stakeholders

ECONOMYNEXT – Sri Lanka’s Minister of Ports and Shipping Arjuna Ranatunga has held the first meeting of an...

February 9, 2016 1 min read

Japan’s SG Holdings ups stake in Sri Lanka logistics group

ECONOMYNEXT – Japan’s SG Holdings said it has raised its stake in Expolanka Holdings, a Sri Lankan logisti...

February 2, 2016 1 min read

Korea to study Sri Lanka's longest tunnel to ease Kandy congestion

ECONOMYNEXT - Export-Import Bank of Korea and Sri Lanka's Road Development Authority is to study the construction of wha...

February 2, 2016 2 min read

Sri Lanka airport wraps up US$600mn Japan funding for expansion

ECONOMYNEXT - State-run Sri Lanka Airport and Aviation Services Ltd, is expected to call bids for a new terminal buildin...

February 1, 2016 2 min read

Sri Lanka's Colombo used as turnaround port by Hapag-Lloyd cruise line

ECONOMYNEXT - Germany's Hapag-Lloyd Kreuzfahrten has started to use Colombo as a turnaround port in its Indian Ocean Isl...

January 31, 2016 1 min read

Transparent bids for Sri Lanka airport duty free shops

ECONOMYNEXT – Companies wanting to operate duty free shops at Sri Lanka’s Bandaranaike International Airpo...

January 28, 2016 1 min read