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Monday August 17th, 2026
Logistics

Sri Lanka's Expolanka Holdings profits soar amid pandemic disruptions

Profits at Sri Lanka's Expolanka Holdings Plc soared to 4.5 billion rupees in the December 2020 quarter, up from 15 fold...

January 29, 2021 2 min read

Sri Lanka to invite investors for BOT port warehouse complex

Sri Lanka's Minister of Ports and Shipping was given the go ahead to call investors to build a warehouse in the capital ...

January 27, 2021 1 min read

Sri Lanka, India and Japan firms to invest in East Terminal: President

Several companies from India, Sri Lanka and Japan will invest in the East Container Terminal of Colombo Port President G...

January 25, 2021 1 min read

Bulk carrier MV Eurosun refloated in high tide: Sri Lanka Navy

MV Eurosun, a Liberian flagged vessel, which ran aground in shallows 5.5 nautical miles (10 kilometres) off Sri Lanka's ...

January 25, 2021 1 min read
US DFC to lend US$553mn to JKH-Adani Sri Lanka terminal

US International Development Finance Corporation will invest 536 million US dollars in Colombo Ports West Terminal

US DFC to invest in Sri Lanka port, finance company

The investment in CDB will be with USAID

SriLankan Airlines launches drive to return to profitability

ECONOMYNEXT – Sri Lanka’s loss-making national carrier, SriLankan Airlines, said it has launched an initia...

October 12, 2015 1 min read

Sri Lanka car registrations surge to all time high as controls come in

ECONOMYNEXT - Sri Lanka's vehicle registrations hit an all-time high of 63,687 in September 2015 with cars surging to 14...

October 11, 2015 3 min read

Sri Lanka's SAGT ranked No.1 terminal in South Asia

ECONOMYNEXT - South Asia Gateway Terminals (SAGT), the first private sector facility in Sri Lanka’s Port of Colom...

October 8, 2015 1 min read

Be wary of ‘supplier-driven’ solutions, Sri Lanka transport expert says

ECONOMYNEXT – Sri Lanka needs to be wary of ‘supplier-driven’ solutions for its urban mobility probl...

Rohan Gunasekera
October 2, 2015 2 min read

Sri Lanka may be heading for port 'capacity trap'

ECONOMYNEXT - Sri Lanka's expanded port capacity and plans ahead may be ahead of demand in for the foreseeable future as...

September 28, 2015 2 min read

Sri Lanka credit squeeze slows car sales, hits prices

ECONOMYNEXT - Sri Lankan car prices which spiked with the sharp depreciation of the local currency has seen weak demand ...

September 27, 2015 2 min read

Sri Lanka may target old people, poorer car owners in Japan-backed controls: report

ECONOMYNEXT - Sri Lanka may bring tough regulations on old cars which are owned by the less affluent and old couples who...

September 27, 2015 5 min read

Indian firms must invest in Sri Lanka port, envoy says

ECONOMYNEXT – India’s envoy in Sri Lanka has indicated Indian companies will invest in the island’s...

Rohan Gunasekera
September 27, 2015 2 min read

Sri Lanka's older container terminals lose out amid Indian trade collapse; China firm gains

ECONOMYNEXT - Sri Lanka's older container terminals have seen their business plunging in 2015 as a newly built Chinese f...

September 25, 2015 3 min read

Private ports in India drawing main lines, less dependent on Sri Lanka

ECONOMYNEXT - India's private terminal ports on the East Coast is attracting mainline calls from ships originating from ...

September 24, 2015 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 336.1698 337.0431
UK Pound 445.0216 444.3239
Euro 383.3680 382.7461
Yen 2.0663 2.0830
Aus Dollar 231.5874 231.8182
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5512 3.5703
Korean Won 0.2160 0.2177
Oman Rial 873.1683 875.4139
Saudi Riyal 89.4735 89.7513
UAE Dirham 91.5246 91.7623
Source: Central Bank/Indicative
pts %
S&P SL20 6,206.51 +0.02%
CSE All Share 22,243.70 -0.09%
Turnover Rs 1070.24 million 1911.34 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

Megaships are worsening overcapacity in the container market

LONDON, Sept 22 (Reuters) - Container shipping lines are poised to take delivery of a new generation of "megaships" over...

John Kemp
September 23, 2015 7 min read

Sharp edges of three-wheeler taxis on Sri Lanka's roads

ECONOMYNEXT - An EconomyNext photographer captured these images Sept 21, 2015 of three-wheel taxis highlighting the expo...

September 22, 2015 1 min read

Volkswagen shares plunge on emissions scandal, U.S. widens probe

BERLIN/WASHINGTON, Sept 21 (Reuters) - Volkswagen shares plunged more than 20 percent on Monday, their biggest one-day f...

September 21, 2015 5 min read

Sri Lanka car dealers cash in on rupee free float windfall

ECONOMYNEXT - Sri Lanka car dealers have sharply raised prices for existing fleets imported before the rupee fell 11.76 ...

September 21, 2015 2 min read

India's producers use Sri Lanka port to escape domestic non-tariff barriers

(Reuters) - At the Walayar checkpoint in southern India, lines of idle trucks stretch as far as the eye can see in both ...

September 18, 2015 4 min read

Sri Lanka and India talks on Hanuman Bridge: report

ECONOMYNEXT - A newly revived plan to build a bridge between India and Sri Lanka has been discussed during a visit by Pr...

September 16, 2015 1 min read

New expressway bypassing Sri Lankan capital to ease traffic jams

ECONOMYNEXT – The second section of an expressway bypassing the Sri Lankan capital Colombo will be opened this we...

September 15, 2015 3 min read

Sri Lanka's new vehicle registrations up 31-pct in August; slows from July: data

ECONOMYNEXT - Sri Lanka's vehicle registrations fell to 50,555 in August 2015, from 62,221 in July 2014, but were still ...

September 14, 2015 2 min read

Sri Lankan firms told of cost savings from sustainable logistics

ECONOMYNEXT – Sri Lankan companies that adopt sustainability initiatives in transport and logistics can not only ...

Rohan Gunasekera
September 11, 2015 2 min read

SriLankan Airlines appoints pilot as chief executive

ECONOMYNEXT - State-run SriLankan Airlines said it had appointed Suren Ratwatte, a pilot who had flown for the airline i...

September 10, 2015 1 min read
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