An Echelon Media Company
Thursday June 1st, 2023
Logistics

Sri Lanka will join India’s Adani Group to develop and operate the West Container Terminal In Colo...

Sri Lanka will join hands with a giant Indian conglomerate in a Build, Operate and Transfer deal to develop the West Con...

March 2, 2021 2 min read

Sri Lanka rupee plunges as car registrations collapse under import controls

Sri Lanka rupee has fallen from 186 to around 194 to the US dollar in January 2021 as new car imports and registrations ...

March 1, 2021 2 min read

China's Sinopec unit says Sri Lanka bunkering made competitive, LMS first customer

Sinopec Fuel Oil Lanka Limited (SFOL), a unit of China's Sinopec group located in Hambantota port, is making Sri Lanka's...

February 28, 2021 3 min read

Kuwait's Jazeera Airways begins flying to Sri Lanka

Kuwait's Jazeera Airways made its maiden flight to Colombo, adding to operators flying to Sri Lanka as the Indian Ocean ...

February 25, 2021 1 min read

Sri Lanka port capacity crunch could lead to lost business

ECONOMYNEXT – Further delays in adding container handling capacity at Sri Lanka’s Colombo port, which is n...

December 13, 2018 2 min read

Investment opportunities seen in Sri Lanka’s logistics firms

ECONOMYNEXT – Sri Lanka’s logistics businesses offer attractive investment opportunities both among specia...

December 13, 2018 2 min read

SriLankan Airlines carbon emissions higher in 2018

Efficiency of SriLankan Airlines flights have fallen in 2018, and is contributing more towards carbon emissions, but was...

December 11, 2018 2 min read

Fitch downgrades SriLankan Airlines' govt-guaranteed bonds to 'B'

ECONOMYNEXT – Fitch Ratings said it has downgraded the rating on SriLankan Airlines Limited's (SLA) USD175 millio...

December 5, 2018 3 min read

Cruise ship calls grow strongly at Sri Lanka port

ECONOMYNEXT – Calls by cruise ships have grown strongly at Sri Lanka’s main port of Colombo this year with...

December 5, 2018 1 min read

SriLankan Airlines security lapses glossed over: witness

ECONOMYNEXT - Security lapses at state-owned SriLankan Airlines operations, including through controversial Rakna Araksh...

November 29, 2018 3 min read

China Harbhour Engineering wins deal to expand Sri Lanka port anchorage

China Harbhour Engineering Company has been selected to expand the deep water anchorage capacity at a container terminal...

November 22, 2018 1 min read

Civil Aviation ministry secretary appointed Chairman of SriLankan Airlines

ECONOMYNEXT – G. S. Vithanage, Secretary of the Ministry of Transport and Civil Aviation, has been appointed chai...

November 14, 2018 1 min read

Sri Lanka's Colombo Port volumes up 14.9-pct by Sept

ECONOMYNEXT - Container volumes at Sri Lanka's Colombo Port rose 14.9 percent to 5,223,292 twenty foot equivalent units ...

November 12, 2018 1 min read

Sri Lanka looks to raise port charges

Sri Lanka is looking to raise charges and get more revenue from port services, Ports and Shipping Minister Mahinda Samar...

November 7, 2018 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 290.6745 289.8986
UK Pound 358.1710 357.3274
Euro 309.9647 310.0947
Aus Dollar 188.4064 310.0947
Yen 2.0658 2.0576
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5935 3.6214
Korea Won 0.2248 0.2261
Oman Rial 770.5802 776.9541
Saudi Riyal 79.1149 79.7546
UAE Dirham 80.7822 81.4508
Source: Central Bank/Indicative
pts %
S&P SL20 2,432.34 0.14%
CSE All Share 8,532.60 -0.50%
Turnover Rs million 575,340,332 518,927,793
Source: CSE
Latest Last
3-m bill 24.64 24.60
6-m bill 24.24 24.36
12-m bill 22.37 22.36
5-yr bond 24.98 24.79
8-yr bond 23.82 23.16
Source: Central Bank/Indicative
today yesterday
Overnight Money 16.49 16.49
Gilt Repo 16.50 16.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka’s Hambantota port gets new gear for heavy load handling

ECONOMYNEXT – Sri Lanka’s Chinese-run Hambantota port on the south coast has got new equipment designed to...

November 6, 2018 1 min read

SriLankan Airlines traffic falls as newcomer steals market share

ECONOMYNEXT- State-owned national carrier SriLankan Airlines brought 641,634 tourists to the country in 2017, down 2.1 p...

November 5, 2018 4 min read

Sri Lanka Air Force to develop Palali airport for commercial flights

Sri Lanka's air forces had been given the go ahead to upgrade Palaly airport in Jaffna, for commercial flights in a bid ...

October 26, 2018 1 min read

Sri Lankan private bonded warehouses allowed to clear LCL cargo

ECONOMYNEXT- Sri Lanka is allowing privately-held warehouses to clear goods imported in less than a container load of ca...

October 23, 2018 1 min read

Sri Lanka-India air liberalisation not fully exploited by domestic carriers

ECONOMYNEXT - Sri Lanka has not been able to fully capitalise on the near-monopoly position it holds on the Sri Lanka-In...

October 17, 2018 1 min read

Sri Lanka state airline to fly to Europe after finding partner: Tourism Minister

State-run SriLankan Airlines plans to find a joint venture partner by end 2018 and will resume flight to Europe, Tourism...

October 5, 2018 2 min read

SriLankan Airlines says named world's most punctual airline

ECONOMYNEXT - SriLankan Airlines said it has been named the world’s most punctual airline in September 2018, acco...

October 5, 2018 1 min read

SriLankan Catering services used free of charge for political, social events

ECONOMYNEXT-The profitable catering arm of the loss-making state-owned national carrier SriLankan Airlines had supplied ...

October 4, 2018 2 min read

Indian shipping modernisation threatens Sri Lankan transhipment volumes

ECONOMYNEXT – The modernisation of Indian ports and liberalisation of regulations could threaten the container tr...

October 4, 2018 2 min read

Sri Lankan new car importers call for controls on competition

ECONOMYNEXT – Ceylon Motor Traders Association (CMTA) has urged Sri Lanka’s government to regulate vehicle...

October 4, 2018 5 min read
1 64 65 66 67 68 71