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Sunday February 5th, 2023

Hambantota port builds station for Sri Lanka police

Hambantota International Port, run by China's CM Ports group as a joint venture with Sri Lanka Ports Authority said it h...

December 6, 2020 2 min read

Sri Lanka's Colombo Dockyard wins cable ship order from France

Sri Lanka's Colombo Dockyard Plc, a unit of Onomichi of Japan said it had won an order to build a cable laying and repai...

December 3, 2020 2 min read

CMA CGM in relay transshipment at Sri Lanka's Hambantota Port

France based CMA CGM shipping group has engaged in a relay transshipment at Sri Lanka's Hambantota port with two vessels...

November 29, 2020 2 min read

SriLankan Airlines loses Rs36.3bn up to Aug 2020

SriLankan Airlines has lost 36.38 billion rupees up to August 2020, amid a Coronavirus crises that hit all carriers, aga...

November 20, 2020 1 min read

Sri Lanka’s Expolanka Holdings June net up 21-pct

ECONOMYNEXT – Sri Lanka’s Expolanka Holdings said net profit rose 21% to 247 million rupees in the June 20...

August 2, 2018 1 min read

Sri Lanka’s shipping community agree on anti-corruption policy

ECONOMYNEXT – Key segments of Sri Lanka’s shipping community have agreed on an anti-corruption and zero to...

August 2, 2018 2 min read

Questions over EPF, state banks buying SriLankan Airlines shares

ECONOMYNEXT - Sri Lanka's cabinet of ministers had been told that Bank of Ceylon would benefit from buying shares in lo...

August 2, 2018 2 min read

SriLankan Airlines security chief denies knowledge of staff released for election work

ECONOMYNEXT - Security officers of SriLankan Airlines given 'duty leave' around the time of the last presidential electi...

August 1, 2018 2 min read

Missing documents, compliance delays mar SriLankan Airlines security tender

ECONOMYNEXT- The Presidential Commission of Inquiry into irregularities at the state-owned SriLankan Airlines this week ...

August 1, 2018 4 min read

SriLankan Airlines gets sixth Airbus A321neo aircraft

ECONOMYNEXT – Sri Lanka’s loss-making national carrier said it took delivery Sunday of an Airbus A321neo a...

July 30, 2018 1 min read

SITTI wins Sri Lanka airport voice communications systems deal

ECONOMYNEXT – SITTI S.P.A., an Italian firm making air traffic control voice communication systems has won a cont...

July 26, 2018 1 min read

Japan helps build electric three-wheeler in Sri Lanka

ECONOMYNEXT – A Japanese- Sri Lankan partnership has built an electric three-wheeler in the island to help replac...

July 23, 2018 2 min read

Sri Lankan port transshipment volumes up 19.8-pct in first half

ECONOMYNEXT – Container transshipment volumes at Sri Lanka’s Colombo port grew 19.8% to 2.7 million contai...

July 23, 2018 2 min read

Sri Lanka transport costs to rise with Euro 4 standard engines, fuel

Sri Lanka's transport sector costs will rise with the ban on the import of vehicles falling below Euro 4 standard and th...

July 23, 2018 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 371.7127 371.6601
UK Pound 453.5962 453.9794
Euro 396.3156 396.4763
Aus Dollar 250.1862 251.1981
Yen 2.8251 2.7549
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.3961 4.3963
Korea Won 0.2820 0.2791
Oman Rial 943.2237 943.2268
Saudi Riyal 96.7270 96.7115
UAE Dirham 98.8729 98.8786
Source: Central Bank/Indicative
pts %
S&P SL20 2,653.84 -1.51%
CSE All Share 8,420.26 -1.04%
Turnover Rs million 4,621,153,484 2,824,714,520
Source: CSE
Latest Last
3-m bill 31.03 31.03
6-m bill 29.57 29.60
12-m bill 28.41 28.41
5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Traffic jams seen hitting Sri Lanka liveability, property sector

ECONOMYNEXT – Worsening traffic jams in Sri Lanka could reduce the attractiveness of living in its cities, potent...

July 16, 2018 2 min read

Sri Lanka shipping sector still corrupt, Shippers’ Council chief says

ECONOMYNEXT – Corrupt practices are is still prevalent in the shipping sector which, along with government polici...

July 11, 2018 2 min read

Sri Lankan industry told to face competition, no protection

ECONOMYNEXT – Sri Lanka’s government is committed to further opening up the economy and industry must be r...

July 10, 2018 2 min read

Qatar Airways lifts capacity to Sri Lanka with Airbus A350

Qatar Airways said it will increase weekly capacity to Sri Lanka's capital Colombo by 15 percent by adding Airbus A-350 ...

July 9, 2018 1 min read

Maersk extends store-to-door integrated logistics service to Sri Lanka

Danish shipping line Maersk plans to offer its new ‘store-to-door’ service in Sri Lanka, under a global str...

Rohan Gunasekera
July 7, 2018 2 min read

Maersk presses for Sri Lanka ship agency, logistics ownership liberalisation

ECONOMYNEXT – Danish shipping line Maersk has said it is waiting for Sri Lanka’s government to implement p...

Rohan Gunasekera
July 6, 2018 3 min read

Pay hike seen hitting Sri Lanka Ports Authority profit

ECONOMYNEXT – A pay hike demanded by stevedores unions at Colombo port after the Sri Lanka Ports Authority (SLPA)...

July 5, 2018 2 min read

Japan’s MUFG to lend 100bn yen for Sri Lanka central expressway

ECONOMYNEXT – Mitsubishi UFJ Financial Group Inc (MUFG), Japan’s biggest bank, is to lend Sri Lanka 100 bi...

July 4, 2018 1 min read

China rejects debt trap charge; says making Sri Lanka logistics hub

China has rejected charges of creating a debt trap in Sri Lanka despite gaining a 99-year lease on a port, which is much...

July 4, 2018 2 min read

Sri Lanka PM says turning white elephants green

The Sri Lankan government has started to turn around Hambantota port, a white elepant that was draining a state port age...

June 30, 2018 2 min read