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Friday March 31st, 2023

Sri Lanka waives landing and parking fees to Mattala and Ratmalana airports

Sri Lanka is waiving landing and parking fees of international flights to Mattala and Ratmalana airports in a bid to enc...

December 27, 2020 1 min read

Sri Lanka reverses travel relaxation after new Covid-19 strain Foreign Ministry says

Sri Lanka has re-imposed a rule requiring prior registration of expatriates national who want to return, after a highly ...

December 22, 2020 1 min read

Sri Lanka nationals, dual citizens allowed back on commercial flights, paid Covid-19 quarantine

Sri Lanka nationals and dual citizens abroad who can afford paid quarantine are allowed to use commercial flights to ret...

December 21, 2020 2 min read

Sri Lanka port workers object to India, offer to find US$500mn for terminal

Sri Lanka port workers objecting to a plan to get Indian led investment to develop a container in Colombo have offered t...

December 19, 2020 2 min read
Sri Lanka to remove heavy industry monopoly in Trincomalee port

Ports agency has around 2000 hectares which could be developed

No hazardous chemicals in Liberian vessel that called on Colombo Port: official

Officials said the vessel is a frequent caller at Colombo, but this time it was on its way to Europe.

Hambantota port control to revert to Sri Lanka after 80-years for one dollar

Sri Lanka can will regain a majority stake in the terminal company at Hambantota port from China after 80-years for one ...

August 9, 2018 2 min read

SriLankan Airlines ex-Chairman used head-of-state privileges to divert aircraft for personal gain

Brother-in-law of ex-President Mahinda Rajapaksa, Nishantha Wickremesinghe had used priviledges reserved for the head-of...

August 8, 2018 4 min read

Sri Lanka to do feasibility study on airport in central hills

ECONOMYNEXT – Sri Lanka’s Ministry of Transport and Civil Aviation is to conduct a feasibility study on bu...

August 8, 2018 1 min read

No Monetary Board approval for EPF investments in SriLankan Airlines

ECONOMYNEXT- Sri Lanka’s largest retirement fund which is under the custodianship of the Central Bank had not obt...

August 6, 2018 1 min read

Sri Lankan new car importers acknowledge need to cut imports

ECONOMYNEXT – An association representing Sri Lankan vehicle traders said it understood a government duty hike to...

August 3, 2018 3 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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 317.7257 315.7075
UK Pound 390.1318 389.9168
Euro 343.9770 343.0579
Aus Dollar 211.1422 211.2584
Yen 2.3910 2.4024
Source: Central Bank/Indicative
Latest Last
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3-m bill 25.58 26.95
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Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
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Source: Central Bank/Indicative

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

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