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Sunday September 19th, 2021
Shipping

India says not associated with Sri Lanka’s WCT decision

The Indian High Commission in Sri Lanka has disassociated itself with Colombo’s announcement suggesting that New Delhi...

6 min read

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...

6 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...

6 min read

Sri Lanka withdrew from East Terminal deal due to dispute over terms: Minister

Sri Lanka withdrew from an agreement to jointly complete East Container Terminal in Colombo port with India and Japan du...

6 min read

X-Press Pear sinking off Sri Lanka while being towed

On June 01 salvors had found the engine room flooded and smoke coming out of the hold

Sri Lanka okays towing X-Press Pearl to deeper waters

President stated that the decision taken should be based solely on technical facts

Sri Lanka Ports Authority makes Rs10.5bn profit in first quarter of 2019

Sri Lanka Ports Authority, which runs the island’s harbours for merchant shipping, made a profit of 10.5 billion ...

1 min read

Sri Lanka’s Expolanka diversifies into tech products shipments, expands warehousing

Sri Lanka’s Expolanka Holdings is diversifying its core logistics business into moving technology products, in ad...

Tania Madies

2 min read

Colombo Dockyard delivers Japanese cable ship, eyes Sri Lanka dredger deal

ECONOMYNEXT – Colombo Dockyard has delivered a submarine cable-laying ship for Japan’s Kokusai Cable Ship ...

3 min read

Sri Lanka’s port master plan stresses efficiency to stay competitive

Sri Lanka’s new national port master plan has recommended that Colombo port move fast to improve efficiency and i...

2 min read

Hambantota positioned as Sri Lanka's multi-purpose port

A Chinese-managed Hambantota port on Sri Lanka’s south coast is being positioned as a multi-purpose port with fac...

2 min read

Sri Lanka, Japan, India ink memo for East container terminal

Sri Lanka, Japan and India has inked a memorandum of co-operation to operate a container terminal in Sri Lanka's Colombo...

2 min read

Sri Lanka’s CICT invests in dangerous goods storage facility

ECONOMYNEXT – Sri Lanka’s Colombo International Container Terminal (CICT) said it has opened a Dangerous G...

2 min read

Sri Lanka Ports Authority profits down in 2018 amid higher forex losses

ECONOMYNEXT – Pre-tax profits at state-run Sri Lanka Ports Authority fell 27.5 percent to 8.7 billion rupees in 2...

1 min read

Sri Lanka's Hambantota Port signs deals with vehicle carriers

ECONOMYNEXT - Hambantota International Port Group (HIPG) said it has signed Terminal Service Agreements (TSAs) with top ...

2 min read

China's Sinopec to operate Sri Lanka's Hambantota oil tank farm

China's Sinopec Fuel Oil Sales Co. Limited (SFO) has won a tender to operate a bunker oil tank farm in the Hambantota Po...

3 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 200.0000 200.0063
UK Pound 275.8000 276.7787
Euro 235.2700 236.3574
Aus Dollar 145.7600 146.5546
Yen 1.8202 1.8301
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.7197 2.7215
Korea Won 0.1699 0.1710
Oman Rial 519.4940 519.5104
Saudi Riyal 53.3177 53.3286
UAE Dirham 54.4492 54.4509
Source: Central Bank/Indicative
pts %
S&P SL20 3,309.99 0.67%
CSE All Share 8,848.04 -0.93%
Turnover Rs million. 2,191,558,044.10 3,956,871
Source: CSE
Latest Last
3-m bill 5.85 5.77
6-m bill 5.90 5.82
12-m bill 5.97 5.89
5-yr bond 8.69 8.47
8-yr bond 9.18 9.05
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka Ports Authority to buy more cranes

ECONOMYNEXT – Sri Lanka Ports Authority (SLPA) is to buy three Ship to Shore (STS) cranes from China under the ex...

2 min read

Sri Lanka investment agency opens centre in Hambantota port

ECONOMYNEXT – Sri Lanka’s Board of Investment (BOI) has set up a ‘one-stop’ service centre at...

2 min read

Student enrolment propels 40-pct growth in Sri Lanka logistics institute membership

ECONOMYNEXT – Membership of the Chartered Institute of Logistics and Transport (CILT) in Sri Lanka grew 40 percen...

2 min read

GAC Sri Lanka gets new chief, eyes outsourcing business

ECONOMYNEXT – Ravi Edirisinghe has been appointed director and chief executive in Sri Lanka of GAC Group, a globa...

2 min read

60-pct foreign ownership in Sri Lanka shipping, Maersk keen on East Terminal

ECONOMYNEXT – Sri Lanka will raise foreign ownership in ship agencies to 60 percent in the first stage of liberal...

2 min read

Sri Lanka Ports Authority to buy three cranes from China

The Sri Lanka Ports Authority is to buy three ship-to-shore gantry cranes from China’s Shanghai Zhenhua Heavy Ind...

1 min read

Sri Lanka’s Dockyard eyes LNG storage, hi-tech, smaller vessels

ECONOMYNEXT – Colombo Dockyard, Sri Lanka’s listed shipyard, is changing its shipbuilding strategy and aim...

2 min read

Sri Lanka shipping liberalisation before presidential poll: Mangala

ECONOMYNEXT – Sri Lanka’s government will implement delayed plans to liberalise the shipping sector, allow...

2 min read

Sri Lanka's JKH starts building US$14mn logistics park

Sri Lanka's John Keells Holdings has started building a 14 million US dollar logistics park which will provide services ...

1 min read

Maersk mulls increasing container handling in Sri Lanka

ECONOMYNEXT - Maersk A/S, the world’s biggest container shipping line, is considering increasing its container ha...

1 min read

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