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Saturday October 23rd, 2021

Notable

Politics
Sri Lanka's proposed new constitution to be ready by Jan 2022: minister

1 min read

Economy
Sri Lanka cryptocurrency users should take own risk: CB officials

4 min read

Health
Sri Lanka pondering COVID-19 booster shot as int'l studies question Chinese jabs

6 min read

Agriculture
Sri Lanka tea farms welcome nitrogen fertilizer relaxation, but say problems remain

3 min read

Economy
Sri Lanka will deal with policy measures if GSP+ reversed: CB chief

3 min read

Shipping

Port Unions call off strike on Mahinda’s assurances that ECT will not be given to foreigners

The coalition of Trades Unions protesting against the handing over of the East Container Terminal to a foreign company h...

3 min read

Sri Lanka will not sell or lease East Terminal: PM

Sri Lanka will not sell or lease the East Container Terminal Prime Minister Mahinda Rajapaksa said as trade union opposi...

3 min read

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...

3 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 ...

3 min read

Economy
Salvors board X-Press Pearl off Sri Lanka after putting out fire

Assessment of the ship being carried out

Economy
X-Press Pearl salvors mull boarding as Sri Lanka eyes pollution claim

Salvors are exploring the possibility of boarding the ship and making a tow connection

Colombo Dockyard gets US$3mn deal for Sri Lanka Ports Authority pilot boats

ECONOMYNEXT - Colombo Dockyard has won a 3.12 million US dollar order to build two pilot boats for the Sri Lanka Ports A...

1 min read

New Sri Lanka shipping policy sees lower dependence on Indian cargo

ECONOMYNEXT – Sri Lanka’s new national policy for its maritime and logistics sectors foresees reduced depe...

2 min read

Sri Lanka to review proposed port tariff hike after protests

ECONOMYNEXT - Sri Lanka has appointed a committee to review a hike in port charges proposed in late 2018, and no change ...

1 min read

Kavan Ratnayaka new chairman of Sri Lanka Ports Authority

ECONOMYNEXT - Kavan Ratnayaka, former head of tourism development, has been appointed the new chairman of the state-run ...

1 min read

Sri Lanka’s Hambantota port diversifies into cement industry cargo

ECONOMYNEXT – Hambantota International Port (HIP) has handled its first shipment for the cement industry, enablin...

2 min read

Sri Lanka’s Hambantota port business diversifying, ship calls up

ECONOMYNEXT – Sri Lanka’s Hambantota port has seen a sharp increase in vessel calls in 2018 with its busin...

2 min read

Global player to run bunkering in Sri Lanka’s Hambantota port

ECONOMYNEXT – A global player in the bunkering business will be selected soon to supply ship fuel at Sri Lankaââ...

2 min read

Sri Lanka based Hayleys Advantis to manage Abu Dhabi container depot

Sri Lanka-based Hayleys Advantis said it had won a deal to manage a container depot in Abu Dhabi, built by UAE based Tru...

2 min read

Sri Lanka's Colombo Port container volumes up 13-pct to 7mn

Sri Lanka's Colombo Port has handled 7 million containers by December 30 2018, up 13.2 from a year earlier, the state po...

2 min read

Cargo throughput up 13-pct at Sri Lanka’s CICT facility

ECONOMYNEXT – Sri Lanka’s Colombo International Container Terminals (CICT) said it handled 2.65 million tw...

2 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 201.0455 200.5117
UK Pound 277.3121 277.2676
Euro 233.7456 233.8869
Aus Dollar 150.2614 151.2660
Yen 1.7625 1.7543
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6854 2.6801
Korea Won 0.1705 0.1707
Oman Rial 522.2097 520.8231
Saudi Riyal 53.6007 53.4541
UAE Dirham 54.7338 54.5885
Source: Central Bank/Indicative
pts %
S&P SL20 3,572.70 0.54%
CSE All Share 9,881.50 1.78%
Turnover Rs million. 2,191,558,044.10 4,268,523
Source: CSE
Latest Last
3-m bill 7.19 6.64
6-m bill 7.31 6.80
12-m bill 7.46 6.96
5-yr bond 10.52 9.48
8-yr bond 11.37 9.97
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
Economy
Sri Lanka CB sees inflation rising in the near term, but rules out double digits
Economy
Sri Lanka CB to propose dollarized car imports amid money printing
Health
Low turnout at Sri Lanka university vax centres as students show preference for Pfizer
Economy
Sri Lanka 2021 GDP growth downgraded to 3.6-pct by IMF, global growth lowered
Defence
Sri Lanka to draft new cyber security legislation; two separate bills proposed
Economy
Sri Lanka private, state credit surge in August, CB credit up 187-pct
Energy
Sri Lanka petroleum utility seeks fuel price hike amid Powell Bubble, currency fall
Business
Sri Lanka food, cooking gas prices up after controls removed amid money printing

Marella Cruises vessel calls at Sri Lanka's Colombo port

Marella Cruises vessel M V Marella Discovery had called at Sri Lanka's Colombo Port with complement of 1,732 passengers ...

1 min read

Sri Lanka's Hambantota Port enters vessel lay-up business

Sri Lanka's Hambantota Port said it has attracted the first vessel for lay-up with a drillship to be moored at the port ...

2 min read

Sri Lankan freight forwarders see margin pressure from liner consolidation

ECONOMYNEXT – Consolidation among container shipping lines trying revive profitability is likely to squeeze profi...

2 min read

Sri Lanka’s Ports Ministry gets industry professional as secretary

ECONOMYNEXT – Sri Lankan President Maithripala Sirisena has appointed Parakrama Dissanayake, chairman of Sri Lank...

1 min read

Sri Lanka’s SAGT nearly doubles design capacity handling 2mn containers

ECONOMYNEXT – South Asia Gateway Terminals (Pvt) Ltd (SAGT), Sri Lanka’s first private terminal in Colombo...

2 min read

CICT adds capacity for bigger ships at Sri Lanka’s Colombo port

ECONOMYNEXT – Colombo International Container Terminals (CICT) said it was buying more cranes that will enhance d...

2 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...

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...

2 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...

1 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...

1 min read

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Most viewed
Economy
Sri Lanka’s pandemic-hit unemployment show need for social security: IPS

2 mins read

Markets
Sri Lanka’s CAL starts online portal for IPO subscriptions

2 mins read

Health
COVID-19 vaccine mix-and-match can exceed performance of NMRA vaccines: Nature

2 mins read

Economy
Sri Lanka preparing agreements for US$3.6bn for Oman credit line amid money printing

2 mins read

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