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Monday November 9th, 2026
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Sri Lanka's Colombo North Port growth will be linked to India: President

India has strong prospects for growth

April 23, 2023 7 min read

China Merchants, Sri Lanka's Access to build US$392mn logistics hub

The 530,000 CBM facility will begin construction in 2023 and be completed in 2025

April 22, 2023 2 min read

US Transport Dept in collaboration talks with Sri Lanka port

Officials of the U.S. Department of Transportation discussed on further collaboration

April 13, 2023 1 min read

Sri Lanka exports will be hit after freight surcharge gazette removed: shippers

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March 13, 2023 5 min read
Sri Lanka Cabinet opts to rent two tug vessels after procurement failures

Tug vessels are required for the new terminal operation from mid-2025

Sri Lanka's Colombo Port handles 7.7mn boxes is 2024, up 12.3-pct

SLPA's Jaye Container Terminal and the deep water East Container Terminal handled 2.4 million TEUs

Sri Lanka to proceed cautiously on shipping liberalisation

Sri Lanka is keen on liberalizing shipping agency businesses and freight forwarding to promote more foreign investment b...

August 29, 2019 1 min read
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French firms eye investments in Sri Lanka, envoy says

French companies are looking for investment opportunities in Si Lanka, the Ambassador of France to Sri Lanka Eric Lavert...

August 22, 2019 1 min read

India’s Nicobar container port plan seen threat to Sri Lanka transhipment business

India has called for proposals to build a container port in Andaman & Nicobar Islands in the Bay of Bengal that could th...

August 21, 2019 2 min read

Sri Lanka’s Colombo Dockyard loss widens to Rs1bn in June quarter

ECONOMYNEXT - Sri Lankan ship yard Colombo Dockyard’s losses widened sharply to just over a billion rupees in the...

August 16, 2019 2 min read

Sri Lanka’s Mercantile Shipping to sell ships to repay debt

Sri Lanka’s Mercantile Shipping Company is to sell two cargo ships owned by a subsidiary, Mercantile Emerald Ship...

July 29, 2019 2 min read

Sri Lanka to buy cranes for Colombo Port East Terminal

Sri Lanka’s Cabinet of ministers this week approved buying cranes for a new state-owned container terminal in Col...

July 24, 2019 1 min read

Call to ban entrepôt trade in Sri Lanka over waste controversy

Sri Lanka's Marxist Janatha Vimukthi Peramuna has called for an end to all entrepôt trading over alleged import and p...

July 24, 2019 2 min read

Sri Lanka Hayleys rejects allegations of waste imports, to re-export used mattresses

ECONOMYNEXT – Sri Lanka’s Hayleys group rejected allegations of importing waste, saying its logistics arm ...

July 22, 2019 3 min read

Sri Lanka Navy arrests un-flagged drug runner

Sri Lanka's Navy said it had arrested a suspected foreign fishing vessel without a flag in the seas of Galle, with 60 ki...

July 12, 2019 1 min read

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 ...

July 1, 2019 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 331.7485 330.8514
UK Pound 443.7468 438.3450
Euro 372.5204 371.0168
Yen 2.0969 2.0916
Aus Dollar 233.0533 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.4948 3.4202
Korean Won 0.2499 0.2479
Oman Rial 861.6397 859.3320
Saudi Riyal 88.4403 88.0955
UAE Dirham 90.3209 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
CSE All Share 19,927.30 -0.28%
Turnover Rs 1457.79 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

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
June 28, 2019 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 ...

June 22, 2019 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...

June 21, 2019 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...

June 12, 2019 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...

May 28, 2019 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...

May 14, 2019 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...

May 3, 2019 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 ...

May 2, 2019 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...

April 17, 2019 3 min read

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...

April 11, 2019 2 min read