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Monday November 9th, 2026
Shipping

X-Press Pearl fully sunk off Sri Lanka, sonar search planned for lost containers

Navigation warning lights to be installed to warn other ships

June 17, 2021 2 min read

X-Press Pearl chemicals likely to get diluted off Sri Lanka seas: official

Plastics collection is a key focus

June 15, 2021 3 min read

Sri Lanka arrests X-Press Pearl captain under pollution law, seeks IMO expertise

IMO expertise also sought

June 14, 2021 1 min read

Sri Lanka seeks US$40mn in interim damages from X-Press Pearl

Expert Committees to assess longer term damage

June 12, 2021 1 min read
Sri Lanka - India ferry to multiple destinations mulled to cut costs

With the combination of governmental support, it is now possible to run the ferry

Sri Lanka to seek BOT investor for Galle leisure port

Mixed development projects would be set up on the filled land.

Chinese Communist team inspects Sri Lanka port, airport

ECONOMYNEXT – A Communist Party team from China’s business capital has inspected an airport and port built...

March 7, 2017 2 min read

Colombo Dockyard to get US$180mn Sri Lanka patrol vessel deal

Sri Lanka's cabinet of minister had given nod for a 180 million US dollar order for coast guard vessels from Colombo Doc...

March 1, 2017 1 min read

Sri Lanka completes Megapolis water transport study, EOIs soon

ECONOMYNEXT – The Sri Lankan government has completed a pre-feasibility study on inland water transport in the pl...

February 28, 2017 2 min read

Norwegian firms keen on investing in Sri Lanka ports: envoy

ECONOMYNEXT – Norwegian companies are interested in investing in Sri Lanka’s shipping and ports sector, th...

February 21, 2017 1 min read

Sri Lanka to develop Galle Yacht marina by 'Swiss challenge'

Sri Lanka will use the 'Swiss Challenge' method to identify a developer for a yacht marina in the Southern port of Galle...

February 11, 2017 1 min read

Petroleum carrier MT Doradus to be auctioned in Sri Lanka

Motor Tanker Doradus, a petroleum product carrier will be auctioned by an order of Sri Lanka's High Courts on February 1...

January 29, 2017 1 min read

China container terminal drives Sri Lanka volumes, despite India trade drop

Sri Lanka's Colombo Port has increased throughput over the past two years, with the commissioning of a deep draft termin...

January 28, 2017 2 min read

Sri Lanka Ports Authority to operate East Terminal first phase: Minister

Sri Lanka Ports Authority will procure cranes and operate part of a terminal which has since been offered to private inv...

January 24, 2017 1 min read

Sri Lanka to regularize small vessels, pleasure craft with local rules

Sri Lanka will issue standardised regulations for small commercial vessels, including pleasure crafts, according to a pr...

January 22, 2017 2 min read

Sri Lanka clamps down on tuk-tuks as death toll mounts

Sri Lanka on Friday tightened the rules governing the around one million tuk-tuks -- rickety three-wheel taxis -- on its...

January 13, 2017 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
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Source: Central Bank/Indicative
pts %
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Turnover Rs 1457.79 million 1193.67 million
Source: CSE
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3-m bill 7.61 7.84
6-m bill 7.91 8.26
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8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
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Source: Central Bank/Indicative

Sri Lanka ex-President says Hambantota port deal worst alternative

Sri Lanka's ex-President Mahinda Rajapaksa says a decision to sell 80 percent of Hambantota Port for 99 years to China M...

January 10, 2017 8 min read

Sri Lanka hopes to finalize Hambantota port deal in two weeks: Malik

Sri Lanka hopes to wrap a deal with China to run the Hambantota Port in the next two weeks, International Trade Minister...

January 5, 2017 1 min read

Sri Lanka still negotiating with China over Hambantota port: PM

Sri Lanka is still negotiating with China over several agreements relating to the Hambantota Port, Prime Minister Ranil ...

January 5, 2017 1 min read

Container volumes up 28-pct at Chinese terminal in Sri Lanka port

ECONOMYNEXT – Sri Lanka's Colombo International Container Terminals (CICT), run by China Merchants Port Holdings ...

January 2, 2017 2 min read

Sri Lanka can cut losses and benefit from Chinese investment in Hambantota: Samarajiva

Sri Lanka can reap benefits from Chinese investments in Hambantota which is now a dead weight with cost million in loan ...

December 29, 2016 5 min read

Sri Lanka Ports Authority to hire female gantry crane operators

ECONOMYNEXT – The Sri Lanka Ports Authority will next year employ its first female gantry crane operators present...

December 23, 2016 1 min read

Sri Lanka shipping minister touts opportunities in maritime sector

ECONOMYNEXT – High income jobs are available in the maritime industry for which Sri Lankan youth should train, Sr...

December 22, 2016 1 min read

Sri Lanka may cancel Colombo container terminal PPP: report

Sri Lanka may cancel the process to seek a private partner to build a container terminal at Colombo port, which attracte...

December 18, 2016 1 min read

Sri Lanka port strike damaged investor confidence: Eran

ECONOMYNEXT – A strike at Sri Lanka’s southern Hambantota port by dockers who prevented two ships from lea...

December 15, 2016 1 min read

Sri Lanka Minister says pushing for better terms in port sale to China

ECONOMYNEXT - Sri Lanka's Ports Minister Arjuna Ranatunga says he is still pushing to win more favourable terms for the ...

December 15, 2016 2 min read