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Wednesday September 16th, 2026
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Adani India to have 51-of Sri Lanka port terminal, JKH a 'material stake'

India's Adani Ports said it will have a 51 percent stake in a container terminal in Colombo port, while Sri Lanka's John...

March 16, 2021 2 min read

Sri Lanka's China-run port drives vessel lay-up business

Sri Lanka's China-run Hambantota Port said it is supporting a vessel lay-up business expanding the island's role as a ma...

March 15, 2021 2 min read

Sri Lanka Ports Authority can raise funds from stock market patriots for ECT: Minister

Sri Lanka Port Authority can raise capital from the Colombo Stock Exchange to build East Container Terminal if there is ...

March 9, 2021 2 min read

India did not nominate party for WCT, Sri Lanka says had direct talks with Adani

Sri Lanka had direct talks with Adani Ports group over giving a concession to build and operate Colombo Port's West Cont...

March 9, 2021 1 min read

Sri Lanka electric car sales hit new high in October

ECONOMYNEXT - Sri Lanka's electric car registrations hit a new high of 529 units in October 2015, surpassing the previou...

November 16, 2015 1 min read

DB Schenker enters Sri Lanka and the Maldives with Aitken Spence

ECONOMYNEXT- Germany's DB Schenker, a logistics company said it had partnered with Aitken Spence which will represent it...

November 3, 2015 1 min read

Hemas Logistics ups laden container handling at Sri Lanka terminal

ECONOMYNEXT - Sri Lanka's Hemas group said its logistics arms had expanded its capacity to handle loaded containers with...

October 28, 2015 1 min read

Modern supply chains can give Sri Lanka competitive edge

ECONOMYNEXT – Sri Lanka’s government and the corporate sector should focus more on modern supply chain man...

October 19, 2015 1 min read

Sharing could cut Sri Lanka empty container repositioning costs

ECONOMYNEXT - Sharing or pooling containers by shipping lines can reduce the need for costly empty container repositioni...

October 14, 2015 2 min read

Sri Lanka's SAGT ranked No.1 terminal in South Asia

ECONOMYNEXT - South Asia Gateway Terminals (SAGT), the first private sector facility in Sri Lanka’s Port of Colom...

October 8, 2015 1 min read

Sri Lanka may be heading for port 'capacity trap'

ECONOMYNEXT - Sri Lanka's expanded port capacity and plans ahead may be ahead of demand in for the foreseeable future as...

September 28, 2015 2 min read

Indian firms must invest in Sri Lanka port, envoy says

ECONOMYNEXT – India’s envoy in Sri Lanka has indicated Indian companies will invest in the island’s...

Rohan Gunasekera
September 27, 2015 2 min read

Sri Lanka's older container terminals lose out amid Indian trade collapse; China firm gains

ECONOMYNEXT - Sri Lanka's older container terminals have seen their business plunging in 2015 as a newly built Chinese f...

September 25, 2015 3 min read

Private ports in India drawing main lines, less dependent on Sri Lanka

ECONOMYNEXT - India's private terminal ports on the East Coast is attracting mainline calls from ships originating from ...

September 24, 2015 2 min read
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Latest Last
US Dollar 329.0351 328.5966
UK Pound 443.7367 443.6711
Euro 379.6078 381.3692
Yen 2.1249 2.1270
Aus Dollar 234.6020 235.1437
Source: Central Bank/Indicative
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Turnover Rs 2225.45 million 1129.82 million
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3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
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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
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Source: Central Bank/Indicative

Megaships are worsening overcapacity in the container market

LONDON, Sept 22 (Reuters) - Container shipping lines are poised to take delivery of a new generation of "megaships" over...

John Kemp
September 23, 2015 7 min read

Sharp edges of three-wheeler taxis on Sri Lanka's roads

ECONOMYNEXT - An EconomyNext photographer captured these images Sept 21, 2015 of three-wheel taxis highlighting the expo...

September 22, 2015 1 min read

Sri Lanka car dealers cash in on rupee free float windfall

ECONOMYNEXT - Sri Lanka car dealers have sharply raised prices for existing fleets imported before the rupee fell 11.76 ...

September 21, 2015 2 min read

India's producers use Sri Lanka port to escape domestic non-tariff barriers

(Reuters) - At the Walayar checkpoint in southern India, lines of idle trucks stretch as far as the eye can see in both ...

September 18, 2015 4 min read

Sri Lanka Mercantile Shipping renegotiates loan with bank

ECONOMYNEXT – The slump in charter rates has worsened losses at Mercantile Shipping Company forcing the Sri Lanka...

September 3, 2015 1 min read

New Indian container facility could threaten Sri Lankan port

ECONOMYNEXT - Adani Group, the largest private port operator in India, plans to build a port in the southern state of K...

August 20, 2015 1 min read

Sri Lanka’s Dockyard makes return to profit in June quarter

ECONOMYNEXT – Sri Lankan ship builder Colombo Dockyard said it made a net profit of 182 million rupees in the Jun...

August 14, 2015 1 min read

Sri Lankan on suspected Diego Garcia expedition freed by Maldives

ECONOMYNEXT - A Sri Lankan who was on board a boat suspected to have been on a failed expedition to a remote Indian Ocea...

August 12, 2015 2 min read

Sri Lanka port to take 400 years to pay off investment: Eran

ECONOMYNEXT – A Chinese-funded and built port in Sri Lanka’s southern Hambantota could take 400 years to p...

August 11, 2015 1 min read

Sri Lanka’s Dockyard seeks to expand in Colombo port

ECONOMYNEXT – Sri Lanka has drawn almost four billion US dollars worth of foreign direct investment this year, in...

August 4, 2015 2 min read
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