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Monday November 9th, 2026
Shipping

Suez canal shipping suspended amid efforts to re-float grounded Evergreen vessel

Ship traffic across the Suez canal has been suspended as efforts are made to dislodge an Evergreen container ship that i...

March 26, 2021 2 min read

Sri Lanka's China-run port eyes fertilizer transshipment with Russian billionaire

Sri Lanka's China-run Hambantota Port has discussed fertilizer transshipment with Russian billionaire Andrey Igorevich M...

March 26, 2021 1 min read

Sri Lanka's Adani-WCT terminal is a private deal without tender, not govt-to-govt: opposition

Handing over the West Container Terminal of Sri Lanka's Colombo port to Adani group is not a government-to-government co...

March 20, 2021 2 min read

Sri Lanka container transshipment down 3.3-pct, domestic down 14.4-pct

Container throughput at Sri Lanka's ports fell 5.2 percent to 6.85 million twenty foot equivalent unit in 2020 with a st...

March 18, 2021 1 min read
Sri Lanka Palali airport, ferry service connect India more closely by air and sea

Flight operations between Madras and Palali, scheduled three times a week, have completed a total of 200 flights

Haulmatic says Sri Lanka developed AI-backed platform will slash logistics costs

The firm says it is targeting the Asia Pacific markets from it Singapore office

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
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

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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