An Echelon Media Company
Monday June 21st, 2021

Conditions ripe for global commodity super-cycle: Steve Hanke

Conditions are ripe to the return of a commodity super-cycle with supply constraints, low inventories from earlier low prices, inflation and economic ...

3 minutes

Sri Lanka plans gold backed securities, corporate debt repos: CSE Chairman

Sri Lanka's Colombo Stock Exchange is planning to trade gold backed securities and create an over-the-counter market for repurchase dea...

2 min read

Sri Lanka triples Maldive fish tax, dried fish doubled as Covid-19 fears hit fisheries

Sri Lanka has tripped a tax on Maldive fish imported from its South Asia neighbour and also raised a tax on fresh fish 30 per cent as a Coronavirus ou...

2 min read

State Minister says poor quality goods are being imported

State Minister of Co-operative Services, Marketing Development and Consumer Protection Lasantha Alagiyawanna is saying that only a small percentage of...

2 min read

Sri Lanka stocks up 1.09-pct on JKH, Dialog and Sampath Bank

Sri Lanka stocks was up 1. 09 percent on Thursday an hour into trading dragged up by retail, telcos and banks, provisional data showed.

Sri Lanka tea plantations to pay salaries of workers in April

Sri Lanka's tea farms will be able to pay salaries to workers in April since tea is being plucked and prices have also risen in at auctions, but the s...

Sri Lanka coconut auction prices up 90-pct over quarter

Sri Lanka raw coconut prices grew 2.97 percent to 42,392 rupees for 1000 nuts at an auction in Colombo on January 02, 20...

1 min read

More ADB funding for Sri Lanka tea industry in 2020

The Asian Development Bank (ADB) plans to allocate more money for Sri Lanka's tea industry in its 2020 lending program, ...

2 min read

Warehousing profits help Sri Lanka’s Asia Siyaka offset brokerage decline

Improved use of its warehousing, which was doubled in recent years, has helped Sri Lanka’s Asia Siyaka Commodities off...

2 min read

Sri Lanka Mahaweli Coconut forecasts lower crop after drought

Mahaweli Coconut Plantations Limited said its crop rose sharply last year after good rains with yields far higher than t...

2 min read

Sri Lanka bond yields down, stocks up 0.26-pct

Sri Lanka's bond yields were down on Thursday's close, while stocks gained 0.26 percent, dealers said..

2 min read

Sri Lanka halves taxes on imported potatoes, onions

ECONOMYNEXT - Sri Lanka slashed by half a special commodity levy on imported potatoes and onions ahead of the festive se...

1 min read

China proposes gold exchange in Sri Lanka

ECONOMYNEXT - China has proposed setting up an international gold exchange and a gem and jewellery hub in Colombo, Sri L...

2 min read

Aspiring financial centre Sri Lanka controls price of dhal, sprats, milk

ECONOMYNEXT – Sri Lanka’s Ministry of Industry and Commerce has announced maximum prices for 16 food produ...

2 min read

Gold extends gains on stock rout, Middle East tensions

SINGAPORE, Jan 5 (Reuters) - Gold added to an overnight urge in prices on Tuesday, as escalating geopolitical tensions i...

2 min read

Sri Lankan tea prices below 2013 levels

COLOMBO (EconomyNext) - Sri Lankan tea prices fell further at this week's Colombo auctions, with the monthly averages fo...

1 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 199.8265 199.8643
UK Pound 278.4682 279.8000
Euro 238.1133 239.8771
Aus Dollar 150.8590 152.4765
Yen 1.8136 1.8065
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6932 2.7276
Korea Won 0.1765 0.1772
Oman Rial 519.0434 519.1415
Saudi Riyal 53.2842 53.2943
UAE Dirham 54.4019 54.4122
Source: Central Bank/Indicative
pts %
S&P SL20 3,079.59 0.23%
CSE All Share 7,659.00 0.23%
Turnover Rs million. 3,955,091
Source: CSE
Latest Last
3-m bill 5.08 5.06
6-m bill 5.12 5.11
12-m bill 5.17 5.16
5-yr bond 7.30 7.31
8-yr bond 7.86 7.85
Source: Central Bank/Indicative
today yesterday
Overnight Money 4.67 4.67
Gilt Repo 4.68 4.68
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lankan rubber prices fall further

COLOMBO (EconomyNext) - Sri Lankan natural rubber prices fell sharply at recent auctions but the market could be bottomi...

2 min read

Sri Lanka announces administered prices

EconomyNext - Sri Lanka's Consumer Affairs Authority was scheduled to gazette on Thursday night new administered prices ...

1 min read

Sri Lanka decentralises paddy purchases

EconomyNext - Sri Lanka has decided to decentralise government buying of paddy from rice farmers, ending a monopoly by t...

2 min read

Sri Lanka warns traders who fail to lower prices after tax cuts

EconomyNext - Sri Lanka's consumer protection authority has been asked to crack down on traders who fail to reduce retai...

1 min read

Sri Lanka coconut subsidies raised in 2015 budget

Oct 24, 2014 (EconomyNext) – Si Lanka's government budget for 2015 increased subsidies for coconut production, w...

A Staff Reporter

1 min read

1 2 3