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Thursday September 29th, 2022

Sri Lanka imposes price controls on rice


May 4, 2022 1 min read

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 p...

February 9, 2021 3 min read

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...

January 1, 2021 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 3...

November 5, 2020 1 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 t...

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, provision...

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 r...

Chanka Jayasinghe
April 18, 2020 2 min read

Sri Lanka starts second e-auction for tea in Colombo

Sri Lanka's Colombo Tea Auction is staring another e-auction on Thursday combining volumes of two auctions together amid...

Mahadiya Hamza
April 16, 2020 2 min read

Sri Lanka re-starts rubber auction from April 09, after Coronavirus curfew gap

Sri Lanka has re-started rubber auctions on April 09, under rules specified by health authorities, where latex crepe was...

April 10, 2020 1 min read

Sri Lanka tea prices soar amid rupee fall, tight supplies at Coronavirus e-auction

Sri Lanka's tea prices rose sharply at an auction held amid Coroanvirus curfews with a falling rupee, strong demand from...

Tania Madies
April 8, 2020 2 min read

Sri Lanka's online tea auction sees computers trailing human sellers - so far

Sri Lanka's Colombo tea auction, which went online due to a Coronavirus curfew ending a 126-year-old tradition is doing ...

Mahadiya Hamza
April 7, 2020 3 min read

Sri Lanka's Colombo tea auction goes online amid Coronavirus curfew

Sri Lanka's Colombo Tea Traders Association and Ceylon Chamber of Commerce which had conducted a physical auction for ov...

April 6, 2020 1 min read

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...

January 6, 2020 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, ...

October 23, 2019 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...

September 6, 2019 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...

September 5, 2019 2 min read
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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..

January 17, 2019 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...

December 3, 2018 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...

July 26, 2018 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...

July 14, 2016 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...

January 5, 2016 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...

April 9, 2015 1 min read

Sri Lankan rubber prices fall further

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

March 16, 2015 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 ...

February 19, 2015 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...

February 13, 2015 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...

February 8, 2015 1 min read