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Sunday June 26th, 2022

Sri Lanka rupee falls to new low, bond yields slightly higher

COLOMBO (EconomyNext) – Sri Lanka's rupee fell to 134.20 to the US dollar Thursday, as the intervention rate was ...

June 19, 2015 2 min read

Sri Lanka to rebuild aging oil pipeline network

COLOMBO (EconomyNext) – Sri Lanka is to call for international bids to rebuild a pipeline network from Colombo po...

June 18, 2015 1 min read

Sri Lankan shares rise on Keells; turnover slumps

COLOMBO, June 18 (Reuters) - Sri Lankan shares edged up on Thursday for a second straight session, helped by market heav...

June 18, 2015 2 min read

Maldivian firm to build hotel in Sri Lanka’s central hills

COLOMBO (EconomyNext) – Sri Lanka’s Board of Investment (BOI) has approved a three million US dollar inves...

June 18, 2015 1 min read

Toilet paper wedding dresses steal the show

NEW YORK (Reuters) - The contestants competed in the annual Toilet Paper Wedding Dress Contest, showing off their dress-...

June 18, 2015 1 min read

Sri Lanka’s Tokyo Cement invests in manufactured sand joint venture

COLOMBO (EconomyNext) – Tokyo Cement Company (Lanka) said it is to set up subsidiary to produce manufactured sand...

June 18, 2015 1 min read

SriLankan cabin crew injured in turbulence; passengers' safe

COLOMBO (EconomyNext) - Four cabin crew were injured after a SriLankan Airlines aircraft returning from Paris ran into t...

June 18, 2015 1 min read

Global watchdog says to study bond market liquidity

LONDON, June 17 (Reuters) - Global regulators will review the structure of bond markets to see if any changes are needed...

June 18, 2015 2 min read

Sri Lanka Ports Authority to call international bids for container cranes

COLOMBO (EconomyNext) – Sri Lanka Ports Authority (SLPA) is to call for international competitive bids to buy con...

June 18, 2015 1 min read

Sri Lanka to conduct eco study to re-start China Port City

COLOMBO (EconomyNext) - Sri Lanka will conduct a full environmental impact assessment on a sea reclamation project by Ch...

June 18, 2015 1 min read

Sri Lanka rupee weakens to Rs134.20 to US dollar in spot market

COLOMBO (EconomyNext) - Sri Lanka's official intervention rate was allowed to fall 20 cents to 134.20 to the US dollar T...

June 18, 2015 1 min read

Sri Lanka calls bids for US$100mn in floating rate bonds

COLOMBO (EconomyNext) - Sri Lanka is offering for 100 million US dollars in 2, 3 and 5 year dollar denominated bonds tar...

June 18, 2015 1 min read

Sri Lanka collectively punishes consumers for food adulteration by suppliers

COLOMBO (EconomyNext) - Sri Lanka has hiked a tax on imported edible oil, punishing consumers of vegetable oils with hig...

June 18, 2015 2 min read

Asia stocks up, dollar sags after dovish signals from Fed

TOKYO, June 18 (Reuters) - Asian equities rose early on Thursday after the Federal Reserve sounded more dovish than many...

June 18, 2015 2 min read

Ex-Uber driver says her phone-sex business helped her tackle Uber

SAN FRANCISCO, June 17 (Reuters) - The former Uber driver who won a potentially landmark employment ruling against the r...

June 18, 2015 3 min read

Sri Lanka exporters should bring back dollars: Finance Minister

COLOMBO (EconomyNext) - Sri Lanka's exporters should bring back dollars and invest within the country at a higher yield ...

June 18, 2015 2 min read

Sri Lanka publishes constitutional amendment on electoral reforms

COLOMBO (EconomyNext) – Sri Lanka's government has published the gazette notification on the 20th Amendment to th...

June 17, 2015 1 min read

Sri Lanka bond yields up amid foreign selling

COLOMBO (EconomyNext) - Sri Lanka's bond yields rose across maturities with strong foreign selling in 8-year bonds, with...

June 17, 2015 2 min read

Sri Lankan shares edge up; foreign investors exit Keells

COLOMBO, June 17 (Reuters) - Sri Lankan shares edged up on Wednesday, helped by index heavyweight John Keells, which man...

June 17, 2015 2 min read

Sri Lanka tea crop recovers as global production falls

COLOMBO (EconomyNext) –Sri Lanka’s tea production has recovered this year and the island is the only major...

June 17, 2015 1 min read