An Echelon Media Company
Friday June 2nd, 2023

Sri Lanka food producers on countdown; 6-months to reduce trans fat content

However, these regulations will not be applicable for export oriented food products.

Neshella Perera
May 30, 2023 2 min read

India extends under utilized $1 bln credit facility to Sri Lanka by one year 

The agreement is extended for the remaining $423.25 million - State FinMin

May 30, 2023 1 min read

Sri Lanka President cleared to discuss cancelled LRT after soured Japan relations

Gotabaya Rajapaksa unilaterally cancelled Japanese financed $1.5 billion LRT, Japan, India involved ECT

May 30, 2023 2 min read

Sri Lanka to tighten grip on television with broadcast law

Justice Minister to make the draft law to discuss draft law with media soon

May 30, 2023 1 min read

Sri Lanka's shares fall in mid day trade on need for clarity on DDO and DDR

Sri Lanka's shares fell in mid day trade on Tuesday on selling pressures and a wait and see approach.

May 30, 2023 1 min read

Sri Lanka rupee at 296.75/297.25 to dollar at open, bond yields steady

The rupee closed at 296.75 /297.25 to the US dollar on Monday after opening around 296.50 /297.50 rupees.

May 30, 2023 1 min read

Sri Lanka rupee appreciation squeezes exporters

Central bank net credit to government has fallen from September allowing balance of payments to go into surplus

May 30, 2023 3 min read

Sri Lanka forum to discuss central bank independence vs sound money

The discussion will compare the current system against alternative systems

May 30, 2023 2 min read

Sri Lanka teachers withdraw from A/L paper marking again over unresolved payments

Paper correction started this month after a long delay

Apsara Rodrigo
May 29, 2023 1 min read

Sri Lanka's shares down on potential delays in DDR and DDO

The main All Share Price Index (ASPI) was down 1.40 percent or 121.96 points at 8,575.11.

May 29, 2023 3 min read

Sri Lanka to make producers responsible for plastic containers

From June the Central Environmental Authority would also bring regulations for imported pellets.

Apsara Rodridgo
May 29, 2023 2 min read

Sri Lanka rupee closes at 296.75/297.25 to dollar, bond yields steady

The rupee closed at 296.00 /297.50 to the US dollar on Friday after opening around 302.80/303.10 rupees.

May 29, 2023 1 min read

Sri Lanka food security improves across all provinces by 40 percent: FAO, WFP

Nearly 10,000 people are considered severely acute food-insecure at present, down from 66,000 people last year.

May 29, 2023 4 min read

Sri Lanka gets US$350mn budget support loan from ADB

Budget support loans ease cashflows of the government

May 29, 2023 2 min read

Sri Lanka's next election likely to be presidential poll: UNP deputy leader

“The way I see it, the next election will be a presidential poll,” said the former MP.

May 29, 2023 5 min read

Sri Lanka's shares down in mid day trade

The turnover was 264 million rupees during mid day trade. 

May 29, 2023 1 min read
Tea

Sri Lanka Ceylon Tea prices down at weekly auction

The weekly sale average fell by 86.93 rupees to 980.64 rupees from 1067.57 rupees

May 29, 2023 2 min read

Sri Lanka rupee at 296.50 /297.50 to dollar at open, bond yields up

A bond maturing on 01.09.2027 was quoted at 26.50/70 percent unchanged from Friday’s close.

May 29, 2023 1 min read

Sri Lanka's Port City duty free to have allowance of US$5000 a year

Tourists and those going out of the country could also buy goods

May 29, 2023 1 min read

Sri Lanka to offer land for investors to build industrial zones

Foreign investors are again showing interest in the country as stability returns

May 28, 2023 2 min read