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Sunday February 5th, 2023
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Sri Lanka shares down on tax hike concerns amid rising protests

Many trade unions are up in the arm against tax hike

January 30, 2023 2 min read

Sri Lanka's shares edge down on Expolanka earnings

Top losers during mid day trade were Expolanka, LOLC and Sampath Bank. 

January 30, 2023 1 min read

Sri Lanka parliament to be moved against power regulator chairman: Minister

We are taking action to bring a proposal against Chairman of the Commission

January 29, 2023 1 min read

IMF asked to tax all Sri Lankans with above 41,667 rupee monthly income - sources

Sri Lanka's tax-to-GDP ratio is one of the lowest in the world

January 26, 2023 2 min read
Sri Lanka opposition leader bemoans at social media critics; alleges of defeating him in 2019 polls

Premadasa is aspiring to become the next Sri Lankan leader; some expect his party could have a landslide in LG polls

Sri Lanka exports fall in December as global recession weighs

Demand for Sri Lankan exports is on the declining due to looming global recession

Sri Lanka 3-month T-bill yield down 61 bps

Auction fully subscribed after weeks

January 4, 2023 1 min read

Sri Lanka looks to boost 'long weekend' domestic tourism

In 2023 there are 7 'long weekends' where Friday or Monday is a holiday.

Neshella Perera
January 4, 2023 2 min read
1

Sri Lanka spends Rs.225 mln to beautify airport amid crisis

AASL has spent 225 million rupees to allocate 1900 square meters on the second floor for 31 electronic related shops.

January 3, 2023 2 min read
3

Sri Lanka king coconut output to crash 40-pct from white fly disease

Standard coconut palms less affected

January 3, 2023 2 min read

Sri Lanka will not hire state workers despite retirements amid IMF deal

Sri Lanka has over 1.4 million state workers for 22 million population.

Neshella Perera
December 31, 2022 2 min read

Sri Lanka's egg price controls hit two generations of chicken

Price controls leads to shortage of parent birds

December 31, 2022 4 min read

Sri Lanka service sector sees out migration

November was slightly better due to a pick-up in tourism, the central bank said.

Neshella Perera
December 30, 2022 3 min read

Sri Lanka's shares gain over 1-pct in mid day trade

Retail and insurance counters are active

December 30, 2022 1 min read

Sri Lanka shares gain on mid market trade as holiday sentiments end

The market generated a turnover of 1 billion rupees during its first hour of trade.

December 27, 2022 1 min read

Sri Lanka's shares down in mid day trade

Top losers were Expolanka, LOLC, Richard Pieris and Company.

December 23, 2022 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 371.7127 371.6601
UK Pound 453.5962 453.9794
Euro 396.3156 396.4763
Aus Dollar 250.1862 251.1981
Yen 2.8251 2.7549
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.3961 4.3963
Korea Won 0.2820 0.2791
Oman Rial 943.2237 943.2268
Saudi Riyal 96.7270 96.7115
UAE Dirham 98.8729 98.8786
Source: Central Bank/Indicative
pts %
S&P SL20 2,653.84 -1.51%
CSE All Share 8,420.26 -1.04%
Turnover Rs million 4,621,153,484 2,824,714,520
Source: CSE
Latest Last
3-m bill 31.03 31.03
6-m bill 29.57 29.60
12-m bill 28.41 28.41
5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka to use vehicles confiscated by Customs for police work

Sri Lanka also plans to set up 111 new police stations.

Neshella Perera
December 22, 2022 2 min read

Sri Lanka trains more teachers for IT subjects

There are approximately 20,000 IT job openings in the public and private sectors

December 21, 2022 2 min read

Sri Lanka promises interest subsidies to egg farmers crippled by price controls

“Ministry officials to grant loans for the egg producers under a minimum interest rate to reduce production costs."

Neshella Perera
December 15, 2022 2 min read

Cyclone Mandous kills hundreds of livestock in Sri Lanka's northern farms

"These kinds of tragedies occur every other year due to the extreme hot climatic conditions, floods and so on.

Roshani Fernando
December 10, 2022 2 min read
1

Sri Lanka's shares gain in mid market trade

"Some of the index heavy counters are dominating today," analysts said. 

December 6, 2022 1 min read

Sri Lanka's shares gain in mid market trade

"The market was pushed up over the news of a potential 10 year debt moratorium," analysts said. 

December 5, 2022 1 min read

Sri Lanka's shares gain in mid market trade

Market has continued to gain for the past four sessions. 

December 1, 2022 1 min read

India, China use own geopolitical strategy to keep crisis-hit Sri Lanka in check

India, China deal with crisis-hit Sri Lanka in a way to anger each other

November 30, 2022 5 min read
1

Sri Lanka shares edge up in mid day trade

"Market is still being pushed by Expolanka's expansion news, while Lanka IOC is moving on higher valuation."

November 29, 2022 1 min read

Sri Lanka targets China cruises

Sri Lankan Ambassador in China had proposed creating four/five cruise itineraries in the island.

November 27, 2022 2 min read