An Echelon Media Company
Sunday March 26th, 2023

Sri Lanka sells 2027 bonds, 2025 bids rejected

None of the offered 15 billion rupees of 15 January 2025 bonds at 22.5 percent were sold.

February 27, 2023 1 min read

Sri Lanka's Colombo District property up 14.8-pct in 2H 2022

Residential values had grown 15.2 percent, commercial 15.7 percent and industrial 13.6 percent.

February 24, 2023 1 min read

Climate Insecurity is a Collective Challenge, South Asia Needs a Common Policy

Rising sea levels and other ecological changes are impacting the lifestyles of fishermen and farmers.

February 23, 2023 6 min read

Sri Lanka Cricket bridges gender gap in payment; raises women's match fee 

SLC raised the women team players' match fee to the same level of men's team.

February 16, 2023 1 min read
Sri Lanka high low grown teas gain, mid growns ease

"There was improved demand particularly as the sale progressed," Forbes and Walker said.

Sri Lanka stocks edge up in lackluster trade; banks down after rally on expected IMF approval

(ASPI) closed up 0.09 percent, or 8.76 points, at 9,596.55, its highest since March 10.

Sri Lanka stocks jump to over 3-month high on IMF deal hope after Chinese assurance 

Shares had seen a broad base pick up after assurances from India and China over the ending of the week.

January 23, 2023 2 min read

Sri Lanka's shares edge up in mid day trade on IMF hopes

“I can tell this assembly that the talks are successful,” President Wickremesinghe told parliament.

January 19, 2023 1 min read

Sri Lanka main opposition SJB unfazed by SLPP-UNP alliance

“The UNP-SLPP alliance is in no way a challenge to the SJB,” said Attanayake.

January 10, 2023 2 min read

Sri Lanka shares fall on selling pressure

"Investors are not happy to invest until they see some solid assurance on IMF loan and the island’s debt restructure.â...

January 9, 2023 2 min read

Canada provides $3mn assistance to Sri Lanka

The project aims to provide emergency food, safe water, health and nutrition services and other essential services.

January 9, 2023 1 min read

Drug haulers arrested off Sri Lanka's Mirissa coast detained for one week

The five suspects are between 33 and 42 years of age and are residents.

January 7, 2023 1 min read

Sri Lanka scraps 'semi-luxury' buses on Colombo-Kataragama run

"From today onwards there will be no such buses in the Kataragama – Colombo route via Galle road."

January 5, 2023 1 min read

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

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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 328.6083 334.9328
UK Pound 404.2407 411.1914
Euro 358.1529 359.7836
Aus Dollar 221.9914 225.8025
Yen 2.5191 2.5583
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.8504 4.0593
Korea Won 0.2471 0.2566
Oman Rial 824.2395 870.3981
Saudi Riyal 84.4779 89.2088
UAE Dirham 86.3927 91.2333
Source: Central Bank/Indicative
pts %
S&P SL20 2,722.94 -1.64%
CSE All Share 9,395.98 -1.38%
Turnover Rs million 3,437,599,160 1,512,188,680
Source: CSE
Latest Last
3-m bill 26.95 28.13
6-m bill 26.26 27.13
12-m bill 25.26 26.11
5-yr bond 26.01 25.82
8-yr bond 24.73 24.73
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 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

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