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Sunday May 26th, 2024

Crisis-hit Sri Lanka faces increasing child malnutrition, looming protein deficit

The UNICEF expects the number of malnourished children to rise further

September 7, 2022 2 min read

Sri Lanka appoints scrap disposal committee to boost revenue

The cash-strapped country is looking at ways to cut down on state expenditure and boost revenue.

September 6, 2022 1 min read

Sri Lanka stocks end at 5-month high after IMF deal announcement

"Investors expect the economy to recover sooner than later."

September 1, 2022 3 min read

Sri Lanka's BOI targets one billion dollars in FDI for 2022

First half inflows US$400mn

August 31, 2022 2 min read
Sri Lanka's shares end over two month high on positive macroeconomic sentiments

The main All Share Price Index was up 1.39 percent or 119.86 points to 8,755.17.

Sri Lanka hosts the Indian Travel Agents Association convention to boost tourism

The 68th annual convention of Travel Agents Association of India (TAAI) is set to be held from July 6 to 9, 2023.

Sri Lanka rupee opens stronger, gilt yields ease

Sri Lanka’s rupee was quoted stronger at 180.30/180.50 to the US dollar, while gilt yields eased with buying seen in b...

November 28, 2019 1 min read

Sri Lanka tax cuts to boost economy, 5-pct of GDP deficit in 2020: Treasury Secretary

Sri Lanka's economic activity will pick up following a series of the tax cuts and the expansion of economic activity wi...

November 28, 2019 2 min read

Nivard Cabraal appointed senior advisor to Sri Lanka PM

Nivard Cabraal, has been appointed a senior advisor on economic affairs to Prime Minister Mahinda Rajapaksa.

November 28, 2019 1 min read

Sri Lanka rupee closes weaker, gilt yields up

Sri Lanka’s rupee closed weaker at 181.65/95 to the US dollar on Tuesday, while gilt yields gained for the fourth cons...

November 26, 2019 1 min read

Sri Lanka rupee opens weaker, gilt yields up

Sri Lanka’s rupee was quoted weaker at 181.15/20 to the US dollar, while gilt yields gained and stocks opened 0.46 per...

November 26, 2019 1 min read

Corbyn's promises bad policies that led to UK's post WWII decline

Plans by Britain's Labour party to nationalise key industries would reverse a business trend begun by Margaret Thatcher ...

November 24, 2019 4 min read

UN envoy meets Sri Lanka President Gotabaya Rajapaksa

November 22, 2019 1 min read

Prima Ceylon reverses Sri Lanka wheat flour price hike

November 22, 2019 1 min read

Sri Lanka constitution should be changed, 19 amendment abolished: Basil

Sri Lanka constitution has to be changed and a 19th amendment should be abolished, Basil Rajapaksa, brother of President...

November 19, 2019 2 min read

Sri Lanka Distilleries Corp Sept quarter net profit up 11.3-pct

Profits at Distilleries Corporation of Sri Lanka Plc, the island’s largest alcohol producer, grew 11.3 percent to 1.3 ...

November 19, 2019 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka stocks close 1.7-pct higher with JKH, Cold Stores

Sri Lanka's stocks closed up 1.7 percent with gains in index heavy John Keells Holdings and Cold Stores Monday, provisio...

November 18, 2019 1 min read

Kishu Gomes leaves Sri Lanka Tourism

Sri Lanka's Tourism Promotion Bureau chairman Kishu Gomes has resigned with effect from November 15, 2019.

November 15, 2019 1 min read

Sri Lanka rupee ends weaker, gilt yields unchanged

Sri Lanka’s rupee ended weaker at 180.35/45 on Thursday while bond yields remained unchanged, dealers said.

November 14, 2019 1 min read

Sri Lanka banks' negative outlook remains with rising bad loans: Fitch

Ratings agency Fitch said Sri Lanka's negative banking sector outlook is likely to remain in the short-term due to a con...

November 13, 2019 2 min read

Sri Lanka to become hub if reforms are made with South Asia in mind

Sri Lanka could become a key logistics reforms are made with South Asia in mind, an economist has said at an investment ...

November 12, 2019 3 min read

Foreign investors buy Sri Lanka rupee bonds for third week

Foreign investors have bought Sri Lanka rupee bonds for the third week in a row, official data show, after some capital ...

November 10, 2019 2 min read

Sri Lanka to change IMF deal in a Gotabaya administration: Cabraal

Sri Lanka will change a deal with the International Monetary Fund if a new administration under Gotabaya Rajapsaka comes...

November 8, 2019 7 min read

Sri Lanka’s Lanka Tiles Sept quarter net profit up 51-pct

Sri Lanka’s Lanka Tiles group net profits rose 51 percent to 157 million rupees in the September 2019 quarter from a y...

November 7, 2019 1 min read

SriLankan Airlines cuts losses, to fly to Sydney, Saigon

SriLankan Airlines said it managed to reduce losses in the half year to September 2019 under its business turnaround pl...

November 7, 2019 3 min read

Sri Lanka can terminate MCC deal giving 30-days notice

SrI Lanka can terminated a Millennium Challenge Corporation agreement giving 30 days notice and so can the US and there ...

November 7, 2019 1 min read
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