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Sunday May 26th, 2024

Yields in Sri Lanka govt securities, rupee guidance peg steady

A guidance peg announced by Sri Lanka’s central bank for interbank transactions remained unchanged at 360.94 rupees

August 10, 2022 1 min read

Death toll due rough weather in Sri Lanka increases to five

One person has been injured and three people are reported to be missing.

August 6, 2022 1 min read

Discussion between President and SJB ends on a positive Note; MP Harsha de Silva

Opposition proposes to lift the emergency law and to release “aragalaya” prisoners

August 6, 2022 2 min read

Energy Minister reveals the main reasons for CPC losses

Rupee depreciation, dues from government-owned institutes and overpaid overstaff are prominent reasons for the loses

August 6, 2022 2 min read
Sri Lanka bond yields end higher, rupee at 321.50/90 against the US dollar

Sri Lanka’s bond yields were slightly up at close on Wednesday, while the rupee closed at 321.50/90 against the USD

Japan grants USD 3.8mn to support Sri Lanka’s smallholder farming families, women's empowerment

The programme aims to diversify livelihoods and introduce entrepreneurship programmes

False charges against MCC like Sri Lanka Suwaseriya 'Indian invasion': Mangala

False charges against grant funding by America's Millennium Challenge Corporation was similar to a campaign against a Vo...

November 7, 2019 3 min read

Sri Lanka to institutionalize 'flexible exchange rate' in new monetary law

Sri Lanka is set to institutionalize a 'flexible' exchange rate' regime instead of a floating exchange rate through a dr...

November 4, 2019 4 min read

John Keells' hotels in Sri Lanka to be as full as last year in 2019 winter season

John Keells Holdings, which operates Sri Lanka's largest leisure business Cinnamon, said its hotels have as much demand ...

November 4, 2019 2 min read

Sri Lanka in stagflation after flexible exchange rate collapse

Sri Lanka is going through a period of stagflation involving low growth and higher inflation for the second time in less...

November 4, 2019 4 min read

Sajith promises tax reforms, support for Sri Lanka SMEs, female empowerment

Sajith Premadasa, a front runner for the 2019 Presidential Election, launched his manifesto on Thursday, promising broad...

October 31, 2019 3 min read

Sri Lanka rupee steady, stocks 0.33-pct weaker at open

Sri Lanka’s rupee was quoted at 181.55/60 to the US dollar on Wednesday, steady from Tuesday’s close, while bond yie...

October 30, 2019 1 min read

Warehousing profits prop up Sri Lankan tea broker's bottom line

Sri Lanka’s Asia Siyaka Commodities lost 4.4 million rupees in the September 2019 quarter compared with profits of nin...

October 30, 2019 1 min read

Laugfs says LPG supplies to Sri Lanka restored

Sri Lanka's Laugfs Gas said distributrion liquefied petroleum gas has been increased, ending a disruption seen last week...

October 29, 2019 1 min read

Trump says Islamic State chief Baghdadi killed in US raid

President Donald Trump on Sunday said that the elusive leader of the Islamic State group, Abu Bakr al-Baghdadi, had been...

October 28, 2019 5 min read

Sri Lanka stocks rally for seventh day, retail buying in Chevron

Sri Lanka's stocks closed 0.32 percent higher on Friday, with retail investors buying Chevron Lubricants Lanka, which re...

October 25, 2019 2 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

Gotabaya says will abolish PAYE tax, slash Sri Lanka VAT, boost biz environment

Sri Lanka Podujana Peramuna Presidential candidate Gotabhaya Rajapaksa promised sweeping tax cuts, employed workers and ...

October 25, 2019 3 min read

Sri Lanka's location should be boon for business, not smugglers

Logistics professionals should make better use of modernised Sri Lankan transportation infrastructure to exploit for tra...

October 25, 2019 2 min read

Sri Lanka to charge NBT on cigarettes, exempts large projects, some imported inputs

Sri Lanka has removed an exemption on cigarettes for National Building Tax, a non-recoverable turnover tax, while exempt...

October 24, 2019 1 min read

Sri Lanka's Laugfs Gas to list power subsidiary

Sri Lanka's Laugfs group is to list its renewable energy subsidiary Laugfs Power Limited with a reference price of 8.80 ...

October 17, 2019 1 min read

Sri Lanka rupee ends weaker, bond yield lower

Sri Lanka’s rupee closed weaker 180.95/181.10 to the US dollar in the spot market on Monday while bond yields were sli...

October 14, 2019 1 min read

Mangala to revise Sri Lanka's 'feel-the-pain' illiberal carbon tax

Sri Lanka is planning to revise the basis of a 'feel-the-pain' illiberal tax proposed on European lines which critics sa...

October 11, 2019 2 min read

Depleted Sri Lanka shock Pakistan despite Hasnain hat-trick

Danushka Gunathilaka scored a career best 57 and despite a hat-trick by teenage Pakistan paceman Mohammad Hasnain.

October 11, 2019 3 min read

US Fed members 'more concerned,' say recession risks rising: minutes

American central bankers have grown more fearful, saying a global slowdown and President Donald Trump's trade wars could...

October 10, 2019 3 min read

SriLankan Engineering certifies Singpapore Airlines B787 on Maldives run

SriLankan Engineering has certified the first Boeing 737 aircraft of Singapore Airlines operated to Male Maldives, as pa...

October 9, 2019 1 min read

Sri Lanka's Cinnamon Hotels opens Velifushi Maldives

Sri Lanka-based Cinnamon Hotels & Resorts, a unit of publicly traded John Keells Holdings, has opened a new resort ...

October 8, 2019 2 min read
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