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Thursday June 1st, 2023

Sri Lanka power regulatory chief will withdraw court case if fuel price benefit passed to consumers

The public should not wait till the price revision in July as promised by Minister Kanchana

April 4, 2023 3 min read

Sri Lankan fuel, containers truckers reduce fares after diesel price cut

"We hope to reduce it by 8-10 percent and will be applied from tomorrow."

March 31, 2023 2 min read

Sri Lanka's stocks close lower as investors wait for clarity on IMF and end of financial year

The main All Share Price Index (ASPI) closed down 0.47 percent or 43.93 points to 9,228.50. 

March 30, 2023 2 min read

Top Amnesty International official to meet IMF representatives on Sri Lanka deal

“Put people at the centre of any economic programmes that the government is embarking on."

March 29, 2023 7 min read
Sri Lanka bond yields closed steady, rupee at 320.30/321.30 against the US dollar

 Sri Lanka’s bond yields were steady at closed on Tuesday while the rupee opened at 320.30/321.30 against the US doll...

Sri Lanka's stocks edge down on selling pressure from financial counters

All Share Price Index was down 0.64 percent or 60 points to 9,345.90,

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's shares slip in mid day trade

Top losers at 1130 hours were Commercial Bank, Aitken Spence and Expolanka.

January 24, 2023 1 min read

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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 290.6745 289.8986
UK Pound 358.1710 357.3274
Euro 309.9647 310.0947
Aus Dollar 188.4064 310.0947
Yen 2.0658 2.0576
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5935 3.6214
Korea Won 0.2248 0.2261
Oman Rial 770.5802 776.9541
Saudi Riyal 79.1149 79.7546
UAE Dirham 80.7822 81.4508
Source: Central Bank/Indicative
pts %
S&P SL20 2,432.34 0.14%
CSE All Share 8,532.60 -0.50%
Turnover Rs million 575,340,332 518,927,793
Source: CSE
Latest Last
3-m bill 24.64 24.60
6-m bill 24.24 24.36
12-m bill 22.37 22.36
5-yr bond 24.98 24.79
8-yr bond 23.82 23.16
Source: Central Bank/Indicative
today yesterday
Overnight Money 16.49 16.49
Gilt Repo 16.50 16.50
I-m SLIBOR - -
Source: Central Bank/Indicative

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

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
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