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Thursday May 23rd, 2024

Sri Lanka CB inks 5-pct inflation deal with government

Central bank has signed an agreement with government to maintain inflation at 5 percent with 2 percent variation

October 5, 2023 1 min read

Sri Lanka’s stocks close up on Wednesday, but trading low

Sri Lanka’s stocks closed up on Wednesday, but turnover remained low.

October 4, 2023 1 min read

Sri Lanka rupee closes at 323.70/324.00 on Wednesday, bond yields down

Sri Lanka’s rupee closed at 323.70/324.00 to the US dollar on Wednesday, dealers said. Bond yields were down

October 4, 2023 1 min read

Sri Lanka Supreme Court to hear case against pardoning Gnanasara Thero

Sri Lanka’s Supreme Court gave leave to proceed on a case filed against a presidential pardon given to Gnanasara Thero

October 4, 2023 1 min read
Sri Lanka's monthly tourism revenue hits highest since February 2020

Sri Lanka tourism is recovering from zero after COVID-19 and violence following an economic crisis

Sri Lanka's Exterminators Plc becomes reseller for Pest Scan, an AI-powered pest app

Exterminators Plc designated reseller for Pest Scan, an AI-powered digital pest management software, within South Asia

Sri Lanka cannot progress with import restrictions: Minister

"There cannot be another economic crisis from removing restrictions. A country cannot go on with import controls.”

Nethmi Rajawasam
August 21, 2023 2 min read

Sri Lanka to promote local grape cultivation to ‘save foreign exchange’: Minister

Sri Lanka should promote domestic grape cultivation

Nethmi Rajawasam
August 18, 2023 1 min read

Sri Lanka must move on from state-dominated economy, embrace private enterprise: prez

“So we have to get out. We have to move out of this cycle. We have to think anew,” he said.

August 17, 2023 2 min read

Sri Lanka to lease loss-making Channel Eye airtime to Lyca group

“At the moment it is making losses and cannot even pay the electricity bill.”

Nethmi Rajawasam
August 15, 2023 2 min read

Japan foreign minister Sri Lanka president discuss debt restructuring, investments

Minister Yoshimasa arrived in Sri Lanka on July 28th for a two-day official visit.

July 29, 2023 2 min read

Sri Lanka needs to balance accountability, reconciliation under TRC - state foreign minister

When you focus more on accountability, it could be harmful for reconciliation - Minister

July 26, 2023 3 min read

Sri Lanka, India leaders again focus on energy hub in mineral resource rich Trincomalee

India has been eying Trincomalee for more than four decades

July 21, 2023 3 min read

Sri Lanka bonds opens steady, rupee 323.00/325.00 to dollar

US dollar opened at 324.00/325.00 rupees.

July 20, 2023 1 min read

Sri Lanka's shares edged up in mid day trade

All Share Price Index (ASPI) edged up 0.33 percent or 34.17 points 10,524.15

July 13, 2023 1 min read

Sri Lanka bond yields slightly up, spot US dollar Rs312/313

Profits taking in infra-day trade

July 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 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 shares gain in mid day trade

The main All Share Price Index was up 0.91 percent or 85.43 points to 9,454.34

June 28, 2023 1 min read

Sri Lanka banks welcome CB Governors' assurance on DDR impact

Capital and liquidity ratios of the banks remain above the regulatory requirements

June 28, 2023 2 min read

Sri Lanka foreign minister meets Finance Minister Liu, China EximBank over debt

Also meets Sinopec and China Harbour Engineering

June 28, 2023 2 min read

Sri Lanka investor forum by First Capital

The forum themed as “Invest with impact, seize capital market opportunities”, is scheduled to take place at Shangri-...

June 27, 2023 1 min read

Sri Lankan Airlines says sick cockpit crew delayed Korea flight

SriLankan Airlines regrets the inconvenience caused to its guests by the delay of UL 470

June 21, 2023 1 min read

Sri Lanka to extend maturities, clip coupons of rupee bonds: Minister

No bank deposits will be reduced

June 21, 2023 1 min read

Sri Lanka plans to extend leases of plantations: Minister

Now about 22 years remain in the lease

June 21, 2023 1 min read

Sri Lanka passes law to start parliament budget office

The Parliamentary Budget Office shall be an independent body and accountable to Parliament

June 21, 2023 2 min read

Sri Lanka to give welfare benefits to over two million families from Jul 01

A 200 million World Bank loans to be approved on June 28

June 20, 2023 1 min read

Sri Lanka meets 29 commitments in IMF programs: think tank

Revenues short of target

June 19, 2023 2 min read
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