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Monday June 3rd, 2024
Trade

Sri Lanka removes licenses on 369 imports, open account allowed till June 07

Finance Ministry asks not to import excessively

June 1, 2022 1 min read

Sri Lanka healthcare agencies to pay suppliers current dollar rate to reduce shortages

The rupee fell steeply in 2022 after two years of money printing

June 1, 2022 2 min read

Sri Lanka CB takes on task finding dollars for food after open account ban

CBSL would like to reassure its commitment to ensuring foreign exchange within the banking system for food

May 30, 2022 5 min read

India gifts Sri Lanka drugs as currency collapse, price controls hit supplies

Medical supplies also send to the Suwaseriya ambulance service

May 28, 2022 2 min read
Sri Lanka generates USD 315 mn exporting gems & jewellery in 2023 so far: minister

“The Central Bank confirms a remarkable 34 percent growth in export revenue for the Gems and Jewellery Authority."

Defaulted Sri Lanka looking to 'guarantee' unrecognized truck, bus LCs

Vehicle importers complain that import LCs are not recognized internationally

Sri Lanka to open US$3.5mn spice testing lab for exports

Sri Lanka's Industrial Development Board (IDB), in partnership with multilateral agencies is in the process of installin...

February 28, 2020 2 min read

Sri Lanka's steel costs 70-pct higher due to protectionism

Sri Lanka's steel costs are about 70 percent higher than other Asian countries which is hurting housing and apartments ...

February 24, 2020 1 min read

Sri Lanka state firms to import 79,900MT of chemical fertilizer

Sri Lanka's state fertilizer firms have ordered 79,000 metric tonnes of chemical fertilizer to be distributed to farmers...

February 23, 2020 2 min read

Sri Lanka exporters buckle-up for Coronavirus hit on China supply chain

Export industries in Sri Lanka which depend on inputs from China are looking for alternative source markets as a Coronav...

Mahadiya Hamza
February 18, 2020 4 min read

Sri Lanka exports down in Dec 2019, imports pick up

Sri Lanka's exports fell 3.2 percent from a year earlier to 1,000 million dollars in December 2019, while imports picked...

February 17, 2020 1 min read

Sri Lanka has GSP+ access to Britain for another year: UK Envoy

Sri Lanka has the same level of trade access as earlier under the GSP+ preferential trade scheme for one year after the...

Mahadiya Hamza
February 14, 2020 2 min read

Sri Lanka apparel exporters eye regional supply chain management

Sri Lanka's apparel industry has the capacity to expand into offshore supply chain management for their customers and bu...

Mahadiya Hamza
February 13, 2020 2 min read

Sri Lanka firms keen to meet international standards: EU

Sri Lanka is keen to meet international standards required by the General System of Preferences (GSP) Plus program, alth...

February 12, 2020 2 min read

Sri Lanka targets US$18.5bn in goods, services exports in 2020

Sri Lanka's export promotion agency is targeting 18 billion US dollars in goods and services exports in 2020, up from 16...

January 31, 2020 1 min read

Sri Lanka should strike trade deals with China, ASEAN to access Asia: EDB Chief

Sri Lanka should sign free trade deals with China and the Association of East Asian Nations to boost exports to Asia, n...

January 30, 2020 1 min read
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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 plans price controls on face masks as virus fears drive demand

Sri Lanka's drug regulatory agency will put price controls on face masks, a top official said as pharmacies ran out supp...

Mahadiya Hamza
January 29, 2020 2 min read

Sri Lanka scrambles to boost mask output as pharmacies run dry

Sri Lanka has asked domestic producers to boost the output of masks officials said as pharmacies ran dry after health au...

January 28, 2020 2 min read

Sri Lanka's Customs says no notice on return of plastic waste from Malaysia

Sri Lanka has not received notice from Malaysian authorities about plastic waste being sent back to the island, a top Cu...

January 21, 2020 2 min read

Sri Lanka exports flat in November, imports down

Sri Lanka has exported 979 million dollars of goods in September 2019, unchanged from last year, earned 332 million US d...

January 17, 2020 1 min read

Sri Lanka targets US$700mn in trade with Russia

Sri Lanka is aiming to increase bilateral trade with Russia by 700 million US dollars, and continue policies set by the ...

January 14, 2020 2 min read

China-bound scorpions seized in Sri Lankan airport sting

Sri Lanka's customs on Monday arrested and fined a Chinese man accused of trying to take 200 venomous scorpions out of t...

January 14, 2020 1 min read

Sri Lanka apparel exports up 2.8-pct in Nov with investments in production

Sri Lanka's apparel exports grew 2.8 percent to 459 million US dollars from a year earlier in November 2019 due to an in...

Mahadiya Hamza
January 13, 2020 2 min read

Maize 'mafia' squeezes Sri Lanka poultry farmers with import bans, duties

A 'mafia' or oligarchy of maize collectors who have been pushing the government to restrict trade in the grain have bee...

January 13, 2020 4 min read

Sri Lanka partly clears importer arrears to ease fertilizer shortage

Sri Lanka has paid some of the debt owed to importers for fertilizer subsidies in a bid to bring in more supplies and ea...

January 11, 2020 1 min read

Sri Lanka bans legal import of ethanol to protect domestic producers

Sri Lanka has banned the legal import of ethanol, the main input of 'gal' style arrack, the finance ministry said to pro...

January 1, 2020 1 min read
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