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Monday June 3rd, 2024
General Economy

Sri Lanka economy may contract 6.9-pct in 2022 PM says after soft-peg collapse

CB estimates economy may contract 4-5-pct

June 7, 2022 1 min read

Tough three weeks ahead for Sri Lanka with crippling fuel, gas shortages incoming: PM

“At the end of these three difficult weeks, we shall try to supply fuel and gas without disruptions."

June 7, 2022 2 min read

Sri Lanka's China backed Port City drives up revised GDP

2017 GDP revised to 6.5-pct from 4.5-pct

June 2, 2022 2 min read

Sri Lanka GDP bloated after re-basing

Debt to GDP down, per capital GDP up

June 2, 2022 2 min read
Sri Lanka President plans to send university students to Harvard, Cambridge

We aim to provide four talented students with foreign scholarships to renowned universities

International community turning blind eye to Sri Lanka concerns, IMF deal must ensure rights: AI

With the government we raised alarm bells around the proposed anti-terrorism legislation

Railway strikers face the sack

The Railway Department has decided to consider staff who have not returned to work due to the strike even without applyi...

October 2, 2019 1 min read

Southern Province overtakes Western in Sri Lanka human capital index

Sri Lanka's Southern Province had scored 63.3 points in a global human capital index (HCI) developed by the World Bank,...

September 28, 2019 3 min read

Sri Lanka' trails Asia in human capital index: 13-year education equals 8 in Singapore

Sri Lanka is trailing behind many Asian and middle income countries in human capital with lower relative education and s...

September 27, 2019 3 min read

Sri Lanka's Hill Country Tamils marginalized despite ending statelessness: report

Sri Lanka's 'Hill Country Tamils', who for generations produced its main agricultural export, Ceylon tea, remains margin...

September 27, 2019 3 min read

Sri Lanka annual floods, droughts healthcare hit US$19 million: study

Sri Lanka spends US$ 19 million (approximately 3.4 billion rupees) annually on healthcare due to floods and droughts, a ...

September 25, 2019 3 min read

Sri Lanka warned to get ready for 'feminization of ageing'

Sri Lanka is ageing with expanding over-60 population and a greater share of the older persons will be women, experts sa...

Tania Madies
September 20, 2019 4 min read

Sri Lanka GDP growth 1.6-pct in 2019 second quarter

Sri Lanka's gross domestic product expanded 1.6 percent in the second quarter, from a year earlier, in the wake of a cur...

September 19, 2019 2 min read

Sri Lanka govt performance audit, action tracker mooted by Ceylon Chamber

The Ceylon Chamber of Commerce has proposed an action tracker for all Sri Lanka government initiatives and mandatory per...

September 18, 2019 2 min read

Sri Lanka squandered chance to reform and grow: Razeen Sally

Sri Lanka has thrown away a once in a lifetime opportunity to reform the economy and grow that opened up in 2015, and is...

September 12, 2019 3 min read

New study shows 2.5 million Sri Lankans vulnerable to poverty

A new study by Sri Lanka’s Census and Statistics Department has revealed that 2.5 million of Sri Lanka’s 20 million ...

September 3, 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
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UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
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CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
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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

Inclusive growth, SME focus at Sri Lanka economic summit by Ceylon Chamber

How to ensure growth is sustainable and inclusive and the role of small businesses will be a key focus area at the annua...

September 3, 2019 1 min read

Sri Lanka to grow about 2 percent in 2Q: CB Governor

Sri Lanka is expecting to grow about 2 percent in the second quarter and 3.1 percent for the full year, Central Bank Gov...

August 23, 2019 1 min read

Moody's forecasts Sri Lanka growth to weaken, slow recovery

Sri Lanka’s economic growth will slow sharply in the second quarter of this year after April’s suicide bom...

August 23, 2019 3 min read

Privatization gulf between Sri Lanka, Vietnam exposed by Bimal Ratnayake, opposition

Sri Lanka's Marxist Janatha Vimukthi Peramuna and opposition legislators launched an attack on an amendment to a governi...

August 23, 2019 5 min read

Sri Lanka manufacturing, services activities grow in July

Sri Lanka's manufacturing and services activities grew in July 2019 from a month earlier, the central bank said.

August 16, 2019 2 min read

Sri Lanka submits LP Gas price formula to court: Harsha

Sri Lanka's Attorney General has submitted a price formula for liquefied petroleum gas to court for approval to end mini...

August 16, 2019 2 min read

Sri Lanka's Ceylon Chamber economic forum seeks to reset growth path

ECONOMYNEXT - The annual business forum held by the Ceylon Chamber of Commerce this year will look at ways to re-set Sri...

August 7, 2019 1 min read

Enterprise Sri Lanka in Anuradhapura to build business owners

Sri Lanka's government is holding an exhibition and workshops in the North Central city of Anuradhapura from July 24 to ...

July 23, 2019 2 min read

Sri Lankan businesses told how S. African firms revived sanctions-hit economy

ECONOMYNEXT – The way South Africa’s businesses helped the country recover from the isolation and sanction...

July 17, 2019 3 min read

External current account surplus in Sri Lanka amid credit bust

Sri Lanka has recorded surplus in the external current account in 2019 for the first time in a decade, Central Bank Gove...

July 17, 2019 3 min read