An Echelon Media Company
Monday June 3rd, 2024
Ground

Sri Lanka's United Motors eyes commercial, earth moving vehicles as car sales fall

ECONOMYNEXT - United Motors Lanka, agents in Sri Lanka for Mitsubishi automobiles, has said it diversifying into commerc...

July 8, 2019 3 min read

Sri Lanka LRT project to ease congestion, boost economy: Champika

A 2.2 billion US dollar light rail transit project for Colombo, will ease congestion and boost economic activity, Sri La...

July 4, 2019 1 min read

Chinese firm wins Sri Lanka rail container deal for solid waste

China’s state-owned power plant and railway equipment manufacturer Dongfang Electric International Corporation ha...

July 3, 2019 1 min read

Sri Lanka plans US$50mn cable car project in Nuwara Eliya

Sri Lanka's cabinet of ministers had given initial clearance for a cable car project in hill country town of Nuwara Eliy...

July 3, 2019 1 min read
Sri Lanka cabinet cancels Japan funded light rail project

Sri Lanka's cabinet of ministers had approved the cancellation of a light rail project funded by Japan to ease traffic c...

Sri Lanka vehicle registrations down in July

Sri Lanka's vehicle registrations fell to 28,572 in July down from 32,123 with motorcycle registration at 22,419 from 25...

ADB support for Sri Lanka’s railway sector master plan

ECONOMYNEXT – The Asian Development Bank (ADB) has approved technical assistance to help prepare a master plan fo...

October 19, 2017 2 min read

Sri Lankan firms told to upskill workers, collect data

ECONOMYNEXT – Sri Lankan logistics companies need to invest to improve the skills of their workers to meet new em...

October 6, 2017 2 min read

Sri Lanka gets World Bank loan for safer roads project

ECONOMYNEXT – The World Bank will give Sri Lanka a $125 million loan for a new project that will deliver better a...

September 29, 2017 2 min read

Sri Lanka to allow quadri-cycles: minister

Sri Lanka will allow the registration of quadri-cycles as a safer alternative to the ubiquitous three-wheeler taxis, Tra...

September 21, 2017 1 min read

Sri Lanka auditor queries payments on road project

ECONOMYNEXT – Sri Lanka’s Auditor General’s Department has queried what it called contention paymen...

September 18, 2017 1 min read

Sri Lanka to call investors for property and multimodal transport hub

Sri Lanka will call competitive tenders to hand over a 9 acre land (about 4 hectares) in Sri Lanka's capital Colombo for...

September 15, 2017 1 min read

Range anxiety may reduce in Sri Lanka as Nissan turns new Leaf

On Wednesday, Japanese giant Nissan unveiled a new electric car with an extended range and semi-autonomous driving funct...

September 6, 2017 4 min read

Sri Lanka drives cattle off the road to tackle traffic

Sri Lanka today announced a crack down on cattle roaming the streets of Colombo and its suburbs in a bid to reduce traff...

August 31, 2017 1 min read

Sri Lanka private electric bus company mooted as commuters drop

Sri Lanka's private bus operator group is proposing to set up an electric city bus company on a key route in the capital...

August 26, 2017 3 min read

Sri Lanka to tighten controls on three wheel taxis, school vans

Sri Lanka's central government is to tighten controls on three wheeler taxis and schools vans operated by the community,...

August 24, 2017 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

Property development prospects in Sri Lanka railway upgrade

ECONOMYNEXT – Sri Lanka’s railway and urban development authorities are to work together to include proper...

August 17, 2017 1 min read

Professionals push connectivity, access in Sri Lanka rail electrification

ECONOMYNEXT – Sri Lankan transport professionals have praised a plan to electrify the railway but want more caref...

August 11, 2017 4 min read

Sri Lanka road crash study highlights need for tougher enforcement

ECONOMYNEXT – A study of road crashes on two Sri Lankan highways has called for tougher enforcement of the law si...

Rohan Gunasekera
July 28, 2017 2 min read

Sri Lankan road transport planners develop low cost traffic forecast

ECONOMYNEXT – Sri Lankan road transport planners have developed a new method to forecast future demand for road u...

July 20, 2017 2 min read

Sri Lanka Rajagiriya flyover work speeds up

ECONOMYNEXT – Work on a flyover meant to ease traffic jams on the most congested corridor to Sri Lanka’s c...

July 4, 2017 1 min read

Sri Lanka vehicle registrations weak, tipper truck imports up

ECONOMYNEXT - Sri Lanka's vehicle registrations recovered in May but remained weak compared with last year owing to high...

June 28, 2017 2 min read

Sri Lanka’s JKH develops online small business logistics service

ECONOMYNEXT – Sri Lanka’s John Keells Holdings group is developing an online service to help small busines...

June 12, 2017 2 min read

Sri Lanka’s Advantis sees good prospects in project logistics business

ECONOMYNEXT - Advantis Projects, a Sri Lankan project cargo handler that is part of the Hayleys group, says it sees good...

June 12, 2017 2 min read

Sri Lanka gets $318mn Indian loan to modernise railways

ECONOMYNEXT – Sri Lanka’s finance ministry Tuesday signed an agreement with India’s Export- Import ...

June 6, 2017 1 min read

Sri Lanka JKH group to set up centralised distribution center

ECONOMYNEXT – Sri Lanka’s John Keells Holdings group is setting up a centralised distribution center to se...

June 2, 2017 2 min read
1 12 13 14