Sri Lanka rupee closes flat, stocks decline

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Sri Lanka rupee closed flat at 185.72/77 to US dollar in the spot market on Wednesday while bond yields were unchanged and...

Singapore, Sri Lanka affirm diplomatic ties with webinar on agri-businesses and digitalisation

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The COVID-19 pandemic will create opportunities for Singapore and Sri Lanka to deepen trade ties with agri-business and digitalisation singled out...

Sri Lanka rupee opens flat, stocks gain

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Sri Lanka rupee was quoted flat at 185.72/77 to US dollar in the spot market on Tuesday while bond yields were up...

Sierra Cables Plc wins Rs900mn deal from Sri Lanka power utility

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Sri Lanka’s Sierra Cables Plc has won a 900 million rupee deal to supply cable to state run Ceylon Electricity Board, the state information...

Central Bank clarifies its Repurchase Agreement with FED

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Sri Lanka’s Central Bank says that the statement found widely in media that they are pledging USD 4.5 billion worth of US...

Maharagama to be transformed into an international trade centre

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The government has planned to upgrade the facilities in the city of Mahargama in order to transform it into an international...

Vallibel Power enters into a Power Purchase Agreement with CEB

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Sri Lanka’s listed largest public-quoted mini hydropower company, Vallibel Power Erathna PLC, announced yesterday (22) that it has entered into a Power...

Sri Lanka stocks end three-day rally

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Sri Lanka stocks ended 0.1 percent lower on Tuesday, ending a three-day rally amid continued foreign selling and concerns over the novel...

Sri Lanka bank operating conditions weaken, sovereign risk limit ratings: Fitch

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The operating environment is continuing to weaken amid a Coronavirus pandemic and sovereign credit which had already been...

Sri Lanka to give same state guaranteed price for all types of paddy

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Sri Lanka will give the same guaranteed price of 50 rupees for all types of paddy, during the Yala 2020 minor cultivation...

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