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WEBSri Lanka rupee trades flat at 300.30/60 to US dollar, bond yields down. Bonds down further, stocks up. 1 min read. Load More. Sri Lanka news, Sri Lanka economy, Sri Lanka business news, Sri Lanka politics, Sri Lanka economic data, Sri Lanka rupee, Sri Lanka stock market from EconomyNext.com.
Economy | EconomyNext
WEB2 days ago · Sri Lanka says bondholders have made further interest cuts, NPV benefit 33-pct. Sri Lanka's primary dealers are making excessive use of the central bank's standing facilities to fund their government securities portfolios though they have been cut off from liquidity auctions, an International Monetary Fund report said.
Sri Lanka goods exports up 6.58-pct in July, services up 16.44-pct
WEBAug 24, 2024 · ECONOMYNEXT – Sri Lanka’s merchandise exports rose 6.58 percent from a year ago to 1,087.6 million US dollars in July, with apparel exports up 3.8 percent, with a pick up in exports to the US, official data showed. In January to July good exports went up 4.94 percent to 7,231.94 million dollars compared to the same period in 2023, the ...
Markets - EconomyNext
WEB5 days ago · Sri Lanka rupee opens weaker at 304.25/50, bond yields up. Bond yields were up, while stocks opened up 0.32 percent higher. Sri Lanka’s rupee appreciated further to close at 298.70/299.00 to the US dollar Friday, from 299.90/300.10 a day earlier, while bond yields were also down.
Sri Lanka Cabinet approves public sector wage hike ahead of polls
WEBThursday August 22, 2024 5:32 pm. ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers approved a public sector salary hike in line with an expert panel recommendation for all public servants from January 2025, President Ranil Wickremesinghe’s office said. The move, however, comes a month ahead of the presidential poll in which President ...
Sri Lanka delays Hilton building sale until after the elections
WEBAug 24, 2024 · ECONOMYNEXT – Sri Lanka has halted the sale of Hotel Developers (Lanka) Ltd, a state-run. company that owns the building housing Colombo Hilton, until elections are completed, the Finance Ministry said. The Finance Ministry statement said several social and mainstream media reports relating …
SJB says income tax cut for Sri Lanka middle class, 36
WEBThursday August 29, 2024 3:30 pm. ECONOMYNEXT – Sri Lanka’s Samagi Jana Balawegaya stands for a lower income tax rates for middle class wage earners but the top rate of 36 percent would stay, legislator Harsha de Silva said. The current threshold is 100,000 rupees a month or about 300 dollars after …
Sri Lanka updates diplomats on current developments
WEBSaturday August 24, 2024 6:54 pm. ECONOMYNEXT – Sri Lanka’s Foreign Minister Ali Sabry, who is now also the Justice Minister has updated Colombo-based diplomats on the efforts towards reconciliation, domestic mechanism, legal reforms. Central Bank Governor Nandalal Weerasinghe has also update them on the economic developments.
Sri Lanka insurance can help in economic recovery: CB Governor
WEBTuesday August 20, 2024 3:39 pm. ECONOMYNEXT – Sri Lanka’s insurance sector can play a role in the country’s economic recovery, by helping mobilize long term funds and also providing to the needs of an ageing population, Central Bank Governor Nandalal Weerasinghe said. Agriculture was another area that insurance could play a greater role.
More News - EconomyNext
WEBSri Lanka's top energy expert Tilak Siyambalapitiya appointed as CEB chairman. CEB has been running at a loss until price adjustments done in 2022 based on market values. September 26, 2024 1 min read. Stocks & Companies.