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EconomyNext

EconomyNext•9h ago
Sri Lanka worker remittances up 5.6-pct to US$734.4mn in Sept 2026

Analysts predict Sri Lanka will see record high remittances this year

2 min2m
EconomyNext•1d ago
Sri Lanka delays key socio-economic report over data accuracy, compilation

Sri Lanka has been struggling to provide subsidies only for targeted vulnerable groups due to lack of accurate data

2 min2m
EconomyNext•1d ago
Sri Lanka rupee closes at 331.25/35 to US dollar spot, bond yields edge up

ECONOMYNEXT – Sri Lanka’s rupee closed at 331.25/35 to the US dollar in the spot market on Friday, weaker from 331.15/25 the previous day, while bond yields edged up, dealers said. A bond maturing on 01.08.2030 closed at 11.40/50 percent, up from 11.35/40 percent. A bond maturing on 15.10.2030 closed at 11.50/55 percent, up from […]

1 min1m
EconomyNext•1d ago•4 sources
Sri Lanka stocks close up 1.07-pct on Friday, turnover at Rs1.14bn

Positive contributors to the ASPI were Dialog Axiata, Ceylon Cold Stores, Distilleries, Hatton National Bank

1 min1m
EconomyNext•1d ago
Kurdistan delegation, Sri Lanka business body discuss expanding trade beyond tea

Discussions covered expanding trade beyond tea, Sri Lanka’s traditional export to Iraq, with potential in food and bever

1 min1m
EconomyNext•1d ago•2 sources
Sri Lanka’s Vidullanka secures $1.35mn mini hydro contract in Fiji

Vidullanka will execute the commissioning of a 100-kilowatt (kW) mini hydro facility located at Buca Village in Fiji

1 min1m
EconomyNext•1d ago•10 sources
US grants $17mn to modernise Colombo port digital systems

US Ambassador to Sri Lanka Eric Stern Meyer announced the grant during a visit to the Colombo port, following discussion

1 min1m
EconomyNext•1d ago
Sri Lanka’s Amana Takaful adds claim tracking, document submission on app

Customers can digitally submit the documents required to support the settlement of their claims.

1 min1m
EconomyNext•1d ago
Ajith Medis to head Sri Lanka’s SMB Finance

Professor Ajith Medis has extensive experience in academia, financial services, business strategy, and management.

1 min1m
EconomyNext•1d ago•4 sources
Sri Lanka stocks trend up, ASPI gains 0.60-pct

Positive contributors to the ASPI were Dialog Axiata, Commercial Bank, Sri Lanka Telecom, and Sampath Bank

1 min1m
EconomyNext•1d ago•4 sources
Sri Lanka rupee at 331.15/25 to US dollar spot, bond yields steady

Stocks opened up

1 min1m
EconomyNext•2d ago•5 sources
Sri Lanka services expands at slower rate in September 2026: PMI

Reflecting improvements across several sub-sectors, led by financial services, with notable contributions from education

1 min1m
EconomyNext•2d ago•5 sources
Sri Lanka manufacturing PMI steady at 53.0 in September, growth continues

Manufacturing activities continued to expand at a similar pace during the month,”

1 min1m
EconomyNext•2d ago•4 sources
Sri Lanka rupee closes at 331.15/25 to US dollar spot, bond yields steady

Bond yields were broadly steady

1 min1m
EconomyNext•2d ago•7 sources
Sri Lanka’s Sampath Bank to raise Rs10bn in debenture sale

5-year (12.80%) and 7-year (13.00%) instruments will be offered at 100 rupees each.

1 min1m
EconomyNext•2d ago•4 sources
Sri Lanka sells extra Rs7.2bn Treasury bills after auction

Bringing the total of bills sold in the week to 73.332 billion rupees; less than the offered 90bn.

1 min1m
EconomyNext•2d ago•4 sources
Sri Lanka stocks close up 0.88-pct; Carson Cumberbatch, DCSL gain

Positive contributors to the ASPI were Carson Cumberbatch, Distilleries, Commercial Bank, LOLC Holdings, and LOLC

1 min1m
EconomyNext•2d ago•2 sources
Sri Lanka’s Siyapatha Finance to appoint Rushanka Silva as chairman

Deshal de Mel to become Senior Independent Director (Senior Director) with effect from October 30

1 min1m
EconomyNext•2d ago•2 sources
Sri Lanka’s Commercial Credit obtains Rs1bn loan to boost capital

Unsecured subordinated redeemable five (5) year loan facility

1 min1m
EconomyNext•2d ago
Hospital, casino drop out of Sri Lanka Port City as $1.12bn secured

Out of ten earlier projects, five had withdrawn while five remained operational.

2 min2m