Business
Rupee closes at 332.20/35 and the whole bond curve is marked up from a softer Wednesday close
The rupee weakened 30 cents on Thursday and five of six bond maturities rose — each measured from a close below Wednesday's mid-session quotes.
Business
2063 stories Business
SriLankan pushes its Saudi suspension to 1 November, the third date to slip
Colombo–Riyadh and Colombo–Dammam flights stay grounded for another week, taking the shutdown past three weeks on the day Dammam airport was attacked again.
Business
US ambassador urges Sri Lankan firms to invest in America, not just sell to it
Eric Meyer pointed businesses to the SelectUSA summit and named technology, energy, infrastructure and logistics as areas for deeper commercial ties.
Business
Vallibel One buys out its own subsidiary and chairman to reach 49.93% of Fortress Resorts
The listed parent acquired 34.7 million Fortress Resorts shares from Vallibel Leisure and Dhammika Perera, stopping just short of a half share of the company.
Business
ASPI closes under 20,000 for a third losing session — and settles a two-day argument over the SL20
The index shed 56.48 points to 19,927.30 on Wednesday. EconomyNext's own figures now confirm the Daily Mirror's disputed Tuesday close for the S&P SL20.
Business
Diamond Pasta opens what it says is Sri Lanka's first durum semolina mill
Diamond Pasta opens Sri Lanka's first durum semolina mill to reduce imported raw material dependence. Details on cost and capacity not announced.
Business
Minister tells Parliament there is no gas shortage. Five hours later Hiru reports one across the island
Anil Jayantha said supplies were delayed a day or two by the Middle East war. Hiru's filing that night says people report a shortage lasting several days.
Business
IRD presses 1.2 million taxpayers to file by 30 November — including those already taxed at source
The deadline for 2025/26 income tax returns is six weeks away. Anyone registered must file even with no taxable income or tax already deducted through PAYE.
Business
Earth falls onto the Kadigamuwa track a fourth time in 16 days, on a line reopened for 19
Fourth earth slip on Kadigamuwa track in 16 days. Failure rate exceeds one slip per five days since line reopened 19 days ago.
Business
National inflation holds at 8.1% in September, a 40-month high, as food and non-food move apart
The NCPI was unchanged for a second month at its highest since June 2023. Food inflation rose to 6.9% while non-food eased to 9.1%.
Business
NP Capital's website is offline, and the Daily Mirror says no one has explained why
The site linked to businessman Nimal Perera is inaccessible. The paper reports the outage and states plainly that no cause has been established.
Business
Resus Energy dual-lists its green bond in Luxembourg, where it will not trade
The renewable energy firm's green bond was admitted to the Luxembourg Green Exchange on 19 October, but trading and settlement stay on the CSE in rupees.
Business
Rupee eases to 331.87/95, and EconomyNext's own SL20 close is contradicted by its next filing
The rupee weakened 27 cents on Wednesday as dealers held a uniform 10 basis point spread across the bond curve ahead of a Rs 100bn bill auction.
Business
SJB MP tells Parliament the IMF is "like a loan shark"
Sujeewa Senasinghe said the lender is sometimes necessary but cares only about repayment, as the chamber took up a public debt resolution.
Business
Government tables Rs. 6 billion supplementary estimate alongside a state debt resolution
Government tables Rs. 6 billion supplementary estimate and State Debt Management resolution with MSME concessionary lending provisions.
Business
Debt office raises Rs 80.61bn of a Rs 100bn bill offer — and 87% of it matures in three months
Treasury auction raises Rs 80.61bn of Rs 100bn offer. Three-month bill oversubscribed; six-month undersubscribed.
Business
Vidullanka opens its largest solar plant at Ranna — a month after it began feeding the grid
Vidullanka opens 10MW Hambantota solar plant after grid connection on 23 Sept. 4.9MW battery planned; contract status unclear.
Business
Fitch recalibrates Sri Lanka's national rating scale after September sovereign upgrade
Fitch resets domestic rating scale to reflect sovereign upgrade to 'B-'. Sri Lankan issuers may see national ratings revised accordingly.
Business
Rs 4.99 trillion for 2027: why two readings disagree on whether capital spending rises or falls
CAL Research calls the 2027 estimates investment-led. EconomyNext read the same Bill as a 5.4% capex cut. The 2027 figures match — the 2026 base does not.
Business
Cabinet approves a credit risk method for the lenders the debt law leaves out
Cabinet approved a credit risk assessment method for financial institutions excluded from the Public Debt Management Act.
Business
ASPI gives up the 20,000 level, and the two filings disagree on where the S&P SL20 closed
The index fell 75.64 points to 19,983.78, losing 20,000 two sessions after reclaiming it. Daily Mirror and EconomyNext differ by 5.26 points on the SL20.
Business
Sri Lanka sets platform work priorities after ILO adopts first global standard
A tripartite workshop in Colombo named social security, employment status and evidence-building as priorities, following the adoption of Convention No. 193.
Business
Cabinet clears mandatory Sri Lanka Standards for imported tyres
Passenger car and three-wheeler tyres will have to meet SLS 1212 and SLS 1347. The regulations now go to Parliament for approval.
Business
Marikkar tables a coal loss document in Parliament and raises his own figure to Rs. 18.3 billion
The oversight committee chairman put the cost of substandard coal at Rs. 18.3 billion, about Rs. 335 million above the figure he gave Parliament on 8 October.