EconomyNext Sri Lanka Profile
EconomyNext Sri Lanka

@economynext

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Sri Lanka news, Sri Lanka economy, 24 hour breaking news, Sri Lanka politics, business, rupee. Daily newsletter: https://t.co/2pK5XAidFW

Joined November 2014
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@economynext
EconomyNext Sri Lanka
3 days
Sri Lanka was facing new challenges in combatting drugs entering the island through e-commerce platforms and from visitors arriving from Thailand, Director of Customs Chandana Punchihewa said. https://t.co/qcgX4HxUWs
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Sri Lanka was facing new challenges in combatting drugs entering the island through e-commerce platforms and from visitors arriving from Thailand, Director of Customs Chandana Punchihewa said.
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@economynext
EconomyNext Sri Lanka
3 days
Sri Lanka’s services exports in February 2026 are estimated to have increased by 14.68 percent to 334.9 million dollars, the island’s Export Development Board said. https://t.co/lTyve3AwaG
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economynext.com
Sri Lanka’s services exports in February 2026 are estimated to have increased by 14.68 percent to 334.9 million dollars, the island’s Export Development Board said.
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@economynext
EconomyNext Sri Lanka
3 days
Imposing external controls is not the right way to tackle any fallouts from Middle East conflict on Sri Lanka, Central Bank Governor Nandalal Weerasinghe said, with the government taking action to raise fuel prices to balance external and domestic demand. https://t.co/URgp6MOkO3
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Imposing external controls is not the right way to tackle any fallouts from Middle East conflict on Sri Lanka, Central Bank Governor Nandalal Weerasinghe said, with the government taking action to...
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@economynext
EconomyNext Sri Lanka
3 days
Sri Lanka’s rupee was quoted at 313.90/314.25 to the US dollar in the spot market Thursday, depreciating from 313.80/314.50 the previous day, dealers said, while bond yields opened up. https://t.co/cFn8TaKHwA
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Sri Lanka’s rupee was quoted at 313.90/314.25 to the US dollar in the spot market Thursday, depreciating from 313.80/314.50 the previous day, dealers said, while bond yields opened up.
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@economynext
EconomyNext Sri Lanka
3 days
Sri Lanka’s merchandise exports rose 1.32 percent to 1,066.88 million dollars in February 2026 from a year ago, helped by coconut, processed foods, and electrical items, while tea, rubber and apparel exports fell, data from the export promotion office showed.
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Sri Lanka’s merchandise exports rose 1.32 percent to 1,066.88 million dollars in February 2026 from a year ago, helped by coconut, processed foods, and electrical items, while tea, rubber and apparel...
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@economynext
EconomyNext Sri Lanka
3 days
The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) hosted a forum for state-owned-enterprises (SOEs) as part of a broader initiative to engage and encourage SOEs to use the capital market as a source of funding to catalyse mid-to-long
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The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) hosted a forum themed “Defining the Future of State-Owned Enterprises through Capital Market Integrati...
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@economynext
EconomyNext Sri Lanka
3 days
Sri Lanka’s Treasury bill yields rose across maturities at Wednesday’s auction, data from the Public Debt Management Office showed, with 39.94 billion rupees sold of an offered 80 billion. https://t.co/yY2iyuNVZv
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Sri Lanka’s Treasury bill yields rose across maturities at Wednesday’s auction, data from the Public Debt Management Office showed, with 39.94 billion rupees sold of an offered 80 billion.
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@economynext
EconomyNext Sri Lanka
3 days
Sri Lankan companies need to look beyond domestic markets for growth, and need to have a deep understanding of tax and regulatory framework to ensure success in foreign markets, Deloitte Sri Lanka has said. https://t.co/2zqdyYphmf
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Sri Lankan companies need to look beyond domestic markets for growth, and need to have a deep understanding of tax and regulatory framework to ensure success in foreign markets, Deloitte Sri Lanka...
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@economynext
EconomyNext Sri Lanka
3 days
There could be significant changes to the conditions with regard to Sri Lanka’s reform programme with the International Monetary Fund (IMF) during the upcoming review due to the external shocks from the escalation in the Middle East, Central Bank Governor Nandalal Weerasinghe
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@economynext
EconomyNext Sri Lanka
3 days
Sri Lanka’s Central Bank will intervene in the foreign exchange market to ease day-to-day volatility but will stick to the flexible exchange rate as per the current inflation-targeting monetary policy framework, Governor Nandalal Weerasinghe said. https://t.co/dHIb4R7Bw8
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@economynext
EconomyNext Sri Lanka
5 days
Sri Lanka is asking residents in the island to cut down on electricity usage during night peak hours from 6pm to 10pm daily, by avoiding charging electric vehicles, washing or ironing clothes, and by switching off fridges for a couple of hours. https://t.co/QVO6sgHpiU
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Sri Lanka is asking residents in the island to cut down on electricity usage during night peak hours from 6pm to 10pm daily, by avoiding charging electric vehicles, washing or ironing clothes, and by...
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@economynext
EconomyNext Sri Lanka
5 days
Sri Lanka’s Cabinet has approved a proposal to award a 2,162.64 million rupee (excluding tax) contract to MAGA Engineering (Pvt) Ltd to improve passenger facilities at the Fort Railway Station, minister Nalinda Jayatissa said. https://t.co/MKOyeoLw3o
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Sri Lanka's Cabinet has approved a proposal to award a 2,162.64 million rupee (excluding tax) contract to MAGA Engineering (Pvt) Ltd to improve passenger facilities at the Fort Railway Station,...
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@economynext
EconomyNext Sri Lanka
5 days
LankaPay, Sri Lanka’s national payment network, has integrated with Weixin Pay (WeChat Pay), allowing Chinese tourists to make payments at over 400,000 merchants across the island using their local digital wallets. https://t.co/1xOo3sSkid
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LankaPay, Sri Lanka’s national payment network, has integrated with Weixin Pay (WeChat Pay), allowing Chinese tourists to make payments at over 400,000 merchants across the island using their local...
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@economynext
EconomyNext Sri Lanka
5 days
Sri Lanka’s cabinet has approved the setting up of yet another committee, this time for the development of the energy economy as there has been a slowdown in investment in that sector, minister Nalinda Jayatissa said. https://t.co/WRiCEaa0rR
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Sri Lanka's cabinet has approved the setting up of yet another committee, this time for the development of the energy economy as there has been a slowdown in investment in that sector, minister...
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@economynext
EconomyNext Sri Lanka
6 days
According to the revision, the minimum bus fare has been increased from 27 rupees to 30, while the maximum fare has risen from 2,159 rupees to 2,422. https://t.co/8IIs2SZMG6
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Sri Lanka state run and private bus fares will go up by an average of 12.19 percent after the latest hike in fuel prices from midnight March 24, minister Nalinda Jayatissa said.
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@economynext
EconomyNext Sri Lanka
6 days
Sri Lanka has recorded primary surpluses above International Monetary Fund targets, after steep rises in tax rates, despite large state salary hikes and welfare payments, with low inflation amid (largely) deflationary policy that kept inflation below the central bank’s target.
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economynext.com
Sri Lanka has recorded primary surpluses above International Monetary Fund targets, after steep rises in tax rates, despite large state salary hikes and welfare payments, with low inflation amid...
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@economynext
EconomyNext Sri Lanka
6 days
Sri Lanka extended an official invitation to Iranian ships, including the ill-fated IRIS Dena which was sunk by a US submarine torpedo without any warning, Iran’s Ambassador to Colombo said. https://t.co/cAOnvr6212
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Sri Lanka extended an official invitation to Iranian ships, including the ill-fated IRIS Dena which was sunk by a US submarine torpedo without any warning, Iran's Ambassador to Colombo said.
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@economynext
EconomyNext Sri Lanka
6 days
Sri Lanka’s rupee closed at 313.00/314.00 to the US dollar in the spot market Monday, depreciating further from 311.80/312.00 on Friday, dealers said, while bond yields recovered on signs of de-escalation as US President Doland Trump said he was suspending Iran power plant
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economynext.com
Sri Lanka’s rupee closed at 313.00/314.00 to the US dollar in the spot market Monday, depreciating further from 311.80/312.00 on Friday, dealers said, while bond yields recovered on signs of de-esc...
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@economynext
EconomyNext Sri Lanka
6 days
Tehran is ready to provide fuel and other necessary goods to Sri Lanka if it requests them, the Iranian Ambassador to Sri Lanka said, as the island nation grapples with fuel shortages and expensive essential goods. https://t.co/DWGT09q7vm
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EconomyNext Sri Lanka
6 days
“With this latest award, WindForce’s cumulative portfolio under the national BESS procurement program increases to 13 standalone BESS projects.” https://t.co/mDOT4AxzBR
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WindForce PLC has been awarded a contract to build a standalone Battery Energy Storage System (BESS) project in Panadura, with a capacity of 10 MW/40 MWh, at a cost of 1.73 billion rupees.
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