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1
Sri Lanka budget tax revenues up 56-pct, deficit up on interest in Nov 23
1/29/2024
Economy
Interest costs which were Rs1,772bn up to October surged to Rs2,351bn by November 2023
Sri Lanka budget tax revenues up 56-pct, deficit up on interest in Nov 23 Interest costs which were Rs1,772bn up to October surged to Rs2,351bn by November 2023
negative
-1
Sri Lanka cabinet clears CEB re-structure proposal: Minister
11/29/2022
Energy
Electricity Reforms Bill will be drafted within a month
Sri Lanka cabinet clears CEB re-structure proposal: Minister Electricity Reforms Bill will be drafted within a month
negative
-1
Sri Lanka mulls award of tourism promotion campaign to J Walter Thompson
7/31/2019
Business
- Sri Lanka's cabinet of ministers had take up the award of an emergency recovery promotional campaign by passing standa...
Sri Lanka mulls award of tourism promotion campaign to J Walter Thompson - Sri Lanka's cabinet of ministers had take up the award of an emergency recovery promotional campaign by passing standa...
negative
-1
Sri Lanka to introduce voucher system for school uniforms from 2024
8/23/2022
Education
The voucher system was introduced in 2015 by the Yahapalana government.
Sri Lanka to introduce voucher system for school uniforms from 2024 The voucher system was introduced in 2015 by the Yahapalana government.
positive
1
Sri Lanka infotech, mobile telephony in a fix after import ban
8/30/2022
Economy
IT industry also hit from ban on computer items
Sri Lanka infotech, mobile telephony in a fix after import ban IT industry also hit from ban on computer items
negative
-1
Sri Lanka's Mattala airport management to private investor
12/8/2023
Aviation
Sri Lanka will soon award the management of Mattala International Airport to a private investor on a 30-year contract
Sri Lanka's Mattala airport management to private investor Sri Lanka will soon award the management of Mattala International Airport to a private investor on a 30-year contract
positive
1
Sri Lanka rupee closed weak, gilt yields down
10/14/2020
Bonds & Forex
Sri Lanka rupee ends weaker at 184.75/90 to the US dollar on Wednesday while bond yields eased, dealers said.
Sri Lanka rupee closed weak, gilt yields down Sri Lanka rupee ends weaker at 184.75/90 to the US dollar on Wednesday while bond yields eased, dealers said.
negative
-1
Sri Lanka gets US150mn from ADB for rural roads
11/14/2019
Economy
Sri Lanka has is getting 150 million US dollars from the Asian Development Bank as part of an overall program to upgrade...
Sri Lanka gets US150mn from ADB for rural roads Sri Lanka has is getting 150 million US dollars from the Asian Development Bank as part of an overall program to upgrade...
negative
-1
Sri Lanka relaxes quarantine rules for vaccinated arrivals
3/18/2021
Health
Arrivals to Sri Lanka who have received both doses of any COVID-19 vaccine now have to spend only one day in quarantine ...
Sri Lanka relaxes quarantine rules for vaccinated arrivals Arrivals to Sri Lanka who have received both doses of any COVID-19 vaccine now have to spend only one day in quarantine ...
negative
-1
Sri Lanka rupee opens weaker, gilt yields flat
10/10/2019
Bonds & Forex
Sri Lanka’s rupee opened weaker at 180.55/65 to the US dollar on Thursday, while bond yields were flat and stocks open...
Sri Lanka rupee opens weaker, gilt yields flat Sri Lanka’s rupee opened weaker at 180.55/65 to the US dollar on Thursday, while bond yields were flat and stocks open...
negative
-1
Sri Lanka owes India US$1.4bn in ACU payments, deferments expected: Finance Minister
4/22/2022
Economy
There is an official assurance that they can be deferred every two months
Sri Lanka owes India US$1.4bn in ACU payments, deferments expected: Finance Minister There is an official assurance that they can be deferred every two months
positive
1
Sri Lanka stocks close up, turnover tops 1bn
1/30/2024
Stocks & Companies
Turnover topped 1 billion. Trades in Sampath Bank Plc (198mn) and Dialog Axiata Plc (158mn) contributed
Sri Lanka stocks close up, turnover tops 1bn Turnover topped 1 billion. Trades in Sampath Bank Plc (198mn) and Dialog Axiata Plc (158mn) contributed
positive
1
Sri Lanka removes limit on unvaccinated inbound passengers; duty free open for vaxxed
10/7/2021
Tourism
However, unvaccinated passengers must still undergo a 14-day quarantine.
Sri Lanka removes limit on unvaccinated inbound passengers; duty free open for vaxxed However, unvaccinated passengers must still undergo a 14-day quarantine.
negative
-1
Sri Lanka Ports Authority to call international tender to buy tug
10/11/2022
Logistics
Port activity is increasing
Sri Lanka Ports Authority to call international tender to buy tug Port activity is increasing
positive
1
Sri Lanka bans non-medical cotton buds, other single-use plastic products
3/31/2021
Environment
Non-medical cotton buds and lunch sheets less than 20 microns thin are among five types of plastic and polythene related...
Sri Lanka bans non-medical cotton buds, other single-use plastic products Non-medical cotton buds and lunch sheets less than 20 microns thin are among five types of plastic and polythene related...
negative
-1
Sri Lanka seeks parliament nod for Sept-Dec 2020 vote-on-account
8/23/2020
Economy
Sri Lanka has submitted a draft vote-on-account or mini budget to parliament seeking approval to spend 949.76 billion ru...
Sri Lanka seeks parliament nod for Sept-Dec 2020 vote-on-account Sri Lanka has submitted a draft vote-on-account or mini budget to parliament seeking approval to spend 949.76 billion ru...
negative
-1
Sri Lanka rupee closes weaker at 298.00/50 to US dollar
5/6/2024
Bonds & Forex
Bond yields were down, dealers said.
Sri Lanka rupee closes weaker at 298.00/50 to US dollar Bond yields were down, dealers said.
negative
-1
Tax hikes could force Sri Lanka exporters shift to other countries - exporters
11/26/2022
Agriculture
New tax hikes will be effective from December 1
Tax hikes could force Sri Lanka exporters shift to other countries - exporters New tax hikes will be effective from December 1
negative
-1
Sri Lanka rupee quoted wider around 195.00/197.50 levels to the US dollar
2/16/2021
Bonds & Forex
Sri Lanka rupee quoted wider around 195.00/197.50 levels to the US dollar in the spot market on Tuesday, while bond yiel...
Sri Lanka rupee quoted wider around 195.00/197.50 levels to the US dollar Sri Lanka rupee quoted wider around 195.00/197.50 levels to the US dollar in the spot market on Tuesday, while bond yiel...
negative
-1
Sri Lanka stocks suffer worst loss since October 2020 as margin calls, economic woes bite
2/21/2022
Markets
ASPI slipped 4.47 percent
Sri Lanka stocks suffer worst loss since October 2020 as margin calls, economic woes bite ASPI slipped 4.47 percent
negative
-1
Sri Lanka cigarette sales recovering fast from 38-pct plunge in Coronavirus lockdown
8/16/2020
General Industry
Ceylon Tobbacco Plc, a unit British American Tobacco that that has a monopoly in cigarette production said volumes fell ...
Sri Lanka cigarette sales recovering fast from 38-pct plunge in Coronavirus lockdown Ceylon Tobbacco Plc, a unit British American Tobacco that that has a monopoly in cigarette production said volumes fell ...
negative
-1
Sri Lankan stocks, bond yields rise
1/25/2019
Markets
ECONOMYNEXT – Sri Lankan stocks closed higher Friday with foreign buying in Vallibel Finance and selling in John ...
Sri Lankan stocks, bond yields rise ECONOMYNEXT – Sri Lankan stocks closed higher Friday with foreign buying in Vallibel Finance and selling in John ...
positive
1
Sri Lanka over the worst, but system change needed: President
1/1/2023
Economy
Yet I believe that we have already gone through the worst of these times
Sri Lanka over the worst, but system change needed: President Yet I believe that we have already gone through the worst of these times
negative
-1
Teejay Lanka to up revenues to US$300mn with productivity driven capacity boost
9/2/2019
Apparel
Teeja Lanka Plc, a apparel maker which has operations in Sri Lanka and India is planning to grow revenues 50 percent in ...
Teejay Lanka to up revenues to US$300mn with productivity driven capacity boost Teeja Lanka Plc, a apparel maker which has operations in Sri Lanka and India is planning to grow revenues 50 percent in ...
positive
1
Sri Lanka’s rupee opens weaker, stocks up 0.23-pct
6/7/2019
Bonds & Forex
ECONOMYNEXT - Sri Lanka’s rupee opened weaker at 176.40/50 on Friday, while bonds yields were steady and stocks o...
Sri Lanka’s rupee opens weaker, stocks up 0.23-pct ECONOMYNEXT - Sri Lanka’s rupee opened weaker at 176.40/50 on Friday, while bonds yields were steady and stocks o...
negative
-1
Dilhara Lokuhettige charged by ICC
4/4/2019
Sports
Lokuhettige has 14 days from 3 april 2019 to respond to new charges
Dilhara Lokuhettige charged by ICC Lokuhettige has 14 days from 3 april 2019 to respond to new charges
negative
-1
Sri Lanka slaps country-wide travel ban to contain coronavirus surge
5/12/2021
Health
Govt. stops dithering and takes action to contain the fast-spreading Covid-19 wave; total deaths reach 850
Sri Lanka slaps country-wide travel ban to contain coronavirus surge Govt. stops dithering and takes action to contain the fast-spreading Covid-19 wave; total deaths reach 850
negative
-1
Relocate female prison wards to separate premises: Sri Lanka opposition MP
10/19/2022
Human Rights
"Though a female ward exists, it should be relocated to some other region. This would be good for everybody."
Relocate female prison wards to separate premises: Sri Lanka opposition MP "Though a female ward exists, it should be relocated to some other region. This would be good for everybody."
negative
-1
Mahinda as Sri Lanka PM, 15-member interim cabinet
11/21/2019
Political News
President Gotabaya Rajapaksa's brother Mahinda Rajapaksa would be sworn in as Prime Minister later Thursday and a 15 mem...
Mahinda as Sri Lanka PM, 15-member interim cabinet President Gotabaya Rajapaksa's brother Mahinda Rajapaksa would be sworn in as Prime Minister later Thursday and a 15 mem...
positive
1
Sri Lankan migrant workers for Japan civil aviation sector
12/8/2023
Aviation
Sri Lankans to work in Japan's Civil Aviation sector, Minister of Labour and Foreign Employment said
Sri Lankan migrant workers for Japan civil aviation sector Sri Lankans to work in Japan's Civil Aviation sector, Minister of Labour and Foreign Employment said
positive
1
Sri Lanka, Qatar central bank governors meet
1/6/2022
Economy
Says "excellent discussion on the way forward"
Sri Lanka, Qatar central bank governors meet Says "excellent discussion on the way forward"
positive
1
Social media block, data rivalry cuts Sri Lanka's Dialog Axiata June quarter profit
8/8/2019
ICT
June quarter net profit at Sri Lanka's Dialog Axiata fell 29 percent to almost two billion rupees from a year ago as sal...
Social media block, data rivalry cuts Sri Lanka's Dialog Axiata June quarter profit June quarter net profit at Sri Lanka's Dialog Axiata fell 29 percent to almost two billion rupees from a year ago as sal...
negative
-1
Sri Lanka party leaders convened to decide parliament sittings amid COVID spike
8/13/2021
Health
“Sittings are most likely to be limited because of the pandemic situation,” the official said.
Sri Lanka party leaders convened to decide parliament sittings amid COVID spike “Sittings are most likely to be limited because of the pandemic situation,” the official said.
negative
-1
Sri Lanka bond market quiet ahead of holiday season
12/22/2022
Bonds & Forex
Central bank's guidance peg for interbank transactions was at 363.16 rupees
Sri Lanka bond market quiet ahead of holiday season Central bank's guidance peg for interbank transactions was at 363.16 rupees
negative
-1
Sri Lanka police probing death of Dinesh Schaffter
12/16/2022
Legal
Borella police and CID investigating
Sri Lanka police probing death of Dinesh Schaffter Borella police and CID investigating
negative
-1
No more coronavirus patients here – Chief Epidemiologist
2/11/2020
Health
Media reports claiming that another patient infected with Novel coronavirus (2019-nCoV) has been found in Sri Lanka are ...
No more coronavirus patients here – Chief Epidemiologist Media reports claiming that another patient infected with Novel coronavirus (2019-nCoV) has been found in Sri Lanka are ...
negative
-1
SJB to launch a protest campaign against the government
3/16/2021
Politics
The main opposition Samagi Jana Balavegaya held its first-anniversary rally in Colombo yesterday pledging to launch coun...
SJB to launch a protest campaign against the government The main opposition Samagi Jana Balavegaya held its first-anniversary rally in Colombo yesterday pledging to launch coun...
negative
-1
Sri Lanka stock trading halted after 5-pct drop
4/1/2022
Markets
Stocks have been falling as forex shortages worsened from a soft-peg
Sri Lanka stock trading halted after 5-pct drop Stocks have been falling as forex shortages worsened from a soft-peg
negative
-1
Sri Lanka coconut prices up at online auction
5/19/2020
Agriculture
Sri Lanka’s average coconut prices grew to 6.5 percent to 47,098 rupees for a 1000 nuts from 44,241 rupees a week earl...
Sri Lanka coconut prices up at online auction Sri Lanka’s average coconut prices grew to 6.5 percent to 47,098 rupees for a 1000 nuts from 44,241 rupees a week earl...
negative
-1
UNP elephant symbol dispute: Sajith faction cries foul
2/12/2020
Politics
A faction of the main opposition UNP is attempting to use Opposition Leader Sajith Premadasa’s popularity with no inte...
UNP elephant symbol dispute: Sajith faction cries foul A faction of the main opposition UNP is attempting to use Opposition Leader Sajith Premadasa’s popularity with no inte...
negative
-1
Sri Lanka's JKH starts building US$14mn logistics park
3/1/2019
Logistics
Sri Lanka's John Keells Holdings has started building a 14 million US dollar logistics park which will provide services ...
Sri Lanka's JKH starts building US$14mn logistics park Sri Lanka's John Keells Holdings has started building a 14 million US dollar logistics park which will provide services ...
positive
1
Heavy rains expected in Galle, Matara and Kalutara districts
8/6/2020
weather
Department of Meteorology states that heavy rainfall above 100 mm is likely to be expected at some places in Sabaragamuw...
Heavy rains expected in Galle, Matara and Kalutara districts Department of Meteorology states that heavy rainfall above 100 mm is likely to be expected at some places in Sabaragamuw...
negative
-1
AG clears the arrest of Judge Pilapitiya
1/24/2020
Legal
The Attorney General Dappula de Livera has cleared the way for the police to arrest Judge Gehan Pilapitiya for allegedly...
AG clears the arrest of Judge Pilapitiya The Attorney General Dappula de Livera has cleared the way for the police to arrest Judge Gehan Pilapitiya for allegedly...
negative
-1
Growing taste for Sri Lankan tea among Chinese youth triggers export boom
5/21/2019
Slideshows
ECONOMYNEXT- Chinese youth are acquiring a taste for Sri Lanka’s black tea, with shipments to China, mainly a gre...
Growing taste for Sri Lankan tea among Chinese youth triggers export boom ECONOMYNEXT- Chinese youth are acquiring a taste for Sri Lanka’s black tea, with shipments to China, mainly a gre...
positive
1
Sri Lanka's Softlogic makes loss in Dec quarter, expands supermarkets chain
2/20/2019
Markets
ECONOMYNEXT - Sri Lanka’s diversified Softlogic Holdings group made a big loss in the December 2018 quarter but r...
Sri Lanka's Softlogic makes loss in Dec quarter, expands supermarkets chain ECONOMYNEXT - Sri Lanka’s diversified Softlogic Holdings group made a big loss in the December 2018 quarter but r...
negative
-1
Sri Lanka govt depts getting foreign grants without telling Treasury: Auditor General
6/20/2019
Economy
Several government departments had flouted rules to get hundreds of millions of rupees worth foreign grants without tell...
Sri Lanka govt depts getting foreign grants without telling Treasury: Auditor General Several government departments had flouted rules to get hundreds of millions of rupees worth foreign grants without tell...
negative
-1
Sri Lanka rupee closes at 319.50/320.00 to the US dollar
9/1/2023
Markets
Sri Lanka’s rupee closed at 319.50/320.00 to the US dollar on Friday after closing at 319.50/320.50 on Thursday
Sri Lanka rupee closes at 319.50/320.00 to the US dollar Sri Lanka’s rupee closed at 319.50/320.00 to the US dollar on Friday after closing at 319.50/320.50 on Thursday
negative
-1
Sri Lanka hikes fuel prices after VAT
1/1/2024
Energy
Kerosene was cut 11 rupees to 236 rupees a litre
Sri Lanka hikes fuel prices after VAT Kerosene was cut 11 rupees to 236 rupees a litre
negative
-1
Sri Lanka's Treasuries yields plunge after SRR halved
6/17/2020
Bonds & Forex
Sri Lanka's Treasury bill yields plunged across maturities after statutory reserve ratio was halved to 2 percent from 4 ...
Sri Lanka's Treasuries yields plunge after SRR halved Sri Lanka's Treasury bill yields plunged across maturities after statutory reserve ratio was halved to 2 percent from 4 ...
negative
-1
Sri Lanka tea prices ease down in May
5/25/2020
Business
Sri Lanka's tea prices continued to ease at auction from April high in the second auction in May though ex-estate tea pr...
Sri Lanka tea prices ease down in May Sri Lanka's tea prices continued to ease at auction from April high in the second auction in May though ex-estate tea pr...
negative
-1
Sri Lanka scraps licences for transport of sand, clay and gravel
12/5/2019
Business
Sri Lanka has removed the requirement of a permit for transporting sand, clay and gravel, the cabinet office said.
Sri Lanka scraps licences for transport of sand, clay and gravel Sri Lanka has removed the requirement of a permit for transporting sand, clay and gravel, the cabinet office said.
negative
-1
Sri Lanka export firms to run during curfew, helpdesk set up
10/29/2020
Business
Export firms will continue to operate during curfews and a help desk has been set up to support companies, Sri Lanka's E...
Sri Lanka export firms to run during curfew, helpdesk set up Export firms will continue to operate during curfews and a help desk has been set up to support companies, Sri Lanka's E...
positive
1
Sri Lanka to clear barriers to yacht-based tourism
1/14/2024
Business
Sri Lanka wants to promote a range of marine linked tourism activitie
Sri Lanka to clear barriers to yacht-based tourism Sri Lanka wants to promote a range of marine linked tourism activitie
positive
1
Sri Lanka rupee quoted steady at 199.50/200 to the one week US dollar
3/26/2021
Bonds & Forex
Sri Lanka’s rupee quoted steady at 199.50/200 to the one week US dollar on Friday while yields remained unchanged in d...
Sri Lanka rupee quoted steady at 199.50/200 to the one week US dollar Sri Lanka’s rupee quoted steady at 199.50/200 to the one week US dollar on Friday while yields remained unchanged in d...
negative
-1
Sri Lanka rupee closes weaker at 322/325 to dollar, bonds and t-bills steady
3/27/2023
Uncategorized
"All markets were dull during the day," dealers said.
Sri Lanka rupee closes weaker at 322/325 to dollar, bonds and t-bills steady "All markets were dull during the day," dealers said.
negative
-1
Super cyclone leaves trail of destruction in Bangladesh, India
5/21/2020
International news
The most powerful cyclone to hit Bangladesh and eastern India in more than 20 years tore down homes, carried cars down f...
Super cyclone leaves trail of destruction in Bangladesh, India The most powerful cyclone to hit Bangladesh and eastern India in more than 20 years tore down homes, carried cars down f...
negative
-1
Sri Lanka’s JKH group March net profit down 68-pct
5/24/2019
Markets
ECONOMYNEXT – Sri Lanka’s John Keells Holdings group net profit fell 68 percent to 3.2 billion rupees in t...
Sri Lanka’s JKH group March net profit down 68-pct ECONOMYNEXT – Sri Lanka’s John Keells Holdings group net profit fell 68 percent to 3.2 billion rupees in t...
negative
-1
Nathaniel Rothschild visits Sri Lanka Port City
1/15/2021
Business
Nathaniel Rothschild, a member of a Europe-based investment banking family, had visited Sri Lanka's Port City as part o...
Nathaniel Rothschild visits Sri Lanka Port City Nathaniel Rothschild, a member of a Europe-based investment banking family, had visited Sri Lanka's Port City as part o...
positive
1
Chandrika gets top award
6/18/2019
Politics
Former President Chandrika Bandaranaike Kumaratunge will receive this year’s Common Ground Award given by the United K...
Chandrika gets top award Former President Chandrika Bandaranaike Kumaratunge will receive this year’s Common Ground Award given by the United K...
positive
1
Sri Lanka debt to GDP ratio down to 106-pct of GDP in June 2023 - Corrected
9/18/2023
Economy
The exchange rate has depreciated somewhat since June
Sri Lanka debt to GDP ratio down to 106-pct of GDP in June 2023 - Corrected The exchange rate has depreciated somewhat since June
negative
-1
Sri Lanka gets bids from UK, UAE, South East Asia to develop gas field
8/27/2019
Energy
Sri Lanka has received bids from a consortium of 'medium sized' oil companies in the UK, United Arab Emirates and South ...
Sri Lanka gets bids from UK, UAE, South East Asia to develop gas field Sri Lanka has received bids from a consortium of 'medium sized' oil companies in the UK, United Arab Emirates and South ...
positive
1
Sri Lanka hotels winter bookings picking up: CB Governor
7/18/2019
Business
Sri Lanka's central bank said that winter bookings at Sri Lankan hotels are picking up, after the initial setback due to...
Sri Lanka hotels winter bookings picking up: CB Governor Sri Lanka's central bank said that winter bookings at Sri Lankan hotels are picking up, after the initial setback due to...
positive
1
Researchers cast doubt on Beira Lake neutralisation project
9/16/2023
Construction and Real Estate
Researchers raise concerns about the Beira Lake clean-up project
Researchers cast doubt on Beira Lake neutralisation project Researchers raise concerns about the Beira Lake clean-up project
negative
-1
Sri Lanka stocks end higher
12/11/2020
Markets
Sri Lanka stocks closed 0.08 percent higher on Friday pushed by index heavy Melstacorp Plc, Hemas Holdings and E B Crea...
Sri Lanka stocks end higher Sri Lanka stocks closed 0.08 percent higher on Friday pushed by index heavy Melstacorp Plc, Hemas Holdings and E B Crea...
negative
-1
European, US stocks resume slide as virus spreads, oil also drops
3/6/2020
International news
European and US stock markets resumed their downward slide Thursday, while Brent oil prices slid below $50 a barrel for...
European, US stocks resume slide as virus spreads, oil also drops European and US stock markets resumed their downward slide Thursday, while Brent oil prices slid below $50 a barrel for...
negative
-1
Sri Lanka agency ensures equitable risk transfer in Public Private Partnerships
11/27/2018
Economy
ECONOMYNEXT – Sri Lanka’s National Agency for Public Private Partnerships will ensure equitable allocation...
Sri Lanka agency ensures equitable risk transfer in Public Private Partnerships ECONOMYNEXT – Sri Lanka’s National Agency for Public Private Partnerships will ensure equitable allocation...
positive
1
Sri Lanka rupee quoted weaker at 327.00/327.10 to the US dollar
11/7/2023
Bonds & Forex
Sri Lanka’s rupee opened at 326.90/327.10 to the US dollar on Tuesday
Sri Lanka rupee quoted weaker at 327.00/327.10 to the US dollar Sri Lanka’s rupee opened at 326.90/327.10 to the US dollar on Tuesday
negative
-1
Sri Lanka to make presentation to creditors on IMF deal on March 30
3/24/2023
Economy
Chaired by CB Governor and Treasury Secy
Sri Lanka to make presentation to creditors on IMF deal on March 30 Chaired by CB Governor and Treasury Secy
positive
1
Sri Lanka rupee quoted weaker, gilt yields steady
10/14/2020
Bonds & Forex
Sri Lanka rupee was quoted weaker at 184.45/60 to the US dollar on Wednesday while bond yields steady, dealers said.
Sri Lanka rupee quoted weaker, gilt yields steady Sri Lanka rupee was quoted weaker at 184.45/60 to the US dollar on Wednesday while bond yields steady, dealers said.
negative
-1
Forty-five children killed in Easter Sunday attack – UNICEF
4/24/2019
Uncategorized
At least 45 children have been killed to date from the series of bomb blasts that hit churches and luxury hotels across ...
Forty-five children killed in Easter Sunday attack – UNICEF At least 45 children have been killed to date from the series of bomb blasts that hit churches and luxury hotels across ...
negative
-1
IMF official: Sri Lanka’s road ahead is challenging, critical to keep up with reform momentum
4/22/2024
Economy
Sri Lanka has implemented a raft of hard reforms under IMF programme
IMF official: Sri Lanka’s road ahead is challenging, critical to keep up with reform momentum Sri Lanka has implemented a raft of hard reforms under IMF programme
positive
1
Sri Lanka rupee ends weaker in spot next, gilt yields down
1/8/2021
Bonds & Forex
Sri Lanka rupee closed weaker at 191.00/192.50 in the spot next market against the US dollar on Friday, while bond yield...
Sri Lanka rupee ends weaker in spot next, gilt yields down Sri Lanka rupee closed weaker at 191.00/192.50 in the spot next market against the US dollar on Friday, while bond yield...
negative
-1
Entrepôt trading in Sri Lanka does not permit waste recycling: BOI
7/26/2019
Economy
Sri Lanka's entrepôt trading license does not permit recycling of waste, which is a specialized business requiring se...
Entrepôt trading in Sri Lanka does not permit waste recycling: BOI Sri Lanka's entrepôt trading license does not permit recycling of waste, which is a specialized business requiring se...
negative
-1
Sri Lanka passes law to start parliament budget office
6/21/2023
Uncategorized
The Parliamentary Budget Office shall be an independent body and accountable to Parliament
Sri Lanka passes law to start parliament budget office The Parliamentary Budget Office shall be an independent body and accountable to Parliament
positive
1
Sri Lankans will get vaccinated against Covid when WHO approves - Pavithra
11/25/2020
Health
Sri Lankans will get the vaccination against Covid 19 as soon as the World Health Organisation-approved vaccine is made ...
Sri Lankans will get vaccinated against Covid when WHO approves - Pavithra Sri Lankans will get the vaccination against Covid 19 as soon as the World Health Organisation-approved vaccine is made ...
negative
-1
Sri Lanka rupee quoted weaker, gilt yields steady
11/16/2020
Bonds & Forex
Sri Lanka rupee quoted weaker at 184.90/185.15 to the US dollar in the spot market on Monday while gilt yields flat in d...
Sri Lanka rupee quoted weaker, gilt yields steady Sri Lanka rupee quoted weaker at 184.90/185.15 to the US dollar in the spot market on Monday while gilt yields flat in d...
negative
-1
Sri Lanka's China-backed Hambantota port transships 500,000 vehicles
12/11/2022
Logistics
So far this year 223 roll-on-roll-off (RORO) vehicle carriers had called at the Port.
Sri Lanka's China-backed Hambantota port transships 500,000 vehicles So far this year 223 roll-on-roll-off (RORO) vehicle carriers had called at the Port.
negative
-1
Sri Lanka stock market overtakes Vietnam, trails Venezuela
1/23/2021
Markets
Sri Lanka stocks have risen 24.9 percent in 2021, leaving investors 739 billion rupees richer in the first 22 days of th...
Sri Lanka stock market overtakes Vietnam, trails Venezuela Sri Lanka stocks have risen 24.9 percent in 2021, leaving investors 739 billion rupees richer in the first 22 days of th...
positive
1
Global stocks mostly rise after solid US data, earnings
5/17/2019
International news
Global stocks mostly rose on Thursday on more benign statements from the United States about trade and a batch of solid ...
Global stocks mostly rise after solid US data, earnings Global stocks mostly rose on Thursday on more benign statements from the United States about trade and a batch of solid ...
negative
-1
Sri Lanka rupee opens flat, gilt yields steady
6/17/2019
Bonds & Forex
ECONOMYNEXT – The Sri Lanka rupee opened flat at 176.75/90 against the US dollar in the spot market Monday while ...
Sri Lanka rupee opens flat, gilt yields steady ECONOMYNEXT – The Sri Lanka rupee opened flat at 176.75/90 against the US dollar in the spot market Monday while ...
negative
-1
'Lorena' documentary tells Lorena Bobbitt's story in a new light
3/21/2019
International news
Mention the name Lorena Bobbitt and the reactions are all too predictable: the knowing snigger, the grimace that indicat...
'Lorena' documentary tells Lorena Bobbitt's story in a new light Mention the name Lorena Bobbitt and the reactions are all too predictable: the knowing snigger, the grimace that indicat...
negative
-1
In surprise visit, Prez tells BIA officials to minimise delays and inconveniences
1/17/2020
Economy
In an announced visit to the Bandaranaike International Airport yesterday, President Rajapaksa instructed officials to m...
In surprise visit, Prez tells BIA officials to minimise delays and inconveniences In an announced visit to the Bandaranaike International Airport yesterday, President Rajapaksa instructed officials to m...
positive
1
India's Mahindra Finance acquires Sri Lanka's Ideal Finance for Rs.2bn
8/20/2019
Banking
India's Mahindra Finance has invested 2 billion rupees in equity in Sri Lanka's capital short Ideal Finance Limited to a...
India's Mahindra Finance acquires Sri Lanka's Ideal Finance for Rs.2bn India's Mahindra Finance has invested 2 billion rupees in equity in Sri Lanka's capital short Ideal Finance Limited to a...
positive
1
Second Vietnamese family fears son among 39 UK truck dead
10/26/2019
International news
Another Vietnamese citizen is feared among 39 people found dead in a truck in Britain this week, after his father told A...
Second Vietnamese family fears son among 39 UK truck dead Another Vietnamese citizen is feared among 39 people found dead in a truck in Britain this week, after his father told A...
negative
-1
Top Sri Lanka financial professional Ravi Abeysuriya passes away
10/26/2023
Culture
He was the first country head of Fitch Ratings and Amba Research in Sri Lanka
Top Sri Lanka financial professional Ravi Abeysuriya passes away He was the first country head of Fitch Ratings and Amba Research in Sri Lanka
negative
-1
Sri Lanka rupee closes stronger at 318.10/40 to the US dollar
1/24/2024
Bonds & Forex
Sri Lanka’s rupee closed at 318.10/40 to the US dollar on Wednesday, dealers said. Bond yields were down.
Sri Lanka rupee closes stronger at 318.10/40 to the US dollar Sri Lanka’s rupee closed at 318.10/40 to the US dollar on Wednesday, dealers said. Bond yields were down.
negative
-1
Sri Lanka will not receive next batch of Covishield anytime soon: Official
4/30/2021
Health
Meanwhile, around 65 -75 people who had received the first dose of Covishield have tested positive for the virus
Sri Lanka will not receive next batch of Covishield anytime soon: Official Meanwhile, around 65 -75 people who had received the first dose of Covishield have tested positive for the virus
negative
-1
Sri Lanka in economic crisis after policies made on cooked-up issues, anti-science: Eran
3/28/2022
Economy
There were claims that money printing does not lead to inflation. But now Sri Lanka has the highest inflation in Asia
Sri Lanka in economic crisis after policies made on cooked-up issues, anti-science: Eran There were claims that money printing does not lead to inflation. But now Sri Lanka has the highest inflation in Asia
positive
1
Sri Lanka to accept internationally recognised medical degrees
5/7/2024
Health
Will change medical ordinance to accept medical degrees awarded by internationally recognized unis
Sri Lanka to accept internationally recognised medical degrees Will change medical ordinance to accept medical degrees awarded by internationally recognized unis
negative
-1
UNP cannot win without the support of minority parties – Hirunika
8/27/2019
Uncategorized
United National Party (UNP) backbencher Hirunika Premachandra said that UNP cannot win the presidential elections nor ca...
UNP cannot win without the support of minority parties – Hirunika United National Party (UNP) backbencher Hirunika Premachandra said that UNP cannot win the presidential elections nor ca...
negative
-1
Dengue threat on the rise
6/10/2019
Health
The health authorities are warning that there is a risk of another Dengue epidemic as the Southwest monsoon is active.
Dengue threat on the rise The health authorities are warning that there is a risk of another Dengue epidemic as the Southwest monsoon is active.
negative
-1
Sri Lanka's BOI eyes getting third party regulatory clearances for investors
2/27/2023
Economy
In fact, some projects require approvals from 70 institutions
Sri Lanka's BOI eyes getting third party regulatory clearances for investors In fact, some projects require approvals from 70 institutions
negative
-1
Wanted suspect in Easter attacks arrested in Kathankudy.
5/16/2019
Uncategorized
A man wanted in connection with the Easter Sunday is in police custody after he was located in New Kaththankudy yesterd...
Wanted suspect in Easter attacks arrested in Kathankudy. A man wanted in connection with the Easter Sunday is in police custody after he was located in New Kaththankudy yesterd...
negative
-1
Sri Lanka rupee closes weaker at 322.50/75, bond yields steady
9/6/2023
Bonds & Forex
Some bond yields were stable
Sri Lanka rupee closes weaker at 322.50/75, bond yields steady Some bond yields were stable
positive
1
Sri Lanka to restructure police, security force leadership: President
4/23/2019
Defence
Sri Lanka's President Maithripala Sirisena said he will restructure the police and military over the next week after a s...
Sri Lanka to restructure police, security force leadership: President Sri Lanka's President Maithripala Sirisena said he will restructure the police and military over the next week after a s...
negative
-1
Sri Lanka shuts schools in Western, Wayamba provinces
4/26/2021
Health
Other provinces to remain open, 952 new cases on Monday
Sri Lanka shuts schools in Western, Wayamba provinces Other provinces to remain open, 952 new cases on Monday
negative
-1
Sri Lanka T-bond yields ease despite debt haircut threats 
10/3/2022
Bonds & Forex
Uncertainty over debt restructuring remains
Sri Lanka T-bond yields ease despite debt haircut threats  Uncertainty over debt restructuring remains
positive
1
Foreign Ministry to open Regional Consular office in Kandy
2/5/2021
International Relations
Sri Lanka’s Foreign Ministry will open a Consular Affairs office in Kandy tomorrow February 6, offering these services...
Foreign Ministry to open Regional Consular office in Kandy Sri Lanka’s Foreign Ministry will open a Consular Affairs office in Kandy tomorrow February 6, offering these services...
positive
1
Navy tracing the contacts of the Sailor with COVID 19
4/23/2020
Health
The Sri Lanka Navy is conducting tracing within the navy for the contacts of the Navy Sailor who was tested positive for...
Navy tracing the contacts of the Sailor with COVID 19 The Sri Lanka Navy is conducting tracing within the navy for the contacts of the Navy Sailor who was tested positive for...
negative
-1
Sri Lanka considers house arrest due to prison overcrowding
12/13/2023
Legal
Considering introduction of legal provisions to retain suspects, accused under house arrest instead of remanding
Sri Lanka considers house arrest due to prison overcrowding Considering introduction of legal provisions to retain suspects, accused under house arrest instead of remanding
negative
-1