krishan-CSE/EM · Datasets at Hugging Face

Headline stringlengths 1 103	Date stringlengths 8 9	Related Field stringclasses 110 values	News Description stringlengths 1 130 ⌀	combined_text stringlengths 3 227	sentiment stringclasses 2 values	industry stringclasses 6 values
Sri Lanka opposition leader proposes Grama Rajya system in addition to 13A	13-Jun-24	Politics	Premadasa's assurance of implementing the 13th amendment has already drawn some protest in the south.	Sri Lanka opposition leader proposes Grama Rajya system in addition to 13A Premadasa's assurance of implementing the 13th amendment has already drawn some protest in the south.	NEGATIVE	Consumer Goods Industry
Sri Lanka rupee closes flat at 303.85/95 to US dollar	13-Jun-24	Bonds & Forex	Bond yields were down.	Sri Lanka rupee closes flat at 303.85/95 to US dollar Bond yields were down.	NEGATIVE	Capital Goods
Sri Lanka sells Rs295bn in 2027 to 2031 bonds	13-Jun-24	Bonds & Forex	All offered 125 billion rupees of 15 September 2029 bonds were sold at 11.00 percent.	Sri Lanka sells Rs295bn in 2027 to 2031 bonds All offered 125 billion rupees of 15 September 2029 bonds were sold at 11.00 percent.	NEGATIVE	Capital Goods
Sri Lanka coastal plantation of pomegranates yields bumper crop	13-Jun-24	Agriculture	“The sea breeze is favorable for pomegranate cultivation in Batticaloa,”	Sri Lanka coastal plantation of pomegranates yields bumper crop “The sea breeze is favorable for pomegranate cultivation in Batticaloa,”	POSITIVE	Agricultural Raw Materials
Sri Lanka stocks close down amid lack of clarity on debt restructuring	13-Jun-24	Stocks & Companies	Turnover was 1.8 billion. Most of this came from selling on banking stocks (Rs738mn).	Sri Lanka stocks close down amid lack of clarity on debt restructuring Turnover was 1.8 billion. Most of this came from selling on banking stocks (Rs738mn).	NEGATIVE	Capital Goods
Sri Lanka discusses legal framework, EOI for nuclear energy: Minister	13-Jun-24	Energy	Discussed the progress of the proposed legal framework on nuclear energy integration, and EOI for nuclear energy	Sri Lanka discusses legal framework, EOI for nuclear energy: Minister Discussed the progress of the proposed legal framework on nuclear energy integration, and EOI for nuclear energy	POSITIVE	Capital Goods
Sri Lanka tea plantation female workers overlooked for promotions: Minister	13-Jun-24	Tea	Less than qualified men are in management positions, because they know how to order people around	Sri Lanka tea plantation female workers overlooked for promotions: Minister Less than qualified men are in management positions, because they know how to order people around	NEGATIVE	Agricultural Raw Materials
Sri Lanka courts to sell vehicles, machinery seized for suspected involvement in crimes	13-Jun-24	Courts	Courts are compelled to keep the seized vehicles until legal cases are over under the current law	Sri Lanka courts to sell vehicles, machinery seized for suspected involvement in crimes Courts are compelled to keep the seized vehicles until legal cases are over under the current law	NEGATIVE	Transportation
Protest held outside Sri Lanka opposition leader's office against 13th amendment	13-Jun-24	Politics	"We will not allow this country to be divided into nine pieces," said Thushara.	Protest held outside Sri Lanka opposition leader's office against 13th amendment "We will not allow this country to be divided into nine pieces," said Thushara.	NEGATIVE	Capital Goods
Some Sri Lanka IMF-agreed targets delayed with consensus: State FinMin	13-Jun-24	Economy	Sri Lanka has faced delays in enacting some laws required for IMF-led reforms	Some Sri Lanka’s IMF-agreed targets delayed with consensus: State FinMin Sri Lanka has faced delays in enacting some laws required for IMF-led reforms	NEGATIVE	Capital Goods
Sri Lanka in final stages of reaching in-principle deal with CDB: State Minister	13-Jun-24	Economy	Expects all bilateral creditor to wrap up final MOUs in June	Sri Lanka in final stages of reaching in-principle deal with CDB: State Minister Expects all bilateral creditor to wrap up final MOUs in June	NEGATIVE	Capital Goods
Sri Lanka rupee trades at 303.90/304.05 to US dollar	13-Jun-24	Bonds & Forex	Bond yields were broadly stable, stocks drop	Sri Lanka rupee trades at 303.90/304.05 to US dollar Bond yields were broadly stable, stocks drop	POSITIVE	Capital Goods
Sri Lanka Softlogic Rs10bn rights issue to settle debt	13-Jun-24	Stocks & Companies	Softlogic announced in March that it would infuse equity into the company	Sri Lanka’s Softlogic Rs10bn rights issue to settle debt Softlogic announced in March that it would infuse equity into the company	POSITIVE	Capital Goods
Sri Lanka to investigate SIS, CNI actions prior to Easter attack	13-Jun-24	Easter Sunday attacks	Whether adequate actions were taken by State Intelligence Service, Chief of National Intelligence	Sri Lanka to investigate SIS, CNI actions prior to Easter attack Whether adequate actions were taken by State Intelligence Service, Chief of National Intelligence	NEGATIVE	Capital Goods
IMF approves Sri Lanka review, calls for monetary policy for stability	13-Jun-24	Economy	Monetary policy should continue prioritizing price stability	IMF approves Sri Lanka review, calls for monetary policy for stability Monetary policy should continue prioritizing price stability	NEGATIVE	Other
Conflict left in Sri Lanka constitution to avoid referendum	13-Jun-24	Legal	It leaves an ambiguity at best and a loophole at worst	Conflict left in Sri Lanka constitution to avoid referendum It leaves an ambiguity at best and a loophole at worst	NEGATIVE	Other
Sri Lanka plantations to battle state directed wage hike in courts	13-Jun-24	Business	May hurt the ability to service bank loans	Sri Lanka plantations to battle state directed wage hike in courts May hurt the ability to service bank loans	NEGATIVE	Other
Sri Lanka's 6-year Presidential term: problem in drafting 19th amendment explained	12-Jun-24	Legal	Drafting team had to work within President Sirisena's manifesto which promised only changes without a referendum	Sri Lanka's 6-year Presidential term: problem in drafting 19th amendment explained Drafting team had to work within President Sirisena's manifesto which promised only changes without a referendum	NEGATIVE	Other
IMF approves Sri Lanka program review, Foreign Minister Sabry says	12-Jun-24	Economy	.	IMF approves Sri Lanka program review, Foreign Minister Sabry says .	POSITIVE	Other
Sri Lanka president needs referendum to extend his tenure: Justice Minister	12-Jun-24	Politics	Presidential election will be held between September 17 and October 16, the Election Commission has announced	Sri Lanka president needs referendum to extend his tenure: Justice Minister Presidential election will be held between September 17 and October 16, the Election Commission has announced	NEGATIVE	Other
Sri Lanka to amend criminal code to strengthen laws against sexual assault	12-Jun-24	Crime	The draft Bill will be submitted to Parliament for approval.	Sri Lanka to amend criminal code to strengthen laws against sexual assault The draft Bill will be submitted to Parliament for approval.	POSITIVE	Other
Sri Lanka rupee closes weaker at 303.80/304.00 to US dollar	12-Jun-24	Bonds & Forex	Bond yields were up.	Sri Lanka rupee closes weaker at 303.80/304.00 to US dollar Bond yields were up.	NEGATIVE	Other
Sri Lanka stocks close marginally down, leasing companies see interest	12-Jun-24	Stocks & Companies	Turnover was 1.6 billion. Index heavyweights, diversified financials and consumer sectors contributed the most.	Sri Lanka stocks close marginally down, leasing companies see interest Turnover was 1.6 billion. Index heavyweights, diversified financials and consumer sectors contributed the most.	NEGATIVE	Other
Renovation in Sri Lanka’s Northern rail track to reduce Colombo-Jaffna train time to 5.5 hours	12-Jun-24	Transport	Renovations started in January with Indian financial assistance	Renovation in Sri Lanka’s Northern rail track to reduce Colombo-Jaffna train time to 5.5 hours Renovations started in January with Indian financial assistance	POSITIVE	Transportation
Singapore-based Aditya Birla awarded Sri Lanka CPC’s 1.5 mln barrel 92 Unl petrol supply	12-Jun-24	Energy	The firm was chosen from bids called to supply five shipments in six months	Singapore-based Aditya Birla awarded Sri Lanka CPC’s 1.5 mln barrel 92 Unl petrol supply The firm was chosen from bids called to supply five shipments in six months	NEGATIVE	Other
Sri Lanka Treasuries yields higher, Rs215bn sold	12-Jun-24	Bonds & Forex	The 12-month bill yield went up 27 basis points to 9.54 percent	Sri Lanka Treasuries yields higher, Rs215bn sold The 12-month bill yield went up 27 basis points to 9.54 percent	NEGATIVE	Other
Sri Lanka to implement national tariff policy in three phases from 2025	12-Jun-24	Trade	"Various policies introduced from time to time by the existing governments,"	Sri Lanka to implement national tariff policy in three phases from 2025 "Various policies introduced from time to time by the existing governments,"	POSITIVE	Other
Sri Lanka to begin free trade agreement negotiations with Malaysia	12-Jun-24	Trade	Free trade deals with Asia and Pacific have generated sharply more exports than imports	Sri Lanka to begin free trade agreement negotiations with Malaysia Free trade deals with Asia and Pacific have generated sharply more exports than imports	POSITIVE	Other
Sri Lanka Railways explores leasing space above stations, increasing goods trains to boost revenue	12-Jun-24	Transport	Sri Lanka Railways has yet to make profit despite ticket price hike in 2022	Sri Lanka Railways explores leasing space above stations, increasing goods trains to boost revenue Sri Lanka Railways has yet to make profit despite ticket price hike in 2022	NEGATIVE	Transportation
Startup Genome ranks Sri Lanka among world’s top 10 for affordable talent	12-Jun-24	ICT	Ranking was made in the latest Global Startup Ecosystem Report 2024	Startup Genome ranks Sri Lanka among world’s top 10 for affordable talent Ranking was made in the latest Global Startup Ecosystem Report 2024	POSITIVE	Other
Sri Lanka optimistic ahead of IMF review: State minister	12-Jun-24	Economic Crisis	"We remain optimistic that our international partners will continue to support Sri Lanka's efforts,"	Sri Lanka optimistic ahead of IMF review: State minister "We remain optimistic that our international partners will continue to support Sri Lanka's efforts,"	POSITIVE	Other
Sri Lanka rupee weakens further at 303.75/304.00 to US dollar	12-Jun-24	Bonds & Forex	Bond yields were broadly stable, stocks up.	Sri Lanka rupee weakens further at 303.75/304.00 to US dollar Bond yields were broadly stable, stocks up.	NEGATIVE	Other
Vidullanka, WindForce joint venture signs purchase agreement with solar plant	12-Jun-24	Energy	Power purchase agreement for the development of a 10 megawatt Vavunathivu II solar power project in Batticaloa	Vidullanka, WindForce joint venture signs purchase agreement with solar plant Power purchase agreement for the development of a 10 megawatt Vavunathivu II solar power project in Batticaloa	POSITIVE	Other
Sri Lanka Labor Ministry, ILO, IOM discuss labour reforms	12-Jun-24	Employment	Ministry, International Labor Organization, International Organization for Migration to train care workers	Sri Lanka Labor Ministry, ILO, IOM discuss labour reforms Ministry, International Labor Organization, International Organization for Migration to train care workers	POSITIVE	Other
AKD on Sri Lanka's ethnic issue: NPP concerned with future, not past	11-Jun-24	Politics	The NPP leader did not elaborate on the meaning of "right to make decisions for themselves".	AKD on Sri Lanka's ethnic issue: NPP concerned with future, not past The NPP leader did not elaborate on the meaning of "right to make decisions for themselves".	NEGATIVE	Other
Sri Lanka environmentalists, Bishop file FR petition over Indian Adani's Mannar wind power deal	11-Jun-24	Energy	Already Mannar project is challenged in the Supreme Court by Sri Lanka's Wildlife and Nature Protection Society	Sri Lanka environmentalists, Bishop file FR petition over Indian Adani's Mannar wind power deal Already Mannar project is challenged in the Supreme Court by Sri Lanka's Wildlife and Nature Protection Society	NEGATIVE	Other
NPP says will honour debt obligations, Sri Lanka must restructure debt	11-Jun-24	Politics	"To come out of this crisis, we really must go for a debt restructuring," he said.	NPP says will honour debt obligations, Sri Lanka must restructure debt "To come out of this crisis, we really must go for a debt restructuring," he said.	NEGATIVE	Other
Sri Lanka to promote sea cucumber hatcheries due to demand: Minister	11-Jun-24	Fisheries	“They are like black gold,” Devananda said.	Sri Lanka to promote sea cucumber hatcheries due to demand: Minister “They are like black gold,” Devananda said.	NEGATIVE	Other
Sri Lanka looks for investment for ship building, repairing in Oluvil commercial harbour	11-Jun-24	Investment	The port has not been in operation for almost a decade due to sand deposits at the entrance	Sri Lanka looks for investment for ship building, repairing in Oluvil commercial harbour The port has not been in operation for almost a decade due to sand deposits at the entrance	NEGATIVE	Other
Sri Lanka planters demand justice after Minister storms estate, drunken gang takes staff hostage	11-Jun-24	Business	Ministers denies anyone was taken hostage	Sri Lanka planters demand justice after Minister storms estate, drunken gang takes staff hostage Ministers denies anyone was taken hostage	NEGATIVE	Other
Jaishankar to visit Sri Lanka ahead of Indian Prime Minister: President	11-Jun-24	International Relations	"Plans to visit Sri Lanka soon to oversee progress and coordinate Prime Minister Modi’s visit,"	Jaishankar to visit Sri Lanka ahead of Indian Prime Minister: President "Plans to visit Sri Lanka soon to oversee progress and coordinate Prime Minister Modi’s visit,"	POSITIVE	Other
India should act strictly on fishermen poaching, bottom trawling in Sri Lankan sea: Minister	11-Jun-24	Free Speech	Northern fishermen have chosen Chinese assisted sea cucumber farming after their livelihood hit by bottom trawling	India should act strictly on fishermen poaching, bottom trawling in Sri Lankan sea: Minister Northern fishermen have chosen Chinese assisted sea cucumber farming after their livelihood hit by bottom trawling	NEGATIVE	Agricultural Raw Materials
Sri Lanka rupee closes weaker at 303.50/75 to US dollar	11-Jun-24	Bonds & Forex	Bond yields were up ahead of the auction.	Sri Lanka rupee closes weaker at 303.50/75 to US dollar Bond yields were up ahead of the auction.	NEGATIVE	Other
Sri Lanka stocks close up, Hayleys top traded	11-Jun-24	Stocks & Companies	Turnover was 3.7 billion. A large part of this came from Hayleys Plc (Rs1bn). The share closed up at 105.25.	Sri Lanka stocks close up, Hayleys top traded Turnover was 3.7 billion. A large part of this came from Hayleys Plc (Rs1bn). The share closed up at 105.25.	NEGATIVE	Other
Sri Lanka's CEB submits electricity price revision to PUCSL	11-Jun-24	Energy	Proposal for reductions on energy charges for domestic, religious, general purpose and government sectors	Sri Lanka's CEB submits electricity price revision to PUCSL Proposal for reductions on energy charges for domestic, religious, general purpose and government sectors	NEGATIVE	Other
Constitutional Error Could Give Ranil and Parliament Another Year	11-Jun-24	Political News	Wording implies referendum not required	Constitutional Error Could Give Ranil and Parliament Another Year Wording implies referendum not required	NEGATIVE	Other
Sri Lanka's MAS Holdings signs agreement to buy Ambercycle material	11-Jun-24	Apparel	Three-year offtake agreement to buy recycled material.	Sri Lanka's MAS Holdings signs agreement to buy Ambercycle material Three-year offtake agreement to buy recycled material.	NEGATIVE	Other
Sajith on sharing police, land powers: Will implement "13; not 13 minus or 13 plus"	11-Jun-24	Politics	"I was talking of 13 and not of 13 minus or 13 plus. It was about 13 that I spoke."	Sajith on sharing police, land powers: Will implement "13; not 13 minus or 13 plus" "I was talking of 13 and not of 13 minus or 13 plus. It was about 13 that I spoke."	NEGATIVE	Other
Sri Lanka drafts patient safety and well-being charter	11-Jun-24	Health	Prepared by a panel of experts on the advice and guidance of the World Health Organization.	Sri Lanka drafts patient safety and well-being charter Prepared by a panel of experts on the advice and guidance of the World Health Organization.	POSITIVE	Other
Russia to stop recruiting Sri Lankans for Ukraine war: FM after meeting Lavrov	11-Jun-24	Business	Addressed issues concerning ex-Sri Lankan servicemen in the Russian military	Russia to stop recruiting Sri Lankans for Ukraine war: FM after meeting Lavrov Addressed issues concerning ex-Sri Lankan servicemen in the Russian military	NEGATIVE	Other
Sri Lanka draft MOUs with bilateral lenders being exchanged, clarified: State Minister	11-Jun-24	Economy	When they are submitted, they exchange it with their membership	Sri Lanka draft MOUs with bilateral lenders being exchanged, clarified: State Minister When they are submitted, they exchange it with their membership	NEGATIVE	Other
Sri Lanka rupee opens weaker at 303.25/75 to US dollar	11-Jun-24	Bonds & Forex	Bond yields and stocks were up	Sri Lanka rupee opens weaker at 303.25/75 to US dollar Bond yields and stocks were up	NEGATIVE	Other
Sri Lanka's CPC makes Rs120bn profit in 2023 after Rs884bn tax-payer injection	11-Jun-24	Economy	Govt takes over debt owed to state banks	Sri Lanka's CPC makes Rs120bn profit in 2023 after Rs884bn tax-payer injection Govt takes over debt owed to state banks	NEGATIVE	Other
Any future Sri Lankan government will have to comply with IMF deal: Cabinet Spokesman	10-Jun-24	Economic Crisis	Sri Lanka is facing a political uncertainty due to elections later this year.	Any future Sri Lankan government will have to comply with IMF deal: Cabinet Spokesman Sri Lanka is facing a political uncertainty due to elections later this year.	NEGATIVE	Other
SriLankan drops pepper & salt from economy class dish, makes on demand after survey	10-Jun-24	Aviation	Pepper & salt still served for business class passengers	SriLankan drops pepper & salt from economy class dish, makes on demand after survey Pepper & salt still served for business class passengers	NEGATIVE	Other
Sri Lanka's Vidullanka, SEL Tech to develop 4.9mw solar power plant in Hambantota	10-Jun-24	Energy	SEL Tech International (Pvt) Limited to jointly develop 4.9 MW Beliatha solar power	Sri Lanka's Vidullanka, SEL Tech to develop 4.9mw solar power plant in Hambantota SEL Tech International (Pvt) Limited to jointly develop 4.9 MW Beliatha solar power	POSITIVE	Other
Sri Lanka rupee closes weaker at 303.20/50 to US dollar	10-Jun-24	Bonds & Forex	Bond yields were broadly stable.	Sri Lanka rupee closes weaker at 303.20/50 to US dollar Bond yields were broadly stable.	POSITIVE	Other
Sri Lanka to send 6,000 workers to Japan	10-Jun-24	Employment	“We are sending caregivers, construction workers, and workers in the agriculture sector to Japan,”	Sri Lanka to send 6,000 workers to Japan “We are sending caregivers, construction workers, and workers in the agriculture sector to Japan,”	POSITIVE	Capital Goods
Sri Lanka stocks close up ahead of IMF review	10-Jun-24	Stocks & Companies	Turnover was 1.6 billion. A large part of this came from capital goods stocks (Rs734mn).	Sri Lanka stocks close up ahead of IMF review Turnover was 1.6 billion. A large part of this came from capital goods stocks (Rs734mn).	NEGATIVE	Other
Half of Sajith's people will join RW after poll date announcement: UNP spox	10-Jun-24	Politics	"There are no alternatives. President Wickremesinghe is the only leader that can develop the country."	Half of Sajith's people will join RW after poll date announcement: UNP spox "There are no alternatives. President Wickremesinghe is the only leader that can develop the country."	NEGATIVE	Other
AKD pledges to dissolve Sri Lanka parliament immediately upon election as president	10-Jun-24	Uncategorized	The next parliament will have 120 to 130 MPs from the NPP, he added.	AKD pledges to dissolve Sri Lanka parliament immediately upon election as president The next parliament will have 120 to 130 MPs from the NPP, he added.	NEGATIVE	Other
Sri Lanka, Bangladesh discuss FTA, agriculture modernization, ferry and private investment	10-Jun-24	Business	Hasina pledged to direct private investors from Bangladesh towards investment opportunities in Sri Lanka	Sri Lanka, Bangladesh discuss FTA, agriculture modernization, ferry and private investment Hasina pledged to direct private investors from Bangladesh towards investment opportunities in Sri Lanka	POSITIVE	Agricultural Raw Materials
Divesting SOEs can generate greater profits through taxation: Sri Lanka restructuring unit	10-Jun-24	Fiscal	"Taxes yield greater benefit to the public with far less financial cost and resources,"	Divesting SOEs can generate greater profits through taxation: Sri Lanka restructuring unit "Taxes yield greater benefit to the public with far less financial cost and resources,"	NEGATIVE	Other
Sri Lanka, India reaffirm commitment to strengthening ties	10-Jun-24	International Relations	"Sri Lanka is an important partner in our Neighbourhood First policy. India is proud to be a dependable partner"	Sri Lanka, India reaffirm commitment to strengthening ties "Sri Lanka is an important partner in our Neighbourhood First policy. India is proud to be a dependable partner"	POSITIVE	Other
Sajith says SJB government will implement Sri Lanka's 13th amendment	10-Jun-24	Politics	"The people say enough talk, make it happen."	Sajith says SJB government will implement Sri Lanka's 13th amendment "The people say enough talk, make it happen."	POSITIVE	Other
Sri Lanka will be able to better penetrate India market with ECTA: ILCCI chief	10-Jun-24	Business	"This is a golden opportunity for us to integrate our economies"	Sri Lanka will be able to better penetrate India market with ECTA: ILCCI chief "This is a golden opportunity for us to integrate our economies"	POSITIVE	Other
Fitch rates Sri Lanka's Commercial Bank 20bn debenture issue 'BBB+(lka)'	10-Jun-24	Stocks & Companies	The rating is two notches below the bank's National Long-Term Rating anchor	Fitch rates Sri Lanka's Commercial Bank 20bn debenture issue 'BBB+(lka)' The rating is two notches below the bank's National Long-Term Rating anchor	NEGATIVE	Other
Sri Lanka tea prices fall for third consecutive week	10-Jun-24	Business	Highest priced teas fall	Sri Lanka tea prices fall for third consecutive week Highest priced teas fall	NEGATIVE	Other
Sri Lanka's CAL enhances digital platform for stocks, Treasuries, unit trusts	10-Jun-24	Bonds & Forex	A dummy investment tool to simulate investments is also provided	Sri Lanka's CAL enhances digital platform for stocks, Treasuries, unit trusts A dummy investment tool to simulate investments is also provided	POSITIVE	Other
Sri Lanka rupee opens at 302.80/95 to US dollar	10-Jun-24	Bonds & Forex	Bond yields were broadly steady	Sri Lanka rupee opens at 302.80/95 to US dollar Bond yields were broadly steady	POSITIVE	Other
Sri Lanka Ports Authority cadre slashed, makes payment to Treasury	10-Jun-24	Economy	Makes Rs8.6bn levy to the Treasury to settle earlier dues	Sri Lanka Ports Authority cadre slashed, makes payment to Treasury Makes Rs8.6bn levy to the Treasury to settle earlier dues	NEGATIVE	Other
Sri Lanka President, South Asia leaders at Indian PM's swearing in	9-Jun-24	Political News	Prime Minister Modi won a third consecutive term as prime minister of India	Sri Lanka President, South Asia leaders at Indian PM's swearing in Prime Minister Modi won a third consecutive term as prime minister of India	POSITIVE	Other
Sri Lanka central bank avoids negative equity with imputed values for restructured bonds	9-Jun-24	Economy	Step down re-structured bond are not traded	Sri Lanka central bank avoids negative equity with imputed values for restructured bonds Step down re-structured bond are not traded	NEGATIVE	Other
Trupti Mehta – A Pioneer in Winning Land Rights for Indigenous Communities	9-Jun-24	Political News	The road to that change has neither been easy, nor short	Trupti Mehta – A Pioneer in Winning Land Rights for Indigenous Communities The road to that change has neither been easy, nor short	POSITIVE	Other
Sri Lanka's gross forex reserves marginally down in May	8-Jun-24	Economy	Though gross reserves fell, it is not clear whether net reserves fell	Sri Lanka's gross forex reserves marginally down in May Though gross reserves fell, it is not clear whether net reserves fell	NEGATIVE	Other
Sri Lanka, Maldives to increase ties in trade, tourism, energy	8-Jun-24	Trade	Maldives wants to recruit Sri Lankan teachers and doctors	Sri Lanka, Maldives to increase ties in trade, tourism, energy Maldives wants to recruit Sri Lankan teachers and doctors	NEGATIVE	Other
Sri Lanka’s May tourism revenue rise 54-pct, arrivals up 35-pct	8-Jun-24	Tourism	VFS Global expensive visa entry fee is widely expected to hit future arrivals, revenue	Sri Lanka’s May tourism revenue rise 54-pct, arrivals up 35-pct VFS Global expensive visa entry fee is widely expected to hit future arrivals, revenue	NEGATIVE	Other
EXPLAINER: Implications of Modi’s narrow election victory for Sri Lanka	8-Jun-24	Defence	India seen pushing its policies, deals towards Sri Lanka without any significant change	EXPLAINER: Implications of Modi’s narrow election victory for Sri Lanka India seen pushing its policies, deals towards Sri Lanka without any significant change	NEGATIVE	Other
Sri Lanka May 2024 remittances rise 13.5-pct to $544mn	8-Jun-24	Economy	Remittances have improved after the central bank gave up parallel exchange rate policy	Sri Lanka May 2024 remittances rise 13.5-pct to $544mn Remittances have improved after the central bank gave up parallel exchange rate policy	POSITIVE	Other
Sri Lanka’s anti-graft body challenges Public Financial Management Bill in Supreme Court	7-Jun-24	Courts	Bill's procurement provisions violate sovereignty of people right to equal protection of the law: TISL	Sri Lanka’s anti-graft body challenges Public Financial Management Bill in Supreme Court Bill's procurement provisions violate sovereignty of people right to equal protection of the law: TISL	NEGATIVE	Other
Sri Lanka tourist promotion officials reject VFS Global half million dollar offer: Harin	7-Jun-24	Business	We said we cannot do that	Sri Lanka tourist promotion officials reject VFS Global half million dollar offer: Harin We said we cannot do that	NEGATIVE	Other
Sri Lanka rupee closes stronger at 302.70/80 to US dollar	7-Jun-24	Bonds & Forex	Bond yields were steady.	Sri Lanka rupee closes stronger at 302.70/80 to US dollar Bond yields were steady.	POSITIVE	Other
Vietnam envoy pays farewell call on Sri Lanka Prime Minister	7-Jun-24	International Relations	Sri Lanka and Vietnam have the potential for closer engagement, Truc has said.	Vietnam envoy pays farewell call on Sri Lanka Prime Minister Sri Lanka and Vietnam have the potential for closer engagement, Truc has said.	POSITIVE	Other
Sri Lanka Chamber commends Electricity Law, cautions on regulator autonomy	7-Jun-24	Power	Expected to enhance efficiency, promote competition, and attract much-needed investment into the electricity sector	Sri Lanka Chamber commends Electricity Law, cautions on regulator autonomy Expected to enhance efficiency, promote competition, and attract much-needed investment into the electricity sector	POSITIVE	Other
Sri Lanka stocks close up, buying interest picks up	7-Jun-24	Stocks & Companies	Turnover was 1.2 billion. A large part of this came from banking stocks (Rs574mn).	Sri Lanka stocks close up, buying interest picks up Turnover was 1.2 billion. A large part of this came from banking stocks (Rs574mn).	NEGATIVE	Other
Sri Lanka looks to remove obstacles in toddy export	7-Jun-24	Agriculture	Large market abroad for toddy, kithul, palm and coconut related products.	Sri Lanka looks to remove obstacles in toddy export Large market abroad for toddy, kithul, palm and coconut related products.	POSITIVE	Other
Sri Lanka COPF chief under threat over VFS Global deal probe	7-Jun-24	Business	Members representing the government are threatening him when he is examining the VFS deal	Sri Lanka COPF chief under threat over VFS Global deal probe Members representing the government are threatening him when he is examining the VFS deal	NEGATIVE	Other
Sri Lanka Police try humour to get message across social media	7-Jun-24	Security	A series of tweets with popular culture references	Sri Lanka Police try humour to get message across social media A series of tweets with popular culture references	NEGATIVE	Other
Sri Lanka's Lankem to open fertilizer plant	7-Jun-24	Agriculture	Commercial operations are expected to commence by the end of the year.	Sri Lanka's Lankem to open fertilizer plant Commercial operations are expected to commence by the end of the year.	POSITIVE	Other
Sri Lanka eyes mammoth 4,000 workforce to man elephant fences	7-Jun-24	Agriculture	Looking to recruit a new workforce of at least 4,000 multipurpose development officers	Sri Lanka eyes mammoth 4,000 workforce to man elephant fences Looking to recruit a new workforce of at least 4,000 multipurpose development officers	NEGATIVE	Other
Sri Lanka rupee opens stronger at 302.55/65 to US dollar	7-Jun-24	Bonds & Forex	In the secondary market, yields were slightly down, dealers said.	Sri Lanka rupee opens stronger at 302.55/65 to US dollar In the secondary market, yields were slightly down, dealers said.	NEGATIVE	Other
IMF says Sri Lanka has made "sufficiently strong progress" on debt for June review	7-Jun-24	Economy	Discussions with external bondholders continue with the aim of reaching agreements in principle soon	IMF says Sri Lanka has made "sufficiently strong progress" on debt for June review Discussions with external bondholders continue with the aim of reaching agreements in principle soon	POSITIVE	Other
Sri Lanka legislators slam 49 renewables plants without tender, Adani deal	7-Jun-24	Energy	Mannar competitive tender halted	Sri Lanka legislators slam 49 renewables plants without tender, Adani deal Mannar competitive tender halted	NEGATIVE	Other
Sri Lanka's Hatton National Bank 'A(lka)' rating confirmed, ISB assets 10-pct	6-Jun-24	Stocks & Companies	HNB's high risk profile, similar to peers, stems from its large exposure to sovereign risk	Sri Lanka's Hatton National Bank 'A(lka)' rating confirmed, ISB assets 10-pct HNB's high risk profile, similar to peers, stems from its large exposure to sovereign risk	NEGATIVE	Other
Sri Lanka's Commercial Bank 'A(lka)' rating confirmed: ISB assets 7-pct	6-Jun-24	Banking	The bank's impaired loan ratio broadly remained unchanged in the first quarter of 2024 11.4-pct at end-2023.	Sri Lanka's Commercial Bank 'A(lka)' rating confirmed: ISB assets 7-pct The bank's impaired loan ratio broadly remained unchanged in the first quarter of 2024 11.4-pct at end-2023.	NEGATIVE	Other
Sri Lanka to allocate foreign job quota for retired soldiers after deaths in Russia-Ukraine war	6-Jun-24	Defence	Sri Lanka has been trying to bring back retired military personnel who have joined Russian-Ukraine war for money	Sri Lanka to allocate foreign job quota for retired soldiers after deaths in Russia-Ukraine war Sri Lanka has been trying to bring back retired military personnel who have joined Russian-Ukraine war for money	NEGATIVE	Other
Sri Lanka Bank of Ceylon 'A(lka)' rating confirmed	6-Jun-24	Stocks & Companies	About 60 percent of bank assets were exposed to the sovereign risk profile.	Sri Lanka Bank of Ceylon 'A(lka)' rating confirmed About 60 percent of bank assets were exposed to the sovereign risk profile.	NEGATIVE	Other
Sri Lanka parliament passes new electricity law	6-Jun-24	Energy	103 votes in favour	Sri Lanka parliament passes new electricity law 103 votes in favour	POSITIVE	Other
Sri Lanka's Hatton National Bank 'A(lka)' rating confirmed, ISB assets 10-pct	6-Jun-24	Stocks & Companies	HNB's high risk profile, similar to peers, stems from its large exposure to sovereign risk	Sri Lanka's Hatton National Bank 'A(lka)' rating confirmed, ISB assets 10-pct HNB's high risk profile, similar to peers, stems from its large exposure to sovereign risk	NEGATIVE	Other
Sri Lanka's Commercial Bank 'A(lka)' rating confirmed: ISB assets 7-pct	6-Jun-24	Banking	The bank's impaired loan ratio broadly remained unchanged in the first quarter of 2024 11.4-pct at end-2023.	Sri Lanka's Commercial Bank 'A(lka)' rating confirmed: ISB assets 7-pct The bank's impaired loan ratio broadly remained unchanged in the first quarter of 2024 11.4-pct at end-2023.	NEGATIVE	Other

Sri Lanka opposition leader proposes Grama Rajya system in addition to 13A

13-Jun-24

Politics

Premadasa's assurance of implementing the 13th amendment has already drawn some protest in the south.

Sri Lanka opposition leader proposes Grama Rajya system in addition to 13A Premadasa's assurance of implementing the 13th amendment has already drawn some protest in the south.

NEGATIVE

Consumer Goods Industry

Sri Lanka rupee closes flat at 303.85/95 to US dollar

13-Jun-24

Bonds & Forex

Bond yields were down.

Sri Lanka rupee closes flat at 303.85/95 to US dollar Bond yields were down.

NEGATIVE

Capital Goods

Sri Lanka sells Rs295bn in 2027 to 2031 bonds

13-Jun-24

Bonds & Forex

All offered 125 billion rupees of 15 September 2029 bonds were sold at 11.00 percent.

Sri Lanka sells Rs295bn in 2027 to 2031 bonds All offered 125 billion rupees of 15 September 2029 bonds were sold at 11.00 percent.

NEGATIVE

Capital Goods

Sri Lanka coastal plantation of pomegranates yields bumper crop

13-Jun-24

Agriculture

“The sea breeze is favorable for pomegranate cultivation in Batticaloa,”

Sri Lanka coastal plantation of pomegranates yields bumper crop “The sea breeze is favorable for pomegranate cultivation in Batticaloa,”

POSITIVE

Agricultural Raw Materials

Sri Lanka stocks close down amid lack of clarity on debt restructuring

13-Jun-24

Stocks & Companies

Turnover was 1.8 billion. Most of this came from selling on banking stocks (Rs738mn).

Sri Lanka stocks close down amid lack of clarity on debt restructuring Turnover was 1.8 billion. Most of this came from selling on banking stocks (Rs738mn).

NEGATIVE

Capital Goods

Sri Lanka discusses legal framework, EOI for nuclear energy: Minister

13-Jun-24

Energy

Discussed the progress of the proposed legal framework on nuclear energy integration, and EOI for nuclear energy

Sri Lanka discusses legal framework, EOI for nuclear energy: Minister Discussed the progress of the proposed legal framework on nuclear energy integration, and EOI for nuclear energy

POSITIVE

Capital Goods

Sri Lanka tea plantation female workers overlooked for promotions: Minister

13-Jun-24

Tea

Less than qualified men are in management positions, because they know how to order people around

Sri Lanka tea plantation female workers overlooked for promotions: Minister Less than qualified men are in management positions, because they know how to order people around

NEGATIVE

Agricultural Raw Materials

Sri Lanka courts to sell vehicles, machinery seized for suspected involvement in crimes

13-Jun-24

Courts

Courts are compelled to keep the seized vehicles until legal cases are over under the current law

Sri Lanka courts to sell vehicles, machinery seized for suspected involvement in crimes Courts are compelled to keep the seized vehicles until legal cases are over under the current law

NEGATIVE

Transportation

Protest held outside Sri Lanka opposition leader's office against 13th amendment

13-Jun-24

Politics

"We will not allow this country to be divided into nine pieces," said Thushara.

Protest held outside Sri Lanka opposition leader's office against 13th amendment "We will not allow this country to be divided into nine pieces," said Thushara.

NEGATIVE

Capital Goods

Some Sri Lanka IMF-agreed targets delayed with consensus: State FinMin

13-Jun-24

Economy

Sri Lanka has faced delays in enacting some laws required for IMF-led reforms

Some Sri Lanka’s IMF-agreed targets delayed with consensus: State FinMin Sri Lanka has faced delays in enacting some laws required for IMF-led reforms

NEGATIVE

Capital Goods

Sri Lanka in final stages of reaching in-principle deal with CDB: State Minister

13-Jun-24

Economy

Expects all bilateral creditor to wrap up final MOUs in June

Sri Lanka in final stages of reaching in-principle deal with CDB: State Minister Expects all bilateral creditor to wrap up final MOUs in June

NEGATIVE

Capital Goods

Sri Lanka rupee trades at 303.90/304.05 to US dollar

13-Jun-24

Bonds & Forex

Bond yields were broadly stable, stocks drop

Sri Lanka rupee trades at 303.90/304.05 to US dollar Bond yields were broadly stable, stocks drop

POSITIVE

Capital Goods

Sri Lanka Softlogic Rs10bn rights issue to settle debt

13-Jun-24

Stocks & Companies

Softlogic announced in March that it would infuse equity into the company

Sri Lanka’s Softlogic Rs10bn rights issue to settle debt Softlogic announced in March that it would infuse equity into the company

POSITIVE

Capital Goods

Sri Lanka to investigate SIS, CNI actions prior to Easter attack

13-Jun-24

Easter Sunday attacks

Whether adequate actions were taken by State Intelligence Service, Chief of National Intelligence

Sri Lanka to investigate SIS, CNI actions prior to Easter attack Whether adequate actions were taken by State Intelligence Service, Chief of National Intelligence

NEGATIVE

Capital Goods

IMF approves Sri Lanka review, calls for monetary policy for stability

13-Jun-24

Economy

Monetary policy should continue prioritizing price stability

IMF approves Sri Lanka review, calls for monetary policy for stability Monetary policy should continue prioritizing price stability

NEGATIVE

Other

Conflict left in Sri Lanka constitution to avoid referendum

13-Jun-24

Legal

It leaves an ambiguity at best and a loophole at worst

Conflict left in Sri Lanka constitution to avoid referendum It leaves an ambiguity at best and a loophole at worst

NEGATIVE

Other

Sri Lanka plantations to battle state directed wage hike in courts

13-Jun-24

Business

May hurt the ability to service bank loans

Sri Lanka plantations to battle state directed wage hike in courts May hurt the ability to service bank loans

NEGATIVE

Other

Sri Lanka's 6-year Presidential term: problem in drafting 19th amendment explained

12-Jun-24

Legal

Drafting team had to work within President Sirisena's manifesto which promised only changes without a referendum

Sri Lanka's 6-year Presidential term: problem in drafting 19th amendment explained Drafting team had to work within President Sirisena's manifesto which promised only changes without a referendum

NEGATIVE

Other

IMF approves Sri Lanka program review, Foreign Minister Sabry says

12-Jun-24

Economy

.

IMF approves Sri Lanka program review, Foreign Minister Sabry says .

POSITIVE

Other

Sri Lanka president needs referendum to extend his tenure: Justice Minister

12-Jun-24

Politics

Presidential election will be held between September 17 and October 16, the Election Commission has announced

Sri Lanka president needs referendum to extend his tenure: Justice Minister Presidential election will be held between September 17 and October 16, the Election Commission has announced

NEGATIVE

Other

Sri Lanka to amend criminal code to strengthen laws against sexual assault

12-Jun-24

Crime

The draft Bill will be submitted to Parliament for approval.

Sri Lanka to amend criminal code to strengthen laws against sexual assault The draft Bill will be submitted to Parliament for approval.

POSITIVE

Other

Sri Lanka rupee closes weaker at 303.80/304.00 to US dollar

12-Jun-24

Bonds & Forex

Bond yields were up.

Sri Lanka rupee closes weaker at 303.80/304.00 to US dollar Bond yields were up.

NEGATIVE

Other

Sri Lanka stocks close marginally down, leasing companies see interest

12-Jun-24

Stocks & Companies

Turnover was 1.6 billion. Index heavyweights, diversified financials and consumer sectors contributed the most.

Sri Lanka stocks close marginally down, leasing companies see interest Turnover was 1.6 billion. Index heavyweights, diversified financials and consumer sectors contributed the most.

NEGATIVE

Other

Renovation in Sri Lanka’s Northern rail track to reduce Colombo-Jaffna train time to 5.5 hours

12-Jun-24

Transport

Renovations started in January with Indian financial assistance

Renovation in Sri Lanka’s Northern rail track to reduce Colombo-Jaffna train time to 5.5 hours Renovations started in January with Indian financial assistance

POSITIVE

Transportation

Singapore-based Aditya Birla awarded Sri Lanka CPC’s 1.5 mln barrel 92 Unl petrol supply

12-Jun-24

Energy

The firm was chosen from bids called to supply five shipments in six months

Singapore-based Aditya Birla awarded Sri Lanka CPC’s 1.5 mln barrel 92 Unl petrol supply The firm was chosen from bids called to supply five shipments in six months

NEGATIVE

Other

Sri Lanka Treasuries yields higher, Rs215bn sold

12-Jun-24

Bonds & Forex

The 12-month bill yield went up 27 basis points to 9.54 percent

Sri Lanka Treasuries yields higher, Rs215bn sold The 12-month bill yield went up 27 basis points to 9.54 percent

NEGATIVE

Other

Sri Lanka to implement national tariff policy in three phases from 2025

12-Jun-24

Trade

"Various policies introduced from time to time by the existing governments,"

Sri Lanka to implement national tariff policy in three phases from 2025 "Various policies introduced from time to time by the existing governments,"

POSITIVE

Other

Sri Lanka to begin free trade agreement negotiations with Malaysia

12-Jun-24

Trade

Free trade deals with Asia and Pacific have generated sharply more exports than imports

Sri Lanka to begin free trade agreement negotiations with Malaysia Free trade deals with Asia and Pacific have generated sharply more exports than imports

POSITIVE

Other

Sri Lanka Railways explores leasing space above stations, increasing goods trains to boost revenue

12-Jun-24

Transport

Sri Lanka Railways has yet to make profit despite ticket price hike in 2022

Sri Lanka Railways explores leasing space above stations, increasing goods trains to boost revenue Sri Lanka Railways has yet to make profit despite ticket price hike in 2022

NEGATIVE

Transportation

Startup Genome ranks Sri Lanka among world’s top 10 for affordable talent

12-Jun-24

ICT

Ranking was made in the latest Global Startup Ecosystem Report 2024

Startup Genome ranks Sri Lanka among world’s top 10 for affordable talent Ranking was made in the latest Global Startup Ecosystem Report 2024

POSITIVE

Other

Sri Lanka optimistic ahead of IMF review: State minister

12-Jun-24

Economic Crisis

"We remain optimistic that our international partners will continue to support Sri Lanka's efforts,"

Sri Lanka optimistic ahead of IMF review: State minister "We remain optimistic that our international partners will continue to support Sri Lanka's efforts,"

POSITIVE

Other

Sri Lanka rupee weakens further at 303.75/304.00 to US dollar

12-Jun-24

Bonds & Forex

Bond yields were broadly stable, stocks up.

Sri Lanka rupee weakens further at 303.75/304.00 to US dollar Bond yields were broadly stable, stocks up.

NEGATIVE

Other

Vidullanka, WindForce joint venture signs purchase agreement with solar plant

12-Jun-24

Energy

Power purchase agreement for the development of a 10 megawatt Vavunathivu II solar power project in Batticaloa

Vidullanka, WindForce joint venture signs purchase agreement with solar plant Power purchase agreement for the development of a 10 megawatt Vavunathivu II solar power project in Batticaloa

POSITIVE

Other

Sri Lanka Labor Ministry, ILO, IOM discuss labour reforms

12-Jun-24

Employment

Ministry, International Labor Organization, International Organization for Migration to train care workers

Sri Lanka Labor Ministry, ILO, IOM discuss labour reforms Ministry, International Labor Organization, International Organization for Migration to train care workers

POSITIVE

Other

AKD on Sri Lanka's ethnic issue: NPP concerned with future, not past

11-Jun-24

Politics

The NPP leader did not elaborate on the meaning of "right to make decisions for themselves".

AKD on Sri Lanka's ethnic issue: NPP concerned with future, not past The NPP leader did not elaborate on the meaning of "right to make decisions for themselves".

NEGATIVE

Other

Sri Lanka environmentalists, Bishop file FR petition over Indian Adani's Mannar wind power deal

11-Jun-24

Energy

Already Mannar project is challenged in the Supreme Court by Sri Lanka's Wildlife and Nature Protection Society

Sri Lanka environmentalists, Bishop file FR petition over Indian Adani's Mannar wind power deal Already Mannar project is challenged in the Supreme Court by Sri Lanka's Wildlife and Nature Protection Society

NEGATIVE

Other

NPP says will honour debt obligations, Sri Lanka must restructure debt

11-Jun-24

Politics

"To come out of this crisis, we really must go for a debt restructuring," he said.

NPP says will honour debt obligations, Sri Lanka must restructure debt "To come out of this crisis, we really must go for a debt restructuring," he said.

NEGATIVE

Other

Sri Lanka to promote sea cucumber hatcheries due to demand: Minister

11-Jun-24

Fisheries

“They are like black gold,” Devananda said.

Sri Lanka to promote sea cucumber hatcheries due to demand: Minister “They are like black gold,” Devananda said.

NEGATIVE

Other

Sri Lanka looks for investment for ship building, repairing in Oluvil commercial harbour

11-Jun-24

Investment

The port has not been in operation for almost a decade due to sand deposits at the entrance

Sri Lanka looks for investment for ship building, repairing in Oluvil commercial harbour The port has not been in operation for almost a decade due to sand deposits at the entrance

NEGATIVE

Other

Sri Lanka planters demand justice after Minister storms estate, drunken gang takes staff hostage

11-Jun-24

Business

Ministers denies anyone was taken hostage

Sri Lanka planters demand justice after Minister storms estate, drunken gang takes staff hostage Ministers denies anyone was taken hostage

NEGATIVE

Other

Jaishankar to visit Sri Lanka ahead of Indian Prime Minister: President

11-Jun-24

International Relations

"Plans to visit Sri Lanka soon to oversee progress and coordinate Prime Minister Modi’s visit,"

Jaishankar to visit Sri Lanka ahead of Indian Prime Minister: President "Plans to visit Sri Lanka soon to oversee progress and coordinate Prime Minister Modi’s visit,"

POSITIVE

Other

India should act strictly on fishermen poaching, bottom trawling in Sri Lankan sea: Minister

11-Jun-24

Free Speech

Northern fishermen have chosen Chinese assisted sea cucumber farming after their livelihood hit by bottom trawling

India should act strictly on fishermen poaching, bottom trawling in Sri Lankan sea: Minister Northern fishermen have chosen Chinese assisted sea cucumber farming after their livelihood hit by bottom trawling

NEGATIVE

Agricultural Raw Materials

Sri Lanka rupee closes weaker at 303.50/75 to US dollar

11-Jun-24

Bonds & Forex

Bond yields were up ahead of the auction.

Sri Lanka rupee closes weaker at 303.50/75 to US dollar Bond yields were up ahead of the auction.

NEGATIVE

Other

Sri Lanka stocks close up, Hayleys top traded

11-Jun-24

Stocks & Companies

Turnover was 3.7 billion. A large part of this came from Hayleys Plc (Rs1bn). The share closed up at 105.25.

Sri Lanka stocks close up, Hayleys top traded Turnover was 3.7 billion. A large part of this came from Hayleys Plc (Rs1bn). The share closed up at 105.25.

NEGATIVE

Other

Sri Lanka's CEB submits electricity price revision to PUCSL

11-Jun-24

Energy

Proposal for reductions on energy charges for domestic, religious, general purpose and government sectors

Sri Lanka's CEB submits electricity price revision to PUCSL Proposal for reductions on energy charges for domestic, religious, general purpose and government sectors

NEGATIVE

Other

Constitutional Error Could Give Ranil and Parliament Another Year

11-Jun-24

Political News

Wording implies referendum not required

Constitutional Error Could Give Ranil and Parliament Another Year Wording implies referendum not required

NEGATIVE

Other

Sri Lanka's MAS Holdings signs agreement to buy Ambercycle material

11-Jun-24

Apparel

Three-year offtake agreement to buy recycled material.

Sri Lanka's MAS Holdings signs agreement to buy Ambercycle material Three-year offtake agreement to buy recycled material.

NEGATIVE

Other

Sajith on sharing police, land powers: Will implement "13; not 13 minus or 13 plus"

11-Jun-24

Politics

"I was talking of 13 and not of 13 minus or 13 plus. It was about 13 that I spoke."

Sajith on sharing police, land powers: Will implement "13; not 13 minus or 13 plus" "I was talking of 13 and not of 13 minus or 13 plus. It was about 13 that I spoke."

NEGATIVE

Other

Sri Lanka drafts patient safety and well-being charter

11-Jun-24

Health

Prepared by a panel of experts on the advice and guidance of the World Health Organization.

Sri Lanka drafts patient safety and well-being charter Prepared by a panel of experts on the advice and guidance of the World Health Organization.

POSITIVE

Other

Russia to stop recruiting Sri Lankans for Ukraine war: FM after meeting Lavrov

11-Jun-24

Business

Addressed issues concerning ex-Sri Lankan servicemen in the Russian military

Russia to stop recruiting Sri Lankans for Ukraine war: FM after meeting Lavrov Addressed issues concerning ex-Sri Lankan servicemen in the Russian military

NEGATIVE

Other

Sri Lanka draft MOUs with bilateral lenders being exchanged, clarified: State Minister

11-Jun-24

Economy

When they are submitted, they exchange it with their membership

Sri Lanka draft MOUs with bilateral lenders being exchanged, clarified: State Minister When they are submitted, they exchange it with their membership

NEGATIVE

Other

Sri Lanka rupee opens weaker at 303.25/75 to US dollar

11-Jun-24

Bonds & Forex

Bond yields and stocks were up

Sri Lanka rupee opens weaker at 303.25/75 to US dollar Bond yields and stocks were up

NEGATIVE

Other

Sri Lanka's CPC makes Rs120bn profit in 2023 after Rs884bn tax-payer injection

11-Jun-24

Economy

Govt takes over debt owed to state banks

Sri Lanka's CPC makes Rs120bn profit in 2023 after Rs884bn tax-payer injection Govt takes over debt owed to state banks

NEGATIVE

Other

Any future Sri Lankan government will have to comply with IMF deal: Cabinet Spokesman

10-Jun-24

Economic Crisis

Sri Lanka is facing a political uncertainty due to elections later this year.

Any future Sri Lankan government will have to comply with IMF deal: Cabinet Spokesman Sri Lanka is facing a political uncertainty due to elections later this year.

NEGATIVE

Other

SriLankan drops pepper & salt from economy class dish, makes on demand after survey

10-Jun-24

Aviation

Pepper & salt still served for business class passengers

SriLankan drops pepper & salt from economy class dish, makes on demand after survey Pepper & salt still served for business class passengers

NEGATIVE

Other

Sri Lanka's Vidullanka, SEL Tech to develop 4.9mw solar power plant in Hambantota

10-Jun-24

Energy

SEL Tech International (Pvt) Limited to jointly develop 4.9 MW Beliatha solar power

Sri Lanka's Vidullanka, SEL Tech to develop 4.9mw solar power plant in Hambantota SEL Tech International (Pvt) Limited to jointly develop 4.9 MW Beliatha solar power

POSITIVE

Other

Sri Lanka rupee closes weaker at 303.20/50 to US dollar

10-Jun-24

Bonds & Forex

Bond yields were broadly stable.

Sri Lanka rupee closes weaker at 303.20/50 to US dollar Bond yields were broadly stable.

POSITIVE

Other

Sri Lanka to send 6,000 workers to Japan

10-Jun-24

Employment

“We are sending caregivers, construction workers, and workers in the agriculture sector to Japan,”

Sri Lanka to send 6,000 workers to Japan “We are sending caregivers, construction workers, and workers in the agriculture sector to Japan,”

POSITIVE

Capital Goods

Sri Lanka stocks close up ahead of IMF review

10-Jun-24

Stocks & Companies

Turnover was 1.6 billion. A large part of this came from capital goods stocks (Rs734mn).

Sri Lanka stocks close up ahead of IMF review Turnover was 1.6 billion. A large part of this came from capital goods stocks (Rs734mn).

NEGATIVE

Other

Half of Sajith's people will join RW after poll date announcement: UNP spox

10-Jun-24

Politics

"There are no alternatives. President Wickremesinghe is the only leader that can develop the country."

Half of Sajith's people will join RW after poll date announcement: UNP spox "There are no alternatives. President Wickremesinghe is the only leader that can develop the country."

NEGATIVE

Other

AKD pledges to dissolve Sri Lanka parliament immediately upon election as president

10-Jun-24

Uncategorized

The next parliament will have 120 to 130 MPs from the NPP, he added.

AKD pledges to dissolve Sri Lanka parliament immediately upon election as president The next parliament will have 120 to 130 MPs from the NPP, he added.

NEGATIVE

Other

Sri Lanka, Bangladesh discuss FTA, agriculture modernization, ferry and private investment

10-Jun-24

Business

Hasina pledged to direct private investors from Bangladesh towards investment opportunities in Sri Lanka

Sri Lanka, Bangladesh discuss FTA, agriculture modernization, ferry and private investment Hasina pledged to direct private investors from Bangladesh towards investment opportunities in Sri Lanka

POSITIVE

Agricultural Raw Materials

Divesting SOEs can generate greater profits through taxation: Sri Lanka restructuring unit

10-Jun-24

Fiscal

"Taxes yield greater benefit to the public with far less financial cost and resources,"

Divesting SOEs can generate greater profits through taxation: Sri Lanka restructuring unit "Taxes yield greater benefit to the public with far less financial cost and resources,"

NEGATIVE

Other

Sri Lanka, India reaffirm commitment to strengthening ties

10-Jun-24

International Relations

"Sri Lanka is an important partner in our Neighbourhood First policy. India is proud to be a dependable partner"

Sri Lanka, India reaffirm commitment to strengthening ties "Sri Lanka is an important partner in our Neighbourhood First policy. India is proud to be a dependable partner"

POSITIVE

Other

Sajith says SJB government will implement Sri Lanka's 13th amendment

10-Jun-24

Politics

"The people say enough talk, make it happen."

Sajith says SJB government will implement Sri Lanka's 13th amendment "The people say enough talk, make it happen."

POSITIVE

Other

Sri Lanka will be able to better penetrate India market with ECTA: ILCCI chief

10-Jun-24

Business

"This is a golden opportunity for us to integrate our economies"

Sri Lanka will be able to better penetrate India market with ECTA: ILCCI chief "This is a golden opportunity for us to integrate our economies"

POSITIVE

Other

Fitch rates Sri Lanka's Commercial Bank 20bn debenture issue 'BBB+(lka)'

10-Jun-24

Stocks & Companies

The rating is two notches below the bank's National Long-Term Rating anchor

Fitch rates Sri Lanka's Commercial Bank 20bn debenture issue 'BBB+(lka)' The rating is two notches below the bank's National Long-Term Rating anchor

NEGATIVE

Other

Sri Lanka tea prices fall for third consecutive week

10-Jun-24

Business

Highest priced teas fall

Sri Lanka tea prices fall for third consecutive week Highest priced teas fall

NEGATIVE

Other

Sri Lanka's CAL enhances digital platform for stocks, Treasuries, unit trusts

10-Jun-24

Bonds & Forex

A dummy investment tool to simulate investments is also provided

Sri Lanka's CAL enhances digital platform for stocks, Treasuries, unit trusts A dummy investment tool to simulate investments is also provided

POSITIVE

Other

Sri Lanka rupee opens at 302.80/95 to US dollar

10-Jun-24

Bonds & Forex

Bond yields were broadly steady

Sri Lanka rupee opens at 302.80/95 to US dollar Bond yields were broadly steady

POSITIVE

Other

Sri Lanka Ports Authority cadre slashed, makes payment to Treasury

10-Jun-24

Economy

Makes Rs8.6bn levy to the Treasury to settle earlier dues

Sri Lanka Ports Authority cadre slashed, makes payment to Treasury Makes Rs8.6bn levy to the Treasury to settle earlier dues

NEGATIVE

Other

Sri Lanka President, South Asia leaders at Indian PM's swearing in

9-Jun-24

Political News

Prime Minister Modi won a third consecutive term as prime minister of India

Sri Lanka President, South Asia leaders at Indian PM's swearing in Prime Minister Modi won a third consecutive term as prime minister of India

POSITIVE

Other

Sri Lanka central bank avoids negative equity with imputed values for restructured bonds

9-Jun-24

Economy

Step down re-structured bond are not traded

Sri Lanka central bank avoids negative equity with imputed values for restructured bonds Step down re-structured bond are not traded

NEGATIVE

Other

Trupti Mehta – A Pioneer in Winning Land Rights for Indigenous Communities

9-Jun-24

Political News

The road to that change has neither been easy, nor short

Trupti Mehta – A Pioneer in Winning Land Rights for Indigenous Communities The road to that change has neither been easy, nor short

POSITIVE

Other

Sri Lanka's gross forex reserves marginally down in May

8-Jun-24

Economy

Though gross reserves fell, it is not clear whether net reserves fell

Sri Lanka's gross forex reserves marginally down in May Though gross reserves fell, it is not clear whether net reserves fell

NEGATIVE

Other

Sri Lanka, Maldives to increase ties in trade, tourism, energy

8-Jun-24

Trade

Maldives wants to recruit Sri Lankan teachers and doctors

Sri Lanka, Maldives to increase ties in trade, tourism, energy Maldives wants to recruit Sri Lankan teachers and doctors

NEGATIVE

Other

Sri Lanka’s May tourism revenue rise 54-pct, arrivals up 35-pct

8-Jun-24

Tourism

VFS Global expensive visa entry fee is widely expected to hit future arrivals, revenue

Sri Lanka’s May tourism revenue rise 54-pct, arrivals up 35-pct VFS Global expensive visa entry fee is widely expected to hit future arrivals, revenue

NEGATIVE

Other

EXPLAINER: Implications of Modi’s narrow election victory for Sri Lanka

8-Jun-24

Defence

India seen pushing its policies, deals towards Sri Lanka without any significant change

EXPLAINER: Implications of Modi’s narrow election victory for Sri Lanka India seen pushing its policies, deals towards Sri Lanka without any significant change

NEGATIVE

Other

Sri Lanka May 2024 remittances rise 13.5-pct to $544mn

8-Jun-24

Economy

Remittances have improved after the central bank gave up parallel exchange rate policy

Sri Lanka May 2024 remittances rise 13.5-pct to $544mn Remittances have improved after the central bank gave up parallel exchange rate policy

POSITIVE

Other

Sri Lanka’s anti-graft body challenges Public Financial Management Bill in Supreme Court

7-Jun-24

Courts

Bill's procurement provisions violate sovereignty of people right to equal protection of the law: TISL

Sri Lanka’s anti-graft body challenges Public Financial Management Bill in Supreme Court Bill's procurement provisions violate sovereignty of people right to equal protection of the law: TISL

NEGATIVE

Other

Sri Lanka tourist promotion officials reject VFS Global half million dollar offer: Harin

7-Jun-24

Business

We said we cannot do that

Sri Lanka tourist promotion officials reject VFS Global half million dollar offer: Harin We said we cannot do that

NEGATIVE

Other

Sri Lanka rupee closes stronger at 302.70/80 to US dollar

7-Jun-24

Bonds & Forex

Bond yields were steady.

Sri Lanka rupee closes stronger at 302.70/80 to US dollar Bond yields were steady.

POSITIVE

Other

Vietnam envoy pays farewell call on Sri Lanka Prime Minister

7-Jun-24

International Relations

Sri Lanka and Vietnam have the potential for closer engagement, Truc has said.

Vietnam envoy pays farewell call on Sri Lanka Prime Minister Sri Lanka and Vietnam have the potential for closer engagement, Truc has said.

POSITIVE

Other

Sri Lanka Chamber commends Electricity Law, cautions on regulator autonomy

7-Jun-24

Power

Expected to enhance efficiency, promote competition, and attract much-needed investment into the electricity sector

Sri Lanka Chamber commends Electricity Law, cautions on regulator autonomy Expected to enhance efficiency, promote competition, and attract much-needed investment into the electricity sector

POSITIVE

Other

Sri Lanka stocks close up, buying interest picks up

7-Jun-24

Stocks & Companies

Turnover was 1.2 billion. A large part of this came from banking stocks (Rs574mn).

Sri Lanka stocks close up, buying interest picks up Turnover was 1.2 billion. A large part of this came from banking stocks (Rs574mn).

NEGATIVE

Other

Sri Lanka looks to remove obstacles in toddy export

7-Jun-24

Agriculture

Large market abroad for toddy, kithul, palm and coconut related products.

Sri Lanka looks to remove obstacles in toddy export Large market abroad for toddy, kithul, palm and coconut related products.

POSITIVE

Other

Sri Lanka COPF chief under threat over VFS Global deal probe

7-Jun-24

Business

Members representing the government are threatening him when he is examining the VFS deal

Sri Lanka COPF chief under threat over VFS Global deal probe Members representing the government are threatening him when he is examining the VFS deal

NEGATIVE

Other

Sri Lanka Police try humour to get message across social media

7-Jun-24

Security

A series of tweets with popular culture references

Sri Lanka Police try humour to get message across social media A series of tweets with popular culture references

NEGATIVE

Other

Sri Lanka's Lankem to open fertilizer plant

7-Jun-24

Agriculture

Commercial operations are expected to commence by the end of the year.

Sri Lanka's Lankem to open fertilizer plant Commercial operations are expected to commence by the end of the year.

POSITIVE

Other

Sri Lanka eyes mammoth 4,000 workforce to man elephant fences

7-Jun-24

Agriculture

Looking to recruit a new workforce of at least 4,000 multipurpose development officers

Sri Lanka eyes mammoth 4,000 workforce to man elephant fences Looking to recruit a new workforce of at least 4,000 multipurpose development officers

NEGATIVE

Other

Sri Lanka rupee opens stronger at 302.55/65 to US dollar

7-Jun-24

Bonds & Forex

In the secondary market, yields were slightly down, dealers said.

Sri Lanka rupee opens stronger at 302.55/65 to US dollar In the secondary market, yields were slightly down, dealers said.

NEGATIVE

Other

IMF says Sri Lanka has made "sufficiently strong progress" on debt for June review

7-Jun-24

Economy

Discussions with external bondholders continue with the aim of reaching agreements in principle soon

IMF says Sri Lanka has made "sufficiently strong progress" on debt for June review Discussions with external bondholders continue with the aim of reaching agreements in principle soon

POSITIVE

Other

Sri Lanka legislators slam 49 renewables plants without tender, Adani deal

7-Jun-24

Energy

Mannar competitive tender halted

Sri Lanka legislators slam 49 renewables plants without tender, Adani deal Mannar competitive tender halted

NEGATIVE

Other

Sri Lanka's Hatton National Bank 'A(lka)' rating confirmed, ISB assets 10-pct

6-Jun-24

Stocks & Companies

HNB's high risk profile, similar to peers, stems from its large exposure to sovereign risk

Sri Lanka's Hatton National Bank 'A(lka)' rating confirmed, ISB assets 10-pct HNB's high risk profile, similar to peers, stems from its large exposure to sovereign risk

NEGATIVE

Other

Sri Lanka's Commercial Bank 'A(lka)' rating confirmed: ISB assets 7-pct

6-Jun-24

Banking

The bank's impaired loan ratio broadly remained unchanged in the first quarter of 2024 11.4-pct at end-2023.

Sri Lanka's Commercial Bank 'A(lka)' rating confirmed: ISB assets 7-pct The bank's impaired loan ratio broadly remained unchanged in the first quarter of 2024 11.4-pct at end-2023.

NEGATIVE

Other

Sri Lanka to allocate foreign job quota for retired soldiers after deaths in Russia-Ukraine war

6-Jun-24

Defence

Sri Lanka has been trying to bring back retired military personnel who have joined Russian-Ukraine war for money

Sri Lanka to allocate foreign job quota for retired soldiers after deaths in Russia-Ukraine war Sri Lanka has been trying to bring back retired military personnel who have joined Russian-Ukraine war for money

NEGATIVE

Other

Sri Lanka Bank of Ceylon 'A(lka)' rating confirmed

6-Jun-24

Stocks & Companies

About 60 percent of bank assets were exposed to the sovereign risk profile.

Sri Lanka Bank of Ceylon 'A(lka)' rating confirmed About 60 percent of bank assets were exposed to the sovereign risk profile.

NEGATIVE

Other

Sri Lanka parliament passes new electricity law

6-Jun-24

Energy

103 votes in favour

Sri Lanka parliament passes new electricity law 103 votes in favour

POSITIVE

Other

Sri Lanka's Hatton National Bank 'A(lka)' rating confirmed, ISB assets 10-pct

6-Jun-24

Stocks & Companies

HNB's high risk profile, similar to peers, stems from its large exposure to sovereign risk

Sri Lanka's Hatton National Bank 'A(lka)' rating confirmed, ISB assets 10-pct HNB's high risk profile, similar to peers, stems from its large exposure to sovereign risk

NEGATIVE

Other

Sri Lanka's Commercial Bank 'A(lka)' rating confirmed: ISB assets 7-pct

6-Jun-24

Banking

The bank's impaired loan ratio broadly remained unchanged in the first quarter of 2024 11.4-pct at end-2023.

Sri Lanka's Commercial Bank 'A(lka)' rating confirmed: ISB assets 7-pct The bank's impaired loan ratio broadly remained unchanged in the first quarter of 2024 11.4-pct at end-2023.

NEGATIVE

Other