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Sri Lanka retail sales picking up, private credit expected to follow: CB Governor | 29-May-24 | Economy | Central bank would like to see new lending rates fall | Sri Lanka retail sales picking up, private credit expected to follow: CB Governor Central bank would like to see new lending rates fall | NEGATIVE | Other |
Sri Lanka tightens governance of state banks, limits lending to SOEs | 29-May-24 | Banking | Special unit to be set up at the Finance Ministry to monitor state banks | Sri Lanka tightens governance of state banks, limits lending to SOEs Special unit to be set up at the Finance Ministry to monitor state banks | NEGATIVE | Other |
Sri Lanka's Commercial Bank in rights issue to raise Rs22bn | 28-May-24 | Banking | 1 for 5 voting at Rs85 and 1 for 5 non-voting at Rs69. | Sri Lanka's Commercial Bank in rights issue to raise Rs22bn 1 for 5 voting at Rs85 and 1 for 5 non-voting at Rs69. | NEGATIVE | Other |
Sri Lanka minority shareholders of Expolanka Holdings Plc challenge de-listing | 28-May-24 | Stocks & Companies | Nine minority shareholders of Expolanka Holdings PLC holding approximately 0.012% of shares , have filed appeal | Sri Lanka minority shareholders of Expolanka Holdings Plc challenge de-listing Nine minority shareholders of Expolanka Holdings PLC holding approximately 0.012% of shares , have filed appeal | NEGATIVE | Other |
Sri Lanka rupee closes weaker at 301.70/302.30 to US dollar | 28-May-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee closes weaker at 301.70/302.30 to US dollar Bond yields were broadly steady. | POSITIVE | Other |
Sri Lanka stocks close down, selling pressure on banks and bluechips | 28-May-24 | Stocks & Companies | Sampath Bank Plc which closed down at 77.80, saw the most active volumes traded in the day. | Sri Lanka stocks close down, selling pressure on banks and bluechips Sampath Bank Plc which closed down at 77.80, saw the most active volumes traded in the day. | NEGATIVE | Other |
Sri Lanka risks foreign retaliation over VFS visa deal | 28-May-24 | Economy | SriLankan enjoy visa exemption status to Maldives and Singapore | Sri Lanka risks foreign retaliation over VFS visa deal SriLankan enjoy visa exemption status to Maldives and Singapore | NEGATIVE | Other |
Sri Lanka govt distances itself from UNP call for postponing elections | 28-May-24 | Politics | "Is Mr Palitha Range Bandara the government? He is the UNP secretary," the minister said. | Sri Lanka govt distances itself from UNP call for postponing elections "Is Mr Palitha Range Bandara the government? He is the UNP secretary," the minister said. | NEGATIVE | Other |
Sri Lanka Samurdhi banks, societies to be subjected to government audit | 28-May-24 | Finance | Samurdhi Act to be amended to bring microfinance activities under National Audit Office | Sri Lanka Samurdhi banks, societies to be subjected to government audit Samurdhi Act to be amended to bring microfinance activities under National Audit Office | NEGATIVE | Other |
Sri Lanka merger of Ceylon Fertilizer, Colombo Commercial Fertilizer offers VRS scheme | 28-May-24 | Agriculture | Voluntary retirement scheme to be offered to 267 employees at a cost of 844 million rupees during the amalgamation | Sri Lanka merger of Ceylon Fertilizer, Colombo Commercial Fertilizer offers VRS scheme Voluntary retirement scheme to be offered to 267 employees at a cost of 844 million rupees during the amalgamation | NEGATIVE | Other |
Sri Lanka president's UNP proposes postponing elections by two years | 28-May-24 | Politics | Bandara said postponing the two elections would not be undemocratic | Sri Lanka president's UNP proposes postponing elections by two years Bandara said postponing the two elections would not be undemocratic | POSITIVE | Other |
Sri Lanka reforms have started to yield positive outcomes: State minister | 28-May-24 | Economic Crisis | "The Sri Lankan rupee has appreciated by approximately 8 % against the US dollar so far in 2024." | Sri Lanka reforms have started to yield positive outcomes: State minister "The Sri Lankan rupee has appreciated by approximately 8 % against the US dollar so far in 2024." | POSITIVE | Other |
Sri Lanka's WindForce Plc rated 'BBB+(lka) with stable outlook: Fitch | 28-May-24 | Stocks & Companies | "The rating reflects WindForce's large exposure to Ceylon Electricity Board (CEB, BB+(1ka)/Stable) as the key offtaker." | Sri Lanka's WindForce Plc rated 'BBB+(lka) with stable outlook: Fitch "The rating reflects WindForce's large exposure to Ceylon Electricity Board (CEB, BB+(1ka)/Stable) as the key offtaker." | NEGATIVE | Other |
Sri Lanka rupee opens broadly stable at 300.50/90 to US dollar | 28-May-24 | Bonds & Forex | Bond yields were steady. | Sri Lanka rupee opens broadly stable at 300.50/90 to US dollar Bond yields were steady. | POSITIVE | Other |
Sri Lanka keeps policy rates unchanged | 28-May-24 | Economy | . | Sri Lanka keeps policy rates unchanged . | POSITIVE | Other |
Sri Lanka plantations say state 'arbitrary' wage order will de-stabilize tea sector | 28-May-24 | Agriculture | Plantations say cost increase Rs35bn a year from mandated wages | Sri Lanka plantations say state 'arbitrary' wage order will de-stabilize tea sector Plantations say cost increase Rs35bn a year from mandated wages | NEGATIVE | Other |
Elon Musk to visit Sri Lanka at the end of this year: Ruwan Wijewardene | 28-May-24 | Sci-Tech | "This would open the door to more billionaires coming into the country" | Elon Musk to visit Sri Lanka at the end of this year: Ruwan Wijewardene "This would open the door to more billionaires coming into the country" | POSITIVE | Other |
Sri Lanka govt to take over tea estates that don't increase worker wages | 27-May-24 | Agriculture | Separate discussions have been held with estate owners and labour unions, he said. | Sri Lanka govt to take over tea estates that don't increase worker wages Separate discussions have been held with estate owners and labour unions, he said. | NEGATIVE | Other |
Sri Lanka's Ceylinco Insurance changes name | 27-May-24 | Insurance | The company offers insurance, education, hydropower, healthcare and financial services. | Sri Lanka's Ceylinco Insurance changes name The company offers insurance, education, hydropower, healthcare and financial services. | POSITIVE | Other |
Sri Lanka rupee closes weaker at 300.50/70 to US dollar | 27-May-24 | Bonds & Forex | Bond yields were slightly up. | Sri Lanka rupee closes weaker at 300.50/70 to US dollar Bond yields were slightly up. | NEGATIVE | Other |
Sri Lanka stocks close down ahead of monetary policy announcement | 27-May-24 | Stocks & Companies | Turnover was low at 494 million. | Sri Lanka stocks close down ahead of monetary policy announcement Turnover was low at 494 million. | NEGATIVE | Other |
Sri Lanka EDB, collaborators to pick 10 pioneering brands for capacity building | 27-May-24 | Trade | 10 pioneering Sri Lankan brands will be selected to showcase nation's dedication to sustainability, ethical practices | Sri Lanka EDB, collaborators to pick 10 pioneering brands for capacity building 10 pioneering Sri Lankan brands will be selected to showcase nation's dedication to sustainability, ethical practices | POSITIVE | Other |
Sri Lanka fishermen urged not to go to sea due to cyclone Remal | 27-May-24 | Weather and Climate | Naval, fishing communities advised not to venture into sea marked in red on the map until further notice | Sri Lanka fishermen urged not to go to sea due to cyclone Remal Naval, fishing communities advised not to venture into sea marked in red on the map until further notice | NEGATIVE | Other |
IORA Biz Conclave in Sri Lanka to focus on Blue Economy, SMEs | 27-May-24 | Business | Innovative financial approaches and private sector leadership are essential for a sustainable future | IORA Biz Conclave in Sri Lanka to focus on Blue Economy, SMEs Innovative financial approaches and private sector leadership are essential for a sustainable future | POSITIVE | Other |
Sri Lanka may run out hotel rooms for high-end tourists: Official | 27-May-24 | Tourism | "High-end hotels which are charging over 250-300 dollars a night are having very high occupancy at very high rates" | Sri Lanka may run out hotel rooms for high-end tourists: Official "High-end hotels which are charging over 250-300 dollars a night are having very high occupancy at very high rates" | NEGATIVE | Other |
Opposition claims Sri Lanka ruling party wants early parliamentary polls to prevent wipe-out | 27-May-24 | Politics | "I think President Wickremesinghewill himself reveal his plans next week or one of these days," said Fernando. | Opposition claims Sri Lanka ruling party wants early parliamentary polls to prevent wipe-out "I think President Wickremesinghewill himself reveal his plans next week or one of these days," said Fernando. | NEGATIVE | Other |
Sri Lanka's Dilith, Wimal, Gammanpila, Jayasumana launch new political formation | 27-May-24 | Politics | Leaders or representatives of all parties signed an agreement at Monday's event. | Sri Lanka's Dilith, Wimal, Gammanpila, Jayasumana launch new political formation Leaders or representatives of all parties signed an agreement at Monday's event. | POSITIVE | Other |
Sri Lanka Hayleys subsidiary Unisyst Engineering Plc delists from CSE | 27-May-24 | Stocks & Companies | Exit offer of Sri Lanka rupees six (LKR 6) per share | Sri Lanka Hayleys subsidiary Unisyst Engineering Plc delists from CSE Exit offer of Sri Lanka rupees six (LKR 6) per share | NEGATIVE | Capital Goods |
Sri Lanka rupee opens broadly stable at 300.15/50 to US dollar | 27-May-24 | Bonds & Forex | Bond yields were down | Sri Lanka rupee opens broadly stable at 300.15/50 to US dollar Bond yields were down | NEGATIVE | Other |
Sri Lanka shares, bank balances, land, vehicle owners tracked by Inland Revenue from July 01 | 27-May-24 | Economy | Information not to be used retrospectively, Minister says | Sri Lanka shares, bank balances, land, vehicle owners tracked by Inland Revenue from July 01 Information not to be used retrospectively, Minister says | NEGATIVE | Other |
Strong winds switch off 467,500 Sri Lanka electricity customers | 26-May-24 | Energy | By May 26 afternoon, power has been restored to about 425,000 customers. | Strong winds switch off 467,500 Sri Lanka electricity customers By May 26 afternoon, power has been restored to about 425,000 customers. | POSITIVE | Other |
Sri Lanka hotelier wants rupee to be unit of account to enable external trade | 26-May-24 | Economy | That is also more important, because the exchange rate will create price stability | Sri Lanka hotelier wants rupee to be unit of account to enable external trade That is also more important, because the exchange rate will create price stability | NEGATIVE | Other |
Sri Lanka tea production down 15-pct in April over scorching sun | 26-May-24 | Business | Medium growns fell from 4.51 to 3.55 and low growns fell to 13.32 from 14.92 million kilograms | Sri Lanka tea production down 15-pct in April over scorching sun Medium growns fell from 4.51 to 3.55 and low growns fell to 13.32 from 14.92 million kilograms | NEGATIVE | Other |
Truth behind Sri Lanka VFS visa deal to be exposed: Harsha | 26-May-24 | Business | COPF is committed to exposing the truth behind the controversial GBS/IVS tender | Truth behind Sri Lanka VFS visa deal to be exposed: Harsha COPF is committed to exposing the truth behind the controversial GBS/IVS tender | NEGATIVE | Other |
Call for sustainability in the Bay of Bengal | 26-May-24 | Environment | Bay of Bengal's coastline is home to nearly 1.4 billion people. | Call for sustainability in the Bay of Bengal Bay of Bengal's coastline is home to nearly 1.4 billion people. | POSITIVE | Other |
Sri Lanka power outages from falling trees worsened by unfilled vacancies: CEB union | 25-May-24 | Energy | Despite electricity being declared an essential service, vacancies have not been filled, the union charged | Sri Lanka power outages from falling trees worsened by unfilled vacancies: CEB union Despite electricity being declared an essential service, vacancies have not been filled, the union charged | NEGATIVE | Other |
Melco's Nuwa hotel to open in Sri Lanka in mid-2025 | 25-May-24 | Business | .The group's integrated resort is being re-branded City of Dreams', a brand of Melco | Melco's Nuwa hotel to open in Sri Lanka in mid-2025 .The group's integrated resort is being re-branded City of Dreams', a brand of Melco | NEGATIVE | Other |
Sri Lanka to find investors by 'competitive system' after revoking plantations privatizations | 24-May-24 | Economy | Sri Lanka privatized of 22 plantations companies in the 1990s through long term leases | Sri Lanka to find investors by 'competitive system' after revoking plantations privatizations Sri Lanka privatized of 22 plantations companies in the 1990s through long term leases | NEGATIVE | Other |
300 out of 1,200 Sri Lanka central bank staff works on EPF: CB Governor | 24-May-24 | Fiscal | The EPF had come under fire in the past over questionable investments in stocks and also bonds. | 300 out of 1,200 Sri Lanka central bank staff works on EPF: CB Governor The EPF had come under fire in the past over questionable investments in stocks and also bonds. | NEGATIVE | Other |
Desperate Sri Lankans seek risky foreign jobs amid tough IMF reforms | 24-May-24 | Economic Crisis | Around 700,000 Sri Lankans have left the country for foreign jobs legally in 27 months through March 2024 | Desperate Sri Lankans seek risky foreign jobs amid tough IMF reforms Around 700,000 Sri Lankans have left the country for foreign jobs legally in 27 months through March 2024 | NEGATIVE | Other |
Sri Lanka state interference in plantation wages escalates into land grab threat | 24-May-24 | Agriculture | Committee to examine whether the companies can pay the salary or not | Sri Lanka state interference in plantation wages escalates into land grab threat Committee to examine whether the companies can pay the salary or not | NEGATIVE | Other |
Sri Lanka CHEC Port City project completion date extended | 23-May-24 | Business | Period of implementation of the Project will be extended to June 5, 2027 with the signing of a supplementary agreement | Sri Lanka CHEC Port City project completion date extended Period of implementation of the Project will be extended to June 5, 2027 with the signing of a supplementary agreement | POSITIVE | Other |
Sri Lanka eyes private battery systems to counter renewable power instability | 23-May-24 | Energy | The batteries are planned for 2024-2030 period | Sri Lanka eyes private battery systems to counter renewable power instability The batteries are planned for 2024-2030 period | NEGATIVE | Other |
Sri Lanka plans golf course in Chilaw | 23-May-24 | Business | Iranawila and Chilaw will be developed as a tourism hub | Sri Lanka plans golf course in Chilaw Iranawila and Chilaw will be developed as a tourism hub | POSITIVE | Other |
Japan to provide HR scholarships to Sri Lanka public officials | 23-May-24 | Government services | Japanese assistance for human resource development training for senior public officials | Japan to provide HR scholarships to Sri Lanka public officials Japanese assistance for human resource development training for senior public officials | POSITIVE | Other |
Sri Lanka plans to expand Bingiriya export zone to 1,100 acres | 23-May-24 | Business | More than 600 acres would be acquired | Sri Lanka plans to expand Bingiriya export zone to 1,100 acres More than 600 acres would be acquired | NEGATIVE | Other |
Sri Lanka has power breakdowns amidst extreme weather | 23-May-24 | Accidents | 36,900 breakdowns resulting in power interruptions to more than 300,000 consumers in the last three days due to weather | Sri Lanka has power breakdowns amidst extreme weather 36,900 breakdowns resulting in power interruptions to more than 300,000 consumers in the last three days due to weather | NEGATIVE | Other |
Sri Lanka President calls for unity, sacrificing for a better tomorrow on Vesak day | 23-May-24 | Culture | We must remember the advice of Lord Buddha, “Sabbattha Sammanaso,” to treat everyone equally | Sri Lanka President calls for unity, sacrificing for a better tomorrow on Vesak day We must remember the advice of Lord Buddha, “Sabbattha Sammanaso,” to treat everyone equally | POSITIVE | Other |
Sri Lanka to host foreign artistes, Sigiriya fashion show to promote tourism | 23-May-24 | Business | We will be hosting a few international artists in July to August | Sri Lanka to host foreign artistes, Sigiriya fashion show to promote tourism We will be hosting a few international artists in July to August | POSITIVE | Other |
Sri Lanka opposition drops bombshell on Mannar wind power tender | 22-May-24 | Energy | Sustainable Energy Authority blocked low price financial bids from being opened? | Sri Lanka opposition drops bombshell on Mannar wind power tender Sustainable Energy Authority blocked low price financial bids from being opened? | NEGATIVE | Other |
Ravi Jayasekera to continue as acting chief executive officer for Hemas | 22-May-24 | People | "The Board of Directors continues the search for a successor for the position of CEO" | Ravi Jayasekera to continue as acting chief executive officer for Hemas "The Board of Directors continues the search for a successor for the position of CEO" | POSITIVE | Other |
Sri Lanka to offer military tactics education to armed forces, retirees, civilians: President | 22-May-24 | Defence | "By 2030, we must be prepared to address emerging national security challenges." | Sri Lanka to offer military tactics education to armed forces, retirees, civilians: President "By 2030, we must be prepared to address emerging national security challenges." | POSITIVE | Other |
Govts, oppositions, religions, media have failed Sri Lanka's war victims: Amnesty chief | 22-May-24 | Politics | “The elections slated in the coming months will also have a major impact on the future of Sri Lanka." | Govts, oppositions, religions, media have failed Sri Lanka's war victims: Amnesty chief “The elections slated in the coming months will also have a major impact on the future of Sri Lanka." | NEGATIVE | Other |
75 pct of 436 adults surveyed say Sri Lanka headed in wrong direction | 22-May-24 | Uncategorized | Three percent said it was on the right track. | 75 pct of 436 adults surveyed say Sri Lanka headed in wrong direction Three percent said it was on the right track. | NEGATIVE | Other |
Sri Lanka coconut auction prices soar 10-pct | 22-May-24 | Agriculture | Coconut prices have risen 12.9 percent over the past three weeks | Sri Lanka coconut auction prices soar 10-pct Coconut prices have risen 12.9 percent over the past three weeks | POSITIVE | Other |
Sri Lanka rupee closes weaker at 300.10/30 to US dollar | 22-May-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee closes weaker at 300.10/30 to US dollar Bond yields were broadly steady. | POSITIVE | Other |
Sri Lanka stocks close up, interest in banks and bluechips return | 22-May-24 | Stocks & Companies | Turnover was 1.4 billion. | Sri Lanka stocks close up, interest in banks and bluechips return Turnover was 1.4 billion. | NEGATIVE | Other |
Sri Lanka agriculture minister asks for potato import tax as people skip meals | 22-May-24 | Agriculture | "The prices are up because or production costs are high. That's why we can't compete with imports." | Sri Lanka agriculture minister asks for potato import tax as people skip meals "The prices are up because or production costs are high. That's why we can't compete with imports." | NEGATIVE | Food Products |
Sri Lanka to resume Suraksha student insurance | 22-May-24 | Education | Coverage across all types of schools, for students from low-income families earning less than 180,000 rupees annually | Sri Lanka to resume Suraksha student insurance Coverage across all types of schools, for students from low-income families earning less than 180,000 rupees annually | NEGATIVE | Other |
Sri Lanka opposition leader asks for jobs for unemployed graduates, more salaries | 22-May-24 | Economy | There was no information on how much more tax payer funds are needed to pay for additional state workers. | Sri Lanka opposition leader asks for jobs for unemployed graduates, more salaries There was no information on how much more tax payer funds are needed to pay for additional state workers. | NEGATIVE | Other |
Sri Lanka parliament observes one minute silence for late Iran President Raisi | 22-May-24 | Political News | A helicopter carrying President Raisi crashed into a hillside as he was returning from opening a dam | Sri Lanka parliament observes one minute silence for late Iran President Raisi A helicopter carrying President Raisi crashed into a hillside as he was returning from opening a dam | NEGATIVE | Other |
Sri Lanka rupee opens broadly stable at 299.70/80 to US dollar | 22-May-24 | Bonds & Forex | Bond yields were down. | Sri Lanka rupee opens broadly stable at 299.70/80 to US dollar Bond yields were down. | NEGATIVE | Other |
Sri Lanka financial literacy to combat fraud, cut indebtedness: CB Governor | 22-May-24 | Banking | Financially literate persons will make better savings and investment decisions | Sri Lanka financial literacy to combat fraud, cut indebtedness: CB Governor Financially literate persons will make better savings and investment decisions | NEGATIVE | Other |
Sri Lanka's Cinnamon Life begins marketing, accepts bookings | 22-May-24 | Business | Cinnamon Life hotel commenced accepting bookings for stays and banqueting functions | Sri Lanka's Cinnamon Life begins marketing, accepts bookings Cinnamon Life hotel commenced accepting bookings for stays and banqueting functions | NEGATIVE | Other |
Sri Lanka's JKH net up 123-pct in Dec quarter amid lower inflation | 22-May-24 | Markets | . | Sri Lanka's JKH net up 123-pct in Dec quarter amid lower inflation . | NEGATIVE | Other |
UN Report urges global justice, sanctions for Sri Lanka's disappeared victims | 21-May-24 | Human Rights | Sri Lanka Foreign Ministry says the OHCHR report is unwarranted, preposterous | UN Report urges global justice, sanctions for Sri Lanka's disappeared victims Sri Lanka Foreign Ministry says the OHCHR report is unwarranted, preposterous | NEGATIVE | Other |
Sri Lanka goods exports down 4.1-pct in April, services up 19-pct | 21-May-24 | Trade | Sri Lanka's merchandise exports fell 4.1 percent from a year ago to 813.81 million dollars in April 2024, | Sri Lanka goods exports down 4.1-pct in April, services up 19-pct Sri Lanka's merchandise exports fell 4.1 percent from a year ago to 813.81 million dollars in April 2024, | NEGATIVE | Other |
Sri Lanka chamber calls on political parties to support SOE reforms | 21-May-24 | Economic Crisis | Ceylon Chamber of Commerce has all political parties to support the continuity of SOE reform | Sri Lanka chamber calls on political parties to support SOE reforms Ceylon Chamber of Commerce has all political parties to support the continuity of SOE reform | POSITIVE | Other |
Sri Lanka rupee closes slightly stronger at 299.80/95 to US dollar | 21-May-24 | Stocks & Companies | Bond yields were down. | Sri Lanka rupee closes slightly stronger at 299.80/95 to US dollar Bond yields were down. | NEGATIVE | Other |
VFS Global hires GB Srithar as head of Tourism Services | 21-May-24 | People | “His expertise positions him to lead our efforts with our client governments to promote travel, trade, and tourism" | VFS Global hires GB Srithar as head of Tourism Services “His expertise positions him to lead our efforts with our client governments to promote travel, trade, and tourism" | POSITIVE | Other |
Sri Lanka Treasuries yields down, 3-months 8.76-pct | 21-May-24 | Bonds & Forex | Treasuries yields down across maturities | Sri Lanka Treasuries yields down, 3-months 8.76-pct Treasuries yields down across maturities | NEGATIVE | Other |
Sri Lanka stocks close down, John Keells sees interest | 21-May-24 | Stocks & Companies | Turnover was 1.3 billion. Capital goods brought in most of this. | Sri Lanka stocks close down, John Keells sees interest Turnover was 1.3 billion. Capital goods brought in most of this. | POSITIVE | Other |
Sri Lanka's progressive NPP claims credit for mobilising support for war | 21-May-24 | Politics | Lal Kantha was addressing a group of military veterans at an event in Ratnapura. | Sri Lanka's progressive NPP claims credit for mobilising support for war Lal Kantha was addressing a group of military veterans at an event in Ratnapura. | POSITIVE | Other |
Sri Lanka's Bank of Ceylon to divest subsidiary BOC Travels | 21-May-24 | Banking | BoC to divest 100 percent of its shareholding in its subsidiary B O C Travels (Private) Limited | Sri Lanka's Bank of Ceylon to divest subsidiary BOC Travels BoC to divest 100 percent of its shareholding in its subsidiary B O C Travels (Private) Limited | NEGATIVE | Other |
Sri Lanka Army discharges over 15,000 absentees from services after amnesty | 21-May-24 | Defence | Sri Lanka has planned to reduce army cadres by more than 50% in six years through 2030 | Sri Lanka Army discharges over 15,000 absentees from services after amnesty Sri Lanka has planned to reduce army cadres by more than 50% in six years through 2030 | NEGATIVE | Other |
Sri Lanka women borrowers trapped by ill-understood loan agreements: UN official | 21-May-24 | Economic Crisis | Women, often, were forced into signing agreements in a language they did not understand. | Sri Lanka women borrowers trapped by ill-understood loan agreements: UN official Women, often, were forced into signing agreements in a language they did not understand. | NEGATIVE | Other |
Sri Lanka rupee opens broadly stable at 299.65/85 to US dollar | 21-May-24 | Bonds & Forex | Bond yields were up. | Sri Lanka rupee opens broadly stable at 299.65/85 to US dollar Bond yields were up. | POSITIVE | Other |
How Sri Lanka's elections are decided by macro-economists and the IMF: Bellwether | 21-May-24 | Bellwether | Stabilization provide fertile grounds to elect the fringe | How Sri Lanka's elections are decided by macro-economists and the IMF: Bellwether Stabilization provide fertile grounds to elect the fringe | POSITIVE | Other |
Michelin delegation reviews Sri Lanka rubber de-forestation compliance | 20-May-24 | Trade | EU's Regulation on Deforestation Free Products (EUDR) seeks to guarantee products do not contribute to deforestation | Michelin delegation reviews Sri Lanka rubber de-forestation compliance EU's Regulation on Deforestation Free Products (EUDR) seeks to guarantee products do not contribute to deforestation | NEGATIVE | Other |
World Bank help to restructure US$800mn debt in Sri Lanka water sector | 20-May-24 | Government services | Access to credit enhancement schemes that will make new water projects transparent and affordable | World Bank help to restructure US$800mn debt in Sri Lanka water sector Access to credit enhancement schemes that will make new water projects transparent and affordable | POSITIVE | Other |
Sri Lanka President proposes global levy to help fund climate change | 20-May-24 | Weather and Climate | 10% levy on annual profits of global tax evasion assets, estimated at USD1.4tn, deposited in tax havens be charged | Sri Lanka President proposes global levy to help fund climate change 10% levy on annual profits of global tax evasion assets, estimated at USD1.4tn, deposited in tax havens be charged | NEGATIVE | Other |
World Bank to conduct energy transition discussion in Sri Lanka | 20-May-24 | Energy | Roundtable on Advancing Energy Transition to focus on attracting investments in renewable energy sector | World Bank to conduct energy transition discussion in Sri Lanka Roundtable on Advancing Energy Transition to focus on attracting investments in renewable energy sector | POSITIVE | Other |
Sri Lanka rupee opens slightly stronger at 299.40/70 to US dollar | 20-May-24 | Bonds & Forex | Bond yields were marginally down. | Sri Lanka rupee opens slightly stronger at 299.40/70 to US dollar Bond yields were marginally down. | NEGATIVE | Other |
Sri Lanka public finance law to limit primary spending at 13-pct GDP: Treasury Secy | 20-May-24 | Economy | A Fiscal Management Responsibility Act, which has been repeatedly breached in the past will be repealed | Sri Lanka public finance law to limit primary spending at 13-pct GDP: Treasury Secy A Fiscal Management Responsibility Act, which has been repeatedly breached in the past will be repealed | NEGATIVE | Other |
Iran President's crashed helicopter found by Turkey's Akinji drone | 20-May-24 | International news | No survivors found | Iran President's crashed helicopter found by Turkey's Akinji drone No survivors found | NEGATIVE | Other |
Possible crash site of Iran President's helicopter helicopter probed: IRNA | 20-May-24 | International news | . | Possible crash site of Iran President's helicopter helicopter probed: IRNA . | NEGATIVE | Other |
Sri Lanka may have to depend on India or nuclear to reach low carbon target: researcher | 19-May-24 | Energy | The cost of reaching a very low carbon emission target may be around 40 billion US dollars | Sri Lanka may have to depend on India or nuclear to reach low carbon target: researcher The cost of reaching a very low carbon emission target may be around 40 billion US dollars | NEGATIVE | Other |
Sri Lanka President discusses Starlink with Elon Musk | 19-May-24 | ICT | President Wickremesinghe has met Musk at a World Water Forum High-Level Meeting in Indonesia | Sri Lanka President discusses Starlink with Elon Musk President Wickremesinghe has met Musk at a World Water Forum High-Level Meeting in Indonesia | POSITIVE | Other |
Sri Lanka's CEB March 2024 profits Rs84bn with capital gain, fx strength | 19-May-24 | Energy | The rupee also appreciated in the March quarter | Sri Lanka's CEB March 2024 profits Rs84bn with capital gain, fx strength The rupee also appreciated in the March quarter | POSITIVE | Other |
Sri Lanka seeks to draw youth into agri-entrepreneurship with Rs1.6bn funding | 18-May-24 | Agriculture | To attract youth to agriculture and to introduce them to new agricultural technology, | Sri Lanka seeks to draw youth into agri-entrepreneurship with Rs1.6bn funding To attract youth to agriculture and to introduce them to new agricultural technology, | POSITIVE | Agricultural Raw Materials |
Sri Lanka Navy nabs fishermen engaged in illegal fishing | 18-May-24 | Fisheries | Navy operations to combat illegal fishing with a view to supporting legal fishing activities | Sri Lanka Navy nabs fishermen engaged in illegal fishing Navy operations to combat illegal fishing with a view to supporting legal fishing activities | NEGATIVE | Other |
Fifteen years after the end of the war, victims still await justice at Mullivaikkal: Amnesty | 18-May-24 | Op-ed/Special Reports | “Today’s anniversary is a grim reminder of the collective failure of the Sri Lankan authorities" | Fifteen years after the end of the war, victims still await justice at Mullivaikkal: Amnesty “Today’s anniversary is a grim reminder of the collective failure of the Sri Lankan authorities" | NEGATIVE | Other |
Sri Lanka suffers over $138mn foreign outflow from govt bonds in 2024 after rate cuts | 18-May-24 | Bonds & Forex | Rupee has appreciated 9.1% in first 4 month, one-year T-bill yield has fallen 336 basis points so far in 2024 | Sri Lanka suffers over $138mn foreign outflow from govt bonds in 2024 after rate cuts Rupee has appreciated 9.1% in first 4 month, one-year T-bill yield has fallen 336 basis points so far in 2024 | NEGATIVE | Other |
Sri Lanka's ‘Sancharaka Udawa’ tourist fair seeks to involve universities | 18-May-24 | Tourism | “Several universities were given free stalls to facilitate student interaction with industry professionals,” | Sri Lanka's ‘Sancharaka Udawa’ tourist fair seeks to involve universities “Several universities were given free stalls to facilitate student interaction with industry professionals,” | NEGATIVE | Other |
Sri Lanka's CEB sells LTL shares to West Coast IPP for Rs26bn | 18-May-24 | Energy | Twenty-eight percent (28-pct) of share ownership | Sri Lanka's CEB sells LTL shares to West Coast IPP for Rs26bn Twenty-eight percent (28-pct) of share ownership | NEGATIVE | Other |
Sri Lanka mulls mandating prices for shopping bags in supermarkets | 18-May-24 | Business | Supermarkets may start charging for bags | Sri Lanka mulls mandating prices for shopping bags in supermarkets Supermarkets may start charging for bags | NEGATIVE | Other |
India, China interested in Sri Lanka Climate Change University; UK may also help | 17-May-24 | Climate Change | Sri Lanka is pushing to establish an International Climate Change University in central town of Kotmale | India, China interested in Sri Lanka Climate Change University; UK may also help Sri Lanka is pushing to establish an International Climate Change University in central town of Kotmale | POSITIVE | Other |
Supreme Global says ropes in Malaysia's MMAG for SriLankan Airlines bid | 17-May-24 | General Economy | MAC will provide freighter aircraft and operational support to establish a cargo feeder network for SriLankan Airlines | Supreme Global says ropes in Malaysia's MMAG for SriLankan Airlines bid MAC will provide freighter aircraft and operational support to establish a cargo feeder network for SriLankan Airlines | NEGATIVE | Transportation |
Sri Lanka's ‘Sancharaka Udawa’ tourist fair seeks to involve universities | 18-May-24 | Tourism | “Several universities were given free stalls to facilitate student interaction with industry professionals,” | Sri Lanka's ‘Sancharaka Udawa’ tourist fair seeks to involve universities “Several universities were given free stalls to facilitate student interaction with industry professionals,” | NEGATIVE | Other |
Sri Lanka's CEB sells LTL shares to West Coast IPP for Rs26bn | 18-May-24 | Energy | Twenty-eight percent (28-pct) of share ownership | Sri Lanka's CEB sells LTL shares to West Coast IPP for Rs26bn Twenty-eight percent (28-pct) of share ownership | NEGATIVE | Other |