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Sri Lanka starts million rupee 'mansion' tax, emigrants to be taxed
29-Jan-15
Economy
Sri Lanka will introduce an annual tax of one million rupees on 'mansions' valued over 100 million rupees or 5,000 squar...
Sri Lanka starts million rupee 'mansion' tax, emigrants to be taxed Sri Lanka will introduce an annual tax of one million rupees on 'mansions' valued over 100 million rupees or 5,000 squar...
NEGATIVE
Other
Sri Lanka to impose 'super gains' tax on company profits
29-Jan-15
Economy
EconomyNext - Sri Lanka will impose a 25 percent 'super gains tax on companies earning over two billion rupees in net pr...
Sri Lanka to impose 'super gains' tax on company profits EconomyNext - Sri Lanka will impose a 25 percent 'super gains tax on companies earning over two billion rupees in net pr...
NEGATIVE
Other
Sri Lanka has golden opportunity for a fresh start: Razeen Sally
29-Jan-15
Economy
Sri Lanka's new administration has a golden opportunity for a fresh start to rebuild international and ethnic relations ...
Sri Lanka has golden opportunity for a fresh start: Razeen Sally Sri Lanka's new administration has a golden opportunity for a fresh start to rebuild international and ethnic relations ...
POSITIVE
Other
Sri Lanka gives 15-pct interest on senior citizens' deposits
29-Jan-15
Economy
EconomyNext - Sri Lanka will give a special 15 percent interest rate to deposits of senior citizens in banks of up to on...
Sri Lanka gives 15-pct interest on senior citizens' deposits EconomyNext - Sri Lanka will give a special 15 percent interest rate to deposits of senior citizens in banks of up to on...
NEGATIVE
Other
Sri Lanka to hike state workers salaries, pensions; appeal to private employers
29-Jan-15
Economy
EconomyNext - Sri Lankan Finance Minister Ravi Karunanayake said the salaries of state employees will be raised by 10,00...
Sri Lanka to hike state workers salaries, pensions; appeal to private employers EconomyNext - Sri Lankan Finance Minister Ravi Karunanayake said the salaries of state employees will be raised by 10,00...
NEGATIVE
Other
Sri Lanka says foreign debt higher than revealed
29-Jan-15
Economy
EconomyNext - Sri Lankan Finance Minister Ravi Karunanayake said the true state of the country's foreign debt had been h...
Sri Lanka says foreign debt higher than revealed EconomyNext - Sri Lankan Finance Minister Ravi Karunanayake said the true state of the country's foreign debt had been h...
NEGATIVE
Other
Sri Lanka cancels tax breaks given to new casinos
29-Jan-15
Economy
EconomyNext - Sri Lanka's new government has decided to withdraw tax concessions given to three new casino projects, Pri...
Sri Lanka cancels tax breaks given to new casinos EconomyNext - Sri Lanka's new government has decided to withdraw tax concessions given to three new casino projects, Pri...
NEGATIVE
Other
Sri Lanka says military 'sabotaging' post-war reconciliation
29-Jan-15
Defence
Sri Lanka's new government on Thursday accused the military of trying to sow unrest to sabotage its efforts to bring abo...
Sri Lanka says military 'sabotaging' post-war reconciliation Sri Lanka's new government on Thursday accused the military of trying to sow unrest to sabotage its efforts to bring abo...
NEGATIVE
Other
Sri Lanka budget will not raise taxes, prices: minister
29-Jan-15
Economy
EconomyNext - Sri Lanka's government will not raise taxes or prices of goods in its interim budget to be presented Thurs...
Sri Lanka budget will not raise taxes, prices: minister EconomyNext - Sri Lanka's government will not raise taxes or prices of goods in its interim budget to be presented Thurs...
NEGATIVE
Other
Sri Lanka opposition leaders queries PM on Chief Justice
29-Jan-15
Political News
Sri Lanka's opposition leader Nimal Siripala De Silva questioned Prime Minister Ranil Wickramasinghe on the removal of M...
Sri Lanka opposition leaders queries PM on Chief Justice Sri Lanka's opposition leader Nimal Siripala De Silva questioned Prime Minister Ranil Wickramasinghe on the removal of M...
NEGATIVE
Other
Sri Lanka presents mini-budget with promise to tax 'super rich'
29-Jan-15
Economy
Sri Lanka's Finance Minister Ravi Karunanayake is to present a mini-budget to give handouts to state workers, pensioners...
Sri Lanka presents mini-budget with promise to tax 'super rich' Sri Lanka's Finance Minister Ravi Karunanayake is to present a mini-budget to give handouts to state workers, pensioners...
POSITIVE
Other
Sri Lanka beats Burkina Faso in economic freedom, dropping 11 places
29-Jan-15
Economy
Sri Lanka has beaten Burkina Faso, an African nation whose president has an executive jet, to emerge ranked 101 in econo...
Sri Lanka beats Burkina Faso in economic freedom, dropping 11 places Sri Lanka has beaten Burkina Faso, an African nation whose president has an executive jet, to emerge ranked 101 in econo...
POSITIVE
Other
Sri Lanka battling corruption like China, Finance Minister says as 71,000 punished in crackdown
29-Jan-15
Political News
Sri Lanka is battling corruption just like China, Finance Minister Ravi Karunanayake had told Beijing's envoy to Colombo...
Sri Lanka battling corruption like China, Finance Minister says as 71,000 punished in crackdown Sri Lanka is battling corruption just like China, Finance Minister Ravi Karunanayake had told Beijing's envoy to Colombo...
NEGATIVE
Other
Sri Lanka gets 'Facebook Lite' App: report
28-Jan-15
Business
EconomyNext - Social media giant Facebook has launched what's been called a stripped-down version of its mobile app, aim...
Sri Lanka gets 'Facebook Lite' App: report EconomyNext - Social media giant Facebook has launched what's been called a stripped-down version of its mobile app, aim...
NEGATIVE
Other
Sri Lanka Asian Hotels & Properties December net down 21-pct
28-Jan-15
Business
EconomyNext - Sri Lanka's Asian Hotels and Properties said net profit for the quarter ended 31st December, 2014 fell 21 ...
Sri Lanka Asian Hotels & Properties December net down 21-pct EconomyNext - Sri Lanka's Asian Hotels and Properties said net profit for the quarter ended 31st December, 2014 fell 21 ...
NEGATIVE
Other
Sri Lanka's new stock market regulator takes over
28-Jan-15
Markets
EconomyNext - Tilak Karunaratne assumed duties as the Chairman of the Securities and Exchange Commission (SEC) on Wednes...
Sri Lanka's new stock market regulator takes over EconomyNext - Tilak Karunaratne assumed duties as the Chairman of the Securities and Exchange Commission (SEC) on Wednes...
NEGATIVE
Other
Graft complaint over expropriated Sri Lanka hotel tower deal
28-Jan-15
Political News
Sri Lanka's Deputy Economic Development Minister Harsha de Silva asked the island's bribery commission to probe the expr...
Graft complaint over expropriated Sri Lanka hotel tower deal Sri Lanka's Deputy Economic Development Minister Harsha de Silva asked the island's bribery commission to probe the expr...
NEGATIVE
Other
Sri Lankan shares end up on budget hopes
28-Jan-15
Markets
EconomyNext - Sri Lankan shares ended higher Wednesday for the third straight trading day on expectations about the gove...
Sri Lankan shares end up on budget hopes EconomyNext - Sri Lankan shares ended higher Wednesday for the third straight trading day on expectations about the gove...
NEGATIVE
Other
Sri Lanka Fitch upgrades Ceylon Income Fund to 'A(lka)'
28-Jan-15
Bonds & Forex
EconomyNext - Fitch Ratings has upgraded the National Fund Credit Quality Rating assigned to the Ceylon Income Fund to '...
Sri Lanka Fitch upgrades Ceylon Income Fund to 'A(lka)' EconomyNext - Fitch Ratings has upgraded the National Fund Credit Quality Rating assigned to the Ceylon Income Fund to '...
NEGATIVE
Other
Sri Lanka Supreme Court judgments involving Mohan Peiris to stand: lawyers
28-Jan-15
Political News
Sri Lanka's Supreme Court judgements where a Chief Justice was apparently appointed illegally will stand, as defects in ...
Sri Lanka Supreme Court judgments involving Mohan Peiris to stand: lawyers Sri Lanka's Supreme Court judgements where a Chief Justice was apparently appointed illegally will stand, as defects in ...
NEGATIVE
Other
Sri Lanka reinstates impeached chief justice - Updated
28-Jan-15
Political News
COLOMBO, Jan 28, 2015 (AFP) - Sri Lanka's new president on Wednesday restored the country's former chief justice after s...
Sri Lanka reinstates impeached chief justice - Updated COLOMBO, Jan 28, 2015 (AFP) - Sri Lanka's new president on Wednesday restored the country's former chief justice after s...
POSITIVE
Other
Sri Lanka ports minister probes corruption charges
28-Jan-15
Logistics
EconomyNext - Sri Lanka's new Minister of Ports, Shipping and Aviation Arjuna Ranatunga said the government has launched...
Sri Lanka ports minister probes corruption charges EconomyNext - Sri Lanka's new Minister of Ports, Shipping and Aviation Arjuna Ranatunga said the government has launched...
POSITIVE
Transportation
Sri Lanka insists on removing trade barriers for new deal with India
28-Jan-15
Economy
EconomyNext - Sri Lanka's Commerce Ministry has told India that a new trade deal to strengthen economic ties between th...
Sri Lanka insists on removing trade barriers for new deal with India EconomyNext - Sri Lanka's Commerce Ministry has told India that a new trade deal to strengthen economic ties between th...
POSITIVE
Other
Sri Lanka seen needing maritime reforms to exploit emerging prospects
28-Jan-15
Logistics
EconomyNext - Sri Lanka's maritime industry is at a critical juncture with new ports able to handle the region's burgeon...
Sri Lanka seen needing maritime reforms to exploit emerging prospects EconomyNext - Sri Lanka's maritime industry is at a critical juncture with new ports able to handle the region's burgeon...
POSITIVE
Transportation
Further monetary loosening in Sri Lanka is not necessary: HSBC
28-Jan-15
Economy
Sri Lanka does not need further monetary loosening since lending rates are at record lows, with higher state spending ex...
Further monetary loosening in Sri Lanka is not necessary: HSBC Sri Lanka does not need further monetary loosening since lending rates are at record lows, with higher state spending ex...
NEGATIVE
Other
Sri Lanka gets second visit by UK Foreign Office Minister
27-Jan-15
Defence
EconomyNext - The United Kingdom's Foreign Office Minister Hugo Swire will pay a second visit to Sri Lanka from 28-30 Ja...
Sri Lanka gets second visit by UK Foreign Office Minister EconomyNext - The United Kingdom's Foreign Office Minister Hugo Swire will pay a second visit to Sri Lanka from 28-30 Ja...
POSITIVE
Other
Sri Lanka probes political links to drug kingpin
27-Jan-15
Political News
Sri Lanka's police said Tuesday they were investigating whether a man who confessed to smuggling over 1,000 kilos of her...
Sri Lanka probes political links to drug kingpin Sri Lanka's police said Tuesday they were investigating whether a man who confessed to smuggling over 1,000 kilos of her...
NEGATIVE
Other
Sri Lankan shares end up 0.7-pct
27-Jan-15
Markets
EconomyNext - Sri Lankan shares rose strongly Tuesday to end up 0.7 percent as the central bank kept benchmark interest ...
Sri Lankan shares end up 0.7-pct EconomyNext - Sri Lankan shares rose strongly Tuesday to end up 0.7 percent as the central bank kept benchmark interest ...
NEGATIVE
Other
Sri Lanka should grow at 10 to 12-pct a year: CB Governor
27-Jan-15
Economy
Sri Lanka should be looking at economic growth of 10 to 12 percent after the war with private sector being given more sp...
Sri Lanka should grow at 10 to 12-pct a year: CB Governor Sri Lanka should be looking at economic growth of 10 to 12 percent after the war with private sector being given more sp...
POSITIVE
Other
Sri Lanka CB Governor not worried about drop in forex reserves
27-Jan-15
Economy
Sri Lanka's recent drop in forex reserves were partly due to election related events and a decline in global demand and ...
Sri Lanka CB Governor not worried about drop in forex reserves Sri Lanka's recent drop in forex reserves were partly due to election related events and a decline in global demand and ...
NEGATIVE
Other
Sri Lanka plans sovereign bond in February: CB Governor
27-Jan-15
Economy
Sri Lanka is planning a sovereign bond sale in February after a revised budget for 2015 is presented by a new administra...
Sri Lanka plans sovereign bond in February: CB Governor Sri Lanka is planning a sovereign bond sale in February after a revised budget for 2015 is presented by a new administra...
NEGATIVE
Other
Sri Lanka keeps rates unchanged amid lower inflation
27-Jan-15
Economy
Sri Lanka kept policy rates unchanged amid stronger as inflation remained low, the Central Bank said, despite heavy rece...
Sri Lanka keeps rates unchanged amid lower inflation Sri Lanka kept policy rates unchanged amid stronger as inflation remained low, the Central Bank said, despite heavy rece...
NEGATIVE
Other
China is not the only girl on the beach: Sri Lanka finance minister
27-Jan-15
Economy
Sri Lanka is not solely dependent on projects funded by China for growth and economic links with other regions can take ...
China is not the only girl on the beach: Sri Lanka finance minister Sri Lanka is not solely dependent on projects funded by China for growth and economic links with other regions can take ...
POSITIVE
Other
Sri Lanka's new central bank governor assumes duties
26-Jan-15
Economy
Sri Lanka's new Central Bank Governor Arjuna Mahendran assumed duties Monday.
Sri Lanka's new central bank governor assumes duties Sri Lanka's new Central Bank Governor Arjuna Mahendran assumed duties Monday.
POSITIVE
Other
SriLankan Airlines to run on strictly commercial basis - minister
26-Jan-15
Aviation
EconomyNext - Sri Lanka's new Minister of Ports and Shipping, Arjuna Ranatunga, has pledged that the loss-making nationa...
SriLankan Airlines to run on strictly commercial basis - minister EconomyNext - Sri Lanka's new Minister of Ports and Shipping, Arjuna Ranatunga, has pledged that the loss-making nationa...
NEGATIVE
Transportation
Sri Lanka's Citrus Leisure settles beach front claim for Rs80mn
26-Jan-15
Business
EconomyNext - Citrus Leisure has paid another 80 million rupees to settle the dispute over its claim to a prime beach pr...
Sri Lanka's Citrus Leisure settles beach front claim for Rs80mn EconomyNext - Citrus Leisure has paid another 80 million rupees to settle the dispute over its claim to a prime beach pr...
NEGATIVE
Other
Sri Lankan share turnover hits eight-month low
26-Jan-15
Markets
EconomyNext - Sri Lankan shares closed marginally higher in thin and choppy trade Monday with turnover sinking to an eig...
Sri Lankan share turnover hits eight-month low EconomyNext - Sri Lankan shares closed marginally higher in thin and choppy trade Monday with turnover sinking to an eig...
NEGATIVE
Other
Sri Lankan share investors advised not to panic
26-Jan-15
Markets
EconomyNext - Sri Lankan investors have been advised by stock brokers not to panic owing to short-term uncertainty cause...
Sri Lankan share investors advised not to panic EconomyNext - Sri Lankan investors have been advised by stock brokers not to panic owing to short-term uncertainty cause...
NEGATIVE
Other
Sri Lanka urged by India to focus more on investments, services
26-Jan-15
Defence
EconomyNext - India's envoy in Sri Lanka has urged a greater focus on investments and services between the two neighbour...
Sri Lanka urged by India to focus more on investments, services EconomyNext - India's envoy in Sri Lanka has urged a greater focus on investments and services between the two neighbour...
POSITIVE
Other
Sri Lanka borrowings from banking system sharply higher for third month: data
26-Jan-15
Banking
Sri Lanka's state, SOEs and businesses have borrowed 108.9 billion rupees in November 2014, amid falling forex reserves,...
Sri Lanka borrowings from banking system sharply higher for third month: data Sri Lanka's state, SOEs and businesses have borrowed 108.9 billion rupees in November 2014, amid falling forex reserves,...
NEGATIVE
Other
Sri Lanka wants professional management at SOEs: finance minister
26-Jan-15
Economy
Sri Lanka wants professional management at state enterprises and no policy decision has been taken on privatization, Fin...
Sri Lanka wants professional management at SOEs: finance minister Sri Lanka wants professional management at state enterprises and no policy decision has been taken on privatization, Fin...
NEGATIVE
Other
Sri Lanka Ports Authority gets new Board
26-Jan-15
Logistics
EconomyNext - Sri Lanka's new government has revamped the board of the Sri Lanka Ports Authority under which some of the...
Sri Lanka Ports Authority gets new Board EconomyNext - Sri Lanka's new government has revamped the board of the Sri Lanka Ports Authority under which some of the...
NEGATIVE
Other
Sri Lanka, Maldives in sea cucumber farming JV
25-Jan-15
Agriculture
EconomyNext - A visiting Maldivian government delegation has said it wants to promote a bilateral joint venture in Sri L...
Sri Lanka, Maldives in sea cucumber farming JV EconomyNext - A visiting Maldivian government delegation has said it wants to promote a bilateral joint venture in Sri L...
POSITIVE
Agricultural Raw Materials
Sri Lanka doctors to be fined for prescribing drugs from reputed firms
25-Jan-15
Business
Sri Lanka's doctors who prescribe drugs brands made by firms based in countries with stricter drug regulatory environmen...
Sri Lanka doctors to be fined for prescribing drugs from reputed firms Sri Lanka's doctors who prescribe drugs brands made by firms based in countries with stricter drug regulatory environmen...
NEGATIVE
Other
Sri Lanka ends regimentation, militarization of education system
24-Jan-15
Defence
Sri Lanka's new government said Saturday it is scrapping compulsory military training for school teachers and undergradu...
Sri Lanka ends regimentation, militarization of education system Sri Lanka's new government said Saturday it is scrapping compulsory military training for school teachers and undergradu...
NEGATIVE
Other
Sri Lanka Watawala Plantations December net down 20-pct
24-Jan-15
Agriculture
Sri Lanka's Watawala Plantations said net profit for the December 2014 quarter fell 20 percent to 147 million rupees fro...
Sri Lanka Watawala Plantations December net down 20-pct Sri Lanka's Watawala Plantations said net profit for the December 2014 quarter fell 20 percent to 147 million rupees fro...
NEGATIVE
Other
Sri Lanka forex reserves down to US$8.3bn, BOP surplus shrinks
24-Jan-15
Economy
Sri Lanka's forex reserves fell to 8.3 billion US dollars in November 2014, down from 8.8 billion US dollars in October,...
Sri Lanka forex reserves down to US$8.3bn, BOP surplus shrinks Sri Lanka's forex reserves fell to 8.3 billion US dollars in November 2014, down from 8.8 billion US dollars in October,...
NEGATIVE
Other
Sri Lanka budget carrier offers pilot training
24-Jan-15
Aviation
EconomyNext - Mihin Lanka, Sri Lanka’s loss-making state-run budget carrier, has launched an international pilot ...
Sri Lanka budget carrier offers pilot training EconomyNext - Mihin Lanka, Sri Lanka’s loss-making state-run budget carrier, has launched an international pilot ...
POSITIVE
Other
Sri Lanka Chief Justice grilled over coup claims
23-Jan-15
Political News
Sri Lanka's chief justice was questioned by criminal investigators Friday following allegations that he tried to help th...
Sri Lanka Chief Justice grilled over coup claims Sri Lanka's chief justice was questioned by criminal investigators Friday following allegations that he tried to help th...
NEGATIVE
Other
Arjuna Mahendran appointed as Sri Lanka Central Bank Governor
23-Jan-15
Economy
Arjuna Mahendran, an international banker has been appointed Governor of Sri Lanka's Central Bank, the president's offic...
Arjuna Mahendran appointed as Sri Lanka Central Bank Governor Arjuna Mahendran, an international banker has been appointed Governor of Sri Lanka's Central Bank, the president's offic...
POSITIVE
Other
Sri Lanka November 2014 exports down 11-pct
23-Jan-15
Economy
EconomyNext - Sri Lanka's exports fell almost 11 percent to 921 million US dollars in November 2014 from a year ago main...
Sri Lanka November 2014 exports down 11-pct EconomyNext - Sri Lanka's exports fell almost 11 percent to 921 million US dollars in November 2014 from a year ago main...
NEGATIVE
Other
Sri Lanka finds some missing presidential limos: police
23-Jan-15
Political News
Sri Lanka's police Friday seized a fleet of more than 50 state-owned vehicles, including bullet-proof limousines, that w...
Sri Lanka finds some missing presidential limos: police Sri Lanka's police Friday seized a fleet of more than 50 state-owned vehicles, including bullet-proof limousines, that w...
NEGATIVE
Other
Sri Lanka MTD Walkers says northern power unit not polluting wells
23-Jan-15
Energy
EconomyNext - Sri Lanka's MTD Walkers rejected allegations its thermal power unit in northern Jaffna was releasing waste...
Sri Lanka MTD Walkers says northern power unit not polluting wells EconomyNext - Sri Lanka's MTD Walkers rejected allegations its thermal power unit in northern Jaffna was releasing waste...
NEGATIVE
Other
No intention of leaving Sri Lanka: ex-CB Governor Nivard Cabraal
23-Jan-15
Economy
Sri Lanka's former Central Bank Governor said he had no intention of leaving the country amid reports that authorities h...
No intention of leaving Sri Lanka: ex-CB Governor Nivard Cabraal Sri Lanka's former Central Bank Governor said he had no intention of leaving the country amid reports that authorities h...
NEGATIVE
Other
Sri Lanka female entrepreneurship in focus
23-Jan-15
Economy
EconomyNext - A Sri Lankan women's trade chamber has urged the new government to give more emphasis to female entreprene...
Sri Lanka female entrepreneurship in focus EconomyNext - A Sri Lankan women's trade chamber has urged the new government to give more emphasis to female entreprene...
NEGATIVE
Other
Sri Lanka fears Chinese ocean rights claims after sea reclamation project
23-Jan-15
Political News
Sri Lanka is re-examining a Chinese sea reclamation project amid fears that China will lay claim to economic rights over...
Sri Lanka fears Chinese ocean rights claims after sea reclamation project Sri Lanka is re-examining a Chinese sea reclamation project amid fears that China will lay claim to economic rights over...
NEGATIVE
Other
Sri Lanka power tariffs to be revised in June: minister
23-Jan-15
Energy
Sri Lanka's power tariffs will be revised in June following a public consultation and petroleum and gas prices would be ...
Sri Lanka power tariffs to be revised in June: minister Sri Lanka's power tariffs will be revised in June following a public consultation and petroleum and gas prices would be ...
NEGATIVE
Other
Sri Lanka's new commitment to justice reform welcomed by IBA
23-Jan-15
Political News
EconomyNext - The International Bar Association’s Human Rights Institute (IBAHRI) has welcomed the new Sri Lankan...
Sri Lanka's new commitment to justice reform welcomed by IBA EconomyNext - The International Bar Association’s Human Rights Institute (IBAHRI) has welcomed the new Sri Lankan...
POSITIVE
Other
Sri Lanka multi-party anti-graft committee to probe past scams
22-Jan-15
Political News
A multi-party committee headed by Sri Lanka's Prime Minister Ranil Wickramasinghe and another task force headed by Janat...
Sri Lanka multi-party anti-graft committee to probe past scams A multi-party committee headed by Sri Lanka's Prime Minister Ranil Wickramasinghe and another task force headed by Janat...
NEGATIVE
Other
Sri Lanka gas production "continues to present challenges": Cairn
22-Jan-15
Energy
EconomyNext - Cairn India has hinted at difficulties in starting natural gas production from Sri Lanka's offshore Mannar...
Sri Lanka gas production "continues to present challenges": Cairn EconomyNext - Cairn India has hinted at difficulties in starting natural gas production from Sri Lanka's offshore Mannar...
POSITIVE
Other
Revenue of Rs65bn foregone from Sri Lanka fuel price cut: minister
22-Jan-15
Energy
Sri Lanka's state will lose 65 billion rupees in potential revenues a year from tax cuts made to slash fuel prices, this...
Revenue of Rs65bn foregone from Sri Lanka fuel price cut: minister Sri Lanka's state will lose 65 billion rupees in potential revenues a year from tax cuts made to slash fuel prices, this...
NEGATIVE
Other
Sri Lankan stocks recover from three-week low
22-Jan-15
Markets
EconomyNext - Sri Lankan stock prices recovered Thursday after sinking to a three-week low with interest seen in banks, ...
Sri Lankan stocks recover from three-week low EconomyNext - Sri Lankan stock prices recovered Thursday after sinking to a three-week low with interest seen in banks, ...
NEGATIVE
Other
Sri Lanka to boost trade and passenger traffic with India amid state visits
22-Jan-15
Economy
Sri Lanka and India will seek to boost air and sea travel between the two countries and also boost trade and investment ...
Sri Lanka to boost trade and passenger traffic with India amid state visits Sri Lanka and India will seek to boost air and sea travel between the two countries and also boost trade and investment ...
POSITIVE
Other
Sri Lanka president's brother new chairman of Sri Lanka Telecom
22-Jan-15
Business
EconomyNext - Sri Lankan President Maithripala Sirisena's brother, P. G. Kumarasingha, has been appointed the new chairm...
Sri Lanka president's brother new chairman of Sri Lanka Telecom EconomyNext - Sri Lankan President Maithripala Sirisena's brother, P. G. Kumarasingha, has been appointed the new chairm...
POSITIVE
Other
Sri Lanka's stock market named 'Most Sustainable Growth Exchange' in Asia
22-Jan-15
Markets
EconomyNext - Colombo Stock Exchange (CSE) has been named Asia's “Most Sustainable Growth Exchange” for 2014...
Sri Lanka's stock market named 'Most Sustainable Growth Exchange' in Asia EconomyNext - Colombo Stock Exchange (CSE) has been named Asia's “Most Sustainable Growth Exchange” for 2014...
POSITIVE
Other
Sri Lanka aims to reduce drugs prices with new policy
22-Jan-15
Business
EconomyNext - Sri Lanka's new health minster said drugs prices will be reduced with the introduction of a long-awaited n...
Sri Lanka aims to reduce drugs prices with new policy EconomyNext - Sri Lanka's new health minster said drugs prices will be reduced with the introduction of a long-awaited n...
NEGATIVE
Other
Sri Lanka seeks IMF, Indian help to find 'billions of dollars' stashed abroad
22-Jan-15
Political News
Sri Lanka will seek assistance from the International Monetary Fund, World Bank and Reserve Bank of India track down wea...
Sri Lanka seeks IMF, Indian help to find 'billions of dollars' stashed abroad Sri Lanka will seek assistance from the International Monetary Fund, World Bank and Reserve Bank of India track down wea...
NEGATIVE
Other
Sri Lanka SEC chief says ‘no witch-hunt’ but will put house in order
22-Jan-15
Markets
null
Sri Lanka SEC chief says ‘no witch-hunt’ but will put house in order
NEGATIVE
Other
Sri Lanka's biggest insurer maintains court approved business segregation
22-Jan-15
Finance
EconomyNext - Ceylinco Insurance, Sri Lanka's biggest insurer, has maintained it went ahead with segregation of its life...
Sri Lanka's biggest insurer maintains court approved business segregation EconomyNext - Ceylinco Insurance, Sri Lanka's biggest insurer, has maintained it went ahead with segregation of its life...
POSITIVE
Other
Sri Lanka Central Bank, SEC, utilities regulator under planning ministry
22-Jan-15
Economy
Sri Lanka's Central Bank, the Securities and Exchange Commission and the Public Utilities Commission has been placed und...
Sri Lanka Central Bank, SEC, utilities regulator under planning ministry Sri Lanka's Central Bank, the Securities and Exchange Commission and the Public Utilities Commission has been placed und...
NEGATIVE
Other
Sri Lanka restores rights of humiliated ex-army chief Fonseka
22-Jan-15
Defence
Sri Lanka's new government on Wednesday exonerated former army chief Sarath Fonseka of all charges, including treason, t...
Sri Lanka restores rights of humiliated ex-army chief Fonseka Sri Lanka's new government on Wednesday exonerated former army chief Sarath Fonseka of all charges, including treason, t...
POSITIVE
Other
Sri Lanka to reopen probes on high profile political killings
22-Jan-15
Political News
Sri Lanka's new government is to reopen investigations into the murders of a high-profile newspaper editor and two lawma...
Sri Lanka to reopen probes on high profile political killings Sri Lanka's new government is to reopen investigations into the murders of a high-profile newspaper editor and two lawma...
NEGATIVE
Other
Sri Lanka to manage overall budget deficit: finance minister
22-Jan-15
Economy
Sri Lanka will keep the overall budget deficit under control, raise revenues by clamping down on large scale untaxed alc...
Sri Lanka to manage overall budget deficit: finance minister Sri Lanka will keep the overall budget deficit under control, raise revenues by clamping down on large scale untaxed alc...
NEGATIVE
Other
Sri Lanka slashes fuel prices
21-Jan-15
Energy
Sri Lanka has slashed fuel prices with ordinary petrol down by 33 rupees to 117 rupees a litre nd diesel down by 16 rupe...
Sri Lanka slashes fuel prices Sri Lanka has slashed fuel prices with ordinary petrol down by 33 rupees to 117 rupees a litre nd diesel down by 16 rupe...
NEGATIVE
Other
Sri Lankan stocks sink to three-week low
21-Jan-15
Markets
EconomyNext - Sri Lankan stock prices sank again Wednesday dragged down to a three-week low by losses in index heavyweig...
Sri Lankan stocks sink to three-week low EconomyNext - Sri Lankan stock prices sank again Wednesday dragged down to a three-week low by losses in index heavyweig...
NEGATIVE
Other
Sri Lanka claims to have identified editor's killers
21-Jan-15
Defence
EconomyNext - A Sri Lankan government minister Wednesday claimed the new administration had uncovered evidence to identi...
Sri Lanka claims to have identified editor's killers EconomyNext - A Sri Lankan government minister Wednesday claimed the new administration had uncovered evidence to identi...
NEGATIVE
Other
Sri Lanka chamber to have post 'interim budget' seminar
21-Jan-15
Economy
A post-mini-budget seminar will be held with Finance Minister Ravi Karunanayake, Policy Development and Economic Affairs...
Sri Lanka chamber to have post 'interim budget' seminar A post-mini-budget seminar will be held with Finance Minister Ravi Karunanayake, Policy Development and Economic Affairs...
POSITIVE
Other
Tilak Karunaratne Sr Lanka's new stock market regulator
21-Jan-15
Markets
EconomyNext - Sri Lanka is to reappoint Tilak Karunaratne as head of the stock market regulator, a government spokesman ...
Tilak Karunaratne Sr Lanka's new stock market regulator EconomyNext - Sri Lanka is to reappoint Tilak Karunaratne as head of the stock market regulator, a government spokesman ...
NEGATIVE
Other
Sri Lanka businesses should be ethical, transparent: minister
21-Jan-15
Political News
Sri Lanka's private business follow neglected codes of good governance and ethics a senior minister said as the governme...
Sri Lanka businesses should be ethical, transparent: minister Sri Lanka's private business follow neglected codes of good governance and ethics a senior minister said as the governme...
NEGATIVE
Other
Sri Lanka petroleum refiner to be headed by an engineer
21-Jan-15
Energy
EconomyNext - Sri Lanka's new Minister of Power and Energy Patali Champika Ranawaka has appointed an engineer, Ranjith W...
Sri Lanka petroleum refiner to be headed by an engineer EconomyNext - Sri Lanka's new Minister of Power and Energy Patali Champika Ranawaka has appointed an engineer, Ranjith W...
POSITIVE
Other
Sri Lanka tax regime too complex; fresh reforms needed: IMF
21-Jan-15
Economy
Sri Lanka has to simplify taxes and make a new generation of reforms to allow the private citizens to engage in more eco...
Sri Lanka tax regime too complex; fresh reforms needed: IMF Sri Lanka has to simplify taxes and make a new generation of reforms to allow the private citizens to engage in more eco...
NEGATIVE
Other
Sri Lanka finds arms cache after Rajapakse downfall
20-Jan-15
Political News
Sri Lankan police on Tuesday seized weapons from a conference centre visited by the pope during his visit to the island ...
Sri Lanka finds arms cache after Rajapakse downfall Sri Lankan police on Tuesday seized weapons from a conference centre visited by the pope during his visit to the island ...
NEGATIVE
Other
Sri Lanka to begin talks with IMF on new program: finance minister
20-Jan-15
Economy
Sri Lanka will begin talks with the International Monetary Fund on a possible program with the new administration keen o...
Sri Lanka to begin talks with IMF on new program: finance minister Sri Lanka will begin talks with the International Monetary Fund on a possible program with the new administration keen o...
POSITIVE
Other
Sri Lanka, India renew ties with foreign minister visit
20-Jan-15
Defence
EconomyNext - Sri Lanka's new Foreign Minister Mangala Samaraweera has concluded a two-day visit to India that sought to...
Sri Lanka, India renew ties with foreign minister visit EconomyNext - Sri Lanka's new Foreign Minister Mangala Samaraweera has concluded a two-day visit to India that sought to...
POSITIVE
Other
Sri Lankan stocks end barely changed
20-Jan-15
Markets
EconomyNext - Sri Lankan stock prices failed to hold early gains Tuesday with the benchmark index ending only marginally...
Sri Lankan stocks end barely changed EconomyNext - Sri Lankan stock prices failed to hold early gains Tuesday with the benchmark index ending only marginally...
NEGATIVE
Other
Sri Lanka's new premier promises Tamils more autonomy
20-Jan-15
Political News
Sri Lanka's new government pledged Tuesday to devolve power to the country's Tamil minority, in a step towards national ...
Sri Lanka's new premier promises Tamils more autonomy Sri Lanka's new government pledged Tuesday to devolve power to the country's Tamil minority, in a step towards national ...
POSITIVE
Other
Sri Lanka's biggest listed insurer accused of assaulting shareholders
20-Jan-15
Finance
EconomyNext - A big shareholder of Ceylinco Insurance, Sri Lanka's biggest insurer, complained of assault and intimidati...
Sri Lanka's biggest listed insurer accused of assaulting shareholders EconomyNext - A big shareholder of Ceylinco Insurance, Sri Lanka's biggest insurer, complained of assault and intimidati...
NEGATIVE
Other
Sri Lanka willing to go ahead with China projects at lower cost: Finance Minister
20-Jan-15
Economy
Sri Lanka is willing to go ahead with Chinese projects if the cost was lowered and unsolicited proposals would be discou...
Sri Lanka willing to go ahead with China projects at lower cost: Finance Minister Sri Lanka is willing to go ahead with Chinese projects if the cost was lowered and unsolicited proposals would be discou...
NEGATIVE
Other
Sri Lanka's Jaffna power firm says waste oil is sold, not dumped
20-Jan-15
Energy
Sri Lanka's Northern Power Company (Pvt) Ltd, an independent power producer connected to the stat-run distribution grid ...
Sri Lanka's Jaffna power firm says waste oil is sold, not dumped Sri Lanka's Northern Power Company (Pvt) Ltd, an independent power producer connected to the stat-run distribution grid ...
NEGATIVE
Food Products
Moody's confimrs Hatton National Bank 'B1' rating
20-Jan-15
Banking
Moody's Investors Service said it confirmed a B1 freign currency issuer rating of Sri Lanka's Hatton National Bank with ...
Moody's confimrs Hatton National Bank 'B1' rating Moody's Investors Service said it confirmed a B1 freign currency issuer rating of Sri Lanka's Hatton National Bank with ...
NEGATIVE
Other
Sri Lanka's Tea Smallholder Factories Dec quarter net down 59-pct
20-Jan-15
Agriculture
December 2014 quarter net profit of Sri Lanka's Tea Smallholder Factories fell 59 percent to 16 million rupees from a ye...
Sri Lanka's Tea Smallholder Factories Dec quarter net down 59-pct December 2014 quarter net profit of Sri Lanka's Tea Smallholder Factories fell 59 percent to 16 million rupees from a ye...
NEGATIVE
Other
Oman Air flight stuck in the mud
20-Jan-15
Aviation
EconomyNext - An Oman Air flight from Paris to Muscat was delayed when its wheels got stuck in the mud while taxiing aft...
Oman Air flight stuck in the mud EconomyNext - An Oman Air flight from Paris to Muscat was delayed when its wheels got stuck in the mud while taxiing aft...
NEGATIVE
Other
Pandemonium at Sri Lanka Ceylinco Insurance meeting - Update
20-Jan-15
Finance
Pandemoium broke out at a meeting of shareholders at Sri Lanka's Ceylinco Insurance with some protesting attempts to spl...
Pandemonium at Sri Lanka Ceylinco Insurance meeting - Update Pandemoium broke out at a meeting of shareholders at Sri Lanka's Ceylinco Insurance with some protesting attempts to spl...
NEGATIVE
Other
Volkswagen interested in Sri Lanka export manufacturing plant
19-Jan-15
Business
Germany's Volkswagen has been trying set up a plant to produce vehicles for export for years but had not succeeded due t...
Volkswagen interested in Sri Lanka export manufacturing plant Germany's Volkswagen has been trying set up a plant to produce vehicles for export for years but had not succeeded due t...
NEGATIVE
Food Products
Sri Lanka bans Chief Justice from conference over coup claim
19-Jan-15
Political News
Sri Lanka's attorney general barred the country's chief justice from attending a regional conference on Monday after all...
Sri Lanka bans Chief Justice from conference over coup claim Sri Lanka's attorney general barred the country's chief justice from attending a regional conference on Monday after all...
NEGATIVE
Other
Sri Lanka to confirm Mahendran as central bank governor soon
19-Jan-15
Banking
COLOMBO (EconomyNext) - The appointment of Arjuna Mahendran as the governor of the Central Bank of Sri Lanka will be con...
Sri Lanka to confirm Mahendran as central bank governor soon COLOMBO (EconomyNext) - The appointment of Arjuna Mahendran as the governor of the Central Bank of Sri Lanka will be con...
NEGATIVE
Other
Sri Lankan stock end down almost 02-pct
19-Jan-15
Markets
EconomyNext - Sri Lankan stock prices tumbled across-the-board Monday to a two-week low, weakening for the fourth straig...
Sri Lankan stock end down almost 02-pct EconomyNext - Sri Lankan stock prices tumbled across-the-board Monday to a two-week low, weakening for the fourth straig...
NEGATIVE
Other
Sri Lanka exporters urge action on Ex-Im Bank, credit insurance
19-Jan-15
Economy
EconomyNext - The Exporters’ Association of Sri Lanka (EASL) has urged the new government to proceed with setting...
Sri Lanka exporters urge action on Ex-Im Bank, credit insurance EconomyNext - The Exporters’ Association of Sri Lanka (EASL) has urged the new government to proceed with setting...
NEGATIVE
Other
Sri Lankan stocks fall sharply
19-Jan-15
Markets
EconomyNext - Sri Lankan stocks fell for the fourth straight trading day Monday in across the board selling that stock b...
Sri Lankan stocks fall sharply EconomyNext - Sri Lankan stocks fell for the fourth straight trading day Monday in across the board selling that stock b...
NEGATIVE
Other
Sri Lanka new regime to cut red tape to encourage investment
19-Jan-15
Economy
EconomyNext - Sri Lanka's new government will move fast to reduce red tape that hinder investments, the new Investment P...
Sri Lanka new regime to cut red tape to encourage investment EconomyNext - Sri Lanka's new government will move fast to reduce red tape that hinder investments, the new Investment P...
NEGATIVE
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