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Sri Lanka legal alcohol sales down 19-pct in 2023 | 9-May-24 | Economy | Production of commonly used 180ml bottles (kaaley bothal), consumed by lower income earners, decreased by 14.5 percent | Sri Lanka legal alcohol sales down 19-pct in 2023 Production of commonly used 180ml bottles (kaaley bothal), consumed by lower income earners, decreased by 14.5 percent | NEGATIVE | Other |
Sri Lanka has stabilized under IMF deal, sustainable growth next: President | 9-May-24 | Economic Crisis | "Going beyond stability now we have to go on a sustainably path." | Sri Lanka has stabilized under IMF deal, sustainable growth next: President "Going beyond stability now we have to go on a sustainably path." | POSITIVE | Other |
Sri Lanka builds up Navy capacity to handle foreign research ships during moratorium: FM | 9-May-24 | Defence | Two Chinese research vessels arrived in Sri Lanka within 14 months through October 2023. | Sri Lanka builds up Navy capacity to handle foreign research ships during moratorium: FM Two Chinese research vessels arrived in Sri Lanka within 14 months through October 2023. | POSITIVE | Other |
Sri Lanka rupee opens stronger at 298.50/70 to US dollar | 9-May-24 | Bonds & Forex | Bond yields were broadly steady, dealers said. | Sri Lanka rupee opens stronger at 298.50/70 to US dollar Bond yields were broadly steady, dealers said. | POSITIVE | Other |
Sri Lanka keen to resume unilaterally cancelled LRT, but no agreement from Japan: FM | 9-May-24 | International Relations | Gotabaya Rajapaksa's cancellation led to severed diplomatic ties with Japan | Sri Lanka keen to resume unilaterally cancelled LRT, but no agreement from Japan: FM Gotabaya Rajapaksa's cancellation led to severed diplomatic ties with Japan | NEGATIVE | Other |
Over 200 Sri Lanka ex-soldiers dead in Russia-Ukraine frontline as drone fodder, escapee says | 9-May-24 | Defence | Hundreds of Sri Lankan ex-soldiers have been recruited | Over 200 Sri Lanka ex-soldiers dead in Russia-Ukraine frontline as drone fodder, escapee says Hundreds of Sri Lankan ex-soldiers have been recruited | NEGATIVE | Other |
Sri Lanka COPF summons border officials over VFS Global visa crisis | 8-May-24 | Business | Officials summoned tomorrow for "balanced examination in to the ongoing visa fiasco" | Sri Lanka COPF summons border officials over VFS Global visa crisis Officials summoned tomorrow for "balanced examination in to the ongoing visa fiasco" | NEGATIVE | Other |
Sri Lanka drafting laws that will address climate change: President | 8-May-24 | Business | "We have to have a green economy. So green financing, the whole aspect, commercial, economic aspects become important" | Sri Lanka drafting laws that will address climate change: President "We have to have a green economy. So green financing, the whole aspect, commercial, economic aspects become important" | NEGATIVE | Other |
Tourists in fix as Sri Lanka visa validity halved after VFS Global deal | 8-May-24 | Business | Posters slam VFS Global for bad programming and also Sri Lanka for creating a 'typical mess' | Tourists in fix as Sri Lanka visa validity halved after VFS Global deal Posters slam VFS Global for bad programming and also Sri Lanka for creating a 'typical mess' | NEGATIVE | Other |
Sri Lanka in discussion with Saudi-based ACWA Power for renewable energy project | 8-May-24 | Energy | Sri Lanka is in discussion for Saudi investments | Sri Lanka in discussion with Saudi-based ACWA Power for renewable energy project Sri Lanka is in discussion for Saudi investments | POSITIVE | Other |
Sri Lanka rupee closes stronger at 298.75/85 to US dollar | 8-May-24 | Bonds & Forex | Bond yields were down, dealers said. | Sri Lanka rupee closes stronger at 298.75/85 to US dollar Bond yields were down, dealers said. | NEGATIVE | Other |
Sri Lanka stocks close down, selling on diversified financials | 8-May-24 | Stocks & Companies | Turnover was at 2.2 billion. | Sri Lanka stocks close down, selling on diversified financials Turnover was at 2.2 billion. | NEGATIVE | Other |
Sri Lanka 3-month T-bill yield down 18bp | 8-May-24 | Bonds & Forex | The 3-month fell 18 basis points from 9.61 percent to 14.96 percent, with 30 billion rupees in securities offered sold | Sri Lanka 3-month T-bill yield down 18bp The 3-month fell 18 basis points from 9.61 percent to 14.96 percent, with 30 billion rupees in securities offered sold | NEGATIVE | Other |
Sri Lanka to lose 20-pct from $50 tourist visa to VFS Global: legislator | 8-May-24 | Business | "Doesn’t' 10 dollars from that go to the company? | Sri Lanka to lose 20-pct from $50 tourist visa to VFS Global: legislator "Doesn’t' 10 dollars from that go to the company? | NEGATIVE | Other |
Sri Lanka Freedom Party anti-Sirisena faction says its appointments are legal | 8-May-24 | Politics | "So our appointments are legal, is what we say," he said. | Sri Lanka Freedom Party anti-Sirisena faction says its appointments are legal "So our appointments are legal, is what we say," he said. | NEGATIVE | Other |
Sri Lanka to sit-out COP if there is no agreement, climate funding: President | 8-May-24 | Business | "There is a lot of talk. But unfortunately, there has been no agreement,” | Sri Lanka to sit-out COP if there is no agreement, climate funding: President "There is a lot of talk. But unfortunately, there has been no agreement,” | NEGATIVE | Other |
Sri Lanka 'free' visa costs US$21.61 under VFS Global deal: legislator | 8-May-24 | Business | So they are taking 21.65 dollars for a gratis visa when a tourist comes to Sri Lanka | Sri Lanka 'free' visa costs US$21.61 under VFS Global deal: legislator So they are taking 21.65 dollars for a gratis visa when a tourist comes to Sri Lanka | NEGATIVE | Other |
Sri Lanka consumes only half the recommended quantity of pulses: IPS | 8-May-24 | Agriculture | Pulses comprise only 8 percent of Sri Lanka’s per capita protein supply, the institute said. | Sri Lanka consumes only half the recommended quantity of pulses: IPS Pulses comprise only 8 percent of Sri Lanka’s per capita protein supply, the institute said. | NEGATIVE | Other |
Diana Gamage becomes 12th MP to be out of 2020-elected parliament | 8-May-24 | Politics | Diana Gamage faced a legal battle over her citizenship. | Diana Gamage becomes 12th MP to be out of 2020-elected parliament Diana Gamage faced a legal battle over her citizenship. | NEGATIVE | Other |
Outspoken Sri Lanka MP Diana Gamage loses seat, Harsha proposes Mujibur | 8-May-24 | Politics | The apex court of the country made the verdict Wednesday May 08 morning. | Outspoken Sri Lanka MP Diana Gamage loses seat, Harsha proposes Mujibur The apex court of the country made the verdict Wednesday May 08 morning. | NEGATIVE | Other |
Sri Lanka trying to help citizens hired by Russia-Ukraine mercenary firms: Foreign Minister | 8-May-24 | Employment | "We are being asked to deal with a mercenary group which is not a formal government. It’s a very difficult task." | Sri Lanka trying to help citizens hired by Russia-Ukraine mercenary firms: Foreign Minister "We are being asked to deal with a mercenary group which is not a formal government. It’s a very difficult task." | NEGATIVE | Other |
Sri Lanka rupee opens stronger at 298.40/60 to US dollar | 8-May-24 | Bonds & Forex | Bond yields were down, dealers said. | Sri Lanka rupee opens stronger at 298.40/60 to US dollar Bond yields were down, dealers said. | NEGATIVE | Other |
Sri Lanka rupee not seen to be volatile in future: CB Governor | 8-May-24 | Economy | I do not think there will be huge volatility, based on the data that is available at the moment | Sri Lanka rupee not seen to be volatile in future: CB Governor I do not think there will be huge volatility, based on the data that is available at the moment | NEGATIVE | Other |
Sri Lanka gets $100mn for eco-friendly export farming with solar pumps | 8-May-24 | Agriculture | 15,000 farmers from Anuradhapura will benefit in the first phase | Sri Lanka gets $100mn for eco-friendly export farming with solar pumps 15,000 farmers from Anuradhapura will benefit in the first phase | POSITIVE | Agricultural Raw Materials |
Sri Lanka gross foreign reserves rise to 3.5 year high in April | 8-May-24 | Economy | The rupee sharply appreciated in March and early April | Sri Lanka gross foreign reserves rise to 3.5 year high in April The rupee sharply appreciated in March and early April | POSITIVE | Other |
TISL challenges Sri Lanka’s anti-graft chief’s appointment in Supreme Court | 8-May-24 | Corruption | The new Act comes as part of an IMF condition | TISL challenges Sri Lanka’s anti-graft chief’s appointment in Supreme Court The new Act comes as part of an IMF condition | NEGATIVE | Other |
Sri Lanka central bank rings alarm bell over changing current IMF-agreed economic policies | 7-May-24 | Economy | "The economy might go back to the situation like the past crisis if we don’t go with the current policies.” | Sri Lanka central bank rings alarm bell over changing current IMF-agreed economic policies "The economy might go back to the situation like the past crisis if we don’t go with the current policies.” | NEGATIVE | Other |
Sri Lanka's Browns to buy Lipton in Kenya, Tanzania and Rwanda | 7-May-24 | Stocks & Companies | Browns Investments said it had reached an agreement to buy Lipton tea companies in Kenya, Tanzania and Rwanda | Sri Lanka's Browns to buy Lipton in Kenya, Tanzania and Rwanda Browns Investments said it had reached an agreement to buy Lipton tea companies in Kenya, Tanzania and Rwanda | NEGATIVE | Other |
Sri Lanka parliament passes law to delay foreclosed assets | 7-May-24 | Banking | The changes to the Recovery of Loans by Banks (Special Provisions) (Amendment) Bill seeks to delay 'parate execution' | Sri Lanka parliament passes law to delay foreclosed assets The changes to the Recovery of Loans by Banks (Special Provisions) (Amendment) Bill seeks to delay 'parate execution' | NEGATIVE | Other |
Sri Lanka EPF net contribution turn positive again in 2024: Deputy Governor | 7-May-24 | Economy | But in 2024 contributions are positive | Sri Lanka EPF net contribution turn positive again in 2024: Deputy Governor But in 2024 contributions are positive | POSITIVE | Other |
Resolve internship issue before opening more medical faculties in Sri Lanka: GMOA | 7-May-24 | Education | "In three or four years, it will surpass 2,100. We do not have vacancies for 2,000 internships," he said. | Resolve internship issue before opening more medical faculties in Sri Lanka: GMOA "In three or four years, it will surpass 2,100. We do not have vacancies for 2,000 internships," he said. | POSITIVE | Other |
Sri Lanka rupee closes weaker at 299.40/70 to US dollar | 7-May-24 | Bonds & Forex | Bond yields were broadly stable, dealers said. | Sri Lanka rupee closes weaker at 299.40/70 to US dollar Bond yields were broadly stable, dealers said. | POSITIVE | Other |
IFC says committed to Sri Lanka reforms, signs agreements with two corporations | 7-May-24 | Economy | Puliti also highlighted the importance of private sector-led development for inclusive economic growth. | IFC says committed to Sri Lanka reforms, signs agreements with two corporations Puliti also highlighted the importance of private sector-led development for inclusive economic growth. | POSITIVE | Other |
Sri Lanka to establish National Teachers Council to increase professionalism | 7-May-24 | Education | Similar to those of other professions and international best practices to enhance professionalism of country's teachers | Sri Lanka to establish National Teachers Council to increase professionalism Similar to those of other professions and international best practices to enhance professionalism of country's teachers | POSITIVE | Other |
China to support digital classroom project in Sri Lanka | 7-May-24 | Education | The move is expected to address the teacher shortage in the country | China to support digital classroom project in Sri Lanka The move is expected to address the teacher shortage in the country | POSITIVE | Other |
Sri Lanka VFS Global 12-year visa deal worth $840mn: legislator | 7-May-24 | Business | The private contractor would earn up to 100 million dollars by 2035, he claimed | Sri Lanka VFS Global 12-year visa deal worth $840mn: legislator The private contractor would earn up to 100 million dollars by 2035, he claimed | NEGATIVE | Other |
Sri Lanka stocks close marginally down, turnover at Rs2bn | 7-May-24 | Stocks & Companies | Most bank shares closed down, as well as several index heavyweights | Sri Lanka stocks close marginally down, turnover at Rs2bn Most bank shares closed down, as well as several index heavyweights | NEGATIVE | Other |
Singapore ICA to assess Sri Lanka’s airport, immigration for modernization: Minister | 7-May-24 | Government services | Sri Lanka has been looking to improve Immigration, airport | Singapore ICA to assess Sri Lanka’s airport, immigration for modernization: Minister Sri Lanka has been looking to improve Immigration, airport | POSITIVE | Other |
Sri Lanka to accept internationally recognised medical degrees | 7-May-24 | Health | Will change medical ordinance to accept medical degrees awarded by internationally recognized unis | Sri Lanka to accept internationally recognised medical degrees Will change medical ordinance to accept medical degrees awarded by internationally recognized unis | NEGATIVE | Other |
Sri Lanka to buy wind power from Adani for 8.26 US cents | 7-May-24 | Energy | Adani will be paid in rupees at the prevailing exchange rates. | Sri Lanka to buy wind power from Adani for 8.26 US cents Adani will be paid in rupees at the prevailing exchange rates. | NEGATIVE | Other |
Sri Lanka solar power costs down 20-pct as rupee strengthens | 7-May-24 | Energy | Demand for solar power is coming back as the Return on Investment is now higher | Sri Lanka solar power costs down 20-pct as rupee strengthens Demand for solar power is coming back as the Return on Investment is now higher | POSITIVE | Other |
Sri Lanka rupee opens weaker at 299.50/300.50 to US dollar | 7-May-24 | Bonds & Forex | Bond yields were broadly steady, dealers said. | Sri Lanka rupee opens weaker at 299.50/300.50 to US dollar Bond yields were broadly steady, dealers said. | POSITIVE | Other |
Sri Lanka says to issue single entry tourist visa for $50 amid VFS crisis | 7-May-24 | Business | It is not clear whether tourists will be forced to use the VFS global website | Sri Lanka says to issue single entry tourist visa for $50 amid VFS crisis It is not clear whether tourists will be forced to use the VFS global website | NEGATIVE | Other |
Sri Lanka mobile banking users warned of phone hi-jacking scam | 7-May-24 | Banking | This action grants scammers complete access to the mobile device, enabling them to control it remotely | Sri Lanka mobile banking users warned of phone hi-jacking scam This action grants scammers complete access to the mobile device, enabling them to control it remotely | POSITIVE | Other |
Harsha queries Sri Lanka $200mn IVS-VFS Global investment claimed to justify high fees | 7-May-24 | Business | "Where did this investment go? | Harsha queries Sri Lanka $200mn IVS-VFS Global investment claimed to justify high fees "Where did this investment go? | NEGATIVE | Other |
Sri Lanka tourism minister opposes VFS Global linked visa fees in cabinet | 6-May-24 | Business | When the new proposal was introduced, VFS charges were not mentioned | Sri Lanka tourism minister opposes VFS Global linked visa fees in cabinet When the new proposal was introduced, VFS charges were not mentioned | NEGATIVE | Other |
Sri Lanka Minister defends VFS, new visas; accuses corrupt officials over controversy | 6-May-24 | Uncategorized | Sri Lanka's new visa system, VFS handling are under fire over lack of transparency; Minister defends | Sri Lanka Minister defends VFS, new visas; accuses corrupt officials over controversy Sri Lanka's new visa system, VFS handling are under fire over lack of transparency; Minister defends | NEGATIVE | Other |
Sri Lanka Immigration responsible for data protection under VFS deal: Immigration chief | 6-May-24 | Data Protection | President Wickremesinghe’s government is under heavy criticism for outsourcing VFS Global | Sri Lanka Immigration responsible for data protection under VFS deal: Immigration chief President Wickremesinghe’s government is under heavy criticism for outsourcing VFS Global | NEGATIVE | Other |
VFS Global issues statement on Sri Lanka visa deal | 6-May-24 | Business | . | VFS Global issues statement on Sri Lanka visa deal . | NEGATIVE | Other |
No tender needed for Sri Lanka visa deal, nobody can compete against VFS: Minister | 6-May-24 | Business | Many things are done without tender in Sri Lanka and the visa deal was a proposal | No tender needed for Sri Lanka visa deal, nobody can compete against VFS: Minister Many things are done without tender in Sri Lanka and the visa deal was a proposal | NEGATIVE | Other |
Sri Lanka plantation companies benefitted from weak rupee, labourers did not: Minister | 6-May-24 | Tea | "RPCs benefitted from weakening of the rupee that gave them an over 80% increase in rupee revenue in 2023 vs 2021" | Sri Lanka plantation companies benefitted from weak rupee, labourers did not: Minister "RPCs benefitted from weakening of the rupee that gave them an over 80% increase in rupee revenue in 2023 vs 2021" | NEGATIVE | Other |
Sri Lanka rupee closes weaker at 298.00/50 to US dollar | 6-May-24 | Bonds & Forex | Bond yields were down, dealers said. | Sri Lanka rupee closes weaker at 298.00/50 to US dollar Bond yields were down, dealers said. | NEGATIVE | Other |
Sri Lanka children bearing brunt of heatwave: Minister | 6-May-24 | Weather and Climate | “In the mornings, in the assembly, children faint. They get exposed to the heat,” | Sri Lanka children bearing brunt of heatwave: Minister “In the mornings, in the assembly, children faint. They get exposed to the heat,” | POSITIVE | Other |
Sri Lanka stocks close down amidst profit taking, interest in Sunshine | 6-May-24 | Stocks & Companies | Turnover was lower than the preceding week at 2.1 billion. | Sri Lanka stocks close down amidst profit taking, interest in Sunshine Turnover was lower than the preceding week at 2.1 billion. | NEGATIVE | Other |
Sri Lanka to fill vacancies in its Office on Missing Persons | 6-May-24 | Human Rights | Sri Lanka's Parliament has called for applications to fill vacancies in its Office on Missing Persons (OMP). | Sri Lanka to fill vacancies in its Office on Missing Persons Sri Lanka's Parliament has called for applications to fill vacancies in its Office on Missing Persons (OMP). | NEGATIVE | Other |
Sri Lanka denies $10mn election funding by VFS Global over visa deal | 6-May-24 | Business | I do not take even 5 cents from anyone | Sri Lanka denies $10mn election funding by VFS Global over visa deal I do not take even 5 cents from anyone | NEGATIVE | Other |
Sri Lanka to issue 30-day single entry tourist visa below 100 dollars | 6-May-24 | Business | Visa is promised at $50 but it is not clear whether private fees will be charged on top | Sri Lanka to issue 30-day single entry tourist visa below 100 dollars Visa is promised at $50 but it is not clear whether private fees will be charged on top | NEGATIVE | Other |
Sri Lanka expressway SOE to help pay off Rs860bn in debt: Minister | 6-May-24 | Logistics | Dire need for optimal management of commercially productive assets to pay off debt of over Rs860bn | Sri Lanka expressway SOE to help pay off Rs860bn in debt: Minister Dire need for optimal management of commercially productive assets to pay off debt of over Rs860bn | NEGATIVE | Other |
Sri Lanka rupee opens weaker at 297.20/40 to US dollar | 6-May-24 | Bonds & Forex | Bond yields were down, dealers said. | Sri Lanka rupee opens weaker at 297.20/40 to US dollar Bond yields were down, dealers said. | NEGATIVE | Other |
Sri Lanka cabinet loses powers to give free tourist visa with IVS-VFS Global deal? | 6-May-24 | Business | The visa must facilitate the tourist to come | Sri Lanka cabinet loses powers to give free tourist visa with IVS-VFS Global deal? The visa must facilitate the tourist to come | NEGATIVE | Other |
Sri Lanka apparel exporters ask for forex conversion rule to end | 6-May-24 | Economy | Immediate removal of the mandatory conversion of export proceeds is urgently required. | Sri Lanka apparel exporters ask for forex conversion rule to end Immediate removal of the mandatory conversion of export proceeds is urgently required. | NEGATIVE | Consumer Goods Industry |
Sri Lanka and India ferry to start on May 13 with tax breaks | 5-May-24 | Logistics | India to reduce charges and costs by Rs25mn a month | Sri Lanka and India ferry to start on May 13 with tax breaks India to reduce charges and costs by Rs25mn a month | NEGATIVE | Other |
Sri Lanka to regulate homestays amid pedophile fears | 5-May-24 | Business | There should be criteria to lend a so that it does not affect the home environment and also the guest | Sri Lanka to regulate homestays amid pedophile fears There should be criteria to lend a so that it does not affect the home environment and also the guest | NEGATIVE | Other |
Sri Lanka coconut prices continue to fall at auction | 5-May-24 | Business | Farmgate prices in Kurunegala was 72,000- 75,000 per 1000 nuts | Sri Lanka coconut prices continue to fall at auction Farmgate prices in Kurunegala was 72,000- 75,000 per 1000 nuts | NEGATIVE | Other |
Sri Lanka opposition calls for investigation into IVS-VFS Global tourist visa monopoly profits | 4-May-24 | Business | What is the cost of service? The parliament must immediately investigate | Sri Lanka opposition calls for investigation into IVS-VFS Global tourist visa monopoly profits What is the cost of service? The parliament must immediately investigate | NEGATIVE | Other |
Japan to resume stalled projects in Sri Lanka, emphasizes on free, open Indo-Pacific | 4-May-24 | Debt Restructuring | Diplomatic ties between Sri Lanka and Japan has improved under Wickremesinghe after Rajapaksa's LRT cancellation | Japan to resume stalled projects in Sri Lanka, emphasizes on free, open Indo-Pacific Diplomatic ties between Sri Lanka and Japan has improved under Wickremesinghe after Rajapaksa's LRT cancellation | POSITIVE | Other |
Ceylon Chamber Presents Sri Lanka Climate Summit 2024 | 4-May-24 | Environment | "Code Red - Climate Risks and Opportunities for Sri Lankan Businesses" | Ceylon Chamber Presents Sri Lanka Climate Summit 2024 "Code Red - Climate Risks and Opportunities for Sri Lankan Businesses" | POSITIVE | Other |
Sri Lanka racing drivers blame officials for Fox Hill crash deaths | 4-May-24 | Culture | Drivers: The usual protocol was to water the dusty dirt track at least once every three events | Sri Lanka racing drivers blame officials for Fox Hill crash deaths Drivers: The usual protocol was to water the dusty dirt track at least once every three events | NEGATIVE | Other |
Sri Lanka may miss tourism target over IVS-GBS-VFS visa fees, complex forms, President told | 4-May-24 | Business | Travel trade appeals for Presidential intervention | Sri Lanka may miss tourism target over IVS-GBS-VFS visa fees, complex forms, President told Travel trade appeals for Presidential intervention | NEGATIVE | Other |
Sri Lanka revises up April tourist arrivals amid visa crisis | 4-May-24 | Business | Data released up to April 28, initially showed lower tourism numbers | Sri Lanka revises up April tourist arrivals amid visa crisis Data released up to April 28, initially showed lower tourism numbers | NEGATIVE | Other |
Sri Lanka's WS02 to be acquired by EQT | 4-May-24 | Business | . | Sri Lanka's WS02 to be acquired by EQT . | NEGATIVE | Other |
Sri Lanka to remove hotel minimum room rate, breakfast controls from end May | 3-May-24 | Business | So it is up to the hotels also to do their own marketing and they also have to go out there | Sri Lanka to remove hotel minimum room rate, breakfast controls from end May So it is up to the hotels also to do their own marketing and they also have to go out there | NEGATIVE | Other |
IFC to invest Rs3.7bn in Sri Lanka's Sunshine Healthcare | 3-May-24 | Markets | Sunshine Holdings will make further announcements on the dilution of its holding in the future | IFC to invest Rs3.7bn in Sri Lanka's Sunshine Healthcare Sunshine Holdings will make further announcements on the dilution of its holding in the future | NEGATIVE | Other |
Sri Lanka rupee closes weaker at 297.15/35 to US dollar | 3-May-24 | Bonds & Forex | Bond yields were down, dealers said. | Sri Lanka rupee closes weaker at 297.15/35 to US dollar Bond yields were down, dealers said. | NEGATIVE | Other |
SriLankan Airlines regrets for flight delays to and from London | 3-May-24 | Aviation | SriLankan flights have faced some delays in the recent past in both Colombo and foreign airports | SriLankan Airlines regrets for flight delays to and from London SriLankan flights have faced some delays in the recent past in both Colombo and foreign airports | NEGATIVE | Transportation |
Sri Lanka stocks close up, interest in Bukit Darah | 3-May-24 | Stocks & Companies | Turnover was considerably lower than the preceding days at 2.4 billion. | Sri Lanka stocks close up, interest in Bukit Darah Turnover was considerably lower than the preceding days at 2.4 billion. | NEGATIVE | Other |
Sri Lanka's Laugfs makes deeper LPG price cut as rupee gains | 3-May-24 | Energy | The price of a 12.5 kilogram cylinder would be cut to 3,840 rupees from 4,115 rupees by 275 rupees. | Sri Lanka's Laugfs makes deeper LPG price cut as rupee gains The price of a 12.5 kilogram cylinder would be cut to 3,840 rupees from 4,115 rupees by 275 rupees. | NEGATIVE | Other |
Sri Lanka’s Economy Next’s Bellwether piece among SOPA award finalists | 3-May-24 | Media | SOPA’s annual Awards for Editorial Excellence are given to recognize and reward great journalism | Sri Lanka’s Economy Next’s Bellwether piece among SOPA award finalists SOPA’s annual Awards for Editorial Excellence are given to recognize and reward great journalism | POSITIVE | Other |
US, ADB officials offer support for Sri Lanka's debt restructuring: Minister | 3-May-24 | Economic Crisis | Pointed out importance of continuation with reforms that will enable stable economy and avoid any future crisis. | US, ADB officials offer support for Sri Lanka's debt restructuring: Minister Pointed out importance of continuation with reforms that will enable stable economy and avoid any future crisis. | POSITIVE | Other |
Sri Lanka's Litro cuts LP gas price amid rupee appreciation | 3-May-24 | Energy | The price of a 12.5 kilogram cylinder would be cut to 3,940 rupees from 4,115 rupees by 175 rupees | Sri Lanka's Litro cuts LP gas price amid rupee appreciation The price of a 12.5 kilogram cylinder would be cut to 3,940 rupees from 4,115 rupees by 175 rupees | NEGATIVE | Other |
Sri Lanka rupee opens at 296.75/297.25 to US dollar | 3-May-24 | Bonds & Forex | Bond yields were down, dealers said. | Sri Lanka rupee opens at 296.75/297.25 to US dollar Bond yields were down, dealers said. | NEGATIVE | Other |
Sri Lanka IVS-GBS-VFS Global high-priced visa hits fresh controversy | 3-May-24 | Business | The High Commission of India said the company had no connection to India | Sri Lanka IVS-GBS-VFS Global high-priced visa hits fresh controversy The High Commission of India said the company had no connection to India | NEGATIVE | Other |
Sri Lanka working to reach solution with bondholders: Minister | 3-May-24 | Economy | We are confident that second round of discussions will help us reach a solution | Sri Lanka working to reach solution with bondholders: Minister We are confident that second round of discussions will help us reach a solution | POSITIVE | Other |
Sri Lanka to 'take RPCs back' if wage hike order is not followed: Minister | 2-May-24 | Agriculture | "It’s gazetted. Either they do it or we take RPCs back." | Sri Lanka to 'take RPCs back' if wage hike order is not followed: Minister "It’s gazetted. Either they do it or we take RPCs back." | NEGATIVE | Other |
Sri Lanka sets up company to manage Pekoe Trail | 2-May-24 | Business | The promoters say it is the first independent, private sector led entity to manage a tourism experience | Sri Lanka sets up company to manage Pekoe Trail The promoters say it is the first independent, private sector led entity to manage a tourism experience | POSITIVE | Transportation |
Sri Lanka plantations stocks hammered after wage hike gazette | 2-May-24 | Tea | Plantation workers will have to be paid 1350 rupees a day, there will be a ‘daily special allowance’ of 350 rupees | Sri Lanka plantations stocks hammered after wage hike gazette Plantation workers will have to be paid 1350 rupees a day, there will be a ‘daily special allowance’ of 350 rupees | NEGATIVE | Other |
Sri Lanka rupee closes stronger at 296.80/297.10 to US dollar | 2-May-24 | Bonds & Forex | Bond yields were down, dealers said. | Sri Lanka rupee closes stronger at 296.80/297.10 to US dollar Bond yields were down, dealers said. | NEGATIVE | Other |
Sri Lanka stocks close down, possible profit-taking | 2-May-24 | Stocks & Companies | The Colombo Stock Exchange closed down on Thursday, data on its site showed. | Sri Lanka stocks close down, possible profit-taking The Colombo Stock Exchange closed down on Thursday, data on its site showed. | NEGATIVE | Other |
Sri Lanka EDB, CHEC Port City to promote export businesses | 2-May-24 | Business | EDB, CHEC Port City Colombo to facilitate export-oriented businesses | Sri Lanka EDB, CHEC Port City to promote export businesses EDB, CHEC Port City Colombo to facilitate export-oriented businesses | POSITIVE | Other |
Sri Lanka key services help inflows outpace imports by $514mn in March | 2-May-24 | Economy | The services account surplus was $431mn, higher than the reported trade deficit. | Sri Lanka key services help inflows outpace imports by $514mn in March The services account surplus was $431mn, higher than the reported trade deficit. | NEGATIVE | Other |
Sri Lanka rupee opens stronger at 296.50/80 to US dollar | 2-May-24 | Bonds & Forex | Bond yields were broadly steady, dealers said. | Sri Lanka rupee opens stronger at 296.50/80 to US dollar Bond yields were broadly steady, dealers said. | POSITIVE | Other |
Sri Lanka ISB restructure talks await clarity on IMF methodology: Sources | 2-May-24 | Economy | Greater understanding would speed up negotiations | Sri Lanka ISB restructure talks await clarity on IMF methodology: Sources Greater understanding would speed up negotiations | NEGATIVE | Other |
US Fed keep rates unchanged, reduces Treasuries sell-down | 2-May-24 | Economy | Fed would continue to sell-down mortgage backed securities | US Fed keep rates unchanged, reduces Treasuries sell-down Fed would continue to sell-down mortgage backed securities | NEGATIVE | Other |
Sri Lanka's JKH ties up with Melco for casino | 2-May-24 | Business | Melco to invest $115mn in casino | Sri Lanka's JKH ties up with Melco for casino Melco to invest $115mn in casino | NEGATIVE | Other |
Sri Lanka minister vows to act against tourism harassment | 1-May-24 | Corruption | Sri Lanka has witnessed a raft of harassment against foreign visitors recently | Sri Lanka minister vows to act against tourism harassment Sri Lanka has witnessed a raft of harassment against foreign visitors recently | NEGATIVE | Other |
Sri Lanka President announces record wage hike for privatized plantation workers | 1-May-24 | Agriculture | Plantation workers have been protesting for higher wages since 2018 | Sri Lanka President announces record wage hike for privatized plantation workers Plantation workers have been protesting for higher wages since 2018 | POSITIVE | Other |
Supreme Global Holdings with Qatar, India investors, bids for SriLankan | 1-May-24 | Aviation | . | Supreme Global Holdings with Qatar, India investors, bids for SriLankan . | POSITIVE | Other |
Sri Lanka raises profit margin on widely used petrol, diesel in latest revision | 1-May-24 | Energy | Govt could have reduced Octane 92 price by further Rs.7, White diesel by Rs.2 if it had maintained same profit margin | Sri Lanka raises profit margin on widely used petrol, diesel in latest revision Govt could have reduced Octane 92 price by further Rs.7, White diesel by Rs.2 if it had maintained same profit margin | NEGATIVE | Other |
Sri Lanka's Colombo Port volumes up 24-ct on Red Sea attacks | 1-May-24 | Logistics | New ship-to-shore cranes at the ports East Container Terminal can further boost volumes | Sri Lanka's Colombo Port volumes up 24-ct on Red Sea attacks New ship-to-shore cranes at the ports East Container Terminal can further boost volumes | POSITIVE | Other |
UNRWA thanks Sri Lanka for Gaza funds | 1-May-24 | Human Rights | Deadline for accepting of donations to Gaza Fund extended till May 31 | UNRWA thanks Sri Lanka for Gaza funds Deadline for accepting of donations to Gaza Fund extended till May 31 | NEGATIVE | Other |