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Paris Club reassures continued support to debt restructuring Sri Lanka | 20-Apr-24 | Debt Restructuring | Sri Lanka's debt restructuring process has been slower than expected | Paris Club reassures continued support to debt restructuring Sri Lanka Sri Lanka's debt restructuring process has been slower than expected | NEGATIVE | Other |
Overcoming Old and New Challenges for an Inclusive Democracy | 20-Apr-24 | Political News | Such a fund, he says would ensure transparency. | Overcoming Old and New Challenges for an Inclusive Democracy Such a fund, he says would ensure transparency. | POSITIVE | Other |
Sri Lanka discussing extra land, water, for Chinese oil refinery | 19-Apr-24 | Energy | Discussions with China's Sinopec to give extra land, assure water supplies after company decided to expand capacity | Sri Lanka discussing extra land, water, for Chinese oil refinery Discussions with China's Sinopec to give extra land, assure water supplies after company decided to expand capacity | NEGATIVE | Other |
Sri Lanka rupee closes weaker at 302.00/50 to the US dollar | 19-Apr-24 | Bonds & Forex | Bond yields were broadly steady | Sri Lanka rupee closes weaker at 302.00/50 to the US dollar Bond yields were broadly steady | POSITIVE | Other |
Sri Lanka stocks close down, banks trade down | 19-Apr-24 | Stocks & Companies | Turnover at 1.4bn. Diversified financials and banks continued to see selling pressure due to uncertainty on bond talks | Sri Lanka stocks close down, banks trade down Turnover at 1.4bn. Diversified financials and banks continued to see selling pressure due to uncertainty on bond talks | NEGATIVE | Other |
Sri Lanka's Galadari plans $20mn loan from UAE's Masheq Bank | 19-Apr-24 | Stocks & Companies | Loan includes the principal facility of AED 73,400,000 and a green loan tranche up to AED 14,680,000 | Sri Lanka's Galadari plans $20mn loan from UAE's Masheq Bank Loan includes the principal facility of AED 73,400,000 and a green loan tranche up to AED 14,680,000 | NEGATIVE | Other |
Sri Lanka opposition leader questions visa fee hike | 19-Apr-24 | Politics | "When this decision was made, did the government not do a scientific analysis?" he said. | Sri Lanka opposition leader questions visa fee hike "When this decision was made, did the government not do a scientific analysis?" he said. | NEGATIVE | Other |
Wickremesinghe will win no more than 2.5 mn votes at presidential poll: SJB | 19-Apr-24 | Politics | "I predict that, if Mr Wickremesinghe contests, he won't get more than 2.5 million votes." | Wickremesinghe will win no more than 2.5 mn votes at presidential poll: SJB "I predict that, if Mr Wickremesinghe contests, he won't get more than 2.5 million votes." | NEGATIVE | Other |
Sri Lanka Catholic church spokesman questioned over info on Easter attack | 19-Apr-24 | Politics | "I don't know to what extent the statement I made will be useful," he said. | Sri Lanka Catholic church spokesman questioned over info on Easter attack "I don't know to what extent the statement I made will be useful," he said. | NEGATIVE | Other |
Sri Lanka's FitsAir begins Colombo-Dhaka flights | 19-Apr-24 | Aviation | FitsAir will initially operate two weekly flights Wednesday and Sunday on Dhaka-Colombo route with Airbus A320 aircraft | Sri Lanka's FitsAir begins Colombo-Dhaka flights FitsAir will initially operate two weekly flights Wednesday and Sunday on Dhaka-Colombo route with Airbus A320 aircraft | NEGATIVE | Other |
Sri Lanka to establish youth centres with bank executives and trade board members | 19-Apr-24 | Economy | "To nurture budding entrepreneurs through these centres," President | Sri Lanka to establish youth centres with bank executives and trade board members "To nurture budding entrepreneurs through these centres," President | POSITIVE | Other |
Canadian support for women entrepreneurs in Sri Lanka's north | 19-Apr-24 | Economy | World University Service of Canada and Hatch, Yarl IT, LIIN, DMZ, the Criterion Institute empower women in North | Canadian support for women entrepreneurs in Sri Lanka's north World University Service of Canada and Hatch, Yarl IT, LIIN, DMZ, the Criterion Institute empower women in North | POSITIVE | Other |
Sri Lanka rupee quoted wide to US dollar as peg inconsistencies flare up | 19-Apr-24 | Bonds & Forex | Sri Lanka inconsistent peg rears its head | Sri Lanka rupee quoted wide to US dollar as peg inconsistencies flare up Sri Lanka inconsistent peg rears its head | NEGATIVE | Other |
Sri Lanka bonds trade flat, stocks down | 19-Apr-24 | Bonds & Forex | Bond yields were broadly steady. CSE down | Sri Lanka bonds trade flat, stocks down Bond yields were broadly steady. CSE down | NEGATIVE | Other |
Sri Lanka at IMF/WB meeting stress need for concessional loans for Middle Income nations | 19-Apr-24 | Economy | Sri Lanka lost the access to concessional loans when the economy improved to Middle Income category | Sri Lanka at IMF/WB meeting stress need for concessional loans for Middle Income nations Sri Lanka lost the access to concessional loans when the economy improved to Middle Income category | NEGATIVE | Other |
Hopeful of Sri Lanka ISB restructuring deal despite 'some setbacks': IMF Official | 19-Apr-24 | Economy | I'm hopeful that there will be some conclusions down the road | Hopeful of Sri Lanka ISB restructuring deal despite 'some setbacks': IMF Official I'm hopeful that there will be some conclusions down the road | POSITIVE | Other |
World Bank’s IFC emphasizes private sector engagement in Sri Lanka’s growth | 19-Apr-24 | Economy | IFC is the advisor for the restructuring of Sri Lanka's state-owned enterprises | World Bank’s IFC emphasizes private sector engagement in Sri Lanka’s growth IFC is the advisor for the restructuring of Sri Lanka's state-owned enterprises | POSITIVE | Other |
Sajith's favourability improves in March, but AKD continues lead: Sri Lanka survey | 18-Apr-24 | Politics | However, all potential candidates including them had negative ratings for the month. | Sajith's favourability improves in March, but AKD continues lead: Sri Lanka survey However, all potential candidates including them had negative ratings for the month. | POSITIVE | Other |
Sri Lankans trapped in Myanmar forced labour cyberscam come home | 18-Apr-24 | Employment | Eight Sri Lankans trafficked for forced criminal activities in cyber scamming compounds in Myanmar returned to Sri Lanka | Sri Lankans trapped in Myanmar forced labour cyberscam come home Eight Sri Lankans trafficked for forced criminal activities in cyber scamming compounds in Myanmar returned to Sri Lanka | NEGATIVE | Other |
Transparency International files fundamental rights case over medical supplies procurement | 18-Apr-24 | Courts | Cabinet, health officials, companies involved in supply of Human-IG, Customs, Police, CIABOC, among 66 respondent | Transparency International files fundamental rights case over medical supplies procurement Cabinet, health officials, companies involved in supply of Human-IG, Customs, Police, CIABOC, among 66 respondent | NEGATIVE | Other |
Sri Lanka rupee closes at 301.50/302.00 to the US dollar | 18-Apr-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee closes at 301.50/302.00 to the US dollar Bond yields were broadly steady. | POSITIVE | Other |
Sri Lanka stocks close down, selling pressure on diversified financials, banks | 18-Apr-24 | Stocks & Companies | "This was possibly driven by the uncertainty about the direction of the bond talks," | Sri Lanka stocks close down, selling pressure on diversified financials, banks "This was possibly driven by the uncertainty about the direction of the bond talks," | NEGATIVE | Other |
Sri Lanka Freedom Party crisis: Enjoining order extended till May 09 | 18-Apr-24 | Politics | SLFP acting general secretary Mithrapala has filed objections at the National Election Commission to new appointments. | Sri Lanka Freedom Party crisis: Enjoining order extended till May 09 SLFP acting general secretary Mithrapala has filed objections at the National Election Commission to new appointments. | NEGATIVE | Other |
Sri Lanka Police, Environmental Authority ask public to report noise pollution and burning trash | 18-Apr-24 | Crime | Police announce environmental damage hotlines 1997 and 1981 | Sri Lanka Police, Environmental Authority ask public to report noise pollution and burning trash Police announce environmental damage hotlines 1997 and 1981 | NEGATIVE | Other |
Dayasiri rushes to Sirisena's defence in new twist to Sri Lanka Freedom Party saga | 18-Apr-24 | Politics | Jayasekara claimed that a conspiracy has been hatched against the party. | Dayasiri rushes to Sirisena's defence in new twist to Sri Lanka Freedom Party saga Jayasekara claimed that a conspiracy has been hatched against the party. | NEGATIVE | Other |
Sri Lanka's Hunas Holdings to offer room nights trading with Japan firm | 18-Apr-24 | Business | Investors who want to take on risk could also book rooms ahead of time and try to sell them at higher rates later | Sri Lanka's Hunas Holdings to offer room nights trading with Japan firm Investors who want to take on risk could also book rooms ahead of time and try to sell them at higher rates later | NEGATIVE | Other |
Sri Lanka's Commercial Credit Singapore key shareholder under liquidation order | 18-Apr-24 | Stocks & Companies | "The operations of the company will not be impacted as of now by the circumstances detailed above" | Sri Lanka's Commercial Credit Singapore key shareholder under liquidation order "The operations of the company will not be impacted as of now by the circumstances detailed above" | NEGATIVE | Other |
Sri Lanka firms expected to start gender equality panels in planned law | 18-Apr-24 | Business | Gender Focal Point shall be main point of contact in respective institution with regard to addressing gender issues | Sri Lanka firms expected to start gender equality panels in planned law Gender Focal Point shall be main point of contact in respective institution with regard to addressing gender issues | POSITIVE | Other |
Sri Lanka's Dialog Axiata and Airtel unit merger given nod | 18-Apr-24 | Stocks & Companies | The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has granted its approval for the proposed merger | Sri Lanka's Dialog Axiata and Airtel unit merger given nod The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has granted its approval for the proposed merger | POSITIVE | Other |
Sri Lanka to conclude most SOE sales by August; Srilankan by Sept | 18-Apr-24 | Economy | Sri Lanka has yet to conclude any SOE reforms despite more than two years since declared bankruptcy | Sri Lanka to conclude most SOE sales by August; Srilankan by Sept Sri Lanka has yet to conclude any SOE reforms despite more than two years since declared bankruptcy | NEGATIVE | Other |
Sri Lanka electricity sector reforms gazetted | 18-Apr-24 | Power | Public will have two weeks from day of presenting Bill to Parliament to challenge its legality in Supreme Court | Sri Lanka electricity sector reforms gazetted Public will have two weeks from day of presenting Bill to Parliament to challenge its legality in Supreme Court | NEGATIVE | Other |
Sri Lanka tourist visa fees for SAARC citizens up 167-pct with VFS Global levy? | 18-Apr-24 | Business | ASEAN region visitors hit by at least 87-pct increase | Sri Lanka tourist visa fees for SAARC citizens up 167-pct with VFS Global levy? ASEAN region visitors hit by at least 87-pct increase | NEGATIVE | Other |
Sri Lanka rupee opens at 301.00/302.05 to the US dollar | 18-Apr-24 | Bonds & Forex | Bond yields were steady | Sri Lanka rupee opens at 301.00/302.05 to the US dollar Bond yields were steady | POSITIVE | Other |
Japan assures fast track to Sri Lanka's debt restructuring: State FinMin | 18-Apr-24 | Economy | Japan has assured strong backing to Sri Lanka's post-economic crisis revival | Japan assures fast track to Sri Lanka's debt restructuring: State FinMin Japan has assured strong backing to Sri Lanka's post-economic crisis revival | POSITIVE | Other |
Iran rescues 21 Sri Lanka sailors from storm tossed tanker | 18-Apr-24 | Logistics | Cook Islands-flagged tanker had been caught in heavy storms | Iran rescues 21 Sri Lanka sailors from storm tossed tanker Cook Islands-flagged tanker had been caught in heavy storms | NEGATIVE | Other |
Sri Lanka to resume bondholder talks after IMF checks their latest proposal | 18-Apr-24 | Economy | Bondholders are insisting on a GDP link as they believe IMF GDP growth projections are too narrow | Sri Lanka to resume bondholder talks after IMF checks their latest proposal Bondholders are insisting on a GDP link as they believe IMF GDP growth projections are too narrow | NEGATIVE | Other |
Sri Lanka's discussions with bondholders constructive: State finance minister | 17-Apr-24 | Economic Crisis | Next steps would entail further consultation with IMF staff regarding assessments of compatibility of latest proposals | Sri Lanka's discussions with bondholders constructive: State finance minister Next steps would entail further consultation with IMF staff regarding assessments of compatibility of latest proposals | POSITIVE | Other |
Sri Lanka rupee weakens at 301.00/302.05 to the US dollar | 17-Apr-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee weakens at 301.00/302.05 to the US dollar Bond yields were broadly steady. | NEGATIVE | Other |
Sri Lanka Treasury Bill yields down across maturities | 17-Apr-24 | Bonds & Forex | The debt office sold all 30 billion rupees of 3-month bills offered. | Sri Lanka Treasury Bill yields down across maturities The debt office sold all 30 billion rupees of 3-month bills offered. | NEGATIVE | Other |
Sri Lanka stocks close up, banks and index heavyweights see interest | 17-Apr-24 | Bonds & Forex | "There were mixed sentiments. Interest came into banks and index heavyweights." | Sri Lanka stocks close up, banks and index heavyweights see interest "There were mixed sentiments. Interest came into banks and index heavyweights." | NEGATIVE | Other |
Sri Lankan fishermen released from Myanmar prison on Burmese new year | 17-Apr-24 | Fisheries | 15 fishermen taken into custody by Myanmar authorities sentenced to 7 years rigorous imprisonment given general amnesty | Sri Lankan fishermen released from Myanmar prison on Burmese new year 15 fishermen taken into custody by Myanmar authorities sentenced to 7 years rigorous imprisonment given general amnesty | NEGATIVE | Other |
Sri Lanka's UNP scoffs at SJB v NPP debate, calls it 'battle of empty rhetoric' | 17-Apr-24 | Politics | "Two sides that engage in empty rhetoric are about to get on a stage. We can see that." | Sri Lanka's UNP scoffs at SJB v NPP debate, calls it 'battle of empty rhetoric' "Two sides that engage in empty rhetoric are about to get on a stage. We can see that." | NEGATIVE | Other |
Sri Lanka bike mounted police learning to shoot from the seat | 17-Apr-24 | Crime | Team being trained to take aim while riding, IGP says | Sri Lanka bike mounted police learning to shoot from the seat Team being trained to take aim while riding, IGP says | POSITIVE | Other |
Sri Lanka Parliamentary groups call for sensitivity training for staff at public places | 17-Apr-24 | Government services | Staff of Sethsiripaya (and other public spaces) be sensitised, informed about rights of persons with disabilities | Sri Lanka Parliamentary groups call for sensitivity training for staff at public places Staff of Sethsiripaya (and other public spaces) be sensitised, informed about rights of persons with disabilities | POSITIVE | Other |
Sri Lanka's SJB slams NPP's 'debt audit' proposal, insists restructuring is essential | 17-Apr-24 | Economy | "Please understand that the global financial market does not work this way," said de Silva. | Sri Lanka's SJB slams NPP's 'debt audit' proposal, insists restructuring is essential "Please understand that the global financial market does not work this way," said de Silva. | NEGATIVE | Other |
Sri Lanka tourism can be bolstered by leveraging the Pekoe Trail: President | 17-Apr-24 | Tourism | The EU and USAID have extended their support to the Pekoe Trail project. | Sri Lanka tourism can be bolstered by leveraging the Pekoe Trail: President The EU and USAID have extended their support to the Pekoe Trail project. | POSITIVE | Transportation |
Sri Lanka seeks continued support from bilateral and multilateral partners | 17-Apr-24 | Economy | "Shifting the economy to a new growth path which is led by non-debt creating inflows including exports" | Sri Lanka seeks continued support from bilateral and multilateral partners "Shifting the economy to a new growth path which is led by non-debt creating inflows including exports" | POSITIVE | Other |
Sri Lanka jacks up tourist visa fees 50-pct, adds another charge to scrap existing ETA | 17-Apr-24 | Business | Portal says another $18.5 will be charged per visa | Sri Lanka jacks up tourist visa fees 50-pct, adds another charge to scrap existing ETA Portal says another $18.5 will be charged per visa | NEGATIVE | Other |
Sri Lanka rupee opens steady at 300.00/75 to the US dollar | 17-Apr-24 | Bonds & Forex | Bond yields remained broadly steady as well ahead of the bill auction. | Sri Lanka rupee opens steady at 300.00/75 to the US dollar Bond yields remained broadly steady as well ahead of the bill auction. | POSITIVE | Other |
Sri Lanka's UNP invites four SJB heavyweights to return to president's party | 17-Apr-24 | Politics | "I ask you to join in good faith in this new year," said Bandara. | Sri Lanka's UNP invites four SJB heavyweights to return to president's party "I ask you to join in good faith in this new year," said Bandara. | POSITIVE | Other |
Sri Lanka rupee will be taken to Rs270 to dollar: President | 17-Apr-24 | Economy | We will take it to 270. Then you can buy more for the rupee | Sri Lanka rupee will be taken to Rs270 to dollar: President We will take it to 270. Then you can buy more for the rupee | NEGATIVE | Other |
Eyeing Green Bonds, Sri Lanka State FinMin takes part at WB Biodiversity Financing forum | 17-Apr-24 | Economy | Sri Lanka has been attempting to tap global market for Green Bonds since 2023 | Eyeing Green Bonds, Sri Lanka State FinMin takes part at WB Biodiversity Financing forum Sri Lanka has been attempting to tap global market for Green Bonds since 2023 | POSITIVE | Other |
Sri Lanka police chief vows to step up fight against crime, drugs; hints to increase resources | 17-Apr-24 | Crime | Tennakoon claims huge success in fighting against drug menace | Sri Lanka police chief vows to step up fight against crime, drugs; hints to increase resources Tennakoon claims huge success in fighting against drug menace | POSITIVE | Other |
Sri Lanka opposition welcomes ESG bond idea in ISB restructure, slams secrecy | 16-Apr-24 | Economy | Says possible to discuss a detachable value recovery instrument | Sri Lanka opposition welcomes ESG bond idea in ISB restructure, slams secrecy Says possible to discuss a detachable value recovery instrument | NEGATIVE | Other |
Sri Lanka agrees to state contingent factor in ISB exchange, ESG bonds also in play | 16-Apr-24 | Economy | Bondholders make suggestion for upside and downside bonds based on a baseline scenario | Sri Lanka agrees to state contingent factor in ISB exchange, ESG bonds also in play Bondholders make suggestion for upside and downside bonds based on a baseline scenario | NEGATIVE | Other |
Sri Lanka rupee closes weaker at 300.00/75 to the US dollar | 16-Apr-24 | Bonds & Forex | While bond yields remained broadly steady. | Sri Lanka rupee closes weaker at 300.00/75 to the US dollar While bond yields remained broadly steady. | NEGATIVE | Other |
SJB accuses NPP of avoiding calls for Sri Lanka presidential debate | 16-Apr-24 | Politics | "We're ready for both. The JVP is avoiding the issue," said Rajakaruna. | SJB accuses NPP of avoiding calls for Sri Lanka presidential debate "We're ready for both. The JVP is avoiding the issue," said Rajakaruna. | NEGATIVE | Other |
Sri Lanka stocks close down, banks take hit after ISB no deal | 16-Apr-24 | Bonds & Forex | Banks saw selling pressure due to lack of deal with ISB bondholders | Sri Lanka stocks close down, banks take hit after ISB no deal Banks saw selling pressure due to lack of deal with ISB bondholders | NEGATIVE | Other |
Crisis-hit Sri Lanka Freedom Party official accuses seniors of betrayal | 16-Apr-24 | Politics | "We will never allow the destruction of the SLFP," he said. | Crisis-hit Sri Lanka Freedom Party official accuses seniors of betrayal "We will never allow the destruction of the SLFP," he said. | NEGATIVE | Other |
Peradeniya University Sri Lanka, University of Illinois sign MoU for exchange program | 16-Apr-24 | Education | Exchange program in education and research, would provide an opportunity for Sri Lankan students | Peradeniya University Sri Lanka, University of Illinois sign MoU for exchange program Exchange program in education and research, would provide an opportunity for Sri Lankan students | POSITIVE | Other |
Sri Lanka justice minister pondering presidential bid, to decide in coming weeks | 16-Apr-24 | Politics | "I plan to think it over and take a decision over the next few weeks," he added. | Sri Lanka justice minister pondering presidential bid, to decide in coming weeks "I plan to think it over and take a decision over the next few weeks," he added. | POSITIVE | Other |
Sri Lanka, Kyrgyz Republic to expand economic cooperation | 16-Apr-24 | Trade | Foreign Office consultations between Sri Lanka and Kyrgyz Republic held in Bishkek | Sri Lanka, Kyrgyz Republic to expand economic cooperation Foreign Office consultations between Sri Lanka and Kyrgyz Republic held in Bishkek | POSITIVE | Other |
Sri Lanka manufacturing expand amid falling prices, services surge: PMI | 16-Apr-24 | Economy | Manufacturing and services sectors expanded in March ahead of a traditional New Year | Sri Lanka manufacturing expand amid falling prices, services surge: PMI Manufacturing and services sectors expanded in March ahead of a traditional New Year | POSITIVE | Capital Goods |
Sri Lanka rupee opens at 299.00/25 to the US dollar | 16-Apr-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee opens at 299.00/25 to the US dollar Bond yields were broadly steady. | POSITIVE | Other |
Sri Lanka could get hit from a disorderly US tumble: Bellwether | 16-Apr-24 | Bellwether | Every time the US engaged in bad policy Sri Lanka was hit | Sri Lanka could get hit from a disorderly US tumble: Bellwether Every time the US engaged in bad policy Sri Lanka was hit | NEGATIVE | Other |
IMF urged Sri Lanka to preserve "hard earned gains" after economic crisis: State FinMin | 16-Apr-24 | Economy | Sri Lanka has so far successfully fulfilled most commitments it agreed under the IMF programme | IMF urged Sri Lanka to preserve "hard earned gains" after economic crisis: State FinMin Sri Lanka has so far successfully fulfilled most commitments it agreed under the IMF programme | POSITIVE | Other |
Sri Lanka State FinMin meets BCIU in US; discusses post-crisis investment prospects | 16-Apr-24 | Economic Crisis | Semasinghe-led Sri Lankan delegation is in US for IMF/World Bank Spring Meetings | Sri Lanka State FinMin meets BCIU in US; discusses post-crisis investment prospects Semasinghe-led Sri Lankan delegation is in US for IMF/World Bank Spring Meetings | POSITIVE | Other |
India allows Sri Lanka to import 10,000MT of onions | 15-Apr-24 | Economy | National Co-operative Exports Limited will ship the onions | India allows Sri Lanka to import 10,000MT of onions National Co-operative Exports Limited will ship the onions | NEGATIVE | Other |
Iran President to visit Sr Lanka amid rising tension, inaugurate Uma Oya project | 15-Apr-24 | Economy | The long delayed project was originally to be completed in 2024 | Iran President to visit Sr Lanka amid rising tension, inaugurate Uma Oya project The long delayed project was originally to be completed in 2024 | NEGATIVE | Other |
Sri Lanka to discuss two contentious points with bondholders: report | 15-Apr-24 | Economy | The matters will be discussed at round of talks in the near future | Sri Lanka to discuss two contentious points with bondholders: report The matters will be discussed at round of talks in the near future | POSITIVE | Other |
BIMSTEC Secretary General visits Sri Lanka, discusses regional cooperation | 15-Apr-24 | Trade | Met with senior officials to discuss measures to enhance regional cooperation under various BIMSTEC initiatives | BIMSTEC Secretary General visits Sri Lanka, discusses regional cooperation Met with senior officials to discuss measures to enhance regional cooperation under various BIMSTEC initiatives | POSITIVE | Other |
Sri Lanka rupee closes weaker at 299.00/10 to the US dollar | 15-Apr-24 | Bonds & Forex | Bond yields were broadly steady | Sri Lanka rupee closes weaker at 299.00/10 to the US dollar Bond yields were broadly steady | POSITIVE | Other |
Sri Lanka stocks close down, turnover at 2.5bn | 15-Apr-24 | Stocks & Companies | The Colombo Stock Exchange closed down on Monday, data on its site showed. | Sri Lanka stocks close down, turnover at 2.5bn The Colombo Stock Exchange closed down on Monday, data on its site showed. | NEGATIVE | Other |
Sri Lanka SOEs place Rs33,949 debt on each citizen: restructuring unit | 15-Apr-24 | Economic Crisis | 52 State-Owned Enterprises in Sri Lanka incurred losses of LKR 744.6 billion in 2022 | Sri Lanka SOEs place Rs33,949 debt on each citizen: restructuring unit 52 State-Owned Enterprises in Sri Lanka incurred losses of LKR 744.6 billion in 2022 | NEGATIVE | Other |
Sri Lanka's Unisyst Engineering Plc delists from CSE | 15-Apr-24 | Stocks & Companies | SEC approval to delist Unisyst Engineering PLC shares, at an exit offer price of 6 rupees a share | Sri Lanka's Unisyst Engineering Plc delists from CSE SEC approval to delist Unisyst Engineering PLC shares, at an exit offer price of 6 rupees a share | NEGATIVE | Capital Goods |
Kaushali Kusumapala appointed Coca-Cola Country Director for Sri Lanka and the Maldives | 15-Apr-24 | Business | She will collaborate with bottling partners, Coca-Cola Beverages Sri Lanka and Male’ Aerated Water Company, stakeholde... | Kaushali Kusumapala appointed Coca-Cola Country Director for Sri Lanka and the Maldives She will collaborate with bottling partners, Coca-Cola Beverages Sri Lanka and Male’ Aerated Water Company, stakeholde... | POSITIVE | Food Products |
Sri Lanka airport briefed on Boeing B777-9 operations | 15-Apr-24 | Aviation | Boeing's B-777X models promises greater fuel efficiency w | Sri Lanka airport briefed on Boeing B777-9 operations Boeing's B-777X models promises greater fuel efficiency w | POSITIVE | Other |
Sri Lanka rupee opens at 298.40/60 to the US dollar | 15-Apr-24 | Bonds & Forex | Bond yields steady | Sri Lanka rupee opens at 298.40/60 to the US dollar Bond yields steady | POSITIVE | Other |
Sri Lanka seeks parliamentary budget officer for Rs655,000 | 15-Apr-24 | Economy | PBO will analyse every public finance document and brief MPs on costs benefits plus | Sri Lanka seeks parliamentary budget officer for Rs655,000 PBO will analyse every public finance document and brief MPs on costs benefits plus | NEGATIVE | Other |
No rice imports permitted in Sri Lanka, says State FinMin | 15-Apr-24 | Agriculture | The government reduced import tax on rice by 65 rupees for 19 days in January to encourage imports | No rice imports permitted in Sri Lanka, says State FinMin The government reduced import tax on rice by 65 rupees for 19 days in January to encourage imports | NEGATIVE | Other |
Sri Lanka private credit expands in February | 15-Apr-24 | Banking | Rupee appreciation leads to parity changes in dollar credit | Sri Lanka private credit expands in February Rupee appreciation leads to parity changes in dollar credit | POSITIVE | Other |
Sri Lanka eyes speedy debt resolution at IMF/WB Spring Meetings: State Finmin | 14-Apr-24 | Economy | Sri Lanka has made steady progress in debt restructuring, though it was not up to the expected speed | Sri Lanka eyes speedy debt resolution at IMF/WB Spring Meetings: State Finmin Sri Lanka has made steady progress in debt restructuring, though it was not up to the expected speed | POSITIVE | Other |
Sri Lanka undershoots inflation target in first quarter despite VAT hike | 14-Apr-24 | Economy | In our expectation it will remain around 4-5 percent in the next 12 to 18 months | Sri Lanka undershoots inflation target in first quarter despite VAT hike In our expectation it will remain around 4-5 percent in the next 12 to 18 months | NEGATIVE | Other |
LGBTQIA+ Rights: Europe and South Asia See Similar Discriminatory Practices | 14-Apr-24 | Culture | Society’s view on same-sex relationships dimmed with the imposition of Western values | LGBTQIA+ Rights: Europe and South Asia See Similar Discriminatory Practices Society’s view on same-sex relationships dimmed with the imposition of Western values | NEGATIVE | Other |
Sri Lanka making new economic laws to embed structural reforms | 14-Apr-24 | Economy | Several existing laws are also being changed | Sri Lanka making new economic laws to embed structural reforms Several existing laws are also being changed | NEGATIVE | Other |
After PM’s Chinese visit, US NSA talks to Sri Lanka President’s advisor on peace, security | 13-Apr-24 | Defence | US NSA spokes about bilateral engagement, regional security in the Indian Ocean | After PM’s Chinese visit, US NSA talks to Sri Lanka President’s advisor on peace, security US NSA spokes about bilateral engagement, regional security in the Indian Ocean | POSITIVE | Other |
Sri Lanka Diesel sales at 7-month high in March, Petrol at 3-month high | 13-Apr-24 | Energy | Data show sales are on rise after economic crisis | Sri Lanka Diesel sales at 7-month high in March, Petrol at 3-month high Data show sales are on rise after economic crisis | POSITIVE | Other |
Sri Lanka making national tariff policy for export orientation | 13-Apr-24 | Economy | Para tariffs to be phased out | Sri Lanka making national tariff policy for export orientation Para tariffs to be phased out | NEGATIVE | Other |
Sri Lanka to grow 1.9-pct in 2024 despite tax hikes: ADB | 12-Apr-24 | Economy | Reforms and improvement to business climate to help | Sri Lanka to grow 1.9-pct in 2024 despite tax hikes: ADB Reforms and improvement to business climate to help | POSITIVE | Other |
Sri Lanka political elites' vested interests linked to weak institutional structures: Study | 12-Apr-24 | Political News | Any form of institutional strengthening could lead to their private gains being investigated as well | Sri Lanka political elites' vested interests linked to weak institutional structures: Study Any form of institutional strengthening could lead to their private gains being investigated as well | NEGATIVE | Other |
Vietnam businesswoman sentenced to death, central banker to life over bad credit | 12-Apr-24 | Finance | Several bank supervision, state audit and financial regulator officials also jailed | Vietnam businesswoman sentenced to death, central banker to life over bad credit Several bank supervision, state audit and financial regulator officials also jailed | NEGATIVE | Other |
Sri Lanka Yukthiya operations leading addicts to seek Ayurveda high | 12-Apr-24 | Health | A shortage of drugs due to Yukthiya crackdown has led some addicts to look for alternative medicines, minister says | Sri Lanka Yukthiya operations leading addicts to seek Ayurveda high A shortage of drugs due to Yukthiya crackdown has led some addicts to look for alternative medicines, minister says | NEGATIVE | Other |
Arms manufacturers show Indian capability to Sri Lankan military | 12-Apr-24 | Defence | India's military equipment export has risen 10 fold to $2.6 billion in last five years: Indian Envoy | Arms manufacturers show Indian capability to Sri Lankan military India's military equipment export has risen 10 fold to $2.6 billion in last five years: Indian Envoy | POSITIVE | Capital Goods |
Sri Lanka govt waits for LD approval to establish Chartered Institute for Journalists: Minister | 11-Apr-24 | Government services | Plan to set up professional body for journalists was passed in 2021 | Sri Lanka govt waits for LD approval to establish Chartered Institute for Journalists: Minister Plan to set up professional body for journalists was passed in 2021 | NEGATIVE | Other |
Sri Lanka consumer confidence surges to new peak in March 2024 | 11-Apr-24 | Economy | "Indices have been improving since the start of this year, so the general trend has been up." | Sri Lanka consumer confidence surges to new peak in March 2024 "Indices have been improving since the start of this year, so the general trend has been up." | POSITIVE | Other |
Activist complains to Sri Lanka bribery commission on election deposit increase | 11-Apr-24 | Politics | "Only thieving parties will be able to contest elections in the future," he said. | Activist complains to Sri Lanka bribery commission on election deposit increase "Only thieving parties will be able to contest elections in the future," he said. | NEGATIVE | Other |
Sri Lanka airport, port get scanners and smart toilets from Japan | 11-Apr-24 | Tourism | Scanners that detect diseases, baggage, body, passport, and biometric access control gifted under IOM project | Sri Lanka airport, port get scanners and smart toilets from Japan Scanners that detect diseases, baggage, body, passport, and biometric access control gifted under IOM project | NEGATIVE | Other |
War of words continues between Sri Lanka's SJB, NPP on debate | 11-Apr-24 | Politics | NPP member and All Ceylon Farmers Federation Convener Namal Karunaratne scoffed at the suggestion of a debate. | War of words continues between Sri Lanka's SJB, NPP on debate NPP member and All Ceylon Farmers Federation Convener Namal Karunaratne scoffed at the suggestion of a debate. | NEGATIVE | Other |
Sri Lanka Construction Guarantee Fund premiums plunges, investment income up | 11-Apr-24 | General Economy | Premium income at Sri Lanka's Construction Guarantee Fund plunged 87 percent in 2023 amid a downturn in the industry | Sri Lanka Construction Guarantee Fund premiums plunges, investment income up Premium income at Sri Lanka's Construction Guarantee Fund plunged 87 percent in 2023 amid a downturn in the industry | NEGATIVE | Capital Goods |
Sri Lanka's central bank buys $715mn from fx markets in March | 11-Apr-24 | Bonds & Forex | Gross official reserves went up by 431 million US dollars in March as debt was repaid from domestic savings | Sri Lanka's central bank buys $715mn from fx markets in March Gross official reserves went up by 431 million US dollars in March as debt was repaid from domestic savings | NEGATIVE | Other |