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Sri Lanka rupee flat, stocks gain at open
7/1/2020
Bonds & Forex
Sri Lanka rupee was quoted flat at 186.20/30 to US dollar in the spot market on Wednesday from yesterday’s close bond ...
Sri Lanka rupee flat, stocks gain at open Sri Lanka rupee was quoted flat at 186.20/30 to US dollar in the spot market on Wednesday from yesterday’s close bond ...
negative
-1
Sri Lanka coconut prices largely unchanged at auction
5/14/2024
Agriculture
Wholesale prices were 95 to 110 rupees for large nuts and 85 to 90 rupees for small nuts
Sri Lanka coconut prices largely unchanged at auction Wholesale prices were 95 to 110 rupees for large nuts and 85 to 90 rupees for small nuts
negative
-1
Deepavali celebrations - Government issues guidelines
11/12/2020
Health
The Health authorities have issued a set of guidelines to those celebrating the Hindu festival of light – Deepavali - ...
Deepavali celebrations - Government issues guidelines The Health authorities have issued a set of guidelines to those celebrating the Hindu festival of light – Deepavali - ...
negative
-1
Sri Lanka's Windforce begins trading above IPO price
4/22/2021
Markets
Windforce Limited, renewable firm, began trading above its price of 16 rupees per share on Thursday after raising 3.2 bi...
Sri Lanka's Windforce begins trading above IPO price Windforce Limited, renewable firm, began trading above its price of 16 rupees per share on Thursday after raising 3.2 bi...
negative
-1
Sri Lanka stocks end steady after CB held policy rates steady; turnover slumps to over 2-wk low
8/18/2022
Markets
Stocks fell in the last two sessions on profit taking
Sri Lanka stocks end steady after CB held policy rates steady; turnover slumps to over 2-wk low Stocks fell in the last two sessions on profit taking
negative
-1
Sri Lanka interest rates are dictated by the IMF reserve target, not inflation
8/14/2023
Bellwether
It is a shame that country with a 20-pct savings rate cannot maintain reserves and has to depreciate the currency
Sri Lanka interest rates are dictated by the IMF reserve target, not inflation It is a shame that country with a 20-pct savings rate cannot maintain reserves and has to depreciate the currency
negative
-1
Sri Lanka suspends export tax on tea for 6-months
6/18/2020
Economy
Sri Lanka has suspended an export tax on tea for six months to help the tea sector as it recovers from a Coronavirus cri...
Sri Lanka suspends export tax on tea for 6-months Sri Lanka has suspended an export tax on tea for six months to help the tea sector as it recovers from a Coronavirus cri...
negative
-1
Sri Lanka shares drop for 3rd session; uncertainties weigh
6/16/2022
Markets
Economic and political uncertainties weigh on the sentiment
Sri Lanka shares drop for 3rd session; uncertainties weigh Economic and political uncertainties weigh on the sentiment
negative
-1
Sri Lanka has settled 70-pct of foreign debt for 2019: CB Governor
7/19/2019
Economy
Sri Lanka has settled about 70 percent of 5.4 billion US dollars in foreign debt repayments in 2019 and will have a buff...
Sri Lanka has settled 70-pct of foreign debt for 2019: CB Governor Sri Lanka has settled about 70 percent of 5.4 billion US dollars in foreign debt repayments in 2019 and will have a buff...
positive
1
Sri Lanka shares fall to two weeks low as market awaits quarterly reports
4/24/2023
Markets
"Investors assume, based on that, that the quarterly reports will show extremely poor performances
Sri Lanka shares fall to two weeks low as market awaits quarterly reports "Investors assume, based on that, that the quarterly reports will show extremely poor performances
negative
-1
Sri Lanka police chief vows to step up fight against crime, drugs; hints to increase resources
4/17/2024
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
1
Sri Lanka rupee ends weaker, bond yields gain
2/17/2020
Bonds & Forex
Sri Lanka’s rupee ends weaker at 181.50/60 to the US dollar in the spot market on Monday while bond yields gained, dea...
Sri Lanka rupee ends weaker, bond yields gain Sri Lanka’s rupee ends weaker at 181.50/60 to the US dollar in the spot market on Monday while bond yields gained, dea...
negative
-1
Sri Lanka's Expolanka Freight net up 39-pct
2/8/2019
Logistics
Profits at Sri Lanka's Expolanka Freight Holdings Plc grew 39 percent to 469 million rupees in the December 2018 quarter...
Sri Lanka's Expolanka Freight net up 39-pct Profits at Sri Lanka's Expolanka Freight Holdings Plc grew 39 percent to 469 million rupees in the December 2018 quarter...
positive
1
Sri Lanka to fast-track FTA with Thailand in bid to boost exports
2/14/2023
Economy
"The only way to mitigate this is to increase dollar income and reduce outflows."
Sri Lanka to fast-track FTA with Thailand in bid to boost exports "The only way to mitigate this is to increase dollar income and reduce outflows."
negative
-1
X-Press Pearl: Sri Lanka forms expert groups for environmental, economic costs
6/8/2021
Logistics
To get maximum compensation and channel to affected persons
X-Press Pearl: Sri Lanka forms expert groups for environmental, economic costs To get maximum compensation and channel to affected persons
negative
-1
Sri Lanka's Distilleries Company Sept quarter net up 30-pct
11/15/2018
Markets
ECONOMYNEXT - Profits at liqour producer Distilleries Company of Sri Lanka Plc grew 30.2 percent from a year earlier to ...
Sri Lanka's Distilleries Company Sept quarter net up 30-pct ECONOMYNEXT - Profits at liqour producer Distilleries Company of Sri Lanka Plc grew 30.2 percent from a year earlier to ...
positive
1
Coronavirus: latest global developments: South America new epicentre
5/23/2020
International news
South America has become "a new epicentre" of the pandemic, the World Health Organization (WHO) says, following a surge ...
Coronavirus: latest global developments: South America new epicentre South America has become "a new epicentre" of the pandemic, the World Health Organization (WHO) says, following a surge ...
positive
1
Austria to press ahead with digital tax: chancellor
12/29/2018
International news
Austrian Chancellor Sebastian Kurz vowed Saturday to press ahead with a tax on large internet and technology companies, ...
Austria to press ahead with digital tax: chancellor Austrian Chancellor Sebastian Kurz vowed Saturday to press ahead with a tax on large internet and technology companies, ...
positive
1
Sri Lanka plans Temasek style SOE holding company
9/6/2023
Economy
To end SOE dependence on state banks
Sri Lanka plans Temasek style SOE holding company To end SOE dependence on state banks
negative
-1
Three protestors arrested in Sri Lanka for selling stolen items from President's House
7/25/2022
Crime
The suspects had attempted to sell gold-plated brass curtain sockets from the President’s House.
Three protestors arrested in Sri Lanka for selling stolen items from President's House The suspects had attempted to sell gold-plated brass curtain sockets from the President’s House.
negative
-1
Sri Lanka's Access to complete substructure of halted airport terminal
4/9/2024
Aviation
The work will also address the issue of deterioration of steel reinforcements
Sri Lanka's Access to complete substructure of halted airport terminal The work will also address the issue of deterioration of steel reinforcements
negative
-1
Sri Lanka’s Haycarb March quarter net profit up 61-pct
5/15/2019
Markets
ECONOMYNEXT – Sri Lankan coconut shell-based activated carbon manufacturer Haycarb said net profit shot up 61 per...
Sri Lanka’s Haycarb March quarter net profit up 61-pct ECONOMYNEXT – Sri Lankan coconut shell-based activated carbon manufacturer Haycarb said net profit shot up 61 per...
negative
-1
Sri Lanka exports down 8.2-pct in August 2020; UK, Italy, China up
9/12/2020
Economy
Sri Lanka's merchandise exports fell 8.2 percent to 947.7 million US dollars in August 2020, from 1,033.2 million a year...
Sri Lanka exports down 8.2-pct in August 2020; UK, Italy, China up Sri Lanka's merchandise exports fell 8.2 percent to 947.7 million US dollars in August 2020, from 1,033.2 million a year...
negative
-1
Sri Lanka's Colombo tea auction goes online amid Coronavirus curfew
4/6/2020
Commodities
Sri Lanka's Colombo Tea Traders Association and Ceylon Chamber of Commerce which had conducted a physical auction for ov...
Sri Lanka's Colombo tea auction goes online amid Coronavirus curfew Sri Lanka's Colombo Tea Traders Association and Ceylon Chamber of Commerce which had conducted a physical auction for ov...
negative
-1
SriLankan Engineering services Air Seychelles aircraft
9/24/2019
Aviation
State-run SriLankan Airlines said Air Seychelles had become a customer of its engineering unit.
SriLankan Engineering services Air Seychelles aircraft State-run SriLankan Airlines said Air Seychelles had become a customer of its engineering unit.
negative
-1
Sri Lanka should say good bye to minimum room rates: President
11/29/2023
Business
We cannot go on crutches anymore
Sri Lanka should say good bye to minimum room rates: President We cannot go on crutches anymore
negative
-1
Tourists' concerns will be addressed: Sri Lanka state minister
1/12/2024
Tourism
Projects to enhance tourist convenience in cultural sites
Tourists' concerns will be addressed: Sri Lanka state minister Projects to enhance tourist convenience in cultural sites
positive
1
Sri Lanka rupee ends weaker, stocks down 0.77-pct
11/14/2018
Markets
ECONOMYNEXT - The Sri Lanka rupee weakened to a new low of around 176.45/55 rupees against the US dollar on Wednesday wh...
Sri Lanka rupee ends weaker, stocks down 0.77-pct ECONOMYNEXT - The Sri Lanka rupee weakened to a new low of around 176.45/55 rupees against the US dollar on Wednesday wh...
negative
-1
Sri Lanka rupee at 294.50/296 to dollar, bond and bill yields steady at open
6/9/2023
Bonds & Forex
The Spot US dollar closed at 294.0/295.50 rupees rupees on Thursday.
Sri Lanka rupee at 294.50/296 to dollar, bond and bill yields steady at open The Spot US dollar closed at 294.0/295.50 rupees rupees on Thursday.
positive
1
Sri Lanka stocks fall over rate hike expectation amid economic concerns
3/3/2022
Markets
"Investors expect further rate hike at the policy rate meeting tomorrow"
Sri Lanka stocks fall over rate hike expectation amid economic concerns "Investors expect further rate hike at the policy rate meeting tomorrow"
negative
-1
Sri Lanka parliament amends no confidence motion
11/16/2018
Political News
Sri Lanka's parliament has amended a no-confidence motion against Mahinda Rajapaksa removing reference to gazettes issue...
Sri Lanka parliament amends no confidence motion Sri Lanka's parliament has amended a no-confidence motion against Mahinda Rajapaksa removing reference to gazettes issue...
negative
-1
Reforms making Sri Lanka’s SEC enforcement more effective: IMF
5/23/2019
Markets
Sri Lanka’s Securities and Exchange Commission (SEC) has taken measures to improve investigation and enforcement ...
Reforms making Sri Lanka’s SEC enforcement more effective: IMF Sri Lanka’s Securities and Exchange Commission (SEC) has taken measures to improve investigation and enforcement ...
positive
1
Sri Lanka maize output expected to be up 61-pct
1/2/2019
Agriculture
Sri Lanka's maize output for 2018 is estimated to top 300,000 metric tonnes, up 61 percent from 2017 when the country we...
Sri Lanka maize output expected to be up 61-pct Sri Lanka's maize output for 2018 is estimated to top 300,000 metric tonnes, up 61 percent from 2017 when the country we...
positive
1
Sri Lanka economy may contract 6.9-pct in 2022 PM says after soft-peg collapse
6/7/2022
Economy
CB estimates economy may contract 4-5-pct
Sri Lanka economy may contract 6.9-pct in 2022 PM says after soft-peg collapse CB estimates economy may contract 4-5-pct
negative
-1
Sri Lanka president declares services relating to ports, fuel supply, etc as essential
6/18/2021
Economy
Sri Lanka is in an unofficial COVID-19 lockdown since May 21 with curfew-like movement restrictions imposed island wide.
Sri Lanka president declares services relating to ports, fuel supply, etc as essential Sri Lanka is in an unofficial COVID-19 lockdown since May 21 with curfew-like movement restrictions imposed island wide.
negative
-1
Sri Lanka inks US$500mn deal with Korea for Eximbank finance
5/10/2021
Economy
Export Import Bank of Korea will give loans of up to 40-year payback with 10-year grace at rates of 0.15-0.2-pct
Sri Lanka inks US$500mn deal with Korea for Eximbank finance Export Import Bank of Korea will give loans of up to 40-year payback with 10-year grace at rates of 0.15-0.2-pct
negative
-1
Sri Lanka to pilot two floating solar power plants with Korea support
3/14/2023
Energy
The project will be piloted with a 6.83bn won grant
Sri Lanka to pilot two floating solar power plants with Korea support The project will be piloted with a 6.83bn won grant
positive
1
Crisis-hit Sri Lanka president to visit Japan, Manila from Sept 25-30 amid debt restructuring talks
9/15/2022
Economic Crisis
Sri Lanka has sought Japan's assistance to facilitate debt restructuring talks
Crisis-hit Sri Lanka president to visit Japan, Manila from Sept 25-30 amid debt restructuring talks Sri Lanka has sought Japan's assistance to facilitate debt restructuring talks
negative
-1
Sri Lanka snubs first economy-linked debt restructure offer from bondholders
10/19/2023
Economy
Authorities are therefore ready to discuss a potential value recovery instrument if structured appropriately
Sri Lanka snubs first economy-linked debt restructure offer from bondholders Authorities are therefore ready to discuss a potential value recovery instrument if structured appropriately
positive
1
Sri Lanka budget support IMF loan for debt repayment or rupee expenses
4/5/2023
Economy
Anything remaining they can sell to the central bank, take rupees and spend for local expenditure
Sri Lanka budget support IMF loan for debt repayment or rupee expenses Anything remaining they can sell to the central bank, take rupees and spend for local expenditure
negative
-1
China doubles down on bacteria tainted fertilizer row, blacklisting Sri Lanka state bank
10/29/2021
Economy
"Third party test refused. L/C payment obligation refused. PBSL (People’s Bank of Sri Lanka) blacklisted."
China doubles down on bacteria tainted fertilizer row, blacklisting Sri Lanka state bank "Third party test refused. L/C payment obligation refused. PBSL (People’s Bank of Sri Lanka) blacklisted."
negative
-1
Seven inmates at the Bogambara Prison transit centre test positive for Covid
11/7/2020
Health
Seven inmates of a transit centre for transferring prisoners in Bogambara in have tested positive for the Covid 19 virus...
Seven inmates at the Bogambara Prison transit centre test positive for Covid Seven inmates of a transit centre for transferring prisoners in Bogambara in have tested positive for the Covid 19 virus...
negative
-1
Sri Lanka's mid day shares edge up
6/13/2023
Markets
All Share Price Index was up 0.01 percent or 0.68 points to 9,015.51
Sri Lanka's mid day shares edge up All Share Price Index was up 0.01 percent or 0.68 points to 9,015.51
negative
-1
Sri Lanka airport starts online health declarations
10/26/2021
Aviation
This system aims to reduce queuing time at the airport and reduce physical form filling
Sri Lanka airport starts online health declarations This system aims to reduce queuing time at the airport and reduce physical form filling
negative
-1
Sri Lanka stocks close up, banks push turnover
4/4/2024
Stocks & Companies
Hatton National Bank Plc saw the most active volumes traded, Rs417mn, and the share closed up at 195.25
Sri Lanka stocks close up, banks push turnover Hatton National Bank Plc saw the most active volumes traded, Rs417mn, and the share closed up at 195.25
negative
-1
Sri Lanka to tax international credit card transactions 3.5-pct :Budget2019
3/5/2019
Economy
Sri Lanka will charge a 3.5 percent nation building tax tax on international credit card transactions, Finance Minister ...
Sri Lanka to tax international credit card transactions 3.5-pct :Budget2019 Sri Lanka will charge a 3.5 percent nation building tax tax on international credit card transactions, Finance Minister ...
negative
-1
Zimbabwe inflation peaks at 285-pct IMF says, against 70.2-pct in Sri Lanka
12/15/2022
Economy
Real GDP growth is thus expected to decline to about 3.5 percent in 2022
Zimbabwe inflation peaks at 285-pct IMF says, against 70.2-pct in Sri Lanka Real GDP growth is thus expected to decline to about 3.5 percent in 2022
negative
-1
Sri Lanka Coronavirus patients go up to 146 on April 01
4/1/2020
Health
Sri Lanka's Coronavirus patients had gone up to by 03 persons to 146 by Apri01, the state information office said, and p...
Sri Lanka Coronavirus patients go up to 146 on April 01 Sri Lanka's Coronavirus patients had gone up to by 03 persons to 146 by Apri01, the state information office said, and p...
negative
-1
Sri Lanka polls close with over 70-pct turnout in most districts
8/5/2020
Political News
Voting in Sri Lanka's general elections closed at 1700 hours on August 05, with over 70 percent turnout being reported i...
Sri Lanka polls close with over 70-pct turnout in most districts Voting in Sri Lanka's general elections closed at 1700 hours on August 05, with over 70 percent turnout being reported i...
negative
-1
Sri Lanka's Ceylinco Insurance changes name
5/27/2024
Insurance
The company offers insurance, education, hydropower, healthcare and financial services.
Sri Lanka's Ceylinco Insurance changes name The company offers insurance, education, hydropower, healthcare and financial services.
positive
1
Sri Lanka minister urges calm following explosions
4/21/2019
Political News
Sri Lanka's Economic Policy and Public Distribution Minister Harsha de Silva urged citizens to remain calm Sunday mornin...
Sri Lanka minister urges calm following explosions Sri Lanka's Economic Policy and Public Distribution Minister Harsha de Silva urged citizens to remain calm Sunday mornin...
negative
-1
Sri Lanka to remove 200-pct cash margin on vehicle imports
3/6/2019
Economy
A 200 percent cash margin on vehicle imports will be removed in the near future, Finance Minister Mangala Samaraweera sa...
Sri Lanka to remove 200-pct cash margin on vehicle imports A 200 percent cash margin on vehicle imports will be removed in the near future, Finance Minister Mangala Samaraweera sa...
negative
-1
Sri Lanka rupee closes at 197.00/200.00 to greenback in spot next
1/23/2021
Bonds & Forex
Sri Lanka’s rupee closed weaker around 197/200 to the US dollar in spot next market Friday while bond yields rose slig...
Sri Lanka rupee closes at 197.00/200.00 to greenback in spot next Sri Lanka’s rupee closed weaker around 197/200 to the US dollar in spot next market Friday while bond yields rose slig...
negative
-1
Sri Lanka's stocks open on a mixed note before trending down
10/25/2023
Markets
Sri Lanka’s stock indices opened on a mixed note on Wednesday morning, before turning negative.
Sri Lanka's stocks open on a mixed note before trending down Sri Lanka’s stock indices opened on a mixed note on Wednesday morning, before turning negative.
negative
-1
Uber introduces two new safety features to Sri Lanka
12/18/2019
Consumer Affairs
US-based ride-hailing company Uber announced two new safety features for users in Sri Lanka as part of a 'Safety Never S...
Uber introduces two new safety features to Sri Lanka US-based ride-hailing company Uber announced two new safety features for users in Sri Lanka as part of a 'Safety Never S...
negative
-1
Sri Lanka plans water tariff hike
5/3/2023
General Services
After the second electricity tariff hike in February 2023, no changes were made to the water tariff.
Sri Lanka plans water tariff hike After the second electricity tariff hike in February 2023, no changes were made to the water tariff.
negative
-1
Sri Lanka to cut foreign debt, ride Modern Monetary Theory: CB Governor
12/1/2020
Economy
Sri Lanka will cut the share of foreign debt to 40 percent by 2021, raise more domestic debt and repay foreign debt, rid...
Sri Lanka to cut foreign debt, ride Modern Monetary Theory: CB Governor Sri Lanka will cut the share of foreign debt to 40 percent by 2021, raise more domestic debt and repay foreign debt, rid...
negative
-1
President grants general amnesty to 512 prisoners to mark independence day
2/3/2020
Political News
President Gotabaya Rajapaksa has granted a General Amnesty for 512 prisoners to mark the Independence Day on February 4,...
President grants general amnesty to 512 prisoners to mark independence day President Gotabaya Rajapaksa has granted a General Amnesty for 512 prisoners to mark the Independence Day on February 4,...
positive
1
Sri Lanka stocks end flat, selling on JKH
4/10/2019
Markets
Sri Lanka's stocks closed flat on Wednesday, with buying interest on financials and selling on index-heavy John Keells H...
Sri Lanka stocks end flat, selling on JKH Sri Lanka's stocks closed flat on Wednesday, with buying interest on financials and selling on index-heavy John Keells H...
negative
-1
Sri Lanka briefed by Latin America sovereign default expert Lee Buchheit
4/22/2022
Economy
inance Ministry and Central Bank teams arranged for a comprehensive briefing at the IMF HQ on the debt restructuring
Sri Lanka briefed by Latin America sovereign default expert Lee Buchheit inance Ministry and Central Bank teams arranged for a comprehensive briefing at the IMF HQ on the debt restructuring
negative
-1
Sri Lanka’s rupee ends firmer, bond yields ease
7/8/2019
Bonds & Forex
ECONOMYNEXT - Sri Lanka's rupee closed stronger at 176.00/10 rupees to the US dollar in the spot market Monday, while bo...
Sri Lanka’s rupee ends firmer, bond yields ease ECONOMYNEXT - Sri Lanka's rupee closed stronger at 176.00/10 rupees to the US dollar in the spot market Monday, while bo...
negative
-1
Sri Lanka EPF, ETF to be brought under independent board
10/4/2023
Economy
Employees’ Provident Fund (EPF) and Employees’ Trust Fund will be brought under one board, the president told parlia...
Sri Lanka EPF, ETF to be brought under independent board Employees’ Provident Fund (EPF) and Employees’ Trust Fund will be brought under one board, the president told parlia...
negative
-1
Sri Lanka zoo workers end protest; promise to continue unauthorised fertilizer business legally
1/21/2022
Politics
"The fertilizer business was done using the waste of animals and other waste materials," he said.
Sri Lanka zoo workers end protest; promise to continue unauthorised fertilizer business legally "The fertilizer business was done using the waste of animals and other waste materials," he said.
negative
-1
Counsel Corea - "President and the Cabinet are constitutionally responsible to the Parliament"
5/19/2020
Human Rights
Holding Parliamentary General Elections at this time when the COVID 19 pandemic is claiming victims is dangerous and “...
Counsel Corea - "President and the Cabinet are constitutionally responsible to the Parliament" Holding Parliamentary General Elections at this time when the COVID 19 pandemic is claiming victims is dangerous and “...
positive
1
Sri Lanka private hospitals to give Coronvirus testing capacity to government
4/29/2020
Business
Sri Lanka's private hospitals have agreed to give their laboratory test capacity to the government to conduct Coronavir...
Sri Lanka private hospitals to give Coronvirus testing capacity to government Sri Lanka's private hospitals have agreed to give their laboratory test capacity to the government to conduct Coronavir...
negative
-1
Sri Lanka draws up framework to sell green bonds
5/23/2023
Economy
A second party opinion will be sought
Sri Lanka draws up framework to sell green bonds A second party opinion will be sought
positive
1
China leads Sri Lanka's new debt in 2019 with US$990mn expressway loan
7/1/2019
Economy
China led in new loan agreements signed with Sri Lanka for the first 4 months of 2019 with a 989.5 million US dollar loa...
China leads Sri Lanka's new debt in 2019 with US$990mn expressway loan China led in new loan agreements signed with Sri Lanka for the first 4 months of 2019 with a 989.5 million US dollar loa...
negative
-1
Sri Lanka Port City dollarization upheld, constitution violation from depreciation: SC
5/23/2021
Economy
Dollarization would protect the salaries of workers from money printing
Sri Lanka Port City dollarization upheld, constitution violation from depreciation: SC Dollarization would protect the salaries of workers from money printing
negative
-1
Sri Lanka says economy recovering with exceptional Coronavirus control
10/1/2020
Economy
Sri Lanka's domestic economic coming back to pre-Covid-19 levels with exceptional Coronavirus control while exports are ...
Sri Lanka says economy recovering with exceptional Coronavirus control Sri Lanka's domestic economic coming back to pre-Covid-19 levels with exceptional Coronavirus control while exports are ...
positive
1
Sri Lanka bond yields rise on profit taking
3/8/2019
Bonds & Forex
Sri Lanka's rupee ended slightly stronger at 178.40/55 to the US dollar on Friday, while bond yields rose on profit taki...
Sri Lanka bond yields rise on profit taking Sri Lanka's rupee ended slightly stronger at 178.40/55 to the US dollar on Friday, while bond yields rose on profit taki...
negative
-1
Sri Lanka rupee steady, bond yields marginally up
11/11/2020
Bonds & Forex
Sri Lanka rupee closed steady at 184.50/60 to the US dollar in the spot market on Wednesday while bond yields slightly e...
Sri Lanka rupee steady, bond yields marginally up Sri Lanka rupee closed steady at 184.50/60 to the US dollar in the spot market on Wednesday while bond yields slightly e...
negative
-1
Sri Lanka rupee trades around 194.00 to greenback, bonds steady
4/27/2020
Bonds & Forex
Sri Lanka's rupee saw trades in the spot market around 194.00 to the US dollar in intra-day trades Monday, down from 192...
Sri Lanka rupee trades around 194.00 to greenback, bonds steady Sri Lanka's rupee saw trades in the spot market around 194.00 to the US dollar in intra-day trades Monday, down from 192...
negative
-1
Sri Lanka to revise National Savings Bank Act to make bank more competitive
12/21/2023
Banking
Sections of Act should be revised to extend monitoring, identifying new business opportunities, developing enterprise
Sri Lanka to revise National Savings Bank Act to make bank more competitive Sections of Act should be revised to extend monitoring, identifying new business opportunities, developing enterprise
negative
-1
India did not nominate party for WCT, Sri Lanka says had direct talks with Adani
3/9/2021
Logistics
Sri Lanka had direct talks with Adani Ports group over giving a concession to build and operate Colombo Port's West Cont...
India did not nominate party for WCT, Sri Lanka says had direct talks with Adani Sri Lanka had direct talks with Adani Ports group over giving a concession to build and operate Colombo Port's West Cont...
negative
-1
U.S. envoy calls for unity in Sri Lanka, pledges support
4/25/2019
Defence
ECONOMYNEXT – U.S. Ambassador to Sri Lanka Alaina B. Teplitz called for unity in the wake of the Easter Sunday su...
U.S. envoy calls for unity in Sri Lanka, pledges support ECONOMYNEXT – U.S. Ambassador to Sri Lanka Alaina B. Teplitz called for unity in the wake of the Easter Sunday su...
negative
-1
Sri Lanka schedules 3 hour power cut on April 22
4/22/2022
Energy
Two hours in daytime and 1 hours 20 min in the night
Sri Lanka schedules 3 hour power cut on April 22 Two hours in daytime and 1 hours 20 min in the night
negative
-1
Sri Lanka guidance peg strengthen 95 cents in severe forex shortages
6/22/2022
Bonds & Forex
Government's debt office at the central bank raised only a third of required funds through treasury bills
Sri Lanka guidance peg strengthen 95 cents in severe forex shortages Government's debt office at the central bank raised only a third of required funds through treasury bills
negative
-1
Sri Lanka's shares edge up in mid day trade
3/16/2023
Markets
The most liquid index, S&P SL20 was up 0.84 percent or 23.52 points to 2,833.51. 
Sri Lanka's shares edge up in mid day trade The most liquid index, S&P SL20 was up 0.84 percent or 23.52 points to 2,833.51. 
negative
-1
Omicron variant: Sri Lanka to ban inbound travellers from six African countries
11/27/2021
Health
The ban will go into effect from 0000hours on November 28.
Omicron variant: Sri Lanka to ban inbound travellers from six African countries The ban will go into effect from 0000hours on November 28.
negative
-1
Sri Lanka to eyes re-negotiating trade deals amid import controls
2/10/2021
Economy
Sri Lanka has given the nod for the Ministry of Trade to examine ways of re-negotiating existing free trade agreements a...
Sri Lanka to eyes re-negotiating trade deals amid import controls Sri Lanka has given the nod for the Ministry of Trade to examine ways of re-negotiating existing free trade agreements a...
positive
1
UNP will lose if it does not get its act together - Patali
8/22/2019
Uncategorized
Jathika Hela Urumaya (JHU) chief Patali Champika Ranawaka is urging the United National Party to resolve its internal is...
UNP will lose if it does not get its act together - Patali Jathika Hela Urumaya (JHU) chief Patali Champika Ranawaka is urging the United National Party to resolve its internal is...
negative
-1
Sri Lanka's shares gain on DDO
7/11/2023
Markets
Sri Lanka stocks closed up on mixed sentiments.
Sri Lanka's shares gain on DDO Sri Lanka stocks closed up on mixed sentiments.
negative
-1
Sri Lanka finance minister requests media not to probe his North Korea comments
2/4/2022
International Relations
“Are you going to create more problems?” he asked journalists when the question was repeated.
Sri Lanka finance minister requests media not to probe his North Korea comments “Are you going to create more problems?” he asked journalists when the question was repeated.
negative
-1
PM wants to make SL "strongest economic hub" in region
4/4/2019
Economy
Plans have been formulated to make Sri Lanka the strongest economic hub in the region by transforming the whole country ...
PM wants to make SL "strongest economic hub" in region Plans have been formulated to make Sri Lanka the strongest economic hub in the region by transforming the whole country ...
positive
1
Sri Lanka President halts new sub-national taxes, fees; simplification ordered
2/19/2020
Economy
President Gotabaya Rajapaksa has directed Provincial Councils and Local Authorities not to charge any new taxes or fees ...
Sri Lanka President halts new sub-national taxes, fees; simplification ordered President Gotabaya Rajapaksa has directed Provincial Councils and Local Authorities not to charge any new taxes or fees ...
negative
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Asian markets extend rally as China data lifts optimism
4/1/2019
International news
Asian markets rallied Monday, building on last week's healthy gains with investors buoyed by optimism over China-US trad...
Asian markets extend rally as China data lifts optimism Asian markets rallied Monday, building on last week's healthy gains with investors buoyed by optimism over China-US trad...
positive
1
Sri Lanka schedules 3 hours 20 min power cuts on April 20
4/20/2022
Energy
Two hour cuts in daytime and 1 hour 20 min cuts at night
Sri Lanka schedules 3 hours 20 min power cuts on April 20 Two hour cuts in daytime and 1 hour 20 min cuts at night
negative
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Sri Lanka rupee closes at 328.75/80 to US dollar
11/23/2023
Bonds & Forex
Sri Lanka’s rupee closed at 328.75/80 to the US dollar on Thursday, from 328.50/65 the previous day, dealers said.
Sri Lanka rupee closes at 328.75/80 to US dollar Sri Lanka’s rupee closed at 328.75/80 to the US dollar on Thursday, from 328.50/65 the previous day, dealers said.
negative
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Sri Lanka approves tax breaks for China tyre factory
12/8/2020
Economy
Sri Lanka has approved tax breaks for a 300 million dollar tyre factory to be built by Shandong Haohua Tire Co. Limited ...
Sri Lanka approves tax breaks for China tyre factory Sri Lanka has approved tax breaks for a 300 million dollar tyre factory to be built by Shandong Haohua Tire Co. Limited ...
negative
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Sri Lanka exports up 0.7-pct in February, remittances up 5.4-pct
5/15/2020
Economy
Sri Lanka's merchandise exports grew 0.7 percent to 988 million US dollars in February 2020 from a year earlier, while i...
Sri Lanka exports up 0.7-pct in February, remittances up 5.4-pct Sri Lanka's merchandise exports grew 0.7 percent to 988 million US dollars in February 2020 from a year earlier, while i...
negative
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FAO to provide Urea, cash for crisis-hit Sri Lankan small-hold farmers 
6/16/2022
Agriculture
Sri Lanka's ongoing economic crisis has threatened a looming food crisis.
FAO to provide Urea, cash for crisis-hit Sri Lankan small-hold farmers  Sri Lanka's ongoing economic crisis has threatened a looming food crisis.
negative
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Only centre-right UNP can save Sri Lanka's economy: Navin Dissanayake
3/21/2024
Politics
"My brother and I are committed to continue on the political path my father had envisioned," he said.
Only centre-right UNP can save Sri Lanka's economy: Navin Dissanayake "My brother and I are committed to continue on the political path my father had envisioned," he said.
positive
1
Sri Lanka gross foreign reserves at US$3562mn in Oct
11/11/2023
Economy
The central bank's reserve collections slowed or fell especially after June
Sri Lanka gross foreign reserves at US$3562mn in Oct The central bank's reserve collections slowed or fell especially after June
negative
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Five nabbed for illegal excavations near Sigiriya
7/8/2019
Uncategorized
Five persons who allegedly carried out illegal excavations at an archaeological site in Siyambalangotuwa Yaya near Sigir...
Five nabbed for illegal excavations near Sigiriya Five persons who allegedly carried out illegal excavations at an archaeological site in Siyambalangotuwa Yaya near Sigir...
negative
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Sri Lanka rupee steady at open, bond yields flat
10/11/2019
Bonds & Forex
Sri Lanka’s rupee opened flat at 180.65/70 to the US dollar on Friday from Thursday’s close, while bond yields were ...
Sri Lanka rupee steady at open, bond yields flat Sri Lanka’s rupee opened flat at 180.65/70 to the US dollar on Friday from Thursday’s close, while bond yields were ...
negative
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Sri Lanka army dismisses "fabricated attempts" to tarnish quarantine efforts
10/19/2020
Health
Sri Lanka’s army yesterday denied alleged mistreatment of apparel workers quarantined in military-run facilities.
Sri Lanka army dismisses "fabricated attempts" to tarnish quarantine efforts Sri Lanka’s army yesterday denied alleged mistreatment of apparel workers quarantined in military-run facilities.
negative
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Sri Lanka's Bimputh Finance remaining customers to be repaid from deposit insurance
9/4/2023
Bonds & Forex
In 2022 Bimputh had repaid a major portion of depositors in 2022
Sri Lanka's Bimputh Finance remaining customers to be repaid from deposit insurance In 2022 Bimputh had repaid a major portion of depositors in 2022
negative
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Sri Lanka state fertilizer deals won by Swiss Singapore and Midgulf International
7/12/2020
Agriculture
Sri Lanka's state owned enterprises engage in fertilizer distribution have awarded contracts for 75,000 metric tonnes of...
Sri Lanka state fertilizer deals won by Swiss Singapore and Midgulf International Sri Lanka's state owned enterprises engage in fertilizer distribution have awarded contracts for 75,000 metric tonnes of...
negative
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IMF boss Georgieva comments on Sri Lanka deal
9/4/2022
Economy
This is an important step forward for Sri Lanka
IMF boss Georgieva comments on Sri Lanka deal This is an important step forward for Sri Lanka
positive
1
With 'Libra,' Facebook takes on the world of cryptocurrency
6/18/2019
International news
Facebook is leaping into the world of cryptocurrency with its own digital money, designed to let people save, send or sp...
With 'Libra,' Facebook takes on the world of cryptocurrency Facebook is leaping into the world of cryptocurrency with its own digital money, designed to let people save, send or sp...
positive
1