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1
Sri Lanka poverty being addressed by Aswesuma safety net: Minister
4/4/2024
Economic Crisis
Rise in poverty in a country that experienced negative 8 percent growth, and bankruptcy is normal, Gunawardana said
Sri Lanka poverty being addressed by Aswesuma safety net: Minister Rise in poverty in a country that experienced negative 8 percent growth, and bankruptcy is normal, Gunawardana said
negative
-1
Sri Lanka's daily COVID-19 cases may be three times what tests suggest: Dr Fernandopulle
5/20/2021
Health
“We recommend that people be confined to their homes for at least two weeks to contain the spread."
Sri Lanka's daily COVID-19 cases may be three times what tests suggest: Dr Fernandopulle “We recommend that people be confined to their homes for at least two weeks to contain the spread."
negative
-1
Sri Lanka solar power costs down 20-pct as rupee strengthens
5/7/2024
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
1
Sri Lanka's ETI Finance, Swarnamahal depositors to be paid from July 25: Corrected
7/22/2020
Banking
Sri Lanka's central bank said compensation of up to 600,000 rupees will be paid to depositors of the failed ETI Finance ...
Sri Lanka's ETI Finance, Swarnamahal depositors to be paid from July 25: Corrected Sri Lanka's central bank said compensation of up to 600,000 rupees will be paid to depositors of the failed ETI Finance ...
negative
-1
Isolated/locked down areas in Sri Lanka to control Coronavirus (May 21)
5/18/2021
Health
Mullativu added from 2300 hours May 17
Isolated/locked down areas in Sri Lanka to control Coronavirus (May 21) Mullativu added from 2300 hours May 17
negative
-1
Justice for Easter Sunday and Justice for Hejaaz: A Christian perspective
5/24/2020
Easter Sunday attacks
There must be justice for Easter Sunday, but there must also be justice for Hejaaz and others subjected to arbitrary arr...
Justice for Easter Sunday and Justice for Hejaaz: A Christian perspective There must be justice for Easter Sunday, but there must also be justice for Hejaaz and others subjected to arbitrary arr...
negative
-1
Sri Lanka choices recalled in Vietnam debate on monetary and fiscal options to target output
4/21/2024
Economy
So there is an issue of policy mix which we're talking, which we've been engaging the authorities with
Sri Lanka choices recalled in Vietnam debate on monetary and fiscal options to target output So there is an issue of policy mix which we're talking, which we've been engaging the authorities with
negative
-1
Sri Lanka poverty has doubled to 25-pct in latest crisis: World Bank VP
12/6/2022
Economy
Poverty has doubled this year from 13 percent 2021 we estimate it is about 25 percent
Sri Lanka poverty has doubled to 25-pct in latest crisis: World Bank VP Poverty has doubled this year from 13 percent 2021 we estimate it is about 25 percent
negative
-1
Sri Lanka opposition questions whether state bank delayed payment
3/24/2022
Banking
Please look into this immediately
Sri Lanka opposition questions whether state bank delayed payment Please look into this immediately
negative
-1
Sri Lanka lifts price controls on bank deposits
9/26/2019
Banking
Sri Lanka has lifted price controls on depositors to expropriate small depositors, in the wake of a currency collapse in...
Sri Lanka lifts price controls on bank deposits Sri Lanka has lifted price controls on depositors to expropriate small depositors, in the wake of a currency collapse in...
positive
1
Sri Lanka gets Rs550mn grant from ADB for Covid-19 test kits, PPE
6/10/2020
Economy
Mania-based Asian Development Bank said it is giving Sri Lanka a 3 million dollar grant from its Asia Pacific Disaster R...
Sri Lanka gets Rs550mn grant from ADB for Covid-19 test kits, PPE Mania-based Asian Development Bank said it is giving Sri Lanka a 3 million dollar grant from its Asia Pacific Disaster R...
negative
-1
Sri Lanka diesel shortage hits power, worker transport: apparel exporters
4/1/2022
Apparel
fuel shortages are affecting our ability to transport our goods and provide staff transport
Sri Lanka diesel shortage hits power, worker transport: apparel exporters fuel shortages are affecting our ability to transport our goods and provide staff transport
negative
-1
Sri Lanka to get US$10mn from World Bank for medicine
4/13/2022
Economy
Country short of 237 drugs, diagnostic equipment under threat
Sri Lanka to get US$10mn from World Bank for medicine Country short of 237 drugs, diagnostic equipment under threat
negative
-1
Sri Lanka asks expatriates to wait until Coronavirus is contained to return
3/27/2020
Legal
Sri Lanka has asked overseas citizens to wait until Coronavirus is contained in the country to return, the President off...
Sri Lanka asks expatriates to wait until Coronavirus is contained to return Sri Lanka has asked overseas citizens to wait until Coronavirus is contained in the country to return, the President off...
negative
-1
Sri Lanka sea reclamation project's China affiliates on US export blacklist
8/30/2020
Defence
The United States has placed several subsidiaries of China Communications Construction Company (CCCC), the ultimate pare...
Sri Lanka sea reclamation project's China affiliates on US export blacklist The United States has placed several subsidiaries of China Communications Construction Company (CCCC), the ultimate pare...
negative
-1
Sri Lanka rupee opens weaker, gilt yields marginally up
7/21/2020
Bonds & Forex
Sri Lanka rupee was quoted weaker at 185.75/82 to US dollar in the spot market on Tuesday while bond yields picked up ma...
Sri Lanka rupee opens weaker, gilt yields marginally up Sri Lanka rupee was quoted weaker at 185.75/82 to US dollar in the spot market on Tuesday while bond yields picked up ma...
negative
-1
Sri Lanka bank foreign exchange spreads almost double in ad hoc peg: analysis
3/14/2023
Bonds & Forex
Spreads widen in volatility, but fx spreads have been high since the spot market was buckled and controlled
Sri Lanka bank foreign exchange spreads almost double in ad hoc peg: analysis Spreads widen in volatility, but fx spreads have been high since the spot market was buckled and controlled
negative
-1
Sri Lanka eyes US$400mn in policy loans from ADB
9/26/2023
Economy
Cabinet nod to sign US$200mn loan
Sri Lanka eyes US$400mn in policy loans from ADB Cabinet nod to sign US$200mn loan
negative
-1
Rajapakshe backs Rajapaksa
10/18/2019
PresPoll2020
UNF MP Wijayadasa Rajapakshe declared his support for Sri Lanka Podujana Peramuna (SLPP) presidential candidate Gotabaya...
Rajapakshe backs Rajapaksa UNF MP Wijayadasa Rajapakshe declared his support for Sri Lanka Podujana Peramuna (SLPP) presidential candidate Gotabaya...
positive
1
Sri Lanka to reform labour laws: President in budget 2023
11/14/2022
Economy
There are also independent contractors
Sri Lanka to reform labour laws: President in budget 2023 There are also independent contractors
positive
1
Sri Lanka low-grown tea prices rise in July third week sale
7/31/2022
Tea
On July 20 auction low grown averaged at 4.54 dollars per kilogram
Sri Lanka low-grown tea prices rise in July third week sale On July 20 auction low grown averaged at 4.54 dollars per kilogram
negative
-1
Sri Lanka industrial activity up 2.8-pct in October
12/17/2018
Business
ECONOMYNEXT- Industrial activity in Sri Lanka grew 2.8 percent from a year earlier in October 2018 with growth across mo...
Sri Lanka industrial activity up 2.8-pct in October ECONOMYNEXT- Industrial activity in Sri Lanka grew 2.8 percent from a year earlier in October 2018 with growth across mo...
positive
1
Sri Lanka rupee firmer at open, gilt yields flat
8/11/2020
Bonds & Forex
Sri Lanka rupee was quoted firmer at 184.40/50 percent on Tuesday in the spot market while bond yields were flat at open...
Sri Lanka rupee firmer at open, gilt yields flat Sri Lanka rupee was quoted firmer at 184.40/50 percent on Tuesday in the spot market while bond yields were flat at open...
negative
-1
IMF team meets Sri Lanka opposition
9/26/2023
Economy
The IMF team is expected to meet President Ranil Wickremesinghe Wednesday
IMF team meets Sri Lanka opposition The IMF team is expected to meet President Ranil Wickremesinghe Wednesday
positive
1
Sri Lanka's First Capital Rs2bn debenture issue in Feb
1/26/2021
Bonds & Forex
Listed investment bank First Capital Holdings Plc, a member of the Janashakthi Group, said it will raise one billion rup...
Sri Lanka's First Capital Rs2bn debenture issue in Feb Listed investment bank First Capital Holdings Plc, a member of the Janashakthi Group, said it will raise one billion rup...
positive
1
Banks in Sri Lanka ordered to delay dividends, profit repatriation, curb ads, travel
1/20/2021
Banking
Banks in Sri Lanka have been ordered to delay dividends and foreign banks profit repatriation until the 2020 accounts ha...
Banks in Sri Lanka ordered to delay dividends, profit repatriation, curb ads, travel Banks in Sri Lanka have been ordered to delay dividends and foreign banks profit repatriation until the 2020 accounts ha...
negative
-1
Sri Lanka's Rs213bn money printing to repay foreign debt: Treasury Secretary explains
8/2/2021
Economy
I have to take rupees from the central bank to get dollars. This is how it happens
Sri Lanka's Rs213bn money printing to repay foreign debt: Treasury Secretary explains I have to take rupees from the central bank to get dollars. This is how it happens
negative
-1
Sirisena struggles to seal new alliance in Sri Lanka re-election bid
3/3/2019
Political News
President Maithripala Sirisena has failed to secure crucial support of the breakaway faction of his Sri Lanka Freedom Pa...
Sirisena struggles to seal new alliance in Sri Lanka re-election bid President Maithripala Sirisena has failed to secure crucial support of the breakaway faction of his Sri Lanka Freedom Pa...
negative
-1
Sri Lanka health workers to go on token strike Nov 24, 25
11/23/2021
Health
"Do not come saying whoever wants to leave can leave or it is unfair that workers are going for a strike at this time."
Sri Lanka health workers to go on token strike Nov 24, 25 "Do not come saying whoever wants to leave can leave or it is unfair that workers are going for a strike at this time."
negative
-1
Sri Lanka insurance claims to fall on Covid-19 curfews, money printing to hit premium growth
6/23/2020
Business
Sri Lanka's motor insurance claims will fall due to Coronavirus curfews but import controls on vehicles to stop currency...
Sri Lanka insurance claims to fall on Covid-19 curfews, money printing to hit premium growth Sri Lanka's motor insurance claims will fall due to Coronavirus curfews but import controls on vehicles to stop currency...
negative
-1
Sri Lanka vegetable prices fall and farmers in difficulties, price controllers not seen
3/31/2020
Economy
Sri Lanka's farmers who could not sell vegetable complained in national television Monday days after a permit raj was ti...
Sri Lanka vegetable prices fall and farmers in difficulties, price controllers not seen Sri Lanka's farmers who could not sell vegetable complained in national television Monday days after a permit raj was ti...
negative
-1
Sri Lanka extends visas of all foreigners till May 12 over Coronavirus
4/1/2020
Business
The validity of all visas issued to foreigner in Sri Lanka will stand as extended till May 14, under an order issued by ...
Sri Lanka extends visas of all foreigners till May 12 over Coronavirus The validity of all visas issued to foreigner in Sri Lanka will stand as extended till May 14, under an order issued by ...
negative
-1
Sri Lanka President explained IMF chief over business community’s tax issues – Advisor
9/26/2023
Debt Restructuring
Sri Lanka's lower government revenue has been a concern for IMF
Sri Lanka President explained IMF chief over business community’s tax issues – Advisor Sri Lanka's lower government revenue has been a concern for IMF
negative
-1
Government stops Rs. 5,000 payment; blames Elections Commission
5/21/2020
Health
The government will not provide the relief payment of Rs 5,000 per needy family for the month of June, in response to a ...
Government stops Rs. 5,000 payment; blames Elections Commission The government will not provide the relief payment of Rs 5,000 per needy family for the month of June, in response to a ...
negative
-1
Sri Lanka stocks gain in lackluster trading after increase in T-bill yields
9/23/2021
Uncategorized
Sri Lanka stock index gained 0.48 percent on Thursday (23) in thin trade
Sri Lanka stocks gain in lackluster trading after increase in T-bill yields Sri Lanka stock index gained 0.48 percent on Thursday (23) in thin trade
negative
-1
Sri Lanka gets ADB help to tender for own LNG terminal
4/8/2019
Energy
ECONOMYNEXT - Sri Lanka's state-run Ceylon Electricity Board has received Asian Development Bank funding to tap internat...
Sri Lanka gets ADB help to tender for own LNG terminal ECONOMYNEXT - Sri Lanka's state-run Ceylon Electricity Board has received Asian Development Bank funding to tap internat...
negative
-1
Sri Lanka sells all offered bills, yields marginally down
12/21/2022
Bonds & Forex
Debt office offered 85 billion rupees of treasury bills and sold all.
Sri Lanka sells all offered bills, yields marginally down Debt office offered 85 billion rupees of treasury bills and sold all.
negative
-1
IMF to allocate SDRs on August 23, Sri Lanka expects around US$800mn
8/3/2021
Economy
The SDR allocation will benefit all members, address the long-term global need for reserves, build confidence
IMF to allocate SDRs on August 23, Sri Lanka expects around US$800mn The SDR allocation will benefit all members, address the long-term global need for reserves, build confidence
negative
-1
INSEE Ecocyle to manage waste at Sri Lanka industrial zone till 2035
6/25/2019
Business
INSEE Ecocycle Lanka, a unit of INSEE Cement will operate a waste management facility at an industrial zone in till 2035...
INSEE Ecocyle to manage waste at Sri Lanka industrial zone till 2035 INSEE Ecocycle Lanka, a unit of INSEE Cement will operate a waste management facility at an industrial zone in till 2035...
negative
-1
Sri Lanka to resume Suraksha student insurance
5/22/2024
Education
Coverage across all types of schools, for students from low-income families earning less than 180,000 rupees annually
Sri Lanka to resume Suraksha student insurance Coverage across all types of schools, for students from low-income families earning less than 180,000 rupees annually
negative
-1
World Bank VP meets Sri Lanka President on reform support
3/1/2023
Economy
World Bank had promised technical support for reform legislation.
World Bank VP meets Sri Lanka President on reform support World Bank had promised technical support for reform legislation.
positive
1
Nagananda, Rohan team up, form new 'worker bee' alliance
8/23/2019
Uncategorized
"Alternative” presidential hopefuls Nagananda Kodituwakku and Rohan Pallewatta joined hands yesterday, vowing to defea...
Nagananda, Rohan team up, form new 'worker bee' alliance "Alternative” presidential hopefuls Nagananda Kodituwakku and Rohan Pallewatta joined hands yesterday, vowing to defea...
positive
1
Unrealised human rights commitments marked 2019 for Sri Lanka - Amnesty
1/31/2020
Politics
Unrealised human rights commitments marked 2019 for Sri Lanka, amid new developments that came in the wake of the Easter...
Unrealised human rights commitments marked 2019 for Sri Lanka - Amnesty Unrealised human rights commitments marked 2019 for Sri Lanka, amid new developments that came in the wake of the Easter...
positive
1
Sampayo "arrest": AG orders investigation on Negombo Police OIC, police media spokesman
8/21/2020
Crime
Attorney General Dappula de Livera has instructed Acting IGP C D Wickramaratne to conduct investigations against the Neg...
Sampayo "arrest": AG orders investigation on Negombo Police OIC, police media spokesman Attorney General Dappula de Livera has instructed Acting IGP C D Wickramaratne to conduct investigations against the Neg...
negative
-1
Sri Lanka casino tax only for locals, cricket betting to stop
4/5/2019
Economy
A 50 US dollar per person casino entrance tax will only be charged from locals and not foreigners, Finance Minister Mang...
Sri Lanka casino tax only for locals, cricket betting to stop A 50 US dollar per person casino entrance tax will only be charged from locals and not foreigners, Finance Minister Mang...
negative
-1
Automation seen displacing Sri Lanka retail sector workers
5/3/2019
ICT
ECONOMYNEXT – Sri Lanka’s retail sector is likely to be badly hit by technology adoption that automates ma...
Automation seen displacing Sri Lanka retail sector workers ECONOMYNEXT – Sri Lanka’s retail sector is likely to be badly hit by technology adoption that automates ma...
negative
-1
Sri Lanka private credit tumbles in April 2020, more money printing
6/15/2020
Banking
Sri Lanka's private credit has tumbled in April 2020 to 13.4 billion rupees from a spike to 120 billion rupees in March ...
Sri Lanka private credit tumbles in April 2020, more money printing Sri Lanka's private credit has tumbled in April 2020 to 13.4 billion rupees from a spike to 120 billion rupees in March ...
negative
-1
Panasian Power to raise Rs400mn for solar power from Emerald Sri Lanka fund
6/18/2019
Energy
Panasian Power Plc, said it plans to raise 400 million rupees from Emerald Fund, which is dedicated to investing in Sri ...
Panasian Power to raise Rs400mn for solar power from Emerald Sri Lanka fund Panasian Power Plc, said it plans to raise 400 million rupees from Emerald Fund, which is dedicated to investing in Sri ...
negative
-1
Epica Awards for Sri Lanka in August
3/20/2019
Miscellaneous
Epica Awards, an international program to recognise creativity in advertising, design, public relations and digital medi...
Epica Awards for Sri Lanka in August Epica Awards, an international program to recognise creativity in advertising, design, public relations and digital medi...
positive
1
Covid 19 outbreak at the Welikada jail probably confined to one Ward – Prison’s Chief
11/7/2020
Courts
Sri Lankan authorities are conducting mass testing for the Coronavirus in its largest jail after at least two dozen inma...
Covid 19 outbreak at the Welikada jail probably confined to one Ward – Prison’s Chief Sri Lankan authorities are conducting mass testing for the Coronavirus in its largest jail after at least two dozen inma...
negative
-1
Vietnam new ambassador to Sri Lanka targets investment, tourism and trade
3/30/2021
Political News
Vietnam's new Ambassador to Sri Lanka Ho Thi Thanh Truc had presented credentials to President Gotabaya Rajapaksa, promi...
Vietnam new ambassador to Sri Lanka targets investment, tourism and trade Vietnam's new Ambassador to Sri Lanka Ho Thi Thanh Truc had presented credentials to President Gotabaya Rajapaksa, promi...
positive
1
Sri Lanka rupee ends flat, gilt yields down
7/10/2020
Bonds & Forex
Sri Lanka rupee closed flat at 185.80/90 to US dollar in the spot market on Friday close while bond yields eased after t...
Sri Lanka rupee ends flat, gilt yields down Sri Lanka rupee closed flat at 185.80/90 to US dollar in the spot market on Friday close while bond yields eased after t...
negative
-1
368 new COVID-19 patients in Sri Lanka; total cases rise to 7,521
10/25/2020
Health
Sri Lankan health officials identified 368 new COVID-19 patients over a 24-hour period that ended at 6am today (25), the...
368 new COVID-19 patients in Sri Lanka; total cases rise to 7,521 Sri Lankan health officials identified 368 new COVID-19 patients over a 24-hour period that ended at 6am today (25), the...
negative
-1
Land deeds for plantation families too: Minister
2/10/2024
Construction and Real Estate
After Urumaya, Estate Infrastructure Minister pushes for land rights of estate people
Land deeds for plantation families too: Minister After Urumaya, Estate Infrastructure Minister pushes for land rights of estate people
positive
1
No plans to lock down Sri Lanka but authorities may reconsider if cases spike
1/28/2022
Health
 "But if it increases beyond a certain limit, and the spreading doesn’t stop, the authorities may have to rethink it....
No plans to lock down Sri Lanka but authorities may reconsider if cases spike  "But if it increases beyond a certain limit, and the spreading doesn’t stop, the authorities may have to rethink it....
negative
-1
Govts, oppositions, religions, media have failed Sri Lanka's war victims: Amnesty chief
5/22/2024
Politics
“The elections slated in the coming months will also have a major impact on the future of Sri Lanka."
Govts, oppositions, religions, media have failed Sri Lanka's war victims: Amnesty chief “The elections slated in the coming months will also have a major impact on the future of Sri Lanka."
negative
-1
Sri Lanka bond yields steady, bills up
10/26/2022
Bonds & Forex
Guidance peg up 8 cents
Sri Lanka bond yields steady, bills up Guidance peg up 8 cents
positive
1
Sri Lanka opposition leader claims VAT hike will shrink economy
11/3/2023
Economy
“This government is shrinking the economy. By increasing VAT, they’re trying to pickpocket the pittance in your hand...
Sri Lanka opposition leader claims VAT hike will shrink economy “This government is shrinking the economy. By increasing VAT, they’re trying to pickpocket the pittance in your hand...
negative
-1
Sri Lanka April trade gap narrows, imports fall sharply, exports weak
6/18/2019
Economy
ECONOMYNEXT - A sharp fall in imports and weak export growth led to a significant narrowing of Sri Lanka’s trade ...
Sri Lanka April trade gap narrows, imports fall sharply, exports weak ECONOMYNEXT - A sharp fall in imports and weak export growth led to a significant narrowing of Sri Lanka’s trade ...
negative
-1
Sri Lanka to consolidate all vocational training institutes into one college: president
2/22/2024
Education
"He expressed optimism about Sri Lanka’s trajectory in embracing evolving technologies," the statement said.
Sri Lanka to consolidate all vocational training institutes into one college: president "He expressed optimism about Sri Lanka’s trajectory in embracing evolving technologies," the statement said.
positive
1
Sri Lanka Air Force undertakes paddy harvesting to assist crisis-hit farmers
2/15/2022
Agriculture
The second and third phases will be conducted at the Knaugahawewa and Ampara areas respectively.
Sri Lanka Air Force undertakes paddy harvesting to assist crisis-hit farmers The second and third phases will be conducted at the Knaugahawewa and Ampara areas respectively.
negative
-1
Trump's barbs cast shadow over Fed meeting
12/19/2018
International news
The US central bank opened its two-day policy meeting on Tuesday and, despite renewed attacks from President Donald Trum...
Trump's barbs cast shadow over Fed meeting The US central bank opened its two-day policy meeting on Tuesday and, despite renewed attacks from President Donald Trum...
positive
1
Sri Lanka detects 75 more Omicron patients, health expert says
1/22/2022
Health
Health experts had speculated Omicron to become the dominant variant due to its high transmissible nature
Sri Lanka detects 75 more Omicron patients, health expert says Health experts had speculated Omicron to become the dominant variant due to its high transmissible nature
negative
-1
Sri Lanka agrees to further changes to terror law to save GSP plus ahead of UNHRC
2/12/2022
Human Rights
Sri Lanka took note of the EU views to take further steps to make PTA fully compliant with international law
Sri Lanka agrees to further changes to terror law to save GSP plus ahead of UNHRC Sri Lanka took note of the EU views to take further steps to make PTA fully compliant with international law
positive
1
Sri Lanka stocks up 0.6-pct
12/14/2020
Markets
Sri Lanka stocks closed 0.2 percent higher on Monday helped by Asiri Hospital Holdings, Melstacorp Plc, and John Keells ...
Sri Lanka stocks up 0.6-pct Sri Lanka stocks closed 0.2 percent higher on Monday helped by Asiri Hospital Holdings, Melstacorp Plc, and John Keells ...
negative
-1
Sri Lanka parliament committee slams failures in public finance management
4/4/2019
Economy
ECONOMYNEXT – A Sri Lankan parliamentary committee overseeing public spending has criticised the finance ministry...
Sri Lanka parliament committee slams failures in public finance management ECONOMYNEXT – A Sri Lankan parliamentary committee overseeing public spending has criticised the finance ministry...
negative
-1
Sri Lanka rupee opens at 275/285 to the US dollar
3/16/2022
Bonds & Forex
Deals done at 260/265 levels
Sri Lanka rupee opens at 275/285 to the US dollar Deals done at 260/265 levels
negative
-1
Ride-hailing firm Grab secures $1.5 billion in funding
3/6/2019
International news
AFP- Southeast Asian ride-hailing firm Grab said on Wednesday it has secured $1.5 billion in fresh financing from a fund...
Ride-hailing firm Grab secures $1.5 billion in funding AFP- Southeast Asian ride-hailing firm Grab said on Wednesday it has secured $1.5 billion in fresh financing from a fund...
positive
1
SriLankan Airlines loses Rs41bn, balance sheet hole Rs168bn
11/13/2019
Aviation
State-run SriLankan Airlines had lost 41 billion rupees in the year to March 2019, with negative assets in the balance s...
SriLankan Airlines loses Rs41bn, balance sheet hole Rs168bn State-run SriLankan Airlines had lost 41 billion rupees in the year to March 2019, with negative assets in the balance s...
negative
-1
Pound tracks back from Brexit highs, Asia markets mixed
3/14/2019
International news
The pound retreated from nine-month highs in Asia on Thursday as investors are dogged by Brexit uncertainty, while equit...
Pound tracks back from Brexit highs, Asia markets mixed The pound retreated from nine-month highs in Asia on Thursday as investors are dogged by Brexit uncertainty, while equit...
negative
-1
Sri Lanka bond yields end higher, rupee at 321/321.30 against the US dollar
4/19/2023
Bonds & Forex
Sri Lanka’s bond and t-bill yields were up at close on Wednesday, dealers said.
Sri Lanka bond yields end higher, rupee at 321/321.30 against the US dollar Sri Lanka’s bond and t-bill yields were up at close on Wednesday, dealers said.
negative
-1
Sri Lanka stock index at fresh all time high as earnings beat expectations
11/5/2021
Markets
Sri Lanka stock index hit a new record peak on Friday (05) with posting its highest single day gain
Sri Lanka stock index at fresh all time high as earnings beat expectations Sri Lanka stock index hit a new record peak on Friday (05) with posting its highest single day gain
positive
1
Sri Lanka's IOC unit authorised to open 50 new filling stations
8/8/2022
Energy
"We will put out the advertisements and open them in the fifty locations."
Sri Lanka's IOC unit authorised to open 50 new filling stations "We will put out the advertisements and open them in the fifty locations."
positive
1
Sri Lanka plans law against unilateral exit from international agreements
8/15/2023
Legal
Sri Lanka's credibility and standing had been hurt by cancelling agreements without consulting the other party
Sri Lanka plans law against unilateral exit from international agreements Sri Lanka's credibility and standing had been hurt by cancelling agreements without consulting the other party
negative
-1
Sri Lanka bankers to use office IDs for work during Coronavirus curfew: police
3/23/2020
Banking
The Central Bank of Sri Lanka (CBSL) has asked commercial banks to be open at least two hours when curfew is lifted in m...
Sri Lanka bankers to use office IDs for work during Coronavirus curfew: police The Central Bank of Sri Lanka (CBSL) has asked commercial banks to be open at least two hours when curfew is lifted in m...
negative
-1
Sri Lanka to draft new obscene publications bill to curb child pornography
9/23/2020
Law and Order
Sri Lanka will draft a new bill on “obscene publications” to curb child ponorgraphy.
Sri Lanka to draft new obscene publications bill to curb child pornography Sri Lanka will draft a new bill on “obscene publications” to curb child ponorgraphy.
negative
-1
Highest unemployment among most educated in Sri Lanka
1/11/2019
Economy
ECONOMYNEXT –Unemployment in Sri Lanka, which has suffered three insurgencies led by educated youth, is highest a...
Highest unemployment among most educated in Sri Lanka ECONOMYNEXT –Unemployment in Sri Lanka, which has suffered three insurgencies led by educated youth, is highest a...
negative
-1
Possibility of community spread through illegal immigrants, Sri Lanka health authorities warn
8/27/2020
Health
Sri Lanka’s Chief Epidemiologist Sudath Samaraweera in a press conference warned of a possibility of spreading the nov...
Possibility of community spread through illegal immigrants, Sri Lanka health authorities warn Sri Lanka’s Chief Epidemiologist Sudath Samaraweera in a press conference warned of a possibility of spreading the nov...
negative
-1
Sri Lanka online businesses to register on QR code system
9/14/2023
Business
The government is unable to acquire any revenue from “large-scale online businesses” operating in the country
Sri Lanka online businesses to register on QR code system The government is unable to acquire any revenue from “large-scale online businesses” operating in the country
negative
-1
Sri Lanka's latest cabinet likely to be dissolved - Spokesman
4/29/2022
Politics
"If majority of them agree to form a cabinet, definitely current cabinet will be dissolved."
Sri Lanka's latest cabinet likely to be dissolved - Spokesman "If majority of them agree to form a cabinet, definitely current cabinet will be dissolved."
negative
-1
World's largest trade deal (RCEP) signed in Vietnam as Sri Lanka controls imports
11/15/2020
Economy
Economic ministers from ten Association of South East Asian Nations and five other partners inked a Regional Comprehensi...
World's largest trade deal (RCEP) signed in Vietnam as Sri Lanka controls imports Economic ministers from ten Association of South East Asian Nations and five other partners inked a Regional Comprehensi...
negative
-1
Sri Lanka rupee at 308 to US dollar after opening stronger
3/5/2024
Bonds & Forex
Bond markets yields were largely unchanged
Sri Lanka rupee at 308 to US dollar after opening stronger Bond markets yields were largely unchanged
negative
-1
Paul Volcker, the man who tamed the Fed, dies at 92
12/9/2019
Economy
Paul Volcker, who tamed the Federal Reserve which was generating high inflation and stagflation in the US after the coll...
Paul Volcker, the man who tamed the Fed, dies at 92 Paul Volcker, who tamed the Federal Reserve which was generating high inflation and stagflation in the US after the coll...
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Sri Lanka bond yields up, kerb dollar strengthens to Rs365.00/366.50
2/11/2023
Bonds & Forex
Rates edged up Friday
Sri Lanka bond yields up, kerb dollar strengthens to Rs365.00/366.50 Rates edged up Friday
positive
1
Sri Lanka stocks rise to record high for third straight day on high turnover
8/25/2021
Stocks & Companies
Sri Lanka’s main stock index gained 1.02 percent on Wednesday crossing the 8,900 psychological benchmark
Sri Lanka stocks rise to record high for third straight day on high turnover Sri Lanka’s main stock index gained 1.02 percent on Wednesday crossing the 8,900 psychological benchmark
positive
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Sri Lanka to hold ground at UNHRC vote on Oct 06: foreign minister
10/5/2022
Human Rights
“This is not a fair reflection of the people’s will. This is heavy lobbying. This is geopolitics,” he said.
Sri Lanka to hold ground at UNHRC vote on Oct 06: foreign minister “This is not a fair reflection of the people’s will. This is heavy lobbying. This is geopolitics,” he said.
negative
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Sri Lanka opposition MP suggests election commission behind local govt polls delay
12/2/2022
Politics
"The EC already has the authority. There is no need at all to seek the AG's advice."
Sri Lanka opposition MP suggests election commission behind local govt polls delay "The EC already has the authority. There is no need at all to seek the AG's advice."
negative
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Sri Lanka rupee bond yields fall after rate cut, sovereign yields up
4/6/2020
Bonds & Forex
Sri Lanka's rupee bond yields fell at open after a rate cut, sovereign bond yields were up, and there were no two way qu...
Sri Lanka rupee bond yields fall after rate cut, sovereign yields up Sri Lanka's rupee bond yields fell at open after a rate cut, sovereign bond yields were up, and there were no two way qu...
negative
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Sabalenka not interested in 'crazy' title talk
1/14/2019
Culture
Aryna Sabalenka has been tipped as a dark horse to win the Australian Open, but the Belarusian said Monday she didn't wa...
Sabalenka not interested in 'crazy' title talk Aryna Sabalenka has been tipped as a dark horse to win the Australian Open, but the Belarusian said Monday she didn't wa...
negative
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Simon Mundy to address Sri Lanka audience on climate, innovation, business
3/9/2022
Environment
On climate change impacts, and possible solutions,
Simon Mundy to address Sri Lanka audience on climate, innovation, business On climate change impacts, and possible solutions,
positive
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Sri Lanka mulls relaxing open account imports for 10 foods: Minister
6/12/2022
Economy
Rice, wheat flour, sugar, potatoes, red dhal, onions, dry chillies and dry fish can be imported under O/A
Sri Lanka mulls relaxing open account imports for 10 foods: Minister Rice, wheat flour, sugar, potatoes, red dhal, onions, dry chillies and dry fish can be imported under O/A
negative
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Sri Lanka must include informal sector workers in social security system: Minister
11/16/2023
Employment
Sri Lanka needs to protect daily wage earners, domestic workers, and allow them to join retirement funds like EPF, ETF
Sri Lanka must include informal sector workers in social security system: Minister Sri Lanka needs to protect daily wage earners, domestic workers, and allow them to join retirement funds like EPF, ETF
negative
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Sri Lanka to pay compensation to Standard Credit Finance depositors
12/5/2018
Banking
ECONOMYNEXT –Sri Lanka’s banking regulator said it would pay compensation to depositors of Standard Credit...
Sri Lanka to pay compensation to Standard Credit Finance depositors ECONOMYNEXT –Sri Lanka’s banking regulator said it would pay compensation to depositors of Standard Credit...
negative
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Singapore flagged X-Press Pearl under watch off Sri Lanka after fire
5/21/2021
Logistics
Sri Lanka vessels monitoring the vessel for fresh fires
Singapore flagged X-Press Pearl under watch off Sri Lanka after fire Sri Lanka vessels monitoring the vessel for fresh fires
negative
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Sri Lanka calls foreign investor interest for petroleum distribution
7/27/2022
Energy
Prospective firms will have to find their own dollars
Sri Lanka calls foreign investor interest for petroleum distribution Prospective firms will have to find their own dollars
negative
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ICT Industry protests tax on card transactions
3/22/2019
Business
The Federation of Information Technology Industry is protesting the imposition of taxes on credit and debit card transac...
ICT Industry protests tax on card transactions The Federation of Information Technology Industry is protesting the imposition of taxes on credit and debit card transac...
negative
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Sri Lanka blocks social media after Church, hotel blasts
4/21/2019
Political News
Sri Lanka has blocked social media platforms including whatsapp and viber after blasts at Catholic Churches in three loc...
Sri Lanka blocks social media after Church, hotel blasts Sri Lanka has blocked social media platforms including whatsapp and viber after blasts at Catholic Churches in three loc...
negative
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Sri Lanka's Pan Asia Bank profits surge in Dec on bad loan recovery
2/20/2020
Banking
Net profits at Sri Lanka's Pan Asia Banking Corporation Plc (PABC) grew 58 percent to 726.8 million rupees in the Decemb...
Sri Lanka's Pan Asia Bank profits surge in Dec on bad loan recovery Net profits at Sri Lanka's Pan Asia Banking Corporation Plc (PABC) grew 58 percent to 726.8 million rupees in the Decemb...
negative
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Sri Lanka to extend visa-free pilot project till April 30: tourism minister
4/1/2024
Tourism
"A final decision to be taken during the next few weeks of the pilot project," Fernando said.
Sri Lanka to extend visa-free pilot project till April 30: tourism minister "A final decision to be taken during the next few weeks of the pilot project," Fernando said.
negative
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Sri Lanka's Nations Trust Bank net up 20-pct in Sept quarter
11/16/2020
Banking
Profits at Sri Lanka’s NTB Banknet profits grew 20 percent to 1.3 billion rupees in the September 2020 quarter from a ...
Sri Lanka's Nations Trust Bank net up 20-pct in Sept quarter Profits at Sri Lanka’s NTB Banknet profits grew 20 percent to 1.3 billion rupees in the September 2020 quarter from a ...
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