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Sri Lanka's cabinet approves debt recovery suspension amendments
3/12/2024
Banking
Cabinet approved changes to island's debt recovery laws to suspend sale of collateral by bank board resolution (parate)
Sri Lanka's cabinet approves debt recovery suspension amendments Cabinet approved changes to island's debt recovery laws to suspend sale of collateral by bank board resolution (parate)
negative
-1
Sri Lanka rupee quoted weaker at 199.50/201.50 levels in one week forwards market
3/17/2021
Bonds & Forex
Sri Lanka’s rupee quoted at 199.50/201.50 levels to the US dollar in the one week forwards market while the bond yield...
Sri Lanka rupee quoted weaker at 199.50/201.50 levels in one week forwards market Sri Lanka’s rupee quoted at 199.50/201.50 levels to the US dollar in the one week forwards market while the bond yield...
negative
-1
Sri Lanka's Lighthouse Hotel in Rs450mn upgrade
12/24/2018
Business
ECONOMYNEXT – Sri Lanka’s Lighthouse Hotel said it will invest 450 million rupees to refurbish and upgrade...
Sri Lanka's Lighthouse Hotel in Rs450mn upgrade ECONOMYNEXT – Sri Lanka’s Lighthouse Hotel said it will invest 450 million rupees to refurbish and upgrade...
negative
-1
Speaker appoints committee to probe fracas in Sri Lanka parliament
4/22/2021
Politics
A seven-member committee has been appointed to investigate the tense situation that occurred in Sri Lanka’s parliament...
Speaker appoints committee to probe fracas in Sri Lanka parliament A seven-member committee has been appointed to investigate the tense situation that occurred in Sri Lanka’s parliament...
positive
1
Sri Lanka cancels visa of Scotswoman who documented anti-govt protests
8/11/2022
International Relations
Fraser wrote that Sri Lankans should not forget that they got to the streets for a system change.
Sri Lanka cancels visa of Scotswoman who documented anti-govt protests Fraser wrote that Sri Lankans should not forget that they got to the streets for a system change.
positive
1
Sri Lanka rupee quoted weaker, stocks slide
2/28/2020
Bonds & Forex
Sri Lanka’s rupee was quoted weaker at 181.90/00 to the US dollar in the spot market on Friday while bond yields were ...
Sri Lanka rupee quoted weaker, stocks slide Sri Lanka’s rupee was quoted weaker at 181.90/00 to the US dollar in the spot market on Friday while bond yields were ...
negative
-1
Sri Lanka low grown teas ease at auction, high growns up
3/10/2024
Business
Prices have gained from an average of $3.66 kilo seen at the last auction in December to $4.47 by March
Sri Lanka low grown teas ease at auction, high growns up Prices have gained from an average of $3.66 kilo seen at the last auction in December to $4.47 by March
negative
-1
Sri Lanka pumps Rs240bn into banking system during Coronavirus crisis
4/11/2020
Economy
Sri Lanka has pumped 240 billion rupees in liquidity into the banking system an official said of which 140 billion rupee...
Sri Lanka pumps Rs240bn into banking system during Coronavirus crisis Sri Lanka has pumped 240 billion rupees in liquidity into the banking system an official said of which 140 billion rupee...
negative
-1
Sri Lanka inflation to top 6.0-pct in early 2023: CB Governor
1/24/2024
Economy
In the first couple of months there will be a some increase just above the middle path
Sri Lanka inflation to top 6.0-pct in early 2023: CB Governor In the first couple of months there will be a some increase just above the middle path
positive
1
Malaysian Foreign Minister to visit Sri Lanka; discussion on more jobs on card 
10/7/2023
Employment
Malaysian Foreign Minister will meet Sri Lanka, President, PM, his counterpart
Malaysian Foreign Minister to visit Sri Lanka; discussion on more jobs on card  Malaysian Foreign Minister will meet Sri Lanka, President, PM, his counterpart
positive
1
Sri Lanka cardinal seeks UN probe on China's Coronavirus
3/15/2020
Political News
The head of Sri Lanka’s Roman Catholic Church Sunday alleged that the highly contagious Coronavirus may be man-made an...
Sri Lanka cardinal seeks UN probe on China's Coronavirus The head of Sri Lanka’s Roman Catholic Church Sunday alleged that the highly contagious Coronavirus may be man-made an...
negative
-1
Sri Lanka issues fresh guidelines for bailing suspects to reduce prison overcrowding
5/20/2021
Health
Almost all prisons in Sri Lanka are overcrowded making it impossible for the authorities to control an outbreak within.
Sri Lanka issues fresh guidelines for bailing suspects to reduce prison overcrowding Almost all prisons in Sri Lanka are overcrowded making it impossible for the authorities to control an outbreak within.
negative
-1
Crisis-hit Sri Lanka cuts 30 train trips to reduce cost
1/13/2023
Economy
Currently there are 396 trips daily including office hour transports
Crisis-hit Sri Lanka cuts 30 train trips to reduce cost Currently there are 396 trips daily including office hour transports
negative
-1
Sri Lanka to get coal on credit from Indonesia's Arista Mitra
12/27/2022
Energy
Deliveries to start from February 2023
Sri Lanka to get coal on credit from Indonesia's Arista Mitra Deliveries to start from February 2023
negative
-1
Three new COVID-19 patients in Sri Lanka
8/10/2020
Health
Three new COVID-19 patients were identified in Sri Lanka as at 6am today, the National Operations Centre For Prevention ...
Three new COVID-19 patients in Sri Lanka Three new COVID-19 patients were identified in Sri Lanka as at 6am today, the National Operations Centre For Prevention ...
negative
-1
Fed hikes rates 75 basis points to temper Powell bubble as Sri Lanka tea prices ease
11/3/2022
Economy
.
Fed hikes rates 75 basis points to temper Powell bubble as Sri Lanka tea prices ease .
negative
-1
Sri Lanka BOP deficit soars to US$2.7bn to July 2021 as bond auctions fail
9/14/2021
Economy
Weakened credibility of the peg fires several speculative frenzies
Sri Lanka BOP deficit soars to US$2.7bn to July 2021 as bond auctions fail Weakened credibility of the peg fires several speculative frenzies
negative
-1
Sri Lanka stocks reverse three day fall
8/20/2019
Markets
Sri Lanka's stocks closed 0.74 percent higher on Tuesday, halting a three day fall on the back of buying in Ceylon Tobac...
Sri Lanka stocks reverse three day fall Sri Lanka's stocks closed 0.74 percent higher on Tuesday, halting a three day fall on the back of buying in Ceylon Tobac...
negative
-1
All shops in Kandy closed today
6/3/2019
Politics
The Sinhala Traders’ Front (STF) of Kandy has called a Hartal this morning (03) in support of Athuraliye Rathana Ther...
All shops in Kandy closed today The Sinhala Traders’ Front (STF) of Kandy has called a Hartal this morning (03) in support of Athuraliye Rathana Ther...
negative
-1
Sri Lanka CEB's rating outlook lifted to positive by Fitch
7/13/2023
Energy
'B (;ka) rating confirmed
Sri Lanka CEB's rating outlook lifted to positive by Fitch 'B (;ka) rating confirmed
positive
1
Sri Lanka to sell down 20-pct of state banks, Rs450bn for bank recapitalization
11/13/2023
Economy
20-pct of state banks for strategic investor or the public
Sri Lanka to sell down 20-pct of state banks, Rs450bn for bank recapitalization 20-pct of state banks for strategic investor or the public
negative
-1
Sri Lanka Oil Tanker Fire breaks out again ship abandoned Indian and Russian ships join rescue
9/3/2020
Accident
The fire aboard the crude oil carrier MT New Diamond which is 38 kilometers off the eastern coast of the island has brok...
Sri Lanka Oil Tanker Fire breaks out again ship abandoned Indian and Russian ships join rescue The fire aboard the crude oil carrier MT New Diamond which is 38 kilometers off the eastern coast of the island has brok...
negative
-1
SriLankan Airlines cancels flights to Pakistan
2/27/2019
Aviation
Sri Lankan Airlines is cancelling scheduled flights to Karachchi and Lahore after Pakistan closed its airspace amid risi...
SriLankan Airlines cancels flights to Pakistan Sri Lankan Airlines is cancelling scheduled flights to Karachchi and Lahore after Pakistan closed its airspace amid risi...
negative
-1
Sri Lanka coconut auction prices fall for third week
9/16/2020
Agriculture
Sri Lanka's Average coconut prices fell 1.54 percent to 52,794 rupees for 1,000 nuts at the second auction in September ...
Sri Lanka coconut auction prices fall for third week Sri Lanka's Average coconut prices fell 1.54 percent to 52,794 rupees for 1,000 nuts at the second auction in September ...
negative
-1
Fifty per cent drop in electrocutions - PUCSL
6/5/2019
Uncategorized
The number of electrocutions reported in Sri Lanka has fallen by half over the past six years, the Public Utilities Comm...
Fifty per cent drop in electrocutions - PUCSL The number of electrocutions reported in Sri Lanka has fallen by half over the past six years, the Public Utilities Comm...
negative
-1
Sri Lanka Fitch confirms Sunshine Holdings at ‘A(lka)’
5/4/2023
Business
Fitch Ratings said it has confirmed the National Long-Term Rating of Sri Lankan Sunshine Holdings at ‘AA+(lka)’
Sri Lanka Fitch confirms Sunshine Holdings at ‘A(lka)’ Fitch Ratings said it has confirmed the National Long-Term Rating of Sri Lankan Sunshine Holdings at ‘AA+(lka)’
positive
1
Sri Lanka rupee ends firmer, gilt yields ease
11/19/2019
Bonds & Forex
Sri Lanka’s rupee closed stronger at 179.30/40 to the dollar, while gilt yields eased, dealers said.
Sri Lanka rupee ends firmer, gilt yields ease Sri Lanka’s rupee closed stronger at 179.30/40 to the dollar, while gilt yields eased, dealers said.
positive
1
Sri Lanka's EPF to go paperless, diversify portfolio for higher risk-adjusted returns
1/10/2024
Economy
"Going forward, the EPF is committed to enhancing operational efficiency to deliver efficient and effective services."
Sri Lanka's EPF to go paperless, diversify portfolio for higher risk-adjusted returns "Going forward, the EPF is committed to enhancing operational efficiency to deliver efficient and effective services."
positive
1
Government has blatantly violated the Constitution by presenting this Appropriations Bill – Sumant...
11/13/2020
Economy
Opposition Member of Parliament M A Sumanthiran is accusing the government of “blatantly violating the Constitution”...
Government has blatantly violated the Constitution by presenting this Appropriations Bill – Sumant... Opposition Member of Parliament M A Sumanthiran is accusing the government of “blatantly violating the Constitution”...
negative
-1
Sri Lanka’s public security minister: Can’t release full Easter Sunday PCoI report
12/21/2023
Easter Sunday attacks
President Gotabaya Rajapaksa won 2019 election on the promise of strengthening national security after Easter attack
Sri Lanka’s public security minister: Can’t release full Easter Sunday PCoI report President Gotabaya Rajapaksa won 2019 election on the promise of strengthening national security after Easter attack
positive
1
Sri Lanka rupee quoted at 285/310 to US dollar
3/29/2022
Markets
Commercial Banks were offering telegraphic transfers at 299 rupees and buying between 275/289 rupees
Sri Lanka rupee quoted at 285/310 to US dollar Commercial Banks were offering telegraphic transfers at 299 rupees and buying between 275/289 rupees
negative
-1
Sri Lanka President urges calm, orders investigations into explosions
4/21/2019
Political News
Sri Lanka's President Maithripala Sirisena asked citizens to remain calm and not fall victim to rumours or fake news fol...
Sri Lanka President urges calm, orders investigations into explosions Sri Lanka's President Maithripala Sirisena asked citizens to remain calm and not fall victim to rumours or fake news fol...
positive
1
Sri Lanka tea industry braced for Russia-Ukraine fallout
3/1/2022
Agriculture
In January Russia bought 2.5 million kilograms of tea becoming the second largest buyer
Sri Lanka tea industry braced for Russia-Ukraine fallout In January Russia bought 2.5 million kilograms of tea becoming the second largest buyer
negative
-1
Sri Lanka Supreme Court throws life line to Karannagoda
3/8/2019
Legal
Sri Lanka’s Supreme Court Thursday prevented the imminent arrest of retired admiral Wasantha Karannagoda in conne...
Sri Lanka Supreme Court throws life line to Karannagoda Sri Lanka’s Supreme Court Thursday prevented the imminent arrest of retired admiral Wasantha Karannagoda in conne...
negative
-1
VFS Global hires GB Srithar as head of Tourism Services
5/21/2024
People
“His expertise positions him to lead our efforts with our client governments to promote travel, trade, and tourism"
VFS Global hires GB Srithar as head of Tourism Services “His expertise positions him to lead our efforts with our client governments to promote travel, trade, and tourism"
positive
1
Sri Lanka's Dipped Product seeks new markets as Western demand drops
2/20/2023
Business
Also burdened with higher income tax and rising utility prices
Sri Lanka's Dipped Product seeks new markets as Western demand drops Also burdened with higher income tax and rising utility prices
negative
-1
Cosmopolitan Sri Lanka celebrates young movers & shakers in 35 Under 35 list
6/4/2020
Culture
Cosmo introduced its first special edition for the year: The 35 Under 35 Issue, featuring a list of 35 incredible young...
Cosmopolitan Sri Lanka celebrates young movers & shakers in 35 Under 35 list Cosmo introduced its first special edition for the year: The 35 Under 35 Issue, featuring a list of 35 incredible young...
positive
1
Sri Lanka official creditor committee promises relief after formal request
5/10/2023
Economy
It reiterates its invitation to other bilateral official creditors to formally join
Sri Lanka official creditor committee promises relief after formal request It reiterates its invitation to other bilateral official creditors to formally join
positive
1
Sri Lanka central bank's new Governing Board meets
9/22/2023
Economy
Ravi Rathnayake, Anuska Wijesinghe, new members
Sri Lanka central bank's new Governing Board meets Ravi Rathnayake, Anuska Wijesinghe, new members
positive
1
Sri Lanka stocks close 2-pct down amid a new COVID cluster detected
7/10/2020
Markets
Sri Lanka stocks fell 1.92 percent at Friday's close amid a new cluster of coronavirus infections detected at a drug reh...
Sri Lanka stocks close 2-pct down amid a new COVID cluster detected Sri Lanka stocks fell 1.92 percent at Friday's close amid a new cluster of coronavirus infections detected at a drug reh...
negative
-1
Sri Lanka stock market shut after default announcement
4/16/2022
Economy
To digest monetary meltdown
Sri Lanka stock market shut after default announcement To digest monetary meltdown
negative
-1
Sri Lanka schedules power cuts of 1 hour 20 mins for October 22
10/21/2022
Energy
Weekend power cuts reduced with rain
Sri Lanka schedules power cuts of 1 hour 20 mins for October 22 Weekend power cuts reduced with rain
negative
-1
COVID-19 on the rise again in Sri Lanka; 800+ new cases a second day running
1/21/2022
Health
Around 15,279 patients are currently receiving treatment in hospital or at home.
COVID-19 on the rise again in Sri Lanka; 800+ new cases a second day running Around 15,279 patients are currently receiving treatment in hospital or at home.
positive
1
Sri Lanka plans to list state-run hotels and land firm Selendiva in 2021: Treasury Secy
12/3/2020
Economy
Sri Lanka is planning to list a state-run hotel and real estate company in the Colombo Stock Exchange by the end of the ...
Sri Lanka plans to list state-run hotels and land firm Selendiva in 2021: Treasury Secy Sri Lanka is planning to list a state-run hotel and real estate company in the Colombo Stock Exchange by the end of the ...
negative
-1
Sri Lanka CB discontinues reimbursement of remittance transaction cost 
5/12/2023
Bonds & Forex
Remittances have been on the rise and the country aims to double remittances to $1 billion monthly
Sri Lanka CB discontinues reimbursement of remittance transaction cost  Remittances have been on the rise and the country aims to double remittances to $1 billion monthly
negative
-1
MT New Diamond oil tanker salvage to begin off Sri Lanka
9/6/2020
Logistics
Salvage of MT New Diamond, an oil tanker that caught fire off the coast of Sri Lanka is to begin with its Greek owners a...
MT New Diamond oil tanker salvage to begin off Sri Lanka Salvage of MT New Diamond, an oil tanker that caught fire off the coast of Sri Lanka is to begin with its Greek owners a...
negative
-1
Sri Lanka current Covid-19 outbreak from Denmark-Sweden SARS-Cov-2 strain
10/31/2020
Health
Sri Lanka's current Coronavirus disease (Covid-19) outbreak is caused by a strain of SARS-CoV-2 found in Denmark and Swe...
Sri Lanka current Covid-19 outbreak from Denmark-Sweden SARS-Cov-2 strain Sri Lanka's current Coronavirus disease (Covid-19) outbreak is caused by a strain of SARS-CoV-2 found in Denmark and Swe...
negative
-1
United Petroleum of Australia to start Sri Lanka operations by mid this year
3/14/2024
Petroleum
They plan to sign the agreement with the BOI and obtain the license to operate by mid this year
United Petroleum of Australia to start Sri Lanka operations by mid this year They plan to sign the agreement with the BOI and obtain the license to operate by mid this year
positive
1
Sri Lanka to end import bans on cosmetics, motor spares: Minister
10/22/2022
Economy
Following appeals bans on 708 items had been lifted
Sri Lanka to end import bans on cosmetics, motor spares: Minister Following appeals bans on 708 items had been lifted
negative
-1
Sri Lanka's IMF SDR allocation, one hurdle passed amid Iran complication
6/27/2021
Economy
Executive Board concurrence and Board of Governors approval ahead amid Iran jitters
Sri Lanka's IMF SDR allocation, one hurdle passed amid Iran complication Executive Board concurrence and Board of Governors approval ahead amid Iran jitters
negative
-1
UNP unlikely to accept Sirisena's offer
6/5/2019
Politics
President Maithripala Sirisena has reached out to the United National Party in what seems to be an attempt at rapprochem...
UNP unlikely to accept Sirisena's offer President Maithripala Sirisena has reached out to the United National Party in what seems to be an attempt at rapprochem...
negative
-1
Sri Lanka extends special commodity levy on potatoes by four months
9/11/2023
Commodities
Minister of Finance said special commodity levy of 50 rupees on a kilo of potatoes is to be extended by four months
Sri Lanka extends special commodity levy on potatoes by four months Minister of Finance said special commodity levy of 50 rupees on a kilo of potatoes is to be extended by four months
negative
-1
Sri Lanka's largest brewery Lion net up 477-pct in Sept
11/15/2018
Markets
Sri Lanka's Lion Brewery (Ceylon) Plc said profits grew 477 percent from a year earlier to 552.6 million rupees in the S...
Sri Lanka's largest brewery Lion net up 477-pct in Sept Sri Lanka's Lion Brewery (Ceylon) Plc said profits grew 477 percent from a year earlier to 552.6 million rupees in the S...
positive
1
Sri Lanka President's party seeks to be official opposition
12/18/2018
Political News
Sri Lanka's President Maithripala Sirisena's United National People's Alliance will make a formal request to make Mahind...
Sri Lanka President's party seeks to be official opposition Sri Lanka's President Maithripala Sirisena's United National People's Alliance will make a formal request to make Mahind...
negative
-1
Sri Lanka to legalize election guidelines to punish media
12/13/2022
Legal
President has proposed to give legal effect to the guidelines and have provisions to punish those who violate them
Sri Lanka to legalize election guidelines to punish media President has proposed to give legal effect to the guidelines and have provisions to punish those who violate them
negative
-1
Sri Lanka inflation rises 5.9-pct over 17 -months, food down
2/29/2024
Economy
Food prices were down 1.6-pct over 17-months despite VAT hike
Sri Lanka inflation rises 5.9-pct over 17 -months, food down Food prices were down 1.6-pct over 17-months despite VAT hike
negative
-1
Sri Lanka sees 1,995 new companies registered in Jan 2024: President
3/6/2024
Business
The registration of companies rose to 22,376 in 2023. In January 2024, 1,995 new companies were registered.
Sri Lanka sees 1,995 new companies registered in Jan 2024: President The registration of companies rose to 22,376 in 2023. In January 2024, 1,995 new companies were registered.
positive
1
Sri Lanka stocks edge down on profit taking after gaining rally
9/19/2022
Markets
The main index ASPI has gained 10.5 percent in September so far after gaining 17.3 percent in August
Sri Lanka stocks edge down on profit taking after gaining rally The main index ASPI has gained 10.5 percent in September so far after gaining 17.3 percent in August
negative
-1
Heavy rainfall, strong winds in Sri Lanka till end July: Met Dept
7/29/2020
Weather and Climate
Sri Lanka will experience heavy rainfalls and strong winds in coastal areas and south western parts of the country for t...
Heavy rainfall, strong winds in Sri Lanka till end July: Met Dept Sri Lanka will experience heavy rainfalls and strong winds in coastal areas and south western parts of the country for t...
positive
1
Udugama Hospital gets ICU
12/20/2021
Health
To be opened on December 22
Udugama Hospital gets ICU To be opened on December 22
positive
1
Sri Lanka's shares edge down on Expolanka earnings
1/30/2023
Markets
Top losers during mid day trade were Expolanka, LOLC and Sampath Bank. 
Sri Lanka's shares edge down on Expolanka earnings Top losers during mid day trade were Expolanka, LOLC and Sampath Bank. 
negative
-1
Sri Lanka allows exporters to pay local suppliers in dollars
3/12/2022
Economy
Strategic Development Law projects may be given exemptions
Sri Lanka allows exporters to pay local suppliers in dollars Strategic Development Law projects may be given exemptions
negative
-1
Jayawardene urges Sri Lanka to retain World Cup belief
6/30/2019
Culture
Former captain Mahela Jayawardene has urged Sri Lanka to keep believing they can still reach the World Cup semi-finals, ...
Jayawardene urges Sri Lanka to retain World Cup belief Former captain Mahela Jayawardene has urged Sri Lanka to keep believing they can still reach the World Cup semi-finals, ...
positive
1
Citizens should act wisely in election time – Religions for Responsible Governance
11/11/2019
PresPoll2020
Religions for Responsible Governance, a multireligious body, urged the public today to act wisely and responsibly during...
Citizens should act wisely in election time – Religions for Responsible Governance Religions for Responsible Governance, a multireligious body, urged the public today to act wisely and responsibly during...
positive
1
Sri Lanka stocks close 0.16-pct higher
6/13/2019
Markets
ECONOMYNEXT – Colombo’s stock market closed 0.16 percent higher Thursday with buying seen in Distilleries ...
Sri Lanka stocks close 0.16-pct higher ECONOMYNEXT – Colombo’s stock market closed 0.16 percent higher Thursday with buying seen in Distilleries ...
negative
-1
Sri Lanka Bar Association concerned about police brutality, says will intervene if necessary
4/3/2021
Human Rights
The Bar Association of Sri Lanka (BASL) will observe action being taken to curb what it calls a disturbing trend of poli...
Sri Lanka Bar Association concerned about police brutality, says will intervene if necessary The Bar Association of Sri Lanka (BASL) will observe action being taken to curb what it calls a disturbing trend of poli...
negative
-1
Sri Lanka spends Rs138bn on Coronavirus battle, relief: Minister Cabraal
5/19/2021
Economy
Spending in 2020 was Rs96.05 billion in 2021 Rs41.9 billion
Sri Lanka spends Rs138bn on Coronavirus battle, relief: Minister Cabraal Spending in 2020 was Rs96.05 billion in 2021 Rs41.9 billion
negative
-1
Fear in Mirigama and Pallewela as illicit liquor takes lives
8/5/2019
Uncategorized
The Criminal Investigation Department has taken over the probe into multiple fatal poisoning from illicit liquor in the ...
Fear in Mirigama and Pallewela as illicit liquor takes lives The Criminal Investigation Department has taken over the probe into multiple fatal poisoning from illicit liquor in the ...
negative
-1
Sri Lanka to slash spending, push up non-tax revenues: Bandula
11/29/2019
Economy
Sri Lanka plans to slash spending and push up non-tax revenues in a bid to keep the budget deficit at 5 percent of gross...
Sri Lanka to slash spending, push up non-tax revenues: Bandula Sri Lanka plans to slash spending and push up non-tax revenues in a bid to keep the budget deficit at 5 percent of gross...
negative
-1
Sri Lanka to lease state land for Dambulla Agro Cool warehouse
8/29/2023
Agriculture
Land given on 30-year lease
Sri Lanka to lease state land for Dambulla Agro Cool warehouse Land given on 30-year lease
negative
-1
HRCSL wants burial to be permitted for Covid 19 victims
11/26/2020
Democracy
The Human Rights Commission of Sri Lanka (HRCSL) is asking the government to amend the regulations governing the disposa...
HRCSL wants burial to be permitted for Covid 19 victims The Human Rights Commission of Sri Lanka (HRCSL) is asking the government to amend the regulations governing the disposa...
negative
-1
IMF review agreement will help Sri Lanka fast-track debt restructuring: official
10/20/2023
Economy
“The SLA will enhance confidence in our economy and help fast-track the debt restructuring resolution."
IMF review agreement will help Sri Lanka fast-track debt restructuring: official “The SLA will enhance confidence in our economy and help fast-track the debt restructuring resolution."
positive
1
Sri Lanka tea exporters urged to cut credit to buyers
10/3/2022
Economy
The sharp increase in lending rates is a major cost to the industry
Sri Lanka tea exporters urged to cut credit to buyers The sharp increase in lending rates is a major cost to the industry
negative
-1
Sri Lanka rupee closes weaker, bond yields ease
4/18/2019
Bonds & Forex
Sri Lanka's rupee closed at 174.50/60 to the US dollar in the spot market on Thursday, while bond yields eased, dealers ...
Sri Lanka rupee closes weaker, bond yields ease Sri Lanka's rupee closed at 174.50/60 to the US dollar in the spot market on Thursday, while bond yields eased, dealers ...
negative
-1
Sri Lanka stocks close lower for the second day
7/27/2021
Markets
Expolanka Holdings, Commercial Leasing and Finance, and Browns Investments
Sri Lanka stocks close lower for the second day Expolanka Holdings, Commercial Leasing and Finance, and Browns Investments
negative
-1
Public Utilities Commission not approving power cuts
3/25/2019
Uncategorized
The Public Utilities Commission of Sri Lanka (PUCSL) says that they were not informed of the power cuts imposed by the C...
Public Utilities Commission not approving power cuts The Public Utilities Commission of Sri Lanka (PUCSL) says that they were not informed of the power cuts imposed by the C...
negative
-1
Gnanasara Thero's release may be delayed
5/23/2019
Politics
The Bodu Bala Sena says the release of their General Secretary Galagodaththe Gnanasara Thero from prison may be delayed.
Gnanasara Thero's release may be delayed The Bodu Bala Sena says the release of their General Secretary Galagodaththe Gnanasara Thero from prison may be delayed.
negative
-1
Sri Lanka banks had restructured 3.6-pct of loans, SME moratorium limited effect: Fitch
1/29/2020
Banking
Sri Lanka's banks have already restructured some bad loans and a moratorium and credit support announced for small and m...
Sri Lanka banks had restructured 3.6-pct of loans, SME moratorium limited effect: Fitch Sri Lanka's banks have already restructured some bad loans and a moratorium and credit support announced for small and m...
negative
-1
Sri Lanka keeps overnight policy rates unchanged, market rates move up
10/14/2021
Economy
Market rates move up after last hike
Sri Lanka keeps overnight policy rates unchanged, market rates move up Market rates move up after last hike
positive
1
New fake news/hate speech laws: Are they really necessary?
6/7/2019
Politics
Civil society actors and legal experts are calling into question the Government's freshly proposed moves to curb hate sp...
New fake news/hate speech laws: Are they really necessary? Civil society actors and legal experts are calling into question the Government's freshly proposed moves to curb hate sp...
negative
-1
Sri Lanka optimistic over China’s Myanmar Corridor proposal - govt official
11/27/2023
Trade
Sri Lanka has been looking for all opportunities to come out of its unprecedented economic crisis
Sri Lanka optimistic over China’s Myanmar Corridor proposal - govt official Sri Lanka has been looking for all opportunities to come out of its unprecedented economic crisis
positive
1
Govt contradicting itself on MCC compact - JVP
12/16/2019
Politics
The JVP accused the new government today of contradicting its own stance on the controversial Millennium Challenge Corpo...
Govt contradicting itself on MCC compact - JVP The JVP accused the new government today of contradicting its own stance on the controversial Millennium Challenge Corpo...
negative
-1
What now for 2020 cricket in Coronavirus? Four key questions
5/25/2020
Sports
The coronavirus may have struck shortly before the English cricket season was due to start but it threatens to have majo...
What now for 2020 cricket in Coronavirus? Four key questions The coronavirus may have struck shortly before the English cricket season was due to start but it threatens to have majo...
negative
-1
Sri Lanka won't face hunger crisis, economic situation will get worse before it gets better: new PM
5/14/2022
Economy
“After I speak to [friendly nations], there will be help coming from there. They won’t allow people to starve.”
Sri Lanka won't face hunger crisis, economic situation will get worse before it gets better: new PM “After I speak to [friendly nations], there will be help coming from there. They won’t allow people to starve.”
negative
-1
Six Indians nabbed with more than two tons of Beedi leaves
7/30/2019
Uncategorized
Sri Lanka Navy has apprehended six Indian nationals with 2379kgs of Beedi leaves in Northwestern seas yesterday (July 29...
Six Indians nabbed with more than two tons of Beedi leaves Sri Lanka Navy has apprehended six Indian nationals with 2379kgs of Beedi leaves in Northwestern seas yesterday (July 29...
negative
-1
Sri Lanka adds 63GWh to hydro stocks from depression downpour
12/27/2022
Energy
Delayed monsoons reduce hydro resources
Sri Lanka adds 63GWh to hydro stocks from depression downpour Delayed monsoons reduce hydro resources
negative
-1
Sri Lanka rupee trades at 313.75/314.00 to the US dollar
2/13/2024
Bonds & Forex
Sri Lanka’s rupee trades at 313.75/314.00 to the US dollar Tuesday, dealers said. Bond yields were down.
Sri Lanka rupee trades at 313.75/314.00 to the US dollar Sri Lanka’s rupee trades at 313.75/314.00 to the US dollar Tuesday, dealers said. Bond yields were down.
negative
-1
Sri Lanka small businesses lockdown town centres; TUs issue ultimatum
8/18/2021
Economy
Trade associations in several towns have shuttered shops for a week
Sri Lanka small businesses lockdown town centres; TUs issue ultimatum Trade associations in several towns have shuttered shops for a week
negative
-1
Sri Lanka national inflation up 66.7-pct in July 2022
8/22/2022
Economy
Food prices up 102-pct since money printing accelerated in Feb 2022
Sri Lanka national inflation up 66.7-pct in July 2022 Food prices up 102-pct since money printing accelerated in Feb 2022
negative
-1
Sri Lanka's Bank of Ceylon viability rating on watch on recapitalization
11/30/2023
Banking
Pending possible recapitalization for losses from state enterprise funding, while confirming a long-term rating at 'CC'
Sri Lanka's Bank of Ceylon viability rating on watch on recapitalization Pending possible recapitalization for losses from state enterprise funding, while confirming a long-term rating at 'CC'
negative
-1
Sri Lanka to hike tourist arrival target to 2.0mn for 2023
4/3/2023
Tourism
"The target for March 2023 was only 90,000, but we have exceeded that.
Sri Lanka to hike tourist arrival target to 2.0mn for 2023 "The target for March 2023 was only 90,000, but we have exceeded that.
positive
1
Sri Lanka rupee ends weaker, gilt yields down
6/18/2020
Bonds & Forex
Sri Lanka rupee closed weaker at 186.60/75 to the US dollar on Thursday while bond yields fell further, dealers said.
Sri Lanka rupee ends weaker, gilt yields down Sri Lanka rupee closed weaker at 186.60/75 to the US dollar on Thursday while bond yields fell further, dealers said.
negative
-1
Sri Lanka factories extend recovery in Jan but short of raw materials from forex shortages: PMI
2/17/2022
Economy
The PMI for January is 58.7, up from 58.1 in December.
Sri Lanka factories extend recovery in Jan but short of raw materials from forex shortages: PMI The PMI for January is 58.7, up from 58.1 in December.
negative
-1
Sri Lanka paying highest ever price for oil in depreciated rupees: Minister
2/20/2022
Energy
When the global crude price was at 147 US dollar per barrel in 2008, the rupee was only 108
Sri Lanka paying highest ever price for oil in depreciated rupees: Minister When the global crude price was at 147 US dollar per barrel in 2008, the rupee was only 108
negative
-1
Five arrested for smuggling foreign currency out of forex-crisis-hit Sri Lanka
1/30/2022
Economy
The stash consisted of 95,000 US dollars, 18,000 Euros and 37,000 Saudi Riyals.
Five arrested for smuggling foreign currency out of forex-crisis-hit Sri Lanka The stash consisted of 95,000 US dollars, 18,000 Euros and 37,000 Saudi Riyals.
negative
-1
Sri Lanka property price disinflation in the capital Colombo ends
8/7/2021
Business
Near double digit growth
Sri Lanka property price disinflation in the capital Colombo ends Near double digit growth
negative
-1
ACJU calls for low-key Eid-ul-Fitr with emphasis on helping those affected
5/28/2019
Uncategorized
The All Ceylon Jamiyyathul Ulama (ACJU) has called for a "simple" Ramadan celebration this year, in light of the prevail...
ACJU calls for low-key Eid-ul-Fitr with emphasis on helping those affected The All Ceylon Jamiyyathul Ulama (ACJU) has called for a "simple" Ramadan celebration this year, in light of the prevail...
positive
1
Sri Lanka's Samurdhi scheme can continue broader mandate to reduce poverty: official
8/2/2023
Economy
He conceded, however, that the new system is not without its issues.
Sri Lanka's Samurdhi scheme can continue broader mandate to reduce poverty: official He conceded, however, that the new system is not without its issues.
positive
1
Sri Lanka's shares down after constant gains
8/14/2023
Markets
Shares close down on Monday on profit taking and selling interest due to constant gains in the previous sessions
Sri Lanka's shares down after constant gains Shares close down on Monday on profit taking and selling interest due to constant gains in the previous sessions
negative
-1
Won't allow SLFP to be absorbed by any party - Amaraweera
9/3/2019
Politics
The Sri Lanka Freedom Party (SLFP) will once again prove to be a decisive force in Sri Lanka's political future and will...
Won't allow SLFP to be absorbed by any party - Amaraweera The Sri Lanka Freedom Party (SLFP) will once again prove to be a decisive force in Sri Lanka's political future and will...
positive
1