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Sri Lanka falls in transparency index; Bhutan leads in South Asia   
1/26/2022
Business
Sri Lanka's ranking under Corruption Perception Index has fallen eight ranks
Sri Lanka falls in transparency index; Bhutan leads in South Asia    Sri Lanka's ranking under Corruption Perception Index has fallen eight ranks
negative
-1
Sri Lanka Savings Bank '[SL] BBB-' rating confirmed by ICRA
3/17/2021
Banking
ECONOMYNEXT - State-run Sri Lanka' Savings Bank's '[SL] BBB-' domestic rating has been confirmed by ICRA Lanka, a rating...
Sri Lanka Savings Bank '[SL] BBB-' rating confirmed by ICRA ECONOMYNEXT - State-run Sri Lanka' Savings Bank's '[SL] BBB-' domestic rating has been confirmed by ICRA Lanka, a rating...
negative
-1
Sri Lanka stocks end higher
5/25/2021
Markets
ASPI pushed up by LOLC Holdings, Expolanka and Sampath Bank.
Sri Lanka stocks end higher ASPI pushed up by LOLC Holdings, Expolanka and Sampath Bank.
negative
-1
UGC calls for public complaints on university ragging
2/10/2020
Education
All national newspapers carried a government advertisement today calling for public complaints on ragging at institutes ...
UGC calls for public complaints on university ragging All national newspapers carried a government advertisement today calling for public complaints on ragging at institutes ...
negative
-1
Sri Lanka party leaders to meet virtually on May 11 to discuss crisis situation
5/11/2022
Politics
A social media backlash followed the announcement, urging the Speaker to hold the meeting virtually via Zoom.
Sri Lanka party leaders to meet virtually on May 11 to discuss crisis situation A social media backlash followed the announcement, urging the Speaker to hold the meeting virtually via Zoom.
negative
-1
Sri Lanka to draft insolvency law
6/27/2023
Economy
But these provisions were considered insufficient to meet current needs.
Sri Lanka to draft insolvency law But these provisions were considered insufficient to meet current needs.
negative
-1
Sri Lanka stocks end 2.5-pct lower
2/22/2021
Markets
Sri Lanka stocks fell 2.57 percent on Monday losing the gains made last week, pushed down by LOLC Holdings, Expolanka an...
Sri Lanka stocks end 2.5-pct lower Sri Lanka stocks fell 2.57 percent on Monday losing the gains made last week, pushed down by LOLC Holdings, Expolanka an...
negative
-1
Pakistan to get IMF bailout after currency collapse; urges central bank reform
5/13/2019
Economy
Pakistan will get a 6 billion US dollar bailout in the wake of a currency collapse driven by attempts to artificially bo...
Pakistan to get IMF bailout after currency collapse; urges central bank reform Pakistan will get a 6 billion US dollar bailout in the wake of a currency collapse driven by attempts to artificially bo...
negative
-1
Police Constable killed in shootout during a raid in Akuressa
5/23/2019
Uncategorized
A Police Constable attached to the Akuressa police station is dead after he was hit in a shootout with alleged criminals...
Police Constable killed in shootout during a raid in Akuressa A Police Constable attached to the Akuressa police station is dead after he was hit in a shootout with alleged criminals...
negative
-1
Police arrest 7,316 Sri Lankans for alleged non-compliance of quarantine regulations
5/10/2021
Health
Rohana said in a statement that 351 people were arrested in raids conducted yesterday
Police arrest 7,316 Sri Lankans for alleged non-compliance of quarantine regulations Rohana said in a statement that 351 people were arrested in raids conducted yesterday
negative
-1
COVID 19 : New Guidelines for curfew passes issued
4/8/2020
Law and Order
Police headquarters has issued new guidelines for the issuance of Curfew passes granting more public and private sector ...
COVID 19 : New Guidelines for curfew passes issued Police headquarters has issued new guidelines for the issuance of Curfew passes granting more public and private sector ...
negative
-1
KPMG values Sri Lanka's Expolanka share
3/12/2024
Stocks & Companies
KPMG valuation report on Expolanka Holdings suggested value of a share between LKR 136.9 (SOTP) to LKR 152.6 (VWAP).
KPMG values Sri Lanka's Expolanka share KPMG valuation report on Expolanka Holdings suggested value of a share between LKR 136.9 (SOTP) to LKR 152.6 (VWAP).
negative
-1
Sri Lanka BOI, coast regulator to speed up investment approvals
1/25/2019
Economy
ECONOMYNEXT – Sri Lanka’s investment promotion agency and the coastal regulator are to work closely togeth...
Sri Lanka BOI, coast regulator to speed up investment approvals ECONOMYNEXT – Sri Lanka’s investment promotion agency and the coastal regulator are to work closely togeth...
positive
1
Sri Lanka has no intention of re-structuring, bank, insurance or pension fund debt: Minister
11/17/2022
Economy
Some domestic creditors will be 'ring fenced' for social stability, the government has said earlier.
Sri Lanka has no intention of re-structuring, bank, insurance or pension fund debt: Minister Some domestic creditors will be 'ring fenced' for social stability, the government has said earlier.
negative
-1
96 pct of Sri Lanka's daily COVID-19 cases are delta: USJ study
9/10/2021
Health
"Until last week, we were not aware of the delta variant's spread in the country," Jeewandara said.
96 pct of Sri Lanka's daily COVID-19 cases are delta: USJ study "Until last week, we were not aware of the delta variant's spread in the country," Jeewandara said.
negative
-1
Sri Lanka to fast track FTAs with Thailand, China and India
12/6/2022
Economy
Export-oriented, competitive market economy for Sri Lanka as the country has the opportunity to supply to South Asia
Sri Lanka to fast track FTAs with Thailand, China and India Export-oriented, competitive market economy for Sri Lanka as the country has the opportunity to supply to South Asia
positive
1
Money laundering watchdog to monitor effectiveness of Sri Lanka plan
11/15/2018
Economy
An Inter-governmental Financial Action Task Force (FATF) is happy with Sri Lanka's action plan and new rules on money la...
Money laundering watchdog to monitor effectiveness of Sri Lanka plan An Inter-governmental Financial Action Task Force (FATF) is happy with Sri Lanka's action plan and new rules on money la...
positive
1
Three suspected Delta cases detected in Sri Lanka, but officials yet to determine strain
6/29/2021
Health
"After the first five patients, we have three main patients that are suspected to have the delta variant," he said.
Three suspected Delta cases detected in Sri Lanka, but officials yet to determine strain "After the first five patients, we have three main patients that are suspected to have the delta variant," he said.
negative
-1
Constitution is not bad, man is vile, Sri Lanka counsel quotes Ambedkar
12/7/2018
Political News
A senior counsel challenging a contested dissolution of parliament by President Maithripala Sirisena quoted jurist B R A...
Constitution is not bad, man is vile, Sri Lanka counsel quotes Ambedkar A senior counsel challenging a contested dissolution of parliament by President Maithripala Sirisena quoted jurist B R A...
positive
1
Bogambara: A prison turned into a tourist attraction
8/27/2019
Economy
Prime Minister Ranil Wickremesinghe declared open the first phase of Bogambara Cultural Centre last Saturday (24), with...
Bogambara: A prison turned into a tourist attraction Prime Minister Ranil Wickremesinghe declared open the first phase of Bogambara Cultural Centre last Saturday (24), with...
positive
1
Sri Lanka's Expolanka Holdings profits soar amid pandemic disruptions
1/29/2021
Aviation
Profits at Sri Lanka's Expolanka Holdings Plc soared to 4.5 billion rupees in the December 2020 quarter, up from 15 fold...
Sri Lanka's Expolanka Holdings profits soar amid pandemic disruptions Profits at Sri Lanka's Expolanka Holdings Plc soared to 4.5 billion rupees in the December 2020 quarter, up from 15 fold...
negative
-1
Sri Lanka online safety law will impact digital marketing industry: Professional
2/6/2024
Legal
Social media channels need to be active, but now people will restrict their activities
Sri Lanka online safety law will impact digital marketing industry: Professional Social media channels need to be active, but now people will restrict their activities
negative
-1
Asian shares rise as Trump boosts US-China talks
2/13/2019
International news
Asian stocks climbed Wednesday as US President Donald Trump said he could extend the deadline for a trade deal with Chin...
Asian shares rise as Trump boosts US-China talks Asian stocks climbed Wednesday as US President Donald Trump said he could extend the deadline for a trade deal with Chin...
negative
-1
Sri Lanka ruling party places election deposits for Colombo, claims ready for polls
1/9/2023
Politics
Minister Bandula Gunawardena said that the SLPP is the only party that is actively organising for the polls.
Sri Lanka ruling party places election deposits for Colombo, claims ready for polls Minister Bandula Gunawardena said that the SLPP is the only party that is actively organising for the polls.
negative
-1
Economist Magazine ranks Sri Lanka among countries in economic distress
5/2/2020
Economy
Sri Lanka’s economy is among the worst affected by the current COVID 19 crisis, according to a ranking published by th...
Economist Magazine ranks Sri Lanka among countries in economic distress Sri Lanka’s economy is among the worst affected by the current COVID 19 crisis, according to a ranking published by th...
negative
-1
Fed hikes rates, promises to quantity tighten as Sri Lanka struggles
3/16/2022
Economy
Governor Bullard wanted a higher rate
Fed hikes rates, promises to quantity tighten as Sri Lanka struggles Governor Bullard wanted a higher rate
negative
-1
Sri Lanka shares fall over 3.5-pct in mid-morning trade
10/11/2022
Markets
Liquid index down 4%
Sri Lanka shares fall over 3.5-pct in mid-morning trade Liquid index down 4%
negative
-1
Xi meets Sri Lanka PM as China eyes main Colombo airport development 
3/28/2024
Economic Crisis
Prime Minister Gunawardena is on a six-day official visit to China
Xi meets Sri Lanka PM as China eyes main Colombo airport development  Prime Minister Gunawardena is on a six-day official visit to China
positive
1
Sri Lanka rupee at 319.75/320.50 to the US dollar, bond yields up
8/10/2023
Bonds & Forex
Sri Lanka’s rupee is at 319.75/320.50 to the US dollar on Thursday, dealers said.
Sri Lanka rupee at 319.75/320.50 to the US dollar, bond yields up Sri Lanka’s rupee is at 319.75/320.50 to the US dollar on Thursday, dealers said.
negative
-1
Sri Lanka tea exports down 25-pct in November 2022
12/18/2022
Agriculture
Rupee earnings up after currency depreciation
Sri Lanka tea exports down 25-pct in November 2022 Rupee earnings up after currency depreciation
negative
-1
Over a million Sri Lankans still unvaccinated against COVID-19: official
2/8/2022
Health
So far, only 5.8 million have received the booster dose.
Over a million Sri Lankans still unvaccinated against COVID-19: official So far, only 5.8 million have received the booster dose.
negative
-1
Sri Lanka police arrest 3 for using undiyal money transaction
5/17/2022
Economy
Sri Lanka is desperate for dollar inflows
Sri Lanka police arrest 3 for using undiyal money transaction Sri Lanka is desperate for dollar inflows
negative
-1
Sri Lanka starts shipping 200mn face mask made by Brandix to the United States
5/14/2020
Apparel
Sri Lanka's Brandix, a top apparel group said it had started shipping 200 million face masks to made at its factories to...
Sri Lanka starts shipping 200mn face mask made by Brandix to the United States Sri Lanka's Brandix, a top apparel group said it had started shipping 200 million face masks to made at its factories to...
negative
-1
Sri Lanka shares close down on weak sentiment
10/16/2023
Markets
Sri Lanka shares closed down on Monday due to weak sentiment, but some bargain hunting drove turnover.
Sri Lanka shares close down on weak sentiment Sri Lanka shares closed down on Monday due to weak sentiment, but some bargain hunting drove turnover.
negative
-1
Sri Lanka coconut auction prices down 0.7-pct
3/5/2023
Agriculture
The auction offered 711,308 coconuts and 579,801 nuts were sold.
Sri Lanka coconut auction prices down 0.7-pct The auction offered 711,308 coconuts and 579,801 nuts were sold.
negative
-1
Kapila Chandrasena appointed Chairman of Sri Lankan Airlines
11/13/2018
Economy
Kapila Chandrasena, a former Chief Executive of SriLankan Airlines has been appointed its Chairman, following the resign...
Kapila Chandrasena appointed Chairman of Sri Lankan Airlines Kapila Chandrasena, a former Chief Executive of SriLankan Airlines has been appointed its Chairman, following the resign...
positive
1
Sri Lanka likely to lose GSP+ by April '22 if govt doesn't take drastic steps: TNA MP
9/29/2021
Human Rights
The EU is the second largest export destination for Sri Lankan products.
Sri Lanka likely to lose GSP+ by April '22 if govt doesn't take drastic steps: TNA MP The EU is the second largest export destination for Sri Lankan products.
negative
-1
Sri Lanka to seek private investor for off-shore wind plants
2/20/2024
Energy
Sri Lanka's cabinet had approved a proposal to seek private investors for large scale off-shore wind power plants
Sri Lanka to seek private investor for off-shore wind plants Sri Lanka's cabinet had approved a proposal to seek private investors for large scale off-shore wind power plants
negative
-1
Sri Lanka stocks open higher on banking and finance
8/20/2019
Markets
Sri Lanka’s stocks opened 0.46 percent higher on Tuesday with banking and finance stock pushing the market up.
Sri Lanka stocks open higher on banking and finance Sri Lanka’s stocks opened 0.46 percent higher on Tuesday with banking and finance stock pushing the market up.
positive
1
Sri Lanka parliament speaker endorses social security contribution levy bill
9/21/2022
Economy
This bill was passed by majority vote in Parliament on September 08
Sri Lanka parliament speaker endorses social security contribution levy bill This bill was passed by majority vote in Parliament on September 08
positive
1
Sri Lanka stocks close 0.3-pct higher
6/16/2021
Markets
LOLC Holdings, LOLC Development Finance and Expolanka pushed ASPI up
Sri Lanka stocks close 0.3-pct higher LOLC Holdings, LOLC Development Finance and Expolanka pushed ASPI up
negative
-1
Bank of England slashes interest rate to 0.25-pct over coronavirus
3/11/2020
International news
The Bank of England on Wednesday slashed its main interest rate to 0.25 percent in an emergency move to combat the fall...
Bank of England slashes interest rate to 0.25-pct over coronavirus The Bank of England on Wednesday slashed its main interest rate to 0.25 percent in an emergency move to combat the fall...
negative
-1
Sri Lanka 01-yr Treasury Bill yield up 11bp to 8.33-pct
9/4/2019
Bonds & Forex
Sri Lanka’s 01-year Treasury Bill yield rose 11 basis points to 8.33 percent at Wednesday’s auction with the debt of...
Sri Lanka 01-yr Treasury Bill yield up 11bp to 8.33-pct Sri Lanka’s 01-year Treasury Bill yield rose 11 basis points to 8.33 percent at Wednesday’s auction with the debt of...
negative
-1
Sri Lanka cabinet to discuss on handling foreign research vessels: sources
3/22/2024
International Relations
Sri Lanka has banned foreign research vessels for one year until it build capacity, govt has said.
Sri Lanka cabinet to discuss on handling foreign research vessels: sources Sri Lanka has banned foreign research vessels for one year until it build capacity, govt has said.
negative
-1
Sri Lanka seafarers exempted from pre-flight Coronavirus test
3/14/2021
Business
Seafarers who return to Sri Lanka have been exempted from a pre-flight Coronavirus test by health authorities, if they ...
Sri Lanka seafarers exempted from pre-flight Coronavirus test Seafarers who return to Sri Lanka have been exempted from a pre-flight Coronavirus test by health authorities, if they ...
negative
-1
Sri Lanka stocks extend losses falling 2.9-pct
2/10/2021
Markets
Sri Lanka stocks extended losses falling 2.90 percent on Wednesday, with several high flying stocks linked to the LOLC a...
Sri Lanka stocks extend losses falling 2.9-pct Sri Lanka stocks extended losses falling 2.90 percent on Wednesday, with several high flying stocks linked to the LOLC a...
negative
-1
Asian markets mixed as dealers struggle to pick up Wall St rally
3/27/2019
International news
Asian markets were mixed Wednesday, with a strong lead from Wall Street offset by lingering concerns about the global ec...
Asian markets mixed as dealers struggle to pick up Wall St rally Asian markets were mixed Wednesday, with a strong lead from Wall Street offset by lingering concerns about the global ec...
negative
-1
Mayantha Dissanayake replaces Harsha de Silva as Sri Lanka COPF chair, invites criticism
2/23/2023
Politics
“Goes to show how low people can go,” the economist-turned-politician said.
Mayantha Dissanayake replaces Harsha de Silva as Sri Lanka COPF chair, invites criticism “Goes to show how low people can go,” the economist-turned-politician said.
negative
-1
Sri Lanka hotel price controls scaring away tourists: tour operators
10/6/2023
Business
As soon as this news came out, we were able to observe a decline, tour operators said.
Sri Lanka hotel price controls scaring away tourists: tour operators As soon as this news came out, we were able to observe a decline, tour operators said.
negative
-1
Tens of thousands in the Katunayake FTZ can catch Covid – Workers' Bodies
10/9/2020
Apparel
A Collective of Workers Organisations representing Garment Factory staff is warning that around 50,000 employees in fact...
Tens of thousands in the Katunayake FTZ can catch Covid – Workers' Bodies A Collective of Workers Organisations representing Garment Factory staff is warning that around 50,000 employees in fact...
negative
-1
India gifts Sri Lanka drugs as currency collapse, price controls hit supplies
5/28/2022
Economy
Medical supplies also send to the Suwaseriya ambulance service
India gifts Sri Lanka drugs as currency collapse, price controls hit supplies Medical supplies also send to the Suwaseriya ambulance service
negative
-1
Sri Lanka in 4 billion rupee toilet drive
3/5/2019
Economy
Sri Lanka will invest 4 billion rupees to ensure over one million residents will have a toilet in their home before the ...
Sri Lanka in 4 billion rupee toilet drive Sri Lanka will invest 4 billion rupees to ensure over one million residents will have a toilet in their home before the ...
negative
-1
US job creation surges in April as unemployment hits 49-year low
5/4/2019
International news
The United States had another giant month of job creation in April, confirming the strength of the world's largest econo...
US job creation surges in April as unemployment hits 49-year low The United States had another giant month of job creation in April, confirming the strength of the world's largest econo...
positive
1
Sri Lanka stocks end 1.34-pct higher
4/12/2021
Bonds & Forex
Sri Lanka stocks gained 1.34 percent on Monday, the ASPI was pushed up by index heavy Expolanka Holdings, Hayleys Plc an...
Sri Lanka stocks end 1.34-pct higher Sri Lanka stocks gained 1.34 percent on Monday, the ASPI was pushed up by index heavy Expolanka Holdings, Hayleys Plc an...
negative
-1
Co-op stores to open soon as curfew is lifted
3/21/2020
Consumer Affairs
Prime Minister Mahinda Rajapaksa has advised officials to ensure that food and other essential commodities are released ...
Co-op stores to open soon as curfew is lifted Prime Minister Mahinda Rajapaksa has advised officials to ensure that food and other essential commodities are released ...
positive
1
Sri Lanka will not go into lockdown but travel restrictions may be imposed: Report
5/10/2021
Health
The decision was taken based on the recommendation of experts, the army chief said.
Sri Lanka will not go into lockdown but travel restrictions may be imposed: Report The decision was taken based on the recommendation of experts, the army chief said.
negative
-1
Sri Lanka projects 2.69mn tonnes of paddy in Maha 2023 season
2/3/2023
Agriculture
More paddy could have been planted in January 2023
Sri Lanka projects 2.69mn tonnes of paddy in Maha 2023 season More paddy could have been planted in January 2023
negative
-1
Sri Lanka credit to pick up in 2021, sovereign support cannot be relied upon: Fitch
12/18/2020
Banking
Sri Lanka's loan growth will pick up "moderately" in 2021, with state banks contributing with bad loans rising but bank ...
Sri Lanka credit to pick up in 2021, sovereign support cannot be relied upon: Fitch Sri Lanka's loan growth will pick up "moderately" in 2021, with state banks contributing with bad loans rising but bank ...
negative
-1
Sri Lanka probing whether Pallekelle earthquake due to induced seismicity
9/2/2020
Environment
Sri Lanka is probing whether a minor earthquake reported near Pallekelle in central Sri Lanka was due to induced seismic...
Sri Lanka probing whether Pallekelle earthquake due to induced seismicity Sri Lanka is probing whether a minor earthquake reported near Pallekelle in central Sri Lanka was due to induced seismic...
negative
-1
Sri Lanka makes fresh helicopter drop of liquidity as nation fights off Coronavirus
4/6/2020
Economy
Sri Lanka has made another helicopter drop of cash pushing up excess money in the banking system with monetary instabili...
Sri Lanka makes fresh helicopter drop of liquidity as nation fights off Coronavirus Sri Lanka has made another helicopter drop of cash pushing up excess money in the banking system with monetary instabili...
negative
-1
No room for ISIS terrorists in Sri Lanka – PM
5/13/2019
Politics
Prime Minister Ranil Wickremesinghe says that the Government is taking every possible action to combat terrorism in Sri ...
No room for ISIS terrorists in Sri Lanka – PM Prime Minister Ranil Wickremesinghe says that the Government is taking every possible action to combat terrorism in Sri ...
negative
-1
Sri Lanka private credit positive in August, state credit expands
10/7/2019
Banking
Sri Lanka's private credit expanded by 22.2 billion rupees in August 2019, and credit to government had expanded 47.9 b...
Sri Lanka private credit positive in August, state credit expands Sri Lanka's private credit expanded by 22.2 billion rupees in August 2019, and credit to government had expanded 47.9 b...
positive
1
Sri Lanka will not increase bus fares but bus owners will be provided concessions: Minister
6/14/2021
Transport
“We will not increase bus fares by even one rupee,” he said.
Sri Lanka will not increase bus fares but bus owners will be provided concessions: Minister “We will not increase bus fares by even one rupee,” he said.
negative
-1
Sri Lanka to revive discarded vaccination priority list: State Minister
3/9/2021
Health
Sri Lanka will revive a previously discarded priority list for COVID-19 immunisation with last Sunday’s (7) delivery o...
Sri Lanka to revive discarded vaccination priority list: State Minister Sri Lanka will revive a previously discarded priority list for COVID-19 immunisation with last Sunday’s (7) delivery o...
negative
-1
Sri Lanka facing unknown claims over halted airport terminal, Rs15bn in bills
6/9/2023
Economy
Loan repayments were halted after Sri Lanka's sovereign default
Sri Lanka facing unknown claims over halted airport terminal, Rs15bn in bills Loan repayments were halted after Sri Lanka's sovereign default
negative
-1
Muslim Community suffered due to Easter attacks-Mahinda
6/23/2019
Politics
Opposition Leader Mahinda Rajapaksa says it is the Muslim community that suffered the most due to the terrorist attacks ...
Muslim Community suffered due to Easter attacks-Mahinda Opposition Leader Mahinda Rajapaksa says it is the Muslim community that suffered the most due to the terrorist attacks ...
negative
-1
Sri Lanka stocks up, rupee weakens
12/19/2018
Markets
ECONOMYNEXT – Sri Lanka’s stock market closed higher Wednesday with continued foreign selling in John Keel...
Sri Lanka stocks up, rupee weakens ECONOMYNEXT – Sri Lanka’s stock market closed higher Wednesday with continued foreign selling in John Keel...
negative
-1
Sri Lanka President, China’s BYD talks EV assembly, electric rail 
10/20/2023
Investment
The dialogue on electrification of Sri Lanka’s transport systems, electric vehicle assembly and electric train service...
Sri Lanka President, China’s BYD talks EV assembly, electric rail  The dialogue on electrification of Sri Lanka’s transport systems, electric vehicle assembly and electric train service...
positive
1
Former Japan PM Shinzo Abe dies after being shot: NHK
7/8/2022
World
Abe was 67 years old.
Former Japan PM Shinzo Abe dies after being shot: NHK Abe was 67 years old.
negative
-1
Sri Lanka may re-evaluate school opening date after Coronavirus cluster triggers surge
4/20/2020
Economy
Sri Lanka may re-evaluate school re-opening, a top official said after the discovery of a new cluster after long delay ...
Sri Lanka may re-evaluate school opening date after Coronavirus cluster triggers surge Sri Lanka may re-evaluate school re-opening, a top official said after the discovery of a new cluster after long delay ...
negative
-1
Sri Lanka expects to connect 170MW plants to end blackouts
4/4/2019
Energy
Sri Lanka's state-run Ceylon Electricity Board expects to re-connect two expired plants and go ahead with an emergency p...
Sri Lanka expects to connect 170MW plants to end blackouts Sri Lanka's state-run Ceylon Electricity Board expects to re-connect two expired plants and go ahead with an emergency p...
negative
-1
Sri Lanka railway strike results in Rs 25 million loss due to free rides; TUs warns of more strikes
1/3/2022
Transport
“We will wait until changes are made, but if things don't turn around we will have to take union action again.”
Sri Lanka railway strike results in Rs 25 million loss due to free rides; TUs warns of more strikes “We will wait until changes are made, but if things don't turn around we will have to take union action again.”
negative
-1
Sri Lanka to build four Hungary-financed flyovers
1/19/2022
Transport
The projects will be funded by the Hungarian Exim Bank’s concessionary finance facility.
Sri Lanka to build four Hungary-financed flyovers The projects will be funded by the Hungarian Exim Bank’s concessionary finance facility.
negative
-1
Sri Lanka rupee closes weaker, bond yields up marginally
7/12/2019
Bonds & Forex
ECONOMYNEXT – The Sri Lanka rupee closed weaker at 175.45/55 rupees against the US dollar in the spot market on F...
Sri Lanka rupee closes weaker, bond yields up marginally ECONOMYNEXT – The Sri Lanka rupee closed weaker at 175.45/55 rupees against the US dollar in the spot market on F...
negative
-1
Sri Lanka to vaccinate children aged 12-15 against COVID-19 from Friday (07)
1/6/2022
Health
"I hope the public seizes this opportunity and aids us in our fight against the pandemic," the minister tweeted.
Sri Lanka to vaccinate children aged 12-15 against COVID-19 from Friday (07) "I hope the public seizes this opportunity and aids us in our fight against the pandemic," the minister tweeted.
positive
1
Sri Lanka to roll out new AstraZeneca jabs at 20+ vax centres in western province
7/31/2021
Health
Sri Lanka received 728,460 doses of AstraZeneca on Saturday (31) as a donation from the Japanese government.
Sri Lanka to roll out new AstraZeneca jabs at 20+ vax centres in western province Sri Lanka received 728,460 doses of AstraZeneca on Saturday (31) as a donation from the Japanese government.
negative
-1
Sri Lanka suspends distribution at filling stations that didn't adopt QR system
8/19/2022
Energy
Authorities have said that any person engaged in black market activities will be fined and jailed.
Sri Lanka suspends distribution at filling stations that didn't adopt QR system Authorities have said that any person engaged in black market activities will be fined and jailed.
negative
-1
Sri Lanka shares fall on profit taking after nine sessions
12/9/2022
Markets
Market gained for nine sessions on postive singnals from economic front
Sri Lanka shares fall on profit taking after nine sessions Market gained for nine sessions on postive singnals from economic front
negative
-1
Sri Lanka exports to see dampening demand amid global recession - CB official
5/10/2023
Economic Crisis
“On the global front, if you see, maybe this year and first half of next year,
Sri Lanka exports to see dampening demand amid global recession - CB official “On the global front, if you see, maybe this year and first half of next year,
negative
-1
Sri Lanka Speaker endorses international settlement and notaries bills
1/31/2024
Legal
The two bills were passed in Parliament recently.
Sri Lanka Speaker endorses international settlement and notaries bills The two bills were passed in Parliament recently.
positive
1
Sri Lanka's ruling party operatives in twitter clash over social media ban
4/3/2022
Political News
"Aren’t you the digital minister? Can’t you tell your uncle Gotabaya Rajapaksa?"
Sri Lanka's ruling party operatives in twitter clash over social media ban "Aren’t you the digital minister? Can’t you tell your uncle Gotabaya Rajapaksa?"
negative
-1
Fitch downgrades Sri Lanka sovereign rating to C, RD after payment missed
4/14/2022
Economy
Will downgrade Sri Lanka to 'RD' "once a payment on an issuance is missed and the grace period has expired."
Fitch downgrades Sri Lanka sovereign rating to C, RD after payment missed Will downgrade Sri Lanka to 'RD' "once a payment on an issuance is missed and the grace period has expired."
negative
-1
Sri Lanka cuts policy rates by 50bp to 6.50-pct
5/6/2020
Economy
Sri Lanka's central bank said it had cut the policy rate at which it injects printed money to markets by 50 basis points...
Sri Lanka cuts policy rates by 50bp to 6.50-pct Sri Lanka's central bank said it had cut the policy rate at which it injects printed money to markets by 50 basis points...
negative
-1
Sri Lanka’s rupee closes at 324.00/324.25 to the US dollar on Monday
10/2/2023
Bonds & Forex
Sri Lanka’s rupee closed at 324.00/324.25 to the US dollar on Monday, dealers said.
Sri Lanka’s rupee closes at 324.00/324.25 to the US dollar on Monday Sri Lanka’s rupee closed at 324.00/324.25 to the US dollar on Monday, dealers said.
negative
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Inmates in crowded Welikada Jail living in fear after several are diagnosed with Covid 19
11/6/2020
Courts
A group of women detainees at the Welikada jail in Colombo are staging a protest as tensions arising from the discovery ...
Inmates in crowded Welikada Jail living in fear after several are diagnosed with Covid 19 A group of women detainees at the Welikada jail in Colombo are staging a protest as tensions arising from the discovery ...
negative
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Air France to start flights to Sri Lanka from Nov 01
9/11/2021
Aviation
Air France will fly to Colombo via Male and return to Paris direct.
Air France to start flights to Sri Lanka from Nov 01 Air France will fly to Colombo via Male and return to Paris direct.
positive
1
Sri Lanka raises prices of most fuel products; reduces Octane 92
10/31/2023
Energy
Sri Lanka revises prices in line with a formula
Sri Lanka raises prices of most fuel products; reduces Octane 92 Sri Lanka revises prices in line with a formula
negative
-1
Sri Lanka stocks close down, John Keells sees interest
5/21/2024
Stocks & Companies
Turnover was 1.3 billion. Capital goods brought in most of this.
Sri Lanka stocks close down, John Keells sees interest Turnover was 1.3 billion. Capital goods brought in most of this.
positive
1
Sri Lanka president appoints five acting ministers ahead of Japan visit
9/26/2022
Politics
President Wickremesinghe departed Sri Lanka Monday morning on a two day visit to Japan
Sri Lanka president appoints five acting ministers ahead of Japan visit President Wickremesinghe departed Sri Lanka Monday morning on a two day visit to Japan
positive
1
Sri Lanka extends new exchange controls till July 02, 2021
1/5/2021
Economy
Sri Lanka has extended exchange controls introduced after a steep fall in the currency around March and April 2020, in t...
Sri Lanka extends new exchange controls till July 02, 2021 Sri Lanka has extended exchange controls introduced after a steep fall in the currency around March and April 2020, in t...
negative
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Indonesia's Garuda says to cancel 49-jet Boeing 737 deal after crashes
3/22/2019
International news
Indonesia's national carrier Garuda has told Boeing it will cancel a multi-billion-dollar order for 49 Boeing 737 Max 8 ...
Indonesia's Garuda says to cancel 49-jet Boeing 737 deal after crashes Indonesia's national carrier Garuda has told Boeing it will cancel a multi-billion-dollar order for 49 Boeing 737 Max 8 ...
negative
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Sri Lanka central bank staff to strike on March 01 over progressive taxes
2/27/2023
Economy
To join 40 other professional unions
Sri Lanka central bank staff to strike on March 01 over progressive taxes To join 40 other professional unions
negative
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Sri Lanka travel agents welcome lifting of UK travel ban
6/7/2019
Business
The Sri Lanka Association of Inbound Tour Operators welcomed the UK's decision to relax its travel ban on Sri Lanka.
Sri Lanka travel agents welcome lifting of UK travel ban The Sri Lanka Association of Inbound Tour Operators welcomed the UK's decision to relax its travel ban on Sri Lanka.
positive
1
Sri Lanka sees signs of fuel riots as motorists wait for days in queues
6/18/2022
Energy
Sri Lanka motorists demand fuel as shortage has limited fuel supply.
Sri Lanka sees signs of fuel riots as motorists wait for days in queues Sri Lanka motorists demand fuel as shortage has limited fuel supply.
negative
-1
One patient from Kandakadu rehabilitation centre moved to IDH
7/22/2020
Health
One patient from the Medical Facility created at the Kandakadu Drug Rehabilitation and Treatment centre for COVID 19 pat...
One patient from Kandakadu rehabilitation centre moved to IDH One patient from the Medical Facility created at the Kandakadu Drug Rehabilitation and Treatment centre for COVID 19 pat...
negative
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Cardinal's letter warning of further attacks authentic
5/3/2019
Uncategorized
A letter doing the rounds on social media purportedly signed by Archbishop Malcolm Cardinal Ranjith warning of an impend...
Cardinal's letter warning of further attacks authentic A letter doing the rounds on social media purportedly signed by Archbishop Malcolm Cardinal Ranjith warning of an impend...
negative
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Sri Lanka repays USD 100 mn in second installment of Bangladesh loan
9/1/2023
Economy
Colombo paid 50 million dollars in August in the first installment of the loan repayment.
Sri Lanka repays USD 100 mn in second installment of Bangladesh loan Colombo paid 50 million dollars in August in the first installment of the loan repayment.
negative
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Sri Lanka's Lawyers for Democracy writes on labour reforms
6/15/2023
Economy
Urge wide consultation before changes
Sri Lanka's Lawyers for Democracy writes on labour reforms Urge wide consultation before changes
negative
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Sri Lanka’s 01-year Treasury yield rises to 10.72-pct
2/13/2019
Bonds & Forex
ECONOMYNEXT – Sri Lanka’s 01-year Treasury Bill yield rose 03 basis points to 10.72percent at Wednesdayââ...
Sri Lanka’s 01-year Treasury yield rises to 10.72-pct ECONOMYNEXT – Sri Lanka’s 01-year Treasury Bill yield rose 03 basis points to 10.72percent at Wednesdayââ...
negative
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Sri Lanka stocks end higher
12/8/2020
Markets
Sri Lanka stocks closed 1.39 percent higher on Tuesday's pushed by index heavy counters Hatton National Bank, Browns In...
Sri Lanka stocks end higher Sri Lanka stocks closed 1.39 percent higher on Tuesday's pushed by index heavy counters Hatton National Bank, Browns In...
negative
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