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Sri Lanka plans bootha price controls
7-Mar-24
Agriculture
Sri Lanka's combined harvesters for rice is next in line for price controls
Sri Lanka plans bootha price controls Sri Lanka's combined harvesters for rice is next in line for price controls
NEGATIVE
Other
Sri Lanka rupee closes at 307.30/40 to the US dollar
7-Mar-24
Bonds & Forex
Bond yields up.
Sri Lanka rupee closes at 307.30/40 to the US dollar Bond yields up.
NEGATIVE
Other
Sri Lanka stocks close up 1-pct, crossings, retail push turnover to 2.6bn
7-Mar-24
Stocks & Companies
Turnover topped 2.6 billion. Crossings in Lanka Milk Foods, Central Finance, and John Keells. Retail activity in LOLC
Sri Lanka stocks close up 1-pct, crossings, retail push turnover to 2.6bn Turnover topped 2.6 billion. Crossings in Lanka Milk Foods, Central Finance, and John Keells. Retail activity in LOLC
NEGATIVE
Food Products
Sri Lanka commences IMF second review
7-Mar-24
Economic Crisis
Review and reaching staff level agreement will pave way for accessing third tranche
Sri Lanka commences IMF second review Review and reaching staff level agreement will pave way for accessing third tranche
NEGATIVE
Other
Sri Lanka considering nuclear power as an energy option: Min
7-Mar-24
Nuclear power
In order to develop nuclear power, a legal framework must be put in place
Sri Lanka considering nuclear power as an energy option: Min In order to develop nuclear power, a legal framework must be put in place
NEGATIVE
Other
Sri Lanka ruling party MP Rohitha Abeygunawardena appointed COPE chair
7-Mar-24
Politics
SLPP MP Ranjith Bandara previously held the COPE chairmanship.
Sri Lanka ruling party MP Rohitha Abeygunawardena appointed COPE chair SLPP MP Ranjith Bandara previously held the COPE chairmanship.
POSITIVE
Other
Regional cooperation and PPPs key to developing educational technology in Sri Lanka: IPS
7-Mar-24
Op-ed/Special Reports
Expanding Ed-tech through partnerships, collaborations, and AI can improve quality education
Regional cooperation and PPPs key to developing educational technology in Sri Lanka: IPS Expanding Ed-tech through partnerships, collaborations, and AI can improve quality education
POSITIVE
Other
Sri Lanka needs stray dog solution before animal rights law: Min
7-Mar-24
Animal Rights
Before we bring in any law to prevent harming animals we have to find a solution to 6.2mn strays
Sri Lanka needs stray dog solution before animal rights law: Min Before we bring in any law to prevent harming animals we have to find a solution to 6.2mn strays
NEGATIVE
Other
Sri Lanka state bus service makes Rs1.098bn in 2023: Minister
7-Mar-24
Transport
SLTB has made a profit of 1.098 billion rupees in 2023, ahead of digitalisation
Sri Lanka state bus service makes Rs1.098bn in 2023: Minister SLTB has made a profit of 1.098 billion rupees in 2023, ahead of digitalisation
POSITIVE
Other
Sri Lanka rupee opens at 307.65/75 to the US dollar
7-Mar-24
Bonds & Forex
Bonds slightly higher
Sri Lanka rupee opens at 307.65/75 to the US dollar Bonds slightly higher
NEGATIVE
Other
Sri Lanka's Adani wind power purchase price below other non-tendered rates: Minister
7-Mar-24
Economy
Ground mounted wind is given 43 rupees for plants below 10 MW
Sri Lanka's Adani wind power purchase price below other non-tendered rates: Minister Ground mounted wind is given 43 rupees for plants below 10 MW
NEGATIVE
Other
Yala, October 2023
7-Mar-24
Uncategorized
Leopards and Jackals and Crocs, Oh My!!
Yala, October 2023 Leopards and Jackals and Crocs, Oh My!!
POSITIVE
Other
Sri Lanka central bank profits from printing money, parliament has some control: Harsha
7-Mar-24
Economy
COPF Chairman to give report
Sri Lanka central bank profits from printing money, parliament has some control: Harsha COPF Chairman to give report
POSITIVE
Other
Sri Lanka's Hilton Colombo ready for private investment: state minister
6-Mar-24
Economy
Meanwhile, progress on the Hyatt Hotel, which falls under Fernando's ministry, has reached the halfway mark, he said.
Sri Lanka's Hilton Colombo ready for private investment: state minister Meanwhile, progress on the Hyatt Hotel, which falls under Fernando's ministry, has reached the halfway mark, he said.
POSITIVE
Other
Sri Lanka sees 1,995 new companies registered in Jan 2024: President
6-Mar-24
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
Other
Sri Lanka will bring new laws to sustain economic reforms: president
6-Mar-24
Economy
Wickremesinghe invited all parties represented in parliament to support the reforms.
Sri Lanka will bring new laws to sustain economic reforms: president Wickremesinghe invited all parties represented in parliament to support the reforms.
POSITIVE
Other
Sri Lanka plans to lift VAT from books, school supplies: President
6-Mar-24
Business
The more the economy strengthens the more we take actions to make people’s lives easier
Sri Lanka plans to lift VAT from books, school supplies: President The more the economy strengthens the more we take actions to make people’s lives easier
POSITIVE
Other
Sri Lanka rupee closes at 307.80/88 to the US dollar
6-Mar-24
Bonds & Forex
Bond yields were broadly steady.
Sri Lanka rupee closes at 307.80/88 to the US dollar Bond yields were broadly steady.
POSITIVE
Other
Sri Lanka Treasuries yields up, Rs42bn 12-month bills sold
6-Mar-24
Economy
All offered 160bn in bills sold
Sri Lanka Treasuries yields up, Rs42bn 12-month bills sold All offered 160bn in bills sold
NEGATIVE
Other
Sri Lanka stocks close up, LOLC Finance trade pushes turnover past 2.2bn
6-Mar-24
Stocks & Companies
Turnover topped 2.2 billion. Nearly half of this came from an LOLC Finance Plc trade (1bn)
Sri Lanka stocks close up, LOLC Finance trade pushes turnover past 2.2bn Turnover topped 2.2 billion. Nearly half of this came from an LOLC Finance Plc trade (1bn)
NEGATIVE
Other
Sri Lanka president quips about parliamentary committee's future amid speculation
6-Mar-24
Politics
"Before the question of how long I'll be there, how long you'll be the chairman is the question."
Sri Lanka president quips about parliamentary committee's future amid speculation "Before the question of how long I'll be there, how long you'll be the chairman is the question."
NEGATIVE
Other
Sri Lanka to bring in new laws, increase safe houses for women
6-Mar-24
Gender Issues
Two new bills that will be presented to parliament after Cabinet approval
Sri Lanka to bring in new laws, increase safe houses for women Two new bills that will be presented to parliament after Cabinet approval
POSITIVE
Other
Sri Lanka extends expat electric vehicle import scheme to June
6-Mar-24
Autos
Extension of an electrical vehicle import licence scheme meant for Sri Lankan expatriates
Sri Lanka extends expat electric vehicle import scheme to June Extension of an electrical vehicle import licence scheme meant for Sri Lankan expatriates
NEGATIVE
Other
Sri Lanka central bank salary hike from 29-pct to 89-pct: PM
6-Mar-24
Economy
Sri Lanka's Prime Minister Dinesh Gunawardena has revealed the steep salary hikes given to central bank employees
Sri Lanka central bank salary hike from 29-pct to 89-pct: PM Sri Lanka's Prime Minister Dinesh Gunawardena has revealed the steep salary hikes given to central bank employees
NEGATIVE
Other
Sri Lanka to gazette price ceiling for eggs
6-Mar-24
Agriculture
Price ceiling for eggs, as prices in the market rise ahead of several key religious and cultural holidays.
Sri Lanka to gazette price ceiling for eggs Price ceiling for eggs, as prices in the market rise ahead of several key religious and cultural holidays.
POSITIVE
Other
Sri Lanka seeking debt moratorium till Dec 2027, repayments by 2042: President
6-Mar-24
Economy
Debt to be repaid from 2027 to 2042
Sri Lanka seeking debt moratorium till Dec 2027, repayments by 2042: President Debt to be repaid from 2027 to 2042
NEGATIVE
Other
Sri Lanka rupee opens stronger at 307.70/90 to US dollar
6-Mar-24
Economy
Bond yields were flat ahead of a bill auction later on Wednesday
Sri Lanka rupee opens stronger at 307.70/90 to US dollar Bond yields were flat ahead of a bill auction later on Wednesday
NEGATIVE
Other
Sri Lanka central bank salary hike dispute with parliament deepens
6-Mar-24
Economy
Party leaders claim salary hike insensitive and parliament has ultimate control
Sri Lanka central bank salary hike dispute with parliament deepens Party leaders claim salary hike insensitive and parliament has ultimate control
NEGATIVE
Other
Sri Lanka to seek BOT investor for Galle leisure port
5-Mar-24
Business
Mixed development projects would be set up on the filled land.
Sri Lanka to seek BOT investor for Galle leisure port Mixed development projects would be set up on the filled land.
NEGATIVE
Other
Sri Lanka stocks close near 3-month high in high turnover
5-Mar-24
Markets
Over 1 bln rupee turnover continued for seventh straight session
Sri Lanka stocks close near 3-month high in high turnover Over 1 bln rupee turnover continued for seventh straight session
NEGATIVE
Other
Sri Lanka rupee closes at 307.95/108.05 to the US dollar
5-Mar-24
Bonds & Forex
Bond yields flat
Sri Lanka rupee closes at 307.95/108.05 to the US dollar Bond yields flat
NEGATIVE
Other
AKD's visit to India was on routine invitation: high commissioner to Sri Lanka
5-Mar-24
Politics
"But if they were willing to come, they're most welcome," he said.
AKD's visit to India was on routine invitation: high commissioner to Sri Lanka "But if they were willing to come, they're most welcome," he said.
POSITIVE
Other
Sri Lanka cabinet asks parliament to deal with CB salary hike row: Minister
5-Mar-24
Economy
Various ministers expressed their opinions
Sri Lanka cabinet asks parliament to deal with CB salary hike row: Minister Various ministers expressed their opinions
NEGATIVE
Other
Sri Lanka to build floating solar power plants on Chandrika Wewa, Kiriiban Wewa
5-Mar-24
Power
"The proposed projects will add about 3 gigawatt hours of annual electricity generation to the national grid."
Sri Lanka to build floating solar power plants on Chandrika Wewa, Kiriiban Wewa "The proposed projects will add about 3 gigawatt hours of annual electricity generation to the national grid."
POSITIVE
Other
Sri Lanka to join US-led International Counter Ransomware Initiative
5-Mar-24
Technology
The CRI was launched in 2021 as a common platform.
Sri Lanka to join US-led International Counter Ransomware Initiative The CRI was launched in 2021 as a common platform.
POSITIVE
Other
SriLankan Airlines debt of US$510mn to be taken over by govt
5-Mar-24
Economy
60 to 70 million US dollars to ease liquidity problems
SriLankan Airlines debt of US$510mn to be taken over by govt 60 to 70 million US dollars to ease liquidity problems
NEGATIVE
Transportation
Sri Lanka may need private creditor deal to finalize official MOUs
5-Mar-24
Economy
Official creditors objected to a private creditor deal in Zambia
Sri Lanka may need private creditor deal to finalize official MOUs Official creditors objected to a private creditor deal in Zambia
NEGATIVE
Other
Sri Lanka rupee at 308 to US dollar after opening stronger
5-Mar-24
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
Other
Sri Lankan Airlines interest deadline, final bid timelines extended
5-Mar-24
Economy
The indicative timeline for cabinet approval for a sale agreement pushed to September from June
Sri Lankan Airlines interest deadline, final bid timelines extended The indicative timeline for cabinet approval for a sale agreement pushed to September from June
NEGATIVE
Transportation
Sri Lanka cuts Octane 95, Super Diesel price, kerosene mis-pricing worsens
5-Mar-24
Energy
Octane 92 petrol, diesel unchanged
Sri Lanka cuts Octane 95, Super Diesel price, kerosene mis-pricing worsens Octane 92 petrol, diesel unchanged
NEGATIVE
Other
Sri Lanka electricity prices cut 21.9-pct: regulator
4-Mar-24
Energy
Public utility commission of Sri Lanka has reduced electricity prices by 21.9 percent
Sri Lanka electricity prices cut 21.9-pct: regulator Public utility commission of Sri Lanka has reduced electricity prices by 21.9 percent
NEGATIVE
Other
Sri Lanka Podujana Peramuna to decide on election after Basil's return
4-Mar-24
Politics
"From that moment on, we'll say compete with us and see if you can," said Nishantha.
Sri Lanka Podujana Peramuna to decide on election after Basil's return "From that moment on, we'll say compete with us and see if you can," said Nishantha.
POSITIVE
Other
Sri Lanka rupee closes at 308.05/15 to the US dollar
4-Mar-24
Bonds & Forex
Sri Lanka’s rupee closed at 308.05/15 to the US dollar Monday, dealers said. Bond yields were broadly steady.
Sri Lanka rupee closes at 308.05/15 to the US dollar Sri Lanka’s rupee closed at 308.05/15 to the US dollar Monday, dealers said. Bond yields were broadly steady.
POSITIVE
Other
Sri Lanka opposition to table first-ever no-faith motion against sitting speaker
4-Mar-24
Politics
"It's a special event," said Peiris.
Sri Lanka opposition to table first-ever no-faith motion against sitting speaker "It's a special event," said Peiris.
POSITIVE
Other
Amid security concerns, India-funded unique ID card project faces delay in Sri Lanka
4-Mar-24
Human Rights
Minister in December expected the bid call to be announced by end 2023.
Amid security concerns, India-funded unique ID card project faces delay in Sri Lanka Minister in December expected the bid call to be announced by end 2023.
NEGATIVE
Other
Sri Lanka stocks close up 1-pct, turnover at 1.7bn
4-Mar-24
Stocks & Companies
The broader All Share Index closed up 1.07 percent at 10,805; S&P SL20 Index closed up 1.49 percent at 3,084.
Sri Lanka stocks close up 1-pct, turnover at 1.7bn The broader All Share Index closed up 1.07 percent at 10,805; S&P SL20 Index closed up 1.49 percent at 3,084.
NEGATIVE
Other
Sri Lanka to bring new law to replace Port City Law: Prez
4-Mar-24
Legal
Existing laws of Sri Lanka not adequate, thus, UK commercial laws will apply within jurisdiction of offshore economy
Sri Lanka to bring new law to replace Port City Law: Prez Existing laws of Sri Lanka not adequate, thus, UK commercial laws will apply within jurisdiction of offshore economy
NEGATIVE
Other
Protests, strikes must stop for some time for Sri Lanka to recover under SJB govt: MP
4-Mar-24
Politics
"We have to understand this reality and maintain a somewhat tough administration, won't we?" he said.
Protests, strikes must stop for some time for Sri Lanka to recover under SJB govt: MP "We have to understand this reality and maintain a somewhat tough administration, won't we?" he said.
NEGATIVE
Other
Sri Lanka tech, AI firms invited to apply to UK's Pathfinder awards
4-Mar-24
ICT
Winners will receive help to grow their business in the UK.
Sri Lanka tech, AI firms invited to apply to UK's Pathfinder awards Winners will receive help to grow their business in the UK.
POSITIVE
Other
Japan, UNFPA gift Sri Lanka reproductive health mobile units
4-Mar-24
Health
Health on Wheels clinics will provide marginalized communities critical maternal and reproductive healthcare services
Japan, UNFPA gift Sri Lanka reproductive health mobile units Health on Wheels clinics will provide marginalized communities critical maternal and reproductive healthcare services
NEGATIVE
Other
Sri Lanka's CEB reports Rs61bn profit for 2023 with Dec quarter gains
4-Mar-24
Energy
The CEB reported profits of 77.9 billion rupees for the December quarter
Sri Lanka's CEB reports Rs61bn profit for 2023 with Dec quarter gains The CEB reported profits of 77.9 billion rupees for the December quarter
NEGATIVE
Other
Sri Lanka seeks 5-month extension for Hamilton case suspension
4-Mar-24
Economy
Time given till March 2022 for intervenient petitioner for a reply if any
Sri Lanka seeks 5-month extension for Hamilton case suspension Time given till March 2022 for intervenient petitioner for a reply if any
NEGATIVE
Other
Sri Lanka rupee opens at 308.20/50 to the US dollar
4-Mar-24
Bonds & Forex
Sri Lanka’s rupee opened at 308.20/50 to the US dollar Monday, dealers said. Bond yields were broadly steady.
Sri Lanka rupee opens at 308.20/50 to the US dollar Sri Lanka’s rupee opened at 308.20/50 to the US dollar Monday, dealers said. Bond yields were broadly steady.
POSITIVE
Other
Sri Lanka central bank swaps top $3.2bn by December
4-Mar-24
Economy
The gross position grew from 2,263 million dollars to 3,280 million US dollars over the year
Sri Lanka central bank swaps top $3.2bn by December The gross position grew from 2,263 million dollars to 3,280 million US dollars over the year
NEGATIVE
Other
Sri Lanka loses MICE tourists to Thailand on minimum room rates
3-Mar-24
Business
We don't mind demand and supply situation taking the rates up as in the Maldives
Sri Lanka loses MICE tourists to Thailand on minimum room rates We don't mind demand and supply situation taking the rates up as in the Maldives
NEGATIVE
Other
Sri Lanka coconut auction price up 4.7-pct
3-Mar-24
Agriculture
Auction price are down 2.5-pct so far this year
Sri Lanka coconut auction price up 4.7-pct Auction price are down 2.5-pct so far this year
NEGATIVE
Other
Sri Lanka tourist arrivals up 102-pct in Feb led by Russia
3-Mar-24
Business
Russian arrivals were 32,030 just overtaking India at 30,027
Sri Lanka tourist arrivals up 102-pct in Feb led by Russia Russian arrivals were 32,030 just overtaking India at 30,027
POSITIVE
Other
Sri Lanka tourist arrivals in Feb led by Russia amid visa row
3-Mar-24
Business
Russian visitors took pole position amid a visa row
Sri Lanka tourist arrivals in Feb led by Russia amid visa row Russian visitors took pole position amid a visa row
NEGATIVE
Other
Sri Lanka central bank officials to be summoned to party leaders meeting over steep pay hike
3-Mar-24
Economy
Legislators have questioned steep salary hikes to central bank officials
Sri Lanka central bank officials to be summoned to party leaders meeting over steep pay hike Legislators have questioned steep salary hikes to central bank officials
NEGATIVE
Other
Sri Lanka to shut oil refinery for 'turnaround' maintenance
2-Mar-24
Energy
This is a mandatory requirement, in compliance with international norms
Sri Lanka to shut oil refinery for 'turnaround' maintenance This is a mandatory requirement, in compliance with international norms
NEGATIVE
Other
Sri Lanka eyes SOE law by May 2024 for better governance
1-Mar-24
Business
Public Commercial Business (PCB) Act to improve governance of state-owned enterprise as part of anti-corruption efforts
Sri Lanka eyes SOE law by May 2024 for better governance Public Commercial Business (PCB) Act to improve governance of state-owned enterprise as part of anti-corruption efforts
NEGATIVE
Other
Sri Lanka rupee closes at 308.80/90 to the US dollar
1-Mar-24
Bonds & Forex
Sri Lanka’s rupee closed at 308.80/90 to the US dollar Friday, dealers said. Bond yields were broadly steady.
Sri Lanka rupee closes at 308.80/90 to the US dollar Sri Lanka’s rupee closed at 308.80/90 to the US dollar Friday, dealers said. Bond yields were broadly steady.
POSITIVE
Other
Sri Lanka stocks close up 0.37-pct, Expo to de-list
1-Mar-24
Stocks & Companies
Expolanka is the largest listed company on the Colombo Stock Exchange.
Sri Lanka stocks close up 0.37-pct, Expo to de-list Expolanka is the largest listed company on the Colombo Stock Exchange.
NEGATIVE
Other
Sri Lanka to cut Rs200 import tax on dates for Ramazan
1-Mar-24
Economy
Sudden tax cuts by gazette are under fire for undermining governance
Sri Lanka to cut Rs200 import tax on dates for Ramazan Sudden tax cuts by gazette are under fire for undermining governance
NEGATIVE
Other
Sri Lanka should focus on alternative crops: Minister
1-Mar-24
Agriculture
Need to focus on alternative crops such as maize, green gram and undu
Sri Lanka should focus on alternative crops: Minister Need to focus on alternative crops such as maize, green gram and undu
NEGATIVE
Agricultural Raw Materials
Faux-revolutionaries want education in Sri Lanka to stagnate, oppose reforms: Sajith
1-Mar-24
Education
"Every time something new is being attempted, what do they do? They take to the streets."
Faux-revolutionaries want education in Sri Lanka to stagnate, oppose reforms: Sajith "Every time something new is being attempted, what do they do? They take to the streets."
NEGATIVE
Other
India funds electricity project in Sri Lanka's northern islands
1-Mar-24
Power
Delft, Analativu and Nainativu islands will receive hybrid renewable energy system under USD 10.995 million grant
India funds electricity project in Sri Lanka's northern islands Delft, Analativu and Nainativu islands will receive hybrid renewable energy system under USD 10.995 million grant
POSITIVE
Other
Sri Lanka Nawaloka Hospital gets court order to stop asset sale
1-Mar-24
Banking
Court of Appeal issues interim order preventing Hatton National Bank PLC from auctioning the property
Sri Lanka Nawaloka Hospital gets court order to stop asset sale Court of Appeal issues interim order preventing Hatton National Bank PLC from auctioning the property
NEGATIVE
Other
Sri Lanka will stand up for any economic rights comprised at Red Sea: president
1-Mar-24
Uncategorized
"Any disturbance to the peace and stability of the region poses a threat to our country," he said.
Sri Lanka will stand up for any economic rights comprised at Red Sea: president "Any disturbance to the peace and stability of the region poses a threat to our country," he said.
NEGATIVE
Other
AKD maintains 50-pct lead in Sri Lanka presidential voting intent poll in January
1-Mar-24
Politics
Support for Dissanayake had dropped just 1 percentage point since December 2023.
AKD maintains 50-pct lead in Sri Lanka presidential voting intent poll in January Support for Dissanayake had dropped just 1 percentage point since December 2023.
NEGATIVE
Other
Sri Lanka eyes criminal asset recovery law by April under IMF program
1-Mar-24
Legal
The asset recovery law will be in line with a United Nations Convention against Corruption
Sri Lanka eyes criminal asset recovery law by April under IMF program The asset recovery law will be in line with a United Nations Convention against Corruption
POSITIVE
Other
Sri Lanka unveils action plan after IMF corruption report
1-Mar-24
Fiscal
Action plan to combat corruption, includes reforms to bribery commission, public tendering, state enterprise governance
Sri Lanka unveils action plan after IMF corruption report Action plan to combat corruption, includes reforms to bribery commission, public tendering, state enterprise governance
POSITIVE
Other
Sri Lanka imports rise in Jan as tourism, remittances boost dollar incomes
1-Mar-24
Economy
.The trade deficit expanded to 541 million US dollars from 445 million as non-Merchandise incomes were spent
Sri Lanka imports rise in Jan as tourism, remittances boost dollar incomes .The trade deficit expanded to 541 million US dollars from 445 million as non-Merchandise incomes were spent
NEGATIVE
Other
Sri Lanka begins solar pilot project on plantation
1-Mar-24
Energy
Semi transparent solar PV powered agrivoltaic pilot project commissioned in Hanthana
Sri Lanka begins solar pilot project on plantation Semi transparent solar PV powered agrivoltaic pilot project commissioned in Hanthana
POSITIVE
Other
Sri Lanka rupee opens at 309.05/15 to the US dollar
1-Mar-24
Bonds & Forex
Sri Lanka’s rupee opened at 309.05/15 to the US dollar Friday, dealers said. Bond yields were broadly stable
Sri Lanka rupee opens at 309.05/15 to the US dollar Sri Lanka’s rupee opened at 309.05/15 to the US dollar Friday, dealers said. Bond yields were broadly stable
POSITIVE
Other
Sri Lanka’s RAMIS online tax collection system “not operatable”: IT Minister
29-Feb-24
Economy
Sri Lanka is still struggling to boost tax collection via online
Sri Lanka’s RAMIS online tax collection system “not operatable”: IT Minister Sri Lanka is still struggling to boost tax collection via online
NEGATIVE
Other
Sri Lanka aims to boost SME with Sancharaka Udawa tourism expo
29-Feb-24
Tourism
Tourism industry exhibition will bring together businesses ranging from hotels to travel agents and airlines
Sri Lanka aims to boost SME with Sancharaka Udawa tourism expo Tourism industry exhibition will bring together businesses ranging from hotels to travel agents and airlines
POSITIVE
Transportation
Sri Lanka rupee closes at 309.50/70 to the US dollar
29-Feb-24
Bonds & Forex
Sri Lanka’s rupee closed at 309.50/70 to the US dollar Thursday, dealers said. Bond yields slightly higher.
Sri Lanka rupee closes at 309.50/70 to the US dollar Sri Lanka’s rupee closed at 309.50/70 to the US dollar Thursday, dealers said. Bond yields slightly higher.
NEGATIVE
Other
Sri Lanka to expand Aswesuma benefits to around 40-pct of population ahead of polls
29-Feb-24
Politics
In December, the government had 1.41 million Aswesuma beneficiaries.
Sri Lanka to expand Aswesuma benefits to around 40-pct of population ahead of polls In December, the government had 1.41 million Aswesuma beneficiaries.
POSITIVE
Other
Sri Lanka to get Cyber Security Act, Authority: Min
29-Feb-24
ICT
Digital economy had grown from 4.73 to 5 percent.
Sri Lanka to get Cyber Security Act, Authority: Min Digital economy had grown from 4.73 to 5 percent.
NEGATIVE
Other
Sri Lanka stocks close down, turnover stays above 1bn
29-Feb-24
Stocks & Companies
JKH was the most actively traded stock of the day; its subsidiary CCS announced a partnership with Reliance
Sri Lanka stocks close down, turnover stays above 1bn JKH was the most actively traded stock of the day; its subsidiary CCS announced a partnership with Reliance
NEGATIVE
Other
Sri Lanka inflation rises 5.9-pct over 17 -months, food down
29-Feb-24
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
Food Products
Sri Lanka president's party claims opposition SJB members to join them after March 10
29-Feb-24
Politics
"After March 10, a majority of SJBers will join us," he said.
Sri Lanka president's party claims opposition SJB members to join them after March 10 "After March 10, a majority of SJBers will join us," he said.
POSITIVE
Other
Japan trains Sri Lanka Coast Guard on oil spill response
29-Feb-24
Shipping
The Japan Coast Guard (JCG) has trained 37 officers of the Sri Lanka Coast Guard (SLCG) on how to handle oil spills,
Japan trains Sri Lanka Coast Guard on oil spill response The Japan Coast Guard (JCG) has trained 37 officers of the Sri Lanka Coast Guard (SLCG) on how to handle oil spills,
POSITIVE
Other
Sri Lanka wants to ensure absence major power rivalries in Indian Ocean: president
29-Feb-24
International Relations
Wickremesinghe also called for cooperation among major powers rather than competition.
Sri Lanka wants to ensure absence major power rivalries in Indian Ocean: president Wickremesinghe also called for cooperation among major powers rather than competition.
POSITIVE
Other
Sri Lanka's NPP continues to lead voting intent poll ahead of main opposition
29-Feb-24
Politics
It showed no substantial change in general election voting intentions in January 2024 compared to the previous month.
Sri Lanka's NPP continues to lead voting intent poll ahead of main opposition It showed no substantial change in general election voting intentions in January 2024 compared to the previous month.
NEGATIVE
Other
Sri Lanka's Motor Traffic Dept in final phase of digitalization: Min
29-Feb-24
Government services
DMT registers doubling of profit in 2023 despite vehicle import ban
Sri Lanka's Motor Traffic Dept in final phase of digitalization: Min DMT registers doubling of profit in 2023 despite vehicle import ban
NEGATIVE
Other
Sri Lanka rupee opens at 309.90/310.00 to the US dollar
29-Feb-24
Bonds & Forex
Sri Lanka’s rupee appreciated further to open at 309.90/310.00 to US dollar Thursday, dealers said. Bond yields steady...
Sri Lanka rupee opens at 309.90/310.00 to the US dollar Sri Lanka’s rupee appreciated further to open at 309.90/310.00 to US dollar Thursday, dealers said. Bond yields steady...
POSITIVE
Other
Sri Lanka confident of “smoother" IMF second review: State Minister
28-Feb-24
Economic Crisis
The IMF has already disbursed two tranche of the EFF
Sri Lanka confident of “smoother" IMF second review: State Minister The IMF has already disbursed two tranche of the EFF
NEGATIVE
Other
Sri Lanka's religious leaders need to cultivate harmony: Prez
28-Feb-24
Religion
Acknowledged the intrinsic connection between religion and reconciliation
Sri Lanka's religious leaders need to cultivate harmony: Prez Acknowledged the intrinsic connection between religion and reconciliation
POSITIVE
Other
Sri Lanka rupee closes at 310.00/15 to the US dollar
28-Feb-24
Bonds & Forex
Sri Lanka’s rupee closed at 310.00/15 to the US dollar Wednesday, dealers said. Bond yields were steady.
Sri Lanka rupee closes at 310.00/15 to the US dollar Sri Lanka’s rupee closed at 310.00/15 to the US dollar Wednesday, dealers said. Bond yields were steady.
POSITIVE
Other
Sri Lanka Treasuries yields edge up after steep fall
28-Feb-24
Bonds & Forex
Sri Lanka's Treasuries yield have come down sharply in recent weeks
Sri Lanka Treasuries yields edge up after steep fall Sri Lanka's Treasuries yield have come down sharply in recent weeks
NEGATIVE
Other
Sri Lanka stocks close up, retail activity coming in
28-Feb-24
Stocks & Companies
Turnover was at 1.2 billion.
Sri Lanka stocks close up, retail activity coming in Turnover was at 1.2 billion.
NEGATIVE
Other
Sri Lanka Education Ministry asks schools to keep children out of sun
28-Feb-24
weather
Extreme hot weather may rise tomorrow and next day, avoid keeping school students outdoors in high temperatures
Sri Lanka Education Ministry asks schools to keep children out of sun Extreme hot weather may rise tomorrow and next day, avoid keeping school students outdoors in high temperatures
NEGATIVE
Other
Sri Lanka focused on national unity: FM at UN Human Rights Council
28-Feb-24
International Relations
How Council approaches crisis in Gaza litmus test to credibility, reiterated importance of avoiding double standards
Sri Lanka focused on national unity: FM at UN Human Rights Council How Council approaches crisis in Gaza litmus test to credibility, reiterated importance of avoiding double standards
POSITIVE
Other
Sri Lanka to improve infrastructure on its hilly terrains
28-Feb-24
Construction and Real Estate
The rural development program will be implemented in 11 districts with mountains
Sri Lanka to improve infrastructure on its hilly terrains The rural development program will be implemented in 11 districts with mountains
POSITIVE
Capital Goods
Sri Lanka's boat builders head to Dubai
28-Feb-24
Business
Boat builders in Sri Lanka are headed to the Dubai International Boat show to showcase their capabilities
Sri Lanka's boat builders head to Dubai Boat builders in Sri Lanka are headed to the Dubai International Boat show to showcase their capabilities
POSITIVE
Other
Sri Lanka rupee trades at 310.10/30 to the US dollar
28-Feb-24
Bonds & Forex
Sri Lanka’s rupee opened at 310.10/30 to the US dollar on Wednesday, dealers said. Bond yields were steady.
Sri Lanka rupee trades at 310.10/30 to the US dollar Sri Lanka’s rupee opened at 310.10/30 to the US dollar on Wednesday, dealers said. Bond yields were steady.
POSITIVE
Other
Sri Lanka rupee closes at 310.25/50 to the US dollar
27-Feb-24
Bonds & Forex
Sri Lanka’s rupee closed at 310.25/50 to the US dollar Tuesday, dealers said. Bond yields were broadly steady.
Sri Lanka rupee closes at 310.25/50 to the US dollar Sri Lanka’s rupee closed at 310.25/50 to the US dollar Tuesday, dealers said. Bond yields were broadly steady.
POSITIVE
Other
Sri Lanka, Romania to strengthen trade ties
27-Feb-24
Trade
Romania will sign an agreement with Sri Lanka to further speed up the trade process and prevent double taxation.
Sri Lanka, Romania to strengthen trade ties Romania will sign an agreement with Sri Lanka to further speed up the trade process and prevent double taxation.
POSITIVE
Other