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Sri Lanka stocks close up, turnover at 2.5bn | 27-Feb-24 | Stocks & Companies | Turnover was at 2.5 billion. "This was mostly due to 5-6 crossings that took place today," | Sri Lanka stocks close up, turnover at 2.5bn Turnover was at 2.5 billion. "This was mostly due to 5-6 crossings that took place today," | NEGATIVE | Other |
Sri Lanka to lease Waters Edge land to Navy, Asoka College | 27-Feb-24 | Construction and Real Estate | Release of two blocks of land within premises of Waters' Edge, Battaramulla to the Sri Lanka Navy and Asoka Vidyalaya | Sri Lanka to lease Waters Edge land to Navy, Asoka College Release of two blocks of land within premises of Waters' Edge, Battaramulla to the Sri Lanka Navy and Asoka Vidyalaya | NEGATIVE | Other |
Sri Lanka cabinet approves new tourism policy | 27-Feb-24 | Tourism | Proposal to implement a new tourism policy prepared by an expert committee, | Sri Lanka cabinet approves new tourism policy Proposal to implement a new tourism policy prepared by an expert committee, | POSITIVE | Other |
Sri Lankan MP Uddika Premarathne resigns | 27-Feb-24 | Politics | MP Uddika Premarathne has tendered his resignation letter to Parliament | Sri Lankan MP Uddika Premarathne resigns MP Uddika Premarathne has tendered his resignation letter to Parliament | NEGATIVE | Other |
Sri Lanka to give Rs20bn in SME loans with ADB support | 27-Feb-24 | Banking | 20 billion rupee loans scheme for small and medium enterprises hit by an economic crisis | Sri Lanka to give Rs20bn in SME loans with ADB support 20 billion rupee loans scheme for small and medium enterprises hit by an economic crisis | NEGATIVE | Other |
Sri Lanka to halt auction of bank loan collateral till Dec 15 | 27-Feb-24 | Banking | A sufficient grace period to pay off relevant debts without being a burden to the banking system should be allowed | Sri Lanka to halt auction of bank loan collateral till Dec 15 A sufficient grace period to pay off relevant debts without being a burden to the banking system should be allowed | POSITIVE | Other |
Sri Lanka parliamentary committee says electricity tariffs should be reduced by 20 pct | 27-Feb-24 | Energy | The committee has noted that existing electricity price can be reduced by about 33%. | Sri Lanka parliamentary committee says electricity tariffs should be reduced by 20 pct The committee has noted that existing electricity price can be reduced by about 33%. | NEGATIVE | Other |
Sri Lanka sets up fund to help children of Gaza | 27-Feb-24 | Human Rights | Government donation of US$1mn will be distributed through official UN agencies, citizen contributions encouraged | Sri Lanka sets up fund to help children of Gaza Government donation of US$1mn will be distributed through official UN agencies, citizen contributions encouraged | NEGATIVE | Other |
Top US official calls for inclusive reforms, deeper defence ties with Sri Lanka | 27-Feb-24 | International Relations | The United States remains committed to the economic growth and prosperity of Sri Lanka, the official said. | Top US official calls for inclusive reforms, deeper defence ties with Sri Lanka The United States remains committed to the economic growth and prosperity of Sri Lanka, the official said. | POSITIVE | Other |
Sri Lanka police chief appointment against constitution: Opposition Leader | 27-Feb-24 | Politics | Tennakoon has been appointed as the 36th IGP of the country | Sri Lanka police chief appointment against constitution: Opposition Leader Tennakoon has been appointed as the 36th IGP of the country | POSITIVE | Other |
All major party leaders Sri Lanka remained unpopular in January: poll | 27-Feb-24 | Politics | Leftist leader Anura Kumara Dissanayake increased his favourability by 12 points to -10 in January. | All major party leaders Sri Lanka remained unpopular in January: poll Leftist leader Anura Kumara Dissanayake increased his favourability by 12 points to -10 in January. | NEGATIVE | Other |
Sri Lanka to seek private investments in water sector | 27-Feb-24 | Economy | Sri Lanka is looking to form public private partnerships in the water sector, with focus on rural water supply | Sri Lanka to seek private investments in water sector Sri Lanka is looking to form public private partnerships in the water sector, with focus on rural water supply | NEGATIVE | Other |
Sri Lanka rupee opens stronger at 310.50/75 to the US dollar | 27-Feb-24 | Bonds & Forex | Sri Lanka’s rupee opened at 310.50/75 to the US dollar Tuesday, dealers said. Bond yields were down. | Sri Lanka rupee opens stronger at 310.50/75 to the US dollar Sri Lanka’s rupee opened at 310.50/75 to the US dollar Tuesday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka and India negotiating on bilateral investment treaty: report | 27-Feb-24 | Economy | Discussion on the ETCA, are at an advanced stage | Sri Lanka and India negotiating on bilateral investment treaty: report Discussion on the ETCA, are at an advanced stage | POSITIVE | Other |
Sri Lanka president appoints Supreme Court-faulted official as police chief after CC clearance | 26-Feb-24 | Law and Order | Tennakoon is appointed as the 36th IGP of Sri Lanka | Sri Lanka president appoints Supreme Court-faulted official as police chief after CC clearance Tennakoon is appointed as the 36th IGP of Sri Lanka | NEGATIVE | Other |
No water tariff hike in Sri Lanka this year: Minister | 26-Feb-24 | Government services | Water tariff was increased between 30-50% in August last year | No water tariff hike in Sri Lanka this year: Minister Water tariff was increased between 30-50% in August last year | NEGATIVE | Other |
Sri Lanka rupee closes at 310.80/311.00 to the US dollar | 26-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at 310.80/311.00 to the US dollar Monday, dealers said. Bond yields were down. | Sri Lanka rupee closes at 310.80/311.00 to the US dollar Sri Lanka’s rupee closed at 310.80/311.00 to the US dollar Monday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka stocks close down, turnover at 1.6bn | 26-Feb-24 | Stocks & Companies | Turnover was at 1.6 million. Nearly half of this came from trading in Melstacorp Plc (474 million) | Sri Lanka stocks close down, turnover at 1.6bn Turnover was at 1.6 million. Nearly half of this came from trading in Melstacorp Plc (474 million) | NEGATIVE | Other |
Sri Lanka and India negotiating on bilateral investment treaty: report | 27-Feb-24 | Economy | Discussion on the ETCA, are at an advanced stage | Sri Lanka and India negotiating on bilateral investment treaty: report Discussion on the ETCA, are at an advanced stage | POSITIVE | Other |
Sri Lanka president appoints Supreme Court-faulted official as police chief after CC clearance | 26-Feb-24 | Law and Order | Tennakoon is appointed as the 36th IGP of Sri Lanka | Sri Lanka president appoints Supreme Court-faulted official as police chief after CC clearance Tennakoon is appointed as the 36th IGP of Sri Lanka | NEGATIVE | Other |
No water tariff hike in Sri Lanka this year: Minister | 26-Feb-24 | Government services | Water tariff was increased between 30-50% in August last year | No water tariff hike in Sri Lanka this year: Minister Water tariff was increased between 30-50% in August last year | NEGATIVE | Other |
Sri Lanka rupee closes at 310.80/311.00 to the US dollar | 26-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at 310.80/311.00 to the US dollar Monday, dealers said. Bond yields were down. | Sri Lanka rupee closes at 310.80/311.00 to the US dollar Sri Lanka’s rupee closed at 310.80/311.00 to the US dollar Monday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka stocks close down, turnover at 1.6bn | 26-Feb-24 | Stocks & Companies | Turnover was at 1.6 million. Nearly half of this came from trading in Melstacorp Plc (474 million) | Sri Lanka stocks close down, turnover at 1.6bn Turnover was at 1.6 million. Nearly half of this came from trading in Melstacorp Plc (474 million) | NEGATIVE | Other |
Vietnam delegation on agriculture, fisheries, meets Sri Lanka chamber | 26-Feb-24 | Agriculture | Vietnam's Ministry of Agriculture and Rural Development met Ceylon Chamber of Commerce for collaboration in agriculture | Vietnam delegation on agriculture, fisheries, meets Sri Lanka chamber Vietnam's Ministry of Agriculture and Rural Development met Ceylon Chamber of Commerce for collaboration in agriculture | POSITIVE | Agricultural Raw Materials |
Patali wants Sri Lanka presidential powers pruned, meets party leaders | 26-Feb-24 | Politics | The programme calls for "revisiting and reducing the President's executive powers to the levels observed in 2015". | Patali wants Sri Lanka presidential powers pruned, meets party leaders The programme calls for "revisiting and reducing the President's executive powers to the levels observed in 2015". | POSITIVE | Other |
Sri Lanka meets only 10 pct of global demand for king coconuts, plans to develop crop | 26-Feb-24 | Trade | "The variety of king coconut grown here is not available anywhere else in the world," he said. | Sri Lanka meets only 10 pct of global demand for king coconuts, plans to develop crop "The variety of king coconut grown here is not available anywhere else in the world," he said. | NEGATIVE | Other |
Sri Lanka central bank officers' union issues statement on salary hike | 26-Feb-24 | Economy | The discourse has been so far one sided | Sri Lanka central bank officers' union issues statement on salary hike The discourse has been so far one sided | NEGATIVE | Other |
Sri Lanka main opposition files no-confidence motion against speaker | 26-Feb-24 | Politics | It was filed for approving the controversial Online Safety Bill allegedly in violation of Supreme Court recommendations. | Sri Lanka main opposition files no-confidence motion against speaker It was filed for approving the controversial Online Safety Bill allegedly in violation of Supreme Court recommendations. | NEGATIVE | Other |
Sri Lanka seeks wider cooperation with BIMSTEC partners | 26-Feb-24 | Trade | Such an agreement could boost intra-regional trade as well as trade between BIMSTEC and the rest of the world | Sri Lanka seeks wider cooperation with BIMSTEC partners Such an agreement could boost intra-regional trade as well as trade between BIMSTEC and the rest of the world | NEGATIVE | Other |
Sri Lanka coconut auction prices up 9-pct | 26-Feb-24 | Agriculture | Sri Lanka’s average coconut prices was 70,593 per 1,000 nuts at the auction on February 22, | Sri Lanka coconut auction prices up 9-pct Sri Lanka’s average coconut prices was 70,593 per 1,000 nuts at the auction on February 22, | NEGATIVE | Other |
Lanka Pay offers solutions to settle online purchases | 26-Feb-24 | Business | Lanka Pay said it was introducing two new payment tools for online retail transactions; JustPay Web and PayMe | Lanka Pay offers solutions to settle online purchases Lanka Pay said it was introducing two new payment tools for online retail transactions; JustPay Web and PayMe | NEGATIVE | Capital Goods |
Sri Lanka rupee opens at 310.70/311.00 to the US dollar | 26-Feb-24 | Bonds & Forex | Sri Lanka’s rupee opened at 310.70/311.00 to the US dollar Monday, dealers said. Bond yields were steady. | Sri Lanka rupee opens at 310.70/311.00 to the US dollar Sri Lanka’s rupee opened at 310.70/311.00 to the US dollar Monday, dealers said. Bond yields were steady. | POSITIVE | Other |
Sri Lanka central bank salary hikes show lack of accountability for its actions | 26-Feb-24 | Bellwether | central bank essentially earns money to pay salaries essentially from seigniorage | Sri Lanka central bank salary hikes show lack of accountability for its actions central bank essentially earns money to pay salaries essentially from seigniorage | NEGATIVE | Other |
Sri Lanka's central bank offers explain salary hike to parliament | 25-Feb-24 | Economy | Made a request through President to explain | Sri Lanka's central bank offers explain salary hike to parliament Made a request through President to explain | NEGATIVE | Other |
SriLankan Airlines denies TU action for flight delays | 25-Feb-24 | Aviation | SriLankan Airlines has recently witnessed delays due raft of technical issues in Colombo and foreign airports | SriLankan Airlines denies TU action for flight delays SriLankan Airlines has recently witnessed delays due raft of technical issues in Colombo and foreign airports | NEGATIVE | Transportation |
Sri Lanka could get US$500mn from ADB in 2024 | 25-Feb-24 | Economy | ADB has started work on a 2024-2028 Country Partnership Strategy | Sri Lanka could get US$500mn from ADB in 2024 ADB has started work on a 2024-2028 Country Partnership Strategy | POSITIVE | Other |
Sri Lanka's multi-aligned foreign policy based on friendship: Min | 24-Feb-24 | International Relations | Non-alignment means not becoming a bystander. | Sri Lanka's multi-aligned foreign policy based on friendship: Min Non-alignment means not becoming a bystander. | POSITIVE | Other |
Sri Lanka's Commercial Bank Dec net down on tax provisions | 24-Feb-24 | Banking | Pre-tax profits were Rs8.89bn Rs2.4bn but after tax profits were down amid a reversal | Sri Lanka's Commercial Bank Dec net down on tax provisions Pre-tax profits were Rs8.89bn Rs2.4bn but after tax profits were down amid a reversal | NEGATIVE | Other |
Sri Lanka offers fresh debt plan to bondholders amid Hamilton case extension hopes: Sources | 22-Feb-24 | Economy | An extension of the Hamilton case will give time to wrap up debt re-structuring | Sri Lanka offers fresh debt plan to bondholders amid Hamilton case extension hopes: Sources An extension of the Hamilton case will give time to wrap up debt re-structuring | NEGATIVE | Other |
Sri Lanka to consolidate all vocational training institutes into one college: president | 22-Feb-24 | Education | "He expressed optimism about Sri Lanka’s trajectory in embracing evolving technologies," the statement said. | Sri Lanka to consolidate all vocational training institutes into one college: president "He expressed optimism about Sri Lanka’s trajectory in embracing evolving technologies," the statement said. | POSITIVE | Other |
ADB country chief hopes Sri Lanka could sustain policy reforms despite elections | 22-Feb-24 | Economic Crisis | The IMF has strictly placed some reforms including in state sector enterprises, fiscal and monetary sectors | ADB country chief hopes Sri Lanka could sustain policy reforms despite elections The IMF has strictly placed some reforms including in state sector enterprises, fiscal and monetary sectors | NEGATIVE | Other |
Sri Lanka rupee closes at 310.95/311.05 to the US dollar | 22-Feb-24 | Bonds & Forex | Sri Lanka’s rupee appreciated further at 310.95/311.05 to the US dollar Thursday, dealers said. Bond yields down | Sri Lanka rupee closes at 310.95/311.05 to the US dollar Sri Lanka’s rupee appreciated further at 310.95/311.05 to the US dollar Thursday, dealers said. Bond yields down | NEGATIVE | Other |
Sri Lanka's CEB to submit significant power tariff reduction proposal to regulator | 22-Feb-24 | Power | The CEB expects to reduce rates by at least the same rates and percentages it was increased in October 2023. | Sri Lanka's CEB to submit significant power tariff reduction proposal to regulator The CEB expects to reduce rates by at least the same rates and percentages it was increased in October 2023. | NEGATIVE | Other |
Sri Lanka stocks close up, turnover tops 1bn | 22-Feb-24 | Stocks & Companies | Turnover was at 1.4 million. A large part of this came from trading in John Keells Holdings Plc (571 million) | Sri Lanka stocks close up, turnover tops 1bn Turnover was at 1.4 million. A large part of this came from trading in John Keells Holdings Plc (571 million) | NEGATIVE | Other |
Sri Lanka parliament appoints members to committees including COPE, COPA | 22-Feb-24 | Politics | Deputy Speaker Ajith Rajapakse said 19 members have been appointed to COPE. | Sri Lanka parliament appoints members to committees including COPE, COPA Deputy Speaker Ajith Rajapakse said 19 members have been appointed to COPE. | POSITIVE | Other |
Sri Lanka, Vietnam to cooperate on agriculture | 22-Feb-24 | Agriculture | Sri Lanka and Vietnam have signed an agreement to develop the agricultural sector in the island. | Sri Lanka, Vietnam to cooperate on agriculture Sri Lanka and Vietnam have signed an agreement to develop the agricultural sector in the island. | POSITIVE | Agricultural Raw Materials |
Merchant Bank of Sri Lanka and Finance given 'BBB+(lka)' rating by Fitch | 22-Feb-24 | Stocks & Companies | Merchant Bank of Sri Lanka & Finance Plc (MBSL) given first-time national long-term rating of BBB+ | Merchant Bank of Sri Lanka and Finance given 'BBB+(lka)' rating by Fitch Merchant Bank of Sri Lanka & Finance Plc (MBSL) given first-time national long-term rating of BBB+ | NEGATIVE | Other |
Sri Lanka to get update on GSP+ cycle at EU joint commission meeting | 22-Feb-24 | Economy | To be briefed on new GSP Regulation and the new cycle of the EU GSP+ concessions | Sri Lanka to get update on GSP+ cycle at EU joint commission meeting To be briefed on new GSP Regulation and the new cycle of the EU GSP+ concessions | NEGATIVE | Other |
India's BAL Investment interested in land around aragalaya site | 22-Feb-24 | Investment | An acre of land at Baladaksha Mawatha was requested for a joint development project by Bal Investments | India's BAL Investment interested in land around aragalaya site An acre of land at Baladaksha Mawatha was requested for a joint development project by Bal Investments | NEGATIVE | Other |
CEB spokesman resigns after insensitive comments | 22-Feb-24 | People | Ceylon Electricity Board spokesman engineer Noel Priyantha resigns from post after comments on talk show spark anger | CEB spokesman resigns after insensitive comments Ceylon Electricity Board spokesman engineer Noel Priyantha resigns from post after comments on talk show spark anger | NEGATIVE | Other |
Sri Lanka's Seylan Bank to raise 10bn through debenture issue | 22-Feb-24 | Stocks & Companies | Seylan Bank Plc said it was planning to raise up to 10 billion through a Basel III compliant debenture sale. | Sri Lanka's Seylan Bank to raise 10bn through debenture issue Seylan Bank Plc said it was planning to raise up to 10 billion through a Basel III compliant debenture sale. | NEGATIVE | Other |
Sri Lanka rupee opens at 311.10/20 to the US dollar | 22-Feb-24 | Bonds & Forex | Sri Lanka’s rupee opened at 311.10/20 to the US dollar Thursday, dealers said. Bond yields were broadly steady. | Sri Lanka rupee opens at 311.10/20 to the US dollar Sri Lanka’s rupee opened at 311.10/20 to the US dollar Thursday, dealers said. Bond yields were broadly steady. | POSITIVE | Other |
Sri Lanka political leadership accepts 5 to 7-pct inflation without protest | 22-Feb-24 | Economy | There had been no such negotiation or an ask for a lower rate | Sri Lanka political leadership accepts 5 to 7-pct inflation without protest There had been no such negotiation or an ask for a lower rate | NEGATIVE | Other |
Sri Lanka to halt parate execution of defaulted SME bank loans: Minister | 21-Feb-24 | Banking | Cabinet paper next week | Sri Lanka to halt parate execution of defaulted SME bank loans: Minister Cabinet paper next week | NEGATIVE | Other |
Sri Lanka rupee closes at 311.30/50 to the US dollar | 21-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at 311.30/50 to the US dollar Wednesday, dealers said. Bond yields were broadly steady | Sri Lanka rupee closes at 311.30/50 to the US dollar Sri Lanka’s rupee closed at 311.30/50 to the US dollar Wednesday, dealers said. Bond yields were broadly steady | POSITIVE | Other |
Sri Lanka stocks close up, consumer sector picking up | 21-Feb-24 | Bonds & Forex | Turnover was at 880 mn. "Buyers coming into market, but at lower prices | Sri Lanka stocks close up, consumer sector picking up Turnover was at 880 mn. "Buyers coming into market, but at lower prices | NEGATIVE | Other |
Sri Lanka and Iran discuss bilateral cooperation, violence in Gaza | 21-Feb-24 | International Relations | President proposes establishment of Palestinian State within timeframe of five years | Sri Lanka and Iran discuss bilateral cooperation, violence in Gaza President proposes establishment of Palestinian State within timeframe of five years | POSITIVE | Other |
Sri Lanka to reduce power tariff through capital cost cuts, delayed non-essential maintenance | 21-Feb-24 | Power | Maintenance and repairs deemed non-essential have been postponed to 2025 and 2026, an official said. | Sri Lanka to reduce power tariff through capital cost cuts, delayed non-essential maintenance Maintenance and repairs deemed non-essential have been postponed to 2025 and 2026, an official said. | NEGATIVE | Other |
Sri Lanka to halt parate execution of defaulted SME bank loans: Minister | 21-Feb-24 | Banking | Cabinet paper next week | Sri Lanka to halt parate execution of defaulted SME bank loans: Minister Cabinet paper next week | NEGATIVE | Other |
Sri Lanka rupee closes at 311.30/50 to the US dollar | 21-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at 311.30/50 to the US dollar Wednesday, dealers said. Bond yields were broadly steady | Sri Lanka rupee closes at 311.30/50 to the US dollar Sri Lanka’s rupee closed at 311.30/50 to the US dollar Wednesday, dealers said. Bond yields were broadly steady | POSITIVE | Other |
Sri Lanka stocks close up, consumer sector picking up | 21-Feb-24 | Bonds & Forex | Turnover was at 880 mn. "Buyers coming into market, but at lower prices | Sri Lanka stocks close up, consumer sector picking up Turnover was at 880 mn. "Buyers coming into market, but at lower prices | NEGATIVE | Other |
Sri Lanka and Iran discuss bilateral cooperation, violence in Gaza | 21-Feb-24 | International Relations | President proposes establishment of Palestinian State within timeframe of five years | Sri Lanka and Iran discuss bilateral cooperation, violence in Gaza President proposes establishment of Palestinian State within timeframe of five years | POSITIVE | Other |
Sri Lanka to reduce power tariff through capital cost cuts, delayed non-essential maintenance | 21-Feb-24 | Power | Maintenance and repairs deemed non-essential have been postponed to 2025 and 2026, an official said. | Sri Lanka to reduce power tariff through capital cost cuts, delayed non-essential maintenance Maintenance and repairs deemed non-essential have been postponed to 2025 and 2026, an official said. | NEGATIVE | Other |
Sri Lanka's Opposition like village gamblers who want funeral to go on: Min | 21-Feb-24 | Politics | Gambling den operators at village funerals want funeral to continue so they can earn on gambling (bu-ru-wa) | Sri Lanka's Opposition like village gamblers who want funeral to go on: Min Gambling den operators at village funerals want funeral to continue so they can earn on gambling (bu-ru-wa) | NEGATIVE | Other |
Sri Lanka rupee trades at 311.65/75 to the US dollar | 21-Feb-24 | Bonds & Forex | Sri Lanka’s rupee was trading at 311.65/75 to the US dollar Wednesday, dealers said. Bond yields were slightly up. | Sri Lanka rupee trades at 311.65/75 to the US dollar Sri Lanka’s rupee was trading at 311.65/75 to the US dollar Wednesday, dealers said. Bond yields were slightly up. | NEGATIVE | Other |
Sri Lanka looking to phase out sending women abroad as domestic workers over 10-year period | 21-Feb-24 | Economy | Women will instead be encouraged to seek high-paying skilled work abroad, Minister Nanayakkara said. | Sri Lanka looking to phase out sending women abroad as domestic workers over 10-year period Women will instead be encouraged to seek high-paying skilled work abroad, Minister Nanayakkara said. | NEGATIVE | Other |
Sri Lanka needs private sector in agriculture: Prez | 21-Feb-24 | Agriculture | Adoption of modern agricultural techniques crucial for agricultural sector’s advancement, and to retain youth | Sri Lanka needs private sector in agriculture: Prez Adoption of modern agricultural techniques crucial for agricultural sector’s advancement, and to retain youth | POSITIVE | Agricultural Raw Materials |
Sri Lanka micro, small, medium enterprises resilient, but recovery lags | 21-Feb-24 | Business | MSMEs show resilience between 2018 to 2023, but sector recovery levels lag behind those of 2018 | Sri Lanka micro, small, medium enterprises resilient, but recovery lags MSMEs show resilience between 2018 to 2023, but sector recovery levels lag behind those of 2018 | NEGATIVE | Other |
Sri Lanka new Casino licenses to require minimum investments | 21-Feb-24 | Business | Minimum investment requirement of 30 and 100 million dollars for new casino licenses | Sri Lanka new Casino licenses to require minimum investments Minimum investment requirement of 30 and 100 million dollars for new casino licenses | NEGATIVE | Other |
US sanction-hit Iran explores new partnerships with crisis-hit Sri Lanka | 21-Feb-24 | Economy | Sri Lanka is unable to buy Iran crude since 2012 after the US sanctions | US sanction-hit Iran explores new partnerships with crisis-hit Sri Lanka Sri Lanka is unable to buy Iran crude since 2012 after the US sanctions | NEGATIVE | Other |
Sri Lanka consults EU team on data protection action plan | 20-Feb-24 | Data Protection | Ministry of Technology meet with data protection consultants from European Union to discuss strategic plan | Sri Lanka consults EU team on data protection action plan Ministry of Technology meet with data protection consultants from European Union to discuss strategic plan | POSITIVE | Other |
Sri Lanka Central Bank pay hike questioned in parliament | 20-Feb-24 | Economy | Employees of Sri Lanka's Central Bank, which contributed to making country bankrupt, received 70 percent pay hike | Sri Lanka Central Bank pay hike questioned in parliament Employees of Sri Lanka's Central Bank, which contributed to making country bankrupt, received 70 percent pay hike | NEGATIVE | Other |
Sri Lanka rupee closes stronger at 311.90/95 to the US dollar | 20-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at 311.90/95 to the US dollar Tuesday, dealers said. Bond yields were slightly up. | Sri Lanka rupee closes stronger at 311.90/95 to the US dollar Sri Lanka’s rupee closed at 311.90/95 to the US dollar Tuesday, dealers said. Bond yields were slightly up. | NEGATIVE | Other |
Sri Lanka stocks close down, interest in capital goods | 20-Feb-24 | Stocks & Companies | Turnover was at 815 million. | Sri Lanka stocks close down, interest in capital goods Turnover was at 815 million. | NEGATIVE | Other |
Sri Lanka to seek private investor for off-shore wind plants | 20-Feb-24 | 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 | Other |
Sri Lanka to allow English as court language in selected courts | 20-Feb-24 | Business | Certain courts be allowed to conduct proceedings in English | Sri Lanka to allow English as court language in selected courts Certain courts be allowed to conduct proceedings in English | POSITIVE | Other |
Sri Lanka embarkation tax on ferry services cut: Corrected | 20-Feb-24 | Shipping | Round trip ticket on ferry service between Sri Lanka and India will be reduced from 60 dollars to 5 dollars | Sri Lanka embarkation tax on ferry services cut: Corrected Round trip ticket on ferry service between Sri Lanka and India will be reduced from 60 dollars to 5 dollars | NEGATIVE | Other |
Sri Lanka sends more workers to Israel | 20-Feb-24 | International Relations | A total of 602 have left for agricultural positions in Israel, and more will leave in the coming days | Sri Lanka sends more workers to Israel A total of 602 have left for agricultural positions in Israel, and more will leave in the coming days | NEGATIVE | Other |
Iran foreign minister in Sri Lanka to discuss expanded cooperation | 20-Feb-24 | International Relations | Minister of Foreign Affairs of the Islamic Republic of Iran, Hossein Amir Abdollahian on official visit to Sri Lanka | Iran foreign minister in Sri Lanka to discuss expanded cooperation Minister of Foreign Affairs of the Islamic Republic of Iran, Hossein Amir Abdollahian on official visit to Sri Lanka | POSITIVE | Other |
Sri Lanka rupee opens at 311.90/312.00 to the US dollar | 20-Feb-24 | Bonds & Forex | Sri Lanka’s rupee opened at 311.90/312.00 to the US dollar Tuesday, dealers said. Bond yields were steady. | Sri Lanka rupee opens at 311.90/312.00 to the US dollar Sri Lanka’s rupee opened at 311.90/312.00 to the US dollar Tuesday, dealers said. Bond yields were steady. | POSITIVE | Other |
India begins construction of 1,300 houses for Sri Lanka plantation workers | 19-Feb-24 | Construction and Real Estate | Housing project financed by the Government of India to construct 10,000 houses for plantation sector workers. | India begins construction of 1,300 houses for Sri Lanka plantation workers Housing project financed by the Government of India to construct 10,000 houses for plantation sector workers. | POSITIVE | Capital Goods |
Sri Lanka rupee closes at 312.15/25 to the US dollar | 19-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at 312.15/25 to the US dollar Monday, dealers said. Bond yields were steady. | Sri Lanka rupee closes at 312.15/25 to the US dollar Sri Lanka’s rupee closed at 312.15/25 to the US dollar Monday, dealers said. Bond yields were steady. | POSITIVE | Other |
US remains concerned over Sri Lanka's online law but encouraged by amendment process | 19-Feb-24 | Free Speech | "The digital economy is seen by everybody as a means to continue building Sri Lanka's economic future." | US remains concerned over Sri Lanka's online law but encouraged by amendment process "The digital economy is seen by everybody as a means to continue building Sri Lanka's economic future." | POSITIVE | Other |
Sri Lanka stocks close up, JKH trade pushes turnover | 19-Feb-24 | Stocks & Companies | John Keells Holdings Plc contributed 140 million to the day's turnover, and the share closed up at 190.00. | Sri Lanka stocks close up, JKH trade pushes turnover John Keells Holdings Plc contributed 140 million to the day's turnover, and the share closed up at 190.00. | NEGATIVE | Other |
Sri Lanka Pensions Dept asks unethical questions: legislator | 19-Feb-24 | Government services | Government workers to get training to equip them with essential skills for delivering efficient and empathetic service | Sri Lanka Pensions Dept asks unethical questions: legislator Government workers to get training to equip them with essential skills for delivering efficient and empathetic service | NEGATIVE | Other |
Sri Lanka opposition MPs trying to bring Sajith, Ranil together, claims AKD | 19-Feb-24 | Politics | "All on one stage, like a fancy dress parade," he said. | Sri Lanka opposition MPs trying to bring Sajith, Ranil together, claims AKD "All on one stage, like a fancy dress parade," he said. | NEGATIVE | Other |
Sri Lanka's port city to offer duty free shopping in April | 19-Feb-24 | Business | Duty free shopping will be available in Colombo soon | Sri Lanka's port city to offer duty free shopping in April Duty free shopping will be available in Colombo soon | POSITIVE | Other |
FAO Director General visits Sri Lanka tea factory, rubber institute | 19-Feb-24 | Agriculture | The United Nations Food and Agriculture Organization will focus attention on the development of crops in the island | FAO Director General visits Sri Lanka tea factory, rubber institute The United Nations Food and Agriculture Organization will focus attention on the development of crops in the island | POSITIVE | Food Products |
Japan gives Sri Lanka 40,000 tons of diesel for health services | 19-Feb-24 | Health | A fuel management information system will track distribution under direct supervision of Japanese government | Japan gives Sri Lanka 40,000 tons of diesel for health services A fuel management information system will track distribution under direct supervision of Japanese government | NEGATIVE | Other |
UN body, Asia and Pacific officials in Sri Lanka to discuss food security | 19-Feb-24 | Agriculture | Pandemic and environmental crises have hit region, with floods, droughts and tropical storms affecting agriculture | UN body, Asia and Pacific officials in Sri Lanka to discuss food security Pandemic and environmental crises have hit region, with floods, droughts and tropical storms affecting agriculture | POSITIVE | Food Products |
Roundtable discussion on education technology in Sri Lanka | 19-Feb-24 | Education | Ed-Tech towards achieving SDGs Roundtable Discussion | Roundtable discussion on education technology in Sri Lanka Ed-Tech towards achieving SDGs Roundtable Discussion | POSITIVE | Other |
Sri Lanka has not blacklisted any contractors, unlike India, Bangladesh, Nepal: report | 19-Feb-24 | Business | Sri Lanka has provisions to blacklist defaulting contractors, and publish their names in a public, online | Sri Lanka has not blacklisted any contractors, unlike India, Bangladesh, Nepal: report Sri Lanka has provisions to blacklist defaulting contractors, and publish their names in a public, online | NEGATIVE | Other |
Sri Lanka rupee opens at 312.10/45 to the US dollar | 19-Feb-24 | Bonds & Forex | Sri Lanka’s rupee opened at 312.10/45 to the US dollar Monday, dealers said. Bond yields were broadly steady. | Sri Lanka rupee opens at 312.10/45 to the US dollar Sri Lanka’s rupee opened at 312.10/45 to the US dollar Monday, dealers said. Bond yields were broadly steady. | POSITIVE | Other |
Sri Lanka should protest the 7-pct annual inflation target, not a 3-pct VAT hike | 19-Feb-24 | Bellwether | A positive inflation target denies private sector productivity gains to the poor | Sri Lanka should protest the 7-pct annual inflation target, not a 3-pct VAT hike A positive inflation target denies private sector productivity gains to the poor | NEGATIVE | Other |
Sri Lanka leisure industry to train golf caddies on course for high end tourism | 18-Feb-24 | Business | Sri Lanka only has 40 caddies for all golf courses | Sri Lanka leisure industry to train golf caddies on course for high end tourism Sri Lanka only has 40 caddies for all golf courses | POSITIVE | Other |
Sri Lanka tea prices up across elevations in February | 18-Feb-24 | Agriculture | Sri Lanka tea prices have moved up in 2024 in both rupee and US dollar terms | Sri Lanka tea prices up across elevations in February Sri Lanka tea prices have moved up in 2024 in both rupee and US dollar terms | POSITIVE | Other |
FAO Director-General Arrives in Sri Lanka for APRC37 | 18-Feb-24 | Agriculture | . | FAO Director-General Arrives in Sri Lanka for APRC37 . | NEGATIVE | Other |
Sri Lanka upfront import duties, para tariffs keep foreign investors out: ex-BOI chief | 18-Feb-24 | Economy | When you look at investment criteria the go 'go no go decision' is not made because of tax holiday | Sri Lanka upfront import duties, para tariffs keep foreign investors out: ex-BOI chief When you look at investment criteria the go 'go no go decision' is not made because of tax holiday | NEGATIVE | Other |
Sri Lanka coconut auction prices down 14-pct in 2024 | 17-Feb-24 | Agriculture | Prices are down 14 percent from the last auction in December | Sri Lanka coconut auction prices down 14-pct in 2024 Prices are down 14 percent from the last auction in December | NEGATIVE | Other |
Sri Lanka's HNB group profits up 3-pct in Dec, amid lower provisions | 17-Feb-24 | Markets | Impairment charges were down to 8.2 billion rupees from 30.1 billion rupees last year | Sri Lanka's HNB group profits up 3-pct in Dec, amid lower provisions Impairment charges were down to 8.2 billion rupees from 30.1 billion rupees last year | NEGATIVE | Other |
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