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Sri Lanka exporters confident about growth prospects: Chamber survey | 16-Feb-24 | Business | Ceylon Chamber of Commerce survey covering 2023 and forecasting 2024, exporters expressed confidence in growth prospects | Sri Lanka exporters confident about growth prospects: Chamber survey Ceylon Chamber of Commerce survey covering 2023 and forecasting 2024, exporters expressed confidence in growth prospects | POSITIVE | Other |
Sri Lanka rupee closes at 312.20/35 to the US dollar | 16-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at x to the US dollar Friday, dealers said. Bond yields were steady. | Sri Lanka rupee closes at 312.20/35 to the US dollar Sri Lanka’s rupee closed at x to the US dollar Friday, dealers said. Bond yields were steady. | POSITIVE | Other |
Gammanpila to present private bill to remove police powers from Sri Lanka's provinces | 16-Feb-24 | Politics | "Removing police powers is something the whole country is asking for." | Gammanpila to present private bill to remove police powers from Sri Lanka's provinces "Removing police powers is something the whole country is asking for." | POSITIVE | Other |
Sri Lanka Financial Intelligence Unit, Excise Dept unite to fight money laundering | 16-Feb-24 | Crime | Financial Intelligence Unit, Central Bank of Sri Lanka enters into MoU with Excise Dept | Sri Lanka Financial Intelligence Unit, Excise Dept unite to fight money laundering Financial Intelligence Unit, Central Bank of Sri Lanka enters into MoU with Excise Dept | NEGATIVE | Other |
Sri Lanka stocks close up, NDB trade pushes turnover past 1bn | 16-Feb-24 | Bonds & Forex | Turnover was at 1.3 billion. A crossing on National Development Bank Plc contributed 640mn to the day's turnover | Sri Lanka stocks close up, NDB trade pushes turnover past 1bn Turnover was at 1.3 billion. A crossing on National Development Bank Plc contributed 640mn to the day's turnover | POSITIVE | Other |
Sri Lanka consumer confidence drops to lowest levels since IMF agreement: IHP | 16-Feb-24 | Economy | "Consumer confidence has been falling for nine months since it recovered in March 2023 since the IMF agreement." | Sri Lanka consumer confidence drops to lowest levels since IMF agreement: IHP "Consumer confidence has been falling for nine months since it recovered in March 2023 since the IMF agreement." | NEGATIVE | Other |
Sri Lanka president meets Israeli minister | 16-Feb-24 | International Relations | Israel’s Minister of Transport and Road Safety, Brig Gen Miri Regev has met with President Ranil Wickremesinghe | Sri Lanka president meets Israeli minister Israel’s Minister of Transport and Road Safety, Brig Gen Miri Regev has met with President Ranil Wickremesinghe | POSITIVE | Transportation |
Sri Lanka's rubber workers get certified, coconut pluckers and toddy tappers to follow | 16-Feb-24 | Agriculture | 169 rubber workers, or those who harvest the sap, were awarded NVQ-3 certificates by NAITA | Sri Lanka's rubber workers get certified, coconut pluckers and toddy tappers to follow 169 rubber workers, or those who harvest the sap, were awarded NVQ-3 certificates by NAITA | POSITIVE | Other |
Sri Lanka anti-monopoly provisions scattered among 37-laws: Japan study | 16-Feb-24 | Economy | Japan Fair Trade Commission shares lessons | Sri Lanka anti-monopoly provisions scattered among 37-laws: Japan study Japan Fair Trade Commission shares lessons | NEGATIVE | Other |
Sri Lanka rupee opens at 312.50/60 to the US dollar | 16-Feb-24 | Bonds & Forex | Sri Lanka’s rupee opened at 312.50/60 to the US dollar Friday, dealers said. Bond yields were up. | Sri Lanka rupee opens at 312.50/60 to the US dollar Sri Lanka’s rupee opened at 312.50/60 to the US dollar Friday, dealers said. Bond yields were up. | NEGATIVE | Other |
Sri Lanka manufacturing, services expand in Jan 2024: PMI | 16-Feb-24 | Economy | Apparels see recovery, services up amid tourism | Sri Lanka manufacturing, services expand in Jan 2024: PMI Apparels see recovery, services up amid tourism | POSITIVE | Consumer Goods Industry |
Sri Lanka recovering amid global risks, IMF deal key to confidence: central bank | 15-Feb-24 | Economy | Any disruption to this programme would create high economic costs to the country | Sri Lanka recovering amid global risks, IMF deal key to confidence: central bank Any disruption to this programme would create high economic costs to the country | NEGATIVE | Other |
Global growth shifts to Asia, Sri Lanka an attractive center: JICA president | 15-Feb-24 | Economy | JICA will continue to be a partner in the country’s progress | Global growth shifts to Asia, Sri Lanka an attractive center: JICA president JICA will continue to be a partner in the country’s progress | POSITIVE | Other |
Israel and Sri Lanka sign direct flights deal | 15-Feb-24 | Aviation | Sri Lanka signs direct flight agreement to facilitate sending more workers to Israel | Israel and Sri Lanka sign direct flights deal Sri Lanka signs direct flight agreement to facilitate sending more workers to Israel | POSITIVE | Other |
Sri Lanka makes identification mandatory for Aswesuma II amidst welfare fraud | 15-Feb-24 | Economic Crisis | NIC mandatory for those applying for the second phase of its Aswesuma program due to widespread welfare fraud. | Sri Lanka makes identification mandatory for Aswesuma II amidst welfare fraud NIC mandatory for those applying for the second phase of its Aswesuma program due to widespread welfare fraud. | NEGATIVE | Other |
Sri Lanka President seeks swift resumption of Japan funded projects | 15-Feb-24 | International Relations | Discussed resuming projects on expanding the main airport, a light rail project and the central expressway | Sri Lanka President seeks swift resumption of Japan funded projects Discussed resuming projects on expanding the main airport, a light rail project and the central expressway | NEGATIVE | Transportation |
Sri Lanka rupee closes at 313.70/90 to the US dollar | 15-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at 313.70/90 to the US dollar Thursday, dealers said. Bond yields were up. | Sri Lanka rupee closes at 313.70/90 to the US dollar Sri Lanka’s rupee closed at 313.70/90 to the US dollar Thursday, dealers said. Bond yields were up. | NEGATIVE | Other |
Sri Lanka stocks close up, trades in banking shares drive turnover | 15-Feb-24 | Markets | Turnover was at 961 million. Trades in the Banks sector (283mn) added the most to the day's turnover. | Sri Lanka stocks close up, trades in banking shares drive turnover Turnover was at 961 million. Trades in the Banks sector (283mn) added the most to the day's turnover. | POSITIVE | Other |
KPMG audit of Ceylon Petroleum Storage Terminals finds data deleted, stock losses | 15-Feb-24 | Petroleum | 1.3 million entries on SAP data changed or deleted since 2010, most occurred in 2022 during fuel crisis | KPMG audit of Ceylon Petroleum Storage Terminals finds data deleted, stock losses 1.3 million entries on SAP data changed or deleted since 2010, most occurred in 2022 during fuel crisis | NEGATIVE | Other |
JKH, Teejay, CTC, Dialog and Dilmah score in transparency in corporate reporting | 15-Feb-24 | Business | John Keells, Teejay Lanka, Ceylon Tobacco, Dialog, and Dilmah tie first in Transparency International report | JKH, Teejay, CTC, Dialog and Dilmah score in transparency in corporate reporting John Keells, Teejay Lanka, Ceylon Tobacco, Dialog, and Dilmah tie first in Transparency International report | POSITIVE | Other |
Sri Lanka exporters optimistic over 2024, want political stability and energy: survey | 15-Feb-24 | Economy | Political stability and consistent energy were identified as key facilitators | Sri Lanka exporters optimistic over 2024, want political stability and energy: survey Political stability and consistent energy were identified as key facilitators | POSITIVE | Other |
India-Sri Lanka officials discuss capacity building for civil servants | 15-Feb-24 | Government services | India-Sri Lanka officials plan MoU to provide capacity building for senior and mid-level civil servants | India-Sri Lanka officials discuss capacity building for civil servants India-Sri Lanka officials plan MoU to provide capacity building for senior and mid-level civil servants | POSITIVE | Other |
Sri Lanka restructuring unit extends Litro Gas bid deadline | 15-Feb-24 | Energy | Bid deadline extended from February 16 to March 1. | Sri Lanka restructuring unit extends Litro Gas bid deadline Bid deadline extended from February 16 to March 1. | NEGATIVE | Other |
ADB US$8mn to develop smart agriculture in Sri Lanka Mahaweli | 15-Feb-24 | Agriculture | Younger people in Mahaweli zones have shown a high tendency to engage in agricultural activities with smart technology | ADB US$8mn to develop smart agriculture in Sri Lanka Mahaweli Younger people in Mahaweli zones have shown a high tendency to engage in agricultural activities with smart technology | POSITIVE | Agricultural Raw Materials |
Sri Lanka state minister to arm farmers with air rifles for monkey war | 15-Feb-24 | Agriculture | . | Sri Lanka state minister to arm farmers with air rifles for monkey war . | NEGATIVE | Other |
Sri Lanka’s Abans hopes to raise 2bn through debenture sale | 15-Feb-24 | Stocks & Companies | Abans Plc, a consumer goods retailer, is planning to raise up to 2 billion rupees through debenture sale | Sri Lanka’s Abans hopes to raise 2bn through debenture sale Abans Plc, a consumer goods retailer, is planning to raise up to 2 billion rupees through debenture sale | NEGATIVE | Consumer Goods Industry |
Sri Lanka rupee opens at 313.00/30 to the US dollar | 15-Feb-24 | Bonds & Forex | Sri Lanka’s rupee opened at 313.00/30 to the US dollar Thursday, dealers said. Bond yields were down. | Sri Lanka rupee opens at 313.00/30 to the US dollar Sri Lanka’s rupee opened at 313.00/30 to the US dollar Thursday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka can boost passport strength, draw investors: consultancy | 14-Feb-24 | Investment | Sri Lanka needs to sign more visa free agreements, have citizenship and residency programs to strengthen passport. | Sri Lanka can boost passport strength, draw investors: consultancy Sri Lanka needs to sign more visa free agreements, have citizenship and residency programs to strengthen passport. | POSITIVE | Other |
Sri Lanka Treasuries yields fall across maturities | 14-Feb-24 | Bonds & Forex | Three month rates fall 117 basis points | Sri Lanka Treasuries yields fall across maturities Three month rates fall 117 basis points | NEGATIVE | Other |
Sri Lanka parliament panel questions gaming regulator delay | 14-Feb-24 | Fiscal | Harsha de Silva re-appointed as COPF chair | Sri Lanka parliament panel questions gaming regulator delay Harsha de Silva re-appointed as COPF chair | NEGATIVE | Other |
After Nas Daily success, Sri Lanka tourism focuses more on influencer marketing | 14-Feb-24 | Tourism | Nas Daily's videos have reached more than 25 million people in two months | After Nas Daily success, Sri Lanka tourism focuses more on influencer marketing Nas Daily's videos have reached more than 25 million people in two months | NEGATIVE | Other |
Sri Lanka house builders should look for the sun: SEA officials | 14-Feb-24 | Construction and Real Estate | When building, constructors should consider a place to install solar panels in a new house | Sri Lanka house builders should look for the sun: SEA officials When building, constructors should consider a place to install solar panels in a new house | NEGATIVE | Other |
Sri Lanka food products showcased at International Green Week in Berlin | 14-Feb-24 | Trade | Exporters specializing in tea, coconut and coconut-based products, spices, fruit and fruit-related items represented | Sri Lanka food products showcased at International Green Week in Berlin Exporters specializing in tea, coconut and coconut-based products, spices, fruit and fruit-related items represented | POSITIVE | Food Products |
Sri Lanka rupee closes at 313.00/10 to the US dollar | 14-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at 313.00/10 to the US dollar Wednesday, dealers said. Bond yields were down. | Sri Lanka rupee closes at 313.00/10 to the US dollar Sri Lanka’s rupee closed at 313.00/10 to the US dollar Wednesday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka stocks close down, low investor interest | 14-Feb-24 | Markets | Turnover was lower than yesterday at 695 million. | Sri Lanka stocks close down, low investor interest Turnover was lower than yesterday at 695 million. | NEGATIVE | Other |
Sri Lankan officials in India to explore collaboration | 14-Feb-24 | International Relations | The delegation will meet key Indian officials to explore avenues for further collaboration | Sri Lankan officials in India to explore collaboration The delegation will meet key Indian officials to explore avenues for further collaboration | POSITIVE | Other |
Germany eyes better economic partnerships with India | 14-Feb-24 | Trade | India is attracting the attention of industrialised nations looking to increase trade relations | Germany eyes better economic partnerships with India India is attracting the attention of industrialised nations looking to increase trade relations | POSITIVE | Capital Goods |
Sri Lanka needs new education system for economic transformation: Pres | 14-Feb-24 | Education | Our focus should be on nurturing professionals who can thrive in the global arena | Sri Lanka needs new education system for economic transformation: Pres Our focus should be on nurturing professionals who can thrive in the global arena | NEGATIVE | Other |
Sri Lanka to entertain fresh applicants for Aswesuma subsidy scheme from Feb 15 | 14-Feb-24 | Economy | The budget has allocated 205 billion rupees for welfare payments in 2024 | Sri Lanka to entertain fresh applicants for Aswesuma subsidy scheme from Feb 15 The budget has allocated 205 billion rupees for welfare payments in 2024 | POSITIVE | Other |
Sri Lanka's China-backed Hambantota Port eyes container transshipment | 14-Feb-24 | Logistics | In 2024 we will be looking at container transshipment for which the port is now ready | Sri Lanka's China-backed Hambantota Port eyes container transshipment In 2024 we will be looking at container transshipment for which the port is now ready | POSITIVE | Other |
Sri Lanka asks for JICA support in CEB reform, renewable energy | 14-Feb-24 | Energy | Requested continued assistance with reforms, energy efficiency programs, infrastructure development and renewable energy | Sri Lanka asks for JICA support in CEB reform, renewable energy Requested continued assistance with reforms, energy efficiency programs, infrastructure development and renewable energy | NEGATIVE | Capital Goods |
Sri Lanka main opposition stalwarts waiting to support president, rival parties claim | 14-Feb-24 | Politics | "The opposition must understand at least now that unity within the opposition is essential," said Perera. | Sri Lanka main opposition stalwarts waiting to support president, rival parties claim "The opposition must understand at least now that unity within the opposition is essential," said Perera. | NEGATIVE | Other |
Sri Lanka rupee trades at 313.20/30 to the US dollar | 14-Feb-24 | Bonds & Forex | Sri Lanka’s rupee was trading at 313.20/30 to the US dollar Wednesday, dealers said. Bond yields were down. | Sri Lanka rupee trades at 313.20/30 to the US dollar Sri Lanka’s rupee was trading at 313.20/30 to the US dollar Wednesday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka anticipates profitable, self-sustaining postal service by end 2024 | 14-Feb-24 | Economy | "The department will operate as a self-sustaining, profit-making institution independent of treasury funds," he said. | Sri Lanka anticipates profitable, self-sustaining postal service by end 2024 "The department will operate as a self-sustaining, profit-making institution independent of treasury funds," he said. | POSITIVE | Other |
Sri Lanka's broadcast authority bill to be presented to parliament soon | 14-Feb-24 | Free Speech | The state minister insisted that there would be "no hindrance to the media in this regard". | Sri Lanka's broadcast authority bill to be presented to parliament soon The state minister insisted that there would be "no hindrance to the media in this regard". | NEGATIVE | Other |
Sri Lanka needs to switch from investing in non-tradable to tradable goods fast: MP | 14-Feb-24 | Economy | Our outlook on production should speedily switch to tradable goods or else face the consequences | Sri Lanka needs to switch from investing in non-tradable to tradable goods fast: MP Our outlook on production should speedily switch to tradable goods or else face the consequences | NEGATIVE | Other |
Sri Lanka IPS calls proposals for Saman Kelegama research grant | 14-Feb-24 | Education | Sri Lanka's Institute of Policy Studies said it is calling proposals for the annual Saman Kelegama Resarch grant. | Sri Lanka IPS calls proposals for Saman Kelegama research grant Sri Lanka's Institute of Policy Studies said it is calling proposals for the annual Saman Kelegama Resarch grant. | NEGATIVE | Other |
Sri Lanka committed to reconciliation through domestic institutions: Minister | 13-Feb-24 | Human Rights | Sri Lanka is committed to pursuing progress on reconciliation and human rights through domestic institutions | Sri Lanka committed to reconciliation through domestic institutions: Minister Sri Lanka is committed to pursuing progress on reconciliation and human rights through domestic institutions | POSITIVE | Other |
Sri Lanka rupee closes at 313.10/30 to the US dollar | 13-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at 313.10/30 to the US dollar Tuesday, dealers said. Bond yields were down. | Sri Lanka rupee closes at 313.10/30 to the US dollar Sri Lanka’s rupee closed at 313.10/30 to the US dollar Tuesday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka stocks close down, capital goods and bank sectors drive turnover | 13-Feb-24 | Stocks & Companies | Shares of John Keells Holdings Plc saw high turnover (176mn) and the share closed up at 188.00. | Sri Lanka stocks close down, capital goods and bank sectors drive turnover Shares of John Keells Holdings Plc saw high turnover (176mn) and the share closed up at 188.00. | NEGATIVE | Other |
Sri Lanka's prison inmates officially join labour workforce | 13-Feb-24 | Employment | Entrepreneurs and industrialists are invited to set up industries in the prison premises, | Sri Lanka's prison inmates officially join labour workforce Entrepreneurs and industrialists are invited to set up industries in the prison premises, | POSITIVE | Capital Goods |
Sri Lanka land prices will come down in the future: Minister | 13-Feb-24 | Construction and Real Estate | Land prices in Sri Lanka will come down due to gifting deeds and long-term leasing of lands to investors | Sri Lanka land prices will come down in the future: Minister Land prices in Sri Lanka will come down due to gifting deeds and long-term leasing of lands to investors | NEGATIVE | Other |
Forex housing loan scheme for Sri Lanka's migrant workers | 13-Feb-24 | Migrant workers | Loan repayments to be made in foreign exchange while worker is employed overseas | Forex housing loan scheme for Sri Lanka's migrant workers Loan repayments to be made in foreign exchange while worker is employed overseas | NEGATIVE | Other |
Sri Lanka to begin pilot project with Microsoft to teach AI in schools | 13-Feb-24 | Education | A pilot project with support from Microsoft set to begin from grade 8 upwards. | Sri Lanka to begin pilot project with Microsoft to teach AI in schools A pilot project with support from Microsoft set to begin from grade 8 upwards. | POSITIVE | Other |
Sri Lanka cabinet nod for draft amendment bill for Online Safety Act | 13-Feb-24 | Free Speech | The legal draftsman has been directed to put together the draft amendment bill in this light, a statement said. | Sri Lanka cabinet nod for draft amendment bill for Online Safety Act The legal draftsman has been directed to put together the draft amendment bill in this light, a statement said. | NEGATIVE | Other |
Sri Lanka to lease plantation lands to export-related businesses | 13-Feb-24 | Agriculture | Lands held by the State will be provided on a long-term lease to businesses with a focus on export activities | Sri Lanka to lease plantation lands to export-related businesses Lands held by the State will be provided on a long-term lease to businesses with a focus on export activities | POSITIVE | Other |
Sri Lanka rupee trades at 313.75/314.00 to the US dollar | 13-Feb-24 | Bonds & Forex | Sri Lanka’s rupee trades at 313.75/314.00 to the US dollar Tuesday, dealers said. Bond yields were down. | Sri Lanka rupee trades at 313.75/314.00 to the US dollar Sri Lanka’s rupee trades at 313.75/314.00 to the US dollar Tuesday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka Freedom Party to support abolishing presidency; SJB cries foul | 13-Feb-24 | Politics | "If there is such a referendum, we the SLFP will raise not one hand but both in support," he said. | Sri Lanka Freedom Party to support abolishing presidency; SJB cries foul "If there is such a referendum, we the SLFP will raise not one hand but both in support," he said. | NEGATIVE | Other |
Colombo-bound SriLankan flight delayed after taking off in Melbourne over technical fault | 12-Feb-24 | Aviation | SriLankan has faced many delays in the recent past owning to technical issues | Colombo-bound SriLankan flight delayed after taking off in Melbourne over technical fault SriLankan has faced many delays in the recent past owning to technical issues | NEGATIVE | Other |
Sri Lanka launches UPI to facilitate payments by growing Indian tourists, boost formal transactions | 12-Feb-24 | Economy | Indians account for one fifth of the total tourists to Sri Lanka and topped the arrivals | Sri Lanka launches UPI to facilitate payments by growing Indian tourists, boost formal transactions Indians account for one fifth of the total tourists to Sri Lanka and topped the arrivals | POSITIVE | Other |
Two new members appointed to Central Bank governing board | 12-Feb-24 | Economy | Rajeev Amarasuriya and Manil Jayesinghe appointed to Central Bank of Sri Lanka governing board | Two new members appointed to Central Bank governing board Rajeev Amarasuriya and Manil Jayesinghe appointed to Central Bank of Sri Lanka governing board | POSITIVE | Other |
Sri Lanka chamber Outlook Report sees recovery in 2024 | 12-Feb-24 | Economy | Anticipated rebound depends on effective debt restructuring and the implementation of key structural reforms | Sri Lanka chamber Outlook Report sees recovery in 2024 Anticipated rebound depends on effective debt restructuring and the implementation of key structural reforms | POSITIVE | Other |
Sri Lanka rupee closes at 313.45/75 to the US dollar | 12-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at 313.45/75 to the US dollar Monday, dealers said. Bond yields were down. | Sri Lanka rupee closes at 313.45/75 to the US dollar Sri Lanka’s rupee closed at 313.45/75 to the US dollar Monday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka stocks close up, turnover remains low | 12-Feb-24 | Stocks & Companies | After the amalgamation with Singer Industries and Regnis, Singer issued 40,731,422 ordinary voting shares | Sri Lanka stocks close up, turnover remains low After the amalgamation with Singer Industries and Regnis, Singer issued 40,731,422 ordinary voting shares | NEGATIVE | Other |
Sri Lanka needs to diversify markets to address food insecurity: US ambassador | 12-Feb-24 | Agriculture | Discussed US support to address Sri Lanka’s food security challenges | Sri Lanka needs to diversify markets to address food insecurity: US ambassador Discussed US support to address Sri Lanka’s food security challenges | POSITIVE | Food Products |
Sri Lanka interim mechanism discusses reconciliation bill | 12-Feb-24 | People | Interim Secretariat for Truth and Reconciliation discusses Commission for Truth, Unity, and Reconciliation draft bill | Sri Lanka interim mechanism discusses reconciliation bill Interim Secretariat for Truth and Reconciliation discusses Commission for Truth, Unity, and Reconciliation draft bill | POSITIVE | Other |
Wickremesinghe looking to abolish Sri Lanka's executive presidency: Sirisena | 12-Feb-24 | Politics | "President Wickremesinghe is speedily working towards constitutional reform," said Sirisena. | Wickremesinghe looking to abolish Sri Lanka's executive presidency: Sirisena "President Wickremesinghe is speedily working towards constitutional reform," said Sirisena. | POSITIVE | Other |
India visit doesn't mean change of stance on Sri Lanka Telecom, Amul: AKD | 12-Feb-24 | Politics | "We're small people, but no powerful nation or corporation can buy us." | India visit doesn't mean change of stance on Sri Lanka Telecom, Amul: AKD "We're small people, but no powerful nation or corporation can buy us." | NEGATIVE | Other |
Sri Lanka extends deadline for SriLankan Airlines bids | 12-Feb-24 | Economy | The deadline to submit Requests for Qualification for SriLankan Airlines has been extended further | Sri Lanka extends deadline for SriLankan Airlines bids The deadline to submit Requests for Qualification for SriLankan Airlines has been extended further | NEGATIVE | Transportation |
Sri Lanka Police deny arrest under online safety law | 12-Feb-24 | Legal | Sri Lanka has not arrested anyone under the recently passed online safety law, Police spokesman DIG Nihal Thalduwa said | Sri Lanka Police deny arrest under online safety law Sri Lanka has not arrested anyone under the recently passed online safety law, Police spokesman DIG Nihal Thalduwa said | NEGATIVE | Other |
SJB govt will remove 18 pct VAT on fertiliser, other agriculture inputs: SJB | 12-Feb-24 | Agriculture | "An SJB government will definitely introduce a new price formula that's fair by both the farmer and the consumer." | SJB govt will remove 18 pct VAT on fertiliser, other agriculture inputs: SJB "An SJB government will definitely introduce a new price formula that's fair by both the farmer and the consumer." | POSITIVE | Agricultural Raw Materials |
Iran keen to share technology and science knowledge with Sri Lanka: Ambassador | 12-Feb-24 | International Relations | Iran's ambassador said that Iran hopes to share technology and science knowledge with Sri Lanka. | Iran keen to share technology and science knowledge with Sri Lanka: Ambassador Iran's ambassador said that Iran hopes to share technology and science knowledge with Sri Lanka. | POSITIVE | Other |
Sri Lanka rupee opens at 312.80/313.10 to the US dollar | 12-Feb-24 | Markets | Sri Lanka’s rupee opened at 312.80/313.10 to the US dollar Monday, dealers said. Bond yields were down. | Sri Lanka rupee opens at 312.80/313.10 to the US dollar Sri Lanka’s rupee opened at 312.80/313.10 to the US dollar Monday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka to introduce India’s digital payment system UPI amid tax evasions | 12-Feb-24 | Economy | Sri Lanka has been struggling to boost its tax revenue after an unprecedented economic crisis | Sri Lanka to introduce India’s digital payment system UPI amid tax evasions Sri Lanka has been struggling to boost its tax revenue after an unprecedented economic crisis | NEGATIVE | Other |
Sri Lanka takes steps to establish Indian IT University branch in Kandy | 11-Feb-24 | Education | Sri Lanka has been aiming to digitalize economy to curb corruption | Sri Lanka takes steps to establish Indian IT University branch in Kandy Sri Lanka has been aiming to digitalize economy to curb corruption | POSITIVE | Other |
Sri Lanka coconut auction prices edge up 1.6-pct at auction | 11-Feb-24 | Uncategorized | Coconut prices have been on a falling trend in 2024 | Sri Lanka coconut auction prices edge up 1.6-pct at auction Coconut prices have been on a falling trend in 2024 | NEGATIVE | Other |
Sri Lanka's monthly tourism revenue hits highest since February 2020 | 10-Feb-24 | Uncategorized | Sri Lanka tourism is recovering from zero after COVID-19 and violence following an economic crisis | Sri Lanka's monthly tourism revenue hits highest since February 2020 Sri Lanka tourism is recovering from zero after COVID-19 and violence following an economic crisis | NEGATIVE | Other |
Land deeds for plantation families too: Minister | 10-Feb-24 | Construction and Real Estate | After Urumaya, Estate Infrastructure Minister pushes for land rights of estate people | Land deeds for plantation families too: Minister After Urumaya, Estate Infrastructure Minister pushes for land rights of estate people | POSITIVE | Capital Goods |
Growth in Sri Lanka’s official remittances slows to 16-month low | 10-Feb-24 | Economy | Remittance is Sri Lanka's top foreign exchange earner | Growth in Sri Lanka’s official remittances slows to 16-month low Remittance is Sri Lanka's top foreign exchange earner | NEGATIVE | Other |
Sri Lanka’s fuel distributors owe more penalties than demurrages: Minister | 9-Feb-24 | Energy | Sri Lanka had to pay large amount of demurrage in 2022 when it could not make fuel shipments timely | Sri Lanka’s fuel distributors owe more penalties than demurrages: Minister Sri Lanka had to pay large amount of demurrage in 2022 when it could not make fuel shipments timely | NEGATIVE | Other |
Sri Lanka rupee closes at 313.00/10 to the US dollar | 9-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at 313.00/10 to the US dollar Friday, dealers said. Bond yields were down. | Sri Lanka rupee closes at 313.00/10 to the US dollar Sri Lanka’s rupee closed at 313.00/10 to the US dollar Friday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka stocks close up, JKH pushes turnover | 9-Feb-24 | Stocks & Companies | Turnover was at 792 million. John Keells Holdings Plc saw large volumes traded (182mn), and the share closed up at 185.7 | Sri Lanka stocks close up, JKH pushes turnover Turnover was at 792 million. John Keells Holdings Plc saw large volumes traded (182mn), and the share closed up at 185.7 | NEGATIVE | Other |
Sections of Sri Lanka's Online Safety Act appear non-compliant with court order: HRCSL | 9-Feb-24 | Free Speech | "Full compliance with the Court's Determination on a Bill is crucial to guaranteeing the fundamental rights." | Sections of Sri Lanka's Online Safety Act appear non-compliant with court order: HRCSL "Full compliance with the Court's Determination on a Bill is crucial to guaranteeing the fundamental rights." | NEGATIVE | Other |
Sri Lanka, Perth WA officials discuss direct aviation links | 9-Feb-24 | Trade | Talks to bolster bilateral relations further, interest in renewable energy, agriculture and direct aviation links | Sri Lanka, Perth WA officials discuss direct aviation links Talks to bolster bilateral relations further, interest in renewable energy, agriculture and direct aviation links | POSITIVE | Transportation |
Sri Lanka earns USD 3 Mn in fuel sales to vessels through bunkering system: official | 9-Feb-24 | Economy | This signifies a significant step forward in stabilising the country’s energy finances, the official said. | Sri Lanka earns USD 3 Mn in fuel sales to vessels through bunkering system: official This signifies a significant step forward in stabilising the country’s energy finances, the official said. | POSITIVE | Other |
Sri Lanka’s copyright laws need to be updated for artificial intelligence: Lawyers | 9-Feb-24 | ICT | Sri Lanka’s Intellectual Property Act needs revisions to recognize creations by artificial intelligence | Sri Lanka’s copyright laws need to be updated for artificial intelligence: Lawyers Sri Lanka’s Intellectual Property Act needs revisions to recognize creations by artificial intelligence | NEGATIVE | Other |
Sri Lanka in talks with India to establish multi product oil pipeline | 9-Feb-24 | Energy | Sri Lanka, India discuss multi product oil pipeline connecting Nagapattnam, Trincomalee Tank Farm, Colombo | Sri Lanka in talks with India to establish multi product oil pipeline Sri Lanka, India discuss multi product oil pipeline connecting Nagapattnam, Trincomalee Tank Farm, Colombo | POSITIVE | Other |
Sri Lanka rupee opens stable at 313.00/50 to the US dollar | 9-Feb-24 | Bonds & Forex | Sri Lanka’s rupee opened steady at 313.00/50 to the US dollar Friday, dealers said. Bond yields were down. | Sri Lanka rupee opens stable at 313.00/50 to the US dollar Sri Lanka’s rupee opened steady at 313.00/50 to the US dollar Friday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka's central bank collects US$1.8bn from fx markets in 2023 | 9-Feb-24 | Economy | Amid monetary stability provided by deflationary policy, the economy has started to recover and interest rates to fall | Sri Lanka's central bank collects US$1.8bn from fx markets in 2023 Amid monetary stability provided by deflationary policy, the economy has started to recover and interest rates to fall | NEGATIVE | Other |
Sri Lanka minister hopes to reduce fuel prices after March with boosted energy security | 8-Feb-24 | Energy | The CPC has been planning to implement a daily automated price revising system from this year | Sri Lanka minister hopes to reduce fuel prices after March with boosted energy security The CPC has been planning to implement a daily automated price revising system from this year | NEGATIVE | Other |
Regnis and Singer Industries merge with Singer Sri Lanka | 8-Feb-24 | Merger & Acquisition | Regnis (Lanka) Plc and Singer Industries (Ceylon) Plc have merged with Singer (Sri Lanka) Plc | Regnis and Singer Industries merge with Singer Sri Lanka Regnis (Lanka) Plc and Singer Industries (Ceylon) Plc have merged with Singer (Sri Lanka) Plc | NEGATIVE | Other |
Sri Lanka’s Asia Asset Finance rated 'A+(lka)' with a stable outlook: Fitch | 8-Feb-24 | Business | Fitch Ratings said it has assigned a First-Time Rating of 'A+(lka)' Outlook Stable to Asia Asset Finance. | Sri Lanka’s Asia Asset Finance rated 'A+(lka)' with a stable outlook: Fitch Fitch Ratings said it has assigned a First-Time Rating of 'A+(lka)' Outlook Stable to Asia Asset Finance. | POSITIVE | Other |
Sri Lanka rupee closes at 313.00/50 to the US dollar | 8-Feb-24 | Bonds & Forex | Sri Lanka’s rupee closed at 313.00/50 to the US dollar Thursday, dealers said. Bond yields were down. | Sri Lanka rupee closes at 313.00/50 to the US dollar Sri Lanka’s rupee closed at 313.00/50 to the US dollar Thursday, dealers said. Bond yields were down. | NEGATIVE | Other |
Sri Lanka stocks close up, turnover tops 1bn | 8-Feb-24 | Stocks & Companies | Turnover topped 1 billion. Diversified financials sector, which includes primary dealers, attracts investor interest. | Sri Lanka stocks close up, turnover tops 1bn Turnover topped 1 billion. Diversified financials sector, which includes primary dealers, attracts investor interest. | POSITIVE | Other |
HWIC Asia Fund increases holding in Sri Lanka's JKH from 8.6 to 13-pct | 8-Feb-24 | Merger & Acquisition | HWIC Asia Fund, a private equity fund, has increased its holdings in John Keells Holdings from 8. percent to 13 percent. | HWIC Asia Fund increases holding in Sri Lanka's JKH from 8.6 to 13-pct HWIC Asia Fund, a private equity fund, has increased its holdings in John Keells Holdings from 8. percent to 13 percent. | POSITIVE | Other |
Sri Lanka to repurpose 5,000 acres of Cement Corporation land | 8-Feb-24 | Construction and Real Estate | Sri Lanka Cement Corporation, with 5,000 acres of land rich in mineral resources, is on the verge of being restructured | Sri Lanka to repurpose 5,000 acres of Cement Corporation land Sri Lanka Cement Corporation, with 5,000 acres of land rich in mineral resources, is on the verge of being restructured | NEGATIVE | Other |
Sri Lanka CEB signs power purchase agreement with Rividhanavi | 8-Feb-24 | Energy | CEB has signed a power purchase agreement with Rividhanavi (Pvt) Ltd for a 100 MW ground mount solar project | Sri Lanka CEB signs power purchase agreement with Rividhanavi CEB has signed a power purchase agreement with Rividhanavi (Pvt) Ltd for a 100 MW ground mount solar project | POSITIVE | Other |
Sri Lanka govt expediting development projects targeting election: PAFFREL | 8-Feb-24 | Politics | "The government is prioritising elections that it has a higher probability of winning over other elections." | Sri Lanka govt expediting development projects targeting election: PAFFREL "The government is prioritising elections that it has a higher probability of winning over other elections." | NEGATIVE | Other |
Five Indian firms among six prequalified for Sri Lanka's Canwill Holdings RFP | 7-Feb-24 | Economic Crisis | The SOERU called for expressions of interest in October last year | Five Indian firms among six prequalified for Sri Lanka's Canwill Holdings RFP The SOERU called for expressions of interest in October last year | NEGATIVE | Other |
Sri Lanka coconut prices edge up 1.9-pct to around Rs. 69 at auction | 7-Feb-24 | Commodities | Retail price was between ]95-105 rupees for a large nut and 80-92 rupees for a smaller one | Sri Lanka coconut prices edge up 1.9-pct to around Rs. 69 at auction Retail price was between ]95-105 rupees for a large nut and 80-92 rupees for a smaller one | NEGATIVE | Other |
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