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Sri Lanka services exports rise to US$3.0bn in 2023: EDB
30-Jan-24
Economy
Goods and services exports were valued at US$14.9bn up 0.39-pct
Sri Lanka services exports rise to US$3.0bn in 2023: EDB Goods and services exports were valued at US$14.9bn up 0.39-pct
NEGATIVE
Other
Sri Lanka rupee opens at 317.50/70 to the US dollar
30-Jan-24
Bonds & Forex
Sri Lanka’s rupee strengthened at 317.50/70 to the US dollar on Tuesday, dealers said. Bond yields were broadly steady
Sri Lanka rupee opens at 317.50/70 to the US dollar Sri Lanka’s rupee strengthened at 317.50/70 to the US dollar on Tuesday, dealers said. Bond yields were broadly steady
POSITIVE
Other
Sri Lanka's trade barriers, denied economic freedoms seen driving corruption
30-Jan-24
Economy
Regulatory barriers are sources of fuel for corruption
Sri Lanka's trade barriers, denied economic freedoms seen driving corruption Regulatory barriers are sources of fuel for corruption
NEGATIVE
Other
Sri Lanka not barred from transparent investment incentives by IMF deal: ex-BOI chief
29-Jan-24
Economy
Today, under the SDP Act, if I don't like A versus B, you can give more incentives to A and not B
Sri Lanka not barred from transparent investment incentives by IMF deal: ex-BOI chief Today, under the SDP Act, if I don't like A versus B, you can give more incentives to A and not B
NEGATIVE
Other
Sri Lanka rupee closes at 317.75/90 to the US dollar
29-Jan-24
Bonds & Forex
Sri Lanka’s rupee closed at 317.75/90 to the US dollar on Monday, dealers said. Bond yields were broadly stable.
Sri Lanka rupee closes at 317.75/90 to the US dollar Sri Lanka’s rupee closed at 317.75/90 to the US dollar on Monday, dealers said. Bond yields were broadly stable.
POSITIVE
Other
Sri Lanka former presidents CBK, Sirisena to back incumbent, claims AKD
29-Jan-24
Politics
"Everyone on TV is talking about one thing: the NPP."
Sri Lanka former presidents CBK, Sirisena to back incumbent, claims AKD "Everyone on TV is talking about one thing: the NPP."
NEGATIVE
Other
Sri Lanka's NPP on 39 pct of all adults, ahead of SJB, SLPP in December: poll
29-Jan-24
Politics
Support for the SJB was at 27 percent in December while support for the SLPP was at 10 percent that month.
Sri Lanka's NPP on 39 pct of all adults, ahead of SJB, SLPP in December: poll Support for the SJB was at 27 percent in December while support for the SLPP was at 10 percent that month.
NEGATIVE
Other
Sri Lanka stocks close down, Dialog sees some interest
29-Jan-24
Markets
The Colombo Stock Exchange closed down again on Monday
Sri Lanka stocks close down, Dialog sees some interest The Colombo Stock Exchange closed down again on Monday
NEGATIVE
Other
Sri Lanka exports down 9.54-pct in 2023, rupee appreciates
29-Jan-24
Economy
Rupee appreciates from 362
Sri Lanka exports down 9.54-pct in 2023, rupee appreciates Rupee appreciates from 362
POSITIVE
Other
No more indirect taxes on the cards in Sri Lanka: state minister
29-Jan-24
Fiscal
"If anyone says prices are increasing once again due to indirect taxes, I don't see any truth in that," he said.
No more indirect taxes on the cards in Sri Lanka: state minister "If anyone says prices are increasing once again due to indirect taxes, I don't see any truth in that," he said.
NEGATIVE
Other
Sri Lanka delegation in China discuss investment opportunities, export of water
29-Jan-24
Trade
Investment opportunities, export of water and spices, opening of Chinese factories discussed.
Sri Lanka delegation in China discuss investment opportunities, export of water Investment opportunities, export of water and spices, opening of Chinese factories discussed.
POSITIVE
Other
British ship HMS Spey arrives in Sri Lanka
29-Jan-24
Defence
HMS Spey, a 90.5m long Offshore Patrol Vessel (OPV) manned by a crew of 56, arrived at the port of Colombo
British ship HMS Spey arrives in Sri Lanka HMS Spey, a 90.5m long Offshore Patrol Vessel (OPV) manned by a crew of 56, arrived at the port of Colombo
NEGATIVE
Other
Lohan Ratwatte appointed Minister of Plantation, Mahaweli
29-Jan-24
Agriculture
Lohan Ratwatte has been appointed as Sri Lanka' State Minister of Plantation Industries and Mahaweli Development.
Lohan Ratwatte appointed Minister of Plantation, Mahaweli Lohan Ratwatte has been appointed as Sri Lanka' State Minister of Plantation Industries and Mahaweli Development.
POSITIVE
Other
Thai PM to witness signing of FTA with Sri Lanka
29-Jan-24
Trade
Thai delegation visiting Sri Lanka to sign FTA, and other agreements
Thai PM to witness signing of FTA with Sri Lanka Thai delegation visiting Sri Lanka to sign FTA, and other agreements
POSITIVE
Other
Sri Lanka rupee opens at 317.50/90 to the US dollar
29-Jan-24
Bonds & Forex
Sri Lanka’s rupee opened at 317.50/90 to the US dollar on Monday, dealers said. Bond yields were broadly stable.
Sri Lanka rupee opens at 317.50/90 to the US dollar Sri Lanka’s rupee opened at 317.50/90 to the US dollar on Monday, dealers said. Bond yields were broadly stable.
POSITIVE
Other
Sri Lanka budget tax revenues up 56-pct, deficit up on interest in Nov 23
29-Jan-24
Economy
Interest costs which were Rs1,772bn up to October surged to Rs2,351bn by November 2023
Sri Lanka budget tax revenues up 56-pct, deficit up on interest in Nov 23 Interest costs which were Rs1,772bn up to October surged to Rs2,351bn by November 2023
NEGATIVE
Other
Sri Lanka's Uma Oya hydro plant first 60MW phase in operation
28-Jan-24
Energy
First unit turbine of 60MW of the 120MW Uma Oya Hydro project was synchronized and connected to the National Grid
Sri Lanka's Uma Oya hydro plant first 60MW phase in operation First unit turbine of 60MW of the 120MW Uma Oya Hydro project was synchronized and connected to the National Grid
POSITIVE
Other
Introducing a Blue Curriculum Across BIMSTEC
28-Jan-24
Environment
When the farmer burns chaff in Indian Punjab,’ there’s fog in Katmandu
Introducing a Blue Curriculum Across BIMSTEC When the farmer burns chaff in Indian Punjab,’ there’s fog in Katmandu
POSITIVE
Other
Sri Lanka defence sector to join tourism initiatives
27-Jan-24
Defence
All hands on deck approach
Sri Lanka defence sector to join tourism initiatives All hands on deck approach
POSITIVE
Other
Sri Lanka eyes 3,007MW of floating solar power
27-Jan-24
Energy
A 120MW hydro power station on Uma Oya will start producing on February 15
Sri Lanka eyes 3,007MW of floating solar power A 120MW hydro power station on Uma Oya will start producing on February 15
POSITIVE
Other
Sri Lanka Police to take street children into custody
26-Jan-24
Law and Order
Sri Lanka Police will continue to take street children into State custody, eventually place them with guardians
Sri Lanka Police to take street children into custody Sri Lanka Police will continue to take street children into State custody, eventually place them with guardians
POSITIVE
Other
Sri Lanka rupee closes at 317.50/80 to the US dollar
26-Jan-24
Bonds & Forex
Sri Lanka’s rupee closed at 317.50/80 to the US dollar on Friday, dealers said. Bond yields were steady.
Sri Lanka rupee closes at 317.50/80 to the US dollar Sri Lanka’s rupee closed at 317.50/80 to the US dollar on Friday, dealers said. Bond yields were steady.
POSITIVE
Other
Sri Lanka stocks close up, net outflow continues
26-Jan-24
Stocks & Companies
Turnover was at 798 million. Trading in John Keells Holdings Plc contributing the most (200mn)
Sri Lanka stocks close up, net outflow continues Turnover was at 798 million. Trading in John Keells Holdings Plc contributing the most (200mn)
POSITIVE
Other
Sri Lanka President prorogues parliament till Feb 07
26-Jan-24
Political News
Prorogued with effect from midnight Jan 26
Sri Lanka President prorogues parliament till Feb 07 Prorogued with effect from midnight Jan 26
POSITIVE
Other
Sri Lanka President invites party leaders for 'collective dialogue' with IMF
26-Jan-24
Economic Crisis
Speak now or forever hold your peace
Sri Lanka President invites party leaders for 'collective dialogue' with IMF Speak now or forever hold your peace
POSITIVE
Other
Sri Lanka should export chocolates: President
26-Jan-24
Agriculture
Sri Lankan chocolates could become "a world-class product", as there were limitations for expansion within the country,
Sri Lanka should export chocolates: President Sri Lankan chocolates could become "a world-class product", as there were limitations for expansion within the country,
POSITIVE
Other
Sri Lanka's Regnis and Singer Industries shares cease trading
26-Jan-24
Merger & Acquisition
The two companies will merge with parent company Singer (Sri Lanka) Plc.
Sri Lanka's Regnis and Singer Industries shares cease trading The two companies will merge with parent company Singer (Sri Lanka) Plc.
NEGATIVE
Other
Sri Lanka's ACE Embilipitiya, ACE Matara power contracts to expire in Feb 24
26-Jan-24
Energy
Uma Oya and the open cycle part of a combined cycle to come on stream in 2024
Sri Lanka's ACE Embilipitiya, ACE Matara power contracts to expire in Feb 24 Uma Oya and the open cycle part of a combined cycle to come on stream in 2024
POSITIVE
Other
Sri Lanka railway station in the dark for nonpayment of electricity bill
26-Jan-24
Uncategorized
The unsettled bill had amounted to 78,080 rupees.
Sri Lanka railway station in the dark for nonpayment of electricity bill The unsettled bill had amounted to 78,080 rupees.
NEGATIVE
Transportation
Sri Lanka can employ 'ed tech' to make education more equitable: study
26-Jan-24
Education
Ed tech is the use of technology in education to facilitate the teaching and learning processes.
Sri Lanka can employ 'ed tech' to make education more equitable: study Ed tech is the use of technology in education to facilitate the teaching and learning processes.
POSITIVE
Other
Sri Lanka to host UN FAO's 37th regional conference for Asia Pacific
26-Jan-24
Agriculture
Civil society organisations from Asia and the Pacific are expected to take part in this major multilateral conference.
Sri Lanka to host UN FAO's 37th regional conference for Asia Pacific Civil society organisations from Asia and the Pacific are expected to take part in this major multilateral conference.
POSITIVE
Other
Sri Lanka to amend penal code to criminalise rape of young boys
26-Jan-24
Crime
The country is also looking to close loopholes in the law on the rape of females, the Cabinet of Ministers decided
Sri Lanka to amend penal code to criminalise rape of young boys The country is also looking to close loopholes in the law on the rape of females, the Cabinet of Ministers decided
NEGATIVE
Other
Sri Lanka rupee opens stronger at 317.10/40 to the US dollar
26-Jan-24
Bonds & Forex
Sri Lanka’s rupee opened at 317.10/40 to the US dollar on Friday, while bond yields were broadly steady, dealers said.
Sri Lanka rupee opens stronger at 317.10/40 to the US dollar Sri Lanka’s rupee opened at 317.10/40 to the US dollar on Friday, while bond yields were broadly steady, dealers said.
NEGATIVE
Other
Sri Lanka's Hela Apparel buys UK-based Focus Brands
26-Jan-24
Apparel
Focus Brands will form the basis for the organisation’s new brand licensing division
Sri Lanka's Hela Apparel buys UK-based Focus Brands Focus Brands will form the basis for the organisation’s new brand licensing division
NEGATIVE
Consumer Goods Industry
Sri Lanka cabinet gives ok to sign Thailand FTA
26-Jan-24
Economy
A complete FTA of 14 chapters prepared
Sri Lanka cabinet gives ok to sign Thailand FTA A complete FTA of 14 chapters prepared
NEGATIVE
Other
US expresses concern over Sri Lanka law to police online discourse
25-Jan-24
Legal
The U.S. urges Sri Lanka to prioritize transparency and ensure any legislation does not stifle the voices of its people
US expresses concern over Sri Lanka law to police online discourse The U.S. urges Sri Lanka to prioritize transparency and ensure any legislation does not stifle the voices of its people
POSITIVE
Other
Sri Lanka workers in Maldives turn to Undiyal as banks limit dollars: legislator
25-Jan-24
Economy
There are people getting 1,000 to 3,000 dollars a month but they can send only 250 dollars or 300 back
Sri Lanka workers in Maldives turn to Undiyal as banks limit dollars: legislator There are people getting 1,000 to 3,000 dollars a month but they can send only 250 dollars or 300 back
NEGATIVE
Other
Pandemonium as opposition says Sri Lanka online law changes not in line with SC order
24-Jan-24
Legal
This is a very serious matter
Pandemonium as opposition says Sri Lanka online law changes not in line with SC order This is a very serious matter
NEGATIVE
Other
Sri Lanka workers in Maldives turn to Undiyal as banks limit dollars: legislator
25-Jan-24
Economy
There are people getting 1,000 to 3,000 dollars a month but they can send only 250 dollars or 300 back
Sri Lanka workers in Maldives turn to Undiyal as banks limit dollars: legislator There are people getting 1,000 to 3,000 dollars a month but they can send only 250 dollars or 300 back
NEGATIVE
Other
Pandemonium as opposition says Sri Lanka online law changes not in line with SC order
24-Jan-24
Legal
This is a very serious matter
Pandemonium as opposition says Sri Lanka online law changes not in line with SC order This is a very serious matter
NEGATIVE
Other
Sri Lanka parliament passes online speech law despite opposition
24-Jan-24
Legal
108 MPs voted for and 62 voted against the bill, with amendments.
Sri Lanka parliament passes online speech law despite opposition 108 MPs voted for and 62 voted against the bill, with amendments.
POSITIVE
Other
Sri Lanka rupee closes stronger at 318.10/40 to the US dollar
24-Jan-24
Bonds & Forex
Sri Lanka’s rupee closed at 318.10/40 to the US dollar on Wednesday, dealers said. Bond yields were down.
Sri Lanka rupee closes stronger at 318.10/40 to the US dollar Sri Lanka’s rupee closed at 318.10/40 to the US dollar on Wednesday, dealers said. Bond yields were down.
NEGATIVE
Other
Sri Lanka stocks close down, JKH trades push turnover
24-Jan-24
Markets
Mixed sentiments on the Colombo Stock Exchange Wednesday, as ASPI closed down, but the more liquid S&P SL20 closed up
Sri Lanka stocks close down, JKH trades push turnover Mixed sentiments on the Colombo Stock Exchange Wednesday, as ASPI closed down, but the more liquid S&P SL20 closed up
NEGATIVE
Other
Asia Internet Coalition refutes Sri Lanka Minister’s Online Safety Bill claims
24-Jan-24
ICT
The Bill, in its current form, would undermine potential growth and FDI into Sri Lanka’s digital economy
Asia Internet Coalition refutes Sri Lanka Minister’s Online Safety Bill claims The Bill, in its current form, would undermine potential growth and FDI into Sri Lanka’s digital economy
NEGATIVE
Other
In Sri Lanka, snitches will get riches
24-Jan-24
Crime
Sri Lanka Police will offer cash rewards from 10,000 to 250,000 to informants in their Operation Yukthiya
In Sri Lanka, snitches will get riches Sri Lanka Police will offer cash rewards from 10,000 to 250,000 to informants in their Operation Yukthiya
NEGATIVE
Other
Sri Lanka Kapruka buys USA subsidiary
24-Jan-24
Merger & Acquisition
Acquired 100% ownership of Kapruka USA LLC, incorporated in the United States of America, at a value of #100
Sri Lanka Kapruka buys USA subsidiary Acquired 100% ownership of Kapruka USA LLC, incorporated in the United States of America, at a value of #100
POSITIVE
Other
Sri Lanka online bill will kill democratic rights in election year: Sajith
24-Jan-24
Legal
Controversial bill on controlling online publications an attempt to curb freedom of speech of public in election year
Sri Lanka online bill will kill democratic rights in election year: Sajith Controversial bill on controlling online publications an attempt to curb freedom of speech of public in election year
NEGATIVE
Other
Sri Lanka micro-finance bill challenged by community organizations
24-Jan-24
Finance
Concerns have been raised about "predatory lending"
Sri Lanka micro-finance bill challenged by community organizations Concerns have been raised about "predatory lending"
NEGATIVE
Other
Sri Lanka ponders use of national identity card number for tax registration
24-Jan-24
Fiscal
"This way, people can register for taxation using their existing NIC number," he said.
Sri Lanka ponders use of national identity card number for tax registration "This way, people can register for taxation using their existing NIC number," he said.
NEGATIVE
Other
Rulers trying to curb freedom of online speech, after bankrupting Sri Lanka: opposition
24-Jan-24
Legal
Sri Lanka's rulers are trying to curb the freedom of speech of people after bankrupting the country, opposition says
Rulers trying to curb freedom of online speech, after bankrupting Sri Lanka: opposition Sri Lanka's rulers are trying to curb the freedom of speech of people after bankrupting the country, opposition says
NEGATIVE
Other
90 pct of military-held land in Sri Lanka's east already returned: official
24-Jan-24
Politics
"The forces have only 7,379 acres under their control now."
90 pct of military-held land in Sri Lanka's east already returned: official "The forces have only 7,379 acres under their control now."
NEGATIVE
Other
Sri Lanka to certify, regulate RAC and MAC technicians
24-Jan-24
Employment
NVQ will be introduced by PUCSL for technicians who do not have a recognized professional qualification now.
Sri Lanka to certify, regulate RAC and MAC technicians NVQ will be introduced by PUCSL for technicians who do not have a recognized professional qualification now.
NEGATIVE
Other
Japan, UN Women support 600 women-led micro enterprises in Sri Lanka
24-Jan-24
Economy
The project supports women-led micro-enterprises in Ampara, Colombo, Moneragala, Mullaitivu and Vavuniya.
Japan, UN Women support 600 women-led micro enterprises in Sri Lanka The project supports women-led micro-enterprises in Ampara, Colombo, Moneragala, Mullaitivu and Vavuniya.
POSITIVE
Other
Sri Lanka central bank does not need govt capital yet: Governor
24-Jan-24
Economy
I think there is no need for us to seek recapitalization at this point
Sri Lanka central bank does not need govt capital yet: Governor I think there is no need for us to seek recapitalization at this point
POSITIVE
Other
Sri Lanka rupee opens at 319.15/30 to the US dollar
24-Jan-24
Bonds & Forex
Sri Lanka’s rupee was quoted at 319.15/30 to the US dollar on Wednesday late morning trade, while bond yields were low...
Sri Lanka rupee opens at 319.15/30 to the US dollar Sri Lanka’s rupee was quoted at 319.15/30 to the US dollar on Wednesday late morning trade, while bond yields were low...
NEGATIVE
Other
Sri Lanka inflation to top 6.0-pct in early 2023: CB Governor
24-Jan-24
Economy
In the first couple of months there will be a some increase just above the middle path
Sri Lanka inflation to top 6.0-pct in early 2023: CB Governor In the first couple of months there will be a some increase just above the middle path
POSITIVE
Other
Google, Facebook could close up operations in Sri Lanka after OSB: Opposition MP
23-Jan-24
ICT
"Once this law is introduced, they will review the offences they would be accused of and most likely close up"
Google, Facebook could close up operations in Sri Lanka after OSB: Opposition MP "Once this law is introduced, they will review the offences they would be accused of and most likely close up"
NEGATIVE
Other
Sri Lanka CB warns against using personal bank accounts for business
23-Jan-24
Banking
CB considering legal action against registered limited liability companies using personal bank accounts for tax evasion
Sri Lanka CB warns against using personal bank accounts for business CB considering legal action against registered limited liability companies using personal bank accounts for tax evasion
NEGATIVE
Other
Sri Lanka Treasuries yields fall across maturities
23-Jan-24
Bonds & Forex
Strong demand for 6-month bills
Sri Lanka Treasuries yields fall across maturities Strong demand for 6-month bills
NEGATIVE
Other
Sri Lanka Treasuries yields fall across maturities
23-Jan-24
Bonds & Forex
Strong demand for 6-month bills
Sri Lanka Treasuries yields fall across maturities Strong demand for 6-month bills
NEGATIVE
Other
Sri Lanka rupee closes at 319.80/95 to the US dollar
23-Jan-24
Bonds & Forex
Sri Lanka’s rupee appreciated further to close at 319.80/95 to the US dollar on Tuesday, dealers said. Bond yields dow...
Sri Lanka rupee closes at 319.80/95 to the US dollar Sri Lanka’s rupee appreciated further to close at 319.80/95 to the US dollar on Tuesday, dealers said. Bond yields dow...
NEGATIVE
Other
Sri Lanka stocks close down, JKH drives turnover
23-Jan-24
Uncategorized
Trading in John Keells Holdings Plc, contributed the most (210mn) to the day's turnover
Sri Lanka stocks close down, JKH drives turnover Trading in John Keells Holdings Plc, contributed the most (210mn) to the day's turnover
NEGATIVE
Other
Sri Lanka CB seeks explanation from banks which have not cut loan rates fast
23-Jan-24
Banking
"There are a lot of banks that have reduced, but not to the extent that we hoped. We are closely monitoring the banks"
Sri Lanka CB seeks explanation from banks which have not cut loan rates fast "There are a lot of banks that have reduced, but not to the extent that we hoped. We are closely monitoring the banks"
NEGATIVE
Other
Sri Lanka, Elite discuss training private security providers for employment abroad
23-Jan-24
Migrant workers
UK-based private security service provider discusses training centre aimed at foreign employment opportunities
Sri Lanka, Elite discuss training private security providers for employment abroad UK-based private security service provider discusses training centre aimed at foreign employment opportunities
POSITIVE
Other
Sri Lanka widens welfare benefits scheme
23-Jan-24
Government services
2,000 rupee monthly allowance to be given to institutionalized persons
Sri Lanka widens welfare benefits scheme 2,000 rupee monthly allowance to be given to institutionalized persons
POSITIVE
Other
Sri Lanka parliament votes to go ahead with Online Safety bill amid opposition
23-Jan-24
Free Speech
The debate is currently under way.
Sri Lanka parliament votes to go ahead with Online Safety bill amid opposition The debate is currently under way.
NEGATIVE
Other
SriLankan Aviation College made IATA training partner
23-Jan-24
Aviation
College plans to produce aviation professionals, not only within Sri Lanka, but also within the region.
SriLankan Aviation College made IATA training partner College plans to produce aviation professionals, not only within Sri Lanka, but also within the region.
POSITIVE
Food Products
Sri Lanka rupee opens at 319.85/320.10 to the US dollar
23-Jan-24
Bonds & Forex
Sri Lanka’s rupee opened at 319.85/320.10 to the US dollar on Tuesday, dealers said. Bond yields were broadly steady
Sri Lanka rupee opens at 319.85/320.10 to the US dollar Sri Lanka’s rupee opened at 319.85/320.10 to the US dollar on Tuesday, dealers said. Bond yields were broadly steady
POSITIVE
Other
Sri Lanka plans tourist promotional campaign from March
23-Jan-24
Tourism
A 1.5 billion rupee promotional campaign in 11 key markets to boost arrivals,
Sri Lanka plans tourist promotional campaign from March A 1.5 billion rupee promotional campaign in 11 key markets to boost arrivals,
POSITIVE
Other
Sri Lanka keeps policy rates unchanged, CB wants market interest to fall
23-Jan-24
Economy
Any price increases from VAT to be short-lived
Sri Lanka keeps policy rates unchanged, CB wants market interest to fall Any price increases from VAT to be short-lived
NEGATIVE
Other
Despite economic recovery, more Sri Lankan doctors want to leave for better pay, kids' future
22-Jan-24
Health
Up to 3,000 doctors have registered for foreign qualifying examinations: Health Minister
Despite economic recovery, more Sri Lankan doctors want to leave for better pay, kids' future Up to 3,000 doctors have registered for foreign qualifying examinations: Health Minister
NEGATIVE
Other
Sri Lanka energy minister ready for CEB employees quitting
22-Jan-24
Energy
CEB management to accept resignations of any individual without hesitation and to recover all dues
Sri Lanka energy minister ready for CEB employees quitting CEB management to accept resignations of any individual without hesitation and to recover all dues
NEGATIVE
Other
Sri Lanka rupee closes stronger at 319.90/320.05 to the US dollar
22-Jan-24
Markets
Sri Lanka’s rupee closed at 319.90/320.05 to the US dollar on Monday, dealers said. Bond yields were broadly steady.
Sri Lanka rupee closes stronger at 319.90/320.05 to the US dollar Sri Lanka’s rupee closed at 319.90/320.05 to the US dollar on Monday, dealers said. Bond yields were broadly steady.
POSITIVE
Other
Sri Lanka stocks close down, Windforce pushes turnover
22-Jan-24
Markets
Turnover was at better than preceding days at 978 million.
Sri Lanka stocks close down, Windforce pushes turnover Turnover was at better than preceding days at 978 million.
NEGATIVE
Other
Imad Fakhoury appointed IFC South Asia regional director
22-Jan-24
People
Private sector investment is key to achieving South Asia’s development goals
Imad Fakhoury appointed IFC South Asia regional director Private sector investment is key to achieving South Asia’s development goals
POSITIVE
Other
Dasun Perera appointed Chief Executive of Senfin Securities
22-Jan-24
People
Dasun Perera appointed Chief Executive at Senfin Securities Limited, which is affiliated to Senkadagala Finance.
Dasun Perera appointed Chief Executive of Senfin Securities Dasun Perera appointed Chief Executive at Senfin Securities Limited, which is affiliated to Senkadagala Finance.
POSITIVE
Other
EDB, JICA to promote Sri Lanka ICT companies in Japanese market
22-Jan-24
ICT
To assist 30 SME ICT/BPM companies and tech startups over a two-year period
EDB, JICA to promote Sri Lanka ICT companies in Japanese market To assist 30 SME ICT/BPM companies and tech startups over a two-year period
POSITIVE
Other
Sri Lanka's main opposition files petition against anti-terrorism bill
22-Jan-24
Politics
The MP said the proposed bill is a threat to Sri Lanka's opposition parties and to democracy itself.
Sri Lanka's main opposition files petition against anti-terrorism bill The MP said the proposed bill is a threat to Sri Lanka's opposition parties and to democracy itself.
NEGATIVE
Other
M A Sumanthiran offers full support to new Sri Lanka ITAK leader Sritharan
22-Jan-24
Politics
"I'd like to extend my fullest support to Sridaran who was democratically elected as party leader," he said.
M A Sumanthiran offers full support to new Sri Lanka ITAK leader Sritharan "I'd like to extend my fullest support to Sridaran who was democratically elected as party leader," he said.
POSITIVE
Other
Sri Lanka’s Softlogic Finance to raise Rs2.5bn from shareholders
22-Jan-24
Markets
Company seeking to increase issued capital by Rs 2,512,994,563.20, by way of a rights issue to the existing shareholders
Sri Lanka’s Softlogic Finance to raise Rs2.5bn from shareholders Company seeking to increase issued capital by Rs 2,512,994,563.20, by way of a rights issue to the existing shareholders
NEGATIVE
Other
Sri Lanka minor opposition party leader among five shot dead
22-Jan-24
Politics
One of the victims was leader of the Ape Jana Bala party Saman Perera.
Sri Lanka minor opposition party leader among five shot dead One of the victims was leader of the Ape Jana Bala party Saman Perera.
NEGATIVE
Other
Sri Lanka rupee opens at 320.00/25 to the US dollar
22-Jan-24
Bonds & Forex
Sri Lanka’s rupee opened at 320.00/25 to the US dollar on Monday, dealers said. Bond yields were broadly steady.
Sri Lanka rupee opens at 320.00/25 to the US dollar Sri Lanka’s rupee opened at 320.00/25 to the US dollar on Monday, dealers said. Bond yields were broadly steady.
POSITIVE
Other
Sri Lanka is recovering, but threats from central bank, US policy
22-Jan-24
Bellwether
At the moment the central bank is providing monetary stability seen in the exchange rate and inflation
Sri Lanka is recovering, but threats from central bank, US policy At the moment the central bank is providing monetary stability seen in the exchange rate and inflation
NEGATIVE
Other
Sri Lanka coconut auction price up 1.9-pct
21-Jan-24
Agriculture
Prices pick up after a 14-pct fall over three weeks
Sri Lanka coconut auction price up 1.9-pct Prices pick up after a 14-pct fall over three weeks
NEGATIVE
Other
Sri Lanka interest rate volatility, instability, big challenges: bankers
21-Jan-24
Banking
People ask 'what's the year end exchange rate or interest rate? It is something that you don't want to even guess at
Sri Lanka interest rate volatility, instability, big challenges: bankers People ask 'what's the year end exchange rate or interest rate? It is something that you don't want to even guess at
POSITIVE
Other
Sri Lanka tea prices fall across elevations
20-Jan-24
Business
Tea prices ease after 7 weeks of gains
Sri Lanka tea prices fall across elevations Tea prices ease after 7 weeks of gains
NEGATIVE
Other
Sri Lanka, Nepal discuss MP exchange programme
20-Jan-24
Offbeat
Proposal made to facilitate exchange program for Members of Parliament to study parliamentary affairs of both countries
Sri Lanka, Nepal discuss MP exchange programme Proposal made to facilitate exchange program for Members of Parliament to study parliamentary affairs of both countries
POSITIVE
Other
Sri Lanka minister tells CEB to recover Rs12bn loans given to employees
20-Jan-24
Energy
Any services that can be outsourced in the future to be more efficient and reduce cost.
Sri Lanka minister tells CEB to recover Rs12bn loans given to employees Any services that can be outsourced in the future to be more efficient and reduce cost.
NEGATIVE
Other
Sri Lanka top doctor seeks equality in healthcare
20-Jan-24
Op-ed/Special Reports
He urged fellow doctors to ensure a change of attitude to end discrimination by educating other health care staff
Sri Lanka top doctor seeks equality in healthcare He urged fellow doctors to ensure a change of attitude to end discrimination by educating other health care staff
POSITIVE
Other
IMF expects Sri Lanka to reach private creditor deal by next review
20-Jan-24
Economy
And it's really important for that process to be completed soon
IMF expects Sri Lanka to reach private creditor deal by next review And it's really important for that process to be completed soon
NEGATIVE
Other
Sri Lanka’s President tells NAM to oppose big power rivalry and coercion
19-Jan-24
International Relations
Free trade and economic integration is being reversed by policy driven rise of trade protectionism
Sri Lanka’s President tells NAM to oppose big power rivalry and coercion Free trade and economic integration is being reversed by policy driven rise of trade protectionism
POSITIVE
Other
Sri Lanka rupee closes at 320.20/40 to the US dollar
19-Jan-24
Bonds & Forex
Sri Lanka’s rupee closed at 320.20/40 to the US dollar on Friday, dealers said. Bond yields were steady.
Sri Lanka rupee closes at 320.20/40 to the US dollar Sri Lanka’s rupee closed at 320.20/40 to the US dollar on Friday, dealers said. Bond yields were steady.
POSITIVE
Other
Sri Lanka stocks close down for second week
19-Jan-24
Uncategorized
The energy industry (111mn) saw the most investor interest, mainly due to trading of Lanka IOC Plc (down at 98.20).
Sri Lanka stocks close down for second week The energy industry (111mn) saw the most investor interest, mainly due to trading of Lanka IOC Plc (down at 98.20).
NEGATIVE
Other
Sri Lanka consumer confidence improves marginally in December 2023: survey
19-Jan-24
Economy
Regardless of the increase, the IHP said, all three indices remain at pessimistic levels.
Sri Lanka consumer confidence improves marginally in December 2023: survey Regardless of the increase, the IHP said, all three indices remain at pessimistic levels.
POSITIVE
Other
Sri Lanka to resume work on 600 roads from Feb
19-Jan-24
Construction and Real Estate
Until the debt restructuring process is completed road constructions were halted
Sri Lanka to resume work on 600 roads from Feb Until the debt restructuring process is completed road constructions were halted
NEGATIVE
Capital Goods
Wrapping up Sri Lanka external debt deals critical, property tax needed: IMF
19-Jan-24
Economy
called to speed up a "progressive property tax"
Wrapping up Sri Lanka external debt deals critical, property tax needed: IMF called to speed up a "progressive property tax"
NEGATIVE
Other
Sri Lanka reiterates support for Gaza at NAM
19-Jan-24
Human Rights
Sri Lanka stands with people of Palestine and will continue to support them in quest to realize Statehood
Sri Lanka reiterates support for Gaza at NAM Sri Lanka stands with people of Palestine and will continue to support them in quest to realize Statehood
POSITIVE
Other
Sri Lanka seeks UN help for Vesak celebrations
19-Jan-24
Culture
Sri Lanka asks China for help in obtaining UN sponsorship of State Vesak festival.
Sri Lanka seeks UN help for Vesak celebrations Sri Lanka asks China for help in obtaining UN sponsorship of State Vesak festival.
NEGATIVE
Other
Sri Lanka allocates Rs910mn for rural development in Matara
19-Jan-24
Government services
910 million has been allocated to the Matara District through the budget for rural development programs for 2024
Sri Lanka allocates Rs910mn for rural development in Matara 910 million has been allocated to the Matara District through the budget for rural development programs for 2024
NEGATIVE
Other
Sri Lanka adds 300,000 more families to Aswesuma welfare scheme
19-Jan-24
Government services
Back payments from July to December will be transferred to the bank accounts of the newly selected families
Sri Lanka adds 300,000 more families to Aswesuma welfare scheme Back payments from July to December will be transferred to the bank accounts of the newly selected families
NEGATIVE
Other