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Sri Lanka rupee opens at 323.10/90 to the US dollar
1-Jan-24
Bonds & Forex
Sri Lanka’s rupee opened at 323.10/90 to the US dollar on Monday, dealers said.
Sri Lanka rupee opens at 323.10/90 to the US dollar Sri Lanka’s rupee opened at 323.10/90 to the US dollar on Monday, dealers said.
NEGATIVE
Other
Sri Lanka hikes fuel prices after VAT
1-Jan-24
Energy
Kerosene was cut 11 rupees to 236 rupees a litre
Sri Lanka hikes fuel prices after VAT Kerosene was cut 11 rupees to 236 rupees a litre
NEGATIVE
Other
Sri Lanka import bill slightly down amid lower remittances in November
1-Jan-24
Economy
Earnings from exports, remittances and tourism was 1,741 million US dollars, 390 million US dollars above imports
Sri Lanka import bill slightly down amid lower remittances in November Earnings from exports, remittances and tourism was 1,741 million US dollars, 390 million US dollars above imports
NEGATIVE
Other
Sri Lanka central bank gets political nod to create up to 7-pct inflation
31-Dec-23
Economy
Sri Lanka inflation target is about 2.5 times the rate found in countries with monetary stability
Sri Lanka central bank gets political nod to create up to 7-pct inflation Sri Lanka inflation target is about 2.5 times the rate found in countries with monetary stability
NEGATIVE
Other
SriLankan wet-leases two aircraft from Air Belgium
31-Dec-23
Aviation
A second aircraft from Air Belgium is to arrive in mid-January 2024.
SriLankan wet-leases two aircraft from Air Belgium A second aircraft from Air Belgium is to arrive in mid-January 2024.
NEGATIVE
Other
Sri Lanka 2023 inflation at 4.0-pct in December
31-Dec-23
Economy
Since monetary stability was reached in September 2022, inflation for 15 months was 3.0-pct
Sri Lanka 2023 inflation at 4.0-pct in December Since monetary stability was reached in September 2022, inflation for 15 months was 3.0-pct
NEGATIVE
Other
Sri Lanka ending 2023 with no arrears for first time in 25 years: PMD
30-Dec-23
Economy
Pension arrears from 2022 also cleared
Sri Lanka ending 2023 with no arrears for first time in 25 years: PMD Pension arrears from 2022 also cleared
POSITIVE
Other
Sri Lanka import containers surge ahead of VAT hike: Minister
30-Dec-23
Economy
Containers being cleared each day has risen from around 700 to 1,000
Sri Lanka import containers surge ahead of VAT hike: Minister Containers being cleared each day has risen from around 700 to 1,000
POSITIVE
Other
Sri Lanka gives extra month to buy vehicles, licenses, and property sans income tax file
30-Dec-23
Economy
There is an online process for everyone to open a tax file, he said
Sri Lanka gives extra month to buy vehicles, licenses, and property sans income tax file There is an online process for everyone to open a tax file, he said
NEGATIVE
Other
Sri Lanka rupee closes at 323.90/324.00 to the US dollar
29-Dec-23
Bonds & Forex
Sri Lanka’s rupee closed at 323.90/324.00 to the US dollar on Friday, dealers said.
Sri Lanka rupee closes at 323.90/324.00 to the US dollar Sri Lanka’s rupee closed at 323.90/324.00 to the US dollar on Friday, dealers said.
NEGATIVE
Other
Sri Lankan stocks close the year marginally higher
29-Dec-23
Markets
Turnover remained low at 642 million.
Sri Lankan stocks close the year marginally higher Turnover remained low at 642 million.
NEGATIVE
Other
Sri Lanka tourism lacks direct consumer marketing: Industry experts
29-Dec-23
Tourism
The world still thinks there's riots in the street, there's medical shortages.
Sri Lanka tourism lacks direct consumer marketing: Industry experts The world still thinks there's riots in the street, there's medical shortages.
NEGATIVE
Other
Additional expenses from VAT not as significant as some suggest: Official
29-Dec-23
Economy
"Misconception that family monthly expenses will increase by an additional Rs 40,000 post VAT implementation on Jan 1"
Additional expenses from VAT not as significant as some suggest: Official "Misconception that family monthly expenses will increase by an additional Rs 40,000 post VAT implementation on Jan 1"
NEGATIVE
Other
Sri Lanka PAYE tax files rise to 204,000, individuals 500,000
29-Dec-23
Fiscal
A total 500,196 persons were registered as individual tax-payers by end November 2023
Sri Lanka PAYE tax files rise to 204,000, individuals 500,000 A total 500,196 persons were registered as individual tax-payers by end November 2023
NEGATIVE
Other
Sri Lanka rupee opens at 323.80/324.10 to the US dollar
29-Dec-23
Bonds & Forex
Sri Lanka’s rupee opened at 323.80/324.10 to the US dollar on Friday, dealers said.
Sri Lanka rupee opens at 323.80/324.10 to the US dollar Sri Lanka’s rupee opened at 323.80/324.10 to the US dollar on Friday, dealers said.
NEGATIVE
Other
Indian journalists targeted with spyware
29-Dec-23
ICT
Implications of surveillance practices are pertinent, as Sri Lanka is in the process of implementing SL-UID program
Indian journalists targeted with spyware Implications of surveillance practices are pertinent, as Sri Lanka is in the process of implementing SL-UID program
POSITIVE
Other
Sri Lanka expects Rs1,400bn from VAT in 2024
29-Dec-23
Economy
VAT as a share of GDP expected to go to 4.0-pct in 2024 from 2.2-pct in 2023
Sri Lanka expects Rs1,400bn from VAT in 2024 VAT as a share of GDP expected to go to 4.0-pct in 2024 from 2.2-pct in 2023
NEGATIVE
Other
Sri Lanka to remove PAL on many items coming under higher VAT
29-Dec-23
Economy
Items under Special Commodity Levy also exempt
Sri Lanka to remove PAL on many items coming under higher VAT Items under Special Commodity Levy also exempt
NEGATIVE
Other
Sri Lanka rupee closes at 323.90/324.00 to the US dollar
28-Dec-23
Bonds & Forex
Sri Lanka’s rupee closed at 323.90/334.00 to the US dollar on Thursday, dealers said.
Sri Lanka rupee closes at 323.90/324.00 to the US dollar Sri Lanka’s rupee closed at 323.90/334.00 to the US dollar on Thursday, dealers said.
NEGATIVE
Other
Sri Lanka's Bribery Commission gets new members
28-Dec-23
Business
New Members to the Anti-Corruption Commission
Sri Lanka's Bribery Commission gets new members New Members to the Anti-Corruption Commission
NEGATIVE
Other
Sri Lanka power minister, India HC discuss energy partnerships
28-Dec-23
Energy
Discussed energy sector partnerships between the two countries and the implementation plans of those projects
Sri Lanka power minister, India HC discuss energy partnerships Discussed energy sector partnerships between the two countries and the implementation plans of those projects
POSITIVE
Other
Sri Lanka stocks close up, holiday slump persists
28-Dec-23
Markets
The Colombo Stock Exchange closed up on Thursday, CSE data showed. Turnover was low at 471 million.
Sri Lanka stocks close up, holiday slump persists The Colombo Stock Exchange closed up on Thursday, CSE data showed. Turnover was low at 471 million.
NEGATIVE
Other
Sri Lanka resettlement will be based on 1985 map: President
28-Dec-23
People
Despite the conclusion of the war, unresolved matters persist
Sri Lanka resettlement will be based on 1985 map: President Despite the conclusion of the war, unresolved matters persist
NEGATIVE
Other
Sri Lanka’s Bank of Ceylon announces debenture issue basis of allotment
28-Dec-23
Banking
Investors who have applied up to 20,000,000 Type A Debentures will be allotted 100% of debentures applied
Sri Lanka’s Bank of Ceylon announces debenture issue basis of allotment Investors who have applied up to 20,000,000 Type A Debentures will be allotted 100% of debentures applied
NEGATIVE
Other
65-75 pct of tea industry cost is min wage based labour cost: Sri Lanka think tank
28-Dec-23
Tea
This contributes significantly to the cost of production of Sri Lanka’s tea industry.
65-75 pct of tea industry cost is min wage based labour cost: Sri Lanka think tank This contributes significantly to the cost of production of Sri Lanka’s tea industry.
NEGATIVE
Other
Sri Lanka aims for higher big onion yield next yala season
28-Dec-23
Agriculture
Vernalization process helps produce more flowers from bulbs, and eventually more onion seedlings
Sri Lanka aims for higher big onion yield next yala season Vernalization process helps produce more flowers from bulbs, and eventually more onion seedlings
POSITIVE
Food Products
Sri Lanka's Hambantota Port says cruise calls rising
28-Dec-23
Shipping
Over the year, 22 cruise ships had called at the port with 7,500 passengers.
Sri Lanka's Hambantota Port says cruise calls rising Over the year, 22 cruise ships had called at the port with 7,500 passengers.
POSITIVE
Other
Sri Lanka rupee opens at 323.60/90 to the US dollar
28-Dec-23
Bonds & Forex
Sri Lanka’s rupee opened at 323.60/90 to the US dollar on Thursday, dealers said.
Sri Lanka rupee opens at 323.60/90 to the US dollar Sri Lanka’s rupee opened at 323.60/90 to the US dollar on Thursday, dealers said.
NEGATIVE
Other
Sri Lanka's Western province GDP share expands in worst currency crisis
28-Dec-23
Economy
The steepest falls in shares were seen in the East and the North
Sri Lanka's Western province GDP share expands in worst currency crisis The steepest falls in shares were seen in the East and the North
NEGATIVE
Other
Sri Lanka shaman arrested over breaching god's trust
27-Dec-23
Legal
There are 10 kapuwas and each has about 20 to 30 helpers to be maintained with the offerings they receive from devotees
Sri Lanka shaman arrested over breaching god's trust There are 10 kapuwas and each has about 20 to 30 helpers to be maintained with the offerings they receive from devotees
NEGATIVE
Other
Sri Lanka sells mostly 6-month bills at auction
27-Dec-23
Bonds & Forex
3, 6 - month yields down
Sri Lanka sells mostly 6-month bills at auction 3, 6 - month yields down
NEGATIVE
Other
Sri Lanka rupee closes at 324.00/25 to the US dollar
27-Dec-23
Bonds & Forex
Sri Lanka’s rupee closed at 324.00/25 to the US dollar on Wednesday, dealers said.
Sri Lanka rupee closes at 324.00/25 to the US dollar Sri Lanka’s rupee closed at 324.00/25 to the US dollar on Wednesday, dealers said.
NEGATIVE
Other
Sri Lanka stocks close down, mixed sentiments
27-Dec-23
Markets
Turnover was at 1 billion
Sri Lanka stocks close down, mixed sentiments Turnover was at 1 billion
NEGATIVE
Other
Sri Lanka should consider India’s concerns too: Former Indian External Affairs min
27-Dec-23
International Relations
"Just as you expected us to show concern for your concerns, we expect you to show concern for our concerns."
Sri Lanka should consider India’s concerns too: Former Indian External Affairs min "Just as you expected us to show concern for your concerns, we expect you to show concern for our concerns."
NEGATIVE
Other
Sri Lanka to strengthen local gov act to curb unauthorized construction
27-Dec-23
Government services
This will remove existing barriers to taking immediate action to prevent unauthorized constructions
Sri Lanka to strengthen local gov act to curb unauthorized construction This will remove existing barriers to taking immediate action to prevent unauthorized constructions
POSITIVE
Capital Goods
Sri Lanka's Bank of Ceylon debenture issue oversubscribed
27-Dec-23
Banking
Issue of 50,000,000 Basel III complaint Tier 2 listed rated unsecured subordinated redeemable debentures oversubscribed
Sri Lanka's Bank of Ceylon debenture issue oversubscribed Issue of 50,000,000 Basel III complaint Tier 2 listed rated unsecured subordinated redeemable debentures oversubscribed
NEGATIVE
Other
Sri Lanka’s CIC Holdings Plc rated ‘AAA(lka)’ with a stable outlook: Fitch
27-Dec-23
Business
Fitch Ratings said it has assigned a First-Time Rating of 'AA+(lka)' Outlook Stablc to CIC Holdings Plc.
Sri Lanka’s CIC Holdings Plc rated ‘AAA(lka)’ with a stable outlook: Fitch Fitch Ratings said it has assigned a First-Time Rating of 'AA+(lka)' Outlook Stablc to CIC Holdings Plc.
POSITIVE
Other
Sri Lanka’s Janashakthi Insurance buys 25-pct of First Capital
27-Dec-23
Markets
Janashakthi Insurance PLC has purchased 101,201,799 ordinary shares at a price of LKR 37.10 per share
Sri Lanka’s Janashakthi Insurance buys 25-pct of First Capital Janashakthi Insurance PLC has purchased 101,201,799 ordinary shares at a price of LKR 37.10 per share
NEGATIVE
Other
Sri Lanka rupee opens at 323.00/85 to the US dollar
27-Dec-23
Bonds & Forex
Sri Lanka’s rupee opened at 323.00/85 to the US dollar on Monday, dealers said.
Sri Lanka rupee opens at 323.00/85 to the US dollar Sri Lanka’s rupee opened at 323.00/85 to the US dollar on Monday, dealers said.
NEGATIVE
Other
Sri Lanka Police Minister rejects ICIJ shell company allegations  
27-Dec-23
Corruption
An ICIJ analysis has alleged Alles of using shell companies to buy properties in the U.K.
Sri Lanka Police Minister rejects ICIJ shell company allegations   An ICIJ analysis has alleged Alles of using shell companies to buy properties in the U.K.
NEGATIVE
Other
A collective effort needed to ensure energy security in South Asia
27-Dec-23
Energy
The global energy crisis is pushing governments to seek alternate power generation sources.
A collective effort needed to ensure energy security in South Asia The global energy crisis is pushing governments to seek alternate power generation sources.
POSITIVE
Other
Sri Lanka domestic containers up in October as economy recovers
27-Dec-23
Logistics
Transshipment volumes down in October
Sri Lanka domestic containers up in October as economy recovers Transshipment volumes down in October
NEGATIVE
Other
Sri Lanka renewable energy costs are higher than India amid risks: Minister
26-Dec-23
Energy
When investors are looking at the country they also account for the risk in the country
Sri Lanka renewable energy costs are higher than India amid risks: Minister When investors are looking at the country they also account for the risk in the country
NEGATIVE
Other
Jesus rejected in Bethlehem Pope says on Christmas as Israel kills children Gaza
25-Dec-23
Political News
Prince of Peace is once more rejected .. by the clash of arms that ...prevents him from finding room in the world
Jesus rejected in Bethlehem Pope says on Christmas as Israel kills children Gaza Prince of Peace is once more rejected .. by the clash of arms that ...prevents him from finding room in the world
NEGATIVE
Other
SriLankan Airlines flights disrupted as aircraft grounded
25-Dec-23
Aviation
Several A330s grounded, but will be back in service next week
SriLankan Airlines flights disrupted as aircraft grounded Several A330s grounded, but will be back in service next week
NEGATIVE
Transportation
Sri Lanka logistics centre with China gets 15-year tax holiday
24-Dec-23
Economy
Thirty expatriates will be completely freed from income tax
Sri Lanka logistics centre with China gets 15-year tax holiday Thirty expatriates will be completely freed from income tax
POSITIVE
Transportation
Sri Lanka minor (yala) season paddy crop up 25-pct in 2023
24-Dec-23
Agriculture
Crop higher despite the similar area being sown amid better fertilizer availability
Sri Lanka minor (yala) season paddy crop up 25-pct in 2023 Crop higher despite the similar area being sown amid better fertilizer availability
NEGATIVE
Other
No power cuts this weekend: Sri Lanka power minister
23-Dec-23
Energy
Unnecessary planned power interruptions for maintenance on weekends cost CEB large amounts of money for overtime payment
No power cuts this weekend: Sri Lanka power minister Unnecessary planned power interruptions for maintenance on weekends cost CEB large amounts of money for overtime payment
NEGATIVE
Other
Sri Lanka tea exports up 11-pct in Nov 2023 amid production dip
23-Dec-23
Business
Export earnings total $1.19bn up to November
Sri Lanka tea exports up 11-pct in Nov 2023 amid production dip Export earnings total $1.19bn up to November
NEGATIVE
Other
Sri Lanka rupee closes at 325.25/45 to the US dollar
22-Dec-23
Bonds & Forex
Sri Lanka’s rupee closed at 325.25/45 to the US dollar on Friday, dealers said.
Sri Lanka rupee closes at 325.25/45 to the US dollar Sri Lanka’s rupee closed at 325.25/45 to the US dollar on Friday, dealers said.
NEGATIVE
Other
Sri Lanka stocks close down, First Capital pushes turnover
22-Dec-23
Markets
The Colombo Stock Exchange closed down on Friday, CSE data showed.
Sri Lanka stocks close down, First Capital pushes turnover The Colombo Stock Exchange closed down on Friday, CSE data showed.
NEGATIVE
Other
Santosh Jha new Indian High Commissioner to Sri Lanka
22-Dec-23
International Relations
New High Commissioner of India to Sri Lanka Santosh Jha presents credentials
Santosh Jha new Indian High Commissioner to Sri Lanka New High Commissioner of India to Sri Lanka Santosh Jha presents credentials
POSITIVE
Other
No bonuses for employees of gov bodies unless they earned profit: Minister
22-Dec-23
Government services
Staff bonus for commercial corporations, statutory boards and government owned companies for 2023 only if profitable
No bonuses for employees of gov bodies unless they earned profit: Minister Staff bonus for commercial corporations, statutory boards and government owned companies for 2023 only if profitable
NEGATIVE
Other
Sri Lanka banks say parate execution needed to protect depositors
22-Dec-23
Banking
Says banks will end up restricting credit
Sri Lanka banks say parate execution needed to protect depositors Says banks will end up restricting credit
NEGATIVE
Other
Bangladesh donates stock of 24 medicines worth USD1mn to Sri Lanka
22-Dec-23
Health
Stock of 24 essential drugs sufficient for 3 months of Sri Lanka’s requirements
Bangladesh donates stock of 24 medicines worth USD1mn to Sri Lanka Stock of 24 essential drugs sufficient for 3 months of Sri Lanka’s requirements
NEGATIVE
Other
SriLankan boosts fleet with A320: Correction
22-Dec-23
Aviation
SriLankan Airlines leased an Airbus A320 aircraft to add to its fleet, this week.
SriLankan boosts fleet with A320: Correction SriLankan Airlines leased an Airbus A320 aircraft to add to its fleet, this week.
POSITIVE
Transportation
President, Tamil MPs discuss Sri Lankan refugees in India
22-Dec-23
People
Sri Lankans in Indian refugee camps was discussed during a meeting between president and leaders of the North and East
President, Tamil MPs discuss Sri Lankan refugees in India Sri Lankans in Indian refugee camps was discussed during a meeting between president and leaders of the North and East
POSITIVE
Other
Sri Lanka districts allocated 11,250 million to develop rural economy
22-Dec-23
Economy
The decentralized budget for the districts aims to inject financial resources into the villages
Sri Lanka districts allocated 11,250 million to develop rural economy The decentralized budget for the districts aims to inject financial resources into the villages
POSITIVE
Other
Sri Lanka Social Security Contribution Levy threshold to be halved
22-Dec-23
Fiscal
To reduce the revenue subject to tax from rupees 120 million to rupees 60 million
Sri Lanka Social Security Contribution Levy threshold to be halved To reduce the revenue subject to tax from rupees 120 million to rupees 60 million
NEGATIVE
Other
Sri Lanka rupee opens at 325.00/80 to the US dollar
22-Dec-23
Bonds & Forex
Sri Lanka’s rupee opened at 325.00/80 to the US dollar on Friday, dealers said.
Sri Lanka rupee opens at 325.00/80 to the US dollar Sri Lanka’s rupee opened at 325.00/80 to the US dollar on Friday, dealers said.
NEGATIVE
Other
Sri Lanka gets most remittances from currency board like regimes in 3Q
22-Dec-23
Economy
Among to 10 sources, money printing was constrained by a peg in 5 countries and a 2.0-pct inflation target in the rest
Sri Lanka gets most remittances from currency board like regimes in 3Q Among to 10 sources, money printing was constrained by a peg in 5 countries and a 2.0-pct inflation target in the rest
NEGATIVE
Other
Sri Lanka rupee closes at 326.25/40 to the US dollar
21-Dec-23
Bonds & Forex
Sri Lanka’s rupee closed at 326.25/40 to the US dollar on Thursday, dealers said.
Sri Lanka rupee closes at 326.25/40 to the US dollar Sri Lanka’s rupee closed at 326.25/40 to the US dollar on Thursday, dealers said.
NEGATIVE
Other
Sri Lanka stocks close up, turnover at 1bn
21-Dec-23
Markets
The Colombo Stock Exchange closed up on Thursday, CSE data showed.
Sri Lanka stocks close up, turnover at 1bn The Colombo Stock Exchange closed up on Thursday, CSE data showed.
NEGATIVE
Other
Sri Lanka’s Tea production down by 3.2 percent in November
21-Dec-23
Tea
Output for the 11 months was up from last year, industry data showed.
Sri Lanka’s Tea production down by 3.2 percent in November Output for the 11 months was up from last year, industry data showed.
NEGATIVE
Other
Sri Lanka’s public security minister: Can’t release full Easter Sunday PCoI report
21-Dec-23
Easter Sunday attacks
President Gotabaya Rajapaksa won 2019 election on the promise of strengthening national security after Easter attack
Sri Lanka’s public security minister: Can’t release full Easter Sunday PCoI report President Gotabaya Rajapaksa won 2019 election on the promise of strengthening national security after Easter attack
POSITIVE
Other
After SC judgement, Sri Lanka bar urges not to appoint those who violate law as IGP
21-Dec-23
Courts
BASL urged that no person who has violated fundamental rights or has criminal cases should be appointed as police chief
After SC judgement, Sri Lanka bar urges not to appoint those who violate law as IGP BASL urged that no person who has violated fundamental rights or has criminal cases should be appointed as police chief
NEGATIVE
Other
Sri Lanka to import 15,000mt of maize for poultry feed
21-Dec-23
Agriculture
Insufficient stocks in open market led to animal feed scarcity, pushed meat and egg prices up, and halted Thriposha
Sri Lanka to import 15,000mt of maize for poultry feed Insufficient stocks in open market led to animal feed scarcity, pushed meat and egg prices up, and halted Thriposha
NEGATIVE
Food Products
Sri Lanka to revise National Savings Bank Act to make bank more competitive
21-Dec-23
Banking
Sections of Act should be revised to extend monitoring, identifying new business opportunities, developing enterprise
Sri Lanka to revise National Savings Bank Act to make bank more competitive Sections of Act should be revised to extend monitoring, identifying new business opportunities, developing enterprise
NEGATIVE
Other
Sri Lanka rupee opens at 326.00/25 to the US dollar
21-Dec-23
Bonds & Forex
Sri Lanka’s rupee opened at 326.00/25 to the US dollar on Thursday, dealers said.
Sri Lanka rupee opens at 326.00/25 to the US dollar Sri Lanka’s rupee opened at 326.00/25 to the US dollar on Thursday, dealers said.
NEGATIVE
Other
Sri Lanka foreign reserves to top US$4.0bn by end 2023
21-Dec-23
Economy
.
Sri Lanka foreign reserves to top US$4.0bn by end 2023 .
NEGATIVE
Other
Sri Lanka to get 16,000 tourists from Estonia, Baltic States: Udayanga Weeratunga
21-Dec-23
Business
Visitors from Estonia, Lithuania, Latvia, Moldova and Poland, will arrive in the country with tours arranged by JoinUp
Sri Lanka to get 16,000 tourists from Estonia, Baltic States: Udayanga Weeratunga Visitors from Estonia, Lithuania, Latvia, Moldova and Poland, will arrive in the country with tours arranged by JoinUp
POSITIVE
Other
Sri Lanka low tax regime is feasible: Ex-President Rajapaksa
21-Dec-23
Economy
That a lower tax regime was feasible was shown in the years up to 2014, by bringing the debt to GDP ratio down, he said
Sri Lanka low tax regime is feasible: Ex-President Rajapaksa That a lower tax regime was feasible was shown in the years up to 2014, by bringing the debt to GDP ratio down, he said
POSITIVE
Other
Sri Lanka prints 2026 money at 13.7-pct
20-Dec-23
Economy
877-day and 955-day money through an outright auction
Sri Lanka prints 2026 money at 13.7-pct 877-day and 955-day money through an outright auction
NEGATIVE
Other
Stronger demand for Sri Lanka 6-month bills at auction
20-Dec-23
Economy
Political uncertainty weakens demand for longer end at current prices
Stronger demand for Sri Lanka 6-month bills at auction Political uncertainty weakens demand for longer end at current prices
NEGATIVE
Other
India’s Adani wind power project sees delay in Sri Lanka – sources
20-Dec-23
Energy
The project was originally expected to be completed by end 2024
India’s Adani wind power project sees delay in Sri Lanka – sources The project was originally expected to be completed by end 2024
NEGATIVE
Other
Sri Lanka rupee closes at 326.75/85 to the US dollar
20-Dec-23
Bonds & Forex
Sri Lanka’s rupee closed at 326.75/85 to the US dollar on Wednesday, dealers said.
Sri Lanka rupee closes at 326.75/85 to the US dollar Sri Lanka’s rupee closed at 326.75/85 to the US dollar on Wednesday, dealers said.
NEGATIVE
Other
Sri Lanka stocks close down, turnover tops 5mn
20-Dec-23
Commodities
Turnover was high at 5 billion, pushed by a transaction in Agstar Plc
Sri Lanka stocks close down, turnover tops 5mn Turnover was high at 5 billion, pushed by a transaction in Agstar Plc
NEGATIVE
Other
World bank releases US$250mn budget support to Sri Lanka
20-Dec-23
Economy
Released after banking sector reforms
World bank releases US$250mn budget support to Sri Lanka Released after banking sector reforms
NEGATIVE
Other
Sri Lanka gov invites public input for OGP National Action Plan 2023-25
20-Dec-23
Government services
Public comments invited for formulation of Open Government Partnership National Action Plan 2023-2025,
Sri Lanka gov invites public input for OGP National Action Plan 2023-25 Public comments invited for formulation of Open Government Partnership National Action Plan 2023-2025,
POSITIVE
Other
Australian govt. to give AUD42.1mn for good governance, MDF programs
20-Dec-23
Business
The Australian government has agreed to provide an additional grant of 42.1 million Australian dollars
Australian govt. to give AUD42.1mn for good governance, MDF programs The Australian government has agreed to provide an additional grant of 42.1 million Australian dollars
POSITIVE
Other
British Council to train English teachers in Sri Lanka's Sabaragamuwa
20-Dec-23
Education
Formal training will be given to selected 700 teachers at a cost of 51 million rupees
British Council to train English teachers in Sri Lanka's Sabaragamuwa Formal training will be given to selected 700 teachers at a cost of 51 million rupees
NEGATIVE
Other
Sri Lanka to roll out disaster warning system through telephones
20-Dec-23
ICT
Involving the DMC, TRC and service providers including SLT Mobitel, Hutch, Dialog and Airtel.
Sri Lanka to roll out disaster warning system through telephones Involving the DMC, TRC and service providers including SLT Mobitel, Hutch, Dialog and Airtel.
NEGATIVE
Other
No bonuses, incentives or salary increments for CEB: Sri Lanka minister
20-Dec-23
Energy
Invites public, stakeholders, unions to submit feedback on the proposed electricity bill by January 3, 2024
No bonuses, incentives or salary increments for CEB: Sri Lanka minister Invites public, stakeholders, unions to submit feedback on the proposed electricity bill by January 3, 2024
NEGATIVE
Other
Sri Lanka rupee opens at 326.90/327.00 to the US dollar
20-Dec-23
Markets
Sri Lanka’s rupee opened at 326.90/327.00 to the US dollar on Wednesday, dealers said.
Sri Lanka rupee opens at 326.90/327.00 to the US dollar Sri Lanka’s rupee opened at 326.90/327.00 to the US dollar on Wednesday, dealers said.
NEGATIVE
Other
Sri Lanka to introduce hotline for reporting harassment
20-Dec-23
Crime
A three-digit hotline like 119 to report harassment faced by women and children
Sri Lanka to introduce hotline for reporting harassment A three-digit hotline like 119 to report harassment faced by women and children
NEGATIVE
Other
Sri Lanka to get Estonia charter flight on Dec 20
20-Dec-23
Business
From December 01 to 17 Sri Lanka had welcomed 100,750 tourists with around 6,500 arriving daily, over the last week
Sri Lanka to get Estonia charter flight on Dec 20 From December 01 to 17 Sri Lanka had welcomed 100,750 tourists with around 6,500 arriving daily, over the last week
POSITIVE
Other
Sri Lanka BESS solar plant with Australia backing may cost Rs48-49 a unit
20-Dec-23
Energy
Batteries from Sungrow
Sri Lanka BESS solar plant with Australia backing may cost Rs48-49 a unit Batteries from Sungrow
NEGATIVE
Other
Sri Lanka plans to export furnace oil after heavy rains
19-Dec-23
Energy
Ceylon Petroleum Corporation will call tenders to sell furnace oil and naptha produced at its refinery
Sri Lanka plans to export furnace oil after heavy rains Ceylon Petroleum Corporation will call tenders to sell furnace oil and naptha produced at its refinery
NEGATIVE
Food Products
Sri Lanka rupee closes at 326.90/327.00 to the US dollar
19-Dec-23
Bonds & Forex
Sri Lanka’s rupee closed at 326.90/327.00 to the US dollar on Tuesday, dealers said.
Sri Lanka rupee closes at 326.90/327.00 to the US dollar Sri Lanka’s rupee closed at 326.90/327.00 to the US dollar on Tuesday, dealers said.
NEGATIVE
Other
Sri Lanka to recruit experts to assess Indian Adani’s renewable energy bid: Minister
19-Dec-23
Energy
Wijesekera denies of any delay in Adani wind power project
Sri Lanka to recruit experts to assess Indian Adani’s renewable energy bid: Minister Wijesekera denies of any delay in Adani wind power project
NEGATIVE
Other
Sri Lanka to allow spice imports for value added products
19-Dec-23
Agriculture
Products made with extracts allow high revenues to be earned than exports in raw form
Sri Lanka to allow spice imports for value added products Products made with extracts allow high revenues to be earned than exports in raw form
POSITIVE
Other
Sri Lanka stocks close down, low turnover
19-Dec-23
Commodities
The Colombo Stock Exchange closed down on Tuesday, CSE data showed.
Sri Lanka stocks close down, low turnover The Colombo Stock Exchange closed down on Tuesday, CSE data showed.
NEGATIVE
Other
Sri Lanka to continue importing eggs from India
19-Dec-23
Agriculture
155 million eggs imported from Indian farms, another 18 million within this month.
Sri Lanka to continue importing eggs from India 155 million eggs imported from Indian farms, another 18 million within this month.
NEGATIVE
Other
Sri Lanka Insurance Corporation life and general business split
19-Dec-23
Insurance
Two subsidiaries, Sri Lanka Insurance Corporation Life Limited and Sri Lanka Insurance Corporation General Limited
Sri Lanka Insurance Corporation life and general business split Two subsidiaries, Sri Lanka Insurance Corporation Life Limited and Sri Lanka Insurance Corporation General Limited
NEGATIVE
Other
Sri Lanka to import 50,000 metric tonnes of GR 11 rice
19-Dec-23
Economy
To keep down price of Keeri Samba
Sri Lanka to import 50,000 metric tonnes of GR 11 rice To keep down price of Keeri Samba
NEGATIVE
Other
Sri Lanka stock exchange revised governance rules applicable from Oct
19-Dec-23
Commodities
Corporate governance rules revised to drive capital market forward.
Sri Lanka stock exchange revised governance rules applicable from Oct Corporate governance rules revised to drive capital market forward.
NEGATIVE
Other
Sri Lanka rupee opens at 326.85/95 to the US dollar
19-Dec-23
Bonds & Forex
Sri Lanka’s rupee opened at 326.85/95 to the US dollar on Tuesday, dealers said.
Sri Lanka rupee opens at 326.85/95 to the US dollar Sri Lanka’s rupee opened at 326.85/95 to the US dollar on Tuesday, dealers said.
NEGATIVE
Other
Why the IMF is hated now and is backing bad money in Sri Lanka and Latin America
19-Dec-23
Bellwether
Before the Second Amendment IMF could
Why the IMF is hated now and is backing bad money in Sri Lanka and Latin America Before the Second Amendment IMF could
NEGATIVE
Other
After disqualifying Indian bidders, Sri Lanka hopes to select Digital ID printer by 2024 Q1
19-Dec-23
Defence
The Digital ID card project has been dragged despite India has already given 450 mln INR grant
After disqualifying Indian bidders, Sri Lanka hopes to select Digital ID printer by 2024 Q1 The Digital ID card project has been dragged despite India has already given 450 mln INR grant
NEGATIVE
Other
Sri Lanka rupee closes at 326.80/327.00 to the US dollar
18-Dec-23
Markets
Sri Lanka’s rupee closed at 326.80/327.00 to the US dollar on Monday, dealers said.
Sri Lanka rupee closes at 326.80/327.00 to the US dollar Sri Lanka’s rupee closed at 326.80/327.00 to the US dollar on Monday, dealers said.
NEGATIVE
Other