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Sri Lanka to pilot pre-arrival processing of import shipments from May
10-Apr-24
Shipping
"We plan on getting cargo information 48 hours before the departure of the ship from the foreign port,"
Sri Lanka to pilot pre-arrival processing of import shipments from May "We plan on getting cargo information 48 hours before the departure of the ship from the foreign port,"
NEGATIVE
Transportation
Sri Lanka rupee closes at 298.50/55 to the US dollar
10-Apr-24
Bonds & Forex
Bond yields broadly steady
Sri Lanka rupee closes at 298.50/55 to the US dollar Bond yields broadly steady
POSITIVE
Other
For Sri Lanka and India, cooperation is the only option: High Commissioner
10-Apr-24
Defence
For us, as close and proximate neighbours, cooperation is the only option," Santosh Jha tells India-SL Defence Seminar
For Sri Lanka and India, cooperation is the only option: High Commissioner For us, as close and proximate neighbours, cooperation is the only option," Santosh Jha tells India-SL Defence Seminar
NEGATIVE
Other
Sri Lanka stocks close up, All Share passes 12,000
10-Apr-24
Stocks & Companies
Turnover was at 2.9 billion. Banks, and Sampath Bank in particular, brought in most of the value.
Sri Lanka stocks close up, All Share passes 12,000 Turnover was at 2.9 billion. Banks, and Sampath Bank in particular, brought in most of the value.
POSITIVE
Other
Sri Lanka president asks new owners not to mortgage, sell houses
10-Apr-24
Construction and Real Estate
Tells Kajimawatte residents given new flats, 'this house will become your most valuable property
Sri Lanka president asks new owners not to mortgage, sell houses Tells Kajimawatte residents given new flats, 'this house will become your most valuable property
POSITIVE
Other
Sri Lanka voter lists opened for public scrutiny
10-Apr-24
Polls
Election Commission has announced that it would be posting its 2024 electoral roll for public viewing for revisions
Sri Lanka voter lists opened for public scrutiny Election Commission has announced that it would be posting its 2024 electoral roll for public viewing for revisions
NEGATIVE
Other
Sri Lanka minister declines to explain pardon sought for convicted monk
10-Apr-24
Crime
The monk was sentenced to four years in prison with hard labour for hate speech against Muslims.
Sri Lanka minister declines to explain pardon sought for convicted monk The monk was sentenced to four years in prison with hard labour for hate speech against Muslims.
NEGATIVE
Other
Sri Lanka to recruit 2,500 teachers for English medium
10-Apr-24
Education
English-medium teachers to get same salaries as state sector teachers even though they have higher private sector demand
Sri Lanka to recruit 2,500 teachers for English medium English-medium teachers to get same salaries as state sector teachers even though they have higher private sector demand
NEGATIVE
Other
Sri Lanka President does not want to create election mentality amid reforms: state minister 
10-Apr-24
Politics
Sri Lanka is likely to hold presidential polls between Sept 18 - Oct 18
Sri Lanka President does not want to create election mentality amid reforms: state minister  Sri Lanka is likely to hold presidential polls between Sept 18 - Oct 18
NEGATIVE
Other
Sri Lanka adds 182,000 to get tax payer income support, Rs58bn paid
10-Apr-24
Economy
The new beneficiaries were added taking into consideration appeal
Sri Lanka adds 182,000 to get tax payer income support, Rs58bn paid The new beneficiaries were added taking into consideration appeal
POSITIVE
Other
Sri Lanka rupee opens at 298.40/50 to the US dollar
10-Apr-24
Bonds & Forex
Bond yields steady
Sri Lanka rupee opens at 298.40/50 to the US dollar Bond yields steady
POSITIVE
Other
Sri Lanka services surplus exceeds trade deficit in Feb 2024: analysis
10-Apr-24
Economy
The trade deficit is triggered when people spend income from tourism, BPO services and worker remittances
Sri Lanka services surplus exceeds trade deficit in Feb 2024: analysis The trade deficit is triggered when people spend income from tourism, BPO services and worker remittances
NEGATIVE
Other
Sri Lanka's China-backed port starts container transshipment amid Red Sea crisis
9-Apr-24
Logistics
The boxes arrived from Rotterdam and will be taken to Dubai
Sri Lanka's China-backed port starts container transshipment amid Red Sea crisis The boxes arrived from Rotterdam and will be taken to Dubai
NEGATIVE
Other
Sri Lanka state workers, military given Rs107bn in April salaries
9-Apr-24
Fiscal
Usually the monthly salaries are paid starting from the 16 and 17. But for April money is paid before the New Year.
Sri Lanka state workers, military given Rs107bn in April salaries Usually the monthly salaries are paid starting from the 16 and 17. But for April money is paid before the New Year.
NEGATIVE
Other
Sri Lanka rupee closes at 298.60/65 to the US dollar
9-Apr-24
Bonds & Forex
Bond yields were down
Sri Lanka rupee closes at 298.60/65 to the US dollar Bond yields were down
NEGATIVE
Other
Sri Lanka stocks close up, consumer durables and apparel push turnover
9-Apr-24
Stocks & Companies
Turnover was at 2.5 billion. Banks (Rs570mn) and Consumer Durables and Apparel (Rs469mn) brought in the most value.
Sri Lanka stocks close up, consumer durables and apparel push turnover Turnover was at 2.5 billion. Banks (Rs570mn) and Consumer Durables and Apparel (Rs469mn) brought in the most value.
POSITIVE
Consumer Goods Industry
Sri Lanka president wants legal system modernised to facilitate economic growth
9-Apr-24
Legal
He also called for legalising the agreements with the IMF to ensure that the benefits reach the people.
Sri Lanka president wants legal system modernised to facilitate economic growth He also called for legalising the agreements with the IMF to ensure that the benefits reach the people.
POSITIVE
Other
Sri Lanka Treasury bill yields marginally down across maturities
9-Apr-24
Bonds & Forex
Sri Lanka’s Treasury bill yields fell across maturities at Tuesday’s auction, data from the state debt office showed...
Sri Lanka Treasury bill yields marginally down across maturities Sri Lanka’s Treasury bill yields fell across maturities at Tuesday’s auction, data from the state debt office showed...
NEGATIVE
Other
Sri Lanka spent nearly 200 billion rupees as social welfare in 2023
9-Apr-24
Economy
The number of relief beneficiaries as of March 31, 2024, is 1,854,308.
Sri Lanka spent nearly 200 billion rupees as social welfare in 2023 The number of relief beneficiaries as of March 31, 2024, is 1,854,308.
NEGATIVE
Other
Sri Lanka to hike election deposits paid by candidates
9-Apr-24
Politics
The deposit placed by a candidate representing a party has been increased to 2.6 million rupees.
Sri Lanka to hike election deposits paid by candidates The deposit placed by a candidate representing a party has been increased to 2.6 million rupees.
NEGATIVE
Other
Usual protesters take U-turn; Sri Lanka postal employees agree to work on April 12 holiday
9-Apr-24
General Services
State Minister says heaps of foreign parcels have to be delivered before April 13 new year
Usual protesters take U-turn; Sri Lanka postal employees agree to work on April 12 holiday State Minister says heaps of foreign parcels have to be delivered before April 13 new year
NEGATIVE
Other
Sri Lanka expects up to 200 thousand vehicles on the road in New Year
9-Apr-24
Accident
National Council for Road Safety has warned drivers of the possibility of increased road accidents
Sri Lanka expects up to 200 thousand vehicles on the road in New Year National Council for Road Safety has warned drivers of the possibility of increased road accidents
NEGATIVE
Other
Sri Lanka IMF, World Bank loan linked state bank reforms get cabinet nod
9-Apr-24
Banking
Reforms identified by a committee made up of IMF, World Bank and Central Bank officials
Sri Lanka IMF, World Bank loan linked state bank reforms get cabinet nod Reforms identified by a committee made up of IMF, World Bank and Central Bank officials
NEGATIVE
Other
KKS Port acquires Sri Lanka Cement Corp land
9-Apr-24
Shipping
Kankasanthurai Port has acquired 23 acres and 12 perches of land belonging to Cement Corporation at 52 million rupees
KKS Port acquires Sri Lanka Cement Corp land Kankasanthurai Port has acquired 23 acres and 12 perches of land belonging to Cement Corporation at 52 million rupees
POSITIVE
Other
Sri Lanka to offer paid medical degrees through KDU
9-Apr-24
Education
Kotelawala Defence University (KDU) will offer paid medical degree programme to students who qualify through Z score
Sri Lanka to offer paid medical degrees through KDU Kotelawala Defence University (KDU) will offer paid medical degree programme to students who qualify through Z score
POSITIVE
Other
Sri Lanka cabinet approves revised electricity reform bill
9-Apr-24
Economy
The electricity reform bill is linked to a $100mn budget support loan from the Asian Development bank
Sri Lanka cabinet approves revised electricity reform bill The electricity reform bill is linked to a $100mn budget support loan from the Asian Development bank
NEGATIVE
Other
Sri Lanka rupee opens at 298.60/65 to the US dollar
9-Apr-24
Bonds & Forex
Bond yields were down.
Sri Lanka rupee opens at 298.60/65 to the US dollar Bond yields were down.
NEGATIVE
Other
Sri Lanka's Access to complete substructure of halted airport terminal
9-Apr-24
Aviation
The work will also address the issue of deterioration of steel reinforcements
Sri Lanka's Access to complete substructure of halted airport terminal The work will also address the issue of deterioration of steel reinforcements
NEGATIVE
Other
Sri Lanka to publish 'indicative prices' for essential goods as rupee strengthens
9-Apr-24
Economy
If the rupee strengthens, price can fall further
Sri Lanka to publish 'indicative prices' for essential goods as rupee strengthens If the rupee strengthens, price can fall further
NEGATIVE
Other
Chinese onion becomes cheaper in Sri Lanka than Indian ahead of festivals
9-Apr-24
Agriculture
Chinese onion price reduced by Rs. 120 per kg to 375, Indian onion price slashed by Rs. 50 to 445
Chinese onion becomes cheaper in Sri Lanka than Indian ahead of festivals Chinese onion price reduced by Rs. 120 per kg to 375, Indian onion price slashed by Rs. 50 to 445
NEGATIVE
Other
Sri Lanka sells Rs85bn in 2026 to 2032 bonds
8-Apr-24
Bonds & Forex
Sri Lanka has sold 85 billion rupees of bonds maturing from 2026 to 2032, at an auction on April 08
Sri Lanka sells Rs85bn in 2026 to 2032 bonds Sri Lanka has sold 85 billion rupees of bonds maturing from 2026 to 2032, at an auction on April 08
NEGATIVE
Other
Sri Lanka plans politically correct names for Avurudu games
8-Apr-24
Sports
One of the games is kana mutti, where a blind-folded person tries to smash a hanging clay pot with a club.
Sri Lanka plans politically correct names for Avurudu games One of the games is kana mutti, where a blind-folded person tries to smash a hanging clay pot with a club.
NEGATIVE
Other
Sri Lanka rupee closes at 298.90/299.00 to the US dollar
8-Apr-24
Bonds & Forex
Bond yields were down.
Sri Lanka rupee closes at 298.90/299.00 to the US dollar Bond yields were down.
NEGATIVE
Other
Sri Lanka stocks close up 1-pct, turnover at 3bn
8-Apr-24
Stocks & Companies
"A lot of high net worth and corporates are getting involved expecting a successful completion of ISB negotiations,"
Sri Lanka stocks close up 1-pct, turnover at 3bn "A lot of high net worth and corporates are getting involved expecting a successful completion of ISB negotiations,"
POSITIVE
Other
Sri Lanka issues guidelines for holiday activities, cautions people to avoid accidents
8-Apr-24
Accidents
Police on stand by with 150,000 breathalyzers, and sputum and urine test kits for detecting drivers on a high
Sri Lanka issues guidelines for holiday activities, cautions people to avoid accidents Police on stand by with 150,000 breathalyzers, and sputum and urine test kits for detecting drivers on a high
NEGATIVE
Other
Sri Lanka to inaugurate delayed, Iran-assisted 120 MW Umaoya project this month
8-Apr-24
Agriculture
Iran could not fund the project as promised due to the economic sanctions by the U.S.
Sri Lanka to inaugurate delayed, Iran-assisted 120 MW Umaoya project this month Iran could not fund the project as promised due to the economic sanctions by the U.S.
NEGATIVE
Other
Sri Lanka's SJB must inform NPP in writing if Sajith wants debate: Tilvin
8-Apr-24
Politics
"They may call us for debates, but they won't come. We know that it's just posturing," said Silva.
Sri Lanka's SJB must inform NPP in writing if Sajith wants debate: Tilvin "They may call us for debates, but they won't come. We know that it's just posturing," said Silva.
NEGATIVE
Other
Sri Lanka opposes dissolution of Palestinian state: President
8-Apr-24
Human Rights
Contributions of Rs10mn from Kathankudi Mosque, Rs2.2mn from Katu Kale Jumma Mosque, Rs3.5mn from employment agencies
Sri Lanka opposes dissolution of Palestinian state: President Contributions of Rs10mn from Kathankudi Mosque, Rs2.2mn from Katu Kale Jumma Mosque, Rs3.5mn from employment agencies
NEGATIVE
Other
Sri Lanka Freedom Party appoints Nimal Siripala as acting chair, CBK as advisor
8-Apr-24
Politics
"A party cannot function without a chairman, especially during a politically decisive period such as this," he said.
Sri Lanka Freedom Party appoints Nimal Siripala as acting chair, CBK as advisor "A party cannot function without a chairman, especially during a politically decisive period such as this," he said.
POSITIVE
Other
Sri Lanka president on the offensive as election looms, hits out at SJB, NPP
8-Apr-24
Politics
The SJB is now being influenced by the chairman of the SLPP and other factions.
Sri Lanka president on the offensive as election looms, hits out at SJB, NPP The SJB is now being influenced by the chairman of the SLPP and other factions.
NEGATIVE
Other
Singapore inspects Sri Lanka poultry, seafood, rice processors ahead of exports
8-Apr-24
Trade
For Sri Lanka to export poultry products to Singapore, it is imperative for country to meet stringent requirements
Singapore inspects Sri Lanka poultry, seafood, rice processors ahead of exports For Sri Lanka to export poultry products to Singapore, it is imperative for country to meet stringent requirements
NEGATIVE
Food Products
Sri Lanka to export chilli, eggplant, okra and maize seeds: Minister
8-Apr-24
Agriculture
Agriculture Dept, private sector conducted research on these new types of seeds, Amaraweera says at CIC farm
Sri Lanka to export chilli, eggplant, okra and maize seeds: Minister Agriculture Dept, private sector conducted research on these new types of seeds, Amaraweera says at CIC farm
POSITIVE
Agricultural Raw Materials
Not a dry holiday for Sri Lanka's foreign visitors
8-Apr-24
Tourism
No enforced dry holiday for tourists
Not a dry holiday for Sri Lanka's foreign visitors No enforced dry holiday for tourists
POSITIVE
Other
Sri Lanka rupee opens at 298.80/299.00 to the US dollar
8-Apr-24
Bonds & Forex
Bond yields were broadly steady.
Sri Lanka rupee opens at 298.80/299.00 to the US dollar Bond yields were broadly steady.
POSITIVE
Other
Sri Lanka begins implementing Singapore free trade deal
8-Apr-24
Economy
20-pct of imports to be taxed to give profits to special interests
Sri Lanka begins implementing Singapore free trade deal 20-pct of imports to be taxed to give profits to special interests
NEGATIVE
Other
Sri Lanka earns billion dollars from tourism in first quarter
8-Apr-24
Business
March arrivals were up 66 percent to 209,181
Sri Lanka earns billion dollars from tourism in first quarter March arrivals were up 66 percent to 209,181
POSITIVE
Other
Sri Lanka worker remittances up 0.7-pct in April 2024
7-Apr-24
Economy
.
Sri Lanka worker remittances up 0.7-pct in April 2024 .
NEGATIVE
Other
Sri Lanka's Ceylon tea prices fall for third week
7-Apr-24
Business
US dollar prices also fell in the previous week
Sri Lanka's Ceylon tea prices fall for third week US dollar prices also fell in the previous week
NEGATIVE
Other
Sri Lanka foreign reserves rise $431mn to US$4.9bn in March
7-Apr-24
Economy
.
Sri Lanka foreign reserves rise $431mn to US$4.9bn in March .
NEGATIVE
Other
Sri Lanka Parliament schedules 3-day Easter attack debate after former president's revelation   
6-Apr-24
Politics
Sirisena has dragged India into Easter Sunday attack investigation
Sri Lanka Parliament schedules 3-day Easter attack debate after former president's revelation    Sirisena has dragged India into Easter Sunday attack investigation
NEGATIVE
Other
Sri Lankans migrating for foreign employment drops 4.2-pct in 2023
6-Apr-24
Economy
Remittances for 2024 end are targeted to increase by 17 percent
Sri Lankans migrating for foreign employment drops 4.2-pct in 2023 Remittances for 2024 end are targeted to increase by 17 percent
NEGATIVE
Other
Sri Lanka repays $1,338mn to multilateral lenders up to Feb 2024: PMD
6-Apr-24
Economy
Multilateral lender debt is serviced after a default
Sri Lanka repays $1,338mn to multilateral lenders up to Feb 2024: PMD Multilateral lender debt is serviced after a default
NEGATIVE
Other
Sri Lanka's SJB welcomes SLPP dissidents, heaps praise on G L Peiris
5-Apr-24
Politics
"I think this strengthens us greatly," he added.
Sri Lanka's SJB welcomes SLPP dissidents, heaps praise on G L Peiris "I think this strengthens us greatly," he added.
POSITIVE
Other
Sri Lankans reluctant to get tested for HIV: State minister
5-Apr-24
Health
“When the social phobia is there for these diseases people won’t come and get their treatment,”
Sri Lankans reluctant to get tested for HIV: State minister “When the social phobia is there for these diseases people won’t come and get their treatment,”
NEGATIVE
Other
Sri Lanka rupee closes at 299.25/30 to the US dollar
5-Apr-24
Bonds & Forex
Bond yields were steady.
Sri Lanka rupee closes at 299.25/30 to the US dollar Bond yields were steady.
POSITIVE
Other
Sri Lanka stocks close up, banks bring in 1.5bn
5-Apr-24
Stocks & Companies
Turnover was at 2.9 billion. Most of this (1.5bn) came from several large trades in four banks.
Sri Lanka stocks close up, banks bring in 1.5bn Turnover was at 2.9 billion. Most of this (1.5bn) came from several large trades in four banks.
NEGATIVE
Other
Sri Lanka minister Thondaman chosen as World Economic Forum Young Global Leader
5-Apr-24
People
He continues to advocate for the rights of all marginalized people in Sri Lanka, workers, women, ethnic minorities
Sri Lanka minister Thondaman chosen as World Economic Forum Young Global Leader He continues to advocate for the rights of all marginalized people in Sri Lanka, workers, women, ethnic minorities
POSITIVE
Other
Sri Lanka to turn World War II-era Hingurakgoda air base to international airport
5-Apr-24
Aviation
"Our final target is like Mattala and Palali to make this a dedicated airport for civil aviation."
Sri Lanka to turn World War II-era Hingurakgoda air base to international airport "Our final target is like Mattala and Palali to make this a dedicated airport for civil aviation."
POSITIVE
Transportation
Sri Lanka anticipates third IMF EFF installment by June: official
5-Apr-24
Economy
However, Sri Lanka has to first obtain consensus from the country's creditors on restructuring its debt.
Sri Lanka anticipates third IMF EFF installment by June: official However, Sri Lanka has to first obtain consensus from the country's creditors on restructuring its debt.
NEGATIVE
Other
Sri Lanka minimum room rates slammed as cartelized scheme that is illegal in market economies
5-Apr-24
Tourism
Hotels demanding minimum room rate are old, while newer properties that can compete with the world are now in Colombo
Sri Lanka minimum room rates slammed as cartelized scheme that is illegal in market economies Hotels demanding minimum room rate are old, while newer properties that can compete with the world are now in Colombo
NEGATIVE
Other
Sri Lanka plans state ayurvedic massage centres for tourists
5-Apr-24
Health
"In collaboration with the Department of Ayurveda, we are establishing ‘Body Mantra’ massage centres across the coun...
Sri Lanka plans state ayurvedic massage centres for tourists "In collaboration with the Department of Ayurveda, we are establishing ‘Body Mantra’ massage centres across the coun...
POSITIVE
Other
IMF says "strong expectation" on Sri Lanka deal with private creditors
5-Apr-24
Economy
Domestic debt re-structuring related to SOE debt also expected to be done soon
IMF says "strong expectation" on Sri Lanka deal with private creditors Domestic debt re-structuring related to SOE debt also expected to be done soon
POSITIVE
Other
Sri Lanka Ayurveda hospital to offer paying wards, looking for PPP
5-Apr-24
Health
“Sick people are willing to pay.”
Sri Lanka Ayurveda hospital to offer paying wards, looking for PPP “Sick people are willing to pay.”
NEGATIVE
Other
Sri Lanka rupee opens at 299.35/55 to the US dollar
5-Apr-24
Bonds & Forex
Bond yields were stable
Sri Lanka rupee opens at 299.35/55 to the US dollar Bond yields were stable
POSITIVE
Other
Sri Lanka container volumes surge 30-pct in Feb amid Red Sea troubles
5-Apr-24
Logistics
Up to February 2024, transshipment volumes were up 27.2 percent
Sri Lanka container volumes surge 30-pct in Feb amid Red Sea troubles Up to February 2024, transshipment volumes were up 27.2 percent
NEGATIVE
Other
MPs who call Sri Lanka Freedom Party their home eager to return: Amaraweera
4-Apr-24
Politics
"To prevent this destruction, President Kumaratunga went to court," he said.
MPs who call Sri Lanka Freedom Party their home eager to return: Amaraweera "To prevent this destruction, President Kumaratunga went to court," he said.
NEGATIVE
Other
At least 11 Sri Lanka MPs elected in 2020 not any more in Parliament
4-Apr-24
Politics
Three MPs had died, six resigned and one lost the seat after legal action in the current parliament
At least 11 Sri Lanka MPs elected in 2020 not any more in Parliament Three MPs had died, six resigned and one lost the seat after legal action in the current parliament
NEGATIVE
Other
Sri Lanka offers general amnesty for military deserters
4-Apr-24
Defence
Ministry of Defence has declared a month long general amnesty from April 20 to May 20 for tri-forces absentees
Sri Lanka offers general amnesty for military deserters Ministry of Defence has declared a month long general amnesty from April 20 to May 20 for tri-forces absentees
NEGATIVE
Other
Sri Lanka rupee closes at 299.70/80 to the US dollar
4-Apr-24
Bonds & Forex
Bond yields were steady
Sri Lanka rupee closes at 299.70/80 to the US dollar Bond yields were steady
POSITIVE
Other
Sri Lanka stocks close up, banks push turnover
4-Apr-24
Stocks & Companies
Hatton National Bank Plc saw the most active volumes traded, Rs417mn, and the share closed up at 195.25
Sri Lanka stocks close up, banks push turnover Hatton National Bank Plc saw the most active volumes traded, Rs417mn, and the share closed up at 195.25
NEGATIVE
Other
Sri Lanka minister apologizes for forced cremation of Muslims
4-Apr-24
Human Rights
"The decision to forcefully cremate those who succumbed to COVID-19 was not based on any science."
Sri Lanka minister apologizes for forced cremation of Muslims "The decision to forcefully cremate those who succumbed to COVID-19 was not based on any science."
NEGATIVE
Other
Vehicles imported for Sri Lanka's tourism sector will be year-old, taxed: official
4-Apr-24
Economy
"We will allow the import of year-old vehicles, because year-old vehicles are sold at a much lower price," he said.
Vehicles imported for Sri Lanka's tourism sector will be year-old, taxed: official "We will allow the import of year-old vehicles, because year-old vehicles are sold at a much lower price," he said.
NEGATIVE
Other
South Korea to provide employment for Sri Lankans, including in seasonal work
4-Apr-24
Employment
"Possibility of short-term provision of human resources required in Korea only for the harvesting season"
South Korea to provide employment for Sri Lankans, including in seasonal work "Possibility of short-term provision of human resources required in Korea only for the harvesting season"
POSITIVE
Other
Any deviation from Sri Lanka's reform programme could jeopardise stability: minister
4-Apr-24
Economy
According to the World Bank, Sri Lanka’s economy has stabilised though poverty remains.
Any deviation from Sri Lanka's reform programme could jeopardise stability: minister According to the World Bank, Sri Lanka’s economy has stabilised though poverty remains.
NEGATIVE
Other
Sri Lanka ready to provide Chinese enterprises preferential policies
4-Apr-24
Economic Crisis
Joint statement by Sri Lanka and China issued
Sri Lanka ready to provide Chinese enterprises preferential policies Joint statement by Sri Lanka and China issued
POSITIVE
Other
Sri Lanka poverty being addressed by Aswesuma safety net: Minister
4-Apr-24
Economic Crisis
Rise in poverty in a country that experienced negative 8 percent growth, and bankruptcy is normal, Gunawardana said
Sri Lanka poverty being addressed by Aswesuma safety net: Minister Rise in poverty in a country that experienced negative 8 percent growth, and bankruptcy is normal, Gunawardana said
NEGATIVE
Other
Regional integration to empower Sri Lankan women
4-Apr-24
Op-ed/Special Reports
Providing equal employment opportunities for men and women can enable South Asia to enhance incomes by 25%.
Regional integration to empower Sri Lankan women Providing equal employment opportunities for men and women can enable South Asia to enhance incomes by 25%.
POSITIVE
Other
Sri Lanka rupee opens at 299.85/95 to the US dollar
4-Apr-24
Bonds & Forex
Bond yields up
Sri Lanka rupee opens at 299.85/95 to the US dollar Bond yields up
POSITIVE
Other
Sri Lanka private banks unlikely to need state recapitalization
4-Apr-24
Banking
A budget for 2024 set aside 1.5-pct of GDP in allocations for possible bank recapitalization
Sri Lanka private banks unlikely to need state recapitalization A budget for 2024 set aside 1.5-pct of GDP in allocations for possible bank recapitalization
NEGATIVE
Other
Sri Lanka plans to roll PAL, CESS into new customs duty band
4-Apr-24
Economy
Sri Lanka is negotiating a series of free trade agreements
Sri Lanka plans to roll PAL, CESS into new customs duty band Sri Lanka is negotiating a series of free trade agreements
NEGATIVE
Other
Sri Lanka starts surveying drug addicts as authorities seek public help
3-Apr-24
Crime
The UN has urged Sri Lanka to suspend its Yukthiya drug busting effort citing human rights violations
Sri Lanka starts surveying drug addicts as authorities seek public help The UN has urged Sri Lanka to suspend its Yukthiya drug busting effort citing human rights violations
NEGATIVE
Other
Sri Lanka state bus system looks to e-ticketing to combat revenue leaks
3-Apr-24
Transport
"The take home amount is 10 million rupees daily, or 100 lakhs, which together becomes 3 billion a year.
Sri Lanka state bus system looks to e-ticketing to combat revenue leaks "The take home amount is 10 million rupees daily, or 100 lakhs, which together becomes 3 billion a year.
NEGATIVE
Other
Sri Lanka Treasury bill yields up, 12-month flat
3-Apr-24
Bonds & Forex
3 and 6 month yields up
Sri Lanka Treasury bill yields up, 12-month flat 3 and 6 month yields up
NEGATIVE
Other
Sri Lanka rupee closes at 299.80/95 to the US dollar
3-Apr-24
Bonds & Forex
Bond yields were up
Sri Lanka rupee closes at 299.80/95 to the US dollar Bond yields were up
NEGATIVE
Other
Most contenders for presidency will gather around Wickremesinghe: UNP
3-Apr-24
Politics
"Apart from two or three candidates, those dozens will gather here. Don't worry," said Kariyawasam.
Most contenders for presidency will gather around Wickremesinghe: UNP "Apart from two or three candidates, those dozens will gather here. Don't worry," said Kariyawasam.
POSITIVE
Other
Sri Lanka's Anura Dissanayake ready to debate opposition leader Premadasa
3-Apr-24
Politics
SJB member Chandima Weerakkody told reporters that the NPP should take up the challenge.
Sri Lanka's Anura Dissanayake ready to debate opposition leader Premadasa SJB member Chandima Weerakkody told reporters that the NPP should take up the challenge.
NEGATIVE
Other
Sri Lanka stocks close up, interest in bluechips, banks
3-Apr-24
Stocks & Companies
"Most interest is coming from corporate and high-net worth sections."
Sri Lanka stocks close up, interest in bluechips, banks "Most interest is coming from corporate and high-net worth sections."
NEGATIVE
Other
Investors in Sri Lanka to be given autonomy to manage zones: President
3-Apr-24
Business
Thousand acres in Biyagama, with plans to acquire 3,000-4,000 in Trincomalee, similar ventures in north and Hambantota
Investors in Sri Lanka to be given autonomy to manage zones: President Thousand acres in Biyagama, with plans to acquire 3,000-4,000 in Trincomalee, similar ventures in north and Hambantota
POSITIVE
Other
ADB to resume Sri Lanka project financing, back PPPs under new strategy
3-Apr-24
Economy
Irrigation, education and health likely areas for project financing in the near term
ADB to resume Sri Lanka project financing, back PPPs under new strategy Irrigation, education and health likely areas for project financing in the near term
NEGATIVE
Agricultural Raw Materials
Short term pain from Sri Lanka's reforms subsiding, economy strengthening: Minister
3-Apr-24
Economy
"There was a short term pains from those reforms, and by today those pains have subsided a bit."
Short term pain from Sri Lanka's reforms subsiding, economy strengthening: Minister "There was a short term pains from those reforms, and by today those pains have subsided a bit."
NEGATIVE
Other
Canada funds UNDP, UNFPA project to help victims of sexual violence in Sri Lanka
3-Apr-24
Crime
National guidelines to establish management system to register, monitor, and enhance quality of services for victims
Canada funds UNDP, UNFPA project to help victims of sexual violence in Sri Lanka National guidelines to establish management system to register, monitor, and enhance quality of services for victims
POSITIVE
Other
Sri Lanka, France discuss debt restructuring process, future financial collaboration
3-Apr-24
Debt Restructuring
"France will continue its constructive engagement with the Official Creditor Committee to reinforce debt sustainability
Sri Lanka, France discuss debt restructuring process, future financial collaboration "France will continue its constructive engagement with the Official Creditor Committee to reinforce debt sustainability
POSITIVE
Other
ARCASIA Investments acquires 11.97-pct stake in Sri Lanka's Ambeon Capital
3-Apr-24
Stocks & Companies
An 11.97 percent stake of Ambeon Capital Plc was bought by ARCASIA Investments and Trading (Pvt) Ltd
ARCASIA Investments acquires 11.97-pct stake in Sri Lanka's Ambeon Capital An 11.97 percent stake of Ambeon Capital Plc was bought by ARCASIA Investments and Trading (Pvt) Ltd
NEGATIVE
Other
Sri Lanka banks asked to set up business revival units by May
3-Apr-24
Banking
Licensed banks have to set up BRUs by mid-May 2024 and fully comply with the guidelines by July 01
Sri Lanka banks asked to set up business revival units by May Licensed banks have to set up BRUs by mid-May 2024 and fully comply with the guidelines by July 01
NEGATIVE
Other
Sri Lanka rupee opens at 299.80/90 to the US dollar
3-Apr-24
Bonds & Forex
Bond yields stable
Sri Lanka rupee opens at 299.80/90 to the US dollar Bond yields stable
POSITIVE
Other
Sri Lanka 2024 growth upgraded, but recovery path narrow, says World Bank
3-Apr-24
Economy
Results were already beginning to be seen, but there was unlikely to be a quick bounce back
Sri Lanka 2024 growth upgraded, but recovery path narrow, says World Bank Results were already beginning to be seen, but there was unlikely to be a quick bounce back
NEGATIVE
Other
Sri Lanka air passenger traffic up 40-pct in Jan-Feb
3-Apr-24
Aviation
Tourists arriving by air had risen 104.65 percent to 452,532 in the first two months
Sri Lanka air passenger traffic up 40-pct in Jan-Feb Tourists arriving by air had risen 104.65 percent to 452,532 in the first two months
POSITIVE
Other
Sri Lanka Speaker dismisses role of foreign forces in 2022 protests-led regime change
3-Apr-24
Politics
Ruling SLPP politicians believe the 2022 protests-led regime change was a foreign-backed democratic coup
Sri Lanka Speaker dismisses role of foreign forces in 2022 protests-led regime change Ruling SLPP politicians believe the 2022 protests-led regime change was a foreign-backed democratic coup
NEGATIVE
Other
World Bank concerned over potential reform fatigue in Sri Lanka's election year
2-Apr-24
Economy
The concern is articularly with regard to state-owned enterprises (SOEs), a World Bank official said.
World Bank concerned over potential reform fatigue in Sri Lanka's election year The concern is articularly with regard to state-owned enterprises (SOEs), a World Bank official said.
NEGATIVE
Other
Sri Lanka’s mothers should avoid foreign employment: Minister
2-Apr-24
Employment
Mothers of infants should avoid working abroad, Sri Lanka’s Minister of Women’s Affairs, Geetha Kumarasinghe, has sa...
Sri Lanka’s mothers should avoid foreign employment: Minister Mothers of infants should avoid working abroad, Sri Lanka’s Minister of Women’s Affairs, Geetha Kumarasinghe, has sa...
NEGATIVE
Other