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Sri Lanka rupee closes at 299.95/300.05 to the US dollar | 2-Apr-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee closes at 299.95/300.05 to the US dollar Bond yields were broadly steady. | POSITIVE | Other |
Sri Lanka President appoints Wijerathne as new DG for CIABOC with wide powers | 2-Apr-24 | Corruption | New Act has empowered anti-graft body to effectively investigate, prosecute cases of bribery, corruption | Sri Lanka President appoints Wijerathne as new DG for CIABOC with wide powers New Act has empowered anti-graft body to effectively investigate, prosecute cases of bribery, corruption | POSITIVE | Other |
SriLankan Airlines to lease four wide-body aircraft | 2-Apr-24 | Aviation | Operating leases for 6 and 8 years | SriLankan Airlines to lease four wide-body aircraft Operating leases for 6 and 8 years | NEGATIVE | Transportation |
Sri Lanka stocks close up, banks and capital goods drive turnover | 2-Apr-24 | Bonds & Forex | Turnover was at 2 billion. | Sri Lanka stocks close up, banks and capital goods drive turnover Turnover was at 2 billion. | NEGATIVE | Other |
Sri Lanka to allow import of 750 vans and 250 buses for tourism | 2-Apr-24 | Tourism | Vans with 6–15 seating capacity, 250 buses with 6–30 and 30–45 seating capacity with no tax concessions | Sri Lanka to allow import of 750 vans and 250 buses for tourism Vans with 6–15 seating capacity, 250 buses with 6–30 and 30–45 seating capacity with no tax concessions | NEGATIVE | Transportation |
Sri Lanka's Access Engineering wins work under airport expansion project | 2-Apr-24 | Aviation | Identified work under BIADP Phase II | Sri Lanka's Access Engineering wins work under airport expansion project Identified work under BIADP Phase II | POSITIVE | Capital Goods |
Sri Lanka to lift undu import ban to meet local demand in festival period | 2-Apr-24 | Agriculture | Sri Lanka will lift its protectionist import ban on undu to bring in 2,000 metric tonnes to meet seasonal demand | Sri Lanka to lift undu import ban to meet local demand in festival period Sri Lanka will lift its protectionist import ban on undu to bring in 2,000 metric tonnes to meet seasonal demand | POSITIVE | Other |
Sri Lanka gives USD1mn to Gaza Children’s Fund | 2-Apr-24 | Human Rights | Sri Lanka has donated an initial one million dollars to assist children impacted by Israel's assault on Gaza. | Sri Lanka gives USD1mn to Gaza Children’s Fund Sri Lanka has donated an initial one million dollars to assist children impacted by Israel's assault on Gaza. | NEGATIVE | Other |
Japan gives bikes to Sri Lanka schoolchildren | 2-Apr-24 | Education | Japan has donated 517 bicycles to rural schoolchildren in Sri Lanka Through ChildFund | Japan gives bikes to Sri Lanka schoolchildren Japan has donated 517 bicycles to rural schoolchildren in Sri Lanka Through ChildFund | NEGATIVE | Other |
Sri Lanka rupee strengthens crossing 300 to the US dollar | 2-Apr-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee strengthens crossing 300 to the US dollar Bond yields were broadly steady. | POSITIVE | Other |
Sri Lanka central bank buys $484mn from markets to Feb 2024 | 2-Apr-24 | Economy | The central bank bought US$245.3 from banks in January 2024 and US$239.5mn in February | Sri Lanka central bank buys $484mn from markets to Feb 2024 The central bank bought US$245.3 from banks in January 2024 and US$239.5mn in February | NEGATIVE | Other |
Sri Lanka exporters protest rupee appreciation, forced conversion rules | 1-Apr-24 | Economy | Sri Lanka's central bank is operating deflationary monetary policy giving it full control of the exchange rate | Sri Lanka exporters protest rupee appreciation, forced conversion rules Sri Lanka's central bank is operating deflationary monetary policy giving it full control of the exchange rate | NEGATIVE | Other |
Sri Lanka producers meeting demand, egg at Rs35 for new year: Minister | 1-Apr-24 | Agriculture | Production of eggs in local poultry farms has already exceeded 7.5 million, Amaraweera said. | Sri Lanka producers meeting demand, egg at Rs35 for new year: Minister Production of eggs in local poultry farms has already exceeded 7.5 million, Amaraweera said. | NEGATIVE | Food Products |
Sri Lanka to extend visa-free pilot project till April 30: tourism minister | 1-Apr-24 | Tourism | "A final decision to be taken during the next few weeks of the pilot project," Fernando said. | Sri Lanka to extend visa-free pilot project till April 30: tourism minister "A final decision to be taken during the next few weeks of the pilot project," Fernando said. | NEGATIVE | Other |
Sri Lanka rupee closes at 300.00/06 to the US dollar | 1-Apr-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee closes at 300.00/06 to the US dollar Bond yields were broadly steady. | POSITIVE | Other |
Sri Lanka president appoints independent committee to review central bank salary hike | 1-Apr-24 | Politics | The committee includes former governor Indrajit Coomaraswamy. | Sri Lanka president appoints independent committee to review central bank salary hike The committee includes former governor Indrajit Coomaraswamy. | POSITIVE | Other |
Sri Lanka stocks close up, turnover at 4.1bn | 1-Apr-24 | Stocks & Companies | The Colombo Stock Exchange closed up on Monday, data on its site showed. | Sri Lanka stocks close up, turnover at 4.1bn The Colombo Stock Exchange closed up on Monday, data on its site showed. | NEGATIVE | Other |
Sri Lanka president took on task of stabilising economy, must now restructure debt: Patali | 1-Apr-24 | Politics | "If there is a president in October, there will be an election in November," he said. | Sri Lanka president took on task of stabilising economy, must now restructure debt: Patali "If there is a president in October, there will be an election in November," he said. | NEGATIVE | Other |
Thai Airways resumes daily flights between Bangkok and Colombo | 1-Apr-24 | Aviation | Thai Airways flights are operated daily | Thai Airways resumes daily flights between Bangkok and Colombo Thai Airways flights are operated daily | POSITIVE | Other |
No pressure from China, says Sri Lanka state finmin after official visit | 1-Apr-24 | International Relations | Sri Lanka delegation has returned after concluding a 6-day visit to China | No pressure from China, says Sri Lanka state finmin after official visit Sri Lanka delegation has returned after concluding a 6-day visit to China | POSITIVE | Other |
Sri Lanka optimistic about a positive outcome with bondholders: Minister | 1-Apr-24 | Economy | Hopeful of meeting IMF debt requirements to complete second review | Sri Lanka optimistic about a positive outcome with bondholders: Minister Hopeful of meeting IMF debt requirements to complete second review | POSITIVE | Other |
Sharhan Muhseen appointed chairman of Sri Lanka's Commercial Bank | 1-Apr-24 | Stocks & Companies | R Senanayake was appointed the deputy chairman. | Sharhan Muhseen appointed chairman of Sri Lanka's Commercial Bank R Senanayake was appointed the deputy chairman. | POSITIVE | Other |
Sri Lanka tourist arrivals up by 189-pct in March 2024 | 1-Apr-24 | Tourism | Tourist arrivals rose 189 percent to 635,782 persons in March 2024 from a year ago, led by India | Sri Lanka tourist arrivals up by 189-pct in March 2024 Tourist arrivals rose 189 percent to 635,782 persons in March 2024 from a year ago, led by India | POSITIVE | Other |
Fitch affirms Sri Lanka’s AMW Capital Leasing and Finance at 'BBB(lka)' | 1-Apr-24 | Stocks & Companies | Fitch affirmed AMW Capital Leasing and Finance national long-term rating at 'BBB(lka)'. Outlook remains negative | Fitch affirms Sri Lanka’s AMW Capital Leasing and Finance at 'BBB(lka)' Fitch affirmed AMW Capital Leasing and Finance national long-term rating at 'BBB(lka)'. Outlook remains negative | NEGATIVE | Other |
Sri Lanka's Expolanka Holdings Plc changes director board | 1-Apr-24 | Stocks & Companies | Expolanka shareholders voted to accept share buy back offer of 185.00 at EGM, after company announced delisting | Sri Lanka's Expolanka Holdings Plc changes director board Expolanka shareholders voted to accept share buy back offer of 185.00 at EGM, after company announced delisting | NEGATIVE | Other |
Sri Lanka’s Litro Gas cuts price on rupee appreciation, stock management | 1-Apr-24 | Economy | “We look at the advanced trends and then order stocks. That and the dollar appreciation has caused prices to fall.” | Sri Lanka’s Litro Gas cuts price on rupee appreciation, stock management “We look at the advanced trends and then order stocks. That and the dollar appreciation has caused prices to fall.” | NEGATIVE | Other |
Sri Lanka stocks up in mid-day trade, turnover pushed by Taprobane | 1-Apr-24 | Stocks & Companies | Transactions in Taprobane shares, totaling 1.5 billion, pushed turnover of Colombo Stock Exchange past 2.3bn by noon | Sri Lanka stocks up in mid-day trade, turnover pushed by Taprobane Transactions in Taprobane shares, totaling 1.5 billion, pushed turnover of Colombo Stock Exchange past 2.3bn by noon | NEGATIVE | Other |
Sri Lanka fuel price formula allows for max profit margin of 4 percent: Minister | 1-Apr-24 | Petroleum | If a full 4 percent profit margin is applied, a price increase was due on auto diesel and 92 petrol: Kanchana Wijesekera | Sri Lanka fuel price formula allows for max profit margin of 4 percent: Minister If a full 4 percent profit margin is applied, a price increase was due on auto diesel and 92 petrol: Kanchana Wijesekera | NEGATIVE | Other |
Sri Lanka rupee opens at 300.00/20 to the US dollar | 1-Apr-24 | Bonds & Forex | Bond yields were steady | Sri Lanka rupee opens at 300.00/20 to the US dollar Bond yields were steady | POSITIVE | Other |
Thailand explores Hambantota Port ahead of FTA, box handling | 1-Apr-24 | Logistics | The port’s plans to commence its first phase of container operations was also discussed | Thailand explores Hambantota Port ahead of FTA, box handling The port’s plans to commence its first phase of container operations was also discussed | POSITIVE | Other |
Sri Lanka current account in US$1.6bn surplus in 2023 | 1-Apr-24 | Economy | In the December 2023 quarter Sri Lanka recorded a current account surplus of 237 million US dollars | Sri Lanka current account in US$1.6bn surplus in 2023 In the December 2023 quarter Sri Lanka recorded a current account surplus of 237 million US dollars | NEGATIVE | Other |
Sri Lanka's Rajapakshe says in discussion with religious leaders on common presidential candidate | 1-Apr-24 | Politics | Sri Lanka should have the presidential poll by Oct 18, 2024 | Sri Lanka's Rajapakshe says in discussion with religious leaders on common presidential candidate Sri Lanka should have the presidential poll by Oct 18, 2024 | NEGATIVE | Other |
Sri Lanka cuts super diesel by Rs72, Octane 95 by Rs7 | 31-Mar-24 | Energy | Octane 92 petrol and standard diesel unchanged | Sri Lanka cuts super diesel by Rs72, Octane 95 by Rs7 Octane 92 petrol and standard diesel unchanged | NEGATIVE | Other |
Modi slams India Congress for giving up claims on Kachchthivu island to Sri Lanka | 31-Mar-24 | Politics | This has angered every Indian and reaffirmed in people’s minds- we can’t ever trust Congress | Modi slams India Congress for giving up claims on Kachchthivu island to Sri Lanka This has angered every Indian and reaffirmed in people’s minds- we can’t ever trust Congress | NEGATIVE | Other |
Sri Lanka awaiting RCEP admission mechanism | 31-Mar-24 | Economy | RCEP membership allows for more flexible rules of origin | Sri Lanka awaiting RCEP admission mechanism RCEP membership allows for more flexible rules of origin | NEGATIVE | Other |
Sri Lanka port development taken new turn with China help: Prime Minister | 30-Mar-24 | Logistics | "Colombo port will become a hub, a new developed port with financial instruments that could cater to new demands" | Sri Lanka port development taken new turn with China help: Prime Minister "Colombo port will become a hub, a new developed port with financial instruments that could cater to new demands" | POSITIVE | Other |
Sri Lanka and India discuss implementation of connectivity projects | 30-Mar-24 | Economy | Kwatra has emphasized that now is an opportune moment for both countries to advance agreed-upon project | Sri Lanka and India discuss implementation of connectivity projects Kwatra has emphasized that now is an opportune moment for both countries to advance agreed-upon project | POSITIVE | Other |
Sri Lanka seasonal food protectionist tax to replace SCL from Jan 01 | 30-Mar-24 | Economy | There will be an import duty and a seasonal duty. | Sri Lanka seasonal food protectionist tax to replace SCL from Jan 01 There will be an import duty and a seasonal duty. | NEGATIVE | Food Products |
Sri Lanka earmarks Rs1bn for cricket development | 30-Mar-24 | Sports | Preventing politicians from assuming high positions in sports clubs could contribute to a healthier sporting environment | Sri Lanka earmarks Rs1bn for cricket development Preventing politicians from assuming high positions in sports clubs could contribute to a healthier sporting environment | NEGATIVE | Other |
Sri Lanka’s People’s Bank posts Rs19.3bn pre-tax profit | 29-Mar-24 | Banking | People's Bank is the second largest state bank by assets | Sri Lanka’s People’s Bank posts Rs19.3bn pre-tax profit People's Bank is the second largest state bank by assets | POSITIVE | Other |
Sri Lanka president must priortise debt restructuring, stability over Rajpaksas: Patali | 29-Mar-24 | Politics | "The president must decide what's important, whether to send five Rajapaksas to parliament or to speak to our creditors" | Sri Lanka president must priortise debt restructuring, stability over Rajpaksas: Patali "The president must decide what's important, whether to send five Rajapaksas to parliament or to speak to our creditors" | NEGATIVE | Other |
Cinnamon’s Colombo-focused tourism to bring high-end tourists to Sri Lanka | 29-Mar-24 | Tourism | Urban eco-tourism includes birdwatching in Diyawanna wetlands, volunteering at the zoo, exploring religious sites | Cinnamon’s Colombo-focused tourism to bring high-end tourists to Sri Lanka Urban eco-tourism includes birdwatching in Diyawanna wetlands, volunteering at the zoo, exploring religious sites | POSITIVE | Other |
Sri Lanka's voters will be overjoyed by NPP govt's first cabinet decision: ex MP | 29-Mar-24 | Politics | "If you're sitting down with your plate of rice, be careful." | Sri Lanka's voters will be overjoyed by NPP govt's first cabinet decision: ex MP "If you're sitting down with your plate of rice, be careful." | POSITIVE | Other |
In the political arena, South Asian women face similar hurdles | 29-Mar-24 | Op-ed/Special Reports | In South Asia, women face similar hurdles when breaking into the male-dominated political arena | In the political arena, South Asian women face similar hurdles In South Asia, women face similar hurdles when breaking into the male-dominated political arena | NEGATIVE | Other |
Sri Lanka president to be common, independent candidate at poll: UNP | 29-Mar-24 | Politics | "President Wickremesinghe will contest as an independent national candidate on a common platform." | Sri Lanka president to be common, independent candidate at poll: UNP "President Wickremesinghe will contest as an independent national candidate on a common platform." | POSITIVE | Other |
Sri Lanka needs to cultivate entrepreneurial spirit in schools: Minister | 29-Mar-24 | Education | "Cultivating an entrepreneurial atmosphere within schools greatly aids in fostering future entrepreneurs," | Sri Lanka needs to cultivate entrepreneurial spirit in schools: Minister "Cultivating an entrepreneurial atmosphere within schools greatly aids in fostering future entrepreneurs," | NEGATIVE | Other |
Sri Lanka launches online child sexual abuse reporting portal | 29-Mar-24 | Crime | 3 out of 10 children who are internet users in urban and semi urban areas are being victimized by online perpetrators | Sri Lanka launches online child sexual abuse reporting portal 3 out of 10 children who are internet users in urban and semi urban areas are being victimized by online perpetrators | NEGATIVE | Other |
Sri Lanka trade deficit up 77-pct to Feb, imports surge, rupee appreciates | 29-Mar-24 | Economy | Trade deficit up 817-pct in Jan | Sri Lanka trade deficit up 77-pct to Feb, imports surge, rupee appreciates Trade deficit up 817-pct in Jan | NEGATIVE | Other |
Sri Lanka electricity sector reforms bill to be gazetted | 29-Mar-24 | Energy | New electricity reforms bill to be gazetted in next two weeks and presented to Parliament during April | Sri Lanka electricity sector reforms bill to be gazetted New electricity reforms bill to be gazetted in next two weeks and presented to Parliament during April | NEGATIVE | Other |
Sri Lanka seeks manager to exchange restructured ISBs as talks begin | 28-Mar-24 | Economy | Sri Lanka is starting discussions with bondholders this week to restructure bonds | Sri Lanka seeks manager to exchange restructured ISBs as talks begin Sri Lanka is starting discussions with bondholders this week to restructure bonds | NEGATIVE | Other |
Development Lotteries Board to introduce digital lottery tickets | 28-Mar-24 | Economy | Plans to boost prize money for both regular and newly introduced special lottery tickets | Development Lotteries Board to introduce digital lottery tickets Plans to boost prize money for both regular and newly introduced special lottery tickets | POSITIVE | Other |
Sri Lanka Abans says McDonald's local franchisee mainly owned by its MD, not subsidiary | 28-Mar-24 | Courts | McDonald's outlets have been closed since the court order which is effective till April 4 | Sri Lanka Abans says McDonald's local franchisee mainly owned by its MD, not subsidiary McDonald's outlets have been closed since the court order which is effective till April 4 | NEGATIVE | Other |
Sri Lanka rupee closes at 300.40/50 to the US dollar | 28-Mar-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee closes at 300.40/50 to the US dollar Bond yields were broadly steady. | POSITIVE | Other |
Sri Lanka inflation 0.9-pct in March, prices up 4.3-pct over 18-months | 28-Mar-24 | Economy | Food prices were down 3.6 percent over 18-months | Sri Lanka inflation 0.9-pct in March, prices up 4.3-pct over 18-months Food prices were down 3.6 percent over 18-months | NEGATIVE | Food Products |
Sri Lanka stocks close up, 2.9bn turnover driven by banks | 28-Mar-24 | Stocks & Companies | Hatton National Bank Plc saw the most active volumes traded in the day (411mn), and the share closed up at 180.00. | Sri Lanka stocks close up, 2.9bn turnover driven by banks Hatton National Bank Plc saw the most active volumes traded in the day (411mn), and the share closed up at 180.00. | NEGATIVE | Other |
Patali says willing to run for Sri Lanka president if invited by new alliance | 28-Mar-24 | Politics | "I'm quite confident that I can build this country," he said. | Patali says willing to run for Sri Lanka president if invited by new alliance "I'm quite confident that I can build this country," he said. | POSITIVE | Other |
Sri Lanka's opposition parties make modest gains in voting intent poll | 28-Mar-24 | Politics | Support weakened for the UNP and 'Other' parties, continuing trends since July 2023. | Sri Lanka's opposition parties make modest gains in voting intent poll Support weakened for the UNP and 'Other' parties, continuing trends since July 2023. | NEGATIVE | Other |
Sri Lanka agri officials, food firms learn cutting edge tech in Germany | 28-Mar-24 | Agriculture | On show were freeze drying machines which extends the life of food nearing expiration by another two years | Sri Lanka agri officials, food firms learn cutting edge tech in Germany On show were freeze drying machines which extends the life of food nearing expiration by another two years | NEGATIVE | Food Products |
Sri Lanka to import onions from China after India export ban: Minister | 28-Mar-24 | Agriculture | “Importation is less than before,” | Sri Lanka to import onions from China after India export ban: Minister “Importation is less than before,” | NEGATIVE | Other |
Sri Lanka cuts onion protectionist tax by Rs70 after India export ban | 28-Mar-24 | Economy | Sri Lanka had an Rs80 per kilo protectionist tax on large onions | Sri Lanka cuts onion protectionist tax by Rs70 after India export ban Sri Lanka had an Rs80 per kilo protectionist tax on large onions | NEGATIVE | Other |
Sinopec to double capacity of new refinery in Sri Lanka's Hambantota | 28-Mar-24 | Petroleum | "They intend to sign the agreements for the project and commence work by June 2024," | Sinopec to double capacity of new refinery in Sri Lanka's Hambantota "They intend to sign the agreements for the project and commence work by June 2024," | POSITIVE | Other |
Sri Lanka's Hela Apparel Holdings to directly own Mauritius unit | 28-Mar-24 | Apparel | Hela Apparel Holdings Plc to buy 99,000 shares in Mauritius incorporated company called Hela Brands Limited. | Sri Lanka's Hela Apparel Holdings to directly own Mauritius unit Hela Apparel Holdings Plc to buy 99,000 shares in Mauritius incorporated company called Hela Brands Limited. | NEGATIVE | Consumer Goods Industry |
Sri Lanka Buddhist monk Gnansara thero sentenced to four years RI: report | 28-Mar-24 | Politics | The monk has also been ordered to pay a fine of 100,000 rupees. | Sri Lanka Buddhist monk Gnansara thero sentenced to four years RI: report The monk has also been ordered to pay a fine of 100,000 rupees. | NEGATIVE | Other |
Sri Lanka Customs sets up internal affairs unit, detects bribery | 28-Mar-24 | Legal | The two staffers have already been detained following a complaint | Sri Lanka Customs sets up internal affairs unit, detects bribery The two staffers have already been detained following a complaint | NEGATIVE | Other |
Sri Lanka rupee opens stronger at 300.00/40 to the US dollar | 28-Mar-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee opens stronger at 300.00/40 to the US dollar Bond yields were broadly steady. | POSITIVE | Other |
Xi meets Sri Lanka PM as China eyes main Colombo airport development | 28-Mar-24 | Economic Crisis | Prime Minister Gunawardena is on a six-day official visit to China | Xi meets Sri Lanka PM as China eyes main Colombo airport development Prime Minister Gunawardena is on a six-day official visit to China | POSITIVE | Other |
Sri Lanka EPF gets US$1.85bn in value back as central bank strengthens rupee | 28-Mar-24 | Economy | Most food prices also down from 2022 levels | Sri Lanka EPF gets US$1.85bn in value back as central bank strengthens rupee Most food prices also down from 2022 levels | NEGATIVE | Food Products |
Sri Lanka Treasury bill yields fall across maturities | 27-Mar-24 | Bonds & Forex | Sri Lanka cut rates 50 basis points this week | Sri Lanka Treasury bill yields fall across maturities Sri Lanka cut rates 50 basis points this week | NEGATIVE | Other |
Sri Lanka opens maternity hospital in Galle with Germany's help | 27-Mar-24 | Health | Former Chancellor of Germany, Helmut Kohl, contributed towards construction after witnessing tsunami devastation | Sri Lanka opens maternity hospital in Galle with Germany's help Former Chancellor of Germany, Helmut Kohl, contributed towards construction after witnessing tsunami devastation | POSITIVE | Capital Goods |
Sri Lanka rupee closes at 300.85/301.00 to the US dollar | 27-Mar-24 | Bonds & Forex | Bond yields were stable | Sri Lanka rupee closes at 300.85/301.00 to the US dollar Bond yields were stable | POSITIVE | Other |
Sri Lanka stocks close up, diversified financials, banks drive turnover | 27-Mar-24 | Stocks & Companies | Turnover was at 1.8 billion. Nearly half of this came from trades in the diversified financials and banks sector | Sri Lanka stocks close up, diversified financials, banks drive turnover Turnover was at 1.8 billion. Nearly half of this came from trades in the diversified financials and banks sector | POSITIVE | Other |
Sri Lanka to halt midnight border tax amid corruption concerns | 27-Mar-24 | Economy | SCL is imposed overnight as people are sleeping, without any discussion in parliament | Sri Lanka to halt midnight border tax amid corruption concerns SCL is imposed overnight as people are sleeping, without any discussion in parliament | NEGATIVE | Other |
Review of Sri Lanka noise pollution regulations given to Justice Minister | 27-Mar-24 | Legal | A review of existing laws and regulations on noise pollution in Sri Lanka was conducted by expert committee | Review of Sri Lanka noise pollution regulations given to Justice Minister A review of existing laws and regulations on noise pollution in Sri Lanka was conducted by expert committee | POSITIVE | Other |
Sri Lanka voters need awareness to prevent another economic crisis: Legislator | 27-Mar-24 | Politics | Political analysts say President Wickremesinghe has been unpopular in his career for his reform agenda | Sri Lanka voters need awareness to prevent another economic crisis: Legislator Political analysts say President Wickremesinghe has been unpopular in his career for his reform agenda | NEGATIVE | Other |
Sri Lanka Catholic Church opposed to any reform in abortion law | 27-Mar-24 | Health | Minister of Justice said that religious leaders were blocking attempts to legalise abortion in some instances | Sri Lanka Catholic Church opposed to any reform in abortion law Minister of Justice said that religious leaders were blocking attempts to legalise abortion in some instances | NEGATIVE | Other |
India to facilitate digital public infrastructure for Sri Lanka | 27-Mar-24 | Government services | “We strongly believe that as in the case of India, this is the beginning of the digital magic for Sri Lanka." | India to facilitate digital public infrastructure for Sri Lanka “We strongly believe that as in the case of India, this is the beginning of the digital magic for Sri Lanka." | POSITIVE | Capital Goods |
Sri Lanka liver care facility to offer better outcomes for patients | 27-Mar-24 | Health | M H Omar Liver Care Facility, Ragama to boost Sri Lanka as premier destination for liver transplant surgeries in region | Sri Lanka liver care facility to offer better outcomes for patients M H Omar Liver Care Facility, Ragama to boost Sri Lanka as premier destination for liver transplant surgeries in region | POSITIVE | Other |
Not aware that Sri Lanka ruling party plans to back incumbent: former president | 27-Mar-24 | Politics | "No, I'm not aware of such a thing. These are all statements. It's not something anyone has said publicly, is it?" | Not aware that Sri Lanka ruling party plans to back incumbent: former president "No, I'm not aware of such a thing. These are all statements. It's not something anyone has said publicly, is it?" | NEGATIVE | Other |
Sri Lanka increases minimum wage by Rs5,000 | 27-Mar-24 | Employment | National minimum salary to be increased by 5,000 rupees, from 12,500 rupees to 17,500 rupees | Sri Lanka increases minimum wage by Rs5,000 National minimum salary to be increased by 5,000 rupees, from 12,500 rupees to 17,500 rupees | NEGATIVE | Other |
Sri Lanka will hold presidential poll first, no funds allocated for general election: minister | 27-Mar-24 | Politics | "The presidential election is definitely coming. There is no time to hold a parliamentary election." | Sri Lanka will hold presidential poll first, no funds allocated for general election: minister "The presidential election is definitely coming. There is no time to hold a parliamentary election." | NEGATIVE | Other |
Sri Lanka PM assured debt restructuring support by China | 27-Mar-24 | Economy | Sri Lanka trying to reach deal on China Development Bank debt | Sri Lanka PM assured debt restructuring support by China Sri Lanka trying to reach deal on China Development Bank debt | POSITIVE | Other |
Lack of access to finance major barrier to women’s empowerment in Sri Lanka: study | 27-Mar-24 | Economy | "Disparities in financial and digital literacy hinders access to financial services." | Lack of access to finance major barrier to women’s empowerment in Sri Lanka: study "Disparities in financial and digital literacy hinders access to financial services." | NEGATIVE | Other |
Sri Lanka rupee opens at 301.00/20 to the US dollar | 27-Mar-24 | Bonds & Forex | Bond yields down. | Sri Lanka rupee opens at 301.00/20 to the US dollar Bond yields down. | NEGATIVE | Other |
Sri Lanka to remunerate overnight excess reserves daily from April 01 | 27-Mar-24 | Economy | . | Sri Lanka to remunerate overnight excess reserves daily from April 01 . | NEGATIVE | Other |
Sri Lanka does not look at real effective exchange rate: CB Governor | 27-Mar-24 | Economy | There is no exchange rate target | Sri Lanka does not look at real effective exchange rate: CB Governor There is no exchange rate target | NEGATIVE | Other |
Sri Lanka banks to set up business revival units for troubled borrowers: central bank | 26-Mar-24 | Banking | BRUs will help guide and strengthen small and medium enterprises | Sri Lanka banks to set up business revival units for troubled borrowers: central bank BRUs will help guide and strengthen small and medium enterprises | POSITIVE | Other |
Sri Lanka rupee closes at 301.90/302.00 to the US dollar | 26-Mar-24 | Bonds & Forex | Bond yields steady | Sri Lanka rupee closes at 301.90/302.00 to the US dollar Bond yields steady | POSITIVE | Other |
Sri Lanka stocks close up after interest rate cut | 26-Mar-24 | Stocks & Companies | Turnover was at 2.4 billion. | Sri Lanka stocks close up after interest rate cut Turnover was at 2.4 billion. | NEGATIVE | Other |
Sri Lanka CB urging banks to lower rates for SMEs despite parate suspension | 26-Mar-24 | Banking | Banks have warned that it would make them more cautions and SMEs are likely to have reduced access. | Sri Lanka CB urging banks to lower rates for SMEs despite parate suspension Banks have warned that it would make them more cautions and SMEs are likely to have reduced access. | NEGATIVE | Other |
Sri Lanka CB chief sees end-March FX reserves at “much higher than $4.5 bln” | 26-Mar-24 | Economic Crisis | Sri Lanka cenbank is building reserves after they fell to from less than $500 million in latter part of 2021 | Sri Lanka CB chief sees end-March FX reserves at “much higher than $4.5 bln” Sri Lanka cenbank is building reserves after they fell to from less than $500 million in latter part of 2021 | NEGATIVE | Other |
Sri Lanka economic transformation bill to establish commission, investment zones | 26-Mar-24 | Business | “The bill contains structural, quantitative, and qualitative changes to support future economic development,” | Sri Lanka economic transformation bill to establish commission, investment zones “The bill contains structural, quantitative, and qualitative changes to support future economic development,” | POSITIVE | Other |
Sri Lanka's CODEGEN to set up Port City company | 26-Mar-24 | Investment | CODEGEN Innovations will invest 500,000 US dollars, earn 15 million dollars within 5 years and create 400 jobs. | Sri Lanka's CODEGEN to set up Port City company CODEGEN Innovations will invest 500,000 US dollars, earn 15 million dollars within 5 years and create 400 jobs. | POSITIVE | Other |
Sri Lanka to provide language and skills training for workers going to South Korea | 26-Mar-24 | Migrant workers | 1.5 million dollar grant provided by Korean export import bank to improve courses designed for migrant workers | Sri Lanka to provide language and skills training for workers going to South Korea 1.5 million dollar grant provided by Korean export import bank to improve courses designed for migrant workers | NEGATIVE | Other |
EOIs to be called to select party to promote Sri lanka flagged ships | 26-Mar-24 | Shipping | To promote the island as a location for registering merchant vessels. | EOIs to be called to select party to promote Sri lanka flagged ships To promote the island as a location for registering merchant vessels. | POSITIVE | Other |
Sri Lanka to transfer expressways, some domestic debt to separate SOE | 26-Mar-24 | Economy | RDA expressways, land and related local debt to go the SOE | Sri Lanka to transfer expressways, some domestic debt to separate SOE RDA expressways, land and related local debt to go the SOE | NEGATIVE | Other |
Sri Lanka central bank removes price control on loans | 26-Mar-24 | Banking | Lending rates urged to fall further | Sri Lanka central bank removes price control on loans Lending rates urged to fall further | NEGATIVE | Other |
Sri Lanka earns 3.4bn from coconut water export in Feb: Minister | 26-Mar-24 | Agriculture | "If not for wildlife eating crops this would have been higher" | Sri Lanka earns 3.4bn from coconut water export in Feb: Minister "If not for wildlife eating crops this would have been higher" | NEGATIVE | Agricultural Raw Materials |
Sri Lanka rupee opens at 301.90/302.00 to the US dollar | 26-Mar-24 | Bonds & Forex | Bond yields were down | Sri Lanka rupee opens at 301.90/302.00 to the US dollar Bond yields were down | NEGATIVE | Other |
Sri Lanka central bank cuts rates 50 basis points to 9.50-pct | 26-Mar-24 | Economy | An price control on lending rates removed | Sri Lanka central bank cuts rates 50 basis points to 9.50-pct An price control on lending rates removed | NEGATIVE | Other |
Sri Lanka to introduce Port City, Stolen Asset Recovery laws soon: Justice Minister | 25-Mar-24 | Economy | Sri Lanka plans to pass laws to recover stolen assets, execute insolvency in par with other countries | Sri Lanka to introduce Port City, Stolen Asset Recovery laws soon: Justice Minister Sri Lanka plans to pass laws to recover stolen assets, execute insolvency in par with other countries | NEGATIVE | Other |
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