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Sri Lankans can take to the streets if presidential poll delayed: PAFFREL | 25-Mar-24 | Politics | "Elections don't belong to political parties, governments or political leaders. Elections belong to the people." | Sri Lankans can take to the streets if presidential poll delayed: PAFFREL "Elections don't belong to political parties, governments or political leaders. Elections belong to the people." | NEGATIVE | Other |
Sri Lanka warned against 14-year age of consent plan amid lack of sex education: SLMA | 25-Mar-24 | Health | A child of 14 years who consents for sex is mostly unaware of the potential repercussions of the sexual act | Sri Lanka warned against 14-year age of consent plan amid lack of sex education: SLMA A child of 14 years who consents for sex is mostly unaware of the potential repercussions of the sexual act | NEGATIVE | Other |
Sri Lanka rupee closes at 302.60/70 to the US dollar | 25-Mar-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee closes at 302.60/70 to the US dollar Bond yields were broadly steady. | POSITIVE | Other |
Sri Lanka Minister to provide missing Easter attack report pages to Catholic leaders after complaint | 25-Mar-24 | Defence | Cardinal Malcom Ranjith has said over 1,500 pages containing crucial evidence on Easter attack were missing | Sri Lanka Minister to provide missing Easter attack report pages to Catholic leaders after complaint Cardinal Malcom Ranjith has said over 1,500 pages containing crucial evidence on Easter attack were missing | NEGATIVE | Other |
Sri Lanka stocks close down, turnover stays above 1bn | 25-Mar-24 | Stocks & Companies | Turnover was at 1.2 billion. | Sri Lanka stocks close down, turnover stays above 1bn Turnover was at 1.2 billion. | NEGATIVE | Other |
Sirisena gives statement to CID on Sri Lanka Easter bombings claim | 25-Mar-24 | Politics | "As a country, I think that's what everyone expects," he said. | Sirisena gives statement to CID on Sri Lanka Easter bombings claim "As a country, I think that's what everyone expects," he said. | NEGATIVE | Other |
Sri Lanka to criminalize marital rape: Justice Minister | 25-Mar-24 | Law and Order | Current laws also fail to recognize males as victims of rape. “We want to gender neutralize this" | Sri Lanka to criminalize marital rape: Justice Minister Current laws also fail to recognize males as victims of rape. “We want to gender neutralize this" | NEGATIVE | Other |
Sri Lanka gives free meals to primary schoolchildren to tackle malnutrition | 25-Mar-24 | Education | Program seeks to address nutritional deficiencies among students, enhance attendance rates, instill healthy eating habit | Sri Lanka gives free meals to primary schoolchildren to tackle malnutrition Program seeks to address nutritional deficiencies among students, enhance attendance rates, instill healthy eating habit | POSITIVE | Food Products |
Sri Lanka Prime Minister to meet China President Xi in state visit | 25-Mar-24 | International Relations | Prime Minister Dinesh Gunawardena in China to discuss bilateral relations and development cooperation | Sri Lanka Prime Minister to meet China President Xi in state visit Prime Minister Dinesh Gunawardena in China to discuss bilateral relations and development cooperation | POSITIVE | Other |
Food, health, education immediate goals of NPP-led Sri Lanka govt: AKD | 25-Mar-24 | Politics | "This cannot be transformed overnight or in one or two years. We must accept that." | Food, health, education immediate goals of NPP-led Sri Lanka govt: AKD "This cannot be transformed overnight or in one or two years. We must accept that." | NEGATIVE | Food Products |
WindForce subsidiary Renewgen assumes control of Mahoma Uganda Limited | 25-Mar-24 | Energy | Renewgen, a wholly-owned subsidiary of WindForce Plc, will assume management control of Mahoma Uganda Limited | WindForce subsidiary Renewgen assumes control of Mahoma Uganda Limited Renewgen, a wholly-owned subsidiary of WindForce Plc, will assume management control of Mahoma Uganda Limited | NEGATIVE | Other |
Sri Lanka should not give standing facilities as lender of first resort: Bellwether | 25-Mar-24 | Bellwether | Sri Lanka should impose counterparty limits to liquidity tools and charge a premium | Sri Lanka should not give standing facilities as lender of first resort: Bellwether Sri Lanka should impose counterparty limits to liquidity tools and charge a premium | NEGATIVE | Capital Goods |
Sri Lanka rupee opens stronger at 302.80/303.00 to the US dollar | 25-Mar-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee opens stronger at 302.80/303.00 to the US dollar Bond yields were broadly steady. | POSITIVE | Other |
McDonalds gets court order to stop Sri Lanka franchise: report | 25-Mar-24 | Legal | McDoland's had entered into a Development Agreement with the local franchise on August 21, 1997 | McDonalds gets court order to stop Sri Lanka franchise: report McDoland's had entered into a Development Agreement with the local franchise on August 21, 1997 | NEGATIVE | Other |
Sri Lanka central govt debt at 105-pct of GDP in Dec 2023: analysis | 25-Mar-24 | Economy | Publicly guaranteed debt went up with a new Treasury guarantee for central bank borrowings from India | Sri Lanka central govt debt at 105-pct of GDP in Dec 2023: analysis Publicly guaranteed debt went up with a new Treasury guarantee for central bank borrowings from India | NEGATIVE | Other |
Sri Lanka prisoners earn cash from work programs | 24-Mar-24 | Legal | A part of their earnings are credited to a bank account | Sri Lanka prisoners earn cash from work programs A part of their earnings are credited to a bank account | NEGATIVE | Other |
Sri Lanka coconut prices up 0.79-pct at auction | 24-Mar-24 | Agriculture | Highest and lowest prices down from a week ago | Sri Lanka coconut prices up 0.79-pct at auction Highest and lowest prices down from a week ago | NEGATIVE | Other |
Sri Lanka police minister orders probe into ex-president’s Easter attack remarks | 24-Mar-24 | Courts | Sirisena said he can reveal the plotter behind Easter Sunday attack if a court requests | Sri Lanka police minister orders probe into ex-president’s Easter attack remarks Sirisena said he can reveal the plotter behind Easter Sunday attack if a court requests | NEGATIVE | Other |
IMF sees no problem in Sri Lanka central bank building reserves with fx swaps | 24-Mar-24 | Economy | This can either be swaps with domestic banks, but also swaps with other central banks | IMF sees no problem in Sri Lanka central bank building reserves with fx swaps This can either be swaps with domestic banks, but also swaps with other central banks | NEGATIVE | Other |
Sri Lanka central bank says senior management decided to review salary hike | 24-Mar-24 | Economy | The salary hike was initially defended on the basis of central bank independence | Sri Lanka central bank says senior management decided to review salary hike The salary hike was initially defended on the basis of central bank independence | NEGATIVE | Other |
High emigration rate of Sri Lanka medical professionals: President | 23-Mar-24 | Health | Wickremesinghe noted that approximately 30 to 40 out of every 100 doctors or nurses trained in the country opt to leave | High emigration rate of Sri Lanka medical professionals: President Wickremesinghe noted that approximately 30 to 40 out of every 100 doctors or nurses trained in the country opt to leave | NEGATIVE | Other |
Sri Lanka exports marginally up in Feb 2024 | 23-Mar-24 | Economy | Export to UK and US up | Sri Lanka exports marginally up in Feb 2024 Export to UK and US up | NEGATIVE | Other |
Sri Lanka releases land held by military in North | 23-Mar-24 | Construction and Real Estate | Lands held by the Jaffna Security Force Headquarters in Jaffna were released to people | Sri Lanka releases land held by military in North Lands held by the Jaffna Security Force Headquarters in Jaffna were released to people | NEGATIVE | Other |
Sri Lanka’s ex-President Sirisena draws spotlight saying he can reveal Easter bomb plotters | 23-Mar-24 | Defence | Catholic leaders have demanded independent probe into the 2019 attack | Sri Lanka’s ex-President Sirisena draws spotlight saying he can reveal Easter bomb plotters Catholic leaders have demanded independent probe into the 2019 attack | POSITIVE | Other |
Foreigners to be offered driving license at airport, demerit system from April | 22-Mar-24 | Accidents | Fees for obtaining driving license: USD25 for one month, USD50 for three months, USD75 for six months, USD200 for year | Foreigners to be offered driving license at airport, demerit system from April Fees for obtaining driving license: USD25 for one month, USD50 for three months, USD75 for six months, USD200 for year | NEGATIVE | Other |
Japan promises to financially back Sri Lanka after signing bilateral creditor deal: FM | 22-Mar-24 | International Relations | Bilateral relationship with Japan suffered after former leader Gotabaya Rajapaksa cancelled LRT | Japan promises to financially back Sri Lanka after signing bilateral creditor deal: FM Bilateral relationship with Japan suffered after former leader Gotabaya Rajapaksa cancelled LRT | NEGATIVE | Other |
Sri Lanka rupee closes at 303.30/45 to the US dollar | 22-Mar-24 | Bonds & Forex | Bond yields were broadly steady. | Sri Lanka rupee closes at 303.30/45 to the US dollar Bond yields were broadly steady. | POSITIVE | Other |
Sri Lanka stocks close up after IMF announcement | 22-Mar-24 | Stocks & Companies | "There was an overall positive outlook in the market today, possibly due to the IMF news and negotiating on the bonds" | Sri Lanka stocks close up after IMF announcement "There was an overall positive outlook in the market today, possibly due to the IMF news and negotiating on the bonds" | POSITIVE | Other |
Sri Lanka cabinet to discuss on handling foreign research vessels: sources | 22-Mar-24 | International Relations | Sri Lanka has banned foreign research vessels for one year until it build capacity, govt has said. | Sri Lanka cabinet to discuss on handling foreign research vessels: sources Sri Lanka has banned foreign research vessels for one year until it build capacity, govt has said. | NEGATIVE | Other |
Sri Lanka tea production up 6.7-pct in Feb 2024, exports up 20-pct | 22-Mar-24 | Tea | Export earnings were reported at 127 million US dollars | Sri Lanka tea production up 6.7-pct in Feb 2024, exports up 20-pct Export earnings were reported at 127 million US dollars | NEGATIVE | Other |
Sri Lanka must hold parliamentary elections first: Mahinda Rajapaksa | 22-Mar-24 | Politics | "We're ready for any election. But the best thing is what Basil has proposed." | Sri Lanka must hold parliamentary elections first: Mahinda Rajapaksa "We're ready for any election. But the best thing is what Basil has proposed." | POSITIVE | Other |
Sri Lanka, Israel sign deals for more workers to feed war machine | 22-Mar-24 | Employment | Minister of Labour and Foreign Employment Manusha Nanayakkara has said he signed several agreements | Sri Lanka, Israel sign deals for more workers to feed war machine Minister of Labour and Foreign Employment Manusha Nanayakkara has said he signed several agreements | NEGATIVE | Other |
Thai Airways, Maldivian to resume Sri Lanka flights from April | 22-Mar-24 | Aviation | The Maldivian will start twice weekly flights from April 25 | Thai Airways, Maldivian to resume Sri Lanka flights from April The Maldivian will start twice weekly flights from April 25 | NEGATIVE | Other |
Sri Lanka speaker claims MPs who signed NCM urged him to take over | 22-Mar-24 | Politics | "Personally, I believe I have acted according to the constitution and to my conscience," he said. | Sri Lanka speaker claims MPs who signed NCM urged him to take over "Personally, I believe I have acted according to the constitution and to my conscience," he said. | NEGATIVE | Other |
Sri Lanka rupee opens at 303.55/70 to the US dollar | 22-Mar-24 | Bonds & Forex | Bond yields steady | Sri Lanka rupee opens at 303.55/70 to the US dollar Bond yields steady | POSITIVE | Other |
IMF urges Sri Lanka public finance law, debt progress to complete review | 22-Mar-24 | Economy | Some reforms are still ongoing | IMF urges Sri Lanka public finance law, debt progress to complete review Some reforms are still ongoing | NEGATIVE | Other |
IMF urges transparency in Sri Lanka Central Bank’s salary benchmarking | 22-Mar-24 | Economy | The Central Bank's salary hike has angered public sector employees | IMF urges transparency in Sri Lanka Central Bank’s salary benchmarking The Central Bank's salary hike has angered public sector employees | NEGATIVE | Other |
IMF ready to listen alternative views, but Sri Lanka is on “knife edged path”: Mission Head | 21-Mar-24 | Economic Crisis | Many Sri Lankan political parties want to renegotiate the IMF deal amid public grumbling over higher taxes | IMF ready to listen alternative views, but Sri Lanka is on “knife edged path”: Mission Head Many Sri Lankan political parties want to renegotiate the IMF deal amid public grumbling over higher taxes | NEGATIVE | Other |
Sri Lanka central bank to suspend salary hike from next month: COPF chair | 21-Mar-24 | Economy | The central bank's accountability to parliament established | Sri Lanka central bank to suspend salary hike from next month: COPF chair The central bank's accountability to parliament established | NEGATIVE | Other |
Sri Lanka rupee closes at 303.85/95 to the US dollar | 21-Mar-24 | Bonds & Forex | Bond yields were up | Sri Lanka rupee closes at 303.85/95 to the US dollar Bond yields were up | NEGATIVE | Other |
Sri Lanka stocks close down, selling pressure continues | 21-Mar-24 | Stocks & Companies | "The downward trend is continuing, this could possibly be because of profit-taking," | Sri Lanka stocks close down, selling pressure continues "The downward trend is continuing, this could possibly be because of profit-taking," | NEGATIVE | Other |
Sri Lanka reaches staff level agreement with IMF: Statement | 21-Mar-24 | Economy | Board approval is subject to completing some prior actions and more progress on debt restructuring | Sri Lanka reaches staff level agreement with IMF: Statement Board approval is subject to completing some prior actions and more progress on debt restructuring | POSITIVE | Other |
Sri Lanka fertiliser subsidy for Yala season to cost Rs7.5 bn | 21-Mar-24 | Agriculture | Department of Agrarian Development has made arrangements to transfer 15,000 rupees per hectare to the farmers’ account... | Sri Lanka fertiliser subsidy for Yala season to cost Rs7.5 bn Department of Agrarian Development has made arrangements to transfer 15,000 rupees per hectare to the farmers’ account... | NEGATIVE | Other |
Only centre-right UNP can save Sri Lanka's economy: Navin Dissanayake | 21-Mar-24 | Politics | "My brother and I are committed to continue on the political path my father had envisioned," he said. | Only centre-right UNP can save Sri Lanka's economy: Navin Dissanayake "My brother and I are committed to continue on the political path my father had envisioned," he said. | POSITIVE | Other |
Sri Lanka to commence Mahaweli A, B zone development: president | 21-Mar-24 | Agriculture | "We can start this by 2026," he said. | Sri Lanka to commence Mahaweli A, B zone development: president "We can start this by 2026," he said. | POSITIVE | Other |
Sri Lanka's Cargills launches EV charging facility at supermarket chain | 21-Mar-24 | Autos | 'Charge while you shop' initiative to offer electric vehicle charging stations at multiple Cargills retail locations | Sri Lanka's Cargills launches EV charging facility at supermarket chain 'Charge while you shop' initiative to offer electric vehicle charging stations at multiple Cargills retail locations | NEGATIVE | Other |
Sri Lanka’s UB Finance to raise Rs254mn equity to boost capital | 21-Mar-24 | Stocks & Companies | To comply with the minimum regulatory core capital requirement stipulated by the CBSL | Sri Lanka’s UB Finance to raise Rs254mn equity to boost capital To comply with the minimum regulatory core capital requirement stipulated by the CBSL | NEGATIVE | Other |
Sri Lanka rupee expected to reach 280 to US dollar by June: President | 21-Mar-24 | Bonds & Forex | Then the prices of goods will fall. Next year the rupee may strengthen even more | Sri Lanka rupee expected to reach 280 to US dollar by June: President Then the prices of goods will fall. Next year the rupee may strengthen even more | POSITIVE | Other |
India Indigo to fly to Sri Lanka's Jaffna | 21-Mar-24 | Aviation | India's Alliance Air already operates daily flights to Jaffna | India Indigo to fly to Sri Lanka's Jaffna India's Alliance Air already operates daily flights to Jaffna | NEGATIVE | Other |
Sri Lanka rupee opens at 303.90/304.00 to the US dollar | 21-Mar-24 | Stocks & Companies | Bond yields were up. | Sri Lanka rupee opens at 303.90/304.00 to the US dollar Bond yields were up. | POSITIVE | Other |
Sri Lanka chamber to hold summit on climate threat | 21-Mar-24 | Business | CCC climate summit will bring together key stakeholders to identify threats to economy and actions businesses can take | Sri Lanka chamber to hold summit on climate threat CCC climate summit will bring together key stakeholders to identify threats to economy and actions businesses can take | POSITIVE | Other |
Sri Lanka's Adani wind power price lowered to 8.85 cents: Minister | 21-Mar-24 | Energy | They are now proposing 8.85 US cents or about 26.90 rupees | Sri Lanka's Adani wind power price lowered to 8.85 cents: Minister They are now proposing 8.85 US cents or about 26.90 rupees | NEGATIVE | Other |
Sri Lanka team to Europe to begin negotiations with bondholders: President | 21-Mar-24 | Economy | I expect to complete all these matters by June-July | Sri Lanka team to Europe to begin negotiations with bondholders: President I expect to complete all these matters by June-July | POSITIVE | Other |
Indian Adani Group says “vicious campaign” against its Sri Lanka wind project | 21-Mar-24 | Energy | EIA, tariff questioned in Adani's proposed wind power project in Mannar | Indian Adani Group says “vicious campaign” against its Sri Lanka wind project EIA, tariff questioned in Adani's proposed wind power project in Mannar | NEGATIVE | Other |
Sri Lanka to sign "sister district" deal with China’s Chongqing for investments | 20-Mar-24 | Economy | Sri Lanka to start sister district concept in Kalutara as a model project | Sri Lanka to sign "sister district" deal with China’s Chongqing for investments Sri Lanka to start sister district concept in Kalutara as a model project | POSITIVE | Other |
Sri Lanka to bring new law to improve financial governance: president | 20-Mar-24 | Politics | The benefits of the growing economy are meant for everyone, not just a select few, he said. | Sri Lanka to bring new law to improve financial governance: president The benefits of the growing economy are meant for everyone, not just a select few, he said. | POSITIVE | Other |
Sri Lanka stocks close down, interest in Sampath Bank | 20-Mar-24 | Stocks & Companies | Turnover was at 910 million. A big part (123mn) came from trades in Sampath Bank Plc, the share closed up at 78.00. | Sri Lanka stocks close down, interest in Sampath Bank Turnover was at 910 million. A big part (123mn) came from trades in Sampath Bank Plc, the share closed up at 78.00. | NEGATIVE | Other |
Sri Lanka rupee closes at 304.00/20 to the US dollar | 20-Mar-24 | Bonds & Forex | Bond yields were broadly steady | Sri Lanka rupee closes at 304.00/20 to the US dollar Bond yields were broadly steady | POSITIVE | Other |
Sri Lanka doctors' association threatens action against private medical universities | 20-Mar-24 | Education | "The government is again trying to create a major problem in the country," he said. | Sri Lanka doctors' association threatens action against private medical universities "The government is again trying to create a major problem in the country," he said. | NEGATIVE | Other |
Sri Lanka doctors' association threatens action against private medical universities | 20-Mar-24 | Education | "The government is again trying to create a major problem in the country," he said. | Sri Lanka doctors' association threatens action against private medical universities "The government is again trying to create a major problem in the country," he said. | NEGATIVE | Other |
Sri Lanka Treasuries yields up across maturities | 20-Mar-24 | Bonds & Forex | More three month bills sold and less 12 month bills sold | Sri Lanka Treasuries yields up across maturities More three month bills sold and less 12 month bills sold | NEGATIVE | Other |
Sri Lanka parliament's COPF recommends suspending central bank salary hike | 20-Mar-24 | Economy | The committee should come up with a transparent system for deciding salaries in the future | Sri Lanka parliament's COPF recommends suspending central bank salary hike The committee should come up with a transparent system for deciding salaries in the future | NEGATIVE | Other |
NPP's AKD calls Sri Lanka speaker a parasite | 20-Mar-24 | Political News | Government legislator retorts NPP wolf in sheep clothing | NPP's AKD calls Sri Lanka speaker a parasite Government legislator retorts NPP wolf in sheep clothing | NEGATIVE | Consumer Goods Industry |
Sri Lanka ready to make ongoing reforms a law, minister tells IMF | 20-Mar-24 | Economic Crisis | Government has also taken steps to increase the number of tax files, | Sri Lanka ready to make ongoing reforms a law, minister tells IMF Government has also taken steps to increase the number of tax files, | POSITIVE | Other |
Sri Lanka Customs officers back to work on March 20 | 20-Mar-24 | Economy | Good stuck at port due to delayed clearing will be processed from early morning. | Sri Lanka Customs officers back to work on March 20 Good stuck at port due to delayed clearing will be processed from early morning. | NEGATIVE | Other |
ADB to support green bonds, PPPs in Sri Lanka crisis recovery | 20-Mar-24 | Economy | ADB will consider supporting properly structured PPP | ADB to support green bonds, PPPs in Sri Lanka crisis recovery ADB will consider supporting properly structured PPP | NEGATIVE | Other |
Sri Lanka calls competitive tender for 50MW Mannar plant with bird radar | 20-Mar-24 | Energy | The radars will detect any incoming flocks towards and shut down the turbines | Sri Lanka calls competitive tender for 50MW Mannar plant with bird radar The radars will detect any incoming flocks towards and shut down the turbines | NEGATIVE | Other |
Sri Lanka rupee opens at 304.40/70 to the US dollar | 20-Mar-24 | Bonds & Forex | Bond yields steady | Sri Lanka rupee opens at 304.40/70 to the US dollar Bond yields steady | POSITIVE | Other |
Sri Lanka gives tax-payer guarantee to central bank's US$2.45bn India debt | 20-Mar-24 | Economy | A ceiling on Treasury guarantees were raised after the last IMF review | Sri Lanka gives tax-payer guarantee to central bank's US$2.45bn India debt A ceiling on Treasury guarantees were raised after the last IMF review | NEGATIVE | Other |
Sri Lanka says foreign research ships allowed to replenish after Chinese protest | 20-Mar-24 | Uncategorized | Accommodating Indian protests,, Sri Lanka has banned research ships for 1 year | Sri Lanka says foreign research ships allowed to replenish after Chinese protest Accommodating Indian protests,, Sri Lanka has banned research ships for 1 year | NEGATIVE | Other |
Sri Lanka to study moving CPC oil refinery to Trinco | 19-Mar-24 | Energy | The move is considered in the light of the development of a tank farm in Trincomalee | Sri Lanka to study moving CPC oil refinery to Trinco The move is considered in the light of the development of a tank farm in Trincomalee | POSITIVE | Other |
Basil reiterates call for Sri Lanka parliamentary polls before presidential election | 19-Mar-24 | Politics | "What he was indirectly saying there was that Mr Wickremesinghe is suitable to run." | Basil reiterates call for Sri Lanka parliamentary polls before presidential election "What he was indirectly saying there was that Mr Wickremesinghe is suitable to run." | NEGATIVE | Other |
Sri Lanka to give free rice to 2.74mn families, fertilizer subsidy as polls loom | 19-Mar-24 | Economy | The rice handout will be given for two months | Sri Lanka to give free rice to 2.74mn families, fertilizer subsidy as polls loom The rice handout will be given for two months | NEGATIVE | Other |
Sri Lanka president told cabinet he'll contest election: UNP gen secy | 19-Mar-24 | Politics | "He told the cabinet. He said today too. He has said which election would be held and that he'd be running," he said. | Sri Lanka president told cabinet he'll contest election: UNP gen secy "He told the cabinet. He said today too. He has said which election would be held and that he'd be running," he said. | NEGATIVE | Other |
China protests against Sri Lanka allowing German research ship amid 1-year ban: sources | 19-Mar-24 | International Relations | Sri Lanka temporarily banned foreign research vessels after Indian concerns over Chinese vessels | China protests against Sri Lanka allowing German research ship amid 1-year ban: sources Sri Lanka temporarily banned foreign research vessels after Indian concerns over Chinese vessels | NEGATIVE | Other |
Sri Lanka rupee closes at 303.95/304.05 to the US dollar | 19-Mar-24 | Bonds & Forex | Bond yields were down | Sri Lanka rupee closes at 303.95/304.05 to the US dollar Bond yields were down | NEGATIVE | Other |
India pledges 61.5 million dollar grant for Jaffna KKS port Sri Lanka says | 19-Mar-24 | Tourism | A new breakwater will be constructed, and the port will be dredged up to a depth of 30 metres for deep-draft vessels. | India pledges 61.5 million dollar grant for Jaffna KKS port Sri Lanka says A new breakwater will be constructed, and the port will be dredged up to a depth of 30 metres for deep-draft vessels. | NEGATIVE | Other |
Six Sri Lanka opposition MPs resign from COPE over integrity issue | 19-Mar-24 | Political News | Opposition MPs raise concerns over alleged corruption of some COPE members | Six Sri Lanka opposition MPs resign from COPE over integrity issue Opposition MPs raise concerns over alleged corruption of some COPE members | NEGATIVE | Other |
Sri Lanka stocks close down, turnover at 4bn | 19-Mar-24 | Stocks & Companies | Turnover was at 4 billion. Most of this (2.9mn) came from an off board crossing on LOLC Finance Plc | Sri Lanka stocks close down, turnover at 4bn Turnover was at 4 billion. Most of this (2.9mn) came from an off board crossing on LOLC Finance Plc | NEGATIVE | Other |
Speaker's endorsement required to ensure a Sri Lanka law is 'duly passed': Sumanthiran | 19-Mar-24 | Parliament | Opposition said clauses in online safety act to police social media were against constitution | Speaker's endorsement required to ensure a Sri Lanka law is 'duly passed': Sumanthiran Opposition said clauses in online safety act to police social media were against constitution | NEGATIVE | Other |
No confidence motion against Sri Lanka Speaker taken up in parliament | 19-Mar-24 | Parliament | Speaker accused of ignoring opposition protests and Supreme Court ruling when passing Online Safety Bill | No confidence motion against Sri Lanka Speaker taken up in parliament Speaker accused of ignoring opposition protests and Supreme Court ruling when passing Online Safety Bill | NEGATIVE | Other |
Sri Lanka drafting amendments to archaeology act to address shortcomings | 19-Mar-24 | Politics | "If we say we're going to release those eight people, then it means we're doing the court's work." | Sri Lanka drafting amendments to archaeology act to address shortcomings "If we say we're going to release those eight people, then it means we're doing the court's work." | NEGATIVE | Other |
Bid to install solar panels in Sri Lanka places of worship awarded to Premier Energies Ltd | 19-Mar-24 | Energy | USD17mn dollars from Indian credit line to be used to install solar power systems in places of worship in Sri Lanka | Bid to install solar panels in Sri Lanka places of worship awarded to Premier Energies Ltd USD17mn dollars from Indian credit line to be used to install solar power systems in places of worship in Sri Lanka | NEGATIVE | Other |
Sri Lanka to spin off CPC refinery to attract capital | 19-Mar-24 | Energy | Plans to modernize refinery and extend its life | Sri Lanka to spin off CPC refinery to attract capital Plans to modernize refinery and extend its life | NEGATIVE | Other |
Sri Lanka cabinet nod to elect 160 members on first-past-the-post system | 19-Mar-24 | Parliament | 160 of 225 MPs through first-past-the-post method, while 65 through proportional representation system | Sri Lanka cabinet nod to elect 160 members on first-past-the-post system 160 of 225 MPs through first-past-the-post method, while 65 through proportional representation system | NEGATIVE | Other |
Sri Lanka rupee opens at 303.90/304.05 to the US dollar | 19-Mar-24 | Bonds & Forex | Bond yields steady | Sri Lanka rupee opens at 303.90/304.05 to the US dollar Bond yields steady | POSITIVE | Other |
Sri Lanka discussing governance, public finance laws with IMF mission | 19-Mar-24 | Economy | There has been a lot of discussion on improving governance and zero-tolerance of corruption | Sri Lanka discussing governance, public finance laws with IMF mission There has been a lot of discussion on improving governance and zero-tolerance of corruption | POSITIVE | Other |
Sri Lanka owned UAE firm claims first Hummer EV conversion to right hard drive | 18-Mar-24 | Business | The firm has shifted operations to Ras Al-Khaimah in the UAE | Sri Lanka owned UAE firm claims first Hummer EV conversion to right hard drive The firm has shifted operations to Ras Al-Khaimah in the UAE | NEGATIVE | Other |
Sri Lanka rupee closes at 304.35/50 to the US dollar | 18-Mar-24 | Bonds & Forex | Bond yields were down. | Sri Lanka rupee closes at 304.35/50 to the US dollar Bond yields were down. | NEGATIVE | Other |
Sri Lanka stocks close down after two-week run, amidst profit taking | 18-Mar-24 | Stocks & Companies | Turnover was at 1.3 billion. Crossings on Hayleys Fabric Plc, Hatton National Bank Plc contributed | Sri Lanka stocks close down after two-week run, amidst profit taking Turnover was at 1.3 billion. Crossings on Hayleys Fabric Plc, Hatton National Bank Plc contributed | NEGATIVE | Other |
Sri Lanka gets Japan support to fight oil spill disasters | 18-Mar-24 | Economy | Japan gives Sri Lanka 3.3 billion rupee grant for oil spill management, health care and vocational training | Sri Lanka gets Japan support to fight oil spill disasters Japan gives Sri Lanka 3.3 billion rupee grant for oil spill management, health care and vocational training | POSITIVE | Other |
Eran resigns from COPE, slamming questionable appointees, standing orders | 18-Mar-24 | Political News | Members of chairperson, must not be associated with allegations and/or convictions | Eran resigns from COPE, slamming questionable appointees, standing orders Members of chairperson, must not be associated with allegations and/or convictions | NEGATIVE | Other |
Sri Lanka Archaeology Dept to continue excavations in the East: Minister | 18-Mar-24 | Race Relations | 996 archeological sites had been identified in Ampara and Batticaloa Districts. | Sri Lanka Archaeology Dept to continue excavations in the East: Minister 996 archeological sites had been identified in Ampara and Batticaloa Districts. | POSITIVE | Other |
Sri Lanka’s NDB plans Rs10bn from debt sale | 18-Mar-24 | Stocks & Companies | National Development Bank Plc said it was planning to raise upto 10bn through a Basel III compliant debenture sale | Sri Lanka’s NDB plans Rs10bn from debt sale National Development Bank Plc said it was planning to raise upto 10bn through a Basel III compliant debenture sale | NEGATIVE | Other |
Prison labour earns Sri Lanka 116 million rupees in 2023: State Minister | 18-Mar-24 | Business | Sri Lanka’s Department of Prisons has earned 116 million rupees through inmate labour, particularly that of women | Prison labour earns Sri Lanka 116 million rupees in 2023: State Minister Sri Lanka’s Department of Prisons has earned 116 million rupees through inmate labour, particularly that of women | NEGATIVE | Other |
ADB approves US$100mn Sri Lanka SME loan | 18-Mar-24 | Banking | Women led SMEs to get support | ADB approves US$100mn Sri Lanka SME loan Women led SMEs to get support | POSITIVE | Other |
Sri Lanka rupee opens stronger at 304.60/65 to the US dollar | 18-Mar-24 | Bonds & Forex | Bond yields were down. | Sri Lanka rupee opens stronger at 304.60/65 to the US dollar Bond yields were down. | NEGATIVE | Other |
Sri Lanka private credit down in Jan 2024 | 18-Mar-24 | Economy | Central bank credit also down | Sri Lanka private credit down in Jan 2024 Central bank credit also down | NEGATIVE | Other |
Sri Lanka negotiating PPA for J/V solar power plant with India's NTPS | 17-Mar-24 | Energy | The negotiations are ongoing in the modalities | Sri Lanka negotiating PPA for J/V solar power plant with India's NTPS The negotiations are ongoing in the modalities | POSITIVE | Other |
Pho Vietnam restaurant launches Banh Mi as Sri Lanka economy recovers | 17-Mar-24 | Business | There are more tourists and also expats. | Pho Vietnam restaurant launches Banh Mi as Sri Lanka economy recovers There are more tourists and also expats. | NEGATIVE | Other |
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