An Echelon Media Company
Thursday March 23rd, 2023

Sri Lanka establishes committee to investigate aircraft incidents

From 2003 – 2021, Sri Lanka has encountered around 2,700 aircraft accidents and incidents.

2 min read

Sri Lanka bond yields steady, Rupee 319/325 at close

Sri Lanka rupee closed at 319/325 against the US dollar depreciating from 318/320 from a day earlier.

1 min read

Sri Lanka shares dive to two-week low on local debt restructuring fears

(ASPI) closed down 1.38 percent or 131.07 points to 9,395.98, lowest since March 02.

2 min read

Japan donates USD 1.6mn to Sri Lankan women impacted by economic hardships

Women-led enterprises in the districts of Ampara, Colombo, Monaragala, Vavuniya and Mullaitivu.

1 min read

Sri Lanka SJB meets diplomats, denies govt claims of attempting to influence IMF

“We too have a right to hold talks with embassies and activate the election process,” said Premadasa.

3 min read

Sri Lanka's shares edge down in mid day trade

All Share Price Index was down 0.87 percent or 82.84 points to 9,444.21.

1 min read

Sri Lanka bond yields down, Rupee opens at 310/320 against US dollar

Sri Lanka rupee opened at 310/320 rupees against the US dollar.

Sri Lanka may have to pay up to 4-pct interest, extra surcharges, on IMF loan: Minister

If Fund credit outstanding remains above 187.5 percent of quota for over 3 years, the surcharge rises to 3 percent.

Neshella Perera
Fed hikes rates 25bp amid M2 contraction

The U.S. banking system is sound and resilient

Sri Lanka President raps opposition for acting against IMF deal after approval

Opposition backed state sector trade unions led protest against tax hike

Sri Lanka shares fall at close on local debt restructuring speculation after IMF approval

(ASPI) closed down 0.81 percent or 77.38 points to 9,527.05.

Sri Lanka bond yields down, t-bills up at close

Sri Lanka’s treasury bond yields were down while t-bills edged up at close on Wednesday, following a bill auction.

Latest Last
US Dollar 328.6083 334.9328
UK Pound 404.2407 411.1914
Euro 358.1529 359.7836
Aus Dollar 221.9914 225.8025
Yen 2.5191 2.5583
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.8504 4.0593
Korea Won 0.2471 0.2566
Oman Rial 824.2395 870.3981
Saudi Riyal 84.4779 89.2088
UAE Dirham 86.3927 91.2333
Source: Central Bank/Indicative
pts %
S&P SL20 2,722.94 -1.64%
CSE All Share 9,395.98 -1.38%
Turnover Rs million 3,437,599,160 1,512,188,680
Source: CSE
Latest Last
3-m bill 26.95 28.13
6-m bill 26.26 27.13
12-m bill 25.26 26.11
5-yr bond 26.01 25.82
8-yr bond 24.73 24.73
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative
Sri Lanka President raps opposition for acting against IMF deal after approval

Opposition backed state sector trade unions led protest against tax hike

4 min read

Sri Lanka shares fall at close on local debt restructuring speculation after IMF approval

(ASPI) closed down 0.81 percent or 77.38 points to 9,527.05.

2 min read

Sri Lanka bond yields down, t-bills up at close

Sri Lanka’s treasury bond yields were down while t-bills edged up at close on Wednesday, following a bill auction.

1 min read

Watch: EY's Manil Jayesinghe on tax reforms and how EY helps clients navigate the crisis

The challenges confronting Sri Lanka and the need to restore credibility

Latest Last
US Dollar 328.6083 334.9328
UK Pound 404.2407 411.1914
Euro 358.1529 359.7836
Aus Dollar 221.9914 225.8025
Yen 2.5191 2.5583
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.8504 4.0593
Korea Won 0.2471 0.2566
Oman Rial 824.2395 870.3981
Saudi Riyal 84.4779 89.2088
UAE Dirham 86.3927 91.2333
Source: Central Bank/Indicative
pts %
S&P SL20 2,722.94 -1.64%
CSE All Share 9,395.98 -1.38%
Turnover Rs million 3,437,599,160 1,512,188,680
Source: CSE
Latest Last
3-m bill 26.95 28.13
6-m bill 26.26 27.13
12-m bill 25.26 26.11
5-yr bond 26.01 25.82
8-yr bond 24.73 24.73
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative
Latest Last
US Dollar 328.6083 334.9328
UK Pound 404.2407 411.1914
Euro 358.1529 359.7836
Aus Dollar 221.9914 225.8025
Yen 2.5191 2.5583
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.8504 4.0593
Korea Won 0.2471 0.2566
Oman Rial 824.2395 870.3981
Saudi Riyal 84.4779 89.2088
UAE Dirham 86.3927 91.2333
Source: Central Bank/Indicative
pts %
S&P SL20 2,722.94 -1.64%
CSE All Share 9,395.98 -1.38%
Turnover Rs million 3,437,599,160 1,512,188,680
Source: CSE
Latest Last
3-m bill 26.95 28.13
6-m bill 26.26 27.13
12-m bill 25.26 26.11
5-yr bond 26.01 25.82
8-yr bond 24.73 24.73
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka bond yields down, t-bills up at close

Sri Lanka’s treasury bond yields were down while t-bills edged up at close on Wednesday, following a bill auction.

1 min read

Sri Lanka bill yields fall across maturities at auction

All maturities fell more than 100 basis points

1 min read

IFS Sri Lanka: 25 years and beyond

The company celebrates a quarter century in the country and looks to expand its capabilities further

5 min read

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Sri Lanka, private creditors should make call on state contingent bonds: IMF official

it's really up to them to find some kind of instrument that works for both parties

1 min read

Ceylon Chamber of Commerce calls for public support for Sri Lanka IMF programme

“The country cannot afford any pauses in the programme, or returning for an 18th program with the IMF."

3 min read

Sri Lanka rupee stronger at Rs318/320 to US dollar

The rupee has appreciated from 360 to the US dollar

1 min read

Sri Lanka President seeks parliament nod for creditor negotiations

The approval will be needed by the third week of April

1 min read

Sri Lanka's shares edge down in mid day trade

All Share Price Index was down 0.04 percent or 4.20 points to 9,600.23.

2 min read

Sri Lanka to link wages and pensions to inflation: President

But this adjustment will be done within the limits of a primary deficit

1 min read

Sri Lanka central bank buys US$950mn amid negative credit so far 2023

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2 min read

Sri Lanka private creditors mull GDP-linked downside bond for debt re-structure

A State Contingent Debt Instruments would have payouts linked to economic performance

3 min read

Sri Lanka's Senaro Motors to export locally assembled motorbikes to Kenya

Senaro wants to expand its international market after exporting to Kenya

Neshella Perera

2 min read

Sri Lanka bond yields down; Rupee closes 321/323

Rupee closed at stronger at 321/323 against the US dollar on Tuesday, from 332/335 on Monday.

1 min read

Sri Lanka Power Minister assures to cut fuel prices in April

Fuel prices have been more than tripled in the last 12 months after the country faced shortage

2 min read

Sri Lanka stocks end a five day rally on banking sector concerns over domestic debt restructuring

"Market continued to dip,on banking counters as the IMF approval has triggered concerns over domestic debt restructuring

2 min read

Sri Lanka banks may need Rs1.4trn in capital, govt to inject cash

Nine banks accounting for 90-pct of assets under the microscope

2 min read

Sri Lanka Treasury bosses to sign IMF pro-note

The IMF deal involves, a series of reforms

2 min read

Sri Lanka's debt seems "to be sustainable" on a forward looking basis after financial assurances-I

Sri Lanka declared sovereign debt default in April last year

2 min read

Sri Lanka's JVP rubbishes IMF deal, claims IMF only wants to bail out corrupt regimes

The IMF programme, Sri Lanka’s 17th to date, will just not work, said Silva.

3 min read

Sri Lanka no longer bankrupt, to gradually lift import restrictions: president

Sri Lanka’s path ahead must be forged in accordance with the IMF programme, said the president.

2 min read

Sri Lanka to start property tax, transfer, gift, inheritance tax from Jan 2025

Introduce a nationwide real property tax including

1 min read

Sri Lanka's mid day shares edge down on profit taking after IMF approval

The market generated a turnover of 654 million rupees.

2 min read

Sri Lanka mulling ways to re-structure domestic debt

A select pool of the remaining domestic debt is assumed to be re-profiled

2 min read

IMF approves US$3.0bn program, first tranche $333mn

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4 min read

Sri Lanka IMF program approved by Executive Board: Minister

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1 min read

Sri Lanka airport may give parking slots for Pick Me

All Island Three Wheel Drivers’ Association is not against the plan.

Neshella Perera

2 min read

Sri Lanka stocks edge up in thin trade on expected IMF approval

The final decision from the IMF executive board is expected late night on Monday.

2 min read

Sri Lanka govt would allow elections if Sajith's SJB could win, claims JVP leader

“We cannot be stopped through exhaustion. For every day the election is delayed, the NPP’s strength grows,” he sai...

2 min read

Sri Lanka bond yields down; Rupee closes 332/335

Rupee closed at stronger at 332/335 against the US dollar

1 min read

Sri Lanka gets Malaysian nod for 10,000 security guard jobs

"We are working towards achieving the target of earning one billion dollars as monthly foreign remittance"

2 min read

Sri Lanka President decides against controversial cop

The Bar Association in a letter to Wickremesinghe last week urged him not to appoint any officer facing charges

Our Political Correspondent

2 min read

Sri Lanka coconut auction prices edge up

The auction offered 574,807 coconuts and 416,815 nuts were sold.

1 min read

Sri Lanka rupee stronger at Rs330/338 to US dollar

Trades were done as strong as 334 to the US dollar

1 min read

Sri Lanka's mid day shares edge up on wait and see approach

ASPI edged up 0.67 percent or 64.34 points to 9,734.76

2 min read