An Echelon Media Company
Friday June 25th, 2021

Sri Lanka aborts plan to import compost fertilizer

Liquid organic fertilizer extracts would continue to be allowed

5 minutes

Sri Lanka death row inmates on hunger strike after release of murder convict politico

Reports showed inmates at the Welikada prison protesting from the roof of a building at the prison premises.

3 min read

Duminda's release typical of Sri Lanka's arbitrary pardons that weaken rule of law: OHCHR

"Another example of selective, arbitrary granting of pardons that weakens rule of law and undermines accountability"

2 min read

Sri Lanka adds Thai Bhat to designated foreign currencies for off-shore banking

The Colombo Port City multiple currency dollarised area will also use designated currency

1 min read

Travel between Sri Lanka's provinces to be curtailed till July 05: Health Services DG

New guidelines will also be issued to shops and stalls in the Western province, he said.

Imesh Ranasinghe
Sri Lanka to use US$100mn India Exim solar power credit for state offices, poor families

Operating expenses of state buildings to be reduced

Sri Lanka gilt yields marginally down at close

Forex market inactive

1 min read

Sri Lanka stocks close 0.02-pct lower

Carson Cumberbatch, Bukit Darah and Melstacorp pushed ASPI down

3 min read

Sri Lanka Met Dept issues severe lightning warning, requests caution

"There may be temporary localised strong winds during thundershowers."

Chanka Jayasinghe

1 min read

Sri Lanka police ramp up patrol duties, add barricades in locked down areas

Police said security will increased island-wide from 8pm June 23 till 4am June 25

Chanka Jayasinghe

2 min read

Sri Lanka looking to accelerate vaccination as fears of a delta surge loom

However, research in the UK is pointing to some concerning cases of resistance to vaccines.

Chanka Jayasinghe

4 min read

Ranil urges PM to take over Sri Lanka's COVID-19 fight, warns of creeping militarisation

“The task force is a total failure. It’s clear when you listen to the health minister’s speech"

3 min read

Sri Lanka banks that borrow to buy sovereign bonds face increased risk: Fitch

Refinancing risks are elevated

4 min read

Sri Lanka ex-PM Ranil says only alternative is to go to IMF

"If you are not agreeable, tell us what the alternative is"

4 min read

Sri Lanka to increase 2021 spending by extra 1.2-pct of GDP

Before the supplementary estimate the deficit was projected at 9.5-pct of GDP

1 min read

Sri Lanka to expand oxygen storage, boost hospital supply with concentrators: Health Minister

Sri Lanka’s state hospital system has a daily demand of 40 tonnes for oxygen

Imesh Ranasinghe

2 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 199.8664 199.8938
UK Pound 278.4938 278.4521
Euro 238.6904 238.3134
Aus Dollar 151.7486 150.7099
Yen 1.8030 1.8039
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6957 2.6887
Korea Won 0.1771 0.1759
Oman Rial 519.1470 519.2182
Saudi Riyal 53.2949 53.2894
UAE Dirham 54.4128 54.4203
Source: Central Bank/Indicative
pts %
S&P SL20 3,029.60 0.12%
CSE All Share 7,742.14 -0.02%
Turnover Rs million. 1,551,635
Source: CSE
Latest Last
3-m bill 5.07 5.08
6-m bill 5.12 5.12
12-m bill 5.17 5.17
5-yr bond 7.27 7.30
8-yr bond 7.55 7.86
Source: Central Bank/Indicative
today yesterday
Overnight Money 4.67 4.67
Gilt Repo 4.68 4.68
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka former PM Wickremesinghe back in p'ment; receives warm welcome from govt MPs

His former colleagues in the now main opposition the Premadasa-led Samagi Jana Balavegaya (SJB) seemed unmoved.

Imesh Ranasinghe

2 min read

India names Delta Plus, newer, deadlier strain of novel coronavirus, 'variant of concern'

A variant of concern is more transmissible, or is associated with more disease severity, or evades immunity

2 min read

Nihal Keppetipola takes over as Chairman of Sri Lanka Ports Authority

He had been managing director of the agency and Harbhour Master in Colombo

1 min read

Sri Lanka's central bank credit exceeds monetary base in MMT money printing

In the past policy corrections tended to be made much earlier.

3 min read

Sri Lanka fails to sell 57-pct of Treasury bills under price control

Last week Rs22bn was printed after failure to sell bills

1 min read

Sri Lanka forex market remains inactive

Sri Lanka forex dealers have been barred from quoting above 200 to the US dollar.

2 min read

Sri Lanka newsrooms hit by sexual abuse charges

Perpetrators identified included those in mid-level jobs and seniors who had moved onto careers in politics

4 min read

Sri Lanka to merge Laugfs, Litro operations, LPG price controls to remain: Minister

Government to support losses

2 min read

Sri Lanka stocks end 0.22-pct higher

Carson Cumberbatch, LOLC Development Finance and Bukit Darah pushed ASPI up

3 min read

Suspected delta strain detected in Madiwela, Sri Lanka, a day after lockdown lifted

An official said the area will be isolated and close contacts of the patient will undergo PCR tests.

Chanka Jayasinghe

2 min read

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