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Wednesday September 29th, 2021

Sri Lanka cabinet clears Appropriation Bill for 2022 outlining budget allocations

The bill sets out allocations for each ministry and also borrowing limits

6 min read

Sri Lanka debt rises to 104-pct of GDP by June 2021

Debt to GDP had risen steadily through 'revenue based fiscal consolidation'

6 min read

Sri Lanka CB Governor warned on pitfalls by Wijewardene amid contradictory rupee moves

"The result was the lengthening of the queue for dollars and the expansion of the black market further."

6 min read

Sri Lanka stocks jump after CB governor's statement; Foreigners exit

The day’s turnover hit a two-week high of 6.7 billion rupees

6 min read

Sri Lanka to import 100,000 tonnes of 'healthy', non-organic rice, as prices soar

There is a food controller from the health ministry when we import any foods,

Sri Lanka cabinet not aware of a US$2.5bn loan to CPC: Minister Pathirana

"We are not aware of such a thing," Co-Cabinet Spokesman Ramesh Pathirana told the weekly cabinet news briefing.

Sri Lanka CB Governor meets exporters and importers

The exchange of views with the main #Importers & #Exporters in Sri Lanka was very helpful

3 min read

Sri Lanka's 167 year old Planters' Association to hold online AGM in Covid-19

The sector had funded one fourth of Sri Lanka's hill country railway system in 1857 through a voluntary CESS tax

1 min read

Sri Lanka prints Rs103.5bn below 3-month Treasuries yield to reverse SRR

Money injected for 87 days below the market risk free rate

3 min read

Sri Lanka extends deadline for foreign currency loan

The extension was given because some investors requested more time to get internal approvals

1 min read

Malaysia relaxes travel restrictions on Sri Lanka and four other countries

"Inbound travellers can enter to work in Malaysia as long as they follow all the conditions set," Berita Harian reported

Mahadiya Hamza

2 min read

Sri Lanka market up with improved turnover; investors cautiously buy amid risk of rate rise

Sri Lanka stock index gained 1.24 percent on Friday (24), rising for the third consecutive session

2 min read

Asanga Seneviratne appointed to Sri Lanka stock exchange board

Seneviratne was a founder and director of Asia Capital PLC

1 min read

Schools pose less risk of COVID-19 than restaurants, says Sri Lanka's GMOA chief

“When we open the country on October 01, most restaurants will also open. So why can’t we discuss opening schools?"

Chanka Jayasinghe

3 min read

Sri Lanka seeks UAE help in buying oil

Discussion are also under way with the Indian government for a 500 million US dollar credit line to buy fuel.

2 min read

Sri Lanka health authorities deny allegations of artificially lowering daily COVID-19 cases

"We cannot do that. We are in the red zone not solely because of the number of patients," Gunawardena said.

Chanka Jayasinghe

2 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 200.0335 200.0000
UK Pound 274.0359 273.3300
Euro 233.8592 234.3800
Aus Dollar 145.6500 145.6500
Yen 1.8006 1.8077
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.7096 2.7093
Korea Won 0.1693 0.1701
Oman Rial 519.5743 519.4873
Saudi Riyal 53.3280 53.3205
UAE Dirham 54.4583 54.4492
Source: Central Bank/Indicative
pts %
S&P SL20 3,416.12 2.04%
CSE All Share 9,269.65 3.69%
Turnover Rs million. 2,191,558,044.10 6,774,922
Source: CSE
Latest Last
3-m bill 6.03 5.91
6-m bill 6.06 5.95
12-m bill 6.15 6.02
5-yr bond 9.09 8.90
8-yr bond 9.50 9.26
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka to soon reopen schools with 200 students or fewer for grades 1 to 5

“We ask academic staff to revamp the school sick rooms, and bring students back to school under health protocols.”

2 min read

Sri Lanka opp. MP Ranawaka, ex-media secy summoned by CID; MP claims witch hunt

Ranawaka is the second SJB parliamentarian to be summoned by the CID this week.

2 min read

Sri Lanka in talks with India for $500mn credit line for oil: Jayasundera

So that petroleum burden would be reduced

3 min read

Sri Lanka seeks technical assistance for organic agriculture

Sri Lanka welcomes technical assistance and bilateral support in this regard

1 min read

Sri Lanka latest import restrictions should be revisited: Jayasundara

Now the central bank has imposed a 100-pct credit margin on IT products, which is not healthy

5 min read

Sri Lanka should open schools, but reduce exam pressure: EducationForumSL

Alternatives to the “covering the syllabus to prepare children for exams” approach is needed

7 min read

Sri Lanka’s self-proclaimed spiritual healer who treated celebrities dies of COVID-19

The 48-year old healer was in charge of Rajapaksa’s health from the first term of his presidency, a source said.

3 min read

Sri Lanka stocks gain in lackluster trading after increase in T-bill yields

Sri Lanka stock index gained 0.48 percent on Thursday (23) in thin trade

2 min read

Sri Lanka former president Kumaratunga lambasts SLFP leadership

“They have no love for the party, nor foresight; purely the thirst for power,” she said.

5 min read

Sri Lanka health official calls for staggered lifting of COVID-19 lockdown

Sri Lanka went into lockdown on August 20, which has now been extended several times to October 01.

3 min read