Notable
Was speaking to Bloomberg before oil prices surged past 115 dollars a barrel
Vulnerabilities to higher import costs will be most acute in markets with already stretched financing capacity,
"the country is poised to achieve higher growth, provided that necessary structural reforms are initiated and sustained
Cites examples of Germany, the U.S., and China
Prolonged disruptions to energy markets caused by the Middle East conflict have weighed more heavily on the region
"What we need is to launch a comprehensive social protection program within this country," Kotawalagedara said.
Welfare Benefits Board has disbursed 11.6 billion rupees to bank accounts of 622,495 beneficiaries under the Aswesuma
Sri Lanka is yet to finalise debt restructuring with private creditors
"We remain optimistic that our international partners will continue to support Sri Lanka's efforts,"
Sri Lanka is facing a political uncertainty due to elections later this year.
PM seeks employment opportunities for Sri Lankans with shipping companies.
"The Sri Lankan rupee has appreciated by approximately 8 % against the US dollar so far in 2024."
Around 700,000 Sri Lankans have left the country for foreign jobs legally in 27 months through March 2024
Ceylon Chamber of Commerce has all political parties to support the continuity of SOE reform
Women, often, were forced into signing agreements in a language they did not understand.
President Wickremesinghe, also the defence minister, is expected to contest in the presidency later 2024
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Any party fraudulently obtaining Aswesuma benefits may not have come forward to get it for fear of revealing identity
"Going beyond stability now we have to go on a sustainably path."
Diplomatic ties between Sri Lanka and Japan has improved under Wickremesinghe after Rajapaksa's LRT cancellation
Pointed out importance of continuation with reforms that will enable stable economy and avoid any future crisis.
"Measures to stabilize the economy have thus far been successful"
Legal draftsman has been instructed to draft a bill on criminal asset recovery
Next steps would entail further consultation with IMF staff regarding assessments of compatibility of latest proposals
Semasinghe-led Sri Lankan delegation is in US for IMF/World Bank Spring Meetings
52 State-Owned Enterprises in Sri Lanka incurred losses of LKR 744.6 billion in 2022
Chinese onion price reduced by Rs. 120 per kg to 375, Indian onion price slashed by Rs. 50 to 445
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