An Echelon Media Company
Friday December 1st, 2023

Sri Lanka bondholders seek official creditor deals, says slow progress on talks

significant lack of transparency on the part of official sector creditors

December 1, 2023 3 min read

With criticism, Sri Lanka leader strongly pushes for CJF, investment in TB at COP28

Says Sri Lanka sees many impacts of climate change now

December 1, 2023 6 min read

Sri Lanka, India leaders meet at COP-28, discuss issues

Modi said that it was “wonderful to connect and discuss various issues” with Wickremesinghe.

December 1, 2023 1 min read

Sri Lanka rupee closes at 328.00/10 to the US dollar

Sri Lanka’s rupee closed at 328.00/10 to the US dollar on Friday, dealers said. Bond yields were down.

December 1, 2023 1 min read

Sri Lanka stocks close up 1 pct, investor interest in banks

Investor interest in banking sector after Paris-Club agreement, loans

December 1, 2023 1 min read

Thriposha supplements to resume after Sri Lanka allows higher aflatoxin presence

Thriposha supplement from next week, after amending permissible levels of aflatoxins in its ingredients

Apsara Rodrigo
December 1, 2023 2 min read

Sri Lanka govt MPs up in arms over opposition leader "taking up time" on cricket issue

Premadasa called his question a matter of “national importance”.

December 1, 2023 4 min read

Sri Lanka NPLs seen peaking around 13-pct, some sectors hit up to 30-pct

Hotels, transport and arts and entertainment sectors had bad loans of 30 to 20 percent

December 1, 2023 4 min read

Sri Lanka's power regulator, USAID launch dispatch data dashboard

The dashboard is ​an online platform designed to enhance transparency in the management of power distribution.

December 1, 2023 3 min read

Sri Lanka promotes HIV swab test, app to increase detection

Compared to 2021, there was a 48 percent increase in the number of people living with HIV in this country in 2022.

December 1, 2023 2 min read

Sri Lanka's Cargills Bank plans IPO

The Bank proposes to issue 62,500,000 ordinary voting shares at a price of 8.00 rupees a share.

December 1, 2023 1 min read

Sri Lanka rupee opens stronger at 327.70/328.00 to the US dollar

Sri Lanka’s rupee opened at 327.70/328.00 to the US dollar on Friday. Market up, bonds down.

December 1, 2023 1 min read

Sri Lanka imports rise in Oct 23 as remittances, tourism flows pick up

Tourism, remittance and exports exceed imports

December 1, 2023 2 min read

Sri Lanka revises down price of widely used petrol, diesel

Government to impose 18 percent tax on fuel from January

December 1, 2023 1 min read

Sri Lanka to resume suspended road projects with strict ADB guidance

Sri Lanka's funding by multilateral funding agencies are now based on achieving target committed to IMF

November 30, 2023 2 min read

Sri Lanka's COPF govt to re-evaluate a number of VAT exemptions

COPF has also said the removal of VAT exemptions will not affect ride-hailing services such as Uber and PickMe.

November 30, 2023 3 min read

Sri Lanka not keen on ad hoc abrogation of tax holidays: Treasury Sec

Sri Lanka is limiting future tax holidays

November 30, 2023 2 min read

Sri Lanka foreign employment ministry gives Rs 7 Bn to Treasury: ministry

The cheque had been handed over during a ceremony attended by President Ranil Wickremesinghe.

November 30, 2023 2 min read

Sri Lanka to commence rural road repairs using ADB funds first week of Dec

“There were roads that were in a state of disrepair,” Minister Gunawardana said. “So this is for urgent work.”

November 30, 2023 2 min read

Sri Lanka stocks close up after Paris Club agreement

Renewed investor interest after Wednesday’s news official creditor committee agreed on debt restructuring deal.

November 30, 2023 1 min read
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