An Echelon Media Company
Sunday January 29th, 2023

Sri Lanka bonds yields end steady

The Central Bank’s guidance peg for interbank US dollar transactions remained unchanged at 362.16 rupees

January 24, 2023 1 min read

Any Sri Lanka domestic debt to be part of negotiation process: CB Governor

Hopes to conclude talks in about six months

January 24, 2023 2 min read

Sri Lanka local govt polls: Cabinet spokesman points to dire financial situation

“If for some reason the IMF doesn’t sign this agreement, there is no tomorrow for this country.”

January 24, 2023 3 min read

Sri Lanka's Basil Rajapaksa hijacks JVP slogan to absolve ruling party

"It wasn’t just us who were in power for 70 plus years,” said Rajapaksa.

Himal Kotelawala
January 24, 2023 3 min read

Sri Lanka's shares slip in mid day trade

Top losers at 1130 hours were Commercial Bank, Aitken Spence and Expolanka.

January 24, 2023 1 min read

Sri Lanka will have single digit inflation by year end: CB Governor

All efforts on speeding up IMF program

January 24, 2023 1 min read

Sri Lanka tries to unscramble egg crisis from price controls

Broiler meat prices collapse as price signals allowed to work without state interference

January 24, 2023 1 min read

IMF accepts India debt assurance for Sri Lanka, China, others awaited

Sri Lanka is engaged with other official bilateral creditors to obtain similar assurances

January 24, 2023 2 min read

Sri Lanka tea output falls to 26-year low on interventionist state

Smallholders earned around 250 rupees a kilo for green leaf

January 24, 2023 1 min read

Sri Lanka national inflation at 59.2-pct in Dec 2023

Food prices down for the third month

January 24, 2023 2 min read

Money to pay Sri Lanka state salaries on January 25 mostly found: Minister

Salaries will be paid on January 25

January 24, 2023 2 min read

Sri Lanka's CEB refuses to limit power cuts during exams despite regulator request

The PUCSL has been critical on excess electricity tariff hike planned by CEB

January 23, 2023 2 min read

Sri Lanka stocks jump to over 3-month high on IMF deal hope after Chinese assurance 

Shares had seen a broad base pick up after assurances from India and China over the ending of the week.

January 23, 2023 2 min read

Sri Lanka bond yields close lower, Rupee steady

The market reacts to China's respond in providing support in restructuring debt

January 23, 2023 1 min read

Sri Lanka's parliament will have to be dissolved after local govt polls: G L Peiris

"It won’t be a parliament that represents the people’s will even at a minimal level,” said Peiris.

Himal Kotelawala
January 23, 2023 3 min read

Sri Lanka local govt polls: president's party adamant time is not right for elections

“The election is not a priority for the people. The crisis is still not over,” Abeywardena said, speaking at an even...

Himal Kotelawala
January 23, 2023 2 min read

Sri Lanka shares jump up on China response

All Share Price Index (ASPI) edged up by 2.44 percent or 212.50 points to 8,930.65

January 23, 2023 1 min read

Sri Lanka exporters getting advance payments in fix over forced fx conversion

Advance payments are converted before goods are shipped at least by two banks

January 23, 2023 2 min read

Sri Lanka bond yields down over China hopes

The letter has been referred to the IMF to check whether the parameters are sufficient for Sri Lanka’s program

January 23, 2023 1 min read

Sri Lanka central bank buys US$103mn from banks net in Dec 2022

The monetary authority operates a peg at 360 to the US dollar through a surrender rule

January 23, 2023 3 min read