An Echelon Media Company
Friday January 28th, 2022

Sri Lanka's zoo workers threaten to starve animals over allowance demand

"Opposing my investigation regarding this matter is the reason they are now protesting against me."

Chanka Jayasinghe

4 min read

3

Sri Lanka expects to avoid evening power cuts on Jan 20

GT-7, a 115MW gas turbine had already started

1 min read

Sri Lanka banks asked to share fuel, essential good forex payment on priority

Will limit reserve sales

2 min read

Sri Lanka to give Rs10 for migrant worker dollars till April

The central bank will also pay 1,000 extra per transaction for workers to cover traction costs

1 min read

Sri Lanka hikes rates 50bp to curb BOP trouble, inflation

Tourist hotels asked to accept only dollars

8 min read

Sri Lanka Treasuries yields up at auction, short term curve inverted

Both 6 and 12 month bills higher than the 3-months

1 min read

Sri Lanka stocks edge up ahead of policy rate decision; foreigners exit

All Share Price Index (ASPI) closed 0.04 %

2 min read

Sri Lanka bourse changes ASPI compilation to for less volatility from Jan. 24

"The market returns are not realistic."

Mahadiya Hamza and Dulya de Silva

5 min read

Sri Lanka reacts to Canada travel advisory; says info erroneous, outdated

"The Ministry has taken steps to apprise the Canadian authorities of ground realities”, the ministry said.

3 min read

1

Sri Lanka pins hopes on tourism recovery to solve BOP troubles

Sri Lanka's recovering tourism sector will help end balance of payments troubles

2 min read

1

Sri Lanka to build four Hungary-financed flyovers

The projects will be funded by the Hungarian Exim Bank’s concessionary finance facility.

Mahadiya Hamza

1 min read

3

Gamini Senarath appointed new Sri Lanka president's secretary

President’s spokesman Kingsly Rathnayaka confirmed the appointment on Twitter Wednesday morning.

Chanka Jayasinghe

1 min read

1

Tamil parties should engage elected govt; Sri Lanka not part of Indian union: minister

"They should’ve talked to our elected government instead of outsiders," he said.

3 min read

Sri Lanka state radio enters solar power at ex-Deutsche Welle site

There is potential to set up an 80 to 100MW solar power plant in the location

1 min read

Sri Lanka CEB to get 8-days of diesel for power generation: Minister

CEB is forced to shut fuel driven plants from time to time due to fuel disruptions

2 min read

Sri Lanka's Access Logistics Park gets 36-acre state land

The long lease will be based on the estimation of the Government Chief Valuer

1 min read

Sri Lanka to take action against discriminatory tourist hotels -- again

This is not the first time the state has intervened in the matter.

Mahadiya Hamza

2 min read

1

Sri Lanka busts US$664mn in 'reserves for imports' in two months

A reserve sale by a soft-pegged central bank with a fixed interest rate also involves printing money of an equal amount

4 min read

Sri Lanka factories hurt by import disruptions amid recovery: PMI

Services sector strong in December

2 min read

Sri Lanka state minister rules out fourth COVID-19 jab

Denmark recently became the first European country to offer a fourth dose, following Israel and Chile.

Dulya de Silva

2 min read