An Echelon Media Company
Monday September 25th, 2023

Police probing whether drug user who fell from 8th floor of the Negombo hospital was a suicide victim

ECONOMYNEXT- Police are investigating whether the prisoner who fell to his death from the 8th floor of the Negombo hospital committed suicide the Police Media Division said.

The 36-year-old man from North Kaduruwana who was imprisoned over drug charges is being described as a heroin addict and was admitted to Negombo hospital on Sunday for a PCR test.

Police say that the man had shown symptoms of COVID 19.

Police said that they are awaiting the post-mortem report to know the exact cause of death and find out whether he had been infected with COVID-19.

With the emergence of the new cluster that sprung from the Drug Rehabilitation Centre in Kandakadu which has yielded a total of 519 new coronavirus patients the link between drug addicts and COVID 19 is the focus of the authorities.

The first of that large cluster was an inmate who was transferred to the Welikada Prison was tested positive last week.

Earlier this week, the Commander of the Army, Lieutenant General Shavendra Silva said that part of a military-run quarantine centre in Kandakadu has now been turned into a separate hospital to treat the COVID 19 positive inmates.

“These are recovering drug addicts and they have to be treated in a different way as they are not like normal patients. We feel it is best to look after them here,” he told reporters. (Colombo/July14/2020)

Reported by Imesh Ranasinghe


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Sri Lanka sells 2028 bonds at 14.52-pct

ECONOMYNEXT – Sri Lanka sold all offered bonds in 2026 and 2028 maturities raising 220 billion rupees from an auction Monday, data from the state debt office showed.

The debt office sold 135 billion rupees of 1 June 2026 bonds to yield 15.64 percent.

Another 85 billion rupees in 01 July 2028 bonds were sold to yield 14.52 percent.

The 2028 bond is offered on tap at the weighted average yield. (Colombo/Sept25/2023)

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Sri Lanka’s stocks end down on Monday after slow day of trading

ECONOMYNEXT – Sri Lanka shares were down at close of trading on Monday.

Turnover was 550 million rupees.

The main All Share Price Index was down 0.36 percent or 40.02 points to 11,216.50, while the S&P SL20 was down 0.44 percent or 14.07 points to 3,164.52.

Trading in the Capital Goods Industry (174,037,134) drove turnover.

Commercial Bank, Expolanka Holdings, and Aitken Spence plc saw losses, while National Development Bank, John Keells Holdings and Melstacorp saw gains in the day’s trading.

The market saw a net foreign inflow of 13 million rupees, while the yearly net foreign inflow was 429 million rupees. (Colombo/Sep25/2023)

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Sri Lanka rupee closes at 324.75/324.90 to the US dollar

ECONOMYNEXT – Sri Lanka’s rupee closed at 324.75/90 to the US dollar on Monday, from Friday’s close at 324.70/325.00 dealers said.

Bond yields were up.

A bond maturing on 01.07.2025 closed up at 15.55/15.70 percent on Monday, after closing at 14.95/15.30 percent on Friday.

A bond maturing on 01.08.2026 closed up at 15.50/15.65 percent up from 14.95/15.10 percent.

A bond maturing on 15.09.2027 closed up at 14.75/15.50 percent from 14.55/15.00 percent.

A bond maturing on 01.05.2028 closed up at 14.25/14.60 from 14.00/14.30 percent.

A bond maturing on 15.05.2030 closed stable at 13.00/13.50.

A bond maturing on 01.07.2032 closed at 12.95/13.45 percent from 13.00/13.45 percent. (Colombo/Sept25/2023)

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