An Echelon Media Company
Tuesday January 31st, 2023

Sri Lanka's LG polls may derail President's reform agenda, delay IMF loan - analysts

Polls may increase crisis-hit Sri Lanka's uncertainty amid debt restructuring, IMF loan delay

January 9, 2023 4 min read

Amid fears, PTSD, Sri Lanka protesters determined to continue anti-government struggle

Another anti-government protest planned for October 2 by apolitical, political activists

October 31, 2022 5 min read

Sri Lanka parliament panel to probe over coal purchase deal after minister's request

Opposition has raised concerns over higher price, lack of transparency on Sri Lanka's largest coal tender

September 8, 2022 2 min read

Transparency International wants Sri Lanka's presidential hopefuls to declare assets

"Sri Lankans have delivered a clear message that they will no longer tolerate corrupt leaders."

July 18, 2022 2 min read
IMF's talks with Sri Lanka must also focus on corruption, aid diversion: Mark Malloch-Brown

The IMF must put the issue on the agenda during their visit, he said.

Sri Lanka's new “diplomatic” PM starts foreign aid talks amid political stability concerns

Lack of parliament majority could drag the new prime minister's economic recovery plans

Sri Lanka MP Namal Rajapaksa denies allegations of corruption, promises legal action

“We will take legal action as some of [the allegations] are already being investigated and some cases are ongoing."

Shihar Aneez
May 3, 2022 1 min read

Sri Lanka court prevents ex-central bank governor Cabraal from leaving country

Cabraal resigned from the post on Monday

April 7, 2022 1 min read

Sri Lanka President appoints his former lawyer as finance minister in temporary cabinet

Sri Lanka Parliament meets on Tuesday, April 5.

April 4, 2022 2 min read

Transparency International Sri Lanka launches to report fraud

Analysts say is a drop in public confidence government probes into corruption allegations.

December 16, 2021 3 min read

Sri Lanka opposition questions impartiality of probe on Pandora revelations

“The president is asking the commission to investigate a relative of his. Will such inquiry be fair?” said Rahuman.

October 7, 2021 4 min read

Sri Lanka businessman named in Pandora papers denies any wrongdoing

“I assure Your Excellency that my wife and I are totally innocent and are guilty of no wrongdoings,” Nadesan said.

October 6, 2021 2 min read

Sri Lanka president orders immediate investigation on Pandora papers exposé

Alahapperuma said the Commission is required to submit a report within a month.

October 6, 2021 2 min read

Govt and opp MPs trade charges in Sri Lanka parliament over Pandora papers exposé

“If this family spent 10 million rupees a month, that’s still enough money for 250 years or five generations," he sa...

October 5, 2021 4 min read

Members of Sri Lanka president, PM ruling family in Pandora papers

Nirupama Rajapaksa had been connected with Challan Oil Exploration Limited, and Rosetti Limited, the analysis showed.

October 5, 2021 4 min read

Sri Lanka opposition SJB rejects controversial move to purchase SUVs at taxpayer expense

Premadasa urged the government to use the funds to vaccinate the public against COVID-19

June 14, 2021 3 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 371.7127 371.6601
UK Pound 453.5962 453.9794
Euro 396.3156 396.4763
Aus Dollar 250.1862 251.1981
Yen 2.8251 2.7549
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.3961 4.3963
Korea Won 0.2820 0.2791
Oman Rial 943.2237 943.2268
Saudi Riyal 96.7270 96.7115
UAE Dirham 98.8729 98.8786
Source: Central Bank/Indicative
pts %
S&P SL20 2,653.84 -1.51%
CSE All Share 8,420.26 -1.04%
Turnover Rs million 4,621,153,484 2,824,714,520
Source: CSE
Latest Last
3-m bill 31.03 31.03
6-m bill 29.57 29.60
12-m bill 28.41 28.41
5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

COPE orders investigation into dodgy Ilmenite sale

The COPE committee has ordered an investigation into how Lanka Mineral Sands Ltd sold 85,000 metric tons of Ilmenite for...

March 25, 2021 2 min read

Impose excess profit tax to recover sugar scam losses, UNP urges govt

Sri Lanka must immediately impose an excess profit tax to recover the Rs 15.9 billion loss in tax revenue from the alleg...

March 15, 2021 2 min read

Ranil’s former Secretary files FR petition against Political Victimisation Commission

The Former Secretary to the Prime Minister Saman Ekanayake has filed a Fundamental Rights Petition in the Supreme Court ...

March 13, 2021 3 min read

JVP files FR petition against sugar scam

The opposition Janatha Vimukthi Peramuna (JVP) filed a fundamental rights petition in the Supreme Court today seeking le...

March 12, 2021 1 min read

Sugar scam costs Sri Lanka Rs 15.9 billion in tax revenue: Finance Ministry

The so called Sugar Scam allegedly carried out by well-connected importers has cost the Sri Lankan state Rs. 15.9 billio...

March 9, 2021 1 min read

Ranjan gets temporary relief from Appeal Court

The Court of Appeal has given temporary relief to imprisoned Opposition Member of Parliament Ranjan Ramanayake ordering ...

February 5, 2021 2 min read

Ranjan appeals his sentencing by the Supreme Court

Lawyers for Actor-politico Ranjan Ramanayake have filed two petitions in courts, one appealing his contempt of court sen...

February 2, 2021 1 min read

Political victimization commission releasing criminals – Vijitha Herath

National Peoples’ Power (NPP) is accusing the Presidential Commission of Inquiry into political victimization (PCOI) o...

Imesh Ranasinghe
January 27, 2021 3 min read

Army chief wants corruption out of the quarantine process

“Unscrupulous elements” offering to fill hotels with foreign arrivals should not be tolerated Army Commander General...

January 13, 2021 4 min read

Mahapola Fund has lost over LKR600 million - COPE

Parliamentary Committee orders a CID investigation into large scare corruption at Mahapola lottery

January 12, 2021 3 min read
1 2 3