An Echelon Media Company
Tuesday January 31st, 2023

Sri Lanka opposition leader says future govt under him not obliged to back IMF, other deals

Sri Lanka's Wickremesinghe govt sees rising protests against tax reforms, economic hardships

January 30, 2023 3 min read

Sri Lanka's SJB supports devolution but position on full 13A still unclear

"Instead of talking about this every day, present the government’s set of proposals,” said the MP.

January 30, 2023 4 min read

Sri Lanka president suspends parliament till Feb 08

Parliament to meet on Jan 08 and 1000am

January 28, 2023 1 min read

Sri Lanka CPC officials pressured at Human Rights Commission meeting, claims minister

CEB agreed for uninterrupted power supply until February 17.

January 27, 2023 1 min read
Sri Lanka port trade unions protest against tax hike; vow to agitate until taxes reduced   

Sri Lanka's state trade unions likely start trade union actions if government fails to reduce taxes

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 intercepts more smuggled Kendu leaf

Steep increased in seized tendu leaf also seen in 2022

January 22, 2023 2 min read

Sri Lanka to hold local government elections on March 09

The election will be held as scheduled, the election commission was quoted as saying.

January 21, 2023 1 min read

JVP stalwart says Sri Lanka local polls a referendum, calls for protests if delayed

"Better yet, they can all just resign. There's no need to hold elections. There is no money for elections anyway."

January 21, 2023 4 min read

Sri Lanka, India agree to raise ceiling on high-impact community development projects

His presence in Sri Lanka was testimony to Prime Minister Narendra Modi's Neighbourhood First policy, said Jaishankar.

January 20, 2023 2 min read

Sri Lanka opposition MP Mujibur Rahuman steps down to run for Colombo mayor

"People's right to vote must be protected," he said.

January 20, 2023 2 min read

Sri Lanka's Jeevan Thondaman appointed youngest ever cabinet minister

Thondaman was one of two new cabinet appointments made on Thursday.

January 20, 2023 1 min read

Sri Lanka expecting debt assurance from China in the near future: Minister

India this week gave debt assurance to the IMF.

January 20, 2023 1 min read

India to expand investment in Sri Lanka's energy sector, other core areas: Jaishankar

"I am confident that the gravity of the situation is realised by policymakers here,” Jaishankar said.

Himal Kotelawala
January 20, 2023 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

Sri Lanka minister urges to delay LG polls until stability returns 

Says the state will have to bear 12.6 rupees for elections and maintain elected candidates

January 19, 2023 2 min read

Sri Lanka parliament pass poll campaign finance bill amid opposition cry over LG poll delay 

Opposition sees the move as to delay the Local Government polls

January 19, 2023 3 min read

India external affairs minister S Jaishankar arrives in Colombo

Jaishankar is scheduled to meet President Ranil Wickremesinghe, Prime Minister Dinesh Gunawardena and others.

Himal Kotelawala
January 19, 2023 3 min read

US welcomes India's assurance of support to Sri Lanka's debt restructuring plans

“The US stands ready to assist SL to unlock IMF assistance when all creditors agree to fair and equitable treatment."

Himal Kotelawala
January 19, 2023 4 min read

Sri Lanka re-appoints two ministers amid rising protests; LG poll campaign


January 19, 2023 1 min read

India tells IMF it strongly supports Sri Lanka's debt restructuring efforts

The financing and debt relief will be provided by the Export-Import Bank of India, said Mishra in his letter.

Himal Kotelawala
January 19, 2023 4 min read

Sri Lanka Easter bombings: UN human rights office welcomes Supreme Court verdict

The OHCHR also urged the government to provide full reparations to the victims, establish the truth and ensure justice.

Himal Kotelawala
January 19, 2023 4 min read

Sri Lanka poll monitors say new election spending bill should not delay LG polls 

Political analysts see possible defeat for UNP and SLPP, if LG polls held in March

January 18, 2023 2 min read

Probe into Sri Lanka business executive’s death takes new turn

A toxicology report has opened a new line of inquiry

January 18, 2023 1 min read

Chinese embassy fumes over US ambassador's remarks on Sri Lanka debt

"Both Chinese and Sri Lankan people are wise enough to judge without any foreign lecturing."

Himal Kotelawala
January 18, 2023 4 min read