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Sunday August 14th, 2022
Uncategorized

Sri Lanka stocks end the week gaining for the 11th session, setting a new 4-month high

All Share Price Index (ASPI) rose 3.69% or 321.31 points to 9,027.48, its highest since March 31

August 12, 2022 3 min read

Yields in Sri Lanka govt securities, rupee guidance peg steady

A guidance peg announced by Sri Lanka’s central bank for interbank transactions remained unchanged at 360.94 rupees

August 10, 2022 1 min read

Death toll due rough weather in Sri Lanka increases to five

One person has been injured and three people are reported to be missing.

August 6, 2022 1 min read

Discussion between President and SJB ends on a positive Note; MP Harsha de Silva

Opposition proposes to lift the emergency law and to release “aragalaya” prisoners

August 6, 2022 2 min read
Energy Minister reveals the main reasons for CPC losses

Rupee depreciation, dues from government-owned institutes and overpaid overstaff are prominent reasons for the loses

Sri Lanka shares gain in mid-day trade

Market generated a turnover of 3 billion rupees.

Several hour water cut in Sri Lanka capital

Water Board said, Colombo 9, 10, 11 and 12 will have water cuts will be effective from 9 pm Saturday

July 30, 2022 1 min read

Sri Lanka DFCC Bank rating watch negative kept in soft-peg collapse: Fitch

Sovereign default together with increasing economic challenges poses significant downside risks to DFCC's profitability

July 29, 2022 6 min read

SriLankan Airlines bond rated at 'C' despite bond interest payment

In addition, the debt moratorium overhang affecting external debt of the government and that of public sector borrowers

July 28, 2022 2 min read

Int. Red Cross Fedration appeals for 28.9 mln USD humanitarian funding to Sri Lanka

"2.4 million people already living below the poverty line into despair" IFRC

July 24, 2022 2 min read

Sri Lanka's central bank requests bank loan borrowers to seek relief before July 31st

Some features of the scheme include a 6-month grace period for performing loans.

July 21, 2022 4 min read

Sri Lanka Acting President declares state of emergency

The emergency was declared in the interests of public security, the protection of public order.

July 18, 2022 1 min read
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Sri Lanka's private bus owners warn drivers to refrain from fuel hoarding, overcharging

“Drivers have become thugs because there is a great demand."

Dulya de Silva
July 17, 2022 2 min read

International partners urge Sri Lanka to uphold law after unprecedented political crisis

Sri Lanka is going through unprecedented economic, political crisis after policy failures

July 15, 2022 4 min read

Sri Lanka President emails resignation from Singapore

Rajapaksa finally resigns after over 3 month protest

July 14, 2022 3 min read
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Sri Lanka Rajapaksa fails to resign despite repeated promises

Rajapaksa was expected to reach his final destination by 8 om on Wednesday.

July 14, 2022 2 min read
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Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 368.5670 368.6127
UK Pound 450.8744 447.0879
Euro 381.8782 378.4089
Aus Dollar 263.9965 258.8081
Yen 2.7764 2.7436
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.5327 4.5360
Korea Won 0.2766 0.2758
Oman Rial 937.2606 937.4943
Saudi Riyal 96.0666 95.9947
UAE Dirham 98.2413 98.2658
Source: Central Bank/Indicative
pts %
S&P SL20 3,072.01 4.88%
CSE All Share 9,027.48 3.69%
Turnover Rs million 6,339,984,932 4,506,916,091
Source: CSE
Latest Last
3-m bill 26.24 26.34
6-m bill 26.52 26.51
12-m bill 27.36 27.11
5-yr bond 23.86 23.10
8-yr bond 24.21 24.35
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

Rajapaksa's party is key to deciding Sri Lanka's new president

Though protesters forced all Rajapaksas out of power, still Rajapaksas' party holds the majority to choose new president

Shihar Aneez
July 13, 2022 4 min read

One critical, 55 injured after Sri Lanka protest clash - hospital source  

After clashes protesters breached the entrance and stormed into president's residence

Chanka Jayasinghe
July 9, 2022 1 min read

Sri Lanka TT dollar at Rs366.79-370, guidance peg unchanged

Commercial banks offered dollars for telegraphic transfers at rates between 366.79 and 370.00 for small transactions

July 5, 2022 1 min read

Sri Lankan Airlines flies in donated medicine in soft-peg crisis

The firm will continue to airlift the medical supplies gifted by other countries free of freight Charges

June 23, 2022 1 min read

China's US$74 rice grant to reach Sri Lanka by end June

Around 10,000 metric tonnes will be used for a School Meals program for needy kids.

June 14, 2022 1 min read

Sri Lanka to introduce weekly fuel quota by July as costs shoot up - Minister

"I hope to have this system in place by the 1st week of July."

June 12, 2022 2 min read
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WFP top official to visit Sri Lanka, says PM

Prime minister had expected food shortage to become severe in August.

June 11, 2022 2 min read

Sri Lanka shares rise for third day over business mogul's MP appointment

Investors are still nervous on Sri Lanka's political and economic uncertainties.

June 10, 2022 2 min read

Sri Lanka parliament nods to remove tender process in power projects amid protests

CEB trade unions were forced to call off their strike after president declared electricity supply as essential service.

June 9, 2022 4 min read

Sri Lanka stocks slip in mid-day trade on Wednesday

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June 1, 2022 1 min read
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