An Echelon Media Company
Thursday May 23rd, 2024
Uncategorized

75 pct of 436 adults surveyed say Sri Lanka headed in wrong direction

Three percent said it was on the right track.

May 22, 2024 2 min read

Sri Lanka waits for clearance to implement India-funded Unique ID card project

The project has raised concerns over data privacy of Sri Lankan citizens and protection of personal data

May 10, 2024 3 min read

Sri Lanka Minister defends VFS, new visas; accuses corrupt officials over controversy

Sri Lanka's new visa system, VFS handling are under fire over lack of transparency; Minister defends

May 6, 2024 7 min read

Sri Lanka raises profit margin on widely used petrol, diesel in latest revision

Govt could have reduced Octane 92 price by further Rs.7, White diesel by Rs.2 if it had maintained same profit margin

May 1, 2024 2 min read
Anger, suspicion prevail as Sri Lanka Catholics mark fifth year of Easter attack

Catholic leaders strongly express their disappointment over Easter Sunday attack

LGBTQIA+ Rights: Europe and South Asia See Similar Discriminatory Practices

Society’s view on same-sex relationships dimmed with the imposition of Western values

Sri Lanka says foreign research ships allowed to replenish after Chinese protest

Accommodating Indian protests,, Sri Lanka has banned research ships for 1 year

Shihar Aneez
March 20, 2024 2 min read

Sri Lanka may consider hangwomen if execution starts: State Minister

Sri Lanka has not executed anybody since 1970

Apsara Rodrigo
March 15, 2024 3 min read

Yala, October 2023

Leopards and Jackals and Crocs, Oh My!!

Mark Hager
March 7, 2024 13 min read

Sri Lanka will stand up for any economic rights comprised at Red Sea: president

"Any disturbance to the peace and stability of the region poses a threat to our country," he said.

March 1, 2024 2 min read

India has given “lot of offers” for Ramayana Trail, Sri Lanka state minister says

Indians are ready to build hotels around places associated with Ramayana Trails in Sri Lanka

February 22, 2024 2 min read
2

Sri Lanka coconut auction prices edge up 1.6-pct at auction

Coconut prices have been on a falling trend in 2024

Apsara Rodrigo
February 11, 2024 1 min read

Sri Lanka's monthly tourism revenue hits highest since February 2020

Sri Lanka tourism is recovering from zero after COVID-19 and violence following an economic crisis

February 10, 2024 2 min read

Sri Lanka's Exterminators Plc becomes reseller for Pest Scan, an AI-powered pest app

Exterminators Plc designated reseller for Pest Scan, an AI-powered digital pest management software, within South Asia

February 7, 2024 1 min read

Sri Lanka railway station in the dark for nonpayment of electricity bill

The unsettled bill had amounted to 78,080 rupees.

January 26, 2024 2 min read

Sri Lanka stocks close down, JKH drives turnover

Trading in John Keells Holdings Plc, contributed the most (210mn) to the day's turnover

January 23, 2024 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka stocks close down for second week

The energy industry (111mn) saw the most investor interest, mainly due to trading of Lanka IOC Plc (down at 98.20).

January 19, 2024 1 min read

NPP govt won't honour Sri Lanka's ISB debt, warns Harsha de Silva

"Goes to show these guys have absolutely no idea how to run a country."

Himal Kotelawala
January 5, 2024 3 min read

Sri Lanka leader hits at US, West for double standards on human rights after Gaza failure 

His criticism comes as Sri Lanka is still struggling to come out of an unprecedented economic crisis

November 4, 2023 8 min read
5

Sri Lanka free visas may boost arrivals 15-20 pct from India, China, Russia: official

Sri Lanka charges 20 dollars for an online ETA for South Asian countries, and 30 dollars for others.

Nethmi Rajawasam
November 1, 2023 3 min read

Sri Lanka rupee closes at 324.10/40 to the dollar, bonds yields up

Sri Lanka rupee closed at 324.10/40 to the dollar, bonds yields up, analysts said

October 17, 2023 1 min read

Does Gandhian Socialism Have Legs?

The Final Chapter of Elusive Ideology: Religion and Socialism in Modern Indian Thought

October 16, 2023 7 min read

Sri Lanka has to spend more on research, build links with business 

Only 0.1 percent of Sri Lanka’s GDP goes to innovations: official

Nethmi Rajawasam
October 14, 2023 2 min read

Global Economic Trends and Domestic Reforms Point to a Sri Lankan Rebound: HSBC

Sri Lanka at crucial turning point, say HSBC economists, CBSL Governor and Ceylon Chamber Chairman

October 6, 2023 15 min read

Sri Lanka CB inks 5-pct inflation deal with government

Central bank has signed an agreement with government to maintain inflation at 5 percent with 2 percent variation

October 5, 2023 1 min read

Sri Lanka’s stocks close up on Wednesday, but trading low

Sri Lanka’s stocks closed up on Wednesday, but turnover remained low.

October 4, 2023 1 min read
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