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Tuesday April 16th, 2024
Uncategorized

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 stocks edge down on selling pressure from financial counters

All Share Price Index was down 0.64 percent or 60 points to 9,345.90,

Sri Lanka expressway revenue surges in New Year holiday

On April 15 and 16, a total generation of 70,558,100 was collected from vehicles that used the expressway.

Sri Lanka rupee steady, stocks 0.33-pct weaker at open

Sri Lanka’s rupee was quoted at 181.55/60 to the US dollar on Wednesday, steady from Tuesday’s close, while bond yie...

October 30, 2019 1 min read

Warehousing profits prop up Sri Lankan tea broker's bottom line

Sri Lanka’s Asia Siyaka Commodities lost 4.4 million rupees in the September 2019 quarter compared with profits of nin...

October 30, 2019 1 min read

Laugfs says LPG supplies to Sri Lanka restored

Sri Lanka's Laugfs Gas said distributrion liquefied petroleum gas has been increased, ending a disruption seen last week...

October 29, 2019 1 min read

Trump says Islamic State chief Baghdadi killed in US raid

President Donald Trump on Sunday said that the elusive leader of the Islamic State group, Abu Bakr al-Baghdadi, had been...

October 28, 2019 5 min read

Sri Lanka stocks rally for seventh day, retail buying in Chevron

Sri Lanka's stocks closed 0.32 percent higher on Friday, with retail investors buying Chevron Lubricants Lanka, which re...

October 25, 2019 2 min read

Gotabaya says will abolish PAYE tax, slash Sri Lanka VAT, boost biz environment

Sri Lanka Podujana Peramuna Presidential candidate Gotabhaya Rajapaksa promised sweeping tax cuts, employed workers and ...

October 25, 2019 3 min read

Sri Lanka's location should be boon for business, not smugglers

Logistics professionals should make better use of modernised Sri Lankan transportation infrastructure to exploit for tra...

October 25, 2019 2 min read

Sri Lanka to charge NBT on cigarettes, exempts large projects, some imported inputs

Sri Lanka has removed an exemption on cigarettes for National Building Tax, a non-recoverable turnover tax, while exempt...

October 24, 2019 1 min read

Sri Lanka's Laugfs Gas to list power subsidiary

Sri Lanka's Laugfs group is to list its renewable energy subsidiary Laugfs Power Limited with a reference price of 8.80 ...

October 17, 2019 1 min read

Sri Lanka rupee ends weaker, bond yield lower

Sri Lanka’s rupee closed weaker 180.95/181.10 to the US dollar in the spot market on Monday while bond yields were sli...

October 14, 2019 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

Mangala to revise Sri Lanka's 'feel-the-pain' illiberal carbon tax

Sri Lanka is planning to revise the basis of a 'feel-the-pain' illiberal tax proposed on European lines which critics sa...

October 11, 2019 2 min read
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Depleted Sri Lanka shock Pakistan despite Hasnain hat-trick

Danushka Gunathilaka scored a career best 57 and despite a hat-trick by teenage Pakistan paceman Mohammad Hasnain.

October 11, 2019 3 min read

US Fed members 'more concerned,' say recession risks rising: minutes

American central bankers have grown more fearful, saying a global slowdown and President Donald Trump's trade wars could...

October 10, 2019 3 min read

SriLankan Engineering certifies Singpapore Airlines B787 on Maldives run

SriLankan Engineering has certified the first Boeing 737 aircraft of Singapore Airlines operated to Male Maldives, as pa...

October 9, 2019 1 min read

Sri Lanka's Cinnamon Hotels opens Velifushi Maldives

Sri Lanka-based Cinnamon Hotels & Resorts, a unit of publicly traded John Keells Holdings, has opened a new resort ...

October 8, 2019 2 min read

Sri Lanka central bank bought property in Brazil, New York; forensic audit due: FinMin

Sri Lanka's central bank has bought property in Brazil and New York and results of a forensic audit on questionable secu...

October 5, 2019 6 min read

Sri Lanka stocks snap back after five-day fall

Sri Lanka stocks closed 0.22 percent higher on Friday, reversing a 5-day fall, with the market dominated by negotiated t...

October 4, 2019 1 min read

Sri Lanka budget deficit to expand to 5.4 to 5.6-pct in 2019

Sri Lanka's budget deficit may reach 5.6 percent of gross domestic product in 2019, Treasury Secretary R H S Samaratunga...

October 4, 2019 3 min read

Fitch confirms 'AA(lka)' rating of Dialog Finance

The rating of Sri Lanka's Dialog Finance Plc, a 98 percent unit owned by telecom operator Dialog Axiata has been confirm...

September 30, 2019 3 min read

Tokyo stocks open lower with eyes on global events

Tokyo stocks opened lower on Monday, following Wall Street's lead, as investors awaited a series of key events, starting...

September 30, 2019 2 min read
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