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Saturday June 3rd, 2023
Uncategorized

Sri Lanka stocks end a five day rally on banking sector concerns over domestic debt restructuring

"Market continued to dip,on banking counters as the IMF approval has triggered concerns over domestic debt restructuring

March 21, 2023 2 min read

Sri Lanka stocks edge up in thin trade on expected IMF approval

The final decision from the IMF executive board is expected late night on Monday.

March 20, 2023 2 min read

Sri Lanka gets Malaysian nod for 10,000 security guard jobs

"We are working towards achieving the target of earning one billion dollars as monthly foreign remittance"

March 20, 2023 2 min read

1,000 tonne crane unloaded at Sri Lanka's China backed port

he equipment by road in two days to Mannar for assembly, where the wind turbines are being erected.

March 19, 2023 1 min read
Sri Lanka to open airport services to private sector

Plans public private partnerships for aviation services in aerodromes

Sri Lanka's proposed anti-corruption bill has failed to encourage whistleblowers - TISL

The new bill is expected to be brought to parliament and enacted by June this year.

Sri Lanka's shares down in mid day trade

Top losers were Expolanka, LOLC, Richard Pieris and Company.

December 23, 2022 1 min read

Sri Lanka to use vehicles confiscated by Customs for police work

Sri Lanka also plans to set up 111 new police stations.

Neshella Perera
December 22, 2022 2 min read

Sri Lanka trains more teachers for IT subjects

There are approximately 20,000 IT job openings in the public and private sectors

December 21, 2022 2 min read

Sri Lanka promises interest subsidies to egg farmers crippled by price controls

“Ministry officials to grant loans for the egg producers under a minimum interest rate to reduce production costs."

Neshella Perera
December 15, 2022 2 min read

Cyclone Mandous kills hundreds of livestock in Sri Lanka's northern farms

"These kinds of tragedies occur every other year due to the extreme hot climatic conditions, floods and so on.

Roshani Fernando
December 10, 2022 2 min read
1

Sri Lanka's shares gain in mid market trade

"Some of the index heavy counters are dominating today," analysts said. 

December 6, 2022 1 min read

Sri Lanka's shares gain in mid market trade

"The market was pushed up over the news of a potential 10 year debt moratorium," analysts said. 

December 5, 2022 1 min read

Sri Lanka's shares gain in mid market trade

Market has continued to gain for the past four sessions. 

December 1, 2022 1 min read

India, China use own geopolitical strategy to keep crisis-hit Sri Lanka in check

India, China deal with crisis-hit Sri Lanka in a way to anger each other

November 30, 2022 5 min read
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Sri Lanka shares edge up in mid day trade

"Market is still being pushed by Expolanka's expansion news, while Lanka IOC is moving on higher valuation."

November 29, 2022 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 283.8763 290.6745
UK Pound 352.3039 358.1710
Euro 302.2424 309.9647
Aus Dollar 183.5776 188.4064
Yen 2.0303 188.4064
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5400 3.5935
Korea Won 0.2216 0.2248
Oman Rial 759.5857 770.5802
Saudi Riyal 77.9716 79.1149
UAE Dirham 79.6253 80.7822
Source: Central Bank/Indicative
pts %
S&P SL20 2,470.42 2.02 %
CSE All Share 8,668.40 1.59 %
Turnover Rs million 1,335,527,883 575,340,332
Source: CSE
Latest Last
3-m bill 24.64 24.60
6-m bill 24.24 24.36
12-m bill 22.37 22.36
5-yr bond 24.98 24.79
8-yr bond 23.82 23.16
Source: Central Bank/Indicative
today yesterday
Overnight Money 14.00 16.50
Gilt Repo 14.00 16.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka targets China cruises

Sri Lankan Ambassador in China had proposed creating four/five cruise itineraries in the island.

November 27, 2022 2 min read

Sri Lanka bond yields ease, bills high

CBSL to hold policy decision meeting on Thursday

November 23, 2022 2 min read

Sri Lanka minister aims ambitious $1 bln monthly remittance by 2023

Monthly remittances have started rise year-on-year in September for the first time in 16 months

Roshani Fernando
November 19, 2022 2 min read

Analysts' view on Sri Lanka's 2023 budget

Analysts have a mixed view on the 2023 budget

Melkishiya Andrew and Roshani Fernando
November 14, 2022 3 min read

Sri Lanka raises Rs.49 bln via T-bonds; rejects over 72% bids amid demand for high yield

Borrowing cost has been over 30%, but dealers have demanded much more than that - sources

November 11, 2022 1 min read

Inflation in Colombo falls in Oct. compared to June - Bath Curry Indicator

Year on year, BCI shows that food prices have risen 53% in October 2022.

November 11, 2022 1 min read

Heavy rains likely to cut crisis-hit Sri Lanka's tea production, exports

Tea is Sri Lanka's main export crop and earns over $1.5 billion export revenue annually.

Mahadiya Hamza
November 9, 2022 2 min read

Crisis-hit Sri Lanka likely to see $100 million from Canada diaspora

“Certain enterprise laws will be altered for the interest of brining investment to Sri Lanka."

Neshella Perera  
November 5, 2022 2 min read

Sri Lanka T-bond yields edge down; rupee peg steady 

Trading was dull as investors awaited for directions from 2023 budget

November 3, 2022 1 min read

Sri Lanka shares move up in mid-day trade

Market slipped in the last two sessions

November 1, 2022 1 min read
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