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Sri Lanka may have to reconsider room rate: State Minister | 30-Apr-24 | Tourism | Tour operators have opposed the price controls, saying it amounts to illegal price-fixing in other markets. | Sri Lanka may have to reconsider room rate: State Minister Tour operators have opposed the price controls, saying it amounts to illegal price-fixing in other markets. | NEGATIVE | Consumer Services |
Sri Lanka rupee trades at 297.50/298.50 to US dollar | 30-Apr-24 | Bonds & Forex | Bond yields were down | Sri Lanka rupee trades at 297.50/298.50 to US dollar Bond yields were down | NEGATIVE | Banks |
Sri Lanka should regulate 'illegal prostitution' for safety: State Minister | 29-Apr-24 | Economy | Sri Lanka has seen sharp rise in number of AIDS-infected people in the last year | Sri Lanka should regulate 'illegal prostitution' for safety: State Minister Sri Lanka has seen sharp rise in number of AIDS-infected people in the last year | NEGATIVE | Commercial & Professional Services |
Sri Lanka to declare 49 new tourism zones: State Minister | 29-Apr-24 | Tourism | Sri Lanka already has declared 15 tourism zones | Sri Lanka to declare 49 new tourism zones: State Minister Sri Lanka already has declared 15 tourism zones | NEGATIVE | Consumer Services |
Sri Lanka sells Rs99b in 2028 to 2032 bonds | 29-Apr-24 | Bonds & Forex | Almost all offered R100bn in bonds were sold | Sri Lanka sells Rs99b in 2028 to 2032 bonds Almost all offered R100bn in bonds were sold | NEGATIVE | Banks |
Fitch affirms Sri Lanka's UB Finance rating at 'BB(lka)' | 29-Apr-24 | Stocks & Companies | The rating agency expects the proposed rights issue to bridge UBF's regulatory capital shortfall. | Fitch affirms Sri Lanka's UB Finance rating at 'BB(lka)' The rating agency expects the proposed rights issue to bridge UBF's regulatory capital shortfall. | NEGATIVE | Banks |
Young Sri Lankan innovators showcase new ideas, creations at DreamCraft | 29-Apr-24 | Education | Sri Lanka is in process to introduce STEAM-oriented education to revamp outdated system | Young Sri Lankan innovators showcase new ideas, creations at DreamCraft Sri Lanka is in process to introduce STEAM-oriented education to revamp outdated system | NEGATIVE | Commercial & Professional Services |
Sri Lanka rupee closes weaker at 297.80/298.50 to US dollar | 29-Apr-24 | Bonds & Forex | Bond yields were down, dealers said. | Sri Lanka rupee closes weaker at 297.80/298.50 to US dollar Bond yields were down, dealers said. | NEGATIVE | Banks |
More steps need to improve Sri Lanka’s night economic activities to woo tourists: State Minister | 29-Apr-24 | Economy | Sri Lanka State Tourism Minister wants vibrant night time economy to boost tourism | More steps need to improve Sri Lanka’s night economic activities to woo tourists: State Minister Sri Lanka State Tourism Minister wants vibrant night time economy to boost tourism | POSITIVE | Consumer Services |
Sri Lanka stocks close up, turnover tops 4bn for a second day | 29-Apr-24 | Stocks & Companies | Turnover was at 4.1 billion. 1.2 of this came from the capital goods sector. | Sri Lanka stocks close up, turnover tops 4bn for a second day Turnover was at 4.1 billion. 1.2 of this came from the capital goods sector. | NEGATIVE | Capital Goods |
Sri Lanka Bar calls for police minister to be replaced | 29-Apr-24 | Legal | Minister's statement perpetuates dangerous misconception that justice can be administered arbitrarily | Sri Lanka Bar calls for police minister to be replaced Minister's statement perpetuates dangerous misconception that justice can be administered arbitrarily | NEGATIVE | Commercial & Professional Services |
Sri Lanka's Sarvodaya DF gets 3mn loan from EU for agriculture | 29-Apr-24 | Agriculture | Loan from EDFI Management Company, which is funded through European Union, to develop agri portfolio in the country | Sri Lanka's Sarvodaya DF gets 3mn loan from EU for agriculture Loan from EDFI Management Company, which is funded through European Union, to develop agri portfolio in the country | NEGATIVE | Food, Beverage & Tobacco |
No plan to support UNP or any other party, will only help rebuild SLFP: CBK | 29-Apr-24 | Politics | "The SLFP has fractured and is now split to six or seven groups. It has been fallen to zero," she said. | No plan to support UNP or any other party, will only help rebuild SLFP: CBK "The SLFP has fractured and is now split to six or seven groups. It has been fallen to zero," she said. | NEGATIVE | Commercial & Professional Services |
Sri Lanka to pay Rs 5 Bn in pending EPF, ETF to state plantation workers | 29-Apr-24 | Economy | "A cabinet paper will be submitted this Monday to pay this entire amount by the government this year," he said. | Sri Lanka to pay Rs 5 Bn in pending EPF, ETF to state plantation workers "A cabinet paper will be submitted this Monday to pay this entire amount by the government this year," he said. | NEGATIVE | Banks |
Time for global north to walk the talk, Sri Lanka official tells World Economic Forum | 29-Apr-24 | International Relations | "I think this is time for the global north to walk the talk and collaborate," he said. | Time for global north to walk the talk, Sri Lanka official tells World Economic Forum "I think this is time for the global north to walk the talk and collaborate," he said. | POSITIVE | Commercial & Professional Services |
Sri Lanka's beggars at traffic lights earning Rs20,000 a day claim police | 29-Apr-24 | Accidents | Police, Automobile Association seek public help to address beggar menace in city | Sri Lanka's beggars at traffic lights earning Rs20,000 a day claim police Police, Automobile Association seek public help to address beggar menace in city | NEGATIVE | Commercial & Professional Services |
Japan Foreign Minister Yoko Kamikawa to visit Sri Lanka | 29-Apr-24 | Political News | To have discussions with Foreign Minister Sabry and meet President and Prime Minister | Japan Foreign Minister Yoko Kamikawa to visit Sri Lanka To have discussions with Foreign Minister Sabry and meet President and Prime Minister | POSITIVE | Commercial & Professional Services |
Sri Lanka rupee opens at 296.20/40 to US dollar | 29-Apr-24 | Bonds & Forex | Bond yields were down | Sri Lanka rupee opens at 296.20/40 to US dollar Bond yields were down | NEGATIVE | Banks |
Sri Lanka's EPF net contributions turn negative in 2023 | 29-Apr-24 | Economy | Demographers have warned that outflows from the EPF would exceed inflows as Sri Lanka's population aged | Sri Lanka's EPF net contributions turn negative in 2023 Demographers have warned that outflows from the EPF would exceed inflows as Sri Lanka's population aged | NEGATIVE | Banks |
Sri Lanka’s car market set to coast downhill | 28-Apr-24 | Economy | Brand new vans advertised for around half the price of asking price of some second hand ones | Sri Lanka’s car market set to coast downhill Brand new vans advertised for around half the price of asking price of some second hand ones | NEGATIVE | Automobiles & Components |
Sri Lanka to pay 13.0-pct return to EPF holders for 2023: Minister | 28-Apr-24 | Economy | It was higher than the 9.0 percent return the EPF had paid in recent years | Sri Lanka to pay 13.0-pct return to EPF holders for 2023: Minister It was higher than the 9.0 percent return the EPF had paid in recent years | POSITIVE | Banks |
Sri Lanka expects 8.5-pct credit growth, $20bn imports in 2024 | 28-Apr-24 | Economy | Imports are expected to recover to 20 billion dollars in 2024 from 16.8 billion in 2023. | Sri Lanka expects 8.5-pct credit growth, $20bn imports in 2024 Imports are expected to recover to 20 billion dollars in 2024 from 16.8 billion in 2023. | NEGATIVE | Banks |
Sri Lanka coconut prices tumble for third week at auction | 28-Apr-24 | Agriculture | Coconut prices are down 16 percent from the last auction in December 2023 | Sri Lanka coconut prices tumble for third week at auction Coconut prices are down 16 percent from the last auction in December 2023 | NEGATIVE | Food, Beverage & Tobacco |
Sri Lanka to heat up coffee culture amid tourist revival | 28-Apr-24 | Agriculture | Sri Lanka Coffee festival to be held in June for the third time | Sri Lanka to heat up coffee culture amid tourist revival Sri Lanka Coffee festival to be held in June for the third time | POSITIVE | Consumer Services |
Sri Lanka businesses must embrace competition: President | 27-Apr-24 | Business | “We must understand how to influence market forces, perhaps even manipulate or direct them,” | Sri Lanka businesses must embrace competition: President “We must understand how to influence market forces, perhaps even manipulate or direct them,” | POSITIVE | Commercial & Professional Services |
Sri Lanka’s Ceylon tea exports increase in March | 27-Apr-24 | Tea | Total quantity of tea exported including re-exports with imported tea amounted to 21.25 million kilos. | Sri Lanka’s Ceylon tea exports increase in March Total quantity of tea exported including re-exports with imported tea amounted to 21.25 million kilos. | POSITIVE | Food, Beverage & Tobacco |
Government in the process of transitioning Sri Lanka economy: State minister | 27-Apr-24 | Economic Crisis | "Measures to stabilize the economy have thus far been successful" | Government in the process of transitioning Sri Lanka economy: State minister "Measures to stabilize the economy have thus far been successful" | POSITIVE | Commercial & Professional Services |
Sri Lanka budget deficit down in 2023, tax revenue up 54-pct | 27-Apr-24 | Economy | Deficit lower in absolute terms and as a share of GDP | Sri Lanka budget deficit down in 2023, tax revenue up 54-pct Deficit lower in absolute terms and as a share of GDP | NEGATIVE | Banks |
Sri Lanka changes fuel price formula ahead of polls; allow flexibility on profit margin | 27-Apr-24 | Energy | Government has reduced the profit margin to 1% from 4% last month to maintain the prices: D V Chanaka | Sri Lanka changes fuel price formula ahead of polls; allow flexibility on profit margin Government has reduced the profit margin to 1% from 4% last month to maintain the prices: D V Chanaka | POSITIVE | Energy |
Shell asked to bring premium fuels to start Sri Lanka retail distribution | 26-Apr-24 | Energy | Shell has already imported petrol and diesel consignments: State Minister | Shell asked to bring premium fuels to start Sri Lanka retail distribution Shell has already imported petrol and diesel consignments: State Minister | NEGATIVE | Energy |
Sri Lanka rupee closes stronger at 296.00/30 to US dollar | 26-Apr-24 | Bonds & Forex | Bond yields were down, dealers said. | Sri Lanka rupee closes stronger at 296.00/30 to US dollar Bond yields were down, dealers said. | NEGATIVE | Banks |
Sri Lanka stocks close up, capital goods drive turnover | 26-Apr-24 | Stocks & Companies | Turnover was at 4.1 billion. 1.4 of this came from the capital goods sector. | Sri Lanka stocks close up, capital goods drive turnover Turnover was at 4.1 billion. 1.4 of this came from the capital goods sector. | NEGATIVE | Capital Goods |
Sri Lanka to draft criminal asset recovery law | 26-Apr-24 | Economic Crisis | Legal draftsman has been instructed to draft a bill on criminal asset recovery | Sri Lanka to draft criminal asset recovery law Legal draftsman has been instructed to draft a bill on criminal asset recovery | NEGATIVE | Commercial & Professional Services |
Sri Lanka panel to draw up petroleum regulator law | 26-Apr-24 | Petroleum | Committee to study introduction of a new regulatory body for the power sector | Sri Lanka panel to draw up petroleum regulator law Committee to study introduction of a new regulatory body for the power sector | POSITIVE | Energy |
SriLankan to codeshare with Air Seychelles to Africa | 26-Apr-24 | Aviation | New codeshare will expand travel options for passengers from Australia to Africa | SriLankan to codeshare with Air Seychelles to Africa New codeshare will expand travel options for passengers from Australia to Africa | POSITIVE | Transportation |
German research ship allowed Sri Lanka port call after Chinese-protest led clarification | 26-Apr-24 | Gropolitics | China strongly protested for allowing German research ship last month | German research ship allowed Sri Lanka port call after Chinese-protest led clarification China strongly protested for allowing German research ship last month | NEGATIVE | Transportation |
Sri Lanka's Mattala Airport to be managed by India, Russia companies | 26-Apr-24 | Aviation | Management of MRIA awarded to Russia-India joint venture on a 30-year contract | Sri Lanka's Mattala Airport to be managed by India, Russia companies Management of MRIA awarded to Russia-India joint venture on a 30-year contract | NEGATIVE | Transportation |
Colombo to become tourist city, no more aragalaya: Sri Lanka President | 26-Apr-24 | Economy | Republic Square, Navy Headquarters, Old Jetty, Customs House and GPO key components of Colombo Tourist City | Colombo to become tourist city, no more aragalaya: Sri Lanka President Republic Square, Navy Headquarters, Old Jetty, Customs House and GPO key components of Colombo Tourist City | POSITIVE | Consumer Services |
Sri Lanka rupee opens stronger at 296.10/20 to US dollar | 26-Apr-24 | Bonds & Forex | Bond yields were down | Sri Lanka rupee opens stronger at 296.10/20 to US dollar Bond yields were down | NEGATIVE | Banks |
Sri Lanka travel trade promised private visa levies would be lifted from May | 25-Apr-24 | Economy | We have now been assured by the Hon Minister of Tourism that the process will be reversed by 1st May | Sri Lanka travel trade promised private visa levies would be lifted from May We have now been assured by the Hon Minister of Tourism that the process will be reversed by 1st May | NEGATIVE | Consumer Services |
Sri Lanka planning to cut withholding tax on interest to help retirees: Minister | 25-Apr-24 | Economy | Withholding tax may be lifted on interest below Rs100,000 a month | Sri Lanka planning to cut withholding tax on interest to help retirees: Minister Withholding tax may be lifted on interest below Rs100,000 a month | NEGATIVE | Banks |
Sri Lanka rupee closes stronger at 296.85/297.00 to US dollar | 25-Apr-24 | Bonds & Forex | Bond yields were down | Sri Lanka rupee closes stronger at 296.85/297.00 to US dollar Bond yields were down | NEGATIVE | Banks |
Sri Lanka stocks close up, market gets bullish | 25-Apr-24 | Stocks & Companies | Banks were driving this bullishness. Tourism sector also attracted interest. | Sri Lanka stocks close up, market gets bullish Banks were driving this bullishness. Tourism sector also attracted interest. | POSITIVE | Banks |
SriLankan Engineering implements AMOS ERP | 25-Apr-24 | Aviation | It will be able to boost engineering productivity, reduce costs and maintain quality and consistency in its maintenance | SriLankan Engineering implements AMOS ERP It will be able to boost engineering productivity, reduce costs and maintain quality and consistency in its maintenance | POSITIVE | Transportation |
Japan grants US$3mn for inland cage aquaculture, hatcheries in Sri Lanka | 25-Apr-24 | Fisheries | The funds will establish four community-operated mini hatcheries in Batticaloa, Mullaitivu, Anuradhapura and Monaragala | Japan grants US$3mn for inland cage aquaculture, hatcheries in Sri Lanka The funds will establish four community-operated mini hatcheries in Batticaloa, Mullaitivu, Anuradhapura and Monaragala | POSITIVE | Food, Beverage & Tobacco |
Unions threaten to "defeat" Sri Lanka electricity reforms bill outside parliament | 25-Apr-24 | Energy | "We say to parliament members, if you have a conscience, do not raise your hand in support of this bill," added Jayalal. | Unions threaten to "defeat" Sri Lanka electricity reforms bill outside parliament "We say to parliament members, if you have a conscience, do not raise your hand in support of this bill," added Jayalal. | NEGATIVE | Utilities |
Sri Lanka presidential debate: NPP fires back at SJB, asks for alternative dates | 25-Apr-24 | Politics | "Okay. In that case, we ask the SJB to [propose alternative dates]," he said. | Sri Lanka presidential debate: NPP fires back at SJB, asks for alternative dates "Okay. In that case, we ask the SJB to [propose alternative dates]," he said. | NEGATIVE | Commercial & Professional Services |
Climate summit to discuss growth opportunities for Sri Lanka businesses: Chamber | 25-Apr-24 | Business | "Our competitiveness in the global marketplace is going down as a result of climate change." | Climate summit to discuss growth opportunities for Sri Lanka businesses: Chamber "Our competitiveness in the global marketplace is going down as a result of climate change." | NEGATIVE | Commercial & Professional Services |
Sri Lanka will need Rs 40 Bn to increase senior citizens' interest rate to 15 pct | 25-Apr-24 | Economy | He said the Treasury will take a decision with "great care". | Sri Lanka will need Rs 40 Bn to increase senior citizens' interest rate to 15 pct He said the Treasury will take a decision with "great care". | POSITIVE | Banks |
Sri Lanka rupee opens stronger at 297.10/20 to US dollar | 25-Apr-24 | Bonds & Forex | Bond yields were down | Sri Lanka rupee opens stronger at 297.10/20 to US dollar Bond yields were down | NEGATIVE | Banks |
Sri Lanka worker migration, passport issues, begin to decline | 25-Apr-24 | Economy | Total departures for all purposes see a recovery | Sri Lanka worker migration, passport issues, begin to decline Total departures for all purposes see a recovery | POSITIVE | Commercial & Professional Services |
No company has come forward to offer Sri Lanka female prisoners paid work: Official | 24-Apr-24 | Employment | Male prisoners have been given work by some private companies for which they are paid 1024 rupees a day. | No company has come forward to offer Sri Lanka female prisoners paid work: Official Male prisoners have been given work by some private companies for which they are paid 1024 rupees a day. | NEGATIVE | Commercial & Professional Services |
Sri Lanka Treasury bill yields fall across maturities, 3-months 9.90-pct | 24-Apr-24 | Bonds & Forex | All offered bills sold | Sri Lanka Treasury bill yields fall across maturities, 3-months 9.90-pct All offered bills sold | NEGATIVE | Banks |
Sri Lanka rupee closes stronger at 297.95/298.10 to US dollar | 24-Apr-24 | Bonds & Forex | Bond yields were flat | Sri Lanka rupee closes stronger at 297.95/298.10 to US dollar Bond yields were flat | NEGATIVE | Banks |
Global South’s desire to establish independence hinted at Sri Lanka-Iran leaders’ talk | 24-Apr-24 | International Relations | Analysts say Sri Lanka has been receiving more assistance from Global South than rich Global North | Global South’s desire to establish independence hinted at Sri Lanka-Iran leaders’ talk Analysts say Sri Lanka has been receiving more assistance from Global South than rich Global North | NEGATIVE | Commercial & Professional Services |
Sri Lanka stocks close up, small caps see buying interest | 24-Apr-24 | Stocks & Companies | "There was a run on penny stocks, possibly because banking stocks had slowed down," market participants said. | Sri Lanka stocks close up, small caps see buying interest "There was a run on penny stocks, possibly because banking stocks had slowed down," market participants said. | NEGATIVE | Banks |
Sri Lanka, Iran Presidents inaugurate Uma Oya hydro-electric project | 24-Apr-24 | Economy | Th irrigation and hydropower project was designed and built by Iran's Farab engineering group. | Sri Lanka, Iran Presidents inaugurate Uma Oya hydro-electric project Th irrigation and hydropower project was designed and built by Iran's Farab engineering group. | NEGATIVE | Energy |
Sri Lanka FinMin says to confiscate 112 vehicles imported illegally | 24-Apr-24 | Corruption | 112 vehicles worth more than 7 billion rupees: State Minister | Sri Lanka FinMin says to confiscate 112 vehicles imported illegally 112 vehicles worth more than 7 billion rupees: State Minister | NEGATIVE | Automobiles & Components |
Iran President lands in Sri Lanka to open hydro-electric project | 24-Apr-24 | Economy | . | Iran President lands in Sri Lanka to open hydro-electric project . | POSITIVE | Energy |
Sri Lanka rupee opens stronger at 300.00/40 to US dollar | 24-Apr-24 | Bonds & Forex | Bonds were broadly stable | Sri Lanka rupee opens stronger at 300.00/40 to US dollar Bonds were broadly stable | POSITIVE | Banks |
Sri Lanka's SJB wants mutually agreeable dates for debate with NPP | 24-Apr-24 | Politics | "Sajith Premadasa is keen to have this debate," he said. | Sri Lanka's SJB wants mutually agreeable dates for debate with NPP "Sajith Premadasa is keen to have this debate," he said. | POSITIVE | Commercial & Professional Services |
Sri Lanka closes express highway, tightens security for Iran President’s visit | 24-Apr-24 | Defence | Raisi's visit comes after Iran's attack on Israel 10 days ago. | Sri Lanka closes express highway, tightens security for Iran President’s visit Raisi's visit comes after Iran's attack on Israel 10 days ago. | POSITIVE | Transportation |
Sri Lanka financial account turns $1.3bn in to deficit in 2023 amid heavy repayments | 24-Apr-24 | Economy | The financial account was 1.3 billion dollars in deficit in 2023 | Sri Lanka financial account turns $1.3bn in to deficit in 2023 amid heavy repayments The financial account was 1.3 billion dollars in deficit in 2023 | NEGATIVE | Banks |
Sri Lanka Freedom Party officials squabble over Rajapakshe appointment | 24-Apr-24 | Politics | SLFP spokesmen also disagree over Rajapakshe's purported candidacy at the upcoming presidential election. | Sri Lanka Freedom Party officials squabble over Rajapakshe appointment SLFP spokesmen also disagree over Rajapakshe's purported candidacy at the upcoming presidential election. | NEGATIVE | Commercial & Professional Services |
Sri Lanka education reforms to involve input of professionals, other stakeholders | 24-Apr-24 | Education | Globally, he said, the traditional schooling system and supplementary classes are intertwined. | Sri Lanka education reforms to involve input of professionals, other stakeholders Globally, he said, the traditional schooling system and supplementary classes are intertwined. | POSITIVE | Commercial & Professional Services |
Anger, suspicion prevail as Sri Lanka Catholics mark fifth year of Easter attack | 23-Apr-24 | Uncategorized | Catholic leaders strongly express their disappointment over Easter Sunday attack | Anger, suspicion prevail as Sri Lanka Catholics mark fifth year of Easter attack Catholic leaders strongly express their disappointment over Easter Sunday attack | NEGATIVE | Commercial & Professional Services |
Sri Lanka single borrower limits cut to 25-pct of bank capital, SOEs also included | 23-Apr-24 | Banking | Banks will have to limit exposures to 25 percent starting from January 2026 | Sri Lanka single borrower limits cut to 25-pct of bank capital, SOEs also included Banks will have to limit exposures to 25 percent starting from January 2026 | NEGATIVE | Banks |
Iran President to open Sri Lanka $514mn irrigation, hydro power project | 23-Apr-24 | Agriculture | Project designed and built by Iran's Farab engineering group | Iran President to open Sri Lanka $514mn irrigation, hydro power project Project designed and built by Iran's Farab engineering group | POSITIVE | Energy |
Sri Lanka state oligopoly allowed to import some black gram | 23-Apr-24 | Economy | STC, Food Promotion Board and Hadabima Authority allowed to import some black gram | Sri Lanka state oligopoly allowed to import some black gram STC, Food Promotion Board and Hadabima Authority allowed to import some black gram | NEGATIVE | Food, Beverage & Tobacco |
Sri Lanka Foreign Ministry consular division shifted to Battaramulla | 23-Apr-24 | Political News | Urgent applications to be submitted by April 26 due to closure | Sri Lanka Foreign Ministry consular division shifted to Battaramulla Urgent applications to be submitted by April 26 due to closure | NEGATIVE | Commercial & Professional Services |
Sri Lanka exceeds tax revenue target by 6% in first quarter | 22-Apr-24 | Economy | State Minister believes the 2024 revenue target is achievable | Sri Lanka exceeds tax revenue target by 6% in first quarter State Minister believes the 2024 revenue target is achievable | POSITIVE | Banks |
Sri Lanka rupee closes stronger at 300.50/301.00 to US dollar | 22-Apr-24 | Bonds & Forex | The rupee closed at 302.00/50 to the US dollar on Friday amid moral suasion | Sri Lanka rupee closes stronger at 300.50/301.00 to US dollar The rupee closed at 302.00/50 to the US dollar on Friday amid moral suasion | NEGATIVE | Banks |
Air Asia, SriLanka's FITS, Hayleys bid for SriLankan Airlines | 22-Apr-24 | Economy | Six parties bid for SriLankan stake | Air Asia, SriLanka's FITS, Hayleys bid for SriLankan Airlines Six parties bid for SriLankan stake | NEGATIVE | Transportation |
Sri Lanka stocks up on financials, retail buying | 22-Apr-24 | Markets | Foreigners bought a net of 44 million worth shares | Sri Lanka stocks up on financials, retail buying Foreigners bought a net of 44 million worth shares | POSITIVE | Banks |
Anti-Indian leader gets over two-third majority in Maldives parliamentary polls | 22-Apr-24 | Politics | Muizzu's "India out" camoaign worked successfully, analysts say | Anti-Indian leader gets over two-third majority in Maldives parliamentary polls Muizzu's "India out" camoaign worked successfully, analysts say | POSITIVE | Commercial & Professional Services |
India’s ITC to launch over $300 mln worth Sri Lankan property this week | 22-Apr-24 | Tourism | ITC Ratnadipa started construction in 2014 and faced several delays | India’s ITC to launch over $300 mln worth Sri Lankan property this week ITC Ratnadipa started construction in 2014 and faced several delays | NEGATIVE | Real Estate Management&Development |
Sri Lanka president to contest election under independent party symbol: UNP | 22-Apr-24 | Politics | "If the SLPP contests, their symbol will be there on the ballot paper," he said. | Sri Lanka president to contest election under independent party symbol: UNP "If the SLPP contests, their symbol will be there on the ballot paper," he said. | NEGATIVE | Commercial & Professional Services |
Sri Lanka rupee quoted in spot-next dollar market after pressure | 22-Apr-24 | Bonds & Forex | Bond market flat | Sri Lanka rupee quoted in spot-next dollar market after pressure Bond market flat | NEGATIVE | Banks |
Sri Lanka Freedom Party has had to import acting chairman: Dayasiri | 22-Apr-24 | Politics | Speaking at an event, Jayasekara lamented the state of the once-powerful party. | Sri Lanka Freedom Party has had to import acting chairman: Dayasiri Speaking at an event, Jayasekara lamented the state of the once-powerful party. | NEGATIVE | Commercial & Professional Services |
Ramayana trail will be game changer for Sri Lanka tourism: Indian envoy | 22-Apr-24 | Tourism | More Indians are interested in visiting Hindu and Buddhist temples in Sri Lanka: Jha | Ramayana trail will be game changer for Sri Lanka tourism: Indian envoy More Indians are interested in visiting Hindu and Buddhist temples in Sri Lanka: Jha | POSITIVE | Consumer Services |
US, Sri Lanka navies to conduct CARAT 2024 exercise in Trincomalee | 22-Apr-24 | Defence | "CARAT Sri Lanka will feature the expertise of the US Fleet Anti-Terrorism Security Team (FAST)." | US, Sri Lanka navies to conduct CARAT 2024 exercise in Trincomalee "CARAT Sri Lanka will feature the expertise of the US Fleet Anti-Terrorism Security Team (FAST)." | POSITIVE | Commercial & Professional Services |
Sri Lanka expects to finish Adani wind power price talks by May | 22-Apr-24 | Energy | May be by May we hope to conclude the negotiations | Sri Lanka expects to finish Adani wind power price talks by May May be by May we hope to conclude the negotiations | POSITIVE | Energy |
IMF official: Sri Lanka’s road ahead is challenging, critical to keep up with reform momentum | 22-Apr-24 | Economy | Sri Lanka has implemented a raft of hard reforms under IMF programme | IMF official: Sri Lanka’s road ahead is challenging, critical to keep up with reform momentum Sri Lanka has implemented a raft of hard reforms under IMF programme | POSITIVE | Banks |
Sri Lanka motor racing crash claims 7 lives, 4 critical | 21-Apr-24 | Miscellaneous | Racing car ploughs into spectators | Sri Lanka motor racing crash claims 7 lives, 4 critical Racing car ploughs into spectators | NEGATIVE | Automobiles & Components |
Widespread support for Sri Lanka debt workout, reform progress at IMF/WB meet: Minister | 21-Apr-24 | Economy | The strides made in our economic recovery and financial stability have been acknowledged as significant advancements | Widespread support for Sri Lanka debt workout, reform progress at IMF/WB meet: Minister The strides made in our economic recovery and financial stability have been acknowledged as significant advancements | POSITIVE | Banks |
Sri Lanka choices recalled in Vietnam debate on monetary and fiscal options to target output | 21-Apr-24 | Economy | So there is an issue of policy mix which we're talking, which we've been engaging the authorities with | Sri Lanka choices recalled in Vietnam debate on monetary and fiscal options to target output So there is an issue of policy mix which we're talking, which we've been engaging the authorities with | NEGATIVE | Banks |
Sri Lanka's Easter Bombings: A Preventable Tragedy | 21-Apr-24 | Op-ed/Special Reports | If it was, preventable, then why was it not? | Sri Lanka's Easter Bombings: A Preventable Tragedy If it was, preventable, then why was it not? | NEGATIVE | Commercial & Professional Services |
SriLankan Air Europe flight times extended, payloads cut amid Israel-Iran attacks | 20-Apr-24 | Aviation | Passenger miss flights due to earlier departures | SriLankan Air Europe flight times extended, payloads cut amid Israel-Iran attacks Passenger miss flights due to earlier departures | NEGATIVE | Transportation |
Sri Lanka's Softlogic says restructuring debt, seeking investors for hotels, ODEL | 20-Apr-24 | Markets | One key strategy is the disposal of identified assets, phasing out certain sectors of the Group, and infusing equity | Sri Lanka's Softlogic says restructuring debt, seeking investors for hotels, ODEL One key strategy is the disposal of identified assets, phasing out certain sectors of the Group, and infusing equity | POSITIVE | Retailing |
Paris Club reassures continued support to debt restructuring Sri Lanka | 20-Apr-24 | Debt Restructuring | Sri Lanka's debt restructuring process has been slower than expected | Paris Club reassures continued support to debt restructuring Sri Lanka Sri Lanka's debt restructuring process has been slower than expected | NEGATIVE | Here's the list of industries for the news items you've provided, using the expanded list of categories: |
Overcoming Old and New Challenges for an Inclusive Democracy | 20-Apr-24 | Political News | Such a fund, he says would ensure transparency. | Overcoming Old and New Challenges for an Inclusive Democracy Such a fund, he says would ensure transparency. | POSITIVE | Banks |
Sri Lanka discussing extra land, water, for Chinese oil refinery | 19-Apr-24 | Energy | Discussions with China's Sinopec to give extra land, assure water supplies after company decided to expand capacity | Sri Lanka discussing extra land, water, for Chinese oil refinery Discussions with China's Sinopec to give extra land, assure water supplies after company decided to expand capacity | NEGATIVE | Commercial & Professional Services |
Sri Lanka rupee closes weaker at 302.00/50 to the US dollar | 19-Apr-24 | Bonds & Forex | Bond yields were broadly steady | Sri Lanka rupee closes weaker at 302.00/50 to the US dollar Bond yields were broadly steady | POSITIVE | Energy |
Sri Lanka stocks close down, banks trade down | 19-Apr-24 | Stocks & Companies | Turnover at 1.4bn. Diversified financials and banks continued to see selling pressure due to uncertainty on bond talks | Sri Lanka stocks close down, banks trade down Turnover at 1.4bn. Diversified financials and banks continued to see selling pressure due to uncertainty on bond talks | NEGATIVE | Banks |
Sri Lanka's Galadari plans $20mn loan from UAE's Masheq Bank | 19-Apr-24 | Stocks & Companies | Loan includes the principal facility of AED 73,400,000 and a green loan tranche up to AED 14,680,000 | Sri Lanka's Galadari plans $20mn loan from UAE's Masheq Bank Loan includes the principal facility of AED 73,400,000 and a green loan tranche up to AED 14,680,000 | NEGATIVE | Banks |
Sri Lanka opposition leader questions visa fee hike | 19-Apr-24 | Politics | "When this decision was made, did the government not do a scientific analysis?" he said. | Sri Lanka opposition leader questions visa fee hike "When this decision was made, did the government not do a scientific analysis?" he said. | NEGATIVE | Banks |
Wickremesinghe will win no more than 2.5 mn votes at presidential poll: SJB | 19-Apr-24 | Politics | "I predict that, if Mr Wickremesinghe contests, he won't get more than 2.5 million votes." | Wickremesinghe will win no more than 2.5 mn votes at presidential poll: SJB "I predict that, if Mr Wickremesinghe contests, he won't get more than 2.5 million votes." | NEGATIVE | Commercial & Professional Services |
Sri Lanka Catholic church spokesman questioned over info on Easter attack | 19-Apr-24 | Politics | "I don't know to what extent the statement I made will be useful," he said. | Sri Lanka Catholic church spokesman questioned over info on Easter attack "I don't know to what extent the statement I made will be useful," he said. | NEGATIVE | Commercial & Professional Services |
Sri Lanka's FitsAir begins Colombo-Dhaka flights | 19-Apr-24 | Aviation | FitsAir will initially operate two weekly flights Wednesday and Sunday on Dhaka-Colombo route with Airbus A320 aircraft | Sri Lanka's FitsAir begins Colombo-Dhaka flights FitsAir will initially operate two weekly flights Wednesday and Sunday on Dhaka-Colombo route with Airbus A320 aircraft | NEGATIVE | Commercial & Professional Services |
Sri Lanka to establish youth centres with bank executives and trade board members | 19-Apr-24 | Economy | "To nurture budding entrepreneurs through these centres," President | Sri Lanka to establish youth centres with bank executives and trade board members "To nurture budding entrepreneurs through these centres," President | POSITIVE | Transportation |