new_data_sentiments.csv

Headline,Date,Related Field,News Description,combined_text,sentiment,Industry
India funds Sri Lanka smart classroom project in estates,10-Jul-24,Education,"""The Indian Government is helping us financially to develop the quality of education","India funds Sri Lanka smart classroom project in estates ""The Indian Government is helping us financially to develop the quality of education",POSITIVE,Commercial & Professional Services
Sri Lanka rupee closes stronger at 303.63/72 to US dollar,10-Jul-24,Bonds & Forex,Bond yields were down.,Sri Lanka rupee closes stronger at 303.63/72 to US dollar Bond yields were down.,NEGATIVE,Banks
"Sri Lanka stocks close up, sentiment remains muted",10-Jul-24,Stocks & Companies,Turnover was 801 million.,"Sri Lanka stocks close up, sentiment remains muted Turnover was 801 million.",NEGATIVE,Banks
Sri Lanka Treasury bill yields begin to fall,10-Jul-24,Bonds & Forex,The 3-month yield fell 16bp to 9.91-pct,Sri Lanka Treasury bill yields begin to fall The 3-month yield fell 16bp to 9.91-pct,NEGATIVE,Banks
Sri Lanka president thanks state employees who turned up for work during strike,10-Jul-24,Politics,"""I want to thank the non-executive government employees who reported for duty on July 8 and 9.""","Sri Lanka president thanks state employees who turned up for work during strike ""I want to thank the non-executive government employees who reported for duty on July 8 and 9.""",POSITIVE,Commercial & Professional Services
Sri Lanka to decide on vehicle import liberalization in Aug second week,10-Jul-24,Autos,"Public transport vehicles, goods transport vehicles, and private vehicles will be imported under the regulations. ","Sri Lanka to decide on vehicle import liberalization in Aug second week Public transport vehicles, goods transport vehicles, and private vehicles will be imported under the regulations. ",NEGATIVE,Automobiles & Components
Dissident Sri Lanka ruling party group to back main opposition SJB: MP,10-Jul-24,Politics,"""Our talks with the main opposition SJB have been very successful.""","Dissident Sri Lanka ruling party group to back main opposition SJB: MP ""Our talks with the main opposition SJB have been very successful.""",POSITIVE,Commercial & Professional Services
"Sri Lanka lawmaking process deficient, avenue for public consultation vital: legislator",10-Jul-24,Economy,Professor Samarajiva made some very good proposals. The Supreme Court in it determination has agreed to these views,"Sri Lanka lawmaking process deficient, avenue for public consultation vital: legislator Professor Samarajiva made some very good proposals. The Supreme Court in it determination has agreed to these views",POSITIVE,Commercial & Professional Services
Sri Lanka to revive senior citizen interest subsidies?,10-Jul-24,Economy,"Bank interest rates need to be kept low. However, lower interest rates can disadvantage pensioners, ","Sri Lanka to revive senior citizen interest subsidies? Bank interest rates need to be kept low. However, lower interest rates can disadvantage pensioners, ",NEGATIVE,Banks
South Africa earthquake has no threat of Indian Ocean tsunami : Update II,10-Jul-24,Environment,.,South Africa earthquake has no threat of Indian Ocean tsunami : Update II .,POSITIVE,Commercial & Professional Services
Sri Lanka rupee opens weaker at 303.60/75 to US dollar,10-Jul-24,Bonds & Forex,"Bond yields were broadly steady, and stocks opened 0.41 percent up, dealers said.","Sri Lanka rupee opens weaker at 303.60/75 to US dollar Bond yields were broadly steady, and stocks opened 0.41 percent up, dealers said.",POSITIVE,Banks
"Sri Lanka in talks with UN body, ISBA over Cobalt-rich crust in Bay of Bengal amid Indian claim",10-Jul-24,EXPLORATION,Sri Lanka's claim for seamount is on hold after Indian request: Foreign Ministry ,"Sri Lanka in talks with UN body, ISBA over Cobalt-rich crust in Bay of Bengal amid Indian claim Sri Lanka's claim for seamount is on hold after Indian request: Foreign Ministry ",NEGATIVE,Materials

"Sri Lanka passes changes telecom law, allowing Starlink to be licensed",10-Jul-24,ICT,The new law will also provide a framework for to license and regulate cable landing stations,"Sri Lanka passes changes telecom law, allowing Starlink to be licensed The new law will also provide a framework for to license and regulate cable landing stations",POSITIVE,Telecommunication Services

Sri Lanka's WealthTrust Securities rated A- with stable outlook by LRA,10-Jul-24,Economy,The company a Capital Adequacy of 43.01-pct  far exceeding the statutory requirement of 10-pct,Sri Lanka's WealthTrust Securities rated A- with stable outlook by LRA The company a Capital Adequacy of 43.01-pct  far exceeding the statutory requirement of 10-pct,POSITIVE,Banks

Sri Lanka discussing US$100mn in financing from OPEC Fund,9-Jul-24,Economy,.The 100 million will go to support a project linked to Sri Lanka's Mahaweli River,Sri Lanka discussing US$100mn in financing from OPEC Fund .The 100 million will go to support a project linked to Sri Lanka's Mahaweli River,POSITIVE,Banks

Sri Lanka to reward public sector officials who did not strike,9-Jul-24,Economy,"They will also be issued a commendation certificate for future promotions,","Sri Lanka to reward public sector officials who did not strike They will also be issued a commendation certificate for future promotions,",POSITIVE,Commercial & Professional Services

Sri Lanka rupee closes stronger at 303.90/304.50 to US dollar,9-Jul-24,Bonds & Forex,Bond yields were broadly steady.,Sri Lanka rupee closes stronger at 303.90/304.50 to US dollar Bond yields were broadly steady.,POSITIVE,Banks

Sri Lanka to bring in 14 previously untaxed sectors into direct tax net: state minister,9-Jul-24,Economy,"The Inland Revenue Department (IRD) has studied the income of persons engaged in the 14 sectors, said Siyambalapitiya.","Sri Lanka to bring in 14 previously untaxed sectors into direct tax net: state minister The Inland Revenue Department (IRD) has studied the income of persons engaged in the 14 sectors, said Siyambalapitiya.",POSITIVE,Banks

"Sri Lanka stocks close down, activity remains low",9-Jul-24,Markets,"""Investors were not active and the turnover remained one of the lowest this year.""","Sri Lanka stocks close down, activity remains low ""Investors were not active and the turnover remained one of the lowest this year.""",NEGATIVE,Banks

Turkish naval ship to conduct passage exercise with Sri Lanka Navy,9-Jul-24,Defence,TCG Kinaliada will engage in a passage exercise (PASSEX) with a Sri Lanka Navy ship in Colombo seas ,Turkish naval ship to conduct passage exercise with Sri Lanka Navy TCG Kinaliada will engage in a passage exercise (PASSEX) with a Sri Lanka Navy ship in Colombo seas ,NEGATIVE,Transportation

Karu Jayasuriya appointed Chair of Sri Lanka's Former Parliamentarians’ Caucus,9-Jul-24,Politics,"ayasuriya's appointment was made unanimously at the first meeting of the caucus, parliament said.","Karu Jayasuriya appointed Chair of Sri Lanka's Former Parliamentarians’ Caucus ayasuriya's appointment was made unanimously at the first meeting of the caucus, parliament said.",POSITIVE,Commercial & Professional Services

Shanmugam Kugathasan sworn in as new MP in Sri Lanka parliament,9-Jul-24,Politics,He was sworn in before Speaker Mahinda Yapa Abeywardena in parliament Tuesday July 09 morning.,Shanmugam Kugathasan sworn in as new MP in Sri Lanka parliament He was sworn in before Speaker Mahinda Yapa Abeywardena in parliament Tuesday July 09 morning.,POSITIVE,Commercial & Professional Services

"Sri Lanka teacher salary hike, graduates drive up wage bill in 2023 as other sectors fall",9-Jul-24,Economy,.,"Sri Lanka teacher salary hike, graduates drive up wage bill in 2023 as other sectors fall .",NEGATIVE,Commercial & Professional Services

Sri Lanka opposition leader bats for teacher jobs for unemployed graduates,9-Jul-24,Education,"""Just because they are graduates, they can't be made teachers,""","Sri Lanka opposition leader bats for teacher jobs for unemployed graduates ""Just because they are graduates, they can't be made teachers,""",NEGATIVE,Commercial & Professional Services

Sri Lanka rupee opens stronger at 304.20/35 to US dollar,9-Jul-24,Markets,"Bond yields were flat, stocks were down","Sri Lanka rupee opens stronger at 304.20/35 to US dollar Bond yields were flat, stocks were down",NEGATIVE,Banks

"Sri Lanka will need Rs275bn to give Rs20,000 pay hike to state workers, hike VAT 4-pct: Minister",9-Jul-24,Economy,Import duties may have to be hiked 42-pct,"Sri Lanka will need Rs275bn to give Rs20,000 pay hike to state workers, hike VAT 4-pct: Minister Import duties may have to be hiked 42-pct",NEGATIVE,Banks

Sri Lanka cabinet nod for India-funded ID card project; proposal sent to Indian HC: State Min,8-Jul-24,Data Protection,The project has been long dragged due to data breach concerns ,Sri Lanka cabinet nod for India-funded ID card project; proposal sent to Indian HC: State Min The project has been long dragged due to data breach concerns ,NEGATIVE,Commercial & Professional Services

Sri Lanka govt to amend to TRC Act to accommodate Elon Musk’s Starlink,8-Jul-24,Information Technology,Sri Lanka has aimed for a $15 billion from digital economy by 2030,Sri Lanka govt to amend to TRC Act to accommodate Elon Musk’s Starlink Sri Lanka has aimed for a $15 billion from digital economy by 2030,NEGATIVE,Telecommunication Services

Sri Lanka public transport to get e-ticketing by end-2024: Official,8-Jul-24,Autos,"Electronic ticketing system for public transport services, including trains, will be introduced before the end of year","Sri Lanka public transport to get e-ticketing by end-2024: Official Electronic ticketing system for public transport services, including trains, will be introduced before the end of year",NEGATIVE,Transportation

Sri Lanka rupee closes stronger at 304.35/50 to US dollar,8-Jul-24,Bonds & Forex,"""Bond market was quiet""","Sri Lanka rupee closes stronger at 304.35/50 to US dollar ""Bond market was quiet""",NEGATIVE,Banks

"Sri Lanka stocks close down, Hemas and Sampath push turnover",8-Jul-24,Stocks & Companies,"Two crossings on Hemas Holdings Plc (Rs125mn), and Sampath Bank Plc (Rs113mn) contributed to the Rs657mn turnover","Sri Lanka stocks close down, Hemas and Sampath push turnover Two crossings on Hemas Holdings Plc (Rs125mn), and Sampath Bank Plc (Rs113mn) contributed to the Rs657mn turnover",NEGATIVE,Banks

Eight parties qualify to bid for Sri Lanka's Litro Gas,8-Jul-24,Economy,.,Eight parties qualify to bid for Sri Lanka's Litro Gas .,POSITIVE,Energy

Sri Lanka Supreme Court dismisses petition on presidential election: report,8-Jul-24,Politics,A five-judge bench delivered the verdict on the petition Monday July 08 afternoon.,Sri Lanka Supreme Court dismisses petition on presidential election: report A five-judge bench delivered the verdict on the petition Monday July 08 afternoon.,NEGATIVE,Commercial & Professional Services

"Land, truth & reconciliation commission bills ready for parliament: president",8-Jul-24,Politics,"""Other powers can be discussed later,"" he said.","Land, truth & reconciliation commission bills ready for parliament: president ""Other powers can be discussed later,"" he said.",NEGATIVE,Commercial & Professional Services

Sri Lanka Pediatricians urge caution on reporting traumatic incidents related to children,8-Jul-24,Human Rights,"""In addition, does the media have a right to disrespect the next of kin who are trying to grapple with a huge problem?""","Sri Lanka Pediatricians urge caution on reporting traumatic incidents related to children ""In addition, does the media have a right to disrespect the next of kin who are trying to grapple with a huge problem?""",NEGATIVE,Health Care Equipment & Services

Sri Lanka presidential election will be held in 2024 despite legal challenges: president,8-Jul-24,Politics,"Parliamentary elections and provincial councils will follow the presidential poll, he said.","Sri Lanka presidential election will be held in 2024 despite legal challenges: president Parliamentary elections and provincial councils will follow the presidential poll, he said.",POSITIVE,Commercial & Professional Services

Sri Lanka central bank extends deadline for updating depositor unique identification number,8-Jul-24,Banking,Unique identification numbers for depositors of licensed banks and licensed finance companies,Sri Lanka central bank extends deadline for updating depositor unique identification number Unique identification numbers for depositors of licensed banks and licensed finance companies,POSITIVE,Banks

Sri Lanka leader hands over India-funded smart classrooms ahead of election,8-Jul-24,Education,The project aims at equipping 200 schools in the Province with necessary digital tools.,Sri Lanka leader hands over India-funded smart classrooms ahead of election The project aims at equipping 200 schools in the Province with necessary digital tools.,POSITIVE,Commercial & Professional Services

Surprise defeat for far-right in France in Macron's snap election gambit,8-Jul-24,Politics,A left-wing alliance led by Jean-Luc Melenchon is projected to have secured 171-187 seats.,Surprise defeat for far-right in France in Macron's snap election gambit A left-wing alliance led by Jean-Luc Melenchon is projected to have secured 171-187 seats.,NEGATIVE,Commercial & Professional Services

South Asian collective urges action on high levels of sexual violence in the region,8-Jul-24,Gender Issues,Collective action is needed to tackle sexual violence in South Asia,South Asian collective urges action on high levels of sexual violence in the region Collective action is needed to tackle sexual violence in South Asia,NEGATIVE,Commercial & Professional Services

Sri Lanka’s Commercial Bank raises Rs35.9bn through debenture issue,8-Jul-24,Stocks & Companies,The goal was to raise 20 billion rupees,Sri Lanka’s Commercial Bank raises Rs35.9bn through debenture issue The goal was to raise 20 billion rupees,NEGATIVE,Banks

Sri Lanka rupee opens flat at 304.50/65 to US dollar,8-Jul-24,Markets,"Bond yields steady, stocks up","Sri Lanka rupee opens flat at 304.50/65 to US dollar Bond yields steady, stocks up",NEGATIVE,Banks

"Sri Lanka passport issues fall, labour migration still strong",8-Jul-24,Economy,"Departures for foreign work in the first quater was 85,175 persons, up from 76,024","Sri Lanka passport issues fall, labour migration still strong Departures for foreign work in the first quater was 85,175 persons, up from 76,024",NEGATIVE,Commercial & Professional Services

Sri Lanka people cannot bear another VAT hike to increase state salaries twice: President,7-Jul-24,Economy,I raised VAT to 18 percent and faced the criticism of the public to pay the salaries,Sri Lanka people cannot bear another VAT hike to increase state salaries twice: President I raised VAT to 18 percent and faced the criticism of the public to pay the salaries,NEGATIVE,Banks

Sri Lanka engaging with local banks on sovereign bonds restructure,7-Jul-24,Banking,About 15 percent of the sovereign bonds outstanding are held with private local banks,Sri Lanka engaging with local banks on sovereign bonds restructure About 15 percent of the sovereign bonds outstanding are held with private local banks,NEGATIVE,Banks

Foreign investment needed for Sri Lanka banks to thrive: President,6-Jul-24,Economy,Wickremesinghe said efforts have been made to reduce the loan repayment by 8 billion dollars over a period of four years,Foreign investment needed for Sri Lanka banks to thrive: President Wickremesinghe said efforts have been made to reduce the loan repayment by 8 billion dollars over a period of four years,NEGATIVE,Banks

Sri Lanka’s 2024 first half tourism revenue surpasses $1.5 bn with 78-pct rise,6-Jul-24,Tourism,"Tourism revenue, arrival numbers have been on the rise amid recovery in crisis-hit economy","Sri Lanka’s 2024 first half tourism revenue surpasses $1.5 bn with 78-pct rise Tourism revenue, arrival numbers have been on the rise amid recovery in crisis-hit economy",POSITIVE,Consumer Services

"Sri Lanka 2024 first half remittances rise 11.4-pct, surpass $3.1 bn",6-Jul-24,Economy,Sri Lanka has been sending more workers abroad to earn higher foreign exchange after bankruptcy,"Sri Lanka 2024 first half remittances rise 11.4-pct, surpass $3.1 bn Sri Lanka has been sending more workers abroad to earn higher foreign exchange after bankruptcy",POSITIVE,Banks

"Sri Lanka says 1.3mn register for tax number in June, targets 7.4mn",6-Jul-24,Economic Crisis,2.3 million people have got Taxpayer Identification Number (TIN),"Sri Lanka says 1.3mn register for tax number in June, targets 7.4mn 2.3 million people have got Taxpayer Identification Number (TIN)",NEGATIVE,Banks

Sri Lanka in talks for US$25 mn German technical university: State Minister,6-Jul-24,Education,Sri Lanka has been eyeing for more foreign investment into tertiary education sector,Sri Lanka in talks for US$25 mn German technical university: State Minister Sri Lanka has been eyeing for more foreign investment into tertiary education sector,NEGATIVE,Commercial & Professional Services

Sri Lanka SIS warned not to grant wage hike for protesting University staff: State Minister,5-Jul-24,Economic Crisis,Non-academic staff at state universities have been protesting for 65 days demanding wage hike,Sri Lanka SIS warned not to grant wage hike for protesting University staff: State Minister Non-academic staff at state universities have been protesting for 65 days demanding wage hike,NEGATIVE,Commercial & Professional Services

EXPLAINER: Impact of Labour-led UK government on Sri Lanka,5-Jul-24,International Relations,Sri Lanka was under the British colonial rule for 150 years through 1948 independence ,EXPLAINER: Impact of Labour-led UK government on Sri Lanka Sri Lanka was under the British colonial rule for 150 years through 1948 independence ,POSITIVE,Commercial & Professional Services

Sri Lanka foreign reserves rise to $5642mn June after IMF loan,5-Jul-24,Economy,The IMF approved US$336 mn equivalent tranche for Sri Lanka in June,Sri Lanka foreign reserves rise to $5642mn June after IMF loan The IMF approved US$336 mn equivalent tranche for Sri Lanka in June,NEGATIVE,Banks

Global Environment Facility funds chemical disposal project in Sri Lanka,5-Jul-24,General Industry,GEF grants USD5mn to Ministry of Environment and UNDP to implement project on chemical disposal ,Global Environment Facility funds chemical disposal project in Sri Lanka GEF grants USD5mn to Ministry of Environment and UNDP to implement project on chemical disposal ,NEGATIVE,Materials

"Sri Lanka stocks close up, turnover remains low",5-Jul-24,Stocks & Companies,Turnover was low at 472 million. ,"Sri Lanka stocks close up, turnover remains low Turnover was low at 472 million. ",NEGATIVE,Banks

Sri Lanka rupee closes stronger at 304.45/75 to US dollar,5-Jul-24,Bonds & Forex,Bond yields stable,Sri Lanka rupee closes stronger at 304.45/75 to US dollar Bond yields stable,POSITIVE,Banks

Sri Lanka invites Israel farmers to visit island and recruit workers,5-Jul-24,Employment,"Israel unhappy with unskilled workers sent to agriculture sector, Sri Lanka to monitor social media of future hires","Sri Lanka invites Israel farmers to visit island and recruit workers Israel unhappy with unskilled workers sent to agriculture sector, Sri Lanka to monitor social media of future hires",NEGATIVE,"Food, Beverage & Tobacco"

Sri Lanka's Dhammika Perera ready to enter presidential race but says SLPP must decide,5-Jul-24,Politics,Perera said 44 percent of the country have yet to decide whom to vote for.,Sri Lanka's Dhammika Perera ready to enter presidential race but says SLPP must decide Perera said 44 percent of the country have yet to decide whom to vote for.,NEGATIVE,Commercial & Professional Services

Sri Lanka coconut prices down 4.6-pct at auction,5-Jul-24,Agriculture,Prices fall after seven weeks of gains,Sri Lanka coconut prices down 4.6-pct at auction Prices fall after seven weeks of gains,NEGATIVE,"Food, Beverage & Tobacco"

Sri Lanka rupee opens weaker at 304.90/305.20 to US dollar,5-Jul-24,Bonds & Forex,"Bonds steady, stocks up","Sri Lanka rupee opens weaker at 304.90/305.20 to US dollar Bonds steady, stocks up",NEGATIVE,Banks

"Sri Lanka bondholder deal gives NPV benefit of 40-pct, 27-pct in upside: FinMin",5-Jul-24,Economy,Discount rate 11-pct,"Sri Lanka bondholder deal gives NPV benefit of 40-pct, 27-pct in upside: FinMin Discount rate 11-pct",POSITIVE,Banks

IMF awaiting more information for final sign-off on Sri Lanka bondholder deal,5-Jul-24,Economy,.,IMF awaiting more information for final sign-off on Sri Lanka bondholder deal .,NEGATIVE,Banks

Majority of Sri Lanka’s ruling coalition backs Wickremesinghe for presidency: legislator,4-Jul-24,Politics,SLPP is facing an imminent split in backing President Wickremesinghe for next presidency: analysts ,Majority of Sri Lanka’s ruling coalition backs Wickremesinghe for presidency: legislator SLPP is facing an imminent split in backing President Wickremesinghe for next presidency: analysts ,NEGATIVE,Commercial & Professional Services

"Sri Lanka's Colombo Port, US Virginia Port to collaborate",4-Jul-24,Trade,"Agreement covers information sharing, cooperation on general logistics, exchange of technical expertise, dispute settlem","Sri Lanka's Colombo Port, US Virginia Port to collaborate Agreement covers information sharing, cooperation on general logistics, exchange of technical expertise, dispute settlem",POSITIVE,Transportation

"Sri Lanka Customs strike will affect SMEs mostly: JAAFSL, SLSC",4-Jul-24,Apparel,Sri Lanka Shippers’ Council and Joint Apparel Association Forum say small players affected,"Sri Lanka Customs strike will affect SMEs mostly: JAAFSL, SLSC Sri Lanka Shippers’ Council and Joint Apparel Association Forum say small players affected",NEGATIVE,Commercial & Professional Services

Sri Lanka rupee closes weaker at 304.60/80 to US dollar,4-Jul-24,Bonds & Forex,Bond yields broadly steady,Sri Lanka rupee closes weaker at 304.60/80 to US dollar Bond yields broadly steady,POSITIVE,Banks

"Sri Lanka stocks close down, foreign inflows account for 50-pct of turnover",4-Jul-24,Stocks & Companies,Turnover was 1.9 million. A large part of this was from foreign buying. There was a net foreign inflow of 972 million.,"Sri Lanka stocks close down, foreign inflows account for 50-pct of turnover Turnover was 1.9 million. A large part of this was from foreign buying. There was a net foreign inflow of 972 million.",NEGATIVE,Banks

Sri Lanka’s Cable Solutions IPO offers 80mn voting shares,4-Jul-24,Business,"The company will host a virtual investor forum on July 9, ahead of the IPO. ","Sri Lanka’s Cable Solutions IPO offers 80mn voting shares The company will host a virtual investor forum on July 9, ahead of the IPO. ",POSITIVE,Capital Goods

Sri Lanka opposition parties maintained notable lead in opinion survey for May,4-Jul-24,Politics,Support for the SJB remained unchanged at 34 percent.,Sri Lanka opposition parties maintained notable lead in opinion survey for May Support for the SJB remained unchanged at 34 percent.,NEGATIVE,Commercial & Professional Services

EXPLAINER: FR petition to prevent calling presidential poll in Sri Lanka,4-Jul-24,Politics,Presidential elections are expected to be held between September 17 and October 16,EXPLAINER: FR petition to prevent calling presidential poll in Sri Lanka Presidential elections are expected to be held between September 17 and October 16,NEGATIVE,Commercial & Professional Services

Wickremesinghe disavows Supreme Court case seeking verdict on Sri Lanka president's term,4-Jul-24,Politics,"""I firmly believe that the President’s term is five years,"" he said.","Wickremesinghe disavows Supreme Court case seeking verdict on Sri Lanka president's term ""I firmly believe that the President’s term is five years,"" he said.",NEGATIVE,Commercial & Professional Services
"China minister discusses cooperation with Customs, increasing exports",4-Jul-24,Agriculture,"""China's readiness to cooperate with the Sri Lanka Customs Department in developing enhanced security and cooperation","China minister discusses cooperation with Customs, increasing exports ""China's readiness to cooperate with the Sri Lanka Customs Department in developing enhanced security and cooperation",POSITIVE,Commercial & Professional Services
Support for Sri Lanka president grew in May but remained far behind rivals: poll,4-Jul-24,Politics,Support for his rivals remained significantly higher at just under 40 percent for each.,Support for Sri Lanka president grew in May but remained far behind rivals: poll Support for his rivals remained significantly higher at just under 40 percent for each.,NEGATIVE,Commercial & Professional Services
"Sri Lanka bondholder deal: hair cuts, coupons, GDP-link, too much or too little?",4-Jul-24,Bellwether,Deeper haircuts are not a guarantee against future defaults,"Sri Lanka bondholder deal: hair cuts, coupons, GDP-link, too much or too little? Deeper haircuts are not a guarantee against future defaults",NEGATIVE,Banks
Switzerland’s GTEX2 phase II to boost Sri Lanka apparel SMEs,4-Jul-24,Apparel,Increase export competitiveness of SMEs in the textile and clothing value chain through technical assistance project ,Switzerland’s GTEX2 phase II to boost Sri Lanka apparel SMEs Increase export competitiveness of SMEs in the textile and clothing value chain through technical assistance project ,POSITIVE,Consumer Durables & Apparel
Sri Lanka rupee opens weaker at 304.50/70 to US dollar,4-Jul-24,Bonds & Forex,"Bonds steady, stocks up","Sri Lanka rupee opens weaker at 304.50/70 to US dollar Bonds steady, stocks up",NEGATIVE,Banks
Talks on resuming Japan funded Sri Lanka airport terminal next week: Minister,4-Jul-24,Aviation,Key benefit of finishing OCC restructuring is re-starting stalled projects,Talks on resuming Japan funded Sri Lanka airport terminal next week: Minister Key benefit of finishing OCC restructuring is re-starting stalled projects,NEGATIVE,Transportation
Sri Lanka bondholders agree on 28-pct hair cut; GDP-gains capped at 15-pct,4-Jul-24,Economy,Also leaves room for ESG bond,Sri Lanka bondholders agree on 28-pct hair cut; GDP-gains capped at 15-pct Also leaves room for ESG bond,NEGATIVE,Banks
Sri Lanka port trade unions oppose increase in female gantry operators: Minister,3-Jul-24,Employment,Unions have protested the increase of female gantry crane operators,Sri Lanka port trade unions oppose increase in female gantry operators: Minister Unions have protested the increase of female gantry crane operators,NEGATIVE,Transportation
Sri Lanka's teachers must be disciplined: President,3-Jul-24,Education,"""Education in a country cannot be maintained without discipline""","Sri Lanka's teachers must be disciplined: President ""Education in a country cannot be maintained without discipline""",NEGATIVE,Commercial & Professional Services

Sri Lanka to go ahead with Russian firm to operate Mattala airport despite US advice,3-Jul-24,Aviation,Mattala airport was built by China and was earlier offered to India ,Sri Lanka to go ahead with Russian firm to operate Mattala airport despite US advice Mattala airport was built by China and was earlier offered to India ,NEGATIVE,Transportation

Sri Lanka rupee closes weaker at 304.20/50 to US dollar,3-Jul-24,Bonds & Forex,Bond yields were down,Sri Lanka rupee closes weaker at 304.20/50 to US dollar Bond yields were down,NEGATIVE,Banks

"Sri Lanka stocks close down, Windforce sees foreign buying",3-Jul-24,Bonds & Forex,Turnover was 1.5 billion. ,"Sri Lanka stocks close down, Windforce sees foreign buying Turnover was 1.5 billion. ",NEGATIVE,Banks

SriLankan Airlines bidders being further evaluated: Minister,3-Jul-24,Aviation,"Sri Lanka ""would like to see a Sri Lankan entrepreneur or consortium"" buying into the airline ","SriLankan Airlines bidders being further evaluated: Minister Sri Lanka ""would like to see a Sri Lankan entrepreneur or consortium"" buying into the airline ",NEGATIVE,Transportation

Sri Lanka Treasuries yields steady across maturities,3-Jul-24,Bonds & Forex,175 billion rupees sold of the offered 190.,Sri Lanka Treasuries yields steady across maturities 175 billion rupees sold of the offered 190.,POSITIVE,Banks

LIOC begins retailing 100 octane petrol in Sri Lanka,3-Jul-24,Petroleum,The price per liter is 793 rupees.,LIOC begins retailing 100 octane petrol in Sri Lanka The price per liter is 793 rupees.,NEGATIVE,Energy

Sri Lanka’s election laws still in force as LG polls not finished: EC,3-Jul-24,Legal,Sri Lanka is yet to hold LG polls declared in January last year,Sri Lanka’s election laws still in force as LG polls not finished: EC Sri Lanka is yet to hold LG polls declared in January last year,NEGATIVE,Commercial & Professional Services

"Sri Lanka to enlist help of army, navy for deep-sea diving tourists",3-Jul-24,Defence,National Shipwreck Database lists 114 shipwrecks,"Sri Lanka to enlist help of army, navy for deep-sea diving tourists National Shipwreck Database lists 114 shipwrecks",NEGATIVE,Consumer Services

Sri Lanka rupee opens stronger at 303.00/50 to US dollar,3-Jul-24,Markets,"Bond yields steady, stocks up","Sri Lanka rupee opens stronger at 303.00/50 to US dollar Bond yields steady, stocks up",POSITIVE,Banks

"Sri Lanka, Japan discuss resuming stalled projects under yen loans",3-Jul-24,Economy,Opportunities for increasing Japanese investment and expanding employment prospects for Sri Lankans,"Sri Lanka, Japan discuss resuming stalled projects under yen loans Opportunities for increasing Japanese investment and expanding employment prospects for Sri Lankans",POSITIVE,Banks

"Sri Lanka CPC oil imports, sales, fall with entry of new players",3-Jul-24,Energy,CPC oil imports fell to US$647mn to April 2024 from US$828.4mn last year  ,"Sri Lanka CPC oil imports, sales, fall with entry of new players CPC oil imports fell to US$647mn to April 2024 from US$828.4mn last year  ",NEGATIVE,Energy

EXPLAINER: Sri Lanka’s deal on debt restructuring with bilateral creditors,2-Jul-24,Debt Restructuring,"Sri Lanka's bilateral debt restructuring deal will gradually help people, not immediately ","EXPLAINER: Sri Lanka’s deal on debt restructuring with bilateral creditors Sri Lanka's bilateral debt restructuring deal will gradually help people, not immediately ",POSITIVE,Banks

Sri Lanka’s bilateral debt restructuring deal concluded; admin issues remain: State FinMin,2-Jul-24,Debt Restructuring,Sri Lanka reached US$10 bn bilateral debt restructuring deal last week,Sri Lanka’s bilateral debt restructuring deal concluded; admin issues remain: State FinMin Sri Lanka reached US$10 bn bilateral debt restructuring deal last week,NEGATIVE,Banks

Sri Lanka stocks close up due to foreign buying interest,2-Jul-24,Stocks & Companies,Local retail segment remains cautious ,Sri Lanka stocks close up due to foreign buying interest Local retail segment remains cautious ,NEGATIVE,Banks

"Bilateral creditors never reduce principal, only offer deferments: Sri Lanka president",2-Jul-24,Economy,"Official bilateral creditors never reduce the principal on a loan, he said.","Bilateral creditors never reduce principal, only offer deferments: Sri Lanka president Official bilateral creditors never reduce the principal on a loan, he said.",NEGATIVE,Banks

Sri Lanka rupee closes stronger at 303.10/30 to US dollar,2-Jul-24,Bonds & Forex,Bond yields were broadly steady,Sri Lanka rupee closes stronger at 303.10/30 to US dollar Bond yields were broadly steady,POSITIVE,Banks

"No ill-will between Sri Lanka president and ruling party, but views differ: Rajapaksa",2-Jul-24,Politics,"""We're democratic. We do something after discussing it with everyone,"" he said.","No ill-will between Sri Lanka president and ruling party, but views differ: Rajapaksa ""We're democratic. We do something after discussing it with everyone,"" he said.",POSITIVE,Commercial & Professional Services

Sri Lanka to get US$100mn from ADB on power reforms,2-Jul-24,Economy,The loan is the first part of a 300 million dollar program,Sri Lanka to get US$100mn from ADB on power reforms The loan is the first part of a 300 million dollar program,NEGATIVE,Utilities

President fact-checks viral social media post on Sri Lanka's external debt,2-Jul-24,Economy,"""Some political groups are spreading false information about our foreign debt on social media.""","President fact-checks viral social media post on Sri Lanka's external debt ""Some political groups are spreading false information about our foreign debt on social media.""",NEGATIVE,Banks

Sri Lanka cabinet approves new feed-in tariffs for renewables,2-Jul-24,Energy,.,Sri Lanka cabinet approves new feed-in tariffs for renewables .,POSITIVE,Utilities

Sri Lanka to make US$5bn interest savings in bilateral debt deal: President,2-Jul-24,Economy,Interest rates on loans will be 2.1-pct or less,Sri Lanka to make US$5bn interest savings in bilateral debt deal: President Interest rates on loans will be 2.1-pct or less,NEGATIVE,Banks

Sri Lanka rupee opens stronger at 304.80/305.20 to US dollar,2-Jul-24,Markets,Bond yields broadly steady,Sri Lanka rupee opens stronger at 304.80/305.20 to US dollar Bond yields broadly steady,POSITIVE,Banks

Sri Lanka reports US$706mn current account surplus amid financial outflows,2-Jul-24,Economy,When capital repayments are made - in the absence of money printing - the current account shrinks,Sri Lanka reports US$706mn current account surplus amid financial outflows When capital repayments are made - in the absence of money printing - the current account shrinks,NEGATIVE,Banks

Opposition claims Sri Lanka has signed only two out of three debt agreements,1-Jul-24,Politics,"""There is no point having a debate without the third agreement.""","Opposition claims Sri Lanka has signed only two out of three debt agreements ""There is no point having a debate without the third agreement.""",NEGATIVE,Commercial & Professional Services

"Sri Lanka cancels parliament debt debate amid criticism, leader’s death",1-Jul-24,Debt Restructuring,Debt restructuring debate likely after July 9,"Sri Lanka cancels parliament debt debate amid criticism, leader’s death Debt restructuring debate likely after July 9",NEGATIVE,Commercial & Professional Services

Sri Lanka to digitize motor traffic department operations despite complaints: Minister,1-Jul-24,Economy,E-ticketing system to combat theft by bus conductors opposed by workers who have taken matter to court.,Sri Lanka to digitize motor traffic department operations despite complaints: Minister E-ticketing system to combat theft by bus conductors opposed by workers who have taken matter to court.,NEGATIVE,Transportation

Sri Lanka to renegotiate cancelled bilateral loan projects after debt restructuring deal,1-Jul-24,Debt Restructuring,Sri Lanka reached debt restructuring deal with bilateral creditors last week,Sri Lanka to renegotiate cancelled bilateral loan projects after debt restructuring deal Sri Lanka reached debt restructuring deal with bilateral creditors last week,NEGATIVE,Banks

Sri Lanka rupee closes stronger at 304.80/305.00 to US dollar,1-Jul-24,Bonds & Forex,Bond yields were down.,Sri Lanka rupee closes stronger at 304.80/305.00 to US dollar Bond yields were down.,NEGATIVE,Banks

"Sri Lanka stocks close down, turnover lowest in a month",1-Jul-24,Stocks & Companies,"Turnover was 686 million. Mostly from crossings on JKH, Hayleys","Sri Lanka stocks close down, turnover lowest in a month Turnover was 686 million. Mostly from crossings on JKH, Hayleys",NEGATIVE,Banks

Sri Lanka reduces bus fares by 5.07-pct; public transport declared essential service,1-Jul-24,General Economy,A special gazette notification was also issued making public transport services an essential service.,Sri Lanka reduces bus fares by 5.07-pct; public transport declared essential service A special gazette notification was also issued making public transport services an essential service.,POSITIVE,"Here's the list of industries for the news items you've provided, using the expanded list of categories:"

Gevorg Sargsyan new World Bank Group Country Manager for Sri Lanka,1-Jul-24,Economy,"“Priority is to strengthen the dynamic collaboration among the Bank Group institutions in Sri Lanka, ","Gevorg Sargsyan new World Bank Group Country Manager for Sri Lanka “Priority is to strengthen the dynamic collaboration among the Bank Group institutions in Sri Lanka, ",POSITIVE,Transportation

Sri Lanka Treasury cash balance of Rs542.3bn by end April,1-Jul-24,Economy,The government ended up with 542.3 billion rupees cash surplus by April.,Sri Lanka Treasury cash balance of Rs542.3bn by end April The government ended up with 542.3 billion rupees cash surplus by April.,NEGATIVE,Banks

Sri Lanka President hopes for quick finish to ISB holder talks,1-Jul-24,Economy,Then will have that agreement as well,Sri Lanka President hopes for quick finish to ISB holder talks Then will have that agreement as well,POSITIVE,Banks

Sri Lanka rupee opens stronger at 305.95/306.25 to US dollar,1-Jul-24,Markets,"Bond yields down, stocks up","Sri Lanka rupee opens stronger at 305.95/306.25 to US dollar Bond yields down, stocks up",NEGATIVE,Banks

"Sri Lanka cuts petrol price by Rs11, premiums fuels more",30-Jun-24,Energy,"Octane 95 petrol cuts by Rs41 to Rs355, standard diesel, kerosene, unchanged","Sri Lanka cuts petrol price by Rs11, premiums fuels more Octane 95 petrol cuts by Rs41 to Rs355, standard diesel, kerosene, unchanged",NEGATIVE,Banks

"Sri Lanka budget deficit implodes 56-pct to April 2024, interest bill eases",30-Jun-24,Economy,Current account deficit still wide. Primary balance is surplus due to interest bill exceeding overall deficit,"Sri Lanka budget deficit implodes 56-pct to April 2024, interest bill eases Current account deficit still wide. Primary balance is surplus due to interest bill exceeding overall deficit",NEGATIVE,Energy

Sri Lanka Presidential election date can be told after July 17: Commissioner Gen,30-Jun-24,Political News,Elections can be held from October onwards,Sri Lanka Presidential election date can be told after July 17: Commissioner Gen Elections can be held from October onwards,NEGATIVE,Banks

Sri Lanka coconut auction prices rise 10-pct over June,30-Jun-24,Commodities,Coconut auction are near the historic highs seen in the first quarter of 2023,Sri Lanka coconut auction prices rise 10-pct over June Coconut auction are near the historic highs seen in the first quarter of 2023,POSITIVE,Commercial & Professional Services

Sri Lanka government repays foreign debt on a net basis in 1Q 2024,29-Jun-24,Economy,Foreign financing was a net repayment of equivalent to Rs14.9bn in the first three months,Sri Lanka government repays foreign debt on a net basis in 1Q 2024 Foreign financing was a net repayment of equivalent to Rs14.9bn in the first three months,NEGATIVE,"Food, Beverage & Tobacco"

Sri Lanka foreign exchange earnings exceed imports by US$611mn in May,29-Jun-24,Economy,"Total inflows from exports, remittances and net services were US$1,786mn, which was US$318m","Sri Lanka foreign exchange earnings exceed imports by US$611mn in May Total inflows from exports, remittances and net services were US$1,786mn, which was US$318m",NEGATIVE,Banks

Sri Lanka inflation rise only 3.3-pct over 21-months to June 2024,29-Jun-24,Economy,Sri Lanka has operated largely deflationary policy though excess liquidity was allowed to build up in recent month,Sri Lanka inflation rise only 3.3-pct over 21-months to June 2024 Sri Lanka has operated largely deflationary policy though excess liquidity was allowed to build up in recent month,NEGATIVE,Banks

Sri Lankan mercenaries receive 3mn rubles for injuries on Russian front: Minister,29-Jun-24,Defence,"“It’s about up to 3 million for injuries in rubles and up to 12 million for death,”","Sri Lankan mercenaries receive 3mn rubles for injuries on Russian front: Minister “It’s about up to 3 million for injuries in rubles and up to 12 million for death,”",NEGATIVE,Banks

Sri Lanka could face unrest as in Kenya if economic stability not established: President,28-Jun-24,Economic Crisis,"""If we do not establish economic stability in Sri Lanka, we could face similar unrest,""","Sri Lanka could face unrest as in Kenya if economic stability not established: President ""If we do not establish economic stability in Sri Lanka, we could face similar unrest,""",NEGATIVE,Commercial & Professional Services

Sri Lanka implements Banking (Amendment) Act No. 24 of 2024,28-Jun-24,Banking,"Amendments formulated considering developments incur rent regulatory framework, economic and market developments","Sri Lanka implements Banking (Amendment) Act No. 24 of 2024 Amendments formulated considering developments incur rent regulatory framework, economic and market developments",POSITIVE,Commercial & Professional Services

Many Sri Lanka mercenaries have become Russian citizens: Foreign Minister,28-Jun-24,Defence,"""If you are no longer a citizen of Sri Lanka we lose the right to represent you""","Many Sri Lanka mercenaries have become Russian citizens: Foreign Minister ""If you are no longer a citizen of Sri Lanka we lose the right to represent you""",NEGATIVE,Banks

Sri Lanka rupee closes weaker at 306.00/20 to US dollar,28-Jun-24,Bonds & Forex,Bond yields were down,Sri Lanka rupee closes weaker at 306.00/20 to US dollar Bond yields were down,NEGATIVE,Commercial & Professional Services

"Sri Lanka stocks close down, Sampath Bank pushes turnover",28-Jun-24,Stocks & Companies,A large part of Rs2.2bn turnover came from a crossing on Sampath Bank Plc ,"Sri Lanka stocks close down, Sampath Bank pushes turnover A large part of Rs2.2bn turnover came from a crossing on Sampath Bank Plc ",NEGATIVE,Banks

Sri Lanka CEB workforce to be revised: Minister,28-Jun-24,Power,"""A new salary structure, a performance based incentive system & a promotion system will be introduced to CEB employees","Sri Lanka CEB workforce to be revised: Minister ""A new salary structure, a performance based incentive system & a promotion system will be introduced to CEB employees",POSITIVE,Banks

Sri Lanka pays Aswesuma beneficiaries Rs11.6bn for June,28-Jun-24,Economic Crisis,"Welfare Benefits Board has disbursed 11.6 billion rupees to  bank accounts of 622,495 beneficiaries under the Aswesuma","Sri Lanka pays Aswesuma beneficiaries Rs11.6bn for June Welfare Benefits Board has disbursed 11.6 billion rupees to  bank accounts of 622,495 beneficiaries under the Aswesuma",NEGATIVE,Utilities

Sri Lanka former legislator sentenced to rigorous imprisonment,28-Jun-24,Courts,Hirunika Premachandra given three years rigorous imprisonment for the abduction of a man in 2015.,Sri Lanka former legislator sentenced to rigorous imprisonment Hirunika Premachandra given three years rigorous imprisonment for the abduction of a man in 2015.,NEGATIVE,Banks

Sri Lanka economic stability under President reduced renewable power prices: Minister,28-Jun-24,Energy,.,Sri Lanka economic stability under President reduced renewable power prices: Minister .,NEGATIVE,Commercial & Professional Services

Joint working committee with Russia proposed to deal with Sri Lanka mercenaries,28-Jun-24,Defence,"To discuss compensation for deceased and wounded, plight of uncontactable personnel, early termination of contracts","Joint working committee with Russia proposed to deal with Sri Lanka mercenaries To discuss compensation for deceased and wounded, plight of uncontactable personnel, early termination of contracts",NEGATIVE,Utilities

99x considers collaborations to invest in and scale operations in Sri Lanka,28-Jun-24,Technology,"99x Technology, a global product engineering company, operates in Norway, Malaysia, Brazil, and Sri Lanka","99x considers collaborations to invest in and scale operations in Sri Lanka 99x Technology, a global product engineering company, operates in Norway, Malaysia, Brazil, and Sri Lanka",POSITIVE,Commercial & Professional Services

Sri Lanka looks at balancing trade security and logistic hub needs with East Asia experts,28-Jun-24,Trade,"Trade regulators from Malaysia, the Philippines and Singapore showcased their national strategies for overseeing trade","Sri Lanka looks at balancing trade security and logistic hub needs with East Asia experts Trade regulators from Malaysia, the Philippines and Singapore showcased their national strategies for overseeing trade",POSITIVE,Software & Services

Sri Lanka rupee opens weaker at 305.90/306.00 to US dollar,28-Jun-24,Bonds & Forex,"Bond yields steady, stocks down","Sri Lanka rupee opens weaker at 305.90/306.00 to US dollar Bond yields steady, stocks down",NEGATIVE,Commercial & Professional Services

Sri Lanka to revise high feed-in renewable tariffs after Mannar tender at 4.88 US cents,28-Jun-24,Energy,Wind and Rs30 a unit and ground mounted solar at Rs33 compared to Rs14.80 and Rs15.0 under competition,Sri Lanka to revise high feed-in renewable tariffs after Mannar tender at 4.88 US cents Wind and Rs30 a unit and ground mounted solar at Rs33 compared to Rs14.80 and Rs15.0 under competition,NEGATIVE,Banks

Ceylon Chamber congratulates gov for bilateral creditor agreement,28-Jun-24,Business,"""The completion of the negotiations will help Sri Lanka improve its credit ratings and ease the access to finance""","Ceylon Chamber congratulates gov for bilateral creditor agreement ""The completion of the negotiations will help Sri Lanka improve its credit ratings and ease the access to finance""",POSITIVE,Utilities

"Sri Lanka 165MW renewable tenders Rs15+, Mannar wind award in two weeks: Minister",28-Jun-24,Energy,The 165MW small renewable tender has bids between Rs15 a unit  Rs29 a unit,"Sri Lanka 165MW renewable tenders Rs15+, Mannar wind award in two weeks: Minister The 165MW small renewable tender has bids between Rs15 a unit  Rs29 a unit",NEGATIVE,Commercial & Professional Services

Sri Lanka Chamber re-elects board for 2024/25,28-Jun-24,Business,"Duminda Hulangamuwa, Krishan Balendra, and Bingumal Thewarathanthri retained","Sri Lanka Chamber re-elects board for 2024/25 Duminda Hulangamuwa, Krishan Balendra, and Bingumal Thewarathanthri retained",POSITIVE,Utilities

Sri Lanka banking system repays debt or builds fx reserves of US$6.2bn since default,28-Jun-24,Economy,Principle defaulted from April to March 2024 is also $5.8bn,Sri Lanka banking system repays debt or builds fx reserves of US$6.2bn since default Principle defaulted from April to March 2024 is also $5.8bn,NEGATIVE,Commercial & Professional Services

Sri Lanka Chamber re-elects board for 2024/25,28-Jun-24,Business,"Duminda Hulangamuwa, Krishan Balendra, and Bingumal Thewarathanthri retained","Sri Lanka Chamber re-elects board for 2024/25 Duminda Hulangamuwa, Krishan Balendra, and Bingumal Thewarathanthri retained",POSITIVE,Banks

Sri Lanka banking system repays debt or builds fx reserves of US$6.2bn since default,28-Jun-24,Economy,Principle defaulted from April to March 2024 is also $5.8bn,Sri Lanka banking system repays debt or builds fx reserves of US$6.2bn since default Principle defaulted from April to March 2024 is also $5.8bn,NEGATIVE,Commercial & Professional Services

India pledges continuous backing for Sri Lanka’s economic recovery,27-Jun-24,Debt Restructuring,"India is in discussion for renewable energy, connectivity projects with Sri Lanka","India pledges continuous backing for Sri Lanka’s economic recovery India is in discussion for renewable energy, connectivity projects with Sri Lanka",POSITIVE,Banks

Sri Lanka sells Rs75bn in 2028 to 2033 bonds,27-Jun-24,Bonds & Forex,All offered 75 billion rupees of bonds were sold ,Sri Lanka sells Rs75bn in 2028 to 2033 bonds All offered 75 billion rupees of bonds were sold ,NEGATIVE,Energy

"Sri Lanka to impose new trade controls, make free metal scrap exports illegal",27-Jun-24,Economy,.,"Sri Lanka to impose new trade controls, make free metal scrap exports illegal .",NEGATIVE,Banks

Sri Lanka rupee closes weaker at 305.70/90 to US dollar,27-Jun-24,Bonds & Forex,Bond yields up,Sri Lanka rupee closes weaker at 305.70/90 to US dollar Bond yields up,NEGATIVE,Commercial & Professional Services

"Sri Lanka stocks close down, profit taking seen",27-Jun-24,Markets," ""Market sentiment was subdued despite the positive news on the economic front yesterday.""","Sri Lanka stocks close down, profit taking seen  ""Market sentiment was subdued despite the positive news on the economic front yesterday.""",NEGATIVE,Banks

Sri Lanka mulls designating teaching an essential service,27-Jun-24,Education,Teachers should be present in schools during morning hours to ensure the education of children,Sri Lanka mulls designating teaching an essential service Teachers should be present in schools during morning hours to ensure the education of children,POSITIVE,Banks

Sri Lanka opposition leaders downplay bilateral debt deal announcement,27-Jun-24,Economy,"Premadasa speaking at an event accused the government of telling ""earth-shattering lies"".","Sri Lanka opposition leaders downplay bilateral debt deal announcement Premadasa speaking at an event accused the government of telling ""earth-shattering lies"".",NEGATIVE,Commercial & Professional Services

FAO distributes tool kits to Sri Lanka farmers to encourage GAP adoption,27-Jun-24,Agriculture,"FAO said the programme encourages farmers to ""effectively adopt modern, climate-resilient approaches to agriculture"".","FAO distributes tool kits to Sri Lanka farmers to encourage GAP adoption FAO said the programme encourages farmers to ""effectively adopt modern, climate-resilient approaches to agriculture"".",POSITIVE,Commercial & Professional Services

Sri Lanka's Dialog Axiata completes acquisition of Bharti Airtel Lanka,27-Jun-24,ICT,"Dialog issued 952,694,689 ordinary voting shares by way of a share swap to Bharti on Wednesday","Sri Lanka's Dialog Axiata completes acquisition of Bharti Airtel Lanka Dialog issued 952,694,689 ordinary voting shares by way of a share swap to Bharti on Wednesday",NEGATIVE,"Food, Beverage & Tobacco"
Sri Lanka Navy recruiting cadre to safeguard country’s Exclusive Economic Zone,27-Jun-24,Defence,"""We need to strengthen both navy and the air force. We are in a strategic position globally.""","Sri Lanka Navy recruiting cadre to safeguard country’s Exclusive Economic Zone ""We need to strengthen both navy and the air force. We are in a strategic position globally.""",POSITIVE,Telecommunication Services
"Sri Lanka banks say lobbies oppose recoveries, while others say defaulters going free",27-Jun-24,Banking,Deposits are safe banks say,"Sri Lanka banks say lobbies oppose recoveries, while others say defaulters going free Deposits are safe banks say",NEGATIVE,Commercial & Professional Services
"Sri Lanka goods exports down 5.81-pct in May, services up 21.2-pct",27-Jun-24,Trade,Merchandise exports fell 5.81 percent from a year ago to 960.2 million dollars in May ,"Sri Lanka goods exports down 5.81-pct in May, services up 21.2-pct Merchandise exports fell 5.81 percent from a year ago to 960.2 million dollars in May ",NEGATIVE,Banks
Sri Lanka cricket coach Chris Silverwood resigns,27-Jun-24,Culture,It has been a real honour for me to be part of Sri Lanka Cricket,Sri Lanka cricket coach Chris Silverwood resigns It has been a real honour for me to be part of Sri Lanka Cricket,POSITIVE,Banks
"Paris Club urge comparable deal with Sri Lanka bond holders, seeks info",27-Jun-24,Economy,"While India and several nations negotiated with the Paris Club, China negotiated on a parallel track","Paris Club urge comparable deal with Sri Lanka bond holders, seeks info While India and several nations negotiated with the Paris Club, China negotiated on a parallel track",NEGATIVE,Commercial & Professional Services
Sri Lanka rupee opens weaker at 305.40/60 to US dollar,27-Jun-24,Bonds & Forex,"Bond yields down, stocks up","Sri Lanka rupee opens weaker at 305.40/60 to US dollar Bond yields down, stocks up",NEGATIVE,Banks
Sri Lanka leader asks for mandate after bilateral debt deal signed,26-Jun-24,Debt Restructuring,Sri Lanka is yet to finalise debt restructuring with private creditors ,Sri Lanka leader asks for mandate after bilateral debt deal signed Sri Lanka is yet to finalise debt restructuring with private creditors ,NEGATIVE,Banks
Sri Lanka bilateral debt repayments delayed till 2028: President,26-Jun-24,Economy,Sri Lanka will then have until 2043 to repay the loans under concessional terms,Sri Lanka bilateral debt repayments delayed till 2028: President Sri Lanka will then have until 2043 to repay the loans under concessional terms,NEGATIVE,Commercial & Professional Services
Sri Lanka Treasury bill yields up across maturities,26-Jun-24,Bonds & Forex,Japan has promised to resume stalled projects after the bilateral debt restructuring deal ,Sri Lanka Treasury bill yields up across maturities Japan has promised to resume stalled projects after the bilateral debt restructuring deal ,NEGATIVE,Banks
Fitch downgrades Maldives to CCC+ as forex reserves fall,26-Jun-24,Economy,Reserves also fell due to repayment of a swap with the Reserve Bank of India,Fitch downgrades Maldives to CCC+ as forex reserves fall Reserves also fell due to repayment of a swap with the Reserve Bank of India,NEGATIVE,Banks
US welcomes Sri Lanka debt restructuring agreement,26-Jun-24,Economy,The agreement was reached on the sidelines of the Paris Forum 2024 in France.,US welcomes Sri Lanka debt restructuring agreement The agreement was reached on the sidelines of the Paris Forum 2024 in France.,POSITIVE,Banks
Sri Lanka reaches final agreement with Chinese EXIM Bank debt: State FinMin,26-Jun-24,Debt Restructuring,China's debt restructuring negotiations have taken longer time than expected ,Sri Lanka reaches final agreement with Chinese EXIM Bank debt: State FinMin China's debt restructuring negotiations have taken longer time than expected ,NEGATIVE,Banks
Sri Lanka rupee closes weaker at 305.35/55 to US dollar,26-Jun-24,Bonds & Forex,Bond yields up.,Sri Lanka rupee closes weaker at 305.35/55 to US dollar Bond yields up.,NEGATIVE,Commercial & Professional Services
"Sri Lanka stocks close down, retail investors hold back",26-Jun-24,Stocks & Companies,"""We have only reached an agreement with the OCC. This has made institutions, big players confident, but not retail ","Sri Lanka stocks close down, retail investors hold back ""We have only reached an agreement with the OCC. This has made institutions, big players confident, but not retail ",POSITIVE,Banks
"Sri Lanka CB imposes penalties on DFCC, Sampath banks for non-compliance",26-Jun-24,Banking,"Penalties imposed for not revealing information about customer, not doing due diligence ","Sri Lanka CB imposes penalties on DFCC, Sampath banks for non-compliance Penalties imposed for not revealing information about customer, not doing due diligence ",NEGATIVE,Banks
Sri Lanka explores joining BRICS amid faster post-debt restructuring growth hopes ,26-Jun-24,Economy,BRICS is seen as an alternative to groups of developed nations ,Sri Lanka explores joining BRICS amid faster post-debt restructuring growth hopes  BRICS is seen as an alternative to groups of developed nations ,POSITIVE,Banks
"Sri Lanka wraps up final deal on bilateral debt, China also in",26-Jun-24,Economy,Agreement with China Exim Bank also to be signed today,"Sri Lanka wraps up final deal on bilateral debt, China also in Agreement with China Exim Bank also to be signed today",POSITIVE,Banks
Sri Lanka foreign minister Sabry to visit Japan,26-Jun-24,Opinion,He will focus on making further progress on the outcome of Foreign Minister Kamikawa's visit to Sri Lanka,Sri Lanka foreign minister Sabry to visit Japan He will focus on making further progress on the outcome of Foreign Minister Kamikawa's visit to Sri Lanka,POSITIVE,Commercial & Professional Services
Sri Lanka Mannar 50MW wind plant lowest bid 4.88 US cents,26-Jun-24,Energy,Bids opened on June 26,Sri Lanka Mannar 50MW wind plant lowest bid 4.88 US cents Bids opened on June 26,NEGATIVE,Banks
"Sri Lanka rupee steady 305.25/50 to the US dollar, bond quoted wide",26-Jun-24,Bonds & Forex,Market somewhat muted compared to two weeks ago,"Sri Lanka rupee steady 305.25/50 to the US dollar, bond quoted wide Market somewhat muted compared to two weeks ago",NEGATIVE,Commercial & Professional Services
"Sri Lanka Trotskyist beat the IMF to property tax decades ago, Minister says",26-Jun-24,Economy,A property tax was implemented even when N.M. Perera was the Finance Minister,"Sri Lanka Trotskyist beat the IMF to property tax decades ago, Minister says A property tax was implemented even when N.M. Perera was the Finance Minister",NEGATIVE,Banks
Sri Lanka to sign Paris Club debt deals as fresh ISB talks to also start,25-Jun-24,Economy,Talks with sovereign bond holders later in the week,Sri Lanka to sign Paris Club debt deals as fresh ISB talks to also start Talks with sovereign bond holders later in the week,POSITIVE,Energy
Sri Lanka to seek investors for 200MW BOOT power plant,25-Jun-24,Business,"The plant to come on stream in 2026, as several plants are due to be retired","Sri Lanka to seek investors for 200MW BOOT power plant The plant to come on stream in 2026, as several plants are due to be retired",NEGATIVE,Banks
Explainer: How Sri Lanka’s political alliances are forming and their likely policies,25-Jun-24,Politics,"Sri Lanka’s political uncertainty has risen as presidential poll weighs on future direction, policies ","Explainer: How Sri Lanka’s political alliances are forming and their likely policies Sri Lanka’s political uncertainty has risen as presidential poll weighs on future direction, policies ",NEGATIVE,Commercial & Professional Services
Sri Lanka rupee closes steady at 305.25/35 to US dollar,25-Jun-24,Bonds & Forex,Bond yields up,Sri Lanka rupee closes steady at 305.25/35 to US dollar Bond yields up,POSITIVE,Banks
"Sri Lanka stocks close up, Commercial Bank crossing pushes turnover to 3.9bn",25-Jun-24,Stocks & Companies,Turnover was 3.9 billion. Most of this (Rs2.7bn) came from a crossing in Commercial Bank of Ceylon Plc.,"Sri Lanka stocks close up, Commercial Bank crossing pushes turnover to 3.9bn Turnover was 3.9 billion. Most of this (Rs2.7bn) came from a crossing in Commercial Bank of Ceylon Plc.",NEGATIVE,Banks
Sri Lanka to host Bora conference in July,25-Jun-24,Religion,"Approximately 15,000 members of the Bora community from various countries are expected to attend the event. ","Sri Lanka to host Bora conference in July Approximately 15,000 members of the Bora community from various countries are expected to attend the event. ",POSITIVE,Commercial & Professional Services
Sri Lanka apparel showcased in London under 'Your Vital Island' brand,25-Jun-24,Apparel,Aiming to increase apparel exports to the United Kingdom by a billion dollar in 2026,Sri Lanka apparel showcased in London under 'Your Vital Island' brand Aiming to increase apparel exports to the United Kingdom by a billion dollar in 2026,POSITIVE,Consumer Durables & Apparel
Sri Lanka's Commercial Bank Rs10bn to sell up to 10-year 13.5-pct debt,25-Jun-24,Banking,"The Bank will initially issue 100 million debentures at 100 rupees each, to raise 10 billion.","Sri Lanka's Commercial Bank Rs10bn to sell up to 10-year 13.5-pct debt The Bank will initially issue 100 million debentures at 100 rupees each, to raise 10 billion.",POSITIVE,Banks

Sri Lanka apparel showcased in London under 'Your Vital Island' brand,25-Jun-24,Apparel,Aiming to increase apparel exports to the United Kingdom by a billion dollar in 2026,Sri Lanka apparel showcased in London under 'Your Vital Island' brand Aiming to increase apparel exports to the United Kingdom by a billion dollar in 2026,POSITIVE,Consumer Durables & Apparel

Sri Lanka's Commercial Bank Rs10bn to sell up to 10-year 13.5-pct debt,25-Jun-24,Banking,"The Bank will initially issue 100 million debentures at 100 rupees each, to raise 10 billion.","Sri Lanka's Commercial Bank Rs10bn to sell up to 10-year 13.5-pct debt The Bank will initially issue 100 million debentures at 100 rupees each, to raise 10 billion.",POSITIVE,Banks

Sri Lanka to publish revised draft bill amending Mediation Board Act,25-Jun-24,Legal,The Legal Draftsman has drafted the revised bill which the Attorney General has already cleared.,Sri Lanka to publish revised draft bill amending Mediation Board Act The Legal Draftsman has drafted the revised bill which the Attorney General has already cleared.,NEGATIVE,Commercial & Professional Services

Sri Lanka to digitize monks' education through piriven,25-Jun-24,Education,"Will be provided computers, smart boards and printers.","Sri Lanka to digitize monks' education through piriven Will be provided computers, smart boards and printers.",NEGATIVE,Commercial & Professional Services
Cabinet nod for developing Sri Lanka's World War II-era Hingurakkogda airbase,25-Jun-24,Aviation,"In early April, the minister said Sri Lanka plans to revamp the Hingurakgoda airport to an international airport.","Cabinet nod for developing Sri Lanka's World War II-era Hingurakkogda airbase In early April, the minister said Sri Lanka plans to revamp the Hingurakgoda airport to an international airport.",POSITIVE,Transportation

Sri Lanka to sign Paris Club debt deals Wednesday: Minister,25-Jun-24,Economy,The finalizing of the restructure was a 'great victory' for Sri Lanka,Sri Lanka to sign Paris Club debt deals Wednesday: Minister The finalizing of the restructure was a 'great victory' for Sri Lanka,POSITIVE,Banks

Sri Lanka to call bids for new O&M contractor for Mannar wind farm,25-Jun-24,Energy,For the operation and maintenance of its Thambapavani wind farm in Mannar,Sri Lanka to call bids for new O&M contractor for Mannar wind farm For the operation and maintenance of its Thambapavani wind farm in Mannar,NEGATIVE,Energy

Sri Lanka's Interim Secretariat for Truth and Reconciliation holds consultations in Monaragala,25-Jun-24,Politics,"Consultations were held to ""gather insights and address community challenges"" stemming from Sri Lanka's ethnic conflict.","Sri Lanka's Interim Secretariat for Truth and Reconciliation holds consultations in Monaragala Consultations were held to ""gather insights and address community challenges"" stemming from Sri Lanka's ethnic conflict.",POSITIVE,Commercial & Professional Services

Sri Lanka's Brown and Company sells subsidiary to Ceylon Knit Trend,25-Jun-24,Stocks & Companies,"Browns Fabric Limited, with its Pannala factory, was disposed for Rs50,000,000","Sri Lanka's Brown and Company sells subsidiary to Ceylon Knit Trend Browns Fabric Limited, with its Pannala factory, was disposed for Rs50,000,000",NEGATIVE,Consumer Durables & Apparel
Sri Lanka cabinet approves signing restructured bilateral debt deals: Minister,25-Jun-24,Economy,"President Wickremesinghe is due to make a ""special"" national address on Wednesday evening","Sri Lanka cabinet approves signing restructured bilateral debt deals: Minister President Wickremesinghe is due to make a ""special"" national address on Wednesday evening",POSITIVE,Banks
"Sri Lanka 'free' visas likely to face $10 VFS Global fee, website: Harin",25-Jun-24,Business,There is a doubt about that. Our government will not take anything,"Sri Lanka 'free' visas likely to face $10 VFS Global fee, website: Harin There is a doubt about that. Our government will not take anything",NEGATIVE,Consumer Services
Sri Lanka rupee opens flat at 305.10/40 to US dollar,25-Jun-24,Bonds & Forex,"Bonds steady, stocks up","Sri Lanka rupee opens flat at 305.10/40 to US dollar Bonds steady, stocks up",NEGATIVE,Banks
Sri Lanka to get US$150mn from World Bank for health amid ageing population,25-Jun-24,Economy,Pandemic preparedness will also be improved.,Sri Lanka to get US$150mn from World Bank for health amid ageing population Pandemic preparedness will also be improved.,POSITIVE,Health Care Equipment & Services
Sri Lanka to begin second round of talks with ISB holders: report,25-Jun-24,Economy,Bilateral debt deal already finalized,Sri Lanka to begin second round of talks with ISB holders: report Bilateral debt deal already finalized,NEGATIVE,Banks
"Sri Lanka to launch marine tourism campaign in Trinco, Arugam Bay from August: Harin",24-Jun-24,Tourism,"“We will focus on deep-sea diving in Arugam Bay and Trincomalee as a form of bringing Marine Tourism in the country.""...","Sri Lanka to launch marine tourism campaign in Trinco, Arugam Bay from August: Harin “We will focus on deep-sea diving in Arugam Bay and Trincomalee as a form of bringing Marine Tourism in the country.""...",POSITIVE,Consumer Services
"State minister visits Myanmar, Thailand to seek repatriation of trafficked Sri Lankans",24-Jun-24,International Relations,"""We are optimistic that some of these students will be released in the near future,""","State minister visits Myanmar, Thailand to seek repatriation of trafficked Sri Lankans ""We are optimistic that some of these students will be released in the near future,""",POSITIVE,Commercial & Professional Services
"Sri Lanka stocks close up, renewed foreign interest",24-Jun-24,Stocks & Companies,"""There is renewed foreign interest now that Sri Lanka has announced debt restructuring is close to being finalised.""","Sri Lanka stocks close up, renewed foreign interest ""There is renewed foreign interest now that Sri Lanka has announced debt restructuring is close to being finalised.""",POSITIVE,Banks
Sri Lanka rupee closes steady at 305.20/30 to US dollar,24-Jun-24,Bonds & Forex,Bond yields up,Sri Lanka rupee closes steady at 305.20/30 to US dollar Bond yields up,POSITIVE,Banks
Sri Lanka Podujana Peramuna must work with leaders in line with its principles: committee,24-Jun-24,Politics,"""You will see that in due course. It's not the clothes that are important, it's the thinking,"" he said.","Sri Lanka Podujana Peramuna must work with leaders in line with its principles: committee ""You will see that in due course. It's not the clothes that are important, it's the thinking,"" he said.",POSITIVE,Commercial & Professional Services
Sri Lanka burial issue: president says govt to introduce laws allowing choice,24-Jun-24,Human Rights,"""The issue of burial has been a significant concern over the Muslim community in the country.""","Sri Lanka burial issue: president says govt to introduce laws allowing choice ""The issue of burial has been a significant concern over the Muslim community in the country.""",POSITIVE,Commercial & Professional Services
Ed Sheeran concert in Sri Lanka in 2025: Minister,24-Jun-24,General Economy,"Sri Lanka will host an Ed Sheeran concert in January 2025, in coordination with Cinnamon","Ed Sheeran concert in Sri Lanka in 2025: Minister Sri Lanka will host an Ed Sheeran concert in January 2025, in coordination with Cinnamon",POSITIVE,Consumer Services
Sri Lanka appoints new state minister of trade and environment,24-Jun-24,Politics,Sathasivam Viyalendiran took oath as the State Minister of Trade and Environment before President Ranil Wickremesinghe,Sri Lanka appoints new state minister of trade and environment Sathasivam Viyalendiran took oath as the State Minister of Trade and Environment before President Ranil Wickremesinghe,POSITIVE,Commercial & Professional Services
Sri Lanka's Nation Lanka Finance delays private placement,24-Jun-24,Stocks & Companies,"""The continuous erosion of capital resulting from the delay has required further negotiations for additional capital""","Sri Lanka's Nation Lanka Finance delays private placement ""The continuous erosion of capital resulting from the delay has required further negotiations for additional capital""",NEGATIVE,Banks

Sri Lanka rupee opens stronger at 305.30/50 to US dollar,24-Jun-24,Bonds & Forex,"Bond yields down, stocks up","Sri Lanka rupee opens stronger at 305.30/50 to US dollar Bond yields down, stocks up",NEGATIVE,Banks

Central bank swaps symptomatic of Sri Lanka's IMF return tickets and default: Bellwether,24-Jun-24,Bellwether,Outlawing central bank swaps should be a key measure in preventing a second default,Central bank swaps symptomatic of Sri Lanka's IMF return tickets and default: Bellwether Outlawing central bank swaps should be a key measure in preventing a second default,NEGATIVE,Banks

Sri Lanka central bank appoints two Deputy Governors,23-Jun-24,Economy,A A M Thassim and J P R Karunaratne promoted,Sri Lanka central bank appoints two Deputy Governors A A M Thassim and J P R Karunaratne promoted,POSITIVE,Banks

Sri Lanka opposition questions claims that IMF housing tax is only for kulaks,23-Jun-24,Economy,Whatever the President said the IMF agreement says owner occupied house,Sri Lanka opposition questions claims that IMF housing tax is only for kulaks Whatever the President said the IMF agreement says owner occupied house,NEGATIVE,Banks

India supports Sri Lanka Coast Guard to boost maritime security,23-Jun-24,Defence, Coast Guard Ship Suraksha was also gifted to Sri Lanka by India in October 2017,India supports Sri Lanka Coast Guard to boost maritime security  Coast Guard Ship Suraksha was also gifted to Sri Lanka by India in October 2017,POSITIVE,Commercial & Professional Services

"Sri Lanka Water Board makes profits, tax-payers inject Rs28bn",23-Jun-24,Economy,25 percent of water taken without paying anything,"Sri Lanka Water Board makes profits, tax-payers inject Rs28bn 25 percent of water taken without paying anything",NEGATIVE,Utilities

Sri Lanka will expedite Indian projects: President,22-Jun-24,Business,Wickremesinghe outlines bilateral projects to Indian business people at the 31st All India Partner’s Meet,Sri Lanka will expedite Indian projects: President Wickremesinghe outlines bilateral projects to Indian business people at the 31st All India Partner’s Meet,POSITIVE,Commercial & Professional Services

"Comments by Sri Lanka President, Justice Minister, intimidates judiciary: Lawyers collective",22-Jun-24,Legal,Disagreement cannot cross into threat or intimidation,"Comments by Sri Lanka President, Justice Minister, intimidates judiciary: Lawyers collective Disagreement cannot cross into threat or intimidation",POSITIVE,Commercial & Professional Services

Sri Lanka electricity generation returns to pre-crisis levels in first quarter,22-Jun-24,Energy,Real GDP was estimated to grow 5.3-pct in the first quarter of 2023 and power generation 9.6-pct,Sri Lanka electricity generation returns to pre-crisis levels in first quarter Real GDP was estimated to grow 5.3-pct in the first quarter of 2023 and power generation 9.6-pct,POSITIVE,Utilities

"Boosting Sri Lanka female employment can counter ageing population, migration",21-Jun-24,Economy,"However, many women also go abroad to countries with better monetary regimes and send back remittances.","Boosting Sri Lanka female employment can counter ageing population, migration However, many women also go abroad to countries with better monetary regimes and send back remittances.",POSITIVE,Commercial & Professional Services

Sri Lanka repays US$225mn to Reserve Bank of India in first quarter,21-Jun-24,Economy,Since October Sri Lanka has repaid US375mn to RBI,Sri Lanka repays US$225mn to Reserve Bank of India in first quarter Since October Sri Lanka has repaid US375mn to RBI,NEGATIVE,Banks

Indian FM meets Sri Lanka political leaders; focuses on committed deals,21-Jun-24,Energy,Sri Lanka has seen some rise in anti-Indian sentiments recently ,Indian FM meets Sri Lanka political leaders; focuses on committed deals Sri Lanka has seen some rise in anti-Indian sentiments recently ,POSITIVE,Commercial & Professional Services

Sri Lanka car permit tax losses Rs14bn in two years of partial disclosure,20-Jun-24,Economy,The list only shows waivers of a so-called 'luxury tax' waivers applicable to vehicles above certain value,Sri Lanka car permit tax losses Rs14bn in two years of partial disclosure The list only shows waivers of a so-called 'luxury tax' waivers applicable to vehicles above certain value,NEGATIVE,Automobiles & Components

Construction of Sampur solar power plant to begin mid-July,20-Jun-24,Energy,"Plans for an LNG supply, a petroleum pipeline linking the two countries, and advancing oil and gas exploration","Construction of Sampur solar power plant to begin mid-July Plans for an LNG supply, a petroleum pipeline linking the two countries, and advancing oil and gas exploration",POSITIVE,Energy

Sri Lanka shares debt management experience at global forum,20-Jun-24,Economy,"Sri Lanka has shared its experiences at a forum on debt management to ""provide lessons for others""","Sri Lanka shares debt management experience at global forum Sri Lanka has shared its experiences at a forum on debt management to ""provide lessons for others""",POSITIVE,Banks

Sri Lanka rupee closes stronger at 305.10/30 to US dollar,20-Jun-24,Bonds & Forex,Some bond yields edged up.,Sri Lanka rupee closes stronger at 305.10/30 to US dollar Some bond yields edged up.,NEGATIVE,Banks

"Sri Lanka stocks close up, JKH trade pushes turnover",20-Jun-24,Stocks & Companies,Turnover was 2 billion. Nearly half of this (Rs980mn) came from a crossing on John Keells Holdings Plc. ,"Sri Lanka stocks close up, JKH trade pushes turnover Turnover was 2 billion. Nearly half of this (Rs980mn) came from a crossing on John Keells Holdings Plc. ",NEGATIVE,Banks

Sri Lanka rupee closes stronger at 305.10/30 to US dollar,20-Jun-24,Bonds & Forex,Some bond yields edged up.,Sri Lanka rupee closes stronger at 305.10/30 to US dollar Some bond yields edged up.,NEGATIVE,Banks

"Sri Lanka stocks close up, JKH trade pushes turnover",20-Jun-24,Stocks & Companies,Turnover was 2 billion. Nearly half of this (Rs980mn) came from a crossing on John Keells Holdings Plc. ,"Sri Lanka stocks close up, JKH trade pushes turnover Turnover was 2 billion. Nearly half of this (Rs980mn) came from a crossing on John Keells Holdings Plc. ",NEGATIVE,Banks

"Sri Lanka, India launch maritime rescue coordination centre",20-Jun-24,Defence,The MRCC was constructed with a 6 million dollar grant from India.,"Sri Lanka, India launch maritime rescue coordination centre The MRCC was constructed with a 6 million dollar grant from India.",POSITIVE,Transportation

"Sri Lanka, Saudi Arabia to cooperate in promoting direct investment",20-Jun-24,Trade,Attract direct investment to country and improve investment environment of both countries ,"Sri Lanka, Saudi Arabia to cooperate in promoting direct investment Attract direct investment to country and improve investment environment of both countries ",POSITIVE,Commercial & Professional Services

Sri Lanka ready to sign bilateral debt restructure deals: Minister,20-Jun-24,Economy,"Sri Lanka has bilateral debt with Paris Club creditors, India and China","Sri Lanka ready to sign bilateral debt restructure deals: Minister Sri Lanka has bilateral debt with Paris Club creditors, India and China",POSITIVE,Banks

Sri Lanka FIU links up with bribery commission,20-Jun-24,Crime,CIABOC to share information relevant to any investigation with FIU,Sri Lanka FIU links up with bribery commission CIABOC to share information relevant to any investigation with FIU,NEGATIVE,Banks

Sri Lanka's UB Finance rights issue ovesubscribed,20-Jun-24,Stocks & Companies,"UB Finance PLC received applications for 500,728,992 shares on the rights issue","Sri Lanka's UB Finance rights issue ovesubscribed UB Finance PLC received applications for 500,728,992 shares on the rights issue",NEGATIVE,Banks

Maharaja Foods from Sri Lanka seeks Rs125nm for expansion,20-Jun-24,Markets,.,Maharaja Foods from Sri Lanka seeks Rs125nm for expansion .,NEGATIVE,"Food, Beverage & Tobacco"

Sri Lanka rupee opens weaker at 305.50/90 to US dollar,20-Jun-24,Bonds & Forex,"Bonds steady, stocks up","Sri Lanka rupee opens weaker at 305.50/90 to US dollar Bonds steady, stocks up",NEGATIVE,Banks

Sri Lanka's Brazil envoy initiates sister city link between Colombo and Rio,20-Jun-24,Trade,Invited Brazilian entrepreneurs and tourists to make use of experience and opportunities available in Sri Lanka,Sri Lanka's Brazil envoy initiates sister city link between Colombo and Rio Invited Brazilian entrepreneurs and tourists to make use of experience and opportunities available in Sri Lanka,POSITIVE,Commercial & Professional Services

Sri Lanka expressway cashiers stealing 10 to 20-pct of toll revenue: official,20-Jun-24,Economy,"Based on the day the Army operated the toll booths, there is a minimum of 10 to 20-pct revenue loss","Sri Lanka expressway cashiers stealing 10 to 20-pct of toll revenue: official Based on the day the Army operated the toll booths, there is a minimum of 10 to 20-pct revenue loss",NEGATIVE,Transportation

"Indian FM Jaishankar in Sri Lanka to discuss partnerships amid project delays, ahead of polls",20-Jun-24,International Relations,Sri Lankan visit will be Jaishankar's first bilateral visit under new Indian government,"Indian FM Jaishankar in Sri Lanka to discuss partnerships amid project delays, ahead of polls Sri Lankan visit will be Jaishankar's first bilateral visit under new Indian government",POSITIVE,Commercial & Professional Services
Sri Lanka mulling development bank to give low interest credit: President,19-Jun-24,Banking,"""This new bank aims to maintain low interest rates.""","Sri Lanka mulling development bank to give low interest credit: President ""This new bank aims to maintain low interest rates.""",NEGATIVE,Banks
"Sri Lanka Treasuries yields rise, 3-month up 50bp",19-Jun-24,Bonds & Forex,More three month bills sold and lower volume of month bills,"Sri Lanka Treasuries yields rise, 3-month up 50bp More three month bills sold and lower volume of month bills",NEGATIVE,Banks
Sri Lanka rupee closes weaker at 305.40/55 to US dollar,19-Jun-24,Bonds & Forex,Bond yields up,Sri Lanka rupee closes weaker at 305.40/55 to US dollar Bond yields up,NEGATIVE,Banks
"Sri Lanka stocks close down, turnover Rs2.7bn",19-Jun-24,Stocks & Companies,A large part of this came from consumer durables and apparel industry stocks,"Sri Lanka stocks close down, turnover Rs2.7bn A large part of this came from consumer durables and apparel industry stocks",NEGATIVE,Consumer Durables & Apparel
Sri Lanka calls applications for National Police Commission vacancy,19-Jun-24,Defence,"The commission consists of 7 members of which two members are yet to be appointed,","Sri Lanka calls applications for National Police Commission vacancy The commission consists of 7 members of which two members are yet to be appointed,",NEGATIVE,Commercial & Professional Services
"Sri Lanka cricketer to invest in candy, drinks factory in India",19-Jun-24,Business,"Muttiah Muralitharan to invest 1,400 crore Indian rupees to set up beverage and confectionery unit in Karnataka","Sri Lanka cricketer to invest in candy, drinks factory in India Muttiah Muralitharan to invest 1,400 crore Indian rupees to set up beverage and confectionery unit in Karnataka",NEGATIVE,"Food, Beverage & Tobacco"
Sri Lanka's Hela Apparel to raise Rs1.5bn in rights issue,19-Jun-24,Stocks & Companies,Proceeds of the issue willbe used to settle a sub-subsidiary's debt,Sri Lanka's Hela Apparel to raise Rs1.5bn in rights issue Proceeds of the issue willbe used to settle a sub-subsidiary's debt,NEGATIVE,Consumer Durables & Apparel
Sri Lanka Railways asks squatters to register online,19-Jun-24,Fiscal,"""All unauthorized occupants who do not register by that date will be removed from railway premises.""","Sri Lanka Railways asks squatters to register online ""All unauthorized occupants who do not register by that date will be removed from railway premises.""",NEGATIVE,Transportation
Panel allows Sri Lanka central bank staff to get high salaries,19-Jun-24,Economy,The panel has said that individuals should be given increments on a 'meritocracy',Panel allows Sri Lanka central bank staff to get high salaries The panel has said that individuals should be given increments on a 'meritocracy',NEGATIVE,Banks
Sri Lanka hSenid to use IPO funds for market development,19-Jun-24,Stocks & Companies,The money was originally allocated for 'strategic acquisitions in APAC and East African regions'.,Sri Lanka hSenid to use IPO funds for market development The money was originally allocated for 'strategic acquisitions in APAC and East African regions'.,NEGATIVE,Software & Services
Sri Lanka rupee opens weaker at 305.00/50 to US dollar,19-Jun-24,Bonds & Forex,Bond yields and stocks up,Sri Lanka rupee opens weaker at 305.00/50 to US dollar Bond yields and stocks up,NEGATIVE,Banks
"Sri Lanka manufacturing recovers strongly in May, financial services expand: PMI",19-Jun-24,Economy,New hires seen in several services companies,"Sri Lanka manufacturing recovers strongly in May, financial services expand: PMI New hires seen in several services companies",POSITIVE,Banks
"Central banks expect to increase gold reserves after buying 1,037 tonnes in 2023: Survey",18-Jun-24,Economy,De-dollarization was cited as a reason by 13-pct of emerging market central banks and 6-pct advanced ones,"Central banks expect to increase gold reserves after buying 1,037 tonnes in 2023: Survey De-dollarization was cited as a reason by 13-pct of emerging market central banks and 6-pct advanced ones",NEGATIVE,Banks
Sri Lanka rupee closes weaker at 304.75/305.40 to US dollar,18-Jun-24,Economy,.,Sri Lanka rupee closes weaker at 304.75/305.40 to US dollar .,NEGATIVE,Banks
Sri Lanka's Ceylon Chamber links up with Gujarat Chamber,18-Jun-24,Business,"To facilitate trade between the two countries via initiatives such as trade fairs and delegations, business networking ","Sri Lanka's Ceylon Chamber links up with Gujarat Chamber To facilitate trade between the two countries via initiatives such as trade fairs and delegations, business networking ",POSITIVE,Commercial & Professional Services

Sri Lanka telecommunications bill some clauses ruled unconstitutional by SC: Speaker,18-Jun-24,Courts,Remedies proposed by Supreme Court,Sri Lanka telecommunications bill some clauses ruled unconstitutional by SC: Speaker Remedies proposed by Supreme Court,NEGATIVE,Telecommunication Services

Sri Lanka to exempt one house from imputed rent wealth tax: President,18-Jun-24,Economy,...[O]ne house will be exempt from this,Sri Lanka to exempt one house from imputed rent wealth tax: President ...[O]ne house will be exempt from this,POSITIVE,Banks

Sri Lanka rupee opens weaker at 304.30/55 to US dollar,18-Jun-24,Bonds & Forex,"Bond yields steady, stocks down","Sri Lanka rupee opens weaker at 304.30/55 to US dollar Bond yields steady, stocks down",NEGATIVE,Banks

Sri Lanka president apologises for forced cremations during Covid,18-Jun-24,Human Rights,"New law to protect right to burial, cremation, donation of cadaver","Sri Lanka president apologises for forced cremations during Covid New law to protect right to burial, cremation, donation of cadaver",NEGATIVE,Commercial & Professional Services

Sri Lanka female owned businesses face US$17bn financing gap: ADB country chief,18-Jun-24,Banking,A process called WE-Fi Code to collect data and develop policies to help women's access to finance,Sri Lanka female owned businesses face US$17bn financing gap: ADB country chief A process called WE-Fi Code to collect data and develop policies to help women's access to finance,NEGATIVE,Banks

Sri Lanka says imputed rental tax will not apply to all,18-Jun-24,Economy,The envisaged property tax is in an advanced stage of design and therefore or,Sri Lanka says imputed rental tax will not apply to all The envisaged property tax is in an advanced stage of design and therefore or,NEGATIVE,Banks

"In Sri Lanka's North, legal alcohol is too far away, Lion Brewery says",17-Jun-24,Business,"1 off-premise licensed outlet every 45sqkm on average, while in North this stands at one outlet per 167sqkm","In Sri Lanka's North, legal alcohol is too far away, Lion Brewery says 1 off-premise licensed outlet every 45sqkm on average, while in North this stands at one outlet per 167sqkm",NEGATIVE,"Food, Beverage & Tobacco"

"Sri Lanka President, Mannar Bishop discuss energy, land ties with India",17-Jun-24,Energy,"A pre-feasibility study for a land connection between Sri Lanka and India has been completed,","Sri Lanka President, Mannar Bishop discuss energy, land ties with India A pre-feasibility study for a land connection between Sri Lanka and India has been completed,",POSITIVE,Energy

Sri Lanka central govt debt to GDP at 100-pct by March 2024,17-Jun-24,Economy,Public debt with SOE guaranteed debt fell to 106.8 pct of GDP in March 2024 from 112.7-pct in Dec,Sri Lanka central govt debt to GDP at 100-pct by March 2024 Public debt with SOE guaranteed debt fell to 106.8 pct of GDP in March 2024 from 112.7-pct in Dec,NEGATIVE,Banks

Sri Lanka to end patrician tax free car permits under IMF deal?,17-Jun-24,Economy,Politicians get completely tax free cars while plebeians pay taxes of over 200-pct for mobility,Sri Lanka to end patrician tax free car permits under IMF deal? Politicians get completely tax free cars while plebeians pay taxes of over 200-pct for mobility,NEGATIVE,Automobiles & Components

"Vietnam selling SBV bills to stabilize the Dong, as Sri Lanka rupee also weakens",16-Jun-24,Economy,Dong under renewed pressure after it was made more 'flexible',"Vietnam selling SBV bills to stabilize the Dong, as Sri Lanka rupee also weakens Dong under renewed pressure after it was made more 'flexible'",NEGATIVE,Banks

Explainer: Sri Lanka’s key political risks ahead of presidential election,16-Jun-24,Economy,"Sri Lanka is heading for elections after unpredicted economic crisis, IMF-led policy reforms ","Explainer: Sri Lanka’s key political risks ahead of presidential election Sri Lanka is heading for elections after unpredicted economic crisis, IMF-led policy reforms ",POSITIVE,Commercial & Professional Services

Sri Lanka coconut prices extend gains in June,16-Jun-24,Agriculture,Coconut prices rose 20 percent over May at the weekly auction,Sri Lanka coconut prices extend gains in June Coconut prices rose 20 percent over May at the weekly auction,NEGATIVE,"Food, Beverage & Tobacco"

Sri Lanka state airport agency swimming in cash after sovereign default,16-Jun-24,Economy,Interest income shot up from Rs3.3bn in 2021 to Rs10.4bn after default,Sri Lanka state airport agency swimming in cash after sovereign default Interest income shot up from Rs3.3bn in 2021 to Rs10.4bn after default,NEGATIVE,Transportation

Sri Lanka car import relaxing roadmap given to IMF: State Minister,15-Jun-24,Economy,"Luxury cars which attract the highest taxes, are the last to be relaxed","Sri Lanka car import relaxing roadmap given to IMF: State Minister Luxury cars which attract the highest taxes, are the last to be relaxed",NEGATIVE,Automobiles & Components

Chitrasiri Committee presents draft constitution for Sri Lanka Cricket,15-Jun-24,Sports,Renewed criticism of the team and the governing body,Chitrasiri Committee presents draft constitution for Sri Lanka Cricket Renewed criticism of the team and the governing body,NEGATIVE,Commercial & Professional Services

Sri Lanka's Cable Solutions in Rs605mn IPO,15-Jun-24,Markets,Listing of its ordinary voting shares on the Diri Savi Board of the CSE.,Sri Lanka's Cable Solutions in Rs605mn IPO Listing of its ordinary voting shares on the Diri Savi Board of the CSE.,NEGATIVE,Capital Goods

Sri Lanka beats key IMF program targets for March 2024 amid rupee stability,15-Jun-24,Economy,"Primary surplus, net international reserves, tax revenue floor indicative targets exceeded ","Sri Lanka beats key IMF program targets for March 2024 amid rupee stability Primary surplus, net international reserves, tax revenue floor indicative targets exceeded ",NEGATIVE,Banks

Sri Lanka GDP grows 5.3-pct in first quarter of 2024 amid monetary stability,15-Jun-24,Economy, This low inflation incentivized the economy by providing inputs at a much lower price,Sri Lanka GDP grows 5.3-pct in first quarter of 2024 amid monetary stability  This low inflation incentivized the economy by providing inputs at a much lower price,NEGATIVE,Banks

Sri Lanka's NPP notes five-point crisis for economic growth sans details,14-Jun-24,Politics,"""We must first understand the crisis.","Sri Lanka's NPP notes five-point crisis for economic growth sans details ""We must first understand the crisis.",NEGATIVE,Commercial & Professional Services

Sri Lanka diaspora fund online learning platform to provide education for all ages,14-Jun-24,Education,"Operated by Regent Global, it has been funded by the Sri Lankan diaspora in the UK.","Sri Lanka diaspora fund online learning platform to provide education for all ages Operated by Regent Global, it has been funded by the Sri Lankan diaspora in the UK.",POSITIVE,Commercial & Professional Services

"Indian FM Jaishankar to visit Sri Lanka this month, to review agreed projects",14-Jun-24,International Relations,India has been in the process of strengthening connectivity with Sri Lanka ,"Indian FM Jaishankar to visit Sri Lanka this month, to review agreed projects India has been in the process of strengthening connectivity with Sri Lanka ",POSITIVE,Commercial & Professional Services

Sri Lanka rupee closes weaker at 304.00/15 to US dollar,14-Jun-24,Bonds & Forex,Bond yields were broadly stable.,Sri Lanka rupee closes weaker at 304.00/15 to US dollar Bond yields were broadly stable.,POSITIVE,Banks

"Sri Lanka stocks close down, Hayles Fabric, Dipped Products sees interest",14-Jun-24,Stocks & Companies,Turnover was 1.2 billion. A large part of this came from capital goods stocks (Rs467mn).,"Sri Lanka stocks close down, Hayles Fabric, Dipped Products sees interest Turnover was 1.2 billion. A large part of this came from capital goods stocks (Rs467mn).",NEGATIVE,Capital Goods

Sri Lanka's JAT binder plant looks to export excess product,14-Jun-24,Business,"Potential for exporting excess production of binders, foundational component of wood coatings, emulsion paint","Sri Lanka's JAT binder plant looks to export excess product Potential for exporting excess production of binders, foundational component of wood coatings, emulsion paint",NEGATIVE,Materials
US welcomes IMF approval of Sri Lanka's second review,14-Jun-24,Politics,"""Sri Lanka's leaders to stay committed to take needed measures that ensure accountability.""","US welcomes IMF approval of Sri Lanka's second review ""Sri Lanka's leaders to stay committed to take needed measures that ensure accountability.""",POSITIVE,Banks

Sri Lanka to tax imaginary rents on houses under IMF deal,14-Jun-24,Economy,A nationwide digital Sales Price and Rents Register (SPRR) is to be set up by March 2025,Sri Lanka to tax imaginary rents on houses under IMF deal A nationwide digital Sales Price and Rents Register (SPRR) is to be set up by March 2025,NEGATIVE,Banks

"Sri Lanka, China hold bilateral consultation in Beijing; policies to be reviewed",14-Jun-24,International Relations,Sri Lanka has banned Chinese research ships coming for research purposes after Indian protests,"Sri Lanka, China hold bilateral consultation in Beijing; policies to be reviewed Sri Lanka has banned Chinese research ships coming for research purposes after Indian protests",NEGATIVE,Commercial & Professional Services

Sri Lanka's Sling solar-powered EV battery project wins US award,14-Jun-24,Energy,USAID-funded EV battery subscription service wins award at Society for International Development conference,Sri Lanka's Sling solar-powered EV battery project wins US award USAID-funded EV battery subscription service wins award at Society for International Development conference,POSITIVE,Automobiles & Components

Sri Lanka rupee trades weaker at 303.90/304.05 to US dollar,14-Jun-24,Bonds & Forex,"Bond yields were broadly stable, stocks down","Sri Lanka rupee trades weaker at 303.90/304.05 to US dollar Bond yields were broadly stable, stocks down",NEGATIVE,Banks

Sri Lanka to revise SDP Act with rules-based exemptions,14-Jun-24,Economy,Rules-based eligibility criteria for granting time-bound incentives to Parliament by end-February 2025,Sri Lanka to revise SDP Act with rules-based exemptions Rules-based eligibility criteria for granting time-bound incentives to Parliament by end-February 2025,NEGATIVE,Banks

Sri Lanka car import relaxation full plan by June 15: IMF report,14-Jun-24,Economy,"A detailed plan, including the implications on tax and reserve accumulations, will be finalized by June 15","Sri Lanka car import relaxation full plan by June 15: IMF report A detailed plan, including the implications on tax and reserve accumulations, will be finalized by June 15",POSITIVE,Automobiles & Components

IMF says suspension of Sri Lanka parate execution should be ended ASAP,14-Jun-24,Banking,"Bad loans spiked after a currency crises, triggering auctioning of collateral","IMF says suspension of Sri Lanka parate execution should be ended ASAP Bad loans spiked after a currency crises, triggering auctioning of collateral",NEGATIVE,Banks