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Sri Lanka stocks end the week up, having dropped 4.85-pct from last Friday
EconomyNext 1 month ago
Sri Lanka stocks end the week up, having dropped 4.85-pct from last Friday

Market turnover was 4.39 billion rupees.

Sri Lanka faces Rs2 pump hike for every $1 global oil rise: President
EconomyNext 1 month ago
Sri Lanka faces Rs2 pump hike for every $1 global oil rise: President

Sri Lanka’s fuel prices face severe upward pressure from spiking global oil rates and surging supp…

Fuel app shows where stocks are available in Sri Lanka amidst shortage
EconomyNext 1 month ago
Fuel app shows where stocks are available in Sri Lanka amidst shortage

The platform has 2,500+ users providing live updates according a message circulating on social media…

US’s Sergio Gor meets Sri Lanka Navy amidst ongoing war on Iran
EconomyNext 1 month ago
US’s Sergio Gor meets Sri Lanka Navy amidst ongoing war on Iran

Gor met President Anura Dissanayake, then central bank chief Nandalal Weerasinghe and other presiden…

Sri Lanka stocks trend up as brent drops below $110
EconomyNext 1 month ago
Sri Lanka stocks trend up as brent drops below $110

Turnover was 682 million rupees.

Sri Lanka rupee weaker, bond yields stabilize
EconomyNext 1 month ago
Sri Lanka rupee weaker, bond yields stabilize

Bond yields stabilized, opened steady and offers dropped on the back of signs of de-escalation of th…

SriLankan Airlines swaps defaulted bonds successfully in restructuring US$175mn debt
EconomyNext 1 month ago
SriLankan Airlines swaps defaulted bonds successfully in restructuring US$175mn debt

Delay in national carrier's debt restructuring had weighed on country's credit rating

IMF team in Sri Lanka for two reviews on reforms
EconomyNext 1 month ago
IMF team in Sri Lanka for two reviews on reforms

The completion of fifth review of the IMF deal has been delayed after Ditwah-disaster

Sri Lanka pins hopes on Trinco oil tanks as long term solution for fuel shortage
EconomyNext 1 month ago
Sri Lanka pins hopes on Trinco oil tanks as long term solution for fuel shortage

Sri Lanka has entered into tripartite deal with India and UAE to develop 61 tanks in Trincomalee

Sri Lanka rupee weaker, bond yields close up
EconomyNext 1 month ago
Sri Lanka rupee weaker, bond yields close up

Rupee depreciates, bond yields rise

Sri Lanka stocks close down 1.82-pct as market reacts to escalating conflict
EconomyNext 1 month ago
Sri Lanka stocks close down 1.82-pct as market reacts to escalating conflict

Market turnover was 3.95 billion rupees.