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No confidence motion against Sri Lanka’s Energy Minister fails
EconomyNext 2 months ago
No confidence motion against Sri Lanka’s Energy Minister fails

Government defended minister accused of coal import irregularities

Fitch downgrades Sri Lanka’s NDB rating to ‘A-(lka)’; Outlook Negative
EconomyNext 2 months ago
Fitch downgrades Sri Lanka’s NDB rating to ‘A-(lka)’; Outlook Negative

Also downgraded rating assigned to NDB's Basel III-compliant subordinated debentures to 'BBB(lka)' f…

Sri Lanka rupee flat, bond yields steady
EconomyNext 2 months ago
Sri Lanka rupee flat, bond yields steady

Bond yields were broadly steady, dealers said

Sri Lanka stocks close up, crossings in LIOC, JKH push turnover
EconomyNext 2 months ago
Sri Lanka stocks close up, crossings in LIOC, JKH push turnover

Turnover was 5.016 billion rupees.

No takers for Sri Lanka Treasury bonds offered on tap
EconomyNext 2 months ago
No takers for Sri Lanka Treasury bonds offered on tap

“No further subscription was made under Direct Issuance Window

Sri Lanka could lose 0.8-pct growth in 2026 on prolonged US-Iran conflict: ADB
EconomyNext 2 months ago
Sri Lanka could lose 0.8-pct growth in 2026 on prolonged US-Iran conflict: ADB

Lower tourism revenues, higher energy and fertilizer import costs could be among negative fallouts

Sri Lanka’s HNB Finance to raise Rs2.4bn in rights issue
EconomyNext 2 months ago
Sri Lanka’s HNB Finance to raise Rs2.4bn in rights issue

Funds are to be used to improve the Capital Adequacy Ratio of the Company, and for lending purposes

Sri Lanka stocks trend up, NDB lists shares from scrip dividend
EconomyNext 2 months ago
Sri Lanka stocks trend up, NDB lists shares from scrip dividend

National Development Bank said 5,308,377 ordinary voting shares have been listed

Asia and Pacific growth to slow to 5.1-pct, weighed down by West Asia conflict: ADB
EconomyNext 2 months ago
Asia and Pacific growth to slow to 5.1-pct, weighed down by West Asia conflict: ADB

Regional inflation is projected to rise to 3.6% in 2026 and 3.4% in 2027, from 3.0% last year.

US-Iran conflict credit risks remain elevated despite ceasefire: Fitch Ratings
EconomyNext 2 months ago
US-Iran conflict credit risks remain elevated despite ceasefire: Fitch Ratings

Key unknowns include the outcome of the talks (if any), and speed of recovery for energy flows and s…

Sri Lanka rupee flat, bond yields steady
EconomyNext 2 months ago
Sri Lanka rupee flat, bond yields steady

Stocks were trading up

Sri Lanka sells extra Rs5bn Treasury bills after auction
EconomyNext 2 months ago
Sri Lanka sells extra Rs5bn Treasury bills after auction

Bringing the total of bills sold last week to 35 billion rupees.