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EconomyNext 4 months ago
Sri Lanka sells Rs82.09bn in 2030, 2034 and 2037 bonds

Of an offered 100 billion

Sri Lanka rupee weaker, bond yields up
EconomyNext 4 months ago
Sri Lanka rupee weaker, bond yields up

ECONOMYNEXT – Sri Lanka’s rupee closed at 315.55/65 to the US dollar in the spot market Thursday…

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EconomyNext 4 months ago
Sri Lanka stocks close down amidst global uncertainty

“Most banks were slightly up, after short term negativity because of NDB, recoveries seen"

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EconomyNext 4 months ago
IMF watching NDB fraud situation carefully, Mission Chief says

"We are watching the situation carefully, and we are talking to the central bank"

IMF reaches Staff-Level Agreement Sri Lanka’s 5th, 6th reviews of EFF
EconomyNext 4 months ago
IMF reaches Staff-Level Agreement Sri Lanka’s 5th, 6th reviews of EFF

Sri Lanka may access to US$700mn once the staff-level agreement is approved by IMF Board

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EconomyNext 4 months ago
Sri Lanka stocks trend down, NDB picks up

National Development Bank among top positive contributors to the ASPI

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EconomyNext 4 months ago
Fresh milk vanishes from Sri Lanka shop shelves amidst fears of price increase

Supermarket shelves were empty of the larger packet of fresh milk over the weekend and into Monday.

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EconomyNext 4 months ago
Sri Lanka NDB informs CB of “significant loss” after fraud

NDB has informed the bourse that the fraud could lead to Rs.13.2bn loss

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EconomyNext 4 months ago
Sri Lanka stocks trend down midday, NDB trading halted

Banking stocks were down

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EconomyNext 4 months ago
Sri Lanka’s NDB says loss from internal fraud Rs13.2bn, trading halted

NDB addresses fraud incident, estimates loss and reinforces financial strength and stability

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EconomyNext 4 months ago
Sri Lanka rupee holds steady, bond yields flat

Stocks opened up

Sri Lanka’s Hambantota Port expands capacity as transshipment volumes increase
EconomyNext 4 months ago
Sri Lanka’s Hambantota Port expands capacity as transshipment volumes increase

In response to a sharp surge in global shipping volumes triggered by the ongoing crisis in West Asia