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EconomyNext 1 month ago
Iran conflict’s scope and duration will determine sovereign rating impact: Fitch

Material damage to GCC energy export infrastructure would be the most likely channel to pressure sov…

Sri Lanka stock index suffers worst points fall in history over ME crisis concerns
EconomyNext 1 month ago
Sri Lanka stock index suffers worst points fall in history over ME crisis concerns

The market turnover was 9.56 billion rupees.

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EconomyNext 1 month ago
Sri Lanka rupee depreciates, bond yields up

Bond yields closed up after seesawing in the morning

SriLankan Airlines cancels 12 Middle East flights
EconomyNext 1 month ago
SriLankan Airlines cancels 12 Middle East flights

As airspace in certain parts of the Middle East continues to remain closed due to the ongoing confli…

Sri Lanka president outlines plans to boost fuel storage
EconomyNext 1 month ago
Sri Lanka president outlines plans to boost fuel storage

“This will add roughly 10 days of additional storage capacity to our reserves,” Dissanayake said…

JICA gives Sri Lanka’s RDA drones to boost landslide prevention
EconomyNext 1 month ago
JICA gives Sri Lanka’s RDA drones to boost landslide prevention

The drones were given in response to an urgent request from RDA after Cyclone Ditwa.

Sri Lanka has petrol, diesel stocks for 27, 33 days: President
EconomyNext 1 month ago
Sri Lanka has petrol, diesel stocks for 27, 33 days: President

Several shipments, including one carrying 35,000 metric tons, will arrive on schedule, he said.

Sri Lanka’s Hayleys Rs7bn debt issue assigned ‘AAA(lka)’ by Fitch Ratings
EconomyNext 1 month ago
Sri Lanka’s Hayleys Rs7bn debt issue assigned ‘AAA(lka)’ by Fitch Ratings

The debentures are rated in line with Hayleys' National Long-Term Rating and existing unsecured note…

Sri Lanka central bank surveys VASPS
EconomyNext 1 month ago
Sri Lanka central bank surveys VASPS

To obtain information on virtual asset service providers (VASPS).

Sri Lanka stocks plunge amidst Middle East tensions, triggering market halt
EconomyNext 1 month ago
Sri Lanka stocks plunge amidst Middle East tensions, triggering market halt

Market halted due to the S&P SL20 index dropping over 5% from the previous close

Sri Lanka rupee depreciates, bond yields seesaw
EconomyNext 1 month ago
Sri Lanka rupee depreciates, bond yields seesaw

Rupee depreciated sharply on Middle East tension

Sri Lanka’s capex to bring high returns to economy in multiple years: Treasury Secy
EconomyNext 1 month ago
Sri Lanka’s capex to bring high returns to economy in multiple years: Treasury Secy

Capex to have appropriate returns to the economy