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Sri Lanka stocks close down as profit taking sets in
EconomyNext 7 months ago
Sri Lanka stocks close down as profit taking sets in

The market turnover was 5.00 billion rupees.

Sri Lanka’s Mahindra Ideal Finance debt given ‘A(lka)’ rating by Fitch
EconomyNext 7 months ago
Sri Lanka’s Mahindra Ideal Finance debt given ‘A(lka)’ rating by Fitch

The proposed debentures are rated two notches below MID's National Long-Term Rating.

Informal invitation preceded Iranian ship’s arrival in Sri Lanka waters: MP quotes envoy
EconomyNext 7 months ago
Informal invitation preceded Iranian ship’s arrival in Sri Lanka waters: MP quotes envoy

Sri Lanka was assessing Iran’s request to allow three ships including IRIS Dena which was sunk by …

US embassy in Sri Lanka asks citizens to sign up for security updates
EconomyNext 7 months ago
US embassy in Sri Lanka asks citizens to sign up for security updates

"We encourage all American citizens to sign up for the Smart Traveler Enrollment Program (STEP)

Sri Lanka stocks trend down midday, turnover driven by capital goods
EconomyNext 7 months ago
Sri Lanka stocks trend down midday, turnover driven by capital goods

Turnover was 3.36 billion rupees.

Sri Lanka unbundles power utility in move to encourage private sector participation
EconomyNext 7 months ago
Sri Lanka unbundles power utility in move to encourage private sector participation

Extraordinary Gazette announced that the provisions of the new act will come into operation next Mon…

Sri Lanka rupee weaker, bond yields steady
EconomyNext 7 months ago
Sri Lanka rupee weaker, bond yields steady

Wth the exception of the 01.06.2033 which saw demand and edged down.

Sri Lanka central bank chief to join IMF head for Asia-Pacific talks
EconomyNext 7 months ago
Sri Lanka central bank chief to join IMF head for Asia-Pacific talks

Panel will explore the forces reshaping the Asia-Pacific region and the policy priorities needed

Sri Lanka was assessing Iran’s request for 3 ships since Feb 26 before US strike: President
EconomyNext 7 months ago
Sri Lanka was assessing Iran’s request for 3 ships since Feb 26 before US strike: President

IRIS Dena was sunk by U.S. while Sri Lanka was assessing "goodwill visit" request

Sri Lanka sells extra Rs7.5bn Treasury bills after auction
EconomyNext 7 months ago
Sri Lanka sells extra Rs7.5bn Treasury bills after auction

Bringing the total of bills sold this week to 55.33 billion rupees.

Sri Lanka rupee depreciates further, bond yields steady
EconomyNext 7 months ago
Sri Lanka rupee depreciates further, bond yields steady

Considerably weaker from previous close

Sri Lanka to amend 2016 Microfinance Act, set up new regulatory body
EconomyNext 7 months ago
Sri Lanka to amend 2016 Microfinance Act, set up new regulatory body

Bill presented to parliament this week to amend the Microfinance Act No. 06 of 2016