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The geopolitical shockwave could unsettle President Anura Kumara Dissanayake’s plans

Nearly 10 percent of Sri Lanka's population live in Gulf countries as expatriate workers

Attack was expected long ago

This was the index' second-highest reading on record after the peak of 75.7 in July 2020, CBSL said.

Price fall in vegetables helps ease February inflation

The Bank's total loans portfolio reached 2.0 trillion rupees

Bond yields closed broadly steady, dealers said.

The market turnover was 7.01 billion rupees.

Sri Lanka to be a home for creation of value in the digital space

Fitch Ratings – Colombo: Fitch Ratings believes the Central Bank of Sri Lanka’s (CBSL) reintroduction of a consolidation framework for the banking sector is broadly positive for sector credit profiles. Consolidation should strengthen franchises, create better-capitalised banks and support compliance with tightening single-borrower limits, particularly as higher post-merger capital can enable banks to take larger […]

Reflects continued volatility in global demand

Turnover was 3.8 billion rupees.

Bringing the total of bills sold this week to 99 billion rupees.

IPS analyses the status of US tariffs on Sri Lankan exports, especially following the recent US Supreme Court judgement

Stocks were trading down

More closely the single policy rate is targeted the, the bigger the crisis Sri Lanka will have

Both bonds are available on tap.

It has achieved 18.6 percent of this year’s target in the first 53 days

ECONOMYNEXT – Sri Lanka’s rupee closed at 309.29/32 to the US dollar in the spot market Thursday, after opening at 309.33/37, dealers said, while bond yields closed down. A bond maturing on 15.12.2026 closed at 8.10/20 percent. A bond maturing on 15.02.2028 closed at 8.95/9.00 percent. A bond maturing on 15.09.2029 closed at 9.37/40 percent, […]

Most activity seen from retailers

Expects to increase Indian passenger traffic by 12 percent next year

The awards will include financial institutions, fintechs and government institutions that utilise and dispatch digital

The lease has been granted for a period of 99 years for Rs3.2bn, including VAT, SSCL and other charges

Almost 30 new government institutions from Kurunegala have been integrated into Lankapay from last week.

Hayleys (Rs.246.00) and John Keells Holdings (Rs.22.70) were the top positive contributors to ASPI.