Sri Lanka News Explorer
Last 7 Days
Older News
- Older than 2023-Dec (57)
Narrow by Category
- Business (47)
- Breaking News (10)
[…]The post Is Cargills-AMUL JV Creating A Dairy Monopoly? appeared first on Colombo Telegraph.
- NPP’s Economic Diplomacy; Non-Aligned In The Best Interests Of The Nation (Category: Breaking News)
- The Aragalaya & The Wijeweera Legacy: How The Lankan Left Could Win (Category: Breaking News)
- Who Or What Made Us Insolvent (Category: Breaking News)
- Ranil’s Repression Will Hit The JVP-NPP While It Indulges In Political Narcissism (Category: Breaking News)
[…]The post Who Or What Made Us Insolvent appeared first on Colombo Telegraph.
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Bleeding Hearts & Brave Hearts (Category: Breaking News)
- Electing A New Parliament & Ending The Old Presidency (Category: Breaking News)
- Brahmins Demand A Debate On Debt (Category: Breaking News)
[…]The post Sri Lanka’s First Firm Steps At Economic Reforms appeared first on Colombo Telegraph.
- Sri Lanka: Strategizing Economic Recovery (Category: Breaking News)
- BRI Dynamics & Politics Of Cabinet Reshuffle (Category: Breaking News)
- Sri Lanka: Surviving The 75th Year Of Independence (Category: Breaking News)
- Charting A New Beginning? (Category: Breaking News)
[…]The post Ranil’s Mythical Access To Global Finance & Political Longevity Is Media Creation appeared first on Colombo Telegraph.
- Why Did Ruwan Exonerate NTJ Leader Zahran? (Category: Breaking News)
- Should Aragalaya Consider A Political Movement Led By Nagananda, Fonseka & Hirunika? (Category: Breaking News)
- Any Dealing With President Who Lacks Legitimacy Is Political Suicide (Category: Breaking News)
- Are BASL & Media Acting In Cahoots To Promote Ranil? (Category: Breaking News)
[…] The post PM & President Offer Fool’s Paradise Instead Of Facing Up To Covid-19 Realities appeared first on Colombo Telegraph.
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
[…] The post PM & President Offer Fool’s Paradise Instead Of Facing Up To Covid-19 Realities appeared first on Colombo Telegraph.
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
[…] The post PM & President Offer Fool’s Paradise Instead Of Facing Up To Covid-19 Realities appeared first on Colombo Telegraph.
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
[…] The post PM & President Offer Fool’s Paradise Instead Of Facing Up To Covid-19 Realities appeared first on Colombo Telegraph.
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
[…] The post PM & President Offer Fool’s Paradise Instead Of Facing Up To Covid-19 Realities appeared first on Colombo Telegraph.
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
[…] The post PM & President Offer Fool’s Paradise Instead Of Facing Up To Covid-19 Realities appeared first on Colombo Telegraph.
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
- Covid-19: The Epidemic & The Economy (Category: Breaking News)
The unprecedented drought over the past few months due to the long delay of the south-west monsoon affected the entire country, resulting in withered paddy-fields to farmers; chicken farmers forced to slaughter animals due to water scarcity, soaring vegetable prices for housewives, and power cuts for everyone. The effects of the drought, the victims and ...
- The drought, Mahaveli waters and the farmer (Category: Business)
- Paddy farmers’ problems (Category: Business)
- CEB: Making losses or deliberate blunders? (Category: Business)
- Reservoirs run dry with no rains, country heading for electricity crisis (Category: Breaking News)
Given first half performance, believes several 2012 Roadmap targets will be missed UNP MP and its chief spokesman on the economy Dr. Harsha de Silva yesterday claimed that most of the Central Bank’s 2012 Roadmap targets were likely to be missed, based on below par performance on the external trade front during the first half. ...
- Harsha renews call for swift action against NSB-TFC deal makers (Category: Business)
- Readying for a fight? (Category: Business)
- Central Bank emphatic dollars are coming (Category: Business)
- Imports swell, exports lose steam (Category: Business)
By Chamitha Kuruppu UNP Parliamentarian Sujeewa Senasinghe yesterday filed a Fundamental Rights case against the Central Bank Governor at the Supreme Court challenging the prudence of Greek bond investments. Speaking to the Daily FT MP Senasinghe said, “I am seeking an interim
- Central Bank makes substantial gains in reserve management (Category: Business)
- Sri Lanka central bank defends FX reserve management (Category: Breaking News)
- Senior minister defends Sri Lanka Central Bank's investment in Greek bonds (Category: Breaking News)
- Central Bank defends investment in Greek bonds (Category: Breaking News)
D.E.W. Gunasekara says it is routine with 2010 Annual Report as subject; Ravi K says will take up reversed NSB-TFC deal and other stock market illsThe Chairman and Commissioners of the Securities and Exchange Commission (SEC) will appear before the Committee on Public Enterprises (COPE) today when Opposition is likely to query on ill doings ...
- NSB-TFC deal: CID questions Kariyawasam (Category: Business)
- A comprehensive investigation is underway on TFC-NSB deal – SEC (Category: Breaking News)
- NSB’s custodial role suspended, Sampath clears Friday settlements (Category: Business)
- NSB Head gives quit notice (Category: Business)
At Tuesday’s meeting Finance Ministry Secy. reiterates united effort by all to revive Colombo Bourse To appoint all stakeholders-comprised Consultative Committee for regular dialogue and consensus Credit rule to be revised to boost retail participation; fresh support to brokers in the offing, among other measures Meeting with top listed blue chips to be convened next ...
- SEC succumbs! (Category: Business)
- Dr. jayasundera-capital market meeting positive (Category: Business)
- Brokers delighted by talk, lunch with President (Category: Business)
- Dr. PB to meet SEC Commissioners today (Category: Business)
Following is the part one of the Daily FT article featuring the Acuity Stockbrokers Research on Economy and Strategy titled “Lion Leads Frontier” launched last week. Better than the rest General frontier market risks remain pertinent to Sri Lanka Investors in frontier markets
- Lion leads frontier markets (Category: Business)
- Sri Lanka’s growth world’s fourth best! (Category: Business)
- Sharper slip in Sri Lanka’s rank in global competitiveness (Category: Business)
"We expect all reports must be true and accurate. Today I found in the FT that what I said (yesterday) is reported in three sentences (reference to 5 July Daily FT’s Page 1 story titled ‘Ranil calls for suspension of EPF investments’). I want to bring this to your (House
- Ranil brush up! (Category: Business)
- UNP vows to prove the truth (Category: Business)
- Harsha rebuffs CB’s rosy EPF story (Category: Business)
- Ranil raises red flag over EPF, ETF in Parliament (Category: Business)
By Marianne David MP and consultant economist Dr. Harsha De Silva yesterday alleged that THE UNP’s criticism over the mismanagement of the economy and the Central Bank as well as the EPF’s investments in banking stocks have been emphatically validated by global rating agency Standard and Poor’s.“Standard and Poor’s reiterated what we have been saying ...
- Harsha claims Govt., CB lack credibility (Category: Business)
- UNP draws guns on “military control” of Rupee (Category: Business)
- S&P’s soother! (Category: Business)
Market’s value up Rs. 23 b, ASI back again in 5,000-points level The Colombo stock market produced a confident rebound yesterday driven by high net worth investors as well as institutions picking up low valued opportunities. The market’s value rose by Rs. 23 billion, slightly lower than Friday’s gain of Rs. 26 billion. The rise ...
- Stocks extend rally on banks, hotels (Category: Business)
- Bourse loses Rs. 85 b in value in a week (Category: Business)
- Foreign craving for stocks grows; inflow tops Rs. 28 b (Category: Business)
- Net foreign inflow tops Rs. 30 b; Bourse rebounds (Category: Business)
This letter is in response to the ‘Letter to the Editor’ by Luxman Siriwardena, which was published in the Daily FT on 8 June titled ‘Dr. PBJ: Protectionism or protecting the unprotected?’I refer to the response by Mr. Luxman Siriwardene of the Pathfinder Foundation to my article
- An Open Letter To Me And To My Fellow Citizens (Category: Breaking News)
- “This Speaks A Lot About You” An Open Letter To H.E. The President (Category: Breaking News)
- Letter to The Editor (Category: Breaking News)
- Letter From A Viewer (Category: Breaking News)
The NSB/TFC deal and the General Recent events in Sri Lanka have reconfirmed that though seemingly power may be unlimited, there are in reality constraints which limit the options those in power have. As proof of this fundamental reality, the first event is the purchase by the National Savings Bank (NSB), a State-owned entity, whose ...
- NSB conspicuous by its silence on allegations over TFC buy (Category: Business)
- Not-so-ugly truth of the NSB saga! (Category: Business)
- NSB-TFC deal’s stench spreads! (Category: Business)
- NSB Head gives quit notice (Category: Business)
By Deepal V Perera The volatile exchange rate environment since this year has dealt a fresh crisis for illegal money changers, though the positive outcome is that more transactions taking place officially. “The illegal money changers are now finding a crisis situation to match the daily changing rates, therefore forcing many to change their foreign ...
- CBSL decides not to renew permits of 15 money changers (Category: Breaking News)
- CBSL suspends renewal of permits of 15 private foreign exchange dealers (Category: Breaking News)
- Pressure mounts on overnight rates (Category: Breaking News)
- CBSL permanently revokes money changing permit of Prasanna Money Exchange (Category: Breaking News)
In mid February, the Ceylon Electricity Board (CEB) informed consumers of their intention to revise their electricity charges from the following month. The March electricity bill issued to the consumer by the meter-reader was based on previous rate. The April bill based on revised rates with the addition of fuel surcharge for March was sure ...
- More power cuts after China-built plant fails again (Category: Business)
- In the Chinese-built coal power plant of Norchcholai, there are more questions than answers. (Category: Breaking News)
- Chinese firm says coal plant failed after overuse (Category: Business)
- CEB is not a burden on national economy, says Power Minister (Category: Business)
Parliament told EPF has lost Rs. 4.2 b in value over investments in five listed companies alone Last audited accounts of EPF presented in Parliament was for year 2009 only The main Opposition UNP yesterday in Parliament stepped up its charge on alleged mismanagement of funds of the EPF by the Central Bank, raising fresh ...
- Ranil raises red flag over EPF, ETF in Parliament (Category: Business)
- What the UNP Leader told Parliament (Category: Business)
- EPF is well managed, not corrupt: CB Chief (Category: Business)
- UNP MP renews warning over fate of EPF’s questionable investments in stock market (Category: Business)
Planned divestiture of subsidiary – the sole private savings bank in the country – not advertised Deal with in-out-and-in Navara Capital under fire as Rs. 562 m strike price falls below Board recommendation Analysts label deal price as “cheap” when CB is unlikely to be generous in issuing new Specialised Bank licences in the future ...
- Shareholders furious over lack of disclosure, sale plan of MBSL’s savings subsidiary (Category: Business)
- Navara-led consortium to buy 68% of MBSL Savings Bank for Rs. 562 m (Category: Business)
- MBSL says savings subsidiary sale will result in a profit of Rs. 325 m (Category: Business)
- Double-edged deal (Category: Business)
Experts and analysts insist savings giant as a custodial bank must pay up and resolve internal issues separately without compromising integrity stability and confidence of market Popular settlement banker Sampath with Rs. 390 m overdrawn from CDS following payment on TFC deal stalls operations on Friday, causing chaos for brokers and clients of other deals; ...
- NSB’s custodial role suspended, Sampath clears Friday settlements (Category: Business)
- TFC buy against NSB Act: Legal experts (Category: Business)
- NSB-TFC deal’s stench spreads! (Category: Business)
Dear Editor, During the past few months, I have observed criticism, mainly by the Opposition Parliamentarians, about the manner in which the Sri Lankan economy has been managed. In my view, their attempts seem to be designed to impose blame on the Governor, Central Bank, perhaps to weaken his resolve and strength and discourage him. ...
- Sri Lanka could miss 7.2% growth target (Category: Business)
- Lankan team for U19 World Cup (Category: Business)
- Toastmasters dazzles at the Semi Annual Conference in Mangalore (Category: Business)
CB asks banks overnight for their forex commitments for Thursday and Friday; steps up bank visits Convenes meeting with treasury heads of banks; rupee crisis figures in monthly CB-bank CEOs meeting as well Dealers say no room for speculation given the very narrow net open positions; new rules apart from lack of dollars could be ...
- Markets becalmed (Category: Business)
- Rupee sinks to record low (Category: Business)
- Rupee on a yo-yo! (Category: Business)
- An effective consumer lending proposition (Category: Business)
Peradeniya Uni's Dr. Perera says exchange volatility is temporary and acceptable IMF's Mathai says no crisis but stability measures taken By Cheranka Mendis UNP MP Dr. Harsha de Silva yesterday made a compelling case that the ‘feel good’ party that the President Mahinda Rajapaksa Government tried to propagate among the people post-war was over, warning ...
- Harsha says CB has moral responsibility to be more transparent (Category: Business)
- Sri Lanka may need to consider easing monetary policy: PB (Category: Business)
- Harsha claims Govt., CB lack credibility (Category: Business)
Clarifies 2011 per capita GDP computation technically correct but given fall in Rupee’s value in 2012 Central Bank should have been honest with greater disclosure and putting data in context As per IMF staff report Net International Reserves in 2011 alarming low at $ 4 b; Net Open Position below $ 3 b; Short Term ...
- CB data: Cabraal shoots down Harsha’s claim (Category: Business)
- CB statistics under fire (Category: Business)
- Borrowed surplus looming, warns Harsha (Category: Business)
- The GDP Per Capita in the Central Bank Annual Report for 2011 (Category: Business)
Popular Topics
- International Monetary Fund (31)
- Political crisis (57)
- Foreign exchange reserves (43)
- Shortage (3)
- Bank reserves (57)
- Fuel (6)
- Economy of Sri Lanka (54)
- Russia (1)
- Sri Lanka Tea (52)
- Tourism (13)
- Sri Lanka Quality Tea (52)
- Sri Lanka Tourism (52)
- Sri Lanka Cricket (52)
- Sri Lanka Hotels (52)
- Sri Lanka Elections (52)
- Sirasa (1)
- Hiru Tv (3)
- ITN News (17)
- Shakthi Tv (3)
- EPF (7)
- BBC (1)
- Rob Ford (1)