Sri Lanka Latest News Provider - Lanka News Web (LNW)
Monday, 26 Jul 2021

 

 

 

NEWS

LAUGFS confirms temporary suspension of LPG imports

LAUGFS Gas PLC finally admitted the decision to temporarily suspend the import and distribution of liquefied petroleum g

25 Jul 2021

New UK scheme to drive trade with Sri Lanka and boost employment

The UK Government has launched consultations on a new scheme which will help drive trade with Sri Lanka and boost jobs.

25 Jul 2021

SL embroils in economic crisis with heavy debts and low reserves

Sri Lanka is taking a sticking plaster approach to settle upcoming massive foreign debt repayment by using available for

25 Jul 2021

Treasury keeps an eye on financial management in ministries

The Finance Ministry will be implementing a new management procedure to streamline financial functions of 28 ministries

25 Jul 2021

SLtea crop up 25% 1H despite 5% dip in June

Tea production in the first half of this year has grown by 31 million kilos or 24% to 161.49 million, Forbes and Walker

24 Jul 2021

Fitch Ratings warns of repercussions in import restriction

Fitch Ratings yesterday warned that Sri Lankan corporates could face rating pressure should the Government further restr

24 Jul 2021

India and Sri Lanka explore the digital marketing opportunities

India and Sri Lanka are now exploring digital marketing opportunities available for the Sri Lankan exporters in the Indi

24 Jul 2021

US shied away from Sri Lanka under corrupted regime

US investors shied away from Sri Lanka under the present Rajapaksa regime‘s administration me tainted with full of c

24 Jul 2021

CB temporarily suspends 2021 interim or final cash dividends by banks

The Central Bank has made another valiant attempt to decipline banks by issuing tough regulation to maintain appropriate

23 Jul 2021

Tax breaks, other relief granted for doing business in Sri Lanka

New entrepreneurs are being encouraged in doing business by offering unprecedented tax breaks and other concessions and

23 Jul 2021

Government demanded to pay due respect for teachers

While condemning the action of government authorities for their disgraceful attitude and slandering of teachers in the c

23 Jul 2021

Government assures that there was no shortage of LPG

The Government yesterday assured that there would be no shortage of LPG and that prices would not be increased despite w

23 Jul 2021

Economic revival retards amidst accommodative monetary policy

Government’s accommodative monetary policy stance implemented by the treasury continued in the first half of 2021 to sup

23 Jul 2021

TECHNOLOGY

Team of foreign experts investigate damage to marine environment

The X-Press Pearl ship blaze, the subsequent sea pollution disaster and the damage caused to the marine environment are

18 Jun 2021

India reiterates support for devolution in a united Sri Lanka under 13 A

Indian High Commissioner Gopal Baglay reiterated India’s support for devolution within the framework of a united Sri La

18 Jun 2021

CPC to build new storage facility at Hambantota International Port

Hambantota Port is to be developed as a strategic energy center in Sri Lanka by building new storage facility for domest

18 Jun 2021

Electric vehicles and solar energy take precedence gradually

Sri Lanka is to direct towards the shifting of electric vehicles and solar power gradually President Gotabaya Rajapaksa

18 Jun 2021

ISSUES AND OPINIONS

Israel Aerospace Industries reactivates Sri LankanAir force Kfir fleet

Israel Aerospace Industries (IAI) recently signed a contract, worth USD $50 million with Sri Lanka’s Ministry of Defense

20 Jul 2021

Sri Lanka establishes submarine cable protection framework

Sri Lanka has established a submarine cable protection and resilience framework, the Foreign Ministry said.

20 Jul 2021

Current financial situation becomes bristle making IMF only hope

Sri Lanka’s current financial situation was bristling even before the Covid -19 has thrown its third blow on the country

20 Jul 2021

LAUGFS and Litro merger to become public money wasting venture

The Government’s plan to merge LAUGFS Gas and the state-owned Litro Gas Company under one banner will lead towards injec

01 Jun 2021

Sri Lanka popularises Cinnamon in Oman after exploring Vietnam market

Sri Lanka is to popularise Cinnamon in Oman following its successful campaign in Vietnam some times back amidst its stru

29 May 2021

EU provides emergency relief to flood victims in Sri Lanka

Following the devastating floods which struck Sri Lanka in mid-May, the European Commission is providing €80,000 (close

29 May 2021

 


 

BRS DAILY DIGEST

BRS Weekly Report - 30.04.2021

BRS Weekly Report - 30.04.2021

03 May 2021

BRS Weekly Report - 16.04.2021

BRS Weekly Report - 16.04.2021

19 Apr 2021

BRS Weekly Report - 09.04.2021

BRS Weekly Report - 09.04.2021

11 Apr 2021

Trader’s Daily Digest - 07.04.2021

Trader’s Daily Digest - 07.04.2021

08 Apr 2021

STOCK MARKET NEWS

Sri Lanka stock market gains momentum with John Keels trading

Sri Lanka stock market has gained momentum once again as stocks jumped 1.6 percent yesterday to a more than three-week h

25 Mar 2021

CSE further dragged down. Operations dropped twice today

The Colombo Stock Exchange (CSE) has met with a major drop-down today (11), indicating a fall in the S&P SL20 index more

17 Feb 2021

EXCHANGE MARKET NEWS

Sri Lanka’s Manufacturing and Services improved in June

Manufacturing and Services activities improved in June as per the statistics and data compiled by the Central Bank.

21 Jul 2021

Finance Ministry dispels Moody’s downgrade of Sri Lanka ratings

Sri Lanka has disputed a warning by Moody’s Investors Services that it may further downgrade the island’s sovereign rati

21 Jul 2021

Exchange rates CBSL 03.05.2021

Exchange rates CBSL 03.05.2021

03 May 2021

mCash partners with UnionPay International

SLT-MOBITEL’s revolutionary mobile money platform, mCash, which is transforming the country’s electronic payments landsc

21 Apr 2021