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Friday, May 24, 2019
SRI LANKA

SRI LANKA

Sri Lanka stocks edge higher on local buying; rupee firmer

Sri Lankan shares closed higher for a third straight session on Tuesday (21), moving further away from a near seven-year closing low hit last...

Sri Lanka likely to miss FY growth target after Easter bombings: junior minister

Sri Lanka is unlikely to hit its full-year economic growth target of 3-4 per cent following the Easter Sunday bombings, junior finance minister Eran...

Sri Lanka stocks edge higher on local buying; rupee steady

Sri Lankan shares closed higher for a second straight session on Friday (17), moving further away from a near seven-year closing low hit earlier...

Sri Lanka stocks, rupee fall as sectarian violence pushes investors away

Sri Lankan shares slumped 1.6 per cent on Tuesday (14), extending their falls into a ninth session and closing at their lowest in more than...

Beleaguered Sri Lanka gets £126.66m IMF cash after long delay

The International Monetary Fund on Tuesday (14) released a long-delayed loan instalment to Sri Lanka, providing financial relief to a government still reeling from the Easter Sunday...

Sri Lanka’s 2019 growth to hit 18-year low after Easter bombings: Reuters poll

Sri Lanka's economic growth is expected to slump to a near-two-decade low this year, a Reuters poll showed, as tourism, foreign investment and overall...

Sri Lanka stocks hover near 6-1/2-year closing low; rupee up

Sri Lankan shares extended falls into a fifth session on Wednesday (8) and closed at their lowest levels in six-and-a-half years on shattered investor...

Sri Lanka April tourist arrivals slide after Easter bombings

Tourist arrivals in Sri Lanka tumbled 7.5 per cent in April from a year ago, as travellers shunned the island nation after the deadly...

Sri Lanka rupee touches near 6-week low; stocks hit 5-1/2-year closing low

The Sri Lankan rupee fell for an eighth straight session on Monday (6) to a near six-week low on dollar demand from banks, a...

Deserted beaches, empty rooms: Sri Lanka tourism takes a hit after bombings

Sri Lanka’s $4.4 billion (£3.35 bn) tourism industry is reeling from cancellations as travellers shun the sun and sand Indian Ocean island after multiple...