#SriLanka shares slip over 2% in mid-day trade on Tuesday (04) continuing the sentiments from the previous day.
The main index ASPI is down 261.54 points while the market generated a turnover of 3 billion rupees.
Top losers - Lanka IOC, Expolanka and John Keells.
The most liquid index S&P SL20 drops below 5%
Oct 4, 2022 • 16 tweets • 21 min read
Stay tuned on the thread below.
#SLNews#LKA#CabinetSL#SriLanka@BandulaDr says the @RW_UNP is broadening the lunch project for school children and 51 percent in the student community there will be food security. The president has increased the budget of the project by 4 billion rupees.
"There are no medicines in the Ayurvedic Hospital only problems. Most of the time they give the best closest medicine to the person due to lack of medicine in the hospital." - Protestors from Ayurveda Junction
#SLNews#LKA#ProtestLK
".@IMFNews says the number of state workers is high. Chairman of IMF thinks these people get paid in dollars? If we take in the entire Asian region we are getting a very poor salary." - Protestor
.@CBSL discusses the Monetary Policy, stay tuned for live updates on the thread below.
#SriLanka#SLNews#LKA#SriLanka’s central bank said it was holding its policy rates at 15.50 percent, while data showed market interest rates are close to twice the rate while private credit and imports falling as a consequence. @CBSL#SLNews#LKA
Sri Lanka's Opposition launches a program called Maha Jana Sabhava, where ideas and issues are being collected from the general public, with motives of potentially implementing system change and combating the #EconomicCrisisLK.
#SriLanka#SLnews
Several communities represented at the discussion such as #Aragalayaprotestors belonging to the deaf community, lawyers, mothers, state workers and supporters of SJB and was chaired by SJB Leader @sajithpremadasa, National Organiser TissaAttanayake and @hirunika7.
Aug 16, 2022 • 7 tweets • 8 min read
.@CabinetSL to take place today at 10 AM, stay tuned for live updates on the thread below.
President @RW_UNP at @advocatalk’s #reformnow conference says the first task is to stabilise Sri Lanka economy
President @RW_UNP at @advocatalk’s #reformnow conference says Sri Lanka economy has finally become a ‘hodhdha’ or gravy.
Aug 4, 2022 • 20 tweets • 13 min read
A conference was held by the #SriLanka's lawyers against repression.
#SLNews#LKA#AlertSL
"We don't encourage violence but we have to be determined and strong," says Geoffrey Alagaratnam of the President's Council.
Aug 4, 2022 • 17 tweets • 10 min read
A Press Conference was held by the Family Health Bureau. The thread below mainly focuses on Nutrition for kids and the promotion and education of breastfeeding during the #EconomicCrisisLK.
Protestors “illegally” occupying Sri Lanka’s Galle Face green and adjacent premises have been given time till 5pm Friday August 05 to vacate the area, police said.
economynext.com/sri-lankas-gal…
Sri Lanka’s new President @RW_UNP and others in the government say the protest movement, which was organic at the start, has now been hijacked by subversive or anarchic elements looking to destabilise the country. #ProtestLK#SLNews
Aug 3, 2022 • 24 tweets • 21 min read
Stay tuned for live parliament updates, where chairmanship is under President @RW_UNP on the thread below.
.@CabinetSL decisions today, stay tuned for live updates in the thread below.
#SriLanka#SLNews
All agreed to reform the constitution according to the 19th Amendment. But by understanding its weaknesses and taking the best of the 19A and the 20A, has resulted in the making of the 22 amendment. - Wijedasa Rajapaksa @CabinetSL#LKNews
Jul 28, 2022 • 43 tweets • 28 min read
.@pucslofficial hosts a Press Conference today in regard to a tariff revision submitted by the Ceylon Electricity Board in March 2022. Stay tuned for live updates.
#SriLanka#SLNews
The last tariff revision was received in 2014, which was a reduction of 25%, due to the exchange rate variations and electricity supply running on imported fossil fuels, Ceylon Electricity Board is in a "very bad financial situation", says Rohantha Abeysekera of CEB. #SLNews
Jun 6, 2022 • 15 tweets • 17 min read
Central Bank of Sri Lanka explains the Background, Positive Impact, and Expected Outcomes of The Current Exchange Rate Arrangement. @CBSL#SriLanka#Economy#SLNews#NewsAlert#SriLanka@CBSL says The outcome of the initially allowed exchange rate flexibility fell short of expectations due to large overshooting by market forces and the delay in market correction. @CBSL#SriLanka#Economy#SLNews#NewsAlert
Jun 6, 2022 • 4 tweets • 6 min read
#SriLanka’s Sapugaskanda oil refinery to release 800MT of diesel to market.
#SriLanka PM @ranil on Sri Lanka's "Twin Crisis": “We are only seeing the beginning [the of global impact of the Ukraine crisis]...it will get much worse as it goes along...most probably be a shortage of food [which] will go globally till 2024.” #EconomicCrisisLK#Ukraine@ranil#SriLanka PM @ranil on Sri Lanka's "Twin Crisis" says: "There's a shortage of fertilizer in California, there's a shortage of fertilizer in Brazil. Already countries are banning the export of food." #EconomicCrisisLK
#SriLanka@CBSL chief at #PressClub event - “What we have is a balance of payment crisis. But now it’s has evolved into a political crisis and social unrest” #SriLanka@CBSL chief at #PressClub event - “Suspending the debt repayment was the best option out of many bad options until we come to consensus with our creditors”