World Bank's Senior Managing Director, Axel van Trotsenburg, Photo: Reuters

World Bank Demands Radical Debt Transparency and Its Impact on Sri Lanka

The World Bank is driving debt transparency reforms for developing countries, which could affect Sri Lanka’s recovery after its 2022 default, potentially easing access to international funds.

•World Bank, Debt transparencyJun 20th 25

forex commodities

Swiss National Bank Cuts Interest Rate to 0%

Finance Manifest•Jun 19th 25

stock market

Investors Fear Sharp Market Tumble if U.S. Enters Iran-Israel Fray

Finance Manifest•Jun 19th 25

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INDUSTRIAL ASPHALTS (CEYLON) PLC

ASPH.N0000

LKR0.40

33.33%

UB FINANCE PLC

UBF.N0000

LKR1.20

20.00%

SINGHE HOSPITALS LIMITED

SINH.N0000

LKR7.50

17.19%

BERUWALA RESORTS PLC

BERU.N0000

LKR4.10

17.14%

MAHAWELI REACH HOTELS PLC

MRH.N0000

LKR20.80

12.43%

SATHOSA MOTORS PLC

SMOT.N0000

LKR534.00

11.25%

RENUKA AGRI FOODS LIMITED

RAL.N0000

LKR4.00

11.11%

MERCHANT BANK OF SRI LANKA & FINANCE PLC

MBSL.N0000

LKR7.80

8.33%

RAMBODA FALLS PLC

RFL.N0000

LKR39.00

8.03%

PALM GARDEN HOTELS PLC

PALM.N0000

LKR75.50

7.86%

EASTERN MERCHANTS PLC

EMER.N0000

LKR9.70

7.78%

BROWNS BEACH HOTELS PLC

BBH.N0000

LKR18.60

7.51%

News

World Bank Demands Radical Debt Transparency and Its Impact on Sri Lanka

The World Bank is driving debt transparency reforms for developing countries, which could affect Sri Lanka’s recovery after its 2022 default, potentially easing access to international funds.

banking finance•Jun 20th 25•World Bank, Debt transparency

Swiss National Bank Cuts Interest Rate to 0%

The Swiss National Bank (SNB) has lowered its key interest rate to 0% starting June 20, 2025, due to falling inflation. This sixth rate cut in a row aims to stabilize prices amid deflation concerns.

forex commodities•Jun 19th 25•Swiss economy, Interest rates

Investors Fear Sharp Market Tumble if U.S. Enters Iran-Israel Fray

Rising tensions between the U.S. and Iran, fueled by the ongoing Israel-Iran conflict, have investors on edge. Experts warn that U.S. military involvement could trigger a sharp market selloff, spike oil prices, and strain an already fragile global economy. While stocks dipped slightly, safe-haven assets like gold and the dollar are gaining traction.

stock market•Jun 19th 25•Geopolitics, Oil prices

Tesla Stock Dips as Robotaxi Hiccup and EV Slump Worry Investors

Tesla's stock is under pressure in June 2025 as declining EV demand, a delayed robotaxi launch, and analyst downgrades weigh on investor confidence. Despite a recent rally, the company faces significant hurdles in a competitive market.

stock market•Jun 17th 25•Tesla, stock market

Top Gainers

INDUSTRIAL ASPHALTS (CEYLON) PLC

ASPH.N0000

LKR0.40

33.33%

UB FINANCE PLC

UBF.N0000

LKR1.20

20.00%

SINGHE HOSPITALS LIMITED

SINH.N0000

LKR7.50

17.19%

BERUWALA RESORTS PLC

BERU.N0000

LKR4.10

17.14%

MAHAWELI REACH HOTELS PLC

MRH.N0000

LKR20.80

12.43%

SATHOSA MOTORS PLC

SMOT.N0000

LKR534.00

11.25%

RENUKA AGRI FOODS LIMITED

RAL.N0000

LKR4.00

11.11%

MERCHANT BANK OF SRI LANKA & FINANCE PLC

MBSL.N0000

LKR7.80

8.33%

RAMBODA FALLS PLC

RFL.N0000

LKR39.00

8.03%

PALM GARDEN HOTELS PLC

PALM.N0000

LKR75.50

7.86%

EASTERN MERCHANTS PLC

EMER.N0000

LKR9.70

7.78%

BROWNS BEACH HOTELS PLC

BBH.N0000

LKR18.60

7.51%