Sri Lanka-UAE Joint Venture Enhances Graphene Processing Capabilities, Boosts Industry Ties
Inovartic Investment Lanka Ltd., a new joint venture between Sri Lanka’s Apex Asia Holdings and UAE’s Inovartic Investment LLC, is set to advance
Industry Analysis
Business
Sri Lanka Pavilion Shines at 70th Bangkok Gems and Jewellery Fair, Showcasing Global Expertise
The Embassy and Permanent Mission of Sri Lanka inaugurated the Sri Lanka Pavilion at the prestigious 70th Bangkok Gems and Jewellery Fair on
Politics
AKD Blames Ranil for Sri Lanka’s Financial Crisis, Spares Gotabaya
Presidential candidate Anura Kumara Dissanayake has attributed Sri Lanka’s 2022 financial crisis to incumbent President Ranil Wickremesinghe, while largely absolving former President Gotabaya
Bond Yields
Sri Lankan Rupee Weakens to 304.25/50, Bond Yields Rise, Stocks Open Higher
Sri Lanka’s rupee opened weaker on Thursday at 304.25/50 against the US dollar, compared to Wednesday’s 303.75/85, according to market dealers. Bond yields
Economics
Sri Lanka Anticipates IMF Mission Visit in Two Weeks, Says President Wickremesinghe
Sri Lanka is expecting a mission from the International Monetary Fund (IMF) in two weeks, President Ranil Wickremesinghe announced at a campaign rally
Finance
US Federal Reserve Cuts Rates by 50 Basis Points, Continues Quantitative Tightening
The US Federal Reserve has cut its interest rate by 50 basis points, bringing the target overnight rate to 4.75%-5.00%. Fed Chair Jerome
Markets
Gold Prices in Sri Lanka – 13th September 2024
As of today, September 13, 2024, gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 775,389.00 24
Business
Sri Lanka’s Planters’ Association Celebrates 170 Years of Service to the Plantation Industry
Sri Lanka’s Planters’ Association (PA), representing the managers of the island’s commercial farms growing tea, rubber, coconut, and palm oil, is celebrating its
Stock Market
Sri Lanka’s LTL Holding IPO Temporarily Halted by Colombo Stock Exchange
Sri Lanka’s LTL Holding IPO, scheduled for September 13, has been put on hold by the Colombo Stock Exchange (CSE) due to the
Bond Yields
Sri Lankan Rupee Opens at 300.70/95, Bond Yields Rise
Sri Lanka’s rupee opened at 300.70/95 against the US dollar on Friday, according to market dealers, while bond yields showed an upward trend.