Sri Lanka Rupee Opens Weaker at 294.30/60 to US Dollar, Bonds and Equities Show Mixed Trends
Sri Lanka’s rupee weakened to 294.30/60 against the US dollar in the spot market on Monday, compared to 293.95/294.15 on Friday, while bond
Forex Market
Agriculture
Sri Lanka Coconut Prices Surge 18%, Reach All-Time High at Weekly Auction
Sri Lanka’s average coconut prices soared by 18.32% to record an all-time high in the weekly auction, according to data from the Coconut
Economics
Sri Lanka Tyre Makers’ Import Control Plan Faces Backlash, Minister’s Proposal Draws Criticism
Hundreds of online followers criticized Trade Minister Wasantha Samarasinghe after he revealed that local tyre producers had requested further import controls. They argued
Tourism
Sri Lanka Excels in Tourist Visa Accessibility, Enhancing Global Tourism Appeal
Colombo has strengthened its position as a leading South Asian destination, ranking 33rd globally for “easy to get visa,” thanks to the introduction
Tourism
Sri Lanka Targets High-End Tourism Market for 2025 with Focus on Quality and Wellness
Tourism Minister Vijitha Herath announced plans to enhance Sri Lanka’s tourism offerings in 2025, aiming to attract high-end travellers. Speaking at the inauguration
Business
Port City Colombo Breaks Ground for Marina Development, Aiming to Boost Business and Tourism
The Port City Colombo will officially break ground for its Marina development on Friday, marking a milestone in its efforts to enhance business
Recap
News Recap: 02-01-2025
Stock Market Vindhya Jayasekera Appointed CEO Designate of Colombo Stock Exchange The Colombo Stock Exchange (CSE) has appointed Vindhya Jayasekera as CEO Designate,
Logistics
Colombo Port Achieves Record Container Throughput of 7.78 Million TEUs in 2024
The Port of Colombo has set a new benchmark in container handling, achieving an all-time high throughput of 7.78 million Twenty-foot Equivalent Units
Forex Market
Sri Lanka Rupee Weakens to 293.30/60 Against US Dollar, Bond Yields Remain Steady
Sri Lanka’s rupee opened weaker at 293.30/60 to the US dollar in the spot market, compared to 293.15/40 on Thursday, dealers reported. Meanwhile,
Tourism
Sri Lanka Records Third-Highest Annual Tourist Arrivals in 2024 Despite Missing Target
Sri Lanka fell short of its 2024 target of 2.3 million tourist arrivals but achieved its third-highest annual influx with 2,053,465 visitors, reflecting