Sri Lanka Banks and SMEs Discuss Parate Law and Loan Issues
Sri Lanka’s banks, regulators, and small and medium enterprises (SMEs) gathered at the Presidential Secretariat to address challenges surrounding parate execution (foreclosure) laws
Finance
Trade Relations
Sri Lanka Launches ‘Naturalz’ to Diversify Exports in UAE
The Consulate General of Sri Lanka in Dubai and Northern Emirates has backed the brand launch of ‘Naturalz’, a new initiative by the
Finance
Vallibel Finance to Raise Rs. 3 Billion via Debenture Issue
Vallibel Finance PLC has launched its inaugural listed debenture issue to raise Rs. 3 billion, marking a significant milestone in its funding strategy.
Uncategorized
News Summary: On 08th of Nov 2024
Markets Sri Lanka Rupee Opens Weaker at 292.68/75 to Dollar; Bond Yields Drop Sri Lanka’s rupee weakened slightly to 292.68/75 against the dollar
Tourism
Tourism Leaders Call for Unified Approach to Double Sri Lanka’s Visitor Numbers
Sri Lanka is poised for a potential tourism boom, and industry leaders are advocating for a singular, unified approach to attract more visitors
Markets
Gold Price Update in Sri Lanka – November 11, 2024
As of November 11, 2024, the price of 22-carat 8 grams (1 pawn) of gold in Sri Lanka is Rs. 202,800. For those
Forex Market
Sri Lanka Rupee Weakens to 292.60/70 Against Dollar, Bond Yields Fall
Sri Lanka’s rupee opened weaker on Monday, trading at 292.60/70 to the US dollar, compared to 292.50/65 on Friday, according to dealers. Bond
Economics
Sri Lanka’s Pharmaceutical Sector Shows Signs of Growth After Economic Crisis
Sri Lanka’s pharmaceutical sector is beginning to show signs of recovery, with sales starting to grow after the country’s severe currency crisis in
Economics
Private Sector Credit Demand Slows in September, But Remains Resilient
Private sector credit demand showed signs of slowing in September, falling short of the recent high recorded in August, according to data from
Educational Opportunities
Pakistan High Commission Awards Allama Iqbal Scholarships to Sri Lankan Students
The Pakistan High Commission in Colombo, in partnership with Pakistan’s Higher Education Commission, hosted a scholarship award ceremony on October 30 to distribute