Market Volatility and Refinancing Risks Remain Despite Global Rate Cuts, Fitch Ratings Reports
The turn of the global monetary policy cycle this year, with rate cuts in the US, Eurozone, and other major economies, has significantly
Finance
Travel
Enter Air Launches New Charter Flights from Poland to Sri Lanka
Enter Air, the largest private airline operating in Poland, has officially commenced flight services connecting Warsaw to Colombo, Sri Lanka. This new route,
Stock Market
Colombo Stock Exchange Experiences Mixed Performance in 2024
The market capitalization of the Colombo Stock Exchange (CSE) has seen a decrease of 3.4%, bringing it down to Rs. 4,382 billion as
Markets
Sri Lanka and Pakistan Set to Lead Asian Frontier Markets in 2025
Sri Lanka and Pakistan are positioned to take the lead in South Asian frontier markets, extending their current market rally into 2025. This
Forex Market
Sri Lanka Rupee Strengthens to 292.80/85 Against US Dollar; Bond Yields Steady
On Thursday, Sri Lanka’s rupee was quoted at 292.80/85 against the US dollar, reflecting an improvement from the previous day’s rate of 293.00/20.
Economics
Sri Lanka Sees 0.8% Deflation in October 2024 Amid Central Bank Policies
Sri Lanka’s consumer price inflation recorded a deflation of 0.8% in the 12 months ending October 2024, with only a 0.3% increase over
Markets
Current Gold Prices in Sri Lanka (November 1, 2024)
As of November 1, 2024, the gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 807,890.00 24
Tech
D. Samson & Sons Partners with Inivos for IFS ERP Upgrade
In a significant move to bolster its position as a leader in the digital landscape, Inivos Consulting Ltd. has signed a strategic partnership
Economics
Port City Colombo Promotes Sustainable Growth at Commonwealth Forum 2024
Port City Colombo, a visionary Special Economic Zone (SEZ) focused on the export of modern services, recently represented Sri Lanka at the Commonwealth
Tourism
Sri Lanka Surpasses 1.6 Million Tourist Arrivals in 2024 Amid Industry Challenges
Sri Lanka has achieved a major tourism milestone, reaching over 1.6 million tourist arrivals by the end of October. With more than 117,000